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<br /> -- ___- - . • �S.�or;�og�y Y¢a�r�x.Boiro�rer sh�li,iu�g..the�impmxem�e�iylts nniv�e�f�g��F.�et.a�ier..e.�tte.e��on�t2i�.�� , �<'.
<br /> — ----- ` � `�rape�t}r inStu�agai�t tcFSS hy�irc.hazards itasl�et!wi�.�as tke term°�AICIItU:i1 CDVCI8gP.°atcd azry esther hazards,`i�c;tudin�, ,
<br /> ---- _, �°IIaocts ur"ffa�tiiBg,far.�vhYCh Lens�r re�ims insura�e:7Y�is i��mnee si�lt be tnaintaiaect,in t�e amuu¢�u��foi the peciads.
<br /> - -_________ ', Etsa1�er'�quiros.�T6,as�ur�ttre�utcer p�oviding tlze iQSt�aasa s3r�I��chosen by Barra�ver subjeti to l�dler's agprov� " � -
<br /> ' ` � �uhici�.:slrail not.6e utificasrinabJy withheitJ.I€$ar�onrer f�i3s L�main3ain abverag�e Q�scrib2d aboxe. I,ender ma�,at Leuder's,. -
<br /> - ---- --- ' , opflc�n.obtaia ca'vera�e to pra�txnder's rights in the Pcor�erty in aceor�d'arcc��vit3�paragraph 7• ; `, `, .. . '
<br /> - -------- ------ '°Att lnsmanec poliacs andt rene��aLs shalt 6e a�:oepta6te to I.end�t u�ad sha1l inxtude a staad2rd�mrt8age cla:�se. i.cn8er� . �
<br />- -- - - . ` sbal}.have the right fo Y�old the policies and re�ewals.If I eadcr re�uires,�oraoarer shal!pram�tly give ta.Lender afl c�eceipts of
<br /> - --- - -- Pai�jhemipms aus!rene��ai aa3ices.ln the e�rent of Ioss.:$tsrmiver sl�alt give pramgf aatice fi ttis ins�sr.mce carrier atut Leader. �
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<br /> T �.endgr may make.prQOf of ioss if_not�iade pmmptiy tiy Barroiver: ` � ; ,
<br /> ;� � � Unless Lender.and Soreawer othecs�ise agree ia tiwritina,ia�swance Pro�ds s6a11 be:applied to restorauian,or repair of th� � .
<br /> =-- Progeity damag�if tl�e iestozation or repair is ecanomiralIy feasi'bfe and Iendes's sec�ieity is aat lessent�xl.If the�estoratiau or
<br /> _ . repair is r.�t er�onomicalty fc�sibie or Len�er's security�rauId be 2�ned,t�e insutance gxaceeds shall be applied to Ehe se�ms
<br /> - - serurer�by this Secarity Instnmaent,.whe�thes or not.thea�due.with any exoess paid to 8ormwer. If Eoirower abaadons the
<br /> __ Fropeny„or does not�er ariihin 30'days a natice fram Lendet that t4e insurance carrier has offeie�to setd�a ctaut�ct�en .
<br /> = I.ender maN eoltect tFse inFnranse procoeds. Lender raaY use.the•P�ace�s ta repalr or r�ore the Pmperty or w pay sams .
<br /> � se�ed isy this Securityr�nctmmPeet..�_stethet or not thets due':The 3U-day period wilt be�n rr3zen the notice is given. .
<br /> ; Un!PSS I.�dcr arid fdoribN�:r��rwise agree in writinS.�Y aPA�casion of proceeds to principa�shail not eaEead or --
<br /> _- _ `I�ostpaae tfv�der�e date af the moi�,�l�;;s�aYments referced to in p�agraphs 1 a�d 2,ar chaage the am�unt of th�gaynaents. If
<br />- — ..; .uader paragraph 2•I the Fioperty,i�; .�;uired by I.ender.Borri�wer's right to a��suraase policies aad praeeeds resolttng fram �
<br />- . ,� t i;''4.•",;'; ��ge�te the Pro to the ec r to�si,�'�isitioa shall pass to Lender to tI�e�etei���r the sams secared by this Security Iastrtnment _ ' -=
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<br /> ' 6-Oocapauc3+.Pr+as�'vaitn�'.•�� `a�ttKnauee aad Pmtecttap of the Peqpe�gi$nrmwer's Loan ApP�Hon��d�oIds. • � --�
<br /> • ,� ..• . . .. . , � , _ . : .
<br /> . '.-,: Botrower sha}1 occopy estabtisii.�.�se•�Propecty as B_ wer s pnncig�+:i�i3eitce•w�tLin s��/day��t`��1�on of
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<br /> . this Security IRStruae�,�a�u1;.�extrinueto occupy ti�e Propei¢y as Borrac±;�''��rincipal�esicience for.�u��o�e year�er.. .
