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<br /> � T . J ` . � irovw�a_Cn�P�'�g 1he Ylutnlrce aluili be elKislt�Dy BoR'awer aubJect to L�der s
<br /> ' . � .. periad�il�iReder tequie�.'s.��l�e w�hheld. tf B�x�ower fiits w m�intaio rtwdraae de.ccribed�6ova.t.endee may.�t �
<br /> +ppmv�i whicit alaii nd bc w�s�sanablY, in accn�nca with 7.
<br /> �`.� � i,��rtc optiae,o6uin`rpvrra�e ta peoiect E.enderk ri�6ts in the N+npeKy P�'+�8�
<br /> '11l1 i��umoe poticiex�tenewats ahall be acctptabk to I.tnder and etatl ir�clutk a fitandud mcxt�ge cl�use. [.rndet
<br /> .. ,�II Msv,e 4'�e ri�ht w hold tix policies md m�ewais. if f.ender requi�s.Borrowco sh�l{promptt�►.Sdvc w t.ender a!t mdpt�
<br /> �i�P�iams�ad reaewat ndias. !n ihe cvent of ios�.�ec shail g�vc p�ampi,�to tho insurance carrier irtd
<br /> l;enQer. L,ender nwy.mdce pfoaf of loss if nat made prompUy by Bcxmwer. ,hall 6e t�ed ta csst��a�r o�
<br /> Uetss l.ander�nd B�xrower otAerwisc agnx ia wiitiug.imuNu�p�d-t aPF� ---_---.
<br /> the PtoPenY dsm�EeQ.if the restocation or tepair ls aonomic��lly fcasi6k.and l.cnder�s seeuriry is nat les.sened. if the .
<br /> t�stont�oa a rep�ic is twt scaamieally fea4ibk or Lrnder3�securiry wautd 6e lesserxd.,t1�e insu�ar�ce ptncee��st�il6e •
<br /> sppliod p�tAe sums sec�med by this Security Inr�umrnt.whether or noE then due.r�vith any eacess paid to Ho�mwer. If
<br /> Bort�wer aMu�dot�s the PrapedY.or does not answa within 30 d3ys a cwtice ftom Lender that the insuru�ce carrier h�s :
<br /> ott'eced w isettk a claim.then I.ender msy coliecc the insuranve p�nceed�. Lender may usc the pcncads w tepair cx� ,
<br /> the pyeiperiy or�o pny sums sa�avd by this Security[nstrwnen�whether or noc tlren due. 'tlie 30-dny Penod wi1�beg�a w1� •
<br /> the notico is giYen. icatiaa of to 1 sUalt not extend or
<br /> ' Unless i.endar and Bomuwer ottien�vise ag�ee in writtng.autY aPP) P� ���� _
<br /> postpone the due dau of the monthlY PAYrtrent��+cfemed to.in pa�sg�aPhs 1 and 2 ar cha��ge the amcwnt of the PaYments. If
<br /> under perag�apit 21 the Pt+aperty is scquired by l.�xler.Borrower�s right tv any insurance policies and ptoceeds resuIting
<br /> �d�nage to the pmpetty prior to the acquisrtion shall pas�to Lender ta the extent of the sums stcutiod by this Sectuit�►
<br /> Ins�nunent immediauty prior to the acq�isitioa •
<br /> 6� Oceapaac9• Peeserraho�. Maiste�a�ce aod Protection ot the Property: Borrmeer's l,aan Appqeadon; � ,
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<br /> LeaseMolds. Boctuwer shall occapy,esta6l'�sh.and�se the PropertY as Bonower's princ+pal residence wittdn sixty days afte� .
<br /> tbe eaecucian of t6is Security fnsuumcnt and shall continue to occupy the Propeety a4 Borrower's principal tesidenee for pt
<br /> Iea�t oae year a8ct the date of occapancy,_unk:ss Lender otheivvise a$�oe.s in writiag, whic�.ca�sent.shall not be
<br /> yn�a�on�btY witl�held,or untess extenuating cu�ewmstanees exist which ace beyqd Bocmwor�s caturo�.�Horrower sball not '" :
<br /> dcs�uy.damag�.rr dmpair t h e P r o p ertY•a l low t i t e P r n P e rt Y t o d e t e r i o r a t e.o r c o m m i t w a s t e o n t h e F r a�p e c i y. Bamwee�1�a11 ;._;.�;:
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<br /> 6e in default��ic forfettute actlon or pm�ee,�ia8.whether civ�'1 or criminal.is begun tl�at in 1.ecKlers gbad faith judgmenr-;:;,'>.::..;;';,
<br />=='" • .•� caild result in fv�feiture of t h e 1'r o p ercy ar o t h eiwise m a t e ri a l l y i m p a i r t h e l i e a c re ated b y this.S e c u Q i t y Insuumept or• ':.•�.::-;,r�:?;:.
<br /> -1°'? ,:'c:.::�:_-I.�nder's securit�interest. Bws��vec may cure such a default and re�nstace.as provideA in paragraph IS,by caasing the action;•.�,:.;".':.;�'-;;:..
