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<br /> pei�iod�Ih�t t.aide�roquiro,. The i�nwr�ce carrkr pavWtn�Iho i�u�aaaoo shall be chocrn by Bomnwer wbjocl to Lenderi�
<br /> . q�ptov�l whkh�IuA nol be�re�sat�bly wi�hbeld. If Narower fail�to m�ltNaln caverage dac�ibod�bove.l.eeda�wy.at
<br /> Lnidert op{oo.o6t�in ooven�to pro�e��t i�ade�1�d4h1r lo tho�ty in acoadurca wi�h pas�aph 7.
<br /> All Mw�e policla�and nmew�dull be�ble to and si�ll includo�a�N ma�t��e cl�u�e. L.eeder
<br /> �ll h�ve 1he rip�re to hold IMs policia�nd m�ewsl�. f l.ender�oqui�nes.8arowet xh�ll P�P��Y Bive la Lcodor dl roocipls
<br /> ' of p�id ptemfums md�rnewd�Ikw. In�evemt at Ms�,Bom�nver sh�ll�ive pron�natioe to�he In�au�oe cu�ier a�d
<br /> ____T_ ._ � __� Lader. l.ender may i�tco p�vuf uf W.r{i nat�de p��npity by Burmx�rr.
<br /> __.._ _ „_n� Unku La�der�nd Borrower dhenviso a�tee in wrilin�.in�unaroe proc�eds ch�ll tie applied to rcstam�ian or�epair of -
<br /> _ �ho� if�he restacaibn ur nepdr i�ocoMxnic+dly kuiDle wxf l.endarg�auri�y is na icsseood. It�he _
<br /> �estar�t ar r ia oat ecaiomkally fe�ibb a[.enikr�socarity would be Icscened,ala insunurce pmoeeda ahdl bo
<br /> q►pllod to tho wnu cecurod by thia Secud�y IncuumeM,whe�her or nat tt�m dus, wl�h�ny oaceas pald w Barmwer. li
<br /> ga�owa�b�ndons the Properly,ar dae�oot mawer wi�hi� 30 d�y�a notice fmm I.�nder th�u the insur�nco car�ier has
<br /> of1'aod w replo�cl�im,lhen Lender m�y wllxt tha insuranco proi.�Mx. L.rnder m�y uso the pro��eeds�o�pAir or�estore
<br /> 1b�Propctty ar ta p�y wmo socurod by thic Sxurily Ia�p�mneM.wrhather ar na�hen due. Tho 30�day periad will be;in when
<br /> ---- d�e notix is given. _
<br /> Unless I.�da and Barower vtAawise r�e in writiag.any Application of pra�ads to pric��slr�ll aot exr�d or -
<br /> �the due duo at 1he moothlY payments rcfcrRd w in pors+gtaphs 1 and 2 ar ciwn�c the amo�ru oi'the payments. If
<br /> andtr�21 the P�operly i�anquirod by I.�mdor.Bonawu��ight to any inawancr policies�ad praoads tesultiu�g _
<br /> ������Y P�lo the�oquEsitioa clwll pa�s4 to I.etlda lo d1e exte�nt oi the wrm saurod by Ihis So�witY -
<br /> Inrqumdu immdUticly or to ihe�qu isitian. -
<br /> i. Uoe�acq+ �'atioa. MNMe�tnce �nd Profecdo� d Ihe P�vperty: Boev�rer's l.00 Appiip�tio�i _.
<br /> 4e�pe6nld�. Bonbwer�hall occupy.establisi�.w�d use the f4operty as Ba�ower4 p�iocipal resideace witliin sixty d�ys afler
<br /> --------_ - th�eatcutian of tbis Securiry bt:uttment and shall contiaue w oa,�r the P►voenY as Bamwer�s priacipd residcr�e fot at _.
<br /> IsuFt ane year after the date of occupaacy. unless t.ender wlx�wise ag�oes in writing, wliich caisen� sh,�l! mot be -
<br /> unrPa�on�bly withheld.or unkss extrnuatia$cinrumatnnces exist which�ue beyand Barower�co�trol. Borrow�er ABall nd
<br /> c�estrcry.d�rt�agt or imprir the Praperty,a!!uw vlie Hup�tty to deuriointe,ar cammit waste on the Property. Bnrrnwer shall =
<br /> : � be in default If�ny forfeitu�e action or pro��iing.whelher civil or criminsd,is begun that in Lendab good faith judgment -
<br /> __ - - -- 'e could result f� forkituro of�he Pirope�iy or otherwise muedally impair the lien crcated by this Secwity In�trument ar
<br /> :�;�,� Len�er'a cecudry intercat. Bomuwer may cuM such a defanit ond reinstate.as provided in puagraph 18.by causing 1he aclion
<br /> :':�__:.�,,,;�r�,•• or prooeeding w be dismfssed wid�a mling that,in Lenderla good f�ith determinadon,prccludes forfeitune of the Borrower�
<br /> ,°r,�°�^*'� intercst in tha Hropaty or dher mAterlW impaitment oi ihe lien cteated by thia Secudty Inswment or I.ender�s socurity
<br /> '":i��-1 intenest. Boanwer stwll also 6e in defoult iF Bomnwer, during the laan application proass. gave materiWly false or
<br /> ._::;M�,�,r.,^,
<br /> _-_ - � inaccurrte infomuUlon a statement�w Lender(or failod to provide Lender with any material infomwlian)in co�uKCtion with
<br /> ---�� the loan avideocad by �he Note. including, but not limited �o. sentations co�cerning BarrowerS� axupancy of the
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<br /> ,us„� Rro�perty av a principql�esldenre. If this Security Instrument is on u easehold,Barrowe�shall comply with WI tiae poaviaiata
<br /> ;;��;���� �wi•rne iease. If Banower Acpuia+es ite ride to rhe Propeny.die kaiehuW iltld ihe�Ce iii�s+ulii IMIt�itiBfr�d iili�Ci"s l.2iiL�1 Agi2FS
<br /> ---- -- . to the merger in writing.
