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<br /> s. w.ra oe Pt�p�t, Iaar..a. ea,�o.�ar �1� irrap wo �m�oven,.a. now'93pL� ���,a,a+1�. �
<br /> PmpatY iawrod�inat toss by tiro�Fuiraeds 1ncN+ded wilhin tta term "wctad�d oowrye'�ud�ay otAa�Iwrrdr� iMC1a1i�
<br /> flood�or fluodinj. far whbl�La�der roquina iawnnoe.Thl�inryrmoe drll be au�l�lnrd ia tbr�nouau�nd Mr dr�rled�.
<br /> th�t i.a�dar requirm.Tkie inwnnoe cu�ia providina the inwnuioo�tufl bq ulwren l+y Bc�trawer wbJact w L.eM��'��ppnovat '
<br /> which ihell not be wrenor�bly wi�hheld. if Borrower t�il�w mrltMrfn oovet�dacrib�d �baw. t,Ndu�p�y� at t,�ndw'�
<br /> op�ion,abWn nover�ye to pr+ntect Lender'�rlghu in�he Prupor►y in acuordurce with parynrph 7,
<br /> • All irownnoe poNcfn and �+enewtl��Full be�ocYpt�bk to t.ender md dMll includa N�twndMrd n�oet��e clwN, L�er�
<br /> - ehell hev�+the right to hald the polkin And rcnew�in.Tf l,mdK requtre+,R�xmwcr rhnll pr+vmpiiy;lwa M L�ender ell rceefsfte ef
<br /> P�Pnmiunu md t�a�awd notioa.In the evaq ot los�.Burrower�hrll�ive p�wnpl nolice w tbe fn�uneaa cvria and Lw�d�r.
<br /> I.ender may moke pra�t of los�if not mnde pmmptly by 8orrowte. .
<br /> ., Unleas Le�der md Bamnwer c�therwlae��oc in wdNn�.inwr�noe proceeda ehall be�ppliod t4 ro�tqtrdon on t+ep�in oP Ihe
<br /> Praperty d�nwgod. if the rcstoruion or repair ia oconomically fa�ible md LeMer'e cecurity is not la�senad.�I!tbo neRtbn�Noa or
<br /> nprir la not eooaomically fe�uible or I,eader's ucudty would be les�ied,the inru�nm�ptioi,�.rla�hRN�epplieil to the sutR�
<br /> - ----.— � secured by thia Security Imtn�ma�t. whether or not then due� with any exce�.c pAid w Horraaer. It Bur+rower�ndor�t the
<br /> - Praperty.or daes rwt c�wer wltl�in 30 daya a notice from Lendcr thot the iaeuraace c�rriar hea otYe�d to�ettle t cWro.tGen
<br /> - L.ender may coUoct �he inrurwx�e prooeeds. l.axfer may use thc pnoceeds w repeir or n�store the l�nopeny or ta pay aums
<br /> cavrod by this Secudty Instnunent,whether or aat then due.The 3aday period wil!begin wlum thB notice le givan.
<br /> - U�1css Lender and Borrower otherwise agnee in writ�ng. any appllcadon of proce�ds to principal ahall not eataad or
<br /> postpone the due date of�he monthly paymenq nef�rred to in pa�grapha 1 and 2 or changc the wnount oP tbe psyments.If
<br /> ,Y:•"� uMer puagraph 21 �he Property is aequlrod by I.etder. Borrower'a right w any ineurance poGciea and proeeeds tecWtiag kan
<br /> ;;: demege to ihe Property prior w the acquisition�Iwil pass W L.ender to the extent of ths suma cecurcd by thia Securtty inwt►vroa�t
<br /> � ;: immediately prior to the ecquisition.
<br /> n - ''�t� 6.Occu
<br /> poncy, Ares�rvatbu,Matatennnce nad PrWection of the Property;Borrower's I.oan Applkattoa;I.e�eeDoi/�.
<br /> ' .f., Borrower shall occupy. e�tablish.and use the Prope�ty as Borrower's principal residence wlthin aixty day�after the execution of
<br /> _ this Secu�ity Instrument and shall cantinue to�occupy the Proporty as Borrower's pdncipal reaidence for at least one year�fter
<br /> '�' the date of accupancy, unkss Lender otherwise agrees in writing.which consent shell not be u�u+easonebiy wlthheld.or unless
<br /> -'- eatcnuating circumstances exist which are beyond Borrower's control. Borrawer ahall not dcstmy. darnagc or impair Ihe
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<br /> - • ,:,,���zi.x' Property, allaw the Property to detedoeate, or commit waste on the Property. Borrower shull bo in default if ony forfeitur�e
<br /> - <<• '����.° � actian or roceedin ,whether civil or criminal,is
<br /> `...�. p g begun that in Lendor's good faith judgment cautd naulc ln forfeitun of tbo
<br /> •� � ' ►u.:��;'. . � Properiy ar athenvise malcrially impair the lien created by thia Security Instrument or Lender's security interest,Horrower m�y
<br /> r.;�': ''.�*�:�;.:;•���^!�t.
