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<br /> . - 92- i0Q'755
<br /> � . ; S e��`ar ltopasY ra�s.oG Bom�rer s2�alt.itxp�Ae ia�ruvemmts mw e�or har�«�ea:an the
<br /> ( ptn�ert�r insurcd agaiast toss 6p firr.dazacds-includod within tbe term "extendod ooverage'and any other l�uards.inctndin8
<br /> � ` t�aads af flonding.for whicb I.ender cequites irtsuranL+�.Ttiis in.wrance sha[16e maiivai�d in tbe aotuui�.s aid for the peri�afs -
<br /> th�t Le�dec�quiras.The insurance carrfer providing the,ituaranee sha11 be chosea by Bormwer subject to Lender's approvaf
<br /> -- which shalt �t be un[easo►�ably witSh�Id. If.Boiroues fails to maiinain coverage desm�6od above. Le�der may.at Ltoder's '
<br /> - _= option,o6tain wverage to protect I.ender s rig5tstin the Pcaperty in�coonfanoe witb pstagraph T. � � �
<br /> - - - AU in5urance policies azd ra�wa[s shalf be 3aeptabte to L�der a�shalt include a standard mongage dause. txnder
<br /> = sha11 have the riglit to hald the policies and reaewals.If tender ra�uires. Botmwer shaU pnompcty give to L.ender afi receipts of
<br /> __ .___�__� - -prid p�emiutt�caid ieiiewal txxi�s.I�t tbe eve�t of toss;Ho�o�w�er shatl give prom{x.nntIce to thc insar,�nce�urier amd t�etsdes.- ._ _-.------
<br /> - -"= Lender mag mzice pioaf of toss if nat made pcumptty 6y Bormwer_ � —
<br /> .�� tlWess Lender and Bomox er otherwise agree in writing.�nsutanoe Procceds shall be applied to restaration or repair of the
<br />` Property damaged,if the restoration or repair is economicalty feasibte and l.ender's secwity is not lesseaed.•If the restoration or. _
<br /> .. repair is not economirally feasibie or Iendec's socurity aould be��d.the in,wzarrce grnceads s1�a11 bc applied to the sams
<br /> . �� sewred b�.this Socurity fistrument;whe�ei os-not then due.with aay ea�cess paid ta Barco�xer. tf�Bamawer abandons the- —
<br /> Pirapecty��ar does not answer w�ithin 30 days a naice from l.ender tl�at tbe insuzance rar�iRr,bas offered to settle a daim,-then� :-':- . .
<br /> ���� Lender may,caltect the insuraace pmceeds. l.ender may use the praceeds to_repair or �rsiore the Propeny or ta pay soms . -
<br /> -__- _ secured by this Secutity tnsunment.whether ar pat then due.Tt�e 30-day periaE will begin when the norice is given. . " — _-
<br /> .. `., Untess l.ender a�d Borrower othenvise agree in writin�.any.appllcaeiort:of pcooeods ta princepal shall rwt extend or �._. —
<br /> -. :'; postpone the due date-af the monthty payments referred to in paragraphs 1 and Z or change tbe a�nount of the payt�cdts��€ ---_--
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<br /> , � - under puagraph 2l Ehe Property is acquired by Lender, Barmwei s right to any insurance policies and proceeds rautting fiaom -___-_-
<br /> �" damage to the Pcopecty prior to the a�cquisition sl�al!pass to Letalec tn the extent of the sums secuied by this Seeurity i�'i�ii3iient `�'�_�
<br /> .4 , �`�-"�_
<br /> �- . .. . immediately pdotto the acquirition. . . ;�.�° . : -�-',�-
<br /> _ 6.Occupu�y,.Pt+eservatian.lCfainteoaince and t'rotedioni di tLe PropeRy:Boeruwer's L.o�a AppJic�ao:I.ea�ebotds. ;z-����
<br /> ' Borrower shali establisb.and use tbe Praperty as Botrarxer's rinci �esidertce within six da s afre�the ea@�ti0n o�' ,-•-�
<br /> accup}�. P P� �S' Y � .
