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<br /> y parloa.dw l,aeaa.requMe�. n�e i�urenoe ca�ppv�d(a�a�o i�w�noe�t�l�de chac�a try aar+�w�ar.u�ea to uoa�r �.
<br /> � +y�poa►v which�n�a bo un�ooaay,w[tlu�ola. If e«nowe�fid4 w an�i�N�n aqpibea+�bova Load�r mw.�t .
<br /> .�� `, Lendarti aption.obt�ieco�v�a�e 1�p'atect l.a�detl�d�in dia Propany in�ccatd���th pa+��ph R
<br /> � All imyr�roe policles�nd Rnew��116e�o�ept�ble to L�endEr au�f t�ll Include�aand�td mort�e cl�u�e. I.ende�
<br /> . ' �halt lave tbe tl�ht to twld tl�e policia�nd ronnw�la, lf t.rnder roqdre�,8a►ower�hdl ptemPUY�ive w L�eader�11 reoelplt ,
<br /> of pid pro�aiwns md�erawal ratkey. !n�he eva�t of loa+.pamower sh�ll�iva prompt natke to the ip�ur�e o�u�nd ,
<br /> � Land�er. I.a�der may m�ko peoot'ot lou if not m�de P�mPUY by Banav�er.
<br /> 1.���_�,�t� Uole�l.ender�nd Batower df�wice sgroe in writing.Insutinoeproceeds aiull be appliod w ie�wntloa a ee�ir oP
<br /> 1he�e�ty d�d, !f d�e roctoratian or�epwir i�eoonomicdly fc�c bli e s�nd I.anderh security fa not le�ened. If tlte
<br /> an or is oot ecanomicaHy fo�wibb or L.ender�secwity would 6e les�enod.the inwruioe prooeeds sluill be
<br /> �ppUed to the sur�u cecwed by thic 3ecud�y Insaument.whdher or not Il�eo due.wlth any aaaea p�id w iiarowar. U
<br /> Borrower�baMau the Property,ar doee aot answer wilhia 30 clyrs a autice from l�a�dcr tiuit the imurruioe canier Wu
<br /> of�'aed to saple x claim,�hen Len�ler may cal{ec�Q�e insu�u�ce praceeds. l�ender�y uso�he prucoed�to repair or re�tae
<br /> Ihe P�oporiy or w p�y swnc�ecurod by th�a Socurity M�truroem.wt�ed�er ar not Ihen due. 71�e 30-0�y�xtiod will be�ln wben
<br /> tho notica is given. '
<br /> Unles� Lender and Bomowar otheiwise agroe in writin�.�ny �£pn�eoods to princip�d shall not oxlend or
<br /> postpone tbe due Aale of�he monlhly puyments rcfemed to in�ra 1 and 2 or change tlio amount of the pAymenos• lf
<br /> -- � wMdet p�h 21 the Propeny i�x►r�phai by Leoder.Bo�mwerh right to Any irisurane��rcnlicies and p�noc�oeds r�itua�
<br /> .:��oin�u�e to the i�YnpeqY Pr�or k�z�e acqui�itiai chqll pa&s w I.eAder b tll0 e�ctent of the swns cecu�ed by Wa SecuritY
<br /> , '.��t�cc�t�immediate�y pSior w th�t ac�u�isi�lion.
<br /> � �P�B� �'reserv�tloh, Ms+i�ten�nce pad Prolcctian ef IMe Property; Borrowe�'� �.aacw Applkallooi ,
<br /> _ '��'�'�., , y,awebaldt. Bormw�ar�h�ll oocuPY.establish,+u�d use the Ptaperty as Borrower!�principal residence�►7tl�ifi si, daya�fter ., ,
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<br /> �:�.. __--. ---__— �� �.tbe.pX�;Wip�i of U�is Securlty Inslrument end�11��rnu�tocMxupy U�e PropeRy ns tiorrawerk pdralpal farat - -
<br /> -- -- kasl�nia: �rear afl4r.�tD�c date of occupancy. unleas Lender oe?�ervvixe agreea.in writing. which conscpi r � �na�t !be
<br /> - unre�or+ubly withheld,or unless extenuating ci�unnnsnances exisr ahich are beyond Borrower�s control. Bortower ahall nat
<br /> destroy.damage a�im;�uir Ihe Property,allow the�iperty ta detcriorale.or commit waste an the Property. 8anawer ah�ll
<br /> . be in defrult if any f�rJeiture acdon or proceeding,whether clvil orcriminal,is begun that in Lender�s gaod fAith judgment
<br />- ' muld tesult in forFelture'of the Propeny or otharwisc matedally impalr the lien created by thls Stcurity lnatiument or
<br />_� Lendot�ateuriry intet+es� Horrowe�may cure such a default and neinstate,as provtded In paragraph 18.by causing the action
<br /> _ or p�ucee�iing to be dismissod with a nding�hat,in I.enderk good faith determinwion,prec�udes fortbiture of the Bomawer�
<br />;;,1 i�terest in tho Praperty or other metedal impairrnBnt of tbe lien cieated by this Security Instrument or [.ender�s securi¢y
<br />_ interes� Borrower shall also be in default if 8omawer, during the loan application process. geve materially falae or
<br /> " inaccurate infortnadon or statements to l.ender(or failed to pmvide I.ender wi�h any mater�al information)in rnnnect�on w11h
<br />�` the loan,evidenced by the Note, including, but not limited to, repr+esentations concerning Borrowers occupaacy of Ihe
<br /> — Property as p principa(residence. If thie Securiry Instrument is on a lesisehold.Bomower ehall comply wilh all the provlsions
<br /> - - --
<br /> •• of the lease. IF BorrAwer scquire�a fee title to thc Property.the leasehald and the fce tille shall nat merge unlesR I.ender Agrees
<br /> :�, , • to the margcr in writing.
