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<br /> � pariode that Lender roqufrci. Tho inwnulca curier providin�Ihe incuranco�h�il be cho�en by Bora�wer wbJect to Lender�
<br /> rpprovd which chall nol be unroaipt�bly wlthheld. I'Barowe�faii�to maintain cover�e described�bove.L.ender mey,-u
<br /> l.eederl�oplion,obuin coveraQa 1�prote�ct Lendery d�hta in tha Propeny in�ecordiu�ce wlth piunQ�sph 7.
<br /> All insurance policiea�nd rcnewAl��11 ha accapt�ble to l,ender uW sdwll includa a Rumdard monga e clawe. Lender
<br /> �hall have the�ight to hold Iho pollck9 and r�enewals. If L.ender raquires,Bort+nwer�hdl promptlY give ta�nder all recxiptr
<br /> af paid premiums and rcnewal notices. M the evcnt of loss.6orrower shell�Ive prompt ndice to the insurrnca cwrier�nd
<br /> Lendcr. Lender may make praof aF loxa if nst made promptly by Barower.
<br /> Unless I.endor und Borrower otherwise ngrce i�w�ting.insurance proceeda shull be oppUcd�o ne�t�ntfon or repoir of
<br /> ' '—`�����`��"�"s' thc Property damaged, if thc rcstomtion or repair is ecanomically feaxible and Lender's securfty !s not le.�sened. If thc
<br /> restoration or rcpair is not economically fceAible or Lcndcrk sccudty would be lesscned, the inRUrance proceeda shall be
<br /> applied w the sums securcd by this Securlty Inemiment, whether or n�t thcn duc,with uny excess paid to Bomower. If
<br /> Borrower abondona the Propeny.or doe9 not anewer within 30 days a naice Prom l..ender thol �he insurance ewrier has
<br /> ot�ercd to�enle a claim,then Lender ma�callect the insurance pra�eeds. Lender mny usse�he proceeds to re�air or ros�oro
<br /> �'' thc P�openy or to pay auma�ecurcd by th�v S�cur�ty Insuumenl,whether or nw then due. 7'fio 30�3sy perivd will be�in when
<br /> _ - - thc nWicc is givcn. _
<br /> �y"'��� Unksc Lendcr and Borrower dhenvise agrec in wriling,any ap IicAtion of�xoc:eeds ta principal shull�at extend or
<br /> F+.�
<br />-'�`"`�:�;s• postpone the due dale of the monthty payments referred to in paragni s 1 und 2 0�change the►�mount of the pnyment4. If
<br />.��t, ,;F,� under pa�agraph 21 the P�+operty is aequired by l.encler. Bor�awe�y r��ht to uny incumnce pnlicies and proceeda resulting
<br />�;i;��: — �s�'t:�� fram dumage a the Pn►peny prior a the acquicition�U pass to l.eiid�r to the extent of the s�ms secured by this Seeurity
<br />;-'%'�4;;,`�flt� Inswment immediatcly prior to ihe acquisition.
<br /> ---�•k�� 6. (kcupancy, preservatbn, M�intenance aad Protectbn oP the Property; Burruwer's l.aa�n Applkatlon;
<br /> "���°'''�"'A'� l.easeholds. Borrower shall occupy,estnblish,nnd use tha Property us Borrowerti,pri�cipal residence within sixry days after —
<br />.1 :�,,,,.,,>
<br />,v: '#f"!�'� the eaecutian of this Secu�iry In�uument and shull continue ta occupy the Propert} ax Borrawer q prineipal residenre for ut !
<br /> �: ��t�' least one year after the date of occupancy, unless Lender otherwise ugrees in wr�dnF, which wnsent shall not be
<br />;.-;. '^�� unreusonubly withheld,or unlecg exienuatin�circumgtances exist which wre beyond Brnmwers control. Borrower shull not
<br /> �� � destroy,dnmage or impuir the Property.allaw�he Propeny to deteriorute,or cammit wu.c�e on the Property. Borrower xhall �=-
<br />.;'-.'��� be in defuult if uny fort'eiture action or proceeding,whether civil or criminul,is t+egun ihut in Lenderk gc�ad fpi=h judgment _
<br /> could resutl in forfeiture of the P�ropehy or othervv9,c rnateriully impair the tieq crealed by this Security In�lrument or
<br />-- Lrnder's recurily imerest. BoROwe�muy cure such a de9:�ult und reinxtate,A,provlded in parugraph 18,by cuusing the action
<br /> o�nm�ePrlino tn tw�iiami.c�d whh n n�linr rhnr, in t PnriPrc o,�fnith detemtinpl�un.�trcluAec fnrfwita7..f the�^r^ca•�:'�
<br /> - interest In ihe Property or other molerinl impuirmcnt of thc lien created by �his Sccuri�y lnstrument or l.ender� secu��}
<br /> interest. Borrower shnll nl�o t+c in defuult if Bormwer, during �hr luan up�licatian procexs, g�ve mc+terially falsr or —
<br /> +•�• inaccumte informAtian or s�utement�Io Lender(or fuiled to provide l.ender wilh uay muterial informution)in cannectlon with
<br />°- ��^,�+,F I,, ° iht loari evidenced by �he Note. including. but not limited to, �rpresentutions canceming BorrowerE occupancy of the ' —
<br /> �" Property us a principul.msidence. If�hiti Security Instniment is on u IeA�ehold,Borrower shall comply with all tbe provisions
<br />`"`•.' — �x ' •;�-.� of ti�c irare. if Borrower ucquires fee tide ro the Mmpeny,the ku.ehoid and the fee�i�ie shoil not merge uniess Lender ugrees
<br /> ���r' � :���+'�';�1 �o thc mer�er in writing.
