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<br /> "'4'=, g, }��y} op p�perty �mtu�nce, Bon�wer sh�t! kcep the improvements naw eaisting or het�►fter erected on the
<br />-'"?- p�snerty ic�vred nguinst loss by fue.haz�uds included within the term"oxtended rnverage" and any other harards. including .
<br /> , flomds or flo�ding,for�h(ch Lertder re�uires insucance.This insurartce sh�it be maintained ia u�e�unts ast�fo:the�r'se�!4 -
<br /> :•�-,�; tbat L.ender requ�res.'Fhe inswrance carrisr providing the insurance shall be chosen by Borrower sub�ect to Lender's approval
<br /> which shal!not be unreasoasbly withheld. If Ifflrrower fails ta maintain ooverage descri6ed above. Lender may. at Lender's
<br /> �-- optian,abtain coverage to protect Lender's rights in the Prupssty in accardance with paragispfi 7. —
<br /> ., All ins�urance policies and renewals s�all be acceptable to Lender and shali 6nclude a stan�ard mortgage clause. Leuder =
<br /> � shall have the right to hold tha policies and renewats.If I.ender cequires,Borra�ver shaIl promptly give to Lender all receipu of —
<br /> __ _ paid pr�ninms and renewal norices.In the event of loss,BurF�awer shall�ive prompt notice to the insuranca carrier and I.ender.
<br /> . }✓r,aaf�r u�y inake proof of loss ag aot made prorcagtly by�orem�re�. m
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<br /> GTc�ess I.eader a��6nrrov,er atLenvis�ag,r�e in�vs�iti�g.ansurnnce proceads sfiali h¢appli�cl w restoretion or re�air of the -,-
<br /> :��� '` Froperty damaged,ef�&�r��seorauen�ff re�air es�onomically feasibte and i.emd�r's security is aot tess�ned.If the rastomtion or
<br /> :,,; repair is not econ�:caUy feasibla or I.e.s�s's s,r�riry wouic!be lessene;d,c�ce insurance pmceeds s6a1!be applied to thz sums �_`
<br /> '. secured by this Securiry Insuuu��t, whec�;r eu uot then dae.wiih any er.:c�ess paid to�orro�ver. If Borrawer aba�lons the _
<br /> �` ' Property. or does nat answer�vi�i„z�D days a no6ce from Le�3er that�e�i��-urance carrie�has offered to setde a ciaim.then +�-
<br /> Lender snay collect the insuran��c�eeds. Ixndec may n� the proceeds to repair or�~on the Property or w �vay snms P,
<br /> secured by this Security Inshvm�,��ather or�.ot then duc.'I�e 30day period wiii begia 3s�the noriot is give�.
<br /> f,,J(11Q6g L.CII�ef 31k�BOI[YIWCT OII1CtWISC 3'Q 1I1 WRTS.'�:a. any aFPlic�tion of proceeds to principal sl�afl not exiend or _
<br /> � posig�e the due date of the mom�:y paymenYS referc+ed te i��aragraphs 1 and 2 or change the amonm of che paymenYS. If �
<br /> and��.-agaph 21 the Property�s•ar.quited bY I.ender, Sora�ccax�r s right to any insuranee policies anc��io�eds�lting from �.
<br />' �� ' damEe�a the Property prior to the scquisition shall pass to I�:a�a�:to the extent of the sums seaued by this�rty��rument
<br /> ,'r �mmediately prioz to the aequisidon.
<br /> �,`�•:;;;; �: 6.O�[Daa�.:11�i$ervatdon,Maintenanc�gnd Protedin�of tbe E�rty:Bosower's Loa�4�ypp�iratEon;Y.easeaolds. . __
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<br />' ,-..�•:: . Borrower shaU ace�g��:,'�stablish,aud use the Pcoperty as Borrower's p�ra�pa�l zcsidence a�thin aixty;d�cy��a.fter the e�ecadou of .;:::-.: .
