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<br /> petiad�Ih�t Lenckr roquin�. Tho inau�nca cartier provWbg�he inau�x shall bc cha�cn hy Homawer subject ta l.enderk
<br /> �ppoval which sh�ll not be unrcaiaoably wkhheld. If Barower fi�il�to mai�qair�caverAge dc�c�ibed�bave,I.e�der mwy.u
<br /> I.aiderL aplan,ab��in oove�e�o pratxt Lertderk�i�hts in tho Pmpeny in occadaxr wUh p�ra��apb 7.
<br /> _-. - � All incunuxro policies wnd renew�la rholl be acoepab�e Io I.cnder and shall inrlude�st�ntlnrd malg�go clwuce. I.ender �
<br /> ;� sball have�he�igiq to hold�he policics and ienewals. U Lcnde�rcquires.Bonuwrr whull pmmptlY 8ive�a l.ender all rccaipF
<br /> _: -
<br /> of p�id pismiun�a and Rrawal naticea. In�he event of los�,Born►wcr sh�ll�ive prompt notice In Ihe insu�ae ciurier aid
<br /> r`- t.mder. l.e�dcr m�y mdco proof of loss if na madc promptly by[iamnwer.
<br /> '" -� Unless I.ender and Rr+mnwn n�Nrnvisc ngne in writin�,in�urunce pmceeds sha!! !ie applitd sa restorat3att or r+epslr of -�
<br /> '� �6e�d�nwgod,if ihe res►�aation or�pnir is tconomically feaxible und I..enderk security iR nw Iesseoed. If tbe -
<br /> �' rcstat�t a rcpair ia not econotnicall� feasible or I.enderk security would be Iesrened,the Insu�umro prnceedr rhwll 6e -
<br /> - �- �pplied to the sums sav�+ed by tl�is SeruritSr Ins�rument.wheiher or not �hen due, with uny excess paid �o Somnwcr. If -
<br />="�,. Bunower r�WWwdonv ihe Propeny,or does na answe�within 30 duys a natice from I.ender that the in�urance carrier hoa
<br /> - ol�'erod la sdtle a claim, then I.er�der may rnlEect the insuronce proceeds. Lender may use the procesds to�e�uir or restore -`
<br /> "�-- �ha Propeny or to pay wtns sec�uod by this Security Ins�rua�enr.wl��qer ar nw U�ea due. 7i�e 3l�day period w�l bcgin when �
<br /> - - -=- ' the notice is given. !'
<br /> ~�__,;� Unkss Lender and Barower otherwise agree in writing,au�y applicatioa ui pnoceeds w principal sF�all no1 eatend or �
<br /> ' . pos�pone the due dale of the monthlY paYments refer�ed to in paragr.ipfis 1 �nd 2 or change Uie amouat of tl�payments. If ---
<br /> under patagraph 21 U�e Property is ocquired by Leixle�. Banowe�'s ri�IK to any insurance pulicies w�d pivcceds resuUing �..'=`=.°
<br /> • from damege lo the Prope�ty pnor to tL�e acquisition ehall pa�.c tan Lervtter to the eatent af the sums secured by tltis Securiry •� �"
<br /> ,o-'�''� �� Insdumait immcdiately priw to 1he acquisition. ' __
<br /> ..� � 6. Oceup�ncy. Pre�rvaedaA. A7aintenpnce s�ar�! I�rotection of the PruNierty: Borruwer's I.o�o dl�pplicatb�t � :;,�
<br /> I.easehoWy. Borrawer shaEl occaa}+}•,estabfbh.ond ta�c the Propeny as Borrower's g�n�ncfi�+l residence wl�hin�ox�y�iay�A6�er ,��;,;,
<br /> ' Ihe execution of thi�Security�➢nsa�u�er�:n+and sholl continuc to occupy �he Property.ur•�HarroweR�peincipal rrs;•c�e�c•e f.�r ac -
