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<br /> ' ° �u � ° S. H�rd or Prn K lasunnce. Hormwer +�hall kce �hc im mvemcntti now cxix�in �►n c�rcAftcr crect� on thc T.. �
<br /> . . ,, Pe Y P P B �=,.�s�.�-=_—
<br /> ! , � propcAy insurcd uQuin+� luzs by lire, haiardx includeJ within�hc�crm "cxtrndcd covcrugc' LnJ uny i�lhcr hui�nlx, includin� �.�.� , : ,
<br /> � � ^°�� ' ��� flnodx i�r f1�Kxling,fi►r whirh l.cndcr rcyuirrti inruruncc,7'hi,r inr�urwuc�hull Ix mointain��l in Ihc unw�unt.ui�l f��r Ihc pc�i��dr '���'--
<br /> ' , �` '''�`' tlwt l.cndcr rcyuir�w. T!k imuruncc currier proviJlnK lhc in+urunrc +hull i+c rhu.rcn by li��rn►vrcr +ubjcct��► lAndcr'+uppuwul �3}_,.`'.�_'=r---
<br /> whfch fhull u�N Ix unr�uu+n+bly wiihheW. If q��rr��wcr faila to maim�in r�►vcrugc Jcurita�l uMwc, l.endrr muy. u� L�nd�r'x
<br /> ' ^ .. optiun,ul+tuin rovcrugv w pmtcct l�nd�r'x righ�.r in thc Prupcny in vcc�►rdunrr wi�h puru�troph 7. �-"�"'�"""�
<br /> � All inruruncc{x�liri�s ancl rencwulw�hull Ix:urccpablc tu l.endcr ond xhull includ� u�tundurJ mungugc cluuk. lAnJcr ��=,�6T'=-'��"_�
<br /> __ .... - �,�ull hav��h�right�u liul�th� �xdi�l"anJ rcncw•als. I!'l.cndcr reyuircs.Borruwrr+hrdl promptly give lu LenJer ull rerript.��f �-�- :_=__- _`"-
<br /> ° • : , pafd prcmiums and renewul�x�ticcx. In thc evenl uf luxr,&�RUwcr stwll�tive prompt n��dcc ti+the inxurunre rarri�r and l.etNler. —
<br /> '� ' ' •• Lendcr rrwy rnakc pnwf uf lu�ti if n�►t mwlc pmmptly hy&�rcowcr. _
<br /> • Unless I.cndcr unJ&irrowcr othenvi+c agrcc in writing,insurance pr�wr��ts tihall t+c s�ppli�vl to resa�rLtian ur rcpuir�if�hc .,��; �: __
<br /> T • Property damagal,if thc rcs�orutiun or repair ix ccun��mfcally fcasiblc ond Lcndcr'�kcurity is not Ic�u�neJ. If Ihc resturutiun ur ��Y�"�``
<br /> ��. repair is na econumically fcu�iblc or Leixler's,��urity w�iuld be Icssencd,the in�urunce pr�xc��l.shall bc upplial to the sums .:� .�•�.y�.�., -
<br /> .. �az:.r:x�vw.:+t,:.
<br /> ' secured by thiti Securily In+trunxnt, whethcr ur n�t then due, with uny excess p•rid to &►rcuwer. If Rorrower abanJ��r►m the •: �, n •• _
<br /> ° Property,ar doc+not unxwcr wiihin 3Q days u noticc from Lendcr thut thc intiuruncc curricr has uffcr��l to ktdc u rluim, thcn • -
<br /> Lender muy cuUect the insurunce pracecd+. l.ender nwy use the pracecds tu repair��r restore the Property ��r ta puy sums �•�.�
<br /> �,J��.,. � �
<br /> , securcd by thir Sccurity Inslrumcn�,whether nr not thcn due.The 30-Juy peri�xl will bcgin when the notice is givcn. . •s•,,�..:�,.�_:�
<br /> Unless l.ender and Borr�wer othcrwi�e ugrec in writing, ony applicution of proceeds to principal shall not extend ur � ��` '�- �
<br /> .. '��•��°�u-
<br /> • pnstpone the due date uf'the mc►nthly payments rcfencd to in paragraphs 1 und 2 �r ch�ngc �hc umount of�he paymcnl+. If ,..�;;,.,,s..—��:
<br /> � undcr pa�agraph 21 the Pmpeny is ucyuircd by Lendcr,Bcttrowcr's right to uny inxuruixe policic�und prixecJz rcxulting fram ' "~"'
<br /> � ,, � ;.;}�`!�'• damogc to thc Praperty prior to ihc ucquisition shall pass tn[.cndcr to thc extcm of'thc xums s��ur��J by thi�Sccuriry Intitrument � ; �..�,-___,
<br /> . immcdintcly prior to thc ucyuisiticin. "�°f-Y01"'�-
<br /> ,. � 6.Occupancy,PreiservAtion. MAfnte�ance And Protection of the Property;Barrower's I.oan ApplicaUon;Leasehaldti. �� � ,; �
<br /> ' � . Bonower shall occupy,establish,und use�hc Property as Burcower's principul residencc within sixty duys after thc executi�m of ' -4 �
<br /> this Securiry Instrumcnt and shall continue tu�xcupy the Propeny us Borruwer's prinripal residencc for ut Icast nnc year ufter , � '•y`°~�-
<br /> � � .,� :�. � the dnte of occupancy,unlexs Lender otherwise vgrces in writing, which consent shall not be unrcusonably withheld, i►r unless ' '����;��P
<br /> extenuating circumstunces exist which ure bcyand Barcower's control. Borrowcr shull not destroy, Jamngc or impair the , `'�w��.
