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<br /> 1.��� ' . rACVe��. Borraivcr shall k the iarpaovemsn�s now e�ds�n�or herepfter ec+ested oa the � .
<br /> 5. �lasrd ar Pt�a�rsty e� eep g � �^
<br /> Pcogerty insur�aga�nst loss by fire.h�aards IncIud�cvithin the tetm'eatended coverage" ana a�r other ha�ds. inclasiing .��... �
<br /> ''.� :.
<br /> � Qoads oz tlaodiag,for wh�Lender tequims insur�snce.Tlus insuranca sh2ll t�e ma9nrdined in the amounts and for the petiads ` ��
<br /> .,�;-�
<br /> tLat I.ender�equues.The iasurauce careler pmviding the insureace ohall bc c�osen by Barrower subject w �'s agpmval ;.;��:
<br /> `__:� whish shall not be anrea5or�bly wFthheId. If Borrower faita to raaibtain cave�age��abava. Lead,.^r may, at l.ead�'s �'-_�
<br /> option,obtain coverage to pmtxt Lender's rIghts in dte Pzoperry in ac�ordznce v�itb paragraph 7. '
<br /> ��..
<br /> `�� All insurance pallaes and reae�raIs shall be aoceptable w lander and shail incIude a standard mongage cIause. Leudee ,;_,.==
<br /> . shall ha�rt the r�ht ta hold the policies aad renewals.If Lender r+equires,Horrower sb2f1 pmmptly give to Lender all receipts of �""
<br />�' e event of[oss Bo:rower shaii ' e notix to the insurance�rrier and i.eader. p-=_'`�`�
<br /> paid przmiums and reaewat nouces.in th . 8N PromP= . _��.:�
<br /> Lcnder may make p�of of loss if aot made promptly by Borrower. •;,,��
<br /> � Untess Lender aad So�rower otheTwise agee in writing,insurance pmceeds shall be applied w restoration or repair of the .,r�:
<br /> Property damaged.if the reswr�oa or repair is economicalty feas�ble and Ixnder's securlty is aot tessened.If the restoration or _ � �:
<br /> repair is not eronomically feasible or LeadeYs securlty wauld be le�ened.the insivance proceeds shalt be applied to the sums ..� .�?i`
<br /> �`` secvred by thls Securlty Instram_�±*. whetla�.r or not then due. with m�y excess paid to Borrowtr. If Borrower abandons the ��;,i;��.
<br /> Property>or does nai�rer wflcteia 30 days a�cice from Leader thai the in�,rance cazrier has offered w�tle a cia�n,�en "�'�"��`
<br /> �:`i:% Leadgr Laay collect t�its.�araaaa greceeds. �.,,�er may use the pmceeds to repair or restore the Prop�or to�nsy sums " °.:r:";':�
<br />:�.,,,r. •�;;`�.
<br /> -- sec�u�fl Tsy tbis Secucity iusutm�;.wdtt�ker or aat then dne.TLi.ee 30-0ay period w�11 be�c�al�tUe norict es given. �'�,�;.
<br /> -=-"%' Un�ess Lender a� BQr���-t�r�v-ise a� in wriE�, �Y application o�gr�t�princip�s�all not exaend or ��_-
<br /> , �stpoue the due d�e�L-t'f�e�T`{:'r��ents r'��to in paca,gsaPhs II�k¢�s3�aage t��e�nount of t�payments.If amdec '°F' --
<br /> � �a
<br /> ''r; � Irr,das. IIu..*rowr�r's si� t to �y�sman� golicies and pmceeds resultwg finm --
<br /> �� �axa��2l the• L�.r�tca�'�s �3 bY .�► �'� �
<br /> =";:A� �:,�.Az r�Pmperty�ir tc d"te�.rsirion s��s t�f.,r�s'.Y�r to the extent of the snms s�Iry this Security In�¢ament _---r,
<br /> -- imr� ;�i��p�or w the acquisivan- -=�°
<br />_ 6.�vpency,pres�vt�on�Mafatenance and Protedioa of the P►nperty:Bormwer's Iaan Appi�ct�tton:Leaseiwlds. !�!��.
<br /> � Borrower shall occupy,esteblish.and nse the Property as Borrower's piincipal residenr�e withia sixty days after the ex�attort of �'�'
<br />� ' this Security Instrumsnt and ahall oontinue to occupy the Prnperty as Borrower's principal residence for at least one year after
<br /> the date of aaupaacy,vNess l�eader otherarLse agrees in wdting.wh4ch consent sha11 not be�mreasamably witHheld,or unl�sa '''�"
<br /> �� exteauating cucaa�staace� e�dst whic� are b�,yond Borrowe�'s coauol. Bortowet ehaU not desuoy. damtige or impa3r tha �`
<br /> ,... .� �- �.z,:.
