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<br /> - -- - - '�� `` — � . ' • U�9. �10 1I1SUlQ7FL'2 Cit[i��'•l pIOVi��IC 11��C��G�OSCA�--6ji���J����S�- - -- --
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<br /> - �'',�' appxbval whIe�a sf Il nat be asue�sonu6Sy withh:ld. If Balmwer fa�s to m�ntp»coverage described abur•e,Le�der ruay;et �. ��'�.�'„�„-�` _
<br /> � .:� 4� --: � `y . u�accardance witb uta �i�. � � � �-
<br /> LenBer�opfcaal.obtain covumgc to prateci Lendcr�ri�Gts in the Prag,ertjr' 4 �P � .�
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<br /> :��� _ �A�insmnacC palicles und r�aecvatsahalt ba aoce ble ta Lender aad shall i�ctude a sta�lard mortgage clunse.`�.ender �.,�,,�,�, __.
<br /> .,. .:_.° shmi!have Ih$tigi►t to hotQ ute policies•misi i�at�:-If�r.�:r�u'stw.��so�uer sh�ll psam�tly give w Leader all necei�ts_ � � ��' .._.. .�. -
<br /> �' '�°-,.�N�•r.�`�': of paud.piremiams and reae�ra!nouccs. In the event af Iass.Eaauaer shall giv�e pmnnpt natice tA the msurance carr�er an� '�' ` �.�;`_
<br /> .�k; ��,� Lender. Leadar may make,pmof o8lbss if,aot made PmmptlY 6Y Barrawer. : . , ;s
<br /> Unless Leader and Boirowe�otherwis$agree in writing,msumace proceeds sha➢1 ise applied to nestaratimi or repair of ..r f.,._ � '_ -
<br /> .� � q�pm�r �f the.cestorniion`�ar�epair ig ecoaomicall fea�ible and Len�er§securisy as not Iessened: If the °_F
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<br /> :� + • , . restorauan nr�not ecor.aadcalZy feasibIa or Lend�r's sec�+wouid be iessened.the�u�ttce pru�eeds shatt ts�. �
<br /> r£ °' ° .r� applied to ttte sams secur�d 6y t�is Seturiry L�stnmment.whether or nat then due.with aay exoess paid to Bomnwsr. If �� '
<br /> ���'�� ;�,..r. 4 � � •Boaower abandons the Praperty, ar do�s noc auswer witi�30 days a notice fmm Leadec that We msurarcce'cazrier has . � `
<br /> = �,.. . offered to seftte a claim,thea Lender may coltect the insivance prnce�ds- Leader may use the prctceeds m iepair or reswne _
<br /> ._, .. u �.
<br /> ,,��-,,j��.���"�"�; the ptppetty or w Qay sams secured by this Seauity Insmrmeni.whethex or nnt then due. 'I'he 3�day p�iad will 6egm when -�. - •
<br /> .��f,-�.:`�-:��:�ri�c . . . ,. ...
<br /> II1C t1OhCe YS�IVCIt. •.-`,.`
<br /> •.<�'``'''=�`�°�' � Unless'Lender aud$arrower ottterwise agree m writing+anY aPP�on of pmoeeds to psincipal shall scot extend os f'. .
<br /> �, ' ..�,,.
<br /> _ �';`�=,���3.:^�"'?'s`- . Pqstpone the dne date of the monthty paya�ents ceferied ta in paragraphs 1 and 2 or chaage the amount of the payrt�nts.`.If, � . ;
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<br /> . � .. :.. -., ; . ..
<br /> v,.. , ander paragraph 21 the Prdperty is acquired by Lender,8ormwer's ri to any ins�r.e Foticies and Piooeeds resulting
<br /> . : ..: , .
<br /> _ _. . 'or to the " ition s h a 1 1 ass w L en de�r t o t be e x t e n t o f t h e s u m s s e c u r e d b y t h i s S e c m r i t y �c
<br /> � from_d�na�a_tn the FroD�Y P?� a� P
<br /> -r.. --�• ;f.. - - -- - - � 1 'or to tTie asqn�uon. - —r--_
<br /> � _,.L� uisoc�etrt immeaiiate y pn ;-K
<br /> -- ._,`' ``- • 6. Occupautp, preservat�qa, Ma�nienanc� a�td Protecbton of the ProPertY; Borrower's l.van ApplicatIon; ',,` , ��;:;... .`.
