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<br /> _ ��`<�: _�'��.�`�.��:�� • S. HasasQ or Pro�arey Inanraaoa�osrower ebati�keep th�improvamente now e�ati�vr Aereatter eroatcd oA
<br />_ � �Q`M,i` ,'_`. i �T .. � s � ` �-�— _--_
<br /> � sna Praperty instmd againat fasa b Gre.�haz�ds iuclyded wlthin ffie team .eaknded r.overa�o aiid an�q other Qezards�, —_
<br /> �_ _�`-� iacluding ilQods or iiaodiag,for wbicb�et s+equires it�n�eno�'Fbis i�nQe shall bo etaIntelned{n the a�ouats. - _
<br /> � - �for:.sh��Ods.tbat�eader.��Tha i �+��nCe_s�cdes��vi�ttg d�e_i�i_n_a_ace a�s11 Qa�ch�en b�Bctro�.---.- . -y"�. - --
<br /> `� �� , � ° � - aub�to Lmider's approval w�ic�s�ntf not be u�rea�cuab�y ivitlt�el�Tii�orrowear ta�ifs f main�sin ooirceage��i'ixd �e _ _.
<br /> <� '� s a b o v e.L e n d$r�m a y,a t L e a d e r's o p t t o a.o btain co v e e�g o�o�t otect Leader"s ri�l ita ia the Fro p o s t y tn a000sdanoe with � �� -
<br /> ,ca �. • . s�,��,''�C�, _
<br /> t `�� �p3tsBglflpb�. _ � ' , , . �'�='�`
<br /> �:. �. . : All�asuraaca policies.6ttd r�ttewals ehall be acagta b lo w L a a d e t e a d s h a i l iuc l u d e e a t a n d s r d m o r t g a g e c l a u q e. t �-����.�
<br /> � ' - . _ 4• .. ♦ . .? �_
<br /> �-� � � " Lender.sAall hava the right to hoId tQe gottde�sud renewata If LenBerreqwrc�.Bosmwer shatl PromPtlY g�ve tv < � , r�.,�.�,
<br /> .�: ���,�Y�-:`�s�_� Lender aii�soeipts oi paid premiwns ead reaewel aotices.Iu the eveat of Iass.8oi�ower ehatt give prnmpt aotiae to the . � �.r.. ���.��
<br /> �`g=-'` -��'_;`�, insuraacecarrier and I�en�or.Leadar mr�:natce praoi o!losa if aot made�romPUY bY Bwro�r '" '�:'`�``�`:_ :`�� z`.
<br /> . � ' � � � Unlea Lender and Borrower othetwise agrea in.wri�ing,insutsace pmoeeds ehall be appliad to seswratioA or[epsir ' �i.. ��
<br /> . , "�.- ofthePrapertydama�ed,iftherestorationos:apatriseoauomicei�rfeas�'b3aendi.eade�ssacuritgissatt�d.I�tt�a -
<br /> -2.} G ...- _ �.... , - . :�..'S C
<br /> �` r�toratioa or repair is not economicaltg feasc'ble os Lender's security arould be l�ed.tha ia�uraacepmceeds eAall bo .` ,� .Q ,; -
<br />` - ° �=` �' applied to tse suma secured by tbis Sacurity Inswment,wt�eihet os nui then due.with an,y egas9 paid to Bomowes If �c� 4 .,_ .�, .
<br /> ... ;':..' • � •�.4 c "<- :
<br /> - - Bosroarer abaadoas tha Pt+operty,or does not answer arittnn 30 days a notice trom Leader tfiat the inswance canier has :�`.� ;f��:
<br /> �•� - ofPered to settle a claim,jthea Lender�a�ay oollect th�ins�usuce prooeeds.Lender may use tAe praoeeds to repair or -:_ ��`.��-�1_-,�-;�-=:
<br /> _ k._:,� ``. ,_
<br /> ;::.� r�awse ffie Ptoperty or to pay sums sxtn+ed by this Sectuity Iastrnmes►t,whet�er or not tt�esi due.The 3o-day partad will ` �s l
<br /> begin when the nutioe is given. - ��° � �-_
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<br /> ���,
<br /> � � Unl�Lender aad Bmrower otAerwise agrea in writing,eny application of proceeds m pnnnpal shsll aot extend ar � �,,�;,R,._._
<br />;, �:; � � postgonethadue dateotthemontLlppsymentsmSern.�l to in pateg�taphs 1 aad 2or changettceamount oi thepaymentss r ^'�=�:
<br /> . . �tc. �����Ph 2l the Pmperty ts aaNired bp Leader�8o�eowee�s right to any inswance policies and pmveats ` L� -.
