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<br /> S. I�sard ar Pro�ety�t�+r�r�.Bomo�r�r rhdl�kMp the improvo�ar►
<br /> ---- - -� th�a Ptop�rqr i�Mmd y�tnt lo�by 4�n�M��w� �ds ieolud�d witbin 1M tirnn'esqnd�d oowrap�a�d anY oehir�Mse.nh, „
<br /> = -- - --- �- iadt��e.-�lta�33uu�-ta:�t�r�qpins inn�.7'f�iea�a s�dl ta m�i�tru�in��: .-=
<br /> - . +�nd tar ri�pKiod�tht t.Mrd�r t�quin�TM ia�wtAnw�aal�e pravldi tbr InwNrno�d►dl b aM�n�r Dnet�r ,
<br /> wi
<br /> w�eit�o LMdK'��p�rovd��11 aot b�w�on�61y wlehMila lf w�r htb to mdnWn oov�eeys d�oribd
<br /> abow�Z.�nd�myr�at l�adw's opdtln,oM�in aav�+yr m pro�o�ot I��da''a�ht�fn th�P�o�t,�►ia�oea�+d�+i�
<br /> --- 7.
<br /> �amm�ot poitota aad r�ewale�hall b��cioept�bi�to[�tKlx�nd�lull i�luae s ttandn�d mat�/r daw.
<br /> Lender�11 lu�ve th�t��ht w hold the polic�a and er��sw�l�tt L�a�der �ui t'ao, &xm�v��1t Pro+�P'd7►dw ta
<br /> `� I�aida��ll roodpTr of pid pcemium�md t+ar�val noRioa.In the eva�t ot lor,BotrO�var aM11�va pr�mpt aotic�to t,pe
<br /> inaaranoe curier aad Ir��dee�.La►da�m�y mdos proot ot lo�it not m�de P�P'�7 aY Barrower. ..
<br /> Ualas I.ander�ad BormAae�otherai�s ap�ee in�tin�,in�urmoe pivaeedr�11 be�pplied to ratoadon ort�p�ir
<br /> oi the Propert�r dun��ed,i[tha rostoradoa or ropir i�eoonomically fauibleand La�da�'s�sudty i�not le�aied.it the �
<br /> ra�oatioo or n�qir in not eoonomically tadble ar Lender's aecw�ity Mould be lara�at,the i�oe Ptriooed�eh�ll be
<br /> �ppliad to the strms secured by thie Seaurity Instrurnent,Mhethac or not than due�with�ny exoes p�id to BorroMx.If
<br /> Bo�e�oxer ahndaw tbe Pmpertir�or doee not��v�ver Nithin 3Q day��notios trom I.a�der th�t tJ�e it�uranoe arriar lu�
<br /> aKaad to rettle a cldm.tbea I der m� oolleat the in�noa procoeds.Le�►de+'may uee the�pt+noeed�w taqir or
<br /> m ad Niil
<br /> - � r+esm�e the Propaty or tfl p�y runu by thi�Seaurlty Imttumont�whether or not then dua. ff 30'd�y peri
<br /> be�in wha�the notjoe ie�iv�en.
<br /> m� Unleea Lender�ad Hoernwer otherNi�e�p+ee ie Nritin�,anJ sppiic�tioa d top�nolpal�11 aot ertand ot
<br /> �ostpone the due d�te d tho monthlY P�Ymeats retenrod w mp�apa plis 1 wd vr oh�n�e ti�a amount ot thep�ymeat�
<br /> It undec p�h 21 the Property is aoquirod by L�ader. oH r�+o�rer's ri�t to �ny ineuranaa polioia�md praoeed�
<br /> �r�ltin�inom�m�pa u�the r�»�erey prior m the aoqui:siaa.fu�tt pa.m[.na.r to th.eitens of eUe swns securod by
<br /> ___- tbis Seaurity Ine'�a�omeat immediatdypnor to the acquiadon.
<br /> 6.Oceopsacy�Pe�acr.►�tion�Msi�teu�aoo aod Ptotection ot t6e PropertY;Bon�owet'�Lwa Appliesttoa;
<br /> Leaseholds.Borruwer s0all accupy�eehbtieh,and use the Pmperty as Borrower's pri�cip�l residence Nithi»etrty daye
<br />- — after the exocutian of tlds Secocity I�trument and stull oondnue to oocupy ehe PropertY.�e Borroa'er''s princiPal
<br /> ,`� res�da►oe tor#t i��u,at ona yeu�[ter the d�te ot occup�ncy.unlees Lender othernise a�prees��wrxxin��Mhich oonsent etudl�
<br />- `� not be w�raeoaebly withheld or unlesa e�unuadn�cii+cumstanas e�iet Mhich aro beyond Bu��r�awer's oontroi.Borrower
<br />'i ahdl not deetroy.d�ma�e or impair the Property,�ItoM the Propaty to deteriarato,or oommit waste on tho Property.
