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<br /> I � 5.H�rd or Pwperty Insuss�aoe. Bormw•rr st�all keap the imp+vve�ciita now ez�sting or h�,n;after erected an the PropertY =
<br /> , � insured qgainst loss by C�rc.lia�ards includod witbin the teim "eac�ndod wvcratgc" end any other ttazards,including floods or +
<br /> flooding.for whkh L.ender roquims insurance.'fhis ins�uance sliall be maint�nod rui the anw�u�ts ond for thc periads that l.endcr =
<br /> �� roquir�s.'Ihe insurcncc carricr pruviding thc iusurancc shall bc choscn by Borrower subject to l�eader's�pproval wAich shall not _
<br /> be unr�nsbly withhckl. Ii Bo�nower fails w maictit�in coverage �kscrit�d atwva, L�cn3c� r�y. at L,cnder's optioa. obta9n
<br /> `,' ci��•ar�a t�pratcci I.ei�dcr's rights in tho Property in accordarscc with paraigript�T. _
<br /> All uuu�ance policics and reisevirals shall bc accc�rable to I.c�tdcr and sh�!1�,c!ttde a standard awr��c clsuse.Lenda stw11
<br /> havc the ry�1�t ta hold the pa�licirs and�er►owals. Ii I�atider roquires,Dcxrow�er sh�ll P�P�Y��ve W L�eadrr all r�ccipis o!,�au9'
<br /> premluma;aad cencwal ac�iias.In the ovvnt of loss,Borrowec s,hall glvo prompt notice to ttfa insw-ance canier t+uud Ic�uler.L�rs;:es
<br /> may make proof of k�.cs if not made prompdy by Sorrowu. _
<br /> Unkss I.c�u3er And Bcumwu othavuise agsne iu writit�g.insuratice procuds slwU be a�liad to rcswnttion or rcpair of tAc
<br />. P�'oPatY damaBod,if the nstnratioa or reQ�ir ic oco+�ornically feasibk and Lersder's socuriry is not lesserbd.If the restnratkx�or
<br />, repair is not ocoiwa►ic�qy feasible or l,ender's s�curity wouW be bsscrud,the insurwnce procoeds shall be applied to the cums
<br /> :� ' sa:ured by thir Securiry t��•�•,"„�t, w6aher or not tben due.witb aay eac�+a pdd ia Barmwer. If Bermwer ab�ndau tho
<br /> Properry.nr doe9 not aaswer wW�in 30 d�ys a aotice from l.et�der th�t tbe ins�uanx carriet Ns otferod w::,u1e�cL�im,tt�en
<br />�' � L.e�1er may colloct the insurancc procoods.l,ender may use Ihe pocoeds W reair or testoro the Property or a pay wms socurod _.
<br /> by thl,s Socuriry Insnurtknt�wt�tlber or not tt�due.7he 30�day period will bcgin wl�tho aotice is givtn. _
<br /> , Ualess Lettider and Barmwsr othawise�groe in writia�.Aay�Qiiation of pc�oce�ds!o principal st�all not ea�t�nd or postpono
<br /> ,, , Iba due dat�e oi t!a ayoathtY PsYmearo rcfesed a in p9rayr�pbs t and 2 or cl�a�e�SO uaouat of tho paym�is.If under parAgrs�h
<br /> ,; 21 tbe Pr�operty is�cyuired by l.e�da. Bomower's night ro any insiu�nce policies�uW proceeds resulting from d�m;ge to tT►e
<br /> t Pto�erty prior to tLe acquicitbn sh�ll pass W Leader to the wcttat of tb�sums sacured by t1�is Sacurity Inst�umem immallattly
<br /> ++" prior to thc acquisitioa.
<br /> 1E 6.Oocapascy,Pr�aervatba.Maioteaaace aad Protectjon of t�e Property; Borrawer'� l.oaa Applicatioa;l.easebo�ds.
<br /> � Bocrower st�all occupy�astablisA.and use tde A�operty s�c Bamower's princiqal resideace withia siaty days after the euecudoa of -
<br />`"�► d�Secur;ty Iastiument and s6a11 conriaue t,o occupy tAo Propaty aa Bore�ower'a priacipal residence for at kast one year afta tbe
<br /> �, dete of occup�ncy� unkss I,ender otbawise s��ees a� wliaag. which 000sent st�ll no1 be onreava�ably wi�htxld, or twkss
<br /> extenuadUg ci�exist wbich are beyoad Bomower'9 coaaol.Borrower chall not deste+ny.damaBe or imvair tbe Pmperty.
