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<br /> pedods thAt Lender requirex. 71x ineurunce carrier pmviding tho ineuranco Fhnll ho ch�rRtn by Barrower rubJect to Lenderb
<br /> . appmval which shall not bc unreaconably wilhheld. If Bormwer Pwilx�o mwinlain cavcra a de,�rril�ed whovc,l.eider m�y.u
<br /> , l.auler�opion,abtpin covern�e to protect LeMerk ri4hls in tho Prn�erty in�ccendnnce w�th prra�nph 7.
<br /> All ineurw�cc policies aKl r�enewals shall be a�;coptablo tu Lendrr nnd ehull inalude u��w�dard mwlgego cluu�o. Lender
<br /> ahall hava�ho�iQht to hald thc pnNcier w�d�nowalx. If Lendar requires,parn�wor Ahell pnwnplly�Ive�o L.endnr all r�ecclptr
<br /> of paid premiums and renewwl notices. In the event of loxs,H�xrower nhull y{ive pmmp�nwica�o�ho inxu�nce caMer�nd
<br /> L.endee L.ander may mWco proof of loss if na mado nromptly by Burrower.
<br /> Unless I.ender wnd Borrower othenvise agree in wd�ing,insuroncc prcx:eede►.hull he a�►liad to reslorAlion or apwir of
<br /> �' the Pra�rty dum�ed. if il� rebwr�iwn or repuir is c�unamicully fc��ibl� anJ L.endc:ri+ µ:�urity ix nut Ic�rcneJ. U Q�e
<br /> rcstoratfon ar rcpair is na econanicwlly feu�ible or L.ender�secu�ity wauld ba lecr�ned, �ho inaurancc procecds ahall bo
<br /> applied ta the sums secured by this Secudty Instrumant,whether or nat �hen due, wi�h any exceax paid to Bamwer. If
<br /> Bcxrawer AbAndonx Ihe Prupeny,or dacg not unxwer within 3(1 doy�o natice fmm Lendor that Ihe insumnce caurier has
<br /> offered ta settle u claim.then Lender muy collecl the ioxurance proceedx. L.endar moy wse�ha pnnceeds la rcpair or rcstpre
<br /> the Propcny or to puy sums rerured by�his Securi�y Inxtrumenl.whether or not�hen due. Ttie:�Q�day period wlll begin whon.
<br /> Ihe notice ia given.
<br /> Uniess Lender and Borrower o�herwire agree in writing,uny uppllcu�iun of pn�ce�:da�o principul shall nat extend or
<br /> pos�pone the due dme of the manthly puymentti referred to in par.�gr.�pha I and 2 or chunge the umount of the paymentx. If
<br /> under pArugraph 21 Ihe Propeny is acquired by Lender, Bomnwerk �igh� to any inxurance polfaiQS and proceedv rceulting
<br /> ` from damage to the Prapehy pr�or ta the ucyuisition xhull pusg to Lender to thc cxtent af the xumR r;ecurcd by tMie Security
<br /> �!'�`° Instniment immediutely prior to the acquisition.
<br /> � ��"�'� '' v 6. Oceupancy, Preservpdon, Malntenance ond PrMectian o� tha PropeMy; Borrower's I.o�an Appllcatioo;
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<br /> � Y� l.easeholda Borrc►wer shull occupy,establish.And utie the Propeny us Buaower�prineipal residence within Rixty duyx eticr
<br /> ;'�' t.7,�,. •
<br /> _ �` ��.r',...;��.'.•• �he execution of this Security Inawment und shall continue to accupy Ihs Piupeny ux Borrower�s principul residence for at
<br /> • ``�;Y�R���• � '�.;%��', leus� one year after �he date of accupancy, unlrsx Lend�r otherwise ugrees in wdting, which consent shall nw be
<br /> v'`,v;;�;,;" :': • unreationably withheld.ar unle�extenuuting circumstances exir�which ar+e beyond Bomower�conlral. Bortower shall not
<br /> ;.,'�•' • w .. , �.;•.� dex�roy,damuge or impair the Pruprrty,ullow the Property to detericxat�,or commi�wus�c on�hc Propeny. Borrowcr shall
<br /> �,�;, :; be in defuult if any farfeiturc ac�ion or proceeding,whe�her civil or rriminol,is Ix:gun thul in Lender's good fuith judgment
<br /> .. `�'�i could �asuh in farfeiwre of the Propeny or otherwise mnterially impair the lian created by Ihis Secur�ty Inslroment ar
<br /> 'S'•• � Lenderk security interest. Borrower muy cure such u drfault und rcinstate,ax provideJ in purrgrrph 18,by rauxing the activn
<br /> ,r�; "."`�` ^� �^'�% or praceeding to bc diamis+ed with�nding thn�,in Lendcr's�xaod faith determinution,precludux Porfciture of the Borroweric
<br /> �E,"':'� ' „ �'�� interer:t in tha Pmpeny or other muteriul impnirmem of the lien crea�ed by �Bix Security Instrument or Lender's securtty
<br /> ^��'��� '`'�'�• interext. Burrower shull ultio he in defuul� if Borrower, during the lonn applicution praces., guve mutQriully falec ar
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<br /> `'' �� - > inuccurniQ informution ur stutnments�o Lender(or f�il�d to providr l.ender with uny ma�eriol infurma�ion)in connection wi�h•
<br /> "� � , ��r � the loan rvidanced by Iho Notc, including, but not limii�d to, represemutions ronceming Borrower�occup►uicy of the
<br /> .: � Pmperty ati a prim:ipal.renidence. If thi�Securiiy Intitrumant iw on a Ieuyehold,Burmwer shall comply wi�h all�he provisinnN
<br /> ; ,;.:- �-''����'�;T._� of the les�. !f Borroa�er arqufrY�fee tittc ta the Prce�c:rt,,the leu�hcld und the fee tidr,hu!!nc�mer�e unles.,Lender ag�
<br /> ' � •�7:"'� to the merger in writing.
