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<br /> _=-�=:.-�.�fr.��+�.' periads�hut Lender rcquires. The insurunce caRier providing Ihe inxurunce xholl be chuun hy HnROwer�uMja:t�a 4enderk F==�-„�.�
<br /> upproval which Rhall not t�c unrcusonably withhcld. If Barrowcr fuils�n maintain covcruge dcycrfbeJ utwve.l.ender mry,n� _
<br /> _ ._ �,,. . L.enderk option,aMAin cuverage ta protec�Lenderk righ�s in�he Propeny in ncrnrdanre wi�h purug�Aph 7.
<br /> � �`s� All insuronce palic�es und renewalti shull be ucceptuble lo Lender und nhul)include u Ktandunl murtgugr rluuxe. Lender
<br /> .-',�, ' ^"'"`'"'" shall have thc right to hold Iha paNcics und�enewalx. If L�nder reyuitrc,Borrowcr r�hull pn�mpUy givc to l.cndcr ull reccipl� �_•a-,��,�.--
<br /> '�ti '!i�' � ,;� .., , of paid premiums and renewal notices. In tl�e event uf losx,Bortowcr xhull gi�e pm�npt naUce tu�hc in�urwice currier and �=-�� = ��
<br /> r^•�•�.'�;�. Lender. Lender muy make pmuf of loxx if not made prompqy by Sormwcr. ----
<br /> _ '_. _._.,....... , , a�— ---_.
<br /> ;�,�;:.� +�, •�'. . Unless Lender and Borrower otherwise aEree in writing.inzur.uice pnxecJ,�hc+ll 1►e npplicd�a rc,lurutiun ur r�puir af � -=- �°---
<br /> ��'� ', :.� the Pr rt duma ed, if ihc restara�ian or� air is econamicall fenxible und Lender+ .cruriiy ia mx Ic+�encd. If ihe
<br /> ,���.�.�y : � � Y � p y•
<br /> '+x .��. � '°'� . msto�et on or repuir ix �ot economicnlly feusible ar Lender's secu�Uy would be IcsxcneJ, thc in�u�unre prcx:red� xhull be _ __
<br /> �:���;�:;�,;' . `;�° ' applied to the xumw secured by Ihis Security Instrument, whether or na then due, with uny exce.r+puid �o Burrower. If
<br />��.�t,,.,;_; ,,,. „� Botrower ubandons Ihe Prapeny,ot dnec rx�t un�wer within 3Q dayti u naticc from Lender thot �he in�uruncc carrier hus __
<br /> ��:_,,;;....; , offercd to seple a clnim,then Lendcr may callect ehe in+urance prarced.r•. Lender muy utic the pr�xccds to repuir or restore �,,.___�_,
<br /> '.��:��' �' the Property or to pay sums xecured by thi�Secutity Inc�nimem,whelher ar not�hen due. The;Il�day periad will tx:gin when _
<br /> j�" . . --•: _ . the nodce is gi�en. ��.-_ .-
<br />£ �' �'�'%i'+b• � Untesx Lender and Born+wer dhen��i�e ngree in w�i�ing, uny upplicution of proceedz tu principul xhull not extend or 'n`'-_
<br /> '�e_.s_�.;:;h�j ...�_ � -
<br />���r '.. , _ � • po�tpone the du�date of'the mcxuhly payments rete�red to in parugrupha 1 unJ 2 ur�hu��ge ILc.u��uuut�f zhc�aytttcttts. If -_=-----
<br /> ,� �� •�'�" r'' � ' uc�d¢r parag�ap� 21 the Property is ucquired by Lender, Bortower 4 ngM ta Any insurunce policler and proceedx resulting
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<br /> y;.,t .;.,��,:�•-- • from damage ro the Property pcior to the acquisition shnll�pass to Lender ta the extent of the sumx xecurcd by this Secunty ��,:,.,�_�, rn
<br /> ,,,�., .: �f'`� �� Ins�rument immedintely p�iar to thexq uisitian. e°i'�•
