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<br /> -. pe�iods tiyt t.endrr e�qusns. 71�e inwrs�e carrier provid'►n�t6e i�istus�c stu�li be¢ha�by eoma�Yr sybjax to lr�derh..
<br /> �ppr�o�vv whicl�aMll tiat De utYezsa�f�bly witt�Neld. If.•&x�qwcr:�'ai��t^nNia�ain covcrigr�3escdOcd abo+►�l.a�ckr may.a4
<br /> l�er�derk oQtian.oAtain cava'aEe w prate�a l.a�det�tigt�tt+�,cn sMr�Tti�}jat3�iai.acsord3nco�i�h para�taph 7.
<br /> A1I insur�nce�Ikieg ana cenewals sls�tl M amzutu�tu sn LcnA��!•sAa9!include a stnnda�d matgage clause. tae�sd�ec .
<br /> sltai!I�ve Ute right to hold ehe policfes and rcncwal�:tf.C�nchtt;mq{tiRis•.BOR�i`T SIL1U�f11�IIx gIYC[D I�diAGf BI.�fCCCtj�`
<br /> of paid perti�iums and�encwai noticFs. tn the cv�t ar��Mss..B<nrrn»t�hali,gire prat�pt notice to thc ins�cranre�uiicr and
<br /> [�ender. 1�er may nwtce pmof uF loss if na m�de pcom�nlg.b��&Mrt►��n - '
<br /> Untcss Lendcr and Bam+��er oshcrwi.Ke o�in wciting,insx�ca pericC�d.S shall ba applicd to restoratiao a�rpair of
<br /> the Ptapcny.�d,if�restorsiim�.c:r•t+epair is ec�twrnicatlK•fu�llla.a�uf-�:ciidst's serurity is not 1¢sse�ed, ti the
<br /> t�stonti�n or rep�ir ig nat e��a�amicall�fcasible or�'s sezurinr:w�utsf�6e lus�ltt#d.the insrrr.usce proc�eds sfiail be
<br /> - aPP�sd to che sums secumd:6p.this Setvrity lestiument,whethcc,or rttn,th4�t�dna.;wit�t�any eace�paid to Bor�ower. if
<br /> &xrowe�abaaid�o+�s�t�e Prc�tty.or dncs not answer within•3tl:dups.a.n�ii�fi�crt,�tTer tb�t the insur�nc�e canicr h�s.
<br /> - offcced co sec�a a claim.thea Lendec may.colfe�e thc insarance p��..Lendar•�c-rue'tUe�s to reQair a�estase
<br /> :� tbe Ptopeity or to gay sucns secuied by.this Secnrhy I�munen�whctt�.annat:dte+n due.The 3�+day periad will be�wl�en
<br /> the c�a�e is�iven: . . . . . .
<br /> - - Unless i.ender and Barmwer othrrwisc a�ee in.writin�:an�r.applfcatian of pmceeds to principai shall�not ea[ead or
<br /> _- pnst�one tUe due date af th�mnn�hly.�rayments iefcrred�o in namgrsphs I and 2 nr dwage_the amgunt of th¢pzyments.-.I! --
<br /> _r.= utxltr puagtuph 21 the.Qtoperty is acquired by l,endcK.BnrtnwErs righcm.any insuranca pniiai�aad p�aceed4 resulring
<br />";.Yi: fr4ro dam�ga ta tl�c Froperty priar to tba scquisitiaa stxdf•pass to Lsnder to�the�atent.of tI1�:cd�ais';;�cueed 6y tbis Security
<br /> �.:, tn.�tnuneniimrt�aiacely p�ior co ihe acquisivan. . :t�:.:
<br /> �� . - � �P�Y. Preseeratioe, Mainteeance�nd Bratectfon•af� tba Ptta�Crta; Burriiu�r's t.a�n Appliratior,
<br /> '� l,eueiold�. BoRO�vcr sl�all accupy.establisfi,and use�hc PcapeKy.as Ba�rmvaa��rincip�t,tesidence within sixty days�fter
<br /> -- � . . [he txavtion af this Seruritv�Insa�uinenc�d si�l[coatimie to accup}�tha Fmpert.��qC,Bqtmtvc�c's principai�esidenct fflr ae
<br /> -.�= — � least aie year after d�c dute of occupancy, uNess f.ender ottwiwiye agn:es.,�t�+."•wrtti►tgi;;�rtL•h cansent slw{I not be
<br /> r - wueasonabl�.witbbeid.or unless e�ctenaavng cir�nmstsmces cai�t whicir#i�6cyaird Bosm�vei�:6i�troL Bar�wer slntl nat�
<br /> - desuay,dqmagc m impair the Ptnpe�ty,al[aw the Roperty to dcteriarata.o"r commit waste op�t�a�roperty, Sam�wet shali!
