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<br /> ��...,��,;•,;�,.�;s periads�hut Lender requirea. Thc inyurance caRier pmviding�hc insur�ncc nhull bc cha.ren by Burn►wcr huhjcct tn lxnde��
<br /> �_���� appmval which shall not be unreaconably withAeld. It Bortowc�fAilr�o muintain cove�uge de.rcribcd abavc.l.cnJer may,a�
<br /> --= �;;�� � Leeder4 optfon,a6tuin cuvcrage to prmect l.ende rk�ghtR in�he Pro�r:�in uccordancc with piwgroph 7.
<br /> �="+ s .� ;, All ingura�x;e pollclex nnd renewulx xlwll be �ccepteble to Lcndcr und xh�ll includc u�wndard mc►rtguge claube. Lender
<br /> .�'� �+� 6 ahpll havc the right ta hold�he policies and renewals. If Lendcr reyuirea.Bom�wc�rhall pmmptly givc to Lender ull rcceipta
<br /> .�f '`''� `�+' " '' of paid premlum�and renew�l notices. In ihe event af luss,Bam�wer xhull give prumpt notice to the inruranre carier und
<br /> �_y ;�. � .�,.'�A i Lender. Lender may make praof'of loss if not made promptly by Borrower. `
<br /> _vy�{,yw.��q Unictis Lender and Borrowcr otherwi5c ngree in w�i�ing, in�urancc pmrecds tihall he applicd tn rex�orution ur repair of
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<br /> , �;;: �he rty dumaged, if the re�torntian ar rep:�ir ix economicully fesu�ible w�d I.enderw�rcu�ly is nut lersened. If lhe
<br /> ����-��' , rcvtorAt�ion or repair is not ecanomicully feasible ar l.ender's security would bc lessencd,thc inxurunce pracceds shull be
<br /> ��:••���{�"'•'��••;�� applied to the sums secured by Ihis Securily InKtrument.whether or not then due. wi�h uny exces, paid to Bortower. If
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<br /> a',�es�.r.• ;::•� Bortower abandons the Property,or dcex not answe�within 3U day+ u natice from I.ender�hat Ihe insurance carrier has
<br /> �;�X,,�,�._: offered to senle a claim,then Lender may collxt the mcurancc pmceeds. Lender mny use the praceeds�o repair or rectore
<br /> Ihe Pnoperty or to pay sums securcd by this Secnrity In�trument,whether or not then due. The 3Q-clAy period will tiegin whsn
<br /> - . • �he notice is given. — -
<br /> • Unless Lender s►nnd Borrower otherwise agree in writing,uny npplicntion af proceeds to principal shall not extend or
<br /> _ - �.,::>;` .: . • postpone thc due date of Ihe monthly payments eeferred to in pamsruphs I and 2 or chnngc the amount of the paymenta. If
<br /> ~.��'l;};�!;;;•,r:;:�� :4.<,;' under para�aph 21 the Proprrty is acquired by Lender. Borrower's nght to any insurnnce policies and proceeds resulting
<br /> '��'��i'`�'"`'`'' � ''"'{'"' from damu e to ti�e Pro n riur to the ac ui�itian shaU acc to Lender to�he extem�f�hc snmx secured by this Security �•-
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<br />;' (. fi:, �::��'�"�T` Instiument immediately priar to�he ucquisitian.
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<br /> l'��'•�`'' � �� �'�^ Preservatlon, MAintetu�nce and Protection of the Praperty; Borrower's I.os�o Applicatioo: j�:
<br />:�:::u+�,��+,;a,�.}-.�;, �,�'��.,� 6. Occupancy. ��_
<br /> "l��'�:�;:�s�'s� S�,�Fi''�� ` l,es�.ceholda. Borrower shull accupy,estAbUsh,and use the Pi'openy as Borrawer�s principal�esidence wilhin sixt�days after
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<br /> ,r. �•`c'}yjj^'.:x�'�+,t•:^<'�.`�•,l t• the executian of this Secudt Instrument and zhall continue ta accupy the Pmpnrty aa Bu�sower?s principul rcsidence for at
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<br />;i��� ,. �: •��r�:�-:•:>,,:! lea,t ane yeur ufler the date of occupancy, unless Lender olherwise agrees in writin�, which consent shall not be �-
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<br /> r,,,,,,;����. unreasonably withheld,or unless extenuating circumstunces exist which nre beyond Bomnwer's control. Borrower sha nat __
<br />"_,}; , :� �''"��� � destroy,dumuge or impair the Property,ullow ihe Property�o deteriora�e,or commit wuste on the Propeny. Borrower�hull _� Y
<br /> ,,r, •' �.���; � be in default if any farFeiture action ar proceeding,whether civil or criminul, is hegun thut in I.ender+good faith judgment
<br /> � � could rcsult in forfeiture of the Property or otherwise muterially impair the lien creuted by �hix Security lnstrument or �
<br /> , � � LenderR security interegt. Barrower muy cure such u default und reinatule,u�provided in parugruph IR,by cuusing�he action
<br /> ' :k' or procecding to be dixmiz�d with a ruling thut, in l.enderk gcwd fui�h detern�inutian,pmcludcv 1'orfci�ure of Ihe Bormwcr's
