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<br /> � periods that Lender requin�. The ineurmce cartier provfding the inaurance rh�ll be cho�a�by Borruwer abj�ct to L.eixlerl�
<br /> �p�raval whkh�lull not be unrcasa�bly wilhheld. If Bamwer Fi+Ur to main�aln rnver��o descdbed rbove.LcrKler m+�y.u
<br /> - Lenderb opdon.dx�in cavaraya to pivtxt Lender�►tighw!n�he Ii+o�eny in�ccad�ncc with posgraph 7.
<br /> All inwra�xe paliaiea and rcnewd�slwll be�cxeptAblo tu Lende,�snd rhall includc a wnd��d mort��e clau�e. Lender
<br /> �hall have the right to hald the policles and rcnewAls. If Lcnder roqulrca,Borrower xtWl prompiy�ive co Lcnder dl roceipla
<br /> of p�id premiums w�d rcnewal notlae. In tha even�of loss,Botrower shall�ive prompt tatice to Ihe L�wranoe carrkr�ud
<br /> L,eader. Lender m�y moko proof of loss if not m�de promptly by Bortnwer.
<br /> Unless l.ender and Borrawer othcrwir,e egree in wdting,insurance s Rh�ll be�ppliai to rouoration or ropair of
<br /> ' tMs Prc►pcny damaged, if�he Rxtoretion or repair is ecanomically feas ble and Lenderb secu�ity is not Ieasened. If thc
<br /> restoration w�epair is not ecananically feasible or Lenderk�curity would be les.sened,�he insurance procads eh�ll be
<br /> applied to the aums secuned by this Secudty Instn�menb whether or nd then due. with any excexs paid ta Borrawer. If
<br /> Borrower abandons the Properry. or daea not answer wlthin 3tl days n natice from Lendcr that the insurance curier has
<br /> offered�o reule o clAim,d►en l.ender mny collect the insuri+nce pmce�ds. L.ender may use�he proceed9 to�epair or rcsta�e
<br /> the Ptoperty or to puy cuma r�ecured by this Securlty InRwment,whether or not lhen duo. 7Ue 30-day pe�iod wili begin when
<br /> �he notice ia given.
<br /> Unlesg l.ender and Bornrwer othenvise ogree in writing,any application of procoeds to principol shall not extend or
<br /> postpone ihe due dute of the manthly payments refcmed to in p�ragtnpha 1 und 2 or change Ihe emount of the payr,xnt�. If
<br /> under parugroph 21 the Propetty is acquircd by Lender,Bamow•erk rigM to any insu�ce policie�wid p�oceeds resulting
<br /> from dnmuge to the Prr►petty{xior�o thc acquisi�ion shall pacs to l.ender to the ex�em of ttie sums recurod by thia Security
<br /> InatNment immediutely prior to�he acquiaition.
<br /> 6. (kcupaacy. Prese�tion� MWntenance and Protection ot the Propeny; Borrower•s L,o�a AppUcAtioa;
<br /> I.easeholds. Borrower shall accupy,es�ablish,und ase the Property av Borrower�principAl regidence within sixiy days After
<br /> s�:{•..• �he execution of Ihis ScYUrit Inqtrument nnd Sholt croruiaue to accu the Pro uv Burcuwer� rincf �1 rzsidence far at
<br /> .i�.� • r ,,� y PY P►"�Y P !�
<br /> �'`<'> >�, leuxl one year after thr dnte of occupancy, unless Lender otherwise agrees In wridng. which consent shall not 6e
<br /> '" � .„�, .,.,,,;, � unreawnubly withheld,vr unless extenuating circumstunces exist which nne beyand Bomuwerk conuol. Borrower shall no1
<br /> � destroy,dumage ar im�x►ir Ihe Property,allow ihc Property to dcteriaute,or commit wa,ic an Ihe Propehy. Bormwer shall
<br /> �` 'l�t�Z be in defuult if uny fcwieiture nction ar praceeding,whe�her civil o�criminal,is beRun Ihut in Lender?e good fuith judgment
<br /> - r;��'��` could result in farfeiturc af the Propeny or othenvise muterially impair �he lien rreuted by �his Security I�strument or
<br /> .'.t;.:•�.�,.;; .
