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<br /> -- �.�..:ry� �� � � � -- -
<br /> -.�;-.;;;,�;,�:.;;s s. Hnza�d cr �roNemy i�rurance. Barrower�hxll Ice��� tt►B lroprovementa uo e st`�y� or ►e er eracud on the _-----
<br /> '-��.�.�,:� Propeny iasured�ga�nat�o�y by 17ro� h�r�rda inciuded wltlita qio tern�"oxt�nded covera�e"anQ twy oslitr haxard�. in�l�diug --
<br /> '.'<`'`�.:�'":-�`�`.k iioo6s or flooding�for which i,ender reyulr�a inwranx.'IT�t�iusurunca ehe11 be matn�alued in the at�ount�r�nd fnr the perlada
<br /> -"�'�'fr'�"�� ''r� thet Lender re �ires. 'llte lnsurence carcler rovldln the tneuraTtca Bhali bo chosen b Borrotver aub eet to Lender'a roval
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<br /> � �vhich ehall not tm umreasonably withhcld. If Borrowcr faUe to maintala�covcrago dascribed above, L.endcr may. at�+c.ndcr's ___
<br /> :n°';°;�}.;�=;<,.::L�� option�obtain coverage ro pmtoct Lender'e d�hti ln tlte Property in accarduioe with paragraph 7.
<br /> ' , Ail inaurance iwlicles and rEnew�la shall bo acoeptnble to Lender nnd ahall include A atand;ud mortgqqe clause. Lendcr -____
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<br /> '.. sha111�ave the r��ht to hold tbe policics and rencwate.IP 1Cndet requlr�s,&►rrt+wer eh�pil n�nn+r�tly giva to Lendes all rec,LlutB of G---
<br /> ' � , paid premiuma and renewal notic�,s.Ln the evcat of bas.8arrower shaU give pmmpt notice to the inaurance satrler aad LendGx.
<br /> Leader may make proaf of losa if not made prompdy by Bonower. - = - =_-
<br /> Unless Lender and Bornower otherHise eg*ee in writing�inrsuranx pmceeds ahall be appHed to restoratioa or repair of the — —
<br /> Property damaged,If the testoration or repair is economlcally feastblo and I.eader's sxurtty is noi lessened.If tho reswration or � � �_--' =-
<br /> repait ls not econoa�ically feasible or Leader's secuciry would be lessened.the insurance proceeds ehell be applied w the suma ��*.:----_-�-��''"
<br /> secuced by this SecurIry Instrument� whether or aot ttien due, wittt aay excess paid w Borrower.If Barrower abandona the �:�"=��'==F=��
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<br /> ' Property.or does not anawer arithin 30 days a aotice from Lender that the iasurance carrIer has offered w settle a cleim,thea �;�,��.:,_�,..
<br /> � Leader may collea the insnrance proc�eeds. L�ender m�y use the prooeeds to npair or restore the Prnpertp or to pay suma -------�-
<br /> . secured by tlnis�curnty lnstrument.whether or not tttea due.The 30-day period will begin when the aotice is given. }a� � . �:
<br /> Unless H.ea�der aad �onn�ver otherwise agree ia wrIHng. any appllc,ation of pmceeda w principal shell aot eata�a�r s.. . ' ,:- -
<br /> postpom�the due da¢Q:of else monthly paymeats referred to in�aa�raphs 1 a��2 or chaze�e thz amount of the paya�n¢s. Ilf �""� _
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<br /> - .. , . under parageaph 21 t�ne FsQgerty is acq,n�ired by Ixnder. BorroN¢r's mgR�t to aEey iunsuaz�u��alicies Aad pioo�cls resvIliec�;l�m,� �•.-`�=�'---�
<br /> . damage w the Fropea¢Y Prior to the a�aeisision shat!�ass to Ixn�er¢��fie e�ce¢nt o�the sunns se�by¢his SaaarIry�mst�enun�:ns �,`<<�� � '��� ---
<br /> `, i � � , immediately prior to tfie aca�uisition. . � . Ar4? n�c,'��" - -
<br /> ;`�.;;?f,� . .,�i:• 6.OocuQ�cy,P'�rescxwaitlon,Malntemaa��¢�aD�n�4 RmE l�a+n�r¢y IDarn�n�ver's 1La�A��p98�'�gro•E.e�mldLs. . .`��;:`�• F�r�i�%��;�i��}
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<br /> ' �� • 8orrow�r shalt atccupy,establish.and use the�cepen4y as�mrower s princlpal reaidencs witEeia¢si�Ty d�s�fft�r ut�s tn¢s�Bion�9' �, 1u'1���;ti-'�i`?�".,��,,,
<br /> . ,`�,,���` :��:� this Secaeriry i�s¢rument aad shall continue to aau�y tkne l�mp�aay ns Ro wer's principal r�sid�ce ff �r .n q . ' , ,° .,r�y::,;�,Tn;
<br /> " . ',+;:: ..;< rro �s at D�as¢o�a eaB at'a� ,�' �.� ��;, t,_,�;r�
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<br /> ;S �,•��;, •. the date of¢+ocu�panc.y,unless L.ender othervvlse agmaes nn evritua�,which eonseat shall not t�nuu�asQ�aa�,lg cvic4sfi�ld.�a n�adess 'Sj.y c: .':; .�;;;r�
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<br /> . �'�� ��r4`1, �., easenvaaing e�rcumsrta�zs¢s e x i st w h ie h are b e yon� �macr¢r's omnuo l. B orao�er s h a ll aos des¢�oy, da�ge or i�g�a t�e ,;,.,�'s,'.;�::•�,:°
<br /> . , ; ;�;, ;:,:;`;� :PropzrSy,a4Bm�v tbe A�p�¢ty to deterlorate,or wmmie wasce�w ttEn�Propet¢Yr. �3o�soa,�e�sfial'G t�in default if any Postfeica:r� .:ix�;�„�..��;i;��`;�,�—
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<br /> ' '� '` '''; actirnn or �ceedf' �vhether civil or crIminal.is begun thaz!a l�der's �d fae:�'r,.� �¢mauld t+esult in forfeitu�:a��r�� ,,`
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<br /> '� � �� �,�`�,,�:.;,:.� ProPertY or a�:h�rwise materlally impair the lien created by this Secueity t„arr,»„P„t or Lender's sacurity intereat. Borrower may „ .
