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2� 17�251 � <br /> s <br /> L�AN#: DC5�N 87�3'I 74fi78 <br /> S��tio� 2� �r o���nrv�s�, ��rro��r ��r�b� ��signs �o L�n�er ��} Bv�rvv�er's r�gh�s �� any insur�nce <br /> pro�eeds in an amoun� na��o ex�e�� �h� am�u�ts unpaid unde��h� Nafie vr this ��cu�i�y Instrumer�t, <br /> �n� ��} any ��her af ���ro��r'� r�g��s �o��er than �he right�� an� refund of�n�arned pr�emiums paid <br /> b� ��rrav�rer} und�r �!� insuran�� ��l�ci�s cov�ring ��� F��-oper#y, insafar as �uch righ�s are appi�ca�f� <br /> ta t�e c��erag�of�he Prope�y. Lend����� use��� ins�rance proceeds e��her�a repa�r or�es�ore th� <br /> Prap������ �a�amou��s unpa�d un��r t�e N���or�his S��curi�lns�rument,�nrh�th�r or not then.due. <br /> 6. ���up����. Borr��re� sha9� o�cup}�, �stablish, and u�e �h� Prapert� a� Borr��er's pr�nci�aC <br /> ��sidence���hin 5Q da��a�ter the e��cutio��a�'this Secur��ins�rum�n�and sha11 con��nue ta�ccupy�h� <br /> Pr�per�t��s IB��r��rer's p�[n�i�Oa�r�sid��c�far at I�ast o��e yea�after�he da#e of�oc�upancy,un��s��.end�r <br /> o�h�r�ise agre�� �n v��i��n�, �hi�� �a�s�n� shaf[ r�ot �� �n�east��abi�v���hh��d, �r unless ���nua��ng <br /> c�rcu�ns�ances exi�����ch a�� ����n� Bo��ow�r's�contr��. . <br /> �. Pr�s����ion, �a�r�t�n���� �nd �rat���i�n �f�he �r�perty; �n�pect�c�r�s. Bor�r�o�e� shall <br /> no�destroy, darr�age ar impair the Proper�, allo�r�he �rvpert�r �� de��r�ora�e vr �fl�mi��ast� an �he <br /> F�ro�eri�. 1�Ihe���r or no� �3orra��r �� r�si�ir�g in �h� Praperty, Borro►�ver s.ha�l mair��a�n �he Prap�r� �n <br /> order�� pr���r�� ��� I�rop�r�� fra� de���i��a�ing �r de�reas�ng in va�ue due �a ��s cvnd�tion. un��ss i� <br /> is determin�d pursu�nt tv Sec��on � ��a� r�pair ar r�s��ra�ivn is r�ot econornic�l�y feas�bl�, Borra►�rer <br /> sl���� prom�tiy r�p��r��e �'rop�r�� �f da�aged �o ��oi� furth�r de�eriora�ian ar�amage. l�ir�s�ran�e ar <br /> �o�d�emn�t��n prvice�d�ar�e p�id i� c��nec�ian�ith damage�o, arfi���ak�ng�f, �he�rop��, Borro�er <br /> sha�� �e r�spor�sib��e for �epair�r�g �� res�o�in� t�� Proper��r o��� if L�nd�r nas ie�eased pr���ed� �or <br /> such p�rpases. Lend�r ma}� d�s�urse proce�d� �or�he repa�rs and re��orafiion in a sin�l� paymenfi or <br /> in d se�ie�a�progress �ay�n�nts�s the�rork is co�ple�ed. �f��e insu�ance❑r�onder�na�'ra� pr�ceeds <br /> ar� na�suff�i����� r��air�r r�s��r�#�� IPr�p�r�, �3�r�o�rer is no� ��l�eved af��rro��r's ablEga�ion for <br /> �he c��p�e�ifln of su�� repai�o���s�o�afii�n. <br /> Lende� or i�� agent may �ak� r�as�onak��� entr�es upon and i�sp��ti�ns af fihe P�op�r�. lf �� �as <br /> r���onable c�use, L��d�r�ay ins��c��h�i��eri�r af�h�i��ror�e�ents�n th�P�op�r�. L�nder�h����iv� <br /> E��rro�e�r�o�ic�a��he�i���f or pr��r�o su�h an int�rior i�nsp�c�ion specifying such r�asonable cause. <br /> �. ��rr���ris�.��n A�pp����ti�r�.B�r����vershall be ir�d�fau��if,dur�ng tne Loa�applEc��i�n pro�ess, <br /> G��rrow�r�r ar�y p�rsons ar�n��ties ac�png �t�he d�rec���n vf�arrvw�r or vv��h �arroVver'��Cn��rled�e or <br /> co�s�nt gav�r�a��riall�false, �nis�ead�r�g, or in��cura��ir�farrna��on ar s�afemer��s�v Lend���or fa�led ta <br /> provid�Len��r���h ma��ria��nfarma��a���n c�nnec�ian�nri#h�he Lvan. �at�rial ��preser��a�i�n�in�l�d�, <br /> �u�ar� �a�I�mited ta, repres�nta���ns c�nce�ning Bo�r��v�r's vccupanc}�of�he Prope�ty as Borrvwer's <br /> pr�nc�pa� residence. <br /> �. Pr�t�ctivn af L�nder's�nt�r��t�n�h�e�rop�rt�ar���2�ghts�Jr��er this Security�r���rurn��nt. - <br /> lf �a� �arro�nr�r f�i[s �� perfv�m th� �c�venan�s ar�d agr��r��nts �a�ta�ned �n �his 5e�uri� �r�s�rur��nfi, <br /> �b� th�re is a Ie��! proc�eding �h�� ��g�t s�gn�f�ca�tly aff�ct Ler�der's in�er-esfi in �he Pr�perly andl�r <br /> righ��u�der�his�ecuri��r�s�rum����such as a proc�e���� in �an�cruptcy, pr�o�a�e, for c�nd�mn��i�n ar <br /> farfeifure, f�e enforcemen��f a �ien�nrhi�n ma�a��in pria�r��o��r�his Se��ri� lr�s�ru��n��r�a enfor�e <br /> I�ws �r r��u[a�i�ns}, �r ��} E�arro�er h�s a�a�dan�d th� Prap�rty, then L�nder m�y do and p�� �o� <br /> w��te��r�s r�asanabl�or a�p�opr��t��o p�ot��t Lender's inter�s�i� �he Praper�j and righ�� u�d�r t�is <br /> S���trity[ns���men�,inc�ud�n�pra�ec�ing an�lora�sessin��hevalu�vf�he Prop�rty,and s�cur�ng�ndtar <br /> rep��rin�the�Pr����fiy. �.�r���r'�ac�i�ns�an ir�c��d�, bu�ar��v��irn�fied��: �a}p���n�an�sums�ec�r�d <br /> b�a��er���i�h h�s p�iori�o��r�his�e�u�i��lr���rumen�;�b}appeari�g in caurt;and�c}p�yin�r�asvna��� <br /> a�orn��s'f��s��pro��c���s�n�er�st�n�he�r�p�r�y a�d�or r�gh�s u�der�his 5�curit�Ins�rum�n�,�ncluding <br /> i�s s�cure� pasiti�n in a bankrup��y �rac��ding. ���uring �he Prflper�y includes, bu� �s no� ��mi�ed t�, <br /> en��rrng �he Pr�per�� �a �ak� re�airs, c��n�� �o�ks, re��ace vr bQar� �� doars and �v�ndows, �r�in <br /> �a�er fra� pi��s, el�mir�a�e b�ildi�g�r ot��r�ade v�a6���on�or�dangerous�c�ndi��ons, and ha�e �fi�li��es <br /> tur��d �r� ar o�f.�41�hv��h Lender may�ak�ac�ivn u�der�his Se���vn 9, L�nd�r da�s not h'�v���d�so <br /> and is�at un��r�n�aiut��r�b�iga��a��a da�o. �t is agr�����ha�Lender incurs no �iab����y f�r not�aki�g <br /> an� a�a6i act�ons�u�Morized u��de��h�s S�e����n 9. <br /> Ar�y am��nt� di�bu�s�d b�r Le�d�r u�d�r�hi� ��c��an 9 �h��� became addi�io��l �eb�af Borr��r�r <br /> secur�d�y th�s�eGu���[ns�rurnen�.�h��se a���nts sh���be�r ir���rest a��he IVot�rate fr�m�he da��vfi <br /> d�sb�rsemer�t and sha��������bl�,�it� s��h �nter��t, upon na��ce from Lend�r��Borrov�r�r r�qu�s�ing <br /> �o�ymen�. . <br /> �f�hi� S��u�ity ln��rum�nt is an a leas�h��d, Borro�,r�r shail �omply ►nri�h all �he pra�isions vf�he <br /> �e�se. �3�rraw�r sh��i ��� surrer�der�he ���se�o�d est��� and �n��res�s h�re'rn c�nv�yed �r��rmi�ate <br /> �r cancei ��e �round I�ase. Borro�er sha�l nr��, �r��hou��h� ex�ress�nrr����n cor�s�n�vf L�nd�r, al���or <br /> ar��r�d th� �raund I�ase. If Bor�av�er a�quir��fee ���le �� �he Pr�pe�, th� �eas�ha�d and �he f�e �i�le <br /> shal! no�r�er�e u�l��s L�nde�agre�s t��he m�r���in�r���n�. <br /> '��. ��r�g��e�n��ara�r�c�.If Ler�d�r required Mar�gage�nsurar�ce as a condi��on af making�he Loan, <br /> �orro��e�sh�r�f pa�th�pr��iurns required�o rnoair��ai�����or�gage�nsuran�e i��ffect. �f,for�ny r�a��n, <br /> the 111���tgag� �nsu�anc�caverag� r�equired by L�r�d�r���s���o b�a�a�l�bie from��� mortgag�ir�sur�r <br /> �ha� �ar�v�fl�s��r prov�d�d su�h i��uran�e and l�orr��er v��s requir�d �o make separa���� d�s�gna�ed . <br /> pa�����s �o�ard t�+� prern�ums for �or��age �nsurance, �3��ro�v�r �hall pay ��e prem�ums requ�red <br /> �v vb�a�n ��Werage �ubst�n�i��ly equ�v��en� �o �h� �ar�gage Insuran�� pre�r�ous�y in �fi�ec�, at a �vs� <br /> subs�an��ali� e�u��al�n��a ��e cast ta Barravv�r af�he ll�ortgage lnsurance pr�viausly in effect; f�o�n �n <br /> �VE�RA��CA--Si��1e Famif�r--F�nnie�a�IFrec�die�la��h�IFC}R�iI�ST�L��IE��Forrn 3�28'll�� <br /> E�lie Mae, �nc. p�g���f�� NEEaEED 03�5 <br /> . NEEDEED�CLS} <br /> 041�312�'i 7�9:45 AM PST <br /> � <br /> . <br />