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<br /> �`�"`" s ° -�t rinds that Lendes 1tt�,insw'�aca c�ier vidin the iasuraac�shal1 @e chc�„sa by Suaawes le o I�tder� .
<br /> --_:�_.kfF..._� --- - -! ,pe ce4uices• Pru &
<br /> —_�-;.1a �,.:��``�=. agpmval v��ich s�a.11�t 6e unreasoaablg�vvithhetd Iff Borrower faiis to*�,Aan in COVCi'd�C Q£SCfi��II�V`°.LCIS�Cf tIls�j�,a3
<br /> _-"°'..:"�" •_";.��.=. Lacd�r's�gtioa,c�taur cover�ge to prat�t Lendzr'�rip,hts ia th_Frageny in a�cvndancs a�►tta Paragxaph 7• �
<br /> ,`' '' * � ,..'' ` • A!1 insurance polIcies ead rer�e�vals'�haU 6e ascepsu�bte to I.cnder sitd shall mciu�u stand�rd martgage clause. Lende� .,
<br /> --_-- .��1:<...,-�;_" ` � shalI have the ri t to ho2d the laries�d reaewaL9. af Lender F�mFUY� �P
<br /> tequires,Bormarer sbaU� ue to Leadet all m,ce' Ls �
<br /> — _ ...- �: .:�< .� � p°� • —
<br /> == �_�S.Y; �,}:;;r::: ef paid.psemiums aud�eu�val nbtices. ta the etirent of loss:Borrower&htill give pmmpt aatice to the insuraaae c�rc�e�td , .
<br /> t ' 4 �:_,..�i �.euder. Le�sier may matoe proof of loss if Qot made P�'o�Y�Y Sonnw�r. .
<br /> � Unless Leaiter aad Boimwer othe�rise sgee ia wnting,insurence pmceeds shati bz applied to restvraeion or repais of ,�
<br />:=Y..•`•� .° • , `�''<� [h� ptoperty damaged.if the resiorsnion or rrpair is economica4ly feasz'ble aa�Leader�s�,ty is Qai tesseaed. IIf t}t�
<br /> .�•, � restoratiap or cepair is imt eeaaomically feasib2�or Leeder`s sec�iry�vautd he lessen�,the iaswance ptoceeds sbafl�
<br />:":;:�=_`c, �'��_'�-- - . . appIi�d ta th$smns sec�ed by dris Sepuity I�uir�mcnt,w�ei&es or not t�en due.witfl say e�ss g�d to`��� tf- -_ � .- _
<br />��. � �. �:a � �arior+er abaadans t2�Pmperty.or does aot answer witHin 30 days a nohse from l.eader t?�L tke insuiaace carrcer.ba� .
<br /> ';r-�:-_..'�: :°±'.' •���- ,OffCi�LO SCTiIO 8 CISf�1.tIi8C11 LRII�Cf tlt�1}t COIIQCi tI1C inammCC�:OCCP.d9. �.etider may use ttte pmce�ds co repau nr zesto�� •
<br /> '''�- •�w ,;��'� `;. "� � the Yroperty or to pay sums s��ned by th�s Security(nsKrum�nt,cvhether ar nnt then due. 'I�e 3Qday period will 6egn wflen
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<br /> ,�1�;�,��:�i::�,::�,,� ; ti�e n�ti+x is given. " . . . .
<br /> Untess I.�der and Bmrov,er otherwise agree in waiting,$ny app�on of prt,ce�ls 3o principat s4�all r[crt exte�d�
<br /> � .F�: `• . t��� postpone!he due daie of the mantNy gay�ents referred to ia pai��gtaghs 1 and 2 or c�ge the.amoamt of�tz�ts..If . . �
<br /> -- `�''''';",''' ander h 21 the Pns �s h i.eadar. wer�� to aa msurance �cias�d ratutba
<br />_�;�,'.�_Y°- P�"� F�Y� � Y �9m 8� Y P�� 8 ' .
