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<br /> � S. �os Ftm�ty 1�au�e. Baarrowei s4iil� ke�p t� insprovements noa exissiag ar tcereaR�r ere�`d an tha --_---- -__--
<br />- ---- � �PcaFenY insureA agaiasf tass by�re.fiar�srds ia�ludea vritlain ratt term"extpnded oovesage'�an3 any athes It�zards, intclttdiss� _
<br /> -- ` �taods o1r�Iao�tia�,fos ivfuch Letader�quirr�insarance.T9�is�su�nce shali h�m�in�ainedin t6e amaautts end far the�peitoits �"
<br />-- -_-- -- ---- thrat IxnQer ier�uit+es:The insurance carrier pruviding the insuraace shull be chusen by Borrower subject ta�eade�'s ap�pmval ,
<br /> -- - -_- , which�shalt ant 6e tiarea`sanably withheld. lf Bomovier fails to msintaiii pove�age�essn'6ed above� I.ehdei may.�at Laider>s � -- --
<br /> � -- ` ' . op8ion obtain caverage to prote�Le�ter's righta in.the ProPett3►in a000rdanre a�ritit paragapli 7. . .
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<br /> � Al1 #nsw`ance polic'ses aad renewais sha'!!be aoe�ptable.to Lender and,sl�21t insindz a staada�l mortgage clause• I.eadea
<br />_ �"'�..�''��;=s sfiall fiave t�e rtght to hold the golicies and renewats.tf Lender mquires,Borrower shall prnmptly give to�ender aU receipts of _ _=-_ --_
<br /> i.9/4J'l� 4S -'�`�s,f:- paid premitsu�s and renewat no4ices.iri the event of loss.Borm�ver s1�a11 give pmaipt.motice to thc insar��car�ier ea�Lender. ���,�,�,��„�_:=-_-
<br /> , t'�. �_ Y x � � . _.L�tasy ma�.ptauf of loss if s�made:�rompdy by�rower. . � ,� � . , , ; � — '� __
<br /> ��1 ;`,, : ' ' `� . Unless I.endec and Bormvuer otheiwise agree in.wridng,insurance pnocePds shall 6e apglied to resUoratiun or repair of the ����•..��-�:.:
<br /> .�'��`,�=�;�'.;�`..�� <, .Property damageil,if the r�stoiaaon or repair is eounomic�lly feasibte and Lender's seca�rity is not leaseaed.If th�re�toratian Qr: . ��,.,�.�'��,�`�,�- --
<br />- ���` . �egair is Bot ecarioaical�y feas�te or Lender's secutity Wrould be lessened,tbc insutan�ce pmreeds sba11 be applied ta the s¢� :� s� _--
<br /> '�"�'~ s�citted iry this Security Ins�anent,cvhether or not then due,.with any exresg paid.to Bomower. If Borrac+�,a�dons:� �,�- -
<br /> �+�.�'°�°�- .
