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<br /> �� ��� 9i- ZU86,19
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<br /> �,�-_.___M.�:�,ss,� perlocis thut l.ender ac�uirca. Th�inaurwuc carrier providing�hc inxurunce xhall t+e ch��cn by Borrowcr subject ta Lendcr's _
<br /> w�� ____.---- approvd which chall not be unrrusonably withheld. If Bar�►wer fails ta muimain caverage descrl6ed nbove,Lender moy.�t
<br /> _��`°``'�'`�`"� L.enderti opti�n,obtain coverugr w protect l.ender w dghts in�he Propeny in accordunce with puragr�ph 7.
<br /> °— - All insursuke policies and renewala shull he urceptable lo Lnnde�und shall include a stundard mongage rluwce. Lender _
<br /> - �"�,'� � �shall have the right lo hald thr policies and re��ewals. If Lender require�,Barrower shull pramplly give ta Lcnder all reccipta _
<br /> ,`� of pnid premiums ond renewal�aicec. !n the event of lass,Borrawe��hall�ive promp�notice�o the in�:uronce.cuurier ond
<br /> l.ender. Lender may muke proof af loss if not mude promptly by Borrower.
<br /> ' - - • --�:' Unlrss Lender und&►rzower whcrwik ugr��e in wddng,insurnnce pracced,shall he ulry+lied a�rrsu�rotion or�puir of �_
<br /> ;;�,��,�,-- the Ptoperty damoged, if the nes�oration ar repuir is ecanomically fensible und l.ender�: �ecurl�y is nat lewtiened. If the �
<br /> ��'� nesrora�bn or repair is not econamirallv feacible or Len�ier's �:urity would be lexsened. th�: insuru�ue pmceeds xhall be _
<br /> :'��,;�,,.7' applied to�he suma secured by �his Security Mstrumeo�, whether or na then due,whh Any excesti puid to Bomower. If �
<br /> --__,��=�• Bomower abandonx�he Prc�perty,ar doeg not an�wer wi�hin 30 duys u notice from l.ender�hat the intiuronce currier has
<br /> offered to r,ettle u cluim,then Lender muy collac[ the incurnnce proceeds. Lende�may use�he procecds to�epair or re�tore ��_
<br /> -- -`=r�. '°-��'i the Ay�r to pay sumx secured by ihix Security In�t�ument.whether or not then due, The;0-duy periad will begin when �_
<br />_'��° °4 the not ce is iven. --=-
<br /> ._� �*:�,.� s �.
<br /> -��,- U n l e s s I.e n d e r a�d s o r r o w e r a t h e r w i s e n g re e i n w ri t i n g, a n y u p p l ico�i on af pracceds to princi p ul shall not extend or
<br /> — �"��-'�" the due du�c of the monthl u mems referred to in ra s I und 2 ar chan e�he nmount of iha puyments. lf _
<br /> -�:__.�:L=� _. P��� YP Y Pa �� g �_..
<br />_ ----- -�c:,;�;,�,�. under purngrnp h 21 t he P r openy is ucqu ire d by Len der.Bo r ra w er+ri g h t t o n n y i n s u r a n c c p olicics and proceedx re,uUfng
<br />---- �..��,��.�r<. . from dunuge ta the Propeny prior co the ucquisition shall pass to Lender a the extent of the sums secured by this Securily _
<br /> � _ °,��;�,,,,.,�,,, � Insaument Immedintely prior to the acquisition. , 6=-
<br /> ______�„�„�. 6. OccupAncy� Prese�wAtian, MaintenAnce and PratecNon ot the Property: Hor�ower s I.oAn Applicadon;
<br /> ��� - .� I.easelwlda Borrower shall occupy,estnbNsh,nnd use the Praperty as Barnwer's principnl recidence wUhin sixty duyv after �:
<br /> -- �•�, . . the execuNon of this Secu�fty Instn�ment und shall continue la accupy the Property os Borrowerc principal r�sidence for at �,
<br /> • �;s..l — �•��^ least one yeur after the date of occu pAnc y, unlesc Lender othenvise agrees in writiog, which cansent shall not be �v+_
<br /> y '�-^��� unre�.sonubly withheld,or unless extenuating circumstunces exist vrhich ure beyond Borrower s control. Borrower shall not
<br /> ...i?1 �i.r .,:!;, _..
<br /> •y�; destray,demage or impair the Propeny. ullow the Propeny to deteriomte,or commil wacte on the Ptoperty. Borrower shall _�'';�;
<br />::.�!} `'";�•y;.l.},.,,, be in ckfault if uny farfeiture aaion or praceeding,whether civil ar criminAl,is begun lhnt in Lender's goad faUh judgment
<br /> � 'F''��.`1�hs<<., could tesult in forFeiture af the Piroperty or otherwlse materiully imp�ir the lien crented by �his �ecudly Instnimenl or ,�
<br />���I`• r`��i�+�'n°:` Lender?s securi�y interes�. Borrower may cure such a detnult and reinstate,as provided in pt►ragruph 18.by causing the action �
<br /> �.:'� . . w''•A t�i!'k�•
<br /> _, j��,•_,., or praceeding lo be dismiased with u n�ling thnt,in Lender's good fAith detertnination,prccludex forfeiwre of the Borrower's
<br /> ~ °'•��!;` fnreresl in the Propeny or aher materiul impairment of the lien created by this Secunty ]nstrumeM or Lender;� security
<br /> �•,' � ,��� ���;��` ��� inleres�. Borrower shall nlso be in defnult If Borrower, during �he loan applicatian pracess, gave muterially false or �,�
<br /> ���e�"' � �j.+:�:'. � ---
<br />-- �� * �.. inaccurate information or statements to Lender(or fuiled to provide Lender with any male�ial informatian) in connection with __
<br /> i't"' E�' ` �' the loan evidenced by the lVote, including. but nat limited to, represemutions canceming Borrowerk accupancy of the �.
