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<br /> - neria►c shat t�.mder rpm�iiE� '14t�in.autarrre caaier etevtdiflli�he$f&�mncci sha}t A�cZt�e�f.�►tr�c�hielier snbieet t�L�er��. �
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<br /> a .� H�IOVFI�FlItICb S�18t1 Atlt DO 1m1�S0I�1I�/WIIL�I�IlId. �BQ�l+OWtJ�8 t0�COY�t � .�Lcuuc!C�IbY��.:
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<br /> Lendmr*s optton.obiain wYeraga topmtaqLendsr9 rig�ts ir�Qte ut a000rttpd�tv��3zb�O�'�'�. - : :, �
<br /> � = All.�nsmaao�lw3icie�ond uaawals sball 6e acosptable to ar and sh2�l�ii�slud�a�t���s ct�ns�..:L�cadar
<br /> . . ;shali have tite rigdt to�cld dte golicies a�dn.�ewals. tf L�eadet�u'sres.$oaoR�r r•s�l.�y;" a�t�ei alt�reoe3pts , —
<br /> - •" of paid p�em�ra�s ead ratewal aoti�s. In du§eyeat di toss�Boisower st�aU�g[ve p�omps,a�t�_ttt�insnta�rio�cagie�and
<br /> _ -__ Lender. Lender map ma8e�oof of ioss if aot made pramptiy by$onnwd: • ��`-. , -
<br /> _ - UnIess Leader an�l Banower otLawise ag�ee�vv�iting.�ro�prooaeds s6ail t�s�sl3�d'tir�offitiaA cr ranair of- �
<br />__ -� -. - -��F�Y�8�•if the i+e'sooiaston or iepau is eoonomically�feasi'ble�ad Lend2r��t�;�pt Ie�eaed. tf the
<br /> - _= rc.storatioa ar mpair is aot eooaomicatly fea�te Qr I.ender�s security cvovId 6:t�;�th�in4c�s�:.�soceedsshalt be. �
<br /> ' ---- -- - --= - --- -ap,�►lied to t�--sua�ssewced by dosSec:�ritSt Ias�mens,-�vitether ar.aoE ttt�n�d�csith�aa}rezt��=to�o��er�€--__ ----- - -------.__ ..
<br />-� Bamower abandons the Aroperty.ar dnes aot answer wIthia 30 days a notioe fi+na��Lea3�tt�sl:de�:;nswaace camiet 4us
<br />-- offe�to settie a ciaua,then Leader may ooltect the iaswance pmoeeds. I.ende�atay,use iha pma�r�cis to iegair or restoie
<br /> -- die Pmpecry arm pay snms sec�ued bythis 5eciuity Imso�ument,whether os not Wea da�. '[i�e 30�d&.y�p:iiod wilt begiu when
<br />= die notice is givxa: • ..
<br />- . �.Unless�ud�.ead.HaR►awer otheiwise�in arating,any applicatinn af��s.m p�iripal sball not eatend or.
<br /> postpnae the dae date vftYci�oatL1Y Paymeats�femed to in paragsaphs 1 aad 2 arcbaog�a th�amount of tha payments. I€.
<br />�-� uuder patagrag�t�2I�tfte Pto�eitp'is a�d by Lender.Boaawer�rigtit to any,iirswarsca policFes end ptnceeds res�I6n�
<br />_-— from damage to 1�ie�Pmpectyrprior ta t�e�uisituon shall pass to L'ender to tlie eztent of�tt[�.stuns.sec�d by tLis Securit�r
<br />_�:�; .. Insuumenti�telypriari�othe�oga�aa d.-_��. __
<br />_���.��� � '.. 6. OcCUp�arPa P�9t6�3�`1�$�n nanrc�.afld Pcot¢�foti of tde P�to�tlYi Ho7�'s.I:ozII APPI[�BtFo�t: � . . . ._—_----
<br /> - T.�raseho�dv. Boirower sh�ii.r;�tipyyes��fi,aad usetts�Froperty as Barmwer&pi�incipat�side�tre uri�i�o sixty days aRer ==-___
<br />_ , ;.� •. . •�:tt�execation of dris S�gk���c1 s6all c�se to occupy the Properi�►:s�Hon�o�ver's,pr�[��ce for at.
