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<br />' S' �� °C ��'°�e+4Y jn�ranee. $occ+ovver �all ketp the �p�uvnaea� �, �:,� �u: n�tLer eineted on the
<br /> �P�nY �nsurcd agairnt ioss by fm. �cds mciuded withia ttee tecm 'qctt�ded�v�e-��}'���. inclndivg
<br /> Soods or flrading.for which L.a�der ieqci�s�.Thia�s6all be ammdined in t6e�mts and foc the paiods
<br /> that Ler�aer reqttirts. 'f'.te i�carrier ptwidin$tlte��tt[ac�oe shall be cl�osen try Bo�
<br /> which shai! not be�nreasonab�y withheid. If Borrower fails to mainaia �to�.rndar's a�ptoval
<br />�, option.obtaen covaage to protect i,rnder•s rigl�s ia the P m ��ribed above. i.endtF asay, at I.ead�r's
<br />� All ituuratict �c�es and �y. ����•
<br /> P� renewals s1�11 be acceptable to I.r�da and shall inctude a standacd
<br />� shal!have the right tc hold Efse po�icyes arn1 r�w�s.If I.ader IDO�����• �
<br />,! paid cremiums and renewal nc,'� �•Bormwer shat!pt,a�xn,give M I,ender all�eipts of
<br /> Lender rttay make proof of I . i�Imade�emt of I�ss�Borrrnvez sh�A give prom��t n��tn the inwranoe carriet and L.a�der.
<br /> • � F���Y�Y Borrower.
<br /> Unless Lender ard Bonrowcr othcrwisa agree in writing.imaratxc proceais shall be applied:o restoratioe or rcpair of the
<br />, F''oPertY d�ged,if tF.e restozation or repair is oconomically feas�'ble and Lrad¢�'s sec�rity,is not I�.If ths�storaticm or
<br /> repair is nvt e.conomically feasible or Lenda's xcnrstv would be fe�d,the'
<br /> secured by this 5�ccuriry Itutrumen�� R•}�ei}�er or not tlaen dne, wiitt �P�S shall be apQiied tc the sums
<br /> Property, or does not answer within 3�da s s not;se fr+om �Y �Oas paui t° Borrowtr' If Bormwer abazedeae the
<br /> Le:xie: � y I�i dmt the ingurance c.arrier has o�tQ sdtle a claim. the�
<br /> � secured b thi�,Securiheiinsurance proceeds. Lender may use tLe P�ds to c+epair or restore the or to
<br /> Y ty nsttvmrnt,whtthtr c+r not t�dtte."I'be � � S� �
<br /> Unless I.encier :�x1 Borrower othernise a �y�od will begin whai the notice:s given.
<br /> Postpone the duc date of the monthi � in writin3• �Y �ication of pe000eds to principa( s.'tiall not ac:end or
<br /> under Y Paa'mems referrtd to in paragraphs � aud 2 m d�����of the payments. If �
<br /> P�B�Ph 21 the Pmperty is acquirad by I.ender, Borrowa's right!cs anY insuranoe poticies and �
<br /> da�mag�to the Propert}prior to the acquisitaon shall pass to La�da to die ezte�t of the����,�,�ns .�t���t
<br /> immediatcSy prior to the�cquisi6on. �
<br /> b. Oc:��Pan�y�Pr�vstion,Ma;atenance And Protc.:tkru of tLe Propests;Borrawer's i.oan Applkatton:I.�olds. ��
<br /> Borr�wer st�ali occupy.establish.and ust the
<br /> this Security IRStra;ntnt and sha(I contirnie t������'s����s��°1ithin sixty days after the uecution of �
<br /> the date of occupancy> nless I.ender acherwiu�Py���ffi����5 fi°��resitltnce fot at least one year aR•_r
<br /> � agras in writing. which coruent sh�ll not be n �
<br /> ecte�aatjng circumsta!;ce,s ezist which are �'�ably withheld. ot ualess
<br /> Property, allaw �'�e Pro �� BO�O�'er's cortral. Borrawer shall not destro},, d��� m impair the �,
<br /> perty to deteriorate, or comrnit w,a�te on ttte ptoperty, I`,�r�+�R,,er�� � �n deEault if any forfeiturc �
<br /> action or procee,ifng, whether civi!or criminal, i5 b�,�n�t in L.tnder•s good faith jndg:nent eoutd :esult in Porfeiturc of the �
