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<br /> �� periads�hnt Lender rcquires. The insurance ca�rfer p�oviding the insurance shall be ch�+en by Borrawer Hj! ��
<br /> —�� , approvul which�hall not be unreasonably withheld. lf Borcower fails to muintain covcmge dcscribcd ubove,lxuder may,at
<br /> - - Lender�s option.obtain coveruge to protect Lender�rights in Ihe Propedy in nccurdance with p:uugrnph 7.
<br /> = All insurance policies and ronewals ahull be acceptablc to Lender and shall includo u atnndurd moAgage clause. LenJer
<br /> --`� shall huve the right to hold the policies and renewals. IP LciiJCr�Cyuirea,Barrow�cr sha8 prompAy giee to l.ender all rcceipt� .
<br /> � of paid premiums and renewal uutices. In the event of loss,Barrower shall give prompt notice�o the insumnce carrier and �_
<br /> •-T��; '-,�� I.ender. Lender may make pruof of loss if not mude promptly by Borrower.
<br /> Unless Lender and Borrower otherwise agrec in writing,inxurnnce proceeds shull be upplied to resto�ation or repuir of �
<br /> ""�—� the Properry damuged, if the restomtion ar repuir is economically fcusible und l.rnder� +ecurity ix not lestiened. If iha
<br /> - - - restoratian or rcpair is not econamicully feasible ar Lender,security would b� le�hened, the inrursuice procecds shull !x �- _
<br /> _ _�.
<br /> ___-��`�� applfed to tho sums secured by this Security Inxtrument,whether or na then due, with any excess paid to Borrower. If
<br /> :: _, Borrower abandons the Propeny, or does not nnawer within 3Q days n natice from Lender thut the inxunuuc currier ht�
<br /> ~1�-,.;;o., offered to isenle a clAim,then Lender muy collect the in:ur:usct proceeds. Larxier muy use the pr�x:eeds to repuir or restore �.
<br /> —����%'• :, the Propeny or to pay suma secured by this Securiry Instrument,whether or not then due. The 30-day period will begin when
<br /> �,�.._,,,.-' the notice ia given.
<br /> g...:a�,ar�r'�`�� Unless Lender and Borrower otherwise agree in writing,uny upplicution of praceeds to principul shall not extend or
<br /> ------- - pos�pone the duc dete of thc monthly payments referred�o in parngraphs 1 nnd 2 or chnnge the umown uf the payments. If --
<br /> --_ _ under pnrngrnph 21 the Prq►eny is acquired by Lender,Borrower's right to any insurunce policieti und praceeda resulting
<br /> -'��'�v:. fram dumage to the Property priar to the acquisition shuU pusx to Lender to the extent of Ihe gums secured by this Security
<br /> - _�'`�.,.�e.,,.: Inswment immediutely prior to the ucquisition. -
<br /> --° :.z�;�:,,: 6. Occupancy, Preservatlon, Malntenance and ProlecUon oP the Property; Borrower's l.oan Applicetioni
<br /> ---- -�--�� • ': Leaseholda. Borcawer shall occupy,estublixh,and use the Praperty as Borrower+principnl residence within sixty days af'ter
<br /> =�g�:� the execu�ion of this Security Inst�vment and ahall cantinue to occupy the Propeny i�s Barrower's principul residence for ut
<br /> ---=-_-�- - Ieast anc car afler the date af occu unc unless l.ender othcrwixc ugrees in wri�inF, which rnnsent thall not be
<br /> �;�..:,�° •= y p Y� �-
<br /> s�;.�.,�.�`:• .{�' unreeaonubly withheld,or unless ex�enuating circums�unces exist whkh ure beyond Borrower:cnntrol. Borrower�hull not
<br /> �' k;�'�;- destroy,domage ar impnir the Propeny.ullow the Property to deteriornle,or commit wasle on thc Praperty. Borrower shull �.-
<br /> :.�, • � be in defnult if any ForFeiture uction or pra:eeding, whether civil or criminad, i+hegun thut in Lender�good faith judgmenl
<br />_`� '�.� :' ,, could result in forf'eiture oi the Properly or otherwise muteriully impuir the lien creuted by this Security Instrument ur �
<br />— �"�"�� Lender's security interest. Borrawer muy cure such u defuul[and reinsta�e,ux provided in puragraph I ii,by cuusing the oction
<br /> -;�:��.����
<br />"�•_��•- ' ' ar proceeding to be dismisxcd with u niling �hut,in Lender's•gaod faith determinu�ion,precluJes forfciture of thc Borrowerk
<br /> �''"�'�� interest in the Praperty or other materiul impuirnient of the lien creuled by �hi+ Securiry Instrumem or Lender's security �'
<br />_"��;,�i� ^ � '" '��* .�` interext. Borrower shall nlso be in defuult if Barrower, during thc loan upplicution pra:exs, €uve mu�eriully i'ulse or �
<br /> ;;��,��� �' � "` � inaccurnte infortnutian or�tatements to Lender lor fuiled to provide Lender with uny mutcrial informution)in conneclion with
<br />,__:�, � �•'"•��� the loan evWenced by the Nae, includin�, but not limited to, repmsentutiom runcerning Borrower's occupancy of the —
<br /> ..;.,,�,.�....... �'.
<br />-�,, �` � propeny us a pr fncips�l resi dence. I f t h is Srcuriry Inr irurnen t is on u Ie atie h u l d.B o r r o w e r,h u l l c w n pl y with nll the pravisionti
<br /> '�-��-�•� •��,�• " of thc lense. If Bcxmwer s�cquires fee tide to 1he Propeny.�he leusehold und�he fec�ide shull iwt mcrge unless Lender ugrees
<br /> _-::�t��ra��.aa1•�. , _�
<br />= to the merger in writi�g.
