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<br /> � . �:tT�F�ieqaues. Tl,e er�aece camier pmYiaing thc insuranoc s6aij be cf�ea Iry eamwe�s�ue,�eet co t�enaer�s
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<br /> _,: '� s1a[I�at he�san�big wit6beW: [f BaQOwer faifs to maiKain coverage desc�i6ed above._l.ender may,-at ., —
<br /> �'4P#.�:.��.___ �
<br /> � ; ° Lp���Q(�t, a�n cove�sge to pcutect I.tade��rigA�c in tlie Ptope�ty 4s accordaace witt�paragraph 7.. —
<br /> � A�l,��y��aoee Palicies�nd c�aewaIs st�l!br xxeptabk ta E.endcr aad stial!h�elude�stvidard mortgage ctaase. L.ender ;
<br /> shap hiye Rt�C.ag6t tolwid tl�e policies�td rtocwat.s. If Lender reqaires.Bomower sMrll p�omqIy give ta l:�tder all receipts .<:
<br /> o�pajd;p[pj�eiut�s aod ienewai notices. In tbs event of toss.Borrower shail give pvmpt notice tn the insurancc carrier and
<br /> � I.ende�,I�des may raake penof of toss i£not made psompt[y bjr Bamwer. ��
<br /> tt��eader and BoEra�r�u�rnvise agcce i�xr�n��as��P��4 sAaU 6e applied m crstoration or repair nf ;;
<br /> �, �f tix tator�ian a npair is�ononucally feasible and lxnders serurity is nat lessened if the ;�
<br /> ����'�nat ecariomipliy ftasibk pr Lendet's secarity woaid be lessened.the insutance proceects sSatJ he `.:
<br /> . . ��. �
<br /> '. �PP�•FQ{ .sums secured by Wis Securiry.[nstrument,whetlrer or not the�due,with any excess paid to Bormwer. [f `;
<br /> _. . _� ' tHe property�or daes aot aoswer withia 30 days,-a notice from Lender ti�at the insurance cartier has ;
<br />�_- �_��—. — -
<br /> � of��.En�[t7e a cWim.tbm l�oder may coikct ttie itu�caoce pmacds. l:ender may ase tf�e piuoeeds'fo�paic or iestorc.:; - -
<br /> oe
<br /> .` dic. a to P�Y sums seeurcd by this Sec�ufty lnsfinr�ent,whether or aot thai do�e. 17r 30-day�eriod will begia.wben�;
<br /> � th4,�Sivea. . _ . :
<br /> U i.eader aad Sarnwer od�erwise agne in`writing,any applicatioa of proceeds to principat sl�alt aot,extend a r _ -
<br />- � 't ; s due date of�he monthlY PsY�ts rcftrmd to in paragiaphs 1�and�or change the amonnt of the payments. If �
<br /> aph
<br />'� ,, �� " 2 1.t h e �.s a c c N i r e d b y Lencks.`Barowers righ[to any insurance polieies and procePds resulting..
<br /> ��t Pr°Perty'.
<br /> ;, ` to til�o Property prior to the a}�quisition_shall pass to Lender to the extent of the sums secured by this Security, -; _
<br /> `:- ���ctj�►ediau[y prior to the acqcusiti�n. :. _-
<br /> ° 1; �,�... . Pr�erv�tio!. 3l�eatwve snd Protedioa aF Me Property, Bor�orver's Laao Application;,;; _
<br />_`,;; - l,p�.��'Bo[rower sl�ali occupy.es3�{�,and u�the Property as Borrower's principal residence within sixty days after ; • �___-
<br /> ,�. ttw e�rts;iacs of this SecuricS+Instrument�d shall cantiaue to accupy the PropeRy as Borrower's principal residence far at ;, . __,-__
<br /> ` " le�st.,oq�,.�u after tbe.date of occu�ey. unleas l.eMec othecwise agrees in,writing. whicb consent shall not be ::' ��_---
<br /> � u ees ., —=--=--
<br />- , un�(pgwithhetd,or unless eatena�ing etnwn_stances exist which are 6eyond Bwiuwer's coatrol. Bomower shat!not.��� . _-__-_
<br />- destnoy�d�jsr�g+e or impair the Property,atl�w tlx PmptRY to deteriarste.or commit�vaste on the Propercy. Borcnwer sha11 ;' ____-
<br /> - " b�,iri�auit if any for�eiture aefion or pr+aceedfng.whether civil or acminal.is beSu�that in�Lender's goad faith judgment.�; ---=_:w,�:__-
<br /> �' '� c�¢,�d'sult in forfeiture of ihe Properey or otherwise materially impair the lien cmated by this Security Instrument or ;.
