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<br /> • periods�hat i.ender reqriires. The•insivaace c:usier providing the insurancc sh�ll be,chosen by:�qr�}�►ex�u�w Cendet�
<br /> : sppROV3l w6ich sball aot ee uruiexsa�abtY witht�etd Yf Bonower faits to maintaii►cp��ra8e de�ciiti�#a�'fx,�.�,.��nde►m�Y.� ,
<br /> = l.ender's aption.oDtain cuverrge ta protect Lxnder>dghts in rhe P�opaty in+ticca , e with pa�.�grdptt,,7�:, .
<br /> — AEl insurarke policie,s and renewaLti shaN be aeceptabte to Le�der aad sttall.uu ude a stand�d,�x�sSig?£�sh��- t-ettdtr
<br /> � st�a11 Gavc the�ght[o hoid the poticies artd rrnewals. [f t.etzder requit�.Borrowe{z�ta�!�rumgt{�,�ay.�:ta.��11 reaeipts .
<br /> . . of�id premiums and�enewal nouces. In tt�e event of lass.�orrower shal!give niompt rtat�e tu,t�se�insuF�t�'x canier aud
<br /> Le�der.�.erider may matce proof of los.s if noc made procnPtiy,.by Boirower. � � or re ir of
<br /> — -- --- lIniess l.en�er and Bonower aheiwise a�ree en writing.it�surance:proceedc��Il t�e�ppi.i�t��stE?{'�TE�. P1 . ___
<br /> dse Ropaty d�magad, if the restararion•ar repair 4s eaonomccally feasibie and,: nder+sectirity.,{s,�������- If the
<br /> n'storation or.r�pair is nut economisally ftasible or L.ender's security would be;�ssenec�.the,�n�t�fi�,t��ds shalI be
<br /> ap�plied to ihe sums secured by this 5ecvrity Insttumea►t,wl:ether or not then d.tid.with any,exc�.sc pai�,� `Bocroiver., If
<br /> ;;Y gorcou„er apandons t6e p�ape�ty,or does not answer within 3�da}s a notice,ftom LendeF t,�i?�ehr ln5ii�ce carrier haY
<br /> -V offered to settie a c1ai�then leader may coDec[the insuc•utce Proceed.s. L�nd�►i'm�Y l��e[��P�!�f�:�p��FPair ar�esca�
<br /> �.- Ii be in when
<br /> - ' the Froperty or to pay s,ums secuted by this Se�sitY lnswment,whether or aot�en due. The:34t�aj.#�±aS�,� 8 .
<br />- - � tt�e notice is give►i. .. • _
<br /> - Unless Lender and Bormwer otherwise.agr+ee in writing,any application,�proceeds to pqi�i��s�a.'}not extend or —
<br /> �� postpone the due date of the monthtY FaYments refsrred to ia F�B�i�s��nd;� ;or ehan�.th;ateqs�t,pf,��e Payrrtents. If �_
<br /> =��'°s' uuder paragrapt+2i the Ptaperty is acquired by Lender.Borrower's aght ta aqty instuacire poti�and.(�l+E�ceeds resutting -_ - _
<br /> .`,� from darnage to the PaoPenY Pnor to the acquisition s6all pass to Lender w tl�qiexteni af thF svrq�,�ecui��Y ttris Serurity `
<br /> - /nstr�r�eat imme�iately prioc 4o the acguisition. "z �""'-
<br /> 6 p��y, p�ra�, 1Nainteaance �nd Protectian ot the,��rPPe�9i,Bu�rPWeF.'�i �N?� �►OPlication; ��,_-
<br /> ,� L�easthoW.�. Barmwer sha1J occupy,establish,and use the Propecty as Bocrow�r's prin�ipa2.ce.ti{d�T�4_.�'�?�i�sixty days after ,�
<br /> ��"' the e��ecutian of this S�urity instnuneat and shall continue to occupy the Pto��ty as Bo�pwer�,�� sesidence for at �,,,;:
<br />-%;��,: least ane year after the date of ac�upancy. unless Lender otherwise agc��'� m..wripng,.•wh'sr�,�o�4S�i t shall aot be �:
<br /> unrpsonably withhetd.or un[ess extenuating rircumstances exist which are bwyond Qnrrc�we�s�eu�ntSt#i,.i�9n°wer sfiall nat -'�_$
<br /> `�.`�'. desuoy�damage or impair the Property,altow the Propetty to deteriomte.ar S}�mt►#it wasie an t1►i;pcpi�i Borrower shall i
<br /> :':.��,... �. faith'ud ent _�: A'
<br /> be in•defautt if any forfeiwre actiori or proceecling,wircther civiE ur��rinmrai�-�Gcgu�z thaE iA l�e�',L� 1 f� _..
