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<br /> - -L - , i .S.Hssard ac Property tasurssoa 8oreawar ehall keep tf�e impe+ovema►1'6�`�o�r eristia�oc 6aoaita erxte�� .
<br /> t t p.p r o p e t t!i a a�c a d a,�u a a t l o e s b y!'i r a'h t�r d s i n d u d e d�r i t t u a t h e t�e r i n'e:c e n d e d o o�a a�e�aad a a y other t a�s d e,
<br /> _ . includins ttoads a tloodin�,iQr�rhich Lec�er re�qui�+ee ineurance Ttia iasuraooe al�att,ba maint�ined ia ihe azno�unta
<br /> an�for the pexicds th�t I.e a d e r raq u irae.'f f�e inauanve carria provi d i�t L e i n e u r a n c e a h�ll ba chosen b y BoeroMer �
<br /> - ' � aubject ta Lat�dar'a approv�l wivah atu�ll twtl�e unreaeonably�rithheld if Borro�rar fails to maiatai�aova�a�e deecribed
<br /> � above.Lender m�y.at Lender's option.obtia wvera�to protacc Lender's ri�hhts in the Froperty in s000cdanoa with
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<br /> . �it�uinae policies u�d tene�r�ts eh�ll be aooepubte W I�etrder�ad shall inciude s st�ndu�d mortp�o clauee.
<br /> I,ender sb�ll have the ri�At to hotd the policiee and reneMals. 8 I.enderrequiras, Borroxer shill-Pi'o�PaY @ve to
<br /> — - L�es all reoeip�oipu d pra�niuma aad raje�+sl noticse.In tbe eveatof laes.&azo�ver abill�ive prompt notice ta the - - -
<br /> ;ns�rance prrIer uidLaider.I.ender msy maYs pmoi oi loes if not m�de promptiy by Borco�►er. � '
<br /> Unleas I.endec and BorraMer otber�iisa apee in�rritin�.insunnce pmceods st�11 be applied to restoration ar s�epoir
<br /> ot the Propaty dsms�ed.i[the reKtotstion or repair is ecommicaliy ias�'ble uW Lender's axurity is not l�ssened.If the _
<br /> - restoratiaa or rep�it is not evonamically faa�'ble or l�end�er's exiuity�rould be 1e�enal,the iasutanoe pn0000ds shall be --
<br />.- — ap�rtied t,o the sums sxurod by tbis Securitq Instrumm�Whcihes or not tbm due.�rith any ascrs�paid to Borm�rer.lt —
<br />. - Borr�oxar sbNdons tbe .or does not answ►er xithin 30 days a aotice from Lender that the insvrancx carrier his
<br /> otiered to eettte a claim.tl�en msy oollecc th�it�uanae pcnceeda. Irender msy uae theproc�to repair or
<br /> reswre the Ptnp�aty ar to py sums sec�md by tbia Security lnstrument,whctlur or nnt then due.'17►�3�'dsy period xiil _
<br /> ixgi��rhrn the notia is Qivea. . . —_
<br /> Unte�Lend�r and Bottoxer otherwise a�roe in�vritiaY.anp ipplication oi�io priacipel sbail aot eYtend or �`�-,
<br /> postpona th�du�date ot thetnonttily Pa9aients refernd to in ptraQraphs 1 and or chsnge the amuunt af thepayment�. ��-
<br /> if under Pua�aPh 21 the Ptnpertq is aoquired by I.ender.Borrowrer's rigtd to sny insnrance�polieies a.nc� proceads ;_;;�
<br />, s�aaiting imm daratge ta tlie Pmperty prior w the ac�quisitioa siWl p�s w Lendet w the catent of the serms secured by =-
<br /> � this Secunty Iiiswment immediautp prior to the�cquiaiuon. �
<br /> �`»,�",.� 6.Ooaupmcq,Pnsetvation,Mdnttnaaoe md Plrotection of the Ptopetty:Harrowetts Loan Applicstioa:, '' �
<br /> Leaaebolds.BorroNer sl�ll occupy,cst�blisii.aad ase the Pruparty as Baro�er's principn!residence�rithin sixtp daFs. '��.-�:
<br /> ----_-- aftec the e=eeution ni this Secinaty Instn�meat and shall vontinve m oecupy the Prop4rty ss Borro�ds priacipat '�...
<br /> residence fot st teest one yar aiter the date oi oc�cupancy,untess Lender othenviae agrees in�rriting,ahich eonsentsbal! •��'-
<br />:�� not be unreasonably�vithheld.or unless�rtenuatiagcircumstanas eiiat whieb are beyand Bormwa's conu+oL Ror��ar
<br />'�'��' shall not desuoy,d�ma�e or impsir the Pmperty.allow the Pcoperty to deteriordta.or commit waste oni tfie Fropescy.
