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<br /> �.. far the paiodt 1Wt 1.aiAar require�.7Ue incuianca c�rrkr pm Wa in��oo slwll bo clw�en by Arwrrower suubjax to �• �°
<br /> -_- - I i,r,der•��r�v�l abich dull aot he wu�bly wW�dd. If�annwer fiiila w m�inl�in cavar�a descxi6ed aboMe. �. ---� --
<br /> �'.��,;�:t,r,•.:i' l.eaider aay��t l.ontlet't qMion.a1M�in oaveny�e to protect Lawlar'a�i�ht�in IUe P�o�aty ia�000Nmoe witb p�nlgnph 7. ,
<br /> : .� ...; ,�.°' :�. AU iesutlnoe pupcl0s�nd nena�v�l�alpill bo�ooapt�bb to I..e�ulat�ad thwll inclade a�mo�tg+�a clause.Lader �:,_..
<br /> ,: _,,'�:�..�;�:.;=� �n haYe d�o��w a�w u�e�ouc�ana�aw,�.tr�.anae��ut�,Bo�m��,.0�r�e w t.enaa�u� �N-=,-�.
<br /> �.� �" ' d'P�P�uma and m�towal aotloes.In!ho ovcnt or loss,Bo�mwor shall givc pma�pt aotico to�a Lwu�acxi c�rtier tnd ��:;�.,--
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<br /> � � , --- '� l.cader.I.atider m�y malce p�aot ot{ass if ta�t made�ly by Bonower.
<br /> Unkss I�ndot and Bamower alhawlao�oa in 8,insuranoa Pmoeocls stial!bo appliod m r�storadon m►ep�ir of �.�.�----�--
<br /> -- - _. _ R s�y daiaqgod�it�he mston�dcwi at ropa�ir ic 000nomiaUy fasible�d l�a�der'a searuy i�nat kssa�od. If�hc .r:�;�. ' ,,;,:
<br /> ar n�ir i�not 000n�rnipiUy fe�ible ar Leader's soauity wouW 6e ks�e+bd.the iwusnca pooeeds shaU bc '::�:;,�i�i��--
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<br /> ; ° . appliod a �ba sums eocwrd by thie Sacuricy Insuua�an.whelha or oa Ihea due,wi�b aar exoessp�W a BaROwer. If ,�"�
<br /> Bortowa ab�ndoas Ila Pmperty.ar doiw not aru�wcr wilhhin 30 d�ys a notioa fiom I.endrr tlat ihe incw�ca carrier has �:�_:;�i��,;:
<br /> �` � , ` otraed to sdUe a ct�im,tlien La�da mey ooUect�ho in�uan�c pm000ds.Lcnder may u9e�be puoeeds w�ar nastone
<br /> 3jr° ' � 1�IC PIO�y a 10/1�itllllQ�OCUI��1y1 l�i$OCIII�I�►]pC�ypqC�ll�Wf1E1�1Ct Qi IIOI I�IGI d11C.�IC�-dYy WW�1E$�II �, .. .J«7.r�r
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<br /> :: �°�. ..._-,:�G., :{t �rhen illD IOio11Ce i��avea. . ..-,�.:.,�.,,
<br />,�t�;� , �'"' Umles�Irender ard Barower od�erwisc s�ec in aritiqg.au7�pQ4catian of procoods�o prinapal stwll not extend a '.ih;:::�;;..��_�__
<br />.-�.,��°� pos�noe t6e due dale of ttie r000WlY PaY��mtamed iu iu�pa�ra�aQla 1 and 2 ar chaago tha araaunt af�ho p�ymdus.lf ,,, ,�-.
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<br /> `• i��",���.:�`�'`'>.=',; '. wider 2A Ifie P�operty is acquirod by' l�.BarnuweP's t�t p amy in�ncx polkies aod p�oceeds re�ukin6 ::�-� ' ._�::;:
<br /> ` `"' �:;'�"(.�`-�. ._'�:_ fiom to Iha�r�erty pnor�o the aoquisi�tioo shaY p�ass to l�aad�r�co rde as�ent of�he swns�eairod bp 11�Security '
<br /> `_ . ':��t' -�' � Insauma�t ' y.�rior W 1he aoquisiuoa. -�,�i,:s'��-
<br />���� .''''l�:y,1, ..;�. .�q f. Ooc�Pa�7• P+a�nw�, 1►1Ahleow�a �d Pr+ote�.,tioa ot tbe Pr+operty; Barroaer's Laaie App4aitboi " •7[`.._..