<br /> ";`�'''���':° �:�.� I.ease6oItls. Bosrower shall accugy.establish,and ose the Property as Horrower�s pru�ipal resideace within sixty days aftsr
<br /> ' .�...•.-fs.��.+
<br /> ,`;•. the execntian of tiiis Security r�n.,�t and shall continue to pccuPY the Pr°PertY as Borrower's principal residence far at •�' . ,
<br /> � ��'. .` untess Lender otherwise agrees in wridag,.wluch cqnsent shall uo4 6e _ •. �. .::'-
<br />_ f f • , least.ane year.after.the date of oecngancy. , . c;��} �•, �.,
<br />� c�� � �uueasouab withheld.or unlcss exteuuating circumstances eust wt�tch are beyond Bormwer's con�.;Borrower shall not ��r��- r< <, ,f
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<br />- ; _..destrtiy,damage.Qr.impair the Praperty_,altasv_t�e__�"J��etr�ia�r��;.��� an �y w hall t ���` �.G�'
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<br /> .. be ut defaplt�any forfeitiue action or pro , �or c¢iii�=:�t;."ss� t w that irri�n�"s sod�th-�¢dg�aent-'.: �,��,'�' ' . ,�a���+:
<br /> t` � result in forFeiatte of the�Property o��'�?a1�Y is�:,i�L';e tien cr�.-�rd by tnis S�►ifity T�t�ent as ,;���;"..��y �. ����':
<br /> ;�������p�� ,�-r's securicgr intezest Bmrower may cure s1i�h a def�dt�reansta�'+°„;=s pravi d����aiagrap h 1 8,bY c a�t s',�t L�a c a o� . � .L:�i`'�; ��::
<br /> �,� .�.('d,,�,l'f�..�{�.�.,�;.� Qr ��roceeding w be dismissed with a niling t1�as,�in Leadet�.�od faith�6�:��.xludes forfeiture of the�a�sver's . `';rr'r ..
<br />- •�°�=r!'s;���---, idterest m the Praperty or other maierial impaimtent oF the lien'cteat�:t?y.this Se�tY inswmeat or LeadeF's:�rity , .._... •.' ,--
<br /> . ,�•,:�•.; . .
<br /> ` � , inte�st. Bormwer shall also be iri defaictt if.Bormwer, during the$� ap{ilirdtian process:gave a1ffieri�g.��atse or-� %—
<br />_:��;`�.' 4_:',;�,,. ..,•- �
<br />_ • �..}r�;_,,��•. - ��c�ate informatimr or statements to Le�r�{as failed ta.�de Lender.with any maierial informatian)in co��3n with • �'_�;::'
<br /> � h�'t'a� di�:T�an evidenced�by the 1W�.inciudin�„I�.'��or tis�t�d to, representations co�ev3irig Borrn�vez's occaF:��'!.rf.the l:'s':�i;��,,,`�
<br /> •�''��"�r`':., as a rina alcesidenr�..�f this Sec�r fc�.���on a ieaseho3d.Baimn�r�all comply with alt the��zaions r,r�M-��f;,:�r�",fz��,
<br /> �����%�,�'�.� • • �'. ��t�`� ; .n�.
<br /> - �5�.�;�,"� '., ' , ���sa If Bom°wer acq�i�.s fee atta co t�ae Froperty,t&e leasehqtd and the fee dtte�11 not merge uniess I.��agrees ;�
<br /> - � ' aa da�raerger m wnUttg. . � , �, i"`
<br /> . , . • ,. '7: Prote�ifQn oi l.ender's RIghis iQ t6e Property. If Bo�wer fails to perform the covenants and agreements ' . .>;;�w ;
<br /> . Oa��ed in this Security Instrume�t,or there is a legal p�ding that may significandy affect Lender's rights in the : ��, ":
<br /> ��� � � � progerty(such as a pmceeding in bankruptcy,probate.for condemna@on or forfeiture or to enfonce laws or reguladons),then '-�
<br /> _ �� ' Lender may do aad pay for whatever is necessary to pratect the value of the Property and Lender's rights in the Ptoperty. '_- :` ,'-�•�:,,#
<br /> ' ' Lender's actions may inclade paying�ny sums secvred by a lien which has priority over this Securiry[nstrument,appearing ��;�''
<br />- in court,paying reasonabla attomeys'fees and ente;ing on the Pcoperty to make�epai�.Although Lender may take action ��' •<'� •
<br /> ' ' ur�der this parag�apt�7.Lendec dozs not have to do so: , . `�''``.-..k .
