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<br /> ° Qrriads tvat L.ec�Qcr trquices. The insurrnce c�mr pmviding the insurrnce shsit be rhu�en 6y Borrower subject ta ixnder�i .
<br /> � appm��t which sh�it not 6e wue;i�aabiy c`vieht�etd. If Bonnwer i:Ws ta mrintain coverage dascriDed abQ�G Lendet may.ut �
<br /> Lcmkt�opti�m.o6[a�n coverage ro pmtect ttim:ter's dgh�s in�hc Pnupeng�a accordancr wi�h para�aph 7. � .
<br /> Ail insurance policies nnd�er�xwai3 shatt 6e ucceptable tn Lender.and sha11 include a�utndald moRgage ciause. Lender -
<br /> _= , fittatt ha�e the right to hnld the polinies and�rn,.^w•als. i!l.cnder re�juirc�.Borroa•er sltali nrumptiy give to Lendcr all nxeipts ,
<br /> o€paid premiums and reoew�l notice�. ln ttre e+�ent oF tuu,Bocrower shalt give prompt natice to ttee insucance carrier and '
<br /> E.ender. l.�nder may matce proof oi ta�s if not made promptly by Borrawer. _
<br /> Un[ess I.ender and 8ortaw°er otherwise a�ee in writi»g.insur.utce procecda shall be apQlied to cestotation or repair af
<br /> °= tt��petcy damageQ. if tise restoration or repsis is ecctno�alig.fca�ilstc and Lcader� s�ccurity is aw tesseacd. IF the ---- . _. _...�
<br /> restorstion crr repair is no�economicaily feas�Ie or Lend�r�,securit},uautd 6e lessened. the insur�nre ptvcceds shali be
<br /> �'� apptied to the sums setured by this Securitv Instnimen�,tichet�e�.os�npt,thtn,du:,witb any exce�s paid ta Borrawer. If __
<br />- Bmmwer abandoas the Property,or does not answ�r within.3n days a:natica fmm.�.ender that the insurrnce c,�rrier ha� ---
<br /> offerett to seule�claim.then Lender may coliect the insuranx pmceeds. l.eada�r.ma��.use the praceeds[o repair os restore °_—
<br />•T�:�:�� the P►aperty or to pay sums secured by this Security[nstrumrut�w6�aher or not then 6tt�.;ih:3aday periad wili 6egin when _e_
<br />°_•.'` [hra nocice Is siven. - � � _ --
<br /> ��.�- Unless Leades and Boirower otheswise u�in.writing.any application of pra:eeds to principa!shall not e�tend or -- --- - -
<br /> -=, post{�onc the due date vf the monthfY PaYt�t5•refcrred to in ParaP�aPhs I and 2 or change the amounc of the payments. [F ��_ -
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<br /> .= f�: ande�paragraph 2t�th:Property is acquired•by;Lender.Bomower's riFfit to any in�sance policies aad proceeds r�utdng -
<br /> :.: - - Crom da,mage[d the Propetty P�iat�ta the acyuisition st�ait�pas�to l.endes to tfie extent af the sum.4 secured by this Security -;r'�'�-
<br /> ; -:� tnstrument immediately pdar ta tba uvquisition. r� :=
<br /> :,�, �,:.t.i 6. (Jccupancy, PreservatTun, h'/s�intenaa� and�Frntaetian ai tde Property; AbsraRer'� Laan ApplinHan; ,�+,_:_
<br /> ``':;r�: �-_ I.easeholds Borrower shall accupy.estu6lisb�and use ths Pm�►:rt}�.as Barmwer:s principa[residcnce-witl�i siaty days after , ''t,=c:�;m-•.
<br /> �f; r;;�' the execution ot,thi�Security(nsnument and•thall'continu�ta occupy:th9 Ymperty as Borrawer's,prirna{i�residence for at -
<br /> � '�` teast one year aft�r the date of accupancy: unless.L•ender oth:rwiso:'Sp�ees in wriung, whicEi u3r��ent shall rtot be � -
<br /> '" �':,a �utmasonaUly withhelA,or unlessex[enuating cir�ualstanx!:�racist.w63cf���(ieb:yond Bormwer's cantrot:�•�orrower shallnot ''�-:_`'.-<%:`_'
<br /> � '� Efr�4 deslroy,damage or impair the Praperty,allp��r ihR.i'toperty ta detesioraie,�r commit waste on thc Progesty. Borrawer shaU .., :,;��,-
<br /> � . '° be in default if any forfeiture actian oc prnce-ding::��ether civil ar criminal,is be�n tb�t in Lenders'�od faith jud�ttent -. -; ;�.