<br /> "--` .--.���r�"=�� fmm damage m the property prior w the acquisition s6all pa$s W Lender to tt}e extent of the sums scc�utd by tivs Sxurity .
<br /> �':. � .��'-,�-�';== Iasu�ent imme�ately prior to tl�e scq�cisitiun. ' . � • ,
<br /> ��:, :'��;;;�`:;"��_.' 6 �, P:+eservatiaQ, Matate$aace aad Protection�at the"PropestY; Bosrmwrs's Lm� Ap�stic�da�; . �.
<br /> �`.,:�°.;:�s`(t,z�, Y" I.�sehuid�. Borcawer shall occupy.esrablish�and ase the Pmgerty as Bacawes's pr�cipal residear�e within siacty days af�er
<br />:`�f`i'.'::�.,�:.-.;.��' � t1�e exewtiun of this S�cauiry Ins�ument and shall cantinue w acc�gy the pinpecty�s Boirov�ar'�p�scipai�ide�fa,sii `
<br />-��R::`�'-';•�,`"?��..." ; Ieast one year afrer the date of accupancy. w*�less Lender otItezar�se ag�ees im�vniting, wtuch oons�ent shal� aot Q�e .
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<br />`�-,:r:::.:+;.�� •_..�': amreasonably withheLl,ar�Ixss exteauatm$riretttnsmaces exist whic6 are beyrand B�mwer�s c�tml. Bonower shall e�t
<br /> ��� . ,� desuoy.damage ar imF�'��F�Y.altow dae Property w deteriotate.or cummit waste o�a thc Propetty: Bnrrawer s6alt
<br />,�- '�;----,. 6e in de£anit if any fosfeimce aaron or proceediag,whethac cit-�or criminal.is 6egtta lhat�I�cnder's g�d f�it6�dgment .
<br /> '��'�;���:.�:.�.'�,--�. ' . ranld xesnit id�forfeinme of t�e Ptopeaty or othe�rise mnie�ially m�nr thz Iien ctpated.try dds Se�rity I�.st�aau'nt�r � .
<br /> :�..=�� _<i:..x � • � Leader�s secarity mtecest. Bormwer may c�u�e sacb a default and reinstate,as pnovided in�Putagagh 18,by cusing th�actian
<br /> � ,'•. .�::.:� `. or Pmcee�ing w be dis�ssed arith a niling that,in Lender's good faath detemunntio�PrecG�Ees forfeitu�e of tlee Bamwer's .
<br /> , .. • inte�sE in d��P�Y or other material impairment of the liea cicated by this Secarity Ins�maetiQ or l.ander�s security . .
<br /> _ •c,,..,• •
<br /> __ �'�:'�.��1'��'=-� int�t Bairower shall also be�in default if Boirower, daring dte toan application pmr.�ss�gave maurially faise o� � ' _
<br /> `°,,;�_�zr�r� — , • , •
<br /> �::',:•;t':?Y�,> . : :; �na�a�ia€c�ation or statements ta I.ea�er(or failed to provt�I.eadcr witb any�al mformation3 m�aa with
<br /> ' ` �+'t` the toan evide�d b the Nate, inclu ' pzncy�of the
<br />-_ . ; ,,,� ,, . y diag,but not lut�ited w, regiesentationa cau�ni�sg Bormwers oce�
<br /> `' `; Pcaperty as a gsecip�msidence. If tZl1s S2C11i1t}I TDStri�m nt iS OII 3 ICBSeIe`II�d,$OI[ONCr S�f21I�COA7ply Wi1118II tliC g[UVISif�LS
<br /> t , 'f of the lease. If Borcower acquires fee titte to the Ptoperty,the leasehoid am�t�ae fes atte sha11 aot mer�anless L,e�der�s •
<br /> .��.s,.,< . � . • ,
<br /> �«�`S:.>�:��� to rt:e metger in wiiting. .
