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�`�l{�'..�7.�� • - �r. . - .. . '�' . - -.:��.=: <br /> -.�` _______ . ,j_�.. �� I����f1p�� yiJµ(�V� () • :�ti�. <br />:��� � . � � .. . -��_. <br />-'�,, -.- o-; 92-103�s - <br />_._-_._.a. �-.i@."�AtL� � <br /> - • periode thnt Lender►equiros. The insurnnce caRier providing�he insuruue sh�l!be chosen by 8orrower aubject to l.ender's <br /> .�,,,� approvAl which shull nat be unreASOnAbly wi�hhcld. !f Barmwcr fuils to maim�n coverAgc described ubove.Lrnder may,at <br /> Lenderb optian,abtain ooverage to protect l.ender's rights in the Property in accordence wi�h puragraph 7. <br /> --------.. All insurance policias and renewala shull be acceptable to I.�ender end shall include a swndard mortgage clause. Lender <br /> -�°'-'�_'�°`� ahell have dte rlght to hpld tlx po�icies and renewals. If Lender rcquires.Borrower shall promptly give to I.ender all receipts <br /> �?��;�``'"� of paid pnmiums arid ronawal notices. In the event af loss.Borr�wer ahall give prompt notice to the incurance carrkr and <br />/= --- �" l.ender. Lender may mAko(►raof of loss if not made prompdy by Borrower. <br /> .� A���,� Unless l.ender wx1 Bartower otl�crwir�c agrec in w�iting,insurance proceeds shall be applied to restoration or ropair of <br />=:�;- L"==-�`� the Property dumaged. if the rcstoration or rcp�ir is eronomically feasible nnd I.ender's security is not :essened if the <br /> - � restoretbn or repair it not �conamically feasible or Lender's security wauld be lessened,the insurance proceeds shall be <br /> � '�; applied to iha sums s�ound by this Securlty Inswment, whether ar not then due,with any excess paid to Sarrower, If <br /> __��!.-'`.;�.�� Bo�sower abandons the Aroperty.or daes not answer within 30 days a naace from l.ender t�at the insumnce carrier has <br /> - .E�!7� <br /> ,. affered to settle a claim,then Lender may collect the insurance pracee dy. Le n der may use the proceeds to re p a ir or restare <br /> �6��;4'� <br /> �;.. ��;+y;;�I,t the Property ar to pay sums secured by tMs Securiry Instrument.�vhether or not then due. The 30-day period will begin when <br /> -- ��_�_���_ thc natice ir given. <br /> � �;��.,_,;,, x�, : Unless Lender and Bonawet othenvise agrce in writing, any applicatian�f proceeds to princlpal shall not extend or <br /> `= �-�-�"`����' s� the Juc date of�ho manthly pnyments referred to in parngraphs I and 2 ar chunge the amount of�he puyments. If <br /> ----- _:-._�d�.�,:-::;_ P° t�►� <br /> �.'Y.����:'"�"�" under pungraph 21 the Prapeny ia ucyui�ed by L��Kkr, B�rrowcr'.s ri�h:ta any insurance policies und proceeds r�exuUing <br /> ' ,;�:�*'"�: ' from dumoge to Ihe PropcAy prior ta the acquisition shall pass to Lender to the extent af the sums r+ecurcd by this Security <br /> . v.., ...�. . <br /> �.��,�°p�„ Instniman�immediu�ely priar to thc ucyui�i�ion. <br /> �� ,:,r �.b, 6. Qccupwncy. PreservAtlon. MAlntenaace And ProtecNon ot fhe P�opertyi Borrower's Lam Applicalloni <br /> � >'���:�' "�.'-,, • I.es�eholda. BoR�wer shall occupy.estublish,and use the Praperty uz Borrower x principal residence within sixty days ufter <br /> � `�• � '° �����. __ Ihr execudnn of�hiv Securily Ins�nimen�und xhall continue to orcupy Ihe F'ropeny ux Barrowerk principul residr+�ec for ut <br /> "�i'���-����.:� Ieast una y�ur after tho dule af nccupancy, unlegs Lender Mherwixe ugrres in writing, which consent chull nut be <br /> _'.:.a;eE;,,..�,�,.�?acc . unreuzanuhly withheld.m unlesx extenua�ing circumtitunces rxitit which we t+eyond Bamawer�contral. Borrower ahall not <br /> destroy,dumuge or im}�nir the Pro�rly.allow the Pmp�:ny�a deteriorate,or cornmit wnste on the Prapeny. Borrower shall <br /> — �._.�,.:,_ .�,.G.s I�in datqult if any farfeituro actian or proceeding,whe�her civil or criminul,is begun Ihat in l.ender ti good fuith judgment <br /> i ���:� � ec►uld re�ult in iorfeituro of 1he Propeny or atherwise ma[erially impuir the lien a+eated by this Security Insuument or <br />:�.j Lendark ra;curity interes�. Bormwer mny cure such�►detault und reinti�ate,ax provided in pamgraph 18,by causing the action <br />_ �� or procaeding to be di�missed with u ruling�hat,in I.enderk good failh detertninatian,prccludes Porfeiturc of the Bocrower'.s <br /> __ ,}...�.,,,> interext in the Property ar other materiul impairtnent of the lien created by�his Security Instrument or Lender's securfty <br />�,�� , interest. Bomnwer �:hall s�lxo be in defuuU if Borrower. during the loan appltcetion proce4s, gave mnterially false or <br /> -- inaccurnte informution ar stalements�o Lendcr(ar fAiled to provide Lender with any material information)in connection with <br /> —° the lonn evidenced by.