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<br /> ' ���^ w � pericxl.r�h+�t l.eixler requimx. 7'he in�uronce caRicr prrnfding thc inauruncc�hull he chn. y Ham e h � ender R �---
<br /> ' �;��;i%r,�`.a�.+,��;�,. uppmvul which chpll no�t+c unmusonubly wUhheld. If Nun�+wcr faik�o main�ain cove�ugc deu�ibed above. Lender mpy.at �.,Tm�.-
<br /> � F. �+ .n_ �.
<br /> ' �,, . . s.__.t,,:a.� Lenderk optian,abtain euverage��prateet Lender�rights in the ProNerty in accurdunce wUh purug�uph 7.
<br /> � . ° All inxurame policiew and renewuls shull be acceptuble to Lender ond shull includc u+��undard mongage cluu�;e. Lender - -
<br /> „ shall havc Ihe right ta hold the paliciex und renewuls. If Lender rcyuirex.Borrnwer yhull promptly givc to Lrnder AU receipts
<br /> • _ af puid premiums wid renewul notice.r•. In�he event of lot:s,Barrower�hull give prampt notice to the insursuicc currier und �y-�..�
<br /> ' ` Lender. Lender muy make pmof�f loxs if nw mude promptly by Borrower.
<br /> , • •`•� Untess Lender and HoROwer othenvise ugree in writinF, inzurance prcxcedti tihnll be applied to reatoration or re air of __
<br /> .. �. , P __-.-�_ _
<br /> �-- _
<br /> � :����.?„''" .•* j. , th� propeny dumaged, if the reatorution ar repair is economicnlly featiible and l.ender+ securi�y i�nui le+scned• � e _--,
<br /> �• mstoration ar repair is not economically feasible ar Lender's security would be lessened, the insurunce praceeds shall be
<br /> , �•f�;. upplied to the sums secured by thi� 3ecurity Instrument, whether or not �hen due, wi�h uny ezcesx puid ta Borrower. If �V�_.
<br /> , ?�"� ' � R�qnwer ahandolls the ProQerty, ar does �nt answer within 30 days a notice from l.ender that the insurunce camer has �r�_-
<br />��'; � ' • offered ta seule u claim,then l.ender mny cullecl the msurunce pnxeeJ�. LnnJc� �itay usc the praceed::!a sepais or restore .r____ ___
<br /> t • , the Property or to puy sums xecured by this Securiry Instrument,whether or not then due. The 30-day peri«1 will begin when �:_-,_„_
<br /> � �� the noticc is given. "���:---_ --
<br /> � � Unless Lender und Borrawer otherwise ugree in writing,any upplicudon af praceeds to principal shull not extend or ��:�;,,�,y
<br /> �-�:•�.'
<br /> �:���'� • � posipane Ihe due date of the monthly payments referred t�in purn�raphs I und 2 or change the amount of thc payments. If _=__
<br /> ���>Y(� under patagraph 21 the Property iy acquired by Lender, Borrower's nght�o any inxurunce palicies and praceed�resuhing �.-.__�._ __ -
<br /> > - ::��'�;E,r�.> .. ��-�
<br /> =�'�i�<,'��` from damuge ro the Property prior to the acquisiuon shAll puss to Lender to the extent of Ihe sum. secumd by this Security _ +�—
<br /> � �'•,�'i��� • � Instrument immediatcly prior�o the ucyuisition. ""�—==_
<br /> ,��r��;;'�-�„'•: - 6. Occupancy� Preservwtian. Maintenance and Protectian oP the Property: Borrower's LoAn Appllcatloni �::�,..b�„��
<br /> ```•'''�• � Leaseholda. Borrawer shnll occupy,estublish,nnd use�he Praperty as BoROwer ti principul residence wilhin sixty days after ___
<br /> .,,;:. ,.:.__
<br /> � . the execution of thix Securiry in+trwnent und shall continuc t�occupy the Property ac Horcower's•principul residence far�t ;,r:.t.,�: __.___� _
<br /> �s�;�.
