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<br /> ! , �'1'jpd5 Q�1��i0L[UiRS. n!C I1LSItf711CG C�1�f�YldlI18 l�IG fII511[a0lJG S�1 bC C�IOSCii�f}'�RONt!SYb�Cd W�.CO�'l� -
<br /> appmv�l a�hich st�alt nat 6e uateasa�tably`withiteld. If Bo�rower taits to rc���++•�+n co�eragt dascribed abo��e.E.ender may.at �.
<br /> . L.a�der's aption.oMaia eoveclge w ptotect L�'s ri�hts in the Prpperty ia a��d�nce with paragrdph 7-
<br /> All insnnocs policiGS pnd c�evrais sib)1!�e accep�ahlc ta Isnder 3nd shalt i�Yctudc a st�nda�d moit�+gr clause. t.ender
<br /> z s$a!t have the d,ghs to hotd the pofiries�d cenew3ls. [f Lender requires.Bareoxer shaU ProanWtY S��e to i.ender aU r�eip[s
<br /> of�id p�miwms 3nd nmewal nQtices. In tlie event�t`loss.Bortax•er sd�ll give prumpt notice to the iruaa�e�r and
<br /> — t�tder. Lddu m►y mafce piuof of lass if tat tnade Rrort!Pi3Y bY Bmrov��er.
<br /> - ----- -- --- Unkss Lender and$orsow�es dherwise�et in anting'�*+�•�e pmeee�s s9t�11 be app}ied to r�t�ati�ar repair of
<br /> tI�e Plcoperty duna�td.if[he testrnatian or�r is�a1iy le3+i[�k and[.ender's secarity is aos f¢ssened. Ii the
<br /> — �estvratioe os rcpair is not ernnomicelly fea�ibie aF Lendcr's socusity wcwld 6e tesseried. tire insnianre pmceeds shall be
<br /> - applied to the sums secuned by this Securiry Insttvmc�t�whethes or not tht�e due.uyth any�xcess pai�to Bottow•er. If ,
<br /> :,;r' Banawer abandons t�e Pmpeztg.or dces not answa within 30 days a notire fmm l.en�that the ins�rancr carrier Irr� ,.
<br /> offered w seule a ctaim.tIra lxnder may wIIa�i the insurance pcoceeds. Lender ma}use the p�oceeds co tepais or reswie
<br />- ' , the P�ope�ty ar to pay sums secured by this Secority insmunea�whe�hee or nat thea due 7Yte 30-day penad a-itE begir�whe�'
<br /> _�;,- thenotice is gi�ea.�
<br /> _;�. � Untess I.ender ar�Bom�wer o[t�erwise agme in writing.an}application of prarxxeds to principa!shal{not eatend ar
<br /> --�_. _ pn�pone tUe duc date of the momWy pay!ments refened to in para�aQhs 1 arid 2 or change the amount af the payme�tts. [f
<br /> -����1'� tmdec paragraph 2I the Ptope�ty is arqwted by Lender.Bomo�wer's dght ta any ins�rance poticies an�gn�ceeds resvlung
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<br /> fram datna�e ta tLe Ptope�ty prior to thr aoquisitian shati pass to Lender to ths eztes�t of the sums secwed by this SecuritY _ —
<br /> (as�t�nrediately prios to the acquisitian. _
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<br /> ;.:- � s•_ 6 OccaFaocy. Puservatiou. Maiataianoe and Protecttao af the Propeity: Borrorser's i.o�n AQplicatlon: —
<br /> -'- • Les9ebofds. Bormwec shalI accupy.establish.and use the praperty as Burmwer's principal residence within s�xty days after --
<br />- tt�execiuion of this Sec�aity Insuuinent and shal)�ntiriue to ocevpy the�proper[y as Bomawer's principal residence for ai =---
