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<br /> � perlodc thwt Lender roquiR�. The inxurance curicr pravlding the inaurance shpll bn clw�en by Bonuwer wbJect t�Lcnde�h
<br /> . �pprovd whicb chall not be unmasanably withheld. If Borrower fAila to moimain covera�e dcKC�ibed abova.L,ender may.at
<br /> l.ciukr�optian,obt�ln coverage to protec�Lendert��igh�s in the Propeny in uccordancc wUh parngmph 7.
<br /> All insurance policks and renewola siwll be Acce�able ro Lendcr w�d xhull includc a etand�d modgaye clouue. Lender
<br /> , ah411 have dte right to hold thc pt�licics ond renewuls. lt L.cnder n�quinw.Burn�wer xhall proinp�ly give w Lendc��II recciMs
<br /> _ uf paid prcmlums and renewal ndice�. In lhe evenl of los.r,BoRawer Rhwll�ive pmmpt notice to Ihe in�urw�co cartfer wnd
<br /> L.endcr. L,endcr may makc proof oP losx if not made promptly by Bo�rower.
<br /> Unles9 Lender and sormwer Mhervvfse agrce in writing, inGUrunce prcxxrelv vhall he i�pplieci lo rrv�orntion or repair of
<br /> ,'f the F�openy dumuged, if�he rextorudon or rcpnir is ecanomicAlly feasible ►md Lender+ �rcur�iy is not lewxened. If the
<br /> rcatornlian or repair is nat ecanomically fes�sible or Lender� Securlty would be Iessene�f. the in�urunce proceeds Fhull be
<br /> appljed�o the Auma secured by this Security Instrument. whether or nc�t then due, wllh any exress pnid to Borcower. if
<br /> Bomower obatdons �hc Propeny.or dae�nat answer wilhin 3Q duys u nc�ilce fmm Lxnder that the insurnnce ewrier hu.v
<br /> offon:d to retNs u claim,Ihen Lender mpy cc�lleci the insuroncr prc►ceeds. Lender mAy uce�he praceedr ta repnBr or restor�e
<br /> tho Property or to pay sums secured by Ihix Security Imurument,whether or nat then due. The;(Mday period wfll begin when
<br /> th�naUce is given.
<br /> Unless Lender ond BoROwer otherwixe ugrre in writing.uny upplicution af proceeds to princip�l�;hull not extend or
<br /> post�►ne the due date of the manlhly puymenis referred to In puragraphs I und?or chnngr the omount.�f the payments. If
<br /> under pnragtoph 21 the Propeny is acquired by Lender. Borrower� right to uny insurunce palicies und proceeds resulting
<br /> �` from dnmago to Ihe Property prior ta the ucyuisition shull pusx to Lender to the extem of the xums secured by this Security
<br /> • � Instrument immediately priar�o the acyui�;iiion.
