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<br /> , � 5. {I■z9rd oi a�°�,net lo y9by f�e,ha arde includedk i t�'in the term°xtanaea�o�e�ac�g �nd anyf other h i,ard�
<br /> the PropErty in B ,
<br /> • incluJing flooc.'s or fI���L nder requires.Llherinsurancc�carr Cr�pruhciin8 thennsuran,:e sh�lli�h�nc�sen b}r13�m�o�ncr
<br /> ,:� nnd for the Feriods that t.
<br /> subject to Lender's npprovnl�vhieh shell not be unreason�bly withheld. If Borro�ver fuits t�maintain cuveruge:dcscrih�d F
<br /> ;,,,,��:�: nbove, Lender may, at Lender's optic�n,obtain coverage to prote�:t LenJCr's rights i�i th� l'ruparcy' in acrorJ8111'C N�itli
<br /> -.�=.a'�` Paragraph 7. � ��b
<br /> �111 insurance policies and renewals shall be acceptable to Lender and shull inr.lLd�: a stand.ird mort {�� c c��r.,c:.
<br /> '. Lender shale�ea�of p,��ptrem u�ms and rene�al not ces.ln the event of loss�Borr w��C gtO����'IVC�promptt not�ce'[o the
<br /> a I,endec all r p
<br /> insivance cnrrier and Lender.Lender may make proof of loss if not made promptly by }:lnrru�.v�r.
<br /> ; Unless Lender andB�f the restoration or repair isre�:nom c Ily fe sible nd Lender'H secuaty is not 1�r►�d r�f tj�� �,`
<br /> ,;. of the Property damage , ��.�
<br /> : restoration or repair is not economically feasible or Lender's security would be lessen�:d,the insurance proceeds shall ba �:_
<br /> es
<br /> applied to the sums seeured by this Security Instrument,whether or not then due, �vitle ac�y execss puid to Borrotiver.If � ;
<br /> � Borrower a ban dons the P then I.ender�may wllect thelinsuran aeypro ee d xe L e n derRm�yruse th Q1'�SCC�dS LO f pairhor �
<br /> +�, o f f e r e d t o s e t t l e a c l a i m, •---
<br /> � re..Gtore the Property or to pay suma secured by t his Securi ty lns t r u m e n t,w h e t h r r o r n o t t h.a r�d e:e.The 30'da y p eriod�vill u`}
<br /> �� begin when the notice is given. •°-
<br /> Unless Lender and Borrower other�vise agree in writing,any application of pro�:eedn t�principal shall not extend or f
<br /> � postpone the dua date of tha monthly payrnents referred to in paragrapha l and 2 or chr+n,�e tl�.e emount of the paymenta. I� ,
<br /> If under paragraph 21 the Property is �q r�L�a�ie aCqDis'ttio nshall Faus to Len��r to th.e e:ttent oPf�thelsumssecured} �:.
<br /> � resulting from damage to the Pruperty p ;_
<br /> this Security Instrument immediately prior to the acquisitian. -_
<br /> 6.Occupa�nT�.w T shall c upy�establi h and use he�Property as Borrv�¢r'�tpri��a1 fPSIdCR oNlt}lttl S 7RYtdB}'A �N
<br /> l.easoholds. B
<br /> t after the execution oY ehiear afterthc+date of occupancy unless Le derotherwise agrFespn writ ng�h�ch ons�nt sh 11
<br /> � residence 4or at least on y
<br /> - •! � not oe unrcasoi�a�=y ::':*rr°�'!.^r unless extenuating circumstances exist which are beyond Borrower's con�trol.Borro«�or
<br /> • shall not destroy,damage or'tmpair the Property,allow the t'roperty to dricriu�ni�,��������• •��-- -•� the Prr��ort��.
<br />'-�fr '' ' I3orrower shall be in default if Any forfeiture action or proceeding,�vhather ci<<il or criminnl, is begun that in Lender'A
<br /> •.:'e�r� .
