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<br /> S. �K lhape�ty Uwra�roe. Hamr�►ww �hall kap t6e i�ap�vanallo now eaialn8 �r hercafler eratied oa tbe
<br /> ,.�.,_ Propaty imurod a�iast lass by fi�,hmrds included wkhia the tem�"extandod cove�e'and any ahe�huuds. iacludir�
<br /> _ — floodt cr floodi�. tar vrfilch I.aider iequie�a i�sura�oe. 'lbis inw�+e ib�ll be m�int�lnal in the unounts and tor�he period�
<br /> ------ - - • tiiM irend�r rapits�.'R�lasu�wrrier pmvWit�y�he inwr,�acc�wll M tlioccn by Borrowe�wbjoct to l.crWn'i approvt! _..
<br /> �ich�II oot be unnaaon�Wy arithheW. If ltonower fiila w mai�wain cove�e described abovo. Leoder m�y.at L.rndet's
<br /> � aptim,abtaia coveit�e w proted�.reader's�iQbti io dio Pna�paty in aocatdaoa with pa�aph 7.
<br /> �`.'� • All lns�uanoe polkia and ne�ewals sh�U be aooeq�bte lo Lendcr aud�I�sll include� sts��d mang��c clwu►o. Leedcr
<br /> �y. �y���� ciw11 iu�va ihe�ipRt ta IwW ttte palicfes artQ raxnah.If l.endet roquirc�.Borrower sMl1 promptly give�o t.aider dl aoaelptc af _:�
<br /> -�. p�id pnmiums aad tenrwd nwices.In tl�e event oi lass.8omower sh�ll give prompt aaioc ta Ihe inwrance carric�and I.cndcr. � ,
<br /> �. i�oder m�y mwlto proot of loss if not rt�de pmnpnlY bY BOrnawe�.
<br /> �`• " Unlas�Ladcr+m�1 Honowcr dherv►rice�{gaee in writing,incu�provoalc sludl be�ppliod to rc.ctoration nr ncpair of�he
<br /> ��:,;;ve,. Pcopnty d�a►�Red. if thc rostar�tfon or npaiir i�aoonomic�lly k�siMo and I.endar's s�cu�l�y is not ksscnal.If thc restoratbn or _—
<br /> �•� : . �ir is aat a�onomically fasible or I.�cader's sav�ity would bc lessenod.the inwancc pm�.�oodc shall bc appliod�o the wms ___-
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<br />_ -� ';,fi soaued by this Secu�ity lasuun�em.wbether or�wt thcn due.with nny ctcoess paid ta Borrower. If Borrower abandons the --
<br /> _,- -�-==`'` � P�operty.or does eot answer wiUun 30�d�R a noticc fiom I�eader tlut thc inwranoc cartier Iw�s oi�'eired�cr seqle a clvim. thcn ;�._
<br /> — --- ------- Laider aa�y oalbet Ihe iosu�noe proce+eds. laader ma►y use thc pr0000da ta �ir or restae tM Pn�peety or�o pay sumc
<br /> T � �„� aeaued by d�s Secutity h�t�umd�t.rhe�her o+r oat then due.The 30�d�y pc�iod wlll begin�rhea the natia:is given.
<br />_� T � ''�'� Ud�ss Lxoder�Bonro�xer al4enrise�roe io .wriRin�. any application af pmceods to prie�cipa0 sball not extend or —
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<br /> , _rJ�4�. wIL dlwe diMe of the montWg pm�ra�enta D�+B P� P�Y
<br /> _- � �",`�, ' ." `. � �eferrod to io ra 1 and 2 or chang��i�e amouet me�sts.
<br /> . - .i;��� nnder pav�ra�Ti the P�upe�ty is ao�ueerod by Lender.Borzo�rea"s�ght to�ny insuranoe policies a�ad p�oveods ae9ultiag Gmoom �,�
<br /> �� `k'ii' dwu�e w tbe Prapat�r(pri�r Ro die�oq�aaitba shtll�ss to I.eader�i the euta�t of the swas se�ed by tbis Smcarit�r I�a�o�t �._�_
<br /> .. f�'�.�"`• �aodiwtely prlor to tOrc r�a�:.�++�io+a. _
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<br /> � ��`Nrf -^��''s;;, . . �,Oocsp�r.y,Pr+we�sA0taa4�oe�ad PtnlectiM ot tbe f7opert':�iomnwa''s l.w�i Application:l.eaed�a9d�. �,-
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<br /> - i..�" �:, �j..ry;>. Borrow�er s6a11 aocupy.e�lis6,and us�ti�e PropeRy as Borrowrr's principal��esidence with�n sixty days aRer the exe�wion of
<br /> _ 't� ` �S tbis Se�vdty lnsuummt aad shall con�inur to oocupy the Pnope�ty as Borrower's principal resid�na for at least one yeu aflcr ��:`-'
<br /> :`�• � � 'I ' thc datc of ocapanry.unkss Lader otherwise�s ia wridng.which oonsent slwll nd be unreuson�bly wi�ltiAeld. or unks.s
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<br /> f; � .•�° �.��•�''M1` ex�nua�qg cina�aa� ezlst wh�h are beyoo� I�.�:�rower's oontrnl. eorrower shall not destroy, d�n�ge ar fmpair ihe �,
<br /> . _,, P�opetty.albw the P�r►pMy to detaiorue.or comrnit waste on tiie Property. Borrower shall 6e in defauh if any firrfieetut�e -
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<br /> _ ., ':.; 3 `�.f..vb�j.'� ;,. �ction or peiuoaoding,whett�er civil or crimioal.is begun dwt in i.ender's gaod faith judgment cvYki resuk ia forfeiture a►t'�rz �":--
<br /> . ��_�'.�'�;:,°,,:r` pr�nperty oroRltietwise m�te�Wly imp�ir the lien croatod by thi�Sacurity Inctrument or Lender's se�v�ty interest.Hartowe�rt�ay :::�'
