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<br /> . }? ifnOCrl����o�ods�at Leader8�o qf uitee1{�e Insdurra eucacrler provlding the insurance sh�ll be cha��Botrowe�r subJxt to �
<br /> Leader'e appmval which shdl twt be unreuons6ly wtthheld. If Horrower f�11s to mitn���8�����8�b
<br />- Leader may, tt Lender's option,obtair►covernge to protect l.ender's r�8hte 1n th�Propeny �__
<br />--. ' �, 7. _ —
<br /> p11 insurAnce pc�liciee and renewale ehell be �eeptabLe to Leader and shill include a etandud n�ortgege���aer
<br /> Lenckr shall have the cigiit to hotd the policies and renewale. If Lender����Sive pro�i�t noi�ixYto the insurancc �`:--
<br /> all reaipte of pald pmniwn+and reuewal aodces.In the eveat of lose, ��Wei. _
<br /> � �� csirrier�nd YA,Kiee.f�cadcr m:y m�e proof�f loss iP not mida promptly bY r�p �
<br /> Unleas Leader and Bomow�r othe:wiee agree in wciting,lasnraace proceais uhiiti b�.�p1{d ta aot les�seaed. If tLe =-
<br /> of the Propercyd��e d.i f t h e r e s t o r a t i o a o r r e p i i r i s economically feaulble md I.rnder's securtty -
<br />�`�,` . ,' r e s t o r e t i o a o r r e p a i r i s u o t e c o n o m i c a ll y feasible or I.ender's securlty would be lesacnal.the ina�rancep r o c a d s�1 b e
<br /> • �. appllod to the swns secured by thi I��no answer�withln 30edayaanotice from Lead e r yth�t� the ins duran�a carrlerrhas
<br /> " B a r r o w e r a b a n d o n s t h e P r o p e r ty, L e n d e r m a y a s e 1 h e p r o c c e d s t o�o�d wUl begin �r
<br /> offecrd to senle a clatm.then I.ender may coUect tue insurance p r o c e s d s•
<br /> , • the pcoperty or W pay sutn9 sceured bY thie Securlt}'Inst�u�►�' whtther or aot thm due.'I he 30-day pe
<br /> when the aodce ia given. g plication of pcoceeds to princip�l sha11 Aot eatend or
<br /> `' Uuless Leader and Borrower otherwise agree in wrifln ,auY�P
<br /> ;:. postpone the due dau of the moathly payane�►ts refernd to in p�raSraphs 1 snd 2 or change the amount of the paymeaW If
<br /> . �
<br /> b 21 the Property ie acqulred by Lender.Botrower'e dght to any insurance l�olicies aad Procade resulting
<br /> � . � ����ge O thc prope�ly Prtor to the acquisition chall psss ro Lender to the exteac of the ewws saw'ed by this Sxurlty
<br /> yp,yu�w�ent Wu��liatcly rior to the ecquieition. g�.��,�.'s Losu Applk�Non, � --
<br /> u�m �.r,AUon, Mainteaanoe and Hrotaxlon oi tho Pro�aiy;
<br /> . ,._i.' 6. Occupwncy, as Borrower s principal residence witbin siaty days
<br />- � I,eASehold�.Borrower sliall occupy, establlsh. and uae the PropertY p�ty
<br /> after the execudon of Wie Security Instmment and s��ll contiaue to occupy the�3n wri�u'ng WWch�cons�eAip hall ao�
<br /> 1: .,; for et least oae Y�d ar unless xun tinPg�Cycircum�ata�agas t�is which�b�Y�d$On'°wer'e control.Borcower sh�U not
<br /> ;,':, �0�1y�� , rty ow the Property to detedorau or com�nit wesce on the Prop�rtY• Barr�wer
<br /> = r.. � destroy. damage or i�air the Prope . aU ' that in Lender's good falth
<br />'^'" '''`�" shall be in�default if any forfeiture acdon or pmceMing,wh�ther civU or crinninal, ia begun
<br />- ` ,., gudgweat could tesult �n forfeiture of the Property or �therwise matedally im�au We liea ccratod by this hSa8urlb
<br /> _,�.,.�
<br /> �'R.��� �ASaumeat or I.eader's sec�inurest. Bomower may cure such a deiautt and retustate�as provided�a paragra�p 1 . Y
<br /> 4 �t:,'� to be dismissed with a ru1iag that, in Lender's good faith determinaGOn, Precludea
<br />�r�t�c 3"�. • C2�us3Ag t11C eCdOA 01' p S oT oth0[ malerlal 1 �irnient of the lien areited by this SocuritY
<br /> - `.e :4:; ' forfeiture of the Borrower's iatcrest in the ProP��Y
<br /> �� `" � Insttumeni or I.euder's securlty intenst.Borrower shall also be in dofault if n+nwcr.dur�n the loan�ppl�cation procesa,
<br /> �K��;i,:�_•,.
