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<br /> . . S. �nrd ar Fra�$tty Iasnravace. Borrower ehali k�sp tha impmv�mente rtow esisting or hs�raftet erected on ;�`�`d
<br /> tha Pmperty ins�rce�asa�nst lase by fira�hazards included witfria the tepm esteaded coverage and any ather hazs�rds, __ �
<br />' '� ^ iaci�ding ila�s or flafldiag,$or which Lender req�ires insvrance.Td�is insuranc.�eh�ill6e maintained ia the amount� �_-�LL:
<br /> � tutd fnr the perinds th�t L�ttd�r requiree. The insu�rence carrier providing the insurance shall 6e chas�n by Borcowet � -
<br /> ,� subjxi to d�ettdar's appravel which st�i1 not bs uareaaanably withheld.If BorraNer Cails to maiatain wverage described
<br /> . ab�ve,I.ender saay,et Lender's optian,obtain coverage to protect Leader's rights in the Property in aeoordance c�ith �, <�`
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<br /> � �A�1D insurance polic4ee aad renewuls sball b�acceptable to Lender aad shell include a standard mortgage clause. ��-�
<br /> . Lender shall have the right to hold the policies aad renewals. If I.ender requires. Borrower sball promptly give to �-`P�
<br />�° I.ender all receipfe of paid premiums and renewal notices.Ia the event of loss,Botrower shall ve tom t aotice to the ��'=-�
<br /> � P P ���.-..
<br /> = insurenoe carrier and Lender.L e nder may m a i c�pmof of lasg if aot made pram p t ty b y Borrocvei'. �__
<br /> • Uate�s I.eader and Aomuccer otherwise ageee in writing,insurance Pmceeds sl�all be applied to re.storatio�or sepair !`�"�`'
<br /> of the Ptaperty damaged,if the restorafian ar�r�pair is economicatly feasible and I.ender's eecurity as not Icssened.IY the �'�.�
<br /> °,;.?,:, rzGtoration or rapair ie not ec�s►omically feasible or Leader's security would be tessened,the insu�ance proceeds sha11 hs �,;
<br />-� _:�: ap�lied to the sume secvr�eal by this Security Ynstrument,whether ar aoi thea du�,with aap�c�s�d to�orrower.Tf �.--�.
<br /> :�;:, �ower ahan8ons the F'ray�erty,er dtaes nat ansivet�ithin 30 dasa s n�otice fra�s I�ciEr atia¢z�e r��carriet has �''`'
<br />`.::c;r� a��zr,�c�W satR�a�cleim.�e.�:•Lender sr���lt�cc tt�e ins:nance pY�3s.Laencler x�eg���a proceede to regair or °''"--
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<br />_:-°. �stor�tlz�P�riy:tsr'2a gag�t�a�tts sacs�r.'.�3ap this Security Iuatrument.whethet or not then dca�.Th�30'day geriod will - -
<br />;:�:;�•`<.
<br />.,.,. . hsgin whea the atetiae is gi«ecn. ��--
<br /> .:;;.S' Utiless LEUder and Bomowec otherwise agree in wriring.nnY aPPlicatiaa of proceeds to priacipal shall aot aYtend os __
<br /> postpoae the due date of the montlily payments refen�ed tc�in paragapl�s 1 aad 2 or change the amount oi tha psymenta .. .
<br /> U under garagraPh 21 9.tte Property is acquited by Lender,Bonawer's right to any insurauce palicles an8 ptmceeds �,;'
<br /> ` " resultiAg froan damage to the Property prior to!he acquisitioA 6ha11 pasa to Lender to the eytent vi the sums s�ecured by _
<br /> ° tliie Socurity lasteuinent iminediatelq pnor to tha acquisition. ��=�'-
<br /> � 6.�cc�prreey,Preservatioa.Niofataav�ce and Protectiaa o!the paoperty;Borro�vet't I.wa Appltcwtlon;
<br /> _`•, � - Letaehoida.Bosrowor ehall oc�upy,eettblieh,and use the Propetty�s�orro�ver's princIgal reside�c�within si�tyd�ye �`-��
<br /> �Yter the a�ecutton oi thin�cudty Insteument ond ahell enntinue to oaeu�y the Peo�erty �s 13orro�r�r'e pnaelpd �;:
<br /> rcatdoace for at te�st oao yeu dter tt�o dato ot accupmcy.unle�Lond�r othercrtsa o�c3 in writin�.whtch conseAt eha11 =-
<br /> not be unrea�onnbly�TiihDela.or unl�s etttenuatine circums3aneea eYist whieh ntn beyonA Hotrower's s�ctatro].Horroaer ��=°:
<br /> � sh�ll noi destroy�d��r.a�e or impatr the Property.allaw the Pcogerty to deteriorate�or commit waste an the Property. __
<br /> ,'� �',� Bortawer ehal!6n ia defeult if eny foaPeiture totton or praoeedin�,whather civii or criminal�ia begut�that iti Lender's �
<br /> good iaith judgs�ent could resuit in forfeitur�of tho Proparty or otherwise matedally impair tha tien created b�►ehia
<br /> Seausity Instrument or Lender's security interest. Barrower may cure Bueh a de4ault attd reIas�t�sto, as providad ia
<br /> � pategraph l8� by causing the action os proceeding to be diamissad aith a ruling that, ia l.ender's,gond faith �
<br /> determiaetion,preclude.�torPelture of the Borto�ver'e int�rest in ttie Property or other materlal iuipairment oi the lien _..
