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<br /> -_------ - "'��' flcsods or f7uadinE, PC�f ViIIICiI I.Ci1l�Ci'YCL�LIICC'i iii�,o�r.tn.cc. lhis;lil.`:UP.IIlCi:SI{(IZI I1C 1i11iI11S11iIS,d iu tii::n�um��it:�i:uii frr ii�;;f:�:�[;;ri•, *--�'�� •
<br />��-�=�-;;,,�� thnt I.�cnd�r res�idres. Tiic insurnu�c c;rrrier pr��vidiug th� intuo•aeue siedl l:c cho`c�i by t3or�ouir tiuh)cci tn I.eiacice's nofpri►val
<br /> — tiuhich sltuli not I�c un�easoual�ly witlihc4d. if liurr�wcr tulls to mairtai�i covc��a�;c dcs�rihcd abuvc, I.csu�cr m;,y, ;1Y I.CIIIII'Y�i
<br /> � option,obtafn covc�ragc t�protcet[.citct�r's righty in Ihc Propert,y in nccordaiice witYi pn�ngrnpl�7.
<br />���.:~��L��� fi�� IYic.UYdi1Ct �iailtCiGS 1i�itl 1�1{�W.YI� 6�13Z1 L.;.::,G:.�7I..u�C IU ttiia(ic:�:Ru �h�i1 �[1C�1{r!r ,� Sf^ii`�"tt1 RI��Y���a"E: 1'IP!!':r, �d+4sl�p ---
<br /> shull have the right to hold the E►aSicies and n:ixwuis.If Lcixlcr requires,fi�rrower shall pramptly bivc to Lcndcr all rccoipts uf
<br /> --�� patd prcmiums at�d�enewal nvtices. in the evenc of loss,E3arrower shall giv�nroinp¢notice ta tlte lnsurAncc wrrier a�xl i.cixlcr.
<br /> - Lender may makc prouf of loss if not uiadc pro�r,pUy by F�orrowcr.
<br /> - - - iJnlc�s I,endcr an�Borrawcr otherwise ngrr.c in writing. insur.snce pra:ceds shall bc npplicd to restoration or rep�ir Uf thc
<br /> _---- Property damaged,tf tlie restorntion Qr repaxr is ecatamiically feasible nnd I.encler's security ls n�t lesuned.If tiie restoraciun or
<br /> - - ` -�°'_� repair is�wt ecuuomicaliy feayible ar Lcader's scrurity would bs lessee:ed, the i�uurm?cc procee.cls sho�! bn npPlie�t to tha sums
<br /> secured�y Ihis Sccurity Instnm�ent, wliethcr or nat then due, witl�any e�e.ss oaid to Borrowcr. If Borrower ubandons the
<br /> _- — Property, or daes not nnswer within 30 days n notica from Lender that che insurance carrier I�as ufferecl to settle n clnin�, then
<br /> _—_�
<br /> .--,��--- _-
<br /> - - - — L.ender may collect the insurancc procecxls. Lend�r may use ths procetd� to repair or restore the Property or to pay swns
<br /> _ sr�ured by this Security Instrumes�t, whether or not thcn due.The 30-day period will bc�in whcn die notice is gi�cn.
<br /> Unless Lcnder and Dorrcwer othenvise ugree in writing, nny npplication of proceeds to principa! shall not extend or
<br /> _..Y_�_ postponc thc due datc oi the monthly payments refeneci to in paragraphs 1 :�nd 2 or chae�ge ihe nmount of thc payme�its. If
<br /> _�.,,�;➢,;�.�� under paragraph 21 the Property is acquired by Lender,t3orrower's right to any insuranee policies and pruceeus resulti�g tea„i =
<br /> �W� damage to the Property prior eo thc ucquisitlon shall pass io Lender ta the extent of the sums secured by this S�;:urity Instrument
<br /> .��rP�.�i�s'r .,,��+,;_`� immediateiy prior to the acquisition.
<br /> ---_;.�.r�.,,�u-:.,.:�� +
<br /> :_,�.� 6.Occupancy, Freservutton,MainYenance and Protectlon of the 7rop�eriy; Barrawcr s I.,oun A�pticutton;i,easehotds.
<br />- , - s�"- Eor�ower shall occupy,�stablish,and use the Property ns Borrower's principal residence within sixty days after the execution of
<br /> .:r�ytaf,,r;�,.';id...�+� .
