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<br /> .a�-.. . .-� RE-REt�4�D�D �'0 � y� 7° �Os�� , .:�.
<br /> - ,�. . r ' �.�a�'p�P�ttY�asu�aace.�Bmroarer���4���aow eaisting ar�ereaft�r erecte�on the Pt+aperty
<br /> . . �ed against tos�by Fir�dar�rds iastuded arithm the t�enn exteaded cove:age an�aay other tiaazards.inctudia8 ftaods ` .
<br /> ' - ':� fIooding,for whic6 Lender ieqaaes IDsivance.'l�is insisraace shall be maiatained'w the amoun�aad for the pQiods that Lender <�
<br /> `�� v�dut tt�e i�ra�ce shall Qe chosea by Bamnwer subject w L,eader's appmval which shall not . �
<br /> � cequires.'I�e�ce�rtier D� � 8 �. i
<br /> 6e unRam�abtY withheid- If Bmcmaer faitq tu�mainrain oave�age�SCd6ed above.Le�►dca may.ac L�enda's oprian,obta�n
<br /> -: ;�'�.= covetage tn prot�t Leade�'s iights Ia the Propetty in accordaztcc with paragsaph?. . .
<br /> — - s�W r.xiewa3s shai�be�mbie w Lender aad sha11 incIude a standard mastg;age clause.L�ader shaU ',
<br /> A 1 1�P o 1� ve oo Leades all receiats a f p a i d 1
<br /> • 6ave the right oo hold the poticIc�end renewtds.Ii i.onder recluir�.Ba��+er sha11 pmmpdY gi , ``.-
<br /> .. • psemimas and renewal nctices.In the eveat of los�.Bocrowar shall give prompt aotice w�e insurance caa�ier and l.cnder.Leader :°.
<br /> : �. � may a�age pmof of toss�a�ot ma�e pmmpol►bY Bonaw�. .
<br /> - . Uat�ss Leader and Baaowet othcaaris�ag�ee i�a+��.�PJO����liEd tu resmsat�a or re�air of the
<br /> ' . Pc�pem►�8ed.if the�an or cepair is ecanomicaIIY fe�Ie and Lendds seauity is not icss�ned ff the nestosaSam ar
<br /> <.� shati be aPAlied w the solas t',:,_<.
<br /> : -°,?.;:' c�pau is aat eoono�aicaltY feasIbte ar I.eader's serauIry wanId be 1e�eued,t6e insu�aace prace�ds
<br />: .. . senued by d�i4 Se�nri�7► ��•wðer ar not then da�. aith any excess paid m Bomnwer. If Bormwa ab�adnns the :,`��.�
<br /> ' .`4..
<br /> ' : ptopeKy,or does aot aosa+er w�hhi�30 days a notice fmm Lende�r thac the�s�x cas�tier has offe,�ed w seale a c.iaim.thr� �::�^
<br /> - . 4,• , I,�d�may ase cac pioceeds t�r�ir or resoo�e aie Fcopeicy or to pay sums saaued .,�. .
<br /> Ixader may oalled tIle�p� w�l whw the notice ia given• �
<br /> . , by thiv Se�titS►��.afiether or not then dne.'!be 3Q-daY pe� .D� m shaii not extead ar�ostgone . ,�t°
<br /> � th
<br /> - • UnIess Leades and Baaower othelwise agtee ia ariting,anY aPP � �� �,If uader pa[a� .
<br /> � � '.` the due dateof We mont�jl FaY�B=efeaed to io g�agragbs 1 a n d�����g��m�
<br /> � . Zl the PtupeRy is asxl�bY I�der Baaowe,r's iight to aaY� ������ . .
<br /> ..:�;'� _ >r�:„. �P�F��p��shaii pass to I,e�dar Oo the extent of the sarns s�cored 6S► - - r
<br /> • "�r�`�-� pnartothe�n. liffitiun•LeaseY�olOs.
<br /> . ".,; ' �,�y�p�;�va�On,Main;tananoe sad Pir+otection o�tlie F�'°Fert9: Borro�'s 1.oaa App .
<br /> . Boaower sba�cecaPY•establish,and use tIIe Prugescy as Bosmwer's primdgal r�sideaC���►��the execu�oa of
<br /> ° y t' as Baaower's �ce for az least one year after tLe � .�-
<br /> '•.:. . �ge�iry L�aument and slmII cas�ane to oaupy the Propeaty► P�D�
<br /> ��,:, nabl withheld.ar unless
<br /> ,. -� dase of �ncy �n i e�s I.m d e r o t L�w i s e a g e�s ia w�n g.which consent shall aot be � Y �;� ' ,
<br /> ,
<br /> � �. . �.;,'� exteauau�g asrumsmnces ex�sc whicb are beyond Horrawer's contt�l.Bormwer sball not desomy,damage ai imP�d��y
<br /> atia Boirower shall be in defanIt if aay farfei0tre 2�t� s�:
<br /> ` co det�iarate,or cotnmit waste on the Propeny-
<br /> � a1low the P�opeRY m bend�'s faith jud8�c conId resvlt ia foifeimre af the Rapeay ar �':k�:�.
