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<br /> -- — ` �. N�r,�rd ar�roperiy Iaeut�ace. I3ortower s1�;a11 koop tho improverr�ente aow o��istin�or���ter��e tai on
<br /> �d�'� ' the Pr�g�erty lnnurad��dnet lo�a by firo�ho•r,artix is►ct��ut�d wlttdn ttio tcr�j oxtendesl covcrb e ena ns�y other hazsrdA�
<br /> . --
<br /> - incluclin�ilood�or fi�odln�, dr whlr.d I.eador tcziu£szr�ltuu3s.flae.Thte iaeurance eh�11 be msint�fned tn the smounta
<br /> �nd for the periuda th�t I.on��r cAq,uices.The Insur�r,�o cardor pmvldiag the iaeurence ah�ll be ahoeeu by Barroxer
<br /> eubjnot ta i�entkr'a approv�t�a►�h{ah sht�ll not bo unseur�bly wtthheld.It Sorrower fails ta matntain coverage d�ecs3bed
<br /> above,Lendar may,at I.endeir,'�.optian,obtaia oovetRyp to protxt Lendar's d�hte ln tho Propercy►ia�ccordaace wttb
<br /> pen� h 7.
<br /> �---�t—------ =—� � EGbla to Lead�:r nnd ehRil inalude e etanderd mortgaRe clause. ,
<br /> A1 Ina�eanca polIctee orurl ra�towAlu chutl be ucc..p -
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<br /> Lendee eh�ll hava the ri t ka hald the potiates an�3+ronow�la It I.enderrequ�iree. Bonower ehell promptly�tve ta
<br /> - Lender t�11 roceIptsoi pi�prr�miiante�ad e+enewal noti�ee.In thoovent of 1oae,13orrower shalt give pronnpt aoticc+ta the
<br /> � insurtk�x canieir and Len�lar.I:eadar mey make praoi�o�lp�se i�npt tnade promptly by Barrower.
<br /> Ualaea La�dor aud&tre��v+or attterwiee egree is►v��iting�it�auraaco proceeda sbnil bo applled to restoratioa orrepur
<br /> -- of the Prop6rty damaged,�if�tho restaratlan or tepnir i�ecoa�omipaUy feaelble ead Lender's secisrity ls not leseaned.�f the
<br /> 4�� reatoration or repeir ie nnt,ocana�niaelly feasible or I.eatd�r's aom�rlty would be lea�enod,tha tasuranae proceoda ehnll be
<br /> ---- applied to the sums oeoutud bp thia 3oour�ty Inatrum�t�v�hvthvr or not than due,wlth eay axcess paid w Barrowcr.If -,
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<br /> — BorroWar sbradons the Fnope►rty�or dQea not e�swer v.rtthta 30 daye a aotIce trom Lender thnt tho insuraace c�mter 1ias
<br />.r: oiferod w eattte a clsim�.thes�I.endar mey colloot tla�insuurarzoe pmca�ds. Leader mey use the proceods to npair�r
<br /> reswre the P nr tm pAy aume eeoured by thie Sooudty Instcua►ent�whother or aot thF,n due.The 3Q-dag geriod vrlll
<br />_ beglA when the�ce Ia�ivon. —
<br /> Unless I,endor and�B�arrawm otherwiee agrae iA vrr�ttng,any applicatioa of prov�dq tv+tprinclPnl eha11 aot extend ac
<br /> P�P�ne tha duo daw at tt�e manthlypaymanta reierrod to iA pamgrapha 1 snd.2 rn chai�'ehe amovatt u!tbe payuieat�. _
<br /> If uaderparagraph �'1�t�o Frnparty ie acqolred by Yxa�aivr� Barrower's ri�x 3�as�Y insuraace policies aad procceds -_-_
<br /> e+eauldag irozn dama�o to tite Praperty prtor to thve�qWsltion ahsll psss to Lander to the w�tant oi the sume seatn�ed by --
<br /> this Securtty Iastcurttont�mmedinwly prIor to the eaq�tsitian. __.°=
<br /> 6,Occupsnay+.Fces�arvatian,M�iateaaaoe und�Aroteutfoa of tho Property;Ba�s�vwer's Loan Applieation; ���;
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<br /> I.easeholds.Bormcvau shail aaoupy.estebliah.aad us,o th�Property as Bonower's pdaclpai resIdaave Rithin ejxtY daYe ,,,�:._-.;:
<br /> attar the�xeautioa,of thie 3eourity Inatrumeat and'shall cont{nua to occupy the Property as Borrax�er's prIactpal �,'`
<br /> etieIdeace for at laast ano year after the dato oi ocxupa��tvy�unlass Leader othern�ise agras ia wdtiag,w�tic9�conseat shail ----
<br /> not be uareesoaably withhold.or ualesa extenuntiu8 c;roumst�u�ea ex�st whieh ara bayond Borrower's coatrol.Horcower �_'�
<br /> O �A -
<br /> shsll aot doatmy;,damagr�or impair tka PropertY,alld��r thv FmpertY w detesIorate.or cammit weste oa the Proporty. �*?�_
<br /> Hormwer sh►ll ba in defnult if say forPeit�re action d�pr000eding,whather civil or criminai.is begun that in Leadar a �--_
<br /> good taith jud�mont oould t�csult in forfaiture ot ttu�Ftopertp or otherwIse matedally impair the liea created by this ,,�':-
<br /> ' • Seaurity lnstrsiment or I.endor's socudty inLer�t.florroarer may cure such a default aad teiaetnte.es provided ia "
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<br /> puagrapb le;,by�oaudag the aacion or pr0000dim� tv � �Sst�isssd �.�ith a suliag thst. ta I�er's gcMd faith _�_-
<br /> determinstion..procludas forieituro af the Borrower'�intoro�t in tAe Property ar other material�mpair:aent of tha liea =___
<br /> created by fJtie 3xurlty Inetrument cur L�eader's eocuuity tntorost.Borrowar ehall also be in default if Horrewer.duriag :�_
<br /> the loan agplica�an proass. gave rnatertally falne or insoaurnte informedon or etetemeate w Len�der (or tailed to �-
<br /> provide I,�de�r wtW any matarinl intormation)ia aaamoation with tha loan evidoaced by tha Note,anclmding�but aot ;�
<br /> ltmitod to� a'ePre�atatlons cflnoerning Borrawar'�000upanoy oi the Property es a priacipal tesId�aca.�f this Secudty �tt.'"
