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<br /> per�ods t)nt L.endnr requircs. Tbe i�ssurance carier�roviding the insuian�e s6ail.bc chosen by Bormvver spbject cu I.rer��.��:�,.`��.. .
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<br /> - nppmvat wLich shall not be unceawn�bl�witNrid. If Boaower fails ta mvnt�t cc�verage describcd abo�ies l.endeS�;Ya,�v;�_ °; _� .
<br /> ; .�ndcr's op[ioo.obtaip coverage to protec�Le�er's rights in the,Ptupercy in accor�+nce with parrgrapA 1.j,, °:•-;.�
<br /> Alt insursuioe poi�cies and oenew�ts shrtl be accep�abk to i.ender aad sd�lt inciude a standard caartFa�e clause. .[.�tx�,,: -
<br /> shalt Nave tbe ri¢ss tcriwtd tisg poticics aed renew�s. If l.a�der m�,uites.Barrower sl�!!_ptvmPUY bive to�.ender aD;e�yeip�s,,;.- "
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<br /> of paid Prtmiums and neaewal notic�s.�In the event of toss.Borrawer shal!give prompt notice to the�in�ar�ce cazr4S�'c�„;: . - ---
<br /> -- - � LendeR Lepder may m�lce proof of toss if not taade P��F�Y bY��wer. _
<br /> - ------ - ; UAt�s.:Lt�leF and Bv�mweroihecwise agree in wriiing.insuratice Proceeds shat!be applied to�Fariaa�r tepaqr:9$,;. - --__
<br /> ' dn ptape�tY damaged.if.the testoration or cepair u economicaity feasible and txndes`s secunty is n�.lessened :if;;dA�c.. , _ —
<br /> ';� t+estorrrian or repa�r�s'na ecaqomicaUY feas�ble or Lender's-security woutd be tes�,.the.insur�cr;gmaecds,s�h�j:�a.:. �
<br /> applied to the sums secuced.by this Security tnstn�mea�,whed�er or nat theci du�with aQy excess payl to Bofroq!@st+If+;= �a_
<br /> - - � Bormwu a6andoas the Rt�gerty,or daes na ansvirer vvid�in 30 days a notice from Lxnder that the in�µrdnc�e.rac����::,.. ",� �;
<br />•» offe�ed to seak a claim.tben Lendersnay wIlcct the insnrance proceeds. Lender mag ase the procceds:to rep�r v��MG�,• - �-° - --
<br />> - the P�nperty or to pay sums secured try this Suurity Instrument.whethev or aot then due. Tbe 30-day penqd.wiU beB�+�PF'b,�R�, ____—
<br /> • the noti�e is give�. ` • ' - ---- - —
<br /> _ Uakss Lender aud Borrower othe�wise agree in�v�idng,any applicatiort.uf praceeds to principat b1�.nW eacte�cl,cr:, --- ---
<br />: postpone tite due date of the monthiY l�Y�ts referted ta in paragraphs t anQ 2 or change the araount a€.the PaYr{�csts�,,if;f_ _�
<br /> ��P�S�+P�21 the Pbperty.is acquired by Lender,Borrowers nght to aay in.�rance poticies and:praceeds,�?uIRAg,t� -�.�_
<br /> from damage to the,Ptapenl'Priar to tt�e acquisrtion shall pass to Lende�'Eo the extent of the sums Secu�d Iry:(hiss SeCu�:�� , :_",`��_�.�.�
<br /> Luo�►t immediately prior to the acquigitian. :: ,` ��`�`=__ _
<br /> _ 6, pccpp�p�y� prlservatjpp� M�lip�llwDCe�11d PPOteCtlol� o�t11e P�oplrtY; Bon'uvrer's �R �PB���?It+±t:�.� :` �` "-_i'�-�---
<br /> _ Lats�oids. Borrawer sttall occupy,eseab}ish,and use the Properiy as Borrowei's principal residence wit�in sixt�;daYs.a�f�} `� -
<br /> the exec�rion of tt�is Security instnunen!and shall coatinue to occupy the Ftapert�►as Barrower's princigai�G��.� � :=, � `_
<br /> _ :_� le�ast aoe year after the date of oc�vpancy..untess�;Lender othtcwise agrees in wriung. which con:�Gr.�:'s�Il�pot,,�..:- . .,; :�'J;;x:_-
