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<br /> � (w;iMs thnt I.cnder rcquirts. 77to insunuke carder provlding iho insumnw shali bc clmscn t�y Onrcower sub):ct lo I.cnderY
<br /> '"'.`.-- a�rtoval wldch s6oi1 not!fC u�tansonably�sithhold. If Ilorm�rer tnlls lo m�intnin covorn o descrihcd al�nvc.Lcndcr may.at ,--:.--_- _,--,-_-._
<br /> l�cnderk opiion,obmtn covera�a to pro�ect I.ender!c dpLts in iho Pro�city in acco�dnnce w§ro na�enri�z
<br /> ' All Insumnw pulicics and renennis shall I�o nacptablo to l.cndcr nnd shnll indnda a smndard mnngagu clausc. I.cadcr _ _
<br /> shnil hnve t6o dgh�iol�old�ho policies and renawals. If t.ender rcqnircs,t3orcowcr shall promp�ly Sive�0 4cnder a11 receipts —.. _
<br /> of pnld prcmiums nnA rcnewnl no�las. In iho evcnt ot loss,Iforrower shnll give prompt noticc ro thc insunntt cartler:u�d �y*'
<br /> fi.v�-
<br /> I.cndcr. landcrmay maka proof of bss itna mnda prompUy by Ilorroivcr. —_.
<br /> . . tfnlexs Lender and I3ortower oiherniu nsree in wridng,Insur.v�co proceeds shall 6e nppliW�o reiton�ion or repair of ivt.;=—.
<br /> � tlio Pro�rty dnmaged, If�he restor��lon or repair is economically Raslble and Ixnder� securiiy u na IesseneJ. I(�Le _.
<br /> resiom�on a repair tv not ceonomlcally @uibte or 4ender§sauriiy would be Icssened,the insuroace procceds shnll 60
<br /> ap�l:ed to Qx sums s�,curcd by �his Securiry Easuun;ent,wl:et6er or mc�S:n dua whh any excrss paik to florrower. If ry .,_
<br /> — Hareower abar.dciu�:e E4openy,a ekxs r.a answer ei�hin 39 days a¢ai�from Ler✓b:r dua rfx insurrnrc earrier hu - -
<br /> -- oMeccd to setUa a clatm,then Lecdrr may ml:ect rhe insvruzce proa�ds. LeciE:r ma.y uv:efx p+aceeds w n�ir a msrure '�'"``�7-;
<br /> the 9mpeny or to p.y sums sx.�md by this S_cudty instrumr.ne.wh�dKr or rr,e thn bx- 'C�30dxY Pmad"'ill�`-t�n whr:n � '( r-�J3lll4R', •--.
<br /> — -- t!s nollcc!s givca � ���-.
<br /> Unleu Lsn:lcr and Dorcower o�hcnrix agnY ia�rdi;n�,any a�y)ir.atioa of ptvicerds to pce[r.iFa[shslt rat ex�[a�1 oc ���,�m,�-:-
<br /> �— poatpoae the dne datc of tha momhly paymxnts refemed to m p.rsSmphs E and 2 or ctun3e Ur.onr.unt of the payro:n[s. �f - � .
<br /> = unJer�regrnph 71 �he Propeny is acqutnd by Lend.r.Bvrm���r�right m:u�y Insieraace policies xrrcl p=ect�ds resu(xing ;z��;�f-�._''.:
<br /> :— frorn dv��age ro�he Ropeny pdor to the acquisiiion shall Qass�o I.ender Io the extem ot'[tr.sums secnmd by�hia Sceuriry ��_.,,- -
<br /> s� Ins�:ou�ene(mnxdiatelypriorrotheacquisf�ion. ' t< �--
<br /> = G Otcup:;.eg Preservalion, Mafnlenance and Protecllon of Ihe Pro�Krty�� i3orroy�er's I.oan Applintlon; ,�K .- � _
<br /> � _- l.easehohla. U�:m•xrshall occupy,es�abli:h,,nA use�he Propeny as Rorrower�principal resfdence���iihin six�y days a�er )"�'-'.',(3�•— �
<br /> �� the exeeuiior.oS siis So:urity insuvinem an�!et�,tt continue ro occupy the Mopenp as 6ortm�xrh prinripal resfdence for at 'i ,-.f
<br /> _— kaaa ono pav nh:r a;�e date of occ�pu:Ck. +;�%:ss Lender aherwise agrces in xTiiing, which rnnstnt shall ad be 1`a�t*^'__�.