<br /> �+r±•;�-. least one year aRer tl�: da�e a6 c�ceapsuiey. unleav �l.ender othenvise ugrees in wdting. wE�izh caviceria shala mat 4+e =
<br /> - � ona��•nel+ly wfthhekl,or s�nles�,ex;en:ssting cincatnst:u:cr..exlst tiehich arc bcyand Iiornw�r�:o�iirol. i�a-ruwci .t,:,ti�wt �•-
<br />- , '�•: � £- i� dcstroy.dumage or impair the Pra�+�ersy.nl)ow the Pra,�eny to deteriarate.or com�aede wasle on the Propeny. Bcnr�nw�r shaU �`
<br />' �''• i�'� �'��� be in default if an forfel¢arc uction m eedin whz�her civil or criminal,is be un that in Lender�s ood 6ni�t4� ud mant r
<br /> � 6 4acr Y P� S� � 8 9 'g L;i-
<br />�ti��;., could result in forfeiture�oY the Pn►petty or aherwlxe ma�erinlly impair the Ois�e crtated by this Secudq• I�strurnent ar
<br /> _ I.ender's security intercst. 8orrower m�v cure such u defuult und reinstAie,ati pio��daled in paragraph l8,by causing the acdisn
<br /> or proceeding to be dismissed with a r�iine Ihat,in L.enders gaod fui�h determinatlon,precludes fort'eiwre of the Aurrower� _
<br /> Intercst in the Property or other mat��9:�1 im,pc+itment of the lien cmuted by thq� Security Instrumenl or l.�nderk securlry �:o
<br /> � (ntercst. Bomnwer stwll uEso be in detuult (f Barrower. during Ihe loan uppli_ation procesx, gave mAteriaJ�y false or -•-_
<br />� �.��' .;�:, inaccurate informution o�,tazements to Lender(dr 6ai�eca to provide Lender with anv material inFormution)in cnnn�ction wi�h �
<br /> ��-
<br /> ��;:',t` � '?t' the loan evidenced by 1�P Notr. inoludiag, but not limited �o, reprrsenlations canrerning Borrower's o�c�,�+ancy of the .�
<br /> —�--�- � P�'openy as a principal Rsidence. U�C�is Securiay lnctrurn�nt is on u Ieuschold.Borrower�hall cnm�+ly wi�h�I�tha�►�►v�R�nns
<br /> �;;;�� ,tit;' �i�s:., of the lease. If Borrowcr acquire�fee titic to tite Pro�eny,�he lewrlmld and the fee tiUe shull�x►t�ncrge unl�4 l.ender ugrees -
<br /> ..� `y:;, w the rnetger in writing.
<br /> t,, 4 7. Protectbn oP l,ender's Righls in the F�roperly. If Borrc.wer fails ta pert'orm the covrn�►na, nn� agreemenu ""
<br /> '�� :'-r.. •• '' ' conlained in �his Security ?nstrument, or ther+e it ;� lega! procaedinR thut mu} .i��nificamly Aifect Len�r's rights in the �,-Y?
<br /> :.:�;, -��,�T r Prnpeny(such as u praceeding in bankmptcy,probatM1.i.�r candernoi�tir,n or forfr�usre or to enfcxce fnws ar regu;u�ions),then "�""
<br /> 72"i,n.," �r�;:
<br /> •�;:-_��. • Y,: ,, Lender muy do and pay for whatever is necessury to pmtert �he caVlr uf�he Praprrry And Le�c�ers righus in the Property.
<br /> '�'T � "'""' Y p y g y• y priuriiy uvrr�hi,5ecurity tn+irument.appesuing -�
<br /> � �,..�� Lcndcr:s uctions ma includc a iu a� ,um.,r�weJ G �licn��hich hu�
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<br /> - , �,,;.,.r:�r,��.i • in court.puying reaxonable ultomeys'fce.und enterin�on the Prt�xny to make repain.Although Lender may tuke action ';;,��
<br /> 'i: ' ' fttf�k under this paragrrph 7.Lendcr docs not have to do.o. ::':.
