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<br /> . i. i�ii1 K`�!y�ro�. 11a�wr�tl loee�iie i�noMemei� m*.-�i oc.�. a�!ie . .
<br /> :<- , '�I�O�If(Y�MM����I�f'!���IIC�11�lf�Nr�111�!'lEl���ilE�l�O�170Yf1'�l�.��!01�lf�� l ,
<br /> - Aoal�or 11oo0A�.foc whicl�l,erider r�equitra in�r�e.'rl�i�wnsa�1!�5e uMiadided in�e�norts��a'tit iirtiodi� .
<br /> .d�t lrwWei ieqrira.Tbe iuwr�nae c�rrkr providi�ehe.i��1!be cLoan by Homawa ta6�ect w Loader's apQ�ov�l
<br />_ vrt�h 3[�il not be�y rvitld�eld. if Boirower t�i{s 1e na�ialaiA cav�e detcti'bed�bc�a�i.eoder mry.at I.e�der'rt ..
<br /> aptiaa,obtain�oret�e ur pevtect I.endee'�ritlks in the P�upaty in accn�ooe wk6 pr�ph 7. ' .
<br /> IUt in�ur.i�oe policia��!noewals s6�u t,e.caept�ble w Leada aad s�au;ncluae s staaaara mott�e ct.e�e:trwaa
<br /> dwll�avE tAe ci�E b l�id tb6 poliefea aed t+ea+vsLt.-If I+mdes ne�t�+a,•Hosmwsr af�l!p[asfpllY tive b I.eAdet dl neaipts oi_. .. �`.:
<br /> . P�P��ed tra�e�vd notica.Ta tLe aa�t of,1o�,Ho�mxer slWl give panpt aatibe ta d�e imur�ooe qntier aod Laodet. ,
<br /> L,ender mry md�proc�t of ba if not m�dc pcomptty by Ba�rer. .
<br /> llnkss I.endc'r aad Hoaowsr atha�viu ag�ea in wR'soin�.imuranve proceecls sbW 6e�pplied W rsKOC�ion ar nep�ir of the •
<br /> �epe�tY d�o�ed.If tl�t�ato�oA ot teqir is eoonao�ipity fea�'Ma�d Lmder's se�vrity is nat k�eioea.�f tbe n�tw�tian a
<br /> • tep�ir is twt ecajomi�lly tea�+ble ot Imder's�rity�rouW be ksfened.tbe inwwace qooeeds t1�11 be spptied to the wo�t ' —
<br /> recur�ed by tbis Securiry In�uumeat.�vHethet ar not theu due.with�fnY exoess prid w Bo�rowa. If Boeeo�►her�tbe
<br /> Propaty,or does mt mwer MiWin 3(1 days a notioe fmaaf l,eader tWt tbe i�oe wrrkr 6ss oiiend W aettk a daim,tLa►
<br /> l.ender mry ooUoct t6e iasaemoe pcooe�ds. L,eudu mtp use the pcaveeds ta c+epair or ieaton the F�opaty ar to pay swas
<br /> s�o�vred by tlds Seauitg Insdwatnt.whett�er or�nt then dae.Tde 3E�day period w�l begin wha�thc noux is�ivea. '
<br /> Unlas La�dri aod Bori+awer"atherwise�ee in writing. u►y �ppliatioo of prooeeds w principal sliali mt axooad or
<br /> postpooe the dne d�te of the motuhly psymtnts c�eferKd to in p�ragrnphs 1 aod 2 or change tl�e amou�t of the paym�s.U
<br /> �der parsgraplt 21 tl�Pnoperty is acqatned by T.endu.Bonawds right to u►y insurance policies and pt+ooeeds�eso[ting fmm
<br /> dur�ge to tbe FropecEy prior to tbe aoquisition sl�all pass to L.ender to the exteat of tbe sums secunod by t6is Seeoiiry 1m�meat
<br /> immedi�tdY Prior m tLe ac�ais�o�t. -
<br /> �.Oc�c��.p�+eenatw�.Mai�oe aud Ptotedlaa ot ti�P�atly,aaet+uwePs I��tion3 I.eretiold�..� "��:.,
<br /> Baiu�ver sl�at�4�.esnbli�te;�mct use the Ptupe�ty as Borrowds pci�irr��+esidmce v�hia;s,�i�s afta tbe axeeutiono�:�".�:-:-,..
