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<br /> - -,.r---- � � 3�- 10568 � -
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<br /> �� pe�iudr�hut LcrWcr rcyuires. Tho insumncc coRlcr prc�vldin�thc inr�uruncc hhull he chu,�en by Hiirruwcr�,ubjcc�tc�Lcndcr k
<br /> -. --= Approvai which rhull not be unnuaanubly withheid, If Botrower fuils to mninlain c�vernge deticrihed��have,I.eikler may,ut
<br /> L,eoderb opt�on,abtain caverage to protect Lznderk d�hts in the Prop�ny in uc�onJunre wilh{wrugruph 7.
<br /> - ° All fn�urunce policies wid renewals shall be uceeptable to Lender ancl�hull inclu�k u•rtundurcl m�►nguge cluuxe. Lender
<br /> ahall have the right to hold th�policies und rcnewula. If Lender nyuire�.Borrower xhall promptly give In l.cnder ull recripta �
<br /> � of paid premiuma and renew�l noUceti. in ihe evem uf Inxti,Darmwer�;hull give prumpt notice u�the inKurwice curricr and
<br /> - ° - - L.endpr. Lendcr may make proc►f of lars if nrn madc promptly by Barmwcr.
<br /> --- Unlesti Lender und BoRnwer otherwi.e ugree in wnling,in<urunce prcxecdti�hull he applicd iu rc,Ic►ruUon or repidr of
<br /> ---=�.-T,�--- ----,:- �
<br /> - the I'ra�rty damaged, if thc regtorutian ar repair i� economicnlly ieu�ible nnd l.r�xlcr: .rcurity i+ nut le+�.cuc.l. ��� °
<br /> -�---- rcst�t�n or repnir is not economically feusibM or Lenderk�ecu�ity wnuld he Ie�rcned, the inaurunce praceedx tihull br
<br /> '-- applied to the xums �ecured by this Securfry Inw�rumenl, whc�hcr ur ncn thcn du�, with uny exce�s puid ta parr�wcr. If
<br /> -� �-� :,� Bortower abandona the Property,or dcex nM cmKwer wilhin;U duyx u notice from Lender thu[ ihe mxurunce currfer huti
<br /> - - uffered la settle u claim,then LenJer muy collect the insurnnce praceedx. Lender muy uxe�he prc►�ecdx to re�air ur rer.lore
<br /> _�-,.. the Praperty ar to pay suma xecured by�his Secu�ity Ins�rument,wheiher or no�then due. Thr 3Q-duy perial will hegin when
<br /> -� the notice is given.
<br /> �� - '"-1� Unless Lender und Born►wer otherwise ugree in wrfting, uny upplicutian ol'prcxcedx to prinripal�hull not extcod ar �-
<br /> _�_,_ __�;9 pustpone the due dnte oi'the monthly puymente referted ta in purugraphx I und 2 or rhunge Ihc urnoum�if Ihe puyments. If
<br /> � � under parngraph 21 the Property is acyuired by Lender,Borrower�right to uny in�urunce �►licir. und praeedx resulling
<br /> — _ ��;''9j from damage ta the Property prior lo�he ucquisltion xholl puxx la Lendcr to Ihe cxlent nf the sums�ecured by�his Securiry �
<br /> ;� Inshument immediutely prior ta Ihe acquisition.
