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<br /> , pe[�o��tt�toqu�. '[�i�u�e c�t�plo�i�$tde tt�u�oe sb�ll lie c�ert by.B�uw�sub�b L�d�eC�s .
<br /> , . app�o�vd afi�ch ihall t�as bc u�ue�soe�bl�t witld�eW. If Bonower fa�s�o aaiiatain cove�e desrn'tied above.l.ender miy.�t
<br /> E L�da�s apcioo,obnin oove�age w p000ct La�er's riEhts in the m acco�d�noc with pangapte T. .
<br /> Ail io.wranoe poLcus and renewaiq st�ll 6e acrepm6le w L�at�d shaU iucitide a stat�da�d mtxtgsge ciaasa L;ender �
<br /> , s6s11 hsve Ure right to iwW the policies u�d taiewats. If Lender ra►uines,Harower s1�aU P�PUY S�ve ta Lender all roceipts .
<br /> � � . �P�P�wm and naew�l notioes. In tl�e event of Ioss.Barower siuil give p�ompt tiotice w the insu�cx curier aad
<br /> , I,erxfier. Laxler tnay m�lce proof of loss if twt eisde pnxnptly by Botrawer. �
<br /> � � Unias Lender md Hu�rower otlxrwise agroe in urriting.insut�nce procetds sfisell be appliat ta resta�ot cepa'a o€-
<br /> � �`�Y�8�if the t�esiorueon or rep�ir is oconortically feas�le and l�nder's security is not lessened. If 16e .
<br /> ' miMtioe oc tepai[is uoE eCO[IUmiCally ft�l�k o�t Let�de�'s sx�ui[y.would bC iessened.dfG����.�+s'p�ocads sbaU 6e.
<br /> �PP�-w the sarns sec�ttod by tliis Security t� ,�,u••,• whether or not theo due,with any excess paid to Borrower. If
<br /> Ba�mwer abandotts the P�periy,or da�es not aaswer within 30 days a notice fiom Lender tt�at the u►surancx carrier i�as
<br /> offe�m settie a cla�n.tl�en Lender may coltect the insurance proceeds. I.endar may nse the pencsrds to npair or nstnc�
<br /> t6e Ptope�ty or to pay sums secured Ay this Securiry Incwment,whether or not thea due. The 30day period will begu►wlien .
<br /> t6e notia is given.
<br /> - � Unkss Leader and Boirower otfietwise agree in writing,any applicadnn�o€pr+�cceds ro principat shatt aot e�ctend or.
<br />-_ postpone the duc date of the moathlY payments c�f�aed to in pazagrap6s i and 2 or change the amoant of the payments. ff
<br /> -,�:::nader�21 the Propeety is acquued dy Lec�3��Botrower's aght w any�surance po3icies and proceeds�esuldng
<br /> '�,;;�iom dunage to We Pnnpetty prior w the acguisition�&pass to Lender ta the extem of the s�s secured by this Security
<br />- . � '-''�.i�c unmediarely prior co the acqnisition. ' '
<br /> . �, f,.;:f�upanc9, P�servaRion. Mt�iuteoaeee and �oteMtioo ot the Propett7; Borr'ower's I.wn Applicatioq:
<br /> ''.::�:e�seiici�s:;Bormwer shatl oa:apy,establish,and tue the$irc�perty as.Bo�rqwer's principal residence within,staty days after;.,. , __
<br /> — _— ' ::.:;a�exe,cipdioii of this S�s.y I6suumen�t and shall��r,�e to a:cupy the Property as Borrower's principal z+esidence for;at�'': --____.
<br />- ::�-#�ast one,year after tfie:date of oecupancy. �m1�s I.ender otherwise ag�+ees in writing, which consent s6alt noE be:`_;'� =_-_—
<br /> — : iinreaso�iab�.vYithtuld,oc aNess ex�xitcg euicutmtances ei�ist w�ich ace beyond Homnwer�s control. Boaoaer shait-naE;::"; ��-
<br /> — � dastroy.damage or impair ihe Frape�;,�llow the P�operty to detere�ca,te.or commit waste on tfie.Prnperty. Bormwer shalF;::::': =m -_
<br /> • be in ckfault if any forfeit�u�e actio��gioceeding.whether civil or erntiinal.is begun that in t:ender'�gaad�faith jpdgrrieni.��:': , -=y:-
<br /> �- — cuuld resWt in forfemue of the ar othe�wise materiall im air the lien c�rated b this Securi Inswment or�:; • � �_�
<br /> �Y Y� P Y tY'. , �:,_.,-
<br /> � Leader's security intecest.Bomnwer_may cur�e such a default and remstate,as prov"ided�n paragsaph 18,by caa�izig the action�• ��,�:f::
<br /> � or proceeding to 6e dismissed witt�a ruling that,in Lertder's good faith determe�on,pneciudes forfeiwre of i�ie Borrbwer's, ' - � ,��„
<br />'� intemst in the Ptoperty or other materiat impairment of the lien crcated by th:s Security Insaument or I.ender�s sectuity , � �i�`t,�1��r —�
<br /> interest. Borrower shall also be in defautt if Borrowcr, during the toah ag�+fication process. gave materiaUy false o�� .'»�+�`>`
<br /> „�3:�,j�+ rc_:..
<br /> inaccurate information or statements to Lender(ov faifed to provide Lender witE�any material infocmation)in connection wir2i . ,;��,,,±�,J.:
<br /> �-_ ,�,,,.,w �.
