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<br /> = periodg that Lende�r tsquites�;;77�ins��.�a�e,c;?!�1 x�g�t`•i��O si�ll 6e cisoscn by Bortowet subject m i.ender's`.,�,
<br /> - ` , ePP'mVal which sdall nat be tmr�+,canabi�•.; ittal�I�;:CE�rroW��,fa�ls to'maiittain cavsrage dcscribed.above.Lei►der may�at .;.
<br /> _ � Lender's•option.abtain covtE�ge to�FOtect�c�r;�siR!��.iA t�t�nyr in ac��oi�nce with paragrapb?.
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<br /> — AII insu�ce policies i+gd.�enew�Is�at�6�:; . �t�e.4a�,txnder and sitali inrlude a s�aicdacd mortgage cfause. Lender
<br /> shali Aave the rigdt tahold t�se.poticiesnnd�ryr!xw�ts,;: f�,e.nQ�r requires,Borrower sball pcamptik.sive to Leader aIl receipts
<br /> of ptid prcmiums and�ncw�!twi�es, ln t6t;ev�t,�t,�ps,�,<Borrower shall give prompt not�ce to the insursnce camer and __
<br /> - Lc�ie:. t,crsdcrmaYmakcPtoo�of�s�,ii�trf�?.t�t�`�ttn-F��±byBortawer. • . ��, --.----
<br /> l7nicss Lender and Bo�i;Uwer atite�-+.se��,ncti,}ynt►tlg.insurance�ocee3s shall 6e applied to cestoration or repair of
<br /> � �he Property d�,�ed.if�re.starai�.qr.re�?�,����msrally fea�sible:ind Lender's• securi[y.is not Iessened. If ti►c _
<br /> ' restor�tion or repair is not�onom�c�lly:f,eJ:iihfi�,nr;�.�s�:c's securit� woutd 6e Ie�senea.the ins-�irarne proceeds sfial}6e
<br /> applied ta the sums secuse�.hy thiS,Se�uritK,(�u�;�}?:;u�hether or nat then due,with any exces.c paid to Barrower. If
<br /> _-- Borrower a6andos�s the Pt�eRY.or dc��,nolt.an,s�tef;�ihin 30�►ys a naice fnnm Lender that ti�r insurrnce curier has. �_
<br /> =. offeced to settte a claimR tlK;tr 1,esder m�X�!leci.�h9tl��ce pcocceds. i.ender may use the proceeds to repair or restore ___
<br />_���� ' ' the RopeRy os to pag sum�sceutpd bY.►.�i�, unt}':,�n.5i�n�whether or not�hen due. The 30�day periad wi!!6egin when ==-�.
<br />. '' the notice is�iven. ::` ,A �"�."-� ---.
<br /> ••�,� Untess�,endce and QiirrPwe�Qtt�fwise.agte,��n,P►�ritinS.anY aPPlicatian of proceeds ta principal shall not extend ar •���--_=
<br /> postpane tbe due date of t�e.�nopth�j.pa��1LS.� , , �co in paragraphs 1 and 2 or change the amouat of the payments. if --- -
<br /> - w�der 6.21 the i�ac u�,s �1 i.t.e,r s�;�.Borrower's ri g h[[o any inw�ance p olicies and pnoeeeds resultin g �` �
<br /> P�S�aP �RX, ' q �. Y , �~
<br /> from¢amage to the Rnpe�y FriQr.to�tce;a�sqoz,s�itqs�y$rssl!p�s co l.ender ta ti�e extem nf d�e sums secured by this Security �=°--____—
<br /> Insaument�mmediatety pribr to the.�cq�aSi�iP'�,�. ' ����
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<br /> 6. Occupancy, P�etvat&�.�,'►'�S14A1,�PP.. ►i;:and Pratection at the 1'ropertys Borrotiser's I.o�n Appikation; . —
<br /> I,wsefiolds Borrawer sha!!accu es Lksh. nr�, .e the Property as Bono��er's ci residence within sixt da s after �,��s=
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<br /> the�acecutian of this Sec��iry.IaSt(tu�At���sh��,�fantinue to accupy the Rroperty ac Borrower's principai residence for at �`�i;�
<br />, : � leasl one year after thsj;dat�.of .pccap,�{ic�t.;►�n���,s t e n der ot h erwise a�ees m wTi t i ng. which consent shall nat be �__
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<br /> utueasanably withUeld.o�.pnl�cs eatenuatin,,,�,s�c,'��irtatECes exist a�hicb at+e beyond Borrower's conuol. Bomower shaU not r,�;:-��„=
