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<br /> ' pFitail�ih�t i.eiW�r rEqulrcy:�.Tlw Iruunuke ary�r prmld(pi the Iq urnrb iliall be choien bf�Aomiwl�r wbJeti M�.endmy
<br /> �pqon,l whkh 4hsil�bt 6e unrc�u6n�bly wlthhe f ilorco �er G e lo m�imnln coven e dqsrlbM�bor�,Letdet m►y,M
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<br /> l.er�detl op�lon;obl�in Fovenye Wproiect I.ender4rljhu In tM rty In ucoidwKro with p�e�Yrrph 7. �.
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<br /> •All ln�urmce pplkk��nd mnew�b dM�!be�cceq�ble.�d Lenskr�nd eluU Include�+ienc�nrd mor=ye cl�uK I,ender
<br /> - " � �Il hwa t�p dyl��w IaM the polkk��nA renew�Ir. It i,nMer rcquirc�,Bortowsr�h�11 Mom�Xty�ive lo l.erde�d{r[uip4t -_ - -
<br /> , �of Id prrnilum+�nA renew�l�wikYf, fn�he event at loee,Borrower Fhpll givo prompt nexica.�o tlaJnsur�nca c+RieR�n4 ,
<br /> r� LeMkrmAyouke,�xoofoflor�lfno{(n�dCpromWlyby BortoweM1 _ .. - ,:'
<br /> Uqieae�.ender i�(Harowei Mhttwido�greo In wrilip8.Insur�ncoprocecd�eii.l�be�pplled w rcs�a�non or rc�r ai
<br /> - � s` �f��r. riy'dq�nw8ed,It Ilw�s�MaO�1�o!'rcp�Ir ie cednomlcally,fcasi6la:dnA LenKrb sccu itp ls not!es{;p d, t�1ho , . , .,� ----.--
<br /> ° rc�lo��oii or rcp+fti�not etunahlnlly(e�616le.or Lenderb seenriiy Wd'uIQ be ksKnM.the�o#unu�q�ipc�a shell I»' ' —
<br /> �pplled w tla.suins slcureJ by�h15 Sacud�9 instrument;wheiryfi or not thcn duo, wi�b ooy extese pAl to Aprrower• lf
<br /> BortoWer abnndonq tho Pro�xny�or dtics not nn wet�lihin 3tl daye n nodce from I.ender ihat�hq'�usumnca sarticr fias
<br /> ofPored�o utilo n clalm,then I.ender may copcct�ho Insumnca proccede. Lender may uxe tho pnxeede�o ropAfr or rosrorc
<br /> tlw I'ro�ny or tn pay sums secnrr4 hy�hla Security Insimmsn6 whe�hcr or not�hen due. 7rio 30.day pedod will begin when
<br /> tla not co Is qtven. '
<br /> , - Unlue l.endor and i�ortower mher.wlso ngtco In wriiing,nny oppllentlon uf proceede m pdncipal shall not exlend or �
<br /> poslpone�ho dim date of eho momhiy payments rckrtcA�o in pamgmphe 1 and 2 or chango ibo nmount ot�he poymems. ff
<br /> under p�regr2ph 21 �ho Propeny is ncqulrcd by Lender,Oortower6 dght to nny Insumnco pollcia nnd proceeds«sutting-
<br /> from dam,go to tho Property pdar m tho ncquishton shall p�as lo Lender to the oxtenl ot�he sums ucand by tAte Secumy
<br /> - - Insthimentin�mediaroly pdonathoncqnisitlon.
