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<br /> - -- � �93_ i06345
<br /> S. }��� or proppty Io�araooe. Botmwer shall keep the improvanents now oalWin� or hereaRu eroctad an dr
<br /> Praperty inwred nW�nRt lon by flro, hoxard�includod within thc tem� "extdded covsn�a'md Any cnher hazards. includin�
<br /> floods or floodin�, far whirh Lender requircs inwraMx. This inwranc�ah�ll be mAfntxinod in the�wats�nd tor the periods
<br /> tlwt l.,pider roquirc�s.'M�o inaursnca car�icr prov�iln�the inwranco�Iwll be d�Kn by Bc►rmwor wbJoct to l.ender'�approvd
<br /> whish �Iwll rwK be unrea�onably wilhheW. If Botmwer fdis to mAlntwin coveragc dcscdbod abcwo. i.endu tnRy� at t.ender's
<br /> option.obtain coveragc to protect Len�ler's rights in Ihe Praperty in accordancc with pAra�raph 7.
<br /> All in�arance policfes and renew�l�stwll be Acxeptable to Lendcr ond �hall includo o su�ndard mort�4g�cloure. Lender
<br /> shall twve du right ta hold the policies and rcnewxle•if L.ender roquirea,Borrower ahWl promptly giyo to I.ender d!raxipls of
<br /> - " "`� P p�fd pnmiums and renewd naicca.In the event of losx.Barrowcr rlwll aive prompt notia ta tha insuronx cer�ler end Lender.
<br /> I,ea�der may make praof af loss if not made prompdy by Borrower. .
<br /> Unless 4ender and Bornnwer otherwlse agnr.o in writing. insurance procads shal� be aPP�iod to rastaration or repsir of the
<br /> — Froperty danuged,if the restorat[on or rep�i�ic economically feasible and Lerdor'a secudry is nat Isss�anod. If the reswration or
<br /> _ _ �----� rc�ir is nat cconomically feasibl�or l.ender's secu�ity would be le,ucned,clu insuroncx proceed�ahall;be appliod to the wms
<br /> sec�rod by Ihls Socurity Instrumemt, whethar or not then due. wlth any exass paid to Borrower. If Bar�uwer abandona 1he
<br /> Pra�+eRy.ar does nat ar�sswer wiU�in 30 days a notice from Lender thut the insurnnce catrier ha.g affered to settle a olajm;iheti
<br /> � Lender may ca!loct �he inaurance praceeQQ• Lendar ms►Y uae the Proceeds to�cpair or restore the�iiy a'to pay swns
<br /> secured by thls Sacurity Inatrument,wheth�r aa not ihen due.Tno�aaay�ri�a w��i���Wn�n��e��av�.
<br /> '"�' Upleac Len�ier and�nrrower othenvise agrfe in wddn$, any applicadon of procecds to princi�al �shail not extend or
<br /> -- postponc the due date of Ihe manthly payments rcferred to in paragraphs 1 and 2 or chu�ge the amaunt of tha paymcnta. If
<br /> uider puagnph 21 the Property ie acquired by L.endar.Bonawer's dg6t to any insurance pa�iaies and proaoada reculting from
<br /> . �T . ^ dun�ge w the Propeny Prior w the acquisition sFwll pass to Lender w the extent of thc sums securod by thfs Seeud�y Inetrumet�t
<br /> _- immediwtely prioe to the Acquisition.
<br /> — 6.Occup�ncy. Prc�ervAtion.lNointenance and Prntectlon o�Ilrc Prope�ty;Born►wer'r I.own Applk�tloni Leareholds.
