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<br /> ptrlais thatl.en&r requiros. The Insunnce carricr provlding�he insurance shall Uo choxcn by Onrrux•et snbjecl tn Ixnder�s
<br /> ' npprovnl whlch sho11 na Fx umcason�bly wUhhcid. If parower fills to maimoU co��crngo descrilxd alwvc,l.onder nuy,at
<br /> I.ender�opion.oMiln coverege ro pta<ct Lendcrk rig6�s In tha Pro�xny in acwrdantt�vlth p�ragnp4 7. --
<br /> All Insurancc palicics and renewals shall bo ncecptablc�a l.endcr and shall inclnde o st�ndanf mongngo cinnso, i.ender
<br /> ahnll h�va thc right w hold�hc pollcizs and rcncwnis. It I.enAer rryuircs.Durrowcr shall promp�iy givc to I.cndernll rnselqs
<br /> of pald prcmlums and renewal nmitts. In�hc cvcnt of loss,Rorrow�cr shal�give pronpt noiicc ro ihc Insumncc rnrcier and
<br /> I.cnder. I.eneler maymakoprootof loss If no�mnde promy�ly by�ortoxror.
<br /> Unleu Lcnder and Oorrowcr ahcnviso agrco in wd�ins,insunnce roceeds shail bo a�Ited to rcstom�lon or rop�ir of
<br /> thc i'ro�ny damnged, ff d�c resiomtFon or rtpair is crnnomicaily fca��blc nnd I.er.dcrk saud�y Is not Icssencd. If ihc
<br /> n:s�oratlon or rcpalr is not cconomicnity fc.siblc or 4endcrS sccudty would Ix Icsscncd,thc insunnco procctds shall l» �- -
<br /> appiled to the sums secuced by�his Sceudty Ins�mmen6 whe�her or no� then due,wi�h any oxcess paid�o Aortower. lf
<br /> 6ortower abandons�he Property,or dces na answer wi�hin 30 days a no�ice from Lendar thnt the insunnco cnrder hu
<br /> ollercd to settte a etaim,then 4er.Cer may mftect the insuranee procecds. Lecder may use ehe proceeds io rcpalr or rcstoro •
<br /> tFe Ptopztty or to pay sumc secun6 by�his Security[nxltumen4 whaher or not tLta due. 'LL•e 30�daY Period wl l I Ixgin when
<br /> the notice Is given.
<br /> Unless Lender ard Borrower etMrv+'w_agree ui wming,2ny appliration of p�oceeds to prir.cipal shal[noi exSrnd or
<br /> pos�ponc the due date of d:e mon�hly payrt:er.ts reCertzd to In pangmphs� and 2 or cM1anIIe U:e omount of Jie paymenis. If
<br /> nndet paragraph 21 �he Yro{xn�is aeGuired 6y Ler.der,Dorco�verS rlght to any enwrance polIc[es aod presee4s resulltng
<br /> irom damage to the Propeny pnor to ti.�ecquisi�ion shail pass to Lender to the extrr.i of�tx sums securcd by this Sceurity
<br /> [nswment immedimely prior to�tR acqnisition.
<br /> 6. lkeupaney, Prrurrallon, Alalntenance and Protectlon of aAe ffYqpert�; Borrower's I.oan Applkat6ca;
<br /> E.easeholds. �orroxer shall occupy,esia6lish,nnd nse the 1'ropeny ns Uorcorver>pn�c pal residence wiehln sixty days aRer
<br /> ihe execmion of�hts Secnrity lnstrumcnt and shall comiwc�o ottupy�he PropRy as Donower5 principal residenco for at �
<br /> (.as� one year aticr ihe date of accopanry, unless Lender ahenvlw agreu in w6ting, which co�.ert shall na W
<br /> unrcasonably withheld,or unless taceniu�ing circumsmnces exis��rhich aro beyond Oorto��a'��vnwl. 9onhoer shall e�i
<br /> desiray,damage or impatr the Pro{xn��.allow�he Propcny�o de�rri.rra�e,or commit waste ua thc Pa+��.ny. llortawe�shati
<br />- be In defauh if any fode(wrc nc�ion or praceding.whe�her civil cc cri.Tinal, is bzgen�hat in LenderL'goo3 tvth Judgment
<br />- could rcsult in forkitum of ihe Propeny or othm+iK ma�crially impair �he lien created by ihis Securtty L�swment or '
<br />� Lendery securi�y iNercv. '�ortower may curc sueha drfaeh end rcmsta�e,as proeided fn paragraph IR,byenusing the acflon
<br />. or proceeding to be disn+i��cd with a ruling�hn4 in Crndtr's sood fxith detertnina»on,prccluda forfelwrc of t1w Borcower5
<br /> iNerest in�he Property or o�her ma�erial impalmiem of the lien creaxd by �his Saurity Inswmem or l.enders secud�y
<br />- Inleresi. Bortowcr shall niso bc in default If 6orm�ver, during �hc loan npplica�ion praess, gave matctially felu or
