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<br /> g,6�C�7�i�R?RrillE.�eiy Ins�rn��ce. 13oNOV�cr shall lcec�Uic improvemcnGV n����cxisanE or hereafter crccted an Uic Propcety ��, ,
<br /> insured agulnst luss by Cro, harArds includecl within the term "ex�ended c:overage" tuid uny odter hnzards,including tlaods c�r
<br /> ft���lrg,fQr::�hlch 1�.^.�+cr resrui.�cs ins►!rnnc.�.'ihiv insuroncc shaU be maiRUSincd in the amounts and fnr the prsiods thn!I.cndGr , ...
<br /> requireg.Tho insurance carrier providing 1he insurunce shnU Ba ehasen by 0orrower subJcct W Lender's 2,pproval which s6atl ns�t ..
<br /> � bo unreasonably withheld. !f Bonower fciils to maintnin covesage described ubove, Lender mny, at Lendcr's optinn, obb��
<br /> " � coviceago to protcct Lcndcr'a righis in Ute Property in eccordnncc with psragraPh 7•
<br /> All insueanco p�liclrs::nd ras�eti:aL shall trc scc�pL6ie ro 1.c�Aer ond shall include a stnndfud mflrtFa�e clzus�e.Landet shall ,
<br /> . '�: havo thc dght to hold the poticIes end renawals. If I.endcr requires,Borrower shall prompdy give ta T,ender Nl receipts of paid •-r
<br /> premiums and renewal nodc�.,s.In Uie cvent of loss,Dorrower shnL give prompt nodce to th�insurnncc carritr nn�l I.cnttex.Lender
<br /> ��, may mske pmof of loss if not made promptly by Bomcwer. �
<br /> �' Unless Lendea nnd Bonower otherwise agm,e �n wddng,insurance proccede shuU be ePAUtd to re�sWrntlan or rep9is of the �
<br /> Property damaqed,if the restorntion or repair is economically feasible nnd Lender's secuelty is nat lesses�ad.If tne reswrnqnn or . •
<br /> rcpair is not economicttQy fcasible or Lender's sscuriry would t�e lessened,ihe insurance procecds shnil be p�ptied to tha sums , �
<br /> secured by thL9 Security Instrument, whethec or not then diw, with uny oxm.ss paid to Borrowei. If Bamrnv�c abandans�{t�ha .`1� ,.-,
<br /> Propeny.or does not answer within 30 days a nottce from l,ensier that the insumnce c�arrier has offese� ta settin n c1Eam,LL\EII ,`ySy.�'Y-_rI
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<br /> �,, Lender may collect the insurance proceeds.Lendcr may uso tha�mc�cds to repair or regtnres Ih�PcapertY or to A$Y sums sacured .:�•,�':,;.,�_
<br /> � �y thls Securiry Instmment,whether or nnt then due.The 30-d�y perind wIll begln when Q��npricc Is 8iven• ' �`•:••'s h--
<br /> � .�• Unless I.endea and Horrower otherwlse a}�e,e in writin8,�Y aPP���on of procceds to prinsipal�l�pll not eactcnd or postpone .`�-��::?ti"=
<br /> • • '� the due date of ths monthly p�lyments refemed to in paragraphs 1 and 2 or change the amount of the paysnr•nts.If under psuagrnph —��s, -
<br /> � � � 21 the Property is acyuired by Lender.liorrower's right to any insura�ice pollcles end pmceeds re�sulting from a.tunedo ro tho w�s��_
<br /> ,. . �;� property grior w tl�e acquisidon shall paRS to Lender to the extent of the sums securesi by this Socurity Inswment immedlately �:;� =`
<br /> prior to th�ar,qnisidnn. �'��'""-
<br /> . ,, 6.OccupRnca�,�'reser�atbn�M�nteus+a�c mnd Pratection otthe PropErty; Borrower's Loan �..�p'.it�ttion;LeaseLo{sla �t�ti�'
<br /> Borrowcr shall oxclipy.establish,and use Hte LataQerty es Borrower's prue�3pal residence within skty dnys after the executton of _ �
<br /> _ . 's� this Security Instrument end shaU continue to occupy the Property as Bomnwer's principal residenee for a2least one year aftcr the �r:%xr�T.
