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<br /> i ' periodc ltwt Leruler requirer. 71ce insutu�e ccurfcr providiog�he insurancc xhall he chmen hy Bc�m►wcr wbjcct tu Lenderk --
<br /> , . ..� npproval whkh shall aot be unrcuwnubiy withheld. If Bamwc�fuilx tu ms�intain c�wrragc drxribcd ubavc,Lrnd�.v mWy.ut
<br /> .}. m. �.. �-� Lender's uptian.ohtuin cavemge to pracct l.endcr;dghtr in�hc Pmp�rty in urcorJwirc wilh{�vaFraph 7.
<br /> All insurunce�Ucleti und renewuls�hall l�e ucceptublr to l.cixfer und xh�ll includ�e s���und•r�d m�xtg•rgc rluu�c. Lendrr �_,
<br /> , '. ti:.. � shull hswe�he righ�ta M�Id the policie�w►d r+enewulx. If Lender n�uirc+.B���mwrr+hall pn►mptly givc a►Lcn�fer all rcticipt� �.�y,�:`=::---
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<br /> • ..,,a, ,`;,'':'��":.._.. af paid premlums und rcnewul aotice.. lo Ihe evcnt uf lu��.Burrower hhall�ivc pn►mpt n�Nice to Ih�:in�ururuc csirrier su�i �,w�.;�_
<br /> �'�•� ,: ' Lende�. LNnder mAy make proof of lu.,if nut rou�k prumptl�by Burriuvcr. '=r`��----_ -
<br /> . . • ' Unle�s Lender und Bartower otherwix:ug�cc in writing.in,urunre pnxeed..hull be upplic�f to re�turutiun�x rcpair uf ��,�� `
<br /> • the Pmperty dumaged. if'the restorution ar re{wir i+ ecanamicully fca.ihl� und LenJer± ,ecuri�y ir o�x Ie�.ened. If�he �.'•������:,;>�`��:�
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<br /> ' ' , restomtion or repuir ix not econwnirully feutiible �r l.ender: ,ecurily would t+e Ir��eneJ, the in.uruixe pmcced� .hall ho 1 l�.����-��_�_,�;
<br /> --_— ' upplied�a the .r•ums cecured by this S�wuri�y Intitn►man�, whelher ur nd then due,with uny�xcc�. paid u� BoROwcr. If �:�� j�-_
<br /> •� -I ". 'r Borrower abandona the Prapeny.or d��es not un+wer within �ll duys u notic� from LcnJer thu� �hc in�urnnce currier ha. "-�;_�t"�-=v^",
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<br />�,,:•;^� �'• offcred�o�eule u cluim,then Lendrr muy c��llcct the imurance nxeed+. Lendcr mu use the nxeeJ� to n�puir or rc.u�rc ��__-�
<br />:�:.:_ . . ,�'�� the Pmpeny or to pay sum�se�ured by ihix Security tn�unx�n.whether or not then due. Thr 3lMduy pe�iai will hegin when �__.�. ,f--
<br /> thc noticc is gt���-n.
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<br />' � �,!. �;`.,r�, . �' Unless Lend�er unJ Barrower od�erwix. a�r�ee in writin�r.any ;►pntiraciun of prix:ced. �o principal �hull na cxtcnJ ur
<br /> �r_, ` -a�..'.:'.^},," � pc,��puc�e the dete date of the monlhly paym�:na n,fem:J tU in g�ragr�phs L aEUJ Z v�chan�e the umowu of Ihc puyment�. If ��,,,�:
<br /> '��'' ' under para$raph 21 �hc Pn►pehy i� s�cquired by I.c�xk:r. &x�uwer,rigAt to ar.y insur.�r puli�i��:�►xi pm�eed�rNxultinR —�-==4:,;;;;,�m,,.�:
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<br /> �:'.. ,�,.� s�,;;tit:�',�'� from damage to the Propeny prior to ihe ucyui�uiun sFull {u.ti to l.ender to tt�r rxtern of dx+um+tierw'�'c!Fry Ihi�Sr.�u�ly ;� '.�4,�.,�
<br /> "'�, ;•ti��s;,;��,,; lnstrument immediu�ely prior to�he ucyuisitiun. •�:
<br />�,' '�•�s••` .,�•,,•, 6. Occu ne � Preservatfon. Maiate�aace pad Protectwn af Ihe Properly: 8orrower a Lw�n Application: -'�;��.,;
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<br /> Leaselwlds, �mnwer shull occupy.estubli.h,ard u,e the P�n►peny a. B��n+,rwc�:prirkipal re�idence within.ixry day+•rftcr ,_,�,,,.,�.
