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<br /> � �pp�wal Mhrch a1�1C uot 6e�m�easa�ablY wi�d. If Ba�ower fa�10 n�ainrain covetase described sbove.t rndet mty.ac �
<br /> , c l.ende;�s q�tinn.obtt�i�tta�er�a to po�t Lander$riehts in d�e Pt�ope�ty in scco�dma with p�apit 7. ` �
<br /> � AII�an�policies ad tntewals siuilt tia aaxpta6k ta L.eoder and s1WE include a staed�d mottga�e Ftaux• Leadet� ,
<br /> � a•��ti_••M the riaht talwtd-t6apoiLries�od c�vr�ls If L.a_der�4uines,B�m�xer slviLP�!P��Y&�Ya t4l.ender atl eeaipts
<br /> � of p�id�prwinots.�d tenewat notices. Ie the evrnt of Toss.�wer stsalt givz p'o�n�w th�u�snrmve artier�nd-- :_ . —
<br /> Lajdes. i,ender msy.m�i�e prnof of toss if not caade promptly by Borrovver. •
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<br /> Unkss t+endet and Barowec od�erwise ag�e4 in wr�tin$:insuruxe Pr'naedg shatl be appil�ed to[cstoration or[ep�ii of . .
<br /> � the PivpettY.danlsEed,if t6e restauian av npair is aonomicallg feasible at�d Lendei�sec�a�iEy is not I�sa�ed. If the
<br /> iestoratian or repair is nat oc�o�a�iwlTy feas�'bk ar t�eader's•securiry wcwW be kssei�ed.thc imwrsnce p�ocesds s#nll be
<br /> apptied.t4{hc s�uns sec�u�c8 by this$cc�itY[nst�umen4�whaheE a not tbea due:virith�oy excesc pud to Honvwer. If
<br /> $ormwa a6ando�the Ptope�ty.a does aot answer withirt�0 days a naticc fmmLeode��d�at the insuranc.�c c�rrier has
<br /> offeKd to,aeule s ctaim,tben l,rnder maY oollcct the inswr+nce proceeds. Lender may u.se the pmcecds to repair or rtstar
<br /> • d�e Ptopecty ar ta pRy s�ans securod by dus Secu�iry Instrumetu.whnher ar nat tha�due.•The 3(lday perwd will begin when
<br /> the notice is g'►veo. ' � . :_
<br /> Unk.ss l,ender and BoFtower otl�erwise agne in writin8•�Y�PP���of pnoveeds to principst shall not exoeod or
<br /> Qostpane tb�dua datc of tbe a�onthlY PaY��ieferred to in pusgrnpbs 1 a�12 ar change the amount of the payments.. If
<br /> under p�ngraph 2I ttie P[ope►ty is acquired by Leader.Borsowa's rTght w aay ins�uance policies and pmceods resuWng
<br /> trom d�m�ge to the Property prior to ttK acquisition shall pass w Lender to tb�extent of the sums savtod by this Secucity
<br /> Iactrianer�t immediatety grior to tl�c xquisition. .
<br /> . f� OatiPue�'. Pre.xrratba. M�a�ce and Pmtcctiaa of tlie Property; BormWU's i.uso Applkationi
<br /> I.e�elnlds. Bormwer shalT occvpy.est�blish,and use the Propercy a4 Borrower's principat�+esidence within siaty days aRer
<br /> - the�executian of this Se�uriry Instrument and shaU contimx to accupy the P�vpe�ty as Ban+ower�s principal zesidence for at
<br /> - tatst ate year after t6e d�te of uccupaacy. unkss I.ender bthe�wise agnees in writing, which canseat s6aU nat be
<br /> -- • anrasasa6ly v�rjtT�held.or unkss ei�teauating circwn.gtances oaist wLich are 6eyond Borrower�s canttol. Bomawa sMrQ not �' —
<br />-_�_ �Oy,d�mag�or�ir ihe property,allaw the PYnperty ta deteriaate.or commit waste on the Propeay�. Bamower shalt
<br /> -= be in defauit if�ny fafeitute.actian orpruce�diag,whetixr civil or criminal.is begun dsgt in Lender's good faitit judgment
<br /> - couW ciesult in forFeituoe of tbe Ptoperty ar o�herwise m�eerially impait the lien cr�eated by t�is�Sa:urity L�umeat ar
<br /> i.ender's secnrity intet�est. Bor�ower may euce such a default and cei�.as provided in paragraph 1 S.by causing d�e action ,
<br /> �-� a pmoeeding to be dis�nissed with a ruling that.in Leader�good faith determinatioa.Precladcs forfeiture of the Bomower's
<br /> interost in tbe Pirnpesty ar blher material impaim�en�of the lien cceated 6y this Security Inuncment or Lender�seauity
<br />' ;V interest. Bortower shall also be in default if Bortower.daring the loan appficaaoa process. gave mater'ralfy false or
<br />�'-=�:' inaccwau informuton or statements to[.tnder(or failed to provide Lender with any material information)in connection witt►
<br /> �"�-.. ihe toaa evideaced by the Note. including, bat not limited to, iepresentations co�eming Borrower's occupaixy of ti�e
<br /> Property as a principal residence. If this Security Instrument is on a leasehold.Boer�uer shall comply with alt the provisiorts _
<br /> of the lease. If Boriower aoquites fee tiQe so the Propecty.the leasehotd and�the fe��iry:s+haII not merge unless Lender agnees
<br />=�. : W the merger in writing. .
