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<br /> � S.Haa�rd or Propesty Iasuranco.Samowar shall t�a;P tAe�mpr°vemes�ta now eadsting or hereafter cractea an � _
<br /> • the pcaperty ineund against to�s bp f iro.hszer�Qs IACiuded within the tercn"estendsd coverag�"sad aal►othar A:zarBs, _
<br /> �Ii►clezding llaods or itooding.ior wdicb Leader tequire�isrsusaac�This insurauce ehe11 be mnintaiaed ia the amauats , -
<br /> -- -�x!fes tt���+�.s that��reauir�Tha iasurauca,cesrier iss'4yic3iag tha iasurance.shaDl ba chas�n b�y Basovree _ -
<br /> � subjxf to Lender's approval wIuct�sSaII no3 6e uareasoastilq witbheld.It�arrovver����e����verage des�`i� - -- �
<br /> � above,Lender may.at Leader's opttan.o6taia coverage to protect�eader's rights in the Frope:'tY ia accazdanss cv�th =
<br /> ��Allp�insurence poliei�s aad tenewaIa shell be accegtable to i�ender eaQ shall include a etendard martgage clause.
<br /> Leader sl�sll bave the right to hold ttee tiolici�ead renewala If Leader requirr�, Borrow�s1�11.promPtlY SiKe to,
<br /> L�ender ell t�xipts oi gaid prtmiums sad t+�aewal aot'sas.Ia the eveat oi la�,Borirowu s�all give prasapt notcce w the
<br /> iasuraace cerrier ead LeAflcr.Lender msy tAake.proof ot toss if noE mada promg8y bp Borrower.
<br /> � Ualess Lender aad Bonower otherwise agree in wdting,ins�umnce proceeds af�ail be apptied to restorat�on ar repair
<br /> of the Propert�damaSed►ii t�e restoratioa or tepair is economically irasible and Leader's security is aat les�caed.IL ttte
<br /> restoratioa or repair i�not�nom�cally feaEibte or I.emHer's securit�►woutd be Ie�msd.the insuraaoe psmceods st�s1�i�e
<br /> agptied�the sums sau�d by this Savrit9lasWinent,whether or aot then d�,cvith aay eYCe�paid to Borro�er.If .
<br /> Sorr6�er a�adons ths Praperty.or dces nat eagwer witbia 3Q dsys e notice from Lender that the i�suraaee carrier�Sa
<br /> . �'rt�red to ss�tttte a claim.thea I.eader may colIect the ins�ttsace proceeds.I,endcr map use the grocxz8s to r�pair os
<br /> restore the Froperty,or to psy svazs sawtred by thie Sooutitq instruar.nen4,whether or not thea dae.Tha 30'day period will
<br /> begia when the aotics is givea. ' . .
<br /> UnlesBl.eader ead Bortower otherwise agtee ia Wtfting,anY�pplication of proceeds to psi�tcigal shaU aat extend or'
<br /> postpcne the d�date of t�o acontlily paymenterefemed w in garagcap�1 sud 2 or chaage the amount of the paYments.
<br /> If undzrp�s�a h 2t the Property is acquired by LEnder.Bonoives's right to any insuraace policies sad psacoeds .
<br /> resEtlting ft+��a Pda�siage�to the Frbperey ptiar w the acqtrisition�t pass to Lender to the estent Qf the sums ex�uted by
<br /> � this Securlt��ment immediately`prior to the acqwat�oII. 2zcaticm;.
<br /> ' . 6.��Y,Psesasvation.Maiaieasace�ad PPOtecs"svn of the Property;Hapamrwer's Loin�lpp '
<br /> �aseltolds.�?��s s}�U uccuPY.establish.aad use the Propertq as B"(irrower's priaci,�residenca Within sistY$sY8
<br /> wer's priacipal .
<br />- �s the e�'tnx��s Security Inetrument sud s1iaU contiaua ta occupp the Prapert�r ea Barro. .
<br /> �idence f�s�xsast oa�qear after the date of accupaacY.uttless I.euder otherwzse agr�s i�writiag.�Ynch waseat s�all
<br /> noi i�unr��^...ably withhe2d,or unle:�estenvatiag clrcurastaticesaxist which are ba���t.�&armwar's conuol.Borrowes
<br /> ehaU stat.�Y:damage or impair t�is�roperty,allow the Property to deteriora�c�r ci�mit weste on tha P�mpea�t�1.. .
