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<br />---- . ' ~'J. � ti+ ��L'G.��il2F�LVCt SI181� t�Iti,,,,,.�,� ,F�f�tIII�Qy'��2t'�'� ,� L� . -
<br /> � `�"d'�`eiC:3�5.
<br /> __.___ . FC(S�C1Mt Ik5l31LR4 S$�S�6�5�f1i�,�T39 itlC�l��tY1L�ll"1[fTr[�°CS1tItd£�Qb1fC�9a°6.'°II�i�&IIj*OIZIfI$3ZE�.S.[�^tidt�
<br /> - ----- fic�o;ftes�i�t�.�'Qr whic3�I�ndsr requi,s+es:•��++•�,to�.'�is�.stur�nc�,stialt be�iaea in�t�a��s��foi th��crC�s . _----
<br /> = th�t I,en�r ec�uires. T$..in,urance a:rciPe,�pravidi��e2t�icv�,,:.�ll tN c�a�°n by Borruwrr s�lert to Ler.si'er's a�mva2
<br /> ____� �v6ioti s�aU!mt @e umt�+sanably�ritbhe[d�;�.f Borrower faiLs ca maintain an�eiage�'bed above, Le�er cnay. ea Isud.er's .
<br /> � aption.oUiain a�resage 8o pmtect I�end�r's r�gkls ia�the Propeity i�accordan�e wi�h par�gisPh?. � � , � .
<br /> -_ . �Ai!insuratc�e pc�&Gi�s aztd re�wats�#�,tse asc�ptabte 40 lxrcdes and sbaf� iqclude a stanciard inaragage clau..�e: Isadcr •
<br />_ _= sUa!!tizve t�e ei�fit�W k4td the policies att�r���,t`s.I€Lea�Ier stiquifes.�orivwgr shatl promn�p giv�to�.eude�ati tteeipts of
<br /> ° paid pr�iums and�w21 aotices.In tt�evern��,ta�,Sofrawer.sball give piarapt aatiae tfl the insuraACe carrier 3nd LeedrrY: .
<br /> _�. Lender�ay make proaf of Ioss if aot m�cte r;t1.��'by Horee�vrer. : � � .. , ---
<br /> _- - Uaf ess I,eryQ�.�nd 8orroaer ozh�r+vis�a�{:�.�iting,in..�x pro�eeds s�ll.�applicd w:rc�iration cr.�rrsf t?� _ .
<br /> -=:=�� ProPEnY dam��d.af tl�xestnration or re�ai�is�co��Ruealty feasibte aud L,ea�er's sesa�rity.is not 1�n�.If td�a resmraiion.ar -
<br /> _=_� repair is aot eooailmtcally fean'bIs or L.ende�r'��se�tt;sii�-r,�ould be E�senrd.the insuratrs�e gruoa�ds stsxti.6e agplied N tha sums
<br /> -�= secimed by this Secarity Insuument.whet�a ns�r.sv?i.t�tea dus. witb at�y excess paid to 8ormu�et,1f,Ba�ea a�acdans.t�.
<br /> --- Prope}tg,ar does not anssver within 30 day$u nc.•;�,'E[�AI E.CIIdB�tI13t t�8 inarran_..��rII�1C U�S 01�P.lEd[O SEttIB S CI11iR�.[II�{I..
<br /> ___- LQttder may collest ftw.insurance pmceeds..LEm�n�may us$the pmeceds to.cepair o=Festore tha �'mperty.or to�ay.sams•
<br /> __ s�cured by this Sc�ity Insart�ment,whei�eF ar c�:6,`�du�Th�34 day geriod aill 6�gia w�t the matice is givea. �
<br /> Unless I.eader aat#•�orrower othEnvir..a a�gr,e�.:iis:�rit�ag, any applicati�on af pr�oaee�is to prindpal J1aU nai�� or
<br /> --= postpone ffie dus:date oi tFce aionttily pay�;rds,er�Z�i ro in Pazagtap$s 1 aad 2 or c��e tbe amoaat af the payments- If --
<br />_= und�r Fztagapl�Z! ths Prop2ny is acquaz�d t+y,Le.�ei;`8omower's right to�iy ina�ran_�gOliCtes a�tl.pfoce8ds�eSiiltlltg.ftom
<br /> '"'�-" damage to tha Pnoperty piiar ta the a.cquisitip^►shatt,pass to E.e�der w tlie extent of tI�sams se�red 6y this Security Instn� �
<br /> -= ima�ediately pri4r to the acquisition. .
<br />---=�� 6.�ecuguacy,Prr�ejvatfon.Ms�tr�wre.eai�:Peatecaian of!he Prop�rty;Banowe�s Laan Applieation.Leasehoids. —
<br /> :w� Harrawes sitt�U qccapy,establish,and ose tlw_Pro�sCtty�s Sormwer's principal residence wit�ain sixry days after the eaeartion of �._-�._.:-----
<br />-`��� this Securi inswtnent�d shall contina�.�n c� the �i-�
<br /> = n►�. py Pre►perty as ltormwer's principai t�uce fos at teast oae ye,^��$er
<br /> —'°� the date of uccupancy,unless i»�uder oiisens��is�2g�aes in wci6ng.wbich consem shall aot�a�sona6ly cvithheid,ar.;�ess , -_- -
<br />.� � extenuating cincumstanoes exist whicF�.�'t��e�Ct� Borrowei s canhvl. Borrutver sl�l� t��";afir��uoy. damage or impau'.the --�--_
<br />-_= P r o p e rt y. a l l o�u t ha P mpe c t y to dKerio:ai�;.o�>r�ts�if waste on t k e Property.Hgrrower sha[1'be in detanit if any farfe.iau�e _ -� - `--
<br />-__� aaion or pmeeeding. tvhethereivil orcriwj�t,�I;�isr•�i�.u�that in Lender's good faitb judgment could result in:fadeitare of the• �'�
<br /> ��;r�.
