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<br /> : �t�:�.'�' S. Ha�rd`aP P[�Dpe�ty I�r�ttCe. Bomn�v�r shnll �the ItapmyemEnts nnar exisiing or hereafter er�c0ed ba t�e , .`
<br /> --;�`��.�,'-��'�� . . Progecry insuted a�ainst tass hy t'ire.ha�asds indud�d wit9�in the tam'extead�d oaverage'art�arijt ot�et hatar�s. iasia�diu� �
<br /> - - `=�.r�-t=.,= -�,�, iioods or tloading,for ahlcn Lender.requ�res insuranoe.'Pius i�siirsnce shaffi bs m�ntain�ia t�a�anums aasl for the periads. .
<br /> .-y'`°Y,i`.syL�'i��.�`-:� �
<br /> - t :.. th�t leudrr requires.TYie insu��Ce c.:arter pmviding she instuan�shall he chosen by�Arravrer sut��ct tn Lender's appsova3
<br /> i_f���#�:��r,��:�� whtch s�ll aat be uareasonably withheld. Ef Bbrroa�er fails to mairuain arversge desc�'Ssed above.•i.eader m3y.�Legd�s .
<br /> --y;`:-.�'���::`.`�.`-.'�3�.�,"ay aptiag.abiain caverage to pmtect L�ett�r's cights in t6e Praperry in ze�rdance cv�tIa paiagragh 7. . ' _
<br />:;�: `. �:�:�:'vs��; .'r; A!1 insur�..�ee polis�es a�rerseNals shall be�table m�sder aad sltall iasl�cde a stan�ard mo�4gabe:ci�usr: f�c�
<br />`s�� ' �.' ;�,,'. sttali have the right to E�old the policies aad ceae�va7s.I�I.eader req�ces.Boaovr�r shall F.mmgtlY�ve to Ie�der a!i r�veipts of �
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<br /> c�. < , paid pmaniumg aad renG�va!notices.In tfie evmt of lass.Boxrua er sha!!�ive prnmpi nat�oe to the ias[uant�saitic�a�d Lender ,
<br /> � ,
<br /> -. • �-�-`�-` Lendt�cmay maa�e p�+sof af its�if soi made plzra�p?Y3 tg=�arru�. . . < - ._
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<br />' r3-:. ' Uniess l.ender aad Bormwer c�therwise agree in writing>in�tauce Pra�eds s�alt 6e applied w'res�r�tion ar.:epaar�f thie .
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<br />'�`-` ',� . _ �eopecty dama�ed,if the restoration ar tepair is ecanomically feasi6le a�td[.e�'s serurity is aat[�sened.If ttt�restoratioa a�. .
<br /> _�.a��•..;_;_ � .�E . cepair is not economimlly feasibte os Leud�c's security nio�tid be Iessea�d.the j�nanoe gro�eeds shall be ap{i]I�ta s1Je sunis .
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<br /> -�;�:`"`��"�".�"�. s�wred by this SecuritY Instrame�t, whetl�,er ar ant tf�due, v�ida azry escess�to Bornower.If Ba��er abamdo�s il�e_".
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<br />:-�'"�•... ::��r,: ProFert3►•or daes n,ot answer�vitfici 30 days a cfltise fr�am 1.e�tder th3i ttee iruurance c�rier has offecad'ta settle a claim.tt�n
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<br />_ �`'y�i +.� �i.e�d,er 4nay ooIIect the ins�ance pioceeds. i.ender may ase thz proceeds to tepas�r resto�the Prnperty�r to�p�y`sams'
<br /> --:���``y'`;="-. seeut�d 6Y ihis Se�uritY Iastrament.arhether or r.ot theA due.l�e 3Q-0ay periad will begin wh�en t6e unti�is gi��en. ..
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<br />;�_� . f� `�,`.�•"'• Unie�s l�nd�and Bonuwer o8t�erarise agree ia �rriting, any agplicatia�t af pmcee�ls 8o prin�ipal shall rAOt e�ctead os , �
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<br />•:;�"_`- _-..x..t.;'fa ,:: postpoae tt�s due d2te oi the mont6iy payme�ts teferird to in paiagtaphs 1 a�i 2 or d�ga die a�mnt uf t4te�tyments:If
<br /> ,�, ` ,�; .`:, imder paragtaph 21 the Property is asx�ui�ed by Iender.Bormwerts right to any insuiaac�policit�and procxods�sulting�rom �,;
<br /> �. . ��� .�:r dama°ee w the Paaperty'prior to the acquisirion shall pass to E.ender to th�extent of Ehe snms secutad by this Sx�uity Insttumet�S �
<br /> ° - u�ely prior to the sc�ttisition. � ` �� '
<br /> ��' �` �." ' 6,Qp���y,p�pa,�4Ain w�+a*�rs 8at1 Arotectton of the Pt+Ogesty;Bottu�'S Loa�Agpl�;I�. •� ',
<br />:'_'`__ -�--x��.��__' Bomuwes shall
<br /> - : --- - ----- - aoa�py.establish.and use the�Prapeny as Borrower's{srirzsiFul resideace witlun si�isy,days after tae ex�of :.
