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<br /> - _-- -�� _` . . . . � � .� . . .�- ` � �. � � �3� � lostti�r ` ��� .` � . ` ,.
<br /> . ` � ����. ����m���uau��«►�B«������ . ..
<br /> . - �ral v�ic�s�aoc be�y�. .I€�onower fa�s m m�intain c�►�ge de�'bea�bova i�a may.�t '
<br /> ° I:e�d"er�s op�iun.a6�aia coverage to pmtect L�dei�ng�ts`in t1�ePtupe�ty m acooc�d�nve witb paragraph 7. ..°
<br /> • � � • Ai!ia�nauoe poTiQes and serxwals s6aD 6e�ocepta6le to Leader and shari imch�de a�rd u�o�gage dws� l,.eader . '
<br /> -------------.---- �_ sl�all tiare the_xig�to hold the pnlicies aod�arawals: ff.I,eadet r�,Bo�owu shail promptty give w l,�ender atl m;e'
<br /> - � _. .- --.-
<br /> ` aP paid Premiiia�s aad nxiearal aotias..In d�atvent of toss,Bormwa sLatl gt�re prn�npt mtic+e to;��mso�iice c�rrier 5nd ,
<br /> -- � � LencTer. Itnder may make pr�of la�sa€mtmade P�P�Y hY�'�� • ` `
<br /> ` , Uedess Irader and Basiuwer�agrs+e am arridoog.�x pcaceeds sval!be'apptiod w nsoodatioo or sepair of
<br /> _ - the Pknperty dawaged,if tLe�estoratiun or nepair is a�bnomicaIISr f�k aad Lender's slcmity is nut le.sseaed. ff d�e
<br /> nstviage4 or�us tat eooaami�lly�fea�fla vr I•���Y��be f�ed.the�ins�u�oe proceeds shaII.be� .
<br /> :>�. applied to the snms sec��by�his Se�uiry Tnsa�o�nt,wl�aba ur not t6e�dae.witb aay acc�ss pmid to Bamw� ff, -
<br />_�� Bor�uwa,abaa�dons tbe P4toperty,or does aot m�swa wnhin 30 days a notice f�om I.ender thu t6e�ca�rier 6as
<br /> - offered w sarle s claim,then Le�r may aoliect tLe in.soranac pmaed,� ix��der u�ay ase tbe pmoeeds t�nprir ar nstaie
<br />-'�' ��orto�sams secumd 6y this Secwity Insonunent,whether a�bot thdi due. 7'6e 30-day petiad w�l begm whrn ,
<br />-_�_ Uakss Irender and'Boimwer alierwise agnee in wcitin8•�Y aPP�on of pmcads w principal sbap rat e�oend ar -
<br /> --° p�e the aac aax of are m�auhts!p�ymaats,sefer�ea w i�para�hs 1 and 2�change tke amounc of the payments_ 1f . _
<br /> �°� �cler paragraph 21 the Pmpe�ty is aoqai�d bY lender:Bamwer's ri�t to any ins�uance policies.and pcoce,eds resWting
<br />- fi�n damage to du Ptapetty p�r w tl�acgaisi�oa shalt pass to Laoder to tbe exoeat of t6e sums�seciaed by this Sectaity . .
<br /> � - Instrument inunedistely priorfo the a�tiou. � ,
<br />` _';.` f. tkcupaoe� Pe�svstioa, Mai�tsasaot snd P�+utatio� ot tlia"ProPee'tY' $�ra�er* '
<br /> tsa , 's La�a A�liaaioi,
<br /> Le�el�old9. Bortower�dail occupy.est�bLs1�.and ose the P�aperty as Bamwer's principal�ee witBm si�ty days after .
<br />- the execution of this Secunry L�sp�wneiu am ahall conti�ue to eiocupy th�Pt�npetty as Boaower's principal nesiden�e for'st•
<br /> .. le�t one Xsar after the due of occ�rp�ocy, miless.I.ender otherwise agtees`in writing. which conset�t shaU not be
<br /> , • " ``�- �:�:;° anr+easamably withl�ld.ot unless e:tewattng ci�rcwnsta�aes exist�rhich are beyand Boaower�s corm�ol: $onower ahall oot . -
<br /> i_,_r. ,. " � destltDy.damage or impais the Ptuperty,allow the Prupecty w deuxiorate.or commit wacte on the Property. Botruwer shail
<br /> - �' be in default if a�ry forfeitune actioR ar ptoceeding,wlxtl�erciv�or criminak is begua tUat in Lende��s good faitH�d�e�u - •
<br /> -.-_ 'r�- .. <.;'�`` could resul!in forfeiture of the Pt�operty or ott�erwise mazerially impeir the lien created by thic Sec�riry Inswment or —
<br />� „�'.z;� �'"' �'.r Lendet s security intenes� Bormwer may cure sdch a default artd neinstate.as pravided'm paragraph l8.by c�using tha action
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<br /> : -�m-.--; ' ot piooaeding to be dismi.gsed with a euling that.iw L.cnder�s gaod faidt de�on,pr�clndes forfeiture of the Bonawer's _
<br /> . . . _` � iaterest in the Prapecty or other rt�aurial impaim�em o�the lien creaud by this Security Instnunent or l,ender�securiry .' _--
<br /> � --- - . . interest' Sorrower shall aLso be Ia defanit if Botrowe�during tbe lo� application prooess. gave materially fatse or —_ ---
<br /> - � :s= �� - . �" inacxvrate iafocmabioa or statea�ents to Lender(or failed to pmvide Lrender aith any material iufonnation)in cunnoctian arith
<br /> �_ `., -, the ioan evidein�ed by the Note, including. but �t limited to,repnsertations conceming Bomnwer's occuponcy of tba
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<br /> ' ' ' Pro as a Security Incwmem is on a teasehold.Bmrower shall c 1 witb a}I tt�e �
<br /> P�Y P��P�nsidence. If this �P Y P�'�ons
<br /> •�:�,��:"�=�.. . of the lease if BorrovYer acquues foe title w the Pirop�ett�,the teasehold and the fee dtie shall not mage imtess Lencier agras
<br /> . ._ t � , � to the merger in ariting. . . . • , �__
<br /> -. - 7. Prvfe�ttoa d l.ender's RigMs ia tbe Ptvperty. If Borrawer fails ta perforni the covenanu and a�eenieats .. �. �,
<br /> � � contained in this Securi Instrumen� or thene is a al m dtat ma si fccam! affect Lender's ri ts in the Y",~'"
<br /> . ,_ , ty tru !eS Pracee�� S Y SN Y Sh _r�'t,��,,
<br /> , Propeny(such a4 a proceeding in banlwptcy.prabate,for condemnation or forfeittme or to enfon�laws or regulations).then ': :�'.�::.
