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<br /> = • periods d�at l.ender requirts. 'The insur�nce cur�providiag the insuranoe stvll be chasen by;$ojmwer�ubjtct to t.n�der�
<br /> �6Y8I WI11C(1 S�IiII�Ot bC WIC.1ti0113M�WtI�ltlL'Id. �BOlLOWlf fi11L4[O E�710t�tI1 COYCI7$C�S'ialll��70YG.I.l6�'f i11�}l.it .
<br /> E.C7idGf�S OpLtLtf.O�1fuA CCYC�$C W p[OifCL Lt[1dGl S L��ILS m f�l!�OpC�I}t I11.�L'CO[�IICO Wltll�!'Jgi'd�17.
<br /> � + p11 msuranQe policies and rencwals shali 6e acceptable�o Lendes and sI�11 inciade�stgpdarA matgage ctnusr. i.eteder
<br /> ° • shall liave the right to hold t�e policies and renewals. IfLende►requices.Bonower sh�Il pratnptty gjre[o Leader aii r�ceipts
<br /> ` o�P�P�iums and�rnewa!noases: In the event of toss.Bor�ower sha!!givc pcamgt notice to the insurance curies and
<br /> kttdtr. Ltnd�s tnay tn�ice pmof of[oss if rtot made promP�tY 6y Borrower. `'
<br /> _ • tTtste�Le�der and Harower otiierarise a�,-�se in�sitmg.insu�ce procs�s sh�U 6��s�1't�tu cesia�ation or repair of
<br /> die Ptoperty darmged.�if ti�e cest�ation or eepa'v is roonoaricaUy feasibte and Lendec�r'seciuity is rtot lessetted. if tt�. '
<br /> - restarazbon ar rep�ir is nat ecawmicatly feas�Ie ur l�nder's security woutd be tessened,the.insur.u�ce pmoeeds shai!ba
<br /> __ = applied to the sums securod by this Se�vrit}r Insw�en� whether or nat dteu due. witLeicu�y�eacess paid to$ntrmwer. If
<br /> - Borsow�er ab�ndons tbt Ptopeny.ot does not answes within 30 days a notice from Leiicter that the insacat�e carrier ttas
<br /> - offered to s�k a claim.tl�en Lender may cotIett the in�urance proceeds. E.eader may ysse the p�acteds to nopair or•set�tt«e •
<br /> - ' tbe PtopertY or to pay sums secured byr this S�arity tnsmmnent.arhetkeror not theh due='il�e 30�day petiad wil!6egiu:when
<br />_ ..` t6r mtice is gvea.
<br />"=�' Un[ess Lender and Borrower atl�eivvise agcee iu writing,aay app6cation of piacci�ds to priacipal shaII not extedd or
<br />- . _ postpane the dae dat�of ttie montWy payments referied to in paragraphs 1 and 2 or ch�ge t}�e amount of the payatents. If
<br />. - �tnder�ph 21 the Fro�e»y is acquiied 6y l.ender.Bortowers right w any insur�nce policics and praceeds resulting
<br /> - fram darnage t�the Pmperty priar to the acquisiaon shall puss to Lender to the extent of the sums+ea►ced by this S�xutiry
<br /> - instmment immediateiy ptior to the acquisition.
