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<br /> '� periads tliat i,ender t+equiRS.�e icuur.�noe cacrkr providing the insar�ace shall be chosen hy�8or�aer subject to l.ec�der's
<br /> _ �" �apprnval which�shall aot be u�ueastltt�bly w�thheld. If Borro�rer f�ts to m•rintain cove�age descn'6ed above.l.snder.may.at
<br /> — 1 ender�optian.obtain caveaage�o p�atocc Lender's dgt►cs in the PtanertY in aa:onlance xrith p�apaph 7.
<br /> ` ` All insur,usce Policies anc!ruxwals s6alt 6e accep[abie to Le�ier and shaU include a��s !uort838p etause: Lendet .
<br /> shati•bave tix right to hold tl�c policies nnd[enewals. If Lcnder t!e9uifts.Botrower sha�l ve m Lendcr sU rocei�ts
<br /> of pidd praniums aad cenewal nonca. in the evcnt of toss.Bortower shaii give prompt notice ta the insusarice rarrier and
<br /> _ � l�ender. Iander m�y�n�fce proof af toss if not m�de pmmptlY bY earroWes � :
<br /> ' Unte�.�Lender and Batraw�r otAeiwise agtee it�writin4 isi�'as�nce proaeds stra3l Ue applied to riest�atioa os r�pair of
<br /> the Qtopeity damaged,if the restaratiao ar c�xiir is economicaliy feasible and Lender's security is aot tessened. If the
<br /> cestQr+tion or te�ur is mt eca�omicallY fta�'�bie w t,e�rdee's sec�uity wcsuld be lessened,tbe insurance Pmceeds shall ba
<br /> -_._ — applied ta the swns secunid by this Security Inspu�ecw.wh:i6er or not thea due.with any excess paid to Bomnwer. If
<br /> -- Boaower abandons tIse Ptap�rty.or dces r�ot�swee,w;ithin 30 days a notice fram ixnd�thal the insuraax casrier das
<br />-- — a�ered to s�ule a ctai�th�e.Leade�may rnitect the iasu�ance proceeds. Lender may use the pmc�eGs to zspair ar restore
<br /> `� e�
<br />-°`;� t5e ptoperty or io pay st�ms gecur•�d by th9s Security IastrumenG whetixrar not theadve. The 30-dayperiod wiil begin wfien
<br />_= the mtice is givea � � shall r►ot exceM ar
<br /> Untess Lender and Bormwer otheiwise ag�ee in writing,any appiication of pmceeds'rss p,�ipai [f--
<br /> e
<br /> � ' pustpone tT�due date o8.th�mnnthiy PaYmeius referted ta in paragraphs i and Z o�change�:�sme of the pa.Yments-
<br />'�'.`�'� wuter paragraph 2! tbe Pkopercy is acqaired by Le�v;Smmwers right to any insarance'�SC�c:es.and p�resulring
<br /> from,danoage tu the Pivge�ty pnor to tiie acquisirion sltial]'�ass to l.ender ta the exteat of the sums secun��uv_;dris Security
<br /> � insirument immediateiy ptior to the acquuitioa. ���+5 � A Ikat�;
<br /> `-':'<s 6� t)oarpaac� Pceservation, Malnieaance and Pirot�ctioq ot ttie Peoperty. PP
<br /> � L e�e 6 o l d�. B o m nwer s�all axu p y.escabtish.and use the Propecij;os Bormwer's pnne�pal r�id:�ice withi�sixcy days afteA
<br /> .A�,i the exxuti�of this Securiry Insuument and shall continue M occnpy the Propert3'as Borm�-ar��rincipat�esideace for aE: _
<br /> `; •� teast one yea� after tL'�date of occupancy. unless Lender otherwise agrees in writiaL a�,3�e conse�5halt.not 6e
<br /> ,� un�sonably withhet�a��nfess extenuating ciicumstances exist which are beyc��';3arev�ers��orrtml. Bniiower shall not
<br />. • � destroy.damage or im�a�t'he Ptopetty.altow the Property to deteriarate.ar ca�vnm»a�cxz�P�+�PenY. �On°wer shalti
<br /> . � �;�. be in default if any fodeiture a+etion oe proceeding.whether civil or criminal,is begsi�t�e i3 L•::�.�er's good fa�th lndgmen�
<br /> . ;,1 could cesutt in f o r feinme o f t he P r a p e r t y or o t h e r w i s e m a t e ri a l l y i m p a i r t h e t i e n c r e a t e d.L-�?~+i�s Securi t y instrument or �--�
<br /> - '- - [.eader's.security inee�est Borrawer may cure sucf►a defaWt and reinstate,as provided in pa�^�s�,at.�18.by causing the action _
<br /> •`'��• or proce�ding to be dis�i�sed with a ruling that,in Lender's good faith detemi � f^ preciud�s sorfeiiure��iste Borrower's �_=.
<br /> • �"- �inte�st in the Propecry or other material impairme�of the lien created by thib 5ticurity Instrument or'��a��er's security �,;,�
<br /> , •.i_ irt;erest BaaoRer shaft alsa be in defauTt i f aorrawer,ciuring [he t o a n a p�L��t i o n p r a cess. g ave er�t�ll y false or �,_.�_
<br /> �. - inaccurate information or statemenu to!.�►der(or failed to pmvide Lender with any materia{i;..FZ3mation?�•����tion with ----�..
