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<br /> --_---- — � �,.�azafd PP°P�n�iY I�"�nc�c,�. ��rorre3 shalt tu�•the imprD��mants i�w e�lsiin�os ���er c�stte� a�Y�e . -
<br /> ^,�"°"� � Properry insnred u�aiinsl lass Rsy Cre.h��inciu�ed�vithin the tera4"extended c�vera�e'�eny�atl�r G2aarQs�znclud`:� � - _- -
<br /> -:_"�-�� fIaods or tinoding.far which Lepder requires insw�nee..�'his insursrtse shsll 6s maitiaim�,..i in the a�ounts�c�ud_for t�.�periods �- . _
<br /> __-�_- -= t33as[ende�re�uires.T�inss�rance r,arcier provi�the dnsuranre shaSl 6e�as�n by Eorrawer snbjett ta fw�det's apprcv� .
<br /> =� wbicb shall 4ot be unreasonably witfiheId. If Bosrowee fails to m�inssin�oov,ers�e c�essc�ed eF,�ve.•lf.er�er n�ay, s�.�t,�e�e:'s
<br /> '�=�'� option.oi�tvn covera;�,to ptotect L,et�er's si,ghta in tHe PrGperty ia ascar�i�c�ith garea°r�tt g. '' • . .
<br /> `'��'� AU'insuranee pola�irs a�d tebewa{s sh�Jl 6e�cceptable to �.eader.�nd shnYt ia:cluQe a stugdard mort�a;e c�ause.�i�Wc*� ' .
<br /> � �°�`-°�� shalI fiav�she right�a hold t1►e policies a�d re�ewaTs.If Lender rq�ires.�o���sh�31 pro��tly give tdi�er al1 rt€�i�ts�ff � �� .
<br /> -�`.���' 'parJ pr�miur��s end r�ewaS nW'st�.Ia tt��yeui af€oss.BaYrow�e all ve �ntic�ta tit°insur�cs carticr ac�i.ecidcr:
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<br /> ° ��� E Ixn@ex may make proof oF toss iF not made gracapfly�by�Borroarez. • ,. ' � .
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<br />,:,;���,�� Unless Lender and Bortoti�rer athera+ise agree in tmting,insuranrz procee�s sluill Be�lied eo re�torati�R o;rsqsas of thG ,. ,
<br /> ��_�_-�__=w.._� Psoperty damagcd.if the c�loration or repair is eco�omically fi�si�te and L�der's�:curity is nat i�s�ned.If the r�stocation ar � ��
<br /> -___��� repair is rtos economieally�easiBie or Lender's securiry wauld be tersen�d,t1�iasurarce��oox�ds sha116a�plis�!to tT�� • .
<br />�`a�=������� secured by this Security Ynstnunen� whether c�r rtot then dne. with any excess p�d ta�arro�rcr.�tf Borraw�:s�zudnas.�he �,
<br /> _ -_�---y - Prnperty.or does aot answer within 30 days a nnfice from Lender that the insa�nce carrfcr t�as offered w settle,a�iaisri.then '
<br /> ^~ Lender tnay collect the ins�ance proceeds. i.ender may uie the�praceeds to repair or restore the.Froperty au�w pay snms �:
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<br /> _--_= secure�by this Secnrity Iastruinent,whcther or not td��n due.T6e�,3Q,day periad rarill be�a when ihe cntic�is givez. , .
<br />-`K—�� Unless I.ender aad Borcower a3henvise'agee ir► writing. anY egPllcatian of piac�d�to principat shalF�.uat c�enti•br
<br /> -- �� postpone t8e due date of tbe raondily payments referred to in paragrapSis 1 aad 2 or change the amuunt ef Jie psym�nts- �f' ��
<br />----_-=-_=_"'" under paragraph 21 the Praperty ss acquired bX Lender.Eortower's ri�ht ta any insurance pfdicies a�proce�ds resulti�g from .
<br /> _--' __�� • d,nrege to the Pmpecty prior to the acquisition shzll pass w LQader to ehe eatent of thc sums secui�st by thi�SecuriLY In�a�i ;
<br /> ���� �' ' immediately prior to the acqnisition.
<br /> - `� 6.�p,.�raa�y,Pe'°°.,..PSVBtto�,MBi�Y�+ ace eud Psotectlnn oY the PCOpeltyi BorcatYer's 7ASn App[iC$�oil;�dc. � . - _
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<br />���r� i i Borrower shal!occupy,establish.atid uss the Praperty as Enrrower's principa!residence within sia�ty daya aftei ths ex.xutean of
<br /> ��. ��` this Sec�rity Instrument and shall cunt�e ta accupy the Property as Bor�+uwer's grincipal residence far at least ona}•ea,c after '
<br /> ,.�-�` c! �� the date of accupancy. unless�1:ender otheiv�ise agrees in writiag,wtiicb asnsettt shall noi be anreasoaabiy withhe2d,��r ran�rss -
<br /> ''``" } � eatenuating circumstances exist whieh are beyond Burro�ver's control. Borrower shall not destroy.damage or impair i6i: .
