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<br />� � RE R�CORi�tu �!° �Et�QD��D �� ivuv�=* ----_,--=T
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<br /> S.Ha7a�d ox Property Insuranca Barrowea shall�eep the i�nprov�uts now eaislfng or heaeaftea aected on the Property E
<br /> - insnred against loss by fue,hazards include�within tne term "eateaded caverage" and any ather harards. inclading floods or ! :.� }
<br /> tlooding,far which L.ender requires insurance.This insurauce shall be maintaitced in the amounu and for the periods that L.endc� �
<br /> requaes.'Ibe insurance camer providing the insurance stiall be chosen by Borr�wa subject to I.endec's approval which shall not . , .
<br /> be unreasonably witbheld. If Borrower faiis to main� coverage desrn'i�ed above. Leader may. at L�ader's opii�n, abrain : - .--- - . . � i, s°,
<br /> covaage t�protect Lender's rights in the Property in acxmrdance wit6 p�agraph 7. E , , • ,
<br /> Atl insutance policies and renewalv shall be acceptable tn Lendea and shall include a standard mortgage clause.Lender shall . _ .
<br /> have the right[o hold the poticies and renewals.If Lender requ'ues,Borrower shall prompdy gn+e w Lender all receipts of paid .
<br /> ' �.�..iu.*�s 3nd r�ewal notices.In the event of loss,Borrocver shall give prompt notice to the insviance canier and Lendea.[.ender .' - _
<br /> may make pmaf of loss if not mad�promptly by Bonower. •
<br />.: iFuiess L.euder and Bonow�oticerarise aaree m writing,insurance pmceeds shall be applied ro restosa�on or repair of the ..
<br /> pr�ty damaged,if the restgr�n or repair is economicallY feanble and I.end�'s seauity is not lassened. I�the nsroiarion or ,.� ., . . .
<br /> repair is not economis�a]]ly f�ls ar I.ender's sec�rity wontd b�lessaied,tke ins�uance psoceeds shall be applied ro the sums . .'"'"
<br /> secaued by this SecQrity Insawnen4 whethes ar not then due, witb any excess paid to Boaower. If Borrowet abandons the -:'-�^
<br /> y Prcnerty,o•does noi answea n�in 30 days a aorice from Leuder that We�su�aYUe carrier has offered w seale a claim,then ` . .` °�.'!."�`�
<br /> , �.�.�...:
<br /> Lemler may..ol�ect the insur^��roc,cetls.Lendra may use the proceeds to iepaff or restore tha PropeaCy or to pay svms seaued .,�: • __. . .
<br /> � by this Secasit}r Instrument,N-��or aot theu due.'ILe 30-day period wi11 begin when the notice is given .�°�'`. , .'_ • '�.�
<br /> � Unless Le�der and Boirow�otheawise agree in writm8,anY aPPlicat��f pmceeds to principai shaU not exten3 ar postpone ` . . +k�'"`
<br /> '':� the dne date of thz monthly paymeats referred to in paragrap�c 1 and 2 us�ge the amount of the p._}-�e�ts.If undca patagraph .., ..;__ " . . :: -.-_:
<br /> . `i 21 ihe Proper�,� ��nined by Lendea, Borrower's rig6t to any insmrance policies and proceeds res��ng from damage ta the �.'-�",�=;�;`
<br /> ire � ';:�: ..�.
<br /> ..� in_�meni lAllriEt�]2fE1 .. � _
<br /> �P�Y P�or u��he asquisi�on st�all paSS w Lendea tn the ea�tent of the s�uns secured by this Sec�rity Y
<br /> pruar w ohe�ni.�:^ann. �.,�Y.:�_~�,
<br /> . lf �,a..�..
<br /> ����1 �,��:.�y,Preservation,Mainteaance and Prote�on of t6e Property, Borr�w�'s iaan Application;I.easeHolds. . � — _
<br />,:�t;3
<br />� ;rc,.� B a a o w e r s h a 3 a�c c u P Y,e s t a b t i s 6,a n d a s e t h e Pm p e rt y as Borrow�'s p ri n c i pal residence within s�ay days�dce execation of �, , -ie� --.
<br /> ...:� t�s Secarity TR�,�„t and shalt continue to acr,�py the Propeaty as Bomnwer's principal residea�ce fcr at least one year aftea the , ;��:�4,v„•,.
<br /> � c�te of a�cupancy, unless Ir�ea ottteawise agrec�s in wa�ng, which conse,nt shall not be unreasonably wit�:.'d.or unless • ;:;" '' 1,'�;s�; •�-1'_J
<br /> gre�
<br /> _ e�tenw�ting circAmstances ex�st wbich are beyond Boreow�'s rontral.Bam�wex s6all r.c;dastroy,�e�r���r Praperty, ��:'��". . ��,�,.:_•F�; _:��::
<br /> ; a12�w the Property oo dctrai�ar�,or commit wacte on tha P�vpeny. BaAawer shaIl be in defauh if any f�f'�action or ���r'T.'.;: •�•`
<br /> % piooeed'uig,whethar civ�7 or criminal,is begun tha:in Leadea's good f�Sndgment could ressutt in ff�em�re of tua Pnopearty oz . .'��.
