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<br /> t` �'� ° �- which shall aot be unteasonabiy withhetd.If Borrower fa�s to maiatuin cxiverage desrn'bed above.Lender may.at[.eader's ':;f � .
<br />_�` ` ,�<:`: 1 . � ,:fi option,obtain coverage tu pmLect Leader's righ�in the Property in accordaace v�nth paragraph 7. r.-"_;`'`'"'` _ _
<br /> �` , A11 insu�sance poQcIes aud renewais sda0 be acoeptabte W Lender and shaFl indude a staadard iaortgage danse. l.ender sha11 .� : <<
<br /> g g 5�° , . �,: have the dght to hold the potIcies and renewals- If Leada requires.Borrower shall promptSy give w I.endes aI!receipts of ���•` � :
<br /> r. � z �.. ,< paid premtums and renewal no8ces- tu the event of loss.8orroarer at�all give prompt aodce tu the iasurance carrier and _ ,
<br /> �> `" � _ Lender.I.ender may make proof oEtoss if aot made promptty by BorrovPer. `� Y
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<br />�� . Unless Lender aad Borrowet offierwise agee ln wrtting.iaswance prooeeds shall be applied oo restoration or repazr of the .- „ �,.
<br /> °c - . �P�Y��if the restoration or repair is eoonaustcaity�e and f.endes's seceuicy es not lessened. If the reswratioa �.`-, -
<br /> �-��: or reFair is stot economicaliy feaaible os l.ender's securitp wonid be lesser►ed.the iasurance Proixeds shaU be applied w the �
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<br /> � ;- � - . stmts secvred by this Sectttity Irtsttt�meflt,whether or aot ttun dae.aith any eacess paid to Borroaer.If Borrower a6aadons
<br /> ��. ., . .', ` the Property.or dces not answer wittrin 3D days a not�ce from Lender that the insurance carrier has offered to settte a dawu. , .Y' ��
<br /> `�°,-"• 8 ien L e n der may c o t t e d t he i n s u r a a c e p r a ce e d s. l.e nder m a y use ihe p r o o e e d s w r e p air or reswre the Property or w pay _ .
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<br /> �.,,:<... :..: % �'*.•"'; s�secured by th�a Sec�aity tashvmenl.wheilter ar noi thea due.The 30-0ay period will begin whea the notice is given. v`;
<br /> ��'-- Untess i.etEder and Boaower othetwise ag�ree in writlug,anY aPP�icstioa of prc��to principat�at!ssai ezie�d.or p�e � .'
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<br />_�; :.� . the due date of the monthlp payments r�'erred to io patagraphs 1 and 2 os chaage the arnount of the Qayments. If andes � � `
<br /> �Y ' ' t �:� ParaB►'aPh 21 the Property is acquired by Lender. Bonower e right ta any insarance poticies and proceeds c+esnlCmg from s•� f `� �;
<br /> �+�- '_� damage to the Propect9 Prior m the acqu�sition shall pass 4o Lender w the sxtent ot the sums secured bq this Seattity , , �.
<br /> ;�� ` � Iffitrument immediatel nor W the a uisitioa G '���``��
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<br /> � � �' 6. Ocx�t�aac7. Pre�valion, Mainteoanoe and Protedton af the Pmp�ty; Bnrrowes's Loan Apyticat�ou; .`•� Y ''t'.
<br /> `�� �� _ _ _ Leaseitald9.Boaower shall occupy.establish,and eue tha Property as Borrower e principal resldeaoa within eixty days aftes �' �- * _
<br /> ' - the eaecuUon of this Secarity inswment and sfiaD continue to occvpy the Propertp as Bosrower's priudpai restdence for at •
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<br /> ' � •• • `` teast one year after the date of oacupancy.unless Lender offierwise agrees in writiug,ahich cos�s�t sfiatl not be unreasonabiy . '`
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<br /> ""���� ` "`- withfietd.or antess eatenuaUng circwnstauces eaist which aze beyond Bosrowar's controi.Borrower ahaU not descroy.damage
<br /> ; • or impair the Ptoperiy.apow ihe Propertp w deteriordte.or commit waste on the Properiy.Borrower ahatl be in defautt fFa�r ^� �' �{
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<br />,:siz". �`... : .`.•_ ' ` �-`" fosfeiture actIon or proceeding,whether civ�7 or criminal, is begun that in Lender's good faith judgment could resuit in - , nm;
<br /> �� „ - �... forfeiture of the i�ropertv or othermise matecialty fimpait Ihs lien created bq this 3ecurity Instrumertt or Leada's secusIt9 ,..
