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<br /> � periodv that Lender rcquetag. 't�e insuranae carricr pmaviding the insvranre shall6e cha�en Iry Bormwer su4ject to Lene�es's..
<br /> - . •appruva!whlch shall aot be uns�ea.w��bly withiietd. Yf Sorrower faits ro mtincain wverage descri6ed�bove::Lendec ma},at.
<br /> - �� Lender�aption;obtain coverage to protect l:endei�rights in tfle Pcaperty ie accordance wuh parngraph 7.
<br /> Y� "�•, A!t inswaitce poliries�nd mrtewals shall be ucceptabte to L.endcr and shal!inctade a standaM monSaSg clause. I.e�ades _
<br /> `=�� ' shali have the right to holQ the policies and mnewals. If f�ender ceyueces,Borrow�P shall promptly give to l.�nde�all rece9pu - —
<br /> ��� of paid premiums artd ae�wa!notices. In the evem of loss.Bortower shall give prompt notice to the insumttce cames an�� __ —
<br /> _- - _ _ l,ender. l.ender m�j+ma�e proof of to�s if�rot made prampdy by Bomower. __ ., W
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<br /> - — , Untess Lendn and Borroner ott�envise a�ee in wriring.insur.u�ce proceeds shall be apQGed ta restaciuian or repais of; _ ----_
<br /> the Roperty dama�ed.if the restoration or�epair,is economic�lfiy f�ibie artd Lender's security is not::tessened_ If�thv ___
<br /> } 4- �estorauon or repair is not economicaliy fe�ibte ar Lender's secur�ty�autd be Ic�ssened.the insur�nee:p�viceeds shalt'br.- �-�_
<br /> _ applied to the sams secured by'this Security Insuument:whethes or not ilten due.with any excess paid to BorroWer. ti'• ����.--
<br /> ��_
<br /> � - �, �� Barrower ubar►dons th�Ptopetty.or does not ansu�er aithin 30 days a notice from Lender that the irir�trunce carrier has. : -
<br />• offered to senie a claim:�hen Lender may collect the insurance proceeds. i.ender may use the praceedsl:to repair or mstc� -,�,,_�� -s-��--.-
<br /> ' ;.:� the ptopert}or ta pay sums secunzd by this Security Instcument,whetherar not then due. Tt�e 30day perind wit!beg3n Rfi�z�, � ����__
<br /> the notice is given.. ' -=`����.� �-_
<br /> ` Untess Lender and Bort�nwer othetwise agree in writing.any apPlicAtion of pror�d.s Lo principaf:'shntt ru�t eacte�oa• `� ___
<br /> ' postpone ttce due date of the montiily payments refened to in paragraphs 1 and 2 ar change the amounnof thc payments. ff; .'.r����
<br /> � • :..' under P�S�Ph 21 thc Propercy es acquind by Lendcr.Bormwer's nght to any insUrance policies and proceeds resultirtS' . . .i.,c�,�-<,
<br /> Y. t.'. ` ��� f�•
<br /> :� . - -�:. �� . from damage to the Propeity prior to[he acq►Eismon shall pass to Lertder to the eatent of the sums secured by this Securiry� :,-. Y_�
<br /> '::," .` Instmment immediately prior to the acquisition. , . . . �:�-- --- -
<br /> �. . �, pc�p�ncy� preservation, 1�aintea�ace and PmtcctIon at We Property: Borro�ec�.Loan Appllcatiani. :. �. , , •;��-
<br /> - ' `� Le�stho�ds Sorrower shall occupy,estahlish.and tue the Property as Barrower's principal tes�idencc�within sixty days after� _
<br /> �`'�+'^�;:.r'� the ex�ution of this Security Instrument and shal!cantinue to occupy the Praperry as Borrowers pRneips+l residence fm a�� i: _--.
