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<br /> pqiadr Ihat I.rnder roquiro�. The insu�noe airtier povidinQ the(axu�noe�hall be cha�en by Qa�tnwex ta I.anderY ._
<br /> ._�-�_� � �,vd wbich ciu�li oa bo wwe�sarw6ly wiUdretd. If Bcnms��cr fr�b ta�co�n�a d�d stnw.�.�pdec au�y.at, ,.
<br /> i.eodetti opliom.dM�iu oover�ge to potoq L,onAe�k d8hu in�he in�cooN�n�e Ith pu�yn�ph 7.
<br /> All lnwr�nco palkka md rcnew��11 be�ooe�uiblo to�ind�111ncNido�wrdatd maA�o clwio. I.�der
<br /> �ull luive�Ae�ight to hoW i1w policiea md�nawdo. rf I.endar roqui�es.Bomower�II I�P��Y Yive to I.e�der�11 ieoefpu
<br /> - of p�id pnpniwm and rencwal natkes. In the ovenl of loss,Nonower shsll�ive p�omp nwka w Ueo inctv�noe cur�r�nd
<br /> La►det.l.enkr m�y malce paof of los�it'noi m�de pmmp�ly by Aa�mwer. -
<br /> � _� -- � �--� Unless l.e�der and BaraW�cr aherwica ug�cc in writing.insutinre procredv�h�ll Me��►lied to ms�ma�ian or�q►�i�af
<br /> = the da�n�ed, if tbo rtxtaalion or�pair io eoanamiaiUy feasi6ie snd l.ender�cocwity i� not les�eaed. li�e -
<br /> ' n:s�c�ar�epair is not a�nomically fe�cibk or Lendcrk�ocurity would be ksoaad,the inw�noo pooeods rlu�ll bo
<br />^' q�plied�o �he sums soc�uod by this Sxu�ity Insuumq�t, whdher a nat�due.wi�h �ny exass p�W ro Ba�row� If
<br />- _ Bortowa ab�utdan� the Propeny. or docs�at Ancwcr withio 3Q d�y:� notice from I.coder th�t the incur�n�e c�Ms
<br /> ofterod w sdtle a claim.�hen I.ander m�y calloct the insu�.e procroods. lx�xla m�y u�o tho pooxds a npafr or�atao
<br /> 1he P�uperty or to pay cumc cacnrcd by Ihip Security Inctrumwn.whathet or oot It�en duo. The 30day pe�ied wW Ee�in wl�en
<br /> Ibe nolice i�givea.
<br /> - Unless Leadcr ond Bumower otherwlso s�ce in wriling.anyapplieatian of prococ�ic la prit�cipd shaQ pat extend or
<br /> -;'; pastpone the dua date uf�monihlY pAyment�rofemed�o in pwrngrwphs 1 and 2 or ch�nge q�o art�mt of ihe p�ymenu. u
<br /> uo�dcr p�ragraph 21 U�e Pmpe�ty ie�cqui�d by I.coder.Bonowerk�ght ta any insu�nce policias and procoeda nesulting
<br /> ��;�'�;�'rr'��� firm�dwnage to the Propc�ty pdor ta the aoquishic►n shall pas�ta I.ender lo the extcnt of d�e sums�eewed by thi�Secwity
<br />:;-, lawuma�t immediately prior ta theacquisitian.
<br />_ '. f. accup�ocx P�ervadun, Mwintean�oe aad PrMectioa of' tbe Pnopert i Sorr+o�rer`� Looq Applkatioai
<br /> .;
<br /> .� , �
<br /> "; :, :.'��Seboid�, BeKmwer sUel)occupy,establish.and uce�PropeRY us tiw►ovnerk princ rasidence within sixty days�Rer
<br /> __-.�._�-.T____�.__� . � ��;,,Pw!r�t1�n�+f this Srcv�ri�y 1nam�m�m�pml�Fiall cnn�inuc to occupy tho P['nP��tY�c Bmm�wtrk pmrcit►�1 m�idc�ae far�t _
<br /> ' il�eust aae year �fler the date of axupancy. unkss Lc,r►dc� c�thenvise ograx in w�iting. which ooncetu sludl no� be
<br /> � -- . �. umeasaawbly withheld.or unless extenwuing ci�umstanoe�s exist which cioe beyond Bomower�croturnl. Batawer shaU�aat
<br />�.'; des�roY,danwge or impair the Ropeny allow the P�operty to deicriomle.or cammit waste on U�e Prop�ty Honower shaU
<br /> �:;. . be ln def�uk if any forfeiture actian or proceading.whether civil or crbminW.is begun that in Len�ler�¢good foith judgm�
<br /> cwld msuN in forFeiture of �he Property or aherwise materially impair�hC Ifen crcated by this Secutiry Insuumea►t or
<br /> �9 L.eaderY security lntettst. BaTrower ma)cw�e such a default and�Eingtnte,as provided in puagranh 18.by causing the�iction '
<br />_ � i° , 4'!r, ' o�r yn�ceediag w be dlsmissed with a iuling thsu.in Lender'§�ood faith deurrnination.Preclt�des fafeitwe of�he Barawarl�
<br /> , t�• it�terest in 1ho Pmperty ar dther mater�al impairment of the lien c�oed by this Securiry Insumnrnt or L.enderl�seCU�iry
<br /> .�. inures� Bo�rower shall alsa be in default if Bomower. dudng the loan applicatian process. gave materiaUy filce or
<br /> in�ccunte infonaaxion or st�tements w Le�der(or foiled to provide Lender with any material infamatian)in�oiu�ocdon with
<br /> � tfia loan evidenc�tal 6y the Ndq includiqg, but not limited w. reprcsentations conceming Bartewerl� a:eup�ncy of d�e
<br /> -_- . �'�8y a�!}��ckkt�.t. 1f this Secu�ity inywment is nn a leasehold.Bamwa s1W1 canply wilh all the prov[sions
<br /> , . 'o6c�re leass. If Bonower acq�res fee tide w the Property.the IeaaehoW and 1he fa title s1�Wl not merge unlau�I.eade�qgnees ,
<br /> to the merger in writiag. .
