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<br /> .. . , . 91 107256�
<br /> � s. eaa�a ar rtopeety re�easaa sorca�rr,r sbau laeep the impm�e�►�s ooc� exLsting or nereafttr e�tea on the
<br /> — ` ptupeRy insured qg�iast idss by fine.harsNs included within the seim'exieaded coverago;an6 any othes hazar�i.inrl�d�aS
<br /> � ftoods or ttooding,for wl�ch l�eader raluiies insa�ance.'l�is insuiance shall be maiatained ic�the aauxmts and for t�e periods.
<br /> _ • th�t�r,nder zoq�tres.Thc iawran�x carri�r pnoviding tke insvret►ce shal?be chosen by 8ocrower subject W Lettder's app;ravat
<br /> - wbidt shall not be unreasfln�bly vvithtre2d.If Sorrawer fa�'Is to maintain crovezage dcscribed above,Lender�ay,at Lender's
<br /> _ option�obtam cavcrage w protxt Lendet's rights in the P�opetty in accocdance with paragr�pb T..
<br /> - ---- All iasucanvc polipes and.renewals shall be aroeptab[e to Lender and sha11 incinde a standard cnortgage ciause. L�ender .
<br /> _�_.� .._ y�l h�ve the right ta hald the polic�a��aewats.I�Lsader requir�,Borrew�r s6all gmmptEy.give tQ�.ender aIl noeipts of� , _ _ _
<br /> paid pmmiums aad cenewal aotias.In tve event of Ioss,Borrower sLall give prompt natice tn the insurancr carrier and i�eadpr-
<br /> , � Laider may mal�praof of loss if�t made promptly by Bormwer. _—
<br />: :�: Unless i.ender atrd Botmwer atherwise agree in writing.insurancc proceeds shali be applied to restoration.or rep�ir of thee
<br />'.�':;:�:,- pcoperty d�m�ged,if t6e xestoration or r�epair is 000nomicatty feasibte and Lender's security is not Irssec�ed.If d�e testoration or
<br /> • repair is not eoanoaucally feasible or l.eader's seauity woutd 6e lesseaed,,t�e insuraa�ce pmceeds shall be applied to the snms
<br /> � ' ��by this S�urity Iastnuneat,whether or not thea due,with any excess paid to Borcawes. if�omnwer abandons the
<br /> -- pc�cpecty>or does nut answer arithiu 30 days a notice from Lencler that the ins�urance carrier has afferod to settle a ctaim,tt�en
<br /> I�ter a�ay collect the insurance Praceeds. [xnder may use the p�s w tepair or restore the Property or to pag swns --
<br />_ •� securod 6Y t6is Secuiity tasttument,wfiether or aot then tTue.The 30-day neread wiU begin when the.notice is given. —'
<br /> . "� :� Unless T.ender aad BorroweE othern►ise agiee ia writiag, anY aPPliw�on of pmceeds ta priac."tpai shall noi extend or .:°�_-_�.
<br /> ` postpone the Que date of the monthly payments referted to ia paragraphs 1 and 2 or change d�e amount of the paymec►ts.If �
<br /> E '.;._ .
<br /> . �.;= uader pa�agraph 21 the Ptu{�ecty is acqaired by Lender.Borrawec's right to any ituvrance golicies and procceds resul6ng fmm �`,-
<br /> e rior ta tke isitiqn st�ail Pass to I.eader to the extent of the sums secured 6y this Secarity Insuua�ent 4��
<br /> �.`:, dam� to tt�e Pru[�tY P � -•--_�-_
<br /> � `' � Imc�diatelY Priur ta the ac�t�es�iat� �'.' �_�
<br /> _ -�`- . 6.pcp�p�,�a.�1t�ivaae�ocx a�Protection of We Property:Borroveer's Laait Applicatton;l.easrbdds,. -'`�----_
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<br /> �-- . Boaower sbaii accapy,estabti`sis,aad usc the Fcuperiy as Borrower's principal residertce within sixt}�da�-s after the execution of.., ��`?�:°.�
<br /> .��t.-�..�
<br /> �:sc�':*,.' thes 8ecurity Inspument and sh311�oontimce to occapy the Property as Borrower's principal residence Eor at leau one year after -::�.--: .--_
<br /> ;.�.,. .. d�e dasc of oaupancy,uatess Lerider othe�wise agrees in writing,which cunsent shall not be�nrcase�ably wittilield,or untess
<br /> ' . -'� ` extemtatmg cir�c�[stances exist wtiich arc L+��ond Bornnwer's control. �8orrower shall iwt_des�'r,:damaSe or impair the —__-�--"�
<br /> P�vperty,allow'the Property,to deteriorate e�cammit wa�-te on the Property.Borrower shall tr_.i�ciefault if any forfeituse ' . '.,:�
<br /> ' sicteon or proceediag,wl�ettiet civil or crimi.�,is 6egun that in I.ender's good faitb,judgment w�:Y�czsult in forfeiture of the . _ •. ` �.`-.
