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<br /> , Exric�that l,en.i�r nyuir�. ►nz i�uu��+ka cu�ir:r ruavKl;�w che in�,s,�+kz�i�►li t�rh�xr�hr&�rc+wrr w't+i�t �r Lrix3er�
<br /> A�e.�val whkh.hall�x�t lk unrcAU��ahly withhetd. IF i�c�+rowrr failc to maintr�in covrr�gt drK•riM!wh��ve, Le�xkr r�u+y,rt
<br /> � � Lcrr3�rt c�-h i:m,c�btain co�•cr�g.ro Fuoii:t LcndceS rigAi�in th�!'mp.rty in acrisr:fanc:u ith p:uasr,��i�7,
<br /> All in�ur�nce policicu uxi mnew�lz stwll t+e�cept�ble tv Letufe�acul stwll i�x�lucic a standa��l m�xrgu�;c cla���e. l.enckr
<br /> ; sha!! hare!he ripht m M�td thc�+nll��iev xnd rcnewals. !F l.endcs rcyuircy.9urrower�h�ll pnx�i�+lly give to Lenrkr ull raCilvs
<br /> � • uf{�:�id Fx�.mlums wuf rcnewul�wticrs. In the event af tu..�,Surrawer shall`ivc pnun�t notic;e w thC inaur:�ruc�:.vskr ru�d
<br /> � Lencicr. L�c�er�n�y nwl:e pr.�of of lae�if iwi mack Fx��iptly by l3ixruw•s�.
<br />-= Untc:�: Le:�:l�►•:u�!tio+�•.��er�uherwise wgrre in w�i�iug,i�u:u�-rtxe t�ccxac�r.twll{�e y{+�lier!tu ieita��ii��n cw t�ir of
<br /> - thc F'ri�+er:y Jamaged, if the rcstoratiun�x rcp�►ir is ecorxHnkally Feu�Dte anc! l.e�icler� s��curisy is nw lessen.°d. If �he
<br /> ' �extc�ratian �x n:patr is nc�t er�ux�niicaUy feasibk or l.encierk �turity w•ould be lessetx�l.tttie i�uurunee prcxrtiiv stwll be
<br /> appfi�l to tht suins secumd by thic Security Instrument. whcther or not then due, w•ith any excecs pald to fiom�w�er. If
<br /> . Oomnw�cr ubatKtons the f'raptrty.cx docs twt tuua•cr within :i0 da}•s u�wticc from Lendtc that thr insur.�nc� curier hac
<br /> ofterecl to seulr a claim,then Lender rnay rollect the insur.utice proceeds. 4ender may we the pmc�tls to Rpai�or re�tott
<br /> tha E�rupeny or to�,ay sunu secur�d by Qds Seeuciry lrtcu�unxnt.wheQ�er or�wt then due. The 30�ci�y pericxi wiU begin wlun
<br /> the aotice is gi�•en.
<br />= Unlecs Leldtr an@&�+rou�cr oiherwise agr�e in writing. any applicadnn of pr�cxds ta prii�cii.ial shall not exteod or
<br /> postE.a�the due clute oi'rlic monthly payn�cntc rcfcrred ta in paragraph.c 1 wul 2 or cHango tiic o�nawlt of dte payn�entc. IF
<br /> ur�ler paroge�ph 21 the Pro�erty is:�cguire�l by I.endu, Boirower� right to�rty uisur,ince policies :�tid pro��eecis resuiWig
<br /> from �in�,gc to d�c Pcopetty piux co tl�e acquisition shull pass to l.e�tdee to the excent of the uuns srxuted by this Seccui�y
<br /> Insuument inmicaiiatefy�xior to tlie xquisition.
