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<br /> , �3. B��i�l�rlr Lr�e�et. 8orro�ws.Ii�l_leep t�i�plvvs�eaR� �ow a�ti�ac iwe�AM'eaRMi aa ia
<br /> �thope�ty i�woed api�d�yio�y�s<by tme.iwsnds iacinded w�in 1�tam•ptlescbd am�a�er iisd�o�►o�Yet 1�ri:ird�il�i�y . .
<br /> .. ' �a�r�wuwal LWI�G��������������'��R� . �' �
<br /> � t��d11�G!tdL111�i�,S.'�E�C�jf1Ef`�I�Ow�1�1C IARq'�IOE��bE CifOi��I BO�i'O'M�f f1�JOCL[O,LQ�CR';�Q101(�: `
<br /> which sha11 not 6e��a�aornbiy a�itl�heW.I[Borm�ra 6ils Ro mtimin oo�ver�e daciibe��buvs.iaade�mry.�t L�� �
<br /> option,o6tain cove�e to.pvfect i�ender's righs in the ProQerty ia aaoaedano��vith p�ra�laph�7.�� . . ' . . _ _
<br /> ` Ai!iasnraooe pol'�cia�md�eaaNSls shdl bc�ooept��bie to l.eedet aod sidl include a s�nd�d moct�a�s ci�we. Lp�es
<br /> alatl l�tve tha tiglut to hoid the poticies aad e+enewais.If[.eoder er,�ii�s.Bor�awnc aTaU Proa�pti�r�ve w l,ader�11�ao�pts af� .
<br /> , .psid peiemiva�s 3a�d ieacviiat natizes.ln t�e zveat of to�s.8o�va ahaiI give pr�arptnaliae toti�e'u�ocr`r�riaraed I�eeder. '
<br /> `I�eoder mry` m�tce proof of kss Jnat m�de p�omptly by Horco�ver. : .. .
<br /> Unkss Leoder ahd Horrower othe�wise agtoe in w�ritins,i�raooe pinoer,dc slni!be applied to i�estaation ot t�eqir of tbe
<br /> ' • P�+operty dm�ged„if the restoration or repair is aonomically�a�si6k ud I.eo�ler's sea�rity is aot ksteand.I#'tbe ta�wc�tioa a .
<br /> crpir is not eoonomintly feas�bte or I�e�der's sac�ity v�aW be k�sxaed.t6c ia�r�one p�o�xeds��Inll.i�e applied to the wmi
<br /> � ' seaiea by uus soaricy�Ira�mak.wuaber oc noc ahea auis;.v;�e any�xoe�pia w aon�o.'va�. If aor�owelr abw,ac�a,e •
<br /> . Propaty,a das not aas�ver withia 30 days a mtix fmm Lendtr t6�t d�e inwrmoe prrier Iws offa�to satle a claim,t6ea ,
<br /> Lender may colIoct tbe inguraroe procxtds. l.ender may use t�e prooeeds to�ir or�tone the Pioperty or te pty aams
<br /> socared by tUis Saanriry Inurunne�.whether or not tben dae.The 30-day periud w�l begin when the notIce is geval.
<br /> � Unless Leada wd Bottawer atherwise ag�+ee in wtiting,arry aPPliatioa of p�oc�ods w pm�cipAl st�U mt attad or
<br /> postpone[he doe due of tbe mouthl9 P`Y�iefersed w�parag�s 1�nd 2 or d�nge t6e unount of the paym�ats:If
<br /> urider paagraph 21 tho Pruperty is acq�Yi�ad by Lender.Bortuwa's rig6t w n►y insta�bce policies ud procuQs nsulting fran •
<br /> daa�sge t�tbe Prupe�ty pri�;Do tLe aoquisi6on"shall pa5s w Lrnder to the extau oF tlie s�ms sa�ned by dtis Securiry Lnuume�ac �
<br /> iwmediuely priur to sha so�iis+ttion. ' • . - . . .
