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99102190
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99102190
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Last modified
3/13/2012 2:56:50 PM
Creation date
10/20/2005 10:31:26 PM
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DEEDS
Inst Number
99102190
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1 <br /> , „ <br /> .._ _, � . � . ,+.-.�. <br /> . , � . <br /> .,. .,.. ,,.� . . ..---- <br /> •-------.... ... .... .. . .-- <br /> 99m �o��o . <br /> �..�lezc�ed op Prog2r'ty 9nsururtce. �orrower shall keep thc improvementa naw eaisting or hereufter erected on the '' <br /> ° --"-- ' NrapPrty an�uQed uBuinst ioss by tire. hnrurdx iaciuded within the cerm°ea�ende.ci cuveragc" �i�i iuiy othci huuuds, iutudir�g -= <br />, �� floads or flooding. for which Lender requires insurnnce.This insurunce ahalt bc mnintnined in�he amaunts nrtd for�he pedods � `"; <br /> � .. � thct I.cnder requires.The insurnnce currlee providing the inaurunce ahatl be chosen by Bornower aubj��ct to Lender's approvul ' <br /> v�htch ehnil rtot be unreasonubly viithheld. If Borrower fnlls to muintain covernBe descdbed nbove, Lendsr mny, ut I.ender's <br /> � option,obuir� aovertige to protect Lender's rights in the Pmpercyr in uccorrlance wlth puraB�aAh�• ' <br /> : AI! insuvnnce polictes und renewuls shuil be ucceptnble to Lender and shnll inctude a staudsud mortg�e cinuse. Lender <br /> � ' ' shnll have�he dght to boid the policics and repcwats.If Lender requlrws, Borzn�ver shall pmmptly give to l.ender el! teceipts of . <br /> ' " '� Patd premiums ead tenewal natices.In the event of loss, Borro�ver shall give prompt notir.e to the insuram:e carrier sutd Lender. <br /> . .,,.;._:� I.ender may make pmof of loss if not mnde promptly by Borrower. � <br /> UWes�L..eader ond Borrovs�er o�her�iise ngrce in writing, inaurauce proceeds shali be uppliod to restoration ar repair of the <br /> �� � Pe+operty demng�d. if We restoration or repair is e�unomically!'easi6le tu►d Lende�'s securlry is aat lessened. lf the restaration or � <br /> repuir ia ra economlcally feasibla or Lender's security would bcs lessened,the inswance proce�is shNl be applied to the sums <br /> „ , secured by ttaia Se�udty lasaument, whether or nct thea dae.ti�itb uny excess paid to�orrower. If Borrower nbandons the <br /> ' , Progetty. or dces not answer wlthtr►30 duys a aotice from L.eader Wut the insurance carrIer hes offeced to settle a clalm.then <br /> � � Lender may collezt the iasurance pmeeeds. Leades may use tbe prooeeds to regair or restore the Pmperty or to pay sucns . <br /> • .' secw�ed by ihi s 5eeutity Instntatent.whether or not then due.The 30�y period will begin whea the aotIce is given. _ <br /> Uatess II.eader and Bor[ower othenviae agree In writiag, any appltcation of procceds co principal shall aot extead or : <br /> „' � postpone the due date of the montUl�paymeAta refemed to in paragrapha 1 and 2 or change the amount of etz2 p�ay�aents. If - <br /> under paraarst�6 21 the Pt+ogPrty Is acquired by I.ender. Horrower's right to any insurance policies and praoee�s c�sultln�from <br /> � damage to the PropErty prlor to tDe acquisttion ahalt ptssss to Lender co the extent of the sums secuned by this S�a:nSru��ins�cu�eut <br /> _ ° iaunediately prlor to the acquis�¢�on. <br /> 6. mocupaasy, P�+eservs�Y�on� Nda�ntenanc� and Pt+otedion ot the Property; �a�s+ower's Lnan l�pli�aila�; <br /> � Le�seholds.Boaower shall oocupy.esiubl'e.cm,and use the Froperty as Horrower's pr�ncipal resid�nflx wIthin si�y'��ays aRer et�x <br /> - oxecuttoa ot tLls S�cwity Instnament aad s4in11 cantinue to oocupy the Property as Bomnwer's princlpal residrmos ffor at least aae � <br /> � �, • ycar after the ddete of occugaasy,unless I.ender othenyisc agrees ia wrlting,which aonsent shall not be unrea�nnbly withheld. �,M. <br /> or uNess e�acnuating circumsuu�,oes exisa�vhich ane beyond Borrower's coatml. Bar��ever et�aU aot destroy,dam�,e or impair .u; <br /> ' tlte Pmpeity. allow the Property w deterEorate.or commit waste on ttte Pnnpsrty. Bo:rawer shell be in default jf aay forlFetwm ���` <br /> � ection or procxeding,wbether civli or crlmiaal,is begun t6tu in Lender's goad faith judgment oould c�sWt ia fodeiau�e of the ��°� <br /> , � l�erty ar uibe�wIse msterialiy impair the ltcn creuted by this Securlty[nst�ument or 1Lender's secudty iaterest.Bormwer may ° <br /> ' • aue such adefault and a�insc�te.as pmvided in paregrapl�18,by causing the action or pmceeding eo be dismisssd w1W a tuliug = <br /> that. 'tn i�enaer'e good t'aich detennit�ation. p�xtudcs iosfait�vi ihe �r3wc,'s iai�.-rc�t ia i�c PsaF..'siy ar attt�m:ser�.s! <br /> � � �� lmpairm,ent of the iten cneated by tl�Is SecurIty Instnuaent or Leader's swcudry inse�+est. Bomower shall also be in default iff <br /> • � Borrower.du.siqg the toan�pplicatIon proaess.gave matertally false or iauccurate infoimution or statementa to Lender(or failed - <br />;;�;.,��;' �,' ' � w pmvtdc Lender wlth any maierlal inforffiation)W conaection with the loan evideaiced by ttte Notx,including.but Qot limited <br />
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