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<br /> � . , � • � : 95- i045:92
<br /> . s.Nanrd or�roperty Inaw�noa Honowa shsll keep the improvementa now e�clsdng or hereafter crocted an tbo Property .
<br /> _ ins�red�a�ainst loss by Mo.da�ards iucluded wItbin �ha term "cu�tended covcrego"and any athcr ha�arde.i�cwding tioodsi or
<br /> j ,. . tlooding,for wbich I.enda requires insuranca.'fils insurencs shall bn maiatafined in the amounts and for the pesiods that Lereda ..
<br /> , req�ic�ey,'i1►e insurance caaiea prnviding the inauranoe shall ba chosaz►by Bomower subjxt w I..ender's approval wh�ch shall not
<br /> .� � be unreasonably wIthkheld. If Bomnwa foila to matatain coverage d�cribed abovo. Lender may� at Leuder•s opdon. obudn
<br /> ;;�E.�1• cove,caga to protect I.euder's rigR►ts in the Property in eccordanca wlth paregrnph 7. ,�
<br /> ;:�.-.�,�r• AU insurance pol�ies and roaewals sball ba sccepmble w Lender and shall includa a smndard mortgnge clae�se.I.ender sh9U
<br /> �j'�� ^ .. have the rlght w bold the pollcios and m�ewals.If I�der nqulre�Bocrowu shaU pramptlY Sive w Lenda all rece3pts of paid ,..
<br /> � � . ptem[ums and renewal aodces.Ia tha event of loss�Bomowu shalt givo prompt nodce to tha ins�uancc camter and Lenda.Leada
<br /> - rn�y taaice praof of loss ii not mada pmmplly by Som�wu. ��
<br /> Uakss I.ender end Bormwer othetwlsa a�ae ia wridng�jnsurauco p�s�dall ba eAPlfed to��adon ar zr,pair of the �'•:%
<br /> .. � ptoperty damaged,if the restoradon ar regair is ocanamfcalty feaslble end Lender's securlty ia not lesseaed if tha reswra�on or �
<br /> ' ° ..;;': scpair Is aot e�onomica]Iy feasible or I.ender's securtty would be lessened�the lnsure�tce pmceeds shaU be eppllod to We sums �,:
<br /> ... .:°` sea�red by this Secutity Iastrumwt, ahedter or aot then due.wIth any excass paid to Bomnwer. If Honower abaadons the "
<br />`=-"== "�.��'� �nog�xty� or daas rtoi aas�er c�t 30 deys a aotEce fmm L�ndca that dte insurnnco cart�et hns offerod w senle a claim.thea
<br /> _�:.'� . I�eadet may collect the insvrance pmceeda L�euder may uso the prooeeds w repair or resmm the Prope�ty or to pay soma sec�red �;
<br /> �:_°�v=,.::.''."�'"S -�.
<br /> N -, �> by this Securlty inst�wnen�afiether or not dten due.T7►o 3Q-day petiod cvill begia whrm tho nobice ia givru. �
<br /> : � " . � Untess Lender and Botmwar othe�vise agt+ee in wrldng�any appllcetion of pt�oceeds to principal shall not e�ctca►d ar pos�l�one
<br /> - . � `�"� �:,;; the due dau of the mondilY paymeats refeuod to in paragraphs 1 and 2 or cbaage the awou�nt of d�e payymauts.If under paiagrapb
<br /> � ,-�1, ` 21 the PtopaOy is acqaired by Leader.Bcirr�wer's dght to any insutanoe palicles and p�s t�sultizig ftom damage w tbe �;:
<br /> ; ::;y,�'':,;�1"�,'�:�. PooF�Y P�to ttro acqoisIdon shaU pass to Ixnder to the ca�et►t of the eums secu�d Ey�his Security Insaurneat immediaLely �..
<br /> ;s`;�{�,�f;,; priorart�acqui�don. �'�::.
