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<br /> (S. A�0!TM0�l�i7�.'."$OR�S�U.�EG�tbC 1i�EOV�S..00W CxiSf�D$-OC.�EIl�REkl110C[�d Q��IC- -..._,.
<br /> , pc�paty 3�c�agaiost Ioss by fire,harstds included withia tbe tecm'esteade�aoversigt"-aod any othu�ds,i�dadi�
<br /> tbods or 1loodina.,foc whic6 Lwder eoquizes insnrmoe.7tus iasaranoe sbatl b�msi�iaed iA thc�no�nts ana for ti�peeod�
<br /> � , tMt Lrnder ieqiuRS.�'Ne insuraoue curier pmviding tbc i�raooe sBaU bc c5osen by Bonfavvej subjeix ta I.eudu'.s 9pp�aral�
<br /> whidi sb�ll nat be�nceawn�bly withtield. If Bormwer fails w maiAtain covengt descdbed above,Leridtr may.�I�ender's
<br /> opdoe. a6tain cave�agt to protect iende�s rights in the Property ia socordance with paragrapb 7. . • - '
<br /> _ ._ .�.._ ..._.__.Ailiasunuor nalisi�s atid tenewals sha�l be acceptabte w l.ender and shall include a standa�d ma _ge ct�se: I.enda_ � T_ _ , _-.-
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<br /> stnll have ti�e tigbt.to hoid the policies and tenewaTs�f�n3er�mawu sTiali p Y&ve �nQ�t w r�p�°r—
<br /> psi�!premium,c aod rmrwat aotises.Iti tl�e evcnt of lo�s,8orrower st�all give pmmpt natice ta the insuraaa c�rrier�d T.ender.
<br /> l.eoder may make proof of ioss if not made prompdy by Barrower , , . : -
<br /> ftdess 1„ender uxl8oc�ower ot6ecwise agree ia writiag,insur�ce pmceeds s�all be applie�to restor�ton or rep�ir of tbe
<br /> proputy damaged,�if the mstorarion or repair is economically feasibte and i.ender's.security is not lesseneifi.If the rcscormion or '
<br /> t�epair is aot economically-f�isible or I�seder's seairiry would be lessened,tl�e insur.uice praceeds s1�116e aFP����
<br /> - � yy thu Secudtp tamument,whei6er or aat then due, with aay excess paid to Horrower. if Borrawa abamons tht
<br /> _- _ propeity,or does aoc answer within 30 days a notice from Lender that the insuran�ce carrier-t�as offetrd to s�tte a c1�m,thea
<br /> - Lsrder tnsy cailxt ti�e insurrnce proceods. Lender�may ase the pmcadS to repair or restore tke Praperty ar to pay sums _
<br />�-., , �_ securod Ay'this SocuritY Instnur�ent,wtkther or aot then due.TAe 30-day periad w�T6egin when the aotice is given.
<br /> -�� Unless Leader and Borrower ott�ecWrise agree in writinS, any agplicatiun o€p�eeds to principai sl�all not e�_ar
<br /> postpane the due date of tbe monthlY payments referned to.in paza�aphs ! a�sd 2 or d�ange the amouat of the paymems,if .
<br />_ - .undei paragriph Zt t(t�,P�tipenY�ts aaNired by L.ender,Borrower's right to siry i�nance policies and proceeds re.s�tlting from:
<br /> cl�nuge m the�t!tipeity.piiacto.�e acquisition shall pats�2a Lender to the eatent of Ute sums secar4d by this SecuritY Iasw��
<br /> ��=�- imtaediate►y prk�%'to:the:acquisiaon. ....,... �.� f_ . ;
<br /> • f. Ooca�Maey,'Prea�v�tlqa:;b�xiate�nce aod AsaotaQfon o[tiie P►vpert�;Bacraxea's�atn App1i�"�i6n;I.easciofds: . ` .
<br /> �establish 'aqd use the Property as Bocrower's princiPal resi�..'��withir��i?nY daYs after the executio�ttf,
<br /> Borrowec sball:oocupy, .: .
