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<br /> . � ' 91—�' � C8
<br /> — riads d�ut l.ender reyuires. 11�c inaurnnce carricr provfding Ihe inRUmnce Rhall Ix chosen hy Borrower�wb�oc�i�l.c��'�
<br /> -_ —,�! --- app:uval which ahall not he unn�uxawbly withhcld. If Barrower Paiix�o muinlaln cuveruge dckdi�ed abovo,I.�ndor muy,At `__
<br /> -��„�� _ ___� L.ender's option.abtain coverage�a pn►tect l.ender'x righ�x in�he Propeny in uccurdonce wi�b parngn►ph 7.
<br /> All iosurance palicica and renewnls shull he acceptable la Lender and whull inciude u�.taudard mortguRc clauxe. Lender ----
<br /> « xhall have the right to hald�he pc�Ncies und renewuls. If'l.endc:r requires,Barruwer sholl pr�xnptly givo to Lender ull rcccipta
<br /> -.��.;.. af puid premiums and renewal nntices. In tha event af loss,Barmwer Khall �ive prompt naice ta�he inrur+inco carrier w�d
<br /> �-_..
<br /> _-�-� L.ender. l.cndcr muy muke praof of logs if M•l mudr prumptly by Burrower. _
<br /> �- —="j Unleas Lender and Borrower athenviso ugree in writing,inxurance pmceedx r�hpll he appNed to rexloration or repuir of
<br /> �he Prapeny damaged, if'the restomtion or repair ia econamically fec�xible and LenJcrk securiry ix nut Icxscned. If'thc
<br /> "- ►esloretion or repuir is nat ccanamicully feu.gible ar Lender�necurity wa�ld bc Icvxencd,�he inxuruoce proceedv�;hall !�e
<br /> --°.� upplied to the sums recured by this Security lo�trument. whether or nat Ihen dur. with uny excesx pald ta Horrower. If
<br /> —��::� Borrower ubandons thc Property.or doeg nat unswer within 30 duyK a naticc from l.endcr that the inaurnncc carrfer hur
<br /> � affered to r,ettle u cluim.�hen Lender muy collect �he inwurunce pracceds, Lender muy usc�he pr�xeedx lo repuir or restore
<br /> � --"'�j'_� �� the Property or to pay sums secured by�his Securiry Instrumenl,whether or not Ihen due. The 3(1-day period will begin when �-
<br /> ihe notice is given.
<br /> •�': � Unless Lender uod Borrowar otherwise ugree in writing,uny opplication of proceeds to principul shull not extend or
<br /> ``�s,c:
<br /> _ _�� ; ,; postpone the due date of the monihly paymentF refemed to in pumgrnph�I and 2 or change�he umaunt af the puyments. IF
<br /> "_1�Y�'. under parugraph 21 the Propeny is ucquired by Lender, Borrowerti right to uny insuruace policiex und proceeds resuUing
<br /> --`- - from damoge to�he Property prior to�he acqui�.itian sholl pass to l.enderto the exlent of thc sumx�ecured hy thix Sccurity
<br /> _.-.�
<br /> -:;_,.�
<br /> �.-;,r-� , ; Instrument lmmediutely Fdor to the ncquisition. ,
<br /> �" 6. Occupancy� Preservatinn, Maintenpnce and ProtecNon ot the PropeAyt Borrawer s Loan Application;
<br />_ = --��:-s-�.�_;,.
<br /> �•��•:�.,�,:,,;;:. I.esuseholda. Borrower shull occupy,estaWish,und use�he Propeny a�Borrower's principul residence wilhin rixty days ufter -
<br /> "��� '�" 1, the execution of this Security Instrument and shnll con�inue to accupy the Property u�Barrower�pdncipul nssidence for ut
<br /> - �='"',•..
<br /> � '� ` �'' '`' leas� one year ufler the dute of occupancy, unlexs Lender othenvise ugrecs in w�iting, which consent shall not be
<br /> �':L��; � '��,+.:•, ' unreASOnably withheld,or unlesx exlenuuting circumslunces exitit whwh are beyond Borrower's control. Borrower shnll not _
<br /> ,»� �_
<br /> ,y ; • , destroy,dumege ar impuir the Property,nllow the Property to deteriorutc,or commit wacte on the PropeAy. Borrower s u
<br /> •'- � � • be in default if uny forfeiture action or proceeding,whelher civil or criminal,is begun thut in Lender i good faith judgment �_
<br />-_'�'-.', ��� -.>�'"�'��° cautd result in forteiture of ihe Propeny ur otherwise materiully impair the lien created by thix Security Instrument ar
<br /> '=��• -: ,� ,�� L�nder's secu�ity interest. 8orrower mny cure such u defuult und reinrtute,uti provided in parugruph IS,by cuusing the action —
<br />, �''�`� 4 or praceeding to bc dismitised with u ruling thut, in Lendert good fnith de�erniinatian,precludes forFeitum of the Bonowers __
<br /> •'�. :+ ��" interest in the Property or other mnteriul irnpuirnmnt af the lien creuted by this Secunty Ins�rument or Lender:� tiecurity
<br /> ' "'" ���`' interest. Borrower shall alsa be in dePault if Barmwer, du�ing thc loan upplicutian procexs, guve muleriully fulsc ��r �'�
<br /> �� ''''' inaccurate information or st�tements to l.encler(or failed ta proviJe Lender with uny matcriul infonnu�ion)in cnnnection wi�h _.__
<br /> - -- �_:�� �` the iaun cviJeu�cd by the �vate, including, but no! limiitd to, representnti�n� �•onrernine Borrower's occupnncV of!he __
<br /> • -�,�_ � �� PropeAy us u principal m.r•idence. If this 5ecuri�y lnstrumem is on u leusehold,Bormwer shull comply with ull the provisions R.,.,_
<br /> � ' ''� �• of the leasc. If Barrower acquires fee�itle to the F'roExny,the Icusehold and the fee title xhull nat merge unlexti Lender agrces
<br /> �� to the merger in writing.
