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The inaue�nca caerier prov�s�ing ti�e�y�susance sn;ui ue ciia::�n oy nunvwc, �uu,jL�:i iv��[u�i`n ����_' <br /> -....�:,�,�n':� ° n�provnl whicli sf�all not l�c unreasoita6ly vlit�zl►ctd. If BunA��er fnila t�m�i�tain covcmr;e descril�cd aUc+vc,B�nd�t�i�ay.i:t ��3 <br /> I,ender�option,obtnin covernge to p�'oCect Lender�rishts in tli�Peapecty in accord,uice with��.n�':�';%��"�• �''"` �": <br /> - "`�""�'"T� All lnsur�nce�oRcies nnd eei�ew��is eh�all be acce�tuble tc�Lender and sh�,lf include�standard ntortgAg.:elau�c:. Lend�: <br /> ' . shw!!h�e�tl�e�s;h'•to hnid s7ir;M�Sicic:.;a��d i�n�*-^al�. If�er.�t�r r�uires,l3onowcr shnll�ro�uptly�ivc ta Lcnd..r alD e�ccigts „�.�-._.--. <br /> e .__ <br /> of paid premiu�ns and renetival nodces. In the event oF la�ss,�orrow��niia+i gie�ps'rmF!rntice tn thr.insier�n�e�:_.!•_� u•J= <br /> � l,ender. l.ender may rnake p�roof of lass if not ennde promptly by I3arrower. <br /> U�Iess Lendcr and Borrower othenvise ngree in writmg,insurance proceeds sP�all be applied to rstoration ar repair of <br /> -�— tii;, Praperry clnntaged, if the restoration ar��pair is eco�omieally fensible und Lender's sec:urity is not lessene�l. 1�f the <br /> ------=-_ restowation or repair is not econamic�lly feasible or Lender's security would be lcssened,the insur:ince psmceeda shntl he., <br /> �---_� npplied to tlte sums secared by this Security Instniment,whether or not then due, with any excess paid to 8onower. If <br /> -�-,�,� Horrowcr Abandons che �'rogxrty,or does not cutswcr withire 3�d.nys p notice from Lender that dtc insurancejf��sm c <br /> —�=:�:s offered to settle n claim,tt�en Lender may collect the insurar+ca proceeds. Lend�r msty use die psaceeds to reP. <br /> �_`=.� Qe�Property or to p�y sums secum+f by this Sscurity Instrumer�t,whether or not d�en due. 77te 30•day L�n°d Eyi��be8in when <br /> - �'._;,,,;� the notice is�ivcn. . <br /> °-�"�"'�•'°3 Unless Lender and i3orrower�ther+vise a�ree in�vritin;,�r.y RpPlicnrion af pra.ee�!s to principal shall nat exttixt or <br /> = pos:�ne tho due data af the mondily payrnenes�fe�t�d to in para�ra�hs 1 :►nd 2 or crangs the nrnor;t of the payments. If � ` _ <br /> -=�� under paragraph 2l the Propetty is acquirecl by Lender.Bo�-rawer's right to any inswance�oli!.ies und procecds resultin� <br /> _ -�;� f�m damage to the Pronercy prior to ih�acquisition shall pass to Lender ta the extent of the sums ser.ured by thia Securiry. — <br /> --_--_F� Ins�umer+t iinmediately priar ta the acquisition Borrower's Loan ApplEcation; <br /> =— 6. t?ccupancy, Preserva4ion, Mainte�ance rnd Frutection oY the Propert�; � _ <br />.�°,�"'_'"�`;:� ' Leaseholdo. Borrower shatl occupy.establisli,nnd use the P;operty A�Horrawerls princi}nnl residenoe withnn s�xty ciaYS a��r <br /> the executlnn of this Sr.curity Inspu�nent and shall continue to oceupy the I'rogerty as Borro�wer's principal residencz fur ut <br /> �k�y_�:°" Ic�.ace one vear after the date of occupancy, unle.ss Lend�r otherwise u��s iz wrldng, v�hichs`�D�������ll.no c a <br />_---,�,•�.�,,;�� u;u�e,snnaiil y witl�held,or unlcss extcnuating circumstances exist which are i�eya;�u vv,�w�C���• �orrow�r shall <br /> __ _��� desvoy,damoge or impair the Property,n l low t hc Prope r t y t o d e u:ri o r a t e,o r c o m m i t�v�s t e o n t he Fro p e rt y <br />-=y - be in default if any forfeitw�e ctetion or prceeed'uig,whether civil or criminal,is begun that in Lender's good faith judvment _ <br />'::`��"`„�� could result in fo*feitu� of the Property or ad�t:nvise mnt�rially impair the lien cm,sted by thisla bu Gry 5�����ion <br /> _ -«-_,,,i L.ender's security inte[est. lgorrower may cutie such a defanit and reinstate.as provided in paragrap Y i� <br />-.K.�+�as^� ar proceeuL-�g to tk:dismissed with a mling that,in Lender's good f�ith detecmination,pt+ecludes forfeiture uf the Don'ower's <br />�- -_ - interest in the Property or mther materiul impaimient of die Ilen created by chls Secarity Insdument or I.ender's securic,r — <br /> -��C6.�''-.� �. •- a+i'o��lt if Rnrmwer. durine thc loan 0ilnli�Atinn nrMVac anve mn:eri,�iliv f�!se �r <br /> -r_Y:�_�'� tRTe[tSi AV1l8Tna`t oiSStI «ta: .... iss c:_'__" ' ' , <br />,,,.�,;,,,,�,,,;� inaccurxte informadon urstatements to Lender(or failed ro provide Lender with any muterial iniormarionj iu cv,��...