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<br /> . - periods t1Wt Le�er taptires. 7'I�e'ic�.`surinoe rartier p[atridi,ng dne itttiwanee si�all bE t�hos�n Dy�8oeower sub � � .
<br /> ° ' � appcu�val rwhicb shail oot be unisa.5onablY withfxW- If Bamwerfaits to t¢aititain rAvenge desan'bad above,l,a�der may:at � ,
<br /> Lrnder s optian,abtai�e covenge tn piotect l.eades's rightg in th�Propefty in acc�e with par�greph 7.
<br /> ' All insutac�ce�oCcics�d ienewals shafl bc xaptable ta Lrnder and ahafl u�clude a st3ndud maqtgag¢cla�se. i.ender
<br /> sfn14 6ave the.rigW to[told the poliats aa�ienewals. If i.endcr taquites.Bortower shaU�aptty grve ta Lendet a1Y reaipis .
<br /> of paid p�niwms aiW reckwal�- Tn�e�'�t af loss.Sonawer shali give praan�pt notice w the insuranoe car�ier an8
<br /> Lender_Lendcr may r�ke pcaof of toss if not made pramPSfY by Bormwer. = .
<br /> " � UnIess i.tnder�Bcsiruwer ad�eivvise agrec ia wnpng.u�s+ir.uice pmcceds st�lt be appleed to cestaeation�re�air of
<br /> t�ptapptY damagtd,if t�c�rstoration or repair is ernoomeca4ly feasible and irender6 sea�iry is noi tessened. [f tho
<br /> restorAtion or�v is not ecaao�rucatip feas'sble or Lender's secunty would be tessened the insurr,ttce proceeds sha1T 6e .
<br /> — applied oo tho sams secu�cd 63'this S�uritY ta,�a�nt+a6et�or not tben due. with any excess paid ta Borrower. if '
<br /> Borrawer�bandoas the Propccty.ar Qoes aot aaswu arithin 3(1 days a aotice fram l.ender th�t the insuraace carrier 6as
<br /> offeted m settie a claim.t6en I.ender may coltect the insfuance procceds. Lender Enay use the praceeds to sepair ar cestore
<br /> = the Piopetty or to pay swns sxured by thi.s Security Insavmem,wlsether ar�t then due The 30day period wi!!beg►n whett
<br /> the naiae is givea.
<br /> — Untess Lender and Bam�+er mhciwise agree in writing,any application of pr�c�s co principal shaU not eatend oc
<br /> - _= postpaae du due date of the ma►thlv paymenu refenrd to ia p:uagr..phs 1 and 2 or change�he an►auat of dre paymems• ii
<br /> - — aade[pangYapl�Zt the Ptoperty is acq�aed by Lcnder.Bormweis�ght to�y insurance policies aad pr�a�eeds resutnng
<br /> _ �'mm damage w the Pmpertq prior to the acquuitioa shaU pass to.Lender to the estent of the sums secured 6ythis Security
<br />:,;,-'� Iattnunent immediately priar to the'aoquisitian.
<br />. - i. pavpanci, Fiiescrvatioo, Maintenanee �nd Protcction of the Propert3, BormWer's L�n Applicatioa:
<br />-�� :- i�otds. Borraarer sdall accupy.establish.aztd use the Ptuperty as$omuwer's principal residence within siaty days after
<br /> -� '-, the execution of dtis Securiry rnstrwtient and shail condnue to occupy the Property as Barmwer�s priacipal cesidence for at
<br /> - teast.ona year'after the date of oocupancy,aniess l.ender otherwise a�ees in writing, ;.-hich consent shali not be
<br /> �".� unt�sanabt��withheid.or antess ext�g circumstances exist which are beyand Bamawer'�vi�ntsal. Horsower shall noi
<br /> degtmy,d'arczge or impair the Propeity,aitow the_Pno�erty to deteriorate,or commit waste a�s t�:L?�opctty. Bocmwer shall
<br /> he in defa'sr�'i:if any forfeinue action or proceeding.c��uxttcer civi'1 or criminai.is begun that in�.,�r's ga��h,3th 3udgment --
<br /> caut�.resUit in forfeitoxe of the Property or othenvis�e materialiy imQair the lien created by c7::,'*s Se�iit:�'(nswment or =_
<br /> --- S.epder's s�atity inte�est.�Bamower may care such a defaWt and ceinstate.as provided in para��I8:�s��S the act�on =—_
<br />, ''�° ;. �or ptoce�.�to be dismissed with a ruling that,in Lender's good�faith determination.precludesL''�:cfeit��Ltw�Borrower's• _
<br /> ' • .-: interest i�r`se Property or other material impairment of the lie�s'�eated by this Security Israi�?�:at rn'`g-�ders secunt}' —
<br />' �,.. � � interest. Boaower shall also be in default if Borrawer. dyr�, rl�e laan app�}icatian pra�,-g�e ��Y ���or -
<br /> ,�: �inaccumte infortnutian or statements to l.endet(or fa?�3 to provi��L.eader wztft Ert}�aterial is:��:stiation)ir uvnection with ---
<br /> �' the loan evidenced by t��Note. including. 6ut tu��"�ited to.�s.present�tiea�:�ceming Borrower's occupancy of the -_
