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<br /> perlode thnt Lendu rsguiree. 'Rie inswance caztfer providtn$tl�e Insurenoe�heli De chosen 6y BwcowN'oUbleN ro I.EMdrU , '`
<br />_ . appmqal_vihlcA�h�UnqtbaunroaspnablYWl�he1A. It9osmwufalletomeimafncoveregedacrtEed�bovo,'l�enpetmqp:AS ._ ;'
<br /> l.eri�rloptlon,oDtNnoovemgetopmtectl.endu§rlgh�stn�hbP�openytnaocoidwicew7$puagieph7. -
<br /> AU Insyuai�ce pollcloa And ronow�la efiall be acap�able tb i.enAer aM ehalt Includo e standerd mortguge elauae. Lsnder
<br /> :A�ii ha+,�tF.c d��taFald tl.:polkta WJ ror�ct:. liL.-nikrrequlrc0.Bosroaer eh9!!P�F�Y 8�ve ro Lcn4tr eU realpu
<br /> ot pald pam�um�and rcnewel aotiaa. in the evrnt of lwe,Borrowor�hall give prompt naice to the inwrance eer[fer end
<br /> Londcr. LendermaymekoproototloseltnotmadepromptlyDy Borcower.
<br /> UNea LenEer end Bortowcr othenviae egrea in wrhing,insurence proceed��hell be applied ro rcsroratfon or repnir ot
<br /> � the Prop:rty d n¢gcd,it the KuoroUOn or rcp�U b aanomlcelly feasible end LenderM eauriry ie na lea�ened. 111ho • - .. -
<br /> resromtlon w rc�p�ir b not economkelly tea�l6k or Le�MerY�ccurity would bo leasenui,the inaurence pracad�shall be �
<br /> applled to tho eume teeuted by th4 3ecudty(nsnumem,whahu or not then due,wUh my axaie pald to Bortowor. [f
<br /> Bortowcr nbnndon� tho Fn�peny,or doc�no�anawor wi�hln 70 day�e nako trom Lender�het the Inxurence cazder hee
<br /> ofRred Io aule�claim,�hen Lendar may wllsct the Inaurence pro�cede. Lendu mey uso Ow vroceeda�o rcpeIr or ruroro
<br /> eM Pro�tty or to pny wm�ueurcd Dy thU 3ccudty Inswmcn6 whqhw or not ttien due. 71ro 30.day perlod wlll6egln wfion
<br /> tho not co f� vcn.
<br /> - Unlw nder and Borrower othcnvlw agrco in wtidng,any appIkaHon ot proceeda to princlpal shnll not extend or -
<br /> postpono tho due dnte of eho momhly paymenu roferted to In paregrnph�1 and 1 or chenge�he nmoum ot the pa enb. It
<br /> under pueg�eph 21 the Property U ecquired by Lendu,Bo�rowerb riaht to eny Insurnnce pollcla end p�ttsultNg
<br /> from damage to ihe Property pdor ro tla acquuitlon shell pax+a Lenda to�M1e ex�ent ot�he�uma Keund by�hie Seadty
<br /> Nstmmem immcdietcly prior to the acqulsitlon.
<br /> — 6. Oaupancy, Preservation, Melutenance end Protedion of the Propert�t dortower'e Loan Appllcatlona
<br /> I.eeseholda. Boirower sAail oceupy,estabiish,end use Uw Property as Borrower6 pdncipal raidence witAln eixty daye eRer
<br /> Ne execution of thla 3ecudry Instrument end ehall mntinua w occupy tho Prope�ry ea Bortower§pdncipal reaidence!or at
<br /> �-�- least ona yw Uter �e da�e of occupanoy, unleas Lender otharniu xgrce� in wridng, which consent �dell not be "--"--'"'�
<br />- unrcasonebly wtihhold,or unlw wettnuatlng cireumatenas exiu whkh ere beyond HortowuY comrol. Bortower�hell no[
<br /> deatroy,damago or impair�he Propeny,allow the Propeny to detedorata or commlt waue on the Propeny. Hortower chall —
<br />;'�,-,' be in defoult if eny fodeiture ection or procading,whether ciHl or criminal,is 6egun that in Lenderti good faith judgment �-9n
<br />�:�::A could reault in torfeituro of tha Property or otherwija maceddly impilr the Iien created by tbla Secudty Waument or --=II:—
<br /> "� Lenderb ucuAry fntercac Bortower may cum aueh a defeult end rcinstete,as provided fn paregreph I8,by cauaing the�uion r��=�---��
<br /> — or praading ro he dismBaed wi�h a ruling thaG in Lender�good fahh dete�minetion,prcclude�fodeimrc of the Hortowerb �'}'"f`�-
<br />�`-�� Intercst in the Property or other matedd impatrment of the Iten created by this Secwiry Inswmmt or Lenderh aecudty ��iu;:_ `
<br /> -3J intercst. Hortox�er ahall alw be in defavit If Bortower, durina We loen epplicetlon prxw, gave matedalty feltt or � -
<br /> .!� Inaccursro intomution or s�etemenu to I.ender(or feiled w provida Lender wi�h any matedel Infoimation)in connectlon wlth s.�a --
<br /> -! the loan evidenad by the Nwe, including, but not Iimited�o, rcprcsentedona co�rceming Bortower`e occupnncy of�he '` �' ;
<br />.�� Rnpeny u a pdneipal residentt. if�hi�Secudry Inatmment i�on a Ieasehold,Bofrower ahell compiy with ell�ha provisiona ;�', ='
<br /> hf.:�,
<br />-`;�'� Of I�le leau. If Barcower ecquirea&e u�e m�he Anpeny,the leasehold md the fee Ittle:hell not merae unlesa Lender egreea _.'�r.M��-
<br />`.j ro the merger in wdting. _°�r r ,
<br />�n ?. Protec�ton oi Lender's Righn !n the Property. If Borrower teila ro pedorm the covennnta end agreements ?',� '' -
<br />"; con�eined in thi:Secudty Insuumrnt, or Wero fa a legal praeeding Ihat may:ignfficantly affa[Lender5 dghts in the ���f;+a;�".