<br /> � ;.'``�' � :' 7. Protection of I.ender's Rig6ts in the Propes� If Bormprer fails to pesfomt the covenants and agise�neats -
<br /> a��5� •
<br />:;�',;� .. �� ` .•
<br /> , .. „ � cont�ined�this Seauity Insoiumeat.or there is a IegaS Pioceeding thai may sigaifcsanQy affect I.ender�a rl�hts in the .. '
<br /> `,:.. . � ', . .:,�,t , proPert3+(such.s a proceeding in banluuptcy,probate,fos condemnadon or foifeiture or w enforce iaws or regulatians),then .
<br /> , Lender may dcy�pay for whatever is a. ^:�sary to protect the vafue m�the Property aad LendeF�;rigt�ts in the F'toptrty.
<br /> '�.',�� . Lend¢r�s actions c�ay inclade payiag any�secured by a lien wfdch�as griarity over this Security Ingt�rament,aPF�B '. ,..`� ..
<br /> , �;"n:" ; � in eoun.FaYing�asonable auomeys'fees ar�enteii�g�the Pr+opeity to maice zeysus.Althang8 Lender may taScti aaion .
<br /> . .� .,,�;`.. under.this pazagraph 7,Lender daes n�t have to do so. � �
<br /> ..� �. ' Aay amoua�disb�rsed lsy Lender uader 4his PdragraPh 7 shall becnme addiuo�al debt of Eoira�rer secured by this
<br /> .. � Sec�airy Instrameut. UWess Borrower and C�:der agee to other terms of payment,these amounts shall b�ar interest fram tt�e
<br /> , • . � date of d'ssbws�mant at the Note rate and s�.:il 6e payabte.with int,enest,upon notice from Lender to Borrower reqirestusg
<br /> . . payment
<br /> : . . � • . � 8. Mortpge Insurance. If I.ender required morc��e insurance as a conclitimn of making the loan seoured by this
<br /> � Secrarity Insm�ment,Harrower shall pay the premiums�red to main;ain ttie�m.2�age insm�ance iu effect. U,for any .
<br />:�°.�- .::-•��''. ' reason,the mortgage ins�aance coverage required by g.ender tapses or c�s_�s w 6e in effect.Bmrowet sha11 pay the
<br /> ': �� , . .' premiums zequited to abiain coverage se�tially equivAtent,to the c�:r.,gage insurance pteviously in effea, at a cost�
<br /> :' • substandally eq�a.�alent to the cost to Baac��r of the mortgage insur�a:r.eviously in effect,from an altemate mortgage
<br />=&�' ' � ins�'rer approved 6y Lender. If substan6a:?�equivalent mai�age insurancr o:�erage is not available.Bormwer shaU pay to
<br />�?�. �':�'�;: ' � Y.�n�xr each month a sum equal to one-twelfth of the yeari�mortgage insuranc�premiwn being paid by Borrower when the' �
<br /> s ' '•'`S'�' � inscerar►ce coverage lapsed or ceased to be in effect. Lender wiU accept,use and retain these payments as a loss reserve in lieu
<br /> , ;,�,,�, _ .
<br /> • af mortgage insurance. Loss reserve payments may no longer b$required,at the option af lxnder.if mortgaga insurtmce
<br /> '�� � ':: � � �' '•! coverage(in the amount and for the period�at Lender requires)provid�by an insurer approved Dy I.ender again becomes
<br /> �� available and is.obtaine4 Borcower shall pa��d:,e premiums required to�'.ntain mortgage insvrance in effect,or to provide a
<br />'-��:� ' r�:;reserve,until the requirement for moagr.�e insurance ends in accordance with any written agceement between Bairower
<br /> z�, . , a,r�Lender ar applicable taw.
<br />- - � . • 9 Iaspectfon. Lender or its agent may make re�asonable entries upan and inspections of the Pcoperty. ffr�.der shall
<br /> � � give Bormwer notice at the dme of or prior w an inspection specifying reasonab2e cause fos the inspection. _
<br /> " 10. CondemnaHon. 'ITie praoeeds aF a�y award or claim for da�es.di�+ect or conseqnentia?,.'rt connection with any
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