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<br /> � e:=�w rr.�er.w.i�..a � �r�kx'P ihe.�maovealed� nor/.CtiMln/ot Mnifllr axlql,�►u� ,:,.
<br /> proppty Inarcd�Gat lou 6y Rro,,huards IncTpded witls(n tl�p serm'extp�ded arrayf'ud iny qMn hwrd�.inct�iq �
<br /> _ �� '.�tood�or t�apdin;,foR which�.t�+der,requirca(nsw�nce:7'hU Inw»nce�hal6e rtalnutuld In�he ldwuetf ud for tlj8.perJ¢Ar
<br /> �• thdt IRrvfeY tequlra,'!'he Imunnce curlttpro vldlna tla libunnce�lull�be chaesn by 6�irrawer wDJat lo Lpder'��pprovd -
<br /> �:'. Which.yMll,na,b,e,unrcaambiy wiihbel�,lt Borrower failrto iruim�ln covrngs deasribtd�bove, IMWer nuy, y Lerder'i ,
<br /> <� optlon,�n covmQa lo proteet[.oMst e righis�n tM l�iopei(y In�cmrduub with piiy{n+ph 7. ,`; '
<br /> All�fnsururce pollcks uKi'rpiewilt�l be kctqwble to.Lerdee and qull Include�spndnM mqHy�ye ciwsn�;l.nMft
<br /> `sliL�lyre the'ii�ie to ho�q tho pulicies�qa renew�la.If t.ender requlrca,9orrower eliill:ptanPllY�Ive Io l.ader�I I.fta(�is of . . ..
<br /> --- pikl jyi:ntinms wd rzriawet notices:in tha ev fint of loss,[lorcoK;r sh�11 giva prompt iwliro to�ha lnwru�a7 carrleeartd Lender: ; . „ -
<br /> Lendet ttiq�m�ke pfonPof lui+i�na m�de promptly by Bortower. ' . • , _� .
<br /> ' Unlai I.enckr wd Aortower oiherniso egreo In wdliny,Insur+nca procade shall be epplitd to raronqon or repNr of the „
<br /> • Propony danuaed,if�Mratom�lon or reprirls Canomlcatiy iwsibleatd Lender'e sa�rhy 1�not lauoed.If theraromi�on.ur.
<br /> ����,{y������y ftasibto or I.enAer'e sawdty would be lesuned,�he insurona prooeeds shell be�pplled to the wm�
<br /> seaiitd by Ihia Secu{iiy Insnumrnt,whdher or not then duo, wlth any.excess qid lo tlorrowsi: If Borrower pbu�doru[he
<br /> PropFny�or doa not enswer wlthln 30 days a notice trom Lender that�ho insuranca carticr hu ottcrcA to actdo a elalm,thfn
<br /> Letder moy collai tho Inwrance prateds. Lender n�ay uso�he procadn a «pilr or rutoro tho PmPSrty or to pAy aum�
<br /> - �. • se4'vnzf by�his Securiry tnstrumem,whqher or not�hen duo.7Le 30•day period will begln.when thn noqco ls given, '
<br /> ' Unless Lender end Bonowcr o�hcnviso egroo In writing, any appllcotion of proceeds•to princ(pat shall not extend or
<br /> posryQno the.dne dato ot�ho inonlUty paymems rpferted to in pamgrephs I and 2 or cbange tho amonnt of the paynrnU. It
<br /> under puagreph 21 tho Property ia acquircd by Lender,Borrower's dght to eny�nsurence poticles wd protteds resuliing from
<br /> dam�ge)o the Property pdor to tha eoguisftlon shall pass to Lender ro�ho extent of tho sums ucurcd by�hia Security Instrument
<br /> imnxdiutcly�pdor�o tbe acquisition.
<br /> 6.Oocup�ncr,[7e;eiyatton,Afxtntenance�nd Protcefion of the Propertyl�rroMer's luan Appticaqoni I.e�srboids.
