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<br /> _- - � � . � . - 92-=- iQ'7432 .
<br /> � .`� periods that Lenderkqu�+es. 'tbe iasuiance cazrier pcovid'mg the insurance shaFl be chosen by Bor�awrr s��bjuc to l.endbr's
<br /> - appmva!which slta!!not bc nnrrasonably withhetd if Borrawer fails to maintain covcrage described above.[.ender may.�at
<br /> 4� Lender's optioo.obtain cuverage to pmtect ixnder s dghts in the�[opeey in accordance wtith paragraph 7.
<br /> �, " A►ll msurance polisics aad c+enewais s1�11 he accepra�te to Lxnder and sh�l inciade a siandasd�nort�age claase. i.en4� -
<br /> = shall have the right to hoid the policies and nene+�als. If Leudes requires.Borrower shatl pmmpdy give to Leader�Il rzceipts
<br /> = of paid pcemiums and ret►ewai notices- In che event of loss.Borrower s{�atl,give pro�npt notiee ta the insurance c�etier and , 1
<br /> _ � � t,e�xics l�m�y mafce�roaf of loss�f nUt mide promptly b�Barrowes.
<br /> — IJnless Lender aad Barmwer othen�ise agree in wrthng.insurenoe proceeds s6a11 be applied to cestoration or tepair of , __ -
<br /> Y the pmperty�damaged,if tLe.restoration or repair is e�oaomica{ly feasibie anA Lender's securitS+is aot lesserted. (f the -
<br /> -� restorarion os repair is aot ecanomically feaseble or Lender's security woutd he tessened.the insurance pmceeby shail he ___— _
<br /> - _.- applie4 ta the sums secured[sy.this Security[nstrument.whether or not then dae,witb any excess paid[o Bortower. If =--
<br /> _�: BortpW4r a6audons the Prapert�,os does not answer within 30 days a aatice frdm Lender that the insurance carrier bas -' _ --
<br /> - offered to settte a claim,the�l.ender may collect the insurance pmceeds. Lender may�use the proceeds to�epair or cesmre =_ -
<br /> . t�}h�e�p�tv}�petty or w gay sums se�red by this SocuritY Inswment,whether or nat then due. The 30�day period will begin when _;._.� -
<br /> C.�.
<br /> _ _. {�l[�r'�+!!���v{�i�. . . f.��
<br /> � °^ Unless Lender�dBarrawe�athernise agree in wriring..any app�ication of proceeds to principal shall not e��tead or ��,,-,;��r--�=�-
<br /> -= - postgone the due date o€thh��r;r,�ty paYmenu ieferred ta in parsgraphs t and Z or chaage the amount af the paFme�ts if �_=
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<br /> . .` � nnder ata 2I the t� uu�ed 6�Lender.Botrawer's ng.iit to any inwrance policies and proceeds r,zsufting �''�"1°�"�-�a�"�`-
<br /> '.�.� �„� P B�P� �'a� .�4 5
<br />, :; � , from damage to r�Property�:x3�z'.���1�.Sition shal!pass to Lend�r ta ttie�xtent of the s�s seeusEd by this Security ��:�z��.-
<br /> Instrumentimcreest9ateiyprior�,3�aa�..:.�.:,•, '� ���---
<br /> � - . 6. O�p�acy, Presea��iA��+t��rF,•gr�nce and Prolectiaq� EDe Propeatv; HQr�ses� Loan Application; s �
<br /> :< .` ; Lezsehotds. Borrower shatl �'r�.�i;:ak="�a:and use th.:.E'�aperty as Bcm+�wer's pnr�R�t resi��9e witbin sixty days afcer .�;_'�,�-.:.. _
<br /> �;s �; .,.�--i:�;�ai}�orzz�-���o oFcu t�:Pto �s IIorrow•ers i al residence for at , 57--
<br /> , ide�xecution of this Secatit�'Cr=��--- PY. .. P�Y �P �".�f��e"_-
<br /> :rt.,::s: '�� least one year_after the b�:��oc�.�:��:.�Sess C�z:r otHec�is� »�es in �titing. wttic:�oonsent shall not be ,��,
<br /> , ;+�"�• - unreasanabIy withhetd,or untess extea�:at��_Jrcumstances e�;��.�x'_u;�are'beyond Horrower's contr�i::.Horrower shal!not y�,�__=_
<br />....��::::;� w. Y P peRy. peRy. ,�,�- :.s ,,
<br /> destro ,d�naa or im air th�Pro allow"the Pro �.a��.�a�.,.a vr cammit waste on tlte Pir,pest}r. Boaower shall �.�,�,��:.
