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<br /> periods Uwt l.ender aeqpiros. The in.curanco carrler providin�tho insu�nco shwll be chiuen by Borrawer suhJxt ta Lcnder�
<br /> � °°�-�—`-�- rpprovd which clwll not be unreaso�aMy withheld. If 8atmwar Pails to mAim�in caverage descdbed at�ove,Lender mpy��t
<br /> ,__ _` ..—---._, � lra�der's qxlan.obWn oovenYO to protect Lenderk ri�b�s in�he P�aperty in Accadance with Rara�ruph 7,
<br /> All insurance policies�utd rcnew�is shall be acoeptabie to Le��er and ehall include a rtan�faard mnngage ci+�uie. I.ender `-
<br /> �II twve�he�ight to Mld�ha palicia and rcnewals. If I.ender rc�uircs,BomaN•er shall piamply�ivc to Lender�II receips
<br /> -- � of paid pr�miums and rcnewal nat�s. !n�hc event of lass,Bixrower shall�ive pramp��x►tke to the i�u�nce cart9cr and
<br /> l.et�der. L.ender nwy m�ice proof of Ioss if not made pramply by Bcxrawer.
<br /> - _�;;` Unless Lrnc�er end E3ort�nwu athenvise agree in wrhing,insutwice pmcaed.c siwll ba appliaf to res�nrwian or�rp�i�of �
<br /> _ ,; ----- - -- thep�opr d�m if�he restoration or repair�s crotu►mieally feagibk and I.enck��savdty ic nat lesscnal. If�ho `-
<br /> ` testoratian�or r is nW econetniplly kacibb or Lender�socurity w�wld be lessened,lhe lnsutanco proceeds shull be
<br /> -- ' '� applied to the sums secured by thit Socudty Insuumeot.wtreiher or noi then due,wi�h any exass pald �o Norrower. If
<br /> _ Borrower abandons �ho Prupe�ty.ar does not answer within 30 days a natice fram I.ander Ihut the incumnce carrier ha4
<br /> :`�:-�� offend ro settle a claim.then I.ender may collxt the insurance pracads. I.ender moy use the proceeds 10 repair ar restaro
<br />�--,.$, , the Ptoperty or to pay sums secumd by this Security Instcum6at.whether or nat�hen due. 71ie:i�»day period will bagin when
<br /> —_ "-- the rtat�ce is given. —
<br /> '�_ Unless Lender end Borrower whenvise agree in writing,at�y application of proceads to principal shall rwt extend or —_
<br /> - - postpxro U�e due date of the monthty paymen�c referred to in p�agraphs 1 und 2 or chunge the umount of�he p;►yrnents. It'
<br /> - .� n� undcr parAgraph 21 the Prvperty is acquired by Lender, Bamower�right to any insumnce policks and prncecds resulting
<br /> _=�?�= �,.iJ' from damage to the Property prior to Ihe acquisition shall pass ta Lender to�he extent af the aums secured by �bis Securi�y
<br />-;=;�r_;;�; all�' '� Inatrument Immediately prfor to Ihe acquisition. �;
<br /> "�• — 6. Ocsupancy, Pr�eservaHon, Matnten•mce and Protecl(on of the Properfy; Rnrrmrer's l,aan Applicafioa:
<br /> rs; ' •� �,p��¢0. Borrower shall occu ape Y P Pa �5' Y ���
<br /> ��,,��� py.establish,and use the Pr rt as Borrower�s rincf 1 re9idencc wiihin six da a after �._
<br /> � -- -- the executian oi thla Secu�ity lnsm�mem and shnll cantinue lo occupy the Propehy ac&►rmwcr!�principal residence far et _�
<br /> 3 "`�� � ' �least one year after Ihe dete of cecupancy. unless Lender othenvise agrees in writin�, which consent �hall nat be �"
<br /> � — °`� utsrcasanably uitM►efd.o��uui�ae ex�enua�ing oireumsuu�ces ezist which arc beyond Borruwer's cunuul. Bu�iuwc� ai�u{i�wt � �-
<br /> • ��'��� destro ,dama e or im r the Pro rt ,allow the Pro rt to de�eriomte,or cammit w�gte an the Pro rt Borrower shali �'-`
<br /> '�,c}...�.xz..�.• , Y 8 P� Pe Y P� Y Pe Y•
<br /> `.j,,. be in default if uny forfeitu�ection or praceeding,whether civil or criminal,ls begun th�t in Lender's goad fai�h judgment �_z.
