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<br /> t;° .;_,, -.,�,�;. ; pedods that I.ender nequires. The insumnce cuaIer pravlding the insurance shnit be chosen by Bormwer eubject to[.ender's �-�_______�
<br />- :��=�' "�� approvul which ehalt not be unreasonably withheld. If Borrawer faita ta maintain coverage descr�bed above,l.ender may.ut
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<br /> •'���""� �� ` L,ender!�option.abtnin coverage to protect l.ender's dghts in the PrapeRy ln nccordance wtth paragraph 7.
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<br /> n :��� All inxurance llcies and renewalR shnll be ucceptable ro Lender und�shalt include u atandard mortsage clnuse. t,.ender R""-"�"'�"�
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<br />-- �a�►,.��• � � �halt have the rjght w hutd thc poltcic�and reaewals. if l.cnder requires.Bom�wer sha!!promptly give to[.ender a8 necaipts _.___ _ _ __
<br /> _ $ - ���,,. of pufd premiums nnd ren�wal noNces. In tha event of loss,Borrower shuU give prompt nottce to the insurunce carrier nnd K,,.,,:,�� _ _ _
<br /> l.ender. Lender ma make roof of lass if not made promptty by Borrower. �`''��
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<br /> _ .�. Unless Lender and So�rower othcrwisc agreo in wrlting,insurance proceeds ahall be epplied to restarndon or repair of �..,�,=_ _ _
<br /> � th6 Propetty damaged,if the restaration or repnir ia economicnlly fcustble snd L.ender� security is not lessened. If tho ��,��,°
<br /> �� � � reatorntion or mpulr ix not economically feasible or i.ender's secudty wautd be tessened,the insurance procceds shall be � -
<br /> �� ., � applied to tho sums securcd by this Secudty Instrument,whether or not then due,wlth any excess paid to Borrower. If �
<br /> ° •� ", Borrawer ubandons the Property,or does not nnswer within 30 days a notice fram Lender that the insurance ca�fier has *"''��- —
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<br /> �� , ` .� . o f f e re d to se ttle a claim,then Lender ma y rnllect the insurunce proceeds. Lender may use the proceeds to repair ar restore �-_�„�,-,:.___ ___
<br /> . �, the Property or to pay 9uma secured by this Security instrument,whether or not then due. The 30-day pedod will begln when �!�'_�.��-�""�'
<br /> � � ' the natice is given. ��_- - --
<br /> � Unless Lender and Borrower otherwise ngree in wdting,any applicatlon of proceeds to prliuIpal shall not extend or �--
<br /> -; � • postpone the due date of thc monthly paymen�s referred to in pora�raphs 1 and 2 or chan�e the amaunt of the payments. If _
<br /> ' under para�raph 21 the Property is acquired by Lender.Borrowers r�ght to any insurunce policies and proceeds resulttng -
<br /> . from damage to the Ptoperty prlo�to the acquisitlon shull puss to C.ender to the extent of the sums secured by this Security
<br /> , Insuument immediately prior to thc acquisitlon.
<br /> � � ` 6. pccupancy, Preservatiun, Maintenance and Protection of the Praptrty; Borrower'a Loan Applicallon; . -. •- - ----
<br /> �=�` � - �"" " Lessehoids. Borrawer shall c�ccupy,e,tablish,and��cr rhr Pmperty us Borrower?s pnneipul residenee within sixty dayR efter
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<br /> ?{ �� the execution of this Security Instrument and shaU continue to occupy the Property as Barruwer's pr�nclpal residence for at -- -
<br /> :± ' Icast one year after the datc of occupancy, untess Lendcr othenvlse agrees in writln�, which consent rhall not 6e d�_
<br /> � unreasonably wlthheld,or unless extenuating circumstnnces exist which are beyond Borrowerk control. Borrower shall not
<br /> ' . � destroy.dama�e or impair the Property,allow the Property to deteriorute,or cummit waste an the Property. Borrower ghaU ���.
<br /> � be in default if any forfeiture action or proceeding,whether ctvil or criminal.is begun that in Lender?s good fulth judgment -
<br /> • could c+esult in forfeiture of the Praperty or otherwise matedally impuir the lien cmnted by this Security Instrument or ___
<br /> Lender�s security interest. Borrower may cure such a default und reinstate,as provided in paragraph IA.by causing the action -
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