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<br /> �. Y���:�•;7 a,; �.atip:�ay F<<�.s�:v.�c:{•�. Y;c�r�riv�:r r.S��dl l,c�j► tT.^.ni�r�;zsavcn��nt�� �ivr� �xi�Un� or Iic�:::+Mr crccstc�t on elio �;-
<br /> Wra�xxty in:,urccl Against loss by fire, hazarc�s ineSude�l with€n tRe tern� "exte�tdecE cnvernge" und nny otht,r Prz:c�rd9,in�ludi�g
<br /> flaids or klnoding,far which Ixnder rcquires iA�.�urance.'I'his in.sur�nce shall bc mainxainai i�the anbu►�t9 ae�d for the pedad9
<br /> that Lencter req�aires.I'fto insura��ee carri�er pravlding the in��rntx:��hai! br,cl�uhr,n by Barrower 6ubjeCt to f.encleT's ap�mval
<br /> which shull noc bc unrea�onat►ly withheld. If Borrowor fAils co mairnnin cover�ge dc::cribeci above. C.enrir.r may. at Lender'e
<br /> option,ohtein covcragc to protect LRnder's rights ir�the Pt»4�erty in�+c:cordimr.�with�ra�agraph 7.
<br /> Aii incunnee puli��iey.u�u rri�ewuls si►�it Lu�t�t:ctil�ia�.::cu lx�:cia+asd s:�nl! inclatdc a s?andar�i mnrt���e c1�-!�s-. lxn�ler
<br /> ah�U havc the rIBht to ha1Q the polici�s a�xi rnxwrla. If l.c�xl�r requires,i3arrower shal[promCitly sivc t�•lencler w!1 roceipts of
<br /> �id praniumc aml renewel notices.In the e�ent of la�ss,&►Krower shall Kive prompt nntice to the insurrno�e carrier aix! �.ender.
<br /> L�:ndar mHy makc pro�f af lass if rxlt m»da promptly by&►nrower.
<br /> Unle�.�I.�:nder and 1Barcowcr otherwise ag�rc in.wcitin�r,insurance p�n�eds shnil br,a�tplir,d to rest�n3tiox�or rcp�ir of thc
<br /> Pn�pr:ny d�imaged,if ttx.restorati�n or repair is cc.onam�r,all�fe:uiblr.and I.en�icr's sec:udty is nnt dassenrxl.If�the resto�tior.►�r �
<br /> repaic is rxx eaznamir.�►li.y f'rxsibic oc Lx►xler's cc�curiry would t►+,Ie,�.s:.r�r.s1,th;:in.uram.r.preeer.ds sha11�x a�tiplfec�ro t�e somv
<br /> stcar.ocl by tF�is Security ln.unirne:nt, whettu;r or �t then dua, with any excr�s p�ti�! to Bonrower. If Boxraw:r a�barKtans ifv:
<br /> P�1�pr.rty, or d��s not answer withire 3�days a nc��ice froire [,eixtr,r that the:insurance carricr hus o£fered to settic a clnim,tis�cn
<br /> G:ndr.r m�y rnlir.ct the insurnnc� pra:r.als. 1.r.nder may use th.:pr.axedr to rcy�s�ir o�r restore tf►e �'ro�.rty or to pr►y su�rs
<br /> scc:uRetl by tF�is St.�cur.ity 1(nftxumr.»t,whcth�r or nat thr;��dur..The 30-duy peri«i r�•ill ix:gin whr.n d��:�Mtice is given.
<br /> Urtfr.ss I�rnier urtl T�,rrowcr ott►crwise agrr�: in writing. any spplicatin�s�f,proaxds to priru:ips�l shzll�x,t extend or
<br /> pr�nt�rn; tiu:dur.d,�►a oP�I�n�anthty �snymr.nts referral to in puagrephs ! andl 4 Qs changc tlu; amnunt of thr, paymr.nts. if
<br /> uncler pnragroph 21 th� Proparty is acquirai by I.erxler.Bormwer'F rlght to any insw.����iaes and praoals resulting i'rum �
<br /> dun�ge to tho P�aptrty priar ta the acquisidon shull pQSS to l.ertder t�tt�e extent uf t2s�sus�c�seri�rod by thie Sr�curity lostrume�x
<br /> imnxdiatel�prior to thr:acqaisirion. �
<br /> 6.Oa�pu�cY,R'r�oerv�tion,Mai�na+�5�Y'�ncectbn ot the Pr+��iiy'3:i�utrawt�r's I.oan Applieation. l�boidr.
