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<br /> /. El�rA ar 6�1+�wir 1s�t. Borrmwer r�fMll lcMp ti� hnp�x�v�nont� �'a i�hK �Md oo tiM
<br /> - --- - NmpcnY ins�ared a���lnel fnn�hy t��r,hwranl�includnd wllhln the lerm "�xtend�d rnvrrr�e" �d �ny ott�lwrardf,iacludir�
<br /> _ -------- il�a�i1t�11n�.fur whicd i.et�ler raqutre�iruur�nro.'It��r inwrxnra�h�ll be mxlntrinal in�t►a �ma�unt�►�xi fur�he paricxU
<br /> thN I.cnder roqu[m. '1�e lnouututae er�rrrier ptuvldi��tMe Ineurrnta�il bo chc�ua by&t�rower �ubjat'ta l.tndos'a�ppmya�
<br /> whtch�tl not ba un►r�uoneb[y withheld. If Horrawer tdU to maint�in caver,a�e dacdbed above, i�sr cray, �t i.ond�r's
<br /> opilon�obtaln mvenigo to�erotect L.ender'e ri�Rte in tho Fropferty In acrordancc wJth pa�r�ph?.
<br /> /111 insunuroe policla�nd m�ewds ohrll be�ocept�ble to La�der�nd iball include a st�nda�d moct�s clawe. I,a�der.
<br /> -�.—_ ---- �s4��11 h�vr,the dg��t to hold the�lieies eixl renew�!Is.DP I�ertder re�uires.Borrower shall pmr��tly dvG w i.e�,r all raxf�oP ,_
<br /> pald prantwus�crd�newal aoHc�s.In tt�e event of toea,Borrowor aA�tl gtve pmropt nottee co the insurance c�uYkr and�.a�cfa.
<br /> _ I,.eeader msy mtke proof of loss If not mwde pmmptly by Borrowor. .
<br /> Unlcss L�endet aud Borrower ott�erwise�rce in wr�tIng,in�uraoce pr�x�oodn ehaiL bo applied W tcstoratkm or r�ep�br of Ihe
<br /> Property d�unaged,If tho resWentlan or rep�lr is coonomlaallyi fcasfAle and I,ende='s socurity is rtot tassernd. [f the reatoretion or
<br /> mpair ia uot aoonomically f�ible or Lender's sccudty would,bo lessened.the ansuranro praceed.s slu]1 be applied w the sum�
<br /> _ saured by tlila Sea�rity Inst�ument, whether or not than dua, wtth any e�ass p�id m Borrowc�r.If Bosawer�bwdofls the
<br /> — Property, or das noi su�swer witbdn 30 daye a notIca from�eader that the Iasurance cazrier has offened to settle s cla)m,thrn
<br /> Ldender may oolloct tl�e insuranoe pmcetds. I.endcr may ufle d�e pre�oeeds to�epair or restora tho Qroperty or to pay sums
<br /> secured by thia Security InsUUrnent,whether or not Wtsn duo,The 34day period�vill begin when the nodce is given.
<br />-_- Unless Lent6er And Bonnwer otherwIse agree ia wrlting. pay appll�ation of pracee�a to principal shail rwt eatend or
<br /> � postpcene tha due dnte of the monthty payments referred to in p�t�graphs 1 aad 2 or chabge t1►e a�twnt of tt►e paymenLs. If
<br />- undcr paragiraph����the Property is ncqutral by I,ender,8or,roaer's dgbt ta any insuranx polFcies anci prooads racutP3ng fmm
<br /> .' - damage t�tl�+Property prior ta tl�c acquisitton shall pass to I.c�dcr ta tha extcnt af t�sw�sawnc�by t�isa Security Iastsuuiast
<br /> � immedIstely prior w ttte acquisition.
<br /> 6.O�ocup�ncy,Preservatton,Maintensu�cE and ProteQton of the Prnparty;Borrower's a.oan Applicatton;Le�ebaltb.
