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<br /> _ S. Haxwr�! or 1'rnd�erty I(tnur�ncc. l�urrower hhall kccp tiic inipruvcmcnt� siow axlntfng nr hrrcutcer �rcc:trc un tl�c
<br /> � • p�r,�►erty in�urr.d ugulnst loti�a hy firc, hu�.urds Includcd within�hc tcrrn "cxt�ndccl covcn�gc" i�cl imy othc�huzurds, including
<br /> � floocis ur flFe�iding, fi�r�vhich I.cndcr rcquir�s im�ur:tn�:c.'i'idw lntiur+incc:;hnU ha midntuit�cQ in thc imi�unix utxl for thC peri�xie
<br /> . thut l.ender rcquires. Tlic i�isarunce r.irricr �iroviding dic iu,u�N;�c�:.lial: b;:cL�r.,cn hy Cnrroe:cr sUbj:•�t t�t t endf�r's nnprr,vnl �-- -
<br /> whic!� shall not Nc unrc,�sim�:bly aithNcid. If Aorr�iwc�•fnils tn muhttafn covcrugc dcs�ritxd ��bovc. I.c�xler may, ut l�:i�lcr�
<br /> -' `� opticm,obtuin covcragc to��rotcrt I.cndcr's rights in thr.Property in accordancc with parasruph 7.
<br /> A!1 i�isurancc {x�li►.ies anci rcncwats shall Bc ncccptablc to L.endcr nnd shull include a standurd mortgiige claus�. i.cnder
<br /> -- — = shzlt have die riglit to liold thc poticies�nd renewnls. If Lender rcquires, Borrower shall proniptly givc to[.ender ull reccipts of �
<br /> paid premiums and renewal notices. in the event of lo�s,Dorrower Ehnll�ive prompt notice!o the insUrance carrler and l..ender.
<br /> � I.ender may makc proof of loss if not made promptty by 13�rruwer. --- -
<br /> � Unlcss Lender and Borrower othcrwise agrcc in writing,insurance proaccds shall bc applied to restoratton�r repair of the
<br /> Prope:rty danTag�t,if the res�oration or repair is economically fensible and l.,endcr's security is not Icssened. If the��estarntlon or
<br /> repnir is not economically feasible or l.ender's security would be Iessened, the insurance proceed+shall be appliecl to the sums
<br /> secureci by this Securi�y InstrumeTMt, whether or not then due, with any excess paid to Borrov�er. if BorroNCr ubandons the
<br /> Pro�►erty,or does not answcr�vithin 30 days a notice from [.efidar that the insurmue carrier has offerecl to settle a claim, tlten
<br /> - !_,cnder may collect the insurance proce,eds. Lender �nay use the proceeds to repair ar restore the �rop�rty or to pay sums
<br />----= securccl by this Security Insirumant,whc�ther or not then due.The 30-day period tiv�ll begin when the notice is given. -
<br /> - Unless l.ender and Borrower othenvise agree in�vriting. any applicatian of procecds to priucipsil shall uot extend or _
<br /> = :ii pastpone the due date of tne moniiii,� puyu�c��c; �cfc;rtd :o in �arabra{:hs ! rtnd 2 or ehange the a�rnoi�nr nf the pnvments. lf =
<br /> � under par.tgraph 21 the Fiuperiy {s uu�uitc.d ty;.�,r�cr,Corra::�e-'�righs to any inst��anc�pnlieicc nncl proeeeds iesultin�fcom
<br /> __ darnage to Che C'roperty prior to th�ucquisition shall pass ta I.endcr to the extcnt oF the sums sccurcd by this Security lnstrument __
<br /> � Immediately prior ta the acquisition. - -
<br /> 6.Occupuncy, Pceservation.IVlaintereance and Fratection of the Property;Borrower's Loun Applicution; Leuseholds. �r,;�
<br />=-�-_�='�� Horrot��er sha(1 occapy,estahlish,and use the Property as�otrower's principal residence within sixty days after the execution of —
<br /> _ -_� this Security Instn�ment and shall continue to occupy the Properry as Borrower's principal residenee for at least one year after
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