<br /> - 6. Oecupancy, PrcservAtlan, Mpintennnw nnd Prolectlon ot Iim Proper! � 6torro»�er'e Loan Appll.etion�
<br /> Lt�SlDPIfIe� IIortuwer shell occupy,citablish,and um tha Propeny as Dortowcr§pdnc��11I fiSl(1COCC WIIAIII SIRIy days nfler
<br /> ___ the excenllon of this 3ecudty Inslrumenl nnd shaU conlinuo lo occupy Iho Propeny ru Oortowerk pdncipal residence for m �:
<br /> least ono yenr nller tho dme of occupancy, unlcu Lender ahenviu agrces in ���riiing, whlch wnsent shall nm be �_;�._�
<br /> m�reasonab�y whhhelA,or uniess exlenn9tlng circumsiancea exis�which nro beyond Bortower§comrol. 6orro�ver sLpll.nol �„
<br /> dutroy,damage or impair the Propcny,allow tho Propcey to Aetedoratc,or comrott�vute o��he Propeny. 6ortower shall �+";�:-
<br /> �'?-�� bo in defaul�if any fodeimro nction or procceding,whe�her civil o:criminal,Is begun tha�in lenders good fni�h Judgnwnt "°
<br /> — could rcsult in fodeimrc of�ho Propeny or othcrwiso ma�eriuily Impair �ho Ilen ercateJ 6y �hie Sccuriry InslNmem or �"`_=�-
<br /> _� Lender4�aecudty imercst. 6orrower rony cura auch a defnul�and rcins�eie,ns provided in pamgrnph 18,h�cansing�he actlon
<br /> or proceeding�o be dlsmissed wiih n Nling�hat,in 4ender§good faith Jetemiinmion,precludes to�teiture oi�he Oorcowerl
<br /> -- . Interes� In�I�o Proper�y or other ma�ednl Impnirment of the Ilen created by thia Security Insm�ment or Lenderk securiiy
<br /> � ' Intcrest. Bortmver shall also be in default If Rorrower, during �hc loan epplicatlon proces.5 gavc matedally falsc or _
<br /> _= inncenmie informaiion or s�aiemems to Lender(or fniled�o proride Lender wi�h uny ma�edal informatioN in connection e�7�� -
<br /> � the lonn evidenad by the Notu, Including, but no� limited �n reprcsenmtions coneeming Dorrowerk wcupancy of�tK ��� -
<br /> = 1'roperty nv e pdncipnl re+idenca If ihta Security Inamment is an a lixcehold,Dono�rcr shall comply wl�h all�he provisiony-
<br /> - �ryhe�gp_g, tfl;p.....u�.��y�tmq fqn ip�r in ip;Vr..�mnv;�be lucehold nnd the ke Iltic shall not meree unless Lcnder acrecs _ ..
<br /> V Ey �. io lhc mcrgcr in wriling.
<br /> "9_;i -,� 7. ��ntecllon of I.endePs Righu in lhe Property. !f Bnrto�rer fails �a perform�he co��cnams and agrcemems
<br /> --- �' coNnineA in Ihfs Securily Inswmcnt, or Ihem fs a Icgal pmcecding Ihnl may significaml�- :dfccl Lcndtrk dghis in �he
<br /> � r`,?r!�" Pmpeny(such us a proceeding In bankruptcy,proba�e,for condemnadon or fodcimrc ar�o enforce la�vs or rcgulmions),�hen
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<br /> _=.ti;_i�,�� Lender may do nnd pay for�vhatever Is ncoessary to protcc� �he vnlae of ihe Property nnd IsndcrS dgins in ihe Propchy.
