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<br /> '. pGiOdt E�I�EOdR[1E�ILLC�. '�11C�C C�[FIEf�!O'Ykllll�dMS ieMRi�OC l�1111�O C11of�li iy HO[ffiNtes wbj0�t q�Ct�
<br /> , appruv�l wld�ch sh�lt not 6e uurd�ae�biy wl�d�heW. ff Haeowa fiub to�a�intain oova�d�c[ibad�btwe.l.en�er msyr.�t �� .
<br /> : i�od�ra optiar,oeaun oove�a�w paecc t,aiaa�,�ht.in 1!�Propaex w,c�cad�nce�vttb p�c�rnph 7. .
<br /> , A{t im�na policies aM ie�vrals aha116e aoceptable w Lender and ahal!include a ataocfiatd usoctg�ge clause:Lender
<br /> � � st�btve the ti�t to botd�e policies iod teaewd� If t.ender cequirea.Bornowec si�li praaptij�Eive w l.endas all roaipta
<br /> . u af paid pRmiums md'�enewal uotjces. Ia tlte eveet of 1oa�Baaowa shall�ive ptompe naioe ro thc instu�noe caaier and
<br /> . irendar. I.ender aia�r m�te proof aF io�s if aot ta�de prampti�l bY BaROwer ..
<br /> Uniess Lendet�nd Barow�r v�wise agru in writing,insuieo�e procads st�ll De app6iod to trstauioa or teQair of
<br />� � �tbe Ptopecty d�m�acd.if the��sta�tia'►oc ncp�ir is eoaeoreic�lly f�iDk md Leader�sac�uity is t�ot kssene� If tbe -
<br /> � rdsta�atbn a iepair,is'not ecaiomiatly fds►bte or l,ender�s sxtuiry would be ksseoed.tbe inwianc�e p�ooreds sTs�ll be
<br /> .apptied to d�e s�c aewed lry dris 5eauity I�.wh�ther or Aot tl�d�with aay ex�ess paid m Bomower. ff
<br />'--�—,-- -gasrm;.••.• - " -ezt�s_+�+�_±�n�w_�awithi�3Q da�s�h'.�-fcrt►_±:i,�.�in=tTiat-the-ir�araace. '
<br /> c�raer-l�s-----—_
<br /> offaal w seak s et�rtn.t4en I;endar may collat the insatance prooeods.. Lenckr raay use tUe p�ncads to^repair.ar nstorc
<br /> . ti�e Aape�ty a to pey sums seanod by t6is Sonuiry L�sorinneaf,Mrhthar or uot thea due.1be 30�day penod w�71 begin wha�
<br /> t1K Ii�iiGG IS$1YCA. : � � ' •� .
<br /> �=.Unlrss:La�det�ad Ba�mvva att�envise sgiee.in writing;�p��ppiicatian of.pmaeds te principat sbalk not exua�oc .
<br /> p�f�nc t6e:dua date of d�e rnoathtY WY�ts refen�ed w in p�ragaphs 1 and 2 or cliaa�e,tfie a�rio�m�t�of.die Pa�ymcNS:�;T�
<br /> ��21 tbe PbpGrly is aoqniied by LCMe�.BoRUwer$rigbt to Auy�nn*�s�gpj�es:iQd:pio�s se3oltttig
<br /> ' fi�otn d�t to the Fcvperty p�ior to the aoquisidoa sh�Il pass w Leader to tt�e:xnmt o€1�swns sccure�by ti�is Sa�urety - • .
<br /> � ia�ii�diately prior to the acquisition. , • , :
<br /> � . b Qac�pucy. Pr+esawatJo�► 1Nai4tenasce and.ProGeSfba d tee Pnnpat�; Bor�a�e�'s I.a�n Applicatio�; ` � .
<br />,.� I:ea�e�8ds Bomnwes sl�a!!occ�tpy,e�iabdish.s�sd�ssc dse P�+ar��as Sorrawer�pr�acipsf s��dice within sixty days after _ -
<br /> ;�., � tbc'ea,ec�aon of t4is.Sec�uitY Ins�nn�eat 9nd stnU coatirnie to occaQy ti�Pmpeitg as Borc+arceq�Pn�Pal�esidence for at _
<br /> � ,.�asc one yar after the date of axup�ncy. ualess Lender otlunkise.�gc!ees in wrhirig, wfdch canseat shal� not 6e ,
<br /> � • . �:�o�iy wid�etd.or nnless e�awsting cac�es sxist wbich ane#�noc�Bormwer�s controL Borruwer shall oot •
<br />�;r;•.;: desavy,damage ar impair the Pmp�rty.aUow the Property w deterio�te.ar c�ait waste on ifie Rope�ty. Borsuwer sLaII ,;; .
<br /> � �'� ba in detault if any fafeitune�action or proceediag;whetl�er civil or criminal,is begun thu in I.enderl�good faith judgment .:-:�'<:
<br /> . ooWd ns�elt L� fafeiwie of tbe Pl'operty.a othendise materially impair tlye lien c[eated by thu Secutity/nsuume�a�;:`°;:..
