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<br /> � � � peripds t�t Laider�aquu�s. 'l1�r insuranoe catries pcwi�in�ffie inwrant��e shall be chosen by Sononwer subject to I.eeder�� .
<br /> . ` appmval vrhich shall�ot 6e�te�wnaWy witl�hefd. If Borrower fails to a�it�in coverage described above.Lsnder�nay.at
<br /> . gkpderk aption,obtain oovera�ee topcote�t La�der�s ri�hts in the t�tupeRY yl.acc�mianc�e with`Par+B�ph�- -
<br /> ' - - � • #1 incTw�t a�andaazd __ s cla�ue.,t.eadet- �_ _-
<br /> y�Pdicies�i' _ � ° r - --
<br /> . sha!!l�sve t6e ri�bt tn 6a�d the paticics and ienewais. If t.ender rcquices.�nower sh�il P�I�Y&�ve tn Lender ali'nceipts , T
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<br /> -- -—-�p�p�em�iiin�i�uf�� �--- -tas�.—�ei shatf gi�pr�apt aoticc-ta thc�s���•L•�••••-__ -�
<br /> -- ��.ersder. Leadtr m�y m�kc pcaaf of Lass i€t�e made pco�apUY bY Boaower.. � . � �
<br /> - Unkss Leader and Bu�mwec othecwist agree in wrisit�t.inwrance ptaceeds stu�ll be applied to�rsioration or repair of
<br /> ����if tbt[�taatian o�repairr is economicaUy fe�ble and Lender�security is not lessened if the
<br /> � Rstaation or rep�ir is not economically feacibk ar L.enckr�security would be tcssenai,the insur•mre proceeds stt�ll be= ,
<br /> . appli�d w tt�su�socured by tAis Secu�ity lamuaneat.wl�ether or not thea due.with any excess p�id to Bomnwer. If
<br /> Bomower abandos�tUe Fcopetty�o�daes mt answec withia=3f!days a naice f[om Lender that the insurance carrier haS
<br /> -= offerod to settk a claim.t��s�Cidermay,aoilect the i�uru��proc�eeds. Lender may use the proasds to tepair at resto�e . .
<br />��_ .. . -- -
<br /> __ tb�P�ppecry.4�ia pzg�secuc+e�tty dtis Secuirity'LFS�ument.whetHerar nnE then due The 30�day periad wiU begin whe�t . —
<br /> --- -- --�-- __. , — , , .
<br /> -- ` •t�rmti�c i��g+veu.:— ---_ , f slu�ll not ezteu�d or
<br /> flnless Lccbder and Btxt�owrer athecwise agree ia wcitiog„aa�ap�tica�ioa af pmcaeds to�fnci�a!
<br /> l,,�� po�io�dbe duc d�oE titctn�rtthly payments ne€en�t�i�.��t auFi�oc c6�n�cA�e amaunt ef st�payme���f ;
<br /> �j ..u�de�r�Zi.tBe Pt�F.�����`.�.�' ���:�'cQ:a�ay itt�uanoe pQFiiies a�pcoceeds r.e� ',
<br /> ,�.�;� b�am damagc to die k�ty Frior[o the x�n�.ix���:'c�r�r•6?�t[t�ie�t ef c�e scuns sec�:€�.t&i}��.:_ .
<br /> ` t4131C uisi$a�s.. .•. ., . . ,. - .� -.%.�;. . : , . .
