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:,: •W.._ _ <br /> -�.::_ J ;� � � - - -- -- .-: �-- _ <br /> �..._ �, �� '•�- <br /> . ��� <br /> S. l�arar! or h�opMiy i�aioe. Borrower dull koep tbe improvcrnent� now eatttln� or h�asafter eiec�ed oa Uw <br /> i�rap�erry Irourcd a�inu laau�by tirc. Furanfa inciuded within�ho tcrm�4'xltlldOd O�VCi�C�and�ny athar h�rard�, inaludin� <br /> tfooc4�or Roodin�. for which l�e,t�der requfr�a�irowrar�e.'11ds inwr�ncx�iuJl ba m�intained In tMe�mo�unts and for tlrt pe�iad� <br /> tba Ira�der roquira.'fha{nwr�noe cartior pravWin�tbe inwru�oa�h�ll bo chn�en by Bonower wbjac�w I.ender'��pprovv <br /> which�Full nol be unr�c�wn�bly wftl�held. If Borrowcr faila to malmaln rcwora�e darribed�bov�.La�der nry. �t I.a�der'� <br /> aptbn,nbtaln aover�e to proloct Lender'�ri�INa io thc PropE,�ty in�danae wUb p�raQnph 7. <br /> All inwtaioe pMicfes and nenewab stwll be aocepnble lo LendRtr uu1 shal) includo a uardud imrt�e clwse. Ixnder <br /> sh�l!have tho�i�ht w hold the poNcles md natewd�.It Lender rcqilire�,BiKruwer�11 pr�►m�ly�iva to L,aWer all rooelpts ot <br /> ��— p�10 pnmiwns arW renewa!�ottcrs.[n thc evr.nt of loss.Borrowor s�ult aive prompt n�tkc co ehe iasunnce carrler ond l.ender. <br /> l,mder mry m�lce proof of law if oot m�dc promptly by Bomowcr. <br /> U�less Lender md Bormwer dherwl:e ogr�oa in wdting. inwrancc pmceodx shail be epplied to reFtor3tian a�repai�at lhe <br /> F�roperty damsged. it the Kswr�tion w rcpwir ia ecannrt�k�lly Feasibic wid L�endePs sav�ity i�na Icsserrod.If the res�on�ion or <br /> repair it not ocaamk�llly fasible or Lender's security woutd be le�ceaed. tha inRUr�we praca�odr stwll be appliod�a the wurts <br /> - i--- _� e�u�ud by U�is Securi�y inslrumed. wixther or not timn dus. with any e�tcess psid to Bomnwer. li Borrower ab�ndonx the - <br /> Property. or das nat answer within 30 days�natf�e feom l.ender lhnt�hc ias�rance carrier has offered to setUe a claim. then <br /> Lender may oolloct�he incurance pnocads. l.enclsr may usa thc procood.4 W �epair or�+eston�he Pmpe►ty or to p�y su� <br /> securcd by this Security lnsaument.whetlkr or not Wan,due.7'ws 30�day perWd will be�in w6en ihe natioc is given. <br /> Unless L.endor and Barrower atbawise ugta in w!ri�ing. ony application of procceds W priacipal clwll not extend or <br /> postpone Nx due date af the monthly payments refcrnod w ia paraRrrphs 1 qnd 2 or chqn8e tbe arnount of the pvyments. If <br /> unde�pruaig�pU 21 the Prope�ty is arquired by l.endur.Borrowcr'�d;bt ta mv iaRUr�ncx pdicla�and ptncoals rowlting from <br /> d�nage to the Propeity prior to the�cqW�itiai�hali�ppas tp Lendar W�be excent ot'tbe sums sxund by this Security Instrumau <br /> -- inwediauly prior to thc ncquisidon. _ <br /> 6.Oocupa.cy,Preservation��nce a�d Rvicec�on o!UQ Propertya Borrow,er�s I,oan Appltcacioo;l.easeholds. <br /> is� ,, i ;I Y���r� Borrower sholl occupy,establish.and use�he P�+o�eKy as Borrower's principal reaidence within sixry days after the execut�oo of <br /> this Security Instn�mau and shall continue ta occupy the Pmperty as Bar�awer's principal rcsidence for at least ona year aRer <br /> � � i� th�datc of oocuparxy,udas.c Letder othenvisc agtres in writing,whicN con�enc shall not be unrcasonebly withheld.or unless <br /> °:;t extenuating circum.gtaua.