<br /> ���r : coutd msuit in forfeiture af tfie Property or otherwise materialty impair ihA!l�en created by th"s§.Se��fy.[nsuumetrt or �� , '`�
<br /> • - �":�; Lendeis security inteccst. Borrower may cure such a defauit and reinstate.as provided in gr►raesapf�.I�,�j����n8��1e�on �'��'���;�� _
<br /> `.` .. os pcoceed"u�g to 6e dismi}sed widi a cufiIIg that.in Le�uter's goad faitb dete�tninatian,pc�cCuMx�fo�;'e�Nt���f the Bosrower's .--- .
<br /> ±v,��, interest in the Property or other material impairment of the lien created by;thir Secudty,la�i�y�t:+u,,�ct.i.enders security i�
<br /> . r�� intetest. Bmrower shall atro be is�.d�F�.:u1t if Borrower. durin�.the loan:;ppplication,prpp�sr. qay�,•p�aterially false or �.:�.�
<br /> �. ��j- ` =`t�; inaccurate infortnation crr statements�tq�f�ci�r 1or faited to provide l.ender wi(h any mate�ial i�fa�'itTa�c�i�l��fn connection with __
<br /> - �` ' •the loan evidenced by thz Kotr. inciu;��;but isat liufited ta. represent���ns cancemi�g:lBqrrqtiv�h'r��P��Y of the . . --
<br /> uf :;� ..�
<br /> '.� Properry as a principal residence. If titi-4,�ariry[n�tramea�t is on a teaseha�{�:Borrower sl�al�.���t�.,wi!Et aI!the provisions `•:;;, ., y�`::-,�
<br /> � t� of the le�e. if Borrower acquirgs f��tiii�t�the Pioperty.the tea�eh�id and,E�e fee title:;hal�pat,�ge.¢i{�ess Lender agrees �=__,. - ___
<br /> ,`� -•.� _ ,'' 'to the merger in writing. . �? �_
<br /> :� �. Protectioa ot l.ender'�Rtgltts in the Property. !f Ea�;+a�xer��i ls to pe r fn�n,I t h�,F�'e!�;ts and a g reemeTrts- '�.��� �
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<br />'.;;�#'�;•` • ��� contained in this Security fnstrumen� or there is a legal Qracee�ina thal;inav sign�ftcantl�.affect.k.qnQer's rights in thr , r y ..• .��.
