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<br /> S. Hwrd oir Pr�p�ty I�unace. Borrower �iull Icoep tho imprqvqmpntA npw csirtln� or horwfter erocted on tha
<br /> Propeny Iniurod a�alnat locs by 8rc. h�rd�includod Nithin tho term "extsndad�oavor+8e" ��y �r h�ardt. includln�
<br /> Qaals ar ftaadin�. Por which Lender rrquircs incurwtice.This inwranao shpll ba mpint�it�ad in the wncwnt+�and for Ihs pariab
<br /> thw Lendcr roquircrc�.The in�u�nce corrier providing the irouraiwe shall ba ch�aaa bN &�rrawer cubject to l.ender'e�pprove!
<br /> which �iwll not bo unres�onably wlthheld. If Bonawer fails to maintain rnvo�a�o dac�dbe�t nbove, I.cnder may.�t 1.«idor's
<br /> aption,abtain coveragc ta protcct Lender'�rfehts in thc P�npeny in acoardanae wlth:ppragr�ph 7.
<br /> All insucance palicies and anew�la shall bc accepu�blo to Lendar und shpll�inalud�a atandard mortgAgo clauce. I.enler
<br /> rhall havc the right to hold the policiea ond rencwalr.if Lendor rcquinep,&�rrow�r shplb promptly give to L.cnder all reccipui of
<br /> puid prcmiunu and��enewal nodces. In the event of loss�Barrower shal)�iv�prompi.nntics to the jnsurunce ranier end Lender.
<br /> , Lender mxy nwlce praaf of loss if not made pramply by Borrower.
<br /> ;,';�n Unless l.ender end Borrower othenvise agree in wdting.incumnco pnx�eod�shull�ba appliod to resrorAtion or rc.�mir af iho
<br /> Property danwge�.if the rostontion or repair is econamically feasibl�and lxnda�'s securfty is not I�sened. If the t�swratio:�.�.
<br /> repuir is not economically feasibte or I.ender's security would bo Icsssencxl,thp insuranGC proceeds slwll be applied to the sums
<br /> socurad by this Security l�tn�ment. whether or not then dus, with any ea�ss paid �o Borrower. If Barrow�r abandons �he
<br /> Propeny,or daes nat c+nswer within 30 days u notice from Lendar that.thd insurance currier has offered to settle a claim, then
<br /> i.ender may collxt Ihe insurence proceeds. I.ender rrwy uce tha p�naeale to repair or restore the Proparty or w pay swns
<br /> cecured by this Securi�y ins�rument.whether o�not then dus.Tha 3Q•dap periad wlll begin when the notica ia given.
<br /> Unless [.ender nnd Borrower othenvise agree in wriling, any.application of praceeds to principal shall not extor�d or
<br /> _ �:,;•' postpone the due datc of the monthly pnymenta referred to In parn8rapha 1 and 2 or change the amcwnt of the payments. If
<br /> �:, •^ ' under parng�aph 21 the Property is acqufred by Lender.Harrowar's right to any inaurrnce policles and procxeds resuldng from
<br /> �'�� damage to the Property p�ior to the acquisitton shall pass tu Lendar ta die extent of the sums secured by�his Secur�ty I�attument
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<br /> '`' }�,j� �', immediruety prior to the acquisition.
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<br /> •��;• � 6.Oocupancy,Preservatiaa,MAinte�nce and ProtecUnn�af the Property;Borrower's I.oan Applicatbn;Lea.gehalds.
<br /> •�{rL^:.''��•'�`'�E Borrower sh�ll occupy,establish,and use the Propeny as Bormwor's pdncipal residence within sixty days uRer the execution of
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<br /> `` ��� Y��. " this Security Ins�rument and shell continue lo accupy tho Proporty as&►rrower's principal �+esidence for at least aoe year after ''
<br /> � the dute of occupancy, unless Lender otherwise agrees in wdting, which consent shall nw be unreasanably wi�hheld,ar unless
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<br /> , *� • � extenuating circumstances exist which are beyond Bomower's rnntrol. Borrower sholl not destroy. dumage or impair the
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<br /> Property, allow the Property a deteriorate, or commi� wasta an the Property. Borrower shull be in dcfault iF any forfeiture
<br /> �'�'•" action or proceeding,whe�her civil ar criminal. is begun that�in I.ender's gaod fuith judgment could result in forfeiture of the
<br /> .�''�:,. �:•;;?i. Property or otherwise materially impair the lien crr,alod by thiF Security Instrumant or l.ender's secu�ity intercst. BoROwer may
<br /> . �.. ^ cure such a default and reiastatc,as provided in parngrnph J8,by causing the action or proceoding to be dismissed with a ruling
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<br /> • r •:�:::r�;:����_;��}� Ihat, in Lender's good faith dMCrminution, preclud�s fnrl'niwre of the Borrower's interest in the Property or other material
<br /> .,,� •.� � impairment oi the iien cmateci by this Security insmiment�a� I.ender's securi�y interes�. Horrower shali ufso be in dri'auli ii
<br /> ?' . � ��6�''�.Y'� -,��` �'.' Botrower.durin the loan Ikation rocess, ave malariall fulse or inu��curate information or xtatements to Lender(or failed t{�
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<br /> �j, •.�����':,:�� `,•- �.�f,;. to p�ovide l.ender with uny material inForniutianl in connnction with the Ic�an evidenced by the Note,including.but not limited
<br /> ��� �'•��'�'�' •• . :s to,re n�sentations cancernin Borrower's occu unc of tho Pro rt uv u rinci al reAidence. If this Securft (nstrument is on a
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<br /> ��•:�. : � . ,. , leaschold, Harrower shull comply with All tho pryn�f�ian> af the lea.e. lf Barrower acquires fee tiqe to the PropeRy. the
<br /> • � � ^. '• leasehold und the fee�itle sholl not mcrge unless I.endRr ugrees to�he merger in writing.
