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<br /> s � . � . �1751IICd�BI�St IOS4 by FIIC.6AZ�dS II1CII1QEd VJIIhfA L�lE tClIIl°87It�1QE�C�VCt8�8"8Il�8Dy Ot�iLt��5.�AC1Q�tii+$�OOd.9 OT . . '�.
<br /> � IInoding,for whish I.�der reqiiaes ms�canca'11iis insutaaoe shall be maintai�aed in the ama�ts aad far the p�iqds t6at Lender ° . � ,. s
<br /> -_ -__.,�t.. `��. :. . rzq�aires.�te Ins�ance rairier providing sL�insuiance sLal!be cheseA by Boirowes sub�ct[n Lendar's�ppmvai ahich s6aIl not --:-_.��_ ' _ �_
<br /> _ .- - ;;--.-: E�s�asonsbIy crithhe2A. U Baaar�� fai�to �aintain�d�aEavu,L�td�aray.ei I,en�er's apt�.oh� . : -
<br /> , . . ' . coveiageeopmtEStLeader's rightsm thsPioperty inaoeordsucearit6 g�h T. . �� • .. .
<br /> . � A!1 ias�nsac+�poliaes and reaewals sball 6e aca:ptabte tn.Leader su9 sha�iacl¢de a sranda�m�rtgage cianse.la�der sha31 � _ � f? ; �"
<br /> � . . �� - - 6ave the right o�hold the policies aad teaewals.If Leadra re�aucs.Baaowet sball pcumpt�y gfve Ro I,eudfr aU r�eipts of paid .. � . 6_
<br /> ,� �_� _
<br /> � .,_ ;_, ..: w_ �emfIIms aad ranea+ai uatices.In the eve�t of fnsv,Boimwet a�all give pinmpt anw:e tn the in�naace cairter and Iander.Leader . • _:-
<br /> �..._.. . . . may malce pmuf of Inss if mt made promP�Y�i+Baaower. . . ` _,t�
<br /> . , , . UNess Latdrr and B�oare�otbelwise a�ee Ia vvri�g,ins�uaace pt�ceeds shaII 6e applied tn res�a�nn ar repair of the , :�..::r,. � :...-
<br /> � ,r . �P�Y�aBed,if the�un ar�is ecoua�y fea�2e aud Len�r's sec�uiry is nnt tesseaed.If�e�an or � -.��;
<br /> iepaz�is not ecunomically feas�le or Ir,�der's saauiry aonid be lesseaed.tbe insu�ance proceed.s sl�tail be applied m the smns , •_ ;.,�:�,*;
<br /> . - . , � secared by tLis Se�rity�Insuam�nt, whethea as not t�a�e.with any exoess paid to Baaowe�If Bamuwer abarcdans the , ', ..�
<br /> , ,. ��.
<br /> , �.. P�oge�ty,az d�nai�swec wiihin 30 days a norice fmm LendEr tbat the insu�aace c�rier Las offeaed to seuIe a cia�,thea . �'`«'�;``�----
<br /> � • . I.�nda may col�sx the iasmance psoo�.Leadev may use the pmoeeds m tepaa or restore the Pmpr�ty or oo pay snms scxuted . : T'"r�:;`-'_
<br /> " � . ... 6y dus Se�rity Instn�ent,whc�th�ar nat thea due.'IHe 3U-day period wc�i beg�when�e notice is givca. .`.���;._.'
<br /> . • ' Unlesa Lender and Boaaw�otheawlsc agt�in wrinng,any applicatioa of pmceeds tfl�rrincipal shall nat extend or pos�tpoae , `. ••~�'j�F``�"- _.
<br /> . the due date of Bie monthtg paymeats ief�red to he psragrapl�s 1 and 2 or the amo�t af the - -.�-"�_''° `
<br /> � ' c�ge �aYm�enis.ff mider�h
<br /> .. , .'. � ," .�i,the.pm�eaty.is-�quit�-by I:eatdea;�Bum�wds-rig6l.tn.any.insvrauce�policies-ami pto�tis resul�gfrcftri dam'dg��o�dt� -� ----.-.. �. .--
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<br /> �F�Y P�to the acqnisaran shaII pazs co Lendea t�the exteni of the sums seaued 6y tt�is Seauity�eat f�mediateiy �- •. „
<br /> . . prior tn theacqtri�tion. . .�'�'' ,=—
<br /> 6•Oo�P�nc9.Preservatioa,Maintenaace and Pimtec�ton oPthe Pro • ' .. ;,�-�
<br /> perty, Boimwer's Loan App)tcation,Leaseholds.
<br /> ,.., . . .
<br /> . _ . Bmmwea shafl._
<br /> .:_ . . . _.._ _ oocapy,esta��sh.aad use the.Propaty as Bosrower's.prinapal residence within sixty days after the execution of -
<br /> ,. . . thi4 Sec¢city Jnstrmneat end sball contmae(a occbpy the Propeaty as Barmwea's prinapal resdaace for at teast one year af�er the �w' �t� �
<br /> . . . " date of oocupancy, unless I.c�dea orhawis�ag,�+ees m writing, whlcb cans�nt shaU not 6e anreasanaWy wid�held,ar ualess -
<br />.: . . '.• exteuaaimg c�n.vmsta�aces exist whicb ace 6eyond Boaowea's con�oL Bmrawea st�all not destray,damage ar ffipai,r tbe Ptoperiy. ' .
