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<br /> ' , indudiu�ltoods or iloodiu�.ior N�icb I.enda�e+eqwe�io.ura�oe.TIJ.tasueanoe ahrtt be�atataiaed in tbe amaunpr j� ��
<br /> ' , . �and iar t�e peciods t1�t Iradx requie+er.T6e irwranoa a�n'i4E Pcpvidi�tbe iae�ranx a�116e c�hosea by Bato�rar
<br /> . ayliject to 1�a�der's app�+nval wluch sh�tl nut ba uare�o��abiy�ithhdd It Borrawa taits t��aintaia covaaSe ctiescribec� ;
<br /> abuv�a.Loeder msy.st Ireedx's opsian.obtain ootra+�is to potect�,rendet's rishm ia tt,�Propaty in a000rd�iaoe Nith �
<br /> � a+�a�T . . . . � �. . . ...
<br /> A1!i�uranQe po�icias a�ra�raia st�afl ba aooeptab�e to La�der snd ehsll inctude��tudar�matp�e ciause� � .
<br /> L�ida th�il hsve the d�t�o'liotd the poliaas and rene�nis.It I.ender�roqwree. 3�onoxer et�tl pt+oaiptl�►�ve to
<br /> I�det�reoeiPssot p�d peemiwnsmd ra�a+rai mtia4ln tl�eyent ot tas4 Horcoear ah�tl�iva prompt�tioe Lo tha ; .
<br /> i�cmoe apria an�d izida.I�ender msy mstc prooiat lad if not msde pnainPdY b3►Borm�ra. , �
<br /> Unteee�da sad Boero�rex utMt�rise a�,r�ee in aritit�,i�urnwe pca�ee�ehall be apptied to�toration orrepur � �
<br /> ot the Property duna�ed,ii the reswration or�+epir is ectioomically ie�'ble arid 1�ender�s aecisritq ia not te�ene�IitDe' � '
<br /> � eas�ontion or.tq�is is aot ecunomically faabia ae Lender's secwit,y�nuld be le�eoal.tha iaguraaa prooeeds abalt be. �.
<br /> � sppGed w the snms sec�n�ed�y tLia Sa.wnxy l�aument,Mhether or Aot tbe�due.�rit�aay�zems p�id�to Borrowe�.Ii
<br /> Bocr�wer abiado�tha Pe+u�aty.a das not�ns+uer witltit►30 days a notix tron�I.ender that t�insuruice carrier his . .
<br /> oKerod to eettte a clsim:tha►I�ader may eollxt tlre i�uranca pe+ncaeds.Lmder msy ux the.proc�to npair or
<br /> . restac+e the Pcopert�or w psq aums eec�a+ed by this Seetnity Iustmma►t,w►Tiett�er or mt tt�ea due.Tbe 3Q'dsy penod�n'll
<br /> - 6e�in�rhen the tah�is�veh. '. �
<br /> � U�lees I.e�er and Borro�rer othenrix a�+ea iA�rtitin�,any application of praceeds to priacipal et,all not exuad or
<br /> .postQone the dqe date af the ruoathiq paymeats sefetred to ia p�rayraphs 1 md 2 ot chang�the a�nowtt oi the p�ymeats.
<br /> If under paa�aph 2I tbe Propetty ia acx�uired by I,ender�BO/701YC1'�S iI�IL t0 iAjT 1t1SUCt�'QD�tCIC9 i11d Qf�OCEEdS
<br />_ — resuitin�irom dams�e to the Pu+upa ty pcior to tt�e aaquiaition absll pass to Lmdec to the ertr.i�t.v�.tt►e svms secw+�d by
<br /> : • thisSec�,ritylnstr�smentimmediatdypriacwtheacqwation. F,_`: �
<br /> � 6.Occ�up��cy.Pr�ervatioe.Mainteaaace asd Ptotection of the Propartg;$iorrotir�'a Laan Application:
<br /> � Lps�holds.�nrmMec�al�l)occuPY.establish,and use tbe.Pruperty as Boiroxer's prineipaf re�i�ioe arithin sirty dsys .
<br />- afur tbe��ucution of ttis Sa�nity Inspvment snd sbatl coatiane to occupy the Pmpertg'a�,�3o�roxer's princtip�l
<br />= residenoe for at laet ona year after the dau of aocupaney,unless Laukc othernrise a�ia vri�g.wluch.cansent sball
<br />= - . not be unnasonsbty�vithheld.or unless eitenwtia�circiemaaucas e�iat which ure iacFond Borroxer's coj►tr�l.�omower
<br /> s1a11 Q,vt destroy,damage or imp�ir the Pcr�pecty,�llox the Property w deteriorab�or commit qra4te an:ifieL?toperty.
