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„ • „ � __ <br /> , �� „ , - <br /> . � .. , � `' . , , � , <br /> - - . ... � � . n . _� � u - .,� <br /> . • <br /> � <br /> ' ' ' '” _'— ' • . . . <br />._ . .. „ � .. - <br /> .. _ .- . ..... . ._i-_.�- <br /> . . � .. . . . . , . �• -. . .. , „ ' --_, <br /> I • . '�i <br /> ��5— � 's . <br /> . � ' S.Hozard or Propeaty InsurAnce. Botrawcr ahall keep the Improvemcnts now wcisting an c�maftcr e lt�i�on'1ho�perty , 1 <br /> j InawccA agninst los9 by fir�.lia�ards inctuded withIn �ha term "cxtendcd covcrago" and any�othcr haaerds.irtcluding tlooda or r� <br /> llooding,for which Lcnda cr.�uires insuronce.Ti�is inauranco shaU be owi�talned in the amaunis and for the periads that L.ender . � <br /> requlres.'Che insueance cmrter providing U�o insuranoe shall be choscn by Borrowcr subJact to Lcnder's appmvel which shaU noi �� <br /> ' � Ixi unmasona6ly withheld. If Aoxrower Pails to mainttiin coverage descrlbed ubovo, Lender rrwy. at Lender's opt�on, obwin ' '. <br /> . , coverage to p�otect Lsnder's righls in the Progerty in�cordancs wIth paragraph 7. , . <br /> .,. All insuranas polletes and renewola shaU be acceptable ta Lendcr end shaU Include a standard mongs�ga clause.Leader shall �`: <br /> ° have iha right to hold ihe pollcles and reacswals. If Lcnder rec�uices,Borrower shall pramptly give w Lender all receipis of paid ° , ' •� - <br /> ptemiums and�encwal nodces.In We event of loss�Bonower shaU give prompt aottce to 1ha lnsurance carrier aad Lender.Lender • � �. �` <br /> may make prnof of loss if not mede pmmptly by Bamower. . , <br />� " . Unless L.ender and Horrower otherw}se agree ia wridng�insuiance praceeds shall be applled tn restoradon or repair of tbcs , � <br />: � Propecty damaged,If tho restoration or repalr�S ecoaomlcaUy feasible aad Leaider's securlty is not lesseaed if tho resmration or <br /> . . • mpuir Ls aot economiceUy feagible or L.ender's security would be lessened,the insuranca proceeds shall bs applled to the sums . +' ° '� � <br /> . , `� secured by this Securlty Insteiunent,whether or not then due,with eny exces.s Paid w Bomower. If Borrower abandons the . <br />_ . Property.or dces not answer within 30 days a nodas from Lender that tho insurance cairier has offered to senle a claim,thea " -:-' <br /> Lereder may wllect the iasurance proceeds.I.ender may uss tbe pmcee,ds to repair or reswro the Propecty or m pay sums secure�l . � -� � <br /> . by thls Security Insuument,whather or not then due.'Iria 30-day perlod wiU begin wttea the nodce is given. . . _ ' '"� <br /> :' . �� Untess L.ender and Borrower othecwLse agcee ln wrltIag,enY aPP�cadon of proceeds to prIncipal sdall not extend or postpone - +_-- <br />_ �� .:' .. the due date of the monthly paymenta refetred to in patagrephs 1 and 2 or cbange the aaaouat of ihe paymeats.If under�h : • ' " <br />_ , 21 ihe Property is acquired by Lender. Borrawer's ntght to any iasurnnce poucIes and p�resaltiag from damage w tbe � r` <br /> � �P�Y Prior to the acquisidon shall pags to LEnder W the extent of the sums soc�red by this S�curlty Insnwnent immediately �•�'..� <br /> .,, ���_ <br />� � prtor w the acquisition. - �E�� <br />