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<br /> .� - ' � `-�.Rups�or FropastY Yasutucca�arravrer shaU ke�the Imps+ovemas�aow e�or hereaftor eze�t�d d�a �f- ----- ---
<br /> �:S�Si:H�a�iu�uic±4d�nst ioss b �re.t�azaids i�1udW witLia the�nm"eaoeaided oo�re�tge.,an8 ffi1Y cnher t�zerds�, ;
<br /> ": - �-rit—C1u�iigltood oT fl� of Y�tCfr ' ;�usn,4e.P�:t+e m�,e in�A 3a�e'n:n+� _ - �- _ -_—--
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<br /> � � aa�for thc periods that Lendm�requires�.T�o insnraace cartier proatding the inaurance eha11 be c�oseti by`-�oreower�� . ��— --
<br />°,` sub�ect�o Leader's approval ahioh sliali.not b�unrea.sonab�yt witl�held.If Borrower fa31�to maintain ooverage dss�crjbed . ��.a_
<br /> =- � .��abova LeAder msy,at I.ender'e optio�,obtdin c�veragd to protect�.eade�e rigAta in the Praperty in ao�ordeaoo with ,>_��,,.---__
<br />- ��-„`_ . LsatagaPn�� �. t , ,. . , �� _ _
<br /> _ . .� _�.�; � . A1�inauranoa policies sad renenrals ahelt=be acoeptable fo Lt�tdar aad et�$11 incluQe a smndar�mos-tgpge ctause. ��,-��-�., :
<br /> " �- l�endet s�all'have the eigt►'�tb hald the policica ead canewala:U I,enderreqw res. Borrawer sUa11 prompttY gi«ve to s y�4-� � _
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<br />�` - `=����-"�:-; Leadat atl reoei ptso!paid pr�niumsaad renewal notiaea.In tt►e eventoi2oss.8oirower s�ait give prampt aottce tothe �'�� .�...��-�' .-
<br /> �: ,,_�✓� _: inswaaae canier auu�I.eader.Lender meS►make W+oo�o i tase i�uot m a d e prosnp t t y b y B o r r o a e r. `'�`.-��' t,- °
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<br /> a � .� R -r - - -��C�S�.81lQEf 8A�80![OW�T OL1L0fNfS98$YB��II�t/f1$i 11ffiit3�i1CG�82l8�1�G-8pQi1@�t0l�l8�lOI1 Qf t8Q81X ,
<br /> ". 4 `� r�-�' oY ttte P�oP�S►demsged.i!thiB Testoratiot�of te¢eic is eou�lomit�lly leas�bte�1d l�ldet's SeCUttty is t�ot le�ett$d.If the - � �a: ."
<br /> . }� �• r� � . �� rEStoration or r e p�a is ia not economis�tiy feasib2e ar Leader'e secvrity would be l�ened.the insnranee praaeeda styall ba i:-- . _
<br />-_ . ;��\�:��>; `��,"�Y a p p2ied to.tfla sums-secured by this Security I n s a vinen�w h a t her o r no t t h e n d u a.w i t A a n y e s c e s s p a i d t o B o rn o w e r.I f ,.r ,,.. ,..
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<br /> ��'�'?.,„ �.;. Bosrower at�andona tha Froperty,or does"nox ansarer wittiia 30 daYe a nottce from Leader that tse insutauce canier has �
<br /> .� ':;.4�_.•.�<..'.<,�� :oifered ta settte e claim..thes�Leader may�oa?tecc the iasurauos proc�ds.I.endes maF use tAe pmceeds to ropaie or .'< 4 �,4
<br /> > ' �4� t+estot+e tlle FropertF ot tapay sums sacurod bg tlusSeauitq 1tta0ruraeut,whether or nottflendue.The 30'day pertod will � '� , � .
