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<br /> < < period�m�t LeadGr requua. '!be n�uaooe c�trier p+�vidimj ehe in�wdce�Lali bp�ha�a,by�anower a�bje�t a t.endets ' � . �
<br /> � �: �pp�rovai.�rl�iCn ah.0�oc be wu�aa�Mr«id�ew. If sono�a r.ila�v�ir�a�oovu�i�e aexn-bea abo�r�.�r,n�y.+�` ..
<br /> Lender'�optjoo.aMain oovaage w piota,t I.eodet'�tigbts ia the Avpe�ty in icco�d�nae with p�aanpb 7. � �
<br /> � , All icsurimoe polic�es�od�ewsls abW be�rcaptable w Leadet wd ahW imcWde a sc�tdud�g�e cl�t. �a�der �
<br /> � sh�li bsve tUe riaht to fafd drc policies aad�ewais. if l.erder requises.Bonower ahall peemptty aive w Lender�p�abeips
<br /> of p�id premiums aod ra�ewal ootices. In the event of loss.Banower ahall�iv�pro�npE ratip�to the i�su�anoe aRier�od _�
<br /> � �I.eniler. I.axlcr may mal�e poof of toss if not made P�P�Y bY��w� ,
<br /> � "Unkss i,�rda�id BoR�er od�envise a�in writing,ii�ce p�o�eeds sial#be appl'ied to t+estaatloo or tepair of,
<br /> drs PmpertY_dama8ed.if tl�se iestontion or tep�ir is a�omic�lly fasibk and l.euder�sectrtity is nat k.ssened. If tlx
<br /> �oc tepair is pnt a�onomiaUy faw'bk or Layder�s saurity woWd be kssenai,the i�ance praoed4 shalt 6e�
<br /> � . : applied to the s�ms savted fry'this Socurity Inshva�en�w6ether cx aot then du�.wi�h�r►y eacas paid w BtxroWer. If
<br /> $anoxa ab4endoos the.Pt+upetty;or does not�auiswer within 30�days a notiae fmm 1..ender that the iac�ance cusier das
<br /> offaed to aettk a clsim.dxn I.en�ier mry coikct the iasuranc.�e procads. L.enckr may use the p�ocxeds to Tepair o�nstone
<br /> the Pto,peity or w pay sums secwYd by this Secvtity instrument,`wiiett�er or not tbrn dne. 71ie 30-day period wIII begiu wheri
<br /> d�e twdce is given . • -
<br /> lJnkss I.ender amd Barmwer�othe�wi.se agiee ia writin8, �►y aPPlicatioa of procoeds to principat shall na e�cterid or
<br /> postpone tbe due data of the monthlY I�Y�ts�efened to is p�angrdphs 1 and 2 or change�the amamt of the payments. If
<br /> iu�der puag�ph�21 the Frope�ty is acquired by Lender,Harawer�s rght to any ins�uancc policies arri pmcoeds�esulting .
<br /> ` �tom damage w the PropertY Prior to the acquisifion shall pacs w i,.ender m the e�ttedt of tbe snms secut+ed 6y ttds Sxu�ity
<br /> -_ Iactmment immediately prior to the acquisition. .
<br /> _ 6. Occopaac.f,.Praervatioo, M�inte�._�:ad Proteaion o� t6e Propa�ty; Borrower's Lu�n Appliqtioa; � . .
<br /> -- Lpiseboldc. Bbrm�e�rshal3 occupy.e.gtablish,aad use the 1'tqurty as Boisower§princip�l�esiden�with�sixty days after
<br /> . the execution of thi$Securiry Instsvment and shatl continue to accupy the Property�as Botrower's pru�cipal residence for at
<br /> kast aae•year adi�er�he date of oocupancy, uNess;Lender aherwise agrces in writing, which caasent sfiait noi be
<br /> ' on�easanabty withheld,or nNess exunuating cifiumstances exis�which azie,beyond Bamwer's condol. Bormwer shali not
<br />- - desu+ay.damage or i�npair the Ptoperty,attow the�mpecty to deteciar.y!e,or canmit waste oa the Pt+opefty. Bosrower s{�all .
<br />_ • .. 6e in defa�lt•if any fwfeiture action or proceediag,whether civ�or crimmal,is 6egtu�tlrat in I.ender�s good faith judgment
<br /> ', 'could c�esult in focE�:iune of the Pcaperty or otheearisc materially impair the lien created by this Secariry Irudmment ar '
<br /> � _ •` Lender�s security intecest._Bormwer may c�re su�.�default and reinstate.as provided in pazag�aph 18,bY causing the action ,
<br /> . "�`' or ptnceediag to be�isiaissed with a ruling that,in,l.ender�good faith dctermination,Prectudes forfeiture of the Botrower�s �
<br /> - , interesc in the Property or other material impairment of the lien created by this Securiry InsdUment ar Lender's securiry
<br /> • interest. Borroau stialt also 6e in default if 9orrower.dunng the loan application pmcess, gave materially false or
<br />_ inaccurate infamatfrcan or statements to Lender(a�r failed to provide Lender with any material informaaon)in connection with
<br /> at
<br /> �:` :� the loan evidencoc�i�y the Note. includins,6ut n�t limited to,representarions conceming Bort�nwer's occupapcy of the �
<br /> _ '} Roperry as a pdnc`ipa7 iesidence. If this Security In.�cument is on a leasehold,Borrower sha11 comply with all the penvisions
<br /> of the iease, If Bamo�GVer acquires fee tiue to the Praperty,the leasehold and the fee titte s�a7u m�i mergc unless I.e�Wer agnes
<br /> - � 'fn'-�.� to the mesger in writing. . .
