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<br /> � . �.- � . itaiods 16.r t�aaa�r r�i;w: 'iha�ooe aR;er po+�tdi�d�i�anoe s6��1�e c1�o�a►e�r sor�ro�r wb,j�c b t.e�derr1 -. �:.
<br /> t , appnwd whict�stull aat i�e wre�o�61y witNieW. If Ba�tolver fails ta mainnin cover3se dexcribed aEove.l�ender n�►.at .
<br /> t,pider'�optkro,a6tain coveta,e w p�otect L.encie�riaiqs in the Ptnperty in accordanae with pa�ra�raph 7.
<br /> , � � �lt iawcance�wlicks and Rnewals�alf 6e aooepfabia w La�kr and slWl includc a staid�r�d mo�tssge ctau�e. L.ender
<br /> - shall l�ave tbG ri�c to hoid tbe policies and n�wals. If l�epder requues,�amwer'sh�l�P�P�tY�Ve ta t.snder ali raeips
<br /> , of poid�niums a��newaf ndices: fn 4he erent uf lass,Bamnvar slwll Sive{x�ocnM notic�e to the inwrance eattkx ar� •
<br /> . L�der. Lp�der maymalce pcooiof lass if not nade promptly by Haaowa. .
<br /> [iniess[.a�der�nd 8o�mwer dherwise agt�ee in wiiting,�nwrancc pnceeds shaU 6e appiied w�estorntiurt a repir oE
<br /> --- t- -
<br /> � �p�op�Y d�d,�if the restaration o��e�mir_is a�ununticafiy fe�'b1�and t.ender's'security is nbt tes.sened. if -
<br /> resto�itian a�epa�r is'not era�amicatty fessibta or Lsnder�s sr�urity woufd be�s�d;the insivance proceeds.st�it be.
<br /> apptied ta the sums seceied by this Sexun'ty In�trument,whetba o�nat-thm due.with any ezcess p�ud to Bonower. 'If
<br /> ' BaROwa sb�Wons tfie PtopeAY,or does not answer wi�hin 30 days a notia from Lender that the insursu�ce curier.has
<br /> � offertd to satk s claun.d�eh l.eider may ealkct the ins�ea�oe proaeda. t.e�der may�use�6e p�ocoeds to nep�ir ot�esto�e
<br /> . tpe Pmpert�r or 6o pay wms aeeu�ed by this Savrity tnnnunem,whether ar not tha�due. 'Iiie 34day period will begim wl�►
<br /> the notice is given. .
<br /> U��.�r and �ortowe�qhenyiae agiee in wntins.any appliqtiotl of�xocceds to ptincipat sGall not extend ar
<br /> postpone the due date pf the manthlY payments refemed to in p:vagrasphs 1 wid 2 ar c,h�nge the amount nf the payme�NS. If .
<br /> - u��2}��p�pMy�s scquired 6y I.aider.Bamwer�s right to auy iasur�noe pol'rcies a�d proceods Rsulting --
<br /> - �a�n d�na�e w the pmpetty prior to tUe.acquisitwn shill pus to LeMet to the estern of the siuns socurcd Iry�his Securityr
<br /> - Instrument immedi�tety.priar ro the acquisition. . � ,
<br /> f. Oa�pi�c9s Prnerrstlow, M�te�ance �uid Protectlon ot tbe Proper�y, Borrower's LUis Appli��ation;
<br /> . '..I�estebolds. Borrower slmll occupy.�tablish:and use t6�I'4operty as Ba7owu�s principal residgnce v�ithin si�cty days pfter __
<br /> • -,� :the eaccutian of ihis Securit�►Inslrument-and shall taaiAae ro occupy the Ptopeng as BarowePs priocipaf�idence for at --
<br /> '`=ip�st a�e year after die date� of occupancy, onkss Lender otherwise.agtoes in writing, which consent shall not be --_--
<br /> a
<br /> - — " : �tiiMrasa�6ly withheld,or uniexs exta�u�ing c��umstances exisi which are beyatd Bamwet's ca�tml. Borrowes shalt no[ __
<br /> • :'.d�Y.�8�a��ir tt�e Pmperty.al[ow the Pnoperty to dcteria�ce.ar cammit waste on tbe Pcaperty. Barower shatl —
<br /> -:_ ::;`:bc in defaylt if any�faFatuae action or p�oceeding,whetbcr civil ar criminal,is begun that in l.eader's gaod faith judgment �
<br />:_;�- - !,,�ould rcsult in forfeitu�e of the Propecty or ahe�wise materi�liy impair tfie liea created by this Security L�uma�t at — _
<br /> _ • . .'[.ender�s security•intenest. Borrower may cu�such a defauf t nnd n�ns7�tc.os pravided in paragraph 18,by causing the xtion
<br /> , �' , _ a�ing ta b�diuniued�xRit a talisig tJ�at,in L.ender's•good faith determination,precludes forfeiturc of the Bomnwer� ��_
<br /> - i�tec�est in the Ptoperty or olber materi-�6�paimient af the lien•crieated by this Security(nstrumeRe or Lendes's security �-����-•��
<br /> inte�est. Barower shall also he irt deG�ualt if Borruwer. duriag the laan applicadan process, gave materially false or �'"��-�
<br /> - •..l�rate infom�atian or statemenrs to[.ender(or failed to provide l.ender with any ma[erial infarmation)in con�cc.tian with , � •
<br /> ;. ' _ . . .�e loan evidenced by tt�e N'ote, including, bui not limited to, representations,cbnceming Borrawers acci�aacy af the N-= _
<br /> � __.
