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<br /> -- - - -- ,��nrd or Prnnerty Insurance. BomDwcr shaU fu'cp tha improvements n6w c�L�Wg ac heral�cr eractod on�I�e Propcxty 4.
<br />_.-_. ��___�.y • tnsurod ngainst loss by firo�ha7ards inciuded�ithh►tha term °aatrndod omreragc"dud�y ot1►er h�•rer��in�ludia�tiaodr a� _
<br /> Elooding,far which J.cnder raquites Insunance.Titis L�su�ar�e si�il 4�a maFntai�!n tha amoun�end for We peatad�tf�I�t!�e�r
<br /> nquiroa.The Iaturau�ca carrt�v ptovlding tha insurance ahAll bo etwsen by Harawei aubjoct W I.cnder'a y�p�ov�i which s1o�U t�ot
<br /> 6e unraw�bly withheld. IP Hosowu fii4s w m�int�in cov�go d�bod a'bova, Latida �rtay��et La�4a's optian� obt�in
<br /> oovatga to Amtect i.endtx'a dghu in ttb Pmpaty in�ccadmoe�rith putgra�t►7.
<br /> — - � AU Ic�we�ncc paltcic�r.ad�nec�ul�sh�ill be�"-bM tn Le,�c�end ehall inciudo a standsrd moro,g�e cLmo.Lrsader th�l
<br /> have the right b hold tba polkl�v and renewal�. I�Lr,�dAr eaquirea.Bamowet shaU P�PUY�ve tn L�der all rooeiptt t>f pdi! �- -
<br /> pnmivms and cenewal notice.v.In the avem of bs�.Borrowrr shall give prompt nodc,n ta the inaunu�carrier�nd I�onda.Lea�da
<br /> ,�p may make proof of loss if not mado ptompdy 6y Bonawcr.
<br /> Unless Leader and Bormwer oiherwisa agrce In wridng.insuranca Praceeds Rhall ba epplied to rrsta�tion�x[epir ot tha
<br /> proppty damaged�if the reswradon ar repatr ls ocoaomicaUy feasibk and Leader's s�curlty ts notlrssa�d.If iho resta�tlon ot
<br />. `--°---_--_-� r�pair ia na�t ccanamically f�ible a:Lender's se�ur[ty woutd be lessened,tha insuramca pmcee�s alttili be epallod to tho sums � _.
<br /> — secured by tbis Se�urIty Iasaument,whether ar not then due,wlth any e�ccess paid to Bamowea. It Baro�uee ab�ndo�u the
<br /> — -- Prope:ty.or does aot answer wttl�►30 days a notice frow LeAder that the lasu�anx c�rda has offacod to seple a cl�n.then
<br /> -- Lertder m�ay collect the insivance praceeda Leader may t�se the pro�aeda w repair or res0oro ihe P�ope.rty or eo pay s�oms� _
<br /> � = by this Socmity Iazuumen�whether or not then due.'1he 30�day Period wj111�e8in when the notice is giv�.
<br /> ---- Unless I.ender and Bormwer otl�eiwjse egrec in wridng,ar►Y eFpllcadon of pmca,ds w prIac�pal shaU not extatid ar postpoae
<br /> _- the due datc of tho monthlY PaYments refem�to in peragraphs 1 end 2 ar change the amount of ihe paymeats.lf unda pa�sgtaph
<br /> -��a��.�! 21 the Proputy is acquired by Lemder,Hormwer's risht to eny Lisurance policics sn�proue�s re�ldag from dmnaga m We . ..
<br /> _-�:�.� Property prior to the AoQuisIdon shall pa�w Lender to the e�ta►t of the sums securod by t1�is Securtty Insima�ent irnmedlateiy .�_
<br /> „ ,.�,.r��� PrIoe to the�auL;�Uuu.
<br />, rf t _ 6.OccuPane9,Fteserv�tion,Maintenance and Protectton ot the Propertyi Borruwer's Laan Applieatba=I�sehok�s. ��':
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<br /> �°�;°�;-''� Hoirower shall occupy,esmblish,end use ihe Aropaty as Borrower's princ[pa!resideatce witttin sixty days aftrer tl�e ca�oeutk� r_=A-
<br />"-�;:�:"�±;��•- this Security Iastrumeat aad shall condttue w accuPY tho Property as Bomnwea's principal resiQeuce for at Irasi one year after the a9
<br />;�;.i�•:t,�: date of oc�cupuncy� unless Lender otherwlse ag�eES in wridng. ahich consent shaU not ba unreasonabDy withheld,or unless M
<br /> `.�«i- a�etenuadng cinumsmnces exist whicb are beyond Bomnwer's control.Bonower ahali nai desi�oy.damage or impair tha PropeKy. �-=
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<br />-,;•,.�r. aUow the Pmpe�rty to deteriozafe, or commit waste on the Property. Bonower shall be in�de�aaic if any forfelwre acdon or �-"-,
<br /> -;;';' ' �,, procee�iag,whethet dvll or crimtnai,is begun that in Lender's g'aod fatth judRrnent coWd resutt in forfeiUUe of th6 Pta�umty or
<br /> ,.''w' oiherwlse mate,riaUy impair the Aen created by this Security Iastrumant or Iandea's securlty iaterest. Borcower may cu�e such a �
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<br /> , �� �', default end reinsmte.�s provided in pacagrupb IS.8S+ca►�si�8 iha actiaa os�g Ea L��t�ish s�lfng�st.itt .,_
<br /> � " i'"'-� Le�tdec's gaad feith det�rrmination�prccludes forfeIture of the 8oirawer's interrst in the Properiy or other mate�ial impaftaunt of
<br /> ; ,..... t m ��.
