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<br /> - 'periisds t�at�ader�c�qts�,: 'Ihe insurance cariier pxcrvfs{iiug tht i�sarance shn]t be ch���tc•Dy Bttnower sub�ect tQ�eaBer.�. ; �
<br />-�:��� , , appmQal w�sh.�ll�dot be`unreasoanhly witts�eld.,If,Sarrower ftu7s W maintasn caver'.�dESCribed aboae.L�eadei m3y.�►t
<br />_= tender�o�tioa;abtaiA covernge ta�rotect I.e�r�i rip,hss in tns i�t a�rdatt�a w�iu�ipat�g�7. .
<br /> ` ' - AII$nsr�ance patiSiES iutd�tewats shal!be�cepaaD2e co L��d sZ�II iachida�.af�tcd�d mo�t�ge claus�: }.ei�da: .
<br />�; ;� .� sh�ll 6ave the rI�kht to�a1d the palicles aad ienewals:.If i.ender tequirea�Ba�rawer shu�I pr±��tly'give to L�der e!I�eaipts• .
<br /> _ • oY paid premivms aiad renewdl ao�ces. In the event•of�Eass.Bcasower shall giv�prnu►�.adslse to t�s Inswr6ace c�rrier and
<br /> �:��:- � L �� < Leader. l.e;ider may make roof oY tass i�not mad:. mn� tt 6 �arm.ver. �
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<br /> •+r�.> :�:,� Un�ess i.ender attd B`o�sov�er otherw;se agree in writing,iusurance prace�ds shnli��1€ed tv mstarniion or cepair of
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<br /> ';,�s ,n, r:.:..: ,..!�;;_ � the P�sertY dmm�Secl, if.the�estorutfafi m repa3r.is ecoaomicaliy feasi6le and Leadcir�"'�sudty�S noi tessened. .�f t�ta , —
<br /> -_-� . .. . . restoratian ar.�patr Is nsnt econosnica�ty�sihle ar)�r�sectvity woutd 6e tessen�d:i�ta^.insurance prooeeda s�1a11 tic
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<br /> ' ' 'c � applied to the sutqs secured Dy`ti�ia Secur�ry instntm�at,arhether or aot then dae,witft,tihy�excess pai8 tA Bot�wer. If. -
<br /> � T :=•`>`�' �=`=•���4= 8otrswer�a6andons th�Ro�erty.or dors not naswes wIthin 30 days a natice from L�cQai.�th�t the�ipsumnae�rter 6as . .
<br /> `:'`�1:;`''.�°`�F".°' � offered to seute a claim,then Lender ma sollect th2 insarttnce Lcnder m uas�t� to re air or testm�e -
<br /> ;����i.^�-:,'�+t_'�" Y Prooeeds• aY_ proceeds D . ---
<br /> F;�� ���' • �.;;y , � �the P�vpeny or to pay sdms secured by this Sec�uity Tnshument,wh�ther or not then due. Tlt4�3Q-day period will 6egin when .
<br />- .�.=-�`�;;�`>_ the notiue i�biven. �. • . .
<br /> . �'=�"�rt:`�._, �..: Untess I.ender and Bmrower ottsecsvis�ag�e�ui:writing,any app�eation of prooe�ds�t,o+�.acipat shal!not extend or�
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<br /> . F .,•�.rrr.,,,. , - postpcine she due date of the monthlY Payments referred to in paragiapl�s 1 and 2 or edanBr�thuram4unt of the paymenis. �
<br /> �;::`-;-a.�: ;;'.<-,.;'•;: under paragaph 21 the Propecry is acqaired by�Lender:�Barmwer�s dght w any insurance gatiaies amd.pin�ee�s rasvlttng
<br /> <' � � ` � • • ' from damage to the Pcoperty prior w tke asquisirion shadl pasa to I.ender to the extent o€a1W�sutns secured 6y t�is Secudty `
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<br /> .- .x. ;. ; ., Insnumem immediately prior to We acquisitio�� — -
<br /> �:' >,•`,.` >� � 6. Oecnpancy. I'resereatian, Maint�anoe.a�ad Pmtect�on of the Property;.�a�rA��vcs's Loan Appucation;
<br />_ ':`°' <: Leaseho�ds. Baaower shall acca
<br />- •..:.�. py,establish.an�use tt�Pcopem�as Borrower's prineiga!t�air�ance witl�sixty days aft�r.
