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<br /> S. � � p�Ky ��. Borrow�r �full keep the improvpneM� now exiuin� or Ireratter erocied on tha
<br /> Prope�tY inwrod ytia�t lo�by Eiro.fw�inciuded wlthfn tbe tenn 'exte�dad onvor+�e" �u�d any w1�er lwarda. includia�
<br /> iload�or floodit�.fur which[.dnder requlrca ipiwr�ncs.Thl:inwrmoe�hall be m�itMalt�od in tbe�mounts and for thc periods
<br /> that l,et�der requica. The inwnnc�r c�rria providfn�the inwcurx sh�ll be chaeen by Horrower subject to I.a�der'a�pprnvd
<br /> which aFuill na be unr�oiubly wlthheld. If Bormwr.r fdls to maintain rova�eQe dacdbed above. Lender ar�y, �t 1,�a�der'�
<br /> optlon, obutin cavenge to ptexect l.endcr's rights in the Property in sxordatice with p�ragraph 7.
<br /> All insunu�ae paticiea uid rrnewals�hall be�cceptable to Len�ler ud�Iwll include a st�ndard mart�age clwse. Len�ler
<br /> r��,eQ� shall have the right to tald thc policies snd renewalc. If Lender rcquires,Borrower siwll promptly g(ve to Lender d!reoeipts of
<br /> paid premiuma ux!i+enewal notices. In the event of loss.Borrower siWl give prompt notia to the incuranoe carrla and l.�er�der.
<br /> Lendcr may n�lce proaf of loss if not made promptly by Borrower.
<br /> Unles�Lender nnd Botrawer otherwise agroe M writing,insunnce proceeds shall be appiied to ra+Loration or repsir of the
<br /> Property darnwged.if the restoretion or rcpair is oconomically feaslble and Lender's sxurity is not lcsscned.If the restoration or
<br /> rcpair is not oconomirally feasible or Lender's security would be lessenod.the insurance proceeds shall be appliod to the suma
<br /> secured by this Securlty Instrument. whether or not then dae. with any excess paid to Borrower. [f Borrower Abandons the
<br /> Property,or das not answer within 30 d6ys a notice from Lencier thnt the insurance currler has offerod to settle a cl�im. then
<br /> Lender may coUect the insurance procceds. [.ender may use the prceads to rr.pair or rcston the Property or to p�y sums
<br /> secprcd by this Sacurity Instcument,whether or not then due.The 30-day period will begin when the notice is�iven.
<br /> Unless Lender arid Borrower othcrwise agrec in writing, any application of prciceeds to principal shall not extend or
<br /> postpone the due dqte of the monthly payments rcfcrrod to in parAgraphs I and 2 or ctwnge the wnaunt of the paymentc. !f
<br /> under pamgraph 2l the Property is acquired by L.ender,Borrower'i right to�ny insurrutice polieies wnd proceadc resultin�from
<br /> _ damegr w thc Pn�perty priur te�ihe Acquisi�i�in s�ll p�wc to Lender w thc extem af the wm�c r•ecurcd by thi��ocurity irutrument
<br /> ''� immaliatcly prlur w thc u�yuisitian.
<br /> 6. (lccup�cy�1'reu�v�tii►n�MAintenvnce wnd 1'rotectlon u�tbe Prupertyi 1brr+uwer'r I,�wn Applkattont I.aaebddr.
