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<br /> . • • ' IaY�EDlS IIUW C�S�A� OI hCI�Ei CI�CtEd OII t11£ . '" �`-
<br /> �, `` � � . . ' - S.�Hazard or PropPatY Ias�nranse. Boimwer shaII k�P � �P�coveiage'and aay other haTards.ins2aQin8 . �. :'
<br /> -_ - -, �� ` �9�a�lo�s by fire,ba�a�ls iuctnded��SUTdIICC SttSII Ue 1E�3inffiiil�d in ihe 8m09tNs 8E��!hC�etiOds --=_---� �c
<br /> _ _ ,t -'``':�- floods or 8an�ng,for which Lead����svalt 6e chosen by Boaower sabjecx to Ixnder's aPPlovsl� - ai =-"._
<br /> � that Lender�quiies-'Q�insuianoe Provi ::` :� :Y... .;
<br /> _. , , �".:� If Bonower fa�s w maintain caverage descdbed above.ixnder maq•���sA� .
<br /> wBirh shall nQt be�so�IY wieLheld. � 7. � �.
<br /> . .. . option,abtaia cm�eta8e to Pmt�t I.ender's rights in tlre Pmpertp in accoidance P��Ph �. i.eusler ' _ :
<br /> � All insaranoe pol�aes sud reaewals s1�a11 be ascePt��to L�en�r and sLall inciude a standard mortBaSe � _ , i
<br /> - � �:� If l�der ie4�•Boaower shall promptly 8Ne to iender sU ceceiPts of� • �*� ..�L.�.
<br /> : shaU have the rIght to ho2d the policses acc�renewaTs. t notice w the ins�cance rauier aiW L,ender•� .,; ,.
<br /> � . ` P�P������.In the eveni of loss.Bonower shall give PrumP . , . _ .
<br /> -, ° _ 1,ender may ma�e pmof of 20�if not made pmmPilY bY Boaower. , .
<br /> 8 ��,�proceeds sball be applied to mstoiatioa or cepaur of the�
<br /> ��`�� ' Unless I.�ader and Bouower othetwise Sree is nnt lessened.If the�estaration ar(� -- - -�
<br /> ° �s eoonomicallY f�s'bte and I.eader's sec�it9
<br /> �'--~--- - damaged,if the reswrauoa or r�air' � � ��"_=--
<br /> ." �_ �'0P�9' • would be tesseual,tbe insntance Pmcceds be lied to she saWs , �`
<br /> rrpair is nnt economicaIlY feas�'ble or Lendet s se�sicq � ���o Borrower. ff Boaower abau�ns dte .
<br /> _ � secv�ed by this Serutit9 Ins��+��or not then das. �►Y n,nce ca�ec has offr.�ed to seWe S claim.t�e� '.. : . . . ..` �,
<br /> � ar does nflt answer within 30 days a notice fmm Lender that t3�e inso- a � .
<br /> er oI w pay s�s
<br /> ��s OI I�SfOIC t11C�9 4; '
<br /> . - � j,tgp��y CO�ECt f�IC 1riSIII8Di'�� i IDS USC t�IC ��T -
<br /> r - II � IIflO? L f11CII�UE.�1B 3�8y p ��C W1n�C�L W�IeII�IC II01�13$IV�. �� -
<br /> .. ' : S��tbL9$�[y�' �OII Of pIO�t0 pt�IIClp�S�1 IIOt Cli� A
<br /> • � V�eSS�2t�BOSOWCi Ot11CiWISB 3gIC2 III Wnd11$• �9 � � ..r '_-
<br /> � of the montlil s�efeued w in patagrdphs 1 and 2 or cltange the amoumt of the paymen�-If
<br /> , . postpone the dne date � � y�by�����wer's zight w anq iasviance policies and pmceeds te�1t��� ;;'.���`_
<br /> this Secaacy I�o�� �;:_' : . :
<br /> . under Pa�Sra�1�21 the P�Y �pass to Lend�to the extent of the snms s�by = .�."'t:: •_�.�_,
<br /> damage to the PmPertp ps�:w tb$acqu�suon .. _—_
<br /> • , � . �` immediatetY Pnor to�e acqaisIuon. ��D of the Ymge�ty+Bormwer'e I.oan ApPticatio�u�3ds,� `•�•. �,�
<br />_ '" . • 6,pccapant9,Prese�rv�ion,Maiateaan°e �sidensx.wi�ia snu9 daYs after d�e exec�ttion o� :r . ;r,_ -
<br /> `<� e�blisL,and use tl�e PsopertY as Boaower's� � --_-
<br /> ;F�. • . • Baaower shaII occapy, �shall contimie w accapp the PmPertY as Bosoav�r's Psln�pai c�for at teast one yeaz aRer � . . --
<br /> - , s': t6is S�t9 I�su�� otheiwise agnees in WAung�which oo�sent st�ail nnt be�neasonably wirhbeld,or unte��i •''="-
<br />_ �.. - ---- t�e dafe caf o�cca�am.9.unless I.ender �' eS - .. -'�:.�
<br /> Boaowe�s can�oL Bomnwa sbaU not destroY• da�� °I � d�
<br /> � � �pnces eaist wbich are beyond Boaower sha�l be in dsfanit if aay for�eito�e� F.�.�
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<br /> 4 •- .. � . '•Y}-., �p�,aIInw the Piapert9 t°deten°Tate*or oommit waste an t3�Pmperty. ��in fo�'eit�ue of the - . .� ���'."
