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<br /> � S. Ha�rd or trowrty Iwuraecs. Borrower �il leep the improvwnenta now aziuln� or btrp�lter er�ected on the
<br /> Prapecty insured�alnu Ioc�by tirc. hara�tis incladod withfa the tenn 'exteeded oove�e"�nd �u►y otha huard�. In�ludln�
<br /> n�a,�a n��,for which Lu�der roquiro� inuranoe. TFd� inwr�x�iudl be mrlMYined in th�n rnountr�nd for the perfods
<br /> Ihat I.ender raquirei. The 1n�ur�nce curier pmvidiry thr ln�urrnce ih�ll be clw�en by Borrower wbject to Lender's�pprov�l
<br /> which stull na be unmawnably wittiheld. 1f Borrowe�f�ils to m�intain caver�ye da�cdbod abova,Lender m�y. q Lenda•s
<br /> � aption. �btain onvera�e to protect Lender'�dphu in the Praperty in�coardarice wilh p�r�mph 7.
<br /> Ali insunu�ce policip ud rcnewda stWl be aroeptable to L�erwler�nd shall irn.lude a uand�nl rtwnQa�c cliuu. l.erder
<br /> - clt:�ll fuvc liw:ri�8t tu Ita1J dtie policiea�uid r�iew�l�.If I.ri�r royuirera,BorruwCr aiwlf pruroptly �ive tu Ixtxkr aU raeipu�f
<br /> prid premium�and rer�ewal notices.In the event of loss,Borrower shall�ive prony�t notlee w tlie inwanoe c�srriec rnd Lerder.
<br /> ixnder rruy mdce proof of las�if rwt made promptly by Hortowcr.
<br /> Unlac Lender and 8on+nwer olherwi�e�groe in writin�, inuuranoc proc�ods shall be rFplied to ratontion or t�ep�ir of the
<br /> Property darn�ed,if the rator�tion or r+ep�ir Is economically fea�ible and Lender'��recurity is not lasenod.If the rastorula►or
<br /> — rcpair is not oco�wmically fexsible ar Lender's aecurity would be les�er�ed.the insurnnce proc�oeds slwll be applied w the sums
<br /> �- secured by thic Socurity Instrument, wheti�er or not then due. with Any excxss priJ tn Borrnwer. If Sorrower abar�dons the
<br /> Property,or daes not Answcr within 30 dAys a natia from Lender that the insurAnce cr�rricr hac offerod to rettle a clnim. then
<br /> _____ l.ender miy collect the insucance prnceods. L.ender may use the p�oceods to rc�air or rcstore the Properiy or to pty sutr�s
<br /> iocured by this Secur�ry Instnrment,whether ar not then due.Tho 30-day period wlll begin when the nottce ic given.
<br /> ------ Unless Lender and Borrowcr otherwise agrce in wriNng, any Ypplicetion of proceals to pdncipal ahall not extend ar
<br /> �� postponc the due date of the monthly payments ncfemed ta in paragrnphs 1 and 2 or ch,mgc the unount of the payments. If
<br /> under paragraph 21 the Property is acquired by Lender,Borrowcr'c rlght to any insur�ncc policies and prnceeds rcwltinY from —
<br /> -�'ES,;����;-•�'��� damage to the Property prfor to the Acquisition slwll pass to Lender tu the extent of the cume seeurad by thic Secur�ty Inctniment
<br /> �..:, ,
<br /> :�?�;y,:�,•:;�a���� immediatelypriortotheacquisition.
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<br /> ` � � .• �� 6.Oocupwncy,I'reservAdon, Matntenapce pnd Protection ot the Propertyj Borrower's I,oan Appliattton;I.easet�olda.