<br /> ��I�c��P�����''e�rvitwn�Mstnte�a�.��if����tr ��.'4.�.: : ___
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<br /> --6.i ' - I.a�el�aids. BotT+or�si�ilk�pst'�estaMish,and use tE�:�����r��:�s`Qri�R,��'�s3�c��', . - --
<br /> the executiun of sbi�;�- �ent and shatl cunti�etia.�:;��;�'�Y���Pe�,,�a•.i�s�tdrak: —_
<br /> �:- • kast one yea��i^;i�:�', ��`of occup�y. anlo,�s l.endec'.atfees� �-in wr���`�ir,'i�;���s�iati'-i��kia � _
<br /> n �
<br />--�:� , unreasanably witliheHc€:�ir uakss eatanuatiag cinewnstances e x ist w bic h are b ej a p d B o m i r�N C�w�ri l�+i�:,:�8 t,4 s o w e r shali not ------�-�-
<br /> r`'', ikstmy.dannaSe or isnWv tAe P�p��Y•attaw the 1'�aperty ta deterio[ate.dr eommit waste oititf�e�: Botrower shall , _
<br /> ���. � - be ia defautt if anY f o r Peiture actioa or proe e e d i ng.w h e t h e r c i v i t o r c r i m i n a l.i s b e s u n t h a t i u L t�i t t�s"s,;iiod faith j u d g m e nt ',, ,�
<br /> � � coutd crsWt 's.n farfeituce af the Rppetry ar otherwice materially impair the lien created'6�:��Security Instrument or �,�;;�y��"_:
<br /> — - wer ma cute sucA s default and relnsr�e:as Pmvided'ut�ph-�8.by c�e�sing the actian ���s j,r.n.�:=-
<br /> f.ender�ssecutityinterasw Sarrn . Y ,�,:-_�-
<br /> or proreeding ta be dismis.sed with a ruling tha�in,l.eader's good faith determination.prectudes foifemue of the Borrowerc <;;,,,R__-_
<br /> `� inteiest in tt�e Ptopecty or other material impaimxnt of the lien c[rated by tbis Secunry lnstmmeai;or Lender's securit} ;�r'`���;`��.F;-
<br /> ,,r -.,
<br /> . ,,:��' ir�terest. Horrower shall also be in defaul[if Borrawer.dudng the loan appticarian process.Save materially fatse oE �;;a�„�n �• �s:
<br /> `�'''` inaecmate btforafadon ar statements to Lendec tar failed ta piovide Lender with any material infortnation)in connection with lj�.,f�„��.-:•
<br /> � 9 A4 _
<br /> ttsr Ic�a evidenced by the NMe.inciuding.but cat limited �a reprrsen[ations conceming Bortawerc necupancy of the --`-�:?�"�`�>-•
<br /> as a t�c residence. If this�Security tnnrumeut is.pn a iea�ehald.Bamnwer shall cwmply w71h a11 the provisions E������.-
<br />' �D� � � 9easehald and the•fee title�hall not merge unle.ss l.ender agrees - '�.�_;
<br />. ��� qf ihe.tease. If Burrower accluiiies fee tidecia tht�c�Ppetty,z�
<br /> :: �- tw ttte merger io writip& ' � � ` ,�-� • .=-
<br /> .':,,:; • '� :..:::�T. Prntectiao af Le�'s Righes ia t6e Property. if Bcrrower fails to pecfamt the covenan�s ut�d agroements = ___ :
<br /> ,•.,.} &: ���• ..__.---
<br /> � c�nfaiaed in this Security lnstrumen�or thete is a legal pruceeding that may tiigtuficantiy afiect Lendert rights in the ��Y�,�,.,-_
<br /> �� .:: propeRy(such as a proceeding in baniuuptcy.pmbate.for candemnatian ar forfeitutc or to enfarce laws ar regulatians),thcn �:,�.r',��',�
<br /> Le�der may do and pay tbr whatever is necessary to pmtect the value of tix FrapeRy a�M 1.enderF rightr•in the Praperry. •
<br /> �.� 1,enderE actions may include p�yiag any awn`secured by a lien which has priprity over thi.a Securiry Instrumeat.appeanng `r:�;�.'�`��
<br /> , . "�' in caurt.paying masonabte attamey.s'fees and entering an the Property to make repairc.Althaush Lendet may take action
<br />• wder tbis paragraph 7.�-ender does not ha��e to da so. �
<br /> � pny amounts disbursed by I.ender under this pam�pb 7.haU bewme additi�al det►t of Q�tirtawcr secured by thi� ;.,�
<br /> � Sefiurity Tn.strumen� Untesr Bormwe�and Lcnder agree to other terms of payment.theso amount�+ha116ear intcrest fram tfie •:�.,:;��• .