<br /> .�.��„'�` Ieast one year. after th� date o� o�; untess Lender otheiwise ag�ees fn•�iang,:.�'�:.sonsent shali nor be. .
<br />�`�` '�.�:'}�"��;<< ' u�measonabIy�hhheld.or�tess extai�g ci�mstaaoes exist wtric6 ane h..�yron:t Boaoar�'se%s�tsoL Boicower shalI aot: . ` �_�„�,__-,—
<br /> ����' �"---- -`y,"�� desaoy,da�ar impair the Roperty,allow the Pmperty to deteriorate,or commit:svaste on ttr��toperty. Borrower shall � i�-'�--==�---
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<br /> - . • �C�;���.; � he in defau[t if�ny forfeinn�s:action or pinceeding,whether civil or criminai.is�thut ia i:eni[er�gaad fa�th judgment � ��A
<br /> ,� �g���� �:�. � contd result in faafeitace.of the Property or otheiwise materially impair the fiffi c�eated by.this Secmity Ynsnvment or ' � �
<br /> �s; � �._ Lender's s�y.inteiesF:•8oitower may cure sucb a defaWt and reinstat�as pmvid�et•�paragragh•i8�;:bp^causrag ttie actioa �_.
<br /> . �,�f. , °• .•_ or pro�iisg�i�e dismissed with a niling diat,in Lender's gaod faish detetmin�ion.P�eclndes•farfiutiue nFttt�Sorivwer� . . �. � ---
<br /> � ,���.;',�.. }{ _� int�erest in tir�Ptoperty or other material impaitment of We lien created by this Security�Instrum�t�nr Ixnderis securiry �� _
<br /> �'����, ;• interes� Hceizower shall also 6e in default if Bormwe�d�uing We loan ap�ti�on process. gavp materialFy•fatse or �.��=_
<br /> ,� :�. ina�cc�rate infor�ation or statements to Lender(or fa�7ed to provide Lender with azty�erial infarmation)in caas�ection with ��"
<br /> � � � : �� tt�toan evidenced by the Note, including, but not[i�2ed m, representadans.aemerning Homnwet's occupamcy of the R��'�-�= -
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<br /> •; t . •_;. "!*�operty as a principal tesideace. If this Se�ui�y In�t is on a ieasehold,Ban�aer shail comply�witb all the provisions ,,,,�___
<br /> _ °'`..`�.,,,�s',:;'� •..`� of the lease. If BormWer acquires fee dtl�a�i��P�operty,the leasehold and the fee�e shall aot merge unless Lender ag�ees �'!-.=-
<br />�__ �'. :'�`;`�` to the mergerin wridng. -
<br /> ' '` ` :F;� 7. Pt u3�tion of Lender's Rights fiu t6e Property. If Bomnwer fails to�s.-rform the cavenants aad agreemeats "
<br /> l'` � t�,,_r-�E:`:. : . conrained in this Securi Inswment,or there is a legal pmceeding Wat may si��ifieanuy affect Lenderk ri ts in the �"""�•
<br /> �5�. tce, }f
<br /> � � ''� Property(such as a pruc�eecGng in barilwptcy.ptabate.for condemnation or forfeita*e vr to enforee laws or regulau'�ons).then i�'�L
<br /> ' ' ` ""�`'`� '' �.� Lender may do and pay for whatever Is necessary to protect the value of t6e-i�rapa�ty and Lender's rights ia the Property. �;.'._"'�"-'
<br /> r . .
<br />- r;; � . �;�:�;'•�. Lender's actions may include paying any sums secured by a fien which ba�priority over tiris Secwity lnstntmen�appearing -•;;a+
<br />�'� ' .'' ,; . �r in court,paying reasonable attomeys'fees end entering on the Prope�ty tv enake repai�s.Althougti�I.ender may take action `"•- _
<br /> ' ? . under this paragraph 7.Lender does not have to do so. ���"�ti`�_.
