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<br /> S. Q:�::� or ,. -'.,rty L:s:sra�r. 8arrower shxll k�ep �hr in�+r��veaknt. n��w• c�►istink �17 �{CPCiIIC!' CfCl:IOtt cm thc
<br /> n:�Y.K� E:urc,��;�}�Se tn.t hy firr, hw�ar�fv irxliKinl wi�hi���hc cc�m 'cxtGxta9 w��er;�y;c" �uxf ;�ny�uhcr N•r�r►!s, ipcluJit�
<br /> fl.xxls c�r flo�x�linr,far w•61ch Lr_�xler reyuirr�in.�ura�ue T!iis iiuur,ux�c.hall tx nuint�iiurJ in ihe wixw��ts�xl f�+r 1he {xriud�
<br /> that l.en:icr c:,:�ulr:s. 'i'ts�inwra�xr carr'ser p�c�viding the inwr;uxe�twll i+e c1N►,,�n h}���rr�►wer wbj��►t tu l.c�xkr'�:y�pcu���f
<br /> whicli�t►all ik�t he utu�zauivably withl►cW. !f Burruu•e� fiuls tu nuir.wii�cavcr.�e �kurit+e.i •rM���e, L.e�Xlcr nuy, nt L.crxiri s
<br /> uptiw�.ub�uii►eo�•era�c ta pr�uctit l.cixler'c ri�ht�in the Prapert��in�raniarticc w•ith{urs�r,�l�7.
<br /> All i�uur.�ke paliries��d renewals shall bc a�Yept:►hlr to l.e�xler ai�l shall itxluck u� u:ukl:uJ nx�n�iy;e d�use. I.cixler
<br /> shall ha�•e thc right to hold the pc►licies utxl rznewals. iF L.endcr rcyuim.. llurrua�r sh•rll prar��xlv�i�•c to i.cisdcr�11 mecip►a��S'
<br /> paid premiums a�xf renewal ix�ticec. In the e�•ent of losti, Borruw•er ahall gi�•e pnHUpt notice t���he i�uur;uk�:wrricr�xl Le�x1e�.
<br /> Lendcr nny nukc pmcif af lass if�xH muk pron�tly by&►rraw�cr.
<br /> l�nlec�Lendev atxl&�rrow•er otherwisc agree in writing, iiuur,uuc pr�rccds�11 hc apptial ta re�t��r,atiai�u r�pair af'the
<br /> praperty da;nagal,if the restoration ar repair is ceo�wmically feasible wxf Lender's cecurity is cwt lcssenod.f P the tutar�tion ar
<br /> repzir is �wt eron.�mically fe�sible or I.ender's sacurity would 6e les:�ened.tlie insur;uw�pnx�tixla stull lk upplicd ta the sums
<br /> secured by this Security lnstrument. whether or not then due, with any excess paid to B�rcaw•e�. li'Ba�row•er aba��dons the
<br />� Property, v�w�es nat answ�er within 30 ciays a twtice from L.e�der that tlu insurancr carri�:r has offercd ta settle a claim,then
<br /> Lender may collect the iiuur.uut procoeds. Lender n�ay tue the proeeed� to repair or r�.stare the Property or ta pay sumc
<br /> securcd by tAis Security inurument, whether or nut tl�en due. The 30-day period will begin when the r►otice is gi�en.
<br /> Unless l.ender and Rorrawcr othcrwise aigree in writing. any application of proctxtls to principal shall not cxteod cr
<br /> postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of the paymentc. If
<br /> under pzr.tgraph 21 tt�e Yraperty is acquirod by Lender, Borcower's right ta any insurance policies and proceads resulting from
<br /> damage to the Property prior to the xquisition shall pass to Lender to�he extent of the susiu savred by�his Sec�uiry lnsttument
<br /> � imnxdiate{y prior w the acyuisition.
<br /> � 6.Uocup�ucy,Pneservation,Mstatenancti su�d Protection of the Pr+opertY;Borro�rer's I.oan Application:I.easeholds.
