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<br /> s. wwra or rt+o�t, u�wr..a. ewmww�uu� Iceep�he i�uYemaw noW e�iain� �i�•n«anaea oa a�e
<br /> pnnpaty inwrod a�in�t Ic�by tiro. hwrdi inciudad within the tam "extendad oavanQe"wd�t►y atl�er f�nnu, InaludinY
<br /> nooa.�nooai��.Por which l.onde�tbquira inaranoe.'I'hf�irowranoe�II be nWntdaed in�he�tnoww�rd for tl�p�riads
<br /> that[.ender roquir+es. The imwr�nce ciurier providin�the inwnnco�wll bc ctinRC.�n by Barrower ru�joct w Lender'�pPlx�uvv
<br /> which sFyll not be u��r�con�biy wilhheld. If&xrowcr f�ilr t�mwin�in rnvern�e de�cribod�bove. t.�wle�m�y.�t tsidet'�
<br /> option,aWAin covea�o ro protect Lendcr's d�hte in tho Praperty in�rdanco wfth p�ny{raph 7.
<br /> All inwanca policics and Rnewds shall be�crepuble to I.ender�nd rlWl include a�tmdud mort��o ciw�e. L.ender
<br /> ahall have thc d�ht to hnld the pnliciea and anewale.If I.cn�ler reyuircx. Bom�wr,�shdl pramplly give w l�ea�der all rocoiptr of
<br /> pW premiwro ond rcnewa!ootices.ln tho event of lo�.Borrowct sbdl�fve p�nn�pt nalioo w the fawranoe arrier and L�.
<br /> Lender may m�ke proof of loss iP nat mode promptly by Borrower.
<br /> Unk�s Lrnder and Borrower otherwlse�gYao in wrUirig, insuranoe pnxwodt�sh�ll.bo appliod to�estoration or repwir of the
<br /> property dsunaged,if the restor�tion or repaic lr ooanamlcaliy fer�iblA Attp�l.endt�'s socurit�+ia not lessened.lf the r�eswration or
<br /> nepair is not oconomically feasible or Lender'c cecurity woqld be leeucnqd�itht+insurance p�eoda otwll be applied w tho wtn�
<br /> securod by this Security in+uument, whethor or nat thcn.duo,wlth•+utK etcess p�id to Bomower. If Batrower abandon�the�
<br /> Property,or das iwt answer within 30 dayr,a nptiqo fmm l.endor th#t,tt�q i�atqnce cwrier has offcred to sctlle o cl�im,then
<br /> Lender may collext the insurance pr4coods..I.endar may use t�e p�rx�oodc ta.rapair or�+estore the Pmpeny oc w pny wmx
<br /> securoed by thia Socudty Instrument�,whACher ar,nat then due.77w 3t1-dq�perind willibegin when the notice is given.
<br /> :;f`! p Unloss Lender and Borrowcr othotwlse agree in wridng, ony appflcntirni�otli�mceeds to principal ahall not extand or
<br /> poscpona tha due dAta of�ha manthly ppymant�rcfarced eo in para8raphi 1 anA 2 0�,ch�ungo the amount of the paymeMa. if
<br /> `' '±' ' � under pu�graph�21 tF�o Property is wcquf�d•bN�L.andor.Borrower's�ight�tp any��insurance policies and pro�xods rrsult�ng from
<br /> -.-r,: Pro et rior to the uisidan� 1� to l.e�ta.tlK�oxtan{�af,the:ums securad b lhls Secu�ty Instrument
<br /> y danwg�to tha pe Y P �1 � I� Y
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<br /> �:t�,•. . ' ' : ' ium�diately prior to the acquisillon,
<br /> }: ti' �� � i.[loeupancy,Pr�servadon�.Maintaaanae And P�ntacNan�of,tha Pm�rty; Borrower's LoAn Applicatbu;l.eacdiolde.
