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<br /> ' . 934
<br /> 5. R+�nl o� I'roperty Irour�nce. Borrowa eMJI kap tAe In�rovec�enie rpw exicting nr hercaRer eta�ud on tha `:
<br /> prup�t1y in:u}ed agnins�loss by flro.hxrard�included wi�hin tla term exteMed qovernge'aM my other lu�ard�;'Ineiudir� �". .
<br /> ifaodi or Ilooding,for whlch Ixnder rarynlPa Insurana.Thb insumnco shdl bo malmeine�in tha uiwunte�nd fot��ib petlud� .
<br /> ihat I:sndu requlrw. Tta iniumnw carfler providing tho Insunnce shall bo choun by Fiotrower w6Ject to 4ender'��pproval
<br /> which st�all nol be unreasonebty wilhheid. If Barcowcr falle to n�alntuin cover�ge describcd ubovo, Lender moy, ot I.ender'e
<br /> optlon;oMain coveroge ro protect Lender's dghte In tha Prop�ny In norordenca with paragropti 7. '
<br /> All insuronco polidw a�d renmvais sholl be xaptnb�p to Lendcr ahd sh�Il Include a siandord nwngugo cinusa I.endlr
<br /> shall hpve the dghl to twld tho policiw ond renewale.If 4uider requlrw,Eortowar sh�ll promplly glve to Lender�II raeipte ot
<br /> � —� pald prcmlums and rcnc�val notices.In�hc cvent of lose,Borro�rer shnll 6tva prompl notice ro�ho insuranco cartier nnd t.ender. �,_:,___.- ._ -
<br /> I.ender msy mako proof of tas�If not made promptly by Borrower.
<br /> Uniw I.ender and Bortowcr o�herwiu egrco In writing,Insmm�w proccod�shell bo appltal to resroretion or rcpalr ot ttw
<br /> Proputy d�maged,(f tAa rurom�lon or repair Ia cconomicaliy fcas@lo and Lender's secudry Is not Icssencd. If Iho resromUon or
<br /> rcpalr fs not economically feasiblo or I.cnder's saurity would bo Iesuned,tho insumnco pr000eda shall bo nppllqd ro the sums
<br /> sowrcd by this Saurity Inshumcnl, whGlier or noi then due, wi�h eny exccss paid �o I3orrower. If Dortower ebandons tho
<br /> ----------- Propeny,or does not ens�rcr�rithin 30 days a notltt from I.ender thet�Ac inrimnso carder has otferea to sctqe n daim,�hen
<br /> I.ender may mllat tho insuranca promAs. Lcnder mey um the promede to n,patr or res�oro tho Propeny ar �a pny sums
<br /> - -"�' 'a wcund by�hle Security Instrumen6 whether ar not�hen due.77w 30-day peflod will begin when the notico Is given.
<br /> ;yi��:i#`� Unleu LenAu end Oortower othe�vlso agrce in writing, any epplica�lon of prooeeds lo pdncipal sLnll not exlend or
<br />,�_r;'<<v st no�ho duo date of tha montLl a mems rcferted to in � re ha I end 2 or chan o tho emount of�ho a menta. It
<br /> ..; �.._,y� po po Y P Y P mC P 6 P Y
<br /> undu paregreph 21 the Property i�acqulrud by Lender, Uorrower's righi ro any insurenco policios nnd procceda rrsuldng from
<br /> t�� .;s" damago to�ho Properiy pdor to the acquisitlon shall pass�o Lender to the extent of tho sumv secured hy�hia Sccud�y fnstiunxnt
<br /> ' :�" Immedlotely pdor to�he acquisition. ` .".'.`".
<br /> d`,f ;- 6.Ocrupamy,Praervotion,Malntenance and Protecqon of lhc 1'roperiyi Qortox�er'e Loan Applicatlont��holdv.
<br /> ;, q..:�:,
<br />=,.`?>,:;;r�•� Oortowcr sAall ocapy,ateblish,end ux the Propeny es Rorro�ecr's pdncipai residcnce wiihin six�y dnye eRer�he exwulion of
<br />.-oJ'tt:i:')F.: -- ---
<br /> .. „)r,;.,_ this Secudly Instrument and shall mnUnue to ocwpy IM1e Property as[tortower's principal residenx for et Ieasl one year etter ��
<br />�-�.;cl�i;':�i..�. l6e date of ocwpancy,unless Lender oihenvise agrees in wri�ing,which consem shnll not be unreasonebly wi�hhcid, or unless
<br /> (i1�?.:.
<br /> extenuating circumctnnms exisi which are beyand [iovower i mntrol. Oorrower shall not Acslroy, demage or imQaG the �_
<br /> � _,--_ �����.: Propcny,ellow the Property ro detedorete, or mmmit waste on tho Propeny. Dono�ver ahall bc in dcfaWt if any fodeimre ,.
<br /> � enion or procecding, whc�her dvil ar cdminal, Is begun�ha�In Lcndcr's good faith judgmem muld resuh in fodei:r,x of�he �' �—
<br /> 2� Property ar o�henvise nuterlally Impair the Iien crcaced by�his Security Instrument or Lender's security Interest.6ortqwir may � �-
<br /> ,. .
