;;�, ��r- T - . _
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<br /> ------ +. _ � t717r1i�'i��,��' - ._ ::i�--
<br /> � pedod�that Lsnder requ(roA ilie Irouranoe wrter provlding Aie Insorence nAdl ba chosen Dy Bormvm�uDlccDtol.t+aderb . ' " �',
<br /> apPrnvol whlcTshall no�6o wiree:auDty viliEAsIA. UBOnowor tWt��o melnleln ooven�e Eeso��eLove.l.endse may.hl: ' . :�_. "
<br /> LenderYopUoa,obtalncovengatopro`ectl.enEOttitlgTiWNNep�pp�nylnaaordencewt6 '
<br /> - All Insur�nco pollela ec�d rineweii�h:l!�aapubto to LenderanQ eAell include P uandud mcngo$o cl�:um. Lq� -
<br /> — ehail�avo tho rlgAt to hold No pollela md rcna�vd�. tf I.onOu Rqulrea,Horrower�Aalt promptty gire�o�naer dl tooe!pt�
<br /> -- ot pNd prcm�um+md ttnewal notfaa. tn�Ae event oT lo�f,Barower�hatl givo prompt notico ta IAo 6uurence catrler dfip•
<br /> Lendec LenOermeymakaprootolloultno�madeprompUyDp Bortower.
<br /> Unleu Lender enA Rortower otMervitse agrw In writlng,inwrence prooeod��hail Do epplied to rcsWlaUon or i!p¢iiql• '
<br /> -- Uw Ropury damuged,it the rcswradon orrepa!r is economlcaUy fw�ibk aad Lcnderb secuclry u not kssened if ttra
<br /> `— mnoraGon or rcpelr 1�no�economleeily featii6lo or Lender!securiry would�o lecuaed,�he inswancn proatds��MU bq -
<br /> appi(cd ro�ho�um�eaurcd by�hii Securiry Inanumem, wheU�a or not iheo du0.vr(tT�my excaa pald to Bocrowu. if
<br /> Uorrower abandoro the Propeny,or don not mswa wiNln 30 day�a aodce fran LeMe�thm tAa in�uruue carhi Ra�
<br /> of[ered eo ceuie s etaim,�hen Lendor may collect�ha 6uurenco procads. Lender may ux�Frpnppe�w a resaoi�e
<br /> -_- tAo Pmpeny or�o pay cum�eecureA by Nis Secudty InawmenA whedwrw not then due. 7Tc 36 ptT[ad�0.gti attrn
<br /> No notice b given.
<br /> __= Unlecs Lender and Ooaower oihonvise egree in writing,enyappIlceUon of proceeds lo principal sh�ll twt oxtend or =
<br /> = postpono tho due dato of the monthty paym¢nn K&rnd to in pareplaptu i md 2 or change�he emount ot Ne pnymente� U
<br /> - undcr paiagraph 21 U�e Propetty le ncquired by Lender,Bortower6 dBht ro ury insurance pollcie�end proaWa rcaulHng
<br />_,��� from demaga�o�he Property prtor ro�M10 ecquislHon shdi paaf ro Lendu to�Ae oxtent of�he�ums�awnd 6y thle 8ecurlty
<br /> `�,�y Inam�memfmmcdietcly pdorrotheacqui�atdoa
<br /> q,.� G Occupancy, PruervaUon, Me�ntennnce end Protce�lon ot tAe Propertyyy� Oorrower'e I.oan Appiicatloa�
<br /> �� I.easehoids. Hortowcr shetl accupy,ateblish,end um the Propeny a�BonowerL pdnc�rcsidence within dxry daye etler
<br /> �`"�� the executton of thfa Secur(ry[nsdument and shall rnnanue�o acupy the Propeny u omowerb pdnelpal reddenea for at
<br />�:-;�f�t:aj least one yeer nRer �Ae date of occupancy, unleaa Lender ahenvise agrca in wd�ing, whlch conunt thall not 6e
<br /> �=���'tf unrcasmably witMeld,or unla+eaunuating circumsronces ex{s[whieh are beyond Bortowery control. Bortower sdWl not
<br />�;",-�,"�SL� deatroy,damage or imqir tha Propeny,etlow the pmpetty ro daerio�ate,ar commh waste on�ha Propeny. ➢orrower chdl
<br /> -���y:'��` be in defeult if eny fode(turc eulon or proceeding,whe�her civil or criminel,la beaun�hot in Lender6 good faith Judgment
<br /> "--a~i' eould rcault tn todelmre of tAe Propuey or othttwiu matuially tmpatr �he Ilen created by thia Saudty Inswmmt or
<br />�,'°;-a 4.
<br /> .":�; Lenderti acudty intercst Bortower may curo:uch e defeult end rc(nauto,a+provided tn paregreph I6,by causing the ectlon
<br /> s 5_j Y or praceeding ro be dlsmiued with s�uling thn4 In Lenderh good fatih detertninedon,precluda fodeiturc of�he Bomowerb
<br /> �};�„ intercst in Ihe Propeny or other matedal Impalrment of the Iien creatcd by�hi� Serndry Insuumcnt or LenderY acudry
<br /> f y,f� Intercat. Bortower shell elao be in defauh if Borrower, dudng the loan �pplitttion procesa, gave matedelly felw or
<br /> _._,.;�g;!� ineccurero infomiation or:tatementa�o Lender(or tailed to provide Lender wilh eny me[edol infortnetlon)in connxtlon�vith
<br /> tlx loan evidenxd 6y �he Note, including, but not Ifmited �o, �eprcsenteiions conaming Bortower§ occupancy of�ha
<br /> � �i• Pro�rry as a principel re8denco. If�hU Secudty Insuument is on a leauhold,Borrower nhall comply with ell the provisiona
<br /> �_ of e Ieau. If Bortowerac[�uirct fee dile m Ihe Pmreny.Ihe Inpqhnl!�?nr��he fe���tle chall!!n!1tP on npjwaa 1�nA{r�ofr�i __
<br /> s�.�" ro�he merger(n writing. .
