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<br /> _ __ , perlods the�t C,ender requin9. The lnsurnnca cen[cr psuviding tho insuran�e nheU be choven by 8onewer aub�nct t�Lxnder� •.,,
<br /> ; appsovai wldnh ehal!no!ba ttonasanably withheld. If goimwor f�tl.�c to melnt�in covenga de�c:ril�ed kbcrva,L.zn�r rn�y.��
<br /> — - Lxndcrls uptlon,ntHdn coverage to pratoct Lender'a righsn in the�ropeicy in accnrd�nce with pua�r�pri?.
<br /> All lnearu�ce pollcles and rcnew�ls ehAl!bo accept�bte tn l.etxk�altd qhxtl inr.lu�a«atandat+d mortga�a clapt�. Lender
<br /> Rhall htva tt�r{ght to hold the pollcles and nnew�ls. If I.ender requirea,Botmwer Rhall promptly�ive to l,�e�Hkr ail cc�ecceipls
<br /> of p�id pnmiums wid�+encwai notiece. ln she eveat of loss,Borrower ehdl givo p�otnpt notke to the ln�urana curi��rd •
<br /> Lender. Lenck;r mey malce praof of loss if not mado{m�mptiy by Barower.
<br /> . --�---_._-�--_-� UnIess Lcnder and Sarro��cr oihenvisc u�2 it►��nldss�.i�isuranca praccedc shn116a appli;d ta m.�ar..tlon or rcp�fr af
<br /> tho Property dunaged if the rcstorat�on or repair is economically faslble and I.ender� secudry ie not Iaaened. If tho ,
<br /> restoratlon or repair is not economtcally feasible or Lendeah xecur3ty would bo Icssened,the insnr�esce Pnoceais shaU be
<br />-':.e _ upplied to the suma secured by thlR Sectuicy Jnsuument,whether or not then due. wlth ony axcess Raid to Bo�mwer. If
<br />==- Burrower u6andons the Property.or daes not ansaer within 3U days a notice fmm I.ender that the insura�ce cerrIer h�s
<br />��l offered to seule a claim.then Lender may coUect the insurAnee proceeda. Lender may use thn pmceeds to re�air or resiare
<br /> --�-- — — the Propeny or to pay sums secuc+ed by this Securlty Iaswment,whether or aat then due. The 30-duy period w�ll begfn when �
<br /> =- thc nottco ie givcn.
<br /> Uniess Lxnder and Borrower othetwIse a�+ee in writing,any application of procexds to principal shaU not extend or
<br /> +� postpona the dua date of the moathly payments refemed W in paragraphs 1 and 2 or chnng�the amount af the puyments. If
<br /> � '� under paragraph 21 tAe Propeityr is acqutred by Lender,Bomower!s right to any insuran�e policies and proceeds resulting �
<br /> ��� fcom damuEe to the Property prIor ta�the acqulsition shall pass to Lender to the extent of.the sums secusr�by this Secudry
<br /> _���� Instrumaat immetiiately prlor W th�uc9uisition. ` ,�:. . .
<br /> a�, Q �Orcapaac�, 1Pe�eserv�t�ni1, •Mainteaan�oe and ArotecUon of t6v Pxoperty;.Bprrower's`t1�q Appilcation;
<br /> �� Leaget+olda. ,Brnsower shall ao�upy;,e;stablish,�nd�use thP,F�toperty as:�ar�+n�YCS's piincipal�residoncB��e�h3�a sixty.days afte�' �'•�� . ..
<br />;:;,,;;,�^�;;:— �he eMecution'�af�his Seourity'Ihsaument and shali cQatinuc to occupy ihe Ptopert�r as BorrowBrh princlpGi.residenc�•�'or•uf. '. . ���
<br />,r:,.' i: least one.year�a#ter th'e date qf occupacecy,.unloss l..ender oth�rwise agreea m wridng, which�,4'ansept shalf aat•,i�
<br />� •��` u�reasanAbl,$wlthhald,.or unless eatenuaiing ciicumster�ces extst which are beybnd Borrower�s contml.�.Horrower ah�ll not
<br /> `" '��i'� destroy.damage or lmpnit the Property�allow the Properiy w detedorato,or commit waste on the Property. Borrower shall
<br /> • be in default if any forFeIture actIon or praceeciing,whether clvil or criminal,is begun that in Lender's goad fait6 judgment
<br /> could result in forfatwre of the Praperty or otherwise matedally impatir the licn created by this Sectuiry Instrurttent or
<br /> Lender's securlty intorest. Horrower may cure such a default and refnstate.as pmvided in paragraph t8.by causing the ucUon
<br /> or proceedins to be dismissed with u rulIng that,in Lenderls good falth determinadon.precludes forfeituro af tho BomowcrS
<br /> i�terest in the Property or other materIal impairment of the lien created by this Security Instrument or Lender's securlty
<br /> i�terest. Dorrower shall also be in default !f Borrower. dudng tho loun vpplicntlon process, gave muterIuQy false or
<br />= inaccurato informatIon or statemenw to Lender(or fuited to pmvlde Lender wlth uny material infarmation)in connectlon with
<br /> the lonr► evidenced by the Note, including. but not limited to. mpresentatians canceming Borrowerh occupnncy of the
<br /> - z . '_ � _ �+aperty n�u�,rincipni neKfde�cr. If lhiK C�c�l�I�y ltlst�m!'t2R le on u l�tt.s!�h41cl.&arrQwer shsll zQmply with a!1!he pms�sls:ns ,
<br /> . i,� . of the lenro. If Borrowcr ncyuires fce title ta Q�e Property,the Icar�chpld and the fcc titte Hhnli not mergo unless L.cndcr aIIrees
<br /> to thc merger in wdting.
