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<br /> ____ perioda that Lcndsr requirca. 'I'h�insu►uncn carrfar providing tha insurance shall ho cho�:an l+y Borrowcr subject lo L.endetti
<br /> � �� approval which shall not be unticasonably wilhhald. If Bamwe�fnils to m�inluin coveruge doscribed ubove.Lender nuy,�t
<br /> - - - Lenderk option,ob�aln coverage to protect[.�ndar R right�in�he Propeny in acc�xd�nca whh parngrnph 7.
<br /> -_ All insurance policies und rcnowalc shal)be acceptablo to l.ender und shsill include n slandord mortgage clause. Lender
<br /> shall have the dght to hold the policies and�nawal�. IP Lender requires.Bortc�H�er shdl promptly give to Lender all rYCeipu
<br /> -� � of puid premiums and �+enewal notices. In�he evont of lass,Borrower shull gi►��pmmpt notfce to the insurwice carrier and
<br /> -- ---_.
<br /> .• � Lender. Lender may make proof of loss ii'nut made prompt y y ortuwer.
<br /> �--- ��, I t'"°"'� Unless l.ender and Borrower atherwlse u�rce in wdting. insurence pmo�ndx shpll he opplied to restorution or rep�ir oF �-
<br /> �.,;,,..
<br /> �.� � the Property damaged, lf the �storution ar repair �s economicAlly feasiblo und I.enderk securily is nut lessened. If the �l:r�;.
<br /> °:, resto�atian or repair is not econamically feu�ible ar I.ender� security wauld�ba la�un�d,the insumnce praeal� shdl be =_�"''-
<br /> ------ ==n���;,.'� applied ta the sums secured by this Sccu�ity Insitumam. whether ar nW than dua, whh any exceas paid to Aorrower. li _
<br /> _ -�}--.�� ���;°" Bomawer ut+ando�x the Prope�ty,or daes�� answer within 30 duys n notioa from I.eider ihut �he imguranee carrkr tw� _
<br /> _•�`��,'�J"���5;25 offered ta senle n cldm,�hen Lender muy colluct the insumnce proceeds. l.endar muy une the prnceedc to eepair or rc.vtem �._
<br /> =������.,f�'��f��� the Property or to pay sums secured by this Secudty Ins�rument,whelher or nat then due. 'ihe�day period will begin when ---
<br /> � — -��;..L1x;�;:.;•;;i' Ihe not�ce is given. -_
<br /> .�_ '=__��,��;�:.. Unless i.ender and Borrower othnnvisa ugree in writing.uny upplfcAtinn ai{�rocecdg to principal shall aot extrnd a —
<br /> _. �::��-�;;'�..��:" � po:,tpone Ihc due dnk of the moothly Peym�nts referred to in p:uuRraphs I und?or change�he umount of the paymenls. If
<br /> "-"' �'�-`"-"`�°� ` under parag�uph 21 the Property is acauir�d l+y Lender. 8orn►wer's righ� �o any in�urnrxe pnliciex nnd pmceedq resulting
<br /> ._.�n:�r��s�,• ,:
<br /> _-- ___,�:'�*b-�, from damoge�o the Propeny priar ta�iia acqui�ition.hull puK+u�l.ender to�hc�nx��n��f Ihe sums xecured by tqis Sauriry
<br /> ----�?�•,;�-� '� Instrument immediaely prior to Ihe ucyui�ilian.