<br /> ��`'',�Y�-.` �.'�",, � Honvw�r shall accupy.establish,a�d use the Pmpeny as Barrower's p�incipal residence within sixry day¢after the execution of
<br /> . . +�. �'� "� ' thia Security Inatrument,end shall rnntinue t�ovcupy tl�e Prvpeny us�amnw�sr's pdncipal residence for at IeASt one year after
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<br /> � ''�� ''•��• � �'l�''• the date of accu unlass Lender otherwise a mes in writin , whiah�oonsent dhall not be unmasonabl withhald.or unless
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<br /> f:. .'� :���r;k,},•„r;�,..,�,��,;1 eatenuating circumstanoes exist which.are beyond Borrower s control, 8orrowe� shall nat destroy. damaga or impair the
<br /> . '�;�'rl`;;�� �r�`�:. ::t�" Praperty, allow the Property to dateriorate,cr cammit wasta on the Property. Bamower shall be in default if eny forfeiturc
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<br /> � "t ��"'"}'-0�'t� ection or proceecling. whether civil or criminal,is begun that in I.ender's good failh judgment could result in forfeitur�e of the
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<br /> •�<':•: �' ,s�;.�:`::�..,.�'''i,."..�,'}'�. Property or othenvise materially impair the�lipn,craated by �his Securiry Insttument or l.ender's security fnterest. Bornower may
<br /> ;'`• �' ;�. ,. �:,.;..,,...:; cure such a default and reinstate.es pmvided�ln�p�a8raph IS, by causin8�he actian or proceeding to be dismissed with a ruling
<br /> ., r:-.•�,;,,,,,�..:r •., that, in Lcadcr's good �aith dcicrmination� ptixluQes locfeitare of the 9orrower's �aserest In the Pr_�erty ar Mh��material
<br /> t� ' :�;d•r:+��c;;,;+�:�.�.,; � impaim�eat af the lien created by this Secur�ty lnst�urnet�l ar[.ender's security interest. Borrower shall elso be in default if
<br /> �• .,:;,:;��'-.`: Borrower,during the loan application process,guve matoriall�� false or inuceurnte information or stat6ments to Lender(or failed
<br /> `}•�' , .� '�''`• . • � to provide I.ender with an��material informati�m)in connection with the loan evidenced by the Note. ineluding,but not iimited
<br /> �i''�'.;::�',` , ' . � �':>: to, represontations concemin¢Barrower's occupxnry oP�he Property ac a principul residence. If this Security Instrument is on a
<br /> • . _„�,,,:,�, leasehold, Borrower shall comply with ull thc provisions of ihe lease. If Barrower acquires fee tide to the Property, the
<br /> ! � � '•''�.�, ' leasehold and thc fee tiNe shvll not mergc unless l.ender asrees to the mcrger in writing.
<br /> � �'•�.�::�:`.�::� '' 7.Protecllon of I.ender's Rights in the Property.If Born�wer iails to perf'orm the mvenants and agreeme�ta containod in
<br /> ' I " �• �"�}'" � this Security Instrument, or there is a legul proceeding th:�t muy significuntly affect I.ender's righis in the Propeny (such as a
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<br /> � r�'•;;, • , proa.�eding in bankruptcy, proba�e, fur condemnation or fcxfeiwre or w enPorce laws ur regulations),then I.ender may do and �
<br /> ,��" " � •� � pay for whutever is neceswry to protect the value ot'the Propeny and I.cnder's right� in the Property. Lender's actions may '
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<br /> include paying any sums secured by e lien which hes priority over thi� Securiiy Instrument, appearing in court, paying
<br /> '.K�• , a�`••7� reasc�nable uttnmeys' fees and entering on tha Properly lo make repuin. Although Ixndcr mey take actian under this paragraph
<br /> ;`:�:`. ; ,w.Y�----� /. Lender does n��t have ta do so. � -
<br /> '��, ; , . � � � " Any amounts di9buracd by l.ender under this pamgraph � shpll F+ernmc uddi�ionul debt of Borrower secur�>d by this .Y.,
<br /> �_ � ' � Security Instrument. Unless Borrower und l.rndcr agree tc���thcr tern�s nf puymcnt,the�e umnunt,shall bear interest from the s v.,..
<br /> ` ^'`���'���` dute of disbursement at the Note rate nnd �hAll be payabk, wi�h interest, upon notice from l.�:ndcr to Borrower requesting
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<br /> . �'�`'> • • S.Mortga�e Insurance.If I.rnder rcyuir��1 m�►n�age insurance a.u rnnditian of making thc li�un secureJ by this Security
<br /> ' � ` Instrnment, Borrower �hull puy �he premiums rcyuired��� muintuin the monga�!c in�urancc in effcrt. if, for any ren.son, the
<br /> ��;f��,. , � mortguge insuran��e cuveruge rcyuirecl hy L.cndcr lap�e�or ccaseti a►hc in cfl'ect, B��rrower tihall pa�•thc premiums required to �
<br /> � �"' j'''� •' • obtuin covernge substuntiully equivulen�ta�he mongage irxurance prc�•inusly in cftect, ut a cost nub�tantiully eyuivalent to the
<br /> ���� s��`� `, '•",��': cost to &�rmwer of the mort a e insurun��e n.viou,ly in effect. f'mm an ultcmule mun•a � in,urcr a roved b l.ender. If
<br /> � : � FB P ' !- F' Pp Y
<br /> �;, •• '�,;,�,; subctantially equiv�lent mimgage inxurunrr�vwcru�e i�n��t avuiluhle.B��rruwer.hull p•ry t�i Lcnder c•rrh manth a sum equul to
<br /> r � ' nne•Iwelflh uf the yearly mongu�ee inaur,�nre prcmium txing puid My&�rrowcr x-hrn thr in,uranr�ro��erapr lupsed or ceaseci to
<br /> � `, .
<br /> �,f� •• ,.�},1 , be in effect.Lender will a�rept, u+c and rctuin�hcsc puymeni.u. u la.. re+ervc in licu at' mon�,age insurancc. l.otis reservc r �
<br /> • ��..:;'� . Fam 3028 9190
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