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<br />- �� � �"� � could result in farfei[ure of the Prapertv ar,ott�z�ise_materially impxlri tli..�Iien ec�atesi by this Sc�ccssisy Instrument or - =-�
<br /> ' `�.''� � '�,f�%��t� Lerider's security interest. Ba�rowe�may cuiu sueE�a.�i�u1t and ceinttut�:s�prUivided in paragraph i�.[rcausing the uction '�.�..�: �==�
<br /> •,',h> '" ' .: � ot pmceedin�to 6e dismissed with a rulin�U�.t,in,[;�i�:�gpaf fni�h;ct�eu�in�.ibn;Qroctudes forfeer��of the Borrower s _ -
<br /> �', ` ��:{�� � ����� inta�st:in the Pco ar other material " �i�ti rFtf�e:t'r� created tttrs Sec�ittty.Instrumeni or Lender's• securi � :• �� -
<br /> „� , ,�•� � . � Pe�Y � GY �� . t}' , .
<br /> �„� '..` `• i�tt�est Barrower shall atso b: iit default�:f:Hnsran� �g ths laan appiication process, gave materially faJse or r` � �i`€�`��
<br /> . . ' '` ina.oeurAte information ar statements,{n Zenderf�f'u�;.�.�i�;de Lender tivith any material infomtation}in connectia�u:,,h : '- .:,;;.�'�
<br /> `^r+- ., - . .' ttt� laan evidenced b�•th.° h'ate. itrc[i�ding, (r�:Y is•it,i'ctn:'t��=ts�. represent:iions concemin� Borrower's occupancy aE t.tc, '' ..' ,,t.�°�
<br /> 'f'' ;� Pta}terty as a principai residense. [f ttti��SeaUtn:Gtsttum�;i i�ari a leas�td.Borrower shall comply with All the prov i�io��s � "�. '�=—
<br /> "�f� �s� �E�s,,:'s% < _ aE:tha lease. If BorroweT acquircim ter 1it(�s tn�.ht _i�g�t}�::�h�L�"s3�iDI�3.*Vf.l{Le fee title shall not mer�e un[ess Lendec a.=� " .:: ` ' _
<br /> • �r j���.�E, ta tlia m;rger in writing. � " � � � � �-
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<br /> . 4�,�r,s�.�ya;i�;:�.. ' 7.' Protedton af Lender�.Rt�ttt5 it�tite Prope�r4�3 l�.aorrotiver fails to perfunxc��he covenancc and zerc��iti -_;.: :.:-•:r;;,,,:�'?��
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<br /> -`� c�•;§�•F,19��,;:..,�, contAin.d in �his Securiry In.�crum:.nt,trr����� a legai prsriv�siing that may signi��amly affect l.ender's ri��.u�t�e ...,4?''- t-�
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<br /> ' Propetty(such as a praceed�ng in 6ankruptcy:�ofk'r"'te,for condemnation or forfeiture ar to enforc�laa•c or regulatioos},then • ��{�,
<br /> . . ��.71..��,•.S� : , �'' � .'..r�.�.'.T,{�:,':
<br /> . � �%'� ;��.;�,;•,�.,.:•;,' '; . Lender may do and�pay for whatever is n�s-un-tn pmtect the vafue of�h,�Property and Lender's ri�acs.in the Prapetty. � . • -«-
<br /> , :``�#';`,r;.;f4` ; ' Lender's actions may inciude paying any sumy.wFr�red by a lien,�3-htrh��5,�smority aver�hi.r•Security Irsuvment.:�ppearing �'� '�j;
<br /> �'�'��;�s',�:�%'• . in.court. a in reasonable attarrr•s'feVs and ent�rin on.tha Pro _ to rrai:e re ir�,..�i.ii:;ou Lender ma take�tion
<br /> P Y S S' e`' g �?' Pa fih Y
<br /> ,;:�.• � . ' an9es.tfiis paragraph 7,Lender dms no�have tn do so. • • � ��
<br /> ,;:,, , :ic '. Any amounGc disbuned by I.ender un�:s�this�para�mp's.7 sh�11�h�3r^.:additionai d:.=JI Of BOROWEf tiE;CUTICG h;r II7IS ,
<br /> ° Security Iastrument. Unless Borrow•er an�l:en�:ragrce ta oih:r.t�tms of p�sr f:�t,these amount+shull bear iatemct irom thc
<br /> ,�'+� d�te of disbun�emens�at�he Note rate an��tihatUts�pay.l6tes,tivith�int�n.�ct��.�S:r �sntice from Lender to 8curotiver requesting -
<br /> • ',`�T' . _'• payment. •
<br /> I'�` - - & Martgage la�urance. If Lender reyuirai mart��.in.urunee a.�.3�:cmditioa��mal:ing the toan securu!hy¢hiti
<br />' • • ""� Securit InsZrument.Borrower+hall a the remiums r• uired ta main�.::iTie r.tarr a�4 ir.curar.ce ir effect. If.fc�:�.n '' �
<br /> Y P'Y P W €_' Y �
<br /> � • ' �z�:}-• ' reaYOn, the mortgage inwrancr roverage rcyGired by I.ender lap�es or v;:�:e� to�e �� L'fect, Ba,�s:.er siia�! .�ay the � �
<br /> : . � ',;''`� �' premium�requirec! to c�btain cove�uge tiuk�.tandialt)• equivalent to the nu:,.+�.:;;e int;;*:c:x;�:�previousit� ir�ef`ect, at a cast .;�,;";
<br /> . ''�;'<', tiub�tantially eyuiv�lent m the co�t tn Bnrrnv:u-ofth�mangage imurunce�;-�9ou�iy i:�•cffcct,from an alr�mate martgage •.F,;?'�"
<br /> � ��'�'t' ��,,;. °= t insumr approved hy Lcnder. If�ubstantiaQ�•cq4►�at:>nt mortga�e insuraRCC rx;►r:�a is�;�i available.Bc,:ower sha?I pay ta , :, ��'�••�`��i;
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<br /> ..:>;.._,.:- Lc�rtder cach momh a yum equal tu one-twclfih at'ihc ycarh :r�Rg�ge in�urar.�x i,<�;:;�~yeing p�►id hy Borrower u+,nn the `
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<br /> � • �;;�ti:�k;;�;, ,: '�. insurance caverage I�pSed ar ceased to be in effect. Lender c���Cl�crept.usr arsc�s�r::�:�i1�+-t��:paymems a�a Inss resers�i-�lieu i: ,",>� ' , ..
<br /> �° - _ ,��"'° � of mvrtgage insurancc. 4osti rc�crve payment4 may na lar;��:�se reguired..at thc. opi:da nf l.ender,if martgage i::tiu.ance � ', - ::
<br /> " ' �s• :� ` ' coverage(in thc amaunt and for�hc period that•Lcndcr rcc�c'•r.4i,�Crovic;ed[�, ..r.intiurcr appraved by t.�nder again heromrti
<br /> .. ,_ �';:;;,` ? uvailable and i�vbtained.Bonower�hall pay the prernium�+r�:'.=::d to rna�<=3�-r.�onga�e in�urunre in cifcct.��r[o provide a ' .
<br /> � `��','', . � ° �. tos�rcserve.until the reyuirement for mortga�e inrurunce ei��;:-��rS wccortlac:cx:�:sh���:�kri�ten ti�reemcnt het«•een 13n�rnXer i,. ,:,,; '� . - ��'`
<br /> . ��_�,;'���• ••��♦ firul Lendcr or applicablc law. 1 •. ..: �'`,'
<br /> , ;:;',,i'�:�„aar• 9. lnspectiun. tandcr or it�a�en!m�}�makr rca�onab:c cntric�up�m.md n�yu:���-�ns ni'�hc Property. Lcad:�-;I:all � ! .:�„.��
<br /> ;.. �;,`t{�,",� give Bonower natice•rt thr tim�of or p�icr tu�n intipectinn�peciiying reawn;:h:c cauv:tcr:he inspeetinn, j . ' '.
<br /> . , • �,,���t . , .. 10 Candemnatiun. Thc pro.c;�d.qf:3.n.; a�.aard ar claim Por damare�:di:r�t:a.:.���cqucntiul. in c��nncctinn rvith any . .
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