<br /> '.. �� T. Protection of Lender's RiAhts in the Property. If Borrowcr fuilx to perform �he covcnunt, und ugreementti __
<br /> �:�r ,+.. � •� contnined in this Security Inxtrument, or therc is u Icgul prcx:ceding thut muy significunUy uffect L.endcr's rights in the �;•rt
<br /> ,�,��,.x,, Pmperty(such us u procceding in bunkruptry.probutr.I'or rondemnution or i'orfeiture or to enforcc law�ar regulutions),Ihen �;�
<br /> � :::,.. � , Lender muy do and puy fnr whatever iz necc��ury w prucect �he valuc nf Ihe Propeny und Lender'x rights in�hc Propeny. �
<br /> ' . .,.,. .. • Lender�uctionti muy includc pUying uny+um.�ecuroJ hy a li�n which hus prioriry over this Serurity In.r•trument,appeunng �,,,_
<br /> „ � ., in court,puyin�t reuxonuble uuorneyx'fces und entcring un the I'mpeny�o mukr rcpuirs. AlUwugh Lender may tukc uc�ion _-
<br /> -�,... � under this parugraph 7.l.endcr does nut huve lo Jo so. �
<br /> " Any umounts dis6ur�ed by Lender under this pur•rgruph 7 �hull t�ome udJitionul debt of Borrower secured by this ,
<br /> :_.o :' " Srcurity Instrumenl. U�iless Bo�rowcr zmd Lendcr ugree to othcr temi.uf puymcnt,thcsc umuuntx shull heur interest t'mm thc --
<br /> �.�• ��� datc of disbur�emrnt ut Ihc Note rate und rhull hc puyuble, with intercu,upnn nnticc from Lcnder to Bortower reyuexling =_m
<br /> ;:,,,� . puyment.
<br /> "�,E -•� � 8. Mortgage Insurunce. I(Lrnder Ryuircd mortgu�!r insurunce a. u riinditinn �if mukin�thc lonn.ccurcd by thi+ _,__,_
<br /> • ••• ��• Security Instrumcnt, Borcawer ,hull puy the premiumc requircd to main�uin �h� nu�rtguge in+urancr in effect. If, fur uny �.T,
<br /> � _ � rcason, the mortgage imurunce coveruge reyuireJ hy Lendcr lupus or cra,eti to t+r in effect, Bormwer xhull pay ihe �;,,:
<br /> • '�'� . " premiums reyuired to oMtain c�werugr +uhx�;mtiully eyuivulent to thc mongu�e inxurvncc previuuxly in efl'ect, ul u ru+l
<br /> �'��. . sub�tuntinlly eyuivulcnt to thc co�t ui RuROwcr o(�hc mortgugr in+uruixr previously in ci'fect. f'rnm an ullcmute monEu�c ��-
<br /> '.R . inxurer upproved by Lender. If suhstuntially cyuiv;dcn�monEagc imuruM:c roverugr ix not uvuilaMc. Burmwer shull pay w —_�
<br /> Lender euch monlh u xum ryuul ta onc-�wcll'�h of thr ycurly mort�ugc in�urunrc prcmium bcinE puid hy Bormwcr whcn thc �-�
<br /> �� . intiurunce rovcruge lupsed urccuscd tu Ix in c17cr�. Lendrr will urcrpt,usc anJ retuin Ihe�e pxymem�u,u lu�s rc�erve in licu _
<br /> . ' of mortgu�te inxurance. L�is,rr�rrvc puyment. muy no lun�cr Ix reyuircd,ul Ihr u�tion ut'LrnJcr. il'munga�c inxurance w.,
<br /> • '." coveruKe(in thc umount und for�hc�xrial thut LcnJrr rryuin+l proviJcJ hy;in imuirr uppraved hy Lcnder uguin ixcome.
<br /> - . uvailuble und is obtuincJ.Borr��wrr yhull puy Ih�prcmiums rcyuir�d lo nwintiiin munga�!�ui,urs�nrc in rffcrl,ur tu pmvidc a �`
<br /> � ,. losx re+crvc,until Ihe reyuiremrnl lirr monguge insurcmr�cnd+in urcontunrr���ith an)•wriucn a�:rccmrnt hetwcen Bnrrower ,�
<br /> und Lcnder or upplicublc law.
<br /> . . 9. Inspection. LcnJrr ur it+a�cnt rnu�• mukc rcati�a�ablr cntrir,u��,n and in.�rliun,uf�thc Pru�xny. Lcndcr.hull
<br /> ... . • give Borrower noticr a1 thr lim.�H'ur prior lo•rn in+�xtrti�m.�xci11•inE rca,nn;ihlr rau,c fur thr in,�xrti��i.
<br /> 10. Condemnution. Thr princrd,��t�:ui�• a��•ard ur claim fnr dama�c..dirrrt ur r�muyurntiul.in r�mnrrtiun wiih uny
<br /> ` ' � timEl�I:uml� �F'wnnlc�fuc-FrcdJla��Iuc l\Ih/►KS1 I\ti 1�R1�IE\'1'�-l�nd�aro l'u�.n,xu. 9/411 �p,�¢,•t,�1 n�xi�r��
<br /> . �:�r.d In/.re xus�aa�tamN.Inr■
<br /> fo�kdrc 1;�II IJI�Ml;.71FA:199 I:VA%111149B611a)
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