<br /> :'•;,;�:: this Security Instn�t�d shaIIA arnt�nue to oaupy the Prc7pa:n+as Ec.r•aw�s�sa���r•�idence far ai 2east one yrar after -
<br /> t`he date of occupancy,nni�L��r�ctherwise agrees in w-riisttg,which oe�s��IIoz:,�unNasonably withbeld,•or unle$s =_
<br />"''�<;:! •:... exte,nuating circumstanc�s ��i5t�vi�ar� aeyand Borra9rr�x"s control. t�o�rea•ga s�.azAt destray. damage ar�asnpair the _
<br /> <,�;� ' : Propesty. ailo�i t��:�roperty ta dexer,iar�e,oi r,ammit waste on tti�1��-�arrov;�er shall be in defaWt if:any forfeitura . ', ,;
<br /> _ _
<br /> � uction,ar pmcecd�ngo,iuhether civU or crimins4;is fieg�shat in�,ernder s;guoc3 f�uh j�atlga�ent oould result�iri fcirfeitGfe of We i _
<br /> ; ` �, ��Qway or otheswise matedtdly zmpalr the tieaa cr�,�ata��3+#7��writy IIastrQinera nr.�.�4cr's seaitity iqtgrest:.B:o%tnwgr may �. ..
<br /> ..._,�;.:s�.;:�: care.sue��adefaultanclreinstate,aspravededita.p�p7r�8,,�bycausingxhe�ame➢r..q�rncaedingtii.bcdiami�s�!�!i2h;aniling
<br /> 'rt-'�: :, thut. ia Lender's good faith detemtinatt4A.•�i�etudes forfeiture of the�vrr�a'wer's intetest Ua.tha�ropci7y',ar'dttier material
<br /> • impairtnent of the lien created by this Security,.�nshumeut or Lendes's securlty interest. Boiroif%Q�:�ali;iitso be in default if
<br /> ..',. �'�. Borrower.during tho loan applicadon process.gnve materially false oY inaocutiste infonaation or statenuents to I.ender(or failed __
<br /> � to provide Lender with any material infom�azian)in connection wlth the loan evidenced by tha.[Jote.inclading,but not limited
<br /> w,representatians canrzming Borrocver's oocapancy of the Property as e princtpal resiaence.If this Security Instrument is on a
<br /> � � leasehold. Eorrower shaU comply wtth all the provisians of the lease. If Borrower ar,quires fee dde to the Proarry, the
<br /> leasehold and t�e fee titic shall not merge unless l,�nder age�s to che merger in writing. . ,
<br /> . � 7.ProVxtion of 1.end�r's Rtghts In tbe Q'roQerty.If Bonoaer faits to perForm the covenants aad agreemtnIIS contained in
<br /> . this 3ecurity Iassrument.or there is a legal pracce�ing that may slgnificanUy affect Ixnder's rights in the Prog..�rty (such rs a
<br /> prviceedIng ir banicruptcy.probate, for condemnation or forfeiture or to enforce taws or regutations), theq Lender may do an4
<br /> , pay for whatever la neccssary to protect the value of the Property u+"►d 1�ender's rights in the Ftogerty.L.ender's actio»s may
<br /> . � incltute paying any sums seeured by a lien which has prioriry ovet this Secunry Instrument, agpeadng in �iourt, paying
<br />_ � reasonabte auomeys'fas and entering on the Propercy tn make repa.irs.Aithough Leader may take action under t�is paragraph
<br /> � 7,Lender does noe Gave to do so. '
<br /> My amounts disbursud by Lender under this paiagrapb 7 shaSl beoome additional debt ef Borrower secured by.this
<br />. �. Security Instrumenl. [lnless Borrower and Lender agree to other tem�s of pnymens,these amounts sl�11 bear interest from the
<br /> . date of disbutsement at the Note rate und sha11 be payable, with interest; upon nodce from I.ender to Borrovyer requestin8
<br /> . : , p�Y�nt. : .
<br /> � � S.Mort�pge Iasurance.If Lender iequired mortgage insur,ince as a condtdez af making the loan secured by this�riry
<br /> � Instnunent, Boaosver shul!pay the piemiums reqwre�to maintain the mortgage iaaua:t�ce in effect.if, for eng re�son,the
<br /> • mortgage insw�nce cuverage required by Lender lapses or ceases ta be in effect,Borro�ater shall pay the pt�miva�,�a�quired to
<br /> obtain coverge substnntisilly equivalent to the mortgage insurance previously in effecY,at a wst suf���Aally equivalent 4o the
<br /> . c�st to Borrower of the mortgage ins�rance pr�viously in effect,from an alteraate�oatgage ins:��ar approved Dy Lender.�If
<br /> . substantially equivalent mortgage insurence coverage is not available.�orrower shal2 p�to Lender eacd month a sum equal to
<br /> � • a:�twelfth of the yearty mortgage insurtu�ce preraium being paid by Borrower wftea t�e*�surance covetage[apsed or cease�i to
<br /> be in effect.Lender�vtll accept,use and retain these payments as a loss reserve in L•,:� cf mortgage Insurance. Loss reserve
<br /> '• Farm.3028 8l90
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