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<br /> _ 4 � � • . •r •_ In o `-� •� � �� a.z��' .'r . ' '�tn ��i�� • .f; k� �: � � .r�iZlr;'�CZ�i�� -�-�.
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<br /> µ'-;`�:: ,'.,"� ' ' • Iny'�rnnce. Borrowet s4tall ke�p the•impmvesnents�naw ezisting.or hereafcer esected on the � _.
<br /> �°'_r(;r;y : °_:s. 5. Bams�d_ar Y�opeety � . -
<br />::f;': . . ... . .
<br /> �_,,�..f.,: <<,�:',<<; praperty insured a,g�t toss bx firg. t�s�zard�included cvtthin tAe term 'extended soverage"mtd any o�her ha7nrds. infiIudIn�
<br />`� �,.;��•<<. . , ttoods or flauding.for.wtich tender requires insurance.This insuranc�shail be maintained�n the amounu nnd for tiie periods
<br /> � ' '� "`�+', that Lender requires.The insuranse ccutier provid3ng the insurance shali be c6osen by�orro�ver subjert to i.ender's ap�rovs�t ' __
<br /> .'�'y:`�";.. . .'1•., -
<br /> .• '�: . • which shall nat be unreasmnabiy withhetd. If Borrower flsils to maincain caversge described stbove. L.ender msy,ai Lender"s �
<br /> " option.obsais�coverage to pmteet I�nder's tights in the PropertY in.aaordance with patagraph 7. _
<br /> � �,J:--"'�"'��� � All iasur.�nt�policies and renewals shal! 6e acceptab2e to Lender aad sha11 indude a standaM mortgage ctause. Lgnder -
<br />'��`';?.�`��_� shari 6ave the ri�ht to hold the policies and renewals.If Ler�der requires.Eorrower.shall promptly g�ve to Leader a!1 receipts of _
<br />: `_����� �..i�premium.�aad renewal n��In the:event of iass.Borrow2r shall give pro�t nctice to the insuraace careier aad Lentler.
<br />°_,.zi.-: t;_,_... �.. _r ,. ,-
<br /> - ,:, ,;,� Lender may make proof of toss if ant made promptly by Boiiower.-` �
<br /> = � ''4�� Uatess Lender aad Bnn'ower otherwise agree in writing.iaKUtance prooeeds shalt 6e applied to resWration or repair of she
<br /> 4 � r', Qnupecty damaged.if the testoration or repair is ecanomicallY feasible and Letider's securiry is not lessened.If the cestoration ar , ;
<br /> - °-=?.�,�� repair is nat eoonomically feasible or l.ender's security wouid 6e lesserced,the insuranCe proce�ds shall 6e applied to t6e sums
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<br />:=��:�.',='°..��} �� • secuzed by this Secauity Insuument. whether or not then due. wi4b any excess paid to Bomower. if�orrower aba�dons
<br /> �'=',:�..':'=' � Fropertyr or does not answer withia 30 days a norice fcom L�uder that the insarauce carrier 6as offeted w settfe a ctaim,then
<br /> ��=,.�:r -, .
<br /> .�,:;, : Leader may collecc tAe insuramse Proceeds. I.ender may Use the praceeds to repair ar rescore 3he,Pcoperty or to Qay sums
<br /> ,'�-_�.•_. ...
<br /> --'"'���' sec�red by this Sec,viiry�Instrument,whether or nolt then due.The 3Q-day period wi1I 6egin when the notice•is given.
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<br /> -_=,��e-.,.�-- � ,
<br /> -�•�"."�" .,.� Unl�s Lender and Borrawer oWerwise agree in wri3ing, any appliration of pmue�ds to principat�shall not extead or
<br />:;.;;.�:- --:.-�.,..n,� Y Pal+�� hs 1 and 2�or ci� e the amount of the payments. df
<br /> '�;'�',�.';`,.::�':,s pnstpone the due date of the.moritht refemd ta in P� S •
<br />.,�-.::.-.-.
<br />---`�=:`��"'''`''`�y-r' , under paragraph 2i the Property is acyuired by L.ennder,Borcawer's,ri�t to any insurance policies aad proceeds rzsulting from
<br /> s� �, . - damage to the�Property-Prior.tn the.acquisitionshall�pass to.i�epder to the extent of the sutn�secaced isy tbis Security Insunment
<br /> - �--� --------..._-�-�--- ------�-----__.... _._.._._....-
<br /> �• j;� . - :_.ia�mediately prior W Ihe acquns�tion. ' ' ' .
<br /> _:.a:„��,�.�s � 6.QecaPanzY+P��e��n,Mainieo�nce and Protec�Oa of the Pmp�R9;Barr�wer's I.oan AppUcatton;I.��olsl�.