<br /> • � '' date of occupancy, unless Lender otherwise agrees in wrldng, which consent ahall not be unreasonably wittihtik�., or wiless _ _
<br /> '• extennating circumstances ealst which nre beyoad Borrower's control.Borrower shall not destroy,dzm�a or'vesp�:�r e�e Froperty,
<br /> . ,�,.?► a11ow the Property to deteriorace,or commi¢ �✓aste on tha Pronerty. Boaower shall be in defauit i�'any �"orfraA�re acdon or --
<br /> �.'i". ' proceeding,whether civll or crianinal.is be8an thax In L.ender's good faith judgment coWd result in fe�'�it+uc of't?se F'roperty or �
<br /> otherwtse mauiially impair the Hen created by this Security Insmiment or Lendrr a securlry interest�nzrower snfl9 cure such a �
<br />;'•d;-`=�• • default and reir►state. av provitled in paragrapn I8�by cuuzu�g ti�a �.��a ar '�^S „�t�..miccaA Syith n�,:9ino that, in �.�__-:
<br />'=;b"�:%=:'�': " I.ender's good faith detemiination,precludes forfeidue of the Bomower's intcrest in ttro�1r.oyerty or ot�har matcrial�,"npaiime�►t of --
<br /> :'`��''' "I'. �, tho Hen created by ahis Security Insuument Qr i.�ender's securIty interest.Bo�rower shall a�o be in defauls if Botrower.during the
<br />`:"�:•'.';y'�"�' ►oan applicatien�irocess,gave materfsilly faLsrz or inacc�uate information or statemenis to I.ender(or fail�d to provide Lender with
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<br />_�';;;,""r.�"° � uny matecial information) in connecflan witb the loan evidenced by the Note, incluc�ing,but�not limited to, repmsentadona
<br /> �' concerning Borsawer's occupancy of the Propecty as a pri�ipfll residence.If this Secur6+ry Insuument is on a le�ol�,Bonower
<br /> _uo}�! aha3]comply with all the provisions of the lease.If Horrower.scqul�es fee dde to the Progerty,tha leasehold and the�ee ddo shall
<br /> ,�,;.:.�... � not me,rge unless�.ende�egrces to the me,rger in wridng.
<br /> '_�_�� 7.Protettlon ot i.Rnder's Rtghts im t6e�voperty. If Borrnwer feiLs to perform the covenants and ugreements contained in
<br /> =:�._v:��� thls Secunity Instrument,or there is a legal praceeding th�s may signlficandy affoct Lender's rights in �he PropeitY (such as a
<br /> �`;f:�_�� prnceeding in bankruptcy.prabate,for condemnation or ivsfeipuc ur to enforce laws or m�ulations).then Lender may�lo and pay
<br /> �';�- �� for whatever is nocessary co protect the value of tha II�roperiy and i.ender's rights in ti�N�roperty.Lender's actions�ay include
<br /> _`"='�r��=� payinS any sums secured by a licn which has pdority ovcr thi.a Security Insaument, aPpeadng in court,paYinB rea�onnbte
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<br /> --== -�,3wic■ StI0I71Cy8 YCCS�ilNe Gliicauqy v.^. �i°v pS':.`p�..� --c--' --u-- --v `°Y"""o`"Y••
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<br /> •��!--' Any amounts disbnrsed by Lender under this pacagraph 7 shall become addidonal dabi of Bonower secueed by�fiis Sxuiity
<br /> Instcume�►G Unless Bocrower and I.ender agrce to othe� terms of payment,Ihese¢mounYS sQ�all bear interest fa�m 11�e date of
<br /> -° :�`°�- dLsbursement at the Note ratd and shall be payable.wfth intrtest,upon notice from Lender to Borrowes requesting�a�mQn?. --
<br /> --�--� 8.Mertgs�ge Insurance. If Lender rcqt�ired mortgagc instuence as a condition of making the loan sxur�.tl by thls Security
<br /> - ----_ Instrument, Borrawer shall pay the premiums required to maintain the mortgage insiniac►ce in efiecG If, for any ma5on. tha
<br /> ,�.�.,-�-_ mortgage insurance cover�ge r�quired by Lender]epses or ceases to be in effect,Borrower shsil�xiy the premtums rcquired to
<br /> - - obuun covcrage substantially equiyxlent to the mortgage flnswrance pmviously in effect,at a o�sS svbsta�tiaUy eq�ivulent to the _�_
<br /> =�� cost to �omnwer of dic mortgage inswar►ce previously in effect, from an altemata mortgagt flnsur�er approvec� bY Lendet•If :�:�
<br /> -s�='�� substanr'ally es�niealent mortgage insuranco coverage is not available,Bocrower shall pay W I-cr►sier cach month n sum equal w —
<br /> -_:_`;�� on�twelfth of t�e yearly mor¢gage insiuence prcmium being paid by Batrower whcn the insurance coversg�lapsed or ceasesi ca
<br /> -`��='�� bc in cffcx�L.e�ider will xr�►t,use iu►d��etain these payments as a loss reserve in lieu of mnrtgage insurar►cc.I.ass rescrve =.--
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