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Nr , ., <br /> . , <br /> , . . . � . . _..,� <br /> , � <br /> 1. �. .. . . . . . ... � .��. _ . ..«. , <br /> a� , , . ...Y:. <br /> „ , <br /> �?w�-� � <br /> .t�.. . <br /> . , , <br /> .,, . ., <br /> . <br /> . . ��������� <br /> �erirr�s�hat I.en�e� ��c�uires. 't7�� %n�urance ca��i�r p:r�id�rr�4h:er.SL�_a;�c�sf�atl b�:hvsert b�r Is�:crnwr.r sn�,��ct to[.endct's <br /> a�pro�a) tivhich�h^11 not be unreas�mabiy withhelC.. I�SOiTCfWCT��.1�5 Ib 1�!Alrtlkltl CQVC2;�RC(IESCf1(]C6�A4`bV@..'.,c�,kr m�y.�• <br /> Lcncn:r�s[�ptic�,ohtair,coverag�ta p�roteCt Irc.ulti''s r��h�s'srs cl�e�Yoncri';in atie��ance'�vi�ti part►�ra�h 7. <br /> Al; ir�su�r��c palici�s and reneavals shai;t��!�ce�'ta:�Ie tcs Ltnder arra;h�11 :�C;ude a st�e�ctard mortgag,�rl�u��.. l..er.der <br /> shal'; tia::�he ribt.?c�hotd sl�e polici�ti arsd rec�ev���is. IC�i.�:nsi•�r ra{uires.l3r�rrr,:�•cr a;±�ll prc�mp:�;g6v�tv 1.cndC:all rccripts <br /> �f pzi:i prerniurr� xnd �1ewa1 natices. In thr �vrn: af Fc�s. liorrdwrr sh�ii �3we�,�atn�,� nocicx tc��he insarance car.'ricr anu <br /> L,�r�ct�•r. Ler�der��,ay make proof of��ass if m�t r,Yade prompily by arrrc�wer. , <br /> [;r71�ss i.�nuer and Borrower atherwise a�ree :n writin�.. irLSUrance procecd= shali be app3;-d tn r�.�►tyra:�r,n a:rr�tyair of <br /> � the f�roperty darr.r�ged. if �tce restoration pr repaic is ecc,nomicall�• fc.:eihle autc� E.endcr"s st�:urity is na; t�.s.�rned. �!' the <br /> re5ta,-ation or sr�?:iir is nct ecviaorr*.ically feasible or Lender's sezurity woL�1� br 1essc�►ed, the insurar;ce pr�xxds sha11 ?�e <br /> Pppiied ro ii�e �uri;s secured by this Secu!-�t}r Instrument, whether or no4 ther due, with any exce5� �a��3 ta �3arn�.ver. If <br /> t3c�rnw�e�r �bancier.s tne Pra{xrty. or c�ocs not answer within 3(! days a notice f'r�m 1..�r.der th:►t the in_ziran:�: carricr h�� <br /> a;ferzci t�� scts(� ;s cls:im,chen I.ender imsv cnllect the :nsurar-�ce �rocerd.. L.endcr may usc tht �mc°eds ';o repair�r re:c,:re <br /> tl-�e:�raperty��r to pay sums �ecur�by this S�:urity Irtstrur:tent,whe;.het or nnt thr.n due. The?0-day pert�wili bcgir�wlr:n <br /> � the:��tire;s g:�•�:. <br /> L;nl�s,s Ler�der and 3orrow�er ottt..°rwis�; agree in w-ritir.2, an}• applicatian of praceee, !o �r.ncipal shal! nat ext�nd or <br /> nc�,tpt)T`�. the d.��d�te or the monthly paymenLs rrferred to irr paraCraFhs t attd �aC�t�ana�thc amoLni ot'the payr:rynts. If <br /> �uni:�r F-u�ragrit�'.t ?,: she Property is acquired �y Lender, Br�arower's rigr,F to a;ny insuranc.'e polici�z an�, r��� �sulting <br /> {rom d•=c�a�e ,tv tl�c E'ro�erty pricr t��'.he acquisition shail �ass tq I.ender ta the ex'c•nt of the s�ms securet.� hy this Security <br /> Ins�rtir::ent�r:�meaiarely priar to the acquisitian. <br /> 6. Occupanc�•, Pres�rs��atian, ;1�i�intena.�se arsd Prot�rtio� uC the Property; Bur�•ower's i.