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_ __ , , <br /> -- - ,�r.___ T . . --_ <br /> ,�,�,.� _ <br /> �.. y . , . . . . <br /> . g3-' �ax�s <br /> , .p.Iiwid oe PropntyInrm�ccs. bnrroMer �Aill .Icap �Ae Improvenxnu raw e�is��n8 or hercafter ereqcd on tho <br /> Prqpeny insurqd.pg�inst los�6y fir0..h¢zards IncluAed�vittdn tho«mi 'oxlended coveraBe"aM any aher huude,Including <br /> ' 8iwde or Qoqding,for whlch I�ender requircs Insurence.Thls insurnnce sh�ll bo malntalned in�ho enwuma end for tM pedodF <br /> that Lendcr tequfros.TAe Insumnro rardcr pmviding�ho Insuronco shall tx chosen by I3orrower subJat�o Lendcr'e epprov�l <br /> which sh?II nol be unreasonably wlihheld, if Bottowcr talta�o nu�intain mveraga describcd above, Lendcr may, a�I,cnder's <br /> option,obiain coverago�o prc�oct Lender'e dght�In tho Propeny in att+oNenro with pazngmph 7. <br /> All Insumna policies and renewats shall bo aoocpiabto to l,cnder nM sAall Includo a standard mortgaga clauu. Lcrder <br /> —„ <br /> shall have�he dght to hold the policirs enA renexyls.lf l.endcr requim.Borcower shal l promptty glve m-i.endcr ell reccips of <br /> paid prcmiums ervJ ronewal nodaa.in�he evem of bu,Onrrower sh�ll give prompt noHce a�hc insurancr earricr a er. � ., -.--,.,-.—,- <br /> ' I.ender may make proof of loss It no�m�de promptly by Barcower. <br /> - Unless l.ender and Bortowcr othcrwim ugra in wdting,insumnce proomds shall bc appllal�o res�oreqon or rcpalr ot tho <br /> Propeny danuged,if d�e resmretian or repairls aonomically kasibtoend I.cnAer's ucurt�y ie no�Icssencd.If�he rcs�oration or, <br /> repair B not aronomlcally feasible or I.ender's emidry would be launed,�ha Insumnco promtte shall bo applied ro tho wm�- <br /> : securcd by this Sen�dry Inauunxnt, whGher or not lhen due, with any exxse paid to lionower. ff Borrower abaMons�ho <br /> ---. Pmperty,or das not enswa withfn 30 days a noNca from Lender�hat the insur�nce carrler has otfend to senlo e elalm,then <br /> Lender may rnllect tho insuranco procccds. I.ender may uu iho proceede to rcpair or resiore the Propeny or to pay sums <br /> seeurcd by thia Saudty Instmmtnt,wltether or not then duo.7'hc 30-day pedod will begin�vhen�he no�ice Is given. <br /> Unless Lender ond Dortower mherviise ngree in wdtlng, any epplication of proccsds to prindpal shall not extend or <br /> postpom iho duo date of tde monthly paymems rcferrcd to in paregraphs 1 and 2 or change�hc amount of�ho paymenu. If <br /> u¢der pazngraph 21 tho Propeny b acquircd by Lender,Borrower's dght ro eny inw�ance policics end praa�ds re¢ulling from <br /> __� J:unage m the Property pdor�o the aoquisition shall pase to Lender to�he extent of tha sum+securod by�his Secudty Tmuunxn� c___. <br /> immcdietei�pdor to the acquisition. <br /> 6�Occupancy,Pnservallon,�falntenacee ond Prolectian of the P�nperlyt 8orrox�er's la9n Appllcalloo=Lenuhold.� <br /> liortower shall occapy,es�ebliah,end use the Propeny n�6orrowcr's principal�esidence within sia�y days afler Ihe executlon of <br /> �hle Secudty Insuument and stuJl wntinue to aavpy the Propeny m 6ortoxer's prindpal raidenee Por et Iwst one year eRer __. <br /> —_ �he daie of occupancy,unle.ss Lender mhenvise egrecs In wriiing, which wnsent sAall not be unreasonably wi�hheld,or unless =_ <br />,—�`' extenuating efrcumsiances esist which ara beyond Dortower's mmrol. Dorrower shall not destroy, damage or Impair �ho <br /> -•��M��� Propeny, allow the Propeny to deteriamto, or mmmit wnsie on �he Property. Uorrowcr shall be in dcfe�di if eny foddwrc <br />-:�9�.,�`au� ection or prow�eding,whether civil or criminal,is begun ihat in Lender's good faith judgment muid rcsuh in forfeimre of�ho <br /> �JY-iDL—"' Property or othenviso materinlly Impair the Iicn created by this Sceurity Insuument or Lender'a