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<br /> — periods that L,mder toquu�s: TM insur.usce pTrier providing the insniance sha116e rRosen by Bomower sub14ct to LeadtrB
<br /> _ appmval xfiich shalt nat be umrasanably witt�he[d. If Bormwer fa�7s ta ma�ntain covcr�ge deseri6ed nbave,t.entfer may.at
<br /> • lrndet�s aptioa.oix�in rnverage to pmtect[.aa3:r's ri�ttts in ttte Psoperty in.3ocord�nce with Pa*rltr'rph?.
<br /> � A!1 insu�aace policies and renewats�hafl b:accepta'bte w Lcnder.and shall ins�tude a stanJ�ni mortgage ctause. Lendcr
<br /> � shaU tu►ve the right to huld the policies and rtneviaLs. tf Lender requ'ues.Bomnwer sha11 prompdy give to 1.codcr ait rcceipts
<br /> � af p�id premiums anQ�enewal nexices. In tAe event af[oss,Boanwcr ahall give prompt notice tu tM intiurancc rnrricr and
<br /> IRnder. Lenele�may make pcuof af[oss if not made pmmptiy by Barrower.
<br /> - -�° Unle.�.s Lcnder and Bormwec otherwi�e agrve m writing.uisar.u�ce pnxtieck shsli be a�slitd t�►r+estura�ioa ur r�pair af --
<br /> __ — the property d��.if the cestaratian or repa�r is ernnomically fea.+ible.and Lendcr+ �e�urity i�n�+t IesYCncd (f Ih�
<br /> -- - �coration ar rrpci�r is not ecanamic�tty�feasibte ar L�nder's'security woutd he le�hcne�i.thc in�tcruixe ptwceds,halt bc
<br /> applied to thr sums secnred[sy this Serusiry Instnrrttent: whethe�or ant then duc.with any excc��p�id ro B�rtowcr. It
<br /> gorrawer a6�ttdons the Prarpetty,dr does not answer withirt 30 days a notice A�em Lendcr that the �nsursmx carricr h;u
<br /> � � offered to settle a claim,then L�der muy cvltect the insur�nce pcoceeds. Lender may us�d�e proctrdti w repzir ar•rect���
<br />•`F`.��:. ` tite Prt�perty ar to pap snms s�xut�td by this Securiry instrumen�whether os nat then dae. Thr 3tMay peROd will 6egin wf�en:
<br /> the[�otice is given. .
<br /> Untess l�ndcr s�nd Bormw�er utherwise agree in wrising,any applieatiott af procccds ta pria:i�t��,hati aui•extend�a�r. . . — --
<br /> A
<br /> puscpone the due date of the monthly payrttents refemed to in paragraphs 1 and 2 or ct►an�ee the amount of the pa}�m�nts. [f
<br /> under paragraph 21 tt�e Ptopecty is acquired by l.ender,Bortowers ngfit to artiy insurance policies and p�aceeds r�ulting
<br /> 6om damage to the Ptopercy prior to the acquisition shail pass w t.eader to the eatent of the sums sectued By this Scrurity
<br /> lnsnvment immediately prior to the acquisiuon.