<br />- � ' •� Inte�e�l in �he Property ar other mu�erial imp�irment��f'�he lien createJ My �hi�Scrurily Intitrument ar l.ender� :�ccurity
<br /> :4,'� . � imcrcsi. Barmwer nhull olui Ix� in de(uult If Borrowrr, dudng �hc lonn upplicuiion prcxc�x, guve mu�criully fultie ��r �;:__
<br /> •�'' � ° inuccuruie inPurmu�iun or.�utementw in Lender I�+r fuiled to provide Lender with uny m:�tcriul iMiirmutiunl in conneciicm with
<br /> - the luun eviJrnced hy Ihe Nrne, including. but not limited to, reprrxen�uiiunx cuncemin�t Hurrower:ixcupuncy of�he _
<br /> __ _'�"_-_�:L�+�Y.. Property us u Qrincipul rexidencr. If�his Seruri�y Imtrumen�ix on u Ieu�cholJ, Burruwer xhall rnmply wi�h all�hr provisiunx
<br /> ' '� � * of�hc k•r,e. If Bnrrower ucyuire.r fec�idc�o thc Pmpcny,the lea.r•eh�ld and thr 1'ec title.r•hull no�mcrgc uNess Lender ngrces
<br /> •� . ° . ta Ihe merger in writing. ___
<br /> � •�•• ?. Protectbn oP l.ender'.s Ri�hta in Ihe Property. If Bom►wer fuil+ �o perform the cuvenunts and agreemcnts ,�;
<br /> ., coMuined in thi+ Seruriry Inwtrument, or therc is u kgul proceeding thut may signi�canUy uffect Lenderi rights in �he '
<br /> , .. Pmpeny(such Lw u pr�xeeding in bankruptcy,probate.for con demna�ion or fo r leiture or to en fixce lu ws o r r eg u l n t i o n s l.t h e n �`
<br /> . � ' Lender muy do an d pay i'or w h•rtever is necc++ury tc►pro tec t t he va lur o f�he P r o p e n y u n d L e n d e r's ri g h t ti i n t h e P r o p e n y. ��-
<br /> Lender�uclions muy include puying i+ny wms secured by a lien which has priority over this Security lnsirument,oppeuring �e �.
<br /> ' �� b;f";,n�''' III Cuurt,paying reu.onable uttomey.s'feex und�ntcring on the Propcny to make Rpairs.Althaugh LenJer may �uke ac�ion __�
<br /> . �- � .,, under this parngroph 7.Lender daes not have lacln+o. --
<br /> - ' My amountx disbuned by Lendcr under[his paragruph 7 zhall become uddilionul debt of Bortower secured by this e�5-==-
<br /> • � ' Securily Instrument. Unleh.Bonawer und Lrnder ugree to other termti oi puyment,these amoun�s shull bcur interest from�he
<br /> � � dnte of disliuncment ut Ihe Note rale and shutl he puynhle,wilh interest,upon naice from l.ender�o Borrower reyuesting � •I j
<br /> M . • puyment. ���.
<br /> Y , � S, MortRage Insuranee. U'L�nder rcyuired mortgage insurunce ati u c�mJitiun ni'muking�he luan xecured by�his ��--
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<br /> � ''�,'�'' Securiry Inxtn�ment. Borrower xhall pay thc premiums reyuircJ to maintuin the martguge insurunce in effect. lf. for any �'"-_�
<br /> �� reuson,the mortgage insurance cover+ge reyuircd by Leixler lap�es or cec�xes �o he in eifert. Borrower ,hall pay the =_
<br /> •° premiums reyuireJ to oMuin roverugr +ubst:ntially eyuivalrm to �he munEugr insurunce pteviously in et'fert,at a cost
<br />--- �• • "� substantiully eyuivulent to�he cost to B�irniwcr af the mnnguge imurance prrviuu�ly in effect.from un alternnte mongAge
<br /> insurer npproved by Lendcr. If subs�s�ntiully eyuivalem mimguge in+urunce caveruge i.not iivniluble. Borrower shAll pay to e_
<br /> ° � Lender euch month a tium eyuul ta anr•twelt'th uf the yeurly mongugr imurance premium being paid by Bonower when�he �
<br /> insursmce roveruge lupsed or ceused to Ix in rf(eci. Lendrr will nrrept,u.e:md re�ain these puymem+us u lo�s rcserve in lieu @,tn
<br /> '. �;,.,�, of mortguge inxurunce, Loss rescrvc puymcnts muy no Innger be myuircd,ut Ihe upti�m of Lender, if morlgugc insurunce --
<br /> • coverage (in the umount nnd for the periad thui Lender rcyuirrsl provideJ hy un in,urer iipproved by Lendcr uguin hecomer ��-'=
<br /> � available and is nb�uincd.Borrowcr.hvll puy�hc pr�miumx rcyuirrd lu muinlain munga�e intiurancc in cffect,or to provide u .�
<br /> loss reserve,until the nyuirement for mortgage inxuruncr rndti in urcorJunce u�ith uny wriuen ugreemrnt hetween 8orrower �w ,
<br /> . . , und Lendcr or applicaBle law. '
<br /> 9. lnspeclfon. Lender or it�•r�ent ma�•mukr rcayunaBle rnlric.up��n anJ in,Exrtium of the Pra�rty. Lendrr shull
<br /> give Borrower notirc ut th�timc ot'�tt prior to�n inxpertion.�x;cifying rea.�muhlc ruu.r lix�he im�xrtion. � .
<br /> � 11. Cundemnation. Thc pr�KC�J,��I'uny :iN:u�J ur rlaim t'ur damarr..�lirrci�,r r„mcyucntiul.in cunncr�ion with uny � .
<br />' tiingle Fumih-•F4anieH��Ntl�cddk��1�l�IF(►N!N IVK'1'RI'NP:�T••l�nd��m�t'����iwui�. 4/y11 ya�er t,qrr��.¢rv
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