<br /> -``""�'`` '- 6. (lccu{wncr. Preservatlon. 111ulntenunce qnd Protection of Ihe PmpeNvi Rurrower'a l.oan AppUalloai
<br /> :.;f',�y,`_�eiID�x �
<br /> -_ -=:y..�n,r;,� u I,taseholdw &�rmwer shull�xrupy.e.u�hli�h,und u�u�h¢f'rc�xAy ur B�xroe•ork prinripal reKidcnce wiihin nix�y duy�pflcr
<br /> �T=`-' `.'.,,,..,� � thc cxecution of lhi►Sccurity In*Immanl and�hull r�►nii�uc a,��cupy dk Pruyk�ny au 13orcower;p�inci�wl rcKidcncc for at - -
<br /> - � �-°"'"`�"• . Ica�t one yenr uitcr thc da�o uf�w•�upunuy. unlu�� I.�n�kr �dhcnvix utin:e� in writing, which can�m ,hull nnt b� ��=
<br /> -'�'����r"�' um+eA�naMly wilhheki.c►r unle+�extennuting cinum�t+mcc»exi+t whirh u�c heyi�nd Nurmwerk c�mtrol. Bom�wer�:hdl not
<br /> n�� ,�� �, dc.ruuy.dumuge ur impair thc Ru�x ny.ullaw tlw R���rty tn dc�cri�xu�c,ur c��mmit wu.,tc on�hc Prnpeny. Bom�wct�hall - -
<br /> ���� ' :�h�
<br /> ;�^�'� �, � be in defnult if uny forfeilure uctiun ar pnxe�iing,wlwdirr�ivil�K criminul,i�Me��n tha�in l.enderK gaod fai�h judgrnent -
<br /> '' cuuld re�uU in forfei�urc M'thc Prop�rty ur atharwix nw�rriully impair Ihu Ilcn ciaaud by ihix Sccurity Inzirurncne a -
<br /> :,' '��;,I;.'; � --
<br /> _��. . a;,;; �. Lenderk uswriry interes�. Borrower muy cure�uch u deti�ull u�x!reim�ute,u�pm��id�d in parugrapn I8,by cauaing the�ct ian --
<br /> a. or proceeding ta he ditimis�l with n ruNng�hut,in l.enderk bexxl fuilh detertninuUon,precludea farfeiwre oi ihe Borrowerk
<br /> , , interect in �he Propeny or other matariul impairtnanl of the lien crcu�ed by thi�Securiiy Instrument or Lender� sauriiy _
<br /> RJ.�" '��� ' ,(•; interext. Barrower shall vl� be in dofuuh if' Burrowcr,during thr loan appllcadon pracers, gave materially false or s_=_..�•
<br /> ,,,M_��� • ,"`:''':" ' inuccumte infortnudon or a�ucemem�to Lendar(or fuiled to provide Lender with Any materiul informatian)in connectian wi�h = -
<br /> � `� °�:�?. - the loan evidenced by the Note,including, but no� limited t�, repretiemadans canccrnfng Borrowerk occupancy of the �"-_
<br /> -`�.� � ��-`����=-��_. ProQerty us A Qrincipal rcsidence. If this Scr.urity Instrumem is an u leu�ehold�Bomnwar shull camply�vith ull the provlsions ��'�
<br /> -��.- . , " of the lea�e. If Bortower ucquire+fee titic to the Property,thc len�hold und tha foo li�ta Ktull nut merge uniess i..ender�grees
<br />-=����� �.`. to the meraer in wriiing. --
<br />��-.;. a ,. . 7. Protectian of Lender's Riphta in the Property. If Bom�w•er fnilc io perform the covenunts and ogrcements
<br /> -_ ' contained in this Securiry Instrumem, or tl►orr is n Iegul proceeding thut may signiticantly affcct Lender�s rights in the
<br /> �'`�� ��-' Property(such a��praceeding in bun�tn�ptcy,probule,for condem+ution or forinilur�ar toenforce laws or regulations),tlxn �
<br />.��^,,, :o Lender may do s�nd pay tor whatever is n�cessary to protect the vulue of tha Pmpeny and Lender's•rights in the Prapetty. �;ti_
<br />:�;, ., , -�,r," �� �•'.;�� Lender's actions may include puyin�uny.ums tiecumd by a lien which h:�s prioriq• over this Security Instrumen�,appearing
<br />'=���• , •,;i';;'�-• ��� ',"�•,`' in caurt,ps�ying neasonuble attomeys'foe•, and entcring an Ih� Propeny to mAl:e�+epairs.AUhough Lender may talce action �"-``_-
<br /> �•�, :';':�',�.°'' ';..;,,e.. under this purogroph 7.Lender does nrn huve to do xo. N�
<br /> •�w :'"���'�`,• -�4������`!'' Any amoums disburred by 4end�r under thir puragraph 7 tihall becomo additiunal debt of Borrower secured by this �'"'
<br /> • �:f,r,�..�a',a•^.,..� " —
<br /> ;�:�;?' r����;t:::,•;:r:•' Securit Instrument. Unless Horrower and I.cnder a r�c to Mher�emi.of a mem,tNose amoun�a shnll beor in�crest fram t6e -� �-
<br /> `:. . �f,. . .��i:;.,.,�..} y g • p y .�
<br /> ;1�;.��'''•s•,'�•' date of disbuncement ut�he Note rutc nnd shall be puyablc,wilh interesl,u�n�x►ticr t'rom Lcnder to Borrower reyueseing
<br /> �;�"t�::.:�� s.:�••'�• �=-
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<br /> -_ ,�� : > •,i�;'�u� . , payment.
