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<br /> � . 3. Hasei�r M�e�ty irwra�ce: Bom�rer sball kap;the id�provemeat�now►caciainE a 6aeiRar anc�d3.vn tbe . .
<br /> pnope�ty ins�ued s�aiast Wss 6y firr.i�puds�ciuded within thc te�m.°exteoded cm+�r�C"�nd�►Y other baacds.includit�
<br /> Rood�ot lloodiug.fot wfiicfi i.enda nquites insuranrr.Tlus inwr�tK'e sl�1!be aninfaioed ia ti�e annouets atd for the pe�iods
<br /> ����5.�1�e in�raene pmu proYiding�he�asur�nce sh�il be clwsen by Sori+ower subject co l.endci s approval
<br /> wfitcfi shaiE tx�t 6e unrsason�biy writhl�eld.iF Bocr�wu taits w maintain coverage desrn'bed above,I�der may.at[.ender's
<br /> optia►.�o6tain wverrge�opcotect I�'s rig6is in titc Propersy in acm�ance�r[th paragrap6 7_ � �
<br /> ' A}f iawrnnoe po�icits aad renew�ts s6�11 6G acrcp�abTe to ltnde�aud shalt inci�dt a standacd mott�clausC. Gender
<br /> -- —- - - -- �--- � strili lta�-thexi�tia3�atQ ' ' i€I.en�ef-AequirGS;-Bcumv�u slrall P.mmptl�r�i�re to l.ea�der ai!recei_pts of
<br /> P�P��aad nenewd notices.Ia tUe erent of loss.Earov►ec st�all give prompt notice to t�e inwrance carrier and L�ender. ---�--
<br /> t.end¢r may make proof of loss i�aoe m�de�amptlY bY Bomaacr. � .
<br /> (Jakss LRnder an�Bora�wer dherwise agra in writing.inwr�nce pnxee�Js si�!!6e applied to restoration or repair of the '
<br /> property.dart�aged.if We rcstorrtian ar�ir is ecorr�micotty fqsibte aid i.eodec's sa.-urity is not lase�cd.If the restor�tiop or
<br />._ . npair is aot eoonomica}iy feasibic or Lender's sa�ur�ty v�rould be l�ssened.the insurance pruoaeds shatt be applied w the sums .
<br />- secured by this Seeutity taucumctM.whetl�cr nr noc then due;viritA any excess paid to Bortov�rer. [f Barrower abandot�s thc
<br />,.;: PcopenY.a does not answer within 3�days a notiac f�am f,snder�hae the inwr�nce carrier has o,ffe�ed to sa41e a claim,t�en:
<br />� t.endcr.may use ti�e praceeds w repait ur reswre the Prope�ty+or to pay smns.
<br />_- t,endcc may ooltax the iasutance prc�coeds• . ,
<br />-''� secursd by thts Secvriry[nsttttmetn,wiKtlur or na tlren duc.'RK 30�day perbd will begin whect the notice is given.
<br />- Untess Lender and Sacrower othetwise agroc in:wziting,ai►y appliwtion of pcooeeds w priucipat shalE uot eatend or,
<br /> postpore tt�e due date of the monthlY paym�ts aferird tn ics paragraphs 1 and 2 or change the acnount of the paymerns. i6^ .
<br />' = undcr puagraph 2l�thc Propeay is acquired by I.ender,HomRwer's right to aay iaswance pollcies aod proceeds resulting fnoim�� . - __ -
<br />- dun�ge to the Praperty prior to the acquisition sh�l!pacs to 1.eMer w tbe extem of the sums salired hy this Socurity-insu9mcnt... _-__
<br /> imnxdistely prior to i6e acquisition. : . •"
<br /> i.Ocap�ocy.pk�sav�e.btafoota�e�ce and Pe+otenfoa ot tbe Propn'ty;Bocivw�n's I.o90 Appi�catjon:l.nsel�old�.,._ . .
<br /> Borrowcr st�a11 ocatpy.e�ablish.and use the Fra�pe�cy as Borrower's priacipal residrnc�within sixty days after ihe eaecutian a6�• . --_----
<br /> ' . this Socurity Instn�meut a�s..�alt contiaue w accupy the Property as Borr�nwer's pn�;residerce for at teast one year after•� :�..-=:.T
<br />- t- . . the date ef occupanc�.ante�L�eader othenvise agrees in writing,which cansent-shaJt.nac ti�unr�onably withhcld.or untess �-���
<br /> - � eztenuating cir�ex"sst�xhich arr beycx�°Bozrower's�comm�{. &►rrowcr sfialb`not destroy,damaP,e ot impair the. �'-%�=g:�
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<br /> praperty,allow tfie Pmperty to deteriorate. or mmmit waste on t1te Pcoperty- Hamawei shali be in default if any forfeiture• ' �x',�::;�t�;'•:;R_.
<br /> • _ action'or.proccodin$.whether ciirii or crimin�I:ig begun that in l:ender's g�a�faith judgment could resutt ia forfeiturc of tha . �����.
