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<br /> .petaods tYtz.t Lender reguinc� Tfie inr.�asnce cairist prt►nding tP4e imsitr�nca�sh�91 bs c�4s�n b� Y�aC�s'�r sub�ta��es�, �. .
<br /> ---- . '<. �f apg�raF wtuch shali not he uas+easonabiy wfitt�ir�Id.'If Bort�ver f�ils to maimaia cnv�rrnge d�'bed stxfve.Lende��ay,�t :
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<br /> �:-• ,--.�.-#s�§ogiio�,<tbtaie►cwvusgetflpmieraIaudet'fltitthLY,in.ih�P.t9D�k.t�i4�r8ancewithpsta�h"`�:'•�. '' _ `.. :
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<br /> ' •� All in..avance paficiaa aad nm�raI�stttili De�e to. r it�sha�l incluide a sfiaritY�dinangage-. s� , ___ - --- _ _
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<br /> ' 'st}aal dave t�rigat eo 6ois�the policies and zenawaIs. Lf I.cndar�qulre�Borcr�wer shall pramPtd�+givd`to.[.endsr<ali�ceipts��
<br /> _- _ ' vf�i�piemiums and�wa�ne�:In the�reat of Sos��or�vwer shall giva pmmpt nodce to the uis�urance c�uerier aa3: �.
<br /> --=-=-=-�--.-- . ,. I.e�dei Lender a�ay�ks psvbf of toss if aot made pmmpily Esy,�o�awer� ` � . . - � : �, . -----
<br /> — = : Unless Lender and�uimv�rer ath..-ctvise agree in writing,insUrence Bmceeds shal�8e applied to resWratian vr rep�ir of
<br /> ,-�-'�, �e.Pca�n,►dam�ged,�if tDr�e restoiatiun ar repair is econamicelty�feas�jsle and Lender s security is aot IessQned. If the -- -
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<br /> - - . . . _�vr�or.cep�ir is nu2 es�tnomi+�lEy feas'ble.4i I.�ndei�s secutity,woutti 62 I�.the_�su�ce.pz+�ceed;shalt be. .
<br /> n��� appliedtath2 swns secUCe�Ery tbis Seauiry Iasttu��nt,whet2tes or not then d�with any excess gaa!w Smrower. �- _
<br /> -_-_=----*�� Basroiy�_,aband�ns tbe Prapeaty.or does�tot aaswer within�3i}days a notice froai Leader tYaat tCe imsUrauce carriea has -
<br /> --_--`�a�°� offec�tu:�tle a cl:iim,thea Lender mag colIest the iUSSwance Paoceeds. Lender may ase the gioceeds to repau c1r sestoi'8 '
<br /> . �__=_=== the Pra�i.�tyr or to pay sunns seeured 6y this,Sea�tity InsCrumeat,whaslter ar not then due. 'IY�e 3tMay period will 6e�n whee�• .