<br /> �4' � �.��s�' 6. Occupancy, PreservAtion. Malntmance aod Proteclion oP the Property: Bor�ower'� I.oAO Applkattom. �;-_,�_
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<br />,;,- .: - - -� l.caseholds. Barrower shall orcupy,e�tublish,ancl uu:the Pmpeny as Borrower's pr�n�.�pul residence within sixfy doys nfter ,3..���, -----
<br /> .�� � ' . the execution of this Security Ins�r u m e n t u n d s h u l l c o n t i n u e to�xcupy the Property us Borroweri:princi pul rexidence for ut �%a�e��-`-_
<br /> f: �� 5,;.�,;;, .. least ane year After the datc of occupAncy, unless Lender whenvi.r•e agrecti in writing, which consent shall na be �,�n.,`�.�`
<br /> � :��"��`' unreasonably withheld,or unless extenuutingcircumytunces exis�which ure 6eyond Borrower's control. Bartower shull not +��''`� ��"�
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<br />;• , � de4t�oy,damage or impuir�he Property.allow the Propeny to deteriarutc,ar commit wu.te on the Property. Borrower sholl +:•',r��;`.=-r�-,
<br /> � ' be in dePAUU if Any forfeiwre ucUan or procceding,whether civil or criminul,is begun Ihut in Lenders gaod fuith judgmem -�"'�'—'""``-�'
<br /> � � � � . c�uld resuit in forl'�Nure of the Propeny or aherwise materiully impuir the lien creuted by tbis Security lnsttumenl or '��.�A�;�+..
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<br /> � Lender's secudty intere�t. Borrower muy cure such u defuult And�einstute,as provided in pArugruph 1 ti,by cuusing the ac�ion
<br />; . � •� � , �,�, or proceeding w be dismisaed wiih a ruling thut,in Lenderk gex�d Puith detertninudon,precludex fnrfeiwre of the Borrower S „����L•
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<br /> interest in the Praperty or o�her mu�eriul impairmen� of the lien creuted by this Security Inslrument or Lendere security Lt;�-�
<br /> � ^ �•: interest. BoROwer shull also be in defnull if Borrower, during the loun upplicutian praces�, gAVe mater�ully false or ___;:'u
<br /> � , ° „ � inuccurn�e iaforrr�ution or s�utements to Lender lor fuiled to provide Lender wi�h any mu�eriul informution)in cannecticm wi�h ,,.:�;s,i;
<br /> the loun evidenced by the Nate, including,but not limi�ed to, repretientntions concerning Borrower�uccupuncy of the �►���
<br /> • - '" Properly u+u pri�KiNdl ie;idcttcc. !f ttli:;Srcutity lnsirument ix on a lc:s.,ehold.9orrower s4tall comply with rll the pr�vixlons ���-��.�.�.':_..
<br /> '•;}�;;�';',1•.�_ �� nf the Icusc. If Barrower ucyuireq fee�itle ta ihe Propcny,the Icatiehold und the fee ti�le shull nut merge unleax Lender aFreex �<<?:'•�=
<br /> '`� `•'�:,�`�' ro the mer er in writin ��`°``
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<br /> �'`� 7. P�Mection oP I.ender's Rights in the Property. If Borrower fails ro perfonn the covenants und ugreements `. r�y�� �,. _
<br /> • " . contained in �hir Securi�y Insttvment, or there ix a Iegul prace�ding tha� muy significundy affect Lender's rightc in the , �•,"1''. _._.
