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<br /> pedod�Ihwt l.ender rrquirc�. Tho lnsurwtce canicr poviding the insurancc shall bc chosen by Barcawer aubjxt ta Lenderb
<br /> � �pprmv�l which chall nat 6e urmeaconAbly withheld. If Sarrower fails ta maintain rovcr�ge descdbed Abave.l.eaKkr may.�t
<br /> , Lenderh option.abt�in coverage ta protoct l.ender�dghta in the Property in accadance with paregnph'I.
<br /> � All insur�nce policies ond renewalx ahall be acccptablc to Lender and shall includo a standa�d rtwrt�a�e cl�use. l.e�uler
<br /> , chdl havc thc�ght ta hold Ihc policies nnd�enewals. If l.ender requi�es,Borrower shall promptly glve to 1,ender all reccips
<br /> •+ of paid premiums nnd renewal nwfces. In the event of loss.Borrower shall give prompt noti¢e to the insurwice eprrier and
<br /> L,eade�. Lender may make proaf of la�s if not made promptly by Bomower.
<br /> �t � Unless Lender und Borrower wherwise ng►ee in wridng,insumnce proceeds shall be applied to restocatian ar rcpuir of
<br /> "� thc Property damaged, ii tho res�arntion or repair is economically feasible and l.enderk security is not lessone�l. IF 1he
<br /> r;:
<br /> restoration or r�epair is not ecan�►mically feasible or l.ender e secunry woutd be leuened,the Insurnnce procmods siwll bo
<br /> epplied 10 the sums secured by thie Securiry Instniment,whether or nd then due,with suty excess paid to�lorrawer. If
<br /> Borrower abandons the PrapeRy,or daas nat unswer wi�hin 30 days a natice from l.ender th�t the insurance canier has
<br /> yA,"„a;+ offered�o setde a claim,then l.ender muy collect the insurance proceeds. Lender muy use the prcxxeds ta rapair a�restore
<br /> �?���?�v� the Property or to pay sums secured by this Secutity Inctrument,whether or not then due. 'il�e 3MIay period will begin whon
<br /> tho nat�ce ia given.
<br /> lJnless Lender and Barruwer otherwise agree In writi�g,any upplicatinn af pmceeds ta princlpal Fhall not extend or
<br /> po�op�e the due dnte of the manthly paymenls referted to in paragn+phs 1 and 2 or change the amount af the payments. If
<br /> � pacagrnph 21 �he Property iF ucquited hy I.ender. Rarn►werS dght Io any insurnnce�licies and proceedg resufting
<br /> ` from datuage lo thc Property prior to Ihe acquisitlon xhall pass to I.et►dcr to the extent of the sums secured by�his Sccudty
<br /> .. ;..� .a� ,,.�...,,;:��r
<br /> „ ,},�.��„k,.,,a�; Ins�z�at immediately prior ta the ncquiaition.
<br /> ,;.�.�,�;,:;;�i��' f. �ccupancy� Preservatlon, MeintenAnce And Protectlon ot the Property; Borrower•s LoAa Application;
<br /> -, - • �'� ,,�_� Lea,e�livlds. Borrower shull occupy,establish,und use the Pmperty us Borrowcrk pdncipal residence within sixry days aher
<br /> . ' .i„1;L�;
<br /> ^ � the exa+��ion of thic Sccurity In��n�ment�nd shall continue to occupy the Prapeny u�Borrower�p�inci�l residence far at
<br /> '�' �'��''��'���� '���.�'`%"' le�t cxie year nfler the date of occupuncy, unlecs Lender othenvise agrees m writing, which consent shall nat t►e
<br /> `"T�'��' � �`• r�� �''�';S�`;r;,���; un�easrnabl withheld,or unless extenuaUn cincumxluncew exist which nrc 6eyond Borrowerk controL Bomower shnll nat
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<br /> �%�<�� . �°'" ' , destroy,dumnge or impuir the Praperty,ullow�he Pmpeny to detcdorntc,or commit wu.ste an the Prnperty. Borcower shell
<br /> . �.�{��,�y y.�;::, , �•r.� � be in default if nny fodeiture uc�ion or proceeding. whether civil ar criminul,ix begun�hat in I.ender:s gc�ad faith judgment
<br /> . . could result in forFeiture af the Property or othenvise mnterially impui�• the lien created by this Security Instrument or
<br /> '� , ' � Lenderg security interext. Borrawer may cure such udefault und reins�a�e,as provided in parograph 18,by cuusing the action
<br /> ' or praceeding to be dismis�d with a ruling thut.in I.ender:gcN►ci failb determination,precludex forFeiture of the Borrower's
<br /> ` � ' � interest in the Praperty ar olhe�materiul impairmem of ihe lien creu�ed by this Securily Instniment or Lender's security
<br /> � �" � • inte�st. Bomower shall ulso be in default if Borrower, durinF the loun upplirulion procc�s, gnve materially false or
<br /> � '�� inaccurnte infonnutian or titatemems to Lender(or fuiled to provide Lender wi�h uny ms�teriul intormntion)in connection wf�h
<br /> �he loan evidenced by the Note, including, but no� limited to, represen�atinn+ ronceming Borrower's occupuncy of 1he
<br /> �.��; ,' Property u.ti a principnl rexfdence. If this Security In��niment ix on u leasehold,Bormwer shull comply with all the provisions
<br /> �r'�'� --T—���.y;;;� � of Uie iea�e. ff borrower ncquires fer iitie ta tiie Pn�peny.lI1C ICUKCIIUI�I t111tI IMr TCC IIIId aliul)IiUI OlZig2 iiflIE:SS LCRi�Ei B�tCCS
<br /> ! . .:' to tAe merger in writing.