<br /> .ti-. -��;•���•�y Borrower shell occu establish,and use the Pr
<br />_ f .�._:�.. ;,T.;�.,,P_ py, operty as Borrower's principal rcsidencc wfthin sixry days pftGr the exaut�on of
<br /> � • . this Security Instnrme�t and shull continue to occupy the Property at Borrower's p�incipal residence for at least one year after
<br />- ': ' ,;��, . ,,, • � the date of occupancy,unless Lender otherwise ag�as In writing. which consent shall not be unr�easonably wlthlteld. or unless
<br /> `. ' ' ' extenuating circumstances exist which are beyond Borrower's contral. Borrower shall not destroy. damage or impyir the
<br /> � • � • Property,allow the Property to dcteriorate.or mmmit waste on the Property, Borrnwer shall be in default if any forfeiture
<br />_ , action or procoeding. whether civil or criminal,is begun that in Lender's good faith judgmont cauld result in fodeitun of the
<br /> . . . Property or otherwise materially impair the lien created by this Secudty Instrument or L,ender's securiry interest.Borrower may
<br /> • . • cure such a default and reinstate,as provided in paragraph 18, by causing the action or praceeding to be dismissod with a rulit►g
<br /> - --'�'=�=� "�- that. in Lendcr's good faith determination, precludes torteiture of the Horrower's intcrest in the Property or other materiul
<br /> ` impairtnent of the lien created by this Security Insttument or Lender's security interest.Borrower shall �lso be in default if
<br /> Borrawer,during the loan•rpplicatian process, gave materially false or inaccurate infom�ation or statements to Lender(or failed
<br /> to provide Lender with any material information►in comiection with the loun evidenced by the Note,lncluding,but not limited
<br /> „ to, representatians concernins Borrower's occuQancy of the P�operty ae a principal residence. If this Securiry Instrument is on a
<br /> lea�;ehold, Borrower shall comply with all the provisions of the leasc. If Borrawcr acquires fee title to the Property. the
<br /> � Icasehold and the fec title shall not mcrge unless Lcndcr•rgrccs tu the merger in writing.
<br /> 7. Protection ot Lender's RiRhts in the Property.If Borrower fails to perform the covenants and agraments conta�ned in
<br /> this Security Instrument, or there is a legal prcxredinb that may significantly affect Lender's rights in the Property(such as a
<br /> �} prciceoding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or resulutions),then L.ender mn do and
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<br /> °' pay for whatever is necessary to protcct thc value of thc Property and Lendcr's rights in the Property. Lender's actlons may
<br /> I't� include paying any sums xecured by a lien which has priority over this Security Instrunxnt, appearing in caurt. paying
<br /> reasonablc attomeys' fi�es und entering on thc Property ta make repairs. Aithough Lender muy take action under this parAgraph �='
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<br /> 7, Lendcr docs not h:�vc to do so.
<br /> Any amnunts di�bur.x�l by Lendrr under thiti paragraph 7 shail bccame additional debt of Borrower secured by this =
<br /> Securiry Instrumcnt. Unlcss Bonower and Lendcr ugrce to other tcm�ti of paymcnt, these amountr shall bcar interest from the ��
<br /> date of disbursenxnt at thc Note rate and shall be payable, with intcrest, upon notice from [.ender to Bosrower requesting
<br /> payment. - -
<br /> S. AtortgaQe Insurance. If Lender reyuired mortgagr intiur•rncr�s u conJition of muking the loan secured by this Security = _
<br /> lnstrument, Borrower shall pay the premiums rcquireei to maintuin thc mortgagr inxurance in effect. If, for any rcason. the �`
<br /> mortgage intiurance coverage requircd by L.rnJer lapK,or ceasr,ta he in effert. B�irr��wer shall pay die premiums required to
<br /> obtain coverage substantially cyuivulent tc�the ��x�rtgagc insurance prcviuutily in rffcct,at a coxt,ubsrrntially equivalent to the ���
<br /> cotit to Borrower oF thc m��rtg:tgc inwr�nce prcviuusly in effect, fr�im .�n altcrnutc nx�rtgagr in.rurer approved by I.cnder. If
<br /> t substantially cquivalcnt mortgagc in+uranrc c�wrra�;c i, not availahl�, Burruu•cr.hall i•to I.cnd�r cach month a sum cquul to �.
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<br /> nnc-twel fth of thc y�arly murtg•rgr imurun�c premium txing paid hy R��r���wrr w•hrn the in,urancr co��eragc lapxecl or ceased to
<br /> � be in effect. Lender will accept,usc and retain the«p�yment,as a luti. re+crve in licu ul' mortgsge insurance, Losti reserve �,__
<br /> - Form 3028 9190 �
<br /> ' P�ye 3 oe 0
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