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<br /> =--------�_�---�__.� ._. _Qerinds that I.ender�,-'Ihe;�n��x cartier�mv_tdiag the iatl,�++�sdatl b�dtoseu by Hmm�su6jec[talaade:� __ ... —
<br /> _ -- - . sppf�uvel which�stial!aot 6e un�asonabIy withIletd. If�mwer faits oo maintaia covecage desctibed ebov�Leuder ma3►.at —
<br /> - � Lenderh upfion,aDtain coverage to pmtect Lenderb rig6ts in the Rvpeety in aceoidauce with parragrapL 7. ., -_
<br /> -_'� � AU insurance polictes aad�+eaewaLs shall be uooeptable to Lender aad ssl�alI incl�tde a standard mo�gage cia�se. Lender
<br /> -- i 1 --- sdall E�ave the right to ho2d the policIes aad teaewats. if t.eader raquires.Boaower sbalj P��PUY S��e to Lender all re�eipta '
<br />�'`�� �� �� of paid premiums aad ienewal notices. Ia the event of Ioss,Hotrower sIIall give pnamnpt eotEce to tIIe ie�suraaROe can�Ier and =-___
<br />�:` - � I.ender. Lender mayr make pmof of loss if not m2de prumptty by 8o�ower. -------- - -
<br />-'�.=_ Qnless lend�r and Boa�ower othenvLse agtee in writing,insurance p�ceeds s6a11 be epplied m Yestosatioa or:+epair of �__-T.- —.
<br /> � " ��. =�:.;*.�'{� the Pro�erty damaged,if th€testoiation or tepair is eooaomicaliy feasi'62e aad Lender�s security is nat tesseneQ. lf We �
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<br /> __.� �.�s,f� _:' .�• restaiauon or tegair is not eoonomically feasible or Lender�sec�ity would be tessened.the incurance pmceeds sLall 6e� ��� —__-—
<br /> �� � ,, �T applied oo the suins sec�ed by tHis Se�vrZty 1�trtiment.whether os not then dne.witL�y�exoess�sid to�Jomow�r. ff ���--�
<br /> ? "�p�,�`�' '•• Bomower a6andons the P�opeety.or daes not answea within 30 days a norice fivm I.ead�taaz the iasuzanoe canier has �'�;��_.
<br /> � •� �4 °�`< offeied w settle a cisim,tl�n Lender tuay collect the ensutance p:oceeds. Leuder may use the proceeds to tepair or tesoore z� >-�.''���- ..:..
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<br />- r s�_�. -.%r`. "��:,° • t t e�P m p e rt y o r t o p a y s p�4 s e C�t t+e d b y t h i s S e t u�i t y I n s t n u a e A t.w h e t h e r o r n o t t h e u d t t� 7 T i e 3 Q-d a y p e d o d w'i l l L e g i t r w h e n 3s�k��,���
<br /> -�,-s,,�-���-x the natioe is givea. -
<br /> R r ,,,u�n , Un2ess.I.�uder and Haauw�r othetwise ag�ee in writinS,anX aPPlit�tioa of pmceeds to principai shall not extend or �;�-�:
<br /> "`+s� ��'� - `' ��° ; ne the due date of th�monthty payaiears ceferred co in paragraphs 1 aad 2 or cttange the amoimt of Me paymeuu. tf �a"""'�"'`
<br />�': �r��� ;•'�+`��' ` u�n�pardg�-dph Zl the Property is acquired by Lender.Bo�rower's right w any insurance paliaes and proceeds resWtin� �„���
<br />- '`_- -3' _ ..: ;,{'y���� � fmm damage ro the Pcapetty prior to clte acquisuioa sha11 pass w Lender m the extent of the sams sec�ued by this Senuity � .��°
<br />_ '''= - ' Instrument immediatelY grior w the acquisition. r � }-.
<br /> _ ,� : �f �.�`s,. -'�G�
<br /> �__ r� . , 4 �;Y�l�,. . _. �__"'
<br /> ,�t£:<`n� 6. Qocu�ac3y Pt+eservatfon, Mainteoaaee aad Ptotectton of the Ptaperiy: Borrowe��a Lo�n Appl�ratton; ; ��.���
<br /> �.':. ,� . -.�.:�n;.;.,, : LeaseEotds. Borrower shaU occupy.establish.and use tke Froperty as Boirower�s principat eesldenoe withm siz�jr days et�er ;•..,.�..-
<br />-�,;.., ?:� '�u`.��.� tiie exea�rina of this Securiry 1nstcument and shall cantinue to oocuPY��FertY as Boaower�s priucipal mstdence for ei �r ;�-_—
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<br /> :`' ,, ';','`, l�ast one aRer the date of oocu , un2ess Leader o�+ise fn writin which caonsent shall nnt ise •�
<br /> - �. � :-Fti:� Y� P��Y � S• ;�rt�,:__
<br /> _. - �-�. .=.� unteasomtsL�Aithheld,or nuless eatenuatinng ci�umstances e�st wtaeb ase l�yond Borrower�s control. Bmmwer sfiali mnt - �f._,-- -- .
