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<br /> • ' �6" ���Q'��) LOAN N�. 1 5 3 9 2 1�O 5 F1
<br /> f Afl lnsurance pd4cies and rnranv�f3 al�a:i�o YGC4pt3b:a to Lcnd;,r�n�sh�if in�fu�e a sian�.ir�ma:�aga ct�uca.
<br /> i Landar shati have the�hi to hoid thA pollclas e►xi rer�ewale.It Lander requlros,Borrowar shdti p►omptty flivo to Lwed�r
<br /> � a1!recetpts d pak!promiuma and r�nawa�noilco&.In the r,vant ol loss.L orrower sha11 give prwnpt notice to the
<br /> ! insuranoe car�lw and Lor�der.Ler�dor msy mak«proof d toss if ttiW mwd�PrompUY by Sorrower.
<br /> !� Unfess Le�de�end BorrowQr oYht=rwiso a flroc in writlnp,lnsurence proceeds shaU bo applied to nsioratbn or repair
<br /> ot the Property damage�,If ttw r.-►sta�atlpn pr rc�ir!s ecor�omlcally teasl6�ie arxl Le�ar'�aec►�•ity ts not M�se�d ��the
<br /> _ i restaratbn ar repalr Is not economically feasible or Ler�der's secuHty woW�6a IQSSe�ed,the Ins:uence p�ncQeds sha.l _
<br /> ; be app{ied to the surr�secured t�y thts Secwity f nsirun�ent,r��twnc�r or not ttwn due,w�h any excoss pakl to�rrawa+�.
<br /> It Borrower absndons the Property,or doss not answar ur�hi�30 days a noiica frarn Lender that the Insurance carrier
<br />�i�� � has oHered to settle a ctatrr�,then Le+ider may cWloct the Insurpnce proceeds.Lender may ustt the praceeds to�epak _
<br /> .•� � or resiwe the Property or to pay sums sacured by thl9 Sacuriry Instnrmcnt,whether or not the�due.The 3Q�day parioti
<br /> _ wii!beyin when the notice Is�lven.
<br /> UNess Lende�and Borrower othenv(se agree In writing,any applicatbn ot�xoceeds to principal sh�ill not exteRd or
<br /> postpone the dua date of the monthly payments�eferred to in paragraph,t and 2 or chan�e the amaur.t of the
<br /> ° r payma�ta ff under paraQreph 21 the Proparty Is acqufreti by Lende�,Borrower's ri�hi to any Insurance polic{es and
<br /> , x proceeds resulting from damaga to tho Prapeny prior to the acqutsitior�st�all pass to Lender to tha extent of the sums -
<br /> secured by thts Security Instrument tmrnediately prior to the acqutsliian.
<br />'�• 6.Occu�ncy�Presa�vatlon��Aal�ts�nc�and Protection of th�Propwty;Borrow�r'�Lan Applic�tku�;
<br /> Leassl�olds. Borrower shall occupy,esWblish,and use the Property as Bortower's prt�cipal rosldence wkhln sbdy;days
<br /> ,� after the oxecution of thts Security Instn�mant and shall continue to occupy the Property as Borrower's pr(�c(pal
<br /> residance fot at leasi orie year after the date of accupanay,uNess Londer otherwise ag�ees tn writing,whkh cauer�i
<br /> shall not be unreasonably wdhheid,or unless eXtenuating circumsiances exist which are beyond Borrower's contrd.
<br />:� Borrower shall not destroy,damage or ImpaU the Properry,a!!ow the Property to deteP�orate,or commk wasie o�the
<br /> Propeny,BorroNrer shall be in defauit if any torieiture actior�w proceedtng,whether civi!or criminal,Is begun that(n
<br />`� LendeCs good taith judgment could result in forfeiture of the Property or othervvise matoria!!y Impatr the lien created by
<br /> � this Sacurity InsWment or L.9nder's securiry Interest.Borrower may cure such a defaWt and rel�state,as providod tn
<br /> pa�ragraph 18,by cau�tng the action or proceedfng to!ae dismissed wah a ruling that,tn lender's goad farth
<br /> � detertnlnation,prec:tudes forfeiture of the BoROwer's tnterest in the Prc��erty or othet material impatcmen2 of the Ilen
<br /> created by this Sectuiiy Insirument or Lender's security interest.8orrower shall alsa be in deiatiit if Borrower,dur(ng the
<br /> toan appiication process,gave materiall}�falsa or inaccura:e infortnatia�w statemer�s to I.ender(or iailed to provlde
<br /> Lender wrth any material tnfomtiat{on) in connectbn with the ban evidenGed by the l�oce,indudirag,bui not Ifmitad to,
<br />� representatbns conceming Bormwer's occupancy of the Pr�,peny as a princlpal reskfcrrice.if tt�Es Security►Instrume�nt is
<br />_- on a leasehdd,Barower shat!compty with aal the provisior►s oF the lease. If Borrower acquires fee tide to the P�operty.
