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<br /> '��-�.A��.��.• periodx thnt(.ender requfrea. The insurunce currier providing ihe inrurancr nhull l,e ch�nen hy Barrower r,ubject to Lender's
<br /> ��`��`�`����_=-±� upproval which►hull na1 be unreosonubly withheld. If Barmwcr 1'uilx w maintuin covcmge descrihed ubove.Lender mt+y.at
<br /> '""'q"T"''•� Lender R option,abtuin coveroge�a protect Lender's rights in the Pr ny in nccordance wilh pa�uAruph 7.
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<br /> ��-r•����� All incumace policiex und renewol�shuli be ucceptuMe to Lxn er and sholl incluck u��unelaM moAguge clau�e. Lender
<br /> ��':ti�i��,iui�,`�'%.s� shall havc�he right to hold the palicles and renewulx. If Lender reyuin�s,Borrower�hull pmmptl)�give ta l.e�dc�s�li receipts
<br /> � '�';' "'���� af paid premlums nnd renewul naticeti, In�hc evcrn af laxv. NaRowcr shull give prc�ntp�notice to�he insumna cumer and
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<br /> �r-,;� ,.��?'� Lender. Lender may muke praof of losc ff not mude promp�ly by soRawer.
<br /> , , .: .:::�. . . ._. ... Unless Lender and Borcower nthenvfse agrec in w�lir��,innur�ncc pnxeed��hall be uppUed�o rcstorution or repuir of
<br /> L '-�'°`'�""`� the Praperty damuged, if the rextomdon or repuir iR eronomKUlly feu+ible und L.endcrr rccurily in nul lessened. If the �-•_ -------
<br /> '� •'�' '��'��"�'�� �• restamtMn or repair is nnl economicully fen.gfble c►r La:nder�xecurity wc�uld be lessened,the inxuronce praceeds shall 6e
<br /> � '" �� ''• `" upplied la �he sumR tiecured hy this Security Inrlrument,whether or not theo due, wilh uny excesti puid to Borrower. If
<br /> y�+'�^�f;;��`:�'`^' Borrower abandan� the Pro�rty. or dces not unswer within 30 dny,u nrnice fmm Lender �hu� �he inxurance currier hus
<br /> � offered lo retllv u cluim,then Lender muy collect the fnv�an►nce pruceeds. Lender mc►y una the pmceedr; to repair or restore
<br /> --�, ,..;.:,= . ,�.�,`� the PrapeR�r or to pay Rums secured by this Security Instrument,whether or not�hen due. The:�11•day period will begin when
<br /> � 1 �:a_.:,,¢•�,�;�%:5+;. the notice is given. _. ,
<br /> Unlesc L4nder und Bonower othrrv�i,e agree in writing,;u�y appliraliun af pr�xreds to principai tihal] nut exlend ar
<br /> __.,� `" ""�`�``� ,`'�-� �stpone the due date af the mon.t,{y payments rcfcrred to in p:irug�aph� I und?or chnnge the umuunt uf di�payn�nt,. �t ° _-- -
<br /> {���"•�'� '' under ara �n h�I �he Pm n is ac uired b Leide�.Bormwcr's ri ht m nn in+orunre licies nnd resulting :�ti.:
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<br /> -�^}� �•��f��.-��,�,.'.: , ��•.�... iiom dam��ge[o�he Prn�rty priur io ihe ucyuiritinn shall pasx to Lender ro tbe exte�t of th� cuma secured by ttus Security �.,
<br /> � ' � ' ��` � Instrument immediat�ly prior�a�he acquisiliun. ___.
