. . ,.. . . . . .. . .
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<br /> _{ inctudmg tloods or fkwJing,for artuch I.end�r reqvir�insara�ace. This insurance sball be mainiained in We amounts and Y - :'` .i"�z�..
<br /> for the periads that Lender requires.The insurance carrier providing the inswance shal[be��en by�asrower sahject to --_
<br />` L¢nder's approval whii-6 sball not be unreasonably wiWheld. ff Borrower fai}s ta maintain�r gdance with paragrapb • ,
<br /> Lxnder may,;u Lender's option, obta�►ooverage to protert L,eader's rights in the Property .
<br /> 7. .'
<br /> All insurance policies and rene�'a1s s�be acoeptable to Lender and shall include a standard mortgage clanse. • y_
<br /> L e n d er shal!have the nght co hold the poGcies and renewais. If Lender requires.Borrower s�1�PfOmP�Y Sive w I.euder . �,. �.
<br /> " ail receipts of paid premi�nns and renewal notices.In the event o f ivss,B o r r o��s h a 1 1 8 i v e p r°r�p t nouce to the insucanc�e ; _�. —
<br />�-; cazrier and(xnder.Leader may make proof of loss if no�made pro�r►pily Y li�to restoration or rep�air •• •
<br /> - Unless Lender and Borrower ot�erwise agree�wn�����ce proceeds sball be aPP �not lessened. Iff the - ;��
<br /> of the Property dama�ed,if thr restosation ar repair feasible and Lender s security -- - -- - --— :_
<br /> � restoradon or repair es aat economically feasiIl�e o�r��heth�ty otthec►due�vrith anyeexcess paid to�Boirowe�r•If . . n-_
<br /> ' . applied to the snms aecared by Wis Security . . _ `� � '�°
<br /> Bvrrower abandnns the Property, ar does noi anrner within 30 days a noace Bom ��that We insurance�ca�ri�w .:r•4�-;;.;��=-_v-e:=
<br /> offered to seale a claim.Wen Lender tnay collect the tn�ce�P wh�ea�ord ot t��due.The 3�y Pe�od avill begin � _ ` _ � ;: -
<br /> t�e Propert}r or to pay sums secured by th�s Ses�ity .. .4;:. .� , . —
<br /> �:_,v ,i':�'y'
<br /> when the nouce is given. c� s6a1!not extend or �• ��ti::::�`
<br /> iu�vritin ,an lication of w prin �Fal � ,, _.
<br /> U n l e s s L e n d e r a u d B o rt o w e r otheawise a g r�e g Y��1�:d 2 or c6�ange t h e a m o u n t o f t h e p a y m e n t s.I f �__
<br /> r�;;�:�.,�;.;
<br /> � p o s q�one the dne date of the moathlY PaYme�s cefe[red to in paragrap hcies 2�d praceeds resulting •. �:; . .:.,.,�s...{:'.t..._:
<br /> �r�paza,.r�h 21 the Property is acquired�,v`�a l.e n�p�w�Lend�eo thc eatcat�of the�sunos s�ed by�is SecUriry ' . -
<br /> • from damage ta�.�e Propercy Pnor to ttte acqi.:_ . , " ': ',. _
<br /> a
<br /> • Insi�ent immediatelY pfior to the aoquisition. Bourower's H.aan ��S��cII; '
<br /> PreservatMn, Mainteaance and Pcotec�an of the Property, o
<br /> (. OccaP��Y, s ri al residenoe arithim� d�s . �.' _ . .,-
<br /> as Borrower' .•,...
<br /> ' Lea�eholds. Borrower shall occupY.establish, and use the ProPertY the Pro �as Borrower s principat��ce y ,.�r �
<br /> after the execuaon of this Seauiry lnstru�ent and sha11 a°ntinIIe to ocvzrY ��.�g w����t shall not be
<br /> e date of o cy, tmless Leader o2..��us;agrees , ,-,���4---_
<br /> � for at least one year aher qh �P�
<br /> ' unreasonably withheld or wless exten�apng c�rcumstances exist w�ir��e 6eyond Borrow�'s conuol. Borrow�shall not ,,i�«.��_: - -
<br /> . destr4y. danaa8e or impair ihe Property,allow the Property to deteliorate, or commit waste on the Property. Eczrawer ., - , _,.::_---
<br /> sh�i,t�e in default if any forfeiture astion or pmceeding- �t�her civil or criminal.is begun that in I.end�'s�d faith �; ,,_, r ; <.�y ^.
<br /> jn�eat wvld resvlt in forfeiwre of the Property o� ¢�°.�vise materially imPair the lien created by t}Ts �uritY • �'��, ;.''_ _-_
<br /> � mterest.Barmwu may�snch a defanit and reinstate,as provi d e d�paragraph 18,bY ;�;;�;� � �:_-.---
<br /> Insta�ent ar Ir��_er's sec�rity ' rt�r.�rnrr-��+on, ecludes ,-.
