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<br /> ( S.f�o�P�y r17��ro�cetY Ye;uvnnce. Dozrowet sh�Jl lceFp tlie improvemcnts no��exisung or here�sfter ere�ted on tho Fmperry
<br /> ,i U�sus�cl pgaln�t lo�.,by Cu�� hszaztls 1rs�ud�J within the term "oxtcnded coverago" nnd nny other hnaards, incl�ding f�cxxls or
<br /> , tiooding,for whlch l.endr,r requtres insu�ance,'riis j��gu�iuzca shall Ita m;.1s►t�ta�in t�ie emountx ond for tha periods tlnut I�ender
<br /> �� requlces.'iho insurnnce cazeior provfdlnA the insura.cte�;shap Le chosen by Bareower subject to 1.enAer's approval whlch shell not
<br /> ' •,a 6e unreasonably wlthheld. If Borrowcr fails to maintai�n covesago described nbove, Lendcr mny, at Lcnder's optton, abtntn
<br /> , covcrego Go protect Lcndcr's rlght�in tho Praputy►In accordt�rtrtce with parngraPh 7. --
<br /> :a:� All insuranco poticies nnd renewr�LLs shwl lfa�tcbf2 w I�ndcr end shall includn n st�ndnxA mo,�{r,�So clnuse.L,endar shall
<br /> � ' �� '�� havo thc r�ght to hold tho Folkles and rencwals. If Lcndtr requires,Boerower shsU promptly give to Lender aQ rcaipt9 of paid
<br /> �n�: -.
<br /> ' �` premiums and renewal nodces.In tho event of loss,Sonowcr shall givo prompt notice to the insurnnce currier end Lender.Lender
<br /> ^'�i , .
<br /> ='r''� may ma1cC pmof of loss iP nat mnde promptly by Borrowu.
<br /> " Unless Lender and Borrower otherwise agrea in wddng,insurance proceeds shall be appUed w restamtion or rcpair of the
<br /> �'�� � � - ;: propetty damaged.if tho restorndan or repair is economicapy feastbk;arr�l Ifnder's securiry is not lessened.If the restorateon or �
<br /> repair is not economically fcagible or Lende,r's sccuriry would bs lessen'xl,the insuraace proceeds stiell bo applied w the sums �±.
<br /> � � .� se�ured by this Secuciry Inswment, whether or not then due. widi e��y excess paid to Borrower.If Borrower sbandons the _
<br /> , �' pcogecty. or doe� not answer within 30 days n noda from Lender that the insurance ca.�rier hx�offered to settle n clnim,then =
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<br /> '=z:��::,. , �... Lender may collact�he insurance proch:eds. Lender may use tho proceeda w npair or restoro the Property or to pay s�uns secured _
<br /> �����:� . ' •f b t h i s Securi ry Insnument,whether or no[[�r.0 duo.�he 30�dt►y period wW begin when che nodce ia givr..n.
<br /> :�,i aA�:v�;,'�, Y u c a d o n o f r o c e c x l s t o p r i n c i p a l s���l l n o t e a t e n d a r p o s t p one
<br /> :_�•;,•..r�, Unless I.ender end Bonowa o�hesv+ise a�e�eo i n w d d n B�a n y a P P� P
<br /> ,;,'T;:'; '•',,�;t� the due c�a!e of 1he manthly payments referrnd�D in 1�ara�°phs 1 and 2 or change the amount of tlio pa;;:�ents.If under paragtaph —
<br /> � ,�. � 21 the Propeaty is ecyuirai by I.endei�Ba�c3}�rr's right ro c►ny insiuence pnlicIes and praceeds resulting from dr�nage t�t�e �i
<br /> =%i�;+,�,.�;�� ,���. • �
<br />�,.,,„?�?��`-, propeny prior tv the acqu�sidon shell pass �b�nder to the oatant of tho sums secured by thts Security Instrument lmmcdiat�ly
<br /> � � prior w the acqu.e�:'�Qn. �,
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<br /> 6.Occupsazy,Preservwtion,Ma:�tens�ace and Pratectbn ot the F���ypx�'tyi norrower'n Loan Appllcatbn;I.easebo .
<br /> _::;:�;°=-.a..+.� �
<br /> -�,.:;_.,f�. Hasmwer shall occupy,estublish. end use the Property a�i�arnowu's pru�cipul residenee within skty days efter tt�e c�xecution o
<br />`;;:�'""" . thss Sacurity Instrurt�ent and sh�.l continue ta occupy th°l�ro��ty as Borrowcr's pri�;?�nl resldence for at least one year�fter the
<br /> ' � dAte of occupancy,unless Len�ixr ott�erwiso c�rees in v��ng�which consent sh��nut ba nnraasonably wtthhald,or unless
<br /> - - _� '�m eatenaetin8 circumstances caIst whlch suo beyond Borrowu's contral.BB�w�s�°be in defaul�t l�eny forf�eiwre eictio�r
<br />�-��'��� allow the Property to detcrlocate�ur commit waste on the Propary.
