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<br /> � 5. Hazard or�'rog�rty�asucsn�.Bomower ehall keep the improvemeIIta aow�sistia�or hereafter erected on F� rry:
<br /> the�roperty iasureci aSainst Iose bp fire,tie�acds included withisn the term°eatended coverage,and nny o4her ha2�rda. � ;� R
<br />, t iae1uding:Ioo�cr flouding,far�hich Lenc�r r�:quires iasur�nce.This u�suranr.e shall ba maiatained ia tha smounte ;-�
<br />� ` and for the periods ttmt Londe�re9vires.The�sssurance came�'plovtdtug the iusutsttee s�ftfl be cAOSett oY ut►r�r�t �`��,:
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<br /> subject w L,endes's apprnrrat whi�h shall not be unreasonably witbheld.lf Bonower fai2s to maiataia a eccordan�� �'.
<br /> above,I.ender may,at€.�nder's vgtioa;obteia caverage to protect Lender's rights ia the Property .
<br /> '. paraSraPh7. ``:�.,�.:��.
<br />`� � All u�surance pt�lici�snd reaewals:shall be acceptable to I.ender aztd shaU iaclu��v�er shall pro�ptly��the .
<br />��� I.ender shall have the right ta hald tt�policies and renewate. If Lender requires� -�°�a`
<br /> _ - Lender all receipte o�pa�d pre�tivans and renewal notic�.Ia the event of loss,Borratver shall give prompt nottce __�_--�'°
<br /> . insura�ce carrier aac�I,e�der.I,e�der may ma�e Proof of loss if aot made pmmptly by Borrower.
<br /> . ui writing,insureace proceeds shall be applied to nstoration or repair �. _
<br /> Unlesg I.ender anr�Borrower otherwise agree, is economicall feasible and I,ender's sec�riiq is nat lesseaed.Ii the �'"`";�:�
<br /> of the Propert9 damagad,if the restoratiaa or rega�r Y -�-�-
<br /> restoratia�or repau'is Ymt esox�omically fe's�ble or Leader's securitY would be lesseneA,the iaswaace praceeda shall be �r.�.
<br /> Y
<br /> applied to the suma secuced bp tlio doe��answar w�',.�'t'a+.Wnh3 daqs a no2ihce rom I.ender that�the i�nsuraace areier has �
<br /> Barrower abaadons t3ra'Prop�ry, r ���„�,,,� roceeds.Leader may use ihe p�roceeds to repair or �_�-_-
<br /> ' offered to settle a claim,then L,eadet n►ap°°uect the� �ffi���yhether or not then due. e 30'dsy Pe�'iod will -
<br /> ` r e s t o r a t h e P r o p e r t q ar�o p a y svme secnre$,by thts Securifi �_�.
<br /> begin when the notice i�givcn. � ��._
<br /> Unles9 Lender and Barsc�are�r o4herwlse s$ree in wxa�ag�anY ePPUhs l aad 2 o cbaage he amount o�f the payments.
<br /> w�
<br />. pastpona the due date��x�ra�t1E't�rit�1Y Fa3tmeats referired�in paragraP �-�-
<br /> If vader paragraPh 21 Yb;�.Pr'i�t�T�Y��iwred by Lender, Banower's right to a.ny insuraace policies ead pmcceds �:'_
<br /> . reaulting fmm damage to the PrQperlY.pr�Y�t to th�scquisition sball pass to Leader to the eatent of the se�ms eecured bY
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<br /> ' this Se�uritY It�at�'ument imm�+diatelq pri�tu tha acquisition. �rtp, �
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<br /> 6.Occapanoy.Preser�'�iora,Mnin���and Pr�otectio� Es Borrowes's pnncipal re�i'd�nce W 1� 18�5'�F� —
<br /> �'� � Leaseholda�ortowar sha��S�u�y.estabkeh:and tts�L�..Propert� as Borro�er's princlpat - a.
<br /> � eites'tlae eaecution of this S�e�rnty I�strumeat aud�,2z3 continer� to aa:v� �t�e Pmperey t
<br /> . residence for at least ona year�etser the da2anf ocaupa�',�nless Leaaws atherwis�agrees in writing,ahich coactnt shtll �=^� .
<br /> not be unmasanably withheld.ar wiless es�enuaC�B cires':mstances�whic�o teyor coBYnmit w�aste on the PrnperLy.
<br /> � ehall not desisoy.damage or,i,mpair tha��rt9.stta*�r�e Propera9 �r•�i..
