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<br /> - ""°-=�"��'� �rcrtuda thc�t L.cndcr rcyuin.a. 'i`ho insuramo cunicr pruvidir�g tGv Insu�rnnco ht�all ts�cN�sscn by liorruwcr r,ubjcct to l.cnderk
<br /> --'.,:i`"m=���`� nppra�val wt�teh el�ail nut ha unrcnsunc►bfy withltcid. If I���rruwcr fnlls ea m�dnt�d��cuvem�;o cler,cr)t�cd Qhave.I.c�idcr mt�y�nt
<br /> �T�+,,�*�� I.,enderl►aptl�m�nbmtn enver,►gu to�1ri�tect I.ender�,rl�htx in�ho Nm�cny In ncrnrdnnc�with pAmQmph 7.
<br /> �Z_::a,��.�,^s,f;sar'�� � All lnsurn�no pollctcs and rcnownlA fihall hc«cc�ptablo tti I,enQer imd ehall inelucfo a et�mdnrrJ mart�age claur;e. l.ender
<br /> . shnll huvo tho�isht to hnid thn pc�IlcleR i�nQ ren�wnla, If i,ender requiros,Eornrwar f+holl pramptly Bive to l.ender nQ receipt�
<br /> af pntd pmmiuma und renewnl riatices. 1�the ev4nt��f loan,�ormwer ehall giva pmmpt natico ta tho insuranco cnnier und —
<br /> -� �:;..;�; .:+� . Lendor. Lertder mny mako proof o€lusA if not mndu promptty iry Bortower. �
<br /> ��`t' - Unlei+e Lender and Borrower otherwir�;Agree in writinB,insurancc proceeds shall be ap�Iled to restoration ar repalr of =-- ___
<br /> ' � tho Ptaperty dumaged. !f the restomtion or mpuir ia ecanamically feasibte und Lcnder's secudty is not tes�ened. If the ° � `
<br /> "��;�� .. v��:•-�� restorndon or repair is not economicnliy fes�ible or I.enderk secu�ity would be lessened.the Insurance praceeds shuli be --- ___
<br /> applied to thc sums secured by thts Security Insuument, whether or not ttvin due,with ctny exceas paid to Borrower. If ��_� ^
<br /> '. .. Borrower ubundons the Property,or dces not nnswer within 30 duys a notice from Lender that ilte insurance carrier has
<br /> offered to settle n claim,then Lender may collect the insurnnce proceeda. Lenc'Rr muy use the proceeds to oeepair or c�estore �e=�:.�:•-----�--
<br /> the P[operty or to puy sums secured by this Securlty Instrument.whether or not then due. The 30•dAy period wlll begln when �;i�a:��,:_w==.:=
<br /> ' . the notice is gtven. ��,?':��,,,;,�;t�---_
<br /> � Un[ess I.ender und Borrower otherwise ngrec in wdting.any applicatlon of proceedx to principal shall not extend or �1""-='``"`��'�` -
<br /> �-�;:�;:__---
<br /> post�ne tihe due date af the manthly payments referred to in pnragraphs 1 and 2 or change the nrt�ount of the puyments. If �:,�_�s,_
<br /> urtder para�ragh 21 the Property is acquired by I.ender,Borrower�d�ht to any insurance policies and prceeeds resulting
<br /> i�—
<br /> fronn damage to the PropeRy prior to the acyuisition shall pass to Lender to the exeent of Rhe sums secured by this 5ecucity �,,,�;;='��.,
<br /> Instrument immediately prior to the acquisition. �'°'=--
<br /> 6. �zc�npancy, Preservation, Ndain3enartce and Protection of the PcopPrty; Boprovver's Lonm Ap�lira�Ioae; '� "�'�*'�`�� T
<br /> , Q.easRholds. Bortower shall ocwpy.establish,and use the Prope�ty as Borrower+s principal residence within sixty days after , �.'���:.�.�_
<br /> � the execution of this Secarity Instnement and shall continue to occnpy the Property as Borrower�s principa!residence for at �-: -'.�� ___
<br /> least one year aflter the date of occupancy, unless Lender othenvise agcees in wriring, which consent shall not be � "' _�
<br /> unreasonably withheld,or unless extenuating circumstances exist which are beyond Barrower!s control. aorrower shall not ;,,.�.:_ `�:�=_ __
<br /> destro ,d�ar, e or im air the Pro rt �4Zow the Pro to detereorace,or commit waste on the Pro rt . Borrower shall , ,�"''`::�;T��� .
<br /> Y �R P P� Y, P e tt Y P e Y ,.. „l r=_;;s'��;:�?,:'-
<br /> be in defaeel'c if any forfeiture action or proceeding,whether civil or crnminaI,is be�un that in Lender's gaod faith judgmenc j'' .i,�'•";,;;;;';;:;�,��
<br /> ..;;,,:�� � could result in forfeiture of the Property or athenvase materially impair the lien created by this Security Instrument or •��h•�}�'�x'1?`==-
<br /> ����• ' �_ .. LendePs security interest. Sorrower may cure surC�e�.dri�ult and reinctate,as pro�-irled in pArugraph 18,by causing the uction l"``rj�""�`.��;;w�._�_
<br /> �:� nc-����rre.�:sr,
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<br /> ��j.1' � or proceeding to be dismissed with a ruling that,in�.ena:r�s good faith determinaiion,precludes forfeiture of the Borrower's �'`��•.��`�.�`-°�"8`��-
<br /> . ' interest in the Property or other matenial impairmen¢ of the lien created by this Security Instrument or Lender�s security h;�����,�:.'`+��•��:�,�_-
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<br /> � interes[. I�ererower shall aiso be in default if �orrawer, during the loan application process, gave materially false or •.�;;c>,'J•�l�j;lf;f!'� -
<br /> �� . •' .. inaccurate n.^:';osmation or statements to Lender(or fa9led to provide Lender with any materia!information)in connection with 's�,::';'`�'�''� �{��
<br /> ,}..,.�..,.,,,� a .
