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<br /> periodri thst I.eadt�r�quiro�. The inrur�nce curier prov�din�the in�urance sh�ll be chc»en by Sonower wb,ject to Lsnd�r�
<br /> � approv�l wfikh�II not 6o ume�sa�nably wlthheld. !f Borrawer fdis to m�int�ln covara�e dacribed�bove.Laider a�ay,�t .
<br /> L�aiderti optlon.olxaln cove�e a p�+nlec,K Lendei�k dtht�in the Pto�perty in�coordanoc wi�h pnp�ph 7,
<br /> � Ail iruturu�ca pol�ks md renewd�slWl be acaop��ble w Lender aw!eh�ll include a u�nd�nd mat�a�e ciwra.L.a�der
<br /> �hdl have tik rl�ht to hald Ihe poli¢ks�td rcnewds. If Leader roqui�ess,Samwer�lul1 promplY�ive to I.enAer all roceipw
<br /> of piid premlums�nd renewd notMr�. In the eveot af lasx,Barrower nhdl sive prompt notice to ihe inwnuKx c�rtbr�nd
<br /> � I.ender.Lender mpy m�ice prouf of lou if not m�de promptly by Bormwer.
<br /> � U�kss Lender and Homower otherwlse agroe in w�f�ln�.inwnuncc praccods alull bo�pp8ed w ratomion ar tepo�ir of
<br /> -- ' th¢ �pert y dwmged, iP ihe re�toration or repair ix c�:onomicully feASlble nnd Lertderk secudty is aot lesserted, !t�he
<br /> rat�onuion a rep�ir h not xonamicdly feasfblo or l.ender4�secudty would be leuened, tho inwr�nce pnoceais�II be
<br /> , applkd to the nums sxured by �hi� Secu�ity Insuument, whether ar nat tlkn dua,with�u�y exceas p�id to Barmwcr. If
<br /> BoUrowa ebmdons tha P�+oparty,or does not anxwer wlthin 3Q dwya a ndice from i.ender that the ins�uranix rrurier h�s
<br /> offe�od to senle a claim.tUen Lender may callect the inaumnae procadc. L,cMer mQy use ihe proceedc ro repair a nestone
<br /> Ii�A�aperty or to pay wms securod'by this Security lnstmment�whathor or not�hen due. The 30-day period wjU be{In when
<br /> _ - - - tha�qtke is given.
<br /> Un�ess Lender and Boeruwer otherwise ag�e in writing,any application of proceeds to principal�shaD not extend or
<br /> pastppde the due date of the man�hly pAyments refe�rcd to in pamgrnpha I end 2 or chunge the amount of the p�yments. If
<br /> undaa,pptag�aph 21 the PropeKy is acquir�d by Lender, Borrowerls right to any insurance policies and procads resuldng
<br /> fiarq�d�mage to thB Property p�ior ta tha acquisition shall pass to l.ender ro the catent af the eums secured by U�is Sxwity
<br /> Instrucv�rnt immediately prior to ihe ucqu��isitian. � '
<br /> � ..OoFupqncy,PreservAtbn. Maintenance and'Protectbn ot the Property; �Harrower's Loaa Applk�dan}, :
<br /> � �� Lease�alda.Borrower shall occupy.establish,and u�e the Property as Borrower's ptii�cipat residertce within siaty days afte� ,; . : �'��
<br />- _ _ T---__�
<br /> tha ozecution of this Securiry lnslrument and ahall Cantinue to occupy the Properly aa Borrawerl�prl�cipai�eaidema for at� ; . . ``�•";
<br />. ' {� �p� y� after ihe date d occupancy, unlass Le�der olhenvise agrees in .wridng, wbich consent sha11 not ti@ ' �
<br /> _�' � unixa.sonably wjthheld,ar unlesa extenuating circumstances exlet which are 6eyond Borrawer�caniral. Horrower�hail nd �
<br /> ,I, ' de�troy,dame�e or impair ihe Property,nlluw Iho Prnperty to deteriorate,or commit waste an�he Property. Borrower shall
<br />_,��'�s_��.��; be in default if any forfefture action ar praceeding,whether civil or criminal,is begun �het in l.enderb goad faUh Judgment
<br /> — - could rcsult in forfeMur+e of the Property or otharw[se matedally impuir the lien crealad by this 3aou�ity In�tniment or
<br />_ — Lenderh secudty inteRSt. Borrower may cure such u defuult nnd reinwu�e,a.�provided in pamgmph IS.My ceusing the action
<br /> or proceeding[o be dismissed wi�h u�uling thn�,in Lender rc good fuilh determination,pracludes forFeitur+e af 1he Barower is
<br /> inte�est in the Pmpeny or other material impairmem af the lien creuted by Ihis Security Instrumern or Lenderk r,ecurity
<br /> interewt. Borrower �hull alxo be in defuul� if Barmwer, du�ing the loan upplicntion procexs, guve mutcrially frlise ar
<br /> inuccumts informe�ioa or wutementr.la Lendcr(or fuiled to provi�Lcnder wilh any mu�e�fol iniormo�ion)in ronnecllon wlth
<br /> "' the loan evidenced by �hc Notc, including, bul not limitcd to, mpre+entatkmx conceming Barmwcrx acupancy of Ihe
<br /> Ptopeny us uprineipal newidence. If thix Securily Inxtn�ment ix on a lea�ehold,Rnrmwcr nhull comply whh all the�xavi+inm
<br /> af thc leaxr. !f S�c�er acyaEs�w fre sltk su tlse Pn►prrty.!!�e leasrhokl en!1 tl�c fee��Uk«Iwll nw muge unlciw I..ender yp►oc�
<br /> . to�hc mcrger in w�iting.
