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<br /> ¢..Ifmrd ot hppertY[rurNUe..AorroV�er 1 kap the improven�Fnu'nriw,oxlairy or AercNet etbc�+pn Ihb ti
<br /> ��riY Inursd�alnct IoYS by qro.hupr7�Includel�ipiti thp�emi 'cakiKitd�covera�4'uid mp aher AtrarQt t6ctVd�
<br /> ' lloods"or flopolna,.fa�whleh Lcddel ilQplrFe.lpsurena.'I�ili:in}urw�wo sba11 qq iiylmultleA in tho adwunts ad for��ho pcd '
<br /> thu•I.F,nder requirrs�7t�e insuTancs arder j�roYldingahe Ipsurenca sha116o ohosen by Borrower subJal lo Lender'e opyrdvol' �
<br /> whlC�s�ull.�wt be unreiWSOruibly w(thheld. (f Itormwer f'lla lo n�ointuln cov6rege describcd ebovo, LeA4et nuy, ot Lendu'f ••
<br /> — opilnn;i�6lain cover�ge to protect Lender's rigl�to In thb Propeny in accoidanco with paragqph 7. -
<br /> All insuranoq policiq and rcnewils shall be aaept�bla io LeMer and e1u11 inciudo a siandud mnrcgnge¢ibuip�LendFr.. .
<br /> — shali.bavo�he dghk ro hold tlio poNciw end rcnewat�.it Lender rrquirc.�,Borcower shail promptly glvo to I.endcr uU rccciqi of `
<br /> _ ,—-_.—,
<br /> — pa7a prupiums aM rcnewal natices.in�ha cvant of loss.Bortower shall giva ptompt ao�lw to tho Insnqnoa carticr n¢11.ender,� — —
<br /> Lendu m�y mako proot of los�it not mado promptly by 6ortower, "
<br /> Unlesa Lendcr nnd Dortmver oihenviso¢grw tn ndting,(nsnrence proaeds shnll bo npplleA to restora�ion o�repair of iho
<br /> � ikopony demaacd,lf tha rosto�adon ot repalr le xonomicaUy fpaiblo and Lendcr's ccc�idty is no�lasened.lf tiq ttsto�nilOn 6t
<br /> repnir Is nnt canwnticnlly fcasibte or 4endcr'e scGidty x•autd @e Lesscne0,tho insumnw procceda sheil bo opplltd to tlio wms
<br /> — scc�rcA by�Ais Socu�iry Instrum:m;whetlicr or not �hen dva, wi�A any excese paid to �iortower. If 6ortower ubandone tho �
<br /> -- —" Properey,or dces vat ansxer witAln 30 deye a notico from 4rnder tAa►Nc tnvuanco prtier has offered ro sntla a clnlm,tGtii ,
<br /> I.erder may oollect the Insurenev p�octtds. Lender nwy uso �t�.,proea�s to nqatr or rumru �ho Prepprty or ro (xy ww -
<br /> _ sacuccd by�hLc Sccurity inettument,wheaher or not ihen dv.e."6T.e 30-0ay pedod will begln when tho noiico le given.
<br /> Un!ex� Lcnder and Qortower mhcrwise agreo in writiny, any applica�ion of p�acecds ro principal shall nc� extend or
<br /> postpono�Ao due date of thc monihly paymerts rekrted to io paregmpiu I und 2 or chango lhe anwun� of�ho paymtnu. If
<br /> urdzr paragrayA 21 ii�:Propeny is acquired Dy 4ere3er.Borro�ver's right to any incurar.oe poltcies ard proceods resulting from
<br />_._._____... ' &wge to th:Prcpccty pder to tM aoquisition sAaU pau to Len4er to U:e extem of tlia surtu secured by�hia Secudty letsirumerA _
<br /> � imm.odiztclyprlortothaacyi�lsiinn.
<br />-:;�� 6,Occup�ocy, PreservoNon,FfaNteaance und Ptotcellon of the Property{Borrow�er'e l.opn Applkaflon;4aasclwid�.
<br />._——. Uortower sAall omupy,establish,und ux the Propeny as Oortower's principal resldenee whhin sixty d3ys aRer�he eaautlon of
<br /> this Security Irutmment end sM1all mminuo to«cupy�he Propeny as Oorrower's principal rcsldenco for al Ieas�one ywr eftu
<br /> tAe dato of occupxncy,unleu I.cnder otherwix agroes in�vri�ing,�vhich conunt shall no�be wveasonabiy wi�hheld,or unless
<br /> ,v_____�, extenuatlng circumsta� exist which ere beyo��d [iorron:r's control. Bortower shall no� datroy, elamage or impair tlw
<br /> Property, nilow�he Property lo dcledorate, or commit �vrz on thc Propeny. Oortowcr shall bc In dcfeWt if eny forkllurc
<br /> —' ection ar proccedin�,whUher civil or criminal,is begun�R:r, in Lender's gaad failh Judgnxnt muid resuh In fodeifurc of ttw
<br /> ___ Propeny or otheiwise materially impair tlw lien creaicd by�his Security Instrumem or I.ender's sccuriry inrorest.I3ortower may
<br /> ."" '` wrc such e defauit end refnstate,as provided in paragnph 18,by causing ihe eclion or praceeding lo A:dismizsod xith a tuling
<br /> — .
