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<br /> �,��iZl1PG�67 IFR'Q�PRity�11 cWi�r��e�. IDoiaowcr shnll lc�;:p Eiio im�r�vcmr.nta no,v exlsUn�ar here�iter erccLed on the Prop�ny -
<br /> iasuPcr���st lc�sa by firo,ir,:��asds I�icludcd ���it�iin tl�r, tesm "efct�tdcti covc�nge" c.nt9 o.ny oUier h��sds,includinp�lnods or _
<br /> floodi�g,for whicS�l.c�ici?3 F��i11PO4 1I19lSiII]iCA.'I`his insumace shs�l bo mn)ntnin�d in Q�e amounts nnd for the periode thne I.cnder _
<br /> � rna�,irav.The lasuraase carri�r oravidin�tho insurance shNl bo c;hosen by Borrower suh,{OCt w Lender's approvnl which shnll not
<br /> bc uncc�sansbly w1thM„.'c�. If Horra�wcr falls to m�intnin covcrago describod abovo, Lcnder may.at E.cndor's aprion, obiain -
<br /> .`,7°�� :c. covcraga ta protc�et I..enMar'x dghts in tho Froperty in accordunco with ParagraDh 7.
<br /> �`' All insumnsc pol3s�.:�a!K�rencwals shall bo ucceptabia w i.xndcr antl shall include a standard mortgaqe clsuso.Lcndcr shall _
<br /> ,d� have the d�ht ta hoic� th�pr+ti�ies end rencw�ls. Ii'Lcnde�eaquL•�es,IIarruwcz sluatl prornplly glvc to I.cndcr;+11 repipt�af patd �
<br />.;_=;_� prcmlutns on�l ranewal noLlccs.In thn avent of los.s,Borrowa sha11 give prompt nodce to the inswence carcler�nd Lcndcr.Lcnder -
<br />-.4- �,,� muy mako pmof of losn i[nm mnde promptly by Boaowcr. _
<br /> �-. Unk.ss Ltn�lcr a�xl potmwu etherwiso agree in wridnB,insurance praaccls shaU be applted w resto�adon or rcp�ir of the
<br /> ... ,�4 Propsrty dacna�md,tf IY►�xnstoradon or repair is cconamic�lly fcasible and I.enAcr's secwriry le not lessened.If tha restoration or =
<br /> repaix Is n4t ccan�mi,�r+D.ly feasible or I.ender's r�ecurlty would be lessened,tha insurance praceuls ahall bo epplled to tha sums
<br /> -.-�-.�� ' secuc�d by this Sc�:�r�ry Instrument, whethcr or not tiien due, w[th any exccss paid :o Borrower.If Borro�ver ebandons thc =
<br />:_�;:'�-'° ' Paogerry,or dn�s aut answer wlthin 30 dflya a nodce from Lr,nder lhst the ins�uanco cantcr ha�offered to settle a claim,then _
<br /> y'"',`�' Le1:d2�may collcct the tnswrence pmceeds.i.ender may use the proceeds to repaIr or rastare the Property or w pay sums secure,d
<br /> "�"1'�'w� w1 will begin wher►Iha nodce is iven.
<br /> `+q�.� �. by th�s Socurity Insuument,whether or not then duo.'Iho 3Q�dny p�i B _
<br /> " Unlcss L.endcr and Bonowcr othecwise agrce in�vrtung,any appllcutton of procceds to principal stitdl not extcnd or postpone
<br /> ���� ttr�dite date of the monthly payments rcferred w in pacagrePhs i and 2 or change the amount of the payments.If undcr paragr�ph
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<br /> �_`�-�� 2l the Property is ecquin�d by Lender. Borrower's dght to uny insurnnce policies and proceeds resulting 5rom damega to e
<br />`q1..�� Fr�etty pdor to the acquisidon shall pass to Lender to the eat�ent of thd aums secured by Wis Security Insrrument immediately
<br />=:f,:;,. .N prior to the aaquisidon.
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<br /> ,,«,,,,�.:. 6.OccapAncy,Preservation,Maintenance and Peoiecti�n of tho Pro erty� Borroww's Loan A llcaW►n;Leasetso s.
