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<br /> � '�wr�. '1'Mk irwn�.idl be� � tM....rr w br�4.�ied tdt l.s�der r�iiw. pa�irb•d�s. : _
<br /> Mw,{�e Idl 1�p�0�ra0a�lt o�die Propdt�.w�YetMer eow�in O�ciMe�O�ot.�ub�lM�f!'������Aoalr b 16r alep�l .
<br /> roqwind by die,�ae��y.Ad itwr�aoe drll b arrie��vith doanpNnip N�pnw+ed bp Lavder.Tbe Grunooa potld��od aoy� . :•
<br /> , . �wds�hafl be hesd by I.and�t aad�IWI Iac�ude ba p�ya�tiie cWwes lu fi�var af.�ad 1a�form�apqibie to.I.adsr.
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<br /> In tbe evau of faw.Bortowar�1[ alve l�ler lmmedl�e aatioe by mwil. l.,axlec aa�y uwks pcaof of las it Aot m�de 1:
<br /> 1�M�Y bY Bamw�er. Bach hu�r�noa oom�ny�ooacsrnbd i�1�qlrby au�otl�ed and dlraooed to atroe payiaorot ta.wc6 io�s �
<br /> dhao�ly a L�ader.inqead of t�►Hotiowe��od oo I�eoder jointly. All or any p�t ot tbe insur�noe proaeplt aq�y be�ppli�d by ..
<br /> , l.onder.at iu oplon,dtfKr(a)to the re�ti�of the indeMednea uader the Nate and tdi�Sxudty lasttuavait.Rnt�o�ny ,
<br /> deUnque�t�mounp applied in the o�sr ln p�r�gniph 3�a�d tba►to prop�yment of priacipd.or(b)w the ra�tanRloa ar rop�ir
<br /> o/t�o d�m�god Propo�ty. My�ppNauion of t4e prooeeda ta tho prinaip�l ah�ll nM exteM or poatpoua the duo d�te of the
<br /> , :1►CO�Itb1Y WY�s which�nc refoired to in pu�i�ph 2.or cfun�e tho iunouM of cuch p�ymatt�.Any ettca�inaranoe pmoeod�
<br /> , �. • :over,pn amount nquirod to pay al�out�tindlnQ iadebtodcaa uader tho Nota and tbi�SWCUri�Y 1nR�ument ib�U be p�W to ihe .
<br /> '. ��Y�Y eatitlqd thwnta..� , � . , , .
<br /> Ia tho evem of fo�clo�ia of.thi� 5ecudty Luwment or ott�er tr�fer of tille to tLe t�+nperty tiat.exlingdf�Ye�the
<br /> �.a{6 tl�ht.tiUe and,iut�at.of;BRmnwer in and to inwranoe polioles In fotqo�pats W t6e p�t+duttbr..'
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<br />_:.-.--� -- 5. Oop��. �x�, �vis�inde�ce a�i �ratedfon a�,#iw �`Saperiy: Borcawes'e Lam ��
<br /> �cASeholds. �ocrower sEp�!!�upy.esiabl�ah.iud use tAe Pmperty as AatratVcr+s princlpnl realdaK'x w(thin sixty dayr Afte�
<br /> the g*avNon oi thls Securiq+�istrume�wad ahall continue ta oxupy the Ihnperiy as Barrower'a principal msidenoe for�t lea�t
<br /> -_ , ona year yRer the date of oocu�r,unle9s 1he Sec�dary determines�his requirement wlll c�use w�dpe handahip for Borrowu�.
<br /> - ':. ar unle� eutetwat'rng cinanata�c� e�i which Are beyand Hono�r's control. Borrower-�hAli�potify Le� of qny .
