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<br /> �,C �� �`"� L�cBaCC. BomaWer shail ketp the impmve�ents now esistin$or hece�er eRCEed On the �. ¢r,��
<br /> _�.�x.� . S..Ha�td��9 a 'and an other 6a�ds,inc[udffig
<br /> �::�_."`F'f � p�y���loss by fue, �ards inciad�d within the i�m eateaded ooverage Y �for the. �t� r
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<br /> _�*�--`'�`�``���+` lI18t I�Cadei teq[si�S.T6e��su�toe���p�i�S�����1 6e dtos2�by Bor[owe[subjeei M I.eIId �s� _ °x�_rs`
<br /> � , ,; a6ove, L.eader may►, � x:
<br /> � ; � ;,�;- w�shall not 6e oa�snnably cvithhdd.If Bormwer fa91s to mam�in oovwage�� s .
<br /> � :Y �--� obtatn cw+et�8e ta toa Lender s rights in the Prop�rq►ia acootdanse wlth paragraPb 7. < <n
<br /> ``:��K E,.�.�. `".,. °�°pu in�a�e po1I�as�0 renewais sh�il he aooeptable ta Lendet aad s8a11�inciade a e�a�aM umrtgage clsuse. L�der ,;:;
<br /> �•, .
<br /> :;�'�H�.<;�k• shall have the righ'c w hotd the polIc�es aad renewals.ff Ixader�:Borrow�s6all pmmptly give w Irnder all n�aeiPts of -:;:r,:x
<br /> carrier and L�der. r
<br /> -- -_=-- :".`' �pr�ism�and ree�eevrat notices.In the event of loss.Bo:rower s6a11�ive prompt not�oe co the insuraaoe <'
<br /> f ��"°� . 'Leader ma�matce roof of taSS if not mads P��Y bY�mowet. � � .
<br /> -�..``=�R-� irnte�r.t.en�e.�r and Eiormwer oth�wise a�ec in wridng,ins�auoe PrQO�s shall be appl�ed to cestotattan or r�sit a�the
<br /> •�--_-� rv.h--r.n.,•ninnaT �-
<br /> ��- :^- -'. ::J �rOFett}►damab`e�.�f tite restoiadan as rePair ia ecotwmicalty reasmte mia iRaaer a�:.�w:�•:.•�••••-- ,� .
<br />;���.i_��_,��_._;�,� ceeds ehall be hed to t6e so� �
<br /> - .,:.:"� rep�ir is pot ecanott�cxt�fY�asibte or Lemdes's sc�urity wattld 6e les�te�d.ihe iasuraasx pta �P� '�,�=::
<br /> ;`,'`�,�.,;. sea�d try thia SecwitY Insuumau. wdether or aot then due.vyitb asy eas�ess padd to Borrewer. If 8anower abaadens the ,_,,�:.:
<br /> y�t
<br /> � ti L� � pmpetty or does nat aatiwer withh�30 days a not�cc from L.ender that the insa:au+oe carrIer has offered to sdtt�a�c�� -
<br /> _�Y t , .��:> • e the rnoeeds w repair or resm�+e the PsoPertY , ::
<br /> 5 ,��.�� ��> ixn�er may coltect the insuraace�ptooeeds. I.ender may us p '-�=
<br /> `�&t`.?�,�_�.�,;.� se�byr this S�rity Inst�t,a+hethgr m nat d�en due.Tde 30�day period will beg'in w1�the notioe is gi�►en. ,�:£,,,:
<br /> � " �- �rra �SWes�I.an�er e a d Bo»vsver fl r b e r w i s�a g r e e i n c v d u n g, an y a p plicatiori of praoeeds to priaci�al sl�alt not exteud or
