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<br /> - • S. �d�T�P�9 �� �wer shali keep the imPmvem,ents aow e�assting or hereaft�r en�ated oa the 4 . � . ,� . • .
<br /> � �rithia th�te��e�eovetage°aad any other ha�cds.iacluding �
<br /> ' , ;� .. � � p�o�rty insured aSainst loss by fue.hazants inctuded ' . . ..
<br /> ��:., �_ tiocds ar ftoading,for ahirh Lender��°e.T6is iusu:anoe sha11 be mainmiaed in the amounts and for the peri a d s i , . .' _ -
<br /> . ti�ffi Id.n�dei Yequ�r'�^.Tl�.ingulaa�r,atri8t Provid�ag the"'�ranoe ah3ll 6e Chosen by Bolmwer 5ubject[o Lender's.approval �.. .. . `. .
<br />�.;::� .`.�:' descdbed alwve, Leader maY. at Leader's • s- . --. —-— - ..
<br /> ,.•, . •; , � whit�s�all not be�unieasonably withheld. If Boirawer fruys tq maintain caverage
<br />- ``. � w mte�I.sader's rights in the Property in aomrdaace with paragraph�- � . -
<br /> ' opiion.obtain caver�e P rable to Lender and sLall inciude a staadard martgage clavse. L�eander . .
<br />" � � � �. a':': <..;�"- AU iAS�C6 Polities a�c�aevvalS sl�all bL aoceP Bormwer sball pmmptly give w Ixnder alI�eoeipts of � . ;, -.:• ,., .
<br />�' � � . ' shall have the right to IIold the polides a�r��.If L�ttder�quires. _ _ _' °__ '
<br /> :� . , paid p��a��ewal notices.In the event of Ioss,Boaower shaIi give pmmpt aotice to the insmanee r�ar�ier aad Ixader- . ' ' . .
<br /> . . i,endsr may make pronf of lusg if aot made pmmpdy by Boaower. ,
<br />-�: - . . �wrida insivance pioc�s shaU bo applied to iestoratioa or repair of dte �+
<br />�6 . Uale�s Lender aad Boirower otherwise a8cee� 8, u . �
<br /> , tk wise �ty��=I������on or
<br /> � � ,; pmptrty damaged,if the restoration or:epair is economical�y feas�le and L�der's s - , � . . : .
<br /> � ' • - tepait is not economit�lly feast�2e or I�ende�'s sewuit3►a►ould be Iessened,the incnranae pmceeds shall he applied to the sums , . . .--. - - ..
<br /> _ .. • se�aued UY tbis S�uritY Insua�,whether os aoi tt�n due,witb aaY eacess Paid to Borrower. If Eoriawer aLaadmis the ( , . . - . ' -
<br /> .' . Pmpttcy,oi does not�swer w i t h i n 3 0 days a nodce fmm Iender t1�at the ms�uance carrier has offered w s�tl r to�suma •
<br /> •.` ' Lender may coliect the insarance Pmce�s. Lender may nse the proceeds w repair or cestore the PcogertY PaY ,� •
<br /> . ��' . . vv�l when the aotice is given. . .
<br /> . ' . : s�by this SecuritY Ins�mea�,wh�her or nat thea due.The 30�day periad be� •
<br /> - � ' Unless l�ender aad Boaower otheiwise agtee ia writing, aaY apPlisarion of p�s to principal sha11 not extend or � n
<br /> � _�. � .. �. . . �_- If - . . - -
<br /> _ .'---�- ----�,- pos�wIIe�due�ate of tha�amtbtY�aymems-�efe�d.-w.iaparagxaphs 1.and 2 or c�ange the amonnt of the gayments• ...-- - --.-
<br />�, � � � --. .-- �-=�er PaiagraPh 21 the PccpenS►is aaluired hY Le�er,Bonower's right to any insu:ance policies and-piooeeds ies�tiog�from- .„ . ,. �•4
<br />_ � damage to the Pcoperty Piior to the aequisition shall pass w Lender w the extent of the sams secuced by this Security Insuimaen4 > � �
<br /> ,;1;,-.-_
<br /> �. immediately pr�orw the acquisidon. � ':�-�`
<br /> ��° . . . , and Pt+mtedton o4the PtoPPaiY;Bosrower's Losu Agplic�alLon;I.�asehulds. . ' n .
<br /> _ . 6.OcwP�n�Y�Prese�vatton,Maint�oe s after the eucuuoa.of _ � °'r"`
<br /> - . � Bormwer shall occaPY•establish,aad nse the Property as Borrower's griaciPat residease-witflia sixty�ay
<br /> • . , . this Security Instuiment and shall conti�ue to oa�Y��F�Y�$orrower's princapal residence for at teast one year after . .
<br /> . .. . the date of occupancY,unless Lender othenv�se agrees in arrtting,arhicL conseat shall not be anreasonably withhe2d,or unless . •. , :
<br /> -- -- - exteanat3ng ciras�ances e�nst which aze beyond Bomower's oontrol. BoYrower shall aot destmy, dama8e or i�pair tfle . .. . '• '�. '
<br /> Pro altow the Property to deteriorate.or commit waste on the PmPertS►. Bormwer sball 6e in default if any forfeidue . . . . . � .
