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<br /> ___ -__ _ S. Har.ard ur I�r��pc�ty lnyuen�ice. Rnr�i�wer shnll keep the jmprovements now ezistIn� or h'e�rQfCei erec an the
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<br /> - Praperty insured against losy by fire. hururda included within the term "extended coverage” and any osher ha7ards, including
<br /> = ntained in the amounts and for the rtods
<br /> r r uircy inxurnnce. Thie insurance shslt bc mai Pe
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<br /> flaads ur audin f r w)i h �
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<br /> �� -�`" that I.cnder requfrew.The Inturunce currler priwiding the insurnnce shal!be cho�sen by aorrower subject to Lender's approval
<br /> - --- which shull nat be unrcaramtbly withhcid. If sc�rrowcr fails to maintain coverage descdbed abovc, L.ender may. at [.ender'e
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<br /> ' �,�..., opttnn.obtafn caveruge t��protevt l,ender'K riglux in the Praperty i�accordance wlth paragraph 7. --
<br /> ° Alt invurunco policicw utni n;newu{n nhiil) Ge sccepwble ta Lender and �ha1l inciuda a atandard rnortg,uge clause. L.ender -
<br /> � xhall have the right ta hald the pollclew und renewnlK.If I.ender rcquires,Bonower shall promptly give to Leader all receipts of u
<br /> puid premiums and renewul notfcew.In thc event af laxti.8orrower ahall give prompt natice to the insurance canicr and I.ender.
<br /> � ;;L� . ,� I.endcr muy makc praof of icna if not mude prampdy by Barrowcr.
<br /> • ".,i';;'.�.,:�.�: :, Unless i.ender and&�rrnwer othenvis;e agree in wr[tin�.insurance proceeds shall be applied to restoration or repalr of the
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<br /> �a.r.,-. �. . :,: ,�� Property damuged. if the restaruti�n or repuir is econamically feu.gible and I.ender's r+ecurlty ls not lessened.If the restoratian or
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<br /> - •�,�•, �'� �p,`"'� repair i,not cc�nomfcully feawiUlr ur l.ender'ti security would be iessened.the insurance proceeds shal! be a�pHed to e sums -��_-�-�--- -- -
<br /> ��`"���'.'`•`-='•"�`�.'- isecured by this Security InKtrument, whcthcr ar not then due. with any excesF pafd ta Borrower. If Borrower abandons the _
<br /> ' � � , �'` ` Property.or dcxx not un.r•wer within ip day�n notice Pram Lender that the insurance carrier has offered to settie a clairn.then
<br /> •� ' ' ;�' I.cndcr mny collect the insurnncc procecds. L.ender muy use the proceeds to repuir or restore the Property or to pay sums
<br /> ' secured by thi,�Securlty lnstrument,whethr.r nr not then due.The 30-duy periad wiU begin when the notice is�tven. _ -
<br /> {�. ; � Unletir Lender and Bcirmwc�otherwise ugree in wrlting, ur�y application af prace�ds to pdncipal shall not extend or _
<br /> • pnhtpone thc duc datc of thc monthly puy�nentx refcrred to in puragraphs 1 and 2 ar change the amount of the payments. If
<br /> �`. ��� under purugraph 21 the Pmperty is ucyuired by l.ender, &�rrawer's right to any insurunce policles and praceeds resulting fram -- __
<br /> �'`'�" �T� dumuge to the Property prinr m the ucquisiti�m sha�l pa.tis ta L.ender to the extent of tho sums secured by th{s Secudty Instrument _ =-=
<br /> '', immaiiutcly priar to the ucquihiti�m. �:
<br /> ''• 6. Occupancy.Pr�servation.Mulntenance und ProtecUon of the Property;Borro�vcr'e I.aart Appitcation; I.easeholds. �'�:�e=
<br /> ' Bonower shall occupy, extubHsh, und u�e the Property us Horrower'ti principul residence within sixty days after the executIon of ��� r:--
<br /> � this Security Instrumcnt und tihuil eontinuc to accupy thc Property uti Bnrrower's principnl residence for at Ieust onc year attcr �iL'i°�y'�
<br /> • , the dnte of occupuncy. unletis landcr utherwi+c agrces in writing, which consent shull nat be unreasonably withheld,or untess �'�-�?+"_
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<br /> extenuating circumxtnnces exi+t whlch ure heyond Burrower's control. Borrower shall not destroy, dnmage or impair the ���.
<br /> . „ Praperty, ull<�w thc Property to dctcri�+rutr, i�r r�nnmit wuste on thc Praperty. &�nnwer shall be in defnult if any forfelture .
<br /> . uction or proceeding,whethrr rivil iir rriminul, is begun thut in l.cnder'ti gocxl faith judgment could result in forfeiture of the • � �
<br /> Property or c�therwise miderjully impnir thr lien rreuted hy thir Sccurlty Instrument or Lender's security interest.Bonower may � ���---
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<br /> - "� -- cure such u defuult utxi relnstute, u�prov�ded In purugruph Itt,by cuusmg the uction or proceeciing to be dismissui wich u ruling ° •
<br /> � that, in l.ender'x gcxxi tulth detcrminutiun, prcrludc► fiirfciture af thc &�rrou�cr's lntcrest in the Prapeny or othcr matcrial --.
