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<br /> -�%��.;. s �eriads that D.�a�er requires. 'Ihs insurance ca�siar providing fhe insmunce shali be chosea by&irrawer sab�ect ta Lender� . � � �
<br /> --_,,?��'�'�'�z I . appNVSt!wfuCh sllalt not tre uJlre�s�ably wildlltt�d. If Sottower f1iLs to mai�+rain cove[�ge dL'sCrilsed aE�ve,Letldet may.at �-•�xr.•-
<br /> ¢ _ •� . I Leader's option.obtai.z coverage to pmtect LeadcE's rights.at the Progerty in�ccoFd�ce witii pataSraPb 7. ' . .�,�
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<br />�`a.z.� � Ait insvrance p��isies astcf reftewats shufl be ecceptabte�o Le�r a�stt�i!inclade a stauci��ga�e claus�. I.ca�dgr . � :
<br /> ���� shal[�ave the dght to ltold ttte policies and rene�vais. if I.ender requiras,Bomower sha11 promptIy give to l,.ender all.receipts ; '_
<br />�.::;.�,d,:.,: of paid premiums a�ienewat�aatises. In ths eveaiaf tass,Barronrer shall give prompt notice to ihe insurance carrier aad �2 , -
<br /> _��f:�: ' Leader. Lender�ay mak�prnof of lo�s if aot cussde pmmgdy by Borrower. • v "
<br /> -�__=-- z Efiless L,endcx ar.d HoYrnwer othanvise agcee'sn vniting,insurance procceds shall he applied tn�a,ratiou ar mpair oY . � ��
<br /> -�'"-� - -__.-`-_s��g-�s3r�.�_�rt,.if the r�ssnraLinn or reRair i's econa�surally feasible and Lender's security is aot lessene�. ff the :� _
<br /> �;.,�.3..• restosa�ion or repair is ant economicaily feas�t�or Leaaer's secunty wouId Ue tessened the insmunce proceeds shall be . �,�-
<br /> ----- -= agplied tn the sums seatmd by this Seeuuty�+*s+*+�!*�s^t,whe3ti�r or not tteen due.with any excess pald ta�orrower.� If
<br /> r r�� • golrower at�astdons the�toperry,or does aot answer witBia 30 days a natice fiom I.ender thar.the insuiauce car�ier has
<br /> J`�-'�"'Ar's � offered w seule a cIaim.then Lender may collect the insucance proceeds. Lender map ose the pmceeds to tepair or restose
<br /> m the Pmperty ar w pay sums secu�d by this Secarity Ins4rument,whether or not then due. 'i4�e 3Mfay period witi bogia whe� ---
<br /> V'��•_;'� �the no�ce is givet� --
<br /> _--��-�- Urtless Lend.cr and Borrower otherwise agree�writing,any appticaticn of prace�eds to princi�al,shail noc extend bE��-�•. `
<br /> �-s�r�:�` � postpoae th�due dste of the manthly paym�raferled to in paragraphs I and 2 or c68nge the amntmt of the;��.ymeNs. i�' , _
<br /> _ "��' � under ara h 21 the �s a 8 Leade�Borrower's ri t to in�e I i s ies a n d e e d s r e s u l tt t t • _ -
<br /> P �aF �ctY� aNired Y � anY Po P� ��..,;..< _
<br /> �'�_ from.dama�e to the Ptopeity prior to dYe acquisiBon sbaq pass to Lender m the exsent of tlre;sums sec�ared`by tItis Seauii3�;":::•._ ` � _--
<br />'-`'�'-�:�',�., Insttumetu i�diately prior tq t6e acquisiqa� . . , , . : ..:
<br /> _•:tcr-�.rr.�' � � �'.�=: .' ..v- .
<br /> 6. Occupamsy. P�eservatiou. Maiatenauce aIId ProtecKon oY the Pt+operty; Sorr��rer's Y.oan �lppllcatfa�i:�:�'��_r.' �
<br /> �'� ,� :' LFaseholds.•Borruwer�hhall accupy,estoblish.and use the Properry as Borrower's prirsipa!re�is(e.�ce witbin sixty day�aftP.� .:�,::.
<br />_.-=a�,tiT_ _ �e eiiecution of this Seeurity Insaument and shall continue to occupy the Ptoperty as Soirawer�principal n�i�e�tce foi at�::%; • . .
<br />__��,,' �least one year after the date of occupancy, unIess Lender otherwise agrees in writing,.which consent�shalt ript 6e ,.
<br />, - }:,, ' tmreasona63y wittttteld,or unless e�ctenutuing cincumstances exist which are beyond Sorrower�s c4ntrol. Basoiver shall naf
<br /> .,,;; ,, destroy,damage or impair th�Raperty.altaw the Ptopetty tu deteriorate.or ccmmui wasi�urr tne Properry. Boriower sltn(f�: ,
<br /> "'^�s =�. . ._=ti�i�deL'ut�Lif_�Y.forfeiWre actioa nr pmcceding,whether civil or criminal,is begun that in LeRSler�s gaod faith judgrnent,. � �
<br /> y"� cvuTd resu t Tin��ti�re of�he P�ropem3 ar�i ' ' iray-air:i�a-i�c,r��#-�-�"��•r-��'.�:=.s:,.-::.-.— _ _
<br /> ;_�.t�.==' � L,ettder's secutity intecest. Borrower may cure sach a default and reinstate,as provided in paragraph 1 B,by caUsing ttte acafoh:'
<br /> - �;�' � or pmceeding to be dismissed with a raliug that.ia Leader's good faith determmation,preclades forfeitare af�Bosro�vet's
<br /> ' ` ' incerest'in the Praperry or othes materiAl impairment of the lien ce�eated by this Security Inswm�nt or Lcsr{i�:'s secutity
<br /> . ;:�•• :�`?� interesl. Bmmwer shall also be in du�ault if Bormwer, during,ihe loan apglieatioA pmcess, gave matuct��f3y false ar,
<br />__.- ;.. �inaccuraIe ir.formation or sEatements to 4eader(or failed to provide Le�der with any ma.erial infntrtrstion)in eusmeciiwr�viitt:�' -
<br />- ���"' 6ut not limited to, entations cancemin 8azrawer's of..�.ttre��,.
