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<br /> '_ �,�C� tl�Gi 111iJf!lli�C QISIO�O��OS9!f DO[fO�C pI00�ljjt�t�QTOWC� ' � '�- - `--
<br /> . , unfess I.eaa4r ana Boaowa aMw;se agroe in wriUug,ins�oe pmc�ds sti�lt..tx�ppa'ied to�oorst�oa or irp:ir ot' -- _
<br /> � ,- ti�PYV�eRy daa�ed,if @ie�estu�oo or`repair Et'ax�oomicaify feas►'bk atd Lendet'�a�ty ic riot�a�od ff tlie
<br /> n.staanon ar repa�r is mt�y`fa�'blt or Iinder's sewdty wantd b�ks.stned.t1x�u�sur.�os�sMil pe � � .
<br /> . �p1'ied to t6e s�s sbcu�ed by�is Securi[y InsantimeN,a�r�ar nat tA�dne. v�t�eu�ss p�id to Bor�u�r� if�
<br /> . .Bc�io�erot a�k�ns�a�m�wty,er does tipt�nswer witl�30�days a noti�fmm I.endes:tlat the�noe cartie[ies .
<br /> ..oiie�d to sdrle a clanp.d�en I.enda mry cdlect tbeituiva�icoe p�ooaeds. I.a�fier may use tbe pnao�eds to rep�ir or tesicxe .
<br /> — , d#e Proper�y or w pay wa�s sectmed by t6is S�r Instnunent,whther or not t6en due. 7fie 30-0sy pbriod v►n'I[6egin wfiet►,
<br /> �notieeisgiven. . .. ` � �
<br /> lTntess l.ader ard Borrower ot6eca�ise agroe ia writiog,aay appliwtian of pr�s to principal s6all not extend or
<br /> - postpone t6e due date of tlx mor►th1Y FaY�nfemed to ia parag�aphs 1.aad 2 or change the mmo�mt of tbe payments. If
<br /> . .onder pu�agrapU 21 tbe Aoperty is aoq�iic+ed by l,ender,Barrawer�riglrt w aay inso�noe policies aad prooeeds irsuitieg � ,
<br /> _ . f�am d�nage to.ih P�vpeny gaot ta t6e acqa�ioa s6ari pass w 1.ender td'tiie extent of the stuns saured by Qlis Security
<br /> Insinm�au immedi�te(y prior to the acquisluon. •
<br />- 6� Qcnp�c�P�vat�oa. M�te�ce sad Pe+ntectioo ot!be PropMy: Boreower's Lo�a AppQatioa; - `
<br /> _ ' Leauboid�. Borrower sw1I occnpy.esta6lisU,ana use ine,PropGSty as Homnwa�prtnc;pat nsi�ence Within si�ct�►asys aher
<br /> � , 1ha execotion ot dus Secutigr I�anent and shap caatinue to occupy the Prope�ty as Boaawu�s principai re�dence for at `
<br /> � li�t one yqr after ti�e date o� accupa�x.y, unkss t.eader odxtwi.se agnees in writing, whic6 ca�sent shstlt not 6e '..
<br /> ' �wne�abty widideW,;or unless exanuadng circumstan�xs e:Lst which a�beyond Borrower's canaol. $oi�+awer shaU noE
<br /> _ , . des�my,da�e or imp�ir We Pm�perty.al�ow ihe Prppiat}�to deteniorate.or commit waste on du Property. Bormwer shaA - .
<br /> ' be bt default ff aay forfeIpae acdon ar pra�ding,arbethet civil or criminal.is begun thgt in Lender's S��J�B��
<br /> _ could tesuit in forfeipi�+e of ihe Ptapecty or Wh�rwise�materially impair ihe lien cr,eated by this�Sxurigr/nsuume�or
<br /> - ta�nder§savrity int�est.Bon�n�ver may cu�sitch a'defa�lt and neinstat�as�provided in parnngrap�t IS,by causing�l�actiort� - -
<br /> � or pirocad'�ng w be dismissod with a ruliag that.ia Lender's$oad faith•det�nninatio�.{mecludes forfeitn�of the Bomuwer's
<br />_ , Intenst iu the Propeity or wher material impaimiem of ti�e lien cn�ated by this Security InsuuAtent or l.ertder's securiry .
<br /> ` intetrsi. Borrawer sl�all also be in default if Borinwer.during the loan application.process, gavc materially false or
<br /> ` inaoau�atc infonnation ar statematts w I.ender(or fa�'led to provide I.ender with any material infom�arion)in oormi�ctian with
<br /> _ the loan evidenced by�t1�e Note, inciuding. bat aat limited fo. �epresesuations concernuig Boimwer�s occup�cy af the
<br />-,�: Pmperty as a prnuipal tesidence. lf this Sccurity Insuument is on a leasehold,Bomuwer shail canply with a!1 the provisio�
<br />- of the lease. If Bot�nwer acquire�fce title to the Property.the leasehold and the fe�title shall not merge unless Lender ag�ees �
<br />- to t6e merget in writing.
