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<br /> _ periads Ih�l Lendor royuire�. Tiio in�umnce carricr pra�vlding�he inNU�n��e,hall he chnscn hy Nomnwcr aub�cc�io L,enderb `
<br /> ; �pp�roval whicb WWI nd be unroac�wtal►ly withheld.It'Burrowcr f�ilK ta mdnl�in covcn�go dcscribcd aM►ve.Lender itwy.at -_
<br /> :� Lenderi�option,ol�in covern�e la protcct Let�derk d�tINA in the P�openy in ucc�xdance wjth paragrnph 7.
<br /> AII YIBU�IICC(fOIICICN YINJ fC11QWAIN AIUIII Ue�ccep�wble�o LeMle�und shall include u s�ondu�d mongqge clause. l.ender
<br /> ''" shvll hnve Ihe right to hold the pc�Ucles und renawnle. If Lender nequires.Bomnwe�shall pmmptly give Io l.ender all roceipta
<br /> �;, of paid prcmiums and maewol notkes. In�ho evea�of loss, Bcxrawer shull give prompt noti��e w�he lnsuronce cwrler�ad
<br /> --- �- - -
<br /> Lc�edea l.cndcr may ma�;c praof of las.r if nat ro�da yr.,mp�ly by 8unuwer. -=
<br /> '._�...�'�_---____- --- U�ekcs l.ender nnd sorrower rnherwisc agrce In av8ting,insucuere�rocccds s�t�all be appl�cd to a:sto�utiun ur nc�er of �-
<br /> �he pt�opert�r ciamayal. i(the ►eatomtion or rrpair is economK�lly fcas�W�e Ard�.ender�secuni�y is oot le�sened. If�hc
<br /> ... i restaaMian or�neQair is not economically feasible or Qa�tider'�secunity would be les.�.d.�F�e insur�nce proceedc sball be
<br /> - ' applied w thc sums setix�red by this Seruriry Instrw�en�whether or not then due.with any excess paud t�o 8onower. If �:�;_
<br /> �'r,�:. Barower al�arbons�he Property,or does not answer within 30 days a notire from l.ender that 1l�e insur�ukr c�rrier has . �==--
<br /> -- ,, , 'U, ofiead to settle a claim.�hen Lender may rnlkct the insura�ce pra:eeds. Lender may use�he proc,�eeds to repair or rcslona
<br />�� :i �``'��i'�'� �,. thc 1'ho a ar ta suau secured 6 this Securia In�t�wne�u,whether or not thn due. The�O�cia�period wiB begin when —
<br /> -�s-;.1. � �:•� .�.: . Pe 1�� Pa4Y Y Y � —
<br /> 'ri9 a ��'�1: ��IO�ICf IM1 �IYpI. �,.....
<br /> 'y- '� ": Unkss�eader ard Borrower aMerwise ag�re in writing,un u licution of
<br /> Y PP p�rc^eds Iv pincipal.r•NuOB noa extend cx
<br /> -s�r�+�� Fra�, '�po�ne die due date of�he'moMh�Y paymenrs�eie��to in par.�grnphs I und 2 or c0�ange tIR amoun[af�e�a}ments. !f =_
<br /> ;�;. ���y.� under paiagraph 21 the 1'Yopenyr is ac�ui�d by Lendrr,Borrower's right la uny innutmnce policies and pr�x�eds r�esulting =-'-'-
<br /> ���r a,;.
<br /> _-_!,;,,'t"r7:�.'�.: - ��4�r from damug�tu the P�operty prior to the sicquisition shall pass to l.enda�1�Ihe eztent of the�umc secured by lhis Secu�ity =
<br /> lnsuumem immediutely prlor ta Ihe ucquisi�ion. -
<br /> :�'� ,r � 6. Occupancy� Preservation� Mui�tenancc And Protectfon of' the Propert�y; Bo�ower'e I.oan Appllcatfani !� °-
<br /> ,��d;��r�;•,'� l.easehulds. Born►we�sh�ll accupy,eatubli�h.nnd use the Pniperty a�Barrower�principal residence within sixty dnys uRer �c�°i�
<br /> �:,`" the execudan af this Securiry Instrument and shall rnntinue to accupy the Propep� as BormwerE principal residance for u� ��`-`u
<br /> °�.iaul��il�ir`l_+<:' .