<br /> 6. �ccapaoc� Preserv�tlou, 11�Yztuteus�oe �uci Protectiow of the Pcopxrty; Borrower'y I.oaa h.p�Ucatioa;
<br /> I.ease6uid� Bonnwer s[tall occupy,estabtish,and use the Property as Borrower's ncincipal residence withirr sixry da,vs after
<br /> the exocutiace of this Security Instrurneat�td s�haU cauinue to cecupy the Property as Boaower's principal resir,5ence for at
<br /> �east one g+e�r :cfter the ctate of oce�enarsey, unless Lender otherwise a�roes in writing, w[zich ea�sent shall nut be
<br /> upreasonaDL�r wird.+held,or unless extea�ra�r;;;circumstnnces exist which are beyond Borrow4r.3�,rr.:�+ol. Batmwcr shalt nor, :
<br /> destrr,y,du:�„;r impair the Property,�f��w the ProQeny to deuri�rate,or commit waue�.z.ti;�i�Yuperty. Borrower sha9 �
<br /> Pxe in defaule If any forfeiwre action or�nvc.�ding,whecher civil or criminal,is begun thai in Lender'�gaod�r'd�,;udgment
<br /> <,Y;w1d rcsult in forfeiture of� Pro�+erty or othe��rise rnate�iully impair the iiert crtc::.�ed by tl�is Stcurit} 4�x�•�unent or
<br /> L..ender�securit,v inurest. Ft�x�amwer may cure such a default and reinsi�te,as provi��9;��a�.vvngraph 18,by sa,,ut•.�__�'s'�e action
<br /> or.�oee�ii�tv be dismisse� with a n:li,�,r thu.in Le�der�s good faith detr.rtninaiion,pc+eeludes fcrfeiture of the Barowerb
<br /> uiterest in cltie E'tnperty or ottxr mate�z.�(! :`npalrment of the lien ccea��d by this Security Insdv,aa;nt or L.ender`s security
<br /> i�tr�nesG Bortower shall also be in d�r�n,:7t if Borrower, du�ag �;.r.� loan appfication process, gave matetia�ily false or
<br /> iir,�r.curate infom�ation ot stattmetus to Lcnder(or fai�ed to provide Lc�+3r�:r with any mate�ial Womtuion)in c�«.;,��tion with
<br /> dm taan evidenced 6y the tiate. ineluding, but noi limitetl to, cepn;�t:ntatioras cw�ceming Borrower�s oceu(�aYa,cy of the
<br /> �hopetty as a prineipxl resiJ�*��ce. If this Security Inctrument is on a leasehoW,Bo:rok�er shall comply with atd d:+:��:�!viFions
<br /> of the kase. If Borrower acquerss fee titte to tho Ympeny.the leaseho!d and the fee titEe shall aot muge unless I.u.�agx+ers
<br /> w the merger in writing. �
<br /> 7. Protectioo of LaWer's Ri�fat�in t6e Property. If Bomower faiZs to pecfwin tlye rnu��ants su�:r.�.roemen:�
<br /> contained ia tLis Security insirument, ��r ii�ere is a Iegal proceeding that ma}r sibuif.u�:�I�r :��: L,�,•�;,ri;� ia t3rc
<br /> . 1.'roP�riY(such as s�procefldicsg in Dsisluezpo,:y,probate,for condemnation or forf'�idur�rr-nr eafacr l�ws or re�t�t,orifarm9),thea
<br /> Lender rteay do und ps►y for whatcver is.i�c�.^essary to prot�ct the value of the Praper^� ::nd Lender�s righu ir,r.i�e Property. . . .
<br /> Lencfer1 occions may include paying an;�:�+irru secura!by a lian which 6a.e priority over this Sawit}r Instrurnent�appeuiaF
<br /> in cowt,paYi�g rcaconable uttomeys"C�aud enterinB on the Propeny w mafce rcpairs.Althou�h L.ender m�y talce xa�x
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<br /> Any�ts disbwst�by Ler►der uruier this paragraph 7 shall bocwne additional debe of Borrower secur�r3 by this ' '
<br /> Securiry Instrument. Unless iBarower and Leader sgre to other tertns of payment,these amounts shall beu tntem��:from the
<br /> dau of disburumeot at tl�Nnte rate w�d sbaA be payable,with interest,u�on notice from l.ender to Borrowe'r ueyuesting
<br /> Po►YmeuG
<br /> 8. MortqYe inwrxoea If Lendcr+e�quirod mortgage insurance ac a ecxtidition of malcing the lou�seeural by t}tis �
<br /> Security lnsrnw�au.Borrowar shall pay tbe gircmiums required to maintain the mortgage iusurance in effscG If,for any •
<br /> rcason,the matgage insw�ance wvers�ge iequire3 by L.cnder lapses or ceases to be in effect. Bormwer shall pay tlw;
<br /> premiuros nequ�rai to obr�in wv«age substanAa'�Jv eGuivalent to the mortgage insur.ince previously in effect, at a cau
<br /> w6stantially equivalent to tbe cost tn Barowu os the mortgage insurrnce previously in tffcct,from an altamue mortgagc
<br /> iasurer op�pc�oved by Lender. If substantially oquivalent mortgage insuiance covemge is not available.Bo:rowu shall pay to
<br /> Lajder each month a sum equal to one-twelfth of the yearIy mortgage insusu�ce premium being paid by Bomowu wha�the
<br /> iruuiance coverage lapsed or ceased to be in effxt. L.ender will accept,use aad ntain tt�ese payments as a loss rcsuve in 1'uu
<br />• of mottgage insur�nce. l.oss nurve psrymcnts may no longer be roquis�d,at the option of Lender. if mo�tgaga inswance
<br /> coverage(in the amount and for the period that l.ender xequ'ves)provided by an insiuier app�oved by Lender again becoroes
<br /> available aad is obtained.Bomowu shall pay the premiwns rcquired w mainL�in mortgstge insurance in effect,or to provide a —"
<br /> loss neserve,until the requiremast for mortgage insurance ends in aa:o�d�nce w;W any writteu agreaneat beeween Borrower
<br /> aod Lerdu os npplicable law.
<br /> 9, Inspcetion. L�nder or iu agent may malce reaconable entries upon uid inspxrions af the Property. Lrnder shbA _
<br /> give Bixrower notia at the time of or prior to an inspection s�ocifying reatonable cause for the inspection.
<br /> IR Ca�odem�tioo, Tf�proceeds of any awand or claim for damages,direct or cauequeatial,in co�u�ectian with any
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