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<br />- e�'����:<;�c� periods that I.cnder requises. 1�e iasurarace rairier pmvidirig the Ins�rarice sbali be c�osen�Bnma�rer su9j2ct ro t.en4a�b . ---
<br />- , .'�s=�'''�^ �spmv�l�vhid�shall not be unreasonably withl�eld. If Honv�vet fai�s ta maintain coverage describe�et�ove.L,endEr may.a� ----
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<br />- . . .. , .� �• � Leud�er�s op3ion.obtein wveisge to psotect Lertder's rights in�e Propc�jr in c�coordFUtoe witP�F�F��. _-----
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<br /> f.• �S.{" , '�'.:� All tnsuxarice licies aa4 ren�wats sha116e acce table to i+ender and sha11 include a stanclard mart � clanse. i.endet �
<br /> �{'.�-� "� XSw;�` � P �8e •. _ _
<br /> p . shailhave tIte r�gEt oo Qeld the polisies and renewats. E�Lender requims.Barrower shall FmmPUY�ive to Leridot all receipis Q _
<br /> .....`W'�E Y !.�'. �' '�.4-y C�J�S�l,e:- -
<br /> �+� 1,� ' . of paia psemiunms mW teaewal notices. 1n the evem of loss.8omawer shal!give prompt notise to the insuran�e c�rrier and , ��,�; �
<br /> • °,• > �' . Lender. Lendetmay make pro�f of loss if uaimazde Pmmpi�Y 6Y Botrower. • ` •:.�_ � � °`
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<br /> �' Unless Lender aad Bmrower otheruvise agiee ia writing:insurance proce+zds shal!be applied to mstotation or repfa�ir�Ao,f� ` , �' ��
<br /> � �;s_:__•'^ - � � . . . i A� � : Ua�'3,
<br /> .�:. ,.�-�':` ' ��F�Y�8�,if the restQrasioa o�r tegair is etwatomis�lly fc�'Me und Leu�er�s�cutity is aai[esset�l. l�iii6 �ni:I �'iA.` `Y f '
<br /> _ .. �:.,::.,t :;;;. , . r�estoraHon os regair is aot ecanomically feasible ar Lender's seciuity wonld he IessQned.the insuranse pr�oeeds s6a11 be r , -��„
<br /> <• ,.+;,:�;w,.;:..::`_ ., a p p l ied to the swns secwed b y thls Securi ry Insuumen t,wbetiler or rtoi then du e,with an y excess paid to Borro�ver. If ';;'_��;�`._.'�-°
<br />. �.�.'�::":- Bormwrs abandons the Property.or does not aaswer within 30 days a notice from Lender tiuit the��n�m�ce carrier has '..;�;��:,�.,,.
<br />=��'�, ., ;�_�; offered w seule a claim,then Lender may oolted the insurance procceds. Lender may use the proceeds W�epa�r or iesto:e � °�
<br /> `�.' -th�Property or ea pay sums secured by this Security Instr�ment,whether or not then due. 7'h�30-day period will begia when . ` � `,�,'..fi:.
<br /> , . ' • the nouce is given. . k • , ,
<br /> �r , `,i: Un(ess F_eader aad Boreo�ver otherwise agree in wrteiag.ang aPF�ication of pcnc�eeds w pliacipal shalt not extead or �� r -
<br /> � , :•j�;y possptiae the due date of the maaif�Ig paymenu referned ta in�a�agcaphs E a�cE 2 ar change tt�amnirat af the paynnents. �f ��b �� � :;tr � s;'
<br /> .f ;� �urcfer�aFagrapin 2I the Pto�ecty is acquire�by Le�ter�$osawer's clg�it Em auy r�tcs�vancc:�Iie[es 2u�prQ�eeds t�g x
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<br />_��• ��''�;�,_{.r;: ��';• . Lend�s s'�iniyrii�it�.�',�.iti►r�i�vi:fiinit�:�c.�ii3lau�a defauIt and ieinbt�t�:;l�ili�3K1l��L.�!��?!� h 18.by causing the�ction ;•: ;� ."`�•.s.'...
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<br /> �.:`; , �,�n,�i'•t=`, or p�nceeding ta Ge dts�hissi�i s��iits i*iliiig ili�i;in txc►der's good faitfi�t3�ipiri31�tiUi�ijj:l�ia:�;�foYFeitrue of We Borrowes's • ,'. , ;�''�'�_
<br /> r'`+�'`°� ' intecest in the Pno or oslier�iaterial im ent of the lien create��6 this S insuument or Lendeis secun Y�r�f �-
<br /> ,r�r�� . ' PertY Pairm S+ t�ss;ii�.' �ry y� ,
<br /> . interest Borrower shall alsa be in default �f Bomnwer, during the loan apptication pracess. gave materialiy fafse or ; ��'�° .
<br /> • : inaccurate information os statements to I.ender(ar fuiled to provide Lender with any material information3 in cannection with :`:r�,:;;,,;,,'°>';:.�;�_, ';y<'
<br /> `` � ttie loan evidenced by the lrtote, inclading. 6at not timited to,representauons conceming Bormwer's oc cy of the :" �" ;•'.;�5,:�:,�, . �
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<br /> - _,.�r� �;,•.:,,.; Pro�erty as a principal residence. Itthis Security[nstrument i�on a teasehoid,Borrower sha11 comply with ali t e provisions • _ •
<br /> ;t • _ of the lea.KC, if Borrower aayuires fee tit[c to the Property.the leasehatd and fhe fee title shnll not merge unless Lender a�rees '� -
<br /> :-,:�r �. . . to the rteerger in writing. . , • '�` ,�; S .
