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<br /> S. 11�rd or Property Imurttnce. Borrower eh�ll kxp the tmprovomcats now e�sting or hereaRer erected an tho
<br /> Proparty imurod�last lo�by firo. luz,ud�included wlth�n th�tnrm"oaka�ded covora�e" �nd uiy othor harudr, includin�
<br /> flooda or floodia�, for which Gx►der require�Inrurance.Tla3�inwrnnce�hall be m�intalaod in tbe anwuata�ed for tha partodi •
<br /> . ' t1u�t Londer requira.�e insunuce catrler providln�the in�uranco�l�all be chosa►by Bcnowar eubjeet to Leader'��ppmv�l -�.
<br /> which�h�ll not ba uareuons6ly wtt}�l�eld. If Borrowor fdb to mRiatair�covenge de�crEbad above, Lendor uaay. at I.sader'e
<br /> ��tIo��o'.;taiu cuvc�aYa to�;o4cc¢Leads�'p d�¢�Iu iiio P.a�,:ty iu r�ccaarlwce witl�para�:�a?.
<br /> .:��.' . Nl taeurance policfea �ad x+caewd� a6�ll be acceptable to Leader wd �II include��hadud uaort�e clw�e. Loader
<br /> ''"" � �" �hal!have the dght to hold the PolIctea�ad reaewtls. If Lender requlses,Borrower sh�ll pmmptly�ive to Y.endor all roceipte of
<br /> :�"" � pald premlum�and renaw�l nodca.Ia tho aveat of loe�,Borrower�hall give pmnipt notice W t�e imuraace carrier aod I.ondor. '
<br /> , - L�ader may m�ke proof of lou if not mute pro�ptly by Borrnwer. ,
<br /> Unlew Leador wd Aorrower othonvieo a�000 in writin�,inaur�aco procoode shall bo appliod to reetoratton or repair of tho
<br /> �, Prop:.rty dama�ad.if t6e restoraHon or reps�ir ie oconGmtcally feaslble apd Leudee's eecueity ie noi lea�ued.If the reitoratioa or
<br /> � c�epair ie not oconomically feasible or Leader'�securlty would be leaswed,the inau�ace proceeda shaU be applled to the sume
<br /> .. � secured by tlri� Security Inohument, whether or not thea due. with any excua paid to Bomower. If Borrower abmdom the °�'_
<br /> , IM�erty� or doa aot ao�wer wIth3n 30 dsy�a notIco from Lcudcr WAt the in�urance curier hno of�'ered to eetQle s claim�thsa
<br /> _ � Lender mny culleat the lnsur�nce proceeale. 'Leader uuy we tho procads to rcpair or rat�re the Property or to pay sum� -
<br /> ' � ��^� �ecural by thi�Securlty In�umeat,a!»thet or not thea due.11io 30-day pedod wili be�in whea the notice i��ivea. �;K-
<br /> �?�: ti.� Unla�I.euder md BarrowGr otherwiw s in writin , a llcarion of roaeedi w rIaci �hall aot oztead or
<br /> 8� 8 WY PP P P P� ��.;;'
<br />�,'��k•.a.�.�8 � poetoono the d��e��te of the monthlY p�ynx�te refemed to in p�sr.�r�h� 1 �nd�c*r c�a��e tho�m�unt af tt�e p�yments. If ` �,..
<br /> '� � �.,, uader P�*+�Y�Ph 2t the Property ie�►cqulrad by Leador,Bormwer'x right to�ny insuranea pali�ir+aad proceedr resulting from �:-`"`
<br /> damago to tho Proptrty pdor to the aequleitIon stull pa:e to I.eader ta the exteat of the m�secu�tl by tl�is Securlty Instn�stlt �;�:.
<br /> , immadiakly prlor to the�cquIdtion. �
<br />�'`�`: ' 6.Or�cuPanc!'.Ptr�r�atlou,MoSntea�noe and Protection o[the Pro __
<br />',.;;:... P�Yi�,rrowa's LoanAppUa�tiun;I.easel�olth. �,ni�.