<br /> �;�'�y;.�� �.:', i„�_. . Lender+securlty inte��•t. Bort�awer muy cure xuch u default und rcinslute,a�provided in paruginph I H,by causin�the uction
<br /> 3.�•., +%-°r ar proceeding to be dixmirred with u nding�hu�,in Lender;�,�od foith dMCrminution,precludes farFeiture of the Borroweri:
<br /> ,�_ y.. ,�,;,._�,_, �.,
<br /> . �;;,;�., ;,.+„ interest in �he Propeny or other muterial impoirtnent c�i the lien creuted by �hi�Security InstrurneM or l.ender��ecuriry
<br /> .)�` . ,ti,,-, . .
<br /> ..y,y_�;:�„t.:" intcrcst. Burrower �hull ulso be in default ii' Botrower, during �he luun applica�ion procey�, gave m�terinlly fulxe or
<br /> "'� ' innecuratc informu�ion or+�utements�u i.rnder lor fail�d lo provide Lender wi�h uny material infarmation)ln cunnection with
<br /> 't;��'-�=�"'` �"� " �he laan evidenced by Ihe Note, includinR, but nat limited to, rcpresentutions mncerning 8orrowerk accupancy of the
<br /> . •:�a, -_.:- . , ...,. '
<br /> _ °�'�• • ••�-:�`�•= ProQerty u�u principul Rtiidence. If Ibiz Security lnstrument is on u Icu�ehold,B�xn�wer shull comply with all the provi.r•ionR
<br /> �•,',. • � � of the Icurr. If Bormwcr acyuire.i'ee tide to the Pn�pony.the leaeehold und the fee title xhall not merge unle�s Lemler ugreea
<br /> ;�� ;,�. . .� • . lo the mergcr in writing.
<br /> ��' � • � ' � 7. Pratection oP l.ender's Ri�htg In the Pruperty IF Hurrawer tuil� io perfomi the covenuntti und agreemantti
<br /> '��•�i��,...�� ,+:�t;.���.�, c�inwined in tbi� Sccurity Im�rument, or Ihcrt i. u Icuul prrx:crding thut muy sign►f►cuntly uffect Lenderk rightx in the
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<br /> `� `� • • Propeny Ixuch La u pnx��•ciing in hunkruptcy.�r��nu��.tiir condcmnulion or forfciture nr to enforee laws or regulutionsl,lhen
<br /> "•����" `•�� , l.cndcr muy do•rnJ pny tiir whulcvcr i.nccc+sary to prot�ct ihr vulur uP the F'�oFcr1}'and Lcndcr+rights in the Properly.
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<br /> � �, ' �'�`' Lender+uctions mu inrludc � in an wm,urumd h �lien which hns ric�rity ocer thi�Securit In.trument,n arin
<br /> , Y P'Y F' Y� Y � P Y PF� 8
<br /> �• � -� ,. in riwn.puying rcuKmnble t�uomcy+'fec.und cntcring on �he!'r��perty�o mukr repain.Althou,�t�Lender may wk�uction
<br /> � under thiz purugr•rph 7,LcnJrr ikx s nut hu��c a�d��.o.
<br /> s Any amounl+di�hurxd by Lendcr und�r thi�puraEruplt 7 ,hull ixwunk additiunal Jrb�ot' Born�wrr ticcurcd by this
<br /> lf . ' •� ,. Sei:urily Im�rununt. Unle+�Bnrcuw�r und Lrndcr agme�o oihrr Irmi�i�f pirymcnL�he+e umoum.+halt Ixur imere�t from the
<br /> '•� � ' Jute ul'di�hunemcm :u�he Ni►tc rme and�hull hr payahlc.K'11I1 IItl�Rtil, u�xm nmire f'mm Lendcr to&xrower reyucsling
<br /> ��S'' puymcm.