<br /> � allow tLe Proprrty to deteriorata. or commit Maste m tlsee prnpc�ty.Borrower shall be in ckfault if�ny forfeiwre actioe or
<br /> � P�'��8.wbeth�civil ot criminal.is begun that in It,adet's�faitb jtid�ne�t couW rcs�lt iA fafeiwre of the Pro�ect37�r
<br /> odserwi�e materially implir tbe liea created by thi9 Security 1nstrLmeAt or La�der's socuriry iatu�st.Bamower may cure�a
<br /> � default� miast�e. aa provided in paragraph 18,by causiag the ac8on a poceediag to be dismissed with a�uling tvat. ia
<br />,a l.erjder's good fsdth ddamia�tion,pc�ecludes farfeiou�e af the Har�oaer's iaiercst ip tGe Property or oiher mataial ja►paimna�t of
<br /> the lim creeted by thi9 Security Inst�uaient or I.end�t's secu�ity i�teses�.Borrowa sl�U also be in default if Bomowa.duria�the
<br />:� ��P���BAvo a�ateri�lty false a inaxarate iaformatlon ar statea�r.nts w Leader(ar fai3ed to provide L,ender with
<br /> — auy m�terial iofaa�stioa) ia coaaocdon witb tho loan evidencod by tbe No1e. iacludiog, bui not limit� w. r�at�tions
<br /> � �rrrl,rninv Airmvuri'A rmmanev nf thes Pnxiertv aa s►nrincinal rt+¢ideaoe.If t�ia Seauitv Instcuo�rl►t ic m a 1rs9rboW.Barroari
<br /> � shaU oomply with�tI tbe�uovisious o[1be kase.if Bntrowcr t�cquirts faa triia W zhe Atopetty.t1�e lea�tl�old su3 thc fee tiile sh�1t
<br /> aoe mage uakss l.encla agrees w the m�rger in wriring. -
<br /> ��� 7.Ft+ot�ectjoa ot i.eoder'i iti�6ta in tLe Property. If Bomo�ftils w paform tbe aoveuants ood�ameais ooatairiod ia
<br /> � this Sa�rity 1a�tnuaau,a thae i�a kgal proceoding that a�y significaody�ect Leader's riYhtc ia tbe Pmpaty (suc@�as a
<br />'� P�8 m�Y.P��.far condemaatiaf or forfe9ttue or W enfotr,e l�vvs or tng�tiona).tben I.eada may do�d pay _
<br /> far w�va is Aocessary to proloct the vatue of tAe Piupaty aad Lrender's rights ia the Property.La�Y's actions asay iocW�de
<br /> -- PoY��ny wms secund Dy a liea which has priarity ov�t this Sa�aity Inswnieat, appeuinC ���.PiY�B �
<br /> ` anora�ys' fas aod cmtaing an tbe Pcopaty to m�lce re�irs.Althou�h I.eatkt may t�e actioo tmder tbi4 p�graph 7,I�eodet
<br /> does not 6ave to cb aa
<br /> � My amonott dis�wroal by Leadet under this p�ph 7 s�U became additional debt of Bamwa secused by this Sawrity
<br /> = • U�s��+* UNess Barowa aad I:eader agrx m othv t�s of paymeat,tLGSe aa�ouats st�all bear intarst Ecom ttre dYe of
<br />'� disbnsa�t at the Noro t�te md s1�a11 be PaYabb.witt�sataest.W�o�a notice imm L�eoder w Btarower ne4��8 PaY�
<br /> '� s.l�ioa�ya�e I�art�ce. 1f La�der roquirod�no�tg�go inauamc�e as a coadition of maYiag the loao socured by this Sacusiiy
<br />;� Inwumeot. Baro�ver sl�all P1Y�P� �iuirod a maic�aia tbe morsg�ge ias�nce in effed. If, for any aasaf, the
<br /> matgs�ge iasuraace wverage ra�uired by I.ea�der 4pses or ceases sa be ia effax.Barower shall PaY�P���� -
<br /> obnin oov�erage sahstantially equivaleiu to tba mortgsge iasuraoce previously b effoct.at a cast sutstantially oquivaleat to sbe -
<br /> cost to Bo�rower of the mortgage inaurance pctieiously in effect, froc� aa altas�ate a�octgage i�urer appmvod by�xArTa. If
<br /> subsnatially equivaieat martgaga iasurAace coverage is not avsutal�le.Ba�mwer shall pay w I�ender each moptl�a sum c�ual to
<br /> ooe-twe7fUe of tbe Y�Y��8A8e inwraoce permium beiog paid by Bomowu whai tbe icwuance covp�ge l�p�ed or ceasad w -
<br /> be in effoct I.wder will accepr. use and raain tLese paymeats as a bss mserve ia tieu of mongaYe i�ce.Loss reserve _
<br /> � Eotw 30�0190 _
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