<br /> -,� 6� Oacapancy, Prcxrvalion. Nl�intenance and Pmtectbn of t6e Pm�ert�, Barro�rer's Loan Appitp�tivn: — _
<br /> ' . �, . Leasebotds Sormwec sha11 occupy.estahlish.and use'the Pr�opert!'as BorroRer's princ�pal residenae within sixty days afoer
<br /> ' We exetvtion of this Seauity instnnnent and shall contirme to accupy the Pcopeny as$arro�Yer:s prineipat teside.�ce far,at
<br /> . l�ist one year afrer the date of ocrupancy. unless Lender otheiwis+e agrees in wrinag. whith coRSent sf�ali �nat;be
<br /> _ . • . um�sanabIy withl�eld.or unless e�ttenuating cu�vmstanc�,eaist which are 6eyoad Bo�rcawer's control. Bamuwer shu11 not
<br /> , � desuay,damage or impair the Ptoperty.a!!ow the Rope�tg tu detedarate,or commit wwsieoh the PropeAy. Borrower simil
<br /> ' ���' be in defauit if any forfeinue acaon or proceed"mg,whether civil or criminal,is begun ihat in Lender's good faith judgmertt ' �
<br /> ' coutd cest�It in forfeiture of the Ptnperty or othenvise materialty impair the lien crrated by this Secucity Instrtimerct,b�r - -_
<br /> ,.;:: . ' . l.ender's sec�ity irte�est. Bornnwer may cure such a defanl!and reinstate,as provided i�i p�ragrsph 1 A.6y cansing the Action ��__
<br /> _z_i� or pmceeding to he dismissed with a mling tha�in l.eader's gaod faith deiermmation.�recludes farfeiture of thc Barcau¢CI''¢ - �{_
<br /> •, ;rtterast is�the property or other material impaiment of the lien created by this Sec�nty Inst�ument or Lender's secuthy
<br /> , ��..' inieses� Bormwer shall at�a f� in defautt if Borrower.durin the loan a ticatibn pracess, ve materiali fal�,ar ��Y
<br /> �.. 8 PP 8a 9 �-�s�a�__
<br /> ' inaccurate Informatian or state�aents to Lendec to,r failed tu provide Lender with any materia!infmmation)in connectiart w(th �{_--
<br /> 1£+124
<br /> � ��'�'� slie!oan evidenced by•the Note, imtud'w�„lirst nat limited to, representations� canc�ning 8orrower�occupancy of�ihe �;g�,_�:_
<br /> � � �:i ^' .. �f:iL�f�!`�r��
<br /> � Property as a principal msidence. If this�'aa�rii3r Instrument is on a leasehold.Borrower shaU romply with all the provisions ���
<br /> ' , al'i;;z:tease. lf Borrower acquires fee title Ysi�e Propeitv,=+fie-�easehotd and the fee titie ahall aot�nerge untess Lender itgm.es =�-_�-
<br /> rrnitic�rt�erger in wiiting. . . , ,
<br /> :. 't, Protection of Lender's Rigltts ia the Prop�J.y.;;If Barrower fails to perfarm the covenan�s and a�ii�f�':ts . �."'
<br /> . `�`'' �,�._; ca�,ained in this Seeurity Instrumenb or there is a legal praceeding r�c may signi�cantly affect Lender's ri�-tis;Ys'e ., -� .. �••�' _
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<br /> ":rf.i•'r:;., . • _��f'�i:� .` --
<br /> •t:�.�� - � property(such�-a praceeding in banicruptcy.probate,for condemnation er farfei�ure or ta enforce laws or regutation�l:then _ --
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<br /> ' '�•c , �r:z. Lender may�a arni pay fai R-hatever is necessary to protect the value af tine Propeny,and l.ender's rightc in the P�vperty. i.; _
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<br /> .,� l.ender's actions may incTM,:3��.�ing any sums serured by�lien which hati priority cne�this Security Ir►ctrumen�,ap�scarin� :,��:�:5,t. � ,'"�°
<br /> ` - f in court,paying r�asona�'.,���}s�,�eys-'fces aad entcring on the Propeny to make repa�s�..Although Lender may take action ;;��";';.;.,�`
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<br /> ;tN�y,_.•, under this paragtx,h 7.E.e�u�u�es not ha�•e ti�cio so. ;;�y'}��'��" '-�
<br /> - " ;�':; . Any ammr.L;Cisbur3ed�y Lender���this paragraph 7 shall bewme additioi�ul deM af BuRawec secured b,�,thiti � ' .:�•'_q
<br /> ���;,• ,g Security Instnu•rq�. Urttess Horrower aa:i.li:ri��r agee to other cerms of payment.the�umountw shall beaz interer.t from the ,• _
<br /> � s?�:-,. dzU:of disbu�ent at the!�tote rate a.-i�;%f?s:!{'Px p�aya;te,witb interes4 upon notica fram I.ender to Bnnawer requesting _
<br /> X.��i� ".�+rixt.7 i�lii: � •
<br /> ��� •,: f�,, Mortgage Insura�rnw�.;lf Lendes required r..+^����:insurance as�condition af making the laan secured iiy this ~�
<br /> ,.��, ,' ?f`?�",:k�. . Security lnstrument. Borroa�<:�alt pay the premiur..�.r:��u"ecd to maintain the m�rtgage insurancc in eifcct. If;-f+srzny • , ' .
