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<br />-_ . �;:< . .� • . �. �r�as t�u�4y �-�_ Bflrmvter eha]I k�p the improve�ss naar eaisting or t�e�after emaxed on the� _
<br /> ��"�`��. _� ` 5 � . Fropeay Insured egaiast 1�by Grc.�s ir�iuded wltLia tae tetm'e�ct�aded coYetage�and sn�r athxr ha.�d.s,includiag -
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<br /> ` :`: ��::���<' � flaads os Qaodjng.for whicb Leri,4rs tequttes ias�n�ace.'!b!s insuranae s1�ll be maintatn�in thc ua�auuts and for t�e perlods =
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<br /> - � .�",:`.�,.': � �,���'. � th�tt I�ende�c�quie�s.�tns�uaace,�rIet pauvl�ing the ins�sA�11 be cIloren by�imwer snbject to Lende�'s spprovul � -
<br /> • � whtch shall t�ot bs uare�anably wItAheld. If Bo�+axrer faa7s to maintain cavesz�,e descdised above. l.ea�er may,at IBndePs =
<br /> :.� ` , optioa,obYain cav+�e to�rntect L�ex's ri�ts m tae PmpZrty in�N�x�parsbraph T. . '
<br /> -.�_ (:±.�•^=._` • Afl inanreuoe poticies and rean�afs�ail be asaceptabte W L�and'�1`f'uctnde a staac�ard�tgage eltNSe. Ignder;- �
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<br /> `S 4�` '�..�-�';: shall imve�tl�r�ght ta hold the pollcIes aacl rznewals.tf L�ader�equlres.Bor[o��shaU P��Y 8�ve w I.e�er all receipts of�'.
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<br /> =.:;�;;.���_..._ ° p�{d�a�d�at ac�.;Ia the ev�t ef toss.3�m�erfr s�a11 giqe �pi�aiL�tQ the�-3►ar�ncg c��sriet aad I.ender.
<br /> ;.r`:'. ��; " IRnder maq�ake praaf oP 4mss if no�pnade pmmgtiy by Boimwea�_:, • _�, ; . • � ` �
<br /> Uale�s Lendes a�d Buxm�►er atheiwtse agc�e 3n wtitlag,�ce pmceeds;l�.a111�e aPplie�m iestoration or re�air of the
<br /> � `�. � dama if t$e restorstiaa or air ia ecaaomicalIy�fe,as�2e asd I,endea'�,ses�it�Is not�essened.If ths r�storation or
<br /> �.:; .� . c�.:.. ' �1'tY 8�1. � �
<br /> =,�,;�.,�3�. � ;���:t`• � rapair is not eooaomicaliy feasibts or Leader's s�rauih►?�+ould be lessened.the ,dsa�ce pzaceeds shall be applied to the sums_
<br /> f'�-`...•�.F•; Se�n�eQ by ti�a Secu�iry Insu�eat,wh�er or not theeu due.wi3h euY `paid w Bormwer. If Bormwer abandoas the
<br /> �,�''`�� P*m�,�g,�e�rt.y,,or daes no•i�awnsS�w.,.e�r�wit.,h�in�3�,.d,�aAy,�s a noiice fmm L,ender thai -�oe caitier bas offered to s�e a claim,then
<br /> `n�--;�F'• .',J{:�.i� 1�3LL3EI IT�CO��WT L41LL[dl1W IJ1YN�{4l. Lender may nse the pmcfeeds w re�air or�eston the Pmpet4y or to pay su�s
<br /> � �,.. �•1
<br /> _.�r�.`i,�.:;_,,__-: ��y��y r„�m,,,,�,t_whether ar n�tthe�n due.75�e 30-Gay periad wUt begiu when the notioe is giveu.
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<br /> _ �. . . �,Fc- . Unl� Lender a��Bonowe.�a�hecwise�in aritin8,ar�3►aPPlicaEion of pmceeds to priucipal shall not extend or� .
