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<br /> t4;�t d�:uilcr r�aSuir��. '�tic iu�ut�tir,c carifce prr►vidlu,;tl�s� in;e.ir�ft�:�r,s�_dl L•r3 chus��� by �imtl+�vcs• :.ui�}c ct su I�:r,�i,,:'s a��}����<<<f � '�'_-:``
<br /> �;lii��{i �,1►�U �int h� m���:a°n�r.;isly t:idi4�ld: �f Ilt�n�ni�r.:r 4'ailv to sc�^;utt�in c:ovc►c�;;2 �!t'.c�iie;ll L'iEt34Y;, ���t�F�_r s,e�y, a�t �%:�rlr�;':s •••,-.�.._
<br /> optian.obtdin cnvcr,�gc to�,rot�ct L.�ixfc�'s rigi�t�in thc Praper�y in as:ct�rduncc�vith Nur��;r+�pl�%.
<br />. Afl i►uur:�icc �oilcics c,n�i����;t2ewnis ::hall bc:�cc::�uc.Bl�. m Ls:��ds:r i!usl �!�_�if i�i.•lu�t;;u :.tun��:rJ �;in�t,,,;•.:;cic����. L.s��ctl�r " -- .-
<br /> shal!I�ave tlie ri�hS to iiold tiie�SOli::ics mxi rencwals. Yf Lc�xic:r rrquires,I3orrowcr sl�nll prai3�ntly givc t�a i.sn�[cr nld recelpts nt
<br /> paId prcnilums mxi rcncwul noiices. Ili 1I10 CV£lt[qf I03!i,�OffC1N'CT SII:1�I�jIVC�1iGi11(JC IlflS�CC[U N10 IIlSUCitll.�c c�rrlcr.+ix� O.��xtcr.
<br /> L.cndcr may make�tcxif of los�if not moae promptly by Eiarro�ver.
<br /> fJul�ss i.e:rxier aixi Iiarrowcr otherwisc�grce in tivriting, ins�.�r�tae procceds shail b�applied to rcstur+uu,.ur rr��air uf'Wa
<br /> Propcny dan�gal, Ii'die restoration ar rep:iir is er.onomic;�lly fGZSible c�nd Lender's securety is r.at lessened. If tlie restc�ratioxi ur
<br /> repair is not econornicaily feasibte or L.ender's se�:urity�vould be lcssened. tl�e insurunce proceeds sliall bc npplied ro tiic sume --
<br /> secured by this Securiry Instrument, wi�etner or not tnen duc, eviin any excess paid cc�norrovr�r. i�nos�uti.�a.,a�n��J» ii:� —
<br /> Property. or da;s not answcr witliin 30 days ca notice from Lender tltat d�e insurancc carricr has aflcr��to scttic a�:Inirjp, ihcn
<br /> l..ender may calle�i t@e insarann, proceccis. i.�nder may use ihe pr�ceeds to repair or restore the Prapeny or ro pay sums
<br /> securecl ty tfiis Securiry Znstcument,whetlier or not then duc. �l'he 30•d1y period�vil!begin when thc nctic� es given.
<br /> Unless C;cnder and Bearrower otherwise agrce in �vritin�, any applicat[on of praccads to princip�l shall nut extend or
<br /> postponc Uie due date oi the nionthly payments refcrrcd to inparagraphs 1 and 2 or chang�the amaunt of the payments. If
<br /> undrr parar,re�1�2! dle�io�City!S a�quired by L?nder,9orrowe�'s ri�'nt tn�ny insuvance�olicies and prncccds r�sultinr from
<br /> d�mage to tl�e Pro}xrty prior ta the acquisition shall pass to[.ender to the extent of tf►e sums secured by tl�is Security Instrumen't
<br /> immerliately priorto the ucquisitian. __-
<br /> 6.Occu}�ancy.�resc•rvation,I�daEn2enance and i'rotettion�f th..Property;Borro�YCr's I�nn Application; I.e�seP�olds. —
<br /> Borrov�er shtill accupy,establish,and use the Property ns Borcower's�n�incipal residence within sixty days after the execi►tion of
<br /> this Se�urity[nstrument and shall contintte to oceupy the Property as !8orrower's principal residence for nt Icast one ycar afler
<br /> the date of occup�r�cy,un!ess Lender otherwlse ngr�es in writin�, wbich oonsent sh�ll not be unreasonably�vithheld,or unless
<br /> �eztenuuting circumstances eaist whicfi are beyond Borro�ver's control. i3ormwer shali not destroy. (I�15Y11�jC OF impvr d�e —
<br /> Praperky, allow the Property to deteriorate, or wmmi� wuste on thc Pmperty. Borno�ver shall be in default if nny forfciture --
<br /> ant��n nr nrarPFAlI1P, 14F1C[ACi C�V1I OY CflI11It41I.is beeun that �n T Q,�P!�,°.^a^� �+1Qu juugnictii�.Guiu iwuii iu ,vN�i�u.v:�u.�.. --�
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<br /> Property or ot4�erwise materially i�npair the licn crcated by this Security Instrument ur L.ender's security interest Borrosver may