<br /> _�,.,::,` . this 5ecurity Instnur�ent and s�ai)oominue to occupy�ihe Propert�t as Bo:rower's principal,�idence for at teast urre�}�r after , ,�4;�_
<br /> � '�'; �•',- �=, ' the date of occu grees in wrltin�wiuch cansent shat!not be unmasonably.aithheld,:vr uiitess �, .;:
<br /> ; ,,,��,�' �, . P��Y•unless i.ertder atherwise a �1�,
<br /> ,.;_.; .''� ' catenuating circumstaaoes exist,which are beyond•Bormwer's`caiitroi_�Bqnrawer shalt not d�tray. daur�ge or imFair the �_� -_
<br /> Property.allow the Fr�perty to deteriorate, or commit waste oa the P�operty::Borrawec shatt be in defanikif aay forfeifuie _
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<br /> � _ . action or proceeding.arhether civil or criminal. is begun that in�.�nilerrs gtiqd;�faith judgment coutd res�it��`fflrfeitur,e of the . �-��:
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<br /> . -�`-.'•�' •, �� -�:� Property or otherwise materially impair the tien created by this Se�v�uy=ius#�naiient or l.ertder's security interest.Barivxec ipay . �,-� , ��.�
<br /> � � ,,,z�a_
<br /> ��', . cure such a default and reinstate.ac provided in paragraph 18.by caasi�the action or pmeeeding to be dismi.ssed with�.'ruliaS , ,..,,u:._;-�•-
<br /> � ti%-'•:� : , tha� in Lender's goad faitb detertnination, precludes forfeiture vf t[re BorEasver's interest in the Property or other materia! ���=;;-•=_
<br /> . � .`.'k3. "�;, � . � � �.'-_�"
<br /> + ,;�s,; , impaircnent af the lien created by this Security Instrument or Leiuiec's.��y intcrest. Bosmwer sball atsa be irt default if � _;�;r�_
<br /> Borraweo,durin the loan liption racess,gave materiall false�r ii�aa:;i�infarn�ation ar statetncmts ta Lender(or faited ' �`"��`"''~a:�
<br /> •�:;: :: � S aPP� P Y , ,
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<br /> _ . to proviQe I.ende�witb any materiai infom�ation)in conneceioa�stii die Crisii i�idenced by the Note,including.but not,ticnited .." �{ ` •F�;,F;;;,;�;,- �-
<br /> ' • .;, to.rep�erttations cnncerning Borroa•er's occupancy of the Pra�:�a pr�irpal residence.If this Security lnstrumesr.i��Ja a.� " `5 `�E: s
<br /> �;;���� leasehoid. Barrower shall comply with all ihe pravisions of ifi�it:._-� [t`H�:rrower acquires fee title to the Prap:sty. tf�e ��` �•�,
<br /> t,,��;;sss,, leasehold andthe feetitie shall not merge unless I.ender agrees tathe:re'rtetau.i�:riting. • . • •
<br />"� • '�'`�'' � 7.Protectio�t af E.ender's Rights in the Property.If BorivKCr faits"ru�foim the covenanGs and agrcements contained in • :
<br />� . ' this Senuitp instrucnent. or there is a legal proceealing that ma��airnifcarc(y affect Lender's rights in the Property (such as a ' � . .� �
<br />'.:;. • .;,}r.;'�:. proceediag En bankruptcy.pmbate f�r wmdemnatian ar farfeitur���ctq enfarce lawti ar regulatiansl,then Lender may do and ' ` _
<br /> . � , _ . , pay fos a�,tever is necessary to pratcci the valuc c�f the Pmp�aii�i'�::crsder's rights in the Property. l.ender's actlons may • � , --
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<br /> include paying any �cm.� secured by a lien w�hict� has prioritq os�er tfii4 Security Instrument, appearing in caurt. paying . .. •==
<br /> ''�• '` � '' reasonable attom s fees and emerin on the�r.-u to makc ai:�.�:�:r2srn h t.ender ma take action undcr this h
<br /> .r., eY•' $ `P-�Y �P � � 8 Y �aP . ... -
<br /> . , 7.l.ender daes not have to do so. . ..
<br />� . '3' _ � Any umauntc disbursed by Ler.�rr under this paragrapfi 7�,ball become udditional debt af Barrower secured by this • � • "
<br />. ' • �F� Security lnstcument. Unless Barrow•er a�d l.ender agree to other�ernu af paymcnt.ihese amuunty�ha0[x�ar intetest frnm the � ' .
<br /> ' ' . , date of disbur�ement at.the Note ratc and shall be payabtc, with intcrest. upon n�+ticc from Lcnder to Borrower requening � • .'�. �
<br /> � , , ° payment. '
<br /> , 8.Maetgage lncurance.lf Lender reNuircd mortgage ii�.suranee ati a cc�rfdition c+f m•rking ihe loan secured by ihis 5ecurity � . " ;
<br /> � . Instrumcnt. Bnnowcr shall pay ihc premiumc requirccf ta mainwin �hc mortgagc inrurance in effect. If. f�r atty reasan, the . ,. �
<br /> martgage insurance coverage�equirc.�f by l.ender lapse�ur cea.re�ta be in effcct. Bnrrowc�+hall p�ay �he premiums required to � • :
<br /> � abtain roverage su$�:rclally equivalent to the mortgagc inwrancc prcviuuwly in cficct.ut a cotit.rubti�antiatfy equivalen�to the � _ �
<br /> ' ca�t to&�rrower of dt��:nartguge in.r•urance previau�ly in cffcci. fron� s�n altcrnatc murtgagc in�urcr a�V'ac�ed by l.ender. lf � ` •
<br /> << � substantially equivare�r martgage insurunrr coverage ic not avuilable.Harrmver tihall pay tc►Lcndcr rach mc�nth a sum eyusl to �
<br /> • , r �,;• ,' one•tw•elCth of the yearly maRgage insurance prernium heing paid by B��rruwcr whrn�hc in.urance a�veragc lap�ed or cea.�ed ta �
<br /> :,,� -, be in ef�ect. l.ender will accept,use ar,ct rctain thc�+c(r,iymcnts as u lus� r�ycrvc in licu of nu�rtgage in.urancc. Loss reserve �
<br /> � � Form 3028 919Q '
<br /> � Pago J of 6 i • • ' .
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