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<br /> . . , periods t�l.euda�eqwi�s. 7be i��P��i�insar�,ce shait be ch�ser►bi►&xmwer iaubject w l.ender�
<br /> y �IpIVYi1 W�11C�i i��IW4 tfG IMI[CiSOIIi�RNN�1�IC�: ��OffOWtr ti��i0 QI�IIN7l111 CDK!!t$C dCSC�I��OYQ.�.�lldCf Iq�y.�t
<br /> Leudec's opt�oa.c6tain o�ve�e�u ptotart f�ends'�rights in t6a WopeA}�in accord�nce with pongraph 7. �
<br /> � , _ AU Io�e pQlissles aad reneNals sfali be accepubk to Lender and�hall in�;lude a u+rxiyrd moctgage ctauir:t.a�der
<br /> � �l have q�e ri�ht tc�hold tl�e pc�li�ies and t�enewals. [f l.eader cequims.Bamwer�li pranptlY give to Lender aif irceipts
<br /> , 3 0�p�id pKeniums ind renevv�i rwtices. 1n�he event of toss.porrovvef bdaii givc pram�trnotice w the insurancc cartkr and
<br /> i.ender. Lender�ury.miJce p+noE of lo�s iY not mad�c�xanptiy by E�om►we� .
<br /> ' _" �111CSf I.dldCt���3t�$i�C 111 YP1�ti11$.�I15Wg11CC�t1C�l��13����ICd f0 t7�it3�tt�OR#if�791I A�
<br /> � tbe Prvperty d�ed.iP thc c+esto�tian or cepair is eca�atsicaliy fa��ebk and Lendtr's xecuaty is not tessc�ect. If.thc
<br /> re�loratjan a t�ep�iv is iat economicafiy feasibk a.lendcr's socuntg vrwki be k.cser�ed,the insur+nce proceeds aIu►U be
<br /> �ppNed to the aums secur�d by this Sccuriry Insmima�r.wheUier ar nat then due.with anyr cxces.c paid to Eiomnwcr. !f
<br /> Bono�ra.ai�iaons the PEapeetg.or does aat�svvrr within 30 days a twtice fmm l.ender that tIx i�suamce caRier has
<br /> offercd co seale a claim,t6ep L.ender may colkct the insursince ptncads. d.endcr may use the proreeds to npaii Qr iestorc
<br /> tha PnupMy or w pay swns seouocd 6y thir�5ecurity Instrwnen�whett�er or n�x thee due. Thr 30�da�perial wilt begin what
<br /> the natice is given. � • .
<br /> Unkss Le�de�r and gbrrowcr otltervvise ugrcc in wriung.anp applicadore of pcucads to piinci�sh�li not eaund or
<br /> postponc ihe du�d�te of the montbtY PiYmcnts refined to in paragraphs i aad 2 or change[h4 amounc o€the psyroents. If
<br /> w�der puagrnph 2t the Prnperty is acquit�by Lender,Baerower's right to any insur,urce polieie.a aad pcaeed4 resutting
<br /> frQm damage to the Ptoperty pnor to th�xgui.�iaaa s�all pass to l.ende�'to the eaient of the sums secuKd 6y this Security
<br /> Insuument immediately pria to the acquisition. �
<br /> �i�. 'Ooc�pae� Pr�erY�lt�a�r. Mainte�ssce aad Proteetion ot the Proper�ty: Bocru�rer's l.a�n Appiicatio�:
<br /> lip�l��li� go�roryer shalt ac�upy.est�btish,aad use ti�e Fraperty as Borro,wec's prir�ipai r+esidence within siatX days ufkr
<br /> .the exavtiun af dlis SavretY Inshument aed shall conpnue to accupy tt�e P�vperty as Bortower's principal nsidence for at
<br /> kast a�e qear after the date of aecup�y,`anies� L.ender aherwise agetea in writing. which ca�sent shati not be
<br /> . �ufrcaaoe�bly witt�hetd.or unkss eateauatinS cirraunstu�c�s exist wi�ich�e treyond Bormwer's conual. Borrower shall not
<br /> ' destroy.damaga ar impair d�e Pt�perty,allow the Pnope�ty m deuriorate,or commit wasle on the P�vPertY- Bormwer shall
<br /> be in defaule if any forfeitute actiae or pmcading.wheshes civil or criminal.is begug ttsat in L.ender's gaodfauli judgment
<br /> csntld tesulF ut fosfeitune of the F[opertyor aherwi5e materially impair the lien c�6y this Seeurity fm-srument ot
<br /> � . Lend�er�s security intetrst. Boauwgr may cuie such a defautt and ninstate.as provided in�ar.�„�E8:by causing the action .
