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<br /> S. f1�rd or Pmperty Insurnnce. eorrawer shall i�ccp �ha impmvementa naw �xisling or hereaQcr eroctod on �ho ,;•,.- ...,,
<br /> '� �;;,; � Propchy insu�ecl aguinct loss by fire, hw�ards includod wilhin the term'�x�ended cuvernge" uncl any other hur�nfe, including �����-,-,�`,�`-;��
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<br /> �'' � `�'` '��� flcxds nr tlacding, fo�which l.cndcr reyuirc.r in�umncc. This insuroncc rhull he mrimuinal in Ihe un�unt�und fi►r Ihe pe�icdw �. ____
<br /> �.'"-';;.�.�:_
<br /> °',:, � �..�k:Y:. �hot l.ender requires. The insuronce cyRier pmviding�he insurnnce�hall tu chnu�n by R�uruwer�ohjut t��luader'�.AppmvAl _
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<br /> �� �:.• which shall not he unreu�u►nably withhcld. If&�nc►wer foil� u� nwintLin rnverage dcKriixd alxwc. l.ciuler nwy, a1 l.endcr's �y�='_'•R�---
<br /> � . ''' optian. obtuin c�vc�agr In protcct L.�ndcr'x�ight+�in Ihc Property in u.rurdunr�whh puruyruph 7. __..�,
<br /> , � All insuruncc pdiciew und Rnewal� +hpll tk skccptahlc a� lxndcr und�hull Inrludr L ��andw�d nr+ngugc cluu►c. l.cmlc� � _
<br /> t,,� , ahall huvc�hc nght tu huW ti►c�x�lici¢.anJ rcn.•wal�. If L.cnJrr reyuirr,.Hum�wcr.hall pr�nn�ly givr�a Lcndcr��II r�ti•eipt++of �=-�--------- _, -__
<br /> � paid prcmium�anJ rcncwu)n�Nicc�.In Ihc event of I��sv. pur�uw���hull�tivc prumpt na�i�c w thc inxuru�mr c�r►kr unJ I.endcr. ----
<br />_ � Lendrr muy mAkc pnx►f af lutiti if n�,t nuKlc pruwptly hy li��rr��wcr. ,-��=�.�,
<br /> ! Unlc�y IAnJcr and&�rrowcr�Hhcrwi�ugnc in writing. in+umnre pr�Kecd��bull txr upplicd�u rr.�oru�ton or rcpuir nf the •:�.;f'r�y--,,,:a.�..�_.
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<br /> , Pmpcny danwgal,if thc re��ora�iun ur repuir i.rr�►n�►mirully feu.ihlr und l.endcr',kcurlty i�n�►�Ic„en��l. If Ihc rcct��rAtian or ,_._-�_,;A�S�;,
<br /> ' . repui�is not ecan��mic+dly featiihlc or L.ender', uxurity would l+c Ics.rrnal,thc inhururu:e pr�x�rJs shull t►c uppli�K1 to thc sum+� ,�,,��;s=�.;,
<br /> securcd by 1hic�S4wurity Instrument, whcthcr�r not �hen due, wiih �ny cxrc�s puid a� Fl�rrowcr. If Il��rrower ahandons the �
<br /> Pmperty. or does not unswer within i0 days u notice from l.endcr�hul lhe insu�unce currier hus offercd to tiettle u cluim, Ihen ''' '�""���'•R'
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<br /> I.c►Kier nmy collect the insurancc proceeds. Iw:nder nwy use the procceds to repAir �►r restnra the Propetiy ur �u {wy sums ...;:�,..�•
<br /> nc�urcd by this Security Instrumcnt,whcihcr or not thcn duc. Thc�o-Juy {►cricxl will f+egin whcn Ihc notirc is given. ,,'"•v�ti:, ..
