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<br /> � per(od�Wat I.enAu rsyulrca. 7ho losurenco cartler provlding 0e lnsuranae�hall be choxn 6y Bortovr.r tublectto 1.sqQatM . . .:'„`
<br /> � approvd�vhfch ehn11 not be unreaaonebiy wi�hAo10, lt 8ortower falb ro melntoln coverage deaer�bed n6ovo,Lendor mqy,dt .
<br /> I.endorti optton,obiatn coverage a proiect 1.enderl dgha tn Ne Property 1n oaoNu�ce�vl�h paragraPh 7. ' �---- -
<br /> All insurance polidca end�enewab shell be ecaptablo to Lendu and�he11 Ineludo a�undaM mortgage clause. Lendu ' -
<br /> e1�all�avo tM right to hold tha polida end rcnewat�. If I.enda requlrca.Qortower�hall Dromptly glve ro LenQer al ttoelDb
<br /> o!pald prcmiuma end renowal notiaa. In�ho event of Ioae.Dortowu nhalt givo prompt nafce a�ho Insuranco eaater and �-
<br /> Lender. Lcnder mny meka proot otlosf If not mado promplly by Qortowar.
<br /> Unitss Lender and Bortower ahawlse agteo In wrlting,inaurenoe prxecd��hall6e�ppllrA�o rcsroradon or repeit of
<br /> �he Properry damagod.If the rcatoretion or rcpalr b xonomically feaeibla md Lecdort�ecudty te not leasoned. If�ho
<br /> �.--' rcstoration or ropair is not amomluliy twibie or Lenduti eecudry would bo lesaened,Uro insumnce Frocced��hdl bo `� �"� �� �' �
<br /> eppded to�he suma cuured by thb Secu�lty Instniment, whether or no[U�e�due,WItII NY E7ICli7 P6I0 ro Bortowet. If
<br /> — Bortowu abandom�Ae Property,or doea not enawer within 30 day�a notice trom Lender thet�he inswanco cerrtar hes
<br /> offercd eo settle a clelm,then Lendu may coliect the insurenoe proaed�. Lendu may um the prooeed��o rcpair or«atoro
<br /> -- �e Pro�ny or ro pay cums seared by thia Sccudty Inam�mem,whether or not then due. 7Le 30-0ry pedad wtll6egin when
<br /> the not ce is given.
<br /> Unleu Lender md Bortower o�hmviw egrce In wdtin6,eny eppllcetion o(proceede to p�inctpal�ANI not eatend or
<br />.:- postpono�he due dete of tha montAly paymenu rotemA ro in pamgrvpha I and 2 or change�he emount of tha pa enn. If � �
<br /> _= under puegreph 2l the Property It ecquired by I.ender,BortowerY dgh[to eny insurance policles and p�resu/Nng
<br />= trom dunaga m the Property prior�o tla acquis(tlon�hell pea ro I.ender to�he extent of the auma secuad by this Secudty
<br />— Instntmentimmedtetely pdoirotho�cqufaidon.
<br />'-`'Ci 6. Occupency, Prsservettoo, Meintenance end Protectlon ot the Property; Borrower'e Loan Appitcn8on{ _
<br /> x] Lemeholda Bortower�hall accupy,esteblish,end use the Propeny d BorrowerY pdnclpil rcsidena wlNin eixty days eRer
<br />:;:'s.; the eaecutlon of thb Security Insuument and ahall wminue ro occupy�ho PropertZ as.gortowal principal realdence for et
<br /> -" Icut onc ycar after the datc of acupu'xy, unleas Leodu o�htt+rise agrw m wd�ing, whkh rnnxnt shall not be -- ----�
<br /> �;� umeawnebly whhheld,or unlaa atenua8ng circumstenoea exist which aze 6eyond Bomowcrh mntrol. Bortowa shell not c
<br /> deatmy,demege or impalr tho Pcoperty,allow�he Propeny[o datedomto,or commie wasie on�he Properry. Bortower eheil
<br /> '! be in defaul�(f eny Podeimrc rction or proceeding,whether eiHl or criminel,is begun thaz in Lenderh good faith Judgrnent t_,�;-,i-.=.
<br />:�:,�� could rault in fodeimrc of�he Property or otherwise metednlly impair the lien created by �hia Saudty Inatrument or �;'_�_A`"-"
<br />�;!;5� Lenderh aeeuriry intercs�. Borrower may cure:uch n defeult end reins�ete,os provided in pamgrcph I8,by ceuaing�he ecUon ^t,.,;7�=__
<br />;�;>_� or proceeding io bo dismissed with a rutlng�hat,in Lenderk aood fei�h duermine4on,prccludee fodeimrc of the BortowerS .�:;,t;�j,_„
<br /> __:;� intereat in the Propeny or other m�wdei impairtncnt of the Iien crcated by th1:Swurity/natrummt or LenderS saudry � i�;':r�-�.
