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<br /> - petio�S.cU�t�.eouer'ra�ui�a. The in�aanoe.�riei p�v�ng d�e uw�rs�oe sinu ee clwsar by,8o�rower a►bject w t.�naa`s �
<br /> <��' ,ppo�ral,v6icb shall,nQc be wm�o�blr wiu,lKw. If earrowa�aits ru nwnain coverase d�csibea aoove L.waer msy.at
<br /> 1.endei's optictn,obaurt oave�w pntoect Lender�s rigMs in tbe PtupeEty in accor�dance Writh puagraph 7. � , . .
<br /> ` ���Z po�es'aod reo��vvats S1�a1)be aoccptable to LaMet aM shall iqctude a standard matgage clause t.ender.
<br /> sl�ll Gave tbe rigl�.to hold the`policies wd�'ais. If L.e�der requiRS.Bamw�er shalt pmmpttY givc to Lende�att�eccipts
<br /> � of psid pemiums and�eoewal mtioa. In tbe cra►t of tosc.Bort�owa sbali give p►vmps nopce ta ti►e in.wr.�nce�r and
<br /> I�ender. Lender mry m�ire poof of loss if not made prampcty Dy Borruwa. . .
<br /> �Mf!bc sppleed to�+estaatinn ar mpair of
<br /> Unkss Lenderm3 B�ortower otixrwise a�ree in writ�ng.insar�nc��oeds '
<br /> the ptope�ty damagecl;if tha�or�epaif is ecaaomicaily feasibie and[.mder's securiry is not lessened. If the
<br /> • � r+euaatian a rtpair is not ocoeomically feasiblc or L�encter's security waWd be I�senod,thc insucance proceads st�a!!be
<br /> appiied w the swns secu�ed by this Savriry la�ument,wixthct ar no�tf�due.witb any excess paid to Bonowcr. U
<br /> B�x�awer aba�dons thc PropFrty.os does aot answer witi�ini 3�days s aotice fmm l.er�dec tl�t the iawrance carrier hu
<br /> offat�m sat3e a claim,thm Lender may cotkct the insurmce proce�da. t.endec may use tl�e pocads to iepair or r+estae
<br /> thc pni�pecty or w pay sums socuiod by this Secority[�xouneac.wl�etT�a not t!�►dw�The 30-day period v�n'!1 begin when
<br /> tbe aotice is giva�.
<br /> gcva.
<br /> ETdd�s l�tnder and Sorrowa odietwise sgeee s�;writing any�application of practeds to princiRrt s6a11 not exteod or
<br /> " - � postpooe the due dau of the moathty PaYmemts.�to in paragraph.a f and Z or chaage the armunt of the payments. If
<br /> unde�poc_agraph 21 the Pwperty is acqtt�hj!Lande��3vrxawer's dght to any in.wr�nce policies apd proceeds zesutting
<br /> f�o��i�ag�fo tise p►,nperty privc�die acquisriion shaIl pass�i Lender to the extent ot the sums secaned by this Security
<br /> __ = Insuument immodiatety pri�to tfie acquisition. - � � �-
<br /> -- _— 6. dowpucf, P��xr�ation. Maietensace and Protectioe ot tie Properly;'Barower's Losn ApplicAtiqn:
<br /> _ - — �,easel�old� Bormwe�s�sattocaipy,establis6,and use the Btapesty�.s Bonovicess grincipai residence within sixty days after
<br />=°_ tlu executinn of ttu�seearity i�nt and shall continue to obcupy tt�e�r�rp�i.'�c.as Borrawa's priucipal residence for at
<br /> - ieau cxNe yps after ihe due.of;flcca�pancy,.unless L.endec e��wise �-?�s:�•�-�ma�„ which cbnsen[ sh�ll �t 6e
<br /> __ . un�asonabty withheld,or aniess extcnuatiag c�rcumstances esist which ar?e bz�aci�Bci:z�c�`s C�trol.`Bamowa sl�not
<br />--_ ." destray.damage or impair tUe pmpenY•allaw the Property to deteriorat�ctr��-�����i the Pmpem+. Bonower shali
<br /> = _ ba in default if any forfeituc�c action ar procead'iag,whether civit or crim'utaL.cs bcg�de i�#iu.l,ender s gaad faith 1�dS�t
<br />_- eould �+esult in forfeitune of the Ptoperty or a�wise materially impa'sr t�e ren cr�isy thi•s Secdrity Insttument or
<br /> - _ i.cpder's security interes� Borrowcc may cure sucb a defauTt aqd remstate.as provided in�.�Ph 1 S.Uy causing ihe actian
<br /> or p[aceeding to be dismissed�viiti�a`rnling ihat.in[.ender's�i�od faith determination.prec=cides forfeiture of the Bmtvwer's . _ ___
<br />� � intare�in the Property or other.s•_.atcrial impaitment of the G�created by this+Securiry Insuument or L.ender's security _,
<br />. intprest, Borrower shall atso be in defautt if �arrawer. d6img the loan appluatian pracess, gave materially false or -- __
<br /> inaccurar�snformatiaa or statements to Lender(ar failed to pmvide L.ender witb any material infdrmatian)in connectian witt� -
