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<br /> . • �.��t tY0�1��0l.`$OROW;li 3W1�'�EEp tbC.�oY�s tl01Y�OC�EI�CIOd CO QIiF�` '
<br /> , �plupeety�a�aitssc tass by:frse,h��riaded.ritbia t��taiu"expmdod corasge'aad anY��+�!�6 ` .
<br /> . .floo¢s o�aooding,for whidi Ire►der mqaires iasu�anoe.This i�u�x�_sNaR be mai�iued in the amawts aa�d fdi tbe paiods ;.
<br /> . tBat�ender ndq�ices.The mauance�Pmvid'in8 dx iruuraoce`shali be ctwsea by 8orroxd subjecE to t.eadet's apprnvai '
<br /> • � which shall not be nsurawaabty.writhhdd._If Bot�nwer'faits w maititain eoverage des�,�n'bed above.Le�mry,at Lender's ` ,� ,
<br /> . aption.obtaia ooverage w pmtect i.ender's rigtits ia iJ�Pr+aperty in aoouidanoe with paragraph 1. ' < ` .
<br /> AI1 ias�uanoe P�Ticies and ra�ewals,�ii be aooeptable�to i.�eoder,and shatl ind�de a s�andand mortgage clause.Leoder...
<br /> t sL`all h�vc tAa right to Aoid tix poCcjes and ria�ewats.If I�ender�;Bo�rowu shall�rompd�r give ta I.eflder ail rocapis of -
<br /> � P�Prtmiutt�s�ld setkwal uotias.tn d�e ev�t bf toss,Bu�oaxr st�give pmmpt a�4s ta tbe�u�oe t�rrier amd`�ndcr. ' ,.
<br /> I�oder may mak�e pmaf of ta�ss if not a�ade PromptIY by Bomawer. . , •
<br /> Ueiess l,tader aod Ba�var aWerwise ag�x ia writing,insuiao�e pmvoods shaH be `�ppiied to n:stor�tion or repair�of d�e .
<br /> _ .PropenS►d�ed•if tl�e�n or npnir is 000nomi�li�►fe�te and L,aida's saa�rity is not kss�ied:tf the�sLoratiou og �
<br /> ` `• tq�air is not e�000inicaIIy fe�bk or I.ende�r's sa�rity wa�W be l�sseoad.t1�e i�ace P�ocads s6�be appTied ta ttrt suu� �
<br /> � ''��ociu�d by tbis`Sewdty I�man, whe�ier or nnt tben dae.with any eaces�paid t��e_If�Eorrowc a6�udons the < '
<br /> - Pt¢�aty,.or does dot aaswer widus 30 days a notice from 1.e�der th�t the i�ura�e wrrier i�as offeied ta set4le a ctaim,thea
<br /> ' It�dcr may cotkct t6e�a�ce�praoeeds. lcader may use tt�piucncds co repair or rts6ora the Propetfy ur to pay suais
<br /> . sccared 6y this Saauity Iastrument.w'hdher or not thae du�.The�O�day period wiii begin wben tbe�aace.is given. � � �
<br /> - Untess Lender and Hormwer otbawise agnee in writi�,any application of pmaeeds to pri�ipa! shall aot tatend or .
<br /> -=": . posq�oae d�e dne date of tbe moathly PaYmdus tef�qd w ia pa�ag�phs 1 and 2,ur c6ange tLc amoant of We p�yaxuts. If .
<br />��=: mjder p�dph 21"tLe Froperty is accpir+ed 6y I.ender.Barrower's rig6t w any ins�uano,e policies aad proceods resuJtiag trot� .
<br /> _ danr�to tbe Prop�tq pciar to Poe aoqoisition sltall pass to L,ender to the extt�at of tl�e smns secur�al6y Wis 5eaaity 3�t�
<br /> _ ' immediatdy prior w tbe acquisiaon. , • . .
<br /> i.OreNp�ucy,A�o�a►M�apiaoe And Rotectios ot t6e A+npd�ty,Borro�rer's I.a4n Applicatiw;Leaaeboids.
<br /> - Barnower s6a11 oax�py.e�abti.d�,and u9e the Pmpc�ty as Borrovirer's pti�ipai n:sidenoc withia sixty days after the execution of
<br />- thi�Security Tnsuumeat and shall c�ontiaus to acaipy the Propeny as Borrower's principal r�siderscc for at 1�a�year after .
<br />� '-� tl�date of
<br /> _ �4 oocupaacy,unless i,cnder othetwise agrc�es in.writing,afiich oonsent$ha11 uoi bc anre�o�bly withheld.ot unless _
<br /> ; � exteauaang � exist afiicb are beyond Borrower's cantrot. Bornaaer shall aot destray. damage or impair the .
<br /> Property.ailaw thc 1*mpeRy to deteriorate.or commit wacte on thc Property. Borrower shall be in default if any,forfeiture __
<br />: _ ''� , aciian or ptoceeding,'vrhet6er civil or crimirr�.is bcgun that in Lendcr's gaod faiW judgment coutd resvh in farfeitur�e of the . ' _--
<br /> ue
<br /> '��'�`"'� Pmperty or otherwise mater�ally impair the lien created by this Security Instnunent ar I.cider's security iatc�rest Bairower may --__
<br /> _.r�-° er .
