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<br /> ;�:�:;�_;.,..���xcc� S.:�97ar�i QT fi�TO,�rty`f�8uce.�rrot'ver 51la11 keep t$ff im�mv2m«� at�w faaSEiAg 4u here�ti�r�'�tt�d.07 t� . ,
<br />-'�-- --- , �rape�ty ins�ued�ainst toss by ftre.haza�s i�ctuded witt�n th�term"extend�ieoverage°��t ot�,t t�azards,�ctut�g ; , .
<br /> -: ftb�s or fiaadin�,for wfuch Lezcder�rquires insuBance.Tii�s ansu�ce�hall be tnaia�ained in ghe areo�siad`�ir�tE,e per�«1s .
<br />� - ` . that.l[�nder teqvire�. Ths t�raicc�carrier pravid'tng ths in5vraaoe sh�T�e chasen�by�orroa•er s�tsjc.�t to LendEr's�apg�+a�' `� , .
<br />-- -=_-= - � bvQ�ich shal! �tot be unre�sonably withh:Id. if B�AOwep fa�a to mafntain cover�e�dessri6ed abnve.�.ender.may,`et I.eAder"s' �, : �
<br />- qpuan�obt�in a►ver�a to giot�x l�ader's rights in the Pruperty.i�asc�dance witn para�tph 7., � � �.°`�� ` � .
<br />-'� A!I iasu�anoe gal�yies a�d�FeneWSls si�ll 6e accep2abie Eo Lender�shal!include a�t9rtdard.moltga�e claus�, �L�ader��
<br />� '• shall have the rig�t to ttBld the polioies s�ad reQewals.If�L�iader riquires.Borrau,�r sh�ll promptlg give to Leuder a11,reoeipis of '
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<br /> ''-�>°'u:;.�.<:.,, . , Qaad premia��ad renewa7 notices.In the eveat of toss,Bc�riuwer sh�ll give prumpt'udtica W tYte i�5surdnce cartier a�d L�°.r.
<br /> - �-�;;x.,.,;..�, � ,� La�lera�aYar�Proo€o�toss�ufit�F''�►iiY�3'P�ou� r �, _ < . --' -., , -``- .,-- _-- - -----.
<br /> - �� � - . ' Ualess i�ettder and Borcower atAervsrise agree u►arriting..insuranc�e p�a�ceeds shall be applied�o.t�iu�atian or m,pair of che , �
<br /> .` , Propert�damaged.if the r�.ctoration or r�egair is eco�ornicallY ferisi'bie and Le�s security i,�uot it�sseaeal=If ti�c restm�aEion or
<br /> c�- , regair is noi epuaomically feasible or ta�tder's s�arity wonid be le�sen�l,ti�e i�uattce pzaoee�Is sbali be a�splied W�the su�ms ;
<br /> ''; s�by t�is�riry, �nstnuaekt,wfiet6er•or ant then"due„ w'st�aay excess paid to Bonower:�f Buru�wer�altandons the .
<br /> _ Property,or�oes not aaswer arithin.�Q ilays a natice frvm Le�ader that.the insaiance carrier.has offe�ta seitte a�ctsim,t�en� ,
<br /> - i�ader may.callect`tfle insnraitce pmceeds. Leader may a3e t6e pr�oce�ds.m tepair or�tore t�e Prope�r or.tp pay sums • •
<br /> > secuied by this Setvrity Instrumt�t,arheiher or aot then due.The 34day period will begin whea the narioe is given:
<br /> EJnless l.eader and Barmwer othenvise agree in writing, aay applicatiian af proceeds•to principat�I�alt aot�ttend nf
<br /> post�oae the due date o�the mouthlY F�S+���m m gaiag�aphs I and 2 ai ci�ange tlze amtranf of�p��� �
<br /> � . .upder paragraFh 21 tbe PtopertTr is acquited 6y L.eader.$orcower's�right ta.�r insurance policies aad praceeds resulting.&aTh �
<br /> �damage to the Pr�operty prior to the aQquisi,tion shai}Fass to i,eadgc to tAe-�x.�t of the su�s s�ured by tIsis.Secasity instntment'_ ' .
<br /> _ :.,;�.;,��_. •, ��Y Piior to the_acqaisitian. ' . . � � . ..: . • .
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<br /> � .7- 6.Ocwgancy,Pt+�+aHos�,Maiate�ance and Pmtedion of the Prap�4y;B�rniw�'s Lvan AppiIca#ow Leasehold�; �
<br /> _ E�rfow�s�alt baeupy,.�b�is�,and ose the.Fraperty as Sorrosver's principal residence witHia sixty days aRei the eze�uan of : '...,
<br /> _ .. . this Securiry Insaumeut and sha!!caminue to otxupy the Property as Bo�avwer's pria�ipai residEnce far as�leas4 aae y�`� �.' - .
<br /> the date of ocrup�cy,untess Lender otherwise,agrees in writiag,.whic6 consent shall not be unreasonab2y withheld,or�S� .
