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<br /> f � paiods ilww L�endcr roquircs. 71�o in�uranco cartier pmviding�he insu�-c�:1N11 be rho�n hy Qomnwrr wbjoct�o Lender e�
<br /> ag�svva!r.�}ch�lta!!tto!Ne t�dee�oneMy wilhtleld. If Fk�rmwer f�il4 to m�inain cuvernae deccribe�d aHova.l.ender may.st
<br /> t.e�der's oplian.dN�in coverage to pralect Lendt�b tighl�in IhePro�eny�n accanl�nce with puag►aph 7.
<br /> All insunu�a poliri�v m�d�enew�lc r�hull t�e uccsptuble to I.cMler and►hall inelude a titw�dard nt�wigaye clawc. l.endc�
<br /> - � shtll have the�ight�o hold�he poflcies+and anewnlx. If l.cnde�rcyuircx,Bnrr��wer�hall�np�ly givc�o Lendcr LII rcceiptr
<br /> - ----- of paid pntniums und iencwal ndiecs. 1�the cvcM of los�,Barmwer shaN �ive prompt nntire�n thc insrtsuKe ca�rier wul
<br /> -_ -%.�� j � � I.ender. i.ender moy mpka�xa�tu�lu�a if�N�t nu+�i.rcu�tptly hy Bc�tmwcr.
<br /> � Unless l.endcr und Bnrrowet othenvi+c agree in wri�ing,lo+unnce pm�xed,�.hull he u�ry►IicJ�u�c.toration or rc�u+ir af
<br /> ��� the Prr.�perty damaged, if�he rc+tamtian or repuir is eronomically feuciMk :md Lender� �curi�y i�na ler,ened. If�ho
<br /> �;- nestaatiat or rcpai�ix not economically feosible or Londer�necurity wald be lexsrned, Ihe infiurrnce pr�xeed��hull be
<br /> applied ta the �ums securcd by�hih Secud�y InKtn�ment,whether or not�hen due, wilh uny cxcetir puid to Barrower. If
<br /> •___s.;. , Bnrrnwer abundonr the Pt�oparty,or does not answe�wilhin 30 duyx u natice from Lender that tiu in�ursmce caMer has
<br /> °-- - —` - ot�tred lo settle u cla�m.�hen l.ender mAy collect ihe iofiuronce:pmceeds. Leader muy use the procecvLti to repuir or restone
<br /> � ' , I 'j a �` thc PropcRy or lo pay sums scrurcd by this Security Ins�n�ment.whrther cx not Ihen due. 'fh�:�day peniud wiM be8in when
<br /> -,�:': � �� '- U�e noticc is hen.
<br /> l•�.a„"»:"',�-r �- 8 .
<br /> _-- �r.� Unleas I.ender and Bomnwer athe�wise ag�er io wri�ing,uny uppliaati.m of proceedh ia pdncipal sl�ll na extend ar
<br /> -°= postponc Wc dua datc of the matNhlX p►�mrnt�refemed�o in poua�truph� I u�d�ar chutige�he um�.wnt oi the p�ymeMs• li'
<br /> �►.��'—' �:�"'� wider parr�otaph 21 the Propehy ix xyuired by Ixnder.Bomnwerl right�o my inr�urnnee policies anci ptoceeds resupin�
<br /> ` �'y� ° feam damage to the Proper�y prior to d�e xv�ui�tian sb•rll p�r.+.tu lxnder w U��x�en�of the rums �ecured by thi�Securicy
<br /> ::'4'" � ' .•` Insttume�t immediwtely privr�o�he xyuisNi�n.