<br /> _.��
<br /> ' T�° � tnterest Bormwer maq cuce such a default and rein.state.as provided in paragraPh 18,by causing the action or proceeQ�ng w �.� °;a .:
<br /> ��;. :__::V�. �s be dtsmi�se�with a ruling that,in bendee a good faitih deterndnation.predwfes forCeiWre of the Borrower's itrterest in the - s -
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<br /> �'{ ,' ,' Property or other matesial impairtneat of the lien created bp thls Seiurlty Instrutaent or l.ender a security interes4 Borrower , �'
<br /> ;. �r sha0 atso be in defauft if Borrower.durin the loan a ticaHon rocesa,gave materiaq fafse or inaccurate informatIon os '
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<br /> T;3n.`:�, ., t •; statemenis to Lender(os failed w provlde Lender with aay matertaf informatEon)in connectioa w t t h i ha toan e v t dence d by t h e . :.,;��,.:
<br /> Y _ ,,; . Note.including but not limited w,representatfons coacxming Borrower's occupancy of tha Propescy as a psincipal residenw. '',•
<br /> . � � : IP ihis Security Instrumeat is on a leasehold,gosrower shal!comply wtth aU the provisions of tfie tease.1P Borrower acqnires i: �
<br /> '��`�'x �. � ' ' fee Gfle w the Property.the leasehotd and the fee title shall not meige tuiless Lender agees to the merger ia writlu& ����'`
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<br /> '! � ' 9.Protedion oi I.end�'s Rigdts in the Pmperty.If Borrower fails W perform tha coveaanb and agtcements coatained in • : -�;:::
<br /> ."°,,' , � ,.+-�• this Sewdty Inatrumenb or there is a tegal proceeding that may signitican8y aft'ect Lender's rights tn the ProPetlY(such as a �r._� :. _
<br /> �` ' proceeding in bankruptcy.probate,for condemnation or forfeiture or to enforce laws or tegulalions),then Lender may do and = �
<br /> �� -,. ' ' paq Por whaWver is nece.ssary to ptotect the value of the Properly and Lendet's rights in the Property.l.endot's adions may --
<br />.;�'. �` . . ;�; include paying any sums secured by a lien whicfi has priority over this Securicy Instrument. appearing in court, paying ,. �"f�.;.
<br /> 'r''`�� . reasonable attorneys' fees and entereng on the Property to make repairs. Aithough Lender may take actton under this
<br /> ;f:.... .. . .
<br />�-`;••: • - paragraph 7.Lender does not hava W do so. '• �°'�
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<br /> ,�,�_ �., :: � Any aasounts disbursed by Lender under this para�aph 7 shall become ndditional debt of Borrower secured by this Security
<br />� � � Inawmen� Unless Borrower and I.eader agree to other terms of'Qaymenb Wese amounta shall bear intetest ftom the date of ,�"'
<br /> ' :,�..
<br />� �T;=T�° -. �- diebursement al iha Note rate and sfia116e payabte,arith intorest,upon notica Prom Leader to Bonower requesUng payment.
<br /> �
<br /> "`?��'� � �. . '^jo� 8 Mortpge Iltsttl�attce. IP l.ender required mortgage insusance as a candition oP making the toan secured by thls Secutity ', �' .' '`'
<br /> • _ ,: .. �.,.: �•
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<br /> _ 4.:-_.,•T-�7._;':�.-----•.•�_� !mts�ms�:st, HerroRrPr shall pay tfiP p►Pmiumv r,9nni►ed w maiatain the mortg�ga insumoce in efTecG It.for aay reason,fhe �.:�:,...
<br /> �•�;�:��,. . � - mortgage insurance coveraga required by Ixnder lapses or ceases to be in efFeM.Borrower ahal!pay the premluma requited W
<br /> ��;;�;::; - . • obtain wverage substantiafly equivalent to the mortgage insurance previously in eft'ec�nt a cost eubslanflatty equlvalent to the .
<br /> "F ��� • .' cost to Borrower of the mortgage insnrance previoosly in effecb from an altemate mortgase insurer approved by l.e�tder. If ��
<br /> ���.'� � �� aubstandall uivalent mort a e insurance covere e is not available.Bunower ahstil pay W Leader each month a sum equal `.' ��'•
<br /> ,. s., : .. i Y�1 S 8 S ' ��: . .
<br /> ��• '' • : t to one-twelfih of tha yearly morigage insurattce premium being pald by Bonawer when the insutance coveraga tapsed or
<br /> 4-,,.:; ' ; '
<br /> �i_ ceased to be in elTect.Lender will accept,asa and retain these payments as e toss reserve in fleu of rnortgage insurance.Loss
<br /> ��� ,- � '• reserve payments may no longer be required,at the opUon of I,endcr,iP mortgaga ineutance coveraga(in the amount and for .
<br /> .,,. . . . �
<br /> t-.;;,�-t . • lhe peslod that Lendar requires) provided by an insurer approved by Lender again becomes availablo and is obtalned. ,.
<br /> F�=-� ' 8onower shall pay the premiums required to malntain mortgago insurance in efiect,or to prmido o loss reserve, unUl pte
<br /> � . ' � requirement for mortgage insurance ends in accordanw with any writteu agreement betweer� Borcower und I.ender or �. .
<br /> �;`;`. � : • . ' applicablelaw.
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<br /> ��'+ � . . . � Single Famity-iNMA/FHLMC UNIFORM IN9TRUMENT FQRM 3028 OBNO(Page 3 018�agea) � . ��
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