<br /> � 1�►rr��wcr xhuU�KCUpy,c�tuhli.h,a�xi uac�hc Pn��xny a+liorruwcr's pr{ncipul rc+idc�uc wlthin�Ixty J�yr�Rcr thc czecution ot'
<br /> -. Ihie S�tiu�ity In,�trun�e�u��xf�I�all runtinue to ixcupy tl�e Pmperty u�&irruwer's pritx:ipid rcxidencc fi�r�t lerut une yea�r alicr
<br /> ' ihc dutc af�xcup��xy. unle�r I.ciular otherwise ugrec.in writing, whirh run�ent riwll nnt t+e unrc�►wn�bly withhcld. �rc unlc�a
<br /> rxtcnuating circunutwue�. exi,t which urc bcy�nd &�nowcr'� runtrul. Bnrrowcr �hs►11 rxu detitmy. dwnarc ur imprir Ihc
<br /> _,_� Pruperty, alluw thc Propcny ta deteriorutc. or cummit wastc on thc Pmperty. Borruwer shall be in default if any forfeiwrc
<br /> �ction or pr�xcttting, whethcr civil or rriminal, iti hegun thut in I.endcr'.r g�xxl faith Judgment could resutt in forfciturc of the
<br /> Property or ahcrwise nwtcrially impair the licn crca►ted by tBis Scrurity In�trumcnt ar Lendcr's security fntcrest. Borrowor may
<br /> cure such u default and reinsu►te,ar•provided in parugroph IS, by c�uring ttie:�ction or procceding to be dismisse�wlth a ruling
<br /> •� _ th�t, in I.eruicr'c g«�d faith determination. prccludes forfeiture of the Borrowcr's intcrest in the Propeny o� othcr materi�l
<br /> ,t :_f, impuirment af the lien created by this Security Inst�ument or Lcrulcr's sccurity intcrcst. Bnrrower shall also be in default if
<br /> Borrower,during the lorn application prcxess,guve materially fulse or inaccurate info►mation or statements to 1.ender(or failed
<br /> ,4, ' + to provide i.cnder with any material infarmation) in connectian with the loan evidenccd by thc Note,including,but nat limited
<br />-�' to, repre�entations conceming Borrower's occupancy of the Property as a principal residence. If this Security lnstrument is on a
<br /> ""'�' ' leasehold, Bcirrowcr tihall comply with all thc provisions of the Icuse. If Borrower acquires fee titic ro the Property, the
<br /> `-`�''`� ,"::�"�`�' leasehold and the fee tide shall nnt merse unless I.ender agrccs to thc mcrser in writing.
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<br /> '-'•''�,�"•�'�• - .�C°' ` 7. Protectfon of I.ender'x RiRh�c in the Property.If Borrower fuil�to perforn�the covenants and agreements cantained in
<br /> � "`'""'" thls Seeurity Instrument,or there is a Iegal prckeeding that muy tiignificuntly affect I.ender's rights in the Property (such ac a
<br /> ___ ,,.,:�.. , � . ~ ,r pmcceding in bankruptcy, probate. for candemnutic�n or forfciture or to enforce laws or reFulations),then L.ender may do and
<br /> - � ;�,�•.J,,: ', • pay for whatever i�n�:cessary to protect the vuluc��f thc Pro}xrty anJ L,endcr's rights in thc Property. Lcnder's actions may
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<br /> • include paying any sumti xecured by a Iten which hati priority over this Security imtrument, uppearing in coun, paying
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<br /> �� ���+����r•••' ' reasanable attomcys' fecs a�x1 entcring on thc Propeny to nwkc repairs. Although l.endcr ttwy take action unJer this paragrrph
<br /> .''•� � ,' s t 7, Ixndcr dcxs nc�t havc to do sn.
<br /> o ''"" " Any umnunt.disbursed by [.cndcr undcr this parugraph 7 shall becomc additionul dcbt of Bormwer secured by this
<br /> �" . " S�curity Intitrumcnt. Unless Borrowcr and Lender agrce to cahcr tcrms ot'paymcnt, thcsc umounts xhall bcur intcrest from the
<br /> „ dutc of disbunemcnt ut thc Note rute und shall bc payablc, with intcrext, upon noticc from I.encier to Horrower requcsting
<br /> ' payment.
<br /> �»i`'."�� 8. 111urtgugc Insuruncc. lf Lrndcr requireJ mortgagc in�urancc ati•r runJitiun��f making thr loan sccurcd by thi�Scrurity
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<br /> : Instrument. Borrower shall pay thc premium�requircd to maintuin thr mortgagc insurance in rffect. If, fiir any reason, the
<br /> '�`"•",•`�'' mortgagc intiurancc covcragc rcyuircd by LcnJcr lapr�s or rcax+ to bc in cffcrt. Borrowcr tihall pay thr prcmiumti rcyuircd to
<br /> •` ��� obtain cavcrugc suhxtuntially cyuivulcnt tu thc murtgage inwr.mcc prcvioutily in rffcrt, at:►rost�ub�tanti�Uy cquivalcnt to thc
<br /> - , rost to Borrowcr of thc mortgage inwra►xc prcviously in cffrct. frum an ulternatc m�mgagc insurcr upproved by Lender. If
<br /> � � . i substuntially cyuivrlcnt mc�rtga�c intiur�ncc covcr:igr i,nat avuilahlc, Bur�ciwcr xhall pay tu Lcndcr earh month a tium cyual tu
<br /> = `.� onc-twclRh uf thc carl mort�a c insurancr rcmium hcin� .�id h B��rruwcr H•hrn thr in,ur,uue ca�•era�c la +ed ur rcati�d to -
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<br /> � tk in eff'ect. Lender will accept,u�e und ret,t�o�i,«�raymrnt�a. u Ie�.s r�.crvc in lieu uf nx�ngnge in.urance. L�». rescrve
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<br /> - . Form 30T8 9190
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