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<br /> petio�th�t�tender reqnirey.y`Ilie insmance cu�er�xoviding aha it�swsn�.'e�11 be chosen by Honower susjcct ta E.ender's `
<br /> ' , approval w6icb sh�ll cwt be uncea.wnabtY withheld. If Bonawer faiis to msin�in Goversge dcsrribed abova.l+endec may.at
<br /> . 1.e�Wer s optio�oMtie coven�ge to pmtect I.a�der's�Sf u.+in the YlropeRy in�ccorQance Wuh P��Siaph 7.
<br /> Af�ins�uacx�e Put�cirs anc!m�ewals stw�t!be xccpt�bte to Lcrider�nd�11 inctu�lc a standarcl mcxtgabc ctausc. Lender
<br /> - siull bave tirc right to twt�the policics�nd[enCwWs� !f L.et�dcr requircs.&xrawer shalt pramptf}give to Lender all receipts
<br /> �,P�l�iums aM ceaewai aosices. in the event af las�.Bortowet�ct��tt give proatpt noucye to the i�uurmce curier aad
<br /> ��. l.endes may m�lce proof of toss if not madc pnatnpttY b}Bixrower.
<br /> Unkss L.ender and 6amwer aherwlse agroe in��ting.►�.;urance p�ucaeds sfrali he apptied to rs�ctur.uioa or cepaic:of
<br /> ' ��RY�B�if che aestoration or repair is ecaaomicallY fea-�ibte and i.endeer's secunty is not tessened. If the. _
<br /> . trstoiation ac�rpair is noE economicaliy f�ui6le or Lxnder's security r�rould.6c irssened,the iaswsure proceeds sha!!be
<br /> ap�plied'to tIx suras secured by this Se.�urity instrumeaG whether oc na then due.with any eacess paid to Bortower. If
<br /> � �• Bartower abuida+�s tiu Propecty.or dues not an.�wer wi�hin 30 days a notice from Ixnde[ehat the.inwrance carrier Ims .
<br /> . offered to satle a claim.theo Leader may coilect ti�e insucance proceeds. L.ender may nse the pcaceeds to mpair or testore
<br /> tha ptopetty a to pay swns secunad 6y this Security[�wment,whether or na thea due. 1Ue 30-day periad will6egin when .
<br /> -_ — tLe notice is given.
<br />- Unkss t,ender and Bomnwer othetwise agree�i'tin�g anY aPP�sc.�at�,°'ar�the n�iount,af the paymex nt�s�. lf
<br /> _'- -.... �pastpone tfie due date of the masnhly paqments t�8�� Gc►es and pmc�eeds rest►Iting
<br /> under paragr�gh 2t ttst Property is acquired by Lender.Barrower's n t to any insurance po. . -- —
<br />=_<- fmat damage w the P�operty prior to the acqiiisttion shall p�.s to Lendec to the exceat of tUe sums secured bY this Securiry
<br /> ' `Insuument immediately prior to the acquisition.
<br /> f. Occupsucy. Pr�esetvatbe. MAiafenance su�d Protectioo .of.the Propert9+ Borrower's t.ase Appiiptio�:
<br />'---� _ � I.ease6olds. Bomower shal!occupy.establish,and use ihe PropeRY as Bort°wer's princi�l residence within sixty days after
<br />_ � .ihe axa�man of thi.4 Securjty/nstrument and shali rnntinue to occupy the Pmper[Y as Bcxr°wer''s principal residence for at
<br /> '' feasi aoe yrar aRer the date of occupancy, untess LendeF athecwise a�s in writing, which consent shall not be
<br />'`'° nnrpsonabty withheld.ar uniess extenuating ci�umstances exist which aze beyond BormWer's canrol. Borrower shaii not
<br /> - - destroY,damage or impair tfie Propercy.allow the Praperty to deteriorate.or commit w�st�on the Ptoperty. �orrowcc sha}i
<br /> ti" �be in default if any forFeitn�action or procceding,whethe[civil or criminal.is begun that in Leader's good faith judgunen[
<br /> ��: could result in forfeiture of the Propecty o�otherwise materially i�npair the lien created by tltis Securiry Insiroment or =�_
<br /> _ ' [.ender's securiiy ints�rs� Bomower may c�m such a defau(t and reuisLzte.as pmvided iri paragraph l8.by.causing the action __
<br /> yr.�� or roceedin to be dismissed with a ruGn that.in l.ender's ood.faith determination.ptecludes forfeiturc of the Borrower's �,.�_:_
<br /> I ��;, P 8 g g ___
<br /> interest in the Pl+npeny or other material impairment of the lien cr�eate d by t his S e c u ri ty t n s t r u m e n t or Lender's• securi ty �� °—
<br /> ' •interest. Barrowec shari atso be in default if Barrower. duaug:tha loan apptication process, gave materialiy fatse.�r �` �
<br /> ' - inaccurate infortnauc�ar statements to l.ender(or failed ta pravi��eardet with any material information)in connection with. ���`
<br /> ";r- the toan evidenced hg r.he Note. including,but not limited to;�reFr�o�s eonceming Borrowe�§ accuPancY ���=• __'=--
<br /> y� • . property as a princi�J residence. If this Security Instrument is on a teas��trnld.Barrower shall comply with ai!the provisions . ;,�-a=--
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<br /> of the lease. If Borra��er acquires fee title to the Propert}�.the leasehold attd�Eee titte sdall not merge ante�s i.ender agreex �.
