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<br /> � 5.Ha�rd or Property IR,�rwncc, �oreowcr shull kccp thc improvcmcnts now cxisdng on c�rcattcr crectcct on lho Prupc�ty
<br /> insurcd against loss by C�rc,hazards includcd within thc tcrm "cactcnded covcroSo"and nny othcr hnrurds, inciuding Qcxxis or
<br /> flc�oding,for wt�ich L.ender rcquires insurancc.71►is fnsurnncc shall hc mnirtmincd in thc nmoun4v nnd for thc periods thnt....:.;l..r
<br /> requires.7rie insurance carriet pmvidir►B the�nsursutce Shall be chaseri 6y IIatYOUCP sub;xt to L.cndct's�pprovel Evhlch shell not
<br /> be unrcasonably withheld. If Bortowce feils to maintain covcrege describcd obave, Lendcr may, at Lcndu's opUon, obtnin
<br /> coverage tn protat Lender's rights tn the Praperty In accordnnce with paragQUph 7.
<br /> All insurance policies and renewals shall be occeptebk to Le�sder and shall include a sts�ndard mongage clause.Lender shNl
<br /> '�, havc the right to hold d�c policies and rencwals. If Lc.nder res�uires,Borrower sha�l promptly givc to l�.ndcr nll rcccipts of paid •
<br /> premiums and renew�l notices.In Ihe eveat of loss,Borrower shnll give prompt not�ce to�he insumnce carrlr.r end Y.ender.i..ender ,�''
<br /> may make proo�of loss if not madc promptly by Borrowcr. �''`� .. ..
<br /> Unless Leadcr and BRrrower othcrnisa agrec in writin8, insurance Proceeds shall lt�C�pp�i�d�°restoration or rcpair of 1ho ; ` {,��n,��
<br /> prope�ty damagcd,if the restoration or repair is ccocwmicullY feasibfe and L,ender's socuriry is not lcsscnaf.lf the rescorntion or , �' • ,;��4;••• 5,,�.
<br /> mpair is not c�caaomic,ally feasible or Lender's security would be lessened,the insurance praceeds shall be applirrd to�ha sums i .; ••,��'�
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<br /> � secured by �his Se�uriry Instniment, whcthcr or not t1r.n duc,with any cacess paid co Bo�rower. IQ' Bomnwr,r ubundons �ho � .�.
<br /> . Pirope�ty,or dces Aot answu within 30 days a notice from Lender thac the insurance carrier has offrred to settk a claim� then �,..,.`J
<br /> , I.eadr,s may oollect the in�uraace procecds.I.tndet may usa the pmcueds tn nepav a restae the Property or to pay suns socured i��'. ':`,: - --
<br /> by this Security Inswment�whethu or not thera due.'Itie 30-day period will begin when the noti�e is givcn. _ .-
<br /> Unless Lar�er and Borrower otherwise a�ec in writinB,�Y aFP��n of pr000eds to psincipal sha!I not extend or postpone
<br /> � t}�z due date of the cnonthly�yments refeired to in paragraphs 1 end 2 or chunge the ainount of ihe payme�►ts.If under paragr�ph .��. .
<br /> �Il ihe P r o p a t y is a c quia�ed b y Lender.Bacrower's right to any insur.u�ce polic:ss aaxi pracocds resniting frain damaga tc�U�a ;;, ,�,�.�
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<br /> �, �P�Y I�to the acqui�ti�n sliall pass to Lender to thc eat,�nt of the sums secu�+d by this Security Instnunent immodiately ',�:�4,•��
<br /> , • prior tn iLe r�wisitiot►. •�;�,;:;�'"-s--
<br /> ' •:�'' 6.Oocupa�mry.Pre�rvatjon,M�tfatenAnce and Protectioa of the�i opertl, Borrower's Loan Applkatbn;Leasehold9. �.N�s
<br /> , :,.�;`''�� Bv[rowet�ha!➢ oocupy.establish,and use the Property as noirotiver's principai residence wi�ttin sixty days aMr tivs eaecution of :'`;��
<br /> ��� t'�eis Seciu+ty Insaument and shall continnue to occupy ihe Property av IIarower's priacipal residence for at kast one year after the
<br /> ,.� date of occupancy. unlGSS Lender otherwise c�oes in wri6ng, which consent sLall na be anreasonably withhekl. or unlass
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<br /> :;:.::,. ea�tenuahng citcutnstanccs e�cist which are b�yond Borrower s controL Bormwer sttall not desGOy,damage or impair tbo pen5i.
<br />- --_-_��'}`:`;:; p.!aw the Propaty tn deteriorate�or commit waste on the Prapaty. Borrower si�aii [�e m deiaiaic ii any ivriritiuc i�t�s�' .
