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. ., :. ,.,, . . . . , . <br /> .. . . - <br /> � <br /> . - . �. ,,_.�. ..� _. __.., . _ �, rr. .. <br /> _ _ , . <br /> , . , <br /> �,, . ..... .. .. .. - 1 .. <br /> , . ;. ,.n.:�._ • ,_ <br /> , .. ��..�., �. ,-, <br /> �.,, � . -- _. <br /> ..r' -',--'"� — <br /> _ . _. _ _ __ � - <br /> -- -- <br /> - - - - -- <br /> - -- - --__, <br /> _ _ _ __ , � <br /> � ��''1Q:���� � �y . <br /> S. �l�yard a�r PraEx�rty Ins�epnacc. �oer��wer sh�ll kcep thc 3mprovements no►v exfstinII or heret��fter crected on the <br /> Prnperty ir�anrcci nsnlnst lass by Arc, hazn�ds included wlthln thc term'oxtendcd covernge"nnd nny other hazards, including <br /> floals or flaading. fur which L.cnder nqulres lnsueAnce.Thla Insurunce ahall be mttintained M tha amount�and for the perials <br /> ihaA L.ender rcc�uite�.The insurancc rurrter providing thc insuranca shuli 5e chossn b��Borrowcr subJect to i.cnder'a upproval <br /> whlch shall nat be unccasonably withtield. If Borrawer fnits to mainwin cavsrnge described above. Lender may, at l.ender's <br /> aption,obtain coverage to pratect Lendcr's right�in the P�aperty in accurdence with paragraph 7. <br /> _-- -T- ,--, /�41 i�ibur:utice �tolicic;t,ud r�atcwats;�hail bs acceptable to Lender nnd shalt iitclude a st�tndneid martge�e daase. Lender <br /> �lesil have thc right to hald the policies und renewuls.If Lender requi�+es,8orrower shall promptiy give to Lender ul{recclpta af <br /> pu�d pmmiums und re.newAl notl�es. In tho event of lnss.Bonrower shall give prompt notice to the insurnnce curcter and I.ender. <br /> Lender may muke proof of loss i�not made promptly by Borrower. <br /> Ualess Lendor and Borrower othcrwiso stgrce in writing,insurnnce praceeds shall be applied to restoration or repair af the <br /> Property daznaged.jf the restumtion or repuir is ecanomicully feasibla end Lender's sacurity Is not lessened. If the restoration ar <br /> �----_--�- rcpair is not ccanomicalfy feaslble ar Lender's securiry would be lessened. the imurance proceeds shall be applied to the sums _ <br /> secwed by this Seaurity Instrument. whether or not then dua, with any �xcess ps�id to Borrowcr. If Borrower abandons tlto <br /> Property. or docs not snswer within 30 days n notice from i.ender that tho 3nsurance carrier has offered ro settte a claim, then <br /> Y..ecxi�r may collect the insuranco proceeds. lxnder may us�the proceeds to repair or restore the Property ar to pay sums <br /> secured by thi�Security Instru�ent, whether or not then due.Tl�e 30-dny period wlll besin when the notice is�ivon. <br /> Unless Lend�r and BonAwer otherwise agree in writing. any application of pmceEds ta principal shall not eatend ar <br /> --- � <br /> post�wne the du�date of tha manthly payments referred to in para�raphs 1 and 2 or chaage the amount of the payments. If <br /> under paregraph 21 the Property is acquired by I,ender,Borrower's dght to any insurance policies and proc.�eeds resulting tom = <br /> damuge to the Property pdor to the acquisitIan shall pass to l.endar to the extent of the sams secured by this Security Instrument _-- <br /> immedjacely prior to the acquisition. <br />