<br /> =��'ria;�. &+rmMer shall be in datiult lt any torfature�etion or proceedin�,phether civi!or crimiml�is be�u►that in Lender e
<br /> �����'%T �rcud faith judQment oould emWt in forleituro ot the Pmperty or otheraise m�tarially impir the lien crated by this
<br /> ';�:� - Security Instru�r►ent or Lender'e eecurity intereet. BorroMer may curo such• de[aWt�nd roinsate. ae provjded in _
<br /> �? praara 18, by causing the acdo�� or proceedin� w be dismiseed aith a rulin� that, in l.ender's �oad taitti
<br />;:. .
<br /> �+. detwm mtion,procludes torteiture of the HomoNer•e inunst in the Property or other m�terlal imp�irment ot the lien
<br /> . • r-�i�
<br /> '� �r�;;.., created by this 3ecurity Instrument or Lender's saiurity intereet.Aorroaer sltell also be in deiault if borrower,d u�
<br /> , ,y .R�,,;.�.
<br /> r� ��,;;.,,, the lo�n �pplication prooess,�ave m�urially Glse or inaccunte intormativa or statementa to [�ender (or tailed to --
<br /> �, ' a�_tf:;: vide Lender with any maurial intormation)in connection Mith the loen e1•i:3Hmxd by the Note.inciu�in��but not .
<br /> ;Y; ' 'r+'�.'. pro
<br /> limited to,represent�tione concerning Borrower's oocup�ncy of the Pt+operty as a principal xesidence. It this 3ecurity
<br /> ; �_ •+�; :.'•., Instrument is on a le�sohald.Borcower shall comply with all tho provisinns oi tho lea�e.I��OTf�ONEf aCQU�flB fC0 t1SJQ t�
<br /> '' 's " the P the leasehold and the tae title stull not mer unlesa[,ender s to the mer r in aritin �
<br /> '+^ '��•'` 7.�Pr�oytection ot Leualer•� Ri�hts in the Proptr�y. If Borrower tail�pertorm the coveiunts and a�roemente -.
<br /> � ��•�'}�i� contained in thie Security[�r�uument,or thera ie a legal proceeding thet may s�gniticandy atfact Lander's rights in the =
<br />�,�i r;�..t4 _
<br /> Property (such as a proceedin� in benlcruptcy, prnbate� for condemnetion or torfe�turo or to enforce Isws or
<br />- r, ' �,;;`-�d;�.. � ro�ul�tions),then Lender may do ind pay for whatever ia necessAr��to protect tho value of the Propecty and Lender's ,-
<br /> - -:;.`� �. ''''�•: riQi►ts in the Property.Lender's actions may include p�ying sny s�nns sxured by a lien which has prionty over this �:
<br /> :����::: y� � Secu�ity Instrument.appear�n�in court,peying reasonable attomeys'Yxs end entaring on the Proparty to mako repaics. _
<br /> g: �;,>.�. ,.,�;.»,. . _
<br /> `�� . ��•..:•,�.;�.• Althou�h Lender may take action under this psr�Qreph 7,Lender does not have to d4 so.
<br /> '_=�e--'•'" _ My�mounts disbursecl�y La►der under this par�gnph 7 ehall beoame additional debt ot Borroaer sacurod by this =
<br /> ,:.��. .,, ,�'�'"^�'.i Security Insd�ument.Unlass�ortoaer and Lender agree to other urme ot peyment�these amounts shall bear interest _
<br /> `�`"'•:
<br /> -'`:.".�::.• trom the date oi disbursement at the Note rate and ah�ll be peyable,with interest,��n naticc�rom Lender to Borrower -
<br /> �,;-,'-� ...� _�� requastin8 P�Yment.
<br /> ' �.�t}.•���, . 8. Mort�a�o Insuraa�e.!t Lendcr required mortgage insurance as e condition ot making the loan secured by this
<br /> ;.�}','��� ,- .,_ .
<br /> ,., �«'�„ Security Instrument,Borraw�r ehall pey the premiums required to maintein the rnortgago insurance in ettect.It,for any
<br /> _ �y�'�},�1��"� rcason, the mort insurance covers e uired b Lender la or ceases to be in effe�;t, Bocrower shall the
<br /> !,., ti� . .`:. Y�B� B �1 Y P� P�Y
<br /> ! ._;Y_, . promiums requiral to obtain coversYe substentielly equivdent to the mortgage insuranco proviously in etfect,at a cost
<br /> "•`� ' ` subetantially eqnevalent to the cost to Borrower ot the mortgege insurance previously in ef[xt, trom sn alternate
<br /> ._. .;r " '� mort�a�e ineurer appruti•ed by Lender. It subetantially �quivalent mort8ege insurance coverage is not avsilablo, '
<br /> _ ;;,;;�!;;�� � �., . Borrower ahell pay to Len�ler each month a aum eqwl to one-twel[th o!thc yurly mortgage insunnoe premium being
<br /> :'"�''" � psid by Borrower when th�c insurence coverages lapsed or ceased to be in eftect.Lend�r will accept.use and rotain these
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<br />:r.;; ,�.f�:.=,- - _.'f;,�r paYments as a losa raserve in lieu o[ mortQe�e insurance. L.oss reserve paymente may no lon�er be required,
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