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<br /> �=------ �OdB t�t�.EQQCt t!eQUtl_IES.`�S8�[ISI118AOC C811'FCi f0�'( .
<br />--: --. -- --p� _ �. 4in�.the u�uraace shall 6e chasen D r�Batrow+essub�w Lendatla
<br /> -- — - - - _-_ �m a nat �asan�lyiw�Td-If"�r��iret�a��-��i�ve���si�iba�ibu.v��t�.�mm3y.�t--
<br /> _ ' LenderSs opdoA.obtain oovernga wpmtect Lendee�rights in tl�pt� m atioor�anoe untb pai�apl�9: .
<br />� . Atl insuiaaoe pulicies and renawals sliall be accepdabt"e to Lta�etmand chall imctuda a stendard mortgaga ctausa. l.ea,der
<br /> s. shall have the right w hatd the,galides a��ec[ewals, tf l.eqdar tnquires.Bai�f�ver sLa11 prompdy glve,to Leuder iill reoeipts
<br />-- y of paid pieminms and renewat notices. In tha eveat of Io�.Bormwer shaU give prompi aot�oe to tpe insureace canies and
<br /> Lender. Lender may maYe proof of toss if not made piamptiy by Bozmwer. .:� ' '
<br />= Untess l.e�der aad Baimwer adtetwice agc�e in w�i6n&iasurance pmcceds shalt be e�pplied w iestoratIon or tepair of __
<br />= the PcoP�Y�&�if the Kstotation or repair is ewnamicalty feas�ble and L��er�secvn4y is nnt[esseaed. tf the
<br /> asi
<br /> - . -� restoratioa or ' is not econeadcall feasible.or txader�s ' wonld se Iesseaed.the�ace shall be --
<br /> -- s ,.��.� :_ _ spplied ta the's��by dils S�inshume�t;�vheHt�ornot tkeu due.wic6 eaye�ccess�m�Bomawcr if -
<br /> : :��• Barmwer abaadons t6e R�aperty,or does not aaswer witbia 30 days a notice fmru Lender that the insurance cattier 6as -
<br /> - ��,:;:r,��,,� .:� offeced to settte a claim.thea l�nder may oollect the insuraace pmoaeds Lender may use the prooeeds to iepair or cestore --.
<br /> ` _�-:; �°�..����?" the�y or o�pay s�ams sec�aed by Wis Security tnst�umeat,whethci or uot then dae. 'Ibe 30day period w�l begin arhen �
<br />- the aatioe is given.
<br /> �^� .: ;,r, � ;� Qniess i�nder aad Boa�nwer otheiwise a�ree ia writing,aay apptiwiion of pmoe�ds w principal s5all not euend or
<br />-`; f ..: r''=: � „ . postpoae the due date'of the mnad�Iy paymea�cefetred to in patagrapbs 1 and 2 or d�ange the amount of the pay�ts. If
<br /> � ' ��., -
<br />_ • �°`""-��;�'���?,� �B�P �Y� �I� Y � Y� Po� P &
<br />-�, ' r:-�.s�±�;'��. '� fra�da�age to the P�ope�}r pr�r tn the acquisition shall pass tn I.e�er tu the ea�n��e s�s secu�ed�Sec�a�ity
<br />-� �?`-��_`..,==:,��.����._..� insiruinentimmedi�telypn:utatheacgaisana
<br /> �' �-�- - - -: . --
<br />_:'��`'`���;��i�''"�1`�'�?.� � � �Y: P�sst�n, Mai�maace aad Protec�a �dhe Properiy; Borro�,ver�s I.Qan App&�oa; -
<br /> 'z.ti��as,•.::,-;�:;�:'"''`-'� l�Cids. Hois[ets�sh31i Doc�py,estab�ish.aad use the Proper[y as Baqtuwer�s priacipal�+esideace cvithia sixty days�
<br />_`���"> �i:�;�+`•':'�::�:`` the eaecution of tt�is Sec�ri;y Ir�i�nent�@ s6all oontiaue to occapsr ths I�toperty as Bauvwer�s priacipal�for at
<br /> -�� .' �����,;�:� occap r �
<br /> ��: ;:'"y'�;;:.�N,.:�, t�asc oae year aRer tt� Baoe �af.ocxupaacy, untess Lender othe�arise agcees in u�xiring, which oonsent shall a�x be
<br /> ;,.:;�"• :�:_ .� �onably withheld.or anless ext�uating circumstances exist wtuc6 are beyoad Be�oarer�controL Bomuwer shaU nai
<br /> t E `
<br />_�;_-� "�i:;`, �y:�.' � d�stmy.damage or impair the R�operty.allow the Progerty ro deLeriorat�br commit waste on the Ptogerty. Bomnaer shall
<br />�,��;:' � :=`•�:�,;�,:'�� bem deFaalt�mry forfeitiae action�ar piaoeedmg,whether civ�or cr�,is 6eg�m tAat in I.euder�goad faith judganent
<br /> �� •a: . , •, . ooutd cesuif at fc�efeihue of the Pmperry or oWenvise maLerialIy impas the lien cteated by d�is Sec�uity Instnimeut or
<br />'�'�'`::'` . '• . �` ' E�rt�r's se�niry iateies� Bomnwer ma cure such a defauIt sud reinstat�as
<br />_��.. .,,:.�° ;:•�:�;a= y pravided in pa:agrapII 18.by causing the ac�ion
<br /> ' �'� � • aF i�ing to be dismissed with a niluig thai.in I.ender�good faith deteanination.Precludes forfeiwre of the Bozmwerts
<br /> - � - �in the Property or other material uapairment of the lien cceated by this Security Insuument or Leuder'�socuriry
<br />- •�.� ����-:.;�. ir�est. Bonower shaU also be in defaWt if Borrower, during ths Ioan application pmass, gav�e materially false or
<br /> .s' - �=;?�� inaocurate inforrnation or statemems w Leader(or fa�ed to provide L�cader aith any material infumtatiun)in connectiou arith
<br /> - ��.':uY;:` the loan evidenced by the Note,inclad"mg hut noi lunited to, r�c�rec�tations conceming Bo�ower�s oocupancy of the
<br />-�� 'r;:.��,- +`�•:•�;.�"�.,,�� Property as a principal resideaae:. If ttis Secaiiry Iastrumeat is on a teaset�atd.Bamnwer shall comply with al}the provisions
<br /> •;}:;:,•:�:
<br /> .i ,�•.�G,�;.'..,� ;� of.ttie Iease. If Bomower acqtia�s fee titie to the Property.the Ieasehold and the fee title shall not merge unless I.eadsr agrees
<br /> - t 't�.r�;���.,�-,'�,^��:.,.:• ... , ta�mergerinwriting. -
<br />;,4 '�i�•<_'.�' °° � : -•,.;.:: � Pmtecttoa of Leader's Rights in the Property. If Bomoa•er fails to perfocm the covenants and ag�eements
<br /> ;�F ',,�':t:.:�.:::;`._:..;.°`:�:� contained in this Security Inshuu�en�or theie is a tegal ProoeedinS t�t m�y sIgnlficandy affect Lender�s dghts in the •.
<br /> _. _.. _ P�operty(such as a pmceeding in bankruptcy.probate.for oondemaatiaic ar€orfeiture or to enforce taws or�+egulatians),then . .
<br /> , �'i '�''"�; Lender may do and pay for whatever is necessary to Qrotect the vaIde•v�the Ptoperty and Lenderls rig,hts in the Ptoperty.
