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<br /> , � �.�nz�:�d aa L�a;��aiy 8n:;ilGOFtSC. k7oaiot�Ct Eil�lt EtC�y�t�tc lmp;ovcmen�g Eto�v cxistina qr iicrca�.P CPCCIC��[��J�riy ��
<br /> lns�u2ti a�ninst loss by flr�, i��u,afcls inclu�ed witNin tho term "oxtcn�cd covcr�,no" und uny othee ha•r.ards,Includis�g floada ar ��
<br /> - '- -----=t-- ft��na,ta:t�lt?ch I�::�!�r rcM:sl���l:�sa.�:.r�°.7hls lrtw;s.«w�hc:!�m�,.!ntsfn�!n�hC PS*!Olnta�nri f�r Ghn�nrl0i��t!!M�i�n�±:r °-:
<br /> � ` rc�ulrca,7t�o Insuranco carrier providing Iho insuranw ahall 6o cl�uscn by Banower subjcct to Lender's npprovnl which shnll not ==•
<br /> �,�������-� -�., �� bo unrca9onabiy withhcid. If Borrowcr [ail� ta malntain covcraga descdbed abovc, Lcndcr may, at L.cndcr's opQon, obtnin =_
<br /> �� '`' coverago to protect Lcnder's dghts in tha Propeny in accordanco with pivagcaph 7. °
<br /> All insurw�ce polic;ie9 u���re�awaLy si�all i�a accepta�fe to L,ender end si�all inclucie a st�idar�i r�io,igago clauso. Lendc�ahall �_,
<br /> °�''"��� havo�he dght ta hold tha polkies and nnawals.lf Lendcr roqutrc�,Honawel sheil promptly givo to Lcndu alt roccipts of paid
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<br /> prcmiums and renewal notices.In the event of lnss,Horrower shall givo prompt nodcc w the Insuranco currfer and Lender.L.enda ';
<br />"-�-,-'��� may mako proof of lass lf not mada pcomptly by Borrower. �"
<br /> _ ' �-�� Unless LenAer and Dotrowee otherwise agree in wddng, insurenco procceds shall be applicd to reswreUon or rcpair of tho =__
<br /> ' ��s Property damagod,if tha restoration or rep�i.e is ecoaomiceUy feasiblo and Lender's security is not lessened.If the reswratlon ar -
<br /> repair is not economicatiy feasibk or Lendu's seciuity would be lessened,the insurance procee�l.v shall Ue applieci w�he su�i�s �;,.
<br /> `'""'�•�'-��� sacured by this Secarity LysuumPnt, whether or not then due, with eny eacess paid to Borrower. If Borrow�r a6endons tho �,
<br />'�"��-'?�'``' ' Pc�;pe�y,ar does not ans.�nrr:r wIthin 30 days a nodca from Lendcr that the insurance carricr hes offercd to seule a claim,then o�`
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<br /> ;� `,:;�,'s' ' ,�`" Y.eaider may�Plcct the i�surance prooeods.Ler�der may use the praceeds to repair or re,tore the Property or to pay suma secured �-
<br /> {"�� �"�:� ' " by d�is Secuxi,;Zs k�3�ument,whether or not then due.'Ihe 30-day periad will begin when the norice is gtven.
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<br /> ""��� `��- Unless F.�mt2r3 and Homnwu othecwiso agree in writing,eny applicadon of prace�ds to prineipal shall not extend or postpono
<br />-���?`��� r��due datcs af tha monthly�ayments rafeaed to in paragraphs 1 end 2 or chenge the aenount of the payments.If underpacagmph
<br />='```�� 2Il tha Propeaty is ecquirod by Lendu.Horrower's right W eny insurance policies�nd proceeds re.4ulung from damaga to tho --
<br /> ��� , Proputy prior to the�cquisidon shall pass ta Leader w the eatent of tha sums secrm��by this 3��iuity Inswment immedietely _
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<br />:_,., ._t.�,�; s+:),; ptlur to dw acqiusidon. � _
<br /> - 6.Ocrupancy.Preservation,Mainten�nce and Protectbn ot the Property; iB�owsr s i.oan AppUcatbn;Leasehokla
<br />__;�y�i� Borrowcr shall oocupy.esCa`.+Ilish,and use tho Property c;s Bomower's principal ie���n:.e within skty days ak'ter the execudon af e�°:
<br />....�s�� tt�i.y Socurtty Instrumu►t uad shall coudnuo w occupy dte blroperty a9 Bocrawer's psancipnl residence for at lcast one year at�cr tho
<br />"°-'`�'� dete of occupancy. unlass Lender otherwlsa ngrces irn writing, which consent shn�l not be unreasonably withheld,or unlFSS _ _
<br />:==�,sp_�_.�� exunuatIng cia�cumstances e�ist which one beyond Hor�wer's control.Botrower shall not destroy.damago or impair tha Propaty,
