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<br /> • ,�. ' periods�hac l.endrr Rquircs. The insur�c�cartier Providing t6e iasurar�ce,shall be chosen by Bamwer subjert to Lendec's .
<br /> app�val�which shait aot be untrasonaMy wit6l�eld. if Bocrower faiLs w mainGVR coverage dtscribed aMvr.t.ender may.at _ .
<br /> � ' Lender�optioe.ioblain caverage to procect l.ender�cights in the Propetty in aabrd�nce with para�raph Z ,
<br /> � Ap inswance polic�es and reaewals sha116e accepta6le to I.,�ndcr and shall uiclude a standard rnong�ge ctause. Len$er
<br /> shalt hava the right tu hold the policies artd renewals. (f lxnder iequires.Boirower shall prvmptly give to Lender alt teceipts '
<br /> � •of paid pcemiums and�enewal�tices. in ttie event uf[oss.8orsawer shatt give Qromgt notice to the insurance carrier and •
<br /> Lender. Lender mag malce proof of ioss if�wt made Pi'an!P�tY 63!��wer. ' . .
<br /> _.__ . = Unl�s�.ender and:Bo�wer otlierwise agree in wnting,i�acmce�s sktll6e:ippiied io iestaation or-r+epair of .
<br /> � ti�e{�opeKy d�r�ged,if tfle rtstoratioit.or rep:eu is economically feasible and Lender's security is aot icssened. If the
<br /> = nstoration or sepair is pot economically feacibte oc Lender's secunty would be lesse��ed.the insurance.-pmceeds shall be
<br /> applied to thC sums secured by this Security Insuument,whether or not then due,with any excess paid to Bortower. [f ----
<br /> Borrower abandaos the Ropetty.or daes not answer witfiin 30 days a nosice from i.en�der that the insurance carrier has ,
<br /> - offeced to settle a claim.then Letder may collect the insur�ance pcoc�eds. 1-ender may use the prnceeds[a repair or nestare
<br /> the Propetty or.00 pay sums securedby tlris Secutity fistrument,whether ar smt then due.T6e 30�day peridd wilf hegin wt�en-
<br />- _ ,the nodce is given. • . �—
<br /> � Unless lxnder and�orrower othenvise agree in writimg,any application of p�oceedt m principal shatl aot extend or _____
<br /> - postponrthe due date of ifre monihiy PaYments refetred ta in ParagraPlu 1 and 2 os chaagr.the amount of the payrttents. If �
<br /> , � . ander paragrapEe 2t.tlre Pt�yerty is acquired hy Lender.Bortower's r+ght to any insa�nce.poticic�aa8 pmceeds resutdag ' _ � _
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<br /> . frorn damage to tI�e Pi+nperty prior to ihe acquisition shalt p�ss to l.ender to the exteat bf the.sam�.secv�r�d by this Security ' G-'` _-`—
<br /> .:.. � ��,�,�,.
<br /> Instnunent immediately ptior to tite acquisition. . . .: --____
<br /> opertp;, B�cru�rt�'s��aart. ��-�-
<br /> 6. Occupauey,Pceservation, Maintenance and Protedbn of the Pr �p�i�� �;,.�,,,.--
<br /> I.nseboW�. Bor�wer sha1I occupy.escablish.and use the Prope�ry as Borrower's princi�ai.c�sidznfe:x:ithin s�t}�da}�s after ���v
<br />� '� tlie eaecudan of tliis Secariiy Instrumen[and shall continue to occupy tfie Property as�c�awers principal residence forat l;�:�°-:
<br /> L least one yeaz after tfle date of accupancy. unless i.ender otherwise agrees in wxiiittS. whiciY consent 'shait not he �,�ti.�_:
<br /> , un�rasonably withhet�.ar tmless extenaating cir�eumstances exist which are 6eyond Borrower's coniROl. Botrowtr shalt noc . ���_�___
<br /> .u ' , destroy,damage or impair the Property.allow the Propecty to deteriorate.oc_commit aaste on the Property. Borrower shall � :,a=��_
<br /> be ia default if any forfeiture acaon or praceeding.whether civil or criminal,is begucr tTiat in Lender's good faith judgment `�:�;; :_
<br /> �• -•;,� could tesutt in farfeiture of the Property o�atiterwise materially impair tbe tiea.created by this Security Instrument or _�-T,��:^� ;-
<br /> " . . L.e n d e r s s e e u rt g i n t e res� Bocrower ma y cure such a defaalt adA reinstate.as pmYidect:ice paragrePh IS,by eausing the action .Y•`?i�'r_ .,;-
<br /> '� "� or praceeding to be dismissed witb a rulin�tt►a4 in Lenders goad faith deteaninatian.precludes forfeiture of the Batrower's • '-
<br /> ' := ( interest in tf�e Ptopert}+or other material impairment of the lien created by this Security In�trument or Lender's security : • __
<br /> � �x�• � intet+est. Bortawer shall also be itt default i�Borrawer, during the loafl appliqtion proce.cs, gave materiatty false or __
<br /> �� ?�`��';::s,���'' imaccurate information or s[atemenGc to Lender�or failed ta provide Lender with any marerial information)in connectian with • .� . •.�-�_.�
<br /> ''��'-'--"`�"'Y ` the toan evldeneed by the Note,includinLe,but not limited ta.representationy cortceming Bortowers accupaney of the . _.. -�:-�-
