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<br /> _ � — $.�0T�' °�ilP�1�l.-�6lLOWEt S8&3�k�f t�.�F�Y�OI�IV.�Q3`�!l:T�tt,.�i�1�C�`
<br /> Frope��Y insu.ro¢sga�n��i tas�by.tic�.�ttazu�fs inciud�l�vithtn�ho t�"o�ten�dQd pr►veiago`�nd sayr oi�t Aattett4s.�cit�� ..:t. '-� �
<br /> _ �._ _-�_`_'�-��;n�=:�T�tltic�1�ende��liSres�ranae.'1'his tnsxitanea 86�U!�e�haint:�tned`ie t&a s��otini�_.__ase�far��Eids:� ,.
<br /> —_ - tlu�t<�r ciquiteg."ltKS Insuaanao�c�rter p�vid3�og tbe itiswra��ba clEescn�y Bombwer sii6�a�t to r a�pm. ,; .- -
<br /> --- ` � �v�kt�s1�11 oot 6e unresso�s+D1y wi�:Id:tf BQrmwer gA1ts En utatNatt��cv►vat�go`desst�6ed sbovee�.i.ct�dcr."m�iSr. �Y�t�drr'a , '
<br /> — - __ ,optian.o'bt�in oavcrage to prntsct l�dee's dghts in tna�inpeny.iu aocord�b�wit��?. ' �� : ' = _ ` . .—
<br /> - -- t4U Itisutap�e pal.lotzs and traewata shal!6e�tatite to..i,endee�ad st�ebl.tnctude a ut�ndand asottgag�c�ws�.,i�n&t : �
<br /> sl�11 h�qve tho�$ht to hald tha pclic�and Roc�+�Ws.�Y Lender�nqniees.Homaw�i st�ll RX'ea�ittY Bi�►$to l.ehder att�ipte oP
<br /> - pat0 pa�cm€e�s asd re�ec�al nat�oes.In che aveat af tas�.Borrower slt�a!!give p�mp�nn:i�ea the insu�ea ra�iiec ap�t Laxkt'�
<br />� - ___ - - - - =. --- -�rae�_�►y_�p_m_ntnftas�if_�m�pmm�iyoy8crrower.-_ .--. . .° ' �` � .... _ _ __.__---- . _
<br /> Untes�Lender and Batrawer adreeevise a�ee In a�rIting,insura�ca proce�ds sltalI 6o applied�o resioratlon qr repai*af 1da< < � .
<br />- Proyerty asmaged:I!the restoeatloa or r�epafir is ecan�mic�lty feas�te aad Leuder•s�ec�uity ta rmt lessea�ed.If ths e�sto�atian or .
<br />� r�ix�is aa:eeo:mmtcalty feaaible os Leader's sewrity vlouId 6e lessened,the insuraQCe proceeds shall be uppfled w the sums ' .
<br /> �a ey�sea�rt�y�ua�r.�u,�o:�t�a�,w��n any e�ga�a co��. IP 8ortawe�aeaado�ss tha � .
<br />- Pnopetty.or daes aot answer wtthin 30 days a aotice tmm Ltad�r�hat tha in�nanee carrier has offued to settt�a deim.tlsea .
<br /> _ L�ter may oolted tlie insuraace pmc�eds. Lrender may use.the pmoe�s to repair or res�re the Fi�aperty oi tn pa,y sums�� �,
<br /> secured by tbis Seauity Instrument.�vhCtEer or not then due.'[he 30-day periad a►il1�egin wt�eu the aotiae is givm. ;:
<br /> UnSes&l�eader and Borrower�ttea�s►Ise-agr�e in w�itin�, any applisation of prnc+e�.ds�w prfn�dga) shal!aat e�cLead os
<br /> �°._� pustpoae me due daie of the�tonthlY PaYm�nts r�fened w in pacagrapbs 1 affi 2 or¢ttange the amnane of tt�payaaeats.tf
<br />�� uader patagraph 21 tise Praperry Ls acqalied by I.ender.Eoirower's iight w azry insuranQe policIes ead pioceed4 t+esutting fmm
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<br />�:."V��„ damage to the PmFeety prior w the acqnisition shall�w Leader w the exteat of the sums secured Dy this Securtty tas�ni
<br /> °t-,-�-�• . - im�ate�ypriortotae sition.
<br />�; :;,.:. - >, .�.; acqui .
<br />�s;. .,. .' .. '�- 6.OocuPaacy Pf�va@on.Maintenaace and Pru�ta�of tIIie Prop�ty;Bormwa's Loan Appl�Bon;L4ase�oids.
