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<br /> � Auo�os Aood�,i�x M6ic4 Le�der iequiRS iawr�eoe.T6is iaaneoe s6uU 6e mwanibad iu t6e amou�s ad fa tbe period� ,
<br /> �t Ldtder teqnitrs.Yt�e imara�oe a�ier Prorid�oE t6e insawooe�Ini!be dwsea by Bocrower wbject to La�d�x's�ppi�avil
<br /> �1ici��It uot bc u�oo�blg�iritbbdd� If Horeu�er fa�s w m�i.atain cm��d�'bad a6ave, Leader nd7►•�t Isoder's �
<br /> � optioo.cMai�cmd�e,ta pio�ect I.tadee's ri�ts in We P,ropatp in rocad�uoe whh patsg�ph�. ' . < :
<br /> , Iw im�uraaoe policies ae��s�u b�ao�tab�w r�euaa aea sd�u inaaae a ata�rd m�t8�e cl�use.r�aa
<br /> +iivt,trave tbe ri;6t to boLd the policia and te�rats.If irender tapires.Borm�er sl�ll D��Y S�ve to I.ender all reoeipts of �
<br /> . pM,�peani�aed naearat noticcs.ta tbc ereat�Mss.Boao9va s6�ll give�ipt notioe to tUe in9eeaaoe�acrier�od Leadtr.
<br /> Lnbes mry m�1oo-p[oof of bss iE aot mde promptiY 6!►Barnwa- -
<br /> tJatas l�eodet�od 9onu�atl�airFs�a�ee In wiiti�.iawr�nae prooeods shall be applied w�estoratioa or nepoir of tLe,
<br /> � 'lropaty d�od,if the rator�tion a r�qnr is e0000mieally feasible aod lradec'�seauitY is mt lcsseoed.if the�sta�i or
<br /> tep�ir is aat 000eominllY faw'6k or irender's sac�ritx wrouW 6e iaseoed,the it�oe ptaoaeds sha�q be applied ta the smm
<br /> �ew�ed by t6is Seaui�y Imbwpdst,.w�etLer a not�dien due.vvith any exass paid to Boan�er. If Bormwer ab�do�n the
<br /> __.- _ _-.�_.. _ __.- - -A*+.�v-K-��-�r�r�dthi�.30-d�rs a�aatioC�1��that tl�ee i�aiaorx cactier has offe�ed to satk a c1Lm.dxa
<br /> - -�-�---�---------------�- -- ase the. W or nstoae oc�pry-sumt
<br /> ieoida m�y edioct d�e i�ratnooe p�ncaeds. Lmder mry ��
<br /> �eaated by tbis Saa�ity ImteumaM,�or aot then due.lbe 3aday period wiU begin whm the aaice is given. , ,
<br /> • ' Ul�l�ader and Honq�va ot6awise a�nee.in wtidn8.�Y applic�on of prooeeds w princip�l shali nat esteod or
<br /> postpaoe ilrc due d�te oF tbe enonth[y paymeats refernd to in�1 a�2 or ctr�ge t6e amount of tbe prymeats.If
<br /> aoder pn��aph 21 d�e Pinpe�ty is acquuod 6y l,ender,Bo�mvrer's rig6t w any insuraaoe poticies aad pnceeds te.wldng frara
<br /> d�c to the Pmpecty prior to the a�oquisitioa shstl p�ss w Lsbder to tbe exteot of tbe sums secund[ry this Sa;uriry Insuua�cat -
<br /> . �9 P�to d�e aoqttisidon.
<br /> - �.Oa�7,�t�enatio�.M�ee aai Y�+ututiaw d t�e Anpeety,�areawa''s'Las Appliaflo�3 Ia�eiaii�.
<br /> Bam�ra slqll aavpy,est�blish,iad ase tLe Pioperty�BaTO�er's principsl trsideaoe within suty days after tLe exa�tion of
<br /> - t6is Socurity Imtrumeat aod sb�ll con6m�e to aoatpy the P�opaty�s Bottnwer's principsl nsidence far at Ir�st one yar after .
<br /> - t6e d�te of accupsocy.u�tess Leader othawise ag�oes in writing.which ooasrnt s6ai1 aot 6e vnrtason�bIy witLbeld,or unkss ---
<br /> -= e:taru�tng�ua�o� eaist whid� uia bryad 8orrower's cootml. Bormwer shall not dest�+ny, danwBe ur imp�ir tbe --
<br /> . Pteper[y,altew tbe Piapetty`�tv de�etior�te,ar oonsnit wt�te oa the Ptopeity. Borrowu shall be in defautt-if anyr furfeitute ==:,:--==
<br /> R- �-=.