<br /> ' Borrower shall occupy.establish,and use the Property as Borrower's principal residence within sixty days after the exocutian of
<br /> . this Security Instrument and shall continue to occupy the Propeny as Borrower's principal residence for at least or�e year after
<br /> the date of occupv�cy, unless Lender othenvise agrees in writing. which concent shall not be unreasonably withheld.or unless
<br /> extenuating circumstances exist which are beyond Bottower's cawol. Borrower shall not destroy, dvnage or impair the
<br /> Property, allow the Property to deteriorate. or commit waste on the Property. Eorrower shall be in defzult if any forfeiture
<br /> xtion or procading, whether civil or criminal. is btgun that in Lender's good faith judgmeiu caud rault in forfeiwrc of the
<br /> Property or othenvise materially imp��r iJ;.e lien crcatod by this Security Instrument oc Lender's securiry interest. Barrower may
<br /> cure such a default and�einstate,as p�+ari�Cl in pazagrrph 18,by causing the action or procoeding to be dismissed with a niling
<br /> tt�t, in Lender's good fait3� determinueen, precludes forFeiture of the Borrower's interest in the Property or other tnuerial
<br /> iq�aim�ent af�he lien crca�by this Security insteununt or Lender's socurity interest. Borrower shall also be in default if
<br /> Bortower.during the loan applicarion p�aa�.gave m�:�riaUy false or inuocucate infom�ation or statemenu to Lender(or failed
<br /> to provide Lender with any tn�terial infornaatiuo)in cotu�ection with the laan evidenced by tlu Note.includiag.but nai limitod
<br /> ' to.reprasentations oonceming Borrower's occupancy of the Propert�r;�a princip�l resideace.If this Security Instnumat is on s
<br /> - - ltzSet�old. i3019'OwG'�3fu111 oompiy wit1� aii t"tt� ptnvisirnu oi tne i,e�e. ii$urrvwer-�wn�ui�cy icc uuc w 'wa uNc:c�. ::.::
<br /> leasehald snd the fee title stwll not merge unless I.ender agroes to the merger in writing.
<br /> 7. Protection ot I.eader's Rlghts[a tbe Property.lf Borrower fails to perform the rnvenuus�nd agreements containod in
<br /> this Secvriry Instrument, or there is a lega] proceeding th�t may siFnificantly affoct Lender's righu in the Property (such as a
<br /> proaeding in ban3cruptcy,probate, far condemnation or forfeiture or to enforoe laws or regulations).tUen Lender may do wd
<br /> pay for wtwtever is necessary to protect the value of the Propert}�.�d Lender's rights in the Proporty. Letrder's xtions may
<br /> include paying any sums secured by a lien wi�ich tz�s priority over this Security Itutrumctu, appearing in court. p�ying
<br /> r�sonable attomeys'fces aad entering on the Propecty t�a�alce repairs. Altheugh Lender may take action under this pan�graph
<br /> ?.Lender does not hzve w 4o so.
<br /> Any �csxwr.ts disbutsed by L.ts�ep under this paragraph 7 sFr�11 become additional debt of Borrawer sceured by this
<br /> Secvrity Instrument. L'aless 8orrowu and Lu�der agnx to other t�cros of payment, these amounu shall bear interese from tbe
<br /> � date of disb�u�semast at st�e Kote rate aad shall be payable, with s:.terest. upon notice from Lender w Borc+ower roquesting
<br /> . P�ayment•
<br /> S. Mort�e Iasurxooe.If l.ender required mortgage insur�nce as a conditia�m of making the loan secund Ay this Socurity
<br /> Inttwnent, B.xrower sl�11 pay the premiums tequiraf to maintai�a ohe mortgage insurance in effoct. If. for �ay reasoa, the
<br /> � mortgage iaswu�nce oovonge requiral by Lendu lapsos or ce�.ses t+�be in effect,$ortowGr sball pay the premiums requitexi tc�
<br /> ; obtain caversge substanti�liy equiv�lent to the mortgage insurame proviousl�in effect,at a c�substantially equiv�lent to the
<br /> _! ,`..r..��.. D-...... �..i sl._+wwnoa� i�w��wtw�s rvirv'srvrclw iw�.f'fMt ft(1m 9n A�tllilal_^ 01'NtQ'�G 1I15ULCC'dpDL'OF01�bY Z.Cl1�C=. � -- -
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<br /> . s��bstantially oquivalent mortgage insuranoe covcrage is not availabie,Borrower shzll p�y to Lra�der each moatA a swn equal to
<br /> one-twelRh c i the yeatly mortgage inwrance premium being paid b}Borrower when the insurance coverage lapsed or ceated to
<br /> � be in effax.I rendcr will acc�pt.use and retain these payments as a toss reserve in lieu of mortgage insurance. Loss ceurve
<br /> � r•«�.30� 9�90
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