<br /> .:z ,� ''� �4 7�; begin wlie�the aotice is given.. ' :
<br /> 1 � ' Ualesa�Leader and$orrawer otheswisa agree in.writin�.�nY aFPtication of praceeds top�cipal shall not estead or -.,�,
<br /> � F�- '�, -`�. : `� meatsreferred to�n PasagraPhs 1 and 2or chan�etheemauntoi thepalnrt�f►�. �� _- � � ° ;
<br /> r . , postponethe due date of U►amoattilY PaY :��,u� � -
<br /> -�' �� �'s�?:�`� Ii und�erparegraph Zl the Propertg is eaquired by I.euder..:Ha�rrowerrs right to any insarance polici�ead pmceeds . �
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<br /> ' � *_ resulting fi+om damage to tAs Pm�3sg�pi�or to the scquis'sti�o�.�Igall pass to Lender to tf�eatent oi tAe sums secured by .�- •.�.,�` ���
<br /> � :: � � this Socurity Iastrument itnal os to ti�e a 'izon:�_ . �., ,, ;.,,
<br /> < ��i �cluis� ����.�
<br /> _'�;� ,�..�- � �� ` aa of the Property;Borrower's I.asn Application; ;����. :
<br /> �, . L.._�<_r�_��.� 6 Occnpaacy,Pr�s�tvatio�.i1��iau�aa mai��o�i , ,,F,;
<br /> ��' ��: �i�"':�`����� _ #�aseholds.Borrower s,�t1 oxuPY.establish,s�ad�the Proparty es Borroeler's priacipal reside�ivitbin siaty days � .
<br /> h •S�tM���r � _ �:�ter the eaecution oi t���eurity Iastrument and sha11 continue to occupy the Pro�erty►as Bc,s�cswet's princigal .., .�E.` ��.�;.L .fi,.�-
<br /> �.:.::;_":`� �, ����',� .� ' �esidence for at least oae ysac after the data of accupaneS►,�ual�ss Lender otherwise agcees in writing.wfnch oousent ehall y �
<br />_ >.;,�,�,�t� not be unreasoaably withheld,os ualess eatenuating circumstan�es eaist wluch are beyoad Honowerre conuol.Sorcawer E��,f,° . :'r ' , ,��
<br /> �c,.�t, shall not dest�oy,damage ot impair the Praperty.allow tha Property to deteriurate.or commit waste on the Pro�ty. ,;,' . -
<br /> - s , • Bortowar ehall be in default if eny torfeiture actioa or proceEding,whether civil or ctiminal.is begun t1►at in Lande�''s � � � ;
<br />=-= `°=' � ` �`.- good faith j u d g a tent wuld result in forfeitute of tha Property or otl►erwise materially impair t�e lien created b}�ttus _ . - . ..: : '
<br />-:` :-�� . ..`: � . Security lnstrument or Leader's secusity interest. Barrower may cure euc h a de fau l t a n d r e i n s t a t e, a s p r o�►i d e�1 i n , .,:" �'' _.
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<br /> . �i�.: paregraph 18. by causing the action or praceeding to be dismise� with a rulin� that, in Lender's gaod:�sith t
<br /> ° �., � `�'�� ,. . determinatioA.Preclndes forPeiture af t3�e Borrower's mteresc in the Ptoperty or other t�s�etial impaisment of tlie lien ` - �7�;°` '��
<br /> `` • '� �� cteated Dy this Security Instrume�or.�xnder's sec�rity interes�Borrower shall also b�e�default if 8ortowe%avring , �,;`��r�`;:;;; F- �
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<br /> p . th�toan a lication ve�aterially falsrs or inaocvrate informauon or stateinents to LecirT�r(or faited w �..;�.�.:.:•§�;_-<
<br /> t b,•+-'.,;.�� ..� ' ,";.a•`:�:`:. . rovida_[.ender with an��ciateclat infotmation)in vannection witt►tha toaa evidenced by tha Note,iacluding,but aot ; ;�' '•. ' �.�.'.� �':i
<br /> aer's oc;cu of tha Ptoperty as s principal residence If thia Security - .�.:.;, ,<�,...:=
<br /> I ... .�,r ,54��,;� ::; �imited w,representatimns concerning Borro Pa��Y t °
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<br /> �,'���� +'''- ' Instrumeat is on a leasehold,Bornotver shafl comply with all the pmvisions of the lease.Ii Bornower aoquires fee title to .� �
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<br /> �' v. tha Property,the Ieasehold and the fe�dtie shall not merge unlesa Lender egreea to the merger in writing. ' ;:;;is w�..', :
<br /> 7.Protection ai Lender's Rig�t�ia tIIo ProPerty.If Borrower ieifs to perPorm tt�e covenants aad ag�eements °=.> °r:�`�: `�.�:'
<br /> ' ` '.�'..:I, contained in this Secudty lnstrunnent,or there ia a legal proccedin„that may sigtuficantly affect Lei►der's rights in the x:_= , .`;.�;�f�
<br /> F����� '� � � "'� pcoperiy (such es a proceeding in b a a t c ruptey, pro bate, for condemnation or forfeiture or tQ entorce laws or � ��-`-'
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<br /> " . ;;�°:ti;;,a:,;,, . regulahona}.'than.Lender may�d+�aad pay 4or whatevec is nece�ary to prutect the valve of the Pmpzrty and Lender's � � ' ..,,;�
<br /> ,�.;. ,.;.:,.,s.t.,
<br /> ' .�• . righta in.�tha Properey.Lender s scti�ons may include paying any sums secured by a lien which I►as priority over this f� . _i�i '.�;.;��-.`
<br /> �'+ �..� - ��j'������'�`� SecuritY I�men�aPFearing i�s ca�'t.Pay'ing t+easonable attorneys'fees and entering on the Property to maka repairs. �. • . • . • • :
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<br /> ` � � ��,; t,�`v,�Y;;'. .Althau g h Lender ma y take action under this para�rraph 7.Lender does not have to do so. j ; �
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<br /> � '.:� � °c`,��.-���� �' Any smounts disbuased by Lender under t h is�aragrap h�s h a l l b e�ome a d di t i o n a l d e b t o f B o r r o w e r s e c u r e d b y t h i s !
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<br /> ' �,.�1��:r'.t.�':�t;a,...;��a;z 5ecurity Instrumen�L:unE�ess Barroaer and Lendes agtee to other terms of payment,these amounts shall bear interest .. °
<br /> � ����;��!'<a:?'?; from the data oi disbursement at the Note rate and sha11 be paysble�Nith interest,upon notice fmm I.eQder to Borcovier F '� '
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<br /> , ? ' �'t:��� 8.Mortgage Ias�ce.Ii Lender required mortgage insutance as a condition of making the loan secured by this
<br /> ''' Security Instrument,Ba�rrower shall pay tAe premiums required to maintain the mongage inaurance in.effect.If,for any , .
<br /> ,'r � ` � ' ort e insurance'covera e requimcl by Lender lapses or ceases to i�e in etfect.Borrower shall pay the � � .
<br /> , ..; . t+eason,the m gag � •
<br /> � '�. � premiums tequited to obtain coverage substanti a f ly equiva lent to t he mortgsge insu r a z n c e p r e v i o u s l y i�e f f e c t,a t a c o s t
<br /> �� � '� � substantiaUy equivalent w the cosc t� Borrower of the mortgage insurance ptevio�sIy in eftect,from an altemate � � ,_. _
<br /> • ' . �`�"'�': mortgage insurer approved by Lsr�der. If substantially equivalent mortgage �nsuranca covera a is not avaitable. � , � .
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<br /> -`-, �. � , Borroaer ahall pay to Lender each mo�tA a sum equal to oae-taelfth of the yearly mortgage insurance premium being i , ';'r• .. .
<br /> - . • paid by Borrower when the insurance co�erage la;osed or ceased to be�n effect.Lender wi11 accep�.�and tetain these ,
<br /> '' � � •:+,,,.,' payments as a loss reserve in lieu of mortgage insurence. l.oss reserve payments may no Ionger be required. i �
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<br /> ��41•��i'•s;;���1"i�ri;,, iorm 90�a 9/90 ! .
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