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<br /> . pe�iodr tluit I.,endariequire�. The inru�snoe curier provklint the iniu►a11pa.+�f1�N�be cho�on by Bam�aubject ta Lmderk
<br /> �ppmval�vhkb�hall not be wu�on�My withl�eld. It Ban�owe�f�il1,IR.�Nlintlllll�{Nn'�dexribod abave,l.a�dar nuiy.M
<br /> L�brk cplal�obqin oov�rya b p�ob�K I.cnderl��iQht�ln Ihe in,�pootd�ll�i�w�PW+��7. �
<br /> � All i�uu��nee policies�nd renewa4�fwll be able w.L! pr�a1d�Rh#IIi1�ltiftN�t1��rtwn�4nd maits+�e clauw, t.a�ler
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<br /> dylf h�ve Ibe d�ht w lald the policks�td�newdr. f txnderc�qqqi�q�.�nrtqw�'Rh#111pR�►IM�Y Yfve Io l.ender dl rocoipla
<br /> of paW pn�miwnx nnd renewal notices. In Uk event oF I�ns..8rt►�rtnwer,sh�ll��ive plqm}tt:notiw w�hv insu�cQ��rtia�Md
<br /> La�der. Lerder may m�ko pnaoP of laca if na m�de pmmp►ly�br�rrqwcr,
<br /> Unlea l.ender+ind Bcxrowcr dherwi�c a�reo in writin8,inrumnqe prnceods�ahAlh dc�pQlkd�o�rstonula�or�ir of
<br /> -----�— �he H+oreRy damn . if the �estcxatinn or rcpefr ig eeorhHnMnpy feasihlo�nc)•Len�trcw recurity in not k�ened. If U�o
<br /> rc�tantia�or r is no1 ecanomicdly Teuibb oe Lendarh�ceoudly would be.le�s,t�ti�,tha inRUratx�c p►oc�eeedr.�hal�be
<br /> �ppliod w tho swns secwed by�hic Securlry Insirumenb whathaf or•nc►t tbaa.dua,withiany excesa p.id�o Bomower. It
<br /> Barower abandon:the Prope�iy,or doea not anrwer wJthin 3(1 days�n nMi�ao from l.endor ihwt tho in�unNCC cardor hua
<br /> offerod to settb a ciwim,�hen Lender may rollect tfia incumnoo pmcooda. L.endar may•ucp the proroeds to Rp�ir or rcxtorc
<br /> �he Pnupaty a to pay wmc:ecurod by tlur Secu�il�lnwumanb whathar or nM t11Dn dua.•T�ba 30�d�y perioc!wI ll be�in whea _
<br /> tbe rotice is given.
<br /> Unlexv Leader and Borrawer otLerwise agnee in wrlting,eny app(ication of pmcsudF to principal Rtwll nd exterd ar
<br /> postponc�he due date of Ihc monthlY poYmenta rcPeRed to ln p�gmph�1 and 2 oc chpn8o thc amount af Ihe payment9. IP
<br /> w�der pu�graph 21 the P�operty is sicquinal by I.endor. Bntmweri�right to any insumoaa policies wd praceeds �exulNng
<br /> from damoge to the Property prior to the acquici�ian 6hall paxs tp i.cndar a Ihs ext�nt;of�►he suma socwed by 1hi.g Securiqr
<br /> Instrument immediaoely prior w thcacquisition.
<br /> 6. Occopa�c,, PreservnNoa, Mpiahnaace Aad Pratectbn of t4a ProppMrt�Borrower•a tww� App1{cwtio��
<br /> I.easeholds. Bomnwer s6all occupy.establish,and ure Ihu Propany aA Bo�roworh p�naipwl�tesidence wlthin siaty days afoer
<br /> the eaecution of this Sau�iry Insuument und Rhall cantinua to ocoupy the Propoq,v as Bnrtnwe�g principal residerree for at
<br /> least one year after the date oi accupancy. unl�ss [.ender aharwisc ag�x in wrilitlg. which ��un�nt �iwll oat be
<br /> unteasanably wiRhtield,or unless extenuating cincumslancex exist which aie 6oyond Bi►rtqwork cantrol. Botrower shnll not
<br /> destroy.damage or impuir 1hc Pmperty,ullow the Propercy to detarioratc.or commit wnsla o�the Pr�o�Ay. Borrower shull
<br /> be in default if any forfeiture nction or proceeding,whather civil or criminal, is 6egun thpt.in l.tnder's good fuith judgment
<br /> couid nsult in forfeiturc of the Properry or otharwise matarially impair tho lian cr�ula�i by Ihis Security Instrumen� or
<br /> Lx�erk securlty interest. Borrower may cum such u dafuul�und rein�tute,as provid�d in,p�uc�gn�p61R.by causing the�+ction
<br /> -`'""'� a�x�eding w be dismissed wi�h a ruling�hat.in L.ender's good faith determination,,pntciudas farfeiw►e of the B«mwe�'c
<br /> intercst in the Property or other materiul impAirtnant of the lien cn;ated by tfiiA 5ecutiiy Inxlrument or Lertder�srcurity
<br />= interest. Botrower shall al�o be in defuuU it'Botrower, duriog tha loan oppliaatinn process, gave materi�lly fal,� ar
<br />-= inuccumte infortnadon ar s�utementa to L.rnder(qr fail�d to provida Lender with any maturiol informationl in rnnnec�ion witfi
<br /> r �he loan evidenced by thc Note. including,but not limiled to. �prer,enturion�:canaeming Borrowerc accupancy of the
<br /> Pmperty as x principu!residence. lf this Security In�trumont is on a lant:ehold..&►mower.hnll comply with ull the�.*nwi�ions
<br /> of the lease. If Bormwer acquircs fee title ta I�g Propeny,the lauseh�ld nnd ths f4e titla sl�ull na merge unless Lender ugrees
<br />– to the merger in writing.
