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<br /> • 9 5- i��4��'7 �
<br /> � S.Hw�ard or Praperty InsurAacs. Borrower shuU keep tho impmvementa now cuisdng ar hereafter crocted an tho Property
<br /> . �., ' inaurcd agcdnst loss 6y fire. hezorda inciuded wtthin the tem�batcndod coverage" ond any other howrde,tncludtng flaods ar
<br /> - ,, ilooding�for which L.u�der r�cquires lr�sw�anca'lUls insuranc�shall bo mainta�tted in the amounts end tor tho perlod.9 thet Lender
<br /> . . � � rcqulray.11tc insutanco cart}et providing iha inswa�tce ehall bc chosen by Borrower eub}at W Latdcr'e approvel which shall not
<br /> •, ' . be unreasonably wI�,heM. If 9orower faits a main�afn covcrago des�xlbed nhavc.Lsndcr mny. at I,ender's apti�n. obtstn
<br /> covzrage to protect Lender's rights in the Propesty in aocordanca wltb paragraph 7.
<br /> , � _ Aii�nsurance pollcles aied renawals shaU be acceptable to I.eader end ahell includa a atandaid mortgage clauso.Lender ahaU
<br /> �.."��"'P'' have tbe right to hold tha policles ated ratewals.If Le�edcr rcq�Borrower al�all promptiy give to Lender all roceipta of paid
<br /> ' �` prcmiums and reaawal nodces.In tha event of Ioss�Bormwu shaU give prompt notice to the insureace carrlcr and Lenda.L�er�de,r „
<br /> , :, mey make pmof of loss it noi mads promptly by Bmrowcr. �
<br /> •. Ualess Leader cu�d Bomc�wer ofhetwise agree In wr[dng�insurnnce proceeds s4a11 be aPPlied W reswratlon or repatr of the
<br /> Prope:ty demaged�if tha r�starntion or repair is ecanomicaUy feasibla and LeAdcr's sec�utty ia not less�ed.If the restoradon or
<br /> . . repair is noi cconomically fe�as�bLe or L�eader's socurity would be lessenod.the lnsurance Proceeds she111�e ePPU����
<br /> , . .. SOCUiCd by t�8 SCCl1fI[�I IIISiIUfItCAL W�tCttlCf OI IlOi diGl di18. wbh any e�ccess paid to Bomnwer.If Bomower abaadons the
<br /> . Property,or does not answer witbia 30 days e no@ce from Leader that the insurance cairier has offered w seale a claim.then
<br /> :�.,,. � ., ' Lea�der may coliect the insurance proceeds.I.eader may use the pmceeds w repair ar restorc the Prope�ty or to pay sums secured
<br /> by this Se�nrity Listtument,ahether or aot thea d�te.The 30-0ay pertod wUl beg[a when the ttotice is given.
<br />��' T^- -.^. � Unless Leader end 8orrower othe�se agree in wrldnB.�Y�PHc�tion of pmcoeds to priACipa1 shaii aot enbead ar postpono �'
<br /> ,._�`�_ ,�, the due data of the monW1Y Pafmn�►ts refemod to in paragrapbs 1 and 2 or ct�ange the an�ount of the paymeata If wtdet paia�aph ,:
<br /> _ __ 21 tite rmpeity is acquired by Leu�ter.Boirow�i�right w any insurance policies and yroceeds c�rutting&uin damage w the �
<br /> _<> P1roperiy prtor tn�e acquisltion shall pass to I�ender to the exteat of the svrns�by this SecutIty InstntmeAt immediately `
<br /> �. . i1W W� ���� �y;
<br /> ° ��� p 6.Occupancy�Preservatton,Maintenana and Prota�[on ot t6e Property3 Borrower's Loan Applk�atbn;Leaseholda �.
