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<br /> VKiod�IIMt i�t�rder trquir�. 7tie Wur�a ca�ti0r pRwWu�dM WM�r�Oe iMdl b�CMfIM by 9ofroMef wl�Ct b I+�d�rti
<br /> ,r�.�v:i�R+kb xhstl aat Da t�zrrfiwns�3y�ttf�t0. U l3ar.s�l�ts m�eqvet��e�ex+�bed�bc+►e.l�s+irr�Y,+r
<br /> I.rsdart aption,obt�in t�o palect i.atdorl��hts ia theP�op�t io a000rd�hoe rvkh p�rynpb 7. �
<br /> Afl ie�uneco policie��raiewab ibdl be aooepta6le w l.Mder y�nd�Ml1 fociude�Mudnd mortp�e d�we. l�er�der '
<br /> Na�l hre the�ijht to hold d�o po�licies�nd',�aiew�. U Lender ro9�i�a.Barrow�e+tIW1 P�'o�t�Y�ive to L.a�r�II rooelpM�
<br /> dpda pnm�aad e�aKwal notioes. In the evant ot lo�s.Banowet�lWI jive prampt aotioe q�e ioMr�a��o arrix s�d ,
<br /> l.,p�der. l.aid�er m�y mal�e proof of loss!f na m�de panqlY bY Aa�ea►'�.
<br /> Unte'ss Le�der and Bon�nvrcr odtct�viac�coa in writin=.in!uirancepruc�ehdl be�p�lied to n�toeatioa ar�rp�ir of
<br /> tbe n�t dtle�ed.if dro �asoo�tioo or rop�ir it eoawmically [atibie and l.endati�eauity b not kaaned. U die
<br />: natondon yar rep�ir b aat eoonomieaUy twtibb or Lader��ecurity wadd 6e kaated.the �pocaabt shdl6e
<br /> appliod to tbe aums�aaued by tbie Socuriqr Inaa�umau,wbetha or nat d�en due.wUh�ny exoas p�id w Barower. If
<br /> Hornowa�b�ndo�tUe Propaty.ar doa oot�w�er wi�hlin 30 days a notke ftooa l.eader d�at�he i�ce a�nior ha�
<br /> offerod w eeple a claim.then l�da nuy oolkct tbe inauraooe pocadR- L.axkr may use the p0000d�wte�u a�re�o�e
<br /> the�P�ty or W p�y wQU secur+ed by ddt Security Inrtnroneut.wbed�er ar oot dKa dLe. 1Ue 30�day perbd wW Eegin wlKa
<br /> the is�iven.
<br /> Unkss Leader and Boriowu othawise a�reo in writing.p�ic�ioa of prooeeda to pdoclpl sha!!aot cxtead a
<br /> post�ooe tde due d�e d tk monlhlY paYmq►u refprod to in 1 ard 2 or ch�o�o ttrc aato�uit of the poya�eats. It
<br /> wider P�ragraph 21 the Pmpetty ls ac�quLed by L.ericler.Iiottowu�ri�ht to�ny insunooe poltcies and P�ocaed�raultin�
<br /> fmm d�wge to the p►npetty prior to the aoquisitioa�l�all pats to Lender to tbe eatau of tbe wms�ecurod by thi� Senuity
<br /> lmonuneat immodi�Delypcior to dto�q u[sitlon.
