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<br />�,,�� �� Borrower may curo such a deteuk end rotnstete, as prov(ded In paregMph iB, by causing the actlon or proceedlnp ta be
<br />��{i.;��_ • • diamlased with a ruYng that, In Lender's good feilh determination, precludes forfefture of the Borrower's Intereat in thn Properry or
<br /> �l� ;�. • ' other m�teriel Impalrtnent of the Ilen created by this Secudty Instntment a Lender's secudty intereat. 8orrower ehtll alaa be In
<br />- �'"�'� detault if BoROwer,dudng the loan application procesa, geve materially talse or Inaccurate Informatlon or atatements to Lender (or -
<br /> ;! � 4elled to provide Lender wfth eny material Inlamatlon) In conneotlon wfih the loan evldenced by the Note, Includlnp, but not -
<br /> •�.��• Ilmited to, representations conceming Borrower's occupancy of the Property es a princlpal rosldence. If thls 3ecurlry �"
<br /> Inet►ument la on a leasehotd, Bortower shaii compty with ail the provistona of the lease. If Borrower acqulrey tee title to ihe
<br /> '�'�'�� � Property,the leasehold end the fee tltle ahail not merge unless Lender agrees to the merger In wrlting.
<br />' � 7. ProtectLon of Lender's Rights In th9 Property.It Borrower falls to peAorm the covenants end aqreemontn -
<br /> ���,1n„ conta�ned In thls Security Inatrument, or there Is a legal proceedinp that may slgniticently attect Lender'a rlphts In the Property
<br /> '''•�'.�;�: (suah ae e proceeding In bankruptcy, probate, kr condemnation or fortelture or to enforce Iaws or reguletlone), ihen Lender m�y
<br /> ��� do end pey ior whntover Is necascary to protect the valua ot tho Property and Lender's rlghts In tho Praperty. Lender'c AcGonc (Q �
<br /> rrMy Include paying any sume secured by a Yen whlah has priority over thls Security Instrument, sppearing In court, p�ylnq y
<br />-_��� reaaonabb attorneya' fees and entedng on the Property to make repalrs. Allhuugh Lender mey take actlon under thls parayr�ph '
<br /> .-,;��� 7,Lender does not have to do so. �.
<br /> , ,� Any amounts dlsbursed by Lender under paragraph 7 shell become addWonal debt of Bortower aecured by ihls 3ecurlry a
<br /> .�' ::�, Instrument. Unless Borrower and Lender agree to other tertns of peyment,these amounta shall beer intereat irom the date oi �
<br /> ��,,,t,; dlaburaement at the Note rate and ehall be payable, wllh intereat, upon notice irom Lender to Borrower requeating paymenL �
<br />_:''-�"':�' 8. Mortpe�e llisuranCe. It Lender required mortgage insurunco ns u condftion af making the loen uocured by thls t_,
<br /> "-�' f`�• Securtty Instrument, Bortower shall pay the premlums requlred to melntaln ihe mortgage fnaurance In ettect. It,for�ny reaaon,the v"
<br />. ,uir.tv•.
<br /> �-`W�T.�� mort�t�e Insurance covorage requlred by Lender lapses or ceases to be In ettect, Borrower sheil pay the premluma requked to
<br /> -_�;;��,� obtaln coverage substantlally equ(vslent to the mortgage Insurance previousy fn ettect, at e cost subatantfelly equlv�lent to the
<br /> r„�� coat to Bo►rower of the mortgego insur�nce previousiy In eNect, from an altemate mortgage Inaurer approved by Lender. II
<br /> -- _� aubateMl�lly equivaient moftgage insursnce coverege Is not aveNabie, Bortower shall pay to Lender esah month a sum aqual to
<br /> onatwelAh ot the yearly mortgnge Insurance premlum betng pald by Borcower when the insurance coverage kpsed or ce�aed to
<br /> ___= be In eflect. Lender will eccept, use and retain these payments as a loss reserve In I(eu of mortgage Insurance. Losa reserve
<br /> =_ �•�� paymente may no longer be requlred, at the op�On of Lender,Y mortgage Insurence coverape (In the emount and for the perind�
<br /> - '-'""° that Lender requirea) provided by an insurer approved by Lender apain becomes avauable�nd Is obtained. Botrawer shiN p�y y �
<br /> the premluma required to meintein mortgage Inawance In ettect or to provlde a loas reserve, until the requlrement tor mortptpe '
<br /> ---= Ineunnce enda In accordance wfth any wrftten agreement between Borrown and Lender or eppllcable iaw. �
<br /> 9. leip�etlOn. Lender or fts agent may make reasonsble entrles upon and InapecUone of the Property. Lender ahdl phre �
<br /> _;_ Bor►owor notice at the time of or prlor to an Inspectlon specifying reasonable cause for the inspectlon. � �
<br />---- � 10.Cond�t1111atIOn.The proceeds of eny award ar clalm for damages, direct or consequentkl,In conneatlon wfth �ny
<br /> , condemn�tion or other taking of any part of the Property, or fa conveyance in Ileu of condemnaUon, are hereby asalyned and �
<br /> eh�ll bs prld to Lender.