<br /> � � �£'�='-� h-
<br /> �•` � •' My amouats disbutsed 6y Lender under ttus para�aph 7 shall become adcfitional debt of�Borrower secured by this ��� �, -�
<br /> � � ', .' . , � •�?`� S e c u r i t y I n s t c u m e n t U n t e s s B o r ro w e r an d L e n d e r a g r e e t o o t h e r t e r m s o f p a y m e n t,t��e a m o u n i s s F�a l l b e a r i n t e r e s t f ro m t h e S a:1�'� �� �;�
<br /> , ,, �i . f.�#`'%'€.�::.
<br /> ': , : date of disbursement at the Note rate and shall be payable.with interest,upon no�oe from Lender to Borrower requesting �,�';;;; ,;_`,_
<br /> . ,> ' •:`� paymen� :,.;• •:--_-
<br /> " ' ' '" 8. Mortgage Insurance. If Lender required mortgage insurance as a condidon of making thh.toan secured by this :':•+i`.:��: ;"'.'�ts:;..
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<br /> •t - � �; , .. � . �'�' Securi Insuumen�Borrower shall a the remiums �e insurance in effecK. If.for an ;;��;�;'•" �`"°��-
<br /> ty p y p required to maintain the mortga� y
<br /> ..i � . .. . . `.1�.R.:...�:.�.��ft� -�:�
<br /> , • reason. the mongage insurance coverage required by Lender lapses or ceases to be in effecK. Borrower shall pay the ��`,t.�,,�;, .��;��:«:�
<br /> ;; . premiums required to obtain eoverage sub.ctandally equivalent to the mortgage ins�ance previously in effect, at a cost it� ��;�: p "
<br /> � - ,• . substantiaily equivalent to the wst to Borrower of the mortgage insurance previoissiy in effect,from en altemate mortgage ��.,,��.E�' ' _�
<br /> . ~ � � : insurer approved by Lender. If substanqally equivalent mortgage insurance ooverage is not available.Borrower shall pay to �:���� '�'�f-
<br /> • � Lender each month a sum equal to onedwelfth of the yearly maAgage insurance preminm being paid by Borrower when the �" '' � �r:'�:,:.'�:, '
<br /> • � insurance coverage lapsed or ceased to be in effect. Lender wil!accepG use and retain these paymenu as a loss reserve in lieu ,":t,,.•�,. ;",�?y�h��.+?�;,:'
<br />-- . . of mortgage insurance. Loss reserve payments may no longer be required.at the o�tivn of Lender.if mortgage insurance ;t•,t.�;.�.�.,. •_•,.:1�;�����,;;<<
<br /> � �•� ' ' � covernge(in the amount end for the period that Lender�equires)provided by an ins4zer approved by Lender again becomes .. ' :';�;��...cr;: •
<br /> p y p required to maintain mcsrt a �''��'t
<br /> .� ;; :`,.:,�., ' . availubl8 and is obtained.Borro�ver shal! a the remivrns �;e insurance in effec�or to provide a ' � . � �i�?;?' '
<br /> ' � . ` "' loss reserve.until the requirement for mortgage insurance ends in accordance with any written agreement 6etween Horrower ' :::�;<<:��:,�"`
<br /> ';. ;,.;': and Lender or applicable law. ::4'�;:?:.:_
<br /> • ?''� .�.,•• . � ,;` 9 lnspection. Lender or it�agent may muke reasonable entries upon and inspections of the Property. Lender shal!
<br /> ���,,i „ : .:, t . . .
<br /> �; ;�;�::�:_;y.<:. � , ; give Borrower notice at the time of or prior to nn fnspecuon specifying reasunable ca�sse for the inspection. • • �
<br /> ;:k-•i•:�=;':;,� • 10 Condemnatian. The proceeds of any award or daim for damages,direct aa consequential.in connection with any
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