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<br /> S. Aaamrd or 1'ropesty Insurance.Borrower shall keep the improvements nacv esisting or h�reafter etecred on ���n
<br /> tha Praperty insured againsL tos9 by�ire.hazards include�within the term"estended cavera�"and any other hazards,
<br /> � inc�uding floods or ttaodiag,for which Leader requires iASUranee This insuronoc3 ehF11 1�maiats�ned in the umouats � , �
<br /> � ated 4or the geriods that Lender rc-quirES.Tha insurance carrier providing the iasurance s3�s11 bs a4iosen by Borroner .
<br /> aubject to Leader's approval which ehall no4 ba unreasonablg withheld.II Borroaer faile to mazntcrin cvverage d�cribed __
<br /> - above.Leitder msy,at Lender e option,obtaia caverage to ptot�t Lender s riphts in the Prop:�ty in accordance with =:�T--`
<br /> F��Pb 7. ���
<br />•1 `` All insusauce pt�licies a�d reneQVals sSmll be acceptable to Leader and s�ll inciuda a sit►ndard mortgage clause. .
<br /> , Lender shal! have the rigYit W hold the policies and renawals. If I.ender requims. Bon'o�v�t�..'•yell pro:aptlY give to ',. ?
<br /> �: I.ender a11 re�ig�s o4 paid pr�sniusns end rene�val notices.In the evenE af loss,�orm�e,r shs�l giv�prompt noEice to the _.:`
<br /> iasuraace cerrier and I.ender.Lender may make praof of loss if not made promptly by Borro�Qr. !�
<br /> �,a-,�::
<br /> Unle�Lender aad Borrower otherwise agree ia writing.iasurance proceed.s shali 1�a�plial to restoratioa or repair �'�,:
<br /> o!the Property dsmaged,if the restoration or repair is economicallq feasible a;cd Leader's socurity is not lesseaed.If the
<br /> t+esioration or rt�pair�not ecflaomicaUy feasible or Lender's security would bs lec�enad,tha inszu�anoe ptaceede shn1l be �;;
<br /> applied to the sums secured by this 5ecurity InstrumeaL,whether or not th.n du�,with any eao�s paid to Barrawer.I� �_�.`"-
<br /> Borrowar abandons the Prap�rty,or daes not snswer withiu 30 days a norice from Lendes thait the insurauce c�rrier bas '��'
<br /> '` ��: of�eted to settle a elaim,ti4ea I.endv°r raay collect the iaeurauce praceeds.Leades may u�a th�prac�eds to r���� �
<br /> .'�` restore the Proparty or to pay some secured by this Security Iastrumeut,whetL�or not th�dus Tke 3�dap peri _�
<br /> `'- begiri when the aatice is given. �.;;:
<br /> Uuless Leader aad Barro�rer othernise agcee in writin�,any c�agticatian ofgm�aod�xo griac3pal shaL not eatend or �,;,_
<br /> , postpone the due dat�af the moathlq payments t�ferned to in psra�ragl�s 1 sn3 2 oc chang�the amotaat vE t3�papmeats. �;;��;
<br /> If uader ParagcaP �Pe�9 �'� Y ' + ,��,-,
<br /> h 21 the vs b 1.eades, Basmwer s righ4 t��y in..�.�mnce po.'ca��¢ pracee is
<br />, resulting iram dm�nage ta t�s Proparty griflr to the acquisitioa�Lr3ss to Lendes to the asteat af t3�s�secured by [;�,;;;�
<br /> thia Security I�.,z��ment iivatcdiately gnvr to the acquisition.
