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<br /> � t , — $. I�rd or Fmpxriy In�raace.Botrawer shall kup the impmvcme�s nocu existing or hemafter e�sted.on�he, `�;�� i-�,�. -
<br /> ����. �'P�Y insuieQi against tass 6y fire,h�ards incIuded uithin th�tcrm "exteaded coverage°.and any other ha7arrds.iacluding . `
<br /> -, �,� ha a t ,�.
<br /> ' , � tlaads or flaoding,flr whiclt Lcnder requines insuranee.This iasurance sha1l be naintaened in the amounts and for the peri6ds ,.=�" x � "
<br /> �-s_.
<br /> ';"� �,�.�' that Lender requires.The insurance rarrier providing the insusauce shall be chosen by Borrou�er svbject to I.ender's approya! � � =
<br /> _�=.i�'�'=:. srfhich sh;�i!Rot 6s unreasonablg wiihheld. I€Boriowet fails to maintain cav.erage descr�ed at�ve, Lender may, a!t:ender's . - ' •�� �_�'��s.;
<br /> ;�.:'�,� option.o6taia coverage ta protect Lender's rights iu the Property in accordance with paragrapb 7. � ,� ..^,��::t'`
<br /> t ' ::�•t,c:t['""4';.:'?�:_
<br />.•*�,..,_ All insuranse poticies and rzr$wal�sl�a�l6e acceptable to Leader and shall includs a standard mortgpge ciause. Lensler . .` �=��;'•'•'.:.,
<br /> �`-����° sl�a!!bare tl�d t to t�1d the esaud�rrals.If I.ender Burra�rer s�af! tl �us to lrend�s all ts of _ •..`_-:;..-�__:_
<br /> �r-�-- ri - �? �iCi �etl�. F��F Y ej r� � .
<br /> ;��`�•.� . aid r+emiums aad reaewal notices.tn the event of los Eorrower shall ve ro t noti�ae to the i++a�ranos czirrier and i�nder. �'` ;`�`'`
<br /> .� � , F P � & 0 mP , �,� , �3�_
<br /> t � , T . =l.endes�aY make pmuf of loss if not made�romptly by B�rrtuwer. ' -x-,�.�.�Lr�'-�- -
<br /> � ��x� f:�;; `Unless�.ender,and Bomnwer atherwise agree in artiting,inn�*ance proceEds sl�all be apglied to restaiation or repair of the ' �'�' ` ` �F� _
<br /> �i.r, � ..�hL:fi•.s�?'�.r�
<br /> ��.-�.-��, property damaged,if the restoraiian or repair is econommcaliy feasible and Lender's secariry is not tessened.If the t�estosatian or K-,*:�y�:"�;,z'_
<br /> E�LL � � cepair is�nt economically feasible or I�nder s security wouId be lessen�,the iasuranoe prac.ee�s shall be applied W the swn�. , .
<br /> =T�„�i�"-��.-" secu�cl by ttus Security Instrum�t. whether or not then due, witly any excess paid w Borrower. Jf Borro�rer abandocts the �-_y--�-��.
<br /> — '� ` gro�ercy or ctoes not ans�ver wittrin 30 days a notice from Lxnder that the insurance carrier l�as offeied w seuie a ciaim,then
<br /> � ��__.
<br /> ti.a��i ` . Lendea may collect the insurance prooeecLs. Leader may use the proceeds to repair or restore the Property or to pay sums ---
<br /> � ����� . _ --
<br /> �:�.;,;::v,�: � seEUtad by this 5ewrity�Strument,afiether�r aot then due.The 30-day period will 6egin cvhen the natice is given_ ' -=--_--=---
<br />"="':4';;'r�� •.- Untess E.ender and Borrower otl�eerwiss agree in writing, mry application of pmceeds,to principal shall ¢ai exteud or .�',`="'<1-------- -
<br /> �:�-�'��:.,•. ,,_ _-_- _
<br /> �__,y-_s;�.. postpone the due date of the RconthIy payments referred w ia pamgraphs l and 2 or change ths amaun!of the payments:If __
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<br />-` `:-�°�'--'�-_=-. ua�er 2! tite ' b Lender.E9rrorrer's ri t io an inRrsaace icies a�d resattir+g fmm
<br /> ----,- F� �F�►Y��..Y. � Y P�. . � �� --_- _
<br /> '�`�. damage to the Pro�erty prior ro the acquisit'son shall pass to Ler►der to the extent of the su�s searred by t6is Security Instrume�nt
<br /> ='3��=�'.z;'::a�,+y ` �mme�iatP�x�OitO t116�C(jlllSittOA. — -_ ---__ __
<br /> FR�_�' . . � �.
