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<br /> , period�dnt I.eader tapLes. 7Le ituuaaoe a�rier p�uv�the�sur��sba116e eLo�en by So�mwer sobject to t.eederts `.
<br /> . ��ppwral�►fiicAshdl aa be u�rasadk�Y�rid�held. If Bo�mwar fait�.m m�ienie cuvsc+ge des�tibed above..l.�nder mty.+K
<br /> � L�ender9 opio�.oM�in ooverage w p�oiect L.endcr's dgi�s in the Ptoperty in axoN�ece witt�p�sgsypi�7.
<br /> All insurance policies�od cenowats shsil be�oaPnbia to Leudet aM shaU incfude a staodud matgsge ciause.'Lbnd�er
<br /> fI1iI�IfiYG tI1C TI�I't,t011Q�tAC QD�ICICS illd IC11GW�s. �f�RQu�il,'6•Bd'N�q'S�1�h�U�Y SiYC�O I.�JIAC[#u��P�'
<br /> oF pii�psmivans�nd�enewal naicts. In the event Qf loss.Bomower sAa[1 give prompt�wdce ta the iesurnce carrier and
<br /> . Lender. �,onder may make poof of lass if not made prompdY�Y�wa .
<br /> Unkss Letbe��nd Bortawer at�erwise�gae'in wrtting,ms�rce pca'eods sha�i be applied to restaation a ceptiR of �
<br /> - - --------- .. the PtoP�Y�8'�if the restoration or repair i�economtcally fe�sible and i�eteder's srscnnty is not te�setje�l.� �f dtt, � _
<br /> _- ' �estaatian or repair is not ecawmic�U9 fctsibk or i ender's serurity would�be ksseno��he iawrance prooceds st�}ll de
<br /> � appliod to the sums sec�sc�ed by this Sawriry[n.mument.vahether ar noE then due, with any exoess p�ud w BafmWer. If
<br /> Bcxmwer abat�doos the'PtnpeRy.or does nat answer within 30 days a notice fmm�ender that ihe insuranR.�e curier Itis _
<br /> offeroQ to settle a ctatm,then l�ender may cotkct th�iasurance pmoeeds. Lender ma,y use the pt�ucoeds to�air or restore
<br />-_ _ _ �e Ympecry or to pay st�ns securod by�his 5ecuricy Insaamem.whetlter ar not tlrcn duc. The 30day period w�ll 6egin when � -
<br />__ ti�e notice is given. -
<br /> Untess l.ender and Bamwa adrcrwise agKC in+vritin8•�Y�PP��°f!��t�P�Pv�s6�11 nat cxoend or �
<br /> postpac�e t6e dua dau of the monthlY payments iefertcd to ia pa�ragrapUs!artd 2 or change the anwunt of the payments. ii" ---- -_
<br />- under p�ragr�g�h 21 ihe Ptape�ty is acquiced by i.er�der.Borrower's rigfit tp any insuranca policies and proceeds rcsulting �`'-"--
<br />- fivm dunage w t}ie propaty p�iar m the acqu�sition stra[I{x�cs to l.e�ider to the txtent of the smns secuced by this Securiry �`��=-�"°'°°-°-="'
<br /> x
<br /> - [�unent immodiately prior w the acquisidon , ` �� °° - -__
<br /> ����y_.
<br /> �. Ooc�paac'. Fn'se*vatioa. Maintenance and Protectioa ot the Prope�rly, Ba'ro+rer's Loao i�ppliptioa; - _ '`r;•"�:,%—-
<br /> I.�old�. Barower sGall accupy.establish.and u�se tl�e Pcoperty as Borrawer�s principal nsidence within sixty days after '`:_�:�,�:--
<br /> ue
<br />- dle exec�rtian of this Security tnswrnent and sf�aU continne to occupy the Prope�ty as Borrower�s principal residence for at ' .�:
<br /> kast ax year after the date of occupanc.y+ unIess Lender otf�erwise agees in writing, which consent s6a11 �rot be �.y�.`:
<br /> �meawnably.withNeld.a anless extemrating c�unstances exist whicb ate beyand Baaowes's control. Bormwer shall not . =��`���;
<br /> destroY,dait�a8e or impair du ProQe�ty.altow tl�e Propecty to deteriorate.a commit wa�te on the Pn�peny. Barrower shalt �_-,,�:�_ _
<br /> - be in default if any fart'eiwre actian or procoeding,wl�ed�er civ�7 or criminal.is 5egun that in Ltnder's good faith judgrttent :�•�-°�::__
<br /> �•�:n��-�
<br /> oould irsult in forfeiture of the Ptopercy or otherwise materially im p a i r t h e lirn cnated by this Security(aswment or • �� -,-
<br /> Lender�s security inte�est Borrower may Cune such a default and reinstate.as pruvided in pazagr�ph 18.6y pusmg the action -
<br /> ph -
<br /> 'n w be dismissed witli a nilin tLat,in Lender's oal f�ith QeterminaGan,p�ecludes forfeiture of ihe Borrower�s ��'"��,_ �s —
<br /> �s.gr��e. -
<br /> O�
<br /> �•,�'�.r;, intecest in t1 e Ruperty or other'material impainnent of ti�lien created by this Sec�uity Inmument or l.ender�s secuaty =
<br /> � �� , inter�st. BoROwer shalt alco be in defauii if Barrower, during the loaa application process. gave materially false or
<br /> ►.� �:� x`=� inaccurate infoanation or st�taheats to Leader(or faited to provide L.ender with any material infomiation)in connection with . - _
<br /> '�" A�.��' the loan eviderke�by the Note.uuluding,but na limited to, repi+eesentations conceming Borsower's accupancy af the
<br /> : t:;Er`�'�:�:�. '''�.:. � �
<br /> •a-�,-,;;.;,.;•:�;,' Ptope�ty as a principal residence. If this Seauity Inslrument is on a leasehotd.Borrower shall comply with all the pravisians :x_ . • ;.
