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<br /> � ����. �e�e c�e��n,e�mr�oe�u�e a�tiy �
<br /> ' a,ppravat�hi�ch sd�JT aa 6e un�a�a61y�itNrcld. If Bamwer fa�ls to aFaiM�in correca8e d�ed above.L�nda rasy,ac
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<br /> All iasivauocx pplicie.c aod isnewals sh�1i 6e�cteplabk to L.ender sod s6at1 iaclude s standard mortg�tge ctau.s�7.eoder.. . _,.__
<br /> shall have tl�e right to hold the policies�ad mnewals. if l.ender requiras.Borfiwes sha11�ranP�Y 8�va w Lender�1!�sceipts
<br /> . o f p u d�iums�nd te a e w�rot�ce.s. In t1��+ent of loss.Aorrowcr shall give prompt naice to the insurs�ce cxsrier amd `: �
<br /> Lender. Lender may make poof of loss if�wt made p�romptly by Bamwa. � � • ,
<br /> shail be to iestoiation or ttpair of
<br /> • Qnkss L�erder and Bortower othetwise ag�oe in wnting,insur.�ncc pmceeds aPP1�
<br /> the prtipe�ty d�nagcd.if the itstoratian ar�is ecatonupliy feasibte snd t.eader's sccurity is aot.tessa� If tbe
<br /> ns�atiat or ttpsir is dot ecoaomicaltX,feasible ar Lender's secvrity waald 6e Iessenad.the instira�xe proceeds s6�U be.
<br /> ' applied to the sums secured by this Sa�suuiry Inst:ume^_►.,wt�etlter or not ttxR due.witlt�►y excess paid m Barowu. If
<br /> Bonower ab�ndons the FropeRy.or does not aaswet within 34 days`a aatice hom Le�ider that the iUSUrarx�e Cazrier has
<br /> offereci to settie a ciaim.then l.�ndst may colkcc the inswance p�aceeds- Lsoder may use the p�oceeds Eo cepair or raoo�e
<br /> ti�e_progerty a to pay s�ms secwed by ttds Sec�uity instrm�ent,whett�er or not ttxn due. The 30-dap paiod will begin whrn -
<br /> - the tatice is givea.
<br />' Unkss Lender and Borrower ott�wise agree in arriting,any applicatioa of proceeds to principal sha(t not exttnd ot
<br /> postpone the due date of the monthlY payments tefened to in paragraphs!arHi 2 or cUange the amouat of the payments. ff
<br /> under paragraph 21 the_Pmpe�ty is acquiced by Lender:Bortcwer�nght to any insurar�poGcies and pmceeds raulting
<br />-_ frnm dart�ga to dpe I�nopeiey prior to the acquisiaon shaU pass to L.ender to thc eatent of the sums sec�usd by tl�is Sahrrity
<br /> - btspummt immediately p�icK to the acquisition. --
<br /> 6. Oeeap�ocy, Preservatia�. :Haiateasnce ant! Po^otect�oa oi t6e Prnpettg; Sarrower's f.a� Apptiatios; -- -
<br /> . Lp�se�. B�rower shall occupy,establisl�,and�se the Pmperty as Bomuwer's principal residence with�_sixty days a�. _----
<br />--:- the eaecuGon of thic Secarity Inslnuneat and st�all caatinue tu avcapy the Propetty as Botmwer's PnnciPal�bdwc�C,f�� ' --_--
<br />:;z;_ least ana-year after tt�e date of accupancy. unless ix�der �t�rwi�e agmes in writing, which coase�-�iL:�v€.'i� �_•�
<br /> w�nasona6ly withheld,or ia�iless eztenuating c�o�ces exist which are beyond Borrower�s coamol. Soms�siv��t ��__-
<br />�,�': desuoy.damage nr impaii$�Propertl!,allow the Prnperty to de[eriorate.or rammit waste on the Ptoperty..Bortu�4�si'r.�11 --�__
<br /> � 6e in defaWt if any forfeitmti actia�a¢�raceed'mg.whether civil or criminal�is begun that in I.ender's good faiW;'�_ � -
<br /> t' '. �,"` could resudt irt forfeitute of the��ry or otherwise matecially impair the lien c�+eated by this Securiry Instn.s�..�ec• �''�� '--
<br /> im �
<br /> r-. �. Lender's serurity intenest. Borrow�a�y cure such a default and reinsu�te,as prorided in paragraPh 18,by causutg the��' �
<br /> _ .� ':�.u c prdceeAiug t o b e d i s m i s s e d w ft h a rl'�tha t,in Lender's good faitb detertnination,precludes forfeiture of�tbe Sarrow�'r�
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<br /> . �=-°'�: :� .. . _ intenst in the Ptoperty or other ma:�rial impairmeat of the lien eteated by this Secunty Instrument'or I.eic�ei��s'secusity - � _ `,;�---�.
<br /> rial
<br /> ' _ � ..r�.; .' �� interes� Borrower shall also be i��:fault if Borrower. during the toan application process. gave materially false or . _ ._..��_
<br />. ��,.�; , inaccurate infoimarion or statemenis ra[�nder(or faited to provide Lender with any materiai infortnation)in connecaon�c�: �,'_�:��a:
<br /> -:�-�,�-�c .__ .. =:.z-� r;
<br /> , , .;;.,-�s:. _ _, the loan evidenced hy the Note, iesci�.r;.-ng.6ut not limited to.�+epresentations concemmg Borrower's occupancy of':.r. "�*:.:+�,.,`,�_
<br /> , ' .'.'. ` � • '.Praperty as a principal c�idence. If this Security lnstrument is on a[easehold:Borrower shall comply with all the prav�s.s'^�s :. _ --�_
<br /> . t�'�h+_..r.: � . a
<br /> .- :T.f•� . �.of the lease. If Borrnw�a..�u'sres fee tide to the Property.the leaseftold ind�e f�title shall not merge unless i.ender�grees -"�.'- r`�
<br /> ` � l` ..:i�;,,. 'to the merger in writin� ., ;, � 1' :t,-�
<br /> ;tt,. - =�'•=1 : "?`: • 7. Peotection of f.eader's RighW in the Pra�erty. If��iwer faits to perfortn the co�reqanis and agreeme�.'s . ; _T.'..
