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<br /> `� '���sur�pe ca�rKr ` ` 1ho�shall be chosen 6y Borrower subject to Lender's �
<br /> � p�erlods ti►�t l.ender tequiies. P�'o��� .
<br /> ,� �ppova!which shall tat be im�naMy withheld. i€Bortower f�its to maintatn cuvcrage descdbed abovc.t�endee m#y.at .
<br /> Lrnder�s optiort.obtain cover�gt w protect t.�adet'sYights in tix Rmpeity in xcordance with parrgraph'7. �
<br /> Alt insu�utce policies and tenewals sbali be accepta6le to i,�n�er and shatl inctuQe a st�nd�d mo�tgasJe ctause. f.erides .
<br /> ahall have the right w hotd the policies and ienewals. ff L.ender Rqui�es,Bamwer shatt promP��Y 6�ve ta 4eader a11 receipts
<br /> - of p�iC1 pmmIums aod trnewai nohces. [n the event df loss.Borrawer shall give prompt notice to ti►e u�tumnce cairi�er�nd
<br /> l,ender. I.ender may mal�e Qraof af loss if not made pmmptiy lsy Boirower. .
<br /> {Tnt�s Le��sad Botinwer othsiwise agt�e in writing.msur�ace praceeds shap be applied to restaratian or cepair of
<br /> tha P[opatY damaScd.if the restoratian os�pair.is e�onomic�ly feasibte and Lender's stcurity iw rtot t�sened. If fhe
<br /> �estoration or repair is not economicaily feasibte�r i.ender's secunty,would be tessene�.the in.surarzce pra�eds shali be
<br /> app��ed to the sums secured h}tlus Stcurity Insti'vmen�.whether or nnt then due.with any exress paid ta Hmrov►cr. if
<br /> Barawer nb�ndo��the PmpenY•or does�t answer within 30 days a notice fmm L.cndcr that the insuru�sc carrie�has
<br /> offered to seule a ciaim.then l.ender may rnllect the ms�uance praceeds. i.ender may use tfie procceds to repair or restace
<br /> tix Froperty or to pay sums secureA by this Security fnsuumen4 whether or iiot then duQ.The 30Fda�r periad�vill6egin when
<br /> the nvCtc�e is giLen.
<br /> _ �----_-,-°,°°,. ----- --- ---tint�ss t�sdcrand-Bar�anxcrott�cwKSe sg�ee isr��riring-ar�aPP�icr�tc+€�+r�ceeQcca principal.sh�fl.not e�nd or
<br /> postpone the d�date of the monthly payments referred co u:p�'aphs 1 and 2 or change tRe�nount af ihe payments: if �—- -
<br /> _- w�der puagraph 21 the Ptoperry is acqui�ed 6y Le�Eer: Borrower's right to any insur�m'c polities actid pracveds resWting
<br /> ___ fram damage to the P�operey prior to the aoquisiuv�e�it p�s to Lender to the eatent of the sunts secuced by this Security
<br /> �'•: lnsttumrnt immediazely priorto th�acquisiuon.
<br /> s� 6, Onyp�ocq, Preservatb�. Maintenaace an� Prutedion of the ProPert�': Barro�er's I.aan Applicatton; •
<br />�-,:,:�' ����g����y.�}�h,��a�ptoPer�as Borrower's principal residence�vithin s�uty days after
<br /> the exa�ution of d�.s S�ee(r�ry tasua�eat and shal�amt�e ta oecaqsc tt�Pcogerry as Bo�ruwer's principal residence for at _�.
<br /> -�.` �east one }rcar aft�r t�date of accupancy: uet�ess���e ag�aes in writing, which cansent shaU not be -- --
<br />-.::�•'�;'_ unnason�ably withbekl.ar untess eatenuating ci�.�s e.��T;a�.ce b�Yaed Bortc►wee:s controL Borrower shalt not ��
<br /> � d�stroy.dama8e ur impav ihB Ptup�r�Y•altaw the Ptuperey m a'�:fliate.or commit waste an tDe Pruperty. Barrower shall
<br /> °''�4'� he in defau(i if any forfeitutr actionrar proceeding.whether c's�ul c�r criminal.is 6egun that in Lendet's•goad faitb judgment __ _
<br /> • < � could tesult in fotfeiture of the Pn�.'rty or othemise matesealL} impair the lien c�ated by this Secunry Instrument ar �=-�---
<br /> � Lender's security interest Borcawer rn�y cure such a defaule a.ns�reinstate,as provided in para�h I8.by causing the action
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<br /> ;- or proceeding to be�smissed vvith u ruting tha�in Lender�good faiti�determinasion,p�eclades fodeiture of the Borrower's '�-�
<br /> ° , � interest in the Praperty or othur,matedal impairment of the lien created by this Secarity (nstrument or Lender's security; �-���_.
