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<br /> S, HazacY6 or Properiy lawntace. [iorrowcr shnll kcep tho improvements now caisting or herwRer erocted on et�e
<br /> Property lniurod a��inst loss by ftre, hrzards includod witi�in the urm 'extended coverage" and siny other hu�rdi. includin�
<br /> fiaxls ur flooding.for which Lender rrquires insurrnce. This insurance shall bo mrinWned in ihc�ntounls and tix the perlods
<br /> ____ _ that Lendrr raquiret.The inwraria camer providin� ihe incurxnce siudl6e chosen by Rorrower cubJact ta ta�der'x aooiuval _ __
<br /> which ehall tsot be unreasonably withhcid. If Fiorrower fails to mainGtin coverage described abovc, L.ender mny,at lrender's
<br /> option,obtxin coverage to protoct Ler�der's rights in the Property in accordance with paragraph 7.
<br /> All insurunce policier and re�Kwals shall be accepteble to Lender and stwll include a stanclard mortgage clvuse. Lcnder
<br /> ` �-------� shull havc the right tn hold the palicies and rencwals. If Lencier reyuires. &�rrower shull proiupQy give to Ixixier ul{ receipts of
<br /> p:►id prcmiums and renewal notices.In the event of loss,Borrower shall give prompt nodce to the insurance canier u�d Lender.
<br /> ' I..ender may muke prmf of Insc if not made promptly by Bonower.
<br /> Untcss Lcnder and Barrower otherwise agree in writing, insurnnce procceds shall be upplied to restoration ar repair of the
<br /> -� Propehy danwgod.If thc rcstoration or repair ls economicalty feasible and Lender'�recurity is not lessened. If the restarntion or
<br /> repair is not cxcmomically feacible or Lender's security would be Iessened,the i�surance proceeds shall be applied to the sums
<br /> -� _��� -_���� stcured by this Security Instrument, whethcr or nat then due. with any exce�s paid to Burrower. If Burrower absmdons the
<br /> _ � Property, or daes not answer within 30 days a notice from I.endcr that thc insurance currier hac offerod to setdc a claim.then
<br /> — ___= Lender muy callcct the insurunce praceeds. I.ender muy us� the proceeds to repair or restore the Property or ta pay sums
<br /> secured by this Security Instrument,whether or not then due.The 30-day pericxl will begin when the notice i�given.
<br /> Unless Lcnder and Horrowcr othcrwise agrcc in writing, any application of proceeds to principul shall not extetri or
<br /> _ ., postpcmc thc due dote of thc monthly payments referred to in paragraphs 1 and 2 or change the ami�unt of the payments. If
<br /> under puragraph 2I the Property is acquired by L,ender,Borrower's�ight to any insurance policies und prace�ds resulting from
<br /> ��*•�'Ry'' �:��:-s damagc to the Propeny prior to thc acyuisition shall pass ta Ixndor ta the extent of the sums secured by this Security Instrument
<br /> ' ''�'�•° '*��•;,,;� immcdiatcl nor ta the ac u���tion.
<br /> .'�,,�,,)...,.•?y.: YP� 4 ���
<br /> �' ' 6.Occupancy.Pr�ervatlon,Maintenance and Protccttun of the Property;Borrower's Loan Applicallon;I.ea.sehulds.
<br /> �ib!LU-�c�•b M•a�;:�� { rrower s a orcupy, e+a s i, . � . nce within sixt da s after the executian of
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<br /> . � : this Security Instrument and shall continue to occupy the Property as Borrower's principal residence far ut least one year nfter
<br /> . � -� the date of occupuncy, unless Lender atherwise agrees in writittg, which consent shull not be unrcasonably withheld. or unless
<br /> : �� � extenuuting circumstances exist which are bcyond Borcower's control. Borrower shull not destroy, dnmage or impatr the
<br /> , Property, allow thc Property to deteriorate, or ccimmit wuste on the Property. Bnrrower shnll bc in default if any farf'eiture
<br /> � action nr prcxeeding,whether civil or criminal,is hesun that in I.ender's gond faith judgment could result in forfeiture of the
<br /> � ' Property or nthcrwi�c matcrially impuir the lien crcutcd by this Securiry Instrumcnt c�r I.ender's security lnterest. Horrnwcr may
<br /> • cure�uch a defuult und reinxtate,as pmvided in pnragraph IR,by cuusing the actian ur proceeding to be dismissed with a ruling
<br /> thut, in I.encicr's g�xxi fuith determination, prccludeti forfeiture of thc Borrowcr's intcrest in thc Ymperty or ather matenat
<br /> itupairment cit'thc licn created by thiti S�curity Instrument or L.cndcr'. security intcrest. &�rrower shull also be in default if
<br /> B�irrc�wcr.during thc loun applicution prcxe.s,�ave matcriully fulse or inaccuratc inf'orniation or stutements to Lender(ar tailed
<br /> ta pruvide L.endrr with uny material information) in connection with thc loan cvidenred by the Note,including,but not limited
<br /> � tu, representationti coneerning Borrower's<xcupa�icy cif thc Pr��perty us u prinripul resiJenre. (f thix Seeurity Instrument is on a
<br /> Icu+ch�ild. Barri�wcr tihall cumply with ull lhr pro�•�.ion� of thc Ica.c. It' &►rruwcr acyuires fi:c titic w thc Propcny, the
<br /> IcLkholJ unii thc tcctitic.hull nut mcrgr unlc��Lr�xlcragnc�to thr mcrgcr in writing.
