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<br /> 98- �U'�o5
<br /> i� u.,,.wt .►r vw+;vetv ina�rance. Borrower shall kecri tha fmpmvements �x�w uxisting or heres�ftcr crcrta! ��n thc
<br /> pmpeny insurcd wgainu la�,�by Arc, huard� includal within the term "extended c��vcr�ge" euKf �ny��ther hsu,�rdr, includ�a�
<br /> ticxxl�or flc�ding,for which Lender requireh insur�nce.Thiy insun+nee shull bo rnaintained in the wnx�untF u►xl f��r tl�c pedexl�
<br /> that l.cncler rcquires. The insur�oce carrier pmv(ding the insurar�ce shal! bc r,harcn by &�rmwcr Fut��ect t� l.e►xlcr's appnwal
<br /> wfiich �I) nat be unrcasntubly withheld. If�rrower f�its to maintaf� a�veragc deurfbal aMn�e, l�endar may. at L.cixicr's
<br /> option.ubtain cover�ge to pmtext l.erxie�'x dghts in tlx Praperty in�cmtdwnce with puagrwpf�7.
<br /> p(I ;i�.cura��cc pollcfes nnd nne�vals �hal! he c�cceptnbie to I,erKier and Rhall i�xlude a stuntlard nwrtgage clau:�o. l.ender
<br /> Rtu�ll h�ve the right t�tald the poUcica�rni rcnew�ls. 1P l,ender requires. Borrower�hall prumptly givo t�L.ender Afl rGa:elpts uf
<br /> p�id prcmlums and�t►ow��n�ticcs.In the evcnt of Iass,Bormwer slwll give prompt�wtice to thc insuranre c�rricr aixf l,ernftr.
<br /> Lcndor may make praof oT Ins� it oot m�dc promptly by Bonowor. �
<br /> Unless Lender and Bc►rmwer athcnvisc agroe in�vriting,in�urencc procxde�hxll be a�plied to rrsturatiun or rcpuir of the t
<br /> pro�eny damaged.if ihe restorntlan or rcpair ih xonomlcaUy feasiblo and I.ender's eecudty is mn Iessenod• If tha restc►r�tian or �
<br /> rep�ir is noi eooc�aneirally feasible or I.eMier'F sccurity woula be los�enod,the insurnnce prooad�shall bo nppHal to ttk Rums
<br /> securod by this 3aurity Inctn�mu►t� whethcr or nc�t then duc. with�ny excess pnid ta 8orrower. If Bnrrowcr nb�ndons the
<br /> E►rope�ty. or doa not answer within 30 daye a natice from Ler►der th�e the in5urunce carrier h�s o�fcrod to settlo a claim,then
<br /> Lender nu►y cotlat the inaunwnoo�prciceodic• Lender mry use the procveds�rr npair or restare the lPsf,►�erty ar ta psy sums
<br /> secured hy th9s Securiry Inst�u�.whether or nat then due.The 3Q-eta�y�x�uod!wit[�gi.n when thc noi�cc i.s gi.vctim.
<br /> Unless Ler�der �nd Sorc+owtr�ttierwise agrx in writing, ac�y apg[i�teon of�racerQ9 to pdncipxC sha�F nKic c�tnd or ;
<br /> pastpo�e the due d�te of thc r►�ont�.ly pnyments refernd to in pan�c�hs n and 2 nr change the�unount of the p,yma►cs. If .
<br /> urnfey ParaBrAph 21�ine Pruprxt��is.aW«a3 bgr I�enckr,Rorrowec"a cigh�tce e.�ey Insurance policiaa And Qrocerds res�elting fc+om
<br /> damag!to the p��opeKty prior to the aqquisitivn sMll p�ss to I�xder to�e xxtent af the sums secured by this Securi,ry Tirtsttument
<br /> irnrr�ediateiy prior tQ thc aoquisitia+�•
<br /> f.oaup�uncy,Pre�Serv�Noa,Maincenaea ana P'rotedii�+s ot t6e rrupaty;�orrower•s i.aa�n Applkattan:l.c�ei�olds.
<br /> Aorrower sha11 oocupx.esUblish,ard use the Prop�rty u t3amawer's principai tesidence wichi�six�y clvys aRer t1u;.�r�::ution of
<br /> thia Secunity Instnunent and sh�ll continue t�ocsupy the PropertY as eorrower's principal cesidence for at least one yau after
<br /> the dute of occupancy,unlas I.ender otheiwiy�ag�c in wdting, which cansent shall not be unreasonably withheld. or unless
<br /> �xtenwting circumstanxs exist which arc be�oad Bomowe�'s control. Borrowcr ah�i! not dauoy. danwge or ianpeir the
<br /> prop�rty�allow thc PropertY ta detrxiorxte.��rmmmit wa�4�, on the PropeRy Borrower shall be in default if any forfeiturc
<br /> action or pmceedin�,whr,ther civii ni ciim;i��..is begun that in Lender's good faith judgme�t oould rcsult in forfeitua of the .
