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<br /> pedods�lwt Lender rrquircs. The fncu�naQ canr�Qr providiny the insurwnaa ihdl Me chusen by Aarower�ubjoct to Il.endcPy
<br /> approval which shwll rat be unrcasonably wtthhcld IP Bamwer fpils tc►m+�inl�in covcrn�e descdbed abovo.L,e�ider m�y.u
<br /> Lender�s option.obtoin cover�ge to pnotact I,anderb�iahta in�he Propeny in acc�danco with puo�rnph 7.
<br /> All inaurance policia wK!rcnew�l�whnll 6e occopt�blc ta Lender wod zhall inelude a�ct�ndard mort�ape cl�uc�;. Lsnder
<br /> ahall havc thc right lo hold the poliaios�and rrnawalx. If l.cndcr rcqufrac,Anrmwer shAll prr�mptly givc to l,cnder ull rcceiplx
<br /> of pAid p�emiums uid ronewal notiaes, M tho event of Ios4,Bamwor RhwIl�Alvo�m►mpi nMire�M the inrurnnce cartior wid
<br /> Lender. Lender may make prnof of lAa.o if n�t mude promptly by Bomiwor.
<br /> -+�, Unless Lendcr und Borrower othanvlr�a agocc in writing,insuranca pmceeds khail be applicd tn rtsturutiun ur reprir uP
<br /> �_ �he damaged, if ttie n�stamtian a�rcpnir ix economically foACihlo and l.enderk sccudty i� na lc�gencd. If the
<br /> resto�r�pair is not econamia�tlly feuaible ar l.enderE sccu�ily H�nuld t�e les�.ened,the in�urance praceeds sha0 bc
<br /> applied to the aums secured by thip Sauu�ity Instniment. whether ar nM then due,wi�h uny excesg paid to Barower. If
<br /> Bo�rower abandons the Prope�iy,an daca nat unswer within 3Q duyx �nMice fmm l.ender�hat the insurance carrier ha�
<br /> ,� affered to settle u cluim.lhen l.emdar muy collect the in�urance pracoeds, l.ender muy use ihe praceed�tu rrpalr or reatore
<br /> thc Property or¢o pay sums seca�d by IhiR Secu�ity Insaument.whethor or not thrn due. The 3U�duy periad wlli begin when
<br /> U�e notice is given.
<br /> Unlesa Lender and Bortowa�ahenvi.r•e ugree in writing,smy applfcmion of prcxeed�la principul+I�ull nat extend or
<br /> :y pos�pone�he due datc of the manthly puymenrw referned lo in paragmphs 1�c�nd 2 or change ihe amoum uf the payments. If
<br /> ��_�
<br /> f��;.��• und�r paragraph 21 the Propeny in aaquired by Lender, Barmwer�right to uny insumnce policles und proceeds resWting
<br /> ` from dAmage�o the Property prior�n tha ucyuisition shull pa.�s ta l.end�r ta�ha extent of the xums secured by thir Secur�ty
<br /> t..�� . t;�� ' Insuument immediately priar to iha aaquisition.