<br /> Iassrumeat�t�on a laasohold,Borrower shall comply with all the proviatons oi tha lease.It Borrowar acquires fee title to �-
<br />: tho ProperSy;.tha le�ahold and the fae titleshedl not mta�utttass Lender ag�eas to the inerger ia writiag. �_�:-
<br /> 9
<br /> ?. Pr�toctton of Lendor's Rfishts�a the Pro�pmrty.If Borrowor fails w perPon►1 the coveaaats and ageements ��_=�
<br /> ooataiaat iit th{a 3ociuitq Instrumeat,or there is a l�gal promoeding that may aigatficaatly afiect I.eudar's rIghts ia the '`��
<br /> property (BUVh.as a pracaadtag in bac�CruptcY� Probate'. for condemnatioa or fotteiture or to eniorce lawa or �,::;:
<br />= nguletion�r).thmi Leader maq do aad pay tor v,hnu�r is nece�sary to protecc�he value oi tha Property aad Leadar's ;�:.±
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<br /> dghts in tho Property.Lender's act'soiss may iacludm pnyiag eny sums sxured by a lien whiah has priority over this �.
<br /> ,`�'''r Sccwity Ipmtrumant,aPPearing in co�¢.i�ay�ng ronso�ablv attornays'tees and enterlag on the Property to make repaire. ►.Y.,.
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<br /> Aithoughd.�+der muy take action under thiis pfua�raph 7�I.�nder dces not have to do so. '.,.ti,`.
<br />- An���emouate diebu�l by Lead�r under thi��aaagreph 7 shall become additional dabt of Borenwer secured by this --
<br /> Securitq Ittactrument.Uateas Borroe��er o.nd Leador a$[oo to other terma of pflyment,these amouats ahaU bear iaterest '�;;Ri��:
<br />. .::,. from thocinta of�diabverement at tkao 1Nota rate,ead r�wll be psyable,with intereot.upoa notice irom I.endar w Bormwar
<br /> ' "��": requ�tiag paytnon�
<br />• 8. 11�.artg�go I�nsur�ace.Ii Lender required m�at�age insurance ea a coadition of making tho loaa secwed by tbis
<br /> _ �� SecurIty Ia�ttumoat,Bnnowor ehell pay the premtums required to maiatein tho mortgege insurance ia efiect.If.for nay ,
<br />.- �J�� �;�`Y�, season+ tha mors�o iasutance ooversge requirod by I.euder lapses or ceases to bo Ia effoct,Borrower shall pay the
<br /> ;�ri� - premiumq.roquirod to o�tatn coverage subatantta>Uy eqvlvnlent to the mortgage insureace previously ia oitect.at a cost
<br /> . .`�3;,, substantiolly.equlvalont to the cost to Horrower o{F tAa mortgage insuranx previo�ly ia eifect� irom an altetaste
<br /> ,:�','r�'. mortg,ase �nsun+r apprnvod bq Lender. Ii subewnt�ally equfvalent mortgage insurauca coverage ie not available�
<br /> �,�,.•::
<br /> '� Borrowor siball�pay to I.ender esch rmonth a sum eqaanl to one'twelith of the yearly mortgage insuranoe premium beiag
<br /> � �,,• � t°:.'� psid by Borrosvor wh�n tha inswance coverage lapsed or ceased to ba Ia effeat.Leader will accept�uss and reteia these
<br />. ;�;�1.�., paymeats sa a luES rese�tve ie lieu oi mortga� ir�surance. Loss reserve paymenta may no lo�er be required,
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