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<br />�6"�`'�``.::'�: a.�:• Borroarer shall oocupy.establisli,and use the Pmpecty as Boirowec's prineipal nstdease wi¢hin sixty dayrs aftea tha execution oY
<br /> ;�:;�„s:�.�•_.;.. -- -
<br /> ==,'�.,. ;=..:��r ��- tLis 3eeurity instiuuieat and shaU oanunue m occuPY the Piope�ty as Borco�ver's privaipal resW�ce for at tqst oBe yeaz;efter
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<br /> :`: �-:". ..: < the date of oowpancy.untess Leader otherwise ag�ees in wridng.wh�ch conseat shall not be unmaso�bly withhetd.or�miesg
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<br />�•�.;.:�;._.::::.,:t:: :,;��. exteuuating circuu�stances exist whicb are 6eyond Borrower s oontrnl. Bormwer shall not d�stmy, e or i the
<br />�n_';t�:::_�.:,�:`'c:i���_ Praperty.altow the Property t+n deteriorate,or wmtnit waste on the Property.Bonower shall 6e in default if a�r forfeitute
<br /> �'' `�.�"'�•: � - actioa or p�ceeding.whether civil or ctianinat,Is begun that in L�nder's good faidi,�cdgment could result in forfeiNt+e of the
<br /> ` �''��"�:. Pro or otherwise materiat! im air the liea creazed b this Securi In,strument or Leader's sec�uI interese.Bosrower
<br /> ?�t�=��t�r':'�--�.�� .• P�rtY Y P Y �3+ �3► �Y
<br /> �;;. •,- �•;':'•`;�,�5.::.: cvre sucb a defaWt aad ninstate,as prnvided in paragraph 18,by causing tAe act�oa or proceeding to be dtsmisse�i witb a niling
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<br /> ' ��`` ;!'� �:� •,s3. tAat, in Lendet s aod€aith determinat"so�.Precludes forfeiture of the Borrower s interest in the or other marerial
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<br /> ;:t;;`: `',Y°�;,,`:��� impairment of the liea cc�eated�y t�is:Saa�irity Inswmeac or L.cader's security interest. Borrower shall also be ia defanit if
<br /> �`���,r��.:: `:'.`,����s•` . Sorrower.during tAe toan.application piocess.8ave�rriially false or inaccurate inforination or statements ta Leader(as failed
<br /> � �''�z;��'���'` `��' to provide I.ender with se�S material information)iac�acrion with the loan evldenced by the Note,Including,6ut not limitod
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<br /> '�' to.representattons rnncer�ing Bornower's oocupancy of the Pc�operty as a principal t+esidence.If tLis Security Iasm�ment is on a
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<br /> s t;,,,,.,���:�-�-,�• IeaseAotd, Sorrower shatf oomply arith alt the pcovisions of the lease. U Borrower acquires fee titte to the Prope:ty, the
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<br /> ��1..::,..;r�yti, leaseiwld aud tbe fee dde shall aot merge u�iless l.ender agmes ta the merger in writing. ___
<br /> �?��;�,`':�:;_�`f'�{'''�: 7.Protectto�of Lem�r's RI ts in the Pro 1f 6ornower fails to erform the covenants and a eements coatained ia —..
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<br /> ��"��€::�;. :.�.�. :� this Security Instrument. or there is a legal pcoceeding that may signifccantly a�I.ender's righu in tAe Propecty(such as a n�•+.<�-=_-
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<br /> !s<i43;,;.:: ' Proceeding in baNcruptcy.probate. for condemnation or forfeiture or to enforce F�s or rcgu�Ia�aons),then L�der may do and • :;:,;�,.�.
<br /> ;• �� • pay for wbatever is necessary ta protecs�e vaiue of the Property a�� Lender's rights in the Property. l.e�'s actioas may '� '•,?�=::.:-
<br /> ' include pay�ir,�any sums secured by a�en which has priority o�es this Securiry Instrnment. appearic�q in ooutt. �a.ying '�����`--
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<br />- ; ::,, , ��,� '. reasonabte attomeys'fees and entering on the Pro�eo make repaits. Althaug�[.ender may take aciiaa u�this pae�z�h ;�;,'' t t�:'�-;-�_
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<br /> ' ''�v'' 7 1.ender does not have to do so. "^`�� '� '�--
<br />- '-�t u`"�t: . .. + '!C?i�fi•(:,..�`-.
<br /> s �+,,,°'::°`-'., Any amounts disbucs�!by Lender under d:�s p2.kagraph 7 shall become a�itional debt of Borrower secured by thls '�;;:•'•;°',-;::i.
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<br /> • "• ' � Securi Instrument. Unfess Borrower and Lender a ree to other terms of a meat,these ateia�nts shall bear interest from the ,"�,:+=,':''�, '
<br /> .( 7 ty 8 P Y ,.,�' � _
<br /> � � '�' date of disbursement at che Nose rate and shail be payabte. with interest,upon nouce frorrs I.ender to Bormwer cequesqng �-�-�� -���
<br /> � �;�: ,..., : . , payment. '
<br /> - ��'"'"` '' � S.Mortgage Insusam�ce.If Lender required mortgage insurance as a condi6vn of making the loan secured by this Security �`'
<br /> ' . �;;��:�;, ,. • - �'' -
<br /> . f�a�,,, _� �.:,;,,` Insuument. Sorrowec shait pay the premiums reqeired to maintain the mortgagQ insurar�ce in effect. li. for any reason. the ,I.�•:''�'�'4
<br /> �;,�r .: � ;_; mortgage insurartce coverage required by Lender laps:s or ceases to be in effect.Horrowe�sh.�.tl pay the ptemiums require�to .•�.���;t`��
<br /> �;`�,,, , ,' ., .` obtain coverage substantially equivalent to the mvrtgage insurance previously in effect.at a��u substantially equivalent to the ''`t.;�;�� �•
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<br /> ' �°:,�,:,�, , cost to Borrower of the mortgage insurartce previousty� in effect. from an aitematc mortgage insurer approved by Lender. If S,:.�,..:F�'r�;�1��;'; .
<br /> -�'i''� � " ��� � substantially equivalent mortgage insurance wverare i.not available.Borrower sha11 pay to Lender each month a sum equal to .'•s::`�,�;':.:',:�.;:;'
<br /> •�='��� • `t,.;,.}.,;.,.,,{,,.
<br /> ;�,. ane-iwe1M of the yearly mortgage insurance premiar:�bcing paid by Borrower w•hen the insurance coverage Iapsed or ceased to � :;�,.��,. : : �:
<br /> ? �% � , be in effect. Lender will accept. use and retain these payments us a loss reserve in lieu of mo»ga�e insurance. Loss reserve . �'•_;��t
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