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<br /> -��`c. •a n~^fi.`-` Ol��j► jIIS11i8QOG BOIiOWEi S118� ��1C 1II�IOVCA1Q1tS IIOW 67UShA$ O! tlCtC�tCt @tCC�fld OD t?!C ��?���;=..
<br /> ;��°F ` �'�- �iasuted against loss by t'ire.haratds inct�tded wiEhin ti�e t+erm'extended coveiage" and say oti�er 6a�ds.inctudittg ' 4��
<br /> =a `�,`�'`�<•, for w6ish Lxnder insuranoe.Ttiis insvrance sha21 be maintained in the amomsts and fFar the periods ,i ...
<br /> L:?�-,; ,�:. tioods or ttooding. �� � •°
<br /> �`"':";`.;„`-°�.�E" t�at Latder requis+es.Tl�e iamrance carrier provtding tbe insurance shall be chnsen by Borrower sub,ject to LeQder s approvat s:{`��4.:
<br /> �`k� ��:� to maintain cov e described above. Ixader may. at l.ea�er's ..•..�,.:
<br /> - .�,:�� � whicb shall aat 6e unreasonably withheld.!f Borrower fails �S
<br /> ��-<<.:_,'�r �:�� m a000rdance with h 7. .?.-'`��
<br /> . �' �.;-� option.ob�in wverage to protect Ixnder s rights in the Propaty' P�S�P _ r�:,
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<br /> .."�r :..::,, ...� AII iasuiance policies aad renewals sdap 6e acceptabie to Lender and shall indude a standard mortgage cfu�se. ieuder
<br /> �v.� r� Borrower shali prompdy give to L�nder ail re ce i pts of ,,.��...:
<br />.-�%�;;.., . �:,�.. . shall have the rigdt to hold t8e policies aitd renewals.If I.eader requi�+es. �,.��.._
<br /> ' ,;' �_; paid premiumc and renewal nnUces.in she event of loss.Bomav►er sHall give prompt nodce to the irLSwance cairier and I.ender. �q
<br /> =? {��y make pmof of loss if not roade pmmpdy by 8orrower• ���be �to restoration or repair of the �"` ,
<br /> �f=4�"���•�} Unless Leader and Borrower othera�se agtee in writing,insamnce P � =--
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<br /> ``:_'�`:```=`�Y:� p�p�Y damaSed.if the restoiation or repair is uonomiratly feasibie and Lender s sewrity is aot lessened.If the restoration or ,`-;
<br /> � �<< -
<br /> repair ia nnt economicaZty feasibte or L�sder's seauiry would be lxssened.the insivanoe prnceeds shaU be applied to the sums �.
<br /> ��.�:�:�"-��:="u', secuned by this Security laswment,ah�er ar aot then due. with aay e�P�d to Bomawer. If Borrower abaadons the ,;;.r�
<br /> � ��- Y �'�; Propert�+,or daes not m�swer within 30 dxys a nodce irom Leader that the incu�anc�e carrier has offeced to se,ttle a elaim. theu :
<br />_:;-�_�:;,_:�;;,�;::' ���y ooltect the iasurauoe pr+oceeds. L.eader may ose the proce�ds w �or�+estore the Properey or to pay sums •�,':;_
<br /> � �'�,T`;" -, ad ariU 6 when die aotice is given. -:°-
<br /> '��. �-` ��_��: se�v�d by this S�rity Tnsuomecu.whether or not then due.Thc 30-day peri egin . _
<br /> :.�•.;c.:`-`:;'_•���� Ualess l.ender aad Borrower otHerwise agree in wridng. anY $PPlic�tion of Qmceeds to primeipal sl�alf not extead or .;�:':
<br /> ' k " �f- pustpo�the chee date of ttte montiily payments referred w un parag�apbs 1 and 2 or change the amount af the payments. If � `.
<br /> '.-;�<�_:�..�`.-Y nnder qa�aph 2i the Property is soqaised bY Iender,Borrowe�s tight w a�►y iasaran�e pal�cies�td pmceeds nxattin8 f�+nm ?
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<br /> ';Y,`:,' �. ``.�;•1�:,: dau�age w the ProP�Y Prior to the acquisidon�al!pass to Ieaded w the extc�t of the sums secured 6y this Security Instrnment �:
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<br /> � t� ; 6.�o c a p a n e y.Pteservatton.Mafnteaa�ual Protedion of thP IIt�g�erty,Borcower's Loan APplfc�atton;Leaseho9ds. �
<br /> 'r'`":��.:�r��` � �orcower sh�ll oacapy,estabtisb.and ese tt�Ti�aeperty as 8orrawer's prmci�a!r�sideace within sixtY daYs after t h e ex�tiaD o f _-: "
<br /> E��;'`� � *.' tlns Sea�rity insaument end s1�aU continne ro oo�gy the Pmgetty as Harrower's principal rrsidence for at teast oae yeat aftes ,,.
<br /> -�.�`'.°�1';��;,.�:`� � the dare of oxupancy.un2ess Lender otherwise agrees in vrdting,which caonseat sha11 not be unreasnffably withheld,or an2ess . �� .',
<br /> �,'n`'� .` exteauarin anaimstaaxes eaist wluch are beyoad Bomawer's cuMrol. Borrower shall not destroy, damage or�nPair the �".''
