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<br /> ��...,:;�►�s „ ,; n _____—�_..-------._ �� '.� ' �.:�_r.
<br /> -- --- /. N�■�i �r l�wwi! 1we�ee�. Ilorrower �ull k�ep th� impnovaanaks oow� ur��wfter�ie�d a�t6s
<br /> AooiM or buodlM��for whidi bl.�br nquin� imu�aon�'t�iawnnoe dwll��dnttdned in dN�o�ouM��wrioi� .
<br /> dW I�rM �vqwln�. Tla iiw:�c�uniiw pQ+nvidin�the imur�noa slu�ll be cl�aan by Horrower wbJxe a[.aKier'�p�p�ovd
<br /> wMkfi drll rnM bt uan�owbly withha�d. It'Borrower f�ib w uwi��Wn covera�e deecribod �bove,L�ender nyy.at I.adr's
<br /> uptlun,abl�ln a�vetye w ptaleci Land�r'�d�hu in thc Pnuperty in acco�drnca wlth p�raph 7.
<br /> All INwnw�c�polkia �nd ronew�l� �11 be �oeptabl�w L.aidei u�d�ha11 inciude a uand�id mo�t�e cl�uie, L.a� .
<br /> __,_�� �lal)1wv��he d�IN�u hatd Ih�policia�nd ronewdA.IP Lander requiroa,Bortower ihall Prort�tlY�ive to Lender all r�cacipu o!
<br /> i�P�w��rd renewd notica.In Ihe went of lac�.Borrower ihall�fve prompt notloe to the inwrance caafer and L�oder. .
<br /> L�Mt n��trk�e proaf of lou i f not rn�dc premptly by Born�wer.
<br /> Unlwr t.�x3er rnd ik►rrowa al�erwl�c a�roc in writin�.inwrmoe pr0000ds�lu�ll ba�pplied to rcuontion or rop�ir of the
<br /> �n�ty dNrnyod,If the t+s�unMion w trpdr!s eoonondcally featible ud I.end�r's�ecurity i�rat le��ed.IP the eau�ratioo or
<br /> - np�ir i�na�r»�HniwtJly feuibb ar l.enckr's�eauriry wouW be la�ened.the insurana prooeodi sfull be applied to the wmi
<br /> w�w�wl by Ihl�SKVrily Inrl�umeot. wbcther or not thca due. with �ny exceas p4id w Borrower. IP Bonnwer �b�ndoa�the
<br /> I�n�peAy. �w doa�no�wuwer within 30 dayi x notice from l,ender ttiat ihe inwrAncc c�er Iw�offahd w�dtle�cWnn.tl�u
<br /> L�Mr nwy collai Ihe Insunnco procaafs, L.eader msy uso tlb prnceeds to repair or rcstoro tha Propaty or w pRy wp4a
<br /> rKw�t+J hy Ihl�S�cvNty I�trument.whetF�er or not then due.The 30�ay period will be�in when the notice i��iven.
<br /> l�nl� I�ender�nd Bortr�wer atherwlee a�rca in writing, Any appiication of proceeds to principal slwll rwt e�ctend or
<br /> patpnne the Ju� dMe at tha mont6ly pymenW roferrod w in pu�rAphs 1 md 2 or change the amount of�he paymenu. If
<br /> und�►pwynph 2!q�e Pcopeny i.acqulrod by Lerder. Borrower's right to nny ineurance policies wd pr000eds rrwltin�from
<br /> _ -- dama�o tn tho P�+cspeRy prior to tho acqui4iNon rtWU poea ta l.ender W ti�extent af the wms cecured by tUi4 Soptr�ty Lubvment
<br /> = imnwdlately pdur w Ihe�cyui�ition.
<br /> - _ — i.Uaup�acy�Pn�rerv�lMia,M�Iraen�nc��nd P�+utaiba of the Propa4yi Borrower'R Loan Applkntion;La�rdioldo.
<br /> � pnrn�wer�Iwll�a:L�upy.awbllah,uul use thc Propetty as Bamawer's principAl residence wlthin sixty days Aftrr the exuution of
<br /> - lhis SocuMly Imtruman Nxl�hall rnntlnuc to occupy the Property As Borrower's pdncipal r�idrnce for at least one year�ticr
<br /> - �he J�e�►i'�x�cupwn�y. unles�l.enJer�Hherwirc agrccs in wrhin�. whlch consent sholl not be unrcasaiwbly wlthheld. or unless
<br /> e�lctw�lfn� rinvnwux� �Nic� which ore bey�xui Bomowcr's caMrol. Borrower al�all not destmy. damage or impair the
<br /> Pn�etty. dl�iw 1ho Pn►perty tc�dcicdnmtc,or commit ww�e an �he Property. Hnrrawer siwll bc ln default if any forfeiture
<br /> = w9i�►n nr pnkroalinp, whelhcr civN or rdminnl,ix begun that in Lcncier's gaod fafth Judgment could ncsult in forfeituro of�he
<br /> _- !'mpedy�x�Nh�nvl�e mweridly impylr Ihe Nen crcatal by thir Secudty Instrument or I.euder's security jnterest.Borrower may
<br /> rurv wch�defwh u�J rcfn�Iwe,a�pmvWod in porngmph I8,by causiog the action or proeeeding to 6e dismissed with a ruling
<br /> :�:' !!t�l. !n !._�ss#sr'� �s! (a!t!s dessrminsslon, �
<br /> prxl�sles far!'sitns�of slse 9osno�.�r's is:stsrss in she Proptrty or oiha ss�ta3a!
