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<br /> �nod3 that i,ender requite�.�'t'he iasu�an�ce a�rria providin$the insurana st�l�be chosen 6y Barowtr subjeix ta�.aw�ePs ,
<br /> a�i,�t.which ah�l!�wt pe unnnsan�biy withheld. If Bormwer fails tn munuin wrersge described above.I.eride�msy.�I
<br /> i.e�rdt�r's Qpiian.obdn cmrer�ge ta protect l.endec's riBAn in the Pt�eny io acsoni�nse wi�h PuaBraph 7• .,
<br /> Al!insur�policies and renewalssh�li be o�xeptabk tp Lendet w�d s�hall inciude o standard matgage clause. Lender
<br /> �b�v��(��11 IO AOI11 lAC j%1IIC1lS�11�RIiGwAIS. If Lender requires.Borrawer shap promptty give to I.ender alt receipts
<br /> c�8 p�{�tstniums and renewa!noKc�w• En thc ev�nt oi los�.9prmvvYet shall givo prompt.naicC to tiie insanmce rarrier mx1 �
<br /> 1;eqd�r. Ltndee inay mahe proaf of to�if not made p�rumptiy by Boqower. - .
<br /> 1X�ttless LeMer�nd$arawer atite�wise agrte in writing.insuratice proceeds shail 6e applied w nstotatior+a�re�raic t;€--
<br /> _ Bdr iA�OCt'fy datnagcd. if the�tion ar repair�s tti'o�n��alty tessibie ar►d t.enders sccurity��.s Rot tess�ned. If tt�e . - -
<br /> _ � � aexta�tian itr t�pair is not ecanorttic�liy fa�ibk or Ler�der's secunty would hc lessened.the insarance pmceeds st��1!_Qe_:- F-__--- -
<br /> _ -.,� apptidd tn ihe sums securrd by this Secutity Inswment.wlxther a not then due.with�ny excess paid co Bomnwer. If __�-
<br />=-Y:�- &armxer abandons tbe Prope�ty*or daes not answer within 30 d�ys a notia fmm Lender that the insu�ance catrier has —
<br />:�_j o€ft�w settte a c1�¢n.dKn l�ender may colloct ttK insur.u�ce proceeds. l.ender may use the pro�eeds to Rpair or mstnce
<br /> t��PraQertyE or to pay si�mc�ecurod by this Sec�ttiW lnstrumea�whether or not then doe. The 3�day periad wiU 6egire whett --
<br /> Ctd:nodce is given. . � .� _—
<br /> tfnless E.ender and BoROwer othccwise sg,nx in writing,any application of proceeds to principal shall nat extead ar � ----
<br /> ��stpa��te�e date of the montWY paymrnts teferad to in paragaphs 1 and 2 or change the amount of ttu payinents. tf �__v _
<br />.` �der�°�i 2E tbe Property is 3cqaued by L.endec,Barrower's rig6t to any insurance policies and proceeds resulting -- �
<br /> en e
<br /> , fcaas damag�'-2v tbe FdoprRy prios to tbe acqaisidon s6all pass to�ender to the eatatt of the swns secuied Dy dsis Securiry �{='_:��"
<br /> t--' tdsu�c immediatdy pria w the acquisition. ` � �'? -
<br /> 6� Oo�ypapcy, Preservatioo. Mainten�nee and Protection ot the Property; Barrm`er's l.�a Ap�ii�Oa; -�,��{
<br /> lklsei�oids Bozrawec shall flccupy.esrablish,and use the AvpeRy as Barmwer's principal residence within siaty days after ;;},��
<br />.. t�e execution of this Seeurity Iustrument and sl�alt continue to occuP�the Fi'opertY as BoiroRess prmcipat msidence for at --�r�_'`-
<br /> �ast'orte ycaz after the date of accopancy. untess Lendcr atherwise agrees ns wriana.:vi�ch consent si�aII not be ,` -:-.r,_
<br /> - arorexsonabty tvithhetd,or unless extennating circumstances exist which are beyaad Boshov.���.:nrot. Sortua�er shal!nat .v..;_..`�,`�.::_
