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<br /> f. Oocnw�cr, Pn..a�v.lba Md.t....a ..a rrot.c+ba d u�e PropatY: ��'• Lar"ppY�tb�l
<br /> , m':��'':�:, ...•: L�ol�. Ho�mwar�11 aocupY.atabli�h.aad ure tha Property�Sorrower's priacipal raldenoa witbin dzry d�yt
<br /> ° � � , ": �f�er t6o executioo of�hi�Security In:wment and�lull cootinue w occupy dia l'ropeAY�8o�m�ar��Principal raklence
<br /> . '� . "° :' , :� for at leiut ooe year�Rcr tha d�te ot oocup�ncy� unlw I�ender otherwi�e agroa ia wr[tln�.which cantent altdl oot bo
<br /> :.�;,�:�`��'��' un�,won�bly wlth6eld�or unksr ex�na ctraur�aoa exiu wblcb u�a beyond 8ormwer's cantrol.Bonowe��hall aot
<br /> � deatony daauge or itnpair the Prupetty.dlow 1Le Propetty to detetiorata.ot corrunit w�te aa tbe Prcperty.Honower�II
<br /> �y �' � ..,,..: be in defiwlt it�ay forfeiwre acNon or pmoeedia�.wbdber clvH or cdmlad�b beQun ttut ia Lender'��aod fpith judgaxsnt
<br /> Fri'r°�'."+� �'`��{ the IkA cre�ted by tt�is Secud�Y ip�ua�t or I.eroder'�
<br /> .�, ,.,'.. . .��,�,;� cauld[eault in torfeituro of Me Pt�uperty or afhet�vl�a t�uqul�llY impir
<br /> . ..,,: �, .,::,:�,�,.,- lg,by caudng tho�cdon or
<br /> ��;,;�„� � oecudry intenest. Borrower nwy cura wch a dehuJt and rolaatue�u provlded ta Pu+��raph
<br /> . .r ti ,; ' �?, .., . . . . p�ocadta�to be diuniwed wkh a ndiag tb�t.in L,endcr'a good fiith detarminadoa�precludes forfaiwrc of d�e Bamwer'�
<br /> r.,. ���. or I,adar��ecnriry
<br /> �•, N intentt iu tbe PropertY or other m�terial imp�irraent of tha lian ccnated by dd�Security Iamua�eat
<br /> �, '._,� �..:_.' � iatetrat.Borrower itull alw ba in defwult if Borrowcr�during the lan applicattoa proceu�B�ve m�terW1Y hLe or ia�ceurate
<br /> `'+ �r `.s�r:':%`�;;. iaforaMtioa or otwtement�to Lenda(or failed w provide Leuder with any tniterial infornu�tion)in connect1at arith the loa►
<br /> ::�'; y:�a_,�;N,;;•�;�.� ', • , t�daw conoemiag Borrower's occup�ncY of the Property u
<br /> .. : �� �., , .,.. , , � ;,.� evldeaood by�he Nae.lncludia��buc aa Wnlced�o�rePrae"
<br /> �r.:.. ,.,:�;•:��,..,,;,,...'; ::;,.�� a PdnciP�l reaidenoe.If thi�Sxudty Inprumeat ia oa s lasahold.Horrower�ll oomply with aU the provWow of tho leue.
<br /> ..,.':�: ., �f� If Borrower sio�wi�es foe dtle to t6e PropertY�the leaseiald aad tbe fee titk sdaU not mar�a ualeu l.eader��w the
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<br /> � '.>: i�: ,` me�Qer in arida�t.
