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<br /> . 5. �azard ar Propa�t,y Insuranoe. Barmwar sh�ll kcep the improvementic now exiRting or henattar errcted nn the
<br /> P��erty i�uured sga[nst loai by flro.ts�uda lnoluded within tho term"exteaded covorage”ind ony ofher d�r�rAi. lnoludln�
<br /> f loocL or lloodlnj, for whtch I.atder nquires lnturnnce•'ibls in�ur�ace�be cn�nd�ned i°the w�outttr�nd for the period�
<br /> that Lecxdet re9uira.'tUe in�uraaca curier pmvlding the lnmr�nae auU be cfio�ea by Borrower rubJect to LeAder'�r�pp:ovd
<br /> whic6�hsll uat be uarwo�ubly withheld It 8orrower f+�ib to mdat�Ja covaea�e daoribed above, Let�er m�y�at Laader'�
<br /> wpttoa�abain eover�e w protect Londer•�ri�hb in the Pro�etty In�ccor�nco wltb para�raph 7.
<br /> . AU inaar�nce lpolfcles and reaewila dull be�ccepabfe w L+oacaar aad Jsgil ivalucb n cu�udas�3�rt�a�o cL�!1�. Isnder
<br /> ��y +BH
<br /> �hdl h�ve the d�ltt to hald the polictes�nd t�eansw�ts.It Loader�nquira�gorrower thall Fi'o�Y i�ve to I�endar d!nceipb ot
<br /> paid pnmiums�ad reaead notica.Ia the evmt of lo��Boreowar r6aU gtve prompt aotiee to t6o inaurmce c�rrie��nd Lender.
<br /> Imdor msy mate proof of loa if aot m�du promptly by Barrawer•
<br /> Ualeu I�eader�nd Bonawer othaewl�e�roe in writing.inrurnaca proceed�e1W1 be rpplied w nstorallon ar npiir of tha
<br /> Pnopeety d�magad,if ttie reaorWon or rep�is is eooaomtcaUy fauible�nd Leader'�exurIty i�nat lasened.If t6e ratorattonn ar
<br /> repair l�aot ecanomic�liy fatibie ar Leader'��ecurlty wonld be ler�eued,tho i�uranco proceeds el�all be agplied to the iums
<br /> eeeured by tbi�Security Iasttumeat, whd6er or aot thea dne,with �ay eaca�paid W Botwwer. It Borrewar abandons the
<br /> Property. or doa not Answer wlthin 30 drye t noflce from I.eader tiut the inauru�ce carrler tas ot�ared w settla s cl�im,theu
<br /> Leadar msy copoet the tnruruice procade. Lender may use the preoeeds to repair or resloro the Proprnty or w p�y sums
<br /> eeoural by tbis SecurIty Instn�meat�whether or aox thea due.'Ihe 30�day partod will begin ahea tha nodce Is glvea.
<br /> Unlew Ltader aad Bom�war athaiwlee Rgrxe in arldng. aaY �PP�catton of prrocceeds to prinaipal s6at1 aot extead or
<br /> poitpono the due date of the monthly pryateata refea�d to ia par+�8►xphs 1 �nd 2 or chaage the�mount of the paymeat�.If ,
<br /> under p�r�gtaph 21�the Propesty ie acquired Toy Londer.Borrower'e dght w u►y inauraaca policles and proceeds resWtL�g from -�
<br /> damrge to the ProP�rtY Pdor to the aoquiettion eh�ll p�ss to Lendar to We extent of tluo suma secured by WIs Seeueity Iastrumeat ...a�
<br /> ..:.i:;,;'.�:, immcdiately prlor to tha uquieItton. .:
<br /> r-' � 6.Ocap�ney,Pre�tertalba,Maintenaaoe and Prntedion of the Propartyi Borruw�'s I.oan AppAcAtto�Lea�holds. .,� �
<br /> ;;:.-_-`;';. :'�"`a�<. Bonowar eh�ll accupy.e�bIIeh.and uae the Propeity es Bo�awer'e principal resIdeaca aithia eixty dtys aRer the exeaution of �:-:
<br /> thie Security�nsltument�nd eht!!conttaue W occupy the Property es Borrower's prfaaIpal residence for at last one yar aftes ,.E3,.
<br /> - the dste of occvp�nay, un'Ieas L�eader othera►ise agrees ia wdting,which consent eh�ll not be unreasonably witl�held.or unlesa ,
<br /> :.����-. :''f. axtanuating clrcawstnnc� a�dst which ara beyond Barcower's watrol. Borr�wer ahaU not de�vy, danut8e or impair We
<br /> ,'�:j>: " Proporty. �Ilow the Pe�nperty w deterIonte. ot eommit w�ste on the Proparty. Bonower e6all 6e in default if�ay forfaiture "��.,
<br /> �,���.".� �:`;-�.
<br /> ,�r�.::.'„ , action or procealia8.whathw aivtl or arlmintl.is beguo Wat In Leader's good faith judgment coWd result in forfeituro of the ;.
