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<br /> - - . • O���tWiL��l�OdYA�fiCl�lY. -�It i�IG�O��SSr�EE 3�C�D011CC t0 LilE�fl�lOG�L�.� �.��z-
<br /> � I.aide� I3encTea may make proof of lasc if mt inade p�oatpt�Y p!Y�a . ` � .
<br /> - . jTi�ss t:ende�and Bom4w�otl�awise�agra tnt writing,msurmve p�ooeods s6�D be�ppliett to nsto�ian or iepia af ` .
<br /> � the Propecty daau�ed.'if tb restaarion ar iepav is ooa�omicalty fe�si'bk aad l,ender'§st�airity is not Iesseaed. ff d�e
<br /> . .�.a�pair is not 000aamic�n�l feu�'l�ie ar I.eadr��eea�y�rould be IGSSpnod,tbe uwampe Pioceeds s(°all be .
<br /> �_ a�spfitd#fl�e smac.secuc�ed`bx�is Sac�ity�Ins�tmen[.afieltier o�noC9�'doe.vri�h aay ex�ss p�ad�o�ac�nv�rer. If .
<br /> . ' BoimRrar�ndoas tLt Atnpeny.or does naE a�wer w�6in 30 days a�aotice fnom I.ender tbu tbe fintnaa�oe cu�ia•Las
<br /> � affe�ed to seute s cla�'Wm�.a�de�faaY c�oUeat tbe;iu�uaa�x pca�ceed.R I�;oder may use d�p�0000ds to tep�ir ot t�es�ore �
<br /> ' !1�Pf�opatY a`to pry sam�secoied by tbis 5eauuy�w�ether ata�a�t theadioe. �he 3Q�fay period wiD tiegi�wbea � .
<br /> drc noti�,is given: � � , • • . � • , ' ,
<br /> , vntess i.e7naer aua sarower•ot�e�e agree in wridng,auy apptica[iun of pmceeds m piio�at sYga noc ext�d or
<br /> postpo�r the due date of the awotbly payments refemed to m�hs I and 2�clr�age Poe aawimt of tbe payn�nu. If
<br /> ��aer puag�pb 2l t6e Property is aoqtared 6y Ixnder,BomorRrer's rigta m any iusoranoe pol�es ana pmc�eds�g
<br /> fta�ri da�nxge w tUe Ptoperly pcior m tbe aoguisitioa s�ll poss to I.mder to t6e cxt�nt o�f d�a sum.fi sectu�ed b'�r dps Securiry
<br />=_- � �au�ay pci«w tbe acyu�sieion. • ` - , .
<br /> __ . . . f. Qcoup�acy,,'Pre�vaBoe� Ma�te�adoe aed Prutectl�e d We Pnoperiy, �arcower�s i.p�n App�;
<br /> - = � . l.�ebold�. Borrower stialta�cupy.eswblish.and ace tbe Ptape�►as Bormwer�s�ieside�witLun souy days after -
<br /> the execuaan af this Sectrriry Luu�anmt aod shaU continue to axvpy tl�e Ptupeny as Bomower'�Princip�l r�sideaoe far�t ,
<br />_ == teast une year after tbe d�rc'� occup�ncy. unless Lender othetvvise,ag�ees itm writing. whicfi canseM abail not be
<br /> - � �nnasonably witbhelA.ar unkss extenwting chcua�anca e�cist whicb�ar bryoad Bormwer's cuntmL��orrower shaU not
<br /> , `� ��Y•�8a or im�air th�Pmpe�ty,allow thc Pmperty to deGeriorate.or commit waste o�t tfie Property Bamwer sl�att
<br />; be in defanit if any forfelaue acti�or p�ooeeding.wliaber civil or ctimiaai.is begw�d�aot in l.en�er�s gaod faitb jt�nent
<br /> _ - - — cauTd tesuIt•in�iit'eit�c+e ot tl�e"PFoperly or off�mvisc�ertaliy impair the liea cceated by this Sa�arity i�umeiu ct : `
<br />- . . l.ender's savriry inteies� liocrower may cune such a default and tieinstat�as�rovi.ded ia paragraph 18.by cansing the action
<br /> or proceeding tn be dismissed with a iuling t6at.in Lender�goo�faiih deteiminauon,p�clades fosfeiaue of the Borraaerh
<br /> � inoerest in the Ptoperty ot other mattrial im�t of the lien c�eated by this Securiry Irtsuument or l.ender*s securiry
<br /> ..�,� ::�; inte�st. .Borrower shall atso be in defatllt if Bormwer, tha loan ticatian ve materialt false or .
<br /> --_, `�'. � fnatxtuate informadon or state�ats w I.ender(or fa�ed to pmv�'rdc l.ender with�aay rnaterial�or�)in coiau�ction wIth
<br />.-:.�,.., tue loar►evide�cod by ihe Note, including,bu[ �wt limited w. nepnse,ntadans oareming Borrower§occupancy of tl�e .
