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<br /> ` pqz�dy ti�t.(�eader neqvires. 71�e iesurancecs�rier pmviding the iasurame'shail De ct�osen hy Bartower su�6jesq ta Ltnder's '
<br /> . approvoi whkh sh�tl aot be�en�eawnabiy withheld. !f Bortawer fails ta maimain covewge d�scridcd above.Lendor may.at
<br /> Leadcrs opdon.oMain cove�ug€to protecs Lendes's righcs in d�e Pmpeny in accordanre with paragrap6 7:
<br /> — � Alt insuraace potic'ses and ienewaLs sh�ll be accepta6le to Leader and shall include a st�dard mortg�clause. La�der
<br /> - = _ sdaU have the ri�ht to hold tht polteies anct ienewals. If Lender cequites.Bormw�er sl�all ptompdy give to Lender alI r�eipts
<br /> - of paid premiums and cenewal noaoes. In the event of toss.Barmwer shall give prompt notice to tbe.insuranct caaier and
<br /> - — Lender. Lendes may make proof of toss if cwt made pramgdy by Borrower. .
<br /> — Unless L.enQer and Bortnwer otheruKise agcee in writing,insuiance procceds sttall tre appfied to restoratio�or repair of
<br /> - � the ptoperty damnged. if tlie reswration ar repair is econamicatiy ffasibie and Lendt�seeurity is not ltssc�ud. f�dye
<br /> cestoration ar tepair is not economicalty feasi"Dte or Lendet's sesurity wouid be 1�ssened,the insurarx�proce�ds sf�a11 bo
<br /> �;�;: applied co the sums secuzed by tltis Securiry Insvumen�wheiher ar nat then due.with aay exoess pal� to Barrower. If.
<br /> Earrower abandons the P�vperty.ot does not answer within 30 days a norice from Lender that the insata�tc�carrIer tia9
<br /> - nffeaed to settle a cl"aim.then Lxnder may coItect the insurance praceeds. i.ender may use the proceeds ta repair ar restont
<br />� tIta E�?apeity.or to pay.sums secured 6y this Secutiry It�strument,whether or rs�then duc. Tf�e 30-day period witl beg�n when
<br /> the natice is given.
<br /> Unless Lcader�d Bmsawer otherwise agree irt writing.ar►y application of proceeds to principat sMall not extend or
<br /> pos�tpone the due dat�of�he monttily payments r�ferred to in paragaphs 1 apd 2 or chan�e the amount uf the payments. If
<br /> : under pazagraph 2i dr�Pinperty is acquired by Lender,Borrower's right to ar�y insur.uice poiicies and proceeds rest�Iang
<br /> � ��}� from damage W tTie Fmpeny pnor to the acquisition shaD pass m Lender tn the extent of the sums secured by this Sec�rity
<br /> - Irtsttvutent,immediaoeEy prior to the acyuisition. '
<br /> G. O�capam�S, 4reservatio», Mainteaance aad Protection of the'Property. Borro�res's La�n Applicallon;
<br /> •;;:;!.; I.wsehoWs Barca�cer shall occupy,establisb„and use the Praperty as Borrnwer's principal residence within sixty days after
<br />-,_''�s:�('', the execution of t�us Securiry Instrument and si�U continue to accupy the Pmperty as Borrower's principa!�esidence for at
<br /> `'-`•" teast one year aflrr the date of occupancy. uniess i.ertder otherwise a�iees in wririn�, which consent shail noi be
<br />= ,. Y umersEaqably witi�6etd.or unless estenuating«rewnsiances ezist which aze beyand$orrow-�er's cantnnl. Borrower shall not
<br /> ' ¢�r�iy_damage or impair the�ze�ty,alto�r che Prnperty i�i:ii+r�e:iorate,or commit���x�en the Property. Brnmwer shall _
<br /> . .6e in d�fautt if aay Porfeitat���or Qea�i�g.wlte�ser��=iJ:er cr:mfnal,_irs�vr�i;:it_��i.ertder's gaod fa�,�c��uent
<br /> � �;. , : ceuld result in farf�iture�of the Ptogert�er..r�ifnr�:se raai.�.�.iq ua�atr ii's�:�Ce�.-�:��:try this�m2y Incaiimem or • _- --
<br /> .�'�;• ; l.ender's security us�ri:sL Burma�er euap aue:�di:�default a,�sd reinst.t���,ts^4;���a�.�.i��,i"sar;causing the action -T ---
<br /> -'�y � ' ot p�aCeedulg tQ be di�i55e�wt`d1:i�ul't��1ti�,iPt,$:e�tdec's good faiih E'��'=^ss�,.[y7x'}.�'i:is f�1u%�f lhe Bo�IUwer s .,. .
<br /> 4..��'�' E � interest in the�aty or adter�terisff,r��,�-�x�ent o f t t te lien e c e a t e d��t�is Seair.i:Y,t cs:n:n�;ilr Leader�securi ry =
<br />.-,:«-,,, �;f�; �, . interest. Barrawe�shali als� fx in degaa(L x�3��wer ducing tt1e.tc�.�i.,2pplicatien.�r�ees's:�.� materially fai�e or ��
<br /> �� :.:. � '.�`�� • � - inaccarat��rfemr.afno or szaterstears ro I.e�derfar.4a:�e�ta�vi�e Leruis�;uirif s�ny material infm�r�iv��ue cormection with —
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<br /> ,::.ti�.r;�• . y....l.: the toan evide�f izy the Note, including.tiut nct titnite���. �sre�n�:�li�ns canceming Barroa����ccupancy of the �—:_-
<br />'�">`,,,:''; '` �:�`'`: Yte�rp�r�as x{t�sti�apui residence. If this Secvrcty Instrum����e�s a tea�IiuTei,Banower shall complg�:ii�t all the pravisions �.�•==:��.