<br /> i���'��"�� ' 8. Mort a e Insurance. If l.rndcr rc wrcd mon•:i�� in.uranrr a.a canditiun nf makin�Ihe loan ticcumd h thi�
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<br /> ;;''' • Scrurity lmtnimcnl. Horrowrr.hall par ihr pr�mium,it.�uired to maimain thc mi�ngapc in+ururne in ritcc�. If. for an�+
<br /> •;;};��'i:. < <•.�, ." rcuu�n. ihr mongu�� in.uruixc ro�•rr:�gr reyuired hy LrnJrr lap,c, ar rca.r. i�• i+r in effect. 8orn�wcr tihull pay Ihe i,
<br /> � .'���,, premiunn reyuired la uhlam r���•er:i�!e .uh,laniiali� eyuiv:drnt w �hr munpa�r in�ur;mc� pr���iau,ly in ei'fect. :Il 8 l'O!ii �
<br /> • �`•v,��;; +uh.lumially ryuivalcm to Ihc ri►��w Burr��arr i�t'thr mongu�c in.uranrr previuu�tv in clfrr�.from un ul�cmate mongagc
<br /> . in�urcr uppruvrd M• Lrndrr. II,uh.�anli:�ll�•eyui�•ulent mun�age in�urunrc rurer,�gr i.nut a�uilable.B�ircuwrr�hull pny lo
<br /> � , Lcndcr c:�ch manth a.um ryual tu„nr-t��•cNlh ul'Ihc�•rarl�muncagr in.ur:mer prcroium Ix ing puid My Burrower whrn thr
<br /> in.uranrr cuverugc I:I�ACd�tt C�a�cd l��fk•in rftert. L�nJcr��ill a�'�Crl.lHi:Illd f��aitllh��C rav�m�ni�u.u lu,s r�.crvr in li�u
<br /> ' - nf mun�u�tr in�ur:mrr. Lu..rc.rnr pa�mrm�ma�•nu I�m�er I+r rcyuircd.al thc.�plion��f Lenzirr. il'mon�;ugr in�ur•rncc
<br /> .T covcragc lin Uir amuunt und li�r Ih��xri�xl tlu��L.•�d.r rcyuirr.l procided I,y:�n in.urcr uppr���rd hy lxndrr ucain txxonx+
<br /> ' :��•+�iluhlc anJ i.��hlairnd.Hnrr����rr.h;dl pa� dtr��r�mitfm.nywrrd 1��main�ain aN,rtgag�in+ur:mr�in cffcc�.ur tu pnwid�a
<br /> '; �t� , � lo..rr.enr,unlil ihc reyuir�m�nt I�rc mong:iti�in.ur.mce cnd.io acrurdanrc��idi um•�vrilt.n ugrcemem hctwec•n Bi�Ri���•cr
<br /> �} .,.,,• , anJ LrnJrr�rr applir:ihlc laa. �._a
<br /> „ � ., 9. Inspectfon. L�ndrr ur ih a�cm ma� mal�.•irau�n:�hl�rnui�,u�iun:�nd in,pr�tiun. uf thc!'ra�n}•. Lendcr.hal1 :.'�
<br /> ' �'.°� gi�r B��rcuu•rr nuUrr:11 f�1C�imr�►1�rc��ri��r tu:111 II1��k�UnI1��A'Cd\111�1'�:I���IGIh���':I�l�t lilf(�IC Itl�(ttfh�lll.
<br /> c''.t.���•' ,: ,� 10. ('undemnutiun. 7'hr�u�ke�d.ul .m� :���.ird ur.laim I��r J;ima}:�•.Jir���s ur r�ai.ryuenuul.in cannertion ailh um�
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