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<br /> 5. H�aarci nr ['ronerty lnsurnncc. Rnrro�vice shi�ll kccp thc impr�ivcments no�v c �stin� o u �. L� tited �m thc �,�txac� `* �'
<br /> _'_'°"'°""��'^� Frog�:rty in�•urec±' a�ainst Ines F►y firti. haiar�ts inrludcd witliin thc tcrm "cxtcndcd cuvcraE*.c" and ,my uthcr ha�aints, inrludh�g ""�'�"��=;Y�°,:.••
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<br /> � flocxis c�r Ilc�aJing,for which Lendr.r rcquircti in�u�•a�uc. 'I'Itiis insuraiuc shull hc muintafncJ in Uic amuumr and tor�hc�xi i��l, �. 4��,�._,_�����,
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<br /> �n�.��,a that I.cndcr rcquircs. Thc insur,mcc carcic�•rr�widing ttic in+urancc shall bc di�,scn by porr����•cr sul�j�tit w I.�udrr's npprnval -.,r,.,�yti r.„_--_
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<br /> ' -� �vhish sh.dl not ix�unrc:�.sonably withhcld. If Bnrrnwcr fails to maintain cuvcr:igc dc�rribed nl�aivc. l.�ndrr ntu �t Lcndrr'r ` • ti�fi��
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<br /> .,���;," option, abiuincovcrarc ro protcct l.cndcr's ri�hts in thc Propcny in uca,rdancc with parabr.iph 7. .. ,;}�,�; -
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<br /> A[1 insunolcc policics nnd reriew;ds xhall bc ;icccptnblc tu l.�:udcr and sliall includc a standard iurn�tgagc clau,c. Ixndcr •� >:��,�;, �,yf••
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<br /> -=='='-'�°'�• sha!!huvetEic ri�;ht to h�ld the policies and reiicwulti. If l.r.ndcr rcquires.E3c,rn��vcr+l�all prom�tty givc ia Lc.uder all rccciptti uf ::'�' .� u
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<br />=;ar� M p�id pr�miiFms:�nd rr:r.ewal naticcs.In thc evcnt af loss, Bi�rrowcr shull givc prumpt notirc tu thc insurvicc rarricr and I�:ndcr. -:�;-���,,c�-,�
<br /> i;'Yr-�-•._,�* '� Lendcr rn�y ma�:.epn��if of loss if nat m.uie promptly by Sorrawcr. �'�'"f'�`-'�'=+__.=._
<br /> �.;�t;e.!c,�,ti:.:,. : � ,i�-__.—_
<br /> ��-�-` ` *�<� ._ Unlcsti Lcndcr. ;md Borrowcr odicnvisc agrcc in��riling, insur:incc prucecds shall bc.�pplicd to rc:,wm[ion or iLpiiir i�f thc _:�,�;,n•M..._.
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<br /> �•��4'`�•'`�'• propc�ty daanaged if the restoration o�repair is cconomically feasiblc und Lcnder's sccurity is not Iesscned. lf thc rctito�atian or �C'i"�=�-�_
<br /> - _-F— repair is n�t aonomically feasiUle or [.ender's security would be IcsscneJ,Ihe insur.�ncc procecdti shaU be applied to the sums �i`r�i:�'��:--
<br /> `_�__- scrured by this Security lnstrument, whether ar not dun due, with any excess paid to ao�TO�ver. If Barrawer abundons tha �_ -
<br /> V .;;���� Property,c*rdncs not answer within 30 days a nnTice from Lender th�tt tl�c insurnizcr_cireicr h�.s offcrcd tc�sctdc :i claint. tlien _ _. f
<br /> ---=-_= Lcnder may mlleri the insurance proceeds. Lender may use the proceexis to repai�or restore the Property or to pay sums �.�.�-�.�.