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<br /> �`4 - - - Bu�trawer ma r�
<br /> [.ender's securi interesc. y _r ,
<br /> Pro or otherwise materialty�mpair the liets cr�ted by this Seturiry Ii�strq�*ent or ry •r.,a Z,;u�--
<br /> • �, e u
<br /> _ �,_g;-, cure sacb a default and ninstate,as provided in paragiaph 18,by causin�tfie action or p m c e e ding to b�dismi s s e d wi t hia m l i n g� �. ;�=
<br /> farfeiture of the Bomiwer's iaterest in the Property or othtr:marerial� ;:_��-
<br /> - . - that. in Lender's grwd faith determimtion..Qradgdes _ .�*t*��: -
<br /> ' ;� �' Im rment of the lien crcated b tfris Sesvrity Instrunoem ar Lender'�se�ro�itY intczest. Borrower s6atl alsa be in de f a u i t�i f d --
<br /> - -' j Borrower.during the toan applicativa pracess.p�+e matenally false ur iirac�e'snfarn�ion or statements to L�eMer tor faited a . ,��'�,�_
<br /> -� ��.
<br /> _ to pravide I.ender with airy�`f i�formation)in conneetion with the tuah evidence�tiy=tfie Nate.inc l u d i ng,b ut nat limi t e d. .. �
<br /> " �� -'- to.representations coneemh►g Bari�+er's oecupancy of the Prape�ty as a principal residetcc�e.,if this Security Instrument is on a �; :��; r�;;
<br /> tc�
<br /> : �" ��•�.»�;:._; tes�s�hc1�. Barrower �hall�cor�qxl�+ witb al! the pravisions of the tease. If Borrower acquires fee tide to ihe Property. the ��':'�''�.;
<br /> ^�����-��..x�,_'
<br /> "��-; • leasehold and the fee titte shall not merse unless I.ender agrees to the merger in writing.
<br /> . v T.Protectbn ot I.ender's[Sights in the Property.If Bonawer fails to perform the covenants and agreements contained in . ;
<br /> ` ''i'`� .x;�'�': ` this Security Instroment.os there is a legal protteding that may signifrcantly affect I.ender's rights in 1he Property(such as a • . , e
<br />" _ .;�� :; proceeding ie bankruptcy.prob•rte,far candem�ratian or forfeiwre or to enforce laws ar regulations), then l.ender may do aod __
<br /> -� pay for whatever is necessary to protec� the valuc af the Propetty and i.ender's rights in the Property. I.ettder's actions may
<br /> '��'. include paying ariy sams secuted by p lien which•has priarity over this Securiry laytrument. appearing in•caurt. paying - -_
<br />' �':'��:�� .rpsonable attomeys'fees and enterina on th�Pra;�rty to make repairs.Althaugh Lendcr may take aetion under this paragraph . . , �v
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<br /> . .•• .,,=1�-: 7.Lender does nat have to do'so. .• � , �. '
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<br /> . Any amounts dis6ursed by �nJerunder this para�h,� that�'�e�c udditi�nal debt of Aonower sccured by this , ,,_;.:,. .
<br /> � ���' ` Securit���nstrument. Unless Barr�f.er and L.endcr agrce to c�:°�*,iv�inss c�S FaYment.these amounts shall bcar intcrest fram the '�•`'�;?;�•�_
<br /> 'F':'� date c�f�::�Es:trserinem at t6e Notc rate and shall bc payable. �N:�:�'irrer��:pc�n na�ice from Lendcr to Rorrower requesting '`�`�',;``,_
<br /> � • , •;, . Pa3'n'.ec�C,�: . . =
<br /> •;� g._l�ta't�ge In�o'aaee.if Lendcr required mongage insurance as a�canditian uf making the loan securcd by thiy Security • , _ , --
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<br /> ,�,�•,; �`��.a-����' 1ns�er�".��. �at�'a�+ea ySisil pay,�the premiums required to maintain 1he mortgagc insurance in eifect. if. for any r�,son, the . 7
<br /> �,;'.�';;. "'�'z-'� � � mo;4�i.;sara,-t�e ooverage rec�urrcd by Lender la�es ar�"s to bc in effcct. Hnrrower shall pay thc premium.s caqtcired to
<br /> � �?�:;^ ..����'�� ' obta'rn cavera e s�ss°�arstia1 e uczatent tcs the mo»gage ins;,:c.:nse reviaWS! in ef'Pect,at a cust+ubs�antiall uis�i�it to the •
<br /> • :,�. $ tY q � ' P Y Y�
<br /> ��"'`:��'.'-,+- ' wst ta Bottaweroi�thc mortgage insurance p:t:siou�ly in e�'°ect. from an altcmatc mortg:�gc inrnurer approveci by I.ender. li •
<br /> - ' ' substantialty eyuivalcnt maRga�e art�ranre rovcregr ic not a�ai?able.Borrawcr 4ha11 pay to l.endcr cz��monlh a sum cqual to
<br /> "� ' �`` �" � one-��relfth of the early mart c�•r:r.surancc remium bein id t� Borrowcr whcn ehc�,�utancc c�c�:r� c lu �wt os ceaced to
<br /> . `i:: Y € �W P 8 Cx Y , � p�'� ,
<br /> `�?�'``,'=°:`, - be en effect. Lendcr will acceDt. �::e arxl rctuin thesc paymenc�a� �tm� resen•e in licu or mortgage insuranra. i.e� rc+cTVe ;: . ,
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