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<br /> ;`� . ' S..%zard os Fr at Insartuco.Eurrocver sba91 keEp the imp�vemeats n"o��g or her�aftes erected an �'�i -_-__
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<br /> �� � .tha Froperty is�uted a�sisist lass by�i Q P��rds inciuded withic►the term"eatended coverage"and aay othet ha�rda.� F�__<<�'*' _
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<br /> ;.� '� iacludi�ft�or floadiug.$or i�hicb Lender r��nn�iasuraQCe.T�is ins�u'anca sl�atl be�tsin2fl in th�as�ounts ' a ,�L� _ -
<br /> , �„_ � and for�e p€ti.od$that Lend�r geq�.'k't►�insm�carrier�rcn+iding tto�a.��s�l!.t�ch�t�-Bcs�ro4ver . - �.� —--
<br /> �{'�'�:. �_ .svhye�cta l.��der's apprnval cv�ich sha3I aoi ba usiteasanablp witbAetd.I�Borcower faits to maiataia coverage d�bal• - � • ��-:_
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<br />-==_—�- ubovq,Leni3et may.ot Leades's aption.obtaia covesage to grot�t Lender's r�ts in the Fmpert�in eaordaace with :-,:,�..�,:z-.�_`r�a�
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<br />__��� � � All iQSUraaca potities aztd teAawela shall 6a acceptable to Lendee and sha13 include a staudsrd mort�c c�suse. , ` �� G-�� .__
<br /> -. '�'� ` Lender ahaU have tho ri�tt t4 hatsi tha policies aad renevrals. Ii Lender requ'sre� Borrower sha�l promptl9 g►ve to • �� � ., � -.�
<br /> � �,
<br /> ��''� I.e.nder all reQeipts of paid pf�miums and s+enewal aotices.In the event of las�Basmc�er ehall give proffipt aodce iv i;ae ' •� • . `'` --:.
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<br /> _,,�.� : . insurnace rasrier and l�end.,°t.LenBeT may make praof of lo:�if nnt made pramptty bp Borrower. 'l � . ,
<br /> �� . � Untess H.eader and Bonav�er ottrerarise age�in c�riting,ia�usace pr�s shaii be a�iied w rr�baretion a:- � ' . - �
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<br /> - � of the Yroperty damagecl,if tha restozatian or t+epair is economically feasible aad Leadet s seeurity is not Ies�ed.�.. . . ^y
<br />- r:"�;i:� . re�s t o r a t i o n a r r e p a i r t s n o t e c o a o m i c a U Y f e a s ible ar F ender's securi t y would be le�ed.thv ipsiu3ace praceeds sb�a11 be. _ _ 7:
<br />-j`;`���:`.<• a�plied to ths sicros secured by this Secvrity tnstrument.whether or aat tiieu due.with aay esce�s paid to Borro�er.If . . � .o
<br /> a��-'��. BorroweF alaandoas tiis Froge�tty,or does nos atiswer withia 30 daYs a uoti�x irom Lendsr that the insurancaa casrier has • . - - ;.,. ' �"
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<br /> �,. ; �� offe�d to�ttle a claiaa,then Lender may collect the insuraa�x graceeds.Lender mag uss the pmceeds Lo regair ar . j n;
<br /> �, � restore the Property or ta pay sums e�e�ted by this Security Inst�ument,whethet or aot theu dua.The 3�daq periaad w�l . . • �
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<br /> .�-:�:�;;'. be$in vrhenthenQtice is givefl..: : ��� f.,"•�� ;'
<br /> ��;y�: Unless Lender and$arrp�ser attierw'�e agree in�rriting,suY aF?�catio�of proceEds ta principal shaIl not e�ttend.or ,. i ,' �. ° "
<br /> ,_.,=�';;��� . gostpane the dua date.of.t�ce inonthlSt Paqments referred to in paragaphs i and.2 or change the araount of the pagmenta.. � . +��_3:yt
<br /> ,�. 1f uader para�raph 21 the Pragerty is acquired bp Leader.Bomsrrer's right to an,y insurance pali«ea and prroceeds S, �;�r�-� ,
<br /> .� ,�'�, � resultin�Pmm damage to the Pmp�rt9 priar to tha scqvisition shal!pa�.to Lender ta the estent of the sums secured by , �• ���.. _
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<br />'yri'�.''�'� , this Sec�rity Instrumentimmediat�Iy prior to the acquzs�tioss. , ,.,: . .4%��s.» ,_
<br /> �. i�.�' ` 6 l7ccopaaey,Prese:vativn..Maintene�.ce and Protr,ctiou of the�ropasty;H�raower's Losa Apptieatio�a, - . �,� -
<br /> � ,` : Leas$hogds.Barrower shall occupyr,establisb.aIId�the Propert9 as Sam►v�er's principal residence within sigey days � .' �'�'`�s -
<br /> -.xK"=�-'� e f t e r tt�e esecutian of this Seceuity Insirument and shall coAtinua ta.occupY th�Property as Bnrrower's principal . - ��,: ,` �e�:
<br /> ` `�` re�dsucs for aE least oae pear aher the dete af axvpancp,ualess Leader othertvise agas in writing.wtuch consent shall • ..°
<br /> �` � not ba tmreasonattlY withheld.or,unls�eateauating cinvmstances emst c*�hich aze 6 ey n�s l�rmw e r's coatro l.Borrower ' �' `�
<br />� allow the Pro to deteriorate,ar cammit waste on the Property. f`��`�;:.����
<br /> � s�aU not d�troy,damage or impair the Pmpertp, P�rt9 � �'., ".�. ,: ��• _
<br /> .,. Barro�cer shatl be in default id apF.forfeituce actioa or pmc;eeding,whether eivil or crimiaal,is begun that in Lender's i J,!. ,`;:.: .-.�
<br /> -�:`=.-_`�:� ' good iaith Ndgraent cauld tesult in forfeiWre of the Propetty or othe��se materiaUY imprr�r the tien cteated�q tlus �,:_':_;: :��:---
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<br /> $�C�1t11� jflSSfU1f16At OF LRII(Z8t�8 6�1�1II1�1�CSL. BOtTOWL't tIIBy CIIfd.aach a default aad reinstate,as ptovided in '
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<br /> : ..�;'� paragraph 28, by cavsing the�actioa or pmceediag to be disaaissed wit6 a ruling that, ia Lender's gaod faith . .
