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<br /> _ . -peric�ds eue't.,eadfer r�quiiss."!�e i�r�oe c�ier Pro�i�ng the inrnanoe aL�ll be.ci,o6ea ey Bari�nwer aat►j6c+t to t,e�d�r� .-- _
<br /> . app�wai w�icD s1�A not t�e�m�eason�bly witt�eld. If Bonovrrcr fails to mainY�iie ca+eraga des�.�n"6ed a6ave.I,encler m�y,at
<br /> . Lender8 optioo.obain oovecage to�mtect I:mder's nghts in the Propetty ie aceadine�with p�cagtaph?. • •
<br /> _,_. Mt.insura�ce.policiet.�nd_ren�watssdall .-- .- -- aod�ILin�l�sastanda�dmatpag,e.cl�use. I.e�der J , _-
<br /> �� � s1�U,have tfie right to 6otd the policFes apd ienewais..�f Leoder tcq�ires. wer s�sITP�P�Y 8�ve io Len�Er ali-naxip.�s-- ,
<br /> • of paid psmiums and m�ewal notias. In tbe event of loss.Bomowa s6a11 g[ve pcompt notice to tix insur.uxx ca�rier and
<br /> Leeder. l.ader may'maice pmof o�Ioss if not En�de P►�P�Y hY��a .
<br /> Unkss Irender aad Bamwer ofhe�wise 8g[ee in wiiting,it�w�ranoa p�onxds sT�atl ba apptied w restaat�qt or npair of ,
<br /> _ iT�e Fio�ecty damaged.if the nstvration or�ir is a�wmi�lty feasible and f.ender's• secant}ti`is i�ot lesser�ed. [€�he
<br /> �tamoin a nep�ir is not aconomicaily feas�'bk or ixnder's seevcity woaW 6e lessened.the insurance,procoedc sdall'6a
<br /> app}ied w the sums sewied by this Secarity I�ent.wlxthec.nr not then duc.with any eacess paid to Bocrower. I� .
<br /> , Bamwer�bandoi�s tNe Pioperty.or doa not aaswer within 30 days a notice fmm l.ender that the inwrance curier hax;.
<br /> affeeed to aettk s cIaun,tlKn Lender may oolloct the msu�nce proceods. l.ender may use the pioce�s ro repair ac�estae, •
<br /> the ptoperty or to pay s�mic soca�ed by dris Savrity Instriinxnb whetticr�aot thai due. Tde 30-day period will tugin when
<br /> the notice is givrn. .
<br /> Unkss I.ender and Bomower�therwice agtee in writin8•�Y ePPlication of pmoeeds w prineipa!sliaaA aut extend or �
<br /> - Postpone tbe due date of i6e monthtY WY�nts tefemed m in puagraphs 1 and 2 or change tTx'amount of the payments. If . .
<br /> _ wider psrag�apit 21 the Pmperty is acqnind 6y Lender.Bormwer�rig6t'to any insuranct policies.and p�ncoeds cesutting
<br /> __ from du�wge to tbe pm�eity prkrr to LL+e xquis�Gon sfiatl pacs to Le�ertb tlte extent of the su�sesured by this Seceity
<br />-_= Ia�t immediately pi�or'to the acquisition. . . -_ : .:° • .
<br /> = 6. Oecnp�ecy, Yresesvation, Maintenaaoe and Protectjos of ttie Property;$arc�oiier�'s I.a�n Application;
<br /> = Iasedofds Bo�wer shal�ocxupy.estabtis�.and�se the Pr�perty as.Buaiower�s principal residence within siacry days after
<br />- tht euecution af thic Secariry Instrumeni and shaU cantinue to accupy:iIie Pmpert�r as Bormwer's,principal residence for at
<br />-=— le�st one year after the date•of occupancy, w�less Lendet othen►ise�agYees m'vPri6ng. which consent stsatl not be
<br />. - omeasanably,w�thheld,or�miess extenuuing rinumstances eaist wiix�ate#�eyonQ Bortower's conuol. BorroRer�all nat
<br /> _= de�troy;damagt or impair the P�operty.aitow the!'�apeny to deteriorate:or commit wast�on the['roperry..Borrawcr sdaU
<br /> °_ 6e in defauit•if ang focfeinu�e s�ction or prace�eding,whetUer ciyil or C�►ipai,is begun that in Lender's gaod faith judgmeat . : � .