<br /> � �"' ' '.., ': 'c:r:," , ?. Pretectlon of l.ender's Rights in the Property. N' Borrower tails tn perforrn thc covenants and agrcemente
<br /> • contained in this Securily loxtrument, or�herr ix ti leEnl pr�eeding �ha� may xigniticamly affect Lender's rights in �he
<br /> ' ' •• Property(such ati u procecding in bunkn�p�cy,probu�e,for cnndenmu�ion��r fortci�urc or to enforce laws or regulAtions).then
<br /> y, � . :�,,,,��.' Lender may do und puy for whutever is nece.xury ta prolect Ihe valur of ihc Pmperty und Lender:righ�s in the Property.
<br /> :i�� • �,�r.;.. Lender:uclion,muy incluJe puying any�umti�ecured hy u lirn which huti priority over this Security Instn�mem,appearing
<br /> �-'.< ��?�'�'' in court,puying rcu�onublr �n�mey+'I'ec�und emcring on thc Propcny to muke repuin.Al�hough Lender may take oction
<br /> '"'' - � ' under Ihis paragruph 7.Lcnder dix�no�huve Io du�u. -
<br /> " � ' � � Any amountti Ji�buned by l.rnder undrr�hi� parugruph 7 tihull lxcome udditional debt of Bormw•er tiecured by this �°
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<br /> � � Security Ins�rumen�. Unlc.�Borrowcr und Lcndcr agrce to othcr tcmi���I'paym�nt,the�e umount+shull bc;u�intcrost from the �.�,�
<br /> � ,, ��.,,; ;� �� ° dA�e of dixburscment at the Nntc rLle unJ�hull iw payahlc, with interc.t.up.x�noiice from Lender�o Borrower reyuex�ing
<br /> ' ' pnymen�.
<br /> ' S. M�tguQe Insurance. If Lcnder requiRCi monpugr:�.ur.mrr a�.a rondiii..n��t'muking the Inan.rrured by this
<br /> • • Srcurity Inxtn�ment. Bnrrow•er �hull puy ihr premium, r�yuir.d io nuiintain �hr nwngagc insurance in et'tiect. If. for uny .
<br /> reAwn. Ihe mon�u�te in,urunr� cuvcragc rryuired by Lcnd�r lap.c. ur rru.r. to tx in etTect. Borrower �hull pay thc '
<br /> premiums rcquircJ lo ubluin ruvea�gc .ub,tantia�t} cyui��:drnt to �hr mongagr in.uranre pre�iuu.h in effec�. �t a cotit
<br /> • suint•rntiully cyuividrm tu�hr co�i to Hurcu��•rr uC�lic m�m�a�r in,ur:mcr prr�iuu+l� in efi'c�i.frum a:�alicmatc mortgagc
<br /> :?•, , `•'.� � inxurer iippm��eJ by l.ender. II'.uh.wntiull�•cyuivt�lcnl murt�agr in,urunrr rovrr.�Ec i.nut a�uilaMr.8orrower�hull puy Ic►
<br /> ,c';: ' . • Lender cuch monlh a wm ryuul����mr-tw�rltth ul'�h.ycurly muriguEe inwr:mrr pmmium t��nt paiJ by Bormwcr when Ihc
<br /> � ' insurance ruvcragc lap.cd or rc:ucd lo Ix in efl'eri. Lcndrr��ill:�rrcpl.u,r:md retain thc.�p:��ment.a,a lo�.re�rrvr in licu
<br /> lb.;::. . of mortgugc in.urancr. Lu,.rrticrvc pa�•m�nl. mur no longrr Ix r�yuircd.a� th�upti�m ul'LcnJrr.if mortEage inwrancc
<br /> ; . ..�.. � covcrugc lin thr umount anJ liir thc�xri�xi thal (.rnikr rryuirc,l pru�•i�lcd h� :in in�ur�r appr�,�rd by Lrndrr uguio Ixcomr.
<br /> �.. �'.:,.,.•'� avail�ble anJ i.ohtained. Hum�wcr,hal l p:�� Ihr prcmiun��rrquiird ta m:iint:nr,mnn�age in,ur:u�rc in effrrt,or ta prrn i.9t a
<br /> j•., lox�re�ervr.until�hr reyuircnkm li,r mun�uge in.uranr�end.in arrurd.�n.r��ith am «ri�te�i uErermrnt h�tween Bono«rr
<br /> ��.� nnd Lrndcr��r uppliraMc la���. `
<br /> ., 9. Inxpeclion. Lendcr ur it.agrm m.�� ma6c r�:i,anahk.nn ir.u�un:uiJ in.��:tiun,��t Ihr Pn,P.ri�•. Lrnder.h•rll f
<br /> givt Bom►�ver niNirr al thc timc ul��r priur���w:in,�cli�m.�xrif�in�:rca.un.ihlr rau.�•I„r Ih�in.prcfion. �
<br /> � ' � 10. Condemnali�m. Thc pnk•e.d.nf:in� :i«.ud�n :I.wn t��r�I.una�;�..�lurrl�,r ron.cquenlial,in c�,nncr�ian�vnh any ;
<br /> �1;, S�u�l�IamJ;••Fbnnie�1arFrrddlv\luc 1\IF'lIN�11\tilkl�IF:\1 - I mt��nn('o�en.mn 9�411 rytiier?,�•, r,�,,•�� o
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