<br /> r • •
<br /> a t herwise m a t�:�,�j i��r d�e H m�d b y t h i s S e�i t y�s�u m e n t o r L e n d e a's s�a m ty i n t�2��w e r ma y canre such a '''. --
<br /> defeult and rems::�.��rcfr,3ed in paragraph 18,by ca�uiug the action or pmcetding to be dismissed with a niling that,m �:,:'•:��^ ;;"
<br /> ;�.�;,�+��,;.
<br /> : I.euder's good fa�b deteam:.�-.aia�,Preclades forfeiuue of�Borrower's interest in the Property or other maierial impaiame.nt of �z%>' . '•��.
<br /> ., ttte lien create��:y this Seatrr��strament or I.e�da's sec,�rity int�st.Borrower shall also 6e in defauh if Borrower,dnring tha '��:;�,�.:' .�,y , ��,..
<br /> � � tflan applicatia��cess.gava mazerially faLse or inaccurate infaimation or s�tatements w Lender(or fa�ed tn pmvide Lender with � ,
<br /> �,- aay maicai�al ��.:sieu) in cQrn�cnon wi� the lnan evidenced by ih�Nate. indudi�g.bnt noi limited tn. represeatatians `.��,."�''�.,',,, ,� __,
<br /> , S Inslrument is on a leasehold,Boirower ,�.; .+
<br /> conceming Barmwer s oocupancY of the Property as a pr�cipal resiaence.If this ec�ity •. • ' �__
<br /> � shall comply with all the pmvisinns of the lease.If Barra-«r�acguirPS fee dtte ro the Pmperty.the teasehold�d the fee title shaD `���`��; � � •- -
<br /> ,��,�r� `. ,.—_
<br /> not meJge untess Lender agrees to the me.rger in wridng. •�:1;::4f, �`
<br /> 4,t�c,2. _ �
<br /> � 7.Prot�of I.ender's Rig6ts in the Psoperby. If Horrow�fa�s to peafom►the covenanm�a�reements contained in .. �°=��.
<br /> this Seauiry Iiva�me�t,ar thae is a Iegal Prooe�in8 that maY��dy affect Lendca's righ��t�e propeaty(such as a "'�'�'�`�''�
<br /> �.� � P�8�b�PuY,P�b�•for condemnation or foifeiture or w en.xarce laws or regWations),then Lender may do and pay �' _�-_ ,r_—��
<br /> foi whsu.�vea is aeces�ry►to Pot�t the vatue of the Praperty and I�'s rights m the Propeaty.I.eader's acu4�,.�may inciude ' ';:;'z
<br /> ;,' PaYmg anY sums s e e a r e d�� a ueo w h i c h h a s priori ry o-� d�s S e a�i ry L�s tr u m.�t.�g i n c o u rt.p�^•'�3 r e a s o n a b l e ..
<br /> . aitomeys' fees z^.d entering on the Property to make repaus.Althnug�D.�der may�;r:acdon under this para�ph?,I.ender '�'��f
<br /> does not dave cn�sa. '��i�� -
<br /> .,, �
<br /> My amous.��isbvrsed b3r Lender under this patag�aph 7 shall become addidonal debt of Bc���secaued by this Security . � ''�9�'��:
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<br /> � Lasmiment Untess Hotrou;er�d Lendsr ag,ree to othea c�ns of payment,these amounts st�aff T�a interest f�the date of � . . ' : �.!;:
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<br /> disb�tts�ent at the Note Iz:s a�shaU be payable,with c�t,aWn norice from Lender to Bmrower r�r,qnestiag y�yaieait r i t'�. :_ . • .: -- �
<br /> 8.Mortg�ge Ins►a4nce. ff Lendea required mort�ge ins�uance as a condition of maSoing the�secured by this Secvrity = - --- - -
<br /> '�''`` lnstrume,nt,Bc�-�+er shaIl pay the prem:�s reqused w maintain the mortgage insa:ance in e�:�1. ff, for any reason,�a� `'•"`-=:=.- : . �
<br /> '-'. -'�• .
<br /> mortgage ins�.�e wveaaae reqaired by L,�dca tapses or ceases w be in ef�'ect.Borrower sha1l yay fhe premivms required� �°,�: . .: �. .
<br /> �, •. ; � . t.-�.:
<br /> ob'ain covaage substanraliy¢.�sivalea►t tn the moit�age e�su.�ance yreviously in effec�at a wst substantially er��-'.�vatent tfl the r��,: ����
<br /> � c�to Bo�rower of the mor,�ge insurgnce previousty ia effect,from an atteamate mortgage insurer ye� �j+Lender. If �":•�` .
<br /> �P� '�E;�:,;.
<br /> � s�bstantially equivateat mortgage insusance coverage is mot available,Borrowea sh2D py to Lend�eacb monL`�a sum eqnal tfl �':::" : •
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<br /> ` � on�twelfth of the yeazly mortgage insurL�ce pzem9um being paid by Borrower when tSte u�s�-�r�e toverage lapsed or ceased ta . ;,. .
<br /> . '� be in effect. Lendea vrill accept, �.ce and r�tain these paymeatts as a loss reserve m liru of n:o�:;�e insurance.Loss reservP ` =''_
<br /> Go�m 30Z8 Si/80 .
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