<br /> _:'i�� sccurcd by this Sauriry Instrument,whcthcr or not thcn d�c.Thc 30-day periud will bcgin�vh�n thc nuticc is givcn. �,_____
<br /> ._'r,��;�tt� • �'nless Ix:nder and Borrvticr othenvise agree in +vritinc, uny application��f pr�cceds to principal sliall cun extend or t�`_,
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<br />_ -. °�'�` pust}��ne tttc due date oi thc �t3oi�Yhly payments referreJ tu in paragraphs I and 2 iu ch:�n�c thc antount of tlie ati�ymcnts. if ��F�
<br />-_��`.r.„h�.�:.s: , unda para�raph 2l the Property is ucquircd by L..�:nder, Iiorrower's right to any insurance policics an;i�aroccuis rrsl+lting i'ron� �.,,2�,�.
<br />'�4'"� darnage to the Prop�rty prior to the acquisitiun shall pass to l.ender eo the extent of thc sums secured tny rhis Security lnstrume�t �_-
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<br /> - , � imrnediatelyprirn•tv thc acyui�itinn.
<br />"��f;.f '� 6. (keupancy, Preservat�Wn. Muinienonce and I'rotcriuon of the Property: [icrr��Yer's Loc�n Appltcatton;O..euscholds.
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<br /> Hurrower si�all aaupy,establi�:�,and use the Property as�t�rrawer's principal residencL +�ithin sixry days after ttte execution o
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<br /> �,m,;,,ri 1 thi:s Securi[y liz�taimcnt and shall cuntinuc to occupy dic Property as Borrovrer's principal residcrtcr for at Icast onc yc:ir a tcr
<br />`"s�`hr;�' j ine uuic ui' uca�YiidCy.ur�cs, L:.�.,''„^.r:e."..^:•:��:so'"-"` '••"• wr�tin�; «•hich �v,nsent shall not be uurc�tic�r.ably withheld. or untess
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<br /> n�� execnuatin� circumstances exe.t �vhich are beyond Borrow�er's contrul. Borrower shaU not destroy, dnntag� or impair the _
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<br />:.-{;<•��r`+'.4 Prupez�t}.�tllow thc Properry to�.aterioratc, or ci�mmit ��•ati4e on thc Property. Borrotiver shall be in dcfault if auy forfcitare -- '._
<br />'���-�.�ij'�``�-.°��:. action or��raesding. whether ci�•il or c�iminal, is begun[hae in Lender's good faith judgm�nt cauld result in forfeiture of the ___
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<br /> �, `, property o r otl3envise materially impair the licn creuted by this Security Instrument or L.�nder's security ititett�st. Borrower may
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<br />____ �,�:,; cure such a de��td.g and reinstate,as provid��d.i��raiagraph 18, by causing the uction or peucreding co 4�:dismis�ul with u ruling _
<br /> '°;',''��' , that, in l.�nde�'s��a1 faith determinatiun. prcrludcs forfeiture of th: Borrowcr's interest in the i"raperty ur other materi:3.l �6�
<br /> �-'?b��'`��� im airnient of the fien created hy this Securiry Instrument or Lender's securiry intrrest. fiorru�ver :+hall also be in default if
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<br />'�"�����,.� '"` Borrower, during the loan application process,gavc materinlly (alse or inaccur.ue infnrn�ation or staternents to Lender(or failed �__�-
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<br /> ��„___;,��{„�o� to provide Lender with any material information) in connection with the loan cvidcnced by the Note, including, but not limited �;_��.�__
<br /> ��.L�.,�. .
