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<br /> , ,; perioth da1 Lmder teq�es. 'i�e utstqanoe c�triet piovid'mg 1Qe iafmoc�e a6a116e chosen b��Hotto�rer sub1ect�u L�eader:�s -
<br /> .ppw�i.�uc6 aiylt na rie uoreasonabiy wuhtiew: If aortow�a f,us w�n�iaain co�+ecage aescn-bea sbore.L�der�ay,at. �
<br /> , ` � I�a�der�d�ptio��,pbt�in'aavas(�w rro�ect 1.eadeF$�i�his in tfie ptaQe�cy in accocdrmca A�ith pQag�ph 7. . � : ,..
<br /> AU u�canoe polic�es�od abewats ahaU be aoceptabk,w Ireader aad sI�U incluFlee a standud taastg�ge claase. I�wder ti
<br /> shaU 6ave ihe right W bold the po�icies aod Rneara'Is. if I.aWer riequires..Bormwer sWU P�P�Y 8!ve w Leoder all teaipta
<br /> � �P�P�wmc�d ten�woiD notices. In die evait of toss„Bormwstsi�aU give prompt notice w•thc ins�uance c�ier�nd
<br /> ` La�der.�L.a�dcr msy m�te p�oof of bss if not made pum�ptly by Bormwei . . •
<br /> .. . � U��less i,rnder apd Bo�rawer othawlse�gnee in wnnng.iasurance pruauis si�all be applied to ratatitioa a iepair of
<br /> - - <-the P�opaty�msged,��tbe.�eston�tioln oc nyair is uonomiallg fasibk aa�Lendec's securiry ia not kssened. If tbe _
<br /> ---a�us r�is t�s ec�mie�lty feasibk os Let�der's securiiy woWd bG I�c.s�_tLe inwrance prnaeac sball be- _ -
<br /> �pplied tu the siuns_secuned by tbis Security Inswmmt,whether or not then doe,with a�r excess patd to Boetowa: if
<br /> Bonower abandons the PtopeAy.or daes oot answer withu�30 days a�atia�'rom,Lender tl�at the insurance carrier Las
<br /> • offei�ed w seate a'clwn.tbea I.ender may w1loct ihe insurrace pmcaeds. L,eader may use the pr`oceeds to reps'v or restore
<br /> , the P�oQecty or w pay sums sccurea by this security tas�ivaent,wbettier or na then aue. The 3o-dsy tx�iod w�71 begin when
<br /> the iwtice is84ven. . : ' -- _ . .
<br /> Ueless I.en�kr and Ha�mwar othawise agm in writiag,aoy appli�ion of procads ta principa!s1iaU not extend or
<br /> � postpone t6e doe due of tbe mauhly psya�rnts refenod w in p�agiaphc 1 a�nd 2 oc ctvoge the ulwunt af the paymrnts. If
<br /> unckr p�agrapi�21 the Ptoperiy is acquind bg Letjder,Bormwer's rigbt to aay insurance policies ud pioaeds nst�Iting
<br /> fraaa d�mage to the Ptvpe�ty prior w the acquisitioR shall pass w LeMer w t1�exteat of t6e sums secmod by this Secarity
<br /> L�strumeot immaliaaly pria w the acquisition.
<br /> f�. Ooc�7+ Pre�v�tb� Msi�h�s�oe snd Fro�ectios o� t6e Property, Borrower's I.o�an ApplicsBou;.
<br /> t.essel�old�. Borrower sball accupy,est�blish.and use the Ptoperty as Bormwer's principal residenca witltin sixry days after
<br /> tbe exa�tim of this Ser�rty�t and shatt continae w occupy.tZie Pmperty as Barmwer�principal s�sidencx fot at '
<br /> "�:3�a�st,aae yea� 9fter t5e�� oF oocopw�cy. unkss�::e�xkr othcrwise�agras in writing. whic� ca�seni'stral! not bg
<br /> ::;;��iite�saw6lX withl�eid,ds�aiess exumuating cincu�ioes exisc�hich ats beyond Barmwer's cantrol. Bunra�r,sfiall not
<br /> ` .best�oY.���F���Y•�ow t6e Piropecty to d�a�e,a eommit wacte on the Pnoperty: &xmwer-shall_:
<br /> be ia defwls��any forfeitun actioa or Qinceeding,wt�e[�er civ�7 or�iiininal,is begun that in I.cnder's goaT faith jadgment' .
<br /> _ cauid nsult in forfeihce of the Aoperty ar othervvise materiaUq impa'v the lien created by�is Saurlty Inswment or . .
