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<br /> �. f�sud or Pnipe�ty I�tw�oe. Bomnwer shall l•eep tNe impmvements now eaictin� ur harafle� eroctaf on lha
<br /> Pn�eriy inawrod�i�t lass by fire. hv.�rds includod within�he Ierm 'eRicmtod cr�ver�c' wd any alher iwz�nls. including
<br /> - --_-- __---- floads or flooding, far which I.ender reyuireg insurance. This insu�x�o�h�ll Me main�aiixd in the anxwnlb an�i Fi+r�he pe�i�xic
<br /> Uwt I.endcr require�s.The inwnuk�e c,urier pmviding tFk inwrsux�e+t�ll Iw rM�sen hy&�m�wer wbjoc�t�l.ender'a appm��al `
<br /> - — which shwll mN be un►ea�►tu�bly wi�hheld. 11'&xrower faily�o mxintwin awet�e descrihed above, l.ender m�y, at I.emfe�'s --�-..
<br /> _ - � oplian.obuiin rnvea�e la prMOCt l.eixlcr'c dghfr�in the Propcny in aca�Nwnca wilh�►rag�ph 7. �.
<br /> All insu�o pedicie�rM renewals�Iwll be acceMable�o l.ender wMl .IwU iM:lude u uendanf nxKlgage clau►e. l.ende�
<br /> �'�� chall have the dght ta hold the palicicv�nd rcnew�Al:. li l.cndcr requirrw.B�►rmwtir�Iwll pr�mp�ly give�n l.ender all raxiM►of
<br /> = -- - -- ----- ps�id premiunu wwf renew�l n�wices. In�he evc»�uf losa.Bom�wer�lull�ive pnxapt M►tiva tu tF�insurw�w�::+rrkr�uw!lxnder. e=
<br /> �'� Lender may m�ke pmaP af I�►ss if not rn�de promp�ly by Bam�wer. -
<br />-• ,,.,. Unicss Lender and Bamnwcr otherwira agroe in w�iting.insu�ee prore�rfs shall bc ppplied la re�inrati�n or►eEwir of�hc a`
<br /> Pmpeny durugod,ii'thc rouarntian ar rc�wi�is econamically fe�ibk ami Letder'a socurily is not Icsxned. If Ihe n��oration or "�`�
<br /> _� rcpai�ia nat ernnamiealiy feacibla ar I.enJer's secuNty would be lessen�d.�he insumnce pmcoeds shall Ue applied a��he sums
<br /> -� securod by thir Security Instrument, whe�Ger or t�t ihen due, with uny excess paid lo Bamnw•e�. IP Bc�rn�wer abnndo��s the �
<br /> -__�:�.'��„�,�;� �iJjk:ily. Ji'S�k:.s iiJ1 iiisl�2i 1yIllilii�l�ij�a a iwill�.d TIuUi L.�ii�cf illqi i�iK�iWflJlq:r idiil�i NAa�)��fa:.t i.s scittc s claitn. thca =_.
<br /> -----_----- l.ender mwy calloct 1he inwrance procaods. Lende� may uce the prcxeeds �o repair or rataro the Propeny ar a pay wm�
<br /> ei^_ cecuned by this Sav�ity Instrument.wt�e�her or not then due.The 30�duy p:riad witl begin when�he noticc!s givea. °-
<br /> ., Unkss l.,ender and 8orrawer othenvise agrec in writing. tmy appliwtion oi'proceods to pricripal sha�t n►t excecd o�r �•
<br /> postpone the due dqte oP�he momhlY paYments rcferned Ia io pu�aga+phs 1 und 2 or change the a�nwnt of�tse pvymex�ts. Ii ���+
<br /> : � under p�ara8raph 21 �he Propeny is�cquircd by I.ender.Barnower's�ight to any inwrance policies arW pnx�ee�ts res¢[tirtg fnim �`_`-
<br /> --,_..{ , daetw�e ta the Property prior to thc acguicition siwll puss to L.ender 10 the exieru of�he s�uns saured by this Secucity Instntmtnt =
<br /> „ "�- - ,-„',;f�• u inur�iateiy pnor ta the ucqu�sition. `
<br /> '`f', } �; 6.Oeeuponcy.11raxrv�tioa,INwlMeaau�e�e wid P�ntection of lbe Pr+�perty:Bor�ower's I.oan Applieallon;l.esuebolds.
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<br /> .�� Borrower shall arupy,es�ablish,a�d use Q�f°�r�periy us Borrower's prircipal residem�e within sizty days aper the execu�ion oi' �cc:
<br /> �(f�1..;;r this Security Instrument cud shall continue t.��rcupy Ihe Propeny as Bornower s prineipal residence for At least one year afler '`
<br />'. ?`�: ��`�`rt;,';.;;, j the date of occupancy,unles.s l.ender othenvise ugrees in writing. which consent sFwlO nM be unnea+onably wilhheld.ar unless �'��',
<br /> .. °! � `�''i}�,�;': `' extenuating circumstances e�ist which are beyand Bonrv„�er s canlrol. Borrower ,taall not destroy. damage ar impair the
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<br />° �� J�. + �,,;�;: .... Propeny, allow the Property to dateriorote.�aQ comm�l w;r:wr on the Pn�peRy. Borrower shall 6e in defuud if any forfei�ut+e -
<br /> ���:; . : �'� `�'�� " action ar procceding, whether civil or crimin:�J;., as begun[hai in Lender's road fai�h juJgment could result in Pm1'eiture of the
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<br /> �j' ''� �4 � Propeny ur aherwise mate�ially impair the lie�n :reated by this Securiq•I�+suument or I.ender's security inter�t. Bormwer muy
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<br /> �=w�� " . „�:s,-, .� � curc cuch a dcfault and reins��tr,a�pravicVid in pAra�ers�Fn 4R,My cuucing the nction o�pmcceding to be dismissed wilh u ruling
<br /> `'�,��. that, in Lender's goad fnith detuminalinn, prccludes faKfe6Kwre �f the Barrower's inlerest in Ihe Propeny or �thee materfa) •--
<br />=;;-�;`•` �..�.�.-��:i 9 impaim�em of the iien created t+,, ihis �ecuni} 4�nstrument ur L.ender's r.�ecurity intcres�. eorrower QAall also bc m dcfAW� ii �;
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<br />. ,,:r�.:'. ,. �',�'-r� •. • Borrower.durin �he loan �i`
<br />.!'i til�''�`-:� '��?��:,.r�,�.,< . .,�,. B apPlica�ian prncess. gave muterlully fnlse or in;iac,�rate infomwtion or st:�t�ne�n�s to[.ender(or failed
<br />::��J:�y�.�}:y ,.��;���F��,•.��; �..; ta provide l.ender with uny material infomu►iion>in connection wilh the lva�a evidencecl by the Note, earluding,but not limited
<br /> Qti, : � ,��.�� to,representations conceminF Horrower s occupancy of the Pmperty us u principul resi�lence. If this Security Instniment is an a �:.
