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<br /> . -p�a'iods tint Le�ldet�Qvira. 1Le m�w�oae c�nTier p�ovidi��!e insurao�e s�e�l be caros+aY by Bonq�Mvet aabjett 1Q La1t1!'t�s`
<br /> - ap�x�oval wliicli s6rU bot be�I�r withbeld.� �f BoimWer fails W mai►�taia cov�r�ya descn'bed�abov�I�der mry:at' � �
<br /> - 'I,snBe�'�s aptioa,ai�n��o�reis�e W p[otect l�enckt�s ngl�s ie the�iop�e�ty in�td�noe with pQagapi�7. � -
<br /> �` . Aft�epotidss and 3+c�ewots stnti be acceptabk tb i.eader an�shs116�c�a stand�i meugase clwse. Lciader- � .
<br /> .. � sti�ll bsve tfie rig�t to huI�8�e poticies aod rc�wsls. if Ix�der noqnir�Baa�owea shaft p�omptlY 8n'a to t�ender�11�
<br /> ��.P�'��#�n�newal r�tioes, :iri the evau of loss.Baiowa slW11 give P�+uisPt�a�ae,to Qie instuaaee catrier aod'
<br /> - - Leeber. E.ender rt�sy m�ite p[o�of of loss if i�a made pmmptlY-li�'�e� ,-. ; ,- - � - •
<br /> � iJniess lreadet atxl Batrawer at6aari.se�agree u�'vvritmg,`ins�u�nce pracc�+As shs116e�ptied_to�stantian oc iepQir uf
<br /> tIe P�ppert9 d�aaged,�tle it�aatian or iepair is e�otlotnicatly<fqsQbk and I.eader�security is aat les,uned. If f6e �
<br /> � �stora{iqt ot tepair is oot eoonomicaity feas�k or I.endet's security would�be lesse�ied.t6e insuest�oe ptoceeds sirill ber,' .
<br /> �pplied m tbe su�ns sauned,bY t6is SecuritY b�rum�Q4 whed�er•ar not d�en dae.with any exeess paid to Bormwer_ if , • �
<br /> � � �a6�ndan5 the i'�openy.ot das mt answg witlun 3fl gays a aatioe 5oih �.s�tkr tWt the+nsurame ca�r�a€�
<br /> settle5a claim.tbea La�er maY����P��-t���Y use t6e pioeeeds to repair vr�stwe..
<br /> ' the Ampaty a tn pray�ums secu�ed hy this Sa:uruy Lts�uneat,whetha ar not then Que.'t'Ae 30�day periud w�71 begin wbai
<br /> Uie t�aRit�is givea , . _ ' , � � _ `
<br /> . Unless t.eedet and Borrower oth�rwise�aS�ee ia.wietin&anY aPP��Af P�$�►Prin�Ipal s1�all not exoend br
<br /> — - po�One tl�cdut daoe ot the monthlY PaYmeats t�efemed[o in paragraphs i and 2 or change tbe amount af the payments. tf �.
<br /> �, under puag�aph 21 t6e P�uperty is ac�aised by l..ender. Borrower�s rigbt ta•any insutm�ce_policies a�ptoceods t�esuldng .
<br /> � from asera�e w the Propeny pdc+r io the acq�o�r shau pass to I.ender to t6e extau of tl�c sums sxuroa 6y this savrity.• ,
<br /> � L�t nnrn�atcly prior to tbe acqoisidon. ` � ' � '
<br /> -- . ', 6�. Qc�apa�cy. Preaervation, Mai�temoor aad Proteetian d<tMe Ptopelty,��$ate+uwsr's i.aa Applicsti�a; ..
<br /> - I:aael�oWs. Soriower shall oc�upy.e.�tabGsh..and use tbe Property as Borrower's pnncipat t+esidciice witbin sixty days aRer
<br /> .ifie execatian of this Sea�rigr InstrumeeK aacl s6a11 cantinae to oocicpy the P�+nperty as Boimwer�prtnapal�idence for at
<br /> ' kast eae ytac aRer tbe date. qf oocupreocy, ualess Leider ot6erwise agRCS u► writiag, whicb coraent sGaU,not be .
<br /> un�easaoably wit�hetd,or ualess exta�abng�exist wt�ich are be�rond Borrower�caatroL Bormwet shalf not
<br /> destnay,damage or impair the Ptnperty.a11ow the Ptuperty ro deteriorate.or cor�mu waste on the Pragerty. He+mwa shall
<br /> - be in default if any forfeivae artian or{�roceeding,whether civ�'I or criminal.is begun that in I.end4r�gaod faith jndgme�rt
<br /> ' could �It'vt forfeiw�e`of the Property or�herwise materially impair d�`e�lien created by this Sec[mty Inspnunent or
<br /> j� - •Lender�se�rity intt�t. Bormwermay s�such�cbefanitan�n7nstat�as P����}8��Y��S��- -
<br /> , or Pmceed'mg to 6e dismissed with a mling tha�ur Lxr�dert gaod faitb determination,precludes forfeiture of the Bormwer�s
<br /> = arte�st in tbo Pt+�ty.or otlter maferiat im�of the lien created by this Sect�rity instntmeat or Lender�secucity
<br /> � • �. Bo�mwer shali also be m default if 8omawer,diuing the loan appticatiar piaoess, guve ri�aterially false or
<br /> � inaccuratc infam�auan or�tatements to i.e�der(or failed ta provide I.ender with any material infmmationl in caamectim aith .