<br /> � l.ender's security lntet�st.`.�8armwer may cure such a de�auit and reinstate,as pravided in paragra�18,by causing tbe action
<br /> _ , or P;ooeoding w be dis�n�sstd with a tuliag that.ia i.ecider s good faith detem�iaatiaa.pncIudes forfeituie of the Borrawer's •
<br />--- � interest in the PrupeAy ai othu materiaT impair,nent of the 13en cneated 6y t[�is"Security"[nsuuinettt or Le�1er��security ,
<br />"�':� intensG Eomower ahall also 6e in default if Borrower, during the loan apptication process.gave maurially false or
<br />__' inacct�rate iafotmatian or statements to bender(or failed to provide Lender with any material utfom�arion)in coRnecdon with
<br /> the loan evidenced by the Note,.inclading,but not 1'smited`to, representaaons cm�ceming Borrowet's occupaacy of the —
<br />-- Froperty as a principal nsndenee. If this Securi�y Inspument is on.a'leasehotd,Basrawer shall comply with all the provisions
<br />=�r' of.thy kase. If Barnwer aaquires fee tiUe to the Ptopesiy,the k�sehold and the fec title shall not merge unless I.endet agn�es .
<br />- �a tt�e merger in writing.
<br /> 7. Phptection d I.eeder's Rig6ts tn the Property. If Borrower faits to perfortn the covenants and agramertts
<br /> = contained in this Security Instrumen�or thece is a 1egAl proceed�g that may significantty affect Lender's rights in tUe .. �-_
<br /> :��-, Aropecry�such as a proceeding in bankruptcy,pro6ate,far wndemnatian ar forfeiture or to enfarce Iaws ar regulaaons),thas __
<br />-.;-:,� � I.ender may do and pay for whatever is necessary to pmtect the valae of thc Property and I.ender's rights in thc Property. _._
<br /> Lender:s actions may include paying any sums secured by u lien which has priority over this Security lnspumen�appeazing --
<br /> in cautt,paying reasonable attomeys'fees and entering on the Property to make cepairs.Although Lender may�take action �
<br /> � . under this paragaph 7.Lender does not have to do so. • �`-
<br /> � Any amounts disbnrsed by Lender under this paragraph 7 shaU become additional debt of Borrower secured by this �=�
<br /> Security Instrument. Unless Bomower and Lender agree to other tertns of payment.t}�ese amounu shall bear interest fmm the �_
<br />- - date of disbursement at thc Nae rate and shall be payable.with interest.upan notice from Lender to Borrower rcquesting ----.-
<br /> _-- -paymenG =-
<br /> _ -- 8. Mort��e In�t�anea If l,endet required moRgage insurance as a candirion of making the loan secured by this• - -
<br />- Security insmvment,Borrower shall pay the premiumy required to maintain the mortgage inswarice in effec�. If.for any —•—
<br /> reason, t}ie mortgage insnrance coverage required by Lender lapses or ceases to be in 8ffe�t. Borrawer shall pay the = -
<br />' premivms r�guired to obtain coverage substantially equivalcnt to t�e moRgage insurance previously in effut.at a cost =�
<br /> substantially equlvalent to the cost to Barrower of the crrortgage insurance previously in effect,from an altemate mortgage ���=
<br /> � insurer approved by Lender. if substantialty equivalent mortgage insurance coverage is not avaifable.Barrower shall pay to - --
<br /> _.:f.'� Lender esch month a sum equal to one-twelfth of tf�e yearly mortgage insurance premium being paid by Bo�rower when the �_
<br /> _ - insurance caverage lapsed or ceased ta be in effect. 4ender will accept,use and retain these payments as a loss reserve in lieu _
<br /> of moctgage insurance. Loss reserve payrnents may no longer be reyuired.at the option of Lender.iP mortgage lnsurance �,:.
<br /> coverage(i�the amount and for the period that Lender requires)provided by an insurer approved by I.ender agaln becames :;�
<br />- available and is obtained.Horrawer shall pay the premi;�ms required ta maintain martgage insurance in effect,oc to providc a °-
<br />`�� ,. . Loss reserve.until the requirement for mortgage insura.�r.e ends in accordance with any written agreement betReen Horrower
<br />` �" xnd l.ender or applicabte taw. � '
<br /> . 9. Iaspection. Lender or its agent may make reasoaabte e�:ri�upon and inwpections of the Properiy. Lender shafiC
<br /> � give Boao��zs notice at the time of or paor to an inspectio�:r�ci�'vi-�reasonable cause for the inspection. • .
<br /> �_ - ---10. C�ndemstation. The proceedi uF any awasd as claim far damages,direct ar conscqws�t'sai,i�canncctian wit�any - - _
<br /> ' Singte F�unily-•Faeele MadFredAk�1�c UNIFOilb11;�S7AUMfiti7'••Unilaim Covenants 9190 IpnRe3 nj6�,,ugesl ,
<br /> � , cna�t�ee eiwee�e ra�e,rae.■
<br /> � To Onfn C�Ik 1�ODa7P9333 O PAJ{BfBTU1•t13f
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