<br />. ` � T�securi mter�st.Borrower ma cure suc6 a default and neinstate,as ided in h!S,b causin [he action `y` °
<br /> -- _ ��� _ ty' y P�' Pa�fi�P Y g �• �:_
<br /> . �� or prpp�eding to be dismissed with a ruling that,in Lende�'s go«J Paith determinatioa.precindes forfcitare of the Sorn+wer's ; _�`-,� '-
<br /> �' �f-.,:`-
<br /> int,�t,�n.tt�e Qroperty or other material.impairment of the tien created by this Security Instrument or Lender's securiry ;,. •��• - ;; •._
<br /> ` • �t�R So�tower s ha A a lso b e in d e F.�u lt i f B ormwer, dµti c r�t f� l a a n a p p l i c a t i o n p r o c e s s, g av e materiall y false or ;, r:: ".-,.-:�---
<br /> ; � irq�gu}�te information ar statemenw to Cea�..�`er(or faited to pravizfe Errsler with any materia!infomiation)in connection with :: -�`''':=
<br /> = tt�„Jq�i► evidenczd by tM Nore, inctuii��.but not��imiteci'to. �esentations conceming Rorrower's accupancy of the ,.: Y, : -', � —
<br /> � �,�: PropS�}c as a principal tesidence. If this 5ecuriry Instnime+ir is on a lea..ehotd.Bortower shall comply with aU the p[ovisions � ��,,;.;,,,
<br /> � of�tt�;�se. If Borrower acquines fee titie co tfie Propert}�:the tease(ro!d and the fee titte stiall noc merge unless Lender agrees : �-�-:_ti_=
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<br /> _ �-:: ta thg��erger in writing• . '� ;-•�'_---
<br /> ±� -...
<br /> ' .7_. PrutecNon ot Lendee's �a tbe Pr If 6or�ower fails to darm thc covenanks and agreement}� "�'� '
<br /> _ -�r .. RigiR�� opertY• Pe E,.x,.,....•,---
<br /> t � � � con ,t�ned in ttiis Security Instnunent,cc t�err is a tegat pracee�g that may signiflcamly affect l.endery rightg m the :; . . ___
<br /> ' : ,.�� Plropr,{ty(sucb as a proceedircg in banicruptcy.probate,far condemnation or farfeiture or to enfarce laws ar regulations).then „ �k, _: —
<br /> , %���S:?_ ' : 1.Fn may do and pay for whatever is necessary to protect the value of the Property and Lender's righis in the Propetty.. - '- . _=.
<br /> LRn�i:s xtions may irulude paying any sums secured by a lien which has priority mer this Security Instrument,appearing _ �''a`"
<br />• � • ' ,in.,Faart. a in reasonable attome ti fees and enterin on the Pro rt to make re air.s.Althou Lender ma take action , ;f::"
<br /> � .-;. P Y s Y�' S Pe Y P £-h Y ..
