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<br /> . . . 990 �o���.�� �-G=Y.
<br /> ..._ . . :_ l.OAN 4�: 235778y `�-.
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<br /> Ualess Lender nnd Honower mherudae agree in wdting. fnaurance proceeds shaU ba applied to eeswradon or rcpair of the `�js-
<br /> pi��yr Mmnged. if tbe testorndan or rtpttiu Ia economlcnUy feos�ble and Lendor's security Is not lesaened.If the reatorudon or
<br /> - ° repair i�uoi economtcally feasible or l.eadet'e security would be lessened.the insuranse proceeda shtill be applled to the Rums ,
<br /> secured by Wa Secwiry In�tn�a►� �a+h��hEr ar not then due, with ntry excesa paid w Bono�ver. Ef Bortowet abundons the ,.�,Y:�;,
<br /> praperry.or do2s not anawer withiu 30 days a tibtice from Lendcr that the insurattce carrier has offered�fo�se aiQ�lt�c�d r��-=-
<br /> Lender may collect the insurance proceed�. Lender may use the prxeeds to repair or mswre tha EaroPeril' P Y ,
<br /> . -.-' by Ws Securiry Inawment.whether or�tthen due.'!!ia 30-day period wlU begin when the nodce i.s Bivea. �"'
<br /> �r�='''`"" ' ee in wri .a�►Y BPPlfcation of proceeds w priacipal shaU not eatead or postpone �,..:""
<br /> • . .�n�� Unless Lsnder aad}Jorrower otherxbe agr dn8 _
<br /> ' the due date of the monthly paytaents rekrced w in paragraphs i aad 2 or chenge tue amouat of the paymenta,lt uader parn8�p�► �.,,.
<br /> :. 21 the PropertY is acquited by Leader.Borrowec's dght w any iusurance palicies and proceeds resuldug frum damaga to ttze �,---
<br /> .. �. �l�rtY P�or to the ncquisidon st�afi pau to L.ender w tho cxteat�P the sums secured by this Securiry Insmunent immedlately G—
<br /> ., :. prior to We acquisition. _--
<br /> ;. 6.Ozcupuncy,Preservntton,MaQntens+nce and Pwtection of the ProperlYi Horrower's i.oun Appllcatlon; I.eascholds. :
<br /> Borrotver shaU occupY,establiah. ead ua°t1�e Pmpe�i+e�8ono�'er�$principal residence wirhin siaty daYs after the execution of �.�
<br /> this Security Insnument and shaU contimo w occupy the PropertY as Borrou•�r's pr�►cipsil residcccee for at least one year aftor tl�e Q;;:
<br /> W C'
<br /> .. � date of occupancY, w4lesa Leader othervvise agcees ln wrltin8. which ca�►sent ahaU not be unmasonably witbheld, or unless =.
<br /> }, " � extee�wting cirewnstances exist�++tilch a�ebsyond Borrower's contcol.Hoimwar shsll aot destroy.deawge or impair the Pro3�riY•
<br /> �� allow the PropertY to deteriocate.or c�arnit waste on We �'raFatty. �orm�ver sttalt be in Qafault iF aay forfeiture acdon or -
<br /> `•,,�i . �,
<br /> �roCeedia8.whether civil or crfminal. isbe8an that in Lender'a good faith judgment coutd result in forfeiture of the Pcoperty or :::
<br /> ., othenvlse materially i-�npair the lien cre�ed by ttii.g SecuritY Inshuntent or Lender's security inoereat. Borrawer may cnre such a ,__:--
<br /> . �G� default ead reinstate.as provlded in paregcaph 1R�by causiag ihe acdoa or proceedin8 to be disffiisse�l w[th a nilin8 that. 3� ��,_'"
<br /> ,� , Lsnder's good faith determinadan.Precbd$s forfeiture of We Bosrower's interest tn the ProperiY or oWer uiaterial iaipaicmeM of =—
<br /> .•', tha lien created by this Securiry Ilnstruamwt or Lendat's security�aterest.Borrower shaU also be in default if Borrower.durfn8 We
<br /> ',;';�`• �' lean applicadon procesa�Save m�toriallyfalse or inaccurate inforn�adon or atatementa t o L�a d a r(o r f a i l e d w provlde Lender with
<br /> �. any material inforrantion) �t capnecriaa wlth the loan evideaced by the Note. Includtng. but not IImited w, representations
<br /> - '';;,;.;. � concemtng Borrower's occupancy of tla PrapertY as a prlacipat residence.If th�s Security Ins�nt is on a leasehold.Bnrrower
<br /> � +. , sha11 camply wlth ell tho pmvlsians of d�e lease.If Borrower acc�uires fea dtl�w tho Property,
<br /> the leasehold and the fee tttle shnil
<br /> +,', IIOt AlEiAO UAl@SS I.CIIdCI 8g[CCS t0 t110 mtlg�t W W[1dI1$.
