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<br /> 5.Ha�d or Prope�ty Insnraaae. Bmro�vu€hall�eep th:impmv�neats now exist's�ng or hereafter erected on tht Propesty .
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<br /> insvred ag�inst luss by&re,har�rds included aithin the t�m"extended coveaage° and any other hai�rds.includ'wg tlood.a or . . .
<br /> QoodmB.for wh�h Lwder�equures i,�suranee.l�is msu�rance shall be msintained'w ttie amounts tmd fot ti�e�wtri shall not � . . _
<br /> reqvires.'Ihe iaswance caniPr providiag dc�insuras►ce shall be chosen by Boirower snbject to Lcades's�pro ` �. � �� �� ` —
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<br /> - t,� um�o�sbly vri3h�r�. AF��rowea f�s w maintain w��e d�scribe� �bove. I.eades may, at Lcaider's aption.obmin - ---------- - _
<br /> co��ge w pmtxct Y,ea�dPa's ai�hts i�the Propeny�n accardance witb pa�agcaph 7.
<br /> All ins�aance P�c:es sud tenewals shaU be ac�tab:e to Leud4r�d skatl i�clude a standaxd moitga�e cla�are.Lender shall .
<br /> have ihs rig6t w hoId t�a polisi�s a�sl�en4. � U L�der requIIes,B�mwer st�all piron�tiY 8a'e w I.endrs all�eaAts of pa�d .. . ; . . ... •
<br /> ne
<br /> - p i e m i u m s z n�r e n e r r a l aoti�.s.1n the eveat of toss.Ba�roNa shall give prompt aotice m the ia.�uan�cai�i�'r anti Leader.I.eader .. _ ''� __
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<br /> may maYe pmnf of toss if not made pmmptly by Baarnver. ;. -. .
<br /> cead.s shall be ed co re�rion az zegaar of the �;. . • :.�;��=� �;
<br /> UWess Le�der and Barm�vac oth�vi5e agrey m w�idng,in.�nce piu � . .
<br /> pmperty dam�gad,if diz�ation ar raQ2ir is�can9tuitally feas�t��Le,nda's secv�ity is not ie��d.If the restaaation or �,::�;t�„`.
<br /> sh�D i�e lied w the s�ms �. --�„��-;.
<br /> cepair Ls not ocanomically feasible ar I.eadee's seauity would be Iesscaed,the in4urance p� EPP s ms . �sr�,_;;�:r,:_..-z r� �
<br /> W Hoirower.If�aaower abandons dte . �'�::�,`�.
<br /> � seaued by this Secaiity Inst�nmea�, whetha ar aot thra due.with anY ea�c�I� _ :'•� , _:.�—°
<br /> � _•�.�., ;-.�.�...,—
<br /> propeity.or does aot rmswer aridua 30 days a notioce fmm Leades that the insivauce carrier has aff�ed w seute a claim,diea . , ____-
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<br /> I�endcr may wllect the ins�mace proceeds.Leader may use the praceeds w re�air or resmre the Pmpe�ty or tn�say sums s�ed ;,�,
<br />. by this Secanity Ins�s.whethcar or uot theu dae.'Ihe 30-daY Peiiod w�l b�g�wheu the notfiee is given ,`'.;..;,° . _ —_
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<br /> Unless Lender aud Hmmwer othe:wise a�ia wriamg,any applic�an of ptoc�eds to ptinciQal shall nut exteud ar postpone �Y.;�,;:_� � -
<br /> the dus date of the�Y AaY�ts aefe�red to in patag�aphs 1 an@ 2 ar change the amoant af the paymeat9.If unda pafagsp�b =r:. �-.---�:�r•
<br /> 21 Ihe Prapaty is�qu�d bY Ixmder�Boaawer's�ight to any ins�u2nce poticies and piocaeds resnitin8 fcom d�m�g� ' _ --.�.:.�.;-�
<br /> �P�Y P��t�e acquisition s6ari pass tn Leader to tt�extent of dte sums secured by this Secariry dns�unoeut immediatelY ���- " .;��.:
<br /> ;�. piinl tD Qi�._�., icitin� A lic�ti0II3 i.cast�01d.9. ''�� " - -
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<br /> . 6,�t�,�vatbn,Matntenstuce�91?e+otec�n o?We�'m�ert�i B��'s Loan ps aftea the eaecati�n of .> -�...
<br /> Boimwa�ooa�g,es�ablisb,and ase the Fra�Y as Boauwer's p�apal r�dea°e �ce for at least one year aft�i the ,,._ !�
<br /> this S�cuki��Iasu�mmeut and shaU oontinue to oxapy the Pioperty as Borrowds pr�ipal `_��• .—.' ` _ ,, '�
<br /> �ag�cy, unless Ir�drr mtherwise agr�s m writing, which oonse.nt sltall nat Ltc�nabIy withhe1d.aa unkss •,f. _--
<br /> Ir e or impaa me PmPertY, '�::i� .... . �
<br /> � extcaav:�ia���s e�asT whi�ch ate beYaad�uuowds contmL Banowei s6aU aot d�ty,dama8
<br /> allow tYse Propenl► t�dzt�iornie.ar oommis w�on ttte Pmpesty. Bamnw�r shall be in defanit ff any f�feinue acti+un ar `��. � ,.
