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<br /> ��.M , ��iR�Y�LiYMA i�F�C��Y•���il�P'��7�VOR���17�'�T���^�� < < �
<br /> �p�r�►w�c�shal!�b�e�ow6ig w�held. if�an+nwrr fads to nw�tain co+'et�e aeic�ed+bove•�,�.�����m!�' .
<br /> ,i��der�option.oEt�iit ca�►etqe to P�olaK i�a�der?s ri�hts i�dk PU+apetty iR accotdanae wid�p�r�n�p�h 7. ` .
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<br /> - - -- All in�ae�'e poiicies�nd Knewds�slWl�t to l.ender�p inctude�standa�d moetE�e�s_ _
<br /> lame. i.e�l�
<br /> - `-- sl�all l�srr tUe ti�t to hold t6e poiicies ad n�newais. i�����ir"es. ' wers� . �ve to - tii t�ceips;�
<br /> . �at pid peemiums�ed�enewd notices. tn the event of tass.�Barivwa a h a i��ive pra�t n o t i c�e t p t 1�e i n s u t�c a�s i�r�d _
<br /> ' t,pder, t.ender`mry aaik�e praof o(tass it�t�ot mase P�P�Y����
<br /> UNas i.mdeo aod Banower�tht�wise�g�oe in writtng.insur�nce proceods slud!be sppt'�f to rataatian a repir of �
<br /> _ �._ - �
<br /> . tl�e pf�opeety�oagv�.if the-�rstaratiaa or npair is ec'onanicalty fea�'We�d Lender�s�se�itY �s�o!les�eaed. IE►he t� _ . _
<br /> �oratiop or repaur�s nat economic�ity feasibk'or l.eniler's secuaty wuuld be ks.senat.the insur�nce procee�ts ah�U be
<br /> ° .applied�the sums acca�sd by tBis.Satiu�ity Imuume�.vrhNher ac not tben dut,with any excess paia ta Bamwer• If - -.
<br /> Bamwa ab�ndo��the Property:ur dnes not�nswer within 30 days a notice f�vm Lender th�t the inwrncC c�rier has '
<br /> oFfercd to settk:ciaim.tl�ea Lender rtuty cdket the insunr�ce p�oceods. l,ender may use the proceods to npa'v a i!eawie �
<br /> the Ptopnty or to pay�smas socwed 6y this Senuiry Lwnm�ent,whetber a nat tba►due. T6e 30day pe�iod�ril!&Ein whm
<br /> the�opoe is$iven. . - ` /:, -
<br /> tJnkss L.e�xier a�,a somowa odierwise�e ia writin8,�Y aPP��°f P��t�pRtfCl�l shalt.�wt e��md ar -
<br /> postpone dx due date of ttie nwnd�tY P�Y�nts refemed to ia parsgrapds 1 and 2 ar change the amamt.of t5e piyments. `If � �
<br /> under painiEraph 21 the PiopenY is acquiied by I.ender.Bcxmwer�rigM m any insurance policies atd pcucecds resuhing� _
<br /> - &nm��e w tlu Ptaperty p�ior to th�acqaisitiaa sMall pass eo Lender to die exteut of tbe sums savted by Ihis Secariry: ,
<br /> I�at�e�immediately prior w the aoquisition. � .
<br /> f,, pcc�cy, preseevstioe,Msi�tea�ce and Pratectios at t6e PropeAy; Barro�rer*s.LoA�'A�pii�tiwt: -.
<br /> 1,pae�oid� Barmwer shatl occupy,esmblish,.and use the Pmperty as Bar�ower's principa{�esidetk:e within sixty days afur ,
<br /> ,the a�ocutiai of Ihis Sa.�uity tnsutunent aad shall contmue to occupy tbe Pmperty ag Bortower's griacipaf tGSidrnce for�t
<br /> kast one year aftes the d�te af accupancy. upkss Lender ottierwisc a8iees in writiug. which ca�settit slall.not 6e
<br /> wueasqiabiy withheW,`or unkss extenosting ci�unsartces exist which a�e beyasd fiom�wer's cantrol. RamBarowes sha11
<br /> desuoy,d�mage a impair the Ptoperty.a1Ww tl�e P�oper[y eo decerio�ate;ar commit wasee on the Property.