<br /> c'f�stniy,damage or impair the Ptoperty.allow ttk Ptoperty to deteriaate.or rnmmit waste aa ibli:.�copecty. Bamwer sl�ll t�'�;.�:'i_
<br /> r !e ini defavit if any forfeiture action a proceediag,�whether civil crs cciminal is begurt d�at i�a�seia3er's good faitb,{udgmevt ,.` -
<br /> � � crw�i`msutc in forfeinue of the Propeity or otherwise materiatt�:•unpair the tien create��:t;� SecuritY tnsanunecg¢�. �'�'
<br /> + ' s•�. ��,° '��r�`� l;ettdir's secasity inte�est Borrower may cure such a default and eemstate.as Qrovided in�--aph 18,,by cau�ing ti�e actian `� �
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<br /> _ - `� �.._,. oc tsOCeed'ingto be�q?4►5.�with a ruling that,in Lender's gaod faith determination.precludes fo�feiture of the Hamnwer's 't� -_
<br /> �,; ° .,';:it.�,�.':. • iat�test in the Fcn c�other materia!impaim�ent of the lien c�eated by tSais Secur'sty Tnstrument or Lender's'secuiTt� '-'..:`. `_
<br /> � �- ve materiall faIse or
<br /> ' `r r�A, �,.' u a t e�e s t. B a r r o w e r,s h a l i a l s o 6 e i s e�f�u l t i f B o r r o w e r.d u r i n g t he to�n a p�p f i s�an P r a cess. S a Y , .�
<br /> !,'�c��• ";; '��.r imac�nrate�►f'ornratianui�sTar�e.�.entczer�.ender[or faiteii to provide Leader with at►y inateaiaE�ormation)in wnnection witDe , ���=
<br /> � r , , ,� ,����br's� : t�e•toan evidenced b3 th�4m:e:.in:.Iuu"rag,but r�ot limited�to,r�m s e n t a t i e s s s c a n c e r r s i ag�B ptrower§ occupancy of the ';;�"�_
<br /> `� �`"�fy � ��rl�a;• �� ► "
<br /> ��. ,�- - .s<< . .: �toqe tty as a pri�tig�res�d�re..If this�ecui't�y d�..,�n.�nenl is on a leaseho.d,l��i�;�r s�alE comply with all the provisioas . __
<br /> 1� f�1 '� �� ti �'lf;.;�,.,�' aF ttjc lease..�f&fTrawer a:�u:.rzs fez Litt�ia the Ptotpaty�thc teaseho2d aad tEr�fa;.��e's'nadg rh±t merge untess lxnder agrees . f —
<br /> y; ';. �R•!'���,%�� � D�themerg�ia���. , • � _ `��+ �s,;y, �
<br /> �:: ' �;:�!'•• �;,:'�;'�"� : 7. Fc'a¢e�twn of Lender's R�tn tl�e Property. If�x�wer fa1Y to perforrc��he�,.ovenanis and ageements j " :,�
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<br /> - -r::.,. •_.�;;�s. . . contained.�ihis.Security InsuuTt�ec�.�r therc'is a legai praceeelin� fhat may significatttfg affect 1.ender� rights in the � :�♦�.
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<br /> • ;�- • iYoperty(svch as a proceeding In bankruptcy,probate,for condemnadon or forfe[ture or to enforre laws or regulations),the� . s���
<br /> _�:_:�,•�-.�. /.e�r may dv aod pay far whatever is necessary ta pratect the value of the Property and Lender's righis in the Property. a"�
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<br />_ �-= � @ender's actions may incfude paying any sums secured by a lien which has prioriry nver this Security Inswmen�appeanng . t,�
<br /> :;;;;; . . ' a+�.court.paying reasonabte attomeys'fees and entering on the Property to make repairs,A lt hou g b L en der may take action • ��•`
<br /> . ��_�_-�,;;�r ' ut�dix tbis paragraph 7.Lender dces not have to do so. '
<br /> ��• � -: Any amounxc disburseA by Lender under this parugrapb 7 shaQ became additional debt of Horrower secured by this ,;�.