<br /> �"""�`� of the kasa If Bamo�Trer acquires fee title to the Property,the leasehotd and the fee titie sfiall�rot merge unless Lender agc�ees - ' •`�-:
<br /> . 7'%s��:. _ • -s='�;Y�:}r�.
<br /> �i z. ew^¢ TO Q I C 111Ef$Ef III W[lTlll$. • .:+� -
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<br />� � �'.'i.°.: - • .
<br /> • 7, pruteetion ot l.eeder s Rigbts in the PropaCF if Borrower fails to perfoim the covenants and agreements �,;;�_:�..—
<br /> - +� ' cantai�rd ia ttus Satirity Instrummt,or thece is a legal proceeding that may sig�ufirantiy affect l.enderk righ[s in the �_�. —
<br /> � ,��-�- Ptoperty(such as a proceeding in bankruptcy,probate,far condemnation or forfeitu�+e or to eaforce laws ar regulations),tt�en '� '�: �:;; �
<br /> ` .SS _�.r�:-: � ' --
<br /> ,. €�;,.,��.:.. .. l.ender may do�nd pay fos whatever is necessary to proteet the value of the Propecty and 1-ender's i`Ft�ts in the Psoperty. ,
<br /> ��'�.,.,�.;.....'�..� .�.�' .'
<br /> ;;�L` �+'e�=�'� � .:y� � Lender's actions may include paying any sums secured by a lien which has priority over this Security�strumen�apQeanng ��
<br />- '°�����'�^%. �•��;..� in court.paying reasonable attomeys'fees and entering on the Property to make regairs:Atthough Lender may take:action � � � .
<br /> �;� �. s,�,�:<,, • �.
<br /> :��-.�i�^-.s :'. '� ' ander this paragraph 7,4ender does not have to do so. ' _� �
<br /> � ,"•`'�'.'.��'.. . . My amounts disbursed by Lender under thic paragraPh 7 shal�become addiE4�ea1 debt af Bpmuer secured by this � �.:�
<br />_ �� �, �•� � Secarity{nctrumen� Unless Bortower and L�der agree to ather terms of�3�men�td�ese amount�shaii:L"�:;ar intere.n from the � , � �
<br /> �-��1.n•. ''�''� date of disbursement at the Note rate And sE-w:�E be payabte,with intere�.�gon notice from Lender to Bomower re,questing f � � �T'
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<br /> ��.r��:..:.:�. : �umen�
<br /> - ����"k� 8. Mortgpge Insuranee. !f L.ender tr.quired mort;�:.t_insurance ac a conditio��f making the loan secc�c�a,L•15y�this � ��
<br /> ���' ��=":•' . � � � x:�-..
<br /> :�,...::'�. ,: Sc�."rity instrumenti Borrower shall pay the premiums required to maintain the martzage insurance in effecG �f.#or any �• • �y
<br /> ��°s;:-�. �.��•.:'�= reason, the mortgage insurance coverage �equired by l.ender lapses or ceaseti to be in effect. Bnrrower shall pay the [ ��• : � . �;
<br /> �- `���"�e° premiums required to obtain coverage su6st�c:tially equivatent to the mortgage insurance pr�eviousig �in effect,at a cost � ._ .. .._
<br /> - - �".�� ' substantially equivalent ta the eost to Borrov�of thc martgage inwrance previoucty i�effec�froa�::.�altemate mortgage
<br /> . � ';`-F' �' ��. ' ins¢[er approved by Lender. If substantiarGy eyuivaient mortgage insurance coverage is not avnilabte.Borrower shall pay to �.
<br /> �..�::,,,;;: `., �
<br /> - ���; ;. �der each month a sum eq��one-tweifih oi the ycady mortgage insurancc preminm being paid by Borrower when the
<br /> �.. �:;'S: inaurance coverege lapsed orc�z�r-±ai to be in eifect. l.ender witl accept,use and retain these payments as a loss recerve in lieu �
<br /> ?-�.;:a::�-,.� � ;
<br /> of mortgage insurar�ce. L.o�.s r°serve pa}aaents may no bnger be reyuired at the option of Lendee�.i�mortgage insurance
<br /> , - - �:.-;,'� coverage(in tl�e amount and for the periad ttrat l.ender requires)provided 6y an insumr approved b;'L�der again becomes �° ��.' •
<br /> `'' '�� ``�`' avaitable and is�btained.Bomower shalt pay the premiums reyuired to ma�ntain mortgage insurance u�T c�ffect,or to provide a r ., . �=-
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<br /> �.��°-=.:: tas's'�serve.unGl ti�e requirement for moetga�e insurscs�eeesfs in accord3nce with any uaetten agre�!•.�:a1 betweaa E�rrower ` ,�A
<br /> -. ' "? � a�Lender or eppficable law. ` . • �t 4
<br />•F'� ;•�`�`�'a �� 9 laspecttoe. Lender or its agent may make re�.uraable enuies upon and inspoc�ions of the Properey. Ler.S^er shall �--��•=-� _���- -�
<br />- � �: �- • give Borrower natice at the time of or pdor to an inspection specifying reasonable cause for the�•s��n. � : ; .-
<br /> 10 ('.ondemeatbn. 71�e proceeds of any award or claim for damages,dirert or consec�uenti.aL W^r connution with any ��
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