<br /> i' Unlcss Lender und Borrower athenvise agrcc in writing, any uppliration of paxe��1. to prinripal shall nat extciui or •,.+��-•
<br /> { poxtpcme the due dute of the moa�hly puynknts refene�l �n in purugrAph+ I and 2 or change the umount nf�he payments. If r�'*�y
<br /> � under puragrnph 21 the Prapeny i�acquired by Lender, &►rrawer's right lo an� insurrnce p��licics und pmceeds rexulting f�om �.•:_;'
<br /> � damag�ta the Prupeny prio�to the acyui.ition shall pass to Ls�xkr tu th�: exteot of tik xum.scrurcd by this Serurit�•Instrvmens � - -----
<br /> � immediatcly prior to thr acquixiti�m. � '°-
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<br /> �: 6.Occupanc�•,P�ervation.111yintenaace and Protection of the Properly;Barrow•er's I.onn ApplicaUan;I.e�ceholds. ; , 1 �
<br /> Bormwcr shall orrup�•,establish,and u+c�he Prnp�:rty us Bixrower's principal rc.iJrnre within sixry day.aftcr thc cxecution of � • '►'���
<br /> �� . this S�:curity Ins�rumrnt and shall continuc io�xcupy the Propeny ac &tirrower'c prinripal residcnce fi�r ui leutit one year after a : •�.��,.
<br /> � the dute of accupancy, unl�s,l.cnJcr otherwise ugrees in writing,which cons�m shall nnt t+e unre•rs�inahly withhcld, or unless - -
<br /> � . extenuatiog rircumst�nces ezi+t ��hich nre bcyond &�rrower's contnd. &irrower sha:'. a�;� dertroy, damagc or impuir the � ' `�-
<br /> y,• , " Propem, u�1ow the Property to d�tcri��mte, or commit wutite on the Prupen��. Borr�w�cr .hal! lx: in defuult if any fi�rtciture , _
<br /> �" � action ar�rorceding. whether civil or criminul, is hcgun th�t in l.cndcr'�g.�.�J faith judgmcnt cuuld result in fo�feiwrc uf the I ' �'•
<br /> y � ' PfOPCfIy 07 Ol�ll'f��i�t rrw�crially impair thc licn crraa�d by�his Sccurity I n�irument ar I.cndcr'�sccurity intcrc+t. &►rrowcr may �
<br /> � • . v' d in arr ru h I S,b cuusin Ihe Aclion or nxceding w he dismissed with u ruling � ,, �'�,�:. ,
<br /> cure suc'h a dxfaul�and reinatat�. a. pro �dc p g p y R P
<br /> - � that, i�a Lender-s gaxi iui�h dc�rnuiuutlu��, pr�.iudes i'orfcitur, of thc &�rre�a•cr's ir.teres! in thc Pro�+erty ��r Mher material i � .,.��+ .:',...;.i►�_:
<br /> �. impAirmcnt nf the lien crcated by Ihiti Security Instrument or L.cndcr'� securi�y imcrcst. Horrowcr shall ul.o he in defauh if ; :"�':;,::; ''' �
<br /> Bc�rrower,during the lnan applicuti�m pnxesti, gav�mutcriully falu�ir inar�uratc infonn:�tinn or stutemcnts to L.endcr�.0 failed i �' •'' �
<br /> ' • t�i provide Lender with any muteriul infiirmau�mi in connectiun with Ihe I��an e�•idenced b� thc Nute, including,but not limited �"��:"
<br /> � . ��1�:'
<br /> ta, representations conccming Bunowcr's ikrupanry of thc Pro�xrty u�u prinrip�l residcnce. li this S�rurity Instrumcnt is on a
<br /> � ic:�.xL�7S. B.,rroa:r :;hs;: :r.::;�!� ::•Eth :sl! the �►r���•�„n. „f �he Icuw. If A�+rtnwer acuuirer fee tide to the Property. the %
<br /> Iettcehald and thc fec tille�hall no�rncrgc unl�a�l.etklcr ugrec�lo thc mcrg.r in a•riting. +
<br /> � 7.Protectinn of Lender's Ri�hts in the Pmperty.If&�rmwcr fuil s to��rfomi�hc covenunts und agrccmcmx contuined in ±
<br /> , ' � this Sccu�ity Imtrument,or thcrc i�u Icgal pnxe�JinE that may,ignifir.�ml}• affect l.endcr'�rightti in the Propeny (�urh as a �
<br /> � procccding in bankruptc�, probatc. tix rundcmnatiun or ti�ri'eiturc�►r tu cntnrce luw���r rcgulution�), thcn Lendcr nwy do and . _
<br /> ; pa�• for whatcver is neceswn tn pmtcct thc v�luc id'�hc ProEx:rty unJ l.cnd�r'�right� in thc Pmpcny. l.cnder's uctions may , ��:.
