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<br /> . ti,_� �, period�that I.emier rcyuireK. Tho imumnce ca►rier providing�he in++urance xhu116c chorcn by Barrower xubject to l.enderk
<br /> �,��''°"�-�'"';,�,�: appraval which+hull aot ba unmu�n�bly wjthheld. If B+xrawe�fuils to muintuin coveroge dexcribeJ ubove.Lender may.w
<br /> �.,.���.d;.,; l.ender4 optinn,�d+tain caveraga lo protect Lender's rigMx in�hc��ny in accordunrr,wlth p�ragruph 7.
<br /> .-h ���.P,,,p;,;}�; All imurwxe policieti and renewalr�aholl be acceplable to l.ender aml+holl include u xtandat+d monRage clause. Lender
<br /> .��� : , tihall have the right ta h��ld ihu�liciex anJ renewnls. If Lender reyuire..Borrower xhall promplly�tive lo l.ender oll receipts _ ___
<br /> " �'' " nf d miumti and renowu)natices. In the evem of IotiY.Borrower ihull rve ram t naicr tu Ihe imur�ue carrier and ____.
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<br /> �5-ti;i�:`°�'��' �� Lendcr. Lender moy mukc pm+if af lo.s if nat made prompdy by Born�wer.
<br /> ___-•_.'��^!�:�"=•._� Unlc s+Lcndcr and Bom►wcr ulFrcnvi�e ogrer in writing,in.umnce proceed��hall he a�lied�o retitomlian or repair uf Q..,_ _ ___
<br /> ''� ;,,'y�,,, �,: „a , � Uk Pro�+eny damuged, if Ihu reRloration oe rtpuir iti ecannmicully fea.wi6le and Lenckr� serurity ix n�M lestiene d. I f t h e _
<br /> , � . . re�torcU�n or rep•rir i�not ecan�►mirully feazible or Lender.�ecurity would be les,ened. �he insueunce praceeds shnll be —
<br /> -- applicd�a the xums�unsd by thi, Srcurity In,uu��ient. whcthcr or na thcn due,wilh uny excesx paid to Bnmower. If "v=r=_z_�_. -
<br /> ... .�'.,, . Borrower at�rndona thu f'�vpurty,ar daey not u��wer within 30 duyx a naice from Lender that thc inxurnnce carrier hu� =_-
<br /> ?^; offared ta �e�qe u cluim.than Lender moy collect ihe in.urnnce proreed�. Lender may use Ihe pmceedv to repair or restore �c:�
<br /> " � � '�� Ihc Property or ta pay rumh�ccurcd by thi�Securily InWrument,whether ar nat then due. The 3[Way periad will begin when �`'-='°""
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<br /> . . thc natice is gi�•cn. �_.__- - � --
<br /> _ -. � �� : Unletix LenJer und Barruwer o�herwi,e agree in writing.uny upplira�ion of proceeds to principal shull not extend ar �.;_;-,�;;_,�
<br />��- postpc�ne the due dute uf ehn munthly paymen�� referred to in p;uugrnphs 1 und 2 ur chunge the amount of the payments. If -=--
<br />� _•
<br /> under paragruph 2 i tlie Pruparty ir acquircd by Lendu. Barmwer; right to any insuronce policies und pmceeds resulting =
<br /> t=�� . fmm damage�o�he P�opany Qrior to�he acyui�:ition sh�ll pass ta Lender to�he extent of the sums secured by this Securiry ��`-'---
<br /> ` lnslniment immediutel rior to the ar uir.i�ion. �''''�=
<br /> . Y P 4 ��.:.- .. _�
<br /> ,,;. 6. Occupancy. PraservAlfon. Maintene�nce pnd Pr�eteclion ot Ihe Property; Borrower's I.oAn AppUcation; ���__�
<br /> Ixasebold.v, 6orrower�hall occupy,es�abli.h,and usc�he Propeny ns Borrower�principal residence within sixry days after �j�R�-�•�--
<br /> , iA�:!'iJK"—'
<br /> � the execution of this S��curiey Ins�niment nnd shull coMinue w occupy ihr PropeAy u+Borrawer's principal residence.far at �.���.a_
<br /> � � least one year ufter �hu dute of occupancy, unleti+ Lender otherwise ugrees in writing, which consent shall not be ��,..
