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<br /> �.r ° .a=�°. �xiods t�as Lender cequires. ltte insutu�ce canier provid'usg ttte insursrcc�shaU t�cho�en by��orrawer�°.��j�cl"F�nder�<
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<br /> �� appmval crhich shaU aot he euueaso�nably withh�ld.�tf�arrawer f�its to m�iflt�.in coveaa�descftbed nbave. .at -
<br />-`��_,`�,�,�--''�.;.°;:�`�}°� Y.en�er's ngtion,obtain cavem�e i�F;ote�t Lcn�ezk tigEus in�Prapsrty.i�n tx�uTdance vntd�pam�* p�7. ' �
<br /> r.:� �°'�'�' : - - — AYI�� ,�,n nWicies and rer.e�rals�Ita[i he ccce�ttable to i;cnder apd sPtati.include a st�t�iard�no�tgr.�e claus�, I�.mQ�r
<br /> —�<:�r<,f.-�`..�_:�.-: --. sh�ll 6ave the right td hofd the polici�s nnd ceQewals:�tYL,cn�s�quires.Barcocver sha!!pmmptty.�i�e m 8.cadcr a11 cecef�t� , ,
<br />-=t, '` ` `' .`,'� - of paid premiuuss:�.�aer�al n�ti�s. �n the ev�=af t9s�,8mra�v�sh�l!g{ve�gromFt n+c?ire fa ehe inss�tattce��r rst� ; ' _
<br /> -:� . � . :°. -`" Lender. Lender may c�ke Qraof of tass if nnt m�do prompily by�ormwer. ,
<br />'i � � `.' .�� °` . Unhss LQader aad Borrow�r oZtte�u�tee in writing.�nsvrar.se Qro�:eeds ehall he a�SI�d to r.�turation ar s'ep�3r aF
<br /> ` ` < ,..�� ` the pmgerry damated; if the tvstosattv��nr repair is econamicaliy f�asiMle and Lenderl�secwity is nat lessct�^ti. .�f tif�
<br /> �r - - ," cesrordtioa or iepair is not econamisaUy feasibt�as L.e�e��sec�rnty�vouid�e tcg�,��#.Ei��itss�� pr���''�1!t�� -, - - �- ;
<br />•,�;: .<` ti, f �. � . � �pp�ied co the,sams securtd by this.Security'iiisttum�ei,c�hether.os nat ehen due.�vith nny excess'p:tid to Ba�m�cr. if �
<br /> �;"' " Bojrowxr a6 a n dons d t�P m p c r t�►.or doe:�no t nnsc�r�r.+u i t h i n 3�dn ys a noti�e f,s a�m E.er.der't7iat.the irsary:c�ca�rbexlias .
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<br /> _ � ••- offered to seutc a slaim,then I.endea may wllect tPte€nsurar,ce pra�eds. l.�nder.snay use dse pmcet.ds to���ir or resta*e
<br /> �-.;.�`s�.{ � .�:, , the Pm�rty or to pay sums serured 6y tius Secunty Instrument.wh�or rtot�tteti fi�e.The 3Qday periad w�ll be�,t»whttr .
<br /> _—'.-�;�.._� .r's;_ ': she nouce es given. , t
<br /> E7niess Lender sttd Barr�wer othenvise ugree in writing,any applicatioa of praeeeds to�pinqciPal sY�a41 not Gxcend or .
<br /> 4��� �-``�J �' � s ne tke due date of the monthl a ents ccfemd W in ata I�s 1 and 2 ar chaa�e ths amount o�tfte payments. if
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<br />�:-;-. • under ata h 21 the Ro is Aoqnirecl b Leuder.@oaower�s ta aay insu�ance policies and ptbceats t�sutting.
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<br />:-,,:i�;-� - �• ,.:-.: from daraage�ta the Fcoperty g�rior to the scquisitlon stu�ll pass to Leadec w the e.xtea�t of t�e snms secared 6y this�wity
<br /> !°, : .,�;. _.Y• . Insuument immedi�tely prior co the ucqui�si�.on. � , .
<br /> �� ��� 6. Oceop�nty: Prcger�s3tnm,MaInienance.oad �rater.t�a� a� t�.�rv�;�Borrawer's.f.aan A�tioni
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<br /> �_, r r �, f,�hofds. Bmmwer slzatl acceipy.e'stahlish,aitd nse the Ptaperty as Bar�arier�::t;�ficfi�r�i�r.rithin sixry da�rs after . .
<br />-- - the execurion af this Security Instnunent and shall aontinue to occupy the Pmperty ir�_If�3rrr�,ti�fasY I'►��4?��s�dence far at
<br /> -���'.1--•:': :-;-��.., teast.one ye� after tQe datc of aaupancy. uniess Lender otherwise a�rees in vir��r�`�t1?r�s;i�cnn�ent shalt not be „
<br />-�;•,: ` ' � ` amxasona6ly withS�eld,or unless estenuating circumstances exist whIc6 ac�e beyond Fianrfrver�s�i�TmL Barruwer 5�11 uot
<br /> _' ---<-'y1'-r__u �Ry &rrrawetshall.. .
<br /> ��:��__.-.�:..-��--. - de�oy,damageor impair the Fraperty.attow the Pro to deteriarar�ar cammit waste oa the Froper�y.
<br /> �. . • ;.• .' � be in deYault if aay forfeiture astioa or proceeding,wflether civ�7 or criminal,is tsegun that in I.c�er's gaad faith judSwent . ,
<br /> -- --- . _ cavld�suIt in forfeitute of the Froperty or otiterwise maferiaUy impair the lien created by utis S�curiry Instntment or.. .
