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<br /> � . . _ ; �3-' �'o"�i`a'� . ..
<br /> d. {Nqrd.pr�ropedY fa�unner� Borcowa.chuit Y.eep.tha in�pruvemema now oxirdnq or M,rrafter eroatd on tryp
<br /> ,Propbrty Inwro��ydnst losp by fire.hwrde 1pcluAcd wilh(n itA term•extenAcd coveraye'and iinY aher huatrl�,I�Iudin�
<br /> ' n�aa o�nooems,for wAlsh Gerdrv rtqulres Insurukc.'thls Inwrw�ca s1u1i 6o m�intained In�ha�nwun�e anAJnr thc perloQi
<br />� �hu Lender roquim.71�e(nsuronco c�rrier providing ila Insunhce ehnll bo chw�en by Borrower sub)ect to Lnxler'a approwi
<br /> which Qiall noi.De unrcuorubiy wl�Aheld, if 8orrowct fdis�o n�alnmin wveroga deacribed obove. I.erdcr nuy, ot LendePa
<br /> optlon,o6Gtn covei�gQ ro protcct Lender'e righte In the Propeny In xcordance w(d�p�ragnph 7.
<br /> All iasurarse poltcia air!ranewde sfialt Da ottepsbie to l.ender ord shail Inciudc e ctandard nwngago clauu. I.sndcr
<br /> , . ehdl luvo tho righi to hold�ho pollcia ad renewola.li Lender requitt�,Qortower shill promptly givo lo Lender dl rea(qa oP
<br /> � paW premfuma nrd rena�val notices.ln the evem of los�,Borrower shall glve prompl r�:,�ice!o the Insuranco raniet eiM Lendtr. __ ___
<br /> l,mdet mey n�tkq praoP ot Ioss If not m�de promply�y 9ortower. '
<br /> , UNes�l��der ond Bortower ahetwiso agrea In wddng,insurancc proca+da Ehaii bo eppiled w restontlon or rcpair of tha
<br /> P�operly demnged�if the rcstontion or rcp�lr b cconomical ly Ras(blc end I.ender's xcurity b na�cssened.it tho ramre�lon ar _
<br /> rep�ir Is not ecanomiwlly feesibie or l.ender'e ucurity wouid ho lessentd,�he Insurancc proaods eAall be eppllcd to�ho sums
<br /> suuccd by�hle Stcudty Insuumcnt, whc�hcr or not then duc,with any exas�palA ro Dortowcr. If Borro�ver obudons the
<br /> . Propetty,or dod mt answer wi�Atn 30 Aays e noQee from Lender tha�tho insuranee czn-!u hcu affemd ro aatla u eintnr,ihen .
<br /> tJender nuy collect thr,insurance procceds. Lendcr m�y use�ho proceeds to repair or ruloro tho Propeny or to p�y sums
<br /> smrW Ey thfs Secudty Insttument.whether or not then dno.TM 3aday pedod wlll be8in when tho�a11a Is given.
<br /> Unlci� Lcnder end Borro�vcr ahwwisa uoree in�.writing, eny opplication of procads to pdnclpal ehilP not extend or
<br /> ' pos�pona Ita due daie oi iCa momhly payments rctertcd4n.tn paregraphs i uW 2 or cl�ango the emant ot tho paymems. If
<br /> urder paregraph 21 tho Propeny is ecquircd by l.endcr,Bormwer's riaht ro eny Insurance policics ond proaeds rauttlng Gom
<br /> d�rtuge to�hc Property pdor to�he acquisi�lon shatl pav to I.endcr�n•�lia extcm of tho sunu sccurcd by tAls Security Instrument
<br /> Ina�eJlaiely prlor lo Iho�quishion. - --
<br /> 6.Qavpm!cy,PreservaHon,llfalntenanee and Nnt�.�ctfarvottt�Froperiys Barrower's Loan AppticaUon;I.easeLOids.
<br /> Bortowcr sha11 omipy,esuDllsh,end um thc Propcny as Qarro+vtr's prinripJ n�Hercu within sixty days attcr tho exuvNon of
<br /> Ihia Sewd�y[ns�rvment end ahall mn8nue�o occupy�ho Property os L'arou�ei s F;incipal rcsiAence for at leatt ono yca�aRr.c
<br /> �he dato of occupancy, unless l.ender otlierv+ltt egrccs In wdting,wblcA ctro.s:r:tn�ai!nol be unrcawnebly wiihheld,or uniess
<br /> � extenualing circumuances exisl whicL ant beyond Qortowets conuvl. Eercur.er shall not dcstroy, damago-or impaU �ha
<br /> : Propeny, ellow tho Property to dGCriorate. or commiu wqste on�Ao ftopcny. L'�wer shall bo in dePoulc if any fodeituro
<br /> adion or procoeding, whether civll or crlminal, is begun tlial in Lender's good fdih judsmem could ruult in forteituro of the
<br /> Property or aherwix n�aterialiy impair U�e Hen creaied-by this Secudty Instmment or Lender'e securiry intercst.Bortower may
<br /> _ wre such e defeuh end reim�ate,ea pmvtded In paragreph I8,by causing tho actlon or proceading to be dismissed wi�h a rvling
<br /> - �hat. in l.cndcr'a good taitA detemiination, precluda fortclmre of tho[iortowcr e intcrest in �Uo Propeny or othcr mateNnl
<br /> i��al.��Rn cf t;�li.n :�a:;�y th; °..»vi:y :rrtmc:w cr L;.rAcr'e s,,.wricg ir.tcr°:. Parro•�.r a.h::l a;sc'.x:n d-.tault ff - . .
