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<br /> S. Eiaard or Pr�o�serfy Insara�sa Boirowes shell keep the improvEments caw e�astin8 or[�emafter erected on tht . •° ; , �'�,=
<br /> se . e• and�ny mther hazards�iacluding .:" �
<br /> Property insured ag�.inst Qoss by fue. �a7ards iactudsd within the term caaenQed covem8 _i �� •.'., �:"
<br /> floads or Qoodin�, for erfnich Leuderrequiresinsutanre.l't�is insuraBCeshall be maintainedin Ghe amountsand for the geeiods . —
<br /> that l.�ader r uires.The insuranse canier p�ovidinb She insurance shall be chosen by Borrawer subjed to Lende�i Lende� � � =:. , `.'�",,• �`� --:�-
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<br /> wluch s�all aoi hs un,reasonably�vthhetd if Bonower fai1s to maintain cov�rage aessn'bed abave, Lender may, a �`
<br /> -� vption,ol�;ain coverage to pTOtect Lender's ri�sts in tfie Pr�perty iu accardaace c�ith paradraFh 7. e clau�e. l.endat ��--..— , _ - . -
<br /> p�;,,�,�„oe�Olicies and renewals shall be acoeptable to Lender and shall inslude a standard mortgag , _
<br /> sliall have the rig�t to hold the poliaes aad renewals.�f 1.ender requires,Borravler sha11 promP�3+S���nder all reoeipts of . J.
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<br /> paid�r�miumsand aenearalnotioes.In d�event of Ioss,BormwershHll�ive Promgt notice to the insuraace ca�rier aQd i.ender. :,; �_ .±�—.
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<br /> Leuder may make proaf of loss if nnt made prompdy hy Sonawer. -.� �. ;i:;.•,<;:., -:;._.
<br /> Untess Lender and�orrowerotheewise a�eeia writiag,���ra*+cepsoseedsshall be applied W restosationor repair of the •} �,�`�` .•,,,,_,;
<br /> '{ `�. . .F' _.:.,� �.��,t fi.
<br /> Yropertydamaged,if the restnratianoz repair is eaonflmicaIIyfeau'ble and I.ende�s sesurtty is not tes5eued.If the restorationor . .a,��.r T—
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<br /> repair is no4 econo�y feasble or Le�der's se��sity would be lessened,the insuraase proceeds shall be applied to ths sums ..,�; _•,.•.._.�.� _
<br /> secured bp tmis Secariry InsuumeIIt,wlret�er or not then dus.wiW anY exc�Paid to Borrower.If Boaower abaadam5 the : . � . ::,;��°
<br /> Property.or does nat aaswer within 30�'ays a aotioe from Lender that the insuraacc carrier has offered to settle a clnirn,then << _�? ,'; �:>;��.`;'.':=.4` '=_--
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<br /> Lender may collr,ct the insnrance preceeds.E.ender may tue the pso��eeds to repair or restore the Property or to pay sums .y.•�,_•�;�.-�r,_:._o._
<br /> sec�red by this Secarity Inslruffient,cvhether or not tfien due.The 30-day period wU begin when the notice is given. : • .',., �
<br /> an a &cation of mceeds to principal shall not extend or �"`i'' •'_-_
<br /> Unless Lend�r and Boaawer a�rise agree in writia8, y �1 and 2 or chanSe the amomit of t�e payasenta If ":�`'" �"�
<br /> due date of the monJsS �� _ �.��—�'� --
<br /> postponetS�e t �PaYffientsraf�rredto Q►para�ap "�=%�,���,_•:�;--
<br /> "'_ under ParagraPh21 the Pxoporiyis avYairedYry 1.�es,�arrower's right to any i n s w a n cep oliaes and proseedsresnitiaa irem -_. ..�� ..z.•.',,,�,,'_�;��
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<br /> °- ,����'�P;o�ertyg�ainr to the aaqnisiians6a11 g�to Lenderto the elIIent of the sums securedby this 5ecurity i�swmeni � � --
<br />•;`<,-_� immediately priar to t��nis�ag. Barea�zs's Loan Apglls�4lon; Lsase�ofGs. _ ,_•,t.•,,��',.-
<br /> � j�'gj�QC fllSl��PO�QII 6g E�pG'OpCTSj� [;
<br /> . Bo oc�shall occupy,�estabL'�sh,aar�uc�the Yropertyas Borrowea s prinapal resideaccwitbin sbQy days after th$e�cution�f �-''-*�`
<br /> . ;; pr�sipal residencefor at teast one year afiar �..:�.._... ' �°`S-
<br /> this Security Instr�mevL�d s6all contiaue to occugy the Property as Boaa�s i or unless `,•,.,:. �i
<br /> which coa�nL shall not b�tmreasoaabiyv�rthhe d. '::�„r r .. �
<br /> • the date of occapancy,anless Leader othenvise agrees m writing, ., ., rt...
