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<br /> • periodr�I�t k�der rap�ircs. Tho ituu�cartier providina the ins�shdl be chase�by Burmwer,w�bjat to I.cnderl�
<br /> _�„ 4„ �pp�ova)which�II nol be unteuombly withheld. U Bot*ower f�w m�inuin covera�De descr�bed+il�ovo.La�dv nuy.at
<br /> • LenderY option.dN�in rnvera e�o protoct t.ender�a dQhu in the�rty in accad�nca with p�n�raph 7.
<br /> All incuranoe poUcies�renewde slwll be auxptable to �nd slull include�sw►d�rd mo�t���e clpuce. l.ender
<br /> slull have�t�e dght to hold tha pdicie�wid anewsl�. If Lender requin:s.Bonower slwll prompUY 8ive to L.ender oN rocoipta
<br /> ��� - af p�id premlum�+u�d tenewd notke�. In�he eveM of loss,Bartower shall�ive prompt notice to Iho inwrance c�rier atd
<br /> — -�- - l.e�wler. I�ndes m�y make prooioi las�iP not mwio pnNnptiy by Bor'�wer.
<br />-�'�-,�-�_�--.-----_---.—� Unkav I.arder And earower utherwise Agae in wrlting.lnsurance proceods shall bo wpplied lo oeslorat[on or repair of
<br /> 1hoprap�ty denwged. Ii the rc�lonuion or�pai�ia ecanomicalty feasiWe wid Lender� svcurity is not tessenvd. If d�o
<br />- — �estoration ix ne�wir is not economicelly fesisible or Leodet'a svcurity woutd be tesscoc� tlse insuranca pr.pooeda s8al!be
<br /> •pplied w tla sums secuted by �his Securiry Instttunent, wAe13�e�r v�uot t�ben du�e.wttJx eny exeess paid to Bon�owet It
<br />• Borrower abw�don4 the Propert�.�does o�at aaswer witLtia 30 days a optice txom �tlwt the insuranoe cen3cr haa
<br /> offered.eo aenLe A clsim,�A.e+�c.�r avrp�coq�xc t�e i�suram�e proceeds. [.ende*may use Ihe Qrocads to�patr or restone
<br /> - tl�e Poo�tecty a w paiy susns eecus�od�1�rLtis Sei.wricy Lnsteument.whedier a�nat�hea dve. The 30-day period will begin when ,
<br /> �`�--== tl�eoat�cca�Ls.g�'dec.
<br />,����,d••�•�•a• � Unless L�der and Bo�mwer otherVvise a�ee in wrltin$. anY applicatian of procecds to principal�hall not extcnd or .
<br /> _��,_��L�---""'�'°"-�--1---'-°-��;�� :• postpone rbe due date of the monthly paymems referned 1� in parugraphs t und 2 or chango the amount of the paymema. If , :
<br /> ,�i,�.���,��,,, under paru�eph 21 the Property is �cqwred by 1_ender,Borrowerx right to uny insurance policiea und praceeds resulting
<br /> ����*��T;.�1�,�,'r� from cl�ma$e ta�he Qnoperty prior ta the acquisition ahef)pus t'o Le�xier to�he�xtent of the sums secured by this Secarity
<br /> ,,,,�,���,� �, � lnspumeat immediately prior ta the acqulsi�tian.
<br /> ��`�'„����� 6. Oc�upaacy, P�eaervaHo�, MelAtenance uad Protectbn ot tMe Propertyi Horrowu's I.oan Applk�don;
<br /> --- ---°,...y����h.��� py;es�abUsh.and usa the Property as 8otrower`� nci I residence within sia d� a after
<br /> � ,�..��.,,,,n.H;�;�r;� LeasedolcDs.Borrawcr sfiall acau P� I� �Y Y
<br /> rt '^� the execution of thia Security insuumom and shwll contipue to occupy the Pnaperty As Borrowerk pdncipal realdence for at
<br /> - -- ------- - � lesw a�o yeor rfter �he dnte u(' u�:u�wa:y. uuir�., i.a�rkr ails..�isc agr,.cs in wrttiag� a�hich ron:cnt sha!! :tot be .
<br /> '=:������ — u�ueasa�bly wilhhold,or unlcss extenu�ting ai�umstunccs exist which aro beyond Borrowerk cwiuol. Bortower sh�ll not
<br /> °"NXr�2�.;; destro . e or im r Ihe rt pa y P� Y
<br /> _��Q��._.� y danug pai Prope y.allow the Pro n w deteriorwe,ar commit waste on the Pro n . Borrower Ahall
<br /> - be in defiull if any forf'eituro acdon or proceeding,whether cfvil or criminal,i�begun�hat in Lenderk gaod faith jud�nem
<br /> � ��-�-- could rcwlt in forFoituro of�he Propeny or dhenvise ma►eriplly impair thc lien crcA�ed by �hls Security Inatnmxnt ot
<br /> �.�' l.ader��acurity�nteoesl. Bomnwer mey curc 4uch u defaul�oncl rcinswte,ns provided in puagrnph Ie.by causin��ha xlion
<br />_—_��.,��a,� or procaedinQ to be di�missod wi�h a mlin�tha�,in l.enderk�aod faith dcterminalion,prccludes forFciwrc of ihe Barrower'r
<br /> '-- intercat in the Prapaty or other mate�ipl impaimum oi the lien created by�his Security In�tn�ment ar Lenler's secu�ily
<br /> � fnlercs�. Bamower �II ntsa be in defaul� if 8ormwer. dur�ng the Icwn npplicatiun process, gave muteriolly fal�o or
<br /> � inaccurae infotmalion ar cutrnxnt�to l.ender(or failed�a pmvi�e l.ender with ony m�te�ipl infom�Nioe)in conncc�lon with
<br />,_�� �he laan evlderced by ihe Nae, including. bu� na limi�od �o, rcqesentrtions conremfng Bornnwerk occupar�cy of�ho
<br />--_ ------- property��piincipal residence. IP�hia Security lnstniment is an u leuehold.Bwrower shall comply wi�h All the provh�inn�
<br /> _ - -- -+�;���:��� of the lea�e. If Bor►ower acquires fee litle ta the f'ropetty.ti�e ie�cehoi�i and tha ica ti�io si�ii twi mary�a wd�sc l.arKie���ec
<br /> ' '� �` to�he mergcr in writing.