<br /> -:�.���:��:...._ _.
<br /> _,� �y , Pco�ny ax a printipa!residence. If thlc Seradty ins�rument is on u lea�ehold.Bormwer shall comply with all the provisions _
<br /> , of Ihe leusc. If Borrower acquires fee title to the Propeny,the leasehold and thc fee title Ahall not merge unlcws Lender agrces _
<br /> • � •�• ' to�he merger in writing. """
<br /> " ,,,..y�•+ 7. Protectton of I.ende�'s Rlghts in Ihe Praperty. If Borrower fuils to perform the covenanh nnd ugreements �•�
<br />_._._;;,:, ,'•''�- ,,�s.�,f,f� contnined in this Security Instrumenl, or therc i, a legal prcxeeding thut mny significantly uffect Lenderc rightc in the
<br /> ;::`�v: ;��.•t,k�i;,y;• Propeny(�uch as a procceding in bunkruptcy.probute,for rondemnation or forfeiture or to enforce laws or regulutions),�hen _
<br />-..y,ti.•• ��,'�-� •°. , l.ender muy do and ps►y for whutever is neccsvary to pmtec� the vulue of the Propeny and Lender c rightx in the Propeny.
<br /> �`•� . ' Lender's nctions mu include u in un �ums xecured b u lien whirh ha. riorit over this Securit Instrument.A unn '''�
<br /> �:.;;� � 4� ,.. , Y P Y R Y•' Y P Y Y PPe � � ,.
<br /> ., � in coun. paying reasonablc uttomeys'feeti und entering on the Prapeny to muke repair�. Although l.ender may lake action
<br />',' r� . • ' °� � under this purugroph 7.Lender dces not huve to do so. �=
<br /> ' '�' � '' Any umaunts dixbuned hy I.ender under this purugrnph 7 shull become additionol debt af Borrower secured by Ihis �•;,'_
<br /> �' • '• '�� r .' :".° Secudty Instrument. Unlesti B��rrowcr nnd Lendcr ugrce�o other itrmz ot'puyment,these umounts shull bear interest fram the -
<br />__ . � '' date oF disbursement ut Ihe Note rate nnd shall be payuhle,wiih interetit,upon notice from Lender to Borrawcr requesting �r;:';
<br />_;'w,.•. �r.n_r payrnent.
<br /> 8. Mort age Insurance. IP Lender reyuired mortguge in+urnnce a�u condition of muking the loun secured by this ��=�
<br /> . _ �„���^ g au..
<br /> Securily Instrumem, Barowcr chall puy �he prcmiunis reyuirrd to maintnin Ihe mortgugc insunu�c� in effect. If, for any �.,,,-:
<br /> `�' �` •'� • reason, the mort a e inwranre coveru e uired b Lender la �es or ceaxes to be in effect. Borrower shall pay the _.
<br /> y' -. . :. :,�;�., • B R R �I Y p. .
<br /> � ' ' 'i^`�� ' premiums tequired tu obtain cnveruge �ubstunliully eyuivalent to the mortgoge insurrnce previausly in effec4 At n c�st � :
<br /> .. ,'>. . �.,,_;. .. _
<br /> rw�`,- . '�` subtitantially equivulent to Ihe cost lo Borrower ot'Ihe monguge imursuue previausly in efiec�,from un aUernu�e mortgage =- -
<br />°Y- ,'�.�� � insurer Apprrned by Lender. If,ubstantiully eyuivalent morlguge insurance coveroge is not uvuiluhle,Bortower shull pay to �:s;:
<br /> r�� ~ `���^�'+ „ . Lender eixh month u aum eyual to one-twelfth of�Ix:yearly nxxtg�@e insurancc prcmium bcing paid by Borrower when the ='T=
<br /> � • ' insumnce c�veruge lup�ed or ceased to Ix in etfec�. I.ender will acrept,use und retuin the�e paymcnt+a,A loss rezerve in lieu �::
<br /> ^ ��` �' � � w� '` oi martgage insuruncc. Loss n�erve puymen�s may no longer tx: reyuircd,u�thc uption of Lender, if moAgnge insurance
<br /> :`,„ ; .
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<br /> _ :�: . •.,�..,5, coveroge(in the amount und Por�he perial that Lender rcquiresl pruvided by un inxurcr uppmved by Lender ugain becomes
<br /> �•�_� -'"' ' uvuilable und is ablained.Borrower zhull pay ihc prcmiums rryuired�o mrintain m��rtgage m.urancr in ef fect,ar to pravlde u
<br />' • . ' ' loss reserve, until the reyuirement f'or monguge in,urnncr end.in ucmrdancr with any wri�ten Agrerment between Borrower
<br />- , and Lenderorupplicubleluw. '
<br /> o , ��,•.�.. 9. Inspecllon. Lcnder cx itx a�cm muy make na�onuble en�ric�u�xm and in��rti��m nf thr Pmpcny. Lender shall �--,�c
<br /> . ,-:,•,;;;';, give Borrower notice •r�th�time af nr prior to an inxFxc�ion�Excifying rcaumuhlc cau.r liir Ihc insp�rtion. ,
<br /> ��� ° 10. Condemnntion. The prcxeed.�N':my uwurd or claim far damagr..Jirccl ur cumcyucnliul,in connection with uny ��.'
<br /> . Smglr famil�•-tnank�f�e/FYeddk�tac l'�IY(1R�1 1\tiTRI'\1E'11'--Vndimn('���enml, 9/9D 1�N+.¢r?�yn p,�X��si ���
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<br /> � � Tu u�der Call 1�80Gb.'fD0.793 t]FAt 81�19f•1171
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