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<br /> ' i p��s t�E Leader toqui�er. 'I1�e in�[aece carfeir pv�idiaf dre.+n�w�s6a11 be ct�asen bji Bonuv�er:�bjec!w Lrnder's
<br /> ' �pp�orat wt�icb sh�lt npt be unea�e�bly wNLLeld. If�tow�ec fai�s w ryiai��n cm+erage descrf b¢d�tbgv��.ender m�y.ae
<br /> , L,a�de��s option..ob��covua�e!o p[�otecK L,en4er's rijhts ia�he Pt�RnY in xcnM�cc w►tA para8�aph 7: ,
<br /> .. A!i insirit�se poi�cies�d terkwva!-4 a1wU tic accepabie ta Lcnder�ad,shalf include u st�nd�'a mortgage clwse l.ea�tr
<br /> po c e
<br /> ' stsWllp�ve tl�e ritht o0 8oW d�e poticie�aad�enewals. If t.ender req+iizrs.&xmw�erihali prompi co thr insa�unc� arricr a d
<br /> �f p�id pemiums�ud�enewal aotices.:In the event of lass.Ba B o�s�hait give pcc�mPt
<br /> ' Lender. l.a�der maY�m�ke Proaf of lass tf not rtade P�P�Y bY �ydall!+e uad tn rcstamtion_o��epair of
<br /> - Udess tieodet�d�eratlxtwisc�gre�ia x�iting�i�ur,�►ee pr�aed' appJ .
<br /> � tbe`prvpettg twna�.if ihe restorytiatnr,�tpaur is cconoinkaUy fe�sibie and Lcader's sccunty is not lessened. If the
<br /> �tion vc�epir�s not eca�misal�g fe�sibk.oc Lender's security wouid be tessened.the irtsur•u�ce�eocecds sfi�li be . .
<br /> ' applie�w the sdms secuied by this Security Instmment,wUeU�er or not tixn due.with ony eaceti+ptid 30 8amwer. IIF �
<br /> ,. Ba�aw�a ab�ndt�m dic Pcope�ty.u�doa na amwer within 30 days a aatiee from Lender tbat the insurytce cariier pas , .
<br /> � , d�aed w segie a�ci�im.thm Ltnder may cdkct eAe�ns�innce gcuceeds. I:ender a�ayr use the pcocee�s to rcpair or cestarr
<br /> �p�y�to p�y s�pns'savmt by Ws Sacarity tna�nn�c�t.wheti�er or�at thert du�. 'Fbe 3U-day�eriad will 6egin wl�n .
<br /> �����v�' � u�ation of to i shali rat extend or
<br /> --- i_; � _.__ ��l.esma and FoQav�rer olherwi�e.agae in writing.any appt' P�� p�P�
<br /> � postpoire the due due af tbe manthtY PaYr�ts refared to in parag�aphs i and 2 or change the amaunc of the�+y�irents. i€
<br /> ueder�rsgtapit 21 the PmP�Y�x9���3't.atde�Bormwers right to at�}insur�tce polieies ana proceeds rc�itiag
<br /> �����p�,�y p�c�r to tt�e xquisition sUaU p�s to Lender to the extcnt of.the'svmc seeu�+ed dg this SoeuritY
<br /> [nsuumaR itn�aediately prtor to the acquisiuon.
<br /> �, � pr�erratia�, Ma�teaa�te a� ProEectba of the Property: Borrovrer's Lws ApplicNide:
<br /> i.eMeiMti�. Bort�cwer sf�Il accupy,esta6lisG.aad use the P�opeKy as Borrower's pnr�cipal reside�ce within sisty days afut
<br /> _�exerutiai of tLiis Sa.urity Insumne�aad shall canrinue to accupy�t�e Ptoperty as Barow�s pnuciP�l residenc�s for at
<br /> -- - fast aoc yea� afier tife d�e tsf o�in.y.:nnkss t�der otts�rai.•e ag�s-it� tvt3ting.-which-consent shall nat be
<br /> � uQeaso�bly with6eld.or unkss ex[enuating`cacwRStances cxist which ane beyond Bonower's coateol. Bqrower shalt iwt
<br /> �y��gt a impair the prope�ty;attow the Propercy to deterio�a[e.or cammit wast�aa the Pmneay. Bomawer shall
<br /> be in default i�any forfeinme�xaan or p�viceeding.whether civil ar criminal.is begun that in L.ender's good faith judgment
<br /> c�uuid cesuit in�forfe�ture of the Propecsy a atherwise materially impair the lien created by this Security lnsuument or
<br /> Laider�-s�ty� ��►Y�such a defs�ult and miastatc.as psavided ist parag�aph 18,by causing tiie action
<br /> _— or p►viceeding to be dismissed with a tuling U�at.in Lender's good�aith determination.ptecludes forfeiture of the Sorrower s, .
