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<br /> ' � �periGdsl�I.�odQtec�uieea. 'iLe iow[ai.�c Caiier p�ro�t�t im�[�OOE s�t�Ctilnnl b�r Boii�r�bjeCt p iie�i�r�i" '�
<br /> sppfi+r�l v�rhicl�.stiaU aot be�ambly iv�eid.�Yf BaRO�wet b�to m�ianin oc�rr�g�ede�cn�aboN�.I.�sider msy:at .� .
<br /> f:sndes�s optioo,o6hin�conraaEe to prolxt L�da�ri�Lts in ibe Ptopa�tY in aooc�no�wdh p�rngtipb?. . �.
<br /> � ` ` All iamoz�mce p�aodieoew�ts aL�t be aooepd�e ta l.+ead�er aa!si�fl�e�Qt:�d morr�►$e et� Ex�tkr ,`� ':� -'
<br /> ' slnil have�he right to L'aid 9�e pobcies�d noew�i.s. If 1�3er zoquues,Batmwa�11 ptomptlY S�ve to L�axler�ll.ieceipts ' .
<br /> of pand pr`em�ms aod re,oavin�iwt�o�.'In tbe�vtnt oE toss.Banuvna a6a11 sve�to�opt aotioe to tUe ins�noe c�rier ao� �
<br /> _ � . �. �Lknder.I.endar msy fialc�e.p��f�if not�poa�ptly byrB�oria+rFC �. . :,� .
<br /> � iJnless I.eodar�od Ba�coarer ed��aise sgcee in Mrtiting.�ai��sml!6e appliod w - ' •_
<br /> �estaation a t�a o� �` ; N
<br /> — � ��9�•!E sbe�taatioa•�np�a�aooQo�wIIy fdn'bie artd Leoder�s seatrity is tiot ksse�. If tbe . � -
<br /> . , �oia a Yepa"v is aot a:aoowiaiiy feas�'6ie or I�ender��y woutd b�le�metl.�r ias�noe'p i o ce e d s sbalt 6e
<br /> ` 'appl�ed to tl�e swaa se�uedby�t6is Savrit�t�neat,wbet}�er cr not ttiea du�wit6 any e�ss pnd�tp Bam�rer, ff .
<br /> �' � . 8aioweF shwdot�s t6e fi%pettq.a does aot��vidrin 36 days s notice�fmm t.eedes ib�tbe�carri�et bss
<br /> , ' afte�ad�o sude s claan.that I,.a�dei msy ca�bct flc id�raoo�p�ar�eds. I.ades may use tbe�caoc�s�o�ii a�te�xe `
<br /> tbe Ptopeny or ta pay stp�sacnRd Irir t�is 3,a�tY�tn�m�,whetha ar not t4m doe. 71u 30�day paiod aa'It 6e�Otr wbm ` ��
<br /> �notiee is gtye� . ' `` � • � ` „ :. '
<br /> Unkss L,aider�ud Hc�ower btberwise s�nee in writing;aaY s�pp�ian ot gtooecds to pr�al s6aII aE�e eaia�d,or" � ,
<br /> — pcistpone tbe due d�e ot We moiuhly paye�ma refened to�pa¢a�apfa 1 and 2 a dmnge tbe aRnoimt of tLe ptymGrra If f �
<br /> - qnder p�ragr�ph 21'the PYopeny is abquined by Lender.Eonower's rigM m any�oe po��nd p�ocoed! _
<br /> ._ — fruin d�nage to tde Plnperty prior w the scqu�saion sha`II prss w Lenda coYbe eueent ofthe smns setuted by tlris S� �
<br /> . Lastroment�oma�ately prior w the acquisition. � ' .' ,
<br /> __ . � � f. O�pap�e�.Pr�ea�`satie�, M�te�aot a� Fra�ediof ot fietProperty; Borr�ower's l.o�� A�liatio�; ; .
<br /> ,_ I.esse6oGb. Ba�mweE shaU occupSr,es�Wisb.and use tbe A�opetty as Bamwer�s p�incip�t re�dayoe witbin siaty days�tia
<br /> -- the t�tauqon of thia Sa�riq b�drduaait apd slpp cot�inae w oocqpy the Prope�ty as Boavwer?+principal srsida�e for st
<br /> -- kast 4u� Yr� afta the d�te of a�upao�y,.�leas,I.eoder a�i�envise ag�as in writiar� wincri cro�sa�t sh�U not be
<br /> - uru�asamblY withheld.oi untess ezu�n6ag c�oes exist which ane b�yatd Bonower�oantroL Raaowet alni!nat
<br />° des�roY,daa�ag�e ar uapa'v tbe Pmperry,attow the Ptopeiiy to deteriaat�a commit waste on tbe Pmpeity. 8ormwer a6�1! , ,
<br /> 6e ia default if m►y furfeiwne action or Pm�aeed'm8.wl�ethei dv�or cri�a�,�S hegun that ia l.endet's good fait6 judg�aent ,
<br /> could nsWt in forfeinu+e of the Pm�pecty or otl�wise mamially imp�ir the lieu c�eated by tbis Sec�uity Insb�uneat or
<br /> - 3.eadt7�s�itp�St. Bon�wermay c�ce such a def�tt atid�s�e.�pc�vldodin parag�ph IS«by sansirtgtbr�+coton . -
<br /> * ar prooeedin8 to be�'ismused aath a rnl�ng that,m L,enderk good faith detem�ea.Pncindes forfeiatte of the Barnawer�
<br /> 6�ocresc ia me Ptopacy or oaxr mater;al�pair�ent of rhe�en cssaua hy tkis S�mity Instrument ar I.enderi�sxaaity
<br /> ,,,-..:,, inte[est. Bonowec shall also be.in defaWt if Bormwer, during the laan apP�� P�, � �9���
<br />__ _= inaccurate infomratim or staoematts m i.ender(or fa�ed to provide I.ender witb aay material infom�ation)in coauearat with •
<br /> d�e la�evideaced by the Note.mcluding,bo�not limited Q0.�P��ons canceming Bom�wer's oocttpaocy of d�e
<br /> Ptnperty as a pzincipal nsidence. tf dus SeGinity In.wruir�a�t is oa a ka�ehoW,Boisower shall oomply with a11 the pnovisions .