<br /> �= `T. PtotMiort d I.endee's Ria6b in t6e Peopertss. if Boriovver foi14 w perfomt the eovenants and a�oemetus
<br /> �� c:ot�tai�}ed In this Security Licamnen� or there is a tegal praceeding that may significa�uly affect L.ender's rights ia the
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<br /> Property(such as a praceedmg in bankn�ptcy.probate.for condemnation or forfeiture or w enfo�e laws or regulations),then ,
<br /> � � . _,, Lender may do and pay for whatever is necessazy w pcotect the vutue of the Property.and Lender's rights in the Property.
<br /> � '�"� . Y PaY� S Y• Y Pn Y Y AP� S
<br /> � ;�� r��` Lender's actions ma include n an sums secured b a lien which has orit over this Securit Insuumen�a n --
<br />- � � � �'.. �. in coun,paying reasonable attomeys'fees and cntering on the Praperty to make repaira.Altfinugl�Ixnder may take action ��_
<br /> �"" Y r°`=�'�'� under this 7.Lender daes not have to do so.
<br />_ P��P� �_-_:
<br />_ `-�. My amo�mts disbwsed hy 1 ender u�sder this paragraph 7 shall become additional debt of Bornower secured by this �_-
<br /> Securi Innmment Unless Bmmwer and Lender a to other tcKms of a ent.these amounts shall bcaz interest from the �"'-
<br /> tY 8� P Ym �-:..--
<br /> � - „ date of disbursement at the Note rate and shall 6e payable,with interest,upon notice from Lertder to Borrower reyuesting ----
<br /> .�__• Palnnent , , ��==--.
<br /> ..a:�-:: ; = 8. Moetgage Insurance. If Lender mquircd mortgage insurance as a candition of making the laan secured by this -
<br /> "-e�:.� � Securt lnstrwaeat, Borrawer sdall the wn.s -
<br /> ' ty pay pnhni required ta maintain ihe mort�e insurance in effecG 1�for aay
<br /> _ _ '`�,• rea.gon. the moRgage insurartce coveruge reyuired by l.ender lapces or ceares to be in effect. Bortawer�haU pay the
<br /> '�`��'"T�` ' pr�emiums reyuired to abtain coverase substnntiaily eyui�•alem [n ihe mnrtguge inwrance previously in effec�at n co.t �
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<br />� '"_< `�`- substantially equivalent to the cost to Borrower af the martgage in�umnce previou+ty in effect.fram an alternate martgage '
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<br /> �n• • in.curer approved by Lertdet !f substantially eyuivalent mortgage insurance coverage iy nnt uvailable.Borrower shall pay to �''°',�.�
<br /> . �°n'�� 54 � Lender eacfi montb u sum eqiml tn ane-twelitfi of the yearly mort�re insuruncc premium bein�paid by Bomower when the -
<br /> �.•.�,
<br />_ _ � -- - imurance coverage la�ed or ce�ed tn be in effecl. 6crtder wil!aceep�,uxr:md retain�e�yments s�.v a knti n�erve in lieu
<br /> -` �^�"..�.�•� of mongu�e.insurance. Loss reurvc p•rymenty may na t�mgen c�reyuircd,at thc optiun M'Lcndcr,if mangage in�uraacc
<br /> '�° � """� covernge tin the sunaunt and far the period that Lender rcyuircs)ptovided by un in�urcr Apprnved by l.�.mder ugain becomes
<br /> =�'•=.� ���� available and ix ob�ined.8onower tihull pry the premiumti n�uintil tv»iuintuin madgage inwrame in effi�4 ar w providc a �.
<br /> -' ' bs�rcwerve�until thc rcyuirement fi.r m��rtgage in�umncc cnd�in dcc��rd:�ncc with any writtcn.igrccmc�t betwccn&rrrowcr '
<br /> ��`,.�r�•� � artdi.enderrnapplicublelaw.
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<br /> i2r�� 9. [nspectton. Lcndcr�r itti agem may makc rc:�a�nublc rntric��u�m sin�l in.�ccti�m��►f thc Pmpeny. Lrncigr tihal! �
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<br /> � . �, ,-.•: give Barrawcr naticc ut tfic timc uf�r priar tu an in�pcctu+n�pccifying rca�nnaMc cau.c fi�r thc in�pcctiun. ,
<br /> , 10 Condemnatbn. ?hc pr�xcedc oP.my�aw:ud ur claim f�r damagc..dirrct wr run�cyurntial,i»r��nnccti�m with any ��
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