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<br /> _ .__ __ _ � , . _ �. ' . :92- �010���_ _ _ .
<br /> . `periods tl�st Let�der tequins �e inwronoe catrier pcovid'mg th insitt�aoe shalt be cbosen by BvRqwer subject w I.ender?s .
<br /> • spproval which sball.�wc be umnr,asonably wi�hitdd. If Bcxmwet faiis to nuir►tain cove�age descn'6ed a6ova.t.en�kr wa}r.at
<br /> I,ender�s a�tion,o6t�in cave�age t�a p�uttct Ltader�rig�s ie thc PYUperty in aocacdar�e witb.puagt�ph T. .
<br /> . � All insu�x policies and�enewaLs sh�ll be aaxptable to Lender�nd shall uulude a standa:d mortgage cI�- Lender
<br /> � shaU tnve ibe rt$hc to hoid tht poticies aM rtnrc�ats. If Ltndes�guires,Brxrower shaU P�P�Y 8&ve to Leader all receipts --
<br /> � � of paid.pdemitm�s and aenewai n�ces. In tlte event of loss.Barower st�att give prompt aotia to the insur�nce ca�rier and . . _�
<br /> . l.ender. Laides may matcep�oof of losa if rtoi a�ade P�PtiY�Y�wet..
<br /> -- -_�= Untess i.ender acu!8ormwer att�vise agseet in writing.ins�uance procoats sball be apptied_w rrstoration or�air of - - �_-°--- - - -
<br /> - �e�pecty dam�gtQ,if t¢o ti�o�tion or�epait is�omicallg,feas�ble and I.ender's sea�rity is not fesuned. If t� . . - __ --.___ ..._.
<br /> - , iestoratioa or repair is not rconomicaity-�'t�te.or Lender�s securiry would be les5enod,the insurarce pioceeds sf�aU 6c•
<br /> � applied ta tbe sttms secuted 6y tltis Secutit�:last�ument,wl�etha or aot d�en due.arith any excess paid to Borrower. If• �:--
<br /> Borrower abandons tbe Aopecty.or dnes nnt:ansr�er within 30 darys a aotice fmm Ixnder thai the insurence carrier has �_�
<br />=_ offe�ed w seuk a d�im.the�l.ende�may coltec�tda insur.moe praoeeds. Lender may:use the:proceeds to npair or mstore �`-�==�__
<br />_ . the Noperty ar to pay sums secu�+ed bY this Sec�uit�t U�trumen�wfieth�r or na theQ dne..'i'!�30day periad will begire wha� ---------
<br />=f,•; d�e notict is givea. . _-��-�_
<br /> a.,;,. Unkss Lender and Bormwer otheEwise�ai.AVriting,�aY�pPlication of groceeds io principal shall nat extcnd.or �. - '
<br />. -; -. - postpone the due d�te af the monthtY f�Y�nts�cferred w in paragraphs 1 aad 2 or c6ange the•amount of the paymeuts. !f _-
<br /> .� under puagraptrZl the Ptvpecty is acquind by L.ender.Borroa�ex's rigt►t W aay insurance policics aad�nceeds lesalting� �"��:''
<br />...t: fiom da�nage to d�a PmPertY P�r to tbe acqaisrtion shall pass to[.endes to the�tent of the sums sec�red by this Security ..: • ��..�'^" , -.
<br /> _ Insm,men[immea',atay priur to t6e acquisi[ion. ° . . :. �� -���::,:�l- -
<br /> �,f. Oecapsoey. Pteservitio0. Maintensnte aod Pratectios d t�e;•,�a�seriy; Ba�su�'er'9 Loan AppUa�tian; � =��w;_.�-�
<br /> Leateioid�. Bamwer shall occupy.astabiislti�d use the Pwperty as 8acm�'rs�;�.ncipa!res"cdettce a+ithin si�cty days afta r��A~
<br /> .,` the execution of this Sa.wity Instrument and strall cantinue to '�.:.. ,as.$c;r.-+��rs� residenc�for af t. `='�'S _
<br /> OCCL'i:':�'.��:=. . .�j�} -���;--;.,.