<br /> • ' ' ' Y ds�te_of.disbwsement at the Note a�tc and sha l l b e paya b lo.�v tt h intereti t.upc�t noti�e from l.ender to Batrower requesting '. �'_
<br /> � . .: .
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<br /> .,�. _ pa�m�. Martga�e Insuraace. If l.cnder ati�u�czd mongage incuranre�c a rnnctirian af making the loan�ecured by thia � ��
<br /> r���;;�;. -
<br /> ��•�;s;;�:� :,-�� Security insm,rr�saru:�lorrawer sh:tli pay th:�.��cium.r rcqu�red ta mai�tain the martgage inwrancc in effec�. IP.far any
<br /> � ��'�`'��+ �;' r�ason,.the mortgs�e incurnnce caveruge req•z�ed by Lender lapse� or rea.�ey ta 6e in eitecti Barro�er shap pay the
<br />�::'r'i!jj;��;'' ';•� p.;�iums mquired to abtafi caverage substamially equivaleni to thc martgage in�umnce previaucly in effcc� at a cost `
<br />�;s.�;,.!�:�1 —
<br />,;: �',,f;.:c�t sat�tantialty equivalent ta ihe co�t ta Barrow•ec of the martgage intiurance previuucty i�eifect.fram nn altemate mactgage
<br /> .S�.l�>��.�� .
<br />�,;,-Xpu�:�;t insurer approved by l.entlet. !f�ub�tantiatly,cyiuy�len�mortgage insurance cacerrge�s nM availabie.BarraKCr�hali pay ta -
<br /> �.��"t,;�,;,, ,_ . Lendct each montb a sum equal to onedwe�fih vk.li�e ycarly mortg•rge it�utancc premium being paid by Barrower whcn�he
<br /> ir�sauance coverage lupsed or ce��ed to br irr E�i�;�:l.cnder c��atF�ccept.,u'se-cnd retain Qce�e Qayments ac a tac�resene in lieu
<br /> 'rt �q ttortgage insuru�ce. l..o�-Y Ei-�sve payrni�!�:tti�y no lyr���it��re�yi�eU.a1 ihe oplioc►of Lender.if mongage in�ur.u�cc : ..
<br /> .� • ' ,. .,�,;.� . �-uor�a�ge!i�the amaunt und tocUir:pesloci tft%�t l..ender cr.�ui�i�i?�vi�d�.Kl 6y:m in�urer,ra�sgro�ed by Lender Again becames : •
<br /> �';��.,4 , . :' ', ,. 'k±i,�,i:�ble su�d is obtained.Bortow�shafl paj�ili�:,�prCmium�s.il:,�uirr�t���ntaim m�nga'�itnurunre in eifect.ar to pmvide a �'
<br /> '����`;,;:;�_ , l •'��t, ; ,. �` F.`:.:,1�s�reserve.unUl the reyuiremem Car mart�5ya:in+uramc�cRet���sc:c+�ia�7i:v«'ith any�ritten agrcemcnt betK�een BnRO��c� • ,
<br /> ' i't<, .,. ' ;` ; ., . :..',i�;f3 Lendcr ur applicablc law. , � ' . , �.: ,
<br />',.,,;;'y' � ': ,- . •, , '
<br /> ,`� ,.;�. .�; . :•.. 9. Inspectbn. Lcndet��r itti:�cnt may cnai:c rrav;�.;t.)1e cntrict'i��sc�n and intipe�:ti��nti af the Pirapert�. I.�ndcr�hall
<br /> . . -�`. ,,:;.,•"..';'�;��i rir�arrower�ottce at thc tim,:pf or prior to 3n iasp��rir�i�:�>}�r:i.�fying r�°e.cmabtc cau�c fc�r ihe intipxtion.
<br /> , •,;:f `; �` ; •,,l:f� Condea�aation. T[i�prnceed�ni uny:avdtd;�si:lt�y�p:ti�r�f.�mage�.direct arcanvcyueNial.in ronnection with any
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