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<br /> . . � . . 98- ito33s
<br /> lf the reuotatlon or rcpdr is not economically featible ur Lender'a ucurity would be leuenod,the Insuru�ce pracaedt
<br /> shall be �pplied to the sums �ecared by Ihis Savrity Intuument, whether or not then due,with any eacas pdd to
<br /> Bomower. If Borrower abandons the Property, or do�a uot u�awer within 30 dAya a notia from Lender thu the
<br /> insur�ncs canier h�t offered to eettle a claim,thea L,ender miy collect the inaurana procad�. [.rnder m�y uu the
<br /> procxeda to npur nr rcaton the Pmpert�� or to p�y aums axured by thia Sxudty Instnrme�►t, whether or not then due.
<br />= The 30-day period will begin when the ratice is given.
<br /> Un1a� Gender �ad Borrower otherwi�e agrx in writinB, �nY applicuion of proceeds to principtl shall not extend
<br /> or poatpope the due date of the monthly payments nferred to in pangrapha 1 and 2 or ctw�ge the unount of the
<br /> p�ymena, If und�er Pupgnph 23 the Property i��cquireC by l.ender, Borrower's right to any insut�act policiea rnd
<br /> proc,eeda eeaulting from damege to the Propecty pdor to the uquiaition shall pass to I.ender to t�c cxtent of the sum�
<br /> aecured by thii Security Imtrumept immediately prior to the�cqufeitioa.
<br /> 6. �'Y. �, Maimaoa�noe aad Pxatocxlan of We Propaiy: Huto�rr's l�osa Appiic�rtipu;
<br /> 1.ea�ebold�. Borrower shall occupy,atablinh, �nd uae the Property as Borrower's pcincip�l reAidence within sixty days
<br /> after the exowtion of thia Securiry Instrument u�d shall coatinue to occupy the pioperty �u Borrawer's pdneipal
<br /> raideace for�t feut one year after the date of occup�ncy, unlesa I.ender otherwlse �g�eea in writing,which conxat
<br /> sh�ll not be unreasonably withheld, or uniess extenwting circvmatancq ezist which Are beyond Borrower'a conuol.
<br /> Borrower shall not deatroy,damage or impur thc Property, allow tho Property to detcriorue. or commit w�te oa the
<br /> Property BoROwa ah�ll be in default if uiy forfeitun acdoa or proceoding, �vheili4r civil or criminal, i�bcgun thu
<br /> in Lender's good futh judgment could result in fodeitun of the Property or utherwiye materi�l�y ;mpaic the �ieu
<br /> created by thia Security Inatcumwt or Lender'a axudry interat. Borrower may cute iuch a default aad ninstue, iu
<br /> providod in P�ngrap.h 1T,by ce�uaing the action or pnoceeding to be dlsmi:sed wlth a niling thsu,in I.andePs gcxid t�iW
<br /> dd�rmination, Precluck# forFeiture of the Borrower'e iutenst in the Property or aher muerial ic�irment of the lka
<br /> c�:tea:by Wi�Sa�uriry Instn�pxpc. or Lender'a eecurit�anicrest, Rorrower ihall also be ia daf�ult if Bomower, dw'in�
<br /> tLe•7oan +pplipliah, proxas, gave muerially �f�Ise or inac�urue iaforauUlon ot st�tei�aeats to I.euckr (or �ailod to
<br /> .-� . . provide Leader��vith any materid infornn�tipn) �q oonntctlon with tht low evideoced liy the Not��inCluding.but not
<br /> � '� limited to,repreacn)uionu corxxming Bormwerts occup�noy of the Property �a�princi�l resideake. lf this Sewdty
<br /> ' ' Imtrument is on a Ieuehold, Bonnwer sh�ll comply with all tbe provisiops of the lease.' lf Bnrrowa' .
<br /> aap►ira fce dde
<br /> • ta the Property,the le�aehcild �A•nd the fa tide sh�ll not mo�ge unlas La�der ag�cs�.tn the merga;ih wriHpg:�,-'• .
<br /> '„� 7��.7�"�P�toloetio'-�..ot-J.,e�dtq���.s.�����.�Mt in t�e p�ope�ty. �If•Bortowa fii�t,;to psrform l�ie oovai�u�;aod �peebnrnp� � �:.
<br /> . �n�FY JO Wy.St�('j(Y i�YLLY11�lt. or there !s a lerrl i1MPJMY�If'1' f4�M�mw���1wiwic�,��I•.w�.w� �1. • 4.-•• �_ - _
<br />- • ' "5'.�.3b�!t:3"v«ii:7 q++ �i�iij4M���'yt ZYG .
<br /> '�,.� PropettY (�h as:a'prooeeding in bu�izuptcy; Dmbxt�,'.ta c:ondenoAarion oi:'foriei�urc �'o�• .�o'eafot�oe',laan or
<br /> r�ationr)� tha l,eader may dp��nd pay for w!►xev�a is nece�ary to pcotect the Na1uc�of the '
<br /> r��6ta in the Prope�ty. I.rnder's sctlau m�y include pay'tn� rry aum� �ecw+ed �y �od I�exider•
<br /> by a liea whic6!w prlorlty ovar t6is
<br /> Se�curiry Instrument. appearing u►ooutt�WY�E re�on�bla �ttomry�'fea wd eateting on the Property ta m�ke nepaia.