<br /> ��;i•'` •- •. t,
<br /> - ;� �- ° . Leuder's actions may include paying any sums secured bq a]��n whicfi has prioriry over this Securiry Btst�ume�,�i6g
<br /> - �` ' in coun.paying reasonable attomeys'fees and entering aa�.-e Property to malce repairs.Although Lender may ta�estion
<br /> ' • ' "'�"`"-� '` under this paragraph 7.Lender does not have to do so. `
<br /> ; .+. �;� .. ; Any amnunts disbursed by Lender under this paragraph 7 shall isecame additional debf of Bormwer sec�ued by this
<br /> � � �.- .�: :. �� Security Instrument. Untess Borrower and Lender agcee to other terms of Faymen�these amounts shall 6ear interest fmm the
<br /> F�� • . . date of disbiusement at the Note rate and shal!be payable.with interesY.upon notice fmm Lender to Borrowet requestiag
<br /> ' �'���'{`j�.,; . paymont.
<br /> F "'"�`•�'°''' 8. Mortgage Iasuraaoe If Lender requimd monga,r,e insurance as a condition of makL►g the loan secured By t�s
<br /> • �'�1.1c;:::: . .
<br /> � � � ., � . Security Inswment,Borrower shall pay the premiums mquired to maintain the mongage insurance in effect. If.for amy
<br /> � reason, the mortgage insurance coverage requind by Lender lapses cr ceases to be in effect. Bomower shaU pay the
<br /> ` `�' � ��'., - _.� piemiums required to obtain covetage substantially equivalent to the rserrtgage insurance previously in effec�at a cost
<br /> ' ' substantially equivatent to the cnst to Horrower of the mortgage insur3n�.pieviously in effec�from an altemate arn�.gage
<br /> � "'. ''• .� • • � insurer approved by Lender. If substan6ally equivaient mortgage insas�ance rnverage is not available.Borrawer shaI�pay to --
<br /> � � . ' Lender each month a sum equal to one-twelfth of the yearly mortgage inswance premium being p�id by Bomnwer when We ��
<br /> ' �` ' • insurance cove e la sed or ceased to be in effect. Lender will acce t,u�and retain these a ents as a loss reserve in lieu '��""
<br /> �. �..:.:•, *d8 P P P Ym ���.,.
<br /> ,,,.��`=�:c� ; ,,'_ :; � of moAgage insnrance. Loss reserve paymerz�s may na longer be requiced,at the option of Lender.if mortgage insurance ;�•_
<br /> � coverage(in the amotuu and for the period t�hat Lender requires)provi8a�.by an insumr approved 6y Lertder again becomes
<br /> - ` ` ;�;F,�..:,: •. available and is obtained.Bomnner shall pay the premiums required to maintain mortgage insurnnce in effect.or to proride a ����
<br /> ��;•:, ,.�;b��?:;.',�:;�,t.:.'. ;� loss reserve.untii the requirement for mortgage insurance ends in accordance with any written agreement between Borrnwer '�;`
<br /> �; T�;�'��t�S� =; ;�:. and Lender or applicable law.
<br /> ?; •� . 9. InspedIon. Lender or its agent may make reasonable enuies�pon and inspections of the Ptoperty. I.ender shalE
<br /> �', l,���;- ,.:; •_ �:. ' give Borrower natice at the time of or prior to an inspecrion specifying r�sonabie cause for the inspection.
<br /> �;�>'�:•;�;�>::':�,;� �� 10. Condem�at[oa. The proceeds of any award or claim for da*stages,direct or consequential.in connection with any
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<br /> ;;'�a;;�:;i�:;;,Y';• Singte Famiiy—Faaate Mac/FYeQdfe M1fac UNIFOR.M1!1NS7'EtU1HE1�i'!'--Unitoan Covenants 9l90 I poge 3 nf b pag�r)
<br /> 3 ��i'6�ti`•:,•- • Qcet leir!�Part�L Isc 0
<br /> ' i ��d__-`.':`�'''•'•:-�.; .. ., I Tu�Celtt�8U653090.930i"AE5t4:8f4131
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