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<br /> - __ _ --— f ._ . - - - . �2=. 10072a � � -
<br /> `. � periods_ihat t,endeir nequires. The i�urancx�urier Rmviding the insur.�nee s1igU be chosea by Bocrpwer su6ject to Lender�s .
<br /> • aPP�ov�I�h s�il oat 6e wu+r�sa�abl�whhl�eld. U Borzuwer faits to maintaia coverlge descn'bed abave:Len�kr may,at
<br /> ' Lender�"ppciao.oDtair►.cavaage to protect Lender�s rFghts in the Ptupeny in aacadance witb paragraph?:
<br /> AU i�suraaoe poliCies aaQ reMwals shalt 6e xcaptable to Lendee�d s5aii inctude a stand�cd morttgage ciause. l,.�der
<br /> ' sl�at!have the tigf�tto hold tht:policies at�renerva{s. If Ltnder s+equires.Bo�wer shall ptonsply givt to I.ender ai1�ueipts
<br /> o�paid praneu�ds and renewal notices- 6►the eveirc of lpss.Bamwer shall give pampt notice to ttx insurance carrier and .
<br /> Lendor.`Lender may make pivof of ioss if noc made pmmptiy by Bomaw�c. �
<br /> — - - - -- Unk.ss�Leadec and aoROwsr othenvise ag�er in cmtin�,insurance proceeds shali tie applied to nscoraaon or npair oP - f-- ----
<br /> _ - �__" the PropertY damaSed.if the c�eestoration or neepa`v-is economu�lty feas�+ie atut-I.eader�secuIIty is�ta lessent.d. if the _ -- ---- -
<br /> __= ieswratioa or npa'sr is not econamicaliy feasi6te os Lender�security woutd 6e te.ss�ned.the insuraace pm�ecls shall be
<br /> — applied to the sums sew�ed by this Security Insuun�ent,wheWCr or not then d�.with ami excess paid to Bartowtr. If —_
<br /> BorroFVer a6andons the Property.or does not answer within 30 days a notice fcom Lender that the insnrance.carrier has =_
<br /> - Qffe�to seute�claim.tf�rn Lendec may callect the insurance procads. Leader may use tiia�roceeds to i+epaer or restoie.
<br /> the Prupertyr or ro pay sums secum.�bg xhis Sec+uity Luuument.whether or aoE then due._'[Ue 30�Aay period wi116eg�n when , _-
<br /> the notice is given. . °_--
<br /> '� Unkss:LeiWer and,Borrower athenvise agree in writing.any applicatiaa of pmceeds to pri�l shall not extend or - —
<br /> _ pastpo�x tbe du�date of the monthly payments ne[emed to in pa�agraphs 1 and 2 ar change the amouat of tne payments. If _ -
<br /> ander para�raph 2t the Property is acquirad by l.ender.Bormwer's right m a� im�urance policies and praceecis resulting ' ��_=�
<br /> fivm damage to the Ptoperty priar ta the acquisition shaIl�s�o-�.:ender w the e�cteet of the sums secazed�this Sac�ty —�_-°
<br />: . .V fnstrament immediateIy priar to the acqui.ation. �� � _
<br /> '�. - - 6. Occupwicy, Preservatwo, Maintenance�aod Probe�o�of t6e Property: Borrower's i.o�n AppikatTpoo; � ---
<br /> �"=-� I�ease6olds. Bo�rower sdall occupy.establish.and use the Prupert�as 8otru��lr's principal residence within sixty days after �-. _-
<br /> ° � -� ttu axecution o�this Secpriry Ingt�ument and shall continue tQ���.°.��y as&xrowers prmcipaT residenc��or at � �--
<br /> ��Z [east one year after the date of occwpancX. untess Lead�':�-a�;se a�e.s in writing, which conseat s T i a T x�iic�:b e �1,�-
<br /> -a
<br /> - - unteasonab ly wi t h h e t d.or un less eatenaating circumstances ex�,ir�c�c:2.�e�e yon d B o r r o w e r l c o n e r a�. S o c i�x i�z t£�ro t �_-:=-
<br /> ro �
<br /> desaoy.damage oc anpair the Praperty.allow the Pmperty to.c�siorai�are,�ommit waste oa the Propet'tg-.����snall �[ -`-
<br /> " be in default if pnY.forfeitun action or proceedi��g..ivtxther civi�or ctittsn?z�::c's begun that in Lc.•nders gaou��tluc?gm'ent i€��Zv:.
<br /> ;,�y=; �.� cauld result•in fatfeittir�:of the Ptuperty or o���se�materialiy impais dw lien created:by ihis Sec��:�'-�'ffameat or - :::-�'*; ..,.
<br /> '. -.._.�,�s;'' ,_.� . ` l.ender's secudry ia:�cest •Boiro�ver may cur�s:i�a a default and ninstate,-as pmvided in paragraph 18.by c.�s'scg che accion : .- .. •'::•.;---.
<br /> , _ . . -or i to bedismissed v�iif���anlin tha�,•�a�..endcr�s oad faith detetmin�tion.precludes focfeiture oflhe S��cr§ ._ . �'',_=G1>'-.r—
<br /> ,,,.���fua ;�.;_-..,' �� . g . . . 8 .
