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<br /> --- --- �g:��os t9r6perty Ynsur�nc� l�orraw�r shait�&eeg i�e ampr�v,em�ts nont'e�cis� up t�er�fie�crc-rtc�1 on tt�� .
<br /> . .. .Y�copbny Ia�s�xi againsEioss by��t+e,E,azar�s�inslude�.wiahin tL,e t�em�"exteads�l wver.�e"�d as►y dt��.i Csarar�s.`€ticauUitt�, ,
<br /> _- - ^ ikzuds.or#tqndina,for�sI�ich I.ere�es�uins ai�ur`anre.TIus inscuance sd�fl be m.aint�inzd�n th�runour►ts�for�f�.�gertads ,
<br /> -----_--_ ' �a.t Lender`requir�.`�'hg-insurrsace casrier yrovidiA�.tt�e insurans��t1 tic c�tossn by�orraKer bubf ect N D�t,htder's u�tptovti'� � ,.
<br /> � �ied�sd�lt norbe uamasoz�,1bly.w41hhe3d. If�orcower faits to c�intain,r�v�r�g�descn`t�d abov�.i.ender m�y.et L�r}dct's .
<br /> -- option,ok�n coverage ta pratect L,eiider's rig8ts im the Pra{�erty in c�urdat�ce with Fata�aPh 1: . � `. . ,
<br /> - - - � Ail.insurance poticies r,md ren�wals shpti�bs:,scepta�le��Lc►�cr ea��It inctade a�atandard ai�rt�r►g�c ci��e; Lender
<br /> ------_ . � shall have 3h�.dg�t ta��nld t�E policies and cenewuts.If�.ender reqtures.Horr%wer si�aU pmmptly givc tv Lertd�r�alt e�ceipts o8` � .
<br /> -- _--_-= P�P�iums a�el re3ie�vul�aa�ces.In the ev�t uf loss;�mm�vcr shs!!give prompt eotise to the�nsurance carcier�nrl Le�dcr. ' ----
<br /> - - ----- l:e�d�may make.praof of iass if�nt i�Qe pto�I��Y�"+'��� . � � , � , • _-
<br /> - --- ----- �' Uui�LQnder an8 Bormwe�r aaS'ieicvise a�ree in writing,insumrc�e Prace�s�t�aU be upplied to resto�on or repair of ttc� . ..
<br />- , �coperty damagv�,if th�c�storation or c�psair is ecos�miealIy feasibie and Lender's securiry i��ot lesseried:if t�e restorstian or _
<br />_: - repair is aot ecoaomicaliy feasible or Lender's securiry w�au14�e tc�s�aed,the iimuraace proceeds shall[se c{gpii�to¢h�stt�i.s � .
<br /> - s�atsed by thfs,Secusity�Ltsdun`�at.wi�ether or not Wen d�e, �vith any r�cess paid to Sorrower. If�Bormwer abaadoms the
<br /> _ - - : .Praperty,or do�s noi�sw�r yvithin 30 days a aotice fram Le'r.der ttiat the i�*r+�carr�er[ias affered tQ set2le a rlaim,then
<br /> 0
<br /> • Lender mal+ wIIect the inse�iaztoe proceeds. I�endee may ase the pro�eeds to repair ar cestore the Pro�rty or to pay suQiS
<br />- : S�d by tHis SeCarit�7nctnrmer±t,whei�tex ot rtot then dutp.'i�30-day periad will 6egin wheu the�ttce is given.
<br /> ' ITniess.�der and Boirow�r othervrise agree In writina, anY aPPlicatiion af ptoceeds�to principal shail aot e�eteacd or, -
<br /> - - , Postpon�ehe due date`�of the caonthiy payments referred to in paragiaphs l and 2 or change.the amauat of the pay�ents.If.'
<br /> _ -- �r Da?�'aPh Zl the PropeBy is acquired by LendeY,Borrower's right so atty.in��*��policies.aM pr+obecds resultic�g fium -,-
<br /> . daana$�m the Fcopetty prio�to the acquisitiaa sha'�pa-'s to Ler�er to thf�ctent of the sUms serx+red by this Security Insbrmne�
<br /> _ ��s��� . . • .
<br /> _ — �mmediatEty Prior to tfie�cquisition.' . . _-
<br /> `-----_= 6.[�acuPan�9,Ptcs�vatlou,Matnteua�ce aad Peotedi�n o�the Prup�ty,Borrn�'s Laan ApplIc�atian,Leasehoid�. e��
<br /> --_-__ .� Barrav��s5a11 occupy.•estabfish,and ia'se the Pcopeaty as Borraaer's principal r�ideace arithin siaty days a8er the execvuon of =-
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<br /> tlus Securiry Instrum�is.-aad shall ao�inue tp ocNpy"the Property-as Borrower s priacipat-residenoe for at l�st one year , --._..-.... ----
<br /> ----�-_�.� t]ie date of oa�upancY,untess Lendet otherarise.agrees in writing,which aon�et st�atl'nut tsa p�easa�6ly withheld.or unless =°
<br /> ---_ --_-- ex�auaung circ�,*+, „�e.exist tvhich ate beyond Borrower's rn�roi. Bom�wer shall.not destra�. daiaiage or impa�r the. -
<br /> �" �._ --�:�� � • `- P►v�erty,.allow the E�opeccy to dzre�iordte,or cammit waste on the Property. Bflrrawer shall be in defau(t if aLy farfeiUue -_
<br /> ----_��.::.� � acSon cxr�roceeding, whethe�cive�vr.crimival,.is begun that i�L�ader's.good_faith jutigtnent cooid,resilt•�a forfeiture of the --
<br /> ---- Pcogerty'or athe�vrisematerially impair the lien created by this�ecarity Inswmept or Ixnder's sec�rity inter�st.Bomower may .�__..