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<br /> ,�.��� T� one yrar. afte� the date of occupancy. untess Lender athenvise agrees in writing, which consent sh�l not be _- _
<br />- na�ably wi�hheid.or unless extenvatuig cueumstances exist which ate beyond Borrower's contml. Barrower shall not
<br /> �, � , desflvy;damage or_[mpair tfte Ptaperty.allow the Ptopecty to deteriorate,.q�commit waste an the Property. Borroµer shall �
<br /> . ��i;;.. `- he in defauIt Ff�w furfeitare action or proceeding,whether civil or crimir�uL;is began that in LE�c's goad faith judpnent
<br /> � ;`.':' . . cautd msult iti f-it�irus oF the P►vperty or othrnvise materialJy irttp:tu-,�lien created by t1ti��ecuriry Insuument or �� '``
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<br /> . L•r�tder's secu�i�:��mtt� �wee may cure strcb a default and r�insr=�.as pmvided"uipaiagrapti�8:by causing the action ' �.�.---�
<br /> ,-k �' c��i•nceeding tc�,L,.�:�.--ri�-��:�th a rul"mg that,in[.ettder's gaad Caith detecmination.}�teclades forfeiture of the Botrow•er's ,. . �;'.•._—
<br /> '`�.f � . ';iLrtfar:sZ in ttt����y at�:er material impaimtent of.dte G� created by �his Securiry Instrument ar Lender's securitY : :V..�;;�n�
<br /> - �. ���.- '�.. Baa��shall also be in defauit if Borrowe'r_��:!� the toan applicarian process,gave materially faL,e or °�-,�' - -_�
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<br /> ",•��sf,��' '� {'• i:�•. inacctuate irLfc�un or statemenis to Lender(ot failed to�yide Lender with any material infarmationl in connection with _,�,.3.r„�
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<br /> ;4Fh���4�- ,, the Ioan evidd:�a.�i by the Note. irtcluding, but not limst�to, representations conceming Borrower:s occupancy af the t•:-y;-;:._,;,�_
<br /> F; � Ptnpeny as a prineipal residence.�If this�ecurity tnstrruue�i�"r.�an a leasehold.Borrower,hall comply with alt the provisions � f�i,y�-,=�
<br /> � � of the lease. if Borrawer acquires fee aQe to the Propem..ti�:l;i�sehold and the fee title shall not merge uniess Lender agrees ��;,� •:•-;�;.�
<br /> ' '. to tl�e meraer in writing. . :�=�:��'
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<br /> .- z:•; ;��. 7. Prnteetton ot I.�nder's RtghLs in the Propert� If Borta�•es fails to perform the crnm.ntc and agreements ,�,;:.•:�__. F�
<br />. ` cantained in ihis Security Ustrumen[, ar ihere is a tega! praceeding ih:u may signi�canQy ufftx��tder:s rights m the ,_��_
<br /> � Properry(such as a proceeding irt bankruptc}..�'vbate,for condemnadaaur!'arfeiture or ta enforce l��,sas regularions►,then �"' �"� '=
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<br /> � ,,� ` `.��;.i� ' Lender may do and pay for afiatever is neces,aay to pst�t�:t tE�e va1u�of ths Property and Lender's dghtc in thQ Propeny. ��
<br /> - Lender's•action�s rt� include a�in an sums secured In a.l�en wbich hati nori oves this Securi lrtctrumertt,a n `T-
<br /> • Y P 5 S Y• P tY t3+ PY�! S -�.
