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<br /> • paioda th�t Lender roquire9. Tfio insurnirce c�er provldlnQ �he insuranca xh�ll btl chmien by&���1f�MLendork
<br /> approvd whk:h�hdl not bo unrauonably wi�hheld. iF Sorrowcr f�ilx tA motnula covera c dos�ditr,d above,Lende�nuy.�t
<br /> I.aKlerh option.obtdo covaca e to protect I.enderL ri�h�a in�lre Praperty in�cconi�nce w�th p�mgniph 7.
<br /> All in�uru�ce pdiaiqF�n�.►enewds rhall be�e�t�bk lu l.ender and sh�ll{nrludc�standard m�xfY�Qe clruxa. l.a�der
<br /> shiJ!hrve the dght to hold ihp p�►Iiciea wid renew�lx. lf Lender rcquirex,Horn►wer ehull promMly sivc lo Lender�ll roceiptt
<br /> of paid premlums and renowal nrHices. !n thc cvent of losa,Barc►wcr ahAll�ive prompl notke to�he In�uruK:a aurkr and
<br /> L�enckr. I.encler may make proof of loss if nd mwde promply by Barower.
<br /> Unless Lender and Borrower othenvise agrcc in writing. inauran�a placeeda shall be appliad tA restornlion or�qir of
<br /> a"-"� thep�e rty.dameged, if the rcstoraaon or repair is ecotamically faubihla wnl lxnderi+ �e�;urily i�nut k�:xncd. If�hc
<br /> reuor�tian ar mpair ia not economlcelly kasible or I.onderts�ecudty would be lesKened, the insurance prw:ceds ah�ll be
<br /> applied to�hc suma se�vrcd by this SccurHy Insuumnnt.whethar at nc�t then due,with any excoav paid to &fmnwer. It
<br /> Borrower abandons ttiB Property,or daes nat anawer wi�hin 30 dnyR o notice irom I.encler�hat�ha insurance carder hps
<br /> offered to satt��q o claim,thsn Lendar mny collact the insurnnce pmceeda. Lender muy ur,e tho proceeds to repair or restore
<br /> the Pruperty�nr•to pay sums cecured by this Security Instiumcnt,whc�her or nat then due. 'I?ia 3(�dny podal will be�in when
<br /> the notice ia$�xen.
<br /> ---- Unless ixndar ond Rarvwe�ahetwi�agrce in wrldn�.ony appNcu�ion af proceedK�o prinai�x►I st�ll not extend or
<br /> - ppe.�one thc du�du�af tbe mon�hly paymemH rcFarred to in pan�grnphs I ond 2 w change�lie wnount of ihe payr�enis. !f
<br /> undctr p�ragr.�h 2} d�ptopaty ix acquired by Lendar.Bornowerk right to Any in�+urrnee policfec und proceedA resulting
<br /> from dam �e oo�dnr 1?topot�p pnor to�he acquiafti+►n aholl pas�4 ro I..�mdat tA the extent of tbe sums recured by thir Seruriry
<br /> Instrument f�nu�rdi�ly w the acquisition.
<br /> 6, pc��rc9•��rvation. Matntenance asd Prohctiqn. of tbe Property; Borrower's Loro Applkation;
<br /> .:; L,esseholde, B�qtYVwer shaE!arcupy.eswblish,and use tha RvpcKy as B�xrower�c principal re.ridence within Rixty dnys afcar
<br /> tb�exerution rPlhiR Secix?►v iMStrument and shall c�ntfnuo w accupy the Pmpeny a��c 8orrawer�principal rceidBnae for+u �,_
<br /> - Ieast one year aftet the date of accu�wncy, unlevs Lxnd�r athqnvir,e agrees in writing, which cansent shall not be
<br /> unrca4onably wi�+trrkl,or+u+2NSS exionuat3ng circumslnnces exisl whfah ere beyond Bonowerk cuntrol. Bomower shall na —
<br /> _ desuoy.duma�e a impair th�Property.alluw Ihe Propeny to dctcsri,orata,or commi�wa�ta on tha Pt4peny. Bornower shall
<br />-- be in default if any farfeinue petion or prqc.�eeding,whethcr civil oc criminal,is bcgun thut•in L,endark goad fullh judgment
<br /> �-;� .�!�� could result in forfeitut+e of xhc Propeerty or dherwise mmerially impair tha Ifan,crualud by thfs Security Inswment or
<br /> '.L.�':�`.r�`,,} Lender's security inteirsi, F.��rrower mny cum such a dafbult nnd rrinstuta,nx prqvidud in pnragraph 1 fi,by causing the uc[ion =°
<br /> -_._---- i;: or procealiog tu i,c dia���isse�� �+Ith s ruling that.in L:ndci:gar,3 f:�itb det��nitiailqtt.�rGti+�u��FBfEG!!L'!"!�'�h�H�rmwer's �'_`'
<br /> interest in the Property ur c�rt�er materiul impairmern of the licn c�atad by thie Security Inrtnumsnt ar I.enderb security
<br /> •��' interest. Barower ahult also be in defnult if Bormwer,during tha I�►nn upplicotion procesv, gpve macrially false or
<br /> "�? inaccutate information or s�atements�o Lender(or failed to pn�vide L.endar wilh any mAterial,infnrtnnlion)in connectian wlth
<br /> -- the loan evidenced by Ihe Note, including, but �ot limited to, reprel+entationK conceming BartowerK occupancy of the �
