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<br /> ---- ----- ��,ApCti}►�SUJef�8�t�OS9��C,�TllId9��QCZUdOd Wltblit t�B tBltil�CRttlHIO�.�DQYEY&$0~fl0�8tl�f Ot�'�T�B�i�tt�1$ � —
<br /> � flb�1d.40T�t����OT Wflt�h�Ef`t�'Rlil�t�_e� '� 'it'i°-�3i�Ce-S�� �------ - —
<br /> - - - _�� �'ins cerircer providIng the Insuranc�sf�!6e cflosc�6y Borrow�r subj�ct co Le�ae's approvat_
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<br /> . wNc�eh�ti4ripi;6��iX[i?��bJg with�d.If Bon+�wer fBile to m2inta#1 0ovelag8 d25CtiDetl AbOeC.LeOdCr inay,IIt Lendst'$�. . —
<br /> opt�a�u'�ait+Cta}v�s`' rt0�rote�Lende�s rights in tha Pcopeaty In 3000idattae vsilth pat�pD? � ' -` . � . , - —
<br /> A11':i�S�.�A�:a�td reaearaL9 shail be aeoe�tebt�to Yx�dsr�id sh�tt it�Tude a smndaN mortgaga c�suse. l:eadar =_,
<br /> - _ -_ aD�,41:tr�v�r�A:��iEinF�l�at�.#1�'r�?i�aies and reaewaLs.If I�ndflr r�9ui�es.Barrowe��a1k Pca�tY.gi�►e to trender aU�ceipts of � ° _
<br /> -- ---- patd�p�liitta�us►Sf:�ih31t!`�W ttte et►eatof 1oss.Botrower s�t111 giva pmmpt�otice;OQih�in�.r,reoP�s'�a sad�. _._ . -_- - -
<br /> _--_- , _' .._ _ ����?��:Q��i�"�ut a�de�sama�39 6Y�onowet. . . _� _ ... - � - -
<br /> -T- - llt�ss L•t�ra��:�2r�sgi+e2€a�vritiag*��me�ds shs�fie agptied Eo r�stat�an or r�aieo�t�e---- -
<br /> ; --- , - � -- :�;_
<br /> - ' Pcap�t!�i.if tte4j�,t¢�ation ar re�air is eoonumicallp feasibie an�!I.erider's secuc�t is not ie�ned.If the cestora@an or .' _ -
<br /> .� - --------
<br />>- -- -- - ��+�,€r.is�uut;eo.oa�jji��asi6le or Lende�s seauiry wovid 6e�esse�d,the insurauoe�graeeods sdatt!�$ppl�d ca the sums -- --___-_-
<br />�" sec�nod`6}s thi��oq�titji tristrument,wh�her or not then dete,wiW any eues�paid w Batmwer. If Boaower ahundons the ===_--_--
<br />=P� (, ; Pro�tY:Q�dt�oat,a�tsw�within 3U days a notice from I�ader that tDe ins�aaoe�arrier has affeted to seufe e ciaun.t�en ---------_-
<br /> ��!' � Lenctes�i�t;.onlit�;t�,insu�aace prooeeds. Irnder mny use the pmceeda to re��ir or mstot+e the Prupecty or ta pay suma - - �
<br />�,�> ' seals�e4;dryt;�iR.S�tlit��nmant,wAeiher or nnt then due.The 3Ud�y paiod will bc�n when the notice is giv�. �-�-_-��
<br />-;�*; � ::`E�is�3;�a�:endi�e,u�:8ommvac atbetwise ag�ee in writing„anY aPPlication of gmceede to ptinapal sbs�t ant eMend or =—__--.�,-
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<br />;;. � piu�oi�ttbiti:di��:d�4a;o�tT��:uuoaifiTy payments nefemed w in pa:agrapUs 1 and 2 or d�uage the ainount of die pa�ients. If =___-__--_-
<br /> ",: � us�p�gipp�Jj`2t���'iap�#���sqait�ad�y Lender,Bormwer's right to any insuta�ae paticies and.pmc�ads ti�u2tia$fmm � ---=_-
<br /> ` d3qssg����pdor fo ttte�$iUi4ls�E3ll pass W Leadet to the exOeul of the suut&Sea�ied Usy this SOCasiiy Inctn�mert
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<br /> .L'' ° -�;;,;,-�s�ay • f.O�ltaae9.$t�atfau,Mainteoaabe and�te�Eoa of tice Pt+npe�ty;Bon�ower's Loan Appltcattori;�asehoidz. ��.���'
<br /> - _ = Bam��r shall u�cupy,establi�6,end usc tLc Pcope�ty as l�ariower s priacigal�+estdenoe within sixty days after tite�tioa uf ��,. _-- - - _
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<br />�` this�5¢�vcity,it[,.[�ument and shat!'i�ontinus w oowpy the Pivpe�Ey as Bornower's principal resideuce for at least v�3 year aRer �.