<br /> .�;'�� 6, Occupancy,�Preservatioo�, Maiatewuaoe an� Peotecti�n ot the Property: Bormwec's Luan Appiic�tion; �
<br /> ` . •: I.ease6olds, Borrower shall oecupy,establish.and a�[he Roperry as Borrower:s principal residence wlthin siaty.d�yc aftcs �
<br /> - _ ^.`�'�' the execation of this Security inshument and si�alt ro�nae to aocupy the Pcoperty as 9orrower's principal residen«a fi�na3, -----
<br /> ( ,�` ; X�� ��
<br /> �: ? [ea�`�one year after the date af ecrupancy._tu►tess Lender atherwise agmes in writirtg. which con.s�t sball�nat�he _-----
<br /> • f=��: aru�sonably withheld.or antess e.�ivating curur►,istances exisc which a�e beyond Baemwer's cartrol. Borrower shAll"ncn�� --
<br /> • , .C _. dessmY.dama�e a�r anpair the R+eperty.allou tl�e Ptvperty to deteriorate.ar commit avacte on the PrQpeRy. Borro��er sh�ll: _- �_
<br /> _ _ , be in defauit i€aa►b�'�rfeiture action or pracee�"act°.whetlter civil or criminat.is he�uun that in L.ender's�oad faitb•jutl�menU "..�
<br /> . 'K"� ' cauld resutt in fiarfeinu�e of the Propert}r or atherwise materially impair t he lien cieate d by thi, Security InstnimYnt�ar
<br /> • ` Ler�det's security interes� 8ar�mc�er may cure such a defau[t aa�d reinstate.as provided in paragraph IR.by cawing th:netian �'.�,'_
<br /> �. ', �,�'Y�°,;,• . , or proceeding to 6e dismissed i1-ith a ruling that,in�.endec's good faith determination.pmctudeti forfeiture of the Borrower's' _ ��r_;_-
<br /> . :, ��;, � . interest in fhe PFoperty or other material imtr�ilment of�he lien created by this Security Instrument or Ixndrr's secudty - _ _
<br /> ,���'�-• -. � interest. Borrower stm11 atso be in defa�if aorrawer:.during the loati appiicatian proces�,b. �vr muce�i:�lly faise ar '
<br /> � � . inaccurate infortnation or statements to Lee�ia;i�c,�fa�ted�,�sovide Lender with any material inforrnation>in canncxKian with ' � ' �.>-_
<br /> • the loan evidenced by the NaL...,iacludiiia:�o�t nvt �T.i�;� to, representations conreming Barmwerk acenpancy of the _`;� .:�•
<br /> ` � � Property as a principal residere:' r;:t2��s Sec�;:y Instru.�3:s c�on a Ieaseltotd.Borrower shall comply with uU the provisions ';�•%��°�= �
<br /> ' ,„��� �• of the tease. If Botrower acqaa+:�fze.�ue ta tne Pcoperty,the leasehold and the fee titte sha11 not merae unless L.ender agrees '_�„u`;'nt"�
<br /> . ,s. �, ta the merger in ivriting. � ' • ' ":':�'`':'::`,'•
<br /> � 7, Prot�eati�►a of Lender's Rights.�a��Propesty. If Bor.�k��:r. fails to perfarm the covenants and agreemenis '''°.--��`t�:�:"`—
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<br /> :;�� �:.. ;• ._ contuined i� thi� 5ecurity Insirumen� or L:e:+��a legal.proceed�t:� u:sxt maY significantly affect Lender's rights in the __ ,,
<br /> _��'s:'�`� ., Propecty(such as a praceeding in bankruptcy.:�5ate.ffl�c:.-:�emssat��z cr forfeiture ar to enfi�rce laws or resutatinns).then ,•.
<br /> ���•.;�+���;. : Lender may do and pay for whatever is rtecessary to psv�a�'�:e�•alue o€the Ptopeny and Lender's• righi.w in the Property. • , ��x�.
<br /> ,+;; . Y paY € Y � P Y 5 PPe F . . '.:�:�;
<br /> , -•'� '• "- ' l.endery uctions ma inciade in an �umr F.coreb:?. a:iea which has riorit aver thiti Securit�Instrument,a ann
<br /> ,`'���s '�-` I. " . � in cnun,paying reasonabte attomey.s'fees wf::�..�t�:ring+ri the Pmpecn t�mal+e repnin. Althou�h Lender m:►y take uction _
<br /> ;�y;l, � �: ;•.' • � . under this paragtaph 7.L.ender does not hat:F�«o�so. ' : :
<br /> ,_:t '.°;�': Any amoun�c disbursed by l.ender u�Jer shis paragraph 7 shall become additional deht of Bucrower tiecured by thiz
<br /> -' ;::�s " Security Instiument. Unless Barr�a-er�,�d�'nder agree c�;z!�er terms of payment.theye amounts sh�li beur ineeretit from the • .-f:'
<br /> ` �`���` p y �h intere�t,upon naticc fram l.endcr to Borrower rcyuesting <,:. , F t``
<br /> ' �;;�r�A,�. :•� • date of disbursement at ihe haY�e ra;�a a:t�s4,at1 be a c�-L�::: ._. .
