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<br /> - � perfads thAt l.ende�rtquires. The Insumnce cuRier provlding the inaurance shall be chosen by Burrower xubject ta l.onder x
<br /> —_• approva!which:hall not be unreasa►ably withheld. If Borrower fAils to mointeln cuvemge dexcrlbed above.l.er�:r moy,ut
<br /> �` -_- Lxnder's option,obtain coverugc to protect i.enderk righl.r in Ua Piu�c�ty in a��u�d�u��c w(16 Nui,+graph 7. �
<br /> = All insurwice policicw and nsnrwals rha��be ucceptable to Lender and shull i�irlude n Ftnndard mortgege clauxe. Lender
<br /> �� shall t�ave th�right to hold the policies and renewolx. If L.ender requires,Barrower shull pramp�ly givc to L.end�r aU receipts
<br /> . of paid pr+emiums und renewai naic�s. In Ihe evem of lass,Bo�rower whall give prampt notice ta the insuronce curier and
<br /> l.ender. L.ender may make proof of loss if not mude promplly by Borrower.
<br /> � ' _= Unless Lxnder and Barrower athenvi�se ngrce in wriung. insur+uice pruceed�tihall tx:upplicd ta restorution or rcpuir ol'
<br /> - --, the Propeny demaged. if the restaration or repuir is econumicully feavi6le und I.enderw security is nat lessened. If�he
<br /> = � restoration or rcpuir is not econamicnlly feasible ar L.enderi� xecudry wauld be les.ened, the iasurunce prareeds sbull be
<br /> !°"__ applied to the sums secured by this Security Inxtrument,whelher or not then due,with any excess paid ta Borrower. If
<br /> ---�� Borcower abandons the PropeAy,or dces not nnswer within 30 dnya n natice Pmm Lender lhat the inxurunce curcfer has
<br /> -°-o�•'" offered to seqle a cluim,then Lender muy collect the insurunce praceedw. Lender muy use the pruceedg to repuir ur regtore
<br /> ____ � �'�?�r_� the PropeRy ar to pay sums secured by this Secu�lty Innuument,whether or nat�hen due. The 30-duy pedod will begin when
<br /> "'��'��,'� the notice is given.
<br /> --- ---y°__,�.,=:� Unlcss Lendcr und Horrowcr otherwise agree in writing,uny upplication of proceed� to princi�nl shall not extend or
<br /> ����;,,.. postpone the due date of the monthly payments referred to in puragraphs I nnd 2 or change the nmount of the paymenls. If
<br /> - �:�.��� under puragrnph 21 the Property is acquired by Lender, Bo�TOwer's right to�ny insurn�ce policies und praceedx resulting
<br /> °-"'�"'=-�'� from damage ro the Praperty prior to the acquisrtion shull pexs to Lender to�he extent af the xumw recured by Ihis Securiry
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<br /> - Ins�rument immediately pdor ta Ihe acquisition.
<br /> -��-���=�"� 6. Occapwncy, Preservation, Maintenance and Protecdon of the Pr�pe�ty; Borrower's l.oan Application;
<br /> —�- -- - �*'�•='� Leaseholds. Borcower shall accupy,eatahlish,nnd use the Propeny s�s BorrowerS princlpnl residence within sixty duys after
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<br /> _---• _,-.;,,,.;, ~' the execution of chis Security Instrument und shull continue to«:cupy�he Property u�Borrower�principul r�sidenre tor ut
<br /> �"'=.-fq�* least one yesu ufter the date of occupancy, unless Lender otherwixe agrees in writfng, which conhent shall not be
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<br /> �`::�c?'"�i`' unreasonably withheld,or unle�s extenuating circumstunces exixt which ure heyond Barrower's canuol. Borcuwer+hul not
<br /> ;�.Q��yn• • de4troy.damage or impair�hc Property,ullow the Property to deteriorn�e,or commit wuxtc on thc Property. Bon•owcr shull
<br /> _. ,�...��,:'. 62 in default if any forFei�ure aclion or prceeeding,whether civil or criminal,ia begun thut in Lender's gaod fuith judgment
<br /> - �+ could result in forfeiture of the Property or atherwise materially impuir the lien created by this Security In.r•trument or
<br /> �',•"t,;�.�,'��.. Lender's r�ecurity interest. Borrower may cure wuch a default ond reinstate,us provided in parugruph 18,by cuutiing the uction
<br /> `----- or praceeding to be dismissed with u ruling that,in Lender's good faith determinution,precludes forfeiwre of the Borrower z
<br /> --�~°_-�i, interext in the Property or other materinl impaimien�of the lien creuted by Ihis Securiry In�trument or Lender's security
<br /> �• --:�"� ' interest. Bortower shall also be in defuult if Borrower. during the lonn upplicution procesr, guve muteriully false or
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<br /> �, � inuccurote infomtA�ion or sts�tements to Lender(or fuiled to provide l.enJer wi�h uny moteriul inFormn�ion)in counection wi�h
<br /> '!'�����v.:.� the lo�n evidenced by the Note, including, but not limited �o, representutionx concernin� Borrowerz occupuncy of the
<br /> - - --_�.-= P��ryrCRy d.+a principal r¢sidcncc. IF ihi.^,Sccurity lnstrument is nn a leatichnld.B��rmu+er.hal l comply with nll the provisionti
<br /> - _ �i ��r^'`�,yfr. of lhe leuse. If Borrower ucyuireti fee titic to thc Pmperty,thc les�schold und the Pee title.hall not mergc unless Lender ugrce�c
<br /> ::=��.k 4 a�-.a� : to the merger in writing.