<br /> ' exteimating circqunstances exist which are beyond 8armwer's controf..�orrower shall not desuay, damage or impais..t&e • , �
<br /> Pmperty,altow the Prctperty,to deteriorate, or commit waste on the Presperty. Borrower shall he in defanit if�any forfeia�ei� ;
<br /> actio�or piote�'ing,whether civil or criminal,is begiw 48at in Lender's gaad faith jud�coutd�r�utt ia farfeftu=e of t}� .
<br /> � �'' Pmperty ar ot�.erwise materialty irapair the lien created by tlns 5e�rity Itutmment or Lender's sec�uity interest.Borrower�imay
<br /> ?1�,,�;�,�:,� pue such�defauIt and�rcinstate,as provided in parag;aph 18.by causing tlr�ac�on or pmce�dIng to tre dismissed with a rafiag
<br /> ' � '�y��;�;±�iti•,.S� that, in L�er's good faith determinadon.,pre�ludes forfeiture of the Borrower's interest in the Fraperty or other material ,
<br /> ' ��,�.., �' impairmeat of ghe tien erea�ed•by tlus S�ecutity Insmimeat or�er's seciuity interest. Eormwer shall afso be in defautt if ,
<br /> _ � •'•:•.�-,-'��:',�� - Borrower:during the loan apptication process.gavC materially false ar iaaccc�ttt+a infarmation or stateraents to Lender(or failed . • .,
<br /> r°�s�„'.`. �`` ';''•'. . •p �der arith any materia!infonnation)in connecdon with the lo2u i:src3enced by the Note incladin bat uoi linnited •
<br /> � • , : � to rovide� . g, .
<br /> ��.���i��:': to,re.p�futions conceming Borrower's accupancy of�he Prog�rt,�r,as a pr+n�ipal residence.If this Security Insnumct-t�rr va��n a _
<br /> ' �• • �,-�-'+�,�, leaseha�;:�i�rrowver shalI comply�with aU the pmvisions of tfre t�se. If Eorrower acqUnES.fee titla tar t�e.Ft'�Q�f�'�. the
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<br /> _ �:�'`����� teasehol¢aitd the fee title shall nat merge unless L.ender agreES to the merg�tin:.'�!riting. ::.,..:. ,i ; ;.;; 1 `..
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<br /> - ,!`�'�-E;�z.,"'.`��',; '� 7.Protection of Lender's Rights in the Prnperty.If Borrower faits m`pc�"arm the covenants and�.eats tti,tained ia
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<br /> . this Secaiii3y lnshumeat.or there is a legal proceeding that may significantYy"affect Lender's rights in the Property`tt4c
<br /> `:;:5�;;:�;�;�.:�_:::s;_,: roceed' ��m banlQU t
<br /> �.;, p �, p cy,pmbate,for condemnation or forfeitute or to enforce laws vr regulations),ttaen Lander ai�ui dv and
<br /> _ ,� ' �,::�;� pay for whatever is necessaty to protect the value af the Pmperty and Lender's rights in the Property. Lender's adi,:�c�s may
<br />- '" ���=.=;:�.; include paying any sums secured by a lien which has priority over this &°curiry Instiument. appearing in court, yayic�
<br /> .' z' �b�����'" reasonable attomeys'fees aad entering on the Property to make repairs.Alttto�h Lender may take action under this paragraph ,
<br /> �,��`� '��'� 7.�i..ender does nat I�ave to do so. , . :
<br /> �=F`-?'=-'`} '�•1' ' .My amounts disbarsed by i.ender uader tAis paragraph 7 shall become addiflonal debt of Borrawer seaired by this.
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<br /> • '_:�3�;•��`� ,. Security Itistrument. Unless Borrower and Lender agree to oth�a m.nns of payment,these amourits shall bear interest fi�tm the
<br /> ''�`^ �= �� �� - ., date of disbursement at the Note tate and sHall be payable,wit'n'interest. �so� notice from I.ender to Borrower�equesting •
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<br /> t Y ;��,:.� , :,'.`payment. •
<br /> . 8.Mortgage Iesurunce.If'Lender required martgage insurance ac a condition of making the loan secured by this�a,^urity =
<br /> � • '�:,�:?: �instwttent. BorroweT shall pay the premiums required to maintain the mortgage insura�►ce in effect. If, for any n:�tnit. the _�_.
<br /> � mortgr.�insurance coverage requirGd by I.ender lapses ar�to be in effeCt.Borrovrer shsill pay the premiums rc�nii�i to -
<br />_ �,� � • : obtain cvvetage substantially equivaler►t to the mortgage insurance previously in effect.at a cast substant'iaUy equivalent to the .
<br /> �•�� cost to.Borrower of the mortgage insurance previonsly in effect. from an aiiemate mortgage insurer approved by Lender. ff :.�
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<br /> �. , �.;;: . substanrialiy equivalent mortgage insurance cavetage is not available.Borrower shall pay to Lender eaeh month a sum equal to =
<br /> . • ' : '' one�twelfiI�of the yearly mortgage insurance premium being paid by Borrower when the insuranoe coverage lapsed or ceased to °
<br /> �:.,�:;. ','�,-.� be in effri;t. Lender will aooept,use aad retain these paymenu as a loss reserve in lieu of mortgage insurance. Loss reserve �
<br /> � �;:_}.�; ...:'...�_.'.:� . • • � Form 3028 9190 M
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