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<br /> per{oda�hat Lcnder rcquirca. The inwrance carrler pmvldtnQ tbe Insurance di�ll bc chosen by Barrowe��d`r16�lA�lerti
<br /> �vn!which�Fwll not be unrewonobly withheld. If Bor�ower fails to mpintain covera�e desc�i6ed above.l.ender m�y.M
<br /> L.enderk oplion,obldn caveaa�e lo protect Lcnder'�rightr in�I�e 1'ropcdy in Accard�nco wlth parApnpb 7.
<br /> AII III6YhflCC pOIICICS aJ1�I R1{QWNIS BIIAII bC ACCBpIYbIC l0 Llnder and sholl lu�clude w atandotd mart�age cipuse. Lender
<br /> Rhall havc!he�ight to hold the policics and rcnewala. If Lendcr rcquirc�,Bortower shsll pramptly give to Ixnder all roccipts
<br /> � af paid pncmium�and renewal noticea. In the evem of losg.Borrower Rholl givo prampt nalice to�he ineurAnce c�mer and
<br /> Lender. l.ender may malce proof of loxa if not mude pr+amptly by Barmwer.
<br /> Unlea�c I.ender�u►d Borrower otherwisc agree In writing.insurunce proceeJs xhull be applicd to restomtion or rcpair of
<br /> thc Property damaged, if the �+e�toration or repair is economically feasible rn�l l.cnder'� security is na lexsened. If the
<br /> rccroretion or rcpair is not esonomically fcu�sible a Lenderk r.cgunty would be lecsened, �hc insurwice pracceds afwll be
<br /> epplied to the xuma secured by�hi�Secu�ity Instroment, whe�her or nat then due,with any excess paid to Borrower. If
<br /> Borrower abandans the Propeny, or dces not onswe�within 30 dnyK u ne►tice from l.ender that the insurence carrier has
<br /> affered to retlle n claim,then Lender moy colkct tAe insurunce proceeds. Lender muy uxe the procads to repair or nestae
<br /> Ihe Propeny or to pay sums r�ecurcd by thie Security Instrument,whether or nat�hen due. The 30-day pe�iod wlll be�in wha�
<br /> Ihe ne�tice is given.
<br /> Unleas Lender and Horrower otherwise agree in writins.m�y applicntian of proceeda ta princlpal shnll not extend or
<br /> postpone the due dute of Ihe moMhly payments r+eferned to in psuugrsiphs 1 and 2 ar chunge the amount of the paymenls. lf
<br /> under parngrnph 21 tire PropeAy is acyuired by Lender,Borrower's right to wty insurtince policies end proceods�suiting
<br /> �,; from damage to the Property prior to�he ncquisitfon sfwll p:�s to Lender to the extent of the sums secu�ed by this Security
<br /> �•'. Instrument immediaiely prior to�he ucqwsi�ion.
<br /> 5-% 6. Occupancy, Preservption. Mai�tenAnce and Proteclbn of the Proptrty: 0orrower•s Loan Applicalioni
<br /> Y�,,;` � Leaseholda. Borrower shall occupy.eswblish,und use the Property u.s Bo�rower?c principal residence within sixty daya aftar
<br /> • :-.y.�a;;�;�, �hr execution of this Security Instrument und shull co�ninue to occupy�he Prnperty ati Borrower!s principal rccidence for At
<br /> t'' ~��-:`'• leust one year afler the dote of acupancy, unlesx Lender o�herwixe agrees in writing, which consent shall na be
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<br /> y ;�;yr.�i_' �,�F.�jl.�:'�� unreasanably wfthheld,or unle5sextenus►ting circumstances exist which sire beyand Bonower§cantrol. Borrower ahall not
<br /> S � •• ., ��- de4�my,dnmage or impair the Property,ullow Ihe Pmperty to deteriorute. ar commit woste on�he Property. Borrower shell
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<br /> f ��,,;�,,n„z�..�,,;^ be in default if any forfeiture uction or praceeding.whether civil or criminul,ia begun IhAt ln l.enderh good faith judgment
<br /> ,� :�;�,f... ; ,� ;;� cc�uld result in fort'eilure of the R-operty or atherwise muterially irnpuir�he lien creuled by this Securiry Instrument or
<br /> ;•r,�`+1,;: ,,; Lender R securiry interext. 8orrower muy cure such e defauU and rcins�ate,us provided in paragroph 18,by cnusing Ihe action
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<br /> ���E;•.:,:. or piuceeding�o be digmissed wiih a ruling chai, in Lender s gc�nd fuith determination,pmcludes fo�feiturc of the Borrower§
<br /> J �' interest in �he Prapeny or other mA�erial impairment of the lien cre�o�ed by this Securiry Instrument ar Lender'a security
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<br /> . interest. Borrow•er shnll nlxo 6e in default if Borrawer, during the loan npplicntion prace.r•s, gave materially felse or
<br /> :�'�. .�`� �s=..;:-• �� �`� innccurnte informa�ion or�tutement�to Lender(o�failed to prov iJe Lender wilh uny materiul infarrnation)in connection with
<br /> -;���� � ����•��.'. � � �he laan evidenced by Ihe Note, including, but not limited �o, represernu�ians ranceming Borrower's accupancy of�he
<br /> �, ,=.�'�V: .• �• • '' Property as u principal residence. If this Securiry Ine[rument is on u Ieusehold,8orrowec shnll comply with All the provisions
<br /> •'•,�•; �� •;ti: af the lease. If Norcower ucquires fec�itie to thc Froperty,the ieaachoid und the iee�itie xhuN nui i��rrgc wtkwr LCa�r ag�cr.r
<br /> `� '��;�::;.;�;;, , ��.:j. to the mergcr in writing.