<br /> ,:� � or praceeding to be�diamis�s.�u3�a tuJing tHat;tn Lendec's good`faith detemtirtatiot�:P�eciudes•focfeitu�e of�hc Botrowu� ; ; _
<br /> :=;�� interest in the Pcaperty�.:��'��`c;,.'�'.arerial i�irment uf the tien created by this Secunry insmiment or Lenders secudt�i
<br />'`� interes� Borcoa�r s5att:�:'.sa 3+a m�e��It ii;.�orrower. dudng ihe laan application prucess.:gaye materially fatse ar;:;;:�."';:
<br /> �f�'.. � inaccurate info�tavn or�:��rrL4 ib�aadez,{nr failed to pravide l.ender with any mawial infocmaUan)in co�nection with,:.;',:
<br /> -`-°�� ` the laan evidenced�by c� "�c�.;.ac�edir�� 5�c not 1:•mifi��to. �presentatiot�s eoneeming 8ariower's occupaney of the
<br /> ;"••+"a ptopedy as a princi,�a��da-�sa,•�f ds�s S�curimy]nstruirieiic•is an a Ieacehotd,RoROweS.sha1}camply�ith ap the provisians
<br /> of ttie kase. If S�n�ser ac•r��fre tid�ro�th:Property,tiie teasehoid and the fee tit�e s{�a11 not�tecge unless t,endecagc�ee _ _ .
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<br /> to tAe mergec�riri+:s.�sg. ' . .
<br /> If Batower fails to rfonn the covenants and aSrecmc�►�4 .-
<br /> 7. Prot�e of Lendee's Rights in the Propert!% P� c� .. �
<br /> ' contained in this Secu�ity Inswment.or there is a legal proceceling thae may significandy affect l.enderS rights in the
<br /> ` property(sueh as a praceedin8 in�+nkruptcy,pro6ate.for coademnation or farfeiturc or to enforce laws or regulations),then �
<br /> ` �'� I.ender may do and pay for whutever is neoessary ta protect the value of the Property and l.ender:s righ�g in the Praperty. _
<br /> l.ender's aetfions may inelude paying any sums secured by a lien which hs�s priority over this Secuciry I�.strument.appeanng ___
<br /> in coun,paying reasonable attomeys'fees and entering on'the Praperty to make repairs.Althaugh Lender may take action _�-
<br /> ''*- under this paragraph 7.Lender dces not have to do ro.
<br /> ' Any amaunls disbursed by l.ender under this paragrapb 7 shull become additional debt of 8orrower secured by this ��4;
<br /> Security la�trument. Unfess Borrower und Lendcr agcte tu otfier tcrtns of paymenl,these amounts shall bear interest from thc
<br /> datc oi disbursemcnt at the Note rate and shall be payable,with intcrest,upon notice from l.ender to Borcawec.reyuetitins �:_
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<br /> 8. Martgage Insurance. If l.endec myuired martgage insurstn�r uy i�rottdition af making the ioan secumd by Ihi� -;s.;=-
<br /> Securtty lnstniment,Borrower shalt pay tho premiums reyuired to mui�tain thc mortgage insuranee,in effect. 1i far any :�:;�, -
<br /> .. � reason, tiw mortgage insutunce coverugo requ�rcd by Lxnder lap.r•es or ccascs ta he in etfect. �3onower chall pay thc _
<br /> premiumw rayui�ed to obtAin cavcrngo !�ubsiuntinlly cc;uivs�lrnt to the mortgage insurancc previoasly in effect.at a cost ; .`
<br /> substontinlly eyuivatent ta tl�e casl to Barrawer uf thc mortguge insurance prcviousty in effect.from an aitemate mortgage .
<br /> ' insurer appraveit�y 1.endcr. 1g�ubxts�ntially cyulvulent mnrigage in.4utancc coveragc iy noi�vaitab'.e,$orrower shall pay to ��.����-
<br />- �� l.ender e�ach�*;rr;�'f:a sum ec�ual to one-twelfth t�i ihe yeurly mortgngo inwtttuncc premium bein�paid�y Sorrower when the m
<br /> � � insursmre w��.r�r�fiapsec!ar c�scd to be irt�tfect. l.endcr w�lf ncµpl,u+e und ret:�in these payrnc�:�a.a Ioss reserve in Ileu ��;-
<br /> � '�'�' � of mortgage ir;s�r�nse. 1;n.�.4 reserve paymonx�may nn lun�;cr iw r�uired,iit tha optian oFl.e::�er if martga=e insuraace �,,_�:':
<br /> cnvernge(in t�sY:�mrntrt sui�fr�t thc perlod that l.cnder rcywrcy)pravided by an inxurcr appraved bp Lender a�a�:a�bacame� _
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<br /> ' s` Available and s�u�laui^�3.Hdrrowcr shull puy thr premiums reyuircd to.ptt�i�tutin niun�ngo iasurance cn effect,or io provide a
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<br /> . :`�• ' los�reserve,u;;t;,fhe rcyuirement Par nx�»gugr insurunce cndx in acrun1ance with.iny w�ittcp.�gre�.m'.�nt 1�eiwe=n�d�'rawM . . .
<br /> � �.�: ,�Y::;{, , and LenBet rsr appficz�btc lnw. ' .
<br /> �''`':' •' � 4. Jd.S��c3?tin. l.ender ar Us ugent may mnku rcasuuuble entries up��n;utd inr�lit�ny uY thc Prc�perty. l.cnder�haSl
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<br /> .. .r�;.,,- give Hnrn�wec u�tiee s�t the ti�nu af ur pri�r tv zm in�pccN�m w�ii'yiit�reasan:�biu cauw fi�r�he inspertinn.
<br />:.;":'•c'` , '� :. 1U Candertin�atiun:The prucce�s nf nny t�wstrd�ir clitim Pur dum;�gus.dirrct vi�vnsequantiai.in cunnection wi3h a�:y .
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