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<br /> ���-- petMcis�hut L.ender rcyuircs. Tl�c inxu�uuc carricr providin�the insur�nce xhall be chnvcn by Banowcr xubJcct to Lenderk
<br /> �"�' eppmval which chull not be unmusonably withhcld. If B��rn�wcr fails to muintain covcmgc dcxcribcJ abovo,Lender mwy.w
<br /> � — Lender'e�ptfan,ohtuin covernge to protect Lend�rk rlghtx In the Pmpeny in uccardance wilh purugrLph 7.
<br /> �- ��'��� All ineuronce policjes nnd renewnle xlu�ll he a�ceptublo tu l.ender umf hhull bicluJu u rlunda�d mnrigagc ctuur,c. l.ender ���
<br /> °-,�•es' Rholl have Ihe righl w huld II�c policle�and renewulK. If Lcndnr mquirc�,Burtuwer�hull prumptly�ive�o Lcmkr ull ra:cirta
<br /> �,� of puid premfuma und renewAl notice�. In the even�of lux.r. Burruwer�hull yi��e promp� no�ice�o ihe inwurwxe currfer und
<br /> l.ender. Lender may muke proaf oP 104�if not mude prumptly by Elnrrower.
<br /> �1 '"�� Unlesx l.ender und Borrower ahcrwinc.ugrce in w�i�ing, inxurunce pr�xecda�hull hc up�vlled to nxa�ration ur repulr of �
<br /> �1. Ihc Pmpeny dwnaged, if the rcstomtian ar►epair iK economicully fcusible and �cndcr'x xrcurity i» nu� le„�:in:d. If tlw -
<br /> re4toratlon ar repAir is nat econamicully fcuxiblc or Lenderi+ xccu�i�y would bc Iex+;cned, �he insurunee procccdx Khall be
<br /> t�--_—v+� applied to the xums secured by thf�Securl�y In+trument, whc�her or not Ihen duc, with uny cxccti� pnid lo B��rn►wcr. IF �_
<br /> ;� Bortower ubaadona the Propeny, or doe� not answer within 30 dnyti u notkc from I.�:nder thut Ihe insurunce rurrier has
<br /> � _,..d,. offered to retNe a cluim.then Le�der may rollecl the inxurance procced�. l.eixler muy uxe the pnxeedx to repnir ar reslorc
<br /> 'e���.v''�'. : the Praperty ar to pay sumR secured by thir Securlry Instrument,whelher or nnt Ihen due. The 30-day period will begin when
<br /> ����.-�r�`�.` Ihenotkeisgivcn. ----
<br /> " ��a�+-�� ^ Unless Lender and Borrower otherwir�e agree in w�iting,any upplicution af prcxcrJ��o princlpul .hull nat extend ar
<br /> ��`�:��',.
<br /> _ pawpone the due date of the monthly puyments teferted to in pnrugraphs 1 und 2 or chunge�he umaunt of the pnyments. IP
<br /> -- �.c ' under paragraph 21 the Property is ncquired by Lende�, Borrawer's right to uny insurunce pulicics und proceedx reKUUing
<br /> -----�,°• � �'
<br /> --- , , from damage to the Propeny prlor lo the t►cquisitfon ahall pu.�s to Lender to�he extem of�hc rums+ccured by this Security
<br /> --;`,;,;�w;�: �, Instrument immediately prior ta the acyuisition.
<br /> =- ��r, , . 6. Occupancy. Preservadon� Muintenaace �nd Protectbn oP the Property; Burrower's Lonn Applicatlon; -.-.-
<br /> �' � I.eASebolds, Borrawer shnll accupy,establish,und use Ihe Rropeny nx Borrower:s pnnc�pal residence within six�y duys oftcr
<br /> � �`�- th�executiun uf this Security Instniment:u�d xholl continue to occupy the Propeny us Bar�ower w principnl rexidence fbr ut �
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<br /> __- `�'� '•, ,,;;,�.;., � least ane year after the date of occupuncy, unless Lender otherwise ugreeti in writing. which conxent xhull not be
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<br />-�;;��:�.{•. �-..:•�. unreatianably withheld,or unlesa extenua�ing circumwnnces ezixt which ure beyand Barmwer+contral. Borrower sholl not
<br /> �'� - deslrny,dwnage or impuir the Property,nllow the Propeny w deterio�ute,or commit wa�tc on�he Propeity. Borrowcr shull _
<br /> ''4-�.,, `'"%* be in default if ony forfeiture nction or praceeding,whether civil or criminal,is begun that in l.enclar i gaad fuith judgment
<br /> s���"i��� ,'... � , could resuU in forfeiture of the Property or othenvise muterially impuir the lien creuted by this Security Inxtrument or
<br /> � •.. --
<br />_ •� , l.ender�security interetit. Borrower mny cure such u default und reinstute,ux provided in pnragruph 13,by cuusing the uction
<br /> =� � y ' or prcxceding ta be dismi.r•.r•ed with n ruling thnt,in Lcnder's gcwd fuith deteimina�ion,preclude,forfeiture af the Barrower� _
<br /> 'p�'�`-'��.�;, • incerest in the Property or other materiAl impuirment of�he lien creuted by thix Security Ins�rurnent nr Lender: securily
<br /> :�- :� .
