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<br /> ' ��WGx R�,��a f��;p thr 1n��nvcrncnis now existing on c�rcuttcri�tcd on�he Proimrty ; ,.. _
<br /> I S.EIAr�rtl or I'ro�►arty Irt,suraace. U .� . „u,«�„� �vr�rc�c" nnd any othoe harurds,includin� floads or
<br /> I insurcd again�t 1a�.9 by f'uo,hazards included wc.�un ►1a�:tc�n►+ P� ,
<br /> � floc�dln�,for whicn L.c:nAcr rcquims insurnncc.71�i9 ins►urnn�r.r slutll ts�:mz'r,.,,it�ud in ehc nmounts und for tho�lycriodhfch�ha 1 not � '
<br /> . a rcquires."R��ins�►mncc corricr providin�I��insa�r,rwc sh:;l.�lx:cttV:+�ce�by F�orm�YC� yu.;f:ct to L.cndcr's t�pp
<br /> ; bc unraasonably witl�Ncld. It Borrowcr fa�L9 ca mzi�ntvJn cov.�c� dcscribcd nba�vc,Lcndcr may. at Lcndor's opuvn,�btui»
<br /> cpvcmga to protact LcnAcr's righls in thc Froperty in ar.corclarr.r vll.1 FaraBr�Ph 7. ' �
<br /> ' All ineumne�s {�licles und renewals sha11 be s�ceps�blr,t�Lr��:k-c and shall include n standnr cmo n�6 a��I�ceipts of paid
<br /> , AAVp tllQ f1$M LO ItOI[I UlC ()OI1C�C9 itl�d fCfICW�.4. if I..cnd:�r r�u�i�cs�9orrawcr shall pro►nptly g -
<br /> prcmiums and renawsl noticcs.ln the cvent ot las�,Bazmwcr eh;�A give prompt notice u►t1�e insurance c�+rr[cr ancl Lendr.r.L.ender
<br /> mny mtt�c proof of loss if not madc prasnpUy by 9ar�awca.
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<br /> Unlcas 1..endca and Bortower otherwtse nBFc�:im writ,+�ms,ingut�V.r.e proccxds sh:all be pPA�icd�«s�0rndon or repair oi e
<br /> property dAma�cxl,if thc restors►don or rcpair is eco.no�m'x:rtUy fc�sihir,r�.ti:�l.endcr's secusiry is nat l�senad.If the mstaration or - ..��:��
<br /> repa(r is nat economically fea�si�lc�ar L��ciso n'at,thec� d�:w ick+�eny ex�cess pa'��d to Darro er. If B erower�abanAons the �� ''r�,�,.._--,_,�.�
<br /> ." socumci by Uds Sc�ariry In�tn� e t, ;.��`,"_�_--
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<br /> , � � �P�'�Y,or does nat answet witle�n 30 days a noti�c[ra�a l.+tnchr►h�t tt�o tnsivance caener h�s oftered�pay sum�secumA ':.�,--�` -
<br /> ;.� l.end��mery callact tho insurunee pcoceeds.Lend✓�r m3y usa i1!�..•A��`1s to tepair or restoro tho Properry , — --
<br /> ,`� � by�hi� ecurity ''91s:.gin when 1�eaotfce is given. . -----�..
<br /> g Inswment,whcther or not 1t+�n dv�e.i'fie 3Q�<iay p�ai�ti��R af mcceds to P���p��►�not cxcend or postpane
<br /> �writttng.amY ai1F P ,
<br /> Unla�s Lcnder and snrrowct othecwisa a�ew:� _ :
<br /> , the dua M�a of Ihu m�nthly payr�enu refern+d tcti in�.3rt��hs t ua�+��2 or changc ti«�'zx�unt of 1he paympnts_I!eend�ar paragranh •,.. _.._._.
<br /> , � . �, } 21 �As Propary is acqulred by Lcnder.Basrowcr's righn tc�umY insivance�olicies and proczeds resulting from damsge a the , , .;r��.
<br /> .� F p r o p e r t y p ri o r t o t h e a c q u i s l t i o n s h all pass to Lendrr to the e:ct�eta af Ihe sums sec�xd by thts Securiry Instsume�t immediN+ely ., ;.:, -
<br /> � ���, prior t,o tha acquisidon. gorrower's Loen AppUcationi l<ease6olds. �
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<br /> 6.Oecupancr�Preservatbn,Ma►inteoanrc aas�PrMir.tJt�n�ot the Property; .