<br /> ��.�� leust one yeur after the dute of occupsmcy. unless Lerxier aherwixe ugrees in writin�, which consent shall not be : `,,. ,,._
<br /> unrensona6ly wilhheld,or unless extenunting circumstunces exist which Are beyond Borrower�control. BoROwer shall not �ia�
<br /> � ,
<br /> �.: % destroy.dumuge or impuir�he Propeny,allow thc Property to deteriorate,or commi�wa+�e on the Propeny. Barrower shall ,� ��:�:''
<br /> , �•:, .J a��
<br /> be in default if nny forFeiture uction or proceeding,whether civil or criminul,ix begun thut in Lender'.s good faith judgment v��,,��'�� ,_
<br /> �� ' could rexult in forfeiture af�he Propeny or othenvise mAterinlly impuir the lien crcated hy �his Security Instrument or ,a.+�4�i:_—
<br /> ..: ' �'r• --
<br /> ;.,�,,�;,'..:,�;:�,.:.,• Lender's security interest. BoROwer muy cure�uch u defauU and reinstate,as pmvided in parugruph 18,by cuusing�he action .:., �r y_„�_
<br /> �� ' � or proceeding la be diwmixsed with a ruling thut,in Lender ti gc�od fAith determination,precludes farfeiture of the Borrower's `:;:i,',,y�,�
<br /> �;:,.;`,.�.�;. ,
<br /> interest in the Prapeny or o�her mnterinl impuirment of the licn creuted hy this Securiry Inxtn�ment or Lender's necurity ��;l;;,�'�lA,--
<br /> � ' � in�erest. BaROwer shall also be in defuult if Borrawer, durinF the loun uppliculian pracexti, gave muteriully fultie or +!•;!�.��•6�
<br /> ��• ��." � inaccuru�e informntian or 4tntements eo Lender I�r failed to provide Lender wi�h any muterial informu�ionl in connectiun with �,y�i;;i�Y�� �
<br /> the laan evidenced by the Note, including, but nat limited ta, represemations canceming Borrower's accupancy of the •�,�,�::•�<<�,:��;R,
<br /> �— ___. ___ Property auc u princip�l residence. If this Security Instrument is on u leasehold.Borrowe�shull comply with ull Ihe provisions ti�!;�';ry�r 1•
<br /> . of the leutie. If Barrower acquire�fee title to the Pmpeny,�he ieuxhulJ uuJ the fec tislc sha!!not merge unless Lender agmP� , �'_
<br /> =� � �r .
<br /> to the mergcr in writing. -
<br /> . 7. Protection of Lender's Rights in Ihe Property. If Borrawcr fuilx to perform the cavenants und ugreements
<br /> conluined in this Security Instrument,ur Ihere is u legal pr�xeeding thu� may +ignificunUy uffect Lender+ rightx in the :c .
<br /> . Propeny(+uch us u pra:eeding in bankn�ptcy.prohatr.G�r conikmnation or liirtciture or to enforce luws ar regulationrl,tlxn _
<br /> ° L.ender muy do and pay tor whutev�r i. nece.sury w pratcrl thc vuluc ol'tlx Propeny unJ l.endcr's righ�. in the Pruperty. � `
<br /> � Lcnder's uctian.muy includc puyinE uny tiunt�+�cured by:�lien which hs�.priority over thi.Security In+trument,•rp�xuring � x 1
<br /> • in court,puying rcuu►nublc uuomcy.'ir�.und�ntrrin�on Ihr Prc��xrty to mukr rcpuir..Althc�u�h l.cnder ma�• tukt uction ��^���y _..,,...��
<br /> .. under Ihi�puragruph 7.Lr�xlcr d�x+not huvr�o du w. �
<br /> Any anwum.Ji+hu�+�J by l.cnder undrr thi, parugraph 7�hull Ixc�mir udJiliemul JeM ui�F���rn�wrr,ecured by�his __
<br /> Security Imtrumrnt. l li�lc�+Borr�►wcr anJ Lcndrr ugrec k�u�her�crni.uf paymcnt.�hcx umourn..hull txur intcres�from tix . __
<br /> dute al'Ji.burKment at �hr No�e ratc and.hull tk payublr.wilh int¢n`t.u(►��n nuticc 1'rom Lcndrr�o Norrow��r reyucrting . .. . _ � _
<br /> ..�.. _
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<br /> li. Mort�a�e Insurance. If Lender rcyuired m�mguEc iu.ur:mcr a.a cunJi�ion oi'muking �he loan,ecured by�his __
<br /> � Security Inx�rument. Borrower �hull pay Ihr prrmium+ requir�d tu muintain the mortgagc in.ur•rnce in eCfect. If, f��r uny .