<br /> ;� 7.Prot�rtion of l.cuder'�Kl�hts In thc{'ropert�•.11 Fi�,rruwrr luil�tu �rti�rm thr ruvcnuntti u�xi ugrccmcnts containal in
<br /> �•, thi. Scrurity In.trunxnt. nr thcrc i.u I�gal pakccdin�:that m:�y�ignifiranUy:d�tcct Lcndcr'ti right.in thc Prcipeny (wch•rs u __.
<br /> �� pr�krcJin�in hankruptry.pruhatr. tirr r�nxlcmnat iun ur ti�rlriwrr i�r tu rnti+rcr law, or rrgul•rtiimy).then lxtxlcr tnuy do und
<br /> '�� puy tii�whatr��rr i�ikcc+�ury tu prutrrt thc ��:dur ot'tlir ProExny unJ I.cndcr'� right. in the Pruporty. Lc�ndcr'+uction.r muy --
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<br /> inr�udc pa�•in� uny ,urn� ticrured hy a licn whirh ha+ prioriry ocrr thi. Scruriry In�trununt. appcaring in court. paying —
<br /> . rru,unahlr auurnry+'1'cr.and rntrring un tBc Pruperty to makr rcpair.. Althou�h l..rndcr nwy takc actian undcr this p•rrugraph �--_
<br /> 7.l.cndcr d�xr,nut havc tu do w. "`
<br /> Any ant��unts Ji�hurtir� by (Andrr un�lcr thi. parugraph 7 .liall Ixr�mir additi�,n:d dcht uf Borr��wcr ,rcurcd hy thit �___.
<br /> Srrucity Itt+trumrnt. Unlc+� Barruacr:uul LrnJ�r a�rcc t�i othcr trnn���I p:n�nunt. the��amuuntti +hull tx�ar intcrc+t frum thc ��
<br /> � dutc <�f ditihur+cnlenl ut lhc Nul� ratc und tihull tu payrblr. µ•ith intcrc�t, uExm noticc fr�im l.�ndrr to Bormwcr rcyucsting �`:
<br /> paytncnt. ��:
<br /> S. 111ort�u�c Insu�uncc. If Lcnder rryuir�d nwrtgagr inwranrr a.a ronditiun uf making thr loan�ccurcd by thi�Sccurity �_=,
<br /> In,trununt. Rorr��wcr �hall pa� thc prcmium� reyuirrJ t�� maintain thc m�irtgugr in�urancr in cl'tict. If. tirr any rw+on. thr =_-
<br /> mortgu�:c iusur:uirr rnvcragr rcyuirrd hy Lrndcr lap�r.��r rr:�•r. t�,lx i�i cftcrt. H��rr�,�vrr.h:dl pay thc prcmium.rrquircJ tu —
<br /> uhtain cuvrru�c �uhtit:uttiall�• cyui��idcnt t��the m��rt�ug�in.urunre pre�•iiw,lr in rffert.at a c��,t.uh.tuntiall��cyuivalrnt t��th� <_
<br /> �u.t tu Born�e•rr uf thc nu�rlgagr in,urancr prr�•iuu�l� iu rltect. I�rum au altcrnalr nwrtgagc inwrcr uppruvcd hy l.endcr. Tf
<br /> . �uh.tantialh• cyuivalent murtgagr intiuranrc cu�•cr.�gc i.n��t a�:iilahlr. Hurru��.r .hall pa�� to[.rndcr rarh munth u.um cyual tu
<br /> � unr-tµ•c113h ut thc yr.irly mc�rtgagr in.uran�r rr��,�����„n�,�,�r:�id h� Ho►•ruw rr H licn thr in,uranrr ru�•rragc Iap.rJ ur rca.��l t��
<br /> �• hc in ct'I.rt. Lcndrr will u.r�pt, u,e unJ rrt:�in th�.r paymrnt.a. a luti. rc,r�r in lieu nt murtg.�±:r intiuruncc. Ln„ rc.cr��c
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<br /> _ , ' ' „ Form 3028 9I90
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