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<br /> •=r���, :• ' �'� . S. Hazad or PeoateiYy Insurance. Hnrruwcr shall kcep thc improvcmcnts now exist�ng ��n c�rc;iftcr erected un thc '
<br /> -`_;�xc;�;:;�_;� Propeny insured agninst loss hy fire, hai;irds includcd within thc tcrm "cxtendcd covcra�c'and any other h;uards, including � •'�i�;
<br /> -�-�s��•`"' , flonds or Ilo��ding, for which I,cndcr rcyuires intiurancc. This inwrnncc shull hc m.►intaincd in thc unwunt�;md for thc pericxls
<br /> "��� .�'..j:. . .. that lw:u�t�r r:yui:e+. Tlie in,ur�mre carn�r prmtduig the insuranrc,hxll be rho,cn hy Biirrower tiuhject to L�:nder'ti approvul . . �L��
<br /> i��'°�:..,` which shnll not be unrc:ironubly withhcld. If'Borrc�wcr failti to maintain cuvcrage Jc.cribcJ ubove. I.cnder may, at Lcndcr's - --
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<br /> -_'�'r� .'. �' . i�ption.ubtain covcragc to protcrt Lrndcr'ti right.r in thc Pruperty in uccurdancc with paragraph 7.
<br /> , r�'4 �.r,�q,`.".'� , All insunncc�x�licics and rencwal� shall hc acrcptablc w Lendcr and ,hall incluJc :i,iatndarJ mort a � clausc. l.cndcr .� `r'�`� '�
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<br /> -5'-.�'� - shaQ havc thc right to hold thc�I+cics and rencwals. If I.cndcr rrquires. I3orrrnvcr shall pr<�mptly�i�-c to L.cnJcr all rcccipts of ��''Y`
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<br /> h::,, paid premiwns and rencwal nutices. In the event uf loss,8orre�wer shall �ivc prompt notice to the insurance carri�r and l.ender. ' J `��'�"'���
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<br /> . ,d;=' ' .'i; ^' l.endcr may makc proof uf lutis if not made pramptly by Horrower. ' , ' • � *..°,; ��,•-:
<br /> Unless Lcnder and B�rrower atherwise u� S� "� "'�=;'����".��
<br /> = • „`''� � � bree in writing, insur.uicc procecds shall bc applicd to resta�ation or repair of the � •�� +•• +�-:�
<br /> • Proporty dam��gecl, if the restoi•ation ur repuir is economically featiiblc nnd i.�:nder's security� i�not le�sened. If the restoration or �''' '., '1 ��'���vz�:•.�
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<br /> - . rcpair is not ecan��mir.ally fwsible ur I.cnd4r'�scrurity would bc Icsscned,thc insurance procecds shall bc applied ro the sums �' �r�c,y,•���=i
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<br /> � ••�% �• secured by this Securiry [nstrmnent, whether or nol then due, with any excess paid to Bortower. If 14on•ower aband�ns the ;' '•'''��-��v-
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<br />_:��_ � .��'; p y, r does n�x unswer within 30 days u notic� from Lender that the insurance carrier has offered to setde a claim. then
<br /> '�?. �:t'._ Lende: may caUeet the insurunee proccecis. I.ender maq use the proceedc ro repair or restore the Pro ert or to � -
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<br /> secured by this Security Instrument, whether or not then due. The 30-duy period will begin when the notice is given. "'s�"
<br /> Unleu Lender and Aorcower othenvise agree in writing, any npplication of proceeds to principal shall not extvn� or � -- -
<br /> postpone thc efue dAte oi the monthly payrt,ents rofcrrcd ro in paragtaphs I and 2 or rtiangc t he amount of the payments. If .;�x;Y"`�--_.
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<br /> - - undcr paragrrph 21 thc Property is acquired by Lender, Borrowcr's right to any insurancc�olicies ctnd pracceds�csultin� from
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<br /> _��^ damav� m thc Propert,p q ... . y y p..;,.�_�_
<br /> rior to thc ac u�ti�uon shall pas;to L,�,;�1r, tu thc cxicnt uf the sunts saurcd b this 5ecurit Instrument �s.:�'
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