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<br /> � per;oes uut l.sader�aqui�s.'tUe iawranoe caRier p�ov;diug�ee;acwranoe sh�ti�be ct�nsen by e«rnw�,�t -
<br /> �ptoval wAic�sbsl!oot bo u�asasubly witNieid. lf Bar�wer fuls to m�datain coverage describod abaYe.�-adSr'r�p'•at
<br /> ' L�der's optioa.ubtain cove�age to pcotoct I.ender's rig6ts in the PtopeRy+iteaccorda�x�e witb paragrapA 7...
<br /> . AII it�wraece paticies and ncnewaLs stt�ll bc aoceptable ta Lender and stiall include a star�dand mortgage.clao,�.,L�e+�r
<br /> shall l�ve tbe rigbt to hold tlie policies arrd nnewals. If Lender cequues.Borrower st�11 promPthr give ta i,end�a!1�OrFipis. ,
<br /> �pai�pmniumg and ze�w�l nouce� ite t9e�vrnt of tac�Bortower s6a11 g�ve prom�t noha to thG uutuanc�ca�ie;atxl
<br /> � —E,eod�er Lender may m�icC proof.of ioss if not matte promptly by Banower. , . � � --_ -- _
<br /> — : - ° tJnkss llader and Borsnwer ahec�vise�g�e ifr x�ritiag.�pt�nceeds shalt be applied ra tesiusa;i.a.cE,v.c.t�PW.Af..:, _- ------.
<br /> � �e p ro p e r t y d a��,i f t h e t�s t o r a t i o n o c c e p a i r is e c o a o m icaU y feasibie and l.endcr's secun t y is not lessen�.:t�r.t1�e. -__
<br /> �esto�ioa or tep�ir is na�cconornically feasibk or l�eader's seciuuy woutd be lessened.the insuraaoe pr+aFeeds st�all4a °_ -
<br /> . applieA ta the sams sowral by this Secvrity insaumetu,whett�'or not tl�en due.with any eacess paid.to�o�rttvYc� if ___ --
<br />_ _ Ba�rmver ab�nda4c the P�opecty.or das aot answer withia 30 days a notice fmcn:Exnder that t6c.inwrance carriec i� ------
<br /> ' •offered to seuk a ciau�then l.endtr may colkct the i»wranoe proce� l.ender m�y use tt�e�:to�epair os.tescore _
<br /> - _. the�ioperty oc to pay sums secured by this Socuriry Insaumeat.whether or not that dt� The 30-dag periad wif!6eg'm what . --
<br />- thenoojc�isBiven, , =---
<br /> Unkss Lender and Borrower othetwise ag�ee in wtitiag,any applicatian of proceeds m gnacipal sha�twt extend or
<br /> , postpaac t6e due daue af tbe montdly payments refert+ed w in paragrapi�s i and 2 or change the amount af t�c;PaY�►!ts..If ,
<br /> unde�r par�graph 2l the Ptopercy is acqui�d by I.ender.8omuwer's righi ro any insarance poiicies and.proceeds ie�tltinS-- !�°�--�=°-_
<br />', , from damage w the Pmperty prioc to tLe acquisition shail pass w Lender to the eztcat of the sums Sec�red 6y.this,See,vriry: �n,d=-_
<br /> , - � .,s. -
<br /> • insaument immodiatcty prior to the acquisiuon. 2 :_ _ .. �*�,��--
<br /> f. .Oa�p�cy. Preservatioa. Maiateaaace and Pmtection ol!6e�Proptrty, Borrower's l.wn Appliptioi�,::';;•• —_..__ .,.-
<br /> [.e�sel�oids. 8a�rawer shalt occupy,establish.and use the Praperty as Bomnwer s priqc�ip�!asidence withia sixfy.days:aftcr.: _. . � ��"`
<br /> : : �x�.,.
<br /> tt�e exxuao�r of this Scr�icy Inswment and shail cantinue to occupy the Pmperty as.Bamnwer's principzl icside�e�v[ : =. -: �_'�"-
<br /> : tsast oae ye� after tha d�tc of occupancy� unkrs l.ender .othetwise agnees in wTifing..whidt con�eat_st�:�t..be.�=; -. i�;�::�:_-.:
<br /> , urmeasonabty witt�hetd.or untess extenuaw�gca�m�lances�ist which ar�e beyond Borrower's contml. Borruwer sitall not: ��`'c=
<br /> ' destroY.damage ar impair tl�e PtapertY.allovrr tH�e Aropetty to deteriocata.a commit waste on the Yroperty..Bomower shall` i`_�
<br /> � be in defautt if any forfeiw�e action or�occeding,whether civi!or crlminal.is begun that ut Lender's good faitTi jadgment 1 ti:--
<br /> cautd,result in forfeiture of the Pta�pecty or oti�erwise materially impait the lien created by this Secudty tnstcument or , a--;;�.;-:=-
<br />_- - I.c�Cr's security iater�est. Bo�rower may cure such a default and reinstate.as provided'ia paragraph l8.by caasiag the action �+~::.,
<br /> or proceeding to 6e dismissed with a ruling[Ga��n Lender�s good faii}kdeterinination.pceciudes forfeiwre of the Botrower's •. � -;
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<br /> , iateren in the,Property or other material impaimien�of the lien creaced 6y this Secvrity instrument or i.ender's security
<br /> interest. Bormwer shall also 6e in defautt if Borrower, during the taari applicatior� process, gave materialty fatse or .� r`�"''"
<br /> inaccufate infomiation or statertents to Lender(or faited to pmvide Lender with any material infarmadon)ia connection witb - '�`,r�:.'�.,;;_
<br /> - :�. ttie loan evidenced by the Note, including,iwt not limited w repn�sentations coc�reming Borrower's accapa� of the :°-_;,�_:;;:, .r.
