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<br /> _ --_=-� pesiods th�t I,ender sequire.s� 'd�g incr,ra�carrier providing tlts insur�se shalt be a�o�n a m�;cs subject€a 1�trt���8
<br /> __ - - - -- �" -
<br />-- _��-= agpravaf wTueh s2�all uot De�sanably�vitE�eict [f Borrawes.fails to ra�aintaia coveYa��deSaibed cbcive.Ti.eadea rnay.et , , -
<br />--'-�:�� I;eruder�s aption..o3stain coverage to pra:ect Irra��rigius in tfie�:ogerty in r.cc�ord3nce csrith p�sg���T. > •.
<br /> °'� �,� A!]in,umsue poSIsies a�d rene�valsshal2 Qe acceptab2e to 3.eaeie�anst shal!fncIutle a staada�raGrt�ge clause. 1�.en�r , ; .
<br /> = - • shail hsive the right t�ftold the poIIcies�ad iene�wats. Yf�.en�4er t�9�s,F3omswear shnit pramRdY give to LeaQer�oll rerkipts . . .
<br />_-__-_-----= pf p�.dt p��µms a¢d tertewai aonces. `Ut tlfe eveni of toss.Bamacrer ahali give prompt n�se ta the ic�suraacx cassiet a� ,
<br /> �:�-�:� . ,
<br /> ,�-;4�-� � Lender. Iae�may mak�praaf of L9as if�aima.d�promptty by Bo�v,�r. • �
<br /> �.r,�.�;�� � Unless GEnder and L'o�rowar othervrise aglee in wnpng,ins+�r=ce FreceEds st�all li�agplics9 to.restorsiion nr�pair of�
<br /> -�-�����,; the Pro�rty damaged,if the testorati�n or repais is econa�ically f�asi�Ie and Le�r's secunry is Qot[essened, If�the . �
<br /> � ss` ,r„�� . mstorativn or mpair is nai ecnaomiralIy feasc�►le or L�der�s securitgr w�utd bz tessened,`the insur�re pjaceeds stizlt.�
<br /> :- ;;�,:�S� app�ied Eo the s�s secured by this Sewriry i�n�arhetizer ar aot thtn duu�EvIi's��fly��ess pai�ta 53�sr�s:�� i�;. . - _ _ ._ .
<br />`:,•:;,--.N.,��:
<br /> :,•-i4:.yr Bamower abaudons the Property.�r does not answes witttin 3U�days a notice from I.en�er tha�ths i��vxan�a carries Iras .
<br /> ` 4�''-`��'= ' offer�d to settte a claim.then Lendea may FolIer,i the insutaace ptac�ds. Lender may use tfne to �r restQ�
<br /> , �� Pmceed.s: rcP�r
<br /> _ =,�:�,--� the Ptvpesty os ro pay sums seciued isy tbis S�urify iastaument.'wl�ether ar aoi i$en due. The 3Q-daY Perind K'i11,6c�in when, ..
<br /> the aouce is givea.
<br />-'=��-`�`� Unless Lendet aad Borrower aiheiwise ag�in writirtg,any ugplication of prtxxeds ta principat shalt not extesid o� .
<br />-�-'�:�•��`°';� pnstpone the dns date of the monthlY PaYments refeaed to in paragraphs i and Z or.change the amotmt of the payrt�nt's.:If
<br />-_-'==�'= ander paragmpb BI th�Fropejty is acquired by Leader,Borcawer�ri�tk ta�aay insur.tace policies and pm�eds.resultiag �
<br /> �`�'-� from damage to the Pioperty paar to t�e acquisiuon shall pass to Lendet�o th�exteat of the sams secured by tl�is S�urity. .
<br /> �,.r..