<br /> =• interex�. Borrower shnll ulso be in dePuult if Borrower, during thc loan upplicution procehx, guve muterially alse ar __
<br /> ! -� � inaccurnte infomiation or statements ro Lender(or f�iled to provide Lender wiih uny muteriul inPormution)in conneclion wilh
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<br /> �••••::�y Ihe loun evidenced by [he Note, including, bu� not limited �o, repre�entutions conceming Borrawer+ accupuncy of the
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<br /> •���_;.,',�,�„r::�„x;��. F'roperty as a principul residence. If this Security Ins�rument is on u leuxehold.Barrower shull comply with all the provixions
<br /> `°" --- -��^� " � of�he leuxe. If Borrower ucyuirex tee ndc�o the Fropeny,the iea.r•choid und ihe ien IiUe,i�all uut�iierge unlecs L.endcr agrGCS -
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<br /> ,,,� ,�J�,, .. to Ihe merger in writinR.
<br /> :;'�. ', .:... � 7. Protection of Lender's Rights in the Property. If Borrowcr i'uil� to �xrf'orm thc covenums und ugrcemen�s
<br /> . .'?��u c � coniuined in Ihig Sccurity Inxtrument, or Ihcrc is u legul prixeeding �hat muy xigmFicunUy uffect Lender ti rightx in the _
<br /> - �:��•�; . . Properly(such a+u procceding in bunkn�ptcy,probatc,fnr eondemnution or for�citure��r to entimc luws or regulutionz►.�hcn
<br /> ','��•'`' Lender muy do nnd puy for whutevrr i,necessi�ry to pmtect the vulue of�he Piropeny und Lcnder's rights in the Property.
<br /> � ��� Lender's ucnonx may include puying uny xums xecumJ by u lien which hu,priariry over this Scrurity Instrumem,uppeuring
<br /> �"�" in coun, u in reuxonublc attorne , fecs und entcrin on thc I'm n to mokr rc uin. Alth�w h Lender mu tuke uctian
<br /> � • d'F�`. ..� �� �: . PY S Y�� � Fx Y p R Y
<br /> � •�:�� -. under�his parugraph 7.Lcnder dcx,not huvc w do,o, "`—-
<br /> , �,�,«. . � . Any umounts disbuncd hy Lcndcr undcr this p•rr�gruph 7 ,hull becomc additionul Jcbt of Borrowcr secured by thix ►���
<br /> . Security Inxtrument. Unles�Borrowrr und l.ender ugrce�o ulhcr lcmiti��f puymcnl,�hc.c umoun�s.hull Fxur inten:.t from the
<br /> ' � dute of dixlwnemenl ut Ihe Note rutc unJ xhull be payahlc, with imrrexl, upm noticc fmm Lrnder t�i Borrower rcyuexting �`��--
<br /> . `'�"' ' . puyment. __�-
<br /> „ "`�`'' ° S. Mortgage Insuranee. If Lender rcyuired monguRe inxurance u. u condi�iun�ri'muking the loun ucured by this =--
<br /> •� � , Security Ins�rument, Barrower shull p:iy tl�premium. reyuireJ io muintuin dir m�irtguge insuruncc in effect. If, for uny =R
<br />. • � „ reation, the mortgu�e inwrunce coverugc reyuircd by Lender lup+c+ or cca+ex tn tx: in ei'fect. S��rrower ,hull puy the �
<br /> : � ' - :�� . premiums reyuireJ �o ot►tuin covcrugc ruh.�unliully equiv:dunt w IIIC 111�11'IFiI�'C imuruncc prcviuutily in cffect. ut a co�t �
<br /> � _� �ub.r•tuntiully eyuivalcnt io tl�cost to Norn�wrr of thc mongu�c in+urunre previously in effecl,from un ulternule m�xt@�+ge e
<br /> � ,�: inzurer Approved My l.rnder. If,ubstuntiidly eyuivalent munEaFe insurunce coverugr is nix uvailuble.Bomower shull puy to a-
<br /> Lender each month u sum ryuul�u une-twellih��f the yrurly mortg�gr imuruncc premium heinF p•rid by Borcower when the
<br /> .�v,: ��•:.�"^ insurancc covcrugc Iap�eJ or cru.ed lo Ix in eftec�. I.cndcr will urccpt.usc und re�uin the�r puyment+u+a lo.s rcxcrvc in I icu
<br /> . of'►nortgnge insurunce. l.�►ss rc�crvc puyments mc�y no longrr Ix rcyuirrJ,ut thr optian of LrnJcr. if mortgugr insuruncc �'k
<br /> . covcr�ge(in thc umounl unJ for the�xriud that Lrnder neyuire�l proviJeJ by nn in.urcr upproveJ by Lrnder uguin Ixromcy °
<br /> , ` . uvailable and i,obtuined.Borrowcr.ht�ll puy ihc premiunn rryuired t�i maintuin nwrtgu�r in.urunre in et'fec�.or w prnvide u ����
<br /> ' Icis�rescrve.unlfl the rcyuircmcnl liir morlFuFc insuruncc cncl.in arcunlunrc with:my�vriuen agnemrnt hetw��n B�xrower
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<br /> " •�� und Lcndcr or applicuble luw.
<br /> 9. Inxpection. l.endcr��r it.ugrnt may nu�kc rra.�muhl�enlrir.uEx,n and inr�krtiunti ol'1he Pn��rty. Lrndcr�hall ��,
<br /> , � �ive Borrower noticr at�hr tim.of ur priur Iu un in,�xrtiun,�xrii'ying rei�.unahlr cuu.c for�hr imFxrliim. a:
<br /> IU. Condcmnation. Thc pr�xccdti uf:my aw.ird ur rl��im tirr J:una�r,.Jirrrt��r runui�ucntial.in ronncrii�m with uny ��'.
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