<br /> , .. ,�� .•'�`� cu�e wch�d�efswlt pnd�■�.as providod in p�g�ph l8.by causing the act�on or pnxoeding to he disa�issed with a ruling ��
<br /> �..,,. :� � I that. in l.eader'a gooc4 ffaaw�determination, procludes forfdturc of the Bormwu's interect ia the PropeRy or other material r�_
<br /> ' � _ ' --�.�i , iaqui�a'�t� !�ss°.,.Y.tc!by' lhis Ssnst'sty lnst�um�nt �r La�de�'s security intercst. Bor�nwer shall also be in defaup if �
<br /> , � •.� -T; •��;'�;�, Aorrower,�xfiag the lo�a applicatiou�woess,gave materially i�lse or inaccurate infomiataa or�temen[s to Lender(ar f:.uled �-
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<br /> -�.:,�.. .a •,��,., . ;r��. t o p ro v i d�C�.�.�O e r w i t h a n y m a t e r i a 0 i d f b:,m ro t l o n)i n o o n n e c tion w�th the loan evidenced b y tBie A:��v:,includin g,but not Idanalod s
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<br />."•u(};�+� . �,, to.apasen'ratioas ca�ceming Horrower's occupAncy of the Property as a principal residence.Ofi Yhis Security Instnrmem iti on a �:_
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<br /> fasdwld. Borrowu shall comply with all the pr��a�ions of the k�sc. If 8ormwer aoquiros fee tiUe to r�e Propert}',�tlm �;-�
<br /> �j_''—� — -_----- _ ls�oM an�tlie fee title shall not me�e unless:.c:a3;.r agrxs to tl�e mcrgcr in writing. �_.`-
<br /> --� '""'''•"'"•' q.pnatecUOn ot I,eoder's R{�ips,y t6ie prepe�ty.lf Barrowea fanls to perform the rnveounls and agrecrnen�s contain.tid in ��_.
<br /> _L''• � �'�!��'` ,� this Security Inspument,ar thert as a�ega!proceeding that may sigcrAGrantly ofi'ect Lender's�i�hts in the Property (suclh�c a [�,�:,;
<br /> =;_ "�' � '. procaodiag in banknpccy,pr,ob�a.fa: caoda»nation or forfbitune or t�er�6�e laws or r�egulations),thea L.ender may do a:wN: �--
<br /> .�'� ,� - paY for whuever is�:sssan�•aa'�az�dect the value of the PropeRy and L.c�r�er,'s raRhts in the Propeny. I.ender's xtions rt�;: ��,
<br /> '� ;r.;�,,;�°,••�:'� lnclude paying any sums securet9 Dy.a lien which has priority over thls Sr��,:r,4sy Instrument. appearing in couR, psiying ;�'�
<br /> �s���. ' ,. , � ��""` �ubk moraey�'faes and enteria� a►�the PropeAS'to rrwlce�rpairx.AlNaugh l.ender may eak�t action under this pa�gaa�lh
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<br /> 1 r '� 7. L�ender does not have to do so. �`'�=
<br /> �'"�':�;' �;'�'" . h 7 s1w11 becrome additional dc'bn of Borrower seeured chis �''•-
<br /> .�.s••. :,c�r��••�• p, My �;meounts disbursed by Lentler under this paraB�P � ��e
<br /> + . ;•., �^�'% . Sxurit�1�at�ument.Unless Bormwer and l.ender agree to other terms of payment.thesc am�wnts shall bcar ituerest fco�the ..._
<br /> .�,��.^,i. due Qf dosbu�sement at the Note r�te and s1�a11 be payable. with interest. upon notice from L.ender to BoROwer requw�iag �"`"_`
<br /> -- .r�l� .� , ' p�yment.
<br /> '� '+`'�`�•;,•. 1�''" $.Nqa�t�age Iasuranoe,[f I.ender rcquired mongage insurance as a rnndition of making a3►�lo�n secured by Ihis Sec�nr+ry _
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<br /> „•�;;� - .. . Ioswmcnt. Borrower stwll pny the prcmiums raquired to rtwintnin the mongage insurunce�� efPeay. If. for any rea.�ort, vDie �
<br /> _ � ' �� `� mongage insurance eoveragc re�uired by Lender lapses or ceases to be in effect, Borrower shaU pay Ihe prcmiums rrqui�ed to —_-
<br /> �L • ' ;.:;��'� :�.' �. obtaia ooverage subsw+eia)ly equivalent to the mortgage insurance previously in effoct. at a rnst sub�tantiaCBy equivalent to the '.—
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<br /> r• oost W Borrower of lY�t mortgage insurance pr�eviously in eflect, from an al�cmatc mortgage inwrcr approved by l.ender, If �_'
<br /> �_.'�k� substaatially equivalent monRage insurance coveraRe is not av�ilahle.Borrower shall pay to I.ender each month a sum equ�!to _ -
<br /> ;`:>'t,r , ------ one•twel6th a�r ihe yearly mortgage insurance premium being paid h��Bormw�er when the imurance coverage I�psed or cr.:�ed to .
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<br /> v:;�;�?�.�; , � .. ' � :•� be ia et�ect.fl.ea�der will acoept.use and m.tain thes�c�ayments u a loss reserve in lieu of mort�age insunnce. L.uss reserve �=-�_-
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