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<br />� 5.�a�araf or Pcop�4y Insarance. Baaowra shall keep the improveffie,ats now e�xisting or hea�eafter e�on the Fropeicy ' x_:
<br /> insured a�ns�loss by �.ha�ards includeti wit6in the team"ext�aded cov2�age"and any othea haz�rds,inclu�ing floods or ��- ; . .�.
<br /> tea .
<br /> IIooding,for w6icd I,ead�reclu�s insasauce.lbis ins�uaace shall be maintain�m the amotmrs and for the periods t6at Lende�r `?
<br /> vidia the insiaance st�aalt he chosra by Bonawer subjeci tn Lendea's agproval wtuch shall not t..,;` ..: ! ,..:�.,,• �: ..
<br /> reqaue.s.The�c3uirr pso g .
<br /> au
<br /> be tinie2sonably witt�td.If Boaowea fm7s m maintain coveaage d�c,nbed above, Izn�r may, at i.ecnder's option, obtain
<br /> -- vovesage w pmtect IRn�r's rights in the PragertY in a.ccordance vriin garagraph 7• �� ' . ,"
<br /> l�ii ia�r�pol�ies sn�e�ewals�6ull be aoce�tabla bn I,end�r�ad sliaA incledede a s�ndard ma�age ci��.L.c-���}all E. . ,_ _
<br /> LL 6�ve the riglri.t�r fi�;d t�e pnliaes aad renewaLs.If Lender r�I�.���^3i�tty�i••-e c�I.ender aD receipss�;�. �1
<br /> gremiums auti c�l�ces , acti��3��ins,rs�ca:rier and I.ende�.Lc�sdr�: �.�:.'.� ,�: �,.
<br /> :'s .In dte event of los4,Barc�wer sha31�ir•;e�Lm�rgi .r:.;;,;, �� k�.��:�, , ,,
<br /> may malce g�+aof of lass if not made promptiy by Banower. '.;£,�: '. -.� � :'� .. : ::
<br /> Unl�ss t.ender an��t�rowea offieawise agrEe in w�3t�n�,ms�uanoe pruoeeds shall be�plied w r�staaa�on or repaa of the --_ --
<br /> • ..:_`;.:•,.•.;;•
<br /> pmpra�Y damaged.if t�mstmation or regair is economscally feas�te a�d L,�udea's seauiry is not 1�If th�res4�iatio� Y��� � �s,�r; w
<br /> repair is not eoona��:y f�ble or Lr,a�er's se�vrit}r wonld be I�ed,the in.s�xaace pioceeds �PP .
<br /> � secuned by diis Sev.¢it� Instruue�ant, ahe�&er or not then due, with any e�ccess pa�d m Horrowa.If Bouawer abandons the ..,� ,„��:'�.�'"
<br /> � proprarty,or dfles noi ayzswc�within 30 days a notice fram Ixader that the insivauce carrcei has offered w seule a claim,9hen `;�,,�_:;�",�ti.
<br /> Leadet may colie�t 9tC�ance pmceeds.I.ender may use tho pmoecds ts�tapaYr or restote the Property�r to pay sums secsued , _ ::>_��;�,:-__,
<br /> •� by rt,�s secur[cy i��,war�nea or nac�►en aue.�u 3aaay pu►oa�riu�egin when the noGee is given. � .._��'�'=:_ -
<br /> - Unleas Lendcr acr3 Bolrower othea�vL�ageca in vrridng,anY apPlicadan of pi,�ceeds u. ;srmcipa ch�'1�t ea•end or pnstpone � • "=,�:_R..-
<br /> the dus djue oi tis��r�xj''...jiY DBYments refc�ed tn ir�par�hs 1 auA 2 or chauge tbe smount of the payments.II under paragzaph . '��:?`�`_��;-_.-
<br /> due t .�.. . '
<br /> ;..:..�.:-.- :.
<br /> 21 the Propert�r ia r��.irxd by Lendcr.BasTOwer's rIght tu any insurance po�d�s and pr�ooeds resWtiining from damage to the ..�;._...�._.
<br /> ;; P�ty prinT ta t�c scqvisiiion shatl�ro l.ender to tbc entPnt of�he sumg sec�ue+d by this Security U�s�ume�t immediately ,• •' �:�=�y�
<br /> praor to the�rqucsi�� , " �'
<br />, i.' 6.Oowp�c9.b'tc�en+a�n,MuinCe��ce aad FQOtec�bn ot the Pro�tp: Borrawea s E.nnn AppfIrat�a;Leasx�oldfl. �,'�'?�= -
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<br /> So�rower sha11 oce�y.est�lish,aad use the Ptopetty as l�omawea's pmtcipal residence w�tLin sxry days efter the exeattion of . ,,.,;
<br /> '�`' d�s Secm�y i��s�.r'-n.and shall caadaue m occ�py the Prayerty as Borrower's priucipal resideuce for at 2east ona y�r after the ` � ' � —_
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<br />��•�;:i d�te of oaaipaacy,�Lender otheaarise agrees m wruin8, wdicb wnsent shall not be un�easunabl3+ wiihheld,or uN� '_!�:;.�M
<br /> eaa is
<br />-- extenua�g��which are l�yon�Boirowes's couunL Baimwea shari not desuoy,dama8e oT imp�s the Aoperiy. '
<br /> allow the PrapertY w deurioJate.ar cammit wastc on dce Prcpe�ty. Bamawea shall be in d�fault if any faafeimze�tian ar ;:�,;}�,,,� , ,,:. ..
