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<br /> + palad��h�t I.en�lor rcquires. The insurwue caaler�xavidinQ ihe in�uran�e rhull ho cho.en by Burmwer nubJecl to Lender4,
<br /> �ppnavd which dwll nM be unrcasaiably wilhheld. If Bmrowrr f'ails to muintAin cavamge de�c�lhed alw�ve,Leitder may.at
<br /> l.a�dert op�ian.aM�in cove�ge t�prdect l.ende��x riphtR in�hePropcny in acewd�nco wilh pamgrnph 7.
<br /> -:: � All insurance pnUcko�nd�snewalR ahull I+e sccep�abk ta Le�xier wid xhull invluda u x�undanf m�xtgaye clause. t.eride�
<br /> - �lull Iwve�he ri�M to hold�he poUcies and rcnew�l�. If Lender�uirrA,Bomnw�er fiholl pmmMly giva la I.cnder ull roceipl�
<br /> of paid pr�emiums pnd renewul mNicex. In�hc event of I�s.Hurmwer xhxll piv@ prompt nWice to�he ln►u�xo cwrier and
<br /> Lrender. LxMer m�y make proaf oi'lass iP nat madc prwnp�ly by Bc►m�wcr.
<br /> .•.: — -
<br /> Unless Leaier And Bartowe�dhenvise A�me m wriling,inwura�x�c pncxredx r;hpll he applie�l ro�s�nration or repAir of
<br /> ": the Property dAnwged. lf the n:.tarutian ur n:p•rlr i�ccwwmkuUy fcuciblc uoJ l.�:n�kr�.w:curity ir n�q I�s.�ened. If Ihe �--
<br /> _: :ln' rratc►rati�n ar repair iR nnt economicully fewsibk or I.en�krk security wauld he lexsened,ihe inYunuxe proceeds ahall bo _
<br /> - applicd to�he sume�ecwed hy�hix Securily In�tnunent,whethe�or na �hen due, with uny oxces�paid la Barmwar. If
<br />:''.�' "� Borrower�bondone�ho Property,or does nat AnRwer within ip dpy� u na�ice fmm I.ender tha� the insuranco ewrler bua
<br /> _,.� • � � offe�ed to setlle a claim.�hen Lender may callect the insurance praceedr. Lendar muy u�e�h@ pmcad�ta rcpulr or�stom
<br /> -y��:::�� --,�. the Ptupehy ar to puy sums secured by�hix Securliy Instniment,whe�he��u not Ihen due. The 30�duy parlod wfll tapio when
<br /> �'?+:°� �` the nolicc is Siven.
<br /> =•-�e"" �° Unless 4ander And Barawer ahe�wi,e�gn� in wrning,cu�y upplku�iun uf prucreda�u prfiu:ipal.rlwll not extend ar � -
<br /> ;?='
<br /> poatpono the due dWe ot the monthlY puyments rei'etnrl lo in p a r.�g m p h� I and?or chango the amount of the puyments. IP
<br /> ,�;�_ ..:.�z. undcr
<br /> �'�� ,�,,,,,, pnragraph 21 the Property is arcquired by Lender.Borrowert right to any inswance poNcfes and proceeds resuUing
<br /> �r:;�:-,-..•�..� '." from dumuge to tl�e Property prior to the ucquisition sfwll pasc�o Lemier to�he extem of the sums securcd by ihis Secudty -----
<br /> . . La�uument immedisuely prior to the aicquisition.
