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200207064
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Last modified
10/15/2011 1:28:01 AM
Creation date
10/22/2005 8:59:34 PM
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DEEDS
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200207064
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200207064 <br />subsequent charges each franc remurpro's or Similar changes o reasonably <br />which a might affect such <br />detem+inal ea or e <br />cnlficammn Borrower Shall also be responsible foe fire payment of any fees imposed by the <br />Pe.eral Lmeriency Marngencrt Agency in connection with the revleu of any Bond 'Lane dmrmination <br />resulting from an objection by Burrower. <br />c If Rmmwe fails to maintain any of the wvemges described sbove Lend¢ may obtain insurance revenge, <br />at Lender's often and Borrowers expense Lender Is under no obligulion w purchase any particular type or <br />uw of coverage. 'therefore, such coverage .Shall cover Lender, but might or might not protect Burrower, <br />Borrowers equity in the Property. or the contents of the I'ruperly, against any risk, hazard or liability and <br />might provide greater or Icnsc coverage than was previously in eft 1�BO left, lianowlet that the cost <br />of the in coverage sin obtained might agnlficantly exceed the cost of insurance that Borrower could <br />have obtained. Any amounts dishonorer by Lender under Ihis Section 5 shall become additional deb[ of <br />Borrower storied by Ihis Security h atrvment. These amount' shall beet interest at the Note late from the date <br />of disbimeu nt and shall be payable, with such interest, upon nonce from Lender to Bonower requesting <br />payment. <br />All in r'.I Ica policicv required by Lender and renewals of such policies Shall he subject to Lenders right <br />I <br />an disapprove such policies, oral. include ¢ snndard mortgage hold, and shall name Lender as mortgagee <br />and/or as an additional leas hall p Lender shall have the all right nuW the policies and and real ted mares If <br />order requires. Borrower shall promptly give to Lender all mashie of paid premiums and renew -al damage If <br />Borrower uof, ail any form of insurance co erage, not mndard f legolgre by e Tender, s for damage to. or <br />destruction tgag of, Ire Property, such pulley Shall inclutic u standard marlgnge douse and shall name Lender as <br />mortgagee armor as an additional loss payee. <br />In e the event of loss, of rijr Shull give prompt nonce m the ILenderr. carrier and function. Lenagr may <br />make proof in loss if not mode promptly t t the uer. Unless Lender and Burfeed ome,ud agree in <br />writing, any in x procea it whether or not the underlying IS economically by Illy er shall he <br />applied m activity is n or repair of the a such if the restoration n or criod, e leanly fthe tie and <br />econom <br />Lender's s Iriay not edsounti Lender such repair and instruction or period, Lender shall have the a cracks <br />m <br />hold such Insurance lete proceed until Lender hie hard an opportunity i sheds such Property m ensure the work <br />her been completed w Lender's sahe TvPJln, provided that such inspection shall be undmaken promptly. <br />Lender rr v dtic work proceeds for lire repass and resmmnon ii Single payment on in ul pro muss <br />u series <br />payment am the +. ork Is completed . Unlass an a_ wt i the r L required to or Applicable Law requires n Ol <br />evens w be paid on e such insurance pmecead Lender shall not be required t ned Rurruwer any all not be <br />rings on such proceeds. pees for public abe files, or other third parties, retained e Borrower shall not be <br />Paid co of the ly ca ncc proceeds r Lad and shall be dm suie(bilhotical <br />fral of Rormwcr_ If the nosmrall b or repair is <br />lint sums Sicure feasible or Lenders smurlty would whether Or notsl, the insurance the exc s,¢it he applied to <br />the s Such t ul nee proceeds hall be applied d in the o not then erne, with [ba excess, if a „paid m <br />ems ze <br />Borrower_Smh Insaranceproceeds shat ea Jer ked Inthe orderpmvidad far In9cedan2 <br />It e BIII a It Borrower the Property. Lender pustule, n �daime and smile any al Len le Insurance that th claim one <br />camel maser's- a Borrower does m respond within go days ton notice Irani Lender that the plead er has offered m scale i en I then Lender may if Lender and male the claim_ The der 30-dav St period will <br />begin when the notice Is given. in) lea event, on if Lender hts to a Ilea Property under Section 22 or <br />otherwise Rothe am hereby paid ti de Lender e Borrower's rights [o any insurance proceeds it anionic <br />nut m crassest the amounts unpaid tinder the Nam ne Ihis Security Instrument, and (b) any other of Borrower¢ <br />lights (other than then, irl tar as refund ofurevmed premiums head of the under all insurance policies <br />the Property, emote( as such eights are applicable to the coverage y amo of the paid under Lender rally use <br />the mrvvcc proceeds either m repair nr mswrc the Property or to pay amounts unpaid order the Now or this <br />Security InslmmmuE whrxher or not then due. <br />fi. Occupancy. Borrmver shun occupy, cull and use the Property us Borrower's principal e ldence <br />within 60 days alter Ire duration of this Security Instrument and shall contains to occupy the Property as <br />Burrowers principal residence for at lead one year after the date of faccupanary, unless Lender othenvlsc <br />writing, which consent shall net be unreasonably withheld, or unless extenuating circumstances cast <br />which are beyond Rono"ci's control. <br />7. Pieservatioq Maintenance and Protection of the Properly, Inspections. Bonower shall licit <br />destroy, damage or impair the Plurals, allow the Pmferty to deteriorate at wit warm on the Properry. <br />Whether or not Burrower is residing in the Property, Borrower shall mainain tilt Property in order to prevent <br />the Propety from deteriorating or deurej in value due to its condition Unless It is determined pursuant lu <br />NEBPAI - Single Family . Fannie Manurial Mac UNIFORM INSTRUMENT <br />Forth 3¢361101 <br />Lone ones; tic (eel anP3i S5 1/ � W <br />wkFrv:nn3rrza Page 6 of 13 Inilials_C <br />
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