<br /> ..
<br /> L "�'i'�'� �` resuttin irom dam to the Pro or to the s tion�all m Lender w the eaceat of the sums s�by °
<br /> r�r�� ���-_� `��4: 8 � P�YPn oQuisi Pass
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<br /> `�"'�'.,:= � tm�Sectuity Instrument immediste�ypnor to t8ee+cquisition. .
<br /> ' j�.�.4��.,�.�.-. 'L•�`t�{ . �..-�-
<br />— �r`'��"�•�.:. - .� �.:�:-.$;�,Qxupaacy�Preservatioa,Maintananceaad Protec¢�oa of the Property,Borrawer's LoaaAppliatloa; .,�'.�-��---
<br /> i�;Y'� . � °: : :':�ss�emt�.Honower shail oxupy,establish.aad use the Pmperty as Honacver'�principal resideaoe witt�ia siaty days -
<br /> � af�et t�e scecution of t6is Secusity Imstruineat ead sball avatinue to accupy the Ptoperty as Borrowefs princigat '— - -
<br /> -� �, .: s�`��,�+" s+esideao�for at least one pear after ttia date of aocupanaY,tmte�s.i.ender othernisa agtees in wridng�wluch consent ahall . ., � ,R`. � .—
<br /> �;�`� • •'� r��`�° °;� �not be unreasonab2y withheld,or unlesq extenuating circumsteuces esist which sno i�eyoad Borrower a watrol.Bornower ..'�
<br /> 'y`+ Y� sha11 not destroy.damago os impair the Property.allow the Property to deteriorate.or wmmit waste on the Pnnperty. �` -:��-
<br /> 4'��� ,,_;�_� " Borrower shall be ia default it any forPeiture acc'son or proceedi�g,wIIether civil ar criminal,�e begun that in Lende�'s : ,' z , ..�
<br />- ;;,�fL��i; :� gaod faith judgaient could result in forfeiture of the Property ar otherwiaa ma�erialiy impair the lien created b�x� :._ � `"'
<br /> , �,�. -. Security Inshvment or Lenders seairity interest. Borrower may cure sacA a default and reinsmte,as provid�na• <,�'�� '
<br /> i�;:�,;
<br /> 1 praceeding w be dismissed aith e ruli that, ia Lender'e d Fai�tb � ` -�-��_
<br /> �, ... .. .. • :. . - FaraBraFh 8. by causing the actaaa-or pS � ' �•�;;..:�:,,,'��°.�,�•,�••.`
<br /> determ�nation, ludes forteiwre oi the Bam��r's�nterest in tQe Pro or other materiai im rment of the tien �_ �.�. .;'�;;� --
<br /> ;.'�'_ '�;.i,. , �reated by this 5�ecun'ty Instrument or Lend„�r:s�rity inte�est.Borrower�shall also be in deiault Borrower.during �;�; ,`,�.:>:- --
<br /> :=y�t��_
<br /> _ .. ;�:�*;�._ the loan application pmce�, gave materialTp�Y�or iaa�ciuste information or atatementsto Lender (or failad_ta :t�. ^�:-°__—
<br /> - •.a�_.`, ?:r�.--"+�
<br /> : . `�:��_::�•� provide L�der with any material infarmation)ia'aonnectida tsi;th the loaa evidenced by the Nota,including. But tiot �y� :-;�{u�' - ,.
<br /> ^r � _ . � ;:_(;,;;�i r :��,:-� . �;,, :-
<br /> .. tis,.. l�mite�'tr�,sepresentasiona concerning Borrower's occupanc��cAe Property es a prinagat r�idence.lf this S�ity. ,.;..- • �,- —
<br /> ��� '� �;��''��ti Instrumeist is on a leasehoi Borrower ehall wm 1 witA all tlie� visious�of the tease.It Bornower a uireg fee�r��u4 ,�,;•. .,= ':f� ,, :'_
<br /> .. �,,. ,t,� d. P Y P►'o ra . ': :,e-,. s=
<br /> ' #.��"': . ::�. the Propeity,the leasehold and thefeetitleshaU not merge unless Lender a�es to the merger in wri g. . • :;�?'�� ` ,�,� � -
<br /> .. 4.,��.�:��.. .� ' ' :�Sis.'.•,�• � �� ;.
