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<br /> ` ��` ,t�t�.�equi�:-��i�m�r�i6e ie�o��ip�n 6e`cha.ea b,►8a.mwer subj4�w�1.�d� `` _- -
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<br /> �Apenr��cA�M11 Aqt�t�a�oo�Ex Mi�irci� Tf Ha�rro�wer t�i��o ti���ri6e�ab�rro.i�a�der m�Y.�t "- _""" _
<br /> . �sad�ect opeiai.o6t�w co�as�e w P�'aect L�de�Ss ri=hs 3n thF Fia�pesty in aocadx�w�h�ph 7: � .
<br /> � � A11 i�pdic�es�od naiekals s�it be scoepabk to t�eiider and sti�li incWde a shmdrd mExtp=e cWue. l.a�det
<br /> �. .,�6,11 nav�a�e tqbc to�w�a u�e policia aoa maewals. If t.aede�eequi�es.�Borrower sh�a!aon�ptiy�ive to Lenda au n�oe�pts` ,
<br /> ------•-..:�.--...:.;�.a�!reaewal srodres �n��ne��ss,_Boa+a,ver siwlt t�i,re�t aotic�t4_tthe insu�anoe cairier aad
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<br /> � � �,�y�ata�o���mr,n�a�,�piy�r� . , .
<br /> uekw I.ender so�Barrower otljawi.x agRe,e wridog,iasumnce procoeas shatl6e appi[ed to cestauico ar�of
<br /> � � t6�propaty�ed. if tBe�estoatian a�epir�s oaaaomiatty fdsibk and Lender's securiry is�t les3ened. If t�
<br /> ie.�oatiun ar t�ep�ir_is aot eca�omkallY fe�3k a I.endcrb secutiry wouW 6e tessened.the insurance�sba11�
<br /> . .- spplied to the s�ms_sauted bY tlns'�ecuhtY Ia�ume�[.wtietl�r arnd tbect ciuF.with aay s�cct�p�1,
<br /> Banower#1�does t�e Propert!►•a ddes�rut answer widfin 30 dtys Q notice fEam i,ender th�t du instu�nee cattiet h�s
<br /> qffered to seu3e a clsim.tha�I�etder may colkct tbe it�.wr�nce p�ocxd.s. l.ender may use the procads tu�ep�ir:ar�esta�e_
<br /> �. the PtoQe�ty nr to pay su�socuted by this Security Instr�une�t.whether or not then dua The 3Q-day penod will pe�in r�hen
<br /> the notice is Eiv�ea.' , . ,
<br /> � . Unkss L,enOer and Boao�ra othawise agnee ia writing,any apptication of p�ucecds to pru�cipal shall not eaund or
<br /> postpone lhadue date of.t6e aa�uhlY WY�ts teftaed to ia puagcaphs 1.and 2�oc c.i�at�ge the anto�t of tt�e payrr�ents•:If
<br /> wder pngwph 21 d�e Ptopacy is acquiied by L.ender.Borrower�nghc`-w any inwiance policies aod ptaeeeds nsulhng
<br /> fmm�ge to the Ptv�e�ty prior to tlie acquisition shaU pass co Lender to the extent of tGe sums secured by this Security
<br /> � In.s�r�cmau immediately prior w the acquisition. ,
<br /> i�: (foc�acl,�Pesxrvstim. Hl�Gma�ce aed Pratectio� d tLe Prapert�, Barrowar*s La�s Applia�tbn,
<br /> �`- I.asel�oiar.-Buauwer sbaU aavpy.establish,'ar►d use the Aapeityr as Borrower�principai rrsidence within sixty days afler
<br /> the exec�tiva of this Socurity lnsdument siM sdall canttnue w accnpy the Pm�paty a4 Barower's priacipal nsidenee far at
<br /> last a�c yeu after the date of accupa�.y.,anless Leoder otl�erwise agc+ees in wceting, whic6 consent siall no� be
<br /> ' maeasaa�bly w�ithtrcld.or�mless exten�ating c�n�mut�rxes eaist w6ich aze beyoad Bamwer�s cantml. Bormwa s6all not
<br />_ dptm�F.d�o�age or iap�'v the Pmpecty.allow the Pbperty to deteriocate.�commit vvacte on tha F�openy. Barower shall �
<br /> be in def�ulc ff my farfeinne action,a proceeding,:whether civil or criminal,is begoa ti�m Lender's good€aith judgmeat .
