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<br /> J� ■MM\Y V� •\Vr��� •�[' � -.-
<br /> Rrc�+eriy insural�gaEnst loss by fire,h�wnia inclndai within the term "exte�xkd covenge"�nd any other h�zarcls, includina
<br /> tlaods or floodinR,fi�r which Lendcr requlrcs Ensur�nce. This in.rurance stwll ha nsaint�inni in tAe anwunts and for tha periads
<br /> that[.ender roquircs.TAe inaurAnce cerritr pmviding the inaurence shwi ne cnosen oy twrrower subjec<<u ix�wn�'+ ayp,u.ri
<br /> which shail nut be unrcason�bly withheld. If Barrower fails ta ma[ntuin coverwgo describcd abovc, Lcndcr m►y, at Lender's
<br /> aption.ubtain coverage to protect Lender'e righls In the Prapeny in accordunoe with paragraph 7.
<br /> All insarAnce pollcle:�und rcnewAls shall be acce�+t�t►Ie to I.ender und bhull include u sta»dnrd mortgage clause. l.e�xler
<br /> sltiail hAVe the r�ght to hold the policia eu�d rencwals.If Lenckr rcyuires,8ormwer shAll promptly give ta[.endor all rcce(pts oF
<br /> patd pnmi�ims n�xi ranGwal notices. In the ev�nt o�r l:n.c,Rc,rrowcr shaU�eive pmmpt notice to the insurunre rarrIer and 4ender.
<br /> Lender may mwke proof of loss if not made promptly by Bortnwer.
<br /> Unless Lender and Botrower otherwisr agroe in writl�g.insumnce praceeds s]ull t�e appliai ta�estorutIan or repxlr of tt�e
<br /> property dsumgod,lf ihe rrstorntton or rcpair Is xonomically Ftasible antl I.cnder's socurity is not Itssened. If the restor�tian or
<br /> rc�ir is not ocanomicAlly feaslble ar Lender's sxurity would be lessened.the insunnce pmaeds shall be appliaf to the swns
<br /> secured by this Securiry Instrument.whethcr or not then due, with any exass paid to Barmwer. If Hanower abandons the
<br /> proprrty, or d�►cs not answer within 30 days a notIce from Lender that the insurana carrier has offered to scttle a claim, ttien
<br /> l.ender mny cutivct the insuranoa pmcocds. Lender may use t�e proceeds to rcpuir or restore the Property or to pay sums
<br /> socured by this Secuzi�r lrn�zument, whether or not then duc.The 30�day pedod wialbegin whcn.tlar.�xxirxt is given.
<br /> U��less �c.ender. awd: 13qnower other.wisa agree in writing, any a{��lieat3,on rsf�cooei.d�tr��ri�a��nl:sitnl.t not oxtend or
<br /> postpane tlae du.e date of the monih)y�ayinr_nts referrod to in par�r►ni�s� 1, and 2 or cl�anAe tJ�e n�n�+int.uf the payments,lf
<br /> under puagr�tt 2l the Property is acqai:rcd'F�}I I.ender. Borrower'o rlgPit to anY ji'rsur�mc'f�oli.c'►es arnl proca�ds resulting from
<br /> d�ge ta the Propeny prior to ths acquisitIon shall pus to Lender to the oxtcrn vf.'t�e s�uns secUrec".�by this Secu�Ity Instnurttnt
<br /> irRn�ecil�ttf��iur to thc�cquisitian.
<br /> i.pcerp�qey,Prsservation,M�intawaa�nd Prot�ction of the Property; Borrower's Loa�n Applia►tion;Leasetwl�b.
<br /> �rtawsr stw�4�vccupy,establish,and use the Pnoperty as Borrower's princlpal residence within sixty days after the�xecution of
<br /> thSs SCC�rity Iristrument and shAll rnntinue to�onpy E�e Property ss Borrower's principal residence for at leust one ytar after
<br /> ticer d�=�t�pi occup�uxy.w�ira�Ix�war vu�rvviav�}�;av�,,i�n wriang,which cansem�i�iJi �w[�:urucasonabi� t:itlahcld. ot i►nles_-
<br /> e#�o;:a+�u��ldr,��c�rcumsta�x�es e�iist whieh aro 6eyn:mc3 8�tre�wer's contcol. Bonow+�r shall not destroy, tf�ma�re ur impair the
<br /> piv���,:�l'bci,�x the Proy�e�y to deteiio�ntc. or oominl� wns;e•�1 the Property. Bkxrawer shelt be jn dc9�it if any fotfeitute
<br /> �etion or pco�leding.whed�er,.civil or cx�cai�n;il,is begun that in Lender's gaod fa�ith Judgme�c�uld rault in forfeiture of the
<br /> Property or otherwise mxoetex9l�y impnir.�l3ae 1 ien ct+eata!by this Securiry Instrument or I.tndee's�z�curItp interest.Bomower mAy
<br /> curo such a default and reir�.�zire:as provid�d in paragraph 18.by causing the acticsn vk pm�ec'd.�1.��io be dismissod with�ruling
<br /> � th�t, in Lender's gaxl faith determination, prccludes forfelture of the Borrowcc's n�ntrza�s!,Is�Ahe Property or other m�►tedd
<br /> is�paszs�si af i3x lius crr.sted!s; ilsfs Ss��ty In.sut�nr �r i�nder'c securtty in�trev:�Sacrcolvrr stmll also be in default tf _.
