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92105123
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Last modified
3/14/2012 5:56:37 PM
Creation date
10/19/2005 4:06:49 PM
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DEEDS
Inst Number
92105123
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',(,� • _�:��� �������������M�� � . . <br /> • 'a�prorat.��yc�h��G,yi�d,.,n�ot be�on�bty�6heW.�Iyf B�at�o�er fails to auiuiqinrcavera�e dacti5ed abovr.I.ender ms�.at . <br /> iJ�i���Y""�r`^T�C�YC��'b��C11�'���'i"'•a�IG�y��OL�OR�i��1�1�1'7.c . . <br /> . ��fiiL�C pO�1Cki�lr7�i�i 5���1C�OLGQt�t M E.lflaCl�Ild 3�Y�1 f11C�lIdC 1��10l�C C�i1l�C• �Cll�t <br /> �OL <br /> a6dl ha�e t�c riSLt tu Loid 16t pdicies and��is. 1�Iander requines.Banower�ll p�vmpdy give.to Lender all eerei{xs <br /> L anow <br /> . ot ' pRnniums aad ime�r�l mtioes. tn the eveac of lost.8ormwer sh�ll��Ive p�ompt natice to the insuance c�rier and " <br /> � . f.ea�da..I.ender may a�e pvof of foas if rot n�fe p�omptty bY Bamwer. - . <br /> • Unless l.et�det an¢Banuwer olhrnv�se ag�e in writin�,i�oe pcnrads shal!be applied to nestoation or nepair oF .' . . <br /> ' dre.i4op�aty �f the te�c�adaa or tepair is boonomicatty feas�'6k and Lender's securiiy is nat kssrned. ff the <br /> _ . �°a'_ <br /> —nes�or�fioa ot repiu�is�ecanomic�ity ftm'�ie ar i.ead�r�s savritY vvnnW be kssenat.s�e i�tw�ce procetdo sl�el!!�e . <br /> � •� applied to the smas s�cnKC4 bY this Secoriry tnstmmau,wEiahes or�not d�a►due. �vith�y cxcess paid�0 8aruwa. If'. . <br /> Boriorrer��tire PlropMy,a d�oes nat answer within 30 days a natia from l.ciider tt�t the inwnnce c�tr�er has <br /> . of�tred W aeale a st�iat,tden l.ender msY colk�ct thc iacurance poaeds. Lender may use the proceais to t�epair or�: � <br /> �p�y a to p�X s�sa�ored by thisSecurity instnanen�wlKtl�er or s�due The 30�day period wil!begin when � <br /> ` t6e notiaa is Eivm . , ' � •- <br /> • 1Takas_La�da and Baaower utl�nwlse agta in writing.�ni►aPPtic�tian af procEedc ta principst sT�alt not eureM or � <br /> pastporte die due dae d the momhlY P+►Y�a�ts refern3 m in p�ragnphs I and 2 ar ctwngc the maou�t of tbe paymenes. if <br /> aoder 21 the P�ope�ty is acqui�ed by Ler�der.Baaawer'�right to any insurance p�licies ard pmceeds iesuldng <br /> ' ����Y P����isition shaU pacs to La�der w tAe extent of tbe sums secwtd by ihis Securiry <br /> L�ument im�nedi�tely prior w the�cqnisitian. • . <br /> f�- (�e�prc� leaa�atiuy Matde�s�te siid Pratedio� o� the PropatY; Bafrawee's La��ApplicMiow,. � <br /> l�eM16. $orruwer sba1�occuPY•esnbfish.and use the Pbuperty as f�orrowtr's prynci�at rcsidencc withm stxty days after , <br /> 16e executiaa of this Socurity��_�±�and sbail contitwe W occupy the Aope�ty as Aorruwer�'principal tesidrnce�for at <br /> ta�sc are yeaa after the drte of accu�ocY, ankss Lender ottierwise agtxs in wriaag, which conseni shaQ not 6e <br /> urt�ea�ao�bly witl�held.or unless extenusting circumstances exist which are beyond BoRav�rer's cmwf. Bomnwer sbali rat � <br /> desdoy,dunaSg a impair the PtoQerty,aUocv the Property to deutioratt,or commit waste on tix Pmperty. BomaMrer shaU . . <br /> be in defwlt if any fafeiUUe srctian or�rocading,whether civii or criminai.is begua th�t in t.ender's goad faith jud�t <br /> .. catW t�esult in`fafeit�e of the Property ar otherwise materiatty imp�'v the lien c�eated by this Secusiry lnstiument or <br /> l.cnda's saauity intet�es�'Bomnwer may cure sucb a default and nemscate.as provlded in paragraph 18.by causing the action. . . <br /> a proceeding tQ be dismissal with a ruling tha�in L.endtr�s gaad faith detecmination.pcecludes forfeinue.of the Barower's <br /> -' i� in thc Ptoperty ar othec material impaimieat of the liea creatod b7t this Securicy lastrument or l.ender:g sccuriry <br /> uite�est. Bomawer shall also be in�defautt if Bormwer. dun"ng the taen appGcatiao pracess. gave materially fals�.or <br /> inaccmau infortnation or statert►ents