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<br /> :_ �, periods that i.encler requires. 'il�e.insw�ance�arieF providing Qk insurance shall be cMsea by Bojrower sublect co[sader's
<br /> � approval�hicA shal!nw be ance.uanabiy witht�eld. [f Bormµer fails ta m�intain mverage descri6ed utx►vc.L.ender a�y,at
<br /> _ � Le[xter s option.ohtsin cover�ge to pr�tect Leader�aghts in the Ropetty in accordan�e with paragraph 7.
<br /> - � Nli insurastce policies and rer�ewals shall be acoeptabM to Lender and shalt iactade a standud mortg�e rtause. txnder
<br /> --- - st�alt have the right to hold the policies and ccrtewats. If LeQUfer requires,gur�i��er shaii pmmptiy pve ro Lender a11 receipes
<br /> � � of�tid premivms and�tenewal notices., In the event of[ocs.Botrawer shall give Qrompt notice to the inwrt�ce ca�rier and
<br /> - --. . [.ender. Lender may make pmof of loss if not made promptty by Barrower.
<br /> - - - �`� , Unless�.ender and 8arruwer othenvise agree ir�w�iting,insurds►cr psocceds sha[i!�e ap�lied ta resto�atefxs or sepair of --------
<br /> - -�=� tHe pr+uperty damaged.if the restaration ar�epair is economiralty Feasibte:ind Lender's serurit}is nat.fessened. if the
<br /> - •restoratia�oc repair is not economicalIy fes�.sibie or Lender's secudty would be Iccsened.the incurance praceed�shall be
<br /> - applied to tM sums secumd by this Securiry insaumen�whether or nat then due,with any excess paid to Bonower. If
<br /> Barrower abandot�s the Ptoperty.or dces not answer within 30 days a notice fram Lender tt�t the insurance carriec has
<br /> '• offeceif to,s�tte a ctaim,then Lender may coltect che insurance proceeds. Lender may use the pracee�s to repctir or restose
<br />. - - the Property or to pay sums sectued bp ttus Secarity Ira�n�en�.�hethe�or not thcn due 'Il�e 3d-day perits�wi116egin wher� _
<br /> ttie notice is given.
<br /> Unless Lender and Borrower othenvise agree in w-riting.any application af praceeds to p�irt�cipal•shatl nai e�ctead ar
<br /> - -- ,� postpcine the duc d�ie of ttre monthig payments�efe�red to in p�ragra�frs!and 2 or change the amount of the p�yments. If - _
<br /> _'`:�;S -.� under para�aph Zl the pl�operty is acquired by Lender.Borrowers right to any insutance policies and proceeds resutting =
<br /> � � fivm damage ta the Pcoperty prior to the acquis:tion shall pass to Lcnder to the extent oF the sums secured hy this Serarity __
<br /> � Instrument immediately prior to�te acquisition. �r=�_-
<br /> � • 6. Occupancy, Preservation. M�intenance and Protectlou ot the ProPertS': Borrov�er's l.�n Appiicattan: _
<br /> � i,e�se6olds. Borrawer shali accapy.esiablish.and ute the Properry:�Borrower'.s principal residence witf+m sizty days after ;�'�
<br /> the execution of this Security inm�ment and shall continue ta occupy the Property as Harrower's principal residence for at `�'+
<br /> . - �� te�t ane year after the date af•occupancy, untess l.ender:otberwisc agrees in writing, which consent sEra,'t rs#�,be �'°`
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<br /> � . .:ti . uunasonably wiihheld.os unless ea�tenuating cireumstau�ces exist which aie beyond Barrower's conuol. Borrow-�r�no! �.--�
<br /> `��:<`` a1esu+oy.damage ar impair the Property.allow the Pcopeny to deteriorate,or commit waste on the Pcoperty. Barr�v�.cc s�aFl . �T-
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<br /> ;�;,:�r:.�� �_ ,°` . be in default�f�ty forfeiture actian or praceeding,whether civil or criminal.is begun that in l.ender's good faitfi judgr�eqt. � ;.r:.:__
<br /> �+ �,,� �.' ='. could r�sult tts lu..�feiture of the Property ar otheswise materially irs�paie the 1[en creatcd by this Securiry laswmestt ar �
<br /> .. �"�•` � Lender's sec�nv�•izteres�t. Bea�ower may cure such a defautt and reinsta.c�as provided in paragraph IS.by causing the act6on �
<br /> � � ��v � � - ��roceeding[0 6e dismiss�ditb a ruling[ha�in l.ender:s good faith�de`tecmmatian,precludes forFeiture of tfie�nower's `''� -- - -- _
<br /> 'F� � • i�tiest in the Property or atLer materia!impairment of the lien cteated by this Security Insm�ment ar Lendrs�urity ,..
<br /> . . isrterest. Bomawer st�ll also be in de�uL if Borrower. durin� the foan applic�rn�n process. �ve materiaTSF� taL�e or . • . `--_—
<br /> • :� � '� inaccurate infoanation or statements to Laicf�(or failed to provide Lertdec with any material inforesaziop)in connaction witti •. � ='s'�:-
<br /> y �,;.�'.� the toan.evid.err�:ed by the Note, inciwct�;�.t�ut not limited to, repreyentations conceming Bc�rR.sr:er.'s c,ccupancy af ti`._ -;_�.: � - ��"
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<br /> '"� ;� �j�r.[y as a pncipal cesider�o;;. �Tf i:rs�3�ity lr�strument is on a leatiehold.Borro�ver shall cott�l :�:�;:�al!t1x.��visioas
<br /> ��.�;r��` efi3.�.::dease. Yf Borrower ac�u:r.r=iee tiz�::��-w:r Propen�•,che tea�eho►d and the fee ts�%��all not mecge untes L��ri��gee�s , —.'
