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<br /> . � . S.H�t�rd or�Pta Ia�uranoe. Borrower etull �a-r��heTr D d
<br /> A�Y Icoep tha irep�+ov�menta noN e�hln�or attar ereotad on
<br /> tt�e Properqt ir�aured e�ainec laee by firo,h�z�rdo inaluded with�n tho term "ettended ooven�e �nd�ny otlwr h�edr.
<br /> inoludlnQ tlaaQs.or tloadit�,far whlch I.ender requiroe imurar►ee.This iiuu�u�oo rludl be maintained in t!r snlow�ts
<br /> �nd for the porlode that Lender requiree.'fhe insin�anae curlar provldin�the inetnanoe vull b ohoMn by 8orrnMK
<br /> _ sub�eot to Lender'e appr�av�l which shdl n�t be un�aon�bly Mlthl�etd.li 8orroMer bib to m�inVin oov��e de�ibd
<br /> above,Lender m�y,at I.Ander's option,obWn oove,ra�e w proteot Gatde�'��i4hta in eh�Propwty In �aoordna�wit6�
<br /> p��ph 7.
<br /> � , ; - Ali inewance polidea and renew�ls ahall be wceptable to I.a�der �nd�11 inolude a�tandard mortpp c1�uM.
<br /> '.�.�-�:.��,..�.... La�d�stull have the elght to hold the polic3e� u�d reneNala. lt I.a�de� re�ui�, &nroMee �I) �+�+nmptlY �iw t�
<br /> �'��:��`�'=�==" Lendar�1!racelpta ofp�id premiums and roneNd notioeo.In the event ot lor,HorroMer�hall�iv�prompt noda to tM
<br /> ` `.•��a' `'•? �,..' �NUt�tK'A pl'1'�QI'0lid Lender.Lender ma make
<br /> � � y prooi of loe�if not m�Fromptly by BomoMar.
<br /> ,�� t �,1 '�;' Unlosa Lendor and�orrawer otheraiee a�e+oe in writin�,it�unnc;e proaaeds�h�ll bo�ppli�ed w rostontion orrop(r
<br /> � 1''�' r{���`:`,.��;����:, of the Property damaged.it the netoradon or rapair is economia�lly fasible and Lender'�aeqt�Ity i�not lara�ed.lf the
<br /> � reeoor�don or rapair is not xonomicaily fasible or i.endar'a aecurity would be laerened tho insuranae ptooeed�ehall 6e
<br /> , .���.,�'`�;` �
<br /> ��.��,.�M appliad to the suma secured by thie Seaurity Instrument,�uhether ar not them due�Nith any e�car pid w BormMer.lt
<br /> �... ,. , . .-,_.. Hoerower abendona the Property,or does not�nswer withln 30 dsye a nodoe trom Lendor tlut the inurmon atrier har
<br /> � � ��•�. . � oftered to eettle a alaim,thon I.er►der may oollect the insuranoe proeoeda. Lendm�m�y wo thep�ooeeds to r+ep�ir ar
<br /> reeton th�Property or ta p a y aums secured b y this Seaurit y Inetrumen t,whethor or not thon due,'�`tie 3Q�da y p e r iod w111
<br /> ` :;�::. bedn when tl►e twtice ia glvan.
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<br /> ;� � . Unlese Lender and Borrower otherwiee a�ree in wdtin�,�ny��plication ot toprincip�l etull not eYtend o�
<br />'', ,�r..•. � �.• . . � •3-' • �oet pp]IO ti►e due date ot the monthly•pymente roferrod to inpan�rapha 1 and or ch�n�e the amount ot thep�yments.
<br /> I�� �` ' It underpsn�sph 21 the Pra ie a uired by I.ender, Borrower's ri ht w an tnwnrrc�e icia and
<br />� �r .�� .. " _._. ?' P�Y W � Y e Pd Prooeed�
<br /> - . roeultinR trom damage to the Property prlor w the ecquisjtion eh�Q pes to Lender w the e:tent ot the rum��ecw�ed by
<br /> i ' thie Sxurity Inatrument immediately prior ta eha�cquisltion.
<br /> �^ F•. . �. .. � 6.OCCUpa�Cy.PfCSEiV�=�OA,11�I�iatemnce�nd Protection of the Property:Borrower's I.wa A�pHption;
<br /> ,,' ., ,�,,''`!, Lase6ald�.Borrower sh�ll ocoupy,establie6,and uae the Property ae Borrower's principal ro�idenoe within dxty days
<br /> . ' � -�: atter the oixution of this Socurity ]t�etrument and ehdl continue w oocupy the Prope�ty aa Bon+ovar'c prfncipd
<br /> ' � �+`�'' '":� raeidence for at loeat orte year atter tho date of occupancy�unlesa Lender otherwiee a�roes in writin�,Nhich consent shdl
<br /> . not be unre�sunebly withheld,or unless extenu�tin�ciroumetsncea exiat which�ro beyond Borrowor't vontrol.BorroNOr
<br /> � , � � elull not destroy�damage or impair the Pmperty.�Iloa the Property to deteriorata,or a�mmit Naate on the Property.