<br /> F��rmwzr thalt occapy. Ca1lbi.ish.�nd use the Property as Borrower's�rincipal residence wittsir sixty days after the eaxution of
<br /> this Securie�r InstrumeRt and rh�d1 ca�nt:�it�eo occupy the I'ro(x.ri.y as gortower's pein�:ip�1�resiur.nce for at least one yr.�,r-�,!Ftet
<br /> the dste r.�'�•v-•,cupuncy, unless Lendr.r c�'c'�orwise agrets in writinII,which consent shall na�iw�un��a1Y withhoW,�:ur�ir.s�iras
<br /> extenunting ciccumstences exist whicA.wra beyor� ?'�orrower's ooratmt. 8orrower shall nof destroy, dama�e�csr im}ielr fhe
<br /> 9�`r�Zr��, allow the PnHx:rty tQ deteriaTate. or rn��z�it wastc an the P�c�ty. �iarrower shall br in dc.faik;�:'ff sny forfeiture
<br /> �,,;;p�i�r.Qa,�tove�ding,Wh�ItIC��tt+il ei���r,iminal,is f��un thar in LenAer's�oad faith judgment could�es}11i:�=�forfature of the
<br /> Pt+�pereV;i+i��athenwiu rn�trrinliy imQrxd�'s t:ne licn created by this Socurity Gutrument or l.end�rc.'s sxurity i�tencsl.Borrowtr m�y � �
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<br /> cura sva�;A,tkfiult and reinstata.:��i`t0ed in pxn}traph I8.by caasing tne action or p��iiing io oe cii�ssou wiii.x iuu,q�
<br /> tha�. in C:�cr's ga�d fnith cktemninati6�. preciudcs forfeiture of the Bo�rowcr's intFr�at '�a the �'ro}�(ty or other mM�rial •
<br /> `ii��taim.�r,nt of the lintt t�reateti by this.Security Instn�rtx:nt ur Lendec's socurity ihtcrest. �rrower shaid.r`I�b� in def�,u[4 if •
<br /> 8or.rowcs;�dwing the Ir�g,n appiicatian pracess,gave rn,ateri�lly falst or itwccucatc informa�iu�or statemei�ts a+�:[�siiec(cx failed •
<br /> to pKr,�vw:l�e l:caidcx wlth any msterial ir,.cnra�at6on)in connoction wit�the!a►n cvidencod by t3�-Notr„includiri�,btn nac li�it�d '
<br /> W,�c;I�tiMicros co+ioetning&xcowcr'soocu�x►ncy of the Property as a principal rwida�ce:::.I�'ihts Socurity Instrsimcxrt is•'%e�na
<br /> teaaehold, Aaro�vu shall ca►�►ly with �ll tho provistons of the lease. If Borrower acqlu:aes fee tide to the l'roper�(,,;.?i�
<br /> leaiodwld�rd tl�e foe titk ehadl nut m;rgc uca(ess C.eni6er agKCS to thr:mcrger in wdting. � •
<br /> 7,�'tbtec�od o[L.�ier'e W�ts in t�e P►t+�t�tt�.If Horcower fvts to po�torm�he co.ve,r�antF and�ioc�mrnts containai in
<br /> lhia Security-[nstnunent,or ttwre i9 a�i��,�proa'odinq that ma.y,si,�nificantly affcct L.e�ku?'a�ap�ta in the F'roperry(auch as�
<br /> pmoceding.in l�ankcuptcy,protwtc, for�q�'r;�dcmnation ur forfeitu�p�or to enforce laws or��;r�b<<ti�ns),then l.eider nu�y db au�d
<br /> pay fa whutceer is'nec�s�rgf ta�protect the vatue of the Pry�erty and Lender's rightq in tlie l�bper�y. l�erKla's ktic�n tmy
<br /> it►cl�de pnritq� any emuts secured by a lien W�hich h�.c ��tiority ovcr this Sec.u:rity [nsuu�ment. appa�rar�,t;.ir� cou�t, paYing , �,
<br /> m�wnMble attaneya'fi�e arKi raKering on the Properry ta meke re��irs. Altbc%ig��ndor n�y wko action�,�r;da tk�i�parognq�h
<br /> 7,I�ader cWes net tave to d'o sa ;'�'.
<br /> Arc��xrlmunts disbcrsed by I.erxlcr undcr this paregcaph �.shall beoome �ddidoanl,dabF vf Bortnwer sxurcd li;� t.�i�s
<br /> �rity !'tkatnrma�t:Unless Hocmwer uod i..endcr agree to othcr'te�u of paxment, thtse nr�ux►uts s1w1A bea�'int�r�t �i*i�'�ci:�e ,
<br /> date of dishu�vanam ar the Note rate and shall be pay3hle, wfth intcxest,���an nocia from Le�rler to Bo:rower t�ticig '" �
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<br /> 8.Mnrtlp�c It�nnce.I#I.x,�r�der roquicr�id.mongngr, ia�c�as a cnndition of rrwking ihe lou►se:.u;�od by this 5ec�rity
<br /> - (nsucumrd�;. Horrower shall pay Uia�Sremiun�s requinxl to c�ic�^�tiii�the mortgage insurana;in effect. I�',t'or eny s�hn. tha
<br /> moct�m:r^�xuiasx�cove,7agt requi»cct�&^y L,ender lapses or cea"sc�tt:�bc in cFfoct.Borrower slwli p:ip e1`iC psauiiurns rc+rairtd to
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<br /> i ' .,��;,abt�in c»vtragc su6droandally eq�iivalant to thc mc'�ct;��ge insucana'previrws�y,,l;r.4ffcct,at a cost suir�.>ts.bzing:l;�i 2quiv�lent to th� .���. ti
<br /> • : oo�t to Bornhwer u1'tl�ts;.mortRage insurance ptcvioutily in eRoct, from an ai��snwte moctgage i�surer rr�.rtnyod by L.endcr,If ,.
<br /> : sab�wui�lly equivalcz�c..,xrtg�,,ec ins�usuvx coverage is not avraileble,Borrower shali pay to L.cnder each month a.sum aqual to '
<br /> . one-t�vr{i�ti.�wf thP yeRrt�:;e»�crtg�e'ii:i.aitance prcmium being paid by F3orrower when thd insunnce cuvcrage•lapsed or�ased ta
<br /> bC in c[i�:.�1.l.eixkr wi�t,9:;ttgt,�.;..;s,c�:�ititain tl�ese paymeats as a loss reserve in lico of rr.ortgnge insur.enee. I.A�s:.zeserve ;
<br /> • ' . wrm 34� 8/90 .
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