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<br />_.�-� ---� : .�` . '..:Pe��s that L;e�►der tequtr�s. T7ze.ins�amnce camez paaviding tite Ussefi�ee sh�tt I�e ci�ossn by��,m�finn tat�.�ende�S�.' ---
<br />_°,:' , o!r��a�ir�shali ao�be w�se$sptiab3yf witAheid. Lf,$.ormx�r��its ta maint�in ca�eragc des�ribed��sbv�i.�utay,'�s --
<br /> - - . �i'�u�o�A6t�in covepag�tagTatert I.�uderb dg�in tt�g P¢o�rty in�accordance whh pa�grap#�7. . -
<br /> _ - --- � A�i�tinqaaz pa�tieics�nd renewala shalt be t�tabie w YrEadar a�d shall inslude a standard ma�t�agi eT�iuse..Lender
<br /> - - � sI�I�t�a��lie iigHt tb 6oid#Ese parlici�s an�tenecvt�fs�. If Cendxr r�qui�s,�orrower shaii pm�pYty give to Lea�tgs uU�+eoeigts
<br />_ � df�a�d psemican�s�nd reaewal a�odces. In tha event af loss,Bmsmver st�all give prom�t ausice to tha insarance casrt�r an8
<br />`i .. ,4 d t. �.etcder. Lend�may mai�e pioof of Ioss if noi made P�mP�Y b��wer � . ' - _----
<br />_"_�� �Jntsss Lender snd Bomojv�p oth�rwise agree in wriEing, i�oceeds shall tre aQplied w c�staradon as r� . of
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<br /> , ,,�:.;�}.,.,,� . ���S�T;,� . �ie Pmperty damaged.if tf�iestoratian or nepair is�omic�liy fet+s� 2e azid-Ixnder's security is nat Iess�ae�.` If the -----------__---
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<br /> F�?�`�'t< �:�;:;';; resto�rian or cepair is aot ecant�mfcaliy feasi�ste ar Lettd�r's security rrovld be tessr,�ad,the insurance psoceeds.s6ail be ' — ---
<br /> `� "'�t'�=�=�' ' hed tu tt� sums secured this 3ecuri lnstrwnen�vrhether or aot then dae.with an excess d to�orro�ifer. If - - --
<br /> 3 i-�'�e' ' $PD �Y �Y Y l� •
<br /> x ,r��:': Borcower a6andons We F4rcrpeny,or does not aaswer wit8sin 30 days a aotice from Lender that the inswaaoe came=has _
<br /> - '�;-�-�,; offered co seute a cl�am.then Lender may wllect the ins�uce px+ooeed.s. Lender may ase the piuoaeds to cepair or restore
<br /> }a�'�, tYze Ptm,getsy or m pay swns ses�d bg�tkis Security Insuumen�whei6er or aot t6ea due. �e 34day periatl wi�I begn zvhen —
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<br /> - .�;�� �-r,�; the icaa��s e�.
<br />- �-��•;»€ Ua�ss Lender and Bo3rower.otEseenvise agcee in writiag,any..appli�sition of pmceeds.w gri�cipal shall�aot exteud or.
<br /> ' • - .�"'��'�~•"`'';' ne the due date of ---
<br /> • gostpQ the monthly payments cefemed to in parag�1 a�r!2 or c6ange the amouat of the pay�uea�. tf.
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<br /> -_t., :;4,:�.;_i`;� ..c;,r'�, u�der QazagTaph 21 the Propeny is acquurd by t.ender,Bomawer's right to aTty insurance policies aad p�s resniting ---
<br />- r -' . ��r;..���;s::=�u�' frams damage t�the Pm,�erty prior to the acquisicua shal�gass ta Lender to the e.etent of d�e smas secured 6y this Sec�iry.