�ran Applicatiati; <br /> �,ea�_eF�•stds, �3orrnwcr shall orcupy.e.;tablish.and use the Praperty ac Borrower's pr�nc+p��! :esidenre with:n sixty day�after <br /> the ��xer_utioc: ��f thi.> 5ecuriiy [r.�tru:nent anc+ shal! co�etinue tc a;�ur,: the F'r-ti�erty hs �orrower"5 nrinc;p:►1 residenre for at <br /> •.e:sst .�r^ yea; af!e� the aate ��f o��upancy, un!ess L�rnier othcrwise agrees in a�ritin�, which cortkn! shall not hc <br /> unreascnr�bl� withrresd. or unless extenu�Cin�Cit�CUmstances.exirt ���hi�n arc bcynnd E3�rrnwcr� contml. F3orr��H•cr tihall not <br /> ct�ctro}'. ciarT,a�re or i�ttpair thc Pro�erty, allnw the Fm(+erty tn dci�rir�ra;e. or commit wvtite cm the F'rape�ty. F3nrmwc.F tih:ill <br /> hc in clr;(ault i:any forfeiture artion ar prcx:e°ding, whether�iv:! or crintin.�l, is tngun lhat in Lcndcr� �<xx.l faith ju�lgrncnt <br /> eouid rr�sulc ir� forfeirure ef tttie Property or otherwisc matcria{!y itt�nair the Iscn Crr�►ted' hy this Securi[y Ic►�lrum�rtt ��r <br /> Letadec"5 securit��inlerest. !3orro�ti'cr may Gurc ti�t�h a def:tuiC�ind rei�t,�:t1e.as�,rc�vidcd in par:��r:oph f�,hy c:wsin�,the.iclic:n <br /> or prec.e�ii;is� eo E+e ditin�155CG W'�E}1 �� n�fin� th:;t. in iMcni3cr'c r;o<xi fa;tfi �lctcn?�ir?:�tinn. �Sre�la�ds�s 1�carl�eiiurr of thG (3;�rru�vcrti <br /> in'ere;i in tt:c ?roperty or other maecri.rl imp:�irm+�r�t o4� !hc iien crrEilL'(� IlV thi� Scci�rity intitris��7ent or Lend::r's ticcurilti' <br /> interesc. f5c�rr<nticr �hal! al�o bc in def.�ult if B�.�rrs��vcr. cl�ir.nc tli� lo�i:� _ip�?firtslicin r:'cx4��. �:a�'�: tn�il�ri:�lly f:�ltic ��• <br /> inacctz�at._ informati�n or.tatcrncntti tc�I�cnuer(��r failcd ttr prnv�,�c :.cnc!cr�vi!it:tny►natcrial infc�nt7:iti�nt) in c��micclictin wi!h <br /> [ite io.rn c�idencr_d hy !F�e N�rte. in�luding. hut not li:niCr�r tn. r<�reticrrtat:at��; e;c,nrcrr;in�;� 5nrruwc:'� cK•c�u�.incy ��f th� <br /> ('ruperty :is a principal resioence_ tF tL-i5 Security Intitn�ntent i�:c�r� ,� Ie.��eh�lel. F34�m�wer tih;tifi enmhly wi�h al! thC��ruvi�inn� <br /> raf th� :�.itie. !1 Borrowcr.i�c�ui�es fer titic to the P-c��'�erty.t1t'ieaseholc!and tht fee!itic sh:�li nnt mcr�c unlc�s l.rndcr,�grce� <br /> ;o:he mcr�cr in writir,.,. <br /> 7. ProteCtion af l.ei:ticr's Ri�hYs in thc C'ro�rtt'. If Snrnna'cr failti to �rfnrnt Ihc �ovcnantti and a�,rccmcnt� <br /> contair.��f in ihi� �ncurity Irsu�r���er.�, ar there ic alcg:if r�rcx;eedin�, th:�t m�y ,i�nilican�ly afCc�t t_cndcr'� *i�ht� in ihr <br /> Pro}xtity (si�ch as r� procezdi*:g in i�..���;n�ptry, prnbatc,for c:mdeir.nation��r furf'citurc or tu enli�rce laws�>r re�ulatiirntil.Ihrn <br /> I�enc�c:r r.