<br /> - the dato o�o�icy,nntess tRUder othetwise agrces in ariting,which oonsent shall mt be un�easoaabty witGh�d,or unless� ===-
<br /> - °s �'. extenuatiup �aeces eii�which are beyond Bomawer's oomml. Bomo�ver shaq not desmmy, damage or impair the ��'
<br /> �'?�,;� P t o P�r t Y, a Uow t�e l�i:�e t e r io r a t e, or oommi t waste on t h e P r u p e A y. B ormwer s t t a l l 6 e in d e f a u lt i f auy f o r f e itute ���u�=
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<br /> '�::.��..�k!:� actio�or pmoeeding,a+h��z7 or criminal,is begun that in Le�sier's good faith iudgnent aould re�ilt ia forFeiUUe of the y�`'���-
<br />- `��?��;�;�`".#�� Property or otheiwise materiaif�Su�air the lien created by d�is Se�vriry Inst�ment or Is�er's securiry.inte�est.Borrower may ����i-�"�
<br />- ;:�'�,�'c?�,�;":'L.� aue sach a defaWt and neinstate,as provided u4 F�Ph 18.by causing We acxion or prnt�ding v.r fse'dismissed with a ntling ' z`` ��_-
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<br /> _�' ._.'v':. � that, in I.ender's gaud faith dc,termination, pcadudes forfeitune of the Bomnwer's interest in tEe L���ty or nther material ,;��'��`
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<br /> ;"'•�` "'� �,� impairment of the lieu`created:by dus Seauity Iasbumeat ar iander's security iniesest. Bormwee�agt aLs,o 6e.ia default if s��T,
<br />_ ` �'�.::�� Hon�er.during We loan ag�2Siriion pracess.gave materialIy�false or inaavrate infam�arion or statetnetus to�(or failed -• r �.
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<br /> � �� to prr��e I.ertder with a�r•iva�ial information)in oonae:�si:u with the Inan evidenced by the Note.jncluding.��oat limited ••.�'�' �::
<br /> � . , n , -_
<br /> '. - ' ' to,ii��ataitauscapnoemizig:�Ornower's occupancy of the i�sgerty as a principal�esidenoe.If d�ts Secvrity Iostr�ment is on a � `;:�.s''�"
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<br /> ��� le�oid. Bozm�shali�coatply with a!F the pmvisioas�af.the lesse. If Bomuwer acquites fee tide to the Propeety, t1'te ��;.���
<br /> T` ; R1{ leasa�Zald and tb��ee title shaft�rnt merge cui[ess Leader agraes to the mejg+er in wriHng• ;`';�.',� -,�`
<br /> Y �;�'�`'� � �.Ptotectton oY Leadei°s��a e�e Property.If 8c�rrower faits to perform the caveaants aad agreemeuu contained in ����. ° �::—
<br /> : �,�;,...`' • this Security L�suument.or tFece cs s�ept�Srac�eeding thsi may significaatiy affea�Ser's rights in the Property(suc6 as a . ' �i:'�,
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<br /> .. . , pmc�eding in bankruptcy,prots�fat co:�densnation or forfeiture or to enforce laws a�i�gulationsp:c�en Lender may do and �
<br />- `•,; � . , pay for whatever is ne�essary to prutact th.e c-�Iue of t6e Pmperty and Leader's rights in the Prop�.�. Lender's actions may. : ''�
<br /> • include�paying any sums secured by a Iieci which has prioriry over this Security instrumen� apgearin� in court. paying ,,�.;��:�. �
<br /> � ` . reasonable attomeys'fees and entering on the Property to make rcpairs.Although Lender may take action under cEus�s-a.*agrapL .f'�
<br /> - '- .- . , 7.Larsder does not have to do sa. � .
<br /> .' ' c :�' � °,'.' Any amounts disbursed 8p Lender under tAis paragcuph 7 shall become additia�ta]debt of Bormwer se�tz.ro� by this � ..�..=_•, ;��`
<br /> _4�_ . Security Ic�suum,�r. Unless Bcurower and i.ender a ree to other terms of a � '- � -
<br /> S P Yment. these amounts shall bear intefest�*om ttte � " .
<br /> •� :• , � ' dat�of disbursem:�t at the l�ate rate and sha11 be payable. with interest, upon notice from Leader to Borrowes�equssti�g �� '•"`
<br /> _ , �. ,: �'�,. . PaYm�at. ' , . ' - .
<br />- � . � � �.Mortgage Iaswaare.Cf Lender requitrd mortgage insurance as a wndition af rr�,.j'cing the loan secured hy r.�cs Se�i�� ' . �t r
<br /> ,�. - ,'"_,.,» Instnunent, Borro�ver shaq pay che premiums required to maintain the mortgage insarance in effect. If. for ac3�cr�n, rTte � �
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<br /> � � • mortgage insuratt�coverage required by Ler,der tapses or ceases to be in effect.Borrower shall pay the premivaus.d�q�,ired ta , �:,.„F,;4�?,�
<br /> • � �'-��_;,t�� �-� •• obtain ooverage�bstantially equivatent to the martgage insurance previonsly in effect.at a rnst substantially equi��t to tpte � . ���'•'°��;:,=:,:`:
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<br /> . , .�„ �` . � •: wst to Borrower of the mongage insurance reviousl °.
<br /> i` p y in cffect. from an alternate mortgage insumr approved �y I�eader. If .;, .
<br /> . • substantIally equivaient mortgage inswance coverage is not available. Borrower shall pay so l.ender each month a�,.m equal to . • .
<br /> � ..�' ';;�:':'''�'` one-twelftb of the ead mort ' � - .,. .
<br /> y y gage inquraace premium 6eing paid by Borrav�er when the insurance coverage Iapsed or eeased to .
<br /> ' '`' be in effect.lender will acce �use and retain these a ments ac a toss te:erve in lieu of mort � `
<br /> ��,• : �. , P P Y gage insurance. Loss reserve • ; •
<br /> . '� . . .•: , ' Farm 8028 8/80 • ,-.
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