<br />' r�ifn c��r�a clrfa��]t anrl min�fatr;nc�mvided in n:fi��ranh IR: hy causing the acuan or proceedine to be dismissed with a ruling
<br /> that. in Lender's gc►od it�ith dctemiination, precludes forfeiture af the Bormwer's intcrest in the Propert}�or other material
<br /> impairment of the lien created 6ry this Security Instrument or Lender's security interest. Borrower shall also be in default if
<br />; Borrower,Auring the loan applicntion process,gave materially fa4�eor inacauate information or statetttents tu Lcn3er(or iailed
<br /> to provide L:cuder with any muterial ii�forniatio»)in connectdon w�ith the toan evidenced by the Note,includin�;,but not limited
<br /> to, represent�tions eonceming Borrowe:'s accupancy af the Property a,a princi�al residencc. If this Security InstrumenY is on a
<br /> teasehold, Borrower shaU comply �vith all the provisions of the lease. If BoFno�rer acquires fee title to the Property. the �'
<br /> leasehold and tiie foc tidc shall not merge unless Lender agrces to the mergcr in�vriting. _
<br /> 7.FrolectQon of I.endcr's Rfghfs in the Property.If Bonower fails to perform the covenants and ag�reements contained in —___
<br /> this Security I�utcument,ar there is a legal �roceeding that may significantly affect Lcnder's rights in the Property(such as a ---
<br /> prucarding in bankruptcy,probate. for condcmnation or fodeiture or to enforce laws ur rcgulations), then Lendcr n�ay do an� —"�`�
<br /> a for wliatever is necess to rotect thc valuc of the Pro rt 1nd Lender's ri hts in the Pro ert L.cnder'c actions ma �`�"`�
<br /> P Y �Y P Pe Y 8 P Y• Y --
<br /> include paying nny sums sccured by a lien which has priority over this Seaudty Instrument. app�earing in court. paying "°�
<br /> rcasonablc attornc s' fces and enterin on the Pro ert ro n�ake re airs.Althau h Lender ma talce action under this ara r� h �—'
<br /> Y S P Y P S Y P 8 �P ��:,.
<br /> 7,Lender{iocy not have to do so. . �,,.
<br /> Any amounts disbursed by I..snder undcr this paragraph 7 shall become additional debt of Bonower secured by tl�is -_-
<br /> • Secueiry Instrument. Unless Botto�ver and Lender agrce to other terms of pnyrnent. these amuuiits shall bear interest from the �
<br /> dnte of disbur:sement at the i�Iote rpte and shall be payablc, with inierest, apon noticc from Lender to Borro�ver requesting �'��
<br /> payment. ��`�T
<br /> ur._:
<br /> 8.Mori�mge Insurnnce. if L.ender required mortgage insurance as n condition of making the loan securcd by this Security �_
<br /> �:-_
<br /> Instrumcnt, Bonower sTnall pay the premiums required to maintain the mortgage insuranee in effect. If. for any mason. the
<br /> mortgnge insurartce covcrn�e requirecl by Lender lapses or ceases to be in effece.Borrower shall pay the premiums required tu � ,
<br /> obtain coverase s�bstantia1ly equivalent to the mnrtgage insurance previously in effect, at n cost substantially equivalent to the `��
<br /> cost to Borrower of'die mortgage lnsuranre prGViously in effcct.from nn alternate mortgage insurcr approved by Lender. If �
<br /> substancially eyuivalent mongage insurance wvera�e is not avaiQa�le, Borrower shall pay to LendPr each month a sum etJiiat to
<br /> nne-hvelfth flf the yearly mortgage insurnnce premium being paid Dy Borrower when the insurance covera�e Inpsed or ccased to
<br /> be in effect.Lender will ncc�pt.use and retain these payments os •r loss r�serve in lieu of mort�age insur�nce, Loss rese*ve
<br /> ;,
<br /> Form 30�8 9I90
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