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<br /> ', n. • ' �•.' � I.eue6olds. EiarowCr slwp ao��aPY,est�blislb end uso Ibe P�operty ag Barmwa's pri�cip�l resideaoe ��si�cty days `"�°�r;;;•
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<br /> .. . ----..:. --- t� � aftu thn e,�acut�ot t�is Secu�ia��trwaeat and sUall condaue w oxupy tbe Pmpecty ss Barrowcr's p�incip�l resideoce ��`�.
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<br /> - 1, "� .- - S for at least ono yeaa epi�x ahc tWc of aocup�ncy,unless I�ender athe�cvL9e agnces in wrivag.which oa�m�e�t shaU not be ��� "��y:-="
<br /> . `�`,.r�� ,`; ,�`� w�oa�61y withheW,r�r anlexv exu�uat�g dncwn�eacist wdich a�beyond Borrowv's contml.�t3ortowex slwU�ot �:,,-- �
<br /> s+��� ' 'i I destro ar im �he .albw�he w detuiorate.or commit waste oa�he Pr�nperty.&xmwu s1�U .�i`�'�""..-�''y
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<br /> �." . si!;,, ba ia defwdt if aay farfeip�re aau���p�nceoding�wUeUier civil or cximiaal.is begun�t in I.aida's good faith judgment ; �- '-
<br />``;' • ;�,' f.r�:;.;., oould nsult in farfaiwe oi ihc�tc�}�erty or ottKrwise materially in►p�ir ihe lia�c�eated by Ibis Sacuriry Instrumuent a,r s;,:•_-
<br /> ; '', ,'at�f yrs;, l..ender's socurity inu�est.BotrmweT may cure such a defau�a a�t��l zrin:qs�e.�providod inp�ap1� !8,by �eu�tse L UJ�.;�`—
<br /> . ; ���rl�, eet�On or p�oc�0odiug b be dL4111issCd wilh A t�di�1$Ulal�i11 I.GldCr's�OOd failh de{Ctmillitlioll- ,prociades iarfeiWre of the p.
<br /> . '.�s 1,��;.'�' Botrowa's iatp�in Ibe Pr�y or other�aau:ria!im�t of Ihe Ueao ca�tod Dy Ihis Socur�ty[�ent or L�ender's : ,.�•.-
<br /> • • ,'��d�'.�� '`"' securicy intrrest.Ba�rower shaU also be ip�t3�faul�if Bortower.dur�ng the loan applk:adon process.H+we ua��luiaUy false or � ;;�;�_
<br /> " � ' �`! inaxurate information or staWnerus u�i.esas�er (ar faikd w provlde l.ender with eny matc�i�l infonnatian)in co�u�eclion %�„'';;:.:.,
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<br />��' � ' ,,;;�:.,�.. wi�b the lo�a evida�ced by Uu[V�¢e,u�clnding�but not limitod w,representadons concemlag Bormwer's occupancy of Ihe ` :/j.:��::=".,
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<br /> w __ �,.�f ir.�c�i::��:%:�:��l.�tL. Pr�rtY�a priacippl residence.�G�is Sxctu�ly Liatrumem is on a kasehold.aorrower s6aU comply wla�h all the provisions ' ,"-
<br />'�; •(��,�,,; - - -•.��r of Ihe kasc.lf Bormwa acquires 7ee tiik t91P�e Propaty,lhe IcaseholQ a�ti the fee titie shaif not p�ecgt unless I.eude.r •_-'�-,'L.�::-.-
<br />;}: 1,.�'f:��, �.�,, '.• agroestothemugerinwridng. jJ i�•�,< _
<br /> ��"� 7. Prokclioo oi l.eader's IF�lots in the Property. If Borrower fails to paf'om� Ihe covena�a.s and ag�oements -��x},.-__
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<br /> .j . ;.�., :t�r containod in ihLg Sccuraty Ia�suwnenL or thae is a legal praceeding ihat may signllk�ntly afl'ect Lencte�r's righ�c dn the
<br />±1_ ;;�'t..•�.�':' �P�'(such a4 a P�����P�Y.Probate.for ccxulamroalion or forfeiwre or w enforr,e laws or mgu6•r�ian�h. „-:
<br /> ` `, •" ' U�Leadcr may da and puy far whatever is �xessary tt>pfo�ect tlie vafue of the Property end l,r.�#er's r7ght.� in��ta�. --- - -�L
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<br /> .. '��,;,�`,` .- I�ender's actions ma include •�y..��-• - -
<br /> •� �sI'• Y paY�B�y sums secured by a lier�which ha4 ptioriry over this Security l�.strument, --- -
