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<br /> , . �`ti�,r;,sfc�r era,ua on Pros+acr �;
<br /> S.fia�rd or Prop�t�'ty Ioc�,rWU�. &uraw.,r shal�koc�the improvetnznts naw exi�ting
<br />: 1 fir h�zards incllulo�d within the wzn "ca:t:,nde3 wvcrage" ancl m other h�u�rds.inclucling fla�xls or
<br /> in�al against bsa bY a, y --�
<br />' tlooding,for wl�ech l.ciuler rc9uires insiutu�ce.TNs insurancc siu�ti 6e:►u.i,�ta.:.-��.L�e rsz:csu���n�Ccx!�.V*+��, shaU not �:'
<br />,. � re�quires."l'hc insu.'anee carrkr provlding Ihe insurance shail be shoscn by Borrower s u bjoct to Lcnde�''s�
<br /> ba unre�otwbly wi�hhcld. lf Bon'owu Ca�ils to msintain covrrtge described above, I.ender may. al Lcnder's oPtion. obtsin
<br />�, � co�r�ra�a to pn�tact Le,��der's righu in thc Prope�tY in accord��wuh paragtaph 7. e clauk,. Leiulee shal! -
<br /> All insurence Policies s�nnd r,acwals clsall be acccp+zbk to Leiuks a�sd shall inetude a staisdud moctBaS
<br /> have the right to hold the policie9 and renewt►is.I[Lentl�r ro9lmLS�Bonower shall promptlY 6ive to Irutide�'s�ll receipts of Paui �
<br /> premiun�.s�nd r�newai aotices.In u`re event of iass.Batrower sLall give pmmot notice to the iasurance carrier and Leadar.I.ender
<br /> : � zn
<br /> u�y cnakc proof ef los9 if not made P�P�Y bY B�wer.
<br /> Unkss I.ender uuf IIorrawer othuwise agroe in writing,insur'ance Proceeds shall b:.aPPlied to restoration or repair of the
<br /> Property danu�ed.ii the restoratim or repau is�nomicallY feasible and Leader's securitY is not lessen�d.If�ce�storau�'oo� �
<br /> repair is not oco:wmirallY feasibk or l.r.nder's security would be lessened,tfie icisvranco procoeds s6ali b..app �f_
<br /> securcd by this SecuritY Icutnuntn� w'heiha' or not tlun due, with any excess Paid W Botrower. If Rorrower aban.'lons the �.
<br />� pt+aperty,or does not tutswu withit� 30 days a ttotice from L,enci�r that the incurance carri�r has offered to seitle a claitn.�h..n =::-
<br /> , t.eaaer may colaoce the insurance p�oceoas.t.enaa may use 8�e proceoas to�'or restnre th�Propercy or co pay swns secur:.� �4
<br /> � y Insuumen�wQettxs or not ttkn due.'it,e 30-day period wiA t�in when the lwdce is giv�;n. _-
<br /> �, b this SxuritY lication of ta principal sha1]not extentl or Post�+one _
<br /> Unless I.etuier aad Barowu�tturwiu agrets ia writiug,an)�aPP P� __
<br /> � the due d�tc of the monWY P�Ymenu reie�rcxi i.w L��,a.w�:j.��l:.:.3 2•�Chono°licies ansi �proceods �resul�t.in�8.If�nder par'dBraph —
<br /> 21 the Property is acqaired by lander,Borrowu's right to any iasur.u�ce Fo from damage tn the —
<br /> �Y P��� �9iusition shall pacs to Lender W the axtcnt of the sums secured by tbis Securiry IASUumeni i�nnediatelY —
<br /> priur co�he acquisitiun. Borrow er's Loan Applicatioa:Lease6okl�. —
<br />;� 'v.�:..-�pa:.:.5�P:�..�n�e*!^3.Maiotcnsace and prote�^tion ot t6e PropertYi =
<br /> Borrower shall occupy.esuiblish.and uEe tho Property as BaxmweJ'c priacipal resideace within sixty days afcer the eaecuiiou of
<br /> _�� this SxwilY Iasuument and shall cundnue to occupY the Pi'opertY a9 So�rower's priacipa]crsidence fa'at jeast one yezr after the
<br /> d�te of ocxupancY, w�.SS I.uu3er othawise agcees in wriqtig, whlch wnsa►t sh�ll not be unreasonablY witht►vd+ or unless
<br /> � ��nua�ng cir�u�xes euiu wbich are beyond Boaower's control.Bamwu st�all not destroY.dansa8e or imptir the Prnperty,
<br />..� aliow the PropertY to deteriorau, or commit W�asto on the ProputY• Bomower st�ll ba in default if any forfeiare action or
<br /> = p�+ncoodic�,wbether dvil or crimin�l,is beBua that ln Lxader's good faith judgmeat couS�result in forfeiture of the PmpeJty or
<br />-� otlsa'wise materi�allY imPair ibe liea created by Iihis SecurilY Iasvumeat or I.ender's secunity int�rest Botroaer may ca�re snch a -
<br />� defa�ilt and rai:sstalz.a3 Pro�id��n P�'�&� 18,by causing the acrioe or proceedin8 to be dismisud with a iuling t1�at.in
<br />� � lud��fixfeiAue of!he Barrower's iaterwt ia the ProPertY or other tt�atetial impairmritt of
<br />= L�euder's good faitb detumiaation.Prec
<br />�' the lica crated by tbis SecuritY I�s�une�t or t,ender's sacurity inttres�Borrower sh�ll also be in def3ult if�ort'ovuk L.etula with
<br />- loaa�lic�tion Process.8ave materi�llY false or inaccurate infomnstloA a st�uase�ts to Leuder(ar failed to pro .
