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<br /> petiods that Le�Wcr roquiron. 71b incuautcc cart9er pmvldln�the incunu�ce�hall 6e chosen by Bonower subJoc�to Lenderk `
<br /> �oval wh{ch�11 not bo un�n�a�wWy withhcld. !f Na�rowar fiile to n��fMain coverage dcrcdt+ed wtave.I.Gtdor m�y.+u
<br /> , L.cnder�opbn,ob�ain cover�ge�a pmteet l.endert d�h�s in�ho PmpcAy in��onlamr wilh pu�gtaph 7.
<br /> All insuau�ce polkka�nd renewal��hall 6e��ep1�I1I0 fQ I.CII(�C��Ild iI1�II�11CIWI0 N f1MfI�RI Ip(1i1$Y$O CINIIiQ. I.etwfer
<br />—;! rh�ll havc Ihc d�ht to hold the palicks�nd nenewal�. �P I..cnder rcquitex.Eiomawe�slwll pmmptly give to Lender all rccoipts �
<br /> � af p�W prcmiwns�nd rcecwal nafce+�. In the event of ic�v,iMmnwer�hall give prompt natice�o�he incurwrce carrier�nd ___
<br /> _u l,endcr. I.cnder may make proaf at loci if nd made pramptly by Borrower. _
<br /> Unkss Lcixtcr w�d Borrowcr whenvise agree in writing.insumnce pcocceds sh�ll be applied to rcsiom�fon ar rcpuir of o�::�:-
<br /> *_. Ihe Property damagod, iP iho rcstorAUon or�pair iR ecanomically feasible and l.ende��sccu�ity is nd lossened. (f iho
<br /> �estoruti�n or�pair ie not economically fearible or L.enderk secudry would be Icscened,�ha ins�e procada shwll be _
<br /> appUcd a �ho sums sxured by this Security l�stn�ment.wbethe�ar nw then due,wUh ony excess paid to Bortower. If __
<br /> �� Borrower a6�cdons Uie Prope�ty,or doe�nat anawer wl�hin 30 days p oatice from I.ende�that the imurwrce carrier has �.:_
<br /> �- _ - oflerod w seple a ciwm,uhm 4endor may collect the insurance proceeds. Lender ma�use�he prwcee�l.c to�npair or resta�e �:
<br /> the QtopeAY ar to p�y wms Rocwrcd by thio SecurNy InWnunenl.whetF�er ar not tNen d�re. The 3aday petiad will begin w6en �.�:.
<br /> _-- dro notice is givcr. �
<br />— Unkss l.rnder aad Barower otherwise a�rce in writing.any a �catian of proc�to pincipal shall na exr�end or
<br /> �en
<br /> poslpone the due date of�he nwMh1Y P�Y��s rcfemcd w in p�uragrr�is 1 s�nd 2 a•ch�nge Ihc u��ow�t of tho payme�ts, li' _-
<br /> �x'� ' �i ��P�!'�'=t the F'ropeAy is acquue�d by Lender. Bonowero right to sinY insutarrx policies and prm�eeds resul�ing _._
<br /> p fmm dtptugr���,�;�he P�operty prior to 1he acquisi�ion shall poss b Leoder to the eatrnt of 1he sw►ss secured by thic Securi�y —_-
<br /> -�'" tasqunnens 4m�ed;paely prior�o the acquisition. —�_-
<br />���.� b. 01�caupa� Preserv�tioa. M�4otear�nce snd Prohclia� of the ProperlY: Barra�rer's I.oaa ApplkAtion: —�--
<br />--- �Aolda, B�r��wer sholl occupy,establislt,s+nd u+se Ihe F�roperty a::Bixmwerk principal resideoce wUhin sixtq days Aftee =
<br /> - _-_ ,�; thr�xenufmn a►Y KJe�•c Src��rity Inarnimrn�an.i chall cominue to occ�u►}•�.�he Pro�crty a+�Bcurowe��principal rcaidcacc far w
<br /> � , k�st one yeavr ai�ter•�he data of occupancy. unless Lender otheta�a+e aga:ea in wriling. which consen� shnll not be � �",`