<br /> �„a��' `` '.',�., 6. Occupapcy. Pnservalioa. Maiatenrooe and Protectbn d' Ihe Pruperiy: Norrower's Loaa AppQcatiao: —
<br /> I.ase4oW�, Hortower slwll occupy,estublish,and use the Praperty ac BomawerL princiµ�l residenca wilhin xixly days a�ter
<br /> "^°� the euecwian of�hiR Cw���.iry lnstn�ment sr�d sh:e!! contfnue to ocrupy the i'cope�;ss$cnsostirr�prlcsripat residcncc far at •
<br /> ���' t;'�;'�;,�,�... leuct a�e year after the date of accupsme�, umtrss Lender othenvise ugrees m writing, whicA conxen� slwll not be �
<br /> � i `� , i eoau+easorwbly withheld,or unless exte�unting c�rcurnstancex exixt which Are beycxid Bor�owert conuol. Bomawe�shull aot
<br />"^' ,y... c,,,�: deslray,d3mage or impuir the Propert},nlla�e the Propeny to detcriorote,ar rommi�wutite on the Propeny. Borrower shall
<br /> =��`,t. , °.'•<,�: '�`;�ri�1,. be in del'AUIt if any f'orfeiture ac�ic�o.�r�n�c�eding, whether civil or criminal,i�beguo tha�in I.ender�goad foi�h judgment =
<br />_ ;,n:, _
<br /> m., . - �F�,r� could result in forfeiture of the }�opezt}• or•allxrvvise muteriully lmpuir the lien cr�ut��d by this Security Inrittrument or —
<br />•-> ,�• �:� l.ender�s security in��rest. Borrower may cur�xuch n default+�nd reinc�nte,ax provided in paragraph 18,by causing the nction —___
<br /> w or proceeding lo be dismissed wl�h u ruling ihi�u,i�n t.enderk gaod fai�h delerminu�ion.precludes fort'eiture of�he Bomnwer� —"
<br /> �'��" interest in the Propeny ar other muterinl impnirmrnt of�he lien crented by this Security In,trument or Lender's secudty
<br />_ `"' '' ' "�t' .'�' ' _=
<br /> _=;y�, . >. rl Mtemst. Bomowe� shull also be in defuult if 8orrower, durin;� Ihe loun applicution procetis, guve ma�eriolly fulse or
<br /> �.:� � � �..
<br />`�'`�;�� �''':+'' �� i'7`S r inaccurnte informution ur statements�o L.ender(ar fs�iled to pi4n i;1c l.ender with any ma�eriul informalionl ln connection with
<br /> '"'''� ��'f"`�;r't;� the loan evidenced by �he Note, including, but ro�+t limi�ed tn, rNpresentalions roncerning Borrowerk occupuncy of �he
<br />::�4 i��.y� �:�. E�ti'A�'.
<br /> =;`i� ',,�;'� Propeny as a principul residence. If thi�Securit��l��+n,ment is nn a leu�ehui��,9orrower shull comply wi�h All the provisions =
<br /> �z.ti,. .r;`:'s 7� _--
<br /> -_, ..�_�_,n 7Pk. � of the lease. If Borrower ucquire�fee�i�k��1hr Prn�ny,t!�r ka�e!+okl nr.c!�hc ree t3lle�hal!not t�wrgP�n!c��L.en�r a�n�a
<br />.'�:r,''' � `���,,,,.��:r.. y �', to U�c merger in writing. ` ��
<br />- - � (�,s.:,,•���•+�_��� 7. Protectbn ot I.ender's Rl h1.5 in the Pro�prlv If AnnoWCr fails tn rPi�rm r+he covennnts und a reem�nta �?'s�
<br /> ^, ' r ��.,-.���;T.:y;i; �. 1'� �C g 6�s ai
<br /> . .l�'`.-.v�.,•k1;�f.r cantained in this Securi�y Intitrumcm, ar Ihere is u Icgul �2cceeJing thut mny signifi�amly :if1'ect Lenderi right� m tt!�
<br /> - ��::<, !:.%"�{�t� ProQeny Isuch us u praceeding in bunkrup�cy,pmk+nte,for c��ndemnatiim or forfeiture or to enfurce luws or regula�ions),t�hca� Q+.�..�.,
<br /> ^ �' ��'�4ylj»+r•`,;�-�,�.k� L.ender mu do and n for whatever i.neccsxan to pc y g pe y. —
<br /> Y p y pmtcct �hc vulu� of ific Pru rt ond Lendcr's ri h�s in the Pro n
<br /> ��'° � '���?�+? °�+ ^� - Lender's uetions may include puying uny sums�eci,red by u lien which hux rriority uver this Security Inatrument,oppeuring �`-'`'