<br />� aay mate�ial infartauioa) in ooauectlon with the ban evi3eaced�If this Socurity 8,but uat licnited to. reperse�tioos
<br />_� ��g�nwtr�s occupancy of the Properey s�s a prineipal Inunuaast is on a leaseswld.Bon+awer
<br />_� s,6a11 coa�ply wit6 all the pt+ovisioas of the k,�e.If Barowu acquites foe titb w tt�e PcopatY�the leasehold 9nd ttws fee title cHall
<br />-- ���..-Wi�a.9 L�:.u.::ys.v....MV'�-�:i;..�.,.:ti�fg, _
<br /> 7.Protectioa at Lender's lti�tit�io t4e Prope��ty. It Ba-rower fails to perfaam d�covawnts aad s�greemmts�ed'm _
<br />� that may signifrantly affect Ir,�der's rights in the Pcopaty(s�ch aa a
<br /> this secur;cy Iastnu�n�or there is a legal grocoeding reg,ilat;oac),thea L�eada may ao ana PaY
<br />� procading ia b�al�tcy.Prohatt.for coadannation a�farfeia�re or to eaforce L�ws or
<br />� fa whatevet is aocessarY to Prot�t tAe vaL�e of the PropertY nnd 1.e,a��s nghu in the Prope�ty.I�usder's acdoas may iaclude
<br /> = pay�qg sury sums saured by a liw which has priarity over thu SecuritY Ia�ument, ��8 in caut.P�Y�B ��
<br /> = �tbcoeYs' fxs aad eatering oo the Piu�escY to make repaus.�h�r may taYe actlon under this paragraph 7,I�da
<br /> = does not�ve to do so. 7 shall become additia�sl debt of Boe�uwa secured by thic Sec�uitY
<br /> —� Aay�aotuus disb�used by Lendci nnda this para�aph tlyese amounts s1�11 bar iaterest from the date of
<br /> � Iasuumw.Unkss Barowa sad Lafder s�gree �other teaas of paYmust,
<br /> — disbin�aneat at the Not�sau�nil shall be pnyable,with iotaast,upoa not�c�fmm I�eadsr tn Barower reqwsfin8 P�Y��
<br /> —a 8.Mort��e Tns�u�oe. If Leada requIIOd morigs�e i�;:;�:s s�iYea e€maJdno the to�xcund by this SocuritY _
<br /> a Inst�umeat,S�'owet sh�ll pay the Premi�a�s ra4uired to maiatai:s tise mongaYe io�u9nce ia effoct. Tf. far any reacon, the
<br /> �� e iasiumx covaage nquind by Lender l�psrs ar ceases to be la effect,Bomawa sh�ll p�y the P�ni�ms rWuired w
<br /> mo�tgag �as �,� m effax,at a cost suiutaatiallY e4nivaiau to the
<br />�. oixair. covaaBe su�aUY W�ivaleai to tbe awrtgage ins�uance p�' Y a ' e iasurer app�coved by L.easder. If
<br /> � c�st to Barawa of tbe matB�B� �P���Y io effoct,from an�lter��te moct8a8
<br /> subst�ntiallY Wuiva3eat moitBaBe iasurance coverage is n�ot availabla.Borrewa sh�ll p�y w Leacfer each mm@�a snm equal w
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<br /> oaatwelfc�of tLe yearly mongn�e;^M,•n^^r p�emium br'ng paid by Barrowa whee the iasur�nce covuage 1a�sod a ceased w
<br /> be ia effa;t. I.eader will accep�use and retaia these payments as a bss nserve in lieu of mortg�ge ins�uance.Loss rrsesve
<br /> � Form�02� �190
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