<br /> ° r�., ��.• � the executiaa of tUis Security Insuument and sh2ll;cofltinue to aceupy the Pcoperty as BQCru�+�Cr�prizuipal�sidenee for at� _
<br /> ;s•. -. least one year'after the date of occapancy, unless I.eader otherwise agmes in writia�ar:vr�i�h cunsent sball r�ot Be ==_=—
<br /> -: - °--_'—,-``-'�-:�,-..'�_;�%� a�ueasanabiy withhetd,or tmless exiennaring ci:cumstan�es exist which aze beyond Boruweck;conlrnl. Basrower shall ant -�:--
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<br /> - " ��::�� ?�:q=�`•"-��r�,J�� destroy,damage or impair ehe�ro erty,alIow the Pro io dete�iarat�,or cammit wasta on,�,Properiy. BoTmwer shatl --
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<br /> 1��iu�d�fauIt i�any�tufeit�?.�u►4r.p�cecdin w�1�t�Ce1'ci a crimin3�,' begut►th� , go
<br /> , :, g,. v�� �s . .t.u.c .:.,.. ers . _. . errt
<br /> =�4 , . ,:�`.,:, , cfl�ld �e.svIt im forfeiture�€t'he Pcog�ty ar othuwiss materialIy i�pair the lien rn�ated byrtFt..Se�uirity:Instrument ai� ------
<br />-_ . . . ::`�t� ;. . Lender�s sea�ity inter� �wer may c�re suth�default and teinstat�as pmvided in Paragr'dAh!3S,by causing the acRaa
<br /> , " +:,E or ptuceeding to$e dismiss�d with a rWing that,in Leud�,s's gaod faith determination,precludes;f�£ti�.of the$armwec�s �
<br /> �' :` '� i�.;,,'',:;• �' iaterest fn the Property or 6ther material'unpaim�enn of¢he lien c�eated by this Secur,ity.insu�mant�ur.I.��:.�curitX ' ----
<br /> ; .�...f ���r � mte�est Bomawer sball aiso be in d.e�e.ult if Bam4w�r. duriag the loan applicatian�Ptc�ss�;�}jre ma���false or • - - -
<br /> ��� •` �' inaccurate information or statements io�?r�.°r(ar failed to piovide Lender with any materia(tn�mm�sl��y tn a�a3aecaon with"- _ -- . _
<br /> �1' ''" �•" the loa,n evidenced b the Note,incl but not iimited to,re resentations conce acc of the '
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<br /> • `";�i��-; .':�''� as a ci al residence. If this Sesaui In�w'�,t�t is on a leasehold,Borrower sha1L ca_ f,�� zth ai?� visions . "e�,a;���--
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<br /> ' " .�;����;;' • of the lease. If Borrower a�;.:�s fee tiile ta ths Prop�tg�„�ce leasehold and the fee 6t[e shnl£aq�ihet,ge unl:es�s��agrees " �. ''
<br /> --..%;�,��:.-� to the merger in�writing. �i � ; _•� _ ��;�'�;%�='
<br /> • �R� 7. Protecbton oY Le�aer's Rig6ts in the PropPrty. If�Bocrw�er fails to perfi3rm the•�overiants,a�r�:�cr.ements •% -n
<br />�}�: �. ��: wntained in tltis Security Insmtmeni, cir�here is a legal pracee�aq�otiat may significantly af�t¢ �.�cdet�s�rc'�hts in the, . '� ::}',;.
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<br />��i,�� ' � ' '`'' ProPertY(sacE���a proceeding in bankr�p�.�,Pmbat�,for condem;.��i;�z or forfeiture or t�enfq�,�e_i�!n5-QC t�ans),the�:�, , . :::�w i y
<br /> ; •: �: . ,•�...,, `., � Lender may c�o artd pay for whatever is:;�,.�->cary to protert the v-,;�mt of the Property.and L:ndi:cr,i;r,�t��<�ae Propetiy.
<br /> _ � :' .•.'•.�• �.eader�actions may iaslude payiag any s't�}s seceire?�by a lien K z�zh has prioriry over thls S�iii�?}:�SSS,�r�;appearing '
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<br /> 'T a''--��:�--'r�.-;`'-`-� . in coi�rt, reaconabte attome s'fees a*r.!eiu..' �.om,ltie Ra ert to make re �rs.Al�tiau .&im�3e�'�,t;t�lce action - -,..
