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<br /> �'� perials tiiut lxnd�x ttqulres. 'Ihc inayr�nca currlcr pmvtdi►z�tl�insuraticx sh�ll.l�c ch�ss;xn i�y Snrrowct suUjeit to l.r-�x1er� -
<br /> °-_ -=�� uppru�til w��ic{�Rttnll not(¢c unreasor4�bly withtccici. iP i�atiowr.r fafl�to�i�:�intai�i�.wvcraga des��t�zd at�oct��lanAer n�ny,eae
<br /> ----- L.esd�er4i option,nNtti�i covcragc to prcKect Lemtcr�rights In!l�Pm{�ny i�?aFsatdaaac with{iarsgra�7.
<br /> _---=� Ail inr.7�remca�ali�les anA rer►swaie sh�11 bn nc�uptabla to l.cnder and�l�utl incluck a 6tandard mortgagc clause. Lendtr
<br /> ___���,— shnli have tlta rigltt ta h�ld thc policies and rencwnld. If 1 e��r requicex,�atmwer sh�ll pnmiptiy givc to Let�dsr aIl rcre(pts
<br /> =��!%rYi�y v� � of paJd�7rcmivats and r.,netvztl Dallces. In tha cvcitt of losg.dofrows�c stinll�ive pro�npl tiotIcc ta tho insunurca cnrelc.r anci
<br /> Lendsr. Lendtr may m�ko ptoof af loss if nat rtiude pmmptly by Bo�mwer.
<br /> _- ::_�,� r. Unless Lcndcr und�orm�v2r otHonvlse o�in writin�.insurattce procetds shnll Iw nppllcd to res!orc3tIon ar npr..�ir of -m-�- -_
<br /> ___--_--°-=s%k��,,,�'� �he ap da�d. if tha restomtion or rep.�ir is economicalty feaslbie and Lenderfi securiry ia not lessened. if the '-T -
<br /> � - ���: restopmdo oe apair ts rtot ecanemically feasible ar Lead�r�securiry would ba lessened.the insumnce pmceeds shflU be
<br />-�`N';�,��'::�,�:� upplted to the sums secwM by this 3ecudry instrnment,whather or not tt►en due,wlth any excess p:tid to @omower. If
<br /> -' x' `�'�'° perty,or dces rtot answer within 30 duys u notlro from Lender d�ut tha insumnoe c�nier has
<br /> -�,�,r •�,;�t��; Barrower ut�ndons the Pro
<br /> � affemd to seUle a cluim,then l.ender may collect the insurnnce pioceeds. Lender mny us�the proreeds to rngair or eesro�
<br /> ��"���' ���!��- the Pnopsrty or to pay sums secuned by this Secwity Insttument.whether or not then due. The 30dny p�dod wf!!ts�irz:when
<br /> �' ' " '"'`� ehe natice is given.
<br /> :'°� : � Unle.as Lertder and Borrower othetwise agres in�+rcitIng,:tny npplicc�on of proceeds to prirtcip�sDail nooe exbern�or
<br /> '. ' •` postpone the dus date of the monthty puyrnents refemat to in purngraphs 1 and 2 or change the tunoua.t�f tl�gayments. !f
<br /> � ° under paragraph 2l the Property is�squi.e�d by Lender. Borrower�nglut to any insumnce pa1lcies ur�d pa+a�eeds resuldes
<br /> . from dama�e to the Prnperty prcar e�rSTe r:�squisition shull pass to L.ender to the eatent of clte sr�ms rece�md by tbis Security
<br /> ':: .,:/,.;_ Insuument immedtately prior to r]hes�uiscu�on - _-__
<br /> .::X.;,;< . . 6. Occae�cy� Preseprm46�m, 1l�mE�S¢unu¢�¢ and Protection ot the Property: H4�rzurvz7me'� D�ran Appik�tton; - - ----
<br /> ;,-,,,t:�,`� "' I.ease6Q9�s, 1BoYrovree shalIl�cmpy.¢staf�ll�sh.aa�a�se the Ptopecty as Borc�wer�s pdncip�l¢�:sidertse err[thin sixty days after ---
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<br /> �.,�... ..,.; t@rx eaecut6a�n�f ehis��ureey Ias-�nt amd s�eaatinue to occupy the Property as Bo+�ow¢r's p�ncipsl residcnce for�,t .-------
<br /> '.ff�{. .�;, • least ane year afteff ¢Cee da8e mf oscupamsy. w►�ess A.¢erder othenvise agrees in writin�. which consent shnll not be
<br /> , . �,�:. �',�: � �eeueasvnamAy wiIIhhald,or�anIess ex¢¢nuawng cne�cumstarnc¢s exisi which ure beyond Ba�nos+rer�control. Bamnwer sSe�ll not
<br /> _ •. ;,.,;�; d�p,d�a�e or 6mgair the Pt�grrny,allow II4�e�gertq to deeeriorate,vr rnmmit�w.�ste vn t➢ie Progerty. Borrmrxen sfialD �___
<br /> ' ° ' �e in defauDt iff aiay ffoafeiwne aciion or p�diing,�vhet�er civit or crimireal,is b2gun that in Lettd¢r"s�av�fanth jud�m.eRE
<br /> caufd result in ffo�4�:�c�eec of the Property or�rnfltcc.-nvvise materially imRaia ehe lien created by this Securi¢g lnstm�n�nt�r
<br /> `� . ` � Lendcr's security intQ�st. Bomower�ay cwe xc�r�a a defarrit artd minstate.us provided in paragraph l8,lby causing II�te activn _
<br /> " �i�;•� or prliceeding to be dismissed wende a eulin�tha¢,in Q�R�rr'�p_QOd faith deternsination,precludes forfeitum of the Bammv+rer�s
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<br /> ; �, �,, ia�ten.s ia the Property or other mnaedal imp�rtroznt off thz lien cceated by this Security Instruneent or[.ertder's se�tity
