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.�.: ,�,1,Til� Jur'_!'_ ._ _�_.� _-�.--
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<br /> �93 10�i�2 .
<br /> • pe�bd�tIW L,eeder nqui�e�. 't'he lnwr�nce c�rrier pmvldin�the insuniwe�h�U be eho�n by Bortowar wbJoct to LendorY
<br /> approvd whkh rhdl not be unrea+�on�bly withheld. lf Borrower tQlr w mdnWn caved�e daicribed�bova�I.aidor tn+�y.�t
<br /> • iwnd�rk option.obWn covenQe w pruwch Lendery ri�in the y in�ccad�nce wlth paµr�ph 7.
<br /> All iiuur+u�ce policles�nA e�enawds dull be bb�o�r u�d�Fwll includa�nw�dad mort�e clw.e. Lender
<br /> ahd�Iwve�he rieht to hold�ho policie�ud rctbwd�. f l.ender requirea.Borrower Khall promptlY�ive to Le�der�ll roceipu
<br /> of pdd prcmiums and ronewd notke,. In the event af te»r,Hnnawer rh�ll�Ive prompt notice to�he inwnnco carder and
<br /> I.�nder. L.ender nuy m�ke proo!o�f lau if not m�de prompllY by Bormwer.
<br /> Unlw l.ende��nd Bonnwer otherwi�agroo in wrltin�,inwnu�ce procads ahwll bo�ppliod to roatoration or rep�ir of
<br /> � tho Pr+aperty dama�ed� if the re�ttanuion or roppir is economk�lly [ea�ible and Lender� xcurity fs na lessened. If�he
<br /> rc�tonuion or reppir ii not ecorwrniodly feuible ar Lenderti securlly would be lersened.the insur�nca�roceeds�hall be
<br /> +applied to tho wms securod by this Security Inatrumont. whettter or nat then due,with nny excesY pnid to 8orrower. IP
<br /> Barower�bandon.s the Propeety. ar doea not answer wlthin 30 dayi a notico fram l.erder�hat the inwronco carrier h�
<br /> offercd w aule a claim,ihan Lencier ma�colloct tho insurwice procoods. Lender may use the procads to re r or�eatore
<br /> theP�operty or ta p�y eums sxw�ed by th�s Security Inatrument.whetl�er or not�hen due. The 30�dsy period w N begin when
<br />__ .�v______��� thenaticelegiven.
<br /> Urtless Lender and Borrawer othenvlse agree in writing.any applicatian of pracads to principal ahall not eatend or
<br /> postpone the duo date of the monthly payments referned ro in paragraphs 1 and 2 or change the amount d'the paymcnts. If
<br /> under paragraph 2l the Property is acquired by Lender. Borrower�s right to any insurence policles and proceeds resulting
<br /> from dAmage to the Property prior to the acquieitlon shall pass to Lender to the extent of the sums secund by�his Security
<br /> In9trument immedtately prior to the acquisition.
<br /> __= 6. (lecupancy, PreservANon, M�oce aQd Protection o! Ihe Property; Borrower's La�n AppllraHon;
<br />-_ [.eacehold�. Bomawer shaU occupy.establish,and use the Ptc�peny as Borrower�pdncipal residence within sixty days after
<br /> - - _ — the exuuNon of this Suurity Instrument�d sholl condnue to occupy�he Property as Borrower`s prfncipal reekience for at
<br /> __- - least one year after the dute af accupancy, unless l.ender otherwise agrecs in w�iting, which consent shall not be
<br /> � umr,asonably withAeld,or unlcss eateauadng circumstances exist which ure bayond Borrower�s control. BaTrower shall.noi
<br />;;�;`� d�stroy.damage ar impair thc Praperry, tillow the Property to detcdarate.or commit waste on the Property. Horrower shall
<br /> "'� u ,r� : ���r be in default If any forFeiture action w proceeding,whether civil or criminal.is begun that in l..enderk good faith judgment
<br /> '�' .'<i'!�,� could result in forfelitue of the Property or otherwise materially impair the lien created by thls Security Instrument or
<br />=='k ' 1.enrlr.rb r,ecudtv interest. Harrower mey cure such a default and reinsuue.as arovided in pw�a�raph 18,by causing the action
<br /> ==_----
<br /> `'��: or proceeding to be dismissed with a ruling that,in l.ender�s good faith detertnination,precludes forfeiture of the tsorrower�
<br /> i�terest in ihe Property or olher material impAirment of the lien created by ihis Security Instrument or Lender's security
<br /> intcreat. Bamawer shall plso be in defuult if Borrower, during the loan applicatian process, gave materially false or
<br /> insicccurate information or slatements to L.ender(ar failed to provfde Lender with any mnte�ial inFormnlion)In connecti�m wlth
<br />-- the loan evidenccd by the Note. including, but nat limited to.representatians conceming Borrower'x occupancy of the
<br />:��' F'ropeny as a principal residence. If this Security Inslrument is on a lea�e6uld,Borrower xhall comply with nll �he p�uvisions
<br /> ` of thc iease. if Borrowor acquir+e�fee titie�a�he FropeKy,ihe fcusehc�id unJ tirc fcr iiiir ahnii m►i oirrge uu{t»�L�x3cw'r�rc�r
<br /> to the merger in writing.