<br /> '� ease • •
<br /> ' � •� r��'':' 1 �iee exec�+tion�e�hi�5eeurity Ins�rum�nt und.r•hall con�in�r r��xcupy tl� Pra�ny:�,Burrowrr:principal rr,iJence fe►r•rt .. .._
<br /> ' �;',i:�'��' ��'' ' � Ira,� one <<�r afle� 1he dute uf occup•rncy, unlesti La ndrr txhenvi+e agrce� in wri�ing. whicli con.ent .hall �x►t br
<br /> .'.r,`r;�.;�;�:F`;",�."' ' u�sra�ona�ht< «�ithheld,o�unle,s ex�enuutin:circumstunce.rxis�whirh nre be imd Bormwer;comrol. Borrower+hull noi ��'y��"
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<br />�k 'y�" � '+i;.''�'� desUxw,dama�e or impair the Property,ulk�w the Pmperty tt*detcrioratz.e�r commit wu�le��n thc Pn�perty. Borc�wer+huU �-�'-=�'�;._�
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<br /> . ,��r},:,. �,� , , be in deiault it'an� tic►rFei�ure actic►n ur pr�xceJing.whether rivil ur crimi��al. ir hegun th•rt in l.cnder:�.�H�1 tuith jud�,mrnt ,
<br /> - . ':�;,. F•"•�. could result in forieiwre of the Prupeny �r otherwisr mat�rrinlly im�air Ihe lien creulcd hy thix Securiry In,trument or �•.-;�,:,:;,•r
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<br /> °.� r�f f���4,�.::�"�,; Lender�security interest. Borrower muy curc+uch u defaul�and roin�tute,u�proviJed in purugruph I S,by cuu+ing thc uction �f _,_
<br /> � � ��' �'v • �� or proccedin�to be di+missed with a ruling thut, in l.cnder�r�wd 1'uith dcterminution.prec�uJc+farlcilurc uf the Burrowcr ti ,=�--`.�+�i�%�-�_�
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<br /> ,;.Y;�,�;� •. . imemst in ihe Proprny or other materiul impuirm�nt oY the lien created b�• thi, Securiry In��rumenl ur Lenderi +ecuriry s,.���.,...`�__
<br />; � ��, ' _ interest. Borruwer shall id�o lx in default if Borro�ver, during Ihe loun upplicution prcx:es�. guve mu�eriully i'uhe ur �' �;��:�;;.;���_.
<br /> inaccurate infortnntion or tita�ements io Lenc!er ior fuileJ to providr Lender with uny matcriul inf��rmution)in connection wiih i•+Z��r•ti;��d(;;�ps�;.
<br /> -- _ Ihc iu�u� c�kienc�J by� th: :+:otr. includi.^.g, hat r.nt !i►nitrd rn. renre.entutiom co�xernin� Burmwer; �xcupancy of�he .,i4,��i;;,�,�y'�
<br /> {'�ropeny+�,a p�incipul residencr. If'this 5ecuri�y lnstrumrmt i�on a le,i+nc�►Id,Rnrn�wer shull comply wi�h ul l the prow�wn+ �rr:.-;;;:�;;;
<br /> _ 01 tfie le�.,e. It'Borro�vrr�uquirez fec title to the{'�„rrm•,the leauhold and thc 1'ce title�hall nnt nkrge unlcw�LenJer agreex �s�`�ii.�;;'t�;';_`_�_
<br /> •, ' ;i� to the merger in writing. ��'�•"`''''�'" -'�=:
<br /> � •!°� � 7. ProtecUon of l.ender's Ri�hts in the Propert}�. If Botro��cr fails to �+crti�mi �hc ro�•enunt�unJ ugrecmrnts .�r.}r ' y
<br /> ::-i�'"� + � .'.:.,p mntuined in this 5ecurity Ina�rumem. or there i+ u Icg.�l pnxcediug �hat muy +ipniticanUy uffert Lcnder:right, in the • s.�."
<br /> ` Propeny 1 such u.ti u puwecding in bunkn�ptcy,prnh:►1.,for c�mdtmnutiun ar f'orfeiturc ur�n rnti►rcr luw+or regulutioml.Ih�n ;; .r���..:_,
<br /> . � , Lendcr muy dc>und puy for whatever i�nece„ary�a pri,teri th� valur ui'Ihc Proprrly und Lender: nghl+�n ihe Pn��xny. ` ��.,,14_:-
<br /> ;. � Lender.uciianti muy inrludr puying any.wn.�erured b�•a li�n w hir h ha,prioriry�wcr Ihi,Sccuriry Iro�lrumenl.appeunng , ,�::..��'.-_
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<br /> • • in coun,puying rcu+nnunlc auornry�'fec.anJ rm�ring nn�hr Praprny tu mukc rcp:iirti.Allhou�h Lender muy tabe •rc�i�Ht �..;t;}r
<br />� ' under this parugruph 7.Lrndcr d�x�nnt huvc�o do.u. ti"" �
<br /> . ,�'"�{Y.'
