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<br /> Frrials t�e�t l.en�er ee�qulen. ThC IMI!!!!lllY'C�lTIQ►�YW�R�(I!N Ilk�!liQR�`C SIt11N I1!CIIIX�GIt Ify Bi1ftdK�i NIb�CT t�l I.CINM��i --
<br />. ____, . _,_.— �_, �po�ov�l wkicM�11�a b�unr�ly wl�bhald. II Ham►wer i1�i1�Ia m�inldn caverage deperibaf rbove,t.ender m�y.�t �
<br /> • I.indarl�qpion,aMrirt covonQo lo pmtacl I,cr�krl�dOh��in the i'�a�eny in accnnlunco with puaan�ph 7.
<br /> _. All in�urmco policka+ind rerwwale�Iwll he ucce�Al►b�n I.aaJcr an�l shuU inciudc u�landard mattga�e alwuce. Lc�der
<br /> III�II II�VQ II10�I�IiI lll I�OI�I IIIQ(111NCIOA Al1fI f�C11C WYIR. If l,cnd�r�quiroo,Borrowar�hull pmmptly give to 6cnder all rccaipts
<br /> OF�d pRRIfIW11R�Ild IrJ10W0I IIOtICCt, In the cvent of Icn��,Barruwc�shall�Ive promM nake�o the inwrnnce c�ie�And
<br /> �.. Lender. l..cndcr m�y makc proaf of laos if not medo promp�ly by Bortower.
<br /> - - Unlas Lender and Bwruwcr Whcrwi��g�a:in writing.in�urance ppkec�ln nh1111 be f1(�I�ed to��t�NAfioq or�Pal�uP
<br /> thto duno ed, if the testoaNion or�ep�ir io cconomicolly fca►ible wid l.enderk secu�lly ix not leasened. If Iho
<br /> t P�p��y
<br /> rccta�tlon-or rcpn�iR not xanomicWiy fcaribk or Lender� securily wauld be le�scncd. �hc inRUrance proceeds stwll be —
<br /> - �pplied to the sums�sccurcd by Ihis�rsurily Insitument,whether or not �hcn duc,wlih any exccsa puid to Borrower. If
<br />-'_.:� Borrowcr�b�ndonr the p�ioperty.or does not enswer wlthln 30 day� u ndice frum I.cndcr that Ihc insurance caRlcr hus
<br /> �°��-� of�ercd w seple u claim,then L.ender ms�y calleu the inRUmnce pmceeds. Lend�r may use the praeeeds �o�pair or restore
<br /> —_ — the P�operty or to pwy wms cecurcd by this Security Inurument.whethe�or not�hen due. 'Ihe 3tWoy period will begin when
<br /> -— the notice is given. =._
<br /> —� Urtless Lender and Borrower othenvise agree in wrUing,uny applk�Ifon of proceeds lo principul shall not eatend or
<br /> postpone the dae date of the monthly pnyments afcmed ta in parrgr�phs I and 2 ar chnngc tha umounl of�he puymcn�s. If __
<br /> �` _ — uoder p�g�aph 21 the Property is xyuired by I.eoder, Borrowers right to any insurnnce palicies und proceeds resulting
<br /> =_=`" i�om damage to the P�npeity prior ta the acquisition shall pass to Lemkr lo the eatent of the sums secured by ibis Secwity =-
<br />_,;°;� luspument immediAlely prior to tAe acquisi�ion. —
<br /> -� .Y,. � 6. OuuPane� P�servAtlon. Mai�tea�wce aad Protectiw� of the Property: Rorrower's I.oaa Applkatloa; ---
<br /> �.eASe11oWA. Borrower shall occupy,establish,and use the Property as Horrower's principal rrsidence within siaty drys after �
<br /> ''- - _ .. the execwion of this Securiry 1nsl�uanent and shall continue to aaeup}•Ihe Ptaperly ag Bomower§princioal res�rre�ce G�r s��
<br /> y �n:, � lensv �ee year after the �lute ot occaaq�ency, unfess �.ende� -Mh�nvir,e u�ree, iaa writing, which consen�t sha4i n�cw be �'°
<br /> unr�a�anaQdy withheld,ar�nless ext�nuating ci�+cum�u�nces exBsa whici�are.t�eyn�d Borrower�control. &�rrower shndl nat �"-
<br /> '�' � clestroy,dam e or i�n a�r thr�r�► nllow the Psu rtp ta��leta�riarau,or c�*rr�sric ws►ste on the Pro A a•�rrc�w•er sha79 fr�:
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<br /> .....� .�>�:• rl ba in de�'ault if any fa�ei►ure actiora Tr proceeding.whether ai�•31 at criminal,ir fiegun that in I..ender�gayal t:u�t� qud€rnen•t �-'-