<br /> �' ' � . • .� F�Y• cm�d res�ilt in forfeiture of the , . . . :..�
<br /> � action or pmcxeding.ahether civ�or criminal,is•begun tbat in Y.ender's gaod faith judgment n c:
<br />_�- � �'•.�� � . pno P e rt Y or othciarise materIally impait the liea creased by this SecurIry Insaument or l.cnder's sesuriry interest.Botrower may , i .
<br /> � ` caie such a defanit�d reinstaie.as pmvided in paragragh 1 8,by causing t h e a c aon o r p m c e e d i n g t o b e d i s�s s e d a+ith a talin g _:✓�;�;
<br /> .� g� C•
<br /> � that, in I�der's gaod faith d e t e�m i a a�on. FiecIudes forfeituie of the Borrower's iaterest in the Property or other material . :� . .
<br /> � - -- �---: ._.. .- - -
<br />_ impairment of the lien cteated by this SecuritY Insttament or Lender's security i�erest. Borcower sball also be in defa�ilt if ,
<br /> . • Borrowr.r,during the loan application process.gave materiallY false or inaccurate information,or statemeats to 1Rnder(or fa�ed °�;�
<br />}� . • . .,�s>:_
<br /> � including,but not limited
<br /> . to provi de L e n der arith a n y material iafotmatian)in connecdoa with the loan evideaced bY the Note, , ,, �
<br />" � to,rePresentanions conaernin8 Borrower's occupancy of the Property�a prinripal residence.If this SecuritY In�ume�is oa a . _ .;��' ..
<br /> y ` . leasehold.�Boirower shall wmpiy with all the provisions of the leasE. If Borr�wer acquires f�aue w the Property, the '�, ' ,
<br /> * •i ' . �' : . � teaseho2d aad the fee dtte sbail not merge unless I�nder agcees to the meiger in writing. �
<br /> f. ` � 7.Pt+otaUon oi Lender's Rip,�ts in t6e P�+ope�ty.If Borrower fails to perform the covenaau and agceemeats oontained in . : .
<br /> � . ir� . this Se�urity Inst��++�!!* or there is a leSal Procee�ing that maY significantlY affect Leader's rtghts in the Property (such as a , _
<br /> � .� mooed}ag ia banlQUptcy.pmbaze.for oondemaatton or forfeitme or to enfoioe laws or regulations),ihen 1Rnder maY do and . . .�� _ . .
<br />��- �' �.: P Lender's actions may .�,� ,
<br /> .�` .
<br /> -'� ... . - . ,�, a foi ahatever is necessa�3+�o Protea the value of the Fraperty and lxuder's rigbts ia the Propetry.
<br /> _ P Y � sums s�bY a lien wLich has priority over tLis Sewrity Iasuvment. aPPearing in court. �ayin8 . .
<br /> .. . iaclude payin8 Y '
<br /> � . .. : ' reasanable auomeYs�fees and entering oa the PropertY to make rEpairs.Although Lender may take action under this paragrapb f : • '
<br /> - � - . � 7,Lender dces not have to do so.
<br /> ` pny amotmts disbursed by l,ender under this paragraph 7 shall become addidonal debt of Boirower seivred by this � .
<br /> , ' � ..� . . gecuriry insuument.Unless Eorrower and i�endes agree to other temus of paymcnt, these amounts sha116ear interest from the .
<br /> �d � �
<br /> � date of disbn�sement at the Note rate and shall be psYable, with interest,upon noiice from l.ender to Borrower requesting r
<br /> r •
<br /> .� . . • � Da S�11+turtgage Insa�ace.If Lender reqnired mortga�e ic�surance as a condition of making the loan secured by this Security i . ..
<br /> .y . , •..: Instrammb Bonower shall pay the premiums re9!�irod to maintaia the mortgage insutance in effect. if, for any reae�n, the � . . .
<br /> taortgage snsuraace coverage required bS►leadef laPses or ceases to be in effect,Bomnwer shall pay the premiums mquired to � � ,
<br /> age vatent to the i
<br /> �. ' � obtain ooverage sabstaaHally equivatent to the mortgage insuraace previousty in effect.at a oost subsiantiaily equi � •
<br /> � cast to Borrower of the mortgage ins�dace previously in effect. from nn altemate mortgage insurer aPPmved by Leader. If ; .
<br />�•� ' . . su6stantially equivatent mortgage insuraace covezage is aat available,Bomower shall paY to I.ender eacb month a sum equal to �
<br /> � oae twel8h of t�e Yearly martgage imsurance P���Paid by Bosower when the insutanae wverage lapsed or ceased to .
<br /> • ��; as a loss reserve ia lieu of mort e insuraace. Loss res�ive ,
<br /> � . • . . be ia effect.Iender will aWept.use aad retaia these payments P�8
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