<br /> `�`y�. ;� destr+oy;daadage or impair the Ptoperty.allow the Fmge�y to deterioiate,or cammit waste oa the Propeity. Bnaower s6ait. � _
<br /> � j;��.' ;c'�-�` be inJ defa�u�tIt if any fo�nue action or pmceeding,wliether civil or criminal,is_be�a that in L.ender�s gaad faith judgment ��:. :q��--
<br /> j +.�i:r .4 .��.. COUIY ICSYIL III of the Pro or otherwise materiall im au�dre�it�created b this Secaui Instcument or - �.;.. � .
<br /> � < <,�����. f�eit',a� PertY Y � P � Y � ;��;�� c�
<br /> �1�y' ._ L.ender's ��or�uwer ma c�ue such a defautt azcd re�state,as provided in h 18.b causin the action ,..: �' _- -
<br /> �s�,. �� Y P�S�P Y 8 jti,. ti�
<br /> = or proceed�tu.�e dismissed with a niling that,in Lender�s gQOd f�dete�miaation,p:ecludes farfeiture of the Borrower§ �,h. } � �
<br /> . .°��; , we .'s'�`;'
<br /> , inte�st ia tF�e HYiperty or other material impairaaeat of We lien ck*ated by dtis Secuiity Ins�ument or Lender�s seamity .I•:,'`,�.._ .
<br /> - - 't�..�. : intenest. Bomuwer shal!also ee in default if Boirower.durino the loan application prooess;gave materially false or �<<= �i: " — -
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<br /> ` ,:;;�;;i : inaccurate infomiation or statements to Lender(or fa�Ted ro provide Lender with any material information)in ooaaection with -:: �•'` -���=
<br /> . �•:�� 4--=
<br /> :: � :4:: � • : -
<br /> _ . . . �._,'�1� "� the loan evidenced by the Note, includiag,but aot Ei�s@ted W,�representadons concerniug Bonower�oo�artcy of tt�e . '�. y "���-
<br /> Pro as� ��—
<br /> : q � :,���h-. P�Y Brincipal�+esidence. If this Security Insuurtient is vn.�d:asehold,Botrower shall vRr�gly with all the provisions ``.•. -�;�,{r� • —
<br />=�c�-? . . _� ;!� t€�� of the lea� Ef Borroiver acquires fee title to the Property,the leasaa�td and the fee title shall aar me�ge unless Lendes ag�s . .�', ,;�;_.:• -= —
<br />=?<;; �� .�r;i�5� to the m in writin . {` -?; —
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<br /> `�,�<; '";t �''��`, . � P�rotectio��I.ender's Rih�,ts in the Pro If Hormwer fails to rFoim the covenanu and a enu ' . '�:�,.s;<��� �� ��.
<br />-:%i'.� ;'•;�4.�i=1.� -.`i.ly�_i�� G" p� � ��m � 'n},t� G _
<br /> ` ds'S7^,:� ;r ti� .J• contained in this Se�it�dnstrumen� or there is a Iegal praceeding that cnay significan8y.affecR Lender's rights in the • •�z�!'��
<br /> ' Y��.;s:y� 4�3 y�.: perty(such as a in banlcru t ��`
<br /> Pro psoa��g p cy,probat�f�ur condemaation or forfeituie or to enforo:laws or regulations),then -�„ '
<br /> '?�. •.-�t�?:;`. ixnder ma sto and a for w6atevec is aere to tect the vaine of the and Leadea's ri Ls ia the Pro ;'t ` ,° :
<br /> _ � . _. _, �'� . Y P Y �Y lamn PtoPeriY €,�► Pen3+• ����r�_:�y�� .