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<br />--"::;:�;;a.i � ProPertY,'allow the propetiy to deteriorate*or cucx�nit waste on the Property. Bomower st�al!be in def�it if any forFeituca
<br />`"''^�,'•'`.°.•a action o� roccedin �vl�ether civil ar crimfnal,is�•u~:�un d�at in,Lender's good faith jud�ment could resnit in fa;feiture.of ohe...
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<br />..,;:: : � Property or ottteraise materially im�ir,°�ti�.a�ieA by this Security Tnsuument or IRnder+s security intemst. Borrawer rnay� ��.
<br /> ' . `_" .'j � h 18,by causin the action or roceeding co be disausse8 wit3�a niling
<br /> �: . cure such a default and reinstate.as�'::.e..vs.L-�'°.�a� g P . �
<br /> - �-��;.•�.�-. �<� that. in Lettder's good f�th determinatioo: prec.:�des forfeiture oF the Bosro�ver's interest in the P�ro�'��st.'�or othec mzterial �:�
<br /> - - --�� impairment of the lien�..'3 by this Secarity Instrument os Lender's security interest. Borrawer shar:�s�so 6e In defautt if � :'; �
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<br /> �' Borrower,duriA�the toan�cr�..�an process.gave materially false or inaccurate information or statementq to Lender(or,faiied , �
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<br />•_ =��_z�;� to proride�.�nder with any=-.....a��l�aforn�ation)in cannectioa e�xth the loan evidenc�d by tfc�•Note, including,bnt nrt iimitetl
<br /> ` ''•`�l�y. to.re�s:�:.-�zadons wIIremin�Borra�er's occa�pancy of the Prnperty as a prineipal residertG:.:,E this Security lastcu+n�±F is`on�
<br /> '�`������s;,: ' Ieasehold, Bonower s,'sall comply with al! the provisions of the lease:If Borrawer acquires fee title r,a the Ftopefty. the
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<br /> leasehold and the fee title shall not merge unless Lender agrees to the merger in writing.
<br />��,-'`•'�'%'��;i`'�. � 7.�rateitfon of I.eader's Rights in t6e Progerty.If Boaower fails to perform the covenants and agreements contained in
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<br />'=F'°��f`�`�` this Ser-.s:ty Instrument,ar there is a[egal proceeding tliat may sipufcantly affect Lender's rights in the Property (such as a
<br /> ..�$�T,�.;�_•:. _ proceei:..g in bankNptcy.probate, for condemnation or forfeiture or ta enforce Iaws or reg-�'ations).then Lendet may do and
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<br /> .�.,,,�:'_�,�� pay far whatever is�sessary to protect the value of the Property and l.ender's rights in t�e Proprrty: l.ender's actioas may
<br /> `_='�j�`° ' ' includs paying any s�� secured by a lien which has priority over this Secutity Instmment. app��*�g in court. paying ��
<br />-.T:,�.i�`.=�.', s���
<br />--- ----- - - reasor�te auamzyy'fars and entering on the Propeny to make repairs. Althougt►Lender may take acdon under this paragraph
<br />-�.:'�t.i y�r','.."tt. . .
<br /> � 7.i.enciaa does not have to do so.
<br /> "--'"h�`'`' l��r amounts dis6ursed by Ilrw�3er under this paragraph ? shall be¢ome additior�,-.1 �3:bt of Borrower secure� �y this �,��
<br /> ..�-;:. . • �.-=
<br /> �• • Secur�ty instrument.Unless BonoK•�'and I.ender agree to other terms of payment,these amounts shall beat intece-x�m the -,� �
<br /> � date of disbursement at the Note�'s and shall be payable. with interest.�upon notice from Lender tm 8orrower�,.questing #.;'R4s�_.
<br /> .... . , Payment. ���.�_
<br /> • 8.'_tSortga;e lnsurance.If t,�ier required mortgege insurance as a condition of ma.ki�g the laan secured by this Security �''''f' -
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<br /> `-` °' Instrum.e�.. Borrower shall pay t:.^c premiums required to maintain the mortgage insurance in effe;ct. Ii. for any c�son, the � • <<<p�y�-.
<br /> mortgage insurance crsverage reqnired by Lender tapses or ceases to be in effect.Bonower shall pay the premie�ms requited ta �• , '�
<br /> _�;�,. .� _. � nbuiin coverage substantiaily equivalent to the mortgage insurance previous�g in effect,at a wst substantially equivalent to the • ,
<br /> '"� � �•� cost to Borrower of the mortgage insurance previousty in eifcct. from an alteinate mortgage insurer approved by Lender. If � �
<br /> -�.�•+ •.� � substanssa;ly equivalent mortgage irsurance coverage is not so,::C�ble.Borrower shall pay to Lender•each month a sum eqnal to , , :
<br /> T���'._ti:,,.: ' one-twelfth of the yearly mortgab:i:LSUrance premium being pz.i�by Banower when the �.:;�tance coverage lapsed nr�:ased ta .,
<br />*�`• ���''��!� �'� be in effect.Lender will accept.us:and retain these payments as a loss rescrvc in lieu c, rnongage insurance. l.css res�rve - � :,`;�; .
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