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<br /> p�iod�drt t�aaear�quaa. The irou�aoa cu�p�nv{�ipa tb inwr�noe�IWI ba cbo«o by Bpnowe�wbjea ta Lena.rti
<br />- - _ ��!!�l�d1�nt M w�rrr�iy�vidield. if Hoaowar Giiia to��aiu cavora$e dricribed ibor�.I.ender et'�yr�at .
<br /> � Lw�d�rti optioe,a6Wa ow�r�e to paea LeuderY a�in a�e in.QOExd.noe with prynpb 7.
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<br /> All huur�noe policia u�d ieaalv�ls�li be a o o q�t a b la w �nd�hall�nclude s q�ndrd a4a�t�a�o clw�o. Leidet
<br /> �II hNVe the rl�ht to hold�he polk�a and n�awal�. �e Lender roquiroi�Aorrower�hdl P'�'�P�Y�ve to Lendar aU reoelpb
<br /> ot pW prcatiums�atd tennwd nalloa. In tUe evem of bu,Barower�lull�ivo pnompt notioe to da i�wua�os carrkr wd
<br /> Lender. Laidcr may m�ke proof of law it nd made P�M�Y by Ba�mwer.
<br /> Uaksa Lendcr and Bomowerr aherwi�s�aroe in wridng,ine�uanoe shdl be�pplied w�wration or�ir oP
<br /> �Prope�ty du�ad. iP tlw �estorndon or npair is eoonamicdly fe�bb�ad Lendcr9�acurity i�not le�oned. V�ho
<br /> ion ar is not occaanicdly fe�uibb or i.eodark �aa�ity would be les�enod,tMo incuwr�co procood��II be
<br /> �pplied to the wau�ecurod by this Smcu�ity Insnurnenti whether or aot tha�duc. wlth�ny exa�a p�id W Batmwer. If
<br /> Borrowet+�b�Mo�u the Prope�ty.or doei not�nswer within 30 d�yt�notioe from Lender th�t 1he inwnurco cutier hiu
<br /> of�'erod to aeple s c1�im.then Lender maq coUoct the in�w�ncn proceeda. l.andcr muy u�c the pmceeds w re�tr ur�
<br /> tho Property a to pay�wmt�ecwnd by thi�Security 1�strument.wi�ther or not then due. T4e 30�d�y period w�U be�in when
<br /> tho notfce ta given.
<br /> Unless Le�cter uid Botmwer othewrise�gnee in writin�.�ay qiplicadoa of pracoeds w priocipd aiWl not e�e�ead ar
<br /> P��P��due d�te of the monthlY P�Y�Ns�efemed to in pu�gr�pF�c 1�od 2 or chanRe the�atoa►t of the pay�aaw�. lf
<br /> wKkr puagraph 21 tl�e ProP�nY�+�1�69 l.�der.Bortower��ight ro aay mawanoe po�ie��ad pno�e�.raw�ng
<br /> from dnmRga to the Pt�ope�ty prior to�he iccNnitioa s1uiU pu4 m l.eadex w We�tent of d�e waaa aecw+ed by rk�ix Seao�ity
<br /> InurumeM imnedi�uely prior w the aequisicioo. .
<br /> 6. Oeeopwac� P�tbw, M�NNe�nce And Protectios at the Propatyi �n�''s I.a�w A'N�aqiaai
<br /> I,wehold�. Borrower�ull occupy.es�bl3xh,�nd use the Pmperty as Barrowa'�prLicipd nesidena wltdltl� days dtKr
<br /> ----_= ehe ezxtnian of thle Securiry Instrumerat�nd rhaii c�rtimus m�py the Pmrerty a�Borrowur x priacip�l�far�t
<br /> least onc yeu afta the dxte of oocupancy, unlcss Lender othenviso �g�exs in wridng. which coaseint shAll not be
<br /> unneasonably withheld.or unleaa eztenwting circum�t�nces exist which are beyand Bor�owerk caad�ol. Baro�er�aU not
<br /> destroy,danwge or impair the Prope�ty.allow the Property w deteRorate,ar commit waste o�the Prope�ty. t3�arrower shall
<br /> be in default iP any forfeinu�e�on a proceeding,w6edier civil or crlmin�l.i�be�un that in l.ende{h good fiiith judgmant
<br />- could rcsult in forFeiwn of the P�oparty or otherwise materially Lnpafr the lien c�eated by thia Seeurlty Inrctrumait a
<br />- - _ l.ender's secwiry ir►tercs� Botrower may cu�+e auch a default u�d minstate.ns provided in pvagrap.'k!8.bY��►�tde actia�e -
<br /> .:"°�'�=:--. or procading to ba dismissed with a�uUng th�t.in L.ender�s good faith determination�p�cludes�'axtertwc of the Bartowerk
<br />'�'.�"�%r'���7:>� interest in the Pnepnty or other matedel imp�icment of the Iten crcated by this Security inatihimarw�a�.eader�i aecurity
<br /> `'_ �� ` _ inteiest. Bortowar shall nlsa 6e in default if Bomower. du�ing the toan applicatfote prooess, gave mutar.inlly fal�e or
<br /> - inaccurate informedon or statements to L.endcr(ar faited to provide Lender with any rn�terlal infannadon)ia connectlon with
<br /> " !he low�evidenced by the Nou. including,but not limited to,representetions concerning 8a�rrrqwar�s oocupancy of the
<br /> - Property�s a prL�cipW�+esidence. If this Security Tnstrument is on a leasehold�Hwmwer sh�li anmply wlth nll the pmv�iau
<br /> of the lease. If Bamwcr aoquiros fee ride ta die Property,the leasehold and the fee titk siull not mer�e unless�.eoda agroes
<br />- to the merger in writing.