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<br /> ��,,K,r� , intemest. Borrower shall also Qcr im default n6��mower, during the loan application Frocess, gave mazerially false or
<br /> `• ��,• inaccurat�infortna6�n or statemenu to Leteder(or tailed to provide Lender with any material infonnation)in connection with
<br /> �• ' �• the �van evidencedl tro}r the Note, including,but not limited to. cepresentations concerning Borrower�s occupartcy of the
<br /> ',_ _�:�:-;_•: Pro�r.ty as a princi�a�residence. If this Security Inswrreent is on a leasehold.Bornnwer shali rnmply v►�th all the pmvisionr. ___
<br /> _ �� ;,.��,,:«� - oi ic�r�a�e. It i'wriuwer a�x�uuc�fcc tiitc io ihe FraZ�rty.u'�e t�txftd ar�3 the i�titiz��:r�t rr��unl�I.end�-�agr-� _-
<br /> ��'�• : to the merger in writing. �,
<br /> 7. Pe+ofec�iau of I.ender's Rights in the Property. If Borrower fails to perform the covenanu azed agreements =
<br /> contained in this $�uity [nswment,or ther+e is u legal proceeding thai mey significantly affect L.ender's rights in the ��_u
<br /> Property(such as a�roceeding in bankruptcy,prnbate,for condemnation or fo�rufeiture or to enfarre laws or mgulations),then �-�r
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<br /> . Lender may do and pay for whatever is necessary ro protect the value of tOrc Ptoperty and Lender's reghts in the Property. ,a.._
<br /> � Lender�actions may include paying any sums secuoed by a lien which has priority over this Security Instrumen�appeating •:.��:�
<br /> �� _ in court,paying reasonabte attomeys'fees and entering on the Property to make mpairs.Although Lender may take action •�^,�;��
<br /> under this paragraph 7.Lender does not have to do so. ��
<br /> A�y amounts disbuned by Lender under this paragraph 7 .hall become additional debt of Bormmuer secured by this ,
<br /> Security Insuument. Unless Borrower and L.ender agrce to other term+of payment,these amounts shall�rar interest from the
<br /> date of disbursement at the Note rate and shatl be payable,with interest, upon notice from L.ender to Qiortower requesting
<br /> payment. ° ° _,.:
<br /> 8. Mortgage Insurance. If Lender reyuired mortgage in�urance ati a condition of re:�king the toan secuced by this =
<br /> Security Inswment.Boaower shall pay the pmmium. reyuired to maintain the morteage in.urance in effect. If,Far any .
<br /> .. r�eason. the mortgare insurance coverage rec�uexd by Lrnder Iap�e+ or rrases ta be in effect. Boao�r�er shall p:ty tt►e
<br /> premiums r�equired :s obtain coverage su�ssce:��:�{[y eyuicalent to the mortgage imurance previoush dn effect, at a cost
<br /> substantially eyuiva�ent to the coct t�Bo:vr.m�c��°ahe mortgage imurance previousl� in effzct,from an tl,�zmate mofftgage
<br /> insur�er approved by Lender. If subtisanfiu➢^�euaah•alent mongage imarance covcrage i�r:«; ,e�ailable.Bomower shali�+ay to .
<br /> Lender each month a sum eyual ta or.t-twell'th of lhe ycarly mortgage inwr.uice premic�rrr I�;ing paid by Borrower when the
<br /> insurance cover.�ge lapsed or ceatied to be in eff:ct. Lendrr wili arrrpt,u,r and retain the�:payment,a+a los�resecve in lieu
<br /> ' .` of mortgage insurance. Lotiti retien•e pay�er.r.-.may no longer bc rcyuirrd,at the option oi Lender,if mortgage insurance
<br /> ° coverage tin the amuunt and for the pericxi th.tr�ender reyuirr,)pnrvidrd by an imurer appmved by Lender again becomes
<br /> available and is obtained.Borrowrr shall pa}th�prt�mium.rryuircd to maintain mon�arz insurance in effert.or to provide a �„ .
<br /> � • loss reserve,until the reyuirement ti�r murtgagc inwrance r:«��in arcorJance with am :tir.:ien agreement brtween Bormwer i ����r•::
<br /> and Lender or applicahle law. � S .
<br /> 9. InspecQion. Lender or it.agent ma� ittake rea�or.a:•:e�ntrir+u{x�n and im�r,cxm�of chr Property. Lender:hall �
<br /> give Borrower Roti��:at the time otor priur t��nn ir.;�ertion sprrifying rca��:�r�::^!:rautie for the in,pection. �
<br /> 10. Candeu�ru,IInon. The prix�ed�c�t aa. _n ard or claim for dama,��•.. .:ae�•t or conuyuential.in ronn��ction�cith;u�}•
<br /> Sin_;:F1��!, -.Fan�ir�llatF�eddte\1.�rR\➢FUR�11�tilfRl')fE\T- �. •-,•c�C.,�rnanr. 9�90 �p�iar?.•ne�ir�•.i '
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