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<br /> ' p.�i,en,h�Lander requ�ne.. n�e im�w.�o.asrri�proria+�tiw�ce.a.0 b��ho�en by Bono�wr«�bj�t�u 1.Mdarti
<br /> ' �Mdd�rbdl�oi b�rr�auo�wib�y wi�Wwld: U�tr�av!�r t�W w ariiM�ip d�drib�d�bow.taend�r�pr�+It .
<br /> 0
<br /> 0 1�q�sio�„obqiin�ov�e to p�weot Lenderly d�in dN Peopeity ia�oca�d�nn �,p�ph'f.
<br /> . AU bwur�nca pdicib�nd neew�l��11 be�pr�6�e Iw l�ier,wd i1�Q include a�t�rd ciw�n. La�wdrr
<br /> .haU 1�re the ri4ht ta 6o�d tbe policies�nd rer�ew�Is. �t L.ender roquira�8on'�awar�IWI I�A��Y�ve�w n�der�11 nasipla .
<br /> of p�id pnea�iunN�nd�+enew�l nolioes. In the everN M la�.8otruwer tihl►U Rive pr�mpl ndloe to We in�aanoo canriK�d
<br /> I.ander. l.a�k,�tn�y�e prnof o[loq if not a�de ptanpt�Y bY Barrower'
<br /> Uq{;,w t,uyder aad Bq�rower othrnvise egm in writin�.insura�e prcxeeds etull be�pplied to roauKatian ot np�ir o�
<br /> „��Pr, eriy d�ad if Ihe re�tat�tian or repair i�ecanotnically�es�ibip u�d l.eMkt� �ecurity i�not IwerreQ. !f d�c
<br /> ar b nM ecanomically fes�ibk or La�dert��xurity wou�d bo les�enul.�ha Luurmoo p�ooeed� �11 be
<br /> appUed oo the wuas sxurod by tbu Socudty IiaA�umem,whetl�er ar not then duo� with�ny excau paicl to Bonnwar. It
<br /> Baeuwer a6�ndo�14e Aropaty.or dar not�wer within 30 days a notiee fian Londer thu tho in:uranee curler hiu� ,
<br /> ot�ned W�euM a cl�im,tl�I.endn msy colbet the inwr�oce p�oc,bods. La�d�r m�y uce the p►oceeAa to ar rcstae
<br /> � the Propaty a to pay tum�sacural by thi�Sxurily Inrtrument.whether or not then duo. The 30�day per�od U bo�in wl�en
<br /> Ihe aotiix is given.
<br /> Unlesc L�ender and Horrowcr Whe�wise a�roe in writing.any a Iicallon of procaeda a pdncip�l ehall no�ex�end or
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<br /> poWpor�o tho duo dote of�iia monthEy paymente refemed to in p�uagra s 1�nd 2 or chonge the amount of Lhe pay ts. If
<br /> uMer puagraph 2t Ua PropettY is scquirat by L.a»der.8orrower�ri�ht to my insu�nce policies aad�p�vameda�resuldng
<br /> tran d�mage to the Property prior w dra�ou�i�ors skal!pa�s w.l.c�adnr 4a Jne ax,t�t of tf+e sums s�ecuned b�r dwt SawitY
<br /> ta�tnx+naac immediately p3or a t�e
<br /> �,, pqpy�e� ��tia�y,�� . qttenanee aad �wactir� a�'�e �ta�c+#�r: �oe�er'� !� AppA�catioa;
<br /> �............r � A�d�erlis s�tc ebaJ�oocvpy.estab�w,.ana use the Feope�t�r as Bva�rrec�pda�cipQr crsidence wtcAia � ya�ya afoec
<br /> the e�x�uioo of tiris Savrity tc►sbwnent and chall continue to acc�PY�'�nY�us Horrower�principal�denve fvr rt
<br /> leau one yeu after t�x: dato of occupancy. unless Lcndcr otherwise agrees'in writing. which consent siwll m►t he
<br /> unreawnab�y wlthheld,ar unkss extenuating cireumstances exibt which ana beyond Horrowar'�control. Homnwer ahAil not
<br /> =-=° demoy.denwge or impair the PiropeRy.Wlow the Property ta deteriorate.or conunit waste on the Properry. Bortower shaU
<br /> be ia default tf�ny fixfeitunc act�on ar proceeding.whether civll or cdmin�l.is begun that In l.ender�gaod faith judgment
<br /> could msult in forfeiture of�he Propetty or otherwlse matcdally impair thc Ucn cr�eated by this Securiry inswment or
<br /> -- ' i.enderh sacurity interesG Borrower may cw�e such n default and r�iastate.as provlded in paragraph l8.by causing tha action
<br /> ', or proc�ee.�liog to be dismissed with a ruling that,in I.endcrk good faith determination.pRCludes forfeitu�e of the BurrowerS�
<br /> _ inte�est in the Property or other material impairmcnt of the lien crcated by this Security Inswment ar Lenderh securily
<br /> - interest. Bormwer shall also be in default if Bortower. dw�ing �he loan application process, gave mate�ially false� or
<br /> — ..� inaccurate lnfom�ation or statemen�s to Lender(or failed to provide Lender wilh any material infortnatlon)in connxtian with
<br /> - - the laan evidenced by the Note. including. but not limited ta. representatioas conceming Borrower's occupancy of the
<br /> �.�y�a A p�inci�al residence. if�his Securiry Instniment is on u leasehold,8orrower shall comply wlth all the provlsionc
<br /> - - of Icase. If Borrawer acquircs fee tide lo tho Propetty,the Ieasehold and ttie fee titk shall not merge unkss l.ender ag�eea
<br />"� to the merger In writing.