<br /> Borrower shall be in de4sut�i��q forfeiture action dr�n�ceeding,whether civil or crimiaal.is beguu thet ia Lender's ��.`-i
<br /> faith judgmtnt could r�l#us forfeituce of th4�a�Y or otherwisa materially impair the Le�crested bY�B --
<br /> �ritY I�strumant or Leader's�secu�xy�.autes�es� B��r mrs�r� ed w h e ruli gt that,n �.ender'sFgood faith - --
<br /> � paragra�h 18� by causin8 the 8ct��° `°� or ot�er msterial im�pairmQnt oi the lien �.,.
<br /> ° , datesmiaetion,ptaciudes forfeiture�?�ti�a rrower's�L" L�rrow��shaU aiso be in de4ault ii Borrower,durin8
<br /> . . _ cnated by thia Securit9 Iastrument or I�nctec's s�cuc��� � �:
<br /> ,. the lann applicatioa process� Rave materiallY felse�r n�ocurate ia4ormatson or statements to Lendar(or feiled to �,
<br /> g but not
<br /> , - ,ptovide Ltnder with aaq material iAfurmation)ia i��sionoflt�he Prooan evi�a�r'incb pal r�d n��u tbis�SecuritY - - ..
<br /> limited to�npreseatations concerning.t�3,�wer's ixa���aY P vimons�oi the lease.It Bonower acquir�tee tiete to ���'" �
<br /> � Ingteuma�t is oa s leasehold.BorroHar��ompfy vrAt�all t�.p�a .. to the mer ia writin
<br /> � the Property,the leasehold and the fee zi�Tre��2ia11 aot�►er�e�B�����Q��^Av���d agmasaenm .
<br /> . 7.Protectiaa oi Leader's�tig,t:t't�d�s�hs P���• �"
<br /> � coatai u e d in t h is S e c u r i t Y I n s t r u m e n t,�r t h e r e i e a i�s�1��inS that may signiticaatly effoct Letcder's rights in the
<br /> . . . PropertY (such es a pracoeding in �a�nkruptc9, pt�ota��, far candemastion ar fo r teiture or t o e n io r e e l a k s o r
<br /> . regulottona?.then Lesider may 8o and�pa��or whatetier s��r.�?to protect the value o4 tha Property and I�ender's ..-.,
<br /> . rights ts►the Property.Len�1e�''s actioi�s�rtm.a�include�aay:^��r����bp s lien which has prionty over thie �;�
<br /> , S o au d t y I n a t r u m e n t,s P P e a*i n S i n c o u r k t l�����°n���'.''�r�i�fas and�ntering on tLe P;opzrty to rna.i'e Pepaire�. �_:_
<br /> Althovgh LenBer msy take actiou under�2ria Para 4,bca,A7a��>Si�:�zaes not h ave to d o 60. �-r;:
<br /> '��:�sU 1�ecome additionel debt of Borrowar secured bp tius
<br /> " � Any amounte disbw�ed by Leader umc�ar thi����.
<br /> thi
<br /> � Security Instr�meat.Unle�Borrower nrrcl I.,�dcr�gt��+���►8 of payment�these amounts alull bear iateteat �� _
<br /> � � from tho d�te of disbw�sement at the No�e�te and sha11 be 1���'�Y��with interest.upoa notice trom Lender to Barrower
<br /> . requestin paYmant. e i�xr�c:as.a wnditioA oi makeng the loan sxuted bq thie �,...
<br /> • 8.�ort=a=e Iasnranee.If Lender requ"sred rnactgsg ' . -
<br /> :. Securiey Inatrument,Bonower ahall pay the p�'Emi��r�Nire�l�����mortgaga insurauca in ef�oct.It.for�ay �
<br /> ired
<br />„ , � reason.4he mott�e�e insuraar,o coverage requ�red by I.ender'-z�-.�or ceases to bo iA eftect,�rrower a'nall paq the
<br /> . � pramiume required W�btsin'coverage substantialSy eQoivaleat mv w�x m�o�gi�p�n�?�g ,n��fectyfrom aa�eltcrnate �:
<br /> �� subeut�tially�quivalent to the cost to Bortower of t'�ta tnqr�e' e insuran� c�vera e ie uat available. ---_
<br /> ' � mort�a�e insurer approved by I.ender. If eubstantiaf}Y alui��l:e�t mortgag -�-
<br /> . Borrower ahall pey to L,ender eash month a sum e�al.Lo one�te�-�e�1,'';�of the pearly martga8a insure ce premium beiag -
<br />- paid bY Borrower when the inauran U of V m g tgag�'u.asure�ri�i��resct�'paLymente msy�ot�longer ba reqw'red
<br /> papr�ente ns a loes ceserve � �
<br /> -• . i�rs 302� �/!0
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