<br /> -'�• '�;;�� i��3' , An otnounts di:�M�ssed h Lender under this �;�;:;"
<br /> �� � y y �,iragruph 7�hull become�dditional debt of B�rmwrr tecured by this
<br />��;, , Security In.otrument. IJntc.ti Bortoa•er and Lender ugn�e to othrr termti ot paymcnt,thcse umoun�.5 shnll benr interest from the �,':;-
<br /> �N� -�'�� �}�• �ue of�lisbuP.ement ut tfie fYate r.u�:uu! �hull be payuble,wilh in�e�,l, upcm notice From Lender to Boroower reyuesting %'''`_
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<br />--„ . ���:�fl�( ��>' B. bilcarf�qnge Inaurs�ace, lf Le+�d;r reyuired rncxtgage imumnce a.,a conditian of m�;ln,: t?he loan secured by this =-;`•�:-
<br /> `'�`� ti�"` `�' Sxurity Instrument, B�irc*wer shall pny ihe premiu�a. reyuircd t�►muintuin �hr manguFe in�urance in effcct. If, for any '1�;�:
<br /> A�':. n ,�j'�"�'�". rcasan, the mortguge in�•ue.�nce covernge reyuire� b� Lcnder lapks ar cea.c. to be in eftect, Bomower .leall pay the
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<br /> ' �,��;;%:;�- ' :'���, piemiums reyuired to o�+•�Ain covernge xub+�umiull� cywvalrnt to Ihe mcxtgagr imurunce previausly in effect,at a cost �':":-
<br /> � . �;,. �, n�� subslantially equivalent�o the co.��o Borrower ol'the mongage in+uranre prcviou.ly in effer�, fmm�n altemate mortga�e �;�_
<br />- � f � '�"` insurcr a rc+ved b Lendzr. If cubstanriaU c uwulent mort u e in�ur:vke corcru � n not avuilable.Borrower shall �`�•_-
<br /> ti.... ��?. f PP Y Y 4 � E' 8 R'�� P�Y�� ,<
<br /> ,• �`� �< r�'_. Lender e�h month�swie e uol�o one-twclfth of th� �arl mort�ve�intiurunce remium bein a�d b Bornnwer when�he �
<br />-z �n �1 Y" Y b _' I' BP'� Y :�:
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<br /> ,,,, ,,�,q , insurance roverage lapsed ar ccu�ed tn lx in effeci. l.ender will arccpt,u�c and m�ain the,r payments us a los.reserve in lieu ,�.�•.
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<br /> -"�• `r� ,�, ���:+•;�yy '�s��' of matgage insumnce. l.o,s reserve paymentti mr� n��langer I�e n�yuireci, a�Ihr�u},tion of L.ender, if mortgage insurnnce ���.�.
<br /> _ , . ° �'• fr,•�,;�� coverage(in the amoum and for�he period�hat Lrn�7rr reyuireti�pmvidc�l My un in.urer approved by Lender again becomes �:��
<br /> ,;a,�. ,� �!,{•.r�;'•r,r, avAiloble ond is obtoined.Bomiwer shail p:n•1he premium.reyuirrJ a�maintuin mongugc imurrnce in eFfitit,or to provide a ` '�`
<br /> ,+�,... � �,'y��� loss reserve,umil the requirement f�x mo�rLage in�w-ance enJ.in acr�rrdanrr wi�h uny wriuen agrcement between Borrower °�'•' '
<br /> �'��.,• '' •"� .. •' � • aM Lender or applicuble law. • •-
<br /> , ' .�. '��°. ,�^ 9. Inspection. LeM�der or il.ugeni rn•r�•ma:eA��r�.KUnublr cmnr.u�xm;uiJ in+pectiom of�hr Proprn.. L�n�ier,hall
<br /> '* . . : i�v ''''0�`::r. ...- �,::.
<br /> -;, , . v�,ti .,�,ti.•;�,r��� �ive Borrower noti�e ut the timr��P�,�pnor to an in;���:��,�n,pecifying rr:uonutdr rau.r ti�r�he in,�cti��n. ;,�,a
<br /> c+�,.'�', k: IQ Cadema�tiva. Thr prn�cd.ui:m� awaeii�+r cluim(�r dama�c..Jircc���r r�,n.�yurrtnaC.in ronnrrtii�n wlth any .
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