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<br />�°—'"'c�.t�_,. . , � �: �ra�rit o�P'm�riy lft�..�ce,;Lorro�ier sha� keep'tgs v�r��ae�ts rzo��a�g'OY ItCC�t2P EYC�f��Il-t�C. •
<br /> y� . �apeity insured�uaiust Ioss by.firz,<t�rards.includecg�vitdun th°tera�Te�.c�vem�a"a.u�t3 t�tiy�oth�ti�rds,:igciudtff�,..
<br />— – ` �` ' �toods or 8oadin;,for wtuch T.e�de�re4alres Msnranc�.'F�is inseusnoe sha�F 6e maintain�d in thg ramn�nt�an�t far tlie periiods . .
<br />-_ •� thr�t�'.eztder rec{uires.'Pke i�taz��o�c�mer pi�oviding ehe i�a�a�tce IIh�II�ctio�:a by.8olroc�er su�j'e��a.Lettdeiis stgp�vvst� . .;. � .
<br /> -- '�vhich sAalf not be unreasomably wtthi�2d. ff Barrow�c f�Ls to mainta�n caveiage c�mibed.above.�Lendet nsay;�at�Le�3er'e� � <
<br />__– ---- . : aption,obtain oovemge ta pmtect Lendei's rig�ts in ehe pt+ape�yr{n acec�r�d�cx with pac�F,raPh 7. �,' .�' �;T
<br /> - � < All•ingurance polIcies and renewa2s sBali be acceptab3e to Lea�er and s6a11 include a standar�utor�gage et'�se. �r
<br />-_- shall f�ve the right to hatd t�}e policies and�enewals.I�Lettdec req�ir�s.Boriotiver shall prompttY'g,ive tQ tersier slt t�'�i�ais.a€••��
<br />� :�•; :.;r:{�.,��, paid prer�iums aad rpnewal nofices.in the eveat of Ioss,Bsirro�ver si*.all give prompt Aotice to the insurance cax#�e�and I�a�sr.
<br /> _� �, lvr .� �rY K ' , . , .,
<br /> �'-- : I�ndes ulay make pzoof of loss if not mr.de�mmgtly by Bornn�rrer. ; . ,� �
<br /> ��i,...'�`'�:.�,.,_�-�" Untess�der and Borrower othernis�a�•ue vvcitin8,Ynsuraasa Pmc�s shatt.be a�lied to rrFtor�ti�n oY Yepairzr€�
<br /> '°�-'�`.� -_ Prnperty damaged,if the restoration�ar rep��s ecoao�ricalty fc�s�te aad l.�nder's security i�nbtlasse�ed.ff the,tes�ora�ioa'nr :
<br /> ' .� repair�is not economicaUy feasible or I�atder's security woutd be tessened;the insaranse pmoeEds shal�be applied to`the sumis ._ `
<br />=- serure4 by tlus Secx�rity InsaumeSt..whesher or not then dve,with ai�y excess paid..to H�rmwer. If�QrfIOF/CF 3�8IliS6IL4� , –
<br /> ,..a ' osdaes ttot answer wIthin�3�.�ys a notice from Txustet tbat the insnr�ce carcierhas affeied tn settte A.claim:the�?,; .: .
<br /> PraPaiy. , .
<br />- � • Lendea' t�"�lrct tke ingur�ca�. Leader;�tap�•use tl�.�xrceeds to repair or restsore tir�'Pmp�ty� or to pa�,�..,��,ass
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<br /> ��;�;�� sscm���,,.�'e�eiC��'x:men��or unt��.�;��.�.1�periad svti�lt b,.�whra the notIc�is gc�e.� ` , ` �
<br />_', ,����i; �a,�:�° : • RI��"�atf,�4�irnwer o��se���.r��s*'�.� ��u,,s;�'pmceeds tn princIpsl-&�3�i���xt"� � ,i:;
<br /> ' ,"�'��: �. �"` ��tc+�tfi;�.;�ue date of the maruhTy��s t���s��s3>��.�'�� �2 or c�ange the amaunt o��`�.���:�' , .
<br />,;�,���,_�,�� - �d�'�h 21�the Pmperty is��,��',�:�Sa�wet's zight to any insucanoe polieies and groaeeds resnTting•i�
<br />�.�,e�`v���..�„�� . ��:�proPertyr Pnor to the acqaisifidt��iatl�ss to Lgnder ta ttte exteut af the suaas se�ued by dus Seearit�►Instr�ncnt
<br />��`'f' ..-���. . ' imm :� iy prior w the acquisition. �
<br />_ �``�*-�'`_��+ � 6.�cy Yr�ervation.Ma�►3eniaIICe and Prote�ton of t�ce Pmperty,Eorcrower's Laan AppIi�fon;I�hOtds. �
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<br />��:�':�:�;+��.'�r�Y:'.:, Borrovr+er shall accu establish.aud Use the e as Horrowe�.'s princi al resideuce withiu sixty days attes the executlau af.
