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<br /> - periodc th�t I..cnder requirer. The inxurance cnrrler provldinQ�he insuruncc shull be chos�n b��o�rowciu~b�t�to�..cndcra
<br /> appmval which shall nat be umm�sonubiy withheld. If Bormwer iuils ro maintei�caverage dexeribed ubove,l.enclor may.ot
<br /> +".�, Lenderk option,obtain coverAge to protect Lender e��Ights in�he PrapeAy in accordonce with p�agroph 7.
<br /> ° All insuronce policicx and renewalg xhell be acceptAMlc to Lender wui shall include u xlandad morlgpge cluuse. Lender
<br /> ehall have the dght ta hold Ihc palictea�nd renewuls. !f Lender requircs.Borrower xhall promptly give to Lender all recciptK
<br /> -- oi paid premiums and r+ctNSwul noticcx. In the event af lass,Bamwcr shall�ivo prompt nuticc w�he incursuue c�icr and
<br /> l,mdcr. Lcnder muy make pr�f of lo�s if nnt mede pr�mplly by Borrower. _
<br /> Unle�c Lrnder and Borrower otherwise ogrce in wri�ing.insuronce praceeda xhull be opplied to realoralio�ur►�prir of
<br /> ' Iha PrMxrty dumuged, if thc rcstaratian or r�epair ie economicully fcuxihle and Lenderk�ecu�i�y i�. nw lecsened. If�he
<br /> • rextoralion ar�epair is not economicully fcasible or L.ender K security would be Ieaxened,Ihe insurance proceeds shull be
<br /> 1�,� , ,� applied to Ihe euma secured by this Security In�,trument, whether or na then due, with any excesx paid to Borrower. If
<br /> = Borrower abandons �he Property, or daes nat aaRwer within 3U days a natice from l.ender that the inaurance currier hus
<br /> --- — offercd ta settle u clulm.then Lender muy collect the insurnnce praceeds. Lender may use the proceeda to repair ar restore
<br /> ----- `�==�z"+���� the Property or to pny aums secured by Ihie Security Inatrument,whether or not then due. The 3Mluy pedod wiii eegin when _
<br /> oo.��+�,�;� tha notice is given.
<br /> ,�j::;�;k,,F.�; Unless Lender and Borrower otherwise agree in writing,nny upplication uf praceeds ta principal shall not extend or
<br /> .''��' . postpone Ihe due date of the monthly payments refemed to in paragraphs I and 2 or chonge the amount of the puyment�. If
<br /> ' ' � •�'J��A under 2l the Pro rt is ac uim.�l b L.ender, Borrower's ri ht to an insumnce licies and roceeda resultin
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<br /> ���.�� ` from demoge to the Property prlor to the ucquisition shall pass to Lender to the extent of ti�o sums r,ecured by this Security
<br /> �,y�, ;,, � � Instrument immediately p�or ta the acquisition.
<br /> '•"� �:"'Y�`'`y�?� � 6. Occupancy, Preservatlon, MAintenance And Pratection ot the Property; Borrower's Loan Applicatton;
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<br /> � �yr-u�� Lepsehoids. Borrower sh�li occupy,e�tublish,w►J uae the Propeny.�s B�rcowert nrincipal residence within sixty duys ufter
<br /> =5, „ .. `�•, the eaecution of thia Security Instrument and shall continue to accupy Ih.. Pr�en, as Born we,'s princ.�al msidence far at
<br /> — R;;��,,�.�; lenst one year ufter the date of occupuncy, unless Lender otherwlse agrees in writing, which con�ent shall not be
<br /> �_�� � . unreasonably withheld,or unless extenuntfng circumstances eaist which are beyond Borcower c control. Borrower shull not
<br /> --�'�!�.. , .r • , destroy,damage or lmpuir the Property,allow the Propeny to deteriorate,or commit waste on the Property. Borrower shall
<br /> _--- � be in default if any forfeiture action or proceeding,whether civll or criminal,is begun thAt in Lender's good faith judgment
<br /> `� � ' r' could nesult in forfefture af the Propeny or ahenvise materially impair the lien created by ihis Security Instrument or
<br /> ._-�� '� . �' Lender's secu�ity interest. Bornower may cure such a default and reinstate,us provided in parngruph 1 B,by causing the action
<br /> w .�� : or proceeding to be dismissecl with a ruling that,in LenderR good faith determination,precludes forfeiwre of the Borrower's
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<br /> �� interest in the Property or ather material impuirment of the Ifen created by this Secudty Insuument or I.endar's securlty
<br /> �=�' �"�' o, _,�� interest. Horrowe� shull slsa be in defnult if Borrower, dudng the loan applicatian process, gave mater�ally fulse or
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<br /> '��'^.� •. ineccurate information or stetements to Lender(or failed to provide Lender with any ma�arial infarmation)in connection wilh
<br /> the loan evldenced by the Note, includinR, but not limited to. representAtions conrxminR Borrower's occupancy of the
<br /> --„�s n4t.:��� - PropeRy as a principal residence. If this Security Instrument is on u teaschold,borrower shalf compiy with Afi�he prnvisions -
<br /> - �• ;:.;° " of the lease. If Borrowcr acquires fec title to thc Property,the leusehold und�he fce title shell not merge unless Lender ugrees
<br /> . .• to the merger in w�iting.
<br /> ,=1 i 9 "'' 7. ProtecNon of I.ender's Righ�9 In the Property. If Borrower fails to pedorm the covenonts and ogreements
<br />� , =?•,. contained in this Security Inswment, or �here i.r• u IegAI proceeding thut may significantly uffect Lender's rights in the
<br />:,,_,.'1 Y�, Property(such as a proceeding in bnnkruptcy,probate,for condemnation or forfeiture or to enforce luws or regulntions),then -
<br /> Lender may do and puy for whatever is necessary ta protect the vulue of the Propeny and Lender:s rights in the Property.
<br /> - , , , Lenderc actions may include paying any sums secured by a lien which has priority over this Securiry Instrument,appearing
<br />_'� � . . in court,paying reasonable uttomeys'fees und entering on�he Property to muke repai�s. Although Le�der may lake action
<br /> . • ,:,.. under this paragraph 7,Lendcr does not have to do sa.
<br /> � , . My amounts dis6ursed by Lender under this purngrnph 7 Shall become udditionul debt of Borrower secured by this
<br /> •.' Security Instrument. Unlesx Borrower und Lender agree to other tcrms of puymcnt,these umounls whull beur interest from the _
<br /> �'""' date of diabursement at the Notc rute und shall be payable,with interest,upon notice from Lender to Borrower requesti�g =
<br /> ;f�.. � �: � . payment.
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