<br /> ., reuson. the martgaFe inxurancr «�vcrrge reyuiRJ hy l.ender lup.e, ur ccatic. lo lx in effccl. Borrower shall pay the . .
<br /> , pmmiumx rcyuired i��obtain covrruge �uh.tuntially equivalrm t�► tlx mohgugc in,urunce prrviau+ly in cl'fe�:t. ut u cos� 6. , ..�., =
<br /> sub+tantiully cyuivulent to Ihe co�t to Beirmwer uf thc mun�uge insurancr prcviuu�ly in rffcrl. 1'rom un altcmate mon�tage P
<br /> insurer upproved by LeoJer. U'.ub.tumially cyuivalcnt mortg•rg� in,uruncr covcru�te ix not avuilabk.Borrower.hall pay to ..:,'::..,},
<br /> ' Lcndrr eaeh month u�um cyual t�.i oix-twcU'th uf th�}•carly mort�ugc in.uruncr prcmium Ixing paid by Borrowcr whcn the � . �;,,�r,
<br /> insurunce covcragc IapxeJ�►r rru.rJ tn Ix in rtTrct. LcnJrr�v ill arrrpi.u,c and rrtain�hc.c puyment+a,�lu,�reservc in lieu s���::
<br /> ' af m�mgugr inwrancc. l.o.. rc,rrvr puymcnt.mu�• na longcr t►�rcyuircd.a� �hr op�inn uf Lrndcr,it'mungagc imurunce . . .
<br /> � covcrUgc(in Ihe amount and tiir�hr Exriixl lhal Lrndrr rryuire.l nriwidcJ hy:►n in.urer approvcd by L�ndrr ugain lx;came�
<br /> uvailuble und i.��MtuineJ.B��rcuwrr+hall pay thr prrmiwn.rryuir�d tu m:►int:un murtg:►ge imurancr m effect.or to provide a
<br /> lo..re.erve,until the rcquira�xnt ti�r m��rtga�gc in.urunrr rn�l.in s�rcurJanrc w�nh um�wriucn agreem�m txtwern Bortowcr l
<br /> and Lrnder ur appliruble luw. �
<br /> . 9. Inspectfon. l.rnder��r it.agrrn m:�y m:►I�r rca,unnhlc�ntric, upon:md in,�nrtium uf the Pro�xny. l.cnder�hall
<br /> � . ' givc Borrowrr nutirc u�Ihe limr uf ur priur ti�an in.�xrliun,Excil�ing rra,on:�hk cauu ior�hr in,�x�rti�m.
<br /> 10. CondemnatMn. Thr pnxec�l.ul'am :i��ard ur rl;��m f��r�IamaEr,.dircrt i,r ron,�qucnlial.in ranncctiun with an�
<br /> i timplr 1•.mul� �Funnle�tuc�Fraddle�1iK 1'�IF/1R�t 1\�'I'Nl'�1F:\'1'�•l'nd�mn Cu��nanl. q�911 yider+��l��/r�C�•��
<br /> �xrat Ide�.lw.mr.•{�m�e.li� � .
<br /> • � To unar cnx wpMkta►p.t�ci��F�6�lu1n��i�.n
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