<br /> �•. � Bn[tpwu stu►ll occupy�estebW3h.and uso ttie P�ropr,rtY as Bcmrawer's principal aesidence within si�ccy days afur the execution of �:���
<br /> this Securicy InE+nument and shall conoinu�t+o occupY���t)'�B°ROwer's pairr.ip:�l re.sidence for at teast ona year nfter the ,, "
<br /> da¢o of oocuptuncY, w►kss Lend�r otherwisa egFe+e: ire wci�*y�„which consent stull not he unreasonably withhcld, or unless
<br /> #� � damage or impair tha Property,
<br /> , — _:---r-.�.. e�tcni�sting circumstances exist which are beya.nd Ha�vrer'B c�aT nu�1.Bazower.shaU not destroy. �• ��
<br /> a!{ow Ihe Property W deteriarat,�. a comn►iQ wos� "" u�: �SV\rls . P.�:m..e. ..-.al1 L�!�in default if eny forfeiwre actlon or _
<br /> �, p��II�whether etvil or criminal,is begun lhat in Lecsdcc'a gac�d faith judgment couW result in forfeiturc of tho Propetty or r ,�;•
<br /> , otherwjse rtu+teiiallY imPair�he lien crcated by ttis Seceu�rit9 Ie�huirt�ent or Leadex's security interest Borrowa may cura such a ;�
<br /> default and reinstate.as provided in paragtr� lfl. by citusin�ttv:ection or yroceeding to be dismissed with a niling 11iu. in m
<br /> L.endr�r's good faith deteiminatiQn,PrecltuH�s fQ�fai.tr�re of tine Btcxovrcr s interesc in�ha ProPeitY or othei maurial i►nP�irtr�t of }?,".
<br /> tho liea creatfld bY this Security Insttument c�I.tnd�r's socue.itq��r�'t:r�i.BQnower shall a1so be in default if Bocrower,during the
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<br /> laan appliradon pcocess.Bave,natcriallY f��s�or u►accu�tr m,`.ar,n wnr�dr statements to Lender(or failod W provide L.uukr cvith ;�, -
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<br /> unp materinl information) in counection �ti:4'� tt�e loan evidr.nc e�stde�t�c�e If this Seeurity nstiument is on a leasehol�d,Bortoaer
<br /> conoemin�Borrower s occe�pancY of the P�roverty ag A pzi�cip�1 -
<br /> sba!]comply with all the provisions of the lr,ase.If Ht+csavret acqutcrs fce dde W tha Fe�opeity,the leasehold and the foe dtle sl�all
<br /> not mage unless I.ender agrocs tn the m�'Ea'u�'''m�a• �eontairxci in �
<br /> + If Borrower fails to perform tho coveaants and a�� ��..
<br /> 7.Protestion oi I.ender e RiRhts ia�6a Piro�rt�'ty
<br /> this Security Inswment,or there is a legul Pr.c�ceeda���r t�+�t may signidicantly affect I.ender's rights in the ProPatY(such av a
<br /> • ' prooeedinE in baniQUP�Y•Probatc,fos condctnnaticln a•r f��feiture or to enforce laws or reguiations),ihen Lea�dex m�y do and pay —
<br /> � for wh�tevu is nocessarY to Protect tha v�luc af tl:e P,roperty and Lender's rights in the Pcaperty.L,encier's actions may include —
<br /> •,:.;•i;� PaY�B �Y sums securcd by a 6en wb.i,ch has priority oves this Socurity Insttument,aPP��B in oourt,P�Y� h 7,Lettder�
<br /> � ,• ;;`,'',' auomeys' fees and entcring on thc Pro�crty na make repairs. Althou�Lender may tal�e acdon ur.du this pa�agap
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<br />- �•;..; � daes not t�ave ruo do so. �?Shall become addi¢i�nn`! debt of Borrower secuc�3 by this Securiry —
<br />`;j•.! pny�unounta disbursc�i 0y T..ender undr,r this paragrap
<br /> =`"� ' InyKrume�►G Unless Borrower and I.ender c+�qree to other terms of paymcnt,these amawts shall bear in� lfrom the date of _
<br /> ` � dlsburt�ement�t the Nous rata and uhnll Ix:payabl,,.with intetes�upon nodce from Lender to Borro�vcr requesUnB PaYm�►�- �,�__V�
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<br />- S.Mortguge Insureace. If Lender re�qvind mongage insuranct as a condition of malcing t�E]oan secu�ed by this Sociuiry _ _____
<br /> � �_ . Ynstmmu�t, Borrowcr st��paY tha Pm�ums reqwned to mau�tain the moitgage insivance in effecG If.Eor any mason, the =---�-
<br /> ..�' : � mortgage insuix�nce coverage Qequin:d by I.ender lapses or ceases w be in effect,Borrower sliall pay the rre�rraiums required eo � _.�k�`
<br /> ob4�(n coverage substanti:�I?y ec��uvolont to tt�,e mongage inswrar►ce previonsly in effc:ct,at a cost substantially equivalent to the .:;q::�:�-N°
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<br /> � t cast to Borrower of tho mortga(ta�a�� p�viously in effec�from nn alcernat� mortgage insurer approved by Lender. If ..,��y�•'
<br /> ' % substantially eclaiv�lent��?tgaIIa inamance coverage is not avuilable.Borrower shnll pay to I.er�dcr each�nonth n sum equal to ,'�.!�e;�r� -•
<br /> a incurance premium bcing paid by Borrower wh°.,ri the ins�rance covcrage lapsed or ccascd w '. '. . .;�".'#-;° .
<br /> � sne-twclfth of thc yearly rr�3.� �.,.� .
<br /> • .; be in cffoc� Lcndcr will��:.ept,uW�and re4v►► these paym�tu as a loss reserve ia� Geu of mortgage ir�su�frnce. Loss mservc �•.`
<br /> Form 9028 9/40 � �
<br /> Pepe 3 01 E InIt1�11: „
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