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<br /> f. �111 �T plf�i� ��Mlf. SortONNR �II �iw � f1o1Y f�0� Qr �!��MMCII� � *
<br /> �OQOfI�! (111111ld �11��Otl��fQ. �Nftl��AC��Od M�11 f�M Ilffll r1Qplf�CD'Y«����►fAA���M�
<br /> AOOd�Or�00���OI'1Y�1�!�.pldM/�Y�f'O��q�11f11lQ0.�i�IMIfMO����N��1 1��0��Md�01'��M�
<br /> th�t Lader requira. ?1N iawt�noe atrier pnwidia�tbe inwr+�u�oe dWl be cl�a�eo by�lxronver wbj�ct to 1.ender'%�ppn�v�l „
<br /> wbid►�bdl not be wua�onbly rvithfald. If Borrawer f�ilp w iudntaln oovsra�e daorlbed abovw l�ndK m�y. it 1�e�Mr'i
<br /> aptioa,obhin oavaeye w p�rkax l,e�dor'�ri�,ht�in d�e Propmty ia�cootd�uioe witb pr�r�ph 7. ,
<br /> . All inwnnoe psdkia�nd na�o�wb dWl be�o�oephbb w l.endr�r and�1W1 inch�de�rta�d��d mortj�e sl�we. ��adK
<br /> . — ehell heve tht r1�ht M M+ki lhe�+Hcie.+enwl r�enewde. It Lnder eequiree.Borrower eha11�anply aive ta t.a�der�Il re�oeipts ot
<br /> pW Pre�niaiu�utd renewl�l notioo�.ln ihe event ot bu.Borro�ver slWl�ive pranpt natba W the inunnoe qnier�ad l�ender.
<br /> L�de�nMy m�ke proot ot las if not mrde Pron�t1Y by Bonuwer.
<br /> UiilCts i�aKier and Honower alt�avri�e ayrve In�vriUn�.ituurattoe pt�noeed��11 be�ppliad to reuor�Mbn or nep:ir ot the
<br /> Propaty d�ed.if the natoruion or repai�i�oconomladly feaibie�nd[.aider'��ecu�ity i�not le�ened.lf tho ratorWon or
<br /> .. — rep�ir i:na eoonomia8ly fasible or l.�ender'��ecudty wauld be lesseaod. the imunuioe prooeods slull be applied to the w�ai
<br /> eocurcd by thi�5a:u�ity I�arumdu, whethcr ar not Ihea due, with a�r exoas pid to Hormwer. If Aurrowu�b�ndont 1Le
<br /> Pro�perty,or does not uuwu wlthin 30 daya a notioe from Lender that the inwriuroe curler hiu ot�et�ed w�eule�claim�tl�ea
<br /> Lpde� miy collecl the inwrance proveeds. Lcnder m�y uso tho ptooeeds ta repa�ir or natore tho Pnnpeity or to p�y wau
<br /> �owred by�hie Secu�ity Inspument.wi�ether or not then due.The 30�Aay period will t�Ea�hea tho notfoo io Qiven.
<br /> Unlea� Lender and Borrower otherwlse Agnee in writin�. anY apptk�tion of pcuoomda oo princip�l dull not exteM or
<br /> P��P� � due dqta of the monthlY PsY�nta r�eftrrod ta in prr�t Z�uod 2 ar ct�st�c thc aa�tount of tbe paya�aM�. IP
<br /> - under para�raph 21 ihe Pnoporty is�cquirod by l.ender.�an�er'�dgi,tt tn�ny fnwrapoe poticic�aod prnoonds rcwldn�fr�asa
<br /> _�::;�v Jwarwge w�Le Prupaty prior to tlre aoquiritioa si►�11 p�ss to 4.eader to the e�unt of the awu ceaued by thia Searrhy Iacmaaeut
<br /> -°•,,, imu��odiately prioir b tA�e aoquisition.
<br /> •_=;��u
<br /> ;�' f.Oa�pwr.y,Hre�a'v�tloas Mwlntecqince#od Yrotertl0n Q[tbe Pt+upertyj Borrower'f I.vw A�plkallon;la�nel�0ldi.
