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<br /> S. Kuxas�d os Prop�etty=€tn�aaa�.Eaironrer shall fceep.the imprope�ien�s aow exIsdng ar hsr�er eretted an the�.
<br /> -_�p�r�Y irs���c1 a�aic�st l�ss b�fi�.i�azards inaiaded withia the term`extectded covejsge°aad any other hazand5,ia�tuding
<br /> flaads'os fl�ding.fur whish[.ender ieqvires insurance�--i�suiance sFaITi�'maS��n�in�imts�fna�e-�i�iods: ' _
<br /> that LQnd�r requims. 'i�e i�uranoe c�trier pruviding she insataaca shall be chasen by Borrower subi�#to i�endea's approval
<br /> whirli sbati eot be Unreasonably withheId.If Borr6tiver faiis to-maintaict coverabe de.scn'bed above. i�trlet maY. at 3�ndsr�s�
<br /> opt'son,ob'tain coverug�'to pmt�Ixnde�'s rigi�s in t�e Property ixt acaot�ance wi�is paIIagiagb 7.
<br /> Ait iosaranre poliries aa�=enew�Is st�ll 6e aocsptable to'Lendex�d shall inctude a staz�dazd mortgage c�ause.�eader
<br /> shalt t�aere�the rigiit to hold the golicies a��aewals.if L�nder reqvems.$arr3wer shaU prompily give to Leader all receipts of
<br /> paid premiums:�d renewai aotices.In the event of toss,Bormwca shall give p�mmpt rtotioe eo the insu}�uce c�rrier�d I.ender.
<br /> ixnde�may.�a1ce prcwf of loss';�IIot m�e�mmpuy bY so�. . .. � � �
<br /> , [Jntess•�ender an�BEUrower ot�envis�agree im anting,ias�uauce proceeds shall be upplied to r�stbrativa or r�air of the
<br /> • 'Pmperty damage�.if die restorariou or c�air is e��omically feasible and Leudec's sepuity is not tessened.If the restoratiou or
<br /> � repair is nat ec�nomically feasii�le or L�Mer's security wauld 6e lessemed,the iasuraaoe prncaeeda si�all be appliea co 4tt�sut�
<br /> se�ered Dy this Security Instcv�ment.whzther or not thea�dae.witl�any exoess,�said to Bonower. If Borirower abandons the
<br /> Brapeny.or dc�es r�ot arswer within 30 days a notioe trom l.ender that ttse���►��s carrier has off�ned to se�le a etaim,than
<br /> Leades may caltect the msuranoe pnsoe�ds. Lender,may ase the proc�ds to r�pair or ces�ore the.Pmperty or r��:�'paY sunns
<br /> secar�d by th�s Se�airiry Insuumen�whei6er or not then due.The 30-day pei,iai wiU begin when the untice is give�t:�s•;,. : .
<br /> UnIess I.�r�der and�oaa�er otherwisc.agree in writing, any applieatiQn of paooeeds w principal sha14 r�;<utend aar _ �
<br /> postpone the due dats of tbe montdtY PaYm�ts trfert+ed w in paragapfls I aarf 2 or ch�ge tlie�rnt o�the;�qi�. � If
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<br /> � under paraS��pIa 2l ihe Property is acqni�ed by Lender.$orrower's right to ar►y insurance polictes and proceecls"j�...k�g fraffi �
<br /> . damag�w the Pcaperty Qriar tfl the scquisiaon shall pass to Lea�der to the extent bf the sums secnred by this Securif��ip`s-t�v�at
<br /> immediateiy prior to ihe aajyisition. . .
<br /> 6:OcCap�ncy,Ptcserv�tioa,Mainteaanoe and Pratec�on oi the Pt�Pert�,.Bornowe�s L�n Applkation;*«�tv,t�_ ,
<br /> Barrovwer shali ncc�spy.establist�.aacl nse the Fropertp as Bormwer's priasipal resideace.arithip sixty Aays after We,y�r.xiitioD of •
<br /> . tkis Security�Iastruroent aad shall continne to aoeupy the Pnoperty as Iivrcower's princ��al resideuce for�t teast ot��,qz after
<br /> the date af axnPancyr�mless Lender asshe�wise agrzes in�rrlting,which consent shall•nat be unreasanablywi 'or�tess .
<br /> eatenuati�sg•dreumstanaes e�st which ara t}�};9t� gorcoc�et's oonuol. Bormwea shall uot desuoy,:.d�$e���� .