<br /> � ' . 8orrower ahdl be in default if any iorteituro aation ot ptoc�eedin�,whether civil or crlminal,io be�un th�t in Lender'�
<br /> • �� �oo� t�ith jud�ment cauld nsult i�iorieiture oi the Property ar otherwiee m�teri�lly impir tho Iten cro�ted by this
<br /> ' �. �ecurlty Instrument or I..ender's sxudty interest.Bomower m�y curo euch a detault u�d relnsute,a provided in
<br /> pon�nph 18, by ceusing the action or praceedin� to be dfsmiseed with • rulinQ that, 1� Let►der'e �ood ��ith
<br /> ___ - �tm�n�in�R3nn,�+rec��wi�fc►rt�+itt�re of thel Bc�rrower'e Int�in LAe Propnty or oil�t�nnt!rin!lmpair�n�ni ot i!�l4en
<br /> . crated by this Secucitq Instrurnent or Lender's securlty interest.Borrower atull aloo be in default i�Borrower,du�io�
<br /> � , the lan application proaess, gave materially talse or inaccurate inform�tion or etatements w Lender (or t�iled w
<br /> provide Lender with any material intarmatian)in connection with the lan evidenced by the Nou,includin�. but not
<br /> "" � limited to,representations concerning Hanower's occupanoy ot the Property�s a principal roeidence.It this Security '
<br /> Inetrument ie o�e lasehold,Borrower ehall comply with all the provisior�s of the lase.it Borrower�uiros(ae dtla to
<br /> ; tho Property,the le�ehold and tha tee title shall�ot mergo unless Lendar��to the mer�er i n w�itin�.
<br /> 7.Protection oi Lender's Ri�hts in the Property.lf Horrower tals to perform the covrnante md a�oem�nts
<br /> �`' , wntsined in thia Security Instrument,or there is a legal proceeding tiwt may si�iticantly�tfect Lender's ti�hte in tho
<br /> �, Property (such �s a proceeding in bankruptcy, probate, for condemn�tion or torfeituro or to entorce I�we or
<br /> ��f' ��. ro�ulations),thon Lender may do and pay for whatever is necessary to protect the value ot the Pmperty a�d L.rndrr's
<br /> .� ri�hts in tha Property. I..ender's actions may includa paying any aurns sxured by� lien which h�s priority over thie 'y
<br /> , Securlty Inatrument,appeering in court,paying reasonable attorneys'iees and entering on the Property to m�ke ropaire. tG4��
<br /> - AlthouQh[�ender may take ection under this peragreph 7,Lender does not have to do so. �`
<br /> Y:, ; Any amounts disbu�ed by Lender under this peragraph'7 shall become additional debt of g3orrower sa:ured by this
<br /> • Socurfty Iaetrument.Unless Borrower and Lender agree to other te�ms of payment,these�mounts sh�ll be�r interest � .
<br /> � from she d�to at disbursoment et the Noto rate and shall be payable,with interest.upon nutice hnm I.e�der to$omowrr
<br /> requeatin p�ymant. ��
<br /> 8.�ort���e Ineu�ance. If I.ender requirecl mortgage insurance es a condition ot making the Iwn socurod by this �`
<br /> Security 1nMrument,I�rrower shall pay the premiums required to maintain the mort�age insurance in etlect.It�(or any (� .
<br /> . , . re�s�sn,the mort�a�e insurance coverage required by I.ender lapses or ceases to be in etfect. Sorrower stul! pty the '
<br /> „ premiume requirod to obUin coverage substantiatly equivalent to the mortgage insurencc proviously in effect,et a rost �"
<br /> ' subetantial) uiv�lent to the cost to Borcower ot the mort a e insurence reviousl }
<br /> y aq g g p y in efiect,trom an altern�tc .
<br /> f:�. mors���e inaurer approved by I.ender. It substantially equivalent mortQage insurance coverage is not a���ilable,
<br /> - Rarrawer ah�l) My to Ixnder each month a sum equal to one-twelFth oi the yearl�•mortgage insurance premium beinQ .
<br /> psid by Norrowor when the insurance coverege lapsed or ceesed to be in eftect.I.ender will accept,use and retain these
<br /> ' . � psYnnents � � I�aa rors��o in lieu of mortgage insurance. Loss reserve payments may no IonEer be requirod,
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