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<br /> --�- -- -- � , 5: �..aaaad ar Prag�y �.Bcjirnweg sh3li k�A cYie Imprav�aseats r_a�r ��' or i�reaf�es er�te�i,on the . ` -
<br /> -- - -_ , Pca�rty iasused II�ainst�o�s by� fir�, I�rds incltc�d�iaitltiQ.the.term'eatended�er�"and auy other 6u�n�s.inctudLng °
<br /> —= ftoods o:�aading,.€or wlix�h 1Legder requines insurarcce.l7u;instaraaca shali 6e�m�+�� r,���in the���ta�asd•toa t�'Ppnc�is
<br /> --
<br /> ---___= tLat l.endcs requ'urs.''€?��insnr�uce carrier pmv�disr�th$iusnr•ucc�shali be chos�n by Hurrosarer�subject ta L�nd�r's a�pnavaF ;
<br /> —_= '
<br />----___-=�=-°�=- whict�sh,�'s�i uoi i�sensEaso�ty wittettetd.If Borrower fails t�m;�*�rain wve�a�e desrrit�d`ab.ave. i.ec�cr t�y.�at I.��'ct's � .
<br /> - opti�,obtain enverage¢a protect Lender's n'gBts ia t6;Fraperay in ascar�aace witn paragapH 7. ;. . �.
<br /> -__-�-_-= All insstraric�pi�licies ar�ii renewats stlalt he scceptable to Lender and s`halI inrinde�standard.mortgage elau�. Lcutter .
<br /> -__ �-�-,�.` ' sha14 t�ie tIie aght to 4ald the policies and rer.e��als.if I.ender requaes.Barmiver st�l!P��PUY Sitie to Leader uIi mrsipts of - ---
<br /> ----:.-��.f=- pai��p�emiums ured c�newsi!norices.In the evem of toss,Sormwer shal�give pms�pt c►otice ta the ins�rance c,arier and I�nder.
<br /> �-A=j�� i�ndar may make proof of toss if nat mar�e Qromptly Dy Borrowes. • . _ . .
<br /> Unles.s L+ender and Eormwer otheiwise agrec in writing,insurance proceeds shal!6e applied ta restararion oz rep<vr a�tt�� ,
<br /> -r�� •Progerty @am�ged.if t�e restaaatian or repair is e�aonflaueally feasiiile aad Lensie�'s secunty is nnt t�ened.If the restaratian or ,—
<br /> - --,�-T��� repair is aot�ounomicalIy feasibte or I.ender's secarity woutd be tess�ned.ths insurance pra�eds shall be appiied to the sums
<br /> -_ -_-�_�__.=a secureQ by this Security Inshument, whether Qr noi then due, with aay eac�ss pai�to Bnrrowea. If Boaower a6anstons the �
<br /> ..-a- `-'i�� Ptoperty.or does aot answer within 3fl days a natice hom i.en�er that the insurance canier f�as offier,ed tc�seule a claim,tluen
<br /> -_� -__ �� �. Lender may wllac2 the insurdnce pr�cexds. Lgnder may nse the prr�ce�s to repair or restore tl�e PmpeYty or to pay s�s
<br /> ---—���'=��71S.+n --
<br /> _ -- ---__== 'secu�d 6y this S�asr�ty lnsirument.wi�ther or not theq dne.T(se 30-day period will begin whea the.aotice is givea.
<br /> -.�.3,���`'. Un3ess Leuder and Botrower oih�..rwise agree in writing. 3TiY aPPItC3210U Of�IQCC2�S LO p1'lIICIp� SI]3jI IIO[CJST2D3�6F
<br />__ _=;�����:� �
<br /> Fostpone tiie due daze oi the monthlY Payments referre�to in para,graphs 1 and 2 or change the amouai of thc payme�ts. If
<br /> ---�;:_��,;:� under paragtaph 2t the Property is acquixed by Lender.Borroaier's ri�t w any insmanre policies and praceads srs�iltiag€rom
<br /> �`�'�'� � �a8 �F��3+P acqaisiqan�hall pass to i,ender to the extent of the sUms secured by this Secn.*ity Instru�aent
<br /> ��; � e to the rior to the
<br /> '� : �°i �mmediately priur co the acquisition. ' �
<br /> __ �� ==-d£'�-'.�-:'. 6.O+coupaacy,Pr�ervat�nn.Matui�ense and Prntestiun of the Pro ApDtiq�ipn.LcasehoTds.
<br /> l:n,;;�c;;Y. perty,Borrowe�s Laa�
<br />`:�:.;,;�•y.,.;.•.2..,: , Bm-marer sha11 oaupy.esta6lish,and use the Property as Borro�ver's principal residence witl�in si.cs+j days after the exeiutir�af
<br /> . .-.� _---_
<br /> .:u; � this 3�carity.tnstrament and shall coMinue to the. __ as Bormwer's ' ' residemce for at least oBe ear after
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<br /> , t ;: ... the date of occapancy.untess Lender otherwise agrees in writing.wtrich consent sh�1.t not 6e unnasonably withhetd.or aakss ---
<br /> -�- '.a•=• r���� ��' extenuatin circumstances eust which are be ond Borrower's wpual. Bormwe�r s:tall not destro , e or air the -
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<br /> a; ' Property, allow the Property to deteriorate, or coramit waste on the Property. Borrower shall be in default if arry forfeiwre ----�--�--
<br /> ' �' _ _ _ act�on or pracee�ing,w6ether civil o�r criminal,is begun that in Ixnder's gaod faith judgment could result ia for�'eiture of tha •
<br /> •' :.•'-� � "� � Property or oi��i��alty impair the lien create�l by this Security Insdument or Leader's security interest.Barrower may �
<br />�"` ,'�i' .;�': '• au�such a def�t�r�,f--..,ss�'.�,as provided in paeagrap518,by caasing the action or proceeding to be dismis�ed arith a niling >,jP�. .
