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<br /> f. F?,�r.ard or i=eoo�rtY lueue+�rie�o. �;a7u��cr�hall kerp the e mprovementn n�w eYietin�or liereahor�e�otr.rl��i -
<br /> thc f'roperty ineured ageinnt los�by diee,hazards include� withen sn�carm"�xienuui.:ove;�,ga"an��n,.^.!her>>n3Ar�iq, �.�
<br /> including tlaads or flan�llna,far which l.ender re�uires ineuren�e. 't'hio in�urnnce ehaU be meintninr,�9n tfie arr►rrunt.a F��.L
<br /> end far tho perioda thet Lender roquires.'Tho ineuranco carrier�pravidin�the innurenca ehdl lw chnnan b� 13n���uwni' �,:�"
<br /> subject ta Lender'e npnrovol whtch ehsll nat bo unrcasonebly�vithheld.it 1Mrrower teils to m�intnin r,c�vorage det�oribed
<br /> ebuv�,I.endor f7i8y, at l..c:r��3cs'c option,obtaia cavesage to pr�lect I.ereder's ri�htn in tho Property in e►ccr�r�nnr,a �vitS� �`_.
<br /> pnregrnph 7, �
<br /> All innurance pc�lici�a and renewnle ehsll be ecaptable to l.ondor eaJ shall includo a standard mortgaga cinuse. _
<br /> Lender shell hnvo th�right to hold tha policlea nnd ronowala. lt I.onderccquues, Dotrnwer si�ell promPtly gtvo to __-
<br /> I.ender all receiptn of pai�l premiume and renewel nottas.In the ovent of loss,IIorrower ehell givo prornpt n�tico to thcs __
<br /> i n s u r a n c o c a r r l a r encE Lene�e;r.Irnder ms y mako proof ot lass it not rnedfl promptly by Boreower,
<br /> Unless Lender end Barrower othorwiee egroe in wdtinE,�nsurnnco proc G a l e e he l l b o epp li e d t u r e s t�a r a t i�.n a r r m�a i r
<br /> of thu I'�gerty dem.eged.if the restoratian or repair is econamic�lly toabibla and I.endee's s�cuz�ity iu nr,t leasenPd. IF tl.�a �-
<br /> rtstaratian or repai�i4 nn�t cconomtcally teasiblo or LenAer'a socurtty would be lessened,the inRUrnnr,o FroceerL�ohnJt bcj _
<br /> Applicd to the sums secured by thie Security Instrument,whother or nat thcn duo,with nny excas.n pai�t�Durrower.I4
<br /> �orrower abAndone tl�a F"ib�erty,or d�es not enswer within 30 deyE e notice from l.ender thnt tha inmrsanc,e carrier har3
<br /> oftored to settlo e cl�im. then I.ender mny wllect the insurnnso procoedc. Lender nnaY uEO the rsco:du to repair or _
<br /> restore tho I'rotxrty or to pay sume s�exurrd by thie Socudty Instrument.whother ar nrnt tlien d�te.�he 3(Yday period will
<br /> begin when the notice ie qiven.
<br /> Unlese Y..endor enrd Borrower otherwise agree in writing,eeiy applic:tian o4 pt�oceetis to prtnci�l�tsnil not eYtend or ,
<br /> poatpone the due dut�;a£the monthly paymente roterrod to in parngeaptes 1 and 2 or chango tAe am��mt�f thP pr+yment,s.
<br /> It under paragrapl► 2a the PropertY is ae�luired by I.endor, Bonower"a right to any it�urmce�o]ici�:e an.� IYx:�ccede
<br /> resulting fm��m damege tn the Propo�ty prior to the acquiEition shall pass to Lender to tho extent of v�a eusr�secur�d by _
<br /> thie SeGUr�'cN���trU�nent immedie4ely prior to the acquisition. �o'V _
<br /> 6,EDcrc�,pancy,Preserv�tion,Mdnten�ace and Pratcct�on at tho Proporty; Borrowcr's baaaM tA�r�..:r+nsic►,�� _
<br /> I.,�asehnlds.BorCV�i��t shsll o�eU�y,establi�h,and�sso tho Property ea �orrower's principal resid.�jt.�r c�+i°i�i�.u�s:s.�Y�Yo
<br /> aftor tAe execu¢ion u4'��ie Secunty Inetrun�ont nnst ehall continua to o�cupy tha Property es L'��Yrn��er s 11ri�olpal
<br /> r�sidence for at leaet nno year afte.r the dnto of o�cupancy.unle�Lendes otherwiso egce�in writin�,'svit�',ch enr��v ehall
<br /> not be unreesonably aithheld,or unle�excenuating circum�tunccs exist which aro beyand�orrowcr°n control. 'Lru-�n,��rer
<br /> ehall not destroy,damage or impair tho Property,nllow the:4'sop�`ty t�de4erioratc,crr ornznmit weste on the Propetty.