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<br /> Borroker ahail bc in defaWt if�ay iorieitnre sction or pmceediag,wAether c►vil or criminal.is beguzi tD�ts�}xsx�►'s -�
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<br /> ,'`�-Y. m uriall im "t the lien cr�ted this
<br /> � �ood G�th rvd�ment rould result in forfe�ture o!the Praperty or other�vise a y pa� . bY
<br /> '-l;,'� Security Instr�ment or LendePs sxucity inures� Botrower miy cure such a deisult and [einstat�,a�,�iuvided in
<br /> ,- - ����,:;�;1�"'•' paragriph 1$ by cau�ing the actian or proceeding to 6e d'ismiseod with a ruling ths� in Lende�s good faith °
<br /> ., .��,::�::�:.��._� determ�nition,precJudes iorteiture oi the Borrawer's mterest in the Property or other materi:l impairment of the ta�u ::.��::
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<br /> �r��.�:. created by this Security Instrument or Lender's sxurity inuresc.Borrower shall also be in detault it BorroRer.dc�-ang �p__
<br /> .a�:.;��:;:�. the Iwn application proc�. pve materialiy fatse or �naccurate iniormation or statements to Lenda'.(or failect� -�.
<br /> a � � �'r:::�"' vide Lender with snp mxterisl information)in connection with the toan e�denced by the Note,incliacaing,but not g-1'�-
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<br /> -,; �'�;�'�:`: iimited to,npnsentationsconoenang Borroaer's occ�ipancy of the Proper¢�a�a.principel nsidenca���€�hh'ss Socuret} ,_�T
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<br /> , , ;5s�:�-. ,� ,•:• Instrument is on a leasehold,Horrower shall comply witte all the prnviscons�'�4�ase.If Borrower aa���+es�ee s'sv��tv
<br /> �- °'-- ' the Properts,t&e teasetwld�nd the fee title shall not merge untess Leecdtt agtces t�o the mergef i4s Mriting. �`� � - � ',;
<br /> ''"� �„ _ *- �x . ::�;'r 7.Protection ot Leades'a Rijhts ia the Property.Ii Bot�er fails tb peitorm the covenant,ans�agtee:n�LS �
<br /> *�=:��� : � � �tatined in this Security Instrument.ar there is a legal procading that may significantly atfoct Lender's rigi�ts in the -
<br /> ``�" � ' ' �perty (such as a procading in bankruptey. pro6ate, for candemnatia�s�-or forfeitim or to erdocce laws or ,
<br /> �"'� •� . , . � ' c�ulations),then Lender may do end pay fot ahauver is na�ary to pta'ce�th.°value of tne Propetty and Lender's
<br /> `��:_' `� '���'"`�= -rights in the Property.L,ender's actions msy include psying any sums sxure�bs a ti�s:�fi�ich tias pnoriry over this. ;
<br /> �= -;'>:r ' "'`�•�i�: Security Instrument.appearing in court.POSnng ra�sonable attorney�'feesand e:sxxreng o�.th°�'�operty to rt�aice repairs.
<br /> �'':,�'�"r:::.:.'_":� ::;''t �!thougt�Lender may take ictian under this P�PJ'aPh?,Lendes does not hara to r�o so. .. ,�'
<br /> ���'�`'' `��� �"� Any smounts disburseiC�y Lender under this paragraph 7 sha11 become���xional debt of Bomoaer savred by this -
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<br /> . �`�_: . ,�. � .. �s�sty Instrument.Uat�l�orrower and Lender agree to other terma of pagiaaent.these amounts�11 bear interest .�'`�`;
<br /> �"'�`�'��� "fs¢e:�s the date o#disburse:x�c^�at tiu Note rate and sha11 be payabte.with intetest.upon notice from Le:a3es to Borro�er
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<br /> _r,..� ..�:, re�taestia pa��x�t . . .
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<br /> �•�.�;• .;.?':,�., 8,�oresita Yasusance.If Ler_dkc re�uitod mortgage ins���:e as a condition oi maicing the loan secured by rfi.is .,
<br /> . -�-��= Sev�rity lnstrument,Borrower sha13 psy the premiums requirod to maintain the mortgage insuran�x i�v�'.�oct.It.for any �� �':
<br /> "�.,:'.-=.. •'� �
<br /> , , .f;..� s�on. the mortgage i��ncx coverage ra�uired by Lender lapses or oeases to be in efiect,Borrr•',��c•�shsll pay tlie
<br /> - �.:'�:•'- premiuma requirod w obtain covenge substantisily equivalent to tho mortgage insurance previousSp ur�stfxt,at s cast
<br /> - `;-'-�;' substantiilly oquivslent to the cost to Horrower oi the mortgige insurence previousty �a e�iecs, from sn slternate �
<br /> '�.•--*�'�"� mott �nsurer a ved by Lender. If substantiall urvalent mort ge �nauraace ra��tra is not svailable.
<br /> �:: . : Ya�. PPr� Y M � 8� 8° .
<br /> ' °'`� Borroarer shaU p�y to Lendes each month a sum equal to ona'twelith of the yearly mortgag�insuranee_premium being �
<br /> l'� �'`-'�` .: paid by BorroMer Mhen the insutana coversge lapsad or ceased w be in eifect.Lender will accept.�se�nd retain these K;t�,.;;�
<br /> �� +� , mente as a loss reserve in lieu of mart msurance. Loss rtserve ments ma no lon °r be r uired, . 'Y'�'�
<br /> 's3.,r.• �s. FaY � 8a8g PaY Y t�"- �1 r���'i;
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