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<br /> � il1�Rr�r i�wr�. Mro�wr�WI b�p 1Y� i�pnoviw�b row�iMi�or Yrn�IMr�cnli ��iu',
<br /> ._ . l�esly l�red� byla� l4�,�enl�!�w�Nhh N+�e.n� "�srwdd aar�a�'�d Md ol4F M�+�r��
<br /> �ooiq�ac�.�wi�ia'r i�twwr iiynir:r i�.aca.'i'Go::;.�::::.��,•'���s�:• - - •,••
<br /> irt L�i�t tp�i�w.'�tit h�wM�o�e�tiiu.pnn+�idi�y eiN iAw�w�oe�hll be cbo»a b�►llorru+mrr wbJKt w L.MdK�s�ppa'!�
<br /> w�etcM��ll �ot bs nnrron�b�ly w�Wdrid. 1t 8oirn�x 1Ws a a�iabie oover�e de�d�ibed�boMe. I�eder wq�. M Rie4�rs
<br /> pptiop,oburia onver+�a W p�otdat l.awler'�d�hb ia die rrap�aty In abootdaaoe�ItN puajt�ph 7.
<br /> All ia�uraooe polivMa�ed renowalt�hill 60 aaoe�M�ble to L.�cler aid aiuU iadude��t��drd maf�e clrne: [rader
<br /> drll�rro tbe ri�ht w hold tbe pdkla�wd Rnew�b.Q lra�det requira.Borrowa��ll P'�PUY t�b I.Mdar dl r�eoaipu o!
<br /> pdd wen+Wm�.na roaewa�nodoe..in we ava�c ot'�oa.uat��.0�dve prump noaa to the iarur�aca cxrrter aoo t.aida�.
<br /> L.eoder m�y tn�lCe prootof loss if nat m�de�nomptlY b�►Bac�o�rer•
<br /> Unlaa I.ader a�d 8onovaer a�rwl�e�roe in wriNn�.in�.noe�ooeea��u �o.�p�ea co�ton or�ot me
<br /> Propaty d�nu�ed.it the�taruioa ar rcpir 1�aconomk�lly fasibk ad I.�a�da's:ewuity is nat kssened.If tbe ra�wntioa or
<br /> �epair ia not aoonoMcally(aa�lble ar I,endcr'�aoa�dry wouW be leaa�ed.�he iu�ura�oe prnoeeda�dall be�plied w tbe aAn
<br /> seau+ed by 1hi•Seattiry Itatruma�t. whether or not tl�en aue. arith �qy ea�aw p�id to Borrower. Ir Bamnwer ab�u�dom die
<br /> Ptopaly.or 4oa nat+ua�wer wlthin 30 days�notiae from Larder tiut tbe iiuunrsoo c�ler lu�offetnd w Rettle a daim.tbeu
<br /> l.�nder rn�y oolloct the in�uranoe prae�eed:. Lender m�y oce tl�e pnaeed�s oa rey�[�Qr restore the Propaty ar�o py ww
<br /> soau�aa by ud.secudty TnurumeM�wNaner or not ttkn auo. me�►parioa w:u ee;in when the nodc�e i.�iven.
<br /> Unlar I.eade�and Bormwer othawise �roe in writiq�. aog �pplicatioa af pmceeds to p�irreipd Rhall oot e�aad or
<br /> patpane Ihe due d�te of Ibe monlhlY P�9ma�ts�efetnod b in prragr�pAs 1 �od 2 or dungo tha rutount of tbo pqmeal�. If
<br /> qeder p�taph 2I the Ptoperiy ii�oquirod by I.eMder.Borra�a°a rqlM oo nipr i�aoe po8cies�rd prnaeeds taWti�frum
<br /> �ge W tfx Pt�gcrty ptiar ta thc sx�ui�itlan dial!pus ta!�'r W tls:a�cte�st of tl�c s�c stau+e�by tls�Saxfsit�►�
<br /> iAr�edi�tely prior W the Aoquisidon.
<br /> 6.Oaupwcy.l�arv�tion.MsM�aMrwe aud Prntectlon ot tlie Pta�edy: Borra�er'�Lwn Applkatio�;l.�eJiold�.