<br /> : f��� Bortower shall oxnpy�establist�,�and use the.Froperty ns Borrower•a principal�esideaae wiehtn sixsy days after the execuHon of
<br />�}� �iY; this Securtty Inctrument and ahn91 oontinue ta��cupy the Property.as Homnwer's prhscipal residencx fur et least one year after
<br /> .�_�"`,. _ ci�etta3e of orcupancy.UDIC39 I�CAdCt OZIICIWIB�QgDCC.9 I11 MiI�A�.�+vAieh consent s�ha'�not be unreasor�ably witht�clJ�or uuless
<br /> ! extertuating clnuanstences exist w�Ich �re beyond Borrower`s cobuol. �Bormwer shel! not desaoy.dainage Ar impnir the
<br /> •Pcoperty, allow t�e Ptopeity to deurlorau,or commit weste on the Praperty. Borrower shall be in default if any fcrfeiWre
<br />;,� tict;oa or proceed�in8, whether alvit or crimiasl. 3s bBgun that ln i.ender's good faith judgment could s+esult in forfeiture of th�' '
<br /> "'' property or otherwiSe matexially ianpair the tlen creatBd by thaia Se�uriry Iastiument or Lemder's socurity interest.Borrower may
<br /> cucc such a defaWt msd reinStat�,as pmvided ln paregroph l�.by cuusing the action or prooeeding w be dismissed�vIt6 a nil�ng .
<br /> " t2st� 3a I.�ssslrr's �':f�s1s�trrnsis�asfass. p:�ludes farfr.tusre af s!��o:ras:ss's�ase�.st�s t�4�oDeesy ur at!�r� .
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<br /> �� , impuirmeat'of th�lIen cre�ted by WIs Security Insfiunent or Lender's sacurlty inter�t. Borrowsx s�laU also be in default if � �
<br /> Borrower.Qudng t4e loan app]Icntion process,gave mfltorialty fatse or inaxurate information or statunsnts to Lender(ar feiled
<br /> to provtde L,ender wIth any ma¢�ial infom�ation)ia connacaan wIth tbe loaa evideaced by the Note,i�cluding,but not limited
<br /> _ i to,representations conceming Borrower's oocupancy of the Property as a princlpal residence.If II113 SOCU�IIy IAStN111ED� �8 OA A
<br /> leasehold. Bosower shall comply wIth all the ps+ovisions of the le,ase. If Borrower acqulres fee tide w the Proporty, tAe
<br /> � leasehold nnd the foe title ahnll not merge unless Lender agreas to the merger!n wdt�ng.
<br /> ! 7.Protedlon o!Leader's Rtghts tn the Penpeity.If�orrower fails to perFarm the oc�ven�nts and ag�+eementa contained ia
<br /> thia Security Instrument.ar there is a legal procee;ding that mny significantly affxt Lender's righta in the Prope»y(such as a
<br /> proceoding in banlauptcy.pmbute. for condemnation or forfsiture o�to enf�rce laws or regvlations), then Lender taay do aud
<br />:.:;: pay far whauver js necessc�iy�to pmuct the vnlue of tho Pivperty und Lender's dghts ia the Property.Lender's actions may
<br /> �nclude payjng any swns sacured by u lien which hus priority over tbis Securiry Insuumem. appearing in eourt. pay�ng
<br />�`� reasonable attomeys'fces cind enudng on the Property to make rcpairs.Although Lender may take ectlon under thls paragraph
<br /> 7.Lender does aot have w do so.
<br />= Any amounts djsbursed by Lender under thla pa�agraph 7 shrtll become additIonW debt of Sorrower secured by this
<br /> � �ea�rity Instrumein. Unless Borrower und i,ertder agreo to othBr terms of payrteent.these sirtounts ahaA bear interest from the
<br /> dute of disbursement st the Nou rate c�nd shatl be pAyable. with interest. upon notice from I.erider to Bon+ower requesting
<br /> .. ,�� pa�t' _
<br /> -= 8.Mortp,tge Iasurance.If Lender re�ui�d mortgago tnsurance as a oondltion of making the loan r,etured by this Security
<br />- Insuument. Borrewer shult pay the premiums required to maintain the mortgage Insurance in effat. If. for siny reason. the
<br /> '?t> mortgage insurmece coverage requlred by Lender Iapses or oeases to be in effect.Bomower shtill pay d�e premiums required to -
<br /> � ar••:..:..
<br /> '"''�`��;! �' obtain oovernge substanHally equiv�lent to the mortgsgo insurance pnwiously in effect,at a oost se�bstandally equivalent to the
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<br /> `+�'-;�; cost to Homower oi the inortgage insnrt�rcce previously in effect. from an alternate mortgage insurcr appmved by I.ender. If
<br /> `=•:i� substsmially equivalent mortgage insurarice wvemge is not available.Bornower shall pay to Lender each month a sum equal w
<br /> ':'R.k�:t.::"
<br />, ;, �_ z:�:�; orn�tarelfth of the yearly mortgage insurance premtncn be9e�paid by Borrower when che insurance coverage lapsed or ceased to
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<br /> :��==-- � bc in effect. I�.xr wilt acx�pt.use and remin these payments as a loss reserve in lieu of mortgage insurance. L.oss reserve
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