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<br /> - periods that l.ender rcquirts. The ioaurance carrier provfding�he insurunce sha�l6e chasen by Borrower subject to Lende�s
<br /> — appnoval whieh ihall not be unreasonRb�y wi�hheld. If Bomuwcr fwils to maintain covemge descrlbed abovo.Lender may.a�
<br /> � Lender's option,obtein covernge to protect Lender A�f�his in!he Property in accardanc�with paragraph 7.
<br /> All insurance pollcies and rcnewals shall be acaptable to Lencler and shell incluck a slandard mongage dAUSe. Lender
<br /> ---- shall have the rlght to hold�ho policies and rcnewals. If l.ender requirex,Barrower shall promptly glva ta Lender all receipts
<br /> - of pald premiums wW nencwal nwice.r. !n the event of loss,Bortowcr shdl givc prompt notice to the insu�ance cvrier ond
<br /> L.ender. Lender may mal�c proof of loss 1f na made promptly by Borrower,
<br /> Unles4 L.cndcr und Bcxrower othenvise agree in wriling,insurance proceeda shull be applicd to restorntian ar rcpair of
<br /> theproperty damAged. if the rcstoration or repair ir ecanomicolly feASible and Lender s security is not lessened. [f 1he
<br /> �,�� rcstoration or rcpair is irot economicalty feasible or Lender�s secunry would be lestieoed,the insumnce praceeds shall be
<br /> iro
<br /> �am,�,�� applied w�he aums cecuoed by this Sceurily InauumeM, wixther ar not then due, with any excesg paid to Borrawer. If
<br /> -�;�d� Borrower ubandons�he Propeny,or dax not onswer within 30 days a notice from Lender that ihe insurance carrier hns
<br /> ofkred to settle u cluim,then Lender may collect the insumnce praceeds. Lender may use the proceeds to repair ar restone -
<br /> _ •���� the i�roperty ar�o pay sums securcd by�his Sxudty InsuumeM,whether or nut then due. The 30-day periad will begin when �
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<br /> tia noUce is given.
<br /> --- - Unless Lender and Borrov►er otbenvise agree in wdting, nny application of proceeda to principul shall not ex�end or
<br /> ��� postpone the due date of ihe monihly payments referred to in puregraphs I nnd 2 or chunge the omount of the puyments. If
<br /> -_- s under parngtuph 21 �he Propeny is acquired by Lender,Botrower�s right to any insurance palicies and proceeds resulting
<br /> --- �i"' from dumage ta the Property prior to�he ucquisition sholl pass to Lender�o the estent of the sums secured by ihis Socu�ity
<br /> Inruumerit immediutely prior to the acquisition.
<br /> 6. ()ecuppncy, Preservatton, Malntenan��e And Protectbn of the Propeirty; Borrower's L�oan AppBcatlon;
<br /> � - L,easeholds. Borrowcr shnll occupy,esmblixh.And uxe 1he Property a.g Bomower's principal residence within Fixty days after �
<br /> ,;i„�� the execution of this Security Inshument and sholl condnue to accupy the Property a.4 Borrower's principnl residena for at =
<br /> . �`s�..� ,�";.}�:r• least one year after the date of occupa�cy. unless Lender aherwir,e u�rees in wripng, which consent shall not be —
<br /> _--- '`'.::.„,;,�,,tii,y "' �' unreasonably withheld.or unless extenunting circumstances eaist which arc beyond Borrower's control. Bomawer shall not
<br />_'`=�;;�'.*: �- � destroy,damage or impair�he Property,allow the Prapeny to deteriorute,or commit wacte on the Property. Bornower shall �•�
<br /> — ;`,`�;,�,-..:,.,� ..��y; be in defuult if any forfei�ure action or proceeding,whether civil or criminal,ia begun thAt in Lendera good feith judgment
<br /> =' ,.,.�r:,-.u•_-�_ could result in forfeiture of Ihe Property or atherwise materially impnlr the lien created by Ihis Secudty Instrument or
<br /> �"` -""'"";� Lender's secunty interest. Borrower may curc such a detauii und�cf�iatatc,a.+provided In pamgraph 18.by causing ihe actian �
<br /> --,�:x„s t:;.r•:_...�;r}J� or procceding to be dismissed with u ruling thut,in Lender's good fnith determination.precludes forFeiture of the Borrower's
<br /> ^ � '*.'-:�" . ,,�:.• intenest in the Praperty or other material impairment of the lien crented by this Security Instrumcnt or Lender's secudty �
<br /> — =�='�?•,-' ` ""` internst. Borrower shull ulso he in defauh if Borrower. during thc loan applkation process, guve meterielly false or �
<br /> �-��c�: �� " �� ,�: inaccurate information or statements to Lender(or failed to provide Lender wi�h any materiel information)in connection with
<br /> ;,���,,,� .� the loan evidenced by �he Nate. including, but not limited to,nepresentations conceming Borrower's occupancy of the
<br /> � - . �--- 1'roperty as a principAi rcsidence. if this Security Instniment is un u ioa,clWiai,S�uawei ahaii compty w;tt�aii thc pravisioss
<br /> — � �'=='--:'''+ of the lease. If Borrower acquires fee title to the Propeny,the leaschold nnd the fee tiUe shall not merge unless l.ender agrees
<br />__�� to the merger in writing.