<br /> Barnower ahall accupy,euablisfi,und use the Pmperty as Borrower's princip�l rcsidenoe within ai�cty days�fter W axowtion of
<br />• this Savrily ItWnunait and slull cantin�e to occuPY�p�nY av Bomnwer's p�ioeiyp�l raWenoe fot at lesst one yaa dL�r
<br /> Urc date of aocupw�cy.unlesc I.ctder otl�crMise agroes in wridng.which oo�sR�C! u+ot bo unreaso�bly wit�i.ar udess
<br /> ext�wting � euict which ue beyond Bormwer's conaol. Bormwe��taa11 not destroy. dam�e a' i�i�dre
<br /> p�operiy. Wlow tha Property to deteriorate.or oommit wascc on tfie P�opaty. �drio�wa stwll be in default if�ny farfckure
<br /> t�,,�io�or proceeding. whdher dvil or crimiml.is begun that in Lender's good fai11�Judgment oould rcwlt in forfeiture of the
<br /> P�v�erty or aherwise m�tedslly impair the lirn crcsitod by this Securiry instmment ar k.ender's sacur�ty interest.Bomower may
<br /> cure auch a default ard reinstote�as provided in par�g�aph 18,by causia�ttie actMn or pmceading to be diamissad with a niling
<br /> th�t, in I�rnder's�ood fAi1h determinption, procluda forfeimre of the Horroww's in4ercst in the PropeRy ur other materipl
<br /> ' impairnKnt of the lien crcatod by this Sa��riqr Inmument or Lender's security inte�at. Borrower shaii�iw be in dafault ii
<br /> Bornower,dudng the loan application process,gave materislly false or(naccurnte inforn�etion or stetements w l.ender(or tailed
<br /> to provide I.cnder with any mAterial inforn�ation)in wnnation with thc ban evidenced by the Notc, including.bW not limitod
<br /> tv,representatiane ooncernin�Borrower's occupancy of the Praperty aa u p�incipal tesiclence.If this Serudty ins�n�ment is on a
<br /> leasehold. Borrowcr shell oomply with all the provisions af the lease. It Borcowor acquires fee t�da to the Property. the
<br /> lencehold end thc fco tide shall not merge unless Lender agrees to U�e mergcr in wridng.
<br /> 7.ProtecHon of I.ender'A Rig6ta In the Property.li Bomower fa+ls to perForm the rnvenants and agroemenls contairod in
<br /> this Socuriry Instnimen�, or Iherc is a legal proceeding that may significantly affect Lender's rights in the Propeny(such as a
<br /> proceeding in bankruptcy,probate, for wndemnation or forfeiture or to enforce laws or reguletions). �hen Lender mey do and
<br /> pay for whatever is necessary to protect the velue of the Property an�i l.ender's r�ghts in the Propercy. Ixnder's actions may
<br /> include paying any sums secured by a Iieo which has priority over this Security Instrument. appearing in court, paying
<br /> reasonablc attorr�ys'foes and entering on.Ihe Property a make repairs. Allhough I.cnder mey tako actbn under this parag�aph
<br />- 7,L.ender dcxs not have to do so.
<br /> Any omounts disbursed by Lender under this paregraph 7 shall become additianal debt of Bomower secured by this
<br /> Securiry Instrument. Unless Borcower and I.cnder Agree to other tertns uf paymcnt,thcre amounts shall bear interest from the
<br /> date of disbursement et the Nate rate and shall be payable,with interest, upon notice from L.ender to Borruwe�requesti�g
<br /> Payment.
<br /> 8.Mortgage Insurance. If Lender required mongage insurance os a ronditbn of making the loan secured by this Securiry
<br /> Instrument, Borrower shall pay the premiums required to maintnin the mortgoge inxumnce in effect. Ii, for any reason, the
<br /> moRgage insurance rnverAge r+equired by l,ender I�pses or ceases to be in effect. Borrower sh�ll pay the premiums required to
<br /> obtain eoverage substuntially equivulent to the mortguge insumnce previously in effect, nt a cost substnntially equivelent to the
<br /> oost to Borrower of the mortgage insurnnce previously in ef�ect. fmm An ultcrnutc mnrtgage iosurcr appraved by Lender. If
<br /> substantially equivalent mortgage insurr►nce coveruge is n�x available,Borrower shull pay to Len�3er e�ch month a sum equol to
<br /> oae-twelflh of the yearly mortgage insurnnce premium being puid by Borrower when�he insuron��e ec►verage lapsed or ceased to
<br /> Se in�e£fect. l.ender will acce�t,u�and retuin Ihese puyments ns a luss reserve in lieu of mongage insuranc+�. Los.c reserve
<br /> Form 301B �/80
<br />= Pp�3 of 8
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