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<br /> � '`' � pedods Qhat l.ender requtre�. 'f'he inaurance cfurler provId�ng the insumnce shall be chosen by$orrower�ubject to LenderS
<br /> �� , '� npprovnl which shall not be unreasonabty withheld. if Borrawer fufls to m�Intnin covemge d�escdbed nbnve.Lendee may.ut �__ _
<br /> � •� LenderS�option.obwin coverage to protect Lender'a dgi�ta in the Property in accordance wEth paragmph 7. - —
<br /> ", : .,,, ,, All insuranre pulfcies and rertewals ahatl be acceptabte to Lerder und shall lnclude a stundurd,mortgu�e clause. Lender ___ ____
<br /> . shnit have tho dght to hold thcs policles and renswal». If Lender requires,Borrower shall promptly give to l.ender up recelpts
<br /> � of paid premiums and renewnl�atices. In the event of losa,Borrower shall give prompt notIce to the insurance carriet und � __ �
<br /> Lertdea I.cnder rt�uy make proof of loss if rtot made promptly by Bornower. _
<br /> ' Unless l.ender and Horrower atherwise agee in writ�ng,insurance pra:eeds sh�ll be applied to r�sturaHon or r�epnir of
<br /> the Prnperty damnged, if the restorotion or repa3r is economtcnlly feAStble and Lender�s securlty is not lessened. If the =_=----
<br /> restorntion or repair is not economically feasible or I.ender� security wauld be lesserted.the insurartce proceeds shuli be `-=---v
<br /> applIed to the sums secured by ti�is Securiry Instrum:nt. whether or not then due.witb any excesa paid to Borrower. If = �
<br /> ' Borrower ubandons the Properry. or does not answe� aithin 30 days u notice from Lender that the insursince carrier hns C.�;r°��'��'=--
<br /> offered to settle a claim.then Lender mny coliect the insurance proceeds. Lender may use the pro�eeds ta rcpair ar mstore ��:''-=---
<br /> the Property or to pay sums secured by this Security Insuument,whethe�or not then due. The 30�dsty p¢dad will begin v�hen �„��.,�:__
<br /> ° the notIce js iven. ��:,=:=_-- _-----
<br /> g �':--
<br /> Unless Lertdor und 9orrower otherwise agree in writing,nny applicauon of prcueeds to principal shall not extend or {v..:�:�-- --
<br /> postpone the due dste of the monthly payment4 referred to in paragraphs 1 and 2 or change the amount of the payinents. If � -- - -`
<br /> �s��:�:---------
<br /> under paragraph 21 the Ruperty is acquired by Lender,Borrower's right to suiy insurance policies and proceeds resuldng F-,� _
<br /> • from dnmage to the Property prior ro the acquisition shall pass to Lender ta the extent of the sums secured by this Security '`�.�r s�;.___ _
<br /> Instntment immediately prior to the acquisition. ::k„N;a__--
<br /> „ 6. Oscupartcy, Preservation, Maintenanee and Protection oP the Property; Borrower's I.oan Applicatioce; ,���;Y�
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<br /> � Leaseholds. Borrower shall occupy,establish,and use the Praperty as Borrower s principal residence within sixty days after w;_ _
<br /> the execution of tt�is Security Insuument and shall condnue to occupy the Property as Borrower's principal r�sidence for at � `�-"`n�'_--
<br /> � • ° leaat one year after the date of occupancy, untess I.ender athenvise agrees in writ9ng, which consent shall not 1�e °-__- __ � -
<br /> • �enn:asonably withheld,or unless extenuating circumstances exist which are beyond Borrower�s control. Borrower shall not r-"=-,,;,--_=w.
<br /> ,�=g'- °
<br /> ` destroy,damagc or impair the PEaperty,allow the Property to deteriorate.or commit waste on the Ptoperty. Borrower slmll , , :�•�__
<br /> be in default if an forfeiture action or raceedin ,whether civil ar criminal,is begun thai in Lender�s good faith judgment „ '•�'�" ''�►;�
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<br /> „ �,, could result in forfeiture of the Property or otherwise materially impair the lien created by this Security Inswment or n
<br /> Lender�security interest. Borrower may cure such a default and reinstate,as provided in paragraph I8,by causing the action ' „"`�"�""5
<br /> or proceeding to be dismissed with a ruling that,in Lender's gaod faith determinatian,precludes forfeiture of the Borcower's . _,��,�
<br /> interest in the Property or other material impairtnent of the lien created by this Security Instrument or Lender�s security
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