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<br /> 3. Rsvard os Pe�peety Ituumnce. Borrotiver shill keep the improvemcats now exi.ting on c�reafter erected un the �' ' ' �''"' `�1'' � �y`:
<br /> .., � .•, . .�-
<br /> Property insured against loss by firc. t�zard� included within the tcrm 'catended coverage" and an} other hazards, including � �•'-'F• �.
<br /> floods or floodittg. for which i.ender rc�quires insurance.This insurance�f�all be maintain�in the amounts snd fitt the peri�ds -! . . • --
<br /> that l.ender reyuires. 1'he in�urance carrier providing th�inwrance shall be chosen hy Borrower tiubj�Yt tu Lender',appm�al � , �Y' ��
<br /> which shall not be unrc�sonably withheld. If Hormwer fails to maineain covrr��e desrribc�d abuve. Lxnder may. at l.ender's � � -
<br /> optiun,abtain coverage to Rrotett Lender's righu in the Property in accorda�:c�tiith paJagraph 7. : . Y� '
<br /> `.1 ..f :
<br /> All insur.snce policies and renewals shall be acceptable to Lender at►d star�l �»:lude a +tarte�ard mortgaFe clause. I..ender . . • _
<br /> ,,.. �
<br /> shall have the right w hold the policies and renewals. If Lender reyuire.+. Bc�rrm�.:t shrAf pmmptly give to l,ender all receiptti of :_ _ _ "
<br /> paid premiusns an�senet�•a!noaces.In the eveni of loss.Barrower shall gi►•e pmmpt c►altce!c�the insuranre rarrier and Lx.nder. �=':'•� �::` ° . .
<br /> �::�;�:�.�_.
<br /> [.ender may make proof of loss if not made promptly by Borrower. T•. -.,s��..�.--:}�T---
<br /> Unless Lender and Sarrower otherwise ngree in writing, insura�v:e pm:�s shsfl b�:a�liod to restoration or repair uf the "�� "```' -_
<br /> ,;.t.��„�lC:`.�S...w �+.�-
<br /> Properiy damaged. if the r'estoration�r repair is economically fe�sibls an�LendcT�a�curit;�i�nat lec�ened. If the resto*atson o! .=_--__'-- _-�y��' -
<br /> -�
<br /> repair is not economically feasible or Lender s securicy would be lessen9d,ttat insurstn:r�Qmo�eeds shall be applied to the sums ���+�-�_.�.:���;_-
<br /> T..:- _
<br /> secumd by this Security Instrumcnt. whether or not then due, with any exc�ss pairF to &mnwer. If Borrower abandons the , , � , . -
<br /> Property.or does not answer within 30 days a notice from L.er�lea th�t tht insarnnt�rarrics ha,s offered to setUe a claim,then ' • ` '
<br />_ Lender may collect the insurance proceeds. Lender may use th� pm�s ta re�air ar t�ture the Praperty or to pay sunas _ _ -`-''�=
<br /> secured by this Security F.nstrument,whether or not then due_The 30-day p�iod will begin�chen the notice is given. �' "�` ;�� =
<br /> Ualess Lender and Bosrower othenvise agr� in writing, any applicstion oF pm,�is to principal shall not extend or
<br /> postRone the due date o€the monthly FzymPnts referred to in parngrnphs ! n�1 2 ar��nge the amount of the paymecits. Yf ' � � ^'�.'��
<br /> under h 31 the Pro is -�.,i-�i b Lender.Borro�ver s d i tn an insumnce olicies and roceads resni from .�f•������'�b•`� �� '
<br /> F�'�� Pe�Y "�'"-�,�''� Y Sb Y P P �B :;1,.�.�.'�. f... .;�. ' •'.
<br /> dama� � , ', ...'" ,
<br /> :�.:,tic'��Pm�erty�rx,r to the�c:,�._,_¢1�I.rass to I.ender rn ttf:.exterrt ef the sums secur�by t�s Security LL.mumeut y�.S,��a�`��.� �i�,� .}S��?:S,
<br /> i�wTi�.:3t:,1�.;flr:.II Gr.�EL:..t,:::si�an �C �.k �����• I,l<•:�� t
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<br /> 6.f���,��.L�-^urr��*��:n�e��F�r±`,�g� `L��L L�+G��r�s;1F�33r1roc��'5 La�atE A��l7i���y I.�..s. �-�;`.•��:;::<,.yb,
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<br /> BOT'CO�i".,°.I SZIi�'i OOCL:TI":.E3?atl:�?_:�.Ct.r�;::.�'*<t r?"�93�:':?. �5 i�i'my:,�%�g�T�:fJ�aa:'f5F.'L°3CC�'i:3i:��ty days:�''�.0 the e:�J�112?I?Oi '.lRt.�:�,���.%+;'_�-.
