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<br /> � I�E RECORDED 93" 1�� '9�»�,Q�9
<br /> � period�thu Lender�oqube� 7Ue lnwrarce carkr provWin�tho inwr+�nao iM1►!I bo chacn by 8im»w�t'wbJxt w Londerti
<br /> �pprov�l which�hall cwt be urmea�anably withAeld. It Barower t�ih to m�intain cave��o Aatcdbed�bave�LadK miy.u
<br /> t.aiderti apbn�obuin coven�e to p�atecK[.rnde���i�hu in�6a Rapat tn�aoord�nQe with.pFra�raph,7.
<br /> All Nauranc�policin aM�eaewat��lull be aoc�ble ta[.ender yand rh�ll taolucb�Atnnd�nd mmsg�e olauie. I..a�der
<br /> ' shdl havc tho ri�ht to hold the policie�and�snewab. �f Lst�der mqui�e�.Ro�rowor�h�ll ptamptig Qivo to Lcndcr�11 necelpts
<br /> aP paid premiumc and renewd notices, In tbe avent of los.&nrowa ahpll�ive piqmpt natiao w tha int�utNnce carrier md
<br /> L.ender. Lender may make proof oP loa it rat m�do prompllY by Bonowar.
<br /> Unlexv l.ender wnd Bomnwer otherwice agnx in wrilinQ.inwranco proceoda Rhdl be appliad ta rastaration ot rep�ir of
<br /> tNo propeRy dama�ed. ii�ha ceato�ation or tepair is xonamicdly fe�sibla and Lenderx cecurity ta nai lewencd. lf�ix;
<br /> nxtaation or repRir i� not ecaiomically feasible ar L.endar�s security would be lec�entd�the in�utanoe Prooeodc �ull be
<br /> •pplied to the�uma�ecurcd by thi� SecuRty Inauumenb whathar or eat then due. wi�h my oxcess pafd a Harower. If
<br /> Barnower abandona 1he Pmperty.or doea not on�wer wllhin 30 dayr a natiee from l.enda�that tha lnwr�nce cacrkr has
<br /> uf�'ercd to sente a cl�im.then Lender ma�colixt the inwranoe proceoda. Lendm mwy uso tha praaaedA tt�rcpair ar reatore
<br /> Un p�operty or to piy suma sacured by tFu�Socurity In�pumant�whetharor not thon due. 71iu 30-dpy pariQd�will beQin whm
<br /> the notice is given.
<br /> Unless Lender and Barower alxrwlse agree in wrt�ing,any application of pmcoeds to prinaipwl sh�lb nat extand or
<br /> postpone 1he due date of�he monthly paymentc refamsd to in paruugraphc 1 and 2 or change tha Amaunt�af,lhe paymonts. If
<br /> under pangraph 21 �he PropeAy is acquined by Lender. &►mnwerS�right to any tncumnae paliaias and,proceeda resuiting
<br /> fmm damage to�he Property priet to the acquicitfan shwll pass to L.encier to the extant of�tha sumo�eau�d�by thie Security
<br /> In4wment immaiiately prlor to the acquisition.
<br /> 6. Oecup�ac9, Preservadoo. Mointewnce aad ProtectiaA ot tib Praperty; Barrawar*a Lou Applkattoo;
<br /> �., i,e�sebold�. Barower shall occupy.establiah.and usc tho Property u Bortowarb prinaipwl icsidenae within sixcy days a�fter
<br /> ��`� the esecudon of this Secudty Instrument and sh�ll continue m aocupy ttw Prope�ty as Smm�war�principal�esidence far at
<br /> Icast one year aR� the date of occupsncy, unlass Lendor otha�wisa agrees in writing, whlaM consent s�hall not be
<br /> unreasonably wittnl�eld.or unless extenuaNng cimumctancxs exist whlah ans beyond Bomuwer's conmol. liort�awer shall not
<br /> destroy,dam�ge or imp�fr thc Property.allow the Propeny to detariamte,or cammit wnste on the Property. Bwrower stwll
<br /> be In det'ault lf Any forfeitune action or proceeAing,whather civil or criminsl,is begun.that in Lender a good fs�ith judgment
<br /> could resuU in forfeiturc of the Property or othorwiiae matsrially impwir tha lien cra�tpd by this Security Instrurne�A or
<br /> Lender�secwity interes� Bamower may cure such a dafuull and reinctate,As providad in.pamgroph 18,by causing the action
<br /> or prac�ding to be dismissed with a mling th�,in Lendarg good fuilh datenninatinn,.pnscludes forfaitu�s of the 8orroweri�
<br /> � .� interest in�he PropMy or dher material impsitmant�oP Iho lien cmated by thi�Secuaty Insaument or l.ender's secudty
<br /> - �.� � ° interest. Borrower shell also be in default if Bortowar, durin� tha tnen applinalion process, guve materisilly faUse or
<br /> �;�` '' inuccurate informntion or swtements to L.ender(or fail�d to provlda Lender with;wny materjnl information)in connection with
<br /> � the lonn evidenced by the Ncue, iacluding, but•nat limilnd to, rs�maeentnlionF canaming Borrower�s occupancy of the
<br /> ;''"'';",%.. ?: Pro rt as a rinci
<br /> �� P� Y P P��idence. If this Security Inspumont is aa a IeASehnld,.�arrower sheli comply wlth all the provisiona
<br /> ..,,. •:;,,•.• .., of ti�iC,L,r. If So.�owr�r acquires f�titie ta th�f►raperty.iltio kr�setuik!aad thc t'a iitle Nh�!!not merge wsless l.ta�er s�+xs
<br /> � :�„Y-. ; ."j;���',!•, to the merger in writin�.