<br /> �"'',,,, :';�< 6.Occups�ncy.F�+eservation,Matntcn4nce and Protectlon at t�ss Pr+operdyi Borrower's I,oan AppUcxtbni I.easehaW. �:�:::
<br /> ....s�.�, .�. -
<br /> �:;�.�`���.,,. ��: ! Basmaer shell occupy.establish,and use dce Prnputy as Bo�wer's prh�d3��residenca a+hhia sixty d�1Ys aRar the e�cecudon of �'
<br /> ,...,,..,,
<br />.'r' ,'::,?:�i�'.,�r.'� tAia Security InstrumeAt and shaaU oondnas to oocnpy the Prapea¢y as Borrower's principal r�sldeace far ai�Oast one year after tbe -;�°'
<br /> ,�?, '' ..�."� ���ssgsnc�r. susless L:est�s�thenrtlsg a�?+� in w±��, which conseac stiall �i 6e uareasoaably wit6held or uuless =
<br /> "`:��.�e�,„^r��. eztcnua�ng circamsmnces e�ist whicb ere b�yond Bormwer's control.Borrower shall not destroy�damage ar E�nPair the P�p�ry� o__
<br /> .� allow the Pcopacy to detesIoiate,or oommit wasto on the P�npeity.B�rowa sball be In dc.fauit if any fosfeIwm acdon a =-
<br /> ' .' � prooxding,whaha dvll or«�mfnel.is begun tbat fa Lenda's good faith jndgiaent could re,wult in forfeiwre of tlmo Frapaty a -_-
<br />`,,: , �,�•. �' otl�,)se matr�iaUy irapair the liea cnated by tWs Sccurity Instrunta►t or Latdu's sac�rity intar.�t.Borr4wer awy aue such a
<br />`"��` •� •• `� ` default and reinstau,as provIded In p�eag�aph 18�by c�u.�ia�d►e ectfon os pmoxding ta ba dismfssed wIth a niling that.in --
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<br /> "�r=s ''''`��`•" � I,e�lei's�ood feith detamination�Rrocludes forfeidn+e of the Bonower's interest in du Propriy or oilxr nu�teiial impairmer�t of !—
<br /> r�.,W,=��'� the lia�c�ted by thfs Socurity L�saumatt or La�da's secutity tataest.Bonower shall al�o be in default if Hoiro�ves�during d�e
<br /> losn applic�don pmcess�8ave matertalty falso or lneocviate infonnadoa or smtemen�to Irende,r(or feikd to prov}de Leadu with _
<br /> .-�°i`:^-��%+4Y� any rrutui�l infonnat�on) in aonnxdon with tho laan evldeiiccd by tha Nots. iucluding�but naR llmitod w�repsacnuBiais
<br /> ;�n,`�;=•`., T wnoeming Baxmwer's aocupancy of the Propaty ag e priacipal rasMenoe.If tbis Socueity L�tcuraeat Is on a kasdwld 13omawa —__.
<br /> '�''' �" , shall oar►ply aritb all tha p[ovlslons of the lease.If Bono�va t�ns fx dda to the
<br /> '--�.��'`` ` �� �4 �Y�tbe leasohold end the fet+title stuU
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<br /> ---.-_-'-;•i f""J....�' IlDI RlLf�C 111liC3S�pld[i O�OCS�O 1�1C IbCl$!l�1 W[�1!$.
<br /> _,...::'.�:�� 7.Pnntec8oa ot Lender'e Rlg6ta tn the Property. V Bormwa fails m perform!ho vovonauts and a�cements conmined ia
<br /> ,.�.-:°:`��� this Saa�riry Inst�ment,or tha�e is n legal pmoeedtng that rosY slgnific�ntlY a�'act Leada's �ights�n d�e Prnpe�ty(suc6 a9 a ---...
<br /> -- =_--- procoediag in baN�uptcyr.proba�e.far condannadon or fort'eiWre or w eafotoe laws ar iegaillati�ons).tIIen L.eadeac roay do and WY
<br /> -,�=:;R:;,� fot whateva�is aeoes,aary Lo proLOCt du vatue of the Pcopetty and L�atder's dg6ts in @�e Pmpe,rty.Lender's actlons may include
<br /> -``�`-��± � p,lying�y snms � by a Iten which 6as ptioiity ovet this Secttrity zns�rtttnsr�b eDP�B fa ooun.paY1n8 nasoo�eb = .
<br /> -:::i:nz;:�ue..
<br /> --�'' awo�neys' faes end entening on tlite Pc�opaty w maka re�ira.Although Lmder may taYe acdon under this pa�aph T.La�der
<br /> _�� does not d�ave tn do so. �
<br /> -��'_z�.� Any amounts disburse�by Leada w�dee this Par+�yaD�i?S�ai1 brrama ss�tiaaal debt of Hoaoeres sEC�by s�is Sxtarily k:��`-
<br /> - _ InsOnuneat Unlass Bormwa and Lender a�ee w other ta�ns of paymeat,these amoants shall bear intaest fmm the deis of �"-'
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<br /> "�'� '� � disbursernmt at tha Nota iate and shall be pqyabl0.wIW intuest.upon aotice from Lender to Boitower c�aquesdng payme�tt � ^
<br /> ,;"�� S.Ma�tgsige Inaurasea If Leada raqaired mostgoge insttta�►ce es a oondition of malaag the laan ss�cuced by dds Sec�uity
<br /> "',�r�.�x �. InsWmestt,Bemow� shall pay tlte premiums required to maiatein dta dtaetgege insurFa►x In offax. If.for eny ceaivon. t h e g ,:=
<br /> mentgege t�enrance coverege ceQ�ned by Leaeder lapses ar ceases w be in effect,Bozmwer shalt pay the�eantums required to f�.
<br /> -_: ;�':'�:"'� obtah►cov o snbste�ft�ally equivalent to dte m insuranca prevtously in effeW.ai a eost subsmndally equivale=tt to tho :Ft
<br /> eiaas n o�ase �r=_
<br /> cost to Sarower of We mortgqge insuiance previously in cffect,�'mm an alte�nate mortgage insurer approved by Lender.If �"'-
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<br /> . .. .. � aubstandaily equivaient mertgage insu�noe oovaage �S not avaitable�Bolrow�shall pay w Leader each month a swn equat w �,�-,
<br /> �-. ' onatwelAh of tha yearlY�n8a80�P���S P�bY Baaower wt�en the insu�nca ooverage Iapsed ar ceased w ��,'-
<br /> , � ye in effect. Leader w3ll eccxp��.se a�ed remiu these paymeats es a loss ces�va in lleu of mortgage insurauco. Loss reserve i�"
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