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<br /> __��__ ��5. �rd or ikupwtv-ta�ranc�. Bo�t�cr sha�t &eeg t'r�e iu�av�mctt��rusw�+xistiag cr ts�ftcr�i�t t�z'r �c. .`� .:
<br /> ___—____ `Pmpeny iusurea against toss 6y firr.h.a�ards inclutEed wit�iiz t,3�e terru 'tEtetilC�L'd�Ygi'�C°`aa�any attbeer Isaraxdi; inch�dir� .� . � -
<br /> ---_- - � tIauds or fIoQd'ia;.tlu whicb Lend:r rcquire's insurau�e.,'t�is Ic=s�:uanee shalt i�e craintai�ai•va tlse:ths�urnx aira�f6r t�.peexxinck �
<br /> _ - -_ • •t�at E.etnder cequices.Th�uaurans�'carrIer pmvt¢ing th�Inancat3�e s�all be chas�hy Ba�rntwar so8jtct ta I�cnder's a�prowi�l � •
<br /> _______ wt#icfi'shall not be�aareasonz6ty withheld: IF Bo�znnvver fails to.maintain coresage described�bovh L�rrRbet nwy.t�.l.eada�"� ' . . .
<br /> � �= •� ap�iaa,Q6taiaz aoverage ta pro�t Lender;s d�is dn tQc 1'roperty in atao�ztance vrith pas�ph?. , � � . � ` ` ,. �
<br />_=�1��� , All i�sua�¢s�e policies uad renewa�s s�n14 be ac�ceptable to Leuder and•�ftall,.i�m�ude a�stai�darct�mortgage ciac�st. bendt�`�
<br /> Y A;r�. ._r s�ll 6ave the righe to hoi�the�olicies tsn�cer.ecvals.if Lendep reqvir�S.Borm�er s�all pra�dy give to F.ender nll repeipt4 flf . . ,
<br /> �- 1:.. ' � . � paid�remiwns attd teaewal aolic�s.In the eti�ent af lossr Epimwer shall give g.�amn;aati�e w the fnc�r:+n�c�t�er asr�.�kt, _ `_
<br /> .,... - - --__.__
<br /> �`-���.� � ���Y�P�f o�'ioss if npt mEde prnmptlY by Bor�a�wer. . 2, • : . , �
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<br />,��_���•,�.�� � Qnless I.endez and Eormwer'oLhernis�a�ree in c+rriting.insnransc prace�ds sS�all be appliwt ta rest�rutioh ar cepai�of th� ,
<br /> '°°-'�-"'"��*� Propeity dainaged.if ti�e iestoratian or repair is eaoaomically feasible and Lender's sear�isy is pot I..sset�ed.Ii the racstcrration oz
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<br /> �� _ = cepair is noi ewnomically feasibie or�tder's se�arity woatd t�e lessenect.the ins�.sratice ptacc�ds si�alt be applisd to tAe su�� •
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<br />-_�:� sec�red by this Sec�ity Instrame�t, whether.o�not then due. witH aay exoess psid to Borroacer. ff Horrawer abandoas iiie
<br /> ""''"1z`��-� Froperry,Q�does not answer ari+t6in 30 days a notice fr�m I.�nder that the inseuance qrrier 6as offeaezl ta settle a clain�.t1�s .
<br />-:-=—�v= .Le�des may ooftect the insur�ce pmfleeds. Lender may use the procceds to rep�ir oi resiore the Frogcrfy or to gay sums �
<br /> ����� �se,sur�i 6 tfris Securi tnstrument,whether or not then due.The 3U-0a ��
<br /> --_- �,.= Y h+ y�erind will begin`vhen the natioe is given. .
<br />___= _=:-�;�=;� , Untess Lender and Borrower othernrise agrez ia writina, anY aPP�i�arian of pro�ds to principal sH.tE not extend Qi
<br /> �=��_�:��� postgnne tlie dae date of.the monthly payments refemed to in
<br /> -_�.�.,. pa�ag�aPi�s 1 and 2 nr change the aa:onai of the PaYment$-I�.
<br />-.--x�� under paragtaph 21 the Pt+operty is ar.quired by I.eader,Barrower's sight to�r►Y,iasueance policies and pracee¢s resuiriag frara '
<br />--�y.;r:a�-�.,Lf damage to the Prdperty prior w the acquisiaon stiafl pass m Iender w tfle extent of.the sums sc.cured by this Security I�ashvment ••
<br />-_-:� '�.''' imm�iatefy prior to the acqnisition.
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<br />��.��,�_��,�.. 6.Ucrupaacyf��0�MA�}�}p71Ai1(����OII OJ{ili�
<br /> gerty;Borrow��'s d.oan Appfls�tina;Leaseholds.
<br /> M`-��� r. . ... ..._Borrawer shall.accupy,establish.and use tlie Propetty as.Bnrrower's prinstipul residence within sixry days at3er ttc��t�tion of ,
<br /> ���';,9�t •� ' this Secuzity Iastrument and shall oontimie:o aaa►py the Plrperty as Borrower's�rincipa!residence for at least one yeaz aftei �
<br /> ��:-�„�c:r, the date o€oeeupancy.unless Lender othenvtse agrees in cvriting,wtrich wnsent shall not Be unreasonably withheld.ar tinl�;s
<br />.-�,.i(',+';,--i'. -
<br /> = � ,��;;-��-°� exteaaatin,�, circumstances exist which are 6eyond Boirower's coirtrol. Borrower shall ttot destnny, damage or a;r ttse —
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<br />:.�� -r�:-=..--- Property. a![ow the propeery to deteriorate.or commit waste on the Pcaperty. Borrower sha!!be in default if any forfeiture . �j--
<br /> • .'_. actiag or Eirocee�iag,whether civil br criininal;is�nn that in Lender's good faitfi jecdgment coWd resalt in forfeiture of the °�
<br /> •,y_�:., • ����;r.,r:.