<br /> $P -�l• ''���f i�r�� i'� � �'.;::.'
<br /> S � .;�„9},�,, ��• leasehold. Borrower shall cum�ly with ull the provisinns of�he lease. If Bormwer sk�uires fee Ii11e to the property, t0ec �.�.-
<br /> 'u� �. ,�E,� ��.' ;,.;t� leasehald an�the fce title shall not merge unless 1.cnJer ogrecs to thc mergcr in writin�. ��-�
<br /> ��• . 7.Protectton aP l.eader's Rights fn thr Fr�perty.lf BoROwer fuils to perfortn the covenunts und agreements comuined ic� ��•
<br /> -•±.:,'. . , .,�r-,..: � _
<br />_"`+14' ,•::.� � � thix Security Instrument, or there is A leg:�s pr.�eeding th•rt muy significanUy offecl Lender's rights in the Propeny (surh ac a
<br /> .-:-.� >,.�'� pra:ceding in bankruptcy, prabute, fo�canciemnatian or forfeilurc or ta cnforcc IawF or regulations). then lw:nJcr m:���Ju and �;--;
<br /> 1"•�. ,y pny for whotever is necessery to pr�nect thr vAlue oF the Properly and l.ender'x �ight� i��Ihe Property. I.ender'c urtions mAy
<br />:�;�' include paying uny sums se�ured by a lien which ha+ priority ovcr this Security Qn.trumern, appeAring in coun, puying �;•�
<br /> -- � � rrasonable attomeys'fees and entering on th�:�'roperty to m�kc mpafc:;. l:::",c�ugh L.rador may take actiott utuier this paragraph �.._
<br /> =�*=��� -�--�------�• 7.4,ender does not have to du so.
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<br /> ��� .,.,��.�; ��.�,� ,; Any umounts disbunecl by� l.ender under this parugraph 7 shull becume uddi�ianal Jeht of Born�wer secured by this -�,�.,.
<br /> a'• + ��' '�� ��� Security Instrument. Unless Burr<+wer and L.ender agree ro other tcrn�s of p•rymcnt, thex amourus tihull 6ear interest fmm the �5, �j
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<br /> �,f� ;!� ��;s,t��� t�''� a � of di ��;;'�
<br /> :'�"�ka ' i� �y�� a e sbursement ut thc Nate rote and sholl hc payable, with intcrest, upon nrnic� from I.cnder to Bormwer reyu�tin� � ��:_
<br /> ':;�?;•'� .��.�'� .:,,.,.y puymcnt. �:.. .
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<br />='��,.;;• 't��.;.� ::�,�:': 8.Mort{��ge In�wrantt. If Lendcr requir:d mortguge insurunre us u condition u(muking the luan,ecured by this Security °= -
<br />:_;=�;; ��';-,; '��Y Insttument, Borrower shwll a the rcmiums r uired to mointain �he mun u e insurunce in effect. If, for nn reu.`on, the .`����
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<br />_;y; , • ':�'' moriguge insurance coveroge rcyuirod by l.eiuler laptic+or rcu�ex to t►c in effcrt, &►rcuwrr tihal l pay thc premiumti reyuired tn ••��
<br />-'r,'" • obtui,�mvera e substnntiull c uivalent t�i the mon u c insuruncc nvinusl �n efFcr�, at a rost,uh5tuntiall e uivalent tn the '���`
<br />;::_,:;�,.;- x ,_. f:' B Y 9 B B P ' Y � Y q ,;j�,;
<br /> ;l;�C;!�. ,,•.*_: .•. . ��,; cost ro Bormwer of the monguge insurance previausly in efl'ec�, t'rom un ultrrnulr mungu�e in�urcr uppruved by l.etKier, If 'F'_
<br />,;,y�,:r��', �� : '� ;,it� subatnntiully equiv�lent monguge insuranrc rovcruge is Mn avriluble, &rrr�►wrr shull puy�o I.ender euch nx►nlh u sum eyuul rto
<br /> +�;:+�. " 1;� one-twelRh of the yeArly mungage insuranre premium tx�ing puiJ by Barm�vcr w�hcn thr inwranre covcrugc Iap+eJ or censed to r,",:�.
<br /> be in effert. L.ender wfll accept.use uncl remin there p•ryment�uti u lox, n�rrve in lieu ot' mnrtgage insurrnce. Lo�, rc.rrve '�'�
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