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<br /> 6. Oocupaacy. �. ;Nai�Mn�ce a�d Protection d' Ihe P�+operty; Borrower's l.oa� Applkationi -
<br /> �- ��- l.ease6oWa Bomnwer shall accupy,estuhlish.and u.�:rhe Propeny u.+Borroµer��principul re+idence within sixee•dayA gfter -
<br /> .; —`�``Y'-- �1��xrru�ion ni�hic Gr��.i�y Instners:rs:t and•h:•al•�xt+�mw fn rccu�fy Ihe Pi+[�et1Y A�Hol'foM+'Crs prnlcipai r�.�si:lellcC fof ut
<br /> '� °�K �`�; least one yeu ufter the date of otirup:u�ry, unlesr: I.ender atherwise agree+ in writing, whi�-h canxna shall nat be
<br /> �,t t''��• unneusonabl withheld,or unless extenua�in circumstnnres eziti�which cam be ond Bom�►wer�contrnl. 8amnwer shuU�vx
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<br /> ' "'e �`�"' - destroy.damage or imp•rir Ihc Pr�perty.AIIOW 1I1�PfI�NIty l0�ICIC�IOfa1C,or rommit wtu�e on the F'm{�eny. Horrower sfu�94
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<br />: � 6e in default if any forfeiturc action ar proceeding.N•t�elher civil or crimi�l,is begun that in Lenderk}��wd taii7�jndgirtent
<br />_ . " cauld result in forfeiture of the Plvpeny ar alm�yi•.e materially imp�ir the lien creA�ed by �his Secuci�} 1�sTtument or
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<br /> o, � , Lender's security interest. Bomower may cure such a default und reins�we,a+Qrovided in paragruph i8.by cau�:ng Ihe tw�ion
<br />-°=` t�� `��..:�;:`�.,�'� or pm�.�erding to be dismissed with a mling thut,in Lender's ga�l faith dc:teRmm��ion,precludes farfei�ure af tNe�i�xn�w�e�:
<br />`::�_�',r ' `'' ' �' "�� :s�+' interest in ttie Property or aher muteriul impairment of the liea creuted by ihir Securiry In+��umeM or LenJerk securiK�
<br /> " :,x � intercsG Bo�rower shall alw be in default if Borrower, during the laan applicution pracess, �uvc matcriaUy ful:�e �+r
<br /> ', ;,� ?, �_+ inaccuru�e informution or swtemen4+to Lender lor iailed to provide Lenck r with aap mole�al infom�utionl in cvnnecdon wiob
<br /> "' -•. -t�� � � the loan evidenced by the Note, including. but not limited �o, represen�atiut+v �-�*nceming Borrower:a:c�n�ancy of the
<br /> � � t`��'''`_____ ��f.,_.� . . . Propeny as a principal r�.i�,,�nce. If'this Security Ins�rument i.an�leu�chold,6w•n�;�1ti•er shull comply with p]6 ahe piovisian.s
<br /> -. }7'' a1.'�rS1,, of tbe lease. lf Borrower acquins fc�uc�e to ihc Pn►peny,the lea�ehc�ld and thc f�iitle chall nr+t mcrge unleH.�Lender a��rr�
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<br /> . . ��f�'�+;'>,l�} ta the merger in writing.
<br /> :� _+ }�-��`'��i 7. Protectbn of Lender's IRiKM�s in the PropeHy. If Borrower fuil. to�rForm S4�covenuma und ogrccments
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<br /> „ "''��'�"~��.,, �'� cantained in this Securily In.�rum�r.�, or thcre i�a I�gui pnx�wding iha� ma� �ignificnnlly vffect l.end�r'. rights in the
<br /> ---- -'� u �+;�r• Property(such os a praceeding in Iwnkrup�cy,Ex�.. ior condemnutian c,r forfeiture or to enforce luws or rcFulations),then
<br /> --=-� =T-- . �, [xndcr may do und p:iy fui wliawvu i, �k�i.�►ry't:�pmtcct thc•.•aluc ift'�hc f'rapetly and l.ender:ri�M� in thr Pm�+eny.
<br /> ' ��'-''^�' �� ''.'"� Lenderc uction�mo include uvin-� �rty,um��ecurrd b a lie�¢ti�.�i�h h:+y nnrit c►ver Ihix Sucurit Ins�rument,u
<br /> :�;- . " . '�.�:}y Y P .� �• Y' P � Y Y PP�Arine , '
<br />==:�;, , �a';�.�,�x'.-;;;�-. in coun,paying reusonuble attnrne�•+'tce.and c nterinF on Ihe Pr�p:rh�to make repuirx.Al�hough Lender mny lake uctian
<br />-"� '.;?h,�,.:•�i�cs+� .• underthis paragraph 7,Lenderdcex nW havc lodo.o.