<br />` u:�measa�abl �•at�+�hrld,aeu wm&esa eatenuatin cireumstnneex exi�t whirh ure be ond,6D�tmwer's condul. Bomower ahall not �``��
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<br /> r• '.�+.�•:k �t.smuy,dampg�e�+mDn�ia a�h<<Ptinperty,nllow thc Properu!;ar�dete�iorate.or com�ae�t wa<te on the Propetty. B�eraowtr slwll
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<br /> :�-: '':�-y.�• br in default�id a�y't�orica�tur•e uction or pmceeding,whe�Ct;s rivil or crimuwl.ia be�wao that in Lenders goad faiuh judgmcnt �ti;,':-
<br />_ ��• � could �esuit ire frt�rS'eimre of the Property or othervvise r�utcrially ltasgair the Ile�o created by this Security Irasuumcnl or ��;`_
<br /> :!�;t' Leaderk seeuciGy.intxrcxt. Borrower may cure such a defnult und reia�ua�,as providxd in h 18.by causio$the acti�a
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<br /> � , .�,;: or procading e�s br dismissed with a rulin�thw.in Lende�k good fadtih<�ete�minatian,preclu es fodefture af the BorrowPr!�
<br /> � • �"`r tercst in the Pro or othcr materiat i imient oi ehe Uen cmaied b thi� Seru�it bswment or Le�x2er� serurit :�''?
<br /> � � P�Y � Y Y �� Y �:�.
<br /> •"'� ''�5`' interest. aarinwer shull al:,o 6e in defaui� if Borrowti�, d�ri�a� tt�e luan application process. gave mareri:al�;y false or +'"
<br /> -; ., . :, - i►�aceurae information or�au�°+ments to Lender(or failec��c c�provic4e i.ender wi�h any materiW infom:aion)in connectia�with � �'"a s
<br />:�,-'�-;, �the loan evidenced by t�e Note. includinc, but not�l�mited to, represemu�ions concerning Bormwer's occupancy o!�l�e �"��?�
<br /> --__ Prr�prrty as o�rinciQnl re�u�ence. If this Securiry Instrume�ft is on u leaschold.Bomnwe�shall crnnply with a11 ttae Qr�avisior�s
<br />- of the lease. If Bomowor acqioiies fa tiUe tu ihe Pmpe�e},the kasehold und thc fa title sh�ll not mergc unless Lender agreec i-��
<br /> ` to the merger in w�iting. .��:,,::
<br /> � ' 7. Protection o�1.ender'e RiQhts In lF�e Propeirta. If Bomower fails �o pert'om� the covennnts and Rereements �.f;;_,
<br /> '� '• �`•`�"'� canwined in this Security Insnument.or there is n 1a�11 proreeding �hat may significonUy affect L.ender�s rig;h�s in the x��
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<br /> ��` _- - _- _ Pn►perty(r.��ch Ax a�xeceedina in hankn�rtry,�er�hnte,fnr ernwlrmnnti�n..r fiNfeilnm or Io enfortr. lewc or regudfl7ien4),Ihen ��",
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<br /> �.,,, . '��• Lender may da and pay for whatever is oecessary to protect �he value of the PropeRy and Lenderh�ight� in Ihe Pmperty.
<br /> '_ Lenders actions may include paying nny sums secured bv a fien which hax priority over this Securi�y Ing�n�medu,appearing
<br /> �L;� . ,, � �w.�' in caurt,paying�ensonnble At�orneys'fees and enterin�;a�n�he Piroperty to mAlce repnin�. Although Lender m�y+atce action -
<br /> _ .0 E . '�;,^ under this paragraph 7,Lender does not hs►ve to do so.
