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<br /> . ... .-...'.__ ��shall aat he unreasoaably wiit�etd if Borrovret fa�s w maintai�coverage descn'bed above,Lender maq.at Lender's ` ��'`
<br /> "'^ .-�"=�-i.— optlo�,obtain wverage to pmtect Leader's rights ia the Froperry in atcardaace with pas�g�gh?. � ,`�:`
<br />. ��--...�,'.`_�_`.: ., Att iasurance po3ides and renewals shaU be acceptable to Leader aad shall iadade a standard mortgage ctaus�I.eader shall `" ` -���
<br /> • — � 6ave ihe right w hotd the poltdes aud reaev�als. if Lender requires,Bormwer shatl promptlY give tu Leader atl receipu of ��rr.�.T�'�!!'
<br /> ' ,'` ° , :�� r paid premiums aad senewa]notices. Ia the event of loss.Borrower shall i aotise w the iasuranco carrier and - k�•�
<br /> .�` . . r Lender.t.ercdcr may wake proof ofloss if uot made promptlp lip Borrower. �p�P •�� --°
<br /> �
<br /> , . .�° Ud�Lender and Borrawa ottcerwise agee ia writing.ms�n�ance pmceeds shall�be applFed to r�LOratIon or repair o4'the . . i'�'��'-
<br /> . ,x.•.,- ---_
<br /> . . propertp dama8ed.if the restorattoa os repair ia economica]Iy feas�2e and Le�der's secs�dty is not tesseaed if the restosation �- _ - - -
<br /> � ° . or repair is not economicaUy feasible or Lender's securiry wouM be lessened.the Insuraace pruceeds shaD be applied to drz =--- -
<br /> �.:�—=�..�..,
<br /> ' . soms secured by this Seatt�ity Instnimen�whethes or aot then due.wIth aay escess�paid to Bosrower.lf Bonuwer abandons _ ___-----_- -
<br /> �• the Property,or does not aruwer withia 30 days a notiea from Leader t�t the�nsaraace cazrier has affered tar seule a claim, --__ �_-
<br /> � � . ., chea Lender may coltect the���+�*+�nee ploceeds. L.euder may use the�rarceeds to repair or reqtore the Fropzrtyr or to pay -__- -
<br /> � ' s�,ms_ecuied t•Wis Sec lrit; Instrur.�t,whethec or uot ih�dnte:The 3Q-day pettod��L beg�n what ttte notise is given. ---
<br /> � . � , lintess Lender and Borrower otherwise agree ia writiag.a�aPPlication oY pracxeds t�psrineIpal shall not ea[tcad or gostpoac � --
<br />. ' �. � the due date of the moathly paymcents refened to Ia para�aphs i and 2 or chaage rlse amuuut of the Qaymm4s.if niadex . _---
<br /> .' . • para8raph 21 the Property is acquired by Lender,Boaowet's right w aay�ce goflc�"mca praoeeds sesolriag from -°._
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<br /> .---:--,:--..--._..__ . . _ . . damage�to the ProP�Y�-Prior.to the.acquisico�shail.pass w Legder_to,the exteat of the sums sewred by t2as Secmiiy
<br /> . . . . _ . . .. .. . . .... ... . .
<br /> . . � Isuuument immediately prlor to t6e acquisiuon. • . ' _ --
<br /> , • ' ``' . 6. Oerapane!►. Preservattam. Mainteaaace and F�otectlon of ttte Fcapaty; Ha�rowers Laao A�ieaB�; . —
<br /> • . : , }�, ' L�sehdds.Bonowee shall occupy.establish,and use the Property as Sotrower's prladpal residence withia siaty aays after
<br /> =. ... , the eaecution of this.Sec�nity lnstruanent aad shall continue to accupy the Prbperty as Boaoweds prindpal reaIdmx for at
<br /> _ . . -.- - - - teast one year aRet the date of occupanry,ualess Leader otherwise agrees ia writiag,�h coasent shall not be vareasonably _
<br /> , . � ' withheld,or unless extenuatiag clrcumstaaces eaist which are beyond Borrowefs coatrol.Bo�rowu shall aot des�roy,damage --
<br /> • � or impair the Propertq,al2ow the PropPrty to deteriorate.er commit waste oa the Pto�.8orrower shall be in default if any. �-- —
<br /> � ' • . fodeique actIon or proceeding. whether civil or �a3,is begun ffiat in.Lende�s good faith yudgaent oould resutt in
<br /> _ ..- .- � fortbtture of�e Property or otherarise materlally Lngair the liea ae�ated by Wis 8ei�itq Instrament or Lender's secutity . —
<br /> � • - lnteresL Borrowec may cuse such a default a.cd reinstate,as psovlded in paragraph 18.by caasing the acqion or praceediag w __- _._
<br /> • • , . 6e dismissed vrith a ruling that,in Lender s.3oad faith determinafion.p�des forfdwre of the Borrower's iuterest in the . —��
<br /> � � Property os other materlal impairment of the lien cTeated by this Secµrity fus-�ument or Lender's securiry interest Bonower
<br /> � • shall atao 6e iie default if Borrower.during the loan ag�.; „on process.gave materiaily false or inac�urau Wosmation ar
<br /> • „ �_.:�.- .�---,- statements to Lender(or failed to provide Lender aith ang matc�al informatioa)ia coaaection wirh the loaa evidesct�d by the ��=�
<br /> � ' � � rlote.including,but not limited to.representatioas coaceming Borrower's oecupancy of We Properiq as a priudpal resiQen¢e. �_�,r
<br /> If this 5ecuriry lastnament is on a teasehold,Borrower shall comply with a11 the provislons of the fease.If Borrower acquires
<br /> � ' fee tIUe to the Property.the leasehotd and the fee d@e shall not merge untess Lender agrees to tlte merga�writiag• . �,,�'
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<br /> . . � . 9.Profectlon of I.endeYs Rlg6ts in the Property.If Borrower fails to perform the wvenants aad ageemeats cantaiaed in =- .'-•►.-..i
<br />�" this Security lastrument,or there is a iegal praceeding tLat may significantly affect Lender's rlghta ia the Propercy(such as a =- —
<br /> � � � proceeding in bankruptcy.probate.for ceademaation or forfeiture or to enforce laws or regulatIons�Wen Lender may do and ,.,._�'
<br /> • � pay for whatever is necessary to ptotece�e value of the Propetty and Lcnder's righta in the Property.Lender's acKions may —=
<br />.. . , � � include payIng any sums securea by a tima artach has priority over th�i Security Instrommt,appearing in eeate. paY�B --
<br /> ,. . � r , reasona6le attorneys' fees aad enteriag en the Progerty to make repairs. Altliaugh Len4er may take acHon aader lhis . -�
<br /> � , �' , paragraph 7.Lender does nos�ave to do so. �
<br />;,'� � � . My a:nounta disbursed by Lender uader this paragraph 7 shall becoate addiflonal debt of Bonower secured by this Security � �'=— --
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<br /> .. : lnswmen�Unless Borrower and Lender agree to other terms ot paymen�these amouats shaU bear interest ftom the date of �+ ���` � `;�_;=
<br /> ; ' , disbutscment at the Note rate and shall be payable.with lateresb upon notice from Leader to Borrower requesNs�g payment �••.,.�;,._-
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<br /> , 8.�lortg3ge Insurartoe.IP Lender required mortgage insurance as a¢onBiHon of making the toan secured by this Security r;f� 'f�'��'�r
<br /> - .��`�,'� "( lnstrumen�.Honowet shall pay the premiums required W maintain the mortgage iasurance in effecK.if.for as►y reason�the �' �,
<br /> + '�.,� � �,_ mortgage insurru►cs coverage requlred by Lender lapses os ceases to 6e in efPecb Borrower ahaU pay We premiums requirc�d to � . -_¢-
<br /> . � t'• obtain covenge substandaUy equivalent to tlie mostgage iusutauce previousIy in effec�at a cost substan�ally equiva2ent to ttte �
<br /> cost to Borrawer of the mortgage insuraaae previousIy in eft'ect,fiom an alteraate mortgage insurer approved by Lender. If ,. • . =
<br /> 1 � . substantlaify equivalent mart�age inswance wverage is not available.8orrower shall pay to LenGer each month a sum equal '. . � ' i-
<br /> to one•twelfth of the yeati�enortgage insuraace premium being paid by Boaower when the insurance coverage lapsed or „ '_t
<br /> . eeas e d to be�n e P F e c L L e n d��c i i l a c c e p�u s e a r t d r e t a i n W e s e p a y m e a t a a s a[o s s r e s e r v e i n l i e u o f m o r t g a g e i n s w a n c e.L o s s °
<br />� } :. � �� reserve paymeats may no tonger be requited.at the option of Lender,if mortgage insurauce coverage(ia the amount and for • • • .
<br /> ' " • the pesiad that Lender requires)provided by an inswer approved by Lender again becomes avallable and is obtained. •� .
<br /> • � . Borrower shafl pay the premiums required to maintain mortgage inswance in effect.or to provide a loss reserve.�sntil the
<br /> ° ' requirement for mortgage insurance ends in accordancs witb any wrIUen ageement between Borrower and Lrnder or : _
<br /> .,. , � . appficablo law. '•_
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