<br /> s"�`--��-�°-c::•�=�, • Ia�c�,�m�xmmediatefy prior rotheacquisiuon.:
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<br /> ��,;:-;.,,;;: _<:.�}� fx:, f.�ceupancs',.Preservation, Mains�e an��ProL�tin� of the Prapert9; �t+¢rower's Laan Appli�uti�a;
<br /> � y}.,.; . 8.euset�"ds. Borrower shall occupy.establistr,anrt,nse the Ptoperty as Bormvrrer's piincipal rzs'sdence witbin sixty days afc�r. _ ------
<br /> - -.. s�!�';:., ::• • t�ae exe�ion nf this Secuti�y Instniment and shuU��ontinae to occupY the.Pr�rrty as Bomnwer�s pr�ttcipai resideace fot at ----___
<br />--- --_->;<::,���y teasE one�year after t�e date o£,occupancy;untess LEnder orheiaise m writin which consent shall nat be - --`- _� --
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<br /> = �"�`!�,.., .._.L----:.-: _w�ceasonably wit�hetd;or untess-extersuatia�circ�nstances e.eist which aie--- nd_Boncowgsk eontml.._Bomnwer.sfit��i9;t.,<,i��F";'�':�`'
<br /> � ' ' ' 's;;'' desma�aina—oi'im tfie-Pno-- �a1Tow ihe Pro �to cCat�unrate,or co�'m-mit waste o�s � Borrowea shnit r
<br /> f, Y.. S� � I��Y� PenY� the#Properc3+•
<br /> E ",_.F-:;. '. :ty.; beimdrifaii�k�ifanyforfeitureacticrr,q�Aroce�ir�g.whetheccixil.�pr�riminal,isbeguDtlmtSn:E��der�sgaodfaitA�ud�sr�l.t` . =-___ .- -
<br /> -. .`,.'::":;`. '',�; cautd fr�uWiin forfeitute of the Pc�op�erty or othe�tise mate�L�Jl.y°impair the lien cmatec!6y,•this Security InsduinepG�:ti��:� . ' --
<br /> : .�� �F ,�' , � ';:> Lg�ders:szciuity interest. Botrower may cure su�f�i�c�i���e,�ault and i�inst�te;as provided in paragiapb 18.by causing the:�ction • _ =
<br /> `� �? ,,-� .. • .. . or.proe�eding to be dismissed with a rul'sng tbmm'�k?:!�er3 gaadEfiaitt4 determ,.ittation,precludes forfeitute of th�8dmuwer's � - _
<br /> �• ` �, •:;: . .'. int�iestin ihe Fioperty or other material irit�ii-3'�:"'i6f tti� jiiit's��cre,�ted•by tIi'ss Security Instnirrienf or 4:ender�s security _. _. - ��`-
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<br />- '� `;�;:?�';f `, , inte�st. Borrower shall also 6e ia,�def�i��'B��c�wer, ���sg:•the Ioan apglicatian pmcess, gave materially,fafs:,or �-----
<br /> �.� •;��;` ' ,,�, �; ;��-,` inacauate information or statements w�Lisc�q�l,tir fajled to provede i.ender with�any material infom�ation)in oonnection witH °�
<br /> `'` �•+ , „`:<`� , . the toan eviden c e d 6 the Note. inctud'u: r,t:.limited to. '4.r. -
<br /> Yc,�, , y �;�tiit�;`�` repres�nrAtians canceming Bonower's occupancy of the
<br /> F'�'`•if.t-:'r'� :"t,f{;".'•','i - - P�Y P P tY��fivinent is ore a teASehntdi��atrower shall comply�with all the prnvisions ' .
<br />_ ,� ., �•t�.<<< . `• �Pro as a rinci al.tesidence. If this Securi
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<br /> ;: "r •-� -��•�^F. .""" of the fease. If Borrower acquires fec tiQe to the Pinperty,the lea�seho2d and Ute�fee title shall not merge anless Lender ag�ees �
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<br /> jt:�•�.''�;•,:'':,,.;%;�,t�. ••; � tothstt�►gerinwriting. . �n{,:�''�'�';�'
<br /> �`�+�".S�Ln;:%''�;��`�t�+a�:� T.• .A�rotc�tion of Y.ender's�igkts in We Property; i�Hairower fails to pgrform ci�covenanu and a meiz��. '�•��-r::;v
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<br />-_ . t,�y,;:r,.,'.,,..��q�,��:• contained��in this Security I�strumeril,;6c there is a[egal�pr�i"�thaz may signifcantlg'a.ffect Ixnder's righis in��; �.;;�r.<.,.f.,�
<br /> �,'• �'r' ,. � ,�;�:� Pmperty(such as a proceeding in bankfiiptcy,probate.for con�-�.�:c�r,2ion or fotfeiture or to enf'mce taws or regWations),theii� `�';,`.':�hu4
<br /> i,r fy� ,,., . , :.•� i,ender may do and pay for wliatever is necessary:ta piotect the va]u�of t1tA Property and Lender�rights in the Property.