<br /> Lenders a.ccicros may imlude paying a�r�sa�s see�sreff by a lien which 6as prioriry over this Secc�iry Insmiment,appearing �� �:•::_' .��n�
<br /> • ' I s L L�L.i�i� ��?���
<br /> ' -. ��',�� in court.pa3��ng reasonable attomeys fees and ea�..�g on the Propeny to make repairs.Although l.eade�may take action > , .� z�„ 3
<br /> � `�;
<br /> : 3• � � :�a�;�';.���` under tlus paragraph 7,I..ender dces not have to da sr,_ �?�,' '" ���'�'
<br /> �' ���::� '�" Any amounu disbursed by Lender wtder this�-agraph 7 shall become additional debt of 8orrower seccued by this >�`v F��';'�.:c;j`���_
<br /> s ' ' ���+�?� -';r Security InsuumenG Unless Bormwerand Lender ag�:to other terms of paymen�these amounts shall bear intenest from the t�3�'�'1•'`.• �'��''"���
<br /> . t..,„
<br /> � � � � ��i"`��`''si date of disL�sement at the Note rate and shall be payable.with interest.upon notice from l.ender to Borrower requesaag .�"`�s`;;���� ` ''�``;=
<br /> _ � 3 .'t•` :�� paymeitt. � .,r,� . � _
<br />__ 5; ,� ���,�"••. `.�.:' • 8. b e Insurance. If Lender 8& 8 Y -
<br /> �`� • Sc•ratgag �quimd mort a e insurance as a condition of makin the loan serured b this ��fi`�
<br /> : � ���'' � '� Security Irtstrument,Bosrower shall pay the premiums requiTed to maintain the mortgage insurance in ef�'ect. If.for any s','�`" �:` .
<br /> '`�'°-- ' •:' 8age g requined Br Lender lapses or ceases to be in effect, Borro�ver shall pay the }''��;r'` � :`�:�::; : ;�;_�
<br /> �•{a� ;'.;�., •:• .: reason, the mort iaue�ance covera e
<br /> y .:`i��;`�'..t.3^'r:• . : . ;l{: q�.. - . . ..
<br /> r� ` ��,:.,k. .; =: , premiums requimd to ofi�tain coverage substandalIy eqvivatent ro the mortgage insnrance previously in effect.at a cost i,�;;.�,,� ,, ;�,;�_ :..:•�r_:
<br /> •��';:,. � .k;:�, su bstanfi a l l uiv a lent to t he wst to Bomower o f t he mort a e insurance revious l in e ffec�fr om an a ltemate mort e ����:� • -'�`����� � �
<br /> � ; Y e9 g g P Y� P�g '�;`.�:t„��. : <<���. .. .: -
<br /> - ; • �*�ss::+:• �:-�' insuner approved by Lender. If su�starcvaily eguivalers mortgage insuaance coverage is not ava�'l�ble.Bonower shall pay to .��,,�:,:'s �i�.ti: _::.: �
<br /> �'.�'� °��'•' Lender each month a sum equal to one-twetfth of the 4early mort�g:insurance premium being paid by Bonower when the ��`�;%�is`,� � °` .
<br />_,I r � .' �11' ��.. - _ �.
<br /> � ��•���`?. '� insurance coverage lapsed or ceased to be in effed. L,e�d�r will accept.use and retain these paymer.ts as a loss reserve in lieu .,r��� . ,;:._�;�.::
<br /> :�� �:�..�, .,;'t�,. : . ;�;r,,..:., , , .
<br />_ �,ti of mortgage insurance. Loss reserve payments criay��longer be required.at the option of Lender,if mastga�insurance ;�_. . ' .
<br /> '''�'� ` ,��`�• • � = - coverage(in the amount and for the period that Lez�s�e requires)provtded by an insurer approved by l.ender agam becomea .���=� • .. :..-.{:_ .,
<br /> ` M `�`'���� availabie aII��s obtained.Borrower shalE the uns S g P - -.
<br /> �,.. .?":z,. - � �'y pz�i mqnired to maintain mort a e insurenoe in effect.or to mvide a �`. � - �.`a:::;....�' •.
<br /> .. , ,,.... ,:. . ;
<br /> ��.�),r. �,;. ,
<br /> :�_,:` . ..:. . loss reserce.�.�til the requirement for mortgage�asurance ends in accordance with any written agreement between Borrou+�r :;4,:; _ �
<br /> . " ., :j,''. �� andL.enQexe�applica6Ie law. � '
<br /> ��: �"�,;;�, . .' •i';`'� � .,,' ...
<br /> � ,..� ;v,�j-..�>;• . � 9 IaspeMto� Ler:der or its agent may maFce reasonable enuies upon and Inspections of the Property. Lender shaU g•1; . , .
<br /> � .' .^:;,,�•,.: .:.. ^Y give Borrower notice at cEv:time of or prior to an uisgaccion specifying reasonable cause for the inspecdon. '� '4 ' : �
<br /> � .� �� ' ' • 10. CorcQ�ecmva�Ci�. '[Ae proceeds of any award or ciaim for damages,direct or consequential.in connection with any °itt .
<br /> , . ,; �sa���� -
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