<br /> ;+-}'- 9. .Protection ot Leader's Rights in the�rogert� �fBorrnwer faifs to perfotrn�ihr wvenants and agreemeiirs
<br /> �' " �4p-' � contaiACd in this Se,curiry Insuument. or there is a tegal pr�ing that may significandy affect Lrnder�rigfits in the .
<br /> � "'• � !3o such as a pt Y P regulario�as)tBen
<br />-- ��� - �' ., ;.,r,�, ; P�Y( proceeding in bankru c , robati.fo�coadeinnation or fanfeiture or tn enfon�e laws or e
<br /> �rf y'�a; ;�' �.` °:-. Lender may do and pay for whatever is necessary to.protect cise value of the Property and Lender's rights in the Property.
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<br /> �x;. :; ?1;���,r=.;: Lender's actions may include paying any spms secumd by a tien which has priority over this Security Insuument.appearing
<br /> '�3a�:,y � ��:��:;;;;,. • in caurt.paying reason�ble attomeys'fees and entering on the Property to make repairs.Although Lender�inay talce action
<br /> . ��;�;,�; , '�'•-,•',t" : under this paragtaph 7.Lender dces not have to do so.
<br /> : ..:„.f '�::.. � My amounts disbursed by L.ender under ihis paragraph 7 shttll be¢ome additional debt of Borrowet savnd by Uns
<br /> '�'`'�''�' Securiry lnstrument. Unless Borrower and Lender agree to other tertns of payment.these amaunts shall bear inteiest ftu�t tbe
<br /> •,�d.�.�'�" �".'•:•., .
<br />_=� .�.i.;,;,�� +. date of disbursement at the Note rate and shall be payable.with interes�upon notice from Lender w Borrower nquesWg
<br /> ;,.� Pa��
<br /> �'�=��` ''� �-�'`' $. Mo�tgage Insarrne� if Lender required mortgage incurance as a condition of maicing the loan secured bg ihis
<br /> ' �' � . .'� Sect�unty Instrument,Borrower shall pay the premiums required to maintain the mortgage insurance in effec�. If, for any
<br /> '-`.� ' � - teasa^, t�e mortgage insurance coverage required by Lender lapses or ceases to be in effect; Borrower shall,g�,y the
<br /> ��..r�:.:;,...� ;' - - premaurr�s required ta obtain coverage substanai�:;y equivalent to the m ��ge insurance previously �xffxt,at a cost '
<br /> •'=s � »� � � . substantiall urvalent to ihe cost ta Borrower of the moA a e insurance mviousl �n effect,from a�alternate mat ' '.�
<br /> �j�'���" � insare►appmveqe,d by Lender. If substantially equivalent mo gage insurance coverage is aot available.Bormwet shill p�y�w , ,
<br /> c,y.,. �. .
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<br /> t'�+,;,�;i._.�•,• Lender euch month a.sum equat to one-twelfth of the yearly mangage insurance premium 6e�ing paid hy Bors+nwer wha�the
<br /> ' insurnnce cover�ge lapsed or ceased to be in effert. Lender will accept,use and retain these aaayments as a ioss rosarve in 1iw
<br /> ''" ����`�' `� S S p yme��.s r.�a no ton er be re ared,at the o hon of Lender,if rrwrt ,
<br /> � _t,:T� .._ ; of mort a e insurance. Loss reserve a y. 8 q � P� SaB�� .
<br /> �,��sj; ..:� � coverage(in the amount and for Ihe period s.ha:�.Ender requires)provided by an insUrer approved by Lender again ttecort�es
<br /> =«=�t'�'•- available and is obtained.Borrower s5a11 pay�.:p_�miums r�a,':red to maintain mortgage insurance in effact.or toproridt a
<br />- ,-.�-�., ,, .
<br /> loss res�rve.until the requirement t'or mortgage insurance cads in accordance with any written agreement betwan Bo�mrwer" •
<br /> . �'-ti� , and Lea�er or applicable law. �.
<br /> ''.� 9. IacpecHon. Lender or it�s agent may make re�ona6ie entries upon nnd inspections of the Ptoperty. I.ender,a1p11 '
<br /> - " give Borrawer notioe at the time of ot prior to an inspection specifying reasonable cause for.the inspaxian.
<br /> lA Condemnaftoo. The proceeds of any award or clalm for damages,direct or consequential.in connection with any
<br /> _ Singlc Family--Faenie MsdFreddk Mx Uti1FORM INSTRL'NENT—Un'fform Covemnts !!!� /pade 3oJ6 p�tt)
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