<br /> • to the merger in wtiti,Zg. - --
<br /> r�`.s 7. p���t ot Lender's Wg1Us in tl�e Property. if Barrower fails to perfamt•the covenanu and agreert�enGS . __
<br /> �� '' cbntuined in this Secur►ty lnstrumen�or [here is a legal proceeding that may sigmficantly affect Lender's rights m the �;i�.
<br /> _ ' Propecry(sucb ac a�soeeeding in bankruptcy.proirate,tar rondemnatioa ur farfeitur�ar to enforce lawc os regulations),ti�en .�----
<br /> � l.end�r may do and gay for whatever ic necetisary to protect the value of the P1'operty and Lender:s righis in the Property. �•�"F:S-:;
<br /> � � Lender:s acuons may"snclude paying any�um+secured by a lien which has priority aver this Security fasuument,appeanng �.-°:;���'-
<br /> , sr�.
<br />• � ��3 � in coun,gaying reasonabte attomeyti fees and entering oo the Pcup2rty ta make rep�airs.Although l.eMter may take aetion �:._3i:.,
<br /> under tizu paraoraph 7,Lender does no1 have to do�o. � � `.
<br /> ``� Any amountg disbursed by Lender under this para�raph 9 ti�hall beca►ne additianal debt of Hortower secured by this •, _.
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<br /> �: ' : Security Instrument. Uniess 8oaawer and l.ende�agee ta othcr term�of payrrtent.thesc amoun�c shull bear interest from the �r•�-:
<br /> ,r.� � date of di4bursemen[at tiie Note rate nnd�hali be payable,with interest.ap�n natice from I.ender to Barrawec reyucsting ', . ;
<br /> �. paymena � .. . . :fi ;f� �.,;:
<br /> . '�- �� 8� ;tortgaT;e ia�rar� If Lender reyuired mortgage ia�urance as a condition ni making the laan+ecured by this :;, ,,_.
<br />`�. - �?:*�� , � Seeurit}• tcstrumen�Borrower�hatE�ay the premiums rec{uireci to maintain �he mortgaae insuranee in effect. If. for any ' �t,.`.,,:,;.,
<br />',.. } � -a'.��r-2:. . • ,
<br /> ,� reascn,tFr mortgage insurance coverage reqaired by Lender lap�es ar cca�.e+ to he in effec� Borrower shall pay the �.,;;•;..,L-,,,..
<br /> � � � • premiums tequired co obtain coverage�ub,tantialty equivat��.^,c ta the mangage in�uranee previautily in effect.at a cost :��.''
<br /> ' ���° � substantially equi�alent to the cort to 8arrawcr of thc mortga�e insurance prcviously in effcct,i'rom an altemate mortgage �;*
<br /> � � insurer approved by I..ender. If tiub�tantially eyuivalent mongage imuranc.;rvvcrnge i�not av:utabte.Barrower shall pay to t�ti: •;�;��' '
<br /> � Lcnder each month a tium eywd to anc•twclfth of the yearty nzottLage intiurancc premium bein�paid by Borrawer when the y
<br /> -��, .' insurance coverage.tap�ed or eea.ced ta Ne in effec� Lender w�A w,;cept.u�e:uid retain these payment�:�s�losti re�erve in ficu �s,a�
<br /> ti:nur 4�e re uired.at the opti�m of Lender.ii mortguge insurance �. .�''``�:i'; �
<br /> of mortgage i�sur.im�. Lasy rc+ctve payments may no K , „�;;,, •.
<br /> caverage(in the amount and for the periad that Lc-m.'er require�)providcd by a�in.urer upprnved by Lender again becames c� , '.,.,.,,
<br /> �'��• �`� ' availAble and is obtained.Borrawcr tihall p-ay the{�rcr.�iumc rcyuimd t�+maintuin mangage in�urance in effu:�or to provide a ����'. _.
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<br /> . r.;r:`_:���>>��. loss reserve.until the reyuirement Pnv mortgage in.urance end.in accordance with any wrilten agreement ik,tween Borrower �'
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<br /> �. • '�i':c.e-.'.,�S:?: and Lendcr�r applicablc law. ; , . .
<br /> . . -ts�• •:=,"-,� 9. lnsp¢etiatt. l.cnder or it.agcnt may mahc:r�:+,unsbic etitric:,upun and impection,of thc Prn�+eny. l.cnder shall � .
<br /> '� �����,� � give Borrawer natice at�he timr af cir pri��r ta an in,pertiim!�pecifqing rca.�mabtr cau�c fur the in�pection. �
<br /> -� Y � 10 Cundemnation. Thc puxeedti.t>f i�ny a��a:d��r claim fur damager.dircci or cumeNueatial.in c�nnectiun with any ,
<br /> ". �. � SinglcFuuiy ••Yvnnk�fae,i'rrddir�tac1�1611R�f1%tiTR1�1F:Yf—t'ndom�Cu�cnnnt. 9/40 ry�dc�•!�1b/nrte.�� I
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<br /> " .€:'.�� � 1:(P�R 1:11t+{tC.ilnnu FutON.InC.� � .
<br /> �}�.,_.,._.:• _ IvOfdr�l'�II tiAU59(1'J39:1'.;V.110167!N•fl'q
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