<br /> F �^.:' - 7. Protection of I.ender's Rights in ttie Property. If Borrower fails to pert'orm the covenants und ugreements _
<br /> '� , contained in this Security Inswment,or there is u legal proceeding that may significantly affect Lender's rights in the ---
<br /> • � ,. Property(such ac a proceeding in bankruptcy,probnte,for candemnution or forfeitu�or to enforce IAws or regulutions),then o_
<br /> -� � �-, Lender may do and pay for whatever is necessury to protect the value of the Property und Lender's rights in the Property.
<br /> ��'��. •.� '...,. .; ..,a.r,, L.ender's cictions muy include paying uny sums secured by u lien which hns priority over thic Security lnsuument,appearing --
<br />_ : �; in court,paying reasonable uttomeys'fees ond entering on the Pmperty to rnake repairc. Although Lender may take aclion
<br /> _ ,� ;,,,,,,, under U�is paragraph 7.Lender dces not huve to do so.
<br /> � :w � " ,G:-;" Any amounts disbursed by Lender under this p;uagruph 7 shall becorne udditional debt af Borrower secured by this =
<br />---. ,;;:_,.•'; �"'��: Securiry Ingtrument. Unless Bortower and Lender agree lo other terms of payment,these umounts shall bear interes►fram the
<br /> "�. " ;" • �;,• dute of disbursement at the Note rnte und shall be puyAble. with intere�t,upon notice from Lender ro Borrower requesting
<br /> _� ,:�� payment. _
<br />_,;� � :��,•ry„ � 8. MortgAge I�surs►nce. If Lender required mott�uge insurunce a� n condi[ion of mnking the loun secured by this =__
<br /> �:; «� r•, $ecuri�y Inswmenl,Borrower aholl pay the premiums reyuired ta muimain the mortgage insurance in effect. If, for ony �_
<br /> ' neason, the mortgage insurwke coverage required by I.ender lapses or cease. ta be in effect, Borrower shall puy the
<br /> '''��: ��• 5- �' ' remiums re uired to obtAin cavera e substuntiall e uivAlent lo thc mort a e insurancc mviousl in effect,nt u cost —
<br /> - ,��!.�, P 9 5 Y 4 6 B p Y =_
<br /> '�� substantially equivalent to the cost to Bormwer of thc mortFnge insurnnce previously in effect,from un altemate mortgage ---
<br /> � inxurer npproved by Lendec lf subsmntiully equivAlent mortguge insurunce coveruge is not avnilable.Borrower shnll puy to =.
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<br /> Lender euch month a sum equul to one-�welfih of Ihe yearly mortguFc imurunce premium bein@ paid by Borrower when the _
<br /> w. �''-�i " ', insurnnce covcmge lapsed or cea�ed W he in effect. Lender will uccept,u,e und retnin these payments us u loss reserve in lieu
<br /> � �•`�"•�=•` of mortgage insurunce. Loss reserve payments may no longer he rcyuimd, at the option of Lrnder,if mo�tguge insurance —
<br /> �� �` • , �� coveruge(in the omount und for the period that Lender myuires)provided by an insurer upproved by Lender aguin becomes
<br /> iF12'�` � Avniluble and is obwined.Borrower zhull pay the premium+reyuired to maintuin martgage insurance in effect,or to provide u
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<br /> „ , loss reserve,unlil the rcyuirement for mongagc insurunce ends in accorduncc with uny written agrcemrnt belween Borrower _
<br /> und Lender or applicnble Inw. �i"�.
<br /> 9. Inspection. l.ender or i�s agcnt muy make rea�onable entrieti up��n:u�d inspectiun+of the Propeny. Lender shall __
<br /> ., give Borrower notice ut the time of or prior to m�inxpection sperifying n:i�sonuble c�usr ti�r the inxper�ion. —
<br /> � " 10. CondemnAtion. The proceeds of nny awurJ�tt rluim fi�r Jt�mages,dircct or consequential,in conneclion with uny
<br /> • Single Fomily-•Fannk M�dFl�eddle Mnc UNIFt1RM INSTRCMENT--Unikmn Cuvena�xs 9190 r/wR�'3 r,Jo�,uge.0
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