<br /> +U�i�► � �Y take �ciion under tbit pu�raph 7,l,eader doea not 6ave w do w.
<br /> My amauaq d1�Mined by Laider uader thlt pu�r�ph 7 sh�l! beooaio additloaal debt of 9omawer �ecueed by d�l�
<br /> Searlty Iatttumeat. Udau Bonower and La�der apee W otba tann:of p�ymm�t. tbae �moimts �II bear io�at
<br /> f�m tbe dete of dWrunemeat �t the Note rae md �all h pay�ble, wlth iataeu, upon aotia !rom lada o0
<br /> Boetow� tequat}� p�yroent,
<br /> _• �. I.�ader or iU�au �y m�ke rea�onaWe eatrla
<br /> �hall tire Bormwer notia +u the dme of or �p0° � ��0°� of t6o Piapaty. L+eoda
<br /> 9. Oa�io�. '[ba my� � � �b��Yj°L rea�oo�ble came fbt the ioryectian.
<br /> pmoeeds o[ aaud or clsim fa ditect or oom�eq�imtid� i�oomaxbn Mhh
<br /> mY oonde�tion or otha qkic� af�ny put of the Propaty�or fa oonvry�nne in lieu o[000demoKion, ace haeEry
<br /> �ei�oed aod alWl be p�W to I..mder.
<br /> In the evtnt of a total takin,� of t6e Prop�xty� tbe p��noeed� thall be�pplied to tbe aum sxured !ry thi�3eoodty
<br /> Imtnuneat� w►�her or not tbea due.with�uy exaw pdd w$art�ow�a. In the evp�of a p�ctW t�kior ott6e Propwty
<br /> in�vhicb the falr mvket value of the Propetty immodi�tely betore the t�kinj is oqual w or�ater @un tbe�cowot
<br /> of�he �securod !►y Ihlt Socutity Imtrup�t I�nnr�llr..�y befo� the U�kina.lu�las Borrowiet uod l.eoder olhe�l►11e
<br /> �cee in writi�� t6e wim �xured by thi� Security Instnimeot �IWI be reduoed by tbe amount of tbe qooeedr
<br /> mddplied by the foUowin�fr�ction: (a) tLe toul �moimt of th sumi�red immedl�tely befae ibe Writy,divided
<br /> bY N) d�e f�i� mulca v�lus of the Property ima�ediatdy before tLe takin�. My bal�oae �hall be p�W to Bono�w�er.
<br /> !a tbe evrnt of�partiat t�lcin� of tbe Property in whkb ttx fair madc�et v�lue of tbe Propaty immediatdy babte the
<br /> tatin6 u leu tbm the aawunt of the suou �cured lmmediatdy before the ttkin;� udas Borrow�as aod isader
<br /> otber�vhe �ree in writin6 or unlas �pplicable liw othe.nvi�e pn�vida� the pc000ed� th�ll be�pplied to t6o a�
<br /> �d b3'this 5ecuriry In:trument whether or nat the sunu ue tdp� due.
<br /> If the Property is�bu�doned by Borrower� or if�after noticx by Ltadu to Bormwer th�t We oondemoor offert w
<br /> mf�ke an awu+d oc satle a cl�im for damasa. Bortvwa falls to� to I.eMer within 3p d�ys�fta tbe da�e tbe
<br /> notia is given,Leader i:�uthorizod to ooUect ud spply the prooeed:, u ita option, either to rator�tion or repait of
<br /> tbe Prc>perty or to [he suma a�cured by thi� Securiry Instrument, w� or not then due.
<br /> Unless Lendec and Borrower otherwiet agree in writing,anY appUcation of prooeeds to principal s2u11 not ext�ad
<br /> or poq�one the due d�te of the montbly prymeats referr�ed to in puagaphs 1 aod 2 or chsnge tbe amuunt of�
<br /> P�Y�•
<br /> 10. Haiowei Not Reka�eil; po�barasoe B�r I�deC Not a �Irairer. fixce�� of tde time for p�yment or
<br /> modificatioa of unoctizatioa of the sums secured by thi� Sxurity Iaurumeat aruited bY I.e�niet to�ny:uoaswr in
<br /> ipt'CCtt of Bot'tioMrer shall not neYr�t� rn .,.1.... �i.. t�.s.:u... .e.L_ Y:�_. ..------- -
<br /> .w....� va .uv va.�urt avNVMCT vf OW1fIV�Yi[i �R m �
<br /> iatemt. La�der ahall aot be requirod to comir�pxx proceeEingt xguost�ny��r ��� a tetiue to e�ttmd
<br /> time for payment or othecwise modify urwrtirsdon of U►e wm�iecured by this Security Iuaruma►•� yy na�u of a�,
<br /> demmd mAde by the origin�l Borrower or Horrower'a succawn in intec+at. Any forbeuaoce by IJeadcr in exacittos
<br /> anY riF,ht or remody sh�ll not be a waiver of or prcelude tl�e exerrix of uiy dght a ranody.
<br /> N�RA.SRA•Sin�le F�milY-U!1lptN �ISI�Ui�17' •
<br /> na�r s�,,,,ir,c�ao;�¢ix: Pij� 3 of 6
<br /> N6VA.DOT
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