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<br /> ,, ` F` �`" ` I�SOIaIICE.�I1S 171SI112IICC S�1 t!C R1�IRt8i11Ed Ili fbC�IDOIlIItS ffid � �F •
<br /> �:. z iacludiag floods or floodinS.for wLich Leader re4ui�es.
<br /> `�• . ' for tue�Fods that I.end��u .11ie ina,.A•+n•ca�ier pmvidiag the msnrance shall be chos�ea by Bormwer subjea to � `` � : �.
<br /> 4 . I roval vrfiich sbatl.a�ot be ua�asonabIy witbadd. if Bormw� fails w mainraia cav�age desccs'bed a6ove. �' : r °
<br /> r``..�;:.-_,� � . Ixn�et�s aPP , hd �n accordauce witL paraSraPh ,
<br /> --- _,{:_ I�d e t m a y,at Lendet s�t i on,obtain covetage t,o protect Lender's rights in the Property� `"'
<br /> �, ".. , � ..` 7. �d � �€ '.
<br /> ' "' pu�s�aaae polides aad t+�ewals shal�be acceptable m L�der aud shall inchide a siandar+d�monga�e clanse. � � 'E,.
<br /> �, ': � � � cf i.eader shall bave the nght w hold the policies and�eaewals. If Lender requires.Borrower shaU prompt1Y give to lender � _
<br /> • - ` °-� ali receigta of paid g�aad r�wai nutices.tn the event of loss.Sorrower s6a11 give pmmpt norice w the uisuiance • :�
<br /> �� - h `� caaier and Lender.Lxndet maY make pmof of loss if not made pmmptly by Borrower. .
<br /> . -:=�n'-'='•`�� m writmg,insutanoe pmoeeds sball be apglied to restoration or repair t.��f e.`
<br /> �:�ti _ � . Unle�L�der and Bo:rower otheca+ise agiee'. _
<br /> ;.�c.;`, : , - ��"� of the Propat3r d a�e d.if the reswrsrion or tepair�s econoffiqll y feasa'bie and I.ea�der's se�uity cs aot lessened. if the ��`�::', :..
<br /> ` f�st'b2e or l.eader's s�riry wo u t c i be l e s s e a e d,t h e i n s u r a n�c ceeds shali be ��,.
<br /> , �- testo�ation or s+eQur�s not eoonomirallY ,e s �-
<br /> � �. :� applled w tt�e sums se�uted by tlris Seo�ritY In��ahetber or not then dae,with anY execss�m Borrower. If � ,
<br /> L or does nut ansa►er wit5la 30 days a aotice from I�der that the msaranoe catrier h� r -' �'
<br /> ca rier
<br /> �� '��` ` r Sorrower alsaadosLS tLe Pro�ty, �` , .
<br /> � offered to s�tle a claim,then Leader maY c�l2ecx the insvraaee praoeeds.Lendet ma3►eue the pro �Y P��� '• '
<br /> � < °, �property or w gay y'nms secured by tlus SeauitY Ins�im�t,whether oz not then dne.7Yie 3 �
<br /> , -�• ;. - � �: �
<br /> ,:� .'4. , , . ',. .<,`, whea the notice is�v�. licat'snn of noce�eds w prQUipai sball not exoend or
<br /> ,:: Leader aad Boimwer othezarise agcee in writa�g,anYapp P
<br /> " ,_ . . �;'�. postpoae�dne date of the mos�19 PaYmenis mfeaed m in puagr�hs 1 and 2 or change the��f die pa�g = _
<br /> ` �d�r p a�a g r�h 2 1 t h e Pro p e t t y is a c q a i s e d bl+Lender. Bomnwe�s ng8t to any ins�ace po Fmc�s ', :
<br /> ��.� { rior w the on shal�pas�w Lender w the extent of the sams s e�a u e d by t his S e c a�t y -� �-
<br /> ��, ' �om dawage m the PcoPett�►P a�u�d , � '
<br /> �' ;.. : �� � - InsO�vm�it�Y Prior to the acquisiriop. ge�mowe's Loan AAP� :�. .�Y.
<br /> , �. p��n, �a t�s a o e aa d A�o n o f t h e P t o p e r t y; u"°_
<br /> • .���� 6. OocuPaac9+ as Boaower's ai�sidease within si�9 daS►s '_°
<br /> � �,� • i iRasehntds.Hatto�vet shari oaa�pY.e.4tablisD, and use the PmP�Y p�Q -
<br /> . at�the execution of tIIis SecuntY�and shall wntimme w oaupy the ProPertY as Bortower's priaci�al residence � .
<br /> �'� ~: for at Ieast oae yeaz attes the date of oocupancY.�tess i+eader athe�wise agrees m wntmg, whiea u�nsau shaill not be �f. _
<br /> �r'• ��.V _ �� cir�t�cea exist wtuch are beyond Bomawa's conicol.Berrower sl�aU not � --:--
<br /> ,. - ua�somahly withheld,or unless .`'
<br /> �: , ihh �'�ow ehe Pcapenyto de�iosate,or co�it waste on the Pmperty. Bomower
<br /> destmY,damaSe or i����OP�Y• whether civ�or criminal, is begua Wat m Lender,s gaod faith `'
<br /> ` • '.- shaU 6e in defaalt if any forfeiture action or ,
<br /> �•#{- , . ;`i-;` judSment cc►�d resnit in foifeiwre of the Prog�nog'r othecwise materiallY imPair the li� cceated by this Se�auity �-'•.��
<br /> ecwi e , .