<br />` • • ' unreayonubly withheld,or unle�s extenuuting circumx�ance.r•exist which sue beyond Bortower:s comrol Borrower shall not ��,,j� -
<br /> �:�.:��. -
<br /> . destray,dumuge ur impnir Ihu Propeny.AUOw Ihe Properly lo deterioruie,or cammit wuste on the Prapehy. Borrower shall ���_.
<br /> • be in default if any forfeiturc aclion or proreeding,whether civil or criminal,is begun ihat in Lender's gaod faith judgment �_.L.;:_: -
<br /> . could result in forfeilun: of tha Pmperty or otherwiu materially impair 1he lien cmated by this Security Instrument ar ��,�;�_
<br /> . ,.•, ` Lender's security intann+t. Borrower may cur�,uch u ckfuult wnd reintitu�e,u+provided in paragruph IS,by cuusing the action y,� � : _
<br /> or pnxeeding to be diymie�sed with a ruling ihut. in Lenderk good fuith de�erminu�ion,precludex f'orfei�urc of the Borrower� ���-
<br /> � imerc��in the Pn+pany o�othar mAteriol impairment of the lien crev�ed by thi� Security Instniment or l.enders security -�`"=" �
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<br /> interesl. Borrower shull�alxo be in defnuU if Borrowcr, during the loun upplica�ion pru�:e.,, guvr muteriully falre or �'�-�•�--'���--�-
<br /> �.zi�c:x:•
<br /> ` inaccu�ute infomiatlon or siatemen�s to I.ender lor f•riled to provide Lend�r with uny muterial information)in connection wilh �,_°;.•rc_�
<br /> . ' the laan evidenced by thu Note, including, but not limited to. rcpmsenta�ions conceming Borrower's• occupancy of the -:---_--
<br /> _ Propeny as v principal residance. If IBi.Security In.trumem is on u lea+�huld,Borrower shall comply wi�h ull the pravisions ------_-
<br /> � ' • of the lea+e. If Borrawcr acyuires fee title to Ihe Pm�ny,the lea�hold su�d the lee IiUe shall not mergc unless Lender agreew =`-`�`�=� -
<br /> . . � to the merger in writin�, ���`�v-
<br /> � � 7. Protection of l.ender's Ri htx in the Pro rt. li' Burrowcr 1'uil+ to rtorm the covenuntx and u reemcnts �"���
<br /> , � Pe Y Pe S ■L�:�f�;was-
<br /> ; -� � cornuined in thix Security Imtrument, or there i+u legal pracecding that muy �ignificunlly Affect Lendzr's rights in the
<br /> � ' Propeny(such as u pra:eeding in bankruptry.proba��,for rondemnn�ion or forteitu�or to enforce luwx a�regulations),Ihen �---`w`�` - `-
<br /> ' • i��_�,`• Lender muy do ond puy fcx whatever i�necewary to protrrt thc vulue of the Propcny and Lender's rights in thc Propeny. .��
<br /> � Lender's uctionx muy inQludr pa}+ng uny sums srcured b��A lien whirh hati priority over Ihis Securiry Instrument,uppearing �
<br /> • � in caun,paying rcnsonublc uttorney,'fer.und rnkring�m 1he Pmperty to muke repairs. AlthouRh Lender may take uction -_ ^ - '_
<br /> .. under this ara ra h 7.Lendcr dce+not havr lu do�o. �''T��'�
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<br /> Any umoum4 diyburseJ by Lrnder unJer �hiti p;xugruph 7 .hall become •rddi�ionul debt of Borrowe� secured by this . ;;,�,�„�a.,,;. °^_
<br /> �. Securily(nslrument. Unlc+z Borrower und Lrixier ugrce to ulher lertn.of puyment,these amounts shull t►c�r interest from�he •-•*-�- -- _
<br /> •. date of dixburticm�ml �t Ihe Note rutr and�hull hc p�yable,wiih interc.t, upon notice from Lendcr to Borrower reyuesting �.���,,_�..�, �--
<br /> puymcnt. • .'
