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<br /> pe�iod�du�t l.ender nquira. The inwnnae curier prr,wWJn�the Inwrr�ti�II ba�charen by BorYUwer subjecc a L�e�wlarti
<br /> � �rova)whioh�luill rot be waauan�bly w'ilhl�okl��If,Boaower fdu w m�fnuin cove�de�cdbad abov�.LeudK n�y.a�
<br /> iw�d�rti ap}ia�.al�in e�p w p�ct I.a�qpt��i�t ln the�1*��Y in�ctord�t�o whh,pu�+�ph 7.
<br /> � All liqun►qae ppli�snd n�naw�b�h�ll�bo�k11a{.l1100��Ild IIII�II I1ICIIIdE t{�q�I1�I Iqf1f1`��O�CII1U10. I.et�der
<br /> �ll h�ve the d�ht to haW tba pc�licia��rtd tanWww�►1�. I,e.nder requlm.���1 prc�mptlp sive to Lender dl ncsipd
<br /> ot pdd p�emiurtn a�d nsnaw�)nc+tias. ln pia avont,pl,luf+�.,&�rrow�r�11�ive pra�t notke w the inrur�V�o�e cu�ier+�nd
<br /> l,a�dor. t.ender may malte p�qof of Iq�a if M1t mada pt�omltllY bY Bomawer.
<br /> Unlas I.ender and Bormwor othvrwlk+�ee in wdUn�,inrur�wx �II be�pplied w n�taretion ar repir ot
<br /> the atapMy dsmege.d, if the nestoratinn cx ropal�is aca�nkally feix bfe snd.Lenderk socurity Is not Irc9ened. IP Ihe
<br /> �ect radon a rep�i�i� nM�eoa�omiaally faa�ibla cx,l.en�krl��ecudty would bt!Ie�sFenad,the inwrr+nnce pm�rod� �11 be
<br /> �pplied to�ha sum��ecwod by �hl�3ocurlty inunumsp►t�,whnher or na�hen.Au�.with any ezrexs p�id to Banawa. 1P
<br /> Bormwer Rbuidon��ha Pmpetty.ar daea na.an�vusr wlshin 3u d.yx a naiao fmrp,I.endar Uwt the inwmt�e carrier h�n
<br /> of�erod to�epta�cl�im.lhen l.endar mwY oollact thW inwmnce proveodN. l.enda mpy use the procada to�r or nstore
<br /> t!ro P�uperty ar to p�y sumr:ocurod by tbf�Sxu�itjr Incuun�att�wlu�tt�er a not�hen due. '1'bF'JQ+d�Y Poriod w II be�in when
<br /> U�e natioo ia�iven.
<br /> =-- Unla�Le��s ertid Borower c►the�wiw a}�r�in writiu�,:uiy a�licadw�of ptoceeds�ta,ptincipol ehall not eatend a
<br /> pastpc►no�1�a due d�ta of�ba m�mthly p�ymont�nsfamad�a tn,puaBrapha! and 2 or chenge ths amc�Nnt of th�puymcnts. lf
<br /> under pnagnph 21 Iha Propeny is acquir�d by t.�ndar, Batrower�C right to ony insurance poliaies and procoed�rcsulting
<br /> fi+om dwn�ge to the Propeny pdor to tha acquicition;sh�ll��wss to Lender to the oxtent of the�ums cecurcd by this Security
<br /> Inrwirant immediwtely prbr w thoe��ic3tion.
<br /> 6. Qc�cupiw¢3'. Pr�ervadon� Muintenaace aad Protectbn oi the Properf'i Borrower's Lown Appllcation;
<br /> Les�eh4lda. &►rmwor sMwll occupy.establish,and usc Ihe Propeny as Borrowerk princlpal rcsidence wilhin sixty days after
<br /> tMs executbn of thia Se�curity Instrumrnt wtd ahall continue to cecupy�ho Prope�ty as Borrawer's pr�ncipai�esidn�ce for w
<br /> -����- least one yow' aftar �ho dsla of.oucupwn:y. unla� Lender otherwise egrees in wridng. which consent shall not be
<br /> unr�easonobly witbhald.ot•unlass eata�tuatting cincumctances exist which are beyond Borrowerts control. Borrower shell not
<br /> desp�o�,ds�nqge or impai�tl�e Prop�y,allqw.tha Propeny ta datarinrate.or commit w�te on�he Pnnherty. Bonower shnll
<br /> be ut defant�nif any forfeiture action ocpnx�oodin8,whether civil�ar,criminel,is begun that in Lenderk good tailh judgment
<br /> Fquld'n�it in forfaiture of tha Property or oth�rwjse matedally im}wir the Uen cneuted by this Securily Instrument or
<br /> Le�xier's security ints�est.�.Bartnwer may cum Ruch a dofault and reinstate,as providcd in pumgraph 1 S,by causing the xtion
<br /> or proceeding w bn dicrni�sed_witil�a ruling that�,in.Lepdcr's goad faith detertninuian,precludea furfeiture of the Borrower's
<br /> intaoest in tha ('roperty or•olhar mpterial.ImpRinrient of tl� lien created b� thlf Securiry Incuument or Lender's securiry
<br /> interest, Bnrtnwar shplkal�cr be in�dethul��if Borrower, du�ing the loan upplica�ion process, guve materiAlly folse ar
<br /> inaccumta infam►Ation or�statomanip la Is�.fnder(or fuiled to provide Lender with uny material inform�tion)in connectian with
<br /> the �awt,evidonoed�by� thp Nqta, including,but not limited to. reprc�entntions canceming Bonowerk accupancy af the
<br /> p�opetiy es A princip�l��asidflnoo. lf�itis Security Instrument is on u leasehold.Bomower sholl comply wi�h all Ihe provfsions
<br /> oP,the Iease. If Botrowwr aoquiras fee tiUe to�he Property.the leasehold And the fee tide shuU�at merge unlass Lender ugreas
<br />- oo tha morgor in writing.
