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<br /> ;.:�-T r� periods ihat[,snder tequhes. 7fi�insurastce cu.�ter provlding tha insurance shall 6e chvsen by 8arrower subject to Le�ederS� —
<br /> -H ..=._.....�:�c'�-� s�grov�!wl�.dsh shs!!n�be:�cnmA�ly with6eld. If Botrowet fails to mainwu+coverr�o dacribed ubave�Lend�r m�y.ut
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<br /> .-,s,:{���;�t-v i , Lender�o lam.obw�n coverage ta praiect Lender's dghts tn the Prop�rty in uctordnnoe with paruSraPh 7. - _—
<br /> _�-���,;�� Ali ir►�surance policies and�+esewals shall be sccepinbie to LendPr and shnll include n stnndurcl mo�tgaBe clause. l.ender
<br /> =-��.�y;�,,� ahnll have the dght to hold the poticles and cenewuls. IP L.ender m.c�uires,Honower sh�l! prnmptly give to l,tnder all receipu� _
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<br /> �,_�,._ .- of paid pn-r�inms and rr�..ne�al nauc�a. In the event of lass,Bvrtower shn!!give prompi notice to the tnaurance cnnter and
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<br /> _�.'?4�E.t'",,�,�'''� ' I,en�ler. Lender muy mc�ke proof of loss If rtot mnde�camptlY by�armwer. . r -"
<br /> �=�?`�r�r., Unless Lender an�Bonrower otftenvise ogree in wrlting.tnsurance�srooe�ds shsll bc applied to rcstomtIon ar t+ep:iir of _
<br /> `'``'��:`�� ' '`;'� the Pmperty damAged, if tDie rc�stomdon or repair is eoonamicntly feasible nnd Lenderh secudty is not lessened. If Ihe —� - -_
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<br /> ' ,- - restorateon or repair is not eeonomicWly feusible or l.endet�security would be Iessened.tho insurance pn►ceede shail� � -- �.-
<br /> �''����.`��'.�"�'�._ pppfied to th�sums atcured by this Security Instiumen�whsther or not then due. with nny excesg paid to Barm�ver. If �- v�:,� -
<br /> '� "� Bo:mwer ubandons th$Praperty.or does not unsw�er wIthin 3Q days a noSce from Leendet thnt thc insurance currier has �::f_u--- __�_—
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<br /> _ � w��. of�'ered to s�ttle u clsim,then I.eader mny collect the insurance pr�oceeds. l.ender mny use the praceeds to repnir or c�estore _—.
<br /> .'""'°��:'�• �x the Propesty or to pay sums secw�d by this Security Instrumen�whether or not then due. 'Iite 30�day period will begin when c-__-- -
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<br /> ;,'�� . .�- •• -, the r�odce is given. "�y"��Y
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<br /> Unless Lender and Borrower othenvise ag�e in writing,any upplicatIon of proceeds to principal sh�ll rtot extertd or Y �.-�__
<br /> . ' , pastpone the due dnte of the monthly payments referred to in.paragray�hs 1 and 2 or chcinge the amount of the pay�nents. 6E �-�-- _
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<br /> . . und�er paragtaph 21 the Property �s acqutred by L.emd�es.l3or.e.�avJes's• ri.ght to any tnsurance policies and pmcoeds resrttanb •�,- �;:,,t,�„�__
<br /> - . . � ftom damage to the Ptoperty prior to the acquisit�vn sitaJl�r.�cs co LerJd�ec to tfie eatent of the sutns secured ay¢i�s 5ocueity ;++�__�.
<br /> . ' �>.i, , Instnunent immedtately prtar ro the acquisltion. -
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<br /> 6, �}eaasy. BYa�ervaE��sP, !�Enf�rtetc;,�rs,s�t mrs,� frlra�m�6snm oS Q11e l�acr{�arR�r: 16ivemrc�rQV`� �.a� A�T'�4Eam; �:.��? � :�:;;:;��--
<br /> . j I.easehofds. Borro�ver sba�l occ�r{�y.es�a.4iisl�,aad us¢tite Ttro�xt,q as l�or.r.owe�k�rrnc�Qat eesi.�eat�e within sixty C'ays a�'ter. . ••�;q�� •
<br /> � the eaecution of this Se,cvrity fnstrument sntd shall o�+icittne o0 om��g�dne Pta�rertY as Ciumtivrec'�princi�al resid�nce far at . •. j;�
<br /> „ Ieast one year after �he date of occupancy. unless P..ender or.lter.v+ise a�rec's �n �rncir►S, which consent sRall not be � '�`"
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<br /> � � . unteasonably withi�eld,or unless eatenuaung circumstanccs exisc yitich are Ge�qond'Iiorrower�control. Bonower shall not �`�; .�—
<br /> �'�:'�i;•,�.�,: destroy.damage or impair tt�e Ptoperry.ailow the Property to deteriocat�.vr com�irt waste an the Property. Borrower shall �
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<br /> ' be in defauk if any forfeiture action or pioceeding,whether civil or crimieeal,is begun that in I.ender�good faith judgment :�,. ���� --
<br /> �t �..� cortld nsuJt in� Eorfeiture of the Property or otherwise materially impair the lien eceated by this Security Inswment or : ;��:_—
<br /> ` `'�"'�' Lender�s securi,ty interest Borrower may cure such a default and r+einstate,as provided in paragraph 18.by causin�the action =--
<br /> • or proceeding to be dismissed with a tuling thut,in I.ender�s good faith determinaqon,precludes fodeiture of tite Borrower's • �'' ,—
