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<br /> � 98�11Q�5 L�AI�f��. 1 5 3 9 2 1 7 9 1 9
<br /> � All Inaurence pol�loa and renewala ehall be acceptable toLender end shall Indude a standerd mortpafle dauae.
<br /> Lender shall f�ve the ripht ta hold the pol�lee and renewalo.If l.ender requlrsa,Barowe�shall prompdy flive to Lender
<br /> ell recelpte nf psld pKOmlums and renewel not�es.In the event of losa,Borrower sfull give prompt not�e to the
<br /> Insurance carrler end Lender.Lender may make proof of loas fF not made promptiy by Borrower.
<br /> Unless l.ender and BorroMrer otheiwiae apree in wrklnp,Insureince proceeda shall be appllad to rastoratlon or repeIr
<br /> of ths Property dameped,If the reatoratbn or repelr Is ecanomlcally teaalbie end l.ender's securlty Is nat lesaened.If the
<br /> reatoration or repelr fd not econamicaily feaslble or Lender's securityr would be lessened,the Insurance proceeds shall
<br /> be spplled to the euma secured by thla Security Inatrument,whether or not than due,with any excess pald tr�Borrawer.
<br /> If Bonower abancfona the Praperty,or doaa not answer wfthln 30 daya e notice(rom Lender thet the Inaurence caRier
<br /> has attarod to settle a ctalm,thon Lender may collect the insurance proceeds.Lender may usa the praceeds ta repair
<br /> ar ra�dore 4he Property or to pay suma eecured by thls Securfty Inetn�ment,whether or not then due.The 30-day period
<br /> wNl bepin when the not(ce I�piven.
<br /> Unloea L.ender end Borrawer othorwise epree in writing,any applicetbn ot proceade to principal ehall not extend or
<br /> postpone the due date ot the monthly psyments referred to In parapraphs 1 and 2 or chanpe the amount of the
<br /> payments. If under�raqraph 21 the Property Is acqulred by LAnder,8orrower's dpht to any Inaurance policles and
<br /> proceeda reaulting from damage to the P�operty prior to ths ecqulaltlon shall pass to Lender to the extent of the sums
<br /> aecu�ed by thls Security Inatnament Immedlately prior to the acqulaition.
<br /> d.Occup�nc�h Pra�rv�tlon,M�iM�rwncs and Protectlon of tha Property;9arrow�r'�l.o�n Applicatlon;
<br /> I.,MS�hokls. Borrawer shall occupy, establlah,and use the Property as Borrowere princtpai residence wfthin sbdy days
<br /> siter the exec�tion of thia Security InstrumeM end shail cantinu�to occupy the Property as Borrower's principsl
<br /> resldence for et teast one year etter the date of occ;upancy,unless Lender atherwlse�grees In wrlling,wh�h conseM
<br /> shell not be unreaaonabty wRhheld,or unlesa extenuatinfl clrcumatancea exiet wh�h are beyond Borrawer's control.
<br /> Bcxrower ahall not deatroy,damaqe or Impalr the Property,allow the Praperry to deteriorate,cx commh weete an the
<br /> Property.Borrower shall be In defauft ii any forfeiture actlan or pracaedin�,whether clvil o�criminat,Is t�un that In
<br /> Lender's good fiaRh Judflment co�ld�esuit In forfefture of the Property or otherwise meterially Impalr the Ilen created by
<br /> thls Security Inatrumerrt or I.erxlar's security interest. earower may cure auch a default and relnet�te,esprovlded In
<br /> paraflraph 16,by causinp the actlon or proceedfnq to be dismissed wkh a ruling that. In Lender's�ood falth
<br /> determinatbn,precl4idea forfeiture of the Bonower'e irnerest in the Proparry or arther materiel Imppfrmar�t d the Iien
<br /> created by thls Security Instrument or Lencier'a s�curity Intereat.Borrower ahell ela be In default M�oROwer,durk►p the
<br /> �oein epplicatbn proceae,gave mate�lally false or Inaccurate ir�forrt�tion or staternents to Lar�der(or feNed to pravide
<br /> Lende�wlth sny meterial Infomiatlon) fn connection wfth the loan evidenced by the Nota,indudiny,but nd Ilmked to,
<br /> representetfona conceminp Borrower'a ncy of the Property e�s e p�incipel reeldence.H this Security instnrment le
<br /> on a leasehdd,Borrawer shall comply wRh the provistona of the lease. If Borrower acqulres fee title to the Property,
<br /> the lesaahold and the fee t�le shall not merpe unless Lender aflreee to the merqer h writinfl.