<br /> "'`` ' � �, 6. Occupancy, Preservation. Malnteaonce And ProtecNon of the Property; Borrower's I.oAn Appllcatlo�=
<br /> - ' ;�-r_•�t,1���.7r I.easeboldv. Bura�wer shall ocrupy,estnMi�6,and usc ihe Proprny a.Borrower's principul re,idence within sixly doyx after
<br /> " ' � -- ~�•� � the executian of this Security Instmment and shall cnnlinu�to�xcupy the 1'm�rty ar�liarrower's principul rcwidence for stt
<br /> �' '���i�`�.�.• -•1, least one yeur aRer Ihe dulc of accupancy, unless Lender otherwixe ngre�s in writing, which consent tihall not be
<br /> s ' - unreuwnubly withheld,or unless extenuating circumstuncex exitit which ure heyond Bormwrr�contml. Bo�rower xhull not
<br /> ��`' � '' destroy,dumage or impnir�he Pn►peny,ailow�hr Ropeny to deteriorutc,or cnmmit wu�tr on the Propeny. Burrower shnll
<br /> .+��,^ �,,,- be in default if any fort'eiture uction or praeeding,whether eivil or criminal,is be�un thut in Lcnder i g�wd fuith judgment "
<br /> ' rould result in forfeiwm of the Ruperty or otlmrn•i,e mntcrially impair the lien rreuled by this Serurity Instn�ment ��r
<br /> . !f,- . ��"' ' L.rnder's xecurity interest. Bormwe�ma,y cun�sttch a clzfuull und�+eimlale,us providcd ln purugruph I 8,by cuu�inR the uc�ion
<br /> ,� . � , or pr�xeeding to bc dismi�x.•d wi�h a ruiing tliu�,in Lcnder+gaxl fuilh detrrininution.{x�:clude�ti�rfciturc af the Borrowcr+
<br /> ; - ,. " ° intcrcst in the Propeny or other matcnal imp�irtnent of �he licn creuted by �his Scruriry Im�n�men�or Lendcrti xeruriry
<br /> ��,� .. intarer:t. Bormwer shAll ulso be in default if Burcowrr, during tlx loan uppliculion pr�xc+s,ga�•c muteriully fulse or <i;;
<br /> , � inuccurate infortnation or statemrnt.�o LendeN�x fuiled to prnvide l.cixlrr with uny matrriul informationl in connectiun with ;;:;�
<br /> . ° � tho loan evidenccd by the Note. including, hu� nat limi�ed �a, �pnurmutiom rnnreming Bnrmwer� ixcupuncy of the
<br /> ___ •���•r�� ,: •;...:.• Propeny a.a prinripa�mx+dence. If Ihix Serurily Inurument iti on o Iraxehold.Bormwer shcill camph•w�ilh all thr provisiom
<br /> ��,�"'� of Ihe lea,e. If Borrower ucqoirez fee title lo the PrcMx:ny.�ha Icuxch�►IJ nnd�hc fcr titic shull nnt merRe unMxs Lendcr ugn�.
<br /> ' • . to thu mcrger in writing.
<br /> ` • 7. Proteclton oi'Ixoder's Rights b the Prupertv. {f Borrowcr fuil+ to �rf'orn� ihe cov.:n�m. und ugrcemem.
<br /> t . :,�t;',';�,,, ;,;:1:, :''' contuined in thix Security lnstrument, or them i: a legul prcxrredin�e thm muy +ignitirnndy ufl'ect Leuder� right+ in the
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<br /> .'�-�•.,, Ro�ny(such as u prcxceding in bunkruptcy.pr��hute,(or condrmniuion ar li►Hciwm nr tu rnti�rrc law•�or irgulutions),then
<br /> . �';`;`•;';,,t. �, I.cnder mu d�►unJ u ti�r whu�ever i, nerrs+a to n�tec� �hc valur uf�hr Pn► n•and l.enJcr: ri it. in�hc Pro n
<br /> , ;..�%,�; Y p Y 4' P Fx' ) £� Ik Y•
<br /> •;��t+��''' Lender�actlonx mu include ,� m ,�ny.um..ecuRd b u lirn wbirh ha. r�arit i►ver Ihi.S�ruril lnrlrument,u urin�
<br /> ,t � ."�� .� Y P'Y� F ' Y P � Y >' PP� b
<br /> f�''� � in couh.puying rcuuxiublc uuorncy.'I'ec,und rmcring on�hu!'nqxrn�• to mcihc rrpain, Ald�uugh l.c►xkr muy tukc uctiim
<br /> ° `��•� ' under this pnraFr•rph 7.Lrnder Jcx.not hm•c to du,o.
<br /> �1'�����•• , Any um�nmlx di�huncd hy Lcndrr uixlrr�hi�piir.i�ruph 7 ,hidl Mxumc aJJili�Nml debt ul'R��rrnK•cr .rcured by thi. '
<br /> �i� Securiry Ins�rumcnt. Unlr.�Burcrnvrr und Lrndcr aEr�c lu nlher Icmi�ol�p�i��tncnl,th��r amuunt,,hul l h�ar intrrr.t from�hr
<br /> dnlc of dishurumrnt at �hr Notc rat.und.hull Ix puyaMr,wilh inl�rc+t,u�wn m►ticc fn►m Lrndcr tu Burrowcr nyursling
<br /> �� puymem.