<br /> .i inte�est in the Property�r other material impairment of the lien created by this Security Instrument or I.ender's securiry -�� _
<br /> i interes� Bo�rower shall afso be in default if Borrower, during the loan applicaUon process, gave materially false or .�' r�' ';��'"
<br /> " � ;; inaccurdte infortnation or statements to I.ender(or failed to provide Le�der with any material informution)in connection wi� � ���.-_
<br /> ° , ; '� thr. ioan cvidcuaxl Ly ttie 1��. v�ctuding. !wi tsai listited to, se;s�.:ntstions tetx'Atning Rormwert accupancy of IhE �-•
<br /> �• PropeRy as a principal residence. If this Security Instrument is on a leasehold,Bomower shall comply with ull the provisions :
<br /> '�`:�•.:d•) of the lease. If Bomoweracquires fee title to the Pro�e�y,the leusehold and the fee tide shall not merge untess L.ender agmes � . .;�`
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<br /> ;.:;,;Sr.;;.':. to the merger in writing. .,---
<br /> =•�•�,r� • 7. Prmfect�on of Leader's Rights ia the Property. If Bamower fails to perform the covenants sind agreements -
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<br /> .. , contained in ahis Security Instrument,or there is a legal proceedin£that may significantly ufTert I.ender's rights ia t6e
<br /> ' � ��•i; Ptoperty(sucfi as a proceEding in bankruptcy,pr�obate,for condemnation o�fo rf'eiture or to en force laws or mgulations),then �__._
<br /> � L:ender may cio and pay for whatever is necess:uy to protect the value of the Propetty and Lenderl rights in the Ptoperty.
<br /> ''•� ' / ' L.ender's act9ons ma include a in an sums secured b a lien which has riorit over this Securit Inswment,a arin ;���
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<br /> � . i in court,paying reasonable attomeys'fees and enterinF on the Propert}�to make c�:pairs.Although Lendet may tcilce pction . -•
<br /> under this paragraph 7.Lender does not have to do so. '��'>�'�
<br /> My amounts disbursed by Lender under this paragraph 7 shall txrome additional debt of Borrower secured by this
<br /> , . I Security Instrument. Unless Borrower and C,ender agree to other tertn+uf pa��ment,thes�amountti shull bear intems[from the i4_;;�
<br /> date of disburssment ai the Note rate and+hall be payable,with intere�t, upcin notice fmm Lender to Borrower requesting �,' '�"'
<br /> ' . payment. -�°'�
<br /> 8. Mortgage InsurAe�ce. If Lender myuired mortgnge insuranre a,a condition of making the loan secured by this ' � •1:' : �
<br /> . , I Serurity Instn�ment.Borrower shalt pay the pmmiums reyuired tu maintain the mart�age in.ursnce in effect. If.for any .;.t;,•;` �
<br /> � �. reacon, the mortgage in�urance covera�e reyuired by Lender lap,e� or cea�r. to br in effect, Borro�ver shall pay the ` Y,
<br /> • � , . ' premiums reyuired to obtain coverage suh,tantially eyuivalent to tht mortgage inwr�ncr pre��ioully in effect, at a cost '. „
<br /> ,,,�':.'�, �'.i substantinlly equivalent to tlte coxt to Borrower of the mortgage in�ur.uicc pre�•iuu�ly in effect,from an aRemate mortgage .'„�., , .
<br /> insurer approved by Lender. If substantiaUy equivatent murtgage imurance coverage i�not availuble.Borrower sh:sll pay to ••:��'f�•'
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<br /> �';�},��� I Lender eact�month a sum eyual to one-twelfih of tht yc:uly mortgagr imuranre premium being paid by Borrower Nfien the ,
<br /> i���uta�ke�o�cragc lapscd or ccaticd to he in effect. Lender�+�ill arrept,u.e:md re�ain thrse pa��ment�a,s!o„reserve in lieu � '�"`�'�'"-�' �
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<br /> . of mortgage insurance. Lo�+reserve puymrms may no longer t�rcyuired,at the option of Lender,if mongage insurance
<br /> - coverage(in the amount and for the pericxt that Lender reyuirL.)pro�•ided by un imuR r•rppro��ed by Lendrr again becomey ' • , .
<br /> �+�t� � available and is obtained.$orrou•er�hali pay the pnmium.reyuimd to maintain monFagr imuranrr in effect.or to provide a
<br /> '"�•�•t�� • loss reserve,until the reyuirement Cur mortgage in�uranc�enJ�in arroniancc w•ith any ��ritten agmement betw•een Bormwer
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<br /> ��r•,,, and I.ender or applicable law.
<br /> � , 9. 1na�tectlon. l,ender or it+agent ma}•rnat:e rea+onable entrie,ufxm anJ in+pctition+of the Propen�•. Lender tiha11 � '' ' �
<br /> give Borsawcz notice at�he timr of or�rior to:uT en.�rction�pecifying rta�onaMe rau+e fur the intipern.m. �
<br /> 10. Condemnation. 'ihe pri�c��.�+i.r u�am aW arb�u claim t��r d�magr�,dirert or con>eyu�ncia[.in rnnnection with any � �� ..�
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