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<br /> �. paiods Ihat L,ender�equiro. The innu�nce can9er providing 1ho inwnnoc sNall be chosea by 8arrowcr�ubjcct to Lcndcrb
<br /> approvd which 41tp11 not be un�rxsanwbly withheld if B�xrowe�fails to maintain cuverage descdbed abovo.l.andor mwy.At
<br /> - L.enderg opHan,abtain cov�rage to protett l.endcrk righta in the Propnty in accardunce wlth pa�agraph 7.
<br /> All lnaunncx policies nnd�enowals ahwll be�c�pt�bIc to I.cndcr ami shdl include a standwd moAgago cl�urse. l.ender
<br /> sh�ll have�he dght ta hold the policies and rcnewols. if I..ender oequires.Barowe�sh�ll p►omMly Qivc ta Lender all�eceipts
<br /> of pwid p�emiwns and renewsd notices. In the evcnt aP loss,Brxoower shall Qive prompt irotice to Ihe 1nwr�nce aRler and
<br /> i�aider. l.ender may m�ke proof of loss ii�wl m�de promptly by Batrower.
<br /> X_�._,,�_ __�__�_� � Unku I.ender and sorrower dherwise agroe in writing.insursurce ptn�'eed.4 shall he applicd to ro�iaation ur�pyir uf _
<br /> tho d�tt� iF ibe �ctoratlon or�epai� i�econamically ka�ible aixf Lende�h security !s not lessened. If tho
<br /> "� ��1ar�or rc r ir not aa�amically feasibb or Lendork �eaw�ily wauW be les�en�.d.the lnwranrc proceod�riull be
<br /> ~� sppllod to tho wm9 securod by Ihia Securiry Insuurneal. whelher or na1 lhen due. w11h Any excess pwid w Barmwer. li
<br /> Ba�rowcr�batwlom the 1'�qtierry.or doen nd an�wer wllhin 30 dLyx a nMirc from Lcnder tlwt U�e inwrance catrk�har
<br /> ofldad to�euk�clai�n.dKn Lender m�y collati Ihe in�urwk:c proccedr. l.ender may u�e�he�nx�xd9 to npnir ar rcs�a�e
<br /> '- the Nropeny a�o pay wms cocwed by�hin Securi�y Inwumenl.whrther ur nw�hen dun. 71�e 30�day period will beQin when
<br /> � tbe talGx is givet�.
<br /> Unle�n Lender w�d Barowe�Mhetwise a�roe in wridng.any applicwian ot'procoeds to principal�lu�ll not oxtend or
<br /> _ _ poupo�e 11te dpc dato ot�f�e monthly paymonts mfc�d��in puragr+aphs 1 and 2 ar chango the unount oF tho puyments. If
<br /> uider p�r�h 21 the Property ic acquirod by I.ender. Bamnwerk�ight la any insurance policies wwl praceeds�;sulting
<br /> �•.,�: finm ci�nu�yo�o�he P�apeny prbr ta the a¢quisitfon shall pacx to I.endcr�o�he ex�ent of the sums secu�ed by Ihic Secudty
<br /> Jncaume��t inunedi�tely prlor lo iheacquisition.
<br />.-- 6. Ooa�paecy. PraervNion, M�iaha�ace And Protectbn ot tl� Property: eorrower'� I.oaa AppNeAdons
<br />=- I.auebokl�. Bormwer shall occupy.euabliih.and usc Ihe Propeny a�Bomnwcr's priocipal Ksidencc within sixty dpys aRer _
<br />-'��.�, tho oxeruHon of this 3ecu�iry Insuument w�d slwll continue to occupy the Propeny ag Botr�owec's principal rcsidence fcK at _
<br /> _ _-_ Icas� one yeu atier ihc daie af accupancy. unless Lender c►ihenvisc c�neeb ir� wriring. whic6 cousenl sJwU rwt be
<br /> ume�conRbly wfthheld,or urdess extenuating cireum�tunces eaist which arie beyond Ba�ower's cantroL Bonuwer alull not -
<br /> desiroy.dnrtwge or impnir the Rq�erty,allow Ihe Propcny�o deteriorate,or commit waste on�he Ptoperty. Bormwer s1w11 -
<br /> be in deftwlt if any forfeltur�e uction or proceeding,whelher civil or criminol,ls begun ti�at in Le�der's good faith,�dgment =
<br /> .' could result in fafoitw�e of the Property or otherwise mutcriully impair �he lien crexted by this Seturiry Inucvimcnt or '
<br /> .� Let�det�a security interest. Bomower may cure such o defuult and reinslate,ns provided iro paragraph IS.by cuusing the actlon =
<br />-°' or p�ooeeding w 6e dismissed with a ruling that,in Lender�gaod fnith determmation.Rcec6ude�6��s:itare of�he Borrower�s =
<br /> �;r Lrterest in Ute Property or ather mAte�ial impuirment of the licn c�eoted by this Secxr�nm' lnstrument or Lenderk isecuriry ^
<br /> - ' inte�st. $orrower shall also be in defauU if Borrower. during the loen applicuc+rxr. prceess, gave materially false or
<br />-�� ,�;� imccurate infamAtlon or»ta�ements to l.ender(or fuiled to provide l.ender with any nna�erial infamation)in connection with _
<br />- dx loan evidenced by the Note. including, but not limited to, r�epresentations �cTrn�erning Bormwer�s accupnncy of the -
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<br /> Property as a principal residence. If this Security lnsln�ment is on u leuxehold Borr�n��er shull comply with all the provisions -
<br /> . � ! of the kase. If blanower acquires fee�i�ie to the Propeny.�ha kacrhuicd u�ai ii�t�ti9k shail nat mer�c nakss Len�cr sgrccs
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<br /> .�,J�. "« °Y to�he merger in writing. -
<br /> " �'l��'��� . 7. Protectbn of l,ender's Rights ia the Property. If Borrower fail�tr� .pe�form the covenants nnd agreements _-
<br /> ' contained in this Security lnstrument,ur there is a legnl praceediog that muy��iecu''ecantly Affect l.ender's rigtu. in the
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<br /> - � }'� . .r� 2�r Property(such as a prceeeding in bankruptcy,probate,far condemnwion or forfei4we or to enforcc laws or regulatioe�s).then
<br /> ��;� Lender may do and pay for wha�ever is necessnry ta pmtec�the value of�he Property�and l.enderk rights in�P+e.Propeny.