<br /> . , �{;:�i����",.., „` :� .�? 7. Pratection of Leoder's R1�6b in 1he PropeMy. If 8orrower fails to pedarm d�e coveneats aad agreeiaenta t;a
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<br /> �.;:,,.•.�� •' t�,:�ti`�:'?�rf Coiltaio0�tin i0d�5e�tti�Y I�stru�tte��or there ir a kgd proc-0eding that au�y siQniflcandY affect Lender�righta in the Pioperty '.�X
<br /> ,,.:1�:; : �:: . � ;:,.;.:�.:_ , .for condemaadon or farfeituro or w enforoe law�or n�ut�ttau),d�Ixnder
<br /> .. �. �;• ' (euch�e a}�ocading in banicruptcy probate ,
<br /> �,":�`. � � � ' ' . •�:;:}•,•� may do and pay for wh�tever ic nxesauy to protect d�e value of the Prnperty and Lender'�ri�hts ia ihe�rOperty.L.ender� . ,
<br /> � ������ �.;:�.;r::r�: .. • �ctlona may include PpY�B aay sums secured by r Uon which iws prfodty ovor ti�l�5audty In�umant.aPPwring in coutt. ;'•�
<br /> '.:�; f�'�°.;','. . Mying rwcon�bla xaorneys'fxs u�d entering oa the Property to make nspairs. Althou�h LRader msy talce acdon undet :�,T
<br /> � '� . . thio PuaBrsph 7� Leader daa not have w do w.
<br /> ;,��,:•,,;� :;�• . 71 s6a11 bec:ome addidonal debt otBorrower aecured by this
<br /> Any�mounu�disbursed by Lealer w�der this P�S�Ph
<br /> i 1. :; , . Security lnstnuneat.Unless Horrower and Lender agra to etiier terms of payment.these amounts shall bear i�urest from ,..�,, , �i�"�,.
<br /> . ., . tt►e date atdi+bursement at the Na�rate and�ll be payxble,wi7�iaterat.upoa notica from Lender w Horrower rcquwNnQ
<br /> �'_ •� � . payment.
<br /> ���•'� '� � . S. Mott�e imurnnce. If Leader requind morlgage imurance as a condidon of making the loau secured by this '$.
<br /> . . Security Iacuument.Horrower sl�ll pay the pnmiwns requircd to maintain thse mortgage incurar�co in effect. If,for Any
<br /> reason.the mor�gage insoranoe coverage reguired by Lender lapses or eeases w be i�efioct�Bomower thaU p�y the premium3
<br /> �r.�.:��-. -- --T requirod w abuin covera8e substantl�lly equiv�lent to the mortgage insuranco previauly ia effect��t a caat sub�taada�ly
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<br /> �, , equivalent w the cosi ta Borrower of the mortg�ge fnauranca provlousiy in offxt.fran�n aiternaio n►irti8�e Isp�%
<br /> � .�'�� ; � � by L.cnder.If substantlsilly equivalent mortgage insurance coverage is nat avaifa'ble.Borrower shall pay to Lender each month '
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<br /> � a sum equal to one-twelNh of the yearly mortgage insurence premium befng paicl by Borrower when the insuru�ce coveraQe yR:
<br /> lApsed oi ceased to be in effxt. Lender wW accept, use and rctein these payments as a lass resarve in lieu of mortgAge �
<br /> . � � 1�s'urxnce.Loss reserve payments may no longer be requirod.at the option of L.ender. if mortgnge ineurance coveragt(In � `"t•4 .' .''
<br /> ,�,'.� .. `':' ':'
<br /> , . tfie amount and for Ihe period that Lender requires)provided by an insurer appraved by Lender agaln becomes available
<br /> �, � and is obtwined. Borrower shell pay the premiums required to maintein mortgage insurance io effect, or t��provide a lass ,
<br /> reserve, until the requiremeM for martgage inaurance ends in accordance with any written agreement between Barrowet •� •+ �
<br /> and l.ender or applicable law. �
<br /> „���.�'�, ' � �. � 9. Inspection. l.ender or its agent may moke reasonable envies upon and inspections of the Property.Lender shull � • � ..�
<br /> ! � give gorrower notice at the time ot.x prior to un inspection specifying reasonable cause for ihe inspection. � ;'
<br /> � 10. Condem�albn. The proceeds of uny nward or claim for damages,direct or consequential.in connection wi�h
<br /> . , any condemnetion or other taking of any part of the Property,or for conveyance in lieu af condemnation,are hereby assigned 4
<br /> � and sholl be paid to l.ender.
