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<br /> pcdncis qint l.cnda rcnnir�. 71w insurance carcicr ptoeldii��h:Insuranco shall M choscn by Bonowar sebJcct�o Lender8
<br /> ° o{.provil�eldd�shell�tol be unrcascx�abty wf�hMlA. Tf Anrco���cr faila to milntxln mvcraga dsurf6cd alwvc.i.endar mny,nl . .
<br /> LenderB op�ion,obiain co�•eroge to praace I.en�kr's rights in�he Pro�xey In acconfancc a+i�h puagnph 7•
<br /> All inaunnce potictes a�d renewais sM1ali be accep�abie to Lendernnd shall Ixiude a siandard mor�gage ciause. lander
<br /> � shall ha�•c dio dght to 1�oSd the poliNex and rtnawals. If Lendcr rup�lrcs,iioiro�ctr shali pmmpUy 61rc to 4enJcr all rcecipis
<br /> of pafd prcmiums and rcn:w�l noiicex In ihe cvent of loss.�crtowtt shall give prompt no8a:co�he insurancc w�dcr nnd
<br /> Lcnder. Lcndar may make proof of loss if not mxk promply by Uortowor.
<br /> Unless I.onder nnd Oottower o�henvise agrce in wriiing,insurance procecds shall be zypiled to rcstontlon or rcpair of
<br /> tlw iYoperty damaged, If�he rtsioro�lon or rcpau is ewaomically feasiblc mid I.e(nter's sccuri�y Is nm lessenad. If t6e � -- �
<br /> restoration or rcpair is na economically fexsibla or Lender�sccudty would Ix lecsened,ihe insunnco proceeds shall tro
<br /> npplicd to�hc wms sccurcd by thle Sccuri�y Insimmen6 whcihcr or not�hcn d�c,wf�N any axcess pnid io Dortowcr. If
<br /> Ilotto�ver nbandons�he Propeny,or does mm �nswer widdn 30 days a notico fmm Lender Umt�he insur.nco cnrricr h;u
<br /> ottercd to settlo n clalm,then 4ender mny coticct iho insur,mce proc«ds. 4enAer may use t0e procceds�o rcpnfr or restoro
<br /> Uw Propeny or to pay sums securcd 6y this Security Inswmem,whe�lier or not�hen Auo. 7Tw 30-day pedod will begin whea
<br /> tfie r.ogce Ls given.
<br /> Unlesa I.ender and Gartower o�terwice agroe in writiny,any appItcatton ot proceeds tu principnl sha!I na exceivi or --- -
<br /> postpoc.e the duc dato ot Ihc monUi[y payments rckRed to in p;uagrayhs 1 and 2 or thange the acr.ount of�he paymertGi. If
<br /> under pingmph 21 the Propeny is xn�uirrd by Ler.der,Borrower§right to any insutantt poficies nnd p:oceeds raulting
<br /> from damagc m�he PYopeny prior to�:e acquisition shall pass to Lender ro the extent of U:e sums securcd by this Security --
<br /> Ins�mmentimmediarelypriorrothea�quisition. --___
<br /> 6. Occupancy, Pcxservailv+e, SSfaiNenr.n.r an� Proteetion of the Properiy; Bere�»er's Loan Applica:Fan: __
<br /> Leaseholds. porcower shall acupy,uiaMish,mu!use the Propzrty as Rortower4 princip,il cesidence within sixty days aRer -_
<br /> �he exautlon of�his Sxurity im�mmtr.t s�sL:!�S se�tinut ro arnpy the Propcny u Borto�xerS principal residznee fot u .:.=,�__
<br /> Ieast one year afmr the da:e of oocapancy, «n[ess I.ender olhenvtse agrces m writing, which conxr.t shall not R �":�-�
<br /> unreuonably wi�hhel�l,or ur.less exter.uating cin�:mnames exisl which are beyond Onrto�renc�ontroi. 6ortower shail rtot '�''�;�"
<br /> ehstroy,domage or impair�he I'roperry,afSa�v he Aape2y to de�crioro�e,or commi�was�e on the Propcny. Oortox�er sA3tI ���_�1;,:
<br /> be ialaPm.h If any fodeiture action ci prxecdinF,x�heeter civil or erimfnal.is begun�ha�in L:,�er�goad Poi�h judgmcac yyyr_�_�
<br /> co�+'r.t�rsnit In fodcituro of�he Pro{YSty�o:o:hen��ixt marerially impair�he lirn crwted by +:iiis Securiry Inswment cr. � -
<br /> Lende�:�r:uri�y Interest. DoROwer m:�y curc such a defaul�end reinstn�e,as provided in paragrnph 18,6ycausing�he action �it',.-�=5�!�
<br /> im ies� In�II,c�Ptopeny or o�ihertmv n!al�mptirn•.r u of�hc I�fedn c�realed 6y�his Secur y Ins�rumentuor Lende6o eeuriiy ���?�-_.