<br /> ;'.� _ . ``�.�`; �ar I.ender's secasitY�te[�c. Bormwermay ca�e sucb a default aad:einstate,as pmvided ia paragrapb 18.hY �
<br /> �s . ,' w be dLs�ssal with a raliag that, in Le�nder's good faiW d�oII, p�ecta� '.`T
<br /> . .< : c�sing dte aixion ot pmceedia8 a
<br /> _-': . ` � fosfdtnre of the Eonower's laterest in tl�ee PmpertY or oWer material �aument of the lien created b this Secarity �
<br /> the loaa uYcatioa pmoess. ,�,4°�`
<br /> i'y'� - - �or l,eader's seanriry int�st.Horraurer shall also be ia defautt if�ormwer,durin� �PP ;_..-=
<br /> � gave materiaDy false or inaaauate informa�ion or stateme�us w Lender(ar faled w provcde Lender with �n3► �cia1 �? _
<br /> me .o��8
<br /> �T� on with the loaa evideaced bY the Note.iacfi�ng,but aot l�d to,re�eeatan ^-
<br /> '" � i � �- -;+ infozmation)m cannec�� as a principal resideoce.If tt�is Secvrit�►Inst�eat is on a leasehoId,Borrower shail `'��::`�4��-.* :
<br /> � ec •
<br /> -= `'�' . ' . Boimwer's oca�pancy of Pcopeny .: :
<br /> ,.,:�'.>`�:� • • • _ comply wIth all the provisions of the tease.i f�omuwer acquires fee titte w the P r o pertY.the Ieasehotd�d ohe fee title ::�; r,�':._
<br /> � . sbaU not merge untess Lender agtees to the metger in writiag. �� . ,
<br /> �-* =- ' 7.Prnteetion of L�der's Rights in the Progerty. If Bmmwer fails w perfiurm the cov�ants and ag
<br /> �" . or there is a teg$1 pmceeding thaz may si�cantly affecx I.encler's rlghts ia the ' ,°
<br /> `���'��. � � contaiaed ia Wis S+eruritY Ins�mmeat. mbate, for condemnatioa or fodeuure o�to enforce laws os cegdatioas), ',.`"
<br /> °r: �. , property(sach as a pruceed'mS in banl�QuY•P � `�`>
<br /> ."', .. ' then Leader inaY do aad pay for whatever is nece.ssarY w Pmtect the valne of the Property aad I.eader's rights m the ,. � ,�
<br /> �'4i``° ' . , `'� metaae aymg any smus secured by a liea which has piiority over this S . '`
<br />- �.+,�,� ` ' •,:� �g g�in oou�paymS maso�te suomeys'fces and entering on the Property to make mpaus- Attho .
<br /> : .� ,.� �--°
<br /> `f�.�:,'.. .. . I.eader ma3+�on�der ttus Pasa h 7.I.ender dces not have to do so. ;..
<br /> .•�t.,::> . . . Amy amaunts disbursed by�m�er this pa�agraph 7 shall become additional debt of Bosrower s�by tbis ,
<br /> ;_�,:�.•�, . . . . • •;.�':;• S�rity Iastsument.Unless BormWer and lxnder ag[ee to other tenas of paymQSnt,these amo�mts shall beaz interest from ,{r,':
<br /> m
<br /> � z,•� � the date of disbozsement at tLe Note rate and shaU be payable, aritl� intere,st, upoa aotice from I.ender to Bosrarwer .., .
<br /> , °� ,,'
<br /> a.. ,�` ,_ - :�� - requesting payment. �on e insurance as a coadition of making t�ee loan se�vred bY tDis " . -
<br /> .= r:,:, : . . :' :...: S.1Vio:tg,a�e lns�anee. If I.eader ieqmced Sag to maintain the�ortga�e insuraflce in effea. If,far a�+ :;�j::-' :
<br /> •:.r _:. �,:� � . . $e�rity+InSttUmeIIt.BOItOW¢i SL811 p3j►the p�requ�md �e _ . . .
<br /> ' .' the mortgage insurance coverage sec1uued DY Leader laPses or ceases to be in effec�t. Bomnwer shall PaY
<br /> e
<br /> �e, � •.. wsl ia effect. at a cost �
<br /> � �n� to obtain covetage substantialty equivaleot to the mostgago��ect.from an altesffete mortgage
<br /> ,�;:�..��� � p���
<br /> �;`:T� , - sobstantiallY eqw�a�ent to the wst to Bonawer of tAe mortgage insurance pievi us1l+�,
<br /> � ins�tter approved by L.ender.If substaair►►tiatly e4nivaleai martgage�svrauoe coverage�s not available.Borrower shall pay ;., :..
<br /> st
<br /> �:..��,:.. _ to l.ender eac6 n¢onth a sam equal to ane-twe1Rb of the yearly mangage iasnranoe pre�aium being paid by Burrower when
<br /> ..�.s��.S_, . . , . the iasurance caverage lapsed or ceased w De in effact. l.suder will a�t.use and�tain these pay�e�s as a loss nserve
<br /> •��•`�:;, �- ' in lieu of mortgage insvraaoe. Loss reservq payments may no longer 6e required, at tiie option af Ixnder.if mort�g e
<br /> requ
<br /> :.;��.�r.. . .. insoraace coverage f ia the amoun[and for the period that Lender r�quires)p�ded by an �n�uer approved by Leader . ,
<br /> .. �,�?.� ; . .� � again beoom.es ava�7abte and is obtained. Borrower shail pay the prem�um����co�'a'n�rtgase insvr�ce w . ,:, ,'•`,,.
<br /> '� °._,• effect. ar to provide a loss resetve. �til the requirement for mortgage insurance�ends in accardauce with any written . ':
<br /> � • � a t between Borrower and Lxnder or applicable law. Form 3o28 Q9l90/page 3 0!s l
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