<br />--..-_ _-.�= aUow the proparty w debxlorate�or commit waste on il�e Property. Borrower shall be in default if any fodaipuo acdon ot
<br />_____ - procealing,whether clvil or criminal,ts bcgun that in L,�xsder's good faith jadgment co�ld result in forfeiwro of ti�e l�roperry a
<br />-� -_ --- aiheiwise materlally Impatr t�a lien created by this Secas�:�y Insuument or Lendar's security interest Borrower aa;�y cure auch a
<br /> - .;s� dcf�ult end �reinstate,as provkled in�rogregh 18,by causing tho ectic�n or procoetGng W be dlsmissod wide a�iling tbat, in
<br /> --_= I.ender's good�uith dzt�ermination.procludas forfciwre of thc Borro�v�r'9 Intcrest in thc Property or othei mat�rial�inpaiimsni�f
<br /> °� ihz lid�creaga�'by this Securlty Instrument or Lcride�r's sa;urity inc�.s1.Bvrrower shall aLso be in dcfeult if Horro-�vr.r,during t�c
<br /> -= loan agpUcation proc�s.8�v�materially false or inaccurata infosmati�n or statements ta Lender(or failcd w prov�]e Lenflcr with
<br />�..�.;,� Any mataial infannt�Ian) �ir,a connection with the loan eva�ltnced by the Note� �,�tiia�ing� but not limited to,�presentations --.
<br />.��� axxuning Bomowa's oocup�ncy of the Pnupaty e�s a principal resit3rncx.If this Secwrity Inswment is on a leasehoW,Sorroara
<br /> . shall camply with all tho provL4ions of the lease.If Barrowcr acquires fc+a dti�W the 1'ropaty,the leasctwld and the fao a@e sha11
<br /> ��-�--,� not mergc unlcss Ir.ndct egroes to tho mcxgtx in writing.
<br /> ----� 7.Protectlon oPLender'e Riahb te t6e Property. If Bomnwer faiis to perform the eovenants and egroe�n,ent�contained in
<br /> - this Security Insuumemt,os tP�ere is a kgal pcocoWing��t nwy significa�dy affoct Lender's rights in ttw�rty(snch as e
<br /> — tx�oceoding in baniauptcy,probate,fa condemnation or forfeilure ar w enf'or�co taws or regulations),then L�en&x may do�nd p�ay
<br /> - for wMat�var 1�nooess�y to pmtoct the value of tdu Property and i+ender's rights in We Propaty.Lender's actklns mwy includa _
<br /> �ytna er►y sums yecuraD by s lien which has prloriry ova this StcuritY InsWmrnt,e�ppesrin8 1n coust,E�aY1nB naSOns�le -
<br /> --- atromeYs'feea�nd entGCing on the Prop�ty co make n�pairs.Although Lenda may Wce acdon un4a this prnMtgraph 7.I.enda
<br /> does not have W do so. '.�'..
<br />""� My enounts disburaed R�y Lender under this pn�agraph 7 slwll bxoma addisionaI dabt af Horrower sacnrad bp thi�Securiry
<br /> Insv�unen� Unless Borrowa and Lendcr agree w other tums of paymsnt,theso emounts shall bear intenst from ihe data of
<br /> --== disbur�ement at tha Noto rau:end shall be p�yabk,with imunst,upan�wtic�Crom Lcnda W Bomowu roquestin8 PaYmen�
<br /> - 8.Mort��e Inanranoe. If I,endar c�equired rtwrtgage insivance as a condidon of making the loan securod by this Security
<br /> Instiument, Borrawer shaly pay the premiums requin� ao mail►tain the moctgage insnrance in effec� If.for eny reason,tln
<br /> mortgage insurance covaage requi�ed by Lender laps�s or etase�s w be in�ffoG4 Bo�rower shall pay tl�e premtuens reyuired to
<br /> obsair►covera�qo substaadally equivakat to the mostgage Insurance praviausly in effoct,at a co�.sub�nti�lDy oquivaknt to the
<br /> cost w Borrowex of tho nw�tgage jns�ranco previausly in effect,ficam en altemate m9rtgage nnsurer epproved by Lend�x. II
<br /> �---- substat►tLlly eqtuvaknt mcxtgage insuranco coverege Ls not available,�arrower sliall p�y W Lender eacA month a sum ayual W
<br /> - one-twellth of tho yearly mortgege insanu►ce premium being peid by Botmwer wt�en tha insurance wveragala�sed or�caged to =
<br /> �-- - bo in effoc� I.enckr wW accept, use and retain theso payments os a bss reserve in lieu of mortgage insurAnco. E.oss res�xve
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