<br /> " '' "-.�-`� . pnstgone the du�date aiF tha�'Paym�ts refe�aed to in p�hs 1 aad 2 or chaage the amotmt of ttee gayme�ata.'df =
<br /> �-; .•' .��� :`�`.���` . nnd$r p�b 2I tIIe Prap�ay is acqutr�d hy Le�der.Barra�r's dght to au3►iasuranae polic�,aa�proaeeds resaltnn�from -
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<br /> '„-_-�:::-��-�:�;�`:' - .-.- -- damage to ahe PmpertY grior w the scqnisit�oa s6a1�ga�w I.ender to the e�teat of the stnmg secured Iry this Seauity I�suament .
<br /> y� - -+�.�_1,- _ ... . � . _ "' . ....._'_... ."_ "'," , -
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<br /> = .:,� m�+ediately prloi su tli�acquisitton: -
<br /> �+;�,,-;�� ' 6.Q�wpancy.P�+�vattaa,Mai�nance aad pirota�ion oi the Fe�perd�y;Bua��r's Loan Appaic�tian;i.��,�ra�_ -
<br /> :� '..' _`y W: .. Eoaa*�ver sLaU o�cupy.establish.and vse the Pmgeny as Borrower's�PrmdPal r�sWeaa witbin sixry days�tt tlae exawion of . �
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<br /> �--�;,,�� ��.�,�._ �diis Ser.nrity lnsuumeat aud ahaU caatE�e to oa�.upy the Prapertq as Sorrawer's priae�pal zesidance for at teasi one y�r a8er _
<br /> `. _."s 'ttu d�e of oecupancy,mpless Leuder othesovisa a�fn wrIting.whicd�conseat sba13 nat be�nabr9 wit�held,or tmless .
<br /> -:��a�•..�«.��, , e�nadag C�cumst�s eaisi WhiGh aiC b8yosid:Bonowei's c�ntml.�gatmwer shall�not destioy. dainaBG Or i�paii t$e�
<br /> ' :�= ' �P�Y.tillow the Propec�y to�teni0sete.ar commit waste on th�Praperiy.:Boaower shaU�e in defauit if any fa�zfeit�
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<br /> _ � �" '4:�' ` � ad3oa or pro�xeding,whet�er c�vil or a�m,inal.is begua that m Lender's gaod faith judgment oantd resplt in forfeiture af the
<br /> ; ' : ;°�.: . Prage:tY or othenviss,matetiatly impair the Iie�a c�rr�ted by this Seeuriry Ins�me.nt or Leuder's seauItp�nte�est.Sormwer may
<br /> �:.:.�,; ' euc+e s¢eh a defuult�c3z�einstat�as pravid�d ta��ragrapH 18.hY eausin�a"��ii�ion or prac�eding to 6e d[smissed with a mling
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<br /> :r�� ' `{ � � �'�• . that, in LEa$er's good faith detc�atFon, pr�s.':udes fosfeir�4f the �Ec�r�:awer's intexa�t ln tl�e Pmperty or ottcer material
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<br /> ��ar, ,: • imPairment of tihe llea creazed����i�i3.Security ta�suvm�t r��uearler's secaxIry int�.`.'�osrawer.�hhall also be ia defanit if .
<br /> :`'..;: `�;';;'��',`���� ' �ormwer,d�Ing the Io�aPP��P�i�va materiaIIy'�e or i�aaccu�ate infOr�an or sta�effienis to L�der(Qr f�ted , . ,
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<br /> '�`,:pt��,�,y� • • , w pravidc lender wlth a�r materIal iafonma�3.irs:o�onwii(i the Io�n evide�ced by the No�.ittcbd'mg►but:iet i�ited. .:,'�` „
<br /> _::.;Y�.;.,:4,:.:4 � .� � • � to.representaHons conce;atng Boanwer's "aca�r oPthe Property as a p:iacipal resideaoe.If tbis Security Inst�nm�t is oa a '
<br /> -=�.�u?;.w";�: � tease�sotd, Borrawer s$all wmply with all the provisic�ns of t5e Ieasz. .�f Bormwer aequizes fee tide to the Yroperty.ttie •
<br /> � � leaselLnl�and ths fce atte shall n�t�erge uai�1,ender agc�s tothe mE�r.u►wsIdng• �
<br /> - ''-�`�'� 7�S '..,..,r i,;;,�'��s� �.: �� � �..r� anta an�.a�eamainad ia.
