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<br /> `�.'.' S.ffisasr+u or Fre�7 I��a..u:.a. $xra�rt�11 keep the i��r�veraenta nocv e�atmt�or 4�ma�r op
<br /> the Property insur�d egainst lass by f�.t►azards incIuded cvithin ths term"eaunded covere�e°aud auy other Rnzards. ���
<br /> ..�� including ffesgds or ftoodiag,for which I.eader tequir�iasuranca Thia insurartce shall be maintained in�he amounts ���
<br /> � snd for th�periods th�t Lender require�.The iasucancs canisr providing tha insuraasa shatl he chosen by Bortower !�
<br /> • suls�ecc to Lescder's ap�oval which ahall not b:unraasonnbly wlshheld.If Horro�rer feils to maintain covereg�de�cribed _ __
<br /> '� abov�Leader may,at Lend.,K's optimi.obtain cave�age to protect Lender's ri�hta in the Propertp in accurdsnca with �_
<br /> . P��Ph 7. '�`s
<br />:.� A11 insurance policies and renewals shall be ar.cep9able ta Lender and sh�ill include a�tnn�ard rnortgage cl�use. �y��
<br /> Lender shall hnve the ri$�13 to hc►td the�salici��d r�rw1�. Yt I�.,�ra4�ir�. B+anower shnll promptlq give w ��_..�:
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<br /> . Lende�all s�xipts o4 paid presniums and rene�l a�tic�a.Ia the event of tos3,Bornawer ehall give pra�pt nQtice to the --
<br /> insurance carsier aad Leader.Lender may make pmo4 of lass if aot anade prosnptlp by 8arno�aer. ��~r
<br /> Ualess Leader nad Barrot�er oihersvis-agiea ia writing,iasureace prooeeds shall be applisd to reswsation or repair �`_'---
<br /> ' o#the Property damaged��a�m�on or repnis ia ecoaomacally fersible ead Lender's ser.uritp is not le�ned.If the �„j;�
<br /> restoration or repair is not eoonomically feasible o�Leader's s°.�uritp wa�id hs lessened.the i�asureace prac�ds eha11 be �;:_,-;-
<br /> ,` i aPPlied to the sums saured bp 4�is Securitp�uahv�asat,w�eEher or aot thea due,wittn any excess paid to Ban+ower.If �,�_-=-
<br /> ' } Borrower sba�dona the Properey,or does aot easwer with�a 3�duys s aotice frana Lender ffiat tYbe insuraaca carrcec hes �„:-�
<br /> . •. �� offerad to sattte a claim.tt►en Lender may eollect the insuraace proceede.Lender may usa theptoceede to repair or ,
<br />.. .� resttire the PmpercY or to pay sume�bp tlus�urity Iastrumem,whet�er or noi thea due.'I7ie 3�'day period will [::�
<br /> ' � ;° begin when the notice is given. ��"J'::;
<br />��.y �� Unlese I.ender and BortoRes otherwise a,ge+ee in writing.aaY aPPlication of pt+oceeds to grancipal shall not esta�d or =-_-
<br />�-�=._t postpanethe due dote o!tha moatWy paymen4srefened to ia paragrnphs 1 aad 2or change the amountof thepsymente. �---
<br /> � II uwler P�B�Ph 21 tha Propertp'is acquired by Leador.8orcowei's right�any insuraace polici�aad praxeds
<br /> �F tr�l4ing from dam�ga to 4he Praperty prior to t�i acxpusition shatl pa.8 to Lender to the este�nt of the soms sc�tted by -,
<br /> S t63s Securi�y It�suo�nent immedistely prior to tF��3Uisition. `°'
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<br /> : .:� 6.Oc�a cy.P��vutio�.Maiateaa�c��sn8 Ptotec4ion of the Property:Bonowe�s�Applieation; ,
<br /> I.easeholda B�o�wer shell accuPY.cs4ablish,ea�c�se the Prnparty as Bonawei''s pnncipal residence withia sestY daYs
<br /> �,• ��, efter th�e rsocution of this Sec�rity Iustrume��.�d shsll vontiaue to occupy tho Property as Burrowet's gs�is�cipal �``
<br /> ": .sesidenee far at least one year afterthe clate o�e�n:�aa�cyY.uule.s I�ender otherwise agroes in writin�,wbieh cansent shall �'-
<br /> _:,.:� ._',°not be wureasonablp withheld.or ualess e�cte�u��xircurn�teacee exist whirh are beyond Busrowe�e control.Bor�wer �
<br /> �..,�; ��h a l l t t a t d e s t r o y.d a p a a g e o r i m p a i r t h e A m p e a r i;!r:,+�1 1 o w t h e P r o p e r t y t o d e�r i o r a t e.or oommit wasu on the Pra p e rt y. �`����
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<br /> �'. :, Borrower shall ba in default if any£�eiwse accioa or p r a o e e d i ng.w he t her ci v i l or cri m i a s l.ie b e g a n t h a t i 8 L e a d e r's �� �.
<br /> "`. 1 good feith judgment coutd result i�1�r�eiture of tiie Pmperty or otherwise materially imgair�the lien cnated by thi� �..
