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<br /> � p«iods t�c i.eoder roqui�. '4'I�e i�ur�u�ce�ie�providimg che ie�ce sh�t1 be d�os�byr s«m+wK subja.t w t,.enaer�s :
<br /> � = appovat,wfiicb shall na be unta4wo�bly rritlihetd. If B«rowa fiits ro ioa�in caverige desi,n'6ed aUmr�L.mder�aay.� •
<br /> L.ender's opioe.obt�in cuvuage to p�ota,�t lt�der's rig6ts iu ttie Aropecty in aeCOCdaoa with paragraph 7.
<br /> Aii insuraoce poti�ties and teoeav�ls shaU be ao�eptabk to Lender�d shaq iuctude a stanaa�d mlortgagt davse. Lender
<br /> ' � shaQ T�ave tt�e tigiu ta bold d�e pot'icia aod renrwals. lf Lstder requircs.Bonower st�[t P�P�IY 8�ve to Lsada ati roceipts ' .
<br /> - Qf p�id pnemi�c aod�eoewal aoacfs. Gn the event of bss.BaROwa sh�1i give p�anpt notice to tAt inwranoe cairier aod
<br /> . Lender. i.estder arty makt p[uof of loss if nat nLtde promptly 6y Sonower. ° . . , . . .
<br /> -- , !lakss d.eMer�Bor�wer a�e sgcoe is writing.iasluaacc pmceeds sdal!be applied to rrsta�aaon a repaic of �
<br /> th�Ptope�t�t d�naged. i�the crswndon or iepair is economirrUy fi�►'bk��nd LendePs security is not les�esxd- If thc
<br /> , testontion a t�pair is aot ecaaamicaUy tie�ibk ar l.ender's secu�ity woutd be kssened.tAe insutance pnDceeds s6a�be , `
<br /> � �pplied to the swns secu�ed by�his Security InmL.�*++�*.whether or nat ttxn due.with any eacess paid to lior�ower. If '
<br /> Bamwer abaodoas t6e Pbpc�ty.a does aot answer withia 30 days a notice from I:eader d�at tlre iasuranx carrier das
<br /> - offuva co satle�awn.tUen t.enaa ma►y couxc rLe;awraa�e pmcooas. L.a�aa may+ose'the p�uce�s w�epair or nscoie
<br /> - tbe Ptope�ty or to paq sums secured by this Seauity Ir�cuwnent.wtKdicr or not t4eu dae. 1be 3Q-0�y period vn'll beg'�n when
<br />_._ We na�ice is given. •
<br /> - Unkss LendE.�r�nd Barowa othcrwise agnee u►wri[ing.any applicatian of_pi000eds ta princip�ai sdaU aot estend or �� -
<br /> -- posxpoac tbe due date of the�nanthiY P��Y�nu nferied to in paragrapits 1 and 2 or chauge ihe a�m�uit of the.PaYments. If
<br /> _� wider pai�gapb 2!tix Pt�atY is a�c�bY Lender.Banou�ers aght to aay insurance pvG�ies and poceeds resWang _--
<br /> �� � from damage w tt�e PmpettY Priar to t6e acquisidon sfiail pass to Lender w ti�e extent of tl�e sunis sec�ued by this Socurity
<br /> � tiuuunxnt immediacety prior co the acqiuiaon. - •_ ° -
<br /> i. Occap�scy. I'nservatior, Mai�te�a�ce aad Prottctfoa ot tbe Propqty: Baero�rer's'La�s Appliptiou; . -__
<br /> I.dSlb0id5. B0�[OWCT SII.'t�I OCCIIP}r.estaWisl�.aad use tbe Ropesty as Baaower's priacipa�cesidence within siaty days aher =_-
<br />= the e�cec,vtion of this Secmity Insnument atrd sGall cantinue tu acupy t6e Ptopetty as Barruwer's ptincipal trsidrnce fa at --__
<br /> r'- � kast aae year after the date of occupuwy. unkss Lender otherwise agtoes in wrirbtg, wttict► cn� s6a11 aot be ` __-__--
<br /> _ _ �essamMy withl�eW,or unkss eaunuating cira�mstances exist which a�e beyond Bomnwer's cantrot_ Satmwer si�all not �_--
<br /> : dattoy.damaSe or impair the Ptoperty.allow tb�Pmputy to dettriorate.or commi�wasu on the Pmp�[Y- t�a��a11 =
<br /> , be in defauh if any fafeimis ac[iaa ar proceeding,whet6ec civil or criminal.is 6ogun that in Lender's good f�ith�nt - ----
<br /> could iesult in forfeiture af the Ptoperty or otbetwise materially impair the lien crcate4 by this Security Instranneut oc .� ��,
<br /> ' _ Leadez�s savrity intenst Boirowes may cure s�ch,a default and reinstatG as provided in paragraph 18.by r.e�sing the action '��";
<br /> ,°" � � or pcoceed�ng to be d"ism'�ssed with"a tuTing that.i�e I.ender's g6od faith dete�ination,pteciudes for(eituce a�lhe Soirower's : _
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<br /> interest in the Prapeny or other maurial impairment of the lien crated Iz��is Securi'ty Instn�ment or#:ender's securiry .