<br /> .. t � t aaid shaU continue to ocaa�py the Property as Borrower s�giit+cipal resf�ence for at I�t one ye�r aYser
<br /> 4his Sccuri fi�stiu�en
<br /> 9
<br /> - : the d�te of occupancy,'untes4 Isendcr otherwise agrees in writing,which cansea��il not be uaceasonably withheld.or untess
<br /> -, extenuating citcumstances exist which:ue 6eYund Barrower's contral. Borra�� shatl not destroy, dainage or impair the _
<br /> —_ property�aUow t5c Property to deteriar�tte, or commit wasce on the Property: Borrower shall be in default if any forfeiture
<br /> �_, action ar proceoding,whether civil or criminal. is begun that in Lender's good faith judgrnent could result in forfeiture of the _ -__
<br /> Propert�or otherwise�naterially impair the lien cteated by this Security Instnunent or I.ender's security interest.Borrower may. _
<br /> z. cure such a default and reinstate.as provided-in paragraph 18,by causing the action or procecding to be disrnissed with a niling �_ _
<br /> �° ' that,in Lendet's good faith detemunation, precla�es_forfeiture of the Ho�roweYs interest in the PropeRy ar other material �,�'
<br /> .�:��: • ,: • . _--_-
<br /> _ •.;.4 ;mpairnt�nt of ths IieA creatad by ihis Stxunry tastiumeat or Lender's security iaterest. Bomawer shall also be in default if --_
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<br /> Borrower,dudng the lasui app[ia►tiop pro�es.q,gave materially false or inaccarate itif�io3i c�s state�t�ents ta Lender(or failod
<br /> to provide l.ender with any material.infamiation)in connection with cti�loan evi�eneed by;he:�ote.including.but not limited •:- ��'
<br />- 4" to,repmsentations conceming Bormwer's(�ccupancy of the Prapeny as a princiPaY izsictence.tf this Secarity lnstrument is on a -
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<br /> Ieaschold. Botrower shati wm l .with $11 the provisions of the lease. [f Borr�wer acquires fec title to sfie Property. thc �r �•••�? �
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<br /> � , Ieaschold and the fce title shall not tt�c uNess I.ender agrces to�e mcrger in writing. �?=
<br /> _ � ' ��. 7.Protectlon o(I.ender's Rl�hts in the Property.If Rarrower.faits to pcdorm the covenants and agreemenu contained in • ,
<br /> ;� �•`" � , this 5ecutity lnstrument,ar there is a lesal pro�ci�ding that may significantly affecc Lender's rights in the Ptoperty (such as a : �� `.,_
<br /> }r �� -'i:� , p r c w c c c l ing in bsut ktuptcy.pro ba tc,for ca n demnu t ion ar farfciwre or to enfarce laws or re g nlations), then l,ender may dc►and - . .°�;._.
<br /> ; pay for whatever is nece.ssary w pcQtect the valuo nf.E�te PropcRy and Lender's sights in the Property.Lender's actians may �r .�_
<br /> includc paying uny sums secured by A lfen�whiett�:tras Q�iority ovcr.this Securiry Instrument. appearing in court. paying :_ ==.=
<br /> ,,.:.,•' rcasonable attame s'fees und enterin on the Pro� .rty�.w makc rcpai�s.Altho h t.ender ma takc action under this ara h ' =�`_���
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<br /> 7.I.cndcr docs nat havo to du so. ' �`"_ ; _ � _�:_:�_�
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<br /> -��y•� Any aaiuunt9 disburnal by l,endcr uild�c this paragraph 7.shaq bemme addiEianai debt of Bonower sccurcd by tTus �, ' � ,��,
<br /> ' '= "'� Sccurit Mstntmt;nt, Unlesa Hc►rrawer uacl:l,endcr agreeta ather tcrms of p�ymertt,chese amaunts shall bcau interest from the i<<: . � . r�
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<br /> - date of di�burseu�ent At tho Noto mta nnd xhull"bo pay.abic. with intcrest, upon n�tice fcam Lender ta Bonower reqaesting ' }t' . _-----
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<br /> ,- :_ payment. . • '"�3i��
<br /> � 8.Moetg�Re 1n.yuran�e.lf I.,crnier required�lwrt�e insurena:as a condition af making the taan secured by this Sec�rity ;,, ` . •
<br /> ' ! ln�trutncnt. &�rn�wcr xUull pay thc premittms rcyutrQd ta maintain thc mnrtgsigc insurancc in cffcct. lf, for any reasan. thc . •�+�=
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<br /> ..:i �,� .•-- -. nx�tlgs�gc inrutunec«�vcrsty',a ccqnircd by l.cndct lapsus nr ceas�w to bc In effccK.Bc�rrawcr�hall pay tho premiums required to . .
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<br /> `�-�:Y nbtain cnvcr�gc�ub�tuntially cquivcdcnt ec►the ctx�rtgsgc iasurunc�c prcviously in effcct,at a cost substantially cquivalent to the � �
<br /> . f.: -.�:
<br /> " . ��',i,�,�a. cu��t.���rruwer ui the m�+rtg�ge imur:tuce prcvie�usly in effect. fr��ni�n alternate martgage insurer appraved by t,endet. If _: . •
<br /> . ' . � �ubHun�ially cyuivalcnt murlgagc inrua►ncc cuvemgc i�aot uvs�ilablc.Bnrrowcr shull pay to l.cndcr c:irh month a sum equal to , "
<br /> ." ; � uncdwclfth af thc yearly m��ngugc in�ur.�ncc premium hcing paid by Bnrrawcr whcn thc insurancc covecage lapscd ar rcascd to ' '. `:��3' .
<br /> • he In e(fect. Lrn�er will t�ece�t,u�e.ind retain thcx paymenty ar a lv�r reserve in lleu nf mnrtgage insurance. Lass rescrve �_ _. _ __ ___ .
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