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<br /> _ • , ��[.;�.�lr+IpL�lllS."'•�IE�11lSY[S1KYCililCl���l�1E i1L5�0�'S�t�C Cfi06lli�BOROMICf S{�Ctx1R�..t0�[tS - <
<br /> . �appovd rvUich s1�U iwt be�a�b1Y rviU�eid. If Borrowec faifs to mau�aain covenae descn'6ed above,L.adet may.at.
<br /> ` Lender�option.uM�in c�e�e�P�i.mder's:Yigi��i�tt+cPtoperty!n�ccnnL�wi�b p�sgtapl�7. .
<br /> .. ` Illt irtsuranoe policies+1�trneMals slWlt Ix accepiabt�w Lender':�ad s6a11 inc[ude a stti�datd matgatge clsuse. La�der
<br /> sh�ll havs the right to tiatd the potkies and�enewata. It I,ender raquincs.8arower sh�ri pianpty g[ve to tander aU ccaipss
<br /> , of paid p�eiums and itnewa!notica. In the evern af loss.&xrov�ier slialt give pnompt natice�ta the insur�ce cattier�
<br /> t�ender. Lsnder may makt proof�f Mss if not anade p[omp�ly by Bor�oarar. .. �. ..
<br /> - Unkss i.ender and.Barawer aherwise agee in writiag,�nsu�ance pmaxd�shalt 6e cipplied tn restoratioo or npair of
<br /> the Ro�erty d�gtd.if the rts�tiva ofit�tiE is�n�micaElY ftasiMe arx�l.euder's:sect�rity is not,ks.5ened. If the
<br /> Rstaatiau oE c�ep�ir is na ecaiomicatly feasi'bie ur l.ender's security wouid De Irsser�ed.she insur.�nce�COCeeds s1nl1 be
<br /> applied to the swns sa�asd bg ih6s Securici► Insuvmem. whe�MC or not thcn dut.with any excess pvA to Bonov�� if
<br /> Bamwer a�andons the Prope�.or daes not uuaver witt�in 30 days a noticc from l.cndei thait t6t insur�r�c�c carries has
<br /> dTeoed m setck a c1�im.ther�Lender may wtiect the ips�w�ace proceads. l.rnder ma�r use the pmcceds ta repair or ceswie
<br /> - t1�c ptvpertY oF ta pay a�mg secured by Uus Security Insmutxnt.wixtlx�or tat tbea due. Thc 30�day penad�i!1 begirt when
<br /> the aatica is g'iven. .
<br /> Unkss L+endcr and Bormwer otl�etwise agree in writing.aay application of groceeds.to prircipal shali�wt extead or
<br /> postQone!he due date of tbe monthiY PaYmrnts referted to in paragc�p�u t and 2 or changc tbe amarmt of t6e payments. If
<br /> =-- under patagaptt 21 the Qropetty is acqui�ed Dy Lender.Bomuwer's right to any insuau�ce policies and pmceeds resulting --
<br /> - -- fran ckui�ge to the PtapeAy prior to the acquisition sha1E pass to Lxnder to the extent of tise sum.9 secured by this Seeurity
<br /> -_�°� I,uuument immodiauiy pri�to the acquisiaon.
<br />"-< '� i. ikcNpaac� PreaerYStb�. MainteaaRCe smd Protectioa d tbe property; Borrower s Loan Applieatio�:
<br /> - Lp�se�olis. Bocrower sh�li ocsup}.esta6lisb.and nse the Qtaperty as Sarrower's principal cesidenre within siaty days after
<br />�_;;� tbe executioa of�his'Security In.mument and shaU cus�tinue ro occupy the Pmperty as Borrower's prbxi�al�esidence for at
<br />= irast one yeu after the date of occapancy. untes�; Lender ah��nse agRes in writing. which consent shalI not be
<br />= un�asonaWy w'ithheld or unless extenuating c�cieusu�a�s w�iu.which are beyond Bonower's contmL Barower sh�l[na
<br /> desl�y,daraage or impair the Ptnperty.allo�v the Ptopeicg�m de�darate.or comrt�it waste an the Property. Barower shail..
<br /> ara
<br />__ be in defaulR if any forfe�tute actioo a pcocceding,�rhether ci�?�as criminal.is begua thrt in l.ender's goad faitb jud;*�!r- "• • -
<br />= caatd resuIt in forfeitur�c of the Praperty or othe►v�ise m�•�:impair the lirn cteated by this SeMUi� lnsirumern ot , �
<br /> � Lender's security inteoest. Barrower may cure such a�Eaa1t a�E�instate,a5 provided in paragraph 18.By�g the action
<br /> __� , or proceeding to be dismissed with a ruling tha�in[Kndec's guad:iFaith deteanination.Precludes forfeiture e�f t�$oilower:s -:�-_
<br /> c� inteoest in the Praperty or athec material impairmeat of cfiie�created by this Security lns�trument ar fi�er�-seeuriry ° - -__--
<br />• . , �� intecest. 8orrawer shal!also be in default if Barrower.during the laan application process. gave�:�rially false ar --
<br /> inaccatate information or statements to Lender(or faited ta pmride Lender with any material informaiionl.�e conttiectian with =---
<br /> ',. the loan evidenced by the Note. inctudin� but ant.limited to. representations canccming Borrocv�er's�aupa�tcy of the =__:
<br /> Pcoperty as a principal resiJence. If this Securitv P.�rument is on a tea.�ehold.Borrower shali comply�a�ihe provLsions —
<br /> ` �` of the tease. lf Borrower acquines Pee title to�Pt'vpeny.the leaschold And the fee title shatt aat rmerge u�.'ess l.ender agrees y-`-
<br /> ;,. to the merger in wridng.
