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<br />-' ���•��`-� ' perlods that Lender requiren. The insumnce canler pravidin�the innurunce shall be chosen by 8otrower subject to Lendert� ___-_
<br />- apprnvul whlch shult rtot be urmzAr,onably withheld. If Borrower fails to muintatn covernge descdbed abuve.L.ender may.at
<br /> ���� , L.ender�opHon,obtain covernge to pmtect I.enderb righu�►in tho Prapeety i�i accordance wtth pamgruph 7.
<br /> _— AII I1180TA11C0 QO��CICS Wid TCRCWi1IA BIIAII I1�QCCBpIRbIC t0 L,CRdC�AI1tI liIlAII IIICII1d0 ti BtilfldAtA fiIOR�A$0 CIAURB. I.ender
<br /> -- phnll have the right to hold tho poldciex and renawals. If Lender requirra,Borrower shaU ptomptly givc ta l,ender ull recclptx
<br /> - — — of puid prcmlums and renewni nottrex. in the event of tusn. Bumuwrr hbutl givo�twupt aoU�e to tha I�suruttce carrier and —
<br /> � i.ender. l.ender may make proof af las9 if not mndc promptty by Hortowcr.
<br /> = " Unless L.ender and 8orrower othcrwisc agree in writing.innurunce�roceedx vhuN be npplicd to rc+turation�r rcpalr of � --- - - -�
<br /> �� � the Ptoperty damnged. if the restoratfon or rcpuir iK ecanomtcally fea.g ble and L.enderk rxcudty ia nac les�ened. If the
<br /> �,�: rr:xtamtian ar repuie iA not economically fcavible ar L.ender!�secudty �vauld be iessened, the insurnnce proceeds ahnil t+e _�___ - -.-
<br /> � applied ta thc xum»xecured by thia Scrurity In�tn.�meot.whethcr or not then due,with nny exccss puid ta 8ortower. [f ��
<br /> • Borrower abundane tho Property.or does not uaswer within 30 daye a notice fmm Lender that the insurancc curder hos �=__
<br /> • �.''"�S�': � � offered to settlo n cluim,then Lender moy callect the insuciuue proceedx. l.ender may ure the praceeds to repoir or restore —:__-
<br /> �.��z I�:`'�°�i� the Property or to puy sumK s+ecured by thi.4 Secutity Instcument,whether or nat then due. The 30�day period will begin when �`s--�----_—
<br /> �;�r,�;�%��;.;:�, the nodce ia Biven. ���- _---�- -
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<br /> ��x,p.: �,.f;`.,-,;,.,..� Unless Lender and Borrower atherwise a�ree in wrlting,nny npplicnt[on of proceeds to pdncipal shall not extend or ""
<br /> � - � • �,.� postpone the due date of thc monthly poyments refemed to in parugmphA 1 und 2 or chnnge the amonnt of thc paymen�g. If ��-_
<br /> � '�'�� ° :� under arn h 2I tha Prnpert is acquired by Lender. Borrowerh r�ght to any insurunce policies ond proceeds resulting �---�--"
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<br /> � . froi»damage to the Pr+operty pnor ta the acquisuion shail pu.+s to Lendcr w QiC extent of the swn+secured by this Securlty -''°''�_- _:;--_-_-
<br /> ;;;.i;��� Instrument immedlately pdor to the ucquisition. ;: ��:y---
<br /> � 6. Occupancy� Preservation, Matntenence and Protectton of the Property; Borrower's Loan Applicetiun; �r,�a�;-
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<br /> �• ` , I.easeholds. Borrower sha!!accupy.estublish,c+nd use the Property ac Borrower�s pdncipal residence within a�xry days after
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<br /> -��-�-------- tiie eaecutian of this Securiry inscrument und yhail cuntiuuc iu oi.�upy the i'roperty us i3arrowcrt ps3neipa1 resldence for at — .- ==_�___
<br /> ` ' least one year aPcer the date of occupancy, unless Lender otherwise ugrees in wrldng, which con�ent shall not be • ��' �•'_- �
<br /> � . ` unveasonably withheld,or unless extenuutin circumstunces exist which are 6e ond Borrower's contml. Borrawer shall not � -° � --
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<br /> � � � destroy,damage or Imp a lr t he P rope r ry.a l low t he P ro p e rt y t o d e t e r i o ra t c,or commit waste on the Pro p ert y. Borrowcr shaU _,m.�-,-,--___
<br /> � ' be in default if any forFeiture action or proceeding,whether civil or crimtnal,is begun that in Lender�s gaod falth judgment . �� ��.� �--
<br /> � could c�sult in forfeitnre of the Praperty or othenvise matedally impair the lien created by this Secudty Instrument or � 'r;?��
<br /> o ° L.ender`s security interest. Borrower may cure such a default and reinstate,ac provided in parugruph 18,by causin�the actton '. q;�:
<br /> or ptoceeding to be dismissed with a ruling that.in Lenderk good fnith determinutton,precludes forfeiture of the Borrower's �'
<br /> interest in the Propercy or other matcrial impa[rcnent of the lien crcated by this Securiry Instrument or Lender's secudty °:r��„ -
<br /> intenest. Borrower shall also be in default if Bornower, durin� the loan application process, �ave materially false or .� =
<br /> inaccurate informatton or statements to Lender(or falled to provide Lender with uny material infonnation)in connection with .