<br /> . � Bo:rower shell ooeupy.esmbllah.ead use tke Property as Bortower's principat residence witt�ia sixty days after tha eaea�ion of
<br /> ' . this Socurlry Ins�ument and sball continue to occupy the Pmperiy av Boirower's prirtcIpal tesldeace for at ltast oae yaat�a Wu �'
<br /> , .. date of oocupeucy, nnless Lender otheraise egiees ia wrIting, which consent shall not be unreasonably wltbheld�or unle,ss ��:
<br /> exteauadng draimstances asist wi�icd are beyond Boirower's contmL Bomower sfwli noi des�roy.demeSe or impair We Pcoperty� �<
<br /> �`; allow th�Propeaty W deurtomte.or comcait waste on the Prnpeny. Bomower si�all be in default if any foifeiwae acdon or ---
<br /> . ,�-: , Proc�edIag�wbelher dvll or eeim�ael,ls begun that in I.euder's good faittt jltdg�nent coutd resalt in finfei�cre of iba F�upuir i� __
<br /> ,. otherwise materially ia�pair tbe llea cmated by tUis Security Inst�meat ar i.ender's secudry intere.st.Bosmwer may cue�e sucb a —
<br /> � ,. ��. dofault and rolnsmte,.as pmvlded in parsgraph 18.by c�t�slaB the actlon or procaeding to be dLsmissed cvlth a niling that� in --
<br /> � , ,_` Lender's good faith datamination�Procludes forfeiwre of the Borrower's lat�rest in tha Property or other mat�lal M�neat of
<br /> '�°�.'�t<���` . �. the lien croaud by tbia Sacurity Instrument or Leuder's security intesast.Bosrc►wer shell aiso be in default�f Bomuwei.during die �__-
<br /> � " loan applIcadon �ocess.gave materially falsa ar inaccurate infotmation or statemcnts w Latder(or failed to pmvide I.eadac wlth = ---
<br /> '!:°.--;�., ; ,�` any materlal informadon)ia oonnecdon wIth the loan evidenoed by tho Nota. Lt�luding.but not WNtod to. repre�►tadons =_–
<br /> ;�' � concemiug Bomnwet'e oocupancy of the Property as a pdadpa!�deace.If d�is Soctutty Instnunaat is an a leasehold Bomower ¢.-_
<br /> . . . �`;��� sGaU comply witb all the prnvis[ana of d►e lease.If Borroaer acq�ires fce dtle w the Propaty.tho leusehold eud the fee title shall �`-
<br /> � -•.fi � not merge nnkss L�eader eg�ees to the merger in wridag. F�-
<br /> '. . 7.�irotectbn ot Lender's Rig6ts ia the Property. If Hrnmwer fails w perform the aovenants and agreementa oontained in �..:.
<br /> ���%�."'��-. ' this Security Insuumeat,or tdere is a Iegal prncoe�ing that may sIgniRc�ntty affect Lerrcl�r's rlghts�n tho Propeny(auch a9 a =
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<br /> :'�•:�:.'_' _�...p procaediag in baahuytcy�Probate�fo:wndcmna�on or ferfeipue or to enforce laws or regulations).t6en Latder may do and pay ��--
<br /> ,:,�,:'<!;A;•�c,. .. for wbatever is naoessary to proOOa tha velue of the Prepecty and Lendec's slghts in tbe Property.L,endet's ecd�ns awy include "`''
<br /> �''���:��i;a�<�:..� payi�g a�ay suma secured by a liea which das prlority over tl�s Socurity Iaswmen�,ap�n8 in ceuet. PayInB teasonable —
<br /> ��"�'i-�' euomeys'fees aud eatedng on the Property to make c�epaira.Although Leader may take acdon under U�is pac�eaph 7.Lender
<br /> :. , does aot have to do so.
<br /> T�- •�, ... Ats+p��:•�a.»..�L..:,M:hy Lwuie,r under thia parag�reph 7 shall becoma additional Qebt af Bomewer sa�und by this Se�urity _.
<br /> ..'"' ..� . , Iastrwnen� Unlps Honoaer and Lender agree w other tenas of paymeat,tbese aznouats shall bear iaoaest fran thte dete of =-_
<br /> �.�� r�,-..-, .�- disburseau�t at the Note r�t,e nnd shn11 be payabte,with interest,upon notica from L,eadar to Bo�mwu roquespin8 P�Y�� .--
<br /> -;���'�S.`�."`..�'�:� 8.Mortg�gsIusoranoe. If Leader roquired moatga�e insurance os a oonditlon of mal�inng the loan socurod by tfiis Seanity ---
<br /> _-'°'���':.n.' ='- .� Instrument, Boaower shall pay the premiums required to maintain the mo�gege insu�ence in effec�. If�for any reason.the =-
<br /> .. -�: � " mort888e insivanoe e�verage required by Lr�,der lapses or a�.ces to ba in effact�Bomower shall pay the premiums requirad co =_.
<br /> . .� obmin eoverege substentially oquivaleat to the mo:tgage inssuence ps�eviously ln e�'ect.at a oost substandally equivaleat to tha `�<.
<br /> ;,°t;;: c�st W Borrower of tha mo e insurance ravlously in effect,frem an aloesnate mortgage insurer appravod by Lender. If �'',
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<br /> � subscantially oq�ivalent morRgage insurance cove:age is not ava3lable�Borrowa shall pay w Leader each month a sma equal to
<br /> � ' ' on�twelfth ai the yesrly mongage insuranoe pre,�nfum being paid by Borrower whea the insuram�e ooveeage la3►sed or ceased�o
<br /> : � �. be in effoct Lra�der will ecxepi. nse and rdein these paymeats ag a loss c�ve tn lieu of moctgage insurance.Loss reserve
<br /> . , . ' Form 9,0��9l00
<br /> • (�-eR(NE7toa��► Pap�9ot6 �nmw�
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