<br /> unrcasonably withhet9,o��nfes>ex��ca:r.:g risumswnar axis�which are 6eyond Dorm���erk comrol. Dorcow�cr�tull not y��,E,..,,..
<br /> -:ti� destroy,damage�impair�ha Pnup:x<v.a51ow iht Roy+trcp r.o.����riorate.or commi�w:n[r nn ihe Propeny. Qorm��Yr shall ��fR" .�.a .__
<br /> -�—" be In default If aiy fotfelmrc ac�ion or priecoding,whsth:r ce.it.r crintenal,Is Ixgun ntnc in 6enderl good fai�h judgment �%,�;��I;_�.--
<br /> .- eould rcsull Ix t�tzi�urc of ihe Ploperty nr o:herwite mmerially imp'.rnr�e Ilen cma!n4 by tr�x Su.ud�y ]nsmimem or �-��,� i? _ _
<br /> �.- � Lendrr4 seae5r.y m�eres�. 6ortower may curr sndi a defnul�nnd ieinstate,s FrovideJ m pxfa�rap'n[8.b.causing the acNon S�< . _
<br /> or preceed'mg ao h dismisse4 wi�h a ruling tha4 fn Lender3 good faith de�ermination,prcclu a(orYeimre of the Rorcower� F,,3„t43; -
<br /> inEC<:s�in e5e Aopeny or o�her n�atedal Lnpairmem o([En lien created by d�is Security huwment or Lender`s security ��+ 5z,gu,',w
<br /> -r'.. Ir,xaest. Bo:no��er shall also ix In default if Dorcower. dudng �he loan nppifca�lon pracess, gave materially false or ✓f R�}j>t ,_
<br /> -��� Inaecumte informauon or s�atemenls ro Lender(or failed to provide I.ender with any malerial inforcnatioN in comieaion wi�h 7� ;�S` _
<br /> „ :�, l8e 1cNn evid.nacd 6y Ihe No�e. Including, but no� Ilmited �o, represemations wnceming 6ortower4 occupancy of Ihe i�� r _,. _.—
<br /> �''';: Pro�eny as u prir,cipal rcsidrnee. (f�hls Saad�y hummiem is on o leasehold.Dovowet shall comply wi�li all the provislons ,r� - _
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<br /> -�-' o5rke Itue. If Dottower acquircs Re tille lo Ilic Yropcny,�ne ieaseiiold and tnc f�:G�le>hall cc:mcrg:ur.:,..,..Lertder�:e� ��,, -��
<br /> R�- rochcmcrgcr(nwriting. �'�`� � '
<br /> Y` 7. Protection of Lendcr's Rights In the Properly. If Dorcower fnfls io pedom� thc covenants and ogrremants f •�s� � _ �
<br /> r'?-� contafned In Ihis S<cudry Insuumtnt, or�here fs a Iegal praeeding thai m.ry sigmficamly affec� Lender�s righ�s in the - ���q�.�u r` __
<br /> -°A.- Propeny(such.xs z g�xeeding in Wnkmp�cy,probate,for condemna�ion or forfei�um or to enforce Iaws or regula�ions),Ihen � +�-•F„ al�.,�-
<br /> - �c� Lender may do x.ui pay for v:ha�c��er fs necessaq��a protect ihe value of the PropenY�nd Ler.Jert r.�*-��in d�e•fteFrriy. ''���-; '�
<br /> �r Lend:r's ections may include pacing any sums securcd by a iien which hns priority over thfs Securily In,.n:�r.ent.:{p=�inS : �Z��f R —.