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<br />'_�:�'°�£�L�::�;� --.-_--_---this Securiry L�.mument.and shalt_�oatiiwe._to oc�upy_the Property_'as�orrovver's principa!residence�for.at least one yearalter -
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<br /> � . the daie of oceupancyf.uNess Lend�r othercvise agrees in wdting.which consent sf�all noi De u�onFtbly wittil►etd.ot titiless
<br />� �;;s'-�„`�?���,'� extemiating cinumstaptes exist which are b�yand Smrower s conUa�l. Burro�ver,s9iall not desvoy, dam�ge or itropalc tAe
<br /> H,�4,3�°`s"�^;,�_�->,:-�: Property.allow the Property to d�reriorate.or commit�waste'on the Froperty. Borrowe�r shalt be in defuuit if any forfeiturc ..
<br /> - � � ` '`�' �' action ar pmceeding.whether civil or crimina�.is be�uri ch�t in Lender's good fuith judgment rautd result in forfe�ture of th�
<br /> ^�•:'��L`` .'� "`���. property or othenarise mate�ialty impair the licn created by tlus Securiry Insttument nr,i+er[dec's sRcurity interest.Borrower rtu►y
<br /> ',�,`=`;.f;':'4`���. '.,`'_•':" � cure such a default and reinstate.as pmvided in paragraph 18.by causiog the actian or pracseding to be dismissed w(th a ruling
<br /> !� •� `�'• t6at. in Lenders gqad-faith determinntion. precludes forfeiture of thc Bormwer's inten,�st in t�e Pmpesty or other.matgrial ` � .
<br /> � ��;'<'`'� impairmcnt of the'Gen created by this Secarity Instnunent or Lender's security interest., Barrower,shatt �lsm be ia defauit if –
<br /> '"`r��''• � ' �`' ��� Bormwer.during the loan applicaGon pracess,gave materialty fafse or inaccurate infom�ation or statements tu Lender•(or faited
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<br /> � , , , .' ��� to provide Lender with Fury material infom�ation)in conaection with the loan evidenced by the Note,inctuding,but not limited
<br /> � to,repreaentations conceming 8�rmwer's occupancy of the Property as a principal residence.If this Security Instrument is on a�
<br /> . , leasehold, Borrower shall compty �vith all the pravisions of the lea5e. If Borrower acquires fee tide to the Praperty, the
<br /> ' �. �' � Ieasehotd aad the fee title shall aot merge unless Lender agrees to the merger in wdting.
<br /> . . '`�" 7.PAate�tloa of I.ender's Rtghts in the Froper2y.If Bormwer fails to perform the covenants and agreements contn�ned in
<br /> - � ' '�' �- this Securiey InStrumeat,or them is a legal proceedin�that may si�nificantly affect Lender's rights in the Property(sucffi as a
<br /> � :.:;ic'�t:;';
<br /> � . , praceeding i�bankruptcy.probate. far condemnation or forfeiture or to enforce laws ar regaiz.�sons),then Lettder may��and
<br />- • ' � ' �• pay for whatever is necessary to pr+otect the value of the Froperty and Lender's rights in the�roperty. I.euder's actians may –
<br /> '. . . � ' inetude paying any sucus seaued by a lien which has prioriey over this S�.rety Instrament, appeari;?•ia court, paying _
<br /> �-� reasonahie a.tx�meys'fee�2nd entering an the Property ro make repairs.Although Lender ma�,��ake actian u:.der this paragraph. . .
<br /> � .`:;;,;,y"� '� 7.L,Cndep.Pues noi have to do sn. '. : ,
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<br /> ��.''���.. '�''�;�'�:';• , My ainounts di�su�sed by,Cr�,3er under this paragrsph 7�:il become additional cfebt of Boaower secured:i�j tfis ��
<br />- `;��'�'� � � Security Instrument. Ue�4�ss Boira�:�t and I.ender agree to other t�s of payment,these amounis shall bear interest fn.n��the
<br /> �ri#Y�"' •� date of disbursement�:��t3ie Note rate and shall be payable. wiih ir.:er�xr c�or� notice from Lender to Botrower raq�:esdng
<br /> . • :..Q ... ,. • Paymen�. .' ; � . •.
<br /> :-. �.•.'�. ;' . �. 8.���age Insurance.If Lender required mortgage insur.,r�as a condition of maldng the loan secured by this�f.!�:rity . _
<br /> ' •� Instnurn�..E.. Qorrower shall pay the premiums required to mai� the mortgage insurance in effect. If, for any reag.�t: the . _
<br />_ "'�'ti �� • ''��ta�;��.��:iisurance caverage required by l.ender lapses or Seases to be in effect.Borrower shall pay the�°rr,niums re�uit+eQ•to� __
<br /> • :;.��;`.�. ��-'. � � �c�rta�m..����era�e subscantially equivalent to the mortgage insuranCe previously in effect.at a oost substa�=:�fiy equivale�:i to the' � --
<br /> • � cosC tu T3errower of the mortgage insurance previously in effect,from an altemate mortgage insurer approved by L�tAer. If " �-
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<br /> � ... •�• ' substacma![y equivalent mortgage insurance coverage is not available,Borrower shall pay t��.ender each month a sum e�al to t
<br /> 'i . one-twelfth of the yearly mortgage�nsurance premium being paid by Borrower when the ins�rance coverage lapsed or ceased to "
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<br /> be in effect.Lendet wilt accept,use and retain these payments as a loss reserve in lieu of mortgage insurance. Loss reserve :'
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