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<br /> ta` , "`,, ` c�!�i:�'y�y .1r �t �E .a.� ,s` `h er :d - `t� ,`Y. '.s , ie.,.. .�.°�F� .'1.,' "�'� ,`e4 �v,` „r� i� ���,ti .:._. 3b -.
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<br /> '"���:Y, ::. �,'�'� ' ,, ` S. �au�rd oa Peopegty.Iasur�nrn. 6nrrower st�all ts�ep the improvements �tuw existiag or hereafter erec�ed es1 the
<br /> -- .��„�.;. -.� :`��o., �; ` " -
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<br /> �e�y insu�ed a�sinss loss bX•fue.ha�z�rds inctude�!within the terAa 'eatended ooverage and nny other har�uds.incladIag
<br /> ��t,i . ..`� . ° fIaods or�laodin , forwhich Lender �res insuranoe.This�lnsumrtce�shall be maintairted in the amnun4s attd for the pedads:
<br /> "'�S�`�"`x''. <`:�{` 'that Lender requ'ires.'�!►e insurance c�a�tQr providing the insuratsce shal!be chosen!ry Batmwer subject to[rtt�er's ap�trovril
<br /> - `''• "� w�ich shal[ not 6e unreasonably vuithftel�. If Horcoti�er fails to matntain co6•erage described atsove. Lender may, at Lender's � -
<br /> • ---- optioa.obiain oo��rage to protect Lxnder's rights.in she PropRrty in aoraNanoe ivith paragraph 7. ' � � -
<br /> _ _-�`�� '�� - . All insurance,pulicies and mnewals shall b:ac�eeptabie to Lgnder an�shall inctude a standard mortgage rt�, g,��r ' -
<br /> 4.�r,f�-��^:'; � shel!6ave che d�ht to ho[d the policies and renewals.If Lender recjuires.Bormwer sha!!pramptly give to Lc�cder all t�teipts of � _
<br /> � �� �'L •paid premiums and renewal notices.In the event o�losg.$orrower shall give pmmpt r�otice to the insurancr rarrier and lRnder. '
<br />. - . •_ _
<br /> ��,�°`"'.�,�:.•l;�`. . LeudeT.may make pmaf of ios,5.�f not m�[e R�?mPUY 4Y.Bnr��ver.. � �--- .... --
<br /> --�;�...� � ��. -- _- -
<br /> �. `. - �_� - _-�Jnless.Lender arid Bamntiirer ot�erwise aa�tee i»writin ,insuraace c�eds shall 6e applied w resto�tion or repryir o}tbe � _ - ...
<br /> .. ,�.� � Aro ir �
<br /> �.,�•�:. ;,, . �.� 4 t� PmPertY damaged.if the mstaration or air is ec�nomicall fcasible and Leader's
<br /> -�:�`;::_,_ ::�`�,� . reP Y. sesurity is mot lessened.If the restoiation ur
<br /> , . � ' ;�- �.,�. repair is not ecoAOmically fea�ibte or Lender's security would be lessened,the insaranoe pmoe�ds shap tre,applie�to the sums
<br /> -�"''�+'_..::�';��:�' secured B this S <�
<br /> ,� Y ecurity Iustrument,whether or not ttien dae.cvith any eacess paid ta Borrower. If Bo�imwer abandnns the
<br />`�c�=�=�':�~�.:,;.�,� .
<br /> _��=:�-� , • �r` Property,4r does not ans�ver within 3Q days a uaYice from L.ender that the insarancc carrier 6as of�erod to seule a claim, thea -
<br /> �;:��L�-:::�.'�:�,;�-: Lender may colIect the Instuance pinceods. Lender may use t�he-proceeds to repair ar restaie the Property or w pay svms
<br /> ..`��;'t:":.._'��,:s�._ seaued by rhzs Se�a�Ey insuument,whether ur not thea due.The 30�daq•periad will begin vrhen the notice is given. , .
<br /> ��.`�;�. Uniess.�.eniler aad Bor�ower otherwise in tvritin an � P princiga! shall not extend dr
<br /> �,�,,trt�� � 8, Y aPPUc�tion uf moeeds w
<br /> Qostgone t�e due date of the monthly paymenu referred tn in
<br /> � ��r:�i-;�••;.j,._�S; P�hs 1.and�or change•the aumu�of the payments. If r
<br /> • �• .� uader paiagraph 21 [he Pnoperty is aoqu�red by L,ender,Sorrawer's right to any insurance policies and proceeds e�sulung fmm -
<br /> ��� :,.�.��r.:,;'�. � ,
<br /> � ..
<br /> �.�::, .Y.��,�;•�. damage to the Property grior to We acquisition shall pass w Le,�der to the extert of the siems secnred by this Sec�rity Inst�t�ment
<br /> _:._..�•�� _ • .'.:_.._.__...����Y P_�lor t4 the�qwsiti9n.._..----
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<br /> r,;•..;�j.,.;z�.�;� ' , 6.O�cnpaacy,PreservatIon,lb8a�ateaauce aaed PnuSes�fan of the Ptap�ty;�osaue�'s Loan ApglIcat�on,Leas�tinids.
<br /> __ ..�-�..,;;�--.. Bor+bKCF slsatt ' _
<br /> �—..: s att uccupy,es�ahfi�h.a�.r",�.the Froperty as Borrawer's priac'rpa�resideaae wiH�in sixty�days affer the ea�u�on of- -
<br /> -i-r:� ,.;._ ;
<br /> .�s �-� - ttus Security Instrument and shaU o���+_e m aocupy tJte Yrogerty as Borrawes's priacipal residenoe for at least oae year after
<br /> ,.�f....0 ...:�.