<br /> ���,,_y. Insrivmeni i�nediately r tn the acq�tion. .�
<br /> ,�'�'� 6. Oaupaucy, ��ervattonE, 11 R•aimtenanre tiad Fsot¢ctlon aY the Progerty; Bosras�ar� I.oaa��pplic�tioa,
<br /> •.:_�:�:_�::'�`��
<br />-,.-�:��e4-�a i.easeltoYds. Bor•ower shall accvpy,estab3ish,aad use the Ptoperty.as Ba�mower's prIncigal�esideace wi�iun sixiy days after
<br />- �'�i`'� the execution uf dus Secariry Instr+�ment a�Z�aU continue to occugy tIne PmpertY as Borrower's principa�resideaice for at
<br />_--�_�—�r=� feast one year after die date of occupa�i�C„;�mless Lender aiheranse agcee�ess in wxiting, whicH cor�sent shall not be �
<br /> _��„�;
<br /> �-,-�,�- � imreasonably withhe[d,ar uWess eQ �A��nstances exist which are beyonsi Barmwer's controL Borrowes siiafl tmt .
<br />--�,;, desimy.damage or impair ti�Pkoperty, 'a�cu�e.Ptoperty tQ deterioaate.or commit w�ste an Qre Fmge3ty. BormwEr sl�a1!
<br /> ;�r.:;., 6e�ut defauls if az►y forFemue action or prc�i�adb.�u,whether civ�or criminat.is 6egua thai in I.endea S.good faitb yudgin�t .
<br /> =�.;,�..�?.:?���� - coWd resuit!n forfetture'af the Praperty�,r,i�i�-etwise materiaUy iimpair the lien cteate3 hy t3�is Secmity Insunm�►t ar .�
<br /> �.w+�-r- I.ender�s securiry intecest. Borrower may cu�;�h a default and ieu�state.'as pmvided in para�aph 18,by cansing the xetion ,
<br /> . ,.�-�#,�:� or pmceeding to 6e dismissed wid►a iuling''�...t�r.'-;,in Lender�s good faith detem►inarion,preclades fnrfeipme af the Bona�er�� .. ,
<br /> ` �;`•:yM inteiest in the Property o:athes material ia�pa�cent of t��lien created by this Securiry Instraacent or Lettder's securiry
<br /> �.-,�.,:...• �.
<br /> _�. ,:Y.}: interest. BoYrow�r shall also 6e im defaalt,ff$ortowe�dwing the loan app8cation process,gave matedalIy fa1sB or �.
<br /> • maccurate infair,�ation or stateinents to Lendsr.(as faited to pmvisle Lendes with atry material infosmauan)in eonaeeuon with
<br /> '�°`''� "� the loan evide�!by.ths Note.includimg..Eut not limited to,repms esctat�ons conceraing Barmwer's occupanty of ttie ` `
<br /> ,`��':'� Property as a pri�zi�al residence.�If dns S�ub.ry Instmment is on.a teasette�Honower shall wmpIy with a�ll the provis�ans � �
<br /> of the lease. [f aorcorrer acquires fee 6tle to�:ae R+operty,the leasehold and the f�e titte shall cmt merge unless Lender agnees '`
<br /> ' �`.:�::;�`' ' to the me�ger in writing. � . .: ..
