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<br /> __— ---- 93�iat►1�4
<br /> ° �-�--m-�-T-°�---- periods that Lcndcr requinee. Tho insurrncc carrter providing thc insurance shall bc choscn by Borrower subject ta Lcndcrls
<br /> - — opp�orr�„1 whieh shall not be unrcasonably withhetd. If Borrower fnils to n�ainluio covetage described above,Lender may.at
<br /> _"�- - - Lender'�opioa.udain coverage to protcct Lcnder's dghts in tbe Propeny in accordance wi�h paragraph 7• --
<br /> ��� - AA�ias�cwrce policies m�d rcnewals rihall be nccepteblc to L.ender wd shall include u squtda�d mungage clauca. Lender
<br /> � sha[t have�he right to hold�hc policies and ncoewals. If l.cnder requires,Bartawcr shull pmmptly givc lo Lender all roceiptR
<br /> � of paid pnemiums wid renowal naices. In thc event of loss,Borrower shall give prompl ndice lo tho incurance cortier and
<br /> ``` I.aMk�. I.enc{er may make pmnf oP{oex if nd mwde pnmptly by Bcxmwer.
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<br /> ,;_; ' Unless L.epdcr and Borrower dherwi�e agroc in wd�ing,insurance proceedK shull be applied to�stor�tla�i a�epair of _`
<br /> Ihe Ny dunaged. if�he res�unuian or repui�iA e�vnumically fraribla unJ I.endcr�serurity ie�wt Irr:�ened. lf the °"'
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<br /> �storat on ar rcpAir ia nw econi►mically fcaFiblc or I..enderS�sccuriry wuulJ bc lesscned.�he insurarce pmoeedx shall be
<br /> - �pplied to ihe �um�securcd hy �his Secu�i�y InstNment, whe�her nr nc�t �hen duo. wfth nny eKCesv puid to Bonower. IP
<br />`�:,�1' Bomawer abandon��i� Prapcny,or dacs nM unswcr wlthin 30 day�o ncMice (rom Londcr IF�1 lhe lncurtuuc cHrfer hw�
<br /> — oUerod ta►dtk a c1�im,�hen I.en�ler may collect�he imuraixe pnx�eedr. l.ernler m�y use�he praceeds torcpair or rcstore
<br /> __ �,-,��� 1ho P�vpehy o��n p�y rum��ocurcd hy thir Security In.l�umenl.whelhrr�K na1 U�rn dur. The:3tWay perbd v►�II t+e�in wha�
<br /> — =------ Iho not�rc Iagivrn.
<br /> -- - _ -- Uok«Lender wwi&M�►wer�whenvi+�e u�ne in writing,uny applicu�i��n M'paxee4i.r�a princip�l shall not extend or - -
<br /> -- -- postpam Ihe duo�Iwc�►f Ihe m�m�hly�wYmcnt+:refernd�o in�rogmph� I wid 2 or change�he wnount af the puyments. If
<br />� uMler puayr�eph 21 �he Pn�chy is u�quinYl by l.endct.Bc�rroa•cr��ight �o uny inrurnncc policles wid procaeds�esulting
<br /> from d�urwge tn Ihe 1'n�pehy priur In the acyuicilian►hall �w►r In l.emier Io Il�e exlent aP 1he cum�secu�d by thi�Security
<br /> ����°�. Inurumant Immediatcly or w�hc ucqu�i�ition.
<br /> �x�. �s � �P�!'� �Ibn. M�IntenAt�ce �nd Pro1cclMm u� Ibe PropeNyi Borrower's I.aan Applkatloni
<br /> � � '•1t� I.easebold� Hc�ower nhall accupy.e��abli�h,and use ihe Propcny as qnrrawerS principal rc�idence within sixty d�y�after
<br /> � tbe nzxwian of�hir Security Insuumen�and sl�all cat�inue w accupy�he Prapeny a►Bomower�s principal nesiciaioe for�t
<br /> ':'�" les�s o:te Yesr aRa thc d�te af cxcup:utcy. ankss l.:adcr aihe.ncl,.e .+graer io wrlii�ig, whtch cansent slsatl �i ba �
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<br /> ' *�t��'�;;�� unrcasorwbly wl�hheld,or unless extenuating circumswnces e�iat which iue beyond Borrower R cantml. Aorrower slwll r+ot
<br /> �:, � � ;' '�:. des�ro daa�x e or im afr the allow the Pro rt to deteriorate,ar commit waste on the rt Borrower shall
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<br /> ' • •f be in dcfault if any forfeitum ectian ar proceeding,whe�ht:r civil or crimin�l,i�.begun that in Lenderk gaod fuith judgment
<br /> `�'+�'��:��';<�r'` could resuh in forfeiture of�tie Prapeny or aherwise materinlly impair the lien crcuted by this Securiry Instrument or
<br /> � ' •;s��'''�'r� Lender x security interest. Bomawer may cure such u defuult and rein�tate,us provided in pamgrnph I$,by ceusing the Aclion
<br />_ • •T� ����'•;�`;•y. � or praceeding to be dismissed with u ruling that,in Lenderk good fnith dcterminwion,precludes forfeilure af the AorrowerS�
<br /> � ,��A,,_,-;,�,s;�� interest in the Property or aher muterial impairment of the lien created by this Security Insuumem ar l.ender�s secu�ity
<br /> interest. Borrower shull Also bc in defuult if Borrower, during the loan upplkution pracess, gave materially falsc or
<br /> r=� �� t; ' '�`� ;��� � inaccurate infomiution or stutemenls to l.ender lor fAiled a provide l.ender with uny muter�ul informalion)ia connection with
<br /> '� '''`� ���:•:��'�`' � the loan evidenced by �he Note, including, but nat limiced lo, repretientations conceming Borcower s occupancy of the
<br /> • � ,.. "'� ,n� Pioperty os�principa)residencc. If this Security In.4trument is on u leu.sehald,8orrower shall cwnply with all the�xovlsions
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<br /> •= � ._ ""�''�----� af ttte le�se. I f 9orrourr acyuires fee title so the Prc�prriy.st�kaxrrhold as�d thc fec tiilc�alt a�s mcrgc unlccs l.cadcr a�ecr
<br /> ' '� ' � , m`����~�' to the merger in writing. �
<br /> '- ..,� ;���+'�.�'�; .�,;, 7. Pro�eclian of Lender's Rigbts in the Prope�tv If BoROwe� fail� to pert'cHm ihe covenaats and agrcements .
