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<br /> .�_,a. ' � �.BasN+l or lrnp�i;r IMnr�■o�. Bo�roMw�II Iwp t6�improv�aoM�airtinj or b�ltn�nobd an t6�Prop�Ay
<br /> -_—= idund yafo�t!wr by Ar��Irraid� ioeiwMd�fa tb�t�a '��t�nd�d oov�n►p' ad wy ath�r IwPa�d�. fecwdioi flood�ar
<br /> fiooaiq��t�Mldo�I..oa.r nqu�..low.no..71a.tn.w.na..6�u b.m.ieaiaia ia t6.�maw..na for 1h.pwtod�W.e�..nau
<br /> trquirM.Tlr i�wr�oo�arrirr provldioe IM iaa�ncr�6�U M o6oun by�onoMK wbj�d to Iwnda'��pp�avd auk+b�h�U not
<br /> _ b uorwae�bly �riti�MW. It Borrow� t�lL w m�iahio oov�� dMCritwd �bov�. lwod�r m�y. �t L«dw'� aptioa� abt�iu
<br /> -_ •,�.,� �v�ra�e W prot�ct lw�d�r'�d�1W in tlw Prop�Ry io acco�dwce wUh p�rasnph 7.
<br /> ,•,� All io�uraoca�poilalM�od naw�4�h�U b��cc�p�bM W Iwod�r�od t6�U iaohida R�taod�td mmtpje clw�e.l�rd�r�h�l1
<br /> �---- . - -- � I+ave ths ei�6t b boW tIN poUaf��nd nm�ab. If IwoJ�r nqui�w� Borrow�r�II P��Y tiw to Lad�r dl ceaipt�of pld
<br /> . pnmi�utr�ad n�Md aotic«�.la�6s w�ot ot la�.Bore+oMK�all�ir�prompt notie�w tb�inwawc���nd l�oder.L�a�da
<br /> �R � �qy m�proof oP Iwr U oat m�d�proa�ptly by Borroaer.
<br /> -.� Ual�l�adrr�od Borrowor otiwnvlw y��(a wrWnj�inwnac�proceed� �6�I1 be applied to ratontloa or repair of tbe
<br /> � ' P�npsRy dau�ied.K t6s n�wntion o�npelr i��oonomie�lly f«uibl�wd I.a�dsr'�Meurity i�aot la�eoed. If We rawntiou or
<br /> �_r:�� ,d��c ,+ npdr�not�coao�oiaUy fwibk or Lead�r'��ecurity would ba la�eosd�t6e ioruruice proceed��6a11 bs�ppliad to tbs wm� —
<br /> _ ��~'� '`•=-- Ncured by thi� 3�aurky Imqumeat. w6�tb�r or aot tlNa dus. aith �ny sxeas p�id to Borrow�r. If Borro�er�6�odo�u tbe
<br /> °��,.�r�.�:a.�s;�,s...r�7 Propmry�or doe�not waer wlt6in 30 d+�y� �aotics frotn Leodsr tlu�t t!a i�wr�oce carrier!w offerod w Mttle a cWm,tUea _ �
<br /> � �� l.aoder m�y eollect the inwnwce procasd�.Leoder aa�y we tbs proceed�w rop�ir or roewre tbe Property or to pay�wm ax.ured
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<br /> --—�a'�'�a`" by tLi�Seadry indauamt.wbether ot not thea due.The 30-0�y psriod wUl bsQln wben Ibs uoNce i��iven.
<br /> =-"c=`:'�����`••� Uda�L,aider�nd Bonower atherwi�e�ros ia writiai.�Y aPPUc�tion of procead�w prioclp�l dNll aot extead or patpota
<br /> uWi� „ � tLs dus d�te oP t6s maMhly payaiaus roferred to in p�rR�npht 1�ad 2 or clun�e Ila�mount oP the p�ymeota.If under p�n�aph —
<br /> .�r:K, '"` � 21 tbe Property i��cquiied by I,ender. Bomower'� ri�ht to u►y iasurance policia wd procaed� raultin�from dw�Qe w tl�e
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<br /> r-- ., Proporty prior W tl►e aaptiikioa duU pau W lader to tbe e:taot of ths�utw waurod by IhU 3�curhy launia�eat immedi�tdy --
<br /> {� '' '• x��a<:t� �w t6e acquLitbn. —
<br /> �''. . . .. �k:;"�;•� 6.Oceup�ocy�PraervMbn,Mvntea�uce ond Pr+otedlon o/16e Propertyt Borrower's I.oiw Applicatloni L�ace4old9.
