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<br /> - --- 3. ypa�rd or property Inrter�tc�e. Borrower si»!! keep the imn�ovementa now exicting or hereaft�r erocted an tf�e
<br /> Propeny inwral u�ai�t lo�u by f m,Iw�rds includcd within the tcm� "extended covcrago" wW any other hnwrds� Includin�
<br /> ilaxls or floading, fvr whiCh Lcnder teyuircs incurance.Thia i��surcu►ca shatl be maintainod in thc amountc rand for the period�
<br /> Uwt t,.��xle� reyuire�. The inburoncc c�rricr providing the ineur•rn�c J�nll be choscn by Rorcowcr subject to L,�nder's apprav�l
<br /> -. which �liall iwt tx:unre�sonnbly withhcld. If HuRUwer fuils tu muintuin coversige describud above, Lencler muy, et Lender's
<br /> c�iun,obwin�wvcraQc to prM�xt L.cnJer's rights in d�e Property in accordance with por�graph 7.
<br /> • All inwr+uxx pvlicirx auxl rencwuls sht►il bc ur.ceptablc tv Le�xler and ghall include a stundard murtgage clauce. Lerder
<br /> �`� � siwlt have tNe�ight to hold the poliaies and renewals. [f l.cnder ra�u�rea. Bornower slwll promptly give�o I,,,eixier all ruceiptx of -
<br />— pais!prrsitiuttts eted restewa!notices. In the event of Ioss.Bort�wer Ritall givt prornpt notice to the incttrnnce carrier w�d Lender. -
<br /> - L,e+t�ler muy tnuke proof of loss if not mucie promptly by Rorrower.
<br /> Unless Lende�ark!Borrower othenvisc agree in wr�ting, inwraiue procccds r�hall be upplial ro restoration or repair of the
<br /> Property dwnwgod. if the restoration or repair is ecarwmically feacible and[.ender's security is not lessened. If tlu restoratan or
<br /> repair ia not ecawmically feasible or Lc�xler's sexurlty would be lessened,che in�urunce proceeds shell be upplied to the sumc
<br /> ` -�. sccured by thia Security (nstrument. whethcr or nut thcn due. with any eacess paid tp Bormwer. tf&�rruwer ul�uxluna the
<br /> Property,or dacs not answcr within 3Q days a notice frum Lender that thc insurance carrier hus offered to sctde u claim,then
<br /> _ Leoder may collect the insur.u�ce proceeda. l.f:nder may use tlx proc�s to repui� or restare the Propeny or to pay +wmc
<br /> eecured by thls Security Instrument,whethcr or not then duc.The 30-day period will begin when thc notice is given.
<br /> Unless Lender a�ul Burrower othenvise Agree in wriGng. any applicaaon of proceods to principal shall not extend or
<br /> powpone the duc d�te of the raonthly payments referrcd to in pu�grdphs 1 and 2 or change the amaunt of the payments. If
<br /> __ _ _ under p�aggraph 21 the Nroperty is acquireet by I..ender, Bprcower's right to any insu��ce policies und proceeds resulting from
<br /> dumage w the Property prior to thc s�cquisidon sltall pass to Lender to the extent of tfte sums secured by this Security It�ctrument
<br /> ti=�� - inuneciiotety prior ca tlie acquisirion.
<br /> " _ - 6.Qc�ftsn�r,A�rMatloa.M8I!!t!!!H!!Ce RRd Pl�ntw�tion nF the PmpetiV;limrower'R I.oan Applf�tiun: Le�cebolde.
<br /> Borrower shtill occupy,e�tublish,and ui;ee the Property sis Borcower's principal residence within sixty days after thE exaution of
<br /> � thia Security Instrument r�nnd shull continuc to occupy the Aroperry s�s Borrower's princi�wl residence fur at leust ane yesu ufter
<br /> —� the date of occupancy,unless Lender othcrwise agrees in writing,which rnnsent aholl nat be unteasonably withheld.or unless
<br /> � extenuAting circumste�u:es euist which are beyond &�crower'x control. Borrower shsill nut destroy, damege or impair the
<br /> - Property, ullow the Property to deteriors�te, or commit waste on thc Property, Borrower shall be in defuult if any focfeiture
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<br /> .. uction or prcxeeding, whetlter civil or crimitwl. is begun thut in Lender's good faith judgment could result in forfeiture uf the
<br /> -"" Property or otherwise materially impair the lien created by this Security Instrumcnt or Lcnder's security interest. Horrower ms►y
<br /> "- - cure such a defuult suid�einstate,�x providal in purugraph I S, by causing the action or praceoding to be dismfcsud with a ruling
<br /> • ' ' � thut, in Lender's good faith determinstion. precludes forfeiture of thc Borrower's interest in the Property or othcr material
<br /> .�. "'� impaimient of the lien cr�ted by dtis Security Instrument or Lender's security interest. Borruwer +hull ulsu be in defauit if
<br /> �.. � Borrower,during the loan applicntion pruce�.,,gAVe materially fulse or inuccurate inforniatiun ur s�utements to Lender Ior failed
<br /> � �;,��� � to pruvide Lender with any materiul informution)in conncctiun with thc loan evidena.�!by the Note, including. but nw limited
<br /> A�- ,`�-�,��=° �•�7: w, representations:concerning Borrower's occupancy of the Propeny u,u principul residence. If this Security Instrument is on�
<br /> �;a:,���;;,� Icusehold, Borrower sltull cumply witl� ull the pruvihions uf d�e leuse. If Borruwer ucquires fee title to the Propeny, the
<br /> �`- ,��,;,�o►,�...:�a' lesuehuld and the fe�tiHe shull not mcrgc unlcss Lendcr agrc�s tu the nxrgcr in writing.
