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<br /> periods Ihwt L,ender requirca. Thc ineuronce caRiar pmviding tho ineunmco nhall Ne chosen by Borrower�ubJoct M!�nderti
<br /> �� tpproval whbh thwll nM bo un�nsonwbly wlthhold. rf Borrower failx t�mpint�io coveraQe deecdbed�bove.l.ender may.at
<br /> Leeder9 oplk►n,.ohtuin covarase to prctoct l.ende��►rl�hte in�he Proporty in uccardwico with pars��raph 7.
<br /> All in�urrutaa polioies wnd renawalA ahnll ba accept++ble�a Lender and shall include a atond�td mart�oge clauae. Lender
<br /> rhall have tha rlght to hald�h�po�iaies and rcn�walH. ff l.endcr rcquirea,Bortov►cr shall promptly give to Lender all receipts
<br /> � of paid premiuma ond renowul naticcs. In Iha ovpnt,of.la�s,Bcxrowcr ahall�ive prompt nodca ta the inaur�nce cwrier rnd
<br /> Lender. Lend�r may mako proof uf lass if not m�da promptly by Borrower.
<br /> Uoloas L.ender and Bortawer ahervvi�e agrea in wri�fng,inaunux:a proceeds shall ix++pplicJ to restorution ar repair of
<br /> �hc Pr�rty dumaged, If�ha rcstaratian or repair i�6canamiaally f�asible ond I.endcr's cecurity Is not lessened. If the
<br /> res�aratlon or repair ia nat econamically feuxibla or 1.@ndar'a�scaudty would be Icwscned,the insurance pr�cceds ahall bc
<br /> applied to the suma secuicd by thiR Securlty InRtrumant, whathar or nat then due,with any excess pnid to Borrawer. If
<br /> Bamowcr abandana tha Pm�any. nr duas not answer.wUhin 3Q dnys a notfce fram L.ender�het the inrurance cartier has
<br /> offered�o setd�u cluim.then l.end�r may callact tha insuranaB p►nceeda. L.endar muy use 1he praceeda ro rspeir or r+estore
<br /> �hB Property or ro pt►y Ruma secured by this Securily InRir+im�nt,.wbpthar or nat then due. The 30�day period will begin when
<br /> �henatice ixgivan.
<br /> Unleas L.ender und Borrawer othorwir,e agree in writing,uny s+pplicatian of proceeds to principal shall aot eatend or
<br /> pastpone the dua dutc of the monthly pa�manlx referted to in paragtaphs 1 And 2 or change the amount of the payments. If
<br /> under paragmph 21 the Property is c+cquired by Lendur. B�rmwerR�ght to uny insurunce policfes a�d pmceeds resuUing
<br /> B
<br /> from dmnAge to tha Rvpeny prlor to the acqui��tiun.shpll.puas�o Lender to Ihe extent of ihe sums secured by this Securlty
<br /> y � Instrument immediately pdor to the ucqu�ihi�ion.
<br /> .:.���• . . 6. Occupancy� Preservptbn, Mainteoance And ProtecNon of the Property; Borrower's I.os�n Application;
<br /> ,:- � l.erscholda Barmwec shall occupy,establixh,nnd ure tha Property os Borrower�s pnncipal residence wllhin siaty days after
<br /> a
<br /> • `�`��J:'`� • the execu�ion of thiq Secud�y Inxuvment und shnll cantioue�o occupy the Property ax BoROwer's principal residence far u�
<br /> n Ieus1 ona year uft�r the duta of occupancy, unlaFS l..cnder otherwitie ugrees in w�iting. which consent siu►II na be
<br /> � "�`";,"`�`�,`�'.'; unreusonably wi�hheid,or unloas extanunting cirrum�tnncex exitit which ura 6eyond Barrawer�control. Borrower shall na
<br /> � `�''-''�. . � � daslroy,dtomnge o�impair the Praperty,allow tho Ptu�►eRy to datariorale,ar cammit wuste on the Property. Borrower shAll
<br /> � ,���'"��'{�'�'.�, ba in dafauh if'nny Porfeitune uction or proceeding,whatha�civiL or.cr�minal,ig begun thot in l.enderic good fnith judgmem
<br /> ��'�;^'�;�•,'y�, ,;;,,,.�' cauld rosuU in forfeilure of thB 1'roperty or aherwiw mutariully impair the lien creuted by this Security Instrument or
<br /> • �. ��:.:_ . Lendork sccuriry intarest. Burrower muy ru�suoh,a dQfaull,und reinxtutc,us provided in paro�aph 18,by cnusing the uction
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<br /> or proceediag to be diAmiF+ed with n ruling thi►t,in L.endork goaci fuith determinution,precludes forfeiture of the Borrower's
<br /> r �:'� �� • � imoreRt in tha Pro{wny or othar mutnriul impainnent of the lien created by this Security In��rument or Leoderk security
<br /> ; ',:�`�-�x:i. .. � � < <�i; intenes�. Borrowe� shall alNO bc in dsfault� if Burmwer, during the loan npplication proces,, guve mc+tednlly folse or
<br /> � innacu�ate infurmntion or slutGmamx h�Lendar lo�fuiled to pm��ida l..ender with any muteriul informatfon)in connection with
<br /> '°'� ,...4;�„ ,•_ _ �ha lunn evidunced by �ho Nota, inalud'+ng, but not limitad tn, r�prerentntions conceming Borroweri�occup3ncy of the
<br /> -_ .... • Property sa u prinuipal rzwnlooc�. ii'tiiih Secur�r,-�I:s�trvmcoi is an.a lra�xhold.9orzoe:�er sha!!comply with e!1�he�+rnv;vinn�
<br /> • af tha lease. If&mower Acyui�s far iidu�a ths Propeny,tho lautiehold and the fee title xhall not merge unless Lender agrces
<br /> : . ' . to iha mnrgcr in writing.
