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<br /> � r«the pe�loa.lhot I.a�datoquire..�rne inc�uance cni«povWCng Ihe incurw�ce�Iwu ba by
<br /> I,q�det's apprnva! which stuU not be unroatoaobly wi�hhcld. If Barrowot fMils a mainuin oovera�e dcs�xlbod �bovo. .
<br /> ' L�enda may�at I.arder'�option�dNaln covc�ge w protect L,enda'�ti�hta in tho Propaly in�coo�d�nc'�o wllh p�r�h 7. .
<br /> All inwrw�ce pollcies and raiew�4 shall bc acccptabb a l.cnder md wiwll includo a qandard mo�IR�e clrwn.l.�a�dar ;
<br /> c�U wva ihe�ht�h��P���renawWe.lt L�ea�der roquira�Aorrower Alwq P�P�Y��vc w Le�Wa�Il e�ecclpt� ,
<br /> of paid �ap niwiu�uid reaaw�l natjces.!n tha avmt of io�s�Banowar�hall�ivo pranpt notica to�he inwnuice c�rrier�ad
<br /> � � I,��ds�.I.�uder may make proof oi loas iP not made pmmpt�Y bY Banowa.
<br /> � t1iAl1 bo oppliod w te�toraUoo ar r�qwir oi
<br /> Uakss Lendrl and Borrowa olhawiaa�roe in wrilln�.insuronce P�a'.eod�
<br /> n��, danuiged� ii �ha r�esto�atloo ar rapair ia a�mically feaRibk and I.ender'� �ocuriry ia not{essaied. If�he
<br /> 1 or n�air b not acanomicAlly feaafbb or l.enc{er's security would bo {essenod�Ihe inwranco Proceodt shaU Da
<br /> i appliod to�he suma socurcd by U�is Socurlty Inswmait� whulier or not ttic.n duo�with any auces� p�d a Bamowa.lf
<br /> I BaRawcr aba��done Iha Pnoperty�or das not ancwcr wi�hin 30 deys a��f�yLu�der �lwt ihc ni usaurence carrkr�
<br /> i offered 10 sepb a claim�then L.ender mey colbct�he insuranca proceods. pra'�
<br /> • the property or to pay sums sccured by Ih�Secu�ty Instrument,wheU�er or not it�cn duo.'Ilia 30�y w�ll be�in
<br /> � wtron ihe notic,c is�iva�. ������ipal sh�ll not eacl�nd or
<br /> Unless l�ea�der and Bormwer otherwise agrec in writin8,anY APP
<br /> postpone 1he dua dale oi 1he monthiY P�Y�m�fernd w in p�rag�pNs 1 and�a cl�angc!he w�wunt oi the poYme�ts.ii'
<br /> onder pa�rag�ph 21 Ihe Propert�+is Acqui�ed by l.c�der.Bonower's right to aay inswancc po4cies and poc,eods resWqng
<br /> fmm darrwge W the Property Pnor�o qfw ecquLcuion slwU pasq to l.ea�der a�he wcwu of the swav sxured by thls Sxurity
<br /> lnstnun�nl immodiWdY Prior w d�e�+us�tion. • � .
<br /> • 6.nOccupAncy. 1'ressrvptiou, Malokaancs a�d Prdectio� ot tYe Property: Ra'row'er's l.� Applkatioa+ •.�•'
<br /> • , • l.e�spbc�.� Barow�r�A�upY,��bll4h.tu� use the ProperlY av Borrowzr's p�1 trside�ce wi:���Y�Ys
<br /> ',;: a1�er Ihc executbn of�fiis Sccwaty]n�trwnent and shaU cominue w occ Y���+ty�v Sorrowrr'a prir.cipel residaacr . .
<br /> , . . 30�at i�as�one Year a?trr t3►� duu oP accupancY�unless Len�C ot1�e agrees in wrwmg,whlch co��t sha17 a�r fie.
<br /> '�� unre.aconably wi�hbeld.a's�n�ess euter+wadng circut�stances�ist which are beyaul ga�roaeJ's control.Sotroarer�1i1 noa .
<br /> d�v�roy,c�amaSe or impair the Aoperty,allow�he PropertY w aeuriorate,or commit w�vu on the PropertY.Bartowa sl►a11
<br /> be in de!'ault if any for�eiwre action or pracaQ�nB�wheU�ex clvil ar crimLial.is begun that in Lc�der's goal iai�h judgment
<br /> ( c�u1d result in farfeipue of the Property or otlu�vvl.se a�ate,�ally impair 1he Ilen crealod by this Security Instnune,�t or
<br /> 1 S,by causing 1he
<br /> Lender's securicy � w be dlsmissed wlyth a ruUng �bat.ln Il.ender's good falth�determinatlon,�proc�ludes forfeiwro of tt�e
<br /> ac�ion or procoedin8 or otha mateda0 impaimxnt of tha Ilen creatod by�his Security Insuumeru ar Lenda's
<br /> Bormwer's interest in Ihe Property '
<br /> socurky inte�st,eorrowcr ehall also be in default if Borrowcr,during tho loan epplicadon Process�Bave m�erlally falso or
<br /> inaccu�ate infatmation ar sla4eme,nls a Lender(or failed a provida l,cndcr wilh eny matcrial Infortnation) in cannectbn
<br /> .�' � wlth Ibe losss sYidessced by th!�Nae,includL►g,but not Umited w.rcpresenlations wnceming 8orrowcr's occupancy of Ihe
<br /> ! pc�ty a9 aptL�ipal rcsidcncc.If lhis Socurity lnswtncnt is an a Icaschold.Borrowet sbatl compiy with pil�iic prov��a
<br /> r of�tho- kaas. lf��rrowa' acquires foa t�11a w Ihc Property.lhs Icasclwld and the fec dUe slwll not merye unles�Lender
<br /> � �roes w the mergu in writing.
