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<br /> ! � pKiod�dwt t.aid�r nqut�w. �n. i�wrno.carier provcdMV+Ue ww�.c..lru a aw�rn by ia,Nwr.�e w twMNrf `
<br /> �pprovd wMkb idl aot M u�on�by wW�MW. If s�w�o+w�r hW lo aw�i�l�in a�w�ys M�eelb��4ow..Lrr a�►.�t „
<br /> � LwrNr1�optiai;obt�incov�ro pw�ct l.�i�1�ri�W.in dr Ara�pee_ ty M�oa,rd�noa wkh p�rytwth 7. .__
<br /> A!4�pol�cle�ea��ee+rels e�!!b� to L!�d�t�nA d�l1 l��kde e�d e!Y!!e, L!��e .
<br /> ' :��a',��:i�k�� '�5:�:�.d::�„r�:�..��L:..,�:.�'.�s,l.css�'��!!i�:Fx';�""••��:��. —:—�-'_
<br /> � �P�P�iwu and�w�l natkea. In tha event ot lon�.Bamwar ah�ll qw pnon�pt nodoa a d�e iiwirMa onbr aNd
<br /> l.a►der. I.ender m�►y maloo ponaf otlou If not m�d�P��Y bY�'�•
<br /> unlea Le�der n,d Ba�rower ahe�wlie apae in wettins,iu�unuue ooeed•�hd!be appiied a n�toraion ur ropk ot
<br /> v�
<br /> thePro�eny dun� if the reatonuion ar r�ep�fr i�ecaot�micaily te�rle uid Lenda�s eecudty i� ►wt kwerod U 1be
<br /> n�pxui _on ae re�i k uot 000�xnically teastbk ar LenderL�eavlty would be k+re+bd. the imue�a�ce prooeed�tbdl be
<br /> �ppUed to tho wms�oaured by thi:Security 1ta�umau�whether or not thea due.wNh any exce:s pid w Hanuwet. U
<br /> � Bnr�owar Rb�ardorw tha Property. or das not answer wkhin 30 days a notice fra�t l.e�ckr tb�t tha ina�r�nce cirrjer b�t
<br /> � offend w satilo�cWm.t1�en 1.ender may oollect the inwrar�ce pnceed:. l.ender m�y use the p�ooeub w or natero
<br /> � the Praperty m ro pay suau�eeurcd by this Secudty Inatn�meM.whether cx not tha�due.'!'he 34d�Y Pu� �di^'�►
<br /> t6e aotico�given. ,
<br /> Unless Lender end Bomower oth�rwlso agroe in wrltjng,any a lication af p�aceat�la principsd.alwll not extend a�
<br /> Iwstpona tUp due dak of the monthlY P$Y�nts.�efert�ed to in parag�is 1 and 2 or chanRa tha amoua�'of�ih�paY�!u• � .
<br /> R , .: ,.r
<br /> �1��P�B�Ph 21�tlie Propertyr.i$.acqNired by Leiider.Borrowcr�a right to,pny�i�surAnce palkiae�suid.pmoce�ed �reA
<br /> n n
<br /> I fiam damage to the Property prlar tu tha acqulsi�lon�hnlips�c to l:etuiar a ihe oxtQ�of the sume�eecw+ed'by�4 5eai� ,� � ' -.
<br /> Lwtilanent irpmadiatoly. ai,to theacquiaiNan. ' , . �
<br /> ' 6. Occuppricy► �Noa, 1 N�intenAnce and'Protection ot Ihe Propertyi Bnrr'ower*s Lo�n App N c a t b ai
<br /> j ImueboW�. Borrower rhaU accupy.oatoblish.and ucc the Property as Borrowerti princip�i necfdence wlihin cixty d�ya�Her
<br /> the eaecutian of thia Security Imuument and ciwll continue to occupy�he Prope�ty iw 8ormwarB principd rc�idenoa for u
<br /> leaet aio ye+u riter tho dwto of occupwrcy. unless I.ender ahenvlse aRrees in wdti�y, whkh concent chall not bo
<br /> unreasonably wlthheld.or unles�extmuoting circumstances eaist which rue beyond Bomnwerb control. Borrower�h�ll rwt
<br /> dwtroy.dwnaga or imprir the Propaty.�Ilow the�ny to deteri�xate.or commit w�1e on the P�operty. Borrnwer�F�ell
<br /> i be in dofiult if�ny forfefturo ac�fon or pracoedin�.w ther civfl or cdmirwl,Ir bc�un Uut in Lendert�ood t�ith Jud�u
<br /> ; could trsult in farfel�uro of thc Propeny or dhervvi�e mate�lally imprir �he Ikn cis�ed by this S�curity In�ttument a
<br /> � Landerti iecudty in�eres�. I3�mower m�y curr such a defAUlt and roinwiae.ar provided inpar�roph I8.by c�win�the actian
<br /> or proceodfn�a ba di�mfrrod with r rulin��hp�,in I,cnder�►�aud f�lth detemdnutiun,procludes forfeituro at�ho 8ort�uwert
<br /> intcrc�t fn�he Propeny or olhet mato:ial impwfmicn� uP�he Urn crra�ed hy �hi�3ocudiy Inatrumont or Londerti Rocurlty
<br /> intcrcW. Borrowcr�h�ll al�c► bo in dafault iP Bom�wcr. duriap tho luiut oppUe+uian prucenr, ��vc materi�lly filie or
<br /> in�ccuroto infomu�tion w auuementr�o l.ender(ar fpiled to�m�vido I.eixier with any motorlQl infomutian)in cautiection wilh
<br /> �he lan evidenced by ihe Nde, includin�, but nat limiled to. rcp rexenta�ionA concemin� Borrowerti aceup�y of tho
<br /> Property ar R princippl�+eridcnco, If thix Securi�y In�ln�ment iR an o Icusehold.Bomnwer�hnll comply with�111he provi�lo►u
<br /> oP tiie IeAre. lf Borrowe�acquin�fce title w�he Propany.th�leucehaid and Ihe fee titlo�hall not mer�e wdeso Lender a�
<br /> W tf�o merger in wri�ing.