<br /> . � ' t.�':'��,x�.�. G. Occupancy� PrcservAtian, Mnintenaace and ProtecHon of.the Properly= Borrower•s I.oAn Application;
<br /> -- :.��_:�,�.. ,���:,.���;f�',.T L e a s e h o l d s. B o r r o w e r s h a l l a:c u p y,eE a b l is h.u n d use t he P ro p e r t y ns Rormwr.r;princi p ni mvidence wi�hin sixt y da ys uHe�
<br /> the exrcwion of this Securiry Inr:tNmant nnd.r•hull continue to occupy iha Pmpedy us SarTOwer's princlpul rexidence for at
<br /> ���:;�*"<� "';�"•� least ane yeur After ihe datB of accupuncy, unless Lender aherwi� ngrees in writing, which conxenr 4hu11 not be
<br /> a � � � n^ un�casonably wi�hheld,or unlu+s ext�nunting circumstunces exix�which nra treyond Bortna�er�cantrol. Borruwer shall not
<br /> �',.�,y ,_y,,. .,_. .,;,:.•� destroy,dumage ar impuir tha Prapeny,ulluw the Pmpeny�o deteriormtT.or commii was�e an the Pmpeny. Borrower+hull
<br /> � • +"� be in defnult if any fart'eiiure uc�i�M or proceedi�g,whether civil or criminel.IF Megun�hat in Lender!v good fuith judgment
<br /> ` '�'s.��.'� ''' could result in farieiture oi tho Prc►perty or otl�nvise muterially impi�ir�he lien crenled by �his Security Insirument or
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<br /> - ��f�+,;��.��,�• � � Lende�l;security interest. Bnrtnwormuy cune such o default nnd reinxt�tfl,nn pmvided in pc�ro�ruph 18,by cnusing the uction
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<br /> ( ��i �i'��'��'��s�+�,�. • or proceeding to be dismissed with u rulln�e tlun,in LcnJrr:g�x�l fuith ds�arminu�ion,prcc�wle�:furfeltu�r uf the Borrowerk
<br /> �'� '' interest in the Pro n or oih�r mm�.nnl im irmem ut'�i� lien cn.uted b �his Securit Instrument or Lender� secudt
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<br /> ,� ,,„, interest. BoROwer snull uIM� hc in dafuuU if Bormwcr, durinb �ha li�an applicution proce�cs, guve muterially falxe or
<br /> •' �'�'��r �'''�• � �:•,J inuccumte information or stuiarnurnn ar Lendur lor failyd to pmvide I.endar with uny mu�eriAl infarmution)in connection whh
<br /> `�� '�,�''`'••15,... Ihe loun evidenced by the N�na. including, but not limited to, repruumlalinnr conceminp H�umwer� nccupuncy of the
<br /> ,.�'i'�•�.
<br /> d.�.�- ''li��. = FIU�1CfI)'U.l i1(NIIh:i�U11C111iCi1l:C. if itiin Sa�uiiiy iu+itunfe�ii i,.�8 a laar.�hntd,Rorrowar iha11 comply uish a!!thc prc�cisians
<br /> � " j� • of the lea�e. If Botruwer ucyui��:fca titic��►Ihc Nn��xny,�he leasehold and Ihe fee tiUe+hafl not mergc unless Lendcr ugrces
<br /> ;, . � lo the merger in wriling.
<br /> 1• �'� • 7. Protection oP Lendur'.y RiuMts in Ihe Pruperty. If Bnrm���ar f:�il+ to�xrforrn Ihc covenunts und ugrecmentx �
<br /> , , 1�� contuined in this Sccurily 1nr:Irumenl,ar th¢n: is a Icgal pr�xeeding thm mny .i�nilic+�ndy uffec� Lender's righ�s in the �
<br /> ,.fi,;�',� ' Prapeny fsuch a+u pnxeedin�In hnnk�up�cy.prohu�e,G�r rondemnu�inn or tiidri�ure ar u�enfarce luw,or regulutionsl,then
<br /> ;;,:;,. Lender may do und pay fur whntevcr in nrcrrrury ui pmtcr� thc:valuu al�hc 1'riipert�•und Lender:righls in�he P�-operiy. !��
<br /> �'a����•'• I.enderk uctiom muy include pnying uny+um�securcd by n lien which ha�priority ovcr�hi�Securiry In.�rument,uppeuring .' �W
<br /> ���' . in coun,puying rrasonublo auamuys' Ice�und en�ering on the F'ro�xh��tu makr mpuin:. Ahhough Lender may tnke uction
<br /> �#�, . under this p•rrugruph 7.Lenclur dac+noi hirvr�o du x��. �;".
<br /> j�j�, ' ° Any uim�unt�di.burt�..d hy IAndcr undrr thi� parngrupl� 7.hall hc:cumc addiliunal deM of Bc�rroµ•cr �rcured by this •.�� �'
<br /> +�,�• Srcu�iry Imtrumrm. Unlc,�f���rc.,��•rr and l.rndrr u�rec�o athr�irrni.uf p:i��mrnl.�hc.c uniuunt.yhsdl Ixar inlene+t from the '�^t�
<br /> '��;: Jute of ditihur,emcnt at N►u Naiu ratr und .hcdl he psiyablc.w•ith in�em.l.u�Hm nntirr fm�n Lcnder�o Hormwer requewling
<br /> � puymenl.