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<br /> • r� afdYZ iease. If Ennnwcr acquires fee titte to the Property,die xeasehold and[he fee titte shAll nat merge unless Lender agrees ��_�_
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<br /> `� ta the mcrger in wr►ting. ''"�-
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<br /> '-"+� _�•, 7.. Protection ot l.endee's Rigbts in the Pcapecty. If Borrower fails to perform the covenanGS artd agreemenes :,��� •
<br /> .�.;�-., -� . cantnined in this Security l�.si�umeac.ar�here is a te�l proceedin�e that may significanNy affect Lernders rights in the �'°,��•_.=_
<br /> '�"i r_v_ , Prope»y(such as a pmceeding in bankruptcy,pratr.►te,fnr condemnatian ar farfeiture orto e�farce taw�+�r regulatian�).then �•�;�'��;F��
<br /> �� ,�' � A=�z ' �y Lender may do and pay for whatever i� neces,ary to protect the value of the Property and Lender+rights in the Property. � � --��
<br /> -- � � l.ender's actians may include paying any tium��ecured by a lien which hac priarity aver�hi�:Security Instrumenl,appearing
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<br /> . s� - ,' '="�� �' in caurt,payin�reasonable�uomeys'fecs and cntering on the Propertv to make repain. Althaugb l.ender may take actian � r •--
<br /> �-��=� ,, uader thiw paragraph 7.lxnder daec oat have to do,o. . . _
<br /> � `�` ..h:� Any amounxy di�hurced by Lender under thi�paragraph 7 tihail become additianal deM��[I3arrou•er�,ecured by�his � ;
<br /> . • Security Irtsirument. Unlcsc Borrower and LenAer agree to other tem�ti af payment,the,c amauntx shall bear intere+t fr�m the ' �
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<br /> ••�,-. date of disbutsemam at the Note ratc und+hulbbe payahl�,with intcrctit.upan nnticc fram l.en�ler to Bnsrower requcsting ;,. �:...�;;•�:.;,p;
<br />, • r Y sx�� payment.
<br /> � � r��. '• 8: Mort�ge Insorance. If Lcndct requiried man�gc insurance as a canditi«n crf ms�king the loan secured isy this
<br /> �- �•�''�"�. 9ecuriry Tnstniment,Borrawvr�s�tall pay the pmmiumr:r�equired ro mAintain thc martgnge inr�urancr in effect. If far any •
<br /> " t;`•�.','•-�';.,.:.. -.' reasan, the mortgage iacumnce caverage rcyui�ed by [xader lapses or ccase4 to he in effect. Barcower shalt�p�►y �he � �•r� %� ; -.
<br /> . . • premiums required ln nbtain cmerage st16�t�onaulty equivalent to the mortgage inaur�n�e p�eviuusly in effect, at a cast ''�� `�"�-
<br /> . ' `�� � . substantially eyuivalent to the co«to Borro:ver.3f ahe�ort�age insurance previouvly in effect.fron�e ar.atteatate martgage ' ��
<br /> • � � � insurer appraved by Lendcr. If su(a��antia!lye�ei�alent rtorgage in�urancc a�verabe is Rcc::sai�:�i,:e.��rr•ati►er t6�at6�ay to ••'�'��'���
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<br /> � - �'�� " l.eader each montb a sum equal tm o:��-twrlftn,of the yrad4 marlgage isisuranre premiurx I�ei;.;pai��y Bcyrrouec�t+.ei.'��he � •}�;. �a�;,.,
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<br /> .��,,.�,�;, , .. • insurance cover��e lapsed ar ceased ty be in effect. Lcnder a il0 acccpt.u+e.�nd rc�ain ttic+�psy ments a.�a tos�re.�:.���rr�lieu ,;��F;';�;:;.- _
<br />• �-'1 •. �•� •..= "'.• . ai mortgagc insurance. L.os�re+en�e payme^�r�may no longer tx reyuic�d:at the option of Lender,e;mortgage inrurance , � -
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<br /> ,� eoverage(in the ar,�aunt und for the period ih:�t Lender requiceti)providrd ta y an in�urec a p prc�ved by[.ender Again t�erame�. �� ',`, �,• ` .
<br />' � "� �•''"�� 8 v S 77 CG�t e a n d i s�'.�s a i r t e d.H o r r o a�e r s h u ll p a y t h c p r c m i u m ti r�y u i r e d t a m,►i n 1a i m m�r t g a�e i n.u r a n c e i n e f f e c t,o r t o pr�v i d c n , ' .
<br /> ' � ' �' � "�' foss ueserve,until the requiremLn[far mvngage intiurance eads in accardance with�ny�ti�rittcn a�recment between Bottowe: ,�, .:r�•':,.: �'
<br /> .. :'� ,• 'J'' . at�d Lendcr ur applicnblc I�w. ::.��,': .
<br /> 9. Inspection. Lender��r its agent may makc rcas�mablc cntriey up�m and in�pcctiun�uf tt�c Pcopery. Lender�hall
<br /> . . givc Bannwer natice su the time of or prinr to s�n inspeclian spe;cit'ying rea�unahfe caurc fvr thc in�.pectio!�. ,
<br /> � , lU ('ondemnatlon. The prexeed���f any:�ward or claim for damagr�.direct��r cnn�eyuentiat,in connection with�my�
<br /> Singlc P:oaily..1'annle Hae/Freddir�tuc I�ili'11RN 1\5'fRl'�1kV'f -1'nifc�rm Cuscn:mlv 919p �put�,t n(I.1�n,tu � .�
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