<br /> + _,� cure such e defeul�end relnsta�e,es rovided in are ra h IB,b causin dte ac�ion or raceedin w be dismiued wit t n c�:'� z n�°—�
<br /> P P S P Y 6 P S 1 � �y�s�„
<br /> Y��i _" Ihal, in Lendcr's good�faith dc�emilnadon, precludce forfcimre of ihc 6orrowcr's inlcrest In Ihc Properly or oth:r m�ierial ��i�, _.�
<br /> Ze - �mpaimxni of ihe lien aeaicJ oy�hi�Se.:uniy Lia4unici�i ur Lci��ci e "a"aii(71f ITilci2il. GiRORii sL'all alsa F.e :c'.:tault Sf 4...;.J' . .. --.
<br /> ;}+ , ;- Oorrower,during lhe loan upplicFRion process,gave n�atedally fatse or inaccum�e information or s�a�emems ro Lender(or feiled �t��rf���i� —
<br /> ^' -'��� m provide Lender�vilM1 eny materi3l informatioN Im m�nadioa���i�h the la�n evidtnttd by�he Nou,i�luding,but not Iimited ':'4 � -.y�;.-
<br />- �-'�'-<':,.�::. . �.���� .
<br /> to, rcpresen�aiions conaming Bortower's omma.y ot the Pro}eny as a}+rinipal rafdenc�:.If Ihis Securi�y Insuumem is on a °- - ,i �
<br /> , - e..: lauehold, Dorroxer sdall eo:�}+;?� with x11 th: p:o�isions of �!�: i:me. If 8orrower acquircs fee �i�Ie lo Ihe Property, �he _ '-n v,�� -�
<br /> IcaseholJ und Ihe:cc tida i�+n':!no:rr.ergc unless Lender agrccaanihr muger in�rri�ing. �,-,--;;_,.�
<br /> 7. Prolectlon of I.a�i7.r`s iSii�hls In thc 1'roperty.If Fta:ro��xr{ail.a�o perfomi�he covenants end egrcemcnts mmained in '.::i�'�if<:__--.
<br /> .- � ihis Sccuri�y Inswm:n,or�herc is a Iegal promeding ihat may signSf�hndy offect Lender's dghis in thc Property(such es a '� � �d-_
<br /> ; , praeccding In bankn:y:q�,prnba�q fm mndemnation ar farfcimre or�u cc`.acc la�rs or rcgula�ions), �hcn Lender may da end ,'., �< <, -
<br /> �i �w pay for wha�ever is ne�iss�ry�o protx� �hc value of ihc Propeny and tx.�lrr's righ�s in the Propetty. Lendti s enions may _-�?t' y }, �
<br /> i� - Include payfng nny suma .ecured by n licn �vhich has prioriiy over �his Sttvri�y Inswmen6 appcaring in conn. paying - ,.?S
<br />- . ' reazonable etromeyi lces and cmrring un thc Propcny�u make repairs.Al�hnugh Lender may iuke action under�his paragreph ? t ie �
<br /> �'' 7, L.sndcr docs nnt harc�o do v�. "''��`'--�s'
<br /> s Y_
<br /> Any amounts AisburscJ b�� Lcr.dcr undir �his par.�graph 7 shall Mconx addilional Jcb! of ihrsuwer sccurcd by this i '
<br /> - , �,� Security InsWnxr.t. Rhlesc Dorcower and L.ndrr,grec�o o�her temu of p:�rnxm, ihcse amnwus�hall bcar interest from�he `> `��
<br /> - da[e of disM1ursrm:m a� ihe \o:r ra�e and +hall be payabk. uill� iwnr.a. �q�m uuGcr Gum I.cr�Jer w Oonun�er reyuz��inF -{ ` '
<br /> a menl. �
<br /> P ) 1,44t� �,.�.:
<br /> S.Tlortgage Incurenee.If Lender requinvi mongage inwran:e as a condition uf making�he Inan securcd by this Szcuriry l;��� >�
<br /> 4+ i�SJ•�t � �
<br /> Instmmem. &�n.�WCr xhall pay Ihe prcmiunn requircJ �a maimain �he mnngage insurance in effec�. If, fm any reasnn, the ,.,,�C�
<br /> ` morlgage insuranct coreroge aquired by LenJer lap�es or ceases!n he in rffrc6 ISorm�rer ahall pa�•the premiun�s required m �)���t t', .
<br /> � nbtain rnrenge sub+�amially equiralem m�he mnngage intiurmar pre�iamly in efleci.at a cau wFaamially eyuivaleN�o Ihe .)1}'�...;�i. .�
<br />- Cos! lo Oormo�cr of Ihc mohgagc imuranm prccinuQy in effnl. Gom an alicrnale m�+nrage inwrcr approced by l.cnder. If - ,`;-,-�� � � _
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<br /> � substaniially Cquiralem mnrtgagc imur.mcc arrcragc is nat arailabic. Il.rro�ccr�hall pay ln l.cnJcr cach month a sum cyual lo ;'nr., ' ;
<br /> - nnc-nvcl(Ih ohhc)rarly mnngagc irouranm prcmium hcing paid M �orroncr��hen Ihc inwrancc mecrogc lapsai ar ccaxd to . . . .
<br /> be in c(fM.LcnJcr will att-cpl,me anJ rclain�hr.c paymenl.a� a lo.. re.cnr in litu nf mongagc inwrance. lan. rcsen�e ` . . ,
<br /> _ . Fo�m 30I8 �J/90 � ����' �
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