<br /> the loan evidenced by the Note, including, but not limited to. representations canceming Borrower's occupancy of the
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<br /> Prnperty as a principal residc���a. if this Sccurity fn�irumeni i:;on a le�sehold.Sorros+er sh�!!comply wiih e!!the proYisions ._
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<br /> of the lease. If Borrower scquires fee title to the PropeAy,the Icnsehold sind the fee title shall not mcr�c unless Lender agrees z
<br /> . to the merger in writing.
<br /> • 9. Protection of Lender's Rights in the Property. If Borrower fails to perform the covenanu and agreemenu �
<br /> cantained in this Secudry Instrument, or there is a legal proceeding that may significantty uffect Lender�s r�ghGS in the '
<br /> Property(such us a praceeding in bnnkmptcy,probute.for condemnation or forfeiture ar to enfarce laws or re�ulattons),then � .. '°�
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<br /> "—"�-""�"' "�- � Lender may do and pay ior w6acever is neces,ury ro proiec:�d�c vuiue oi'ti�e F�upciiy a�u ���wr�;r��;��4, .������ .�..i....�. -
<br /> '. , • i Lender's actions may include paying uny sums secured by a lien which has priority aver this Security Instrument,appeuring j
<br /> in coutt,paying reasonable attomeys'fees and entering on the Property to makc mpairs.Although Lender muy tuke uction (i,
<br /> • under this paragraph 7.Lender does not have to do so.
<br /> Any amounts disbursed by Lender under this p�rrugrsph 7 �hall become additional debt of Botrower secured by thls ' ,
<br /> � Secudty Instrument. Unless Borrowcr and Lender ug�ee to othcr tertn+of payment,these omounts shull b�ar interest from the i '�
<br /> �� ° dute of disbursement at the Note rute und shall be puyublc, with interest,upon nutice from Lender to Borrower requcsting f��?:��F �-�
<br /> ' PaYment. • �"f:i-�_
<br /> , 8. Mortgage Iasuranee. lf Lender reyuired mortga�e insurunce us a condition of muking the loan secumd by this ." .������
<br /> Security Instrument.Borrower shull puy the premiums reyuired tu muintuin the rnort�age insurance in effect. If,for any �,,.'�,; _
<br /> reason, the mortguge insurance coversge requimd by Lender lapsex or cea,es to be in effect. Borrower shall pay the
<br /> � �, premiums required to obtain coverage substant�a�ty equivatent to the mongage intiuruncc previou�ly in effect, at a wst •• • -•� ,- • -
<br /> ' � ' substuntiuliy equivalent to the cost to Bormwer of the monguge insurance previously in effect,from un altemate mort�a�e •
<br /> insurer approved by Lender. I!•=uh�tun[iully cyuivalent mortgage inxurrnrr coveruge i�nut uvailuble,Borrower shaU pay to . '
<br /> " Lender each month n sum eyuai to one-twetfth of the yesuly mortgage insurance premium t�ing paid by Borrower when the • �� -
<br /> • . insucunce coverage lapsed or ceuxed to be in effect. Lcnder will aceept.u+e und retain thex payments ati u loss reserve in lieu "
<br /> � •� � of tnort�;age inwr;mce. Lo�.re�erve payment� may no lun�er tx:nyuind,at the option of Lender,if mortgage insurnnce
<br /> •• covera�e(in the nmount und for the period that Lender cequirc+) provided by un in.urnr approvrd by Lender aguin becomes
<br /> uvnilable and is obtaincd.Borrower,hol!pay thc prt�miumr reyuired to maintuin mortgugc in,urance in effect,or to provide a
<br /> loss rexerve.untii the reyairement for mortgugc inmurunce endti in acrorcianrc with uny writtcn ugrccmcnt betwcen Borcower
<br /> �� and Lendcr or applicuble law.
<br /> 9. Inspectton. Ixnder or its ugcnt may mske rca..unable entrir.upon und in.pe�tion.of thr Property. Lender sh:�ll
<br /> , give Borrower notice at the time of or priur to an in.prction�pecifying n�.onable rau.e for thc in.�ction. ,
<br /> � 10. Condemna4ion. The pnxerdr of any aa•ard or rlaim tiir damagex,dirert or rontieyuenti�l,in connectian with�tty I
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