�a�' do and r:�y for whatev�r :•. ��cceti�ary to prntect tl�c ��aluc of Ihc I'ro�crty :�nd Le�ukr'ti right� in Ihc I'n��x:1�-. <br /> Lender�s accion�, m:;y incl�cle payi�� �tr,� :'�_ms sectareci by a �icn whic�� ha� priorily c�vcr Ihis Sc�urity In�trwncnl. :i���:�rin�; <br /> in court. payin� rea.;tinahle a��c�rr�eys°f�1ss •iu�; �ntcrin� on the f'ruperty to make rep��irti, /�ltliorrgli Lencl�•r may t:�k� :�cticrn <br /> ur,��er lhis paragraph 7. LEndcr dnes�i��t have:r?da�ca. <br /> AriV :1mt7i.!?IS dishursed by I...cnr;ier undcr Ih:ti �;aragraph 7 shall ber<�mc additional debt of E3orrr.wcr �ccurcd hy thi. <br /> 5ecuritv In�trumcnt. t�!nlcss 13orrower ard Len�!er agrce Se n!her trr.ns oS'p;ryr��rnt,ti!ese:�snouniti sh;:ll txar inlcrest I�rnm!lir <br /> 4atc o'�d"s�bur.:emcnt at the Nnte rate and shall be Payablc, wiih intrrc�t, u�n noticc i�ro�ti7 [.cnder to (3��rrc�wcr rcyuctiting <br /> 1, r�yment. <br /> 8, tilort�age irtyurance. I� L.ender rec;uired !nartg:a�r. intiurance ❑s u cnr�ditinrs nl�in:�kin� the I�r.�n secu�cd hy Iliiti <br /> Sec��rity tn�.trument. Iic�rrower tihall pay the prcntiums rcyg�ir��d !�� :n.ii��t:�ir. the mc�rt�:rgc imi�ranc:c :n effcc�. II�, fc�r any <br /> icas��r. ihc mort��age insurance coverage reyuir�d h�� !.cnder i.li15C+ nr [eaties to iic in ei�(ecl, Borri�wrr �hal) (�ay thr <br /> prcmiiiniti reyuircd tc� obtain cc�vera�c suh�tanti.�11V cyu���:ale�t t_+ tf�e mc�rt�.ct�,� intiurar�ce �rc�•ic�u�l)� in cffec(. .i( :i cn,l <br /> sui�st11t1IS1II�; eyuiv:ilen: t�� the ca�c tc� �csrre�u��r of tRie m�!nRa�,c itisi.ir►nce nr�ti�i��uslv in cffeet_ Ir�7in cin alter�?:it� m��;l�:� <br /> in���:4� apprnved b, 1_ender. If sub��:�rztially cauiva9c:;t ;�7arlgage in�urancc ccvria�e �s nc�t a�:tilab��, 'firirrnw•r.r shal! p:��• c • <br /> � s_�ndcr rach m<�nth .� sum �yunl to c3�te-t��'elfth of tktc ti'<'arly� mortga�zc inst�r:!n<-c prcrr,ivan heinr r:�id hy F�c}rr«wer whcn tt�c <br /> insur..incc co��cr��gc lapsc�d c>r ceascd tri[�e in cffcc[. L,c:x.�cr will accc�t,usc ar��l r�tain ►h�sc�aymc��t�as a Icn�;rc�crvc in licu <br /> of R;ori.�:i�� in�urance. Lcsti re�en•c �a}•it�ents muy ;lr �����cr be reyuirecl, at the ctiption �f Lcncler. if mnrt�aec in�uranc� <br /> �over�iur ,'in thc an'i���int and for the �criod th��t L.endcr r'Fyuire�) p�ovided by an �nsurer r�pproved b} Lender arciin hcec�mr� <br /> ! a��ila��lc .�.�d is obtaincd. Borro�ti'er r;h:►II ray thc preanaum�r�:yuired ro rr,aint�in morlgag� insurance in cffect.or to��rn��idc �i <br /> ? lotis r�_scr�c, until th� rcyuirement fc.r rr�ortMa�c; insurance ends in accnrdan�e with anv written agree�nent hetwecn Bc�rro����:r <br /> an�i Lcnder t�r ap�licablc la�v. <br /> 9. Inspec4ion. Lcndc:r nr itti ri�ent may m::hc r�:�snnablr entries u�on anCl intipec!ionti of Ihe Pro�rty. Lencicr shal! <br /> �.ive f3orrcntier nnticc at the time of r�r prior to an insrectirm ti�xxifyin� rc:ison:�ble r.�i�se:for i;�.: in��xctinn. <br /> 1U. (��►ndemnatior.. �'Ire pro<_ecdti ot�any aw;�r�9 nr c•I,tim f�r damu��c�,clirc�t �+r ron�eyucnti:�l. in r�mncrLc;n ��ilh :�nv , <br /> �inc{c I�amily-. Fannie tii»eil�'redi�ir�ix U:ti1F-OR�1 Iti:il 12C,`.1�:!'i'- 4'nif„rr�C'c:•.c��.imti 4;911 r�n�t� :��)n�.,��r�i <br /> :� f.N;r!I:�t�r Hu.t�.n F'rain.,inc.. � <br /> 'fn 1k�!rr!'::'!� 1�lI(MbS:t0.^^iJ C!.°.�[lilfi�l!11-1131 <br /> . � . <br /> � <br /> ,� <br /> `� . <br /> �. <br /> S �' <br />