<br /> 7. Protectlop ot Lender's RlQhfa in the Property. If Borrower fails to perFam thc covenants and agroementa •
<br /> conwined in this Sxurity Instrumrnt, or there is n legal proceeding that may significontly uffect L.enderk rights in the
<br /> PropeRy(such es a proce�eding in bankn�ptcy.probate.for condemnation or forfeiturc ar w enforce Inws or rcgultuions),then
<br /> ' Lender may do and pay for wliatever is necessary to protect�he value of Ihe Propeny and Lender's rights in the Property.
<br /> Lenderi�actions may include paying uny suma secured by a lien which ha.g priority over�his Secu�ity Insnumen�,appeuing
<br /> in court,paying reasonable attameys'Pees and entaring on the Propeny to make rcpaira.Although Lender may take action
<br /> under this pnragrnph 7.l.ender daes not have to do so.
<br /> My umounts disbu�ed by Lender under this parogroph 7 .hall bcYOme additianu!debt of Bortower secured by thls
<br /> Security Instrument. Unless Borrower ar►d Lender�gree�o aher terms of payment.these amaunts shall bear iate�est from tix
<br /> dsrte of disbursement at the Nae rate and sfuiil be payable, with interest,upon notice from Lender to Borrower requeating
<br /> pnyment.
<br /> 8. Mortgage Insurance. If Lender required martgage insurance as a condition of making the loan sccured by this
<br />- Security Instrument,Borrawer shall puy the premiums required to m:�intain the mortgage insurance in effec�. If,for any
<br />== reason, the mortgage inxurance coverage reyuired by Lender lapses ur cea�es to 6e in effect. Borrower shall pay the
<br /> premiums reyuired to obtain coveruge substantially eyuivAlent to the mortgage insurance previously in effect, at a cost
<br /> substantially equivaknt to the cost to Borrowee of�he mortgugc insurance previously in effect,from nn alternate mo�tgage
<br /> insuror approved by Lender. [f subslantially equivulent monguge insurnnce coverage is not avuilable.Borrower shall pay to
<br /> Lender each month a sum eyuul to one-tweliih of ihe yesuly murtg�ge insurvnce premium being paid by Bo.�rower when the
<br /> insurance covemge lapsed or ceased to be in effect. Lender will accept,use and retliin these payments us a bss reserve in lieu
<br /> of mongAge insurance. Loss re�erve puyment.muy no longer be reyuired,at the option of Lender,if mortgege insuranice
<br /> coverage(in the amoun�end for the period thnt LenJer reyuire+)provided by nn insurer approved by Lender ngain becomes
<br /> avAilable and is obtained.Borrower shnll puy the prcmiums reyuired to muintain mongnge insurnnre in eflect,or to provide a
<br /> loss reaerve,unti!the requirement for mortguge insurance end.in accorduncc wiih:►ny written ngrcement between Borrower -
<br /> and l,ender or applicable law.
<br />= 9. laspeclion. l.ender or its ugent muy muke rensonuble entricx upon und inspeclions of Ihe Property. Lender ahall
<br />= give Borrower no�ice at the time of or prior io un inxpectiun tipccifying rcusonnblc cuuse for the inspectian. _
<br /> 10. Condemnalion. The proceeds of nny awanl or cluim fur dumuges,direc�c�r ri�nseyuen�iul,in connection with nny
<br /> 5ingle FnmNy-•MLnnle M�e/h�eddle Moc UNIFUItM INtiTRUMF:N7'••Unilo�m Covenums 919D �pugr d njo po�esl
<br /> iinn►t�►ee uwmne Faw..�ec.■
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