<br /> r: S. Mnrl�uRc Inn�n�ncr. II L�iklcr rcyuircd tnorlgagr in.urs+nar a,:i randiliun ul' mnkinF thc loan ucurrd by thix
<br /> ; ;� ;; , . Sccuriry Imlrumrnl. Bnmi��r��tt�dl pi�y �hc prrmium.rcyuinJ ia muinu�in ih�mortgag� iu�umnce in cttc�t. II: tor uny
<br /> � mu�on. thr mongugc inr.n�'ant•c ruvrrago rc��uin•d b�• I.rndrr lap.�� or rea.r� to tx in cfli•rl. Borto��•cr .hall pay �hc t:"
<br /> � premium. reyuircJ tu ahuiin ruvrmKr ,uh,�amialh rqui�•alem lu thr manpii�r in.unmce prrvinu.l�• in rt'I'ecl, a. u co�l fiC;.
<br /> �ubslanliully cyui�•al�m��1n tlw ru.l lu Rurru�ari ul'II►�nNe:lg:+�c iu.w,ut.e pr�•�•iau.l�� in c27.•Q. Bo�u.w ahcinu!r mitrt�!ugC `�
<br /> inxurer uppr�i�rJ h��L�ndur. 11.uh,tunii;dly�qui��alenl mun�:�ge in.urunre cu��er.�gc i�nul a�:�ilahlr.Borrowrr+hall pay to
<br /> , . L�ndcr r•rrh man�h n num rya:d tu un�••iw•rltih�,f th�•ye:irl� mim�a�c in.un,nr�rr���������,r•���,� p;iid by fiorrowcr wlxn 1hc
<br /> ^ inxufrnce cuverug�lupr+�d u���ati�•J I�i h�in e(tect. Lrnd�r«ill ar�•rpt.u�r:ind rrl��in the.e pa}•ntenl.a,u la..r�.rrvr in lieu
<br /> , ��f mon�!ugr in.urunrr. Lu.. n.�•nr pm•mem• ma}• na I��nger fk rrquirrd. a�t th��u��iian.�I I.�ikl��r. it'manguge in,urunre
<br /> ' � .'.;, coveragr lin�hr uroaunt m�d li�r tlk perind thai Lrndrr nyuin.l pro�•i.l,d h�•;m in.urer�ippn�vrd h� l.endcr uguin hcrnme. �;�
<br /> •:''�•�' uvailuhle and i,oh�i�inrd.liumrn�•�'f�{IiIII�1:IV II1C�1RII11UtlN IYt�Ulfl`lI IU I11Allllit111 IIlU11Z:ap��irnura�x•r in efl'ec1,ur to providr u
<br /> � 1' �� ' �' los,rc.crvr.until�I►a rui�uircua�nl lur mnngagr iii.urunrr r�xi.in arr��rd�uu•r a•i�h un� ��ritten a�grcrmrnt he�u•ren H�,rn�wrr �
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<br /> .. . • • und LrnJrr ar:�pplicnhlu h��+•. ?.�
<br /> :; i • 9. Inxpectian�. l.cnder ur ilti,i�:rnl ma� m;ikr rca,unaMe rntric.u�xm:ind in.�x.tiun,��I'Ihr Properly. l.rnJ�r tihall :�'.;,
<br /> r��; " � givc Borra��cr nulicc at thr liuu��I��r�mar tu;m iu,prdi�m,�xrif��ing n:�.uiu�hlr r;w.r I�,r Nic in.�krlion. ''.1'.
<br /> �'� •; . 10. G�pdemnultan� 'lb�•pr�k•�•cd.��f am a��;�rd ur cl.um fur d:un:�Fx..dii��ct u� .un..�yuenlinl.in ronnrclion with:�m�
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