<br /> =�"�': . be in default if any forfeiture action ar pracadin8,whethcr civil.arcririmnal.u begun�iaLin i.eader's good fait6 judgmertt
<br /> -- . could cesuft in forfeitura nf the Fmperty ar atttcrwise mate�iplly impair the lien cceated 5y this Sacurity Insuartient or
<br /> :"°�•` ;; (:ender's securiry iateTest. Sortower may cu�e such adetnult and rautstate.as pmvided in paragcaph I8.by caucirrgthe action -
<br /> ?„•• `� .or pmceedi��•;p 6e dismissed with a ruling thar.i�Lende�'s gaad fuiih,determination.pcecludrs:fmrfeitare of the Sorrower's
<br /> - `. ', , � interest in 11i�Rriiperty or other material impainnent of tfia tfon�cr�uicd by this Securi�'Iftsiturircnt or t.ender's�ecurity =VV =
<br /> -• interest. Bu�er shall also be in defualt if Bortawer.during iha laan application proces��t=,ave maceriatty fai.se or
<br /> . �" F -.F� inaccutate iifinmsatian ar statementr,to Ixnder(or faited ta pmvld�L'.ertttcr with any m�terial informatioM in wnrtection witl► --.-
<br /> ' the loan evidenced hy et�Nnt�, including, 6u[ not liinited to. iepreserrtations conceming Borrower:s occupaney of tha
<br /> � '� Pcoperty as a principal residence. !f this Security Instrt�mentik an s+tfr,i�bafd.&erracver shall campty with afl ihe provisions ��-
<br /> `` of the lease. if Botruwer arquites fee titf e cfl the Roperty,tha Ieasehald�tuiii'the fee titie shali nas merge untess Lcnder agrces ��`�"-
<br /> . _ rothemerSeri�:Wiiting , . ::.:;- . --
<br /> • 7, t'tat�tbn ot l.ender's Rigbt� fn,the Prapert9�. If H�tmrwer fails to perfoan the covenants and agceemeats
<br /> contnined in.;his Security lnstrumen�ur.th�se is a.tegal•prnceedih�stbat may significantly affect i.ender's rights in the .
<br /> - � : , �,Property fsuch as a praceediag in 6ankniptcy.pmHa(N.fur•condemnaticin ar forfeitut�ot to enforce taws or regutations),then �._ _
<br /> -; - Lender may do and pay for�tratever is n�y�/i��pn�i�t tha vAtqe of the Property and l.eadu's•right5 in tEte Propetry. �_-
<br />.,�;,i ;, � r�4� . Lender's actions may include paying any sum�;:5ecured 6p•a Ilon.wh�uH.has priority over this Secunty Instrumen4appearing . � �„w;;:
<br /> �;�i � in coun. paging reasonable attomeys fe;es anai entering an�tha Ampe�s4d make repairs.A lt haug�i L en der may ta ke actian "��;=�r;
<br /> under this patigrnph 7.L.ender dces nat h�ve t�da�a. •. -=�{:
<br /> ��' `. Any amaun��:di�bumed by Lender under thiy pam�rrcph�7�ti6u111Necame�dditional debt of Boirower xecured by this ,'{+;.,�;�'
<br /> � ' '; Security lnstrument. lJnle�ss 8ortn+ver and Lcnder agrc�ui:ithactotmk nf pay-mcnq tfie�:c amounts.twll hcar intrn:tit Gom ihe ����.���t
<br /> date of disbumement:aotlte Nntu rato and shall be pa}�bfe.with•intereti�upon naHc.f"mm Lcndcr to Borrower requesting ��":t;s t,�,v:�f,.
