_ ._ .. :... .:..:.:.. ..
<br /> _ _ ::.-_-_:,. : .._ _ _ � g2---:L���23
<br /> S. It�r�M or PropsHy Jnwr�na. Dorrowu shnll kcop �ho Improvemems now exis�ing or hercnftcr cratui on tho
<br /> Propeny Insurcd agotnst loss by tlre, hnrards incluAcd within�ho tcmi 'exundcd mveregd and any o�hcr harnrcls, inclnAing
<br /> nooa5 0�n�,�ams,tor which I.endcr reqidres insurnnco.Th�s insmm�co shnll Uo m�Imained In tho anx�im�s nnd for the pedals
<br /> -- diet i.tnder requlros.Tl�o Insumnw cnrrler provlding tha inanrnnw shall Ix chosen by Borrox•er nd�Jeci to I.ender's npprov�l `
<br /> xi�lcli-shnll not bo anrcxsonably wfthl�eld. if Dnrrower falls la maimnin covernge described nbovo, I.ender may, a� I.ender's ---
<br /> op�ton,obtnin oovemge to protect(.ender's rigLis In�he Propchy in ncc�rdance wi�h paragmph 7.
<br /> All Insunnw pollcles and renewnls s6n11 be acmalablc ro I.cnder and shall IncluAC n s�andnnl mongage clouse. I.ender
<br /> shall havo tl�o right to hold tho pnlicles nnd renew,Is.lf i.ender mquires,Rorrawer shall promp�iy 61vo Io I.cadcr all reccipts of
<br /> pald ptemlums nnd rer.ewnl r.oticesJn 16e evrnt ot loss.Oorrower shall give prnmp�nrnice to ihe insunnce rnrder and I.ender. „_�._,. __
<br /> l.c�xler nmy mako prootof loss If nm m�e promplly by f3orcower. ---
<br /> Unless l.ender and Rortoner akerv+ise agrce in wdiing,insur�nco procecds shall be nppilcd to res�ore�ion or rcpair nf tho
<br /> Propcny dama;cd,if tho reslomtlon or[epair is emrtomlcally teasibte and Lendcr's secudty is not Icsscnal.I(lhc ralomtton or _
<br /> repair is nct economicaliy fcasibla or Lerzdcr's s�rity x�outd be lessened,the inwranee p�aettds shall be nppNcd�o i6o snnss
<br /> sccurtd by thfs Smid�y Ins�tutmnt,wFether or not thxn due, with any excess QaIQ to 6�rrox�er. If 8orcowcr abafdons tho
<br />� Pro�+ty,ot dces nol sns�ver within 30�!ays e noiree Gom Lerv!cr�hat the irtsvrance ca+'rier hu cfCered to s.ettle a claim,tM1en ..- . .
<br /> I.ender npy mllat ihe Insumnce pcticscds. I.ender may use the proceods w repair or rcstete ttie Propeny or to pay sum5
<br /> --------�-
<br /> sccurcd by.�iJs Sccudly tnswn�nt,��ivstser or not then dce.7'he 34day period will begin w}zn tlie naice is given.
<br /> Unless Lender end Bonower a:Serwlm agrce in writing, any application of.pmceeAs to princtpal shall not ex[en1 or ---
<br /> postpone t6e due date of Ihe nwmhip pqyrncnts rcferred m in paragraphs 1 na�2 or.hange the umount of tF.a q.sym:n�c-It �f.
<br /> under par��gs.+ph 21'tho Property is�y��iied by I.cr.der,Borrower's dgfit to any inmrnnce policiex ard pracecds tt;::leinz frem ---
<br /> damage to Y,fi:Propcny pdor to�he:xr�[si�ion shall pass�o t.cndcr to�he cz�em o!the a:m..sanreA Ly th+s Srcurity�7azca:n+en� ��.-
<br /> Immodiar:y�+r:urtothescquisilion. �s =
<br /> 6.-tkcapaney,Prestsvoflw�,\Sn;eueuam4 nni2�rNCCtlon o(lhe Yropel'l1;�onmrer's I.ann Ayl,-+Iicotlnn;I.eflcehoittv. `y:^' `.