<br /> ,•,�.• good ititlnstcurnent ocUI.anderts security interesthBorrc�pvee maytcure such u drePa,ult ndlr instate, esepro ided1iin
<br /> Secun y
<br /> �.,`�`'���� i paragraph 18, by causing the action or proceeding to be dismisse� �vith a rulin� that, in L,ender's good faith
<br /> `' ''�'�� ' recludes forfeiture of the Borrower's interest in the Prolx:rty or other materi�l impairment of th�liun
<br /> `��'4`%'r� dntermination,p
<br />,;�s _:,
<br /> .,•,- ��1 oreated by this Security Instrument or Lender's security interest.Borrower shali n1RO be in defnult if Bocro�ver,dur�n�
<br /> 'o,.:
<br /> -T_sR�� the loan application process, gave materially false or inaccurate information or statements to Lender (or faile to
<br /> ;��;=�,a provide Lender with any material information)in connection with the loan evidenaed by the Note,inclutling,but nat
<br />,�:�:��T � limited to,represenu+tions concerning Borrower's occupancy of the Property as a Prir'tci�ul residence.Ii`this Securi4y
<br /> �A-��� Instrument is on a leasehold,Borrower shall comply with all the provieiona of the Iwse.IP Borrovrer acquires fee title to
<br />�-�_� the P�P`te t�ori oi L�nderts R ghtslin the Prope ryl If Bo ower fagle�t�'F�n r�e�tl�i�cove�nts and agreemants
<br /> ..�:'.5! �—
<br /> '��'�`� ''� contained in thie Security Instrument,or there is a legal proceeding that may si�ni"zcnntly affact Lender's rights in tha
<br /> :`�''' . '•._+
<br /> I'roperty (such as e proceeding in bankruptay, probate, for condemnation or focf�iture or to enforce la�ve or
<br /> --��`"'�'�- regulatians),then Lender may do and pay for whatever is necessary m protect the value o£the Property and I.,ender's
<br /> ___-II-�,;-�a�y�:� rights in the Property. �lr�nr,in coutt,pay'ng re onablel attorneys'fees nd en erington tke ProlpertY rto n►akc reP'h�t�
<br />-;�1�-• Security In..trument,appea � g
<br />=`�_`^yL����� Although Lender muy take actiun under this paragcaph 7,I.ender does not t�ave to do so.
<br /> ___,_��� Any amounts disbursed by L.ander under this paragraph 7 shall become additional debt of Borrower secured by thie
<br /> ---- Sccurity Instrument.Unless Borrower and Lender agree to other terms of payment,these umounts shall bear inten:.9t
<br /> ��::.��� from the date of disbursement at the Note rate end sholl be puyable, with interest,upc�n n�tice from Lender to�3orro�vur
<br /> �,T.� requesting paYmerxt.
<br /> ?� ' $. Mortgage Insuramce. If Lender required mortgage insurance as a conditioit ofi makin�the loan secured by tl�ie
<br /> R '�i Security Instrument,B°surance coveragehrequired by LenCICf aS�.5e5 ortc aseseto�e�n effe�.tr I3ocrower shall pay the
<br />`•����°, . reason, the mortgage in
<br /> � �'L. premiums rc:quired to obtain coverage substantially eyuivalent to the rnortgage insurance peeviously in effect,at u cnst
<br />_ �,.,'.�, ' substantially equivulent to the cost to Borro�ver of the mortgagG insurance previoasly in eftee:t, from an niternat� _
<br /> �"��'� •�' mortgage insurer aPP�nder each monthla sum eyuatl tlo oneUtwellfth of he yearly rrort�uQe i�suraiice�remiom�being
<br /> . _ Borrower shull pay to
<br />`: _,: .', paid by Borrower ��he�e veninrl eu ofVmortgagee ns�rance.dLoss reservecpayt::encsvimay�cot�longer bette9u ce:d,
<br /> � payments se a loss r _
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<br /> . Form 9028 / D
<br /> -a�yk.x:� � v.o.a of a Initiala: .
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