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<br /> p�rio�ds that L.ender aqu'u+es: 7Lt insuranct carr�r p�ovIding ttie insur•u�ce shail6e ct�en by 8ntrowec subject to E,cnder�' "
<br /> . < �p�uval which shill nat 6e unreas�xtably wit6heW. If Batower fails ao maint�in coveragr described abo�re.Lender rn�yt at.'
<br /> i L.e�xkr�s optia�.dx�{a rn�enge to protect Lender's rights in the Ftvperty in accordence with puaSr�t�t►7- .
<br /> - At1 insanu�ca polic�e3 aod ienewat�shall be accepta�le to.L.enckr su�sit�l!include u standard mortgage rlausr. LendeX
<br /> sAalt have the right to�ald the puticies a�d renewats, if Lender nequires.Bom�vrer shaU pmmpdy givc to Lendet alt tecripGC ` .
<br /> ' of paiQ pKm{ums�nd tenea�a!ttiateces. [a the event of[ass.8orrower shali give prompt notice W the insur�nce car�[at and
<br /> t�: �ender utay m�Ye pmnf of ioss if aot made pr�nptiy by Hrnmwer.
<br /> - iJnt�s E,ender and Borruwer othecwisr agioe in writing.uuuiance praceeds shali be apptied to res[oration or repair at
<br /> � tlse prope�ty daa�ged.if t6e�estor.�tian ar iepair is ec�omicaliy fi�sible snd lxader's seccu�ty is nat kas� if 4ke
<br /> rataaauon a npair is aot eca'�omic.�lly feasibk or Lendec's s�ecunty wouId be.Iessene4 the insurance pca�eeds shall he
<br /> applitd_to t1t�sums secared by Ehis Securit�r Instnunen4 wiietixs or.nat there due.witH any eacess paid to.Bormwer. U
<br /> Bosmwa abarKlcx�s tl�e P�vpeRy.or daes not answer within 3Q days a notice from Lender tha!the msurance c�rrisr has
<br /> - offetired to settk a etain►.thst Le�er may collecc the insnrance Q�oce�ds. Leader may use the P�nceeds to repair or testote
<br /> -__ the Pcopecty or to pay su�ns secv�ed by this Se�curiry U�sa�unen�.wl�ether or not then due. The 3fWav period will begin when
<br /> }-�- tbe nutice is giver+. -
<br /> - [hi{ess i.rnder and Bormwet otherwise agrec in wriUng.any appiicatiamt of ptoceeds to principal sha11 ttot eatend or _
<br />- postpone thc due date of tf�e manthty paymenu refened to in parag�raphy t and 2 or change il�e amount of the payments. If
<br /> - ' . . �, undet pazag,rap@ 21 the Property is acquired by Lead�.BaTrvwer's nght to any insarance policies and praceedy resulting
<br />---_ &oai,dvrfage to tbe Finperty prior to the acquisition shatl pass to Lender to[he extent of the svim secumd by this Secusity
<br /> '•-`_�`- InsUUment imtoediate{y paiar to U t e acquisition.
<br /> �Cw 6. Occapancy, Pnservation. Mainteaance �nd PrutcMton oi t6e Praperty; Barrower's l.oan�Applics�t?an;
<br /> --"_- `,;, LASehdd4. Borrower shall occupy,establis�,and use the ProPeA3'as Borrower's principal residence within sixty days aRer _
<br /> _= .�•:;; , tt�e execudoa a€this Security Insuument aad shall continue.to oce�spy the Propecty as Borrower's pimcipal residence fin at.
<br /> +°`_� ��. .te� ane year after the date of occupaACy. un2ess Lender othe�wise agt�es in wriiing, which conseat shaQ not be = -
<br /> �' ':;�abiy withhetd.oi untess eatenuatia�circumst�ces exist which are beyond 8orcower 4 control. Bormwer shall not 6
<br /> .-;_,.',; � ��y,�g�����air the property�aQavs the P�operty to deteriorate.or commit wa.�on the Ptoperty. Boirower sha11
<br /> :y�r • 6e in default if aak forfeiture accian ar pr�ng,whether civi!or cris�inal:is begrm t&at in Lender c good faith judgment , _.-�--
<br />_;:'�,� � could result ic�:C�cfeiture of the Property es citherwise materiaUy imp3is't�e uen ec�ted by this Securiry In+mumeni ar ���
<br /> ��,, �• i�s�er's security isr�ras� Basrawec may cure such�default and eetnst�.�as�ovided"ui:puagraph 1 R,by¢at�sing the action .F�a.-
<br /> ? ' `� ei��viceed;ng w be dismi.�s�a ruting tha�in Lender s ocd fait�r�+ �r�. ludes forfeiture of the Borrower's ��'��
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<br />- • ` � �i:�rest in the Property ur ci�'r�'cnaterial impaimient of¢�»i��.i,r�r•this ���y lnswment or[.ender's security ��,�
<br /> � t�-. '• inte�est. Bonower shall a►��•i�in defa�lz.•�f_Borrou�.��.�rr G.�=.+i'apptir.�u�zi prccess, gave matecially fai�e or �%"�_-
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<br /> � x:. inaccurate infortnation ur stat�mments to Lec���.or failed��r�r1e teacd�iv:th any materia!information)in connectian with .��
<br /> �•;;c`� ' ` ' the,loan evIdenced by the Note, lncluda��."c�z not lis�,,.:,� to, repres��tions Coaceming Borrower:s accupancy of the •-�
<br /> . '�?k�= �•• � t�i�u;s�FRy as a rinc al�esiden`ce lf this Secs.. Instru.�.si'�,s on a teaseholil.Borru�r�chall camply�vith all the pseuisions � °�
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<br /> _ ��Ft�n:tease. If Borrower acqu�fee titie to[he Propert-?.,,c9i�[zasehold and lhe fee tCtf��U not merge anless l.ender:�s �,::__
<br /> ��- �u,.�w merger in writing. �:: ;
<br /> _ .,r,�sf ` T. Prot�ction ot I.ender's Rights ia the Propertys If Borrower fails tp�s:orm the covenants and a�z.zu , �-� °�-
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<br /> ;'-:��;:f. contained in tYi�.Securiry Irsstrument,or r�ic-ze is a legal praceeding t�::t m�y si�iftcantly affect Lender's rights �si the . ��-
<br /> ;�-� '� �,. Ptoperty{such��proceeding in bankntptty,probate.for condemnatiun�i=�er.ure or to enforce laws ar regulatiansl,then ' . ���. '=-
<br /> t � Lessder may do and pay for whatevec is necessary to protect the valae�v��a;�•'�eri.y�and Lender's rights in the Pc�peRy. �''�``=
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<br /> , ,�_, Lender's actions may include paying any sums securcd by a lien whic�;�^�--•ar.t;r�.°�e;his 5ecurity tnstrument,a��iring . ��„t;
<br /> ' '`� ����s` in court, a in reasonable attome s'fees and enterin on the Pra v= ���_,::.�c�,-�•�i;irn�Although Lender may twke aaion --'`�' ��
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<br /> -'r und¢[this paTdgr:lph 7.l.ender dces not have to da so. . � '��
<br /> °�E� ' Any amounts disbursed by L.ender under tfiis paragraph 7 shalF ��:.�-r�°additiorial debt of Bormwer secumd by this -_
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<br />- • , Security Instrumen� Unless Bonower and[xnder a�ree ta nther term;Lr�:-�ent.these amounts shalJ bear interest fram the _ -
<br /> . . , � • dz�:af dishursement at the Nate rate and shall be payable,with intcres;vpon notice t':om Lender ta�orrower teyuesting -�.����
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<br /> � � -�81. :Nortgage lnsa�ance. If Lender required mortgage insurnnce as a condi[ic�i�G'making the loan tiecuun�i>Uy this ; : ..r�.~
<br /> ' � ' ' Sec�rity Instn�rl.nt. Bonower shall pay the premiums required to rreairrzin the mo2`;�+r insur,u;i.:e zn effect. U, for any ".=:�'�._
<br /> ' .�,,,�,:� '•� � teason. the: crr;cr�;:ge insurance coveragr re;3uired by Lender lapses�.t,��ases to be 'si effea. L�'.-,�rrower shall pay the . �F
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<br /> ,,;,,:��! �•;, �rsmiums req�u:sf to obtain Coverage s��.�nialty cquivalent to ihe aa�rtgage i�c::;;�.-�cc prc�:�aL;y in cffect, ut u co+t , •
<br /> ' "=` ti-����tantialiy equivalent to�F;�b:ost to Barraarer of the mortgagc insurance previous�� rr�effect,from;u�altemate mortgage , - , ,,. ` -
<br /> �'` irs�:=er approved by I.ender. [t:�,abstantially equivalent mnngage insurance cover.:.=.t e�,:nt available.Borrower sh�lt.�ay:o : , ` ; ,. '
<br /> , . Lender each nn.:�i a sur.e e�.�r.�L.r�onc-twelfth ot'the yearly mangage in.turance pr�rinnz being paid by Horrower�Y b.e�ttie. , :�r(ty:�. ;><'<-
<br /> � o��';•;� insurance co.•er.:��':��s e d a:c�se d t o b e i n e f f e c t. l.e n d e r w i l i v c c e t.w V::..zd retai:t P.�zese a menty as a las.v recerE�e"i:t lieu ;j'i1�:i'':.;=`�•
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<br /> . w�,;�,.j ; of mangage ir.�ursu,a:.• #..osc re,erve paymentti may no langcr be req��uui;.•�t the option oS l.ender.if mortgage insurance , � ' _
<br /> �' ` � `• `: coverAge(in�he ar.:cur,t�r.d fti�r the peric�tliat Lender rcyuires)pro��w±r3i t's; an insurcr.�ppravcd(sy lfnder s�gaire beeomes , ' �' �
<br /> ' av;�ilable and is ahtaiaed.�ca-��er sha0 a the rcmiums r uircd to r»:.�sain mo e.nsuruncc io eifect.ar ra;.�vide a . :� T
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<br /> . � k � fasy reserve.antil the rcquii�ca�t for mangage insurance endti in accardancc with zn� �yn;;en agreemem beiwec�II��ower ,
<br /> � and Lender ar applicabte Imr. ' ' '
<br /> ��''""''�'•�'° 9 lns tion. Lender or i�s agent r��y make rca.�on;�bic encri�:�u�an�nd ic;.�,::ons of thc Property. l.c:'�der shall • �
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<br />� , r�# ��'Y;;�;; give Barrawer natice at the time of ar prias au.,�.�in�pcction speci(yine s•;:;r�:rrahle cau.r:for Ihc intip�:.:i ian. . . .
<br /> .. ' '���, ��.�"'; 10, Conde�toatlua. 'fhe proccrds of any.�ward ar daim far dr.nia���•.(IlftCt OC:%.}:itiC(tUC(Rlal.i,i c�ttncc�ion with any . .
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