<br /> � . �' .'��`."�• '' Property as a principal residence. If this Security instrumerit is on a teasehold Borrower shall camply with all the provi�ions ;��•'.}. r—
<br /> *�:. � � ; • of the lease. If Borrower acquires fee title to the Prapecty.the leasehold and the fee titte shall nat merge unless Lender agrecs �,�`+,�'
<br /> . �.., ,.�3, , to the merger in writing. ;•� ��`� �;�
<br /> ' - �:'';�' 7. Protection of Lendec's Ri�h�s in the Propecty. lf Borm�e�fait4 to perform the covenantc and agreements .,�;,x.";.-.'__-
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<br /> ��� �. . contained in this Security In�ument,or tttem is a Iegal proceeding tIsat may sip�ificanily affect l.ender's rij�hts in the `�_
<br /> `.'�.:;�"���`i"�� ,. � PROpetiy(suCb a.q�3 PfoCeedIDg[ii 6�7AktUplCy,probate,for condemnation or fa►t'eitare or to enforce laws ar regulations),then , _-__
<br /> � �"' ��Y ' Lender ma do and a for whatever is nece�.w ta rotect the vaiue af the Pto and Lender's ri htti in the Pra . •
<br /> • . Y P Y �Y P PenJ+ S PenY• �• -
<br /> . - - � I.ender's actioa�may include paying any sums secured by a lien which ha�priority over this SecuriEy lnstrument,appearing . ;.':-
<br /> � • in court,paying reasanable attomeys fees and entering on the Propeny to make cepairs.Although Lender may take action ;,t .¢�._'
<br /> ,.. '� '"_'. ' under this pamgraph 7.Lender dces not havc to do so. � -
<br /> -'��--��"°��� An umaunt4 disbuned by Lender under this paragraph 7 sh:sl]become additional debt af Banawer secured by this _ -_
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<br /> ,..;:._-:...., : Security Instcumen� Unless Borrower and Lender agree to a�hes terms of paymem.these amounts shall Isear interest from the .Y,
<br /> • ' '"�'"';`•=' � date of disbur5emem at the Nate rate und shall be payab[e.c�nh interest,u�wn notice irom Lender tc�Barrower requesting • , � �y:�
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<br /> �;.�;��.��_: • paymeni. ' � f=_:r
<br /> • • ':�:_':;? • 8. Mart�e lnsurance. li'Lendcr required martga.�e i^tiura:�K a::�condition af making the toan secuted by this ; '` �_
<br /> .:.,•., : Security Instruis�ent,�orrawcr shaq pay Ihe prcntiums rec<<:::;�i to r�»-:»:n thc martgagc in.urrnce in effect. lf.far any
<br /> .;�;;....�:� , �• rea,con, the mortgage insurance coverage require d hy f�c::��' tap�e� �r ceatie. tn be in effect. 8orro�ver shall pa y the _
<br /> ,. �;��'v�s�1; ,.�. ' pzmiums required to obtain coverage sub��antially eyuica`ent to the mangage in�urance previausly in effect, at a cast . � .
<br /> • � :a�!ti�f`�� : substantially equivalent ta the ca.rt to Borrowcr��f thc mongage imurttncc previou�ly in effc�h,from an altcmatc mortgage �:,+'=`
<br /> ��` -s insurer approved by Lender. lf tiuhstahlialJy cyuivalrnt mongage in�urancc mvcragc ic nat avuil�bte.Barraw�er shall pay ta � , �'�'
<br /> ,�t;i:'':��,y.
<br /> � +'��• ��;�� Lender each manth al.um eyu•rl tc�one-Iwelfth af the ycady mortgage in�urancc premium being paid by Barrower whcn the ;g.`
<br /> ��• �r�+���; � .
<br /> . - .:�:-,*�;�r-' - iavurunce coverage lapsed or ce.i+ed to he in effcct. l.ender will accept.use and retain the�e paymemti a�a I�x.retierve in tieu �•�.�-,�
<br /> s ��,/,;.�;-� . of martgage insurance. Lc,ss rcwcrvc paymenl�tnay no langca be reyuired.at thc option nt'l.endcr,if martguge incurance � .. =_
<br /> --�`�`���;,:;:: ` �•� � coveragc(in Ihe Amount and for thc peri�xl that Lcndcr rryuirc�)pnwided hy an ia�urcr u�praved by l,ender again bccometi • 'r
<br /> ' '�"°::'�•�� � available And is obtained.Borraucr�hall�r.�y the premiumr required tu mainwim m�rtgagr in�urance in cifcct.or ta provide a •
<br /> , , . ' lass reserve.until the reyuiremcnt for mort�asc in�urancc cnd+in accerdancc with any writtcn agrccment betwccn Borrower �� .
<br /> ��: : ` • , and Lender or applicuble luw. , •
<br /> • -• , . 9. tnspe�tion. Lcnder or its agcnt n�ay make rea.onahtc cntrie.a{r��a and in.pectionti��f thc Pmperty. Lcnder�hall _.
<br /> ��?,.�,.::•,: ., , give Borrower notice at the tima of or prior[o an intipec�i�m�pc;cifying r�ayonahlr cautie far Ihe in�prcti„n.
<br /> ' . 10 CandemnaNun. Thc puxceQy of any award or ctaim F��r dama�,c�,dircel ur am.rcqu�ntial,in cunnrctian with:�ny
<br /> . � '� . � Singfc f.iroity-iannir Stae-Yreddk�tac 4�IFOR�t 1�57Rt:A1EVT--Unifurw Cuvrn�nt. 4140 /fh1CC r��lh J'u¢�•.��
<br /> � �• lhhrt Litr+{SUSInt.v Ycmtc.tnt� � .
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