<br />�i_.,.��-�i ths�, in Lender'e 6�d feith �v✓mina�lon. prtrludes far"k•:n�:te of the Oortower's interest in thc Propeny or other matedal
<br /> ,., ��' in,FuL:ment of the Ilen cra�t�5 b�� �hle Secud�y Insuumei:�or Lender's ucurity intemse. 6orrower shell also ho In defeul� if �� �
<br />_ ..�,'�_w,ar_,t �m+awrt,dudng lhe loan applitotfon procese,gave materiall.dnlse or In;xcura�e inforcation or s�a�ements ro Lender(or failed --�
<br />�_' _r'„�; to piavido Lendrnvith uny mamdel informatioN im m�neai,n�vi�h�he[an evideneed by�he Nute. Including,but no�IlmileA
<br /> � ��. � . .Fa.a resentations concemin Qorrox•er's accu ane of the,f:m n ns r� itii al rcsidence.If lhfs Securil Instrument Is on e
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<br />- - -�f v�:�:� ! 7ea,:aT�otd, 6onower shall mmp!y wi�h all �hc provisinns<f, -�ht Icasc. If Oorro�vcr ncqulrcs fx �i�le to �hc Propeny, q�c
<br /> � ?'t�x � 7:rsu7rold nnd�he fce li�lc shall nm merge unless Lcndcr egrce.m the mcrger in wriiing.
<br />_�r.}."v{j�,:: . �
<br />-�^-'--�-�°:�yTg.�� 7.Protectlon ot Lender's Righb(n the Property.I(Borrower fnils to perform thc covenaNa end egrcementa mmeined In -
<br />. - �.yF:'+N'-� I �.,"'_
<br />.�:_i,` � �hiA Securi�y Inawmen4 or therc is a legnl procecding�hat may signi(fcamly a(fm Lender's righ�s In�he Propetty (such es a — _
<br /> `''���` � proceeding in bankrup�cy, pmbaie. for condemnatian or forfefiure or ro enform Imvs or regulotions), then Lender may do end �- - - -
<br /> �i, - ,�....
<br /> - s� pay for whalever is neccssary to proiat �he value of Um Propeny nnd Lender's rtghts in the Propcny. Lender'a acqo�u nwy �" �`
<br /> ' -is -' � imlude paying eny sunu secured by a lien �vhich has ptiority over dila Sewriiy i:smmem, appearing In mun, paying .,-� ,_ _',�
<br /> -� x rcesonablc e�tomeys' foes aud rnttdng on tht Propeny m make repairs. Al�hough L:r'M.:ap WAt ac6on undcr Ihis parugraph ���� __ �
<br /> r . •.' 7.Lcndcr das noi havc�o do w. t _
<br /> ,_y:„`, Any nmoi:�� disbursed by Lcndcr undcr ihis pamgr�ph 7 shall bttnmc addidonal dcbt of I3ortower secured 6y this �:;. _._ p,__-u,
<br /> r _ Securfly Instrum:m. Uniess Qortue�er and Lender agr�e m other�emu o� poyment, �heu xmoums shall bear imerest Irom Ihr , �
<br /> date of disbwscmcm o� thc No�c ratc and shall bc payable, with interesl, upon no�icc frnm lcndcr�o f3ortowcr rzques�ing �� � ��
<br /> �._'r.- Payment. � j +
<br /> �� -1 � 8.llforlgage[nsuranrn. If Lender requind mongage iasuranm ac a mndi�ian of mxAin}�he loan secureJ by�nn Sewrity _' "� ��-
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<br /> . }-, Incuvmen�, Qortoa•er shall pay �he premiwnc rcquired io maimain the mongage insura�err in c:'.ect. If, for eny rcasnn, �he •- �_-
<br /> ��+- - mnngage insurence rnveraot requircd by Le`d:r lapses or ceaces�o be in effe.�. 6orrowe��hall p�� �t.e prcmimns required�o -;'� , �� ,-
<br /> ;l� � -_� oMain mverege subs�amixlly ��piiiaient�o tlic mongage insuranm previously in effnt,at a cou w6s�amially equivalem m the Stt�t °+::;'
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<br /> + ms� �o Oorrower af Ihe mnr�::te insurance previau.ly in effec�, froin an ai�ema�c mm�gage insurcr apprm•ed by Lender. If r<� 5��
<br /> • suh�asiially equi��alem mungage inwranm im�erage ix not available. F3arrm��er shall pay�o I.endcr each momh a sum equal to
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<br />. '.;.,;,,, oncao�ciflh of�hr}rarip mongagc insurancc prcmium 6cing paid by� Rorro�ccr whcn thc inwrancc cuvcr�gc lapscd nr ccased tn '-'�'�� "� �v'�'��
<br /> �,:yl� bc in et(ce�.Lem�r will acccpt,usc and rc�ain�hcsc paymeNV as a Inc. resrnr in licu of mottgagc insuran.ti. Iwns reservc �+.. �'�:
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