<br /> ,.�s...�-��� . ....d. ,.-a�. ���.tg�I€ �� _�rn the�^; ..
<br /> - -=_ _--= this Suurity Inst�.,°nt,or_there ia a Iegal pnoceeding�at�sp signiffc�affect L�s�zights�in the Pmgerty(such as a
<br /> -__- --_-- '��� .Ptoce�llag in b�,�,Pzobaze.fos condemnatlon or forfe�due�or to e��e laws or'rsgotatlons),then i.ender may+do aad '
<br /> ''�'' for wbatever is�ary w pra�ct tl�e vaIue of the and Lenti�r's ri ��he Fm Lendor's act�ans magr
<br /> -- PaY �Y �� . �•.
<br /> -----_ � :incTude payhig any sams ser�t�'�► a IIen which has p�i�.�+ over this Seaurlty �ent. aDFeazing ln cbuzt,;.PayIng
<br /> - �. reasouable attotaeys'fees and'e�'�.r�g on thc Ptoperty to m�;tdpaits.Although L,ender�tray tatce actloa tmder th��aph
<br /> -_-_ ° � 7.Lender does aot�,�ra w�do so, ' . �.
<br /> _.---_ ,. , � pt�r amo�mta disbutced by Lcnder under this pa�agiaph 7 sLa11 beoome addiHonal debt of�'a�c.ower se�red by tbis .
<br /> ==��Er_e�y Serurity Inst�ument.Unless Boirower aad Lendei ag�ee to other te:ms of pa�ment.these a�unts�d.L�tear inses+'�st from ths
<br /> --a�.:�,=�-°;°�;-
<br /> --•_- +-�7 � aNestinS.
<br /> --��� date af disbu�sement at the Not�e rate'and shall be payabte.,arlth intezest,upon notlae from l�endeY��i Bomnwer r
<br /> -=--v=----�= payment. . , � � �
<br /> - . ==�.;3��L=�� g..Martgage IInsaran�e.If Lgnder reqtii�ed mortgage Insusance as a cogditloa of makIag t�te lp�iy�red tsy t�Sewrit3+
<br /> =n YA:ri::�� ' Jnstn�ment, Boao��shaU pay 4he preminma ceqoired to mainmin the�:tgage iasuran�e iu effece.�F.�..for any reason;the . ,�:,
<br /> _`=-�w W=�a mortgage ins�ranc��c�ge reqaired by L$nder lapses or ceasa to be in effect,Bomower shall pay the premiums required w ;
<br /> --.:-�7.i,4.�f K3':i3Y�ll�
<br /> --. _,,.T.y� obtain coverage sub�.��a�ty eq�ivalent to the mortgage iasaiaace prevtoua�Iy in�effect.at a cost subsiantifiliy eq�dvalent ta the
<br /> _='"u�;�`,�.�,� ws�to Borrawer oY tµ:,mort�,ne insurence prevtausly ia effect. from an altemate��age iasurer appmved by Lender. If
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<br /> `-__��:,°�• substaadally equiv��^,;mortga�e ansurancs caverage is not available,Bomawer shaU pay w i.ender each month a sum eq�ial to
<br /> =-•-�;-�.
<br /> ----u- �� . ono-twelftb of the y�s'ly mart�age iasuraace p�aiwn beiug paid by Botia��r when the insuranoe coverage.lnpsed ox ceased ta
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<br /> - -,. , � : be In effect.Lender a►ill aocept�t�se and re�e�e paymeate as a Ioss iesxsve in lieu of mortgage.insurance. Loss :eserve
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