<br /> aae
<br /> � � �` be in default if any forfe'tture 2ction or ptoceeding,whethercc�.�:�-�=na1.is begun that.in l,ender's goad faith judg�nent .. � � }� �"`-'� °
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<br /> � could zesult in forfeiture of tk�e Ptoperty or otherwise rn:.:..>r:�?i� anpair the lien created by this Security Insm�:etit or ' .'.`tr'���_,�"�- _
<br /> " � � � Lender's'security interes� Bormwer may cure such a d�faa''t�{��u3tate.as provida!in paragraph 18,by cansin��.�n°�astian � � �
<br /> �� _ '�`'� ' or praceeding to be dismissed with a ruling that,in Lender's�od faitts determmatian,preclades fodeirure of t�s�:�werc . � � <<�` ,�- �a_
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<br /> ' � - ".,•- _ � interest in the Property ot other matecial impairment of the li:n craaed by ihi.v Security Instrument or lxn�:s"�seeurity .,
<br /> - ' • �`' '� � interest Borrower shall alsa be in defauTt if Borrower. dc�ring the toan applicatian procexk gave matea�:i 'false or �;;;: �. ��;i
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<br /> • �� inaccurate information or statements to i�,mder(or faited tv y�vvide Lender witb any m�terial information)tn ce��xian witb •�, ', .. ,:.` t�
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<br /> ��K,,•: ' the loan evidenced try tite ti•s;e. including. but not limit� to. representations conceming Borrower's acce_-�-z�•�f the �,,,�•:.��,e�.;''_,--==
<br /> . �f '�' Pro as a c al res:��*se. If this Securiry lattnanet�t is on a teasehold.Barrower shall comply with all E'r���^_�,Jisions r��,���,�n;,;;��.
<br /> , '4�,�:�r..: Pe�Y P� �P., .
<br /> of the lease. If Bo?za�er�:�uires fee title to the Property.the leasehotd and the fee titte shall not merge ecnl:ss Lez�'.n.:agrees ,r,, , ���:
<br /> '�'.,;. °�. ' tothemergerinv�aiti. "}� �. _• `.�..��
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<br /> • � '' 7. Prateci�on ot i.ender's Rights in the Property. tf Burrawer fails ta pedorm the coveierantY and a�reements :•• . . � . . _
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<br /> '.';�..,; A::,,. �' contained in this Security Instrument. or therc iti a lega! praceeding that may sigmficantly affect Lender's righu in the �� �`:;::.`.� ';�;-�.,.•
<br /> ' • s ch as a roceedin in bankru tc . robate.fot condemnation ar farfeiture or to enfome laws or regulatians),then F•,• �° _ �
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<br /> , ,� :;,�,�a;:' •. l.ender may do and pay for whatever is aece.tiary to protecl the vatue o f fie P ropeity an d l.e n der's ri g h ts m t he P rape Ry. � • ,�f�
<br /> � , W:::ti,..,;. ,� Lender's actions may include paying any,umc secured by a lien which h�ati priority over this Securiry Instrument.appearing ' '3 _-
<br /> � in coun.paying rearonable attomeys feer and entering on the Pmperty to makr mpairs.A(though Lender may take action ,
<br /> • ' �. _L_.�•; undsc this paragraph 7.Lender doe�,not have ta do so. ' �`