<br /> +� ..Savnty Instrumeat or Lender's s�urity i�n�sS. Borrower may cure such a default and reiasmte.es provi d e d iu �
<br /> ` ` , � to be dismissed �h a ruliag that, im Irsde�s gaad faith �—
<br /> ,t:t: ��.',., ,;: .,'r�tagtap9.1$ bY csr�1 the actiosi os pa��ng
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<br /> �• � � .'.�,etenaivaian,precl��.�or4eituce of ffie�o�tv+�i's iater�st in tho Prape=rly or other material i��nent o4 thc tiea
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<br /> y1�,`; ;. � '``':, • SeCtttity jttstrumeat or P.erider"a s�rity int�est.Bott+nwes shsl!elso be in default�iit Yd'�rtoweP.duriag ':,;;:
<br /> :,`;��ted:�s;:�
<br /> - . � . :;the loui�:as;:plication prac�,gavo:�,.�.�terialIy£alsz or inaccurax.e iafonaation or ststetaents to Lender Ior £a+��w : ['�-
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<br /> , ;provide I:endas wi3D nny materisl i�i29R18�4�E i.a connatidn c�i�tbe toan evideneed b�ttce Note�ineludiae,l��aOt --
<br /> . �°;.limitad to;rapreseatsti,ous conceraiAg Bono�r�i��uccugane9 af the Pra'�ea19�8 F��P� residenee.If th�c;�,a�sY ,.`:;,l---
<br /> �'�� Inswment is an s leasehold.Borrowet shsll��t�with all the plovisio�r,fC ths leese.1P Boamwer acqulres f�tit$o ta .,,;;,,.,
<br /> . thn Propecty.th�leasehold�ad the fee tiate shs1Y a�t merg�uniess Lender a�es to t8e mrrgcr in writing. ;;.;.�=`,
<br /> � 7.erar,ectiaa of Lendes's Ri=IIts ia the Property.If Borrower fail�to perfozm tflo covenaats aad agrae� ts. : ;:�::::��
<br /> � �:. ` contaiaed in thia Security Iasirument,or there is a tegai proceeding that xaay si�aificu�tly affect Lende�e sight�iy�;i �:. � __
<br /> � �.F propert9 {such aa a proceeding in baaicrupicy. prabata. for ctindemaatio� or f�"�iture or w enforce ?,z�u� .� . �
<br /> ' regiilations).theti Lea�er msy do aad gey f�r a�auver is ncc�ary to protect t�►e value of tha Property ead Y,e"�� _
<br /> . '' riglits in the Property.Lender's wtions may include paying any susna securad bY a lien which has griontq over this ; :,,i�.:_
<br /> �.. .d .,'.i�.
<br /> Securit�It�sttyment,aPFeana�in covrt.Pap�nS cassona6lo atwrasye�foes aad enteriag on the Pmpetty to maYe tepairs. ,;,,�:.
<br /> • Alttiou��Il:�der msy talce actionu�a�zr tluaparagraPh?,I.enderduasnot have todo ea, `��
<br />.. As►�r�aounts disborsed bp I�under thie P�B�P�t:��U bocume additior.al tBebt of Borrower eacnrocT 1°,��.�� —_-_
<br /> Sec�uity Instrument.Ual�s Barrouiet and Lender egtoa to�r.�er ttrms o!gaqisient,th�amounta stull hear i�+�.n+est _
<br /> . ' . �inDm the date oi disbwsamsnt at the Note rate and sbatl be pnyable,wita►ia•..erest.upon aotice from Lender to BorROwe1' _
<br /> r�8�Ymen� -
<br /> , � S.Mort�a:e Iasurance.If Lcader required mortgaga iasuraace as+a ooaditioa of maYing the loaa secured bp this :�.� �.,;.
<br /> � � � Soeurit9 InstQUmcat.Borrower�i�zd9'�aY the gs+er�niums reqwrod to maiAtsia the mar��?a inauraace ia effect.If.for euy �
<br /> •, ``��; ' :caaon,tho martgpge insurea+ca v.�va�aga requi+zd bp I.ender lapsea or cease�to ba i���fect,Barrowat shaU pay t1�
<br /> ` '.. Premiums sequired ta obtain coverage aubstantially equivaleas w the nnortgaga insur,�nce pr�viously in�ffoct.at a coat �
<br /> � `' ,` substantially eqwvalent to the cost to $orrower of tha mortg3ga iasuranoe proviauslq �a effav^�t,trom an alternata
<br /> � mort�age ipsurer approwed by Leader. If substantiaUy oquivateat aa,artgage insurance cover�� ie nat avaiiable, ' �. .
<br /> `. Borrower st�all pa7 to I�eader each month a sum equal to aaa-twelfth ot the yearly rnQrtgage iasittanco ptemieir�I9eing `
<br /> -- . :.;;: paid byt.Tl�nower a��n the insurance covaa,ge,tapeed ar cesn�l w be ia effect Lender wi11 accept,u�e�nd c�m9�st.�ese _.
<br /> . ; P�Ymesttss �s a loe�_r�crve fa lieu of mortgago iasttra�s�: I.o� ramaes+e paymenti may a� �^nger be ns'�iired, .
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