<br /> ��- ' [.ender's acuans may include paying any sums secured by a lien which hati priority over this Securiry Instrumen�appearing
<br />-- ' : . _ �, � � in coutt.paying reasonable attomeys'fees and entering on the Pc+operty to make repairs.Although Lender may take attion• ,:u.,,,
<br /> _. under this p�ragrnph 7,Lender dces not bave to do so. ' • ��> •
<br /> '-�� ' - My umaunts dssbursed by Lend;r under this paragrapfn;7 sF.,,�51.become additional debz of Botrower secured by r�;��• . , •% �v
<br /> Security Ins�trument. Unless Borrower and Lender agree to oth.r t�itns of payment.these amounts shall beac inter+est fmm� =
<br /> " . - • date of disbursement at the Note rate and shall be payable,with interen.upon nutice from Lender to Barrowet requesting , � '� �-=
<br /> ,r. payment. . . . ��..:'�__�__-•�--
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<br /> -:� ' 8. M e Insuranc� if I,ender re uired mon e insurance a�a conditian of makio the toan secured b this '��_
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<br /> Security Instrumen� Borrower shallipay the premiums reywned to maintain the mongage insurance in effec� .If,for�� . . ;';°�:"—-_:
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<br /> :�" rea.con, the mortgage insurance caverar,e �equired by l.ender lapses or ceases to be in effect, Borrower shall pay t�� ' . �';��r • :,'.Y -.
<br /> . .� , . ,. premiums required to obtaia coverage substantial[y eyuivalent to the mortgage insurance previously in effect,at a csost � ' '� `s� • .` �`
<br /> ,.. : substarttially equivatent to the wst to Bnrrower of the mortgage insurance previously in effect.from an altemate mortgage '. �. � �,';`,��.:'''�'
<br /> . insumr approved by Lender. If substantially equi�•at_�t mortgage in+arsnce coverage ic nat availabte.Borrower shall pay to :+�r..�,
<br /> � • Lender each manth a sam equal ta one-twelfth of t:^:yearly mr��.eage insutance premium being paid by Borrower wh+:n vfte � � - �.��'.': :r
<br /> = ; • ' : insurance caverage lapsed or ceased c�!r in effect. L,ender wi'i�a:rpt.usr and retain these paym.nts as a loss reserv�i�v ji��.+s ' '��'�����:;�;. ':�''�
<br />_ � `. • of mort a e insurance. Lo.ss rese�:,�a ments m:►� no!on er�rc uimd.at the o tion of Lender,if mort a e insurar_r:r. - �- ��{''� '-'°"` '�`
<br /> ,:. � � 8 S "� Y ! € �l P $ U '��a'�t .
<br /> coverage(in the am�nra and for'thr�riod that Lecder re mres) rovidcd b dn inrurer a roved b Lender a ain becott�es '?°�'�,
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<br /> '�;�f;�.;�,'`� �'� • availa6le and is obtaina�:�nrrawi,�s�haD pay t6e premiums required to maintain mu�ga�.e intiurance�n effect,or to pmvide a . ,
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<br /> ` ;^;�t};,,{'� ;;°• :;.,';,,� , lacs reserve,until the rt�wa}uemec.s fiu�.murtgage insurance ends in acconlance with any w�ritten agreement hetween Borro�ver ' � •'� . . �
<br /> �t:.,.,,� . and lxnder or applicaai:�6ax. 4���. .
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<br /> •,::n;� 9. Ins�ectIon. Lender or c�;�::�.zmt may make reationab!e�:�.-ies upon and inspections of the Property. Rxnder sha11 ti,�`�?w�i�•._ ..
<br /> ' ��`"" '� give Borrower notice at the timeot�brprior to an inspection.pecifi.i;�g reawnabte cau�e for the inspection. �'� ��. .
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<br /> '�-- • 10: Condemny��rm. The.pracecds af any award or ci3im foc damages.direct or contieyuential,in connection with any � ' '
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