<br />��'-'f�=��N�� 7. Protecdon ei' O.ender's Rights in the Property. If Bormwer fnils ta perForm �he covenants and agrcements
<br /> ' �--_—___.�.,, contained M this Secu�iry Inslrumerit,or �hene is a legal proceeding ihat may signiticnnUy ufiect l.enderh rigMs in the
<br /> , Pro�ny(such ns a proceeding i�bnnkruptcy.probate,for condemnatian or fart'eitune or to enforee lawa or�eguladons),then
<br />_2 + Lender msy do und pay for whatever is necessury to protect the vnlue af the Property and Lender's�ights in tho Property.
<br /> � '" l.ender�nctfons may Include paying any sum�sccured by u lien which hox priorily over this Security Instrument,appeadng
<br /> ,}� in court,paying reasanuble nnorneys'fees and entcring on the Property to make repairs.AUhough Lender may take action
<br /> - w�der tltia paragraph 7,Lender does not have to do so.
<br /> Any amounts disbursed by l.ender under thix pn�ugrnph 7 shall become additionnl debt of Borrower secured by this
<br />� `.�� Security losirument. Unle,s Borrower ond Lender agree to other�erms of puyment,these amounts sholl bear interest from the
<br /> i�, date of disbursemcnt ut Ihe Note rate and shall be payable,wlth intencst.upon notice fiom l.ender to Borrowcr requesting
<br />_-_� Paymen[.
<br /> __ _ R, MortgegP lasarance. If Lender requi�ed mortgagc insurxnce as n co�dilion of making Ibc loan secured by this
<br />'�'� ,.�:�; Securlry instrument, Botrower shnll pay the premiuma reyuired to maintnin the mongnge insurnn�e in effecl. !f, for any
<br />- jt•., rcason. �he motigAge insurnnce coverage required by Lender lupses or ceaties to be In ePfect, 8arrower shull pay the
<br />- premiums required to obtain covernge subs�antivlly eyuivulent to �he mongoge insurunre previausly in effect, at a cost -
<br /> substantially equivulent to the cost to Borruwer of Ihe mortguge inxurance previously in effect,from nn ol�ernate mortgage
<br /> . ��� ,,�,.� insurer upproved by Lender. If subs�untially equivalenl mongu�c intiumncc covenige i,not nvuilnbte.BoROwer shall pay to
<br /> , ;a:- L.ender each mon�h u sum eyunl to one-tweltth of thc ye,�rly mon�eage in,urnnce premium bcing paid by Borrower whcn the
<br /> �YL�� insurance coverage lupsed or cea�eJ to be in effect. Lender will uccept,usr nnd retain thexe puyments ns u loss reserve in lieu
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<br />__ '�_ • of mortgnge insurance. l.otis reserve puymentx muy no longcr be reyuired,ut the option af Lcndcr,if mortguge insurance
<br /> r'' ��C: coveraRe(in the amount ond for the periai thut Lender rcyuiR+>providrd by�n insurer approved by Lender aguin becomes
<br /> �' i�.�.� � nvailable ond is obtained.Borrower.hall pay the premiums reyuircd ro maintain mongi�ge insurnnce in effec4 or to provide e -
<br /> •�s`' °" loss reserve,until�he requirement far monga�r��wrrnce ends in ucc�xdan�r with uny written agreemcnt between Bomower ..
<br />°.=�����'�,�'�.a nnd L.ender or app��:ahte luw.
<br /> ��`��,{.t1����C'°�y� ''`'�� 9. In Lender oQ its as�nc ma. ma�e re:��onahk entrie.u�•n:�nd in��erte.�nc�f the Property. Lender shull
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<br /> ;�; '� -�:'�;;,��,, •;_ give 66cxcuwer notire at�he time uh'.x�nax to an irospection��xcitying rca�cmahle cauxr Qur ahe inspecUon.
<br />_ =�•_ y��;�,.�y^,- 1�. Ca�dewiwation. The pmceed.of an�•awani or cluim for dam•rg�t,dirert or con.eyuemial,in connection with uny _
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