<br /> 7. Protection of I.ender's Rights ia the Proporty. If Burrower fails tu perform the rovenu�ts and ugrcements
<br />– contuined in this Security Instrument,or �hNn ir u logal procecding diat may gignificandy af'fect l.enderk righ�v in the
<br /> Propeny(such ws a praceeciinR in bankniptcy,probot�,fur condemnation ar forfai�u�or to enforce Inwx or reguladons),then
<br /> - Le�der may do und puy for whutever i�necexsury�o protect the vnlua of tha Ptop�m,r und Lendcr'.s rights in the RapeAy.
<br /> ' Lenderfi uctions may include pAying nny xumn securt�d b��s�tien whfuh hu�priarily ov@r this Security Instrument,appearing
<br /> .; in caun,paying reusanable uuomeys'fees und emcring un�he Prupeny tn muke mpalr:i.Althou�th Lender may Iake artion
<br />_;:� under ibia paragraph 7.Lender does nat huve to du xo.
<br /> �;��! Any Amoums disbursed by Leiidcr under thin purograph 7 shall t►ecumc�addiNunal debt af Bormwer secured by �his
<br /> .�� — Secwit�r Instrumenl. Unless Bom�wer and Lender ugn�c Io ixhrr t�srmn uf puymunt��lhaee umauM�sh�ll betu�intere�t from the –
<br />_ .�, date ot disbu�ement at the Nate rale and 4ha11 be puyuDle,wi�h inlurtsr:t,uppn.nntiae from l.ender to Born�wer requesting
<br />-=�� paymen�.
<br />',,�i? S. Mortgage Zasnr�nce. If l.ender rcyuired monguge in�uruncc ax a condition of muking the loan secured by thiti
<br /> Securi�y Instnim�m. Hnrmw�•r.h:�ll pay thc prc•miumr:required�o mnintuin thc mongage insurunce in effect. If,for uny __
<br /> � reason, the mortgege inyurnnce rnverage ruquimd by Lendor liipx K iir ceuxes to t►e in effect, Barmwer shalF pay the
<br /> premiums required to obluin coverage subxtuntiully equivalem t�� tha mnrtgag� inrurance Fx�eviously in eifect, ut u cost
<br /> '���� substanlially equivulent to the cost�o Borrawer of�h�m��rtguge in�umnce pruviaur:ly in effect,from an altemate mong•rge
<br /> _.�;�. . .:._
<br /> • �:, insurer upproved by Lender. lf sub�tuntiully eyuivalem manguge inxunince co��erugc iti not Avuilable,Borrower shull puy to
<br />.,�; �,;;,j�;;�'• l.ender each month a sum eyuul to one-Iwelsih of�ho yeurly mnnguge in.unmwe premium being p•rid by Borrower when the
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<br /> ,.`s ;,.�. insurunce coveragc lupsed ar reused to tk in effrct. Lrndcr u�ill ucrrpl.u�and ts�uin Ihese puymems us a Irns reserve in lieu
<br /> Y����.'�'�:'«_�� of mortgage inxurnnce. Loxc rexerve payment� mny nn longer he reyuireJ, at��he optian of Lender, if mortguge inxurance
<br /> ,�? „� covcrage(in Ihe umount und fnr the pericxl thut Lender n:yuin:+!pm��ideJ by�n�in�urer nppmved by Lendcr u�tain liecomex
<br /> '•"��"'��'�'w�''�' " nvnilnble und is abtained.Bonower.hall puy�he pnrmium.reyuin�d to muimuin�mortgugc invurance in efFect,or ta pravide u
<br /> "��``�..�.�:--.` loss reserve,until the reyuiremem for mongugr in�unmcc rnds in ucconluni:e•wi�h uny wriuen a�tmement be�ween 8arower
<br /> '� x�;�:.: :•.�• and Lender or applicublc luw.
<br /> x"�=��• '� 9. InspecNon. Lencler or itx agem may mukr nru..rouMn cnnie.upnn unJ intipertion+of the Property. Lcndcr shall –
<br /> ��*%'�� give Bortower nutice ut the time of or prior to un impec�ion xpccil'yinN nrua+im�Nle ruuse ti�r Ihr inxpection.
<br /> �" a:.w=`, 10. CondemnAtiop. The proceed,uf uny ue•ard nr claim ti►r dumnpe�,dircct or con�eyucntial,in connection with uny
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