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<br /> „ � e , _ g, Hqz�rd or PrnpeM�• Insurance. Borcower qhall kecp �hc improvemcn�w n�w exfs�ting or hereafter erectod on the .,�..o:
<br /> ��,:''ti,�,,;�.,,��'•. Pru�xrly inhur�+J upuins� lu�.by lire. huiurJx includ��l wi�hin thc tenn "cxtcnded cuvcruKc" urul uny ntbcr hu���J�, including �' --
<br /> fliNnl.��r IhMKlln�e.for whirh l.endcr reyuirc.inauruncc. Thi�in�urunrr shall Ix nwinwincd in tlic un�uum*uiul li►r thc peri��lti ��-_��
<br /> � Ihul I�nJdr reyufrc�. Thc in+urunrc curricr providing Uic in�urunrc+.liull Fk rh�»cn hy li�►rr��wrr .ubjc����► lAnJcr'.uppr�rvul ���
<br /> N�hicli ►hull nut Mr unreuwmahly withhcld. II'&�rrawcr fuil��o m•riiuuin r��vcr.�Kr dr.rrilx�l ahuvc. Ix�ulcr nwy. ut l.c�xter's
<br /> ., .. . �►p�iun.ohluin ciwcr�ge tu prmect l.rnder'�righ�+in Uir Pro�xny in ucrurJunce witb paragruph 7. ��•4,—
<br /> , �II in�urunrc p�licfc� aixl rcncwul. �hull bc ucrcptablc ��� IAixlcr uiHl ,hull inrluJc a.�u�xlurd muhgugc cluux. l.cixler ■t��:
<br /> . . �iv�tu l.rndcr aU recci Iti��f --=.
<br /> ---��- r�hull huv�ibr right tu IiuIJ th�pdi�ic�and r�ncwalti. IY I-rndrr requirc.. 1k►rruwer.hull prumpUy�. P•
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<br /> '� puid premium.uixi renewul n��tice+. In ihe event of lu,.. li��rn�wrr xhull givc�xompt naiice�o Ihe inwrunce carr�er uixi l.eixter. �
<br /> ' lwmcler nmy nwkc pr�N�f of lo,ti if nat nwdc prompUy by&�rniwcr.
<br /> Unlc��la�xfer und !k►nawer athenvi.e agree in writing.in+urunrc pnx�w�l��hafl t►e uppli��J��,rc.torution ur repair of thc =��,.
<br /> Propchy�rnugcYi,if�hc restoruti�m or repair i.cronnmicully Pe•rtiible u►kl I.cixler'+ucurity i.nut Ies,en��l.If thc re�Ioru�ion nr __
<br /> ..� repair iti nM ec�mumicully fca�iblc ur l.ender's+erurity wi�u1J be Ic+xncJ. the inruranrc pnxc��t�,hull hc uppli�l to ihc.rums !4 --
<br /> � ,xtiw•�J by thi.r Sccurity Intitniment, whethcr or nM then Jue, with any cacc+� paiJ to &�nuwcr. IF R��rruwcr ubanJuns the �.,,_
<br /> Pru�krty.or dixr not unswer within 30 days u n�nice from l.endcr thAt thc intiur:�i�rc carrier huy affer��l a�sctUc a cluim. Uicn �:�
<br /> L.ender nwy rollect �he in,urunce proceeds. I.ender mAy use the pnkeeJti tu repair i�r rc��ure the Pr��xny �►r tu puy aumh _
<br /> -, :• -• -,;- Q, ,�:turcd by:lti::�cunty lnstrumem.whethe�or not then due.Thc�0-duy peri��l will t►epin when thc nutirc iy�iven.
<br /> . Unletiti Lender and &�rrower othenvise agree in writing, uny Applicotion M pnkc�^ii� to principal .huU in�� c��ruJ ur �`-'3_-==—
<br /> . �x�stpone the due da�e uf the monthly paymentx rel�rred ta in pa�gruph+ I and 2 or chunge ihe um��um uf the puymen�ti. If �Fr,c._-_.
