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<br /> petiudr�hAt I.ender roquirca. The incw�nca ca�rier providi�tho ioeurunce nhull bc cha�cn by Bartower aubJoct ta Lenderti
<br /> app�oval which alWll nat be wuratoru►bly wi�hbeld. If 8arrower fwita to mpintain covemm$ee descdbed pbovo.Leoder tn�y.�t
<br /> --�° -�-�-- I.ender�optian.�bt�4i��over�e to protect t,endcrk►i�ht4 in thep�peny in occardwxe w1�h p�graph 7.
<br /> A11 insurance policios�nd nenewals�half bo axepuible lo Lendcr iud shall includc a slwndatd mat�A�o cl�ucc. L.e�er
<br /> slWl havc the ri�ht to hold the poNcia and renewals. !f Lcnder roquires,Borrower�hall pramplly�ive to Lender�II recefpls
<br /> ..�°_ of p�id pr.miums and t�newd ndices. In tlx event of lass,Bwrower shWl�ive pron�t iwtice a�he inwranco cqrrkr and
<br /> l.eMer, l.ender may mdce proof of lo�x if not m�de prompdy by Borrower. __ _
<br /> �---- - -�--3 UMess Lcnder end Borrower utherwisc agree in w�i�ing,insurancc proceed.v shall be applied to trstorntion or rcpair of �.,Y
<br /> � - the P�opMy damaged. if the roslar+�dan o� rc�wi�iR economically fcasible and l.rnder�security ia nat less�ned. If tho
<br /> mstor�tian or rcp�ir ia not econamically feweibla or Lender`s security would be lescened,the inaurnnca procee.ds shall bo
<br /> applied to�he sums secu�d By this Security Instrument. whetber or nW then due. wl�h any excess puid to Bortawor. If
<br /> -_ Bomnwer abandons the Proparty.or docs nat unswer within 30 days u notke from I.endcr�hat the incur�nce carricr h�s
<br /> � oiie�ed�o settle a claim,then Lender mpy collect the ineuroncv proceedc. Lender may ur�e the procads to�pai�or realore
<br /> the Ptape�ty ar to p�y sums socured by�his Securky In�trument.whether ar not lhen due. The 30�duy poriad will begin wheen
<br />�: -__ ___ tla�wtice is given. F•
<br /> :� Unless l.ender and Bonower dbenvise�g�ee in writm`,uny a �catiao of proceeds to principal s!r•,�II nd exter�d ar
<br /> .`, posrpave the due date of tUe mauhty payments refcrmd ta ia�xa�mp�is 1 iud 2 or ctwu�ge the amaam af'Qi�r paymerKs. If
<br />_==.;.ti+R ` �'� tmder p�arqgt�ph 21 the Propeng�i� acquued by Lender. 8urro�nerh right to a�y insuauece policies and proceeds rcauYtitq,t
<br /> _.:-"�'=.-.';.�'=•,.,=— fram dwnAge to the Pr��pe�ty priar aw the acyui�itian shall pau tv l.ender to U�e extent at the sums secu�ed by this Serurlry
<br /> _.�,��:�`�: Iastrumdtt immedic+tr.4y prlor to the acquisition.
<br />..��:;°r��. �` 6. Occup�ac}: �Preservatlon. M�Inteaa�oce and Protectlan oi 1�e Property; Borrawer's Loam Applkatbai --
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<br /> .._�:,�,, + I,eacfpqWa. Borrawar shall cecupy.establish,and use the Praperty os Barrawerk principal inesideace within sixty days after --
<br />:.:�y;,_�=.• �� , the e�ecutiop of this$ecurity Insuument and shall continur to oa:upy the IPe��ty ac Barrow�rE pdncipal residence tix at �-
<br /> -_ !�` kt+.vo u� year uflM tltt d+NC of oce�ipnncy, rnlrRC lenctrr •qhetwiee a$eees in w►i9en�, which conc�n� xhall neu he .—
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<br /> :::,: ,F�,� unnea�onably wiQr,he1�J.or unless extenuating ciocwans�ances exis�which arc b�yand Borrower�cantml. R�+�re►wer shall not
<br />�;�T'�j dstroy.damage oc artn�pair the Properry,allaw the property to detcriorate.n�r r�:nmit waste on�he PYaipr�ty. Sorrower shall �•'••
<br /> - be it�default if any.¢orfeiture action or proreedi�g,whether civil or crimie�aC, is t�gaq that in Lender;e��1 faith judgment �'�
<br /> '-'k could result in forfeiture of the Propeny or wAerwire ma3e�ially impair thr lien creat�d b� t�is S•ecurity lnstrumem or —
<br /> " Lender�a seeurity interest. BaROUe�may cure euch a defuwLt A�ncl reinstate,as provided in¢�:u�cauph �8,t+y causing the action �=-
<br />' � ,;.�si� or proceeding to 6e dismissed�i��n rulfng thsu,in Lender�g��;xl faith determination,precludes forfriture of the Bwrower's . —
<br /> interest in tho Property or othe�rr�Aterial imp�airr,nent of tlx lirn created b� 1?�is Security 1nstJUrraent or Lender�s securiry =
<br /> iatenesG Bomower siwll alxa be in default it' �orrower. during the loan ao,plic�tion process, gave mnteriafly false ar "�v
<br /> - t i�ccurate Infornxuion or sw�emi�n�s to Lender lor failed to provjde Lender wich any mateiinl informAaiu»e i�a connection w9�h —.
<br /> =`- the loan evidenced by the dy'w�e, including. but not limi�ed to, repneseniu�ions concsr�ning �arrower s occ�pancy of the �-
<br /> -_ ___ Propeny as a principel resideu�e. i�F tbis Security Instrumeret is a,+u lansehald.8orrowar;hn�ll camply w�th o91 thr provis8ons
<br /> •� !� �' y . of the lease. lf Harower aCqui�es fe:e tiUe to the Propeny,�he Ica�e7wld aad the ice tiUe shali rwt merge unless i.er�der ugrees __
<br />- ry;4: �, , � to the mcrgcr in writing. ��..-
<br /> �' 7. Pnotectla� aG I.ender•s Rlghts tn the Property. If Bortowe� t';�ils to pert'orm the covenams and agrecments —
<br />-'-`��� contained in this Security Insaument, or there is u legul proceeding that may significantly nffect Lender�s rights in the �
<br /> v�'� Property(suoh ae a proceeding in bankruptcy,probute.for caKk^mns►tion or forfei�ure or to enforce Inws or regulation�s),then ����'"
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