<br /> � '�`1r'��`'a` ' ',. 7.FrotOCtton oi Lender's Righss m the�raperty. ii�wrr�wa�fails to�rfarm s2:e cevananra and agree�ents coatained iu ,
<br /> ;��;,��c, cantly affect Ixnder's rights in the ProPercy�(such es a
<br /> ;,. •�:. this Securiry Insuvment. or there la a bgal psoceediag that maY BIgaifi ,
<br /> ; " �' :: ' praceedlag in baak�upuy,probate,for co�cdemnatim► or forfeituce or w enforce laws or regWadons),lhen i,ender maY do and�ny
<br /> �y��'
<br /> - ..'`-.;y�t��y�`;', for whatever is neceasary to protect tbevalue of�he Pmpert�and Lender's rights in the PropertY.�ndex'a acttona m�n�
<br /> <;,>,.,� a sums secuced by a IIen afifch has prlorlry over tYdi Secudty Instcument. A�rpearin$ in couR�Q�.�iex d.oes
<br /> J,.';,.s,;`,.;:,- � P Yms a�Y w mak,�repairs.Alt�aaac,�Lender may take acdon undar thls patagc P
<br /> `� auorneya'fees und enterInB on tha Prop�rey mak
<br />�':``�,�� .:;,, mot 6ave W do s9.
<br />_�'. ._�.-.r Any aimnamts ttisbursed by Ia�ler undar thia purt�raPh 7 sh,3ll become addIdanal debt of Bosower aecut+ed by this Securiry
<br />_',.•�",•`,,.•.: Ynsm�me�. Unlesa Bormwer and Lender ag�ee to othor termn o�payanent. these amounta ehall bear inUerest from tke date of
<br /> ,`..v� , .. disburaement at tha DIoUa rate aucl eball be payablo�with intereat.u�on�tice&om I.ender to Sorrower request�►S PaY�nt.
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<br />-=_���•_�-�=� S.MortgaPle Iagurance. HY Lend�r:equi�d unortp�IIe iASUr�ce as a condidon of makia8 tho toan setured by this ty
<br /> -- .,_:. ,,,,� ,ims co main*�ain tlze mortgage iasutance !n effec� If. for any reason. tbo
<br /> .�,}.7;.R-_,?�.,�:,� Insuumeai. �orruwer ahuU pay the premi �e4y�
<br /> _::x'.��""�',�;�I �rtHeSe insura�e coverage n;quiredby Leader lapses or ceases w be in effe��Borrower ahsill pay We premiwmstrequirEd W
<br />,a.,�Q�-�.s.: — obtain coverage substandally equtvataat to t�e mortgego insurauce prevlousiy in effeet.ai n cost�ubstantialtY eQui
<br />-•«�:...
<br />;-:;�,-�tr,vf` to Borrower of tha�ortgage f�stuaRCePrQViously�effett.fram as�altern�te mortgage insurer eppmved by Lesrder.It substan Y
<br /> �� ,, :,,:r equivr�llent mortSaBe insurause a:ovarage Es not avaitabte.B�srowcr shall pay w Lender each month a sima equat w one-twelfth of
<br />�,.,�•�,�� • • the yearly mortgage insurance premiur boina Paid bY Boimwer whea the insuraace coverage lapsed or ceased w bo fn effect.