<br /> Honowcr,dudng the loan e{;�licetion proccss,gave mNerially lelse or Inaccur�to inConna�ion or s�atememe tu l�endxr(or falled ��
<br /> to provide I.cadcr with any mntaial Infom�ation)im m�nceqon wiih thc loan cv'ulc:mzd by�hc Noto,Including,bm 8ot timl�ai
<br /> I to,rcprcsentations mnceming�Bortower's occupancy of the P�openy ns a pri��:ipxf eesidenee.If iBls Security instivment is on.a
<br /> - Icaschold, Bonoxer shall mmply with all the provislons of Um faas:. IP Borrawer acqulrcs fce U�lo m the Propeny, the
<br /> leaschold end the fec IiHc sh�ll not mcrge unless Lendcr agrces m the mcrgcr(n wrniqe. � -
<br /> : 9.I'rotecUon ot Lendar's flights In lhe Propeqy.If Oortower[ails�o arform Uro covenents anA ngreemous containa!in __=--
<br /> . thte Securhy Inslmmen4 or Ihere is e legal procecding thnt may sign(Itcan�ly affect I.ender's dphle in�ho Pmperty'(such es e �p�__,:.;.:-
<br /> roceedin In banktu tc robate, for tnndemna�ion or forfcimre or ro enforce Imvs or re uimlons), tlicn Lender mn da and '''"'t'����
<br /> P 8 P Y•P 8 Y �•.u%,:• —�
<br /> " pay for whatever le neccssary to procea �he vnluc ot Ihe Property und Lender's righta in�he Propeny. I.ender's octiuns m•ry F;�i'�1�'.".:
<br /> r� -.�:—_.:
<br /> Include paying eny sunu securtd by e Iicn �vhich h:u p+riori�y over this Socud�y In:�mment, eppcaring in-caurt, payui8 , �_..,- �a,y,�
<br /> reasonnbk nl�omeyi fees and entering on�he Property h+:c�ke rcpalrs.Alihough l.ender may�nke ec�ian under Uiis pamgraph �;.,..-�-¢"''�
<br /> 7.Lendcr dacs nat havc�o do w. �` �S'�`'ii�.. ,
<br /> �4yh--`-t. :r
<br /> Any amoun�s disbursed by 4nder under llils paragraph 7 shall 6ecome aMitional debt of Qortower secun;d 6y this -��r,?,;.- ".:-�
<br /> - Security Instnmum. Unlesa�orrower and l.ender agrm�o o�her�erms of payment, thcse amoums sholl 6car inmmst fivm thc t;3�:•;;:����3'",'�,'.:�--.
<br /> dale of disbnrser.:°r.t ai Ih: Note rn�e nnd shall M paynhle. �vith interv.t, upnn nMiM fmm Lender In Dnrtmier rcqnectfng R�-s_'�=�=-�'-�
<br /> men6 [;_�.;:�:-•-c-�.
<br /> PaY a:;���„�;-•�_`''iE;',-'.
<br /> - 8.1lfortgngc Inturnnce. If Lcndcr rcquircd mortgagc insuranm as a rnndiiiun af making�hc lu�n xavn�hy dilx Savri�y g�;;f�:';,-`--;:_-�.
<br /> Imwmen6 Qorrower shail a �hc remiums rc uiRd lo maintain 11ic mon a C insUnntY in Cffecl. If, tnr an� rcason, d1C �"� '°`��?�" ��-
<br /> - P Y P Q 8 S ) _;.;:E'.
<br /> mortgage irtsurana mvenge rcquind hy Lender lapses ar ccaus�o bc in effce6 6orrowcr shell pny thc promiunu requircd to -.,>y�:,-±•�
<br />-- oMefn coverage subs�antially equivalent tn ihc mongage insursnm previousiy in etfca, ai a mu subsientinlly cquivaicnt m ihe � !,��'? � -�`_
<br /> - mst to Qorcower of the mort a e inxurance reviousl,v in eflecl, Gom nn ahema.te mnrl•a e insurcr a mved b Lender. If �4'���� ''�' �- �
<br /> F R P b R PP Y -Yir'i'.,-•.,i.:r x`',
<br /> subxtaminlly equivalent mongnge insuranee coverage i.not available, Oorro�rer shxll pay tn Lender each mmnh n sum equal ta �;�'`'�-
<br /> :.gy..;-. . .
<br /> one-Iwel(th o(�he yearly mongage insumnce premium bcing piiJ by 6orro�ver���6en�he insurance co�•enge lap<ed or ocased tu '+���•'�;:. � -
<br /> be in etfect.Lendcr�rili asep�,ux and re�ain�hex paymems aa a luac cesenr in lieu nf mnngage insurance. Loss re;crve t4;��"- - . �
<br /> ��,;, :
<br /> - Fo�m 3020 OtDO ����� ' �
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