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<br /> periods thu Lender�oquina+. 7�e in�u�catri�r provfdin�the inouranoe xhdf ba choxen by 8amower wbject to Lendsrti
<br /> pppiovd which�II na bo un�raca�ably wi�hheW. IF BOfnOWC�fAII!(0 fllAJtI1NIl1 COVOfY�O dQlC�Illpl�Nbl1VQ�l.a�der m�y.al
<br /> ' t.enderia oplion,obtain covernge to protxt l.enderk riQhts i�1he Propeny in�.�cardwnco with p�r+�gn�ph.7.
<br /> All insu�an�x policies md renawalx xhdl be wccepta6le�0 4ender�nd eiwll include r�uandard m�xl�mse cl�uRe. L.etwier
<br /> ' �h�ll hAVe the�ight ta hatd the policiea�nd rcnewals. If Lcndcr roguircs.Borrower shpll promplly�ivo w Lcnder all neceipn
<br /> ' of paid premiums and renew�l naices. In the cvent af loss.&imnwer shall�ive prampt nd�co W tha insu�wxx c�rtkr rnd
<br /> L.eader. Lender mpy make ptoaPof lass if nat mwie promptly by B�mwer.
<br /> Unleag L.endcr and&xrower dhenvisc agrce in wddng,in�urancc pmcecds shufi bc applied to rc�to�tiun or rcpafr nf
<br /> r tho Propeny damaged, if tlta rcatorAtion or rcpair ir ecw�amicully feaFible and Ixnderk�u�ity ix nw lassened, !Y the
<br /> restorotion or repuir is not econamically fea.vi6le or I.enderk security wauld be Iesxened,�he insunuice proceedx shall be
<br /> applied to the sumv secu�d by�hia Security lnatrument, whether or na then duc,wf�h uny exces.�c paid tu Borrower. If
<br /> Borrower abandons thc Property,or dae.r not Answer wi�hin 30 days u notice from Lender that the In�urnnco carrler has
<br /> ofierrd to seule a cluim,then Lender may collect the insumnce pr+a�eeds. Lender may use�he procced.s to repafr ot restor+e
<br /> the Property or to puy aums socured by thix Sticudty InxtameM,whelher or noi lhcn due. The i(Way pe�iad w111 begin when
<br /> the nodce is given.
<br /> Unless Lender and Borrawer othenvire ugree in writing,ony application ot proceecls to prinaipul xhall not extend or
<br /> postpone�he due date of the manthly payments mferred ta in pamgraphs I and 2 or change Ihu omaunt of 1ha payments. If
<br /> under pumg►uph 21 the Property ia s►cyui�rd by Lende�,Bomowerk right ta anp inFUrance policies und proceedx resulling
<br /> fc+om dnmoge to the Propeny prior to the acquisition shall pusy lo L.ender�o the extent of the sums secunad by thia Secudry
<br /> � Instrument immediutely prior to the acquisition.
<br /> • - ��"';t �` 6. Oecupaacy. PreservAtion. Maintennnce �nd Protection ot Ihe PropeMyi Borrower'x L.oan Applks�don:
<br /> •��! LeasehoWs Botrower shall accupy.estnblish,and use�he Property as Burrower R ptincipal recidence within si�ty days aRer
<br /> - ,= "�°``' ,�r� � � ti�e eaeculion of thix Securiry Instrument und tihall cun�inue►u u;cupy ti�e Property as Burrowerk principal residence for et
<br /> -�%i:�,� :q-<•.