<br /> ; • 7. proteetWn oR lxndar's R+�6ts in Ihe Property. If Bnrmwcr foil� co perform the covenant� und agmements
<br /> � � cunminad in �Nix Sacuriry Inhtrumunt,or th�re is u Iegal pro�eeJing thut m:�y xignificuntly uffect Lender's rights in the
<br /> `' •, �� • Property(such�aH u proceedin�in•bunkruptcy,prohate,for rundamnation or forfeiture or to enforce luws or regulutions),then
<br /> �'����,,.� � � •• � Lendarmay dn nnd pap for whntaver i�. neceswry to pro�ect the vulue of the Propeny and Lender's rightx in Ihe Property.
<br /> �'�� Lendark uciionr:mny im�ludu payinp uny sums,ecured by a lien which hu�priority over�his Seruri�y Inxtrument,nppearing
<br /> ''r�:�• in cuun,paying rcuu��nhlu nnumcyx'fce�und entcrinF�m thc Propcny to muke repuirs.AUhough Lender may wke uclion
<br /> �S '•.' . ',�>;,.,, undar thir:por.�graph 7.l.endur doc,nnt harve lu da sn.
<br /> •���� ., �� Anv amounl�:disbuneQ by Lc�nder under Ihl�paragraph 7 tihull t+ec��me additMnul debt of Borrowcr tiecured by this
<br /> �� '� ' ���•:•:;� Security in�trumcnt. Lfnlesx Borru���erand Lrndrr agrer�o uthcr�cmi.of puym�nt,ihesc umountx shull t�eur interest from the
<br /> ^�,�, � � dute ot disbur�emenl At 1he Notn rata und shull t�e payublc,with intcre+t.upm notice from Lendcr lo Borrower reyue+ting
<br /> . , puyment.
<br /> 8. Morlguge Inhuranee. (f 1.enJer reyuireJ ntc�rt�tugr in�urancr uti ii cundition nf ntuking the loan secured by lhis
<br /> f; Security Inr�rument. Burn�wcr shull pay �he prcmiumx requireJ t�i muinluin thr mongagr intiurance in eFfect. If,fo�uny
<br /> • reason.the mongugc insururnc co��era�e rcyuircd by Lrndcr lupsr, ur cca.cx u� in in et'fect. Borrower shall puy the
<br /> .,� " • - premiumr: �quircd to ob�ain cuvcrugc .uh.l�m�iully �yuivulcnt a► ihc mongi�gc in.urancc prrviuu.ly in cffcct. al u cu�t
<br /> xubstuntiully cyuivuknl to thc cotil n►Burrower ot�tlx mongugr intiurance prrviou.ly in effect,fri�m un ultcmute mortguge
<br /> . inxurcruppmvcJ by Lrnikr. II'.uh�lunliully cyuivalrn� nu►rtgugc in,urancr cu��craEc i.n��t avuiluhlc,Bortxiwcr xhull pny to
<br /> 4 • Lcndereuch monlh u tium cyual ti►orn-�wrlfth uf thr yrnrly mungugr in,urance prrmium IkinE puiJ hy Borruwer when the •�.
<br /> ' �._� . insurrrne cnvcragc lopu:d or ccukd�i►Ik in rt'fcrt. Lrndcr�vill urrept.u.c and re�uin the+c puymen�s i�z a lo.s R�ervc in li�u ;'�'`
<br /> ,� ��� � , of monyugc inxurunce. Lu�s re�crvc p:�yrocn��mi�y n�►lungcr Ix rcyuimd.+u thr option ot'Lcndcr,if mortguge imurunce ���
<br /> • � •� roverugc (in Ihr um��unl and tiir thc�xri�xl lhu�Lendcr nyuir�.l pruvided h}�:m intimt�r approvcJ hy Lcnder uguin ixx�xnes
<br /> t }, �% uvailu6le��xi is ubtuined.Borrower.hidl puy Ihr premium.rcyuircd tu muintain mongugc in.urancr in rfi'ect,or tn proviJc u ;
<br /> „•` •�!`�, losx rescrve,un�il the rcyuircmcn�i'or mortEngc in.urunrr cnd.in ucronloncr ti•ith uny wriurn+igrtemem tx:tween Burrower ",'
<br /> '•�� ` ..' ond Lenderar applirable luw. .
<br /> a ,-'«'' " 9. las eclion. l.cnJrr or it,a �rn mu mi�kc rrii,unuhlc entrir,u un amd in. �uion,uf the Pru n Lendrr,hull
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<br /> I •�� �� � r, ,. give Burrawer noticc vt thr�ime uf ur priur to an in��xcti�m.Exrif�•ing rcuwnaMr cau�r tix�hr in��xetiun.
<br /> „ ..•�;t�,•, . �.;..,; 11. Condemnution. Thc pnkred.ul nnr aw•ard ur claim far damu�!c..diRCt or comcyurnliul.in ronnrc�iun with un�.
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