<br /> - leasr one year after the date of occupancy. anless Lender otl���•�;r�.�;��'�j'�i:��co:��eat sha11 uot be -- �ai.-�i::;-
<br /> . -� �n�psona6ty witbheld.or unkss extenuating ciraumstar�ces exist��se:aie���,$om�wer`s 4tintrol. Borrawer shatl nvt,.,� =-:�•.-�
<br /> r`.; d�tnay,damaga or impair the Ptaperty.aUow the Ptapercy to deteri�fe.or coritinit waste�i the Ptoperty. Bomower shatl • ��_:;:: -
<br /> - 6e in default if any forfeimre xtion or whetQer civil or criminal.is 6e un that fir�Lender�s faith' `�'�-Y�::i
<br />.. procoedin8. S S� 1�8�?��:. '�.--��:. _
<br /> � could result in forfeihue of,the Pro�peay or othenvise materialt� �mPa�r�l�e lien created by tdis Security/nstrua�ern rc=`;,:�
<br /> ' � l.ender's security intet�st. �ortnwer may cur�e such a default and ae��rslate.as provided in paragraph 18.by causing tlie acti� .::
<br /> . . ' - or proceeding to be dismiued with a ruliag that,in Lender's goa�C�itti detem�inarion,Pnciudes forfeitune af the Borrower`�.,_. _ _ -=-
<br /> �_ � interest irt the Pcoperty:or,other�materiai impairment of the tien'�c'ieated by this'Security Insuumeut or Lenders secae'ry'�' � . --_
<br /> " � ��'� � intenest.. Borrower shatF�also be in defauJt if Borrower,during the toan application pcocess. gave materially false or � '• . =
<br /> ' L' '�r��'. `- : inaccurate infarmatiort orstatemenu to l�ender(or failed to provide Lender with any matetia!infortnationi in cormectian with - - -
<br /> ' ` �```�'��.` ' - the toan evidenced by the Nate, inclu�ing.6ut not fimited to;��epc�esentations conceming�;Bo�rower's occupancy of the =�'-°-`
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<br /> �'� �=:.� ` Property�s a principat residence. If this Security instrument is�a:a�lea�ehold,Borrower shal!�omply with aU the provisions --
<br /> �. • - +,� of tlte fease. If Borrower acquires fee titto to the Pcaperty..the tc�btd and the fee tiQe shall riot�tterge unless Lendcr,agrees , �' `4 -_-
<br /> „ ,z � �to the merger in writing. � � �"° '=--
<br /> '. y� `� ` 7. Protectbn af 1.ender's Rights in the Pe�r�sv If.Borrowcr faits to perform the covenants and agrameats -`��`"`:�
<br /> �•• � . . contained i� this Sesurity lnmumen�or there ss.a er��;�ing that may signifiCantly affect Lender'� rights in the -� .•=: . -�-
<br /> '- �<- �' Fropeny(sucti as a procecding in bankruptcy.prab�ei fcsr ca�a�itation or forfenure or to enforce laws or regutations).then, � �;.. .- ;--_--
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<br /> , •�;.::}rii;-=. ., � l,enckr maj�do and pay for whatever is uecessary to pratece tt�s•alde of the Property and[xnderc righis in the Propert�:•` . -
<br /> � - LendeF�acaans may inciude paying a�►y+�sums secured by a lien�:�.icb hav priarity over this Security In�trument,appearin� ' �'�::�
<br /> • `f':-,... �'�;,� : in court.paying rea�sona6le aaomeys fees and entering on the Property to make repair�.Althougb Lender may tafce action � . �4:�y.;�_
<br /> - - : � under this paragapb 7.l.euder dces not have to do so: `�� •-
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<br /> • •'.':+ • My arnounts disbursed by [.ender under this paragraph 7 shall become additional debt of Bortower secured by this ' � � •,��
<br /> � Securi Instrument. Unless Borrower and.l.ender a to other term.kof a ent,these amounu shall6ear interest fmm the ���`I` � •
<br />- ;.:;,�ia.�<:,:,�r�;,:. , tY P� P Ym .;�� •,:�� _.