<br /> prooee�g,whethgr�J ar cxime�H,is 6egan�2 m Lendds gond fa�h jndgtneat cuul�cesalt m f�feiuue of the Prop�sty� �
<br /> '' mhs�vi�materiailY imPair ths li�a�d bY this SecuriiY Insttumeai ar Leader s s�iY�►infec�;t Bormwer may caue sach a
<br /> de�rit��ae�.as provlded ram�ayb 18,bY cau�.g tfa�astian or pmceeding a�ba ditutif�ed�vith a mlmg tkat,im , ... '�, �
<br /> fa�h dete�miaaunn.�3 u�s fa:feimze of tfle Soao�'s int�sest�the�s°�or od►�mate�ial��nt af :.,�`,.,�?' -
<br />. Lez+der'�s�d .n ei -
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<br /> the liea cTeated by this Se�c�iry Iasa�ent az Lx�d�a's seauity mtr�e.st,.Boaower sball al�a��s dcFuiilt 3f Baaowcz. �� ,�;;:•:�
<br /> L'� vide I.sn�with
<br /> loan a��ion process,gave u�atQiaUy false oz mac�.huate infonnasion ar statements to I��(ar faite�i w gro . � ,: r•�,:,�
<br /> ut iint IitIIitEd W� reAiesen ,��;�Y�,:
<br />, . any r�atr:ial infoimar3nn) in caps�on wlih the loan evi�aaed by the Note. iuct„�•^.!� ta�ons '... .-
<br /> oono�Hoxroarer's os�upa�►ofc e�2 Froye�ey ag a p�1���If tmis See�icy►L�nt�e?nt is�an a 1ease�old,�� '`�:�•�°''.��"�=
<br /> sLaI1 o�Yy with aII tha pmvis�or��'i tt�e 1ease.If Haimwcs mc��n3ress fez d.tle w the Prope�,.�e leasetia2d aad t�e ee , --
<br /> �t merge milesv I.eadcs s�a w the mezgar in��di�g. �� ':.
<br /> 7.�rnt�tion ot I.tader's Rlghts in the Fc��. If Ha���ls ra tF��n ifi�oovc�ants an�a,gi�u� m ` _�'
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<br /> tb18� .� !ty jOSWII1CII1.OI thC�C!B 8���''�ID'��m8:►�7.�!�ICCt LR�i1�8 tl$bL91D 1hC P[O�iy►( _--
<br /> pava�t�Suqg.in b�►taaPtcY,pmbate.for condemnati�n or forfe�w�o�enfnr�e Iaws ar re�atti�ons).ttse�I,e�der noay do amj�d��p�a�y� �- '. ,�.°
<br /> ' f�AUmt�r�is aece�Y to protect the vatae of the Property�Ixader's rights in the�Sup�m!-�•S�YV��J llN�lIY�I r 1-4.._!_...�,_'•� :�•, .�;f.
<br /> .: P�S�Y � �d bY a liea w6ich has pri�itS► over this Sec�riry Instrumeat.�8 ia wazt, D�YmB�� - -- _
<br /> � ' •' attomeys' fees and e�ing on the Pnnpesty w maYe repaira Alt2eougb I.ender may take actIon nnder this paca�raph 7.Lender ;:.�.�•."�--� �
<br /> does aot dave w do so. "�,�"•Y'�����:'�.<
<br /> � Anr�amounts disbnrsed by l�endex�this par�aph 7 a5all become aaddidanal debt of Bormwer secared hy this Ssca�itS► . �--�
<br /> Ias�acmomi.L1n2ess Borrowcr and.I.euder agree to o9ha te��paymen�these amou:c�s shall bear inteaest fram the dats df ";:J�;:�::.,.: �
<br /> Ia ac ' -
<br /> disbmsemeat at the Note ratc and s&aU be yayab2e.with intere�.u�n aa�ce from Leades w Bonawer req�8 OaY�� ;�;��.,�`i,:�;, .
<br /> 8.Motfgstg�Im�rna� If Lender reqaired mo:tgage insu�ce as a as��riaau of making the Ioan secu�d by thig Sec�y _.���,,,...�,:,k,,• , ,
<br /> lns�ou►eat,Barmw�r shaU pay th;premiums requaed w maimtain the , e insiunnce in effoct. If�far aay reasan,the � ._ . � '•��';�
<br /> �,
<br /> � morr�rge iasoiance coveiage mq�fred by I.EUder lapses or c�s w he n�Baaa�shall pay the preaniums required cm �._ : � : �:� "�';
<br /> obsa�sovea�ge substa�►datlY eq�i��nt to the martg�ge�c�previa�s3�v:n ef�c�¢.a�a cost substandaUy alaiv�l►ma�nn t2�e �ts�;��s�:-:-.��l�"
<br /> o ��},r .-
<br /> e insurer ved b��"�. � ;a"��,a�; ,
<br /> coy m Bonowea of the mort�e i,,�asur�oe previously in eff�ct.fr���ter�sate ma�e,a8 �° ;. ��,ti`�**�:-�4�-•,�;��.�
<br />, �,�.s sub�tandaIIy equivalent mo�e ifi�umnce ooverqqv is not available,B���' P�Y w Leader eaca��a s�equal t�s ,, , ' , .: . .::;,.��.,.
<br /> . ' on�tarelfth of ihe yearty ma ^+s ansivan�e pte.�ium i�ing paid by Baauva{�r wher�the insaiance oov¢�%�sed c�ceased w . .��-•�;` •.
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<br /> be in effoct.I.�dra will accepC ��e aad c+atain th�e paymer�t�as a t�rss�ave in lie;a of mortgage:.�a^ce.�s zesave i;;i,����';:.. . : . �,
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