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<br /> 1 , • S.Ha�rd or ProptMy iaaurw�ce. Bcurowet xl�U ictk.p tha improvc,�nraics now cxiclit�g on c�tcaftcr ctcetcd on tho Prqxrty
<br /> - �iruured ag�last Loss by ru0. hazard9 incluciccf within thc tcrm "cxtcnded wvcraYc" and a��y other ha�rds,inctuding iloocfs or
<br /> fioodin�,for which l.cnd�.r rc�uincs iruuruticc.7t►ic inwuanc:c sha3l be mainta3nad in tha�wunts an�i for�ha par�Ods that 1.crWer
<br /> � roq�ires.The insurancc carrior providing tho insurancc s1utU be choscn by Borrowu subJect to Lender's approval wh;ch shall not
<br />– 6c unrcasonaWy withtiei�. lF Borrowcr faits co mainuiin covcrago dcscribc:f abovc, I.usdex may,ai Lender'9 O}'�itOl. obtain
<br /> � wvus�c to protect Lendcr's tightc in thC Pmperty in siccordancc with paragtaph 7.
<br /> ; All insuranee policies and renewals st�a�l be acceptabla to l.usder and st�all inciude a standard mortgaga clause.Lenckr shall
<br /> + have ti�e right ta hold the policies and renewals. If Lender requires,Borcow�er shall promptly give w Leiuler all receiptc of paid
<br />- praaiums and renewal ootiees.In the event of bss.Borrower chall�ive prowpt notice to the insuranec c�rier and Lender.Lend�r
<br /> raay ttsaice pcoof of bss if not made P�P�Y bY BaTOwer.
<br /> Unless Leadei and Borrower otherwise agree in writing.ins�uace gcoco�3s ahaSl be appLed w ms:orati.�a or at�a::of the
<br /> �Y�6�if 49e restocation ot srepair is ecoaoc�ic�:jy f�sibk o�Lc�rr's securiry Is not ksstned.IIf t1�rr.star�a�n or
<br /> tr,�ait �s oat eco��c�'3Y feas�le or Lettdu's set�p w�u:i b�tess�aed,u`..° insivatxe pmc�a sbu�il ba appli�l an tls�s�vn.
<br /> '� soc��y a4i9 Secusity Iastrumeac. whethu a a�o t�ses dar. witb any eaccess ptid ta Borrawrr. If BarroW�cr�>ns tt�.
<br />--� PteQrrty.�r tIo�noi aaswer witLtin h.days a oc�tix f�vttr i�^a-�u that tlse insurance c�rrsrr has oFfera�w settle a cLaim,then
<br />^,� l.eu3rs s�y coi3ecti thc ic�rac�ce�s.I.ender a�y use the procxds w repair or restore the Prope:ty or to{►ay siuns socured
<br /> � by tni^,Seturity Inswmutt,whetP�vr not then due.'Ibe 30-day peliod will begin wtseA the aotice is given.
<br /> � Uak.xs Lender and Botrower atiferwise agree ia writla8,aaY applic�tiot�of P�oc�o�ls W P�P�shall not eactauf or posqaone
<br /> the a�e aate or the a�oathlr pam�ents,rfared w ia parqgraphs 1 ana 2 ar chsnga td�amoant of the wymaus.If unaa p�ra�rapb
<br /> � 21 Q,e Propeny i��uired by La�i,Barowar's righe to aay ia�ur�nce poiicies aad pmceals raultin�fran danuge a We
<br /> ; Property prior to the srcquisition shall pass to I.aidet to the extau of IAe wms socured by this S�curity Insuumcat urunedl�tely
<br /> priar to thc Acquisitbn.
<br /> 6.Oocupaacy�Praervauo�a.Maisteaxoce wd Protectbo of tMt Property: Borrovrer•� l.oaa Applic�tba:Lwaebold�.
