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<br /> �orto�,��r�e�a. ,�o,n�a�oe c�rr�r��h.�n�oe�,be�,by�o�ov��w�...a�r
<br /> _ �ppR►vil whlch�l1.not bo ameaiar�bly aftl�deW. It Hoaowa hilt to m�inuGi oover�o descdbed abava.f�ender m�y.�t
<br /> • Landerti optlon.abtain rnveraQe to p��ect l.ender�tl�Uq ln tha�y in acaard�cvilh p�t�Laph 7.
<br /> All inturwioe policid and mAewa��116e�ooept�ble w �tlWl tuclud�e�sqndud mat�e claute. i.enda
<br /> �H iuvo the d�ht w hoW tbe poltcies atd renawalo. l.ender�oqui�+es.Barower�all PromPUY�tve w La�der aU roeeipu
<br /> of pdd premiums�nd�enewal�wNoes. In the evau of Ioa:,aatrower�hall�ivo prompt aoUoe ta the iaaumce c�rrier�ad
<br /> Leode� Lendo�m�y mRlce p�ioof of low if aot mde prumptiy by Bwmwer.
<br /> Unkss Lender and Bomowcr ott�vrw�se�groe in writin�.insurance�+oceeds shall ba appikd w rcatontion at rap�ir of
<br /> --"- � d�e��1�Ay d�ed, if tha resmratian�n�pair ir 000nornicaiUy feawblo And Le�ulor5�secwity!a iwt lessened. lf 1he �� �' ----
<br /> - � a i�rwt econoailcalty fessibb a l.ender�secu�lty wauld bo leice+w�d,tla insunu�ce pmc�eede altatl ba'�•...,.,,�:'�� ��:_-_-
<br /> . .�oQ�fia suaass�q�ed by tAis Sccurity Insaumenb wf�ett�u or not then due.with any excess paid to Bonower; If .,• ==-
<br /> "�c.,:,. __=
<br /> ,,,.� -,�,.-.�—� �kxrowa�t�wadops the Praperty,ar daea nat�nswer wit�in 30 days a rwtice from 1.�ndar that the ihsurance carrier hea����.. . �� .,,
<br /> - .. �. . •.,; aE��a adt��ctaim.then Wndor may collect the inaurm►ce p�nooed�. Lender may usc ti�c proceeds to repair or ttsWte
<br /> - --.;;A�;�,„:; . Ihe Plroperty or w pay suma secuneU by�hic SeC�ity In�trwnent:whether or not tl�n due:•'Ihe�O�day.period will be�in wlKn
<br /> :Au`� the notica ie given.
<br /> °-_--- _ _���� • Unkss l.ender and Bomuwer otherwiso ag►oe in wridng�apy a licAticM of proceeda ta ptincipal shwll not oxtend or
<br /> postpora the due date of ihe monthly pwymenta rofemed�o in pamgr�is 1 ana 2 or chu�go the Amount of the paymo�IS. If .
<br /> under pamgmph 21 the Property ir acqui�ed by Lantfer,Bomnwcr�dght to�ny insuranoe policies ond procada nesultin�
<br /> -�;s ftom demago ta tho Propetty prlor lo the�cqui:ition�lwli pus to L.endu to Ihe eatent of ihe:uma Kcunad by this Security
<br /> -u� lnswment immodlatoly or to tho acqui:ition.