<br /> f.Oocap�ocy.Pt+esa�e;,'M!mtppu�oe aeii h!�oertiun ot'fie Anperty,Bae+awa's I.an AppBa�tioa;I,ea�erd�. �
<br /> Bormwer sh�ll oocupy.es�ish..a�id:use�iG P�opatF 9s Buuawer's pcincipal�dmoe wiWin sixty days aRer the exeaitioa of
<br /> ihis Scarity In�trument atx�.sd�1!�IUe�i�caiplr t6e Pivpeaty�s Ba�ower's pt3ncip�l nsi¢aoce for at le�t ooe yaE�r •
<br /> the date of oa:opancy.untess L�eadu atherwise agn�es ia writing;re�;��consetu slt�aot be unt�awn�bly wItLheld.or udets
<br /> eatrnaating ci�;?�St which art bryond Si��rtower's co�l.'$orm��r:�all mt•dast�ay, dama�;or im�ir We
<br /> -- Property. allow ttte Pmpeity to deterioratt, or comruit waste on t�ie;�t§aperty. Bormwer sl�all tie in defauIf�any forfeitune,
<br /> action or pr4oaeding.whetl�er aivil or criminal,is begun that in l.endtr's gaod faith judgment.could re.wlt ic forfeicane of the
<br /> --- � Fropeity or.adie�vise rt�aily impair tLe lien ccrated by this Sectiptg Tnswment or Lender's security iatec�st.Bonnwer may
<br /> � _ = cure such a default and ieinstate.as pmvida!in pazagrdpii 18,by c�ausmg the action or pr�c�eding to be dismissed with a n�lu►g
<br /> �` -_----—� that, in L,eiidet's goad:fflith detem�inadon, Prectudes forfeiture of the Borrower's interest in the Pruperty or dWer m�terial
<br /> impaim�ent of tl�e lien created by this Securiry Instrument or Lender's security intenst. Borrower sl�all also be in default if 1,%
<br /> —_-_-__�r:�� Bocrower.dae�g the loan application pra�ess.gave materially false or inaccurate infom�ation or stattajents to Lender(or fa�cE ,
<br /> — _ _��'v to provide i.ender with any material inforination)in connection with the loan evidenoed by the Note.including,but nat limite�� �
<br /> ������ to.representatians coneeming Borrower's occupancy of the Pr+operty as a principal,�esidence.If this Security inst�.+++�*rt is on a
<br /> `y=-•.�ss,.i°Y�.— ."K. " .
<br /> ��s:�, - leasehold. Borrower shall oampty with a!i d�e pmvisions of Ihe lease. If Borrower acqnins fee titk to t6e Prvperty, the
<br /> '•'�`,�;�=�? � leasehald and the fee titte shall not merge unless Lender agrees to the merger in writing.
<br /> '• #�r��''"'� � . 7.Protedioa ot I.ende�'s Rights in tbe Property.If Borrower faits to perform the wvenants ar�d agr�its containod in
<br /> '�''^�="y'�`�`'��"' �' this Security In53Nment.or there is a legal.proceeding that may significamty affect Lendee's righu in the Property(such as a
<br /> .-st:i:,':<�, _ � �: ;; —
<br /> ����- � ° �. � proceading in bankruptcy.probate, for condemnation or forfeiture or to enforce laas or regularions),then I.ender may do and -
<br /> `�'� "' ��� pay for whatever is naoessary to protect the value of the Property and Lender's rights in the Property. Leader's actions may _-_
<br /> .:.. , E,i�,i°r include paying any sums secured by a lien which has priosity over this Security Inst�umen� appearing in caurt, paying -�
<br /> �.�_�;�::�, : ••_� : reasonable atwmeys'fees and entering on the Property to m a t c e repairs.A lt h oug h L e n der may t a k e action u n dar t his p a r a g t�a p 6 =-
<br /> ;�_}; . . � .�'• . 7.Lender does nat have to do s�. .. . . �'-
<br /> ,�; , - Any amounts disbursed by [xnder under this paragraph 7 xhall bacome additional debt of Borrower secured by this �Y�_
<br /> �''"`''_ ' ' Security Instrument.UNess Barrower and Lender agrec to other terms of payment,these amounu shall bear interest from the °,'�"�'.
<br /> � F,Y.' • . date of disbursement at the Note rate and sha11 be payable, with interest. upon notice from i.ender to Boaower requesting f����r�W=:
<br /> '�.,�v�.:,,.- .. . PaYment. • • . I�� �'_
<br /> u`-; 8.Moetgagt Insurance.If Lender required mortgage insurance as a condition of making the taan secured by this 5erurity 1�„_:
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<br /> ==�j����r����•� ' Instrument. Bonower shall pay the premiums required ta malntain the mottgage insurance in effect. If. for any reason. the ` '
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<br /> r�'+�+. '`.�.-' ' mortgage insurance coveraae required by Lender lapses or.ceases to be in effect,Borrower shall pay the preminms required to N':���'�
<br /> ��-; '�.
<br /> ��. ' • _ � obtain ooverage substanNalty equivalent to the mortgage insurance previously in efafect,at a wst substantialfy aquivalent ta the i,,,�•.. _
<br /> � y' . „ . ' cost to Borrower of the mortgage jnsurance previously'in effect. from an aitemate mortgage insurer approved by Lender, if ' �
<br /> .� ` ' '�•' ' ' substantiatly eqnivalent mortgage insuranse coverage is not available, Borrower shall pay to Lender cach month a sum equal w � ���
<br /> ��a r one-twelfth of the yearly martgage insurance premium being paid by Borrower when the insurance coveragc lapsed or ceased ro { "
<br /> �'-�.,.Y��`'-`.: ' be in effect.Lender will avicept,use and retain these payments as a lass reservc in lieu of morcga�e insuranoe. Loss reserve ,;,
<br /> .•�,���-': �aose srso ;:�` .
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