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<br /> padaix thet t�nder roquircs. Thc inwnu�ca curier provldin�Iha insunmce�h�ll bo cMo�n by Bomawer subject w l.cndorY
<br /> . �pprav�l which�11 not bo unre�Wy wNhheld• if Bamwer fail�to maintain covero�c described above.L.a�der m�y,n
<br /> Lenderk option.oMnin covera�c to pmtect l.en�kr�rights in�he P�upeAy in acconiancc wi�h paragraph 7.
<br /> All incuranco polkiea w�d renew�la slul!be�cept�ble to Lender ond shall include o setandard mongage clwu�o. Lender
<br /> �h�ll hwve the right to hald the policies w�d rcecwels. If l.endcr reyuircs.Banower Rhall pramplly give to Lender all necefpt�
<br /> ' of p�id ptmlum�and rcnewq)noticcx. In Ihe event c►f losc,Bnrn►wer xhall�ive prompt ndice to�he insurance crurier ond
<br /> l.emler. Lender m�+y make pnx�f of lass if not mude pramplly by Harmwcr.
<br /> Unless Lendor and Bomnwer Mhenvige ag►er in w�fting,inaurence Pmceeds shall be applied to restamUan ar repair of
<br /> �hep�e�y damaged, if tho restamtion or mpair is ecwwmkally feusible ond l.enderk xecurl�y is na lessened. If the
<br /> restarntian or�epair is not ecanamically fea.qible or Lcnder�secunry wauld be legsrned, �ha insurwue p�s shall bc
<br /> applied w tha Rum�secured by Ihis Secur�ty Instnirn�nt. whether or nat Ihen due, witii uny eace�s paid to Borrower. If
<br /> Barrawa abandons the Propeny,ar does not anawer within 30 dAys a notice from l.ender thu� the incu�nce ewricr has
<br /> offened la settle a claim.then Lender mqy rnllect tha insuronce praceeds. Lender may use the pmceeds ro repair or rcstore
<br /> 1ho P�operty or�o pay suma eecured by this Security Insuument,whether or not�hen due. The 30�day periad will begin when
<br /> iha notia is given.
<br /> Unless Lender und Bomnwer wherwise agree in wrf�ing,uny ppplication of proceeds to pdncipnl shall nat ex�end or
<br /> postponc the due date of Ihe monlhly payments r+eferned to in p:►rag�phs I und 2 or change the amaunt of the pAyments. If
<br /> under paragruph 21 the Ptopeny is ucyuired by Lender, Borrower's�ight to ony insurance policies und praceeds resulting
<br /> from damage to Ihe Property prior to the ucquisilion r+l�ll puxs to Lender ta Ihe extent of the sums secured by this Sxurity
<br /> Inatrument immediutely prior 10 thc acqui�itian.
<br /> ,_;. 6. OccupAncy, Pnxervation, MAintertance and Protection ot Ihe Property; Borrower's Loan Applicallon=
<br /> I.essehnlds. Burruwer rhall accupy.extublixh,and use�he Property us Bc�rmwer w principul re+i�ience within sixty dnyc After
<br /> �i � Iha executian of this Security Instrument and shall c�xuinua w uccupy the I'roperty u�Bormwer's prirteipal msidence for at
<br /> ��$r leay ona yeu ARer the dnto of occupancy, unles� Lender oUienvise ugn:es in wri�ing, which consent shall not be
<br /> � •�. unmusonably wi�hheid,or unless eatenuu�ing circum,tancc:x exitit which pre i+eyonJ Bnrmwer's control. Bomawer shull not
<br /> �.�lN�t.t.� ,,y�., destroy,damu�e or impair the Propeny,ullaw�hc Propeny to deierioratc,ar commit wu�te on the Property. Bocmwer shall
<br /> „ r=.':ti .`• " be in default ff uny forf'ei�ure uction or pmceeding,whelher civil or criminul,is begun Ihat in Lender�s good fAith judgment
<br /> ;,t ��,,;;�' �„�; could result in forfeitum of the Propeny ar otherwi.r•e muteriully impair the lien cmnted by �his Securi�y lnstniment or
<br /> �"�r�!,:�•�7�c�.�,'•�,:� Lendere security inlerest. Bumower muy curu xuch u defuul�and reinr�u�e,uti pravided in parugmph 18,by caucing Ihe uclion
<br /> •,a7 L � ���F� �;�-' nr pnxeeding to be dixmissed with a ruling that, in L.ender+Fooci foith determina�ion,precludes forfei�ure of�the�orrnwer;
<br /> . ►'���;�•���, ��°J,:�`'� interer;t in �he Pmperly or Mher ma�eriul impuirmem nf ihe lien crc�ted by thi+ Security Instrument or Lender's• security
<br /> s'•�•+•" ' interert. Bumnwer ,hull uko tie in defauh ii' Born�wer. Juring �he lo:m npplicu�ion proces,, gave mnterially falxe or
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<br /> •,•a t��_ !.' • inuccumte inf�rmution or xtuiementti ta Lender lor fuiled to provide Lender with uny muterinl infonnation)in connection with
<br /> ^ ""'%'"� � the lonn evidenced by the Notc, including, hut not limited to, �pre�ntatiuns conceming B��rrower's accupancy of�he
<br /> �~ , Propeny as a prinrip:J�+e•idenre. If thi+Security In,tmment i+on u lea.ehald.Borrower tihull comply with AO�he provisions
<br /> '"'�� . . , ^ .'" of the lea.tie. If BorroJver uryuiro�fee tille to the Ptoperty.thr IeA+etmld�nd the fee�itie.haif nrn mer�e unic�s Lc�nk�agr�s
<br /> i . • to the mer�er in wri�ing.
