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<br /> t� y. �gn��d �r pno�r g�sss�rance. Borrower shall keep the improvement� now exisEiag or hereatter er-acisd an the _�.,
<br />`,��,' propecty ins.�rzd a�nst toss by fire,ha�rds iacluded within the tem► "eatendxd rnverage" and any other 6azacds. inc[udino �. -__
<br /> � floods or ttoodin�.for whic�I.ender requires insvrance.'l�is insurance shall be maintain�i in the amaunts aad fo�the p�iods ��
<br /> that L�der requares.The insuranse carr�er providino the insurance shall be chosea by Borrower sabjecx to Lendei s a�prov�! � .�
<br />' �viuch shaJl not�e unreasonably withheEd. If Bormwer fa'ri�ta urai�ta�n rnver�e d�d 2E�ve, l�nd�r m�y, at Len��'s �_""'
<br /> option,obtain co�erage to protect Lender s rights in the Property in axordanoe witb paragraPh 7. �'��
<br /> All insuranee policies and nenewals shaU be as�ceptab'�e to I.ender aad shatl iustude a standard mortgag�ctause. [.eader �-_
<br /> shall have the right to hold the po4icies and reneivals. If Lender requires.Borrower shaSi pmmptly g:ve to Lender all nxeepts af �r�`.
<br /> _ paid premiums aad renewa!notiaes.In the event of Wss.Sorrowe�'st►all give prompt notice t�Yhe insurance c�rrier and Lender. �=4__
<br />-}� I.ender may make pmof of loss if nat m:de pnomptlY bY Borrower. �"�"
<br /> Unless Lender and�ormwer�thenvise agree in w'ritin$.ins�rance P�S shali 6e agplied to restoration or cepau'of the k�.;',}�
<br /> Pcoperty damaged,if the etistorAaiun or rep�ir is economically feasible and Lender's sesu�ey is not lessened.If the Pestoration or ,�.;T�—_
<br /> repair is not economic�liy feasibie or TxnrJet's securiry wautd be tessene�.the insurance proceeds shall 8e appGed to the sums �_:'
<br /> secured by this SECUrity Instrumenb whether or not then due, with any excess paid to Eorrower. If Borro�ver abandoas the ___
<br /> Praperty,or daes not answer within 30 days a natice frvm Lender that the insvrance carrier has offered to settte a ciuim. then � '
<br /> LQader may coilect the insurance proceetis. Lender may use the prnceeds to cepair or restore the Properry or w pay suu�s �,°,;.:.
<br /> secuced by this Security Insnument,whether or noi theu due.The 30-day period wilt begin when the notice is given. _ �'==
<br />^s�; Unless Lender and Borrower atherAi.�:.. agree in writing, any appliration of proceeds to principal shall nat eatend or �;:�;_�
<br />~'�-- postpone the due dute of the mnnthly ps}�zrts refemed to in paragrs�tss l and 2 ar change the amount of the payments. If ":�_
<br /> '�'� �s �Lender.Borrower s ri to an insurance olicies and rooeeds r�lan from �_��
<br /> ;..� undet par.�,trraph 21 the Pra��te.y� se�ur� 8� Y P P g �'_•�
<br /> damage to the Propercy Priar�'�e acquisi�en shali pass w L.ender to t�e eatent af th�swns secured by this Sesutiry Ia�tniment �;i�
<br /> immediateky psior to the scy�:tion.
<br /> 6.Oocapansy,Pr�servattpa,Ma��t�nce and Protedion of the Property,Borrower's Loan AppliratFon;L�.Siolds. ----
<br /> Eorrower shaU occupy.establish.and use th�Property as Borrower's principal residence within sixty days aRer the exeeutian of s.�,__
<br /> t�vs Security insautrtent and shall continue to occupy the Prnperty as Borrawer's principal residence fos at[e�one yea�'uf�er f•"'•:
<br /> cRu date af occupancy.un1e�Lender otherwise agte�ua w►iting.which consent sLall not be unreasonat�ty witi�held.or un2ess �_;',
<br />-`�•� �e�ating cin�mstances er�st w6ich are beyoad 13�a�awer's control. Borrowsr s6all not destroy. damaa�e or impair t6e �
<br /> :::r.;, e.