aecurity imercst.Bortower may <br />-�+.v°�;� nire such n default end rcins�ate,es providcd in paregmph I8,6y causing�he ecUon or procteding�o be dismissecl xi�h e mling _ <br /> -+�7� tl�nt, ln I.e:nder s good tnith dUC�minatlon, prttludes farfclwrc of�ho Borrower's iNCrcst in the Propcny or other material _ <br /> t��;,� Impa(iment of the lien crea�M by�Itis Secudry Instrument or Lentier's securi�y imera�. Borrower shail uiso be in Jeiuu�i if ___ --�� - <br /> �t' 13orrower,during�he loan epplication process,gave malcrlally fals:or innavmtc Infomiatlon or statemems ro Lendcr(or(eilal <br />"'>_��fi'; lo provido LenAer with eny matedal InformatioN Im m�nec�ion with the loan evidenced by ihe Note, including,bm not Ilmlted _ ____ _ <br /> !7-.��'t, to,rcp�aeNa�fons rnnceming Dorrower�occupancy of�he Propeny as n princip�l residenm. If�Ms Saurity Instrwnenl Is on n �:�_ <br /> '7 Ieasehotd, Ilorro�cer shall comply with ell the provisions of 1he lease. If Bortome� acquires fce Iiile to the Propeny, the �+�°'�? �- <br /> S� r��� <br /> „ S�. leasehold and Ihe q`:�fdo shnll not mergc unlcss Lender agrces�o�he metger in�vri�ing. . <br /> -K;��'�? 7.Nntectfon ot Lendcr'e Rlghts in ihc Property.If Dortowcr fails to perfami�hc rnvenams end agreements mntaincd In ,� ' s `: ��.7C�'S+��' <br /> -.'����'} �hls Stturiry Insltumen4 or therc is n legnl protteding�hat may significandy affca I.endei s righ�c in�he Propcny(such as a �...::. ?,�},;�,;��,._` <br />��`-'-�3.:� ractedin In bankm tc mbate,for rondemnatton or for(ei�ure or m enforce laws or rc ula�fons), t6en Lender nw� do end ' •� <br /> P S P Y. P 8 Y ;,.,,�r'U':'�;:,;:�� <br /> :.�i '(�., pay for rvhatever is naessury lo protai lhe value of tl�e Property nnd Lender's rights in thc Propcny. Lender's octtons may v •�- y ' --� <br /> -'�` '��� includo paying any aums securcd 6y a licn ���hich hac priority ovcr �his Sccurity Inswmcm, nppcaring in rnun, paying �'< �- _- <br /> "�`�� reaso�ublc mmmeys'fecs and emering on�hc Pmpcny�o make rcp�irs. Al�huugh Lendcr may inkc nc�ian undcr this pangnph � ��;`..i , '��;'. <br /> ��y'_ 7,Lender daes nm have tu Ju so. ' "' � � '�?�; <br /> --s y' Any amoums disbnrsed by 4ender under�his paragmph 7 shall bemme nddi�imul debt of Dorro�cer secured by �his ����� ,�ti� �. <br /> - - Securit Insuumem. UNe.ss Dorro�ver end Lender a ree tn o�her temxa of inem,�hese emoums shall bear imeresi (rom�he � f i � lt� '. <br /> {�" dnte o(disbursemem at �he Notc rate and shall be paya6lc, wiih intcrcxiu pon noiice irom Lender to 6orro�ver rcquating i�'25��i�_�° �'���1� „�� <br /> �}��} r.t" paymcm. � �_ a� , fr)��..: <br /> �- ��{ 9.MortFngr I��curanee.If Lender requircd mons�e in�umnce uc a mnJi�ion of making�he Inan xcured by�hi�Stturiry i ,`, f�Y � <br /> �-t - Insuument, �orrower shall pay the preiniums rcquimd tn nniulain Ihe mongage insurance in effect. If, for any rcazon, �he �'� {, i„: ' - <br /> �a - mongage insumnce rnver.igc rcquired by Lcndcr inpscs or ce.+u+ �o M in effecL Oorro�ecr.hall{uy �hc prcmiunu required io - _: r ' <br /> ..,4•` o6tain mverege subs�amially equivalent m the nwngage inwrance prcviomly in effecL at a ms�mbs�amially equivalenl lo Ihe ! f���,.,,,d . <br /> mst �0 6onawer of�he mangage inwrance previomly in ef�at. from nn alterna�c mnngage in�urer approced by Lendee I( <br />���?-✓,�."�, subs�amially equivalent mongage inwrance rnrerage i.nnt arailable,lSnrro�eer�hall pa��to LenJrr each momh:�sum equal to . , <br /> _ _._�;�.1. one-�xeifih of�he yearly mongage inxur:ince pr.mium Ming paid b��Onrrm�er �rhen�he in,urance corerage lapsed or ceaced to _ .,�.- . � - <br /> bc in effccL LcndCr x'ill ncnpL usc anJ rclain lhoc paymenl�a� n locc rexn�c in iicu nf monFagc insuran.r. Lois rcxn•e <br /> . 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