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<br /> ►x:8u1�,�`vUlct�Imll notif»unn..�uon 6I�vi 11 cldr If Il�o�nop�ar fnils o malntain'covo�n,xo dcs n'beA atwvo�i endcr ma�ai --
<br /> t°p Y S Y
<br /> dcrS op�lon,obmin covcraEo�aprotca Lcndcr§righis In the Propcny In nccordnnw with pamgnp4 7.
<br /> All insumnco pollciu and rcncwals shall iw acccpiablo to I.tnAcr.nd shnll(nciudo a smndard mongagc clauu. Lendcr
<br /> � s��all 6avo tLo d�l�t to hold ILo policlos nnd reno�v.ls. If I.cnder rcyniros,Onrroi�•er sh,II prompuy givo to t.ender all nrelpts
<br /> of paid pttmlums nnd rcncwal no�iccs. In Aio cvent ot loss,pnrcox•cr shall givc prompt natico to tho tnsur.mcc wrcicr nnd
<br /> l.cnder. I.tndor mny make proototloss Itnm mado promptly by Oorto�ver. _
<br />- , Unlas I.enJer nnd 6orro�eer mi�enviso ngu in wd�ing,insurv�co procecds shall 6o npplleA to res�oraiion or m�.sir oi ' �
<br />- tUo Pro�cny damagul, If tho r�.c�ontion or repalr u cconomicauy tcasm�o and i.cnticr"s sccumy is no� fcsscncd. i� �oo `--�-°
<br /> rvxron�ton or rzpafr is not cconomic.11y tc.uPolo or I.cndcr�sccudty�vould hc Icsscnai,tho in:uranco procceds xhall iw
<br /> �PP���to thq snms sceartd hy this Sccudiy Insimmcn6 whahcr or noi tiicn duc,wi�h,ny cxccss palA ro dorrower. If
<br /> Ilortower aUandoas tho Pro�-.riy,or Aocs nM ans��•cr within 30 days n notico from I.cndcr tLa� thc insumnco curicr has -
<br /> offend to sgnle n clnim.then 4ender mny collec�the inmmnm procec<Is. Lender may use the pro:ads m re�air or msrora _.. —
<br /> d�r.Pr6perty ot to pay snms sceurcd by this Securily Instmmen6 whether or not Ihen dnc. 'R�a 3(1-day pedod�vlll 6��in whcn
<br /> - t0eno�iheisglycn. -_
<br /> pNesSl:endtr and 1lorm��•cr othenvise agnn In xTiting,any npplintlon of proceeds to principal shall nm extend ur _..
<br />. - ftosipono thedno dato of tho mnmhly pnymems rtfercetl ro In paragrnphs I and 7 or chango tht mm�:im of tlw pnpmems. I( ___
<br /> �rodet I?nmB�aP'�2) th¢Proper�y is nequtreel by Lender, Oorrower�s righ� �o any insumnee policies anJ procecds reauhing ---
<br /> fmm d�n�ege tu the Property pdor�o�he ncqulshion xhall pass to Lender�o ihe ez�em of�he sums ucured by�hic Secumy
<br /> Insmunentimmedfatelypdormtheacqufsidon. �'�`
<br /> 6. Orenpancy, Dreservntion, i1lointenance nnd Protectlon ot U�e Pro�icriyi BorrowePs Lwn ,�ppllratiom, �;:� �
<br /> Leateholds. Bortower sLall o:cupy,establhh,aixl use�he Propeny ns Bortowery pfincipal residtnce within six�y days ancr --'^'-�
<br /> iho execmion of thls Secumy Insmimem and shall mminue to arupy�he Propeny a:Uorcox�crk pdncipal rcsidence for nt +,G���;;--
<br /> Icast ono yraz aRer tho Aeto of occupancy, uniccc Lender o�henvise agrces tn wri�ing, which consen[ shall not be �s's?_':--
<br /> unreasona6ly wlthhcld,or nnless ex�enuating circ��msinnces exisi which are Ixyond Uorrower§control. Oorto�ver shall noi 7�, +�-:-�.
<br /> desiro ,dama u or im air Ihe Pm ^r1 ,allow�lie Pro en to dc�criornw,or commii wule on tl�e Pro .n . Danower ahnll ��"�����`
<br /> Y 8 P P Y P Y P' Y 6�i.�;-�..
<br /> be In defnull if any forPoiluro nction or proacdtng,whe0ier cfvil or crimtnal,is begun ihnt in LrnderS goexl fniih jndgmrn� �i-,���
<br /> eauld resah In forfeilurc of tlm Propeny or o�henvise materinlly tmpair the Ilen ctta�ed 6y �his Secumy fnsmiment or t''�'•;i�`
<br /> Lenderk etcuri�y interc.st. Dorrowtr may curc such n defnuh nnd minsime,ns provided in pamgrnph I8,6ycausing�he acilon I`�";�-
<br /> or proeecding lo lq dismfased widi a mling thnt,in LrnderS good fnith dNCmdn,�Ion,prccludes fodcimre of�he Dnrtuwer� s•':::�
<br /> imcrut in.ilw Pro ^n or odicr matcrill im aimiem of�ho I!cn crcatcd 6 tl�is Srcuri� insmmxm or Lcnder\sewri� s'i�"�`
<br /> P• Y P Y Y Y �?s;;,�::.,
<br /> inleres�. Aortotecr simll elso be in defnul� if Oortower, dndng the loan applicmfon process, gave matednlly fa�se or �,ti_`:,_.:
<br /> InxceurNC infomintlon orstatcmcnts to I.cndcr(or failed�a providc Lcnder wl�h any material infomiaiion)tn conneciton wi�h u�-.:•�_.:---
<br /> �ho loan evidensed b� the Note, tncludin@, bw no� Iimited �o, rcprexema�ions conceming Oom����erk occnpancy o! ihe �4','��`-�`''�
<br /> Pmpcd �u n rinci ni rcaidcncv. if ii�ia Sccuiii imiiumcnt io m�n kcncnuiJ,Bumnrcr ahail cum i wiin ali inc �uvi>iuro lS+r;,,.�;.
