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<br /> --�,�--- 9 .."105"775
<br /> �.�—,- perioda ihat Lender requirc.r. The insurance carrier providing 1he ineurunce shull bv cho�en by Borrawer nubJect to I.enderk
<br /> —__ __ _ approval which sholl not bc unroasonably withheld. lf Bprmwer fails m mpin�ain covcroge dr.r�rihed a6ove,Lender moy,wt
<br /> — ___ I.,ender'�optian,obtein coverage to protect Lender»�ighix in the Prop�Ay in uccardunce wl�h purugraph 7.
<br /> All insunu►ce poUcfea ond rcnewulr ahall be a�rcptoblo to Lender und shall includa u slundaM monQngo ciauae. Lender `
<br /> -������� ahall havc the rfght t�hold th�+pnlicies and renewuls. lf Lendcr rcyuircc,eorrawcr Khull pmmptly give�o l.cn�ler all rcceipts �
<br /> - _ -_ .= of paid premiums and renewal notices, In�he event of loas,Barmwer�holl givu prumpt nolkr�u the InYUnuuo cartier and _ _
<br /> _•����� Lendea Lender may moke proof uf lags if not made promp�ly by�larrawer.
<br /> Unless[.ender and Bcmower atherwixe agree in writing. inxurunce prc�erd.r�hull he u�lic�!�u re��ora�iun ar repuir of
<br /> �r ,; the PrcipeRy damaged,if thc resroration or rcpai�ia economicully fcusible uod l.cn�krk ,�ccurity is nat lex�cened. (f Ihe c
<br /> �' rc.r-tarutlon or rcpair is not ecanamicully Pensihle or l.enderw tiecurity w�dd hr Irvuncd, tiw in�uronce prcx:ceds shall be
<br /> _- applied ta the sums secured by this Secu�ity Instrument. whether or not Ihen duc, wiih ony excexa paid to Borrower. If
<br /> __ ��e:�� Borrower nbandons the Property,or dces not answer within 30 duya u nnticc from [.cnder�hut the inxumnce currier ha�
<br /> affercd to settle n clnim,then Lender may collect Ihe lnxurnnce proceedc. Lcndcr moy u+:c thc pr�xccds la r�puir ur reslore
<br /> -- -�_...,� the Propeny or to pay sums secured by this Security In�rumcnt,whether or not then du�. Thc 3U-cluy perfod will t�eQin when
<br /> ---=='';..�, the notice is given.
<br /> —``'l��;. , Uales.r• Lender tutd Barower otherwise agree in writing,uny appiicutfan uf prexecdn�o principul s:hall nat exlend or —
<br /> -°�-'�°'..,:v�' pogtponc thc duc date of thc monthly payments r�eferred ro in psuagrnphR I und ?or chunge�he umount of�he payments. If
<br /> ---_-`"=.�':ri� � under parugroph 21 the Propeny is ucquired by Lender, Barrower ti right In uny inr�urunce poliricx urxi pracecdx rexuhing
<br /> � � "��'' '` from dnmage to the Property prior to the acquisition ahull pu�s�o L.ender w the extent uf the xums xecur+ed by Ihis Security
<br /> � ,.�� i ' Instrument immediately prior to the ucquisitian. —
<br /> �'•�•a�' 6. Occupaocy, Preservado�, Maintenwnce nnd Protection uf the Property: Borrower's Loan Applicalion;
<br /> ;:.:,�u.� :�.
<br /> ,_�,�. " ,�. Leaseholds. Borrowe�shull occupy,eslublish,and use ihe Property ax Borrower4 princip�d residence within sixry days after _Y
<br /> _�,� 1he execution of this Secudry Instrument and shall conlinue to cecupy�he Piropeny u�Burrower;principal rcaidence for ut _
<br /> `.y�,, lenst one year afler the date of occupancy, unless Lender othenvise agrcex in writing, which consent shall nat be
<br /> �� -- =�'-=�!-�"°" unreasonably withheld,or uniess extenuating circumatances exis�which ure heyond Burruwcr i cumn�l. Bix�ower shall not - -
<br /> ��'"�'�. " destroy,dumage or impair�he Propeny,allow the Property to detcriorote,ar commft wa�1e on Ihc Propeny. Borrower ahull —
<br /> �az,�,,,;�;, be in default if any farfeiture action ar prceeeding,whether civil or criminul,ix hegun ihut in Lender ti goad fui�h judgmem
<br /> .''�'' �'�••� could result in forFeiture of the Property ar whenvise materinlly impair�hc lien crewed by �his Sr.curity Instniment or __
<br /> ��'=""�`"'�` ' Lender's secu�iry interest. BoROwer muy cure such u defuult and reinst�te,a,provided in pnrugruph 18,by causing the ac�ion �-
<br /> ``} y�'i�i�m:� � • or praceeding to be dismitised with u niling thu4 in Lender c gaod fuilh Jetertninwion,pneclwles fc�rfciture of�he Bomnwer i
<br /> �°�.` interest in the Property or other materinl impainnent of the lien created by this Security In�;lrument or Lender's security
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<br /> -`=�j�"'"'MO' interest. Bormwer sholl also be in defuult if Borrower,Juring ihe loun upplica�ion prucexv. guvc mu�eriully falxe or �._.
