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<br /> --��'^'�=`- riods�that l.endet reyuircx. Thc inyun►nce cuRier praviding lhc inhuruncc,:hull hc choscn by Borrower xubject w L.enderR
<br /> _-;:.�'1�1>�7s�;Ii����'_ � --..
<br /> -� uppmvul which shall nat be unt�eu�onubly withheld, If Borrnwer foils Iu muintuin cuveruge descdl+ed above, L.ender may,at
<br /> � -��.,�--��,�•„�,-� . LetwkrK aption,obtain rnvtmgo la protect Lender r rightx in lhe Pm�xny in uccurdan�:e with prrogrnph 7.
<br /> rr.��k�• r All fmurunce pnliciev And renewalx shall be arcepmble lo Lender uixi ehall incluck u wlundard mo�g�ge clauxe. Lender
<br /> �..�.'�,,. ...
<br /> ahnll huve the right ta hald Iho pnlicien und Rnewals. If Lendcr nyuimx. Borrower shull p�romptly give to l.ender ull receipt4
<br /> dA ;•'"•�;" �:.;.•-� of paid premiums and renewal nalices. In�he evrm of la+r,Burruwer ahull yive prompt na�ice to�ha insumace carrier and --.
<br /> . +��.� .�c.._::s .
<br /> `,:�.i"• .•.,.;��.. Lender. Lender may mako pra►f of lo.s if not made pramp�ly by Bunower.
<br /> �f��d'�"-- Ut11C��+Le�IdCf 7Uld BOROwer�►Iherwi�e ug�e in writing,in�urancc prcK:ecd�c�hull be applied to restor�tion or repair of
<br /> ..r "� �-`� ihe Propeny damuged, if Iha re�torution ar repAir i�ecanomicully Ieusibte und Lender ti secunty is not lessened. If'the L-=- � -
<br /> �'`�"�'''�"�'�' rex�oratian or reprir is not ecanomicully feasible or Lender: securily would be lexrened,the insuronce proceeds shnll bt
<br /> _ ,";•� "' applied to the sumti �ecured by thi+ Securiry Inslrumem, whethcr ��r na then due, with any excesti paid to Borrower. !f
<br /> `�`!�*�;±'"�%>k'°� Borrower ubundons ihe PrapeAy,or doex not unswer wi�hin ;0 dayti u notice from L.ender thut the insurc�nce currier has ---
<br />-__A��' ' � ,°� offered to ce��le a rluim.�hon Lender muy collecl Ihe insurunce pwceeJx. Lender may use the proceeds to repair or restorc -
<br /> -..�. q. •" � �he Propeny or ta pay wms+ecured by this Security Instrument,whether or nut�hen due. 7'Ite 30-duy period will beBin when -�--
<br /> �`�. �. �he notire is given. �-�------- --
<br /> �.��•�� . .• :.,.: �:.L " . .......
