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<br /> � : 'i1n�aecx aWriK�eg d�e i�ur�shat�a�c cl�nsen bY B��er sub.►ax to c.asders- . �
<br /> ,: perioJs d�at tabder�ti�. �ritf�heid. I8 8ar�ower fails to�n�imaie coverage describad abnve.Lmde�ai�Y.u
<br /> al which s6�U eat be umnsan�blY W� �. �
<br /> - __�� • � �re�a��ri n�o�ect Leaderg ri�s in the Ptoptrt=Y ia accoldaoce �
<br /> _ - , �aesa�ed�tea�wais�ialtbc - �Macdmaaga��laus�.[.end�et ---__ ---_
<br /> Al!incuc�c�Pd� gprtower sdaU proroptlY give to L.ender�iax���
<br /> st�aU i�ave the dght to hotd thc policies and rtatwals. If I.ender ceqt�ims• v notice ta thc insivance�riee and.
<br /> of i�uns aod tenewat uot�as. �In the eveni of Ioss.BarsovYer stial�Ei e Pr°mP� _
<br /> 1�c�ndes may make Pmof af loss if riot rt�ade p�ompdp by Bamwer. ,
<br /> m wnting.ircwrancc Pcoc�ds�shail6e applied to•resco�ation or.cepair of
<br /> � � Ua{esa I.eflder and&irm�rer at6en�rise a�re�e'. �s not lessened. I�the .
<br /> . �ptapCrty d�nasged,if tha testaatian ar t�e[aair�s econanicalty fe�cibte and Lendet's secutity ' �� -
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<br /> nestaation a�epa�r is nat ectx�anically.fe�k ar Lendes's se�,�uriry wa�t3lx tesser�ttr iasurantt :'
<br /> ,apptiod to ti�e sums secuitd 6y this SecuritY Insuume�.whetfx��r not tticm d�.with any eacess paid[o Bocarriet!s� �
<br /> Boaower ab�dorts the Pr'oP�nS+•or does nat�ns�ver wittun 3t3�s notice��r�rocp eeds to repair or restore
<br /> � ..offered to seule a claim.then Lender�co�lt.ect���w�a not ttirn dne. Tt�e 30-daY Penad will bepn when
<br /> . . �p�perty or to pay wms secu�ed by .
<br /> die noticc�s givea � • an I'�cation af pcocoeds to prine'�pa!shali not extend a.
<br /> Utdess l.ender�od Barruwet vtherwise agree in writing. y� 1 and 2 or cl�ange the aawwnt oi the paxments. lf
<br /> _ postpone the duc date of dte monthlY WYments trfeRed ta tn parrgr�phs res�ilting .
<br /> -= . � w�der puagrrpA 21 the PrapertY is x4��.�1!l.ender.Bortawer's right to any insur.+nnce policies aud p�ocads
<br /> -- from dazmge t�the Ptoperty P�ior t°��9��nuon shali pass to l.ender to the exunt of the sums xcured byF this SqcaritY
<br /> , insqument immediacely prior tu the scquisition. �� P��,� BacroRe�'s La�n Apptta�:
<br /> :� p�,es�rvatioa. Maiatawate�aed Ftvtection
<br />��;:- �e�w r shali acrupy.establish.aad use the PmPercY as Bormwer's principal t�esidence within sixty days after
<br /> -�. t and shal!continue.tn occupy the AroPatY as B°R°wer's pti�ipal residerce for at
<br /> — tl�e execvtion of this SecuritY In� unkss Lerdec ott�e�w�se agrees in writing. which ca�ent sl�aU not tie
<br />�'-�'_ least ane Yeaf aftsr the date of occapancY,.
<br /> -_-- unteasc�nabtY w�thh�b.°��k�'s eatepuatin8 ctncumstances exist which are beyand Borr�nwer's contmL Bonower shall not -
<br />-_ � , destray.dacnage or impair tf�e,PrupenY.
<br /> aUaw the PropenY to de[eriorate,or cammit waste on the Propecty. Barower shall
<br />- 6e in default if any fafeiture actia►or Pmceeda'&W�r�►vil or crimuu�l.►s begun ti�at in l.ender's goad faith Judgr�ent
<br /> � could cesutt in forfeiture of the Propeny a otberwise materially impair the lien created by this Security Instrument a
<br /> � ].ender's security interes� Bomnwer may cure such a defauit and reinstate,as provided in pataBrdPh 18•by cau�ing the.act�on
<br /> or praceeding to 6e di.m�issed with�rulin$tha�in i.ender's good faith determination.pce�ludes forfeiture of the Borrower's
<br />--- - inteiest in the Propercy or other materi�f impaim�ent of the tiea createQ by tbis Security Insmrme�nY���tt S fatse oryr -
<br />' interes� Bomnwe�'s6a11 also be in default if Bomower.during the toan applicatioa pracess. S Y .
<br />-- ` inaccurate information or statcmenu to L.ender(or failed to provide Lencier with any material information►in connecnon with
<br /> i:�_ tations wncemiog Borrower's occupancy of 8�e
<br /> ' = the toan evid�:nced liy the i�ute. inc[udin�. but not Gmited to.c�p�+esen
<br />��,I�;. •,f �` prope�ty as a prir�cipal residence. If this Security instrument is on a leasehotd,Borrower+hall compty witti all the provesions .
