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2� 15�8211 <br /> $orrower}un.der aI�insuranc�pa�ic�es co��r�ng t��Property,insafar as such r�gh�s are app�ica���e to�he <br /> Gvv�rage vf the Fro�erty,�,ender may u�e the insuerance proceed��ither to repair or restore th�Pro�er� <br /> or to pay amaunts unpaid under the Note or thi�Security Instrument,whether vr not then du�. <br /> f�, ��cup�n�y.Borr�v�rer shall occupy, establish, and use the Property as B�rrower's �rincipa�residence <br /> within�D days af�er the e�ecuti�n of th�s Security Instrument and shall continue to accupy th�1'roperty <br /> as Borrower's�rincrpat residence far at�east on.�year af�er t��date of oceupan��r,��1ess�,ender <br /> determines that th�s re�uirement sha�I cause undu�hardship for th�Borrawer ar unless extenuat�ng <br /> cucumstance��xist�vhich are beyand Barro�rer's cantr�l. <br /> �. Pr�servat�on,�Aaintenance and Protection of the Pr�perty;�nspecti�ns.Barro�er shal�n�t <br /> destroy,damage or impair the Property,a�low the I'roperty to deteriorate or commit waste on the <br /> Propert�. �orrovver sha��mainta.i�.the Pro�e��r�order��preve��the Frr�pe�-ty from de�er�o�'a�i�g or <br /> decreas�ag in value due to its condition.Unles�it i�deterrnined pursuant to Secti�n 5 that repair or <br /> restoration is not economically feasibl�,Borro�ver shall prompt�y repair the Prop�r�y�f damaged to <br /> av�id fur�h�r deteriora�ion or damage. If insurance�r con�emnation praceeds are paid in con.nect�on <br /> u�ith dar�age to the Prapertyg$�rro�ver sha11 be responsible for repairing ar r�storing the Property�n1y <br /> if Lender has released proceeds far sueh purposes. Lender may disburse proce�ds far the repau•s and <br /> restorati�n�n a single payment or in a�er�es of progress payrnents as the�vork is com.plet�d. If the <br /> ins�.rance or conder�ati�n praceeds are not suff�c��nt ta Fepair�r resta�e the Praper�y,�arrovve��s not <br /> relieved af Borro�ver'�obligation far the completion of�uch rep�ir or restaration. <br /> If conder�natian praceeds are�aaid in connectian with the taking of t�.e prflperty,Lender sha11 apply such <br /> proceeds to the reduction�f th�inde�atedn�ss under the Note and thrs Security Instrument, first to any <br /> del�nquent amounts,and then to payment of prin�ipai.Any appiication vf�he proceeds to ti�e pr�ncipat <br /> sha��n�t extend vr postp�n�t�.e due date�f the rrionthl�r payment.�ar�hange the amount a�such <br /> payments, <br /> Lender or its ageat may make reasonable entries upon and inspectians of the Property. If it ha� <br /> reasanable cause,Lender ma�inspec�the�nterior o�'the impro�ements o�the T'roper�y.Lender shall give <br /> $orrower notice at ti�e tin�e of or pri�r to�uch an inter�ar inspectivn specifying such reasanab�e cause. <br /> $, Barrower's Loan�pplication.�orr�wer shaii�e in default if, during the�oan app�ication pracess, <br /> Borr��e�o�-an��ersans vr�ntit�es acting at th��iirection of Barro�ver or with Borrower's knowl�dg�or <br /> consent gave mat�ria�ly false,misleading,or inaccurate infornzation or statements to Lender[or failed to <br /> provide Lender v�ith material�nf4rmation)in connection with�he LQan. Material repre�entatians�nclude, <br /> b��are nQt��mited ta,representat�c�ns c�ncern�ng Bvrrower'�ac�upancy of the Pr�pe�a��vrro�ver's <br /> principal residence. <br /> 9, Prat�ctionaf Lend�r's Int�rest in the Propertyand Rights Under this Security instr�um�nt.If <br /> �a}Borrower fai�s t�perfarm th�coven�.nts and agreem�nts contained in this Secur�ty Instrument,�b} <br /> there is a lega�pro�eeding that might signi��antly affect Lender's interest in the Property and�or rights <br /> under th�s Se�ur��Insfirun�ent(such as a�aroceed�ng�n bankru�atcy,probate,for condemnation ar <br /> forfe�ture, fvr enforcemer�t of a lien which may a�.ta�n pr�vrity o�er this Security Instrument or t�enfor�ce <br /> �aws or regulations�,ar�c}B�rro�er has abandaned the Proper�y,then Lender may do and pay for <br /> w�a�ever i�re�sonabte or apgropriate t�protect Lender'�xnte�es��n the Pr��er�t�and r�g��ur�der th�s <br /> Securit�r Instrument, includ�ng protecting andlor asseSsing the value of th�e Prope�`�y,and securing andlor <br /> repaising the Property.Lender's ac�ions can inc�ude,but are not limited to: (a}paying any sum.s secured <br /> FNA D�nf Trvst Wlth MEF�S-NE 9130l2a14 <br /> 9ankers Sys#emsT�" VMP� VMP4N4NE]�1546}.4� <br /> Woiters Kl�we�-Fina�ciaf Services Page 8 of 17 <br /> qU334G84373� U�33 334 �811 <br />