<br /> the toan evidenced by the Note. including. but not limited ta. representatia-�s;conceming Borrower's occupancy of the ,�,s,W.:�,:.:__
<br /> as a ei tesidence. If this Securi instrument is on a leasehold.8c�suwer shall com 1 with alI the v�sions. :,;��F°?:.r,r-''
<br /> P+'oP�Y PM P� tY P Y � � ...�_�_:
<br /> of the tease. If Borro�irer acquires fee title to the Property.the leaseho[d and the fee title shall not merge unless[:ender ag�+ees '3r:
<br /> =•_�-�":-: � to the merger in writing. ' ` - - � '`
<br /> �x�.r;
<br /> 7. Pratectloa o�Lender's Ri�hts in t& Property. !f Borrower fails to perform the covenants and ag�eements ���-a=
<br /> - * =� . ti. �wntained in this Security Instrument. or there is a tegal proceeding [hat may significantly affect Lender's rights in the -��-
<br />-_ ^ ��;:'� _., Prope�ty(such as a praceeding,in bankruptcy,prnbate,for condemnation or farfeiture or ta enforce laws or tegulations),ti�en ��-'=��. , _
<br /> � _� . Lender may do and pay for whatever is necessary to protect the value of the Propeny and Lender:s righu in the Praperty. � �'
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<br /> •t :�.' . �� ` Lender's actions may include paying any sums secuKd by a lien which has priority over this Security lnsnumenb appearing
<br /> •;w.:�;.: . �--•.;e ..,..�__
<br /> ' �T..>- � � in court,paying reawnabie attomey�fces and entcring an[he Praperty to make repairs.Although Lender may take actinn � c'-. :'�'� �
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<br /> .. .,�.t, i ' under this paragraph 7.Lender docs not have to da tio. � . .. ;.. .
<br /> • � .i;:�::��;,;�. My amoun�s disbuned by Lender uader this pssragrsph 7 tifiall become additional de6t of Borrower secured by this �
<br />= ��-;�`'.�'"- Security Instrumen� Unless Barrowcr and Lcnder agree to ather tcrmz of payment,these amaun�s shall 6ear interest from the ��`
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<br /> ��%;'-;�:�'�:r date oF distwrsement at the Note ratc and shal!be payablc.with intercst,upan naticc from Lcnder to Borrower requesting ' .��
<br /> ,;:.;r �:':',: PaYmen� �
<br /> ':� . ' �-.•�;-�: ; 8. Mo Insurance. If Lender re uired mart ��e imur:uue as a condition of makin the laan secured b this �'`� '
<br /> ,�—:-- ,,.�:: �?S! q S E S y �:� . . •-
<br /> . '+fi�_y�"� --� �°�r;�• Security(nstrument. Borrower tihall pay the premiums reyuimd to maintain the mortgage insurance in effect. If. for any
<br /> '`�` reason. the mortgage insurance coverage reqaired hy Lender lapties or cu�.�es to t►e in effeeb Borrawer shall pay tFte �. � '
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<br /> ,��: i pc+emiums required to obtain roverage substantialty eyuivalent to the mortgage insuranre pmviously in effect,at a cast ► :�."
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<br /> �.�•-_�..•-. substantially equivalent to the cou to Borrower of the mortgage insurance previausly in effcct,from an attemate mortgage ; ,: .` � ,
<br /> �,����'z;;r�, insurer approved t�y L.ender. If substantially equivalent mortsage insurance covcrage is not nvailable.Barrowers9�a11 pay.to . rs :,
<br /> � ��;>�f��•;��'• Lender each month a sum ual to one-twelfth af the earl mort a e insura�nce mmium bein aid b Borrower when the �; � ��..,�:�'
<br /> ,F>. �'q Y Y S S P S P Y _
<br /> "� insuranae caverage lapsed or ceased to be in effect. I.ender will accept,use:u�d retain these paymentti as a toss reserve in lie�s . =•
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<br />- � ���i;�' of martgage insurancc. Loss resecve payments may no longcr bc rcyuimd,at thc option of Lender.if mortgage insurance E • ±��;'.
<br /> ���t��•°r coverage(in the amount and for the peread that l.ender requires►pravi dc d by an insurcr approve d by L en der again b ecomes ;, ';_
<br /> `►'�' available aad is obtaine�.Boaower shall pay the premiums required to maintain mortgage insurance i�effect,or to pravide a !� - •,a
<br /> ���"' loss reterve.until the req��aement for mortgage insuranee endti in accurdance with any written agreement between Borrower ' -
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<br /> '�r and l.ender or applica6te faw. � --
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<br /> '"-��r'�',� 9. IASpectbn. Lcnder or its agent may make reaeonabte emries upnn and insFcctions e�ti�c Property. Lender sha16 E . f;�;
<br /> _ give$orrower notice at the time of or prior to an inspection specifying rea�onable c,�use fi�r the crospection. � ,
<br />-__— 10 Condemnatios. The proceeds of any award or claim frn damages,direet ar consequ�ntial..in connection with nny ; • . ;
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<br /> -'� Singtc F�amily•-Faenk Mae/FredEie:llac UNIFOR�II:VSTRU1fEtiT--Uniform Covcnant� 9/9A Ipaxe3 oJb pa�e�l P•�'.. ' ' ' .
<br /> -— — cRa�u�irs eu�dn.ianw tnc.• : �_, • •,..;r�
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