<br /> or proceeding Eo be dismissed wiih a ruling tha�in Lender�s guod faiih determination;pneetus�es ietf�isre of the�Bamaaer's —
<br /> ' intenst in the property or other mate:iaf impairment af the lien treated by this Secc�ty E�S�cre�t or Lxnder's securiry
<br /> interes� Sarmwer shall also lie in default if Barrowe� during the loar� applica[i��ess,.gave materis�ly false�ar
<br />- i�ac¢mate infom�ation or siatemeats to Lender(or faited to provide Lender with any►�.-rrial i�'armation)in connectian with
<br />= the toan.evidenced 6y the I�; ineluding. but not limited to. representAtians conceming Borrower's• occupancy of tfic
<br /> properiy as a principal residence; Jf this Secucity Insmtmenf is on a lea�ehold.Borrower shall cam�+iy wilh all the provisions
<br />_ of the k�se. If Borrower acqui�s fee tide tv the Propeny.�he leasehold und the fee titfe shail not merge untess l.ender agrees-
<br /> - to the merger in.writing. , :.' . .
<br />__ 7. ProtecNon d La�d�r's RigLts inr:.it�e Prupetty. If Barrower fails to perform the covenanis and a�etnents
<br />- eaMtained in�his Security I�ment,or there i�a Ie�al praceeding that may sigtuficantiy affect Lend�r's rights�n the
<br /> = Pr�petty(such as a procced'urg in bankruptcy,probate.fas cbndemnutian or forfeiture or ta enforce taws or regalations),then
<br /> - l.ender may do and pay for whutcver is necessary to protece the value of the Property nnd l.ender's•righ�s in the Properry. .
<br /> - i,ender'�ssccti�ons may include paying any sums r�ecured by a lien which has priority ovec this Secz..--i.y lnstrumen�appeanng
<br /> ` in courl.paying�asonable attomeys'fees and entering on the Property to make repuir.s.Attiu�c;,-�:�Lender may take action•
<br /> under this parugraph 7.Ler►der does not havc to do so. .
<br /> Any amounxc disbursed hy Lender under this parigraph 7 shall become ad��v.�.a:de�c cif.�rrower seccvcd by this
<br /> _ Security instnimenc. Unle.ss Borrower and Lender agnee to ather tcrma of paymem,tlse_r•e ar.�oc:ce�:°»;1 bcar inc.Fr�-s from thc
<br /> date of dislwlscment at the Note rate and S1Yall be payable.witb inter�s7 opon notice from�'r;.�:ro Bbrrb�c�.�s�questing
<br /> - paymenG . � '.. . •:... � ": : •
<br /> S. Mort�tge lnsurane� If Lender�,�:�ired mori�ase insurance a�a coctd:�sa.y af ma�s�='�.t'�e loan��;�euied 6y tFtis ,
<br /> - S�eurity Ins�trument,Borraw�r s;rall pay tts��C-zmiucn�r�quired ta main�nin the:.*.ic�.�e irrs�r.�rce in effc�:�. if.far any
<br /> reason, the martgage ins�ancx:coverage required byr �.ender lapses or ceases ttii t� in el'feiti. 8arrower shatl pay the
<br />_;,: pnmiums required to obt�in.�overage cubstantis�liy eqoivalent to the mortgag� irrscta�ce Fc�wn�sisly in effect. at u cnst
<br />;��� suintantially eyuivalent to the cast to Borrower of the mortg:►gc insurance prev�ou.r•ly i�r effe��.��:n:�n aitemate mortgage
<br /> - insurer apprdved by Lender. !f snhctanti�lly equivulent mortgage insurance cavcrage rs r.csc a..�:�..31e.Bornawer shall pay to
<br /> — Leader cach manth o sum equal ta one-twelfth of the ycarly mortgagc insurance prem:riri:C+�n•4 paid by Borrower when the
<br /> i�+urance coverage lapse��r eeased tv be in effect. L.cnder will acCep�,utie und ret�irr:�.�!'�-.i:��aymen�r•as a lass reserve in lieu
<br /> ` of mortgage�nsurance. k�c�cy reserve payments may na innger be require�l,at ihe•'ir'.�?SA oFLCI1JCt.if mortgage insurance
<br /> = cmeruge fin�he amaunt�:ci for the periaa that Lcrn.�cz sequices)pr��vldcd hy.�n i���'er.apprnrect t�y l.cndcr again GeFames L
<br /> Y� uv�ilable sand s.4 4btaincd.Flortower shal��a�the Bre:'"::mc ccyuircd to maintain r,_c�r,-w_e insurru.r�in effcct,nr to pravide a
<br /> lacs reserve.unri!the tequirement far mo�T��c insurs,�:e ends in arca*'.4r.ce wi�[i x:y.ritten a�reement betwcen 8urrower
<br /> • :�nd Lender ar appiicable!aw•. �
<br /> - 9. Inspeclbn. Lerct:t ar its agent may malce c'wsnnuhlc cntricc u�wn an6��:�tion�of Ihc Ptvperly. l.cndcr�hall _
<br /> give BaRawer nmice at the time of or pric�r ta:�n invpec�ion specifying rea.r•anable c::a,.z:'�r i:x inspectian.
<br /> 10. Condemnation. 7T�e praceeds of:►ny awurd ur claim for dumugev,direct cr car-�eyucr:��af,irr conneaion witb nny
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