<br />=���._-' .� the loan evidenced by the Note. iectuding, ti[?� g ��Y
<br />`-;.�={"'.��::.�.� � �'Pto�ierty as a prineipal residence. If this Security Insuument is an a leasehold,Hnrc��rer shall cemply witb alEih�provisions �
<br /> "�1����'� , of the Iease. If Sarrawer acm�ires fee tifle to the Proi1PAv the leasefiotd and the f+��:lc shall not merge�mless�Leiidar agrees
<br />."_=r•.ii.�:�—? . `l_ !'�••ls _ . ' . . _ _
<br />:�,,•-. :..�.,.;. to the merger in vrriting.
<br />=�.i"�'t,.��°�;-� , 7. Protection of Lender's Rigqta in the Froperty. If Borrower fails to perform the co�en3nts and ag�eettient�.
<br /> ���_;= e� - �ront�ined in•this Security Instrumen� ar there. is r►legal praceedfng that may sigmficantly affect Lender's righu in th� � �
<br /> Property(such as a proceeding in bankruptcy,pro6ate,far condemnation or farfeiture or ta enforce laws or r�gulatio��s),IITgS
<br /> �'K�� L.ender may do and pay for whatever is necessarg ni;protect the vatue of the Property and Lender's rights in the Properry. —
<br /> - ��`� Lertder's actions ma ir.c.tude m an sums secum.d a lien which has riori over this Securi Tr►strument,a
<br />_..�'''•A` Y PaY� S 9 CY P tY tY PPe��
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<br /> --_�_.� in court,paying ieasonable attomeys'fees and entering on tde Property to make repa"us.Althougti I.ender may take action
<br /> �`�=r=-- = under this paragaph T.L,ender dces not.huva co do so.
<br /> --_:.�_,�,;,;,T.—:J1� Any amounts disbursed by Lendnn under this paragraph 7 sholl become additional debi of Bortower secured by thi� .
<br /> -����� Security InsuumenG Unless Barruwer aad Lender agFee to other terms of payment.these amounts shall bear interest from the
<br /> =_�'`���`-' date of disbursement at the Note mte cucd shall be puyable.with intcres�upon rWuce from Lender to Borro�ver reqacsting
<br /> � �'� paymenG . . �,. --
<br /> °�';�' 8. Mortgage Insurance. Tf Lender requiced martgage insurauce as a condition of making the loan secured hy this � � °"-
<br /> ' Secutity Insuu[rren�Bonower shall pay.the prenuums required to maintain the mortgage insvr°..n�ce in effect. If.for any �,_'_-�•w=--
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<br />.��-YA reason. the enortgage insurance co�•erage required by Lender lapses or ceas�s to be in effea.�, Hortower shall pay the _
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<br />`=�=t_.-:,_,��•:` premi�ms requir�d to obtain coversgo substantially equivalent ta the mongage insurance pmviousty in effect. at a cost -_ �_;
<br />-�"`,�-s,:e;. .�.�� substantially equivalent to the cost to Barrower of tbe mortgage insurance previously in effect,from an altemate mongage "�.y;�r�
<br /> �"'�,��:�` insurer approved by Lender. If subswntiully equivuisrtt man�e nnsurance coverage is not availabi�,Horrower shall pay to ' ':
<br /> �z �:: Lender each mantts a sum eyuul to one-nvelfth of the ycarly mvrt�a�e insurance premium being paid by Borrower when t6e. �-���
<br /> �� insurance coverage lapsed or ceased to b�in effec� Lender wi1(accegt,use and retain these payments as a loss reserve in lieu • �
<br /> �,, of mortgage insurance. Loss reserve payments may no longer Ue reguired,at the option of Lender.if mortgage insurance �
<br /> _���°��., covernge(in the amount and for the pertod that Leadcr requires)pr�vided by an in�urer approvcd by Lender again becomes �
<br /> ':';�..��:��'
<br /> -___--_.��--r�_�1 avuilabte and is obtained.Harrnwer shall pay the pmmiums required to maintain mortgage msurance m effect.or to Qrovide a .
<br /> °"""' �� loss reserve,until the requirement fos mortgage insurance ends in accordance with any written agr+eement between Borrower ,
<br /> �.'�±?�':�',�;'' and Lender or a�plicabte law. .
<br /> "4 -; j 9. Ins�ecttan. L.ender or its�,,rant may make teasonab2e entries upon artd inspections of the Propetty. Lcnder shal!
<br /> `° ' ve Bomovrer nutice ot the time of an nor w an ins etion s ecif in reasoaable causa far the ins ction. • '
<br />__.���Y';,,,:s'=� W P� Pe P Y g Pe •
<br /> -- - __-=• 10. Condemnatioa. 'i7�e proseeds of any award or claim for damages.dimct or consequential.in connec[ion witfi any. .
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<br />-- : :,.-�f Ce�i te2m e�ces tami�cc.r�
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