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<br /> - � emei ae rr�epe�ty r�wraooe. 8oci�n�irer stau �p tve.i�ape+overne�.na�v e� o�heeaifber�ec�ed ou iha -
<br /> ' P�vpercy insttned sgaiast[ass 6y f�re.iw�ds inciudod within t1m atm 'exte�mverage'mtd:anX u�er ha�rds.inctudi� . �
<br /> floodc or flooding.for which[ender requircs i�ur�uioe.This insuranoe sh�11 tie maintaincd ia thc anw�tnts�d for tbe periods
<br /> tAu L�et�dtr cequires.'i7ie ii�suru�oe Guri�er pmvidirtg thc insurancc st�sil!6e chosen bX Burmr�cc subject co ltmei's appFov�t
<br /> . whii�h sl�lt nbt be unr�eas6ic�biy withheld. If Borro��er fa8s tu m�intain'wverage described a6ovc.�x�r may. at.l,eader's
<br /> opcion.obtain ooverage w geotect Leoder's rigtns i�t tAc Ptapecty in aocord.w�s with paiagraph?. � �
<br /> AfI insuratloe polici�and miewals sfuli be scaeptable ta l.e�er and sfi�li inctude a smnd�:d tnottgaSe clrwse• Le�es ,
<br /> ____ .,_, .- --sbalt haYe ttif iigi�c to t�td tf�e Fu�cies and-t�ntec�ats�-3�-f�e�-;��soa�r°shalt�ty gitre ta E.e�der si�rteeigts c+€._ �---------
<br /> p�ici premiums ud rerewal natixs.[n the evern of tosc.:Brmo�ver sd�ll give pmmpt t►cuiue to thc.insuranee caRier and Lender. ,
<br /> Cenda may maYe proof of toss if nat made�romp[ly 6y Borro�ec � -
<br /> tlnless t�ndcr and Hnrrower othetwise agree ia writing.insurance pra�eeds shall be applsed tu rcstoruion or cepair:Qf ttie
<br /> _- ` Property da�na�ed.if the iesw�ation or repair is ecax►rnicalty feasikle and Leader's security is nat t�s,saied_[f tiwe�estaration or
<br />- - i� npvir is nnt ecanamicaily f�ibta or ixnder's socu�ity uould ba iessenect.thc insurance proc�eds shalt fic�ppiidd-tu the su� �
<br />� seasred b}�this Se�vrity Inscn�nt:whether'or nat ttten due,-with a� eaarss�aid to Borrovrer..IEiBorrower aba�dals tUe
<br />��� Property.or daes not answer within 30 days a notice from Lender tha[1he insurasce carrier hasoffercd ta�ettle a claim.thai
<br /> -_ Lrnder rn�y collect tha insunutce pcoceoifs:.isoder may.tise tI�o p�noeod.5 to repair or res[ar�t6e-Pttsperty or w pay sums
<br /> � se�vt�ed by this Srcuritp Insnumene.whethtr or not thm due.The 3()-day pe�iod witt begin whea the�notice�given.
<br /> • - Unless Lender and�Barrower.otl�ecwise agree in �vriting. any appiicatioa aY proreeds to principal shaU mt estend or •
<br /> postporie d�e due date of the monthty payments referre�to in paragraphs l�atd 2 or change the amo�nt of the payments. if
<br /> ` nnc�r paragrapi�21 the Prare�ty is acquired by lender,Bormwer's right m any i�ancc puliciss a�proceeQs resutting fmm
<br /> - ; dam�ge ta the PiapatY Prior to ttie aoquisition shall pass to Lencler to the extent of the sums sewced by this Security Insuumrnt
<br /> - - immodiatety prior to the acqaisi6on. � : `
<br />- ' f.Oonp�cy,Ptrservation.11fai�ee�l�suw!Protection o[tLe Ptoperty;Borrowa's Lan Appli��atiaa;I.a�seholds.
<br /> Borrower shail�axupy.esta6lish.and use the PmpeRy as Borrower s principal residence withfin sisty days after the executinn af ---
<br /> ' ' tins Securiry Instrument and shall continue to occupy the Prnperty as Borrower's priacipat residence for at(east one year after ��_d
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<br /> ' the date of accupancy.unless Lender athenvise agrees in writi:tg.which cunsent shall eot be unreasanably withheld,or untess �.,�_
<br /> - exteauatiirg ciiwmstances exist whict� arr and Barrower's control. Borro►ver sbati not desuvy. damage or impair tde — ,.ti�,":.
