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<br /> _ ��� S. Hu�nrd or PeapErty Insurance. Horrawer Rhull keep tho impmvements n'o�w csxisting ur herentter erected on tho
<br /> =` -� Progerty insure�ugainst loss by firo.hozArds indudod wlthin thti term"extender!covcrage°and uny othen c�unrdH,Mciudiag
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<br /> — floods or tic►iuiing.foe which L:nder reqaires insurnnce.This insumttce bhall be m�►intnined in the amounte and for the perluda
<br /> -_-—`=°='==� that i.ender requires. The insumnce currier providing t7►e insururtce sha11 be chasen by Bomawer subject ta Lender's appraval —
<br /> -- ���" � which shull not bc unreaaonabl withheld. If Borrower fails ta mai�tain covem Q descdhcd abave,Lcnder ma at I.endcr•s
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<br /> 'Y�,�� optfon,obutin covetage to peotect Lender s rights In the Propeay tn nccordunce wlth pArngmph 7. �_
<br /> - AII Insuranee pollcies and renewnla shaU be uccapteble to L.ender n�ed shall include a etnndard rnortguge clauae. i.ender
<br /> '1'"�"'�"�:`�'`• •� shall hnve the�ight w hold tha policies and renewuls,If Lender requines.Borrower ahall promptly�ive to Lender all rcceipi�of — _�--- _
<br /> �r9%`�'��''�'` `°^� atd remiums and nenetival notices. In the event of loss.Borrower shaU ive rom t notice to the insue�noe catrier ancl Lender. �
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<br /> ,. - , ., I.ender may make proaf of loss if uot made promptly by Borrawer. _---
<br /> ,.-;'s't: Unless Ixnder and Harroweratherwir,e agrce in wr�ting,insurance proceods shall be applted to restoration or r�epair af the
<br /> ' '�`��� Propsrty damaged.If the restoration or�+epair is eranon�icuUy feasible and I..ender's securlty is not lessened. If the restoration ar .�.__—_
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<br /> - � re�►i�is not economicaity feasible or I.ender's security would ba lessened, the insurance procecds shall be appiied ta the suma
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<br /> ''� '�''':, secured by this S�curity Instrument, whethe� or not then due, with any eacess paid to Borrower. If Barmwer abnndons the -
<br /> :. • -- - - --
<br /> - '°'�t Propeny, or dces not answer within 30 days a notice fmm I.ender that the lnsurnnce carrier has offered to seitle a cisim,then
<br /> . � ' ''�;; L.ender may collect the insurance praceeds. I..ender may use the procxeds ta repair or r+estore the Prop$Ry or to pay sums
<br /> , � . `:.t,;';� secured by this Security Instrument, whether or not then due. The 30-day period wj[l begin when the notice is given. _
<br /> ,. Unless I.ender and Borrawer othenvise agree in writing. any application af pmceads to principal shall not extend or = _ --
<br /> • postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount af the payments. If --=- --
<br /> • under paragraph 21 the Property is acquired by Lender, Borrower's right ta any insurance policies anci proceeds resulting from
<br /> _�:'�'�„ �,;:. clamage to the Praperty prior to the acquisition shal!pass to I.ender to the extent at the sums secured by this Security Instrument - -- --
<br /> "'' " •� immediately prior to the acquisition. --•-�
<br /> 6.Occupancy,Preservation,Maintenance and Protectian of the Property,Borrower's I.aan Applicatioa;I.easehalds. , -_ _
<br /> , Borrower shaU occupy,establish,and use the Property as Borrower's principal residence withln sixty days aRer the execution of �'_��.
<br /> this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after
<br /> "' the date of occupancy, unless L.ender otherwise agrees in writing, which consent shall not be unreasonably withheld,or unless �==—
<br /> � �'1h' extenuatin circumstances exi�t which are be ond Bonower's control. Borrower shall not destro dama e or im a�r the �:f�:
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