<br /> � •` the daze of oa�upa�tctii.:;,s���a*-�e;hernise agrees in writiag,which consent shaU not 6e unreasonabSy��irithheld,or�u�3ess. ,
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<br /> � . extenu,aFi��,.cira�'.i�q�;e�tis;;;t��'s��e beyond H�rrower's conuvl. Borrower shall not destroy. damage br impait tke
<br /> _ ' ,Pmges;��;;,'�?,;W;��� ,l�,,�tierty to,��iorate, or commit waste on the Pmperty. $orrower shall be ia default ifGany fodeitur,e • -
<br /> _ t - ac�ib�i•���a„J;:�afiieiher civiJ or criminal,is begun that in Lender's gaod faith judgment cauld result in forfeidue of the
<br /> �_a ��. -.��:���'rap�xitt?�`udierw'ise materiallY imp�ir the lien created hy this Seturity Iastrumeut or Leader s security intemst. Borrower may -_
<br /> :�' cure seF�,�:�efault and reinstate.as.prqvid�i In paragraph 18.by causing the action or proceeding to 6e dismissec!with a tuling
<br /> that, is�:_�det's guoti fa'sth dEte�tion, precIudes forfeiturY:�f t�e B�irower's intere�t in the Property or othe�.��aterial
<br /> , �,� ,` ,� impairrs�i�tr af the lien�reated by t@us Security instniment or�:tx�c�r's set�rcity interest �rroweF shall also be iri��'(,�It if �_
<br /> •r�,",��`�g; Somawe%during the loan appliratidp process,gave materiallx F::���,bn�,.�ate.informat:��or stateinents to L�1d�[4,���iled �
<br /> .r • � to provide I.eader with any material information)in co�ection wict�e i���denced by th�Note,ins{�g,bc�t n�t limited �3�r�
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<br /> .' "���� to,represeatations coa�r�.�Borrower's ocx�paney of th.e Propert}_as a'prio^ipal residence.If this.Seca�.ty Instrumen't is oa a �;,;,,•
<br /> �~"�'` � teasehold. Borrowet ��•±ro v.urith all the rovisions of th;..lease. If Bomower a uires fee tide to the Pro the
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<br /> �::;,;.,-:;;;;:,. leasehald and thefee tit3��.:;:3�.:4:��e unless Lender agrees w t�e merger in writing. : ' �'_
<br /> - -��`�—�-°:�_' 7.Protection af����:�sn the Pruperty.If Borra�ret faits to perForm the covenants and agreemenu contained in .:
<br /> • ' ���`'�1 tlris Security Insuum�;���xhere is a legal praceeding tliat anay significantly affect ixnder's righu in the Property(such as a '`
<br /> � ''. � pmcc,eding in b�.�.���rabate.for condemnation or forfeiture or�co enforce laws or regulauons), then Lender may do and
<br /> = pay for whatever is�ssary to protect the value of the Property and Lender's righu in the Property.Lxuder's actio�s�may „�,:;
<br /> "�`� include a n an sums-secured b a lien which has riai�• over this Securi Instn�ment. a earin in court. in
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<br /> � reasonable atcomeys'fees and entering on the Properry to make,r�airs.Although Lender may cake action under this�saph �l•-°.�
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<br /> , �,I.ender does not ha��e�o do so. . . �_,,'``
<br /> � Any amaunts d"r,�.'�srsed by Lender under this p�agrap5 7 shall 6eco�additiona] debt of Horta��a sec� by this �:.'_
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<br /> Securitgr Insuument.Unt�ss Borrower aad I.ender agr�to other terms of pay�ent.these amounts shall bear interes;from the ;::
<br /> ' �'S1�'`�' date of dis6u�sement at the Nate ra�,attd shall be payabte, witi� inter_st, upon notice from Lender to Borrawer rr�uesting• ':.'�.
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<br /> payment. •
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<br /> �� M1��,,.,.��, , S.Mostga�e d�aee.If L'ender required mostgage insurance as a condition of makFng the loan secured by this Security .. .
<br /> """'"' Instn�mem. Borrowec.�i�s�pay the'premium9 required to maintain the mortgage insurance.in effess. ��_ for any reason, the
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<br /> mortgage insurance eq�:ur���reqezimQ,by Lender fapses or ce�ses to b�in ci�'ect.Borrower shall pay tCsr�}r��rniums mqnired to � -
<br /> � � obtain covera;e subst.,�;aily eq4�s�l,�r.�to tite mortgage insuran�previously in effect.at a cost subse�Sit?,ly eqaivJ�ze to[he � ', '` "
<br /> '```'{`�L_;`� cost to Borrower of the mortgaD�,im!�rance previously in effi�[a. from an altemate mortgage insurer��R ved by C�der. If � '
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<br /> � 'substant�ally equivaie�tnortgu�e i�:t7ance coveraae is not available.Borrower shall pay to Lender eadt crtinth a sum"equal to � .�;�
<br /> .�� � on�twelfth of the yea�i[y acartgage insutance premium being patd�y Borrower when the�insurance coverage lapsed or ceased to ',
<br /> be in effect.Lenttet vr'rZE�ooept.u�y t►d setain these Qayments as a loss reserve in lieu of mortgage insatanrx. Lass reseive . ••
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