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<br /> � � puiods tb;,t i�ada reqo•�es. 'lire in��nue c�ria prton►idioa u,e insar�oe sb.0!x c6ose�,6y Boao.�er aubj�«tb La�ddr8 � :
<br /> . �ppwat w6ictr ehtli oot 6e aorcasoa�btY wri�bdd- �f Ban�orMer fails ub a�uctiio ccva�e descn'6ed�bove.i.eadermsy.at <
<br /> i.eader�s apiao,abtsm covetaae to p�uecK I��s righs ip tbc Fcope�ty in atxo�d�eon v�th p�raEtapb 7. - ,
<br /> _ All�P�aod Qeee�vals s1�B be-aoceptabk su I.eoder aud shall include:saoda�d uso�t�ge ctaase. LeMa
<br /> . �shall l�ve the riaht to vdd We policies�d ienervats. if I ender mquit�,,Boa�ue.�sl�all p�omptlY Sive w f�a�derall i�ecxipts.
<br /> , af pLd p�emiums aad�enewai noac�s. In die evetu of Wss.Bamwa s6at1 give pmmpt notice w the iasu�nce c�irier and
<br /> � Leader• L�endermaY mat�e Proof of lass if ax made p�ompdY b3►Bon�a�rer. ,
<br /> � shtili be to iestornian or ie�air af
<br /> �7Ness{.e�and 8oc�awer athec�rise agtee ia writin8.'in�a�oe Ptocads �PF� -
<br /> , ��� dre drnaacd.if tbe iesfuration ar nep�ir is ecmanicaliy fas�k aod Lendtr's security u c�t t�sened. If the
<br /> n�tu�n Ya tepair is not a�omicaIIjr fem'ble or l�r�sa�uiry waaid be ks�ened.the insun�ce pcnoeeds shaU be
<br /> ���pplied tv t6e su�as seai�d bY tbis SecuritY L�stctntrcn�wixtHer or na then due,with any excess paid to Bbrsovrer. It ,
<br /> Batowa a6�deas die Ptoperty.or does na u�swer wit6in 30 days a aotice fmm �nda tIut tltie�e�rier iu�a
<br /> a@'eied ta sdtle i claim.d�rn Lader maY colkci the insa�ce psucads. Leader may use t6e p�oatds to�ep�ir a�estate .
<br /> �p�ny�r�o paY aums secu�ed by this Socur;ry Instmmecu.whetber a not tlren due. The 30�dsy period'w�!Degin whea .
<br /> f., the na6ce isgivar. - sh�U na extend a
<br /> - Unkss L�eoder.�d Bamwet otheiwise agne ia wtitia&�Y BPPlicsuion of proeeeds to princiP�l .
<br /> postpone t6e doe date of the mouthiY PaY�a���O�P��1 aad 2 oc change tbe�momt of the W�6ng
<br /> ' . ymder paragaph 21 t6e Ptopeny is acyuited by l.ender.Bonuwers ngdt co ady L�s�uaace policies and pmceeds
<br /> from d�na�r to tbe PmQettY Priar'w the a�wsiUon shail p�s w 1�to tl�e e�tk�t of t6e swas secuRd isy this Security
<br /> - � L�saaa�E im�diately Priar to the�ccNuidon.-
<br /> . f, pe� Pe:serva�ioR. Md�teas�ce snd Pcoftctioa of the Properqr: Baro�re�''s, l�o�o Applkatlon:
<br /> Lea�eloWs. HormRa s�a1t oavpy,establish.and ase the Ropercy as&xmwec�prineigal t�s�dence within sixty days atter
<br /> tbe eaecutian of this Soauity launttnan aod sbaU casuinue w oavpy the Pmpaty as Barower s princip��te.sidence for ae .