<br /> -_ could resuit in forfeitw�e of the Propereg.cu otherwise marerialty impair.she Cen crcated by this Security �nt or ' . ,
<br /> Lender's security intenes� Borrower may cure such a default and reinsrat�as pnmrided in pacagraph 18,by causing the action ---
<br />- . -.._;ot,pcoceoding m lie disa�ssed witb a rululg that,jn l.end;r's good faitb iletemiination.�grecludes forfeihue of the Bortawer�
<br /> • � � :- m-�erest in the,Propeny or other material impairment of thc lien created lry tf�is Secusity Instrument or E.ender's securiry
<br /> � imerest. Bormwer shaU also be in default;if Borrower,during the tuan application proces.s, gave materially false or
<br /> � ' . ` inaccurate infom�adoa�ar statemenu to Lectdzr(or failed to provide Lender witt��ny material informadan)in connection with
<br />- • the loan iwidenced hy the Note. includimg:but not limited to, rep�ptions conceming Bortuwer's occupancy of the
<br /> .Pmperty ag a princ3pal residrnce. If this 5ecurity Instcument is on a teasehold.Borrower shal!comply with all the provisions �
<br /> ` of tfie lease. If Borrower acquires fee tiUe to the Propecty.the teasehotd and the fee title shall not merge unless i.ender agrees °
<br />` � `^' to the merger in amting. .
<br /> ' 7. Pratedfon d Leeder's Wghts in the Property. tE Borrawer faits to perform the covenants and agreements _
<br /> • contained in this Security Tnswmen� or there is a legal prbcceding that may significandy affect Lender's rights in the ---
<br /> • Property{snch as_a prooeeding ia banicruptcy,probate,for condemnation or farfeiture ar to enfarce laws or regularions).then ,
<br /> Lender may do ar�d pay for afiatever is necessary ta pratecc ihe value of the Property and Lender's rights in the Property. ---�
<br /> � Lenders actions may inciude paying any sums secured by a lien whicb has priority aver this Security Insuumen�appearing ___
<br /> , . in court.paying reasonat�te attomeys'fees and entering on the Property to make repairs.Although Lender may take action —""�`
<br /> ; under this paragraph l.l.ender dces not have to da sa. � �r
<br /> ` .' My amounts disbuiseA by Lender under this paragraph 7 shall hecome additional debt of Borrower secured by Ihis
<br /> Security lnstroment. Unless Borrower and l.ender agree to ather terms of payment.these amounts shall beAr interest fram ihc • �T•-!=��
<br /> • date of disbursement at the Note mte and shall be payabte.with imerest.upon natice from l..ender to Sorrower reyuestiog "�
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<br /> ' - �Sn Mortga�e Insut�ancs. If L.ender required mo�age insurance u.s a condition of making the loan secumd by this � _-,
<br /> _ . Security Instrumem.Borrower shall pay the premiums required to maintain ti�mortgage insumnce in effect. if,for any _',���
<br /> , reason. the maresage insurance coverage reyuired by Lender lap.scs ar reases to be in effect. Borrawer shall pay the
<br /> premiums required to obtain coveragc substantially equivalent tn�he mongage intiurance previousty in effect,at a cost
<br /> . substantially equivalent to the cost to Borrawer af the mongage insuranre pr�wiously in effec�from an altemate mon�age s;`;'•
<br /> lnsurer approved by Lender, lf substantially equivatent martgage insurance caverage is not available.B�rrower shall pay to -
<br />- , Ltnder each month a tium equfll to one-twelftb of the yearty mortgage iacurance premium being paid by Borrower when ihe
<br />' insurnnce wverage lapsed or ceaced to be in ef fect. Lender wi11 accept.use and retain these p3ymentti as a loss reserve in lieu _
<br /> � . of mortgage insumnce. Lo�rescrve paymeats may no longer be rcquircd,a1 the aption af Lender.if mortgoge inruranre .
<br /> coverage(in the amount and far the period that Lender requires)provicicd by an in+urer.�ppraved by Lender ugain becomes�
<br /> � , available nnd is obtained.8amawer�hall pay the prcmiamx required ta maiNain mongagc insuranco in effect.or to providc a ',•.;,•.�::
<br /> tozs reserve,until the reyuirement for murtgage insur�me eads in accordance wilh any written s+grcement heiween Bcurower
<br /> and Lender ar applicable law. � .
<br /> �� �� 9. Inspectbn. l.endcr or its agrnt may make rea.vanhble entries u�n And in+pecti�n�af the Prapeny. Lencier s1ia11
<br /> "�•�r: give Borrower notice at the time uf ar prior to an impectian ypecifying rea�anable cautie for the inspecHon. , �
<br /> . , - 10 Condemnatbn. The proceedti af any uaard i�r claim for damageti,direct or contieyucntial,in rnnnectinn with any
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<br /> 1W�1 Lete�6u�mees Fane.lrc.� '
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