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<br /> ,ppovai«b,d��h.0 na be wreasaoably.v�eia. If sonower raits w msint�in ooveraEe aescibea�bavG.t.a�ae.,n.y.x • .
<br /> i,ender's aptiae.o6faio covaage to pcotect Lender8 rigMs in 1�s R�ope�ty in AcFoc�Oe w�itA Pus�r�pL 7.
<br /> , ' Ali insaraoce Poiicies aad ienewats staU be aaoepta6k to Lstder a�xt shait inciude�shrdaad matgage c[ause. Lend�er
<br /> . SII�II(1iYC�1�lC i1�[W IIOW WC pOI�CICS d�i�ICnCYV� I�LGD(�C�tOQli�RS.��MIK S�i��Pf�P��F�ifC[OI.tUQ�i iU tOCC1Q{b. . _
<br /> of p�d pemittma and te�lewai�tioes. rn d�e evtnt of 1QSS.Batower sisatt give prampt notico to the inwraue curier and>
<br /> Lender.'Iro�kr maX m�ke prbof of Ioss if not made P�PJY bY Bar�nwer.. .
<br /> � � Unkss�.�ader and Bamower al�wise ag�reee tn writing.msuranct�xoceods shaU be applied to rtstaratian or tepair af .
<br /> : � d�e pt�opecty duns�'sf the r�to�rion or rcp�i:is t�aisallY feasiDk and�.a�der's seairitg �s na itsseaed. if the .
<br /> � t�staatioo or cepair is not ecoaomicatly feas►'bk ar Lender's sarority would b�ksse�od.t�e inwrance P�oe�s sbaU be
<br /> applia!w the s�ans sacated by tdis Saauicy,Insuumenc,w6ether or not theo dar.with any eaass paid to Bortower. Yf
<br /> BoROwa abandoos ti�F¢npercy.or does not answer within 30 da�rs a naice from Lender ti�at the imsur�nce c�rief fu�
<br /> ott'eRd w senie a r 9j� thrn E.ender rtwy wlkct the inc�aaore pmceeds. Lender may use tix proceods to tepair or�
<br /> d�e Prnpaty or W psy sums secated by ttris Secucity insmanent,whether or not tlut�due. 'It�e 3Uday peciod wi11 begin wben -
<br /> the�otict is givtn. _ � .
<br /> Unkcv l.aida and 8omnwer otherwise agRe in writing.any applicatian of pcoceeds to principz!shail not extmd a
<br /> postpone thc due d�te of tbe moathlY[�Y���erted to in pmagraphs 1 and 2 or change the anwunt of�e pay:t�nts..If
<br /> �uider puagtaplt 21 tl�e Prope�ty is acquiRd by txade�Bori+nwer's right to any insur�nce pulicies�d psoceeAs resulnng .
<br /> fcom dam�gt ta thc Fiape�ty pri�ca the acqu�sitiun shall pass ta l.ender to the extatt of the s�ms secunA by this Savrity _ `
<br /> Iast�ummt immNiately prior W tt�e acquisitioa-
<br /> _ ' f. Oteapoe9. Pnaeroati�s. Maietees�ee said Pto�ction ot We Property: Barrower's l.a� Appticabin� -
<br /> 711
<br /> — I.eueioids. Barmwer slrall occupy,establish.and use the Ph�{xRy as Bcx�rower s principal residence within sixty days after
<br /> the execudan af this Sectaity Iasuument and�all cunti�c�occupp.the Pkoperty ati Barower's prineepa!oesidence for u
<br /> . tast cme year aRer the date of oa�upancy,.nnlpss Len�otHecwisz a�Oes ia writing. which cansent shall not be
<br /> = �amMy withNeld,or.ankss axtaivating cinvmstances e�sc wluch aze beyand Borr�wer's control. Bamwer sl�ll not -
<br />—. destivy,d�ge a impair tbe Pto�perty.altow�the PtnpeRy ta d�teriorate.ot commit waste on the Plrope�ty. Botmv�+er st�all
<br /> _== 6e in default if any forfeinue�tio��procYeding,wbethrc'svl or catqinal,is begtin thu in Leider's�ood faith jadgeoent
<br />- - could oesait in forf4iture of the Paopecty ar otf�r�rise materially impair the {irn crcated hy.this Seeunty tasu�t or , .