<br />-.'i-.F'.' Lendeis security intecest Boitower may cure such a defaWt and reinstate.as provided ii►paragtaph 18.by causing the acua�e
<br /> - � or procxediag to irz dismissed with a tuting d�t,in LertQer�s gaad f�ith detetminadan.preciudes forfeiture of the Barrawer s .
<br /> --'�-f_-'-,.-`-��'.`.,-.' inter�st in the Ptaperty ar osher material unpaim�ent ap t�te lien cceated by this Secanry Iasuument mr Lender's se�cudry - ., , .
<br /> � � ` � interes3. Borrower shall also 6e in default if Bamnwer. dt�rin� the Iosrt applicutian groc•.ess. ga�!e m2ietial�Y fat6a ot .
<br /> � inaccu�ate infom�atian or statements to Lender(or failed to provide Lender with any tnaterial information)i�can�cction with .
<br /> •� . the lo3n evidenced by the Note,iwctuding.6nt not limited to, representarions wnceming �mrnwa's occupancy of Khe
<br /> . ' � . ` Pr,operty as a principal residence. If this Security[nstrumeQt ds on a teasehald Barraw�r sha11 comgfy witP�ull the provisions
<br /> �� '`� • off the Iease. If Borrower acquires fee ritte to the Pmp�.rty.the leasehold c{nd the fce titte s6a11 not merge u.-�Iess l�mdei�g � . �
<br /> � � . . to the merger in wricin�.
<br /> • ' � 7. ProtectIon of l.ender's�tlghis in the Property. If Horrower fails to perfoym the wvenants an4 a�neemenrs
<br /> . .�` • contained in this Security Insuvment,or�here is a legal proceeding that may sign'sficantly affect Leader's rig6ts in the
<br />.- : ' .. . � Property(sus6 as a proceeding in bankruytcy,Qrobate,for condemnatIor►or forfeiwre or to enforce taws or regutatioas).then
<br /> , � Lender may do aad pay for�vhatever is necessary to pmtect the value of the Property and l.enderk rights in the Ptoper�y.
<br /> . ,5 : .. ..
<br /> • • • Lender�s actians may inciude paym�any sums secured by a lien which has priority aver this Security lnstraneni,�spzarmg
<br /> •-- - —`�--' in court,paying reasonabie attomeys'fees and emerin�on the Pmperty+to make repairs.Althongh Lender maq talce action
<br />, . •_: � , under dus paragraph 7.Leader does not have to do so.
<br /> . ' � � - Any amounts disbursed by Lendet under tivs parag�ph 7 sha11 become additianal debt of Borrower secuted by this
<br />"-- ' � ' Security Inswment. Unless Borrower and L.ender agrec to other te►ms of payment.these amounts shall bear interest from the
<br /> - � . ' date of disbursemes�t at the Note rate aa�shall be payable.with incemst,upon notice tlom Lender to Bonower requesting
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<br />-;.;.,Y�__ ,.;�: . . 8�. Mortgage Luvrance. If Lender mguired mortgage insurance as a condidon of makii�g the loan secured by this
<br /> �`-�°.��`:�:__�•..� Secarity.butiumen�Borrower shafl pay the premiums requued to maintain the mortgage insurance ia effect If.for any
<br />=�•'. , ' `�`' . rezson.the mmtgage insurance coverage �uued by L.ender tapses or ceases to be in effect. Borrower shall pay the
<br /> , ' , premiums requirad to obtain caverage su�s�:�ally equivalent to the sao�tgage insurance previousiy in effect. at a cost
<br /> -'$. • � s�fistanually equiva9en!to the cost to Borrower of�the mortgage ins�v�pneviously in effect.fram an altemate mortgage
<br /> �' � . � . ia�er approved try Lender. If su�-tantiaily equivalent ��e insura.�re coverage is not available.Bormwer shall pay to ,
<br /> L�der each manth a sum eyual to one-twelftb of the yearE�;r���rtgage insurance premium being Paid by�orrower when the
<br />-� , � insurance coverege lapsed or ceased to be in effect. Lertder v.::l accept,ose and retain these paymenu as a loss reserve ia tieu =
<br /> :a • of mortgage insurance. Loss reservo payments may no tonger be requir�i.at the option of Lercder if mortgage insurance
<br />:i � � coverage(in the amount and for the penod that Lender requires)provicfr.t by un insurer approved(Sy:ti.ender agairf 6ecomes ;-
<br /> --�. ` available and is obtaiaed.Borrower shall pay the ptemiums requined to maintain mortgage insurance m effect.or to grovide a _
<br /> '" � . , loss reserve.until the requin�ent for mortgage insurance emds in accordance with any:rcitten agr+eement 6etween 8�rrower , _
<br /> ��` : �, and Lender or applicable law.
<br /> ' � 9 Insgea0,�n. l.ender or its agent may make reasanable entries uy�on and'r�:��Ctions of the Property. Lender s h a ll �,
<br /> � „ , ��'«, � give 8onawer rrr,tsce ai the time of orprcer rn an inspecdon specifying re.;_c^abie canse for the inspection.
<br /> , ' 10 Condemnatiofl. The proceeds of atey award or claim for darR.�:,;-es,dire�t or,wnsequential.in connection with any -
<br />��.� '-� . . •F. !�� Siagte Famity»Fa^~.20 MaelFYeddiO biac UNIFORM iNSi'RIJMENP--[:niforrn Covmams 9/90 fpage 3 af b page.r) `'
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