<br /> �. I.endtr�seewity interest. Bacmwer may cuie such a default anif teinstate.ag provided in paragrapb IS,.bY causutg the aarora:,.:';�;�
<br />� ���orpc000eding to,be dismiued with a ruling that,in t.ender�s good faith deurminatioa,Pncludes forfeiture of the Barrawe'r`��`�'�'`��
<br /> �:�'s`nterest in We Ptopecty a ether nsste�l impaument of the lirn creaud bq ttis Securiry Insaument or E.ender��savrity � _�
<br /> � r`� interesL Bortower shall also be in default if Bomawer. during thc loaa applicatioa praczss, 8ave matcrially faLse or --
<br /> inaccurate infom�adoa or stateaxnts to Lender(a failed to provide Lender with any material infom�ation)in cnnnection witb. ' —
<br /> tlx loan evidenced by the Note. ineiuding.but not limited w. iepnsentatioas conceming Bana�rer�o�apancy of t1�e
<br /> Ptoperty as a principa�residena. If this 5ocurity inswme�t is on a leasetwld.Ba�+b!�er sl�all�air�s�y with atl the provisions -.
<br /> of du I�e. If Bormwer acqui�es fa title to tht Pmperty,the kasehold and the f��ilA::��nbr merge ua[e�6,�ader agrees --
<br /> • to the merger in writing. . �•�-' ' ': ..: :�" ' ;: ' `�
<br /> 7. Protectioe d Ltnder's RI�Uts ia tUe Prbparty. If Borrowec far�.c'��+erfoan the covenants-a�:��ee�nent.g.� ,.,_
<br /> �;. caataincd in.this Security Insuumen�or the�is a legal prooaediag diat ue��ssgnificandy affect Lender.�:�=,'��,ts in.t�'e':.:.•. : . _ .
<br /> ' � .`�operty(such as a proceeding in banlwptty,probate.for condema�ta��or forfeittae or to enforce laws or n���Titar'."s:.;�, � __-
<br /> � ,'��ender may do and pay for whauver is necessary to protect the value bf the Fcuperty aad Lender�s rights iu:?9a�.P���_. .�. �r:;
<br /> ���'Lenderk actions may include paying any sums secured by a lien which has pria�it}r over this Security Insuu�a�r�a,��,�;;r'' ` --*r�t;
<br /> ' �in caurt,paying n�asonable attomeys'fees and entering on the Ptoperty to mage_r�epairs.Although Lender f.����ake acaon �=_
<br /> mnder tbis paragraph 7.Lender dces not have to do so.
<br /> • ' My amounts disbu�sed by Lender under this paragraph 7 shall become additional debt of Bormwer secur�ed by��s.
<br /> Security Inswment. Unless Batower and Lcnder agree to other terms of paymen�these amounu shall bear inter�est frotm ul�. •
<br /> date of disbursemerrt at the Note.rate and shall be payable,with interes�upon notiae from Lender to Borrower requ�,�"•
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<br /> �_ ' �8��Mo�tgage/nsurnnca If Lendet riequired mortgage insurance as a o��on of making the loan see���iy.�bis,
<br /> ': `Securiry lnstrusnent,Borrower shal!pay the premiums rrquired to maintain the`'�ribrtgage insurance in effec¢.•:.��..£or a�y _'r-
<br /> . •': reasaa, the mortgage insurance coverage reqaired by Lender lapses ar ceases to be in effect. Borrower°s�w�fi.�ay r.1�'', ...
<br /> • premiums required to obtain coverage substandally equivalent traairi: mongagc insurance previously in effe�:;�R.,a.aa� � '
<br /> � �r�. ;. substantially equivalmt to the cost to Bocrower of the mortguge uc.vicance prev�ously in effec�from an a�ter�'a*e`a�vat�a�.�,;° ."
<br /> insurer approved by Lender. ff substantialiy equivalent mortgage insurance cov6rnge is not available,Botrower sttaFl pay to ''1
<br />, , Lender each month a sum equat to one-twelfth of the yearly mongage insurance premium being paid by Boriower when the
<br />, ,'� '. insurance coverage lapsed ot ceased to be in effect. LenQer will accept,use and retain ttrese paymenis as a toss reserve in�ieu� �'
<br /> , '� of mcxtgage insurancc. Loss rcserve paymenta may no longer be required.at the option of Lender.if mortgage insuranQ� :
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<br />: , coveragc(in the amaunt and for�he period that Lerxler tequires)provided by an insurer appraved by Lender again becomes a,:_
<br /> ' available and is oMained.Bmmwer shall pay the premiums required to maintain mortgage insurance in effec�or to provide a ���;_
<br />, �. ' . loss reserve.until the requirement for moRgage insurance ends in accordance avf'i.any written agreement between Borrower �.•��`��,
<br />. ,' ' andLcnderorapplicableluw. ' ;• •��`?'4�;);
<br /> • i'''-;�'r,;'.•,••; 9. Inspectbn. Lender or its agent may make r�easo�abie enuies apon aozi`inspections of the Roperty. Lender ahall �''•'�.
<br /> '' � '� give Barower notice at the time of or prior to an inspection specifying rasonabie cause for the inspection. .
<br /> � 10 Coademnallon. 71te proceeds of any award or claim ford�amages.dlrect or consequential,in Fonnection with ang . �:."�
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