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<br /> perlodp tb�t La�der�equira. 7Uo inWUance caRk�providit�p tib ituunu�oo chdl ba choiai by Ramwer cubjoct to Lenderh
<br /> ' �pprov�l which slWl mM be wvenon�6ly wlWiold. If Bamwer taii�to ma�maln coven�e desc�ibed�twve�Lender m�y.�t
<br /> l.a�de��opbn,abl�in cavua�e a proiect L.atde�M dAhtr in�he�ty in Acca�danoo with p.ra�ph 7.
<br /> All iin�urico pdkia�nd ronawal��all bo to and sh�ll include a��d martg�o c1�uFe. l.eader
<br /> • shdl h�ve�he�i�ht W hold the polictw�nd t�ewals. f l.eoder roquira,Barower�Fu111�P��Y 81ve lo I.eoder dl neceipl4
<br /> - - _ - .- of paid p�e:r:lum�end eenewa!no!lca9. Ie the cvent ot las�,&xrower sh�!!give prortept nalce ta Ihe insuna�ce raMe�+uid _
<br /> _ L,ende�. l.et�mty m�ite�roof a�lo�r if nat m�de pnomptly by Botrower.
<br /> �_:.�;�_:.,,��=—=-=� Unlas l.er�der aad Barower dherwiio apaee in writutg.incu�nca slnll be applied to�xtoration or repair of �
<br /> ' �he d�nu�al, if tbe ratanuian or mpwir i�ceonotaically fea�ble md Lenderl��secu�iry is nd Icssened. If Ihc
<br /> resto�or rcp�ir i�rat aonankally fe�ibb or I.eale��secudry would be lesca�ad,the incwance p►�oceeds shwll bo
<br />�;�; appliod ro the sumt seqtrod by this Socu�iry Inst�umenti wl�eti�er or not Il�en due.wlth�ny oxcess pwid ta Bamawcr. If
<br /> __ Bormwar abwndono tho P�operty.or daa oot �ntwer wkhin 30 dAys a�wtice from l.en�k�that the in�un�noe cartier luw
<br /> ofl'era!w sattle a claim.�I.endar m�y oollect�he incuanee procadc. Lender may uso tho procoeds to►epeir or restae
<br /> - - the Prapony ar to p�y sumo cxurcd by�hio Secudty IncuimKtiti whetlKx ar not thai due. Tha 30�day peiiod will be�in wha� --
<br /> .�- the notice is givar�. �.
<br /> _� - - Unkss Le�der smd Bonowe�Wherwlce��roe io wriNng.�ny application of proceeds to principal sltall not eatend or
<br /> - pos��pono thc due d�to of the monlhlY payments refemed lo in paragnphs 1 and 2 or change the�mour�t oi'die pwyments. If
<br />. =. under par�raph 21 the Property is acquirod by Lendar.BortawerS�dght to any insu�policies sand praceeAs rcsultir+g
<br />�"'= fi�am dama�ge w the Property prior to the acqui�ition chpll pACC to Lender to the extetN at'the�sums securod by lhis Security =-
<br /> °°- Instnnrrcnt immadi�ly prlor to tho Iuisition. ---
<br /> '-'= �. Oecup�ucY. �vatlo�.��IMalatea�nce aad Protection of the Propert�: Bo�ww�er'is l.o� ApplkNlon;
<br />_-_-_ l.c�lssi�ic. Sw�owe��w►ii wi.�upy.�iriril.,iw w�i wa ii�a Fi:��iy ns Bvuuwcr s pru�e�pai neside�.�e within sixry days aiic� __
<br /> _ -___ - - the ex�ecntion of this Sac t��suwnem arN s1�N 000tinue to occu the as Borrower�s
<br /> nci �sidence fat w
<br /> - f � leas� o� year after the dete d' occupancy. unkss Lender othenvise agrees�ir� wririn�, which�consent shall mtt be �:
<br /> _`.�: •� ° wu+eysorwbly withhefd or unless extmwuing inaanst�nces exist which arr 6eyond Bonow�r's cnntrol. Bortower sha7G m� —
<br /> destroY.damage or impair the Pmperty.allow tbe Property to deteriorate.or commit waste an the ihoperty. Borrower shall �-
<br /> be in defiwlt if any forFeitune actlon or pro�Yeding.whdher civll or criminal.ic bcgun that in Lende��s good fei�h judgment 1i6'
<br /> � ce��ld rcwlt in forfeltw�e of the Pwperty or otherwise materially impair �he lien crcated by thi�Securiry Instrument ar --�-.
<br /> �� ,' Lenderls security interes� Borrower may cu�e such a default wd�d�srate.as provlded in p�uagmph 18.by causing the xtion �-
<br /> or p�oceeding w be dismissed wlth a roliog tlwt.in Lender�s good fai�h determination,pnxludea fodeiture of the Bamwer's �_:.
<br /> • �; iatercst in the Pr+nperty or othrr rtwrcrial imp�irnrent of dx lien crcated by thia Secu�ity Inatrument or Lender�s secwiry -
<br /> interest. Bormwer shall also be in default if Bomower. dudng the loan application pnxess. gave nwterially false or �`-
<br /> = -'+ :.� inaccurate informadon or swtements to Lender(or Pailed w provide Lender wlth any mueri�l Information)in connection with --
<br /> •;,;i'.� � ` 1he lou�evjdenctd by the Nae, fncludL�g. but not limited W, rcpre sentations concerning Bomowerh occupancy of 1he `-
<br />-°^�;,�' �, Prop�ty as a principsil.nesidence. If this Security Instrument is on u teasehold,Bomower shall comply with all the provulans
<br /> ;: .�� �;��;�f_�.f of the ieasc. If Borrower ucqulres tee dde 10 ihe liuperty,tbc kas�ld and the tee titk sfwd!na me�ge unless l.a�der a�c�.;s
<br /> "�. . • ,%'t Yn�' to the�er�er in writing.