�s�s�►,h <br /> _�R���� the loan evidenced by the Note,including, but not li�nited to. representadons concemins Aorrower's occupuncy of the <br /> ti=���� Property us a principal residence. If this Security Insuument is on a leasehold,Bon+ower shall compiy with all the provisions _ <br /> - of th�lcase. If Bonmwer ncquires fee titLe ro tbE�aperty,the Ieusehold and the fee cide sdad not metge unless Lender agrees <br /> ��� to t�e merger in writing. <br />-"-"�'',�„�"'!'."—�� 9. ProtQCtion of Lender's Rights in ihe I'roperty. If Borro�ver faits to perform the covenants and ugm,wnents � <br /> ----�-°"� contained in this Security Instrument, or thete is a lega! �roceeding that may sigmficuntly affect Lenderts ri�hts .�n th� �r <br />_---°--��,,,7 pro��y(such as u proceedin�in b�nktuptcy,probute,far condemnation or forfeiture ur ta enforce laws or regulaUons),then ¢W <br /> -�����n��:• Len�er may do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the PropeAY• <br /> ."=�'�-� Lend�r's actiuns may include payin&any sums secured by a lien which hns priority over this Security instntment,appearing r-� ;r <br /> �-��=y� in court,paying reasonable uttomeys'fees and ent�rin�on the Property to make repairs.Alihough Lender may take actiun c=�� <br /> � - v under this paragraph 7.Lender dces not have to do so. � y �:: <br /> �Y.A'�, Any amounts disbursed by Lender under this paragraph 7 shalf becume ac�t�tronal debt of Borrower secured b this <br /> _�.."��wtt.�.� <br /> "• Security Instiument. Unless Horrowcr an d L.en der a�ree to o t h e r t e r m s of pa yment.these amounts s6a11 bear interest om e �::-�__� <br />'y-�"S°°d1�'� aate af disbwsement at the Note rate and shnil be payabte,with interest,upon narice from Lender to Boaowcr requesting C�`'�. <br /> --—=a^'� � paymcnt. ' <br />- -�.� 8. Ndortgage Insurance. If Lender�res�uired mortgage insurance as a condidon of making the lottn secured by this - <br />-;,��,; Securiry Instrument,Borrowes sh�ll pay the premiwns tequired to maintain che mortgage insurance in effect. If,for�+ny <br /> reason, the mortgage insurenae coverage reyui�ed by I.ender lapses or ceases tu be in effect, BoTrower shall pay the <br /> _�=��"'�'�� premiums�quiired to obtain coverege substantially eyuivaient to the mortgage insurance previously in effect. ut a cost <br /> -_ -�'� substandally equiv�lent to the cest to Borrower of the mortgage insurunce previously in effect,from an altemate mortgage <br /> "�=��.� insurer approved by Lender. If substanriully equivalenY mortgage insurancc coverage is not availuble,Borro�ver shall pay tu _ <br /> y.;�t�,�-r�.. L,ender each month a sum eyual to one-twelfth of the ycarly mo�tgn�;e insuranze premium being paid by Bocrower wlien tite <br />.��---- insurance covers�e lupseci or ceused to be in effect. Lender will accePt,use and retatn these payments as a loss reserve in lieu <br />_=r��r " uf mortfiage insumnce. Loss mserve paymenu may no longer bc required,at th.°,option of Lender, if mortgugc insurance : <br /> -'°��v'`����: covern e(in the nmount and for the period tbat Lender requires)provided by az►insurer approved by l.ender again hecomes <br /> ._.�:,�:a��: g <br />"--=•".:;�' available nnd is obtained.I9onmwer shall pay ihe premiums requcmd to maintain mortgage insurance in effect,or to provi e a ,,, <br /> •�=:=; <br /> ° ``�� �� toss reserve.until the nequirement for mott��,,e insurance ends nn accordnnce with any written agreement betwecn Bo:ro�ver <br /> ='_'�==- �. <br />.,;;.;s�,��t �: andLenderornpplicublelaw. Lendershall � <br /> �`^ 9. Mspection. i.ender or its a�cnt may make IIeasonable entries upon und inspections of the Properry. <br /> .., ......, <br /> _ �'�°�"'`"�" give 8orrower notice at the t6rne of or prior to�u►inspe.stion specifying reasonable cause for the inspection. „ <br /> :`:,;i�•�:. !m. Cdudeix�ntion. The proeeeds of nny uward or elaim for da►na�es,direcc or consec{uential,in connection with any <br />-T Y,�''�'��;� Single fiimily—6annle Mae/F1'cddk hlec UNIFOIItM1f IIIVSTRUMENT--Unifartn Covcnanu 9/90 fpa8t 3 njb pagesl <br />'���°f;':`_� Creatlote,¢us]xse F�.Ina■ <br /> .. ... Sy O�dQ Ca,l:I.gppg;pfl,798 O FAIt 016791d 191 <br /> - --=� <br /> ;:��- <br /> �1,� _ .—,.�. <br />. . d- .s ' .� r/ .. � ' .. .� ' " . .• ' 1� .. F . . <br />�- ... " .. ' �. . ' ., � _ _r� .. <br /> . . - - ' . ..� ' ., -- n . ., ^ ' <br /> _ .. .�: - . .. <br /> .. . .. . . . �� „ . <br /> . t ,. <br /> .� .. , <br /> • . . .. . � .. . . - . . <br /> .. ... . � . . . � <br /> � .s. . , _ .- � ,ai. c t . . . <br /> _. / ��� IS . _ _�. . � . . . . . _ � ' ' _ _- -. <br /> ., ' . _ _ — � — _'_—. _'-..'. . '_'__._ .. �, <br />.. 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