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<br /> -- 'S.H�nrd or Propert�I�[unwoe. Bomnwcs stiaU IcaP Qeo imDrovaneats aow e�dsdag ol��� at the Propeety
<br /> _ :-- _ —_-�
<br /> . insuc�ed egelnst loe�by tlro.ha�rda 9nciuded wIWin tho tam"axtended covaa,�a"and any otba t�mrd�.lncloa"iinn8 at .
<br /> ftoodinS�for wtti�h I.endac raqesire�Insunnce.Zttia�at�il bo m�latainoc!!n the ur�hts mtl fa 1he peiiodt ttut I�an3a
<br /> __�..i� raquiscs.lta insurance cx�r�el providtng tho tnamraace sbaU be cb�ea by S�rawtr subjoct 6o La�der'e approv�l which eh�U not
<br /> bo unra�nably wi�hha{d. Ii Bo�owa fills to m�inWn cova�,ge daatbod abova.Leader rray� at I��a optbon, obdia
<br /> - _;�=i ooverage w pmtoct I.ta�a's rlghts in tba Propaty in acoord�nce wttlt pst�q�d T.
<br /> _ --—_— = Alt ims�nca pollctea and irnewtl�ci�aU be aoxptthb tp L�uda and st�aU inclttde a sWidud matB�Be clattse.Leada ebaU
<br /> - --- '- hava the rlght�o hold tt►e policks ead raawals.If I.tndex requi�,Bouawa atnU P�D11l�Bive to I.aeder atl�eoeip�s of paid -----
<br /> ------s'�l P��and nmewal aodces.Ia ehe eveat of loss,Harowa adaU give prompt nouca to Wo insurenca�aad I�aida.Lenda
<br /> _.-=-y"��'� may make proof of loss if aot m�de pramptlY by Barawer. sh�ll be lied oo nsoorauion ot repf�tr of tho
<br /> _-.�-�==_�� Unless Lendrr and�orrowa otAawLse e�ee Ia wtitIag.tns�ce Procade e�P
<br />_,�;�.----_- �P�Y�Sed if the tesOOtadnn or t+e�str ia eoonomfcally feas�'bb at�L,enda's secur�ty ia not iG�sen�d.If'the r�ratian a
<br /> --;.�.;��: re,patc is not aconemically fea4ible or Lender's axar,tty would be ks�ai.the insutanoa prooeeds suall be�ppliod w tha a�uda
<br /> �..°��.�� Insuwnent,e�teethzr or not then dne,with any excess 1mW to Bomnwei tP BoAO�xa abandona the
<br /> :��, ,.,�` sasui�ed by tbis Seauity �
<br />-_=:=�'�:>:t, Property.or does not aaswer atthin 30 days a nodce from LeAdei dtat the insuranco carrk�haq offdod to seub a clsim.t�aa
<br />��:^:•6''�'°•: Leader may collact tAa insueance piooxda Leader a�ay use tho prooeeda to npatr a rastore the Propaty or t�piy sums securod
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<br /> _ � . �._.._x:. by this Security Iasuumeat,wkether or not�heu dua Thfl 30-day ps�lod wW beg�r�kat thc nottt:o L given. ----
<br />`,;:.;'�:�;:y"+i: .. �`. lk�sfoa of �o dpat slnll uat extend or
<br /> . IInless Lender and Boaower od►avvLse a�ea in arItb6.�Y�PP P�� P� �
<br /> ,� �„ '- �.� �, the due date of the monthlY PdY�ents ref�red to in pacag�aphs 1 and 2 ar change tke amount of We paynawts.If under para�rxph
<br /> ' ;�`:�.� � 21 the Property is acquire�by Latder, Borrower's righE to eny taaivaax paliclss and piooeeds rc�itin8 feo�a damAge W the
<br />- �,:, Propetty pda�u►the acquisition shall pass tA Latder to the extrat af the sums socured by triis Soctuity Ins�ument immafiately
<br /> prlor to the acqnisItion.
<br />.-`;;,:' � 6.Occupanc7.Perservatbn�M�inteaana and ProtecNcn otthe Propert'i Borrower's Loan AppfipttEoni i.:asehoida.
<br /> �," '�,<<.,: Borcower shall accuPY.establish�and use the Proputy as Bo:rower's principal c+esIde�ce aIthin suty days aRer the exautlon of
<br /> ° �,r ihfs Seaui�;I�ni ans!sha!!s�aitnu�so o�y�he Pro�t}►a4 Bouower's pr�ncipal resldence for at l,east one year afw the ___
<br /> � � de:e uf accvpancy. unless Lender otheiwisa agrees in wridng� which oonseat shall not be uureasonably w8hheld.or unless
<br /> ° �� exteauadng circumsmnoes exist which are beyond Boimwer's cantrol.BoQOwer Ahall not dest�y,damaSe or impatr the Pmpeity.
