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<br /> pWiodt thit L�eqde►�eqYines. '11ie insuraooe caRk�P�'��i d��slwlt 6e ehosen by Boimw�t srbjec3lo��ender� � • .
<br /> . . �piwal.rWcfi tta11 oot 6e u�easoaabl�►withheld. If Ei�eower faits to m�i�in caver�describad abor�.E.eader.may.at
<br /> - I,e�ider�optian.alxain oa'vetage to protect I.ender�a�ts in the Ptopeety;�u ac�ca�danoa wit�pir�yapA T' '
<br /> ` All�P��tenewats.alatl be aocepti�bk w I.e�Wet�od slt�!!includc a st�u�d�d matgsge clwse: i.ender ,
<br /> sl�tl have tbe ii�t to hold tLe�nticies aod�ewals. If lrnder.r�equites.Aarti�wec sfiail p�om.P�Y 8We to Len�ier alt m�3pts .
<br /> � of prW pRmiun►s aM tentw d notices. in t h e even t o f l o s s.B o r r o w e r s t u i!g i v e p ro m n t nohc�t4 the insu�nce carriar�rd
<br /> ` f _ l�er. t�er may m�kt proof of loss if riot m�de promptly by Bacr�er. •
<br /> � Unkss,�der�ad Ba"rnwu aherwise a�ee in writing.i�rsue�tce procsodc st�li be applied w rcstorrti�x►or repair oi
<br /> .��g�,�x�• fe�asibk_and L+ender's seeurity`�s aot lcsse� ii�tl�e-
<br /> � : �fi tTie trstaatian ar repair Is ooana��caitY
<br /> ' �estor�tion a tepair is�c eca�omicalfy fezsible or Lcnder's security would 6e laseaod.the inwr�nce prnoeeds sbail be
<br /> applied to the-sums sec�ued by Qiis Secuery lnsorumnu.wt�di�er or noc thee due.with any excess gaid ta Bamwes. If
<br /> Bonower aba�dons the Ptaperty.or daes not answer witbin 3Q days a natice fcnm 1�nder that the insurance carrier hxs
<br /> � offaed to seqk a claua.tlirn T.,enrkr may colket the 6�surmce pmcad�. Leeder may usa the p�ococds to rep�ir or tesWre
<br /> ° the ptopett�r or to pay suoms socu�cc!by t6is Sec�uity lnstrumenW wtretl�e�or not then dua The 34day periad w�1!tega�when
<br /> . d�e ratice is givea.
<br /> Uaiess L�ender�d Homuwer oli�erwise ag�in writin&�Y�PPlieation of pmceeds m principal sh�lt rat extend:a
<br /> pastpone�u due date of the monthiy_�Y�nts ttfFned ta ia paragr�phs 1�nd 2 or change the amauit oi the payments. If
<br /> w�der puagrspN 2t tbe Pimpe�ty is acquired by L:ender:Bamwer's right to any insurrnce policie�and pioc�ds�esuhimB
<br /> trqm da�rage to the Pmpe�ty priar ta die?c4uisition ehail pass�to Lender to tt�e exunt of tfie sum.s secu:rd by�his Security
<br /> Iasu�aaeat immediueEy pnor w the acqu�tion. _ Borrmrer's I.oan Apptieation:
<br /> f�. Occrparcy. Pcexrv+uio4. MaLte�asce Aad Proteatton at t6e Froperty; r
<br /> I.ea�eYoid�. Borrowa shall accupy,establish.aod use tl�e Ptoperty as Bortowec's pnnc�pal residrnce within sixry days after
<br /> the axocutiat of tbis Sec�uity Insuuntent and sliall contirroe to accupy the Poapeny a�Bormwer's princip�l resideace for at •
<br /> tast arie year aftrr the date of occupancy. iinless�Le�e�ot�n�►��se aSc�s ir� writing, which c�nseM shali not bt
<br /> � u�u�easonabiy wiW►etd:or untess eatelu�ating cit�u�n�arxes exisi ahich aie beyonQ Batsawer's candvl. Bwrower st�al}aot .
<br /> destmy.damage or im�air dit Pcnpeity,allow the Propt�cy to deteriorate.or commit waste on thr�c�erty: Barower shall
<br /> -- ` be in default if�ny forfe�tare action or proceeding.:whether clvi!or criminal:is begurt that in Lender's goad faith judgment
<br /> _ . . coutd nsult in fafeiture of tlre Ptope�ty ar otherwise rtiaterially impair the lien creaced by this Security Instntme�rt or
<br />- - � Lender's securiry inte�est. Borrower may cure sach a default and reinstate,as provided in paragtaph I8,by causing the action
<br />-- .ar procading to be dismissed with a ruling that.i�s l.cndcr's guod faith dete�minatian,Preclades forFehuie of the 8ormwer s
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<br /> •�, u�tecest in the Ptoperty or otixr rnaterial impairrnenc of the tien created by �his Security lnsm+ment or l.ende�'s securiry �
<br />_ ins.��::::Bocmwer shall �Iso be in'defautt if Borrower, durin�the toan application process. gave materialty faise or
<br /> i��sf►:infqimarion ar staterttents to[.ender.{ar failed to provide Lender with any material infoimadon)in cont�ection with
<br /> . .• the•ic�i evidencea_by the Nate. including, but not limited to. n�piesentations conceming Bocrower�s occupancy of the -.
