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<br /> `�'°`.�,.;,4 - ` ;`,�.:t 5. Hm�asd or L'iPaperty �Ctsurance. BDrrower sh�il keep the itnpruvements notv eais�ing or hereafter ere�od oa tRe _
<br /> , � Prape`rty insured agair►st loss by�ire.fm�rds inrtuded�vitiain the tgr�rt'extended cavcragc' und uny othxr haisu+fls. insiudin� _
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<br /> , �,J;.`��'._,'.;:.. `: . , `Aoods or poodins.for�vhich Lender eequires insu�ssnce.,'�his insurarace shall 6e maintcined in the amounts ar�d for the periods _
<br /> that Ler,der,rt�i�ies.'I7►e ins�raace c:urier providing the insurnare shal!be chasen by Borruwer subject to[.ender's approvgl
<br /> `�-`f�J:.,_•_-.`�--_ which shaIl not be unseason:ibly withfietd. If 8orrot�ner faiis to mair�caverage descr�ib�i abrne. i�ct�r m�y.ae f.eadee's _
<br /> � , �� �' mpt'rnn.obtsin cn�erage to protect l,eader's tights in the Property ist ac�ordaitte with parugraph 7. . °
<br /> ,'��`�-. AII insurance policies and reaevrals shall b�acoeFtabie to Lender and shali irtcfude a 5�taudard mortga�e clauye. Lender -
<br /> �: '�:`,. ' shail have the ri�ht to Tnold the policies and reaie�vals.If I.etcdzr m�wires.�orrotiver shall prompily give to Lender ail sereipts of ..
<br /> ' ��°� T.'- .�:;: paid preatiutns aitd reaewaf natices.Ia the event of tass.Borrotver shali gi�re pmmpt nodce to the i�n�*ancp carder aad Lender.
<br /> :,-� : `, '.«�`� lgndet a�ay m�ke proof of toss if not mad�pmmPUY bY Borrower. .
<br /> - ..•':». Qn[ess Lender aad�oamver oshenvese agree in writiag,insuranoe pmceads shall be appli�to riestoration or�epair of the '
<br /> ��'3'"'°'� ' PraPerty damaged.if the msto�ation or�epair is emnnmicalty.feasibte�ntl Lettder's security is nat te�sened.If the restoraiion or
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<br /> _ - `•.F• � � =- ' regair is aot economically feasible or Lender's secarity�vou2d b0 tessened,the insurance prooeeds s6all t��spplied to the sums
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<br /> '° t"'` r�`-.�':' seraue�by dus Security Inshumeat.cvhethEr or not then due.with any e�i�ess paid to Borro�ver. [f Bo:rawer abaiWnas th�
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<br /> :�`�:t;4z-;..;�- - Peoperty. or does aot answer witfrin 34 days a notice from Le�nder d�at the i�suiance carrier has affered to se�tte a ctaim.ther►
<br /> .�°4�,, , , , L�nder may callect the insurance praceeds. Lender may ase the praceeds m repaar or mstore the �ropertyv or ro pay siuns
<br /> .,' ,:,�,�:�, sea,�red by this Securiry Instrament.�vii�her or not thea dus.T8e 3�day period wiil begi�whea the aorice is given.
<br /> �-�`���' `;;»: �= Untess Lender anti Bornawer othetwise agee in writing.any applic�on of proc�eeds to principal sha!! nai extead or
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<br /> - ,�. . .. ._. _ .pastpane the due date_of the mnmhty payaients referred ta in paragraphs i 3nd 2 or cbange the amo�of the paymeats.If . _
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<br /> ;.;,.. . , .. ,.. andei paragrapD 21 the Piaperty is acquire���tiy Lender.Boirawei s nght to any in.s�uaac�ppiicies atid.pi6a�e3"s.resWting from._.._. ..
<br /> -_--=�,�£.. � ' da�age to the Property prior w the acqoisition si�a!!pass,to l�endar to cl�e eatent of s�e s�ms secaued by this Sec�ttiry���*�+��^-t
<br /> _-:� -`��' ` immediatelg prior to the acgaiisition. � � ,
<br /> �-�T'' �•"'_�`.� �, , b��CUgancy.Pre�e�v�t[on,Ataiat�arsd Pm4edion of We Fe+npeety;Soan�e�s Loan Applftxition;Lease�Qtds.
<br /> �'' "�r_. _ Ba:rower stiall o
<br /> .�u>;�_ .�"� - �PY��ablish:aad ase th�P�nyerty as Borrower s p�incipal residence cvithin siaty days aRer t�e ex�cutlon of' .
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<br /> �:;:��-;� tPus Serurity bostrumerii and shall wminue to oocupy the Pmperty as Borrower's priasipal cesidenoe for at least one year af�er
<br /> _������:.�; " the date uf ocatpancy.ur►less lxnder othe�wise a�res ia�wririaa, whith ooasent shall not 6e unreasanabIIy�vithheld.ar unless .
