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<br /> ` �,�,;,��i ar ll�eq 1■�I�I�.Me��r u4��I�.M�i�1!o'�wr�r�o'�"ea��ariwwAa w�;lr�,io` ., '
<br /> �`"-, .: �r_i�i�a�i�e 1e�s.,i�r 1fw.i�i�i�eirdrd a�dii�ti�e Me�.'�MiM cor�M'.,id airy ali�i�wi.i�eYii ,
<br /> �Aooi a tbo�.fer wTii�t i.eo�at ra�ire�iM■r�oe..'1'k�irwi�s rirll be�ire�l i�tlrG�wf�oiMta�i��.ir rwNi �
<br /> *t C��1et,nqai��r.'11it i�wr�ee�rier pravi�ia���r�oe idl be cho�by,�rowrr�abjoct to,t�eade��i rPP�'+�
<br /> � i�iYi�c il�!t�b��+e�x�liiieW.rt Doreaw�er'lails trt�uda cores�e de�c�ib�d ab�ire.La�der maq.rt Laadbc'f ` :`
<br /> opic�.ob��i+oo�vaM�a,Pu�t l�ed�r'+el�s id t6e Piop�ty Lu�onord�noe vv�ri p�ea�raph 7. , � :
<br /> -J1il iwrrr�aue�oii�la and rm�vds�Yli.be.yoci�lvb'k W t.eede��ind ibalE inlode a staid�ed mortp�e ci�e. i.eoaer
<br /> ' ,._",�tiIYC�C t�11f�1�1G��t�Ei 1p�lC�C�i.u�O�E!lO�s���R[i01ll�tl�t�l1(�[Q�l�i�t�b� __
<br /> p�ia peie`wn�f and n�rw�aatia�.Ie�6e avat ot lon.Hon��h�l�ive peoa�pt poaoe so tAa inur�twe carrier.id.I.radv.
<br /> l,eeaer�aa�r'�1oe.proof ot lon if uot mde pivmp@y by►Bono�e�'• �
<br /> . " tJdeas Leetlet�i Hottio�er othetwi�t ase�ee in writia`,itbat�eioe pnno�x��ull be apptie�ta mtoe�l�ioA or cep�ir of tbe ,
<br /> : �aty d�a�ed�if t6e rntoc�tioe at repir it aooaom�li�►5as�'61e aed I,.eeder's�ec�ity is�ot ks�aied.If die n�orMion a
<br /> repir is mt eoauomia�lly fe,ar�ie or I.eoda's�awrity�rouW be I�ed.-did inau�noe pcuoeeQs�lall 6e�pp�tiad to the wa� �
<br /> �aca�ad by'dat Securit7►1a�m�eat.w1�as mt tt�u dae.�th anY e�aas P�id���F. If Harnw�er�adoor We
<br /> � P�opa�ty.or does not ans�a writhi�30 d�ys s notioe from Lreader tpst the iro�r�ooe c�rrier b�e offaed to cd�s cl�iim��lhen
<br /> L,end�r mry coltax tbe inaua�ree ptoceeds. Lsndes m�Y
<br /> use tbt�ptooeetts to eepir ar t+esto�e the Ptopa�ty.or,:to,p�y aums.
<br /> �a,yred by tLis Saurity ias�u�mt,wi�a or.aot thea daa TUe 3Q�daY P�rio3�71 b�wl�the�a6oe is giveu,�, ,
<br /> Unkas l,eader aod BormrMa dlkcwi$agax in,wrltlAg,any' aQpliption of p�o�eeds ta pri_neip#t si�ll�not��ztand-or,�
<br /> postpooe the due d�te of dse montWy paSmiaxs iefcre�to in piaagrepl�s 1 aod 2 or d�ange tbe unourR,nf�dt�paymrnts:.Ifii.
<br /> . . �u�der p�rssnph 2t tbe Pro�ty is aoqcurod by Leoda,Barow�t's rigM ur my inwtanoe�alic�s aod p�moed��ttp�;f=!���
<br /> �dann�e w tbe PmQr�tq Pnor to thG acqaisitioa sivll pass w Iaii�#a.ther�eat of the soms saa�c�ed by tfiis S�9�t�mnd�t°: .
<br /> �mmodittdy prior to d�e acquisition• . ... ..:�::;_=`::':`�`'%` '.' ` • �' ��• ' __ -
<br /> �<.�.,� _ Ap�ou;Le�d�i6iids.
<br /> f.Oo�.7,��stio�,'1►+l�i�t�ce aii,.�ti±�te�ion+oY��prt�,Bnrrawv's I.om
<br /> :�3orro�+ar s�li ooat�iy�+�4blis6..asdnse.tbe Pmp'or¢�at�'�osi��trer's g��1cmc witbin siuy da�s�fier sbe execution of
<br /> -,, tliis Sa�,ity.In�ii�an�sic��c�4i�ste ta a�afp�t1�e Pn+Psa?3'.a5$a�r�Cr s:�inee¢idf:ra�'ut�a�far ai k�st one year s�t , .
