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<br /> ,-------- _ . . �..91- 10584 9 91���'731 .
<br /> ��� — perlods that Lendc�nequlres. The 1�xurs�ncc currler pmvfding the insuroncc xhall be chascn by Borrowc�subjecl to L.endcrk
<br /> ' appmvul which ehall not bo unrensonubly withheld. lf Barrower faiis ta muintain coveroge descrfbed above,l.ender rtwy.At
<br /> ___�___ __�� Lmd¢r's op�ian,obtnin covera�e to protect Lender'x rigMs in the Property in accor+dance wilh para�rnph 7.
<br /> All insurwnce policles nnd renewalx Rhull be ucceptpble tu Lxnder w�d shall include a standa�d morlgage ctause. l.ender f
<br /> _ `� � sholl have the r�ght to hald�ha policies and�newuis. If L�:nJc:r reyuirex.Bomiwer xhull promptly give lo Lcndcr ull reccipts --
<br /> �—="y �_ of paid premiums and renewnl notices. In the event at loss.Borrower shull give prompt nwice ta Ihc insurance currier wul
<br /> - � L.ender. Lender may mukc proof aP luss if nut mude promptly by Barrower.
<br /> _. ___ _ —__--_- Unlcss l.ender und Bomawer otherwise agree in wrl�i�g,insurunre proceeds shull 6e applicd to rexturu�ion or repair of_ _
<br /> :=_ - - —_=:�: the Pniperty dmnuged, if ihe reswrution or �pair ix ecunomicully fcu.hiblc und l.�:nder i. becurity i�. nut Icr;uui�ed. If the -___
<br /> restor�t�on or repair is not economieally feusible or Lender� secur�ty wauld be lessened,�he insumnce proceedx sholl be
<br /> -�`� applied to Ihe sum4 sccured by this Secu�ity Inxirument, whether or ncx Ihen due, wilh uny exce9s puid to Barrower. If
<br /> Barrower abandons the Property.or does not answer within :iQ duys a notice from Lender�hut the iosurunce rurrier hus
<br /> offered lo settle u claim.then Lender muy callect the inxurance pmceeds. Lender muy use�he praceeds to reQair or restore
<br /> �.,-,4�� the PrapeRy or to pay sums xecured by thix Security Inatrument.whether ar not then due. The 30-duy period wdl begin when
<br /> � the noticc is given.
<br /> -� ` ° `-=��� Unless Lender and Aorrower otherwise ngree in writing, uny upplicutian af proceeds ta principul shall not ex�end ur
<br /> �,..�..e•. --
<br /> - =� postpone the due dnte of the monthly pnymenta referred to in purngraphs 1 und 2 or chunge ihe umount af�he paymeMs. If
<br /> � r"'" � under parugraph 21 the Ropeny is ucyuired by Lender, Borrower w right to uny insurnnce paliciex und proc:eeds rexulting
<br /> .� - from dnmuge to Ihe Propehy prior to Ihe ucquisltion xhall p•rsx�o Lender tu Ihe exlent of tlt�,sum!t secured by thix Security
<br /> �" Instrument imrnedlutely prior to the ncquiaition.
<br /> -_--=:� 6. Occupaacy� PreservAlion� Mainlenence and Protection oP the PrapeMy: Borrower'x Loan Application; _-
<br /> � LeASeholda Borrower shnll occupy,estAblish,und use the Propeny us Borrawer�principul residence wUhin sixty duys uf�er
<br /> .�_ _ '°�,'`• '� the execution of Ihis Secu�ty Instrument und shall cantinue to occupy the Propeny as Borruwerc principal residence far ut � _
<br /> ,,,�_,,,�;,�v' •• lea+� one yenr ufter the dete of accupancy, unless Lender othe�wise ++grees in writing, whinc �on�ent shall not be
<br /> —�`•`''�� unrcacannbly wi�hheld,ar unless extenuuting circumxtuncex exist which nre beyond Bormwer's coMrol. Borrawer xhull not
<br /> :===�'�'��, destroy,dumoge nr impair the Praperty,ullow the Pmperty to deteriorate,or commit wox�c on the Property. Borrower shnll
<br /> _.=i.� be in defaul�if any forfeitune uction or proceeding,whether civil or criminul,ix begun�hut in Lender's giwd faith judgment �
<br /> - "�',°'•' ���}` could result in forfeilure of the Propeny or otherwise materiully impair the lien �reuted by Ihia Security Inatrument or
<br /> ���. ; .
