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<br /> ':�- ``°` `�� ` 5. �ozerd or �ipe�rty �. Barrower stuill keep the improvements now existing br hereafter er¢cted on the ; ,� ,
<br /> �,� T ..:�. '�.__
<br /> '� " pmisertY iasured a8ainst toss by fire.�B�aiards enctud�ixithin ihe tetm°extended coverage' and aay other haTaids. includinS
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<br /> `"s=����:�`.''�.,_�' floads or flao�i�tg.for Niuch Leeder�+equizes insuranse.T6Is insmunce shali he maintained in ttie amovnts aad far the periods . � .
<br /> :.;.<�..�.,z . � �orrower sub'e�x to Lender's approval �.
<br /> ° ::ti �:;'� th�t Lendex requires.TUe insuranc+e carries pmYidin�the ir�vrance shall be chosen by J _�
<br /> ''� � _`+s� which shall not be unreasonabty cvithhe[d. If Borrovrer fails ta maintain oovesage described above. txnder may,at i,ender's �__
<br /> :.�:���r':' . -� �-,.
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<br /> .�, ., option.abtain rnverage tb protect Lender's rights in the Fropetty in accordance with paragaph . �
<br /> 4:�. �__��. tahle to Lender and shalt iaclude a standa:d mort�age ctause. Leader ��_.
<br />_ ,�:.� Atl insurance p�olicics and:es;ewals shall be acaep
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<br /> - ' :�..�• ,:�•: shall have the right w hotd tize poIicies aatd renew�ts.if T.endet requires.Bonower st�l1 pmmptly gi e to Lender alI receipts o � ,
<br /> :, •i."��.��' _-
<br /> _�7�t� �.':.� �` P�Qreariums and renewa!nntices.In the evcni of lo�.Borrower shall give pmmpt notice to the iusutance wrrier and Lender. �,...
<br /> -- - - �` -- -1�ader maq ui�ae�.:�:�t ta���. ^• �tn�rly by�orrower. • *� ---
<br /> �� T. ,r,��,_:.Y S_�- ItgdtortEStoration oi seQair�;:�--- - _
<br /> r� Ontess Lendes and Bormwer otherwise agree In writing,inswance proceeds shatl be app: —
<br /> +�;Y:.;:-:... _,...-• �_
<br />- ,:� z�._`•x�<?�, �f the�stniatioA or repnir is ecunoalic�lty,feasible and Ixader's securiEy is not lessened.If the restoxadioa or �
<br /> 1. TM�.::='3. ,Property damaged• ati l�ed to�the soms
<br />_. d'��:� iepmir is not economicaily feasible ar Lender's secvrity vuauld be tessened;the insurance pmoaeds shall be ayp-
<br /> '' � _ ,_ secured by this SecuritY Insmimem,whether or no�thea duc.with any exces5 paid to Borrower. If Borrower abaadons the
<br /> �`
<br /> y::,,:"ti. •...., .,. _—
<br /> �-'�,;.u�''���;,,�.` property,or does not answer within 30 days a notice from Lemier that the ibsurance carrier has offered to settte a claim,t�en _
<br /> or resWre the PmpertY o�m paY sums
<br /> .,, .f,;t K::�'-• I�ader may colte�t the insusauce proceeds. Leader may�use the praoaeQs to re�ir , --
<br /> _ �, .<.;.r, seeured by this Se�auity Instmment,whether or noi then due.The 30day period wiU begin when the IIotioe is given. __
<br />�i ' 'r',Y , UnZess Leader and Borrower otherwise agree ia writing. any applic�ion of pmceeds to priacipal shall nflt eat�d'ar
<br /> `` .�' ` " ' �one the dne dute of the monthly payments referted to in para$raphs 1 and 2 or change the amannt of the paymentg• If -
<br /> - �.fi�.,-;•:; '•.'e . . —
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<br /> �� , ' m�er PaiagtaPh 21 the Property is acquired.by Leader.Horrower's right to any inst�raase policies aud pi+oce�s resWdng from
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<br /> -` `'"��":� •��. .., -&snage m the ProPenY Pr�or to the atquisition sball pass to Lender to the extent of the'sums seaired by this Security Inshutuent
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<br />_, ,�; , ---�--�--;�e,n-�i�trly prIorto the acqwsiuon.---�--�—�--...--�----� -------- �------------ --..... ._..------..__..,. .------
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<br /> � - "`��'-`�-:��-< • 6.(�i�Y�PresQrv�tf+�:Mai�tenunce and Psbt�et�on af the Property►Horrower's Y�Apg�ltea�on;I�eaSeIw ---- -------
<br /> _ ?•. • as BoTrower's princ cesideuc�within s;nty ciaYs after the er.e�tio�of,• -
<br /> _ �:,���:,. ` _ SorFOwer shall ocenpy.establish,and�se the gcoperty► W��
<br /> � '
<br /> �,i �� this SecuritY Instncment and shall continue to oocupy ttte Properiy as Bomawer's principal reside,nrx for at ieass one year aRex
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<br />- ;•: ..;��. • . .. .t�e'date of aecupancy..�tess Leader othern+ise agoees in wriiiag.vuhict►Cflnsent shai�not be unnasonatily wit�°i3,oz tmless
<br /> ,k:c�,� ,���$ �ir�m�tances e�cist whicb are beyond Eorrower's control: Borrower shall mot de.stmy, dam2�e or.imF� � .