<br /> Property or otherwise materially impair tFe lien created by thi�Secvrity Instrument or Lqyder•s socttrity ir.terest. Bor•ower msy �
<br /> , care such a default and reinstate,as prnvided in parngra,ph �g.b},c�,.s��g���on or proceeding to be dismissal with�s ruling
<br /> that, in Lender's good faith detertnination, proe)udes {Oif'tt�UTC Oi t�1� $py('pqra•S �ntercst in the Property
<br /> impairmer.i of the lien created by this Security lnstn�ment or Lerde�'s secvrity �n��� ���r�� �������ulnif
<br /> Sorower, during ehe loan anpt:qtion process.gave matrrially false or inaccurate information or sta[etticnts to(,ender(or failod
<br /> to provide Lender with any naterial information)in connection with t!x loan e�,��by�Note. inciteding,but not limited
<br /> to, repr�sentations concern�n� Borrower's oocupancy of the ac a n�ui 1 resiclesxti. p:� .
<br /> lessehold. Rormwer shail comply with a11 the ps^ovisions o�j�. I ft go�,�,� �ir� fea G�'tten o eF���p�ny��
<br /> leasehold and t�re fer_titl�:shul!nat merge unless I,ender agr��o����n�;;ng.
<br /> 7. Protectton of Lender's Wghts in the
<br /> �Y•I�Borrower fails to perform the oa�venants and agreements contalnect in
<br /> this Security Insttv�rnnt, or thorc is a legal proceeding thm mey significantly af�ect L,ender��righ� �n the
<br /> P�a'�ding in bankrnptcy, probate, for condernr�etior,or forftiture or tn tnforce laws or regulationa), then t�nd r rnay do end
<br /> pay for whatever is n�cessary to protect the value of the Prop�,�ty� ����s �gh� �n the
<br /> inrlude pnying any sums securcd by a lien which has priority over this Sexurity InsWm�;��rtY� ��er's sctaoru msy
<br /> rcasonable attorneys' fees and entering on the pmperty�o rr���� q�� h aP!'�ng in court, Qay��g
<br /> 7, Ler.der does not have to do so. g �tr�Y�e action under th���uag�h
<br /> Any amounts disbursed by tr_nder under this paragraph 7 �ha(� b�nx ��tional debt o{ �r.,o�r �� by this
<br /> Security I��,strurr.ent, Unless Borrower and T.ettder agree to other trnm of payment. these artxwnts sfiall bear interest from�he
<br /> date of disbursement at the Note rate and shzl� be payabl�� W,�W ���, ��� ���.e from 1„cnder to gorroa�,er requesting
<br /> paymenL
<br /> 8. Mortgage Insurance. If Lcnder requir�mortgage insurance as�ron�lition of making the loen secured oy this Security
<br /> Instrument, Borrower shull p;�y the premiums rtyuired to rt�sintuin the rrtortgage insursnoe in effect. If, for any reason, the
<br /> mortgage insurar,ce coverage eequired by L,enda•iapses or ceaxs 3o be in effect. B•�rrow�er shalE pay the prcmiums raquircd to
<br /> obtain covera�e r,ubstt►ntially equivalend to the tnongage insurance preveously in effert, at a rnst�ubstantially equivalent to the
<br /> cost to Borrowe: af the mortgage insarance previously in �fket. from un altt�nate mortgage insur+er appr+aved by Lender. if
<br /> substantially r,quivalent morcgage insurance cev�rag�is not availablc, Borrower shalt pay to L.rndar each rrbnth a sum equsl c�
<br /> one-tw•elfth of the yearly mortgage insurance prcmium being�tid by gorrowsr q,}���B�roVe�g�,lapsed or ceased to
<br /> be in cffcxt. Lende; will accept, use and retain the�e paym,,��� a loss r�ve in lieu of mortgage insurancc. I.oss reserve
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