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<br /> S, !I«rnr�l oi• Ih�o�rty Iitsurni�e. RTc�rra�ucc Fhzll kerp thc im�ruvement� ttow exi:�dnB or hereaRe�• ercctcd an th�
<br /> E���,l�..�iy �Er.uY�il n:,abir;t to:;s by fii�a hfl'lny't�, i�zcl��dcd�vi�ldn tl�c tcrm "cxtcnded covc��no" and any othcr ha:�orAn, lnr.ltcding _
<br /> f(IMkIti It)�fto+Nlin�, �11Y 1YIIIl'Il I.C11lItP YCt�l1I1"Cti I115U1'(fITL'C, '1'III9 If15U�Uf1CC SIIAII fIC Ilk'll(ll(III1CtI�►1(Il0 U11101111I9 QI1lI fUl'fjltl{I�•PIpI�S
<br /> d�ut Lcudcr rcuulrzs. 7'hc insurance c.►rrier providh�g the insurs�nce shnll ha chasen by Bi�rrnwer suhjcct to t.encurr'�i npprovnl
<br /> which slinli n�st be unrcasonahly witl�hetd. It'ikirrower i'uily lu uiui�ii�+li� coaor�go dr,scr:hcd :tBe�vC. i.endur nZap, rt �.�13trier'9 -
<br /> o,�tion,abtuin ccwcrag�to pretcct l..cixicr's rl�hts in the Pra�xrty In uceordnnco witl�paraAraph 7.
<br /> All insur�nce pollcies a�xi rcnowu�s hhul! 2�uccc�ptable ta I.cnder und slinll include n stnnAiu•d morr,page clitur�• l.arxier
<br /> �Da1t huv:ti:c righs to ttaid thc pnlicics�!n�l ntr.eanis. 1P I.nn�ler rccJnires,l3iirrnwcr shnll�mmptly glvo t��Lenitc�r nll crcaipts�f
<br /> paid premiumv snd renewul n�tices. In the�vent af loss,[k�rrowcr shall�iva prompt n�tico to thn in�uvrmca ca►xim�and Laixier.
<br /> l.e�xte��riay muke pr�xif oF loss if'not mu�tc prompUy by @orrow�r.
<br /> Unless L�:nder und aorrower othetwkc uarcc In weiting,insuroncc praceecis shnll be npplicd w�stRradon or repair of thc
<br /> Prapertp dunzaged, if thc��csturation ot repair ls ccunomicAlly leasible and I.�nanr'y�ecu�7ty iw nc►t lass�:nc.il.If thr.restoratian or
<br /> repair is not cennamicully fuisible or Lender's security waiilA bc iessened, the insurancs pmceeds�Fhnll ba pti�licd ta.tl�c sums
<br /> :;ccur�d by this 3ecurity Instruinent. whether or ��at then dun, with uny excess paid to B+irro�v�r. if&�rrow�;r nhmldans the _
<br /> Property,ar does nat answcr within 30 days u nodce from I.ender thnt tho insur�nce cnniar hnt�offi;rr.d tu r`rtti�i u r,luim. then
<br /> Lcnder may coliect �he insurunce proceals. LE;nder may u��e the prc►cceds to repair or restw�e tha F�r�pc�tv ar.tu pay sun�s
<br /> scsural by this Secartty Instrumcnt,whether or not then dua.Thc 3Q-d�ry period will begin whnn thu nntina ifi giuon,•
<br /> Untess Lender and I3ormwer otherwise a�rec in writlnII. any upplicatimi of pror.eed�i u� prAnGiptd shnlU n�t�ontend or
<br /> postponc the due date af thu mantl�ly puyments refcrred tn in para�raph:� 1 und 2 or chmiIIo ti�a amouiu of thn p�ymcnts. If
<br /> under pnragraph 21 du Property is c�cqui�ui by Lender,Horrawer's tight to an�r insur.inca p�linias and proceeds rcsuiling from
<br /> damage to the 1'roper�3�prior ro the acquisisim�sl►ull pass to Lezc:er to the extent af tlm sums�:.cnr�K!by this�scuriry Instre�lnent
<br /> i►mncdiatcly prior to the acquisitlon.
<br /> 6.Oocu}►Ancy,Preservution,MaintenAnce and ProtecQon ot the Pi�o�:rtys Bnrrower'H Lamn Appllcation;Lr.�srlwlds.