<br /> :„;��r., ���:�1 ;� • least one year after the dute of accupnncy, unless Lender othenvitie agrces in writing, which consent sholl not be
<br /> ,•� ' �"S'r ,.�,��,.taY ,,,;�; unreuwnably wi�hheld.or unMss ex�enuuting circumstuncex rxist which are 6eyond Borrower i canlrol. Bomuwer shall not
<br /> �'�`�u' ' � destro dmm� e ar im uir the rt allow the Pro n �o deteriorate,or rnmmit waste on the Pr rt Borrower shull
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<br /> ,.`�,.,,,.. " � ' ����'� bc in defuult if uny forfeiturc uction or proceeding, whether civil or criminol,is begun�hA�In L.endcr�gaod fai�h judgment
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<br /> ,:,s�,�ps ,, . ,. ' could resul� in forfeitum of the Propeny or otherwi.r•e muterially impair Ihe lien created by thiK Secu�i�y Instrument or
<br /> S'r� �c, �� � •a ''' Lenderis securily interest. BoROwer mav curo such a detaul�nnd rein�tato,u,provided in puragraph 18,by cuusing tha action
<br /> •� :1�'+r;���,:';'�;�.���:��;�
<br /> ���• '�� �-;;��,,.t., .• or proceeding to hc ditimistied wi�h u raling thAt,in Lenderti gaad fuilb delerminution,preclude�fort'aiwre of tl�Botrower�
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<br /> (�',;',.!;.: �t??s`.�y'!j":•'' �' � interesl in the Prope�ty or mhet materiul impuirment of�ha licn creoted by �hir:Security Inr:trument or I.endert sewrity
<br /> .;�.�:.tr.f t,�. ;� . ., . _ ,; intcretit. Borrower shall �Iso be in d�:fuult if Borruwcr, du�ing the loan upplica�ion process, gave moterially fulisc cx
<br /> ,, ;, ; � inuccu��e informution or statements to Lender(or failed to provide Lender with nny mu�eriul infomiation)in connection with
<br /> ';�` lys%r �'fi: '• x°�r..', the loAn evidenced by �he Note, including, hut not limited to, n:prcsenm�inn� conceming Bomower's accupancy of Ihe
<br /> �`f�'� ,:. 'k� ,Pmpeny as a principul.rcsidence. IF thi+Scrurity Inslniment i+on a lea.e:hold,Borrower shall comply with uU the provision+
<br /> ,;.�sf,,N� • of 1he leuxe. If Borruwer urquire�fee dUe tn thc Pmperty,�he lea�ehold and the fee tiUe shnll nnt merge unless l.endcr pgrees
<br /> . . to the merger in writin�t.
<br /> ,,' , , 7. Protection oP Lender's Rishts in the Property. If Bortower i'uils to pert'orm �he cuvenunt+ nnd Acreements
<br /> ��,,��. • ' ��'� c�Muined in this Securi�y M.�rument,ar there i+ n Mgul pnxeeding thut muy significanUy aftect Lendar's dghts in the
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<br /> . ti`: Property lsuch us u proceedinF in bunkruptcy,prohu�e,tiir condemnu�ion ur forfeiture or to enforce laws or reRulutions),�hen
<br /> Lender may do vnJ pvy Pix whatevcr is nccr,sary tu pmtrci the vuluc of thc Pruperty nnd Lende�'s rights in�he Propeny.
<br /> .� Lender�uction+muy inrlude paying uny xumx tiecurcd b�•i� licn which hati priority over�hiti Securiry Inrtrument,s+ppe+uing
<br /> in cnun, n �n reau►nuble�nnrne ti fer.und enwrin� i+n the Prci n tu muke re a�n Al�hou h Lender ma take uction '��
<br /> � ' PY� F Y�� b Ix Y P '.. 8 Y
<br /> �- ` � � under Ihix parug�nph 7,Lendcr d�ks nui have tu iki,o.
<br /> �i;. • • � '. Any umc�umti Ji,bun�d by l.rndcr undcr�hi. paru�!ruph 7.hull tx�omc additional drbt of Bormwcr secun:d by�hi.
