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<br />-_ -------_—_� `. ,�. I�aaar3 cr��e�3v �a,.��e�8az;oc�ei sl�d! �e�a t�e inn;��r���eow exist3.�g as t�gr�ft��r`�cts�.an a:'s�. : ;
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<br />__— =_— gro�.+erty'i�sifr�i�gaibst t�3ss.�i}�fire�ha�rds 3ir,�Iu��Ci-c�ir�th�:teraaz�peattended ccv e otikr s, €nclttd� .
<br />=-- ___-- = L�as,xis�sg tIv�di.�rg.,fai w�irh,Lecd�xes�iies,�:s�ra�:'�is F�surance sh�!(be mairltai�et!irt�S amou�ts�nci�e�r t�e�er"talf ` :
<br /> —= � . that I�ader,t2�ires.'�he ia`surance c�icx pmuiding,t�insut�e�sT�a}1 be�ho�n fa��oimwc:r s�3�jECt.to T.�r�t¢�r�s�+rtyv� .<.'`
<br /> �I�.ict�'Slrali aot be UrueasonadtIy vritl�tlela. Yf�Sotraw�r 1Fa�to.�raint�crov�cage�ltscn'P,etl;at:ove, k.exider eif�ag�,8i�:esac#e€,� : �`�
<br /> -- — —— optiuti oLxaiit cot��ge to pro�I�a tigi�u5 tfle�sapeFt�+ia accordanre wizt�,pat�,��?. � -.�:'� : � • "':� ` ..
<br />--= — . Ali insvaanre goliiaes and re�vats sbaii he�bi�co LendPr arid.�€�a�I iaett�le a st�xtard mort�ago ci�e. Y,�ndrr« .
<br /> -�•�^�,��*-� shall.h3�re tPse ri�i tS$aid tP�`palicies artd renew9lS.I£[,es�dc'r reqn�rest Borruarer`shatl;pr�mpt�y gi�`co�t�s3er�!��i�tts of - . .
<br />_ � paid pramissr�s�rc�ativa!notzces.In the ever.t af fcrss:Ba�rto�krer.s��,nve pmm�t Uotit�[a tt�ittslliai:Ce G�tiGS aii�ERtK�ei: � ,
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<br /> �� ------ -- . �Le�t��m��m��proQf of Iass i€nni.Gs�e gmmPit�C 6Y�a�Bre.� _-'- -= ' - '-- -., _ . ., -- - .
<br /> - - - - . �• _� .
<br /> �tntess I�der�d�arrow�r otkerw'�2,�in writiva>insnrance praee9ds shatt[�v apptie�to Festuntien Qt�rair of the -
<br /> _ ` Pcg�ertv d�gea:if the r�tor�tian vr re�aie is ecoaoffiicaii�fea.si6le and Lemder's ssairity'ss not lessene�.I�Ehe r�tar�tion 4fi. . �
<br /> . c�pai�is not econami�y feas�Ie ar Leader's ses�ity wouId be I�sened,the,itta-utaitse proQeecls�s�ta11 be appIiod�t�ttse�stcegs '.
<br /> = secured hy ihas Security�s0:a�eru,wbether or uat tnen•due. wit,t any e�tcexs pa�c!ta Borrac�eF.:If Bolrnvrer a�on�s t�e. • '
<br /> � � Progeit_v.os does nat ans�rer wiWiti 30 d�ys a notice froin Lender tb�t�f�imsnr�c��[s�er t�s.of�ered ta se�tle a cL�dm;t�en °•�
<br /> Leuder may'ooll�xt tti�i�ra�ace proceeds: Lender may v..�a die g�ce�'s to�ga%r or restore th��xrt3f.os�o gay sams
<br />_ - s�tted by tbis�Sec�uity.L-t.�ttumea�,:whQtttes or not theit du:�-131e 3U-day peria�[w�l Isegia_uah:tt tlle��sCe is•givG[►. �
<br /> � L1n1e�Lettder_and �rin,�'�:€s�€teswise agree in_writiag*.anY a�rFIication of�ra�eds Yb pri�t&bisld uot ea�ten�br
<br />__ � postpase,tl�due��of the mo�y gay�ea�ts refe�il cu iri garagrap� t an�2 or chaage th�a�tni•of ah�pay�ems. If
<br /> a�,er parab�h 21 the Ptup�rty•is acquiied by Lender."�orrowEr'�right�tu amy insuiance Pollcies a�A9 p�Ceed�.tse,sWting.&o�m. .
<br /> ` damage ta dte I�taper;y pzior to the acquisition shaU pa�s tu ,L.eiWer to the exterit af the snma•£ecared by this S�ttity.It�stn�nt -
<br /> - ::..-T -�, immcdiazely prior ut the asquisition. . '•, ° . .
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<br /> --�� s�..' 6.Q�eagaacy�Fi�servatipa�Mainterranen amd PtoleCtfol�n8 th$Ptopeetgr,Bor�o�er's I.oaa A�don;I.�• � '
<br /> � Bumfwer shall ocsupy,estabiish.aud use the Pt+aperty as�orrawer's principai resideare within sixty.d�ys af#et tbe e�[e�ution of ':
<br /> .. ._.. .this Setarity Tnstt�c�ssl s!�!!coniinue to accu�y the Property as Barmwet's.Principal residea�for at least a�°,ycsr af�er . � .
<br /> _�� '�: the date of occupamy,.ucitess Lxpder atherwise agre�s in writing,rrhicts canl,�shuU aot he aur�onably withheid.ar unless .
