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<br /> � � pQjO�1�I.�CO�E[tEi�illEi. �ILC�OE C�OEF p10Y��E nNt�C t�II I�C CbOKO�Ha1�OWCi iW}�_b�.Aldlti_ "�
<br /> � �p1p�Y�1��1�_o0t 6C�bi��il�hdd: 1�80[lPr1Y'Q�f.�all!iQlO�llt�t C01rl�jE dElC�fOd�bOYtti�?!tll+f l�al�E� . .
<br /> ti t,eada�3�opcioo,abqm cwen�e a pru�ct�.eader�s r�ts ie�be PbQaty in.xoed�noe wi@►pca�r�pL 7. .
<br /> e ' A1110SRi11�E FO�lCICi!Od lE1�C�►iI5 9�1i11 l7C iCqEphblC W I.d1dR�Od lIIf111OCIYdE#ft�l,Swd�Q[f�CI�IMQ. �.EfldEi
<br /> . f�lill htYt 31iE fig�t fiQ,1101dlbE pOliCtCS�pd rdfEWiji. I�IR�1dEt tOQit�tLS.BO[iaWtd 6h�l��[Ijr gfYt t0!�dlt�111n001pLi .
<br /> 'of pid paniums�od ra�nva!aotioes. in the evau of bss,Bortowet sl�il g(ve panpt notice to t6e ins�naeoe`carriec and .
<br /> 'L.eader.<I�epdei may n�fke`proof of lass,if not m�de P��Y bY�'�* ' ` . . .-
<br /> � , � unkss Lendu aoa�Boaow�er a�tiw;s�yg�ee in writing.imuraoce poc�eds sh�u be�applipa.w c�tacatio�a�o�
<br /> � tbe Ptnpeety d�ni��ed.�tiie nestaruion of'repair is ec000rt�ic�ity feacibie�ad I.eoder�s sec�ity is nP�lasened.� lf the �
<br /> � �taatioo or iep�ur is not ae000m;wlty fe�'bk or�xnder�s sa�uity waald be k.sunaf.tl�e.iRSUr+noe ptoaeds s1Wt be .
<br /> --- - - - - - .- q�►t'iod to Ut sans seciued by this Saa�{itY I�t;w6ether a not then due.with any cxc�`pai�to Hdnawer..If�-- -`
<br /> Boavwer abandoos the P�ope�ty,or does not mswa within 30 daqs a'aotke fium l.ender tl�tde iawr�rx��c�crier h�
<br /> otfeend tn settk a chim,t6eu I.ender risay«�!lleei t6e�tt pobeed.s: i�end�r may usc d�c pocecds W nep�ir ar[estore .
<br /> a,e Ptnpaty a w p.y sums securoa ny rbis securicy ras�a�ent,wt�ether oc noc thea au�. 7l�e 3o-aay perioa w;t�begin when
<br /> tbe notke is given. '
<br /> Unless Lc�er aod Bormwer atbeevvise agrce in writing any applicatioi►of�pmcads to principat s6sU nqt extad o�
<br /> post��e dae dane of tFie monthiy paymenu refemed to in pa�agwphs 1 and 2 or change the amauat of tbe paymrnts. if
<br /> ` ` uodec(1at'd$�1121 tbe Roperty is aCqui[ed 6y I.Clder,BOr�owe['s rl'g11t to aay ins•�r��r.•ppljCiGS eed piveteds[a111titlg
<br /> � `from duoag�to the A'opertY Prior to tLe acquisition sl�all pus to Laoda to the exte,at of N�e su�socurod by this Securiry
<br /> Insutnneat immediately prior w tt�e acquisition. ' -
<br /> f. Ooaap�acp, Preservatjon, Msintea�aoe sad Ptotedion ot tLe Proptsty; Barrower's Lo�n �lpplia�os;
<br /> Lea�e�Oit�:•�ia�wer sI�alt oce}cpy,e.ctablistr,and use the Prope�ty as Born�wer's pr;ne'spat restdence within sixcyaays after. .
<br /> tbe e�oocatioi��cif d»s S+oemity 6isd�munt ar�d shail conannc to occupy ti�e Ptnpeny as Bormwer�s'pcincipot rtsidettce for at, .
<br /> kast aae year;afur t� date of occupancy, umTi� I.ender othecwise agrees in writing, �hich caascnti s�U not be ,
<br /> . uuu�asonabty withbeTd,or untess exunu�ag`.�-tacxes eaist which a�e beyond Barmwer�s contml. BoaoWe�sball not
<br /> . destc�Y.dam�ge or impair the Pmpat�;aTfc��e Pmpe�ty ro detedarate.or canmit waste aa tbc Pcvperty.•Banowa sliaU
<br /> .6e in default if aay fafeit�ne action ar "_p�viceed'mg,�rhethex civil or criminal.is 6egun that in L�der's good taith judgment
<br /> could nsuIt in forfeitune of the Ptopetty or othesw'�materiaily impair the lien a+eated by this Securi¢y�in�trument a
<br /> .�.�„�pderk securiry interest. Bomower may cuc+e such'a defauicand reuutate.as provided in paragraph 18,by cau�n�Yhe action
<br /> .;. �.dr proceeding to be dumissed wlth a ruliag tbat,in Leader�s go6d faith cfeteraninatim.PciecIudes farfeiaue o��he Barowa�s .
