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<br /> perlods tnat l.cadcr rcquires. 'Ih�insutattce sarricr pn>viding thc insuran��halt tr.:.chos�u by Harrowcr nu6je�i ta t.�:i��::�� �- -
<br /> � nppmvai whtcl�shul)not be unrcasonabfy withhelJ. If Oorrower fuiLa to mainwin covcmga described abavo.l.ende: may.�tt
<br /> Lcndcrk optlon,ubtain coveraga to pnatett l.enAcrk righta in Qte Peoperty!n cucordnnce with paragraph 7.
<br /> Ail imumnse�licicg and renewnl9 shall be acceptabio tn I.ender wtd shall include u Rtandard mortgage clause. Lendrr
<br /> . ehA11 havo the rlght to hold thc palicley and mncwAls. If l.endcr requircA,Ronower shat{�ro��tly give to Lcnder ali rocoipta
<br /> of paid pramfumy and renewul noticos. Tn the event of loss,Horrawer shall givo pmmpt nntice to the tnsurance cerrier and
<br /> I.�jzder. Lctuk:r n�uy ut;�Lcc�poflY af tcsss if aat uiade promptly by H�m+wer. , ,_
<br /> Unless Lcndor and 8ortnwer othenvlse agc+ee in wdNng.insurnnce pmceeds shal!be applied to restoradon or repair uf
<br /> the Ptoperiy dumaged, if tho�cstaradon or npair ig economicnlly feaslblo and Len4er's secutity js not I�ssettcd. If t1w
<br /> cestorntlon or repair is not economlcnUy feuqiblc or I.ender's sesurlry�vauld be lessened,the insurunce ptaoceds sh�ll be
<br /> nppliut to the Ruma secured by thls Secyrity instrument. whethtr or not then due.with any eacess paid to 8orrower. If
<br /> l3orrower nbundons the Property.or dnes not ranswer within 30 doys a notice from Lender thut the insurunce currIer hag
<br /> offered tp settle a cloim.then Lender mny coUect the insurnrtce pmceeds. L,ender may use the prnceeds to Mpuir or restore
<br /> the Prvperty or to pay swns secured by thls Sccuriry insuumen�whether or not tlten due. 7Y�e 30�cfay per}od wiQ begin whon
<br /> the notice is given.
<br /> Unless Lender mtd Borrower otherwlse og�rc in writing.nny upplicsieton af proceeds to prtnclpal shnll nat extend ar
<br /> pnstpona the due duto of the monthly payments refemed to in Qaragraphs 1 and 2 or chaage the amount of the payments. If
<br /> undee parugrnph 21 the Property is cuquired by l.ender, Borrowerk right to any lnsuratce pnitcies artd pmceeds resulting
<br /> fram damage to the Propeny pnor to the ncquisltlon shall pass to Lender to the extent of the sums securcd by this Security
<br /> Insm�ment immediutely pnor to the ucquIsition.
<br /> 6. pccnp�ncy, Preservattan, Maintetwnre i+nd l'rotectlon of the Property; Borruwer's Loan Application;
<br /> Lea9eholda. Borrower shall accupy.establish,and use the Ptopetty as Borrowerk principui restQence within sixty days after
<br /> the c�aecution of this Security Inssmrnent and shaU condnue to occupy the Propetty ns Bomower�s pr�ncipal residence far at
<br /> lea�t one year after ttee date of occnp.hncy, unicsg Lender utAerwlsc a�nets ic� wridng. �vhich consent slznl! not be ``
<br /> unreasonably withheld.or unlesx extenuating circumstareces exist which nre beyond Borrowcr�s control. Bomower shall not
<br /> destroy.damage or tmpair the Praperty.allow the Property to detedoz�ste.or commit waste on the Prc�petsy. Borrower sh�ll
<br /> bo in defnult if ar►y forfein,�r�action ar pror.eeding,whether civit or criminal.Is begun thnt in Lender's good futth judgmem
<br /> could result in forfeiture of the Prope�iy or othenvise matedally impuir the pen creuted by this Securlty Insuument or
<br /> Lender'�security inter�s� Barower may cure such a default and�instate.as provlded in paragraph 18.by causing the nction
<br /> or proceeding to be dismissed with w cuGng that,in Lenderk good fuith determinatton.precludes forfeiture of the Boirower�s
<br /> interest in the Property or other mc�ter�nt impairment of the lten cre.uted by this Secunry Insunment or Lender� security
<br /> interesG Bomower shall Wso be in defuult if Barrower. during the loan application pmcess. guve muterially false or _
<br /> inaccurate informndon ar suuemenrs to L.ender(or fa�led to pmvide Lender with any material information)in connectton with
<br /> shc l�an eY�sl�n��d ry tt�P No�P,including,but not Umited to, representaUons concerning Borrower� occupAncy of the
<br /> Property es a principul restdence. If this Security Insaument is on u leacehold,Borrower shatl oomply with nit the provisions
<br /> of the leu5e. If Bon+ower ucquires fee tiile to the PropeRy.the leasehold and the fee tide shall not��er�e unless Lender agrecs
<br /> to the merger in writing.