<br /> ---" '°,�- . . ga�c m:teslslly fpt�: or Inaccurate inforn�atloa or etatements to I.ender (or failed to mv de Leader wlth u�y materl�l
<br />__,y';•�1�. _ �� .� rr�eentations concet�sin8
<br /> .1 i;,, , ..�, information)ia ccmnocdon witb the loan evldenced by tue Note.inciuoinK,���`����Qa am-'�old.Borrnwer ah�li
<br />=-=°"'�Tw�,�: Bomower'e oeeupaney of the PropertY as a Prineipal ceaidence.If this Security
<br /> �; tho leasehold aud the f�tit1�
<br />�;:�_,.'s�;..; co�ply with a11 tiic provieions of the lease.If Borrower scquires fee tItic to the Properiy.
<br /> -__�-�,�; shall not mcrge unlesa Leader agras to the merger ta writing.
<br /> + If Bocrower f�ils to paforn►the ooveaa�►ts � a �
<br />��,�►-� 7. Protectioa of I.ender s Ri�hb in the Yroperty. ��y si[tuifiicAndy affecc Lender's ri ts la the
<br />'...'":,,,_s�a'� contained ia thie Securtty Tnstrument, or there is a le al P�°g ations),
<br />� -'`'��`�'� Psoperty(such as t proc�n8�b�ptcy, Pmisue.for wndemnatioa�or fodelture or to eaf��er�e rig�hu ia the
<br />��-L""'-,,,�n� th�n Lender may do and pay for whatever is necessary to protect the valuo of ttte PropertY
<br /> '°"� Leader's aetioas may include paying �ny suma secured by a liea which ha+ pdorltY ovec thls��ur��!
<br /> �0�rty' in�ourt,paying ceasonable attomeys'foes aad enuring on the PropertY co m�1�e repa��s• 8a
<br /> ---.._.__�._: ��tuent,ap�eariaB
<br /> -- ������`� Lender Ynay t�uce action uader thi� ara h 7,Lender does not tu�ve w do so.
<br />-:,':r,-� Any sarwunte disbureod by er uader thia paragrePh 7 shall become addit these aa�ounts stull bepc iaurestYfrom
<br /> - =::�^-�i Security Instmmeat. Unlesa Borrower and Lead�r�gra to other terms of paymen,
<br /> Inst mea
<br /> � the due of diabursenxnt at the Nou rau snd sh�ll be payable, wlth lnterdt. upon nodce from Leadn to r�°W�t
<br />___ -----� requeadng payment.
<br /> 8.Mort�a�e L�vrana. If Lender requind mortgage insurance�a conditioa o C�nu�in ffec�lf�. for anY
<br /> __--;�� Securicy Inatmment. Bomower ehall pay the pn7uiumg ro9ui�d to maintain the moit8�8
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<br /> reason� the mortgage insvrance coverAge re4ulrod by Lender l�pses or ceasea to be in etfea� Born,wor shall pay e
<br />____:::i� ivalent to the mortgage in�suraaca pravio�sly ia effect� t�t a oaat
<br /> � sub�s��lyTeq�tent to the cosa t�o Borrower ofihe�mortgsge insarance prcviously ln effxt.from aa a:temau mortgage
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