<br /> .. -:::�o, , "� ..,:`it�, e•._:.�-
<br /> :.,,,,�,:a.� ��.�. in cwirt,ppying reuconuble auorneys'fees and entering on the Pmperty to muke repain. Although Lender muy take action ���
<br />"'.�' �'����%�°' �• unde�this parngrnph 7,Lender daes not have lo do tio. =-_
<br />-;.,�� :•_�+b�",•1 �' Any amoumg dixbur.kd by l.ender under �his pxugniph 7.hall t►ecomr udditionul del+t of Bamnwer secured by this
<br /> • � Securiry Inslrumem. Unlecx Borrower and Lender u�tree to other Icmi,of puyment,thesc umounh shull beur interest from the -'�
<br /> '�� �'ti - �. �";': date of disbursement su ihe No�e rutc und �h u l l b e p�y u h l c,w i t h i n lc RZ t,u�n n n t ice f r u m Le n d c r t o B o r ro w e r r e q u c s t i n g '�v�"
<br /> _:�, 'A payment. ��.'�_'
<br /> r::J � -� � S. 11�ionqaRe lnsurance. 11 L.ender myu�rc�i mortgage inxumnce uz u cimdilion af muking the loun secuted hy this �� "�`
<br /> tif�;�', �•<, ����:.,. Securily Matrument, Bonower shall pa� Ihe premiums rrquired �o maimuin �he monguge insurunce fn effect. If, for nny r���'�'
<br /> :, �, �.:.��,.,:.��r. , Y:
<br />,,;._,,��, �t s• t�,,; ,,,•� reason, thc mon ga�r insurance covcr;l gc rc quired b y Lc n de r la�s c� a r cr us c� �o t x i n rf f e c t, Bn r r ow c r s h u l l p n y t he •�-�
<br /> z.
<br /> ��t%���, '� _ '�'��� premiums rcquired to ofi�afn rrnerage suM.iuntial0� equivnleni ��� ihe mongage insuruncc previously in effect, a� a cost ��s�,
<br /> ..�::,.it t� t-�,. •fi - �y,� subslantially equivalene �o Ihe ro�t lu Borrower of 1ht tttatt�Za;�r insurunce pmeiou�ly in rtTcrt.from un.dternate mongoge r;.;�i�„
<br />�;:�:�ii;�� ,;,i - ' insurer opproved h}�Lender. If subtilantiully�yuit.i l:nt m�xt�:�gr in�u�:mre cn��erngr i�no�nvi�ilnhle,Ram�wer�hull p�+y to {`::-,:-_
<br /> ,+:�h3!i -• ,,.;s;;,�p�;�,• Lender euch month n sum cyual to onr-twrllih of thc yearly rnnrtg�gc insurunce prcmium bring puid by Borrowcr when the °�"Y-=
<br /> ":�?�:.;'% t� �'�� ' insurunce coverage l�psed or reu.rJ lo Fx in ct'f�rl. Lendrr N ill aicccpi,ux��md rr�ain thc.c puyment.u�p loss reserve+n lieu
<br /> ^- --,
<br /> _ �����.,,.r�l, , of mongAge imurnnrr. l.oss re+erve puyments may no langrr he reyuind, u�thr uption of Lendrr,if munguge iosu�ance
<br /> ��r �t: 4, cuverage(in�he umM�nl and for Ihe peri�xi thut Lender rcyuire+l pmvided h�•;m in�umr uppn►ved My Lcnder ognin t�c�mes �''
<br />;'`;� . '`. ��':� ..• ovuilAble and is ubt;�in.�I.Bom�wer+hull a thr .re�ium.rc uired to mainlain mon�o�c in.urnncc in ei'fec4 or to ravide n �,`•'1k�
<br /> �. ,.� P'Y P 4 b b p
<br /> , . ,b' . � �-�r,� � loss reserve,until�hr rrquirc►nent f'or mixtgage in.;v,zance cnJ,in uccnrcinncr���iih:my wriuen ugreenxnt hetween Borcower ,. ,;:.
<br /> ' �•_..�, ':� „c 1 and Lender or appliruh�:law.
<br /> :is,. . . ��;�� 9. Inspection. Lender ur il�agcnt muy make reu�anul+lc cmrieti u�n,n and ins�xrlium uf Ihr ProExny. Lrnd«xf�al)
<br />'�`%'�� �_ . '?�;'? •. ive Borrower no�icc at�M•time of or rior to un im riiun x �-""
<br />::. � p �x �xrify ing rra�unahlc cau.c li�r tlk in.�xc�K,n.
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<br /> < ,;.s: •.iir.�. r t, l0. COIIdCptllWlon. Thc ixred�of um aH:�rd�ir rl:�im t��r danut_e+.dimrt�ir runxyuential.in cunncction wlth uny
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