<br /> � Property;allaw'the Prop�aty.to deteriarate.d�?uxr�r�oiti waste aa tke Propezht. Bamo�wer shall 6e i�u-:�'auii.i,f��nY forfeImtt �
<br /> s actian or�roceed�ng,whether civi!or crimirial;'"is 6egun t�u'�•En Lender's good faith judgment�tldfi t.!�si�4i ui(ra��ute of the
<br /> Prop�rfy ar ott►erwise matei�ially iuupair the lien ct�ated by:13�"�Secta�ity In�7rument or�.�ec's s�.1,`�iS�'fnterest:�;aa`�ro�;eu map
<br /> . cvre sue�a defauIt and�tats.as praviiied in parugzaph�;.liy eau'sfng�►e action or�h�cting to�eC dis�isso�;�a rutin,8
<br /> tt�at: 'in Lender"s goad faith deceim�nation; precludes.forfeiture of the'i�i�.iwer's inteiest in tL��gciiy or othet materiat
<br /> _ impainnent of the�ien created by this Security Instnimept oi L�xier's�i.iti:unty inter�st.Bormwer�t�ti atso� �t1 defauit if �
<br /> . Horrower,durin,g the loan application process;gave materiaUy false�or i�accvrate informatian or statetiients to I.end�r,(or faited
<br /> to provicTe Lender with any ma�'[�^�infarmation)in w�#r�n with the loan evideactd by tha Nate.ineiuding,6��pt li�ited
<br /> to.�spresentations canceraing�!�wer`s acc��Oancy of the Ptnperty as a principal�residerxae.If this Seairity Ias�nt is on a
<br /> .leasehotd.,Bonow�i ehall aomgly"with aU<<i�ii���?�ovislons of the lease..If Borrower aa{uires fee title to the Propecty, the
<br />.-�� �. leas�hoid and thc�'�:�;.1�,'1e�shail�.not merge ui'd►`�:s�s'C:wnder agrees w tlie merger in ariting. � � • �.
<br /> •�.P►�otaKiop+bf'Z:n►dec's�t,tgbts in t6t'17'topaRy:I�]F6�orrower fails to perform the oavenants and agraamKnts cqutairsa4 in
<br /> � this Securiry Zastnunn[,.or•dn4.���s a lega[proceediag ths�ii�ay signi�ccaritiy af�ed L�ender's rig6ts in tbe�'rapertyr(�uch as s�
<br /> . ' pro�eedin��in 6�lauptcy;pt�;�.foF�ondeffinatiqn.or fo�'itut+e oi to enforce laws ar regulataons),then Lerider nmy do.a�W
<br /> pay foi wLatever is nssessary tv prcitect the value of the Property and i.ende�s sights in[he Froperty. 1:Ender's aGtidas may
<br /> � jnciade paying auy sums secutted by a lien which tias priarity over this 5ecurity Insmiment, aDPeanng in tourt.. WY�8
<br /> reasonals2t attorneys'fees and��ng on tfle Property to mske repairs.Atthnu�h Leader may take attioa under thls paragr�pD �
<br /> - _�:unc[�r Qoes not fiave ta do��.;; � • --- -- � -
<br /> � Any,sunouztts disbu�ed by C'ender under thi� pazagra�h ? shall became additivnal debt of Borrower aecura3 by this
<br /> -- ��s�fl�ilpT�trt.-t!$tess�rtawer and I�,^der agree m other terms of prayment,these cunoaats shu13 bea�i�te�fram the
<br /> � date�o�dis6iusemcm at the Note rate�d•d1�J��be payable, with interest. upon notice from I.�nder to$orrower tequtstimg
<br /> FaYment. : , . . � . �, , � .
<br /> 8.11fiiortgAse It�►rance.Tf�,ender req'sii�ma���i,ii�raace$s u amdiliun oT makiirg the i�secuxeci Ug'�,�u�-.,ccurit3r �. � .
<br /> ' Insuument, Borrti�rei sttall pa�s ti�e premitims Tequitzxi trrt�r�main the mostgage fnswar►ce in effect. If.•for azsy, u�ason.tho
<br /> triortgpge inswenCC Covetago r�ut�d by L�sadc-�lapses c7 aeases to be in effect, Borrowec shall pay the premiwns reqairad to
<br /> obtain ooverage substantialiy equ�valetrt to the.�t�ge insu.rance previousty in effcci,ek a cost snbstamially eqvivalent to the
<br />� oost to Borrowcr of tve�ortgag:insurance previously in effect. from�n alteraate mongsige insurer approved by l�nder. �f
<br /> auDstantialJy equ"svalent mortgage insurance coverage is n�t availabie.Boarower s}9,�It pay ta Lender eac8 month a sum equal to .
<br />' nne-twelfth of the yeariy uwrt�age insarance prerai�sm being paid 6y$on+awer when the insw�nce coverage lapsed or.a�sed to
<br /> be in effect.l.ender.witl accept,use un�retain these payments as a toss reserve in tieu.of mortgage insurance. Iass rase►vC
<br /> : . • � : Form 30ZB 9f90 .
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