�he Note, including, but not limited to, repmsentations canceming Bortnwer's accupancy of the <br /> �*� ~�'° ' ' ��' Property ax a principal�rosidence. If this Security Instrumen�is on a leasehold,Borrower shnll comply with all�he provisions <br />=+���'-?��•_��_-=� of�he leuf;e. IP Borrow�er.acquires fee tiUe to the Property,the leuschold and the fee tiUe sha0 aat mergc unless Lender agrees - <br /> __.�- � -- - to thc mergcr in writing. <br /> 7. Protection oi I.ender's Rights in the Property. If Bortower fAils to perform the covenants and agreements <br /> ���•;sr:'`-.' contuinad in this Security Intitrument, ar there is u legul proceeding that muy significantly affect Lender's• rights in the _ <br />- . property(such as u procoeding in bAnkruptcy,probate,far condemnution or forfeiture or�o enforce luws or regulations).then - <br />_ . ��'���. [.ender may do und pay for whatever i�necessary to protect the vnlue of the Propeny and Lender:s rights in the Property. <br /> � •';�U'' Lender's nctions may imlude paying uny sums secured by u lien which hos priority overthis Security lnstrument,nppeanng <br /> ..., ,•,;,�;... <br /> � � in court, puying rcnsonablc uttorneys'fees und enterin�t on the Propeny to make rep:+irs.Although Lender may take action <br /> �e`_ ; ' ' • under thix par�graph 7.Londer does not huve to do so, <br /> ;.�_ • � ., Any arn�wnts dictwn:ed by Lender under this parugruph 7 shull become additionul debt of Borrower secured by this _ <br />.�•� • '•�;.,.,, Security Insttument. Unless Borrower und l.ender ugrce w othcr Icrms of puyment,these amounts shall bea�inrerest from the <br /> -- :'�%::';-� datc of dlslwnement s�l the Note rnte und shall be puyuble,with interest,upon notice fram Lender to Borrower reyuesting _ <br /> ,.•,:�,•.••�;• <br /> • � . pnyment. <br /> . . '��:�>1 � 8. Mortgpge Insurance. If Lender required mong�ge insuruncc a+ u candition of mraking the loan secured by this <br /> � . ,���-;;:" Security Instrumern, Barrower tihall pay the premium� reyuired to muintain the mongage insurance in affect. If, for uny <br /> ' �r;:,' �uson, the monguge in�urunce coverage reyuired Ay Lender lupxes or cruse. to be in effect. Borrower shull pay the <br /> ' .��:��. � premiumn neyuircd to obti+in coveruge substnnti++lly ryuivulent ro thr monguge in�urance previously in effect, at a cost <br />.- '."•�•�:',�;,; substuntiully eyuivalent to the cost to Borrower of Ihe mortgugc in+ururue previously in effect,from s+n altemute mortgn�e _ <br /> t' � �� insurer approved by Lendcr. If�ubtiluntiully equivulent monguge insurunce coverabe i,not uvuiluble,Borrower shull pay to <br /> �� �'•''�• Lender ench month n�um equul to onc-�welfth of the ycarly monguge insurunce premium being paid by Borrower when the <br /> � �"' inaurance coverage lapced or ceased to Ix in cft'ert. Lender�vill uccept,use and re�uin these payments us u loss reserve in lieu <br /> .,�. ' of monguge insurunce. Loxs reserve puyments muy no longrr tx rr�yuired, at �he option of'Lender, if monguge insurance <br /> -•"�'?•• cover�ge(in Ih�amoum und for the periud that Lrndcr require.l provided by an imurcr approved by Lender again becomes <br /> . � avAilubl�und ix obtuined.Bnrrower.hull pay the premium.rcyuired to maintuin nx►ngugr inxuronce in effect,or to provide A <br /> �. � ` 't;'';��� ` loss reserve,unlil the reyuirem�:nt for mortguge insuruncr end.in uccardance with uny writ�en agreement between Borrower <br /> ;,•;i;`';,:.. and Lendor or upplicablo Inw. <br /> ° ;:,:;.• , 9. Inspeclion. Lendcr or it.ugent may makc reurunublc rntrics u�x►n and iny�xctions oi Ihe Property. l.ender xhull <br /> � � `." ' give Bormwcr noticc sn�hc timr ot'��r prinr ta:m in�pcc�iun,{xrif)•ing r�aaonuhle cau�e for Ihe inspection, <br /> �• � !�' ��; •� l0. Condemns�tion. 71ie prcxecd.uf:my awurJ ur claim fur daniugrti.Jinr� ��r cunsryueNial,in connertiun with uny <br /> �:r'..�-� �. ;, <br /> � . Smpk Fumil��-•Fonnie Mre/MYeddle�1ae UNIF'ORM I�Iti'1'RCMF:N'1'--Ununrm('u�.nam. 9/90 (JhiA�t�N h�h��ccl <br /> - . ' � Great LNce+�&nlner�Fame.Inr.� <br /> . . , � . TnOrM�rl:oll-1�80DB8P9393UYAA81&TB41I:11 <br /> i <br /> i � . .n -.�_:..i`, ... . -.. " . . . . ..,....._. . . . . .. �, .._._ ._ .�-. <br /> . .��.t'. ' . . . ' . . <br /> . ' ' . . .',: ,' ' ' � <br /> ., � <br /> . '�• <br /> � <br />