<br /> Borni�vef shall be in deiauit it any forteitureaction or proceeding,whether civs'I orcrimiaat,isl'iqgaa.t1ta�:t�:E.ender's :
<br /> _ �ood f�ith jndpnent caould result in forfeiture of the Property or otherwisa materisily impeii-t�lien ata'�:d bq this '
<br /> ` Securitp Inatniment or I,ender's sxvrity iaucest.HorroNer may cuce such a.d�fault and �te. as vsded in --
<br />- � .� paragn4h 18, by wusing the'action or proceedin� to b� dismi� with a n�ir� that, ;�'T.ender"s�gswd faith -
<br /> - .,,.. determinstion.precludes forfeiauae of the Bacrower's intereat in the Property or��atsria!i�peirmerrt ei the liea
<br /> , created by this Securit�Instrument orL�endePs samrity interes�BorroWer shatfi�i 1�in,t�€�S if Bomoi�er,during --
<br /> the taan application prnceas�g�ve maurislly falae,or inaccurate inforci�ation or•�aaemc�is=ur.'�:ender (or failed to : ,
<br /> •'_:�;::'' provide L.ender with any material information)in connection wit�the Faan evidenced by the�,including,but not �-
<br /> - , .'�'f . limitod to.represenutions conarning BarroNer's ovcnpancy oi the F�+nperty as s principl nsidence. Ii ti�is Security -__
<br /> ;�r, y�t;1��3�,.:;�;�.,'; . Instrumtnt is on a lagehold�����11 con►PIY with all the provisions ot the tease.If Borrower acquir�fee title w �;_-_�
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<br /> ;;s-,t�:': ::' , the Property.the ta�sehold an�Pthe fx title shsll not merge untess Lender agtas to tAe merger in writing. . . �-�°,:"�,.=
<br /> ' " 7.Protection oi Leader's ltishts ia the Property. If Borrowet fails to per[otm the covenants and�neements '�>>,�:�i�
<br /> � - �" � eontained in this Security Instrument,or there is a legal praceEding that may significantly affect Lender's rights in the � `''""`
<br /> � ' .s .+�-
<br /> __ : - , : ' , Ptoperty (such as a proceeding in bankruptcy, probste. for condemnation or fotieitnre or ta�enforce laws or
<br /> � re lattons then Lender ma do and fot whatevet is n to rotect the vslue of the Pro and Lender's ' !`'�e
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<br /> �, rights in the Property.Lendei's actionsamay include paying a�ms�red by a lien whicb hss p�riority over ttis f .. ..'�,;;;,�� �-
<br /> �;��'���� ,. Sec�irity lnstrument.appearing�n court,puying reasonable attorneys'fees and entering on the Property to make r+epairs. -�
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<br /> - ;-3,y.�;: -. Althoup,h Lender may take ac�on undet this paragcaph 7.Lender does not have to do so. : ,�
<br /> � � ' Any amounts disbursed 6y Lender under this{mragraph 7 shall become additional debt of Bornower secured by this �,'' �'
<br /> �"' ��.•i��� Security Instrument.Unless Barroaer and Lender agee to other terms of peyment.these amounts shall bear interest i � � '
<br /> '' '-��� � � from the date of disbu�semea��E the Note rate and shall be. able,with interest.upon notice from Lender to Borrowet ��
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<br /> '' y�,.,,,,:,� �• : � �.Mort=ase lnsurance_Cf�xnder required mortgab�ensurance as a condition of making the loan secw�d by this • ��,'<;�,:...��
<br /> ���� ` '�i�;�.> ' Secu�^^dry Instrnment,Borrower�:all pay the pnmiums�;�red to maintain the mortgage insurance in effe+i�Ii;for any � �'s'Ji.::�_
<br /> � + � ressun,the mortg�ge insurance coverage requ�red by Lender la�ses cr ceases w be in etfect�Darrower sita:S pay the . •� ��=--
<br /> � ' remiums uired to obtain covera substaatislly equivalent to the mort e insurance vir��t �n eEP�cr,at a cost � 4 �=i'
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<br /> " ;,.,:-,: . ea.eb�aatislly oquivalent to the cost to Bartower of tte mortg�ge insutance previously in rffe�.�'f��n.�tt atternste r ... ..: .�t .��
<br /> '�%;;=-' : e7.�ge insurer approvod ts�� t,.ender. Ii substanua[L�eguivilent mortgsge insurance cocet�,..�xe is� qac.�vailable. � ,. '.':_�
<br /> ;;�`-'":':;� ; &xn��er shaU pay to Lender�.:•monttsa sµm eqi:sl'�a-r.-Ewetftt�of the yearly mortgage itui;s�.s.�ce�reYreCum being . • - -
<br /> '�,.�' �-''::� ' paid 4�y Borrower when the ir.��nce co�era�lapsed or c�sed ta Ue'ir etfect.Lender will acrz<pti.��:5e aad retain these
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<br />- -•���•'.,-;��, psyments as s ta5s reserve in lieu of mortgage insurance. La:s;,n�erve payments may.'prr ;onger be required.• ,. � � " �
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