<br /> ----__-- �`.� cure_such a defauit and teinstate.as provided in paragraPh 1$;by causing the action or ptnceeding to be dismissed wit2�a m}ing --
<br /> '�', diat, in LenRter's good�faitb decenu�imation, precIades fosfeiture of ihe Ba•rower's interest in the Property o'r other material
<br /> V im�fa;r�s:x of the Gen created by r�zis SECUrity Iastrument or�,.ender's security interest. $oriower shall atso be in defanit if -
<br /> ���` '� '� $orr��a�,during the loan applic�,�$racess,gave materially���e or inaccurate informarion or statemenis to i.ende��;�fa�led -i_
<br /> � ��; � to pro���.L•ender with any maceri�'�tnfom�ation)in connactio:y'!��ith the loan evidenred by the Note,inc[uding.but�C*�ited
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<br /> �. „�i-=r_ to,�resentations c�cn�ming Borrower's accupancy of the Property as a.�ri��al residence.If this Sec�riry Instrumert is on a ;;
<br /> r "�" leasehotd, Borror'���iall co�ty with all the gsnvisions o�the taas�. .i'.f 8arrower acquims f� titic.to the Brogerty.the� �==
<br /> wir_,,-.
<br /> leasefto�d and tke�.�itte shall aat merge unless Lender agrces to the mer¢ti�i�writing. : '_'�-
<br /> �• ; ''' 7.Pr atect�on of Lxnder's Rtg�ts in the Plroperiy.If Bornower fa�1s ta perfo:m[he wvenants and agreements wntained in � v��':':
<br /> ��' 'Yw,4� r this Security Inswmen.t.or there is a legal proceeding that may significantly a£fect Lender's rights in the Property(such as a " �`?
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<br /> proceediag in bankiupn.y.probate, for condemnation or forfeiture ar to enfe�sce taws or negulations).t�en Lender�may do and �."'"
<br /> pay for whatever is nec�ssary to.protect the val!�:�of the Property and Lender's rights in the Propertw: i.ender's actions roacy -
<br /> include paying any sums secured by a lien witich has priority over this Security Tnstrument, appearing in court: paying � '`,
<br /> - reasonabie attomeys' fces and entesing on the Property to m��.�repairs.Althoµgh Lend4�ri�ay take action under this paragraph r,,;-_
<br /> 7.Lender dces not have tu do so. ..::: , , �.., . ,;_'.`: � -,='-`
<br /> Any amaunu disbursed by�er under this paragrapli � shall hecame additiotia(�debt of Botrower securi�:t'ay this •."s:��
<br /> Securicy Insuument. Untess'Borro�ti�r and I.earJec agree to oWer terms af pui•ment,these amoants sh3],�:(�ar interest fram the •
<br /> " .� date of disbursement at�the Note,rate and sr.Jl:��� payable, witb interes��.�rpon notice from Lender t�:;23ortower requesting. '! f �.l'
<br /> .., ,.�:�; paym¢nt. . , , ;
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<br />_��-� • 8.Mortgage Insarattce.If Lender required mortgage insurance as a condition of making the loan secured by cfii:;Security ,
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<br /> •��.� . Insuumen� $orrower shali pay,the premiucns required to maintain the moagage insurance in effect. If, for any ieason,the
<br /> mortgage insurunce coverage required by Lertder lapses or ceases to be in effect.Borrower shall pay,tli�:premiums required to . •
<br /> obtain coverage substantially equivatent to the mortgage insurance previously in effect.at a cost sub�ra�aa�atly equivalent to the :
<br /> . �f�]�.
<br /> - t� � �•-, � ' cosr tn 19qao�ver of the•mortgage insurance previously in efi�xxx, from.an aItemate mortgage insurer approved �} L.ender. If �
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<br /> � •l substait�ally equivalent mortgage insnrance rnverage is not av�iable,Borrower shall pap to I.ender each manth a:<.u,'n.eyual to '. .
<br /> • ane-3weifth of the yearly�nortgage insuranoe premium being paid by Bornower�vhen the ir�urance wvetage lapsed•�iceased to �;
<br /> be in effect.Lender will accept,use and retain these payments as a loss r�r-xve in lieu of mortgage insurance. Loss �serve
<br /> � ' � � . . � Form 3028 8190 '� ";.
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