<br /> �created by thi�SecurItq Insttument or Lender's sxurity interest.Borrower shell also be ir►defanit ii Borrower�du7ing �-_�
<br /> • the laan applicatioa process, gave maurislly falsa or inaccurate information or statements to I.ender (or failed to �;
<br /> grovide Ireader with any matcrlal infornnatioA�in wnnr.ction with ttie laaa evldenced by the Notc��including,but ao2 =_.
<br /> , . limited to.represeatationa coaoerniag Borrower's occupaacq o?the Pmperty as s principal resideace.If this SecuritY. _
<br /> E Ittstrumcmt is oa a leasshold,Horcower shall comply wltb all tho provisions of t6e lease.If Borrower acquires fee title to _ _
<br /> .�:.;� ths Property.tAe Lasshold and the fea title stt�all sfoi meiga unleas Lender agrees ta the merger ia writiag: =�
<br /> 7.Protectloa o?Lender's A��hte in the Property. If Borrower feita w p a r Porm t he covenants en d a�neemea t s
<br /> conteiaed i�this Security tnstrument.or there is a 1ega1 praceeding that may signieicaatly effect Leude�o rights in the ��:
<br /> �• �-`�`� Pmpesty (such .as n praceeding ia banktupte.9. Probats, for condenanatioa or forfeicuro or to era4'�zco lawa or . ='="_
<br /> :;;;'?'iy: : , rsgi�lations).tYtein I.endes may do sud pay for whatever is�ecessery to protecc the valus d�the Praperty ws.3 Leudar'+s . $"„=-''':
<br /> . ,,: �;�•�_ :,
<br /> ��.:;��f ' ra te in the P Lettdsr's aations may iAelude paying any sums sec�ed by a Iien wLicb has pna.�sy avgr t'•=.��:' . �13�+�"
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<br /> �.��t�� � .�'.,�.,a.,turiz}r Instrum�entp p�arriaap ln caurt,papiag reasonable attoraeqe'fees aad e�r.�ng aA the Propeity m�rY^ake r�pairs. . =:,__
<br /> '' ,��''' ' Although Lender may�a¢a 6�sttmn under tf�is ParagraPh 7.Lender does not ha���r�do so. , ,. �4�-Y.
<br /> ..:,�,i.,, _..:_
<br /> ��;i;;�`� � � Aaq aniounts dis�sursecT by LsnBer undet thia paragraph 7 ehall boc:ome additional datst�4 Borrower sec�red by thig =���
<br /> § Security�r�swment.Ualese Borrower aad Lender agree to other terma o4 papment,the��.�'nounts shall bear interest �
<br /> ';,,�E from the dato of dis6ursement at the Note rate and ehaU be payabla�with intes�tst.upan notr.�from Lender to Bonower
<br /> � rWueetin8 PaYmens: ��r�,
<br /> ...: .� � 8.M o rt=��e I n s�r r�r a e.I f L e n d e r r o q u i r e d m o rt g a g e t n a u r a n c e a s a c m�d i�i i��a o f m a k i n g t h a l o a n s e c u r e d b y t h i s !��T?+
<br /> � ;h � �curity Instrumeat.Borrower sha11 pay the premiume required to ra�aintaia t�s�ort�age i:surance in�ffect.If,for any . �c���,
<br /> °.i4�''4<<� � •�rayon,46e mortgage insurance coverage required by Lender lapses or ceases�o be in�s�c�a,�,_Borrcwer shall pay the =-
<br />' ;�,i��� , ,�tamivms require8 to obtain coverege substaatially equivslent to tho mortgage ianwa��:�c�:-:�ous3y in effect,at a cost —"
<br /> .�u3�tia1lq equ�valent to the cost to Horrower ai the mortgage i�surance previowt�� iu�effect, i'ram an alternnte
<br /> •.��'��° � ..^�vrtgage insurer approvecl by Lendet. Ii eubstantlally equivalent mortga� tasura:..� �a�er�� � mot ava9lable, ����
<br /> �• ' $arrower s}�all pay to I.en�pr each month a sum equal to on�twelfth o4 the y:..�:p mortgage inaucanoe premium being �t�-
<br /> � �'�` d b Borrower when tho ir�surance eovere la or ceased to ba ia effect.Lender wiib�cept.use and ntain these
<br /> ..:;r'tj�;:f�a�:. . P� Y 88 P�
<br /> _t�.�y..�+; payments as e loes reserve in liem of marcgage insurance. Loss reserve paymenta rr�ay no longer be requind.
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