<br /> �,��'� psaceeding vefi$ti�r c�w�il or criminal,is beg�n tl�aat ia Leiedee's gaa��EPa ludpnent cfluld resvlt in forfeinue of dte Frag�I� ' ,
<br /> `'�`;; ° Tn�hts�__?r3�1�.3Pt'3 SCCUf1tSt IIIICTCSL BOI[DNeT[ri3}/ClIi4:'�d5i Yz
<br /> ;� Of11PiWIS4'ffiF�E�27'd��y'lfw�[tbC 11Ei1�' �1y IZ11S$BCQII� ,
<br />,�.�r;�� default and�saQStan�,as provided in paiagtapb 18,bY cansmg r'.z a�sn ar�e�eding to be dismissed wirh a nlmg�,rs� �
<br /> Leader's ga�f��r�„��n.QrectudQS forfeiaue of t&e E�a�r-eds interest in the Propats+or other mat�ial imp�s� t ,;� i' '
<br /> ,, ` the lien c�d�y ws Sec�ity Insaamc�.e or Leadds sec�ity'�:�.Houower shall aLso be in default if Barrow�r,diuiug �
<br />. ;`�- laan�pli�',c��+acess.gave matrrisrlLY fatse ar inaccinak.i�f�un or state�neuts tn I.eFada(or failad w pmv1de Len��rth _ '�I _.
<br /> - arry masaial �t��►) in connectiaa with the Ie2R evi���y the NoTe.inaladin8.but not limited m.re�esentalions _ --
<br /> conoemmg Bo3ao�ret's oaupancy of the Ptop�ty as s�r.�:a'.e�ce.If this Seciuity Ia.sstriament is a�Q L�o1d,Bonower :� �';� _--_
<br /> shall camgYy wi�a�i th$pravislans of the tease.If Banacver�`�s fe�title to the PropeSty,the leasehold aad t�e fex dde sl�ll __.��--�`.=.
<br /> � �'' not mca�e unless F:�:r�der agcees to the merger in wribing. , -.�
<br /> 7.Pespf�z,�n vB Leader's RIIgbb in 4Le Prog¢rty. If Bmsac�a�;�7s m pezfaim the covenaats an��reemeata conr�sua��m _�-::..
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<br /> �:''(. this S :.� Icnrr.u�eat,�theae is a lsg,al pmceedin8 t�t c�'�9���Y affect Lend�'s rights in the Pmparey(��us� _.
<br /> :..,,�: proceed'mg�b�'u'a�.L�bate,for condemaa�on ar f�feiiu�s a�easfc�L�:�or re$ulations),theai L.ender may do aut�� s x,.
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<br /> . .,'.: far wharEVer is�Y'�P��the value of the Ptapa�ty a.�d L.-3dri's ri��m the Prcperty.l�der s acHons mai►�'+.� -- -
<br /> PaYmB �►Y s� �'uned by a lien wltirh has prioriiy ovet ti5iv:�ec�ity lnstcument,a�e�ng in court.PaYmB�� _'_— —__-_
<br /> , aunmeys'feeta aa,�enUesing on the Pt�s1�Y m make repa�s.��g1�Leader may taYe acdon undea this par�gtaph 7,Y.e�der � ..-
<br /> ,'���� �aes aathave�de�co. �....,..�
<br /> � � Any a�ccrosn disb�usad by Ix�de�r uadea this ga�a�raph 7 stjaaU beoome t�ditFonal debt of Bmrowrr securet!by thiis Set�ity �,;4� _
<br /> �:,.�� Ix = -- - --
<br /> �t Ua:uss Boaowe�and Lendea agmR to othFa teams r.��aYment,these amounts ahall bear interest from the date af ff;��_ ^
<br /> Gisb�as�mrent qs c�a NotE rere and shall be payable.with mtra�t.a��rotice from LQnder w Bonower reqn�g Fal+mcnt �.. ..,.
<br /> ' �� 8.MoaR�Bnsurance. If I.eadea requ'ued mortgage in.��rxe�as a oondidon of malcing the loan securad hy t�i.�Scs�wiry E� -�a.
<br /> .1 Insuu�ena„ Btc�av�er s?ia11 pay the premiums required tn mar;.n�, she mwtg,age uu�uance in effect If, tor any r�,the E,"�-._.,_�__—.�--�_"";Y
<br /> 8�a8 s:« -- - -__
<br /> . moitp,�ge i�s�ae coveage required by Lender lapses or ceases��e in effeq.Bolrower sball Day the premiums req�d to i�-- --`_--
<br /> eg
<br /> obt�iu caxeraQ�subsmntially esluivt�ent W the mortg�ge insurama�.�viously in effect,at a cost mtbstaatially equivalent to the �� �_
<br /> cost w H�rmrues ot the mnrtgage insr�nee�reviously in eff�fseam aa alttunatc mortBqga nns�uaY spproved by Lezc3er. If -- - -!":---
<br /> substaat�ily�+��tivalent mortgq�e in�.�usce cove7age is not s���1'i�,Borrower shall pay w Lrader a:ash month a sum ar�ce�il to _- .. ,,=.,
<br /> � on�t`re]�f�eLr•t��e yearIy mortgt�ge ms�uance premium being p�id by Bomower�+heo the insu�nce covetage tapsed ar ceased to C_`.;r�,-�----�'^�`r°_
<br /> � be m efftct.Lese�er wiU accepi.usa and m,tain du��uymcnts ag a loss reserve in lien oi mongag�in.��ce.Loss reserve _-r:;"-:-�_ - --� _
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