<br /> - Bori+awer shall occupy.escablish�and uso the Property�s Bormwer's principal�+esidencx within oixtyr�ya aflter the cxxudon ai
<br /> _l — this Savdty Instrument and sh�ll oontinue to aocupy the P�opeity as Borrower's principal r�esideaoe tor At laist one year sRcr
<br /> '_ the date of occupancy.unless[.enckr otherwfse agrces in wridng�which wnc4mt al�ll not be uarcasonably wlthheld.or unless
<br /> :� extenuatiog circum9tanxs exist i�filch arc beyond Borrawer's oantrol. Horrower shall not destroy. dameye or imp�ir tho
<br /> _:;�,f Propeny. �Ilow the Propesty t�o dGetiorate. or commit waste on tt�c Property. Horrower ehWl be in defAUlt if�ny fodeiwto
<br /> ;':�;:::: oction or proaed8ng, wLethtr civil or crlmirwl, is begun that in Ixnder's gaal fuith judgment could result in forfeiwrie of tho
<br /> `"``-�°�— Prop:rty or atherwise materla9Uy iro�air the lien crcated by this Securlty Inatnunent or Lender's sa�urity interost. Borrower may
<br /> __�;�;�' cure such a defau�a and relt�stAt�e,ns provided in paragraph 18,by causing the action or procoeding to be dismi�sad with a tulin�
<br /> 'f=- — th�i� in ].�d:..'s gcc3d.faith cict�rm9nsiioa, prxludes forfc'::u�af ihc Barmwcx's i�tcresi in tht Praptsty ar �:ssaseri�! _
<br /> .�'�'s�,;: impairn�ent vf t�e licn creatod by this Seca�ity� Jmstrument o�Lende�'s cer+��ey interest. Forrower s�+all also 6e in default if
<br />: ' j'`��. Bntrower.during the ioan application process,gave materially false or inacruratc inforniatian or stat�menu ro L.ender(or failod ,
<br /> ' to provide Lender with any material infom�ation)in connection with th�loan evidenced by the Note,including. but �wt limited
<br /> '��}, to, re resentations concemin Borrower's occu of the Pro as a nnci al residence. If this 5ecuri Insirum�eM ie on e
<br /> _��.•r:l; D 8 P��Y P�rt3' P � P tY
<br /> �_,,'�ti;y � ��,.:.� leasehald. Barruwer shall oumply with ell the provisiom nf the lease. [f Borrower acqaires fee dtle to the Praperty, the
<br /> ���''�'�� "'��� Iwsehold and the fce title shall not merge unless Lender agnees to the merger in wdting.
<br /> .�:";�..1 t . .-H� , 7.P�+otectip�af I.eader's Rights In the Property.If Borrower fails to perform the covenants and agreements contalnod in
<br /> this Secu�ity Instrament,or there is a legal proceeding that may significantly affect L.ender's�ights in the Property (sueh as a
<br />--' ���'" proceeding in bankruptcy. probate,for rnndemnation or forfeiture or to enforce Isws or regulatlons), then Lender may do and
<br /> --:" r .w y.���.•.....�
<br /> � �tir��7��.i,;.;°.�.;,,,.,, pay for whotever is neressery to prorect the value of the Prapeny ancf Lender's dghts in the Property. I.ender's actions may
<br />- - � i- �"% �� °''' include payfng arry sums securod by a tien which has priority over this Scxurity Instrument. appearing in coun, paying
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<br /> __' �'�� -�i`=._ reasnnabte attomeys' fees and entering an the Qropecty to make repairs.Akhough Lender may take action under this paragraph -
<br /> ,�•..' �:.�;,;;�:+�s
<br /> !'•t-:::• �i ,�„ 7,[.ender does not huve to do so.
<br /> .�r;• � :�••yf';��
<br /> �':� •• ,t�.��.,.Y�;Y' Any emounts disbursed by l.cnder under this paragrnph 7 shall become additiot�l debt of Rarrowet se¢ured by this
<br /> •,•,f�:� ��`;�
<br />,;`,;�y,�, „'; „ .+ •=ti,b�" Security Instrument. Unless Borrower and L.ender agree tn other terms of payment, thesc amounts shall bear interest irom the
<br />;;'�.i:';.::.; ; �.. `,''.i.':4,'.,;' • dete of disbursement at the Nae rate and shall be payable, with interest, upon notice from Lender to Borrower requesting
<br /> _11._ ' „ PaYment.
<br /> .�•..` •
<br />-;�k;;;�, ��� � Y x',... , 8.MortgA�e InsurAnce. !f Lender requirect mortgnge insurnnce as a condition of making the Inan secured by this Security
<br /> � � � • ' ' ���� Instrument, E3orrower shall pny the premiums required to maintAin the mongAge insurnnce in effect. If, for any reason, the —
<br /> ��"�".j`�;ij`� mortgage insurance coverage required by L.ender lapses or ceuse�to be in efTect, Borrower shnll pay the premiums requiad to
<br /> -:s;"rn�� � � �' obtain coverage substuntinlly equivalent to�he mohgage insurunce previnusly in effect,at a cost subat:�ntially equlvalent ro the
<br /> ;-:�?��,: � • • mst to Borrower of the mortguge in�urnnce previnusly in effect, fmm un alternu�e mong�gc insurer approved by l,ender. If —
<br /> • ,.�::.: �...-. .�.
<br /> '7 "'��• •• � substantially equivalent mortgage insurunce coveruge is not nvailuble,Burmwcr shall puy ta Lender each month a sum equal to
<br /> �f:'i��
<br /> i?k �• y one-twelRh of�he yearly mongage insurunrc premium being puid by Borrower when the insurance caverage lapscd ar ceased to
<br />` � .. be in effect.L.ender will uccept.uise und retuin these payments u� a loss reserve in lieu of mongage inaurance. Losc reserve -
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