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<br /> � � 97-1�5�.5
<br /> � �. Iluin�•d or I'ru�K�rh In,w•aonrc. li�m-.,urr .ledl I,rrp thr im�,ru�•cmcnt, nu�� cii,un� ur hr�raltrr r��rir�l �m tiu
<br /> Ih��prii� m,urrJ :iEu�n.i I�,•• hr luc. hai:irJ,mrludrd ��uhin thr tcrm "ctitrndcd ru�cra�c" ,m�1 :im u�lirr har.ud.. inrlu�l�n}�
<br /> �' 11nrJ��•r Il„�,Jin��. ���r��hirh I rn�irr rryunr.in.unnrc. "I'hi, in.urau�r .ledl hc m:umaincJ in Ihr.un�,unt..in�l t��r ilir �+rnuih
<br /> � tlia� Lrn�lrr r�•quuc,. Il�c unur,inrr rarri��r pro.idin�: ihe in,uranrc ,hall he rh�,.rn h� Hc�rnn�rr ,uh�rri in Lrn�ir�', .ipp��n,d
<br /> , `' ahirh .hall nut hr utur.i,�,n:ihl� uuhhold. II liurrn��rr I�iil+ !u niainlain in�rra�:�Jr,rr�hc�l ;ihu��r. l.rndrr nt:i). :n Ltn�lcr'�
<br /> upn�m. .�hiuin rincragr i,�prut�:t l.rndrr', n�:ht�m tlrc Proncrt}• ui arr�,rdan�r��rth par,i�riph 7.
<br /> 'i�.� .111 intiur,inr� pulir�e. ;in�f renr��al, .hall hc arrrptuhlc ��, l.�nd�r und .h;dl includc :� �ian�lurd murt�agr�luu,c. Lcnder
<br /> - tihall havc thc righ�tu hulil Ihr {x,lir�c. iuid nnc��:d�. If l.cndcr r�quire,. H�,rri���cr tilu�ll prmnpd��gn•r��� l.rnacr all r�rcipt+uf
<br /> � pa�d prrmiutn+and ren�a:il nnnrr�. lu thc c�cnt ul'I��+�. Bnrroacr+hall�;i�•c pmntpi rnui�c ii�thc in�uranrc r.uncr an� l.endrr.
<br /> Lrndcr may makc pnwf of lo..ii nut m.�dc prumptly by Bu�ru��•cr.
<br /> . Unlc.� l.�nder and Barru��rr uthen�i.r:igr�e in wriling, inwr.►nre pnx:eeJr hh��ll he upplicd tu rr.turatiun u� rcpair uf the
<br /> Pro�xrt}�damaged,if the rr,tur,uion ur rcp:�ir i,ccunumirally fea�ihlc and l.ender's,ecurity i�nut Ie+uncJ. 11 thc re,toraliun ur
<br /> rcp�ir i� not cmnumirally fe:ui[ilc ur LcnJrr'+ucurity wuuld be lesscncd.thr in�uranrr pnxccds�h;dl hr applicJ to thc sums
<br /> ,erured by thi. Scrurit}� In�trumcnt. ���hcthrr ur not thcn duc. ���ith any exrcas paid to Ficuro�vrr. If Burro��•cr ahandons the
<br /> PraExnp,or da�,not :mti�rcr within�0 day+a nuticr from Lender[hat the�murance rareier hati uffemd tu setQe a rluim, then
<br /> l.cnJer m;ry cullrct thc in>urun�r pr�x«ds. l-i:nJcr ns:►y uu� the pmceeds t�i repair ur re�tore the Pri��xrty ur t�� pay �um�
<br /> . .ecun�l by thi.r Securiry In�trument.whethcr or not then Jue. The 30-day peri�xl«•ill tkgin when the n+�tire i,gi�•en.
<br /> � Unletis I.rnder and Bi�ttu�►er othen��i.e agtte in writing, any applicati�m ��f pnx��eds w princip3l .hall not extend or
<br /> {x,>tFwne the due datc of the nwnthly paymcnt. refcrrcd tu in par.►�raphs I und 3 ur change thc amuunt oi the payments. If
<br /> '7' undcr paragr.iph ?I thc Property i.aryuir��i hy Lendcr, Bottowcr's righ►tn uny insurrnc�policirs and prcxccds resulting from
<br /> Jamsge t��the Pri�perty prior tn the acyui+ition,hall pas,tu Lender ro thc extent of the sums secured by this Security Instrument
<br /> im�nediutcly prior to thc arquisitiim.
<br /> 6.Occu�uncy. Preservation.btaintenync� and Protection of tbe Propertv: Borro�ser's I.o�n Application; Leaseholds.
