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<br /> , p[+O�Rty��T063 bJ(�IE,�S tI�L��IfIt�UII 3�L't�tm�C�RIdOd�YEl7gG i��O���s�
<br /> = < floods or ffoadiog,fot which.I�eeder rapin.s ms�rarK'c-This ias�ei�x�all be maintained'm�amnums and t'or the periods, �.
<br /> - tMt�.dndx�.TI��oe�r pmviding the ins�uanoe shal!be cLoSen by Boa+av��a sub1eF�t ta�.Sndes's apProv�i . .
<br /> wbicd sl�li uot 6e annasanaiily,witLhetd. �t'Borcuwer fa7s oo m�ntaia caverag�d�cribal above.L�idtr may,at I:arda's �
<br /> , `uption.ob[ain coyer,�ge to groteet T��der's ri�ht�in thc Prvperty m xootdancc whB paragrapb 7. �
<br /> �<' - - - AI��u'�nee golicies aa�re�wals slnl!bFac�epEabk ict L�d!ec and shall indu�+ea�,molt�g,e_cl�nse'i.�+da_
<br /> sbatl l�ave ti�iightF+o hotd tlie�poliaes and•i�axwals:,�f I�endec te4�ir�s=Boirovru shalt proa�ptly give to I.eoder aU�receipts of � .•
<br /> . . P�P�ums au�r�eneNral mrices.in�eYera of�oss:Bo��ha118ive ptanpE iwttce to the ins,ur�noe�and Ieoder. ' ,
<br /> , LeMer maq t�ate proof of tass if not atide pmmptiy by Bormwer. . ' ' '
<br /> . �Td�ss Li�der a�d Borrew�.ot6a�w�§a a�in wri�g,i�oe pcooerdc siqit 6e appTiad to�ion or rep�ir of the
<br /> Prope�ty dama�ed.�f tbe�or�pair is�ononoically feu�'We aad I,aider's seatriiy is not I�.,rf tbe nstoration ot �
<br /> .. �epir is dot a�ity fc�as�k or t�oder's saauity would bt lesge�bd,t14F�+��p��be applied to the�
<br /> `' secutrd tiy t6is Savrity tnstn�nt,K�fiether or not thea due,with atry.daass paid tu Baemwer.ff Botrower abaadons tbC
<br /> Pcopaty.4�r does not answer within 30'days a notioe_fmm I.ender that the insuranoe carrier has offe�ad to satla�elaim,thai ,
<br /> i�ender may caoliax tbc rosuranaG,ptuceeds. I.erder may nse the prooads�to npair or x+estdnc the P�ty or ta pay"suri�= .
<br /> sa�by tlris Seaitity Insuumdu,whdbe:or mt tbm due.Tda 3Q�day peRio�aill begin when tlie notioe is giren.._ , -
<br /> Udess La�der`and Boirower o�twise aBroe in writing.anY spplicaGon of prooads to priacipal shall not extend�r • :
<br /> _- postpone tbc�due-daie of tl�p atondily payma�ts r+�fanod to In paiagtaphs 1 and 2 or changs t�e amount of the.P1Yma�ts-If
<br /> _ �mder�21'ihe Prop�tty is aoqalr+ed by I�ender,Bomnvireer's rig6t to aoy ins�rranoa policles aad�0000ds res�ilting from •
<br /> - daroage w tl�e Fcoperty giior w tbe xqui�ition shati pasc w Lender w tbe eiRemt o�the s�s s�ted bq Wis Sa.urhy I�uma�t
<br /> immediatdy prios w tbe acquisition. , <
<br /> �.Obcop�ecy,Ptesarvatioa,Msintmuooe and Protactbn ot t6e Pt+q�a�ty:Bormwa's Loan Appliention;I,ease6oWs. .
<br /> = Bomov�rer st�atl axupy.�stablis6,and ase the Propaty as Ba�rrower's princjpal�ssideaoe within sixtY days��f'ter tTie raceaition of
<br /> -- this Security Insuumem and shatl co�uiaue w oxupy the PrnpeRy as Borrower's princicipal'iestciEnce for at least one year after
<br /> _ _ t�date pf aaatpancy,untess l.ender odterwise agrasiu writeng.whidt soraent shsH trot b�unreasor�ably withhetd.or ualess • -
<br />'•:<`� eaaaivating �exist which are beyoad Borrower's oomrol. Borrower�sMafl rat destmy, damage or impair the
<br /> Property,allow the Propetty to dcteriorate,or comanit waste on the Pmpeity. Borrower shall be in defattlt if,amr forfehare
<br /> action or proceeding,whether civil or crimi�l,is begun that in Leaider's gaod faith jndga�em couid result in forfeiwtc of the --
<br /> = Pmpeity or otl�erwise materially impair the lien created by t�s Security lnspnuuatt or t.ender's security lnterest.Borrower may�
<br /> - cutie such a default aRd rein.state.as provided in pacagraph 18.by causing the�ction or prnceeding to be dismissed with a ruting .