<br />- Inaccurete fnformation or sta�emenis�o Lender(or feiled w provide Lender wi�h any ma�erial tnPortnation)In emnutfon with
<br /> tl�e loan evidenced by the hote, Including, but not Iimi�ed to,rcpresematlons eonceming dorcowerl occKnancY of No
<br />" Propeny es a principal residence. If�his Seturity Inswmem is on a letuehold,Bortoirer sh�ll comply with n!F z?�e yrovislons -
<br /> of the lease. If 6orrower acquircx fee titie m�he Property.�he Ieax6oid and�he fee iitl:shull not mergt unlesx Rsnder agrees ___
<br /> to�he merger in wri�ing. �� �
<br /> 7, Proteclion ot Lender'e Nigh�s In Ihe Property. If Itonw�•cr falls to prfonn�ic covennn;s end agrcemenu
<br /> eomalned In this Seturi�y lnstmmem, or �hem is a Icgal pructeJing�hat mny xi�:iltcuntly affect Lendu� rights in lhe
<br /> Propeny(such as a proceeding in bankmptcy,protra:e,tot conder.matioa or forFeitu:e or m enforec laws o:reeuladons),then - -
<br /> I.ender may do and pay fm whatever is necexsnry-w prntec�t6e value of�he �ProFeny und Lender�dghec in ihe Propeny. _
<br /> Lendert ac�ions may induAe paying ary sums sceured 6y a Ifen o�hich has prioriq ostr this Security Inswmen6 appearing __-
<br /> in coun,paying reuonablc v�omcy..'fecs nnd entering on�hc Propeny to makc rcpeirs. Ahhough Lendcr mey�akc ac�ion =`
<br /> undcr�h(s par,lgraph 7.Lcr.der dces no�hovc�odo so. �;,,:_-
<br /> Any amnums disbuned hy Lender under�his pirngraph 7 shall 6ecome addi�ional deb�of portower securcd by this +a;.l..
<br /> Security Instrumcm. Unless Oorzmvcr and Lcndcr agmc too�henemu of paymem,ihcse umounts shall bear inreres�from�he s�"r�
<br /> datc of dlsburxemem:v ehc Note ratc and shall bc payn6!e.wi�h imcrcs6 upon na�itt trom Lender�o Oorrower rcyucs�ing <y�"_:�:
<br /> paymem. �^.".`i-
<br /> 8. Mortgnge Insurance. If Lender requircd mongage insurnnce ns a condition of making the lozn sewred 6y ttris -���
<br /> Security Ins�mmem,6onmver shail pag ihe prcmiums requircd to mainntn the mongaee insuranm in e(ke�. If, for any ���-�"�--
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<br /> rcason, �h�e mongagc insurance covcragc rcquircd 6y Lendcr lapses or ccnses �o he in e(kc6 Dovowcr shall pay thc r, ,.�;�:
<br /> prcnilums rcquircd m vMain corenge +ubstamially�cr�uivalcm�o thc mongagc insorancc prcviously in c(fcct,at n mst r=-_,-
<br /> subslantially equivalem Ia the cosl w Bortnu�er oC�hr mw�gage insumrce prcviously in effect, trom an aiecmala mortgage ' -"-�
<br /> insurcr app`oved by Lendcr. If subs�amially eyuival.m morigage insurnce covenge is no�available,Dortower shall pay to ��;�""
<br /> Lender each mom6 a sum equal to or.cmclfih of�he yexrly mongage insurance prcmium Ixing paid by 6orrow�er when the l;�v:_;_
<br /> tnsur�nce coeerage lapsed or ceaced to be in e(fect. Lender will zreept.use and re�ain ih.ese pay�mems rs a loss rcserve in lieu �^ '
<br /> of mongage insumnce. Loss reserve paymems may no longer h rcquind,at the opion af Lender,if mongage insurznce
<br /> coveraye(in ihe amoam and for�he perial tho�Lender rcyuires)prov�ded 6y:m imu:er upproved by Lender ngain becomes �'� -
<br /> nvailable and is obtained.Do�rower xhall pay�he praniunn rcquired�u maimain m.ongage imurance in effec�,or to provide a �;;;;.,���
<br /> losc rccerve,umil�he rcquircmem for mongage in.nrancc rnd.in acrnnlanee��•nh am�wriurn agrcement Mr.ceen Uorcower �%i��-�-
<br /> and Lender or applicable Imv. ����;::•._.
<br /> 9. Inspecllon. Lender or i�s agent may makc rcasnnablr znvies u�mn cmd inspcction.M�he Propeny. Lcnder+hai1 r;.'_
<br /> givc�ono�vcr no�ire a�ihc iimc of or prior to an im�xr�ion.�eihing rcawn:�ble eauu(or ihc impeclion. .';.:".�
<br /> 10. CandeNnalinn. '!Te pruceedc of an��av.:rd ar daim for d:unage..direcl nrcnn.rquential.in cnrneclinn with any �i._.,
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