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<br /> prriods tlul4ender�+equires. The insurence car�ier poviding Ihe insuran�r shell he ch�en by Honvwer sub ta enderk `_
<br /> v�- _- appraval wbk.h sfwlt rwi 6e wu�:�t�abty wfthl�:l�i. li Izw�ower P�fis iu myintqin cuvewjte d�cribaf�buve.tw�t�r f►wY.at ---
<br /> - I.ender�apian,abtafn ooverogo to protoct I.ender��ighis in tF�e PrapeKy in acc�xdance with pu�tgraph 7.
<br /> All insurwice palicies w�d renewals shall be acreptabk to l.ender and stiall include a st�idard mong�e claus�. l.ender
<br /> shall have the right to hold tho policies and renewals. if Lender rryuires,Borrower shall pnxn�t�y�ive ta l.ende�all�ecefps
<br /> of p.dd pr�miums wid renewal naices. In the event af loss,Borrower shull Qive p�npt notice ta Ihe insurance cairier and =_
<br /> - �I Lender. l.ender may make proof of loss If not made prumptly by Borrower. _'_
<br /> Unless Lender and Borrower otfienviu agrce in w�i�ing,incurnnce�mceedc xhall he a{+�lied Io rrstorntion or r+ep�ir of E-�
<br /> .�;� the Flvperry damagod, ii the rrstornlion or repvr is econcunically fea4�ble and Lender+aecurily ix not lesseoed. IF Ihe =_
<br /> .�-. ,.� nestoration or repcii�is not eco�wmiex+lly feaciblo or l.ender�secwi�y would be lexsened.the insuronce �paceeds sh•rll be
<br /> applied to the swns secwed Dy this Seruriry Insuumern, whether or not then due,wilh any excexx paid lo Bormwer. If —_�-
<br />� _ Bcxrower abv�dons the Property,ar dces nat answer within 30 days a natice from l.ender U�the insuw�ce carrier Iws
<br /> -•'ie� ., .,_;: of�ered to settk a claim,then L.ender may collect th�insurnnce praceeds. Lender may use the proceeds to rep�ir or restore -°-S°`'
<br /> , ,;� --,..., ���'�Y PaY Y Y Y P�� 8 �`..
<br /> ,��� the or to Aums secured b tbis Secudt Instrurnent,whether or not then due. The 30-da nad will be in when �rW
<br /> -:.��. :-•.,. ,,•��x� the notice is given. o;:_
<br /> -�° - �t't.-�r' Unkss Lender ancl Barrower athenvise A ree in wridn on a Uca�Ion of eeds to rinci shall not extend or
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<br /> "°""��=�� • ' �, postpone the due daie of the monthly paymen4t�efencd to in paragruphs I and 2 or change the amount of the payments. If
<br /> �,;'g3{ �q,�yy��;!]��1..r., � wider paragraph 21 the Property is acquired by Lender,Borrower's right to any insurance policies and proceeds �esulting �r`
<br />:--'iC�f Y�� .PN"" � �� �iu�..
<br /> «�,. ;.c�x��,�� �,� , from damage to Ihe Property prior to the acyuisition ahall pass to Lender to the extent of�he sum.g Recured by this Securiry ��
<br /> `f�; � ' x Instrume�t immediately prior to the acqui.rition. �.
<br /> ''�'� � ��"'�-'� 6. Oocupancq, Preservation� Mainten�oce and Pratetyioa of Ihe Property; Borrower's 4oe�o AppUcatlan= `
<br /> �-;-`��'� � 1.ea.cehalds. Borrower ahall accupy.establish,ond use the Prapetiy as Hormwer:s pdncipal residence within sixty days ufter ��.;
<br /> -_-'— the rsecution of this'Secur�n lnsuument snd sfislt coatinue to a:capy the Property ss Borro�l�er's pr{nclpst sexidencr for at ` .
<br /> '�`� . '" least one year after �ha dnte of occupancy. unless Lender athenvise agrees m writing. which cans$nt shull nat be �`'�,,�
<br /> " �..;,,� ' :.
<br />--=- unrea4onabl y wi l h h h e�ld,or unless extenualin g circums�unces exist whkh am be yond Borrower'.s control. Bo ROw e r s ha l l no t ""`
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<br /> ;�.I_• `•�L'4�:;:'�� t destroy,damage o�impair the Propeny,ollow the Pmpeny to deteriorme,or commit wustc on the Property. Bonower sha11 �r,�r
<br />`"`�'` • ���'�'���� be in dafault if any fort'eiture action or praceeding,whelher civil or c�iminal,is hegun th�t in Lender�goad Pallh.judgment ----
<br />--- + f�'`` could result in forfeiwre of the 1'ropeny or otherwise mutepally impair the lien cr�eated by this Security Instrument or ''''�'
<br />-.:.�.;;,,�, Lender's security interesl. Borrower may cure such st defauh and relnswte,as provided in paragrnph 18.by cuusing the action �.
<br /> ;;� or proceeding to be dismissed with a ruling 1hat,in I.ender's goad fuith deteRnination,precludes forfeimre of the Bamower's �
<br />�,�.. .�^ , p , intercst in tAe Property ar aher material impaimien�of the lien creuted by ihis Security Inslrument or Lender's secudry ti:��.