<br /> "-'��` a proc.ecding,whether clvU or criminal, is be8un that in Lender's good faith Judgment wuld resolt ln forfeiwre of the Property or
<br /> ���':;��' nthenui.se mateiially imDa�r the licti ar�ated by thls Sxunty Insttument or Lendes's security interesG aottowcr may curo euch a
<br /> =--_��� defeult And ninsu�te. �9 provided in peteBrePh 18, by causing d�e scuua uc yiuuoa+u-ig �r,.-.�sitl�d::'!ih s*•�o th�in -_
<br /> _�_= _� Lenda's good faith detamination,Pc+ecludes fwrfeihuc ef thd Horrower's intuest in the Propetty or othu materia!impairment of
<br /> —`-____- thn 1km creatcd 3�y this Securiry Instrumen�t or�r.-nder's security lnteresG Borrower shall also be in dafauilt If Borrov+er�during ttce
<br /> =`��'�� Iosn applicaion process�Save macer1a11Y fa1s�or inaccra.�'t°infonnadon or statements W I.enda(or fe3led to psovide Y.,enda wicE�
<br /> -- any anatarial infarmation) ia connccdon wlth tho losin Evidenced by the Note. including,but not limitod u�, rcArese��iOns
<br /> -- oonceming Bomower's occupanay of�ho Property as n Ynnnsi;�al msidenco.If t!►�S Socuraty Ynstmm�nt is on a I�chm]d,Horrowcr
<br /> shsll comply with ell the provlsions of the lc�se.If Boimwu acquires fee tltle to the Pzapetty,tha leasehold and tho tee dtlo�hall
<br /> � not mage unless Lendu agroes W the"�Sa�writing.
<br /> — _ _-.. 7.Protectbn ot Lender's Righta le tl�e Proper�Y. If Borrower fails w paform tha covenanu aad egreernents containod in
<br /> thts Sxurity Inswmuit,or thcre is a kgal proceedin8 that may significantty at�ect Lcnda's dghts in the Praputy(such as a
<br /> ���8 in bae�kct�ptcy�probata,fo*condemn�ticm or forEeiwco or to enforce laws or regul�dons)�then I.sndu may do end PaY
<br /> for whatever is no�Y co P�t�'�aluo of tha Propaty and I.enckr's dghts in tho Propaty.I.en�kx's actlons may includo
<br /> PsY�B �Y �s stcured by a lien which haq priority ovar this Sa;urtty Iastrument, aApeatie8 in court,1�Y�8 ��lo
<br /> atWmeYs' fas and cntering on tho Pm�ary to maka repaire. Although Lender may t�1ce action under this{�aregreph 7�I,cuder
<br /> dacs not tiavo to Qo so.
<br /> flny amounis disbursed by 3.aida unda this para��h?shall bocome additional debt of Bomnwer securod Uy 9teia Se;ur�sy
<br /> � Instrument. UnZess Barowa�nd I.ende.r e$ooe co other terms of payment,these amounts shall bear in�xest fmm'tha d�ut of
<br /> disbursement at tho Note ra6o+anc!shall be�t►Yab3e�witl�intaest,upon notice from Lender W Borrowe�r rcqucstin�PaYmen�
<br /> -- �.Mw�tg�ge Iusurana. If Lenda=eguirod mortgage insurance es a conditiun of making the Icx�n socaued by this Secuci�r
<br /> Insuument, Borrower shaU puy the pre,►niiuns requirod to maintAin tha mArtgage ir�sw�nce in eff'ccs. If,for eny reason� the
<br /> --- mo�t88Be insurrnce covaa�e requir�ed by Lcnder lapses or ceasea w be in cff�t,Borrower st�all pay the premiums cequired to
<br /> --- — atytein covcrage substeu��ally ociulvalent Lo the mortgago insurance previously in effect,at a wst subster.�tially equivalent w N�a
<br /> - cost to Borrower of tbe nwrtgaBo insurnnce previously in effect, from an alt�emato mortgage insuru approvod by i.end�x. If
<br /> — substentlally equivalent matgaga insuranco coveraga is nat availabk,Bvtco���x sAa11 pay W I.ender each month a sum equt�3 to
<br /> ---� ono-twelfth of the yearty muttgaga insivanoo Prcmium being pald by Bocrower when the lnsurence coverage fapsed or ceased ao
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