<br /> - - -- a� � Lenderk security interest. Barrower muy cure such u defuult und rei�x�nte,us provided in purugruph I S.by cuuxing the uction
<br /> "'�-�'?������ or praceeding to be dismissed with u ruling thu�,in I.ender's good Puith cleterminution,precludes fcxfeiture af the Borrawer� ��
<br /> ,,,��-. , .,,.�_.
<br /> �-� � interest in the Propeny or other muceriul impuirment of the lien created hy thix Security In,trument or Lender's security �;•`
<br /> �:�`�+`d interest. Horrower +hall also be in default if Borrower, during the loun upplicutiun proce�x, guve muteriully fulxe or ___
<br /> — �""'�'�'_ inuccurate inFormation or statements to�.ender(or fuiled to provide Lender with uny mulerial infi►rmalionl in ccxmection wilh
<br /> ���—--;-= �-:.
<br /> _ ,� •� r,��t:w the loan evidenced by the Note, including, but not limited to, reprcsemutions conceming Borrower:cecuponcy of the
<br /> , Property u.c a principal residence. If this Srcuriiy Ins�rument i�un u leuxehold,Barrower 4hull comply wi�h ull�he provisions �
<br /> ""-_—��'��'� � of the lea.�. !f Borrfl�ter ucyutres fee title ta the Property,!he leasehnld and the fee i4tle�ha!!not merge unle��!pnder egme�
<br /> _ � --,- : --
<br /> •y�.� ta the merger in writina.
<br /> -=-�=�a °� ..,,:';' .
<br /> ���� �:++� •v•• 7. Protectbn of l.ender's Rights in the P�operty. If Bonowcr fuil, to pedorm �he covenums und ugreements —
<br /> .:"�' . .;�• •�. " � contuined in thi+Sccurity Inxt�ument. ��r therc is u legul prcxeeding thut muy significuntly uffect Lender; rights in tl� �
<br />��,''!� ...ert- ...•...� f'mperty(�uch as u proceeding in bnnkruptcy,probute,for conJemnati�m or f�irfeiturc or lo enfi�rce luwx or regululions),Ihen ��
<br /> ::�� ._:,�. Lender muy da und pay for whutevcr i.nece�,ury to pmtec�thc vulue of�he Propeny und Lcndcr+ rights in�he Propcny.
<br />-.'ii " � = �� Lender's�►ction�muy include paiying uny swns.rcurcd by a lien whirh huti priittily over thi.Sccurily Inslrument,uppruring --
<br />_�.,` ,'. '�'�.. .:� in court,puying rcusonuhlc uuumcy.'I'cc+and cntcrinE on thc F'mpc:ny to mukc rcpuirx. AUhuu�h LcnJcr muy Iukc u�:tion ���'`
<br />=>"�.J ' �`':_ . under�his purugrnph 7.Lrndcr clocx not huvr to du so. �-_
<br /> :i�����._;`�,.4 . : Any wnoums dizbursed by Lendcr under�his purugruph 7 tihull bccomc udditionul debt oF B�xn�wcr,ccured by this � -
<br /> � '�""� �� Security Inslrument. Unless Borcuwer und Lender ugrce to other tcmt.�if pe�yment.lhexe umounls zhull heur interext from the
<br />:�,�°°-°_� L date of disbur�ement ut thc Note rutc und xhall hr puyublr,wilh intcrest,upon nodcc(rom Lendcr to Barrower rcyuexting --
<br /> q# ,',' p•ryment. ---
<br />';,�'� �'��':�',, S. Mortgage Insuranre. If Lendcr reyuimd mnrtga�c in�urunrr us u rnnditiim al'muking Ihe lo:ui securcd by this
<br /> y�y'� . Securiry Inslrutnent, &iROwrr shull pay Ihr premium+ rcyuircd lo muintuin �hr mungagr in+urunce in cffecl, If, for uny
<br />�-•�.,•�L�°i:°. ` :,�: reax�m. the mongugc in,uruncr ro��rragc rcyuircd i►y l.rndrr lapu, or reu.e. �o ix� in ct'frct. Bnrrowcr ,hull pry the �-.+
<br />:,_.-"4�'�'��•�.�'" premiums reyuired to otNain covrrugc +ubyumtiolly cyuivalent �o thc nion�agr in.urun.r prcviously in cf�fcct. ut a co�!
