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<br /> _.. ..t5�`.E�. .� � S. Ha�d or piopesty insm�anee. Borrowet sl�afl I� the impmvemeats naw existi�g or hereafter erect� an the .
<br /> � ::� F��,; other hatr�ds. incinding E °'_
<br /> a� Property insured agsiast loss Iry fa�e. hmards included witltin ttu term'extatded a►verage' and arry
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<br /> .`�� �,`,: `�r.� flaods or R�oding.far wdich L�der requires fnsvranoe. 'i�is iasuraaoe s6ait be mainmined in the amounu and fer the periads ,�. ..
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<br /> �,�`_�.,�•o::.�.�,`:; that Lettder requires.The insutance carrier provlding she insuTanoe shaH be dtusen by Borrower subject to Lender's approval :.,�,•y_.
<br /> Le
<br /> `�`,,•a�`_'� wt�cb shap not be unrcasonably withheld. If Borrower fails so mvnta[a cav�rage described abute. Lendec may. at l..ender's �:�<':.;.._
<br /> �`;K;`.����:�'�.`;�'�;;� �tioa.obtain coverage to pratect Iratda's rights in the Property in s000rdanoe with ParaSraPh 7. ''�;�=`. .
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<br /> ```.•,��`��G=,.-?•s Al1 iawrance potiries and renswa}s shaU be acceptabk co Len�er and shall iactude a standard mortgage cfause. Lender ��.`::
<br /> t ` � '•: en ve to Lender ail mceipts of � ` r:'
<br /> : shail have the righc to hnid the poliaes and reaewals.If L.eader requires.Borrower shaU pmmpdy gi {
<br /> :._ ``�•��r., .:° `' paid preminms and renewal nodoes.!n ttte event of loss.Borrower s h a l l give prompt ao uce t a t h e��u�a�t ce����n�. � ,
<br /> ` �`�-s`•�.`� So�osvet. ,
<br /> � ,,�� :, I�nder may make praof of toss if not made Pra�ttY bY s
<br /> , < i'��� Untess I.ender aad Bormwer odterwise agcee en writiag.insurance pmceeds shaU be applied to cestoration or teQair of the � �-'�
<br /> " —�- F�u p�.'ty d a m s g e d,i f tltc rastor.uiva ot r e g a i r is ecanomically feas�ble and Lender's secvrity is not lessened.[f che resmration or ;'
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<br /> • <<.�, repair is ant eoonomically feasibte or LeAder s seauity would be lessenta.the insurance Pro°�ds st�aU be appiiad to tl}e sums y'��
<br /> .�"�:�s:.��� '`� = F�- secured by dus Secutity Insuument.whet2ier or not then due. witb anY excess paid to Borrower. If Borrower abandons the �.:- �:
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<br />`�:`F;�-;i��:�''�- property�ur does ant answer within 30 days a notia from Lender that the insv:auur.e carrier has offered to settte a daim.then _'::{:_,
<br /> � �� -,: -._�.:,^ L�der may cottecc the ins�ranoe proceeds. [.en�der maY use the P='oceeds to �xpair or cestare the Property or to pay svmv .,.;;.
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<br /> °,���•:a': �by�his Security Instnmient.whether or not then dua The 30-day period wi11 begin when the aotice is giveo. _ ``�4:::
<br /> �,�J'r;��;�?:-°`,�.�' iSnless I.ender and Borrower otherwise agree in wciting, anY ePPUcntion of proce�Ls to principal shall aot exozad or �.�
<br /> ' _ , , = pastpone We due date uf the monthlY Pay�eats refer�+ed w in�bs I and Z or change the antount of t6e�ymeata. If , �,
<br /> -- _ -_ -:,,F uader�paTagraph 2!the Property is ac�rited by I.ender. Borrower's rig4t to'azry i�uaranc,e pnli�ies and p�eeds tesutting from �
<br /> this Secudty Insuumeat '=y,
<br /> , °� `� damage w the Praperiy Prior to tlre ac4uisttion shall pass w I.ender w the extwt of the soms s�arod bY� y .
<br /> `� �, '� ' ����Y Pnor to the acquisition.
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<br /> .�.r; F. 6.Qcea�suey,Yr�ervation,Maint�aaoe and Feotedtoa of the Heoperty:Barrowa�s L�n AppiEcaUon,Leasehoids. �_:
<br /> -'=`":r�_� -:�:: . Bormwer sdail oocupy,establish.and use the Prope�rty as Bomuwer's pm►sipal�ce within siaty days after the execution of �:�
<br /> �r w t€`�5:; this Sc�airity Its�meut amd shall coannae w occupy the Property as Boaower's principal residenoe for at least one year aRet •
<br /> . ::•;`�A.,. t.:`�' t6e date of uccupancy.wiless Leader othenvise agrees in wnting,wlricfi co�t►t sbal!aat he nnreasormbly withketd,or untess ,�.�.�t,, �,
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<br /> .._ .::�,.;�:.`,;:`. extenua�ng c�scumstances exist w1ucG are 6eyond Horrawer s control. Bonower shaU not destmy. da�aage or impair the ��-�
<br /> -:,::=:;�.�..'`: :-°� pmperty� altow tlte Pmperty to deteriorate,or commit waste oa the Property. Borrower shall be in defanit if any forfeimr+e �
<br /> r� `�' actioa or pmceeding, � _
<br /> �, , �.:,,�•r whether civil or criminal.is began iLat tts L�tder's good faidt jud�t could reantt ia farfeimre af.the � _.