<br /> � .� 6.Occupancy,Pres�vafion,Mainteaance and Proi�tioa of the Property;Bor��s�.osn ApplIcaUion;Leasettotds. � -
<br /> Borrower s5all occu establish.and use the as B�orroRer's nn al residence witi�in si. s after ti�e esecution of �"'�''""'��`"'w�"
<br />:���:i,:�, PY• �P�Y P � �P 'nY� _,�,�-
<br /> - this Seatrity Instrument and shall conqpue w occupy the i'roperty as Borrower's prin..�igal residence fi�at Ieast one year after � .� ,,�-
<br /> '� `: ��`r • the date of occupaacy,anle�s l.ender otherwise a�in.wridng,wEuch consent shall nnt be un�easau�ly withhetd,or unless � ' ``_
<br /> . , ��•
<br /> = =�- _`_--eiuerm.�esing_c.ircumstaacec exist arhitch_are 6eyond P.�srr�wer'c contml..�tnrmrovex r.halt nnt sle+�roy, damage ses=im�+�� .- — - —-
<br /> • Prop�ty, allow the Property to�.riorate.or comrait waste on the Property. Horrowes shall be in default if any forfeiture
<br /> � �F�.�i�' �. action or praceeding.whether ci�.il.or,rriminal,is begun shat in Lender's good faith judgment coutd•result in forfeiture oP tbe � `�
<br /> r -� �" Property or otherarise materiallp"�air the tien created by this Security instmment or Lender's securiry interest. Barrower may �
<br /> , ���� cure sach a default and reinstate:as provided in paragraph 18,by causing tRe action ar proceeding to be dismissed�vith a raling , �
<br /> � : '. • `;; , tha1. in I.ender's good faith determination. preclades forfeiture of the Borrower's inten:-� in the Property or other material
<br />- "`�`z'�'` '`� : � impaiimQnt of We lien created by ti:is Security Instrument or Lender's security interesz. 3orrower shall atso 6e in default if '
<br />_":='��•�'� f�, :. � Borrower,during the ioan application process,gave materially false or inaccurate information or statements to Lender(or failed
<br />-;;�1`��`""'s to rovide Lender with an material information)ia coru►eetion with the toan evidenced b the Diote.incladin but nat limited • i�
<br />��,,;f:;„,�:.� • P Y Y 8. -
<br /> ' w,representations cancecping BorrowePs occupancy of the Property as a principal residence.If this Sesurity Inswment i�oa a
<br /> - "u•r'��� teasehold. Borrower sLall com�ly with all tLe pmvisions of the lease. If Borrower acquires fee ade to the Property, the �
<br />�. . .. ,� `
<br /> L:;=,�'��'�. leasetfotd and the fee tiUe shall Qoi merge unless Lender agrees to the merger in writing. • • ;�;,____
<br /> '°'^•`�-� 7.Fcoiectton of Leades's Rtghts in the Pro�etty.[f Soaower fails to perform the wvenants and agre�mentc contained in Sx '�--�f- �
<br /> r r� this Security Inswment. or there is a legal pracee�ing that may signifcantly affect i.ender's rights in the Property (such as a ��%_
<br />-==�,;;�_-�°";;r�•,4� � proceeding in banlwptcy.probate, for cnndemnation ot forfeiture or to enforce taws or regufations).t�en Lender may do and � . r-?,'�.'�;`�`---�_.
<br /> -�- �'��'�„ _ pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. Lender's actions may , , �,�;i�� .
<br />�- ���'�` � inciude paying any sums secured t,r,� a lien wfuch has prioriry over this Security Instrument, appea�ins in oaurt, paying `���_'�':
<br /> 3 � � � 4.�` � 1('#.T'�_"
<br /> � .. . reason:�ie attomeys'fees and er.,�ir�on the Praperty Yo make repairs.Althaugh Lender may take acdon under this pamgraph '_����'�, �� ..
<br /> ; ' 7;[.encler does not have to do so: � ' ��,�5
<br /> �_' ' � � ; Any amounts disburseA by Lender under this paragraph 7 shall become additional debt of Borrower secured by this . ,•r�.
<br /> -:���:`'�`'"' 5ecurity Instrument. Unless Borrower and Lenc'.agree to other tem�s of pay!nent,ihese amounts sha!!bear interest fram the � �' � �, �
<br /> � ���� � '"' � � date o€disbursement at the Note rate and shall be payaC�e, wi�,h interest, upon noYice from l.eqder to Barrower requesting � ' '� '�"'�
<br /> ;;,.��,� .,�. .
<br /> •:::at�,.:+. ::Y�. � paymem. � '
<br />�z�°_''�"��:-.� � .. • S.�Mort e . -
<br /> �_,,_�,;�';:`.:;�:•: � gag Insurance.If Lender required mortgage ir•.s�rance as a cQndition of matcins the[oan secured by this Security ' ` __
<br /> .:..�� . :. Insuument. Borrower shall pay the prcmiums required to maintain tli� irco�tt;age insurance in effect. If; for any reason. the �'. _•
<br />''�•=...:..R�:.�. . mortgage insurance coverage required by I.ender lapses or ceases to be in e�lect, Barrower shall pay the premiums mquired to �
<br /> ,;,�,,1;_�.��, : , .. .
<br /> �_,�-.��;. . . o6tain covetage substantially equivatem to t6e mortgage insutance previously in effect,s2�cost substantiall}r equivalent to the • ` ..
<br /> , • ;.•,,, ..
<br /> _'='=;,=�;.' : cost to Borrower of the mortgagt insurance previously in effect. from an aliemate martgage insurer approvcd by Lender. If �',�",
<br />-_--��°•-�''"'=�:' - ' substantially equivalent mort�age insurance covera e is not available. Borrower shall ' .
<br /> fi.. g p3y to I.ender each month a sum equal to
<br /> �^"'f�-?' �,. one-twelfth of the y�'y martgage uisuraace prem.�nm being paid by Bono�er when the insurance coverage lapsed or ceased to � �
<br />_���: fi. S .. i
<br />-;�.�„�,`1.�;: be in effect.�bender c�i1.1i"ccept,ase a.c:d retain these payments as a loss resecse in liau of mortgage insurance. Loss reserve . �� �. �
<br /> '�i:;'T'�`3:y ' • Form 3�28 9190 `. .
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