<br /> • p mperty(surh ati a proc:eedin g in bunkruptey.prohate,far condemnution or forieitun:or to enforce luwti or regulations),then '�_�=r �*=��.;
<br /> ' Lendcr muy do und puy for whn�ever ir neccssury to pmlec��he vulue of the Propeny und Lender's rightti in the Propeny. •
<br /> Lender's ucti��ns muy include p�iying uny tiums securcJ By u lien which hu+prioriry over ihis Security Instrument.appeuring �',�, ,
<br /> , in court,paying reu�unuhle u��omeys'fees und entcring on the F'ro�xrty ta muke repuirs. Al�hough Lender may take uclion - ..�•
<br /> ., ' undcr this pnrngruph 7,Lcndcr dcx+nut huve�o do sn. -����� _^
<br /> ' Any amounlx di�huned by Lcndcr undcr this puragraph 7+hull Ixcomc additinnal Jcbt of Borrowrr secured by Ihis -°� �--,
<br /> ' • Securily Inswmcnt. Unlex,Borrnwer und Lcndcr ugree t�othcr tcrnix uf paymenl.�hr,r unuwnts s ha l l b ear intercst fmm t he
<br /> date of dishuncmem ut the Nole rmc and xhull t►c puyublc,with intcresb up�m no�icc I'rom Lcnder to Bonower requesting . . . ;�;�
<br />�� pnyment. • °:
<br /> , 8. Mort�age Insurunre. If Lrnder myuircJ mongugc in.urancc us u conJitinn of muking the loan ticrured by this :-*��•• �,.•,•�,--�
<br /> - . Securily Instrument,Borcawer xhall puy thr premium+requireJ lu moinluin the mort�uge inxurunce in effect. If, for nny l; � ;°;�, .,.,
<br /> reution. Ux� niortguge intiurunce coveragc rcyuimd by LenJer Ic�p+c. or ceu:c. to 1,� in effect. Burtower xhull pny �he ,
<br /> � prcmiums reyuired la ohtain coveruge +ubsluntiully eyuivalent I�i thr nx�n�!u�r insurancr previouvly in effect, ut a cost �*"
<br /> � '�;�'` ' substunliully eyuivulent to�he co�t w Borrowcr of thr monEuEr inwrunce previuu.ly in�t�fert,from un altemute morlguge
<br />' insurer approvcd by Lender. It'.uhs�un�ially cyuivulent m��ngugr in.ururxc covrrage i.not avuiluble.BoROwcr shull pay to ��;�,��;.��: _
<br />� Lender euch monlh a sum eyuul ta one-twclfih of Ihr ycarly roun�;age inwrunce prrmium hcing p•rid by Borrower when the =
<br /> ° insurunce coverage Wps�d or ceaxed�o tx in el'f'ert. Lendcr will iircrpt.u,e:mJ rrtain�hesc puymrnt.a�a lotix re,erve in lieu .•,��
<br /> - , of mongagr insurarxc. Los.rrxervr puyment�muy no longcr i►c requind, ut thr option �►f Lendrr, if murtguge insurunce �-•� -:—
<br /> �,•;,� .. � � coveruge(in the amount und for the Fxrial thut Lcndcr r�yuirc,)pr�widrd hy un in+urcr upproved by�Lender uguin becomes ..r-��,.�,���,�.
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<br /> uvailabk und is obtuined.Borsnwrr tihall p�y thc premium+rcyuimcl lo maintuin mongage in.urancc in effect,or to providr u ;.. .. ;•;�r .�
<br /> ;�I. �� loxs re�ervc,until the reyuirrmenl f'or moilgu�r in.uramrr ends in uecordunrr��ith uny wriuen u�!rcement txlwrrn Bom�wer �"� � � ��`t°.:
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<br /> ,� and Lendcr or upplicuble luw. � , �
<br /> ..;.� +,�' 9. InspecNon� Lcndrr ar ih a�;cnt rnay mukc rcu,unublc cmrie�upun:inJ ii�.�xrtiun+uf thc Pruperty. LcnJrr.hall
<br /> . , give Burcowcr notice.0 thr limr M�or prior to an in��xc�iun,�xcilying rru,unnhlr rau.�li�r�hc in��xrtian. �
<br /> . , 10. CondemaMion. Thc pr�xecd.ot'any award ur claim fur d,un:�geti.Jinrt ur ron,cyuenticd.in connrrtiun wilh uny `
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