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<br /> s:.i��,.r.pkopa�tJ bs.a.oa Baiower sLan Ireep tbC impsavem�cs.mw exisnng �a baraftei ececoe�f oa tbe �
<br /> ���.�lif��OSS�fltC,�S lIl��li�9Yliklli.tjlC tCti�f(�Cx�COYCCd�Q� 9��Ol��(d5 �lIC�Od11�.
<br /> t�oads or,tk?mdi�g:for which i,ender roqui�rs i�uaranoe.This i�tu�e sha0 bc mainnined in the am�wnts aod.far the.periods
<br /> d�K.[mdet,T?�.'me.iasarana carrier p�+ovidmg thc�nsuranoe shall bt chosea� 6y Borrow�svbject tn lender s approval
<br /> wttith i1n�t�=lwj�:jsc antasonabty wid�etd.I€Rastowec fa�.c to m�intain caver.ege d�scri'6ed a6nve,l�tcder may.�I.eode='s
<br /> optiat��obqtitty�eta&e to pnotect Iender's rights in the Pmpect}t in acodrd�a.�e with paragraph 7_ : .
<br /> - A{l.i�u�e PoticieE and`zmewats shali.be acceptable.•.to I.endec and s6all include a st�adaid mortg�e dausc. ixcxier.
<br /> s6a1��ilr�.;�,�t t4 hotd the polieies aad�e�ewats If l..eader rcqui�es.8ortav�er.sEla!!P�Y S�tQ I.rnder a!1 necsipt�of -
<br /> P�F����d�ene�va}nolices.Ia tht tvau s�f toss.8omnwer shali give prampt notice to t6t inwraooe carrier aad�Le�der.,
<br /> Ltnder t�r:�'e proof of toss if nat a�ade�ompt�'by;Bomawer. .
<br /> Untcrs�;eader aad Borroarer ottur�ise agrx in,writing.iruuiance praceeds shall be�pplied to nstonaan or repoir of tLe
<br /> Ptope�t}:dut�,if thie restoratioq ox te�air.'ts oconomicallY feasibte aad l.�der's security is not[essetled.tf tUe trstora�q or.
<br /> re�aiE,;s-t�oG+Qoutnrnical�Y.fe�.a'bl�ac.�4.endee's�curity crauGd be lesseoed..th�ituttrance prrsceeds shalt 6e applitd.to t6e sams� .
<br /> — sewrod i►y�.shiy�Sennity IaurumeAt.:w1�F.�or�not.tbat due,with.any ez�paid to�arnawer. If Bormwer�bandqns.tbe
<br /> - Propettg,;o��t�s not aaswer arith"sn 3Q days a aotioe from[.eider tbat tlte insufance carriu.lias ofl'ct+od to seute a daim,t1Kn
<br />_- I.end�r mag;pQitoct tT�e insur,urce pcaoeeds. lender may use thc princoeds to t�p�air or iestore.the Prope�ty.or w pay sntng
<br />-- socurrd bp.�#�Secarity ta�r�t,wi�edier ar oot ti�en due.The 30�day petiod wt'11 begin wh�n die rotia is givea.
<br /> • Uate�::�der and Boriower ati�rrwise.agree ia writing:a�r �ppliratioa of pro�oeds to pducip�l sl�ll nat extend or
<br /> postpocia.tlrs;�due date of the moml�ty payments refemd w in paragraphs 1 ac�2 or ci�ange the amount of tbe`payments. If
<br />.�:`:.ti; �ttidef p�gr,�b 2t tls�ProgertY is ac�qvitrd bY I.ender.Borrower's sight to any iasurance pulicies ard pnoceeds resW6ng.from _
<br /> `'�� datt�ata�,t�i�coptrtY Prior to the acquisition sM}t pass ta t.endec to the exre�of the svras sacurtd by this Sxurity insprument-
<br />;�;� immcd�zate�}3[srior io the acciaisitioa . . . . . ---
<br />=;:'�:i i.;Qr��iq�c�.Pkeservatim.Mai��taod P�»tettioe at tbe Prope�ty:Barnuwes's Iaas Applieatlo�;�.e�io�d4. . .
<br /> . Barm�wer,s�t occupy,cstablisb.and ase tfie Froperty as Barrower's principal cesidaxe within sixty days aftc�the ex�a�,f,:. .