<br /> Iqst d�e)'e�afoer tbc dxe of occupancy. unless Letxkr adrcrwise ag�ees i�i writing, aitich vonsa�t shall r�ot ee
<br /> -- wueaso�wit/d�ek4 a u,�less exunuatiag c�nvmstat�ces exist which aiie beyond Homnwcr'�connt�l. Bo�ovrec shall nd
<br /> desrt+uy.d�m�8e o��p�ir��Y•allow tbe Propeny to deuriarata.or coaanit waste on die Ptopaty. Barovrer shall �
<br /> — 6e in defaalt if ang forEratut�e action ar pmeoeding,wliether ci�n'{oc ci�rai�al.is IxBun d�at in Lender�s good faith-judgmrnt ' -
<br /> coutd nsult?n foif'ei�oae of the Piropercy ar othenvise materiaUy impair tbe lien crratod by dus Security•I�xnniment or _
<br /> - — ����p�rt�s� Bomnwer may cu�e such a default and reiastato.as p�ai�ided in paragraph 1&6y causin8 the ac�°n —
<br />_� or proc�to be d'csnaissed widt a mling that,in lxnder�s good faitb dete�minatian.�ecludes fotfeiEU�of the Barawer s_,. —�.�.y-
<br />_- -- inte�est ia c1�Property ar other material impaim�ent of the lien cneaced by this Seeurity L�strument or Lender's seearity ---
<br /> intecese. Borrower shall also be in default if Borrower.dutltig the loan applica�ion pmcess. gave materialIy fatse or ��-
<br />:=s;�. ;naccurace infc�nnmuon ur sracemencs co 1.endec(ar failed w pmvide Lender witt�any mauciat infom,ation)in cormectiva witi� . _ _
<br /> - the loan evidenced b�the Note:including, 6ut eat timiud w.rePresentations conceming Borrowtr's ovcapancy of the --_�---
<br /> ptop�ty ac a princ�pa!residence. If this Security Instnunent is on a teaselwld Borrawer shall comply w��rlx pmvisfians —_-_-
<br /> of the kase.•;f Horrawer acqni�ea f9e tiile to the Property.[he leasehold and the fee atle shaU n��cserga sr'.�ss�ender ag�s
<br />_ � ; to the me�i�c.in writing. � � � . �—
<br />_-- + 7. .�i+utallou nl I.endtr s Ri¢ts in t6e Property If l�m+nwer fails to perfartn�e�covenatfts and agrxments
<br />- - ` cantained in this Secaciry L�stsumen�or there is a legal praceediag.tda[ may significantiy affect Lender's rights in the
<br /> ��`'' ' Property(such as a procading in bankruptcy.Fcd�ate+for condemnation or forfeituae or tu enforce laws ar iegulatia�s),t1�en =
<br />_ _ Lendec�ay do and paY far wfiatever is necessary ta protect the value of ttie Property and LenderA rights in the Propeny. —"' -
<br /> j I.ender's actions may uulude paying any sums�ured by a liert which has priority over this Sccurity Tnsuument.appear�S •. `i���--
<br /> in court.paying n�anable attomeys'fees and enter�ng on the Property to make repairs.Aithough Lcr�der maY taYe ac�� �'�T�-
<br /> ' � under this paragraph 7.Lender does not have to do sec �-;_
<br /> My amounts disbursed by I.ender under ihis�.-aragraph 7 shall become additiona!debt of Borrower secured by this �����.�
<br /> ` � Secutity Insavmen� Unless Borrower and Ltimder agree to other terms af paymen�these amounts shali 6ear intc�st from the � �:�-
<br /> i �• date of disbu�sement at the Nae rate s�d shaU be payable.with interest.upon aotice from Lender to Bortowa requespng '�'�:1,;
<br />`'` ( FaYnnent- v• .� ,
<br />":'� F,� � �. Mortgpge Insarance. (f f;�rder required mortgage insurance as a candition of making the loan savred by this -r�.;=
<br /> , � Secarity'(nstrumenr,Horrower stra�L•pay the premiums rcquired ta main�ain the martgage insurance in effec� If.for any �r• �,
<br /> ,; E reason. the mortgaa�e insurance raverage requ�red by l.ender lapses or ceases to 6e in effecc. Barrower shall pay the :'�: :
<br /> premiums reyuired to obtain coverage substantially equivalent ta the mortga�e insurance previously in effect. at a cost ,��;r
<br /> � � substansially tquivalent to the cast to Borrower of the martgage insurance pnK sously in effec�from an altemate matgage ,;..
<br /> tiali uivalent mort a e insurance coverage�s not available.Boaower shall pay to � �;� �'�
<br /> � i n s u r s x�r o v e d b y L e n d e r. I f s u b s t a n y e q S S , "`
<br /> L.cnde:�ach month a sum equal to one-twelfth of the yearly ma�age insurance premium b eing pai d by B o r rower w h e n W e ;�:_
<br /> 's, insurancacoverage fapsed or ceesi.sed to be in effect. 6..�der wi:Y accept.use and retain these payments as a loss asetve in lieu '�_�
<br /> � � of mortgage insurnnce. l..oss reserva payments�.v no longer be requimd.at thc aption of l.ender.if mortgage insurance T. :_,
<br /> • ` �! � coverage i�n�amount and for the perlod that�ir requires1 provided by an inaurer approved by l.endc�again becomes
<br /> � s►vaitable and Is abtained.Borrower shall pay t���'�niums reyuired to maintuin mortgage insuranre io eff�or to pravida a
<br />-• ` ' toss rese�ve.until the reyuirement feri-��t�e'in�urancr ends in acwrds+nce with any writr�n�r:'eemer:t between Barrower � -
<br /> � � and l,endcr ar applicable law. . '
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<br /> � � r. � 9 Inspcctlo�. Lender or its�;:r.t r.tay make reaconabte entries upon;u�d inspections of the PrapeAy. L.ender shall �� •
<br /> :;� � give Bonower notice a.t rhe time af or pnor to an inspectian�pecifying rcasnnable cause for the inspectian. t� �
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<br />':� - - 10 CanAemes�ti�ca: The prviceed5 pf any award ar claim f�r damages,d'r�ect or consequenti:�l,in cannection witb any E_ _
<br /> Single F.un�`-y..�annle�iaelFYMdie 61x UrIFUR�11�tiTRl':tT�tiT�•Uniform Cnven:uuv 9l90 Ipner 3nfh yut�e� �
<br /> � � �xeat I�n+HusNex Fms.tet.� ' •
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