<br />-.:�:, �•'excemwting circum.eiances.Borrower stWl rac commit waste or destru�r..�e ar�uba�antlally chanS4 the P�qpprty or allow ,
<br /> --- • tik; ;P.ropttty w ck(arlorate, reasoiwble wpu and tear eacepted.Lende.r ndy i��spect 1bo PropeAy if the P�+aQerty in'vaaqt dr ;
<br /> _ _ ,. 'nbuncJoned or 19�e yoan is In default. Lender may take n�coneble action w protoc,�t �oi�d Preserve such.vec�t or�Iwndoned
<br /> __ . ,�'raperty.Hurirower shall also be in default if Sorrower�during the loan application process.gave tnater�dly filte or i�wocurate
<br /> � '' ' � ' if�P�rnwtion or st�tements to Lender(or falled to provlde Lender with any mAteriAl inforn�rtioaa'ib connection wlth the loan
<br /> • avidenced by the Note. including, but not limlted to. nepresentetfans oa�oernfog Bor�ower's oaa�pAncy of the Property�a
<br /> '=' _ principal residem. If t6is Savrity Instruman is on a lsasehold, Borrower sholl ccwnQly wlth the pmvi�ai�as nf ll�:Ic+•�e. If
<br /> -'-- �� ' Bo•rrower acquirc�fee dNe to ihe Property.the la�ehold and fee tltle slwll not be me�ed unless i.ender aaroeo w the�er ip
<br /> ,- � writing.
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<br />-`;l;�;,1 6. Charges to 9orrower And Protectioa of I.ende�'s RlQhfs in 1�e Prope�ty. Bonower sha;W pay all governmemal,or
<br /> •- �,• mu�icipal cho�ges, fines and impositions tha� are not included in parngraph 2. Hormwer shell pup ehese obli�ations on ti�a.
<br /> di�ertly to the entity which is owed the payment.If feilure to pay would adversely affect l.ender's interest in tha Pcm�erty.upon
<br /> � � .. :`' ;, Lender's request 8armwer shall prompdy fumish to Lcnder r�eceipts evidencing these payments.
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<br /> �'' � If Borrower fails to make these payments or the puyments roquirad by p3ragraph 2.or fails to petform any otl�cr covenanta
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<br /> � .;�., �;,,:;_ l.,. and Agreements contained in this Security[nstrument,or there is a legal prviceoding that rtwy sig�it`r�astly offect Lencler'a ri�hta
<br /> �• H•= -- in the Woperty(such as a procceding in bankruptcy,for condemnetinn or to cnforce laws or regula�ions),then Lender may do
<br /> ,:u�}.�......,.. : .. .
<br /> , ��,�,_;.. . . � and pay whatever is necessary to protect the v�lue of the Property nnd Lender's rights in the Propeny. including payment of
<br /> �; �, . taxes,hazard insurance and other items mentfoned in purngrAph 2.
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<br /> �� • ' Any amounts disbursed by l.ender under thia ps►rogruph shall brcume an udditional debt od'�.�rrower and be securod by
<br /> , '. • this Security Instrument. These amounts shAll beur intcrest fmm the date af disbursement,at the Note rate,and at the option of
<br /> •• . � � I.ender,shall be immediately due and payable.
<br /> _�,;.
<br /> ' • ' ,Y;s 7. Coqdemnadon. The proceeds of uny award or cluim for damage�, direct or consequentittl. in rnnnoction with any
<br /> , 4,^�� . , . � :,,�.�.. condemnation or.�her taking of any pnrt of the Pmpeny,or for rnnveyaaTice in place of cundemnutiars,are he►eby assigned u�d
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<br /> � - .,-�t.,!'�r�: .. "�}�� shall be paid to L.cnder to the extent of the full Um�wnt of the indebtednevr;�hu1 rertu►im unpuid under Ihe Note and this Security
<br /> .. i:,' �'• ��nd���•• •'.�� Instrument. I.ender shall upply such prciceeds to thc reduc�ion of�he indebtedness under the Note and this Sesurity lnstrument,
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<br /> ' � ,�,+ application of t?�e proceads [o the principal shull n�t extenJ or pustpone the Jue dute ot'the rnonthly payments. which are
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