<br /> f. OccapwocX �re�vaUo�, lllai�oe a�d ProkcNw of tre Pr�opeety; Bon�ower*� l.o�u AppliWiori
<br /> I.eastioWs. Bon�ower stuU occupy,esnbtish.ond use the Pwperty as Borrowak princjpW rcaidence wlthin,�tty dayt aRer
<br /> ti�CrecuUa�of tbis Sct�uity Inst�mjcnt ssad sha!!continua to axvpy tht Fcoperty as Bo:rotirer�s pribcips!nai�a for at
<br /> le�st ono yeu after the date of oocupu�cy. unless L.ender oU�etw�se agtees in writing, wbich ooasau sb�U not be
<br /> un�caconably wi�hheld,or unless extenwti�+g circumuancea esiat which ane beyond Barowerk cantrol. Bortower ahdl not
<br /> deatr�oy.damage or impair the Property.dlow the Prope�ty to deteriorate.or commit wagte on the A+npetty. Borrower ehall
<br /> be in defwlt i�'u►y forfeiaue action or pr000eding.wfiedur civll or criminal,is begun that in LraKler�s good hdN judgmeot
<br /> could�esult in forfeidue of the P►openy or aherwise meterially impair ttie lien c�rated by this Security Ir�saument or
<br /> Lender�s socurity intetr.st. Borrower may cnre such a default and reinstate.as provided in pAragrwph 18.by causing the actian
<br /> ar prucxding to bo dismissed with�culing that.in Leoda�s good fdth determ' '�n,paeciades fcufeilur�e of the Bomnwerlc
<br /> jnterest in the PropeRy or otlkr moteri�l impairment of the lien created by this Securiry Inmument or i.ender� security
<br /> intenst. Bormwer sha!! also be in default if Borrower. during the loan epplication process, 8ave materially fidfa or
<br /> inAOCU�ate infortnation ar s�ateme�ts to Lender(or f�d to provide Lender with any msnerial infomution)In c,au�atlan wlth
<br /> tha loen evidencod by the Note.including. but noi limited w, representations canceming Bortower's oocupancy of the
<br /> Properiy av a principal iesldeaa. If this Security Ingtrument is on a leasehold,Borrower shall comply with all the provisions
<br /> . of tho lease. lf Borrower aoqui�es fx tiUe to the PropeRy,the kasehold and the fee title�wll r�ot�aage unless L.endet agroes
<br /> to the merger in writing.
<br /> 7. Protection o�[.a�der'a Ri�Uts in tLe Property. If Borrower fails to perFomi die covenants and agraments
<br /> contalned in this Security Insmunent. or there is a kgal proceeding lhat mAy significantly affect Lenderh rights in the
<br /> Property(such ac a proaeding in bankruptcy,prob�te.for con�lemnadan or forfeitum or to enforce I�ws or regulatiana),then
<br /> Lrnder may do end pay for whatever is neocssary to protect the vulue af the Property and Lenderk dghts in the Property.
<br /> La�der�s actions may include pvying any sums secured by a lien which has priority over tltis Security Insdvment,appeuing
<br /> in court.paying reaso�able attomeys'fas and entering an �he�'ropeKy to malce repair�.Altlwugh L.ender may Wce action
<br /> under this p�uagraph 7,l.ender does not have to do so.
<br /> My emounts disbursed by l.ender under this{wragraph 7 shall becane additlonal debt of 13orrower sccured by this
<br /> Securiry Instrument. Unless Hamower and Lender agreo to ather tertns of paymem.these umounts sh�ll bear intorest from the
<br /> date of dis6ursement at ttrc Note rate and shall be payable,with interest.upon notice from L.ender to Borrower requesting
<br /> payment.
<br /> 8. Mortgsge Ansurance. If Lender required mortgage insurnnce as a condition of msJcing the loan securod by this
<br /> Securiry lnstrument, Borrower sh�ll pny the premiums roquired to m�inu►in the mongage insurana in effecl. If. for any
<br /> mason, the mongage insurance coverage requlred by Lender lapses or ceases to be in effect, Borrower shall p�y the
<br /> p�emiums rcqui�ed to obtain coverage substentially equivalent to the mortgage insuwnce previously in efiect,at a cost
<br /> substentially equivalent to Ihe cost to Borrower of the mortgege insurunce previnusly in effec�, from an altema[e mottgage
<br /> insur�er approved by Lender. If substamiully equivalent mongage insutance covernge is not uveilabk.Bomower shell pay to
<br /> Lender ench month a sum equal to one-iwelfth of the yearly mortgoge insurunce premium 6eing paid by Borrower when the
<br /> insurance coverage lupsed or ceased to be in effect. Lender will accept.use and retain these payments as u loss reserve in lieu
<br /> of moAgage insumnce. Loss rcserve payments may no longer be required, at the option of Lender, if mongege insurance
<br /> coverage(in the amount and for ehe period that Lender�equircs)provided by un insurer npproved by Lender again becomes
<br /> avoilable anci is obtained. Borrower shall pay the premiums required to maintuin monguge insurunce in effect,or to provide a
<br /> loss n�serve,pntil the requirement fa mor�zuge insurance ends in accordance with�ny written ag2eemenl between Borrower
<br />� and Lender or upplicable law.
<br /> 9. iaspect�on. Leader w its agent may muke reusonable entries upon anJ inspections ot the i'roperry. Lencicr shall _
<br /> give Barower natice at thPrime of or prior to an inspection specifying reusonable cuuse for th�inspec¢ivn.
<br /> 10. CoademoaHa�. Tiie praxeds of uny uwwd or cluim for dwnuges,direct or consec{uentiaE.ia sonnection with eny .
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