<br /> '; the laan evidena�d by the Note. inclading. but not limited to, r�zes�ntations conceming��rrower's:��ancy af the, ��._
<br /> Property as a principa!residence. lf this Secunry lnstrument is an a��sehotd.Bsirrower sha�j'�os.?z+�1y wi��•-he provisiar� �---
<br /> of the le�se. If Boirawer acquires fee title ta the Propetty.the leasehaId and the cv�citle shalt not merge uc��sTi,�der agees �
<br /> ?-:=- to the merger in wri�:- r_ • ��
<br /> ' -s• 7. Protect���der's Rights in We Property. 1f Borrower fai;�:�Ja perform the covenants and agrecment,s ,_
<br /> � ,U��• contaiRed in this Seu�:ttitr.•3nstrumenE, or there is a legal proceeding that ma��ss.;nificantly affec�t E.ender's rigfits in the
<br /> -� ,. robate,for conQemnation or farE�.`*e or to enforce taws ar regulations>,then . `'���
<br /> . r ��;�y,i, proPert�:Ssc�ch su a Qi�+-:��"��9n banlsu��tcy,p ,:�, _
<br /> '��f� Lender�rcay�and�����r."a:whatetiec�+necessary to pmt�ct the value oi the Ptj:�;,ecty and l.ender'.s rights in the Praperry. . .
<br /> ' 4 .7k ; ,.T`�'� —
<br /> � , •, � Lendar's act?�c�.S s��•;z�dsir.e paying as:y sums secured by a lien which fiac priU�ae�over this Security[nsirument,appeanng ,;. T
<br /> si '�' �^ in court,payMY�s�l;�"attomeys'fees and entering oa the Propert}+to make repair,. Althougfj Lender may take acuon � � �
<br /> :n#��":•�!�•
<br /> :�, , st+,;+•,;,«< : under this Zs...*-�A*�uph�7:F.cnder dces nct nave to do so. � • `*`
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<br />., 1_ ��: ; , qrc�:�:m:,�:�.�e c�"t5hur.ced by Lertder under Ehis paragtaph 7 shali hecome additional debt o£8onower secured by this , r_. . ;_
<br /> !i�%+�, �.. Security�.a�cv_:nent. Unles�Borrower and l.ender a�rrec to other tcrms of payment.these amount;shalf bear interest from:L-�� ..�;�� . • . r�__
<br />"`� Fys��. date af dr�4s5emect;z:the Note rate and shal}Uc payabte,with intcrest.upon notice from Lender to 8orrower reqaese:c� , . __
<br /> . •`��,�; ,. . payment. . � !
<br /> �. _ ,�,ar-�. g, ;41��'�Ti�t�.-ance. If Lender reyuired mort�e insuranre ac a cc?ndition of making the laan seeured by N'r� _
<br /> � f11 ,r�,�;;. Security�,:�.nam�r-�,°��:*'ower tihal!pay�he premiums reyuired ta maintain t'.k:•�nongage insurance in effect. li for z�y a
<br /> ; . ;� ,�� �i;F� rea.�on;�9i�e rs.�r.��:.::surance caszrage requimd by l.ertder ��,�:r.:s or cease� to he in ef`a�. Borrmver shall pay ��� �. .,�.;;,�•:
<br /> f;=:'.
<br /> .' -:$� � ptemis��+;,:l�,aired r���'��tain coverabe �ubstantially equivalent r�, ;u� jnort�age inwrance.����usly in effect.at a�p�t:� ;:�,,;ri^-
<br />• ' substar.tia�:y equirz�v„LU:�the ca�t to Bonowcr af the mangagc insurance prr��:�isly in ef�sx�!.�am an a�'emate mongage • �tr_
<br /> ' • "' �. � , insurer appmveA 6y�:���S�r. •If substantiaily equivalent mortgage inhurance�:�>tr-.;:,;e iti not available.B�c�•sv:r st►all pay to '
<br /> � � Lcnder each month a'-�n equai ta one-t�celftb of thr yearty martgase insur�r,.�:r.rt:�ium being paid hy::�r�_rtver when the , _
<br /> � . , , --_
<br /> � '-:� ' ° in.tiut�.w�r:overage laysed or ceased ta be in effecK. Lender will accept.u�c an�:rx:sin Ihe�e p:�yments us a'i���.*�s�rerve in lieu
<br /> .:�.
<br /> '�ti. . � _ s,� �� �' of mvn�,�+;-e insurance. Los�re+erve paymcntv may nu langer[se ceyuired.'at ti�e uption��f L.vnder.if mottg�c insur•.cee _
<br /> _ r.+ • y P Y' ' P��,*!cJ by l.ender again becoa��:}
<br /> , cover.�g+:tiia the umount and for the peri�xt�hat Lendcr re uiresy ravided b �n.murer a •
<br /> .€�r�.��� `'.' available and ic obta3rn.3.Bormwer shall pay the prcmiums required tn maint�in r^ohgage in�;u.��nce�n effecl.�r to pmvid:,� � .
<br /> �. •H,•; �a;r, ""'"'�• •' loss teserve,until the r�•�lirement for man�u�e intiurunce endti in uccurd:mce��:aSi��y wri,:::agreement beia�een Barrower ;;� � . .
<br /> .� b f- s
<br /> �•'. �:, _�.''.•• � and Lcrtder or applica�:e luw. . .
<br /> ' R�:'`�-,�'t��r : 9 Inspeefion. Lender or its agent may make rra+unabic cntric.up�n:in�!in.��c_=ionti of thr F'roperty. l.ender shaU '��
<br /> ' S r'`�;�,�,';�!E',. give 6�c�rrower noticc at the time of cr�priur tu:m in.�xctiun specif�i��rca�onabte ca:.:y��M�r�i?e in�pection. ,.
<br /> ��. �
<br /> �r:�.;. ,`�..; �:�. t�odemnadeo. The prcxecd�nf any:nvard ur cl.ii�n for d;tm:ige�,c.� ca;r:�- �.r:,,li::rtial.in connection wi�h.ai;y.
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