<br /> j�•;';. In the event of a tatal tbking of the Properly.U►e pracecds shall be applicd to the sums secured by ihis Securiry Insttument, �
<br /> whether or not then due,with any excess paid to Borrower. In ihe event of a panial taking of the Propeny in which the -
<br /> � fair market value of'the Prapeny immediutcly b�fore the taking is equal to or greater than the amount ot the sums secured I';,ti�
<br /> ; by this Security Instrument immeJiatcly before the tuking.unlcsc Borrower and L.ender othervvise agree in writing,the sums
<br /> , secured by this Security lnstrument shull be reduced by the amouni of the procceds multiplied by the following fraction:
<br /> (a)the totel amount of the sum�secured immediately before the taking.divideJ by(b)the foir market value of the Property
<br /> � immediately befare the teking. Any balancc shall be puid to Borrower. !n the event of n pahial taking of the PropeRy in
<br /> . which the fair market value of the Pruperty immedfatcly before the taking is Icss than the amount of the sums secured im- .
<br /> ��: �� mediately before the taking,unless Borrower and Lendcr athenti�iu ugree in writing or unless applicable law otherwise pro-
<br /> � vides,the proceed�shall be applied to the sums+ecured by thic Security Instrument whether or not�he sums are then due.
<br /> ' If the Pmpeny is ubundoned by Borruwer,or if, after nrnice by l.ender to Borrower that the condemnor offers to
<br /> � maice nn award or settle a cluim for damuges.Burrower fail.to respcmd to l.ender within 30 days after the date the nrnice
<br /> f , is g;ven,Lender is authorized ta collect and upply the pnxeed+,at its option,either ta restoration or repair oP the Proprny
<br /> • � or to the sums secured by this Security lnstrument, whether or not then due.
<br /> .;�,'� ': ' Unless Lender and Bnrmwer otherwise ngree in writing,any appliration of prcxeeds to principal shall not eztend •_ .
<br /> �•.�a' ' • ' or pos�pone the due Jate of thc monthly paymcnt: refc rred to in p•rragraph�I and 2 or change the amoum��f such payments. , ,
<br /> ;!•: • '�;,'... �' � 11. Bor+�ower fYot Rele�sed; Forbearance By l.ender Nat a W�►iver. Extensiun of the time for paymcnt or
<br /> "'� �.'� ���;:;;�•.: 4 modi�'ication of amortization of'the sums ucured by this Securi3� Instrument gr�nted by Lender to an}'yucces�or in inierest .
<br /> : �'} �� 'r•��;;.;, � � � I of�lorrower shall not operate to release the liabili�y of the arigiqw4&�rrower ar Borrow�es's successors in int;resi. �.rndec
<br /> , � ��';����i�,.;•." ::,',.'. � aha87 not be required to commence proc:eedings again.,t an} s�ccessor in interest or refuse�m extend �ime for fia}�ment ��r
<br /> � � • atherwist modlfy amc+rti2ation of the sums secured by�this Securiry lnstrumen�fi}reason of any demand rn�de k+��t0it originai
<br /> ; ',�'. . .. i
<br /> , � Borrower or Borrower's successors in interesl. An�forbearance by Lendre irt exercising any right or�em�rdy shall na be
<br /> . � , a waiver of ur preclude thc exercisc of any righ�or remedy.
<br /> . . � �..._..�- 1---- �rw� .. ... •....�.. ...w.��rc nf
<br /> 12. ,UCCCSS01'3 YIIO ASSIgI�31foU110i Joini anY a�ciai i.iwmlu��a.v���uc�a. .�..w.t.�..:..,« -c•°
<br /> ' �, l Ihis Security Inslrument shall bind and benefit the succes,u►n and ussigm of l.ender anJ Borrower,subject to the pro��s�ons
<br /> � { ; of puagraph 17•Borrower's covenants and agreements shall be joint umi.everal.Any Borrower whn co-signs this Security
<br /> ' � Instrument but dces ua execute the Note:(�I�s co-signing this Security Inatrument only to mortgoge,grant and�onvey thut
<br /> +'� Borrower's intercst in the Properry unde�the�rrms of this Security Instrument:(b)is not personally ubligoted to pay the
<br /> f � . ' ' 1 surics secured by this Security Insuument;aed(c)agrees that Ixnder and any other Burruwer mey ogree tu eatend,modify, .
<br /> • ' {ar6qt or make any accommodatio�w�tl�rep�td to the tetms of this 5ecurity Instrument or the Note withuut lhat Borrower's
<br /> � conuM.
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