<br /> ; � � .e~':::,�:•,. Borrower�fMU occupy,e�t�bWh.�nd use tbe Praperty o Borrower'�pdacip�!raidence wUi�in�txty day��fter the executioa of
<br /> .: ,��",' •". thi�Seaulty la�humsat and�b�ll cont8wa w occupy da Pnoperly iu Borrower'�principal raidcace for i►t leat aae year�fler the _
<br /> � ., • date oP oceupaotsy, unlas Leader at6erwLs �roa ia wtitin�, which coaseot �hall oot be unrauon�bly wkh6eW. or unla�
<br /> �� �•�• � "� esteau�tin�cirr.um�ce�e�t which ue beyad Borrower'�control.Borrowe�dWl aat da�oy.d�oo�ge or impRir the Property,
<br /> ` -• ,,�:b �Uow the Property w deteriornte� or comiait wiute oa the PropeAy. Borrower dull be in defwk if �ny forfeiture �ction or
<br /> ' . •x proceedio�.whet6er civil or crLain�l.is bs�ua tlut in lender•��ood fiith jud�neat cuuW ro�ult in forfeiwro of t6e Property or
<br /> :.,�.;�x.i:• othsrwise m�teri�Uy impair tbe Ilea croated by thi�Secu�ity Inu�or Leoder'�wcurity interat.Borrower uuy curo ach a
<br /> �. .:-�,, �.:�. , defwh�od reia�t�t�, u provldad in pn�aph 18,by cw�ia�tlws+►etion or proceedia�w be di�mined wltb s rulinQ that� in
<br /> _- �kse.��.�-_,��.'�s•_i�,'•.__ L�n�lrr'e Pood fi�_t!h dNe�rmin�tion, prooludM forfeiw�e of ths Borrower•�intero�t in t!a Property or Wla�m�te�!impairroeot of `_
<br /> k�'`^'�-''•':,.'"• the lien cro�ted by thLi Security Inrtmment or Leoder•i iecurky i�uorort.Borrowor�hali abo be in defiwlt if Borrower.durin�the
<br /> ' ' kvui�pppc�tfon proceo�g�ve m�teri�Uy Yd�e or iro�ccunue iaforau�tioa or wtemenb w L.ender(or fWed to provWe I.ender with
<br /> .. ' �,•,;; �ny m�terW inform�tioo) in comection aith the Iwn evldenced by the Note. includtag� Iwt not limited w. reprosenolatioiu
<br /> .. ..,;:;-�;1;.'. .. •: concemin�Borrower'�occupiu�cy of tLe Property u a principal raidence.If tbi�3xurity 6utnuaent i�oa a IauehoW,Borrower e�:u,._.
<br /> '.:' :, `i;:s;;�,�`.:� . �}ull comp�y witb�II the provbiona of the le�ue. If Borrower�cquira fee title to the Property,tbe leiuehold�nd t�s fi�titie�haU
<br /> . �r:°t :�r , not a►ergo ualeei Lender agree�to the merQe�ia wdtin�. --
<br /> ,�t'�!st�t�ft�.�t. •�� 7.Protedion oi Lepder's RI�ia t6e Prope�ty. If Borrower fiib w perform the covenant��nd a�reemaw coatained in �-�..•
<br /> '�'' ' tl�ii Security Lutnuneat, or ehere i� a legd proceedin�tiud nuy�ignific�Mly affect Lender's ri�hb in tl�e Property (�uc6 a R =--
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<br /> - • ' proceedia�in bankruptay� prob�te,for condemtWioa or forfeiture or to enforce I�w�or rogulstiom).t6en Lender uuy do wd p�y
<br /> ; • , . .,� for whatevm ir neceauiry W protect the vdue of 1he Proporty and Lender't righb in tlie Property. Lender'��ctioru may iaclude
<br /> � ,.. . ; pRyiaQ �ny nutu �ecured by a lien which luu pdority over thi� Sxurity Imtrument, appa�ring in court. PaYing rauoo�ble ___
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<br /> ,'� , .. -.,;," . �ttorney�' faa �ad enbrinj oo the Property to make repain. Akiwu�h Leader nuy Wce�ction urder thi� Pua�nph 7� Lender =
<br />,. � , doa not h�ve ta do so. �¢�
<br /> " *-'": . . ",. I Aqy�mounts db6uaed by Leacier under thi�p�ragnpl�7�h�ll become�dditiond debt of Borrower ixured by this Security
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<br />, �;.,�'i;�3,:�'";;:;.�'s,� . inrerument. Udeu Borrower�wd Lender Rgae w otfwr terrtu of paymeat. thae atwunb �hall be�r idere�t from tMe�We oP [ .
<br /> . . . di�bunanent at We Note rnte�nd�tull be pay�ble,wfth interat,upon notke from I.ender w Borrower requaotinB p�yment. —
<br /> � � . ' s � &MorfQa�e iosurattce. If Lender required mo�tg�Qe insunu►ce�s R condition of m�kin�the loiut�xured by tbi�Securicy
<br /> s• � • � In�tnuaa►t, Bonower�hall py tha proailutat requiral to nuint�in the moAgage i�uunmce in aflbct. If. for �ny rouon, the
<br /> `���. � � . . mo�t�e irwnmce covera�e required by Lender I�pra or ceue�to be in effxt, Bomower dull pay the promiwiu roquired to -_
<br /> �""�' �. ,. • abhin cover�ge abst�MWly equivdeat w the moRaage i�uunu�ce previowly in efTect, at a cou �uMt�ntWly equivdaat to the m.
<br /> ' � ••�:.� , cwt w Borrower of tbe mort�a�e inrur�noe proviowly in effect, from �n dtern�te mo�tgwge ituuror approved by lander. If _ _
<br /> ����, ... , .. �ub�poti�Uy equlv�lent mort���e inrunu�ce cover�pe i�irot�vafl�ble. Bonower�Fudl p�y to Lender each month+��um eqwd to
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<br /> _ ti, on♦twelRh of the yavly nwR��e iwur�nce pramium being p�id by Borrowe�wfien tha i�uurance coveoge I�pted cr caued to __
<br /> "-' ' �• b� ia�ffeot. LAOd�r aW �coept� we aod roWn Ihese paymeat� a a la� raerve ia lieu of moKa��e ineunuce. La� rowrve N'..
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