<br /> �'-:; `� ';;�'- couW nsu7t ih forfeitum of the Pco �rt or otherwise rnuteri;��l �m a�r the lien creuted M ihis Securi lnslrumru:a or �-:-
<br /> (�;� P� Y 5' � P� Y �Y
<br />":s'�` ' j'�•:1 L e n d e r's srcuriry inteTest. �orpawer may cur�e such a default wlc3 reir�state,as provided in pamgr��ph 18,by cnusing tbK uc�ian
<br /> =-h.�' - 4 or praeeet7io�W 6e dos�misset�wilh A ruling that.in Lenderh gocxl�(aith determination,prceludex forFellure af the��frc�wer's
<br /> ���;�--
<br /> ' intenest in the P�'op�re}ar allaer mn�erial impairment oF the lier,createJ by �hi.Secu�ity Inqtrumem or Le�r's securiry � . ,��.:_.
<br /> �';';�,�, �' imeres�. �unnwer �18 �su 6� 6n default if eorrowe�, du��e U►e loan Application pracess, gave mate•ri:,l�y fa�se or �?::�"-
<br /> --'' inac�urnte idformation ar swtements tm i.taiter(or fuiied to pra�.•e�;]e I.ender with uny mute�ial in%ormation)ir+'connecliaa wiih '�`�"
<br /> ��:'� ,�1� the loan evidenced by the Nae, imcluding, I111f t101 IIIO'ObtCd ZO, representutions concemirog Bc�raawers oeruQaney�c�6 the =
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<br /> � +�+�� Propeny ae a lxincipal oecicknre �G e�;� ce��^!�!^�2ra:srPr.!is ur.a leasthnld.9osra�rr sha;::ot�t{�ly uii:i a!!the procisiaa�
<br /> ,;, " ,������'�'�r,ti��'y;1'� ot the leuse. !f Borrower acquires fee utJ�e to the Hvperty,the�asel►nt¢I tuid the fe�title shn07 not r�rge unless Lenderagrees
<br /> ,.,,�,, J�47,;,ti�ilt�y,,�:r. .�' to the merger in wri�ing. _
<br />=_ +.'•� •r ct•°,awy Pl` *:'}„�`.�+ ' 7. Protectlon ot I.ender's Ri hts tn the P� rt If Borrower fails to rfom� thc covenants and a reements —"
<br />'.:(:• �., � v�, r1K B WK' y Pe 8 Q=;:_
<br />•-•�•y.�`1(' ����" '' ��?�'��,��' contained in �his Securiry Instrument, or Ihere in a legnl proceeJing thut muy significunUy affect Lende�'s rights in the
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<br /> :,��;, .-;�;,.�.;:�.,:. Property(such os p proceeding in bankniptcy,probate,for condemnution or forPeitum or to enforce laws or rcgulntions►, then -
<br /> N_"�:. _ .�..:_�.:. Lender may do ond pny for whatcver iti necessury�n jx�n�w•��he vnlue nf the Property and Lender's rights in thc Properiy. `
<br />---- ,_�, Lender's actions muy include puying any sumx.ecurcd by u lien which ha..priority over thix Secu�ity InstrumeM,nppeAring E*.-'
<br /> �'''' in court, �n re.usonnble ottome w feQ�unJ enterin on Ih� n �u muke re in.Althou h Lender mo tsilce uction �=
<br /> - ' � �'�'� �' PeY� � Y•� R �Ix Y Pa � Y
<br /> w � under this paragraph 7,Lender dces nat have to do so. -
<br /> H "' •-� � `r��, An [unount�disbursed b I.ender under thi� � ��°'
<br /> •• r F,.�.,,,; Y y p•rru�,ruph 7 +hull 6cYOmc ndditionul debt of Borrower sccured by �his �;
<br /> ,;jy� .;, ,�.¢,.,;�s;�,;.ti , Securiry Insuument. Unless Borrawer und Lender agn�c to othrr term�of pnyment,the�e nmounts shal I beur interest from the
<br /> �'-{,t ,. -+w:;:��-�` :`''�, date of disbursement At the Nwe m�e und shull be paynble,with inter�eu,upun natice from L.ender to Borrower requesling
<br />'` f►'�l,'r.� �rt„: '.��._,..:,. ., � pryment. _
<br /> •-.�• '"``�`� � '"';� 8. MortgAge losurance. If Lender�ryuired mortgage imurnnce as u condition of making the loun ce�c•ured by this
<br /> ec5.�:..-. .rea+•. � � .