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<br /> & M1tort�ge Ipsat�ce. If Lende�r mquiced mortgage insuru�ee a.�a conditurn af m�:l:i�the Ioan secured by thi�: �.:,���:
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<br /> Security lnsaument; 6urmcver shall p�y tha pt�miumS.required to maintain the mort�e insu.ca�•:.e in effeci. If,for any .�Y..>s.;��,�_�.
<br /> , reason, the mortgage ia�umnce co�•erugo �eqttired�b���l.ender lapses of ceases ta Lze in eff�t. Borrower shAll pAy the '�=.Y`=�=.
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<br /> � premiums required ta obittin ca�em$o +ubctunti�ll���e��ltii�alent to the mortgage in;ur�nce previously in effec�at a eost ��; :�_;_:
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<br /> substantially equivalent ta tho cast.ta 8nrra�ver�ofuh�m�3ttgaSe insurance previoudti-iit et'tect.from un altem�te mortgagc -•-:: •'- -
<br /> ',�+ �in�urerappro�ed by Lender. !f substuntiall��.g�uivalE;�t�.�rongage inwrance coverasw'rsru�r.,:��`�1J:1Q,Mnower shull pay ta �:�v'�
<br /> , ,,�:., I.ender each n�ur.th a�um equnl to ana•�t��:ftil�'cii th�y�arly mongage�n.vrance�Sn,tt:�:��rir��p�i�i by Borrower when ihs ".�:_
<br /> ���'''' ' insumnce cur4nige lapeed ar cea.ced su!�e in�ffu�. [;ender wiq acecyr.,u�a:and retaia the�e�a;��r;�r►s ac a losti reserve in lieu .�,,:;�::
<br /> • ' of mortgagc�insurance. Lnrs rc�crve pay�mcnt.mv,��'nn.langcr bc reqwired at t�i c;,:icn o!i.enJcr.if mortgage in.�urance - �. `"'�_�-��
<br /> �. t-- caveragc (in the amoum�and�tur.the periad tHai�U�stts�eyuire.)provided by a�t iix<.um:rapprovcd by Lendcragain bccamvs `�+; ;' ;;`-':
<br />. . ' pvailable and is obtaiazA:.Bonnc�er�hall pap th�priutiium�reyuired to m,�int�in n�:��ni::��_e intu�'ance in effect,ar ta providc a ;i���,�,.�3 ,•
<br /> _ ',r ��o�n � in�fpACC CQ(Iti IA ACCpId3IICC WII:I_`�`+writtcn a,rcement hctween�orrower ���?•�`s�`°, ' '
<br /> .� loss rescn�e,unt�l the ra�ulr�st;.ri�i r �nn},ago u �'. � , .
<br /> . . •;�,. ?7��� and Lenderor apPllcaUlb l::�v, .' ., �
<br /> , .�=_:�����'� 9. Inspection. l.eit�tero�itc w�e,,�t rrfay?make rcavonable cntrics upon anJ impectiuryi��1-�ite Property. Lender shAll " .
<br /> �'`7•`� "�'� give Borrower natice at th:lim:nf or priar tn an iny��iin.n specifying reasonablc 4�.:se for thc ir•;�ectio�. • .
<br /> z! ;��''"'�Y� , 10. (:ondemnation�•'T1x proceed�of.�ny�a.}•ani or�laini for Q•rmage�,dir�_��r:i��;onsc�ucntinl,in cannect;an.with uny � '
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