<br /> ' 6,Oceypaney.Pres..-rvation,Air�s.nrs nance a�Protection oi the Propartg;Bflrsm�s a�.�m���plieation; �
<br />'; �1" Leaseholds.Bosrower shall�ccupy,�`iisfn,and c�the Property aa Bonowefe pnac�gal���un s�tp days
<br /> af#er tDe eaecution oi this `'�curity Ia��'.cument aud shell continue ta occupy th9 Property �L�r.,�o�er's priacipal �:'°==='
<br /> .. residence for at least oue pear after the cf�of occupancy.unles9 Lender othrraQise a�in��°sr:��'�ec2i consent shall
<br /> ����` aot i�e unreasflnably withheld or unless e�teauatia�cucumetenc�a esist W1ucb ara b�yoad B¢�a���control.Borrower �--
<br /> eha11 not dastroy,damage os impair the Progerty,ellow the Pioperty to deteriorate,or com�it�asee on�the Praperty. �_��
<br /> " � Botrower ehall be in defaul4 if aaq forieiture action or prnceediag,wheth�;civil or criminei,a��eguu that in Lender'a '�"
<br /> � gaod faith jtulgment cauld resutt ia forfeiture of the Property or otherwiFS ma�eria►Uq impair tfle lie��areated by tlus �
<br /> Secauity Insitumer►t or Lende�s secarity iaterest. Borrower maY curo such a degaul4 and reiaataL��}�rovided in --__
<br /> P�S�Ph 1R. �� caugiag the action or proceeding to be dismissed with a ruling tha� in Lest?�.+'s gaod faitb --�__
<br /> ' deteiminatia�,.�ecl�des fo�teitura of the Borrower's interest in.t,bn t'roperty or ather matez�vt amgairmeat ai the L:.� —
<br /> °'' ' cteated by t�`�ecurity I�strunaent or I.ender's security interes�,i�t:sower ehall atso be in�df��lt if�oi mwer,dwi��
<br /> tJ�loan epplication procts9,Sgve materitilly false as inacc�,.lr*.�'orrnation or steteme��Lea�:r (or failed to —
<br /> prr�ride Lender with any material informatican�i�o�^�:ction widi tha loan evidenced by t$e Note,isisur�dina�but not
<br /> ''� 3i�i�ed to.regr�entations coacerniag Bomsar�er's�sapancy of the Prop�erty as a princiga!�sidence.I[2 thiu Security
<br /> �:ir� IAStrumant ie on a leasehold,Borrower e��tt cumplp�siih all tha provisions of the lease.IP�c,�a�ower acquir�a fee titl�to �:-l
<br />;'.'-�� tha Property.the teasehold and the fes title shall not taerga unless�der agre�to the mer�ia writing.
<br /> ; �� 7.Protc�tioa oi Leada�s Ri$hta ia the Property.If&us��er fails to perforxn the cuvenants aad agramcnts
<br /> . coatainnd in this Secu�ity Instrumen�.or thera is a lega!ptoc;eenii�.�thet mtip a�ificantly sifect Lender's righm ia the
<br /> ' �` Pmperty (such as e proceedip� in baWwpicy, P�a Late, fer caAdemnatac�rn or farPeiture or to enforca laws or
<br /> '��,�;'�,.. regulntions).then Lender may do sad pay for whatever ia nece�sg to protes+k s�s valua o�the Property a�d Leader's _..
<br /> �,;;� ' righta ia the�party.Leader's actione may inciuda paying aa��ams secured bp a lian which has priority over t�s �
<br /> � .:"?�; Secunty Iastr�eat�appearing ia court,p�►yi�reasonable attorrs�s fees and entering on the Praperty to malce rep�w'�
<br /> Although I.endet msq take actioa under tbia para8�ph 7,Leader d�m not hsve to do so.
<br /> ,Aay amounts diabursc��y Le�tder under this paragcaph 7 sh�ll t�ome additi4nal debt oi Borrowar sa,vrod by thie . _
<br /> - �i�at�rity 1�tromeat.Un:�s Bonower and Lender e�$e w other terms o?payment,thase asnowits ehall bear inter�t •
<br /> � � imm tha date of disbursement at the Nots rate aud�ail be payabla,witix dratereat,upon notice from Lender to�orc�wer _ ..
<br /> . ro4�n8 PeYmen� :
<br /> 8.Mort�a=e Iasnraace.If Leader required mortgage insutance as a condition of ma1C�iAg the loan se�cured by thie
<br /> S+�curitq Iflstrumeat,Borrawer ehall pay tha premiumo reqwred�to maimtcin the mortgage insuranca in effecE.If,for eny • �, _
<br /> � r.t�uso�,the mortg;�ge insuranrs coverrage required by Lender Ingoea or c�easea to bo in effect,Borcower s}�sll pay the F����'.
<br /> � �S�e7niva�s reqinred to obtein covarago substuntiolly equivatent w thr�mortgage iasuraaan previously in efieec.at a cost __.;
<br /> � seibrtantiallJ equivalent to the cas3 ta Eono�rer o4 t4te martg� insuraace previausly in effect. irom an altern�.te _
<br /> nsortgage iasurer approved by Lender. IP suhstanriully oquiv t�rnt mortgage iasurance coverega ia ADt BVdtIC�?W,,
<br /> �ermwet ahall psy to Lender each month a aum equnt to or,.a�t�relfth of tho�early mortgage insutaace premium h�
<br /> �u.d 6p Borrower whea tlie 9nsurancs ooveca$o 1dpe�d or ceased to f�e in eftect.Lendes will accept.uEe ead retain ti�.�
<br /> gaymenta as a loss nserva in tieu of martgu�o isu�urance. Los� resen+e papmeate maq no lon�r be roqeis+�,
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