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<br /> ` ' � �py�yY��tC�l S��OOt bE i1O�00�}►VPIt�IC�. ����l�S IO�CO�V�C�lSCO���10Y�lptjl•�• �
<br /> � i.�Cl�S p�aQ,D�1 DOY�CtO��.Cf1dCt'8 t1�f.S!II tbC�IO�CCf1Se 1�a000[�OCC WIi�Q�1�tY�1 T• ' • ' � ,
<br /> � ` /�IQStffAdtC pO11C1ES a11�1GICW�.4 S����C Lb�dDdCC�S���C!Sf�fld�R1d1[$�$E C�SG. ��Et , .
<br /> ` , �U bave the rigM ta hoW the paticies�ad taiewat4. If Itnder iequites.Hon�wa�shaq�pt1Y pve w La�det�il t�exi�ts
<br /> �of:Pa�d p�i�and r��ral notices. In�lu eveat of loss.Bo�mwer shall 8ive Ptompt aotiee w tha a�ranoe�rsia anr� :
<br /> _-. � �de� l.sn�kr m�y maiceµ+nof of l�s if uot mitie pnamgtl�►by�cm�!rr. ° . :. � ` _' _._ . _
<br /> ' UWest Lendet and 8oaowe[od�vise agree in wcidng,is�uaoue p�ocoeds shali be applied to iestor�tloo or:epa"v bf
<br /> �� . �e Ptaperty d$msged,if tbe nesloratian or re{�air is.aaonomicaily fea�'Me and l.endei�aecutity is not lesseaod.��If d�e <
<br /> - �.test°rari°°or rr.p�ir is na eooa�Ay feas�'bk or I.ender�s se�uity wou�d�be Iessened,d��u'ap�x.Pmceeds sball be •
<br /> . qtplied�the�sauted by tliis Soaaigr I�.whetber or aot`then dae,arith tiny excass p�id tu�Bcxcower_ Tf
<br /> Bo�r�cer ab�tlaas d�e Propeity,ur does rnnt�aswer widti�►38 days a notiee frtxn I.enda�that t6e nwu�oce ea�f�s �
<br /> � oHec��d to seale a clain►,thea l.en�er m�y coltxr d��preeoads. l.adu�may usa t6e pi000eds w npwir a nesfone °
<br /> � the P1rope�ty ar tu gay sqms soc�aed b}�this Sowricy Insuprcnem,whether or not dim due.'1'hc 30�y period w�l b�n w1�en; ,
<br /> - t6eaa�iceisgivm. : � ` - � � . .
<br /> ' Uniiess I.ender aod�&xmwer ot6eiveise agroe in writin8•��Y ePP�;cat�aa of pmcceds w Mineigai s6�ll aot extend ar ,
<br /> �one�1�e doe da�e of tbe mambty paymeats rs�ernd to ui paragraphs 1 aad.2 or change t6a amo�mt of d�e paymcnis. If
<br /> ` wlder parag�21 tbe Pro�ert`y is acqaired by l.ender.Bonuwer�s right io aay u�ut�poTieies and p�ocads tasWting -
<br /> —_ - fmm da�ge ta tbe Property pnor w the acqu�tion shall�tit�ender ta tte�exteat of tbe sums sec+med by dris 3ocu�ry
<br /> . Inshummt lmmediately prior to tba aoquisttiati. - . , .
<br /> _- . 6�. Ooaspsacs; Pt�ervatios, Mai�as�we aad H�ecNon•of t6e PropMy; Bo�ro�rer's�Le�n Appiical�a�: .
<br /> =_- I.aaebo�its. Botmwer shall occupy,es�6lish,�t use tl�e Pmperty as Boaower�s pnncipat reside�xx within suuY days ai�er .
<br /> -` tbe exoeuaon of dris seCUrc;ty�psautn�eM ana sh�1n canpm!�co«xvpy ax reiopescy as Bomnwes�s princl@•rl rasiee,�ce fer ai
<br /> • last oae-qear afier the date of occup�cy, unles� i.ender othelvvise agc�ees In writiag. which cansent s(iaU not•be .
<br /> = murasoaabiy withheld,or onles.4 ezte�watirtg circumstances exist wbich are 6eyond Bomuvtrct's cartrol. Bormwer sball not
<br /> ..-- � dest�oy.dantage or impair the ptoperty,a11oW,!be pmperty to cieteriorate.or commit waste on Hte Pcnpeity. Bamawer sl�ll
<br /> be in default if aay forfeiaue action ar pmceeding,whether civ�7 or crimu�al.is begnn d�at in L.ender's good faitb judgment
<br /> •�� cuu�d �salt in forfeibue of the Praperty or otherwise materiaAy in�pair the lien c�eated by this Security L�t or
<br /> :_ - 1�ei�deris security intecesG Bormweemaycure suc6 a defaalt��as pmvided ia pa�eaph I8,by�asn�the setion- -
<br /> . � or pmoeediag to be dismissod witb a ruling that.in Lender's guod faith dete�mination,preciudes forfeit�e of du Borrowa�
<br /> intecpst in the Pt{nperty os nther material impaim�ent bf the fien created by this Security Ia�urtt ar l,ender'§sectuiry
<br /> : ,_ .,�,,}, iieterest. Borrowec sha11 atso be in default if Borrower. d�rirtg the loan apptication pmcess.8ava materiaUy fatse or
<br /> "_:,.�. _..���°_ inaccuraae in�o�on or statements to Ixader(or failed to provide LRnder with any material inforniationJ in�wnne�uon with
<br /> -- d�e tvaa evidenced by the Note. inciuding, but not limited to,representations cancem9ng Borrower's occupancy of the .