<br /> 7. Protectton oT I.ertder's Rtghts in the Prnperty. If Borrower fails to perform the cavenants and ngreemenu
<br /> contained in this Securlty [nsdument,or there ix o legul proceeding that may significantly affect I.ender§ dgl►ts in the
<br /> Propecty(such as a proceeding in banlcrupuy,pmbate.for condemnation or forfeiturc or to enforce laws or regulutions).then
<br /> Lender muy do and pay.for whatevcr is necessary to protect the vnlue of the Property und Lender's rights in the Property.
<br /> Lender�s uctions muy include paying any sums secured by u lien whtch has prioriry over this Security Insuument.appearing
<br /> in court,paying reusonnble attorncys'fees and entering on the Property to make r+epairs.Although Lender mny take actton ---
<br /> under this parngraph 7.Lertder dors noc have ro do so.
<br /> Any amounts disbursed by I.ender under this paragraph 7 shull become ndditionnl debt of Borrower secured by this
<br /> Security In�trument. Unless Borrower nnd L.cnder Agree to other tem�s of payment,these amounts shaU besu intemst from the ,_
<br /> date of dtsbursement at the Note mte und shall be payable,with interest.upon nnticc from Lender to Barrower requesting
<br /> payment -:=--
<br /> 8. Mortguge Insurance. If Lender mquired mort�age lnsurance :as A conditton of makin�the loan secured by chis �_
<br /> Securiry Instrument,Bortower shall pay the premiums rec�uired to maintain the mort�uge insurnnce in effect. If.for uny _
<br /> reason, the martgAge insaraace coverage required by L.ender lapses or censes to be in effect, Borrower sh�ll pay tho _=_
<br /> p�+emiums required to ubtain coverage subswnt�ally equivalent ro the mortgage insurance previousty in cffect, �t a cost �-�
<br /> substantially equivutent to the cost to 8omvwer of the mortgage insurance previously in effect,from an altemate rnortgage �:'��
<br /> insurer�ppmved by Lender. If substantially equivalent mort�uge insurance covemge is not availuble.Borrower sh:ilt pay to � P,
<br /> I.ender each month a sum equal to one-twelfth of the yearly mortgnge insurance premium being paid by Borrower when the r^::z
<br /> insurance covern�e fapsed or ceused to be in effect. Lender witl uccept,use and cetuin these paytnents a,u lass reserve in lieu �.�s�
<br /> U�IROTI�NgC UI�Uli3I1CC. LVJJ IG.lillit�ltly�SICI1Li ii18�i�G i�i���.T��'iC i�.yuiti.u.wa u'iC vYifC,i C�.��.:«L1C:� :�:::C:�^p3sa!^.°:.'»M.^•Lp �'�`_":
<br /> covernge qn the amount and for the period that Lender requtres)provided by an insurer approved by Lender ugain becomes ,
<br /> avniluble aitd is obuilned.Borrower shull pay the premiums required to muintain mortgnge insurnnce in effect,or to provide a �f y
<br /> loss cescrve,until the requirement for mort�uge lnsurance ends in uccordance with nny wdtten ugreement between Borrower '
<br /> and Lender or applicuble law.
<br /> 9. Inspeetlon. Lender or its agent may muke reasonable entcies upon:uid inspections of the Pcoperty. Lender shull
<br /> give Borrower notice ut the time ot or prior to un insgection specifying musonabie cuuse for the inspection.
<br /> 10. Condemnatfon. 71�e proceeds of any uwurd or cluim for dtuna�es,direct or consequentiul,in connection with any .
<br /> Singie Famity••Fhnnfe MnelFYcddie Mac UNIFURM INSTRUMFNT••Uniform Covenants 4/90 �paxe 3 oJn rwxr,►
<br /> Crwt intd&uincm Ymm��n�■ �
<br /> tb Order Cnil:t�8006�'f68393 O YNC Ot&70/•1131
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