<br /> this.Setaurny�inct�umcnt and siiall wnti�re ca.ocarpy the Praperty as Bormw•�'s principai residence for at teastaae i�a:�%'aEr�s.::.�� . ,` —
<br /> the.date�o�:t�cupancy.unless L.ender athe�►iseagrees in writittg. which ooase�shal!not be unreasonably�eld,nr�S,�i:s�:: —
<br /> extenuati�,��5�tircurnstaaces exist ccfiich�are��cr� Sam�wer's cornral. Bac�a►er shati na desmAy,.damage-ar is�c•;��e;�:�.' . ��
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<br /> Pr�pGct}.e;�llow ttie Property to dete�rate,or aommit waste on the Propem. Basrower shall be in defauit if arry fditi�::,.�,: '•" .s��--
<br /> ' actipn:�r.prac�ding.whether stivil arcr�+.inat.is begun that in I.ender's gaod•faith judgment could nsult in Forfeitu�si�x� %.::.:.. �_�
<br /> �, ";:�,z � Pro�qrty,�r othenvise materialiy ii��:t�.:ii�ereated by this Security Insnrument or Lender's secvrity interest.Borruwer usau";:' �: - �-v-
<br /> �".'�`�: .`. cure.st�h:�default and reiastate.as p�aii�ed i��araSraPh 18.by causing thz action or proceeding to be dismissed witb a ruting.'�.;• _: . -,��
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<br /> i �� that.;im,�:�ender's goad faith dete�ion, pm�lucles forfeihue of the Borrower's interest in the Property or other rn�teriat.`:�: .,;. `—�_
<br /> - irrtpairtn�ilt�f the lien c�eated by tfr:s'Security lastcument oc�.ender's security interest.Bormwer shall alsa be in�`"r,.it:::•,", .�.:—-
<br /> .'.`,`���, Borrtswsr:';during the toan application pracess,gave materially fatse ar inaccurate informatian or statements to I.ender tar.fa:'ie� . `�', � �—
<br /> , . ta pra�ricf�rLender with any material infarmatian)in comiection with the loan evidenced by the Note.inciuding,6ut not limit� � -
<br /> - $�`,ar<. to sepm&entadons oaareming Barrower's occu�acc�af the Praperry as a priACipal residence. lf this Secusety.]nsuument is on a �'°=
<br /> ' '��' . lraseholQ4 Borrower�iall comply with all the�ravisians of the lease. If Borrowec acquims fee titte•to the Property. the • ����
<br /> 'r�^`` : � lesaet�otd�and the fee titte shall nat merge untess i.es�der agrees to the mergec in writing. • ��:
<br /> �_�"�=`". 7..Ptotection ot Lender's Rights in tUe Praperty.If Barrower fails to perform the covenarrts and agtecments rnntained in .'•'„'�
<br /> '�'-t•,'; this�Se�rity Jnstrument.or there is a[egal praceeding that may significantly affoct Leuder's rights in ihe•PropeRy (such as a - , '
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<br /> :� . :.� proce�dir�g in bankraptcy.probate.fot condemnation ur futfeiture�r to enfaree lavirs or regulatians).then l.ender may do and _
<br /> � '�"`'� pa>'fo��whatever is necessary to pratect the va{ue of the Praperty and Ixnder's righta in the Praperty.�l.ender s actions may
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<br /> s � ._� inaiu�ia��paying any sums 5ecured by a lien which t�as prioriry over this Security�lnstrument. appeuring�in�caurt��paying.•
<br /> ,.. ��`�, ret�sc�mtf�le attomeys'fees and entering on the Prapercy to maka repaits. Although l.ender may take actian unden this.�a�pl� • _
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<br />- `��.,L_,�:;r.� 7.l.ender does not have to da so. • . ::
<br /> • —�=�� Any amounts disbursed By Lender under this paragraph T�shull become adQitional debt of Batrower secarod by,�this�ti• K. � �
<br /> L s • �� Se�cur.ity ln.strument. Unless Borrowcr and Lender Agrec ta other term���f paymen�. thesc amountc shatt beur interest fram the��
<br />. ' - ' dateir�i disbursement at ihe Nate rate and shali be paynble. witiY intercwt. upon nc�tice irom L.ender tc�Borrower requesting •
<br /> paY�ent. -
<br /> S.Mortgage lnsuranre.If txc:der tequired martgage insurance as A randitian of making�the loan secured hy this Security ,
<br /> � � `� � � In:mument. Borrower shaU pay the premiuins requirod to m:�intain ihe �nortgage in+urance in effect. If. for any reason, the +;'`
<br /> �, t� rtsaRgage insurance coverago requircd by Lcn��:c iapaes ar cra�es ta be in effcv;t.&�rrower�hal!pay the�prcmiamy required to •
<br /> �-�r``; ohtuin cuvera e s�r.tiall utvatent tv th_•.��Vct a e insuranca rerinusi in effect.a�a cnst tiubstunti�t!+�e unatent ta�he• �
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<br /> � ,� cose�ta Borrawer c�f�c;'�e mongage insuranre previnusly in effect. Prnm un altcrnatc mortgagc insurer appro�'od•by'�[�dcr. If�� �'. `t�
<br /> ' . �� subtt2rti3lty equis•�!er.t mo»gage insuranre cnvcrage is not avAilahle.�&yrrm�•cr�hall pay to l.cndcr cuch mcnth��2�sum��l�tu�<< �:
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<br /> ancrtwelfth of the�i::cly mortgage in.r•uranco premium bcing paid by�rrotivcr«hen thc insur:mrc rnvcrege�la�'s{d di�ased to'�. �
<br /> _�,"e°.�"` •1 Gd in effect. LenQef��itl sccepl.uso s+nd retain�P�ese paymentv i�. u los5. rescr�•c in�licu of mongnge inaucu�ca: l.ukc reserve � . �,
<br /> ,, tr.; � . � fam 3028 9/90 �' .
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