<br /> 8�s 6a�rity r�eet���nd sh�Cl rnatinue�o oxupy the P�aperty as Bnc�ei's�:c�d�fci�'l,�+�ic'at Ia�st sxw;e,..year aitet� . ,
<br /> i�'�r,Bme of oocitpanay.udess�ie{sdeF ott�erwise a8cxs�wanUng,whicfi oat�sent shi�ii tai��"'•c azni�ly w�:or ualesa
<br /> .., �ing cir�oa ei�;�ivhich ane Ixyo�d Basd±qi�s �. BorrovYer-�;�i�des�µz�;-d�'f�`.��'ivpoir tbe :
<br /> ' •�ip�t�r.allow the Pmperty�r=�aeriorau.or commit vca�an tue P�upetty. Bun��;�sfiali hc�i%�It�f,�forfeitare
<br /> , ,4•�*+3 or pro�g,.whahe;¢ivil or crimit�al.is 6egun ttr�f�ii�.eadec s'gaod�ai��i�aeat caiid'i:t i.�t'ia��e of tbe
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<br /> �or��e..�Cti�.s�pairthe liea created b}�t�.�iiig'�'��*�'a�T�isider's saaiiity mteces�:�oi�awter tr�. . .
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<br /> � c�a?:�diu�'a i'�taci?t��M:;�ds pmYided'iD pai8g�dp�.T:�,�=t"dus"sri$c6e acxiass ii��xading to be dismissai�iaitix a mtfng .
<br /> tF�'Cii,��dea s'�ai�.�i��inatiun, Procludes fos�`�ntt:af the Borrower"s��nrerest in the PropeRy ar o�'tmteri�l
<br /> i�id�iii�eat a��e i��t'�it'(5v-;3his 5ecurity Insuumait er i.ender's securiry intecest.Borrower shall also 6e in default if
<br /> Borrower,duti�tL}e iflan'�.t�"i�i;n pr�-gave materially false or inaccnrate iafom�atton or statements W Lender tor faitad
<br /> to provide L,rnder�vith any i�':�'J infornti�ion)in connection with the loan evidenced by the Note.including,6ut not liotitod
<br /> � to,re�esauations oonceming`�srrower's occupancy of the PmpeRy as a principal resIdenee.If this Sxurity Instrument is on a
<br /> leasehold. Borrower shall wmply with all the provisions of the lease. If Borrower acquires fce title to the Propetty. the
<br /> teasehold u�d the fee title shall not merge unless Lender agcees to the merger in writing.
<br /> 7.Pt+otedioe ot I.mder's Rfp,hts in the Property.If Borrower fails to perfortn the oovenants and agreements contained in =
<br /> this Socurity Instrument.or there is a legal proceoding that may significantly affect l.ender's rights in the Propetcy(such as e �-_
<br /> procceding in 6ankruptcy.probate.for condemnarion or forfeiture ar to enfarce laws or ngvlations).tha�Lender may do and ``
<br /> pay for whatever is r�ecessary to protect the valne of the Property and Lender s rights in the Property. Lender's actions msy �
<br /> include paying any sums secured by a lien which has priority over this Securiry Instrument. appearing in court. paying =--
<br /> reasonable attnmeys' foes and enteriag on the Property to make repairs.Although l.ender may take action undet this par�graph �`-__-
<br /> 7.Lender does not have to do so. ,.�
<br /> Aay amounts disbutsed by l.ender under this paragraph 7 sha11 become addi6onal debt of Borrower secured by thls �`-
<br /> Socuricy Instrument. Unless Borrower and l.ender agree to other terms of payrt�ent. thesc amaunts sfiali bear intercst from the �;�.�`
<br /> date of disbursemcnt at the PFot�rate and shall be payab[e, with interest. upon notice from l.ender to'Botrower requating �t=�-.
<br /> Pal'ment. , ���
<br /> $.Mort�t Insarat�ee.[f i,.ender required mortgage insurance as a condition oi making the loan secured by this Socurity �.:� ,
<br /> I��rumen� Borraxer st�a11 gc�y'the premiums required to maintain the mortgage insurance in effect. If, for any reason, the L.
<br /> n�ge insuran�x cov�age ce�{uirod by l.ender lapses or ceases to be in effect.Borrower shall pay the premiums requiraa to ,,;�,_
<br />. o8�n coverage snbstantialiy e��ivalent ta the mortgage insurance pnwiously in effect.at a cost substantially equivalent to the ��'•�=`
<br /> a�3o Borrower of the mortgage insurance previously in effect, from an attemate mortgage insurer approved by Le�er. lf �"•:`
<br /> siibstantialiy eqnivalent mortgage insurance coverage is not available.Bortower shall pay to Lender�3�:1;month a sum equal to
<br /> oo�-twtlflh of the yearly mQrt�ge insnrance premium being pald by Borrower when ths insurance cn3 erage lapsed or ceased to ���
<br /> be in effect.Lender witl acce�,use and retain these payrnenis as a loss reserve in li�i of moRgage insur�ice. Loss rcserve .�'_=
<br /> IFam 302a s180 - ^
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