<br /> t-°:,�'':, ��' � �. 7.Protecti oi II.ender's Ri ts in the Pro ert Ii Borrower fa�s to orm the covenaats aad a 'c�ts . �=:- •.. ,�: , �- •�-
<br /> a ��.,• .� :.��: Qi+ Sb P Y- P� � :�:�, < ��4�:: .� •
<br /> ��, t..�;'-. _�..,-:�o; .�,.
<br /> € ° �:, ;;;��;;;�:,;•.� oonteinedinthisSecurityInsLnrmeat,orthereisalepalpraoaedingthatmaysigni�cantiyaffectL,eud�r'srighisiiA�e ��?....•t�,<��,F.�,`,:q;��:;-_�.=-:
<br /> �`L-;i,.,,.� .c.�iri;:--t�. .i r=•-�.
<br /> �. � � .. �.:'.�-�� Propercy (sucb es a procceding "sn banlcruptcy, probate. for condemnation or forPeiture or m enforce laWS�ot �ti�.:t��t�'::. :-
<br /> �1:�>���"a � ti�� ��
<br />_ i � .�;,;;t;;. larions).then Lender ma do au� for wHataver is n to �tect the value of the Pro and I.endere ��� '��"� � '•� �`�� .��
<br /> � Y PaY �rY F� P�5' z,�... :
<br /> , . . •,�:�..; ccghts in the Propertp.Lender's acsions may iae�uda paying any sums seasr�ed by a tien whicb has pnority over this : ,rFii . �.`••'�y
<br /> ;�;"�. . � '. ' Security Instrument,appearing in conrt.paying seasanable attorneys'fee.s and entering on the Property w make repaits. ���,;_•,; �, .�
<br /> := �,�.;,�'� �,'.:' .: Altl�ough�.ender may take action under ttis parsgraph 7�LeAd�does not have to do so }'`' . �
<br /> � ' •��',:: Any apnnounts disbutsed by�.ender under this paragraph T�iJ become additional debt oY Borrower secured b�this �. � �
<br /> �"`'"� �' '" Security Tnsttument.Unless Bor�Aer and Lender agree to�r.hec aerms o4 payment,tnese amounts shall bear intes+�st i. ,
<br /> ,t�.:i� _,;
<br /> � �.. t: . ..�.:y�'p••.:,• . .
<br /> � �,�•:;� • � � .�`•�.; � from the date of diabursement at th��'ate rate and shall be � - _ -
<br /> p a c a�l e,w i t h i n t e r e s t,u p o n n o t i c e f m m L e n d e r t o B o r ro N e r ),,
<br /> } :;:ti��'.. . � .. � requestingpayment. .' • .
<br /> .. :`.�`
<br /> � � �� 8.M o r t g a g e l a s u r a a c e.I f L e n d e r r e q u i r e�m o t t g a g e i n s u r a c o e a s�a o n n d i t t a n o f m a k i n g t h e l o a n s e c u r e d b y t h i s ;,,t, . :�+. � .'�.
<br /> ' ` , �'��� Security Instrnment,Borrower shat&pay the premiums requ:�red to m�:ntai.e the mortgage insurance in eHect.lf,for any " " ='�::`
<br /> , - . ;��;:=..� reason,tha mortgage insurance coierage re�uired by Lendcc!agses�r a:�ases to be ia eNect,Borruwer shall pay the fA ' ��:''�''���; ��
<br /> � ..:;:;�i;�� premiums requited to obtain co�ec�ge substantiatly equivater.t�the mart„�age insurance previovsly in effect.at a cost � � `'�:,�';�
<br /> � '�� - � " • substantially equivalent w the cost to Borrower of the m��e i���-s.e previously �n effect,from an alternate '`��'���
<br /> ,,. . •' � ;�:., ' �,. � .
<br /> �}��;;;� � �� mortgage insurer approved by Lender. If substantially egcic�ent mo�ge insurance coverage is not available. �, .. . •=�,:,
<br /> ,;.,_ .
<br /> � Bortowet shall pay to Ixnder each month a sum equa]to or.�-¢�relfth of the yeatiy mortgage insuraace premium being . ,, �
<br /> 7; ..�� , '
<br /> �:.. ' ,,_:�;,;: , paid by Borroaer when the insuranca coverage lapsed or c�ed to ba in effect.I.ertder wi11 accept,use and retain these "'� ; �
<br /> ;,s . •� '_.' paYments as a lass reserve in Iieri of morsgage insuraace. Lds9 reserve payments may no longer be req�red. 3: _. .. . . . .
<br /> .tt . .
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