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<br />-_--_�-��_•-_ �Q,� •5. Haiar�ar,.Pt+cp�ty Ins�=�rr���p�il �eep the<�mpmti•em�ts rsar��ciszing ur �an t�tc . ____ --------
<br /> -�`�•� ���a• pi.ppgrtp�ns�s�nst toss isy fire:,ha�+ds 3ucimded.cvitAirt#Ds term'exten�ed rnve�e°amd�ny otttee 4�:�s, ensl�sding =�=
<br /> —=_--.� �a� � �aqds ar tibadino,for wP�ic3�Leader mquirPS insuran�"Yt�s imsurzncc&I�al!he.maintaiaed in tts�aa�otuus�td gor t�ps�iods _--- -
<br />--w l";�,.`�� tfi�t i�c��r�equIres.Ttie inauatcce eatrier providing the insursttoe sball be c�a�n by Borro�•er subject to Lender's apprava!°; . - ----
<br /> -;-_'���';��� —-.--_— _-_-_
<br /> __- _ swtuch�hail�t i�e a�uemsoaatsty withheld.,If Sorrower faits to maint�In cover�,�describc�9 abave. Lender�yr.at I�asler'g __ _
<br /> -- � � agtion,absain wv�e to prot.ec�t l�uder's rights i�the Property in aword�ce witb paragtaph 7. �
<br /> �^� '� All insua�zce policies aad rznewals shatl be asreptable co I:ead�:�e;ttd�hali insdade a standard mortgage etaase.I�e�. � _
<br /> r�,. �,�' ,r :�� shall have the right to Iinld the polisies�ti r�aaw�ls:If Lendea�quirq,l,�omnwer sda�l prompily give to Lender a11 receigts of � . �,'� �- =
<br /> i'``'�`��_'� paid premivas aad reaeraaI natioes.In t�e event of ta�s.Bor�o�ver shalrgive prompt natio�to the insurance caRier ans!Leader. ._
<br /> � •:.,.s1 f��` Leader may�ke pmof of tnss if nat made pm�tJy by Bor�awer. � 4�i ..a' : .�� —
<br /> ` ' `n � �U�ess I.e.nder and Bormwei othenviss ag�ee In writiag,insaranc�pzoceeds sbafl be applied ta re4toraJion or rep�ir of tIte � `'= . —
<br /> � 8 r4 _
<br /> Y �'� ' � . Praperty damaged.if th�res�oration or t�pair is eoonomically feasi'bts and L,cn�eer's s�ity is not lesseaed.If die teswiation oi '= . •' �
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<br /> � ,Fr:...:, .-`-.:�ri�`'���-�. .,
<br />_ ��-;�=�:. ` - �eP3ir is uat wonoaucaiiy feasi'b4e or Lender's se�riry svonId 6c tessened.the imvranoe praoeeds shaq!se upplied tn the svms : , . � ,
<br /> :+s--LT w�]C��••� ' -
<br /> °;�-r�5-_ secured 6y dris Se�rity Instmmcat, wh�th�or ant tt�en due.with any e�ss paid to Borrower. If Borrower abaadons the ��.� '�
<br /> ` �`� - p[opecty.or dces not amswer witivn 30 days a aotioe fro�Leader tlra�the imuiance cazrier has offered to settle a ets�im, then ��`�;"�
<br />_=r�;�;,;'r Leader may.coltect tLe ins�uaace praoeeds. Reedes nsay ase the pr�eeds to re�air os restore the Pcnperly os w pay sums . '
<br /> - - -���'-'`:.° secured by this Seaaity Ins�nt,wh�r ar not t6en due.'i'De 30�day period w�l 6egin whea the nouce is given. s .°
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<br /> 3.,;��.k Untesq i�nder aad Bormwer atherwise agiee in cvriting,aaY apPlir,�ttion of prooeeds to principal shall aa�t eatead or .
<br /> ;���_, . .� posepnne the dnc dr.te of the monthly paYmeats Irefecred to in pa�agraphs 1 and Z or c�hange the am�nnt of tfie paymeats. If `�.�.r; „�'
<br />::..�._ .
<br />=- - nnder paragcapb 2a the`Pmperty is zcqaired by Lreader,Bomowea's right to az►y ias�mance policies and pmceeds resuI3ing from _, :�:;�'_
<br />.._«,�:``���� damage to tl�e ProPeriY Prior to the acqaisitioa shalI pass to L.cnder to t�e exteat of the snms secvred by dris Sewrity Insumnem _�r��:�-_
<br /> -.aa v��r+ � �Y Pn�Z t0 f�C 30QiliSIIIOII. � L �
<br /> r� .- 1 , , 6.QIN�IICgf�flas��d P(a[fCI�OD Of u1C�1DpC[t9��OY[��'�$T.03D��Sti1�OD's�BSC�tO�.S- � ,,;:.`"•`�"-_
<br /> F;,,-; :�LL�.�z Bormwer shali ocwpy,�tablis6.aad nse thee Ptopert}r as Bairower's principal resdense within sixty days aRer t4�e execufion of '��.. '"
<br /> �� ��
<br /> - �. _ ..... fhis 50CUti�t i�ctmment and�s�ll continueto oCCttpy�the PC�Ogelty 2s BOtTOWeT's pri[1Cipol,t+esidence for at teast one.year aRer , ., ��-;__
<br /> the date ef�upaacy.unless I,ender otitenvise agrees ia wriring,which consent s6aU aot be anreasonably a+ithhedd.or unless � '� �"�:�k --
<br />- .�1�;:• - , extenuaLag circumstan�s exist which are beyand Eomower's wmml. Borcower shaU aat deshay. damage or imPair the :,"".�"—
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<br /> : Property, alloa tlte Roperty to deteriorate,or oommit wlaste on the Praperty. Borrower shall be in defauit if azry forfeiture .. :,�=� .:`
<br /> - _- _=_-:= aaron or prooeeding,vr��her civil or criminai,is trrgnn tLat ia l.eadec's good faith judgmem rnutd result in forfeiuue aF the a''�# `-
<br /> � � or othetwise materiali r tfie lien created b th�s S Insuu±+�s*�t m Lender's securi intetest.Bortawer,may ''�'
<br /> . - �p�3+ Y� Y . � ecuritY tY
<br /> atre sach a defautt and reiastate,as provided in paragraph 18,by cansmg the action orpmc�edi.ag to be dismissed with a iuling � =
<br /> '"�5 � that, in Lender's gaod faitb detetmination. Preclades forfeitnre of tbe Borraa�er's interest fr�tlie Pmpezty or othes maie�iaf
<br /> , �• imp a i r a c e n t o f t h e l i e n c�a t e d by t t us S e c u r iry I a s u u m e n t or I.e n der's securi t y. i n t e r e s� I�;i r o w e r s h s il l a l s o b e i n d e f�i I t i f ���.