<br /> � , ::c� �'v�t::`1Y«��`,.' contained in�his 5ecurity Instrument, or there i� a legul praceeding thnt mny tiignificuntly affect Lender� righGc in the
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<br /> ,;.�r i.j.l.r,. . Property(such as a roceedin m bankru c robate,for condemnation ur fod'citure or to enforce lawt or re ulutions),then ,
<br /> -�-. Lender mav do and pav Por whatever i+necessorv lo protect�he vulue of the Pn�perly and Lender s riQhls in the Property. _
<br /> �-------:
<br />..;'�.� �,r����s�� l.enderc ac�ions may include puying uny sums secured by u li�n which has priority over this Securiry las�rument,appearing �_
<br /> t,. y :•�r.,�-;.�, ,.; ,- M court,puying reusonnble Attorney.c'fees and entering on the Pmpeny�n make rcpuin.AUhough Leade�may take action �:__
<br /> • � ,, • ' under this parc�grnph 7,Lender dces not have to do xo. �_
<br /> = �s��� � Any simmounls disbur�ed by l.ender undrr ihi�paragruph 7 xhall brcome :Niditional de6t of Bortower secured by this ' �°�
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<br /> � ��'',� ••� ""`'' � Security Ins�rument. Unless Borruwer nnd Lender agrcr to wher�emis of paymen�,thesc amounts shull bear interest from the —.�_�
<br />'�; � ���,, �•,,;:`:,��'r�ys��' . date of disbur�ement ut Ihe Nate rute und shAll be puyubl�,wi�h in�crest,upan nwice From Lender to Borrower reyuesting ;,:',.
<br />,::�g; '.,�+��;r`�"s��,;'r�j►.'.'� PaYment. .
<br /> _ ,r�,.,-�:n.'�•••� 8. Mortgage Insu�ance. lf Lender required mongugr inxurunce u.ti u candition af maGcing Ihe IoAn secured by this {'
<br /> h ������' Security Ins�rument,BoROwer shull pay the premium. reyuired u� muin�uin�hr mortguge inaur.utce in elfect. If,for any
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<br /> ��`"'�� ' reason, the mott a e insurance coveru e re uir..d b LenJer lu .e, or rcru. �0 6e in effec�, BoROwc� shull a the ,�:'
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<br />- �•�'• -�'�'z+�•�;;�� � prcmiums rcquired to oMain coveruge subsluntinlly equivalent to thr mungugc inzurunce previously in effe�:t, at a cast 'T•
<br /> r d ,.:.�� �'� substantially equivalent ta the cost�o parrower of the moh�uFc in�uruncr prcviously in effect,from un altemaGr rte�wcg�.re � � •'•.`:'�
<br />= n �' ''•`- ' insurer approved by I.ender. If�ubstuntiully cquivulent mortgagc imur•rnc�cnvrragc ix not uv;�ilable,Bosrower:eln;+C4�;ay ao �'
<br /> '�, �u:���,,,_ '•?t,��,;n; Lender each month u sum eyual�o�me-twelfth of Ih�ycarly monga��insurancc pnmium being paid by Boreawer w6�n nP�e �
<br /> •�� � `�s��.:• insurance cuveroge lapsed orceused to be in effect. Lender will nrcept.u.e and re�uin the,e paymem.a.a:Iu�.:rexerve in lieu -
<br /> -•��`: ;.!`'��• • •.;}�.�* ,± of mortguge insurunce. Losx reservr paymen�s rt�ay nu longer he rcyuired,x �he option of Lender.�f r�ongage inwrance
<br /> `• •� ' !�°i7�• coverage(in the a�nount nnd for the periad that Lendrr nyuirc.l pnwidcd hy un inaurer appruveJ F►��Lender ogAin becomes
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<br /> ` ''t `''`�{';�J(�.� avuilnble anJ is obtuined.Borrowcr shull puy the prrmium.nyuired�o�n�imain iix�nguge iaxur.ma i�efd'eci,or to pmvide a +��
<br /> ' `'��}`•;�e��=�k•1 loss reserve,until the reyuirement for mongAge inwrancc rnd�in urcordunre with uny wrieten agreumr�t between Borrower
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<br /> _--- und l.ender or�ppliruhle low. �'��
<br /> i•�"'�'•�''� °+ 9. r lon. Lcnder or its u �nt ma makc rcu.�►nuMr cntric.u Ni anJ im �wm.a.f tF� IPru � Lender xhull
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<br /> • �;�',-•.•�'4':.•,'f:•': '"� , �Ive Borrower notire ut the time of or prior�o un in,�xr�ion.prrifping rcu�unaMr rru�tiN the in+ptction.
<br /> r;: � `� , .�.... . ? !0. Candemnation. 'llie prcxredti uf imy awarJ�►r claim I'or Jam��grs.dircrt�K con:��,uenaia6.�n:•nnnzrl'tan with any. , �
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