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<br /> "` Rs 4:' periods that Irendet cecNir�s. '�e'"`�-'�°ce cazriea pmviding the insruaace shall be ci�osen by 8oaawer u 3 L �.,�.-,-
<br /> dcscn'bed a6o+e,L.�L�r a�y.at .�
<br /> �,.,4i `..'r val pvhic�shall not be unieasonabty wtuhheid. Ff Boirbwer faiLs w maiWain cov,arage _
<br /> � L e.�nde'r's aptioa,ohYain caveraga�o pmusf L��ts's rigfits ia thc Pmpeny ia,acaoidsac�wit�Pat�S�Ph 1. �
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<br /> � ` � � Alt insurance polisies and rtuewats shall Ere asxePtab�Q to Leader aad shall iact�de a smnda�d mortguge ctause. Lendrr` - _-_
<br /> _ "�", . , . • shall have the rigttt w[iqid dt�pol�cies azW tenewa3s. If Lender reQuire.s.Boaower shari pratngsly give to I.ender att r�c�eigs� #r `� �- --
<br /> �•'�.t ,. '.`• ' af aul pTesniums and r�ne w a l notices. I n c�e e v e c a o f l o s s.B o r ro w e r s b a ll g'rve p r o m�i rtotice ta the ias�uaace rarries aacd ' f�i ____
<br /> ;, ,._,:�- i,�,,���y�e gs�of af lass if not made gromFd9 by Botrower, helt w c�stusauon os�epair of, " R- -- __
<br /> . LJnl�s L.en�er and Borrower othecwise agcee in°niting.insuiance proceeds stlati 6e app' t �:�
<br /> damaged.if the rastoradon or cepair is ewnomic�ily feasi'ble and Lender's secunty�.s not tessened. If the ;` - -
<br /> . ��PertY wauld be lessated.the iia�ranc8 Pr��shall 6e � '- --
<br /> '° ' ' �storation o r cepair is not economi�altY feas�'bie or Lendeis security �--,=�-R-..�..- --- _-
<br />'�:` ` . -` aFP�ed to che sums sec,ured bY c�is Secarity Insnument,whether or not�hen due.wit3 any e a c e s s paid co Borcower. If ��_�---- _
<br />...;�` Hosrov�er abandons the Froperty.or d,aes not answet arithin 30 days a notice fram lxa�der t6at the' tmsoraace caric�� a�_ _-- —
<br /> � , Lender may�e tha psocceds od w� wheu �s � -_ T —
<br /> offered to secele a ctaim,then Lender maY collect���wP�aot then due.The 30-day p &�
<br /> --_ , . � ar to pay svms sec�ned bY this Sec�niry . ��-�-___— ---.-
<br /> ' . ProPenY
<br /> � thenotice�.,giv�n. ����y appliexrion of proceeds to�ris►cipal shail noc extessd or , _. _
<br /> ;�,,�'� ;. � UnlESS Lender and Borrower atheiwise agree 6s l and 2 or c6ange the amouat of the pa}rraents: If . �r�`•� -- -
<br /> I-.. <; gostgor.e tfte dae date of the�antfilY PaYmenu Iefened tss in paragrap � _--
<br /> �4 ,,. . .,y�er paiagr�ph 21 the Pt��y is acquiced by L�►d�c,:�orcovrer's rig6t to any insurauce policies and pmeeeds resutting , -�:
<br /> darnage to the Prope�;t�=ar to the acq�isiaan sha11 pass to L�ader w the exteat of the sums secured by this Seauity i ;;:;._�; ---
<br /> � < .' . . � � em immediaiely piior ta die acquisitiun. � IIrdtion; � ��i",..'_-
<br /> ':�: 6. Oc�opaaey, Presesvatton,Maintenance aad �'a3ectiu�.'a?tiie Yrapert9� Boreawer's Loan APP ,
<br /> � ,' . � � ,•�i�se4�oids. Bozmwer shall QC�PY•estabfish,and nse the Fropescy�s garruwer�s principal�deace within sixty days aft� _ __-
<br /> � h as Borrower's al residence fos at .Y �
<br /> ,�� :`��._. ; ii9rt ex�tioa of this Se�urizg.�nstzument and shall consinue w occupy the PmpertY PnA�P
<br /> � . unless Leitder othe�anse agrees !n wrim►g, which consesa shall aot 6e .:� --
<br /> fzast one year�aft� t6e d�e of-accu�ancY•, �..-
<br /> �:� : ��'�..' ' uaseasonabip withhetd or anless extenuating cucwnstances exist which art 6eybnd Borrower�s contsol. Borcmwer shall aot , y�r.:�:�__-
<br /> aliow die Pcoperty to deteriosate.or eo+nmit waste on the PcogertY: Borrower�shal3 �._;�;;�
<br /> d�+nY,damage or impair the Ptapeny+. whether civil or criminal.is begwi that in Leadet's goad faith}udgmeat � :==_-----
<br /> � ` • 6e in defauit if any forfeixnuu+�ac¢ion or procceding, '-'��-.
<br /> . .;.�t.�, ., •� could tesult ia farfeipue of the PrapertY or atherwise materially impair the lien created bY t�8�n' �m�on . , , '�''';�`-i�--
<br /> . �.- .._ .. ovidedin paraScap .�._ .: .;
<br /> � Lender's sec�uiry intetest 8acrower may cure sucL a e�e£adt and ieinstate.as pr w,.!