<br /> �:,;, . 8. Morf�oRe Insurance. If Lrnder reyuircJ�nnrtgagr in,ur:mrc :i,u rundi�i„n��t'mahing�he loan tircurcd by �hi�
<br /> + •• Security Inxlrument. B�irrm�•cr shtdl pa�• Ihc prrmium,rryuircd tu ni.�i�n.�iu �iir mungagr m,urun�c in eff�ct. II'. ti►r uny
<br /> ;��.•;,� . � F F b y 1 p.�y Ihe
<br /> I ' ::•?,: ' reuson. Ihe mon u e imuranrr cm�eru�e rr uired h}• Lrndrr la nr. �x cea.r. t�, Ix in rf terl. Fi��rn��v�r shull
<br /> ' premium. reyuimd ro ubtnin ri�ver:�gr wh.tanliull� rquivulrnl a� 1he mon�u�r imuranrr prr�iuu.t� in rt'Icrt, al a co,l
<br /> ' `•;, tiub.tuntiully cyuivalrnt to�hc co,t tu B�►nu..c� ����h� m.tinr.�t� in••ur:inr,prrei��u•.1.. in rttcrt.Tru�u an�dtrmutc mort�!ugr
<br /> R inxut�r upprovcd hy Lrndcr. It'.uh.l:mti:dl� ryuiv:drrn nwn�::��c in,uranc.cu�rr:��r i,nu� u�ail:ihl.. Aarm��rr.hall p:q•lu
<br /> *„• Ixndrr each momh i�tium ryual ta�►nr-n��•It'th ul�hc �carh mungu�;e in.uranrr�nemium t►�in�paid hr Hi�rrourr w�h�n Ihr
<br /> ��,`� � �. - � inxurtmce rovrrage lamcd or reu,ed In tk in rttecl. Lrndrr a dl urrrp�.wr and rcl:�in th�x�,��rnrnt,n.a I�n�n.crve in lieu •'-
<br /> . �.�;��}� B F I'� 5 b I I �''b
<br /> ,,y, nf mon u e in�urunce. I.o�.rc.rrvr �ymrn�. mci �iu lun�c�Ix�rc.uired. ;u �h<<>>ti��o ul Lrn�ler. il mon a�e imurancr �y,'"
<br /> " !;,�:�::� . coverngc lin Ihe am�xmt und li�r Ux�xri�kl Ihat l.ender r�yuirc.l prurideJ b�•un in,urer:�ppru��J h� Lrnder i�guin Ixromc� ��•
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<br /> ',�:., .,r', • uvailahlr and in obtained.Horro���rr�hull p:i� tlk premnm�,rcyuir�d h�nu�inlam nwrt�a�e in.uranre in efterL or���pro�•iJr u
<br /> .s, t' t, ' loss rc�crvr,umil thr rryuirrmcnt liir monE:�}.c in�ur.�ncc rnd.in urrurJanre��ith am ��ri►t�n:�pr�Ynwm ixtwrrn RotmNrr
<br /> t;`,`� ,''t and Lrndrr or a�lirahlc la��•. '
<br /> �;�, • ��" '. 9. Inspectiun. Lendcr or it+:i�cnl ntu� inal�e na.�maMr rnu•ic.upun and in,�xrUun,u(Ilx 1'ro�xrl�. Lrndcr.h:dl
<br /> ;.�;•�. .
<br /> i F ' .� •• � �tivc Bnrruwcr n�nirr;u thc tinx u(��r�xiurto :m in,�x�iiun.�xrillin�r.:�,un:iblr rau,r lur�hc inyrctic�i. �
<br /> 10. Condeptnatioo. Thc pr�Krrd�ol am a+�:u�t�K rl:iim tiu dantaLe..dirrr�ur run.�yu.n�irl.in��mnrrli�,n uith uny )
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