<br /> • r 7. Pmtectloe ot I.cnder's Rigdts it� the Pro�rty. If Bornower fuils to perforn� the wvenunts and ngreements
<br /> contnined in thix 5ecurity Instrun�ent. or thom is u legal proceeding thut mny significantly nffect l.enderb �fghts in the
<br /> - ' 3f.'�'�; Property(such as c►proceedin�in 6anluvptcy,probnto.for cortdemnation or forfeiture or ta enforce laws or regulatlons),then
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<br /> ��:� �, r «�' l.ender may do und pay for whutever is necessary to protect the value of the Property nnd Lenderh rights in the Property.
<br />_ k c t �1�""f"''�"��°: Lender'n acttons may includo paying uny sums secui+ed by a lien which hus prioriry over this Secudty Inswment,appetuing
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<br /> - � '+ , � '*~ � In couR.pnyin�rausonablo nttomeys'fees and entering on the Pmperty ta make repuirs.Although L.ender muy teke actton
<br /> - '�•�''� �; ,',%'�. ,., under this paragrnph 7,Lender dces not have to da xo. ��
<br /> - � 4 Any smounts dtsbursed by Lender under this parngraph 7 shali became Additional debt of Botrowep secured by this rQ..�-
<br /> ;' y �,�h``� , Security InstrumenG Unless Borruwer and Lxnder agree to other tenns of puyment,these umounts shall bear interest from the ---
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<br /> ;�� •,�;;�;,;,•;�N� dnte of disbuisement at the Note rnte und shall be payable. with interest,upon notice From Lender ro Borrower requesting �--
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<br /> �'�` ' F. ^ � & Mortgage Insuranee. If Lender requimd martga�e insurance as a condition of makjng the loan secured by this s_�'���
<br /> ��i?"��""""�`�"� SecurIty Instcument,Boirower shall pay the premiums required to muintuin the mortgage insurance in effect. If.for any E�:.''':
<br /> � :,{4Tr�py�.«..,2;,.,:.. �n. the mort a e insurance covera e r uired b Lender la ses or ceases to be in effect, Borrower shall a the
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<br /> t,�,.; - • �;�••�.='�� premiums requlred to abtaitt coverage substantit+lly equIvnlent ro the monga�e insurance previously in effect, ut n cost �����•.
<br /> `.��Y_,, ..,�:'•�;>,";�, '` substantially equivalant to the cost to Borrower of the mortguge insurunce previously in effect,from an altemate mort�u�e �';';'
<br /> •"�N� , : insurer approved by Lender. If substantialiy eyuivalent mortgage insurance coveruge is not uvuilable,Horrower shall pay to `-""
<br /> Lender each month a sum equal to orte-twelfth of the yeazty mortgnge insurunce premium being paid by Borrower when the -
<br /> � ' insurance coverage lapsed or ceased to be in effect. lxnder will uccept,use und retuin these payments as a loss reserve in lieu
<br /> � -•� ' of mortgage insurance. Loss rcserve payments may no longer be required,at the option of Lender,if mortgage insurance
<br /> • � � covernge(in the amount and fur the period thut Lender requims)provided by An insurer upproved by Lender again becomes
<br /> •,;= � „ uvailuble and Is obtained.Borrower shall pay the premiums rcquired to maintuin mortgage insurnnce in effect,or to provide u
<br /> ,=--. .. , loss reserve,until the requirement for mortgage insurnnce ends in uccordance with uny written agreement between Borrower .,
<br /> „ ;;;�;• •' � and Lender or upplicable luw.
<br /> ,,. , ,. ' , 9. Inspection. Lender or its agent msy muke reasonable entries upon und inspectianx of the Property. Lender shull �
<br /> � give Borrower notice ut the time of or prior to an inspection specifying rcasonable cause for the inspection.
<br /> ' 10. Condemnatton. The proceeds uf uny uward or claim for damnges,direct or consequentiat,in connection with uny '
<br /> ,. � Single Family--FLnnte Mae/Fl�eddie Mec UNIFORM INSTRUM�NT••Umfomi Covenmts 9190 (pagt 3 ajn pugesl
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