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<br /> � � r� ��•�tiL^terger itt writiag. .. . . �.-`� _ �.
<br /> ' .,. ` ��'a� ' �� Pim�ee�tion of l.eridev's Rights ua ti�e Property. If Borrawer fuils to perfarm the covenan�t and agcements ='-� =
<br /> '�,•:•��• eontained ie� c�s Security In.ctrument, or��re is a legul proceedin�that may significantly affert Lender s rights in the � . ��
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<br /> � :.,;`�,.;, •.'.:� : Property(sucE:as a proceeding in bankru^r:r.y.prabate,for condcmnation or fadeiturc or to enfome:atics or resulatirnu).then. _ 's_•�•,
<br /> � � ��' Lender may do and pay for«fiatever is necessary to protect the�alur of thc Pcaperty and l.ertder's ciLGhty in tf�:'�roperty. . �'.��
<br /> � ;•�;r�� Lender's aedon.s may inetude paying any sums+ecured by a lien whieb has priority aver lhi.r•Security Imtcumx�':.-a.�.�earing , _-
<br /> �':_�;� :• - in cou».paying reatianable:�r•omeys'fees and cntering on ihe Proprrty to make repairc.Although l.ender ts�r�w�s action � , __
<br /> ' under this paragraph 7.Lender dces not have to do,o. ,.'s_:=
<br /> , '.� �_ Any amaunts disbursed by Lender under this paragrapb 7 tihall become additional debt af P1n�R�«����a:�.'�ace3 by this � � �•- _
<br /> ' ,-,�:' , Security instrument. Unless Borrower and Lender agrce ta othcr terms of payment,thetie amounts c',��r,k:;,�a:.irn.�:��fiom the � ti• �'1���=-
<br /> � .��• _ ' date af disbursement:,t the Note ratc and yhall bc payable.with interetit.upan natice f'rom Lender't,��:�mt.��c��uesting • _
<br /> �`-�_ ^�ent. ' , . ;_,�-.
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<br /> '�.t. S. Mortgage Insutair�ox. If l.ender reyuired mangage in�uraace as a cundition of making th�4�aso.Y..r��'h}+this
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<br />, � '•�����'`--� � :�.,�:ily lastru:^ent, 8orrowcr tihall pay the prcr�iums rcyuired ta maintain"thc mortgage insura�r.e. i�t�effecl. If.far any
<br /> �� ' ' � reasan, ihe rrtn:�ra e insurance cavera c �a�uired h Lcndcr la �c� ��r cca�eti to bc in cffec�. �a-rawer thall pay [he.
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<br /> '".��' � -;,:�'',." ,.�:•,.i,` , premiums req�:�:,d to oi�tain coverage �u�>`.,:::.tially eyuivulem to �he murtgagc inrurance previc+;c:�y in effect. at u cost �.� � '
<br />:.��`;'". =�: . substantially equivalcnt ta tL.e cost to Eo-�c�:,:c�f ihe mnrtgage insura::;.�previausiy in cffecl.from an attcmate mortgage , ,. ..
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<br /> . `7,"�_, �- '" . . ��surer approved by Lender. tf substanu�a:Ii.;-,r_ic�.;,'en::nartgage insurdzce cover,:�e:�nu�availabfe.Borrawer��;�'.i.pay to • -: .
<br /> ' ,,; � ' ,_ t�nder cacb month a sum equai to nnc-tu�`:c:�f:•'.-:q��:��3 mortgage::�arance pr�.-:r:.:rm heing paid by Bnrrower sc:hen the . . .�;
<br /> . •'��, : '..�:;�,:`i ;,,surancc roverzge lapsed or ccased to be;r�ef._',:ct. Lrt�aar witl acccp�.a,..�and retain there p.�ymen.s s�s a fa��.resesl•�in lieu �• `L;•�
<br /> oi mortgage tn�:u-�nce. L.otiy rcrervc pa�,-u,�.muy no fonger be r,ii34.'IL1�.at the nptinn af t.crtdcr.iP mnrtgage insurance
<br />, � � ;�„�=� � ��"�'+�� wverage(in tl��:i::-aount and far the per.o�Gaat Lcnder rcquirerJ pm.�i3.;�by an in�urrr approved ta�G..ndcr again becameti ' . • •
<br /> ��.' .� ' '?�';'� : ..::`; ��' �y�il�ble and is�3tained.8a:�rcwer shall p:�y the prcmiumti rcNuired tc�:��:main mor_agc insurancr:::ffctl.o�r},�tmide a �•
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<br /> '"� '`'' Iu�.reservc.until the reyuirz-,:�.t for mongagc in�uramc cnds in xccor,'.�acc with�.ny writtcn agreement be[K.cr,13orrower •
<br />. ���,.,t�;�`;' .,. a:tdLendcrorappficublclas,
<br /> ,._ _ _ 9. ttt_�p�.ction. I.ender ar its agent m:�y maka reatiunabic cmri�u�:,nn:md inspections oP;'-sv Prnpeny. Ler.3cr tihall ;
<br /> . . ,�'';,'1i givc Botro:�u�>,oticc t�i Ihe tim.,��f�>r priar u,an impcctinn�pccifyin_�:::i,on.ihlc cau�c fin�hc i::;n�,::ri;�n. (
<br /> • • ' �'.;f 10. Q:o�deannatlnn. The proceed���f any aw:ud ur claim fur ct;;r�_,e�.direct ar cuntic��ucr.:�._�.��connec�ion with any ' :
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<br /> ' . �:rreiluYe�HUemesyF�v-�.'it�.� ' '
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