<br /> �' � 7. Protectlon oY I.ender'9 Rights in the Prope�ty. If Borrower fr�ilx �� perfi�rm �he cavenunls and ugrecmcnts
<br /> conlained in thix Securiry Instrument,or there is u legul prcxeeding thul muy significumly ul'Fect Lenderti dghtK in the
<br /> Praperty(xuch us a proceeding in baakn�ptcy,pmbnte,for rondemnu�lan or farfeiturc or ta enforce luwx or regulallons►,Ihen
<br /> ' Lender muy do and puy for whutever is neceswary to protect the v�lue of the Pruperty and Lender��ig6t� in�he Propc�ny.
<br /> � Lenderx actionx mny include puyMg uny sumn secured by u lien which hux p�iority over Ihi.r•Security Instrument,u�esuing
<br /> in court,paying re�onuble atlomeys'fecs und entering un�he Property to make repain;. Al�hough Lender mny tuke acti�n
<br /> under this pamgraph 7,Lendcr does na huve to do xo.
<br /> Any amounts disbuned by Lender under this paragroph 7 xhull become udJitionul debt of Bornower secured by this
<br />- Security Instrument. Unless Borrower and Lender ugrce ta other tcrms of payment,theu umounts shall b�ar interest from the
<br /> �,.,:•, date of disbursement ut the Note ra�e and shull be puyublc,with interest,upon notice fmm l.ender to Bomuwer reyuexting
<br /> .. . �,��, ,��.'� payment.
<br /> .. 4;e, '�y.�. 8. Mortgu�e Insurance. If Lende�required mort�uge in.urance us u condition of making Uu locn secured by �his
<br /> :�; '�_ -�� Security Instrument.Borrower shalt pay the premiums reyuired to muintuin thr mon�euAe insurunce in effect. If, far any
<br /> - -- reason, the mangage insurance coverage required by Lender lupses or�eases to be in effert, Borrawer shall pay �he
<br /> ��,;,�y,f' premiums required ro obtoin roveraFe sub,:tantinlly� equivnlent to the mortgsige inwrunce previouxly in effect, ut u cost
<br /> .ti::w: �•.��,, aubstuntiolly equivalent ro the cust to Bo7ower af the monguge insurance prcvi�usly in cliect. fram un nUernale mortgage
<br /> ,�`'�.��r�:!�.;� insurer approved by Lender. If substantial:y eyuivalenl mongu�te insw�anre rovcrage i�not uvuiluble,Borrower shull p�y to
<br /> '"`�"" •..'i f� Lender each momh u sum eyual to one•�wrlfth of the yearly mongugc in+uruncc premium tx:ing puid by Borrower when Ihe
<br /> -'"'�`�'";"�l' insurance coveruge luptied vr ceased�a he in effect. Lender�vill uccept,u�e und ret�iin the,e puymen�,us u b..re.+erve in lieu
<br />':';`ti. '��t�,� C�` _'a, of mottgage insurs+nce. Los�re.erve paymemz muy na longer be required,al�hr optinn oP Leixler,if rnonguge insurunce
<br /> '� 4"'��`�°"' cover:+ge(in the umount and for the period thot LenJcr rcyuire�)pmvi�kd hy un insurcr nppmved by Lrnder ugain becomes
<br /> '� uvailable and is ob[nined.Borrower shall pay�hc pmmium,rcyuired to mainluin m��riguge in.urunrr in eftccL ur la provide u
<br /> ,- �,.,,�•�' loxs reserve,until the requirement for mcing��ge in+urunce ernlx in nrcordance wiih uny wriuen agreement between Borrc�wer
<br /> w�• ��: �•.� ': x. . and Lender or upplicublc Inw. _
<br /> ' �,. . ,, . 9. Inspection. Lender ur its ugent m•ry makr rcu,unublr cntrics u�xm:mJ in,per�iam of thr Propcny. Lendcr yhall '
<br /> -ti Tt.:�,..:....r, ..,. Five Borrower notice ut�hr time of or priur to nn in+pec�iun s�xcifying rcason�hle r.iu+r li�r the in.�xctiun.
<br /> ` ' • 10. Condemnalion. The pr�xced�of uny awurd nr cliiim tiir d:miu�r+.dimrt ur romcyucntial.in cc�tneclion with uny -
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