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<br /> -s,.',• . . under this paragraph 7,Lender dces not 6a��.ra do sa. .;, ",`; ;s` �
<br /> ���-r`; ��,�F� Any amounts disbursed by Leades i�i��this�paragraph 7 sh�tl 6ecome additional de�t•oE�H�;ti?,:�{er secvs�d by this "��'•��
<br />-'�'�• ' Security Instramen� Untess Borrower��.F:r�3ec agree ta other terms of paymen�these amaunte shuf�lb:ar mte�est from the ° � �'�
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<br /> �• • ,�9 daLe of disbu�sement at the Hnte rate�,�s°i::P be payable,with interest.upon norice from�:[uii�t.3;�$arrower requcsting , �f h�,y.:_
<br /> ,:r„�r��;�� . , paymen� .` ..,,.` 'r-�a�.,
<br /> } �r�'. 8. Mor[gage Iasur�qa� {f T..erd:'r required_au�ur�age insurance as a condition of mnking the loan secared by this �''� • ��
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<br /> .. ,' ,. , ,,: �.�� Seeuri Instrumen�Borrower shall a•'cfi�: remiunus � �ired ta►m�intain the mort u e innur.�sge in effec� If,far un ,,,; ..'��,,F�.• ..
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<br />-':�.;? ' '�•" � � •• .�;'� : reason,the mortgage insurance coverags.u�aired bj� Lender ta,,�ses or ceases to be im eff:ct,�%$�owes shall pay tlie•.�',-+.., . • .� ��`
<br />"��';'�' � � `;�� ' remiums uiied to obtain covera e s+aP�staniiall CCuivalent tor Ehe mort u e insurance �vtu(�.�j�' in effeci,at a cost j�+ •* �-� �
<br /> ;, � _ . _ . ... ..:...�„ • D R4 S Y i. Sg P �' , .. . ''� .` .. !, . �''/
<br /> • � . � substantially equivalent to the cost to Borro�rcr of t1e�m�ngage insurance previously in.ef6ect�fmitr�an altemate moagage ;`F� �'•^�
<br /> � � - . `�'' Fnsurer approved by Lender. If substantiaUy equivai�na mortgage insumnce coveroge is not�nvailnble.Borruwer shall pay ta �� ....i;���y°'�.•
<br /> , . .Lender each month a sum equal to onc-iwclhh of the yearly mortgage insurance premium 6t�ing�paid by Borrower when thc •"`' "•�%
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<br /> . � ,, ; ' � � ',;t� ' insuranee wverage lapsed ar ceased to be Ua effect.�lxnder wiU uccep�,use and retain thnse puymanGs as a loss reserve in lieu � . � .;,,,;�� ,:•,;�
<br /> � ,� of mortgage insurance. Loss reserve pa•�:���+�may no longee 6e mquired at tha optiun of t+:nJrr. if mortgage insurance f4.�.� �•
<br /> -• ��� �� coverage(in the arpount and for the pe�ica3 s153t l.ertder res�uires)_prov�ded by an insurer appt�c•�red.isy Lender again becomes . - ",�}}a�` >
<br /> 'f` available and is obtained.Borrower sh:�.[5 the i�uns re uired to maintain mort u c insurange irt effect,or¢a ruvide a �, ,��•
<br /> ' Sf�Si•� ,�� (�a-1 P�m �I �' � ' It� {.r_�. . � r_ {,•,.5.. .
<br /> `� , ';j.'�;••' • toss reserve.until the uinment for aaxt a e insur�nce ends in accotdance with un wri�ten•p t+eerreent betwea a Qatrower xp;f�;�•, ". ;,•'':::`
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<br /> `���;�t • `° '' and Lender ot a licabte law. � ;t''`,��t°'';:;�; ':
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<br /> �• . : . .•��.4r,<.t 9. Inspectton. l.ender or its agent may matce reasonabte ensries upon and inspectiimN•of�.i;e Paoperty. Lender shall , •• ...`��,`�;� • •
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<br /> ;t;�'`�t ive Bortower notice at the time of or nor to an ins ction s cif in reasonabfe cause fmrthn�ina ectien. d,�•��+ •
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<br /> ;�i:;,:;;:�zv..�,,: .��.trr._�c , 10. Condemnat[on. 71ie proceeds oE any�awurd o�claim for dama�es,direct nr conyequ�ntiol,in connection with any ��':�;.;,:.•.
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<br />_• ;;�1'';�1��1���i F,:.,�•�,���,���i., Singlc Family•-Fartme lfaa'�Y�d'cc 04ac I;�IFORM IVSTRCMEI�T-•l�nifnrm4'aqc�ants 9/90 (puRe3ojhp�tRes1 . „;-`'
<br /> - `'•J;�S{Y`}��;;,;''..i'�;�v�� t�ratlates�+m�Fqmttae.�
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