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<br /> ` prop,M� iotured apiost ia�s E'y fue. I�wr�inctaded wis�ia tlie�t�erm'extroded coverage'aod any.t�lk�h�t,�p4dgfLtnCltedies
<br /> - fWods or tloodius�for w6idt[�erWer roquiRS i�urance.�is�shall he*�txa�rod ia the_an�itius,a4d.far;ttie Petitids .
<br /> . � dqt l.eetler cequit�.7i1e irtsur�tros curier providing tbe inturatxe s1�116e chosen by.Bos�xer-.vbj�,Y.to.T,et�d���:�pQ�a��L <
<br /> wEicD.�ll not 6e unre�son�btY wi�hircld.Tf�BorrowB fails to m�itetain caverrge.�esen��uve.t,ctKkc.ma;r„�a=l�nder�s
<br /> option,oFxaia oover�,e to protaK[.eoder's rights in the FropeRF in accorda�xe witb par�graph 7. : `:.
<br /> Alt insuran�e poiw�wd r�enevvats st�li bc acce�aWG to leuder'and sAa11 include a standard rrwrsgage.c�a�t�. l�endcr
<br /> � sh�ll:have ihe.rigbt t4 MW the potiaes�ad r�newalc.I€t,etider aquit+�.Barruwer s�l!promptty g�ve�P i.end�r;alts[rvei0ts°f
<br /> P�P�'uurt�s aod�enewat notices.!n tlte eveat of loss.BQrru�va sintl give prom�pt rta�ice t�the.iruur.�carcies,,�t i�ndet•
<br /> ' Lpnlec may maice proof of toss if t�m�d�P�'��Y bY��w+er. .. . •�` ::' •
<br /> �. Unless t,e�der and&xrower othecwise agrae in wripng,iissurdnce proceeds shalF 6e applied ta re�tpiio�;qr,-��ai:o�th� ,
<br /> ptnperty d�ed,it t6e nstoration or uepoir is ecortpmiralLY fcuibte and Lender"s security is nqt lesse�ied..ff�#�;�?toration or
<br /> - cepoir is irit e�onomi�liy f�ie or L�ender's security wuuid ba lessa�ed.tLe insuranoe pr�ada_shat�'.-M..;��'�t�s
<br /> -- - sd,yn�d by dtis 5ocurity�ln�rument. whether or iwt thendue: witb any exce.s's pQid to Horsower. (f;�oFrt�WGf,_��dE►ns she
<br /> �".� , pmp,Rty.Qr dnes,�wt ansrver witbin 30 days a noeia from I�ender thst tbe inwrance carrie�t�s offe�s};ta scttl�,�{ki�laim.thu� ,
<br /> - � . I.etrie,s maY aolloct tl�e ir�urYrce procaeds. Lxnder may qse the proceeds to repair or cestore the��stls.pr,:tp_t�Y � _
<br /> saarrod by this Socaiity I�st�umenE.wtietl�er ar r�ot then due.11Me 30-daY Periad wrill6tgin wf�ea the�lW►ce is biy�
<br /> Unks.c L`ender and Sortower alxrwise agree itt wridng. anY appli�ation af pioceeds to pri�t,.sQal�::u���x�ar
<br /> .-�;.��' post�oae.tbe due date of the manthiy paymenrs referr�d to in p�agr+phs 1 atd 2 or changc tl�e a�unR.tef thei�• � =�----
<br />"-.-;; �mer pairgr,�h Z3 We Property is acquirod f.ryr i;e�tder.Bormwer's right to any insarance potiaes an¢Prac�eds.tqsuiting fram _
<br /> - ' d�pit�ge t�the P�operty prior.ta the acquisition sdaU pass to i,ender w tiie extent of the wms secuzed tip thi�:Se4vir��Y jn�tn��� , __-- -
<br /> --- immodiately ptior w the�cquisition. ; —
<br /> - - i_Oue�r�r,Reseevatioa.Maidtsvee smd Ptotectiou o[tie Propecty;Ba�rrovrer's I.oArt.Ai��t�tl'+i-� _=_ -
<br /> Bo�orver s6nU.pccvpy.est�bGsh.artd use the Pmperty as Bamnwer's princiP�l residence within siatY;41a}is att�;,thR eaecutian oF —°
<br /> �'-r;:: t1�is Securiry ios�p�y�t aad shall ra�e ta occvpy the Pruperty as BaRo�er's principal residency�.for a�t(ea4!�ne Yrar after -�-=--
<br /> • tbe date of pccnpsncy.uatess Lender Wherwise agrees in wri6ng.wfiicT�ouruent shall not 6e unrea�Anabi�,e���d��leid, or unless . , ��-
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<br /> __o : ext�p�ating c�s ex't.� which are heyond Bomnwec's rnntral. Bomawer shatl not de.strgy_..dama$e•ior impair the , �.r�.=
<br /> , ' .,- Y " gm�Cty.allow the Pmpeny to deterioca[e.or rommit waste on the Property. Borrawer shall be;i�defauli�i�'�Y forfeiture . • .: -_-
<br /> ' � aaic�ii:ar proceeding,whether civil or criminai.is begun that in I,ender's gaod faith judgmeat cout�t.re.tiult,i�,f�rfeiture af the _ •:!,:
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<br /> . PrtipeRy or othervvise materiaUy impaii the lien eteatad by this Securiry instntmeAt ar Leader's seco�ity.intetv�t.,;8orrc►wer may ;--:�-•: •--
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<br /> �•. � ; cure.sud�a dcfault azd neim�tate.as pmvided in paragraph 18.by causing the action or proceeding ta be dism�.5Smi1 with a ruling ic�4. _ _