<br /> , inte�est in;tbe Ptoperty or othei material impairment of the lien creat�d by this Security Ins�vme�t or I:ender�s security .
<br /> iate�est. Boaawer shall also be in defautt if Borrower,during the Ioan applicarian proae�,gave materiaUy false oa�:.
<br /> inaccurate iulfom�ation orstatements to}.ender(or failed to provide.l.ender with any material infortnation)in connettion w� ;
<br /> the loan evidenced by the Note, including. but not limited ta�epresentations conceming Bomower's occupancy of the'
<br /> _� -- Frope�ty as a principal residedce. If this Security Insu�uinenF is an a teasehold.Boreower shall comply with all the provisions
<br /> �=-�— - --� of the lease. tf Bor�ower.acquires fee tide to tiie Propecsy;the Ieas�it�ldand the€ee titie�.nat merge untess L.endcr agrees, ' �--._-
<br /> to itie merger in writing. , . , ,
<br /> 7. ot Leodu's R�in tt�e Property. If Bairower fai'ls ta gerform the oovenants and agr�►ts
<br /> —= cantait�ed�Security Insdumen�ar.�dene is a iegal proceeding that may significai►t3y:aff�ct Lenderk rights in td�e .
<br /> -- Property(such as a proceading in 6ankruptcy,pmbate,far candemnution or forfeiture or ta enfor+ce taws or regulations).then
<br /> — i.ender may do and pay for whatever is necessery.to prbtect the vatue of the Proper[y and Lender s rights in zhe Prope►ty.
<br /> i�, �, � Lender§actions may inc➢nde paying any sums secured by a lien which has priority over this S�urity Instrument,appearing
<br /> - in court.paying reasonable attomeys'fees and entering on the i'roperty to make repairs.Although Lender may take action ,
<br /> under this p�agraph 7.Lender does nrn have to do so. ' . __
<br /> `�' ` Any amounts disbursed by Lertder under this paragraph 7 shall become additional debt of Borrower gecured by this --_—
<br /> • Security Instrument. Unless Borrowor and Lender agree[o other terms of payment,these amounu shall bear interest from the =.
<br /> date of disbutsement at the Note rate aad shall be payable,with interest,upon naGce from Lender to Borrower requesqng �--
<br /> PaYmen� e"�
<br /> 8. Mortgage Insurance. If Lender required mortgage insurance as a condition of making the loan secured by this . �;��
<br /> -��- :a Security Insuument,Borrowet shalt pay the premiums required ta msdnWin the mortgage insurance in efPec� ff.for an}
<br /> ' +;�r�s:'; . f �=;__.
<br /> �,,�:• _ reason. the mongage insurance covesa;e required by i.ender lapses or ceases to be in effec�, Borrawer shall pay the -
<br /> �` '� premiums required to obtain coverage subs[antialty ec�uivatem to the mortgage insurance previously in ef�ect,at a cost '•'�'
<br /> _�;,_;. . • •�,
<br /> ;��,;..;�..,;�,;� substantially equivalent ta the wst to Borrower of the mortgage insurance preveously in effect,from an atceaa�mortgagr {��',�..r:; :,
<br /> ,��¢ :��y�.�, insul+er approved by Lender. If substantialty equivalent mortgage insurance coverage is not avaiRable.Borcow��shaD pay to � �.#�<E`._
<br /> _ -T,4; Lender each month a sum equal tv one=twelfth af the yearly mortgage insurance premium being paid by Borrower when the � -
<br /> �s�•..= ,
<br /> =���;�'��_ insurance coverage lapsed or ceased to be in effect. l.cnder will accep�use and retain these payments as a loss reserve in tieu ':�
<br /> -`_�^_�1!•� of maRgage insurance. Lo�c reserve payments may no longer be rec{uimd,at the option of I.cnder,if modgage insuranct � ' :�_ ;
<br /> ----=� - g period that Lender requires)proyided an insurer a roved b Lender a a�n becomes
<br /> --_: .� covera e(in the amount and for the by pp y g ' , t�'�;;;;.•
<br /> �;K��'� available and is obtai n e d.Borrow e r s h all p a y t h e p re m i u ms re q u i r e d t o m a i n t a i n m a n g a g e i n s u r a n c e i n e f f e c t,o r t o p ro v i d e a t ,;;�'
<br /> _��:,��.f� f��':;.
<br /> —_ .�,„Y_,.• loss rescrve.until the tequiremeni for mortgage insutance ends in accordance with any written agreement between Borroa•ee .
<br /> ��p.r�Y �;1�;,:. and Lender or applicable Iaw.
<br /> �i"„ r 9 Iasptetion. Lender or its agent may make reationable entries upon aad inspections of the Property. Lender sh�7: �
<br /> ;4�e}�a, .
<br /> — -_,,,,,, ;,� • give Botrower notice at the time af or prior to an ipspection specifying reasonable cautie for the i�,ection. � �
<br /> �,���� 10. Condemnation. The proceeds of any award or claim for damages.direct or consequential.in connection+Nith any
<br /> ----— Singk F�mily-•Fanek M»dFieLdie Mx UNIPURM 11�SS?RUMEh'T--Uniform Covenants 9/90 Ipagei njb p;,��i
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