<br /> _ �.?;�.:� LenderY nctions m.ry Include paying any sums xecurcd by n lien�vhich has priori�y over�his Secnri��Insuumen4 nppearing -
<br /> '��"" In coun,paying masonable mmrntys'lecs and emering on�he Propeny�o make mpairs.Ahhough .ender may mke nerton _._
<br />-'-;��''�?�_r�, undcr�hispamgmph7.Lendcrdocsnmhavetudoso. _._-,:___
<br /> Any omaum+disbnrsed by Lender nnder�hi+paragmph 7.hall I+ecome+ddi�lonal de6�of Uortu+�er ucurcd by �his �=��.._��
<br /> -;`�_°iL'' Seturl� Ins�mmem. Unlcxs 6orro�rcr and LenAer n n��o mhcr�enns of i mcm,�hcu mnoums sh�ll Ixar Imems�from�he - =
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<br /> � . dale ot disbunemem m�he No�e rate and shall be paynbiq wiih imerc+�,apon nuiice fmm lander�0 6orrower rcyuexting -., __
<br /> f ,�� WYman. � _
<br /> � ?p:t,u� A. Morlgage Insurance. If Lender mquimJ mongage incmm�ce ax n condiifon of mnking�he loan securcd 6y ihis <i�7 �`;_
<br /> - Sewrf�y Inximmcm. Oarrowcr 4hall pay thc prcmimn. rcquimJ �o mnimnin dic mung�g� im��.nnc in cGcu. if, fur nny - -a d�', _
<br /> -f� reason, Ihe mongage insurance co�engc rn�uired by Lender lapses or cense} m 6e in effecl, Oortmver shall pny Ihe -.:p�! -
<br /> ��_ j� 4t: prcmiums rcyuircJ lo ohmin eo�erae¢ .u6.�antially eyuirdem to ihe mongage imnnnre precioucly in effeq, m o cox� - �`
<br /> ° '��- subst.n,ia77 c ulcakm W tl;:cost Io 8orros�Cr uf tF.c rr.onga r inwnncc nt iou�l in cffict,fmm an alxmalC mort a c -
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<br /> . i� imurer n;pmved h�•LenAre If�uhaami:dly equi��alrm mongagr ineuranee em�emge ic not a�ailabte.6ortower sAail pay m ...-,.. . _
<br /> --4�.G Lrndtr.ach moNh a sum cyu:J lu onr•W�dOh of Ihe)rad} mnncagc in+nr.miY prcminm Fk ing pdid hy Qonower ahcn th: � _,
<br /> -i��)� inmrar.r�cmeroge lap.cd or cea,eA m M in cfk.� Lendcr��Jl:ucrpl,u.c:md relain�hr,e pa�menN a+:�lo•�rcun.in licn �+� `
<br /> r � W; of man a r inmrnnce. Lo.x rc,.nr �}mcnt�m.n no Inn rr M1r rc nimd,m Ihe o �ion of Lcndcr.if mon � c inxur:m��r �7`i�i r
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<br />. :- }'JyS;-.. cover:+gr lin lhe amount v�d for ihr p.riaf ihal I.endrr r.quircs)proviJtd by an imurcr apprnved by LenAcr ngain Mcomr. lti`�.�`.:°•,��_�
<br /> ��•°^}F:;'t nvailable m�d is oblained.dormw.r xhall p:q�Iht preminm.rcquircd lu mainlain mongage inwr.mre in effecl.or lo provide a :'• �.«:;3
<br /> :�1}'".'`: loss reservt,uNil Iht requircntent fo�mnngage insuranrr end.in a.a�rdancc��i�h an)�wrincn.gmemenl Mnrcen 6nrroacr !'�; `�"r�'+�..
<br /> J��jf���� andLend.rornpplicahlclae�. y " _
<br /> ���._R,'y... 9. lmpttllon. I.cnder or it.aFrnt may maAc rr.nnn.�hle rnine.npon and in.�wvnom uf the I'ropcnr. Lendar shall i':'[ t �-.
<br /> ,: �;.•�'ii:.;�. girc Dnrrmccr noiicc al�hc�imc of nr prinr m nn m>�r,ninn.,�xcifcing rc:nanahle canx for!hr m.�eion. t;:'.:'„� ..14r.�:
<br /> ;'.itk't;:: lO. Condemnnilon. 11icpnxcrd.nfan) auardordafmfnrJam:¢c+.dircclnrann4qcrmial.inco�ncnionuilh:my -.,;.�-,
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