<br /> __: 7. Protecdon ot Lender's Righta tn Ihe Property. if Bofrower feila a pedorm�he covenants end agrcemema --
<br /> , _q�� mntained in �his Savrity Ins:mmrnt, or therc Is a legal proceeding lhet may ai6niticamly eHecl Lenderk righu in �e � '
<br /> - * � Prapeny(such ea n proceeding in bankmp[cy,probme,for condemna�ion or faReimrc or eo enforce laws or rcgulaqons),�hen "`
<br /> m�yI � I,ender mey do end pay Por whalever is neaaaery�o protca the value of the Property and Lenderk righu in the Propcny. �:��
<br /> is;--=+ Lenderk ections may include paying any suma secund by a lien which hes prioriry over this Sauritp Inswment,eppeering �^`
<br /> '�``= in couh,paying rcasonable a�tomeys'kes and entcring on �he Propcny ro make rcpairs.Allhough Lender may�eke eMion ��
<br /> �f i�} undct this peregreph 7,Lender das not heve to do w. L.:'�
<br />`'�,f(�F?y Any amouma diabursed by Lcnder under�hie pangmph 7 aheli bccome eddi�ional deb�of Borto�vcr securcA by ihla °�
<br />".;;'f,{;i Sceuriry Instrumem. Unlw Bofrower end Lender egra io othcr terms of pnymen4 ihece nmounta aholl bear intercs[from the ��-
<br />.�_.`;�i;?{" datc ot disburscmem m�he Nott rnu end shall be payabl0.�vith intera4 upon no�icc from Lendcr to Bortower requutlng f"%�.
<br /> `�s� PaYmem. c�.
<br /> - •% 8. Mortgege insurence. 1t Lender rcquircd mangnRe insurance es e condi�ion of ineking�he loan secured by thi+ !"�
<br /> --"�'- " Securit Instmmen6 Bofrower shxll a �hc rcmiums re uved ro msintnin thc mort n e insumnce in eikct. If.for an L'�
<br />_j�:�:�i,; Y P Y P q � 8 8 Y .,-•
<br /> . renson, ihe mongage insumnce covenge required 6y Lender lapxs or ceaze: ta be in efkct, Bortower ahall pny �he '
<br />'_:>.yi�:�r premiums requircd m obtain covemge subs�an�ially equivnlem to the mongage insumnce prevlomly In ef(mt, et e emt ��`'
<br />, Jw_y:�'
<br /> , suhsmmially equivalent to�he cat to Borrower otthe mongage insurence prcviously in efkc6 from en eLemate mottgage L:":`.
<br /> �"'�"' pp y y tyuivalent mongxge insunnce mverage is not available,Borto�ver shall pay m ir-
<br />;-.,��„�. insurcr n roved b Lcnder. I(su0.s�entiall
<br /> '';_,��� Lender each month e sum equal ro one•twdf�h of the ye�dy mongage insumnm prcmium 6eing paid by Bortower when�he 1..�-.
<br /> � ��;; insurana�nreragc lapsed or cea.ud m be in etfat. Lender wiii accept,use nnd rctain the.0 qymenu as a loss«serve in Iieu -
<br /> of mongage inaurence. Lou reserve payments may no longer be myuircd,ei�he option o(I.ender,if mongnge insurance
<br /> -' `z� coveroge(in�he amount and for ihe period�hat Lender rcyuircs}pfovided by un inwrcr nppmvcd by Lendet again 6emmcs '>-
<br /> y; :. F
<br />,,;,:,��,��-- evuilable and is ob�ained.Oorro�ver xhall pny ihe prcmiumc rcyuircd to maimain mongage insurance in effect,or to provide a k�'^
<br /> -' ''` locc roserve,umil�he rc mrcment for mort a e insur�nm ends in accordance mith an wriuen a reement betxsen Borrower �
<br />_�-'�`'}`.� and Lcndcrorapplicnblylxw. S � )' R �',!.
<br /> - ,.�=-,:
<br />- -� 9. Insptttlon. Lender ar iu agem ma��makc rcuunable cn�rie�upun and impiaion.o(�he Ropeny. I.endcr sh�ll `"
<br /> _7"..e:::� givr.Bormwer nmice a��he iime o(or prior�o:m insprc�inn speci(ying¢a.onable came fonht inspec�ion. �'.�'
<br /> �'�,_tY�l 10. Cortdemnetlon. The proceeds af uny award nr claim(ar damage..dirccl m mmequtmi;d.im m�neclion�vi�h any ��-
<br /> � °�' SmflaF�mdp..F'mnieM�r4Yeddk\1utLMFON\IIKti77iUiF.ST--Umfo�mCrnenani� 990 �ry��J./nrysn�
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