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<br /> ! � �6� '$����'� L�AN{11�. 1 5 3 4 2 1 6 1 8 4 --_..-''�;r�?_•'�.,
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<br /> � A!!insu�ance p�f(ctes and renewals shail be acceptable to Lender and sh�li indude a standnsd mu�Ygaga claus�. � ` �. ;�
<br /> � Lendsr shail have the rtght 4o hatd the Polictes artd renewals.If Lender requires,BoROwet shall prompily gtve to Lendar —_
<br /> .t i�nsuranc�s�cardpe a�Lender.Lender nnay nmake proaf of loss ff noi made proWmpU by BoROwer.�t noitca ta ths , ti. , _--
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<br /> ' iJnless Lender and Borr�wet othsrwise agrea in wrWng,insurance proc�ds shall be appltsd to re�Yaration or re�alr • _
<br /> :=s of the i�roperty dar�aged,ff the restoraitan oT tepalr ts econ�micaliyfeasibie and Lsr�er's secu�ity k�n�t tessened.tt the - - :-` - ,- , LL
<br /> , ,� restoraUon or repair ts not economicalty feasi6la or Lender's security uvau':d ba Isssened,tha lnsuranca proceads shall __.... _.;� . _. .
<br /> be appllal to the sums secured by thts Security lnstrurneM,�vhether or not then dus,wNth any exces�Ra1d to Bo�ver.
<br /> If Borrower abandons the ProRerty,or does no3 enswer wfthtn 30 days a noilce from Lender that tha tnsutartce cartier �. .. y
<br /> � � hss offeredi to settle a ctatm,then Lender may coStect the insurartc:e proseeds-�ender may use tha pm�eeds to repair ` ' t. •-• : �
<br /> i or testore tha Rroperty or to pay sums secured by this Sec�usr�fr�vmertt,whsther or noY then due.7�te 30-day pertod ��:' ,.�; � '- � "� �'f'
<br /> t u�i0 begin vuhen tise noYce ts ghren. ''; �: • ��: : �.
<br /> � ,� . :` . � ,•..,
<br /> � UNess Lender and Botrower otfterwise agree In wridrtg,r���11cx�to�t Qf proceads to pdnctga!s�tafl not extes�d or
<br /> � ".,r...,-.-:::.,—
<br /> � postparte the due date a t t he ma r r t h ty payrrte r d s r e f e r r e d to in p a r a g r a p h�t a��l 2 o r c t r d r s g s t h a a�n a a m t o f t h e `�;, , . ,; , : �.
<br /> t paymsrts. ff under pa�agraph 2t the Proparty ts acqutred ioy L.e�er.Ba�'s�Ight to arry tnsuranue Raticl$s andl t. < :. , - ..
<br /> , •.. .,-.., : .,,...:..�.
<br /> �� proceeds resulting from damage to the Properry prtor to the scqulsfUon sh�"gass to�en.dc-�to the e,ciem caf the sums a '
<br /> •� seaued by this Securiry Inswmani tmmedtately pdor to the acqa�is�lon. °J '''��
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<br /> � 6.Occupanay.Rresa�t�o��Mmtrdenartce a��ProYeegl�of the Property;Bo�+ti�r's Loan A`tp11�8iurt; .F,' ; �;,t.����.;,�.:_
<br /> .� I.�ea�eProlds. Borrower st�all oawPY,establtsh.and use tha R�rty a�Borrower's principat rest�en¢e wt2hin shcty days � � '
<br /> aftar the execu�on of this Secudty Inswmerit and a?tal caz�tinu�t+o oxupy the Properiy as Borrawefa pdncip�l i .�-'.;�-:
<br /> � ► �skience for at teast one year after the dat9 of oax�cy.cu��s Lender othemise agrees In writing,,whlch cnnserrt - � ... .�.. .:.�,_