<br /> :: ' ' , "`y, r�r1 BPP�B in��•PoY�B►casoe�able etU►mcys' fces and enlc�ring on�he Atoperty to nwke repeirs. AlOdaough i.cader may �`_�
<br /> '���'��1 wke acpan under ihis para�eph�,➢.endeT d�s not have w du sa. ' ' �„ �`,`
<br /> �� .. ',.'���;7. A�y amounls disbursed by S.erwder uAder thls paragraph� shall become addllional deb af Borrow�er secured�by this �•'�i•;,��1' �_"
<br /> , "'•: ,i'^y;':�' S�¢y Ia�strumen�.Unless Bor�pwer and i.a�der egree to cxher berms of payment,thcar.amaunts r�l�a]D bear interest irom '.'� ;r�
<br /> �. . • the da�e of disbw�setnet�t et �be Notc ra�e ancl sh�ll bc payable, wi�h inte�est, upon notice fr,aa i.,etx)a ta 8onawer -,:,._,_
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<br /> � �W8 M PaY�Iasurana. If L.ender ,... •�
<br /> rtg reqeired mortgage insurance as p condido�of making 1hc,oo-an xcurod by this .Fw.., - --
<br /> � .. . Security Inaruaner,�t, Borrower sheU pay ihe premiuma rcquircd to meintain the mortgage insurance in e((xt !f,for any .� ,�••: ; . --
<br /> i. _ reas�r�,ilie roua�gA,ge insurance cnverage requirod by I.ender tapses or ceases w be in eifect, Bomower shall pay the ° =-•-
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<br /> • pr�emiums requlred tn obtain coverage substentially equivalen[tc+ the mortgage insurance previously in eFfoct,at n cc�st . .• �= -
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<br /> substat+tial7y et��uiv,�Bent to Ihe cost w Borrower of the mongaga:inswance Qreviously in e(fect,from an altanate mortgage '';;:,�'
<br /> ;�„ ' insurer approv�A by Lender.If substantially equivelent mortgage insurancc�:ovc�age is not available.Borrower shell pay m
<br /> � o.,. . L�each mon�a sum oqual W on�twelfth�f 1he yearly mortgaga insurancc premium being paid by Bvrrower when�he . .:.,,;;--
<br /> insuraakc coversge lapsed or ceasod w be in eiftct.Lender will accept,use and maain lhese paymenls as a loss reserve in ' •�,r{��-
<br /> ` . .:�"'',�'���;:=s.i� lieu oG�ngage insurance. Loss reserve pay�nents may an longer be required.at tlae option of L.ender. if mortgagc I''�?}�#;�_. �
<br /> '- �,.� r.�:.'•:':;.. erage (in the amount and for thc period 1ha¢i.�der requircs)providrd by an insurer approvod by[.et�der ' ��
<br /> �F�' ' , r IfiSWAi1CC COY �:�',�7; 'G.,•� • r:•,
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<br />,,;! � ��� �. . • .., . �, agai� becanes avai7able and is ob�eined. B�rrowar sholl pay the premiums required tn �ainiain rraxtgage insurance in ,,: •` . �,,. .
<br /> • ' ��1��,..;',.�'r �%�>.� ,, ` eifecl. or to proc�de a los� reserve. unul Itx rcquimanent for mixtgage irsur.�nnre ends in accorda►�cc ailh any wriueo �r;'. • .
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<br /> • : ;��•.� ; +� 1 r�• . .. agreeir�t between Barower and I.ender or appJ;rable law. !'; . '•. �i••,
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<br /> :,y, . 1 • ,. 9. laspectbn. L�ender or its agent may makc reagunable entrics upon and in�xxt�ons of Ihe Property.L.ender shall , . : r,,•
<br /> ,. `"'�'�1�.';t,;�.. .. :,�:, Bive Bartower notice et the time of or prior w an inspectlora specifying rcasonable cause foc�he inspecdon. ..`, '
<br /> ����� '�t ' 1Q.Condemnation. The pr�cec;ds of any award nr claim for damages,direct nr consequcncial.in connerdo�wiUi � � � •
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