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<br /> �-I• penops ti�st ixmjc� ic-yui�". T�.:i�.:u:«tt.�:arrl:r Fr+�1�lfnu�hp in•�arnno��chnll iwR rhn�en by Rcirrower a�ubiect to Lendcr�
<br /> '"- + approvol whfch chall not be unrearonAbly withheld. If Bo}mwer fuils to mnintain coveruge deiacribed ubove,Lender may.at `�
<br /> � L.enderk aptian,obtain coveruge ta protect Lender�rlghts in the Propedy in uccardunce with parogroph 7.
<br /> - A!I ineuronce policicK and renowAlk Yhull be acceptable to L.ender und s;hall include n+tandurd marlgnge clauxe. Lender
<br /> --- -- -
<br /> shull havc tho�ight to hold the policiea und renewalx. If Lendcr reyuircs.Bortawar shall promp�ly givc to Lender all receipta
<br /> of paid premiums wtd renewnl noticeK. In Ihc event oi ioss,8orruwcr shufi give pn�mpt iwlic�to thc insurance curtiee en �
<br /> --- '�"-'44"�"'"� Lender. Lender muy mAke praof of loxx if not muJe promptly by Bormwer. —
<br /> �� '�"� Unlesx l.ender and Borrowcr otherwixe agree in writing,inhurunce prcx:eeds�hall be nppUcd tu resrorn�ian or repair af
<br /> -�T�� the Property damaged, if the restorntion or repnir is ecanomically fcasibic unJ i.endcr'. s�:curity fti nat Ic.r•�ened. If the �_--
<br /> ,�- .. =� rew�ora�inn or rcpuir is not economicully fet�ible ar Lender�xecurity would Ix iexsenrd,Ihe inxurunce proceedx xhall be
<br /> ----�� upplled to Ihe nums secured by this Secu�ty Insuument,whelher or nol then duc, with uny exceti� puid w Runowcr. If �=�-
<br /> =._�� Borrower nbandons the Praperty.or does not unswer wi�hin 30 duys u uatice from l.ender thut�he insurance carrier haa�
<br /> --"��°'� affered to�ettle a claim.then Lender may collect the insurance proc:eedx. Lender muy use the praceedx to repair ar restore __
<br /> �-==��`y�i;...;' the Property or to pay sums secured by this Security Instrument,whe�her or not then Juc. The 3U-day periad will begin when
<br /> - the natice is given.
<br /> - y�`"°��' � Unlesx Lender and BoRawer athervvise ugree in writing,�ny upplicution of proceeds to principul shull not extend or -
<br /> -� .S,IUt : ,i
<br /> -.:�.-=Fb•� poxt�nc the due date of thc manthly payments referred to in parngraphs I und 2 or chunge the umuunt of thc payments. If �
<br /> -----�i��":"`-* , • under uta ra h 21 the Pro rt ix ac uired b Lender,B�rmwer� ri ht to un insurunce licle+ und rocecds resulting
<br /> ,�..,,. . P 8 P Pe Y q Y � Y P� P
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<br /> ��`.8..,�uE�.„ from damoge to the Property prfor ro the acquisition shall pusa to Lender to�he extent of the xums secured by Ihis Secunty
<br /> _�`•�,, ". Inatrument immediately prior to tlte acquisition.
<br /> �`�'��' 6. OccupAncy, Preservatlon. Malntenance and Protectlon oP the Property; Borrower's LoAn Application;
<br /> ;� ;�tNe' —
<br /> �c.;:',};.; . l.easeholds. Borrower�hall accupy,estublish, and use the Propeny as Borrowcrk principnl r�:sidence wf�hin sixty days uPter _
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<br /> �,.=,;;_�,;�� the execution of this Secu�iry Instrument and xhall continue to occupy the Propc:rty us Borrower's principal residenec or at ---
<br /> --==���=�:••`.... leost one year ufter the dute of occupnncy, unless Lander othenvitie ugnees in writing. which consent �hall not be
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<br />- ,� n•<,��. unreasonably withheld,or unless extenuating circumstnnces exist which ure beyond Rnrrc►wer's controt. Borrower shall nat `_
<br /> - ��=s.' destmy,dumuge or impair the Piropeny,allow the Property ta deteriornte,or commit wnste on the('roperty. Borrower shnll �„_
<br /> -�-�""°` � ��• be in default if any forFeiture action ar proceeding,whether civil or criminul,is begun thnt fn Leader's good fAith judgment
<br />°�_�y..;Y_°_ could rexult in forf'eiture of the Property or otherwise mnteriully impuir the lien creuted by thix Security Inti�rument or __
<br /> 4• ��� :��; Lender g securiry interest. Borrower may cure such u default und reinslute,us provided in parugruph I R,by cuusing the�ction __
<br /> Y , or proceeding to be dismisxed with a rulinR that,in Lender�gaal fuiih detertninution,precludes forFeiture of the BoROwer Y
<br /> '�`�" ' interesl in the Pro rt ar other muteriul im uirment of the lien crented b this Secunt Im�rument or l.ender's securiry
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<br /> •r� a� r o PC Y P Y Y o�.
