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<br /> '"����;'`',.� periods thut Lender reyui�rs. Thc �acuran�e carrier providing Ihe in�urun��c xh�ll t�e chutien by&�rrowrr aubjec�ta Lenderk
<br /> -�,�,.;,, approval which shall not be unrcasonably withheld. If Bexrowe�fails to maint�in coverage dercrit�ed Abave.Lender may.at "�`�
<br /> ��$'�;Y � � Lender�s aption.obtuin coveruge lo protect Lender��ghts in the Property in a�:cordunce wuh p•rr.�graph 7. �
<br /> ���'a'�'„�' ,'�'i°. All insuronce policies and renewuls ctwll be ucceptable Io Lender and shull include u�lundurd mongugo clauce. Lender =
<br /> .�:�,,. .
<br /> _ ,:�...��'. ',' � shall have the right to hald the policies and renewul,. If I.ender nr�uires.Bnrmwer�hall pn►mpdy give ta l.endor ull reccipts ����:.:
<br /> . „r;.;•. • of paid prcmiums and renewul noticex. In the event of lass,Borrower�hall givo promp[naice�o the inwrance cume�and �._
<br /> . a,;:;,;_: �' Lendcr. Lender may make proof af loss iF not mude prampNy by Bomnwer, ___
<br /> '^-*�' M-:;,-. Unlesg Lender wid Borruwrr uti�rwi�r ugree in w ri�ing,inhur:u�re prare�d+shall be applicd ta rc+tortnion nr rcpair of c_--
<br /> :'�, �.- �:��: thc P�peny domAged,if the restorutian or repair is e�anamicully fca.yible unJ Lender� +eruri�y is nM lasxencd. If ihe __ �
<br /> - � ���; '';�,;�;;�� resloration or repnir is nat economic�lly fcasi6le or Lender's security w�xdd he Ic.ticned, �he in*u�e praceeds .hull br _::;=-
<br /> —•�•:r�r:,�� .:s.� :-. upplied to the sums secur�ed by this Security Instrument,whether or n�H then dua, wi�h uny excesx puid ta&►mowe�. If _
<br /> —.F_'u.i�,_,� Bortowe�ubandons�he propeAy, or doe�e nc�t unswer wi�hin 30 days u nntice from Lender thnt the incurunce cume�hus ��,
<br /> _ -��sap��.: off'ercd to rettle u claim,then Lender may callec�the in�urancc proceed�. Lender mAy u�e the praeeds lo repuir or restnre -
<br />_���'�. ' ._�,,,.. the Propeny or ro pay sums securcd by this Security Instrument,whe��he�or nat�hen due. Tha 3(I-day periad will begin when �___
<br /> - ; :,�,.. tlx:notice i+given. "
<br /> ��,-�:�; �' -- Unlesx Lender and Bortower otherwise agree in wrning, any upplication of praeed��o principul shull�at eatend or ���•
<br />___.,���. ; � poslpone the due date af the monthly puyment�referred ro in pamgrupha I nnd:or chan�e�he umaunt of tha paymems. If �'`�`
<br /> = —:s:`.:�: � under parngrnph 21 the Property is acyuited by Lender,Batrower's right ta suiy insumnce pnlfcia�und proceeds rrsulling ��'`_'
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<br /> �� ,. =,•:,� from dama�e to�he PropeMy prior to�he ocquisilian shull pas.s�o Lender to�he extent of the sums secu�d by thic Security �,..,-:--
<br /> :70W�`�;,.r'. ���:�
<br /> � ,,,,�`�:r}��,._. Insuument immediately prior to�he acquisition. �e�•�_.
<br /> `i���.'�"�� � 6. Uccupwncy. Preservation, Mpintenance and Protectian of Ihe Propeny; Bo�owe�'s Loan Applicationi
<br /> ~—�!�= • �'���� I.easehMde. Barrawer xhull occupy.establish,and use tha Property as Borrower's principal residence withln xixry dayg afier
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<br /> the eaecu�ion of this Security Instrument und shall continua ta accupy the Property u.e Borrowerk principAl residence for nt '_���
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<br /> -�;� yyQ-. . leas� one yeu utter the du�e of occupancy. unless Lender ahervvi�e ug�es in writing, which conxent xhall not be �����
<br /> =. " unreasonably withhald,or unless extenuating circums�unces exiu whioh are beyond Borrower��onlrol. Borrower shall not �':T;;�
<br /> `u•�' ���`�;,�• ; �•. •, des�roy,dumage or impair the Propeny.ullow•the Ptoperty to deterinrnta,or commit wos�tl an the Praperty. Borrower shull , •�
<br /> � ."'"�='• ' be in default if an fafeiture nction or eedin wha�her civil or criminal,i►�begun thut in L.encier g goad faith judgn�ent �;�,�. •,
<br /> . ��r�.�i��;_�s:;, , .,:,. y Proc B• : �;,;.
