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<br /> � ,F �u�t.�aQ�. ��c���►;�ns���n�a,�►�y a�e����.,�a��
<br /> � app�ovaD whtch ahalQ aot E�ie uar�asa�6ly wishheTd. If 6artow�er fails ta noaicNs,in oovecage da�xiDed�b4Ye,lrmder m�y,�t ��
<br /> i.ender's oQtian.d�ann�ait�'+SG to protect L�rtder's rigAts in the�ropeRY 6�accoidaooa aith�7. • ,
<br /> All izswrsnce Pol�c�and rmewats sya116e aocepabk tv l.ender arid sh�lt inctude a s�taadard m�tgage tiaase. Lcader'
<br /> shaD tq►ve the right W I�d�the Policies and renevrals. !f 1.ender ttquites.Bar�wu shalt P�P�Y 8►vo N[.eeder ali t�ecciptc
<br /> of paid pctmiwns�c�w�l notists. tp thc eveat of Mss.BoRUwer sball give prompt notice ta the ia�ance ca�rier and.
<br /> i.etyder.L+erder tn�y asak�.p�'nof of tass if na made�ompdY BY Bortower. -
<br /> Un{ess Latder Y1ad�ormw�a�agtee in writing.insttranCe proCeed�shaif ae appl�icd 40�stor�t'i�os��
<br /> tbe p�+Qernt damaged. d�Be testqatioo o(rtpair is.ernnomic�lIy fc�sible and�lxnder's sec.�urity is not�IesseaecL �f the
<br /> [lStOt71H111 01'IC�'1's IW;lCa1f01I11C�Tlt�C�7�G OC�.t21�EfS SGCIlifI�C WOtt�bE�.tTIG�nc�r��^c�pI00Cl�S�1 bC
<br /> applied to the su�s sacurpd bY this Sxuriry Iastnunenb wh�l�er or nnt thsn due with any eacess paid to Bonnwer. If :
<br /> Bonaw�r a6andoas thc I�apaty.or das nat�swer within 3U days a notice from I..ender tbat the insuiance carrier,has
<br /> offered ds settle s claia�.tLen Iander may colkct the inswadce proaeds: Ltnderau�y use the procoods m ze�air or iestorc .
<br />— the Ptoptrty ar w pag suni�sxuied isy this Secarity inmumen�wtietDer or na�the�due. The 3Qday perio¢wU bngin whea � ,
<br /> tl�eaoticeisgi�sa�- ,:
<br />-- Un.�ss Lendrs a�sd�rower otf�crwise a�e ia writing.�ny application of proceeds ta.Principat sir�ll not extend a
<br />—= poatpotie the due dale at f6e montlilY P�Y�nu referteil to m parag�pl�s l and 2 or chaage tfi�amount of the pryments. If
<br />�__ under puagnph 21 �1�iQpctty is acq�rd by Lender.Bartuaer's n�,ht to any+r���ce ppifcies�and plocaeds irsuiting
<br /> - fmsn dunage to the P�ap�ity.p�r w tf��cquuition sh�ti�ass to Lender[o t6e extent of dt��ps�d•�Y this Securiry
<br /> *-:'� Insuument immedr�tely primr to the acquisition. �'`:'•�:::•.. • �
<br />-�:�. 6, pccup�ncy, Pt+t�ervattoo, Maiotea�uoe and Pnatectioo ot the Praperty; ��'s l.wi� AppticAttbRF:
<br /> �-, — I�Wd+� Bonuwer sii�lt occupY-esta6lish,and use the Propetig�,s.Borro;wa's princi��+es€�ence withiri siaty days'td(�r. .
<br />.__��; t6c exec�rtian of this S�uritY Instrument and shatl�coutinae tv vp.7q�y!the�'nope(ty as Borrower's princi(�t�i�esidence fos at
<br /> _ " leau aie year afser tfie;.dace of occapancy. nnter,x;��udei'n .t ��ise.�.�'��writing; vrhich ,ropseti�si�all not 6e
<br /> ;.��- unrtasonably withheid..arunless extenuati�g ci�Paii.�'w�ii�ti az�6�(b�ic!Borrawers canuot.:Q�rii�wec shall not
<br /> _ deslroY.damage ar inspaai tbe Property.a11ow the Prape�Y to ijefci?i�ate.or oammit waste at►die Ropen3'•` Borrawer shall .
<br /> � be in ckfault if any forfsittme actian or ptoceeding.wheti�er civ7:�criminai,is began tha�ut:;Lender�s good faith judginem �
<br /> couid msuG in forfeitsue �f the Ptopercy or othervvise materialiy impair the:l�en createdihi►�this Security Inswment or
<br /> I.ender§sscuritg intetest; Botrowec may cuie such a default aad re�e,as piny�ed in p'drsS*aQh 18,6y caLSing the actiun .