<br /> --- this Security[nstrument und sh�ll continue to occupy the Property as Horro�ver s peincipfll residence for at least ane year after
<br /> --.,,��:;:� �
<br /> -- -- ��{_;�, ,• the date of occupancy,unless I.endr,r otherwise agrees in wriYing,which consent shall not he unrrasonably withheld, or unless
<br /> _-.-��5�-
<br /> ��,P-�r•��-4: extenuutin circumst�nces exist which are be ond Borrower's cantrol. Rorrower shaU not destroy, damage or impair the
<br /> �:�:,::,t.F. t• ' � y
<br /> --;�''fii�����!2 ' Pro rt allaw the �ro ert to dcteriarate, or commit waste on the Pro ert AorroNer shall be in default if any forfeiture
<br /> _.�,;F,�$�`;;;�.A; action or pracecding, w ether civil or criminal. is begun that in Lender's go d faith judgment could result in forfeiture of the
<br /> -:°t;�," `::;;;;;;, � ��i�y� Property or othcrwise materially impair the lien created by this Securiry Instrument or Lcnder's sccariry interest. Borrower may
<br /> "=` cure such a default und reinstate, as provided in paragrspn iis,by causing[he action or proceeciing iu uo ui�,�i;aac�i wfi i a�u�ia
<br /> .n ,:' R.`:r;_-,,_ �
<br /> '/'(''�`""S�''`'-''°"°' thnt, in L.ender's gaod faith detcrmination, precludes forFeiture of the Borrowcr's interest in the Property or other material
<br />�.i,;�•1t1i.t�i.)'.� J'J�.�.='..
<br />'^"�l'u��,• •�.' ' impairment of the lien created by this Security Instrument or L.eitder's security interest. Borrower shall also be in default if
<br />��..a.•:�:.::
<br />_., ,�.. '.,;: , . , .',';l Borrower, during the loan applicution process,gave materially false or inaccurnte information or statements to Lender(or failed
<br /> � �;'�.x:•!`;:; �� � • to provide Lender with any material information)in connection with the loan cvidenccd by the Note,including, but not limited
<br /> :;�';�,;���":_ ._��;`�� to,representations concerning Borrower's occupancy of the Property as a principal residence.If this Security Inst�wment is on a
<br /> Y;;.:,;,....�..,,,,.�,{�.�., leasehold, Bono�ver shall comply with all the provisions of the lease, If Borrower acquires fec titic M thc Property, the -
<br />= :�.-� --n ��..:.�.�- le:isehold and the fee title shall not merge unless Lender agrces to the merger in writing.
<br /> !:NSF�N:'�"Y""%••�+G�`ti+ 7.Protection of Lender's Rights in the Property. If Boreower fttils to perform the covenants and agrcements contuincd in
<br /> " ` "� - ' "' this Security Instrument, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a �
<br /> :.'�,'•. ' �.. proceeding in bankruptcy,probate. for condemnation or forfeiture or to enfarce laws or regulations), then Lender may do end —
<br /> -:-:�s�:.���-��.�c�. ~ P Y TY P P Y S P rt3'• Y
<br /> „ ;.:,,,,_,._, _ a for whatever is necessa ro rotect the value uf the Pre ert and Lender's ri hts in the Pro e i.ender's acdons ma
<br /> - � include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying �..-
<br />� •• -�•� • � - � � reasonable attomeys' fees and entering on the Propcny to make repairs.Alchough Lender may take action undcr this paragraph -°
<br /> • .. . 7,Lender does not have to do so. �
<br /> �� Any amounts disbursed by [.ender under this paragrnph 7 shall become additional debt of Borrower secured by this ---
<br /> Security Instrumcnt. Unless Borrowcr and Lender agrcc to othar terms of payment, these amounts shall bear interest from the --
<br /> datc of disbursemcnt at the Note rnte and shull be payable, �vith interest, upon notice from Lc:nder to Borrower requesting -_
<br /> . payment. _--
<br /> " , 8.Mortgage Insurance.If L.ender reyuired mortgage insurancQ as a condition of making the luan sec:ured by this Security
<br /> ,; •� �, Instrument,Barrower shull pay the premiums riquired to maintain the mortgage insurance in effect. if, for nny reason, the �
<br /> mortgage ir�surance coverage required by Lender lupses or ceases to be in�ffect, Borrower shall pay the preniiums required to �'
<br /> � � obtain cuverage substantially equivulent to the rnort�age insurance previously in effect, at a cost substantially equivalent to the �;.�
<br /> - T '� � wst to Borrower of the mortguge insurance previously in effect, from an alternate mortgage insurer approved by Lender. If �`
<br />= substantially equivalent mortgage insurancc coverage is not available,Borcower shall pay to Lender each month a sum equal to
<br /> „ one-twelfth of the yearly mortgage insurance premium being paid by Borrower when the insurance coverage lapsed or ceased to
<br /> • } • be in effect.Lender will accept, use and retain these payrnents as a loss retierve in lieu of mortgage insurance. Loss reserve
<br /> - z .
<br /> ' Form 3028 9190
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