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<br /> ' • . � i ' �V� ��'f��� LOAN N�. 1 5 5 9 2 0 1 Q 3 3 E ' ,�
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<br /> �. � � AU In�utanc�patldes and tenawats shai!be acceptabla to Lender ansi sf�a�l[ndude a siandaN mortgage ctausa F --_-- --- --
<br /> : : . :;;j Lender shall have the dght to hotd the poticies and renewais.If Le�sder requireg,Bomower shail pramptty give to Lender ; . . ,i. :
<br /> € a!�rgcetpts of paId premiums and renewal nottces.lq the event af toss.Bflrrower sha[I give prompt nodce ta the `
<br /> � � insurartr.e carrier ar.d Lender.Lender may make praof af to�i!not made promptty by Barro�rrec �, ,
<br /> . . . r. .-.
<br /> � U�tess Lender and Barrrnnrer otherwise agree[n writing.insurance proceeds str�A be spptled to restoration or re�ratr -..:<,;: .... �=,�.:;;
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<br /> oi the propeity dar�aged.�the restoraitan or npair is economicaity teasibte and Lgn�eYs securit�!s not lessened.ff the � . . .
<br /> restoratlon or repair is noi ecanam�caUy feasihle or Ler�der's secur�y woutd be tessened.the tnsucance proceeds sha11 U
<br /> � � be appfled to the sums secured by ihis Securlty instrument.whether or noi then due.w�h arry excess patd to 8orrower. � . �
<br /> If Bo�row�Er a�ons the Froparty.or daes not ansu�►er within 34 days a noti�o from Lender that the Insurance carrEer - . �
<br /> has cfieted to settie a daTm.then Lender may cottect the insurance procesds-Lender trray use the proceeds to repair � � . .
<br /> � -. � ;-, - or re�toa�tita Progerty or to pay sums secured by tfils Security Instrumer�t,whether or not than dua.The 30�day pe�t�d
<br />� . � a��begin�vhan tt�a no�sa is given. �".��-== ���'�-�-�_�.
<br /> UNess Lender and Barrawer othennr�e agree in writing,arry appticat�an of pmceeds to principal shall not eMend or r
<br /> �tas2pane the due daLa a!tha�orrthiy paymer�ts releRed to tn paragraphs t and 2 or change the amourrt af the .:�.-,._ . ::;�:�.;;=;--�.:.
<br /> �..,� � �ymerts tf under paragraph 2t ths Proparty i�acquired by Lsnder,Borcowers right to say insurance pollciss and _ � '
<br /> ,�,,_,. ,: � proc�s iesuitlrsg trom damage�othe Property prlor to the acqutsitton shail pass ta tender to the e�aent ot the sums s�� ,
<br /> ,.. ,�� ; ..•:, : secur�d by this Secur�Y lnstrarn►aM immediatety►P�or to the acquisftion. },>r�. ,, .,
<br /> . i.Oceupancg,Rresgrv�liort,:�f°�r��e and ProiecHon at th��ro�¢�rty:�aerac�`s�Ap�ltcatton; ,�r_..
<br /> L�aeeteoida Bommwer sha�l accupy..�t�`4 and use ttte Properry�Barrawer s prietdgat r�e within snct�/days '�:r._
<br /> -- - att�r�a ex�cudcxi of ihfs Sscufity Ec�cunc�a n d s f+a 1!c a�t a occ��sY t h s F r c�g e�y a s B a r r a v r e r�s p�fnc[p a l �- - �.. ,�� :
<br /> �Yent�for aileast one year aft�th��ate o#accupancy.uNess Len der�e n N G�e agrees fi w r i i t ing.w h ic h c a rt s e r�t _ . : -. -�-
<br />_ ' " s�ti rt�i be unreasonabty w�lrlteE¢,or�,�s e�denuatlng ctrcumstanr.es exlst which are beyond Borrowe�'s cormoi_ . :',�;�:,:
<br /> � Borrower sha11 rtot destnoy.damage dx itrr�t tNe Property.attaw the Property to deieriorate.or commit waste on the , - -
<br /> ProPe�4y.Borrower stmtl tie fn d�ft�a1s��i�fieiture action or praceeding.whether civi!or crimirtal.is begun that in _ . . :�.