<br />`�A Propeny(such at�proceeding in bankruptcy,probate,for mndemnatlon or fodellurc or m enforce lawn or rcgulatlom),then �;�if:�.�;^'�`f:.
<br />-�� Lender may do and pay(or whatever is neassary ro protect�he value of the Property end Lenderl dghu in�he Property. �3� 7 v..:._
<br /> '�= Lenderl actions may inetude paying any aums saured by a lien which has prioriry over�hie Security Instrumen6 appeving i;� '` '
<br />,� in court,paying rcasonnble m�ameya'feee and entering on the Propeny ro m�ke rcpain.Although Lender may teke ealon `-;g���rj,;?z;=�-
<br /> under thia paragnph 7,Lendcrdoea not have ro do so. �y'. ���r� -
<br /> � Any amounu disbursW by Lender under this paregreph 7 shell become edditionel ded of Bomower sccurcd by�his fzL e "
<br /> _= Saudrylnswmmt. UnlwOortowcrendLenderagreetootherre1maofpaymen6iheuemoumashillbearintcrcstfromtho r;yft; -
<br />,..,a date of dis6ursement at the No�e rate and shall bc payabl¢, with in�crcsL upan no�ice from Lender to Bortower rcquesiing �..i;,,;,,,,,,,,,,,'_
<br /> payment. �-s;v tt
<br />_:�',��- 8. Mortgage Insurantt. If Lender rcquired mortgege insmvice as a condition of making ihe loan secured by ihis ..5�.��`, ,',y:�
<br />.:i Security Instrument, Borto�ver ahall pay the prcmiums rcqWrcd io mninmin ihe mortgage imurnnce in effect. if,for my -,-,tf i� -
<br />-;-j rcuon, ihe mortgage insurence coverage required by Lender lapces ar ceases io 6e in eRect, 8ortower shall pay�he '�`"f�l
<br /> - �ti.-:,,, 4.. .:
<br /> _ prcmiumv rcquircd ro obmin mverage substentiaily equivalrnt �o the mongage inswance prcviously in efhn, nt a mst f;�}F F� "
<br /> ' subs�emially equirelent�o the rnst w Borrowcr of ihe mongoae insurnnm prcviousiy in effea,from an altemate mortgage ;�� r _
<br />.-.j insurcr upproved by Lender. If substantinily equivalent mortgage insurance coverege is no�araileble,Borrower shull pry ro - -� _:
<br />-,-,:� Lcndcr each mon�h a sum equal ro one-twelfth of�he yemly mongagc insurance prcmium being paid by Borrowcr when�he ''�°"-'"''!1'�•
<br /> '1t J+3:,S:,.
<br /> .; insurance mverage Ii�pxJ or aued lo he in effecL LwJer wiil attrpl.use md reluin Ihese p�ynunis as n loss rcserve in lieu �•x a --:
<br /> of mongage insur+nce. Loss rcserve payments m¢y na Ianger be rcyuircd.at�he option of Lender.i(mongage insumnce '�"� J -
<br />--„ corervge(in�hc emount and far Ihe period Ihat Lender requircs)providcd by an in}urcr appmved by Lender agein bernmes �':"r".":'.t':�'.;�%�•�
<br /> ' avuilable anA ix obleined.Bortower ahall pay tlie premimnc reyuircd to m�iMain mongage inwrnnce in e(fat,or�o provide n i�_,j�;�:Y�;��:-
<br />��-? lass rcserve,muii�he rcquimnxm for mongage inmmnce enJs in accordmce�vith any o�riuen agreement 6naveen Bortmver ',-," �tr`°�
<br />:.,_I end Lcnderor npplirnhle law. ?r�.��t;_�_-'---�
<br /> � 9. Inspecitan. Lender or i�s agem may make muonable entrie.upon:md in.�r�ions o(�he Propeny. Lender shall �.�..;_;__",.:"".
<br />-.-�i give Bortower nalice a��he�ime of ar prior�o an incpec�ian+pecifying mawnable cau�c(nr ihe inspcainn. i'; ._•,�:
<br />,::.J I0. Condemnetlon. The prexeeAs n(nny award or clnim fnr Jamage+,direcl nr mn.equeneial,in conneclion��ilh my �.--'_�,:,_;. .�
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