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<br /> � 3. AppUcgllun nt 1'�yu�cnu. All p9yroenta recetved by ihc Lcndar und�r tho Nflte or U�Gn 5ecadty ';.
<br /> ° � Inatrumcnt ehall bo npplicd by q�o I.e��dcr to tlw Note or Mortgago in auch ordcr of apptirmtian as Uic Lendar may -
<br /> ' � , dctcrmino. � '
<br /> � #� 7'ruatut eimll promptly diachurgo any 1(en which has priarity ovor thta Security Instrument untoss �
<br /> A. Ucni.
<br /> Truator.(u)�grece in writing to Uto paynton!oT Uio abl9gadon secured by the ticn in a mnnner accoptabie to Lcndar;(b) �`,�-
<br /> ���'�� contcats in goo�i fni1Q tbv Ncn by�or dcfanda nQainst cnforcament of ehc tien in, Icgal pracced(nga whicit in tita Lcndcrs Q_
<br /> `��� opinlon operotu to provcnt Ibo cnCnrccmonl of tho(ion;or(c)sccures from the haldcr of tho lien an agreement satisfnctory R�
<br /> to Lendcr subo�dinnttng tl�o Hen tu tlila Security Insttumant, if(.ondcr detemiincs ti�ut any pArt vP tl�e l'roperty is subject �``�-
<br /> � -�"""`���, to u Ilen whkh mey ntlnin priority ovcr U�le Socu�ity Instrument, Lender may gjve T�ustor e notico identitying tha Iieu. _.
<br /> •��� Trustor al�atl aatisly the licn or tAko ono or moro of tho actions set forih above witGin 10 days of the giving of noltaQ. -
<br /> � �
<br /> '� ` S. Hazwrd o�Proporly Inaurenca 'frustot ahull lceep tho improvemenls now existing ar hercatle�erealad
<br /> �� on tho PropoKy Inaured aaatnst loa�by Rro,hazards includcd within the term"extondcd coverago"end any otl�c�hazards,
<br />:,j`;:� '� incledin tloods or Roodin ,for wlticb Lender rc uires Inaumnw. This insuranco shail ba mainlAined in the amounta and
<br /> '����-.�'. � Cor tltio perioda Utut�l,ender8requira9. 'Cho(nsura�ce curricr provlding tl�e insurance sl�all be chosen by'Crustor subjact to
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<br />�^'��'° Lcndet'a approval whicl�shali not ba unrcasanably�withl�atd. 1 fTrustor Cails to:��aintain coverage dcscribcd above,t�.cndcn
<br />�'`-r'�� .. may�at Lcnde�'e option,obtaln covcrego to protcct Lcnde�a rights In the Property in accardanCa wtttt parn�mpb 7.
<br />_�. � All inaurenco policiea end renewel�sltatl�o aaceptublo tv Lender and shaQ include a atandard mo�tgage cisuse.
<br /> ,. � Lender shall havc tho right to hold tho polioi�us and renaw�is. If Lendcr rcqutres,Trustor sha11 promptly give to I.ender ell
<br /> .. ,;_ � receipts of pafd premiutna and reno�val notlGOS. In tho event of loss,Trustor shali give prompt notice to tha insurance
<br /> ��-� c.arrier end Lender. Lendcr may mako proof of loss if not mudo pramptly by Trustor.
<br /> Unlaas Lender and Truator athenviao agree in writing,insurance pmceeds shall be applied to restoration or repair
<br />- • . of tho Propertyr domagod,it the rostaratian or re,pair is ecanomically foaaible end Lenders s�curity is nat losseaed. If the
<br />- . . restoration or repair is not econon�icutly feesiblo or Lendei'a aecurity woutd be tessened,the insurance proceeJs may.at
<br />�w•. s� titc ortton of tho Lendcr.bo npplicJ to tlto suuis securcJ by t6ta Sccurity instrwncnt,wimthoc or not thcn duc, witt�any
<br />�,�;;�;..:: oxcoss paid to Tcustor. ItTruator abandona tho Property�or docs not answcr wiUti�n 90 days:a noUce tYom�endcr that Qia
<br />;i�;;:':�:<;�s,:; insumnas cnrrier haa oE7ered to aettie s aiaim.tfion i.endcr may witeci tiia insucance proccadn. LeiiJcr jnay usa ih� _
<br />�``��'��'''��'`":�'� mceeds to rc atr o�r raston tho Pro at to a sums secured b Q�ts Secudt [nstrument,wheQier or not G�rn due. 'fhe
<br />;�a�;t:�,�4,:,;.�'.� p p p�rtY F Y Y Y
<br />_�:.:�,;?::i�#�l"�` 30�day period wi116egin when the notice ia given. .
