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<br /> ' 96- 14��.3��'� �;
<br /> 4.F�dre�Y�iood and QDthev I��u�rd Y�sura�tzce. Dorsowcs sdnll incura all imp�overncnts en thc Pro�serty, ��hcU��Y noc� in �c'
<br /> exi�tuico ot subsequenity eaected�a8�insi iu�y i�u�utus, c��s�ld�s,rs.d c$nil.R�encis9�In:l�,�!In� fire, for whieh Le:nder requites r:
<br /> ins�uancc•71►1s lnsurance ahall t�e rnaintslrt�ed in tho amounts and for th��[{4LI91$fll Il_IIdCI 1t,i�LUC.9. F�un�nwer shtill�Isa insure -
<br /> all impmvcmcnte on the Propcity,wl�edicr now In existenco or snl�u�quendy crectcd,eBainst loss by @oods to tho extent rtqul�cd _
<br /> by �he 5ecretnry. All insuru�e ahall be c:vdod wtth companies unproval by Lender. 'I1�o insw�►co policics and any renCw�als
<br /> shnll6e held by Lender and shap includn l�ss payoble c�suses in fAVOr uf,nnd in a form accaptebtcs to,I.ender. __
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<br /> In tho event of 1oss,Bomnwer s1�aU givc I.endcr immediata nadcc by mail. Ls�►der may maice proof of bss if not Rwde
<br /> promptly by Borrowcr. Hact� insurancu company concerned is hereby authorizcd And directed w makc payment for suih�dl�
<br /> dixect�p na Lcnder.insu�d of ta��!�rr.'ower and w Lendu jaintly.All or a�y part of the insurnnce proccecte maY bo aPP
<br /> I.xaadea,�R its opt�o:�, c�v�ecr(aT��rT�reducdon of the indebtedness undu die Noto and this Security Instrument,first to nny
<br /> �a;,��n1�QUr��a�pup,�y,�i�n��rdYer in parngraph 3.and ther to grepayment of principal.or(b)tn the rrswraatlon or reps�ir of
<br /> �.�aama��esf prpgerty,l�r.y a;►pleca3�n of the pama�W the principel shaU not exu;nd or�x►s8yw�e tha duc dr.�c of ths mnnthly �
<br /> �aymne,�.�w�ich ara nferr�l oo in�a�agraph 2,o+r��a t�e a��rnai:nt of such payments.a#isay�xcess ensms�aoe prnacsEs over an
<br /> sr,m�u;�.A rcrcvluixed w paY 1U outseaa�lcm,�indebtedness unc�et dlna I�er,��g�nd this Sxcusity Ie�st�.r��n sf�al�bo�:�i�to tho cnti:;p M,gaU,y
<br /> QJI�1'�+tf1a'�'.�l'Ili:Pt'ZU'.
<br /> I�e tfisc+ evpnt �t �forec�s+.�o �� this Security Instrumeat ar other transir:r og atk ¢rn D'�� P,rQpe� �hat eadn�eaishes the
<br /> inr�a�rl�tlaa2.�,ct�v��;fi�,nt�a ats3 dn;��:'+�f�orrowc�r in ancl to i:n,.r�anco pollcies in force sf.�A1�,�.�w the punnhases. .
<br /> :5,'Ur.�oupa'nz�.Pne:qzrvatiou�i�it�inten�noe and Protectiora�nT We PQOpert'i Bw�rower'a��an Ap�,li�tloni LesaehoWs.