<br /> Aqrnower eholl be x�daYault it eny iArfeituro actio►i or pro�eeding, whetQCt civil or crimr.s�nl. is ioe:�:n thnt in I�ender's
<br /> �OOd�0ith jUdF,MOl3L cAUld TESUIi In[orioiauic�i il`a'v n������ �,►;�;;�;;�mwr�r�l�y;ern�ir the l?n created bY thie
<br /> Security Instrument or I.eadar's security intarest. Borrowar may cure such a detsult and rtiits�_•,ae providod in
<br /> ra ra� l8� by ceusin the nction or procading to tw dismissed with s rulr.�g �ihet, in I.endGr'o aead tnith
<br /> d�oter�;.�ataan.precludes t rteiture�?the Bonower's intese.9i in tho Property or other material impairment of t�cc lien
<br /> created by t�ie Sec�u�ity Instrument or Le:ider's sxurity inte�+�st.Borrower shell elso 6��n detnult it Borrower,during
<br /> tho laan applicatia� pracess, gnvo mnterialiy ftniF,e or ineccurnte tnt�rmation or etatements ts 1..cader (or failed to
<br /> provide Lender wiE�h�ny mntonal informetion�in cmanection witfi the ln�an evidenced by the 1va�EE,s�cluding,but not
<br /> lim�ited w,repnxntatIons concerning Horrow�r's occups�►cy of tho P�roperty ne s priacipel naic�en�a.Ii thie Socurity _
<br /> InnCr.umens ie on e le,asehold,Borruwar ehsll co�cnply�ith nll the provisioses of tho losse.If B�rn��7�r aaquires[eo title to
<br /> thc Property,tho leaechold und the ioe titlo ehill not morge unlcse Lender egrees to tho morger in a*.ri�inY.
<br /> 7,Protection ot Lender's RiZhte in tho Property.II Borrower teils to p�rtorm t.�e cove»ants and egreements
<br /> cunUinal in thie Security Instrument,or thero is n legal pcocaeding that mey significantly ef foct 1Lendar's dqhts ia tha
<br /> 1'mperty (such es a proceeding in benlrcuptcy, probate, for condemnntion or iorteiture or t� enforco lawa or
<br /> regul�t�ons),then Lcnder mny do end pay tor whstover ia necessnry to procxt the valua ot the Property and I.ender's
<br /> righta in tho Property. 1.ender's ectionu may include pa;��ing enY suma sxured by a li�a which hea prior�tq o�r.er this
<br /> Socurity Instrumont,appearing in court,paying rcnsoaab!o nZ9,amaye'foes end ontering on tha Property to mt�Qce se,psire.
<br /> Althou�h Lander msy teko action under thia p�ragraph 7.Le�z�er daa not have to dn so.
<br /> Any emounts dis�ureod by Lender under this paregraph 7 shali beci�m.o additional debt of�rn+�war secured by this .
<br /> Security Instrument.Unlcss Sortow�r and Lendsr agcx�o other terms�f paymcnt�these amoun2�shall bcar interest .
<br /> tmm tho dato of ciisbureement at th�Note sato and ahdl be pnynble,vrith intet+est,upon aotice trom I.andor to Aorcower
<br /> t�equesting payment.
<br /> 8.Mortsate Iusur�ace.If Y..endc�•required mortgage inaurnnce as n condition�i makinB the loan socured by this
<br /> Security Instrumerii,klorrower shall pay the pre,miame requiced to mnintain the mortg�ge inauranco in efioct.�t.tor eny
<br /> reeson,tho mortgage insuranco coverage roquirod by Lendor lepea or ceases to be in eftcct,Borroaer shall �y tho
<br /> premaums roqulred to obtein coverage subetentielly oqz*3vslem to tAc mortgage i�:��;�sance previously in ettoct,at e aoet
<br /> aubet8A2ne1ty eyuivalent to the roet to Borrower nt th�mortgnge inauranco nc+evn�uCiy�n efEeot, erom un alternatc
<br /> mortgn�e insura approvod by Lender. It eubata�ntiatly oquivalent mortga�e �nsi:renco coverage is not aa��iiable,
<br /> 13orrowar shal!pay tn L.eudcr ench�anth a sum e�qwl to on�-tweltth oi tt�o yeatly mortgage in.,rumnco premium being
<br /> peid by����'wi►en the inaurenco cove.rag+e lepeod or cear,�d to ba in�ftect.Lendtr will a��ca�'t.,uso and ret�in these
<br />= paym�n8s a.q e ts�a reserve in liou ot mortgagc insurenco. Loss reserle paYmenta may nc� tong�r 1�e t'e9uiraf.
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