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<br /> 4���} 98 ���� LOAN NO. 1 5 3 9 2 1 7 5 7 0
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<br />_�..Q�•�� All IfISWQI1Cd p0IIC4d9 dfld P6�6Wdi8 8fld�l bb aCC6PtAA�6 t0 L6f1l�@�&fl(l 8�1811�r1dUC168 8lfllldBPfl fl'101'tg8Q9 C1811S8. �
<br /> - -- Lender shaN heve the�ht to hold th�pd�les and renewnis.If Lender raqulres,Barower shall prompdy give to Lender
<br /> ,�� aN rece�pte of peki premlums and renewal not�ea.In the eveM of lose,Barower shall ghre prompt notice to the �-
<br /> _:�=� Inaumnce carrler and Lender.Lender may meke proof ot loss ff not made prompily by Borrower.
<br /> _ � UNese Lender and Bcxrower othenvise agree In w�tting,Insu►anca proceeds ahali be applled to restoratbn or repaIr
<br />_ of the P�operty damafled,H the restoratbn or rapair Is econom�ally teaelble and Lender's securlty Is not le�er►ecf.If the --
<br /> .. restorntlon or repair Is not ec:onom{cally ieaalble or Lender's security would be lessened,the Insuraax,•a Cxoce�ds s� -
<br />�-",`,-�: be applied to the euma secured by thls Security Inatrument,whethor or not then due, wlth any excegs pakk to Borro+nrer.
<br />- `�' ' �'' It Botrawer at�andons the Property,ar does not answer within 30 days a notice from Lender that th,e 6r,�u�sa��Laurler
<br /> =:,.�... .� _..
<br />-�;`Pi;-'''-. has dtered to sottle s clalm,then Lsnder may adlect the Insurance proceada.Larxio�ma,y use ti�e p+�ac.�eeds Ru�rapnl•r
<br /> :,'•�:,,,�,� ' cx re�tore the Property or to pay aums secured by this Security Instrument,whet 3�or e��not then drae.Tt�a 50-��y�anr� `
<br /> _,;_,�,�; wWl I�egln�vhen the notice Is gfvoR.
<br /> q;;.�. Unless L�¢,r and Bcurower othervvise agrea(n writing,any ap�aVt��ion oi procaeda to princip�i shall not c�xtsrxi nr
<br />-^=�R�«�: pos►,pone the dc�date ot the monthly payrnenta referred to in parag�a��2 and 2 or change the amount of thv
<br /> " ""�'='� pelrte�ear�.3. I�uuper paragrap8n 2�the Property Is acqulred by Lender,Ba�rr��vEr'�tlg�i to any Inaurance pol�ios and �
<br /> �-`--��''� pro�eetls resulting frarn da�rr��to the Proparty priar to the acqulsitbn s'ha31 pa�s to l.ender to the extent ot t���aums
<br /> --.�r secur�i by thls Secu�ty trsStn¢a�nent Immedletely prlor to tha ecqufsaion. -
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<br /> � e.Occup�r►cy,PruM�tlon��I�IM�n�nc��nd Prot�ction of tho�'rog��s�+;�arrower'a�.aa n Applicrtion;
<br />-...,,�� LNNhold�. &xrower st�aN occupy,estebilsh,and use the Properry as 8orrowor's�rincipaf rmsldence wfthln sbcty days
<br />-���!M after the executbn af ttEJs S+�trrity InstNmeM and shall corninue to occupy t�e�Qaperiy as DosrawePs pHnci�l
<br />_-- - realddnce for at leest one X�ar a�tor the date ot occupancy,unlese Lender othervvlse agrees in writing,whlch r.on.aent
<br /> �,�„„�.,.� , shall not be un�easonably withheld,or unless extenuatlnq clrcumstances exist which are beyond Borrower's cartrd.
<br />_-_'="`�`.� Borrower ehall not destroy,damafle or Impair the Property,allow the Property to det��lorate,ar commR waste on the
<br /> �- Propeity.8orrower ehall be In default M eny forfe�ure actlon or prxeeding,whether clvN or crimi�ai,Is begun that fn
<br /> - Lender'a pood faRh Judgment could resutt In forfeiture d the Property or otherwisa mateNally Irnpalr the Ifen c�eeted by
<br /> -- - th{a Securky Inetrumer�t or Lender's security iriterest.Borrawer may cure such a defa4�tt and reinstate,as p��ided In
<br /> ,--=� • psrayraph i es,by cAUSi�y tne aciion or proceedinp iv oe tiismisxed Wiih a rUiiiy i`r�i, ir�i.nr�uvi'b yuuu'i�iu`a
<br />_--- �,rt determinetbn,predudes fafeiture d the Borrowet's Interest In the Propeny or ather rnAtertol tr�palrrr�nt mi ihe Ilen
<br /> -=-= c�t� b�th�3scurtiy In�tn:mont Qr Lwxier's eecurli;lMerest.Ec+rsc�ver shr.N�lsn�1�in defai�ft N Barrawer, during the
<br /> ? ''^� loan applk:ation pr4oeas,�tave materiaHy false or Inaccurate Ir�formatart or staterr�ents to Lerxler(or iall�l to provlde
<br /> -_�= ��`�' Lender with any materlal Infomnation)In connectlon with the loan ewcieo�ced by the Nde, induding, but not Ilmited to,
<br /> --__= representatlone conceming Borrower's occupancy of tho F'rape►ry as a principal residence.If this Secu�ity Instrument Is
<br /> — on a leaselwid,8orrawer shall comply with sll the pravislor�vf tha leage. If Barower acqulres fee tkte to the Property,
<br /> the lessehold and the tes tfde shall not merye unless Lender a�n�s to the merger In wrltinp.