<br /> __ �"��", An� amounts disbursed by Lender under thix paT;��raph 7 shall become u�Witionnl deM of 8orrower serured by this
<br /> '' �„ �; \ Security Insuument. Unless Borrower and Lender agree¢-o n�t,h�er termc of puymen�,these umounts sfinll beu intercst fram�he -
<br /> �����` '�' date of dis6ursement ul the Nate�me ond shull be pnyu2►�, wiih inrrrest. upon notice from Lender tc�Hormwer requeslin� '
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<br />;u �;; e�,��C'�,�•°� 8. Mortgage Insuraace. If Lender reyuired mong,ig�e insurance as a canditioo of making the Ic�an xctand by this �'
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<br /> ;t�� ,y,;�«;; Secudty Insuument. Borrower shall pay �he premium� rx�uired to maimain the mongoge insurence in e�d'.cc. ]f, f�any �;:
<br /> R`�g �'�``'��"''" :� reasan, �he mortgage invurance coveroge required by ��ci�er IapRex ar ceu.ex �u be in effect. Borrovr�er sha91 pu�•tbie `�f';�
<br /> •'.i�+�J� `�� .� s�,. ptsmiums rcquired to obi�in coveroge subs�antially equiti�a9.�nt to�t�c ta�ongogc insurance previoualy in effer�, Ql A COiI!
<br /> '--=����" r substnntially equivalent to the cost to Borrower of the moragage iotwr.+race prrviouxly in ei6ect,from an ultema:e moraguge �,;�;J...
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<br />- "`} �;:?��•'' , �' insurcr approved by l.ender. If substantially cyuivuleot mnmtgage insuann�e covcrage is niN avuilable.Borrna•er shu11 pay ta f,;
<br /> Y�� `"''�'' '" '' Lender each month a sum ual�o one-twelfih of�h�tie;ar,;u m� a e In�uronce remium bein aid b Bo�uer when the ' "�
<br /> _��� .• ; -.:.�, ..'_� �l F'R P B P Y <�f„
<br /> ,.,.y insuronce covernge lapsed or cea�ed to be in effec�. L�a�r�a•iA uccapt,uK und rewin the.e puyrnen�.�a+a lo�s rsti�-rve in lieu �•;•;;
<br />°- ,� � •-,,-F-��•�� ',-.;. of mortguge insurunre. Lus,reserve puyment�.muy roe► lon�er be tec�ufred,ut the option af Lender,if mongage inxuronce �•�`
<br /> ,�^ „ ,N,,,;, coverage(in the wnount and for the period tha�Lendcr rrqu rex��+rm��:l::d by un insurer upproved by Lender again beco�
<br /> '�� '`Y . �s.� avniluble and is ol+tained.8ormwer chu0t r;�� �hr�mium�myuire��R•n rneimuin mongu�er in.urunrr in effer�.or�o pmvide� _._
<br /> ';;�;, .•. ;��� loes rererve,until the requiremem fiu mur��u�e imuo�r,�e end.in ucrordunce wi�h uny wriuen ugrrement beiween Rorrowe� `.
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<br /> �+;��"' ,��,,;-:��,rti�� ,�� �d Lender or applicable law. '�
<br />�;;s�;., , .�.:p;�.,�• . 9. Inspection. l,ender or its agem muy makr rr�,nnrble cmr.c,upun und in�Fxrtinm of the hruperty. �.e�der chull ` ,. .
<br /> '�•���- •,; ;� . , ��ve Bomower nWicr ac¢he ti me of or prior M un in.pecei,�r:specit'ying rcuumahlc rowr fi�r the impeclic�n. �:t:
<br />-''f� +i L=�,•_LL�__ 10. �'aa�wow�tioA. '�'J�prcxeed,oP nny awurd or rlaim f��r Juma�r..Jircrt ur romeyurntiul.in wnneclian with a�er `r-'
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