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<br /> ;��"�`;.�•`` ��'.. S.Haaaed or F�ro�tty Itt�twnc�.Sortowet siml3:Ec�•tt�e.�I�q�enrs naw e�dsring or'�e�eaRe�c ere�e�nn�the z�'`��,�:����
<br /> ° � ` 'e°4�s=-�;�. ° Pmperty insure8 agutmt lass bq_Eir,o.hmraMs.inci+lded�it�in�aYaete�nn,"�ded+oovetage'ai��aqy;other�s,including �,;,;� t�,::�'��;::
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<br /> r r ,:, -n. � ftauds ar flaading.tcir-tvhtris t.ettci�-s requis�ipsttt�n:$::'�it��is�e�ttC�3�hat2;1�ataiataii�;d�:�tt t�sa:n�entssad.for the ge�iuds: � --,r- �
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<br /> . 4�� .�;� ;�•;w� thnt�.ender requirs9. The in�umnt�c csltricr providln�:tt�t,ir,.RUtattce:s}i�be�hosea t�����on�ower,�siiliject to.I.ender•s appmvai A + � � :..,�,r
<br /> 's .�, �� --F, whlcA sAuli no16e unreaso�t�bly� �viih0vtd.Ii'BQrmwcr�'�il,�:tt��mAitttain oovex�ge dcsci�il�above, lxader may,ac Lender's ,� :<. , :�;`;r�.:
<br /> `' � .' �.�� option.ob�iin covemg�t�protert Lcndcr'Si(�$IitB JCR�1t P11�j3dfi)�i�AGi�!)S�OB�[lt�1 P�b 7• '� '� � ` t_ 1r�:
<br /> ;s; ��'�`° ti .-��` AII insuranre polieies und renew�t�s�ul�'b�s:accCgcttQF�:tQ Iursst�rsad sb�lt�'iniciude a stai(daziD inartgase c3ause. Lender ; r .; ,;.± r `�
<br /> ; t �� 4_,=�„� shall have the dght tm hold thr poficica and�tmwQfn�:if Letuf�t�e+�qrs(r3�;Borrowet shal�pr+ompdjr�gi�e io Lender all��eceiptsof �> � �
<br /> s-� �'�,� -'— ����-=�: aid remiems aed m.newa!notices.[e�hu eYetttta€l�t��asmwrr;sf�� ve ro t-notice to the uuurance carrier and Leader. `;f;`__ . ;'`'�' � .,`
<br /> = �� P P & P ;mP .. �-Y-- � _
<br /> ` _ ,�_���,� LeaQer may make pronf of loss if not mada prcvn�►tt�t:Dy,i�srsa�arrr:: . . . � �: ,, �-_. a°.;.
<br /> _--�-----="-� Untess�eartec ant!Borrower oifi�rwist�t�t�:fa:wtiting;;i�ssttvjtae Pr�ce�cis$hall�be applied to r�s�anation or repair o€the _-- -
<br /> � 1� � ed.if the restoradon or � '- --
<br /> .; 3-: �a�ts PropenY aamag 1'pPfljP.].4.EG(1liQtillR��.fCt14�BIS;Bd�Iki�dCi's.security is not less�ngd.If the restoratioa or : �� , �-3� �
<br />_::;.� <, .. : ' ;;: � repair is not economically feasibte or l,eadOr`��eaq'i�t;w.4i�id;�tp:lessened,the insu�ance pr�nceeds sha31�applied to the sums ;; : . . :::Y:_
<br /> �- - secucpd by this Secur[ty Insteument. whethar oi�•iwti;th+sle�dtjp;..with any ezoess.gaid'ta�.$orrower. If Somower abaadons the • s ��a : $
<br /> x .:«, . . . �� .
<br /> <,- : ,. . '. Property.or does not answer within 30 daya a nutice froni;3xnder that the insurance caiiier has�m seule a daim,Weu . ._K `4 � , .� f".
<br /> � r ��; � •-.� Lender may coltect the insurenc�.pmceeds. Lender may �se the proceEds to mpair or��restor�:the•Propertjr or to pay sums ? :.
