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<br /> .' .. 'penbd��dec i�nder iequues: �1ie�noe a�irieF ps+avi�ig d�e n�sau�noe s7iall be cbo�,U�,'��ov�+���i.eeldrr�a , ..<<
<br /> • � sppuvsl w�icb�nll_aot be�easpaaib[y witl�dd. If�oaov`rer fin7s to mau�in dov2;rage descn'bed abvve,t�ender imy,at .
<br /> ,.- L,�er's qkioai,obtam coveragt to p�otect Ixnc�er's rigMs m ti�Pkopeny in aoco�,�ooe witli por�graplr?.' ' , � �
<br /> ` All in.a�caooa poluies and neae�vals shaU be acaptabk to I.ender ard str,�#1 inciude a•siandard mortg,age cisuse. Lmder ,�
<br /> s1�all ns+►o chrrigm w tiola me po�c;es ana.crnewats. If r�requ��es.Boirowu stalt.txabptly giye w I.endix an naxipts
<br /> ' � .0�p�d pcemiums aM�wat not�xs. L�'�e eva�st of loss.Ba�uwe,�sdal!gfve pc�mpt iiotioe to�e ias�adx i�icr� '
<br /> . = �i.ender t�enderm�sga�ke Proof of foss if not p�de�roioptiy�r BoQayver. ., �. . . � � ° _ .
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<br /> ` Unies�L�dec�d l�a�mwa atf�erwise�agx ia wntit�g,uwsan�x psooeeds shall be appGed��+estatatian or npair o� .
<br /> !6e Propaty �f,the�wr�tion or repaic is econosiucal�v ft�'ble�and Lender's seturity is npE�ksseno0.•If`tlte -
<br /> ' . tesicnatiott or�not aaonomieally fe�'ble or I.eriderk sectaiiy�vatld be Iessened,the imsu�anre piaceedc shalt be �
<br /> '� `. �pplied to the s�s se�auo�bq Uris S�;miry Iq�ummt.,w6aher or qot tha+due.with a�eu�ps�d m Bair(�awe� If -
<br /> • Borrowa ab9ndons thaPwppaty�or does not �nnswer vaitlliA 3(F days a noticr fmm I.endet thaz the�ns�ranca carrier,6as .
<br /> 'affrnd to se�e a ci�m.tben I.ender aray coltert ti�e�ce pdS�ds. 1,ender trr�Y ase t�e Prno�eds to c+epair or nsoon
<br /> � the Froperty a m pay.sums sa�ued hy dris Sepui�y/nst�em,•arbetha a uot tfien due. Tf�3Q�day paiod anU jxgm when ,
<br /> ' the nodce is givm.. . � - � �
<br /> — Unless Lepder and Boimwer bthc�wise agtee in writing,any lication of prooeeds w principat slmU nat extrnd or_ ; . .
<br /> � postpau�e the due data of the manthty'pa�m�nts rofemd to in parag�ap�is f and 2 or.rhange thc amoimt af the paymeats. If .
<br /> , uodet psragtaph 21 tht Property is aoquited by Le�Bomawet''s riS�t to any in.s�uarMee policie�and groceals resulting . . . `.
<br /> -� -- • fmnl damage to the Pmpeaty prior ro A�e acquisition sf►aIf pass w l:ender f4 d�e,extent of the sums secur�ed by this Securiry
<br /> - . InsRWnept immediately pr��r W tbcxquisitia�. : , .
<br /> -- 4 Occapat�c��Yresawstiop, Msiate�umoe Aad P1o�ctbn ot Hu Pruperty, Barroi�se's L`aan Appiic�on;,
<br /> -.- , i.a�sehold�.•Bormwer sbaH acwpy.establis6,a�use the Pr�opecty as Bormwer's priucipal residence�aridvn si�ty days after
<br /> -- � the exe�tion of this 5ecaa�ity(nsuwnent and sl�all contirtue to occupy the Fmpe�ty as Baruwer's prir�cipal nsidence for at
<br />-_- - kast a�re ypr afuer d�e d�e of accup�cy, miless I.eader otl�ecarige ag�ees in writing, which c�tsent shatl no[ be
<br /> _:j � u�ueasoiiably withbeld,or unless extennating c�ces exist wlrich ane beyoud Borrower's contral. Bor�uwer shai{not
<br /> dewroy.damage or impair the PtupMy.allow the Frape�ty to deteriorate.or commit waste on the Property. Borrower shall
<br />- ` be in default if any forfeiture action or proc�eeding,wl�ther civii or criminal,is begun that in Le�er's goad faith judgment
<br /> could tesult in forfeihuc of the Pmperty oi otherwise materially impair the lien cr�ted by.this..S�curity Insuument or -- ---
<br />.. L�ender's seewity interest Borrowei may enre sueh�defauU and oeia.ctatc.as provided in paragraph 18.by causing the action --
<br /> . " . �or pioceeding to be dismissed with a niling that,in l.enderfi gaad.fnith detecmination.precludes forfeiture of the Borrower�s ---
<br /> interest in the Pro�perty�or other material impaim�es�t of the lien created by th�s S�curlty Instrumeat or l.ender'.s securiry =-_ --
<br /> . �y r Y;;,_�,� interest. Borrower shall alsa be in.defauft if Bortower,during the loan application pracess. gave materially false ar • ---_ ---
<br /> �:.;�`. inacc�uate infom�ati�ar�tatements w i,ender(a failed to provide Lender�►rith any material inforniation)in connection with' �_ -
<br />`� � the loan evidenced by the Note. includin�. but not limited to, mpnesentatiot�s cnnceming Botrowcr's occupattcy of the