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<br /> --. _ _. c�ire such a default and reinstate,as provided fn paragraph 18,by causing the actlon or p�1ng to be d3smissed wlth a ruling '
<br /> _._ _ -
<br /> that, in I.ender's gooct faith determiaation. precludes forfeiture of tLe Bornower's interest in the Pc+operty or other materla]
<br /> , impaimient of the lien created by this Securlty Iastcument or Leader's securiry �nterest. Borrowor shall also be in default if , • .
<br /> Borrower,during the loan applicatton process,gave matetlally false or iaacxurate iaformation or statements ta Leader(or feiled ,
<br /> „ to provide Lender with any a�atedal iaformntion)ta connection with the toaa evidenced by the Note,including, but aot limit�d
<br /> „ to.representations concerning Borrower's oavpancy of the Pcoperty as a pflncipal restdence. If this Secu�ity Inattument is on a
<br /> leasehold, Borrower shall camply with al! the provisions of the leage. If 8umower ecquirea fee title to tbe Property. the �
<br /> leasehold end the fee title shall not merge unlesa L.ender agre.es to the merger ia writing. �_�f •`
<br /> 7.Proiectlon of I.ender's Rights in the Property. If Borrower fails to perform the covenants and agreements consefued in ��:;N
<br /> this Secudty Instrument, or there is a legaf prooeeding that may signtRcantiy affect Leader's rights in the Progerty(such as a ''�•
<br /> procee�ling in banlauptcy, probate. for condemnadon or forfeiture or to enforce laws or regulationa), ttaen I.ender may do aad , . �.�`
<br /> pay for whatever is necessary to protect tbe value of the Property and Lensier's rights in the Property. Lender's acttons may �> >'��
<br /> include payiag any sums secured by a lien which has priority over this Serurity Instrumeat, appearing ia court. paying , r;� ,
<br /> � reasonable attomeys' fees and entering on the Property co make repairs.Although Lender may take actioa under this paragraph . >
<br /> ' 7,Lender does not have to do so.
<br /> • Any amounts disbursed by I.ender under this paragraph 7 shall become additional debt of Borrower secured by this ,
<br /> Security Instrument. Unless Borrower and Lender agree to other terms of payment,these amounts shall bear interest fmm the , ,
<br /> date of disbursement at the Note rate and shall be payabie, with interest, upon notice from I.ender to Bonower requesting �
<br /> , payment. .
<br /> � '' 8. Mortgage Insuranee. If I.ender required mongage insurance as a condition of making the loan secured by this Security I; - •
<br /> '.' �'�' Instrument, Borrower shali pay the premiums required to maintain the mortgage insurance in effect. If, for any reason. the
<br /> ''�"', morigage insurance coverage required by Lender lapses or ceases to be in effect, Borrower shall pay the premiums required to .
<br /> . � obtain coverage substantially equivalent to the mortgage insurance previously in effect,at a cost substantially equivalent to the � �
<br /> cost to Borrflwer of the mortgage insurance previousiy in effecc, from an altemate mortgage insurer approved by L.ender. If
<br /> substantiaUy equivalent mortga�e insurance coverage is not availabte.Borrower shall pay to L.ender each month a sum equal to
<br /> one-twelfth of the yearly mortgage insurance premium heing paid by Borrower when the insurance coverage lapsed or ceaged to
<br /> � be in effect. Lender will accept,use and retain these pay.nents as a loss reserve in lieu of mongage insurance. Loss reserve
<br /> i
<br /> i Form 3028 / 0
<br /> . �-BRtNE1�s�o5� veys a a�s i�ua�s:
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