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<br />-_-����,�:�:��•;,;� Unless Lenrler.Trustor and Borrowar oU�erwtao ogcea In wrltie�g,eny appllcatton of proceeds to.pilncipal ahat{not
<br />"�`�'��^,��'s��:�i1 extend ar postpone the due date of the monU�ly paymonts rofc�red to in paregrepl�s 1 end 2 or chenge the amount oEpie -
<br />��i��� paymenta. If undcr paragmph 2 t U�o Property is acquired by Lcn�cr�7Yuatora rlgirt to any tnsumncc polic�es apd proceeJs
<br /> "'-°'�" � resulting f�om damage to Qiv Property prtor to the ncquisitlon�hull paas to Lander to Uie extent uf i1�e sums secured by.piis
<br />- ' � '� Securlty Instrument immediately prIor to tha asquisit{on. •
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<br />=-'�'�''� 6. Occupsncy� Preservatlon, Mntntonanco ■nd Protection ot the Propert�; 'Crustor•a �L.o�in
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<br /> Applia�ttoa;4cascl�otds.Trustor ahall occupy,ostablish�aud uaa tho Properly es Truator's resIdcncc and alwl6caatinu0 to
<br /> occupy tha Pmperty as Trustors pdncipat resfdence for at loasi one year aRer t1�e dato of occupancy, uh(ess Lartder
<br /> -_—° oU�envise n�rees in writing�wl�icb consont sh�ll not ho unroasonubly�aithheld�ar unless extenuating cii�ciunsta+icca�ezist'
<br /> __..__.z,:_��a wl�lch ero bayond Trustor's control. Teusror shnll�not dastroy. dmnaga or impair Uie Propecty,allow:the Propeity to
<br /> -�,.�� dete�iorate,or cominit wasto on the Property. Truator al�all be in dofault if eny torfeiture action or praceeding,wheth��. �
<br /> �'"�i��� � cWil or criminal,is begun Ihat in Lenders good faitl�judgment covld rdult in forfetture of tl�e Propeny.or othenvise�
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<br /> - - ���'-�� mater3aliy impair the tien created by thts Security Insttument ar Lendet's seturity inten�s� Trustor may cure such a default
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<br />;_;._,,,� ---- � end reinatate. es provided in Paregraph !8. by causing tho action ar proceeding to bo dismissed with:a tuling U�at�,:in .
<br /> _"'�:1�• l.ender'a good faiq� detcmiination� precluJes forieiture of t1�c 'frustor'a intcrost in thc Property tlr, ntNar materlat
<br />__�"'�'"" _��,� � impuirn►ent of the Iten created by thts Sec��ity Inswment or Landcta accurity interest. Trusror shall also 1io tn deCault;if'
<br /> --=�---� TNStor.during the loan application procGU„gavo mated�lly fulso or in�ccurete tntormation wtth respect to this Security•�
<br /> ������L��`� inswment�such aa false rcpresentetions concernin$7tustora occupnncy of U�o Pcoperty as a cesidence. � �
<br />��,�;. . ' .
<br /> z�s���y�g` 7. Protcetlan of Len�er'e Rtghta In the Property. I[Troator faila to pedotm tha covonants end ��
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<br />��,�;�}>'��:�5��;�} . � -� . agreementn eontained tn this Secuelty instrumcnt�or thcro is n Icgal proeccdtng that mny aigni�tcantly oRect LenJe�'s�d�his.- � �_,,,.
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<br /> :��•<<• � . � ..: . in�he Property(such as a proceeding in bankrupiay, probnto. for condemnatton or forfoiture or to enforca•lawa or
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<br /> �` '�"`�``�' regulations)�then[.ender may do and pay for v►hatover is necaasory to protcet iho valuo of qto Property and Lcmders rlghts .
<br /> _. `.�J,��'�;y: in the Properiy. l.endera actions may include pAying any auma seeurad by a Ilen whtcl� has priority over lhas Sacurity
<br />- . ;� . . Inswment�appearing in cowt,paytng reasonable attornoye'tbes and entering on tho Properiy to make repairs. Alto�augh ;�;;•
<br />�' ' L.ender may take action under thts paragmph 7.Lw�der doos nnt havo to do so. � � � ��;::
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<br /> • .. i,�s Any amounta diabursed by Lender under thla paragraph 7 ehall becnmo addiUonnl debt soaured by Wts Secudty
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<br />-. �,s�:• Instrumen� Uniess the ltuator and Lender ag�ce to othc�terma of poym¢nt�Iltoso atnounta shull bear intcrest li�om d�e date -�
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<br />�rr .`�c �;s�� oI aiswracinuii ai iuc i�itiis i6io ain� 8��un w Nbj6v�c�w��n tflKf�li� U�MI oviRV nann a.cauc� iv nvmv� ��yuwimg o��-
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<br /> 'ur�{��� 8. Mortgage Ineuranca Lender hos not rcqulred morig�o inaut�nco as a condition of mak[ng the loan =_
<br />- " saured by this Security inaUvmen� k=
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<br /> 9. [napectlon. Lcndcr or[ts ogent nmy mako tcnsunebio cntric� upon cn�t fnapecUena af the hroporty. � . P,'-'
<br /> : � " l,ender shail give Tcustor nolice at the ttmo of or prtor to an inapectlon epccllying�caaonnblo cauao for iho iuspection. `'"-
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