<br /> 7. protection aY l.ender's Righta in tbe Property. If Bomower fuiln to pecform 1hc covenants and agneements
<br /> • contained in Ihls Securily Instrument,or ther�c ir u legal praccedin� thul muy cigniFicundy affect L,ender� rights in the
<br /> Pcoperty(such as a proceeding in bankruptcy,probnte,fix conclemnaiun or forfefture or ta enforce laws or regulatlons),then --
<br /> l.ender may do and puy for whutever fa necessary �o pmtect the value of the Property and L.ender's rightx in the Property. Q-
<br />- L.ender�actions may lnclude payi�g any sumx ssecurcd by n li�n which hu�priarity ovsr thiR Security Insuument,appearing --
<br /> in couR.paying ncusonablc attorneys'fees and entering on thc Property to make repairs.AltMough I.ender muy take action
<br /> v. . under�his pamgrnph 7.l..ender dces not huve to do so. -
<br /> � �' Any amounts dlsbursed by Lendcr under this p,uagrnph 7 shall become udditional debt of Borrower secured by this ��`_-
<br /> �''�;" �' Security Insvumen� Unless Borrower und Lendes ugree to other term+of paymrnl,these nmounts shall bear interest from the
<br /> •r date of disbursement at the Note rete and shull be payable. with interexl, upon notice from l.endcr�o Borrower requexting �
<br /> puyment. �
<br /> ' & Mortgage Insurance. If Lender reyuirecY mongnge in+urrnce as u condition of�+iaking�he laan seeurcd by u�i�
<br /> I� � �
<br /> ;" Securit Instromem. Bomower shnll a the remiums uimd ta mAintc�in the mort a e msumnce in cifect. If. for an �' '
<br /> �� � Y P Y P �1 F F Y �:;-:
<br /> � reasa�, the mortgage insurance covemge reyuired hy Lenckr lapse� or ceuses to be in eifect. Hc�nower shall pay the _ �
<br /> - !, �! premiums required to obtain cover�gc substuntiully cyuivpiem to the mortgage inxur.�nce prerious�y in efiec�, at a cost =____
<br /> . �' �,s•� subs�ontially equivalent to the coFt to Borrowcr of the mongaLr insurance previously in eficrt,faxn An aitemate mc�rtguge --
<br /> �-
<br /> .:'�.���5 ,.s.;n� Insure�approved by Lendrr. If subst,�ntiully eyuivalent manga;c inxurunre cuvcruge i,noT.�cai0ubir, �orrower sh�U�pny to .�
<br /> Lender each month a sum eyuul to one-twelfth of Ihe yeurly martguge insurun��e premium F►eing puid by Bortower when the �'-`--
<br /> •e
<br /> insurance coveroge lapsed or ceased tn br in effec�. Lendrr will accept,uw and ntuin ihe�puymentti a,a Ic►ss reserve in�liru
<br /> - �.� of martgage insurancc. La�s reserve paymentti muy nu k►n�rr he rcyuired,ai d�option of Lender, if mongage i�evurance �o.
<br /> �� ;t;,;;.;;���'.., coverage(in the nmount�d for the period thut Lendcr reyuire+l provided hy un insurcr upproved by Lender ugt+in becart�es ��-
<br />`+ �`�'r�''�� available and is abtuined.Barrower sh�ll pay the promiumti�eyuired to muimuin nuingage in.urunce in effe��.or to pmvi,;,le a �'
<br /> p�'�`J�' loss reserve.until the requi�n�erN far mongage insurunce ends in acconiunrc w•i�h,�ny written agrcement between B.wrower ��,
<br /> , �.
<br /> �•
<br />!�' ' and Lender or upplica2�le luw. F�'`:;,
<br /> �- �'� • 9. Iaspection. Lender or its agent muy makr r�u�onahle rntdc.u�n und in,prctionz uf the Prapecty. Lender shall �"-
<br /> ` �`��• ' ,,`'� ive Borrower notice at Ihe time of or nor to un ins �lion, cit'�in nasonnMe cuu�e 1'or the im �t�on. •�:-
<br /> —, �' 6 P� 1►�' Ik R P��.
<br /> %' .`. '•"� ' ' � '� 10. Condemnatloa. The meceds of un uwanl nr rlaim fi�r dama �� dircct or con.c uential,in eonnection with an �
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