<br /> �: ,�.� �
<br /> _� shaU not ba unreasonably wfthheld.or unless extenuai�ng �, ces exist wt�tch are beyond Bo�r4wsr's co�l. _ ; -..�,��:.'�.�..�:��..:
<br /> Borrower shall not destroy,damage or impatr the Property,aia�j�'�e Pro�e�iy to deteriorets.or commtt wa�te on� �-,:-_=�����, �Y::-r—�S1�;_
<br /> Property.Borrower shall be tn defauft ffi any torfefture astton atr�,rrr¢,x.x:eeding,whether civa a�crlmtnal.is ttegun that in: 3:. -
<br /> Lettdefs goad fatth judgmetrt coutd resutt tn forfe�ure af the��:rty ar a�t�.�wise materiaity impatr tt�o llen create�[�i S�,_. � � ' ..�.«
<br /> this Secu Insdument or Lender's sectuity irRer�.Bcrrower may cure srsW�a default and reinstate,as pravided in ' � ��—•�z:��:
<br /> '��,�• ,,�::: .,. -�. .,
<br /> pa►agraPh 18.by causing the aCBon or proceedireg to be di�missed�a�n'air,�tirat,tn Lende�'s gaati falih ����;--�—T-��•;-�_:; ;�:,,.,�•
<br /> � ^* � , ����.�,. �; :°:��,�
<br /> determtnatlon,predtt�es forfeitu�e uf the Borrowe�s trtterest tn tt�e Pr��j�►-�9�er cn...e31af tmpairmerrt af the lie¢� ��:; ..-. �]
<br /> created by thls Security lnstrumertt or Lerxler's secu r i t y IMere�.�orrrnvc-�s F�b',a l ro t�e 6r�a��a f a u i�f t B o r r�v�r�d u r t e��t�e '`�, '-�:t , ;f
<br /> � j--•;�' { iJy���.�;.�rr,i.-: -
<br /> loan appltcaUon process.gave materia!(yfat�e cr irtacctuate(r��Uon�r�mants��:�der(ortai,�ad t�pravldQ • �,.;r���.';<<a� ,;
<br /> Lender wRh an materiaf infcm�ation tn cor�rce�4ia+.r wtth the loan svidertcQCf�ihe Note,i�c�uding.bui not IlmPte�l bo, ��_���. _ : :��-'
<br /> re resenta4tons concemin Borrowei's occupanr6q�u�rf the Pro e as a pri;��al residenae.li 4his Secadri8y fn�ttumaitt ts ;t,s..��.-�•-}��<< -`�:.;i-.`�'�"�:
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<br /> csn a leaset�old.Bor�ower sha11 comply wlth a11 t��vts!ons of the teass. If Bonower acqutees fea ti�e to the PreRarty. �•�,'� .; t;,;.„.: �,;1.. �'., .:
<br /> �e leasehold artd the tea title shall nat merge uNess Lender a�c,rees to tiia merger in wsiiing. '���` y,,;��j.•� �' � =
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<br />' �°� �1 t'�r;�C t i o n o f L.e n d e r's R in the Rr�e¢ Ifi Bors^�werfaifs to �form the covenarrts and a �mers�i� �� �l�� � ;` '�
<br /> ,,f. i s h t s R �t¢t t Y• P e S�e . . f A„ -
<br /> '` �i�l�?�s�t h t s S e c u r i t�t I n s b u m e t�t,o r t h e r e i s m t,.�a i proceedin g that ma y s(g nfftcar9tt y�t#ect Lender's rtghta In t he ; . ;r�������� r_.
<br /> • r:�i�,��f s 5 u c h a s a p r o c e e d i n g t n b a nkns p tc y.�:�4at e,for candemnatlon or fortetiure or to erifarce iativt,ar �'� �• �� A'��
<br /> r�g�s.�`vcrtr�,then Le�der may do a�d pay forwhatever Is necessary to pratect tt�a vaJuo of the Rroperty amd Lende r's � ����' f���.�;f,,��>'::���;
<br />-:'� � righis tn sim�Property.Lende�s actions may fncluda paytng any sums secured by a Iten whlct�has pdority mver tht3 �{ ��.. ��.�..