<br />`. ���� . ,� .. :' contained is this Security Insuument or there is a iegal proce�irg that may significantly affect Leadei's rights.in che „�.r,-�. :
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<br /> �• � ' pe y{s+�r h as a �n in b r o b a t e,f o r c o n d e m a a t i o n o r f o ff e i t u re a r[o e n f c s_:�..l a w s o r r e g u t a t i o n s)�, .:,;,;,.i ,
<br /> �.-?�r��;�.,��:�' : Lendet may do and pay for whatever is necessary to protect the value of the Property and 1.�:,.�r's right�i.�the Pru�-' - :�'
<br /> "�;��;. `'. ' Lender's actions may include paying any sums secumd by a lien which has priority over this 5ecvrity Insu-ai,.e�t,appearing • .
<br /> ` � ���•' ''t��� � in coart. n reasonable attom c fees and enterin on the Pro to make re irs Althou Lender� take acuon �:,���.- �
<br />� - .,��,�� P� E �Y•� s PenY Pa '• S h `�' -
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<br /> ` •� ��:,: : •��� under this paragraph 7,I.ender dces not have ta do so. , , � •���.��,
<br /> � ' ''_ • My amounts disbursed 6y Lender under this paragraph 7 shall become additional debt of Borrower secured by this • �
<br /> '� 4. �'�'. :._,r. �. '";; �
<br /> � �,. , . Security Insuumen�. Unless Barrower and i.cnder agrec to other termti of payment,these amounts shal!be�r interest from the ::�-
<br /> �.�•, date of disbursement at the Note rate and ahall be payable.with interest,upon rtotice i'rom Lender to Borrower res�uesting , ��,.`�_-:t:
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<br /> - '..`j'�'- p 8. Mortgpge Isset�ce. If Lender required rto»gage insur.u�ce as a co^Kition of making the loan secumd by this ���'
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<br /> � - ' 5ecuriry Instrument.Becro;uer shall pay the premiumti required to maintain t!*e moRgage insurance in effecK. (f,for any , =�+..•
<br /> 1�� •.,� _/! _ - . . ' � •-
<br /> �,��;.,:.�.::.,- reason. the mortgage insUrance ca���e reqwred by I.ender 6�tic or ceasec to be in effect. Bortower shall pay cF�:-:.
<br />:�•;';;. ' - •- -->::` � premiums required to obtain covera�„yubstantially equivaleirt���e mortgage incurunce previously in effect.at a r_criz. �� :�5;•" ~
<br />• , �-s��r, _'�.�:� suhstantlally equivaler.t to the cost to Sarrower af the martgage insurance previoacly in effect,from an alter.iate mongage� : ;a�
<br /> ,�,,,. ..�: iasurer approved by�,�-,3er. Tf substantially eyuivatent mortgage imurance wverage is not available.Horrc::��shall pay to , �__°'
<br /> Lender each manth a�:a equal ta,ane-Iwelftl�of the yearly martgage insurance premium being paid by Bom;;�er when the � <<�+�---
<br /> • ;;�'. ; � �::�— _
<br /> . k, insurance coverage ta�:d ar ceased to be in effect. l.cnder will accept.ure and retain these payments as a tosa reserve in lieu s�--��-�_-.
<br /> �. .. '� �-�v�t:�, af mortgag�insurance. Lass reser�•e payments may nn longcr be reyuired.at the��ption nf l.endcr.if mortgage insurance • :.�.ti�.t�,+?i�;r.�:: :
<br /> �`��v�.�{�r>: caverage(in Ihe ama�..:c and for ihe p�:s�d Uwt Lendcr requires)provided by un ia�urer approvcd by Lender agam becomes , .>�r,.'�z.�
<br /> �T,,�_��! ,,,,,,t; .
<br /> •..,,_. �..., .� . ttvailable and is obta'�.$artawer shal)pay the premiums reyuired to maintaim m�ngagc insurance in eiferG or to provide a
<br /> • •=};�'���=�:=�:.�` •. losv resecve.until the ca;u;�ement fvr mortgage insurance end�in accardance w�th any wriuen agreement between 8arrawer � � , ,. ,
<br /> • ��r.:. . .`r - ; attd l.ettdet ot:�pplic��!�•�v. � ��;,
<br />` • '` " �" � 4. Inspeetion. 'F.:ender or its agent may make reasonable entricy upon zr.�in.pections of the Praperty. L.ender shall t`.
<br /> '' give Bunower notice st the time of or prior to an insprciion spccifyc��rcaws�ab�e esiuse f�c thc iacpectiun. ' "' ,,
<br /> "• �� ' 10. Condtmnation. The proceedti of an�a h ard or claim`c:damage�,direc�or ron�ryuenlial.in conneclion with�::, , +,�
<br /> - - � � - � .; � _-,-,l�.ii�;�;'; .
<br /> , . SinglcFamtty..Yynak�tar.SreddkStncCtilYl)NS1I�STRI"�11sYi'--I-m(urmCuvcnam. 9i901pog��ujhpagrci ,.
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