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<br /> . _ ..1, �� t'�ur:�y..` � � �,.'��
<br /> � 990��0���. -:
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<br /> :-�i'T S �. ��� vc►,�.,.,,.?;� r,�,..o � g�.Ir.yv��h�i� (c�p the improce�enu nnw ercisting or hereafter erecte3 on tla2 —
<br /> Piugerty insure�against ioss by fire, harards included tvithin the term "eatended covernge" �nd any other hazards. includa�g =-.
<br /> '``��; tiQUds or floadins,for�vhich Le�tder requires insurar.ce. This insurance shall be mtintain�d in she amowits and for the periods
<br /> that L,Qrtder requires. 'I'�e ir►suranoe casrier providing tii�insuraR.7e shall 6e chosen by Borrower subject to I.ender s approval _
<br /> �' , which shsll rtot be unreasonably wiUtheld. if Borrower fails to maintain coverage desrrihed above. Lender may. at Lender's
<br /> ���` �``�� option,obtair.coveragz to protect Lender's rights in the Property in a000rdattce with para�raph 7.
<br /> � All insurance policies and rene«als shail be accepiable to Lender and sh�ll include a standard mortgage clause. Lertder
<br /> ` shali have the ri�hi to hold the policies and reAewals.If Lender requims.BocrovfeT shall prompily give m(.ender all rece'spu of _
<br /> �`� paid premi�ms aad reaewal Ratices.In the event of loss.Borron�er shall give pmmpt nodce to tl:e insuiance carrier and Y.ender. _
<br /> ;•�• -•.�;�. Lender rn3y maice praof of loss if not mzde promptly by Barrower. - —
<br /> � U�}��¢�dee;ut�gorrot�,er otherwise sgree ia tivritinb.inss�r��ce proceeds shull be applied to restoration or repair of the .
<br /> :_,� ` Progetty dams�ed.if the restoration or repair is economirally f�sibfa and i.ender s s�curity is not lessened.If the restorution or _
<br />-- - --" repair is aot economically feasible or Lender's security would be lessenecl,the imurance proce�ds shall be applied to the stuns
<br /> � y' � '�� secured try this Security Instrumem. �vhettcer or not then due.v+ith any excess paid to Borrowea. If�orrovrer ahaadaas the
<br />' ;%'>.���.-;t�� Pro�erty.or dnes not answer within 30 days a notice from I..ender th�t the insurance carrier has offered w seule a clau'n.tlren _
<br /> " ixnder may rnilect the insurance pra r e�s_ L.e n�Qr cnay u se t h e p r o c e e d s c o r e p a i r a r r e s t o s e t h e P i v p x rt y o r t o�.� s u�s s s
<br /> ,�;�;:.�
<br /> :_�.;. secured by this Security Instrutnent,whethar ot¢at then due.The 34day periad v�ill�aegin vrhen the notice is given.
<br />_=!r e�• Unless Lender attd Bortnwer otheawise agrae in writing, any upplication of proce+eds to principal shaU aot e�etend or
<br />:.,,.„ .
<br /> "=����`_;�` postpone the due dats of the inonthly paymenu �ferred to in paragtaphs 1 and 2 or change the amount of the payments.
<br />��,fy}i_`:
<br /> ,. . under paragraph 21 the Property is acquired by I.end.°r, Eorcav�er's right to arry insueanoe policies and praceeds resuIting m
<br />:�`",�:'-`• damage to the Property prior to the acquisition shall��to s euder to the extent of the sums secut�d by this Security In_�umsnt
<br />�.=�^�r�.,.�.
<br />;r;;�:�>- immediatefy prior to the acquisition. _
<br />-=;=;�.•,r„�- 6.Occupaacy.Peeservattoa,Maintenance a�d Pa�����vf th2 Peo�erly;Bmrrov�er's I.flan Ag�:Qcation;3.ea.�hslds.