<br /> causing the ac�.�a or praceetin8 to be di�iss�d wit� a r u l i ng t h a t, in Lender's good faith lx , . >,.,:
<br /> �, �s•:; .,_
<br /> forfeiture of the Boaowers interest in the ��cy or other material impairment of the lien a�..�by this Secattiry . F..•; -._. .;,��"..:�:::
<br /> Instmment or I.ender's secutit5+interes�Bonow�sha;l^��be in defanit if Brnrower.during ths loan appliration pracesg. _. �-_
<br /> • g�tye materially faLse or inaccurate wformation or fs��s w L.ender(or failed w provide Lend� with any�.�t,e�ia1 ,: ,:
<br /> . information)fln connecaoa with We loan evidenced by���-ae,induding,but not��oa a�otd.Botrow�r sha!! `,� ��.'�� .. —
<br /> Borrawer s oc�,�cy of We Praperey as a prineipal restdw�.If this Secunty Instrum y a�„,,
<br />�� comply wiW�L `� provisions of the lease. 1f Borrower aoqaires fee atle W the Property,We leasehotd and the f�6dQ �.�:�: � ,��:.��;.•,-
<br /> ;:':ti��...,_
<br /> ;.'�.S shall not merge arszss Lender agree�to the merger in writing. ,.�;,*;.',;` � =
<br /> ��. 7. Prote�timn of i.cn�ea''s Righta in the I'rope�4y. If Bana�.ar fails to perform the covenants aad��nents :t'.-
<br /> �:;.:
<br /> �.` '_��.;,.
<br /> . . cantained in Wis Secuiity Iastrument, or th�e is a tegal praceedin8 t�at maY siSni�candy affect Lender's ri .�the
<br /> r�hons) ��,i�" .�,:�:'.,:':f.: �;_
<br /> �: s,!i Ftmperty(sucb as a praoeedin8 in bankruPt�y Probate,for condemnatton or forfeierae or to enforoe laws or� .
<br /> ey
<br /> Ihen Leader may do and pay for whatever is necessarY to Plotect the value of the Ptope+rtY �d Lenda's '�,,.r�;s in ,e
<br /> . e �! '�
<br /> -. Praperty. Lender's acflans may mclude paYinB any sums secured by a lien cv1rict� 6as ����� AltQoa � '�r' .
<br />� Insuument.aPP�B in cowt,Faring reascaable atwmeys'fees and entaing on the Property Y� ;�,'r:�''�:±.`'
<br /> Lender may take acuon nnder this paraBraPh 7,Lender does��shall beaome additional debt of Boir w��ed by th1s '•• `�:'
<br /> pny�otmts disbursed by Lender under this parn.;a'S�s " '
<br />. .. Security Instmment Unless Batrower and Lend�agre�as�3h�eter��ofm�e�atu�ese amo���t3 3Fr�'rower ����~
<br /> . the dace of disbur�ent a[[he Note rate and shall be payab `�� ..• ,�•,
<br /> •. requesting paYmen� •`m^'. . . =
<br /> S.Morigage Iasaranse. lf Lendea required mortgage insarance as a wnditlon of making the loan seaued by this ym., _ Y.,_J
<br /> r --
<br />.. . Securlt3+Instwnent, Borrower sdail pay the premi�s reguired to maintain the mortgage ins�ce in effect. If,far any , r� �'�,
<br /> reason, the mortgage insvrance roverage requued by Len�t to the m�rortgage ins�ance pre�i+iaasiy in effeci. ai a oost - �- �=
<br /> � pr e m inms r e quired so obtain coverage sabstai►tially e9 t u e ff e c t,&o m a n aitem�m most 8 a 8s .f`.,,�`":- :
<br /> substaatially equivalent to t�e cost to B oaow�o f t h e m o r t g a g e i n s u r a n ce p r e v i o v s l y ____
<br /> ' insur¢r approved by Leader. If substandallyeyuivatent martgage insurance wverage is not availat:le, Barrowea shall paY ��""ti'"�` -
<br /> wa � .
<br /> to Lender eacb monW a sum equa�to on�twelftb of We yearly mortgage insurance premium bei�►g��;,3 by Borrower wheo ,-.t.�;
<br /> the iasurance coverage lapsed or ceased to be in effect.Irender arill socepb use and retain tbese payments as a loss reserve ���l�'d��°-•:
<br /> in lieu of mortgage insurance. 1-ass resen+e payments may ao longer be requved,at ihe option of l,ender.if martgage - -
<br /> - insurance ooverage (in t6e amouat and for ihe period that Lender recluires>Pro�o��mo�rt a e�' bins�ce in - .. - -
<br /> a gain becomes available and is obtained. Barrower shall pay the P�i n s u an ce e n d s in acoordauce an�'th an y wriuen .... ,.� "• .�
<br /> ' effed, or ro pravide a toss reserve. until We requirement for mo rt g��g .�;;.
<br /> �, agceement betw�een Borcowet and Lender or applicab2e law. Form �� �0 fP���� --_-
<br /> X�t•�. �...�--`_..•-�.
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