<br /> �,;•_=J�=_�� Ws d�te of occup�ucy,.antess Lender athera�i�e a�;rces in writing, afiich consent shall not be.unreasonal�iy wiffikeId,ur imte�
<br /> '-�� '.» � . ..� � exteauadng cira�;exist-wtii,ch are 6eya�8ntruwei's-confrol:Bomnwet shall not destroy. e ar ' air the
<br /> - r '+y�,Yr�� ; �ybr � ,
<br /> ���;�,+�. , . PcoPerty,altow the Pcnperty to d�;dorate.or commit waste an the Property. Bortowgr s6all�e in def�aIt if�a���feimne
<br /> �:M�-�;_;�,-.- a�ion cur.�^+oc�g,whei5er civi�.rrscriminal,is begun thz�io�,�.ender's gnod faitA judganent could result in fo�ei�of tke .
<br /> �y'��,:..�i Prope�igi r�otherwise roa jeri�llY'im�%;the liea�ted by this`5zburity tnstiumeat or Lender's sewrity ie:�test Ba�rtitr�may .
<br /> � �i � :'.•cute a�i�ti a default au�t�,:stateT:�s�rovided in�ta:'�aPh 18.bY caasing tE�e�ction or praoeeding to[re�sed vvit�a rulmg
<br /> ��`°p��'` �°' ;.� tIlat.•in•Ia�er's ou�� d�te nation, recltides forfeiture of the Bo=rower's intecrst in the Pc���atq br other matetial
<br /> �r��.: ,_ g � .� . fi� P .
<br /> �.-.a:_»4'•„s;u�� , . in►Pairment of the lien created by s;�as Security Jnstrument or Lender's se�tuity inte:e..M. Bomower sha�aLso.6e in dafauYt if
<br /> = � Bomac.:�`,;�tuting the�nan agplIc�r��nocess.gave materially fatse ur inaoeurate inforiazta�or statemeufs to Lender tcr faited..
<br /> � � ar�y mater:,�.r�'ormation)in connection witb the loan evidenoe�
<br /> � � _� � to prov's��..}.,.`-�.eader witn fi'"• �`:?�Note,iadading,dut�limi�ed
<br /> ed
<br /> to,t�prese.ntations cocceming Borrower's occupancy of the Property as a priIICigal residence.If this Se�.sy Instn�ent is on a
<br /> �=•�`.-�:� Ieas�hold, Borrower�all comply with all the provisions of the lease. If Borrower acquiies fee ti�`ta the Pco
<br /> '��'=��''`x�� Ieasehold and tlie fee atte shall noi merge unless Lender agrees to the m � �' �
<br /> -- ----- erger ia writiag. ' °
<br /> ----___- 7.PruteQiop of Lender's RI�Gts in the Piaperty.[f SZ:�sver fails to gerfo�m the eovena�ts anc3 agreements oo�ined in
<br /> this Securitg Iristnuneni. or there is a legal ptnoeed'mg that ir�.,:+sigrufrs�ntly affear I.c�cFws's dghu in the Pa�aperty(such as a
<br /> � • prooeeding ia bankruptcy,probate,for condemnarion or forfei�:�e br to enforoe laws or r'-:r�ations�. t��.ender tt�y d�=�d..
<br /> -- =- _-_—� �for e�h«?�f�i��cxssary ta yr�tect tiie value a�tiae e`�mperty and Le¢d�tr's rights m 8ie Proyerty:�nder's aqions�may--- Y--
<br /> _ • iaclude payi'r.g any sums secured by a lien whtch has priority over this'.a�urity Inst#ament, a�spearing in oourt, paying
<br /> - - teasoaabte attoraeys'fees and e�atecitt�3 on the Property to make repairs.Although l,.ender�.�Y qke action t�nder this D�B�P�
<br /> -� 7.L;ender does not have to do so. • .
<br />_ 'Any amaunts dxshursed by Lender under thas paragaph 7 shall t.ecome additional Qebt of Borrower secured.by this
<br /> . Security Inslrument. Untess Borrower and Lender agee to other terms of payment.these amounts s8all bear interest from the.
<br />� �.� �atc of dis6ursement at the Note�rate and sha116e payabte, �vith interest, upon notice from l.ender w $orrower,cequesdng -
<br /> ` Paymeni. . � ,
<br />__ _ � 8.11�osd�age Insmsnce.If Lender rc;quired ir�ortgage insittx;�ce as a wudition of making the loan secured by tiv��ecurity
<br /> - --- �= Instrument. Bonower shall pay the'�remiums re�uired to maiistain the mvs�gage insur,�oe in effea. �f;.:8or any're�on, the
<br /> _����� . atortgage insvranoe coverage required by l.eiid�t{ztises or ceases to be ia�c�'li�,Borrower shall pay tii�c pgc,�miums reqnir�d tb
<br /> �:.m"°��' o5tauo Coverage subs.�alii:�ly esluivalent to the mortgage insurance previol�t'�jbi effect,at a oost subsr..wtially'equivalent to the
<br /> ��„°��� . cost to Borrower of Q�e cnortg^�e inGuranc�previotisly in effect.from an aYtemate mortgage ins�srer appn�ved by•Lender. if
<br /> '. substandaily equivatent m�rtgage��t;,�,r�nce oovera�e is not available.Ba�tra5ier shall pay to Lender¢a�h monW a sam ec�ual to
<br /> ������- one�twelfth o€¢he year�y a�ortga�e insurance preminm being paid by Borro�,�when the insurance ooveiage lapsed or ceased to �
<br /> -.�f�iiY��S• ° be in effect. Lender wilt �
<br /> _�s.i.�a,;��;,• , . amoept.use and reta9n thess payments as a Ioss �sl�v�in lieu af tnort e i��srance. L,uss itsenre
<br /> -�t� '�i, � . �orm 3D28 9190
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