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<br /> 5. rCu�r,t or E're�criy Incwaacr. Bor�wer �half kcep thc ir�rovrnx:►d� �ww rxirting �w heraattrr urocW: an tho
<br /> Prc�crty i�tisural�Kinu l�by t'ire, tw�u�is i�kludecl wlthin the irm� "czcerxi�xl cuvcnYc" xrwl �ny ��thcr hrr�ud., i��tu�.ilj►� -
<br /> flaadc ar tloa9inY,f�x whkh l.c�xier rcyuire� iiuurxc�. This i�uursi�sJwll Ex:nudiuxliwxl lu Qk u��Mw�uw+uxl G�r the�x�
<br /> ttwt Le�xkr royuircs. Thc inwr�xe carrier pnwkli�yt lhe iiuurwkr �twll be ctwau� by B��rraw.r subju�t tu l.c�Kkr'r u{W�avxl
<br /> which �twil not bo unraso�ubly withhcid. If klurravrc�tuil�cu n►al�uafn cove����rit�al �x�vr. L.eiKicr n�ay, ai l.diri�+'':
<br /> �tia►�obtr�in c.3c�ry�e tc►�u'.x��i Lcau1.i^c ci�hts in thc F'r�petty ic�xccutii�tk'�u:ith�at►t�tr�ph 7-
<br /> All insvr.u�n pc�lk�ies arxl rcncw��ls shxll be a�xept�bte w Lc�uler�u►c! shxll Include �+ �t+u�rd nwwt�{uYc cl�us�. l.u�cr
<br /> shal!hsve tht rirht ta hold the palicies ancl rcrxw�l�• If l.ender roquircc,Bortow�r r�tudl pn�uptly givr tu l.eixkr�II rtcoipt�uf
<br /> paid prcmiumc and rcnewxl notic�eu. In the event of luss,[ic�rrower�hall 4ivu pwmpt �wtiee to thC insura�x:e caMer�xl L�:ader.
<br /> Lender may make prouf of lass if not n�xle praroptly lsy iiurruwer.
<br /> Unless Lende�and Borrower cxherwise agra in writing,insurance proceeds shall be uppliod tu rcsturatlon or repair of the
<br /> Prop�rty damaga9,if th:restoration or repair is eco;wmicully fe�sible a�l.ender's security is�wt tcssened. If ttw rcstoration or
<br /> repair is►wt ecwtian�cally feacibk or Lender's socuriry would be lessened. the insunnoe proeeods st�11 be applied to t1�sums
<br /> se;ured hy this Saurity Inu�ument. whether or not fhen dur, with any cxccss paid to Borcowtr. If Barcowcr�bandons the
<br /> pr�operty, or does not answer within 30 days a notice from i,ender th�e the inwryr�ce carrier hss offubd to seitle a clzim.then
<br /> L��nder may coilat the insurance p►�cacls. I.eai.r ms�• use thc proceods to repair ar restore che Pruperty or to pay sums
<br /> stwed by this Saurity Instrucnutit,whcthec or not then due.'fhe 30-day period will be�in when the notice is given.
<br /> Unless Lender aad Borrower oU�erwis�: agree in writing, any applieation of procr.eds to principal shall �u►t extend or
<br /> postpona tlie due dato of the monthly Rayments referrod to in par�raphs 1 ond 2 or change the amount of the paymcnts. If
<br /> under par{Ra�h 21 the Property is acquired by Lender,Borrower's right to any inwrutice policies and procaals resultiag from
<br /> clamage t.�wa e F'roperty g►r�ac to the acquisition shaU pass w L,ender to the extent of the sums socured by thiA Seeurity Instrument
<br /> i,�,TM,i19}��?�•�ior w tht�uisitiou.
