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<br /> f ���s - . . t --�- . , � ;. : .` � �arrower sahja:i m Lender's .
<br /> s paiods tt�l.eerder nxNu►�. The imura�ce rarrin P�'�°B the u�w�atk'e slial!6e ahosen by •bed abave.Lei�fe�may.at ; , .
<br /> - -------- �- ;.` ��hich a�ti e�be urneasuosbt v�rithl�eld.°If'Baat�at�fails ta mAintain cpver�Ee descn �
<br /> --,A.�,
<br /> _ � ._—_ .--- - - -___.
<br /> s�y obtairt cove�age to . —
<br /> ag
<br /> � . �ir�s�oce ppticies�d te�w�i�s6ai16e xcept�ble co Leader und shaq inctude u stand�mortg�aLendet�l�iectip��: .
<br /> s6ali have tite ri�M co ta{d ttie policies aad re�iew�is. Ii�ender mluires.8anuwer rieall prumP�t�r E►
<br /> . of p�id pnmiums��w��� IA��eveat of Ioss.Bfxrower s�taU givr prampt nohcY to the insur.�ru:e ca�sr and� . .
<br /> �� ��ay m�c,p�oof of ioss if not m�de promptlY 6Y B°n'°wer.
<br /> m wn�n in5urance proceed�rhall be apptied to restc�ratian or repa�of
<br /> Unl�s 1.eodu aod Sarower odxrwise ag�. •S 8•.
<br /> � - :�e prnpRty damaged,if die restorrtion ar iepafr is ecaa�n�catly f�aaild be Ie�s��S�,���ap��shalt�be
<br /> �esiaation ar rep�ir u nat��y fsasibk oc Lender's sacuritg
<br /> . apptied to the s�ans savred bY tbis SaaatY lnsuument..wAethcr ar na then dae.with any excess paid�to Bom�u►er. if
<br /> ��,a���p�Ry,a does not answrcr wiUtin 30 days a notice from[xnder that tfie msurance carrier has
<br /> ��r�y us�t}�e proceeds to rcpait or cestar .
<br /> offeted to seute a efaun,tt�ea l.ender maY colkct ehe inwrance proceeds- riod will begin w'hen ,
<br /> . . . ihe PraperiY°�t°Wy sums secu�ed bY this Securieyr tnstrument.wGett►ec or not then due. The 30�daY Pe
<br /> tl�e no6cr is givea in writinS.anY�PPlication o€pracecds�ta principal shall nat e�ctend or
<br /> U����°w�°�� s t�nd 2 or change the arraunt of ttie payrr�ents. !f _�T-
<br /> p�p��due date af the monthiY payments rcfemed to in puagraph� resultin '
<br /> � ��d�r pazag�aph 21 tlse Pr+opeRY is ac9uued ti}!i,��der.Borroto Ler�r ro the ext nt of the stums+ccured b�y�S��Y
<br />-.. , hom darnage to the Pcopenp Pnar to the acquis�pai shall pass
<br />-= Ins�ttneut imma�atelY Pnor w the acquisition. g�ro�rer"s I.oan Applicatian: _
<br />_:� - - 6, Occopa�c9. p�rvatiaA, Maietaeaece And Protediaa of tbe P�oper�Y: , �-. - _
<br /> " — lxuehold+. Borroarer shall accuPY•est2bl�sh.and use the P�tiperry as S�orrower s Qn����wer's principa!residence for at =--
<br />_� � t h e e x a v t i a o of this Sec�iri ty Instnunent and st�all contiaue to occupy �rtY �"—•
<br /> �� a� in writing. w t uc h cons�t st�all na be ��—
<br /> - least one Yqr afcer the dace of oocupancY. w�less t-�� �-==-
<br /> cm�vmstances ex�st wtuch a�e beyand Borrower's contro{. Bo�rower shali not ���_
<br /> ;` unteasoaabty widtheld.or untess extenuating to deceriorate.or commit waste on the ProPertY- Borrower sfiaif�. �_-_
<br /> - , destmy.damaSe or impair the PbpertY:atIow the PmpenY --
<br /> X}- , be in default if aay forfe�tu�e action or proceeding.whedxr civl or criini��Iten created�byLenders's�g�fl�suumen�i or —=
<br />."i:, could resutt in forfziture of the PropectY or otherwise materialty impa"u . 18,by caasiag the action �v�;��=-
<br /> �` • (xndet's security interest. Bo�wet t►tay cu�e su t fi a d e fau t t a n d r e�n s t a t e.a s p r o v i d e c l in para g r a P h � h a,� �,
<br /> ` . to be dismissed with a iuling tI�,m��r s good fai�l►detemuaation.precludes fodeiture of the Borrower's . 4� ,
<br />;;fiii: _� � °rF1'°°-°°�°g the den created by this Secw�ty Irxctrument or Lender'�recwntY �'�_"?:
<br /> �{;;; - • in��t m ihe property or other material impairment of ave materiall false or s:. ;W. =--
<br />`+'4};��, i
<br /> in�eres� Horrower shall also be in default if Bocrower. during the toan application process.g Y . y._,_•�,. -
<br /> , rw.: .,
<br />� � inaccurate istformation or statements to Lender(or faited to provide Lender with any material infom�ation)in connecucm wi ,�`A . �
<br /> �� +�-`� the toan evidenced by the Note, including. but not limited to, representations concemiag Bortower's occupancy �f 1he ,�..�. ._
<br /> ��:]-.�-: ,`,�
<br /> •:;:�; property as a principal residence. If ttiis Security lastrument is on a leasehold.Bmrower shall comply�vith aU the provisions - _
<br /> �" of the tease. If Bocrower acquims fee[iQe to the Property.the leasehold and the fee titfe shall nat merge unless Lender ag[ees ; �_
<br /> ••�.�:
<br /> ' to the merger in writing. ' _.