<br /> impairn�em uf the ticn crcuteJ hy this Srcuriry In�trumem a� Ixnder'. ,erurity interest. Bonower shaD also be in default if �<<�-
<br /> ' Borruwer,during thc laun applirudnn pnkc+�,guve nwterially ti�lx ur inurcur+ite informution or statements to Lender(or failed .
<br /> . tc�pmvidc l.cndcr with uny matcriul infurmutiun)in ronncrtiun with thc loun cviJrnced hy thc Notc,includins,but not limitcd -. ' '. —
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<br /> � . tc�,rcpresentatiom conrernine B�irrower'�ncrupunry��f the F'runenv u�u principul rc�idenre. If this Seeurity Instrument is on e �--
<br /> �� Ieuscbc�ld, Borrower sh;�ll �omply with ull thr pruvi�ium of thc Iru+e. It' fi��rruwcr acquircx fee titic to the Property, the � �ai�
<br /> leasehold und thc fec titic�hull nc�t mergc unlc.�[AnJrr ugrec,t��thc tner�:rr in writing. ,
<br /> 7. Protectton of l.ender's Ri�hts in the Pr��pert�•.11'Borruwer li�il.tu prrtiirm the covenants And ugrecments contuineci in ,i::�;-
<br /> this Sccurity Instrumcnt, ar thcrc i�u IcKul praccedinE thm may .i�!nitirnntty uffcrt l.cndcr's rights in thc Property(such sts a ,,, t,��=� _
<br /> procecdjng in bankruptcy,probatu, tiir rondemnatiun ur li�rlciturr��r tu cnli►rrr law.r ur regulatiuns). then Lcndcr may do und .".�!�-�s -
<br /> pay for whatever is nrres,ury tc> prutcct the vulur ot thc Pru�xrry imQ I.rndrr'� rightti in the Pmperty. I.ender's actions may .�=��
<br /> includc pnying uny xum+ ,ccured by u licn whirh hu+ priuriry u�•rr thi. S�rurity In.t�u�uent, uppcuring in cciurt, paying �'%
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<br /> � rcaumuble uttorney�'fces und enterin�un the Ar��peny tu nu►6c repatr.. Althuu�h I.en�cr may wke uction wxicr this parngruph � ' ''_.:...
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<br /> 7, Lendcr doc,not havc ai do xo. - : •
<br /> Any amounts disburtied by l.rndrr under thi� pur:ipruph 7 .h;dl hcrume +�dd�t��mul dcM of Borrowcr sccured by this �a� ���
<br /> Sccurity Instrumcnt. Unle+� Bnrrawer und l.cndcr ugrcr to uthrr term.uf pu�•mcnt, thc+r umounts shull heur imcrest from the
<br /> dutc of dis6urticment at thc Notc rutc und .hull hr puyahlr. ��itli iotrrr.t. u�H�n nuticc tYum Lcnder to Bnrmwer requcsting .' ..
<br /> paymcnt. .
<br /> 8. MartRa�e Insurance.If IAndcr rcquimd mort�ugr inwr:mrr ar;i runditiun ut'making thr luan scrurecl hy thiti Security
<br /> lnstrument. Borrnwcr tihull pay thc premium. rryuircJ tu m;unt;uu thr u�art�a�:r inwr.inrr in rftcct. If, fur any rcution, thc
<br /> murtgage imuruncc a�verugc rcyuircd b� l.endar 1:���«ur rr.i,r+tu he in�Ilcct. liurr�,a•cr.hall pa�•thr premiumti rcc�uired to
<br /> obtuin cavcragc.ubstuntiully cquivalrnt to thr munga�c in,ur.inrr prr�wu.h in rtl�rt.at a ru.t.uh�tantiully equivulcnt to thc
<br /> ant tu Horrc�wcr nf thc mungagc in+urancc pmviuu.ly tn ettcrt. fr�an nn �dt�r�i;Ur mnrtgugr intiurcr appruvcJ By Lcndcr. lf
<br /> subxtuntially eyuivulent nwrtgagc in,urunrc ce��cru�r i. n�n :��;ulahle. liur�����cr.h:�ll pay t�,Lcndrr rarh nwnth u�um r��uul tu
<br /> onc-twclfth��f thc ycarly mcirtgugc in�uranrc prcmium hrin� p;ud I,� fiurn�arr ahrn tl�r�n.ur:incr ra�•cruge IupticJ ar rcased to �
<br /> , Bc in cffc�t, I.endcr will ucccpt. u�c unJ ret:�in thc�r paymrnt.:« :�I��., �e,rr�c�n l�ru ol m�+rt�ngc inxurancc. I.o�s rc+crvc f
<br /> , Form 3028 9I90 i
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