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<br /> ' � ; S. Hazsrd or Proporty In�unace. Borrower stull keep the tmprovemonta nc�w ex�tin�nr�iare� ter ereatod an„
<br /> -_ -- -- —� the Propa�ty insurod agairut lon by tiro,tuzard�included within the term"extatided wverage" uid any other ha�ae�3R; �-_-
<br /> ° ' -�•°�`• includin�tloode or tloodin�,for which Lender royuireo it�sunncn.'Chie tnauranco ehall be m�in4ined in tho�mciunS�•
<br /> �� � 13 md for the periods that L.cnder requira. The insunnce c�rrier provtdin�the insuranoa shall bn chaee� by Hurn�w�
<br /> � ;��.,�•.�y„+t�� aub j e ct to L.ender s s p p r oval which shsll nat be unraeonabl y withheld.If Bo rrower h i le to m�i n u i n w v e n Q e d e r�:�i b a d
<br /> �.� �bave. La►dee may,at L.ender'e option,obtai�coveca�e to prowet L.ender'�ri�hta in the Property in�ccor<lanr�with
<br /> para�rsph 7.
<br /> ",��' �'�'{'�""� All tnaurance poltcies and rene�ala shail be scceptable to Lender and stull lnclude a etand�rd man�aQe cl�tra.
<br /> �y''L�,���V ' ' Lcsudnr sti�ii have the right to hold xM policlae end rmewatA, It l.tndtr uit�tw, $orrowcr nimit m tl iv� to e==-
<br /> a.._. . ,. �4 P►� P Y �.
<br /> _ • '�� � "` `` "'"'° LE.�dE:stl e�iata of poid prerniums and renewal noticas,In the ovent of loos, &,rrower slwil�ive p�o,apt notice to th� - -
<br /> !� . � " `. �.`� insunnce carrier md Lender.I.ender m�y make proof of lae�if not msde promptly by Borrawer.
<br /> _�` � •• Unleas Lender md Borrower otherNiee a�ree in wcitinQ,insurance procoeda ahall be applied to restoratian or rep�ir
<br /> � '�� � •. " oi the Property damaQed,iI the roswration or rep�it ia econom ical ly teasible and Lender e security is not lcsecned.If thn
<br /> _ rcstoration or repair is not econamic�lly feasible or Lender's security would be lessenod,tho insurance pcocceds sh�.11 be
<br /> —�Y�� _ �. appliod to the sums secured by thia Socucity Instrument,ahether or not then due.with any oxcese paid to Borrowc�.It
<br /> -_�,,, ,,,�r,....., . Borrowa abrndons the Propeny,or das not anawer within 30 dnya�t notice from Lender that the insurance catrier hs.g °"��
<br /> � � �^:: otiered to settle a claim, then Lender may collxt tho insurance procads,L.ender m�y use the procads to repair ar
<br />,��.';�� restore the Property or to pay sume secuted by thie Security Inatrument,whether or not than due.1'he 30-dsy period well:,
<br /> ' be�in when th�notice is given.
<br /> - . Unless L�:nder end Borrower otherwise a�ree in writin�,any application oi proceads to principel shatl not extend or c""°`
<br /> „ postpona the due dau of the monthly p�yments roferred to in para�caphs 1 and 2 or chun�e tha amount of the paymants.
<br /> it under paragraph 21 thn Property is�cquired by L,ender, Borrower's riEht to any inauranca policies and procerds s:"�";
<br /> � resultinE irom dameEe to the Property prior to the scquisition siwil pass to Lendor to tho oxtent ot the aums secursd by �
<br /> thisSocurity Instrumentimmodiately pnor to the acquiaition. a-__
<br /> 6. Occupsncy,Preservation,M+�intenance aad Protectioa af the Property; Borrower's Laan AppHcation; �._-��
<br /> Leasaholds.Harrower shall occupy,establish,a�d use the Property es Borrower's principal r�idence within sixty da��s 1r'=7 t:
<br /> �fter the execution of this Security Instrument and sh�ll continue to occupy tha Proparty as Borrower's principal pu°�""
<br /> residence for at least one year afus tha date of occupancy,unless Lender otherwisa agrees in writing,which consent ehs►ll �i,.��_:;
<br /> not be unreasonably withheld,or unless extenuatin�circumstences exist which are beyond Borrower's control.Borrower -_-
<br /> . shall not destroy,damag�or impair the Property,allow the Property to deteeiorate,or commit waste on the Property. ��'�•�'
<br /> Borrower shall be in default it any forteiture action or procceding, whether civi(or ariminal,is beRun tt►at in I.andar's �y,�=
<br /> good faith judgment could reault in forteitura of the Propecty or atherwise materially impair the lien created by thia c��__-
<br /> Security Inatrument or Lender's security intenst. Botrower may cure such a default and reinstate,as provided in �''�
<br /> paraPraph 18, by causing the action or prceeeding to be dismissed with a ruling that, in I.ender's goad isith =�--
<br /> - .- _.._._-_. -- . �rprrr;in�tion,�lwjrs forteiture of tht BQrror�ar's inter�i in tha Pragesty ar othcr matcria! impair�eat af tha{ie�-� �"�
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<br /> „' created by this Security Instrument or Lcnd�r's sacurity interest.Borrower shall also ba in default if Borrower,during �-
<br /> � the loan application procrss, gave materially false or inaccurate information or statcments to Lender (or failed t�
<br /> � ' provide Lender with any material iniormation)in connection aith the loan evidenced by the Note, including,but nat �,r?t!:'�
<br /> . ''� limitad to, representations concerning Borrower's occupancy of the Property as a principal residrnce.If this Security y
<br /> Instrument is on a leasehold,Borrower shall comply with all the provisiona of the leasa.If Bonower acquires fe�titld to �T�i`•�`''
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