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<br /> , - �• 4.�7re. iluod and�)lh�f���tt[t�� .� ��1�1�'nsurc all l��nwcmentg ne��f�ic�Pa�p�rt��v icth���v in -
<br />:���� existence��r�ubsequently er�x�ted. against uny haz.uds,cxualtic.v.uild cami�ig¢ncic�. inrluding fitc, far uhi�h l.ess,dcr r.quires
<br /> ;� - insera�tcc. Tiii� insurancc �hall he ntiintaincd in tAc cmnatets attd fur thc ptriu�fx that l.endEr r��ulecv. Q�rri�wcr thall ulsn --
<br /> insum�11 impr�vementa on tite Propeny.a�hether ao�v in existencc or aubs��ently erected, ugainst lnss 0y floods to the cxtens �
<br /> reyuired by the Secretnry. All insumnce si�all be carried �vit4 rnmp:snies approved by L.en�ter. 'i'he in�,urance pQlicies und an? • —
<br />: rene�rals shall be lield by Len�ier and sha[I inctudc lo.ss payable clauses in Wvor nf,and in a furm ucceptaGle to.Lender. ��
<br /> :..�, ,' In the ever�t of loss. Borrower shall give Lender immediate notice by mail. Lcnder may rnake praof of loss if r.ot made �:��
<br /> - - promgdy bX Borrower. F�cl�insuraure company mncerned is kueby asithorized and directcd to mak�pay�u far such loss ���
<br /> diresdy to Lerzder, instead of to Barrower and to Lender jointiy. AU or any part of the inswanre proceeds may be applied by �^
<br /> , Lertder,at its optio�,either(a}to the reducaon of tt�e i¢tdebtedness under the Note and this Sacarity Insuument. first to any
<br /> detinqetent amounu applled in tfte order in parngraFh 3, r,ad then to prepayment of principal.or(b)to the restotation or nepair --
<br /> � ' '` of the damuged Froperty. Any application of the -�s to the principai sh�l not extead ar postpone the due date of the �'�
<br /> � monthly paymeats which�rafemed to in paragraph 2,a�change the amount of sach paymenu.Any eacess insurance proceeds
<br /> � over�n amount required to pay all outstanding indebtedn.�under the DIote and tl�is Securiry Instmment shall be paid to the �-:::
<br /> � ' entity legaily enrided the�eto. --
<br /> � B,x�
<br /> %` •, In the event of foreclosure of this Security Instrument or other transfer of tide to the ProFerty that extinguishes the _=
<br /> inds6tedness.all righ�title and interest of Borrower in and to iasuianoe policies in force shall pass ta the purchas�r. _,�.
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<br /> . S- �tc��. P�c��ton. Maiatenance aad &'cotedfvn o8 t�: I�ng�6y: E3acaQ��'s Y.� ApDltmiioa; "�.
<br /> :, .:>, Y�IsI�. I�n�c�rc��fP vo�gy.e:.rablish, and nse the Property as 13armvrEe's�riacipa!r�de�.�tc¢within siu�gr days at�ea
<br /> �.: "�r% ':' t�.executian��a�Sesaa�co L��s��*aa��l contimie to cPr�.Lsta ��orrower's al reside�ce for aa Ieas2 --
<br /> F�'�;jj or�year atter ct�d�ate of occ��scy,ard�.li�Secretary determir�s.t�is:r�quirement cvill cav.5e�ardshiQ far Sorruvxst,:. --
<br /> :,."`�;� „� �r !�Iess P,��+�,�.h�g 'cir�ces e.�ti/9`triirich ase l�r�or..� Bu�uxz's oontrol. Borrower s�ra?I nntify ��cs of� —._.
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<br /> eatifnw�ir$•��:u�staaces. 13cnii��wer shatl�ant commit w-.�e•�:d�p,damage ar�,�bstantially change ihe .�" .. or silow --�
<br /> � tf;+t-.F� h tia:dt ieriorate. m.�aonable wear and tear er. �d. Le�r:�r ma d�e Pro �f the Pro zs vacant or ``-
<br /> P�: � Y In� PertY . �' ,
<br /> ;:�,-Y�:s abandoned or•a��loan is in defa+�lt. l.ender may take reasonable�u�io protect and presesve such vacant oz abaadoned `='
<br /> � ' � 1>raperty.Borrr�+ui�sHall alea f�e in default if Sorrower,during the la�a a.�^licatian p:ocess,ga�e�sga�ially falsa or inaccurate `°"
<br /> �'��'�F �* �atIon ar'�ments ta l.:r�er(or failed to prov�,�;.Z,ender wi4h ar:y mat�r%3E irifom�taai i,;:�a3nIIec�•:e�•M7th the loan ;M:,=~
<br /> ��:1{��F' . ' �.-�nced b t�e Note• ➢ . � I/L!"==
<br /> �'�„�,�;� y ndui}ja�. but aot limited to, c.�entations caneemia� liirmr��c'g:ouct��ey a�dtn�L4aperiy as a , -=-
<br /> �,1,. principai residence. If this Sc�rtiu*y f.�^ru�rat is on a I�ehold. Bosrawer shatl cvm��ur;'�:�r�i¢�w*de����+�te,as�'1G:.: - -.
<br /> . �y' Borrower acquires fee title w the Peoperty,c''�leasehold and fes titl�sikli not be merged un:�v�i.�rn�s��G`�e merg�i�:� _ _=
<br /> writing. . ��'
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