<br /> � �D�p��ng,�her civtl or ctiminal,is begaa tHat ia Lender's good faith jadgment .:.,�'. .�.-:
<br /> �`: . . e materiaA imPau the lien created b➢�is S�aiy'Instcameni or Lender's se�irq�-'�s�Bormwer may . �.:, . ,�.;.,;
<br /> . ;.�: , pmPe�tS►oI otheYa�is Y the action or pmceedin8 W be dismi�sed wit�a ' .� _��-__:
<br /> . . care sacTi a defanit and r�insrate,as grovided in paragraph i8,bY o�in8 orrower's inierest i+�t&e Prope�Y os other mate�ai '-'�'�`:
<br /> �� �� tLat� ia Lender's good faidi detrm�ma+*on, p�s1�f��� , Borrower sl►aIl also be ia defaaIt if - ���_
<br /> tlus 3ewritY I��or Is�der s se�auitY mt�sl. .;.----
<br /> , - ` - impairment of the liea ct�eated bY ��y false or inacc�te inf�ation or statemeats to Leuder(oi fa�d - �-���_
<br /> ' Boaower,d�uinS the loaa applicauon pmcess,gave b the Note,inrd��g.i�ut not limited • ��y
<br /> mateoal infom�ation)iaR oom�ection wifli the loan evidenced Y ` Y �
<br /> � . � , to pmvic�Lender with any of the ProP�rt9 a�a P�n�P�1�dence.If this Sec�it9 Ins�ume�is on a .r�.�;:, ��;.�•.=_
<br /> • • . � r�dons wncemia8 Bormwer's ocwpanc9 fee tifle w tl�PmPert9+ die .. : �
<br /> � � ' 2easeho3d, Hoaower shaU �omP1Y wtth all tbe pmvi�ong of tI�lease. If Borrower acq�es '•..:,�-�.
<br /> . leasebnld a�d tfle fee titte sbail not merge anless Lender ag�es w ti�e merger in writing. ', _•
<br /> ,.`` 7.Prai�tion of Lendes's Itfghts in the Pc�p�9.If Borrower fa�s to Pe�fOffi the cove�ants and���� , ':�_
<br /> erfo �,��
<br /> t � is a t mceediag that may significantlY a�Ct Lender's rigbts ia the PiopertY ( �s a :�..-
<br /> �� - .----....._ `: :. or�ere �P _ ..,
<br /> . this Secatity Ia�m�en�+ ' ,-•,7 .,
<br /> pmcceding ia banlunPu9,Pmbate,for condemnation or forfeitare or to enfmse laws or tegnlatioav).tben L eader maY dn affi : �z:.
<br /> � mtect the valne of the Piropert�►and Lender's rights in the PtopertY. Lender's ac,rioas maY ` '��' ;���
<br /> � pay for w h atever is n e o e.s g a r�r t o P ia c o w n. P a 9� ... `':�'�-_
<br /> � � .. . . . ,. inclnde paying any sams secared b9 a lien wI�ch has prio�ity aver t1�is Security 1mst�ument. aPP�B ,;�,.;==.T
<br /> 'fces and ente�inS on ihe ProPertY w make iePairs.AithouSh Lender may take aaion nnder tl�s ParaS�aPh .vr,;. _:_�_
<br /> . . nasonable attomeys s�
<br /> � 7.Lender does not have w do sfl. ��'-�-*-_
<br /> ��•.� � AIIy amoants disbassed by Lender unde:c�es paragraph 9 sl�aall become additional debt.of Boaawer se�aued bY t�s ' • _-.
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<br /> �- ����� . Sew�t9��Unless Boirower and 1.endet agree W other te�s of paytnent,these amounffi sba]1 bear interesc fmm the _
<br /> , date of disbursement at the Note rate and shall be payable, wish interest. nPon notioe from Lender w Boimwer reqae�8 .. "-�_.
<br /> .',.- . •;_,.�.��
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<br /> . , Pa��qo��I�nce.If I.ender required rsottgage insoiance as a com�:*tion of ma�ung the loan se�auefl by this Seauity _ .
<br /> . Iaso�ument.Borrower shaU PaY the Premimns ce�'�.zred w•,,a'"rain�e mo�tgage insatance ia effect. If, fo:suSr re�on.the -
<br /> to � :
<br /> ' mortgage insurance coverage requlred by Lender lapses or ceases to be in effeet,Bmrower sball paI►�DI���� ;,,:� : `'{,
<br /> � : � . obtaia covera8e substantiallY equ��►alent m the mortgage insurance PrevlonslY ia effect.at a cost su6staadallY eqaiv . ,;y,`r::,
<br /> e insaner aPPrm�bY Lender. If ;�;�:`
<br /> i cost to Borrower of tLe mortg�ge iasorance Bn�vit,nslY in effett. fram an altemate mortgag
<br /> .�t� � subsrantiallY eqnivalent mortgage insuiance co�e�"'�;=is ant availab2e,Bmmwer shall pay to I.ender each monsh a�sum�ed w - � . � .
<br />-- � one-twelfth of the yearly mortgage insoiance Pr�em being Paid by Bosrower when the iasa=ance cwer�3e laD :
<br /> �� T , . be in effect.Lender will accept.use and retain these payments as a toss resenre in liea of mortgage insvh►nce. Los9 teseive • •
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<br /> . . , form 8028 9190 .
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