<br /> �., pro�g,arhether civ7 ar canminal.is be8aa tbat� B°Q� Leader's sec�ic5►int�est Bonower maY c�e �',�'�'"'
<br />'� � . . othrawise urat�ial�Y impair the IIeA caeate�by this�'�fls�eat or snch a �.-,:`_'
<br /> lI to'�dismissed witb a=alin8 H�t,m � .
<br /> � defau1t�d ze�te.as Provided ID P�ph 18,bY cansing s�asxiaa ar prec�►S „� .:
<br /> s `s ' faith determinafion,pnec�es forfeii�ue of the Ba��vet's m�est in the P��stY ar othea mate�ial imPa�t� r,,�:,,_-.
<br /> :��;��r Lender s gaod Baamwra stball a1w 7a�in defanit if Baimwe,r,� ���`",,t;
<br /> � :.�`„ l:• ' the lien created by dds Sacm�ity Inst�umeat or L,ender's securiiy tn:�est.
<br /> �a1SE r.:=�;�--•
<br /> ' gave mat�ially or inaxa:ate iafoYma�n ar sp¢sm�nts t�Ixader(or faled to pmvide Len�er wid► �a�,.
<br /> • , ��°��°�' b dte 1���$� bat not limited tn.repres�tations '�;,�
<br /> . . � any a�aterlal "mformadon) in connec�on with the loan evideaced Y is on a Iwsehold.Ba�mwer ==
<br /> .. ����`�• . ooncaaing Ba2rawer's aocuPan�Y of the Pmperty as a priaciPal res�e�ce.lf dsis Security Tastsameat �.�A.__
<br /> �;�?%;:; fee title w the the leasehold and the fee tc�s8all �_V
<br /> . sbaD aoa�ly w31b all We pmvidons of the Iease.�f Bormwa ac� �- e::_.,
<br /> . :';�j;�' not m�e un2ess I.end�agcees m the merger in writiug. �•�--i.
<br /> 1.Arotection oY Leader's Rigbis in t�e Propeat9 If BotmRe�fails to perfam�the cove�nants and agceemeuts tan�rd in �, -•
<br /> � rhi4 s�r Insuume�t,ar tnere is a tegat proce�8 t��Y�5���►affea r�na�'s rights ia the prapesty tsuch as a � ..
<br /> • . `� probare.for wademnasion or forfeiaue ar w enfoice�s�regatations),then I�der may do and PaY
<br /> . -�r����.� p��b��' the value of the Propeny au�b.r�ader's rigi�in the Pra$eaty.Lendet's actions may u3clnde
<br /> �
<br /> , "`` f o r a h���r i s a e r e s s a s y w D r n t�
<br /> .� �,"• , ::` over this Senmity Ins3�nmat�2�iP�ng in wun,PaY�B�Ie -
<br /> � • DaY� �Y�sepued by a lie� whicb Gas gitoritY h?.II,�tder �.- -
<br /> auomeys'fe�and enteruig oa the Firopecty tn make reDai�.AIthough Lead�r u:ay mke action aatier tfiis pa�p
<br /> tei
<br /> . a -::.
<br /> � �� � � daesnot 6ave w do so. �--�-
<br /> � � Any zmaunts'disbntsed by Leader under this paragraph 7 shall become addirional debt of Borrawes se�ured by this Seanity � -
<br /> �t U n l e s s B o i r owea and Lender a g r e e w other tetms of paym�t,these amaunts shall bEar iataest fram the dafc of ����,
<br /> - � � � disbu�ent at the Noie rate and sht�ll be yayabte.wIth irtteaest,QPa�notice fmm Lender to��mower reqaestum8 Pa Y�
<br /> ll
<br /> .... . . • &Mortgage Insuranc� 1f I.ender required mortga8e insmance as a co�flsion of makin8 the loau sec�ued by tLis S�curiry �.•`.'
<br />- the uired to mattrtain the mo�ge lns�uance in efPec� If,far any reason,the �'=--
<br />_ .� .. . Insuumeub�Borcawa shaU OSY P���1
<br /> , . raort��sw�ance coverage requued by Lendea lapses or cease�s to be in effect.Borrower sball pay the premiums required w
<br /> obtaai cnvaage sabsrantially ecluivalsnt w the mortg�ge ins�oe previously iA effec�at a cost substandall ved b��y�der.If
<br /> ta' •
<br /> � ,.�. �, ��: cost ts Bmrower oi the mortgage�sv�nce Dreviously in et&�xt. fmm an altemate moctgage insurer appso
<br /> xt
<br /> - '. � subsrautiaIIy equivalea�t mortgage insuraace coverage is not ava7abte,Bonower sha11 pay to Leader eas6 moa sed os ceased tn =:
<br /> one�tavelM of the yearly mart�dge insura�►ce premium being Daid by Bormwer when ttee insu:ance cavera$e 18P ..
<br /> � be�n efieq. Lender wiU acce,pL nse and retaia these payments a9 a toss reserve in lieu of mortgage lns�uance.Loss resecve �
<br /> _ '. . , Form8088 8/90 .�
<br /> ' .. Papolot6 Im0�1r:
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