<br /> �.,��i•',�:•� Property. ullow thc Propeny to deteriorutc, ar commit wus�e on the Pn�peny. &►rn►wcr shrll bc in d�:fuult if uny fi�ri'ciwrc �'�` r
<br /> ..' • action or pr�ccding. whether civil ar criminul, ix begun that in Lcnder's good faith judgment cuulJ rerult in forfeiwrc of the �. ;;�+�,,
<br /> Property or oshcrwirc muterially impair thc licn crcutcd by this Sccurity lnstrument or Lcnde�'s security intcrest. &�rruwer may '••
<br /> cure such a defuult unJ reins�ute,as rrnided in uru �u h 18,b causin the action ur roceedin to be Jismisx:d with a rulin • �w•� °•• n
<br /> P P S P Y S p B g ;�..,,,�;:�,
<br /> __—' '-�_'= - t ha�, i� L cn drr',�u.,� i'a i t h .i�t�r n i i n a t i��n, prccludcs Forfciturc of thc Sorrowcr'� intcrtst in ihc Pra p crt y or othcr m:sieris! ^� = ` �- �j
<br /> ..�,.....'`',
<br /> �� im pairment uf the lien crca�ed by this Security Intitrument or LAnder's ,ecurity intcre�t. Bc�rrower shull �Iso be in default if _
<br /> . Borrower,during thc loan upplication process,guvc mutcriulty fulse or inuccuratc information �>r s�atements tn l.endcr(or fai lc d ���`' 1���`•L"
<br /> • to pravide Lender wi[h uny materiul inforniation)in connectiun with the I�►un evidenced by the Note, inrlu ding, but nut limite d �, •'�� `
<br /> . • to, repr+�sentations concerning Bnrrower's�x:rupanry of thc Pruperty as u principal retiidence. lf thiti Security Inxtrument is on a � �-
<br /> Icaschold, Borcowcr shull cumply with all Ihc provisiom nt' thc Ica,c. If Borrowcr aryuir�w fcc tidc to thc Propeny, thc �i
<br /> �..
<br /> Icasehold und thc fcc tiUc shull nnt mcrgc unlcss l.�:ndcr ugrccs to thc mcrgcr in writing.
<br /> 7.Protecllon ot'Lender'!�Ri�iNs in Ihe Property.li'&irr��wer fuils lo perfiirni the covenants and agreement�c�mtuinal in � :
<br /> this Security lnxtrument, or thcrc is u Icgul pnxuJing thut muy +igniticantly uPfcrt I.ender'ti rights in thc Pmperty (such•rs a ' '
<br /> , proceeding in bankruplcy,pmbate, for condemnu�iun or!i►rfeiture or t�i enti�ree luwti ur regulu�ionx), then L.ender muy do:u�d :,__
<br /> , - � puy for whatever is neceti.ury io protect thc value uf thr Pro�xny und Lcnder's ripht� in the Property. I.ender's artions muy � � ��.�Y-__
<br /> ' � include paying any sums urured by u licn which hus priority �wcr �hiti 5crurity Instrumcnt, appcuring in cuun, paying i • -
<br /> rcusonublc uuorncyr' fees und entcring on thc Pri�rty to nwkr rcpairti. Al�haugh Lender may Iake action unde�thix puragraph � y� -`
<br /> 7, l.cixlcr J�xs nat huvr lu dn�o. � ,_
<br /> Any amnunts afishuned hy Lcnder unJcr ihi. p•rrugraph 7 ,hull herame udditi��nal debt uf &�rcower securcd by this ;
<br /> Serurity Instrument. Unlcs�Borruwcr unJ Lcndrr ugrcc t��othcr tcrni.ot'paymrnl, thc,r ami�unt� +hall lxur intere�t from thc
<br /> Jutc of Jisbuncmc.nt at thc Nntc ra�c anJ shall tx: payaMc, with intcrest, u�xm nuticc from Lendcr to Borrowcr rcyucsting x. ,ti
<br /> ,��-
<br /> � paymcnt. � . i::. ..,..':
<br /> , r$.L
<br /> 8. Mort�a�e Insurance. If l.endcr rcyuircd murtgagc in.urunrc a.a runJitiun ul'muking�hc lu•rn secureJ by this Security � ;+`.�':�vs�°.
<br /> Instrumcnt, Bnrrowcr shull puy the prcmiwm reyuircd tu maintain thr mongagc in.urancr in cttcct. li', tiir any roasiin, thc � ._
<br /> mortgagc inxuruncc covcrngc reyuircd b�Lrndrr lap.�,ar rra,c.r tu hr in�ffc�t, Harr����c�.hall pay thc premium�rcyuircd tu � �
<br /> obtuin covcragc suB.rrntially cyuival�nt to thr mortgu�c imurancc prcvi��u,ly in ul'fcct,at a�o.t .uh.tantially cyuiv�lcnt to thc
<br /> cotit to &►rmw�r af �hc nHirigugc inxuranrr prrviiiu,ly� in eff'�rt. I'r��m an al�ernatr nN�rtEu�c in+urer uppruvrJ hy Lcndcr. If
<br /> � � whstuntiully cyuivulem mort�,agc inruruncc raveragr i,nut avuilaMc, Burrua•rr+h�ll pa. w l.�nJcr carh month a+um cyural tu
<br /> onc-twclph nf thc ycarl� nwrtga��imurun��prcmium hcing paiJ bp Burrowcr��hcn thc imuranrc r�wrragr Iap,cJ ur cru�cd to
<br /> bc in cffcct. l.endcr will;�crcpt.ux and rctain�hc�c pa�•mcm�a� a lu.. rc,rn•c in licu ul' na�nga�:c in,urancc. Lu.. rcxrvc
<br /> Fam 3028 Y190
<br /> Pap�J nl g
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