<br /> �..�=��,:;��;-r�:�� datc of disbursement at the Note rate�crd shall be payuble.with interest.upon notiee from Lender to Borrawer rcquesting . , �����_�
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<br /> ., . :t'°•. �•.. payment. -1�����
<br />. , • ��� `*£�::-::`i� . g. Mortgage Insurance. If Lead:r reyuirCd.mortgage insurancc ati a condition of making thc loan secured by this �`��::r-
<br /> '�y ` ` Security Instrument,Barrower shall pay:t�e Qsensiams rcyuired to maintain the m�rtgage,insuranCC in effect. If,for any : '. . l
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<br /> ' �`'• '•�•'� � '• � reason, tha moAgage insurance cover�s reruirefi 6y l.ender lap.scs or ceases ta be in effect. Rnrrower•r,huN�pay �he . • �w�.=
<br /> • r't.,,f., .',..r�ir... .' ' • } ,f ,�.�.
<br /> ,. ,;�; ,;� pcemiums�required ta obtain coveragw su�staocua(t�.,:qaivatent ta the mortgage insurance previousfy in effect, at a cost �,,�_ �,
<br /> �%',. lt; .''�' substantially•ec1uivalent ta the cast to 63�rrou'et o�t�te mortg,��_�iawrnnce previously in effect.fram an aliemuto mortgage. �:r
<br /> ".t;�..:�•.':�'`(d,'_ _ �,' • t� • .,�°::
<br /> , .: :� ; insurer approved by Lender. IP subct�ntialty eyuivalent mortga�.in�:irance coverage is not availabte.Borrower shap pay to � " ��5�,°�=
<br /> �;_��,;;;'-�-.�._,._•�� • Lender rach month A sum equal to one-twelftfi of the yearty mortgage insurance premium being paid by Bonower when the :�,,,. . � '#'�:
<br /> .•"° `,:,i� i,: .� insurance caverage lapsed or censed to 6e in effect. Lender will accepl,uw and retain these paymeniti a�a loss reserve in lieu y `
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<br /> _.�..�•�:j�;�-� � of mortgage insurance. Lasx reserve paymencs may na Innger 6e reyuired,at the option of Lender.if mo»gage insurance ��� � ��-
<br /> .:':,:�"" . �-#=:;� caverage(in the amount and for the period that Lendet require�ti)prrnided by an insurcr appraved by Lender again becames %E '"""'_' .
<br /> . . .�._. :,,��f.,. `` •
<br /> �' `' ��` � Y"'�' loss��reserve unul he c�p�u$rement for mona(�aple insurance end�inc cco dance w�h�+n�/�wriuen�pn/eme�f between Borr wer E ' �
<br /> ' _ ' __ _�i:�'� �q D D 7 L" 1 , � .
<br /> � � ' • • and Lender ar applicable law. . r
<br /> '��• • ' 9 Tnspection. �.rrrder or its agent may ma;c�re�sonabic entric�upon and inypections�f the Property. Lcnder shall 4
<br /> .',:.�', � � �',�1�,. ' give Borrower notice a?�hs time of�r p�i�r ro an in�p�:tion aperifying rea+anable cau+e far the inspection. ; �
<br /> ., 10' Condemnatan, The prvcc+�... oF aay a:.•z;d ar ciair.t frr�amages,ditect ut canxeyuential.in�rnnectian with any � .
<br /> ' , � • 5ingleFami(y-•Fanniet+lae�ve�Asatilacl�6[P�'�11YtiTRl'�1R�T--Un�f�,rtnCnvenant. 9.'9S q,u.ce3nJApu,rri ;
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