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<br />__.. :..-� -- - 91-- 105'714
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<br /> �., ��� perfod4lhat Lender requireK. 7'he inauranco cuRler providfng tho ineumnce hhall be rhosen by Barmwe�subject ta Lender s
<br /> ,s,.�. ' approvul which sholl nw b�unreasanubly wi�hhcld. If Bcxmwcr fuilx to maintafn cuvrrugc dc.xribcd ubnvc,Lender m�y.at
<br /> l.enderk option.obtain coverage to pro�ect l.endcr ti righ�s in the Prapeny io uccardunce wiih purug��aph 7.
<br /> ,,�,d All inaurunce polfcies und renowals ehull be acceptuble to Lender ond xhall include u�tundarc!martguge cluuse. Lender
<br /> - : - - � x6r11 I�avC Iia right W huld Ilte policics and u,ncwulx. If Lcndcr rcyuirex.Borrower�hall promptiy give�o Lrnder nll receiptq _
<br /> - ,,r of paid p�emiums nnd rcnewal noticex. In�he evenl of'I��sx.H�xrower xhull give pmmpt nntice�o thc in�urw�ce currier a►ul
<br /> � _ L.ender. l.ender may make proof of lass if nat made promptly by B�rrawe�.
<br /> - ,. Unless Lender und Borrower Whenvise agmc in wriling,inxurnncc procecds�chufl he applicd�o res�arn�ian ar repuir ut' �
<br /> � �' the Pm�xrty damuged,if the rewiornNon or repuir ix economicully ten�ibic und Lcndcr� xccurity iw not Ics,ened. IP the
<br /> res�oration or repair is nat ecunomically Peusible or l.cnder+xccu�ity wau�d be Icaxened, thc insuruncc proceeds xhull be `
<br /> __=� npplied to the sums secured by Ihi� Security Inntrument, whether ar ncH then due,with ony excesti paid lo Borrower. ff
<br /> .°�°�`;,.; Barrowar ubnnduna the Propeny, or das not unxwer wilhin 3l1 duyx u nrnicc from Lcnder�hut Ihe insuruoce carrier hns
<br /> ---�Y °� offered to settle a claim, �hen I.ender may callect�he inxurilnse pmceeda. L.ender muy use the pnxeedx to repair or rewtore
<br /> - �"�"'u�-: �he Prapeny or ta pay sums secured by ihiw Securi�y Inxlrument,whether or no�then due. The 3U•duy pedod will begin when
<br /> - ::�"'°` tho notice is given.
<br /> - -- ,'�;�;;�.' Unless l.ender und Horrower otherwise ugrce in wriling,uny upplicu�ion af proceeds to principul shull not extend or �
<br /> �.-�ti^�:�`. � postpone tha due dnte of the monthly puyments�i'erred to in pnrngrophs 1 und 2 or chunge the umount of�he pAyments. If
<br /> ---- ..��;=::;'w=`�-- � under puragraph 21 the Property is ucquircJ by Lcndcr, sormwer+right �o uny insurnnce policies und pmceedx resulting
<br /> _ �'��M-• from damoge to the Property prior ta�he acquisition xhull puss to Lender ta the extent of the sums secured by�his Secu�ily
<br /> __ ----��`� Instrument immediately prior to the ucquisition.
<br /> — -'�����`- � 6. Occupaacy, Preservalion. Meintenance end Protection of the Property; Borrower'a Loan Appllcation:
<br /> __ ,;,,;,_-�-�`, ' LeASeholds. Borrower sh�ll occupy,estnblish,und uxe the Property ns Barrower+principal residence withio sixty days nfter _
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<br /> ,.�.x,"?L.. ; the execu�ian of this Security Instrument und shull continue ta orcupy �he 1'ropeny us Batrawer�principul residence for at
<br /> ' � -==: '��:,'�- "� leust one year ufter �he date of accupuncy, unless Lendcr otherwi+e Agrees in writing, which cament shall not be -
<br /> - —�s�..mtrc_.
<br /> �„���Y,� unrea�onably withheld,or unle,s extenunting circumstunces exiwt which ure beyond Bainwer�control. Bormwer shull not
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<br /> .y�;�„-:�, de.ctroy,damage or impair the Property,ullow the Property to ckteriorAte,or co�ninit war;te an�he Propeqy. Borr�wer shull
<br /> `__-:�, °„ � be in defuult iP any fodeiture s►ctian or proceeding,whether civil or criminal.is begun ihat in Lenderti gcx�d foilh judgment
<br /> �"'-�- could msult in forfeiture of the Property or otherw�ine materiully impuir the Ife:n rreuted by this Securiry Instrument or
<br /> w`����a�v Lender+security interest. Borrower muy curc suc��u�kfuult unJ reinwtute,us providrd in pnrugroph 1 R,by cuusin�the action
<br /> -�,r:.�1 ' or pmceedir�g ta bc diKmis+ed wi�h u ruling�ha1,in L.ender's�eood fui�h detertninutian.precludes forteiwre uf thc BoROwer�
<br /> -nr+t�-: � � .
<br /> f r� � interest in the Property ar other muteriul impuimmn� ai'the lien cneuted by �hi� Security In.trument cx I.ender's securiry
<br /> '��? y. �n w• � ^ interest. Sarrower +hull ulso be in defuult if Born�wer, during th�: loun application pracex+, guve muteriully false or
<br /> _�% ' . inaccurute infortnutian or slutemenls ta LenJer(or failed to provide l.ender wi�h uny muteriul informution)in connection with
<br /> " ' ' �� ^ the loun cvidenced by the Nnte, including, hu� not limited �o, rcpresen�ations conccrning Borrower: �xcupuncy oi'thc
<br /> -;.�•' �„•.� .., :.