<br /> � °`-.,. • 7. Protec�ion uf I.Er,�'s 3SiP,At� to the Property. If Borrower faiis ta�-rm the covenants and�ements
<br /> ,. ''��'.-','•`. � eiyntained in this Secariry Ir�*•.�r�. e��=ce is a legal pmceeding that may r��tly affect Lender's rig�its en the
<br />,,��;:� +-�;`• ' Prope�ty(such as a praceeding�G�i�_�robate,for condemnation or forfeir�cr to enforce Laws or regalationsy,then �=
<br /> •+�'?'�"?'R� • ' isader may do aud pay far a-L-,��•`�.'3s ct�.-�sary to protect the vaiue o��Prope;ty and Lend�s rights in dte Pcoperty. • — _
<br />_�_�.i �:r';;.:'r i.��a'�r's actions may inclade�a:3�g any s�secured by a lien which has priority�.���is Sec�nity Instiument.t-�pearing =
<br />��,_-;-,.�_�. � �:�court,paying reasonab2e at�,meys'fees and entering on the Property m make mr-�...as.Although Lxnder may r�:�aceion -
<br /> � ,,..;;�.� ' under this paragraph 7,Lender does not have to do so. � . " `
<br /> '�'•=Y•r Any amounts disbursed by Lender under this parag�aph 7 shail become additional debi of Boaower secu�+ed by this - _-
<br /> `��=°�.� Securi InsUUmenG Untess Borrower and Lender agree to other terms of paymen�these arreounts shall bear interest from the =
<br /> t�,�,'{�,y� , . date of disbnrsemeni at the Note rate and s4�a'?i�e payabte,with interes�t.apon nodce from Lxnder w.Barrower res�uesting
<br /> '��'•- pa3+men� A
<br />`��'h';�}`:;';'� 8. Mort�ge iasusance. If Lender requued mortga�e insurancc as a wndia.�.c5 making the loan secc.�6y this ! �'�� -
<br />-�'1.`:ivl�':Y: __—y��-..
<br /> .,:�,,. Security Insmimen�Borrower shall pay the gremiums requimd ro maintain the tr.c�t�,^",.;�insurance in effec� Ir.for any _ ___
<br /> =_;��;..,,, . teason, the mortgage insuiance coverage r�red by Lender dapses¢sr ceases io&e in effect,,�c�rrower shall pay the �-—
<br />__�'::;�i,.i -.: ' picmiums required to obtain coverage su6r,�ally eq�.aSent to the rcrtgage iasurance previo�J in effect, at a cost �t_�_ _
<br /> . substantially equivalent to the cost to Borrower of the tra.-rtgage insurance previously in etfect,fmr.s an altemate�:*�ortgage �=�,�
<br /> � � insrrter app�oved by Lender. lf substantially equivaterrt c�:rtgage ins�rance coverage is aot available,Boaower�='J pay to ;� - __
<br />' `" ' � � L:ec�..er each month a sum equal to one-hvelfth of the yea.�[y-mortgage insurancc prerrsum being paid by Borrovrei��en!he .�;�."°:,_����
<br /> • ? insamnce coverage lapsed or c.eased to be in effec� Lender will accept,use an�D retain these payments as a loss reserve in lieu „ ��;F;T:
<br /> ' ' � � ' ' of mortgage ir.�a�ance. Loss reserve payments may n�longer be requ�s�i.at the opUon of Lender,if mortgage insurauce F
<br /> coverage(in the xsnount and fos ihe period that Lender requ'ues)provi��3t�y an insurer approved by Lender again becomes , ''��"� ":`
<br /> :.�: •• . available snd is obtainQd Burrower shaU pay the premiums reguired to m.:intain'mortgage insurance in effect.m to pmvide a � � :?��`-''
<br />- '�-�r••'' Ioss reserve.und!t he requirement for mortgage insurance en d�in acco r d a nce wi t h a n y w ri tt e n a g r�e e m e nt i s etwee.�Borrower :�• �� .
<br />::��a:,� ,,.� � ;`,,:: •. .
<br />:;;`sr'',.;.,..t. �f and Lender or applicable law. , �. ,%.;�•. ' .
<br /> 9 '�Iaspeetlon. Lender or its agent may make masonable entries upon and ins�crions of the PropeRy. Le��er shall
<br /> , �,� �;F�,;`,. , pve Barrower notice at the dme of or Rrcc�a t�o an inspecdon speclfying reasonable cause for the inspection. : � �' �;;:�
<br /> ' ,.r;.: 10 Candemaation. 'fhe pr�cee�'s rn¢�y award or claim for damages,direct or consequential.in connectian with any `'�'
<br />`�����'�`•�� r, Sir�1�i1y-Fanale Mite/6YeQdie Mac UNIBORM L�iS77tUM1lEN'P-•Uniform Caven�nts 9I90 (Page 3 af 6 pagel
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