�, eaist which arr beyond Surtower's canmol. &i+mwer ahall rwt deslroy, damage or impair the <br /> Property. allow the Property to deteriarate. or commit wasta•on the Property. Bor�wer shall be in defautt if any forfeiture <br /> � �,i::i actlon ar proceeding,whether civi!or caminal. is begun that�ip�Lend�r s goal faith judqment oould result in forfeiture of the <br />-{� Property or aBerwise materielly i�air the lien crcated by thie S$curky lnstrument Ar Lemter s security interest.Borrower may <br />,_ cune such a default a�d reinslAte.as pmvidad in paragraph 18.by causing thB action or pmceeding to be dismissed wilh a ruling <br /> that, in Lerder's gc�od faith detern�inatian, preetudes forfeiwre of Ihe Bc�nrower's interect in �he Property or other materiel <br /> ��,��5s, i���rain���i uf ihc iini crwia! by in�i� $ccuriiy luxuumcni ur ixmkr'�xcuciiy inierrai. Fiurrower shaii aiso be in ciefswit if <br /> l�i� �f' Borrower,during the loan application proc�ess,gavc materially ILir�or inacrurrte informalion or s�utements to Lender(or fsiiled <br /> ' to provide Lender wilh a�y material information)in rnnne�Kion•with�the lonn ecidencod by the Nae, including,but not limited <br />'�"� p to,repr�.ce�lations concerning Borrower's occupancy of 1he Property as a principul residence.lf this Security In.ctrument is on a <br />' ;yi�� leasehold. Horrowet sh111 comply with all the provisians of the lease. !r Borrower acquires fae litle lo �he Prnperty. the <br /> . x , .3."n" <br />_ .. r.:��•� Ieasehold and the fec�itle shnll not merge unless Lendcr ngrees to the merger in writing. <br />- ' r< '`��" 7.Protectbn of Lender's Rights In the Property.If Borrower fai Is to perPorm Ihe covenants and agreements contained in <br /> x`.�`,��-� this 5ecurity Instntment. or there is a legul pracceding that nury �igniFcuntly uffect Lender's rights in the Property(such as a <br /> , <br /> proceeding in bankruptcy,probate, for candemnation ur forfeiture or tc,cnforce laws or regulatians),then I.endez mny do and <br /> , ;, �r:;�t��,'.�� pay for whatever is necessary to protoct the value of the Property mid Lender's rightx in the Propeny. 1.tnder's ac�:o^� may _ <br /> j�t ,: include paying any sums tiecured by a Ifen which hAS priority rne� �his Security Ins�n�men�,appearing in rnurt, paying <br />, y •�+. reaconuble attorney4 fecs and entering on the Property to make repairs. Although l.ender may take action unrler this paragraph <br /> 7.L,ender does not have to dn w. _ <br /> ��� Any amoun�s disbursed by l.ender under this p�ragraph 7 shall becomc addi�ional debt of Borrower secured by this <br /> � , . �: <br /> ;,�-.t�:�=".;..�; Sccurity Instn�ment.Unless Bortawer and Lender agree lo Mher termti uf payment, these s�moun�s shall bear interest from the <br /> "� �}=�'��°��'.,- ��. dute of disbursement at the Note rate and ahall be payable. with imerest, upon notice irum I.cnder to Borrower requesting <br /> '"�t�':• .: ` �yment. <br /> - �'��.� , 8.NAort <br /> -� � , ", gage Imurs�nce.If Lender required m�inguge insurance ati u conJition uf making die I�►un sc�ured by this Securit�• — <br />`ti' ��° Instrument. Borrower shnll puy the premiums rcquirrJ �o muintuin Ihe m�inguge intiurunce in effcct. If, Por uny reuson, the � <br /> ' ° . "�� `"} mort A e insuronce covera e re uired b Lender la ses or ceuse�to be in ef(ect, &iROwcr shuU the remiums r uired tu -° <br /> ,`..�. S S 8 q Y P P�Y P eq � <br /> � - '�:1��y'-� obtain rnvera e sub�antiall � urvalem tn thc mun a c insur�nrc rcv��rosl in et'fcct, ut u cost wb�lantiull e urv�lent tn the <br /> .� �,.. 8 Y 'q � RR P Y� Y q � <br /> j�l��• cost to Borrower of the mnrtgnge insurance previously in effcrl, frnm vn altcrnutc m��rtgugc insurer approved by Lender. If <br /> .*�. , „1�1A•�R.. , � — <br /> •,yl�r.:�,;t ` subrtantially eyuivulent mortgage insurunce ruverage is n�n availaMe.Bunawcr shull pay u• I.enJer�•rch rtxinth a xum equnl to <br /> ' .• �+Y?� . onc•twelfth of�he yeurl y murtgugc in�uranre prcmiwn lxing puid by&�rniwer whcn Ihc in�urunrc coverage lopud or ceased to <br /> , bc in effect. l.cnder will accept,usc und retuin�heK paynkntti•r, �Icr� reservc in lieu of mnrtgage insurance. 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