<br /> 7.Probction of L�ndK's RI�Ms in tlf�PropMty. If Borrawer faNa to periorm!he Covenar►U��d e�roemeMa
<br /> i:�iiiwi►�ai ii�tiiib S8�titliy�ttsls�i:i�ili.Ot Ih�s�!S s!e�s!p�aC�![!�tt!+!t m+!y e���!ntly!�±�!er�!�'a!krMn h Hw
<br /> Prope�ty(such ae a prxeed�np In bankruptcy,probate,far concfemr�ntion or forteRure or to enforce laws or '
<br /> rs a tians),then Lender may do and pay fw whatever le necessary to prded tt�e vslue d the Prc�and Lender's
<br /> In thd Property.Lender's actlona may Include payinfl eny sums aecured by�Ilpn whkh haf ov�r thle
<br /> . Secwity Instrument,appearin�In court,paylnq reaeonabla qttomeya'tees and e+�tKtng on the Propedy to meke
<br /> repakt.Nthouph Lender may take action tmder thie parsgmph 7,Lender doee nd tiaveto do ao.
<br /> Any emounta dlsbureed by Lender under this paragreph 7 shdl becomv addi�bn�l'debt of BorroNwr�scurod by
<br /> thia Secu►ky Instrument.Unlear Bonower end Lender a�ree to dher terma oF psyment,the�e amoutMs st�all b�nr
<br /> Intenk irom the date of disburaement et the Note rate end ahall be perysble,wkh IMereat,upon notk�trom Lendar to
<br /> gorrpyver requestinp paymeM.
<br /> t.INort�p�Insunnc�. If Lsnder reqW�ed mat�po Inaurenca ae a cnnditian d makinp the loan aecurod by thk
<br /> Securfly�r►stnrment,Borrower ahall pey the premluma required to mairnaln the mat�aqe Inaurancs In sffec*.If,for any
<br /> roason,th�mortys�e InaurAnce covereqe roqulred by Lerxier tapNa or cesee�to bo in af(oct.B�row�►sheN pey ttM
<br /> pnmkuria requtred to obtain coverape aubataMlally equlvedent to the nwitgsye ineurancs�pre�vlotmly In sMsct,�t e cat
<br /> subayntlelty equlvaleM to the cost to Borrower of the mortpepe Inauro�nce provlamly In Ifsct,irom en eltertmte .
<br /> mortpnqe ineurer appraved by t.ender.If aubsta��lly equNder�t mortpsye Inwrance cov�pe te not evale�6le, .
<br /> BoROwer shell pay to Lender each morrth a sum equat to ane-twelRh d the yeariy matqeqe h�uurarx�pnmium be1n0
<br /> paid by 9orrower when the fnaurance cove�afle lepsecf or ceesed ta be In eHect. Under wMl ec�pt.uw nnd roqdn tlww
<br /> peyrneMa ss a loss resarve In Ileu of mortpage Insurance. loss reesrve paymerrta may no la�bs nquked,at tM
<br /> aptbn d Ler�der,If rtwrt�aye insurance coverege(In 3he amount end for the parloda that l.ender raquirwl provlded by
<br /> an Insuror e�proveci by tender s�yaln becomes avaNade and Is obt�kwd. Borro�wK studl pey the pramlurra rsquM'ad to
<br /> malntaln matpn�e�►�surance In effect,or to prov{de a loss reserve,urnN the requken�ent fa morc�afle k�euc�nos anda �
<br /> In accordance wlth any written a�eemeM between Borrower and Lender or applk�ble law.
<br /> 9,. Insp�ction. Lender or ka a�errt may make reeeanabie enMes upon and kiapectione nf ths Property. Lar�dsr
<br /> shall giw Borcower notice at the time of or prior 3o an Inspectlon specHyin�reasonable cauee for tt►e Inapectlon.
<br /> NEdpABKA'-SIN(iLE FAMILY-FNMA/FHLMC UNIFORM INSTRUMENT � � . _ '` � 1'ORM 3d2�9/f0
<br /> ISC/CMDTNE//07�2/3028(9'941•L PAQE30FE �
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