<br /> ���,f'r - - -'�t" leas� on� yeur utter �hc uate ot ciccupancy. unless Lende� atherwlse ugrees in writing, which coment shall not be °"=`
<br /> ��,�, , unneaso�ubly withheld,or unless exlenunting circumstunces exist which nm heyond Borrowor s conlral. Borrower shnll not �.•
<br /> it�'}°�'�� �'��� destroy,darnuge or Impair the Property,allow the Pmperty to dete�iorate,or commit wuete on the Praperty. Borrower ahall '�="
<br />-'�t���`��� � • be in default if any forfeiwrc action or proceeding,whether civil or crimin3l,is he un �hAt in Lender:s ood faith ud �
<br />-'_,�,w'�r, �'�' � � 1 �ent �:��:;_�:
<br />__�*„� . _�,�� could result in forfeiture uf the Propeny or rnhenvitic muteriully impuir the lien �rented by this Security Insuumem ar
<br /> _ -- _ Lender'.v xecu�iry interes�. R�rmwer may cure auch ndefauh nnd reinstate,a.�provided en paragrnph 18,by ci►using tfie nctian �`"'�"
<br />_='�� :� ;�� ar praceeding ta 6e dismissed with u luliog Ihtu,in Lenderk gcxxl Pai�h determinution,precludes forfeiture of the Borrower's• =--
<br /> ,i�,���� .•,� imerest in the Propeny or other materiul impAim-�e�i of the lien created by this Security Ins�rumem or Lender:s securit "r"
<br /> --�+.� Y �-vP.,-
<br /> ;±;+�� �,; � .� d interest. Borrower Rhall alsa hc in def�ul� if Bortower, during the loan ApplicAtian process, gave malerially fAlsc or �,n;::::_
<br /> '�.. .,� � .�.;:.-,
<br /> „'i_`� � �;, . .�,� � A��; inaccurate informauon or stntement�to Lender(ar fuiled�o provide Lender wilh nny muterial infomtatian)in conneciion wi�h x:;�e;::
<br /> -- � ��►.��,�?}Sx�,;,�°.`�,� the,loan evidenCed by the Note, including, bu1 na limiied ta, reprrsentAtians concemin 8orrawerb occu unc of the ��`_,
<br /> " "'r;_'�':��'���r� �{,,�g _ Prapetty as a prineipal tesidenee. lf this Security lnsin�ment is on o lensehold,Rorr��wer chall cemply with a!!the p oe�sions
<br /> � 1s G•"1 y'�L'"�f� •�'e'� o f t h e l e a s e. i f B o r r o w e r a c y u i r e s f c e d t l e t o�h c P r o�C r t y,l h e leuse ho l d an d�he fee til le s hu l l not merge unles.Lander ag�ecs �
<br />,:v,. ..�_t�;i ,`ts���i�.
<br /> �,=�•`"�``�' •• '" to the mer er in writin ���.�
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<br /> • �� ' � �• 7. Protection oP I.cnder's Righta in the Pmperty. If Bom►we� fuilx to perform the covenuntx und a grcamems �?<,:
<br />,::;�,�:,. . � `� . �,;:,,;����: c o n t u i n e d in t h is S ecu r i ty Inn trumen t,or t h ene ir. o Iegu l prckeeding thut muy ,ignificontly nffect Lenderti righls in Iho d�`
<br /> . .
<br />�;� `"'',. + . ., ��"'': ,• Property(such ns n proceeding in hunkn�ptcy,pn�ba�e,l'or con�kmnutiun or forl'ei�uR:or�o cnforco laws ar regulution�),then
<br /> - ''`�'" ' l.cnder mey dn Nnd puy for�vhatrver i,nrcessaq• ta pn,tcrt tfic ealur�:C thc!'roperty and Lcndcrti�ight�;in thc i'�.����y. -
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<br />� ���,v� � • ° Lender's actions may Include puying any.umr: +eruml hy�li�n which h•r.priurity over thi.Securi�y In�uument,nppearing �
<br /> ;,,���.,�` • in caun, paying re�r,on�ble uuamry.'fre�und rmcrin� �M�h�Pm�ny�o muke mpain,Al�hough Lcnder moy�uka aqion �---
<br /> '., . :.,,.�,,K ��, '.�-. under thix p;�rugmph T.Lendcr d��r.nn�huvr iu do,�,.
<br /> A �l'it�.