<br />_''�"c�': Bormwea shnil occnpy,establish.end us�lhe Propercy as Borrower's principal re.cidenco w itfiin sixty dnys aftcr the execudon of
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<br />,"�"�f,A;�'`;; this$ecudty Instrument ond shnll condnuo to accupy iha Praperq�ns Borrower's principal residenca for at lea.ct one year after the
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<br />;�r;;,,�� date of occupancy. unkus I.endcr otherwise agrces in writing, which consent shall not ba unmasonably withheld,or unless _
<br />-""'=ti''�� extenuating circumstanc�s uaist which nre beyond Hflnower's control.Borrower shall not destroy,damsgo or impair the Property�
<br /> `'"•`"••{ allow the Pr�perty to deteriorate, ar commit waste on tha Property. Borrowe� shali !�e vi default if Any forfeiwre sction or
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<br /> „�,,;,,:.�.,,,, pcoc,eeding,whe�her civil or crlminal,is begun that i�i I.endu a good faith judgmea�t cauld result in forfeiwre of tha Property or
<br /> -�-� otherwise materiaUy impau tt►e Uun cm,�ted by this 3ecurity Insuument or Lendei s secnr[ty intaes�Banoaer may cura stxh a
<br /> — default and reinstau:,as pr�ovldecl in paregreph 18, by causing lhe acdon or proceedinB to be dismissed with a rtiling that,in
<br /> —_.—= Lender's good faith daterminadon,preclud.as fodeitum of the Borrow�r's intecest ia the P�uperty or ather macaiui impsi:muit of
<br /> = the lien creatod by thia Securlty Instn�ment or Lendar's security inwrast Borrower shall also ba in defoult if Bocrower,during tha
<br /> loun apptication pcacess,gave mat�erinUy false or inaccurate informaSan or statoments to 1.ender(oc failed w pmvide I,end�r with
<br /> eny material infnrmation) in connocdon with tho loan evickncod by the Noto, including, but not Wnitod to, np�esa►tatfons
<br /> conceming Sorrowu's occupancy of tha Property as a principal reskk�ce.If this Socurlty Inswment is ore a kx�elwld,Horrower
<br /> sh�l comply with all tho provieions of tho lease.If Hocrc�wer acquires fa dtlo to the Pcopa�ty�tt►a{eacehold ond the fee dtb sh�ll
<br /> not mugs unlesa I.ender agtxa w the merget ln wcldng.
<br /> 7.t'rottetbn o�l�ender'e Rl�hte ba the Property. If Borrower fail�W perfotm tho coveiwus and aQroemenW contdnod in
<br /> this Security Instrumenb a tl�ere is s bgal proceed�ng thu msy eignificAntly�ifcet I.aid�r's righu in tho Pr�xrly(wcl►a�a
<br /> procoodEng fn boniauptey.probate,for condemnadon a forfelwra a to enforco laws or ngiiladons),then L�eruler may do anQ pay
<br /> for wt�atevu�s necsssary a protoct�he valuo of�he Propeny c�nd Lendrr's dBh�s in�he Pmputy.Lenda's acdons mAy inciude
<br /> pyLag any sums securod by e llen which has priority ovu this Socurity inctrument,aPpc�rring in cc�ut, PaYing Kaaon�blo
<br /> a�omeys'icxs and entaing on the Pmperty W melce repaire. Although Lender may tpko actlon ui�dmr thie paragraph 7,Loatlor
<br /> - dues not ttuvc to da so.
<br /> Any amounts dlsbursed by Lendu under this pamgrnph 7 shall becomo additional dsbt of Borrowes secured by this Security
<br /> --- Instnunp►�Unk,�s 1Borrower And I.ea�du n�ree ta other temis of payment,tl�ese�nountv shaU ba�r intcrest from shs data of'
<br /> disbars�ment at tlie Note rate end shall be payable,wlth interest.upon natice from L.enc:er ro Bamwu reyuestln8 PaYment
<br /> S.Mortgage Iasur�ace. 1f Lerider requ{red mortgego insurance�a condidon of making the loan sec�ucd by this Secuatty
<br /> � Insorurtxnt, Borrower sl�all puy tho premivans n�quired to maintain the mortgage insurance in effect If. fac any reawn. Ilw
<br /> matgage Insuiance coveaage required by Lendrr lapses or cea�es to be in effoct,Borrower sf�all pay ths pnmiuma roqulnd to
<br /> obiatn coverage substantinlly equivalent to the mongaga insurance pmviously in effoct,at a cost sabstandally equiva�ent to tlie
<br /> cac�t t� Borrowa of tho mortgago insurunccs previousiy in effect, from en altemate mortgag�insurer appcovod by I.�ender. If
<br /> substantWiy equlvalea�t moctgage insorance coverage is not available,�orrowcr shaU pay to Lender each month a swn equal co
<br /> on�twelfth of the yeady mortgaga insuranca premiiun being paid by Soirowu when the insucanca oov.erege lapsed a ceased to
<br /> = I�e in effcc� Lcnder will accept, usc and retain these�►aymeau as a loss reservo in li¢u of mortgage insuranco. Loss res�ve
<br /> Form S02i G/40
<br /> _ �•6ii�NE)coz�2l.o� a.p.3 0�e imci,i.:
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