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<br /> ' � u��su�va�!whirh r,I�aU r�,t i;e u+,rr.a�cHiahly witiiheld. Tt liurmwer fafly t��utaii�zeu�r,:r..u.�;4�lck�.iK�1 utH�•:,�,s.��.,::r i��a„.:Z -
<br /> Lendrr4 o�ticiri,�htain ccvrraga w pmtect Ixnder y r:ght�in thr.i'rupe►Yy in 8.:corda�cc with�rngraph 7.
<br /> All insurar�cc pcdiztas u��d tenewzls sha116a:ucr}xnNle tu Ixnder und tihaf�inclurie a stan6anl m<mge�e�lau.u. 1_rrulc�
<br /> - �hr�i have tise ri�ht Io hold the pa�liciee artd renew�la. if I.rndrl royuircs,Borrower nhall prrn[�tly�ive co I.enckr all rn:d�
<br /> - ___ __ _ �
<br /> oY'p;ud�re�roiums and rencw:��nuticts. Li!he evcnt of in��a,!'1�:rcow•�r shafl Eiat prompt nnticn to the insur�nci c�reier�nd
<br /> — t.r�►ckc. Lendrr may mafce pruof of'loss if�xx ma<ie Fn�omp�lY by riorrower.
<br /> Unks�Lender wwl 8orrower otherwise agre�in wnting,insui�ance�rocood+sh�1l be�PPlied lo r�ataui�or�of
<br /> — the�rc�erty damaged, if the restoration or rcpair is ecnnomlcaily feas�ble and I.,enderb secutity is na lesse-ned. If the
<br /> restorntion or nps�ir is not econamlc�lty ieasible or l.encferk�curiry would.bs IasssnGd,tt�insuruxt pnxxr.�ls bfu�ll be
<br /> � opplied to the sums suu;xd by this Sr.curity �nstrument,whctt►er or not then dae, w�th en,y excesA paid ta Burrowrr. lf
<br /> Bortc�wer abandons tt►e Property, or dues not a��swer within 3[1 days a notice fram l.ander that,lhe insuranco�urier h�
<br /> ,_�____ _ .-,___� offered to settte u clain�,then Lender niay collcct the insurance proceais. l..cnder may a+se tt►e pra:cecls to rcpair ur rcstoee
<br /> - the Fr�:rty o�to pay swns secured by ehis Security Instrumcnt,whett�er or not then duc. Th+:30-day peri�xl will i,egi�e wtwii -
<br /> the notice is given.
<br /> Unless Lender and Dorrower otheswise ag�e in writing,any appl[�ateon of proceeds to principal shall not extend ac �
<br /> pdstpone the duc datc of die monthly paymcnES refetred to ia par•►gnphs 1 and 2 ar cl�ange thc amovnc of'the paymenu. If
<br /> � under par.igrapl�21 tlu Property is ncquired by l.ender,8omnwer�rigin to any insurance policies and proceals rcsulring
<br /> fsom damabe to the 1'roperty prior to the ucqulsitton shall pass to L.endtr to the extent of the sums secuned by this Security
<br /> Ynstrument immediately p;ior to the acquisition.
<br /> -- -_---- - 6. ���cs;, Pcw�.v�!EM•, R�!�s��•!+_,�ce and Prottr�ttio� of the l�rauerty; Qorrower's I.�n A.ppllcaHon;
<br /> -- Leaseholds. �orrower shall�occupy,estublish,and use the Property As Borroun:r�principal residence within sixty days after
<br /> the execution of this Secwity Instrument and shall continue to occupy the Property as Bortaw•er�s principal residtnce for at
<br /> -- � _ (c�st one year after the date of occupancy, unless Lender othcrwise agr�ees in writing, w}ticle conxnt ahall not be
<br /> - unreasonably wid�helci.or untess extenuating circiunstances exist which are beyond Borrower's•contml. Boirower shall not
<br /> desuoy,damage or impair the Property.allow the Property to dete�iorate,or commit waste an the Property. Borrowcr shall
<br /> =-_-�°�__�-= ix:in default if any forfeiture actian or procecd:ng,whether civi!or criminal,is beg�n that in L.cnderk good fnith judgment
<br /> � � could result in forfeiture of die Property or otherwise materially impair 1he lien ciceated by this Seruriry Instrument or
<br /> - _= LenderS seturity interest. Horrower may cure such a default and reinstate,as provided in paragraph 18,by causing the action
<br />---�'�------ or proceeding to be dismissed with a ruling that.in Lender's•good faith determination,precludes forfeitm-e of the Botrowcr's
<br /> __ --� interest in the Property or other material impairment of the lien created by this Securiry Instn�ment or Lender� securiry
<br /> o.,��! interest. Borrow�er shall nlso be in defau!t if Borrower, during thc ioan application process, gave muteriAlly falsc or =
<br /> .-^�����;;�,=.,�; lnaccuratc informauon or statements to I.ender(or failed to providc Lendr.r with any material information)in connccuon witF.
<br /> ---- the toan �videncea by the Fvore, inciuwng, 'vui uui ii�iiiio� i�, «�rs�ntatiar.s :.zrwss:ng �s's'o::�ets �^-uF°s=^-; ^f`-t�R
<br /> __n.,�.,���1�.; �
<br /> __:_��:y�.:-, Property as o principal�sidence. If this Security Instru�neut is on a leaseho(d,Bonower shall comply with all the provisions
<br /> - = n�� �- ,'' of the lease. Yf Horrower ncquires fee title to the Property,the Icasehold and the fee title shnll not merge unless Lendcr agmcs
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<br /> - ° "��1 • to the mcrgcr in writing.
<br /> �•r;,:�.;����: 7. Protection oF'Jxnder's Rlghts in the Pra�erty. If Sorrowcr fails to �erfonn thc covenunts nnc� ngreemcnts -
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<br /> +�r%.,.,=�v='�'�"'. contained in this Security Instrument, or there is a Iegal proceeding that may signiticantly affect Lender� rights in the
<br /> _��;�;;.�';-'r�,',��,t��,, Prope�ty(such as n proceeding in bankruptcy,probate,for rondemnation or forfeiturc or to enforce laws or regulations).then
<br /> _�_°--°=�•�����`�.,: Lender mAy�lo and pay for whatevcr is necessary to protect the vatue of the Property and Lender's tights in the Propeny.
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<br /> ``'��"%��'`���-�_� �r" Lendee's actions may include paying any sums secured by a lien which has priurity over this Security Instnimen��ppeanng
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