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<br /> . '. s. Hmei,.�'lt�atr Inwes�oG Hor�v�ra,mli teep ma`��mv�exi�a eae.naa��ad aK, ,
<br /> p�,npe�ty insured ap,in�t tess by ficr.harnidr imcluded wtthln the term"eataded oover�e`a�d s�Y otHer l�auid�. irocf�da1t`
<br /> tioods or fluodiag.for�Lafder raNi�s imur�uce.This insunno�sh�tl be m�iuvined in the am�ounts u�d for tl�petioits
<br /> , tpat I.rnder�equins.'lUe erauranoe ca�r P�nvi�1L►8 the ipsucanoe s�alt be chosen 6y Borrower subjax to L.er�ter's approval .
<br /> wluch shali mt be unnasonably�itith6eld if Boriower fails ta mainrain cu,�erage descn'ix�abnve, Lender may.�t l.a�der's
<br /> tlption.obnin wver�ge to protax Leader's rights in tAe Property in�acmrdafioe with pa�h 7•
<br /> All in�anoe policies aud�ea�wals shali be aooeptabte to Lender and sh�ll incInde a stactdaid mortgage ciause. t�ender ,
<br /> _ ' shall bave the right to hotd thc policies and reoewals.If Lender ca�ins.Bormwer shall P�PaY 8�e w L�ader�Ii receipts of
<br /> paid`pce�aiums a�d ieae�.�noaias.In the event of loss.Bormwer shall give pmmpt noeiae to the insurance earrier acid Lenkr- .
<br /> I�endec may m�ice proof of loss if not made PmmptiY bY Sorcower.
<br />- UNess I.eoder and Borrower otherwise agnoe in writing,iasurance procads shatl bt a�pplied to restoration or repair of tbe
<br /> p�y��,���o�a�r�pair is e0000micallY feasible and Ieader's security is aot lessenod-I�the nstoration or
<br /> �ir is aot eoaapmically fe�te or I.endu's savrity woWd 6e lessened,the inwrdncx pmooeds sball be applitd w tLe stuns °
<br /> sa�ued by tbis Sesuriry Instramart,whether or not tUa�dae, witlt any txass paid to Borrawer.If.Bormwsr abandons the
<br /> Pmpaty,or does�wt 9asvru within 3Qedays a notia fram Ltnder tbat tbe ir�suranoa carria has of�etod to settle a daim,d�en
<br /> Lender may collea the inwrance pmceeds. Lender ma�► us�the Prac�ds to npair or restore the Property or ta pay suau
<br /> - � secured by this So�rity Ia�,whethea or not then due.The 30-day periad wi116egin wha►the aotioe is given.
<br />° Untess I.eadee�a�d Borroa�er athe�wise agca in wrian8, u►Y aPPUwtion af pmoeods w principal shail not extend or
<br /> _ postpoae tbe due date of the monthly payments nftrned to in parag�aphs 1 and 2 or chang�the ait�ouTtt of the paymenu. If _ —
<br />-= under paragrapb 21 the Property is acquiied by Lender,Bornuwer's right to any iasaranoe policies ud procecds nsniting from =--
<br /> _ - dtimage w the pm�p�eity prior to the acquisitioa shaU pass to 1.eMer w ti�e txtent of the sums secured by this Security Insunment -------.
<br /> immediately prioc to ti�e acquisition. �
<br /> �:-_:=.:
<br /> i.Ooc�tp�ncy,Perse�vat�an.Ma3nten�noe iind Protxtion ot t6e PropeRy;Bo�iu�sr's I.oan Applic�tion'I.easebolds. == -
<br />� — Bor�ower s1ia11 ac�upy.establish.aud ase che Propaty as Barrower's principal iesidet�•�within sixry days after the execution of �;;;�
<br /> ---- this�Security Inurument and shatl caMinae ta ooeupy the Pnnperty as Borrowu's pc's�.�p a 1 resi d ence for a t l e a s t oae year after —.:�—=--
<br /> the date of oecupancy.untess Lec►der otf�ersvfse agces in writing,which co�sent�pot be unreasonably withheld.or unless -�:-r.
<br /> , ,. cmwastaaces exlst wlr�a are beyond Bormwer's condol. Serroa+cr�.not destroy. damage or impair the `
<br />- �t�u�atin8 �t .