<br /> �=`�? �ruperty, ailaw the Property to der,erlorat�, or comurit waste on the Property. Er��rower shall be in default if any forfeiture � ;,_
<br /> _--= action or proceeding,whether civil or c�r��!�;nal,is 6egun that in Lender's gand fL.��judgment oould result in forfeiNre of the �•�.= ��
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<br /> � Praperty or otherwise mater�s'�y'ug��etre lien created by this Sec+irity Instrum�st cr Lender's security interest.Sormwer maY , •
<br /> � cure such a defauit and rein�:�*�..'s�+zded in paragraph 18,by rausing the aai�s�cs:proceeding to be dis 'm�sed with a ruling ',;�`
<br /> that, in Lender's good faiti�c����*?an. precludes forfeincre of the Borrowc�s i�teresc in the Property or other muterial 4�.
<br /> impairment of the lien creaa��+�z��'u�s�rity Instrument or Lendea's security interest• Borrowex shall also be in defanit if ��
<br /> � 8orrower.during the lnan agplicatie��naaess,gave materially false c;i:naccurate information or statemeirts to Le�der(or f� . '` _ '
<br /> to provide Lendet with any ma:oria3 ir'c:Ynation)in connection wi�tz��:'loan evidenced by the Note.inciuding.but aot li�+i� _�-_
<br /> _ � w,representadons wncemir�?.8�.�*r.'ower's accupanc;�ew��e Property as a princi�+:'.*esidence. If this Securtry lnsaument is on a �;`
<br /> Itzasehold. Borrower shall:ceis�y�'��; a��s'� a11 the �Lii;u?�s of the lEase. If En�:c�er acquires fee titte ta �3� Property. tite �tti,_
<br /> '�' �' �:�sehold and the fee titIe��T c►�>��w r:nlsss L-esn.�s''r�;ee.s co the merger in w�s:�g. —
<br /> ''��� 7.Pcotectfon of�eu�x"��'!�L�.t�k.e Pa'ep�:3f Borrawet'fails to perform the covenants and agce�nea�comai�i�. �—
<br /> r:��-•sr, • �^,ueaty(such zs a .
<br /> this Securiry Instrument. ar�;�is a'e�:proceedir��,:hat may significandy affeci I�nder s rights in the ��,
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<br /> � �nsc�ding in bantuuptcy,i�fi�z5e,for condemnatiag r.r€orfelmre or to enforce tacr�s or reguladons).then�er may do and _
<br /> °� �ay for whatever is na���a Co protect the value of tit.i Froperty and L,ectdeT's rights in the Property. I.�r�r's ac�Ions muy ��;;;;::
<br /> :_� ,. mclude payin$ am+ sums sPCUred by a lien which has priority over tlils Secwiry instzument. appearin� i:� court, paying V--
<br /> •,.� reasonable uttomeys'fees and entering on t#►e Property to muke repai�s•AlthougIs Leieder may take action under this p�t� __
<br /> . F 7,Lender does not hnve to do so. � __,_
<br />��: �"�: My amounts disbumzl by Lender under this paTa�taph 7 s'y�ll beoome additional debt of BarroRx�4�ttttid by tl;.`•s . ,,,.••-
<br /> a�curiry Instrument.Unt�n f3orrower and Lender agcir to other terms of paym�t.these aa�onnts st�all lsea�'i�at�.�si fmm the ,.
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<br /> � date of disbursemem at d.�e:�iote rate and shall be p;s?sble, with�.'sterest. upoa r�otice from Lender ta �ti�r•G�c�r��r mquast�nS ;<°
<br /> Y. paymem. � _
<br /> ,`: i S.Mortggge Insaramr;.IF Lende,-�+v�,uired cwrtgage insuzastu�:a�a condition of making the loan secured by this Secvrity __,
<br />'': t Instrtunent.Barrower sha3]:�ny the pn�:'.:u�ns re�cdn�to maintain tlie mortgage inswanoe in effect. If. for any reason.the. �
<br /> . ':'� mort�age inturancc cove�,��equi�ed by 4ender laprs�.s or ceases to be in effect.Bormwer shall pay the pt�s^�sums t�eqnired to '___
<br /> :_ :� obtain covernge substami�!ry equivalent to the mort�:.i++�*�*u�previoasly in effect,ai a cost substantiull,y��ivatent tn the '��
<br /> cost to Borrower of the mortgage insurance previously in effe�,,t�m an a(temate mottgage insurer appia�•v.'.�Gy Lender.If �„•
<br /> � � substaniially equivalent mortgage ins�sranoe coverage is not avail.,lsG:.Borrower shFill pay to Leader each mor<L�a 6Jm eqa:3 w �_
<br /> � one-twelfth of the yearl�l^�rtgage insurancc premium being paid by Borrower when the insurance ooveruge E•�sed or esase+d to
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<br /> . • 6a in effect.Lender wil!ma�t,use and retain these payments as a toss reserve in lieu of mortgage i�. Loss mserve
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