<br /> � the ltea created by this SecurIty Inswmeat or Lenda's security interest Bomuwer shail also ba in det'auIt if Bomawer,during she ---
<br /> . Ioan appllcadon gracess.gave materiaily false or Inecc�uate infom�adon or statements to L,euder(or failed to pmvide Leadcr wlth •'-LL
<br /> " �� a n y m a t e r i a l i n f o m�a t t o n) i n c o n n e c t i o n w i d►ahe loan evtdenced b y the Nota. lncluding,but not Wnited to, repre�atattans �-�
<br /> �'�`;:.:'Ta,� ,� concerning Bonower's accupancy of the Propea�ty as a principal residence.If this Security Instnunent is on a leasehold,Boaow� i�'�,,
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<br /> :.��.�;;" shaU comply with e!1 the pmvLsious of the lease.If Borrower acq�ires fee dde to the Propeaty.the leasehold end the fee Htle shali j,��.
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<br />:;w:��.� :�,�s �a; not merge unless Lender agrees w the me�rger ln wrldng. f:?;.
<br />-��.���;�.�� - 7.Protectbn of Leader's Rlg4ts in the Property. If Borrower fails W peifomi the wvenants end agreeraents conteiued In .�,__:
<br />�t:,....:"A"� this Securlty Tnsuument,or there fs a legal pcoceeding that may sigAifu�►tly affect Lender's r�ghta in the Prope�tY(such as a �--
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<br /> ;.. ,.••,,.�; ,� pmceeding in bankcuptcy,probate,for condenwadon or farfeiwre or W enforce lawa or regulatIons),then Lender may do and pay
<br />-=-�'.. , .y... for whatever is necessary to pmtect the value of the Property and Lender's rights in the Praperty.Lender's acdons may incl�de ', �.
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<br /> ;.�.�.�-.,,,... payIng any sums seaucd by a lien which l�as priority over this Security Insuument,aPP�uinB�n court. PaY�B ���
<br />:,:-,.:8:-;�-,;�.,�, Stt01'I18y8' fces and entering on the Property w mAke repairs.Although Lender may takc acdon under this pan�graph 7.Leader .,
<br />:,F`.�:�_�-;�' � dces not have to do so.
<br /> _��•,�;;;;,�: My amounts disbursed by Lender nnder this�vagraph 7 shall become addittonal debt of Borrower sec�red by thia Securlty
<br /> -���• ,,; : Iastrumeat Unless Bomnwer and I�cnder agree ao other terms of payment,these emounts shalt bear intaest from tde date of
<br /> _ �':, • disbursanent at the Note rate and shall be payable,wlth interESt,upon notice from Lendcx to Borrower requeshing paymeat
<br /> . ' S.Mortgage Insurana. If Lender required mari8a8e lnyurance a4 a condition of snakL�g the loan secured by this Security
<br /> ��. :�.:.. PaY P ngage Insnraz�ca in eff.ect If, for any reason, We
<br /> - _.-�;�,�-,-. Instrument, Borrower shall the remiuma rcquired w maintain the mo �
<br /> ''^ �' �.`';�`' mortgage ins�uance cflverage required by Lender lapses or ceases to be in effecx.Boaower shati pay the gremiwns reqnued to
<br /> :,'>,:, .. ' . � obtaiu wverege substmtt�ally equivelent to the mortgage insura�tce previously in effect,at a cost substaztdally equivalent to the
<br />� . :�:-A: �• �. wst to Borrower of the mortgage ins�uance previously in effe�t, from an alte�nate moitgage insurer approve�by Lender. If
<br /> ,; � -���. "T substannally equivelent crtortg�ge insucance coverage is not aveilable.Bomower shall pay to Lender each month a sum equal w ;
<br /> � � one•twetfth of the yearly mortgage insu�ance pnem3um beinB Paid by Borrower when the insurarece covesage lapsed or oeaced to
<br /> ' �� b�tn cffect Lcnder will aocepi, use a�d retain these payments as a loss mserve in lieu of�nortgs�e ins�uance.Loss re.secve
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