<br /> -'; 6. Oocupaae�y rw�tion, M�latewnce �ad Proteelion ot tbe Proparlyi Borrower'� I.aw APP�i
<br /> °.•� I.ie�ebold�. Hormwer ehdl accupy.aubli�h.Aud wie tha Property�Borrower�principrl�sidence wi�hin sixty d�y��fle� -
<br /> - --� th�ezecution of dsis Sueuity Instsucnent mu! sha!!canthteee to occtspy thc �aa Berrower�prfncipsl ta�Weticc fos�t
<br /> ,- .�� _ ..' leat ano ear afkr �he date of accu
<br /> ; y pancy. unlexs 4ender alherwi�e aQrcea wt�tinQ, which cansent slwll not tie
<br />_ unrcAxanably wi�hheW,or unless extrnw�inQ eircuau+tancai exi��whfch�re boycmd Baroweri�cantrol. Borrower ehdl not
<br /> ; dc�uroy,dam�go or impAir Ihe Prnperty.allaw�he Property io dotcNor�lc,ar commft w�ste on the PropoAy. E3amwer�hall
<br /> 6c in defwull iP nny fafciturc action or proceedln�.whe�hc�civil or c�iminwl,i�begun thwt in L.enderk goad faith Jud�meM
<br /> �, cwuld n�ult in forfeitw�r of �he Prope�ty or �thenvica mate�ially imp�fr tho lien created by thi�Secu�iry Itut�ument a
<br /> Leaderk Rccu�ity intcrost. Borrower mpy curo xuch a dofwull wnd minctAte,s�s provided in pAragnph 18.by causing�he iction
<br /> ,: n �, kT.., or p�cading to be dismissed with r ruling�hnt,in Lenderb good feith detem�ination,p�cludes forfeiture af the Bo�ruwer�
<br /> 'a,�?:r.�:;j' inteiest In the Property or o�er mAte�ial impairtnent of the Ikn crcuted by�his Security Inswment or Lcnderl�securiry
<br /> ' °'>.r+ interest. Borrower shall aiso be fn dofault if Bornowcr. du�ng tho ban application process, gave matodelly falce or
<br /> �° � °`"i' ��� MaccurnK inforn�ation or s�atemen�s to i.ender lor failed to provida Lender wfU�eny materlal Infortnatian)in connatiion wi�h
<br /> • ��,. :'���.�
<br /> �� � =r•.-��-� �:•., �he laan evldenced b the Note. includins, but not limited to,nePresentatlons conceming Barrower� occupancy of the
<br /> '�``�• t;""��4 Property as A principa�residence. IP this Secu�iry[nsdumem is on a IeusehoW.Bo+rower shall comply wfih all the proviafons —
<br /> -_ _ :�t+.-;u�,•.;�,;�,y�� of the leasc. !f Sasrs��r�r,cis:::.'...tide to the Property,t!��' �!ttse fee Cstle sl�a!!no!merge ualess Lender agctee
<br /> to the merger in writing. _
<br /> •.:�•� �•�.��. 7. Pf'O�tCIIWI Of LCAdtP'S��SjI11S � l�! PrOplrR� If Borrower fails to perfotm the covenants and agneements - -
<br /> ° r.�.T_F:,; .:,,-:..�,�;�,-4 contained in this Security Instruaner�i.or lhere is a legal p�oceeding thut may significantly affect Lender+s rights in the ___
<br /> ' ,�;��..,•• v,E�' '1•` Propeny(such as a praceeding in bankruptcy,probate,for cademnauao or forfeitu�e or to enforce laws or regulations),then --
<br /> !�'S� Lender ma pay for whaQever ls necessary to protect tl�e value of the Propeny and LenderS�rights fn the Propeny.
<br /> � . '••.�•.,,.. y do and
<br /> �,.+,Ii�V.�'.�f"y„'.::� ' �,-.
<br /> � � �,s;.;r Lende�'s actions may include paying any sums secured by a lien which has priority aue�this Securiry Instrument,appesrfng
<br /> " ,t:,�'.�r:��t in coun,paying reasonable attorneys'fecs and entedng on the Property w make �epai�s.Although Lender may take action ,�,,�.�;:
<br /> ?'��'•v � ' q`
<br /> M,�.�•��•<`•r', �, under this paragraph 7,Leader dces not have to do so. ��;`.