<br />_,_- Praperty or nttserv�ise materially impair�trq��lsi�i��v�'r,s!�d by tHis S�uriry Uisdvment or Leader's security interest.8osrowr�:�ay . .�:.,. -
<br /> --- aue s�c6 s�defat�tt and minstate.as p�uidi�d Er��ag�aph l8.by causiag the action or procaeding ta be dismissed with a raiing
<br />_-=�� • that, in LendePs gootf faith determina�a,.prc�lcuf�s forfeiture of t�e Borrower's intere,st in the Property ar other rttaterial -
<br />=� impairment af the lien created by this Securitj;�Tusitsrment ar Lenders sec�riiy Tat�rest. Borrower shall also be in default if '=I
<br /> res
<br /> -.`�.�� Borrolver.during.t6e loAn application pmcess�gay�materially false or inarc�uati:ietformatio�or statemertt4 to Lender(or failed
<br /> �`�� to proqide L.ender with any material inform�tir.rl:ln cannection arith[he loaa i::-�enced by ti�Note.'sncluding,but not limated � ,��:
<br />=`.�;:
<br />- ;�' to.represeatations canceming Eorrow�r's occu�tuy of the Paoperiy ag a prine�al residettde.��.`.isSec�irity Instrument is on a •
<br /> �•.��._� leasehold. Botro�ve� shall comply with afl,r.he,prwisions of the lease. IP B,.�ower.acqus,� fea.eiUs E�3,the Prope�ty.the �
<br /> ��'��
<br /> �--- leasehald ares!the fee title shall not merge ur.'�l;en�d�r agrees to the merger ia.r�rdn�,
<br />�`--'�� 7.Rroter1fon oY a,ende�s ldights in tht]Pio�.If Borrower fails to petf"-�'m tha oovenant�and agre�a:nents contained in . ���-�-�
<br />.��.:..::� n ...
<br /> - this Security.Instrume�t, or thcre is a tega!prcr.zedina that may significamly affect Lender's righu in the Froperty (suc{��u.a , � �
<br /> .~��� [•�"=s"-_=_ .
<br />�_,--� proccediitg tn bankruptcy.prohate.for conde�ttrratton or forfeiture or to enforce laws or regutarion5). then Lender may c�.:�R .��.:;;:�•���--
<br /> � pay for whaie�•ep is necessary to protect tfie ��atuK,�nf the Property and Lend�r's rightr.�in�the Property. I,ender's astions Ll3�l r tl -• �r
<br /> 0
<br /> — inci�de paying arry sums secuted by a liere Fa-hir.h•has prioriry over ttis Se�rs,riry, In�ument. ap�earing in court. paying ; `' ����
<br />-,���� reasonabie attomeys'fees and enteting on tiie!Pet�cLy ta make repairs.Altha�i�c.C..endet cnay take acrion under this paragraph ' ''�,'�'���,' �''R"`"°
<br />-: = ?.Lender doc�not have to do so. • � �•;^r�"�' �
<br /> Y paragraph � �hail became addiaonal debt of Eorrower secured by tlus �`�'�� '`°�'
<br /> � Aay•amaunts disbursed b Leadcr. ruder, r.h;:�s. _
<br />___- �Secarity Instntmertt. LTnless Borrower and Les�der;ugree to other terms of payment.these�m;mts shall bNar ihterest from the ��"=
<br />_.- , date of dIstrutsem;a�t at the Note rate and t�lt:b� paya6le. with interest, trpon notice from I.ender to Borrower requesting .' '�
<br /> ==- p�ent, :'
<br /> �s $.Mo ' ..y, :::= ..
<br />•„� rdgage Iasm�noe.If I,.ender requi�rai.nartgage insurance as a candiaon of making the loan secured by this Security . � :=�.
<br />'_�__� Instrument. Borrower shall pay the premiumr.mrgsired to maintain the martgage �insurance in effect. If. far any reason. the �� � •
<br />-�__�,�� mongage insurartce coverage required by Ltndee iapses or ceases u►be in effect,Borrower shal!pay the pmmium,a required to ' , '�`�
<br /> ;:.�,� obtain cover�,r,e substantially equivalent to thr,rn�rt��e insuranoe�SC�viovsly iri 4ffect.at a cost substanrially equivalent to�he ' '� ' �
<br /> :.':,:� cost to Borrowe�of the mortgage insuranw pn:.,ri�u.:ly'in effect: fsom ap alt.�ruate mortgage insurer aDproved by I.ender. If '". - �
<br />'�=,,� substantialty equivalent mortgage insuranco coverct�;e is not available, Borrower shall pay to Lender each month a siun cqual to � � �
<br /> ,,r�� ona•twelfth af the yearly martgase insur3nco Framium being paid hy Garrower when the insue�ance coverage lapsed or ceased to � � . ��
<br /> __ be in effact.Lendea wifl accept.use an�mtnin:r?ut��{rayments as a�Iass reserve in lieu of rrtortgage insnrante. I,oss reserve � .' •
<br /> - = • Form 3028 9/90 •
<br />-_ Page 3 of 8 . .
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