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<br /> � perk�da thot L.ender roqui�c. 7bc in�urwncc earricr pnavidln�the Insurwue shall bc chuscn by flam�wcr�ubJect to I.eixlerk
<br /> approval which rhall not be unrca�onably withticld. If Hamwcr iails�o mulntnin cuvrru�e d��cril+ed aM►ve,Lender may,at
<br /> LenderSs option.abtain coveragc to praect Lendcr?v dghu in Iha Pmperty in wccordrna wkh pa��rAph�.
<br /> All insuruke pollcies and rcrtowala shall be sccepable to lxnder�1 ahaU includc A Rtunclanf mart���e rlouae. 4ender
<br /> shall huve tht right to hold Ihe pnlicies w�d renewals, lf Len�ler requirea.Bnrn►wer alwll pn►m�ly givc lu l.ender all te�cipis
<br /> of paid ptemiums and nenewel noticea. fn the evem of wag,Borrower hhall Qive pwmpt nu�ice to�ho incurwKe cwrier w�d
<br /> L.erider. I.ender may make proof of los�s if not modc pramplly by Borrower.
<br /> Unless Lender a��d Borrower otherwise agree i�wdling,lnxumnce praceda,hull be opplied to rcslorudon nr mpuir uP
<br /> the Propeny dammaged. if the reslorution or repair Is cranumicully fe�.cibie ond l.enderk �ccudty is na Irssened. Ii�ho
<br /> restoration or repeir is nat econamicelly feavible or l.erxlerk securUy would be les�ened. the insurwue pmeeedx shall be
<br /> applied to the sums secured by this Securily Instnimenl,whether ar nc�t Ihen due, wi�h uny eacess puld to Bunowet. If
<br /> Borrower abandons the Propeny.or does not onswer within 30 dayx u nodce from L.ender thot 1he insumnce cwfier hux
<br /> offered to settk u claim,then Lcnder may collect the insu�unce proccedg. Lender muy u�e�he praceeds t�repoir or renton:
<br /> the Propeny or to pay aums isecured by ihis Secu�ity instrument,whether o�not then due. The a(6day perial w111 begin when
<br /> the natice i�given.
<br /> Unles.g Lender and BoROwer athervvise agree in writing,uny upplicntion of proceeds to principAl xhall nat eatend or
<br /> pastpane�he due dAte of�he mon�hly p�ymenta mfemed Io in p�u�ogrnphs I and 2 or chunge the s�mounl of the payment�. If
<br /> under pArngruph 21 Ihe Propeny is ucquirrd by Lender,Bonnwer's righ� to uny insurnnce�licies und pmceeds rcsul�ing
<br /> frnm dumage ta Ihe Properiy prior to the ucyuisitian xhall paxg to Lender to�he extem af the sums�ecutrd by this Security
<br /> Inshument immedlAtcly prlor to the ucquisiiian.
<br /> +`u� 6. Occnpancy. Preservation. Maialenance and Protectbn of the Property; Borrower's I.oAn Applicatbn=
<br /> � LeASe6olds. BoROwer ahull occupy,ewoblish,und use Ihe Propeny u4 Borrowers principnl residence withln siaty days after
<br /> thc execution of thix Secudry Instrument nnd shell rontinue to accupy the Pmpeny ec Rnrmwer�ptincipal nesidence for at
<br /> l "�� lea.�t one yetu ufter the date of accupsmcy, unle�� I.cnder otherwise agrees in wri�ing, which consent shall not be
<br /> "t ,.+ unreasonably withheld,o�unless ea�enuuting circuma�uncec exist which sue beyond Borrower'.s canlml. Bomower shall not
<br /> '•���,• ' deslroy,dnms�ge or impair the Propehy,ullow Ihe Pmpeny ta deteriornte,ar rnmmit wpste on the Property. Borrower shall
<br /> �' '.'�;���'���� be in default if nny farfeilure action or proceeding,whelher civil or rriminul,is begun Ihut in l.enderS good faith judgment
<br /> ' could result in forfeiture of the Propeny or otherwise mu�erfully impair the lien creuted by this Security Instrumenl or
<br /> ,��t��;���''.<p�"�. Ixnder's security interest. Borrower muy�ure+uch u default anJ mmstute,ux provided in parugraph I8,by cuusing the actian
<br /> �'S�'� ���=a ''•, o�proceeding to be dismi�sed with a nding�hat,in Lender ti gaod fuith determinWion,precludec forf'eilure of the Borrower R
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<br /> ' �.ti :�.� .�s � ' intemat in�he Property or other muteriol impairment of the lien cnu�ed by thiti Security Ins�n�mem or Leaderi� security
<br /> ,� ” ' ' �� imerest. Botrower shall ulso be in defvul� if Borm�ver, during the lonn upplicnlinn pracess, guve materiully false or
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<br /> ,r•�'' �,`" �•�n;` inaccurate infoonntion ar statements�o Lender lor fuiled��provide l.ende�wi�h any mnteriul informatian)in ca�nection with
<br /> �► . ` � � the loan evidenced by the Nae. including, 6ut not limited to, representutions concerning Borrower� cecupnncy of the
<br /> - ,�";�,��r:�,.•:`�t Propeny as a principul re�idence. If thi,Security Imtrument is on u leosehnld,Borrc►wer shull camply wi�h all the provisions
<br /> — of the iea�e. it Bortower ucquims iee iilie io iiir Pro�riy.tirc fea,thoid and the fee i itle sha8 nc►t mcr�c unlcss l.tnQer agsrex
<br /> � ;���, ta the merger in writing.