<br /> — 7. Protetlioo ot l.ender's Rig�ts ip the Property. If Bomoa•er fsuls to perfom� Ihe cuvenants wid agreements
<br /> �""'�d c�onnlained in this Secu�ity Instrument, or t;�zre is e �gal proceoding tl�ni may significantly affect Lenderh dghts in 1he
<br /> -- - -- , � lhnoperty(auch As a procoeding in bankruptcy.probate.for condemnuion or forfefture or lo enforce luwa or regulations).d�en
<br /> —__ _ . l,en0er may do nnd pay for whatever is neccssary[o protect the value of�i�e�ny and ixmler's�igl�t� !n tiie P�apc�ty.
<br /> ----__—. .� � , L�nder's actiona may include p�+ying ony sums recured by a lien which hes priority over Ih�s Securiry Instturnent.appearing
<br /> in cuu�t.paying reusoneble attomeys'fees ond entedn�on�he Property to make rcpairs.Although I.ender mwy take action
<br /> --="``"'�`! �uo�da this paragraph 7.Lender does not have to do so.
<br /> --°`�"�S�y�;� Any n�aiun�s disbursed by L.ender under�his puragmph 7 shall become additional debt of Bortower securcd by�his
<br /> -�"��"���": Security lrut�mant. Unlass�Borrower and Lender agree a other terms of payment,these�mounts shall bear interest fram Ihe -
<br /> �' , ,,date of diabur.�tmenl at�he Note rate and shull be payable,wflh inlerex�upon notice from Lender to Borroaar ragvagtin� '•
<br /> ___�� pw�nnent. .
<br /> -•�-- 8. MatAgage lasut��oe. If Lender required mrntguge insurence aa a condition of making tha loan setaar�s�J by this -
<br />-___:� � '5ecurity fr+s�rument,Borrower sf+a7l pay the premiums�quired to m:�iuuain the mo�gage insurance in effect. D5,for ony _
<br /> _ _ ..t��sa�, thc mongage insuronce covcrage raquired by l.ender lap.sea o.r ce�.se� to bt in effect, Borrower shuD9 pay the
<br /> -'�"-� psemiurros requlred to obtain covemge s�bstan�iAlly equivnlent to the mortgagt i�suo�ance previously in effxc�, at a cost
<br /> =- sui�bstamially equivuknt to t�e rost to Hortower of 1he mortgage insurance ptcvi�outly in effec�, from an altemnte mortgage -
<br /> -��--— in:�wer upproved by Lender. U•F substantiafay eq�ivnlenn mongnge insurance coverage is not uvailable.Bortower shall pay to
<br /> —=-•�`':' �.:. Lender cuch month a sum oqual to one-twelf�h af the yearly mortRage i�surance pmmium being p�i�J by Bormwer when�he -
<br /> �'�% Inaurance covera e la or cea�ed to t�in c f fect. Lxnder wifl acce uxe and re�ain thexe �ents as a loss reserve in lieu -
<br /> .. .... 8 P� �• �)'t°�e =
<br />---- �"�;'�-; of mortgage insurance. Loas teserve paymerns muy no longer be��ec�s+ire�f.at the aptlan of LeTder,if mortgage insurance -
<br /> --Y��� ' � coverage(In tlx amc►unt and�far Ihe period that Lender requires)prnvideJ b}•An in,urer opproved bu Lender agAin becomes =
<br /> _ __=u���,'��.� a�.•aila6k and is obwined.Bc+r��wer shull p;iy the premiums requfred tn muintain rnnrgage msumnre in effecl,or tr provide a
<br /> _-=- toss reserve,until the requ�rement for morlRaRe insurance ends in occau�lance with am, written oRreement between Bornower
<br /> y;,���;;�<<�• and l.ender or opplicable luw. _
<br /> -�T> • ,.,•;��.' 9. Inspectlon. L.ender or its ngent muy mukc reasonable cntrics upon und inxpec�ions of�fi�c Propeny. l.cnder sFwll -
<br /> -�-����'��;�`A, ivt Bormw�r natice ut the time of or no�to an ins ainn s cif �n�rr,,snnable cuure,tnr the in; c.�tion. =
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