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<br /> paiod��lut Lendor rcqufr�v. 7Le insivance csrrler pmvlding�o Inturanoo sheU 6e chosen by IIorcowtt aub est to JAnderi:' . _ .
<br /> ��pproval vfitc6 ehell aot Do wucasonebly wl�hhetd. ll Aorrower felU ro main�in coverege desul6ed ebovo,�j.ena�►n,�,et _ .
<br /> �4endeeLoptloo.o6tolncovcrageroprotcctLcnderYdghuind�oProponytneaordnncow7�panp,�aph7. -- -=
<br /> All Inad�ence polkia end renewata�hetl0o eoceptable ro Lender ead ehall fnciu6o e ctender4 Rorlgago cl�aueo:I.erAar
<br /> ,dWl Mve Na dght ro hold tho po!lela end ttne�:att. ItLender requtres,$mro�.°er shall prompUy glee tol.etMer all rcxlyt! ---
<br /> ot pald premluma end renowal notioes. In tha event of Iosa,Bortowu sha11 give prompt noflao to tLe inauronce canier end
<br /> I.ender. Lendermaymekeproototlaulfno[medopromptlyAy Bortower.
<br /> Unlou Lcndar end Bosrower ahttwlae agree in wrtiing,insuronce prooecda s6aU be eppUW to ra�oretlon or rtpefr'of �
<br /> �o Propury damegcd.If rhe asromtlon or ropalr U eoonomically teaatbto end Lendu6 seauity ia not Ieuened. I4 t�e
<br /> rsarowdon or rspelr U aot economically toasibie or Lenderb eecuriry would bo lauened,the Luumnce prooieW tAeU be ` '
<br /> eppllW to the wms«wrcd by rhia 8ecudty Inawmcnt,whethu or not t�en due,wltb eny exttae pdd ro Borrower. (f
<br /> Bortower nbandons the Propeiry,or doea no[mswer wi�hin 30 deyi a noiice fiom Lender that tho Nsurance canier he�
<br /> oHcrcd to aenle a cleim,then Lendu may collut the in:urance proarAa. I.endcr may uw the proceed�to rcpair or rearoro
<br /> �he Property or ro pay iuma aecured by th�s 3ecuriry InawmenG whethu or not then dua 7Le 30.day periad wlll begtn when
<br /> �he notice b givcn.
<br /> Unless Lender and Bortower othenWU egree in wiidng,any epPIlcatlon of proceede to principal ihail not axtend or _._....___ _
<br /> postpone�ha due dero ot the monthly paymenu roferted�o in peregreplw 1 end 2 or chenge the emount of the p ents. �t
<br /> under paregreph 21 dw Prope�ty la ecquired by Lendu,SortowerS right to eny(naurenw polidw and p�esuping
<br /> from damege ro�he Proparry pdor ro the aoquisitton ehetl pass to Lender to�he extent of tM sum�securcd by�hla 9ec�ulty
<br /> tns�Nmen�ImmWiately prior[o Ne acqulaitlon.
<br /> 6. Occupancy, Preservation, Melntenence and Protection of the Property� BorroHee's Loan Appllcadon�
<br /> I.easeholds. Bo�rower ahall occupy,eatabliah,end use the Propeny es Borrowerb princlpal rcaidena within sixty daye efter --
<br /> �he execuqon of thie Secudry Inauumen[end�hell mntinue to occupy�ha Propeny a+BortowerS pdneipal rcsidence for at
<br /> least one year aftm �ha daro of occupancy, unkss Lender othe�wlse ngus in wridng, whkh consent ahall not 6e =--
<br /> unreasonably withhel4 or unleu extenuating circumstancea exiat which are bsyond Bortower4 wnirol. Bortower�haU not
<br /> datroy,damege or Impair�he Propeny,allow the Property to detcdore�e,or eommit wmte on�he Property. Bortowu shdl
<br /> 6e in defeult 1f nny forfeiture action or proceeding,whether civil or criminai,ie begun thu in LenderS good faith Judgment
<br /> rnuld resul[ in todeiwre of the Propeny or othelwix materially impair �he lien creetW by this Seeudry Inswment or
<br /> Lenderk aeeuriry interest. Bortower may cua cuch e default�nd reimtete,e�provided in paregrxph I8,by ceu3ing the adion
<br /> or proceeding l0 6e dismissW with a mling that,in Lenderk good faith detmminatlon.precluda fodeiture ot Iha Bortower4 = _ --
<br /> imerest in�he Property or o�her meterial impairtnent of Ihe ilen crcated by thia Security Inatrummt or Lenderl secudty �aa-i:�_��
<br /> imeresc Bortower sha11 alm be in default if Bortowa, during Ihe loan epplien�ion proce�.+, gave matedelly telse or - --
<br /> ineccurate infom�atlon or cieremenn to Lender(or feited to provide Lender wi�h any metedel InPom�etion)in wnnection wiih ;,;�;`;�-.
<br /> the loan evidenced by tAe Note, including, but not limhed to, ttyresentationa rnnceming BorrowerL oceupeney of Ihe -"�-r=�.