<br /> ' ,�`.. a r cent
<br /> � � Borrower.durin g the lo�tt a p plicarion prooess.g a ve materiall y fatse or inaccur�inforimation or�stat�tnents to I.ender(or failed ". .;:• ,-.
<br /> .. • ` ,`:' '� " w provide Lender with a�r materia!information)iII vQ�aeciion with the loan evidence�by the Note.iacluding.but nai timited ;��.:'.
<br /> _ , yJ��4� ta.rep�tations conc�eeming Borrower's occapancy�of the Fsa�ey as a principal residence.If this Secutity Insaum.,°nt is on a •� ` • .
<br /> ,i_. _��=�.. teasehnld'.iix�rrower shall oo t with all the rovisions of�lease. If Borrower fae tide to the Propen.�� the . .
<br /> -� �-'•�:y�,. . �P Y P ��
<br />__ �_.`%?,;+_ ' leasehold;�ihe fee 4t3e shall not merge ualess I.ender agrees to the merger in writing. ` ,_ .
<br /> ' �°�' =� ?.R�o32�on o£G�der's Rigttts in the Property.If Borcoaer fails to gerform the covenanu and agreements contained in "� ��"` .
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<br /> >•;���,`�•. : this Seauiry Instr+�er}i,or there is a legal Proceeding that may significantly affecx Lender s rights in the Property(suc6 as a ;; � '
<br /> �`� � '� rooeeding ia 6 t mbate, f,�r oondemnation or forfeimre or to Cnforce laws�or re ations).then Leader ma do and r f � �
<br />.,: :'''�f;;�� ,. P ankruP aY.p � Y :�� ..
<br /> ,��L`�'����,�� pay for�. �h�ever is nacessary w Qrcrc-et the valne of We Propecty and Lender's rights in tde PrOperty. Lznder's actions may �.<<���;'�,.,
<br /> ,-�',,� includ�p.�y'in� any sams secured try a lien which has priority over this Secairity Instrument. appearing in couit, paying �rr,�+r,�rt�
<br /> '� . . re�nable attoraeys'fu�end enterin on the Pro to make rs.A[tho Lender take adion under this 6 �. � -� .��
<br /> '�,,.�,,��, S P�Y � � �Y P�P .i�,�
<br /> Y„���:�, . . 7.�nder does not have to do so. , , • � M � •
<br /> -"�"�' An�* acnounts disbiuseA by Lender under this paragraph 'I shall beoome additional d�bt of Boa�+u�er secured 6y this � • ��.�?�?� ";'�'
<br />- - �-- . S e arrity:D��trament.U n iess B orrowei aa d L�d e r agree to o t her t:rms o f paym e n t. t h e s e a a�o u n t s r s h a l l @ e a r i n t e r e s t i'r a r�t h e . . �.,'�.`;::� �S:;�
<br /> • . � daGe of��bursement at the Note rate and shall bE payable, with interest. upon notice fra� Ixnder co I3crrower r�qu�ting �°
<br /> , ' PaYment.� . - - ��� . .�ii• :
<br /> � •Y'r.:'
<br /> • . � 8.Mortgage Ia.�ut�nce.If L,ender required mortgage insurance as a aanditicp of making the laan setur�ed by this Security = ' � � '� �-'
<br /> . `: • � instramer,x,Borrowe�r shaq :-•.��. -� `-
<br /> _�. ' � �,;,,�s�:,l.;'r, . PaY the premiums required to mainrain the mart��ins�uaz�e i�effe�. If. for any reason. the �ay_
<br /> :��.,;�;V,,.`;. mortga�:L�tsttrauce oovetage requlred by Lender lapses or ceases to be in cffe�,Bonower stzall pay the premiums requited to ;,,;' `,�
<br /> �• � " , . obiain coveeage substantialty equivalent to the mortga�e insurance previously ia effecx,at a cost substantially equivalent to the . � .,�
<br /> '� �• oost to Boaawer of�mortgage insurance pteviously in effect, from an alu�uate mortgage insurer approved 6y Lender. ]f . • � ,r .,
<br /> �" °`-;•-'� �..�' subsiantially ex�uivaleaf.�ottgage insuranse coverage is not availfible.Borro�a-s:iall Fay to Lender each month a sum equal to . �,• x
<br />' "�:�,-': _= � one-twelfth of the yearty mortgage insurance premium being paid by Borrowet when the insurance coverage lapsed or a�sed to �-
<br /> =`;��;:`,': � be in effet�.Lrender wiU aocep�use and ntain these payments as a loss reserve in lieu of mortgage insar�uu�e. iws:, r�serve • `�.
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