<br /> �:. : • • . Sc��uriry In.trumrn�. Unlc..Borrnwer und l.cndrr ugrec lu i�thrr Icrni�oi'puymem,the.e:�mount+,hall I+e�r interctt from�h�
<br /> . � . ����.• ' dule of dixhurumcM al ihr Nntc ratc und+hall hc puyable, wiih imcrc��,u�xm notirr I'mm Lrnder to Bonower requesting
<br /> �i., � '• .� ,. paymcnt.
<br /> '' S. Mort�age Insuran�r. If Lendrr myuirc�l monEagc in.urunrr +i+a ronditi�m ot'mukinF the losm.rcured by�hi,
<br /> ��„ Srcuriry M+�rumrm. B��rrower ,hull puy �hr rremium. reyuirrJ tu muintuin Uie nx�ng�iFr insuruncc in et'fec�. N'.for uny
<br /> ;,.• ,��;�': rrnxm. the m�►nguge inxuruncr rnverage r�quircd h�� LrnJer IupM. or ce:�+e, t�� tx in rftccl. Borrower +hull pay the
<br /> r . . ,:�:� ; premium� nyuind u► �ibta�in rurerage .ub,�untiully eyui��alen� �a the martgugr invurance p�eviou,ly in M'f'rct. at a co.t
<br /> .'r:,•,::.. ,�",";.;; rul►Mumtially cyuivalcnt lo tltr�u��1��Bnrruwer nf�he mortgagc inwruncr pr�viuu,ly in cf'fect. from nn ahernaie mon�;a�:e
<br /> . :'i�;,,` ' ' imurer uppmvrd by Lrndr�. U'+uh.�an�iull�•equivalcnt m�,n�ugc in.umrne ru�erage i.nut a�•uilable.Born►we�,hall�+uy to
<br /> � � ;i=. Lender each month a wm cyuul �u�►nr-t�vrlf�h of�hc ycarly man�u�c in,umnre pnmium I+cing paid by Barcawrr when thc
<br /> •;�"K,,„_ ' ,. �`_ , imuruncr cuvrrugr lap,rd ur ceu+ed ai Ix in rftcr�. Lender«ill urcrpl.u,e anJ rriain thrti�payment.a,a 1�►ti.reserve in licu
<br /> ',..;;::;-�.. ' • . nt'mon�a�c inxuruncr. Lu..rr.cn•r purmrnt,muy n�i lan�rn c� rcyuirrJ. at �hc uptiun af L.�nJcr.il'mnngagc in.u�unrr
<br /> ^i:�;:' ','� � , ' ra�•rrugr iin the�im��um and li►r ihc�xriuJ Ihul Lrndcr nquire.l��r���•idrd hy:�n in.urrr appr�►vrJ by LenJr�ug•rin Ixramr�
<br /> r ,;.�.. � .:.��,�ti�'. . ' avuilublc und i�nhtaincd.Hom���cr,h:dl pay the prrmium.rryuiird la nwimuin mongnEc in.ur:mcc in cFfrct,or lo providr a '
<br /> '4� •:,;.,"�., lo„re�crvc.until�hr nyuir.mrnt lirr nu►ngaEr in.urunrc rnd.in urrunlunrr with nm•w•riucn ugrermcm t+rtw�en H�,rrowrr .�:?,
<br /> � ,���; and LrnJcr ur applicuhlc laa.
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<br /> :" • ' 9. Inspection. Lrnder ur i�+u�:cn1 nui� m;�l�e rr:i,unaMc enlric. upun:ind in,�xrliun.ul'Ihr I'ru�xny. Lrnder,hall
<br /> �''��� � ' � givc B��rn�wcr nutirr at�hr timr ol��r pri��r 1a an in.�xrtiun��kril'�ing rea.onahk rau.r I��r thr m,�r�i„n.
<br /> I.'' . 10. Cundemnuliun. 'Ihr puk•c�d+ut:m� :i��:ud�x rluim lix Janta�.r,.Jircrl��r cun�eyurnti;d.in c�mn«IKm�cilh an�� " ^'
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