<br /> �� ,--���� interest m the Ptopecty or uther'c��...*erial impair�nent of the lien created by this Security Inst�ument ar I.ender�s�inity � , �:;' --
<br /> .'�'-,w%`� -. interes� BoRnwer shall also Be,in default i�•$orrower,during the ioan app�ication pracess.gave materially false or .. � .,�'rrf, '`--
<br /> . �?:-=��=:�`��.;�: : inaccurate information ur stateinents co Lender{g��alled to provide Lenderwith any material inforn►ation)in wnnectiun with -2:.:;'-. ` : ._
<br /> ' �-=f�``,•� �- '� the loan evidenced by the Aiote. including, but not limited to,representations conceming Borrower's occupancy af the . ' - ____—
<br /> ` `;;;;=�w:a,:.� ,:,;,'�;� � Property as a prineipal residence_ �f this Security Instrument is on a teasehald,Borrower shall comply with All the provisions ;,,< .;:t=
<br /> ''` :4 t��'��;'�'�� of the tease. If Borrawer acquiie.s fe�Gtle to the Property.the leasehold an8 the fee.titie shall noR merge unless I.ender agtses ,.�. .' : ,��
<br /> ', � � � to the merger in writing. �.�.� � —-
<br /> � If Bortawer faits to rform the covenants and a eemenu � f'''-`�
<br />•;�,.:.:',,. �: ```�<i=.=:��:�`�1 7. Pmtectlao aP Leader's Rlghts in the Property. Pe S� _ � . —
<br /> ..�°`_7':�`'�..�i.:: .' containeA in this.Sec�criry Instrument. ar.thece i�a legal praceeding that may significantly affect l.eacfier:s rights in the , _ ��`�
<br /> . �!�,•.r:{ _ �.
<br /> ' •-:;��; . Propetty(suehas a psaceeding in 6ankruptcy.pcubar.�.for condemnation ar for.feiture or ta enforce lawsarr�vlations3,then � s '="_
<br />,;. , .:. ;_. :�.c. . . :...:;�=
<br /> ,.:,';-=;"�' , ,,. � l.ender may do an�pay for whntever is necess�sg io protect the value of the Froperty and I.ender?�ri�as the Property.
<br /> • ' Lender:s artions ma include a in an tiums�eeured b a lien whicb hac nori aver this Securit Instrumen�appeanng °��' ��
<br /> � Y P Y � Y• Y P � �Y Y ,:�',;,� .. ' ?�
<br /> • � ��M1''' in court,paying r�easanable attomey�'fees and entering an the Property to make repairs.Atthough t,ender may take action • ,
<br /> � `"• ��'��''''•� under this paragraph 7.Lender dae5 not have to L�tia. • ' � • • -
<br /> � ° Any umountc disbursed by l.ender undec cius paragraph 7.rh�lt become additianal debt of Bortower secured by this -
<br /> ' =.`;``� Securiry lnstrumen�. Unless Borrowcr and Lertderzgree to other terms af payment,the.ee amoun�c sha l l b e a�interest from t h e . - r'
<br /> �`.��'��' � date af disbursement at the Note r.►te�nd shall E�e payable.with irrterest.upan notir,e from Lender ta Horrower requespng . �=-''
<br /> ' ` � p�ymenG • --=
<br /> , S. Moetgyge/agurance. If Lender required moRgage itrsurance as a condition of making the loan securec!by this - - - . -
<br /> ,:�,•� ' '- Security Instrumenb 8orrower shall pay thc premiums required to maintain the mortgage insurance in effec� !f.far any
<br /> '.;��� reason. the morigage iatiurnnce coverage reyuired by Lender lapses or rea+es to t+e in effeci. Ho�rawer shal! pay the • '
<br /> �'�5- '` �� ' premiums requireA ta obtain coverage substuntially equivatent ta the mortgage iacurance previously in effect,at a ea�t . "
<br /> "�'� ' subvtantially equivalent ta the cast ta Bortmver of ihe mortgagc in.rurnnce previausty in cffec�fram an aicemate moRgage ' � ' �,�
<br /> .:�t " ' insurer approved by Lender. lf substantially equivatent martgage inwrance rovcragc ir not available.Horrowcr shal!pay to �^�'
<br /> " " Lrnder each month a xum equat ra one-twelfth oi 1he yeurty mnrtgage intiurance premium being paid by Borrowet when�he ' ': �Y�-=:
<br /> ' insurance cavemge lapsed or cease��a be in effec�. Lender will ac�epl.u�,o and retain these paymenes a4 a Ioss reserve in lieu , • • , '�`':`'z':
<br /> ' �.' - of moAgagc insuraace. L,nss re�°.n.gay:nesi:.<may no t�nger bc required.at the option of l.ender,if mortgage insurance + • .
<br /> ..f,,f.'� caverAge(in the ambc:nt and far tTi�t per�ad t�a:�:ender rcyuircr)providcd by an insurer Approvcd by Lerrder again becomes ,
<br /> ' .��r'� ' availab!c and is a�ineQ.Sarrc�w�er�.'satl pay t�:premiums rcyuired tn maintain muRgage tnsurance ia effec�or to provide tt l "
<br />• � '''��`�"''.• lass nsen�e.untif iftc requiremcnz for me�rlgage insur.mct end�1n:�ccurdance wit�any written agreement between Barrower � � . �
<br />• •'�;.F;'�� and�.e°:der or a�plicablc law. � •
<br /> • ; ' 9i tnspectian. Lender or its agcm may make rcu.onabfc cmric�upon and in�peetiany of the Propeny. l.ender shall ��.
<br /> ,t .. , gic�e Barmwer nor�:at fhe time hf ar priar to�n"rn�pecNnn�pecifying reas��nable causc for the inspectian.
<br /> 10.eoitd�mnation. Thc pracccdx af an�a:vurd or claim fur damagr�,dimct or cunscyucntial.in conncctian with any � � ,
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