<br /> _ _ mtelest. Boaower shall also 6e in default if Bormwes,ducing the laau'apPlication process. gave niaterialiy fatse or ��-�.:;-�-�-
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<br /> : „,.. �' inaccarate informadon ar statements to Lender far faSIed to pravide Lender with any materiat atformation)in�onnectidfl.wuh . � = :,. y
<br /> � �'_ � the loan evidenced by the Note. iaciuding. but not limited m. re{Kesen�ations concemltr�:Hariower's occupaacy n�ihe �. ;,�-._;--
<br /> -,.; Property as a pm�cipal�ssidence. if this Security ing4ument•i�dn a leasehold,Borrower sTratt'compiy wi$i.:a the prorisions - •�� .�
<br /> - - of tbe kase. If Barrower acquires fee 6tle to!he Property,the teasehold and the fec utle s6ali nw tnerge�ittli��k.ender agrces -�y-
<br /> :� to tbe merger in writing. _.':: ' • {*''.:���-
<br /> - � ':� • 7. Prohctbn d Lender's Ri�hts in t6e Property. :�tf Barrower fails to perform the coven�.��3�agr�emenu �y;:•=
<br /> � .�.,•_:,-. '' ' contairted in this Security Inspument,or tt�ere is a Iegal�ing that may significantty affect l�rs'�i�st the �`"' -
<br /> ' cb ?`„�+:.;:jE . � :� ...?:. '. -
<br /> �, _ perty(such as a proceeding in bankruptcy,probate,for cori�r:nnation or forfeituie ar to enforce laws q�-repziarirns�a.then
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<br /> ,,. ,-.; . :�. �• Lender may do and pay for whatever is neec�s.,�to protect the value of t�e Property and l.ender§rigtits�iti xhe'RcsFetty. . __
<br /> �ir'�tw�.-� ' Lender§actions mag i?clude payiag aay sums s�rred hy a lien which ha�,�ority over this Security In.�ent,appearing 1;� ... ., _
<br /> � "'`''��• '• in cou�.paying reas:�3e attomeys'fees and e��ering on the Property to r.sake repairs.Althbugh Lender may take action •�-
<br /> ,'�..:�:t;.�;�.r ' ' . -_
<br /> ,; ;;.:.,•y �2, under this paragraph 7��n:�er,�es.not have to do so. ,�.-
<br /> � ';��;;,,�, Any amoun�s di�'t�^..�d:b� Lc,�der under this parasraph 7 shal!6ecome additional debt of Borrower secured by this � �' r�
<br /> � �= �Y�.,. Security Inmument Uc�rss Barro:ver and L.endeF�ee ta other terms of paymen�these amounts�hall bear interest from the •� -T�"
<br /> f:{�'� . . ,'��!If:i=.-.
<br /> . ., ,- , date of disbursemc�nt at the Notc rate and shal! Ue rr:,�able,with interest,upon notice from Lender tn i�-rmwer requesting , "''__
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<br /> � �f. •'+` ' S. Mortgage ia�urance. Ii Lender requ3red mortgage insurance as a candition of making th+e lunri�ecured by ihis ,. .
<br /> '���,�� Securi Instrume:e.�orrowrr shall a ihe remiums re uired to maintain the mart a e insurance•in l'fi�Ci. If, for an
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<br /> '' �•<<` reasen_the mortga�e insumnce coverage required by Lender fap�es or ceases to be in effecl. Barrbwer shai(�gay.the
<br /> �'� � �"�'e`.�. rr.s uue�to obtain covera e substantialt e uivalent to the mart a e insurance reviausl tn,effect,zr a r�st � �'
<br /> � ;�:�f J+.�,:•.t.,.r Precanx• re9 � S Y 9 $ S P Y :.
<br /> ' ��-�'•^ �� substantiall u,�..xf�nt ta the cost to Borrower oi the mon u e insurance ,r�iousl in effec�from an.:itc�mace mor[ a e • ''
<br /> �=t,�<:y ,•.:,. Y e4 ':, s 8 t' . " Y S 8 ��.::
<br /> - in.curer approved�1Lender. f�substantially eqw"siz'ent mortgage insurance b.�.;c�rage ia,not avaitable.BUm-,wer shall pay to ,� � _.
<br /> � '�r",�, l.ender each month a sum equal to onc-twelfth a•fif��yearly mongage insura-,re premium being paid by Barrower when the �,'F,� � �� .'
<br />' .�� • insurance coverage lapsed or ceaced to be in effect: l.ender will accept,use and retain these payments as a losa reserve ln lieu .r;;,;;,:�
<br /> �..;;� : of mortgage insurunce. �o�w reserve payments may no tunger 6e required.at the apdan af Lender.if moagage insurance �� .;�;�E
<br /> ' _;��';�_;�_� � cove�,.,�e(in the amount s�nd for the period that Lxndcr require�l provided byan insurer appraved by l.ender again becames � • . ' •
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<br /> . , n�::��,.s��=,.�i�: ava�[;.Is[e and is o�.�iaed.Horrower tihall pay the p:emiums reyuired t�maintain mortgage inruranc�r in effec�or to provide a , ;.
<br /> • °��:r�. � • • , loss ci�e.until rl��:'n:quirement for mortgage:a�urance cnd�in accordance wiih any written agreement between Borrower E . '
<br /> ' . and 4.c�ufcr or apFlic�?e law. ' !
<br /> ` 9� lnspectton. Lender or it�agent may make reasonabte entaes upan and in.rpections of thc Pr�perty. Lender,r,hal! ' •
<br /> , � • � give Borrower notice at ihe time of ar prior tc�an incpectian specifying rcasoaabte cause f�r the inspectian. �
<br /> _ : _ 10 Condemn�Nan. The proceedc of any award or claim fot damage..direct ar conseyuential,in connection with any . .
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<br /> _ - • Uea Uiss B:-�.'xie Ntmi iee.!t � . .
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