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<br /> ';., ;�;. �,rooeeding,whether civil or criminal.is begun that in Le,�►der's good faith judgment could msult in forfeawre of the Property or ,
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<br /> ••�'t •.``��•'. �tt�rwise maG�ially impair iha licn created by this Secvaity Iaswmeni or L,eridc�'s sxurity intaest Borrower may cure such a „
<br /> :1�;�r:'` , ,.,��� def3ult aad reinstate.ac prova3ed'ue paragraph 18. by causing the action or pr�r�mg w be dismissed with a ruW�g @�at,in ,. ,;� _
<br /> ,`:; � Lender•s good ffatth deteimination�Precludes forfeiture of the Bomow�'s intrnst in the Propercy or other mataial im�aiiment of 1 -
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<br />- ��;i.��:;�` the lien a�a�L�y this Security Instrument or Lender's sc�surity intere.�e.Borrower shall also be in delault if Bwrowu.during the
<br />_ • loan ep�plica6om�Qrocess.b*ave materially false or inaocurate infonnation or statements w Lender(o�failed w provide Le,�der wiih �., :
<br />= any mauroal Wocmatlon) in connecrion arith the loan evidenced by thu Note. including,but not limited to� repres�ntadons
<br /> � conoe�niag Borrower's oceupancy of the Property as a principal r�idence.If this Seeucity Instnunent is on a kasetwld,Borrower
<br />_ :� shall oomply with aU the provisions of�he k�.If Borrowcr acquims fce dde Do thc Property,the leasehold and the fee riUe shall
<br /> - � ,,, � not mage ualess I.ender agrees to the�erger in vRiting.
<br /> • .s 7.Profecteoa of I.ender's Rit6ts in t6e Propecty. If Borrower faiLs w pe�form Uie cove�ants and agr�ments contained in -
<br /> �.;,: . .; ahis Security lnstrusna�t,a there is a kgal procceding that may sigruf'icant�y affect L.ender's rights in the Property(such as a .
<br />_;.•':i . �roceeding in banlm�P�Y•P��for condemnation or farfeiwre or to enfoc�ce laws oz�regu�adons).ihen Lender may do and pay ''
<br /> � for whalevcs is necessary to pmtoci the value of th�Pc�aperty and Lender's rights in alae Propesty Lendei's actio:�s may include =�-
<br /> . PaY�B�Y� �� by a Gen which has priority over this Security Instrument,appesri�8 in oosut. paY�B ��� c
<br /> attorneys' fees and rntering on the Prapc���to mekc repairs.Altho���a i.endcr may tuke actwn a�Cer�his parngruph 7.I.ender ,' __--
<br /> do�x not have tn do so. --
<br /> ; My amounts di:+bursed by Lcndel under this Parab�r►Ph 7 shall beoome additiona�dcbt of Bomower socured by ihis Security -
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<br /> —' Hms�nuneat Unkss Barowe�a n d I.e n der agree to o t her terrns of p a yment, thesc emounts shall bear inte�est ivom tho data of �_;_
<br /> � U _ dubut�x�t at�he Note iate and shall be @Aryablo�widi intc,�est,u�►on notioe from Lender to Bo�oiv�requestin,g PaYment �.,...•
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<br /> . .. . , . �.Mcbrt,��,�e Insur�na. If Leadea raqairad mortgage inswgnce as a oondition of making t�e loan secured by this Security ��._:
<br /> " . ;.:��, II�rasuume�t,�z:urower shall pay the pmrni:rms raquired w maintain cho mortgage insurancc in effecL U. for any rcason.the �.,-=-.-,
<br /> .. ... mnctg,age insivance covc:iage mquired by I.ender lapses or ceases to be in effoct,Bnra�wer shall pay the premiums requimd co �c�`4�---��
<br /> �,� � obtaim ooverqga substantiaUy equivalcnt to the mortguge insurance p�viously in ef�'�ct,at a oost substantially cquivalent to the �;����`�
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<br /> �:::�,.'� cost to Barro��u of the mortgage insur�nce previously in effect,from an alteraate mortgage ir�surei apprmved by Lender. If ,,.�:- �,��---_
<br /> �, substantiaDly�r�uivalent matgage insuratace coveiage is not�vailable,Bormwer shall pay tn Lender each month n�wn equsil to ';i�� ,�A�:'`;��:
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<br /> cnwtwelfth o�Yhe yearly mo�Z ge insurance premium being paid by Bamwer when tl�e insuzance cov e lapsecl or ceascd to ' :• :� ���`��'�'':�
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<br /> ' �e in effect L�ender will aocr�t,use and cetair►these payment� as a loss re.serve in lieu of mortguge insivance. Lass reserve � , . .;�,t�s:�'>::
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<br /> ;; Form 5020 0190
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