<br /> that,•fi Lender's goaf-faith determitmtion. precludes forfeimre of the Borrower's intet�est in the Pcoperty or ather tnaterial
<br /> . impaimuat of tbe lien create� by this Security Instrument or I.eader's serurity inter�st. Bormwer sGail aiso be in defanit if
<br /> Borrower.during thc loan application process.gave materialiy false or i�cvrate information or staf�nenu to Leader(or faited-
<br /> to parv�dg Lender witb aay ma�ial iafomration)in oonnoction with the loan evideneed hy the Note.including,but not timited ' - --
<br /> • ta.representatirnu conccming Borrower's oocupancy of the Property�s a principal residence. If this Securiry Insirument is on a �_—
<br /> ' leasehotd. Barrower shail c�omply witb all the provisions of the lease. If Borrowes acquires�fee title w the Piroperty. the �-
<br /> ; �!�� leasehold a�d the fee tittc s6a11 not mcrge wtless Lender�rees w the merger ia writing. �=``
<br /> ` �-.:':;� ' 7.Protactiorr ot Lender's Rights in the Prnperty li Borroiuer fanls to per�'arm the wvetrants and agreemcnts contaitxd'm "`
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<br /> this 5ecurity Instnunent.or there is a legal proceeding diat may significant{y affect l.erider's rights in the Property(such as a �,-�.._
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<br /> • pmceeding�1n bankruptcy.probate.for coademnatian ar forfeiture or to ertforce laws ar regulations).then I.erber may do and �,�__
<br />-� paY for whatever iA necessary w pratect the value of the Property a� Lender's righxs in the Propercy. I.ender's actions may. �"`a�A:.
<br /> _ .�,y�� ;. include paYins auy sums se�ured by a lien �yvhtch has priority over this Security Instrument. appearing in conrt. payin8 ,. - -
<br /> �. � -, "�`�:t`• reasonablc attomeys'fees and entering on the i;roperty to makc rcpain. Althaugh Lencfer may take action under this paragraph ; _
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<br /> Wr.�;.•,,°:° ' ,. 7.Letjder does not hava to do so. '
<br /> • ' "p'`' •.-; � . Any �unauntc dlsbursed by l.encfer under this paragraph 7 shap heeome additional debt of Barrower re�urod by this• � ':.::'
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<br /> -= • . Security lastrument. Qaless Borrower and l.cnder agrer to other t�rms of payment.these bmounts s1ud1 brar interest irom the �
<br /> `�' ''�� r datc af disbursement at the Nate rate and �hall De payablc, with interesl, upan notice from Lender to Bnrruwer requcsting `�
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<br /> - `.', -'_�,.- ' &Moeq�e lr�sumnoe.!f 1.endenM�uired mortgage ir�sumnce a.�a conditian af making the loan secured by this Sec�rlry =_
<br /> -- ..,,�,,�'�� lnstrument, Borrower shall pay thc premiums rec�uired to maintain the mcnt�e imuran� irt effect. If. far arry reason, the ';,':,
<br /> : r�--,r:,��,-<<°�- mottgage insurance coverage required by l.ender lapses or ceases t�be in effcct.&mower sliall pay the premiums required to -. -
<br /> . �. • obtain cover�e substantially equivalent to thc mortgagc insarancc prcviausly in cfierl,at a c:c�u xubstanciatly cyuivatent to the .. •
<br /> �w��: -�'. � cost to Bonower of the mott�ge insuranre previously in effcct. from an altemate murtgage insurer approvod by l.cnder. lf
<br /> -��" ' substantially equivalent mottgagc insuranct cavcrage is nal avs�ilnble.&�rrower Shuti pay to Lender eacfi monib a sum eyual to . � �
<br /> ' :: �;,:s� ot�c�twelfth of the yearly mnrtgage i�urance premium being p•rid by Borrawer when the insurance coverHge lapsod or oeased w �
<br /> � '�±"'= be in effect.l.e�der will pay °
<br /> .x*�,:'...... accep�u.+e and n�tain thesc mcnts s� a loxs rescrvc in lieu of martgagc insurancc. Lass reserve
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