<br />;�' ,�" .+��:, .. ,', intercst. Borrower shull also be in default if Barrower. during the loun application pracess, gave materiully false or "
<br />��`n''.• �� inaccurate infomiation or statemen�g to Lender(ar failed to provide Lender with suty material informution)in connecdon wi�h �1, ;
<br /> ��� '' � the loan evidenced 6 �he Note, includin , but not limited to, re resenlAlions concemin Borrower's occu �''�'
<br /> �� ,; ' � Y 8 P B puncy af the v
<br /> _..?�._____ prope rty as a ptincipal rcxidence. If this Securily Instlument is on u lensehald.Borrowcr shall comply with uU thc provisions
<br /> __�r.�:'+:'�"�.`+ ,, � � of the lea4e. If Barrawer�cqui►cs fee title to the Property,the Icaschold and the fee tiQe shall�ot merge unless Lendtr agrees +�n.
<br /> ..,�, � � ,, s W ihert�t�er in wriUng. ��.
<br />�'%i;��` �� ,t'±r� �'� •t�;` .;. 7. Pratectiw� ot Lender's Rights ia tlrc Piropeny. If Banower fails to pert'orm the covenanth und agreements
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<br />�_��. � ,,;'• .�•,:,;• : . ,«.� contalned in this Securi�y Instrumen�, or there ix u Icgal praceeding that may significuntly affect Lender� righ�s in the :� '
<br />''�i�';�,�,� Property(sueh as u praceeding in bankn�ptcy,pmbate,for condemnation or forfeitum or to enforce laws or�egulations).�hen '=�f
<br /> I.eiKlrr m•r do und for whatever is necrx. tu rutect the valuc of the f'ro q und Lender's ri h��in the Pro rt --�-
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<br />;t�, ��)t�a�'��►a`'�+'"_f;'' L.ender�actinns may includr,paying any sumc xecured by�lien which h:ix priority over this Security Instrument,appeuring ,, '
<br /> + ��v�,,j��-:��;�;�+_ ln court,•paying reu4onable attorneyx'feec und entering on th�:Property to mal�e repain. Although Lender may take action
<br /> s .•:.:., _��'` ,� under this parxgraph 7.Lender daex not have to da sa.
<br /> a`s'•-?;;��.�-:`', ��: Any umounts disbursed by Lende�under thix puragruph 7 xh�ll txcome additiana!debt ot Borrower secured by this
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<br /> •`� ; ;y��rr�,•�� ' Security lnsuument. Unlcss Borrower und Lender u}�ree to aher tcrms af payment,�heKe amounts shap bear interest from the ,
<br /> ' ' , >.�1�}�:,,• ;�'�, '• '�: � date of disburtsement at�he Nae rute und sh�ll br pay:�blz,with intcrest,upon notice from Lender to Borrower reque�ting
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<br /> .,�'� ���� ��" 8. Mortga�e Insurance. If L.cnder reyuired mongage in.uruncc us u condi�ian of making the loan secured by thi�
<br /> a,�` �""';'�;'.. Security Instrument, Borrower+hall p•ry �he premiumx required �o malntain the mortgage insurnnce in effect. IF,for any •� ;
<br /> :.�'" �1�.°; '� ' ��,- - rcason, the mortgage insurpnce covernge reyuired by l.ender laprev or cease< ro be in eifect, Banower shall pay the �`'
<br />�N � • �;�, '����°"�'� -�''�',' premiums required to obtain coveruge sub,tanliutly equivulent 1�� the mungaFe insursmce previously in eifect, •rt a cost ��`��-
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<br /> �r:.•, ;�a. „ n ;,^, substantially equivalent to the cos��o Bnrrower oY�he mortgage inxurunce prcviouxly in effect,from an aUemnte mortguge :
<br /> � ' lnsurer appraved by Lender. If subxtaMiully equivalent immgage in.urunce coveragc is not Qvailuble,Dorrnwer shnll pay[o �' �
<br /> 4- ' `j=� '� '• �•�� =`�• Lender each month a sum c unl to onc-twelf�h of the �.�rl mon a c intiurancc nmium bcin aid b Borruwer when the ��
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<br /> :4:.'`_�- insursmce eoverrgc lap.+ed or ce:�,ed tu lx iu rt'fcct. Leuder will urrr�.u.e und re�uin�hrae paymems u,a los�reserve in lieu
<br /> `� �...��;� �"�r of mort a e insurunce. Loss reserv� mems ma no lon er tk re uimd,at the o tion al'I.ender, if mort o e insurance
<br /> ���'` ,� • ii�".' 8 S P�Y Y B 9 P� B 8 • .
<br />':�': � •' �' coverage(in the amount and ior the period thu�Lendcr rcyuirc.l provided by an inxurer approved by Lender ugain 6ecames �
<br /> , .,�:\�`e.. ,. uvailable and is obtained.Bortower xhall pay�he pnmium,rcyuir�d to maintaim m�ngagr incurance in effect,or to provide a '
<br /> • �� � ,a ,:yt loss reserve,until the rcquiremrnt 1'or monguge insurunre enJs in ucrorJanrr with uny wriucn ugreement between Bornower
<br /> . .�,...��s�h:'yp�;;,�r: and Lenderor vpplicable law.
<br /> ' '• ' � 9. iaipection. Lender or its agcnt may makc re•rwmable emric.u�xm and im�r�iom nt the Pmperty. Lender.hall � �
<br /> ';;�_ : ". ::.''.�'�, give Borrow�er notice u��hc tink ot'or prior to un inxp�ction.pccil'ying rea.on•rblc cau.e li,r thr in.Exrtion. �_:_
<br /> �__ _- ' .'"�-��_•=:�� lA. CoRdemnalion. The pr�x�eedr.oC:sn� r�sard ur rlaim fcu damagr�.dirrrt or ron•.cyucntial.in canncctian w�ith any ''�`'.
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