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<br /> < S. i�bt�pr�tir Prapert�r I�aacs. &s�ower s�all kee¢�tlie�ia�r4vem�u ntsw a�stieg�i�r.�ezcaf�rr sr�ctrai'op� �«
<br /> pro�rey insur�c�gio�s tass�y fire.�r�s ia:,idd�witiilri`th�Lrm"ext��i.c��eragc".�3 u4Y:vthcr�hazszeis.�r�i�ln�, � —
<br /> .< itoads o�8crgding,f4r which�.�ridea req�r�ia.tutat�.3'�4��si..urarse'�hal1 be`�nair�aiaec�u}the aYnosius atxi�'ur dhs�c#o6i,�� �
<br /> ,�ttFas�ndar r,�uires..Th�insutana�carrier.�ro�ri�idg thc xnsur.n-�.a.shaU i�e ctznsea Gy Boyzotiver su�,�ecs to.Lcndez's agproval .
<br /> 'wi�ich s't�ll s�oi I�unr�arisbZS wltbhelrt.lf BonoK�er f�ifs ta�intain�ove�^.,�e desrrI€secl aF�►v�,�eade:n�ay. 'at'�nd�r,s . _
<br /> � •��o�tsian,obtaia eo�:�e ta pmtect Y.�suier's ris�is in tl�ia Froger�,in accordanc�witb�p�rnrngtaPh.?. � � . � .
<br /> AIl ins�sance paiic}es and ren�vals sj�a116��cceptabie to Le�t artd�h�61,fncfude s 5ian�ard murt�claus�e. II�nder'. ' , ..
<br /> � sh�il i�ave t�a,dght to ttoirl the pnlic�£s a,-�rcnew�ls:If T�er�dea iequires.�orraF��r�ha�!ptomgtfy glv�to�ei�tier a!t r�..�:�sS gf '�
<br /> . (1�7ItI tff@2itlili114IE7kI YC�.CW3I if�IiG�S.In tl�evem of[oss,�omswer shatl�,ive pro�nviica,to t�e ia�umnce�urlei 2rA Le�ies. .
<br /> " Lend�r m�y make prnof c�f loss if not,mmde�rampuy by florrower. . � ' .
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<br /> �inlcss,�rzd2s ua�gorrdv�er othztw#s�ag�in writing,insv�tsrocee�s�li tse�pp�ieQ tb m�2oration ar�ep��6f the __ _...—
<br /> Properry damaged:if the res¢oration rn rcpair�s e�okasnic:iliy�'easi6te and Lender's seawrity is nas ia�ed.Yf eiis restor�tion or
<br /> repair 3s nat�ecoaoinlcaiZy fea�ible or Ler.der's suauicy woutd be teasened;the inswance proceed.s sha!!6e app�iod tn tbe mms . . .
<br /> � xecured by th�s Security Imstcument, wPtether.ai not thea c�ue.caith any eacess paid to 8arrower. i€BaYrovrer�baadons t�tc`,
<br /> Frvperty.or does not aaser�r within 30 days a aati��mm I.ender tlrat W�in�uranc$ramier iias�fferc�w seuIe a ct�iat,ihra� . . . —
<br /> LenQer m�y ao}2ect tiie ltcsar�an�pi�s. Le�er may ase ihe�Srocr,eds tp repair or restore ttie Praperty or eo pay s�s
<br /> sesurcd by this S�u�t`ty Insnvaiznt,wheaher or.nat then due.The 3Q�day p�siod cvill begin when the nnEise is giVCa. �'
<br /> . . [Tnl�s Lender attd Bnrrowet atAerarise agree in writing. any appiicaHon off praoeeds m principal shall r�at e.xtead or ---
<br /> _ � �1s'ssyone the due date of the momhly payments refer�ed to in paiagrap6s 1 aad 2 or�chaa�ge the amaunt of the paym.,-nts.if .
<br /> u��r Farayraph 21 t�e PecPeriY is ac�u�'ed&5+Lender.8oF[OweT'S tight tu 84y iitSU!'3IICe pOIiCIes 3IId p�pc�ds[e3�.11iit1a f,�unp , �
<br /> damage 4o ehe Ptoperty Prior to the acquisition shall pass;to I.ender to tbe�xtent of the�ums seciued by this Security Instrum,.°nt � .
<br /> immediazeig prior tn the acquisitioa. . • . �
<br /> b.Occupancy,P�ervatfon,Maints�ance and pimtedion a4 tE�c Fmperty;B�orrower's Laan Applutratdan;�.easeho4ds. '
<br /> Barrower sh�U oaupy.estabtisa,and use t�i�e Fcoperty as�orrower's psincipal resid�ce within aixty days aftep Ne execuiion af' .
<br /> this Security Iasuumeat aad shall oantinu�to oowpy+the P�soperry as Borrower's-priacipa4 resideace for at teast one yea�aftts .
