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<br /> . p�rioa.dw UadK nqu+�.. 'Iti+i�nr�no�r�ni�r p�cvid�iM{th.faw�aot.iMu!a aho�a►by 6arow�r p��o l...a�rr
<br /> �ppowwat�ici��Wl�ot-6awwMOriiy wW�Yid. 1f aan�wc GiW 1a.mRinWn oova�d�cribod�br,w.ta�d�r p�ri+�t � .
<br /> ' L��derti option.obt�ls top�cMct L�nderY�In ihe�ty ia�oaonl�noe wid�p�raptpi�7.
<br /> Aq i�r�noe palicie��i�aoew�4 aiwU 6e�aoepnWe{o rtd dtAll tuclude�qaadad mo�t�e eUu�r. t.e�d�'
<br /> �II bave the ri�ht w hdd tlie poflcia u�d rooew�. U l.adar�equi�.Bon�o��!1 pto�nptlY dva w La�Aer YI reoeipt�
<br /> d pdd praniunW iqd renewal mMba, �tbe avant of loa,BoKOwer tlWl siva prompt mtloe so�M tawnnoe cir�ler and
<br /> iw�der. La�der euy mdce p+oof of taq!t'not m�d�P'anpUy bY Barower.
<br /> Unlee.,l.n�der�nd Barawer otibrwl�e apee in wtitins,inwranoepooe���hall be applied w naua�atlar ar repdr ot
<br /> da !f tbe �totatlon ar repdr i� aoonomically [auibla aad I.enderti�ecurlty U nat lewenod. U the
<br /> �t�or r is not oca�antcally feuibla a Laderti,�ecurity would 6e leu�ed�the inwnace pa�eed�vWl be
<br /> •,pplied to the suau sa�rod by tbis Sxurity In�aumad. whett�r or na then dua, wlth�ny excc�s p�id w Bonowar. 1P
<br /> Barow�er�bmdona the P�ope�ty�or doas not�mwer wlthin 30 d�ys�nottce from Lander thu Ilte inwra�oe cyrier hu
<br /> offaed�u seple q cl�ir�.then Lender may ooUect 1ho insur�nce pro�eedo. Lander m�y usa the pmceadQ w rep�ir or rawre
<br /> d�Pbope�ty or to p�y wma�ecv�nd by duia Socurity inWurnent,whather or tat Ibo�due. 7Le 30�d�y period will beain when
<br /> die naicc I.v given.
<br /> Unlese I.eider aad Hanow�er otbetwi�e e�nee in wrltlag,+�ny licNion of procoods w priacipl alull nw ex�end or
<br /> paatpor�p�he dur,due of the rnonthly WYments�efe�d to in pwa�1 uid 2 ar clw�ge tho ana�nt of tho paymenw. If
<br /> under pr�r�gr+q�h 21 Ibe Ptopeuy ia �uired by Lcndcr,Barowark daht to any insu�mx pdicies and p��ocoeds rosuking
<br /> from dwo�ge to td�o Propeiiv pia w thse aoqui�itioa olull pius w I.ender w tbe ex�ent of�be swa:secu�ed by thi�Security
<br /> Inoaument immediuely prior m the tior�.
<br /> 6�. oecnp�� kreser..tloa,��R�a.i.hn�aoe aNd rraecNoe ot ene Properil: HornoWer'� I.o� Appl�flon:
<br /> ' I.easeh�uNls. Botrpr�r shaU occupy.atablish.u�0 use die P�operty as Borrowcr�ptincip�l residence wlthit�sixty dAya�fter
<br /> the enecution of tAis Secusity Insuumrnt and aintlt camiueee!o accupy 1he Hvperly aH Romower:c prlaciN+1 renidenc+a fat at
<br /> least ane year after die dote of oa�upancy. unless I.er�der Mt�erwis� �8� in writIag, which co�sent shall �rot be
<br /> ' unreasonably withheW,or ualess eR����uuing circumstanccs exi�t whjch a�e beyand Ro�w-er�coatrol. Bmrower s4�ail:not
<br /> ' deslnay.damage or iunp�ir the Pt�►�erty,aUow tha Propetty m deutiwatc,ar canmit waste on the Prope�¢y. borrower shal!