<br /> "`'�� inuccurnte informntion or stutementti to Lender(or failed to provide Lencler with uny mulerinl informutionl in cannection with
<br /> "�"�=J; �� the laan evidenced by the Note, including, but not limited ro, repmxentalions con�:eming Borrower� accupuncy �f Ihe �-
<br />'=`��.�•:r'.:i�;,e:4�:�'� Property as a principal r�esidence. If this Securi�y Inxtrument is on u leu�ehold.Bixmwer tihull camply with ull the provisionx �_,
<br />.�;„���� � -` of the leuse. If Borrower acquires fee title�o the Propeny,the leavehold und the fec tiUc�hull not merge unlex.Lender ug�ces
<br /> �-�_�:J.�. to the merger in writing. ___
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<br /> �''�", � 7. Protection oP I.ender's Rights In the Property. If Borrower fuils�o perl'orm Ihe cnvenants und ugrcements
<br /> ����X � ''� ;.;. _ contuined in this Securiry Instrument,or Iherc is u Iegul prcxeeding �hot muy+ign{ficsmdy uffect Lender's rights in Ihe �-�.•.-..
<br /> ,,�,;� ���i ��-`�••° Property(such us�u praceeding in bunkruptcy,probatc,for condemnution or fortei�ure or ti►enl'orrc luw�or regulutiansl,then
<br /> � •� � .�-�.•••�. l.ender muy do and pay for whutever is necesgury to pro�ect �he vuluc of ihc Property und l.cndcr; rights in the Pruperty. o,._
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<br /> . , 6 Lenderk uction+mny includc puying uny sums xecured by u lien whirh hu,priority over�hi.Scrurity Instrwnent,appcuring --r�
<br />�-�, � in court,puying reasonable uuomey�'fecs und cntcring�m thc Pro�xny to muk��mpuirs. Al�hough Lcmler muy tuke aclion ��
<br /> ` '""° ` under this parugruph 7,Lender docs no�huvc to do xo. �
<br /> r . � '�''�° Any umcwnts di�buned by Lender under this purugruph 7 shull lxrcomr udditinnul dcM nt' Bu�rnwer.�cured by tbis ��_
<br /> •���• � Security Imtrument. Unle.s Borrowcr und LenJcr ugrce to other�cmi.uf puym�m,thr,e imwuntti,hull bcur intcrc,t from Ihr '�_=
<br /> -7� ' ' "�'• date of disbunement u� the Note rutc und xhull be puyuble,wi�h imerc�t,up�m n�nice from Lenikr to Borrower reyurriing �-'�'�
<br /> ..;". � � , puyment. ...�..�
<br />- 8. MortRoge Inxur�nce. If LrnJer rcyuired murtga@e in.rurunre u�u condition ol'mukin��hc liian,crared by �his
<br /> �`»:^` �;�.i• • .•, , Security Ins�rumem. Borruwrr shall puy thr prernium+rcquireJ w muintain �hc mangugr in.urunce in cl'I'ect. If, for uny
<br />- • ''' -ti`� rcuson, Ihe mortguge inxuruncc roverugc rryuircJ hy Lender lup�c+ i�r ccutir, to he in cl'1'ect. Borrower xhull puy Ihe "
<br /> � ��` remiumz re uirrd to obtain covcru e tiub,�untiull c�ui�•ulem lu tlx nuxt�u n in.uruixc r�viousl �n ct'fcc�, ut i� ro.� � ,`
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<br /> '"• �' ' � „ xubrtuntiully eyuivalrnt tii�he ru,l to Bcirrnwcr c�f 1hc murt�ugc in,urs�ncr prcvinutily in e1'tcrl. fr��m un ulicrnatc monguge
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<br />_La�., insurcr appmved by Lcnder. If xuNti�untially cyuivulcm mimgugc in+uruncc ciiverugr i�no�nvailublc, B��rrowcr.hull puy t�� __
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<br />_. •,�;;,, Lender euch month u+urn�quul�o onr-�weNih of'�he ycarly monguge insun�nrc prcmium hein�puid My Burcower whcn ihr
<br /> r��+°`'•.� F insururne roveruge I�pxcd ur rru�rd to lx in�ffert. Lrnder will sicccpt,u,e;mJ rcli�in ilx,c paymrnts u.u Im�re+crve in lieu
<br /> .. . '� �'• �`�•. ^ uf monguge in�urance. Loss reticrvr paymrntx rnuy nu lungrr he r�yuired.�U tlx oplion of Lender. if m�xtguEc in�urunce ----
<br /> " . ° � � coverngr(in�he umount smd fur thc �riod lhat Lcnder rcyuires)providcd hy:m in.urer:�ppruvrJ by Lcndcr ugain Ixcume�
<br /> y�;,;'' ' '. uvuiluble und iti ob�aiikd. Borrowcr shull pay tlx: prcmium.rcyuircd tn mainiain murt�ogr in+urmicc in cl'Icc6 ur to pnwiik u
<br /> .. • • loss reserve,until the rcyuircment f'or mon�ugc in,ur�ncc end.in ucrorduncc«•iih uny a•riu�n ugrrement lxtween Burrowrr •
<br /> .s , ond Lender or upplicuble luw.
<br /> • 9. Inspectlon. LcnJcr ur it�.�gcn1 muy makr Ru�annhlc cntric� u�m aixl in.�xctium ul'thr Pn��xny. l.rnd►r.h:dl �
<br /> . Fivc f3orrowcr notirc ul thr tinm of�ir prior to;in in.�krti�►n.�xril'yin�r�:uunahlr r,�u,c fur Ihc im�xrtion.
<br /> , 10. Cundemnotbn. Thr pr�xceJti i,f:m�•aa:ird ur claim li�r Jamagc..dircr�ur run.ryucntiul.in runnrrtion �vilh im�
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