<br /> �`'�,��,�' �, lr•ut one ye� after the date of occupancy. unless Lender othecwise agrees in writing. whicbi,cansent<s�all nn� be � �' �
<br /> r �'; nnreasana6ly withheid.or unless eateduating citrumst�s eaist which are 6e�-�r���arroa'er:s conhvl. Bcrxi;vE+�shall no�� : `'� �:a_v
<br /> , �-�::-��,::.`- � tiestmy.d�mage or impair d�e Pnnperty.allow the Pt+��ti.o�d�-*zc-ate.or�o,�r.,,:z�,?r+aste on the irtoperty.�#'�e:-'ctrxer�sl���� ��;,
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<br /> �;�. :. ,;j�i��,; be m de£anjGif any farFeiture actian vr�proceeding,aG'r�ci�-�'rr:�r�.".iti l��that i:t,.•..r�cddr's gand����'Ldgai�� � �c. . -
<br /> y � �`, �`„�'���jf,"'�?�'•�'� could r�uJi Fr forfeiiure of the Pitiir.:� or othear"se snate���i'r�::`.r:i;�j :?.+�.eat°d�:�;�ay;Security iirstiumer�airirr- --
<br /> p��fr��. 4 l�'�� �f%if�e�.. �y"L^'"!V�.� ♦'"J C .. „+. .._ '-.�.—.
<br /> Lendtr��it<y�nte�est. Barrowerr��v;r�resuchade�auttaasii'ran���z�.:��3in 'x'-�"'-�`�8 causin theactina
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<br /> , r or pruces�,�to 6e dismissed wi[h a'reif�that,in i.��ers gao��.s..r� ..w,c���x.�.precl��es:oif�titure of the Bmm»L:s � �.'.
<br /> ' ' :� `�`���' interes�s�^e �'copenY or other rt�terial imQairmert!`��f the liea rc��:�bg:"sG.�='J�:urity Insmrmwnt or Len�er's ser,�titj�..: �i.� - _
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<br /> . .;�c � . .�sfc>'.,,� inte�e���$(.srower shall also be in �._:p's,if ,Fe:�-�:c d►L���rk:taar� �;:�::�t'son psace4s.,gpve m�a.td.y faIse�i.r,.:,, '. ;>,,`. Y 4`;°,4 `�
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<br /> t. �,r '.,t.; +�,.�x. ��utfi:rmation or statemerrts tn:La;��.�(cr.f�+��;��."�oai��L•:r�s��vith any materia2 i.�1:�atinnl in cxr���ctian w�ih�' {-� �
<br /> ,- ,?�..,=:a• ���• _ - i � '�a :ueca - �a�:.-�t of�th� . . t�.r�;i�
<br /> -��� .;:,;•y��iti;� � .fk�i'r.s�,±id�i;i�ced by the Note, �i:fiiillf���r't:f r,rt,��_�:�,r�rv entations concent:nu� . �. ��,. _ �,rr_,
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<br /> ` ..'<-:�t�!z.,t . , ,M ss'�siaci al residence. Ifdsi���W:t 9�,�"�u�,.,t�u�sC�.�a'r:_tiehold.Barmwershalb c�,mp'rrr.ti<<.h�.:.�°�ti•:siar;s� . ,..�,s��.
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<br /> �r •'' �,f�i���� ��..;�''�Borrowec;acc�uires fee tv3,���the Fro��*.�:�;e�a1d and the fee�itle shAA not,merge unt�.L:rr�;.s:��s� :. 't� . . . ��=
<br /> �;�'.`. - �thetr3�.����writing.. , • {. : �'� ;�
<br /> � 7. �ar:eitiart t�GJ�ider's Righis in the Ptoperty. Ii Barro�ver fail+ ta pert'arm tho covcnunts ar�fc�sgroem�nts.
<br /> �'�� •� � � contained :�;7his Security Instrument,or there is a legal proceeding that may �ign�licantly;affact Lender's rights in the . •.
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<br /> � �. Property Isucn as a�+raceeding in bankruptcy,pmbate.far cortdemnation or fart'eiture or to enfurce law.r•ar regu}ati�m+).t11:��� , ''�.