<br /> istercst. Oortower shall also Ix in defanit if Dortower, during the loan applicetion prceess,gave ma.erinlly (alse or �����
<br /> inaccuretainfomia�ionors�a:ementsie0..enler(orfailedtoprovideLenderwi�ha�ymaterialinfonnatioNinconna�ionwi�h 1���t-�
<br /> d�e loan evidenced by �he Note, ir.clu:ling, but not Ilmited �o, rcprtseNatlons concemir.g OononerY acupancy of�he ����'�•'�
<br /> Propetty as a prinefpal residence. !f�tis Suurity Instmment is on a leasehold,Uorrower shall cnmpiy wi�h all the provisions ��:'.:'-:
<br /> oi�he leue. If aorm�ver aaquires Ccc liilu iu the F<c�c�iyJFc itasch'v1A a�t,t`s:_:�!:sli:+!!^a^xt�e t:.^.ks L^_r.^_^r_gre^-s =- `"
<br /> w thc mcrgcr in writiqc. ��,��-
<br /> 9. Prolecllon of Lender's Rlghts in the S'rnkerly. It Dortower fails io perFOfm ihe corennn�c and agrcemen�s ��"
<br /> cumair,cA in thls Securi�y Inswmer.4 or iherc is e Iegal pr«ecding that msy sigmficxnR} afhct I..endcr's righis in ihe xt�s;::.-
<br /> AroF.crt}-�such;u n proceeding in b�aFrup�ry.probut.,tor con:irmna�Ion or forfcuure or�o enfnree laws or regula�ions),ihrn �.fy<:i;-`
<br /> Lend�r may dn and pay for whntever ix nacssary�o pro�rc�ihc ralue of the Pfoperiy and LendcrF righis in the 1'ropeny. �:.�ris_:-�
<br /> Lender\r.c�ions maq include paying any sums secured by n lirn�ddch has priority over this Security Instremenl,appearing �2�=`:�:::-
<br /> in coim, � in n,sonab!a snome s'kes nnd emerin on the Aro tl �o make rc airs.Althou h Lender mu �ake action t" ��--
<br /> ➢�Y F Y 8 P� Y P 8 Y �"�°,��:.
<br /> under this pvngnph 7,Lender das na ha��e to do so. j��^z"--
<br /> An} .�moums disbuned by Ler.der under�his par.graph?.hall become zddi�ional debt of 6orco�eer secunA by this - -
<br /> Securi�y)nswmem. Unless Darrower:+nd Lcndcr agrce�o o�hcr cerms of paymen6 thesc nmo�m�s shall bc:rintems�!rom�he n r
<br /> date of disbursement m the Nme rateand shall be payable,wi�h intercs4 upon noiice from Lender to Dortower rcques�ing r��� _•.
<br /> paymcm. .'+'y.:�
<br />' 8. 1lorlgage Insurance. If Lender requieed rtrongagc insur.�ncc a�a cor.di�ion of m:ilcing�hc fea�securcd by this „���.x�__.
<br />� Sewri�y Insuumem, I3ovox�er shall piy �he prcmium� reqnited to maimain the mongage insuru:ce in c((.-c�. IL for :u�y �}�.;:�:�:
<br /> reason, �he mongage insur�ncc rn�emge rcquircd by Lender lapses or ceases to be m effecL 6ortwver shall pay tUe �It�,�:.,•_-
<br /> premiums rcquired to obiain co�e�aga cubsiamially cquiealen� to ihe mortgage insurnnce p�evtausiy in t(Fecl,al a rnx G%:,�..c,•;-:
<br /> subs�amiaU e�urvaleN to�hc cos� ro 8ortowcr of�ht mm� a c insur�nce reviousl in cftect, fmm un almmatc moaexge x��'•'����
<br /> Y I � 8 F P Y p-m,__:,:
<br /> tnsurer approvcd by Lendee It subsuntialty equiva!em mongage insumnce cm�eagc is noi available,Rormsser shall pay m �V,Y{i..
<br /> Lender each momh n sum equal io ore-nvelf�h of iF.e yenrly mongage inwrance prcmium being paid by Dertower when t6c �:;`;�_=,.
<br /> insumnce coveragc lapxd orccased tobe in ef(ect. Lender will accep�,use and n�ain�hcu paymtnu as a loss reserve in licu z�°=�--
<br /> a.r:_,.
<br /> of mongage Insuranea Lou resrrve paymmis may no longcr 6e requircd,at the op�inn of Lender, if mongage inmrance i 5h���,:
<br /> coverage(in the amount:uid(or�he period that Ler.der requircsl provided 6y:m insurcr approved by Lender again Ixcomes f�`'=.°�+,�
<br /> - availablc and ix ob�ained.�ortower sM1all p.ry thr pmmiums mquircd to maintain rt:ongagc insunnce in e(teai,or m provide a s�`.'s•_..
<br />- loss rcserve,umil tha ree�:ii�rmem for mongage insnnnce ends in accordar.a•ni:h:my wrnten agnrmem ha�ween Dortuu�er -t��,c_
<br /> �,,2�'....
<br /> .ndLcr,GerorapplicaFlel.�w�. -- n.-..
<br /> 9. Ins rellon. ler.dir or ils a ent ma makr taamnablt enirits t� n and im eliuns of the Pro rq. Lendcr xhall �'"'�``'
<br /> P & Y M' Ik Pz t`..=•c.,��
<br /> gire�orrower nmice nt ihe time of ot prior tu an iusppcliun sperifcing teasonahir aanu for�::e inspecliun. ;�';;��;___
<br /> 10. Condemm�Oon. 9Y;e proctads of any aw;�rd�r ctaim lor damages.dinri nr rnnrrqntntial.in cor.r.rclion���iih nnc t;;^i'>y.-.
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