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<br /> ```''periods that L.eeder ra�ire�- 't7te sawtance caRietr FrovidlnE the'�nsusa�ee sl�11 be Ci�osen by Bcxcower sabject ta Ltnder�-
<br /> _.. _ -- — � - �coval which�ll not�e nn�ea�onabtY witAheld. ff Bnrt4wer faits ta maintain coverrg�described above.Lender raaY•� .
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<br /> All lasurance poli�i�and renewa�Ls sha116e acccptabte to Lenrfer a��d. mc u � ive to Lender�tl receipts T —
<br /> -sttall f�ave the dght to hotd the poticin and re�wals. if i.ender ra►uices.Borrower�hall Promlx to the insuraiice camcr�d
<br /> ' of paid premiums and cenewat�wuces. b the evau of loss.8ori�uwes sdall.gi�e pto t�
<br /> . Lender. l.cnder m�y R�e P'�f of lass if not made pron!PdY by Berrower.� .
<br /> Unte�Lendet and Borrower othenvise�'�s ecanomically eas�ble and SLender's pse ur�ty i na tessened. ptf the . .
<br /> � ��u�e�ty�Sragctl.if the s�estotatio�or:?rP�'� wouid be tes.setted.tite iqstuance iscc�ccceds s�11 be
<br /> resc�a a repa�r�s�ot eronamicailv feasble or Leader's security .
<br /> applied to the sums secured by�this Seciuitg insuument,whether or noe then due.witb any txcess p:ud to Borro�rer. li ;
<br /> gorrQwer ab�ndons the Prapert}+.oc dces na an:wer widun 3f}days a notice fmm ixndcr that the insur.mce carsier has
<br /> ndon roceeds to re air or mstore
<br /> offe�ed t�set�te a clwn.tben l.eader may coilect the insurrnce proceeds. I.ender may use the P od K ll n when
<br /> _ • the prope�ty or to paK�sums soc�u+ed by thic Security lnswmen�whether or not.then due. 7'he 30-day peri 1�8&
<br /> �1101��g'v`'�' - .. m writing.any application of proceeds to principai shaii not extend or •
<br /> - — Unk�s Lender and BoRUwec otherwisc agree.
<br />-_ - — postpone the due date of ttie montblY P�►Ymrnts'refeRed to.in par�Srapbs 1 and 2 or change the amuunt oF the payments.�If
<br /> _ u���.�y�1 �p��ny i�xquired by Lender,Barrower's nght tu:eny insucance pohcies.and proceeds ceaulting
<br /> frorp damage to�he Pmperty prior ta the 2cquisition si�all pass to l,ender to ttte extent of the sums securea aY this Securit� .
<br /> _ Instrwnent immediately pnor to the xquisition. : � Borrnwer's Loan Applkatlon;
<br /> �, p�p�Cy� prese�atiop, Maiatd�ance and Pmtectt°° °� t� �'°� y'1 residence within sixry days after ==—
<br />-,."', Lea�6old�, Borrower shall occupy,establish.and use the Pr°percy as g°n°wer's pri�o�wer's•principat residenre for at �=v__
<br />- ,� ti�e exeeution uf this Securicy Inswment an d s ha l i continue to accu p y the.P m p c c t Y writing, which consent sfiali aa 6e ��_=
<br /> - lean ane year after the date of accupancycinumstapce�s eaist which are�beyond Borrower:s contrai. Borrawer shalt not . �i =
<br /> -'- ' mueasona6iywithfxtd,orunlessexsenuatin�. �:`�_� _
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<br /> �;:v al�uyv the PropeRy to deteriorate.or cammit waste ort the Property Borrower shali �,.,____
<br />- destroy.damage or impair the Pcopercy. whether civil or criminal.is begun that in i.ender ti good fuith judgment __=
<br />- _ be in default if any fa�fe�tuie acuon or proceedin8. �-_�-
<br /> could resuit in forfeito�e of the Property ur oth��'��'�terially impair tbe lien created by this Secuzity Instnsment or � -
<br /> - Lender's security interest. Borrower may cure such a defauit and reinstate,as provided in paraBraPh�8•by causing the actian �.