<br /> I � . -° allow ttle PiOjlcaty tD det�rlm'flt8� OT t�mmit w8ste on th8 PiOperiy. Bormwer sdall be in default if eny fcnfeiw�e actloa or
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<br />- , �;:. pmcecding,whethe�r civil or criminal��a begun that in Lendea's gaod falttt judgment conld resuit in forfeiuu�e of ttte Property o:
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<br /> , �:�,: otherwLse awr,riaUY impair We llen cre�ed by tbis Security Inslrument ar Lendea's securlry intaest.Borrower may cure such a
<br /> , � defaWt and reinstate,as provided in paregrapb 18�by causing the ucdon or prooac�ing to be dlsmi�sod wit6 a mling diat,in —
<br /> . , Lender's good faith detesmiaaUton.precludas forfeiwre of the Bonn+ower's intaest in the Prop�aty or otha metulal Lnpainneat of ----
<br /> . tha lien created by this Securlty Instrument or I.ender's security int�Bonower sAall also be in default if Boicower.dise�ing the �_-
<br /> loan Kpplication proces.s.Bave materlally false or inecctn�ate infom�at[on ar smteraents W L.ender(or faila!to pmv�de LeAder with ��h;,.
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<br /> any mat�erlal inforniation) in connec�on wlth tke Iean evidenced by the Note. includiug�but aot limited to, represe�ntaflons �.�,:.
<br /> . conceaning Bormwer's occupancy of the I'ropeny as a prinapal resEdenca If this SecarIry Instrument is on a leasehold,Bmmwer -
<br />:�,,�;,,, " � �� shall comply with all the provLsions of the lease.ff Borrower acquires fee tltle oo the Propc�ty.the leasehold aad the fee dtle shaII .�.�;_
<br /> �'` � not merge unlesa Lendea e��ees to the merger in wridng. �:;'��'
<br />_;t�:�� " � 7.Protectlon otl.ender's Rtghts in the Property. If Bonrowa fails to perform the coveaants and ag�eemeata contained in '�.�T
<br /> � :. �:` this Securlry�nsa�ument,or there is a legal proceeding d�at may s3gnificaudy affect Lender's rlghtv in the Property (s¢ch a4 a '
<br /> . �� � proceeding in bantcruptcy.pmbate.for condemnadon or forfeiwre or to enforce laws or�gulaHons).then Lendea may do and pny �.
<br /> „ ''�: for whatever is aeoessary to protect the value of the Property and Lender's rlghts in the Property.Lender's ucdons may include .
<br /> ,� P8Y�8 any s�uas sec�red by a lien which t�s priorIty ovcr this Security Instrument, appearin6 in caurt, PaYInB reasonable
<br /> aunmeys' fees end entering on the Prope:ty w make repairs.Although Lender may take acdon uadea thfa paragraph 7.Lraider
<br /> ° . dces not have co do so. --
<br /> - , _ . -.. Any amounts disb�used by Le�►der under thi�paragraph 7 shall become additFonal debt of Boaowe,r se�ured by thls Seca:iry .�
<br /> . InsWment Unless Borrower and Lender agrce tn other terrns of paymen�these amounts shaU bear interest fmm the date of
<br /> � disbursement at the Note rate astd shaU be payable,with interest,upon nodce from Leader to Borrower reque.4dng paymen� �-
<br /> " 8.Mortgaae Insnraace. If L�ender required mortgage insnremcs as a conditlon of maldng the loan secured by this Securlty �
<br /> Insuument, Borrower shall pay the premiums required W maintein tha mortgage insurance ln effoct If�far any reason. tho
<br /> ° mortgage insurance coverege required by Lender lapses or ceases w be in effect,Borrower shaU pay the premiums reqnired to
<br /> obmin coverciSe substanti�tatly equivalent to the morigege tnsuranee previously ia effect,ai a cost subsmudaUy equivalant w the
<br /> cost to Borcower of the mortgage inswrence pr�,wiously in effect,from en attemate mortgage insurer approved by Leader. If ;� `
<br /> - � ' subsmnd�alty equival�t mortgage insurance covetage is not available.Borrowea ahall pay to Lender each month a sum equat to � .
<br /> one-twelfth of the yearly mortgage insuzance premium being paid by Bomnwer when the ins�nce�overage lapsed or a�sed oc� .
<br /> � ; be in effecG Lender will accept, use and remi�e these payments as a loss reserve in llen of mortgage insurance.Loss reserve
<br /> • Form 30�a 9/90
<br /> � n.�e de tntll�l�•
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