<br /> 6.W�;w�xacy,Preservatiou,l►taiat�.waoce wad Protectbn of ciie H''oPea'tY;Borroxer'c Lvoa Appljc�tioa;I.es►sefioido-
<br /> Bomower�u`tl oca►py,establish.ac�use the Property as Borrow•tc's;�incipal rtsidence within sacty days aRer the e�utiaa of`
<br />� this Security Jnsinunent aad shall caa�tu�we to occupy the Property �c Borrower's principat r�i�nce for at�east one year after
<br /> the date of�ocupancy,unkss Lendes otherwise agroes In writing, w�hich consent shall not b�:unre�sa�a4[}�wirhheW,or un:ess
<br /> extenuating circumstan�z� Qzist w6:c� are beyond Borrower's caunuol. Borrower slwll not descroy, d�.�e or impair the
<br /> Propertv, ru;��w the Pro�-.n4 to c3e�riura:e,or conmit wasto on tsne Property. Borrower stu68 b�in defau"e if any forftiwre
<br /> aetinr�c�¢�caceading, wh�;r eiri!�r cciminzl. is begun thzt in II.�3er's good futh judgmen[ o�uld result iu forfeitvm of tbe
<br /> proper�}or otherwise , - `y ic�pair tbt li�n cnatod by this�rity Inswment or Lendei s s�arurity int�t. 9orroxr.�ur�y
<br /> . rw+e suds a defaiilt ard ce�c�s:ate.as pro�i�iod in pars�raph 18.�y caacing tha action or procadin�w De disaWSSed with a rwiag
<br /> that, in��des's good faith detem�irutian. preclu:�s forf�t+un of the Borrower's interest in �.Pr�zrty�r ottxr m�s�at
<br /> impairmes�e af the liea created by this Sa°urity Iaurument or II.e�ier's security interest. Borrov��r shall also be in dcGswi�if
<br /> Borrower,during tbe loon spplication proac�,gave m�terially false or inaoeurate infomwtion cu�statunents w Lender(or fziied
<br /> . to pmvide Lender with any zn�terial information)in comection with the loan evidenced by the Nate,incloding.but not limitod
<br /> to,reQrcsentatioas ooacerning Borrower's occupancy of the Propaty as a principal residenx. If thi�Securiry I►ssttuma�t is oa a
<br /> lr�sd�etii. Bor�vwer s6al1 coanol5r with a!1 the Dtovisioas of the tease. If Borrowu xquires fa.title to ti�e Ps+opaty� tl�e
<br /> . ...- --�— --. .. . .. ._._. _ _ .
<br /> Icace3sad sad tlsc fx titla s!n!!:eai tsserQ;,su�lGCS Ler.�'ri ug:+�s W tlse mer�er in K�ridng. -- --� ----- - ----
<br /> 7.P'ro4ectioa ot 1.eader's Ri�hts ia the Property.If Borrower faif s to perfarm the oavenants and agra�s ooc►tainal in
<br /> this Sa�rity instNateat. or these is a legal procoeding that may signifu�ntly affect Lender's rights in the Propaty (wch�s a
<br /> pmoeeding'sn t�nknaptcy,probate. for co�ion or forfdture or to enforce laws or regulations), then I.eoder may do and
<br /> paY for whuevu is neoesc�ry to pnotecc the value of the Property and l.onder's dghts in tbe Pmperty. L:euder's actioas may
<br /> include P1Yin$ �ay �uns s�curcd by a lien which has priority o��er this Security Inu�ua�ent. aPP�S � �• P�Y�B
<br /> rp►comble arorneys' fees and entering on the Property to m�lce repairs.Although l.ender may take aciioa w�der this paragraph
<br /> 7,I.eadrr�oes not hsve to do so.
<br /> Aay amourus disburtod by Leader uader this p�r.�graph 7 shall baoome additioaal debt of Borrower secured by this
<br /> S�curity It�tiumeat. Untess Borrower aod Lender agra to othcr temu of payment. these xmoants cltall beu inte[est from the
<br /> c:�te oi disburr�weat at We NaLe rate and shall be payable,with interest. upon uotice from I.a�der ta Sa�towa re9u�tin�
<br /> PaY�• "
<br /> 8.113ort�,a�e La�u�ua.If Lender requirod mortgage insu�a�e as a oondition of makin�df�e laen secured by this Sn:x:rity
<br /> tnctiva�a�t. Horrowa clall pay the praniwns rayvis+od w m�erxzia the mortgage inw�ne�e in effed. If. for any reasan, the
<br /> - moitgage inwra�oe wverage required by I.axler L�p�es or cwses ca be in effect,.Borrower shafl pay the premiums required w �
<br /> ob�ain ooverage subsiantialiy equivaleat to the mortgage iruwarnx.{xeviously in effect,at a oost substyntially equivalent to tlse
<br /> oost to B�c�wvct of the mortgage insuraac�e previously in efiect, faom an altemate mortg�e rsswrer approved by Lemler�. If
<br /> c���ef�Mi�Ij'�,,oywv�leot mortgage in�x coven,ge is not ar•.zL��te,Borrowu shall pay ta 1'ix-s�er each moath�sum a�rai to
<br /> . oae-iwelfth of ths yeariy mortg�ge insurance premiur�bein�paod�y Borrower when the incur�c�ce oover�ige�iaFsed or ceased to
<br /> be in effax.l,a�dp�wiU accept.use sod raain chese�ynsents as a loss reserve in lieu of mortgage ins�r�ae. Loss reserve
<br /> ' �aoss �o
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