<br /> ` ��:_' � � onG ttse dma date cs�the uLUatbiY Rayu¢ents referred w in parag�apt�s i and 2 or diaage t6e amnunt of thc paym�s. If '
<br /> ,.,.�.' .= p°� D I.ender,Bomawer's right w at►y�polldes,and pra�r�ultmS� �` :�_
<br /> '-.��:x...�: ��-: �er patagiapli 2t'the Pcopetty is acqoire� y � .� -
<br /> '' t �` `s e w the Pmperty puor w the soqaisitian shal!Pass�°i..�ec w the eateat of the sums secured by d�is S�►
<br /> `' � `�.' ���Y P�r w ttte asqnisitIon. ' Horrnww' Appttcation'.I.�ab�s• `
<br /> " � � ` b Ob�CY•��a+M��ead Pratec�on af the Prapeity: s Loan � ;
<br /> � ���: . s, .;, Bormwer s�ali axuPY.�Islisb.and use the Propert�►as Burmwer's prfaapal i�deace wid�ia sixty daYs after the ea�of . --
<br /> ��� .�."`'•, . t�ia g�tyr Inst�ua�it and shaU camt�e w oaugy tbe Ptopcxt9 as Borrower's pr�ac}pal re.vdence foi at least aae yea3c afLer
<br /> �5,`��.:::::-'. ... . 1 wit�lteld.or untess , =
<br /> �°�`-��-"i'r'=�- � otl�zwise in wrlt�ng,which wnseat sl�ali tmq�e tm�so�ab Y �.:`;;:
<br /> �;-� jhe date of atx�partcy,tmtess Laades a� :
<br /> .: �� r � wtucb ar� 6eYoad Bntrowefs comrol. Bormwer shall not desuoy., daumSe a��� . �zj °.
<br /> exteaua8ng circumstanoes exist Bonower sba13 6e ia def�lt if anY forfeitur� '
<br /> ' � . Pco�tg.aitavr the�op�y�deterimate,or oommit Rraste on the Pcaperty . . �"~t
<br /> ;,.. �, .,��� conld msult in.fatfdttu+e of't6e � �-. :
<br /> `.;. � acxion or.pm c x�d i n g,w h e t h e t c i v�o r c r i m i n a l,i s b e g u n t h a t i n L e a d e r's g o o d f a i i t►j a d� ' . � �,
<br />_..,�,s-�,;.;:.�� P c a p e t t y or o��wise materiatiY I�uPair the lisn cre�ted Dy this�ity Iasa�unem or Lendea's sea�rltY iat�-Bor,rower may . . _
<br /> t;.:�{ ,„_., as. v i d e d i n b 1 8.b 3►c a a s i u S t h e a c u o r�o r p m c�d i n g t o b e d i s�w i t h a� .�_-
<br />�1'•,-. ; +. �; • care sacb a default and ieiastate. P� p�� af thc Bomawer's inrerest'in the Property or othex a�aterial --=-
<br /> e a�►
<br /> � � `�!� � u�ies forfeitu�re --
<br /> z,.� _.. . thai,in 1�''s good faith determina6on, precl �
<br /> ° : ` : of the liea�created by this SecattitY Insuo�e°t or I.endec's set�itY interest.Horcawer stiaU aiso be in def�it if • --�
<br /> - `'�h.;.:;: : ��& app � Pro � information or s�ts to LRader(ar faile�d .�=K�
<br /> �:�: We toan It on cess, ve materjalty false ar inaoauate -
<br /> ti�..