<br /> �r� 7. Protectbn ot l�cader'a Ri�hf�in Ibe Pr�pert�a If Borrower fails to perFom� thc covenants and agroema�ts
<br /> �,� contained in lhis Secudty Inswment, or the�e js a legal proceed'ang that may signiFcendy uffect Lenderh rights in the
<br /> •ri:: Property(such as a procading in ba�.�reaptcy,probate.for candemaadon or forfeiture or to enforce laws or�gulations),then
<br /> �''� Lender may do and pay for whatever is neceuary w protect thc valuc of the Propeny nnd Lender's rights in the P�peRy.
<br /> :�� � Lender's actions may include paying any sums secu�d by a lien which has prioriry aver this Security Insaument,appe�uing
<br /> ' 'y��y in court,paying reasonnble attorneys'fees and enteri�g on the Property to malco repairs.Although Lender may wlce aetlon
<br /> under this parograph 7,Lender dces not have to do so.
<br />` Any amaunts disbursed by Lender under thia paragraph 7 shall bocome additionsl debt of Borrower secured by U�is
<br /> — ° � Security lnsuument. Unless Bomower umd L.ender agrce to other tcrms of payment.these amounis shall bear Intercst from the
<br />_ date of disbursement nt the Note rate and shdl bc payable,with intercst.upon notice from Lendcr to Borrower rcquesting
<br /> PaYmen�
<br /> 8. Mo�igage Insurance. If Lender rcquored mortgage insurance ns a condition vF inaking the loan secu►ed by this
<br />. Secudty Insuument,Borrower shnll pay�he premiums roquired to maintain the mortgage insurence in effect. If,for any
<br /> _ ,. ren.wn, the mortgage insurance coverage requjred by I.ender lapses or ceuses to be in effect, Bomower shall pay the
<br /> � ' premiums mquired to obtain coverage subsunaally equivnlen[to the mortgage insurance previously in effxt, ut A cost
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<br /> '•�s '�:t;��;>���s, substantial9y equivelenc to the cnst to Borrower of 1he mortga�e insurunce previously in aifPCt,from nn altemate mortgage
<br /> �i.�';`=^ { '3'*���� ' insurer a roved b Lender. If substantiall uivalent mon a e insurance covera e is nat uvailable,8orrower shall a to -
<br /> a tf:.: ,c;� � PP Y Ye9 B 8 F P Y
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<br /> . r;F.},yr,;�, ��4�i , � Lender euch month a sum equal to one-twelflh of the yearly mongage insurunce prerniurn being paid by Borrower when the
<br />_ •� �' �.L��r;;! � insurance covetage lapsed or ceased to he in eftect. Lender will uccept,use and retuin�hese payments as a loss rcserve in lieu
<br /> ,r:;:•,.�f . of mor+tg�ee insurance. Loss reserve pAyments rnay no longer be required,at the opion of Lender,if mortgage insurance
<br /> �,:��. �
<br /> 1�f,.,t, i coverage(in the amount end for the period that l..ender requires)provided by un insurer approved by Lender again becomes
<br /> �,�,.,� �''t' 'i,�;� available and is obtained.Borrower sfia11 pay the premiums nequired to mninlAin mortgage insurnnce in effect,or to provide a
<br /> ,.,., �
<br /> ;s ��. ' loss reserve,until the requiremenl for mongage i�surnnce ends in accordance wi�h any wri�ten Agreement between Borrower "
<br />-:�� ,U.:�p�fi••;;'�� i and Lender orapplicnble law.
<br /> '. �3c�� s;,;�;;1�� i 9. Inspection. i.ender or its agent may make reasonuble entries upon:uid inspections of the Property. Lender shall -
<br />•�� �� ':f.'��? give Bortower notice at the time of or prior to an inspection specifying reasonuble cau,e for the inspection.
<br /> .tic�.. ��t:.;:.; .
<br /> �:,,a,�__;�,��y;�: � � 10. Condemnotion. The proceeds of any aword or cluim for dwnuges,direct or constc�uential,in connection with any
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