<br /> ��A impafrn�c�l of d�e Ikn .rr�tn! by ehir Sccurfty In�.�rument or L.eruler's�security interect. Barrowcr ahall also be in default if
<br /> ��rn►wer.Ju�inQ �he I�Mn��lica�i��n pmce�x, gave m�uerially falFe or lnaccurnte infortnation or siatements to Lender(ar failed
<br /> Y ; U�pnwf�k I.enJrr wllh eny nWterful inP�iionl in ronnec�ion with the loaui evldenced by the Note.including.but nW limited
<br /> tu,reprc�e�NnU�mti awxxmin�Wxniwcr'��x�cu�ncy nf the Pmperty a�a principal residencc.If thls Socurity Instrument is on a
<br /> ;; Ic�h�►IJ, &Kmv►cr AI1YO c�xnply wi�h ull Ihc pr��visi�ns uf ihe les�se. If Barrower xquires fee title to the Property, the
<br />`�': Ie�MNd unJ Ihe fir lille�hull n�d n�ergc unlea.r IAnJer agrcr.r ta the merger in w�iting.
<br /> 9.Pr+uterlbn af I.endcr'K plRhlr fa the Proprrly.If Borrower fails to perform thc covcnanl�and agreements rnntained in
<br /> `•: � Ihf+. Sucuri�y InMrun�enl,�+r Ukrc i�u Iegul pr�KCaling �hat nu�y significanNy affect l.ender's rights in tt�e Properiy(such as a
<br />__ pnKeplinR In Itiu�kruptry,pn�lw�c, lur rm�larnw�i�m ur linfciturc ar tu enfarce laws ar regulsUions),then L,ender may do u�d
<br />= ., p�y fi�r wlw�rvcr i+nc�►��w►y la�pr�Hrrt Ilx valuc �►f ihr Propeny and Lender's rights in the Property. Lender's actions may
<br /> ;i� - ' inclwk �ying u�ty rum� �+atur«I hy u lirn whirh hu. pri��riry �wcr ihis Security Instrument, appearing in rourt, paying
<br /> -:� tre.+em�hlo wlr�xnryK 1'oc�unJ en�crinyt un�Ik Pr��hy lo mukc rcp�fn. Altlxwgh l.endcr may take aclbn under this peragrAph —
<br /> `` . 7.L.Cnticr akv niN Iwvc In do+u•.
<br /> ir +i�p. �' �►R. �``
<br /> if. �;�.�'� •.�,. Any anwwnt.Ji.hur.�yl hy 1�•�kl.•r u��lrr ihi, �:��uu��n � ,Iwll hcc��mc uddu�..sd debt of Borrawer secured by this
<br /> •� =.t� �,�'"�.�.•, 5ccuri�y Inunimem. Unle.. 14►r►uwe�airl L.iklrr uµnti t�►�wlKr�rmi, of payment, �hek anxwnts ,hall bear interest from the
<br /> �`�'�"""'"'� da�r uf JiuMuxnxnt u� dk N�Ne rute unJ +Iwll lu uMe, w•ith imcre�l, u m nntire fmm Lcnder to Borrower g
<br /> �j, ` ��:.�.�•+ =,:• IwY p requestin
<br /> � ��,.. _. ..�_ paYnxnt.
<br /> ;i , , 8.M�w1�i Inwrwn►-�,11 le�wler u•yulr.d nN�n f�•r}r iu,uraikr a. a raixlitiun��f making the lu•rn xecured by this Security
<br /> �r A..'":' - Inurunxn�. I�Hruwer .h�U ��ry IIw piruii�nn. r.�uir.rl a� nwin�ain ih� nN�rtgagr inwronrc in clTi*�t. If', for any reason.Ihe —
<br /> _i. �R +'�',�' nM�rlgujtc inwn�ikc ru�erauc nti�ufr.til h� 1 aiwl�•r la�v.��r rca.r.�u I+c in rll��.�. &+rraw�r�hall pay�he premiums required to
<br /> �;�;,,,,,,�.�::' ulNUin�Y�rer.��te wh.luut�alh �yuaul.m w tlk� nw�rtKa�tr �n.ur,�ik�pre���wrly in�I'1'�til.ul u ru�t wMtantiully equivalent to the
<br /> ''. """'.`, . cu�t lu li.►rn►v►cr UI IIIC IIN�IIkN�f�'m.muihc p�r�bai.l� m cll.��. If��tll LII Llll'fflJll' 11111f1!!J�ll' intiurcr uppmvcd by l,endcr. If
<br /> '� � Fo C
<br /> ��.. �� �. �uh.l•rntiully.�yul��Icm uw�nK•rK.•h�.w.uk.•����.•iaE����.�H��u�u�l�hlr.li��rn�aer,h•rll p•ry t��IAnder�ach month a tium equal to
<br /> .,i. ����c-�..�.. �1tIC-IN�IIIII�►� IIk• �ratl� uw ai�taKr m.m.�u.r p���imuni Ix��nH pr�J M Fw�rroaer whrn tli�intiurlinre r�weruge lapsed or reaced to
<br /> ' `:"•. . hc in eU�rt.Iwi�rµlll w.v��. ur•r�Ml re�rlo�lirw•pr�nkin,u. a lu.. reurvc in li�u uf nx►n�tuge in�uruncc. Loss reserve
<br /> � "� :�. ' � form 3048 91�0
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