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<br /> -' ,�. 8�.�l�t1►�,.o�a«eo+�s�14 t�oe¢'�e �4!�►emma�nr e��ins or 6�eea� od �c
<br /> � .pmpQty;m�ted,p,mt toss ty.fire,b.zuds�!_a3td wit6ie t6e s«,p •a�ceaa4¢oove�ge�.,ea aey►aber huaials.i.ctu�i �
<br /> Rloods Qt floodie�.far which Isader oaquites 5�ytilr�•'�is ias�uanoe.shall be ma6qauKd in t�e amaunts amd for the period�
<br /> _ tlrt IRnder raN!�a.'iUe ins�rinoe caurier Pr�vi��the ietwe�uoe shatl he chaseo by Sonower subjxt to trader's app�u�!�1
<br /> — _ — _.-���_-.— -- �--K;i ' ' ' �ge�esm�od�YS.J,�tm�►.,. — — --
<br /> " ..___._s � ..
<br /> . oplioa.d�ain ooveni6r w Prgtect l�d�:�s rights in tLt Pi+optity in acrordanoe vrith pzragraph . ,
<br /> � ' AQ insa[aaee pd'�ciea aod rtnewals shaU tie acctp�Dk to Lendec and sBaU incWde a stu�¢ard maKgage�cl�st: l+mda ,_
<br /> a6�U Mrc tbe riaht to taM t6e polic�es a{nd tenewals.if`Lender requires.Bormwer shali p�ompctY 8ive co Lender afi reoei�rs of
<br /> prd prcaoi�aod ienewal noticts.In the eveffi of Ioss,Borcowet shaq give Pronyc�tiocto tho insuraace prtier a n d L c a d e r. -
<br /> - � i.�e�oder mht m�te{�roof of loss it nat made pcomptty by Bonovret. _
<br /> � UWess Leadec�a�d Bormrva othetW+se ag�roe in writing.insurance procoeds s1Wi 6e appliad fb�+estoruionor repais of tbe
<br /> peiope�ty damagod.if thc�ou or t�epair is 000namic�Tly fezsibie and[.ender's sc�vtity is not lessened-Ii tbc t�estontion a
<br /> . _��,: iegeir is mt eoonomicalty feas�'bk or l.ender's sa;uriry woold be lessen�ed,the iasurance pcocaeds sl�all be agpliod w the s�
<br /> . se�yrod by this Savrity Inarument;wbether or mt Uka�dne.vvith aay exc�ss p�id ta Bormwec. If Bermv�rer ab�adaas-tUe
<br />-= Ftopnty,or das noc answer within 30 days a notioe fraa ieadtr tt�t the inSararce carier fi�s offerod to sett3e a clai�t6m
<br /> - L�ndec mry aolloct tbe inwn�not pmaad4. Lender may use the proceeds to�ir or nstorc the Piupezty or to-P�Y �
<br />� secared 6y t6is Savrity Iastiument,wh�'lizf or not tl�eo due.Tbe 34�ay periad will 6eg�a when the natice is given.
<br /> Unkss Leadet aad Borrowu othcrwise agcoe in writin6, �Y aPP�on of pmoeeds ta principyt shall not extend or
<br /> poupot�e tl�e doe date of the monthIy payments nfErred to in puagraphs i and 2 or ch�nge tbe amouat of the paymeots. If
<br />_ ' uoder puagrapb 21 the FmpeRy is aa{uired by I.eMer.Borrower's rigt�t to aay insur�rce polic�es and prooads resaItiag fm�a
<br />�= du�gt to the Ptapecty ptior to the acquisition shall pass to Le�et ta the extent of tbe sums secured by tdis Securiry InstrumeM
<br />'-- umtodiatety priorio the xquisidoo.
<br />_°' . i.�.Pt+aerv�.Mai�ee aed Yrotectios a!tlr ProPert!+Baceovrds t.oan Appik9tioa;t.easelald�.
<br /> - Bormv�►er shall occupy.esmblistt.and use the PropectY a9 Borrovrer's priacipai residence wirhin sixty days aRer tfie exereition of --
<br />- ' this Security Insuumc�x aad shall continue ta accupy tl�e Pmperty as Barrowe�s priflc�pat midence for at least one year after —
<br /> � , . t6e date of oocvp�n�y,anlas Lender atxrwise a�nes in wriang,which vonsent st�:ri:i2 be unreasonably withlxtd,or.uakss ' ---�—
<br /> extrnuating cinvmstances exist wh[cb ats� beyond Bomower's control. Borrower•y?�7:�?not destcoy. damage or im r tbe ��__..__..
<br /> Pai �.�:._-- -
<br /> _ - ptoperty,alluw tGe pmpe�ty to dcteriorate,or cammit waste on the Propeny. Bom4iwer shalt be in default ii any forfeiture =��
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<br />''� � action or pmceeding.whetlier civil or crirqinal,is began that in 1.elider's good faith judgmcnt coutd result in forfeiture ot tUe -_ `;:;:..