<br /> l.ender may do and pay for whatever is nece.+�ry to pmtect the value of�he P�roperty and l.i:nder's rights in the Pr�ert}: .: • • .�:
<br /> '� � . � • Lender's•actions may include paying any sumti cecured by a lien�vhicb ha�priurity o�cr this Sc�cudty Inrtcu�etcne.:spp°'.a�inp : , ;
<br /> x �� • � � in caurt,paying reasonable attomey� fec�anJ entcring on the f'ropert}�to make rcpain.Altht�u�h Ixnder�nay ta.kc:u:�ion�.; �• �
<br /> � _ under this paragraph 7,I.ender dcx.not have to do,o. ,
<br /> � � Any amouats di�buned by l.ender under thiti p�aragraph I.hall bec�rme additional dcrt uf Bocrow•cr,ecuced h�-tUi�� � , �
<br /> � � Security[ntitrumcnt. Unle«Barrc►w•er and Lcnder agtee to�ther term�of p�yment.thetie amount�:�hull lxar interr,.t fmrn tli:t.• ,
<br /> � � d:ue of ciisbunement at the Nate rate and�hall be Payable.witb intere�t,upc+n nc�tice fmm+i.�nder to H�►rruwer«a�u::+tiny .
<br /> �.• . .
<br /> .- . . paymen� . .
<br /> _ . • ' . S. l�iortgage lnsoranee. If Lender required mortgage insuranee ac a cunditi�n of•mukinb thc Inan.ecureaf by�hi+� , ,
<br /> � .� � : 5ecurity Instrument.Burtotiver sh�U pay the premiums rcywrrQ tn maintain�he mungage�intiuraoce in effrct. IG fuo�nf��
<br /> " " reason, the mortgage imurance co��rrge reyuired by Lender lapre, ur eea+r. ta he in+.eff�ct, Borrower �hxll�pay,:dh7 '
<br /> � premiums n�,.aired to obtain cacera��.Uh�tamially eyuivalent tc� ctre mungage in.ursiaur prcvic�utily in effe�ti. at,a vust: { ' ,
<br /> ' xub�tanti:.l!;�.�aivalent to thc ai.t��r L���rrower of the mortgage irt.artmrc prev�ourly in ciluct.from an altemate mnng��a � _ _
<br /> ` r'i;y,. . r � . •' fnsurer��r:ed by Leruler. If�a3,ca.^.[ially eynivalent murigage in.urance ca��erage i�n�n�t�vuiluble.Borrower thall'pa)'tu .
<br /> �,;;;k_�j';�':,,� •1' [Z montb a w.urr:c ual to cn.-twclfih of thc carl mnrt�a c in.uranrr umium�hlin uiQ h•Borro��'ez ufi:�tlia i; � • ..
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<br /> ..;•';�v,,�. .;:,��,._.: ��u�nt�i�>,erage laprrd or cea.red t��.(x in eifecl. Lendrr�vilt accepi.u�e and r.lain the.e.puYntent+ar a Inrs re�erva in 11tru ;,,.�;.,:; . . .
<br /> �����°+';�'��" � of mort�3,��e�inyurance. l.m�rc.ene r,symcnt�may n�►l�m=rr he reyuirrd,at the�+ptiumnt'lkndcr. if monf;agc imun��e ,
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<br /> � ,,,�,�,,; . cover��.+:uii the am��unt and i'or the�n:r.,.�d that Lender requirc.►pru�ided hy an in.urcr:�ppnstrd by Iw:nder again bec��mn�
<br /> � , �'•,��(�r,.� availaEle�,d ir uMained.Burc�►�cer ti::ait pay the premium.reyuirec{to maintain mungagv en�uraace in uFfec�.of t<+�+nn•iek�:+ ,
<br /> ' ' �''��"t' to�s re5erve.umil�he reyuirement fnr mo»gage in�ur:mce end.in accur�lance ai�h any�«r.cten a�n�ment heh�er�8arra«v;r
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<br /> • '`.'. and lxnder ar applicabtc laa•.
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<br /> . ;;:'i;�„ " 9 I�LSpecfton. I.cndcr��r it�s;_r�t may mal�e r�arunablr�m.rie�upun.ind in.pcctiunti uf the Pruperi�'. Lcstder�ahall ,
<br /> r�;i'S�;';'���:., give gomnvi;r nnticc a�U�c time uf or pn+�r tu an in.pcctiun.pccit�r':=rk�.unahle cau.r fu��tlt��mpec�iun.
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