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<br /> � .• perlod�tlW 1.rnde*raWins. 'f1w Inwiwke curkr prevWfn��Iro imufx�ce�h�li be clid�a�by saro�t wb . r wi.en�Y.
<br /> �v�l wAic6�11 not Ip wu wl�h�eId. JPApr4wer t�U la m,�inuln covc dacribal�E6Ye, � r m�y.il '�
<br /> t6 op�ian,qbldn cm•enje�l.ender�rigAt�leJlap�nY�n���w ih pnqnpb 7. "
<br /> - . l�IL ins4f�M1CG jfollclea Wld(mCwyl��Allll bn�CCCp��Me to I.ender ad sryall ipciude���udk�i mony+ya clwts [;en�kt.
<br /> shulih+�vo�herijht�otwidthepolickaeqbrcnewais. tfLendcFrequirca,Barowerah�llp�wulNtyB(votol.endtralliaeEjMt
<br /> - of MIA pm�nium�an�f xnewal nake�:Tn tha event oP losa,Borcower Eh�ll givo.prompt naice to�ho Insuronce curtcr�id
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<br /> I.ender� l.abtr may m+ke proof of los�itrpt mde pnmpty 6p.Nartower: ' ,
<br /> _�_--.� ... Unkss l.ender and Borrowuahcnvlse agrx In writlng.Insul�nceproceerU ch�ll.be npptied to restoration or ieyiiir ot - -�
<br /> ihep��y dun�ged;if the restoiedon or repdr is ecaqmically kulbb and Lervderb secu�ity b not lessened.'!f IAe
<br /> rcs�oruion m rcppir is rat eco�am�celiy feulbia a[.ende�l�securiry wald be Iessened,t��Insurai�co proacds sA+116e
<br /> _ �pplied Io thq suma secarcJ 6y�hia 3ecuiity Ins�mnxnr whether or not tLen due,wtth any exccH pald lo Borrowet. If� —
<br /> Sortower pbandons�he Propeny,a das not answer wlihin 30 day5 a natice from I.ender that ihe Insunnce ca�ler ha�
<br /> o(fercd w selpa u clolm,then I..enilcr may collcct thc Insuronu procteds. I.ender may uso thc proacds ro rc ir w rcstore
<br /> Ne Pro�tty ot lo pq sums sccured by�hie Saurity Instmmcnh whciher or not�hen duc. 77ro 30-day pedod w II 6egin when
<br /> _ lM0(IOIICOI98IY(y1.
<br /> - Unless Lendcr and Borrower othcfwiso ugrce In wrlting,any ap Ikatlon of praade to princip�l shall not ex�enJ ot
<br /> posipono�ho dua datc of tho momhly paymenis rcfem�d io(nµvagr�pRe I end 2 or changa che amount of the paymente. If
<br /> -- underp�ragreph 21 �ha Rope�y b acqutnd by l.ertder,bortowerE righ�la any Insumnce policies�A proceeds rewhing
<br /> trom damago�o�Aa Proper�y prior io�ho acqulsitton shail pass ro Lcnder a tho ea�ent.of tho sums secund by thia Securiry
<br /> Inslmment Immediaicly prlor�o�ho acquisition.
<br /> 6. Occup�ncy, Preaervatbn, Mitntenance �nd Protcclbn ot the Propert9� Borrower'e I.am ApplkaSioni -
<br /> l.aseholds. ifortowe�ahall occupy,ostablish,and use the F'ro�seny oe Dortower�principal ruldence wi�hin sixiy drye nttec _ ��
<br /> --°��°---° �ha execuqqn of thfa Secudty Irsirument and siarlt cominue�o ottupy Ok Prop:ny as Qortower§pdnclpal residenu forat -�
<br /> Ieut ona year aRer �Ao daie of occupancy, unle.a Lender otherwise egrca in writing, whlch conunt shall not 6e .
<br /> unreasonabiy withhcld,or unics+cxtenuaiing circumstanca exist wh(ch em bcyond Da�ro�rerl rnntrol. Borrow•er ahall na
<br /> destroy,damage or Impalr Ihe Property,ollow tho P�openy io demrlomte,or commh wr_ctc on the Propeny. Uoao���er shall
<br /> bo in defeutt if any fodeimru ac�ion or procading,whcther Nvll or criminal,(s begun thnt in Lender§goad faitb Judgment
<br /> could n:auit in forfefiure ot�he Propcny or othcnvise ma�crinlly impair tho Iien crcated 6y ihis Suudry fns�rvnxnt ot
<br /> ------= Lcndcrb sccudty intcrcs�. Ilortorvcr may curc such n deteult and rcinsiotc,es providcd In parngreph iS,by causing da ectton
<br /> - __-— or procccding to ba dismissed�v(th a ruting iha�,in LenderY good falih daertninmion,precludes foddmrc otthe Dortowerb
<br /> ---`�'� intemst in tha Ropeny or aher ma�edal impaimxm of iho Iien crcaiul Uy this Security Instryment or Lenderb secudry .
<br />�-_�� intcrcsi. 6orrowcr shail alno bo in defauh if 6ortower,duBng d�o loan opplication process, gave materialiy falso or
<br />=�.,.-,±�`Y„ : inaaurete InPoimation or R�atemems to Lender(or failed w provide Lender wtih nny matenal information)in conneetion wiU� -
<br />--���•-;,_�„�., tho lo:ui evideneed by �he Nuro, including, bul nol Ilmlled ro, mprcsentation.v conceming Bonowerh occupancy of �he
<br /> �'i{u%���.;?,� Propeny av aprincipaLresidence. If this Security Instmmem is on a Icasehold,6o(rower sha11 comply whh all the provisluro _—
<br /> -�.+.����=p�st;�- of t�a Icase. II Borruwer acyWr.�fce tipc ro�he Propeny,Ihe Ieasehoid pnd Ilto fee litle shnll nol merge unles�I.eoCet egrccs -� � ��
<br /> a.:'` :r ro�homcrgcrinwri�ing.