<br /> `;,;';,_ Huperty ar,p principal nesidence. If this Security Instrumenl iti un n leusehold,Burrower shulbcomply with�alL tho provisions
<br /> - _ - -- of ti�1�a.�. 3i oaisotiver:uquires fee titie to thc I'm�cm�.thc icaschotd and thc fcc t!t!c sha!!noi sacrgc tml�!_endcr agr�ees --
<br /> ' � to the merger in writing. _'`-
<br /> t .�„� 7. Protectan of l.ender's RigBhi in•the Properly. If B�im�►ver i'Ailx to pert'orm �he covenuntK und ugreemente
<br /> 7''
<br /> _, ,:� ,�;,�>�; eex�tuined in this Security Instrumenl, or there ix u legul praceeding thut mnp s{gnificantly affect Lender}: rights in the �_
<br /> _r. •'� ,, . o,,�„, Propeny(�uch as p proceeding in bankruptcy,probate,for rnndemnAtion ar fodaUum or�o enforce laws or regulu�ionsl,then _
<br /> ` �,rt�;�;�_ti��� tt�w�t�!,- L.ender ma do und a for�•ha�ever is necessu to mtect the value of tha Prn �rty und Lender:s ri h�s in�the Pro rt . °--
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<br /> +'�`''•+���;�; '�•";�� Lender's octianc may include paying uny tiumx+ecured by u lien which huh prfnd�y a�er�his Security Instrument,appeuring
<br /> .s;i�;�•.,:r.N,1���\-rl;r' ^_
<br /> f.r• ,.ti;. in court.paying rea.vonvble nttomeys'fees und emerin�e�m�he Prc�perty to make�pairr►.AUhough L.ender may wke action ,
<br />-_ r• under this paragroph 7.Lender docs not have to do tio.
<br /> '�� � • :�+ Any amounts dixbuned by Lender under this parugraph 7.hull�tkYOme additionul debt of Borrower securcd by ihis
<br /> Security Insi►ument. Unles�Borrowcr and Lender o�ree to wher�cmi�ol'paymcnt,thexc amounts,hull bear interes� from the a
<br /> �' ��,,;_,;_,.,: date of disburr,ement ut the Note mte und shall br pay,�bla,wiih intrresl,upon notire from Lender to Bortuwer requesting -
<br />,;;�, �r�L, ,..-- . • payment, -.
<br />- ` �"�`' � "`'�" S. MoMgage Insurance. If Lend@r required monga�e insuruncc ati a condition of making the lo:u�xecured by this -
<br />'-.>r �����' ��.`x, Security Instrument. Borrower shull puy the premiums rryuired to muimain�hr mortguge inwronce in effect. If. for any ---
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<br /> �3< �...-••� f� ' reason, the mortg4ge insuranee coverage reyuircd by Lendcr lap+eti or ceuses to be in effect, Sorrowrr r.6al! pay the -
<br /> .' ,T,t,:.. +ror:..
<br /> '��:�' . , ,,, premiums reyuired to obtain coverage xubstantially eyuivulent to thr monguge insurunce prcviously in ef'�ect, at n cost
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<br /> , Ta�,�^,, Y . substantially equivulrnt to the ca.r•t to Borrower of It�e moeEc�ge in,urance previuu,ly in effect, from an s�lternnte mortgage i__
<br />- .-•,.�;�;;• .� b'�� ingurer approved by Lender. If sub.tantiully eyuivul�nt moAguge insurunce cnverage is not avuilnhle,Born►wer xhall puy to
<br />_ . � L.ender euch monlh a sum eyual to one-twelflh of�hr yrnrly mortguge insur.�ncr premium being puid by Bormwer when the �''V
<br />-T? ��::.•�...' insurance coverage lupsed or crused to hcr in rffect Lendrr wi 11 ncccpi,use anJ retuin the,c p•rymrnts u.o lo�s mtierve in lieu `
<br /> '* ��'' �, �;y�,��, :. of mortgage insuranre. Los.r• reservc paymems muy no I�Mgcr Ix reyuircd, ul Ihe oplion of Lender,if m.xtgage insurancr �-
<br /> •t,: :a;,� :�.
<br /> covera�se(in the amount und for the periocl�hut Lcndcr reyuirex►providcJ by un in�urrr appmved by l.ender ugAin t�ecomes _
<br /> � � ` , � s�vuilable and is obtuined.Bornower.Fu�ll puy the pnrniums rcyui�d io m•rint�in mongsige imurunre in effec�,or tc•provide a
<br /> '! '�'""`'��' loxs reserve,unlil the reyuimmem fcx mongu�te intiurm�c enJ�in ucrordunce with uny written a�rcrment between Borrower �V
<br /> ; und Lender or applicuble law.
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<br /> i''' � 9. Ins ecdon. Lr:nder or ils u�en1 mu mukc rcuxonablc rntrics u m and in+ �uons of the Pn� n Lender+hall =-
<br /> �_ ..,• . �;�� P b Y P� P�'� Pr Y• _--
<br /> "'�:�:_�.• .. ��;��• give Bonower notice a�the time of or prior to an ins�rtion+�cifyin�rcusonu6l�ruuhe fi�r thc ins�xction. _:
<br /> ' 10. Condemnatfon. The proceed.of uny aN•�rd or clairn for Jamug�s,dirert�►r rnntieyucntial,in runnection with uny Y`u
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