<br /> °'` of the lease. If Borm�er:uA��res fee titte to the Pioperty.the leasehold nnd the fee utte shaU aat merge unless L.euder a�sees_,._
<br />`:r`. � ' to the merger in v��ritiag.
<br /> ` - s �, protat;uo ot l.ender's Rights in We PropertY If Barrower fails to perform the covenanu and agr�'��;,
<br />. '�": - . contained in.this Security Instn►men�or thece�a tegal proee�ding d�at may significandy uffect Leadec's• righ�c in tRe. . .'
<br />_ � P►�eity(such as a praceed'mg in bankruptcy.p�e.for candtmnation or forfeiture or ta enforce taws or regulat�ans?.then --
<br /> , _, �l: �r.S�may do and pay for wfiateve�is necessary to prote�K�e value of the Praperty and Lender's rights in the A'openy - --
<br /> i,�.�r:s a c t i o ns ma y include paying any sums secured by a tien wfiicfi has prioriry over�:s Security Ir�strumen�.appearing —� __.
<br /> � in court,paying reasanabl:attomeys fees ahd eiitering an t he P r a p e rt y t o m a k e r e p a i n.�i t h o u g h L e nder ma y take action i,�._
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<br /> . �; - u n d'e r t h i�p a r a g r a ph l.l.endcr does ncrt have ce�ua so. - - <..,
<br /> . , Any amounts disbursed by Lender unde��tis paragraph 7 shall become a d ditiona!d e b t o f B o r r ower secured b y this
<br /> - �y lastrument. Unless Borrower and Lencier agree to ather terms of payment,these amounts shatl bear interest from the � ' ..
<br /> d a te e`d i s b u r s e m e n t a t the Note rate:md ahalt bc p�yab2e,with interest,upan notice from l.ender to Barrower requesting ,��,�,,_
<br /> . i , pa}��t. . -..
<br /> , . . - 8; Mortgage l�surance• lf Lender required martgage insurance ac a condiiiaa of making the loan xecurcd by chis
<br /> • • Security lnstrumen�Barrawer shall�pay the¢r�ns ri ua�ecl'�p eti oT�e.�he�to b��e in eifectn Bonower sh 11�paY he - ,..-:_
<br /> �� �� reasan, the mortgage insurnnce coverage re�.;:: Y P` �' ,
<br />� °'_ p��;�ms required to obtain caver.�e �ubsta.:.ca11y eyuivatent to the manguge imurance previously in cffect. at a cost . _
<br /> .� su�s.antially equivalent to thc co.�to Bonawer of�he morrcagc insurance prcviously in effcct.from An sittcrnate mdre��ge •__�=
<br /> �- irts�:rec upproved by l.ender. lf tiubstantially equivalent rrtot.;age in5urttnce coverage i�nat available.Barrower sha16�tv , _-
<br /> �;;� Lertder each rna-r!�a cum eynal to ane-twclfih oi the yearl}•criortgage insurance prcmium being paid by 8orrower wt�the �' ; � _
<br /> � i n s u r a n c e c o v e e a�e•,l a p s e d or ceased ta be in effect. l.endcr will acecpt.utie and retain these payments as a loss reserve in lieu :� , _�;_
<br /> , '...`t ' of mortgage in4�rancc. Loss reservc paymcnts may nn tnn,er b e reyui r r d.,a t t h e o p t i o n o f L e n d e r. i f m a n g a g e i nsurance -
<br /> , • `•- caverage(in fhe amaunt and for the period that l.ender requiscy3'provided 65•�n inzurer uppr��ved by l.ender agam becomes �, ;
<br /> • _ avAilable and is abtai Tc•B�°ent for mortga�e�iasu a ce e:,j:.'.�eactorda�...�,w'tth an}a rittcn agrcemcnt between Barrsuer , • ,
<br /> " '�-._ Ios.ti resenr,until thc y
<br /> ' ��''�"•=+ and Lender ar applicable Inw.
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<br /> -� •�°r-r ? 9, lnspectiun. L.endet ar it�iigent m:�,-^°�ake rea�oa:tble�ntrie4 ugon and intipectian��+f thc Property. Lender�hali
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<br /> - - `�=�;_i;,,y;�.�. _. give Horrower notice at the lime of ar prior tc�:e:�i7�p���ion�NeciCying reasanable cause for the intipection.
<br /> ,: ;�.. 10 Condemnation. 'IThe prueeeds�f a�y award crr ets�^�far damages,direet or ronaeyuemial.in cannection uith any
<br /> .� _ Singlc Famity••Faenk StaNFnAAie�ta�c("`IFtIR�11�tiTNl'1ft%T--1'niLmu t'nvcn:uuy 9f9s �p�t1�:;!�:;u�ec� `"
<br /> z..�.;= � I�t�M t:�ee Hu+Iaa+f'urrt�,llK� ��;�
<br />- . ' �'�:^' � 7��IrtdT Ialt IdfU(1:n'1�9(t'A7[1 VA1l 61699141:11 �
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