<br /> _ . I includr paying any xums sccurcd hy a licn N•hich hu+ priurity �ivcr this Sccurity In.trunknt, appcaring in caun, payinF ,r '
<br /> ' '�� � rcusonable attorncys' fces und emcring im thc Pro�xny ai mukc repuin. AIth�7ugh Lendrr muy�ukc action under this paragraph
<br /> ��,
<br /> , .3 � ' 7, Lendcr doc�not have tn d��si�. , " .
<br /> � Any unwunts di;hurscd by L.cnder under thi. par,iEraph 7 .hall Mir�r.c additiunal dcbt i�f B.umwer ,ecurcd by thi�
<br /> ''�.�
<br /> ' Sccu�iry Inxtrumcnt. Unks.H��rr��wcr and Lrndrr u�rcr w uihcr icrni. u(pa�ment, thc.r umnunl� +hall Ixar intcrc.t from the
<br /> � Jutc �►f Ji�bursrmcnt a� thc N�»c rat�and xhall Ixt pu��ahlr. w•i�h �mcrr.i. u�xm nuticc from IAnJcr to &�rti�wcr rcyucsting
<br /> f payrrknt.
<br /> " S. MortRaRe I��urance.If LenJcr rcyuircJ murtEa�c in.uranrc a, a condition�d'ntaking thc I��un securcd by this Sccurity •,
<br /> � � � � Imtrumcnt. Bcttrnwcr shall pa�• th�: prcmium� r.yuired �u muinlain ihc mun�agr in>uranc� in cffcct. lf, fiir uny reu+on, the ( ,;.
<br /> m�irtgu�e insurance c�veragc rryuired hy Lxndrr lapk.or rra.e.ta he in clfect,Rorri�«rr xhall p:n �he premiumti reyuired t�
<br /> • � oblain covcragc xubtlantiall�•eyui�•�Icnt 1��thr m��nga�.c in.uranrc prc�i.,wl�� in eff�rt. at u rnst ±uh,lanti•rlly cyui��al�nl to Ihe • . .
<br /> � cost t�i &xrawcr c�f thc nx�ngagc imur;�n.c prc��iau�ly m cffr�l. Irum an:�I�.rnatc mnn�ag: �n.urer approvcJ hy Lcnder. lf
<br /> ' ;; , � �ubstuntialh•c�puivalcn�mungagc imur•rnrc ru�erugc i.n�,t r�•ailahl�.F3.,rro��cr.haU pa� ��,Lcnd�r ca�h munth a+um cyual t��
<br /> � onc-twclRh al't�he y.arly�mortEagc in,urunrc��.�,�����, n��„�r:uJ h� H��rru��cr��h�n�h�imuran.�:r�cragc lupti�Yl�,r cc:�kd a,
<br /> ' j bc in effc�:t. l.cndcr wiU�rrcpt. w�anJ rclain thr�c pu�mrnl.a. a lu" tc.cr�c m li:u �,i murtgagr in.rurunrc. Lu,+ rcur��
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