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<br /> ' ' .S. H�asd nr Prog�tp�Lusoisncr. �or�orter�shall�gceep th� impmve�enis irow e�t�in`g�ar�erea�flteOr��n the . .
<br /> Prop�rty insnre�against loss by fire.hazards tnciudEd�vithin tIie term,'�xte3ded cove�age"and any other hazards..�inciuding .
<br /> #iooci9 ar floadine,fnr which d.�cler��ir�i�.Tl�s i�usd�tce s1�z131�maint�sned�t:th.^,amounrs�d for ihe e�criads� • -
<br /> ,. �at��er cequims.�'he insucarece c2reie-r pmviding*H�Ins�e shalt he chos�n by Bnrroe�er sub,�ct to;I�er's appn�vai : • -
<br /> , wluct��d�71!not be unreasonably withheid. If Borro�ver fails to maintain coverage d�scri6ed abave, Leader may.at L�ender's
<br /> , api€on,aDtain coverage to prritect Lender's�rights in the Pca�ert�in accordaz►ce wirh paragraph T. � ,
<br /> A1t iri5urance�oli�ies and xeaewals�shaU 6e aocepta6le to Leader and ahali include a standatd mortgage�ctaose. I.ea�er
<br /> shall have the cight to hofd tha golicies and tenewaIs.If I,ender.i�quires.Bornower sd�aU prompSy gnre to L.eader all re�eeipts bf
<br /> • paid pmtniums ancf renesval notir+zs.In the eveat of loss,Boraowrer shatl give prompt aotice to the insurarice carriea aad Lender.
<br /> Le�er may make preof of toss if not made pmmpdy by B'orrawer. , . _
<br /> Unless Lender•end Borrower othern+ise agree ip waiting,insurapce praaecds shall lse agplied to resWra4ion ot tepair of tlie
<br /> : Prapert�r damageQ.if the trstoratiom oi izpair is eoonomirally feasible and Leader's securiS���ot lessene�.If the reste�on or
<br /> repasr is nat eeonomirally feastble ii�3.endct's security wouLd�e lessenecf,t�e�ce�s shall he applied oo t�s�mis .
<br /> secured by this Sewrity i�Sm,n,�, wtt�t6er or not Yhen due. with any ezo�.j�to�ornmwer, ff�i�a�wer abandons the
<br /> ` �np�rty,or dQes not answer wIthin 30 days a t�o6ce from L�r that the ins�irnnce carder h�s offerc�i��settie a claim�,t�en
<br /> Lender may collect the insurance praceeds. Lender may ase ttce proaeeds to repair oi r�re the Pro�t�ty o:ta pay stwis.
<br /> secured by this Security Iasbramcmt,wttether or not thea due.'j'he 34-day period will begia�i�n the ausFc�.is given.. .
<br /> U�iless l.ender and�orrawer otherwise ag�in writiag� any applic�tioa of pm�eeds to i
<br /> post�one the due dute of the�aoatt� P��.�;.all aat extead or
<br /> Y payments refer�to in paiagiaphs i_aad 2 or ch�ge the aato�eE��the paym�ents. If
<br /> under parag�aph 21 the Pmpetty is a�quIred by LenQar,Borrower's right to�in�urance policiQs and�ceeds resplting frora
<br /> 'damage w ttce Prapeny prtar to the 3cqnisition shall pass to Lender to the exteat of ihe sums secured by this SeairIty Insirument
<br /> immedia�ely pr,'or to the acqu.isition. . . .
<br /> . 6.Uc�F�nry,Presesvatloa,Matnt�snce ami Prote�don'ot the Aroperty;BorrovVek�s Loam AQpHptlo�EQasettalds. '
<br /> Borrower shall occupy,esta6lish,aad i�se the Property as Bormwer's princtpat resi�ence.wit�un 3ixty daya�fter the executiaa of
<br /> ' this S�arity lnstreimer�t aad sball eontinue to ocCapy ttie PrmFertY as Boriuv�er's,prinFipat residence faz•��st oue-y�r after •
<br /> fhe date of oaupaucy,unIess Lender.pthenvise agrees in wridng,a�h�,h cansent shaU nc,�fia�.�,uareasanabt�.vvi4h?�eYe�;,�c_uniess .