<br /> Y P P Y P Y V r-�;-:
<br /> of tlk Ieem. 1f Dormweracqulros fw�Ide a the Propetly,�he leauhuld and the fee li�le shall no�merge unless Lender ugrcex .,_,:.:
<br /> tothcmcr erinwd�in �''-�+
<br /> g s g p Y p:rfomi �he covenam<nnd a rcemems �'!`+;`•�-
<br /> 7. Protatlon of tandcr's RI h�s in ihe Pra erl . I(6orco�vcr fails io g ,,,;
<br /> wmained In �h(s Security InswmeN, or�herc Is n IcFal praceding ihal may siFnilicnnlly nffcel Lenderk righls in �hc 'h:it:;-:'
<br /> Roperty(such aa n proceeding in bankniptcy,pro6::te,(ur rnndemnadon or forfetmm or io enforce laas or regulaiions),ihen '-;:���_
<br /> Lender may do und pay for wi�mever te necessaq•m protec��he value of Uie Propetiy nnd I,enAcr's righ�a in�he Pro�ny. 'iti:;y;_-
<br /> Lcndcry.c�lous may Intludc paying nny sums sccurcd by a Ifen whfch has priori�y over�hi+Secnri�y Inswmem,appcaring v-,:;.;,�
<br /> in coun,payins rcaaonaU:c auomeyx'fcex nnd entering on ihc Pmperty�o make rcpatrs.Alilrough Lender may iake action �'v��••-�
<br /> undcr this pamgmph 7,Lcnder docs no�havc io do so. �"'�'---�
<br /> ti�i'.-_:.
<br /> Any wnoums d1�.6urseJ 6y I.ender under�hi.p:+r.igr.�ph 1 shall become aJdltional dchi of Oortower secared by this Iayy<k}__.
<br /> Security Ins�mmcm. Unless flnrto�rer nnd Lcndcr ngrct m mhcr�crtn-.of payment,prexe nnmunts shall bur imemsi from�he Ir'..;ei:•�-
<br />� daic of dis6:irscmem nl�hc Notc ratc nnd shall tx payable, wi�h intcresL u�wn nmicc from I.cndcr m Qortoa�cr rcquesling ����+.:-.--
<br />- paymem. �i.`s'�=_:
<br /> 8. �torignge Insurm�ee. If Lender rcryuircd moneage inmrance xs n condi�ion of makh�g ihe lu;n securcd by�his �,�y,,,;_
<br /> Security InsuumenL Donower s6n11 pay�he premium. rcquircJ �o maimain tlic mongage insurance in effec�. If, for nny �y-4�'-'_
<br /> renson, the mongage insumnce coremgc rcquired b� Lender lapses ar ccaecs io be in e(@ci, florrm�rr s6all p�y �he fi_�-_;-.�a�
<br /> pmmiums required �o ob�oin co��cmgc subs�amially equiv;dcm w �hc mm�gagc incunnce prceiuudy in effect, m a cosi `� -
<br /> subs�amlaiiy cqulvalem m�he cosi to Ilurrox•cr o(ihe mongage inaumnce prcviou.ly in effec�.trom an ahemate mangage :f;;:_"�-'
<br /> Insurer approved 6y Lender. If subs��mially cyuiralem mongagc inwnnce co�cragc i�mm�eailable.[3mrowcr shall p�y lo n zr, �
<br /> Lender each momh n sum equ�l w one•wel(th of ihe y.ady mongage insnrvnre pmmiwn being paid by�orruwer u�hen�he �,� ;:;,
<br /> inxunnee corerage lapsed or ccual to be in e(fcc�. LenJer���iil aaepi,ux anJ re�:�in�he�e pa��memx at u low recen�e in lieu �' t?, �-
<br /> of mongage insurance. Loss rcscrve paymemc may nn innger I+e reyuireJ.m �he aptian o(LenJer,i(monF:igr insurance i "
<br />- covemge(in ihe amount znd for ihe�urind�h��LenJer r.yuircy pro.�aHJ hy an in.urcr apprnveJ b�•LenAer ag:�in becnmes `��+_-��_
<br />- available and is ohtained.6orm�ccr.hall pay ihr prrmiuma rcquind In m�inlaim m�ngagc iiuurancc in c(fcc1,or to proviAe a �a)-`i-� .
<br /> lou rcserve.unlil�he requirtment fnr mnntaFe in.nrance enJ.in acroniance x�i�h any wriucn:rcrerm.m Fr�ween IIprm��'cr :;.`:r-':
<br /> anA Lendcr or applicnblc law. �"'.'-•--
<br /> 9. Inspecllon. Lendtt or ih agenl may make rca.nna6le enlries npon anJ in.peclinn,.�1 thr Proprrn. l.rnder�hail
<br /> giac Rorrox�cr no�icc a�ihc�inw of or prior�o an insp.ciion.�cifping rca+nnabic aau>c fnr�hc imp..�ion.
<br />� 10. Condemnalion. 7Lc prorecd.oLmy mc:rtd ar claim fnr d�rlugc�.dir.d or con.raµ�rnli.d.in rnnn.clion wi�h,ny
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