<br /> � i u . this ta h 7.Lender docs not ha�e to do so. '"�'•
<br /> ��':�.;�� ; � ' � W'�'� P : ,,,•
<br /> � �-� �•- � Any amounGy disbursed by Lender under this paragraph 7 rhal!become additional debt of Barrower tiecured by this i� .�3:�:,
<br /> - ��x�" Serrjrity Instrument. Unle�s Bacrower acr�l.ender agree ta ather tertns of payment,these amauqts shaQ bear interesi from the .: I, •:«,__-
<br /> - date of disbunement at the lVote rate and shall be payabte.with interest,upon natice from Lender to Bamower reyuesting .. �,'�.t�� ��. �,„-:
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<br /> . ,-'. : P�.'�nt. •. 4.,�1. . .o•_
<br /> �.8. Matgage Insuranca If I.�n�required mongagc insurancc u�a condltian af making thc Iaan secured by thig.: �;i, ��r;:�
<br /> - •._,..''.:.; ��:.� f
<br /> - �*-�-�'�'`:'"r�``: Se 1n�sL�ent.Bartower yhap ay t�:e miumr rc uircd tv maintain Ihe mon e insurance in effect. lf,for�ny , r�w;,3.=�::-'
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<br /> '•�'' . rS:L;��1±'�r � re.�son.the n:ortg:�e in�urance cati•er•.�u reyu�red by Lcndcr lap.c� or cr�sc�to I�e in effect. Borrowcr shall pay the;, , . •,r„f•:'.:�
<br /> ,„ :,�I±:y �:f pc,�,ttnums requircd to obtain coverage sub�t:uitially eyuivnlem to the mortgage imurance previnusty in effect� at a cost , �,. }:..�--.�_
<br /> . . �,,, suit�tantially equivalent to the cost to Burrowec of the m�ngage in�uranre previou�ly in effect.from an alternate mortgage . '•Ir, ,�;_
<br /> ' -�• ���. i�ocer arproved by LetHfer. If�ub.rtantially eyuivalent mortgage insur.+nce ce►verage ir nnt availahle.Borro+��er sha0 p��y to :, . � °_
<br /> . ; .�•_.:- ,� , ,.
<br /> l,gnQes each month A sum equal to one�-tzelfth of thr ycarly ma�ga�e in�urance premium being p7id by Borrawer when thr;; � ;�,,,..' ��_
<br /> •��� -'`,' ;i in,yamnce coverage I�pscd�r cr��a#ta b,ii effec�. Lendcr wiU accep�.u.e and ret:tin the�e p:�yment�av a toss reserve in lieu ;, � ` __-
<br />.�-�:-�' u'�,*::'t�. {.: nfi�nortgage insur�nce. t,a��rc�Re�:::�ent�may nu longer he reyuircd.at the�tiun of'L.rnder.if mortgag�in�.urance . . - =-
<br />� ,�<i�, .,,.'�. J e��erage(in thc amnuat ar�fnc tf•r:�vrod that Len�icr rcquirc�l pmvided by.m insurcr approvrd by Lender again bccomc� . � ..,
<br /> ' . _ �_•': ;�. �vpilablc smd iv obtaincd.6crrau er+hall pay thc premiumr reyuircd to maintai�i mcin�,agr in�uruncc in c f fect.ar ta pruvidc u , � ., �wc
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<br /> " , r(: la�s re.rervr,until the requirrmenl far^.eflg�ge in�uranee en�t.in accordanre�vith any written.�gmemem beiwcen darr�nver . ,
<br /> . . :+j und Le�derar;.�plicabte law. =��.
<br /> `,�:, 9. In��eeti�n. Lender c�r its a�sTc��ay makr rcationable cmrir.upun und in,pcc�iun�of tY:�.Pruperty. Lendcr�haQ � � ! ' .. ','-': ..,
<br /> , �`'• - g iv c Bo r t owcr nuticc at thr tim�ai or p�i��.to an in��xctiun�p crif}•ing rc:i.�mablc cau.r for thc irt��:�ion. ' �
<br /> k ;,: ,.+; � . „• . °
<br /> .-' 10. l,ondtmnation. The prcxeeC..of any award or claim li�r d:imar�+ dit«t��r comequera:al,in cunnection with any � � .
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