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<br /> ,.°�: .. S.Ha�ard or Property IuaurAnoe. Bomower shell keep ihe�nproaements rcoa exisdng or ere�ter erECtod on e getty �,
<br /> � - �,� ���' iasured against loss by fire. hazatde includcd viIthin tha tecm°exteadcd covusge°end e�ay asher hezards.iucludiiag flooda or ��;�
<br /> - ;"°L floodiag,for wblch I,euder r�quines ineurance.'ltiis insumnca ahnll be maint�tned in the saiouats and for the pe�rioda that I.endea
<br />'� , �- . :'"" requires.'R�e Insurenca r,arrter prnvlding the lnaurence shall bo chosen by Bairower eub,(ect to L.ender•s appmval which sdall not
<br /> � be unztzssonebly wIthheld. If Bonower fr�iils w meinlaln cavoraga descrlbed above, Lex�der may, at Lertda's opdon,ob�in •
<br /> coverago to prauct Leader's rlghts in tho Properiy in occerdenco wlth pareg�aph 7.
<br /> AU insura�►ca policie5 s�nd renawais shaU ba ecceptablo t�Lcndcr a�ed shatl include a standard mortgage clause.Lender shall
<br /> �� 'Y �� have the right to dold the pollclen end renowals.If Lcnder ruyutre�,Horrowat ehall promptiy g[ve to I,ender all reaipts of paid t;�
<br /> r ..r., �eraiuens und rznerm!notican.Ica tho avent of Ioa�Hosrar�es chall givo�reanpt aot�ce�9 ihe insur�nce c�rler and I�encA�r,Lsnder
<br /> : �;;�,.ii�,��;; may make prnmf ot Iosa tf not msde pramp3ly by 8o�ower. �.-
<br /> :.�' Unless Lender and Barrower otherwlso agrca in wrtdng►ina�er�ca pmcocda eha11 be applied to reswration or repafr of the
<br /> .;�q�.,�„e,��e Aroperty damaged,if the mstoratinn or eepair is oconamkWy fcASlbb aad LenGar's seraetty�S not lessened.If the maLOration or
<br /> j�� ; repatr is not economic�lly fect�lble or I.ender's socutity would bo lossened� tho insurance pmceeds shaU be applied to tho sums
<br /> �� ,.,"��, sec�red by tttis Sax�rlry Inshutreent. whelhu Ar not tttcn due� wlth a»y¢occess paid to Borrower. if Bormaer abandons the .,:
<br /> P,ropeaty,or dae.v nos m�s���er��1Ithin 30 daye a noilcs from l�atlss that�ts lnsuaance aurd�has offerad W seute e cFalm.then y�t.
<br /> � Leader may cflllect We insuranoe proce�s,t.cadcr may usa iho prococds ta�peir ar resto�the Prope�ty or to pay suda�secured -- =
<br /> _J � by diis Security Insa�uraent�whedeu os noi then duo.'Ifie 3(}�day perlad wUl bagin when the nadr,e�S glven. �-
<br /> ,•, ��• Unless 1.eader and Honawer alherwfse a�ee in�vridn8,anY aA?ll�tlon of pr�caeds to pdnc�l sha11 not extend or postgone �_.�:_'
<br /> �''.. :. •�.;�; ths due da0o of tha monthlY P$Yments referted to in parep,raphs 1 and 2 or change the amount of the payraents.If under paragraph
<br /> . '�.� Zl t�e Proparty is acquired by I..cader,BQ1[ONlC!'8!I$�1�f0 8AY IlIBIJtYi1C0 p0}{C�l9 QRd(!�8 I83WHAg F[qm �81I18g8 t�tllC �t"
<br /> '�� �P�Y P�to the acquistdon shall pa4a to Lea�to tho axtont of tho euau Rocured 5y this SecurIry Ius�ruraent Mraediately _
<br /> ... �'.-:'� ��: c prior W the acq�isldon. �`-
<br />-;';��..:�,":_,,.,.: 6.Occopancy Preserv�tion,Maintenanoe and P�rot�ctbn M�he Ptr�rtyi Horrower'e Loan Appucutbni Leas�hok�s. �==
<br /> . .. -�` Boaower shall occaPY.estabUsh.and usa the Property as Bo�rower's princlpal rGSidenco within sbcty days after the execut�on of - -
<br /> � this Securlry 1nsl�umeut and sball oonttnue to oocupy the Propaty es Borrower's ptlttclpel residenco for at least one yea�r aft�r the �'':'
<br />�'°�� ':'�4, date of axupaacy. unlesa Lender othav�dse agcaes in wtldng� wtiich cottsont shAll not be unreasonably wIWheld, or uNess --
<br /> ;:,.,K�_ :;- � ` wcte�nadng cincamstances exist c�hich are bayond Bonowu's conuol.Botrowu shall notdasuoy.d�una8e or impair Uie Prope�ty. �
<br />--r;' r'.� sllow the Prope�ty w deterlorate.or wmmit wasta an tho Properiy. Hoawwer ahall No in defaWt if any forfeit�e acdon or --
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<br />- pmoeeding,whether c1vI1 or crlminal.is besgun thet ln Lender's good faith Judgmcnt cauld Y+esult in forfeiture of the Prupaty or �:-_
<br />�:`=i`";,. '' ottteralse mateiially impair Wa li�a created by this Socur[ty Insnvmetit ot Lender•s eacurlty int�etest Botr�wes may ctue sttch a
<br /> :?°��� default and re�nstato.as prnvided in paragraph !8.by causiug the action os prooeoding to be Nsanissed wIth a znling tdat,!a
<br /> -=��=:�':`';�;. r Leader's good faitb detesaa�nadon,Di'ecludes forfaiwno of the Bo�+nwu's interat!n the Fro�e»y or other maurial imp�rrnent of --
<br /> „zf.�• the lien acated by thia Seauiry Iasaument or Lender=a socuriiy u�tercak Boaower shaii aiev ba in da£uult if Boaowa,d�tting tha °
<br /> �~*�� � ' laan upplicadon proces,�,gave matalally falso or ina�ccutate infonnadon er stauments to lander(or feiled w provlde Lender wIth
<br />- ',`";:.t�`�� en material infom�etIon In cutmxtlon wWt the loan evldeticad b the Note. tnclu
<br /> �``��,��:s��_ Y ) Y dNg,but not llmlLtd t4. represen�ons
<br />__ .�_�,��—"�� wnce�ning Borrower's oxupancy of the Propaty es a pslnctpsl ra�idAace.IP lhis 3acurlty insttuumeat!a on a k�ase6old,Boaower
<br />-_=��.�:���. shall comgly wlth ell d�e provlatons of the lease.If Borrowu acquires fee dtbe to tho Pe�op�rty�tha leasehold and tho fae thle shall
<br />___:-.___. aot m�age uniess IRUder a�rees to the merger in wiidng.
<br />�"„'°":�'�:`� 7.Fifl4edton of I.endee's Rights in the Froperty. IP Bot�ower t�tis tn `-
<br /> =�.... pert�n tho o�va�anW aud egree�uerits contaiaed ia
<br />_='`�°-�`°`.'°` S�P�8 tbat may elgaiticanely nfiact I..cndss's ri�kis in tice Propecty(sacb as a
<br /> ::�,��.. this Securlty Insuumeu�or there is a le
<br /> .,�=-y.:=� P�8��P�Y.P�bace,Wr aondernnadoa or forfeiaua or w eAfa�ca�wa or regWatlona).ther�I.eudar aiay do ead WY
<br /> =,T�.;,."�;� for wNatsver ia rtecess�ty W prcLtct We valtte of the Ptopetty an�I�ender'e sigh�lu the Pr�op�a'ty.LCnder'e acdons may iuclude
<br /> ' ---.°".�"'.�� PaY�B any sums secured by a lien which has prlo�ity over this Secutiry Inawmont,tppeari�f� ir►owut. PaSrinB reas�nable
<br /> --= attomays'feos and oataing on We piopaty to at�ice rcpairs.Although Lcnda m�y Wte actlon undor thla pa�ge�ph 7.Lmder
<br /> - - does not have w do so.
<br /> Any amonnts distwsed by Ler►Oer unda this par�apb 7 shaU beoona addition�l dobt of 8arowet aecurod by ihis SecurIty
<br /> ____._�_ _ Insuumea�,UNass Borrowa aad Leada a�oe to othar tarns of pqymen� thaao uaouats ab�U bcu intacst from the data of
<br /> -�� dlsb�usement at tLe Noto rate and s6sll bo payuble.with laoa�est�upon aotka 6+om I.w�der to Homowar req�8 P�►Y��
<br /> - --- &Mort,qage Insurana. If Leadu requfred mo�aga insurenca as a o�ndidon af ro�king tho Ioan socurod hy t6i�s SecurIty
<br /> --.,_�° Insaumeat� Borrowu sha11 pay tve premiums requieed w maiatein tha mostgatge lnaunr�ea tn effeet �f�far any reason.the
<br /> mor�gage insuranoe covaaga roqtdnd by Lutdet lapses or t�eases to be in eftect.Bot�+owes ehW psy tho pcemiums tequirod to
<br /> ---- obraia ooverage substantially equivaleut t�the moiigage iusurance provlotaly in etfec�u a coat wbu�ntvUy equivelent w tln
<br /> __---_`_-_ = oosi to Aorrower of the mortgege insivanca prevlousiy fn ef�ec►.from en ettanau matgago lnsunar epp[ovad by Lendu.If
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