<br /> � _ . Lender's good Ialth JudgmeriY c:outd�Orn�Ae�ture of the Property or othennrise materialfy impal��he lien created by ..... �,';�--_::
<br /> . . thi.s Securiryinstrument or l,c�dc�'�s�i��erest Boanwer may cure such a defau�t and rein�a;as pravicted in ,.;._ , _:�•.z�._
<br />: . . - t�S�Ph 18r by causing tite ac�li�n,�praceedittg to be dismissed wtth a nding that.in�ende�'s gi�od taith '-:;�;��L..-`---
<br />- . � determtrraiton.predudes for��f�J►a Borrower's interest in the Property or ott�ee matedal tmpairment af tYr.�6ic�c � • _:r`�''� ,���
<br /> . cteated by titis S�curity lrisutua?e�.�T'�ender's security tnteresi.BoROwer shait a!��a in defa�t if Barrowec '���the ��.,��_
<br /> toan.apAltcatlan��cess.g�ece!m�'�riathl tatse or inaccurate i Ma m r a tian er.s rt a x e m�t s t o L e n d e r(o r f a i t e d c o�remc+Ce . . -
<br /> . '. . Lender wfth 8ny�etiat�ny in connectlon with the loan evtdc���'y tt�Note.Induding,but not lirtt�si:�. ;��,�`�
<br /> �eprese�toris cos�cem�a�g I�s.�Ps accupancy of tha Properry as�I�m�F��dence.lt this Secur�y tnst�u�rc-�^�is . ��� �,��
<br /> " on a teasehold,�orrowrer sFr�J1��[y wfth all the Proyistons of the leas� i�Bv.'r¢ar�racquires tee tftte to tt�..�~xy. . ���s�, _
<br /> : the leasettold and thefee tt����1�±�at merge unless Lender agreas to the m�mn�siting. ' � .;... �s='__-�
<br />:>� .•� � . ' ?.Rrotection of Lende���lits in tC�I�aperty. �f BoROwe�ta7s to peifa�n tl�e cavenartis ar�d agree�� � . _ _
<br /> j ..� cornatned in this Security tnsWme�nt.or tfr��s a tega�P��ing that may sign�c�ntly affect 4*�er's�ights e;i the
<br /> Property(such as a proceeding in bantmip'��y,probate.tor condemnation or forte�or to eniasve iaws or �
<br /> �`� ,...;�,. . � � �F n8u'[attons).then Lender mab da and pay for whatever fs necessary to protect the���of tf�e Propeny and L�nder's ���:;�__
<br /> �, . �.. � •� � tigtds tn the Property.i.end�s m�7t�ns may indude paying any sums secured by�+Gi�,�vhfch has prtority over Dtr� � _�
<br /> � •- � t. Sscan�►Inshumeni,appeariu��6Eti�ia3urt,paytng reasonabie atiemeys'fees and eM�ig on the Praperty to m�6ce :,_ ;�
<br /> s�'_.�. . �.�. � ..: .,-;� repairs.Atthough Lender may t�c�acxion under thfs paragraph 7,Lender does not have to do so. '
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<br />'�� . � 61ny 8mounts disbursed by Lender under thls paragraph 7 shatl become addittonal debt of 6anawer secured by , '�. •� ':�.:
<br /> �t thts�urfty insbumetn.U��.ss 8arrawarand Lender agree to other terms of payment,these amourits shall bea,� . ;�,,;;;:�f��i`�f:,;�._�--_
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<br /> � � f►d�t`�emthe date of dist�r�ment at the Note rate and sha11 be payabte,wlth interest,upon notice from I.e�?�. � a�< ;'��rl=�.�.�--
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<br /> .. . Borr�aigrrequestln9PaY�n�.<.. .�,.:,.,,;:��';;�,.�:._`
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<br /> ���� � � . 8.Mortgag9 fnstuaa�r.�l��:ender required mortgage tnsurance as a condiUon of maktng the loan secured by this �:� . ;�--�
<br /> ��� � � 8ecurtty tnsuum�nt.Borraw+��ha11 pay the premtums requtred to maintatn the moRgage insurance tn effect.If,tor any � �,e� ° ��'�=
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<br />,,:: � �san.the moRgage(nswaerr��c,overage requtred by Lender lapses or ceases to be in efiect,Bonawer shail pay the � ___ _
<br /> ;t :. ate�.�ums requlred to obtain t�rage substarRialiy squi�sa��rt to the moRgage insurance prevtously in effect,at a cost {�` ' =
<br /> � �° "�' s�a l{y e q ui�iaterrt to the'c�st to Botrower of the mur.Q�ge insurance prevlously in eflect,trom an attemate t "��' �r
<br /> '� -����� mortgage(nsurer appraved by Lender.If suhstantially eqtr.'Yater►t moRgage insurance coverage i s n a t a v a i t a b t e. F.,�����;. L-_
<br /> _ �x. .:
<br /> � �� Borrotiver shall�ay to l.ender each month a sum equal to one-tweifth ot the yeady moRgage insurance premium being :,:;��,Y ,
<br /> �' ���� j:'�'4� paid by Borrowc�v wciten the insurance coverage tapsed or ceased to be in efEect.Lender wiil accept,use and retain these �r-.��=-_-_
<br /> �T� payrrtettts as a t��sserve in 11eu of mortgage insurance.Loss reserve paymems may no tonger be required.at the � ' ' �:' `
<br /> ��. � option of Lender.�r mortgage insurance caverage pn the amourit and for the pedads that Lender requlres)prwided by ` `- ��'�'=
<br /> � i.:sl�r -
<br /> : '�.; an�surerapptoved by Lertdet again becomes availattl�s�is obtained. Borravre�shatl pay the premiums c�ur3.red to _ f;.;,'�"'..',r. ,' ;:y
<br />��s ...�� . mais�tnmortga, 6cseirar�c�l��Nect.ortoprovldeal�,r�serve.ur�titthereq�ttormartgageinsu��nda �. :`� � �,;�,.;;_
<br />'==� � • tn aaxorctanca rrz�er►�f v�r�rezgreement�siween B�rr�,�.!�o'�td trc�d:as ar a���law. � � .�� ���..'<:� :�
<br /> _«. . � . . , � � -`
<br /> �:.�� ,�: .. � � A Inspes�e�l.�ci�ca�agent m�m�atao rea�ai�ie ert6�ss�s�zn��i�^,.;,�7ections,of r�r,�Pra�erh►. ��er � „ ,
<br /> .� . sEmdG gl�re Borravsror,�r��.�a�tYr��sr.e of or�rir�rr.o an ir.�r�on specf�;�g reaso�e cause i�R��rn�trts�ec�fr,�i� •
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