<br /> Borrower shull occupy.establish,nnd us�the Property as 8c�rrower's principnl residaneo witbin,�isty doys atter thu cr-�:cution of
<br /> this Security Instrument and shnll eontinue to accupy the Pro�erty as Barrower's prb��r.innl rcaid�nce far at least ane ytar aRor
<br /> the daze of occupan:y. unless Lender otherwise agrees in writing,wliieh ennf�ent shidl nnt�a uncwsonably withheld, or u�less
<br /> cxtenwating circumsrances exist which are t►eyond Dorro�ver's control. A<�ran�vcr shnll� not destray, damay�e or impair the
<br /> Pragern�•, nllow the Pmperty ta detaiiorate, or commit wfltdu �n tho Property. Qarro►vur shnll bc in default if any �'orfetture
<br /> acti�,m�rr proceeding,whather civtl or criminal, is begun t1Nit,Yn Len�er's�oad fi�itt�:jud�{rnt+nt eould result in forFi:iture of the
<br /> FYoperty or othervNise materaul[y it.npair the lien created by this SecurIty in�{ivment•onx.,cnclus'a securiry interrst.Rorrower may
<br /> ci�re such a defaut¢�m?�einstate,us provided in purugraph 18,by causinA tt�u nmi�n�ar ptnceeding to be dtsmissed with a ruling
<br /> tilflt. in i..er�ers�:rezi �Bitlt ucicn�u�iaii0ii, Nioi,iiiuc5 v�it'1ai,Oi iw6 �T3�i':i'�S iiijt:i:': tR :t:� g:�•.S!� ^T^rtv.��wtwria!
<br /> . impairment of the licn cnated by this Securlty Instrument�or. I.encier's R.cut3t�C•intnr�r�t, �irrower shall als� be in defauit if
<br /> Honower,during the loan appli�ation process,S�vc muter3nlln•�'ufse or lnuccuntq•infqrr»u.a.on or statements to Lender(or failal
<br /> to provida Lendcr with any matcrlul infotmatia��in connection tivtth tl�b loan evid�nccrl by the Note. including.but not limited
<br /> . to, represenu�tions conceming B�rmwer's oocupzncy of thu Property n�n���Yncipal residence.If this Sccurity Instrument is on a
<br /> leasehold, $orrower shall comply with all t[�� �nvvisions of the lce.v:; &Z'Borrawcr Acqu{res fi:e ti.de to die Proptrty, the
<br /> ' leaschold and the fec title sh�ll nei n�erge nntess fu�nder nferr.:s so tlte mez:�l��r in writing.
<br /> 7.ProteMlun af I.ender's 3��hte in the Plrnpecty.lf T?�strower fails to p�rform the:covenants ar_c�agreements wnt�ntid in
<br /> this Security Insuument, or theew�is.a legal procoeding ihnt muy significttntly affect Lendz�'s righta in the Propeny (such as a
<br /> procceding in bankruptcy,probqte; for wnd_;�Htion ar fc�rfeiturc or to rnforr.c laws or r�;gulations), then l.cnder may do and
<br /> pay for whate�er is nccessary to prate�t the r�ulue of the Propeny and Lc�t>.Ser's rights in thc ProperCy. Lender's actions mny
<br /> ' include paying are�• sums secured by a lien•�v:hlch hus priority over this Sc�curity Instruinent, appearing in courl. poying
<br /> reasonable attonxys'fees and entering on the Prope�ty to mnke repnirs.Althuugh Lender may take nction undcr th�s�arag►aph
<br /> 7,L�ndcr dacs�wt have to�o so. ,
<br /> ��1ny �unts disbursecl by i.,cnder under this paragraph 7 shall become udditional debt of Borrowcr ,ecut�ci by this
<br /> Sccurity lnstnument. Ur�lcss Horcower a�d Lendcr agrce to other ternu cY�p�yment,these amounts s:�,ll,txar int�r�st fiom thC
<br /> datc uf dlsburs�r�:.ent at the Note ratc und shall be payable, witl� interesi, u�on nadce from Lend�r f�Burrower reqvasting
<br /> P�Yc+�ett�.
<br /> � . .. . .,.
<br /> 'A�."�MorlgAge Insur�nce.ii"f:ender requirc�mongagc�9nse�tancc ns a condition of making the loan sccured b�:t}i9�.$r.curity
<br /> Instru�i�ent, Borrowar shall p�y�f6e prsmiums required to�muintain thc m�ortgage insurance in effect. 1f, for any'�t�:aSon, the
<br /> mortgagc insurunce cov�rage�quik�ed by[.er.d�*lapsr,s or ceases to be in effect,Borrower shall pay the prerrtiun�s required tu
<br /> . obtain coveragc su'c�siantially cguivalent to ti�e•rrmortgage insur.�nce prcvious}y in effect,at a co�t sufosiantiAlly equivalent to t}:c .: �
<br /> ceot tn•�onower of the mortgnge.insurance previousty in ef€ect, feum an altemata mortgage insurbr approvcd by T.ender. IF
<br /> s�!�.�,iiixially equtvalent mortgtbe�insurancc coveragc is nra�rv�.hlnbte,Borrower shall puy tu Lendcr each manth n sum cqual to
<br /> one-t�'elfth of the ycarly mortg�ige lnsurunce premium beir.�pc�id by Borrower when tho insurance coverage lapsed or cease�l to
<br /> be in effi;ct.LendeT will aceept,use and rctaln these payments as n loss reserve in lieu of mortglge insacance. Loss re,serve
<br /> Form 8028 919�D
<br /> Pe�x 3 016
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