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<br /> ' prlod�drt L.ader raquirMa. 7Ls iwra�oe cwrkr provkli�IfM�oe�b�ll b�cbaea DY Barow�er wb,�ect w I��drti
<br /> appnri�l wMk�IhW not be yoeawnM6iy wW�6eld.�U Bon�ow�ec bdls to�uimaia dac�6��b°v°��'a°d°��q►+�t �
<br /> 3.�da1s�,abtah,core,qfe ee pralect l.sad�rb�1�d+e P�+�ty in.oa�.ni.n�w p�p�T• --
<br /> _ �iiawa�duc�a�'n.;os ot m�.wt�is-' ' Lc �" ii.fi.�i;..�.3:c�p..�Gti:::�..r.••°•w:.�`v cl.:... '-''
<br /> du�0 b�ve tbe rlsht oo hdd ehe pdk�iea and ennnwab.�t La�tier raquite�Bonrower�lull promPd9�ive to La�der di rooeriptt
<br /> of p�id promiumt ud reoew�l notka. Ia t6e evau of low.Borrowa ehall aive prompt naNc�e lo the iruan�nce carrkt aod
<br /> Laider. L�ader msy m�ice proof ot loa if not made P�4�Y����.
<br /> Unbu l.ader�nd Banowe�alhawLe agroe in wridu�,Inau�t�ce prooeoda s1uU�e apptkd to natoradon or iep�fr ot
<br /> ���ty �f die ratoration ar rep�ir i�erawndcalty feuible aad Laider��ecwity i�aot leWeriod. 1f ibe
<br /> or r ii not ecanomicaUy fea:ibb ar Laidery�ecudty wa�W be lara�ed.d�e inau+nce peooeeda�luA 6e
<br /> •pplied to Ihe wms�ecu�d by Wis Socudty Iastrua�nU.whether or not tt�due�wNh+�ny exau p*W W Hanpwa: It
<br />� Bon�ver�bar�doiu 1ha Propa�ty.or doa not mswor within 30 days a notice frum Lender tfut the inturNOe ca�rler lut
<br /> offe�ed w seale a cl�im.tbea La�der may collect the inwranoa proccodi. l.ender may use the p�ooeeds to rc�tr or nataro
<br /> the or w pay swas�asured by thie Sa,�urity L��whetl�r ar not tlkn due. 71�e 30�daY Period wW ba�G�whn
<br /> the i�given.
<br /> Unlas�Lendar u�d Botmvwer otlKrvvise�ea in wridn��any lic�tion of procoal�to pdncip�l sha11 aa e�eod ar
<br /> postponc iGe due d�to of the manthlY PaYmenta rcfened w in p�re�ia 1 and 2 or changa the anouat of the payanaats. [f
<br /> under pa�n�graph 21 the P�opert�is�cquired by [.endar.Botrowerk d�ht to aay inwranco pc+licfes�ad pa.roeds n,ahin8
<br /> from d�m�ge w the Property prior to the acquuition ehaU paa�to Lender w d�o oxtent of the sums tecund by tbis Secorlty
<br /> Lutrument immodiately prlor w 1he Non.
<br /> i. 0¢cup�ncy, Pnsen'atioo, tea�nca nnnd Protecdon of the PropertYi Borro�ver'� I.a� APPltca��ai
<br /> 1.eaeMoid�. Bomuwer sb�U accupy.establi�,and uae the Property es Borrower�i principal residenco wiihin sixty daya afler
<br /> the execution ot this Secnriry In�tcum�t ai�d�ll cantinue w occupY the P[opeAY+�s Borroa'ak Pn°��raidenve for a
<br /> least one year �Rer the date of accupancy. ualess Lender other.vlse agnoes In wridng, which coasem shall not be
<br /> unneasonably wlthheld.or unksa extenwUing cincumstances exist whlch aro beyond Borrowerk conwl. Borrower shAU not
<br /> deMroy.damage or imp�ir the Property.allow the Property to detedorate.or commit waste on the Pmpeny. Borrower shall
<br /> be in dcfault if any fotfdwre uctian or pmcecding,whethor civil or criminel.is begun�het ia L�du�s good fulth jud8mcnt -
<br /> could�ault in forfeituro of the Praperty or otherwfse mnteriaUy impair the lien created by this 3ecurfty Inahume��t ar
<br /> L,ender�s security intores� Botrowcr may cure such a default en�1 reinstata.es pmvidod in paragraph 18�by cauaing the actlon
<br /> or proceeding w be dismissed wkh a nding d�ot,in Lender's good faith detemdnntion.procludes forfeituro of the Barnwerh
<br /> intercct in the Property or other material impoirmant af the lien cneated by thls Security lnsuwnent or Lender�secudry
<br /> inter�est. Borrower shall also be in dafault if Borrower. dwing the loan applicatlon procexs� gave matedaUy faise or
<br /> ineccurate infomwtion ot statements to L.ender(ar failed to provick Lender with any material infortnadon)in connoctian wi�b
<br /> the lan avldenced by tha Note, including, but not limited ta. rcprosentetions conceming Bormwer's accupancy of tha
<br /> Property as a principal residence. If this Securiry Instrument ie on a leasehold.Borrower ehall comply with all the provisions
<br /> of the kese. If Born�wer�equues fa tida to�iio Proparty.the k.�nchuki�d tha fee iktc slsol!nas mssse�alesa Lendsr a�ts
<br /> W the merger in writfng.