<br /> this Sec��i�z Ir+stru�.,=nc ar,d s::a:�•��-�.�n�e:a ch.ci,,;v the Prepetay as$ur:awe-'s�^icz:,�a:resiience far a: least one year after . f �'�ti. f<1-`�
<br /> °. ;7;�laar:�:.;__-
<br /> � the date of occupancg•,wntess L��,:r u�;er.ti�se agr,,es in writing.which cons�r.�shat`no:ae�c:�easonably withhetd, or anless � ��-` "-
<br /> , euenuating circvmstances exist w�ich are beyond Barrower's control. Bor.srv�er sl�all not dsstroy, damage or impair the --- --
<br /> _ .:�;..
<br />, Property, allosv the Property to detererats,or rnmmit waste on the Pevpei2y. Bur.nwer sl�aL' be in default if uny forfeiture - _ --
<br /> action or prooeeding,whether civil or criminal, is begun thut in Lender s good faith judgment could result in forfeiture of the - -
<br /> Property or odterwise materially impuir the lien created by this Security Instrument or Lender's security interest. Borrower may _•. •, -
<br /> cure such a default and reinstate.as provided in paragraph 18,by causing the action or procceding to be dismissed with a ruling . �a:;.�;• ';'-_
<br /> that, in Lender's gand faith detemunation, precludcs forfeitum of the Bocrower's interest in the Property or other material � �•� :��
<br /> impaimtent of the lien created by this Security Instrument ur l.ender's �ecurity interest. Barrower shall also 6e in default if -*• � •• • -
<br /> Borrower,during the loan applicatian proce,y,gave matcrially false ar inaccurate information or statemen4s to Lender(or failed ",»� '� ;� `• '_
<br /> to provide Lendcr with uny material informationl in connection with the loan evidenced by the Plote, including,but nnt limited �""'`•
<br /> �. • .
<br /> to,representatians wnceming Borrower's occupan�y uf the Pmperty as a principa!residence.lf this Security Instrument is on a ;��:: :.'
<br /> teasehold, Borrower shall camply with all the provisions of the lease. If Borrower acquires fee title to the Praperty, the '''`�' �•��
<br /> .�,•,r, :
<br /> Ieasehold and the fee titte shall rtot merge unless l.ender agrees to the merger in writin�. `�:���; ��
<br /> 7.Protection ot Lender's Rt�hts ia the Property.If Borrower fails to perform the cavenanu and agreemenu coneained in ��;F
<br /> � this Securit�tnstrument, or there is a legal proceeding that may signifcandy affect Lender's rights in the Properry (such as a '«. " "
<br /> prceeeding in bunlcruptcy.probate,for condemns►tian or forfeiture or to enforce laws or regulations).then l.ender may do and �•'��-
<br /> pny fer whatever is norwsary to protect the value of the Property and Lender's righu in the Property. 3,na�der's actions may " "�'�
<br /> • include paying any sums secun:d by a lien which has prioriry over this Secssr.ty Instrument, appeariag in court, paying � ,'���""'"<���
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<br /> . rea.�onable attomeys'fees and entering on the Property to make repairs.Although H�ader¢r�}•take aaion under this par�h � ' `���;��'�y�;u`r��°-
<br /> 7.Lender does nnt have to do so. .'�'r'�°'���':
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<br /> Any amounts disa�rsed by Lender under this paragraph 7 shall beoar.,e 2Gditiona! drbt of Borrower sec,ured by this . ,�'�;;•" �
<br /> Security [nstrument. Ur�F�s Boixower and L.ender agree to other terms of Q�y.�e::t, these amounts shall lb.:,.=interest from the � �.��%::�'��s�►�+���
<br /> ., ,,.•� �,,''���;'�
<br /> date of disbursement at the Note rate and shalt be payable, with interest, up�:� notice fmrn [xnder tm l�r:rower requesdng ,':,.... .�.r.;��t,n�•:
<br /> �,;, .
<br /> payment. ,• �, •� .. . .. .
<br /> S.blortgage Iasuraate.If Ixsr�r.�required mori�age insorance�s a condition of maSin�ci�e loan secured by this Secarity 't � �'••"'- '-;'�'` -a,
<br /> Instrument, Boaower shall pay the Fremiums required to maintain the mortgage insurance in effect. If, for any reason, the • �i'`'1': '�
<br /> �-�.;.�,-
<br /> mortgage insurance coverage required by Lender lapses or ceases to be in effect.Borrower shall pay the premiums required to .., . •-
<br /> obtain coverage substantially eqnivalent to the mortgage insurance previously in effect,at a cost substantially equivalent to the . .
<br /> cost to Borrawer of the mortgage insurance previously in effect, from an altemate mortgage insurer approved by Lender. If ��_-�^""���'�'�� ���"•�
<br /> substantially equivalent mortgage insurance coverage is not available,Borrower shall pay to Lender each month a sum equal to ����f v4�- ��`
<br /> one-twelfth of the earl mort e insurnnce remium bein aid b Borrower when the insurance covera e la sed or ceased to �"•�`'��
<br /> Y Y &aS P S P Y g P ��_��_ °.'
<br /> be in effect.Lender will accept,use and retriinthese payments as a loss reserve in lieu,of mortgage insurance. Loss reserve ,� �'�°
<br /> � �•
<br /> Form 3028 9190 ��;
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