<br /> vr proceeding to f�dismissed with a culing that.in Lender's good faith detertnination,pteeludes forfeiture of the Borrower:s ; � _
<br /> - inter�st in the Property or other materiai impaitment'of the lien cceated by this Security lnstrument or Lender's securiry , :_ =-
<br /> incerest. Borrower shall also'be ia defau�t if Borrower, during the loan application process. Lave materialty fake ar ��i./�;_
<br /> inaccurate information or statements to Lender lor faited ta provide Lendet with anY materia!infotmation)in canneclion with .: , ' __
<br /> the toas� evidenced by the Note. inciuding, but not limited to,representatiorts conceming Beaower's uccupancy of the , Ff._,,,_=_
<br /> .}' praperty�a principal tesidence. If this Security In-ttrumene is an a leasehold.Bormwer yhal!comply witb all the provisionc �.I . _,,_
<br /> -`' af the lease. If Bouower�cquires fee title to the Property.the teasehold and the fee[itte slrall not merge untesti Lender agrees '{, }�`
<br /> ' �._ $. .' to the merger in writing. ' •' '�-
<br /> y, Protection ot Lendee's Rights in the Praperty. 1f Borrower fails to perFortn the covenant�s and agreemertts �,_.�,.�..:
<br /> contained in this Security In.strument.ar there is a legal proreeding that may significantly ai'fect Leader� rights in the ���r :_
<br /> � - property lsuch as a pra�eedin�in bankruptcy.ptobaie.for wndemnation or forfeiture or to enforce laws or regulations),then ����,:_-
<br /> , Lender m� do and pay fae«katever is necessary to pmtect the vatue of the ProQeny and Lenderi�S r��men�a r�a�ng �'j'�'�`�'���-
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<br /> • '� Lxnder's actions may inctude paying any sums seeure�f by a lien�hicA has priertt} over this Secun y PP�" - .
<br /> �•, �':��� '� in court,paying reasonable attomeg�y f�s and entering on the Property to rnake repairs.Although Lender may take acuan ..:
<br /> `.r•�`�° undcr this ra h 7.Lendet dces not bave to da sa. ''� ' `�
<br /> �1f��� • � ' �� Any amoun p dixhuned by Lender under this paragraph 7 Si�,:�become addhional debt af Borrower�,ecured by eh:� _ ;
<br /> • Security Instrument. Unless Borcower and Lender a�rsee ta other terms af paymen�the�e amounts shall bear inte�est fram the
<br /> �' date af disbunement at the Note rate and+hall br pa�aBte,with interetit,upan aotice from l.ender ta Borroaer requesting '
<br /> . � .�
<br /> • payment. �• -
<br /> � i: g, Mortgage Insuranee. If Lender reyuired mortgage intiurance ati a condition of making the taan 5ecvred by this
<br /> "`•` 5ecurity Instrument.Barrower�hall pay the premiumti required ta mainiuin the martgagc insurance in effret. Ii'.for any . _
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<br /> � - �?r :�;�:'� � reason�the mon�:�ge insurance cover.sge reyuirec3 by l.ender lapse+ ��r cea�ey to be in effect, 8aaoc�er �h�l� pay the �:
<br /> ' '''���_��`'����� premiums reyuired tq,obtain caveruge +ubtitantiaily �uivalent u� the m��rtgagc in�urancc prcvinu�ty in effec� at a cost . �
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<br /> ` ..r .., subtitantialty equivalGpt_W the cost ta Baaower of ihe mortg��gc in�unince pret ioa:Ey in cffect.from an alterRa?e mvrtgage
<br /> 1 t". . `� ''' intiurer appraved by l.ender. lf yubstantiapy equivalznt mortgage intiurance cin era;e ir n��t av.►ilable.8arra��°sh�ll pay ta J..,�: �.:�. � -
<br /> Lender each momh��um eyual to�ne-twelfih of the yearly mortgage in�urance prrmium 1r;ing paid by Bcrrower when the � c;;!__
<br /> ��, insurrnce coverage lap.�ed��r cea.ed to bc in effcct. L�nder wiil a:upt.u.e and retam thc.e{�iyments�.y;�loss reserve in[ieu.
<br /> - r'��'`� of mortgage in�ur.►nce. Loss re�ervc paymcntti may no!nn_t��e rrNuirc�i.at the optiim of l.ender, if martgage imuran�: . .
<br /> . an in.urcr roved by Lcnder t�gain heenrr.Vs �
<br /> ' �.��=�'�;.�p� coverage(in the aniount and far thc peri�Hl that Lrndcr rcyuir-�r pro��dcd by �PP •
<br /> �'�� .��. �vailable and iti obtaincd.Ba*rwvrr�hall pay Ihc premium�r;;quired to m;�inta�a mti�ngagr imurs+nce in cffect,or to pn�vide a it - , ,
<br /> _`_��':-.�s�,� : tokr reservc,until thc recquiremcnt for mortga�c in�ur.snce cr.d�iR zccordancc�►ii:�any a•rittrn agrcement beta•een 8orrowcr � ,
<br /> • � and l.cnder or applirabSc taw. •
<br /> • „%: ' . ` 9. lnspectinn. Lender or it�agent may makc roas�m:,f�'c cr::ricy upnn:md in.pectic�n���f'the Properly. Lenefer tihall ` ,
<br /> '-�'�� •- - , givc Borr�tvcr noticc at thc�imc of or pric�r tu an impcction tiprc"s��ing rratiunahlr cau.r fur tl�r in.pcctiun.
<br /> • :;�•,�.,. . 10. Cundemnation. Thc prucccd,uf any aµard ur claim far damugc�.dimct in run.r��ucnuai.in catimcctiun with any f .
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