<br /> Ub�YOx•tr shall occupy,c5-.iS1i51�,ar�ase tha Pm;.rrn ax Borraver's dnci al ecsiJrn[e wl�hin sixl da•x nP<cr ehe esccwion of '`F�'-'--
<br /> P P Y Y �,�,
<br /> �his SCGuriq•Instrument and shall caminue�o ocenpy 3he Propeny as 6orrowei s principal residence for a� Irazt unt��a�aller �•�:s� �
<br /> ihe d��e of acupancy,unless Wn�:r oihen�ise egrezs in writing, which wnxm sholl not be unrcasnnably wi�h6elA,or nniess
<br /> ealenuating circumstences exist whnh rsr te�nnd Ltorrowcr's mntroL Dorrower shall not des�roy, dan�age or imp:+ir �he -���_„':'--:
<br /> Propeny, allow �he Propeny�o d��eriorxrc,ur mmrni[ was�e on iho Propetty. Oorcowcr shail bc in dcfeult if eny forfei�ure ,ct'._�.�"_"
<br /> action or procecding,whe�Acr civtl or criminal, ts brgun that in Lender's good fehh Judgmem muld resul�in for2imre of Ihe ��"'=Y��
<br /> Pro n or otherwise materiail Im �r Ihc Iien crra�ed 6 Ihis Securil Instniment or Lender's securi� inieresi.Qorrower ma �-'
<br /> P� Y Y !� Y Y Y Y ���1
<br /> cure such a defaul�a�d relnsiate,as pmvidrd in paragmph 18,by czusing�6c actlon or proceniing ro be dismissed with a ruling #,+ r� :_
<br /> �ha�, in I.cr.der's goad fal�h deMrmina[icn, precludes forfcirore o(Ihe Dorzox•er's Ir.lcrcst ia �he Propetly or othzr m�tadal ,�;y.__'-:
<br /> impaimmnt o�ihc liu�iPwial uy Ihii uKUi�ij` 1fi(lliTicid�i 1.'v-i�dcf a SitUi�if {6tEfCS1. �:.:��»���hy`: y'�:.:i I�� � a��t �f '•.�_��:-
<br /> porrowet,dudng�he loan applirniion process,gace mxicrl�lly false or Inaccurate lnfa�mmion or aatenxms to LerAa(cr falled ��"`���`,�
<br /> lo rovide Lender with nn materl:il infonnaiion)in ronnec�lon wi�h the loan e��idenced h �he Note,irkkxtfn.,but no�Ihniled � `��"'-
<br /> P Y Y �sp:,',:
<br /> lo, rc racnmtlons mncernin 6orro��er's accu an of�he Pro n es n rtncl al ruidrnce.I!Ihis Sccurii ImWmcm is on a �'" ---
<br /> P S P �Y P� Y P P Y ��'�±:
<br /> leasehold. Dorro�ver shall mmply eich all the provislont of �he leasa If Oorrower acquirrs (te tiile �o tlw Properiy, ihe 'S:-�.;�.!;_,
<br /> le.'uchold and Ihe fce iiilc shall not nurge unless Lender agnxs�o tlic merger in ivri�ing. �^=-;�=:'-.
<br /> 7.Prottttton of Lcnder's F2lghls In Ihe Ptopctly.If 6orcower fnils�o perfonn Ihe covenants and ngrcemcnts mntained in �� �4' _�
<br /> �his Securi�y Instrumem, or thero Is a legal procttrling �ha� may slgni�camly aftca Lender's righis In�hc Propeny(such as a ��i'%� �_
<br /> proceeJhig in bankmptcy.probate.k:cmidemna�ion or forfeimre or lo enforre laws or regula�ions), �hen Lender may do and < �+�___
<br /> pay for whatever li nacssary�o pro:e.t �he value af�he Proprny and I.ender's righ�s In �6:Q�ryeny. Lender's actlons may �i�f:'i.�:;=�
<br /> include a in an sums secarcd by a litn which hns riori.y mer �his Sccurii Insi�uma��, a �rin in coun, pa In t:�:����?=_<-.
<br /> PY 8 Y � P ' Y A4r• 8 Y S yF.;rFS�.;;:,:
<br /> tpsonable auorncys'fecr.nni tn!ering on ihc Proprny to rtmke rc�airs.Although I.enJcr ma� iake acli��n imJer�his paragreph r ,.�,...::;
<br /> 1. Lendcr Aas nni ha�r t.+do so. )`-��?%��:a�.
<br /> An amounls disburxtd by Lrn.les under this ara ra h 7 shnll becemr r.ddlilnnal de6� of Oorrm�er secured M1y �his ��?f'`'�"�='
<br /> > P S P ;�.`r;�
<br /> Security histrumcnt. Uniess I3nrroner anJ I.cndcr agrcc lo mhcr tcrms a(paymtm,Ihcse nmouNS shall bear imcrest from ihe �`^e`'r;3
<br /> frc 'S�
<br /> date of disburscmcnt al thc M1u�e ra�e cmd shall be payable, wiih imercs�, upnn no�im frmn Lendcr �o Dorrower requrs�ing ,{_�.
<br /> R'+Ymcnt. �.'%'` '.
<br /> 8.1lorigage Insurnnee.If Lcr.der requircd mongagc insuranm as a rnnJitinn o(making the ban�r.-ared by this Secnri�y j9$�.`.--.'.
<br /> Ins�tumen4 Oorrowcr shall pay thc prcmiums rcquimd �o nv�imain �hc mongagc insurancc in cfkc�. Ii, tnr any rc.uon, tix .�j}=rY%_y;"-:
<br /> mm�gagc Insuranm rnvcragc rcquireS M Lendcr Izpscs or ceaxs to be in effcc6 Durro���er sh.ill pay�6c premiums rcquircd�o ^'��`G���'�•:
<br /> j..q. .
<br /> ob�ain mveragc substantially cquivukns m ihe mongage insuran.e previously in effecL m ,�m:t xubs�amially cqu(v:Jem m the ?{;ii�S��;�.:_:-
<br /> ��,_,_...
<br /> ms1 to 6orrower af�he nwngagc incuranm previously in effcc6 Gnm an alicma�c nwngagr insurcr r{�mccd by LcnJee If ?�N.y��:__,�;-
<br /> a„,.,.
<br /> subsqm�ially cquivalent mongagc incurnnce mreragc is noi:iaailablc. Uorrower ehnll pay�to l.endcr ca��h m.�mh a sum cqual to ���4��;�,�;_:..-
<br /> ono-nvcl0h of Ihe prad��nwngage ir.+uranct prcmium being paid by Qorrmrcr whtn�h.inwra.^.:c.mtr.�ge IapceJ or ccaapl lo �!-.'•.,-::::..
<br />- hc in cffcct.Lcndcr uill acccpL u�.�.+r.S nlain Ihcu paymcnls ac ;�:occ rescn�c in liru ni m.mga�e imuranrc. I.oss rcun•e �.::."�..:
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