<br /> 7. Protectton ot l.ender's Rights in fhe Property. If Borrower fails to perform the covenants and agrcements
<br /> canteined in thia Security Inswment,or thero is a Iegal proceeding tltat may aignificantly affect L.ender� rights in the
<br /> Property(such os a procading in bankruptcy,pmbue.for condemnatia�or forfeiture or to enforce laws or regulations),then
<br /> I.ender mny do end pay for whatever is necessary to protect the volue of the Property end Lender's rights in the Property.
<br /> Lender s acdons may inaludo paying any sums secured by a Ikn which has priority over this Security Inswment,appearing
<br /> in court.payfng neasonabls attomays'tees and entering on the Property to make repairs. A1lhough Lender may take action
<br /> unctar this pa�agraph 7.I.ender das not have to do so.
<br /> My amounts disbu�ed by l.ender under this pnrngraph 7 shali bocame additional debt of Bomnwer secured by this
<br /> Security Instrument. Unless Borrower und l.endor egree to other terms of payment,these amounis shall bear intercst from 1he
<br /> date of diabunsement at ihe Note rate and ahall be payable. with inte�ct.upon notice from Lender to Bomower rcquesting
<br /> paymrnt. —
<br /> 8. Mortgage Insurance. If Lender requimd mortgage tncumnce as u condidon of making the loan secured by this
<br /> Securiry Instrument. Borrowar shell pay �he p�mlums required to maintain the mortgage insurance in effect. If,for any
<br /> reason, the mortgage insurance coverage required by Lender lapses or censes to be in effect, Borrower shall pay the
<br /> premiums required to obtain coverage substantially equivalent to the mortgage insurnnce previously in effect, at a cost
<br /> substnntially equivalent ro the cost to Borrower of the mortgage insarance previously in effect,from an altemate mortgage
<br /> inaurer approved by Lender. If substantinlly equivalent mortgage insurunce coverage is nut avallable.Bonower shall pay to
<br /> i.ender euch momh a sum equal to one-twelfth of the yearly mortgage insurance premium being paid by Borrower when the
<br /> insurance coveroge lapsed or ceased to be in effect. Lender will accept,use and retuin these payments as a loss reserve in lieu
<br /> of mortgpge insura�ece. Loss reserve puyments may no longer be required,al the option of Lender,if mortgage insurance
<br /> coveruge(in the amount end for the poriod that Lender requires)provided by un insurer upproved by Lender agaln becomes
<br /> availablo and is obtnined.Borrower shall pay the premiums required to meintain mortgoge insuri+nce in effect,or to provide a
<br /> loss reserve,until the nequirement for mortgage insurance ends in accordance with any written agreement betwcen Borrower
<br /> and Lender or applicable law.
<br /> 9. laspection. I.ender or its agent may make reasonable entries upon and inspections of the Property. Lender shall
<br /> give Borrower notice at the time of or prior to an inspection specifying reusonuble cuuse for the inspection.
<br /> 10. Condemnation. The proceeds of any awurd or claim for damnges,direct or con.sequentinl,in ronnection with any
<br /> Singk Pomily••Fanak MadFlreddh Mac UNIFORM INS'fRUMBNT-•Un�form Covenonu 9/90 1/wge 3�J6 psRrr! —
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