<br />_.;����,;1;� Unless Lender and BoROwer o�herwixe ugree i�wri�ing, any uppliculion of procecds w principal shull not extend or =
<br /> �"-"' �'""'_. pu.iponc thc duc date of�hc monthly puymenl�referned�n in paragraphs I und 2 or change the amount of�he payments. If _�
<br /> `� o�.. under parugreph?I �he Pmprrty is ucyuired by Lender. BaRawer's nght lo nny insur+wce Ex�licies und proceeds resulting �-_--__ --
<br />.-,� • , from dumage to the Property pnar to the acquisirion shall pass tu Lender to the extent of the sums secured by thix Security -
<br /> - ° .• � Instrument immediately prior la the ucqu�si�ion. �___
<br />__. . , h.�:° 6. Occupancy� Pnse�vpNon. Maintenance And Prol�t{uu ot the Property: Borrower�s [.aAn Applicatlan; �:��---
<br /> - ' ' Leaseholds. Borrower,hnll accupy,est�blisB,and use�he Propeny as Borrower+principal residenec w•ithin sixry duys after
<br /> " `�, �' � ' Ihe execution of this Security In�trume�t und shall cuntfnue Io�xcupy the Propeny ati Bom�wet�}+sin.i�l recidence for su �
<br /> ' • " Icast one yeur ufter the dute of cecupuncy, unless Lender o�henvise ugrees in writing. µ•hirh ronsent shall not be �=-�.�,�o,
<br /> • .+ a unrcavonubly withheld,or unlesti extenuuting circumxtuix:rs exist which arc beyond BomoK•ert ccu�trol. 8orrower shall no� �:�
<br /> �� destroy,damuge ar impair the Propeny,ullow Ihc Propeny to deteriorate,or commit waste on the Ph�pett��. Bnrrower shall ���r,� _
<br /> ° be in default if any forfoiture actian or proceeding,whether civil ar criminul,is begun that in Lender�good fuith j�x�:m�nt ��-=•=-
<br /> " ' � ° could rerult in forfeitura of the Prvpeny or othenvise muteriully imp�+ir the lien created by Ihis Security In�wmeot ur =—=
<br /> Lende�4 security interest. Bormw•er mny cure surh u default und reinxlntc,as provided in paragrnph 18,by causing the u�tion �.����:i:;._
<br /> " ' ' � or proceeding to be dismissed wi�h u nding thn4 in Lender's good fui�h de�erminntion,pR�ludes forfeiturc�f the$ctimn�er 5 --- . --.-_.
<br /> . • interest in the Property or other mnteriul impairniem of the lien creuted by this Security Inxtrument or l.rntkrt securiry �*°«v''-
<br /> ^ interest. Borcower shull al:ea be in defoult if Borrawer, during the loan applicution pracess, ga�e materinlly fulse or �_-+'w:�°���_.
<br /> � .. inaccurate information or stptements to Lender(or fuiled to provide Lender with any materia!infamatian)in connection with �;,�t�__
<br /> � � • the laan evidenced b Ihe Nate, includin , but not limited to, re resentation� ��cemin Borrow•er� accu Anc oP the a'^'"•
<br /> Y R P F P Y � .,;c,+�.n°�_
<br /> • Propeny as a principul residence. If this Securi�y Inxuument ir on n lensehold,Bomower shull eompty a�ith ull the provisions ' �;::.�-
<br /> ;;. ,�;;;•4:. . of�he lease. if Borrowar acquires fee ti�ie w ti�e i'n�pcny.tix kasrhul3 wnd tix fCr li�ir.nuii iwI i�xi�i►nkss Lendcr agrces -- ==:.:' --
<br /> ' to the mergcr in writing. �'��3��.`~_
<br /> � „�.�;.�, , , 7. Pratectbn of I.ender's Rights in the Property. If BorroH�er f:►ils to pedorm the covrnants and agreements Y-�r�'°�°- _
<br /> ~ �. ' ' con�ained in this Securi�y Instrument, or thcre is u k�eul pra:eeding th:�t may sigmficandy affect Lende�'s rights in the � -.
<br /> °. ��' Propeny(sueh a�a proceeding in bankruptcy,prob•rte.Por rondemn�tion or forfeiwre or to enforee laws or regulutions►,then
<br /> � Lender muy do und pay for whatcver ix neccssury to protcct the vulue of the Propeny and Lender'.s rights in the PrupeRy. �`��°
<br /> i,�'"��,�.:_.;... -
<br /> �.:r., ., Lender's uctions muy include��•ing uny�umx secured by u lien which hu.�priority over this Securi�y Instrument,appearing ■��,,a�,,
<br /> � °� �� � � in court,puying mawnab!e auorneys'1'eeti and emering on tlk Proprny to make repairs. Although Lender may take uction �_-_ -
<br /> under this pan►gruph 7,Lender d��es not huvc to do,o, c�r_„
<br /> ' Any umoums dis6unced by l.ende�nnder thi. parugraph 7 ,hull Ixcume additionai �bt of Borrower secured by this . � �,��; -,:
<br /> . , Securily Instrument. Unle�.Barro���er unJ LenJcr agree to uttkr�crm+of p•ryment,the.e:unounts zhull beur interest from the ��;c.;��
<br /> ^ ' dale of disburuumern u�the Notc�tc und shull be payuble,with interest,upon notice irom Lender to Bomowrr reyuesting �►=��.ti�
<br /> ' ��,:--:-=__-
<br /> payment. �.j���„�
<br /> 8. MortRage Insuranec. If'Lendrr reyuired mungv�e imuruncr a, a ro�xiition�if muking the lo:m secured by this -.a.....