<br /> � ��"� determinadon,precludes forfeit�ue oY Ehe Borrower's�nterest irt th.e Propetty or other material impairment af the lien.,. �'•. '. '`�' ,�.,
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<br /> created by tSus SecwitY Inscrum�nt Qr Lender's secarity interest.Bo:rower shall also be in default if Borrower.dur.iug,�,. - ,.. , . 'r."
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<br /> ;``~.'� , . the loan apptication prace�.8ave materiaily false or inaccurate iafarmatiass or statements w Lender (or fa�ed to � �..; �'�
<br /> " pmvide I.e¢der with ang materi.al isiformatioa)in connection with the loam e�idenced by the Note.including, b�t nai .rr� .:: `T"'.� � ,
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<br /> �� � limited to,representations concesnin�$orrower's occupattcy of th�Psoperiy as a principal reszdencs.If this Security � Y ,
<br />��`''-;�°� Instnrment ia an a Ieasehold,�Borrawes shatl camply with all the pravisions of tha lea�If�omower.acquirea fee title to . - •<� � �,;'
<br /> �� �'" the Property tha leasehold snd.the fe�title shaU aot merge unlem Leader agrees to the tiuer,�r in writiu�. � h ''�
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<br />:��-:'':� :�r�: 7.Protection af Lendrer's�Ri�kts ia the Prop e r ty. I f B a r r o v r e r f a il s w perP a n n t i i e c o v e n a n t s a n d a g r e e m e n t s f:,�5��' `:
<br /> �; ;`k� � contained ia thie Security Instrument,or ther�is a legal proceeding that may significamly affect Lender's righm in tha� �; , '`'...;,;
<br />`=:•,�}�' . Fmperty (such as a pmce8ding..in bankrupuy. probate. far candemnatson or forfeiture or w eaforce laws ot .. �� . . '� •
<br /> � �{�z� regulauone),then Lender may do astd pay for whatever is nece�aiy to protect the value of th�Property and Leadet.'s.' . ,�,��"`
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<br /> 4 �'i'�� ' nghta in the Ptoperty.Leader's,actions may iaclnde paying any sums secured by a lien which has pnonty over�thia.� ` �, �� .
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<br /> �;;:x;;;�F.: Security Iastrument,agpeariag ia court,PaYing reasonable attomeys'feE.a and entering on the Property to make re�:s6.• �.��'_
<br /> ^ . ,� • Atthaugh Lender may take actimt�ulsder thia paragraph 7.Lender does not have to do so. ,� �- : ,
<br /> _--� � � Any amouats disbursed bp I.endas under this paragraph 7 ehall became additiouat debt of Borrower secured by tbis 4} :� : ' ,
<br /> - -- S e c u ri t y I n s t r u m e n�U n l e s s B m m w e r a n d I.e n d e a a g t e e to other terms of pa yment,thesa amounte ahall bear interest ��+�$''.. � .,,,.ti. ; .. �
<br /> =-�`-'��;: from the dats of disburseaient ut t�e l�ote rate and shall be g�apable,mith intes�est,upon notice from I.eader to Bottower .. ; ,':��:;_:;•:;.. `
<br /> �'• .�r� '' � r estinggayrnent. . . . �=.c�.r,`;��';it,";..
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<br /> '.:'�:�;r �' 8.Martgage Insnranca.I£l,endes required mortgage iasutance as a condition uf cr.akiAg the loan secured hg this . �-.�r... ,
<br />�,�:; �. Security Instrament,Barrawer ahall pny the premiums required to maintain the mongage insurance in effeck If,fat any �'� • :,,�
<br /> _ reason.the mortgage insurance covetaga required by Lender Iapse.s or ce�es to be m effect.Banower shaU ys�g the � � . , . . �
<br />�`+�.*�:. r premiums required to obtain coverage substantially equivalent w the mort�ge insurance previously in effect,at�eost r ,
<br /> = �' substantiaily equ�valent to the�cost to HmYOwer of the mortgage isissurance previously in effect, fmm an alt�ate
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<br /> ...' .t:••r mortgag�i:nsurer approved bq:Lender. If eubstantially equivalent mort,,aga �nsurance coverage is not avaif�.�sle. �� ��
<br />:���'��'°� Bonowesshall pay to Lendereuch month a sum eqnal to one-twelfthof t�.c;�:lq mortgage insu:ancepremium.6eing � . .
<br />�-=`*';d:;:,. - � paid by Bonower when tfle insusr►ace wvesnge lap�ed or ceased to be in etg�*..Lender will accept�use end retain these �,� . ' .
<br />-�n.:���'A�•,' �qments as a loss ressrve in�lieu of mortga�e insurance. Loss r�esen� payments may no 16n�er be required, � . . •
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