<br /> Borrower s1Wl occupy�est�bLs1,.ana use the Propercy ag soaower'c pri�cip�l sesldence withln sixty aays aitr��he exoca,don or
<br /> = thi�Security Insaument�nd shall contiaue a occupy tGe ProQuty u 8omower's p�incipal reside,ace for at{ast oae ytar ai�er the
<br /> dtk of occt�acy� unkss L�euder otberwi�e aat+e�a in writL�. which contau�4�t11 aot ba uaratonably w'stht�e3d�ot uaks�
<br /> eactmu�clrcumstanoes eziu whlch ue beyaad Borrowa'c contrd.Borrowa shW not dewoy.d�maYe or imp�ir tbe Prapaty,
<br /> albw tLe Ptoperry bo dezaior�te. or comtalt wsste on tha Pcopaty. Barower adall be in defauL if any fotfaWre�etioa a
<br /> pmceediet�.wfieWer dvil or cxinsin�l.is begna that in Lenda's good fiitb judgrneat couW tesWt ia fo�feiwre of the Propetty ot
<br /> othawiu m�teriallY imPair the liw cre.atod by Wis Sccurity lasuumau or l�mda'a seca�riry intarst.Borroaa may cure axh a
<br /> defiW!aad reinsque. a9 providad ia paragropti 18.by causiag the actioo or prooeeding to be dismissad witb a ruliag th�t, in
<br /> I.eader'a good faim dda�minatloa,p'ulixlea fMeiture of tHe Borrowes's iat�resi ia tho Propaty or ottxr anteti�l impiirmmt o[
<br />— tLe liea crr�ted by this Security InsWment a I.r,nder's s�ecurity int�.Barowrf aLall atso be 9n defsult if Borrowu,d�uina the
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<br /> OOOpQntpg BOfTOWCi�S OCCO�iIICy Of tbE PIO�Ctt,Y aS a pilllClpO�lCSldCiiflC.If t�1LS$OCW1�J►I{�UalCLI 14 Ot181C89�f01d,BOIfOWQ
<br /> sb�lt comply witb all tLe pcovisioac of the lessG If Bort+nwer acquires fce 6de to tbe Propaty.the le�ehold�od the fa title sasll
<br /> not merge unkss I.eader stg�ees to tlse metger in writing.
<br /> 7.Protectioa ot l.eader's Ri�LL�io tbe PropertJ. If Baauwa ftils w perform tbe eovrnants oad sigrxmeots a�oot�ued in
<br /> thi,s S��risy Ipsm+mau. ar tbece i�a kgal proceaWg tLat u�y sigai5caotly a�`foa Ie�r's right:ia tbe ProQerty(s�as a
<br /> proceediog ia b�nia�ocy,Prol�att.for coademaatioa or forfeiwr�e or to eafocoe Laxs or ir.gut�tions),tbea I.eader may da�ad paY
<br /> for wh�vet is aec�ssary to p�nf�ect tbe value of the Pc+�perty and Leader's righn in tlte A�operty.Lenda's actioos u�y iaclude
<br /> P�Y�aay wuns sxured by a liea which das priority over this Securiry Ynsuurtxn� app�rin8 b �. PaY�B�le
<br /> attora��y' fas and enwing on the Propaty w mai�e repai�s.Alc�ough LaKler may taice xtion undr�thi9 para�raple 7.I.eader
<br /> dxt not 6ave t�do ao. � . . . . .
<br /> My ama�at�disbu�sed by I.esWeJ�uufer this poragr�p�a 7 s�all becane additlon�l debt ot Borrowc axurod by thi�Security
<br /> Instrumait Ua�Barowu aad Le�drs a�ee�cr otbar teims of poycie�u.tbese amo�u�ts shall 6wr interest fraa tbe date of
<br /> aisixusaaa�t at tne x«e rat�aea sl�u be p�yable�wiih inZar�,upou ao�ce fran Leuder ro somowa nwuesti��paymeat-
<br /> i.Mort�sse Iawra�ca If I.e�ler roquired matgage ins.srance as�000ditioa of m�kin�tLe b�a secuned by this Security
<br /> Iawument.Bamara shall pay the pr�emivau raquired to c:siai�ia tbe mortgage insutance in effoct. If,for any navoa,the
<br /> _ mat�a�e inwraace covenge required by Lendrr lapses or aases w be ia effoct,Borrower shalt PaY tbe Preaaiums raluired w
<br /> obnia covua�e Q�� f9^-��"y eyuivaleat W the mortg�ge inwrance p�sly in effoct.at a cost substanh�ny equivaleat w the
<br />— cost to Bamwer of the nwrtgage insurance p�viousiy iA effoct,fran aa atcrinate awrtgage iasuru approved by Lender. If
<br />— �,�,a•�^��ny equiv�ietu mortgage insurence covetr�e is uot av�ilabk,Battower shaU pay w L�der eacb nwnth a s�equal to
<br />- awtvvelftb of tbe Y�'�SaB��P���►8 P�by Barrowa whai the insurance covetqge l�ed a ceased W
<br />— be io effect I.eades will accept, use and �taia tlxse pnyments a9 a loss reserve in lieu of�e iasurance. I.oss reswe
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