<br /> . ' . Any umounh di.bur.rJ by l.rnJcr undcr thi. puragruph 7 �hull Ixrume uJditionul dcM uf Bom►wcr �ccured by thi� �y!�•�'----
<br /> �'' Securily In+lrunxnl. Unle++Burrowrr unJ LcnJrr agree tu othrr tcrni.��(paymrnt.thr.c amuunt.+hull txur interc,�1'rum thr �.•.�-��.•,•`�'.'
<br /> � , �:; �; Jute uf Ji,hurtiemcnt at thc Nutr r•rtr anJ .hall Ix puynhlc.wi�h imcre��. u�xm n�Hiu trom Lcnder ro Burrower reyuc��ing �,_:_ �
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<br /> t i � � , •� �uy$n�• Mort�u�e Insurance. If L�ndrr rcyuircJ murl�age inwrancc a�a c�mdi�is+n of makin�thc loan \l'l'U(t'.lI IlY Illlti r
<br /> � �� � . . ' Securiiy Instrument. Botrowcr +hall pa)• Ihr premium. rryuircd tn inaimuin ihr mortgagr imurunce in clfeci. It'. for uny ¢.^, �-�-
<br /> ., . � ' '.;` , ''!' '� rcuson. the m�utgage imurancr ruvcr.�gr reyuind hy Lender I:�pYC, nr cra�cti lo ix in �i'fect. Norruwc� •hull pvy the
<br /> , ';. ��_�t;.;="' } ' . .:�-.��,, .. ' premiumx reyuired to uMain rovrr�ge .ub�luntially �qui�•al�nt to�he mongagr inxurance prrviausl�� in rl'fect. ut a co.t .. ,.: �"--
<br /> . sufistantiully equivalcnl to Ihe cotil Io F3otri�wer ol the mungagr in�un�ncc pn viuusl}• in eticct. frnm��n uUematc mu�lguj:o r,;� , ,.�a._.
<br /> , •' in+umrappnweJ h� Lcndcr. If sub�tunliaUy ryuiviilrm rnnng:ige in+urancr ru�•cragc i�not ar�ilahle.B�,rn��ver,hall pay to tii,-::n` ,_-- -
<br /> � � . Lendcrcuch m��mh u,um cqu:�l�n one-twrltih„i�hc�r:�rl}�morlga�r in.uruncc prcmium IxinE paid hy BorTi�wer when thc :' .Ji:,''. '_
<br /> - ' , - in�urunce covrrnEc lap.cd ar cca.ed io t+r in�frer�. L�ndcr a ill arcep�.uu und re�ain ihe,r pa�•mcm.u�a lo..re,rrve in licu „}:,
<br /> ., ,,.:, ��f m�xtg•rge imurancc. Lo.. resrrve p;n-mem, may nu lon�:.r tk rryuirrd. +�� the�+pti�n uF Lrtxler,it'mnnEage in,urunrc . :— _
<br /> � .� coveraFe lin Ihc amuunt and fnr thc�riad th:u Lcndrr reyuirr.l proviik�l Iw:n►m.urrrappn�vrd N��I.cn�hr a�•rin t+eromc. , --,�;
<br /> j • . .. availuble;uid i,obrrincJ.B��rri�urr+hall p:�}th�premiur�i�requirrJ tu mainiain nu�rt�ag�in.ur:mre�n rfl'crt.�K�o proviJc u � .
<br /> � lo,.rewrve.until Ihe rcyuircmenl tiir mort�a�:r imurunr�rnd.in:irr�,rdanrc�vi�h iuiy �tiriurn:�grernunt Ixtwccn Rurn���rr �•
<br /> ;';;�::, unJ LrnJrr ur:ipplirahlc lu�v.
<br />.. „��•'; . �. 9. Inspeclion. l.cnJcr ur it.agent iaray maMr rca.unaMe ralrir.u�,n nnd im�xciium uf Ihe Pru�xrty. Lendrr�hall I�r
<br /> . , .��i•,;.F; Eivc Burruarr�N��irc al�hc�im�uf��r prwr u�:�n m•�kruun��xcil'�in�rc�nona4�le c:w+e lur thr in,�krliun.
<br /> � � . 10. CondemnetH�n. Thc pr�x.►J+��I'.im :i«:ird�•r rl:�im I��r dam:i�:,..iinct „r :�m.�yucntial.in runncc�ion�vith uny :' .
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<br /> :1;����;.�Y � �.n�.n I.�n Hu•u�•t��m.Irx.■ �.'i;I�;
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