<br /> � • .q"�-�; s�"' 7.Protection ot I.ender's Ri�hts in the Prvperly.U'Borruwer fails to perfarm the covenants and agrecments rnntained in
<br /> � 4• �'.'� this Security Instrumcnt, or there is u legul pmreeeiing that may significumly uffect l.ender'x rights in the Propeny(such as a
<br /> i�, , ; �;.: .: ., .�,.�,.,,:, praceeding in bonkruptcy,prabatc, firr condunnuti�m u�inrfeiture or to enforee luws or regulutions), then I.ender may do end
<br /> ;s��,,�:; •�r'•"'�--� . •., • pay for whatever is necessary to protect the valuo�►f tho Pmprrtv And Lendcr's rights in the Property. L.ender's actions may
<br /> ,�";'-��• " � " include puying any sums secured by u lien whfrh hbs priority over this Sewrity Imtrument, appearing in court. paying
<br /> �i�l'�'` `" • reasonable ultorne 5 fees and cnterin on the Pto rt to n�ake re uiR Ahhou h l.ender mu take action under this ara h
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<br /> ��-• .�' �`fti '�'�'-� ' ' 7,I.ender dnes nut have to da so.
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<br /> .�'� t,,�n .;.,.a,�',(�F,�,. a Any umounts disburscld b�� l.cixlrr under tld� pxrograph 7 shall hecomc +�dJi[ionul debt of Borrower secured by this
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<br /> {1�ry;` '�,- ..' • Security Inslruntent. Unless BcKrower uixl L.e�xler:�gr4�:N� ather t�rm.of payment, theK umoums shull heur interest from the
<br /> `'•'�.'.• ' dAte of disbursement at the NMe rute anci �tuiN�be puyablc, with interest. upnn nntice t'rom l.cnder to Borrowcr requesting
<br /> . . �--`==� ° payment.
<br /> '�' • ,. , 8.MortRage Insurpnce. If Lender rcyuSrod nwrtguge in>uranrc u,u conJitiun��f making�hr laan s��ured by this Security
<br /> �'�l ' Instrument. &irrowcr shull pay the prcmium� required lo muinluin the mnrlgugr insur•rnrc in cffitt. 11', for uny rcasan, the
<br /> �'�,��t';�� .. �„ -.� mongage insurance covcrugc rcyuir�d by l.endcr lupse.or rea+e�t��t+e in efl'cct, &xn►wrr�hull pay thc prcmiums required to
<br /> �:�'' '" ;;��• '�i� obt�in��uv�rngc subs�antially eyuivalem to tne r�xmgu�r insurance previou�ly in cl'fect,n� u rus� ,uhtitun�i;�lly eyuivalent to the
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<br /> � ,;}: �. ,,•�:- cost to Borrower of Ihe rtM�gage insura�r�rc previ��wly in cfl'�tit, 1'r��m an•nc�rna�c man�•rge in�urer appmv��d by L.ender. If
<br /> �' �"'�'� n` �f " �� .r•ubstantiull e uivulent mort �e intiururxr covcru•�i.nnt u��ailablr.&�rruw-rr,hnll av�a Lendcr rarh mo��th u sum c ual to :�..�.
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<br /> �,g:' : � ' :;,,,,:,� one-twclRh i�f thc ycarly mongagr inrunmcc premium hcin�,paid My &�rruu•cr when�he imuranrr covcragc I:�p+�ri or reused to '
<br /> � :",. �: ' • bc in effect.Lender will uc.�c t u�r and re�ain the�e u ment�u� u los. rc+erve in licu ��I' mon u e in+uranre. la»s reserve .�u
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<br /> ���n•; Form 3028 81�0 •
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