<br />'��:.:' .`4.���� " _ this Security liistnunent-and-shall continueto ooarpyr the Pioper�y as Bono��er's ptiacipal residence for at least one y�ar after•
<br /> -,,..;: .•, • tbe date of oaupancy.an�tess i.cader othenvise agrres in writirU,arhich conseat shall ant 6e uareas�na6ly witNFeld.or untess .
<br /> - . ` .- , eatem�ating ciraimstati�es exist whlch are 6eyond Borrower's cantrol. Borrnwer shall not d�tmy. da�age or�iiupa'n.the �
<br /> � •f� �� . Pcoperty, alfow the Property w deteriontie. or oommit waste on the Property: Sorrower shatl tse in defaiilE iF a�y forfetture � '
<br /> .. •._��;_`"'`.."f'�"+," acdon or prooeedin�.whether civil or criminal.is 6egun thai in Lende�'s goad faith jud�scut cauld resiilt in forfeifure of th� .� .
<br /> �, `; � ' � '�, � ProFertY or othernise enaterialIy impair the lien c�ated by this Sewrity Imstrument or�der's security intensi.Bo�mwer may
<br /> '�� . � ciue sucb a default and ceinssaze.as provided in paragraph 18.6y causing tt,e action os pruce�mg to be di�is.s�d with a tuling�.
<br /> .� ,`: _ . that. in Lender's gaod faith determination, preciudes forfeitu:e of the Borrower's intemst in the Property pr othar�ateria3� .
<br /> � , ' � impairment of the lien created by this Seairiry Lssuument or L�.ender's securiry interest.'T3urrower shal!atso 6e in�.i[t if .
<br /> . , . .Borroaer.during the loan appliration pr+ooess,gave materialty false or inaccurate informaunn or stateu�nts to Lender�a�^.�ect
<br /> ' : , : ., . ,_ to Qravid;.4eader cviW any materiaJ information)in wnnQCtion witb the toan evideaoed by the Nmie,inciuding,but cm2 i�suted
<br /> :�, � ; .` , ta.representauons conceming Borrower's oaupancy of the Property as a prictcigat resideare.If this Security InslrumeAt.is on a . .
<br /> • • . lea�ehnId. Bomower shal}compty wi�h aJl ahe provisions or."ci3e tease. If Bonower acquires fee uUe to the�t�;"the
<br /> - ... . lea�ehold and the fee titte shaU nnt merge unless lend�r agr�ees t�u the merger in writing. .
<br /> `;`;'• ;. •� 7.Pr+�teciion of I.eadet's Rlghts fn the Property.If Borrower fails to perform the aovenants and agre��ments ca^�iued in
<br /> • this Se�rity Instruiu�n�or there is a legal prooeeding that may significantly ai�'ert Leader's rights in the Property(sus6 as a
<br /> '- . ., proceeding in bankruptcy.pnnbate. for condemnation or fodeiture or to enforc8 laws or mgulations).then Leader may do a�
<br />��r.+� � • pay for whatever is necessary to protect the value of the Ptoperty and Lender's rights in the Propetrcy. Lender's actions may
<br />=�� `• iaclude paying any sums secured by a lien which has priority over this 5ecvrity Iasuument. appearin� in oonrt, paying
<br /> �' '�� �:�' : � reasonable auomeys'fees and entering on the Property to make repairs.Aithough Lender may take actian under this paragiapb
<br /> ' �� � 7.Leader does not have w do so.
<br /> � .' �. '' ` ' ', y p graph ? sfiall become additional deb! of Bomnwer secarei! by this
<br /> �:. ..: Any amounts dis6ursed b Lender under this ara
<br /> '� � � . Seturify Instrumeut. @Jr_less Borro�ver and Lender agrce to other terms af paymen�these amaunts shall bear inierest from the � •
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<br />_ -� •'�,�,•• date of disbutsemart at the Nlote rate and shall be payable. with interest, uQon notice from Lender to Borronrer reques6ng ,
<br /> ��, . ,. ,�:" PaYmer3• —
<br />°�� � � � ' 8.Mortga�e Insurance.If Lender required rnortgage insurance as a condition of m�lcing the loan secured by this Securiry -
<br /> . Instrument, Borrower shall pay the przmiums required to maintain the mortgage insurance in effect. If, for any ceason. the -
<br /> - .. �- mortgage iasuraace coverage required by Lender lapses or ceases to be i�effect.Borrower shall pay the preminms required to • -
<br />_ b � • � ;-��;r,:•:, ' obtain coverage substantially equivalent to the mortgage insurance previously in cffect.at a cost substantially equivalent to the
<br />, . :;;:�u�,=;',� cost to.�rroNe°r of the mortgage insurance previousty in effect. from an alternate mortgage insumr approved 6y Lender. If �
<br /> ' � subslantiatty equivalent mortgage insurance ooverage is not available.Borrower shall pay to Lender each month a sum equal to �'
<br /> ��,� one=twelfth o�the yearty mortgage i�nranoe premium 6eirtg paid by Burrower when�he insurance coverage lapsed or ceased to
<br />'��,.��� ,����..' ' be in effect.Lender.��l1 acce t.vse and retain these a ments as a tass n�ve in lieu af mort e insuranaE. Loss reserve
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