<br />. : .."..'�;•<-,�:::-':.:.-- S e c u ri t y l n s t r u m e n� U r s l e ss Barrowet and�.cndcr a�ree to otl�er terma of pa yment.these amounts shall beaz interest fram the � '
<br /> '�� . ��= ,'.�'-•"` �ate of disbursement at the Note rute and tihall bc payable,with interest,upon natice from Lender to Barrower rcyuesting i ;:�:
<br /> �� �.`�=�~:�`�:;':r. puycnen� � =
<br /> 'i�'�'�"-'��-1 = � S. Mortgs�ge lnsueauca If Lender m uired mort e insurance as a condition af makin the loan secured by this � " `�•`
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<br /> ���`•" Security Instrument,Borrower shall pay the premiums reyuired to maintai�the mortgage insurance in effect. If.for any `:�-'�'_
<br /> ' �.::�:.; . .
<br /> ' -„.'�;• r�son. th� mortgage insur�nce coverage required by l.ender lapses or cea�es to be in ef£ect. Borrower shall pay the � , -
<br /> � ;�• ' . � �remiums r.guimd to obtain covera,re subrtantially equivalent to ihe mortgage insurance previously in effect, at a cost :� _- _
<br /> . , � •:���:.• - aubstnntially equivalent to the cost ta Harrawer of the mortgage i�surance previou+ty in effzct,from an altemate mortgage � ' �`
<br />�•• �.��°•- ' i�surer appraved 6y l.ender. lf substantial�y eyuivalent mon�age insurance coveraae is not available.Borrower shall pay to t�:•'f;�,���.:
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<br /> �:=n•_'- ' �.endcr each r.�ar.�.a�,.��equat to or.e-twelfth oi the yearly mortgage insurance p:emiurn bei:_,;paid by Borrower wheo the :, �.:�
<br /> '��?� �.. ' , insurance�av,�saEe I �d ar eea5e�io b�in effecl. l.ender will acceQt.use and resai.�thes$pn�men�s as a loss reserve in l:eu �; r�"'�;J •
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<br /> �"��•:': " '"��' a f mortL.a,�9ssurar.ce, Lo�s teservt pz.,mentti ma y no lon ger�re qoired,ai i?�°o�zsua of�..nder.if mortgage insurartre f � •
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<br /> • �� ,,�,,,•�� ,�;;:'�•5��;.;, caverage(in the amau�s and for the pesiad that 1.ender requires)�rovided 6.•an i:��t�z��:o►:d by LenQer ugaln becames � ...
<br /> `j.`�."���';�7�'`,, ��,��`:•, availuble and is abtai�:�i.8orrowcr s�:a:l pay the premiums reyuired to maintaim���a�e in�L-ance in effect.or to pravide a � .���
<br /> 'r��'��•''��'�`E:;;�••�� loss reserve.until the requirement for martgage ia�urance ends in accordance t�::�any ar'���a�rerment beewten Boaower � .
<br /> ;ir:'`,,; '���.%:;'�:.,. . � .
<br />, .,,.1:;;�•.,.,,,..,,f� , and Lend�r or Applicablc law. r,.,..' I
<br /> ,..,,r.,�:•-= .• 9, d�n,gpectlon. l.ender or ic�.a�.~t may make rcvticmab.��'rieti upon and incpecr.�:�rc�r�ahe Property. Lender�[t.�tL ����
<br /> . . '�''�:�:%.�-��`;'" �ive Bcor.°Yµ�er natice at the tlme uf�s nciar ta un in�pectinn�pec:;;•::;reasbnable cause for.i:=iaspection. ,
<br /> ►
<br /> �- `''�`��' '�°''� 1�i a�"'lvndemn�t�oae. The pru.�:e�.of any aw•rr�ar claim for damages,direct or con�ey.�_ntiul.in connection ai`.:s d�y '
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