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<br /> ���it17�08 �
<br /> S. H»ard ur Prnper'ty Insur�n�'e. Borruwcr sbnll kecp A�c impmvcmcntti nuw exi�dng or htrc.lRar crectttl on the
<br /> uN..wnv !pu►red againxt lu�6v lirc, hwr.�rdw includtxl witl�in thc tcrm "extcnded awcrugc" und uny athcr huzurds, including
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<br /> ll�x�l.ur flaxling, for whirh l.en�cicr requires insurrmcc. Thf�s insurancc shall bc mamtuuxd in te�c unN�uui,u�w f.�� i��� �����M�
<br /> that l.eixlcr r�uirca.The insurnn�;s caRier pmvidin��he insuronce shuil be c:hosen by Burrowcr subject to I..crwlcr's appravrl
<br /> wltich �hall nnt tie u�trcau�nably withheld. Ii'fic�m►wer f'ylls tu nu+intuin em�ort�ge descrit►ecl utxive. I.eeKler �twy. wt I.ender's
<br /> optinn.obtein rnverngo m prwect I.ender's r(ghts in ihe f'roperty in accordxnotr wlth puragrwph 7.
<br /> All ln�urnn�.�c p�lides and renewals shall txs aroepteble ta Lendsr and �hall include u�ta�xlurd martgagc clnux. I..cndcr
<br /> �hall(u�ve the right to hold the{xipciea Rnd rtn�walti.lf l.ender requircs.Harrower.rhall Nruu�peLy give to Lcnder atl rccelpes of
<br /> pxid prcmiutns�nd rcnowd noticce.In the e�•cnt nf los.4.&irr�aKrr sh�ll give prompt notic�ro the insuranco currier suat Lencfer.
<br /> I,e�xler m�y nwke pronf of inss if�xx made promptly by�orrower.
<br /> Unlcss l.axfer and Bormwer othenvir,e agrcc in writing. insura�x.�e pmceals shall be eppliod to nstoration or n�nir of the
<br /> property d�m�god, if tho rrstotMtian ar rcpair is oconomically feasible and Ler�ier's securitv is not lesseued.if the nstorntion or
<br /> repair i�nnt a�nomically fe�sible or l.ender's security woulci t+e lessened,the insurunco proceeds shall ba aprlial to tho sume
<br /> securod by this Security Instn�ment. whether or not then dut, with any excess �uid w 8orcower. Ii Aorrower ubundans tha
<br /> Pmperry,ar daes rx►t answer within 30 days a noticc from L.ender thxt�he insura►ue camer has offered to scttle a clnim,then
<br /> Lcndcr may colle:.t tha in�unnce prnceecls. i.ender may usc thc procaods to r�pair or restore tlyc IPn�(�er.r.y or �a�,� r��1»rfi
<br /> secured by thls Security Inswtnent.whether or not then due.'fhe 30�day prrriod will begin when the r,rnt'rc�i.s�zve�.r...
<br /> Unless l..endcr and Barrower otherwise agree in writiag, any epplrcatlon af proaods to p�tci.�ak sllakl. r.nit cx.tcyd oi'
<br /> postpcmo the due date af the manthly payments referrod to in paragrapF►s 1 and 2 or change the a�mou�+t oF tL�17�Y�Y• Z�
<br /> u�er paragrnpl�21 the Pr+c�r►erty ic acquiral by l.ender.Borrowcr's right,r,:�*ny insurance policies a�ct pmco�is*es�lting from
<br /> dart�age to the PropeRy prior to tlte acquisition shall pass to Ler�der to I;lye e»it�nt of the sums securod�►y�►��nry Instrument
<br /> immediately paor to the�cquisition.
<br /> +�•aocup�ncY,!'r+eeervaNan,Ms�intaw�xx and Protect6�nn te�I�er Wh'oP�+'�Y;Borrower's Loan Applicai�ion:l.ewsel�oldq.
<br /> B�nrrowor sb�ll oocupy,atablish.rnd use the Property as Borr�u'+wmir'�19+�'�jP���e�within stxty days xfter the exe�7ulon of
<br /> thia.5ecudty Insttumentxnd shall canGnue to occupy the!'rop����ns,.i�r?uac►wer's p�i�xipal ecsidcn;,:.tor at least one ye�r aftev
<br /> t,Nc�ate of occupancY,unless Lende�otherwise egroes in writiag.w41,�i�res:ti�ent stwll not be unrraso►�aply withheld,or w�Ees.s ,.