to Lender(or failed to p�vFde Lerder with any material infama6on)in connation with <br /> the kwn evidenetd by the Note. including,but aot timited to r+epc�esentations eoneerning Bomowet�aeeupancy of the _ <br /> Property as a princlpal s+esidence. If this Security insuo�nent is un a teasehold.Borrower shal!campiy with all t�e pcovisions <br /> af the�. If Bo[rower acquires fee titte to the Ptopeity,the teasehold and the€ee title shall noi merge untess Lender agrees <br /> to tt�e a�ger in writin8• • , � ' � . <br /> 7. Prntectios ot Lender's Rig6ts in the Property.:�`�orrower fails to perfam the covenants and ag�eements <br /> ` cont�ined in this Savrity Instrumen� or tAere is a legal praceeding that may significantly affect l.ender's rights;in the <br /> '.'. P�vpatg(such as a proceediag ia bankruptcy.pr+o6ate.fo�cor�demnaaon or forfeitune or to enforce taws or regulations),then <br /> l.e�xkr may do and pay for whatever is necessary to protect the value of the Property and I,ender's rights in the Property. <br /> Lenders actians may inetude puying any sums secared by a fien which has priority over this Security Instcument,appeanng <br /> � in eaut,paying reasonabte attomeys'fees and entering on the Property to make repairs.Although Lender may take acuan <br /> unde�t�sis paragraph 7.Lender dces not have to do so. . <br /> :�ny amaunts disbuised by Lender under this paragsa�fs s`.shall became additional deM of Borrower secured by this <br /> Securiry lnstrument. Untess Borrower and l.ender agree to other terms of payment,these amounis shall bear intenest from the <br /> date of disbursement at Ihe Nate rate and shall 6c payable.with interest,upon notice from l.ender to Basrower requesting <br /> ��1 <br /> Mort�ge Insuranca Jf l.ender requircA mortgage insurance a5 a condition of making the toan secured by this <br /> Securit�Inst�vmen�Barrower shall pay the premiu�reqvired to maintain the mortgage msurance in effec� If,far any <br /> reaso�, the mortgagc insurance caverugc required by L.ender lapses or ceases to 6e in effect. Borrower shall pay the <br /> prec��s requim.�l{o obtain coveruge subctaaci�tly cquivalent ta the mongage in.surance previously in eifect,at a cast <br /> " s�tbstaatially equivatent to the cast to Borrower of the mortgage insurance prevcou.cly in effect.from aa awemate mortgaga � <br /> � �' insJSa approved tsg lGender. (f substantially equivalent martgage in�urance coveragc is not nvailabie.Be+f�wer shall pay to <br /> l,e_�.�each month a sum equal to onc-twclfth of the yearly mortgage insurance premium being paid by Barrower when the <br /> ins,�.x r:.e coverage tap.ved or ccased to be in effect. Lender wiCE accept.use and retain these payment�s av a loss rtserve or�fieu <br /> of mas�gage insurance. Loss reservc payment�may no longer be requircd.at the optian of Lender,if mortgage insur;;nce <br /> coverage(in the amo�at and for the period that Lcnder requireti)provided by an iasurer approved by L.ender again becames <br /> • available and is obt�ined.Borrower shall pay the premiums required to maintain mongage�nsurance in effect.or to proVlde a <br /> las.s mserve.until the reyuirement Por�mongage insuranee ends in accardanct with uny wtitten agreement between Borrawer <br /> artd[e:sdcr or uppiirable taw. ' <br /> � laspecHon. l.cndcr ar its agent may make rcasonublc cmries upon and inxpections af the I'roperty. Lender sha41 <br /> give 9orrower notice pt the time of or pdor to�n inspcction specifying rcasonable causc for thc inspec�ion. <br />_� ___ _�:�_� 10. Coedemeatloe. The proceeds of any award or ctaim for damages,clirect or runseyaential,in connection with any __ ____ <br /> 5ingk�.unity..F'aNnfe llfx'frsddie;iac UYIV/)t!N I�ti'fltl;�tEtiT•-Unifnnn Cavcnnnt� 9l90 Ip��e 3�f b pa��ni <br /> l�tcat lutra fivafits►Yams.lac./ <br /> T�Ihrk7 CyF.�800u36937J O YAt 61Cr191•1131 <br /> --_ . . �..'^"�'.�."'°°�"'ss . . t <br />
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