<br /> _ • • Y-��• �:: p..v�ounts disbursed by Lender under this paragraph 7 yhap[xr�me additional debt of Borrawcr�ccured by this , " y-
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<br /> ,.: ,, ,��.';.�•„ _ Sectrr�iy,Instrument. Un1e�.�Borrower and Lender agree to ather term+of paymcnt.�hese amounts shall bear interest from the
<br /> _ data of disbur.+ement at ihe Nate rate and tihall i�c payable.�vith interc�t. upon naticc from Lender to Borra«•er reyucsting '� �_�_=
<br /> , . : payment. ''
<br /> �`'_ • S. N�e lnsarance. If Lender required mortguge insur.�nce as a candiuon��f makin�;the toan recured by this . ���•�•:--
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<br /> ' -�'a. ;• .' Security lactr�r;�7b Borcowcr�hall pay the premiumy reyuircd ta maint�in the morlgage inyurance in effect. ff,for any ,:�;���;�;
<br /> ' ' reason. the mor:gage in�urancc coverage requircd by Lcnder IapStK ��r ceacc� ta bc in cffcct. Bonower ,hall pay the '°r;`��. .'.
<br /> . + "�{ '.�. , . premiums required to abtsiR.rnverage sub�tantially equivalem tu the martgagc intiur.tnce previautily in effect, at a co�t . • • --. ��
<br /> . � . ',� ';''':;•.:� . substantially ee;c:ivalent to�c-e cc��t to Borrower af the mn:.g:s�e in.urance previou�ly in esfect.from an aftemate mangage . .�•�;;;•:;.• . � •�,
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<br /> ,•., ' - ,,..,:,, insurer appraraL�ay Lender. if tiubstantially cquivatent mn»g:�ge in.urance coveragc i�not availablc.Burrower shall pay to • ,., ,; , f..„ .,
<br /> ' " . � � ` Lender each�rcr�:�a aum eyual to une-twcif�h af the yearly mongage imurance premium heing paid by Barrawer�vhen�he �''::�;.;y;� :r�:�i� �3�
<br /> . :.. ,i•;4t.:
<br /> � -Y �:'^,. ' � iasurance co���::3e taptied or ceased ta be ir.,�,ffect. Lcnder�aill accrpt.utie and retain 1he.c paymem�a�a lotis reserve in lieu �;":�sJ:;��. .
<br /> af martgage:r.surence. Las�reyerve payments may rto!�••-tger Nc rcquire�l,at thc option af L,cnder. ii mc�ngage in`ur:uice F ```'-)�'".` , �
<br /> �':,,�'.'�.�. `�' ;' � � cavemge(in t'��e rmounl aru t�:,c:he period that Lender rc+{w:retil pro��ided by an imurer apptewed by Lender again becomr� . .�
<br /> � � � available and'r.»obtained.Ba.^.::xer shall pay the premiun�:�c:yuired t��maint:�in mong:�ge in:urance in effecl,or tu pri�vide a
<br /> '�. • • toss rescrvc.u:�.r-1 the rcyuiremem far mon`�.:;c insurar,rc'�nd.in:tccurdance«ilh any�rrittcn agrcemcnt bctu•ecn Bortaa•cr
<br /> . , , " , and Lender or:�plir.�Me law. ' , . .
<br />� �f�` � 9 Inspectton. Lcndcr�r it�uge�c:ray make r¢a.nnabfe entrie�upnn and im�xctiun.uf th:'Praperty. Lendcr�hall �
<br /> �.:; ;;��;.;:;��• givd Borrawer nolice at tke Ci'n_w��i or pr�or to an in�pectiaa!�pt-citying rr:�,unahlr cau.r f'ur�hr in�pec�ie�n. .
<br /> �'� � 10. CandemnatQoR..Tf�e�.rviceedv t,P any a�vard or daim for d:unage�.Jircct ur eon.eyuential.in connectiun�vi�h an�• 4
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