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<br /> 5.Nmx�rd w t"rupertY Ieaeuraece. Borrowa shiU IcAeP the imprevert�nts now exi�g or t�e�2�x r�ce�tod aa dro PrcspartY
<br /> ---- i.naued�g�►3t loa hY ���� included wit�in ttws tam "cackndad caver�gd' �nd nny other h�wrd�,includ� linads dx
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<br /> -----_---_==°_ . floExiing,fa whtch I�req�dres in.curance.'fhts inturencx ahaq be m�nW�in the�uneunta�nd tcx tl�e�alod�tta�t L�auier
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<br /> ceyul�d.'x't+e inturwtce cardet lxoviding tha ltisutsc�niudi i�a c�w�,���y IIc:::S::�w s�s'�;•ri to 1 r*��•n P+f!�mvxt whl�h nat __---
<br /> ba unreas�an�bly withtie3d. I[ 8arower faiLs to m�inain cover�a Qe�cri�bed �bove. 1-onder m�Y. at Le�f�or'e optL�a. otx�n
<br /> --•-==�b� �V�e to prococt 1Lender'e righa�in the PcopertY ic�acco�d��with pir�+�7. o clw�.Lender�balA
<br /> Afl ins�¢ana Wlicdcs ond ra�cwale shall bo accqx�bia to Laaxk�r and sluitl includc a stAnd�rd mo�g�, �1�s of 1�id
<br />`'��►'�'�" —� hAVC tho�ight so hold tho policies end reaewt�lls. If Lenda ro4u�res.Borrower ehaU PromPaY B� �
<br />�����:�r�i� preml.uma and renewal notiocs.[R ttr,ove�nt of losa.Borrowex ab�ll 8ive PromP��o to U�e lnswranco carrier and I.aidcr.t-eada'
<br /> _:�:�1��'��,i mny mnk�proof of toss i£�cr.�cie pa+tien�ttY bY�3cxsovmr, -
<br />•-��°�:iM;m.... ° � s sh�t�l be s�+li:d to rata�tuion nrn�r of tt�e
<br /> �i Unl�s.9 Lxida and Bcasovrer�tfir.nvise agree in,wdfrr4.irs�uct�nce procood
<br /> "�:�`��'`"�"`��<, pro{►r�ty dvnt�;cd,if the re�uxatian.�ae'rc�ir is cctmr.K�'v:�!!y fca�ib7e ancl X�erukr'a sc�am�ty ls not iessa�ai,it tha xcsuxniioe ar
<br />'F:y`�4•'r��'���Y�ll f�v is not c�conomfeally f�asible ac.i.�e�►�;r.r's socwity would be I.ei,�a►al,tho 9n.stutirace prae�i.9 shall 6e a�ppli�ecf ts�the sums —
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<br /> - Y� i„�� t6�is Securicy Instrumcnt, wl�edur or not then d�u.witti eny exe:css pc� to Borrowu. If Borrowcr�baad�y the
<br /> '�1.`�.�..;';, securcdby .
<br />-��'�'���tt� pconerty. a does niot answcr within 30 days a nodce from Lendrs thst the ins�uffince carrkx Uas offaed w seafe a cl�rti.d�en
<br /> `'�'",:�Ma` t I.,ca�d;,r n:ay c�Lk�!the ins�rance pmcceds.l.ender may uae the proceods t,o rep�ir a restore the PmgatY a'to P9►�aunu sxveed . - -
<br />_ -`.•�:�r'?;ti`•'�_�' :' will bcgin when tise notkx Ls�ivu�a.
<br /> �+�•�.,�'� ,,;. E. � by th�s Security Instrument,whether er noi�hen due.Tho 30-day ptz'sod � s}�11 not ca�tend or Fastpone
<br /> -°a=�•�'c•:`.:'�:'.: Unlcss Lender aud Boaower otherwise agree In wridn8.eu►Y BPP�of proceeds PtinciPal _
<br /> . y.. � the d�e ueta of 6�e uioaifliY I�Ytn�nt�tefesre�w In pase.,°r���!s 1 and 2 or chanBe thc eniou-nt of the Caymea►t�.If iu�drr poragnq�h
<br />- c, �.��' .�'' 21 the pioperty is acquired By Lender.Borrowet's right w any insurance polkies end proceeds rtsuldng t�om dun��io 4,y
<br /> � ,.'�. Pco3�nY Pdor w the acquisition shall pass ta Lendcr to the extent of the sums secured by this 9tcurity Instsument immedlatrdy.
<br />` ;,,` . ' "`r pr.or to ttie�c�qn s�do����u.Ms�intenance and lkotectian of the Prnperty; 13orrower's Loan Applic�t{oa;�,e�sehof�e.
<br /> �.O�e!'a�__cy: � o s�,. �� .
