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<br /> pe�iodi thit LendeE tequires. Tl�e insunrke carrier p[oviding tLc ins�atioe shall be chascn�6y Bofmwar anbject to I�nder�s.
<br /> � app�OYal wh�h stull oot 6e wu�sonably withheld if Born�wer fails ta mainlain coveragc descdbed above.Lrnder may.�t ,
<br /> Lender's option.obraia coverage to pmtect Len3er's righu in the Propeccy io xcurdance with pardgraph 7. -
<br /> AI!insurance_poucies snd tenevrals shalf bc�ceptabte to I.tnder and sltiall iixludt a standaM mong�ge ct�itse. Lendet .
<br /> sLalI have the right to hotd the policies and renewats. ff L�reQnircs.Bormwer sfiatl promptty givc to Leader aJl receipts' �
<br /> — � af paid prcmiums and renewal notices: in the event of tvss.Bamwer shall give prompt notice to the insur.urce c.�urkr and
<br /> -- Lender. Le�dzc may inake pcaof of toss if not made promptly bY Borsower. .
<br /> --- ---- - _ Unk.ct Leades aQd Bo�owtr otht�wi{e agree in writiag,.in�� Me Qmcads shall be oppliod to restoration o��epau of. - . _--.—
<br /> � R►bP�Y�S� if the restoration ar repair is economicalty fe�sible ond Lende�'s sceuriry is na tessened. 'if ihe _
<br /> ~ �estoratioa or iepair is not economicalty feasible or Ler�der's security would Ix tesset�.the insurance proceeds shatl he =
<br /> -- applied to ttx smns secured by this Socurity instrume�al.whether ar nat then dne.with any ezcess paid to Bomnwer.. Tf = __
<br /> ° Bossav�es aba��doas the RopettyE.or does�at answer within 30 days a natice from i.epdtr that the insarance carrier has �;�
<br />.:�'�; offend ro settle a claim.the�►Lender may mllect the insurance p�ocoeds. Lender may use 1he pmceeds to aepair or cestor�t =-
<br /> - the Ptupertv flcio pay sums sccared by:ttns Seeuriry Ins�nent,whetLer or nat thect due. 'Rie 30-day period wil}hegia whet► . -_--
<br />:.�•s, thenouceisgiven. � =___----
<br /> Unless i:ender aad Banowa otherwise agree irt wrian8.anY aPPlication oE pracceds ta principal si�all mt extend ar
<br /> - postpone the dne date af the snontlily payments refemed to in pa�agraplss l and 2 or change the az►�omt of the paymeats. If =.�_—��_,
<br /> - tpo __
<br /> ,.�.- . ,_.u�tda p�ragtaph Zl the Ptnpecty is acquired by[.ender,Boim�uer's ngUt to any insurance policies and pioceeds resulting �;,. -- —
<br /> �ragt
<br />.F's': `from damage to`tI�e P+roperty pnor to the acquisidon st�pass to Lender to the extent of the sdms se�,vned bY this SecaritY �s�,:.�.�� --
<br /> .��.� = U�strmrtent irmnediately prior to the acquisition - - �--=----
<br /> ��� . f� 4kcapp,ncy, �atian. Msiiatenance and Pcatection at the Property, Borruwer's Lo�n Applicatlon; � k�=?�—
<br /> �.�'�`_ I.easeM�:Srnmwer shalt accupy,estabtisft,and use tite PtoPec�as Barmwer's principa!residence within sixty days after '.''��'.;:_
<br />.�'`,, tUe exeCUtioat of thi�Secu�ity Iasuumeut and shall coIItinne ta accupy tbe Pmperty as Bortower's princrgaI residerue far az •f�--'`-`--
<br /> � ` teast oste;`ye�.�fter ihe:dare af aesapancy. unless I.e�der.atheswise agnees in writing, which consent shall not be • � ��;r�;`=�
<br /> . �,-' -� utueasc�n�hty a�itAhet�or"tuitess e��—��g cireumstances exist Kluch ate beyond Borrower�.cantrol. Borrowet shalt nat" � ;- e^�
<br /> + .: �
<br /> s�r � destmy,da'rnage or•impair the PY'a�ersg,'ailow the Prnperty to�t�ic�ate.or commit waste an th�Prope�ty. Horrower shaII
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<br /> ' =,�;�i:,-s be in d�fai�St if any farfeitare sctian i�:,�oceeding.whether cnnl aTCrnininal,is 6egun thai in.L�iidCr's gaod faith jad�t.
<br /> '� . '*��c F�'�1��;; •; � � � conld resalt in forfeiture of t&e Pro�r.rn'otherwise materia�Iy:�m�pair the lien created,by.this Sec�vity tnstrument oi` ,
<br /> ";;� �_.y--�..t�r } Lender'�security interest BoaoA•�inay eure such a default and reinsCate.as provided in paragraph I S,hy causing the acsion _ _
<br /> . - ����'�t"�'�'�"F;`r" ��^<r'' . :: interesp�t ia�flthe{Rv rty�arso�es�mat�impaim�entn�the U� created by this�Security Instrument or�I.etcder'�s�security ' • --
<br /> '���� ' �r'�; , ,interesi. Honawe��tiall:also 6z�'��fault if Horrbwcr. duung.the loan appllcation process. 8ave materially fais$ or. . .