<br /> - cure sach a'default and reinstate.as provided'm paragraph 18,by causing the action or proceeding to bc dismissed with a ruling
<br />- . ,:� . that. m Lender's good�faith ibetermi�tion, preclud�forfeiture of the Borrower's inukest in the Property or other material
<br /> '%�=�-:�::.. .� ,�=<•w' impairtncnt of the tien cn�ted by Wis Security InStrument ar L�eniier's security interest. Borrower s1ra11 alsa 6e in default if
<br /> '�µ" Botrowcr.during ihc loan application process.g�ve matcrialty false ar inaccurate infom�tion or statea�ents to IBndcr tor failed .
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<br /> . •���_;•:��.<.�-�_:. to provide l�der with any material information)in connaction with the loan evidenced by the Note,inclading,6ut rot limited =--_ ---
<br /> ��:���-�-=.`.±'> to.npresemations caaceming Borrower's ac�rcy of the Praperty as a principal msidence.lf this Socurity Inswmem is on a °_
<br />- .�;�,:':�.:.4�'', _. t e a s e h o l d. B o rn a w e r S h a 1 1 c a m p l y w i t h a l l t h e �r o v i s i o n s a f t h e l e a s e. I f B a r r v w e r a c q u i r e s f e e t i d e t o t h e P r o p e r t y. t h e �-=`�-
<br /> �.'i,` .L teasehotd and the fee dtte shall nn[ e unless Lender to the mer in wria ';�u�'_�'
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<br /> --• ' 7.i'�ntectton of L�der's Rights in tfie Properry.lf Bormwer faiis to perform the covemants and ngrerments cantai�d!n : :�'�'
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<br /> . - •.:._<.'., this 5ecurity Instnunern.orthere is a legal pra�eeding tbat may significantly affect Lender's righ�v in tde ProPertY(such as a - -_ -
<br />`L =j"'�=� r:'. . proceeding in bankiuptcy�,probate. for cundemnatian or forfeiture ar ta enforce taws or ulation.c),ttun Lender ma �O�lR� r'Y:z Y:-
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<br /> - •--�`.`'�::• �� -•• • ' pay for wbatevcr is�s�ary to pratect the valua of the Propeny and Lender's ri�u in the Property. Lender s actio�may �,. ���
<br /> �'� Y�:�.; ;,�:: �`��` include paying any sumv secured 6y a lien which has priority rner this Security Insttument. appeating in court. paying - ° '��.
<br />°..;� .-= - - : w ' �sonable attorneys'fees and entering on ihe Prope�ty to rrraice repai�c. Alttxnigti L.e�uter mny take adian undcr this paraSraph • �',•
<br /> • .. �.Lenter daes nn[have ta do so. � +' .
<br /> `�� :..• ' .� . My amouats disbursed by Lender under thiy paragraph 7 shall becc,me additianal debt of Batmwer sacared by this � .
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<br /> • :" , Security tnstrume�t. Unless Borrower and Lender agree to other tcrms oi payment, these anwunts shall bcar interest from the „ -
<br /> .�="='-•. • • date of disbursement..at the Note rate and shall be payable, with i�rterc��t. upnn notice Prom L.ender to Borrawer requeating • -
<br /> ,� ;. : , payrment
<br /> - � �,.� . -� S.Mort�ge tasarancr.lf Lender requirod mortgage incurance us a ce�itian af nraking the kr.�n securod by this Sec�urity ' :
<br /> -�.` , ..',,,�..� �, : Instniment, Borrower shall pay the premiumti rcyuirod to maintain thc rttortg:y,e inxurancc in cffe�K. If. for any reas�n. the .'.. .
<br />- z martgage i�surance coverage requircxl lsy l.cnder IapKw or cw.�to hc in cffe��t.Borrnwer shall pay thc prcmiums_required to .
<br /> obtain coverage tiubMuntially eyuivs�lem td the mo�gagc imuruncc prcviou.rly in effcct,at a cc�st'wbstantially equlvutcnt to the __ , .
<br /> " ����..-. 1,- _`-..` cost ro Borrower�f the mort e insurance reviousl in effect. fmm an altematc mart e insurer a mveii b Lender. If ... ...
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<br /> �+ .: . �`� � � substantially equivalent mong�ge in�ura�ae cti+versige is rn+�availubl�,Bottowcr shall p�.ry t��Lcnder each mo�rth a svm cyual to • �
<br /> '- ' � ' attc-twelfth af the yearly mortgage insusance premium bcing paid by Bnnower when the in.wrance mver.�e lapx�J or ceayed ta
<br />_ �,�., . . __. .
<br /> - -- be in effect.L,ender avq acccpt.use and retuin these paymenty as u Inss reservc in licu of mnrtgage in�urance. L�r.cs reserve � . �
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