<br /> ; '��-.��` secured by this Securiry In4t�ument.whether or noi then due.The 30-day period will begin whr�t the na�ce.is givea. b �� z:z �
<br /> ��= -�;s,��t�; . . Unless Lender and Barrower othetwise ugree in wdting. any epplicaaon of proceecLc to�princapaT.sh�ll not eactend or Y -
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<br /> �:�;;�;��:�_�: postpone the due date of the monthly payments referred to in patagapfLS 1 aud 2 or c�at�ge�the�amouat of ahe payaments.If :;;;,��,.;,�;: :..` - ;.,
<br /> - �'�„ �: �snder paeagraph 21 the Propetty is acqu��ed by Lender.Sorrower's eight ta any insurano��rniicies and proceeds resulting fmm '�:�.,;�, '
<br />- ;�,�`� . damape to the Propecty prior to the acquisidon�hall pass to l.ender to Ma extent of the sums saciu+ed 6y ttvs Secutity Instrument . °• •; -� ��`�
<br /> �^' �� , immediately prior to the acquisition. -� .�� '��� ;
<br /> :�� ° 6.Oec�tpsnsy.Preservatton.Matntenar��e an�i Peotectton of t8e Propz�ty,Borro�s YAac3 A�plecatIon;Leaseholds. �, �° '�` t�,
<br /> `� t� _ � Borrower shall eccupy.establish.and use the t'roperty as 8orrower's principal msidereoe�wiihia siaty days afrer the execution of �r ' .� '"�' � '
<br /> � -�,Y � r :
<br /> -�� Ukr � this Security lmgtrument and shall rnntinue to occupy the Property as Borrower's principat r�sidetme for ac teast oneyear after . �F'���,�;sy.:i,,'",�y
<br /> � ,•°? the date of occupancy.unless Lender othenvise agrees in writirtg.whfch oonsent shall not�be�reacoi�bSy wiihhelii,or unles; �;�i`� �r � ,� •
<br /> " �'�f extenuatiag circumstances exist which are beyond Bamnwer s rnntroL Borrower shait not destroy. damage or impair the .� ' `
<br /> �> t ` Property,allow the Pmperty to detedorate.or mmmit �vaste oa the Ptoperty. Borcoaer sSaIt t�in ciYfault if any forfeit�ue ,�� �, � ��:
<br /> - � <� action or praoeeding.whether civil or criminul,is begun that in I.ender's good faith judgment oavic�sesuit ia forfeituae o�the � ° �
<br /> � ;�� '% r - P�+ope�ly.ar otherwise materialty impair the lien created by this Sccudry Instmment or Len�r's securnty interesc.Bonvwer may ;,� .�. ;: r��
<br /> • � � ; �,, cure sueh'a default and reinstate.as provided ia paragraph 18.by causing the action ar prooeeaing ca be dismissed wich a niling > , �'-
<br /> ' :�: t _� � Wat, in Lender's gaod f&ith determtnatton.preclwira furl'eiture of tAe Borrowcr's intcrest in ctie Fn�rty or other material - � ; �°'=
<br /> � � � `�,���'t t� , impairmem of the Iten created by this Security Invtrument ar l.ender's security interest. Borrawer s�hafif.aLso be in defauIt if
<br /> ; a � �E� ��.�.� �
<br /> � � 4 j� :��t��+�; �'t� 8omnwer.during the loan applicarion process.guvo�mnterially fulre or inaccurate infom�ation or statem�nrs to Lender(or failod. � ��. � 1,�
<br />_��,;- :.�x;;�,•:>.��::t�:1w_v�•; • .