<br /> ^ '"''" Pmpeny ati u priacipal residence. If this Security Inx�rumcnt ix on u leuxchold.Bor�ower shull comply with ull the provitiion�
<br /> ���. •,
<br /> `��'�' __ �n,+.a.���.„�_� af�he Icuse. If Borrower ucquires tec tille lo the Pmperly.thc len!cehold und�he fee d�le.r•hull nnt mer�cc unlc+,Lender ugrees
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<br /> "3�. , .'"�',� '- - ' - to the merger in writing.
<br /> � , ' ,.�''�` ' ;, 7. ProtectMn aP I.ender's Rishts in the Pruperty. If Bormwcr fuil, to pertomi �he covenumti und ugrcementx
<br /> ' '�"''��'s comuined in Ihis Securiry Instrument,or Ihere is u Iegal proceeding Ihal muy significundy ufi'ect l.ender's rightz in the -_
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<br /> Property(such us u pracecding in bunkruptry,prohale,for conJemnution or ti�rt'eiture or to rnforce lawti or regululionn).�hen
<br /> � ��', Lcnder mAy Jo and pay i'or whulever ix��cces,ary�o protect thc vulue of the Propeny und t,cndcr's rights in the Property.
<br /> ,• .. . Lender�uctions muy incluck paying uny .ums xecured by u lirn N�hich hu�priority over ihis Seruriry Inxtrumenl.:�ppeuring =
<br /> '�•"� � in court,puyin�e rcusonnblc uuomry,'fecti unJ emerinE on the Proprny�o make repuin.AUhough Lender muy take ncti�+n -
<br /> � •�•�u��� under this pamgruph 7,Lrndcr�kxs nul huvc to Jo so.
<br /> ••�-��'` Any umounts disbuned hy Lender under thix pnrai�ruph 7 ,hull txrume uddition�d deM nf Horr�►wrr secured by Ihix
<br /> ' .•� � Security Instrument. Unlex�Bormwcr und Lrnder ugrec t�i ullkr temi+uf puyment,ihcse umounts�hull txur intcrc�t 1'rum the
<br /> -"' � dale of disburxement at thc Note rutc und .nuu n��,�yunie, with intcm.l,up�m noticc t'rom Lendcr to Borcower rcyuewting
<br /> •.•, •�, ° puyment. _.
<br /> -.'�?�s 8. Mort�oRe Insurance, If l.enJrr rcyuired nu�ngugr insurunrc u, a conJition�►f mukinF�he loun �ecurcd By this
<br /> �QO�' S�rurity lnxtrument, Borrowcr�hull puy Ihe premium+ rcyuired tu muintuin thr nxirtgugc inwrunrc in effect, II', ti�r uny
<br /> �`�`� ° ° reuson, the morlFuge insurarxc cuvrragr rryuired hy Lrnder lup+ex or ccu.c� to Ik in effecl. Horn�wer shall puy the _
<br /> "".`!'L ;, . ,, pmmiums reyuired tu obtuin covcr:�gc suh,�un�iully cyuivulem to ihc mongugr insuruncc �xeviou�ly in rl'fect, at n ro,�
<br /> • �ubstuntiully cyuivulcni to the ro.t io Borrower uf tlx mnrtgugr insuraix:e prcviuu+ly in cftccl,from an uhcrnutc mortguge
<br /> , � insurcr upproved by l.ender. If.ubxtuntiully cyuivalent mortgu�e insurcmcr covrrngr i�nut uvuilublc.Borrower,hall puy lo
<br /> ,�{'._, ., Lender euch ntonth a tium cquul tu otx-twrll'th of 1hr yrurly munguge imurimce premium Ixing paiJ by Borrower when thr _
<br /> inzurunce covcrugc I•ro�d or crasrd to Ik in rl'trrt. L�nJcr will acccpt.u.r unJ rrtuin ihcu puymcnts u,ii lu.�m.crv�in licu
<br /> ot'nwngugc insuranre. L.u.� rc+rrvr p.�ymcnt.muy no limgrr Ix rcyuircd.ut ihc opti�►n�il Lcndcr. if m�irtgagc in�uruncc
<br /> . • ,�':.:. �:.�,�;.: covernRe lin�hr amoum i�nJ li,r thr�xriod Ihat l.rnder rcyuire.l provided hy un in.urcr;�ppruvrd By Lender iiguin txrcomcti _
<br /> , �. ��Y�� • uvuiluble und ix ohtuiikJ. Born���•rr�hall puy Ihc pRmium�rcyuircd w nuiintain nwnguge in,uranu in efferl.ur lo pravid�u �
<br /> .• � „ ,.� lo,s rescrvc,until Uk nyuircnxnl fi�r morl�:aEc inwruncc rnJ.in urcurduncr wilh:my wriucn ugnemcm tx:twccn Borruwer •
<br /> •� und Lendcr or vpplicahlc luw.
<br /> ' . 9. Inspeclion. Lc�xlcr or it.r ugrnt may makc reuwnuMc rntrie,u�xm und in.p�cliun,uf thr Pro�xrty. Lrnder tihull =
<br /> �. , , givc Burtawcr notirc u�thr tim.uf ur prior�o:m in.�xr�iun.�xril�yin�:rr;i+unaMr cau�r ti�r Uir inti�xrticm,
<br /> • 10. Condemnetiun. 'I'hr pri�rcrJ.ut any aH•+�rJ or rlaim lirr dama�r..dirrr�ur cumryucntiul.in runnrrlion wilh uny j
<br /> • ° XinElc f:uni�y..FunxM Slrc/Frarldk�1uc l VIF't)N�f IV�1'Nl')1F:\1'-�1'nd��rni l'u���uaw. 4�411 qa�¢r?n►n/x��ru i
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