<br /> ��� �'' substuntiaU � urvulent to Ihe cu�t lu Rorrowcr uf Ihe morl tu�� in+urunc� r�viousl m efl'ect,frum an aherna�e mon u��
<br /> .,��•''�'.. . ,. • 4� y •N ' 1 �' � ' Y F �.'
<br /> �_r; ,`',* : �' intiurer appruv�d by Lender. 11'zub,�untiully cyuivulcnt mongu�c in�.uruncr roveragr i�nut avuilublc. Bortt�wer�hull p•ry to —
<br /> n-;�:, �'� r``` Lendcr euch m�m�h a,um equul�u onc-�wcltih ol'ihc ycarly mun�ugr imuranrr prcmiwn Ixrin�paid hy Bixrowcr when the —
<br /> � � inxuruncr r�wcru� lu �ed ar cru�ed�u Ix in rl'lerl. Lcndrr will nrcc 1 u.c unJ rr�ain thc.c .� menl�u,a los.rc,crvr in licu '—-
<br />�'...�� . ; � �. • � e• r r• r'y _
<br />",:,;:,� � �;�,.,�„�t". of mong•rge inxuruncc. Los. rc.rrvc puymrm.muy n��I�mEcr tk rryuimd. :u thr option ul LcnJcr. if nx�rtga�c in,uruncc -
<br /> ',i��_...�;�,;•b, ,:., ;�.. cnverugc(in thc amount und tiir thc�xriixl Ihal Lcndrr myuirc�l providrJ hy an insurrr ap�xtwrJ hy LctKkr uguin lxcomes —�r;,,;;
<br /> -_- � = avuilablc und i�obtuincd. Borrowrr.hal:pay thc prrmium.rcyuircJ tu mnintain morl�:cigr inzuruncc in rftec�.or��i pr�wiJe o F
<br /> ���' ;�" `.,� . '� losti reticrvc.un�il the reyuiremrm ti�r mongu�c in.uruncc rnd� in��rcordunrr��•ith uny wriuen ugreemrnt between Bormwcr
<br />- -. ... und l.cndcr��r applicuhle luw. -
<br /> .,. . 9. Inspeetion. l.cnder or i1.sig�nl may makr rca,un:�Mc cnlri�. u�xm and in��xrliun.��f'Ihe Pru�xm•. Lrndcr�hall !s�
<br /> . givc Horrowcr �HNicc:d�hr iinw af ar pri��r to:m in,�xr�iun.�xrif�•ing rra,on:�hlr rau,�•t��r Ilk m,�xrliun. ��`
<br /> 10. CondemnutM�n. 1'hr prikcrd�uf any aH:ird i,r cl:�im li�r d:unaEr,.dirccl��r cimticyurnliul.in c„nnrc�i�m wi�h uny �
<br />- ' Sin�lr I.uud}--h'rnnk 11re�M'rcddle�1wc t'\IFIIR�11��'I'Rl'�lF.V1' l�nd�mn c'u�.•n,mi. 9l911 r��,��,•t„r n�a�i,•.i
<br /> n � .. � irral W��Ru.+Yrsi Finm.lin � I
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