<br /> �<�;,•� 7. Prot�tian af�.ender's Rishts ia tbe Propert�. If Bo'rower fails to perfarm c�ae cavenants and agreements
<br /> contained in this 5ecurity Insuument,or there is a legal praceedin,.that,may significantty a,�:ecc Lender's rights in the
<br />_ PropeRy(sach as a proceeding ia banktuptcy,pro6ate for condemaatior oF forfeitur�e or to enfac�e taws ar regalatiuns).then :�
<br /> l.ender may do and pay for whatever is necessary to protect tl�ee vatua of tIis Property aad i.etiders dghts us the Proyerty. —
<br /> t,cnder�s actions may include paying any sums secured 6y a lien which has ptioTit�over this Securiry/nstrum�appeanng
<br /> � in court.paying reasonable attomeys'fees and entering on the Property to make r�sairs.Aithough Lender'm�y take action --
<br /> . under this patagraph 7.l.ender dces not have to do so. • �''-
<br /> � Any amamts disbursed by Lender ander this paragaph 7 shall tx;come a&?itional debt o��orrower secured by this �r=.
<br /> . Security tnstrumenL Untess Borrowerand Lender agree to other eertns of paymem,these amount�s shall bcar interest from the -�:�
<br /> � date of disbursement at tt�e�are rate and shall be payabte.with interest.upon notice from Lender to Borrower teyvesting "';.,�,
<br /> - - PaYmen� .
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<br /> 8. Mort�age I�surance. If Lender required mortgage insuranre as a condition uf making the toan securecl by this .,•:___�
<br /> Secudty Instrument. Borrower chall pay the premiums required te maintuin the mortgage insura�ce in effecG lf,for any __
<br /> reasoa. the mortgage insurance coverage requued by Lender lapses or ceases to be in effect. Horcower shall pay the .=
<br />• . premiums required to abtain coverage substanGally eyuivalent to the monguge insurance previously in effect. at a cast r-. ��
<br /> - � substantially equivalent to the cast ta Horrower of the mc�rtgage insurance previously in effect,from an attemate mortgage . _ ' :.
<br /> tnsurer appraveA by i.endes. If substantially equivalem mortgage insurance coverage is nnt s►vailable.Bartawer sha11 pay to !�i=_
<br /> . i.ender exh month a su�egual to one-twelfth af the yeariy martgage insuranre premium being paid by Boaower when the_ �+!1=�'"
<br /> .. insurance caverage lapsed or ceased ta be in effec� Lender wiA accept.use anc!re�ain these payments as a loss reserve in lieu ' "''_'-'__`
<br /> of mortgage insurance. LacS resenre payments may na tanger be reyuired.at the op�ion of'Lender.if mortgage insurance =-�-
<br /> - coverage(in the an�ount und for the perod ihat Lender requircw)prov�ded by an in�urcr apprbved by Lender again becomes � �"'"�
<br /> availuble and is obtained.Bonower shall pay the premiums rcquired ta maintain morcrage lnsurnnce in cffecG or to provide a '
<br />-: . foss reserve.until the rec�uirement for martgage insurunce ends in vccordance wi�h any written agreement tietween Barrower ': '�-'
<br /> - ;t. and L�tdec or applicable I:sw.
<br /> . ti.`° 9. Inspoction. Lender��r its a�ent may make rcasonable entries upun.ind in�pec[iom���thc PmPerty. Lender tihaU �
<br /> `t''S give Horro�wzr notire at the time of ar prior to an intipecilan specifyinR nasonable cau+e for the in�pectian.
<br /> � '1� , 10. Condemn�tbn. 77�e praeeds��f any award or claim for damageti.direct or�ontieyuemiul,in cannection wielt�:-:�
<br /> ,� Singtr Frmily-•faimk�1xiF�tQdk�tac 1;tilF1IRS11N5TRt'�iF.�ii'•-4nifumi Co�oteully 9/9A lpatir t„jn pnci•�� ,
<br />. . ��e�1 uecs eu�mrn na�.�x.■
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