<br /> Pmperty, auaw t1�a Pmperry to daerIorate,or commit waate on the Property. Borrowtr s6�11 be la de.fault if�y farhimre
<br /> � act[on or pmceeding,whether clvU or criminal,�is beguu that in Lender•s goad faith judgment could r�sult la forfeiture of th� �-�-
<br /> , - Pr�a;tY ot osh:m'ise fn3:erl�lly�mg�ir ths li�crea��!by�.his Se,cudty instrnment or I�endEr's security iuterest.Basrcu�rer mayr �.�'
<br /> aue au�h a defautt and reinstate.as peflvided in paragraph 18.bY causin8 the actton or proceeding to be dismissed aith a ruling �
<br /> that, In Lender's good faitL determinazioa. Ptecludes forfeInue of the Sorrower's inurest in the Praperty ar other m2terial �---
<br /> �� . Impairmtat of the lien¢aeated by this Securtty Insuument or Lender's sec�uity interss� Borrower shall also be in default tf
<br /> $orr�wer.during tI�e loan agpUcation pracess.gave materially false ar inaccurate information oz stauments to Lender(�r failed �"e`
<br /> ' . w provldo Lender wlth aay materjal iufo:matiaa)in oo�on vdW the loan ev�denced hy t�e Note,iacluding,but not limited � �-�
<br /> _ t9,represenuutons concearing Borrower's occupancy of the Property a4 a princtpal restdenee.If thie SecurIry Yasumment is on a t .i.
<br /> " leasehold, Borrower sLall wmply wlth aU the pmvisions of the leas�. If Bosower acquuea fee tide to th� Peope�ty. t1�e --
<br /> leasehold and the foe title shall nnt merge unless Lender agcees to the merger in writing.
<br /> ' 7.Yrotectton of Leader's Rtgbts ta tbe P�gxriy.If Bomnwer fails ta perform the oorenants aad agram�nm coutaine,d�n -
<br /> this Secutity Insuumsnt,or thsre 3s a 1e8�PT��$��Y$�B��Y affect Lcnder's rig6ts in the Progerty(stkh a4 a
<br /> , = Ploca�tin8 in baakruptcy.Probau.for condemnation or fazfeitois or to enfo��e t�-�r o:rgutatiaaa).thea I.r�er�;du a+*. ___
<br /> pay 4'07 s�wtever is necrssary to pmttxt the value of the Ptoperty and Len�er's rigflts in the Progeity. Le�sder'e actIasts us�Y �:_=-:
<br /> tnclude p�yiug any sums sectued by a llen whicl� has prlority over this Sauriry It�ssoroment, appearin8 in cour¢,.I��B
<br /> ,° - rcaranabPe m s•fees a�aiterin on the , to�;ce ai�.Althou Lender ma talce ac�ioa under thi9 a.*agtaph ��"
<br /> omey a $ Pra�r-tY ieP 8h Y P , �"`
<br /> 7,LeAder dces not have to do so. �'��
<br /> Auy aawunts disbussed by Lender under this paragraph 7 shall bocome additlonal debt of Borroaer secured by tbis =--.
<br /> Securicy insu+�ment.Unless Bamu�cx and Lender agret to other terms of payment.these�ounts shall bear intereu firom the
<br /> - . date of�iabursement at tIu Note z�e and shall ba payable.w:�ch 9ntsres�, upun nodce�a Leader to Borrower a�ting _
<br /> . P�-
<br /> � � ,, S.IKattgage�a�nanee.If Lsnder required mortgage insnrance as a caa�itioa of makIng the loa,n seauad by tbta Secauin►
<br /> .. Insuument,Borrower sh�ll pay We premiums r�qutrzd to mainsain the mongage iasuraax In effoct. If, for any reason. the �'_'�'
<br /> . : mn�,��tasuramce coverage required try Lender lapses or ceases to be in effect,Borrou��all pay the premiams required to =-
<br /> � obtain coverage substawially equtvalmt to the mortgage iasarance prcvIausly in effect,at a oost.aubstaatialiy alu�iv�leut to tl�e _ �
<br /> '. . cost to Bonower of the mortgage insuraace previausly ia effect. tYom au aIumaze mortgage insurer approved by Lender. If _
<br /> aubst�ati�y equiva2ent mostgage insurance coverage is nos available.Borrower ahaU pay w Lender each montb a sum equal to
<br />� one-twelRh of tha yearly mortgage ineuraace p�mium being paid by Borrower when the insurauce wverage lapsed or ceased to �
<br /> be in eff�i.Lender wW accept.use aad retaia these payments as a loss reserve in lieu of mortgage insurance. Loss reserve =—°
<br /> Fortn� �r
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