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<br /> ! , petioQ+chet Lendet requIrp.9he Wurence wsiet prbvMing Ae loauroiice�hatt 6e cAosen 6'y18 u w���derti
<br /> epPtbv�l a?dsh ehaii nbt be unree;onaAly wIM»IA. tt 8ortawer talia to malntaln eovicroBe deaal6ed abave, Tlder m+y.a� _
<br /> Lendelb� optlon,ubtaUi oevaago toprotoc�I.enAub dgh�e iri tlae Proobrty in aa:oManco wl�puegrayh 7. •
<br /> � l�it intuianvo poliei've and ianowds shali bo acocptablo toi.endw and�h81 inetude a aendud mortgaBo cl6uae. Lendef — ` —
<br /> ehNl Aavo t(ro rtght ro ho]d the policle�and renewale. ItLender rcyulrc�,Bortower�hell promp0y gtao ro Lmder a11 readiyt�
<br /> ot pald premium�and�enewal aoticu. �n�he ovea�ot Iau,Boerower�hall give promyt notice ro�ho Ineurenco cwrie�and
<br /> Lcnder. I.crAerRoymaL-oprootatlou fnotmadopromp�tyby Bortower.
<br />. . � Unlon Lcndcr and 8oiro�ver athernlse agrw In miting.lnwrenap�cc�s ahall be applled m rcstoreNan or rcpalr of � - •
<br /> � trye Pro�ny damaStd.6�he restoraAon or�onalr i�coonomically teas bll e and Lenderl secudty I�na IeasonW. If�he
<br /> roatomt on or rep��t b not eoonomlcaliy fwt6lo or 1.endttY eaudry would bo lessened,tho insurence pcooeeda ehall ba
<br /> app11W ro�he�uma Kcured by ihb Secudty Insnument,whethu or not then due, wiih eny exwu pald to Boaower. (t
<br /> _ Bortower abandons tAe Propcny,or daes not answu witfiln 30 daye a nodce trom Lender ttiat the Insuronce carrler hn
<br /> ofkred to eetqe s clolm,then Lender may collett the insurence pcocad�. Lender may use�he praaeds lorepalr or resroR
<br /> tho Property or to pay wma�aured by�hl�3ecudry Inswment,whmher or not then due. The 30.day pedad wiil begin when
<br /> — tdo notico i+given. . _
<br /> Untes�Lrnder end Boaower ot�ernW agrco in wAttng,eny appIica�lon of proaed+to pdncipal iha11 not exund or
<br /> postpona tde due data of tha monthly paymenro rcfemd to In paragaptu 1 end 2 or change the amount of�he paymenu. [t
<br /> undcr paragnph 21 the Propeny ta acquired by I.ender.BortowuY rlaht ro eny insuronce pollciee end proaede resuldng
<br /> hom damage ro eha Property prlor lo tM acqui:ttion shetl pas�ro Lendu ro�fie extene of the euma securcd by thu Secu�iry
<br /> Nawmentlmmediateiypdoriotheacqulaitton.
<br /> G Oaupancy, Preeervation, Melntenance and Protectton ot tha PropeHy� Borrower'e Loan Appltcpdon�
<br /> Leaseholda. Bortowu ehall occupy,atabl4M1,end use the Property e�QortowerY princlpal residence within sixty daye efler
<br /> ---'° the axetution ot thia Sceurity Instrument and ehall wnHnue to occupy G�e Property aa Bo�rowerb pdnNpnl rcaldenw for et � - - -
<br /> = leaat one yar aRer �he daro of occupency, unles� l.endu otherwim agrw in wridng, whlch conunt ihell not be �� �
<br /> _�:_'� unreasonably witNteld,or mless extenuating ctrcumstenas exist which ere 6eyond Bortower�comml. Hortower fiall not y�,�{_
<br />`•?A'Y� deatroy,demege or tmpair tM Rnputy,ellow the Propeny ro duedoretq or comm(t wesie on the Propeny. Bortower ahall �;_?�`?�---
<br /> ba in defaWt it eny toRefturo ecNon or proceeding,whether civil or cdminal,ix begun Nat{n Lenderh good fdth Judgment '
<br /> -��� wuld roaWt (n forFe(mre o!iM Propeny or mhefwise metedelly impair�he Iisn crcated 6y Nia Secuflry tmwment or >> _��_
<br /> "•- Lender6 secudty intercse Bortower may cure such a defeult and rc(nateta ss provided in paragreph 18,by cauaing tha action s.�f�.;_,-
<br /> ,��� or procced(ng ro ba dismlased wlth�mling that,(n LenderY good fefth de�ertninailon,parludee fodciturc of the BortowerY . -
<br /> intereat in �he Property or o�her matedal impahment of the 8en created by chi�Seeudty Inswment or LenderL secudty �F1 z r ::_
<br /> inrercat. Bortower shall etm be in detault if Bortower, dudng �he lan applieeHon procesa, gave matedaily false or ��r
<br /> '}: inacwrate infoimation or atotemem�ro Lender(or fdled�o provide Lender with eny metedal informatioN im m�nation with ��
<br /> ti;�� �ha lotn evidenced by the Note, indudtng, but not limited to, rcpresemettona wnceming Bortowerl occupaney of�he °�f��,Li-_a
<br /> ?y PropeM1v es e�tintlpnl r'sidence. if thlt Secudty 1ns[rum'nt i:nn a 1'auh0lA;Rn�rnwe�sh91!f!�m¢ly wI{h 911 the�rny�iinpa t 2+ � '
<br /> �+] of tAe lesse. If Borro�4er aequirca fee�itlo to�he Propeny,the Ieasehold end�he fee 6He ahdl not merge unlcss Lender egrces ° �+
<br /> t� m the merger in wriHng. 3r��n„�t��
<br /> . r;t-i 7. Protecflon of Lender•e Rights In fhe Property. If Borrower fails ro pedofm the covenema and agreemenu � ,>� ,'>�,ff� _
<br /> ,;� mnteined in thie Saudry Insuument,or them is e legal praceeding �hat may signifiuntly affect Lenderh dghn in Ihe '��.�,1��,�!}� ,s'�6=�.