<br /> � - plroperty as a principa!rr�rence. If this Security ir•:.��rv�int is oa a tea�sehold.Ervs^wer shaft aa-:�ply with all the pmvisians, �
<br /> . ;_ of the!�w.�f Borrowc-ra�quires fee�i.�e to the Psfyze�`�;1he feas�imtd and the fee iitle siyail'is�x�iterge unless Lender agi�r��: ' ` �
<br /> .... to�he�r,e��:in writing_� , • , , , , •.., . °'°
<br /> . 7. `l�iaote�tion aP'�mster's•�ci��in the.i'cwr�e�ty. If Borrower fa;ls(n.peif:.c�r��.:.:ovenanu and agr+eeme���•�•� -
<br /> • . .,containetf in this Secutr,:.PssirutTter� or there,u��::'wgal proceeding that mal. wF;..fcaar,t�.a�ect Lendez's rights in:���
<br /> ' '. Praperty(sach as a ptvc*�g in bankrbptcy.pra�+a for condemnation or forfeir�ar to enforce laws or.n.,�iutaiions).theti __--�
<br /> . , � Lender may do and pajr:-ai whatever is necessary to protect the value of the 4'�+:pxi�ty and Lender's-cig3�.t�,�iir:t3��Proger�*�, ����
<br /> r��•� ���` Lender's actions may include�aying any sums secured by a lien which has priority over this Seca�rity Ins�:�:,t.appe�J�� ---
<br /> � �� in caurt.paying reasonable attomeys'fees�nd encering an the Property to matce repairs.Although Lender a'�y take a�;,�?r; �'�'r--_
<br /> � • �r�.' h•S" under this paragapb 7,Lertder does not have to do so. • '� '.. "�'��""�
<br /> •'� ` 'f;; � Any amounts dishurt:ed by Lender under this paragraph 7 tihall becams addieional debt of Botrower�:ured by tNis ,�.."�'°'�°
<br /> ! Securit Instrument. Unless Borrowcr and Lender a�ree to other terms of payment,ihese amounts rht�ll bear:r.terest from thc �e:=�'�'�.'.-���
<br /> . date of disbursemem at the Note rate and.hali be payable,with interese,upon notice fram lxnder to Borrower requesting d��'-`'�``�-'.a�
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<br /> : ,;: . 8. Mortgage Insurance. lf l.er►der requimd mortgage ir�:��...cw ac a conditian af making the luan secu�d by tbis �
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<br /> • Security lastrumen�Bortowes shall pay the premium��reyuired tu sitintain ehe mor.gage insurance in effect. If.for any , ,�,r,,� Y:r,;�
<br /> '�; •reason. the mortgage insr�rance caverage required by L.ender tapses or�yc:.to be in effect, Borrowcx:shall pay the -
<br /> ' iums r ired to obtain covera e subytantiall uivalent to the mon�:�•a: insurnnce reviaacl i�c:��i�.ct. at a cost `' °` � � �
<br /> ''4 p� equ g Y eN „_.. P y " ,�f •. .. •.;�-_.
<br /> • • . �'�?• subslantiaily equivatent to the rnst to Borrower of the mortgage insurance pi_a73utly io eifect.from an a:•«:sate mortgage r�."�. -,Y:,�:
<br /> . �t�:': . insurer approved by l.ender. li wbstantially eyuivalent mpAgagc insurance cavemge is nai av'�::abte,Borrower shall pay�n �: :H�'�; �.
<br /> i.ender each montb a sum eyual to nne-twelfth af the yearty mortgage insurance premium being paid by Borrower when the _::�.=f::r';};
<br /> ,�� insurttnce coverage tap�ed or ceased to be in effect. Lcnder will accept.u.re and retain�hese paymentc as g lass reserve in lieu ,*''.�::=-�
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<br /> nf mort a e insurance. Lo�s rctierve .� mems ma no ton cr be re uircd,at�hc o tian of I.ender.if ma a e insurance r°' .:.
<br /> S S P;Y Y S 4 P rtS S r. :;t .
<br /> � :• coverage(in the amous*_t and far the pettod that l.ender reyuires)provided by an in�urer apprnved by L.ender again 6ecomes `� •.
<br /> - - availablc and ix abtained.Barr�wer shal!pay thc prcr.�iums reyuired tn maintain niangage i��;�-�nce in effect,or to pravide a '�::
<br /> ' . . ' `''� tosc reserve.until the reyuiremcnt for mortgage insurance endti'.n:��cordance tivith any writnas::_reement hetween Borrnr.ia+ E^'. �;�;;;
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<br /> ` •+,1.:.•,� � ''• andLend'�sarapplicabtclaw. � ` :9�_.
<br /> -.•-�� 9. /nspecHon. l.cnder ur its agcnt muy malc:rea�onable cntric�upon and in�pccticsr.°..��f the Praperty. Lcndcr>P:ail . ��-
<br /> ` _ �''�� give Borrower notice at il�e time nf or prinr to.u►ir,���:tiun�pecifying rra,anaht�cau�c for the intipection. .
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<br /> � _�;,`:,; � 10 (:ondemnatimn. Thc procced�i�f any a�c_:9�u claim f��r damagc�.�i���or comcqucntial.in c�ir.rcction with any ,,.
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