<br /> ., • �� ' Sccurity Instrument. Borrowcr,hull pay �hr prrmium. r�yuireJ tu maintuin the mortg•r�c in,urance in effect. If, fur uny �"�G�?��'.�
<br /> rea�on, the mongage in+urance coveruEr rryuircJ by LcnJer lapx. or rraxs lu be in effect, Borrower ,hall p•ry thr g`
<br /> �✓"���;�'�'�'� premium. reyuired to uMAin ee»•erage �ub�tuMially eyuiv;dent to the monga�r inwranrr prtviuusly in effect. at n cost (
<br /> ,.,.r ��, �.i:,a'.'r'_�,=,�,�
<br /> ,;, 'ti�}t:�}���' ����'`� subst�ntially equivulent to the crnt to Bnm�wer�if the monsag�in�uranre prcvii�usly in effert,from un altemute ma�tguge ��,
<br /> insurer a roved b Lender. If xub�tuntiull e uivulrm mu eage insurance covera�r is not uvuilable.Borrower shall u to ���'�i''��'-
<br /> Pp Y Y 4 �'C � p y =@.i�;'-�=—
<br /> �� L.ender euch momh •r.um eyuul w one-tweli'th ot'the yrurly murtca_�c in.urance premium being paid by Bortvwer whrn the �,-.__
<br /> ' .. inwrunce coveruge Iup�eJ or ceuud t�►tx�in rfl'rrl. Lendrr will arcepi.u�e and rctuin�he,r puyment,�u•r loti�reu•��e in lieu ���:�--=_.
<br /> B 8 P') Y 6 4 P g � �..._�,_
<br />= ��•� of mat u c insurutxe. l.o��rr.crvr .� ment. m� no lon�rr i+r rr uircd,at the ii tiun ui'Lendcr,if mort a e inyur,u�ce -.,.---.�_�.�,_
<br /> � coverage(in the�unounl und Pi�r�hc periai thul Lcnder nyuir�s)providrd by:ui inwrer uppruveJ by Lender ugain be�omes ""h'=�"°`''' -
<br /> ;,,:y�•, available and is obtuined.B��m���er.hall pay the premiwn.reyuircd w main[ain mongugr in+urunce in effect,ur to proe•ide u �
<br /> • � . ! lox�reserve,until the reyuirement for mungugr in.uruncr erni�in ucrordanc�with uny wriuen agrcrment betwern Borrower
<br /> ', '�. .,;' " . and Lrnder or applicahlc laa. ..
<br /> � � 9. Inspection. Lender or its agrnt mu�•mukr rca.unaMr rntrie� u��n anJ inspertion.��f'thc Pr�perty. Lender shs►II �•
<br /> give Borrowrr no�ire al th�timz oT i�r pnur tu an mcExctiun��cifying r�a�onahl�cau�r Fur the in.peciiun.
<br /> 10. Cundemnaliun. Thr pnxced�of am� aK:ird ur cl:�im fi�r Jumagc..Jirert nr cun.cyurntial,in ronn�ction w•ith:my .
<br /> � ',`.�''�:�' _ tiiogl.Fanuh •F'unnk�1ue�FYeddle�lur l'\IFl1R�t 1\tiTRI'�tE\T-•l�mtnrm l'a�ra.un. 4i40 i��er!�/��p�¢���i
<br /> � �+'.�t I.i�^�eu}inr.M F�mn.�n ■ �
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