<br />- ���;�'f44, ' 7. Protectton of l.ender'.r Rights in Ihe Propertv IP Burrower fuil� to perform �he cuvenunts und ngreemenh
<br /> . �+.��5!'�' con�ained in this Securiry Instrumcnt. nr there is ;� legul proceeJing �hut muy xigniticuntly affect Lender's rightx in the =
<br /> �'�"� Pro n Isuch ac a
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<br /> „ ., • pe Y • praeeding in bankrupcy,pmb•rt�,ti,r condemnution or forfeiwre or to enfarce luws or regulutionx),�hen
<br />;..�, �:����'� Lender muy do und pay for wh�tevcr is necessury to pmtert Ihe vnlue oP the Propeny and Lenders rights in Ihe Property.
<br />,„`,} Lenders action,may incluele puying uny sums scrureJ by u lien which hax priority over thi�Secu�ity Instrumen�,uppearing
<br /> - .,r, ' = in coutt,paying nuxonahle attumey:tees und entering on�he Pn�perry to make rcpwin. Although Lender may take uction
<br /> .��__��t�,.`.`� � undcr this purugruph 7,Lrndcr does not huvc to do.o.
<br /> - �.= • Any umountx di.buned by l,endrr unJer thix pvrugruph 7 tihull Necomc udditianal debt of Borrower xecured by this
<br /> - .; i.��:.. „. , ., ^ Securi�y Ins�rumem. Unlexs B�rrnwcr unJ Leixlcr ugrcr to othcr tcrm�of puymem,the,e umount�shnll bcur interest from the
<br />-- N'� � date of dixbursemen� ut�he N�He ru�r uixl xhull hc pu yuhle, with interes�, u p on notice from Lender to Borrower reyuestMg
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<br /> •�;� �r��• , paymenl. _
<br /> �;�a a-'�•�";:. '= 8. Mortgage Insurance. If Lrnder reyui►rd mi►n�ugc insurunce us a condili�in of making the Inun xcrurcd by this —
<br />',"'�'• jy��, ,:_ ' ' Security Inzln�ment, Borrower ,hul l u ihe remiwns rc uircJ 10 muinluin the mim�u e insurunce in effeci. If, Par an
<br /> ` ,�(�;�=i�Y�� reuwn, Ihe mon a e insuruncc c�wlru c rr aircd t+y� LCnJer la reti �x cw.�. t�� tx Fn effecl, Botrawer xhidl a the -
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<br /> • `��"'�x'} "'�' rcmium+ re uired to obtuin rovcru�� .ub.tumiulh r+urvulrnt tu�h� mun�u�� inxurancr reviou.l in effert, ut u cos�
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<br /> ��,,,,,,,,;.,,-,,_ ,,,,,�, nubtituntiully eyuivalent to Oie co,t to[iam�wer of ihr monEugr imurunrr prrviuutily in effect, fr��m un ulternutc mortg.�ge
<br /> ^�,•�:�. ' insurer upproved by Lrnder. It'+uh,�untiully cyuivulrnt morlgage in+urnnce covcr:ige i.not avail:►hle,Borrnwcr shall puy to
<br /> �,,;::�� .. � Lender e•rrh manth a,um ryual to amr-twcU'th i�t'�he yCtl�ly ntntlg:lte in�orzmrr premium tkinE p•riJ by Borrower when the
<br />- - insumnce coveragr lup�d ur rcu+�d lu Fk in rffrrt. Lendcr will iucept.u:r:md reiain thcsc puymrnh ati u I��.s resen�e in lieu
<br /> � �,�,�', , of mortgugc in,urancr. Lu.s rc�crvc puymrnt.muy no Inngrr Ix myuim.l,:d thc opliun of Lrndrr, it'mongugc imurancr -
<br /> � t��.r'.•. � cnveruge�in the umount und ti�r thr periixi thui l.rnder rryuire,)pr���ideJ hy sin in+urcr approvrd M�• Lendcr uguin becnm�s _.
<br />-_- w� .:.:v3�;:i::: uvailable and is abt•rined.Born�wrr.h�►II pay tlxt premiwm rryuind��.m;iint:iin mongagr intiurnnre in rl'frct.nr ti►pmvi�le u =
<br />_� •� ; , yy;r,-;.,� loss reserv�,umil�he rcyuinmen�for monguuc in+ur.�nrr end�in u.r.�nianrr��•ith uny wriurn+i�:rrrmrnt ixtween Bnrrower —
<br />'� � r tiw "'�•�'" tutd Lender or u li¢able luw. =
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<br /> : .. � 9. lnspectton. Lender ur i�.agrm n►uy nwkc rru,onable rntrir.urxm an�l im�xcliun�of the Pr��prny. Lcn�kr,hull :.
<br /> . .... . give Borrower noticc at the�imr�►f c�r prior in un in+�xrlian.pe cit'yin�rru.unahle ruu,e ti�r Ihr im�xctiun. j�
<br /> � 10. Condemnotion. 7'hr pnxced,ol any u�vard ar rluim lix J:�magi.,dlr,ri nr run.cqucn�iul,in ronnrcliun wilh any =
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