<br /> • ' � 7. Protection oP Lender's Rtghts in the Property. If Bnrrowcr faily to perform the covenants and agreements � ` �'` f�' '•
<br /> cantained in this Secarity Instrument.or there is u le�:+l procceding that may �igniticantly.�ffect l.enders rights in the � . :•�;�'� � �
<br /> .`" ' : " Propeny(such�+a proeeeding in bankruptcy.probate,for condem�tioa or forfeiture or to enfone laws or eegutations).then �� � .";�:; '
<br /> _ ___', :_ .._ _ ___ Lender may do und pay far whatever ic necexrary to protect the vstue af ttcr Property:uid Lender's•.rights in the Property. ' :.----.�:.:::,���
<br /> • • ' ' Lender�actions ma include a in an sunt�c xecured b a lien which hav riorit aver this Securit Instrument a earin ` • ;,,''�` .
<br /> , . 9 P Y S Y Y P Y 1� • PP S ' !',
<br /> ' ' � in coun,paying reasonable attomeys'tees and ent¢cing an tiie Prapert}E co malce repain.Although Lender may talce action --:��
<br /> ;` .: ..--.%%f' ;".`` under this paragraph 7.Lender does not have co daso. . • . n
<br /> �"�� ; '' Ar� amounGti disbursed b [xndNr under this ura ra h 7 sh:tll becomie additionai debt of Bornower secu�ed b this ;:. • � �
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<br /> . -;� Security Instru�sent. Un1v�+s 8orrower and Lend�r a�ree to other a�ms of payment,these amounts shull bear interest from the ,;,�_;;'.�,.;,�,�
<br /> ' datc of disburse�►ent at thc Note rate and shall be payabte,with intecest,upon rtoticc from Lender tn Borrower requesting �,, , , ' �' ';..��:
<br /> paymenG ; � �::����'`�`�'�;
<br /> ' � 8. llda Insu�ae�ce. If Lender re uimd mort�a�e inswance:is a condition.of makin the laan secored b this ' - . � ->'�-';::����i.
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<br /> •,..; .. Secudty Insnvmen�Borrawer shall pay the premiums ri:q�"m:�i to maintain the mottgage insurance in effect. If,fos any r;.'. "''•' : ! ";;'��='�T`
<br /> �%"'<;� . - ; reason, tht martgage in.tiurartre covernge required by (.er�der i:�x�,ar ceases to be in effect. Bonower shaq pay the 1• �`'f!sl�.�%,;;.•';°;'.;��i�r'�`�`
<br /> � ,,i.?�;�. . . :"��
<br /> • preminms•tequircd t�ubtain toverage substantialty equivalent c�;.�r�,ri.u;s^gage intiurance previousty in effect, at a cost �.���. •,, :�,; :•�'°�,t,,�ti ti,.,
<br /> � substanuall uivaient to the cast to Borrower of the mort a e ins:irsu:n �viousl in effect.from an altemate mort a e ,:' ' ,.�;��t
<br /> _ :s Y e4 S S i�'' Y S S •:�,r,;� �,;,ir-
<br /> ' : . . insurer approved by Lender. If substantially eyuivalent mortgage insuract,�e¢pvcr3ge is not availuble.Borrower shall pay to �,.•.,j��•t��:.`
<br /> ;�;,._, Lender each month a sum equal a�ane-twelfth of Ihe yearty mortgage intiurancc premium bein�paid by Borrower when ihe � '•;?s:,�'
<br /> °'�.';�;r+i:;". �• , insurance covera e la sed or�;ea.sad:to be in eftect. Lender will acce t,use and retuin these a-ments as u loss rc�erve in lieu '•`ka�". � ''"
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<br /> . � •:,,..;.; of raortgage insurance. Loss¢es:rce payment�.may no 9onger 6e reyuired,at the npuon of Lender,if mortgage insurance , '
<br /> ., ..'�r°'�'�`' : , `' coverage(in the amount and far the periad thatl.ender rcyuires)provided by an in�umr appmved by Lender again becames .. ,�;�;,;,;•,
<br /> � • available and is o6tained.Burrawer shull pay the premiums myuired ta maintain mortgage insurance in effect.or to provide a ' ';r'•
<br /> . � `'��' .' ' � , � loss reserve.until the requirement for mortgage insumnce end!.in acrc�rdunce with any written agrcement 6etween Barro�ver . . ���'
<br /> ' ' � and Lender or applicable law. ,�•�„� ".
<br /> ' � 9. Inspettlon. Lcndcr ar it;agcnt may makc reasan�blu emrirti upon�nd insperd��ns of the Ptopetty. Lendpr shall '![r�;'�'�
<br /> �.4'.:
<br /> . r' � givv Botrower notir,�at the time oi or prior to an in+pection�perifying masons�blt�cause for the in+pectian. !'
<br /> ' , ,, 10: Condemnattan. Thc prnrcedti of any award or ciaim fur dsuns�gc�,dlr�ct or consequendal.in connectinn with:ury �
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