<br /> �,•. - � . . .'.�;i54iyt���; ?. Protection of I.ender's Itights in We Prupenc� If�Bomnwer fails to pedorm U�c covenants and ageements
<br /> •�J;r��;��t�%a:r contained in this Security Insaument,or �he�e i�u legul prov.�eding �hat may significandy uffect Lender�a rights in the
<br /> ;...;,.,� .
<br /> •�,:,�titii;;� Prapeity(such as a proceeding in bannkniptcy,pmbate,fo�eondemnation or forfeiwre or to enforce laws or rcgulAtions),then
<br /> , ; Lender mAy do And pny for whatever is necessary to protect the value of Ihe Property and L.ender s dgMts fn the Prope�ty.
<br /> �f � ' Lender's oc�ions m�y include puying siny sums secured by a lien which has priority over this Security Instrument,appearing
<br /> ` in court.paying reusonable attomeys'fees nnd entering on thc Prc�perty to mnke repuirs.Although Lender may take actian
<br /> .. ' :, under�his paragraph 7.Lender does not have to do so.
<br /> " Any amounts di�buned by Lender under this pamg�aph 7 shnll becnmc udditionol debt of Borrower secured by this
<br /> Y,��r, .�.... ;;,�...
<br /> �. � , Seti:urily Instrument. Unless Borrower und Lender agree to other terms of pnyment,thase nmounts shAll benr inl8r+est from the
<br /> _ ' � date of disbun�ement ut the Note rnte snd shall be payable, with inta�st, upon notice 5om Lender to Bornower requasting
<br /> � �" . - � puyment.
<br /> '' 8. Mortgag�e lasursmce. If Lender requimd mortgnge insurance as u condition of msdcing the loan secumd by this
<br /> ��:. . Security Instrument,8onower shull pay the premiums reyu�md to maintain�he moAgwge insurunce in effect. IF, for any
<br /> ;'�� � reawn, the mortguRe insurance covemgc required by Lxnde� lapses or ceases to be in efPect, Borrower shAll pay the
<br /> ;:l; _ premium� rre�uired lo obtain coverage substantially equivalent to the mortgage inr:urunee pmviously in effect, at p cost
<br /> :�, � � �ubstuntinll y e quivulent to the cott to 13ormwer of the mortgage insumnce pn:viously in effect,from an altemAte monRage
<br /> insurer upproved by Lender. If substantinlly equivulent mixtguge inwrunce coveruge ix no�nvuilable.Barrower shall pay to
<br /> ; Lender each month a sum eyunl to one-IwelRh of the yeurly mongage in,urunce premium being pnid by Bormwer when the
<br /> ;�s..•� insunmce coveroge lapsed or crased ro I►e in effecl. Lender will ucrept,uk:md re�a�n these puyment�as a loss reserve in lieu
<br /> ' ���'' of mortgage insurance. Lotis reserve payments muy no longer t+e required,ut the option of Lender, if mongnge in�urunce
<br /> ' ' " � .� -• roveraFe(in the Amount and fa�the periad thnl Lender reyuirexl provided by un insurcr upproved by Lender ogain 6ecomes
<br /> � ''`" ' '' uvnilable and i.nbtninrd.Bumowcr shull pay�he prrmiums reyuireJ�o muintuin rtx►nFvge in�urnnre in effec4 or to provide u
<br /> ��� "� .�;��. .�,.
<br /> . .,,.,, „ loss rexerve,until the reyuirement for mortg�ge insuruncr enJ�in urcordoncr with uny written ugreement between Borrower
<br /> •"1� a•c: and Lender or applicuble luw.
<br /> ��, ���' • 9. Inspectiop. Lender or it,agent muy mAkc reu.umable rntrirs u�n:uid in+pec�ionti��f�he Propeny. Lender shall �
<br /> d F' ' � " give Borrower nntice ut the timr af ur prior to an insper�ion specifying n:ascxiaMr cauu for the in+pection. •
<br /> � �' � 10. Condemnotion. The procetds of arty aWurd or cloim for damage�,dirrct ur ronuyuential,in cannection with any s,•
<br /> ��; _ �• •-;z
<br /> � Smgk Frm�h••Fs�ak MaelFreddk M�c l'NIFI/RM I�tiTR!:�1F:hT•-l�nuomi Covcnana 4i90 qw.pr?n►a�p�sl t. �
<br /> .. �:rat Itln niu�Fmn..�x ■
<br /> 'i ; r��w.��c iaoosvua�o v�s,��s�•ns� �
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