<br /> �etiou oc pcoaoding,whether civit or criminai,is 6egun that in Lender's good faith jodgnkat couTd�wlt in forfeitane of tbe �`�-�
<br /> - Prope�ty or ahnwise materiaily impair the lien craKal by thia Sa�urity Iastramrnt or I.endec's sxurity inte�t.Borroarer may =_ —
<br /> rap t _—
<br />- wie s�cfi a def�ult aad neiactate.as provlded in paragraph 18.by eausing tbe aetion oE pnncxating w be dismjssed with a niling ��,--
<br />' �- that,1a ltades's good faid�detemtination, Proctudes forfeltun of the Borrower`'s.ia�ia the Ploperty or od�er material ��'�:
<br /> L'j.ti ���i+ .w-.
<br /> _ imp�iirmeat of the liea cmted by this Serurity Iastrument or lrender's secarity intenst. Bormwer shall aiso be in def�It i€ __ _
<br />= Bormwer,during tbe loan applkatioa process.gave m�teriaUy f�Lse ar ia►ccurate infomr�tion or statements W lea�der(or fa�od �,
<br /> r=`,'`= to p�rnrKfe l�ead�er witb aay msterial iafom�ation)in caanection wltli the ioan evidenoed�y the Note,inctnding,6ut nat limitad `"�='�°°��-
<br /> W,te�esentatjo�eoaoeruing Borrower's occupuky of tHe Froperly as a principat residence.Jf this Sewrity InsKument is on a
<br /> - lwsdsold, Bornnwer sball cort�ply with all the provisions of the lease. If Horrovrer acquires fx title to tlte F��operty. tbe --�`'�'
<br /> •� �' leasd�old ssd the fa tiUe st�ail not merge unless L�ender agrees to the merger in writing. ��="��5�`-�`:•_
<br /> :. �Pratedios ot Lender's Rialus ia t�x Propaty.If Borrower faits ta perform the covanants and agreemeais contai�d in .ti� ,'�;..:'"---::
<br />` this Socurity Iastrument.or thete is a legal pioceoding th�t may significantly affed l.ender's rights in the Pnnperty(such aq s " ! -
<br /> d pt0000diag in banicmptcy,probate. for condemnation ar forfeitur+e or to enforoe laws or regulations),then Lender mry do aad . .f�� -.'
<br /> p�y for whatever ia necessary to protect tt�e vatue of the PropMy and l.ender's cights ia!he�operty. I.ender's actions msY ,;_.��, -
<br /> -"� - ixlude paying any sums secured by a lien whicb has priority over this Secnrity lnsttument, appeuing in caurt, p�yinE - -
<br /> •. aasot�ablc auuta�ys'fees and e�ering oa d5e Property to make repaics.Althaugh Lender may take action uMet this p�ragnph �r'
<br />- • 7.Leader does nat have to do so. � .-�'-.--
<br /> ��; My amoants distw�d:by Lender ¢nder this g�agraph 7 shall berome additiaaal debt of Borrower secured by this _ , _
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<br />,;,:,.. -� Smuity Insbument. Untess Borrower aad�rnder ag�tu othcr temic of payrae:u'T.ti'�e amouMS sh�ll bear irytenest from tAe �.� -:_:--
<br />�{;;'�;(.',•' daCe of disb�r�ent at the Nate rate aisi�siiail be payable. with interest, upon n6ticc from Lender to Borrower�oquesting ,-:. •� �.�=•
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<br /> y,_ , ... �.Mort`,�e In�uraaoe.if I.endcr required mortgage insurance as a condition af m�lcing t�e ivan secund 6y this Security ..�: .� ._..
<br /> Inisuument. Bonower shall pay the premtnms required to maintain the mortgage insuiance in effec�.If. for� trason, the k„�F , {��,''-
<br /> martgage insurance coverage required by Lender lapses�r crases to be in effect.Aorrawer shall pay the pnaaums roqnirod to jy'>,� .`��' .- �-_
<br />'",t,�f,. '.: a6tain covecajgr substantialiy equivaient to the mortgaga insur�nce previous ly in e f fed.at a cos t sn b s t w titi ly equ i v a k n t t o t l�e
<br />���`'���. east t+p Barn��r of the mortgagc insurance previously in effect,from an altemate rtartgage insurer approved by l.ender.If
<br /> '''`�'�•'• Borro wer sh a l l �a t o L e n d e r c a c h m o n t h a s u m u�l to �' . '
<br /> � . ,, • substantiail�r��quivalent mortgage insurance coverage is nw avaQable. p y W �. . .
<br /> � �'�� . a�-twelfth of the yearly mortgage insurance premium being p�ld by Bonawcr whcn the insuranoe coverage lapsed or ce�eA to E,'
<br /> �- - -- -i: 6�i�r effe¢t. l.ender w11t accept,use and retain these payments as a Ic�ss reserve in {ieu af martgsge iasuranee. Loss resesve �r� ----- - --
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