<br /> � :�'3 : extenuating ci�nces exist ahicU are,beyond Barrower's con�ol. Bsrro�ver shail not destray, damage or impair the
<br /> 'x `�' Pr�apesty aIlow the Property w de�erioiate,�or commit waste on the PropeYty. Borrawer sl�all be in degavIt if aay forfeiuue
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<br /> "=;<;`,,�;'`,';,.i�r�.'; astion or proaeding. a-�es civi!or criminaf,is��un that ia Lender's goad faith judgrnent oonld r�uh in Wrfeiture of Ute
<br /> _ , . Property or other�vise su�.`�"sally impait the liea created by tt�is Seauity Ins�mcnt or Lertder's securicy inte�est.�tomnwer may
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<br /> ���-_�;��;,� care such a default and reinstate.as pnnvided in para�ph 18.try s�usmg the acdaz�dr pmoaediag to tse dismissed with a iuling
<br /> �`"�rifY,--=_-,_--'� tttat,�in Lr��..°r's gaod faith deiermina�n, P�ciudes forfeitvre of the Bor,�swer's interest �n the Peoperty or other mat'erial �
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<br /> �"__�==�== - impairmsnt of Utc lien•created by this'Secarity instrvment or�Lender's security iruert�f. Bomawer shall aisd tre m defauit if
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<br /> ��::�•:�:��:,�-,�=� Bono�ver,during the Ioan application process,gave materially falss or inaoc�urate informa3ion or statrmP��co[.effides(or faifed
<br /> ' -:�.�=��G`�� ' to provide Lender with any material informatioa)in connection arith the lnan avidenoed by the Note.inciudin�.but aot limited
<br /> - ===^':.y;�;� to,repressntauons oonoeming Borrower's oxapancy of the Prop�qr as a grincipal residence.if this Secariry Insnument is on a�
<br /> -'-����r leasdiold,Sorrower sdiall oomply wiW all the pmvisions of the Icase. '!f Borrawer asquims fee title to the �iropeity. the
<br /> -___--- ' leasehold aad the.fee title shall aot meige untess Lcudsr agrees to the merger in writing. .
<br /> .�,_°"°.,.'.°'-.'� 7.Ptot�dton oY I,�ttdes's Rtg6ts in�tdte Pro�y.If Barrower faiis to perfoTm the coveaants a�ag�eements camained�in
<br /> - . ,�tnis Secarity Instramcfitr.:av thae is a legal prooeadYi�'that tm�y signi�canUy affect 1�der's rigAts in the P�+openy(such a4 a
<br /> • •� procecdiug im bankruptcy.�probat�,fpr oondemnation Qr forfeituoe or to enfor.e laws or ngutat'eans). then l,eader azay do sad •
<br /> ------- p�y for v��au.�trer Is necessary w prot�t.the vaiue of the property�,8ad L�endet's righu it�the Property. I.ender's a�ions may .
<br /> - � include Pa'qing any suats s�cured by•r� lien which has psiority �vei tlus Security lnsuumen�, appearing in oonrt. payinS .
<br /> _ _ �- reasounble attomeys'f�es.aad entering on the Prop2rc�to maice cppairs.l�lthough Lender may take aetian ura:er tlus papag�apY�
<br /> __ 7�a.endet does not have�dfl sa. � • . . .
<br /> -�-_---. ' 1�ny�mnunts dis�ursed by Lertder under this paragra�ti�7'�shall beoome a8didonal debt of Bomnwer secnred by this , .
<br /> ----'---__ Security,�itat�ment.Unless Borrower and I.endea�ee to otG4r�t�tms of payment. these amavats shall6eur i�3 from the
<br /> __-_,_._..__ date e�:dFRB�rsement¢t the IVote �ate and shall be payable, niiiti'interest,aipan aodce from I.ender to Bonower�+¢ques6nn,g '
<br /> ---_.� , :.paymei�: � : . ; ' � ;.: �: ' : �.;�' ,
<br /> =-� • ' 8.Mortgage Ias�d�ce.if L.ender requind nwctgage insutance as a wndition of making the loa�'s�Clui�by this Security
<br /> � Instnament, SamnNer shalf pay the piemiums n�uired to maintain the mortgage insuranee in effect. tf,•far acry reason.We
<br /> -_-=----_ ¢rortgage Insuna�ce.00verage aeqnired�.U�I.erWer Pagses or:ceases tn be 1n effect,Borrou;er,MkYttil pay the premiums requited to
<br /> � abiain o0�:erage substantially e�quivater.t to the mo��mc�*a+�a�=previously in effe�,all;nticost substantially equiva2eat[o the
<br /> ---- � cost to�oaowar of the mortgage in�*�n�previtiU.dly in effec� from an altemate mottgage insurer appmved by l�eader. lf
<br /> -_--�'"'�� substaati�lly equivatent mo�tgage ins�*�n�s wvaa��is not avnilable.Borrower shail�Day'to Lender each timnth a sum equal to �
<br /> =-,-r;::�>.;..
<br /> =;�;.,;�;�,:�;,,;:', • ou�twelfth of the yeatiy rBOrtgage insnranoe premium beictg pa:d by Bornnwer when the insurance ooverage lapsed or oeased to.
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<br /> :_.;����,.t�n�:`� : 6e in effera.Ixnder n+ili u�ooept.use aad r�tain these payments zs a loss t�serve in lieu of maltga$e ipsurance. Loss t�s�ve
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