<br /> �'' ' �; +�i'�:.: 7. Protectbn oP I.ender's Ri�hts in the Prope�ty. If &�rrowcr f'uilti ta perf'orm the rovenams and agrecmentx
<br /> � � �'�?�; contnined in �hin S�curiry Inn�rumem, or�herz is u lugul pnxeeding ihut m�y �ignificundy aR�KI Lenderk rights in the
<br /> . . Avpeny(such a.u procecding in bunhrup�cy,prob►tic,f��r cimdenm►uion or forteiturc or to enforce luwti or rcgululionnl,then
<br /> ' � . �i Lender may do und pny fur whutuver i, nrcc,sary lu protuct thc valuc af the Propt:ny und Lrnder;righls in the F'roperty.
<br /> � � ,1' L�nderK actionti muy includa pi�ying um+wmx serun�d hy u lian whi��h hu,pricxi�y ovrr thix Securily In.�niment.uppeurinR
<br /> •tir'.��'� ;� �° in coun,paying��uwnuMla atlumuyti'fers und enturinp on�he Pruprrty lo muke rc:pain. Al�huu�h Lender muy �ake ac�iun
<br /> ��' • under thix puragraph 7.L.endnr dix:s rn>t fii�vc tu d�►w.
<br /> �n Any amoumx dihNumed N�� L.endrr under Ihiti par•rgraph 7 �hnll Ixrrnnc aJJitiunul dcht ot'Born►wcr�ccurcd by thi� �'
<br /> ��' . ' Security Inxinimem. Unles.fi�ttrawer und Lrnder ugrec to uth�r tcrnu ul'pu}�mrnt,the.e umounk.hall hcur intrrrst Prom thc ' ,�
<br /> ti f� •. � , datc of dishursrmenl ut tha Nutu ratu nnd shall Ix pay.�Mc.wiih�imute+t, up�m notirr from Leixier to Borrower reyuea�ing ;;;�_`
<br /> _, � puymem.
<br /> i�;.:- , •• 8. Mortsage In�urAnue. U'l.xnder requircJ mungugc inr.urtmcc:��u ronJiliun of mnkin� the loan.erured by thi�
<br /> 7 � � Security In,tn�mcn�. Barcmver�hnll pay thc prcmium+ rcyuirrd tu nu�imain ihr m��n�ugr inwrancr in effect. If. 1'or un}• f,,,,,�
<br /> ' - reurnn. the mon�uge intiun�ncr covewg� requin�d b�� LenJer laptic, or cci�,c, tu Ix in eftecl. Borrawer tihall p•ry thr ..;:�.
<br /> premiums required tn ohlnin cuvcr.�ge tiuh�t:mtiully cquiv:drnt to thc m�mg+iNe imnrancr previcw.ly in ri'frrt.at a cost
<br /> ' , . ' xubxtuntiully cyuivulcm.in thc ci►.�tc�B�maw•cr�,t the mongagc in,uruncr prcviuu.ly in rfl'ec�.frcim an ultemate murt�a�c ��,'�
<br /> ..��, insun�r appmveJ by Lrmkr. If suh�.tnnti:dly ryuiridcnt mort�eugc insivancc ruvrra�c i.not avuilahle,BuRawrr.hull p:ry ta ��;���
<br /> ` �' ' ' ' � Lender euch�manlh u�um r u+d lu une•twelfth uf�he �url m��n � r in�uranrr rrmiwn Ikin �id h � Bortower when th�
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<br /> ���':'�,= insur,�nrc covrru�c Iap,.eJ iir rca�rJ w hc in cflcrl. LrnJrr��•ill�ircrpt.u+r anJ rrtai n thr+r pa}mcnt,.�.u lon+R,crvr in liru
<br /> ~;:: • of mongugc inwrunrc. Lo�x rc+rrvc puymrnt,muy no lungrr Ix nyuireJ.iu Ih<<�pliun of l.riHicr. it'uk►nga�tc in,ur•rncc ':lM1:
<br /> � ���,����'_`:t � coverage(in the amnunt und ti�r Ihr �xri�xl thui l.rndrr rryuire•1 providcd h�•un in.urer approvcd h�•Lcndcr a�tuin lxcomc� �•.�_,�:.
<br /> uvuilublc unJ ix obtuincJ.Burn�a•rr,hull poy thc prcmiunu rcyuirrJ to maimain mortg��ge imurancr in cticct.ur tu pruvidc u
<br /> 1� �`c,��� �,�`.' ,
<br /> . � A ,. ` loss re�ervr,until�hc rcyuircment ti�r mun�eu�er in�urancc cnd.in arconlancr w•iih um ��•rin�n agreemen�Ixtwern Born�wer
<br /> `` � and Lemlrr or upplicublc luw.
<br /> 9. Inspecdon. Lcndcr or it�aFrnt mu)'mt�kr rr.i+unahlr rrnri�.u�xin and in.�xrliun.ut Ihr Pru�xny. Lend�r�hull E
<br /> . give Bom�wer nolicc at the tinu uf nr priur m un inti�xrti�►n+�xrifyin�e rea.unablr rauu li�r Ux in.�xc�iun. ' ,
<br /> �.,, ,��� I0. Condemnotiun. Th�pr�,rrrd.01 anp:iN:ud�,r rl:um ti�r d:mia�!r..dircc��,r cumryurntial.in rnnncction with an} '
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