<br />= 4,.a�%��s:�c `�`� Ptropertjr.or daes not aaswer:within 30 clay9 a notice from fi.eader that tHc insular�ce carrier has offered to s�,�i;�laim►�..�n:'t;;.�` � ,____------
<br /> °•�°�'`:�,`�;•=;.fi'�;; i,cnder may coIIecx�the insuaattce pmceed.s.Lietzder tnay use Ws procecds to �air or restore tE�e Pr � .:��,,,,�.: - --_--- _
<br /> �r`�. �• E e opertg�'i�t�to pay s;�r�.:<<` _���
<br /> : servred by this See�ccity Iactru►aaent,whet6esor nnt thea due.The 30Hday period will begip when�.�sidce is given. : ; ', _� -_ --�
<br /> �� � * �� Unless Ixnder and�Eozrawer othenvise agree in writing, any ap�lisation of praceeds ta:�icipa! sha�; hot extend or ��"� k __
<br />��-� - e t�e due datc of the manthf a nis refermd to in ara hs t and 2 or ci�ari e the amount o�:� �. nts. If � ,.�„„u�Fr;�"'�!�=-=-
<br /> �«=-;:..�•r a-� P�P� Y P Y� P S�P & ,.��;'i�3'�. _� -
<br />� ��' nader paragraph 21'the Pmgerty is acquired hy L.eadec.Borrower's right to airy insurance policies and prov�:�uNS�in�:,.' . .���� -----
<br /> � � �, damage ta the i?s��e.'ty,prior to the aoquisit'son shal!pass to I.ender tn��he extent of the sums secured by�is S���i�:' `$?�� l _
<br /> ''a�_ ' ' ; immediazely p��z,r�;t��uisidon. , . ; . . � ',' j . � .:�'����
<br /> � ' �y�� , ' �.., 6.Oocup�'�;���on,Maintenanoe ead lMote�ion o4 t�e�i�rro4ver's Laan�p�licat�c�,�;��•` S A .�:�'.�yc��
<br /> ��S ` � ` �- Borrower shall pr,cupy..�a"b',�s.�.and use the Property as�csrrower's pr�ai r�im�e wiSiin sixty'days after.t�ec�c�niti�'t�f'. _ �� _� --
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<br /> � ` - -- .. ._. thisSecurity L�mment aii�stiall rontinne�to occuPY,tfi�:��perty�as Boriower's��ciPa}residence for�at-te�se�sr�Y�r'���. .. - ���' �°~�-�
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<br />� � :,�,° the date of' unless LeMer othea:«�,ise a ;.�.iyri6n which consent shall not be unreasonabl wi�3;eid, oi � ' _».-_=;-�
<br /> o�ancy• 8�s,';" g• Y �3 �
<br /> - . �:�t eatenuadng��;ti,.�amctance�exist which, ��agon��'q�ruwer's control. Borrower shall uot destroy, damage or ifipair'.,� ' ,�'� __—
<br /> . ` '���; Pcop;er�y.at?�t�the Property to deterioras:;:�r'cornm�;��yaste on the Property.Barrower shall 6e in dsfault,��'�=any forFe:n.�re , �:��;
<br /> — �' ,=: �p�or pnoceeding,ahethgr civil or esiniin3l.is be�air'�eat in Eender's good faitb judgment cauId reaolt�:�r�'ziture of�the •• - =�F -.-
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<br />���T F'`� ,�,s ' , P�periy or atherwise materially impair the lien created iiy this Security Insuument or Lender's security in`,e�.�:�`•.i3orrower c�y
<br /> .'�j'. cure such a;�slt and reinstate.as provi�in paragraph IS.by causin$the action or proceeding�to be disi6:�d ivith a n�tic�,� S.:f ';;
<br />���I''f:� .•;; �� '-.. "`�} that, in I.�::��s•.good;faith determinaii�z?�precludes forfeiture of tfse:Borrower's interest in�E�;.Propetty or other�t� ��� �� _�'
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<br /> ,:,f;�yt',�k�;� ; { �a�� impairment o�,r�.lien c�eatai by this Se�=�.rity Instrument or Len$er$security intere,ct. Borzi::�shall atsa 6e in�de�alt i�.
<br /> :'•.;�r�r�'f3r ",�,,�S'4r'• BtttlOWCi,durin the[oan . . !� •;.� `.�
<br /> �!; g a�,,-�.ication prooess,gave materially false or inaccurateec�uc�ation or statements ta�er(or f�l:e:f � ', ~�
<br />- '�����;`•::�;':'�`J'� �s tat»vide Lender with an�,��tial infortnation�in cana�tion with the loan evi�e��d;-by the Note,incldding.:6�_t n�ot 1i,i�i:.�: ",� ,, ,
<br /> �(`r;i�i3,; '•� "��'�i`� W,representations wncem�a�Sbrrowei soctupancy 4f���roperty.:m a principz�"i�'+�ence.If this Security Instniment is���a. ' �;;: .