<br /> . Borca�ser shall occupy.establish,and u,e the Property as&�rrawer's principal residence within sixry days after thc execution of
<br /> . thia Security lnstrument a�d xhall cuntinue to�xrupy thc Property c►s Rortower's principal residenre for at Ieast one ye;ir nfter
<br /> . the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreawnably withheld, or unless
<br /> ;:.r ;rv cnt�iilidiifib CifCilii'i52atiCC; :.XiSi :�:ti^.ti 1:c: !`^���:� �if�`•!'�f' !'^IIIT^�. BQiS4wr� !:4��lI nn� �1PCtmv �1nma�e �r im�aii the
<br /> � Property,allow the Property to deteriorate, or cummit wacte on thc Praperty. Borrower shall be in default if any forfeiture
<br />_-'-_.:••
<br /> -� ��:�'" � actiun or prott�eding, whether civil ur criminal, is begun[hat in L,ender's gcwd faith judgment could result in forfeiture of the
<br /> .F�;a"' �;� Pmperty or otherwise materially impair the lien created by this Securiry Instrument or l.ender's security interest. Borrawer may
<br />`=«�:n�w�
<br /> .��,�,,; cure such a default and reinstate,as pmvided in paragraph 18,by causin=�he action or proceeding to be dismissed with a ruling
<br /> �n:
<br /> ,.,T Z� that, in Lender's good faith determination. precludes forfeiture uf che &Jm�wer's interest in the Property or other materiul
<br /> -:;;�•, impainnent of the lien created by this Security Instrument or Ce:nde�s s�acur�p interesc_ Borrower shall also be in default if
<br /> Borrowe�,during the loan application process,gave materially Ca�se�r inxcurate info�rh3,ti-m or statements to Lender(or failed
<br /> ��� to provide I.ender with any material information)in connection with the loan evidenced 2r3•the Note, including,but not limited
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<br /> �,.-�,i�;•�.. , to, representations conceming Borcower's occupancy of the Propeny as�principal residence. If this Security Instrument is on a
<br /> f;"�� . leasehold, Harrower shall comply with al! tt}c provisions of the lease. [f Borrower acquires fee tide to the Propeny, the
<br /> -_�'=`�-;,,�°' leasehold ar►d the fee tide shall not merge unless Lender agrees to the merger in writing.
<br /> ,•;�;��.*j� 7. Protection of I.ender's Rlghts in the Property.If Borrower fails to perform the covenants un.�R agreements contained in
<br /> -•-s�� t(nis Securiry Instrument, or there is a tegal procctding that may significanNy uffect I.ender's rights in the Property (such as a
<br /> •:�_�� proca�ding in bankruptcy, probate, for condemn�ation or farfeiture or to enforce laws or regulations), then Lender may do and
<br /> ���� pay for whatever is :�ecrssary to pn�tect the vzlue of the Property and Lender's rights in the Property. Lender's actions may
<br />_..y,«x�'.� include paying v►y :;ums secured by a lien �.•hich has priority over this Security Instrument, appearing in court, paying
<br /> ' 1zi reasonable attorneys' fces and entering on the Property to make Repairs. Although I.ender n�y take action unde�this paragraph
<br />_;;.;;;�4� 7, I.ender does not have ta do so.
<br /> �--"'� Any amounts disbursed by I.ender under this paragraph 7 shall become additional dcbt of Borrower secured by this
<br /> �� Security Instrument. Unless Borrower and Lencicr agree to other terms of payment,these amounts shatl Mear interest from the
<br />"'`"`�``� date of disbursement at thc Note rate und sha�i be payable, with intcrest, upon notice from Lcnder rm tiorrower requcsting
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<br /> —=�=x=�;� paynx�t.
<br />" ��:t�:�� 8. Diortgage Insurence. [f Lender required mongage insurance ns a condition of mxking the loan secured by thes Securiry
<br />��•"''��;,`;..J Instrument, Bonuwer shall pay the premiums requirtxi to maintain the mortgage insurance in effect. If, for any rrason, the
<br /> , •��; �;=��" mortgage insurance c+c�rerage requircd by Lendez lapses or ce:ues to be in�f.�'ect, Borrower shall pay the premiums required to
<br /> . • obtuin coveragc sub�tantially equivalent to the Qmort�age insurance pmvi�usiy ir�effect,at a cost substantially equivalent t�the
<br /> . , cost to Bormwer of thc mortgage insurance pre��iuusly in ef7ect. from nn aitemate m;�rcgage insurer approved by Lender. If
<br /> � substantially eyuivalent mongage insurance w�•��age is not avaaG�ble,Bortower shall p;:3. i�T Lender each month a sum equal to
<br /> , - . . one-twelfth uf the yearly mortgage insurance premium being paid by Bonow•er when the insurmce co��erage lapsecl or ceased to
<br />- be in effect. Lender will accept, use�nJ retrin r.ties:puyments a, a loss rcwrcve in lieu uf murtga�� insur.mre. Loss reserve
<br /> � Fonn 3028 9190
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