<br /> under paragrAph 21 thc Propeny is arquired by Lender, 8orrowcr'.right tu uny imuruncc�x�lirie�und pr�►cceJti rerulting fr��m
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<br /> ' dumuec�o the Propcny prior to the arquisitiun shnll puss to Lendcr to thc extem ot'tl�e�um�kcur��l by thi�Sccuri�y Intitrument {:,--_. '� ,�_
<br /> immnliately priar to the ucyuisition. -,�.�f`Y.� -
<br /> • 6. (kcupAncy.Preservatian.Maintenance and Proteclion nf the Property:Rurruw�cr's le►wn Applfcadon:l.euschalds. .�Y.4, ;i,,,._,_ _
<br /> , Borrower shall e�ecupy, ests►blish,und use the Prnperty us Borri�wer's principal resiJenc�within hixly duyy u��ter the�xecution of . `�;
<br /> ° this Security Instrument and shall continue to occupy thc Pmperty a.�&irr��wer'+principul re.ridence for at Icast one year ai'ter , _
<br /> , thc Jutc�►f�xcupuncy. unless l.ender othcrwise Agrees in writing, which conunt rbull ix�t i►e unrw.runubly wiihhcld,or unless y��;�= `
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<br /> ����;;;:;,�r�,�� r� extenuuting circum+tancey exist which are t►eyoncl Borrawer's contral. &►rn�wer sh•rll not Jestruy. Jamagc or impAir the ��,y�
<br /> •'�"'�� ''•' Propeny,ullow thc Pmperty to deteriorutc, or canmiit wa.te on thc Propeny. Burruwcr.hull Ix in defauU il'uny� t��rf'riturc �-a^.,..
<br /> • � �� � . ' ,`� action or pnxe�xling, whether civil or criminal,is be�un that in L.cnJer'+Faxl fuith juJgment could re>ult in fiirl'citun��f the �'•� ,
<br /> '' Pmperty or iNhenvi�e muterinlly impair the lien created by tbis Sccurity Instrumcm�x l.endcr'�securiry intcre.t. Qorrowcr may ,���;�
<br /> . ' ,����,�,� cure such u defuult and reinslate.as provideJ in puragruph IR,by cuusing the ucti�m or prcxeedin�tn he ditimin�ed�•ith a rulinb — -'���
<br /> �.�'�'•'�` thu�, in i.ender's gcxxl iuitii drtruui�wiiu�i. prccludcs forfcitur; oi'the &�rmw��r'c interes� in thc Pruperly ur uther matcrial :;F���,
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<br /> impuirment uf the lien creuted by this Scwrity lnstrumem a� l.endcr'� x�curity intcrc>t. 8��rn�wcr �hall ahu lx in detault if '
<br /> ''�� ' ' &vrowcr.Juring the loan applicaiion pr�xeti�. @uve mutcrially fulsc��r inarcurute infarn�ution ur�wtcment�t��l.�ndcr Iur fuil��i �
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<br /> ,.,•.•. �o pnwiJc L.endcr with any mutcrial informutii�n)in connecti�m with thc loan evidenred by thc Nutc. irxluJing, hut nut limitc�i �
<br /> ..;�,';,:; ' tu, rcpresentati�►ns conceming Borrower'S��rcupanry of the Propeny u�u priikipul re,idence. If thi�Securiry Imtrument i�on a
<br /> � ,� ,,� Iea�eholJ. Borr��wc� �hull romply with all the provisiom oP �hc Ica+e. If&�rr��wcr acyuires fcr tide to thc Property. the i f!; ' `�
<br /> ' � Icar�halJ nnd thc I'ce titic.hull no�mcrge unleti,L.endcr agrecs t��th�mcrgcr in writing. , .��
<br /> ' 7.Pn►t�rtfot►oP I.ender's Ri�hts in the Properly. If&�rruwcr fuil.t�i perfiirm thc c��venant.anJ ugrecmenu amtuineJ in �..,;,;,,,...•:
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<br /> this Security In�trunxn�.or thcrc i�u Icgul prixerding thut nwy �ignilirandy ul'fut l.ender'.righl+ in ihe Prnperty I+urh a� u �,�
<br /> prc�ceeding in bankruptcy, pr�ihute. t��r conJemnati�m ur tittl'citurr ur tu enlittrc law�or regulutii►nti), then I.enJer may J�i und , . _ _
<br /> puy for wha�ever i.nece.+ury t��protcct the �alu� uf the Propeny und Lc�xlcr'.right� in tlx Pr��xrty. Lendcr'+ •rrtio P y u� • •• ,�' `, -
<br /> include paying nny �umx urured hy u lirn whirh Iw� prioriry u�•cr �hi� Scruriry Instrument, uppc�rin� in cuurt. a in ,
<br /> rcutionuhle uttorney.+' fees and cntcring on the ProFx:rty to makc rcpair.. Although IAnJ�r muy tuke uctinn undcr thiti purugruph �.��--__�
<br /> 7.LenJcr d�xs no�huvc to Jo so. �:��:;_
<br /> ,: .. Any umounl� di.rhursed hy 1_endcr under thiti p•rragraph 7 .hull h�romc uJJilionul dchl of earrowcr s�rured by thix . --, :_-,-
<br /> '�u.• Sccurity Instrument. Unlc�+P��rcawcr anJ L.e�xicr agrcr tu uthcr t�rm,nf paynunl. the�e umuwn. tihull Ixar irnerey�fram the . , ° °.,,;,�:;:.
<br /> dute uf di�bunement •r� thc Nolc rutc anJ .hall he puyrMe, wi�h imcrest. up��n n��licr fr��m l.�nder to B��rr��WCr reque�ting , _��
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<br /> puyment. •
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<br /> 8.M1torl�nac Insuruncc.If Lrndcr requircd m�mgagc inwranrc a�u r�mJitiun af nia�ing�hc I��an tirrurcJ by thi�Sccurit�• �;._�:,-.
<br /> los�rumcnt. B��rrowcr xhull pa�• Ihr premium.r rcyuireJ lu maintuin �hr munga�c in,ur:mrr in ctfect. If. ti,r :�ny rca.an. the „ .. .._
<br /> mnrtgage inaurunre covcragr nquircJ My Lrndrr lap�r,or rca.c+tu hr in rlTect. H�,rruw•er.hull pay the prcmiums rcquirrd to f . �, ,
<br /> • ,';,; ahtuin coveruge tiub.tunliu�ly ryurvalrm Ia thc irx�rtgapr in�uranre prcviau�l�• in rl'1'e�t. ul a cu.t �uh�tanliully rquivalcnt t�i the �,;
<br /> ' • � ro�t t�� eorrow�r af the m��ng•rgc insuranrr pre�•i��u�ly in cl'i'ecl. fr��m:m ultcrnate m��rtgsi}:c in+urer appruvrd hy LenJrr. If
<br /> ,;:i,�',�', +uh+luntially cquivulcnt mungaEc imuranrc r��verage i.nu� availiiMc. H��rrow�r.h;dl pay a+ LcnJer carh munth a wm cyuul t��
<br /> , �.',� . ��nr•twclflh of thc ycurl� mangagc in>ur•rn�c prcmium hrin�paiJ h�• H��rr„wer Whrn thr in,uruncc ru��ragr Iar,�Kl ar�ra.cJ to
<br /> • lu in et'fect. Lendcr will urcrpt.usr unJ rrlain thru pa}•mcnl+a. •r li�., re.ervc m h�u of mort�arr mwrun.r. L��.� rc.rrve
<br /> ' � Fwm 3028 9/80 '
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