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<br /> -���,_�"' �erloda t1�nt Lende�r rec�uinen. Tiio insuranee carrier prvrviding the insurance ehnll be cho�.,rn by Do�rawae auU�cct eo i.endert�
<br />'�'�:c.�..x..:�.s.:�:.�� approvul wl�ich shall nnt f�e unreasonably wlthheld. If Dotrower fuit�to malntaln cavemp,r deacribed nhave.l.ender mny,ut °- -
<br /> °--•����� ' Lender'�optian,obtnin cavee�ga w�rotect L.ender�s tlghte In ti�e il�ttaperty In nccordnnca v�ltlt para.graph 7.
<br /> <<.:�. yr.:.._.:;p.....' --�—
<br /> ., All in�sutuncc policies and renewnls shnll be acceptable to�.�uder and shaU include a swndard mortgage clausa. L.ender _ __--___
<br /> -=--��'�:�'�`��_ ahall have the right w hotd the pollc[es and cenewuls. If Lendar �quires,Bortower shall pmmptly$ive to l.ender pll recelp�s ���
<br /> �-�'=�"""a�°'"�` � • of aid mmiums and tenewul nodces. In the event of loss,Borrower shall Ive rom t nouce to the insumnce carrler unc!
<br /> P P 8 P P N't� �w°�':_.�_ ==----
<br /> ., , � Lc�xlcr. L.cttdcr may mplcc pro�f of tass if not made pmmpily by Borrawcr. 1 _ _ __
<br /> ���•�� • Unless Lender and Borrower otherwise ngrec in writing,insurance pmceeda shall be applied to restoration or re�raie a� _
<br /> ��...c•. :!.1.'..�..'� __
<br /> • ¢Q►a Pr�pepty dnmaged, If the reswradon or repair is economically feasIble and Lenderb security ls not lessened. Af t0�e °==-°°=
<br /> �es¢ora�iom or mzpair is not econornically feasible or Lender's secudty would be lessened,the insucance oroceeds sV'a:i11�C�; ' -
<br /> ,�.;. _,_ -
<br /> nppliec�t�tk� suuttns secured by thes Secudty Inswment, whether or not then due. with any excess paId to Borrower. Ii' �^�i,��
<br /> x d 2s reot ae�awer within 30 da s a not�ce from Lender that the{rnsuramce carrier has ,�,�',=�=---.
<br /> Bormwer ab.�ndo�s tDna Froperty,a o y ._
<br /> � •• offered to setde u claim.then Len�¢r may c�llect�he Insurance proceeds. Lender may use the proceEds to ne('� or r�estore f�lif'°��v ----�---
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<br /> •,k;t�t••�� the Property ar to pay sums secureA by tfiis Setuu�iry Instrumcat,whcthcr or not then due. 71k�30-day period wnll lszgin when �-� -
<br /> '�''��'i�' the notice Is given. r�•-�,.,
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<br /> ::r';.;#1,��?�_)���;;. Unless i..ender ctnd Bo�rosver othenvise aguee in writing,any application of�roceeds to principal shalU not ext�nd or ��
<br /> ":'�s���',�;,$)t�� os ne the dwe date of the monthly Fayments eefetrEd to in paragrnphs 1 and 2 or change the amount mf th�pa�m►erets. If �`�'
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<br /> _ �� .,��`,��;� under�paragraph 21 tine Property is ucquired by Lender. Borrawer's right to any insurance palicies andl proceeds resulting f�.,;_.�,1_
<br /> :n ,,f�t��'+�' ;• from�amage to the Property priar to the ac�uisition �hall pass to Lender to the extent of the sums securcd by thns Security i`��i•., ----
<br /> �a•e;:;�:�:• .� Insuument Immediately priorto the ucquisiHon. ;�;., .:,.;;- -
<br /> ,"°_,' i}?+�', : Leasehold Bporr�ower sh�all occu��establ hnand u�e the Proi�ectioans Borrower's�nnc��al�resider�ce wlt�6in sixt�dacatafter ,.:�S.�;k>;-'�s;:�j-- --
<br /> . PY• PenY P P Y Y '�s>�.��;��' �
<br /> the execution of th;s Securiry Inspument wid shull continue to occupy the Property as Borrower�princ�ip�l residence for at ' ' �"`��
<br /> ° � least one ear After the date of accu anc uuless Lender otherwise a r es in writin , Wrhic6e con�.nt shall not be ,'�''�-"�"�� ''�'„`{`i"
<br /> Y P 3'. g ' 8 y+�rr�� ,. ;,'� m -
<br /> ,. „ t±;�. '�..' unreasonably withheld,or unless extenuating circumstances exist which a2e�tiund Borrawert�tenz�ol. a.�rdower shall not , ��j+��r�� ° �S„1y, :�
<br /> `�.y,, ,�'�r.f,:!r;.y�{.•:�; destroy,damage c►r iraapair the Properry,allow the Property to deteriornte,or co�nmi4 wtiSYc e�n zhe Property. Eorrower shall �,l.,,,, �i,;,. �3��,��
<br /> ° ..;r r;';:,�s;;�°Sr�� •. be in default if an forfeiture ade+ar or roceedin ,whether civil or crim9c►al,is be nu►t�,At in I.�nder's ood faith 'ud�ment �''r.13:,,'f��`�;�;s?';r ``-
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<br /> �x`";;:.,,;r°•,:;t. +,,�. could result in forfeiture of t6nr h'�roperty or nt6fenvise materinUy impaBa ihe lien creAZe�d by this Se�urity Inswmrm or ,;;�,,��.t.E,,,i�t,�h-
<br /> L s.�{�A f Lender�s security interest. Horrmwec may cure si�ch a default and reins¢ate,ax pro�•ided in g�nragraph 18,by cnusing the action ,�,���.�� L�1��`��r�
<br /> 1
<br /> , � , � or roceedin to kee dismissed with a rulin ¢lhat, en Lender's uad fainE�dcite:r.�:rnation, tetludes forfeituae of the�orr���er�s r <<l�"��'�� ` �
<br /> ,:� ,,r;�.�.t�<<.''•' P P $ P P 1�;i=.��c�4:?;�f���t?'t�>„�'_.
