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<br /> ``' '���' ; tn.stWU�tc�. lt��rt.mre �h�lt krcp the intp��vrsmnts nnw caisting��or hes�eafter �ecected on the =
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<br /> �� } .:. �P�Y insnrcd aguins� tcr��,by �irc� ha�af�l�m3tudcd�tii�t�l�►tttc tc�m'e�tcndcd c�vero,�c"nnd any other hazanis.i 8 �`
<br /> . '' llonds or fla�di�4.��r«tuch l.�tt�tcr rc��uires itnuE;ui+•e. `1YNv In�ur�u»�f�al!Dc maintainal in the a�nounts and�oi the periods -_
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<br /> .�.,_,� . tflnt Lender rcquires.'I1te l��tiurua«cauEec pr�►�idin�iffa insarunr�SNaI!t�e c#uf+en by Borrower subj�ce to Lender's approvsil .,._-
<br /> which si�att tt�t tt�un�snrtatsl} aitt�ctt�. !�!�k!rt�►�c�IuUe tu n►ainiui�6n�e�agC dcscrihed ufrove. Lencler t�y. at Lender's ,�,
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<br /> ' ':° � �` optioa�atstain rnvcmgc cu pratert L,uHitF'e dF.ht,1n thc f'aspctt}in Atc+irdASr�,��vith,pamg�aph 7. ��.:
<br /> -- � p1�insutent�poticics usW�ttetY�tt�nhsll i�uscipic►6►e tu l,�:ndrr ur.�shait�nclad�e a scssiuiard mortgag�ci�se. Lender _-
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<br /> _ ". ;�.4 shali haf�e�Re ri�Ri to hotd che pnlicfcw�mt rcncwut�.!f{.�nstcr rc��►�t�:a.�1nrns��s��pro�pU9'F�ve to Lender ail�eipts of -
<br />`'�'�,,��� . paid psemiums and cenewut rtfltic�ts.ln tkr evrnt i►�t��t+.B��trrnver atta!�g'sv¢�r.m�pt notice to t0e insuraace carrIer and Lender. .
<br /> I.end�r msy ma�e prooF of las�if iwt ncute pt��mptly Uy l�ure�iwc�. ---_
<br /> `;.:i:�: ..'.< Unlc�s l.gnder and 6attawcr olhe�sviEa qlStrn In wtili�ts.insurust�prtxa�st�l}be anplt�d w restoration or repair of the
<br /> �!�`.s.,.`. .T.�_'�� pmgeYty dtunaged,ii the restnratlen�r[�Palr i9 c�osnrmlcully fe��tblc ws4�mdet's sscurity is not�essened.If the nestaistion or _
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<br /> `� " :� repair is not economfcalty iea�ibte ar 4endcP�«CC1ltll�tYpU11�IiC'ICSSL`ACQ..+St�[nsurnrtee praoe�s shatt be applied co tbe sums
<br /> � ' '�`:. d to Bomswet. If Borro�ver a6andons the
<br /> �� r '.,�' �: �:^� Se�,re�by tgis Sec�rity lnstrumene, wtictt�cr ar ns�t thca due. wit� uny exccs�Aa� --
<br /> �-F �operty,or daes not answer�vlthio 30 day�u n��si�c faun l�tntcr that 4`�:f�ce��r�as°f�to settls a claim.thh� _
<br /> . ,.'."; . .•{� I.eader maY co!!ea the insuranx pmcced�. Lcndcr �q uso thc proorct'as W tapai�ot resiose the Prop�rrty or to pay sums
<br /> . sewr�d 6�r tbis S�arity tt�swincr►t.whethe�or nnt thcn due.7'he 3�duK�u�ipd wil:Ceg�wtten tice nouce ia given- .%,.:.;: . -
<br /> .., . ;. :: U��s Le�cder and Bomower othenv{sc ngac in wdti��. nn!� og�fi�a�an a8 piroc�ds to prin�cip�l shall ttut exteod ar..�;..�'-
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<br />_.. .�_:;..r.r.:.�: postpone tlie due date af the aiontNY P�'menta rcferrcd to in para$ca08a t r�ad 2 or change the amount oY the payments• .
<br /> .. :. '- under paragrapb 21 tYce Pmperty is acquics�d Ay t,c�u�ler.t�nrmwer's�t�t��uitlr Insuroitce poticies und proepeds�esu�ldng fram =
<br /> � 2: � . dantage to tbe Fcoperty Pdor to the acquieiNan sl►nil p;us to Lender to ti►e extertt u8 the sums e�ured by thls Scx�uity Irisuumemt . . -
<br /> . ` � :,.�,..�� 'imraediatetY Prlar to the acq�isition. � -
<br /> �,� .r`: 6.Oocnpsucc9.Pr�servattoa.Motntea�artoe cwd Peatccttoe�ot Iho Propertys Borrowee•e Loun Ap�ftcatton.Lease�Wds. ,_
<br /> �Tr'' ..�`',.i'' B o r r o w e r s h a l l a c c u+�y.establlsh.srtd asc the Rt°petty°�8°n°wet'a�lpa!r�sldcnce within sixty days after the execution of -
<br /> • ; ,;:;.;; this SECUritY Instrument rmd shall cont�nue to axupy tho PropcttY as Barmwcr'e princfpal resfdence for at t e a s t on¢y e a r a f t e r. _.