<br /> or procceding to be dis�srissed wi�h a ruling that.in Lender's good faith detertijuiiition,pmcludes forfeitute af the Borrower's �
<br /> - inta�est in tfie Property t>r other mateda! impairment of the lien created by th`ss Securiry insmnnent or Lender's security
<br /> intetest. Borrower shall aiso be in default 'if Borrawer. during the loan applicaaan pracess, gai�e materialty false or
<br /> inaccurate infottnation ar statemen�s to Lcnder(or faited to pmvide Lender with any material informatioN in connectior�,witfit
<br /> "'-, th$toan cvidenced by:the Nate, inclading. 6ut not limitecl to, ciepre.sentudon,c conceming Borrower's accupancy:6C tiie
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<br /> Property as a principal.�.sidence. If this Securit}r U��tiument is on a teasehold.Bomower shall compty wjth:all��vi�ms
<br /> � ' of the lease. It Ba�rowerc+cquires fee titte to theEtrr{,�rty.t8e ieasehold and the fee tide shali not merge aiit�rr�dec�s
<br /> : ;,;:>•.,:�:, tathemergninwritii�:. � . , , . •
<br />. •� . ,,,.,= 7, protectios r�€Lcnder's R7�ts in the Pro lf Borrower f�IJ�:�iJ- rfor�n.tb�covenanu and agreemeqts
<br /> . P�Y• �:.Pe
<br /> ''�^� ', '�.' �< mntained ia this Setwity lnsnum�t;::�r there is a lega! proceeding that aist;�:s��ifcatitiy�,:�Ffect Lenders rights in the _
<br /> _ pmperty(such as a p�ing in Es-�.-vptcy.probate,for condemnation or fad#'�ut:�,or fo rtctt,.�e laws or cegutauons),then —
<br /> •�� � I.ender may do and pey tar whatever is necessarg to protect the value of the��ffi;Gerty and y.ender's righu in the Property. o
<br /> Lender's actions may include paying any sums secvred[sy a lien which i�as�r3r:cn.;:over this Securicy Instrument,appearing
<br /> � r in covA.paying reasontible attomeys'fees and entering on the Property to crrir�iepairs•Although Lender may take actior� =
<br />'' - � und�r this patagraph 7.Lender dces not have to do so. _
<br />;t;` x Any amaunts d3shursed by Lendcr under this paragraph 7 shall hecame additional debt of Borrower secured by this u
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<br />.�'j,!�• � 's • � Security Inst�ument. Untess Barrower and Ixnder agnee ta other tenns of payment.these amounts sha11 bear interest from the __
<br /> '�s � • ' date of disbur�emem at the Note rate and shall be�ayable,with interest,u�arin,notice from Lender to Barrowe�requesting _
<br /> } ' pa}met►t• ,. ; ...::�__ �
<br /> ;��, �" � 8. Mortgage lnsvtance. If Lendes req�unal r�ortgage insurartce a;;s:w����tion of making the loan secured by this �
<br /> ' ;� ' S4curity Instrumen�Borrower shall:�,iiY z!te.F�`%.;"�s cequin�.ti r�ma;c�ite�.t,°snortgage insurance in effecti. If,foc�y, -
<br />: �;+�,:� , � reason, the mattgage insurance c�s•ia°u': rc�;.i.,r�,by Ler,Bc�'I,;�E��r�.w:es to be in effec� Borrower �hall pay�(he _.
<br /> premiums required la abtain cos�s,s;�:su6s�iuJI; eyulvalzr,t»;zi:�cnU�:�.;e insurance previousty in effect.at a cost _
<br /> substantially equivalE�sf try the cdtit ed�orrower�;a�ii;+a mongaae:ttsur'r,�r+�:+saously in effect,from:m altemate mongage =
<br /> insurer approved by I:�:�aer. If subctantially ep ii�•�;:nt mortgage ir��urans��n,�:tage is not availabte.Borrawer shall pay to —
<br /> '";• I,ender qch manth a�um equal to one-twelfth a°a�e yearly rtwrtgage ips•±rt�ce premium heing paid by Borrower when the
<br /> insumnce wverage laµced ar ccused td be i�effect. Lender will ai:.ept.usc and retain these payment�as a los�reserve in licu =
<br /> of mortgage insurancc. l.os!+reserve paymenty:r,ay aa longerlie reyuired.at the option of Lender,ii mongage insurance
<br /> coverage(in the amount and far the penod that�e�us�:r reyu�re�l provided.b��.an insurer approvcd by l.ender pgain becomes ��•
<br /> ; �} � availt+ble and is obtairsld.Bonowcr shal)pay�he�nanftiims ceyuired ta rt�aini:i.iir�nortgage imuraace in effi�.or to provide a [
<br /> �� la+s re�erve.until tht ru�uiremem for mortgagc ii��u��'cc ends in accordaux••:��ir,h any written agreement I�~xeen Bonower [
<br /> �;;;�;r.� . And Lenderor applicsa'hle law. �. � E
<br /> �� : 9 Inspectiom l.ender or�r,e ar,ent may makc rcationabt�uiuie4 u�ra:.and incpections uf the Property. Lender shall �
<br /> ,• r,.:� i� J P� P� Y !� ,7: �
<br /> . . ,�' i',.,;' g •e Horrawer natico�t the titne of ac rior to an in ry�ction, if i❑ rq�t:f�cble cau�e for the ins ction.
<br /> �. . .: 10. Condemn�lioe. The proceed`uf any a.�...d or rlaim Car danlage�._�ii�ect or con�equential,in cannection with any �
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