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<br /> ' All Insurance pallolea and renewats shaU be scceptable to Lender and ehall lndu!da a sL�r�dard mortgage ctause.
<br /> Lertder ehall have the right to hoSd the pollctes and renswals.It Lender requires,6orr�wer shaJi prampUy give to Lender
<br /> "C all recelpte of pald premiuma and renewai notices.In the event of Icss,Borrower sh�ll gNe prom�pt notice to the
<br /> inaurance car�lor and Lendor.Lender may make proof of loss it not made promptty by 8orcawor.
<br /> � � Unlesa Lender snd 8orrower otherwise agree in writing,insurance proceeds sh�ll be��a�tind to restcratton or repair
<br /> � of the Property damaged,It the teatoratlon or repat�is economically feaslbte and lender's sectvfty Is not lessened.It the
<br /> � . ro�omUsn a�topalr ta not cconomlcatty feasibla or Lendor's socurtty wo�ld bo Ioss�nEd,tho Insurance proaeads sha►I L:
<br /> ;!�•� be applledto the sums secured by thts Security Insirument,whether or not then dua.wllh any excess paid to 8orrower. !�--
<br /> , If Botrov�erabandons the Property,or does not answer w(thin 30 days a noUce f�om I.�ndor that the Insurance carrler •
<br /> . � `^� � has offered to settie a claim,then Lender may collect the insurance proceeds.Lender rt�y uso tt��procesda to repatr ��
<br /> or resto�e the Property or tc�pay sums secured by th(s Securiry Inswment,whet9�er or not ttien duo.The 30-day perlod
<br /> �"'�� wQl begin when the notice ts gtven.
<br /> Unlesa Lender and Borrawer otherwtse agree tn writing,any apptic;atton ot proc�eds to pr(noipai shall nai extend or '
<br /> ' post�one the due date of the monthly payments reforred to tn paragraphs t and 2 or ctiannge th�amoum of the ����°
<br /> ,` ' � pa�nents,if under paragraph 21 the Prop�rty is acquired by Lera�er.�8orro�+er's right to a�y inswrarece pollcias a�id =-
<br /> �::`�:-�;;:;�:,�f:;�i'�':. prac�eds te�+ulU�g fram da�orage to•t7�o PPOpaety prior to the aaquis�iQm s3�fl p��s t�6 or�ior qo tt�e exterrt of the sums --.-
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<br /> �-���'-��. �:�� aec�red�aytihis Secur Ie�s3Pnam9�t izeermedt�taly prlorto the acqutsitim�.
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<br /> ,:...:;;�. . �. 8.Ocoupancy�Preaervafllon,Matntenance and Protectton ot the Property;OoROri'c3r'�Loan Applicatlon;
<br /> �+ Leasehoids. Borrower shatl occupy�estabitsh,and use the Properiy as BoROw�e r's p r i r�i p a i ras Wence w tt h(n s i x t y da y s
<br /> _ � after the exaaution af this Security Instcument and shali corninue to occupy the Property as I�arrower's principal
<br /> � � residenaefor at teast one year after the date o9 accu�a�oy,unless Lepxter other�+risa��tn wMtirt�,whtch con�ant �-
<br /> ahall not be unreasonabty withhetd�or unless extenuaUng circumstances eocim whleh sre beryond Bonorver's coMrol.
<br /> Borrower etiall not destroy.damage or Impatr the Property,allow the Property ta d�rlora�t�,or aommft wast�on the
<br /> Property_Bonower ahatt be in defauit H eny forfetture aotlon or procooding,wl�tDrGr c►v0 or chmtnal,to bepun that in —
<br /> . Lsndors faith Judpment couid rea�it ln foKelture of the Property or oiherwtae mat�sriaily impatr the Iten created by
<br /> � this 3ecu Inetrument or Lender's aecurity Intereat.Borrower moy cura euch p d�f�ultand�elnstete,as provWed tn
<br /> pore�raph e,b�ceustnp the actlon or proaeedinp to be dtamteeod with a rWinO thait,la�Lende�'s pood falth
<br /> � determination,precludea toKeiture ot the Barrower'8 Uterest In the Propo�ty ar aihor m�toraal Impatrment of the Qen
<br /> crentrd by thle 8ecu�ity fnatrument or Lendor'e seeurlty imereat.8orrawer ahnll aiao be In dafautt tt Barrower.during the
<br /> . ioan eppifcation process,Qave materlaliy false or Innccurate Informntton or st�t�nt�W t�ender(or talled ta provide —
<br /> : z Lender with any material tnformaticn)in conrtection with the loan evldenced by tBre Idote,tt�drading,but not Itmtted to,
<br /> "" repreaeRtationa concemtnp Borrawer's occupanoy ot the Property as e principact reslder�.i�cN�Seeurtty lnstrument is
<br /> an a teasehdd.Botrower ehatl comply wlth all the provisions ot the lease. It Borrow�r aoq�elres f¢xa t�de to the Property.