<br /> l,�,t�� . .. `, � Bonrawer st�ll be in default if any forfeituce
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<br /> • � .�-� Pmpeaty, aflow the Fiaperty to dete�iosatc or commit waste on the Property. '
<br /> `'' �" aaion os prac�ceding,�er cfvil rn crimiaal.is begun ttiat iA LerWer's gaod faiW judgrae�at ooatd resatt in forfeitore of the �'�f
<br /> ,::'�;;_�::�, or Lender s seaui I�etesE.$ormwea �
<br /> ., PtvpeKy or othe�vvise materially impair the Ilea aeated bY thls Security Instrumeat � �Y � �,-- `
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<br /> ,�- �:'> h 18.hY cansing the stciion or procee�iug w 6e�d arjth a roliug -
<br /> . . .,,. �.; wne sric�a defaalt aad rem.�tate.ag Provided in paiagcaP �``�
<br /> �•``-''=°::,-``": ., that. in IBader's gond faith detertnination,pnectudes fodeiture of the Horrower's inte�+est in t6e Pmgerty or ott�er matedal
<br /> - �� °'`-'N is�afirmem of the tien a�eated by this Seaaity Tnsttument ar Leada's�aaarity.intetest. Bonower s6all also be ia de�uit if. . �_��
<br /> ` ','""',-`�.`��` Borrawer.during tbe loaa application p�s,gn'e materiaUY false or in�carata infom�ation or�ems to LenQes(or faited •
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<br />;:'i.:��;:.'-.�'• ..,..' ta�rovids Lender with any materdal infaimation)in oonneaion witi�the laan evideaced hy the Note,ittciud�ng.b�aot timited
<br /> � :, � to.repre,se�taaoAS ooaceming Boraawes's ooc�ipancy of the Ptaperty as a p:incipal residence.If tdis Sea�rity In�rumexu is oa a r°
<br /> '` ' `, leasehotd. $arrawer sl�aU ¢ompty witb sU the provisions of the tease. If Bo:rower acquires fee titis w the Pioperty. dte.
<br /> ,t„ .,'";�-�'''- 'tt shall aot me e aal�Leader agees to the merger in writing. ��-=
<br /> � ,;:•�-c °: .:,.:.- : leasehold aad the fee ti e tS contained in �
<br /> �� �..._ � , �,' 7.Fratec�ton of].cade�s Righta in the P�nperiq.If Bosower faits ta perform the covenanu and agreements � _�
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<br /> � �.:.�.�. •: < this Seruriry Irua�unenb or thae ts a legal p=ucesd3ng ti�at maY Si�i�c�Y�ect Lender's rigflts ia the property(such as s �,^
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<br /> ''�,;;,,�.;.�., mceedia�in 6anlavptcy.probate.for coademna�on or fodeiture os w enforce laws or regalations).ther►l.e�eder may do sud —
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<br /> �,�`j�:;:',,,�;�.,. pay far whatever is-ne�s�arY to protect the valae of the Property aad Lender's righta in the Prapecty. Lender's actions may --
<br /> �, : . .:`::;:��: include PeY�aS ar►Y � � bY a liea wdich has pdariry over tLis S�curity Instn�meat. appwriag�in cau3t, PaYinB =_
<br /> -`=�.''�,:�:���.`••'.'��: �reasanable attomey►s'fces and entedng on thes Praperty to make repaire.Aithongh Leader may mke aaion undes this paragreph .
<br /> ,�.:�'° '"-,�'� 9.La�des d�s nat have w do so. ' .
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<br /> -. `:.; . ,.-e%: Atry a�a�nts disbursed by Leader undEr this pasagrapb 7 shall become addidoaal debi of.BOmawer sec��ed bY this ,_
<br /> ::G;;�;',�:.;`:� r. Iastrument. U�s Boaawer astd LenQer agree to other tcrms of payment.th�se aataums shatl bear inter�st fmm the =-=-
<br /> .... . .,:.._�tt:� Securiry. . .
<br /> :,. ':`�`�.,:�_� � '��: date of disbnisement at the Note rate and shall be payable. wlth interest,apon natice fmm I�ender w Borrower requesttng =--
<br /> ^ �� s�.'. P�8 1Ku�e Insarance.If iRnder requirod mmtgage insuranee as a condidon o3 makistg the laaa secu�A by this 5eeucity -
<br /> :.,f: -��:�:-
<br /> ;_�,�:'._;' �°i� Inso�ument,Bormwer shall pay the premidms reqaired to maintain the iuorigage insuTance in effect. If. for any reason. the �;;i�
<br /> .�L; �Rgag�ia�o�ce coyer�g�cequired bry Lender lapses or oeases to be in effect.Bonawer shall pay the pteanums�required to ��._:_
<br /> �:-..�... ,': �__
<br /> - . obtain oaverage sa6standalty eqoivatem to the mortgage insusanee previonsly in effea.at a cost substandatly eqaivalent ta We =--
<br /> ` aost to Bom�wet of tfie mortgage insw�anoe previousty in effect. from an altertiata mortgage insu�appmved by Iendes tf -=
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<br /> .. syb�staatfially equivalent mortgage iagurance eaverage ia not available,Borrower ahail pay to I.ender each moatb a sum equal to
<br /> � one�twelf�of the yearly martgage lnsarance premium being paid by Borrower when the iasnrance ooverage lapsa3 os ceased to
<br /> ' ':'>�;�:.. be ia effect.Lender wiA acoep�nse and retain these paymeats as a loss reserve in tieu of mortgage insarence. Loss reserve _."��.•
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