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<br /> - ---- heriod�11�t t.ewler nqu4�er. 'IUe iawwoa c�rier priwidi�d�e inar�noe sfi�ll be d�o�a�by Barower aibj�x lo I.twdKy
<br /> „ � . �p�roy�l wMiri�11 not be a�opW)►w�d�eld. U Har��ow�fidb�b a��iahM oa�aye de�cribed�bo�rr.ls+�de�p�y��t .. .
<br /> ' I.eada'1�optian.dM�tn oa�er�e�p'���°ry ti�Mt(s tAe N+apaty!n aooddtnoe with p�rMph 7.
<br /> A!1 imarance policia tad raoewalt:1W1 be�ooe�a6le b L�euder and a1�0 include��pr�dMd aialp�o dw�e. 1.ender
<br /> � sh�116�ve tbe rijht to boid tso pdicie��u�d�aw�l�. i(Laider requlra.Bo�vall P'oa�19�ive b l�ende��II noeipt�
<br /> d p�i�prooiu■r�ud.ra�ew4 ualioa. la tbe event ot ba.Bann�ver tbdl{ive pnompt nolke�o dre i�nwNOOe enier ad
<br /> I.eador. Leader dMy m�lm p�pat af losw if not m�de P�4uY�►!'�'�
<br /> -�,��'. �'.�'"."��"�'° Uak�t.aider and Bonowar w6erwlco�o tn writb�.tas�umux ps�oceede cdaU be�plied ro t�estoetioR��ir ol
<br /> din d�aayed. if We t�toauiae a�it i�eoonanic�lly feWNe�nd I.enderti sec�ity is nat knened. !f d�e
<br /> n on a�is not eoauamiadly fea�iblo or i.er�derl�:acwiry wauld be ksie+�ed�the insutinoe pocood�sb�ll be
<br /> �ppliod ro ibe iww�ecuiod by tbiR Socudty In�uumau. whdher ar tKM�hea due. whh any exoat p�id ta Bo�rower. U
<br /> ' po��oara a6rdo�s Ibe Propaly.ar does�wt aruwer wlihin 30 days�natioe fiotn Latde�ihu the it�unnoe�hiu
<br /> aRfk�.ed u►sepb a cidm����thiyi Secudty Ima�unan.wh�na tha�du. Tha 30�y�to wiU b'��in w�h�n
<br /> rle�ko�paey or a pay
<br /> Il�e a�atice i��en.
<br /> Uakss t.eade��d Bonn+ver atl�wlse+�ee in writing.�ny licatlon of proceeAc to principal�h�ll not axtatd ar
<br /> po�tpone the duo d�te at 1be moothly py�x refarred w in �1 and 2 or ch�ngo 1ho amoant af Ihe pymenis. it
<br /> w�der pa�ragnph 21 Il�e Pro�e�tg is ac�q�one�6�r Lender.Batnwer�nght to�ny insunu�ce policies and p�oceodi resuldng
<br /> - [rom damage�o�he prope�t�prtor lo�e acq�siNon sh�ll pus a L.ender to Uie extent of the wnn wcurod by 1hi�Sacurity
<br /> Iau�Wna►[lauaodl�el�P�bdie R1011.
<br /> � p� �. �s�aCe and Proteilfow �f tl�e P�tqi Qorrdwer"s La� Ap�lfcatio�;
<br /> --- I,e�olds. Banor�er shdt oavpy.es�4iblief�.�ad use the Propc�t�r�s Bax�erh pincip�l raWence withln:i�ty day�dier
<br /> -�---T - -� d�e eaecutlan ot this Securiny I�sawnaa ad shaM c�oatiaue w accup�r�he IPkope�ty�s Barower�priacipAl nxideocx for at
<br /> last ane yaar�fia lhe dale af oecupaocY� unkss l.erder od�enrise �gees in writing. whic6 eansrnt s1�M not be
<br /> muessoaaMy witNrcld.or unless cxta�a�tia�g cincums�ecs euist which aK beyond Ba�orrer�s eont�d. Bonower at�ll aat
<br /> despoy.d�a�ga or impair tha P�nuY+mny.allow the Ptopnty to deoeriarate,ar commit wwste an the Prapeny. Barow�r s1u�11
<br /> 6e in defwlt if my forfeitwe�ar Prooeedin8,whed�er civil or ctiminal.is begun tlat ia Lender�good fiuth jw�tg,aus� .
<br /> couW rosuU in forfeiwre of Ux Praperty ar��tixrwise materially impair dm lien cieated by this Security Instrumetnt wr '
<br />-- �,endenc�ecurity inopest. Barower may c�such a default and rcinst�te.�s provided in p�rsgraph 18.by cpusing the aat6�a-' �
<br /> � ar p�ooading w be dicmissod with a tuling t�u.in Letder�s good faith de�miination.Prccludes forfeiture of Ihe aww�o+keor'§ �. �.
<br /> � - intercst in the Propaty or otAer mut�Inl imp�rment of the lien cn�toed by thls Security In.wument or I.enderb cecuriQyr' '..