<br /> ` ��;�•;;�:�.,,'; :=s cauld result in forfeitum of the i'�openy or othnrwia,e mutarially impair �ha lien �7ruted by �his Security Inslrument or �;.;;4��.��;
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<br /> � '��µ� .�fi'��:C i�,�� Lenderw securiry interes�. Bomower may cure sucM a defauU and minstute,us provided in pamgraph I8,by causing the uctiot► .���A!'.;^
<br />'`.�r`�� � �• r��`�' � or pro��eeding to be dismixsed with u ruling thAt,in l.ende�i:goud iiiith de�erminution,pmcludes forfeiture of the Borrower� ,�,
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<br /> .,;,., x interest in rf�e Roperty ar ather mutarinl impaimiem of tbe lien created by this Security Instrument or Lendcr� securiq• �.^""
<br /> _:�_+�, ,,'" interest Bomower xhall�alr;u be in defuull•if Bc►rrowcr, during Ihe loan npplication pracess, gave materi�+lly false o� �'-
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<br /> �:�'�;,��, �� ,:' ,, . inuccumto inform��ian ar statemenls�o Lendor(or fniled to provide Lender with uny mnterial information)in wnnection with ����jµ� °
<br /> � . the loan evidenced by �he Nota, including, bub nat limited to, representations conceming Borrowert occupancy of the �- _°_°-
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<br /> ..''r-; ;�. . ,,.,ti.;: I'mpert}::.,:princip�!te+idenc�. I!thi�-Security Instmment i�!�►ta�eavehnld,Hormwer zhall comply with all the provisions _--- --
<br /> �- �'X,�i'„�: of the lease. U Borrower acquiras fae dtla to the Propefty,the leasehold and the fee title shull nat merge unlesx L.ender agrees ____,
<br />' ''' ';'r,y}' to the mer�er in writing. ,+'=.�
<br /> �1 ���� 7. Protection of l..ender's Rightx in the Property. If Borrower fails to perform the covenants nnd ugreements z;�:_::.`
<br /> s.�. ;;`jf�,;i�.��: , cantuined in thls Security Instniment, or theru i� u Iegnl proceeding that mAy significantly affect Lenderk rights in the -�=.��:
<br />_ �;,i;;;;;�+��;�,'•; � . _ Properly(such u+u proceeding in bunkrup�cy,prohate,for condemnution or farfeiture or to enforce Inws or regulations).1hen ���D
<br /> '�•�` Lender muy do nnd pay far whatever is necessary to protec�the vulue c�f Ihe Property and Lender's•rightti in the Propeny. "'�"""
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<br />'�; ^ .� Lender's nctions mny include paying any sum.ucured by u lien which ha.priority over this Security Inswmen�uppeuring ��__
<br /> . • � in court,paying reuKOnablc nttomeyx'fees und entcring on the Propem to muke rcpnin. Although Lender may tnke uctfon
<br /> � under this parugrnph 7,Lender daes not huve to du so. -
<br /> Any nmounts di�bursed by Lender under�hi.paragrupb 7 shall become additionul debt of Bortower securcd by this
<br /> Security Instrumem. Unle�s Bortowcr und Lender a�ree to uthcr icrnis of puyment,thexe amounts shull benr interest from�he �°'"`�`,•
<br />- daie of disburxement a�the Note r:�r and shull be pnyuble,with interest,upnn notice from Lender�o Borrower re uestin L;°-
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<br />���•�,:; 7_ ,,.N: . 8. MorlgaAe Insurance. If Lender reyuired mortguge insuranre a.u condition of mulcing Ihe loan secured by �his �„��,
<br /> ��' ' Securiry Mstrument, Bnrrower shall puy�hc premium+ rcqwred�ci muimuin the mortguge imurunce in effect. If, for any �,_y�
<br /> � �° ��'+����{ � �� reason, the mort u e {nsun+nce coverc� e re uired b Lender la 1es or ceatic, to be in effect. Borrower rhall pny the --,_
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<br />_ ��•�' �,• ' � premiums required to oMuin cavera�ee xubstun�ially cyuivulrnt tu Ihe monguge intiur:�nce previously in effect, at u cotit
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<br /> ,;;���'•'��"' ;?�+'��• ` xubtitnntiolly eyuivnlent to the wst to Borrower of the mortguge insurance previau�ly in�ffect,from un uhemnte mortgage �`-;_�ri_•,
<br /> �� ,.�1'•� �` �i,�:' inhumr approved by Lender. If+ubstnntiallv eyuivalent m�nguge insu�ance covernge ix nat availuble.Rorrower shnll pny to -��•�
<br /> -� � � �� � � � Lender each month u sum eyuul�o one-twelfth of tlx yearly mongagc inzurunce premium being paid by Borrower when the ���;,
<br /> '.�;;:�� 4� :. ��, insurance coveruge lupsed or ceased to he in cffecl. Lencier will ucrrpt,u.e unJ retuin�hesr payment,ati u loss retierve in lieu iE���➢
<br /> °.',',' �,,,.-; ° , of mortgage innurance. L.oss reservc paymemx muy no longer be reyuired,a�the opti�►n of Lender, if mongage insurunce ��:.����.
<br /> :i;°' '� ;,;;;�... , ' covernge(in the amoum and for the perind�hat Lender myuiresl provided by un in.urer approved Ny Lender ugain becomes
<br /> � " ��.:�,t,�F;�, uvailable and is obtuined.Borrowcr xhull puy the premiumx required to maimuin mortgugc in.urunce in r(fect,or to provide a
<br /> • � `"`��`.�� . ' loss reserve,until�he reyuirement for mongagr insurunre end.in aircordunce wi�h�my wrinen Agreemrnt hetween Burrower
<br /> �, f+.}•:s•'�
<br /> • nnd Lender or upplicuble law. ,
<br /> ' � � 9. Inspection. Lender or it�agem muy m:�ke n u.onublr entric,upun and insExc�i��ns ut thc Prupeny. Lender.hall I
<br /> ' • give Bortower notirr at the time of or prinr lo an inspecti�xt s�xcifyin�t reuumable cau,e i'ur�he insprr�iun.
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<br /> 4 . 10. Condemnation. '1'he pr�xrrd+of any award ur rlaim t�ir Jcuiiagr•.dimrt or comeyuemiul,in cimncrtiun with uny
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