<br /> ----� ��,��,r Borrower shall be in defaWt if any foife;.^�
<br />-�""'y 'y" PropertY,allaw the Propert5+w deteriomte.'os commit waste on the Property.
<br /> �?:-.}�`s`.`"�;�,�% . action or praceeding,wherfier civil or criminal.is begua ihat in Lender's good faith judgmsat canld cesutt ia��?�1� _
<br />���<-'�`�� ': ' �iperty or otherwise mate:iafly impais tlie Uea created by tlus Securit3+Insdume�or Lender's sewrity�inteiest.@oarocr��,
<br /> �.f�?"a'-`tr",`��. ': � h 18.by ca�sin the actinn os pmceeding to be dismis�i�ith a�'�'
<br /> .����.r.:,::�_1:, =: <.r�such a default amd reinstate,as provided iu P�S*dP � �
<br /> �Y.�'•:r-,�±� .. +
<br /> �s. . '. f��,:�;in Lender s good faith determinanon. precludes forfeiwre of the Bomower's inierest ia the PropertY �%`cy�er material
<br /> ,i�pairment m�the lien cceated by this Security Ia.strument or Lend�r's seauity inteees� Borrm�ser shall aLso ise in default i#.
<br /> q �onotiver.u`siriag the l�an aPPlication pmcess,gave materially fulse or ina+xurate information ar s�ements to I.ender(or fa�3
<br />- tv pro+ride Lender with any material infum�ation)�n connec�ton with¢he loari evidenoed by the Note,including,but not limited
<br /> � to,representations conceming Bonrower's occupancy of the Property as a prin�iPal resideace•If this S��y����s on a
<br />__„ = - ---- leasehold, Horrower shall comply with all the provisinns of the lease. If Boaower acquire�fee title to �.�raperty, the ,
<br /> - teasehald and the fee atle stiall not merge unless Lend�r agrees co the merger in writing. ts wmaiaed in
<br /> � 7.Protectlon oBl.eader's Rt�hts in the Property.If B�rrower fails to perfora�the covec�nts and agreemen •
<br />- — � . .tlus S�curity Insuument,or tt►ere is a tegal proceeding that a�ay signi&candy affed I.ender's rights in the Properry(such ms a
<br /> - �oceeciing in bankruptcy,pmbate,for candemnation or forfeiture or to eaforce laws or regWations),then L:ader may do�ad' .
<br /> . paY for�whatever is necessa�+to p�tect the value of the Praperey and I�ader's rights in the Pr�operty. 1�'s actions may
<br />— - in�iude paying any sums secared by a 1lea whtch has priotity over this Secariry Insaument, .�PPeari�'in oourt..Fa3►Ing
<br /> � � reasonable a�nideys'fees and entering on tha Property to make repairs.Aithougb Lender rt�aY�acd°a uader this para==r�'.b .
<br /> 7,Lender do�s not have to do so. � � `
<br />_- Any amounts disbursed by Lender undar ttris paraSraPh 7 s1�all bec°me additional debt of Borrow�t secured b�: ,�..`�''�
<br />- . Sesurity Inswment.Unless Borrower aad I�eader agree to other tertns of paymeat.these amaunts shall beaz intezest fra�Sae
<br /> �- ____— date of dis�grsement at the Note rate and shall be payable,with interest, upon notice from l.ender to�orrower reque�ilg •
<br /> PaYment
<br /> - ----- 8.M;,�age Iasurance.If Lender required mortgage insurance as a condition of makin;tb�loan secured by tb��3�
<br />= � �sttument, Borrower shali pay the pzemiums required to maintain the mo�:gage insurru►re in effe�t. If, for any reaso:�,the
<br />-_ --- --�a , rnortgage insurance coverage.required by E.ender lapses or ceases to be in effect,Borrowei shal!pay the pr�zz�ns re9uired to
<br /> obtain covetage substantially equivalent to the mortgage insurance g•Feviousty in effect,at a cost substantialli��eq�aivalent to the
<br />-•'�; cost to Bu�:ver of the cnongage insurance previously in effect.from an altemate mortga�insurer approved isy:1-enaer.If
<br /> substantialty equivalent mortgage insurance cuverage is not available.Borrower shalf pay ta Lcnder each month a sum equal to
<br />-`= onatwelfth of the yeazly mortgage insurance premium being paid by Borrower when the ins�r'�::ce coverage Lpsed or ceas�W
<br /> �,� ;� be ip effect.Lender witl accept,use and retaln these payments as a toss resen+e in tieu of azartgage insur',�.�e. Loss resen►e
<br /> i, .:.f:-:-s�=:'.:' Farm3d2S 9190
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