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<br /> . 93- io�x�s �-
<br /> periods tbM L.�tdsr tequi�. The lasura�e c�rtier providln�the fnwr�ica sbdl be ciuwen by Bamrver wbject ro I.eoder�
<br /> . j �pp�avd whieh�hdl not be unroaonably�vithhe{d. If 8wrower fiil�to mAint+�in coverage dac�bed�bove�Lendes nyy.�t
<br /> L,�W+rk cpk+�,abWn oovenp b p�neec�e l.eederk d�fn�e�ty in�ocoid�noe with paynp6 7.
<br /> AI��ce policia a�d�a�awula�i�ll bo�xaptable to md�ait Inciuda a aandud mort�e clw�e. l:et�der
<br /> �h�Jl Mve da rf�ht w hold the policier�nd traiewale. If Lender teqnir�.Bonnwu sh�p P�A��Y Y;ve to l.a�der dl rxeipu
<br /> of qid promiunto�nd�cnewd notices. In the event of lus,v.Bonowe�ah�ll Qive pranpc notla to the inwnnoe auyia wd
<br /> Landet. Lader trry muke pa�P uf loxs if nw m�de P�l�Y bY Bo+'rower. �
<br /> Ualeu�L.ender�nd Rormwer atl�erwias��roe in writin�,insurance pruceeds rholl be�plied w reuoratian or np�ir oY
<br /> the dama�cd. if the rcstaaUan or tepair i+ei.�nirnlly feuibk wid I.enderh xecur�ty is not leasened. If the
<br /> n��a rep�ir is not ecoeomi�ally feswibb or Lendery secu�ity woukl 6e les�enal� the insu��nce pr000eda slwlf be
<br /> �pplkd W the wms recurod by thi� Secwity Insuument.whether or nat then due.wlth�ny excess poid to 8ortov►er. If
<br /> gonowar�p�ndons the P�qperty.or does nat answer wllhin 30 daya a notice from LeMer �hat ihe insurancc curier hav
<br /> otTerod to settle�cl�im,�hen I.ender mwy coQxt tho insurw�ce proceod�. Lender m�y uae�he proceeds ta�epair or r�ewro
<br /> the PrcpeAy ar to pay sums becurod by t6ic Secwity Inswment.wheUxr �wt thca►due. The 30�day period will beQin whqi
<br /> �bio aoticx U given. _
<br /> Unle�s Lender wid Bortower othei+visc agree in wrlting,any appllcalion of pracecds to principal Rhall not extend or
<br /> postpone tho due ds�te of the monthly paymenls�efomed to In paragraphs 1 and 2 ar chupge the amount oi the paymentx. ff
<br /> under p�rAgraph 21 the Property la acquircd by [.ender. Bortowerk right to any inaur+nce poUcies wnd proceeds resulting
<br /> fram danw�e to tl�o Property Pdor w tha acquisitian�h�ll pags ta L.ender to the ezcant of the cuma s�ecuRd by this Socu�ity
<br /> Insaument Immediately prior to�heacq uisi�ian.
<br /> 6. Occupa�ncy, Preservatian, MaNteasnce Aad Protection of the Propertyi �'ower•a I.00a Appflcatbni
<br /> I.ea�eboldi Barower ahall occupy.eswblish,and use the Propetty as Borrower�principii residence wi�hin siuty days efter
<br /> 1he execution of this Security Insdumeot�nd slwll continue to occupy the Propeny es Bomower�principd iestdcnce for at
<br /> least one yeur after �he date of oecupancy, unless L.endar otherwise ogrees in writing. which cons�mt ahull �wt be
<br /> unrcasoreably withhcld.or unless extenuating circumstw�ces exist which are beyond Bormwerk control. Bortuwer RhsJl not
<br /> desiroy,d�nwge or impair the Property.�Ilow the Property to deteriorntc.or commit waste on the Property. Borrawer shall
<br /> be in dofs�uk if ony fori'eiture actian or proceeding.whether civil or rrimin�l.is begun that in Lenderk good faidi judgment
<br /> could rcsuh in forfeitura of the Property or aherwise materic+lly unpair ihe lien c�ated by this Security Inswment or
<br /> Lender�ssaurity interest. Bomower may cure such a default and reinswte.ns provlded in parngraph 18.by causing 1he action
<br /> or proceeding a be dismissed wilh a niling thut.in Lender's good fuith determination,precludes forFeiturc of the Borrowerk
<br /> interest in Ihe Propeny or other muttrial impairment of the lien created by thls Securiry lnswment w Lenderh securiry
<br /> interesw Borrower shall also be in default if Bomower, during the loan applicution process, gove materially false or
<br /> Inaccut�te inFormatton or statements to Lender(or fuiled tu provide l.ender with uny mniedol info�snation)in rnnnection with
<br /> the loan evidenced by ihe lVote, including. but not limited to, representutions concerning Borrower�accupancy of the
<br /> Pivpe�ty as o pdncipnl rcsidence. If this Security Instcument is on u leucehold,Borrower ahull comply with�II the provisions
<br /> �f���av, �f Rormvver ncyuires fee titie to�he Prope�ty.lhe leasehold ond the fa ti�le shall not merge unless Leuder ogrecs
<br /> to�he merger in writing.