<br /> property or dherve3:�::mateda�lx arr,pajr tlio�6��rr.�.;.�ted by this Securiry inst�ument or Lender's securlty interest.Barrower may E
<br /> eyte such a deiau3t eu��,-�a+,,.a�:;r.�r�esda:i:�;:�=g� !�,�y M!esing the acNon�r Qrocced'enst to be dismirsai wit�a mling
<br /> that. in I.ender's"gc+�zad fai4� 2'1�ete.��:ifwtiai, pc+a:tiudes forfs3¢�id�e of tde Fiarrower's irtt,esrst in the Property or dhe�.m�terial
<br /> icry�irment of the.laeh,�t+e���l;b;r t111s Securiry Instrumen= c��;1,tnde�'s security iMemest. Borrower st�ll also be�o•n��tefwlt if
<br /> :. Bomower.during�Mc l:�stra tlpjiliandon proass.g�ve materi�lly�i'�lst or i�.urate infurnia►ion or stattments to Lcn���er��c,rfdled
<br /> to provide Lendr.r�.+:d°rh.si:},ry mater�al infornwdon)in connect'ian with tha�J�rnn ti'videnad by the Note,inCluding.b�t.not limitod. ..• '
<br /> ' to,�ntations��ar��tf�ning Barrower's occupancy of the Proputy as a�:ir:cipal rcsidence.lf this S�am�aty InsQryi+i�f�t is on A., t
<br /> lasdatd. 8omower''slw�lf enrn;p��',with all che provisions af tlu lease. If�orrower acquires fee ta�>.:..QO the;�'i'dpaty. �he
<br /> 1�asetw�d and the fec tide sha�i pnt.:imerge unless Lender agrees to tho mcrger in wridng. • .• . �
<br /> 7.p�p��'�'�^,'�gfits(n tMe Prnperty.If Borrower fai1F to perForm the covtnants and ag�s t�nuin�d iR :.
<br /> this Security Instcomait. or therd js a 1�8A1 P�ing that may significanll�affect Lender's rights in tht Properry(such as a �
<br /> p�a,eed��6 i��bm,nk�upccy.prot�te. for ooncleirana4ion or forfeiture or to,emrFo�ioe laws or regulations).t}�en t.txKkr msy do and
<br /> p�y for wliatevu is neoea,wy to prntect th�vl,llue of the.Property and Iiendet's rights in thc propertg. I.ender's actiau muy �
<br /> include peying any sums secured by a lien which Fus p�+w��sy over 4his Socurity l�tn►enent, spparing fn couas. WY�S �
<br /> reason�ble attorneys'fxs uid entering un the Properry to inn�k:rtpairs. Although Ixnder may talce sction undcr t��a'���►graph ,
<br /> 7.Lender cioes not tt�pve to do so. ' ' `,, '�. ' �
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<br /> My unourts disbucsed by Letxkr under this puagnph 7 shail;beccitnG additional debt uf Borrower secut��i'by thiK�'� ;
<br /> , Se�vriry Instrument, Unleu Bormwer and Lender agme to other tern�s a'f,payment, tF�e.se amo�nts sh�1l bcAr intereas•from the' , 1
<br /> ciate of disbursement at the Ntri� rate and shall be p�yable, with interest. upon nqtiee frc�m Lender to Sorrower ►�equeadng `
<br /> MYma�t. , t
<br /> g�Mo�p�In�urance,If[.�nder�+equircd mortg+�ge insuru�ce u a oondldan of ivaking the loan securod by this 5ocurity .„ �
<br /> . Icntrument. Borrower ahall pay the prcmiums required to mnintain the na�tgage insuranx in effect. If. for any �aon, th�.' !_. I
<br /> mo�tgage insi►rance ouvec�e royuired by Lendcr lapses or ceases to be in effcxt. Borrower sht�ll pay thc prom[ums requfrod tq!` s
<br /> obt�in ooverage aubst�ntielly equivatent to thC mortgage insurance previously tn effect,at a cost substanrielly equiirstQ4.mt to tl{�:�. �' �
<br /> oo���!io Horrower of the mortgage insurance pnvicwsly sn effoct. ftom an altemaee morcgage insurer approved�Q3y; `Z.¢I?dtc. ��, ',' ,
<br /> sub�triiti�lly eyuiv�lent rnatga�t�nsurance covemge is nnt aveilable,Borrower shall pAy to[.ender each month ri'suin;ggual f�+!:'.. i
<br /> one-tweltth of�e�+;culy mortgage insurar�oe pmnium being paid by Borrower whcn tix insurance ooverage lapsed�r�sqsod;�� i
<br /> be i�e mftat.C.eriilez�.wili accept.use and rctaln these paynnents ac a loss rcstcve in lieu of mortgage insunu►r.�. IASS reserv.�, , . I
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