<br /> � ' extennating eirpimistances e�ust wbi� a�re 6e�'oad: l�oaawe�s controL �actw.�er shall not destroy, dama�e or impair tdw � �., , .,
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<br /> P ra�rty,a l low t h e Prope r t y to d¢t c�+�ar��mit waste ors.�e Prope�r_Borrower s6all be in defanit if aay forfeitqre �'� �-�n"' � �{i, ..:.•-
<br /> �,r�,'?� acrion aII�r'yceedi�,whethsr civ� ���+�s�B��t ia Ti,�ader's good faith jud�ui coWd res�ilt in foifeiture of thu � �
<br /> � Propeny�a�tfier�risematerially imp�.���e fien cz�ti�dhy this���rity Instrumentor I.end�c's security intexest.Borrowermoy -�,,,•, - �' . _
<br /> ��'"„ cure su c�a d e f a W t a n d r e i n s t a t e,a s P r ovided i��r n��a p1n18, b y causing the ac�ion or proceedinSto be dismissed with a ruliug . ;..7% :: ;:�
<br /> �< ', that,in Leader's gaad faith determmation,prec'.r��es farfeiture of the Borrc���e�'s interest ia the Prope�2y ar o t her mata r j u l ' � �"';�:-
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<br /> �;�:" impairme:sof the lien createdhy this Secnrity Instrumentor l�ds�s security interest.Bosmwer s h a l l a l so be in default if - �: s., --
<br /> - Boaowea.dtuing td�e loan appliratia��rocess,�►ve materialIy faT�e�r waa:tuatemformataanor statementsto l.ender(or fa�Qd ;,t n y , �,-: ;.
<br /> matesialiafoimatioa u�connec�ionc�.h the loan evideac$dby tiie Note,includiag,bat not limitad� ,t� '�1;:.
<br /> to provide Lenderwith a�+ )� �ty Instrumentis on e F'+' �;: ''.��
<br /> to,representationsaonsxmingBonoarer's accapane.y of tfle Property as a principal resideIIce.If tbis S ��� ' ''. .. .� `�..: �
<br /> leaseho2d,Hoxravner sball camply witl� aU the provis'sons of the tease. Yf Borrower acquues fee tide to ths Prope�.Y+tba: � , � :.-�,,.-
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<br /> ees to tha mer er in wiitin .�'°.�'�'..- -.,_.
<br /> � leasehoid and Ne fee tiue s6all not merge unlesg Leader apF B � � r�.�; .�. : '-� °_�:
<br />' 7.Protedton of Leader's R�ttes tia the Propertt3.If Borrar��rfa�s to performtbe covenantsanda�reemeatsoontaenedin,� ^, i ,� .�:.... ..�� ��:;`.
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<br /> this SecU.�+Instr�ment,or there�s�s�PmceedinSthat may si�ificantty affed Lende�s rig�ta in ths PropertY(satc�i as a ,. •.:;t /.s'�-',�.�,.�_
<br /> � Praceedia$�n baa�t�z,Probate,for ooadern^�m�aor forfeitnre o:to enfarrelaws or re ons,then�.enderma da and�. `�.;.:r"�,,n.�?��,. .._ .._.
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<br /> PaY fos whatever is�u:aESaty ta protect the va.�i��:�the Property and I.eudk:af:>rIg�ts in the Property.Lende�s adions�ny, ��'' � �,�,��:
<br /> �. iaciude PaY�B�Y�secured iry a lien w�.� has priorit� �cu tt�i:�i�ity Insirument,aPlsearns�;n cowt, Pn}�Ff� ..,
<br /> � reasonabieattomeys'fees and e�tr�ia�3on the Propealyto make me{sr•..�s.�_•��Lendermay take adioa aa��rtms�.�e��rnph� `::�-�-.•.:
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<br />�f-` 7,Lender does not h2s=to do scs r ec'.'�y th�e� -'" '•d:`'�',:-�,••t. '�-
<br /> :`:,%''`' pny amoamE�d3�si}�ursed by F�des un�r�ib�Parag�aPb 7 shaU heu-���d2to:si�ebt of Batsowe sec� . '°_.�-,�•;�`�.
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<br /> �:'�1�� Secariry Instnrmer.t�J'nless Borroa�r aad Lecr�c;rdgree W other terms of��azc�r��.,-se amanatash�J11 Ft�ar int¢rest frcm tba _��.
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<br /> ks; date af cii�wsementat the Note r,�t::an�sB�:1i:l:.e paya6le,wIth intere,st,��:a aosice fr�m Lendert�,�ozrower reqn�� . "�`�"`�`'°". __,...
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<br /> �: .� 8.9H;a�',�e 1�sQriwee.If Leaderrequircdmatp�geima�Rr�nc:eas a condi6onof malcingtheloansecuredby tlii5.�raa�ait��. :�: ;;� ..,_�.,: �,
<br /> '`� Iastrument,Barmwer sl�all pay the.premiums ce+�uired to mamYain thQ mort�ge i�surance in effed.I� for aay reason,thfl . . . --
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<br /> ' mortg,ag+einsuraacecaverageiecluiredbY L�ndx�T;�psesorceasestobe ia effect,�orrawerahall pay t�e�WmiumsrequireAta _o_......_ . -
<br /> _ obtain cove:aga substantially equivatent to ti�e mnrsSa�e insivance previousty in e�'ed,at a cost su�stauliall��e9t�i�►atent ta tits� , .,. : . ,,. �'. : �_
<br /> c o s t to Bonowes of tIIie m o r t�g e in,,trr�cs�veviously in eff¢d.from an aItematemortgage inswer zpp�aved by P.en�lat.If �:,,..,.,. . ,.1v--.
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<br />, substantially equivaleat mort�ge insuusurra cmerage is not a v�T a b l e,Boaower s h a ll pay s u l x n d e r e a t h m o a t h a s u m�t p 5 E o , �J�Y ti` .. • .;=
<br /> on�twelf�hoftheyeaalymo�tga�ei:t;�u�nucepre�:aimbeingpaidbyBorrovreawhenthei�:^.r.�ncecoveragelapsedorc,easedCo •1Y,"° � ._.�T
<br /> � be in et�eci.Leadera+iat accept,uss and retaintlrrz�Qaymentsas a loss r��+ec:. lieu c� ���rtg�e u��su..-ance. Loss rescave 'r n^ � �__
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