<br />-;: • 7. Proteditio of I�ender"s Righta in the Property. If Borrower fails to�erform Ihe covenants rud �.er�ts
<br /> e q�v�s
<br />-=.:i
<br /> � " cantalned in alhis'Soeuriry Inswmem. or tl�ere is a legnl proceeding that moy significandy ef�'ect tandar�rigtq� in d�e �..,
<br /> •- — � Pro�xity(such as a pmccedit�R in banknip�cy,p ro D u te.for c o n demna doa or furfeiture or to enfom law s�ae t�e g u l a t i�W e�).tlKn
<br />�,;.-' _ . ;{S= ; ' ` Lender may do und pny for wtucrver is necessary to proton tOte vuluc uf�he Propeny aad L.ender�s ngMs in the 1'�operty.
<br /> ��'����'� L e n d e r b a c t i o n s m a y i n c l u d e p a�;a m g o n y su ms secured b y�C:ren which huc priari t y ore��d+a.Security Instnnt�rnt.�pe�ring
<br /> '"� in coun, m res�sonuWe aQ�m�ne s feec and entcrin on the co mal�e�e re. AIU�ou L ender m�y t�s�Rba
<br />- ^ PaY� 8 re Y ' B �i�nY P� IIh
<br /> �r under 1�is puagraph 7,Lender does not have to do so.
<br /> '' M y a m o u n t s d i s b u rs e d b y L.e n d e r u n de r t hi�pwa gru p h 7�hall become uddiliawl deM oi Bomnwer secwrd by this
<br /> Security Instrument. Unless Bomower and l.ender ugree to other tertns of paymem.thesc pmountr shall bear intercst from�he
<br />_ da6e of disbursement at�he Note rate and ahnll bc payabMe,with interext.upon notice from Lendcr to Bamwer ta�ucsting
<br /> y �tirncm. �
<br /> .� 8. Mortgoge Insurance. If Lender reyuireJ marr.•,a_e insurnnce uti u condi�ion of making the loan sec�a�d tM± ahis
<br /> SPC�q Inadument,Bortower shall pay the premium. r�c;z,�ed to maintaln the monguge in�urpnce in effecG �EC',ic.r aay
<br />-- ;X�caaon.�he�r�ge insurunce coverage requircd by l:ra�der.F.�`• ur cYase� ta be in effect. Barrower shafil��a� 711k. ,•'. .
<br />_�.'a �,� ; ':preia�ji�ms nt�,uirz��: io obtan coverage �ubs�antinlly eyadv��len1 ��o.ch�e m�xtgage insurunce previously in etTecG Ae!u�at , '
<br /> . r � ; , swb.¢amially�quicalent to the coxt to Bom�wer af the mc�msage ir+surance previously in effect,from en altemate�ouidmegage • •
<br />� •nana•rer epproved by Lender. 6f:ubstuntially cyuivnlent�c►m:,agr insurance coverage is ma avniWble,Bomower shatF;�+ay to
<br /> � �+ L.emlereach month a sum equa!to one-twelQh of�he��euel�. �onguge Insu�ance pmmium bcing puid by Bormwec e�►en the
<br />_� k-. �,.
<br />-�. ____ _�._;;••,� � iasurance coverage lupsed or ceused to be in e5fect. Lxnder a•lll nccep�,u,e and retAin ttie�e paymen44�.c a loss reserve in lieu
<br />:,t;� - of mongage insumnce. Loss reserve pay�mchmrt�aeay no longer be nequimd,at�he option of Lender,if mortgage insurana _
<br />'. L'tir soverage (in the amoum ond for the period th:r;�.ender reyuirexl provided by�n inwr�er�pproved b!•L.ender ugain becomes
<br /> #�i ' .ava3lable and is obtained.Borrower shull pny�he prtmium��eyuired to mniMnin mongage insurcince in effect,or to provide a
<br /> - �.••���` � Iv.;s reserve,until the requircmrnt far mortgage in.urance ri+d.in accordcuice w•i�h�y wrillen ugreement between Burrower
<br /> . r, ,,,, . _
<br /> ;� ��,°c�. ', and Lenderor applicable law. -
<br /> • 6;H!�'� •-,ot�a:.. • 9. las�Ction. L.cnder or it,�gcm mny mnkc rea+vnublr rmrie�upon:uid impection.of thc�'cr�erty. Lender shall �
<br /> �..�"�_�•�'�, ,�! give Barowrr naice at the time of or prior to•rn in.�lian��xrif��in;Qra��nable r•ru+c f'or�he ia�cti^daaar.
<br /> 1�. Caadr+w�wtion. The prtxred.nf aaa►•rwanl or cl•rim fix�aacc�,_�•.dinct or rnnsrqu�r�i..��..on con�:tion with any °
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<br /> • ';.?iy'l��i:;�'•'r��`'!° rxm,aArs easioee�Far�-�r■ _
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