<br /> _.. Zi.i Property(such ea a proceeding in bankmptey,probatq tor eondemneHon or fodeiturc or ro enforce lews or rcguletlons),thrn �:•'y'-� '�
<br /> '__.� Lender may do ond p�y for whetever ia necasery to pmtect the ralue of�he Propeny md LenderY righu in ihe Propeny. :?�';;,�ii.''�,t;,';,�s`• �
<br /> `t�, Lenderk ectlons may inelude paying any sums seeurcd by a Iien which hm priority over this Securiry Inatmmen4 eppea(ing �+ � �y��i r F,y��,
<br /> -- ,�� in caurt,paying«esonable atromeye'kea end rntedng on the Propeny ro meke rcpain.Although Lender may�eke ecUon t�iA���.i_��t� �y�
<br /> �a ;a undenhix paregreph 7,Lender dces not huve to do so. . ..
<br /> -_,� Any omounu disbursed by Lcnder under thi�paregmph 7 shall beeome additionel debt of Bo�rower securcd by this ' i <<- ` r� � �
<br /> -y�� Secudty Inslrument. Unleas Borrower end Lender egrce ro other�crms of payment,�heu unounts ahell bear interest trom�hc ia - ��k�'�t'�m
<br /> tirl�� dat�ndlabursement at the Note mte md shall be paynble,with intercs6 upon notice fmm Lender ro Bortower rcquesting i4��;'�. _'�`l3'�s?4 �.
<br /> h': �Y 8. Morfgege Insurena. If Lender rcquircd mortgage insurance ai a condition of ineking the loan securcd by this rY�'t r^r�`t ��
<br />.,�::�� Securiry Inswment, 6orrower ahell pay the prcmiums rcquircd �o maimoin �he mortgege insurencc in efkct. IL for my -- `��d���.�Ssi.,_��__�-.-
<br /> = rcnaon. �he mortgege insuranee coremge rcquired by Lender lapses or ceates ro be in efkcL Bortower shell pay Ne ''�h a` . �, F� '�'�...
<br /> -_.�� premiuma rcqufred to obmin coverege substamialty equivulent to ihe mortgnge inxurw�ce prcviously in effect,at a ms� .l,r�. , .�G�+x .•
<br />�'�?�� subx�mtially equivnlent to tAe cost ro Bortower of the mongage insumnce previously in c(kct,from an eltemate mortgege {�t^'`'it;.`���Y`•=;:t�`.`''.
<br /> insurer a roved b Lender. It su6smneiall e uivalent mon a e insurence cuvem e is nm aveilubla dorrower shall a �o �-'���"-%-' �^t-:r.
<br /> - .�T PP Y Y 9 8 8 8 P Y < - t - ��(� ,. ::
<br /> Lender each momh a aum eyual to one•twdllh of�he yearly mongage insurence premium being paid by Bortower when the ,y :i - . i`,ta�r-. - -
<br /> insunnce coveroge lopsed or ceased to 6e in e(fec�. Lender will accept,ux and rc�ain�hese paymems as u loss rc:erve in lieu s 1 '�,;"'j`,�� F :-
<br /> of mongage inaurence. Lost rcserve paymems mey no longer bc requircd,at the option of Lender,if mottgege insurantt � "c,zc��R�F��,, -.'
<br /> covemgc(in�he amaunt and for the periad that Lender rcquires)prov�ded by an insurer approved 6y Lcndcr again 6ccomes _ �_:,.r . ry__,�.;,^
<br /> ' evailable and ie obmined.Bortower shall pay ihe prcmiums rcquired�o maimain mongage incuranee in e7ect,or to pmvide a c 'A = .�} --'�
<br /> ;,:,i loss rcserve,umil�he rcyuimment for mongage insurance ends in acmrdance with any�vrinen agrcemem 6etween Borrower � �� `• ��:I�S� r ?:t�
<br /> 4, end Lcnderorapplicxble luw. ' - � _�;�ti ,� "'
<br /> 9. ins ce�lon. Lcnder or ils a cnt mn make tcaz.onohlc emric•.::. n and inti ^�•he Pm nr. LrnAer shall " �' i�- '-
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<br /> - give Bortower nolice at ihe time ot or prior to an inspection specifying reasonahle cauac fnr Ihe impection.
<br />.. - F 10. CandemneHon. 'ILe procceds o(any awnrd m rlaim for dnmagcs.dimn or mn�cyucntial.in conncetion u•ith any � _ "'
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