<br />--:�; intcrcsc Borrowcr chall also be in defeult if Bortower, dudng �he loan application procw, gave meteridly falae or ?��:�-i'�;°�
<br /> -- ineccure�e informetian or eta�emrnu to Lender(or faited to provide Lender with eny matedd info�mation)In connenion wi�h t,{s;;:•:;;;-�.
<br /> - ?� �ha lam evidenced by the Note, including, but not Iimited ro, rcpresenteilons conceming Bortowerl occupancy of the ��'(� '
<br /> Propeny ea a pdncipal Raidence. [f this Seariry Insm�ment B on a leasehold,Bortower sh81 comply wi�h all the provbions {� s � -'=-
<br />:-'�^� of�he leasa If Bortower acquircs fa Atie to�he Propeny,the leauhold and�he fee title shdl not merge unies�Lender agrce� E;-"3„'��'�_;"_;�-
<br /> ro�h¢merger in writing.
<br /> '� 7. Protecflon of Lender'e Rfghts In the Properfy. If Bo�mwer feila �o pedofm �he covenams end egrcementa �sf£��x.
<br /> *.'� wnteinW in �his Securiry Inswment,or iherc Is a Iegal proceeding that may significantly nffect Lenderk dgh�: In �M1e r j{, _
<br /> Property(such as a pracedina in b�nkruptcy.probate,for rnndemnaiion or Podei�urc or ro enforce Iews or rcgulations),then � r,�' ,caL :-
<br /> ti, Lender may do and pay for wharever is neassary ro protect�he value ot�he Propetty wM Lenderk righu in�he Propeny. K �n :
<br /> Lenderk actions may mctude paying my sums securcd by e lien which hes priority over this Security Insuument,appeering i S I
<br />�_?! in courc,pnying reasoneble enomeyi fees md en[cring on�he Propeny to make rcpairs.Aiihough Lender may�ake action ;s:`,"---�,`�';�:�.v��'
<br />_:_=;,�; underthisparegreph7.Lenderdoeanothevetodaso. t��. )vxYx.s:-
<br /> M amauma disburxed b Lender under this are re h 7 shall beeome addi�ionul debt of�ortower secured b ihis -'>: } �R`�'-
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<br /> Security Ins�rvment. Unless Boimxer and Le�der ngrcc to oiher temu of puyment.�hesc aznoun�s s6e116ear intcrat from Nc =':.1:,,gf,�;�r.
<br />"�? da�e of disbursement at�he Note me and ahall be payablc,wi�h imerest,upon no�ice from Lender w Dortower rcqucating `l>'ii;t};�,+,�`:!
<br /> �-�� paymenc �S�t� ;-
<br /> 8. Mortgege Insurann. If Lender Rquired mongage insuruice m u condition of moking the losn securcd by this r� �
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<br />- Sauri�y InsimmenL Bortower shall pay �he prcmiums reqmrcd to mnintain the mortguge insurance in e((ect. !f,for eny . ,.���y:.,r.:,;..
<br /> '� reason, the mongage insurvnce covemge rcyuired by L.ender lupxs or cences �o be in effec6 Bortower shell pay the t `
<br /> -_ � premiums rcquircd ro obtain coverege sub:txntiaily equivaient m ihe mangage insurance prcvioualy in e(fect,at e eost " y��' ,
<br /> -'.� substmtially eyuivalent�o the cost ro 6urroner ut ihe mottgage inwmnce prev�ously in effect,ftom on altemute mortgege � ,��i A
<br /> . imurer npproved by Lendea I(subs�antixlly equivalent mon{tage insurance mvem5e is noi nvuileble,Borrower shell pay ro i�� ; y '�
<br /> ::� Lender ench momh n sum equal to one-twclflh of the yeuly mortgage insurance prcmium Ming paid by 6ortower when the "� t{�{}7� _
<br /> � inxurnncc coverage la{ued or aaced�o be in efkct. Lcndcr wiil nccep,asc and retain tlieu payments ns a loss rexcve in liw Yt S -
<br /> '"- of mongage in+umnce. Loss rcserre paymena may no long<r be requircd.at ihe option o(Lender, if mortgage insumnce _+j�� x,_ ;-_.
<br />-`� covernge lin the nmount and far the periexl�hat l.ender reyuircs)pmridW by a�i insurer approved by Lender again bemmea �.�tf;'kj��sl-_:
<br /> •'�1 availnble and is ob�ained.Borrowershall pay the pmmiums required�o maimain mongage insur�nce in etkc[,or to provide o � , ..
<br /> .� loss rcserve,until ihe rcquiremm�t(or mortgage insunnce endc in acmrdance u�ilh any wrinen agrcement henveen Borroxrr �F � -_
<br /> - '� and Lendcror applicable law•. , f° a �'�
<br /> 9. Inspcetion. Lcnder or i�s agmt may make reaiannble eNriex upnn nnd inspec�ions of�he Pmpeny. Lender shall } e �
<br /> give Qorrower nolice m ihe time of ar priar In an impeclion+pecifying reasonabla cau.c fnr�he impection. �
<br /> I0. Condemnelfon. "ILe prnceed.o(any au�ard or claim for Jamages,dirca w ennuyucntial.in connection with any -
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