<br /> .;;.#: :: - payment. . . '� ��.>•:r : •;,:
<br />.. ;�,:� �i- � S. Mortgage Insuranc� 4F�..��nde=r�.;�.:ucd m��ct;abe intiur�nre ac a condition��s m�il:ing the�uun se�ured by this . .•`3�-,:
<br /> • �•�•.:,;r � f��'. �•` • Sccurity,lnstruttr�nt,'Borratvcr.rhall pt►y :a:-F�.":'�iums reyuired to ttraintain thr murtg.►ge in.urancc in cifect. If, for:�ny , -
<br /> �'.���,:�:�`� ""�''•, rea.con. the moa�e insurance caverag�^a.;��:.,d by Lender lapsci or ce:��e� to he in effecn. Borrou•er �hali pay ihe ' •;
<br /> • ;'� '` =,��':��_• premiums requimd to obtain caveruge tub�:.�e::::�lly ec;uiFa[ent to the mnngage in�urance previoutily in effect. at a rn�t • . �,:,�;. .'
<br /> - , i � substantially eyuivalcnt tn the co�t to Borrcurs of ihc.:v±�r_��r in�uran�:c pre�iuu�ly in cffcct.frum an altcmatc martgage ; �,`.,
<br /> � ;i:-���`e. • .
<br /> � ,;_,�; :; ., insurcr approved by Lender. If.ub�tantiaU}��;::ivalent r.:°,!r�.:agc imurancr cuveragc i�nrn uvailable.Barrawer tihall pay t�> _
<br /> � _.��-,_;•: � Lender e:ich momh A yum cyual tn nnc-tac�,tii1-<�4 thc}�cariy mnrtgage in�urance prem�um bcing p.+id hy Hortawer when the „ � '
<br /> _-. ��� insurance coverage lap�ed or cea�ed ta he:7 w++=:::t. l.ender w il!acccpt.u�c and retain the.r paymrntti a.a loy�re�erve in licu _
<br /> ' ' �� ' of mo»gage insurance. I.uti.reserve pa}-��-�may no tunger be requimd.at the up�iun uf lAnder.if mongage in�urance � _.
<br />� .- .Y`?r;:jj�4�-;:'�. .: coverage lin�he umount and f��r the period s`:at l.cndcr r:;f,airr.►pmvided by an insurcr appru��cd by L.cndcr again tsea�mc, , ,,•
<br /> •, ;�iy�v',° � uvuilable and is ohtaincd.Barrois<K shall pa�iS�c premiura+ezyuirrd w maimuin m��Agage in.urancc m cffcc�or to provide a
<br /> < �'�"'�'"i`.+�'::' ', � las�reserve.unsil the requirem�:�%i 4�tlf Q10R��.�in�urancc end�in:iccurduncr a�itl�an}«�riuen agrecmem Ix�ta•ecn Burn���cr � ' .
<br /> . �:�. �: .,.. -
<br /> •:,.,.;� ; ; and Lcndcrarapplicahlc law. i
<br /> �"�� ' 9. Inspecniun. L.endcr c�r it�agcnt nt�v makc rca�onahlu cntric�upun:uid in.{kctiun�uf Ihc Pruprrty. Lcndcr.hull �
<br /> :.'���;,;;•`�.`' ; give BotroaeT n�tire at Ihe tiin�nf ur pti��r to an in�pectiun,p�cifyinp c�a�onsihlr cau,r(ur thr in��c�i��n.
<br /> ,. . ;,�,`i�';',;;�;,,�.; 10. t:ondem�u�ti�m. The ptuceed.ui any au•:i�d or elaim fur d:ana�ir,.dirrc���r cumrquential.in cunnrctiun a�ilh uny i
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