<br /> °�-��"�� ` ° '`�'`�` 7. Protectlon oP I.ender's Rlghts In the Property. If Barrower fuils to perf'omi thr covenunts und ugrcemen�s
<br /> '::_.'..-�'�"�� '� -'h:� p'�. contained in ihi+ Security Inx�rument, or�here ix u legal pr�x:ceding �hut muy signdicnnNy uifec� Lender's rights in �hc
<br /> '?� °� '• � � - Property(such as u proceeding in bunkruptcy.prabute.for condemnution or forfeiture or to enforcc luwx or regulutiuns),�hen
<br />� ''��� ° ,' Lender mn do und u for whutever ix necexxu to rotect the valuc of�hr Pro n und Lendcr's ri hts in the Pro n .
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<br /> �;�T>"°' Lender's uctionx muy include puying suiy sums securcd by a lien which hu�priority over this Securiry Instrument,appeurin�!
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<br /> -'_;;:�"tLL�•��: �,;.- in court,p:►ying rca�anuble uttomcys'fcex•rnd cntering on the Pmpc:rty t��muke repnin.Although Lcnder muy tuke ac�ion
<br /> `':�N���"`'�"'�' �° under this purngruph 7,Lender dacs not huvc to do so.
<br /> -��m� —" �'�' - Any amounts disbuned by Lender under Ihis parugraph 7 shull becomc additional Jebt of Borrower xecurcJ by Ibis
<br /> --°���''�� - -�-� � Security Instrumem. Unlczs Borrowcr•rnJ LcnJrr ugrce to other term.nf pu��mcnt.�hcsc amountti�hul l beur intc�ext fn�m the
<br /> --"'�r�{��� � dute of disbursement ut�hr Nutc rutc und shs�ll t�r payuble,with interc+t,upun nutice fran Lrnder w Burrawer requexting
<br /> puyment.
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<br /> '�: ,�, ;,,, ... S. MurlgaRe Insurunce. If LenJer requireJ mohgu�,e in,uruncr us u conJiiion of making ihr I��an+ecured My�his
<br /> -;`.�-•-�+� ' ;,_.�•.:: Security Instrument, Burrowcr tihull puy �hr premium� rcyuimd to muimuin the mnnguge imurunce in effrr�. If, for uny
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<br /> , ;.�,� "�L: ,�., reation, the mortguge insurancc covcriige rcyuired hy Lcnder lupsc� ur ccuuti �o Ik in rfPcrt. Burtower shull pay lhc
<br /> ;,�,;-� premioms reyuired tu obtuin coveruge �ubstunliully cyuivalent w �he nwrtgugc in+uranre previou�ly in cffect, ut s� co.�
<br /> '�.�•� :+�Imti+;r�."�.:x,,e?,;. sub�tantiully eyuivulen�ta thr rost to Borrowcr�if thc nwn�uge insurunce prrvi�iusly in cl'frct, f'rom an�Itemo�r murt�u�!r
<br />_- -:•• ,;?��:_:.. .a_ . inxurer upproveJ by Lender. If.ub.mntiully cyuivulcm mong•rge in�urwuc covrn�ge i.nut avuilaMe. Bnrrower+hull pay to
<br /> "-��'�°= ;.'.:�,"•�',: •. - Lender each mon�h u sum ryuul to orxr-�wrltih��t thr yrurly mnrtgugc in.ururnr pRmium I+ring paiJ hy I3urrowrr when Ihc =
<br /> :�'ti���i�_ ¢�,,� ,, � , insurunce mvemge lupsed or ccused t�►t►�in etTect. Lcndcr w ill ucccpt,usr nnd rrtain�hcx puynxm.ax a losti rc,crve in lieu
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<br /> Fr��:,. �, of mongnge insurunrc. Lo+x rexcrvr pu��mcntti may no lon�:cr lx rcyuimd. at thr uption��i'LenJcr. if morlgu�.� insurmue
<br /> .t'i�""�t.k,.
<br /> �'i- coverage(in tl�e vmc�unl unJ fo�Ihc�xriixl drrt Lcnder rcyuires►pro�•iikd hy.m imurrr appnrvcd My Lrnder uguin lxconx�
<br />- . � � ..' " uvuiluble and ix o6tained.Bormwrr.h�dl pay the prrmium�rcyuired lo mainlain m�mgugc in.ur�mcr in eff'rcl.ur to provide+�
<br /> , • � `:� " , lasti rescrvc,umil�he requinmrm ti�r nn�ngage insurancr end.in urrorJnnrr wilh am�writtrn t�gicemrnl Ixtwecn liormwer
<br /> • ' und Lrnder urapplirablr law.
<br />, _ 9. Insperthm. Lrndrr ur iu apcnt m:ry m:ikr rea,unuhlc rnUir.upon:md inyxriiun,uf th� 1'rupr�ly. Lrndcr�hull
<br /> ,� - ' give Borrowcr n��tirr ut thc limr uf ur priur la an in+�xrliun�Exril�•�ng rcu,�m:iMr rau.c tix�hc in,�xrtian.
<br /> o ., n 10. Condemnatfon. Thc pnxced��d':my aw•arJ u•rlaim tin�darocigr..dirr�•��n•.•„n,ryucnnal. in conncrticm wi�h uny -
<br /> �� ". , � tifnElr I•annl�..P'unsM NuelFrcddle 11w 1\IFIIR111�ti1'Rl'�1F.X'f•�1 ndn�m('o�eiwuu. Y�vll �p��e�•±n�n�ai.�r.��
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<br />. . � .. fu�hArc�rY bH�M�57�M13J:1 Cl YAA ulli•lflLl l'll
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