<br />_ 8orrowcr shWl occupy, cs�obliFh,aod uFC Ihe Properly a4 Borrawcr'%prbKiprl ronWcinc wfthin aixty duyr ailer�ho caacullan of
<br />= thir Socurity In�trumcnt Wnd�Iwll c�mtinuc a�accupy�hc Pn�pcny ur Born�wcr'K princip�l rcridencc ti�r at Ir.�*t onc yc�r aftc�
<br /> � thc dw�c�f�xcupuncy, unlc��l.cndcr�Nherwik ugnxs in wrltin�t, which cun�cnt�Iwlt iw�hc uureuw►nuhly wi�hhclJ.��r unkKA
<br /> ex�enuWin� circumx�uiKCr exi+� which ure beyoi�l &�nowcr�r ci�Mrul. 1lorrow�Cr tilwl) 1xN tk�Atruy, Jumw�e ur impAir Ihe
<br />- Pn�perty, u0ow Ihc Pru�krly to Jetcrfomtc. or commlt wu�ic un Ilu Prupchy. &�rruwcr wiwll t+o In defuuli if�ny fnrfcfwro
<br /> - acd�m or pnKC,afinp,whc�her rivil ar crfmioul. i�i+egun �hu� In IAiKkr'x g�wrl t�i�h jwlemem c�wid rewl�in f�feiwre uf�he
<br /> ' Pn+perly nr�11�crwi�c m�ierially impuir Ihc licn crc��al by Ihie�Secudry In.rtrumcnt or l.cnJcr'r+�u�ity inlore►t. Burmwcr may
<br /> curc xuch u default Lnd rcfnr:tate,a.�provided in purogrnph I8, My causi��Ihc a�tion ur pra��fng io bo dfKminsed with a ruling
<br />= tlwt, in l.ender's Q�nd fuith dcicrminuli�n, precludes forfeiwre uf thc Born►wcr'K in�ere�t in Ihe Prope�ty nr uthar material
<br /> t impairn�ent af the Ilen creatod by Ihia Secu�iry Instrumem or i.encier's Focurity ir�terr.i, Burrower shafl a1MZ bc in dafault if
<br /> - Borrawcr.during the Icwn applicutian process,gave ms�teriully falsc or inaccurate inform�lion or�tut�mantK to Lendar(or failed
<br /> '�'�'� to pravide I.ender with uny material infomwtion)in connection with the loan evide�xed by the No�a.including. but not limited
<br />- ` �" to,representations conceming eorrower's accupuncy of the Propeny a+a principal residence.lf this Security Insu:vment is on a
<br /> • 'r. � leasehold, Borrower shall comply with uU the pruvisions of the IeASC. If Borrawer acquires fee tido to tihe Property, the
<br /> ,..���:•
<br /> , ��•?;,�;•, leasehold and the fee�itle shall not mcrge unless Lender agrees to the merger in writing.
<br />� , �';�,�:�r:' 7,Protectiop of I.ender's Rights in the Properly.If Barrower fails�o perforrn the covenants and�apnee�ents cantained in _
<br /> � .��•:-.
<br /> _ p��%�'>"n-•�.-:-.Y" this Security Instniment,or there is u legal proceeding thal may xignificantly afiect Lender's rights in the P�+rperty(such as a =-
<br />`' y ;�,� , .,..
<br /> �. a,t�� �� ,�'� praceeding in bankruptcy,prabate, for condemnation or farfeiture ur to enforce laws or regulationa), tben Lender may do and
<br /> 9`�''' � ' " "'`' for whatever is necessa �u rotect the value of the Pro n and l.ender's ri hts in the Pro rt I..�:nder's ndions ma
<br />''����� �,, .�a. ' ��',_r�,.{�4` Pay ry p Pe y B Pe Y• Y
<br /> r. , �',�,+s. . �,,�1SA include paying any sums secured by n lien which hAS priorily aver �his Securiry Instrument, appearinp in court, paying =
<br /> .��rey'�5f�.� .:-l���.
<br /> �,f�,�; • ;.;�,�;,,,. reasanable auorneys'fecs and entering on the Property tu nwlce repaira. Although Lender may take aotiam under this paregraph �_
<br /> . •;�:ifi r.;... ,
<br />. , :;�.�.• • •�, 7,Lender does not heve ro do so. �.
<br />• s��-��aea� Any amounts disbursed by l.ender unJer Ihis paragraph 7 shu11 beci�me udditian�l debt of &irrowrr secured by this -
<br /> . �?� ��' Security Instrument.Unless [iorrower und l.cnder agrec to ather terms of p•ryment,thex Amnun�x shull�bear interest from the =
<br /> ' ' date of disbursement at �he Note mte wui shall be payablc. with interest, upon notice from Lendur tu 8urrower requesting
<br /> �^`a'�� ' payment.
<br /> �.,; '� - � 8.Morlgage Insuranee.If Lender required mortguge insurenre as u conJition of n�aking the Inan necur.d by this Security _:
<br /> '�'•' ...a.� •.;?t;�,: Instrument. H��rrower shull pay the premiums required to muintuin thc mongage insuruncc in eff�ct. IP. 1'or any reason, the �"
<br /> ``~ • `�� mortgage insurancc coveragc required by Lender lupses ur ceusex to t►c in cf'fe�t,Borrowcr +hall pay thc premiums requlred to _.
<br /> _ .•:;;s' _..
<br /> "- �� obtain mverage substan�ially equivulent�o the mongage in,urancc previouxl��in effect,at a r��st subr�tantiully eyuivnlent ta the
<br /> '�;. „}''��rk���:. ,' rnst to Borrawer of�he mongage insurancc prcviuusly in cl'fect, from un s�ltcrnutc nx►nFagc in�:un:r approved by l.cnder. If �=::
<br /> � , -���` ,'�''�`� substAntinlly equivalent mnrtguge insurunrc cnvcra�c i,not avuilublc,B��rr��wcr ,hull pa�•ti� Lendcr cach mnnth a sum equal to !
<br />;,.� ' " � ane-twclfth of the yearly rtxmgu�tc insurunrc premium heing paiJ by&irrawcr when thc in.urancr rm�cragr lapsed or ccased to _
<br /> � � ' � be in effect.Lender will uccept,uK;und retuin thcxc payments a.r a losti re+crve in licu uf nwrtgugc intiurance. Los� reserve =
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