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<br /> i. 8� �r rwpMly r.wn�oo.. 8o�e+cwror .atl� Iceep ab impro�� no�v exiidas or�a�e.nar encwa oN an ��
<br /> Fra�ty Inwnd y{�nt low by 8ro.tu�ra�d�tacluded Mithfn th��am"ealaded wve�e•�ed�ny o�he►bw����dud�pi
<br /> � Aoad�or fioodini�.tot which La�der reqpi�i�ue�noe.7Lir ina�r�nae alull be mainWned In the�mounea md fiortbs peria�
<br /> drM t�d�nquine�. '['bie i�wvma a�uriar provWinj die lauraaoe�iWl be clw�en by 8omnwer wbJect ta l.ender's�pprov�
<br /> �vhieh�hYl not be wuiwonrbty wi�6held. If sonuwnr tdb w rodnuin oovera�a daaribed�bove. L.�ndw mq� �t L.e�ier�
<br /> aptba,obu�in cuva�ei to qntea l�dm's ri�ha in the Propaty in�acand�noe wlth paynph 7. �
<br /> A!1 irwurance polkia Mnd e�ew�l��IWI be�ooep�ble w l.enda and�hall include�wr�dud mort�e olau�e. Laidar
<br /> �Iwill hrve d�e risht ta lald the policia aad�a�ewd�.�t l.ender roquf�e+� Borruwu�iuil PromptlY�ive w l.ander dl reoeipu of
<br /> p�id pradurtui awd retnwAl nollces.In ihe evsnt of low�Bnrrower�6r11�ive prompt rotioe w tbe incuranca cr�rier ard Le��der.
<br /> I.eodet tnry mdca proot of loa if not m�do P��Y�►Y���.
<br /> Unlaa[ra�da�nd Bomnwer a�l�wlse�roe in wridn�,i�►atanoo paw�ai��1�11 be�pplied w ratoration or eq�ir o!the
<br /> Propaty d�au�ed,if the�atorWon or c+ep�ir i�eoonomk�aliy fauible aM Lender'c Recudry is not laaened.If the ratoration or
<br /> repair is not ecanomically fauible or L.ea�der'�sewdry would be les�anod. the imuranca procaods dull be�ppliod w the�aau
<br /> socurcd by thi� 3ocudty Iostrument.whdher or not then due. wiW any eaase prid w Hoimwer. If Bonoww ab�ndo�u t4e
<br /> Property.or does oot aocwer wlthin 30 dsiys r uaioe from I.eoder dirt t6o itwuan�e ca�xie�d�s offe�oci to sdule a c4iina.d�en
<br /> nuK na�y caliact If�e inwranoe pmooe�ds. I.a�der mq ute tlie p�ooeeda w r�ep�ir or restaro t4a P�upaty or to p�y au�
<br /> aa.yrad by thla Sacuriry Inepump�t.w6d4er or not�hen due.'ILo 30��,t�y period wiq 6egin when the twtloe b�ivea.
<br /> Unlas I.eader aad Bormwer otherrvlse �gnoo in wriW�g. any applic�tlan of prucaods ta,Qrinaii�'st�t.mt extea�d or
<br /> postpone the due d�te of tho momWy pavments referrod ta ia ptuag�s 1 and 2 w ch�n�e��buait W1'•the pctYmd�Aa• U,' � ; ;..
<br /> '`�.� �" 'wlder p�wph 2!tha Prc�petty ia�u�rcd by'[1ender,'Bakmwtr's rigN ta�ay��iolvar�noe�a�licies and prc�coeda nesuldng l�xcuea
<br /> �_._��i� �. '���;xO��''4�Y Pr�or ca tha ary�oisinaa rbAli�a�,rader to zbe ex�eut of+�be wn�secured by tlda Secudry Iasaun�l .
<br />_ _--__-- iaimcdiu¢dy prior W ti�e ucqui�ition.