<br /> Property as a principa�z+esideacx. If this Socur�ty Insp�ument is ot�a leasehold,Bonoyver shall comply widi all tht provisions
<br /> _ of the lease. If Bottdwer acquins fee title to tLe Ptoperty.the h�sehold'and the fee dtle s1�a11 iat merge unless Lendec ag�eas
<br />_ . , _- . w ihe merger in writiag. ,
<br /> - _.. = �`"_ T. Ymtection ot Leqder�Righb in t6e Pmperty. If Boirower fa7s to perform the cov�arr�and agr�oe►nents
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<br /> . �F..,r . cantained in this Security Instrumen�or theae is a legal pioceeding that may significantly affect I.ender5�rigtna in the
<br /> . �;.:�.:..,.. ' ., . Prope�ty(such as a prnceeding in banlcruptcy.Pro6ate.for co�ulemnation or forfeiturt or to enforce laws or regulations?.then =__--
<br /> ' . , l.ender may do aad pay for whauwer is neces.cary to pcot�ct the value of the Prop�hrty and l.ender's rights in the Property. � --�-
<br /> , ": ,, ' . .� . Lendcr's actions may include paying any sum9 secured by a lien which has prionty over this Securiry Inswmen�aPP6�8 �a�:-•:
<br /> . : in court,paying neasomable attomeys'feeg and enteriitg on the Aroperty w make repairs.Althougtt Lender may take action ��>���_
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<br /> ��,��;zr'� :�' '. • u n d e r t his paragraph 7.L e n d e r d o e s n o t l i a v e t o d o w. -�--:��;�
<br /> - ``''- -`� �"�� Any amounts dlsbursed by l.ender under tfiis paragraph 7 shall become additional debt of Bomuwer seeured by this ' -"
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<br /> — .�•.�" ���.:"�°:r�;, Security i�aumen� Unless Harrower and l.ender agree ta other tera�s of paymen�ihese amounu shall bear interest from tLe '�:`�'�-',-.�-"�':
<br /> °� --�:�-,__ -..:::�:: �-��� --
<br /> � . , . date of disbnnsement at the Note rate and shall be payabte.with interest.upon nolicc imm Ixnder to Boaowet rcquesting • .`
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<br />_ . ��-'. �' ,: _ Mortgage InsuraneG If I.ender required mortgage insurance as a candition of making the laan secured by this •• ,�:,. � '
<br /> ' z,=,;,; _ ' Security Mstrument.Borrower shail pay the premiums required to maintain the mortgage insurance in effect. If.for any • . •�
<br />;:�;. ��.� �. � reason. the mortga�e inwrancc coverage required by Lender lapses or cea�es ta be in effect. Borrower shall pay the ' : '�._.
<br /> _ �-1�;�_,;_..,, ' ., p�emiums required to obwin coveruge substantially equivalent to the mortgage irisurance previously in effeci. at a wst : -«
<br /> � �substantially equivalem to ehe cost to Borrower of ihe mortgage insurance previousty in effect,from an aitemate mortgage -'��w..
<br />- .� - � ' ' , insurer approved by Lender. If substantially equivxllent mortg�ge�lnsurance coversge n�rot available.Bo�rower shall pay to _i�';�`'__
<br /> •� .�;:-�'�•;;,.�, . � ; � I.ender exh month a sum equal w onc-twelfth of the yeariy mortgagc insurarrce premium being paid by Borrawer when the . ."`;'-3
<br /> _ �� =+� . ia�urance coverage lapsed or cea.seA to be in effect. Lender witl accep�use and retain thesc paymerit4 us a los.g n�serve in lieu . ::°'—
<br />-�'' �' �� _-_.,;%;�:.--,�;� . of nwrtgage insurance. Loss rescrve paymen�c may na longer be reguioed at the option of I.ender.if moRgage insw�nce , . ���.�
<br /> . ' covernge�in the amount and for the period that Lender reyuires)pruvided by an insuter approved by l.ender again becomes , • .+-
<br /> � � , • - availabie and is obtained.BoROwer shall pay the ptemiums required to maintain martga�e insurance in effec�or to provide a -. -� ,- -
<br /> ;' '` ` loss recerve.until the reyuirentent far mart�ge insutnnce ends in accordancc with any written agreement between Borrower
<br /> ; . :, • � , - .. .._
<br /> ;� _°'.,�::. ,,�. ,' ` �nd Lender or uppiicable law. -;
<br /> � . '.;}�:.�: � ' 9. lagpectioo. Lertder or its agent may make t�easonable entdes upon smd inspecti�ms of ihe P�operty. I.ender shalf �
<br /> :� ' , • Sive Borrower notice nt the Qme of oiprior ta an irnpectton specifyin�raixonable rautie for the in!cpection. •
<br /> �� - - • 10 Caidemaation. The proceeds of apy award or cktim for danwges.direct or contiequentiai,ia connectivn with any .
<br /> � .-� ~~.�. � ' . Single�amily..�amk MaetFindAk Mae UNI�U1tM/:�37'Rl;:tfENT••Unifoem Cavaranee 9l90 lpage 3 nJb page�J .
<br /> �+' . . _.._._.
<br /> �. '~��'`r • ' , foOMe►C�t 8�06G�909CI O FA1f 81•9P1131
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