<br /> - - '••=fi��;Jr S, MoHgage Insuronee. If l.ender required mnrtgugc in+urnnce u�a conclition uf muking the loan+ecured by this � �'
<br /> ' ' '' n"'`' ' ����'}'' � Securit InFtrument, Borrower xhall A tho nmiums re uircd �o muimain the mon a insurunce in effect. If, tnr an
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<br /> 4�,,.{;, reason, the mongage insurunce covemge reyuired by L.endrr lap�es or cc.i�c ta 6e in efiect, Borrower xholl p�y the _
<br /> 'e' �,; premiums reyuired�o abluin coverAga .uhs�unliully eyuivulcnt to�he monguge inrurance previou+ly in effec�, at a cost -°
<br />-_ -" °'�+�y�t�f� substuntially equivalent to the cost tu B��rruwer af it�monFage inrurance previnu�,ly in effect,from un altemae matgage ��_°
<br /> _�.. >•. ::�;���.� . �. . .• --
<br /> . .,:ti��,r . �•: insurer approved by L.ender. If sub�tumiully eyuivuleM mart�..�ge intiuruncc��o�•�riif:c is nat nvailuble,Borrower shnll pay to _
<br /> " •,��,,�?J,',�° Lender euch mon�h a sum eyual to one•tw•etllh of the yeurly mongage inmurnncr prc-mfurn Ixing paid by Bormwcr when the
<br /> �.• 2* '��7�h , insurunce coverage lapsed or cea.ed�o he in rffect. Lender will uccept,u+e imd reuiin�hc�e paymems as n loss reserve in lieu _
<br /> `-"= � �t��`1;��r7��.'+•.�;�; of mongage insurwice. Loss reserve paymentti muy na longer be reyuired,ul the optic�nof Lcnder,if mongage inwrs�nce -
<br /> ,,...�: .„ i.�� ., . —
<br /> ;�;::��;tteS�;t,.�;• coverage(in the tunoum and for the perind thcu Lrndcr rcyui�r�l providcd by im iiisurcr upproved by Lender ugain becornes __
<br /> - t� ,�.�•�� .. . uvailnble and is obtained.Borrowcr,hulf puy thc pnmiums RyuirrJ t��maintaim m�nga�r insurunre in cffec�,or to p�ovide u ,
<br /> • � r!'•'�-' �� loss reserve,until�he re uirement For mun�u c insuruncr end�in urcardanc�����i�b Ln written u r�ement be�we:n Barower
<br /> �.,1.� .•'.. - ., 9 b R' Y € '
<br /> . �. •- , und Lender or upplicable IAw.
<br /> �S'`;;;,.. . ,,,,, 9, lnspectiop. Lendrr or it�ugenl muy nu�ke mu,onuNlr rntrie�u�xm antl inspeclion+of the Property. Lender shall �
<br /> •'•"'�`t`?:1��',��;. give Barcower notice ut the time of or pri�r to un inspec�ion.Excit'ying nu.cmahfr ruu�tor the in��xrtion. ''.�
<br /> `'��' '.���!�';` 10. Copdemnatiun. The pro�ecd���f any:�wanl ur rlaion fix Janwgc�,direct �x r.,nseyuentiul,in connection wiih any
<br /> Single F:miil�..Firnpk�1ael6reddle�trr CNIFti)RM IN�1R1��11:rT••ltndtxm Co�¢n�i. 9/90 fp.i�t?rqn��xtsl -_-
<br /> . . �xut I.i..ewuln.Par�.Inr■ '
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