<br /> � ptoperty as a principal nsideneC. If this Securiry Instrument is on a Ieasehold.Borrower shall campty with ali tf�pravisions "` �<-:�,��;�� :.-
<br /> ' � . of the lease. If BoRower acquires fee title tc�the Property.the leasehotd and the fee title si�all not merge nniess l.eadec agnees ,�� `` . -
<br /> ' .�S`�`°�:;-
<br /> . .;;s- -•' `��, to the merger in writing. , ;� '.
<br /> . °`: !" 7. Protection o/{.eoder's Righfs in the Peopeety. lf Borrower faits tn perfortn the caven�ts•� agreemenu :�y.�_:'.:
<br /> ;.;.,
<br /> "''��"� - ��� '=��- � � contained in this Security lnswment.or there is a Iegal praceeding that may significantiy affecr f,end'er's ri�t.�in tfie •_•�'•''°• ':_
<br /> - ;� ' ' Ptoperty(such s�a proceedins in bankruptcy,probate.for condemnadon or forfeiture or w enfocre taws or regulatiens},thea �' •
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<br /> - �g=•"'� • Lender may do and pay for whatever is necessary to pratect the vatae of the Property and Lender;s rights in the Pmperty. .
<br /> � -�'���'�=x� �' l.ender's actions may include paying any sums secured by a lien which has priority over tbis Securiry instn�ment.appearing . , • -
<br /> "`�r`' �Y�L• � ' in court. reasoaabtc attom s fees aad enterin an the Pr ta make se Althou Lender ma take action � . '
<br /> .� ,..����� •:. PaYinR eY•' g �nY P�- 8h Y
<br /> ' ' �=' � ., under this paragraph 7.Lender dces not have to do so. • ,
<br /> �:_t�;;�:;;�;� . Any amounGs disbursed by l.ender under this paragraph 7 shaQ become additianal debt of Borrower secured by this .
<br /> ` f4�'`i. a•"�"! Security Instnunen� Untess Borrower and Lendec agree ta other terms of payment.chese amnunts shall bear intere5t from the . . _ -
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<br /> date oP disbursement at the Note rate and shal{he payable.with interest,upon irotice from I.ender to Borrower requesting
<br /> . �: paymen� _ .. -
<br /> `._��,:w._. �y� & Mort�e Insurance. If l.ender cequired moRgage insuranre as a condition of maicir�g.tF:e loan secured by this -
<br /> ''"`�� - • � Securiry tastrurr��G Borrower shall pay tfie premiums required to maintain the mortgage i:isUC�.�ee i�effect. If,for any . . . .
<br /> ''. ��=:->a:* ';�'?� . teason. the martgage insarmice coversge reyuired by l,endec lupxe� or ce�tiew to be i�.�f`ec� �orrower shali pay the . . °
<br /> . f fjjf ' '1 I
<br /> , pre�c►iums required to obtain coverage substantially equivalent to the mongagc insur7.,s.ce previoa�ty in ei'fect,at a cost �
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<br /> ���r<;,,:,.�t> sa6stantially cquivalent to the cost to Borrower af the martgage insurance prevwusly in effect,from an altemate atac�gage • _
<br /> insurer approved by Lender. If Substantially eyuivalent mortgage insurAnre roverage is not availablc.Borrower shall pay to , �
<br /> , � ' �„ . Lcnder each month a sum equal to one•twelfth af the yearly murtgage insurance premium being paid by Horrawer when the ' �
<br /> :� insurance coverage lapsed or ceaced to be in eit'ert. l.endcr will acrept.urc and retain these paymen�s as a loss rescrve in lieu =
<br /> . :;_.. r.
<br /> ���4+�.�-'.:i� of mortgage insurance. Lass rrserve payments may no iongcr bc re�{uired.at thc option of Lender.it mottgage i�surance � .-_
<br /> coverage(in the amoum and f�r the periad that Lendcr rcyuires)prov�dcd by an insurer approved by Lender again be¢omes
<br /> ���� `':'� available and is obtained.Bonower shaA pay the premiumr required to m�intaan mortgage insurance in effect.or to provide a
<br /> • �='>�� �'� ��' � toss reserve.until the requirement far mortgage insurs�nce ends in accardance with any written agreement hetween Bortower '
<br /> •� „ i, � ,. and Lender or a�pticable law. .
<br />- . .•_ . 9. Insp�eeKioa. l.endcr ar it�agent may make reasonablc entrie�c�on and intpections of the�toperly. l.ender shall _
<br /> ' •� • - give Borrower notice nt the time af or prinr tn:m inxpection�perifying rea+anable cau�e fnr the inspection.
<br /> �'` ,•'� :. 10 Condemnption. The proceeds oP any�w�rd m ctaiai for damaoe..dirert or cc3nseyuentia3.in connectiun«•ith any .
<br /> ... SingteFamily..YannkN�e/F'reQdie�iacCrlF'l)R�lN�tRCtitEV'i••UnifarmCovcnW�ta 9�90 Iprrce�oJi��xixr.0 f
<br /> .. � r.rrae tat�nnwexe Fmos.�x.■ � •
<br /> �: � To fkAn WJ 1�8�Y.►!1603x1 O f+A11 Bf6191•1131 �
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