<br />_ r,.;,,,,.;t,»;,,},.^,,,�,^,,,,. to provide Lender with any moterial inforn�ation)in connectiun with the laan evideaced Dy We Note,including,but aar limiced �,,. ' . � �;�.�`,` �-'
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<br />__::,,; �?;s f.;_..;:�;.�';��,,���: to.representadons rnnceming Bonower's accupancy of the Property as a pr�ncipal resideneg.If this Securicy Inscrument is on a :, '.:_� : °
<br /> � � ' r ``;z' utt����� leasehold, Borrower shall oomply with all the pravistons of the Ieuse. If Borrower acquires fee tide to ths Prdpe�ty. the �;�
<br /> ` � ` ' '�� �r`� '� ' leasehold and the fee title shall not merge unless Lcnder agrees to the merger in writing. � `,
<br /> } ; '' � 7.Protedion of I.ender's Rigfits in the Property.tf Barrawer fnilw ta perform the covenants and agreemeats oaatained in `
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<br /> �r�s'�°:`� `� this Securi Instwnent.or there is a t at roceedin that ma si niGcuntt uifect Lender's ri u in che '
<br /> �:.� ":.. .,;:s�•� .��� tY �S P S Y • 6 Y Sb ProPe�Y(sucb as a �`� _
<br /> � ' S.�� •`:;':::"'' •" pruceeding in banlcruptcy.probate. for condemnatiun or forfeituro ar w cnforce laws ar regulations),t�tea Leader ma3�da and � ° •� --
<br /> . � �
<br /> ' '• ''' pay for whatever is necessary to protect the valuo at th�t Property and Lender's rights in the Property.Lender's actions rnay '�`- �
<br /> : E � include paying any suras secured by a lien which has priority over tflis Secu�ity Insnumen[, appearing in caurt, paying • a,�:.
<br /> . � : � reasonabte attomeys'fees and entering on the Propuny to nutkc�cpain. Althc�;:�A l.ender may take a�ion under this paragr�oh . •
<br /> ' ;:�: '� `�'`.- 7.Lendet does not have to do so. ,. ��'`��
<br /> , �•. _•,�
<br /> . ;:. ��+�.� �.;;;.•;� ' Any amounts disbursed by I.ender under thiy puragraph ? shull bccomc additiona! dc6t of Borrow�er ser+ue8 by this . - � ���`:
<br /> :. .; : -.: .:;
<br />�, :: !, :,;�,,,,Y;�;,;;�;.:: �, S�curiry Instrument. Unless 8orrower and Lender agree to othcr tern�s ai paymcnt.these amounts shali bear interest�rom the . '�._r_{,.�..:�� ' ��
<br /> �. � � '� ��' date of disbursement at the Note rate and shall be payable. with intcn�t. up��n natice from Lender to 8orrower reques4ing ' . .' ,, , �
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<br /> E,,' �°�', ,:� payment. � �,;ti,
<br /> " ���":�` '� `��`��� 8.Mo e Insuranee.If Lender re uired mort a e in�urunce u�u conditi�m��i makin the loan secured b this Securi • ` ':f��;4,.
<br />�;. �;:;r�;�'�;;::;-:;;:;::::`: '. � 9 BS S Y �Y :�-,:;
<br /> _ :•:;'���::�-�!�•: ����� Instn�ment. Borrower shall pay the premiums required ta mainwfn �he m��rtsage insurance in effect. If. for any mason. the � 't�`'.';,. �..
<br /> � ' :-;";'"`<��� �`''�'` � •� mortgage lesurence coverage required by Lertder lapses or ce�.tics to be in eifcct.6�►m�wer yhall pay the premiums requimd to • `''� •.�, .
<br /> �� �.,;.�:,..:-. . , , . '`t�:�1``;,'t -'�
<br /> `;�`:4 t•,.,,,....=.;� �� . obtain wverage substantially equivalent to tha martgugc imuruncc prcviuusly in cffrct.ut a coxt substantially equivatent to the 4.1�-t��.?.�_.
<br /> . ��-.. .. . . ::,�y�,.:. ,
<br /> _ �. •. •"' ,� � cost to Borrower of the mortgage insuranae pmviously in effcrt. frum ua ultcrnatc mortgugc insurer approved by Lender.ff �` � ����*�a:.• ••
<br /> � . .s„
<br /> � �r� ''�:�•:�•°.< ��'�� `'' substantislly equivalent mortgage insurartce ooverogu ia nnt avuilubic.&�rrower nh�{I pay to Lender each tnonth a sw�s equal to "�'�� ��� � ° • •
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<br /> s.� •,: ,.::�`�;,r;�:,�•�,��;: one-twelfth of the yearly mortgage insurance prcmium being paid by B�m��wer when the insurance coverage lapsed or ceased to �:�,�•••. .. •
<br /> t��« � '��`'������'?' be in effect.I.ender will acce t,use and retuin tflese aymuntw ax u luzx re+c�ve in licu uP mort a e insurance. Loss reserve t'�"'����' • •� �
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