<br /> . .13�otro��tc&��be iu def�.ilt if anp fc��Favre actian or proceedia8,ivhether civil os c�ua�;is lxgun tt�t ia Leas�s''�
<br /> futh lud8ment carrPa4��esult i�faifeiture oY 4�e PrapertA or ot�ierarise m�teriall'y i�:F��liea created tsy�is
<br /> ��rit�►I�strument or L'�nder's� iates�..�Boizower may cute sv�:��iafault and reinstat�.:t�9 prov't3ai in
<br />' p�B�Pb L�:bp cavsiag the actiori ar p�+aceEdir►g to be dismissed witJ�.� rulin� that, ia l�r's good iaith
<br />= determi�L��;.P�ludes torteitun of the Horrower's iatereat ia the Pmpesty or�ther material isppairment oi the lien . . .
<br />-. created by z�Security Instrument or f.estder's securily intesr��F�orsower shall also be i�.dgfault J BortoRer,dt..*'i.ng .
<br /> t�e Wan appiitx�tion proase. gaw mater,iallq fatso or maccusz3C.�i�farmatioa or stet«�sc�ta m Lender (vr faife�tat
<br /> �Srovide�.ender witb anp materisi information)ia connawtiion witb t�e loaa:�videanced by the Note,iacIuding.but not
<br /> • lignited w,�P�a�p�CO�ng Bonow�s occupa.ncy oi tbe Prop�'as a principal s+esidmce.It this Secu.rity
<br /> Iastrutnen�is oa a teasehold.Borrnwet shall oomply with'all the pr+oviaona C.the lea�:Yf Horrowar acquires fea citle W
<br /> "the Propert9.the ieasehol�and tii�fee�tle ahall not merge uaiess I�der agrees to the ma�er ia writing.
<br /> 7.Pratectioa art Leader'a Rs�in the Propeity.If$xa±�aaverfaila to pertorm�rhe coveneats aad agroem�t� � ..
<br /> contaiaed in tliis Securtty Iastrumea;,ms there i$41�Pf�"�B�$���cantt�afiect Lender's rlghts in�a
<br /> praperc3► fsuch as s prnceediag iri banYrugtar�•�r�,ohau, ior coademIIazzi�rn or forfertvro or to enforca laws or
<br /> w the vdue oi the Ftopett9 and L�nder's
<br /> ngulitionts).then Lcndar may do aad.PsY far•wY�W�ver is� F��
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<br /> �y,�i�t�a,prop�rty,I,tnder's ac4io�s anag iaclui3e paying a�F susns secured by n lien which has priority over!.�t�s
<br /> . . Secttrit�►Ins"+ar�mm�.eppeanng in conrt�PsYing twsonab2e attciraeyd 4ces aud enuring on the Property to.m�1te i�,a
<br /> .Although Lendee may take pctioa uader thia peragFaph 7,Len+dar doca not have to do so. . � .: � • ���`� .
<br /> Any amounts disbursed by I.ender�mder this pangsph 7 shatl be�ome additioaal debt oi Borte�sr��n,�xurod ir9 it�i.e� ;.-
<br /> . oeeurity Insi�rmeug.Uute�s^nos:o�a;a::I.��er�g�:e ot�es i�rma o�oagmen�,these amounts`sTnall bear iuterest
<br /> � from the data of disbutsement at the No4e rate and sha11 be payablo,with interest.upan notio�tram I.ender.w Borrower .
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<br /> � �flrtga�e Insanaca.If Y.ender requir�mortgago inr�urutae as a caadition rR , �he toa��:'���t�is
<br /> Security Instrumen�Bu�rower snaU peY the Premiwns required to ma�ntaiz��nnortgab x�tuaA�e:ra.cffaK.It.ic�any
<br />� � irason,tho.mortgsge insu�ce covetage.requira3 by I.ender lapses or o�to be in effect,Bnrma�rc:t eba11 gsy the �,:�:
<br /> $�r�miu�raquitetl w obtein coverage substnntia•lJ:�equivalent w the morcgage insueance pr�aviovsT��^�fiect.at s cost `�;i:'-
<br /> su�2,;n±i.���a9uivalent w the cost w Borcower+��t s1�mort�ssge ins�rrance prevtou�q in effsct. im:n an alumau
<br /> ist�z'r,g�e'.£asurer approved by L,epder. Ii sui�sa°.i,'�1.€y equivalent mortgage insutaace covtrage is aot svailab2a
<br /> ' $dtr�vrc�er ghall psy to Leader each mo�h e sum.c�y;�t to one�iwclit�of tbe pearly mortgage iasuraace p�emium beiag
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<br /> _ @e2�by Borrower wBen the insurance ooverag�1:T,,�d or caaEed to be in effect.Lender will accept�nse aad�tai�n these
<br />___ paymants as a loss re�rve in lieu of paart�° insvrence. I.ass rescrva P�yments msy no longer be raNired.
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