<br /> . �i ,. ,., r„: 7. Pratection of Lender's RlQhls In Ihe Property. If Bomnwer feilR to perform thc covcnants and agroements
<br /> �;r .,r.-,,: ;� contained in ttiit Security Inswment. or therc is o Iegul proceeding dtat mny significantly affec� Lend6r's righta in Iha
<br /> � � "• `' Property(such a�a proceeding in bankruplcy.pro6ate,for condemnation or forfeitum or to enforce laws or regulaUons),Ihen
<br /> a;: -;:;.,'-: .t:; l.eiMer mny do and pay for whatever is neressary to protect the vutue of�fw Prupe�ty and Lcnderk dghts in the Prope�ty. _
<br /> � ,:t.��':-�;�;' L.ender�actions may include payfng any sums secured by a lien which has priority over this Securi�y Insuument.uppearing
<br /> '' in couA,paying neasonable attomeys'fees and entering on the Propeny to moke repairs. Although Lendar may take action -
<br /> �:�:' •µ:��,•,u under this pu�graph 7.Lender das not have to do so. =
<br /> ��;f i��r .'. �.�, Any amounts disbursed by Lender under lhis paragrnph 7 shall become additionW debt of Borrower r�ecured by this --
<br /> . !�..�:- �
<br /> .ti;��� �f•�.i��rK r, ' Security Insuument. Unless Borrower and l.ender agree lo other term.r-of pnyment,these umounta shull bcar imeresl from the _
<br /> � ,E'� °'°''��• • . date of disbursement et the Note ra�e and shall be payable,with interes4 upon ndice From Lender�o Burrower rcquesting
<br />' ����;� ! cm,
<br /> :��<<� � �S. Mw�tg�ge losurance. If Lender reyuired mottgage insurunce us u condilion of muking Ihe loan secured by this _
<br /> � Sceurity Ins�n�m¢nt. Borrower shull ps�y the premiums requlred�o maintain�he mongage insurance i�eftect. If,for any _
<br /> , .�i� . rensan,the matgage insuronce covernge required by l.ender lupsea or ceuses to be in effcet. Borrower shall pny the -
<br /> ' premiums requircd to obtain coverage substentially equivulent to the morlgage insurance prcviously in effect, et u cost
<br /> _ ,� substantioltyequivulent to the wst to Hortower of'the monguge fnxurunce previouxly in effect.fivm on nitemate mo�gage � -�-
<br /> R; insw+er epproved by L.ender. If subs�andolly equivulent mongage insumnce coverage is not nvuilubla Borrower shall pay to
<br /> _ . � « ' Lender each rt�onth a sum equal�o one-�welfth af�he yeurly monguge insurnnce premium being paid by 8arrower when the =
<br /> = ���"�y� insuranee coverage lopsed or ceused tn be in effect. Lender will accept,use and re�nin these puymen�s as a loss reserve in lieu _
<br /> - ""�� •'' �-`�ti• of mort • e insurw�ce. Loss rcwerve n mentx mn no lon er be uired,ut the o tion uf Lender, if mo a e insurance
<br />-.�:-';{:'�;",�,� 8 S P Y Y B �1 P �g --
<br /> :..�;.�,:"•,� coveroge(in the amount xnd for Ihe period that Lender requires)provided by un insurer Approved by L.ender again becomes
<br /> �;:�^,r::� availuMe and i s obtained.8omower sball puy the premiumti rcquircd to muimuin monguge insumnce in effect,or to provide u __
<br /> :::.��'�tr�•': lou r�eserve,until�he requiremeM fur mongu¢e in+�urunce ends in uccordance with any written agr+eement between Borrnwer _
<br /> • b�.�:�;`=; cind Lender or upplicuble luw. -
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<br /> `— ' �`� ` 9. Impectlon. l.ender or it�:ngent may mnke na.unuble entrie+upon und inspectiun�of the Propeny. Lender shull _
<br /> �' � • '::� give Borrower notice a��he timc nf ur prior to un inspection tipecifying reusonublc cuux for�hr inspeetion. __
<br /> .`� �� •��,,,,t;`''� 10. C�ndemnwtfon. The pnkeed�,nt'uny uwuni or cluim I'or Jumages,dirrct��r conxeyuentiul,in connection wi�h uny ��
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