<br />-°�.�� � � r� 7. Protectbn op Lender'� RiRhts in Ihe Property If BoROwcr fuil• to perform �hc rovenunts und agreemcn�c
<br /> .� ` ~�.
<br /> .�k.�. '.. � contuined in this Security Ins�nimem, or there i+ u legal pnx:eeJing thut muy .igmiicunlly uffect Lender+ rjghis in the �,�.
<br /> � r� � Property I+uch us n praceeding in bunkruptcy,probote,for condemnution or fortci�ure or w enforce luws or regula�ions),�hen —
<br /> - • Lende.r muy do and pay far whutcvcr is necexzury to prot�c� �hc vuluc of thc Propcny imd Lendcr:right.in�he Property. _
<br /> °''�` ��` ' Lender's uc�ions may include puying�iny tiums securcd hy a lirn which hus prioriry over�hi.Security Instrument,appeuring _
<br /> � . ;�4�,,;. , in coun, puying rensona6le uUamcy�'fcex unJ entering un the Pm�xny to muke repairs.Althaugh Lender muy lake uctian
<br /> .';��,;;�• " � , under�his pampruph 7.LenJcr dac+not huvr�o do xo. �--
<br /> �•,: Any amounts di.bur�cd hy Lcndcr undcr this puragruph 7 ,hall bcr��mr additionul dcht��f R��m�w��r�ccurcd My Ihis _
<br /> '_ �- � , Sccurily Inxtrument. Unletis Borro�vcr and Lcndcr u�ree lo othcr temi�uf paymcnt.lhc,r amounts�hall hcur interc�t i'rum thc �„
<br /> � �.: .. da�e nf Jisbunement ut thc No�e rule und xhull fn payablc,wi�h intemxt, upon notire fmm Lendcr�o Norrower rcyues�ing �,
<br /> :." � puyment. _
<br /> � ' � 8. Mortgaqe Insurance. If LcnJrr myuirrJ nuxt�:u�!c in+urancc,�ti u cunJiii��n ut'mukinc �hc loun ,ecured by Ihi. __
<br />:.�;.� � �w��. Securily Instrument, Borrower�hull puy the premium+ reyuired 10 muimnin thr mon�ugc in.uruncc in �ffecl. II', for uny �
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<br />-- • �^�fi• ; reuson, the monguge insurunce covera�e reyuircJ hy Lender lap,cti ur cru+e+ tu t+e in rt'I'ecl. eorrowrr �hull puy tl� �;,
<br />_- a�:• • prcmiums rcyuimd to obtuin cover�ge xuhtilunliedly equivulrnl lu 1he m�Nlguge in,uranre previou,ly in cffcct. ut a ru,l �
<br /> - � � �• ,ub�tuntiully cyuivulcnt t���hc co,t to Borrowcr of ihc nn�ngu�:r insurancc pr.vi�n��ly in cfirc�.I'rum un ultcmute m�xiEugc
<br /> ',`;;;.{t .�. inrurer upproveJ by l.endcr. II'tiuhtil:mtinll,y eyuivnlenl mungngc inwrcmcr cu��rr�i�r i�no�uvuilaMc.Biircowcr,hall pay 1�►
<br /> .`.', � Lcndcr cuch momh u.um eyuul ta onc-iwcltih�if thc ycnrl��mon�s�gc imuruncc prrmium Ixin�:puiJ by Hortnwrr when Ihc �
<br /> " ,,r' � imurancc rovcraFe I.�pxed or cra�cd t��tx in cffrct. Lendcr will urrcpl.u.�and rcl��in�hr,c payment.u+a lo..rc�crv�in liru
<br /> � - , i. ` ,��L'•, ' i of manguge in,urunrr. Lu�+re.crvc pu�•mrnls nuq�nu lungrr tx r�yuirrJ. :u the uptiun ol Lrndrr,il'mnri�aEc in,ur:�nce
<br /> rovrrs►ge(in thc umount unJ titt Ihc�x riod th+u Lrndcr rc�iuirc+l proeiJcJ hy�►n in,urrr;�rr����a ny Lrndcr iitiuin Ixcomc.
<br /> ""'� "' • avuiluble c�nd ir oMaincJ. Bi�rruwrr,hull puy Ihc prcmiwm reyuircJ lu nu�intain morlE•r�e in+uruncc m eft'rrl.��r tu pruviJu n _
<br /> ' :. . " luxx re�crvc,umil thr rcquircnxnt for mon��agc in.urunrc rnd.in+�ccurJunrr aiU�am���•rittrn u��trmrnt lx�wcrn Hurro�.�cr
<br /> • � . und Lcn�kr nr iipplicablc luw.
<br /> � �- � , 9. Intipectlon. LcnJcr��r il.agcnl may mc�ke r�ati�,n�ihlr rnlric,u�wm ain.t in+�xriion,��I thc ProFxny. l.rndcr,h:dl
<br /> .. ••. ° � �:IVC Borraw�r nuUr�al dtc limr��f ar priur ti,mt im�xrli�m,peril'�inE roarun:�hlr�':ul,�Irn•Ihr ins�xrli��n.
<br /> .. � 10. Condemnulion. Thc pr�krr�lti uf'any:n�ard ur rl:um t���r dam:��r..Jirrrl ur�un,eyurnli��l.m�unneclion�►•ilh:uty -
<br /> ., timFk 1•amih F"unnle\Iuc,P'rnldle�fih t'�IFUR�I 1\ti1Rl�1F:�I'..t mt�nm t'„���n.mn 4�40 ip��¢r±,�1 n pder��
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