<br /> '�� exoeavating ciraimstaaces ex�t whicb ate 6eyond Borrowei s cor,�nof. �r�`ctwer sl3alI IIoi d�roy, damage or•impair tt�e �
<br /> �" ° • ..,�. Property.alIow the Propeity tp,d�etiorate.or commit waste on the Propeaty.Borcower shall be in def�it if ap�r fort�itute
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<br /> _ . f._r...,:t,«, 3ChQII OF QTaCE2dIIia,wb�et�ter,ahril ar crimiaal,is 6egun that�in Lender's good faith judgntent coWd�tilt in forfeittire of�tlte� ,
<br /> ` *��. '�'� Property ar otIIeawise•m•�riaiLy'�i5ipair the Gen created by ti�is Secnrity Instrument or Lxnder's security inierest.Bor�awer may •
<br /> �� pu�e such�default a,ad:i�instate.as pmvided in paragrdph 18,(ry causing the action nr pt+aceeding.ro i��disunssEd ariih a.sRling '
<br /> _ � �.�.:�:;. .,:_.
<br /> ���,�[�. „ ;'°�`•"��`' [hat. ia Leader's goa3 Eaith determinution,preciudes forfeitvre of t6e Borrawer's inter�st in the Pcoperiy or oth��r msterial
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<br />_ ��}�:�,j'�;_"�;�,,:'� impaimient of the lien�eated by tii9s Security Instrument.4r.i.ender's security interes2. Sflrrower sHa11 aLso be in defaW�if .
<br /> - Borrower,during the[oan ayplication pracess,gave matertaiCp`fndse or ina�curate infam�tion or smtemgnts ta I.ender(or fait� •
<br /> � "���', � to provide Leader with airy materiai information)in connection�mvith the loan evidenced by the Note.includin�,but trot limited
<br /> ' :,_'"'. ;v::...._.' to.representations coneerning Borrower's orcupancy of the�ropecty as a primipal residznce.If this Sacurity Insttument is an a
<br /> .. ;�;,,:•...�_ .�±. :_._.; IeasehalQ. Borrower sl�ali wmply wi�h a{l the provis'sons of�the lease, If:Boreower acquires fee tide to tbe P,t+nperty, the
<br /> -- �;':'�r;'� ;- `���'�= lrasehold and the fee titie stiall uaE merge uriless Len�ieer agre�dn ttte m�er in writing. � . • . .
<br /> :r�•,;?''a•�f'::s_-Y�, r :
<br /> .,,.,.',.:. . � 7.Ft+otedion og LcitdRr,'s i7�,.*►its in t�se Ptoperty.If Sorcx�wer fa�'ls to perform the covcnanu and ageemeuts oontained in � • .
<br />_. ,,:.::_'' , . • this Securiry Instrument.or tAere is a legaf Ptoce�ding that may significantly affect Lender's rights in the Propesty(such as a .
<br /> �'i:=.�.:::.•:� ..- � pr+occeding in 6ankruptcy.pmbate, for oondemnauon or forfeiture or to enforce laws or regulations),th�rr�ender may do and
<br /> '= �' � " `� � for whatever is n to rotect t�e value of the artd Lender's ri ts in the Pro
<br /> �f,�,:�.:� �'> , r"`. PaY ��Y P �OP�Y 8h P�Y• �er's actions•caay
<br /> "�'-'���':°,��;�=�:' `. include a an sums secuzed b a lien which has r,ot�Ey over this Security Instrument. a , Q y g
<br /> �.4.:°�.•:. . P� g Y Y P � PP�ng.in'ornttt: a in
<br /> �•'-'"'••�' '' ceasona6te attomeys'fees and entering on ttte Pmperty tu�Ce�epaits.Aithough Lender may take aetion under tiiis,�maagcup� :
<br /> ' `'::�.3 ar.;`=:..'°��.: .• •
<br /> ; :�:..:,;,,. _ 7.Lander does not l�ave to do so. • .
<br />" ��'�'�'•� - Any amounts di5�sused b L.ender under this ara h 7 shall become additional debt of Borrower'secured b this
<br /> _,�• .��;.-�.-�::,• . : Y P S�P y� . .
<br /> _ ;�,,;._,.<... :,..:. �� Securiry Inswmens_iJidess Borrower and Lender agree ta other terms af payment.thess amaunts shali bear int�rest from tite _
<br /> . date of d.isbuisement at the Note'rate and shall be payable.with interes� upon norice from Leader to Borrowcr res�uesting •
<br /> t``�'''~' • . PaYment• , ,.
<br /> ' . � S.Mortgage Insurance.If Lender requit+ed mortgage invarance as a aondition of making the loan secured by this Security _
<br /> � `� Instrumen� Bormwer shall pay the premiums required ta maintain ihe mortgagc insvrance in effect. If, fos arry reason, tPte =
<br /> + � • mortgage in�nrance coverage required by L�ider lapses or c�es"to be in effect.Borrower shall pay We pretniums require8 to =
<br /> ` ;' •' obtain caverage substantially equivalent ro the aiongage insurance previavsiy in effect.at a cost sui�stantiatly equivaIeni to We' -
<br /> •� . � � cost to Eornower of the mortgs�ge insuriinnce previou:l� in e#fect. from an altemate mortgage insurer approved try Lender. If ;
<br /> '' � � • subsmntially equivaIent cnortgage insurance covc�e.is•aot available.Borrow�r shali pay to I.ender each month a sum eyt�l to =
<br /> ` ��';' � oae-twelfth of tt►e yearly mongage insurance premiuttt being paid by Botruwer when the insurante coverage lapsed or oeased to _
<br /> � ; : ' be in effect.I.cnder will acoept.use artd retain these paymenu as a loss reserve in lieu of mortgage insurance. Loss resenre
<br /> . ' ��r'14:i;,-` Form 3028 8/90
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