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<br /> . 5.3tvrard or Property'trsurantt. klorrcvrer cry¢��,�p p�y�p�ovemrnu noiv uit:ing m M1a-eaftu erecrcd on Nc Property
<br /> insivmd against loss by fve, ha�ards incWdW witr.in tlrc mm "extuded covengc" cnd any ofha hv�tls,'v¢lud�ng floods r.
<br /> Iloed�ng.Fw wh�vli icn�dcr mquhcs insv'arKe.This insmm�c.SLBI!be maini2ined in Ne amaJnt9 end[W IhC(MtiOds Ihel LCndCr
<br /> dcr
<br /> reau6ra.7hc insucancc czrrier proviiimg @e msw�ce sAail6e chusm bY a�w��bject m Lend¢'c+,�pmve!ahich SLeil not
<br /> be umeuonatiy wiififie!d. if Bcmuwer fails m maintain covuage described aCnve, I.v�der may, az I.ender's oplion, o'ata'v,
<br />�:'`. cocerage tu ivoP.ct Cender's nghts in ths Pcoperty m�ot�anp.�,vrith pvag�aph 7. � .
<br /> Aii uimanet palicieu and renewaLS�slrail be a�ceptaAlt m i.rnda snA shall ucinde a s�sndaN mnttgage clauu.Lendra slWl
<br /> n,;i�c �c rig;t:m hr:d �t,e policies antl r:newals. II Lender repu'utt,Aortaw�iw�l pr.�mp�ly give m Lender ell txeipL^of�id
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<br />. .. prcn;.ms aad renewffi notices.Sn Oie ev�mt of loss.9mrewa shall Bive�ro;�t no'�m.ro�he inmm�ce wria and Lenda.Lrntl+,r
<br /> :rsy m;tkc^.mo[of Ins it nat^��de prortiptiy by Horrowa. � .
<br /> .L'n:ess Len6a end Bearorva oth7:rise agm�:vt rvritng,insunuice jmcm,Ev [�!�ei3?.�:�ppked m iv°�!o�ation or repa.'v of Nc
<br /> 7roper,Y�xgrd.If�ie r�mrnfion m repav u u:cs„-mcsllY frasi6le mid LenHc�'x su+,..'sq�u not ievsevW.If Ihe resroretion ar
<br /> repair is not aanorvticaliy I�,dble c�t.enda's s�xuri:y would be lessenar,1he�. 'u�smance pmcads rtM1ali tA:appGed rn�he sums
<br /> samd b; �nss Ssivip� Inswmrnt, whelM1U m not R�m due, wiN aey caxcc �mid m B�mowa. If Amrowc ab�ndons the
<br /> 1*r,p�rty,or dues not an;wa wiNin 30 daya a notice(»m L¢r�i tl�at�tir_insivance ari�Aas aR�aed m sett2e v clvn,thm
<br /> Ler.EP:nay collect�he inswance pmcxds.Lenda m25'au ih,^p�xaeds ro ra}cei;¢restoee Ne Propea�ey m m pay sumv ucured
<br /> Sy tF�,�s Sx�mty inwNment whztAer m r ot t�ds due.'fLe 3G-day oaiod wiillegin rM1en We nodce is given.
<br /> �';lnl:.�s Lend+r xr,d S�rrowev othcrvnec¢gree in vrtuig,eny epplrsticn of pmc�.is to principal shaii not ezV:nd a;wstp�ne
<br /> the duc d2m a(U:c r:�ont�ly paymenev refe.r,ed Po in par,gr.,nne 1 and 2 or changc�e emount oP ihe paymmcv.I(u�der p::�;gnph
<br /> <1 th ProFCrty u ic9mr,d bY ir.nEe�, Aormwer's riBht ro any insurarzr.e Wl¢i.rs m�d peuceeds res�l[in15 fmm damage iri �h^
<br /> � Fm{�ertY I` or w�h,azq,LLUtion shall Fass ro LendJ b�hc e;cmnt of�he sem.e s'xtucd bY��' Secuxi!Y truttumen[immcdiatly
<br /> p.^'.o:W�hc acqms�hen . . �
<br /> E Occ cancy,Preservalion,Riaintmance nnd Rotectiov oi We Properf9� Borrvwer'e �.oen .4pplieatbv;Leuehold.v.