<br /> ic
<br /> . ' . Property or otherwise materiallh'impair the L*'en created by this Security Instnunent or Ixnder's security imemst.Bomnwer may� ;'�:�';..'.a�e—
<br /> . ' ` �:,F;;. cure such a default and r�in5ta.ter ag provlded in paragraph.l8,by cansing the action oF p�ding to be dismissed with a sulIng ; .
<br /> , . ;:s � thae, in l.ender's�ad faitls�..��natios�.precludes forfeitut+e of thz Homower's urt�est in ti��roperty or other material ''• ..
<br /> ._s �C;:i : impa�mxnt of tfie:Irea createif by this Se�ri� Instrument or I.ender's secudry interest. Bomocves�'aall atso be in defaWt if ,: .�'
<br /> ,;,:;,,. . • .� ��
<br /> ;;�:;;i� • Borrawer,durir.g the laan applieation pradesc.�-ave materially false or craccurate infom�ation or s�t�ts to Lender(or failod ;,�,�..,. -�.r�.,
<br /> . �`� -• ;��., � ta pmvide I.ender with any m�etfal inform�::�r}i�canue�i�n with the loan evidenced 6y the N�e,including,but not limit� . . � . }".'
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<br /> �^ • to,cepresentations concerniAg Borrower's oce�paacy of tf�e Froperty as a principal residenee,tf this Seeurity Ir�t�c is on a :�
<br /> °.a,,., .. , .
<br /> ,. i''•{,: . teasebold, Borrower shall oomply with ail dee provision's of the lease. If Barrower acquires �"ee�tte to the Property, tlte . . ;,�`
<br /> ` ,.'�r: °a teasehold and the fee title shali not c�serge a�t�s Lcnder agrees to the merger in writing. a �. . � -'r�::`.
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<br />. . ��_ .�. •�t#. 7.Pratection of Lender's Rights in the Property.lf Borrower fails to perfotm the covenants�d agceetnents cantained i,� : •;,;, :
<br /> ��' '� �` this Sec�ri Instrument.or therc is a le al raceedin that ma si ficantl affcct Lender's ri hts irr�.'�e Pro �-' `
<br /> ��'� ;_,�`. ._�. • ty S P 8 Y SI►� Y S PenY(such as a . ;�.-
<br />. .:. procceding i�t banlwptcy,probate. for condemnation or forfeiturc or to enforce laws or cegulations).tFzen Lender may do anci • ;;•:��-
<br /> �+ ���� � � far whatevcr is neces to rotect the value of the Pro n and Lender's ri hts in the I.ender's acuons ma -•c:,::. ,
<br /> „ - -. PaY �Y P Pe Y S �nJ+• Y .>
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<br /> "::,:_.;:. ��. " include Qaying any sums secured by a lie�t which has priority over this Securlty Instrument. �pearing in caurt, paying �. .
<br /> ' • �-,��'i`.� ' r e a s o n a b l e A tt o r a e y s'f e e s a n d e n t e r i n g o n t h e P r oµ�t y t o m a k e r e p a irs.Althou g h Lender ma y taYe actian under this para gra ph ' , . �` __�_
<br /> . 'x• .'�i.. .. 9.i.ender does��t have to Qa so. ` ` �
<br /> �`� ;� Any amounts disbutsed by Lender under this pangc�h 7 sha11 hecome additienal debt of Borrower secured by this � +: : ° �'-_
<br /> �;;.; . . Sesur;ty Instrument. Unless Borrower and Lender agree cQ other tertns of payment,these amounts shall bear ir•�;,�est from the `,'___
<br /> ='� ' dat:of disbutsement at the Note rate and shall bc payable, with interest, upon nouae from l,ender to Borro��t requesting � . -' �r:
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<br /> ' . �:��":'���'•-� . 8.Mortgage Imvrance.If Lender required mortgage insurance as a condition af making the toan secured by this Security ?;.`:�`.
<br /> • ' ;,l;,,:�{J;�- Lc.v�nt, Borrower shall pay the premiums tequircd ta maintain the mortgage inurance in effect. If. for any reason.the :
<br /> �'. ; -��•_.��.;': mo:tgage insurance coverage required by Lender lapses or ccascs to 6e in effect.Botrawer shall pay the premiums reqnlred to �
<br /> � vJ��:t:,`.f..,". � ,
<br /> . = obtain coverage_substantially cquivalcnt to the mortgage insurance previou�ly in effcc�,at a cost substantially equivalent to the
<br /> . • "" ` � cast to Borro��ec of the mortgage insuranre prcvioucty in effect. from an altcrnatc moRgage insnrer appraved by Lender. If •.� ' .
<br /> . • ' substantia3:y er�uivalent moRgagc'snsurance covcragc is not availabtc.B�rrower�hall pay to Lender each month a sum cqua}ta •
<br /> ' . aae-tw_]fth aE tf�e yearly mortgage insurance premium being paid by Borrower when the insurance coverage lapsed or ceaSed ev � . �
<br /> � � � ���' ` be im�ffect.Lender will acce�.use and retain these payrttents as a tasti rescrve in lieu oi mortgage insumnce. Loss reserve � • .
<br /> ' �����' ' ,� Fann 3028 819E1 ' ,
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