<br /> ,,r,,�,t.���,#1�: , � interesi in the F'ani�.�rry or oth¢r rrnate►�al iennp�ae»7ne�nII of the lier.crcateaE b} shis Secu�ncy Imswment or Lendes�seswity ,.t�.,���•��.����f�r,._
<br /> ,��; r 4 �y �� intere�t. Borcower s➢tall also 1ke an d�fawll¢ if Bore�ower, cicr�ng t➢�e loan a�ppLieACiors ,p•:�cess, gave cnaECrialf�yr fu5se ot }?F: r��,�'
<br /> ��'' r .
<br /> ,,�1�1r '" inaeeurate information or statemFnts to 1Lensi�c 1a�r faiCed to p:o�a�e Lender«�iaio any�utari;�! ::.form�tioml�►�o:�:ec�aae with � , �
<br /> �` ��%'r` ' ' ehe loan evidenced bv the Note. inclucling, bu3 not limited to, representatior�s conceminR Borrowee's accupancy of the ��
<br /> '�' ��'�'''``���- PropeRy as a princIpa�residence. If this Security Instrument is on a leasehold,Borrower shall comply woch al[the provisions ,q��
<br /> ' of the lease. If BorroWer ncquires fee tide to the�'ropeny,the leusehold and the fee title shall not merge tnnless l.cnder ugrees ' '" �4�
<br /> to the merger in writing. ' ' ���`J
<br /> 7. Protectfon of Lender's Rights in the Property. If Borrower fails to pedorm the covenants and agreernents �•�••^ .
<br /> • contained tn this Security Instrument, or therc is a legal proceeding that may significant(y nffect Lender's rights in the „� ' �'' •�
<br /> " ' Pro rt such as u roceedin in bankru tc robate,for condemnatian or forfeiture or to enforce laws or re ulations>,then '" "
<br /> .. ... Pe Y� P S P Y•P � ,�r.
<br /> Lender may do and pay for whatever is necessary to protect the vulue of ihe Praperty and Lender's rights in the Property. • ' ��.
<br /> ,,s� L en der's uc tions moy inc lu de pAying nny sums secure d by u lien w hic h has priori ty over t his Securi ty Ins w men t.a p p e a r i ng �. • � ��r .
<br /> in court,paying re�.sonnble uttomey.s'fees und entering on the Propeny to make rcpain. Although i.ender may take action �
<br /> � under this paragmph 7,Lender does not have to do so. �
<br /> Any atnounts disbuned by Lender under this paragraph 7 shall become additionut debt of Borrower secured by this • ,
<br /> , Security lnstrument. Un(ess Borrowcr and Lender agree to other tcrm�of puym�nt.the�e amounts shall bear interest from the ' ' • �
<br /> dnte of disbursement at the Note r�te and shull be papable,with interes[, upon notice from I.ertder to Borrower requesting .` � ''��
<br /> payment. __ ,�-���
<br /> � S. Mortga�e Insurance. If Lender requimd mortgage insurance as a condition of making the loan sexured by this o'�. .:�r�;.�;
<br /> ' Security Insuument,Borrower shall pay the premiums reyuired to maintain the mortgage insurance in effect. If,for any •
<br /> .�+^'",� reason, the mortgage insurance coverage requimd by Lender lapses or ceases to be in effect, Borrower shall pay the . ? .
<br /> `�'' � remiums uired to obtain covera e sub,tantiali e urvalent to the mon a e insurance reviousl in effect, at n cost `��'` '
<br /> P re9 8 Y 9 � S R P Y � .,•.:t.,r�. •
<br /> • substantially eguivalent to the cost to Borrower o(the mortgage insurance previously in effect,from an alternate mortgage •::�:f��
<br /> insurer a roved b Lender. If substantiaU ui��alent mort a e insurance covera e is not availabte,Borrower shall a to �`�"'��•• -
<br /> PP Y Y W � S S P Y ,��:�.:,s;,
<br /> Lender each month a sum equal to one-twelfth of the yearly mongage insurance premium being paid by Borrower when the .•.
<br /> insurance rnverage lapsed or ceased to be in effect. Lender w�ill accept,uye:uid retain these payments u a loss reserve in lieu �. � '`°�' " .� �
<br /> of mortgage insurance. Loss reserve payments may no longer be required,at the option of Lender,if mortgxge insurance
<br /> coverage(in the amount and for the period that[.ender reyuires)provided by an insurer approved by Lender again becomes
<br /> available and is obtained.Borrower shall pay the premiums required to maintain mortgage insurance in effect,or to provide a
<br /> loss reserve,until the reyuirement for mortgage insurance endti irt accordance with ai�y w•ritten agreement hetween Borrower
<br /> and L.ender or applicable la�v. �
<br /> 9. Inspection. Lender or its agent may make reasonable entrie�upon and inxpections of the Property. Lender tihall
<br /> give Borrower notice at the time of or prior to an inspection specifying reationable cau,e for the inspection. !!
<br /> 10. Coademnation. The proceeds of any auard or claim for darnagex.direct or con,eyuential,in connection with any �:
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