<br /> �.,� M could result in forfeiture of the Propeny or dhenvlse muterially impuir the lien creuted by �his Security Instrument ar _
<br /> = � � • !�•• Lender's security interest. Borrower may cure such u default and reinstate,av provided in par�graph IR,by causing the action :�,:
<br /> �•� ,,. • or proceeding to be dismissed with a ruliog that,ln Lenderk good faiih determination,pnecludes forfeiwre of�he Borrower�
<br />- �'`" "� s '� intercst in thc Pro or othcr materiul im mient af the lien creuteJ b this Securit Instrumen� or l.ender!s secudt :
<br /> -_ �:,r'�'.•.� P��Y P� Y Y Y .
<br />-._ ,.:. . intercst. Borrower shell also be in default ii Borrower, during �he k�rn application process,gave materially fnlse or '��j
<br /> �• . � inaccurnte infwrtuulon or statements to Lender(or failed to pravjde Lender with any materiai i�formaifon)In rnnnectian wi�h ,���
<br /> �.rr: ;i, � .. '. the loan evldenced by the Note, inciuding, but not limited to, represemations conceming Borrower�occup�ncy of �he
<br /> � P�erty as u principal residence. If this Secudly Instniment is on a leauhold,Borrower shall wmply wiih ull the provisian� �x
<br /> � :. ��;���,f�• ` - I of t�e tease. if ScKrower acqaires iee t311e to ihe Property.ihe leaseiwld�uicl iix fc�tiile shall not mesge antess i.endc'+r uRrees --:c
<br /> __ �,�yy, ,,, ;�f � to ihe merger in writing.
<br />°== j'��'°'°t�:��iF;z�`' � 7, protection ot l.ender's Rtghts in Ihe Praperty. If Bortawer fAils to perform the covenams and ogreement�+ Y�L�..
<br />=?-` : ��•` �y. conwined in this Security lnstrument,or ihere is n legal proceeding thut mAy significanUy affec�Lenderk rights in Ihe
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<br />;��:�'::` `�ry-. .• ' 'r ' Propeny(such a�a proceeding in bankruptcy.prulu��,for condemnation ur forfeiwre or to enforce Ipws or regul�pons),�hen .
<br /> �,� .s � ;�i a l.ender may do und pny for whatev�rr is necessury to protect�he vulue oP the Prope�ty and l.ender's�iph�s in the Proprny. j�'
<br /> - -'�''�"'����.E`` l.ender's uctions ma includc in an sums securcd b a licn which hns riurit over this 5ecurit Instrumcnt,a arin
<br />,...��. .��.)�•'��4';,'�,�r,t ; Y Pa)' 8 Y )' P Y 3 PP� S
<br />-- .,����;��;��r,, in court,paying reasonable nttomays'fees and entering un�he Property to mvke npairs.Although l.ender muy tWce actiun �s.,K
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<br /> ,,. .,j: S�y�,���„k, Y, under thix paragruph 7.l.eoder dces not have to do so. ,t-
<br /> ��.• ��� F r;��v �,,,,��„� I Any wnaunts disbursed by I.enckr uncter�his p�rogruph 7 ,hall hecome udditi�x�ul det►t oi Borrower securcd by thi. _,
<br /> �_ •ti?. .;F �,.,.� , Secudty Instrument. Unless Borrower and l.ender ugrce to othcr term.of payment,thesc nmount�:shall txar interest irom�he '�;'
<br /> ��� P„+ date of disbun�ement Ai the Ndo mte nncl shall be uble,with interex6 u n notic�:from Lender to Bartuwer uestin
<br /> :,;;�'s��:. ;,�i1� .,,r;�����'� ''' I a ment. PaY {� real s .