<br /> ' �,t! 7. Protection oP l.ender's Rigbls in the Prnperty. If Barrowcr fuil, to perf�rm the covenuntn and Agreememx
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<br /> � .;;;;i�°; contuined in �his 5eruriry Inr:trument,or therc i� a Ieg•rl pntieeding thut muy +ignific•rn�ly affect Lender� rightr: in the
<br /> • � i��; Propeny Ihuch us u pnxecding in bankruptcy,pn�batr,fcx c�mdemnution ur 1'orFriiure or to enforce IAws or reEulations),then
<br /> ,.,�:� Lender rnuy do und puy fnr whatever i+necc.�ary ta pro�rct the valuc of the Prupe:n� and Lender:righ�r.in the Pmpeny.
<br /> • Lender's uctions muy include pnying uny�umr.xecured hy a lirn�vhich hn.priariiy over ihis Securi�y Imtrument,uppeuring
<br /> . ,.';�;' in courl,paying rca,onuMe uuamey.'fe..und entrring�M Ihr Propcny to mukc mpuirs.AUhough l.ender may tnke action
<br /> under�his parugrAph 7.Lender doe+not huve to do�o.
<br /> �• , • Any umnunls di�burticd by Lendcr unJrr thiti puragr.�ph 7 tihall Ixromr udditiimal deM of Borrow•er+erurcd by Ihir:
<br /> ��� • � Securiry Inrtnimcnt. Unlc.x B�xrowcr unJ Lcndcr si�rec lo��hrr umi.ol'puymrnt,�hck amountx�hull Nc•rr intemst fmm thc
<br /> :y � dute of di.t+un�emcnt ut the Nate rale anJ �hull Ik puyuMe.wilh intenM,u�xm no�ice fmm Lender ai Bnrrower reyue+ting �};:
<br /> ., puyment. '��
<br /> 8. MortRpge Insuranre. 11'Lendr�rcyuirrd murlgaEr inwrrnrr a.u runditian of muking 1he loun srcured hy thix
<br /> r� ' .. Scrurity Inxtrumen6 Borrow•cr�hall p:ry �hc prcmium.rc��ui�rd to mainluin th� mung,�gc inwrcmrc in �ffcrl. If, ti�r unY ,�,�
<br /> I. • ' reuson. the monguge imu�unre ruvcru�c rcquirrd h}• Leneirr lap.c, ur rcu,r, li�tk in rl'trrl. Born�w•er .hull pay thc ,�,...
<br /> prcmium. rryuircd to oblaiin cu�•rra�c.ub�lantiaUr «�ui�•alrn� �o tlic mun�:�gc ni.urcinrr prc��iuu,ly in cffccl, at a cu.t ,'.�,;,
<br /> , ,,�,.�,� subtilantiall�� cyuivalrm tu Ihc cu+l w Rorrawcr ul'ihr muri�agr in.�uun«p�r�i�iu.l} in�t�i�it.t�ruiu:m.►1i�m:ttc mcirtEugc �. ,
<br /> � insumr approvrd by Lrndrr. li.uh,�umially cyuivalent m��n�u�r in.uranrr r��vrra�r i.nut a�uiluMr.Bom�Nrr.hull pay lu •�
<br /> ��� . '' Lcndcr cuch month u�um cyu�l lu�mr-iwrlflh��f th�ycarl� mung,��r m.urimr�prcmium hrin��,aid hy Nnm�wrr��hrn thr 'I:
<br /> � � _ '``.. insuranr�c��vrragr lap.cd ur rra�cJ to Ix in rliir�. Lrn�kr u ill uc.c�t.u..and relain tlir.c paymrni.a.a I��„rr,rrvr in liru i
<br /> ..-- �'.',1:i� ot'mortgugr intiurunrr. Lu�s rc�crvr pa�•menh m:��� nn IunErr Ix rryuircd.ut thr.�plinn.►f Lrndrr.il mortguLr in.urancr �
<br /> h ... ciwcr;��c lin thc amaunl nnd li�r�hr�xri�xl Ihul l.enJrr rcquirr.l pru�•iJrJ h� an iinurcr appruerd hy Lrndrr a�uin tk��mic. �I�
<br /> ': - availublr und i�uMaincd.Rurru��cr�holl p:q thr prrmium. Ryuircd t��mainl;iin mung:�gr imiusmcr in rltcrl.ur lo providr u '�,.:..
<br /> �.f,.- i • lo��rr+ene. umil thr r�yuiremcnt tiir mon�agr in,uraixe rnd.in arcurdunrr��iih um•��riurn a�rc�nun�Fxlwren Borrower '�.::�t
<br /> �,� • " .'•� � und LrnderorupplicaMr la��•. ,'� ,
<br /> ' 9. Impertiun. l.rndcr ur il.agcnt ma�•mal.r rca�un:iM�cntnr.upun anJ in.�k�ti�.n.„f the PruExn�•. Lrndrr.hull
<br /> j�. � � . . givc Borru����r nrnicc ai thr�imr ut'i�r priur tu:m in,�xrli�xi •,�xrifyin�:mu.unahlr r:iu•c t'��r�hr in,tx�rtion. 'I ';
<br /> r � �0. Condemnation. �IC rfttC�Ct�+��1�tlll)':It�:lrt�t�f C�:�Itll I�of t�:mm�:r..direct ur c�,n.rqucnti;d.in runnrrt�un��ith uny
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