<br /> ' , ' . I.cnder may do and pay far whatever is necessary to protect the value of the Ptoperty and Lender?�righu in the Property. =`�=�
<br /> `, : � � , � l.ender's actions may iaclude paying su�y sums secuned by a tien which has priority over this Securlty Insuumea�appeariag .
<br /> _ • .� , . �%. ia caurt.paying�easonable attmneys'fees artd enteriug on the Pmperty to make repaus.Altttough lxnder may take actian
<br /> " , uttder this P�S�Ph 7.Lertder dces not havc ta do so. ` ._
<br />_- ' ' � � Aoy amounts disbur.�ed by Lender urtder this paragmph 7 sha116ecome additional debt of Boirower socured by this , • '
<br /> ' : .. Security Instrument Unless Borrower and l.ender agree to other tetms of paymen�these amoants shall bwr intenest fram the -
<br />;_�,�_._ . _ . � � . , _.__ ' datc of disburscment at the YVate rate and shall be payablc,anth interest,upoa notice from Lender to Honower requesting . . �..
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<br /> "�. • �;- `�� :�- ' �, 8. Mortgage lnsurance. If L.ertder reyuired inortgage inwrance ac a con�tiort of making tfre toan�ecared by this � '� '
<br /> ' � • 5ecuriry lnurument. Barrower shalt pay the premiums reNuired to maintain the m�ngage in�urance i�effixt. if.for any � �, �
<br /> • „ rea.wn, the martgage i�.�urs�ace covecage rcyuircd by l.ende� laptiec dr ees�ec ta be i�effeci. Barrawer �ball pay the �
<br /> . • premiumti reyuimd to obain rnvcroge yuintanti�lly equivatent to thr mungage intiurartre pmviausly in effert. ut �cat � . ,
<br /> .. • ..
<br /> �- • --- r- • tutn.tantially eyuivatent to the cost M Barrower of the mortgage irtsumnce prcwiausly in effect.from an ahtmate mort�ge ,
<br /> . � ,,. ..-:---.. _._. _ in.rurer appn►ved by Lender. li cuhtilantwl{y�uivalent mnng�ge insuroncc cuver;�e i�a�t availat►!e.8omiwer xhall�ty to `
<br /> - � �• Lertdcr carh mnnth r�um eyua�tn anc•twelfih af the ycarly mongngc insurancr prcmium beins paid hy Barrna�er when thc � �
<br /> '.���•=-. • insurancc cavcragc lapscd or ccascd to bc in cffcct. Lender wiA:�crcpt,use and retain thcr•c p•rymenn ur•a la�s rcscrve in lieu E� '
<br /> .' . ,� . uf murt�ge in.cumnu�. ta�+r��+i�rvr paymcntv max ru�luttgrr bc rcyuirc�i.at thc optian of Lrndcr. if�nurtgage insursmce 1 .
<br /> . - - cover.�gc lin the am�+unt and frn the period that L.endcr requirer�prnvided by:u�in�urcr approved by Lender oyain becames j _._._ ._
<br /> . .,• �� � � �vailablc�ad i�ohfained.8orrowrr shall pay thc prcmiumx rcyuirrd ro mainwin mortgage�rnuranre in effect.or to provide a ( �
<br /> , � � • - - ;, �-��� los.w reyervc.until the reyuirement for mort�ge iasuranre endti in accordancc with any written�greement l+etween Baaower E-� �� �
<br />-, :, . . . . and Lendcr or npplicubtc faw. � . � �
<br />_ -'" � 9 lnspection. Lcndcr or its agent may make rc�sonab2e entricy upon rnd in�pectionw of the Property. Lender shull .
<br /> � Z � � give Bomnwer rtatice ut the time of or priar to an in�pectian specifying reuconabte cause for the inspertion. �• .
<br /> � � l0 Cmrdemmtion. The proceed.�ot any awArd ar claim for damage.r,din�ct or con.�eyuential,in connection with any !, .
<br />-- . ..�._'--...r.',,--'--- .- Siagk Famity..Fanpk MadFnddie A1ac L'�fIFARN 1\5T1i1:NEYf'-�Unlfmm Cmrrnant� 9/90 �poRe 3 o/b prrK[t! � . . .
<br /> , �` .: . To U�t C�M:f�B006�93xf O 7A1181&791�1131
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