<br /> • ��:';_; "''��` reason, ihe mortgage insurance coverage s�-l.:ired by, I.��c�r laptic� or ceuceti to 6c! in effect. Barrawer Shali t�rGJ';iite� _ _
<br /> '�%�- � '�`F�';�� premiums required to obtain coverage su�s�r.:tally eqaacitent ta the�m�►tgagc inrurencc previc�uyty in effecl..'�t.�z:�.c�r: . . :-,_:�.
<br /> ' � - •���-y !,ubstantia11y equivalent ro the cost to Borrs�r.c�oi ihe m�.���sR�ur�kr��previausly in effect.fram un ultemate m�sm,�e . . ` `:-::'
<br /> :#`" � insurec approved by Lcnder.'if substantiaUy ec�uivalent niwr�����.:�i:.rr.�:c coverage i+.not avciilahle.Bnnower!awJl;psy to - •,-,�;•;,i;' . ��^_
<br /> ,�: ; L.ender each manth a sum ey;,.�l to one-twelf'th of the y�rl;=u-�r�"L:s��::::.urance premiu�beina paid by Barrawer+�2�sn the r,•:};?,�, '�-
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<br /> �• � .;' insurance caverage lapsed a��:ased ta be in effect. Lcnd�r�:;?y�cc�e,.�:;�e and retuin tlui�.e paymenxc as u loss reserve in lieu �• �:�Uii�' -
<br /> -f'`'�;;, �� " r„'r,�; nf mort a e insurance. Lvs�retiervc a ments ma no ton^ec h�e� ••��ii�1�,at�hc o ti��a!'Lender.if rnan a e insarunce , ' � ;'�``
<br /> s°,t S 8 P"Y Y a �i P S S y'�;
<br /> • `•;:;r�'`,• r;:c.'���: caverage(in the amount and far the periad ihat Lcnder rev�::;sf.�n:.•.iu:tif i�y an inyurcr appruvcd by t.cc�'er agaio tx�amcs • �""�':
<br /> �;'-.=;�� ' availablc and is obtained.Borrower shall pay thc premiu,^.��:�;;aired to main�:�in muRgagv inrur,nce in vffect.or to pravide a ,
<br /> - - �,, +�li`- toss rcserve,until t6e requirement for m�mgage intiuranu:�r�'.r in aca�rdance�vilh any writteu:+grcement betwe�m H�strower • � .
<br /> r..,,, •
<br /> 9� „ . , and Lender or applicable la�H•.
<br /> ��. ' .• ;',#.' 9 inspee3ion. Le�.d�.�ilr itti agtnt may make rea�anabte entrie�up��n and inspec tion�:uf the Propeny. l.enci���hall
<br /> •o='� � �� � give Botrower iwliee al lhe t:;ne af ar priar m�n in�pec�i�m.pecifying rr.i�anahlc rau�c ti�r thc in�pc:ction. •
<br /> �.;�,-;•_ �`�' ,
<br /> ;.� �.. 10 ConQemnntioa. '1".:e praceeds uf any aw;i�d nr rlaim fi�r dan�age�,direci.�r c�n�equential.in cunrtectinn with any
<br /> '��,�kly,;_ ,. . 5iuy�1{3°ram�ly..E'•rnnie S1�e�Firddie t±ac t'V1t1)RN 11�1'tiC�tt Yf•-Uitifurm Cu�cn:mts 9rg11 ��aixr?Un puie�i �' ;. . .
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