<br /> � , � destroy,damage or impa;t.ihe,Pr4petiy�alGCrYV.sh4�: rty to deteriarate.uF commit waste on the Pcoperty. Boriuwer shall . `!'u==
<br /> ' be in default if any farfei}ut�e actio�4s.psPF�dic�,,�;whether civil or criminal.'is_begun that in Lender's goad faitb judgment ;
<br /> , ,' -�• �� could result in fodeiturG,oF t1u..Pr4pqrt�,ai.4t�wtse materialty impair the lien created by this Security Insuument or , �•_�,_ <�'_�
<br /> " Lendec's secnnry taterest�:Bo.rroWer may su�w Suc�a default and teia�+tate,as provided"m paragraph I8,by caus�ng the action = y,
<br /> ' • � or proceeding to be disr��sed�ith a,rulit�lh�,;.ip�l,ender.gaod faitb determination.preciudes forfeiture of the Boiruwer's �;: ;s�.
<br /> � ' interesc in the Property�sr athec matpri�4 i1n��, ent af the lien created by,this Security Ir�uument or L.enders security ; +s �
<br /> `�'�• interest. Bormwer sha�ltso be�in,def,�ui;,r►f�mrower,during the toan appliratian prace�c. gave materially fatse or Y `'
<br /> �'='"�` � inaccurate informaiian a�t�tatemetlt�,to.1,c17d�t?�pv faited tn provide Lender witb any materia!informarion)in conrtection with . � ,`j'•
<br /> . �. '::�-
<br /> �`. the toan evidenced by �e,Nate,.includ'��-.h��aat timited to, representations conceming Borrower's occupancy of the _,;.; ,;.,�.',>��
<br /> . 4� Property as a principal rqs�dence, If{hi�,S�:p�t�S•Tnstrument is on a teasehold.Borrower shali ramply with all the provisions a.� :.� �'- �,;
<br /> `��'��';� - of the tease. It 84trowe€acquire5 fee,titli;(n 61r��,°rapetty.the leacehotd and the fee title�+hall not merge unless Lender agrees �°;;-.'`�,-
<br /> .�'��°. . to the merge�itt i�rieing;,;. : ._
<br /> ' � ��. ` �. Pr�m of:l.�wdt�s's Rig�i�:in��se,Property: If 8orrowcr faik to perform the covenants and agreementti -. '`,= �:��
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<br /> . F �; �'" C6A1dlIICd ID t}US CQCS21':�Jl,(nsUU�e�i..nr,��tCt��s a legal praceeding that may tiigni�cantly affect Lenders rights in the —�-:�-�� _
<br /> . • ��y Propetty(such as a proc��din�in 6ankrupt�wi g;�obate,for condemnatian or forfeiture or to enforce laws or regulation��1,then , . �:��_•' _
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<br /> ;;::;,.,;. �:,;�� � Lender may do and pax,tor orhatever,iy rtet:erxary.to protect the value of the Property and Lender's righGc in t6e Property. }�._. . , 4
<br /> r�;;;;:;;', =..�;t-:�:^ I.ender's actians may im�ude payin�.any„s�amti;,secured by a lien wbich has priarity aver this Security latitrument,appearing ,'�'
<br /> . 1'7i � z• t�
<br /> ";,:.�1:,.;t�� in coun.paying reason;�le,attomeyti fee;an�enteFing on the Property to make repairti.Although Lender may take action ' �,-- �� i
<br />_ '.;,,;;:?t• '•;,•�;.; , under this paragraph 7,�ender.does not lha�r��r do so. '
<br /> ''�" �;' �• . ' Any amounts di�rsed by Le7der,und�;thi�p:uagr,�ph 7�hall hecome additional debt of Barrower�ecuretl by ihis • �;;- _ •
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<br /> .r.�; :' : • ��' ` Security Instrument. Untess BoRawcr and�d,r„sdGr agrce ta nther termc nf paymcnt.these amountti shall bear interest from the � �r:_
<br /> �'•�•'�';,i; �i T` �. :� date af disbursement at.i.he,Nate rate vnd„Fht�i!he payabte.with interert.u�n notice from Lender to Borrow•er reyuesting �.,, ;�
<br /> :�;� s-;;�.t :�� paYmem. .