<br /> `t��:=_:'�... •;''�' Peoperty oroffierwiee m�teridly im�tir the Hw ci+euted by thie Secan�Ity Instrument or Lender's securIty i n t e r e s t.B o r ro w e r m sy
<br /> .±y'�'�s`'_� cure euch a defiult�nd i�diusGtta.�s provided in p�ngt�ph 18.IsY cuts3ng the�tation or pmcee�in8 to be diismisr:at wlih a rulfag
<br /> ,, �;,�>..,.,.-�. - . .
<br /> r ,�.��.,.•�,.�;1 tha�In I�eader's good�feith detn*�++�*�on, pn�aludes forfeidue of the Borrower s interest in the PropoRy or other materlal '..
<br /> ,. .. .�;.iJ-;•-•': ,
<br /> 'P�� .:,f,. Imptirment af the lIea c�ested by this SecurIty Insteument or Lender s securIty inurast. Bonowes ehall also ba in default If ;;:�.
<br /> �r'�s_% : : ;,�•.; ,�'}.
<br /> �.,...,•• ::��r;�4;c,�%� Borrower.durtng tho Iwn appliaU�mn process,g�►va matesl�ily false or inaccurate informatton or etatameata to I�ender(o r f a i l c d
<br /> ��':'��'^7.�`�'�';;�,� to provide Lander with�ny materlal informstion)ia connsction wlth eha lout evIdenced by the Note.including�but not limited
<br /> ������;���;�`s�k;:�; to�representations cancmNng Bori+ower's occup�ncy of the Property as a principal ravtdence.If thi�SecurIty Inst�um�eat is on s .
<br /> ��s; `�' •-��,���:i�� le�sehold. Bortower aball comply with aU the prnvislona of the IeASe. If Borrower acqu�+es fee title to the ProPe�Y� the
<br /> '`+"' ��':° . . leasahold nod the fee title ehall noi merge ualas Lendcr agroes to the merger in wri
<br /> t�, .,,,...•...;; Hng•
<br /> ia��^wh� 7.Proteedon oi Lmda�'s Ri:hts(n the Plropaiy.If Bonower fiils to perform the covenants agd agreementa containai in
<br /> r.inr a:�v�e.�,�:�
<br /> ��t:;t:"��:�..�tx; this Securtty Inahument,ar thers is a legal procxding that may eignific�atly affect Len�ler's dghts in the Proparty<such as a
<br /> :�+ sx� �."t'�.=�.o� pmceedtng in 6mtc�uptay�ptobste�for condemnatton or forfeiture or w enforce lawe or regWatlons),Ueen Leader may do aad
<br /> ;:''•�• .�� . ��:�• piY for whstevar is aec�s+�ry to protoct the veluo of the Prnperiy aad Laader's righta in tlte Properiy. Lendar'e acNoas msy ,
<br /> ; .,�,-..;r;'�Ci�:t��' inolwle WYinB+aY sums secured by a lien whieh h�s priodty ovet t6ia Secwlty Insttument, aPP�pB in court. PaY�B
<br /> ' f;,'.�1'}�h��, nasassble attomeye'fas and enterI�g on the Prnperty to meke repaire. Atthough Leadar msy take actIon under Wis pazagcaph
<br /> .r ��',•���"{�ss,�;;�►`� 7.Lutdar doea not havo to do so.
<br /> ' . �S�:`i:�.: Any amovats dls6urecd by Lander undnr this paragnph 7 sl�all becomo additlonal debt of Borrower secured by this
<br /> t.f � � Secwiry Tnateumea�Unless Borrower and Lender ag�oe to othar terms of payment,these amounts sh�ll bear interest from the
<br /> .�� .� . . n notIce fiom Lender to Bon+owet rague.vting
<br /> iii., ,• . . .: S date of diabursem�►t at the Note rate and ah�ll bo payable, wlth tntemst, W�o
<br /> paym�t.
<br /> . 8:Morf�,tfe Iasivana.If Lender requircd mortgago insuranee as a coadldon of msl�ng the loan eecural by thie Secwtty
<br /> . .�'-�.`-';;«� , � Inst�ument� Bomowar shall pay the premiumg required to maintain tha mortgage insureuce tn effecG If, for any reason,the
<br /> '' mo:tgago inaurmce coverage required by Lender lapses or ceases w be in et�'a^t, Borrov�er ehall pay the premiums required to
<br /> :.�,•'�',;:::' obt�in covatsga sub�tandally equivaleat to the mm�4gnge inauranco p:evtously in effxt.at a cost subsbntaally equlvalent W the
<br /> i�S'CK�.�L^y,y. . COSL LO Borruwer of the mortgage Inswiraaea pnviously In affect, from en altamate mortg�e insurar approved by Lender. If
<br /> - l`' - substaattally equivdaat moitgaga in�uonce coverage ia not avatlable.Borruwar ehsll pay to 1L+eader oach manth a sum equal to
<br /> ..i: - . . ono-twalfth of the yearly mortgsge ineinyace premiwn keing patd by Boirowar when the insurance covaraga lapsed or ceased to
<br /> •''�' ., „ be in affect.Loader will nccept,uae and retnin these paymmts es a loss reserve in lieu of mortgnge inaurancx. Loss reserve
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