<br /> � 'j''" ��'" 7. Protection oi l.ender's Ri hts in the Pr rt If&�rrowcr fuilz to rform �he rovenunts And u reements
<br /> ��• � ,,>>,,�. � •. !;:;� � � y I1e 8
<br /> � ,} �.;.',�;:., •• � �,;•;;� comalned in this Security Instrum�nt, or�here i.a legul pr�xeeding�hai muy siEn�ficuntly uitect l.enderw rights in the
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<br /> �,�,s , ,;I,;;y;;{,,:; .; ,, .i. Propeny(yurh ns u proceeding in hankrupicy,pr�baie,for ronckmnution or fi►rteiturr ar to enPorce lawti or regulationxl,then
<br /> i,, �:•�,;:':. .,, �.. , • Lendcr may do und pay f'or wh:Nrvrr ix nrrc.sury u�proteci �hc vuluc of Ihr Prnpeny and Lcnder's ri�eht� in 1he Property.
<br /> • ':';"°" Lender's�r�ions may include paying any wmti secured hy a licn which has priariry over thi.Srcurity Inxlniment,appearing
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<br /> �� •, in coun,paying re•r�onuble attomcy�frr�anJ cnt�ring on thc Pro�x:ny tu mukr repuirs.Allhaugh Lender may �uke action
<br /> under tbix parugraph 7,Lrndcr dae, �x�t htrve lo Ju uw.
<br /> �n Any umounl.Ji�hur+cd by Lcndcr undcr thi�purugruph 7�hall Ixcomr udditiimul dcht of Born.wcr ucureJ by thiti
<br /> "' Securily Imlrument. Unlr�s Bortuwcr u�xl L�nJer•rgn�to iitixr Icmi+ol'puymcnt.Ihr�c umuunls tihall bcur inlercst f'mm the
<br /> ���' , dule ol'Jishunemrm ul the NcNC ratr und xhull Ix puyi+Me, with intcrc�t. urxm notice fmm Lrndrr to B�xniwcr rcyuesting
<br /> �... puyment. .,;�.:
<br /> ' �'� 8. Mort�aae Imurunee. II' Lender rryuircJ mangagr inwrimcr a+a condi�iun ul'm•rkin�the loan ,ecured by thi, t'
<br /> I Securiry Inwrumrnt, 8urcow•rr shull puy �he premiuna rcyuired tn main�ain thr murl�a�r in.urunce in cl'fert. If, fiir any
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<br /> roa�on. thc mangugr insuruncc ri.vcrugr rcyuircd fiy Lrnd�r lap�c.ur cra.r. ro Ix in cl'fr�t. Borc��wcr .hull puy the f.
<br /> , prcmium� rcyuimJ Io�ihlain covcragc .ub,lantinlly c��uividrnl In Ihc mungagr inwr:mrc previously in cl'icrt, ut a ru�t �'('
<br /> �p . suh,luMially equivulrnt tu thr ca,t �o Born►wer��I��h�mnhg:�gc inxuruncr prrviausly in rffrcl. from un altcrnate mongage '��,7
<br /> in.urrr�ippnrvrd hy Lcndcr. It,ub,tanti:dly cyui�alrnt mungagc in�urancc c�wrr.igc i.n�n uvuilablt.Born�wer.hull pay t��
<br /> �, L.cnder r�►ch mimth a+um cyuul iu unc-tN�clflh ut'tM� yearly nr�n�ugc in.urunr�rrrmium Ixin�pa�iJ by Rorrawrr��•hen Ih�
<br /> � in.urunre coveraee Ic�p�ed or rra,rJ w Fx in r(I«t. l.rnJer�+ill sicrrpt,u.�:md rrluin Ih�,�p;��m�nl�u+u lo��nt�rrvr in lieu ���
<br /> ;• � of murlgugc in.utanrr. Li►., rc,rn�c p:rymrm. m•ry nu I�mg�r Ix rcquired.al �hr optiun��I'Lendcr.if monga�c imurunrr ,
<br /> rnvcragc(in Ihc amaunl:inJ liirtlk�riixl�hal L�n�i�r reyuin�l pn���idrd hy un in,urer appmced hy LrnJrr a�tain txromes ��:.
<br /> ,., . '��'`' � uvuilubl�unJ is ohtaineJ.Bi,rruµrr �hal I pay Ihr pnmium�rcyuircJ tu m:�intain mun�:�ge imur,mr.in effert.ar l��pruvidr a '�
<br /> ' s. �"' � los�re,crvc.until thr rryuircmcnt tix mon�age inwranre rnJ.in urrorJe+nrr��•ith any wriu�n:�grecnxnt iktµeen Burco�aer ;:
<br /> ?` ��;� � and Lcndrr or appliraMr lua�. ; -
<br /> ;f%' 9. Intipection. LenJer ur it�agrm ma�m.dr r►a.�mi�Mr rntrir,u��rn and in.�xrti�,n,uf thc Pm�xny. l.cnJrr�hall
<br /> "� ,, � ive Borr�i�v�r n��tirr ut thr Iinx ot�or rior lo an in, �tiun. �if�•in�rcawnahl�rau,.fur�h�iro ui��n. �
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<br /> i 1 . % j ._ • 10. Condemnutiun. Thr priKC�J,i,(am a��arJ ur clairn li�r Jam:��.e..dirrrt ar.v,n.�i�u�nu:d.in cunnertiun w•ith rn�
<br /> �•,rY, • tiinEletamil�••Fqunfc�We�Frcddte�lwl"\IFIIR\11\N'1'Rl\fE\'1'-�l•oU�Kml'rnrn.�ui. Y•411 ���,�p,•�.,/n�►��,•�� R�; �
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