<br /> -- Aroperty ag a principa!c�esidence. If this Security Instcument is an a teasehotd Bomower shall comply with all the provisions �
<br /> - ��` � - of the leasc. If Barrowe!acquires fee title ro the Property.the le�sehold and the fee titte shall rwt merge unlesc Lender agrees - °J�"`---
<br />, w ihe me[gcr in writing. �
<br /> - _ � Protuttoa of I.ender's Rigltts in t6e Property. If Bormwer fails w perform the covenan�s and agreements ���_:-
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<br /> . �i�• : contaiued in tdis Secusity In�tcumwn. or thc.�e is a legal�raceedi�g•ihat may significo�tly effect L.encier:s righ�.g in the ���—}
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<br /> " J_ t �4.� ;,1.,', Property(such as a proceed'mg in bankruptcy.probate,for condemnation or forFciture or to enfarce laws or regulations),then • :'�•�";--
<br /> � ��_%�� l.ender may do and pay for whutever is neccssary to protect the value of the Property and Lcndery ri�l►tg in the PropcRy. r '-=��<`:=
<br /> ` ,s ''''' �.-`" i.encter's actions ma inelude irt an cums secured • -
<br /> 4.�--�,;-:�;r:, Y PaY S Y• by a lien which hac priority over this Security Ia�trumen�appearirtg .--;'=�., _
<br /> - 'e„= �� in court.paying rpsonable attomey.c'fees and entering on the Proptrty to make r�pair�.Altfiough Ixnder may taL•e action =
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<br /> ' „�.,,:�'� under th�s paragraph 7.l.ender de�ea aot have to do so. . -
<br /> �� �'�'�`• - �' Any amoun�c dixbursed by Lender'under this paEagraph 7 shall become additional debt of Borrower secured by this '
<br /> ?`�`�'�� Sec Insuttmenl. Unless Bormwer and l.ender a to other tcrms ot' n�thesc amauntc shall bear intcrest from the � "
<br />- :i!'::v;:�;;���'^ �Y &� PaY� _
<br /> : • :�"',.:_�,,� , . datg of disbursement at the Note rate and xhall be pnyabte.with interest.upon notice from Lender to�ornower�questing '°-
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<br /> - ���=�� • '= 8. Mortaage IrunraneG If l.ender required mortgagc incurance ac a conditian af making the lcran�ecured by this ��:'
<br /> . � ::_;�>-�.;. `:: ':-` . Seourit In.urumcnt.Borrower xhaU the �am�r uircd ta maintain the mort . . �'
<br /> Y PaY P� eq gage insurance in effect. if.for any
<br /> . •>:�,;:=....,,_f" '� reacon. the mortgage insurance caverage requimd by L.e�der lapses or ceases ta be in effect. Borrower xhall.pay the :�
<br /> .;%t;;:'.�. •; , prcmiums required to obtain caverage sulntanti�lly eyuiv�lent to the mortguge msurancc previoutily in effect. at a co.0 � .
<br /> ��;',.;;p;-:'�...•, `.• substantially equivalent to ffie cost to Borrower of the martgage insurance previousty in.eifecl.from an alternate mortgagc �.�
<br /> • { insucer approved by L.ender. If substantially eyuivalent mortg�ge insumnce covemge is rrot av�ilable.Bam�wer chall pay ta =
<br /> - 4- Lender caeh month a sttm cyual ta an�twelfth of thc yearty martgage insuramc premium being paid by Borrower when the –
<br />- - � •� �' • ' insurance coverage lap.sed or ceu.�ed to be in effert, l.ender wiU arcepi,ute and n:tuin ihe�e p�yments ati a la�.�reserve in lieu � =
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<br /> _ .:,�; � of mortgage insurnnce. Los.c m�erve payment!c muy no longrr he rcyuirctii.at the option of l.ender.if mortgssge inwronce •
<br /> ••� . covernge(in the amaunt and far the period that Le�uier reyuirew�pravided by:u►inwter upproved by Lender again becomes �� . `'�
<br /> �'a,: . • available and is obtained.Borrower shull pay thc prcmiums reyuired t�+maintuim m�rtgage insurartce in effect,or to provide u •
<br /> - �_ , .• - - toss te9erve�until the rcquirement for moAgnge imurnnce ends in accurdanee with any written u�teement bMween Barrower -"- "� �����
<br /> + +" �. . and l.ender or applicuble I�w. - .
<br /> � '�"'�''" '` � 9 inspectiod, L,ender or itti:�gent may make re�conabte entrics upon and impections of the Praperty. Lender�hall
<br /> a?�.s.��;�„�; :' - give Honower notice at the time of ur prior to�n inspection speci iying�eawna b le cuuu;for the inspection. . . ' : �
<br /> . 1Q Condemn�tbn. 71te pnxcedv of su�y awurd or claim for demage.r.direct ur romeyuenu:il.in com�ectian with any
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