<br /> ;;�° SecurRy insUUment,appearing In court.paYing reasona6le ffitomeys'fees arcei enterirtg vr,a the Rraperty4a matco . "`��'`• �' _
<br /> repatrs.Atthough L�nder may take acUon under this paragraph 7.Lender does not havo�m�o so. '�, ' _ ��`�-�'�.
<br /> Any amouMS dtsbursed by Lender under this paragraph 7 shall become addi�onal8ebi af Borrower o�oured iry ., � ��`� �
<br /> this Security Insnumerrt.Untess BoROwer and Lsnder agree to oiher terms of payment,tha�e amouMS shatl bear , ` - - --.
<br />:�:�:' , tnterest from the date af disbursemer►t ai the Nate rate and shall 6e payabte,with lnu3resi,upon notice from Lender to ' ..,� _ _:-
<br /> Borr�w�r requestin9 PaYmerst ��� _ -
<br /> a.NtoeEy�ge fns�rar�ce. tf Lsnds�requtred es�:aetgage ter�usu-ce as a ca�i�on of r�'r3ng th�loan seaured�t�sis �` ��R��;.
<br />� ��..�� Security Instrument,Borrawer sha11 pay the prc�mtru�.+s requir�`�maln��tfta mongage trr$urance tn effieot.If,far any : j
<br /> m
<br /> teasan,the mortgage tnsurance caverage req�lt���}I Lender lapses or a�rs�a to ba in aft�t,Borrare;rr shad7 pay the �, �'= �� -;;; :-o--;�_�
<br /> i premlums req�lred to abtaln coverage substarJlail,r equhralent to the mo�:�insurance prervtou�ly►in efigat,at a cost � ��;:-�•—
<br /> ':,.; substantlat(y equMdlent to the cast to Borrewer of the moRgage tnsurance praviously in efitect,irom an atzemate ; �:
<br /> mortgage tnsarer approved by Lettder.If substantlally equivatent mortgaga tnsurano����erago is not svall�ble. ± ' '' T.�`•_.
<br /> Barrower shall pay to Lentier eact�mar►tl�a sum equal to one�3wa�fth of the yaady rrtert:p��e insuranco prembum betng ��:-- .:.:.:: .;' _
<br /> Borrawar when the tnsunance oavera Q l�psed ar ceased to be in effect L,ePrdE�w➢{ac�c2�t,use and rot�in these � ��.� =
<br /> paid bY 8 3.., .
<br /> payments as e Inss resewe tn lieu of moRgagr3 frt�e�rance.Loss reserve payments may na long2p iu�r.�ulred,at the ;�. , ;��.�' .,�.
<br /> optlon of Lender.N morigage(nsuranee coverage(In the arnount and for the perlods that Lender rac��icas)prov k l�c f by '� `�-•�� <'
<br /> ' a r �+_ tY`,
<br /> � an tnsueer appraved by Lender egatn becomes avaEa6le artd is obtalrted. BorravreP sP�f[�y tha�:�-�fums roquired to �"- _ ��•.�=;�_
<br /> matr►�IR�ort ge insurancg trt eftect,or to provlde a loss rasenre.untD the requtrem�rt:fIIC mort�ge dnsurance�nds �. � - � ;`;;;�
<br /> tn a�ance�vuith any wr�ten agreeme��atween Borrowar��xd Lend�r ar app11ca0alo t�rv. . '� . ,� _ . � ! 3_�::,
<br /> �. InspaBan. I.ender or its�gern rttay mnk�a eeaso�ss6!c�er►tries u�cn,�rd inspECttons of�1.9rr��terty. LendQV ;__.�.;,.;:;,:_..;....�.•<���.1`•
<br /> � shall giva Borrower rtottce at the time of or pdurtn+r�tnspec�c�e specNytnr�rr�sorrab]o cause torYh�ir��:�octian. '�°��~"`:�""'.
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<br /> NEBit/lSiU4-SINiiLE FMAItY-FNMA/FHLBtC UHIFORM INSTRUIIENT' • FOF1��3SD/UO � � • . .. .---
<br /> iSC/CMDTNE//0782/3028(9�90}L PAGE 3 OF 6 � � . ;
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