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<br /> = pe�i�dx thut l.endcr require�. The inxurnnco caRfer providing the inaw�ance xhall 6e choscn by Borrowcr RubJect to l.ender'x
<br /> _ appmvAl which shpll not be u�srcasenably wUhheld. lf Barowcr foils to maintain caverA�e descrlbed above,Leoder m�y,at
<br /> -- Lender�aption.obtafn covers�4a to protect Lcnder's rightx in the Property in uccardunce with pumgrnph 7.
<br /> � All insurac�co policies and renowula ahall be acctlptable to Lender und shall includo a standard monguge clauce. L.endar
<br /> -- shull havc Ihe ri�,ht ta hald thc policic�und renawufs. if Ixnder ieyuire�,[3aROwc�shal!pramptly give to Lender All nx�Ri�x,� .
<br /> ��.—_ __ of pnid premiumx and renewal noticex. In dio event of loss,Borrawer shall�ive prompt nutico tu the inxurmue carrier ond
<br /> — _- _ -' l.ender, Lender may mnkc pn�nf�f loKx if not made prompdy by Borrawer. _
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<br /> Unie�a Lend�sr ond Ba�rmwer aherwisa ugree in writing, inaurance proceedx shall be applied to restomtion or ropair of
<br />_-,
<br /> - �.---- - the �rty damagal, if Ihe rextorution ur ropair ia ecanomicully fea�ible and L.enderk xecu�ity is not lexsened. 1 t e
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<br /> �_ - reatorut an or repuir ix nat ecanomicuily feuxible or Lenderk security would be lessencd. the inRUrance pnweeJx��a --
<br /> � applied ta lhe aumx isecured by ti�is Secu�ity Inhtn�ment,whether or not then due,with uny excexs puid to Bortower. If
<br /> --=°-""' Borrower abur�dana �Ix� F'ruperty, or daes nnt an4wer within 3Q dc►yg u notice fmm Lender �hut�he Insurnnce carcier ha.c
<br /> �-'`.'� aff'ered�u nettle a claim,then I.ender may collact the inxurunce proceeds. Lender may urre the praceede to repair or restore
<br /> '-�-`'�"`•�"� the PropeAy or to pay sumx s�cured by thix Security Ina�rument,whether or not then due. The 30-dny pedod will begin when
<br /> ��.S
<br /> - �_-°---- � the nodcc ix given.
<br /> Unless Lender and Sonower athervvise ugree in writing,uny upplicution af praceedg to principAl xhull not ex[end or
<br /> . _ po�tpone Ihe due dute of the manthly pnymenta referned ta in paragraphs I and 2 or chungc the umount ot'the puyments. IF
<br /> under purogruph 21 ihe Roperty is ucquired by Lendar,Barower 4�ight to uny insurunce policieti nnd proceeds resulting
<br /> J + �:.,_� from damuge ta the Property prior to the uc4uisition shull pusq to Lender ta the extent of Ihe suma xecured by this Security
<br /> --��°� leu�rumem immediutely prior to the ucquisition.
<br /> .;-� 6� (kcupAncy. Preservation, Meintens+nce and Protection oP the Property; Norrower'a Loan AppllcAtion;
<br /> ���`T„� Le�weholde. Borrower ahall occupy,eatablish,und ur,e the Prop��ty ux Borrower�principul residence within sixty days after
<br /> = , the execu�ion of this Security InstNment und shall continue to occupy the Property as Borrawer g principal residence for at
<br /> -`_'__ °- - lenst one year ufter the Jule of accupnncy, unicss L.cnder othenvise ugreex in writing, which conr,ent shail nnt be __.
<br /> �,�„°`-�°"'•^� unreusonubly wilhheld,or unless extenua[ing circumstutxes exixt which ure beyond Bormwer�cantrol. Borrower shAll not
<br /> ��;`g-°'- deslroy,damuge or impair the Praperty,ullow the Property lo detcriorate,or commit w�ste an the Property. Borrower shall
<br /> „ be in defoult if uny fatfeiture action or proceeding,whether civil or criminal,is begun thut in Lender's good fnith judgment
<br /> �W`�"�° cauld result in forfeiture uf ihe PropeAy or otherwise mAteriully impair thc lien creuted by this Security In�ctrument or -
<br /> — -�"" Lendar�secu�ity interes�. Dorrower may cure such a default and reinslute,uz provided in purngruph IK,by cnusing�he nclion
<br />,-_:��,���., •
<br /> _.y.�yE•, , or pmceeding to be dismissed with u ruling thut,in Lender's�ood fuith determinution,precludes forFeiturc af Ihe Bcxrower�
<br /> �.�;�r�:"�� �- inte�st in �he Propeny or other muterial impuirmenl of the lien crcuted by this Secunry Inxtrumen�or Lenderw recurity
<br /> w,��„�;•�-� interes�. Batrower shull also be in defuuh if Borrawer, during the loun Application procesti, guve muleriully fultie or
<br /> - s.,�•`�� inaccurate information or statements to Lender(ar fuiled to provide Lender wi�h any muteriul Infomiution)in connectian with
<br /> �^"�-,,.. the loan evidenced by �he Note, including, lwt not limited to, reprcsentution� conceming Borrowerk occupancy of the _
<br /> ."'�_����•L+-_ � Property a�u principal residence. li this Security Intitrumem is on a leasehold,Burrower xhull comply with all the pravisionx
<br /> - -�-��s°' of the leuse. If Boroower acyuire�fee title to thc Pmperty,the leusehald und the fee tiNe shall not mer�e unless Lender agrees
<br />--��i-'"�''`"_ -? to�he mcrger in writing.