<br /> — - -- inteiest. Honnwer shall dso a+r. ia defiult if Borrower. during �he ban applicatlon process. gave mAterially faU�e ar ,
<br /> — — inaocurale infomution or statemeaus tu Le�er(or failed to provide L.et�der with any material infornwdon)in connoctian wlth ;'.
<br /> ' �he lo�n evidenced by the Note. ir+cluQ�ing, !►ut not limited to. �p�rsentaiions conceming Borrnwerl� occupancy of the ; . �.
<br /> - _ �uty ss s�sitscfpa6�si�ssee. !f thia�ci4Ary tnstnunent is an a leasehold.Baicower s6a11 comply wlth all the provisions�•
<br /> � of�he iease. If Bortuwer acqui�rs fiee titk W die F'roperty.the kacehold and the fa titk shall not ma�e unlesa Leoder a�o�s
<br /> i� w�he mager in wriling. •
<br />-� 7. Protecdon o�I.ender's RiQhts W the Property. 4f Bomower fails to perform �he covenants and a�us .
<br /> ;� - can�ain� in this Securi�y Inspumenb or the�e is a legal praaeding that mey significantly ali'xt l,enckr's rights'in 1he
<br /> Property(such as a�oceeding in banfwptcy.pno6ate.for ca�demnation oc forfeiture or to enforce laws or�egulat(ons).then
<br /> �� I,rndcr may do a��c�}wy for whatever is ne��ssary to protect the vs►lue ai t�e Property and Lenderk ri�tts in the Property.
<br /> �- I.ender's actions muy include p�ying any sum�s,ecured by a lien which has prioriry over this Security Insavmen�appearing
<br /> ��- in cairt,paying reasonable anomeys'fees pnd entering on�he Pmperty to nwlce rcpairs.Although Lander may take t+ctioo
<br /> �` .,•;';}'� urder this paragtaph 7.L.ender does na h�ve to do so.
<br /> � � . My amounts disbursed by Lender under this pnragruph 7 shull become udditianal debt of Borrower securcd by �bis
<br /> �,�.�
<br /> = Security Instrument. Unless Borrower und Lender ogree to other terms of payment,these amoun�s shall bear inteneat from�he
<br />..�`.���• �"'t''.��� date of disbursement at the Note rate and shall be pnyable.wi�h intcrest.upon notice from Lender to Somawer roquestin8 -
<br /> -_- • ���� -
<br /> �. �:,,k-. ., • 8. Mortgage lesuraoce. If Lender requircd mortgage insurance ag a conditinn of making the loan secured 6y��his
<br /> : •• �r �l j:.� ���� Securi[y Inswment.BoTrower shull puy �he premiums requlred to maintain the mongage insurence in effecG !P. tor any
<br /> _�,. ' reason. the mortgaga insurance coverage required by Lender lapses or ceases to be in effect, Borrower shall pay the
<br />`������ - ;�'•����'�+'�":. pr�emiums rcqui�ed to obtein covernge substantiully eyuivalent to the mortgage insurance previously in effec4 at a cost
<br />-_r'�i�� �' ;'��.:+'�r ��'�•��"� substantially equivalent to the rnst to Borrav�er of�he mortgage insurance previously in eff'ect,fram on trltemote mortg�ge
<br /> „'��j�':,��h` �� insurcr appmved by Lender. If substaMially eyuivolent mnngnge insurnnce caverage is not s�vailable,Borrower shall pay to
<br /> �,: Lender each month a sum equal ta one•twelfth of the yearly modgAge in�urance premium being paid by Bortnwer when�he
<br />__ °; t•t'Yi{:•�' insurnnce rnvernge lap.�ed or ce;�<ed tu be in effec�. Lender will accept,use und retuin�hese paymems as o loss reserve in lieu
<br />•_�. � '` of mortgage insumncc. Loss reserve payrnents moy no longer bc reyuired,at the option of Lender, if mongage insuroncc
<br /> � S.`^ �, �,'� coverage(in the amount and for the periad ti�at Lender reyuire+l pmv�ded by an insurer�pproved by Lender again becomes
<br /> ��y-r�'�:::
<br /> 'i,. avs►ilnble auid i�ob�ained.Barrower shal)p:���the premium.reyuired to muintain mongage insuronce in effec�,or to provide a
<br /> �'-�,'�"'�"'�t,�,,_ los.g reserve,anu+the reyuirrmrnt for mon�u�e insurunre ends in ucconiance with uny written ugreement between Borrower
<br /> � mrid Leridtr or mpplicable law.
<br />=f—�'�—__— 9. Ins�ecdon. Lender or its agem mc�y muke mu.onaMe em�e.u�n and in�perlion.uf thc Pmpehy. Len�fer sttaDl
<br />;.�� '� , +"�+. give Bcxrc�wer rnr�ice nt the time of or prior�a un inspe:cti�x�+pecifying rcv+imaMc cau.e for the in+pection.
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<br />:.:;=,,�, �.f 111 Co1Memlwtiop. The p►oceed�of u�} award or cluim for duntuge..Jirect ur r�m+eyuemial,io ronnection with any
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