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<br /> . � p�ib�:�C��dar�bq�. ThC�caakC p�vi�ux in�ance sbau be ciw�a ey ea�m�xr�jer�w ce+�a�et s°` �<
<br /> ` apprpvsi wbich sMU aot be�easoe�bty witld�eld. If Ba�tower fWs to maintain ca�veraEe des�ribed�bovc.L'ender rt�y.at
<br /> ' , ' .l.enderb optioo.abtaiacaMetagc to p�vlec.t l,cr�der's riahts in d�e Pt+opecty in�x�d�ce with pva�pi�7•
<br /> Alt�rmce poi�cies and taiewats sh�lt be acreptabk to l�end�x'and shiiU uiclude a staadard ma�tg�e ctaase_,t.ander
<br /> sI�U I�ave the ri�t ta hoid the poiicies aod�rnewals. If t.ender aqui�es.Barower slwll pomptly give to Leoder all reeeipts
<br /> of p�id pi+emiums and ien�w�i aocioes. In tHe evene af loss.BoROwer sh�q aive prompc notice w tHe ins�aanoe caniu aod
<br /> t_ . l.sndet._�.eedectnsy m�ice pmf of lusc if mt m�de pmm�tly by Boaowu � �
<br /> Uakss I,eoder�ma soeowa�me�wise apee in writi�g.�ce p�oc�ds si�if ee applied to ra[or�br tepir of
<br /> _ _,.,_R _�_ � _�ttrz c�rat�a�-or-�ais zs-cc�suoss�icst�-��d-�rs w,.sz�!is_mc lesse�ed.= if tho �, _._,_ _
<br /> �a�ocalic�n or[epair is�rot oeanomiadly feuibie or I.ender's sectuity wouid be Iessared.the inwrance pe�uoeeds sfWt-6c
<br /> appliod to the sums secured by dtis Secotiry insdu+nen�whether a not tbm due.with any exass paid to Boamwer. If
<br /> Burrow�er�t�rndoas tbe Ptopeity,a�does no�t aosrra withia 30�days a notice fmm I,ender that the.u�surance ca�rier lu�s
<br /> aft'ened to seale s cl�in+.tl�m ltnder may colkct ihe iasurnce p�oceeds• lrendes msy use the pcaoads to iepair or tezta�
<br /> the Pim�etty ato pay sums socaraf 6y this Securiry Inunuoent.whaher or not then due. '1]ie 30-day period witt 6egin wben
<br /> t6e tiotue is pvrn. �
<br /> Uaias.i.ender and Bomawer o[heri�ise agree in writing.any appiicabon of prooxds to principal shall not e�cta�d ar
<br /> ,paatpone t6e due date of the nwM61Y WY���femd to in pvn�s 1 and 2 or c6oage tbe snwunt of the psynkrKS._If
<br /> w�der pua�pd 21 dro Ptopeity is acqnired by I.ender.Borrower's ri�t to aay iawr�nce policies aad pmceeds resultmg
<br /> .frorn d�nage to ti�e�+operty p�ior to the acqaisitia�st�U pass to l.ender to tbe extent of the sums secund by this Security
<br /> :Utspwaeat irmnedaoelg pnor tu the acquisition.
<br /> i, p�c�pue� pKSeevstia�,'Mai�tearce a�d P�otectio� ol We Ptoperts; Barrower'a I.oM Applic�tlo�:
<br /> i:=:Lea�e1M1�. 8acsovra s1ui1!occupy.est�iis6,and au the Ptoperty as Bacmwa's princip►1 residenoe wlthirt su�ty d�ys af�er
<br /> °d�e e�ion flf this Secucity L�suumeot and shaii eauinue w accapy the.Pivperty as Boirower's prineipal ns�dence for at
<br /> :`.ksst aoe yar aRu the dste of occap�ncy. imless Le�def atherwise agtoes in writu�g. whic6 consent shall not be
<br /> .:-_ ainta.wnaMy witlilitld,or unkss eatrnuating cinv�mst�ncxa eaiu which a�e be.yand Horrowa's conuvl. Batower shaii not .
<br /> . d�untae or impair tl�e P+ropRty,�llow tLe Ptapetty to deteriaace.or caamit waste on the Pi�nperty. Bocrower sh�llll
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<br /> �ydefautt if any fafeit�ue actiart ar p�oceeding,v��tther civil or criminaj.is Hegun that in l.ender�s gaad faith�udgment
<br /> could nsait in forfeitace of the Froperty oc od��se materially impair the Gen enated try this Saauity Instrument a
<br /> - Lender�s secaricy inatest. Bormwer msy care sach a defanit and reinstue.ac provided in p�uagcap�►t8,[ry caasing tLe actioa . . .-�
<br /> or proceoding to be dism�ssed with a taling that.in Lender's good faith detetmination.ptecludes for�'eiture of tbe Bormwu's
<br /> �- u�te�sst in the Ptopaty a otl�er mat�al impaitment of We lie�cmated by this Security Luuument or I.eader's security
<br /> � intenest. Bonuwer shaU also be in�eFault if Born►wer, drmn�the loan apgliration prooess,&�ve materiaily false or .. _
<br /> -�'-� . i�ccvrate infamatia►or statemenu to Exnder(or failed to ptovide L,ender witE�aay material infom�attan)in cmuxctioa adth
<br /> the to�a svidencul by the Nate, iaclu�ng.bui nat limited to.�saitaqarr,��eanceming Borrower's.occupancy of tite =
<br /> — p��ag a principal nesidence. If thas Security Insuumeat is oa:�ir,asehal�':Hormwer shall comply with al[tbe provisions. -
<br /> ��= of the Iease. If Borrower acquires fee e�Ee ta the Propetty.the te�Ntd and the fee dde shap not merge unkss I.orider agiees
<br /> - to the merger in writing.