<br /> ��� Any amounu disbwrsed by Lender under this paragraph 7 sfiall.become addidnnal debt of Borrower secured by this ,
<br /> ':,r.�;;,�r��;_�''`,; ''" Securiry Instrument. Unless Horrower and Lender agree to other tem�s of paymen�these amouats shall bear interest fcom the � ��;; ;_
<br /> date of disbursemeat at the Note rate and shall be payabte.with inte�st,upon notice from Lender W Barro�ver requesting •: -.��%
<br /> ;..,�.;::.. . : . Pa�� ::'l�/�,�,;
<br /> ,` J �`"'?`:' �' • 8. Mortgage Insurance. If Lender requued martgage insumnce as a condiuon of making the toan secumd by this �'� �:
<br /> `�:>��`ft�%;:-.�',y,:. . Securiry Instmment,.Bonower shall pay the pnmiums required w maintain ahe martgage insurance i�n effect If.for any ' •� `.. .
<br />_ ;�,:r�_:: .. ':.i.,-�,.; ��. the mortguge in5uiance coverage requmzd by Lender lapses or ceases to be ia effect. Horrower shall pay the . �
<br /> '"''`-;'�• '��r': .' : preminms requined to obtain wverage substanrially equivalent ro the mortgage insuras�ce previously in effect, at a cost . . ..
<br /> �'�f,:���;, ; ,, ';� suls's�ntiaUy equivalent to the cost to Barrower of the mortgage insurance previausly in effest,from an altemate mortgage
<br /> u '� �:. '..
<br /> " r -`' • ••. �er appioved by l.ertder. I f su b stan t i a l ly equiv a teat mo rtgage i n s u r m i c e c o v e 7 a g e�s n o t av a itable.Borrvvver shall,pa y to . ,.. ,
<br /> � '_�.'%`''� LeRder each montb a sum equal fo one-twelfth of the yearly mortgage insurance premium being pai8 b�Borrower when the _ -n z
<br /> ` ,4..:.,;`��
<br /> - '� r,��: � insur�ce coverage lapsed or ceased to be in eff'ect. Lender will accept,use and retain these paymenu as a loss reserve in lieu •��.;
<br /> �:_.,;��.';tii`.,�: ', af;mortgage insuTaace. L.oss reserve paymenu may no longer be required.at the optio»of i.ender.if mortgage insurance •
<br /> �?Y��i� ' ' c�v��age(in the amount aad�far the penod that Lender requires)provided by an insuier approvea by l.ender again becomes ..
<br /> ''` ,� : ,aya;�lable and is obtained.Bano�ver s6all pay the premiums reyuired to maintaui mortgage inswance in effecn.or to pmvide a . . "'`. � ..
<br /> �r�� . .
<br /> •^ +':�.`;���•:1 � � loss reserve.until the tequisement for mortgage insurance ends in accordanca with any written agcpement between Bocrower .
<br /> ���,';,'�_;i_ �; . and Lender or applicabie law. � . � ''�
<br /> ,,,, ;, q, Inspection. Lender or its agent may make reasonable.enuies upon and inspections of the Property. Lender shall
<br /> . 'i.=•`;?.: � '�}ve Borrower notice at the�of o�prior to an irispectioa specifying ceasonabte rause for the insgection. .
<br /> �}'�"r�'.�': I0. Condemnatloa. 7he pmceeds of any awatd oxciaim for damages.direct as consequential.in connec[iaa with any , � . .
<br /> ./q,.n. - . ��. . ..
<br /> .p..y�..�.�>�._ ., , . .
<br /> ,�r:��^. . .r.,� . Si�le Family-Fannie MadFledCie lF'i�C IJIOTIFORM INSTRUMENT-Uniform Covenants 9l90 (poge 3.cf6�mgrs)
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