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<br /> Y µ��j_1: � c'L,� � . , � , . . ,�.�� �Gi�iI�LV� �r1G�.Q� 41s _'
<br /> � :.:`:._;y_.� t�e � mvements no�r eai.;cting — _
<br /> �._�or�rOy�y In��. Sorr�wei shaif k�p �P Q a atber�aards.includin -
<br /> _- `''��:.�°:�`:'�� PropPrty lnsured against.tc�ss b�r fire,hararids ittctuded within�ig tenu exteaded cavera�,e and tas�y �
<br /> �;�J:r��:r�: <�,j;=r� floods or flao�ing.for which i.�nder requims insnrance:This insatancc sha11 b:maintaiaed in the,�wuuts aad far�tta p:tiads °_ —
<br /> � ° `"', that Lender requires. 11ie insuiance cairier pmvidin�ths insurance sFiaU 6e shos�n by Borro�ver subje�t ta Lcrn�er's apg{avaS =-- ----
<br /> �t'�;,. , .z`.r , �chi�h shall not be un�easonably wit�hetd. If�ormwer fails to mainssin covera�e descsi b e d a t�ove. [.en�er m a Y, at�tt��•;s ' ,
<br /> .;y�__��.`.r_'<< ' ',--, '
<br /> T. F opt'san:obtain ooverage to protect L.eetder's rtghis in the Fragerty in acco�dauee�with pasag�aph?. .
<br /> -.<>. �.
<br /> ,t• ,.«t •� .. All inSurance policies aad�neorals shall be acce,ptable to Leader and shaU ir�ctude ri Ftanaar�l mnrtgaSe cla�se• E.en��
<br /> -'-?�, �` '` �` shall have the right to hold the policles and reaecvals•If Lender requires.Borrorrer shall pronnptty give to Lender all rec�ipis,Af
<br /> x .. ` •'`=.``E, p�d premit�ns�ten�wa!notices.In the�vent af loss.Borrowcr sha11 give pra�t notice ro the iasuraace careIer and LertdC�F•
<br /> - '`� r�° f of loss i�aat m.�1�rompilY bY B��wer. •
<br /> � Lender may make prao . - _. ._
<br /> , •. � Unless Ixader�d Borrower othecwis�a�ree ia writing,insw'sace Pmceeds shall be applied to restor�ion or repair af t�ie
<br />- '� . • . pmpertp damaged.if the restoration or repair is ecoaomicaUy feasibte and Lender:s secvriry is aot tessened-If the resooratioa oi ,
<br /> ,-'-`���' y ' �_ repair is not ecanomically feasible or Lendei s securiry woutd 6e te�seneG,tiie in;uranc�pmceeds shail be aPplie�ta.ti�e sums
<br /> - � , S���yy this Securiry Instrument,whether or not then due, with any eaccess paid to Barrower: If Borrower aGando'ns the
<br />�•�;��;,-� ' ��`.;. proFenY,or does no�.answer withist 30 days a nndce from L.eadrr that t�e insurance carrier has oi�'ered to seute a ciaim,then
<br /> 5.._.. _ .i: ;i'• .
<br /> :�.;:�:i:.;''_ .'• � Leader may w!l2Ct the insurance pmceed�. L�nder rnay use the praceads to tepair or restore tite Property or fo pay snms
<br />• v:.� ; r secured by this Security Insm�ment,whether or not then dae.The 3Q-day period wil!begin vrUen the aotioe i�givea. �
<br /> `` ": �' Untess Lender and Borrawer otheswise agree in writing, any aPPliration of pmceeds to psinciPai shaU not extead ot' .
<br /> :�r, < . � . • hs 1 and 2 or clsange the amount af tfie pflytuents. If
<br />"� � -.�� . .; � . postpone the due date of the mnmtily payments refemed to in paragrap ,
<br /> �
<br /> ,'#� `` <�� • ��. under parag�aph Bl the Property is acquired by LBnder.Borrower's rigbt w aay insurattce policies an�procezdS resi�Itiria from
<br /> , � 8 aP
<br /> � . d�nage m the Pra�erty prior to the acquisition shall pass to Leader w the extent of the svms secured by this Sscariiy Instramertt
<br /> • •'�:':•.. ' �
<br /> ' , �iatety prior to the acquisition. �
<br />`- �- �- . . Fre�vatfon,Maiutenanoe and Frotectian ot t�te Property,Borrower's I.a�Appli�aeia�L�aseisolds.
