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<br /> : :,:- __. _.__... _. — '_ '-..ir..� . - : , -; —"...... . _ —_
<br /> (r=:,. _____'>., �:_�.�.c_��, _ .,. . .
<br /> �� ."s� 93� a.ar�a.s
<br /> S. H�urd or Properly insuranca Borrowcr shnll kap�tho Improvtmente now enlsling on c�rtaftcr oreNed on the
<br /> Propcny Insurcd ognins�toss by firc, h¢urds includat within tho tcrm'eatcnded mvcrage'and ony othcr ha7arQ�,includin�
<br /> (lood�or ftoading,for whlch l.endcr requires Insurancc. Thle Insurancc ehall bc maintnincd In the nmounts end for�ho perlodf
<br /> tha�Lsnder requira.7rio insuronce carAer proriding the insamnce�liall bo choun by Qorrower subJect�o Lcnder'e opp�ov�l
<br /> whleh shnll not bo unr.asonably�vlihheid. !f Bortowcr falls m maintaln coveragc dcscrllxd ubovc, Lendcr may, m Lendcr'�
<br /> opqon,obtnin mverago to proiec�Lender'�righte in�ho Propeny lu accordance wi�h p�mgraph 7.
<br /> _�_ All Insnrnnce policics nnd rrnewnle shall bo accep�able to Lender end shall Includa n smndard mm�gage cleuse. Lender
<br /> shull havo Iho righl to M1old tho policics ond renewnl�.tf Lendcr rcqulrc�,Oorrowcr shall promptly give to Lendcr all rccelpte o( .
<br /> _ , pald premiums nnd renewel notices.ln tdc evem of loss,Qortowcr sl�ali givo prompi nmice to thc Insurancc wrder and l.endcr.
<br /> � Lendcr may mnko proot of tos�It not madc pmmptly by Bortowcr. "- � '"�°-�°' '�----`
<br /> Unless Lender end Bortoxrr o�hernise egrce In wriling, insurence procecd�shall 6o upplicd to restoreilon or repilr of the
<br /> ---- Property dnm;�cd,if thc reslom�ion or repair is emnomirnlly fca�ibic end Lendcr's security b nnt lesxncd.If Ihe restarellon or
<br /> repair is not ecnnomiplly kasiblo or 4e�der's secumy would 6c Icssened,the Insuranco pracceda slu�ll be upplled�o�ho sum�
<br /> -- sccurcd by thls Secudty Instmment, whether or not tlicn duc, witli eny excess pald a [iorrower. If Dorrmver nbandons thc
<br /> __,���;��� Propeny,or docs noe enswer wlthin 30 days e notice from Lender that Ihe Insumnm canier has offered to uule a clafm, then
<br />----. �-�-�� Lendet msy mllect the fasurance pmcada. Lender may uso the proc�ecds �o repair or rcslaro the Propeny or �a p�y sum+
<br />„�•;��� secured by tlils Security InsuumeN,whcther or nat then due.The 30-0ay period will begin whm the notice is given.
<br /> �_..,7,� Unless Lender end Borto�ver otherwise agrcc In wming, eny epplication of procecds�o pdncipal shxll not ex�cnd or
<br /> �--,�r:;,� pos�ponc �hc due date of thc momhly paymcnts refcrred io in paragraphs I and 2 or changc the amount of the payments. If
<br />�����`�'-��'�`�� under ra re h 21 �he Pro rt is ne uind b Lender, Itortox�er's d ht to en insurence ticies end roaeds resuhin from --
<br /> Pa 8 P P� Y 4 Y S Y P� P 8 � _
<br /> ��`�`i:'0.-. damnge ro�ho Propeny pdor m�ho ncquisitian shall pass to Lender m the ex�ent of�he sunu securcd by�his Security Inswmem --
<br /> :i Inwediatciy pdor a�hc ncquisitian. �`:.~'-.
<br /> �-.;,,�-,��'i� 6.Oceu{wncy,Preservntlan, �Sulntenance nnd ProtecUon of the Proprrty;Dorro�ver'e Loan Applicailon:I.easehold+. -•�.; _-
<br /> - Rortower shall accu esmblish,end use�he Pro en as 6orrower's rinci al rcsidence withtn six� da s e�er the exauHon of ��+��--
<br /> PY. P Y P P Y Y ',,�...-
<br /> �hls Securiry Inswmen�and shall continue m occupy�he Pmpeny ac 6orro�ver's principal residence(or al least one ypr nRer '! };'`?�-�
<br /> h�, �::'� the date of occupancy,unless Lendcr o�henvise ngrees tn writing,which mnunt shali nM be unreasonably�vilhhcld,or unles� -��a _'_
<br /> '"'.4i.::;'.
<br />:.._q,.,�,..j, extenna�ing circunutnnoes exisi which ere beyond Dorrower's rnmrol. Qorrower shnll nnt des�my, damage or impair Ihe -r.
<br /> °���'>;�--:>:y Propeny, allow�hc Propeny to delcrioram, or rommit wute nn the Propeny. Dorrowtr shall bc in default If eny forfcllurc `°�-��h"-'
<br /> : _ . ... . ::Y�Y::kS:-..
<br /> -,- aclion ar procceding,whelher civil or criminal, is besun�hal in Lender's goad feith Jud6mem could msalt in for(timre of the
<br /> � -4- _f•`- Propeny ar o�henvisc ma�crially impair�hc lien crce�cd by�his Sccuriiy Insuumem or Lendcr's security imcrcs�. Uortower m3y y��,1= �I=;�i`
<br /> + _:; wre such a defeuh and reinstate,as provided In parngmph I8, by causfng the acqon or procceding�0 6e dtsmissed with e rul ing ".�i, - �i;=
<br /> VY�S p.