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<br />. property(saeh as a�oc�aa.._g in bankruptcy.probate.for candemoat'san at�pr�'eimr�or tP enfofCe t3Yry;�ir regulations).then • 4;t,i .r. �
<br /> 'r;�:� `�` Lender may do and pay f�e'"whatever is necessary to protect the value of�Itc Yru�rty and t,en�/;�r�,rig�ts in the Property. ,;�.' ::�.,r ' �
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<br />-��"•' �t•� Lender:s actions ma inciude in du��sums secured by a lien which t�a��+riority Q�er thi�Secwrit;��1a{�rumen�.appearmg .. .�„��-
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<br /> �t�: ' in coun,paying reasonable attomey.s It�-�and entering on the Propeey to r,�ake repai«..AItF�vur�tt 1.�ru�r may take ac[iarr
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<br /> " � K� �� under this paragraph 7.Lender dces rtcr t�i:re to do so. ' � ���'
<br /> � ' ' '�`,r����c A n y a m o u n�s d i s b u n e d b y L e n�:u�d e r t h iti p:t ra gr a ph 7 tihall became additional debE�af �iotrR�•er secured by tiiis : . • : {��t-
<br /> • ' .�=��.�:i z�-� • Security lnst�umen� Unte+s Burrower and T.ender�ree to uther tertns of pnymem,these amout�ts.t.haf.4,�r interest from t he .�,
<br />� . .. *.,9f.� �� 7 � � '
<br /> , � �.. date of disbursement at the Note rate and shall be Fayable,with inreres��#p�n notice fmm f,�end,a!�to.�orrower reyuesting -;:•�;,
<br /> :•.,'; •, payment. . , oan secured this ? . . -_=-.-
<br /> -, ,��;�;�;' 8. Mortgage Inswance. If Lender rcyuired mortgage in.urzr.ce a.�a canditian af m�lcio¢;.ihe�,{ bY • :,___
<br /> �` �<t4��?`�::::�;;;, Security In.trument, BoROwtr tihall pay the premiums rcquir�d ta rrr�"sniq�p the mortgage in5ur:t�se,�n effect. 1€, for any , .. ., "r --.
<br /> s':`�:,• . �;;�<;�y�:�(;;.t' reason,the mortgage in�urance coverage reyuired by Lender Izp�es or�ea�e4 to be in effcci..,Bn4qwer shall pay th� '' '' �:.:.,";.
<br /> } . ����`� .� preminms reyuired to otra'_a covcrage subst:u�ti�dty equivalem ta thc mo�tgage intiur:tnc� �rev►ot�s��,in effeci.at a co�t �,, A,.�•.�_`
<br /> ,y�,�,,.�s��t' ,• . substanteally eyuivulent c;rci-e wst to Bonowcr nf the mortgage intiumncc previue�,ty in effeqr.fram,zn altematc mortgage ,�`. ,�,._
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<br /> �� •�y�•�., ' 'insurer�y'�.�oved by l.endcr. If+ub�t�r.tially eyuivalent mongage imurance:.cuvcrate is not��ait:u't!e'.�;Florrr��ver shall pay ta . '� '���__.
<br /> �`;; .. ' �'`# 'i Lender e��ch month a sum equal ta or.e-twclf�6 of the ycarly mnngagc intiur�nec premiu,rn bcing pa;��,�1y�.Borrower when th�
<br /> �..` j';;�"•'.�: . y lass re+erve in lieu ..
<br /> • . ���;,� idsurance coverage lap+ed or ce�a.ed to i�e in efTect. I.cnder w�U:�ccept.use.a,nd retain the::e p�ym����A',u �nyu��� . �•:h,���:
<br />���"`' �`±�.'` of modgage in+urance. Lo�.s reserve paymcnt,may nn longer be reyuirc�k..►t ihe��p�ic�n�f L,en!�r:x+�f mortgage �
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<br /> �; : coverage lin the amaunt and far the period that l.ender reNuiret►provided by an in5urer appf��}•cd br�.�ander a=a:n��rrre� ;;y,,• � �_
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<br /> . ,.� �;_�„�f, available and is obtained.SoRawer shall pAy the prcmiums rcyuired tn maittTAin mon a e inruranc�,cr�,,ifect.nr ro �nr ide a ,
<br /> •��� r-_: , ., . loss reserve,until the requirement for marigage in�urunce end�in acc��rdanv;with a»y wri►�e^:.a;:re:m��t betwern Borrc�wes
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<br /> ''� `�,.7';;� and Lend��r ar applicable law. �. '
<br /> �t• � . 9. Inspection. Lender or itti x�em may makc rea�onabte entries up��n and inrpec�ian< <�f ihe�Pr�►perty. Lender�hal! t. ,.
<br /> give Bonower natice�:t the time of nr priur ta:�n inspectiun tipecifying rca+u:ia�bte cau�c t�r the�'r.nvpectYap.
<br /> _'�:���y`�:'.�, � 10. Condemnatiorr.: The pruceeds of uny award��r claim fur dumag�:�.direct ar rnn��N►.�eni.i.��.1}�,C�nnecuan with any • .
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