<br /> a,�a� .:a:,��:. �r.altow the Proptcty ta c?�`�:o�ate,or comrhit araste on the Property. Soc�'rr shall be in default if any forfeiture :.;:__
<br /> "�.t;,�-• a�ai�ar p�S - -_�—
<br /> ,whether ce��,'�ur criminal.is begua that in I.ender's good faith,�3gment could resutt in fodeimm of the : �.T..T, ._ ,=
<br /> '-_�- Pts�pe�ty or a�isc materially�i�ipa'vr tbe li�s created by this Security Inswment or Lender's securiry iaterest. Borrower may, . �'.;
<br /> .,:;.�=';:,_�,.;_ . ' •.,�
<br /> ;=;#:.��.`'.�; , cure such a defaalt and reinstate,as pmvided�z+paragraPh 18.by causing the acdon or pYoceeding to be dismissed with a tuling _ �.. __ -
<br /> �3.��;��.�s.. that. in l.cnder s good Eaith det�r.�.�atian.�cludes forfeiture of the Born�wer's���rest in tRe Property or other materiat . ,f�..._� .�
<br /> �r x�,,_ impairment of the lien creatod 6y:�r-.�s Securixy Instrument or Lender's secari an�'rs�...Bonower shall also be�default if �"`�'='�-
<br /> � 1,�•,.t:R T. '
<br /> -� ' �"•T5.T�.�,'. -+ , ve materiall false or inaccurate in.`��� or stateraents to Leades{or failed --
<br />, aa�•- Bornower.during the loan appl6�c±,-�'sx�sS-8a Y , r�
<br /> '��`� to provide Le�er with any materi�i�forc�.�ian�in cot►nection with the la�n evidenceB bti�he Note,incIuding;'ds�t not limited �..:°`�;,�._
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<br /> .:�;�:r..._.�.,_. . �:•• to,rePresa�tations conceming Barrower's ox�pancy of We Property as a prinripal reside�ce.If this 5ecnriry vuut�ent is on a ` � #... �i_
<br /> � '-°�,`''��'.-''�' �.; • leasehold. Borrower shall compty with a11 s?re provisions of the lea�- If Borrower acquires fee tiile w the Propeny. the - ;:. �
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<br /> -_. . . , leasehold and the fee titte shall nat merge unless I.ender agrees ta the merger in writin�. ' <.. .. ,:..
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<br /> ,.�r���.:;.--,� , 7.Prottction ot Lender's Rights in the Property.Tf Borrower fa�ls ta petform�e�sovc.�nants and agreements contained in ;�iJ�;,="�: . sr".
<br />' this Security Insuument,or there is a legal procecding that may signif cantly affect I.en�r's righu in the Property (such as a •'.". "
<br /> ��itq�`t.' " '= ' ''° ' proceoding in banktuptcy.pmbate, far candemnation or forfeiture or to enforce laws or regulations).then l.ender may do and �� .�,r
<br /> �.iF�C�,�'`..�'ry � '
<br /> . i�-:. : ,_ ^` •'� pay for whatever is necessary to protect the value of the Property and Lender's righu in the Property. l.ender's actions may �.
<br /> `��t. :. ' include paying any sums secured 6y a lien which h�q priority over this Security Instrument. appearing in court, paying
<br /> �'��'�.:�—. ���:
<br /> � ��°t � reasonabte attomeys'fces and en2°ring on the Property to make repairs.Aithough Lenc�r may take action under this paragrap h "�'��
<br /> -•�;'• � ~� > 7.Lender dces not have to do so. ��.... � .: ���
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<br /> ..���� .,, . Any amounls disbursed by Lender ar�fer this para;raph 7 shall become additional debt of Borrower secisred by this �•.
<br /> ' '• ':?•-• '•• � Secutity Insttument. Untess Sorrovver a.zd f;�-.,�c agree to other terms of payment, these amounts shall bear interest from t1-e
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<br /> �. -.�'= � date of disbuisement at ihe Note rase and b^�� be pa�.:ble.with interest, upon notice from Lender to Borruwer rec,uesti:� • :
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<br /> . -�;�::.,'.u� pa�� A��,�rx�e s a condition of makin the loan secured b}e.��s Securit� . . ' : _
<br /> ��� ....�,.._• . � 8.Mortga�e Insoran�.F.4f�der required mortgag_-:.�- ;,� g
<br /> .:ti�— •=��°.. tnstrument. Borrower shall pay�.:premiurs:s required to maintaiss dt�n�rtgage insurance in effect. If. for any teason; tEr� ..__
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<br /> '�"• �'�=:K's�.�. : r�wrtgage insurance coverage rec�i:sed by Le�der lapses or ceases to be ir.�effect.Borrower shall pay the premiums required to ,.
<br /> "�."�•'� ' obtain coverage substaatially e�},�.�atent ta the mortgage insurancc previously in effect,at a rnst substantially equivaleM to the ' . .�`
<br /> ��•� `�- .- cost to Borrower af the mort�z insurarke previously in effect. from an altemate c�rr�gage insurer approved by I.ender. If �. �;';s`;;,. ' •
<br /> �i3;�.; ,. =,:�...-,-y��-; : :,.
<br /> ,t:•;.;,*r;,;,, � � substantially equivalent mort�,,,�:i��surance coverage is not available.Borrower shall,��ta Lender each month a sum equal to •:,,,;;,•.,s;.....
<br />. one-twelflh of the yeazty mactr;s�e insurance premium being paid by Borrowet when the insurunce coveragc lapsed or ceased to � ,�.`�"�''
<br />" , be in effect.Lendtr wiU acce�st.use a n d retain t hese payments as a loss reserve in lieu o f mo rt g a g e i n s u r a r k e. L o s s r e s e rv e ,•
<br /> • Form 3028 sl90 ;
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