<br /> - -be in defwit if any,fixfeitune action ar p�viceodnng,whelher civi!or crimfial.is begun that in Lender's good faith judgmmt . ';
<br /> coul�nsulE in€otfLyqm of she prapaRy or ottierwise marerially impair the lien creued 6y this Security i�unxnt o� ,
<br /> Leader's sec�uity i�rterest. Bormwer may cun such a defaalt and tci�st�te,as pcavided in pa�agraph i 8.b�causing the xcian
<br /> __ _ oc pr000eding w�dismisseQ with a tutittg that,u�.Lel�de*�s good faiih detertnination,precluties forfeitu�s of ttie Borrower's
<br /> _ _ intet�T it�tbeP[opertyw other materi-ai iuiprai�meat aF ti�tiets cnmted by lhis Secistiiy Instnniient or i.endet�s securitp "_ -
<br /> - • �-intencst. �oErnwer s�a71�aTso 6e in defauit if B�nswer.-damig the iwrr:►ppiicatian process. gave-�aterially false or ----
<br /> inxcar�te infom�atian or sptert�ents to Lender toc fa�'led to pmvide Lender wit1�any materiai infortnation)m cm�nectian witt� ' ---
<br /> K'�y the loan evidencod by the Note.�ncluding,but not limited to. representatians conceming Bormwes's occupancy af the
<br />=_ ' � _ ptopeny as a pr�cipal nsidence. i+F this Security[nstnunent is on a leasehold,Borrower shaq camply with all the provisions '
<br /> af 16e kase. If Borrower xquites fee titte[o the�'toperty,,the kasehold and the fee titte sh�ll nc�t merge nnless I.ender agrees
<br />-- to the metger in w�g- ��
<br /> _ � ����.�s�tc�t�•prope�s If Borrower fails to perform the covrnuats aod agreenients
<br />-_ - _ �, cantainad 'm this Security Insaluceent�or th��i� a kf,ai Proceeding that may sigmficanily affect l.erder's.vights in the � .
<br />_'-�,� • -� �rap�ty(such as a proceeding in�isL�ruptcy.�sdz+ce.fac co�sdemnation ai fprfeitvre or to enfarce Taws or regalatia�rs).then
<br /> ==_ Lencter may do and pay fa ahat�Yr is necessan ta pitx��.°value of thc Property and Lender's rigfsts in tht Ptop�ty. ,
<br />`�:k�� Lenderis actioas may include paying�ny s�an.s s+�aired 6y a�which has priority over this Securiry Insttamenb a�rpeaing
<br /> �-* � in court.paying reasonable attomeys fees an��rng on the Property to make repairs.Alihough Lender may take xtinn
<br /> u:�der tfiis paragaph�.Lender dces not havo w cui so •
<br /> . Any amounts disbutsed by Lender under this paragraph 7 shall became additional debt nf Borrower secured by this , .
<br />:_?`,� Security lnstrument. llnles.s Barawer and Lender agree ta other tem�s of payment.thesc amaunts shaU�bear interest from ihe
<br /> - date of disbursemeni at the Note rste and sha1�i�e payable.Kith intere�t,upon notice from l.ender to Barrower rGyu�1�•
<br /> " - PaYment. , "• -
<br /> _ - g� Mort�ase[nsuanee. If Lender s�v,ui.•'ed mortgage insurance as a candition of making the loan secured b�chiti -
<br /> - Security Instrument.Borrawer�hall pay tha prclmiums required to maintain the mossgage intiurance in effect. If. fos any
<br />- - reason, the mortgage insurance coverage required by Lender tapse, or ceases to be in effect. Borrower shafl pav the
<br />'�iy premptrmc reqaircd'ta obtain ca�erage suMtantially equivatwt to the mangage imurance previously in effeci. at y c��t, _
<br /> - sub��tiaUy equivalent to the cort�ro,8orrower of Ihe mort�t�insurance previously in effect.fram an altemate moct�ge
<br />-= insurer approved by l.ender. If sirb�tantiaQy equivalent ma�t:::ae imurance coveragc is not available,Borrower shall pay to
<br /> - Lender each,month a sum eyuai to aie-taelfth of the yeafly martgage insurancc prcmium being paid by Borrawer when the
<br /> insurance coverage lapsed or ceased to t+r in effec�. Lendcr w�ll acccp�,u�e and retain the4e payments bs a Ims reserve in iieu
<br /> - _ nf mang�ge in�urance. Loss reserve paymentc may no langer bc requireJ,ai thc opti�n of l.ender,if mort�age insurance
<br />= _ - coverage(in the amount and fortli�periad that L.cndcr requirec)pruvided by an in.urer approved by Lender again becomes
<br /> - available and ic obtaincd.Borro�r�t-!st�all pay the premiums required to mainta�n mortgag��rc�ranre in effect.or to pravide a
<br />`=x=- — tossreserve.umil the reyuirem¢nt for mortgar.s��u►ance ends in accordance with any aritten agreement betw•ecn Borrawer
<br /> �� .. �.LenAer M a�+plicnhte l�w. ....
<br /> �'.���t � 9 InspecNon. l.ender or its agent may make rea�ona6tc cmric�upi�ir and in.pccti�ns of the[�+!geAy. Lender�I�atl _
<br />-":r�'� give Borrower notice at the time of or prior to an inspcetian�pecif}�ing rea.�m»ble cautie for the inepectio:i.
<br />�;��'Y• 1A. Condemnation. The prcxeed.of any award or cl�im for damaec..clircct ur con.eyuential,in rnnnectian u.i�t►�;ny
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