<br /> the losn evidencod by dtc Note.its�cluding.but not limitod to, t�eptrsentatianx conceming Bomawer's accupaticy of tbe
<br /> - - Property ag a principal ns�e. If this Securiry Luuument is on a leasehold,Borrower-shap comply with nll tUe Qrovisions �
<br />-- of the lease. If Bormwer aaluiries fee title to the Ptoperty,the leasehold and the fee titte shail not merge unless l.ender agrees
<br /> to tNe merger in writing.
<br /> - T. Pt+ota�tion of E.ende!'s Ri�3a in tUe ProperE� iP Borrowee faits ta perfonn the covenanu and agraements ,
<br />_ -- � c�ontained in-this Security Instr�umen�or tliene is a 1e8�P���S that may sigaificaatly affect l.ender's rigMs in the '
<br /> Pmperty(such as a procer.ding in bankruptcy.probate,for�ion or forfeiture or w c�nforce laws or regulations).thea
<br /> - ' 'x l;ender may do and pay for whateyer is necessary to protect the vatue of the Property and Lenderk rights in the Property. '
<br />_ - ��` l.ender's actions may include paying any sums secured by a licn which has priority over this Security Ingiiumen�appearing
<br /> . .�;n��., in court,paYing reacomsble attomeys'fees and entering on the Praperty to malcc rcpairs.Although L.ender may take actioa
<br /> - �-�'k'� under this paragraph 7.Lender ciaes not have to do sa.
<br /> Any mnowits disbursed by Lender undcr this paragwaph 7 sha11 becmne additiunal dept of Sorrower secured by this
<br /> . 5xurity Insttamen� Untess Borrower and Lrnder agree ta other tenns oi'paymenl,these amounu shall bear inurest from the
<br /> ,.w° date of disbursement a1 the Note rate and shall be payable,with inte�t.upon�atice from I.e�W�r to Bamcswer ceyuesting
<br /> ,.•.::; PaYmen� ' .
<br />• � -;,:�;;;;,;_;�_:�: 8�. Mortpp�e Iosvrane� If ixnder irquired mortgage insurance us a condition of makms the toan secured by this
<br />- � ;•"'�-� ' Security lnsavmen�Borrower sha11 pay the prcmiums reyuired to maintain the mortgage inwrance in effec�t. If.for any
<br />�� '� �s'-� � rea5on. 11ie mortgage insurance coverage re4uited by I.ender lapxex c�r cea.e� to be in effect. Botrawer shall pay 1he
<br />._ . �_,�;':.�:;>; ; � premiums requlred to obtain coverage wb.ctannaliy cyuivalent ta the mangAge incurar�ce previaualy in effect.at a cost
<br /> � •-� f•�,t :. substantiaily equi'valent to the cost to Borrower of the anortgage insuranca previously in effect.from an alternate mortga�e
<br /> � ��� ": insurer approved by L.ende►. lf cubciAntinlly equivulcnt mc�rtgage insumnce covcmge is not avAitable.Borrower sball pay to
<br /> a.: .";�+:,��; L,ender exh month a sur»equa!ta anc-twc(fth oi thc ycariy mortgagc insurance premium bcing paid by Bomower when the
<br />_ -- insurance coveiage lapsed or ceasod to be in effect. I.ender wifi accep�.use and retain these paymentK as a toss teserve in iiew
<br /> ''\,' � ' - of mortgaga insutance. L.acs rcwerve paymcnts may na longer be reyuircd,at the option af I.ender.if mottgage in.curance
<br /> y . '�' coverage(in the amount and for the periai that Lcndcr reyuires)provided by un insurcr upproved,by Lcnder again 6ecomes
<br /> ! �• � `� -� available and is abtair�ed.Borrawcr shall pay thc premiums requircd ta muinmin martguge�nsurnnce in effec�or to provide a
<br /> `� '*� loss n�serve.until the uirement fpr mart a e imura�roe end!.in accardance with an written a reement between Benrower
<br /> _ �:;. . rccl � S B Y �
<br /> �•• and l.ender ur applicable luw.
<br /> `� � �:�Y�' 9 Inspectbn. Lender or it9 agent may make rcawna6le entries upcm And inspections of the Property. Lender st�all
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<br />- ?;���;�• •.{� give$ormwer not�re at the fime af or priov to an inxpection cpeciiying_cca�anablc rause for the inspection. , .
<br /> ` r���:'` 1Q CaWem�tion. Tln:procccds of any nwArd or claim for damagcs.dinct or ramequential.in crnmectiort wttli uny
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<br /> Singte fiamity�Fanak Nae/Fnddk Nx I��IFOR�f 4�!�7'Rl;!t16tiT•-UniftvmCmetrrn�� 9i9� /puR����npn��s�
<br /> ^'� � aeat ulee euM�vas►1ae.■
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