<br />-_;�,;r�:� � to, repraenlations concerning Borrower's occupancy of the Propeny as a principal residcnca If thi�Security lnstrument is on a `,y�.,_
<br /> �:��:'�°�:
<br /> ":,•_�-�;__�;;;��.� Ieaschold, Borrowcr shall comply �vith all thc provisions of the Ica��. If Burmwcr acquires fec tide to thc Property, thc �•;:N,� ^
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<br />.--=ry�.�^`:*''�'�''� leaschold and thc fcc titic shaU nnt mcrg�:unlcss l.rnder agrecs to thc mcrarr in writinF. ..���?��� ,
<br /> �='�'�'�`�����: 7.Protection uf I.ender's Righls in the Property. If f3orrower fails to perform thz cavenants and agrecn�en.s contained in '.��r=:- .`�"-
<br />- - 9"�"�.;,,� it►is Secunty Ir�s[nrment, or therc is a lcgal procceding th.ic may significandy affcct I.ender's rights in thc Properry (such as a '+.y'��;°.;,�-'"'
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<br /> -===T�:-�- _ proce�din�in banlcruptcy,probat�, for condenm:uiun or fur!'rituic ur to enforcc la�vs or regutations?,then Lcnder may do and � �::.�;,r�,
<br /> r � `� a for aliate�•er is nscessar tu rotect the value of the Prope��ty an� �.nnder's rights in the Pra�erty. Lender's actions ma�• �'f�`���`0"__-
<br />;,��N':.;�:�'� P' y Y P , �' �-`�.,�
<br /> ,}i.: .;-�.: include p�yin� any sums secureci by a licn which h��s prioriry over this Securiry Instrument, appc::iring in court, paping :,����
<br /> ..a,�� �t .��,;��;; ��
<br /> �,;�.•, rcasonable auorncys' fccs and entering on thc Property to makc rcpairs. Although Li:ndcr may takc acuon undcr this paragraph ;. 'br'*
<br /> �"`''� 7. Lcnder docs n�t havc to do su. �`'.'��''`•� �-
<br />'A��'�� �;� t Any am�unTS disbursccl by Lcndcr und�r this paragraph 7 shall hcromc J(�l�IIlOI11I �CbI of Borro�ti�cr sccurcd by this '� •� �-''r'�
<br /> -�`Y + Security t nsi�arnent. Unlcss Borcower unJ Lender agrce to other tcmn of payment, th�sc umuunts tihall bear intLrest from the � �'''.-�"�
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<br /> ^�u�x-=.__-�+�!�'?�'. datc c�f disbur�cment at Qic Notc rate and shall b� payabl�, with �ntcrcSt, upon noticc from Lcnder to Borrow�r requc�ting ��.�y; ,
<br /> �'�,.,a�a�': p��rn�n�. j� ;'"
<br /> __;.���,;,,,� ° 'C3,Nlort;�agc Ii�.surnncc. It Lcndcr rcyuircd mortNa�r�nsurancc as a condition of making thc loan �crurcd hy rhis Scruriry t '
<br /> `'=-'����'� Instntmctst.��rro�ver shall pay thc premiums rcyuired W maintain thc mortgagc insurance in eff�.�c�. If. fur a�ry rea�nn, thc
<br /> "w'�`='-�µ�� ' mort��e insv.sz�ce coverage required by Lender lapses or ceases to be in ctfect. Borcower shall pag•the premiums reyuitttii d��
<br /> :�_:.z��+,'a:.:• , b•g
<br /> �'";. "�;�°�.. • obtain co�•er:��substantially eyuivulent to the mortgage insur,mre previoutily in effect,at u cotit substantially eyuivalent to Lh�
<br /> ��;:.
<br /> =�p;-';',�'., : cost to Iiorrovrer of the n:err.y.�ge insurance previously in ef7ect. from an alternate mortguge insurcr approved by L.ender. [f
<br /> "'"���`x="�• subst�nti;slly L.^,ui'-,dcnt mar���c ir.surancc covcrabc is n�.�t availabl�,Borru�vcr tihall pay to Lcndcr cach month a swn eyual to
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<br /> ----_hu�c.�--� onc-t�self2hof�tl�°kcarly mortgage insurancc prcmiu►n bcing paid by Iiono�ver when�ne insurancc rnver.�gc lapscd ur ccasc N
<br /> ����y°-'"�'•�°°_� l�e in eftect L��tder will accept,use and ret:un tttese payments as a loss �rserve in lieu of mortea�:: insurance. L��ss reser+r�
<br /> -__---=�„� form 3028 9I90
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