<br />�:,;,; . •�- ?. Protection of l.ender's R"�ts in ihe Property. Lf Sorrower fails to perfortn tfie covenan�s aad ageeraeats �_--
<br /> i�:;��:,.'::, contuined in this 5ecuri�y Instrurue�t.ur therr is.a legaf p�oc�ding tha� may sigmGcanUy affect Ixnder's �;ghx�uE f�ce _-_
<br />,�:�,;;�..;:
<br /> ;;., ,;�;. Pro yuch as a ln m 6ankru mb�for condemnation or futt'euute or to enfarce laws or r�u?atiorssF.tn�t ' ��"= - _
<br /> , ,r. , PeAY l Proceed g� PicY�P -.. �.-�-�,-�= —
<br /> , �.,.���; Lender ma do and far whatever is nece- us tec�the vafue af the Pra n and Lender's ri� �ca tF�e , __�:___,�_
<br /> 9 L��. � '. � Pe Y � � �?F:
<br /> ixaders actions may irrc�ude paying any sums sea;u+�by a lien which has priarity over this Security Tnstr�,:*�enG app��'i.^� _►'�7 .�>�-:; __ —
<br /> � � in court. in rea.�+onable attome s fee�:and entc::i:� on the Pro rt ta make re airs.Atthou l.ender ma take acr�s `�� �'•� � �
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<br /> . P�Y � Y" S P� Y P £-h Y ,Pi�;f�;.��,f�,,�s
<br /> •• "� undec this para g r a ph?.Ltnder doe�nnt have to do so. �f-. ., _;€t�f j�',;:z�-�
<br /> ;t? ; Any amaunts di�bursed by l.ender undcr ttL,-�paragraph 7 shalt t+cc��mc udditiunal debt of Borrower serured by ihis •.,-;��s,l��;'�
<br />. Security InstrumenG Unless Borrawer and l.endec a�ce ta other tertns af payment.these amounts shu116�tr�mst from the .�°�: ',"_ • ;.a�.
<br /> `-�: �.; ; date of di.�bursement at thc Nate ratv and shaii�gayabte,with imcres�upon notice irom l.ender ta��cro�wer requesting ��•:�_�' ---
<br /> payment. • � ' �.`�,''-•�-
<br /> � MoMgage lnsurpnce. If Jxndcr requited mortgs►gr�r.rurance a.c a canditian of making the toan serured by this jf,"�_
<br /> a, ;.. t;�;=; Secar�.y I'nstrument. Barrawer shalF"�Sv� thc premium�reqatr�.>a maintain the mortgage i�urance in effeci. lf, lor a�yy - .},.�i
<br /> :� ' -'° reasan.the martgage 4n��urance�•isec-F,e myui:e��y E.e;d��eapses ar ceascy ta be in effect. Borcower sha11�pa; ��-e - � , -� _
<br />. j. . ; premiums required tu a�taac�in cot��z tiubstanc�.ir:"..:,.��ival..i r•s thc mort�_e insurance previausly in effect. n�x'cast =
<br /> ' substantially equivalent to the co;:;a$arcower ri:i;e mart�a�e i:,,urunce,�c��"raucty in effert.irom an altemate martgage � . �-"
<br /> • -�' ' insurer approved by Lcnder. IP�.L�v;�ti;�lly eyai�aient mar[gan�aasurance Caverage�s not available.8orro�ver xhall pay to .. • ��
<br /> ,,._ �
<br /> i.cnder�.,.ch,month a sum equal t�c�:-twelfth of'Ihe yearly r.-sn:��,�e inyurance pmmium beipg paid by Barrawer when t!te . _ �"'
<br /> insurzro�z�averagv lap.�ed ar cea�:t'Us ix in effect. Lendcr a:`f•a;,�;.pl.uye and retain the�e�a;:yments as u 1ak�rererve i:t��c:: .'.' ��=•
<br /> of rtTCn�e insurance. Loys re��nc��p3►ymentti may no ton���c-reyuired.a�the ontion ct;Lcnder.if martgage intiJ;.sa:� ':,;;.�-
<br /> � -'x ' " wver'.:�e Un thc amount und for thc periad that i.��d:r rec�u�e�1 provi�kd by s,n in+urcr approved hy Lca��i agaia becames . ..�:-
<br /> ' � . av�il:;.��and iw aht�incd.Hnrrowcr�hall pay the.�'�.�:"i;:m�rcr�ir�:d t�maintain mu»gaCe iiz.�uruncc in cK=xt.or ta pravidc� • .
<br />• . . �•l�`;;: % ln«ctt��:ive.until the nquucment for mortga�c i��:::rance c�±:��ir.accnrdance with any v.r�1T�;►.agreemcnt betwecn�orrawcr ', ,;,,-. � .
<br /> • k >;�' and l�.�cr nr applic:�blc luw. . • � � '''�'�{`,
<br />, ��,�����{� �� . 4. lnspecti�n. I.cndcr ur icE�3`t�,1_1I1i1 m,�kc rea��r,�f;t�,;�nirirti u on and inr CCI�!7!�•�Ls(lhC pfU A . �,�7QlfC0:kidi� �('';;y'�' .
<br /> �%• Y P P P� Y ;.;��;-
<br /> .:•_�:�fi:;';� give Bonawer n�tice at the tim.of nr4-:�r to:ui;r..�ecti�+n�pecifying rea�cmahle rau�o fur:�.r impectinn. ,
<br /> • ,: .'' 10. ConAemnaUon. Thc pruc�w�af any.:+.ard rn claim for damagc�.dirrr�ar con+cyucntinl.in a�nncc�ion witb any . �
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