<br /> ,, , �,�a �� cure auch a default and relnatate.as provlded in paragraph 18,by cauaing the action or proceeding to be dismiased aith a ruling
<br /> �, �'��"'r�-t stsat. in Lender's ood f�ith dctarminatian. TZCIi7QCS �BTFCitilti. af the 33arrower's interesi is tt� F:
<br /> .�ri���-��''F`,:t�,. q° � P ope�iy tK'c�c:i uu�tar4�t
<br /> •i�- � �, t.i,�,1�.j impeirmem af the lien created by thls Securlty Inatrument or L.ender's securiry interest. Borrower shalt alsn be fn default if
<br /> �'�!' �'�' '� `°'�� Borrower.during thc loan applicatian pracess,gave materlally felse or ineccurute informalion or statements to Lender(or failod
<br /> - ' ��4 ` ."J �' ' to provide Lender wiih any materiel information?in connection with the loan evidenced by the Note,including.but not limited
<br /> � ' • to,representations concerning Borrower's occupency of the PropeKy as a principal r+esidence.If this Secu�ity Instrument is an a
<br /> ����'`' leasehold. Borrower shall com 1 with all the rovisions of the lease. If Horrower ac ui�s fec tide to the r1 . 1he
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<br /> leaschold and the fee title shall not merge unless Lender agrees lo thc mcrger in writing.
<br /> ' .. • 7.PrMectton of I.ender's R(ght�in the Property.li Borrower failx to pe�form the covenants and agrcements contained in
<br /> ,. this Security Instrument,or there Is a legal proceeding that may significantly affect Lender's r�ghta in the Pmperiy (such av a
<br /> .� „.. � , .� praceeding in bankruptcy,probute, fi►r rnndemnatian or forfeiture ar to enforce Inws or regulations), thBn Lender may do and
<br /> � „ pay for whatever is necessary�o protect the vulue of the Property und L.ender's righta in the Property. Lender's actions moy
<br /> �` � include paying any sumx secureJ by u lien which hos priority uver this Security Instrument, appearing in court, paying
<br /> � • reasonable attorneys'fees and entering on the Property to make repairc. Although Lender mey wke action under this paragraph
<br /> � " ' 7,Lender dces not have to do x►.
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<br /> Any amounts disbursed by Lender under tltis puragraph 7 shull become additionul debt of Bc�rrowtr secured by this -
<br /> • • . Security Instrument. Unless Burruwcr and Lendcr ugrec to other tem�s of payment, these amounle sh�ll bear inte�st from the
<br /> � '�r•••,;,,y,,: date of disbursement ut �he Note rate and shall be pnyable. with interest, upon notice Prom Ixnder ta Bomawcr requasting
<br /> �';' payment.
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<br /> • �� . ' 8.Mortgage Itscurunee.If L.ender requin:d mongage in�urunce uti u condition of muking the luan secu+ti�d by this Securiry -
<br />., ' � Ins�rument, Borrower shull pAy the prcmiums tequircd to moimuin the mongugc insurance in effect. If, for any reason, the
<br /> mortgage insurance coverage required hy l.ender lapses or ceuw;s t�i he in effec�. &�rruwrr,hull pay the premiums required to _
<br /> � r - ' obu►in coverage substantiolly equivalent�o�he mortgage insurance previnusly in cffert,at a c��s�rub�tantially equivalent to the -
<br /> � ' " .: cost to Borrower of ihe mortgage insurance previously in eftect, frum an altemutc mnrtguge insuRr approved by I.ender. If
<br /> � , substuntially equiv�lent riuingage intiurancc c��veruge is n�H avuiluMe. &�rruwcr shall puy tu Lendcr euch month u sum equal w --
<br /> ' •�•�•'t one-twelfth of the yearly mortgage insurrnce premium bcin�: puiJ hy&►rcawer when thr imurance coverage lupsed or cwsed�o -
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<br /> y ;' � be in effect.I.ender will accept,use and retain�he.ce p•ryn�entti as a los, rc�erve in lieu of monguge insurunce. l.oss reserve
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<br /> `"�'', Form 3028 9190 -
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