<br /> -;b� , ^ intercxt. Borrower shs�ll ulso be in default if Borrower, Juring the Inun applicution pracevti, gave maieriully false or
<br /> -`=''����•� ., inuccumte information or stntements to Lender(or fuiled to provide Lencler wiih uny muteriul informutianl in cannection with
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<br /> . .'�'����:�.; ��'' the laun evidenced by �he Note, including, but not limited to, representu�ions concemin� soROwer's occupuncy of the �T
<br /> ' �;. , '� Propeny�.s a principul residence. If Q�is Securiry Inhtrument is on u Icatichold.BoROwer zhall comply wilh aU the provi.r•ions
<br /> '�'�_ '` �a''�" � of the lease. If Borrowcr ucquires fec tiUe to�he Praperty,the Icusehold and�he fce tiUe shall not merge unlesx l.cnder ugree.r•
<br /> :���.>." •. '` --
<br /> - „__��;_ ro the merger in writing. ---
<br /> •:?�� ` 7. l'roceetbn of Ixnder's itishta in fhe Prupe�iy. ii' 8um,wer I'oiia tu perfoi-n� ihc cavcnani:,and •rgreements ��
<br />.••��'�r° � contained in this Secutily Instrument, or �tiere is u Iegal proceeding Ihut muy signitirnntly uffect Lender; rights in thc �x:
<br /> :=��';: ���' � � Propeny(such as u praceeding in bunkrup�cy,probu�e,f'or condemnution or fartci�ure or to enforce luws or regulutions).�hen �_
<br /> �''" �� ' ' L.ender mny da and puy tbr whutevcr i,nccetisury�o pratect thc vc+lue of the Propcny und Lender?c rights in the Propeny.
<br /> '�=�� -�•� . �' Lender's uctions muy include puying uny sumti secured by a lien which hux priority over thir Security In+trument,up�xuring �,�'
<br /> '� in court, puying reusonable unorncy.'fecs und entcring on the Pmpeny to mukr repair+. Althou�h Lender muy�uke uction
<br /> '' ,,�;.:�_, .w'µ under Ihis puragruph 7,Lcnder dces not huve lo do�o.
<br /> � ,. Any umountx dirbursed by Lcnder unckr Ihiti puragruph 7 shull beccime udditional JeNt i►f Borrower,ecureJ by Ihix
<br /> �,=. �,,,:�� Securi�y Instn�ment. UnMss Horrowcr unJ LcnJer u�!ree to uthcr lcm�+ul'puymrnt,thexc i�moums shall hcur interext i'rom�hr ��
<br /> ,y=; ,y.�. d . a; � dute of dixbuncmcnt at the Note rntc und shull Ix puyuble, with inlcrcxt, u�x�n noticc f'rom Lcnckr tc�Borrowcr rcyurstinti �:� .
<br /> ;�«�. . paymcnt. -
<br /> ' 8. Mort�ase Insurance. If Lender myuired monguge inxuruncc os u runditiun of muking�hc I��un zrcured by �his ____
<br /> ':�„} �'� '�, Securiry Intitrumcnt. Borcowcr�hall puy�hc premium,rcyuircd to muinti�in the mongagc insuruncc in�I'I'cct. If. for uny �,�
<br /> „-, `••��,'• reution, the monFugc insuruncc rovcrugc reyuin�J by Lrnder lapxc, or ccuscs to he in effcct. B�►rrower xhull pay Ih� ��
<br /> - ��; ' premiurr,ti required to e�tuin covrrage ,uh�lunliully cquivulent to Ihe morl�a�sr insurancc previously in et'fecl. al n co�l
<br />-Y-'�=-=�;�i �<<;l � �;ubvlaMially eyuivsdent tu the co.l to Borrower ul'�Ix nxm�u�r in,uranrc previoutily in cl'fcct. 1'rom i►n al�ernate mohgugr E��
<br /> .��' •.''_;��i�:r..., insurcr upproved by LrnJcr. If tiubtitunliully ryuivident mungs�gc in.uranc�cuvrra�!e ir neN availablc.Biirrower shall pay ai
<br /> -���'� Lender euch mon�h u sum eyuul to orn-twrltih of thc ycurly m��rtFugc insuruncc premium hcing paid by Rorcower when Uic
<br /> insuranee coverugc I�iptied or ceased to Ix in ef'fect. Lender will ucrepi.u,r unJ rctuin�he�e ptryments us u lo�.re+crve in lieu
<br /> ;:�; : ... �; of mixtgi�gr in+urunrc. Lusti rc�crvc puyntcnt,muy nu lungcn c� rcyuirrd.;�t thc upti�m uf LrnJcr. if mnrtgu�!e in.uruncr --
<br /> ,�... �, coverogc(in thc umoun�unJ for�he�xriod iha�Lrndcr�yuiretil pr�n•idrd hy.m in,urer appra�•rd by l.ender uguin lxromes :Q-__
<br /> ,•' � uvuiluble und i+obtuin�J. Burn�wcr,hull p:ry the prcmium.rryuireJ w muinlnin nwrl�a�e in�ur:uire in efiecL or Io pnrvide a
<br /> � ., los.rc�crve.until the requimment for nx�ng�i�r in�uruncc c�xl.in ucci,rclancr wi�h any wriucn u�mrment l��wecn Borm�vcr �`°:;;
<br />- und Lender iir i�pplirablc law•
<br /> ° � " 9. InspecNon. LcnJer ar il�ugcnt nmy makr rcationaiMlr cntric�u�iun and in.�xrti�,ns ul'Ihr F'ru�xny. Lrndcr.hnll
<br /> ., givc Borrowcr nolicr.n�hc iimr�,f or pri��r�u:ut im�xrlion,�xril'ying rcaxon:�M�c:�ux ti�r Ihr in,�kcliun.
<br /> IU. Condemnation. Thr priwcrd,uf am•:i��ard ur ciaim ti�r dam:i�r..�lirrrt ur r�m.r��u�nnal. in runncclion with any y;.
<br /> . ' timµl.l•.mnh •Funnlr�lue�Fmldlr�fucC\IFI)N\11\til'Rl'SIE\'I'..1n�1�nmCu�rnani, 9�911 ip��er+.dn1ureru a"'�
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