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<br /> 1,H�Lasd aR PfOpe�ty Io�Brapca ApftOlYd��11i11 I[ebp the Tnlpf�ovel110f1t�1WN e���n�or lw���an
<br /> thetArnperty ine�wed spinst lar by fiw.h*au�ds included within the term'ertauted covani�e and�n,�r othec Iwxud�,
<br /> lnol►xtl�tlood�or Iloadin�,ior Mh1afi Lencla� tequiroa in�uruice.Thi�imranoe�II be m�inuined�n the smounb
<br /> and tor the pa�ioQ�that Lader requira�.'Phe inunnoe o�rrler pe+nvldin�the iraux�noe dNll be cho�en by Bo�ro*rer
<br /> - subject ta Lasde�r's�pproval Nhioh�tul!nut be unroa�a�bly wlthl�eld.If Boira�er fdls to mdntain ouven�e deecribed
<br /> sbove.Latder m�y,rs La�der'�optton.obt�in oovera�e ta pratect Lender'e d�hhes ia the Pnoperty in a000rd�noe atth
<br /> p�ra�ph 7.
<br /> Ali i�noe poltdee �nd renox�la thdl be aooephble to l.aulec and�II lnclude a a�nd�rd mottp�o cl�iae.
<br /> I.enaer ah�it h�ve tha d�ht to hold the policiee and ronek�ls.It Lenderroqu1ro+. BorroNer shdl P�►P�Y R���
<br /> �:`� I.e�der�II naveipta ofp�ud�promiume md nonewal nat�voe.in the event of ta�,Harmwer eholi�ivo ptompt notloe to the -
<br /> ::�.;' inau�noecan�a�andI..ender.t,�ae��,�y m.�e�,oi at ia�it not made promptly by Horroxer. �
<br /> .-�� Unteas Lender�nd Bonn►Wer othawdee��nee in Nrltlo�,in�ur�nce proc�eds�116e�pplied w t+estondon or r
<br />- - ` ot the Pmparty cl�m�ed,ii tAe ratontloa ar ropir i�eoonomically[aaible u►d Lender'r�eourity is not la�►ed.i the
<br /> _ reetondon or reps�r�e aot�r�t�lly fe�dble ar Lencles'e rvtntt�.vn�.lA b.ln.�d,eh.in.ur�noe pabed��1!b� �-
<br /> sppl�ed to the wm�aaurod by this 8ecutity Instrumemt.Nheth�r or nat tha►due�Mith any a:osr p i d w B o r r owet.!t
<br /> .. BorroNer ab�►don�tho Property,or does nnt u�s�x Mithin 30 d�y��notia from La�ehat the inwanoe carrler ha
<br /> oitered w�etele a al�im,tt�en Lender m�y caltaot tf�e iro�uranoe ptoaed�,I.ender m�y uw eh���'�w t+ep�i�or
<br /> t+ertore the Propetty ar W p�y wm��eaund by tt�i�Seaw�ity In�umrnt�wtwth��or not tlKm due. The 3a'daY Periad�rlll
<br /> b�in rhen the not�oe i� ven.
<br /> Unleo L.ender md�fiONOf OtIIOfNI�a a in Mritin���ny� icationot tnpr1nci 1�hall nat e»end or
<br /> -_._ poet pone the due date ot the monthly p�ymen�referred to inp�t��1 md ar ohm�e the�rr�ount ot thep�yment�.
<br /> I�attder �an�nph 21 the Propetty i� acqulrod by Lender� BorroMer's ri�ht to any iruunnoe poHcfoe and prooeed�
<br />-_ .. ��euldng mm dam�Ee to th�Prnperty prlor w the�oquieition�hall pMr to LAnder to the e:tont of the eums�eaurod by
<br />�r., thie Secunty Inetrume,�t imm��i�tel�r prlor to the�oquieitlon. -
<br /> 6.Qcoup�noy,Pre�ervation. M�intemnce�ad Proteotioa af t6e Property;Borrower'�I.osa Application;
<br /> ' • ,. . � LaRebolds.BorroNer sh�ll ocaupy,eetablieh,end use the Prnperty ae Borrower's princip�l residence within s�rty daye
<br /> ' ''' �,'� f� dter the esecudon of thie 3ocurity instrument�nd shdl condnue w ocoupy the Property �s Borrower's prindpl
<br /> � residence for at last one year aiter the date ot occupncy,unleas L,ender otherwise a�roes in writic�Mhtoh coneent ehall
<br /> r �.r:.q •; not be untra�ombly aithheld,or unle8s ertenwtin�clrcumetances eiiet whiah sro boyond Borrower's control.Borrower
<br /> ' '�'.,�=~'� shtll not dc�tro .d�ma or im r the Pro ,allow the Pro to deterionto.o�commit w�ste on the Property.