<br /> ehte loan evidenced by the Note, including, but aot limi¢ed to, representaeions concerning Borrower's occup<�ncy of the ;;�..:•�t,;�',:;;::��t�
<br /> •.':�. ,,;;.�i:,. .
<br /> ,., ., ,
<br /> Property as a principal residence. If this Security Instrt�ment is on u leasehold,�arrower shall comply with a�t ohe�rovisions y�4��t, .. ?- ,'
<br /> ._ ___� . . __ .�.
<br /> •. .
<br /> .. --= v i 2 2d.id. OiiJK%2i dGtjiiii25 ZZ iiI Z IO �' 14}nSt).ItIG 1GiI1Ctt111fD 111IU tORC iVC i6i14'•Jl�il �tU(II1CIb'C UI�IC,.I 1..CIIUC1"tlb'(CC1 �y�,��. . -�;
<br /> ' .<<:�.�r•• to the merger in writing. �` � • '';;< �
<br /> • "'�'�'�'•?;' 7. I'rotection of I.ender's Rights in the Property. If Borro�w•er fails ta� perfor� ¢he evvenants and agreements
<br /> ' ' �: contained in this Security Instrument, or there is u legal proceeding that may signetTcantiy atE'ect Lender's rights in the �
<br /> . PropeRy(such as u proceeding in bankruptcy.probate,for condemnation or forfeiture ur to enforee laws or regulations).then
<br /> �. Lender may do and pay for whatever is necessary ta protect the vafue of the Property und Lender's rights in the Property.
<br /> � . • L.ender's actions may include paying uny sums.ecured by u lien which has priority over this Securiry Instrument,appearing .° �"
<br /> in court,paying reasonable attorneys'fee�and entering on the Property ro m:ilce repxin.Al�hou�h Lender may take uction . .,��
<br /> under this paragraph 7.Lender docs not have to do tio. '
<br /> Any amounts dis6ursed by Lender undcr[hi�p:tragraph � �hall txxomr udJitional debt of Borrower secured by this . ��, 4
<br /> Security Instrument. Unless Borrower und Lender u�rcr to other temn of payment,thcu amounts tihall beur interest from the •� � ' �
<br /> date oF disbunement at the Note ratc und+hall Ix pa�•able,with interi st,upon notice from Lender to Bomower reyuestin� :,k. ,.�;_
<br /> payment. y>� .ax
<br /> 8. Mortgage Insurance. If Lender myuirLd mortgage in�unmce ax a condition of making ihe loan secured by this 'P'� _a�,�Y--�_
<br /> � Securiry Instcument.Borrower xhall pay the prcmium.rcquireJ to muintuin the mongugc inwrunce in effect. If, for:u�y �.�:°.p.�. �
<br /> reawn, the mongage insurance rovcrnge rcyuircd hy Lrnder lap.c� or reau� to tx in effect, Borrower shull pay the ,, ��. � • , -
<br /> premiums myuired to obtain coverage tiub�tuntially cyui�•alent to thr mortgsge imurance pnvioutily in effect, at a rost �.
<br /> substantially eyuivalent to the cost to Borm�vrr of thr mortgage in.uranre previuusly in effect,from an ultem.�te mortgage ,. • � �
<br /> insurer approved by Lender. If subtitantially cyuivalrnt mongage inwrunce roveragc is nat available,Borrower�hall pay to .
<br /> Lender earh month a sum eyual to one-twelfth of thr yrxrl}•mortgage imurancr prrmium heing paid by Barrower when the . =
<br /> inwrance roverage lapsed or cea�ed to he in cffrct. Lender��•ill accept,u�e und retain thc�e payment.as a loti,re�erve in lieu • �
<br /> , af mortgagc inxurance. Lox�re�erve payment�may no Ionger he n�yuircJ, at the option of Lcnder,if mortg:�ge insurance
<br /> . coverage(in the:�mount anJ for the pesiod that Lendrr reyuir�.)pruvidrd by an in.urcr approved tiy Lender aFuin brromex
<br /> '•`�� � available and ix obtained.Borrower�hall pay the premiumti reyuirrJ to maintuin murtgaLe in�urance in effect,or to provide a
<br /> ��`„ ' loss rc�en•e,until the requirement for me�rtgage in.ur.imr end. in arcurdanrr ��ilh uny a�ritten agrermrnt betwcen Bonower � ,
<br /> ' and Lende�or applirable law.
<br /> 9. Inspection. Lender ur iu agent ma�•mukr rea+onable rntric.u�xm and in+Exctiun.uf the Pro�n�•, l.ender�hall �
<br /> gi.•e Borrow•er notice at the time of e�r prior tu an inspec[iun.�xrifying reaum:►blr c:�u.r for the im}x�ctiun.
<br /> . 10. Condemnatian. The pr�xeeJ�uf am•auard ur claim ti�r e�amage,.direct ur cun,cyucnlial.in ronnection�vith any � ;�
<br /> � .
<br /> timglc f-.umt�..Funnie�tae/}'rrddir�1uc l�IFOR�t I\Sl'NI�1E�'1'- t nd��m�<'mrn�nl. 9 90 ilr,�tr?„/n p,i„�,� �:,
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<br /> T�.tt�LTGdI INli��wt09347. FAIbItiNI-II3I �
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