<br />-- T�, l.ender's actiuns mc+y inciudr puyiiig+uiy+uni+�ecureJ by�lirn wl�I�l�h�+.+priurity azcr ihi�Sec�^;J lnstrumeqi�aPP�nB
<br /> 'e�,�4' =' '' in tuurt, paying rcusonuble auomeys'feer�and emering on the Property to make repau�.Although Lender may•take action -
<br /> `� � unde�this paragraph 7,Lender daes na huve�o do su. -
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<br /> • ;, •':;?��4�3v` • Any amaunts disbursed by Lender unde� thix puragr�ph 7�hnll be�:ome •rddie:��2a5 debt of Barrower srcue�ecII by this =
<br /> - ''r '�n ' Securiry Instnxnent. Unles�Borrower und Lender ug�ee to wher tertn,of puyment.�a�:e�umoun�,shull bear interi��,urom the _
<br /> °��d��:�h �'� date of disbutsement nt the Note rme and shull be puyuble,wilh interest, upon noiice fmm L.ender�o Bor�ower rrquestinR __
<br />:.;:�:� PaYment. �
<br /> __ — '�':'��� & Morlgttge Insw•ance. If Lender rcyuired mortga�tc in.urunce u�a cor�dia+on of muking the loan secu�d by Ihis �:
<br />"��'+'=�'�''�'«?vn'�� Soeuriry Instrument, 8arrnwer xhall puy the premlums reyuired tu muin�uin the acorc�age insurnnce in effect_ lf,fur any =
<br /> v.�='v�., 'T�i�r�,� reason, the mwtgnge insurnnce cavernge reyuired by Lender lupseti or rea+e� a� tti in effect, Bcrrower rh;�Bf �y the .`
<br /> .;?:, ' �` prcmiums requlred tu obtain covcrage auM�andully cyuivulent to thc martguce insur.uice prcviously in eCfer�, a� u cost =
<br /> "�° substan�iully equivnlent to the cost�n Borrower of Ihe mongage in.rurcmce previa�•ly��o efFect,f�om an altemate mortgage _
<br /> ��'�� �'�sf insurer approved by Lender. li substuotiullv cquivulent monguge in�urance coverrgt i�t nrn�eailaf�[�:.Bornawer sholl pay to =
<br />• d. ;a, Lender each momh a sum equul to one-twelf'th of Ihe yeurly monguge inaurrnce premium bcing paid by Borrower when the _
<br /> °° �� insuranee coverage lupxed or ce;ised to be in effec�. Lender will accept,u�e:u�d ret�irr.r.he.re payments uti a lass n�•e in licu �
<br /> ';�i' '�''' "'' of mortgnge insuronce. Loss rererve paymentr muy na longer be reyuired,at�he o;��iun uf Lender,if mortgage insurance
<br /> �� 7'.�' -
<br /> � ,. � coverage(in 1he amoun�and for the period Ihal Lendcr reyui�e�l prmrided b)'aa Im��r�r uppn�ved by Lende�ugain becomes =
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<br />,;;; • :�:�� availeble and ia o6lained.Borrower shull p•ry�he premium.Myuired w rtoaint:+in moagagc insurunce in effect.or to provide a
<br /> -•-;i�,: .' �.. . loss reserve.until�he requircment for morlgu�te insurunre rndy in:wcord;akr wi�h a�y written ugrNemem 6etween Borrower _
<br /> w�d Lender or opplic�ble luw. _
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<br /> �;'{i-:'� y � 9. �115 t�OU• Lender or it�a•:a: iiid' iDJ�.0 l:i..;A.l.~:::{i::i:,i:'1.:�..1::.�.., ' U�){h Ut�i{l�r1U 11 �.�i3a:t a�l3Z�
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<br /> , �.f t{�;�; �:��;�,. give Born►wer notice ut�he time of��r priur tn un imp�cruxi.�if}ing reaxro:�bte rau�e lor Ihe inx�xclion. ---
<br /> '�I`:" s�����3' �"� lA. Condemaalloa. The raceed,of un awurd�K cfa�m t�K�tamar��.dircra t�r cun.eyuentirl.in connection with:u�y 'R�
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