<br /> in cvxn,�ying�easonn6lo aaomcys'(ea and entering cn che PropenY to make repairs.Al�hough Lxnder may�a4a anion f,�� F ti� „
<br />�.`�'�� m:0:rthispvagmph7,Lcndcrdcesnothavc�odoxa �',� ••F�a"� �
<br /> rs'�-'1 An vmu:v_c disbursed b Lender ondac thic iri n h 9 sball Ixcom.e additional deb�of 6uRa.ver srcured by�his t }��^'-" � -
<br /> �n� Securit�Inatn:menx_ Unlcss 6orro��er and Lcn;k�aFrcc io niher tcmis of paymcN,thcse amounts shall brar Inlerest from thc r`��''�h,�1f1>���'' �
<br /> ��;� dnte o(dishx�n.emrnt nt�he Note r�:e and shell Te pau:�Sle.��iih interes�, cn,on no�ice from Lender�o Uono�ver requcsting - rrF �i�T �
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<br /> '` i Paymcm. )�f;h��rt'.-;�;'
<br /> ,�,L` 8. 1ltorlg�ge Insurance. It Lender rcquirad nn:tg.�fe inaur•nce cu a cundi�iaz of making �he lo:m securcJ hp ihic 1 ilj t„ �,�� ,:.
<br /> � _.` Security Insuument.6orco5ver xhall pay ihe ,�rmiums rcquired w mainmfn �he monpnge inscrance in cffcct. If,fo:nny _h i.�����tj�, y4_s;:.
<br /> rcuon. Ihe mort,x e insur�nce cavem e reraiced b LenJer la xs or cwses lo be in effceL Dortower shall pay IAe , �
<br /> F S , Y P ' u �.fCr'{< �'hs<:.
<br /> ,_,r prcmiums reyuU.J to oMain coverage sub+<umially equivalem �o ihe mongage inswance previously In effec4 at n eos� ��+ .n�-�xe +„
<br /> �: substamiall e urvalem ro ihe ws�to Uorto��cr of d�e mon a e insunnce rcrlously in efteci.from an altemme mongngs . ? A<.=�j�fYS F'r'
<br /> �??+� insurcr appYroved by Lender. !t cubs�amially cyuivalem u;ong;lge insuranceeoverage is not availnble.6orrower ahall pay�o ��; }`'tT'���r_:--
<br /> M�-# Lcnder cach mom6 n sum aqual �o ona�exi�h af�hc ycad� mongagc insurancc prcnuum hring paiJ by UoRmrcr��hzn�hc �{'�<� 't�r�M X __
<br />._N ,�_� inwrance covemge Ixpsed nr rea�ed�0 6e in rf@a. Lendrr�4�iI1 nccepi,use a�id rc�ain�hese Nymems as a loss rcsene in I(eu �-�l,� , �,
<br /> of mongage inscr,�rce. Loss reserce pa}�rt�a<s may no longer be re�p�ieed.at the op�ion uf I.cr.dac,ir mongage Ineurance {�' Z J'� rt ._
<br /> <F� coverege(in the mnoun�und(or the perial ihae Lender rcyuires)prorn:Yt hy an insun:r appro�ed hy Lander again hcom.s � Sr k,' �r� _
<br /> availzble and is ob�alned.Uorro��rr shall pay the premiunu rcquired�o maimain mongaSe insurance in affeci.or m p:o��ide n ��� yt s i,i ,:�
<br /> _� loss rcscrvc,umil�he rcquirzr.;cm for mongagc insurance cnJs in aaordnncc wi�h anp��rinen agmement hcnveai Uorrower r;���y_�3�. ��-_.
<br /> t _: :md Lendcr or appficablc law. y� -
<br /> 9. Insptclion. Lender or ils agcnl may n+-.kc rcawnaMe enlricx u{wn and im�wruons n(Ihc Propcny. Lendcr shall €��'fr4t,,(�t; > �} 7
<br />,�-Jj:,,�. givc6ortox�crno:ictallhclimcoforprimin:mimpcction.pccif)fngrc;�.nnabiccawclor�hcinspcaion. �.,.�L�c•�i>...,,�.z�-
<br /> ,�= 10. Conder.ma�ion. Thc praced.ofnny���arJ or.laim fnr Jam:�Fa.dirca�,r conxqucmial.r.i�onneciion��iih any �r+��� ,^�z �S� ,
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