<br /> - --- � 6. Occupancy, Preservwtloa. MalntenAnce nnd ProterNon of the i'roperly; Harrower's I.oan Appllcation;
<br /> _r� �
<br /> �:: Le�ceholds. Borrower xhall acupy,esiublish.nnd use ihe Propeny us SoROwer'x principal reridencr wf�hin,ixly Jayr after
<br /> ""��� the execulion ot thi4 Secu�lty Instrument und shull continue to ix:cupy tlte Propeny us Burrower'�prfncipul residence far ut
<br />..__ - ._._ _,.-,-
<br /> "• least one yeur after �he datc of occupuncy. unless l.ender atherni�e uRrecti in writing, which cim+cnt ,holl not he _
<br /> -`="'y°`'- unreusonably withheld, ar unless extenuating ci►cumstuncea exi��which ure Ix�yond Burrower+control. Borrower xhull not
<br /> . -``��'�"°�' destroy,domage or imp�ir the Praperty,ullaw Ihe Pmpeny ta de�eriorutc,or cnmmit w�istc on ihr Property. Borrower�hull
<br /> '�m'_'="::43�;'-. be in default if ony forFeiwre uction or proceeding, whether civil ar criminul,ir begun lhut in l.ender's Fwxl faith judgment
<br /> _��=�;� could result in forfeilure af the Property or othenvixe muteriully impuir �he lien creuted by thix Securiry Instrumem cir
<br /> -�"q����=� " Lender's securit interes�. B«rawer mn cure such udefnult und reimtt�te,ns rovided in aru ra h 18,h �uusin the uction
<br /> �-°��.�ss;�a,,�'.�. ..� Y Y P P H P Y ' R --
<br /> _ _ - • or proceeding to 6e dismissed wlth a ruling�hu�,in Lender's good fui�h detemiinution,prccludes forteiture of�he Bormwer+
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<br /> -�4�'a�,'�,� . intercat in the Property or olher materiul impuirment af the lien creu�ed by thi+ Srcurity Inm�rument or Lenderti xecuriry
<br /> �_��;�::':�;: intcrest. Bixrower shnll ulso be in Jefnult if B�xrower, during Ihe loun applicution procesti, guve materiully fulse or __
<br /> - t`'=�" inuccurnte informution or stutemenls to Lender(or fAilpo lo provide Lendcr with any materiul information)in connection with
<br /> ,�,�-,,.-�-
<br /> - _•.=;,,;,±I,,.�'.s. the losm evidenced by the Note, including, hut nat limited to, represemutions concerning Borrower: a:cupunry of' the
<br /> ...-r,r�; .,.
<br /> ,_„�,�t.��_�,� Property ax a principul residence. If this Securiry Insirument is on u Icuxehold,Bormwcr shull comply with uU the provisions
<br /> - - --�-�--�„-.� ot the lea,e. 1t'9arrov:er acqufcz.:fee si!!e to the Pmperty.die lea�cehold snd the!'ee title sha!!not merge unless Lender agrres
<br /> °"°'�"�,,;�;:�,: to the merger in writing.
<br /> ��'` . , ., 7. Protc.t(on of Lender's Ri�hts in the Prwperty. If Barrower I'uih �o perform Ihe covenun�s und ugrrement,
<br /> --"�"��..,� �� �� , comained in this Securiry In+�rument,or Ihere is u legal prnreedinF �hiu muy .ignificuntly aff'ect Lender: rightx in �he �
<br /> -.:p�. ,. �
<br /> .,��:;:,: f'mperty(such ns u proceeding in bankruptcy,probute, for rorulemnution or forfciture or tci enf'orce law+or regulutions),then Rit,�s�.
<br /> - "'�'" Lender muy do and pay ior whatever is necestiury tu pro�ect�he vuluc uf the Properly i�nci l.ender+ rights in 1he Propcny.
<br />�"_"�•��'� Lender's uctions muy include paying nny sums+ecumd by i� lien which hu,priority over thix Security Instrument,uppei�rfn�
<br /> : �t - N.0�'�'�J �
<br /> `' '��� in coun,paying renconublc uuorneys'fees und entcring on the Pmpeny �o muke rep:�irs. Althou�h Lender muy wke action
<br />(n.���,.,:�:;�;�„.,:: : under this pnrugruph 7,I_endcr docx not huvc�o Jo so.
<br /> :°.;'31'�'-•.. • Any umuuntx dizhuned My Lcnder undrr Ihiy purugruph 7 ,hull Ixcome additionul d�M uf Burn�wcr,ecured by �hi, ,�
<br /> _����;',� .`;"'`��J" Security Inxtrunxnl. Unles.Borrower und l.cndcr ugrce io��tlkr tcnn.uf payrnrnt,�he+c umounts shull ix�ur imemst Gom thr
<br /> �T r�� date of dixbuncmcnt•rt the Notc ruir und shull Ix r rhlr, with intrmtit,u �x� no�icc from Lendcr to Borrowcr rc uctilin
<br /> m:`�k��scyte.�..�. P'Y' n 4 F
<br /> ,.,,.,�-��_.. puymem.
