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<br /> � 5. Haznrd or Pro�x�rty Insurunce. Bnrrowcr �hall kcep thc unprovemcnts nuw cxi�iing on c�rcaftcr crcctcJ un thc
<br /> � Prnperly insurcd ag�iinst lo�s by fire, hur.�rds included within thc tenn "extendcd roverage" anJ any odrer h:�arJ+. including
<br /> ��� fli�nds or flocxling, for which I.�nder requires insuranrc. 'Chis insurunce shall be maintui�ud in the ami�un(s and for the periods
<br /> . that I.ender reyuim,. The insurance carrier pruviding thr in�uranre�hull he rh�nen hy Hcurcn�•�r whjcrt tu Lcnder'+approval
<br /> "' whirh shall nut bc unrc:�sonubly withhcld. If Borrawcr fails to maintain covcragc describcci ahuvc, Lcndcr may, at Lendcr's
<br /> - ,,,,:, uption,obtain mvcragc tc�pratect L.cndcr's rights in thc Property in accordancc with parugraph 7,
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<br /> , .,, _,,p. All itr;uranre polieies and renewuls shull bc aceeptahte to L.e;nder and tihall include u slandard mortga�;e clause. L.ender ,
<br /> '� shull have the ri�ht to hold the policies and renewuls. If Ltnder requires,Borrower shull promp�ly give to Lender all rcceipts of
<br /> ' paid premiums and rencwal no[ices. !n the event of loss,Borrower shull givc prompt nuticc to ihe insurance carricr und Lcndcr.
<br /> LcuJcr muy makc pmof c�f loss if not made prompdy by Borrowcr. ��
<br /> ' ; Unlcss L.ender und Barrower otherwise ugrce in writing, insurancc proceeds shall bc applied to restoratian or rcpair of the ;u,�
<br /> Propeny damaged,if the restoration or repair is econumically Feasihle and Lcnder's security is not ►esseneci. If the restoration or _r;
<br /> repair is not cmnomically feasible or L.ender's security wouid be Iessened, the insurance proceeds shall be applied to the sums � ,
<br /> secured hy this �ecurity Instrument, whether or not thcn due, with any excess paid to Borrower. lf Burrower abandons the ""
<br /> Praperty, or Jaes not answer within 30 duys a notice from Lender that the insurance carrier has of'fered to setde a elaim, then ___-
<br /> [.ender may collect the insurance proceeds. Lender may use the proceeds to repair or restnre the Property or to pay sums =
<br /> secured hy this Security[nsn�wnent,whether or not thwn due.The 30-day period will begin whcn the noticc is givcn. � �,.�,`,:.
<br />- Unless Lender and Borrawer othenvise agree in writing, any application oi proceeds to principal shull not extend or "'
<br /> ost cme the due dnte of the monthl u ments rcferred to in ara�ra hs 1 und 3 or chan c the amount of thc u mcnts. If �"��'�
<br /> P P YPY P' b P S PY
<br /> under parabraph 21 the Property is acquired by[..ender, Borrower's right to any insurance policies and proceeds resulting fram '��a:
<br /> �� damage to thc Property prior to the acquisition shall pass to Lender ta the cxtent of the sums secured hy this Security Instrument -.
<br /> immc,�iiatcly prior to thc ucquisition. � 'F
<br /> .� 6. OccupAncy,Preservation, Maintenance and Protection of the Praperty;Borrower's Loun Appticutlon; I.euseholds. -_�
<br /> Barrower shall occupy,establish, und use the Property as Borrower's principal residence within sixty days after the exec:ution of
<br /> . this Security Instrument and shall continue to occupy the Property as Bonower's principal residence for ttt least one year ufter �k�'-�
<br /> the datc of occupancy, uuless I.ender otherwise agrees in writing, �vhich cunsent shall not be unreasanably withheld, or unless `_-
<br /> , extenuating circumstances exist which arc bcyond Borrowcr's control. Borrowcr shall not destroy, damage or impair the ,
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<br /> P:;.^°r, s!]c� t��c -., °.•.. �;.;er:��:c. :.r:�m�..'s, •�as;c ar Pr:;^ 8�;r::r^r �i« b� ir. � .. . an�� orf i -
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<br /> action or proceeding, whether civil or criminal, is begun that in L.ender's�ood faith judgment could result in forfeiture of the a�`-`�
<br /> Property or otl�erwise materially impair the lien creuted by this Security Instrument or Lender's security interest. Borrower may �_ —
<br />:;;.,.,�.; ... cure such a default nnd reinstate,as provided in puragraph 18, by causing the actiun or procceding to be dismisst:d with a ruling =
<br /> ''� � thut, in Lender's good faith determination, precludes forfeiture of the Borrower's interest in the Propeny or other material =
<br />?.,,},;,., :, impairment of the lien created by this Securiry Instrument or Lender's security interest. Bonower shall also he in defuult if =-__-
<br /> `��Tr` � � Borrower, during the loan application process,guve materially false or inaccurate information ar statements to Lender(or failed -
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