<br /> ' F ,`:::� . to provide LeQder with aay matedIal infarmation)in oanne�on with the IoaA evide�rotd bY the Nota.inchiding,but nut tmHted _ �� ''-
<br /> *:S ' ':TJ�._ ° �to�.ce�resentatiun4g coaoeming Borrawer's aca�paucy of the PropertY as a Priactp�l t�dedoe.If this SerAritq Inst�ament is on a
<br /> , , . - , e ° � =
<br /> �"'. lasehotd. Bomower sha�i comply wit�aU the pmvisIona of the tease. If Bonower acquttes fee tttle�o ttee Ympertji; the _
<br /> . .r:, • - -
<br /> •_� lea�eholA and the fee titte sdali not merge unless I.�nder agcees to the u�get in writing. . ts contained in � ` -�--
<br /> . -.• I- :: ,:'`'� 7.�on oY J�d�s Rights ia the Ptvgeriy.Jf Borrower fm'Is W pe.rfomtthe cavenama aaA agcecmen
<br /> .�,:; `��..';_�::'. ��. ffi affert�s rights in tRe P'coperty(sttcb as a ---_
<br /> ,";'..��.:..`.��; . this Seauiry Iugpmuaent.or the�is a tegal pmceediag t4at maY B��Y
<br /> iam
<br /> :. ` ��, ia b mbate.�for oondemnaHon or forfeitare or to enfarce taws oz,regu�ations).tl�a l�Wer may do and ,. —_-
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<br /> _ � �. . ;�;. . PT��� �°PuY•P the vatae of the Properiy and�i�uder's,rights in tbe PmpertY.Lender'e acdons may •-
<br />°;';,�:=''��:�:�=�a �: •.pay for whatever ia nece�a�y►W prote�t ��� - -
<br /> ' ^`:'�� ittctade paY�aB �►Y.sams s�ared hy a lien which'bas prIority aver thls SecarBY Ins�t, app�S ��
<br /> _�.:��� �asonable attmA@ys'fecs aaa emerin$on the Property to malce�+epai:'s:Alihoagb Lender maY take action andeathia paragtapb
<br /> �::.-�;,,... . .
<br /> •�.r�->;_. • . �7'.LLeud�er daes nnt Davetio do so.
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<br /> ,,:;,;�:;:,;;.::,_};� _. Aay�amnuats disbnised by I.ender anQer this pa�agraph 7 sBaU Deeome additionat debt of Hormarer's�by �. --
<br /> _ .^+easeitv Inca�iaen�.Unl�Bnrrower and Lender agree w other term�of paymean;.thae emrnmts sAali bear i�erest from the
<br /> :•� ` Y- -- date of disbuisemeat at the Note rete�aad�s�all be�yab2e,witn mce�st, �n urnic�iivm I�c►�ei to�o,�aCr�s�� ': -
<br /> -�� � '_ �, ' � e insareace as a cat�dition of mak�tag the losn secate4 by this Secutltg►.
<br /> � ^. L . � S.It3oirtgage Im�ur�c�.If i.ender required mortga8 • � _
<br /> t�g jn effect.If,,for any reason:the
<br /> r, :_,;-::: �-�:. . Insttuttten,t,Harrower shall PaY the pre�€ums reqaired to maiam9n t1�e tnortgage iasn�aace . --_-
<br /> .a .,� —
<br /> �r:; L,euder lagses or oeases to be ia effe�.•Bnn+awer shall pay the g�eamiurns neqaimd to -
<br /> :,,�:;�;;t�:�:;:;:,.:;,. tnartgage Insurauoe cav�raSe raquu�M+ v e�t to t�e =__
<br /> ' .::�.;�. .;...� ;: . oMain covetag,e substa�lafiy equi�►alent to the martgage insnrance previoiisl�r in effect.at a cost substandally:equi a� -
<br /> '.�� � ;`� aosc w Barrawer o�th�mort�ge�anoe Pre�ia�s3Y ia.eff�,from an altemate mortgage insanes approved by Lender.If
<br /> ; `,,�: ;;''•' sub�mtially equivalent mortgage insurance wveca�is aat availabte.Borrawer sl�aU pay w l�eader eacb�ath�sum eq�af to
<br /> , ��'
<br /> ;�:.�.,,: . !.:f%,.' am bejn aid Bosrower ahen the lnsucance cove�e lapsed oi oeased to �,�
<br /> `,.;,;_1.,;. .. onatwelfth of the yearty mortgage insiusnoe Pnemi �P bY -- -
<br /> ::.:i,.��` . be in effed.Lender will acceps,use and retain these payments as aloss reserve in lieo of saostgage insuranae. Las� resecve �J
<br /> ... .;.., . iorm 80Y8 9/80 �::
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