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<br /> . �QIlw��liC6�I���y M�Cb: ��O�ION�E�}�b�i0t#j110oYlf1�E • 1�i.�t' � . < ,
<br /> �' a �,etides4 oRtioa,a6lsit co�vei�e b�I�iiec6l�der's it�ie�topett�itt a000id�eoe"widl��pL `
<br /> � ��i�ioo�ep6ii�s��vi�l�1F 6e�pF[��r,ae� �• Y"�� - . -
<br /> sbalt'i�:�taid�d
<br /> ' '�dl have ie ri�it b Loid the poricks�d no�ri�s-'�f Lq�der iequu�.8aaowr�sipll P�P��Y O�e t41�e�de�sU eooaip� .
<br /> ' •.�R�!a.p�niuros and rmcw�T.uo�bes..In tbe�et uf 1oss.Borto�vet�ll give piompt notioe to fie imaranx c�rier� .
<br /> _ __ :._l,eoder Le�de�itniir�e�nioif nf lassi�mtm�de pom�dy(r�r_Bba'(i!Met._ ` ' ' ,` � � .. '_,_- ,
<br /> • Uale�s l.�entler ae�l#+oRmwer dUerwiae apee w wru��ua�e:P�oaeds st�6e�ppl`�od to iies�c�iboa�r nep�iF a�< , .
<br /> t6e ptope�ty�if tbe re�taacio�t�or i�ep�ir is eopaomiic�U9 fessiMe�od I�endet'�sacuruyds rot tes�eaed if lbe. .
<br /> • testa�tion arn�air is not ecaamicai[y feas�'tiie cr i.et�der�so�vzitg�oatd be les.teeed.dK�smaroe piooeals�be'. ��
<br /> � � �wpQGed.to tbe so�ns sectited Eff`this Seciuity�neni,ailieBkr.or not dku�IC,.wl�lt.ny e�ctsss Pa�too Bonawer. .ff .
<br /> ' �on�re�'�bitd4ri��d�t�Ptvpe�ty.or does�aoE��w�e!+�ril�!�n�+lays a aotioro¢fcan t.ende�it�be�nsiraaoe-�a�ia�.,- '' .. :'
<br /> afferod tQ xttJc s c1a�d�atLe�oda.nt►y c�l�c�d�.�P'� j�����P�10 a testoa
<br /> ' •• tbe l�opectq nrto�ay�nms secu�e�6j►�Secwi►Y b�onuner�t+�6e�a not Wen dne. '1bF�Y P���� '
<br /> • ttic iaoticCis sivoer. ` ` . : - � . - • . �
<br /> . • � ` Unkss 1�ier and�wbetwlsa a�e in wriW�&mY appU�ion af prcoeeds w p�incip�l'sh�tl[nnt e�t�end ar . `
<br /> . postpoae the doe date of ihe moqtNlY I�Y��eferied to ui p�gnphs 1 an�2 a'dange�e amoamt of d!e P�ym� �
<br /> uader paiagraph 21 die Rupe�ty is aoquirod by l.ender:Barovver�right co ang insu�snoe poTicks s�d p�uceecB muldo� <
<br /> ; � (r6m d�t to d�e Pmoperry`prior to the saqq�aorz sha{I p�ss W r.e�ede�w tbe exoent uf t6e�ms sec�n�d by t6is Sa�y ,
<br /> � t��e�e�y P�w m� uon. . � • .
<br /> 6 Ocnprch Fi�+perriMioi,�te�awut s�d Pe�ota�tioa �It tl�t Pe�o�atr;aarru�er's I.a� AppYiatiow; . , ,
<br /> . � Lea�oids.,Boauqrer�shall occupy.e�tablisb,and nse the as�onoviret$prmcipa!nsiden�x within sisty dajs af�er • ..
<br /> �the exesvNba vf this Secoriq Instrument aad�c�oatiaae�py the Plepa�ty as�ort+�wet'�principal�sideae+e fa at '
<br /> kast ooe.yrar afra d�e d�te of uocupaocK �mless l.eader,atlKrwise a�ees iu wnting, wUich cansrnt slnit not be � .
<br /> mn+a.wnablY witW�eld,a m�kss cxteauatiag cu�u�ano�exist whiFh a�e beyodd Bona�ver�c�antrol. Bormw�er ahall�wt
<br /> '�Y.�Bt��P���Y,allow the Ptuperty.w deteriorate.tx'coa�mit wi�tc aa t6e Ptnpetty. Bo�rowa shsn -
<br /> be m defaalt if any forfeldue action or pco4roed'mg,whether�ivil or craninal,is beg�m tt�at in Lender�s good fait�lodg�t�em
<br /> ' cqnld tes�tlt in fafei4ue of ihe Piroiperty or ott�etwise materially impaic d�e Gen cr�eated by this 5ecauiry L�or . .