<br /> '. allow the Pcoper�y to deterio�t�,ar corAmit waste an die Pmpeny. Bomnwer shall 6e ia defanit if any forfeimre sction.or '.�; _ . �.
<br /> . Fme�mg.whethea civil or cximinal,is begua thaL m I.endes's gaad faith judgmeni co�re,mIt uy forfeimre of the Pmpe�ty or •�_1 �- .
<br /> .. . ' oth�rwise mffieriaIIy impafr the tie.��by tlris Secucity Inst�ent or Lea�der's seca�iry inteaest.Borrower may cmre sach a � •' `'�
<br /> . � defanit and temsmfe,as pmvided in paragtaph 18.by causutg the ac�on or prace�d'mg w be dism:ss�witb a mling d�at.m . ' -
<br /> . . � Lender's gaod fa���e�n,a+*�,*;psech�des forfeitee of the 8mnowed's intfrest m the Paopeat�r or o�r mar�ial impaizmeut af .:�:
<br /> -- - --- - --=- ttle tteu C[�ed by diis SeC�ty T�cm�rr�rnt p�1�'s sec�+iatearest B�rowea shari aPso he�defsult if Bouusver,durntg the .. ��,r ..
<br /> wa
<br /> . . : .. 10�applicarion pioce.ss.gave mat�rially fatse or�ate�fom�adon or staLements to L�adea(or fa�led to pmvide Lendea with ' � .;��'��
<br /> • . any marc�ial mfa�atioa) in connection witb the loan evideaced by t�e Note,inclnding, but not limited w,�tatiwns . '�ik .
<br /> ' . � conceanmg BoimAer's acaapancy of the Pmpeaty as a principal re.vdence.If t3is Sewriry Instrument is�a a Iease�o2d.Bmmwra � . . ,, �
<br /> ._ : . . shall comply arith ag the pmvisions of the I�se.ff Borrowea acquIIes fee tuie tn the propaty,the 2ease�atd and the fee atte shall ,'` ;�`
<br /> `�..•�-�.-
<br /> . . not merge unless I.cc�dea agre�s W the merger in wtiYing. . t,;�.-��� ,�`�-
<br /> . �Ptutedloa ot Lender's Rights in the Properiy. If Bcrsmwer far7s to peafotm t�:wvenant�and agreeme�ts containcd in •'�,_ �/.�,�
<br /> , . this Securiry 1ast�amen�ar there i�a le�al D�8��Y���Y affect Lerrder'a rigkts im the Property(sach a4 a .• -y:�:`r . �
<br /> � .. . . . _ P�8 m b�PUY.D�bate.far oondemnation or forfeiAue or to enfazce laws ar regulations),�Leudea may do and pay .. _ . R"' ' . �,
<br /> . . . f�wvatevver is ne�aryr to pmtect the valae of the Fioperly mid Lendes's�igtrts in dte Pm�l}r.I.e�da's acduns may inciude • � . �'s
<br /> 'li • ' .. P�8 miy sums sec�ued by a liea whicb 6as priority over this Sequity Instrnmeat, aPI��B m co�•P�8 r2asonable .. '�:
<br /> . aumneys'fees and enteamg on the P,roper�y to make repaus.Alt3�ough Lendea may 41ce acbion�mder this p�agraph 7.Lendea ,:, , . . .�*.
<br />_ � doesnotF�vetodoso � . _. .'�: .� ..r.
<br /> ' ..._.. ... ._ _ Any amoun�disbarsed 6y Leader und�tlus�aragraph 7 shall became additional debl Of Borrowes sec�+ed by this Secmity .� , `,_
<br />�-x ' • • ' .. Ins�vm�t.tTWess Barrawer and Lender agree to other tenns of payme,n�these amo�ts shall bear mtcaest fmm the date of . , .
<br /> . disbmsem�i ai the Note rate and shaU be payab�e.with intere��upon aotice fram Ler�dea oa Botmwer reclu?st�8 PaY�aL . . �
<br />_t � :%;;;: . _ .. �.Mustgage Insaranc+Ge. I�'II.e�der required mottgage ia�ance as a condition of s,�ng the Ioan secamd by ti�is Securiry . •
<br /> . :":,;. . In..�umn�� Bmiower shall pay the gmmi�s reqaued to �aintain the mort�ge insurance in effect It.for any �eason,the . � .
<br /> . . . marctgage Insura�ce coverage req�by Lea�dea Ispses or cea�s m be in effec6 Bolmwed sAatl pay tice y�emiu�s reqn�red tu � .
<br /> � ; . . : obt�w covexage sutrst�tially eqaivaleni to the aorrgage insu:ance previovsiy in effert.at a cast subsfaatially equivai�t m the � � ,
<br />:� �� . ' oo��Baaow�of the mortgage insmance previously ia e�oct,fmm an altema�e mortgage�a�proved by l.ea�ded if . . . .
<br /> _ � � svb�y eqnivaleat mmt$age iruurance coverage;s not avail�ble.Bomnwer sha11 pay m Lender each montb a sum equal w � ..
<br /> � . . ono�e?�fth of the ye�ly mortgage instumaoe�remium being paid by Bmrower whea the ins�ance wveaage la�sed or ceased w . . .
<br /> , : � be ia ei�eet LeudFS wi11 aooegt,use�mxain these paymenm as a Ioss reseave ln�e,n of mortgage ins�rance.Lacs msedve , .
<br /> • Form SOZe 91�D � -� � �
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