<br /> be in default if ony Por���e �ction orprnaeding.whethercivil or crimmul, is begun ihet ln l.ender�good fA1tt�judgment
<br /> could rewlt in forfeiture of the Property or otherwise materially impair eJ�e lien creAted by thia Security Instr+a'raent or
<br /> l.enderls security�nteRSt Boiraw•e�mwy cwe such a defwult and reinsuue.as providod in pare 18,by cAUSmg the s��.ion
<br /> or proceeding to be dismissal wath a Nling that,in Lender's gaod faith determination,pr�eclu es forfelpuo of tho BorQO�verS�
<br /> interest in 1he Property or other niataial impairtnent of the lien cr�eated by this Secwity lnspument or L.enderti si�cu�dty
<br /> interesG Bomower slwll also be ln default if Barower,during the loaa ApplicAtion process, gove materially fuDse or
<br /> inaccurate info�on or sutemer�ts W L.ender(or failed to provide L.ender wayh any materiel infomiation)in connecHoo with
<br /> the loan evide�ced by the Note.nnduding. but na limited to,representatiivns FwKxmi�g eorrower�s occupancy af�the
<br /> Property oa a principal nesidence_ l��thia Sxuriry Instrument is on a leasehold.Barrawer shall comply with all die proyisians
<br /> of 1he lease. If Borrower acquires fee�tle to the Propetty,the ieus$hold ard the fpe dtle shaU not merge uMess i.ender•agrees
<br /> w the merger in writLig.
<br /> 7. Protectbn ot I.ender's Ri�hts lo the Property. If Borrower fails to perform the covenents and agrxments
<br /> contafned in this Securiry Inat[ument,or fiere is a legal proceeding that mey signiticantly efFect Lender�a rights in the
<br /> Property(such as a proceeding in bankmptcy,probate,for condemnation or forfeiturc or to enforce laws or regulstions),then
<br /> Lender may do and pay for whatevar fe nocessury to !xotect thc value of the Property and Lender§rights iri tho Prapeny.
<br /> Lender�s acttons may include paying eny sums securcd by a licn which has pr�orlty over this Security InRaument,oppearing
<br /> in court,paying�zuxonable attorneys'fees and entering on�he Property w make repairs. Although Lender may teke action
<br /> under thia paragraph 7,l.endcr does not heve to do so.
<br /> Any amou�ts disbursed 6y I.ender under�his parageaph 7 shall become addidonel debt of Borrower secu�+ed by Ihis
<br /> Security Instrument. Unlcss Borrower u�d Lcnder agree to other terms of payment.thesc amounts shall bear intercst from the
<br /> dote of disbursement at thc Nae rate nd shall be payable,with intcr�est,upon notice fiom Lendcr to Borrower aqueating
<br /> paymen�.
<br /> 8. Mortgage Insurw�ee. If Lrnder requined mortsage insurance as a condition ot making the loan secured by this
<br /> Securiry Insuumem,Borrower sha11•pey the prcmiums required to maintain the mortgage insurance in effect. If,for Any
<br /> reasop, the mortgage insurance coverege required by I..ender lapsea or ceases to be in eft'ect, Bomowor shall pay tha
<br /> premiums required �o o�tain coverage substanUally equivalent [o the rnortgage insurance previously in effect, at a cast
<br /> sub4tan�iaNy equivulent ta the cosi to Borrower of the mongage insurance pneviously in effect.from an altemate mottguge
<br /> insurer npproved by Lender. 1(substantially equivalent mortguge insurance coverage is not available.Borrower shup pay to
<br /> Lender each month a sum equ�l to ane•twelfth of Ihe yearly mortgage insurance premium being paid by Borrower when the
<br /> insurance coverage lapsed or cea.�ed to be in effect. Lender will accept,use and retnin these pt�yments as a loss reserve in lieu
<br /> of mortguge insurance. Loss reserve payments may no longer be required, nt the option of lxnder. lf mongage insurance
<br /> coverage(in the amount and for the perial that Lender requires)provided by on insurer nppraved by Lender again becomes
<br /> available and is obtc►ined.Borrow•er shall pay the premiums required to maintain mortgnge insutance in effect,or to pravide a
<br /> loss reserve.until the requirement for mortgage inaurance ends in accordonce wilh ony wriuen egreement between Borrower
<br /> and Lender or npplicable Issw.
<br /> 9. Inspection. l.ender or i�s ngent may make reasonable entries upon and inspections of the Property. Lender shall
<br /> give Bomower noti�e At the time of or prior to an inspection xpecifying rensonnble cnuse for the inspection.
<br /> 10. Condewaatlon. The proceeds of any uwurd or claim for dumages.direct or consequential, in connection with nny
<br /> SUgk Fami{y-•Foenk M�e/FYtddM Nlae UIVIFURM INSTRUMENT--Unitorm Covenams 9/90 (puge 3 njA pagtsl
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