<br /> `'�"' {�' �� •� An amounu disbuned b Lender under this ara ra h 7 shall become auditoonu� debt of Borrower securcd b this s
<br /> �_ :�ti t`};�i! Y Y P � P Y �;
<br /> �Gr•t,.. . Security Instrument. Unless Borrower ond L.ender agree to a�her terms of ps�yment,these amaunts shall bear interest from the
<br />�r�: %� �iY,�,t�ai I'.,.:
<br /> r�i+� ��a,�,•.�:�:. date c�f di�bursement nt the Nate rate and shall be a s►ble,with interest,u n notice fram Lender to Borrower uestin Y�:..
<br /> ±u ; ; 'i•}>v,t}�;:t . p Y P� �1 8 s�,,,,
<br /> 1�. %.,,;�,T,;i: puymunt. _:
<br /> '`•�t � � ��r," 1 S. Mortgage Insurnnce. If Lender required mortgage insurance ns u condition of mnlcing�he loan isecured hy this , ,,
<br /> ��:; f`':����' � ``�� '� Security Instrument, Bonower shall pay thr prerniums reyw�+ed�o malmain the mongage insuian� in efi'ect. If, for any � ti'
<br /> 4�
<br /> '� � ��``'�'"'�.�+..�q:`�� reacon.the mortguge insur;►nce coverage required by Lender lepses ar ceases to be in effect, Hortower sh�ll pay the '��-��!
<br />- ��'• ' +'��`'s'�R��'`'.�� premiums required to obtain coverage substantially cquivalent ro the monguge insu�ance previously in effect,at a cast ;-•rr
<br /> �'� r� ���:;t
<br /> ' '�'�•���(��>r�� • substantfall e urvulent to ihe cost to Borrower of�he man a e insurnnce reviousl m effect,from sm altemAte mart a e
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<br /> a.��;�;i• z%�'i . insurer approved by Lendtr. If substantiAlly equivalent moAga�e inaurance coverage ia not available,Bomower shaU pay to ,�,
<br /> , '�ti "��'����'�;:::M' '' Lender euch month o sum e ual to one-twelfth of the earl mon a e insurance remium bein a�d b Burrower when the -
<br /> 3,So.1'ti.,� ., . 9 Y Y 8 8 P B p'� Y �,::��-
<br /> _-��' � y�:;;���,. �•:^� insurance coverage lapsed or ceused to be in effect. Lender will accept,use:md retain these payments as a loss reserve in lieu -�,�;.
<br /> � '.,, •.�r,•" •+'� �.� of morlgage insurAnce. Laes rescrvc puyments may no longer be required,ut the optaon of Lender,if mortgage insurance ;�
<br /> ��'�. �r a� coverage(in the umount and for the period that Lender reyuires)prowded by nn insurex upproved by Lender ugain becames �•^�
<br /> �;5. 1� '';��;;r,::, .�:'
<br /> - _ .� , , avallable und is obtuined. Bormwer shnll ppy the premiums reyuired to maintain mortgu�e in.urance in effect,or to provide a
<br /> ,.,, '�''��.°` " lo�s reeerve,until the requirernent for mortgage fnsurance endx in nccordancc with any wriucn ugreement between Borrower �;�,
<br />- �%;:.. ,}; :1�•:�;�, � , ond Lender or applicable luw. _;,:�
<br /> -�'� ;.;r°��;� ,. 9. Inspection. Lcnder or ith agent may�make re+isonoblc cntries upon und inspectionx of the Property. Lender shall �:.'
<br />- 'i;�r'-�>'ti'�'�i«� �ve Borrowcr noticc a�the timc of or rior to un ins uion s c�f in reasonuble r•ru.c tor the ins ctiun. �
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<br /> �`�� ' ';,�4;f;Y��':tn..��,�_; LQ. Condemnatioie. The prncerds of any.►�varc!or claim for d•rm�gcs,dircct nr consequential,in ronnection a•ith:u�y 'r"�;°
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