<br /> Borroa�r shaU oocupy.establish,a��d use the Pcoperty as I3�rrower's principa]residence within sixty d,:y':�fi'itet d�o oxeCUti01►Of
<br /> this Secuslry Insuument and shall ca►dnua to occupy the ProPecrb'a9 Borrowu's prfncipal residence fo��'s A4�st oae yesr after tlio
<br /> data af �ecupancy, unicss the Secrets��' det�mines Uda req�tsement will cause undue hurdship fuz 'aoraowcr, or unless
<br /> extcnunting circumstanr.c,g exist whkh ere beyand Barower'a contml. Borrower shall nodfy Lendur ag eny o�cte���iating
<br /> circumsY�nces.Borrowu shall not commit wasto or destroy.demngo a substantially chai�ge Uic Propesty�allaw the Prop�tty ta
<br /> deteriorete�rea9onabk wcar end tear exce�ttd.Londer may inspact Iho Prop�riy if thc PropertY�S vacant ar��ancianed or the laan
<br /> is in defa�lG Lendu tnsy tako nasonable action to protect and preservo such vttr�snt or abandoned Pmper3y.B�orrowu�ha11 at�
<br /> be ln defaalt if Docmwe.r,during the loun appllcadon process,Save materialiy fslse or inaocurate informntion or statements to
<br /> S.a�dw t���g:gy�'�• P PV��any marer)xl inforuwlon?in ca,neciion wit6 the lonn�videnccd by the Nota.including�
<br /> but nat yimital t�o,rqxesenta�uns conceming 8ozrowu's oocupancy nf tha Rnpaty as a principal oesid�a�ce. u ttus�ocuntY
<br /> Insuument is on a leasohoW. Bocrower aha11 oompfy w�th the provIsioas of the tease. lf Sormwer ucgufnos foo title 3o thC
<br /> �'T�ri dw kasehold and fec�tle sha11 not bo mesgcx!unless Lenctu ugtoas to the mcsrgu in wr�dng.
<br /> �.�6►arges to Borm�rer And PruteMbn ot I.cndex's Ii.lahte in the Propert�. Bamawor shall paY all govanancntal or
<br /> m�nlcip�Y cl�arges, Cuus aod imPosidons that arc not inaludcd inWpa���y��t��BP�Y��� °��nupan
<br /> directly to tt�o tntity which is owod fho paym�+rt If failixe W PaY
<br /> L,end�x`s coqucst Boirower Rhall P�P�Y furaish W Lender�ece�pts avida�aing those payments.
<br /> If Bocrower fails tu maice thase FaYments or the ptyments roqwnd by paragteph 2,tu ft�le to petfonn any odkr cavaunts
<br /> and�oqnuiu ca�t�fned ln this Socutiry InsWment,or tt�ese is a legal PracoodinB that may si,g�ificandy affect Letidet's rightt in
<br /> thu PropertY(su�h a9 a p[ocoedin8 in badavPocY.fa condemn�on or w enfare laws ut rog��lgtlons),the�L.enda�nay alo and
<br />_ paY wt�ateva is necessarF b P�ottct�he veluo af tho Propaty and La�der'a dghts in thc l�nipaty,incluclin8 A�Ymeat of�x�s,
<br /> _ tu�zard insuranca and othcr itaru ax,�tionod in paragrW�h 2.
<br /> .��ey amaunts disbursed by Lender under tl�paregraph shNl bocwno an odditional dobt of Barowa and Ue axtttr,ci by this
<br /> �ecurity Inswmeat Thaa waouat�ehell Uear inttre.st from tha dsks of disbucsanet�t,at tho Nota rpbe�and at tt�e o�xbn of I�endex�
<br /> stull be immediately due and�ayabk.
<br /> 7.Co�clem�atioo. 7he proceods of any award or claim for dan�ges� direct a a►nse9uent�al, in cormocdon whh any
<br /> c�ndenvudon or ott�ra taking of any part of tha Prap�xtY�oe for conveyance In plACCS of condemnation.aro hereby a�si8n�xi ead
<br /> st�alll be p�id W I,end�x to the oxt�ent o£t1w full emount of the uxDebtcdnoss tt��t ranains unPaid undu the Nc�to end th3a SeGUUUrItty
<br /> Instcuumen�I.enc{a sl�all apply such pmcoe.ds w ttw�oduction of the indebted�uss under the Nota end this 5eciuity Yaswment,
<br /> first a any dclinqucnt e�namts applial i��the ora32r provkted in�s,�re�h 3.and thu�w pcepa�t°��P���t+fc�red to in
<br />— �4 r�na}�r0000ds to dio princfppl shalt nac e�ccend or postpone tho duo daw of tha monttelY P�Y
<br /> _ �•f{�(NE)(Y606) Papa!Ot• Initi�lt:
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