<br /> • 7.Prol�cdon of L�rider'�Riphb In th�Propwty. If Elorrower faNs to perform the covenants and apreements
<br /> --- contelned In tMs Security Inatniment,or there la a lepd proceeding that may sipniflcandy af(ect t.ender'a riqhts in the
<br />____=— . Property(auch eis a proceedln�In benkruptcy,probete,tor condemnatlon or fortelture or to entorce laws or
<br />-=::�� . re�ulatiora),then Ler�der may do and pey tor wFiatever la necessary to protect the value of the Property and Lender's
<br />-- — . �� ri�in the F�rope�ty.L,ender's actbna may Indude paying any suma seaured by a Ilen wh�h haa pdority over thls
<br /> 3ecurky Ir�tnmient,eppearing In coun,payin�renaonable attomeye'fees and e�terin�on the Property to make
<br /> .�'± repaMs.Although Lendar may taka action under thls paregraph 7,Lende�doea not harve to do ao.
<br /> — � '� My amounts d(sbursed by I.ender under thls paragraph 7 shall become add ftbnal debt of Borra�wer eecured by
<br /> _ thls Sectxky Ir�strument.Unlesa BoROwer and Lender agree tv other terms af payment,theae amouMa ahall beer
<br /> Interest trom the date d dlsbursemeM et the Note rete end shell be payable,wfth Ir�ereat,upon nat�e from Lender to
<br /> ---� Borto+ver reque�ting psYment.
<br /> --== A.IlAortyap�Ineuranc�. If Lender required mortya�e inaurence as a condition of making the loen secured by this
<br /> Security Iratnxnent,Borrower ehall pay the premiums requ(red to malr�teln the matgage tnsurance In e�(ect. If,tor eny
<br /> �. reason,the mortgepe Insurance coverage requtred by Lender lapses or cee�ses to be In etfect,Borrower shelt pey the
<br /> --� premluma requlred to obtaln covare�e substantlally equNaleM to the mortga�e insuranceprevIousiy In efFect�at e cost
<br />-'� subetenti�My equivalsnt to the cost to Borrower of the mortgage Insurence prevk�usly In e(fect,from an aitemate
<br />--� mortpsge Insixe+�approved by Lender.Ii substeMially equlvele►n mortfla�e Insuranca coverage Ia not avaNable,
<br />------ , Bonower eheN pay to Lender each moruh a sum equal to one-twetfth ot the yea�fy mortgaqe t�surance premtum beln�
<br /> pe{d by Borrower when the Insurence coveraQe lapsed or ceased to be In eHect. Lender wlll eccept,use end retain these
<br /> =��� paymenta es a loss reserve in Ileu d mortgage Insurence.Loss reserve paymerKS may no la�x be requlred.at the
<br /> "'°-'_-`�:.� opt'Ara af Lender, H mortQafla tnsuranco covo�tgo(In thc:muuM and for tho pericds that Lcnder requlres)provlded by
<br /> �;`w�� an iros�uvrr approved by Lender egaln becomes avaNable and(s obtained. Borrc►wer shail pay the premluma required to
<br />=�w''�'�° �� maUaatn rtartga!,�e insurence In eHect,or to provkle a lass rer.�erme,a�ntil the requirement for martgaqe Insurance ends
<br /> -`"�"�' � In accondaecv v�1�o�rry written agreement between Borran�a►�L�ac11�r or appi Icable law.
<br />-=''�`����� �� 9. 1 Lender or Its e ma make rea�af�e�+�trles apon and fna lons ol the Pro
<br />...�..�,.t Oe� Y � PBnY• Lerxler
<br />-��`�:`�:r:�.' 6�aM give��T notice at the time d or pri�r to an Ins�xctfon specfi'ytncj renrc;+r+at:�Se cause for the(napGCifon.
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<br /> ISC/CMOTNE//07D2/3028(9�90)•L PADE 3 OF a
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