<br /> ' tL.^�L,in Le,ede�'s.gao¢faizFz c�etermination. precludes forfeiture of the Borrower's interest in the Property ea.t�►er matet�a! � =��~`
<br />`.,:�."•'.,',_�`�.'•�� �. im�rdirtnent a:�tii:tien created by this Security Instrument or Lendes s security interest. Borrouet shall atsv L-•e in defauit if �;�;
<br />_ • . ' ' • � Barrawer,drsing the loan application pracess,gave materially false or�accurate information or rt�.�.�ts w Leniier(or fanled � �A.'�:.
<br /> , ,•:;f., �: „ • w provide Lender w�th any material infoimation)in connection with tt�e�'ioan evidenced by the N�•w iucluding.but r.ot limIta3 . ���<:;
<br /> `'-°-°•� • w,representations concemrrw;8orrower's occupancy of the Property as a�principal resdence. If this Security Instrument is an a '
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<br /> .,�� '�k�f�%' fr�ehold. Borrower shali x!�pjy with all the provisiaas of th¢ lease. If Borra��.acquires fee title to the Property, the
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<br /> �,;��S ,:• . , teasehold and the fee title shall not merge unless Leader agrees to the rter;er in�vriting. .
<br /> :' •��.'•��� `'' � 7.Psot¢c�on of Lender's Rights in ti�e Property.If Borrower�-,�1'.s to perform the covenants and agreemenu wntained in =' °
<br /> . . �r j'� �
<br />, . ; ' this Secarity Instrument,or there is a legal pmceeding that may signifirantly affect Lentter's rights in the Ptoperty(such as a . `r:�li.
<br />_, . •;;,�{. . _ �� . proceeding in banlwptcy.probate.for condemnation or forfeiture or to enforce laws or regulations).then Lender may do and �. •�
<br /> "`'' • pay for whatever is necessary to protect the value of the Property and Lender's righu in the Property. Lender's actions may �..�.
<br /> . �' . � irtctude ng an sums secured b a lien which has ori over this Securi Instrument. a earin in cuurt, a in �� �=-=
<br /> ' :, PaS+1 Y Y F�► tY tY PA g P Y g
<br /> • ..� :.°�� .;�j rensonable arecrreys'fees and entedng on the Property to make repzis5. Although Lender may take action under this paragraph •�� Y��� 'a .
<br /> t�; ' ��?�. 7.Le n d e r do�s::o t h a v e t o d o s o. ' ����s:,�.�•
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<br /> '':��.�',,.�:.�� ':• ' A amounts disbursed b l.cnder under this s. h 7 shall become additional debt of Borrower secured b this
<br /> �Y Y Py--�"T�P Y , �',ti,'�,�, ',
<br /> ^_ �ti"'�k:;;�. • • �iity Instrument. Untess Borrower and Le�Mer agree c��other terms of paymeat, these amuunts shall bear interest from the � '�` �
<br /> ,,� �y . .�,,
<br /> •� '•�/•"�' � '�° date of disbuisement at the Note rate and shall be pay:;f;?e. with interest� upon �ra�:ice from Lender to Borrower requesting y;;:;� � • . , ;�
<br />�� . �. � . . Pal+ment. � � �`• , ,�,
<br />:i. � 8.Mortgage Insvraace.If I.ender required mortgage insuranx aa�condition of making the loan secured by this Security ': ,; ' .;;
<br />_ �, ' irtstrument. Bonower shalt pay the premiums required�� maintain the mortgage insu�ance in effect. If. for any reason. the ` ~' �~i�.:
<br />- '•�`'�� � mc�tgage insurartce coverage requued by Lender lapses c:ceases to be in effect. Borrower shall pay the premiurrs required to p�i ' �
<br /> ,::,::i� � P��>:. . .
<br /> - .�':;i?•�' cbtain coverage substantiaily equivatent to the mortgage insurance previousiy in effect.at a cost substantially equivalent to tte t . . . ..
<br /> ��" � ' ; , wst to Borrower of the mortgage insur,.n�:e previously in effect. from an altemate mortgage insurer approved by Lender. Ij ��;;r�r
<br />`�`�' . substantiaYly equivatent mortgage insura�1 coverage is not available.Borrower shall pay to LenrS�-each month a sum equal to �,-:�.:�<<;�.,.
<br /> � '�,.
<br /> ��� � . . one-twelfth of the yearly crtc�age insurance premium being paid by Borrower whea the insurance coverage lapsed or ceased to �;:�.':.'. .�.'' ':�;;.:�E�:,:..'�
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<br /> 1�:l;�j;• : .' � 6�in effect.Lender wiU acce{:e.use a�d retain these pa}::�enu as a loss reserve in li� of mortgage insurance. Loss reserve {`'••�i,: , ,�-. `
<br /> .F . .. ' . � �i���f . '.t� •�i
<br /> • 'i, Form 3028 9l90 ' ' � . '
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