<br /> ---� rYi ,
<br /> ,��°.�,� 6.Qca�,pwie9�1�+aervANo4,MaGptsaauce and P�ntectloa of t�e Property;Borrower's[.n�w A�p1ia�Noa;Laxe4aldQ. `
<br /> ___ _�rr4w�s:�l , B(!1'I+ONNpT STiAI�OCCU�I,establiah,and use the Property ag Barrowcr's pdncipal residenco within si�cty dayt aRer the execuNon af '
<br />=-� ----��':,'•"„�� . this Security I�s�and shall contf�ue to occupy the Property as Hornower's principal rcsidence for at laist one year wfter
<br /> ___ the dote of ocxupwney.unless L.ender otherwise agtas in wrldng.whieh consent chall not be unneACOtwMy withheld.or ualea9
<br />- — extenuating clrcumrtancxs exfst widch am beyond Borrowcr's control. Horrowcr shWl not dcstroy. demege or impair the
<br />- Prope�ty.allow the Pmperty to deteriorate. or commit wASte on the Propeny. Horrower shall be io default if Any forfeituro
<br /> action or proceading. whether civil or crfminol, is begun that in Lender's good f�ith judgment could rcault in forfeituro of�he
<br /> - Prope�ty or wherwise mued�lly im�wir the lien craued by thia Sixurity Imcrument or Lender's socurlry inte�t.Borrower rnsy
<br /> - — cure wch�defauh ond�einstue,as providad in para�raph I8.by causin¢tho oction or proc�eding to be disnds:ad with a rulin�
<br /> that. in Lender's Qood i�ith determinrtion, procluda forfeiturc of the Elorrower's intenxt in thc Property or o�l�er m�tc�ial
<br />-- — impaim�ent ot the flen crostod by lhic 5ecurity Inctrument or LerWer's sxudty Mter�est. Borrower shrll sl�o be in defiwlt it
<br /> - Borrowe�,du�ln�the lan application process,gavc motcri�lly falcc or inaccur�tc infornia[ion or stAtcm¢nts to L.ender(or fiiled
<br />_ W provlde L�ender with nny owteri�l infarmatian)in rnrmation with the loan cvldencad by the Na�,includinQ. but n�t limlted
<br /> to. r+epresentationr rnnarning Barnnwer'r a�cupwuy of�he Property as a principal residence. If this Secur�ly Instrument i�on a
<br />- leasehold. Borrower shAll oomply with �11 the provisions af the lesise. If Borrower�cquin� foo dqe eo�ho Propeny. tho
<br /> lesseho�d ud the fee title shall not mcrge unlcss Lender agroes to the merger in wrlting.
<br /> 7.Proteetioa ot Lender'�Rigbta in the Propaty.lf Horruwer fpils ta perform the covenonts end agraements oontainod in
<br /> this Socudty Instrument,or there is a Iegal praceeding that may si�nificantly affcet Lender's rights in the Property (such ac a
<br /> prooeeding in bankruptcy. probate. for wndemnation or forfeiture or to enforce lews or regulations).then I.ender rtwy do and
<br /> `�� pay for whatever is naessary to protect the value of the Property and I.ender's rights in the Property. L.endor's sctions may
<br />_ �,;� includo p�ying any sums secured by a lien which has priority over this Securiry Instrument. Appearing in coun, paying
<br /> `''�i� trasonable attomeys'fas and entedng on the P�openy to malce repairs.Although L.ender may take action under this Qaregrnph
<br />-'� , � .;:�7�i'��'=�' 7.I.enderdoes not have to do so.
<br /> �i?'at� ` {��'� "��� Any amounts disbursed by Lender under this paragraph 7 shall becotne udditional debt of Borrower secured by thls
<br /> ;,,gr, ,; ' �'
<br />_-'` ;� � � Security Instrument. Unless Borrower and[.ender agree to other terms of payment, these nmounts shall bear interest irom the
<br /> I r ��`�"�}i`•`: d ote o f d i s bursement at t he Note rate a n d s h a l l b e a a b le, wit h interest, u n not ice fram I.e n d er to Horrower ues t in
<br /> .� ,,;,;,�. P Y P� �9 S
<br /> �-�r;:�;,� paYment.
<br /> :. ry."�r�"•,,.
<br /> ` '���`�%f� 8.MortgAge Insurance.If I.ender required mohgage insurw►ce us u condition of making�he loan secured by this Secutity
<br />:� � ;��..�ati
<br /> �.� �.� , Instrument, Horrower shall pay the premium.c required to maintain the mortgage insurunce in effixt. If, for any reason, the
<br /> •�'�". mortgage insurance rnverage required by Lender lapses or ceases to be in effect, Borrower shall pay the premiums required to
<br />_: • ,,.�.~�� abtaln coverege substantially equivalent to the mortgage insurunce previously in effect,at a cost substuntially equivalent to the
<br /> _ cost to Borrower of the mortgage insurnnce previously in effect, from un allemate mongage insurer�pproved by l.ender. If
<br /> .,:,.: ..--,---��`=a"' substaNiall uiv�lent mort a e insurance covero e is not uvuiluble.Bormwer shall a to[.ender each month a sum e ual to
<br />-- �. i' -' ' Y e9 B 8 8 P Y Q
<br /> = � ;;+��•�`�'•� one-twelfth of the yearly mortgage insuronce premium being paid by Borcower when the insurunce roverage lap�ed or reased to
<br />— _':a:.��c,a.-�_
<br /> - be in effea. Lender will accept,use wid retain lhese puyments us a los� reserve in lieu of mangage insurenre. Loss reserv�
<br />'• Fam 3028 9/80
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