<br /> � the leasehoid and the fee title shatl noi merge uNess l.ender ag�ees to td�merger(n wrliing.
<br /> �� 7.ProtsctioR et Lend�r's Rghts in the�rapaty. If 6urrower fa�s to perform the covenants and a��eements
<br />:� contained In this 5�,�.�rliy InsZn�rt+ent,orthere is a legal prcc.^Beding that may 5ignfficantly affect Lender's rights in the
<br />:� Pro�erty(sucn zs 3 Froceeding in bankruptcy,probate,for coridomnatlon o�forFe�ure or to enforce taws or
<br /> �� rec�u�ations?,therv(�nder may do and pay for whatever is necessary to protect the value of the Propeny and Lender•s
<br /> � Rg�in tha�r�+-�j. L.e��xler's awb�u mary include paying any sums sectued by a lien which has pNority over thls �
<br />�' Sectuity I�utrumerv�appearing tn coun,paying reasonable attomeys'fees and enterinp on the Propetty to make
<br /> - repal►s.AtthouDA Lsnder may take acibn under this parayraph?,L.ender does not have to do so.
<br /> � �w Mw diw4.•• w.�{. � J..� J�� 1� L L_1��"'_' ���.�_ �
<br /> - -- = S:�j..Si'.:.v..w v.wiw'roaa v��viwsv��ii�c+a uiN Na�a}jia�l�t►':1t1fL�Ytl4Lltltl iJt]tJNM.11 WI t1tlUl Q tipff�WB�S6CU� --
<br /> -_ tilis SeCU�y tnstrument.UNeSS BortoWer Srtd Lender 8g[6e t0 Otiler tefmS OF paylTt6nt,these flmountS Sliall b6dr
<br /> � lnterest from the date of disbursement at the Note rate and shai!be PaYabte,w�h tMefest,upon notice from Lsnder to
<br /> — Borroa+rer reyt�siirsD PaY��
<br /> —. 8.�IoRQs��Inwrance. If Lender requlred matyage insurance as a conditlon of making the�oan secured by this
<br /> Security Instrument,Borrower sha�l paythe premium,requked to matntain the mortgage tnsurance tn effect.if.forany
<br /> rea�on.the mottgage In.surance coveraga requtred by Lender lapses or ceases to be in eifect,Borrower shaN pay the
<br /> premiums�equked to obtain coverage�nUaUy equMalent to the mortgage insurance pre�vlousty in effect,at a c�st
<br /> sub�r�iallY e4uhrale�t to the cost to Borrower of the mortgage tnsurance prevbusty tn effect,fram,an aftemate
<br /> — mort�aye insurer a�proved by Ler�der.N substaniiaAy eqitivalent matgage insurance coverage is n�t avaitable,
<br /> — Bort�ower shall pay to Lender each rtwnth a sum equal to one-twaifth of the yea�iy mortgage insa:r3r�ce premlum being
<br /> paid 6y Borrower when the insurance coverage lapsed or ceased to be tn effect.Ler�der wi11 accept,use and retain these
<br /> P�Y�S as a loss reserve in 8eu of mortgage Insurance.Los,s reseNA payrr�ents may no longer be fequired,at the
<br /> optbn of I.erider�i�mort�age(ns�,trance coverage(in the amount and for the perbds�a2 Lendei requlres)pro�vided by
<br /> — an(nsurer approved by t.snder agatn becorn�avayable and is obtained. Borrower shail pay the�premiums required to
<br /> — makitain n'�o+t9a9e insurance tn effect,or to�ovide a loss raserve,u�il ihe requlremeni for rract�ye(nsivance ends
<br />— in aocordance with any wrdien ayr�between Borta�wer and Le�der or appUcable law.
<br /> _ 9. trqp�tioc�. Lender or�s aga�t may make reasor�abte erriries upon and lnspectlons of th¢?roperty. Lender
<br /> — st�all give Borrower notice ai the time of or prior to an Inspection sPecifyin9 reasonable cause for the inspectian.
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<br /> NfE�iA�SKA-SiNGIE FAMlLY-FItM�/F1ILMIC UIJtFOAY IiiSTRIl�IENT FORY 302a i/90
<br /> � I,SC/CAH]TNE//0792/3026(9�90j•L PAGE 3 OF� � r � .
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