<br />=�:� :��� • 8. Mortsege Ins�u�unce. If Lender required mcxtgu�e inxuruncr n, u rondi�ion��f mukinu�he loan �ecured by this _
<br /> {--:,_'� �.�,�„F {»��• . Security Instrument, Bormwer ,hull ruy the pmmium,myuircd io mainuiin �he nwngiigc in+ua�ncr in rffect. If, for uny =_
<br /> :'���a�a....:.._�,�, reuson. Ihe mortguge imurunce ruvrruge r�yuirrd by l.rnckr lap,r+ ur �:cau, io ix in el'tect. Borrower shall puy Ihc �;:�"`
<br /> ,:%��'°""°'$ prcmiums reyuircd to��hiufn cuvcrugc suh,�a�miully r��uivulcnt tu �hc monga�e in,ur:mcc prcviou.ly in cffect. a� :i co�t e:`
<br /> -- �. ' �:�,i:. ° . substunlially equividcnt to thc rox�io Borrowrr nf Ihe n�nrtgagr in�ur:u�rc��rcvi�►u�ly in rlTrcl.from un ultcrnule mur��:uge —
<br /> ��_. �,�,
<br /> �'��= . inxurer uppmveJ by Lender. If xu6�lnnliully eyuivulent mortgu�e in�unmcc coveragr i�nut irvailuble.Borrower tihull piry tu _
<br /> ����,a•';, �.r : Lender cach momh u.um eyuul to onr-twrlflh uf thc ycnrly mnrtgugr in.uroncr pirmiwn tning paiJ by BoROwcr when ihe —
<br /> .�. .�..• 2- insurunce coveruge lupscd ur ce�,eJ to Ix in rflcci. Lenikr��•ill urcrpl.u.c:�nd rei:iin ihe,r pu��menls u.u liis.rr+erve in liiu �"
<br /> = u'�-�rd•.xvzi. � —
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<br /> �;:,:a�.. �, of mohguFe inxurunce. Lotix rc�crvc puyment.nu�y no longcr br rryuind. nl �hr uption uf Lendcr. if morlgugc insurunrc =-
<br /> -- _ ' covcruge(in thc umount und f'or tlx periud ihut Lrndcr rcquirc+l providrJ by un in�urer uppr��ved h�• Lender iiFuin hernmes
<br /> �'�� '� . � uvnilable und i�ob�uincd.Bormwcr.hull puy Ihr prrmi um�rryuiRd�o muintain mar�guge imuru►kr in effect.or to pra��idc a
<br /> �.. loss reserve.un�il the rcyuircment ti�r morlgu�c in+ur,ince rnd�in accord:uur�ti•iih am����riltrn aErremenl hrlween Rorrowrr ��.�
<br />:�;=:.� �y „ imd Lcnder or upplic:ihlc I��w. �'"
<br /> � �;.,._.. . � 9. InspecNnn. Leniler�ir il�:�gent may makc rca.�,nahlc rntrie, upi�n and in.�xr�iun�uf i he Prupcny. l.rndrr�hall �
<br /> . 7 • � give Burrowcr nolicr al tlx tinu uf ur pri��r Io:ui in+�x�ti��n.�xril'yin�rca.unid,lr rau�r t�n•Ihe in,�mction. �
<br /> . , , a ' 10. Condemnatlon. 1'hc pr�xrrd.ut':in� ��ward urrluim li�r�lama�r�.dir��ri ur.unuqurniial, in r�mnrrliun wi�h:uiy �:;�
<br /> . tiinEl�•I.imJy ••Funnle�1ur;hndcNr�fuc 1'\IFIIR\I I\ti1'Nl�1F:\I' 1 wi�nui t m.naul. 9i40 ip��er?�,/��p��¢�u `
<br /> laf.11 I�Ik�•�HY`IINS'1 I INII4.IIII �
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