<br /> . � �,t�4e��uq►ting circunutanas exist which are beyond Borrowar.'s oom�l..'l��wer sh�ll not d�stQ�-u, �wnage or impair the ,�
<br /> � p�'op�,:+,y, al�ow tleG Properry to detedorate. ur commit wa.cte�,w►the Property Bon'owcr shall be i�filatault if any forf�iture'
<br /> �ction or procoeding, whether civil ar criminal,is begun that in Letder's good faith judgment could rault in forfeitun of the
<br /> • Property or othervviie m�terially impair the lian creatod by ch,is Socurity Instrument or i.�;nder's security inte�+est.Bortuwer may
<br /> �ir.�u�h a default and minstato,as provida!irt paragraph ��.bY c�usi�rtU°•the ac�°n or proceeding to 1+�dismissed with a mling
<br /> � that. in Le�der's good faith detennination, precludes fcxf.eitwr a�1A¢f�.m�ower's interest in the�y vr �� ��r�a!
<br /> impdrnknt of the lien creatod by this Security Insuumcnt rcac�Il.ondc�s'`�se�rlty interest. Iiorrower shaf!also bo in default if
<br /> Borrower.during the lou��pplication process,gave m�teria��p�'a!'ae C�c�nrrurate information or statements to l,e�d�er,(or failed
<br /> to provide Lender wlth�ny material infomation)in coonection wi�r eE�e Yn�n evidencod by the Note,includii�g,;h'pt-�c�limitad
<br /> , to.representations oanaming Borrower's accv�y oC thr PrapG�ty.A4,a�principal residcnce.If[III�.Sif�,C�DtI[S/IRS�il171fl9Sl�S Qh A „ ..
<br /> : i leaschold, Bormwr;� slull coinply with all t�.e �mwisi�es;of the le:�.ai: I�t Borrower acrg�tiros te�,rdtte.ta the Propetty, t�� .
<br /> � loa�schold md the fa titk slwll nat merge unless C.rznder agnt�e,4�ihe merger in wri t ing. •, ..• ' •, .� .,'
<br /> 7�pentecqoa o[I,ender's Rlgbte[n the Ptopert�r..q�lRcyrrower fails to perfomi the rnvenmts and agroecnrnts S�oulluuned[n
<br /> thia Socurity In:tiumetn, or thete is a legal proCeedir�'th�i�piR�signlficunly affat 1.u�ler's dghts in the I'mpt:tty Qs+►ch as a
<br /> procoedin`in i�anl•mp1ry. probate. for conde�rmrtion or forfeiture or to rnfotoe laws or re�ulatiot►s).:.then I.e�der mRy do a�d
<br /> P�Y fcx whuever is nexss�ry to pmtect t�a,�e i�l'ue of the Property arKl Lender's dgl�ts In the Properii�p:��.ender'a�xloro m�y
<br /> include paying any sums savrod by a lir.i��wyich has ptlOri�Y over this Securtty Inatturt�t. �ppe.arlm�,t_in oourt. P�yinf
<br /> s,
<br /> ' rcasaiabk�ttorneya' foea and enkdng o�the PcopertY W r+iflice.rspairs.Although Lender m�y tako�chozy��r'39+�x.��h'
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<br /> 7,L.enda doea not t�ave to do so. • . �; . • . ��, ; ..•
<br /> 7 shaU becume addition�l debl of�" �f�s+etuted by thie
<br /> Any amounta disbursod by f..endeu u�axi��,'11�1a W�$� nts st��AJ�.'T�� ,
<br /> � Sxurity Irouume�tt. Unless Bonower aad..l:�nder;ag�Ye to ottKr terms af:paYment. tt�ese omou trom tba:���..
<br /> ,°' date of diabucaa�jcn,a;,M the Nole ratc and stuJl be payablo. with intcrost. npon notioe from l.er�det'tn'19orivw'ei t�e4�s��<.. ,
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<br /> ��rl�`/' • w� ' ' �� ; � b this Socun
<br /> ,:i',�'::r:y,, ':��`, ��iAel;:��f T�nckr requirod mortgage insurancx es a oondicion of m�ktng the lan soaued y ��Y
<br /> '';;,;;'•':���i¢�anent. ,ir�wer rha11 pay the premturns requicod to maintain the mortgage insurance in ePfoct. If, for any rea.+on. the
<br /> 1�itgaSe insu�'ald��r;sroverage requirad by Lender lapses�r ceases W be in effect.Sorrower shAll pay the praNUms requirod to
<br /> 4l�tain oaverage aubstantialty oquivalent to the mortgege insurence previously in effect.at a cost snbstanti�lly equivalmt to the
<br /> oost to Ho�rower of the ttic+r���8s iTMw�una pr�viously it� Zffect.fcom an�Itecnate mo�tga8e intyrer approved by Iander. If
<br /> subet�ntially equivalent mar��t►ge'insurance aoverage is nOt avail�ble.Borrower shdl pay to Lender a�ch manth a sum a�wl W
<br /> one-twelfth of the,yerdy�muetj�i�e insurs►noe•premium being patd by Borrower whan the insura�x�e covenige Iq�sad or ceated to
<br /> bc in effect.Lent�.x'Awfll eocept.use�nd reR}ifin�t!hese paymeats es a loss r�eseive in lieu of" mortga�e.�urance. I.oss �eaervr
<br /> . Form 3oze s�
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