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<br />. � - mrawnaWy withheld,or unless extenuating cuc�s.t.,�*�ces eaist whic6 are beyond Borrower's eanuol. $otrawea Sh��E.qnRr,�, , � .t�; _
<br /> - destroy:dacu'�e ar impair the Ptr�pee�ty,aitow t��Fe�ty w deteriorate.or commit waste on the Ptoper�y. Batvw.�s,�h�tl.�� - ° ��;,:�_
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<br /> � he in defaisit-f€any forfe'stuie action or pro�:,�;,�*��r civil or criminai,is begun that in Lender's good faith:laAS�i+�t .. . �..,�=tr�
<br /> Y .�Y:.�'�, ` conid resuit ci forfeiture of the Ptoperty�or p��ec;�:��aterially impair the liea cneatei!by ihis Secycity 1nsu�t►��tt:,4���� . - . `� -
<br /> .�:: 4 ;�.� , . LendePs securiry interes� Botrower may cure sisc���lt and re'u�state.as provided i»paragaph 1 S,by capsi��,S1�;�cti9t�.,� .�:__-
<br /> -- .:�-��r-�:• • oc proceeding to 6e di�.vaitb a rating thae,in�.ender's good faith determinatia►.pree�udes focfeituc�o�s[s�,�amDwex's: . ....-_ ---_. -
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<br /> ?� �'' •;:; - interest,in ihe Hvpercy��ci�=r material imPairment of the lien created by this Securiry Instrurtient or l.ende�'s,suur����..
<br /> ' l"'�=�1`' .r-;;, :. ..� �.r�-�e in'��''�:►It if �ocrower. during the foan app licapon mcess. gave m az e r iatl i f a tse.or,.,
<br /> �,. -:=.--� ;�: interesR Bormwer�F.� P � _
<br /> <<^>,'�_'';'.;;-...� ;?�::'� - inaccurateinfntmatloia�s��snentst��ider(orfailedtoprovideLenderwithanymateriakinfom�an�inca�etxtqt��atitii,�,. - , _ ','�
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<br /> �-�-:�:'� . "" ' •�e toas�evi�°=.�:sed�by:,�s:'-;!iot`e,includ'mg,but not limited to. representations eonceming Bormure�cs,-ocrupaaxy of{ha}, � .
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<br /> • c;:_;�r-.=%: ` �.�g�opetty as a pi�csgzT�ce. If this Security In.str:meat is on a leaseliold.Borrower shall comply.wi�aIl titcprrfWtsi�it�>�:; � S .: ;� "., '_:'��
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<br /> '�`'""'`�= � a�rae le�rif�uuer�'.�ires fee title ta the Proper�;the leasehold and.the fee.titte sl�all noe merge u.�i�s[:enci�ragic�.s� • '�: __.�-_--
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<br /> .�� . ���r,;,: 7; �a�Lender's Rights in tl�e Pna�rty. If Borrawer fails to rfortn the covenants and," r•.. • . � _
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<br /> -'�=``Y'�=-���' �contained �:ff�is Sec�riry-Instrnment.or thece is a ie�at proceedin�that may sig�nificantly affect Lender:s rtghit�,:±n{h�: • ,�':'�... :,�.�_
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<br /> � ''�`--���-.�� "�°• r;;' , S,icfs 4s a acee�ng in bankruptcy,probate fos candemnarion or forfeiture or to enforce laws ac regulatiansl.thk�k f, � - �,
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<br /> � � Lender may do and pay far ahatever is necessary ta��tect the vatue of ttte Property and l.endec's rights in th�.Pmpesty:� � .�'��;:' � �.�(� ~
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<br /> - i.enders actions may inclu�.paying any sums securaf by a lien whi c h h a s pri o ri ty o v e r t h i s S e c u ri ty I n 4 t r u m e n�.aQpleari n�,.. ,-;' .