<br /> �+;_, .;.,-n,it ihn4 in Lendcr's goad fai�h determination, prccludcs tnrfeiwre of�he �orro�vcr's imcres� in �he Propcny or other mnterial �g_�:!ss..-,:`:
<br /> =h:. impalmient of iha lien created by this Sauri�y Insvumm� or Lender's security imeres�. 6orrower shall a1w be in de(null if }'=` '—
<br /> - A t' Dorro�ver,during the loan npplira�ien proccss.gave marcrialty falxc or Innccumto infomiadon or sia�emems w Lender(or failed F- �i�� �;� �� �-- -�
<br />. - - �hvi io provida Lender wiih any materinl infom�aiioN in rnnnenion with the loan evidenttd by the No�c,including,but na limited -.,`..i(��YS�r���_
<br /> f �tr jrt,� �o,repmsents�ions mnceming�orru«cr's orcupancy uf�he Pmpeey as a principal rcsidence.If this Security Instn�m:m is on o r? rt� i C� _
<br /> r '�: leuehold. Bono.rcr shall mmply +vith all the provisions of the Icase. If Iiarro�rer acquircs fce �iUe to th. Property. �he - � +yr '�rr,i �--
<br /> �lJri": .'>>�i����i%�t.
<br /> ���,,F��� leuehold nnd�he fee�i�lc shnll noi mergc unlcss Lcndcr agnrs�n�hc mcrger in�vriiing. �.� {_,�-:
<br /> - 7.RatecUon of i.endcr's Righ4s in Ihe Pmperly. If I3anvu�cr fails�a pcdorm�hc covcnants und ncrcem:mi mntained in - �� '{E— ��
<br /> ..i :y'-..1 -..
<br /> ;r =. this Security 6uuumem,or�herc is a Ieg�l pracecding�ha�may significanUy affect Lender's righ�s in�he Prapeny(such os o e. .o�-.�.Yr;;.:
<br /> -i- �, proceeding in bankmp�cy, proba�a (or condemn:nion or fndeimrc ar ta enfnrce la�vs or rcculMivas),dmn I.ender may do und '�c; _ p� ,:;�:!_.:
<br /> -���`•� ��`. pay for�vhntever is necessary m pro�ec� the vnlue nf�he Pmpeny .nd Lender's rights in�h:Propeny. Lender's nciions may `�=ii�'�.';�.\.
<br />- '�t•�;�'�,''-�� inclnde a m an sums secund h n lien o�hich has norit o�rr �his Sccuri� Inswmem, a vin y g
<br /> -_.,� s �;... P Y 6 Y Y P Y Y PPG 8 in coun. pa in - :i'a.t;-,y:!;i�tr
<br /> ,-- f' � rcasona6le nitorneys'foes and emering on�he Propeny�o makc rcp:iirs.Al�hnuFh LenJer may�ake oc�ion under�his pangraph - ' ����'"�'-
<br /> �' � r , ;.
<br /> �,�- 7.Lcnder docs nnt huvc tu do w. - r .
<br /> r -- Any� nmoums disbuReJ M1y lsndcr mxlcr �his pan@raph 7 .nan n���� aJdi�ional debt of finrrou�er securtd by �his -�"' ` �' -i;`
<br /> '_��' -,' Securiry Instrumem. Unless IHirrower anJ Lender agree tn uther term.nf paymem.�hese amnunts shall bcar interca Gom the � -�F� ��,h.�'LSs; :
<br /> �}�e� ��'� .' date of dirbursemem a� �he Nme rale and sh:Jl be pxyaM1le, a�nh imeres�, uq�n nmice frum LenJer to Barto�rer requesting ;s -�; ;ptt��� R� '�,
<br /> ,�'t�r�J` 9 mcnl. t� r�;.
<br /> '�f�/Z?�f�+ �' P Y 8.�torigege Insuranca It I.ender reyuircd mnrtFage in.urance:u a.�,nJi�ion of making�he Inan.rcund by this Securily {x ry. -;
<br /> t�+W,F vtf(. Ins�mnkm. Dnrroaror shall pay �hc premiumx rcquireJ ln mainlain thc mnnga�c in>urancz in c(fcct. If. fnr any reason. Ihc - �}rY'
<br /> t` i Yi--_ mongage inwrance mrerage rryuind by I.ender lapx.ar mau.ta In in efka. Born���cr.hall pay ihe prcmiunu rryuircd�o '�� ��l�rl��
<br /> ti ,.
<br /> s� �G�I�!! obiain m�•erage substamially cquival.m �o�hc mongagc in.urann prcriau.y in MfrcL .�i a rn+� w6.lanlially cyuitalcnl la Iht ...�,���s SL_�.
<br /> � r- mxl �o Rorrmrcr o(thr nxingagc insuramti prc�iou.lp m cflcu. frnm an .dl.rnalc mortgagc in.urcr approrcJ hy Isndcr. if ,.- f
<br /> �f :' subs�amially equi��al.m nx�ngage inxir.mce tmrr.�ge n no�arailahle. �ornmer.hall pa� �a IsnJer each momh a win cyu:J �o � ._3 f it4 �' _
<br /> {2 V� ., nnc-IU�dNi n!Ihc)�mdy mongaFc inwnmr prcnuum hcmg p:nd h� 6orra�ccr�chcn ihc in+uranrc roccngc lapxd or�rmcd lo -- �`,�_- �� .
<br /> ;��' �y��:. 6e in efl'ect.L.enJer�cill amep�.u.r:uxl rciain�hne p:rcmem.a> .�Im. rc.enr in Iftu ul mnngag. inmran.e. Ln� r_.erce .� il! .
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<br /> k;�;: -� ' Form 0018 9/80 � 3� y ti_'_
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