<br /> . Praperty cts'�othec�)ise materially impair the lien cieated by this Security lnstrument ot Lender's security interest. Eomower may -- ---___
<br /> , .�� � �, cure sa,li.�:defanit and reinstate,as provided in paragraph 18.by causing the action or pmceeding to be dismissad wit6 a ruling � - �--
<br /> �'�� � ' that, in S.�:der's gaod faith detezminarion, precludes forFeiture of the Borrow�er's inten�st in the Peuperty or oYher mateiial T '
<br /> `�' '�;'�`�r'�j, , � impairment of the lien rce�ated by this Security Lutrument or L.ender's security interest: Boaower sha11 also be in default if _
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<br /> :;: :E: •.,�,� . Borrower.durin�the Ioan applicatiori process,�ave maEeriallg;false or im�ccurate information or statemenu to Lender(or failed �`� • �
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<br />_'_.�•; j �:;t`�:�l�. ?o provide Lender with any material informadon)in connection with the loan evidenced by the Note.including,but pot limited
<br /> =_�"?;�,�;`r.•; ? • La,represeniaiions conceming Borro�'s occupaucy af the Property as a principal residence. if this Security Instrnment is on a _
<br /> A; `'1
<br /> � .'L 1�;�. � teasehvtd. Borrower shall crnag�y wu;,�all the provisions of the-lease. �f Borrower acquires fee title to the Property, the � �
<br />:_:�'°�!.•'. �' leasehold and the fee tide shall irot merge unless Le�er agrees to the merger en writing. '� . �
<br /> �.::;��'' � ?.PeotecHon of Leadea's Rtghig in the Pmpertp.If Borrower fails to perform the covenants and a�n�nents oontained in � •
<br /> � 1j��
<br />-'r v`��;._• this Secvrity Instramen�or ther�is a legal proceeding that may si�i4icandy affect Lender s rights in the Froperty(such as a , � .
<br />`.`'�;�,,;•�y_, - proceediu�in batilwptcy,probate,for condemnation or forfeiture or to enforce laws or regutations),then Lender ma}�:.s�and / .,p � �:`_
<br /> `t{ L!f4 �,
<br /> � pay for u;fintever is necessary to rotect the value of the Pro and Lender's ri hts in the pro e I.eader's actiuns�na �'g'�5 �
<br /> s+'' `. P PenY S D n5'• Y :��.��.i��
<br /> i,J,��� inciude pa�ring any s�curs secured by a lien which h�s priority over this Se�aarity tnstsUment, appearin; in wurt; paying ' . � f i ' z.s
<br /> �`�;-� reasonable attomeys'f��d enterin,g on the Pro�erty ro make repairs.Althc�i Lender may take action ander this paragraph • � "'����•
<br /> _--;�;.-��^'� � 7.Lender does noi h�sz tq tta so. • .�`.����
<br /> ���';`-��x;;�ci r.��- An amoan t s d i s b u r s e d b i c x n i r.r c�x d e r f h i s a r a �. `:'`;i'i7;:��;. -'
<br />-__ , ,,.,,, . Y y p g r a p h 7 s h a l l b e c o m e a d d i t i o n a! d,�t o f B o r r o w e r s e c u r e d b y t h i s ;.,,.q,.,�, �• �;��_
<br /> � :.fx?`" Security Instrument.lJnless Borrawer aad Lender agree to other terms of payment, these a�r.cants shall bear interest from the • �°` �'� ��.
<br /> .. � ,.. �;,
<br /> , date of disbursement at the Note rate and shall be payabte, with interest. upon notice fram Lender to•QnRrower requesang ' � • � _ f :
<br /> _ •' � . payment. � • _ �,:o,
<br /> � ,:�� :;,_. , '" $.Mart�age Iasmance.If I.ender required m�?�[gage insuran�e as a condition of makin�the loan secured by this Security ��`-. � 1''
<br /> �4�
<br /> Insuumeet, Borrower shall pay the premiums required to mai�i:� the mortgage insurance in effect. if, for any «�en. t1:e � • .' =
<br /> • ' �." ,`� martaage i�t�uranse coverage required by Lender tapses or ceases to be in effect.Borrower shall pay the premiums req�in:d to ' _' ���
<br /> __;t`,1� .•: .:;: abtain am��rage substantially equivalent tv the mortgage insurance previously in effect, ut a wst substantialiy equivalent to the • • � �r'�,
<br /> ��°�`' cost to Borrower of tttis:mo,rtgage insurance previ�sly in effect. from an alter�ate mongage insurer approved by Lender. If . �. �.•:
<br /> :,_^;�;��s;•°. su6stantially equivalent mortgage insarance coverage is not available.Borrower s��all pay to Lender each month a sum equal to . , �;;,.
<br /> -�;�y,��,} one-twelfth of the yearly mortgage insuiance premium being paid by Borrower when the insuance coverage lapsed or ceased to • � . �' .
<br /> - : }=,� be in effect.Lender will accept.use a�d cetain these payments as a lass reserve in lieu of' mort
<br /> _.-� ��i ,':-.. Sage insurance. Loss reserve :f::
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