<br /> • �x-�;• �- - 7. Protectlon of Lewler's Itights in thc Property.If Borrower fails w pe�form thc covenantr;und ugrcx:menth conwined in
<br /> ."� ��. this Security Instrument, or there is a legul pra:cedin� thut may signiticuntly afte�:t Lemier'4 rightn in the Property lsuclt�a
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<br /> ". prc�cecding in bankruptcy,probute, fur c�mJemnution��r ti��fciture c�r�u enfi�rcc luws or regulutions), then Lender nwy do nnd
<br /> •t " ---�''�� for whatever ix ne�:essa to rotect thc vuluc uf thc Pn� n �nJ LcnJcr's ri htc, in thc Pra Lcnder's actions ma
<br /> PaY rY P Sk Y ' 8 P�'�Y• Y
<br /> � � ''�'`';'�•�`'d�• iixludc a �n an sumb x�ur��l b r licn which hus nurit uver this Sccurit Instrumcnt, u urin in court, payin
<br /> � p-. •.. P Y� B ' Y Y ' P� Y Y PP� !1 8 _
<br /> � •��.�•,:,:... rexsonuble utturneys' fce+:uid entering un the Prupurry w muke repuin. Although l.ender muy wke u�:tian unJer this ParagraPh
<br />, �;.' r 7.L,ender dces nut have to du so.
<br /> �"' •:�-�+ ` . My t�muun�+disbursed by Lcnder unJcr thi�; pur.�graph 1 tihull be�:umc ,Kldition�l Jebt ��f Burrower sc�;ured by thia
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<br /> � ��wtr�:,:..��•. ;, s Security Instrument. Unle�Borrowcr:uiJ LcnJer agrec ai oth.:r terms uf paym.:nt.�licx anwunts shull bc:ar interest from the
<br /> :"��° ,�'„♦._ dute uf di�bursement ut the Nute rsne wki xhull b�: puyable. with itxerc�t, upun nuticc Fr��m LenJer ro Borrower reyuc�ting
<br />�' - �'...." - -- , paymcnt.
<br />'°�__ '� $. M1furt$uge Inburonce. If Lender reyuired mungugc in�urrnce•r.,a conJitiun ul'mul:ing thc lu:m setiure�i by this Security
<br />� ' � • ,,���"��'� Inatrument. Borrower shull pay thc premiums rcyuir��l tu muinwin thc munga�c insurance in cfrctit. ff, for uny reasc�n, the
<br /> � murtgugc insur.uicc cuver�ge n�yuirc.�J by LcnJe�lupx,ur ccusc:+tu be in cffix�, &�rruwcr+hull pay thc premiums reyuircd to
<br /> • ^^}� ,� obtuin coverage wub�tantially equivulent to the murtgugc insuran�r p�eviously in �ff'ect. Jl 8 l'OS[ .ubstsuuiully eyuivalent tu the
<br /> •` , ,��-� •- cust tu Borrower uf the munguge intiur:u�ce previously in efi'ect. fr�nu :u�altcrnutc nwrtKugc insurer appruved by Lender. If
<br /> " `V':- subatm�tiully��yuivnlent mortguge innurance�;uvcragr is nut avuiluble.&xn�wer�hull puy U� Lender cach nwnth a sum eyuul to _
<br /> ., une-twdith��f the yeurly murt�ugc in.u�anc�premium iking puiJ by &�rrower whcn Ih�inaurance�vvcragn lupsed or ceuse�l to
<br /> °, be in effect. I.enJer will accept,usr.and retuin these puyments•r� •r luss re,crve in licu ��t' nwrt�agc insur:uke. Lu�s rcx:rve -
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