<br /> ;�;_,i-,_:::'�..,`:_ 9. Prolecllon of Lender's Righls In the Properly. If Ffortower fails to pedomi Ihe eovenants and :igreemenu -
<br />- comained in �his Security Insuumen4 or them is a kgat procecdin� dia� may signiflcantly uf(ec� I.enderS righu in the
<br /> x� .,;;�;"�'°�: ' Ropeny(snch ns n proceeding in bankruptcy,probate,for condemna�ion or forfeimm m�o enfonY im.y or rcgulnllone).Ihen
<br /> :;�c�r.���� Lender may do and pay for ivhmever is neceszary�o pm�ec�ihe vaiu:of ihe Propeny nnd LenAcr4 rights In�ha Rroperty.
<br />- :I�ti:"-': - Lenderk oc�ions may include paying uny sums secumd by a Iien which has prioriry over this Securiq lnsuumenb nppeadng
<br />`�-"•�i''::.:�:,.�� in court,pnying rcuonabie auomeyi fecc nnd emering on ihe Pmperty�o m,ke repain.Ahhough Lender may take nction
<br /> �C'":'$°'����' - undcr this p,r�gnph 7.LcnAcr docs not havc�o do r:o.
<br /> .,��S•'�.:`4;;',- Any mnoumn dis6uned Ay Lender under�his paragrnph 7 shall become addiiiannl deb�of Borrower secarcd by this =__
<br /> --�,�-,;t`-;_ Security Insuumcu6 Unless Uorrower ar.A Lender agrec m o�hcr temis o(paymem,Ihcse amounts shall bcar iNCrest from�he —,�,_ __
<br /> .. �, v: date of disbursemem m�hc Nac rare unA sha{I b:p�rya6lc,�vi�h intero4 upon notice from Lcnder to Dorcon•er rcqucsling ��-:__.
<br /> pnyment. �.-r-�,--
<br /> � ! ,� & 5lortgage Insurence. If LenAer�ryuircd mongnge insamnce at a condilion o(moking the loan ucured by thie �===-'"`
<br />-�.' ,'.��:� Sccuri� IIISINIIICpI. UOROR'l•l SFAII � �hc rcmiums r uireJ Io mainl�in �hc mon .� c insumncc in cffec�. If.for an vJ:_-=�`'
<br /> .._,��:,,.�._: Y P�Y P W @'F Y �;:,:,.�..:--
<br /> � reamn, ihe mongage inxnnnce cmerag. rcquired by Lender lapses or ca�xes to be in ef(ecL 6orro+rer sh¢II pay the , , .
<br /> ' prcmiums 2quired �o obmin cnvenge suhstanlially equir,dem Io �he mnnyngr inaurance previondy in effect, m a cosi ' --�
<br /> �: xubsmn�ially equivnlem�o�hc rost io Ilorronrr of�hc mongage inwrance pmviuu.ly in effec�,imm an al�cmate mongngc - '{ -
<br /> ' insurcr nppmvcd by Lcndcr. If wb+l;mli:dly cyuiv:dcnl ntutlgngc in+nnnce corcragc i1 nol arailablr.Uortow�er shall p�y ro �� ;
<br /> '�1... s -�'. iwnder each monlh n wm cqaal lu one�W cl(Ih of�he��early mongage imur.mce pnmium I+eing paid 6y Dortwrer��hen�he u,v —
<br /> - -� {t s.-� insumnce coverage laprted nr ce.�:eJ to Ik in rffeU. Lender�cill accepl,uu and rclain Ihese paymenlx a�a bss rcserce in lieu 'r��k���
<br />-.:�y�4.S;�-,:". of mongage insur.mca Lot reeen•e pa�mrnl+nc�y no Innger lu reyuircJ.:n�he npliun of l.endrr. i(mongage insuranee - -
<br />.,��J �.'�'.l�._ corer.�ge(in the:wwnm;md fur�he periuA�6a� LcnJer nyuire,)pmrideJ by an imurer appmccA Dc Lender again hcomes _��.:��',__,
<br />��h.,;;:.�. ,:.1. available and is oblaincd.17orro�ccnhall�xry��hc prcmium.rcyuircJ In maimain mungagc insurann in cffccl.or�o providc a :��i•i;___
<br /> �v:.... . lota rcserve.umil Ihe reyuircment(nr mangage in.umnce end.in accardance wi�h any�rrin.n ngrcemenl Mnccen 6ortower �,'.�",:"
<br /> `= i r� and Lcnder orapplicahlc law.
<br /> _+. - 9. Inspecllan. LenJer nr ih agem m:q� maAe rc:unnaFle cmne.u�,n:md inyxciion,nf ihc Pro�ny. Lender�hnll �.'�;_-.
<br /> ' givc Dorrowcr nolicc anhc Iimc a(or priano:m inyxc�ion.�cifying rca.nnahlc caa..fnr Ihc inyaction.
<br /> � _, I0. Cm�demnnllan. The pnwccd.of au��:mard or daim for d:unngt..Jirc.t nr cun•.yu.mial.in conneclinn ui�h an�.
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