<br /> ��.,�,.� (Ae r�olice is,given. - • '
<br /> - „�� � •. `UnIess Leader and Boaower ottie:wise agiee�nn v,rit�g,any: . of pmceeds to p',"�t�al,si[�.ti not ext�i�.er --
<br /> � = � pone the due date of the monthlY FaYments refemed ta u►�at-a���2 oz change :�ra PaY�
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<br /> ���r,�.r:�..� W� �t�8�h 21 the Prnperty i��vued by Lencter.Batsac?�a�:i�ght to any insurance��S��s��8 • ---
<br /> s�*'::., fruu�;�e to die Froperty prior hr:�asqtaisition shall pass:,��ider to the sxtent of dJt�r��'< <.,�,'.` �!!�s�. --
<br /> ��"� ���tIIlII10�L£ij/�1ItOTLOt�128�t]11�S1210D� . , . •` ,:d:''. � � �!: 4`` - P �. � _ ---
<br /> �;����::�� ` ' ;�=�.Occupancq, Peeseev�oa, Ma�mt�eaiim��and Prnredi�n ot,Qie���rope�tv.�Y��f�t�r'&' � APPHcs�tlon;
<br /> T`'�h �,�1,ds.�Boaower s�al��y,estabiisti.�i3�e the Prop�y..as Bormp�ii�s�rrmc��`�cdeace t���sixey daYs afrer �'
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<br /> ��.......��1' �� . ' ��'�e e�.�:.�an of this Secw�ity Iosa�ent�Ond sh�s�x:antinue w aecdp}r,the Piopert�r as�- �er�s 'pruu��I�esideaCe for at ---
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<br /> ��.,��;_'� r tea�� Year after the dan� af c�capancy. Wless Lender u¢�ecw�se agiees m wni���:wirich�i�bnseut sbaU unt 6e -
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<br /> �."�r..:r �,� �nn2�iab3y.withhetd,or nnIess extea�uating circumstances e�rist wtuch are 6eyond Borrower?s contml, �ormwer shall,nat _._
<br />..�,s,��.�_�:_. •_ ' altow ttse.: to det�rrios�te.or caminit wasee on the . Bmmctier sfiall . -
<br /> �::•�,. , be�damage ar ubpair the Ptoperty,
<br />,.�°u�-�>..=,�;��:�� .: t if any.farFeiutte actinn or ' -.�,a+�et civil or ;crmiinal. began that ia Lender's go�od faitb judgtaent
<br /> � � ��{r in aul pro�diu&. - _
<br /> ` •�, coutd resnIt in forfeitate of the Ptaperty or otherwue�materialty impair the lien«eated by�this Security Instrumgnt or _
<br /> �.;<-�;-,.: _,�?..'p Lenders secoriry interest. Botrawer ma;�cvre suctr a default and reinstate,as provided in pa:agraph 18,by causing the actiun -- -
<br /> �i�;;;;ry,:.,,>...:< .; or proceeding to be�iismissed arith a n►Lng that,in Lender�gaad faith determination,Prcxiudes forfeiture of the Bormwer's =: �_.--
<br /> ��'=.,. . .,`� ..:• intc�st in the Propecty ai other matcrial impa'vment of the lien created jsy t�is Security lnsorument or Lender�s security . ,._ _i .
<br /> ' 1�:: _ , .intemst Barrower shaii also be fn defauit 'if 8orrower,during tQ�e Ioan application ptocess.8ave mazeriaUy false or -� -- -
<br /> inacc�race informatian or statements to Leuder(or failed to piovide Lender a+ith any material infom�attan)in connearan with �,.r�°.k-�_
<br /> �; ,� ; the Ioan evidenced by the Mote, incl"�'*+�,but not limited to, representations conceming Boirower�accupancy of the -
<br /> �, Aro�2s a principal iesidence. If,this Security tnstcument is on a leasehotd.Borrower shall compIy with all the pmvisavns
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<br /> ,��, • �.� :�. of fl��use. If Bamawer asquires fe�,title to the Properry,the 1e�sehoid and the fes tide shall not mergz unless Lender�s —__
<br /> ' � � to�"�SeT in n+riqng. � � _ . . . . �: ..