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<br /> :�:4,-�`��� Borrower shaU accupy,establish,and use ttte Property as Borrower's principal residence within sixty,days after t�e execation of
<br /> L `�:"`�g • this Sec,vrity InsWrnent and sl�ll continue w occapy the Property as Bflrmwer's principal cesidence for at least on�year after
<br /> 1 ;s��'�� tha date of occapancy. t�ntess Lender othe�se-agrees iit arriting;wluch consent shall not be wm�asonably vuitUhe�d,nr.ur�ess _ ,
<br />--�;.%''�.. • P�*.=,•�Q„�g circumstances exd�E whicd� are beyond Borrower's c�ntrol. Borrower �Il not destroy, dama�e or impair the ,
<br /> ' �'�:y��� Ho��,�es shall 6e in default if any fatfeiture�
<br /> �':��• �- Pco�erty, allaw the Property�ra`deterioiate.or oommit�e on the P�opertY•
<br /> _ °"=`:`;`�,ti�;;�` action or pro�ediag,whethez�ivil or crim+.nal.is begun thai in I.ender's gaad faith judgment cauld result�in farfeiWre of the .
<br /> r�;'��,�����' � ,�r Property or othe��se�atesialty_impair th:i��n created b}r this Security 1[�strument or L.ender's se�rity iater�t.Borrower may
<br /> , ;'�� �, '�' cure such a defaw"3 aar►id reinstace.as provided in paragiaph'18,by causin.g ahe action ar proceeding to be dismissed svit�a n�ling
<br />"`''��`�'=•���'l"-�- that.in I:ender's good faits�emunation, precludes forfeid►ce of the Borrower's iaterest in the Property or other matsriat
<br /> _-_.:����r �,�'`� impaimient of tlte�lie,�crezmJ,�q tlus Security Instrument or Leitder's security ir�-'.s�t. Borrower shall also be in defanit if •
<br /> ��-- - , &irmwer;during•�e luaa ap�riication process,gave materially false qr inatcurate infe�ation or statemeata to Lender(or•failed
<br />;;-.i:�;,��LL�?�'� tn provide Lend��:ntlr.any material info�on)in connection with the tidan evidenced by the Note,inctuding,bnt noi limited
<br /> __=_== o= to.representatie•�.�oneeming Borrower's occupancy of the Property as a principal msidence.If this 3oauity Ihswment is on a
<br /> ---"_- ---�,� . . leasehotd. Bonower shaU c<^.�ply witb all the provisions of the lease_ If Borr�wer acquires fee tiue to the Ptoperty, the
<br /> ----�`-'� te�old and the fee tide sh�[I!e,ot_merge unless Lender��s to the tner�er in writi�_ '
<br /> -_ _--_�� T.Froteottom of Leader's Rtghts in the Prdperty.If'�3onower fails to perfora7 C'�ra covenaats m�d agreements oontain�in .
<br /> - --° tius Security Instrument,Pr,there is a lega��_*acee�ing that may sigr•ss�rrt�ltiy affetx Lender's ri�ts in the ProPerry(sach as a . .
<br /> ------_ proceeding ia banF�u�icy.p�6ate,for ccau�:u�ation os forfeiture or��nforce laws or r�gNasio�v�;then Leader may do uu�., . .
<br /> paY for whatever is neressar�j.to profect the va:ue of the Property an�Lender's ri�ts in the P.roperty.Lender's acxia�aaay, '.
<br /> include pnying any sums sW�.d �y a lien which h�s priority over this �r��..�uvment. appearing in covrt, PaYing
<br /> - - reasonable attume�a'fces as:u�teriag on the Property to make repairs.Atttcough�def may take action under this paragraph
<br /> w ' 9.I,endet does aQ�Lave to do so. • �
<br /> ------ Any amrn::�s disbursed by Lender under this paragraph 7'shall become additional debt of Sorrower seauad hy tE►ss. �'
<br /> - ° -° Secvrity Instrument.Unless Barrower ar�H�ender agree to other temts of payment.these amounts shail bcar inter�st from the
<br /> -- -- date of disbursement at the 1�ia'w rate ar.d shall be p sJ�tcte. with 9nterest, upon�u�ce from Lender to Borrower•requestiag ,
<br /> . . „ .
<br /> - . payrs�ent. ,
<br /> -- --_= 8.Mort�age Insta�aace.If Lender n��u:ed mortgage insuranoe as a wndition of making.t��loaa securad by this S¢curity, .
<br /> -= -_- Tnstrument. �otrower sha11 pay the pre:r�,�s required to maintain the mortgage insurance iQ���. If, for any t�ason,the ,
<br /> � mortgage iasurance c6verage cequired by ixnder lapses or ceases to be in effect,Borrowet sha11�Say the premiums tequired ta
<br /> -==_ - o6tain covera�e cubswntially equivalent to the mortgage insuranoe previously in effi�¢,at a cost substan�ially equivalent to the
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