<br /> extPn���+g circumstances e�st wlucIlG.are'beyoad�Eorrower's aontrol. Bbrtower.str�:�imp�:�oy, �iage cr:izi��ar.the
<br /> . Prop�rt,�,aitow the Pco�erty to de^-.�rate, or oommit vvaste on the Prope�r.:,;,3orrotver"s;laS1 be in �i��if any.•�arfeiuue
<br /> setion or prox�ng,whether civil or criminal,is begun that ia l.ender's gr�y:�'�;th 3udgmeni eould res�in fort'eacuce of tbe
<br /> � Froperty or othe�vise materialIy impair the tien cmaied by this Stcurity Instru�t or Lender's securitf interest.Bosrowes may
<br /> cure such u clefanit aad reinstate.as provi�ed ia P�S�Ph 18.tiy cansing the action or proeeeding to be dis�msxd with'a raling .
<br /> . t2tat, in Lendu's goad faith determinadaa, precludes forfeicure of t�e.Bormwer's�interest in the Property or ather materiel
<br /> , impaimteht�of the lien created by this Securiry Iastrument or I.�nder's s4curiry interest. Bomower shall aiso be in defaulc if
<br /> Borrawer,deriBg the Inan application procQSS.gave materialty false or inaocntate infomiarion ar stattments.ta Leztder(nr'failed '
<br /> . to provide Lender with any rnarterial info�an)in eonneetion with thq loan evcdenced by the Noie,incl�g,but not limited ' �•. .
<br />. to,representations concxming Borcowez's accupaneyr of the Paoperty as a priacipal residence_If thIs Securery Insbumeat is on� —
<br /> lease�otd, Bomoiver shall comply�,ri�ilt at} the provisidns of the lease,.Tf Borrower acqoires.fee title to the Propaify,�the '
<br /> teasehoI@ and the fee titte shall no!�rierge anless I:ender agrees to the merger in writing.
<br /> .. � 7.Prutection of�tder's Rights in We Ptoperty.If Bmrrawer fails W pr�'orm t6e�coveoants and agr+eements coatainod�n
<br /> • '. tbis Security Instrum�i�;'+�r there is a.tegal proceeding tbat may signSfc�td�S�Yi1'i�ect Lender's rights in the Prnperty(such as e
<br /> pmceeding in bankruptcy.probat�::�Qx a�ridemn�tion os forfei�a or to enfor�o laws or regulations).then l.ender ma�.;;�o and �
<br /> paY Fox wt�atever is neoessary+to�Cect the vaiue of the Pro�c�y and Lender's rlghts in the property. Lender's ac�;,�,�'tnay
<br /> • include paying any snms secured`L� a lien wbicla has pdarity over this Security Iostn�ment. appetu�ing i� court;''paying
<br /> reasonable_attorneys'.fees an8 eatering on the Pcoperty to make repairs.Although Lender may talce action under this paragrapD
<br /> 7;I$nder dces nnt have to�o si�. � .
<br /> � My �aaunts dis9nr�ed by Lender undes tliis•pars��grapir T shall fiearme additional debt of Eorrowcr.sewred.by this
<br /> Security.Insuument. Unl�s Borrower and Lerider agee to ot�er tecrps af Qaym..�nt, these amounis shatl bear inter2st�r the
<br /> ..' dat$of disbursement at thc Note M2�'e and shali ba payabie, with interest. apon notioe from Lemder to Borrower�req�esbng '
<br /> payment. � � • .
<br /> '8.Mortg�e Iastxrancc.If Leicder required mortgage insnrance as a conditiaa of makIng the loan seauod by thls Security
<br /> Instrument, Borrov�er sliall pay the�remiams required ta maintain the mortgage insiirance in effect. If, for any reason,the
<br /> � mortgage insurance coverage..r�q�cO.t�eif 15y Lender lapses or ceas,�s�.n be in effect, Sorrowec�si,�l pay the piemiums req�u�ed io
<br /> abtain coverage substantially equir�!raax to the•mortgage�insuracr;�;:previously in eftea,at a,cxs;t su6staniially eqyivaleni Co the
<br /> cost to Borrower of tia�mbrt�ge insurance previously in effect. Prom an altemate mortgage insurer appraved by Lender. If
<br /> su6stanaalJy ecN.ivalent mortgage lnsurance ooverage is not availa6le,Boaower sh�ll pay to Ixnder eae5 m�aath a sum equal to
<br /> oae-twelfth of the yearty mortgage insurance premiam being paid by go.rrower when the insurance coverag�tapseq or ce�sed to
<br /> be in etfect.Lender wiii uccept,use and retain these payments as a loss reserve in lieu of mortgage insurance: Loss reserve
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