<br /> - L�der s savri�y in�eres� gumoR,ei�►y c�ue s�ch a ekfault and reinstate,ag pcovided in paragraPh 18.bp causing the action
<br /> or Qmceeding to be dismissed v�a ra�'mr t�.in 1.ender's good faith determmation.pacludes farfemu�of the Borrower�
<br /> — - - � uiteiest in thr Fcoperty�r nt�r�na1'm�zmnent of'the iiei�-crratc�A`y°�s�SecFrcitY-i�s�u�xem ar l.ernfa�s sxuriryt
<br />- inteeest Bocrowa shall alsa!�in default if Borrower. during the toan a�spGcarion process.gave marerially false or
<br /> - inxcurate iniarmation or stateuier•:ss ta t.ender{ar fsu'led tdprovide Lende�with any material informatioa)in connectia►with
<br /> .� the loan evidenced by the Nate. including. but na limited to, representations cc►nceming 9orrav�x�"s act�paney of the
<br /> praperty as a princ�i residence. If this Security Insuument is on a leasel�3.Borrower shall campiy wath all the provisions
<br /> �� of the lease. if Barnwer acqu'ues fee title to the Property.tfte 6�ce�atd anu ttfiee fee titte shal!not merge ainless 1.e►�der agmes
<br />, . to the merger in writing. .
<br /> ' 7, protediop o[Le�'s RiEhts in the Piropert� if Sorrower fails to perfortn the covenants and agrs�nnents
<br />-:;�' `. contained in this Sccuriry Insmm�en�or the�e is a lega! pcucceding that may significantty affect Le�xkr's rights in the
<br /> Property(such as a proaeding in banlcruptcy.probate.for rnndeinnatian rn forfciture or tu enforce law�ar regulaaons�,tl�en�
<br /> . l.ender may do and pay far whatever is necessary to pcotect the value of the P�vperry and l.ender's si�hhts in the Properry.
<br /> l.ender's actions muy include paying any sums secured by a lien which hac priority over this Sec�isg[nsfrumem.appeartng
<br /> in couA,paying reasonable attomeys fee�and entering on the Property ta make repain�.Atthougll I.ender may take action
<br /> ' under ihis paragrdph 7.Lendev does not have to do so.
<br /> � Any amounts disbur.sed by Lender under this paragraph 7 shall become additional Qebt of Bomower secured by this
<br />," �' Security instrurne�t. Unless Bnrcower and Lender agree to ather tem►s of paymen�these amaun�s shall bear interest from the
<br /> '� date of disbutsement at tlte Nate rate and shall be payable,with intem�upon notice fram La.�der ta Bonower reyuesting .
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<br /> payment. � -
<br />• - & Mort�xge lnwranca If Lender recluired mortgage insurance a�a condition of making tfie loan r�ecured by t6i�s
<br /> Securiry Instrument.Barrower shall pay the premiums requ�red to maintain the moRgage insurance in effect. If.€or my _
<br /> t reasan. the mortgage incurance caveragc required by l.ender lap.ses or ce�sec ta be in effect. Borrower shall pay �he -
<br /> premiums requireA to abtain cavcrage substantially equivalent to the martgage insurance previaus2�in effect. ut a cat -
<br /> _ � substantially equivatent ta the cost to Barro�ver of the martsage in�urance prcv�oasly in effect,from a�altemate mortgage
<br /> - insurer approved!ry Lender. If substantiaUy equivalent mongage in�u►unce coveragc is not available,�rrower st�aA pay ta
<br />-.,,`�`. Lender each manth a sum eqnal ta ane-twelfih of the yearly mortgage insumnce premium betng paid#sy 8orrower when the �
<br />- insurance caverage lapsed ar ceased to be in effect. Lender wiU accepl.use And retain the�e paymenc.q as a toss reserve in lieu
<br />-:.T nf mo�tgage iasurance. 1-os!►reserve payments may no longer be required.:11 lI1C OQ[1011 Of I.CIIECF,if mongage insurance
<br /> caverage(in thc amount and far the pericxl that Lender requiresl provided by an insurer appmved by°Lender again becomes
<br /> available and is ob[alned.BoROwer shatl pay the premiums reyuircd to m�::Tain mvrtgagc incurance i:r e6fecl.or ta provide a
<br /> - loss reserve.untt the tequirement far mortgage in�urnnce ends in accor�.�:-r.c with any written agreem�.ant hetween Borrawer
<br /> and f.eader or applicuble law.
<br />. V' 9 1�sptetion. Lender or its agent may make reasc�c�.0 i•entrie+c�on and in�pectionx of the Property. Lender tihal!
<br /> x• gi�e Borrowcr notice at ihe timr of or priarto an inspcction specifying re�tpnablc cau�e far�he inspectian. _
<br /> .. "•' 10. Condemnation. Thc prorce�s of zay nward or cla�m for dama:�.direct or contieyuentiaE.i:^�connectivn with�ny
<br /> Singtc Hamiiy--Val1�iC�l�x/Freddte Hac U�1F1)A�I 1rtiTRC�1VrT--Undom�favc�s:mC� !!!e Ipu;ce+.�/b/�ugni .
<br />° • firae tAire iMn1n�rae�.tee.■ � -
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