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<br /> . r^ Y�.iYhlCh S�lill•riDt bC IIMEi4M��w11�1Cb. �BQROM1YE�f�S GO�III'(70�ICli$C dCSCfI���DYC►LdldEr tpiy.� `
<br /> ` �$qQ'llOQ.O�l�II batlLl3$C t0 piU�GCt�'�T1�1L411T ibE p[�Gll�,ld iL,�iO[�iliCC Wiib�$[�j1�t 7� � � �
<br /> 1�IA�Ua11CC j10�IC1GS ai1�tEtltW9f3 3��fE BCOC�i�C,tdfrCll�Ef 8f�S��tOL�UdCi S(B�QiT�1l10(t$8$CC�. �< ` -
<br /> sf�atl hsve the rigbut w hold the policies aad rwewaTs. ff I.erder tequQes,Banrawer sMU p�capttY$�to I.ender all�oeipts � .
<br /> of paid jaemiums a�d.fi�new�l notice.a.�Ia t6efeveat of loss.Boriower s1�ll give p[ompt twtioe to the u�uanot c�riei and
<br /> — - � � Lr,�er. f�eade:may sneke pmof of lo�i€noi msde pr�nptly bgt Bonoarer. �_ • _ � --_--
<br /> iTnless I.eoSer aad,Botmwer edxewtse agjaa m wiipng,�oe p�oceeds sluri 6e�pplied tu�to�tion or z�pair of _
<br /> . tFit.Pcnpaty d�maged,i�tha nstora�ion�rep�ir is eoono�ily f�and L.eader�s�stt�rity is not le.snned. If tbe `
<br /> . ' iesto�atiun oF repair is nat eoonomic�lly feasi6le or I�ender's seFtuity wonld 6e Iasseaerl.$n u�tratyve prooeeds stiott be .
<br /> applied to tde suEns sauco�t by this Saaqit�t Iamumeat,a�bdber or��t thea due,with any exass paid to Barower. ff
<br /> - � ��rer�b�ndatq ibe Fropetty,ar does mt�wer wdirin 3f1 dsy�a notice ftom Iander tla�tbe�inswsnue ciai�r I�s , • ,
<br /> offaed w sett3e a cfaim.ihea I.rader m4y coibct the�oe p�ds� i.ender mal►use tbe.�moeals to iepair at tes�ore
<br /> _ tbe Propaty arw p�y soms secut�ed l�y this Sewcity Ia�tnuneut.wl�lier or Aot t�fi�e.7be 30�ay pe�iod wiU begim whae ` ,�,
<br /> ` t6e notice is given. . : •
<br /> — Uak.sc I.ader aM Boa�nwra afherwise ag�oe ffi vvtiting.aay applicaeiaa of pmcxeds to priacipal sdaU na eumd a
<br /> -- postpoee d�e due datt of d�e mo�h�Y psym�n,�ed to in pcus�s 1 and 2 or c�ange tUe smount of tba payineat's: tf ..
<br /> u�der paragraph 21 the Fcuperty is aaluined by l�ender,Botmwer§riglrt to aay msaranoe pot�es aM pinceads nsult�ug. .
<br />- fmm damage Yo the P[opesiy pnor to d�aoqiusmon s6aD psss to L�ender to tbe aatmt of the soms secuned b}r this Sxuhty -
<br /> N�nt immediat�etY Priar w the acquisidon. � tti �•�
<br /> � 6� t)oap�ac� Pr�rvstios.Mal�eoe asd Pratectiais at t6e Pr+upert�; Ba�so�ver's t.aw A�plie�ioin;
<br /> - I.e�t6old4. Baripwer shai!occupy.establisb.and use the�rapect�r as Boa�wa�p[incipal�esidence adtl�in si�uy days af0er
<br /> . the ezdanian of 1Uis Sectaity Ia.suomma�!�mll c�iome to oocapy tbe Propaty as Bo7bnwer�s pr�pal:nsida�oe for ac `
<br /> - • • kast a�e year after the d�te of uoCUpaaey. ta�less I..a�der atlncwise agees ia v�rcuing, whic6 000sent sh�ll not be
<br /> unnqsoaabty wit66etd.oc unkss exteaaating�exist which m beyad Hbaoaer's cantml. Bormwet si�ill not
<br />- " desmb�y.damage or impair tife Ptuperty.stUow the Ptupe�ty m deteriaate,or 4rommit wasta ua tAe Piupe�ty.-Borcower.sNail`
<br />- be in default if any focfeiuue ac6an a pi0000d'mg.whether civjt�crjminal,is l�egun ttmt in I.ender�s good faith jndgment
<br />_ coWd c�lt in forfeimre of tde R�perey ar m6eraise mauriaUy i�npair the uen created by this Savrity Ir�uumau a �
<br /> �,� � I,ender*s seciu;ty intenst.-Hpmnwer�nay am sucH a defanh�nd niastate.as piwided�br�ph tS,d��gtbeaction�
<br /> or proceoding to be di�missecf with a mling d�at,in Lendtr�s good faith detenn�tioa,.P�ocl�rdes forfeiutte of the Borrower� —
<br /> = . ime�est in�he Ptopeity or wUer maurial impaitment of the Ben created by tbis Sec�uiity•Insuument or lrender�s sceurity
<br /> � imeres�. Bortuwer shalt also be in defauh if Boirower.dumtg the loan applic�tion process, gave mater3aUy false or �
<br />-: uiacauate infonnation ar st�nents w L,ender(ar fa�ed w pruvide Ixnder virith anr material�nfom�)tn�aa with
<br />:=.,; the loan evide��ced by the Note. irxluding,bat not limited to. iep�essntations coocemin8 13oerowePs eccupancy of tl�e