<br /> ::;� � � `��' � �'�`;;•' 6. Qccupency. PreservpUon. Maintenance and Protectlnn of the Propeny; Bono�ver's I.00n Appllcwtlon; ___
<br /> �?:.:�' M�� l,epseholda. Bnrrnwer shall dccupy.eatubliRh,und use the Propetty us Borrowerc pnncipnl rc.idence within sixry days ufter �,,:,-
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<br /> • •- ,�+��L� thc execution ai lhis Security lnstnxnenc and ahall continue to occupy Ihe Praperty'ac Borrower�principul�esidence for at j.. v
<br /> ,,� 1�,�� ' � least one year utter the date of occupancy, unl��ss Lender othenvitie agreeh in writing, which consem shull nol be �s�:�:,��
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<br /> �• . ;.�;;.•,..;;.,,,,;; unrea.¢onably withheld,ar unleas eatenuating circumstances exi4t which are beyond Bonower s control. 9orrower sha11 nat �,;_�=-
<br /> ''"�'�,' destroy,damage or impair the Piraptmt uUow the PropcnY ta deteriorate.or commit watite an Ihe Property. Borcawer shall �- �
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<br /> ��',;,�fj,i;��::y•� be in defuult if any forfeiture r�cctian or proceeding,whettier civil or criminal, is Negun thut in Lcnderk good taith judgment �,�,�=T__���
<br /> ••° could result in forfeiture of the Prnperry or othenvise muterially impair the lien creuted by Ihis Security Instrument or �y_,�
<br /> Lender:security interest. Bartawer ms+y cure such a defuult und reinxtate,us provided in parugruph 1 A,hy causinLe the uction ,1'r��s�;•,
<br /> ' or proceeding to be dismissed with u ruling that,in I.ender's good fuilh determinuti�m,precludes farieiture af the Borrower's y,���Y�;���'_r,
<br /> imerest in the Propeny or other muteriul impuirment of the lien created by this Security Imtrument or Letderk�ecurity ,�.,..u:�.�
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<br /> ' interetit. [iorrower shull ulxo Ix: in dcfuult if Borrower, during the loon applicution proce,s, gave matenully fulse ar ii.,.;�„y: _
<br /> ' � � • inaccumte information or stutements to Lender(or fuiled lo provide Lender with any materiul informalion 1 in conneclion with • ,;,��,,..._:-
<br /> Ihe loan evidenced by the Note, including, but nol limiled lo. �epresentatians cancerning Borrower+accupancy of the •'�:�°~•
<br /> property us a principul residence. If�Bis Securiry Imuurnen�iti on u leasehald.Borrawer shnll comply with ull�he provisions ,f�?'4 '�' -
<br /> -- - •
<br /> -- , :' - of�i�e ieuse. i i 8urruwnr tuyuire,fec t�tk to thc Property,the le:esehnld nnd thr fee title�hnll n�r merve unless Lender asrees �Ylfi',y_,;_.:_�:'__,
<br /> to the mergcr in writing. s��`��_�-
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<br /> ' " 7. Proteclion oP I.ender's Ritqhts in the Properly. If Borruwer fuil� to perfortn thc covenun�s ;�nd agreemen�s ��s•��,.�;�_-
<br /> ° • contAined in this Security Instrumenl, or there iz u Iegol proceeding �hat muy significantly uffert l.ender;rights in the �o::--
<br />� • � property(.uch u�u praeeding in hankruptcy,probate,t iir randemnution or forfeiwre or to enforce luws ar regulation,l,then �.��--.�_
<br /> , .. „ . Lendrr muy do nnd pay far whatever i.neres�ury ta rrntra the valuc of thc Property and Lcixlrr:ri�hi. in�h•:Propeny. ' ,•��
<br /> . Lender's vc�ion�may inrlude puying any sum�,ecurcd by a lien which ha.priori�y over this Scrurity Imirurnent.appeanng L
<br /> � In cuun,puying reu�onuble attomeys'fee�und enterin�at Ihe Pmpeny to make repuir.ti. Although Lender may taMe actitx� �x,.,:�—_.
<br /> ' � under this p•rragrnph 7,Lender dixx not huve to do tio. "�'�?''"__
<br /> ' Any umoums disbuned by Lender under thi.paragruph 7 <hull becomc udditianal debt of Borrower cccured by this �••�+�-� =�'„f�^
<br /> Security Inslrument. Unless Borrowcr c+nd Lcndrr ugrce�o��ther term.of puyment,thc,e amountx shnU bear interest from the _�`•-
<br /> ' • date of disbuncmcnt u� the Note rute und xh•rU hr pryaMe, with intere+t,upon notire fmm Lendcr�o Borrower requesting � ""' "LL�• __
<br /> � , " payment. ;:." . :;�_..