<br /> 7. Protecfion ot Lender's Rtghts in lhe Property. If Bormwer fuils to pert'orm the covenanls und agreements
<br /> con�uined in this Securiry Instn�ment. or there ia u legal proceeding thut may significantly uffect Lender� rights in the
<br /> Piropeny(snch es u praceeding in bankruplcy,probale,Por condemnu�ion or forFeiture or to enforce luws or regulutions),then �
<br /> l.ender moy do und pay for whatever is necesxury to protect the vnlue af the Prc�etty and Lender's rights in the Property.
<br /> � Lender's�clions mAy include puying any cums secured by u lien which hns prior+Q•over this Security Instrument,appearing
<br /> in court, paying reo.4onnble uttomeyx'feeg und entering on the Property to malce r+epairs.Although I.ender may leke actian
<br /> under this parngruph 7,Lender doe.r•not have la da xa.
<br /> Any omounts disbun;ed by l.ender under this purngmph 7 .hall become additional debt uf Borrower serumd by this
<br /> Security lnstrument. Unlexr Bormwer und Lender agree to other temis af payment,thesc amounts xhull beur interest from the
<br /> dnte of disbun+ement ut�he No�e r+ite and shnll be payable, with interest.upon notice from l.ender to Burrower requesting
<br /> payment.
<br /> 8. Mortgage Insunnee. If Lender requircd mortguge insurunce u�n condition of muking the loan�ecu2•d by thix
<br /> Securiry lnstrument.Borrower xhnll pay�h�premium+� n�yuired ta maiintuin �he marlguge insuroncc in effect. lf, for:utiy
<br /> reason, the mnrtgUgc insurnnce coverage reyuired by LenJrr tu�»c� m� ceu.e, to bc in effect, Dorro�vcr ,tiaU �ray lirc —
<br /> premiums reyuired io o6tain cover.��CC subhlanliully equivalcnt to the mortgage in.urc�nce prrviouxly in cffect, at a ¢art
<br /> substsmtiplly equivulent ta the cosi to Borrc�wer of�he mortgage imuruncc previuusly in effect,from an altemate mortgage __
<br /> in�urer upproved by Lender. !f xubxtuntiully eyuivalem monguge insurance coveruge is nm u�•uiloble,Bomower xhall pay ro —
<br /> l.ender euch month a,um eyuul to imc-Iwclf�h ot'�he yrurly mongug�insurunce premium bring puid My Borrower when the
<br /> insuronre rnvcruge lapxed ur craxeJ to Ix in effect. L.nJer will accept,usr and rctuin�hr,e payments as u lox.reserve in lieu —
<br /> of mortgugc insuruncc. Luxs rescrve paymemx may no longcr Lx requirrd,at�he optian��f Lender,if mortgage insurnnce
<br /> coverage(n the nmount and for the�riuJ thut Lender reyuim.)praviJed by un in,umr approvcd by Lrnder oguin become�
<br /> nvailnble ond ik ubtuined.Borrciwer�hall pay the premiumx requircd to muintuin mungu�e insuruncr in effect,or to provide a
<br /> toss rexerve,uniil the requiremem for monguge inwrance end.in ucrordurne with uny wriurn vgreement betwecn Burrower —
<br /> and Lender or upplicable luw.
<br /> 9. Inspection. l.ender or il+:�g�nt muy mukc rcus�mublc cntrie+upnn+md insprc�iom uti the Pn�perty. Lender shall
<br /> give Borrower notire ut Ihe time of or prior to an imExc�ion sperit'ping teu�onuMe cau.e tiir�hc in,�xc�ion.
<br /> lY. Condemnallon. 71ie pr�rrd+af any awurd or cluim liir damage�.dinct or ranscyuential,in conneciion wilh:u�y --
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<br /> srca tatta Nieunnu vamf.N�c.■ -_.
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