<br /> Ptoperty as a prb�cipal residente. If dris Sa�aity lnstrument is on a kaseMl4 Botmwer shall comply with stll tbe provisions
<br />- of the le�e. If Borrnwer acquires foe thle to the Propeity,the Iessehold and the fa tide shaU not merge uNcss L.ender ag�ees
<br /> to the mergcr in writing. . •
<br /> 7. Prnta�tion d I�*a Rig6ts�n We Properly. If Horrower fa�'ts co perform�t�ft covawnts anc[ageements
<br /> '_ cantained in this Secucity_Instnm�t.or there is a legat pinc�ding that maY significantly affect l.ender� rights's� tbe
<br /> Prope�ty(such as a pmcading ia banluuptcy,probate.for condemnahop or forfeiture or w enforoe laas or negWations�t1�• ---
<br /> l.ender may do and pay for whatever is necessary ta protect the value of We Property and l.ender�s rights in the Property. —
<br /> . Lender's actions may include paylag any sams secured by a lieu which has pciority over this Security lnswrt�ent,aPP��nB ��,
<br /> in court,PaYinB reasonable attomeys'fees and entering on tbe Pcopeny to make repairs.Although L,ender may take action ��� ,4�,
<br /> ' '�' under this parag�aph 7.Lender does aot have to do so. �,.':�;Y:►,
<br /> Any mnamts d�sbunsed by Lender under this paragraph 7 shail bocome additional debt of Botmwer secured by this,
<br /> Seeurity lnsuumen� Untess Borrower and Lender agree to other terms of payrt�en�these amounts shall bear interest fmm the ���.��
<br />= date of�at the Note rate and shall be payable.with inurest,upon notice from l.ender w Borrower requasting =f�`� .
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<br /> � _ '�`��. ` PaY� Mortgage�lesnran� If Lender n;qui�+ed mortgage insurartce as a condidon of making the Ioan secum�by tlus :;Y;-_;= .
<br /> -�''` �"' �� Security h�s�men�8orrower shatl pay the premiums required to maintain the mortgage insurance in effect. ]f,for any =;•--�'
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<br /> �`' rea.4on. the mort e insurance cov e uired Lender or cea.ses to be in effect, Bomower s1�U tt� ,r,
<br /> - • .���:.: 88S �S �l bY �� PSY • r,_;_...
<br /> . ,;� '�`�: piemium.c required to obtain coverage substantially equivalent to the mortgage u�surance previously in effett,at a cast �, �;�
<br /> „ '�:• r suhctantially equivalent w the cost W Borrower of the mortg�ge insurance pt�eviousty in effect,from an altemate matgage � . -'
<br /> ±�;"; i�urer ved b Lender. If substantially uivalent mo e insurance cov e�s na available.Bo�rrower shall to ���'�`+��-
<br /> ePP� Y @9 rt�8 �8 PaY �i�stq�•.;_,
<br /> '•�..�: 't• Lender each month a sum equal to one-twelfth of the yearly mortgage insurance premium being paid by Borr�uwer when the -,?;-;{__.
<br /> _- �:.`� = insurance covetage lapsed or ceased to be in effect. Lender wi��cept.use and tetainth�se payments es a foss►reserve in lieu -.- --
<br /> �� '��r°';�: of mortgage insurance. Lass reserve paymentc m�y no longer be requlred,at the opti'dh of l.atder.if mortgage insurance
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<br /> ��y,�, ; coverage,(in tl�e amount and for tha period that lxnder mquires)prrnided by an insurer approved by Lender again becomes -
<br /> available and is obtained.Bmtnwer shalt pay the prcmlums mqutred to maintain mrntgage insurance in effect.pr to pmvide a - . '
<br /> ,�f ::- _. tos.w reserve.until the requirement for mongage iasurance ends in accordaace with any written agreement between Borrower .-"
<br /> "'.#� .3� :. �; . and Lender or applicable law. •
<br /> '�°�'' 9. Im.�pecHoa I.ender or its agent may make reasonable enfries upon and inspectians of the Property. Lender shall -- .
<br /> '• 1�:;;:•> t:k;:'r-::
<br /> `,;�,�� give Bomower notice at the 6me of or prior to an lnspection spceifying rea.wmabfe puse for the inspectian. • ,
<br />� .�,µ�R�•;;, • 10 ConAemnatioe. The praceeds of any awnrd or ctaim for damage!�.direct or consequential.in connection with any _ -
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