<br /> . ' �tl�at,in I.etider's good faith detemnnation.procludes fatfe'tture of the Borrower's interest in theiPrope�tN,p;:ather material :�' _
<br /> . impairit�ent of the lien creatod by this Securiry insaument os Lender s security intecest. Bormw�sha11 utsa.(se in default if 't�?i�_:-
<br /> -' :.� Borcawer,dimng the loau application process.gave macetialtp false or inaccurate infam�aUan or statemetlts.tn:l.gnder(or failed .�—
<br /> �"+ �= to provide Iender with any material inforn�ation)in conr�tion with the lc�an evidenced by the Nat«.inelud�itiut not limited - -�°-:--`�
<br /> '� to.representatians canceming Borrower s accupancy of the Property as a principal residence. If th��-Securirj�ln�trument is on a . -``�"` -- s
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<br /> .. � �' leasehold. Borrower shall comply with aq the provisions of the lease. [f Borrower acquires fCe title:to:tlra Fropecty. the �- = . __---.
<br /> ;`��v.,' leaseho ld and t 6 e f e e t i t l e s h a l l n o t m e rg e u n l e s s L e n d e r a g t e e s t o t h e m e r g e r i n w ri t i n g. ; : , , � ��Y�r
<br /> " 7.Protection ot I.ender's Rigbts in the Properiy.Jf Barrower fails to perform the covenant�and agrec���ts contained'in ���
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<br /> • this Security Instniment,ar there is a legal procceding that may significantly afTect Lender s righik•in the�Pmperty(such as a , . � •�.
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<br /> � � - proceeding in bankcuptcy.prabate.for candemnation or forfeiture or to enforce faw,ur regulatioiltil.,then l.�:ider may dn and _,`�;.�'
<br /> , ' pay for-whatever �s necessary to protect the value of tt�Property and,[.ender a righ�s in the Prdpe�ty.l.Cdr.+�i s actians may _ j =;;__
<br /> inctude paying any sums secured by a Iien which has priarity aver this Sccurity Tnsaument, nppcaring�,�n court, paying _, � -i;"_
<br /> � " ' • rea.Gartable attomeys'fecs and entering nn the Praperty ta make repair..Aithaugh Lender may talte action�tM.�t thts paragrapb � - .
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<br /> - - =�':i 7�I:e�+Gcr daes.t[�t.have to do sa. . s: ' ;.._�"--
<br /> --•°�� -.: Any amaur►ts�disbarsed by l.ender und�r thi+ paragraph 7 shalt became additional debt:'.41'�n�►we�+rsecured by Ihis � '�c�:
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<br /> •' n� , Security(nstrartr�ni.Unless Borrawer and I.ender agree to ather terms of payment.these amounis.`hal)beur�i.nterest fram the .,��,,�
<br /> ��;'�``` d2te of disbursement at the Nate rate aad Shall be payable. with intetest. upnn noticc from I.cinder ta �ntl�Wer requesting . �i,N�s_
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<br /> •��.s;;i' S.Mort�g�it�surpnce.i1'l.ender reyuired mortgagr"s»surance ati��canditian nf malcing thEt laan Secutd�by this Se�vrity , �� ��=-
<br /> - ' ';;;� . tnstrument. S��rr��wer shall pay the premiums reyuired to maintain the muagage insurancc in efFect. 1f.�firt any reason, the .. ``��,.
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<br /> �. mortgage insuratt�coverage required by l.cnder lap.ces or ce�asey tn he in effect.Banawer shall.pay thrprgsniums required ta
<br /> ��"��'�=' obtain rnverage Substantially equivatent to the mori�ge�R,urance previnu}ly in effect,at a ca�t�ub�ts►ntia,lfy ec�uivatent ta the .
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<br /> L cost to Borrowcr of the monCage insuranre previausly iq etfect, fmm an ulternatc mc,rtgagc'insurer app,•pvpl by l.ctxfer. if
<br /> '`� • substantially equivalent martgabe insurance a�verage n not availa�+le.Rnrruwer�ha{I pay co i.endcr cach n�vnth a sum eyu:�l ta ' • :
<br /> :��� � � one-twelfth af the}prly mortgage insursace premium beir.g p�.�id hy 8urrower�vhen the intiurattCC r���cra���lapsed ot ceayul to . .
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<br /> ;:_,; ' • . be in effect.l.cnd,��,ilt acce�t.uu and ret3in these payn�ent�as �lo�ti resen•e in lieu ��f inetiga},'c +n,4�funce. l.vss reserve
<br /> iam 3029 9l90 � , . .
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