<br /> �� Y � P� P�Y P�Y
<br /> ''�''��,S �� . ~' &rrowar etull be in ckt�ult it an for[eituro�ction ar in��whether civil or crlminel,is be�un thst in Lender's
<br /> ,.q.y ••�?4;:r. •: . •;.: Y Pr'ce°°d
<br /> ��: �. .; ; ., � d taith'ud ant caWd �osult in tocteituro ot tho rty or otherwise maseriall im ir tho lien croated b thie
<br /> � ��t::. .,. , . x �. J � P++oPe Y ps Y
<br /> i��'. •�':'�,-% •:.,`� S�ecurity Instrument or l.e�der'�sxurity interost. Flairaower m�y cura sueh a detault and roinet�te, �s provided in
<br /> �.;.;. '� � �'' ��,,'. � pAra�nph 18. by au�sing the �ction or prooaeding to bo dism�od �rith a rulinR that, in Lender's good faith
<br /> �1t);.�,!'i� �.
<br /> . ;'`;`t. �etern�imtion,preoludes torfeituro of tfis B�orrower's interest in tho Property or other material im�irment of the lien —
<br />:"�'';�;'•''' * � • {•�"�'•r�r�1 creatad b;�thie 3ecurity Instrument ar Q.ender's sacurity inuroet.liorrower ahall also be in dedauit�r Horrower,durin�
<br /> ' �"`!:^'~°��' � '' ' the�loen epplication procese, gave ma4�rielly lalse or in�ccurate intorm�tion or statemente to[�nrkr {or failed to
<br /> ..,•..�,,.�>l�,�.�:`� : provide I.endar witA any m�tarial intormation) in connection with the Iwn evidenced by the Note,inxluding�but not
<br /> ,:t r. '•' • limited w.repreeenhtiona concerning Bottower's accupancy at the PropeRy as a principel rcsidence. 1+f thia Security �F'f,=
<br /> �f...Y; -. . . - ' �� °'".,,.
<br /> ;,. •;, . ' lnstrument ie on a lasehold,Barrower sha11 comply aith al!the provisions of the lease.It Borrower�cquires tee title w �._,:
<br /> •,i;.:: '` -� � � the Property,the IGSehold s►nd the fea title ahall not merge unles9 Lender a�ras to the morger in writing. __
<br /> �•''�� �,�;,;�.;; "' 7.Protectioa of Lender's Ri�hts in the Property. It Borrower fails to pertorm the covenants�nd agreement�9 _ -
<br /> � " -•��•��• ^�"'"� contained in thia Security Instrument,or there is a legal prceeeding that m�y si�ndicently aftect Lender's righte in the �`��
<br />- - "��'Jti`'•�'�� � Pro proceeding in bsnkruptcy, probate, tor condemnetion or torfeiture or to enforce laws or
<br /> i�;�:.r:�..,.. �_..:�;;:., P�'�Y �such as � � ,:;
<br /> _-�m, ,,.;; regulations),then Lender may do and pay tor whatever ia necessary to prntect the value ot 3he Property and I.ender s �'.-
<br />,,�`.. - ";�• righte in the Property. Lender's actions may include paying any sume secwed by a lien which has priority over this
<br /> • . ,:.. �_�..
<br /> f .: •� ;,,,. Sxurity Instrument,appearing in court, paying reasonable attorneys'fces and entering on the Property ta make repaire. __�
<br /> ., . Althou�h Lender mey take action under this�.+eragraph 7,Le�nder das not heve to do so. -�:.
<br /> � �'' Any emounta disbursed by Lender under this paragraph 7 s6all become�dditionel debt of Botrower secure�by thie �S `
<br /> ' � "'� � '"n Security lnst.rument.Unless Borrower and l.ender agree to other terms ot payment,these amounts shall bear interest �`{��
<br /> � �� tmm the dste ot diebursement at the Note rataend ahall ba able,aith interess,u n notice from L e nder to B orroaer �`'_
<br /> „ . c'r.,- PeY Po
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<br /> �� requesting payment. :�ti=
<br /> n �`�<�' 8.Mort�aQe Iosurance.Ii Lender requir�d mortgage insurance es a condition of making the loan secured by this 4;••
<br /> - � `;'`•�,,�.���;:� ,�. �'•';"4,
<br /> � �ht Security Instrument,Borrower sha1) pay the prerniums required to maintein tAe mortgaga insurance in�eitect.I[,for eny �'.
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<br /> ` ,. ��;..... �. � • �•�-:";: reason,the mortgage insurance coverege requ�red by Lender lapses or ceases to be in ettect,Hortower shall pay the j�
<br /> "`-'�""' ' � �' ^ �" romiums r uirod to obtain covera e substantial) urvalent to the mort e insurance Cviousl in effect,at a cost --
<br /> „ .:.,rat. � �.�'.. P W 8 Y e9 � BsB Pr Y
<br /> _ �,,, •�,._�..r substentidly oquivalent to the coat to Borrower ot the mortgege insurance praviously in effect,irom an alterneta -
<br /> �' '��� '•:�`'�� mort�ego insumr �pprnved by Lender, lf su'betantially equivalent mortPege insurence coverage is not available, -_
<br />_?�.,•'•' ' ,,. '�'�'•'; Borrower ehell pay to Lender each month a sum equal to one-tweltth ol'the yearly mortgage insutance premium being
<br /> '-;';: paid by Borrawer when the insurance coverage ]apsed or ceased to be in eflect. Lender will accept,use and retain these
<br /> � . '!�'�Y paymente as a lose reserve in liou ot mortgage insurence. Loss reserva payments may no longer be required,
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