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<br /> , �;;t- ` �` Prape�ty. allaw the Property to deteriosate.or commit waste on the Borrower shall be ia default if an forfeitare -
<br /> Property. Y ;�a=-:.,
<br /> � • action ar procePding,whether eivil or criminal.is 6egon[hat in Lender's gaod faith judgment could result in forfeiture of the -�'--R°
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<br /> ' - -�:;�E_• _. P�operty or otherwise materiatty impair the lien c�a3at iry this Security Instnimcnt ar l,ender s security interest.Borrower may• : ra�._�-
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<br /> �""••'�,� =' cum such a defauft and reinstatz.as provided in parag�pk�:18.try causing the acaon ar proceeding to 6e dismissed with a ruling � .:;c�•.�,
<br /> '� � that, in Lender s good faith determination. precludes xarfgttur�e af the Borrowe�'s interesi in the Property or other material -_�'�_-_'--°�'"'�_--_-�i
<br /> ' ' � • fi- : :=:�' . . impaimient of the lien cre�ted by this Securiry Instrument or I.ender's security interest. Horrower shall also be in defauh if -
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<br /> rt•�; � &tnower.during the loa�.a�;pficatian procesc,gave ma:�atly fatse or inaccurate information or statements to Lxncter(or faited ���,�,,
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<br /> �,' ;�• a��rovide l.ender with a�a��:�aterial infurmation)in ca�r,�aciian with the loan evide�ce�.6y the Note.inctuding,bat nat limited .,'���''`• =
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<br /> " ' rE-�='.,-'R..<' - to:re resentation.s con�� Borrawer's accu a of+�ie Pro as a rinci ai re�:nee.If this Securit Instn:ment iti on� `"�''''�"'
<br /> .�'t ,�.,�, P � P �!► P�Y P P Y .t.::,':�-.,•.:
<br /> �w "' ` ` ' � ' leasehald, Barrau•er sFwfF comply with alt the prarvisions af the lease. If Bonower'acquires fee title to the Fraperty.t�.e . _
<br /> �_'���,`,.:`;. ;:�.'�''s , � -
<br /> '=_� :,.• ° teasehold ariti�e fee tir.te shall nat mergc unless Lcnder agrecs ta the mer�er in writing. •. � • _
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<br /> _ k.. . � , ' y.pt�otes�nvra�mi�rea�der's Rights in the Property.If Borrower fails to pert'orm the covenants and agreements contabi�fi�• s • � -
<br /> �;1 ,,�, ,;�;, ttiis 5ecurity In�irument. nr�ere is a legal proceeding thut may signiticanQy affect Lender's rights in the Proper��(sucb as a
<br /> . ;��}, ;�``" p:�aeeediog in banhuptc},p��5aie.for condemnatio�c�r forfciturc ar to enfarce laws.�r regulations),then Le�xf��nay do and
<br /> �_ ��_.�►=�rr-��,.. pay for wha:et�er is necesszsy cc�protect the value of�I�e Praperty.and Lender's righcs in the Property. Lender's actians may ` ' ' _
<br /> . ..y.ar��, . -
<br /> i ��.;�,��� , • ineiude paSri:��.-�y su� secured dy°a li�:c�a��ich has priatity over �hi� 5eeurity Instruin�s,:appearing in caurt, payiag < . __
<br /> `�.=:..`� ' reasonuble air�:��rs'fees a�tden?eting am tr.e Pr�per[y i�tmake rep�airy. Althougb l.�r��ec may take action v�-�r�.his patagrap.3 ,-,_..
<br /> � •s� ' 7. Lender does not have tv'��sc?: � , i:��,�:.:;;;;�
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<br /> : �i k._••,:� ' Airy amounts disbur;e::i�3� Lcmder undet ihis p�.:agraph 7 shal! hecame��:afanal debt af Borrawer se.�red by this �;;�:�;,�:i''�' " ;
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<br />. `-'"•''�� � . Security Instrument. Unless 8orto���r and Len��r x�r�to other terms of paymen.,ir�•�.e amounts shall bear�r,i:rest f'ram the '�3}`4�:::� , . . _
<br /> • �:':±;.'�,:�:r:., date of disbu�ement at the I�ote rate ari�shatt�be Fay�abte.with interest. upan n�tice from l.encler ta Barrawet requc�tn� , -
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<br /> ',..� °==. 8.Mortgage Insuranc�.lf l.ender r�u'sred mart=,�c in.cur�ncc as a candition of making the loan secured�iy �c��r'rty ;�,.;, .. ,
<br /> : . �°� �a .F=�= '_ [nsmtment. &►rrawer shz�:r�.� the premiums requiredE;� mdintain the mortsags sr,�uranrc in effect. lf. for a���rc�wn..th� �rc; � -•
<br /> ��.�.�.. : ��' SaS �� q � p ��Y P � • . .
<br /> .._;�,:,,.Y.,_,.,•,+i,,._� : mott e insurance cov ��re uired b•i.ender la ses cst ccases ro be in effe�.£,��rawer ahatf' thc rcrttiums re u�red to
<br /> � °� °''�;':"" obtain cavera�z substaaxiaYy eguivalent[a ihe mortgage insurancc prc�.�tou�ty ir►cfGiet,:,t�,cos���'�stantially equivate�si imfb� '
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<br /> ... • • cost to Borrawer af ihe mr�^tgage insuraetrc prcviouyly in cffect, irom:�n alternate a�angage insbrer appraved by I.ender. i� ,
<br /> . '" substantially cquiv�lcnt mo*t'�zge insurance awcragc is not uvuilabfc.Borrowcr�t�a11 pay w Lendcr each month a sum equal to f . '
<br /> � , ,� ° ' one-twelfth of the yearl}na=.�;ago inwr�inre prcmium beinb paid by&►rrawcr«fien thr insurunce caverage iag�s�e.��r cea�ed to �,;:�.;:,:
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<br /> • . be in effect.Lendtr will'accc�i. utie and reluin thcsc paymcnts as a Intis rescrvc in licu of mor�;a,c insuranc:: �..asc'resetve
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