<br /> inarest m tt�Ptop�rtY a wt�e�m����ml���of;he lie�created by ihis Security Instturttem ar l.ender's security� ,
<br /> inte�. BoROwer shall atso be in def•rutt if �ortower.during the loa� application process. gave �naterially false oc .
<br /> inaccuiate infosmation or statements to Lender(or failed to pmvide Le�r�er with any material infoimauonl�n connection with ,
<br />- tbe toan e�a�d bY � Note.inclading.bui nnE limited to. ce�tatians carsceming_Borrower's cecupar�cy af[he •
<br /> �; prope[ty as apcmcipal issidence. If this Secnrity lnsuument is on�fem.'hold.Borrower shall comply with all the pravisions
<br /> ��l�s� tFgpROwer aoquiies fee tiQe to the Property,the leasehatd and the fee utle chall aot merge untess l.ender agmes
<br /> cothe�in writing.
<br /> �, pcstd�doa d l.enda''s Rights iu the Fraperty 1f Bomawer fails ta perform the covenanu and agreements
<br /> contasre� iny:ti�s Secunty I�.ctrument. or there is a legai proceediae that may sigmfccanety affect l.ender's rights in the
<br /> Propetty t�:fi as a pnoceeding in banktuP«Y•P���•for condemnatfen or forfeiture or to enforce laws or reguladans).then
<br /> _— i„endcr may do and pay far whatever is necessary to protect che�aiae af the Property and l.ender's right�in the Proprrty
<br /> �r�der's actions may include paying any sums secured(s}r a lien which has priority over this Security lnst►ument.�ppearing
<br /> 'vi con�t.paying reasona6le attomeys'fces and enterin�an the Praperty to makc repair.�.Although l.ender may take action
<br /> �ndet ihis paragraph 7.l.ender dces not have to do so. •
<br /> qny aa�ounts d�s6ursed by I.ender under this parags►ph 7 sf�a.l}.become adclitianal debt of Bocrower secured by this
<br /> Socuriry Ias�qmen� Unless Borrower aad t.ender asree to'otl�er te�s':f Payment,these amounts sholl bear interest fmm�he
<br /> — date of disb�sement at the Nate ratc arx€shall be p�s�!e,with ir�',�v�:s�.upon noticc from l.ender to Borrower reyuecting
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<br /> " �g.��Mattg�e 1�snee. lf Lender required rsvingage insurance as a rondEtion of mal:ing the loaa secu�ed Iry thic
<br /> Serurity I�ssi"...ment.Sorrower shall pay the premiums required to maintain the mongage insurance in effect. Tf,for any
<br /> teason�.d�rt�rtgage insarance covcrage required by l.ender la�-ws ar ccases ta be ip effect. Borrower shall pay the
<br /> • ptemiu�s��ired ta ubtain caverage substarstially equivalent a� rFe mongage insurance previously in eifect, at a co�t
<br /> _ s,��staddaliy equivalene to the cost to Borrower af the mortgage in+urance prev�ously in effect.fr�m an altemate mnngage
<br />- - " iirstmr approved by Lender. If sab�tantialiy eyuivalent mortgafic intiurancc roverage iti not available.Barrawer shall pay ta.
<br />- �fi.ender each month a sum equal ta anc-twelfth of the yeariy mortgage invurancc prcmium hcing paid by Borrou er when ihe
<br /> insurance cdverage lapse�ar ceased to be in effect. I.ender will accepl.u�e and retain the+c payment�as s�las rescrve in lieu ,
<br /> of mortgag�insurance. ,�.9ss resen'�F31�tne�1�may no ionger he rWuircd,at the�mtion af l.ender.'sf mortgage intuvance
<br /> coverage(i1n the amouc�t a�sd for the pe�:ad th�t Lender requires)pm��dtd by an in�urer approve�!by l.ender again hecomes
<br /> _ � av�ilabie and is obtaincd::�rrowcr shall PaY thc premiumc requircd to maintain mongage in�uraR�e m effect.ar to rmvide a
<br /> - �, loss reserve.unti!the n�yuit�mem for mortgagc imurancc en�s in accurdance�ti iili sny wnitcn agreement beta•ecn 8arroaes
<br /> ` and Lender or applicabi�l,3��r.
<br /> �: 9, lnsp�ctlna. Lendcr or its agent may make reaannablc entrie+upc.vt::i�d in�pecti�m�of thc Prapen�_ o.cnder tih�lt . _
<br />� ' give Borrawer noiice at the timc of or prior w an in�pcction ypeeif}��rr��r.:,,�or.:,:L•1���sutc far�he in�prction.
<br /> - 10 l'ondemoatbn. The proreed�oi:+ny award nr rlaim fc�r�i;;m:l,e�.d:rert or con�equenei:+l.in cvnnectian wuh aity� _•
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