<br /> 6-OocapancY+
<br /> ..L ��� -_�_ - � . •:•Borrower s6att accupy.�blisf►.and use the PropertY as Borrower's principal c�istence widrin siaty days afcer 4he executian of
<br /> 'i�...�. . � . ' Qus Security Instr�mer.;�i.xd shall wnanue to occupy the Property as Borr�-er,�:.�rincipal residenc�for at l�st one year after
<br />- ��. ��.. . . tbe date ef�ccupancy.uc�ss Lender othenvise agrees ln writing,n�icb cai�-�i shall not be unreasanabIy withheld,or uniess
<br /> � ' • • " extenua�-�--�:circumstances exist wtiich are beyand Borrower's ce�rol. Borrower shalt cu,'destroy, dama$e or imgair the
<br /> � ` � � Property,allow the Frc�fi"±�tn deteriorate,or cammit waste on the Prope�y. Horrower s:?►3 be in defauit if any fa'tfeiwre —
<br /> - �� action ar proceeding,hi»:a�i�ivil or criminal,is bagamthat in Lender's good faith judgment could result in forfeiture Qf the
<br /> •..'_, ,`.__: �� _ 'Property or utherwise���iaily impair the lien created by this Security lnsuument or L.er�er's security imerest.Borrower may �
<br /> .. cure such a default and reinstate.as provided in paragraPh 18;by caaising the actian or gmseeding co Ge dismfssed with a�S �
<br /> . ' � � that, in Lender's good faith determination. prectudes forfeiture,of the BorroweE's interest in the Property or oWer material
<br /> -'' � � � � impairment of the lien created by this Security lnsaument or Lender s security interest•�orruwer shall als�be in default if
<br /> ' �r � Borrower,during the toan applisation process.gave materially false or inaccur�infom�ation or statemcr.ts G.Lender(or faited _
<br /> •� " ,• to provide Lender with any material information)in connecuon with the loan c�:��enced by the Note,ine;:�:;�,but not limited —
<br /> as a rincipat residence.If this Secar:`,� �L'suuaieat is on a .•� ''
<br /> ' ;. . ,ta,represenlations concerning Borrower's occupancy of the Pra�est� P
<br /> = � leasehc?3, Borrower shall comply with all the provisions e{f'.e lease. If Borrower acqv.is� fee title to tne Ptr�:y, tha ,y;:,
<br /> � � • � leasehc:��d the fee titie shall not merge unless Lender agrees to the merger in writing. . _ �-�
<br /> • 9.Protectton of Lender's Rights in the Property.lf Bonower fails to perform the wvenants and a��.a--"�ems contair►ed in �*,��ik
<br /> ' this Security Instrument. or there is a legal proce:ding that may significantly affect Lender's rights in t ie?roperty(such as a `,:�'
<br />. . � .� proceeding in bankruptcy.probate, far condemnauon or forfeiture or to enfotce laws or regulaaons).t�:��nder may do and ;�f
<br />__-', •. � •,;�,a��... � pay for whatever is necessary to protect the value of the Property and i.ender s rights in LH�Property• I.ender's acuons may .��
<br /> - . .���r�,.)r . , . —`K- �-
<br />__ ;,,.. , incl�de paying any sums secured by a lien which has priority aver this Securiry Instrurr_:� appezrer.g in eourt, paying
<br /> _ , , , reasonahle attomeys'fees and entering an the Property to make repairs.Although Lender may take act:c�a-��er this paragraph ���t'. 9 �
<br /> - : -- �� � 7•Lender does not have to do so. ' ' :�-��-�:
<br /> • ' � � Acy amounts disbursed by Lender under this pamgraph 7 shall become additional debt of Borruwer secured hy this -- _ -
<br /> � ' ge�s'sty L��rumene. Unle�s Borrower and Lender agree to other terms of payment.these amounts�hall bear interest�om the �.`'-=`
<br /> � � � date of�:�bursement at the Note rate and shall be payabte. wsn interest, upon notice from Lender to Borruwe�r��,u.�ting ,��,�-
<br /> . ' ;.��; —_
<br /> T .:` � Y�:�
<br /> , " payment. ,`: � �_-��
<br /> `,� ". � � 8.Mo�e Insurance.If l.ender required cr.u�rtgage insurance as a wndition of making the loan s:a�l.:ed by ihis Securiry . .. ,,�,.,
<br /> ` ' Instrument, Borrower shall pay the premiutns r°...:,uired to maintain�he mortgage insurance in effect. I:. for any reason, the ,`�`.� � .. �
<br />::S�� ��.y<<,:,! � , .
<br /> __,�- . . ± .:�,;,,;;,,;,�,; mortgage insurance coverage rr.quired.by Lender lapses or ceases to be in effect.Borcowe.* �.':zl Qay the premiums reqvired to � �,_
<br /> i ;. ����_"j` �''• obtain coverage substantially equivalent to the mortgage insurance previously in effect.at 2�st substantially equivalent to the , .
<br /> ,g�;�?��. . • cost to Borrower af the mortgage insurance previously in effeci, from an altemate mongage insurer zpproved by Lender. If
<br /> ``�.'`��.. substantially equivalent mortga�e insurance wverage is not available.Borrow�er shall pay to Lender caciz:*'onth o sum equal to :•
<br /> � . � . . one-twelfih of the yearly mortgage insurance premium being paid by BorroR�a�hen the insurance coverage lapsed or ceased to .'"�
<br /> ,�;�;•: ��� be in effect.Lender will accept,use and retain these payments zs a loss reserve in lieu of mortgage insurance. Loss reserve • ,
<br /> FOtt113028 9190 � r
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