<br /> tfie date oF occupartcy,unless Lender othetwise agrees in writing,which c�nnsent shall,not be unrrzasonably withhe2tl,or nnless
<br /> exte�ating eiraimstances enist whid� are beyarid Borcower's comrol. Borrawer'shall nnt destroy, damage or impair th�
<br /> ' , Property,alloW the Prc�gerty,to dcteriorate, or cumrlrii waste on the Property. Borrower shail be iu defauI4 ef aay forfeiturc �
<br /> actioa or pp§�.di�g,whether civi'1 or criminal,is begun that in I,cnder's goad faith j�dgment could resalt in farFeiture oi t�e
<br /> Properry or��ri�cr�se materially impaIr the lien created fs�+tUis Seairity Insauurtem or I.ender's sec�uity iaterest.Bc�rrower may = -
<br /> cure suc6 a defz:�i�rttrnil reimtate,as pravided in pacagraph 18,by causing the action or pmceeding to be dismissed with a mling •
<br /> that, in Len�er's g�o�od faith determimtian, precludes forfeiture of the Hoarower's interest in the Praperty or qthez Reatcrial —
<br /> impairment of the lien created by this Security Instrument or Lender's security interest. Bortower s&all also be nn default if •
<br /> Barrower.during the loan application pracess.gave materialJy false or inar,curate information or state�ents w I.ead�(or fuled
<br /> to provide Leader witb any material information)in connection with the loar�evidenced by the Note.incluQing.bus c�t limite�si
<br /> to.representations conceming Borrower's oxupancy of the Property as a principal residence.If this�s�ty in�cn�:-��i is on a r'h"
<br /> leasehodd. Bormwer shall comply wlth all e�provisions of the lease. Ef Bosrower.acquires.fee ti.te to the property, the
<br /> teasehold nnd the fee titte shall not merge anl�s 6xnder agrees ta the mergcs i�wrtting. ��
<br /> 7.PrdiectIoa of I ender's 14�tts in the I'toperty.If Borrower fails to�ecform t�.�oovenanu and ageements o:�sined in �`;�-
<br /> dus Seeurity Instrument, or then;is,a lagal proeeeding that may significandy affect Le�ier's rights in the Pcoperty(suet�as a ='-���
<br /> prooesding in bankruptcy.pro�.aae;t'or condemnatian or forfeinue or to enforce laws or regulations), then Lender may do and � '``_
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<br /> pay for whatever is r..�cess?:.�t�'pmiect the vatue of the Properry and l.erlier's rights ia the Property. Lender's actions may ��°;
<br /> 6>:,,_
<br /> inclgde paying anl �:..s r.�az.*�tl by a Jien which has priority over cL-;;�Security Instrument, appearjag in court, �aying �-�•
<br /> reasonable auomeys'fees.and c�n:rirtg on,the Property to make repairs.A:;:sflugh Ixnder may take aetion under this paragraph c��--�.�_
<br /> 7,Lender does not have to do so. • ' ��r�ry�
<br /> � Atry amrnmts disbursed by l.ender under this paragraph 7 shall bea:�e additional debt of Borrower secured isy t8is �
<br /> Security Inst�tune�:_Untess Bonower and txxirSs:�c agree to ather terms ag�Llment,these amonnis sT�.til bear interest from ti� _ , -- --
<br /> date of disbwsean�at the Note rate and�l.i,Ge payable, with intere�, 4�on nptice from Lenb�,r.o Borrower requestim; ---
<br /> payment. � - .,. '��
<br /> 8.Mortgage Insur�se.�EE.ender requir�d mortgage insurance as a cor.u_����cf�^,.u'sing the loan secured 6y this Security __
<br /> Instrvment. �otrower s6all pay.ti:•z premiums rrquired to mai�tain the�c�t�;age i;:;:�.�^,�.ce in effect. If. for any reasan. the �.�=`�.i
<br /> . mortgage insurdnc�:r..�vPrage req��;vred by Ler.�fapses or ceases w 6e in effect.Borrower shall pa}:�°_e premiums required to ��_i��;�*��_.
<br /> obtain covera e sal�e,�r,tiall ".., •�'`4=-
<br /> g y eqc;valent to ttw n�aitgage insurance previously in effect. at a cost s.:ir;��:tially equivalent to the •-°--• �-
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<br /> cost tm Borrower of�'�s mcrc�a�:�nsurance previously in effect. from an alternate rs��r,�sge ins�rer approved by Lender. If :�G .
<br /> subst�..�ally equivale�t�o�:iasucartcc coverage is not availabte.Horrower shall��y ta Lender each month a sum equal to �:= �._-.
<br /> one-twelfth nf the year[y moagabe insurance pr�ium being paid by Borrower when the insurance cov.erage lapsed or ceased to '-
<br /> 6e in effect.Lender will accept,use and retairs u�s payrnents as a loss reserve in lieu of mort�ago insurance. Loss reserve ,�
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