<br /> 7. Protectbn of I.ender'e RIRhIs in the Pruperty. It' Hnrn�wer fuilx �o�rform the covenrntr� und ugrcementx
<br /> con�ai�ed in thi+Srcuri�y Inx�rument, or Ih�re i� u Iegul pakeeJing ihat muy xigniticuntly uff'ec� Lendcrw rigBlw in�he
<br /> 1'ropc�ty I�:uch a�a praecJing in bunhruptry,probu�c,Fur cundcmnu�ion or forfeiture�ir to enl'orce luws�ir regulutionxl.ihen
<br />,; I.ender muy do und pay for whulevcr is necc+.ury �o protcr�the vuluc:af the Piropeny und l.enddrk righ��in the Pmpeny.
<br /> Lender's actlons mAy Include puyins uny,um�r;ecurcd by u lien which hus prinrity nver thix Securi�y Instniment. ap�x:ndng
<br /> in caun,puying reusanable uttomeyx'fec�und entaring on the Property ta muke repairs.Althoush Lender may tcike uciian
<br /> under this paragraph 7,LenJcr dnes not hove to di�xo.
<br /> Any nmounts dlsbursed by Lendcr under thir.purugrnpb 7.hull txcomo addiiionul debt ot Borrower secured by this
<br /> �� Security Inrlrumcnt. Unles�Borrower nnd Lender ugrce to other tcrtn.of payment,�hese mnounts�hall hear interest frc�m the
<br /> _ h date of disbunement at the Notc rnte und shull he puyuble,with inter�est,upon notice from Lender to Borrower reyuex�ing
<br /> � payment.
<br /> " "'•�t.: 8. Mortgage InsurAnee. If Lender rryui�d mongage inxurunce u�i�condiiion of making�he IoAn secured by Ihiz
<br /> ',� �' � Security In.r•trument, Borrower shull pay thr premiums reyuired to muintuin the mortguge inzurnnce in effect. If,for any
<br />.,,.: �. ,
<br />_ "`'` '" `�'• reuzon,the mortguge in�umnce coveruge reyuired hy Lcnder lupsex or ceu,es to Me in effec�, Barrower shall pay the
<br /> �� ���'�� � � `��`'� premiums myuired to obluio coveruge subslnntiully equivulem to thr m�rtguge invurunce previoutily in eff��ct. m a cost
<br /> . . �.,..•r .,,:
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<br /> ��•••,,,. • � � subzlunlially eyuivulem to Ihe cost to Borrower af thr mortgagc insur�nce prcviously In effect, from an ul�emaie mortgage
<br /> �:.,.,:.: ,.. .
<br /> ;k'•`��t���.,�, .' insurer upproved by l.endcr. If wbztuntiully eyuivulent mortgu�!c inxuruncc cover�ge iti nut availublc.Barrower shull puy to
<br /> ,� •: �� Lender eucb month a�um eyuul w one-twcltih of ihr yearly monga�ee insurunce premium lxing puid by Bortower when tNe
<br />-- w..,. . ;, ' inwurunce coveruge lapsed or reu+cd to Ix in effcrl. Lrnikr aill nccept,uxc arxi n:tain�hc.c payment+u�u lo�s reserve in lieu
<br />'�`` � ! of martguge insuruncc. Loxs re+erve payments muy no longer t►r rcyuircd,at�hr option ot'Lender, if mortgage inxuranre
<br /> ��{ ��"�``�`� I covera (in the nmonnt und for the riod thut Lender rc uires) mvickd b :m in.urrr u mved b Lender u ain becomes
<br /> ...^;,.F^'•�'• Be P�� 4 r Y PP Y S
<br />—_ avullnble nnd is obtained. Bormwer�hall puy thc prcmium►rcyuir�d to muintnin mongagr imurunce in effec4 or lo pmvide u
<br /> %�,',' ;�,�.�!�r`: „ .. ' loss reserve,until thc myuiremcn�ti�r monpuge in.uruncr endx in uccorduncr with uny wrinen agreement between Borrower
<br /> ��::,.. ;,,,.,, � and Lc�xler or upplics�lc luw.
<br /> �,,..,., ;, 9, Inspecdon. Lender or its ugcnt m:ry ntuke rcusimubk cnlrie+upon wid impeclfom ot'the 1'ro�xrty. Lender shall
<br />_ give Burri�wer notic�at thc timr of or prior io cm in.�xcliun.r�xrifying rcusonublc cau.c fi�r thc inspertion.
<br /> .41i'�[�,-.,; . . 10� Condemneqon. The prncerd.of un�-iiward iir rlaim for dama�r..Jirrrt ar ronscyuential.in cunneclion with any
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