<br /> Pt�npetty as a principal rasidence. if this Securiry Instrument is on a leasehold.Borrower shall camply with all the prnWsions �
<br /> • of the tease If Borrower acquires fee tide to the Propeny,the leasehold aad the fee title shall not merge unless Lender agnxs '
<br /> _ :to the merger in wrtiting. . ' • ,
<br /> - � 7. Prabectfon af IRnder's Rights i�r tbe ProperEy. If Barrower fails to perform dte cavenan�s add ag[�eements
<br /> • - . ` ` . . contained in this Securiry lnstrument,or thee�e is a legal prnceeding ttiae may significantly•affect l.ender§ri�ts in the
<br /> a 4,��::-;^, Property Esuch as a praceeding in bankruptcy.probate.for cartdemnation or forfeiture or w cmforce laws or riegu[a ons).then
<br /> :�.�-�`;�_';;:<:t��c:. L.ender may do and pay foc what�wer ic neeessary w proteet the vttlue of�he Property and Lender's rigMs in the Property.
<br /> ��. � Lender's actions may include PayinB any sum.s secumd by a lien wAic6 has priority'over thi.y Secucity Inswme�u.appearing
<br /> - ` ''i:;:ti.:�';:•.q'Cr
<br /> .,,�,�,,x�..,.: . , ia cour�.paying reasonable attomeys'fees and entering un the Ptoperty to make repairs.Ahhough Lender may take'action
<br /> `. ..`'-��:'•r - =" uader this puagraph 7.Leader does not ha�e ta do so.
<br /> -- s - " -:�,� -' My amounta disbursed by Lender under tfiis parngraph 7 yhall became additional debt of Borrower secored by this
<br /> »- -��`�''�� � Securiry tasaamen� Unless Borrnwcr and l.ender agree to other termx of paymen�.these amaunty shall bear interest�fcom the
<br /> �' " - 'c�"�� date of dis6urscment at the Note ratc and shull be payable,with intemst.upon notice from Lender to Bormwer mqucsting
<br /> .: ' �,.�:. .
<br /> =� .:�:�'``:�..�-. payment
<br /> ;..r,.�,.__ _ . & Moetgage Insuraac� if Lender rcquined martgage msurance as a cortdition of making the tain secured by this .
<br />=. , �:�;.,o=,.;...:y_:�:
<br />�'� ' _�._":-' ` " �� Security In�trumen�Borrower shall pay the premium.ti rryuired to maiatain the martgage insumnce in effect. If.fot airy
<br /> , � '1�_.��� : . , reasort, the martgage inwirance coverage required by Lertder lapsec or rea.u. [o be in effect. Sorrower shall pay the
<br />- � `� �""�T prerniums required to obtain coverage yubstantiaQy eyuivulent ta the moitgage insuraace previously in effect,at a cost
<br /> • °�, ��' ��''' su6stantialt mvalent to the wst ta Borrower uf the mort e in�c�rancc reviousl in effect.from nn aitemate mort a
<br /> - �t�`�r�;�__;•:.,_ Y eq ' SaS P Y 8 Se
<br /> . . • insurer approved by Lender. If wbstantially eyuivulent martgage insumnce cavcrage is nat available.Barrower shall pay to
<br /> .. . . /:. ^ .�f ' .``. �
<br />,� �� _ I.ender each month a sum equal to onc-tw�lfth af tF�c yc�arly mrntgagc insur.uico premium being paid by Bomnwer when d�e
<br />--t...;� ��-":,'�"`� insurartce carerage l�pscd ar ccused w Me ia effi�t. Lertder witi accept.u�and retain these payme�ts�a toss mserve in lieu
<br /> -_ . �;�. __;� '� of mortgage insurance. Loss reserve paymentx may no lunger bc reyuired.a�the option af Lender, if mortgage insurarrce
<br /> _ ,�.,��=; • caverage(m the amount and for the peri�xl thut lxndcr rcc�uires)pmvided by an intiurcr approved'by Lender again becomes •
<br /> � �'"� available und is obtained.8omawer xhall p�ry thc pmmiums rcyui�cd to maintain marigagc insurance in effect,ar to provide a
<br /> �� = . . - � toss mserve.until tfie requirement for mortguge in�urance ertds in:ucind:mce with uny written agreement betwcen Bnetuwer _
<br /> ; .�,:..:.: ;.��,. : azid Lcnder or appiicable law. .
<br /> l. • ' 9. lnspecNon. Lender or i�ti ab�eru may make m�non:sbie rntricti upun and incpectians of the Praperty. l,�rtdcr shalt '
<br /> , ;;�.'r,-_�,:;_:; .. . give Bomnwer notice at the time of or prior to An irnpcction specifying rcawnable c�au.u:for the inspection. -
<br /> r��'• • 1Q CundenmAtlon. The praceeds af any award ar clAim fnr dumvges.dircrt or comcyucntial,in conrtectiun with.any -
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