<br /> �..-ti�a d�te:�o'E oa�..'w..untess�othe:wise agree�na wimng�.�hich ooastae sluttl isnt:6��unnasonai�2y withheld.or uriless
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<br /> .. �:,:...��g� exist ahich aie fie��°:B�ei's��onbrol. Borsowu si�atl-not destroy. d�rrag�e or impair the
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<br /> •.• pi•ope�iy,:.a�o�v tlsc'�'roperty to deteriorat�.or corrimit wasce on tue Property+.Bomnwer shall be in default if any forfeiture
<br /> `. •aepoa�r:proc�ing,whettKr civil or crimin�t,�is Begun tl�t in L�nder's good faith jndgment oould result in facfetta:e of the �.
<br /> Property or oduiwise nnatevially impair[6e lien cn�tod by this Security lnstrument or Lender's savrity i�tenst.Bormwer may
<br /> cure such a defaalt and ninstate,a4 provided in paragisph I8.by causing tt�e aetion or procading to 6�distnissed with a tuling
<br /> that, in Lender's good:f�ith detertnination. precludes forfeitun of the Borrower's intencst in the Property or otl�er rnateri�l
<br /> imp�um�ent of the lie�i cnated by this Savriry Instrument or LeMer's se+curity inter�est. Bumower sha11 also be in defaolt If
<br /> n 8orcower.during ttre loaa appHcation process.gave macerially false or inaccurate infprn�ation or statements to Le�Wer(or failod
<br />- to pmvide Lender with a�ry maceria{inform�tion)in conncctian with the toan evidenced by the Note.including.6ut rot llmiud
<br /> to.Aepasentatio�s coaceming Bomawer's occupancy of the Praperty as a principal rcsidence.if this Socudey lnstnunent is on a _ ---
<br /> leasehald, Borrower shall comply with all the provisians of the Iease. If Borrower acquires fec titk to tht Property. the v�s�,_�_-
<br /> leasehold and the fec tide shall not me e unless I.ender n rees to the mer er 3n�writln . �^-�1--
<br /> B S 8 S ',����,
<br /> 7.Ptotectian ot I�eader's Rights in tht Property..�If Borrower fails to pecform the covenants and agrcem�nts oontainod in -:�.:-;r,�
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<br /> this Security InsWmene;or there is A legal proceeding thac may signifi�antly affect I.ender's rights in the Property(such as a � .:;,�•_
<br />_ prooeeding in bankruptry,prabata, for condemnation or fosf'eituro or�tc�enforce laws or regulations),then L.ender may do and •�- � _
<br /> pay for whtitever is necessary to�protect the value of the Praperty and Lender's rights in the Property. L.ender's actio�s maY , _ __
<br /> include paying any rums socured hy a lien whicts+has priority over this�Security Instrument, appearing in caurt, paying ' . �
<br /> reasonabte attomeys'fee.g and entering on the Praperty�to make repairs.ASthuugh�I.ender may take adion under this paragiap6 `.',.�'.�_
<br /> ,"'�' �:.� 7,l.ender does not have to do so. . r' --
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<br /> _.•� �'�' Any amounts disburseQ by I.cnQes undev this paragra�b 7 shall becor�additional debt of Bonow�r secuse3 by this . � ' ,
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<br /> t.•�:,:i< . • Security I�strument.Untess Borrower and Lender agree to ather serms of payment,these amounts shall beas interest from t he
<br /> �:�:':�::�t. � � dace ot disbursemeru at the Nate rate and shal! 6e payabte. �•i�h inter�x,upon notice from Lender to Bonowec requesting
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<br /> �. _.�_. ,_:. ; payment. � . s�--
<br /> _.: .,�.�;',; . S.Mortsagt Iesnrance.If Lender required mortgage iasurance as a condition of makins the loa�e seca:�ed by this Securiry • � �:_
<br /> 'r. '��•:� ` � Inst�E.Borrower shall pay the premiums required to c�ntain the mortgage insurance in effect. if. for anv aeasu�. the -•- - :� :
<br /> �`•.`'+`"� � ' mortgagv insurance wverage tequired by Lender lapses or ceaszs to be in effect. Barrower shatl pay the premiums x;qcired to : F��,_
<br /> � �""�'•�'• obGtin eoverage substantially equivalent to the mortgage insurance previoinsly in effect,at a cost substantialty equiqa��:tt to the "`!,-
<br /> :_�ti�' .� � . � casf to Borrower of the mortgage insurance previously in effect. from an attemate mortgage insurer approved by E.ender. If ' _ .
<br /> � ' ' subatantially equivalent mortgage insurance coverage is not available.Borrower shall pay to Lender each month a s::�equal to
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<br /> ,..,.,.,.,,•. � . ` one-twelfth of the yearly mortgage insurance premium being p�id by Borrower when the insu�tt�ce coverage IapseQ or ceased to �--��. �� �
<br /> �<":%'`�`_�.=- be in effect.Lender will accept.use and retain the,r•e payments as a loss reserve in lieu of mortgage insurance. Loss reserve f '
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<br /> • "''�. . Fam 3028 9/80 �
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