<br />� ! 8. MoMRuRe Insurnnce. If Lender rcyuircd mortgagc in+urunce us u condition of muking tha loan securcd b��this '.•';:..•xc,••:_'
<br /> Securi�y Instrument. Borraw�r shall pay �hr prrmium. rcyuireJ w m•rintuin the mongugr inxurunce in effect. If, tor any '
<br /> . rcawn, the mongagr insurrnce coverage requircd by Lendrr laptie� or cea,es tu he in eff'ecl. Borrower shull pay the • •�� � _ _
<br /> ,, s_ , prcmiums requind to obmin coveroge wh.�untiuUy eyuival�nt k� the monEage in.rurrnce prcvioutily in eifect. Al A COSI - -
<br /> . ' ••�•., :' xubstamiully uyuivulent to the co�t to BuRUwer of thc mun�•rge in,urunc�previou.ly in etfect,from nn altemate mongage ,.
<br /> '�` � io�uR:r a roved b Lendcr. It'subsiantiull � uival�M murt a � in+urunre ruvcr� � i.n�it uvailable.BoROwer xhul) to c -
<br /> . ���:, PP Y Y '4 R'R' F' PaY � �r:�,
<br /> ' � Lendere:�ch mnnth a sum eyu•rl to one-twrll'th uf�hr?curly mongage imuran:r premium txing paiJ hy Bortowrr when Ihe ___-
<br /> insurance rovrragc lapsed or cru.eJ to tx in cfl'rc�. Lendcr H•ill arrr�.u�c and rc�uin thcse paymcnl.u�A los.re+erve in lieu --�x4:;,�'�.,�
<br /> 1 ,r�-:� .---
<br /> ' • ' of monguge inxurance. Lo�s reserve puymrnl. muy M� lun�rr Fx require<I,ut thr opuon ��f Lender,ii'monguge insursrnce T ,-;,,�..
<br /> " j roverAge (in tho amount and for�he prriixl thut Lendcr rryuire.l pruvided hy un inwrrr approvrd by Lender aE+.oin bcrnme, ` _
<br /> nvailable und in ohtuined.Borrower+hall pa y th��miun»rr yuired In mainlain munka�e inwranrr in effcct,or to pnwide a �
<br /> • �% '�� , lo.s reserve,until the reyuirement fur mi�nguge intiuruncc end.in ucc��rdance w•ith•rm�wriuen agRCmrnt brtween Borrow•er
<br /> ' ; ' und Lendcr ur upplicublr I•rN•. ` �.
<br /> ; ' k 9. Inqpeclion. Lendrr or i�+agen�may malcc ma�onahb:rntrie�u�xm anJ im�rtium nf thr Pm�rty. LcnJcr xhaU t- '
<br /> •ive Borrowcr nuticr a�thc iimc��f ur rior 10 un im �iii�n.xcif��in•rea.un•rMc cauu tirr�hc in, uion. •1'�'`'.
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<br /> li. CandQmnalion. Thr pnx�ed,�,t'unt auarJ ar rlami ti,r dam�gc..dirc�t�,r cnn.cyurn�ial.in ronnrr�inn with any � �
<br /> Smpl�F:imd�••Funnk�fue�Fmddk�fuc l'ti1FtIR�f I\tiTltl'�fE\T••1'nd��m�C��„orm, 9i90 �i�,ti��:.,r��nav�„
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