<br />_,+��s• ,� Bomower rhall occu atabli�L��ad ua tho Pro o�Botrower'� rjnci raidsmce wlthin eix da aRer the execuHon of ,_:�
<br /> `-�`� thie Securlty lnstrumeat md shsU contlnue to occupty the Proposty Bo�r'�principal resideace foir at Iwt one yeu aRe.r `.�-`
<br />-�.�• -
<br />--�,�:- . We date of occupancy� unleas I.c,ader otherwi�e agreea in wridn �wbich conxat�b,aU not be unreawnabl withheld,or unless
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<br />�:�{t�, extsuwtin� circum�t�aca eAu which ere beyond Bon+ower'� oflnh+ol. Borrower s1W1 not datroy� dun�8e os impRir the __
<br />__:E;�;; Properiy. allow the Property W det�riorato,or wmm[t waste on the Property. Borsower�hall be in default if tay forfeiture
<br /> �,,::r;,,� �c Hon or p r o c e e din�,w h e t�n e r civ i l or cr 3.n n i n n l� ie b eguu t h a t 1 m L w der'�g o o d f i i t�j��dgmea t co W d r.�u l t i n fo r fe i t u r e o f t ho
<br /> _= -= rropeit�or aeeiwib�roriaiiy impair tiie iim create,a by thi�Security inatcumcat or Leadet's eecurlty intenst.Homower msy
<br /> -4:'.-�'��';, cure euch R defiwlt and ntavt�te.�u pmvided ia p�n�raph 1S,by caudtn�the action or proceediag W be diimtwed with s culin� -
<br /> .,-^��-m� � in Leader'4 good fiith determin�doa�Precludw forfeltuno 04'the Borrower'a intet�at In the Pteperty or otha m�terl�l
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<br />- ____= impidraxat of the llea croaxed by th�ts 5ecurity Inetcumeat oa Leader'�ea;urity intareat. Borrowor rhaU alw be in default iP
<br /> - - �orrower.durin,�tLe loan ap,plIcation praca�,gavo matedally fdee or iaaccur�ro infar�taon or�tatemcab to I�eridar(Qr finIIlod --
<br /> ---- , ta provide�eader with:ny auteri�l inform�tion)tn comectian with the losa a�33aar,xd by the Note,includia�,but not limited ���--
<br /> — to,ropraenbutions conceroln�Bormwer'e occupsncy of the Property as a principal reaIdeace.If Ihis SecurIty Instrumeat is oa R -
<br /> leaaehold, Baarawer�hall comply with all the pc+ovl�loai af the laue. If Borrower�cquin�a fee Ntle to We Fmpeity� the
<br /> _ - , le�unlwld and tho foe title�hall not merie uoleN I.aader��ce�a to the merger in writing. -
<br /> "- 7.Pk�otatian ol I.eatler's Ri�6b le tLt Pkepa ty.If Bort�wet fiule to perform ihe cova�nts�nd agceemeav contained in a�•..
<br /> , thi�Securtty Iartrumrat�or tLero i�a le�al Qroc�eedin�tlut may eirvificaatly affxt Leader'�d�ht�in tl�e Propert�r(ach a a =.
<br /> _ , pineeedin�ia b�okiuptcy,pmbate,for co�ndemo�don or forfeiture or to eaforee laws or c�e�ulations),thcn Lender m�y do�ad
<br /> ;����!.a pay for whatever ie necea�aiy to pmtoct¢t�o valua of the Property and Leader'�righb tn the Proparty. Leader'� actiaa�may
<br /> include PsYina �ny wtn��ecurod by � liar wLich hu prlority over thi� Securlty Inttiumeat, �PP�n� ��. WY��
<br /> -- , reuonsble attomuy�•fea aad mterin�on tho Y�operly to�ke rep�ir4.Although Leader�y t�1ce action undEr Wi�pern�raph _- -
<br /> 7.l�r doa nat hive to do a. ��?=_�
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<br /> _ My anrauats di:buraed by d�ader under this part�raph 7 �hall become additieoal de6t of Borrawer �ecwred by thie
<br /> - - --- . Socurity Inr�rsrmeat.Unlees Borrower�nd I.ender agree to other tasrn�of paymeat. Wae �unta �hall bear interert from t'he �
<br /> = ' date oP diawr�ea�eut at Ihe Note r�te md�6a11 be payable, with iatomt, upoa aotice fmm IRader to Borro�ver reque�n�
<br /> . paymeat.
<br /> �.M�a�e Jnsuran��e.If Ldnder roquired mortY�go imurance ae a conditian of�king the lan secured by thi�SecurIt3' l:�'
<br /> � Inehwment, Borrower shifl psy the pnmiume required w mdntain the mortgage insur�ace in oPfect. If� for aqy truofl, tho
<br /> --� umrt�go inellr+usce covunge required by i.�a�ler lapua or ca�es to be tn effect,Borroaer�h�ll pay the p:+emium�requirod to _
<br /> ---:_�-� obtain covensgo suhw,utiilly equivdeat to the mortgage fnsureaca pmvIuvaly in offoct,�t a coAt ab�tantially equivdent to the �,_
<br /> . .�=�� eoet W$omower of the mort�o iaeurnace prevIou�ly in effect, from�n altemnte mnrtg�o in�unr appmved by Isack,r. If --
<br /> .°���� �ub�t�ntiall --
<br /> ---;�;T;,ytl Y equivalcnt rmrtgtge iaturnco coven�e i�not aailable,Bonower ehull p�y to I.�aadcr o�ch awnth a wm equd W -- -
<br /> �^{; ono-twelRh of the ycuiy mortgaga insunnce premtum being pdd by Borrower when the tn�urance covenYrr tap�od or ce��al w -
<br /> -_,t;�:;"'' be in oftec�Lcadaa will�ccept,use md retafn the�e paymente�v a lose rcaerve in lIeu af mortgage inruraace. Low naarvo --
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