<br /> Pro n u a rinci rcaidence. If thia Seeudt Instmment ia nn n Ieauhold.Bortower shell mm i �vith all�he rovtslona �'"'
<br /> P� Y P P� Y P Y P �'�`:r}`i'���•�.
<br /> ot�hc leese. If Hortower acquiru fea tiHe to ihe Propeny,�he leasehold ond the ke tl[le shall not merge unles�Lender egrca �.�;,,r,-<;,-::
<br /> �o�he merger in wri�ing. --�
<br /> 7. Protectlon of/.ende�'a Righfa in lhe Property. If Bortowcr feila to pedomi the covenantn end egreemenu ���yy.,;.
<br /> rnntained in Nis Secudty Instmment, or therc la� legol proceeding that may significantly uffat Lendert righti in �he ��y4j;r � '.
<br /> Propeny(wch u e proceeding in 6enkmptcy,probate,Por condemneeion or fodeiturc or ro enforce lawa or rcguletions),chen -_s��'- `--
<br /> 4ender may do end pay for whetever ia neusaery�o praect�he velue of�ht Propeny end Lcnderl righta in Ne Propeny. ';',`s'�":''�i��'-
<br /> Lenderk ecHon�mny include paying any sums ucurcd by e Ifen whieh has prioflry over this Securiry Instrumen4 eppeedng ;i;t���'�`;�.
<br /> in coue,payfng reaaonoble atromcya'teea end entcring on thc Property to make rcpain.Al�haugh Lcnder may tekc ec�ion ?;�°-`�T������
<br /> under thia am re h 7,Lender does not have ro do w. "�Y�"'"��-.�
<br /> P 8 P ; ,s;,g_>.�-,_
<br /> Any emoums disburted by Lender under�his pnragreph 7 ehall become additional debt of Uortower ttcurcd by tht� �'i,s.,,g;___-
<br /> Sccurity Inscrumem. Unlecs 8ortowcr and Lcndcr asrcc ro aher tcmis ot puymen.,thcac emouNa sholl benr intercst(mm ihe _�:�;•`�"�'.,---
<br /> daia of disbmscmcnt e�thc Nate retc and ahall be payable,with imcrca4 upon notice from Lender to Bortowcr rcquea�ing ,E;r�>i,:;__.�.
<br /> WYmcnt. , .,y;:;�-
<br /> 8. Morigage Insurence. If Lender rcquircd mortgaae insumnce us a condi�fon of ineking�he loan secured by thia ,?ry�;t[�:;�-_
<br /> Security Insuument, Borrower shell pay�hc prcmiums rcquircd �o mainmin�hc mongagc ia+umna in effat. IE for eny r1i::'r;�y,�;i"
<br /> rceson, �he mortgage insurence coveregc required by Lender Inpsen or ceases to 6e in ettea, Borto�ver shnll pay �he :'�?:<<t;;,�zr.-�
<br /> remiums m uircd ro obtnin wverv e aubs�antiall mvalent to ihe mon e e insurnnce rcviousl m effect, et o cost �"--�
<br /> P 9 d Y M � 8 S P Y � �.?y'y.�'=,��:.
<br /> subsiantiaily equivalent�o�he mst to Borto�ver ot�he mortgage insunnce prcviousiy in effect,from an altemaa mortgeae ; �s-'_-;._:�
<br /> insurcr xpproved by Lender. If subs�antielly equivelent mongage insurance covefage is noi available, 6orrower ahell pey�o ��"F"�'�->�':%`
<br /> Lender each month a sum equal to ane-nvcllih ot�he yeerly mongage insumnce prcmium bein5 paid by Bortower when�he ""''et<'t�;;?,__,
<br /> insumnce rnveroge lapsed or ttaxd�o M in efkct. Lender will accep�,uze and rctain these paymems es a loss reurve in lieu �=%'_-�<��=-'�
<br /> of mon o e insumnce. Locs rcservc a menu ma no lon er be re uired,ot�hc o �ian o(Lcnder. if mort a e insurnnce "•'�'%�"-�'
<br /> F 8 P Y Y 8 9 P 8 8 ,'-��i;::i^-
<br /> covernge(in�he amount and for ihe periad thal Lender rcquircs)provided by on insurcr appmved by Lender again becomes >=-;;:�,�•-:_�
<br /> aveilablc and is obtnined.Oorrower shall pay the premiums rcquired�o mnintain mongage insunnce in eBce[,or to provide a �^`.`;:��;��'c-:�
<br /> lass reserve,umil Ihc requircment for mongage insurnnce mds in accoldance wit6 any writlen agrcement between Bortower „i;,ly_.;[_";
<br /> and Lender or applicn6le law. �i�a';-��;:�:`.-�^
<br /> 9. Inspeetlan. Lender or its agent may make reaconable eniriez upon m�d impectiom o(the Propeny. Lender shall -
<br /> give Dortower nolice al the lime o(or prior to an inspec[ion speci(yin¢rcasombk caux!or Ihe impecliun. .
<br /> 10. Cundemnatlon. The proceeds of any a�wrd nr claim(nr damages.dirccl rn cnnmyucmial,im m�neciion wilh any �i -7 ,�
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