<br /> <<� ..:�.Qi�operty as a principal residedee. If this Securiry in�tn�ment is on a teasetinld,Si�w�er shall comply witb alt�r�rovisions �,s.�,=.
<br /> u i s f e e t i t le t o t h e Pro .the leaseh�aecd thc fee r.'tte shall not merge unless E��er agms ����.Y ��°'
<br /> t „� of the•lease. (f Bomnwer acq re , P�Y .
<br /> , ;�-, . to the mergea iavrritiog. � �
<br />�. ��,"�; �, pmteetion of Lendu's Ri�ts in the Property. If Barcower fails ea perform the cavenants and'agceements s
<br /> ��+' :' � � , : �nqined in this Security tnstrament,ar there is u 1ega1 proceeciing lhat may sign�ficantly aifect Landet's rigi�ts in the ,
<br /> '•� • pcoperty(sueb as a praceediog in bsmkcuptcy,pcobate,for condemnatian ar farfeimre or ta enforee laws ar re�l�tiansy,thrn "��
<br /> L.ender may do and pay far whatever is necessary to protect the vutue af�he Property and L.ender's rights in the Property. ,,;;-- -
<br /> • •�� '•y:i L,ender�sktions may Include paying any sums secured by a lien which hsu priority over this Sect�ity Instn,:n�}►t,appeanng ���-�
<br /> ��`;.�. �` in cou rt,pa y ing r e a s o n a b l e a t t o m e y s'f e e s a n d e n t e r i n g a n t h e P r a p e r t y t o m a k e r e p a i r s.A lth o u g h Lender ma y take action .<.�� :."..�=�
<br /> : _.::���,: � unckr this ra 7,l.ender daes not have to do sa. � '`��:�� b�
<br /> M S�Ph,
<br /> � r, �; s Aay amaunts disbu�sed Ay I.ender under this pa�agraph�shall bccome�dditianal debt af Bortawer secured by this � '��� � _
<br /> Security tnstrumen� Unless Barrower and l.end�r agree to other tcrmti o 1'p�aymcnt,t hcse timounts s ha l!b e ar in ceces t f rom I h e � ,,_,,,��°"
<br /> date of disbursement at the Nac rate and shaQ be paya b le.wit h interest.upan aotice from Lender to Bartawer r e yuestin g . - --
<br /> ;:`: ;, � . :. ;;-
<br /> �� Mecfgage laaurnnca Ii LeMler required mortgs�e in.surn�ce a.y n rnnditi�n uf mnking the loan secured by,lhi+. . � ��_
<br /> � �' ,Security fn.v�umeat,Bonrawer.ti�ll pay the prcmiums reyuisccl to maimain the mong�ge in,uruace ia effec�. li'.for s+ny �� �•�:••��
<br /> � ' reason,the mort a e insumnce covera e re uired b Lender la ses ar ceases to bc ln effect. Barrawer shatl pay the � -`"��"
<br /> . . S 8 S 9 Y P � � Sc=�;TM_.
<br /> � premiums required to o6tain cavcragc sub.laMialty equivalent ta the mongage insurance previously in effect, at a cact : �,_.�r
<br /> ' substantially equivalent ta the r��st to Borrower of the ma�gage insurance previausty in effect.from an Alter,:M.mangAge =- —
<br /> ' inaurcr upproved by l.ender. If xubstantially ei{uivsdem mortgagc in�ur:mcc caveraEe iz n��t:�vailable.Borrawee;h�ll pay to _
<br />- . Lender e:�ch manth u sum equAl ta ane-twelph af Ihc ycs�rly mung.tge insursmcc prcmium 1►einb jrrid by 8anauts whcn thc �.�-a�_!�—
<br /> . iasutnnce coverage I�psed or crased to be�n effect. Lender will accep�.uxe und rrlain Ihese payment4 n.r•a tass reserve in lieu , . � ��
<br /> . • of mortgagt insurnnce. Lass re�erve p�ymentw may nn I��ngcr he rcquired.ut thc apti�m af I.cnder.if ma�tb3,��r insurnnce '-�:
<br /> � cpverage(ln the Aniount aci�#.for�he penud that l.cndcr reyuiiBs)pmvidecl hy an in�arer�ppmved by l.ender a�_:�becomcw ' : �''`°�
<br /> AYAIIAIfIC A(1(I IY OFffaince�i.l�:�rrowcr xhull puy tbc prcmiums rcquim�l ta maintain Rt��r,ga�gc rosi�ramcc in effccli c�cv provido» � � ,�`��
<br /> � la.ti retierve,¢zt:il lhc tc,w:;i,irenMnl far inortgzigc imorancc c�xlti in:P:C!''�t�ancc wi,:�:iny wriltrn.�grccmcnl Ix�ween Bnnower. � � . .
<br /> � .. �, . und l.enderar;,�pt'sc.7hle luw. .
<br /> :��^ - .:%:�� 9.• trtspectian. l.ender o�ils iigcnt m;�y m�►kc reasonahle cntrics u(xm and ins�xc�ians��f Ihe Properly. l.ender shall • .
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<br /> --' -- '"='=� `"`'- give 8orcower natice at the time of ar pnor to an inspectinn ti�ecifying re�.wnuble cause for the inspection.
<br /> � - J::�'+.�' 111 (,'onAemnaQan. Thc pnxccd.nP uny nwuat e+s claim tiir dnmagcz,dlrrct ar cnn�c��acntiul.in�unn•:.�ian witb smy i - - �---'-�--_
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