<br />�';�'".`: � 7. ProtecNou d Lender's Rigdfs In t6e 1'roperty. UG�;+rrower fails to perform rt3ie r�venants and agrcemems �
<br /> ;,,,�::� i{� wntained in this Securiry Instrument,or tleere �is a lega! pr�c:eding that may significan7�W ufdxct Le�e�ert rights in the __
<br /> _"� � Prope�ty(such as a proceeding in bankruptcy,proba�e,for condemnatlon or fort'eiture or to eoff�rce lawg ar s��ulaUons),then `'-
<br /> °;�..i, . ,z�r� Lender may do and pay for whatever is necessery to pmtect t?ae value of U�e Property aad G.�enderk rights in the Property. �;��
<br /> '',!•. ;� �4��sJ�;�� L.emkr's xtions may include payin�any sums secured by a lie�which has priority over this�ecuriry Ins1rument,appearing
<br /> ;;�;i� ` � , in coun,paying reasonable attorneys'fces and entering on tEae IPr�openy to malce r�epairs.Although L.ender may take action ��'
<br /> � ,' + �.y under this paragraph 7:Lcnder does not have to do so. ,
<br /> �..f.1 r�`
<br /> ;z,, �i;,. My amoun[s dns,`WOnsed by I.ender under thls paragraph 7 aholl become additional debt of Borrower secured by thi� ��
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<br /> ��,(Y�; Security InstrumeRO. l'a�'lecs Bormwcr and L.ender agrce to atPeer tmns of payment,thesc amounts shall bear intercst from the
<br /> �`.� �� � . date of dinbursem�ent ut the Nae rate und sholl be payable,wix7e interest.upan irotice from Lxnder to Bomuwer rcqucsling �
<br /> .u.:i.c-, ro
<br />��(,� '''.` PnYmen+.
<br />__ -..�,. , s' 8. 1�ortgage Owsuran�Y. If Lender requi�ed m�g�ge in;urunre as a condition of making the loan securcd bx•t�ni� �' :
<br /> -:�'�'� � Security Instrumenc. �rrower shell pay�he premdum:�required to maintain�he matgage insurnnce in eG�'en. 16��or any „�
<br />:,��;'� '���i} I reason. the mortgage insurance coverage reqwirsd �+y lx�xler lapses or ceases to be in effect. Bornow�et s�ha00 poy the =--
<br />;:f:i:. I premiums�quired to obtoin coverage substandally equivulent to the mortgage insurance previaus�v i�e e:��ecs, A3 A COSS t_•-:
<br /> � ', subsG�+c�ci�Uy equivelent to the cost t0 8orrower of the mortgnge insurance previously in effe�t,fTam nn q9zec�ate tox��gp�e
<br /> ���'�'�'� 5,'. fnsurcr approved by Lxnder. If subs�antially equivnknt mongage insurance coverage is na za.:�i'la�+le, Borrower shAll g�uy to �.w;�
<br /> •,�'�.' �.� � ..:
<br /> _�_.r�.k � . j I.ender each month a sum equal�o one-�welfth of the yearly mortgage insurance premium be9�g paid by Borrower wher�uhe �':-
<br /> _�_=°=F� � � insurance covenge lapsed or ceased to be in effect. Lender will accept,use and ratain these payments ns a Ic�s�reserve in Heu �;,r�°:
<br /> ,.. '�_ ; S B PaY Y 8 �1 W 8 8 '-
<br />_���,�s � i`�; of mnrt a e insutance. Loss reserve ments ma no lon er be uired,at the o ion of L.ender, if mon a e insuranco
<br />- --- ����� coverage(in the amount and for the pedod that Lender requires)provided by m�insurer Approved by L.ender again bece�es � � ��`:
<br />':7`>�: �� � , availa�and is obtained.Borrower v1�a11 pay the premiums required to maintsun mortg�e insurance in effec4 or toprovd�e a ;,-.,
<br />_- . J,�f�.�. � lo�ors��e,until the roquirement far raongage insuronce enda ia accordance with any wriuer�agreement betwcen&xrawrca '••(
<br />°�, f..���'�''�_;,��, wd Lendkr or applicable Inw. r.-
<br /> ?` � � ,;r' 9. los p e c t i o o. l.ender or its a gent ma y ma{ce reosonable entries u p c m nnd ins p e ction�of the Pr o fien�,. LEnde r s h a l l ,i-`•'
<br /> �'+..w " Eive Bornower nosice at tlse time of or prior to�:r,y�eciiw�a�:ifying rcawnabie cuusc f�r ihr inspeacr�sa. � �;•`
<br /> � :,;„� '�"'��`�, 10 Coodem�atiau. The proceeds of any aa usd or claim fur damugez,direct or rnnse�uential.iao cor�r.ection wieh Aa�y ��
<br /> ' '.: �.� SiKk��ly�Fwk M�dileddle AI�c 1�10�ORM INSTRUM6NT�l4utotca�:.a�.anatx 9�9G I�+Rt?�,�•r���t�.+�
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