<br /> �l ` F:,� � 7. Prote�ttnn of Lender's l�ta[n the Property. If Borrower fails to perfoim;,di,e wvenanu and agreeaients �-
<br /> F : contained in this Security Instrument,or there is a legal piaceeding that may sign�f'ccant!}��affect Lender's rights in the f.��
<br /> . ,,.,. . ..Y<<'.• . . ; Property(such as a pmceedit�g in banlauptcy.[sr�'X�tte.for wndemnation or forfeiture or W ea��e tars�s ar ceguladons),then �;�X=���:
<br /> • `�. ',;�,•;<.. ' Len des may do an d pay far w h a tever is n e�r f t o p r o t e c t t h e v a f u e o f t h e P t o p e rt y r a n d T i:a v S.r��n s fi 3 s i n t h e P r o p e r t y. �
<br /> • " ;��ti•.''� = Lender's actions may inclade paying any sums secumd by a lien which has priority over t�is�a�;r:ty lnst�ument,appeanng ' �,�<
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<br /> � < ist coart,paying reasonable attomeys'fees and enteiing on the Prop�rty to make r�zpairs.Atti�+�u;h Lertder maY take acufln � =..'a:.�-=�
<br /> ; .�,•��;,";;i,.; under this paragaph?.Lender does not have m do so. ''� ��''._
<br />:�:�•;�Y�.,�`'• ' Any amounts disbuised by.Lender under t3is��aragraph 7 shall become additional debt of Borrower secured tsy this �� �„a�,;-
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<br /> ,-,:;, Security InsttumenL Unless Borrower and l.end��.�e to other terms of paymen�these amounu sha}l 6ear inten�t from the �,-.
<br /> � :��'. ��,,••� ';..• dsite of disbucsement at the Note rate and shall tx r�ayable,wiih interes�upon notice from L.erider to Borrower requesting ,,.
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<br /> ��..:�!;:�•_.,;`� � 8: Mortgage InsarBaee. If Lender required mortgage insurance as a.condition of making the loan secum.�l by thls , '�=�_
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<br /> �' ` " Security Instrumen�Boirower shall pay the prec!�aums required to maintain the moagage insurance in effect. If; for any ;r"'"
<br /> - . � • �- reason, the mortgage insurance coverage requii?a�by Lender lapses or.ceases to be in effect. Bomnwer shall pay the -_
<br /> - premiums required to obtain coveraae subar.,�C'�;Iy equiyalent to the mortgage insurance previously in effect,at a cost , �='".�.:_
<br /> : substanrially equivalent to the cost to Borrow�:of the mortgage insurance previousiy in effect.frotn an altemate mmtgage �: .�
<br /> ' • ' '��:�.` ' insarer approved by Lender. If substandally equivalent mortgage insurance coverage�s not available.Borrower shall pay to ;, _�;-,
<br /> � ' Lend�r each manth a sum equal to one-twelfth of We yearly mangage insurance pmmium being paid by Borrower when the ; �.�,:�..�.-
<br />'_;.; •��� , . � insurance coverage lapsed or ceased to be in effe�. l.ender will accept,use and retain these payments as a loss reserve in lieu i:• • _ -
<br /> of martgage insutance. Loss reserve paymcrtt�.c"�:zy no longer be required.at the apdon of Lender, if mortgage insurnnce - _
<br /> coverage(in the amaunt and for the penod that 1L•a:der requires)provided by an insurer approved by l.eMdet again becomes � .._.. .
<br />•�'� •� ,�`�?�°.r'%���o-.: : availatste and is obtained.Botrowecshall pay d�e premiums required to maintain mort�age insurance in eff:.ct.ar ro provide a ,_
<br /> '• � Y"''��'• ' loss r�'e,until the tequiremenL fcff sportgage insurance er{..s�,accordance with any written ageement Detween Baenawer ; �
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<br /> �� ��t yY�'-�'.�': and l.ender or applicable law. . , . ! '
<br /> � ' 'Y��` � 9 Inspectioa. Lender or its aaent may make reasonable entries upon and inspecdons of the�m�+.�.r:, t„e.'��er shall ; �
<br /> ,�,. ;.�` ' : ..,. give Borrowes noHce at the time of or gnor to a.*x�.sti�ecuon specifying reasonable cause for the inspecticrr.�
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<br /> � �� '-' ' 10. Condemnatton. The proceeds nf�ny����:zrd or claim for damages,direct or consequential,fn dyr�ection with any �� , .
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<br /> .;!`,{;;;•tc��;_�dr�' , Single FaRC`s.--Yanute Mar.Freddte Mac UVpFOR'.4!INSTRU:NENT••Unifa�ts Covenantc 9/90 (yage 3 of b yages! ,'.�,�.$);"!'rl;!�i. '
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