<br />—�.�''.'".'"" Le�er wiit aecept,use aaA retsia these payments as a losa reservo�n lieu csf mortgaBe insurance.Loss resesve payn�mts may ro _
<br />�_.,h� `y'�t`�;
<br /> _�=--- loagor be required,at the opdon of Lead�z.iP mortgage insuraxe cu�eraIIe(in the umoutd aud for ttte Pe��m um�s rrequir�d W
<br /> ` Il=�_= v�by ��r e$sin becomea avnilable and Is obiai�d.Bortower s1�all 1�Y p
<br /> ; •- pmvtded by an insurer appro meitt for mortgsge inauranco enda�n accordaGCe .
<br /> ��t��r;,,�„�, mai�aia mort�age�nsuranse in effect.or t;o provida n losa rescrve.undt the reqvire
<br /> r�ith rrv�tten agreem�nt between Barcowez and Lendar or appllcable lasw.� Le,e<wr atwll ve E__
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<br />-,;.��:-f'�'',�`.:� 9.InspecUon. i.ender or ita agtut may mal'o m,zsonatrle entriea i n unI ius�,c�:aons aY t�Ps�ag:�• L�
<br /> �-.�. Bprrower noitce at 11ie tIme of or priorto an ima�Oecdon specifyln8 reasonable cause for the inspection.
<br />_, � -._ - 10. Condemnuiton. The D�ot the Propeety.or fo�veyeace insliEU o condemaationeIIarc hereby�i�ned and sball
<br />- •#.• cor�emnndoa or other takfng of aay paR
<br /> -. 1F bo pr:3 to I.e�z. _-
<br /> �� Ia tho event of a toml takjn8 of�he Pr�erry,the proeeeds shaU be applled to the sums secur�zd bY �which tho fair a�a�¢t
<br /> ;,• rrhethor or not alum due.with any e�ass pa}�i to 8orcower.in the event of a pactial takinn of the Pe+aPenY
<br />_ � ,;- ;• _ vahte of the Pmperty immediately bekre the taldng is egu3l w or geater tbnn the amount of Wa sums sccured by this Sesuriry •-�
<br /> l��';4�,�;,� : , ,.�� lfa�irumont immediutely hefore the a�n8�ualeas Borrow� u�i Lender otherwiso a�r,�eo in wctting�tho aums s�xu�d by d�is
<br /> �:':r??;' ' Securit�+iasuumem shall be reduced Ey t�e amrnmt of the pmceeds raulHplied by tiie fQ'3uwing fraetioa(e)tho touil omaM1wt of the
<br /> , � � snms secured immediately befam the takin8.dtv[ded by(b)the fair murket value of tho PmpertY imm�diately before the tek[qg. -
<br /> � Aqy balaace shaU be patd w Bomoacr_ in th8 event oi a partial tnkinA of the Fmperty in whlch thc tair market vatue of dt$ �_
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<br /> .r�.��.._...e.....iud:nnnNliumtv befure the ffiki1fII.uIIte88 BOtt+OWer c:
<br /> _--— --- —.-
<br /> p�p]�erty iwttledliuCly bCfOIe tttfl ta�ssnB is'less u�au�am'viun va�o....o o...»�.-----• -
<br /> _ , .., � . and I.cnder otherwise a�ce ia wr�tiog vr unleas appltcnble law otherwise pmvides. the proceeds shatl be appl�ed to the s�uns
<br /> . setured by this Secudry lnst�meni wb¢ther or noi the aums are then due.
<br /> ' if the FeoperiY is abandoned br B�ortower,or if.aftcr�ottce by Lender to Borrowar tluit the co�mnor o8era t�malae nn
<br /> ' • � award or senlo n cleim for damages.Borcan+e atfeils to��ititer w reswrndon or npair o the Propeity a�r w the s�ums �secured b�
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