<br /> Borrower.during the loyn application proass,gave materially false or inaccurote int'oi�isiAn�c�ir s�tements to Lend�r(or�tllsd
<br /> to provide Lender with any material informatlon) in connection with the loan evidenced by�•t1��1��ie.�;ncluding.but not 19�]�dr�
<br /> ta,reprcsentattons concerning Borrower's occup�ncy of the Property u a nr�ncipai resldence.� t�ls'Security it�truenent is a�a
<br /> il�.�c�oid, Burrower siw�iil°o�mply wiu�att the provisions of tlte leare. If 8o��owe*,ac�t!ires fex tide �e►ch¢�Pioperty, th�
<br /> ��jr„�satx�ld And the fee tidc shnll nnt merge unless Lend�rj a;reas ro the mergnr in wr,nzin�. °�.• , • ''
<br /> ' ••%'y�prota(ion ot I.e�idei*`s Rights in.4be Ptnpe�y.]f Borrower fails to perfa�ui the�y�vGpAtMy�tt1d agrpe�ri:n�s caintainod in ,
<br /> this Savrity Insttument, or there is�9q;n1 �ilbceedin�that msy significantly Af�4ct d.:enii�';A�v�ghts ip th���;j�?ty (such es�
<br /> p[pcooding in bwnlauptcy,prdute. for condem�wtion or forfeiture or to enforce'iad;s �ri#Zgula�lo�).thea"I�.��yt32�'may do u�d
<br /> �,for wtutever is neoessacy to protect the value of QPose Property and 1.endCr's nights•ih the Froherty. I.ende.r's,actions m�y
<br /> ian¢iud� p4yinR u►y sums sxurod by a lien which Anas•,prlority over this Secun'1r� ldsttument. appcari�t�kr+ cuurt, paying
<br /> ro�son�ble attorneys'fxs and ente�ing on the Propecty�fa tnaice rcpairs.Although:�.�.�sder mey take action un�tf`triis puagnph
<br /> 7�.I,ender doe�aat have tn do so. � .
<br /> Any amount�'disb�ursed by Lender under thls paragrnph 7 shall btcome additional dobt of Borrower secured b,r�th•+:s•
<br /> �uriry Inst�umrnt.(intvE�ss Borrower and Lender a��s•to other terms of paym�nit;theso amounts�chhdl beu intettist fro�tj��•
<br /> ��21nte of disbursement a��►�c Nae rate and sh�ll be p�v�ible. w+th intcrest. uporu notia from Lender to Har,snwer requ�stlb� �
<br /> . .�'�Yment. �.� , � ':• . . • • ; ".,:_
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<br /> 8.Mort=�e Eeeuriece.If I.ender rcquirod mortgage�nsutance as a oo�dltlan of m�king tb�loan secut�e����y this$e��+rit}r:,
<br /> (nurument. Ik,vrower ahall pay the prcmiums requfred to maintain the mortgage insncanoe i�e:�t[ect. If. for any nsxiaer,rit�t�
<br /> ' , � ;ailortg�ge insuranoe coverage tYquirod by I.�nder l�ses or caucs to be in efYoct, $qrrower shall�pay the nR+eca3�ms requi�ed to
<br /> ",� ti�Y�a�ia coverage substu�ti�ti�:�lequivalent ro the mortgage insuranoe previously In�f.fact,at a oost substantially�;+tu�uivalent to the
<br /> �,,;�st to Borrowu of the m�-�ssg+ige insuru�oe proviously in effict. from rn altum���moctgage insurer opprov�od by Y.ender.If
<br /> substarKidly equivakat moRgago inwrance rnverage is not available.Borrower shdl pny to Lender each munth a sumec�wl to
<br /> wx-twelfth of th�yearly mortg�ge insunc�x premiwn bei�g paid by Borrower when the insuranoe ooverage lapse�or ccssod to
<br /> be in effect.I.er�der will accept,use uxi rctuin these paymrnts rs a loss reservt in Ifeu of mortg�ge insurance. T.oss e+�serve
<br /> - Fotm 3029 �llO
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