<br /> � � :�a� in court.puyins reasonabte attorneys'fees and enter,:;on ihe Ptoperty to make repairs.Although Lender may tak�acti4tl„ � � � -
<br />� � ' � under ihis paragraph 7.Ixnder dces not have to do so. . � � • . ' �� �
<br /> '�� i Any amoun�s disbursed by Lender a-der this para►graph 7 shall t�ecome additional debt af Bocrotiver.secured by thia. '
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<br /> `,��s<�:` ` �l; Security iasttumen� Uniess Borrower anc!Lende�afiree to other terms of payrttem.tfiese umoum�s�t]bear interest from.ttia� :••<: .
<br /> '' �;e of disbursement at tf*.e Note rate and shall be pa}able,with intere`t,upan natice from Lender to$nrrnwet.requasaing.,- �. ' =•�
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<br /> S. M a T e I n s u r p n c e. I f L e n d e r r e q u i r e d r n a rt g a g e i n s u r a n c e a s a c a m i i t i p n o f m a k i n g t h e t a a c i�c t�d L y t h i�t• �--'�
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<br /> :a�'� Security[rKr:nen�Barrower shall pay the premiums requ�red to maintain the mortgage iasurance in effeet.,1f for�n;r.�• ;_ �.
<br /> .�' re�on. cFt,rrortgage insurance coverage requimd by Lender lapses or ceases to be in effect. $ortower shaU �pay �ha�,. _
<br /> j remiums uired ta obtain covera e substantiali e wvalent,to the man a e insurancc revioust in effeCt,.at t�cast ,:' � � ��
<br /> � ,., : ... '.` _ ' _ P recl S Y q � S S P Y •• . • -_,�.
<br /> s�bstantia]Iy eyuivatem eo the cast to Ba�rower of�he c�ortgage insurance previously in effect,from an altematg martgA�e•� ;, S "=''�
<br /> ,f �,'�.�___,�;��: ; :rsa:rer approved by Lender. lf substantially eyuivalene mortgage insurancc coverage iti not available,Hormwe8�hall pay to,�.., •� - '�"•�;-
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<br /> ;. �,-�,,:.�;,.�;;;_�, . . f,.ender eacir momh a sum equal to one-twelf�b of the yeariy mortgage insurancc premium being g�id by�osrowet wh�n 1�,� , '.� -0;t.r
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<br /> ;. .•,�.;#,�=�;;.;. ;. ,.�, , i�sut�r+.ce�arerage lapsed or ceased to be in effect. Lender will accept,use and ret3in these payrrtentti ac a loss reserus in liou�� ' 4.
<br /> � ''`*'"` ' af mart �K�insurance. Loss reserve aymcntc ma na lon er be r uired.at the o tion of Ixnder.if mattg��e in��RCr -. . !'���''Y
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<br /> � ' � •-���' aovera�t;n the amount and for the period ihat Lender requiresf provided by:�n imurer appr�ved Ery LenQer again hecam�i�.:��. �
<br />� `�' ��vai�ai�le and is obtained.Bonowar sh�p p�ay Ihe przmiumz requircd to maintain�norlgage inrurAnce In cffect,br.tp pmxida-�; i • '
<br /> ��'�� � � f .� . !ass reser+��e.i�ntii the requirement for mongagc insurancc crtdti in accordance with any written agrccmcnt 6etweu��cmiw'et, . �
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<br /> - - _ _ . and Lend..�`ar applicuble taw. . . .'
<br /> 4 f�ectian. Lender or its age:it may makc rca,onable entrics up�m and impcctions nf�he Propeny. I.endet�h:�ll�i. �
<br /> • give Barrower nutice at ihe time of��r pri�r to s�n in~pection specifying rentianable cuu�c fur the in+pection. . • �'
<br /> • - .. 1 0 C o n d e m n a t i o n. T h e p r o c e e d�a i a n y a w:+r d o r c l a i m f o r d am a g ex,eiir ect nr con�a quential.in cunne�t!ion�vith�un;!,�;�, .
<br /> .. S�ngie F•urtily-•iannie�tae`Freddie�fac CrIFORtf I�ti fNt�1k:\7••l:mfurm('uccn:mt� 9:9� q+oga.��f n 1h+R�tt � f .� �
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