<br />�±�'�'�' ��� J�'•i�� f�� r y 8. MortQage InsurAqce. !f Lender requireJ mongage in.urunce u+u roncii�iun of mu�;ing the lan+ecurcd by Ihi. .�:,
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<br />� •�� .: � ws..�r7,��. :`�� Security Instrumem, Borrower whaU pay the premiumc required to muimain the munguge in�urnnre i�etfect. IF, for ony
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<br />����ti��••. �� �`�}�:�"'j}��f � reuson, the mon�u�e insuronce caver�ge reWuired �y Lender In�►,e+ or rea�e� to br in effect, Borrower shall pay the -t;.,;,
<br />' ', �' • ��.� , ';;�, ' premiums reyuired to obtain coverage subsluntially eyuivulent tc� �he mungAge imur.�nce previausly in effect,ut :� cost '� �
<br />�.:���� i � �;fi� � �
<br />,��.:.,, f�fti• ��04��;ti substantiolly eyulvalent to�he cayl to Borrower of the mortgu�!c inxurunce pnviou.ly in effec�,frorn un altema�e m�utgage
<br />:e�=•_, � ��F• , ��%'E;rf••#�j� insurer npproved by Lendcr. !f subtitantiully ryuivulrnt murtgugc in.uru�xe roveruge i�nnt available,Brnrower shufl pay to
<br /> �:.�,:.,� �++� ��^�'•in��;k�;��`� l.ender euch mamh a sum eyuul to onedwelflh of Ihe yrurly moNguge imurunce premium 6eing puid by Borrower when Ihe ;
<br />�'�:..�,�. �; ,., � , f� , insurance coveruge li�psed or ceased to he in eftec�. Lrndcr will urcept,u�c und re�c�in�hc.c p•ryment�ax a lo.s rc,eM1•�in lieu ����,=
<br />��,•,,' ; • �; '7� of mortgage insurnnce. Loxs reserve p�yment�muy nn longer t+e reyuimd.at the option of Lender,if mortguge insumnce
<br />;-�s� ' � ;�.Yr *:. coverage(in tha umount and for Ihe�xri�xl Ihat Lrndcr nquire.)providcd hy un in+urcr�ippnwed by Ler�ler again t�erome� �
<br /> -w`�;}4, t iy���,���,.Y`�, available w�d ix obtuincd.Burrower shall puy thc pr.:mium�reyuircd tn muimuin monguge insurrnre in etfcrt,or to provide a `�.x
<br />��:.;;;�� .-. ,,..�'�;4+',+.. la5s reserve,until�hc reyuircment for mnngu�c imuranrc rndx in ucrurJunce wilh nny wriucn agreemern be�wecn g�ttrower
<br />,;,".y. ' ,,,�;,;k'?�;�'�� ::;.;� and Lender or opplicable luw. '�"•
<br /> ) t �` �'' 9. Ins�/y�tion. Lender ar it�a�cnt m+i make Ru+unable cmrir. u�ym ;md in.�y�ulon. nf ihe Prory�rt Lender+holl
<br />�T �n rL��'_�, �'-•��+:�::4 /'�� � � 1" 1"�� I" y' __
<br /> .. ° �' ; � give Barrowcr noticc�t thc�imc of ur prior�o an im�xrti����Fxrifying r�a.�Hiuhlr cuux tiir Ihr impcction. � •-
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<br /> .� - ;,�;.rL,�•,e�..,, , 10. Condemn�lion. Tlll'FIfOI'CMIti O(Ilfl)'i1N'L�(I Of CI81O1�O�llillll:l�;l'�.dir�rt or ron.r�pienti:d.in connec�i�m wi�h tmy ti+,�.
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