<br /> coald result irt facfeiturc af th� Ptopeity ar othervrnse msteriaily impair the lien created by this Securiry �or -
<br /> ' l,end�er�s socu�ity inte[est. BoROw�rmaY cune such a defautt and ninstate,as provided m pazagraph 18.by causiag ihe action
<br /> ar pr�cecd»g to 6e disiaissed witTt a niling ttwt.in Leader�a good faith iletermination,Preciud�.s farfeitiae of du Barower's
<br /> - •i�u�t iA tt� ptnpeRy or wt�er matecial impaument of the lien eteated by this Security InswmeM or Lender's security
<br /> - intere+t. 8odower shall also 6e in defaalt-if Bamwer,ducing the Ioan application p�oass.Save materially false qr, ..� _
<br /> � inaccorau infonnation or statemcnu to Le►der(or fa�led to proviite l.ender with any materiat informadonl'm connecaon with
<br /> the laau evidenced by the Note;inciading, l.xu nat limitod to. representarions conceming Bortnwer�s occupancy¢af the
<br /> Ptope�ty as apnncipal�+esidence:if this Sxurity lnsuument is on a leasshald.Bomnwer shafl compiy with all tbe pia��inns
<br /> - of the kase. rf Horrower acqoires fee titte to the Property,the teasehold and the fee tida shall not merge nntess Lender agnets
<br /> . to tLe metger In writiug.
<br /> 7. Protedfoa d l.e�der.'s Rial�ts ia the Pruperty. If Borrawer fat7s to perfonn the cavenants and agroemenu
<br /> coptained in this Security In,stntasen� or there is a legal proceoding that may significaudy affect Lender�s rights in tbe
<br /> _ gmp�Ry(su�b as a procer.ding in.bankruptcy,probate.for condemnation or forfeiture or ta enforce laws or negutatians?then
<br /> Le�xier may do ard pay for whatever is noccssary to protect the value af thc Ptopeity aua Lender's rights in the Pcaperty. -
<br /> `- Le�der's actions may inctude paying any sums secured by a lien which has priority aver this Security Inst�umen�appearing
<br /> m couR.paying rrasonable attomeys'fees and entering on the Property ta make repaus.Although Leuder may take aetion
<br /> unik�th;s patagraph 7�Lender does nat have to do so.
<br /> -- Any amaunis disbursed by l.ender urtder this paragraph 7 sfiall became additionat deix of 8orrower secar�6y tflis
<br />_� Security Insm�men� Unless Bmrower and Lender agree to other tertns of payment,these amounts shal!hear intecest fivsn the
<br /> - " daic of disbuisement at the Note tate and shaU be payable.with interes�upon nosice from Lcnder to Borrower requesting
<br /> _ �
<br /> =_ �y g Mortg�+t Iasannca lf Lendcr required mongage insurance as a conditlon of making the toan secured by ihis
<br />---_ Secudry instniment,Borrowec shall pay ihe.premiums rec�uired to maintain the mortgage insurance in effect. If,for any
<br />_ reason. the rtwrtgage insurancz coverage recjuired by Lender lapses or ceases to be in effect. Bonower shall pay the
<br />'�•;.:* premiums required to obtain coveragc substantially equiva?ent to the mortgage insurance previously in effect. at a cost
<br /> ' substantially equivalent to the cost to Borrawer af�he mos�Lage insurance previously in effec�from an altemate mangage
<br />-- insurer approved by Lender. If substantialiy equivatent martgage insurartce coverage is not available.&+rrower shall pay to
<br /> -- • Lender each montM a sum equal to one-twelfth of the yesrly mortgage insurance premiam being paid by Botrower when the
<br />- insuranee coverage tapsed or eeas�od to t+e in effect. l.endec wil!accept.uce and retain these paymems as a locs resecve in lieu
<br /> -- = of mortgage insurance. Losc reserve payments may�p Ionger be required�at the option of Lender.if martgage insntance
<br /> _ — • coverage(in the amount and for the periad that Lender requi�)provided by un intiurer appraved by l.ender agoin b�romes
<br /> - - - availablc and is obtained Barrower shall pay the premiumx required to muintain mortgage�n�urancc in effect,ar to provide s+ _
<br />"� loss resetve.untii the requirement for mongage insurance endc in accordance with uny written agreement•between Burrower -
<br />� and i.endec ar applicable law. . _:
<br />`a; 9. Inspectbn. txnder or its agent may makc reawnabl�en�ries u�n und inspections uf ihc Property. Lencler shal) _
<br /> give Borrower notice at the time af or prior ta an inspertion cpecifying reasonabte cause far the inspection. �
<br /> 10 Condemnation. 1'he proceeds of any awarJ ar claim for d�mages,direci or conseyuential,in cannection with any .
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<br />-''-7� Grcal I�Lesluept�ial�hc./ ..
<br />.,r?:� fu lkdn ta0�.�800�.7P a�J"97 G YA1{Bt&701J131 '.
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