<br /> 7. Bt�otectbn of I.ender's Rights in the Property. I! Bamower fuils to pert'orm �he covanants and ugreements
<br /> eantairt�d "+n lhiF Security Inswment,ar there is u legul proceeding thut muy significaNly aFfect Lenderk rights in ehe
<br /> �Hn}xny(svch as u pmca^cling in bankruptry,probiue,for candemnution or iorfeiture or to enforce lawx or regulatioas),�hen
<br /> ixnder may do and pRy�fnr whatever is necexsary to protect the vplue of the Ihoperty and l.ender's rights m�he Prup�ny.
<br /> F `'' t�ender's actlona may inrlud�payinR any sums secu�ed by u lien whlch has priority over this Security Inatrument,uppearing _
<br /> in court,puying reasonAble attorneys'iees and entering on the Propeny to mnke nepai�s.Althcwgh L.ender may take actian
<br /> under�his psuagraph 7,L.ender dces not have to do so.
<br /> Any am�wnts disbunsed by Lender undar Ihis parugruph 7 4ha11 become additionnl debt of Burrower secured by Ihis
<br /> ;-_� Security Instmment. Unkss Bomower and Lender ugree w othcr termz of puymem,these amounts shull bear interest from the
<br /> date of disbursement at,�he Nate mte and ahall be payuble,wlth interest,upon notice from lxnder to Borruwer reyuesting
<br /> + i''�f! payment. -
<br /> 8. Mortgage lasurance. If Lendar requircd martgage In�:u�unce us u condition of muking�ha loan securcd by this
<br /> Securlry Instmment, Borrower shull puy the premiumx required ta muimuin U►e mon�tuFe i�tiurunce in effect. If, for any
<br /> �+eaum. the martgAge insurance cove�age required by Lender lu�se+ or ceaties �o be in efPect, BOt(OWCC FIIAII F1Ay �he
<br /> -- - — 5--,�-- premiums reyuircd w ub�ain coverage �ubwun�iuiiy eyuivuirm io ihr muitguge insurrnc: pmvionsl� i!! Pffect nr n eoct -
<br /> substuntially equivalont to the cost to Barrowrr of the mortgage insuranre prcviausly in eftiect,fram un Allemute m�xtgage
<br /> insu�er approved by Lender. If subst:uili�lly equivalent murtguge imurunce co��eru�e i,not avoiluble,B�rrower sh.�ll puy to
<br /> Lender each momh o sum eyuol to one•�wellth of�he yeurly mon�uge inxurunce premium being paid by Borrower when the
<br /> -�t^f`• insuranre covernge lapsed or ceused lu!�e in effir�. Leixler will urcep�,u�und retuin Iheti(u�yment�us a lo�.�rCserve in(icu
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<br />_ R,,,;�,,, of mangage insurance. Lotiz rexerve payment. muy no langer he rcyuired,at�he option of l.ender, � mongage�nsurunce
<br /> ,� �� 'ra covcruge lin the amount and for the period�ha� Lender nyuire.)pmvided b��sm in+urer�ipproved by l.ender aguin becomes =
<br /> nvniloblc ond is obwined.Borrower shull puy thc premiums reyuimd tn maintain mon�u�c insurance in eft'ert,or lo pmvide u =
<br /> _ -`'°'-"5' los�reserve.unti!�he requirement For mortgu�Ce in+urunce end.in ucconlunce Wiih any wriuen uEreement between Borrower -
<br />---� - � e,.,rC�� and Lender or opplicablc luw. _
<br /> " '���1:p?, 9. Inspection. Lendcr or its Agcnt muy muke rcusonuhle rmrirs upcm►md im�x rtion,�if th►Pro�x:ny. Lender+hall
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<br /> ;n.,,,,_,,: give Bormwer notire ut the time of or pri�r tn an in�pertion.pecil'yin�rcu+unahlc cau.r Cor the ins�rtinn.
<br /> 10. Condemnutbn, The pra:eed�of uny awurd ur rluim lirr Jumugr+,dircr�ur cim�eyuential,in rnnnection with any
<br /> 'ry�y�R^;'. Singk F:unUp..Fannk Mat/Freddk Nac UNIFOR\I INtiTRI SIF.M1T••l�nilurm Cov�n:mt. 9�90 fp�i,e�•�r)�,�x�,,t���
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