<br /> ��'`� •��.� the leaeehdd and the fee tf�e shait noi ntorge uNess tsnder agrees to tho mvrgor ir�w�1i►�.- {
<br /> . 7.Rrotaelian of L�ndtr's F�l�hts let ttee P�o,perty. If 8orrower i8�tle to perb�m 1t�oevt�nar�an��Qr.t^�:rne►ns _-.
<br />__ - ,; corrtatned in thts 3acurity Instrumern.or there ia a tegal proceedtng that may si$Nftoar�tiy�ftact I.�nd�'s rig�ts tn the
<br /> � :.:�, Properiy(such as a praceeding in banlmipicy,probate,for condemnatlon or forfieftunro or ta�entorea iq►vrs ar
<br /> :.` -�kr�� teg u t a tl o n e).t h e n L e n d e r m a s y d o a n d p a y f o r w h a t e v e r I s n e c e s s a ry to protcc4 t�a v�a!!uv of tha Pro p e and Lsnder's
<br /> �-"��==:!�� dgMs In the Properiy.Lender's acUons may Indude paying any sums seoured bya fi�nwhtch has prio�t y over t h is
<br /> - ��'' "� �� Security instrument,appearing tn court,paytng reasonable ettomeys'te�s�nd a�xdoring on the Property to make
<br />-.,,`�,�;;z;titi �airs.Ahhough Lender m�y take action under this para�gra�ph 7,Lerxi�r does not have to do so.
<br /> °�"���" � �� Arry amourits disbursed by Lender urxier this paragrapte 7 sha1J bvoor�rto adeiriimnat debt of Borrower seeured by
<br /> Y����'��`=�C� this Securih►Inswment UNess Borrower artd l,snder agPee w ot�er.torms of payment,these amounts shaif bear
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<br />-��J.iJ!11:1I�3�7 ' .;, 111`erest frwn th��lato of disburs�ment at the(Vote rate arxf shaU bo payeible,with interest,upon notice from Lendet to
<br /> -_'_:�"�t��-�_:�_ 801YOW@If8qU98YI11�p8Y111817t.
<br />�,:y-.r;;;;,;;;;� 8.Matga�e Msur�n��.'jf Lender requtred neortgage tnsur�noe as a conditlon ef mak(ng the loan secur�d by thts
<br />-'%_ SoCUrity Instrumern.Borro�u�r shall pay the premiums requtred to matir►tetn the anortgage Insurence In effe�t.If,for a►ry __
<br />__�;;�� reason,thg mortga9e tnsur�^�ce covera�required by i.,endei°t��s or c.ss3as�a�s M sif�9a�ro:�.�sr sl�ii�y ihs -_
<br />--�—�—' premiums requtred to obtatn caverago st�lastanUa[ly equhratent to tP�mortgage anaurance prev�ousiy tn aNect,at a cost
<br />--�_•�� subateu�tially equivaterrt to the cast to Borrower af the moRgage tttscirance prevYausiy in eifect,from an altemate
<br /> ���� mortgage Insurer apprevec9 by Lender.it substantfatly es�uhralEnL remrtgage tnsu�anee wveraga ts not avallabie.
<br />_:��^4,i;� 8orrower shaU pay to Lentla�c�ach mor�th a sum equaf to orso�tvu�(fth of tha yea�y�ortpage Insu�ance premlum being _._
<br />-.-....�;,r_ „ pafd by 6omower when th��Ynsurence«�verag�tapsod or oeasffd to be In efEec't_tsr�der will accepL use and retain thess _
<br />•�- ' ��.� paymenta as a loss reseNe in iteu of mortgage Insuraroce.L�oss roserve paymer�YS may no langer be required.at the
<br /> ,w-:s Y�=!;3 L;1 Gl.:�d t 3%'-�
<br /> -�=��;...:ai optfon of lender.it maRgage Insurance caverag0(i�th�arsioumt and for the peNods thst l..ender requires)provided by
<br /> --- -_-_- - an[nsurerapproved by Lender agaln tiecomes avatlabie and ts obtatned. Borrower shall pay the premtums required to
<br /> -��y��-=-�S=�A'�4 �air�tein mortgage insurance in effect,or to provid�a ic�ss rasenre,untU the�equlremer�for mortgage inaurance ends
<br /> --='_-,=:�;�, . in accardartce wtth eny wri�n agreemern betvies�BorrCwar and Lender or ap�lk:able Iaw. —
<br /> -.u.r,�.��:,�'� s perty. Lender —
<br />- - ��R•� �. intpecNon. Lend�r or Its a eM may make ro2sonabie entrtes��upon andl InspecNons ot the Pro
<br />�'-�Y''�'`` `ti ehali gNe Borrower nottce a¢tt¢o�nio at or pdor to er�3nopectton sAecttyring rRasanable catuse for the Inspection.
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