<br /> , .. � Secu�3ty Instrument, BoRawer�iiall puy �he premiums reyuired to muimuin�he monguge insumnce in effect. If, for any
<br />_;?����' �'''�, ,;,�..4. teason, Ihe mortgpge insurunce covervge rcyuired by Lender lupceti or ceuseti �o br in effect, Borrower shnll pay the ;��,� ,
<br /> -� �,"=}�l�r ^��;,�` premiums required to obtain covernge sub�tantiully eyuivnlem to�he mortgage insurance previously in effect, at a cost �.
<br /> t���• substantiall uivnlent to the cost lo Borrower of the mon a e insursuxe rcviauxl m effec�, from �n ultemale mort a e �''�
<br />,_:.:,,f-�,� :;e:�;<�:,�t..1�rr�:=s,.,t1 Y�9 F k' P Y� S� �•_
<br />-: � ��',: insurer appmval by Lender. If substnntivlly eyuivalem mortgage insuruncr coverage is not uvail�Me,Borrower shall pay to �.�"
<br />-"=y" Ixixler ea�:h nwnth a sum cyunl to onc•twelfth of�he yeurly mongnge msurunce prcmium being pnid by Borrower when thc �
<br />----.n.. • :-
<br />___•',.�-,`' • , : ;.,,71�;�^ insurance coverage lapsed or ceused to be in effect. Lend�r w�ill ucrept,u+e uml rctuin these payments us u Ims reserve in lieu ��.�
<br /> - � :r:c��"'�.:./;,,
<br />—_-���,,,�,,,�,.,�=�,1';_,,,,, of mongage insurnnce. Lc�a reserve pnymemti may no longer be requimd,ut�he opion of Lender, if monguge insurcince ��'�
<br /> -` ff a' coveragc(in the umount ond for�he period thAt Leiuirr reyuire,)provided by an insurer appmved by Lander o�ain baomes
<br /> �.���;�.. .�( ��5r:,y
<br /> " '�3 t,�i�,�,.. av�llable and is obtuined.Bnrmwer shull pay�he premiumti Ryuired to maintuin m�xtgoge insurance in effec�,or�o provide u
<br />--_J�:�.i s 'T��': loss rcserve,until the requirement for mongage insurnnce cndti in uccorJance wi�h•rny written agreemen�be�ween Bomower '�'�'~
<br /> , �'�� s�nd I.ender or opplicable luw. ;j�'-
<br /> , —
<br /> ��,� � �� ..;:,{���;� .«<f} 9. inspectton. l.ender o�it�ugcnt mu��make rca�unuNle cnlrie� upon:+nd in,�xr�ian.af�he Propeny. Lender shall �'
<br />_,�,,vrj1,� ��„-;r� ,.�„�_ r. ive Borruwer notice ut the time of ar nor lo an in� ��ion+ �it in�rru,onuble rau�e ti�r the ins ection. �t�����'-
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<br />;:u'Lc;'�' . ,i�•�: 10. Condeatnptlon. The prnreed+of any uw�urJ or claim for dnmage,.dircrl or eiin�ryuential.in ronnertion wilh anv i����
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