<br /> Iudes forfeit�ue of the Boirower�s :
<br />.. � � m proceeding w 6e dismissa�onth a n�ling thaL in Lmr�rx's good faith detenni�tarion.Pre� Insuument or Lender's securiry _ -
<br /> inte�est in the Property or¢tt�er material impairmer�aE the lien created by this Secunty ve materiall false or �,�.�� " ,. _
<br /> � � ' , interes� Borr4wer shall als� be in de f a u It i f 8o c r a w e r. d u:i n g t he toan a p pl�caaon pracess.ga y '�.. -
<br /> .. f imecuTate informadan or statements to Lender(or failed to provide Leader with any material aifomiarion)in connectcan with , _
<br /> ' � ` the loan evideaced by the Note,If this Securiry noinstrumenc s on a le�asehuld.Borrawe�r shaU comply wid�all tf e prov'uions . ��,. °
<br /> : �t<fs+;:., . ,y E'topenyasaprincipal�esid,,�_• .
<br /> „<,,,,;, . , • of the lease. If Bomuwer z.s�:i_'�s fee titte to the I'copeny.the leasehold a�►d the f��i"1e shall not merge unless L.�nder agceees ;�;,�,,�
<br />. �� ,�, . . to the meiger in vvriting. � if Borrower fails co�pefform the rnvenants and ageements :
<br /> 7. Protection of Lenders R[ghts in the Yroperty. icandy affect Lender's rights in the ..�;`� .
<br /> . ` .. , contaiaed in this Se�uritY Iastrument,or thera is a legal pmceeding that may sigaif' _ � .t-'
<br /> • in bankcuptcy.�robate.for condemnation or forfeinsre or to enfor+ce laws or regulaaons).then ,�
<br /> � pmperty(such as a pmceeding :��� ,
<br /> � ' � � •� " LendEr may do and pay for whatever is necessar}►to protect the value of the Pre�ecry and Lender's rights in the PmPertY. . � 1
<br /> - ' � � Leteder�s actions may u�ctude paying any sums secured by a lien which has prioriry over this Securiry�Inswn►en�appeating
<br /> � , . �court.paying teasonable attomeys'fees arid entering on the Property to make repaits.Although Lender may take acaon .';.�;.,.y� .
<br /> - ' h 7.Lender does not have to do so. �. �� ' �� " �` �
<br /> � � ' � �r�p�p h 7 shall become:.dditional debt of Borrower secured by this, , . �—�="
<br /> -1• ' qny amavau disbursed by I.ender undet this parage�p �= i�''`-'�i�_
<br /> ;�;:�r ;, :� � Secariry insm�m�xn� Uat�s Borrower and Lender agiee to other tem�s of paymen�tfiae amounu shall bear inte�st from t� "-'�..;�
<br /> ,-s"�:� �;� • , d�te of disbmsement atd�Yote rate and shall be payable.with inceresti upon notice grom Lender to Borrawer req�saa� a;=�.•: .�
<br />`'-��`;�fl);; '`" .� ' raYment . . . '-• �
<br /> '.-•s��;�'`. .,s .,•,. .,I & Mnrtgnge Ins�d.�ce. If Lender required mortgage insurance as a cansii�on of making the tous'�:s�d by titis '
<br /> �3 '' � ;- . • g�uriry Insttument,BattcLwer shall pay the pcemiums required to maintain �ie mortgage insurance in e�es. If.for a�y :; 'f.y�.
<br /> �� ' . :'.':�i�• , �� �m��e ��� caverage required by Lender lapses or ceases to be in effe� Bortower sfiall pay the � . �
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<br /> i` : � ptemiums requind co oa�.:in coverage substantially equivalent to the mortgage iasurar►ce prviously in effect,at a cost . _ �,-
<br /> uivalent,rs t�e cost co Borrowes of the moagage insurance prev�ous�Y,in effect.from an aitemate mortgage °.,��t'_�
<br /> substantially ec! " '
<br /> .-f�. : .': � � ���pp�ved by Ler,r�: [f substantially equivalent mortgaSe insurance coverage�s nat availa�ld D Borrower when the .�� `,f �!;
<br /> � . , °.r..' L.endes each month a s�d eclual to one•cwelfth of the yearty mo�4gage i�u:ance premium 6eing p ' Y . . - : . -
<br /> : �• � •�" insurance ca�c�ge lapsed or ceased to be in effect. Lender wdl arcep�use and retain these payments as a loss resecve in lieu . , . . �-
<br />-.�•,. � . ' of mortgage insutar�r,e-.I.ass reserve Payments may no longer be required.at the option of Lender.if mortgage insurance r�'
<br />--�- . ..�-'... , . ' coverage(ia�he amow^.c ac.d for ihe penod[hac Lender re,quiies)Pmvided by aa i�su�er approved by Lender again becomes '� . ' `' .�
<br /> - � ' ' availabte and is obtai.:ed:.l3norrower shali pay the premiums re4uired to maintain,m�ortP,age ins�uance in effeM.or to provide a ':<�_
<br />� '�.;�. . . ends in accordaztce with any.wntten agseement between Bor�vwer j . .
<br /> �� � � loss ceserve.w►dl the re�uuement fos mortgage insur�ce, , : :::. +';�
<br /> k � . . aad Lenderca applir,abie law. . ' Lender shail � ��`,-��;;:� .`��
<br /> , . . g. Inspecttoa. Lender or its agem may make reasonable entries upon and in�pections of the PcopertY• ,., ' �
<br /> ;��a.'-, . - �• . . give Borcawer nouce sz the time of os pnor to an insgection specifyin��easonable cause for the iaspectian. -' �
<br /> , 1;;�,. . . 10. Condemnat�ac. 7't�e pmceeds of any award or claim for damages,di�act or consequential.in connection with aay
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