<br />_ ��sec�dty inaetest Borcaavermay cans�ch�defa�ilt an8��as pc�oviAMn��lr�S,ay c�g the actia► _ _
<br /> _ or p[uc�eeding w 6e dismissed witb a raling d�at,in Le�xiet's guod Paith detertr�inatiun,Prectudes fotfeiNr�e of the Bonoaet�s
<br /> - — iti[etes[�d�e Ptopetity or ather material impaitme�t of.the liett crcated by this Security inctn+�.+�ot l.endet�s&ecurity
<br /> . -- jnt�nst. Boimvrer sha0 also-be in default if BorreweG during th�loan application ptuca.s.gave maurialIy falsa or
<br /> _ ius�carat¢inforatation a statements to L�ender(a failed to pmvide l.ender with any materi�l infornmtion>�n ceiu�ction with .
<br /> the losn evidenved by the Note. inciuding;but not 1'united to,c+eP�+esentatirn�s conoerning Ba�rower�s accupancy of t1�e
<br />--- Pmpe�ty as a princtipai nesidenee. If.this Security Insanunent is on a k�.gehold,Boroawer shall complq with all the pmvisions :
<br /> -= of the lease. If Bo�mwtr acquircs fce title to the Pmperty.the te�asehold and d�e fa atie shall not merge unkss Lender agroes .
<br />- m the merger ia writing. , . .
<br /> • 7. FrWetEioe of t.endes's Ri�bts te t6e Fr+upa�t� If Borrower fauls to perform the oovcnants aid ag�e 4
<br /> --- . c�tained in thi�Secudry Insuumem.or tl�ete is a legal pmccxding drdt may si�camly affoct l.,ender�s rig th s "�m�the
<br /> Pnoperty(such�.s a proceeding in banknrpt�y.probate•fot co�emnation or forfeiare or w enfance laws or rrg�aladons).tUen �
<br /> l.ender may do and pay for whatever is necessary to protert the valae of the Pmperty and l.crrder's righu ia the Property.
<br /> lender's acti�c may include paying any sums secured by a tien whieh has priority over this Security fnsuumen�appearing
<br /> in eoan.paying�sonable auomeys'fees and entering on the Ptoperty to malce repairs.Although Lender may taice attion
<br /> - under this paragraph 7.l.ender daes not have to do so.
<br /> My amamts dis6ursed by Lender under lhis Pam$raPh 7 shali bec�ome udd�itional debt of Borrower secu�ed by tDis
<br />- Security lm�uume�. Unless Bomower and L�ender agree to other tcrms oi paymen�these amoums shell bear intet�est from thc
<br /> date of disbursement at the IJotc rate and shall be paya6le,with intenes�,upon notice fmm Leitder to Bomuwer rcquesting. �
<br /> ��� �
<br /> M�Insuranc� If Leadcr r�uircd mongagc irtcurance sr�o�bnditian ui m�aking the loan becured by this �
<br /> ���-�� Security.lnsuumen�Bortower shall pay the premiumc required to maintain the mortgage iacurance in effec� lf.for any
<br /> ,� � � reason. the moAgage incurmtce coverage required by Lender lapses or ceases to be in effect. Bomnwer sh�ll pay the
<br /> '•'�f`��' premium�required to o6tain coverage subgtantially eyuivalent ta the mortgssge insur.�nce pnwiously in effect.at a cost
<br /> � r=`'`�'�='� snbstaatially equivalent to the cost to Borrower uf the mortgage incurance previausty in effect,from an altemate mortgage .
<br /> ° ��� insuter approved by l.ender. If sub�[untialty equivalent mort�^agc in�urdnre coverage is aot'availabte.Borcower shall pay w
<br /> »�`'-•'-'. l.ender exh monih a sum equal to onc-twelflh af the ycarly mo»gage inwrance premium being paid by Borrawer when die .
<br /> ��'�; insurance carerage lnpsed or ceased ta be in effect. Leader wifl accept use aad rrmin thesc payment�ac u loss m•cetve in lieu -
<br /> � �'.:�
<br /> .. of moRgage insurance. I.oss re5erve paymen��may na langer be nyuired ai the option nf I.ender. if mortgage insurance
<br /> �,;�.:'_l
<br /> re:e
<br /> , coverage(in the amount and for the pedad that Lender reyuites)provideA Dy Ln imurer Appraved by L,ender again becomes
<br /> ��`'" available and is obtained Bo�rower sha(I puy the premiumc reAuired to maintain mortgage inwrrmce in effect.or to provtde a
<br /> ,. ,:..� .
<br />_- ;:;-;;;:��' r !o'ss reserve.wuil tfic requiremem for moegage imurarxe endY in uc�rdiutce with any wrltten agreement between Borrower ,
<br /> .`+7'... ' and Lender rn applicable taw.
<br /> �'"'� � � 9 Iespectbn. L.ender or l�c Agent may matce reasonablc emrirti upon and im�pcctianx of the Propetty. l.ender shal!
<br /> . " � ;i'- give Horrower r�wice at the timc of ar prior to an inspa:tion spccifyin�reawnuble cautie for the in.gpertivn. �
<br /> � j:�;,;'• � 1Q Coedenutttlou. The praceeds of any uw�ard ur claim tor damagew direct or conseyuentiai.in conneetion with any
<br /> n• . . Singte Famlly-•i'�nnie MadF«ddie Mac UNIft1RM•IKS'fRUM�M1T-•Unitortn Covemnts �/1i Ilpxe t nlhP'oRr�l
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