<br /> _='=''T=� Borrower shall occapy.estahlish,sutd use the Progesty as Bcnvvuer's principal residence within sixty days after the exe�ution of
<br /> -_��'�"�� Wis Security Instntment and shall continue tn occupy t3�e�::etty as Borrovrer's principaf residetace for at least o�}ear after t
<br />-.�rr:�-+-..�a
<br /> -,4�� the date of or,s�pancy.unless Lender otherwise a„�s in art�r:�_ wluch consent sha!!nat be unrc�sonably�vithh�Id.vr unless
<br />..{i,1�:�
<br /> =- ,� extenuating circumstances exist wluch arz bC}rARtI BOtiC'�:'ot"' eonuol. Borrower shali aot destroy. damage or im�xir the
<br /> �'=J'-'-'�r' Praperty, allow the Property to deteriorate. or ca�ts2 cv��:on tho Property. Borrovrer shap be in d:fault if any farfeitune
<br /> :.��� action or prooeeding, whether civil or criminal,is begun that in Lender's gaad faith judgment could r�:lt in forfeiture of the
<br />=��•«� ProPerty or oih�nvise materially impa�:a�e lien c�by t�s Sac�y I�nt or i.ender's security:azer�t.�oaower may
<br />--_--_— cure snch a default and minstate.as pravided in paragraph ig.by cuusing the action or praceoding to be dismissed with u m1inH
<br />..:-::SYW3�l,/�
<br /> _----_=--- that. in Lender's good faith deiermination, precludes forfa.��. of tha Bocrovrer's interes: en the Progerty or othe3 material
<br />--�'`'�° impairment of the lien created by this Security Insnupnent or Lender's security interest. Borrov�er s�al1 also be in default if
<br /> ---- Borrower.during the[o3n application process.��'s materially falss or inuaurate information or stat�s to Lender(or failed
<br />�:±`�� ro provede Lertder with any material informatior}ia connecti�n with tha loan evidenced by the Note,i?:ir.ding,but not limited
<br />:=�:��-����� ta,aj��+�ntations canceminn Bam;�s�er's occupancy of the�r.:!x:4*.y as a principal residenze. If this Security Instr�m:uut is on a
<br /> = leasehc!d. Borrower shall compi; �•rft1� all the pmvisiors v!`�i:�. lease. if �orrov�er a�a�ui-�s fee tifle to the Pto�ty. ¢tte
<br /> -__=_— leasthold aud the fee titte sAall rtoY ian�e unies��ri'yrr a��:.��'�=ha marger in writing• •
<br /> ------ 7.Proteetton of Leicdea's R:�in the t�a��r:y If Borrower fails to perform the cavenants and a;�+�menu contained in
<br /> - this Securiry Inswmsnt, or there is�legal proc�din�that mny significx�ndy affect Lender's rights in tl:e Property(such as a
<br /> ---a=��: proocetiing in bankrupicy.proba;e.fnr condemnation or forfeitur�or ta enforce la�vs or r�ulatians).then L.endes maf do and
<br /> �.. ',T:��� pay for whatever is necessary to protect the valae of the Property and I.ender's rights in the Progerty. Lender's artinns may
<br /> — inclnde paying any sums secnred by a IiQn which has priority orcr shis Security Instrument, apgearing in court, paying
<br /> eeasonable attumeys'��s and entering on the Property to make cepair3. Altltough Lender mny talce aciion under tttis pangraph
<br /> 7.Lerder does nnt ivt���:to do so.
<br /> Rsr:� amounts disbursed by Lender under this paragr�.� "' shall become addiaonal de6t of Borrower secure9 by this
<br /> Secuiitv L•�strument. Unless Borrower and Lender agree to��i-'tr:r�errns of payment, th�r,3rnounts shall bear inte�cst'fntm the
<br /> date oi disbarsement at the Note rate and shall be payubte,u.i2h interest, upon aa�`ra:fr�:��Lender to Bo3rower rcq�eestiag
<br /> paycnent.
<br /> S,Mortgage Insurance.if Ixnder requir� �ortgage insuranco ns a cor.dition of*s:ri�=g the 2oan yr•..c:�red by this Sacuriry
<br /> •�-••---� Insuu�nent, Borro�ver shall pay the premiums required to mainmin the mortgage �ns:.^+s�«: in effect. If. for any rezsan. the
<br /> mortgage insurnace coverage required b�Lender lapsQS or ceases to be in effect.Borre�:.��.hail pay the premiums r�:quired to
<br /> oblain ooverage salbstantially equivaient to the mortgage insuranea previously in effect,�-�cat substantially equivst�n to fhe
<br /> oost to Borrov+er of the mortgage insurance previously in effect. from an aitemate mortgage insnrar appmved 6y Lender. If
<br /> substantially equivatc-r_t mortgase insurance wverage is not available.B�m��a��.:.shaU pay to Lender each month a sam eqval w
<br /> -----_---. one-twelfth of the y�-fy inortgage insurance prem:um being paid by Borro�,.�when tlus insnrancs coverage lapsad or cea�ed to
<br /> ------- be in cf:�.'�.Lender cviil accept,use and ret�in these payment,s.s u lafls re�erve in lieu af monga�e insvrance. Lose n.serve
<br /> Farrn:A23 9180
<br /> VaU 3 ot 6
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