<br /> ,,.., . • _ inacca.ar�in£wnr.atiba arstat�si:nts io�l�rtder(or failedto pmvide.�:ender witb any material informauan}in�o�necnon wiUt.:- . `;�
<br /> `4�4;°.� : �;.•�;< . tt�e ioa��ic�c�ced;:by-the Note..ine2uding, but not limitea to, rEpresentations canceming Borrower s occnpancy ot the: . _____
<br /> . ;;��:r� < i •- �captrty as a pric�c�ipal iesidepce. If tfis Seeu:iry Insmuttent•is an aleasehoid+Hotrawer shalI comply Rith all:the pravisions, � ... fr"-�=
<br /> �:��''� of the tease: If�Hotrower acquir�s fee tide to t�Praperty.the 1ea,+et�vld and the fee title shali not metga anless Lender a�s .• , `�"'"`_
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<br /> to thetrter�eriit wcitmg.�. �r w'-
<br />' �-'�;;;�-•-*•�' 1: F.totectbn�otl.ender's W�hfs,in,ttie:Property. IftBarrower�faits to perform tde cmenants•and•agrcements �_
<br /> _�' :'-" -; contained'm this Securiry lnstrumenf:ae�ttiera is�a•tega!•proceed9n��tHat�may significantly.affect{Lendtr�s rights in tde� - , �
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<br /> ='t-'��'`� �' Pfaperty(such as a proceeding in bankruptcy,pratiate.far condemnatian or forfeiture ar to enforce laws or�regulation.c),then ,, __ �q� -
<br /> , '`.�`''-'' � Lencier may do and p�y for whatever is necessary to protect the value of the Property and l.ender's dght�c in the Property. ; �"
<br />� I.ender'.s actions may inclade paying any sums xecured by a lien which ha�s priarity over this Security Insirumen�appearing. . • •v;A
<br /> � ,' in court.paying rea.wnabte attomeys'fees and entering on the Property to make repairs,qlthougti Lender may take action , � ��
<br /> . . under this para�raph 7.l.ender daes not have ta do so. . � .
<br /> ; Any amounts disbursed by I.ender under this paragraph 7 xhall become additionul debt of Borrower secured by this , . _
<br /> ' Security Instrument. Unletis Boirawcrand Lrnder agrec w other temi.s of payment.these amounts shall bear interest from the . ,. ; _
<br /> , . date of disbursement at the Note rate and rhall be payable,witb interest,upan natice from Lendcr to Borrvwer reyuesting • � _
<br /> .. _ ;.. . payment. •
<br />' .�����=:' S. MortgAge Insuranca If Lender required mortgage insurance av�condition of making the taan secured by this . - -� -
<br /> . � ' • 5ecarity[nstrument,Boaower shall pay the prcmiumti rcyuired to maintain the mortgage insuruncc in effecl. If.for any . �
<br /> ,, ;; •. , • �asors, at� mortgsL,re insurance coverage required by Lender lapses or ceases to be in etfect, Borrower shall pay the ' ,yi
<br /> . •�• prem:ams required to obtain covera�e subytantially equivalent to the mortgage insurance previously io etfect.at a cost � -
<br /> ' � substartialty equivalent to the cast to$orrower of the martgage insurance previously in effect,ftam an attemate mortgage • _ � �`
<br /> - ' � incurer approved by Lender. If substanpally equivalent mortgage insurance coverngr is nat available.Borrower shall pay to . ' �� �.'
<br /> ' � ' i.ender each month a sum equal to one-twelftb of the yearly martgage insurance premium being paid by Borrower when the • "'�r'�
<br /> ��,� :. _ ,vr,-�.
<br /> . � s:.�;:"�. ': . ��:. . ins�ran�coverage lapsed or ceased to be in effect. Lender wi11 aceept,use aad retain these payments ac a loss reserve in lieu {•..
<br /> . • � of martgage ir�surancc. Lo.r•s resen•e paymen[s may no lonrer bc rcyuircd.at thc option of Lendcr.if morigage ia�urance �''�`',� .
<br /> � -`;.: � ., , : covera�e(in thc amouni and for the period that Lender requires)pravided by An insurcr approved by Lendes again becomes. : •
<br />. - . availabte and is obtained.Borrower shall pay thc premiums required ta maintain mortgagc insurance in effect.or to provide a � • , �
<br /> " � . " lass reserve.until the requirement for mongage incurance ends in accordance with any written agreemrnt between Botrower . � ,
<br /> • . ••�; ' and Lc�der or applicable law. ' .
<br /> � � •,,,�,�,;_ ; 9, Inspection. l.ender ar is.agent may make reatinnable entrie�upon and inspcctions uf the��roperty. Lender shait ( .
<br /> °, ;.,L�: give Borower notice at the time of ar prior to an insyection specifyin;rcasunable cau�e for the inspection. �
<br /> : . � 10 Condemnation. The proccrds nf�ny award or,etaim far damatges.direct or rnn�equentiat,in can::ection with an}r I.
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