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<br /> S. Haa:rd or Propetty Insnraace. 8onower ahell keep the improvemente now extsting or hereafter erecte3 on
<br /> the Proporty lneurod egeinst iose by firo�hsurds inoludcd wiYhin the tetnn"eztended coverage"sn�d any other hazsrds,
<br /> includin��lasa�or t!�lna,for«lsieh I,Qnacr requ�reo in�r�.This i�snrenca�hslt t�maintaluect lu tt►e eria�;�t� _
<br /> end tor tho podods thet l,ender raquires.Tho lnsuaucce carrIer pravIding tho inaurance shsll be ohosen by Borrowor
<br /> subjcot W I.ender's�pproval whtch ehdl not be unraeAnably withheld.It Horrower taile to msintaia coversge daeoribod
<br /> above�iandar nney.at Londer's optlon�obteln aoverepe tc�proteat I.ender's dghte in th�Praperty in accordance wIth
<br /> pux�raph 7.
<br /> All insursnce poliatne aad nn�wtte eh�ll bo acceptnble to Lertder and ehsll Inolude a etendard mortga�a olsvse,
<br /> I.onder eh�11 hsve tho e��he eo itold tite poltciea attd reuewsls. It Leader ce�ulres, Ibreower e}wi{ �ronptly �ve to
<br /> Leader d1 ee�xipta oip�d premtume and roaowal notices.In the eveut of loae�Borrower e�ull give prompt nodce to the
<br /> inauraaco esnter and Gmder.Lender m�y meke prooi of loes tf not made promptly by Borrower.
<br /> Ualeea I.ender ead Horrower othorwlse agree ia wrtung,insuraace prc�ceeda shall be applted to rratorat�on ar r
<br /> af tho PropGrty drmuQad�it the r�wridoa or repaic ie ccomomicelly fex�lble aad Laader's se�urity is not lesseaed. tha
<br /> rostoratton or repir ie not economtcally ieasible ar Lender's 6eaurIty would be lessened�the insurance Froceeds sb�l l be
<br /> •pplied to the sume eeaured by tl�is Seaurlty IASirumeat�whether or aot thea due�wlth any exaess peid W Bornoaat.It
<br /> Bon+owor abu:dons the Property.or does aot answer wIthia 30 daye s aotico irom Lender that the insureace anler hea
<br /> oifen;d to aettle a el�im.then Lettder msy colleat the iasuraaoe prooeeda. Lander mny uoe the proeeeda w t+epa�s or
<br /> reswro tlio Pmperty or to psy suene ar�aurod by this Secwtty L�strumeat,whether or not then due.The 3o-day perIod wiU
<br /> bagin when the nattee Ie gIven.
<br /> Uale�Lender and Hotcowet otherwIse a�oe in wdting�aay appl�catton of preceeda to prlacIpal ehall aot extead or
<br /> poetpone the due date of tt►e monthly payment�retetred to inp�ra�raphs 1 ared 2 or ehange the amount oi thepsymeata
<br /> If uader pratraPh 21 the Propartyr te aoqujrod by I.easlar� Borrower's r� t to�ny iAS�uaace polieIes and procoods
<br /> resultiag irom d�mage to the Proptrty prIor w the�vqideluoa s}ull pass to�to the eitent of the eums eocueod by
<br /> 4hts Securtty Instnimant iminediatoly prIor to the acquIeit�on.
<br /> 6.l�ccesg+�a�y,Prr.s=realloa.Matatemeaca and Psete�tien ai EL+s 1�e�.:y;A�srrr�z�sr°e 1.ran Applir.�t��-3; �
<br /> I.ea�eholda.Bomawer etull ocaupy.eatabl�eh.and u�e the Prnperty es Bomower's prluclpal i+esfdence withia etaty days
<br /> ait�r the eueautioa oi tbie Securlty lnstrument and ehall coatiAUe to oceupy the Propertq ea BosmWSr'e principal
<br /> residance tor at last oae yeat after the date of occupen�ayr,uAless Leadar otheraiee age+ees�n wdttAg,whioh coASeat ahell
<br /> not be unreasoa:bly eithheld�or unle�s erteauating cIraurashaces e�et which ere beyond Bornower's control.Borrawer
<br /> ehall aot destroy�dam�ga or imp�ir tho Praperty�aitow the Property w deteriorate�or commit waste on the Property.