<br /> of the tease. If Borrower acquins fee dtle w fhe prnperty.die leasehold and the fee dde shall nat merga un�ess Lender agas,
<br /> to the merger in writing. . .
<br /> , . ,,,,-���•�. T. Pt+�fios o�I.eeder'a Riabta in tLe Propertp !f Bormwer fails w pert'orm the coveaaats and ag�oernents
<br /> . --..`' contained in this Sec�uity inswment, or ttiere is a kgal proceeding that may significantly af�ect I.enderk rights in the
<br /> ..�._ .- , �'�.`: PrnpeRy(such as a procecding in banlauptcy.probate.for condemnation or forfeiture or to enfora laws or regWations).then
<br /> ,. .,*,�. -.-�
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<br /> Y. k..:-� - Lender may do and pay for whatever is nec�,�ssary to protect the vatue of the P�roperty,and Lender's rights in tHe Plrope�ty.
<br /> ?���:'`•�.< � Y..�_" Lender's actions may include paying any sums sa�ured by a lien which has priority over this Savrity Instiumeat.appearing
<br /> -".�jJ��iX'..'..� .'7. '. �
<br /> - _.,..,.,- .:: in couN.PaYing teawrwble attomeys fees and entering on the Property to make r�epairs.Althoogh Lender may take action -- --
<br /> - - "• under this paragraph 7.Lertder daes not have to do so. =-_
<br /> ��:""`, Any artwunts disbursed 6y Le�xler under this paragraph 7 shalt bocume addirionai debt of Borrower secuted by tlus � ��
<br /> ':_::�?�_ �, Security Inxtiumrn� Untecs Bornawer and Lertder agree to other terros of paymen�diese amotans st�all bear intertst ftom the °
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<br /> i-•�, da�ce of disbur.�entent at the Note rat�and shaA be payable.with interes�upon aot�ce frvm Lender,to Bomuwer requesdng ��
<br /> y . ,:. • PaYment . ' ' ' • ---�;:
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<br /> ,. -'-•: 8. M�e Insarance. Ef Lcndec�equirod mongage insarainx as a wndition of making the loan secured hy this ��� -
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<br /> -- :�.;�;':' ,. _-�: Security Instrumen�Horrower shal!pay the premiams�equired to maintain the mortgage insurance in effec�. lf,fos any -'`';=
<br /> reason,the mortgage iacurance.coverage requireA by L.ender lapses or ceases to be in effest, BoRawer shall pay the =�:t:'
<br /> - �,1�"�� .. �� . pnhnturps reyuired to obtain coverdge substamially equivalent to the murtgage insurance pnwiously in effect.'st a cost `
<br /> ,}�,;,.. :� substaatially equivaleat to tde cost w Borrower of the mortgage insuraece previously in efFec�.from an attemate mort�e ��:_; -
<br /> ; • insucer approved by lxnder. If substantially equivatent mortgage insurance covers�ge is not availabfe.8o�suwer sfiall pay w
<br /> �- .'� �.: . L�endec each month a sum equal to one-twelfth of the yearly mortga�e insura�tce premium bcing paid by Borroiver when the '«
<br /> . `�,`
<br /> - ��•: ir�urance coveruge lop.ud or ceased ta be in effect. i�ler wiU acrept,use artd retain thesE payment4 as a Ioss ceserve h�1'ieu . � , -
<br /> . . _ of mortgage insurance. Los.q reserve payments may no longer be required.at the option of i.ender.if mortgage insurance .� ,
<br /> _ coverage(in the arttount and for the period that Lender requires)provided 6y:�n insurer approved by Lender again becomes -
<br /> ,,;�� avaifable and is obtained.Borrawer shail pay the premiums required to maintain mortgage insurun¢e•in e�'ec�or to provide a
<br /> s : ,b - - loss reserve.unNl the myuirement for mortgs�ge insurance ends in accvrdance witfi any written ageement between Borrower
<br /> �f �.`.� ri:. and l.ender or applicable law. � . ..
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<br /> 9 Znspl�ctbn. L,ender or its agent may make reasonabte entries upon and inspections of the Property. l.ender shall �
<br /> ',..;;.: . • , ' give Bortower�atice at the�ttme af or prior to an inspection specifyin�r+easonable cause iar the insp�ectitm. , .
<br /> - � ' , 10 Coadem�qitbn. ?he ptoceeds of any award or claim for damagea,direct or eoRSeyaential.in conrtection wlth any .
<br /> :�=:.;:. ' ' Singtc Rrmity..taimk M�e/treddk Mac U�ItfriRM 11S'fRL'ME'K't••UoJortn Cavenanu � rp�r¢e 3 of bOd,eti!
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