<br /> '�. 7. Protection ot Lender's Ri�hts in the Property. If Borrou�er fuils �o perf�mi the covenant� and ugreement+
<br /> , ' • � camuined in Ihi� Security Instrumrm, or therc i+ u Iegal pnxecJing �hn� muy signiGcanlly affect Lenderti rights in �he
<br /> ' , Prupeny(�uch a�u prac��eding in bunkruptcy,pr�ibate.far ronJcmnatinn or forlciturc ur to eMi�nc luws ur r��ulationx),Ihrn
<br /> ' Lrnder muy do and pay for whutevcr i+nerc.+nry w pmterl 1he v:dur of thr Pmpeny und Lrnder+riFh�� in�he Pmperly.
<br /> • Lender�nrtion.muy include puying any.um,tiecurcd by u lirn which hu+pri�►riry uwr thi.Security In.�rumcnt,uppe•r�ing �
<br /> -•• in couh.paying rca.onublr utlumcy+'fcc.and emering nn Ihc Pn��xny iu muAr repair.. Althoubh Lendrr muy tuke uction ��C
<br /> � ' under thfr:parugmph 7,LenJcr Jik�nut huvr ta du+i�. �'
<br /> '.'• ` Any amount.Ji�hur+rJ hy Lender unJer �hi. r;��.���=��i, ��hull txrunu aJJi�i�x�al d�ht ot�t3orr����rr ,crured hy �hi� '
<br /> � �•.. ; . , . ''� Srcuri�y In�mimcn�. Unlr.�Fiurnn��cr and l.rndrr ugrcr tu�,Ihrr Icrn�.ul'puymenl.lhcu u��xiunl.+hull Ixar inlrrc,t 1'mm thr
<br /> ��, � � dutr ofdi�hunement nt the Ncnr rulr unJ shull Ik puy:►hlr,with imerc�l.uFxm n�Nice fmm Lendcr to Bnrrower reyuextin�t �;�
<br /> . � .. puymeM.
<br /> � ' 8. Mori�a�e In�►urance. It'Lrndrr myuind mun�a�c in.urunrr u.:i condniun ol'muking Ux I�ian �crured by Ihi� �1,�;,
<br /> '; Sccurity In.lrument. Bom���rr,hull puy Ihr prcmiwm rcuuircd to muiniuin �h.• OIOAL''J_L'l`in.ur��ncr in rt'l�:cl. If. fnr un),
<br /> 1 ' , •, reuson.the monguge in.unincr ru�•crugc reyuircd hy Lrndrr lapu, ur cra.�, lu t►e in cl'lect. Barrowrr .hull pay �he �
<br /> , , ., i, � pmmium, reiµ�irtd Ni �ihluin cn��cragr .ub.iamiully eyuivalcnt �a Uir munga�:r in,urunrr pR��i��u.l�• in rfl'cct. •rt u ca,t ,.
<br /> ..•:::,. �uh��amisilly eyuivalrnt ui�h�ru.t lu Hurruwcr of Uic m��n�agc in.ur�ncr prc�•iuu.ly in etTcrt.trum un al�rmate mongvgr
<br /> '.,.;;'�>-.:.�•:,. .'! in�urcr uppmvrJ by l.cndrr. If.ruM.t:mtiullv rqui��alrnt mortg:��e �n,urtmrr c„�•rru�r i.nut a�•�ilaMr.Horruw•cr shull pay to
<br /> .�...:,-�: . Lrndcr rarh month u.um e��u;d�o onr-i��•rlfih uf thc}•c:irly mort�ag� m.ur+mrr premium tking paiJ by Burcuw�rr when thc ':
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<br /> . .�,, ��;`��. .. i nxuru�xe rnvrr;iFr lap.cd or rru,rd�u Ik in rffrrl. Lrndrr a ill:k.cp�.uu and rel:�in thr,r pa}mrnt.a.u lu.,rr,crvc in liru �;
<br /> af mangagc imuranrc. Lo.+rt.crvr paymrm. muy nu I�mgcr ik reyuimd. ai thr apliun al' Lendrr. il murlEagc in,uruncc
<br /> ���;) . .,. co�•cragr 1 in Ihc:�mi�unt smd f�or Ihr�ri�xl Uiu� Lrndcr rrquirc.l pruridcd h� an in.urrr appm�rd h� l.rndrr u�:�in Ikcom�.
<br /> , . �' �' .�cailatdc and i�abt•rincd.Horruurr�h:dl p:q Ihr prcmiwm rcquirrJ�n maim.nn martE:��r in.ur.uur m cl'lert.ar tu provide u ;,
<br /> � � +., :;,r•"•.:� lasx rc.erve.until thc nyuiremrnl 1'ur mungagr in.urunrr�nJ.iii:Krurdanrr��itli am ��rilirn u�:rremrnt F+e�Hern Born�acr
<br /> w ?."•��{,, w flfld Ll'fldl'1'OI'8rrllll'8I/Il`Ii1K". P�F•
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<br /> • 9, Incpeclion. Lrnder��r it.:igent ma� m:i{.c rea.unahlc rnu•ir,upun und in.�nctiun.ul��hr I'ruperl}•. Lendrr,hall ,!';,;
<br /> give Bnrru��cr nn�ir�:�t�he timr��f or pri��r N�an in.rx•r�iun,�xcilyin�rea.�muMr�au.�li�r�hr in,�xrlion. F"
<br /> f .' ' .• 10. Cundemnuliun. The prurreJ,oi'any:ia:�rd ar rl:um tiir d:imagr..dinri ar ron,eyuenti:d.in r��nncrtiun Nith rn}• c��
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