<br /> _` ' � �;• prop�y�s a�p�-�;,I3�esidence. if this Securit.�lnstrument is on a teaseh�tr3,8orrower s6a11 compty:�iii"a ali the provisions ,.
<br /> ��.. ,,.:.:, ..'';, o�t6e�:� ���.�accluircs fee titte to tl�e Properiy.the teasehold and rhe fee title sha[l rtot merge;�.�:��ss l.ender agrees .;. :4;.
<br /> tor2�r$3��'���*L"t�''� . . �. �' � .,. .,.; .
<br /> �•�'�af 7a�&r:s�hts in thr Peoperty...1f 8omower fails to per�omi;,L�e covenants and u�e.ess7tents
<br /> � .,,cr��,�;ia�a�ty Insar�.�ent.or ihere is a tegat -�i�ing thac may sig�ifc��t[y affect L.ender's rigt�s�C7i��1ae �. •
<br /> � '� Property'(such as•��ce�ceding in bankruptcy,probate,for cond..�mnatian or£azfratura ar to enfarce taws uc regutaaoas?�tf�en
<br /> `, Lender may da ar�:��►�,ay for whatever is necessary to pmtect the value of i:t�e[stapect�r and Lender?s ri�ir�the ProP�Y•
<br /> � Lender's actions may mclude paying smy sums secured by'a lien whicb ha�;�r;�rity over this Security In�UUment.appeanng, . _
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<br />- � in wurt.payi�g reasonabte attomeys'fees and entering an the Property to make repairs.Although l.ender may take action
<br /> under this pazagraph�.Lender dcew aot have to do sci. -
<br /> ., Any amaun�s disbur�ed by Lender undec tbis paragrsph 7 shall became ndditional debi of Borrawer secured by this
<br /> . Security Insin�menE. Unle�.c Borrower and Lender ogree ta uther terms�f�y::ment.the.r•e amounGc shall bear interest from the ,. _:
<br /> date of disburse^z:..t�at the Note rate:u�d�ha4 be payable.with inter�;c.r�a natice from Lender to Barmwer requesting _
<br /> _-�. paymenR : ' :.. :' :. .
<br /> - g �e�nsuranct. If Lender required mortgage insurance asti a candition of making the loan secured 6y this
<br /> : Sec�.�ib:c frx�.�c.:r��:Borrower�fral!pay the premiums re�v;r�.x�o,mainrain the mortga�e•insurance in effect. If,fdr any =
<br />''' �; � reasc�:.�z*;;�:�e insurnace ruverage re�,:�_ed by l.��a:.;:�ses ar ce�ases ta i� =;,n;effect. Barrowes shall pa�c�ihe =
<br /> �� • .prem��:V'�.Yi:sa�'s�a abtain covcrage subsr,�s,_::.;ty equtv�r:�-:�so the r_carr��e insutance previoasly in effect, at�cau -
<br />_- •'..', . •substac.tr«;:.��:�znt to the caxt ta Horrowe.r,�j:the mqrt�age insurancr�r�-+s�a�ly in effect.from an attemate mongage -.
<br /> _ � +f insur�����by l.ender. Ii substantially eyuivatent mortgage insurane'e:.�c�eragc iw not availubte.Bonower shall pay to =
<br /> - F L,e��-�e�.'s�onth a sum equal t�one-twelfth vf the yesuly,^:origAge insurance premium being paid iry Borrower when the -
<br /> ins�a:��erage lapsed or cra.�ed ta Ix in effect. I.ender�.`�r•sccepi.use and reta9n thew;.payments As a la�ti reserve in lieu
<br />._ - p}'�cr•�;�W.:��r:.rance. l.osv reserve payment�may nn teia����requlred.a1 the oplic:e of l.ender.if mortgage insuranee
<br /> � � cavera;�e�s;i�s as.uunt and for the period that Lender rr;��;•�c�«prav�ded�F��a�in�urer�ppr�vcd by l.ender again hecomes -
<br /> �' • � � '. ' avaita63e,��{'s c��ed.Bnrrower shall pay the presniusrs;t3,�:�ir�i tc�ci�u':�eran mort�age insurartce in�':t'ect.or to provide a . ,•
<br /> ' , � los.c tevc�eF.u�'l.i��rT'r requiremcnt fnr martguge imu�7nce ec:�t�.�n��a,rds�:zr.��si�h:ury written agreemreai between Barrower. . •
<br /> - and t..c.�,x��.�'��7r`�:able law. �
<br /> '� '�:...�rr3-�ectusn, l.ender ar its ngcnt may makc reasor,-h[���:rics upon and inspec�:ivac of thc Propeny. Lrndcr�hall f
<br /> ? � girr t3p:rower runi�e at the tim:of nr priur to an inspection speeifying n:a�enabte cau�r tcr the inspec�ion. �
<br /> _ t0 Cbndem»t�tenn. The praceed�nf.iny•r�vard or claim for dama�c�..direc�ur con`eyuemiul.in conneclian with uny �-
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