<br /> :� � '"�'�'� 7. Proteclion oP I.ender's Ri�htg in the Property. If Borrowcr fuilx to pert'orm the covenunts and agreements
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<br /> ° '��� contnined in th'ss Securiry Instrument.or �here i.r• a legul proceeding thut muy significunUy uffect Lender's rights in the
<br /> :,;�,;�. Property(such ati u proc:eeding in bankruptcy.probate,for condemnutiun ar forfeiture or�o enforce Iawx or regulutioml,�hsn
<br /> °""� �`:",s � Lender may do ond pny for whutever i.r• nece+tiary to protec� Ihe vulue of thr Propeny und Lenderti right� in the Propeny.
<br />���� : Lendcr ti uctions muy include puying uny�umx secureJ by u lien which hu+priority ovrr thix Security Instrument,uppearin�
<br />- � �'±:�'"'a��." in court,puying n:uxonuble ullorneys'feeti und emering on�he Prc�peny to muke rcpai�. Although l.encier muy take action
<br />:`:�?'��,;; �•'�.S:.►�f under�his parugruph 7,Lendcr Joes nut huve to Jo so.
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<br /> _•:t-. � ,;;,�,. • Any umuunls di.bur.eJ by Lcnder undcr thi, para�raph 7 tihall become udditionul deb�of Bormwer secured by �his
<br /> - �� Securiry Inxtrument. Unlezti Rorrowcr unJ Lendcr agree�o o�hcr tcnns uf paymen[.�hesc utm�un��shall heur intere.t frc►m the
<br /> -"`ti��� °'�' • : � dute of dishunement ut thr Nute rutc und.hall Ix puyublr,with intcre�t,upim notice irom Lender lo Borrowcr rcyuesting
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<br /> ""�, n' z„�•r• puyment.
<br /> .�;;;:i„�`� '' 8. Mortgage In�surunce. If Lender requircd mortKu�!� inwrimrr ux u condition nf muking the loun secured by this
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<br /> -_ ��.�•+��+�!, Security Ins�rument, eorrower tihull puy the premiums reyuired tc�muinwin the murtgaRe inxurunce in effect. If, for su�y
<br /> - �'"�''�- � ' reason. Ihe mortgage in+uruncr cmcru�ee rcquired by Lender lupse:s ur ceu�c, �o lx in eflcct. BoROwer shull puy the
<br /> r� "��. premiumx myuired ta obtuin cover.ige suhs�untiully equivrlent ta Ihe mon�uFe in�urance previously in effect. :Il :1 COtiI
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<br /> _- ��.,}„"."::�,,��;�. . substantiully cyuivulenc to thc cu�i�o Bormwer of thc mnnguge in+urunre p�eviuusly in cffect, tYom un ultcmute monguge
<br /> - � �:•:"� inw�rer u rovcd b Lcndcr. If�ubxtuntiull c uivulcn�mon�u�e in.uruncc rovero �iti not uvailable.Borrowcr�hall puy to
<br /> ��''_;�' , .�.. pp Y Y, 4 b b E.
<br />_-•'!"';?� r`•�is`�.�,:'?, •" Lender euch munth u,um ryuul �o onc•�wrluh of�hc ycurly mnnFagc in.uruncc pn�mium being puid hy Borrower when thc
<br /> � ���:, r ; insurancr coveragc lupxed or cru.cJ tu Ix�in ri'fec�. Lender will�krcpt.u,c anJ rctuin these puymcn�x u,u lu�s reserve in lieu
<br /> �:�' of mortgage insurunrc. Loss rc,crvc paymrn�+muy no lon�rr he rryuircJ,ul thr i►ption M'Lcnder, if mortgugc insurunre
<br /> � �'... .
<br />�_�-"�� �....��:-=' covcrage lin the umcwn�and ti►r�he perii�that Lender rcyuire.l providcJ by an in.urer upproveJ By LcnJcr aguin bcromes
<br />;^_�.�, uvailublc und is ubtaineJ.Bcxrower+hull puy Ihe prrmiums rcyuircd to maintain m�xlgagr in�urunce m ci'fec�,ur tu pr�wide u
<br /> ,��' •' � loss rescrvc,until thc requirement li�r mnrtgug�in.uruncc endx in urcnrdunrc with any writtrn ugreement hc�wecn Barn�wrr
<br />,=��!+ ' .''• ',.°:- �`�" " onJ Lcnderur applicablc luw.
<br /> . , , � 9. Inspection. Lendcr ur il�ugcnl muy makc rru.unahli cntric+uFxm+md in.pectiims i►f th� Property. LenJcr�hull '
<br /> ' , " „ ' �ive Burniwcr notice ut Ihr tim�uf or pri��r ta un insFxctiun��xcilying rru+�mnhle cnu,r lur thr in+�x rtiun.
<br /> . 10. Condemnution. Tlx pnxcrih of�my awurJ ur rlaum li�r dam:��rr.dirrrl�rr�an.rqucntiul.in ronnecliun with any _
<br />_ ' tiinµl.l:und� -FunaleNnc�Freddle�fucl��IF(1R�11\tifRl'�1F.�7'..IY�itunol'u�av�unt, 9/9D i��e�•.fn/np��r.0 -
<br />. -.' �pr�t ItYcn xunmt+a Fama I�[.■
<br /> ' ' Tn IhtNr CaY I�IM165:16H3N C]1'Al O11NBl•1171
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