<br />- - 7. Proteetio�d Leades's Ri�Tmts ia!Le Psapa'ty If Bo�rower faits to perform the covenant� and a8�etrt�eats
<br />- contaioed in this Securiry Inswment,or thec+e is a legal procxding that may signific�tty affect l.ender's rights in the
<br />_- prnperty(sueh as a pcocoeding in baniauptey.probare,fac condemnation or forfeiture or to enfonce laws oi�ic�goladans),tbero
<br />" _ l,ender!nay do and pay for whate�-ea rs necessary to prntect the vaiue of the Property and Lender's rights in the Property -
<br /> L,end'ea5 actions may include payino�y sums secured by a lien whicb h�.s priority over this Security insdumea�appearing -
<br /> ' in ca�ciz.��aying reasonaWe attomey9'fees and entering on the Property to makt tepairs.Although l.ender may take action _
<br /> undcr this pa►agaph?..E.�der dces not have to do so. -
<br /> . Aqy arnnunts ct��;r�ed by Lender�mder this ParagrapA 7 shall become additional debt of Borrower securcd by this .
<br />-_s_`..;: Security Instniment. UnTess Borrower and l.etMer agee to other terms of paymen�ihese amounts shaU bear interest from the -_
<br />= date of c�bursement at the Note rate and shal!be payable.with interest.upan notice from I.ender to Borrower requesting
<br /> � ��5.�•Mortgsge Insuranca lf Lender required mortgage inwrance as a canditian af making the loan secured by this `
<br /> � Seeuiiry Inswmenl.Harcower shall pay the pranic+ms mquired to maintain the mortgage irtsurance in effeet. If.for�any �-
<br />.- � � reason, the mortgage insur,u�ce coveraga requsn�i::f;y I,ender lapses or ceav�Fc�be irt effeet, Borrawe.�shall pay the -
<br />- . � premiums requ�red to abtain coverage substantia,^.�equivatent to the mangag� insuranoe pre�iouvly �n effect. at a cast ,
<br /> _ substantially equivalent ta the cost to Borrower of the mo»ga�e insurance prevrausly in effe�t.from an altemate mortgage -
<br />-.�z;,,�.. . insuier appcvved 6y l.ender. If cubstantially equivatent mortga��:i:�surance coverage�s nat�vaitable.Borrowet shall pa�rr�
<br /> _ Lender each month a sum eqw�l to ane-tweifth of the yeariy moc����e insurance premium being paid by Harrower wher�t�z+t_ .'�
<br />-= insurance caverage lapsed vr ceaseA to be in effect. [.ender will a�c�pr.use ati�t cetwn these payments a.�a loss reserve in�
<br /> � of mortgage insurance. Loss reserve pAymeats may no longcr tie requ�rec�art the optlon of l.ender. if mortgage insurarwxt
<br /> � coverage.(in the amoui:e and for the per�od that l.c�der requiresl{�rovided by a.n insurer nppraved by l.endcr again becomea ,
<br />- • avaita�l4g�nd is olstained.Bom�wer shali pay thc premium�reqair��ta maintain mortgage in5vrance m effect,or to praviJ�e a -
<br />_ ' las c�xrste.until the requlcement for mortgage insurance ends;ii.accordance with any written agreement between Bo:pa�.�et
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<br /> .� and L.ender or applicable law. �
<br /> : = - - - • 9. Inspecfion. Lender or i�s age��may ms�tce reasonabtc cntricy opon and inxpectivnc of the Prop�ty, l.ender shall �
<br /> • .; " � give Horrower notiee at the time of or priar ta an inspcctioo specifying reasonable cause fot the inspection, `:
<br /> iA. (.'ondemnallon. The proceeds of any awatd or daim for damages,direct ar cunsequential.in ea�.�[ion with any _
<br />- . Sinbk Por.t,ty-•��nnk bfaeJireddk:tfar!''�7Ft)RH ItiSTNUNIstiT-•linifimnCoven�nts 9/90 lpuge 3 ujb�sc,c:.�s� � :
<br /> " crea utes 6u+teeY va�.mc.! .
<br /> . ro uan��aoa�,aasam c�P�a ete.a�z:.si
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