<br /> .;�: ?.' p��et�on ut i,eader's Rights in the Property. If Borrower fails to perForm the covenantS and �greements #�{�,"___
<br /> - }Y 3 J..`..
<br /> • eontained in this Security Instrumen�.or there is.a legal praceeding ihat may tiignficantly affect Lendec's rights m the �•�- �•
<br /> � property(such as a proceeding in banktuptcy.pro6�te.for candemnation or forfe�tcm or ta enfocr.e laws or�u he�p•►he� '�. �.. •. .
<br /> �`�' � Lender may do and pay for whatever is necessary to pratect the value af the Property and l.ender's righ Penl'• .��:`:'.:,_
<br /> �,,;: • . -� :
<br />�,:.::.�;_, Lender's�ctions may include paying anY sums secured by a lien�yhich has priarity over this 5ecurity Instrument,appeanng �.--� %,,;
<br /> , in coort.paying reasonabte attomeys'fees and entering on the Praperty to make repairs.Altt►ough l.ender may take action ,
<br /> � � •t•:
<br /> ' ., under this paragraph 7.Lender dces not have ta da so. =
<br /> • - Any amount.r• disbur�ed hy l.ender under this paragraph 7 tihall become ad�itionll debt of Barrower secured by tius �,�� •
<br /> Sacurity Inswment. Untess Barrower and Lender agrce to ather terms nf payment.theye amaunts shall bear intereyt from the 1-:_
<br /> date of disbursement at thc Note rate and shall be payable.�vitb interest.upan notice from L.ender to Borrower reyuesting �
<br /> • , ��': -,'.•=.�:
<br /> �_,;:� PaYment.
<br /> • .x:�_, g, Martgaqe legurance• 1f Le�det required moAgage in.�urance a�a condition of making thc laan�ecumd by this
<br /> ' Security Instrument.Borrower shall pay the premium.r reNuired to maintain the mongage i�i�urance in effect. if. for�ny
<br /> ' °r'� ,y�`�, reASan. the mortgage insarance caverage required by Lender lapreti or cease� ta t�e in e�'fect. 8orrower shaU pay the
<br /> premiums required to obtain coverage substantially equiv.dent tu the martg��ge intiurance previously in effect. t►1 a cost +
<br /> ' J�}:,.:� yubstantialty equivalent to the cast tu Borrower of the mortgage inyurance prcviou�ly in effec�from an a[cemate martgage
<br />, „� . ���"�: ' . � insurer approved by l.endcr. If sub�tantialty cquivalcnt mangage intiurance ca�•eragc i+nUt aYailable.Borrciwer rhall pay to . �, `�
<br /> � Lender each monlh a�+um equal tn at�e-tweifth af the yeariy munguge insurance premium 6eicF�paid by Barrower whea the ,;;r:'
<br /> ' insurance coverage lap�ed or cen.ted co be in ef'fec�. l.ender�vill accept.u.e und ret.iin these pa}'ment���a lasti reyerve i�e Ei:u
<br /> ",�f`:";:.
<br /> . � oF inartgage insurance. Losz reserve payments may no tonger t+�reyuired..0 the aption ctif Lrnder,ii martgage insucance , ". __
<br /> ' cover�ge(in the Amount and far thc peaod that Lcnck7 mi�uirc�)pru�idcd b}•an in.urrr apprnved by 1_cnder ugain bccUmes '_'.�,;t`
<br /> �, ^ av.iilahfe und is��btaine�t.8�now•er yhall pay the premium�reyuircd ta maimain mungage imurance in rffcct.or to provide a ;;'.• , .t;
<br /> ;, _ '`: :,,:t:;;
<br /> • �y �• lass reserve,un�il the re quin�»tent fnr mungage in�ur.�ncc ends in aca�rdance wi�h any�vritun agnement betwecn 8urmwer , ,
<br /> 'r. .. •.., , Y�i�r', . ;�,'it?,
<br /> •''�'��:�%�4�� undLcaderm.ipplicablclaw. ' '.
<br /> . ,�'�ir�.l:r� � , .� . ,
<br /> 9. lnspectioh. L.r.nder ur itr�igem m�y makr rea�unabM cmric�upui�;uid in�pcctium��P the Prapcny. lsndcr+hall r. ,
<br /> ':t': -+A'�"""=:'•� . i��c Barrowcr noticc at thc time of ur prior u�an intipcctii�n��cif?•ing rearunahtc eau,c fur Ihc impcclion. E
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<br /> 10 ConQem�u:tn. Thc pr��cccJ�af any award��r cl;mn for dam��c�.dircct ur cuntiryurmial.in cunnection wit :�ny
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<br /> r�. . .*c tiin�:k Fu,roty..innnic�tae irrAdle S1ac U�tY!►(t�t l\STRi�tE�'1"-•I ndonu['otirnaw. 9.�J0 �p��ce.f.�/�,�n�.r.�
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