<br /> S. Morfgage In�urance. If Lender reyuired mungu�te insurunce u,a condition oi'making Ihe loan recured by this ';��• �•-`.
<br /> `' Security In�rument. Borruwer shall puy the preniium� myuired Io maintain the mnrt u�e intiurunce in effecl, If,for any =S`-�c':=�'''
<br /> reason, t he mort�u � imurunce covrru e r e u i rc d h Lr n Je r l a .r s o r r r a.e. t u I x in r f F c r�• R o r r o w e r �h a l l u t h e !�i'''�s+°s's��i�
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<br /> � Fxemium� reyuimJ to obCrin cavera c xub.�amiull ri uiv:dent lo the mon u e in�urance eviou,l in effect,at :�cost `"��""-''� ��
<br /> F Y I FF Ix Y ,;i�.�' .,:'
<br /> "�`�Fr ' substan�iully�yuivulrnt to the cost tu Borrower of the nu�rt�:u�r in,urance previously in effrrt,from un alt�mute morigage � ""''�•�;�"-
<br /> ,«` , •.'� :` —.
<br /> , ��.�,..: ' insurerupproved by Lcnder. 11'suh�tan�iully cyuivalent murt�;agr in.ursmcc rnvera��i.no�availahle.Burmwcr tihall pav ta i,r �+•,--
<br /> �� Lender euch�nonlh u+um cyuul�u�mr-�wcltih ul thc ycarly mori�.�gr in.ur:mrr premium heinti puid hy Borrow�r���hrn the tz'�:;��;�.:
<br /> insurancc ruvcragc lupsed or ceu.ed to Ix in eflcrl. Lcn�kr��•ill iurrpl.ux and ntain�hr.e p:rvmrnl,a.u lii,.reticn•c in lieu ^ � .-�.,.
<br /> . � oF mortgc+ge insuranrc. Loss rr+crvc p�ymrnt.muy nu lun�er ix rryuind. +u Ihe opliun�d'Lcndcr.it'nwhgaFc in,urance .. �-.� --
<br /> •� • , coverage lin the umuum unJ titt Ihe�xriod Iliat Lrnikr rcyuire.l pru�idrd by am in.rurer nppruvcJ hy Lrthler uguin hc�come, ,
<br /> uvuiluble und is obtuined.Rnrrower.hall ptiy Ihc premi�im> reyuirccl 1��mainl:�in monga�r in.uranrr in�tTect.or to providr u '
<br /> „ lo.,reserve,umil thr rryuirement lur mortgugr insur,ince enJ.in accurdimrr��•i�h am•wri��en u�:rcrnk nt hrt��een Borrower '� . . :;�
<br /> . IIIU�Ll'llllCf OT 31�1�1IIC8ItIC I:1W. �� �
<br /> � . 9. InspeclM�n. LrnJrr�ir ii,a�rm m;ry makc rr:ni,nahl�cntri�ti upon:ind in.�xcti��n.ul thr Pm�rty. l.cnder.hall
<br /> • , Eivr Borrowcr naicr at thr timc�,f o�prior a>un in,�rtinn ,�xrif}ing rca,anuhlr cau,c tiir Ihc in,�xrlian.
<br />.-:, � , . 10. Condemnatfon. Thc rnkerd.of any.i�v;uJ ur rl:um ti�r�lam:ige..direc�ur cunxyurntial.in c��nnecticm with any �
<br /> SinpkRmiilv•-Faenie�todtleddiellncCllFOR�11\tilRl'\1EN'1'..l!mwm�l'u�rnum. '1i'�D r�++�r���Jo/uYeci �:
<br /> r.inn Lrn.xu�w�w r�mai�er ■ •
<br /> i�.IMhTIJII IriMl":IM193Ul.:t11�tl�i-7'q 1171
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