<br /> th��Ia�ev�ced.[s� the Noce.. incinding,but not limited to. representations conceming Borrower's occupaercy af the �
<br /> - � p'mp�ts;as a principal r�si�. C€this Security Insttument i.c on a leasehold.Borrower shall comply with aU the provjslons
<br /> , � � of the te�.se..If Borrower acqu-u���dQe to the Property,the teasehold and the fee title sha6C not merge untess l.ender�zes
<br /> to t!u merEer in writinS- ' � ' — -
<br /> 7. Protectio��t t.es�es� ,it'ights in_t6e property. If Bomawer fails to perfarin the cavenants and agre�m:nts
<br /> - :" cv�ntained in this S�,c�}•:Izs�trc^ii�t, or tf��v�� tegat procceding tttat a�ay si�t�ntly affect Lender's si�ltts in the =__
<br />_ - • Praperty(r,ucfi as a�**.g c,�ir�.-tkruptcy.`��ate.for coademnatiorr or fosfeiture or ta enfarce law��cegulatians>,t6en _ _
<br /> I.endcr may do nnd p�}lor F��.'r is necessary to protecE.�:.value of the Ptoperty 2r�E.euders w�`�in the Property. °, ��;',
<br /> �` Lender's actions may�nc:�8e��.F a�y sums secured by a r"�which has priority ave*4��'.�'-�?�:��men�appeanng ��T,�s�"{
<br />: in:conn,paying reasonaL+2e�.:��s'fees and entering on t1:e Property ta make repairs..��;iough Lender may take action r� ;,�`
<br /> under ihis paragraph�.f e:ider cfbe's not have to do so. ••. -.-. �
<br /> Any umaunts�§i,�.�.rsed hy Lender under thic paragraph 7 shall bec�me additional debt of Borto�cver`eeured by thic ` • , '
<br /> Seeurity lnsuumen� �,:ess$'�rrower and L.ende�agree co other termti af payment.the�e amounts shail bear interest from�he , -..'s°'"°"` =
<br /> .�...: ...
<br /> d�te of disbursement at the l�o:�a c�te and shall be payable,witb interetit,upan natice from Lender ta Borrower ceyuesting i•_.. ��' .
<br /> �.�..-
<br /> . paymem. � ��r:,_�A�:
<br /> s'` 8. Morf�stge InsurAnce.�if I.ender required mongage inturance ac a conditian ef i,:�`;�lcing the loan secured by thix �;_;:_�-
<br /> Security Imetrumen�Barrower shall pay the premiums required to maint:�in the mon a z Y:surance in effecG li far an� {:�•''='"_
<br /> ' 8 S l ..--��r;
<br /> � : raason. the mortgage insumnce caverage rec�-�ed by Lender lapses or eeatieti to be in'effect,.Bonower�hall.pay the �-=��a:�•;=;°
<br /> � ��'� p�omiums rcquired to obtain wverage sub+tarivapy eyuiv:�lent to the martgagc insurance;,sevious�•y'in effect. at a tosi . - • ;"��:
<br /> � � �J�; substantially eyuivaienl to the cost to Borrower af Ihe mor[gage insurance prev�ourly in eil�;�,�frnm an altemate mortgage ' ' �•;�s,t�=
<br /> ,� insarer apprav e d by L e n dcr. l i.r�:,�as tun t ia U y cq u i v a�e n t m a rt g a g e i m u r ance cnvera ge ir rx.r�ailabte.Borrower shaU pa y ta �'r���
<br />' I,.�:nder each month A sum eyual tca��ne-twelfth of�he yearly mongage in�urance prem"su�n�^�:i�g paid by Borrower when ihe '���,
<br /> ��� . .
<br /> iacurunce wverage lapsed or cea+ed ta he in effect. L.ender wiU accepl,u�e and retain t"�:;�ayments ac a lass reserve in lieu
<br />- `i,'� af mongage insumnce. l.o�s re+crvc paymem�n�y no tangen c�rcquired,aE t!�e o^r:�.r..�,5f I.�nder.if martgage intiurancc -
<br /> , ,,, coverage lin th�amount and for the perwd lhat Lcnder requires)pravidrd E�r.�tT:iss+l�r`r�.v�ived by Lcndcr again bernme.r
<br /> _ avail:�ble and is ohtaincd.8nrrou��r rhall p�y the prcmiumc rryuimd tu main::_:;:si:���;.aY�:rr:urantc in effcct,or tn pravide a
<br />- "� ' lass mzerve,umil�he rcquiremeac for murtgagc in+u�ance cnJti in acrardancc with a:; ���^��:�`n agrecmcnt hctwrcn Burrower
<br /> �,i..=�' , .
<br /> ._ ,,.;.: and Lender ar:�pplicabtc la�v. .
<br /> . '::,:�.,.. . 9 lnspectian. Lcndcr ar itti agcnt may makc maranublc entric.upon:mQ insprciian���f the ifi��perty. l.cnder,hal!
<br /> ' ,-:::� givc Bortawer no::u:at�he time of or pnor cu aa impq�hiomK�x;cify;ng.rca�onahle cau+c f��r th,intipectian. ` �
<br /> ' '���''� 10 Candemaation.�The pnxced�oP c*t,��:vtird bv alains fin dstn�:�gvv.direct�sr rnmcquential.�n cunnectirnz wi�h any
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