<br /> :.�:,,_:,�. -
<br /> .. P�opeity or otherwise matexially impair tAe lien created by ttus Security Tnstrument or Lender's security interest.Borrower may , :�;
<br /> :^�a�,
<br /> ''. aue sxh'a defzult and reinstate.as pmvjded in paragr.►pit 18.by causing the action os¢�aceeAing to be dismissed with a niling .i:_�;=,,�.
<br /> • x.� '�J��y���7:,:_
<br /> ;� ti�.in I.cnder's good faith determiaation, pnxludes forfeitu�e of the Borrower's i�w�est in tt�e Property or otEser materi�l `#lY;_ rM_��.
<br /> �` ;mp,tirment of the lien created by thls Socudty Instmment or l.ender's security inu�:Bomower shali also be in defanit if
<br />''•;-�" Borrower.during the luan application process,gave material�y false or inxcurate infoi'�aEion or statements to Leader{or failed
<br /> i • �
<br />��;�::,' = �p�ride l,ender with any mattrial infom�ation)in can�ction wish the loan evidence3•.:�-the Note.including.but na limiud . �''
<br />�,:�',�:�. I - ,
<br /> ~ to,c�aesentations concerniag Sorrower s occupancy of tf�e Property as a principat t��e.If this Security Jnstnm�ent is on a .�,�%
<br />°``.':;;s s,,��r.> t�Li, Eorrower shail comply witb all the provisions of the lease. If Barro�tecc:�:�quires fee titfe to the Ptoperty. the ;,;�;��`�,,�.,�;'
<br /> �• lea�ibld aM the fee title shall nat merge unless l.ender agrees to the merger in wri��.: ;�; :-�
<br /> ` .;;:; : ._.«:. . .
<br /> •�;:• + = 7,proteitlon ot i.ender's RigMs in tlte Property.lt Borrower faits r:�perform the covenants and agreertknu contained in ,-a--.--�
<br /> ......�. ..
<br /> �� . '' � this Security Instrutnent,or thcre is a legal procccding that may significs:.ily affect l.ender's rights in the Property(such as a °=���
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<br /> ' �` �r=:.�;.4.' proeeeding in bankruptcy,probate. for condemnation or forfeiture or ta enfarce laws or regulations),then Lender may do and . : _
<br /> '��°' `� ' fot whatever is neces ta protect the vatue of the Pra R and l.ender's ri hYs in the Pro rt . I.ender's actions ma �
<br /> ,. v�r �r . r� y � � y r ( . . �`_�•-
<br /> , include paying_any sums secured by a lien which has priority over t"LS Securiry [nswment. appearing in cau r t. p a yi n g ��-;,_
<br /> �•_ reasonabte attome}s'feeq and entcring on the Praperty to make repairs.?i�,.ina�h l.ender rn�y take action under this paragrapb '��v--
<br /> �.�-,�.
<br /> �.-+:' , 7,Lendet does rtat irave to do so. _ _--..16--
<br /> . - . Any amoants disbursed ty l.ender under this paragraph 7 shall become ad�ic�.�al debt of Borrower secured by this �' ' � ;� . V:_?-����k
<br /> • Seaac...ry Instrumont. Unless B�ycr;�r�er and Lcnder�grce to athcr tetms of payment� t�.�:amounts shall bear int,�est from the :'. - :"�'�' t`�
<br /> . ��*._
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<br /> ; �' ,;;� ' ' Ga:e af disbutsement at the NoCe rate and shail bc payablc. with interest, upc�n norxc from Lcndcr to Borra�:.r.ruquesting . .�.',.�.�_-
<br /> ;' , ptiyment. �_.�;��_
<br /> ' " g�lyprt�,stge Insurpt�ee.lf L.enQer rcquiral mortgage insuranre as a e4>nditian of making the l�an secnred b}�:his Security _ ���_
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<br /> `�"�' �' Instrument, Borrower shall pay the premiums reqnired to maintain the mortgage in,urance in eifect. If. for an� reason. the . � . �„�_.
<br /> ' -�• =�� • mor[�age insurance covcragc required by Lcndcr lap�+ev�r c:ca�,cs to hc in cffccK. Bonower shall pay the premiursb required to ��*��; _
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<br /> '�� '�' k obain coverage substantially eyuiv�lent to the mnrtgage insurance previausly in eifec�.at acost substantially equesa�ent to the , ,
<br /> ��'` •_3+�.`E` ;:'r",_• cvst to Snrrower af'thc moRgage insurance prcvinusly in cffut. from an altematc mongagc insurcr approved hy I.ender.if
<br /> �;; .. �;,-:._: �.-.
<br /> • � ., '� -� �� • �`'�'� substantially ec��i�z:ent mortgage inwrancc coverage iti not available. ��rr��wer.hall pay[n l,ender rech montb a sum equal to • •
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<br /> •�•`����� � � one-twelftb ofct�e}�rty mongage insurance�s:cmium bcing pai�by Burrower whcn the insurance w•:erage lapsed or ceasedto ; •t ';;.�,�'.•
<br /> , be in effect. Lecdv�uii�;:ciecc,use and retainthete payments ay a locs rctierve in licu of mortgage insuranee. Los.g reserve � ;`�-
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