<br /> Bornower ehell be in doiautt tf any torteiture ectlon or prdcceding,whethor cIvil or crlmiaal.ie begun that in I.endar's
<br /> good faith judgmaat could result in forfeIture oi the Peoperty or otherwise materially Impeir the Itan craatad by tf�iie
<br /> Securlty Iaswment or I,encler'e security intares�Borroaer may cue+e suah a defanit and rtliasato.es provlded ia
<br /> pnragra�ph 18, by causing the aodou or prxeediag 4o be dism�issed with a ruling that. ln Landar'8 good taith
<br /> detarminatton.precludes fortaIture oi the Hono�ver's iates+eat ia the Yroparty or other materisl impdrmeat of tf�e iian
<br /> created by this Seaurlty lnswment or Leader's sxurity interest.Borrower shdl nleo be in defeult if Horroxer.�uring
<br /> the loan application prooe�ss, g,ave mtterlaUy false or iaaccurate Inforn►ation or state:neats to Leader �ar failed to
<br /> provFde Leadar wlth aay matertal informstIoa) ia coaaaation wIth the loan evidenced by the Note�tneluding.but aot
<br /> Uzaited to,represeatat�ome ooncerning Horrower's occupauay ot the Property as a prlaclpal residence.If thte 3ecurity
<br /> Instruanent�e on a leasehold,Bonower slull comply wIth all the pn�visioae ot the lease.Ii Borrower ncx�uires fae dtle to
<br /> the Praperty.the leasehold aad the fee tttle shdl not marge unleas Lander ag�to tha nserger in writing.
<br /> 7. P'rotcction oi Laader's Ri=hta ia the Propertq.Yf Horrower i lai e to partorm the covenaats aad age+eemaate
<br /> conteinad tn this SecurIty Instrumaat,or there ie a tegal ptoo�diag that may sIgniticaady ai{eat Leadar's rIghte ia the
<br /> Propertq (sueh es a proceedtag In bankruptcy, prabrt�, for oondemnatton or forfeihtt+e or to aaioroe laae or
<br /> regulattons).thea I.auder msy do aad pay for whetever is naxaeary to protect the ealua oi the Property and Lender'e
<br /> rights in the Pmperty.Lander's aatians may Inelude psyiag any sums secured by a liea Mhich h�s prIority ovar this
<br /> Secunty Inetrument,a ng in oourt.paying rasoaable attoraeys'!as aad eat�ariag oa the Propertq to rnake ropsirs.
<br /> Although Leadar rnaq tak�e actton under tbls prsgnPh 7,Lender does aot have to do so. .
<br /> Any amounte diebuteed by Loador under this p�ragraph y shall beoozne addttidnal debt oi Barrower secur�by ttriis
<br /> Socudty G�strumaa�U�1ese Borrower and Leader�grce to othar terms of payznen�these amouate shatl b�xr 4aterest
<br /> itom the date of dleburaement at the Note rate nnd eha11 be psyable,wIth iatarasi.upon aotico from Lander to Bon��ver
<br /> requesti�ng paymea�
<br /> 8.Mort:a je Iaauraaca.If Leader required mortgago insuraace as a conditian of ineking the loan exuted bq t�ia
<br /> Secur�ty Ipatrumaat,Barrower ahall gay the pros�niucns rcquired w meintnin the mortgage iasvraaoe ia offect.If.for a»�y
<br /> reason� the mortgugo insuranoa coverago requited by Leadar lapses or ceasea w be ln etfect�Boarower shall pay tAe
<br /> premtumg requIrcd�o obtatn covernge subseaatiatly equIvalent to the mortgage In�uranoe previously tn effa�at e ooet
<br /> substaatlally equiveleat ta the cost to Borrower oi the mortgaga iaeuraaco praviously ia effect,fmm ari altemeta
<br /> mortgaga ineurar approved by Lender. If aubstnntially equivaleat mortgege insuraace coverage �s not available�
<br /> Borrawet shail psy to Leader eaah monih a sum aqual W ona'twoltth of the yearlq eiottgage insurance prest�;um being
<br /> patd by Horrower whea tho iASUrance coverago tapeod or ceasod to be ia eifeat,Lestder will aecept�uae aad retaia these
<br /> paymeats es s loss reserve ia liau of mortgege imeurance. Loas reserve gaqmeat� �nay ao longer be required,
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