<br /> .` •:� ' Borrower shaU occupY.establich,and use the Prope►tY as Borrower's princi�a9 msidr,�►ce:Wtt�n s�ty d,.y..��s--:�xm�tbn of ---
<br /> ,. ''�� this Securiry Instrument and shall wndnue to occupy the Prope:ty as Aoaower's principal etsidence for ei k,a�t one year a�xr the _
<br /> daye of occupancy, unless Lender otherwise agees in writir►g, which conseat �hall not 6c unreasonably withheld.or unless
<br /> . .. ����o�.Mnmc►artc�s caist which are beyond Borrower's control.Bonow�r st�aU not destroy,damaBe or impair the PraP+�Y.
<br /> .. . . allow thc Property to deteriorat�.or commit waste on the Property. Borrower shali be in ueiaul. if�� forf�w.-�:..tio� �.� •
<br /> ' ; proceeding,whether civil or criminal,is bc8ui►tt►at in Lcader's good faith judgment could result in forfeitura of the 1Propaty or
<br /> � o�heraise mate�ially im�pair the lien created by this Scxuricy Instnunent or I.ender's sociuity inteies�Borrovuer maY cure such a
<br /> • . default and reinstate,as prnvided in paraBraPh 18.bY�u�g�e ac�on or pracceding w be dismissed v�+�t�a�B �� �
<br /> Lendcr's good Faith determination,precludes forEeit►we of the Borrower's intecest�n the Property or other mmterial Mpairment of
<br /> ' the lien crated by Ihis Securiry Insmiment or L.ender's security int,eresG Bomower shall also be in defautt if Borcowe�r.during du —_
<br /> ''�^,' ' loan application P�ncess.gava materially faLse or inaccurnte info�on or statements to Leader(or failed to provida Lendec with
<br /> °'" ° nny matr.rial information) in connecdon wi�th the loan evidenced by the Note. including, but not limiteel to. repmsentations ��`
<br /> concemu�g Sorrower's occupancy of the Property es a principal msidence.If this SecuritY Insm�ment ls on a leasehold,Horrower �,�_:
<br /> ` shal!comply with all the provisions of the lease.If Borrowee acquires fee dde to the Property,the lea�chold and the fee dde shail ��„
<br /> not merge unless L.ender aBrces to the merger in writin8• �-````
<br /> 7.Protectbn of Lender's Rights in the Property. xf Boaower faiLs co perfom►the covenants and agrccmenis contained in
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<br /> " this Securiey► Instrument,or therc+is a legal proceedin8 that msy significandy effect Lender's rights in the Propetty Ie�ch as a �-�.
<br /> proceeding in bankruptcy,probate,for condemnution or forfeit�ue or to enforce�aws or regnlaaons).then Lender may do and pay �„''�.;:,
<br /> .��,._
<br /> �� for whaiever la necesssiry to pmtcct the value of the PcopercY er►d I.ender's righis in the Propercy.Lender's�crians may include °"
<br /> - in court, PaYinB reasonable �`�-.�-
<br /> ' . paying any sums secured by a Gen which has pdority over this Sec�uiry Instnimeat,aPpcarin8
<br /> . attomeys'fees and cnLering on the Property to ma1c�rePairs•A��wUBh I.ender may takc acdon under this paragraph 7,Lendcr
<br /> '� � does not havc w do so.
<br /> ' Any amounts disbur�cd by Lender under this paragraph 7 shall become additionPl debt of Borrower secured by this Security
<br /> Instiumcnt Unless Borrower and L.ender agcce co ot�er terms of payment, these amounts shall bear incczesc from thc date of
<br /> disbucsement et the Note rate and shali be payable,with interest,upon noticc fram Lender w Aorrower requesring paymen�
<br /> S.1Nort�age Iusurance. If Lender required mortgt�c insurnncc as a condition of making the loan sc.cured by this Securiry ,
<br /> • Instnunent, Horrower shall pay the premiums requised to m�intain the mortgage insurnnce in effec� If.for rny reason, die
<br /> mortgage insurance coverage required by Lender lapses or ceases to be in effect,IIorrowcr shsill pay the premiums mquired to
<br />- obtain coverage substfu�6ally equivalent w the mongage insurance previously in effect,at a cost substantially equivulent to the
<br /> ' ' cost to Borrowes of the mortgage insurancc proviously in effect, frotn an altemate mortgage insurer approved by Lender. If
<br /> substarsti�Uy cquivulent mortgage insurance covcrage is not available,Borrowcr shall pay to I..cndcr cach manth a sum equa!to
<br /> one-twelflh of the yeurly mortgs�e insurance Premium being paid by Borrower when the irasurance covemge lapsed or ceased to C
<br /> ' be in effoct�Lender will accept, use and retain these payments as a toss reserve in lieu of mortgage insuranca. Loss reserve
<br /> Form SOZB 9/90 �
<br /> Pepe 3 016 InlUdt: .
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