<br /> ' ' t h e d�e o f o a u p a a c y.a n l e s s 1�e n d e r othenvisc a grCes tn��riting,wQhb can.�cn3 sflal.t rtot be untes+sonably�vtthheld,or uWe�s =
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<br /> , , :: �; p���siraunstauces exist which are beYor� @armwcr'n axrteul. @amnver atwt� not dcsttio�t. d a m uge,or i m p a i r t h e
<br /> ` * a�Tov�,the p�aperty to deter�o�te. ot rammi� w�ste an thc Nrop�ilY. ttusm�vet s{�ufl be In defautt if a�+forfeitnt+e
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<br /> ;.,;.� . a����r proaee�fa�.whaher civil or crImjnal.i9 begun tbat in Lcrt�te�'s gooa fafth judgmeatt coutd resuIt�n forfeihua of the
<br /> .. . . � �; p�p�,y�sr o�r�materlallY imPair the lien created by IMs Sccurity tnstrumrnt or LcnQer's aecudty intecest.Botrower mcty
<br /> ca�saat�� ° �'•t uad reinstate.ag pievIded in p�mgraPh 1 B.by cuusing tno aciion.or procasding ta be dismissed witb a ruling , '
<br /> :::: ` �� � �„ ��d��:s g a o d f a;t h d e c erminat9on. Pceclades forfeiture of the Darmwcr'�iatcrest in the Pmperty or ot&er materla! .
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<br /> -_- --_ �og����by�S�rity Inswment or Lcnder'a cecudty inte�est. Borrawer a h s il l e lso b e t n d e f a u l t i f
<br /> � ��''� Eorramr.duri�t�e ioan appllcatton process.�n►o materfally fulsc or in�ccumte infomiation op statements to Lender for faife� . .
<br /> ;' .
<br /> • :,;'�' : ,�i to provide Lendrr aitt�any matcrial infornration3 in caanect ion w i t b t ho l o a n e v t d e n c e d b y t h e N o t c.i n e t u d i n�,b u t n nt IimIte�# ! .
<br />� � .'_: _; � td�repr�se�ons corireming 8onower's orcupancY oY the Praperty as n principal resfden�e.If thia Srcu�ty�nfitnsment is on a ��-
<br /> � � �� '; l��d. �orrawer sliall c+�mpIy wlth uli the provisicm9 of thc leaso. IP Qomnvcr asquim� fee tide to the Property, the •�
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<br /> ° � ��`� � t �'' td and the fce title shall Rot mcrge untess Lender ngtces to the merger in writing. -
<br /> .. . � 7.1PrOte�^�o�ERnae�s Rigl4ts tn tb�PropcAy.If Horrower fQits to perform the covenants and agrcementa contained in ,
<br /> �• Si'.n , '.
<br /> _ �: <,.9-�,+ � this Security Ins�ent.or there is a legal pmceeCing tAut tnny slanifirumty nffece Lcnder'�dghta irt the�ropetty(snch es a �
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<br /> - ' - ;,�,;: pt�iAg in banlwpiey.probate;for condemnatian or farFeiNre or to e»latc�Inws or�cgututtons).ehen l.cnder m�y do a�!
<br /> :'..j.;; Pa�,��r whatever is necessary co protect the vntue oP the P�ap.�ty and 4ender's�ights in tt�o Proper4y.lan�en's actions may
<br /> . � �. �.`•� ' • inclu3a paying any sums secured by e Iten wh�ch hns prlorlty over thls 5ecntity Instrumcnt. appc�riog in canrl, pa�rin� .
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<br /> . �easanable attomeys'fee.a.and entedng on the i�roperty to make tepnirn.Althoagh[�cndtT muy tnke nction uuider thls par�►Sra�b
<br /> .. ,'�����;4 7.Leiide�does aot have to do so. .
<br /> ` .� . � .���•� �Any amounts disbursecl by Lender under t!►!a parugrepA 7 �ha11 becomo additional de�t of Snm►wer securcd �Y tkis
<br /> - gecArity Ins�rument, Untess Borrower and l.ender agcee to other tcrms of pay�n.nt.Mcsc amonnts gha11 bear interest from the
<br /> ��� �. � ,��� "' � date of disbursement at the Note riste and�shull bo payc9lc. aith irttcrc�t. updn natico ftum Lendcr to BoTCOwer requesdng .
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<br /> ` � ��,.;; . 8.Mort�s�e Iasueaaoe.If Lender raquired mortgosc Insutnnce ns n eanditian uP making 1ha fnan sccurcx�by this Secutity
<br /> � -� :`, Instn�ment. Barrowcr shaU pay the premtums reqnired to mnintaln�M mortga�tmuranco in eifcrt. if. for any reason. ehe �
<br /> �• ' ..��..,i � �o�tgage insurance coverage required by L�ender Iapses or eeases to bo in effect�Qu►���wet et�a11 pay�bo premfums required to
<br /> � �•• . `':`� o6tain coverage snbstanttatty equiv�lent to the mott�age Insurunce prevtousty in effect.at n c+►st Fubstmidally equivatent to the
<br /> �� • � ..,i oust to Bonower�ob�ti�c acortgage insurar�ce previously in cffect. tram an altcmato mnttl�o insurce appraved by Lertder. if
<br /> � . . ; .•;:� ' , substantialiy eq4iva�ant mort8a8e insuranee covccage is wi ovnilablC.8u�vowcr Fhall pay ta Lendcr e.�ch month a sum equal to
<br /> . ane-tweffth of th�yeatiy rtortgage insurartce pramiurt bcfng paid b�Ilnmowct�vh�n it�r in5uranco covemIIe Icpsal or ccascd tu�
<br /> - � be in effect.Lender will acoept.use and retain theso payments as o lass re3arvo In Iteu �►t nwngago insurance. Loss reserro
<br />- '�. �� iatar 80�8 8/90
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