<br /> � 7. Protectiao o�Leoder's Rlghte io lbe Property. I[ Bortower feils W p�am the covenanls and Agroemen�s .
<br /> Contalned in lhis SeCUrhy InRtnimenl, cx U�crc is e Icgal procooding Ihal rtwY sigtlifiCBndy effCCt L.ondCr's rights in thG
<br /> PropertY (such av a proc�et11n8 ���P�Y•P���`��n��0°or farfeiwra ar w enforce lews or rogulotiais).
<br /> � It� I.et�der may da and pay for whalever is nocessury' w Protoct tho valua of Ua Proporty end Londor s rights in tho
<br /> propaty.Lcndcr's actions may include paying any sums socwad by a Ikn which has priority ovcr Ihis Socurity Instrument,
<br /> � : appcarir�8 N c�urt.P�Y�B��Ie atwmeys' foes and eou;ring on tho Property to malca repairt. Allhough Let�dor may
<br /> � lalcc actkm undcr Ihis paragreph 7.Utndcr docs not have w do so.
<br /> � My a�no+mus dWrorsod by Lu�dct undcr lhls paragreph 7 shall bhcame addl�otutl dcbl of Borrowcr socw�ed by this
<br /> : Socurity Tnswmcn�Unless Borrower and Let�dcr agree w cxher�crms of paymenb these amounts sl�all bear interast from
<br /> . i tho dntt of disbursemau �t the Not� r�o aM shall be payable. wlth fn�eres� upon not�ce from Lc�nder to Borrower
<br /> roquesdn8 PaY��
<br /> �. 8� Mort�pge lawrAace. If I.ender required mongage insurance av a condlUon of making the loan socured by thLv
<br /> � Socurity inswment�Borcower shall pay �he premiums roquirod to main�sln Ihe mongago inaurance in effeci.if.for any
<br /> � rcason, the mortgage insurancc coverage mqulred by l.ender lapses or ceases a be in effect, Borrower shall pay Ihe
<br /> prc,rnlums requirod to c�btaln coverage substandally oquivaknt w �he mongage insurance previously in e[fact, �t a cost
<br /> ; , substentially oquivalent w�he cast w Borrower of the mortgagc Insurmce prcviously in cffect,from an alte�rnsue mortga8e
<br /> ,� insurer approvod by l�ender.lf subsiantially cqulvelent mortgagc insurance coveragc is not availablc.Bortower shall pay tU
<br /> l � I,et�dcr each monlh a sum equal a one-twcllth of U�e ycarly mortgage insurance prcmium bcmg paid by Borrower when�he
<br /> :i � insura�ce coverage lapsed or ceased w be in eifec4 L.ender will accep�use and reiain these payme+�Is ag a loss reserve in
<br /> ��: ! Iku of mortgage insurenca. Loss rescrve payments may no longer ba requirod, at Ihe option of l.endu, U mortBeBe
<br /> i�s�rancc coverage(in U�e emount ond for thc period that L.cnder roquires)providod by en insurer epprovod by l.eaider
<br /> agajn btxomes availabb and is ob�alnod. Borrowcr shall pay iho premiums rc,quirod to mainlaUi mortgage insurenca in
<br /> �;: etfecb or to provlde a toss reserve, untll 1he rcquirement for mongage insurnnce ends in eccord.ance wilh anY wriuee
<br /> e! agrcxn�t betwocn Bortowcr and Lcndc,�cx applirablc Ir.w.
<br /> �, 9� inspectbn. Lender or i�s a8e��maY muke reaconable catrics upon and in.spocuons of U�e Propaty.l.eoder sha1�
<br /> ;j givc Borrowcr nuticc at thc limc of or prior to un in.spoction spocifying rca5onablc cuusc for thc inspccUon.
<br /> 10.Condemn�lion. 71x prococ�fs of any award or clnim for dumugcs, dtroct or ronscx�ucnual, in connocUon with
<br /> ITEM 1i161�(9tM1 Por�J028 9/90 (pole 3 0/6 parei)
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<br /> ! TeMdMG� 1•�00•WO•�! iA1t 116711.11�1
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