<br /> ' ,��„, � .•,,:...• : � Any um�wnt,diniwrkd by LenJer under ihiti prragmph 7.hull I+ecumr udJitionul drl+t of Bomiwer+ecured by thi� w-
<br /> � �;, ' r�•;si.q;.r:: Security In��rumem. Unle+a Hnrmwer und l.encler ugnc lo�►Ihrr Irnna ul'piiymrnl.�heK amoun�++hull t+eur imeres�from�he �-�,
<br /> ;�� .t�" �wwl:•, . .: � --
<br /> � t � : .�� �►;� date uf di�bunemeM at the Nrne rate unJ.hul l t+c �uyuMc,w ilh intcri,t, upm nolire fnnn Lender lo Borrowcr reyuesting
<br /> �'t''.1�'. ' '': .�
<br /> t ,�: ''�:��..:,,.'• ' �. :.. puyment. ,-;�
<br /> • • �' 8. Mortgage InsurAnee. li'Lrnder myuimel mc�n�uEe imurancr a+u runJitiun uf mukin�Ihe loun secured by�his � l
<br /> , '+; '��::,• - Security Instrument. B��rrower�hull puy �he premium� n�yuired�o muintuin ihr mon�;ugc in�urunce in effect. If,for uny �
<br /> a ,x ;;,��,5,,:�' � � �'': reason, the mongoge imurunre coveruge reyuirod by I.enJer lupk� or reunr. to br in effect, Bomnwer xhall puy the •
<br />�+t..:.. . � . , premiums reyuired to oMtain cuverage .ubuuniially ee�uivulent 1���hr mongugr insurum:e prrviously in effect, ut u cost '"'
<br /> ��,. : .� :.: •. . :,. substontinlly eyuivolent tn�hc cu�t tu Born�wer of tl�nxxtgu�c imuranre pnvi�►u�ly in eftect, from an nitemute martgAge `'":•
<br /> ; � . . .•.:�� ���;r�,
<br /> . ., ,.., , insurer upproveJ by Lender. If subxlamially eyuivalent mon�u�r inwr�ncc coverrge i►nut avuil•rble,Borrower shnll pay to '"
<br /> __ ' +� ,;r'F� :
<br /> _ -:,�.;:,�;��:�.� =�,�;�, Lender each month a rum eyual ro one-tweltlh of the yearly mungagr imurance pmmium t�c�in�paid by Borrower when the '�°�r:`
<br /> _ , r �;` �` �� , insurance covemge lapsed or ceased to tk in effaxt. Lenclrr will arcept,u,c and retain thek pnymems a,a lo.c rexerve ln lieu "�F
<br /> H�. 4...
<br /> .:f:..����'-.
<br /> ���.� �1:�: � of mortgage insuranre. Lo.,msrre�c pa}•mrnt.mu}n�, ka�grr he rryuir�tii.at the opiion of Lender, if mongage insuroncc ,.:'�{•;�,
<br />'<�_,v,'1• " P��;�,�` � •• coverage(in the umamt anJ tarc�ik pc riod that Lrndtr rcyuirc.�provi�ird by ao ia.ur�r approved by Lender ugnin becomc� ��'-`
<br /> =3;�,',: , ��, �, '' avniluble und i�obtAit�d.Burrowet,hall pa�•the pr�miunn rryuirrd u.maimain rn�m=age in>uranre in effecl,or ro provide u '` `
<br />` ;� � V �'� loss reaerve,until the reyuirement for mnneage imur�nc:e enAs in a�u�rdan�r w•�Ih onc writeen agreemenl between Bornowcr "'�°�
<br /> �;��`'`�'�a� � ' ,`� °'�' �''' �' ' andLenderorapplicuMclaw. `..
<br /> ,.-�. � `��c� ` a� ��,.,.,#f„
<br /> ,� �' •` Y � � `` 9. Ins tion. Lrnder or itti� em moy mal.e rca.un;�bi�r enlrie:u m:m�i in. itiun+oF 1hr p« � r;.
<br /> �.,;''' '' �•,:� �a�,'7��:':� p� € !x (k' ►Fkrty. Lrnder Ahull
<br /> , ,,t,� ��•�{��';:;::��r<<��ic�?;:�;�•; give Borrower notire u��he time of or prior to un in.�xci i on+pecit)ing r�a+onaMe cau.e ti�r�he in�prrtion.
<br />''` ' >'ti':•�,� lA. Ca�demnption. Thr ru��d+of un a��;�rd��r cl:iim t��r�.reia,,!r.,direr�i�r run.ryucmiial.in rnanectic►n wi�h any
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