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<br /> interest. Borrower shall alsa bu in •defauit if Sorrower.during the loan applicatian pracess, gave materially false or ;,._
<br /> • . inaccurate information or statements�ua I�nder tor faited to pmzide Lender with any matereal infartnation)in connection with ,a:..:�,—, _
<br />`. the loan evidenced by tha Note. incfa�g, but not timitc�t� representations canceming Barrower's accupancy of the • ,.�-_
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<br /> ptopeAy as a principa!i�esidencc. I��fs��Securit�L�-uuIIre�c is�a Teasehold.Bommver shall comply witb all the pmvisions ,��__�_
<br /> of the le�se. if Bormweracquir��fee atfe to the���..t�?�5:�!�ar�d the fee litle shs�ll not merge untess Lender agrees ----
<br /> ' to the merger in writiu� � ' �
<br /> 7. Protection,�'l.endee s Rt�in the�.,= GE f�r.�aK�es f�s tu perfarm the covenants and agreements ��_
<br /> • ,�. ¢antained in tius Setvrity tn�.trwnienra or there is a i 4�i,�i�ig that may sign�cantly affect l.ender's rightv in the. ;'
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<br /> . _ Propeny Isuch a�a �@,uceedittg in bunfnvptcy.protn�te..:`:�rs..�.'�,`l�:r•'=ation or forfeiture or to enfarce laws ar regulutions).ther� , �a iv;;��s
<br /> Lendev may do anc6 pa�for wht�ta��cr'r.s necessa�y co;�*c�:a:e��satue of ihe Property and L.ender's rights in the Propee�g. ,`:;�;'�n :.
<br /> • ' � ` L,ender�s actions mray include ppyin�[�any sums s�c;l#sy a i:�u�bich has priority aver this Security Instrument.appearing . ,�.. -._`-
<br /> in couA.paying reasonablo att�srr.ey�'fees�nd er;�.�si�g on c��opr,rty to make repairs.Atthough l.ender may taice action _
<br /> x - under this parapaPh 7.Lendor daes�n�a�.avc to do sn. -_
<br /> ;., Any amountti disburrcd bv Ti:r�under this para�ta�°���irtall become additional debt of Borra�ver tiecurcd by this � . Y_
<br /> 5ecurity instrumen� Unless B�iavreff�;�ixnder ar,ree to a�L�c��my of payment.lhese amountc shall bear interest fram the � -� . . -
<br /> , ' dute of disisursement at th�Nrtc�rav:.ard�hatL b�ps}•abte.n«[x interc+t,upon notice from Lendet ta Bnrrawer reque�ag __
<br /> - paymcm. � � -
<br /> g, ���g�g���,�;urunee; (f H.�ad.r c�a��as�[ga��a�:cs�nce as�etimdition af making thc foan secureA by ihis � _
<br /> . • 5e��urity lnsiniment,Bartawe�•sha11 �ay the prect��::►s req�in-�,�ca m�-'�`--�.:.s the mo�gage insumnce in effect. If.fetany . : �';=;�_
<br />� . -'•- ' rrason, thc mongagc insuranco ca«.'eagc required by I.e�.k:r i:.�,ds or cease� to be �n effect. Barro�ver shaq pay die ,• -
<br /> _ premium� required to obwin cnvera�e.rubstantiaUy equivat,�t cm .he mottgage insurance previou�ly in effec�at�c�st , . •. __
<br /> . . �ub�tantially cyuivalont t�n tho co�i ta Barrower o€the mon��e:��urance previausly in cifect.from an altemate mortgage ` _
<br /> '. -' invurer approved by l.zndar: li substantially cquic�tent mortgage insurancacovemge is not available.Boaower shatl pay tn �,
<br /> . l,cndcr cach munth n sum eyual to one-avelfth of uhe yearly mortgage inturance premium being paid by Sorrowct whcn the :,-;_.
<br /> • . imurar►ce caveruge lapt�ed��c eea.�ed to be in effe�-c_ L.ender will aceep�.use and retain thesc paymenec a.�a tass reserve in liev ° ,Jf,,f.--
<br /> ' af m�mgagc insur.u�cc. G�:.��rc�en'c payments may na Iong��r bt rcquired, at the aption of Lcnder. ii mortgs�e insurance � .•.;e�„r,�4;�_
<br /> f� cover�gc Iin thv amuunt anJ f�r Ihc period�hat Lcnder rcyuir��►prov�drd by an in�urcr.�pproved by l.ender again becomes . `'''�`>�'�"'
<br /> � a�•ail.�blc and i��+htuinud.Borrower�hall pay the premium.reyuircd to mainc:�in mortgage incu�unce in eifcct,or ta providc a .
<br /> � - lus�rc�crve,until thu requiremcnt for mongagc iorurancc end�in:ua►rdana:«•ith any written agrcemcnt 6ecwcen Barrawer • •�. �
<br /> • • - ...�-- '- . :md f.cndcr ar i�ppliruhto I•rw. . �
<br /> ^�;._.;_ y lospeefic�n. I.ender ur it�:+gent may mal�e reationabk emries u�n and impections��f the 1'ropeny. Lendec�fiall
<br /> .. • t,. ,••, �;i�c Hurru««nutice iu�he tim.��f„r prii,r tn:m in�p�:cticm�pecifying reatianable cau.e fnr the in.Tx:ctiun,
<br /> � �'� ' �� 10, t'undemautbn. 'fhe pnxred�uf;my�aa:ird or claim for dama�c�.ctircct vs ecmvequential,in connectian wi^�It any
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