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<br /> � ' .°°�} leasehold, Borrawer shalt comply with a[I� the provis:i3?:s-of the,3°„�. If Bo�roa/er acquires fee title to the Pmperty, rtn `� °+"�.';;•�`��
<br /> :'. .. leasehold and the fee titie sita4!not merge unless Lender a��to the a�,e"rger in writing. ��{ -
<br /> 7.Protection of Leu�s Rlghts in tbe Paope�ty:IIf�ornower faits to perform the covenants and agreem�`,.�oontained in � �° �,�: ..
<br /> • 'this Security instrument,ec s�a is a legal proceeding 'that may significant{y affect Lender's rights in the Pra�erty(sucb as a � �
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<br /> proceeding in banlcruptcy.�oeeFrate, for condemnation or forfeiture or to enforce laws or regulations). then Lender may do and . ;,r!�:::u �
<br /> �= � � � �� a for whatever is neces �� io rotect the valae of the Pro e ana Lender's ri hts in the Pro I.ender's actions ma - '''"`�'�
<br /> � P Y �'S P P �'tY S PertY• Y , .�.��;:.�-:-
<br /> - __ ' ` inclade paying�y suins.s�ted by a Iien which has priority ave� this Securiry Instrument, appearing in court. paying ' �;�;��1. ': .,;.
<br />� 1��,��`i:;`� ,�,,':;., reasanable attc+.��eys'fees�ca;itering on the Property to make repairs.Although�ender may take aMion under this paragraph ' ' z '�,�'� �
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<br /> � � . � '� � 7.Lender daesnot have w t�3sa. � . 't:r�. ', �.. �,::.�t'. • c:• ',
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<br /> `•?•` � '�.-�;:' Any amounis 4isbursei�1ay ixnder under this paragraph 7 sha!�:ixrnme�;ctiiional debt of Borrower sc�►red by thus , `� -� ,.:•�,;:;.,_. ,.�,.
<br /> �' ' . � '�n'�j . . Security Ynstr�:,a�itt. Unless Borrowet a�t 4xnder agree to other ter�:�ef payment.ibese amuu.rc�,sfiall bear frserest fta��ia.• , : . ' '��:i��•�:...
<br /> - � �t`;,� , date of dism4-i-���ent at the Note rate ar:�: shall be payablc. with i�zi;e'si, upon notice from F.ess�'er to Borrouer req=�sti:r� ' . -r,f,d ;,, :»•_
<br /> �''� . . - payment. ' ' � ,i; :�'
<br /> _ ' �js�;��,;" � �.:" 8.Mortgage lrtsusance,If Lender required mort4�e insurance as a cnndition of making the loan securafi�aG C�is Securiry . , _ __ �•
<br /> _ ;a,'f�f�c',: :.. . Instrument, Bnrrower shall Fay the premiums requiro�.t.� maintain the mortgage insurance in effect. lf, fo�:ur�reacon.the ..
<br />-:���� , • ' mortgage ins�r,�ce coverage required by I.cnder Iapses or ceases to be in effect.Borrower shall pay the premiums requircit s:o :;.•:�,���;` .
<br /> -� - � � obtain wverst�;s�sabstantially equivalent t,*�.�e mortgage insurance pr:saously in effect,at a cost substantialiy equivaIent to rl�:• ; ;:i�,�i3��:
<br /> -'� '� ,:,- ..'' •` `•'� cost to Borrocs�`of the rt�cat„age insur�,ce previously in effect, fr:=an alterr,�.:mortgage insumr approved by Lender: If ,,;. '. . �•' ' . •
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<br /> . '�!�t-tt�;; . . �.. substantialty equivalent mun�r�`:�insurance coverage is not available,Borrower�i,;?T.�,�ay to Lender each monEh a sum equal ta ��`:�;�s, •� , . �' • .
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<br /> ,ti•�� � on�twelfth of the yearly raio:.aage insurance premium being paid by Borrower ai.e�rl:e insurancc caverage la{ssed or ceased to •,��!};4�;.:: • ;'ti,,• •; �
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<br /> .,.� �� `� •� be in effect.Lt�der will accept,use and�tain these payments as a loss reserve in �.zeu of ine.-�age insuranoe. Loss reserve • � '�,::y�;;�,�,;•;�,
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