<br /> Borcower shall oocupy,aWblish,and 6se tho Propcny as Borrower'e principal residenx wtthiu slx�y days aflcr U�c exocutlon ot
<br /> thlf Saudty lnttmment and shall continue to occupy tho Propeny as Borrower'e princ(pa1 residence for at leazt ono year aRer -
<br /> � !he dete of oocupancy,unlas l.ci�der othenviso egrces in wdiing, whlch consent shall not be unrcasonably withhcid,or unics�
<br /> extenualing circumsta�ices cxist which ero bcyond Iiorrower's conVOl. Bortower shal! nol deslroy, damaga or Impair the
<br /> Proputy,-etlow the Property to detedorete, or commil waste on tha Property. Bortoo�er ahnll bo in defeult if any fotkiture
<br /> nclion or proceeding, whUl�er civil or eriminal, Is Uegun tltat In Lender's goad feith judgment could result In forfcllure of Ihe
<br /> Property or othe�wiso malerlelly impalr tho Iien crp�ed by thB Secudty lashument or/.ender'e secudty imerest.I3orrower mny
<br /> curo such a deteult Hnd reinstate,es provided tn pa�agraph I B,by causing�he nction or proa�eding to bo dismissed wl�h e�uUng
<br /> �hat, In I.e��dcr's good fahh detemilnation, piccludca Porfcimre o(thc Bortower s Intcrcst in thc Property or othcr material
<br />_ � �-- impiimxnt of Ihc iien createA Oy�th3s Secutlry Insuument or LenGCYS security inurcst. iionower shaii aiso be in ueiault ii ` "" �� -
<br />_ liorrower,dudng thb loan epplicnlion procesa,gnve marerially false or inaccumte infomialinn or a�eiemen�a�o Lender(or falled
<br /> lo provide lender wilh any material informaHon)in rnnneclion wi�h�he loan evidenad Ay th:Note,Including,but hoi limlted
<br /> to,reprcsemetlons rnnmming Oortower's occupancy of�he Propeny as e pdncipal residenm.If thls SecuriTy Inrtiumem-is on e
<br /> leaschold, Dorrowcr shell camply wl�h all the pmvisions o!�hc leaza If aortowcr acqulres fce titic co ihe P�opcny, the
<br /> leaschold and tho(ce Utlo shall not mer�c unicss Lendtr ugrces�o thc mcrgcr In wriUng.
<br /> 7.Protectlon of Lender's R1�B�s In�he Propetly.IP Dorrmver(afls�o perform tl�e rn��a�ams end egrcements contzin;d in -
<br /> �his Sauriry Instmmen4 or there Is a Iegal praceeding�hal may significamly n(lect 1.enAer's righ�s in�ho Properly(such as e ----
<br /> proceeding in bankfuptcy,probata for mndemnatfon or forfeiwrc or�o enforce laxy or regulatiom), �hen Lender n�ay do and =�
<br /> pay Por whatever le necesz�ry ro protect the vaiue of tlic Propeny and Lender's righ�s in�he Propeny. Lender's ecliom may =�_ --
<br />- --= includo paying eny sums secured by e Ilen �vh(ch hat pdoriiy over this Secudty Instrumen4 nppeadng In mun, paying ��`-_=--
<br /> — rcasonable a�tomeya' kes nnd cntering on�he Propeny to makc repalrs.Al�hough Lender may leke nclion under lhis paregmph `-:'�--...
<br />- --�' 7,Lender da:s not have�o do so. �'°• -
<br /> -'"'-'� Any umoun�s diabursed by Lendcr under thfs paragraph 7 s6a11 bcrnnee addi�ional deb� of �orrower securcd by �hla ��'=`� -
<br /> .w;;x,i Sccurity Instrumem. Unlcss Qorrower and Lender agrce�o a�hcr�crms of paymem,thex umoums sitvll bear inmres�from ihe fv _`.
<br /> Y.� da�e of disburumem at �hc No�e rate end shnli 6t payabtc, wi�B imcrcsi, upon no�ia: (rom Lendcr to Borrmver requesttng � �."
<br /> � paynxnt. � � `-
<br /> -;� 8.fllortgege Inswanee.If Lender requircd mongage insumnce os a condi�ion of making Ihe loan secured by thts Sceurity � _
<br /> histrumenl, 6aao���er shall pay �he prcmiunu rcquired �a maimain the mongage insumnce in e(fat. I(, for any rcason, the
<br />" ---- mongage Insurance mver�ge required by Lender lapses or ceases�o be in e(fec6 �arrower shall pay the premiums rcquireA lo '���:°�.
<br /> obtain mverage subs�antialiy equivalem io�he mongage insurence pmriously in ef(ec6 m a ms�subs�antiaily equivalent to the �i�„,• �-..
<br /> mst ro Dorrowcr of Ihc nwngagc insurancc previously in cffttl, from an altcmalc mnn@uge insurcr approvcd by l.ender. If
<br />-� - subswntially equivalent mongage insuranm mverage is no�available.Omro�eer shall pay to I.ender each month a sum equal to -
<br /> ��?, one-t�veiflh af�he yearly mongage insumnce prcmimn bcing paid by 6nrrmver when�he insuranm m��crage Inpud or ceased to ;y���,�����
<br /> " be in efkct.Lender will nccep�,use anA rciain these paymems ae a lozs rc�en�e in lieu of mongage insunnce. Loss reserve
<br /> Porm 3038 BI80
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