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<br /> •'��.��_,;:L`. � '�'�- � °` S. MQr1g��fns�,�raRCe. if�.rnd�:t;�tKquired mortgage intiurance ati a condition of making the loan secured by thi!� �
<br /> • • TM • ' Sett}rity Instrumen�&:�trawer�'ta!!p3y ihqjprcmium� reyuired «►maintain the mortgage in,urance in effect. ff, for any -�t� `
<br /> . � . �' a�_. . �
<br /> •.:�c,: rea�An. the mortgage 'r=ssurance a�ver:�ge,r�yuired by Lender tap�es or cea.re� to he in effect. Horro�ver�.hall pay the . •�`t: ,•
<br /> ' "' prerniumc rec{uired tv;��Stain u�vcrage rut�ytamiatly eyuivalcnt tu thc m�rtgage in5urancc prcviou�ly in effect,at a cotit !l`�� �`.
<br /> '��;;*: � �'�`=r', ��; � �� salsstantial{y equivaleni:(o the.cotit to R�nqwcr of the me�ng.�ge in.urance previau�{y in effec�frum an altemate mortgage ' '`�%� '
<br /> '� ' � '�� � J ..., � insuter ap�+rovec!6y l.ender. If aub.r�aniutf,�l�uuivalent mongagr intiuranee coverage i�nat av;tilahte.Borrower tihall p�y to ;�����.
<br /> ._..;.,:, •.
<br /> � Lender each manth a�.�m�equal tt►nne-twrsktth uf the yearly mortgage in.rurance premium heing paid by Barrower when the , _� `.:��``:.�"
<br />.� .' - - : insurance cotierage lapsed vrcea�ed tc�h�;it��:Ffict. Lender evili accept.u�e anJ re�ain thc+e paymentti as a Iass retierve in lieu -• .
<br /> , ��- �'> '�+' of mortgage ensurancc. Lati�reticrvc�►�,ff"entti may no lorrgcr be reyuircd. at thc�ption of L.cndcr. ii mongagc in�urance .,
<br /> � !��.:,. •:.-� coverage lin ahe amau�t3 und faa�he Re�icr�`i thai l.rndcr rrNuire+►provid�d Ay an in,ui�;r appruved hy Lcndcr agaen hecomes �
<br /> �'� avuilable anJ i�ebtained.Borce�wcr.�}ial)So�y the premitum rrquircd tis m.s'.r.;�:n nicn_age imur.mce in eifect.�r to provide a
<br /> ��" � �'' ��� '. ' �oss reserve,uRtit the c�yuirement fue inti�tlbJ�'e inkurunce endr in accorda�:�c uith any�crittrn agrrrment het�;•een Barr��u•er � , •
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<br /> •°,..:.:: �._• and Lendcr or�pticabte taw. • ..
<br /> • � ' ���;��, �- 9. lnsge�:tir,!t..,l.endet�?r ity uzcnt,may makc recnunaM::cntrie�upon ar.d impectiom uf ttrt?raperty, l.endcr.haU �
<br /> ��':; �':';;'�' ive E3orrower rtcnix:,t tre tim.a t>f as rin�,tu�n inti clivn r �if in�rusiu�nable cau•4 f<�r the in. �Iiun.
<br /> •. ::.,. g P• (M" P�" Y �. Pt' • . �
<br /> 10. 4on�entnaiirin. 77ic prc+cccds�►y'any aw:uJ ar claim far damagc�.c:ircct ur con.cyucmi�il.in conr.et�iun.�cilh any `
<br /> ' Sm�IcFan�il� ;Yaanir�tae,�Yrddlr�lacl'�IFI)NS=(�ti'(Ctl�tl:VL••t'mt��rm('u�enr�u. 9i90 rp�t,<,r.tnp,i��c�• j � � � •
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