<br />,,,�, Horsow«shal octt py,csiabLth,ontl use fiie Propecty as Bm�o�+v's principal residence m�hm azty dnys eltu 1he exxufion oi
<br />`^ Nis Saw�ry Instr:;nent and�ANI cnnoiiue a occupy U�e Pro{iaty az Borsowa's arin<ipal res�dertce frn ut leatt one yw efrer rh:
<br /> da;e oI M.cnpv�. y, nn;csx Ler�ler othvwise agxs in wriling, which cc:isan shall.not� unreuonnbfy wiNhe(d, or unle,c�
<br />#.: eztenuzm�g cvcumsar;ces esist wh¢h s re heyond Bor.oner's conaol.3ormwer sheL'not destroy,dnnu;e ur'vnpa'v IAe RoF�ty,
<br />� ' aliaw Ihe P rleny to dctenoaU., or imm�it wuw on �fie Property. Borsowu sha�l be in deCault if c^.y fortcimre acGon or
<br /> prociedsg �nc�lLe�civil or rnminai,vs begvn�haz m IFnda's good fe�U:judgmenemWd rtsW m or(eiaue of Ihe Prope�ry or
<br /> a�e:w�se mrtriaJy unpa�r�e lien cn�ted by �t�s Saanry Instline�n or Lenda's sreurity mrcrs.t Ho:mwv mav cwe s��ch a
<br /> CeCaul[ a�d r nsptt, az �rcv:dvd in paregaph IB, by causing th.e acaon m pro:ted'vng 1q be dtsmis�ed with a ruiing Iha1 m
<br /> LcnLer pcou Cv,h Ce�^cmma4on,preciudes farteia.e oi�:e Hortawu's inWCSt in the Proputy or oNa inaicnel impa'vment of
<br /> �fic Len crearcA by�e�ie Secm�ry Instrument or Lendri s secedq•int•res�.Bc�mwer shffiI�dso be in de(ault it Bortowa,duriny ihe
<br /> loan applir.itiun preus;.Save matenalil't�or ina.cwale in!mmarion er smtemens m Ler.da'lo'fvled m proviAe LenBu with
<br /> any mzirs.il info:msuan) in connectior. with�e loan evidmcetl Sy Ihe Np�e,�ine!vtling, bu[ m[ limitui m, rcprest.matio�s
<br /> cucceming Bortnwn's aaunaney of Ihe Propemj es a prineipal msidenca If Nie Secudry tnstroment is o!:a Icsehol;,Bortower
<br />;� shall remply�aitti a11 ehc provvons of;hc Icase.If Bortowtt acqu'ves tw tltle io ihe Rucerty,ihe IewJ�o17[v,d�he fre titic sh�li
<br /> no[mc:ge un:css Uodp ag!tts m the rt:erSV in wTitlng. .
<br /> 7,e rottttion oP S.enderts Riqhts in[he Property. It Bonewer fatls to puform ihe covcnan�s and agrcenwnts wnteincd 'c;
<br /> Uiis Sefw ry In +*�:m�e!, oc�here is.a kgal p�vettding I�at muy signJCantly afket lender's righis in Ihe Propetty (such ar a
<br /> peocecAing in banlwptcy,pmba�e,(or eondemnarion or krfeiWre or m enforcc laws or reguaGcns),:AMi Us.dv may do anl pay
<br /> :or wha�.acr is nxzssary ro Drotect�he r:.lue of Ihe Pro�.ny m�d Lrndci s rights'v,fie Propeny.4nA+�%s ecrions may inclutle
<br /> paying any sums secur^^ by a lic� whidi hns pr.M!;� cver Nis Security Insm�mxn4 app��g u: cowt, DBY�B �sonable
<br /> a�r.,cYS' (ws and enmiu�g on ihe ?:ope�ty m make 2pairs.Al�hough�Lende rnaY mke acrion ivr0er 1hu p¢ropj�h }.7.enAp
<br /> � docs wt tave a tlo so. � �
<br /> My;�mounts d"sbursM by Le-itler under this peragrzph 7 sM1aV'xcome eRditlonal debt o(Sortvwu axnr,d by�ris Secvrity
<br /> Instrumcn� Unlcss Borcower end.l.ender agr� tcr other lemis of peyment ficse amounts shell bear in4:rst irom Hic daw nE
<br /> Cisbursenent at tAe No�e ra¢ar:d shan n�paysb;e,with intems4 upon netic f�m Lendcr to Bcrrowu rcouesCng peymenL
<br /> 8.Morfgage Insurence. If LenCer rei.�u'ved mort884c inswance as e mndioon of ineking ihe Iw,n secured dy�ha Security
<br /> les'.n:�nrnt, Borsuwer xhall pay ihe pamium; mqu'ved fo mainpin �nr martgage insurance in e:tttt If, for a:y r:ason, Uic
<br /> me^gaS�; inswance corvaEc:equ'ved by Lendtt lapses or ceams m pe in effw.4 Dortowc�shnll pay�hc➢�emiums rtqv'ved io
<br /> obc.ia cuveagc subs4inti.ily cqoivalen[ iu the mortgage insurance previously i� cffx4 a[a rosS mbs�anoally ryuivaier.t�o u4e
<br /> rost in 3orrower of�he mon.gage insurance �reviously in effst, Erom m sllvnaV, mongage msurer eypmved by Iender. If
<br /> subswn[ielly cquivalent nongage insurance wvetage is rtol available, Bumower shall pay Io Lender ez;h mor.h a sum eqval mr
<br /> one-[we1[�h eC�hc yrarty mor,�:ige ir.<wance premeum being paid Ly➢onowu wM1�m the insurance coverage tapsW or ceased to
<br /> 6e in elTecc icnder will aw°p4 uu and reaain Nrse payments as a loss resrrve in Geu of monp�age insumnce. Loss reurve
<br /> Pennl020 B/90
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