<br /> — In the event o} a total taking of the Property, the proceeds shaN be epplled to the sums oecu►ed by thfa Sec:u►ity
<br /> Inotrument whether or not then due, with any excess pald to Borrower. In the event of a partial taking oi the Property In whlch T
<br /> the falr m�rket value o1 the Property Immediatery before the taldng Is equel to or greater than the amount of the auma aecured ti
<br /> by this 8ecuriry Inetrument Immedlately 6efore the taking, unless Bonower and Lender otherwlse egree in wrklnp, the eums
<br /> -- necur�d by thle Security inatrumont shall be reduced by the amount of the proceeds muttiplled by the toNowing hactlon: (�)th�
<br /> --- _-� tot�l amant of the auma eecurod lmmediately be(ore the taking,divlded by(b)the fair rtµrket value of the Property knm�dl�t�ly
<br /> before th�ta�klnp. Any belence ahall ba paid to Borrower. In the event of e partkl taking of the Property In whioh the talr rrwrkM
<br /> value oi Ihe Praperty immediatey betore the taking is less than the emount ot the sume secured immedlatey before the t�lcir►p,
<br /> unleaa Barower and Lender otherwiae agree N writing or unless appliceble Iaw otherwise providea, the proceeds ah�H bs
<br /> applied to the eums eecured by thfs 8ecurity Inswment whether or not the eums are then due.
<br /> If the Property Is �bsndoned by Borrower,a if, afler notice by Lender to BoROwer that the condomnor otters to make�n
<br /> award ar ssttN • o1Nm for d�tn�gea, Borrower felis to respond to Lender wkhln 30 daya after the date ths noUcs le plven,
<br /> Lander la�uthotlzed to coNect snd epply the proceeds, at Its option, eRher to restoretion or repalr ot the Property or to the
<br /> � aums aecured by thls 3ecurity Instrument,whether or not then due.
<br /> Unlees Lander �nd Borrower otherwiee aqree In wrNing, eny application of proceeds to pNncfp�l shall not extend or
<br /> � poatpone ihe due dato of the monthly payments reteRed to in paragrephs 1 and 2 or change the amount ot auah paymente.
<br /> { 11.Borrow�r Not R�I�as�d; Forb�orsnae By Londer Not a Wafv�r.Excension ot the tims tor payment or
<br /> � modMicatlon o1�moRiutbn of the eums aecured by thls 8ecuriry inetrument grnnted by Lender to any succesaor In Interest o}
<br /> • sorrower aheM not opente to releaee the IlebilHy of the ortginal Borrower or Borrower'a successora In interest, Lenaer sh�N not
<br /> { be requked to commence proceedinpa a9einst eny successor In Interest or retuse to extend time for payment or otherwlae
<br /> modity amordz�tlon ot the euma secured by this Secudry Instrument by reason oT any demand mede by the origlnal BoROwer or
<br /> Barroweia auccesaoro !n Intereat. My forbearonce by Lender in exerctsk�g any �ight or remedy shall not be e walver ot or
<br /> _ _ prxlude the exxclae of any dpht or remedy.
<br /> -.-- -- 12. 8uae��son �nd Assipns Bound; Joint and Ssverel Ltability; Co-sign�re.The covenents and
<br /> — ayraements of thla Securtty inetrument ehdl b(nd ond beneflt the successoro and assigns of Lender and Borrower,s�bJnat to the
<br /> __= provlslone of pmpnph 17. Bortower'e covenanta and agreementa shail be Joint and severei. My Borrower who cas(gns thls
<br /> __ _� Security Instrument bul doea not execute the Note: (a)Is co•slgning this SecuNry Instrument anly to mortflege, qrant md convey
<br /> -�-- thet Borrower'a Interest In ths Property under the terms of this Secudty Instrument: (b) ia not personally obilgeted tu pay the
<br /> �--_ suma eecured by thle 3ecurtty Inatrument; and(o) agrees thet Londer end any other Borrower may agree to extend, modliy,
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