<br /> property or otfierwise materialty impair the Uea crea�d by this Securlty Instrament or Lender's security imecest.Bomower maq
<br /> t t�:.`.�°.;`.. .-;�e:: cure sach a defa�ilt and reiascate.ag provided in pangraph 18.by c�ing dte acdon or proceedinS to be dismissea with a:nliag �^__
<br /> - "`.:��-�`;�. ti�a t, in Lender's good faitb detetminatioa, Prectudes forfeidue of the Borrower's iatemst in the PropertY or other ma[e� .��;�
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<br /> � '�� '��,-, m�pairc�ent of the liea cr�ated by this Seeuriry Iasaume�os Lender's security interes�Borrower shaU also be in defanit i f . � :
<br /> ry .''.�>` Bomm�a�,d�ia the loan liwtion ave materiall fals�ur inacc�ate infomradon or stat�w Lentier(or failed �
<br /> - �� �' w p rovide I.ender alth arry material inform�ad n)in connedion with the loan evidenced by the Note.inciuding,hat aot limited ��a� :
<br /> . Nf;-" -.,';'•,r'`• W representatEons ooncemiag Borrower's occupancy of the Property ag a prindpal residenoe.If tl�iis Sa�rity instrument is on a t���r=`.
<br /> `'�;;.-_.�,�-;.-::=:�..•�_-;. . fee ao�e W the ihe
<br /> .l••'� leas�old.Boirawea shaU oompty with aII the provisions of the tea�t. Hf Borro�va aa(uires �PenY+ ���::
<br /> : � ` '-`: teasehold and the ferutle shall nat mer8e unless l.ender agrees w the merger m wriiFag. .�
<br /> f, - �.�t+utectton of Laades's Ri�tts in the Praperty.If Barrower fails to perform the cuveuants and agreaneats coatained ia'
<br /> ::,` .. ,- � t61s Secority Iastrumea�or there is a iegal prorceding t1�at ma9 sigrrificanUy a�bct Lender's rights ia tlie Property(such as a �:{i�,
<br /> ' ''� f` � yroceeding in 6anivapu5+,pro ��
<br /> ,, ���`� bate,for oondertmation or forfeiture or to aifar�laws or regulationa),then Lender may do�d
<br /> '..��r�: � ��;.:"'�.,��.��` pay for whatever ns neoes.�y to proted thx value of the Property and Lender's rights in the Property. LRSder'�a�t. paying �?-
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<br /> :,- ��z:.t,.,:,.� iaclade DaYing ar�y.su�as serared b3► a llen which I�as priorhy over tLis Secarity I�b gPF�� � —
<br /> -���:r�t���'':.�:,'' reasa�suom4ys'fees and entering on the Property w matte repaits.A1thOU$�i I.CIIaCi 1I18y 181CC 8d�0A UIIdCi t$1S p2Y8�I! .
<br /> "� -�.f��`=.:-��'' " 1.i+�r does not have w do scr. .
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<br /> ,-���,.=;•,-..�:� � A�ty amo�mts disbarsod by I.ender under thia paragraph 7 shaU become addtt�onal debt of Eoirower se�aaed 6y t6is
<br /> ' .5, .,- Security.Instrmnem.LJnte.ss Borrower aad Lendes agree W other terma of paymen�.these amounts si�aall bear inter�st from the
<br /> , �::; f�,:. .•
<br /> ;;.:;,�-.� - -- date of diab��t the Note�ate and shaU be gayahle. with interest. npon noflce ftom I�ertder to Barmwer reqae.�ting �y`
<br /> *,I,` � ; '' Y ��� ._
<br /> : 8.1Viortgage Iasosanoe.lf I.eader required mortgage insurm�ce as a candition of�g the toan socured by tlus Seattlty
<br /> - ' :'.4:"";.;'F . Instctunent,Bornower shall pay the premiams required to maima�n the mortgage insoiance in effeet. If,fos a�ry reason, the �`
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<br /> '��';.:����;�:;-�';��,"� ; martgage insurauce coverage required by Lr,nder lapses or ceases to be in effect,Bom�wer shail pay the premiums�qO#rod W �;-
<br /> ;"'�':-�.,�, .; .�,.% '. obtaia oover@ge s�+stantfialty equivatent to the mortgage lnsvranoe pieviausly in effect,at a oost w�ally equivalem to the , s_,-=
<br /> }�' ;r. wst to Horrower pf the mortgage insurance previously in ef€ea, from an altemffic nsaitgage insarer aFpraved by Leader.If � ^
<br /> � �';.: � subs�tiapy equevalent martgage insurence ooverage is not availa6le,8orrower ahaii gay to Lender each month s sum equal to
<br /> �: �.' onaivvelfth of the yearly mortgage insurance pr e m i u m b e i ng�si d b y B o r r o w e r a h e n t h e i n s u r a n c e o o v e r a g e l a p s e d o r ce a s e�t o �;�:�
<br /> ..���<,��.'� .��.� be in effect.Lender wlll acoept.use and retain these payments as a toss res�erve in ileu of mortgage insarance. Loss trserve �S-="
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