<br /> � - �°�. " in caun,paying reatianabte attomeys'fees and entecing a:c the Property to make repair�.Atthough l.ender may ta3s acuan ; � . � �c-�
<br /> . _ <;.�.�;'.��. .�, undcr this paragraph 7.Lertderdoec no[have tv doso. , , � '� '
<br /> _' �� Any amoiz:��c disburced by Lender ander this paragaph 7 shall[x��me additionat debt of B�rrm•►zr yecured bv thi� � �'�-�-
<br /> � � � ;t Security Imtiuts�ent. Unless Borro�ver artd Lcrtder agree to othet temu e�f�3�yment,these nmounts sha!I Erras intcresY fromthe .'- ��-
<br /> . .�*`•�:.�.� date of disbfr�,.�ent at the Note rate and.rhall bc payab[e<<vith intereti�,,upon natice fram Lender to Bonower rcquesting � ' _ , `�
<br /> � . �;�`�_ ' Fra�rtb:ni. . � •�.;
<br /> .*,=;;�;,= - ; J. MoK;age Insuranc� If l.er.der required ma�tgay: intiurance:�a conditi�Jrr uf making the loan+ecured by�hiti . �
<br /> -'" =`i Sertuiry Instrun��at.8orrower+hall pay the premiums r-�u;u:rcd ta m.�ina;`.:� ih�r,��sn„.��: in+uraitu:ia effect. If,for any •
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<br /> • 'F.: : = reason,the au�.n�e iasurance coveraEe requimd by Ler.;�:r lap�e� �r�ceasec ctz i'�`,in effert. i3�;.nnwer �haA pay the • „`x,
<br /> ,. ,:,:�`. .� ' premiums re��iti�!Ca obtain ca�erage tiub�tantially c�:iL:�!ent t�. ihe ��flrtgnge ir.���t�re prev:cu�ii5� in effcct.at a cost
<br /> `"�• �' substanfiall e�:a..alent to itte casl ta Barraa•er of�he mun'_3�*e in�,urance reviouSl} i�z:ffect. fror�an altemate mon a e „�.;,
<br /> ,�•-. y 4 ''`' a: � P S S ,_ -
<br /> ' f��� ! i�'.;ater approved by Lender..if substantially eyuivatert inon�age�inwrance coceragr+�-�:,f�availabte.B�,rrower shall pay to . . __
<br /> -' �:� �a,?�er each month a tum eC��ai to onc-tweltth��f the cu�r.l}��:zortgage in�ur.mcc prcmium hein�paid by�nrrower a-hen�hr -
<br /> ;�;;,Y;��; �' .. �. ! insurance co�cr.�.y°_tapse d ur cratie d to b e in e f fect. L en�.:wi U accept.u�e an d retain t he�e paymen ts as a lass reserv e in lie u ` _
<br /> �',=',=�:.:% .•�':::_�: � af mortgage u�:ur�:�cc. Lotiti reserve paymen��may no longer be rcquirr�.at�he optiun af Lendrr.if ma»gagc insur�nee =-�
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<br /> • . � w„ cover.�ge tin if�::•w.munt and i'or�he periad Ihat i.cnder recuires►prnvicicd by an intiurcr apprn�•ed b}�l,en.icr again bervmeti , _ -
<br /> , - :'��` � avaitable.�nd i�ubtaitted.Bamwer shail pay thc premiun;<n.yuirrd to rnain�ain muncagr in�ur.�nce in effect,or tc��ra�ede a •
<br /> � • ., � l�nc rescrvc.until the re�J'rr��r�.::t far mongagc in�ursnu:�s:,is in acrordancc wiih anL ��tittcn a�:rcement bctNeNii flttisrawer �-�.`��. ••
<br /> andLcnderorapplicablctau. • '`r�'�+:` .
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<br /> �- � 9. Inspe�t6��e. Le:`.�r:ror it�agenT maj n�.tl�C iCltinflablc cntric�up�n and irty'�4t:ion.of tht C-rUperty. L.cndcr.hall �'�F<;,�.,� :
<br /> . ;,�,;,:;•;': ,.,;,;� give Borr��werr.��ti.ce:+t�hc timc of nrprior�n:iR�a�pectic�n rpecif}•ing�ea�onable cau�e tor thc iis,Fua}on. �'';;`.
<br /> . 10 Cor.�r�m.�at�aa. '�'.'.r:pruceed��,i.;ri� a�v.erd vr a•laim icn d,�mages.direr���r�.,n.�yqemia)_n�cannection with any .�.,,•,,;',•" ,,�`:
<br /> , - . ' � '. , 5i�,�1.Namil�••Funntc�far�FrcxAfictl:u:l.�IFUN1fl�ti'fRl��lE�f-•�1��f:rn�(7:,cnrnt� 9,510 rj��rcrr..la��d,�v ��,�.���
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