<br /> �-� ;;+�� . {:r?' Any wnounts di�bursr<l t+y i.ender under thix pam�ruph 7+hull become adJitninul debt af Bc►rrower ux:urcd by this
<br /> ' ' . � Security Instrumen[. Un"ess Bc�rrower and Lender agree ro other tern»of paymm��.th��e umcwntz shall beur interest from the
<br /> � �i � � ''S . date of disbur�:mr.nt ut�he Note r:►te;md xhull tie puyable. wi�h imere.t,upc►n noticc from l.ender�o Hixrower reyucsting
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<br /> 1,;y. ,,• Y���,.r��:¢:;;;;:�3 PaYment.
<br /> - '�•���4Y}„��'�� 8. Mortgage Insurance. If Len<aer reyuited manguge imumnce uti u candUion��i ma�:ing the lam securcd by Ihis
<br /> '�� �''`=''°! .. ` 't Securit Inxtrument, Burrower yhull n the remnium.m ui�d�a mulnrrin �he man a c insurunce in efkct. li;for an
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<br /> � � ��� neason, the mort u e insurunce covera � re uir��l b Lender lu uti or r�asc• �o he in efPeci, Barr�+w•e� shall a Qie
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<br /> �,;�'�'.��Jt. premiums reyuired to �ibtain rrnerx,gr tiubstwiuully cyuivulent to the mnngage inxurunre previouvly in eGfect, ot a cost
<br /> - •� � . ,;,,•���>�,.;��r substantiully equivulcM to the cast 1n Bormwer of thc mongage insurvnce pnviuu�ly in cA't'ect,ftnm un alternatr morigage
<br /> a�����"Y' ���'�7:��;:� insure�rpproved by Lende�. If wd�stnaeually ryuivalcm mortgatr in�urunce coveragr iti nut,��;,;Irble.Bom►wer�hull pay to
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<br /> �r.• Lender caLh month a xum�yaa)to vn:•:��clf�h of'�hc ycarly m�m�a�e in�uruncc prcmium ix�ing paid by Bomower whet�o'he
<br /> ^`'� � d' �'`A� insumnce covern �la �cd or cea+ed tu hr in rffcct. Lrndrr��•ill�cc t u.c anJ r�tain the�c a mentti u,u loss rcserve in licu
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<br /> „�'~• ,:�;� of monguge insurnnrc. Laar roscrve paymrnt.muy no tongcr lk rcyuir�J, at�hc uption uf Lender.if monFage insurance
<br /> > < coverage(in thc amount and for ihe�xrial that Lrndrr myuirc.l pmvidcd hy an in,urcr approved by Lender again become�
<br /> �'-� �1 y �''�� uvuilable und is obtnined.Burtower xhnN pay thc pRmium+rcyuiRd tu m.�inlain mongage inwr.m�r in ctfe�t,ar to pmvide u
<br /> ��f: .5 . . ;' ` loss rescrve,until thr myuiremem t��c mongiu�c in.urunre rnJ.in urrord:�n�c a ith un�•wrilten ugreement 6etween Botrawer
<br />:�'• : ':y���: '.:,irr � • and Lender or applicuble law.
<br /> ; ,�' . - � 9. Inspection. Lender or it�uFrnt may maF,� mutionaMlr rnlric�u�w�n and im�xctiun�af�hc PrcipeK�•. Lcnder xhull
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<br /> • �� � ��=x•�. r~ give Bomower notirc;u the timc��f i�r pri���r tr ar,inspeciian��krify ing r¢a Wx�uMe rau.c tiir Ihc in��x:�lk�n.
<br /> '`= ,- �'�1---�-• � 10. Condemnt�/k►r�. ThN pnk•�•ril,i�!ar.�.:iu.-.1 or claim ti►r daivaLC�. clir�•��+ur���m.�yurnliul.in conncciion witb��ny
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