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<br /> — opticm.ahtain.saxlrage to pmt�t Lends�'a rights i'n We�coparty in a000rdanoe wiW g�grnpD?. ° , � ,
<br /> - ---- : ;AiI lasvrauce go3ici�end m�+ewals shall 8e emoe�tabia to s.ender a�zd sflal�insiud�a 5'taiedard mortgage ct:uue;:Lender `
<br />-- � , °sflatl t�ave the r��►tto hold�ihe potide3.and ienewals.If Leader ieqaires.Bomaaer sLatl pmm�Y 8ive to i�eadea all ra�cipts of:`
<br /> - �aid pieffiiums a�c1 rere�val uoi�cp.In.the�aven3 of W�s,Bo�rawer sha11�ive�rotapt iiotIoe W.tite tusmm�oe eerrEer aad Lepd� —
<br />^ Lender iaa,y m�tce pmuf of loss if+�s made ptnmptly by HortowP.�. ' . ` '� , " � .
<br />-- -- — I- --- `�-- ---- `-iJn2��.+�idermfldBom�tveothea�rts$e�taeurwrituug.�oepro�.ssi��eappliedturestotatio�or�+ep2ir�ft8t_ _'__ ___----------- -----
<br /> - Propezty dmoaag�ed,if tha resWsatiiaa or repair is eeona.micaUy f�asible an�td I�ader's soaicity is not te�ned.If,tD�restomtion or —
<br />:i' � e+epair.is not.000anmica}IK feas�'b2e or I.euder's seauity wauld bs Ie.ssened.the ins�anoe pruceeds st�all�e app3ied w i�ee sams _
<br /> secute�t By tiiis Sec�.dry In��ahether or nnt tliea due.wIth any exoess paid W Bor�+ower. If Bonuwer sbaadans the �
<br />- - Ptu�r,or does a�tt�enswer a+itl�a 30 dgjrs a notice fmm Leuder tha3 d►e insurazuoe rarrier,has offered to s�ttte a c1a�n,thea�
<br /> Lender may oolt�ct the insuraace pm�eeds. txader aray use tne pmoeeds�w repair or resWre the Pmperty or w pay sums
<br />- � secvred by this Sea�rity�t,wheiher or uot thee�dne.'Rie 34�d�y pGriod will 6egin arhe�the aotiae ls givea.
<br />-- . unIess I.ender sad Hm�rnwer athesari�agrce ia writiag,any application of psureeds ta prinGipal s6aU nnt e�or —.
<br /> '' postpone the diie date of the mondily payments refec�ed ou in paregraphs 1 and 2 or c8ange tt�e sncouat of the payments.If � �
<br /> uader pa:agrapb 21 tIIe Praper�y is aoquired tiy Lender,Bomawer's right w aay iasutaace pofic�ev eaa prn�eds�uiting from
<br /> _ `� dam�ge w the P�operiy prior t�the aoquisition shalt pass to Leader to t�e extent of tts�snms secvned by this Sea�rity Instrumeat -- -
<br /> _;�•�=_;,��� _ ----
<br /> �-,:�--..` �xY D�to the acgaisitian. —
<br /> � .�''�`�;-Y�' ��. a .'� 6. ,Preservatton,Msinteatinoe sud�h»tecBua of the Pt+n =s.—
<br /> �:'? ° . � �'tY`+Boimw�r's Luan Ap(tlt��Leaschn2dq. _
<br /> ��;�°}�r�_.�� Bosrower shalt oc�npy.esqblish,emd use the Pmgerty as Borcower's p�ncipal t+esidence wittt�iin siaty days aH�tk�eaeattEon of �` - --- _
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<br /> ,.:„. ,,�,_ this Secarityr Ins�uiaent auQ shalt oqnti�e to aa;opy t3e Pmpezty as Bomawer s psinc�l residen�e for at least one yeas aRer ---
<br /> �{ . Y �'e Ne date of aca�pancy.unless Lcnder otherwise agraes in writing,whiah oonsent shaU not be uamasonably witbheld,or unless —�.�_
<br /> - ;;�;���:� r=:.:��'` exteQUating cu�umstaIIces exist atuch are beyoad Borrotiver's oontrol. Bomower st�all not destmy, datoage or impair the ��«.
<br />- .:•�"'•:.� _ pnu .alIow We to d�eriorate or oommit waste on the Pro Bormwer ehall be in default if forfcidue ---_.-
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<br /> ��,�,,_:,: •: � PenY ProlK•ttY . pertY• a�► =°=_
<br /> `�.�iE•.�: .� - ' : acxion or begun tLat in Lender's gaod faitL judgment coutd result in forEeiwte of the �_-
<br /> - _,,.4.�,s,_. Pmaeeding•whether civIt or crimi�l,is �'���
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<br /> ;�� .'. , .`t�";' PraPcrt3+or othe�wise materially impair We Iten created by Wis Security Inswment or Lender's seauity iaterest.Borrower may "_— __����=
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<br /> :����; : '-, . '' ewe sue6 a defaWt and ceinstate as rovided iu b 18 b the acKion or mcee�in to be dismissed with a mlin
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<br /> _, :��.;.-��_-.,:;�-�;, tnat, in I.eadc�Ps good faitb detemiinariam, pr+ectudes forfeiture af t�e 8orrower's intenest in rAe Property ar other mateiial � ,-�--
<br /> . "'�.`.�..'�`;�<��r':.`�, t of.the Uen created b this Seaui 1nst�ament or I.�s securi inte�+est. Bomowe�shall a�s��tae in default if ' �-�---
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<br /> .:;;•:i-tis"„�';;;��'yf��� B�wer.during the Ioan aFglicatIon pmoess.gave matesally false ar inaccurate infaraiatian or st rp„►e�±i�tn,�der{or�ed �•:-_�=
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<br />_ °f�,�i=-•a���'.�i!F�+fl�,iy ZO�1pVlda Lender with en�.m�erlal iaformarion)ia aasa�ection witk t�e loaa evi�d by t4e Note.includi�$;but not Wnited `'r�`_��.—
<br /> ''s��>>��4����:�+�����•�: to resentations concemirs t3orrower's oecu of the Pro �s a ri residence.If this Securi Instn�ment is on a ';'.��'••�'
<br /> •�f. ,���'�.-t,:`h�;i 'teA t3 P�►�Y Fe�Y P �P� tY ,, � ,s��
<br />_ � ,.�.::�..,�= leasebo2d,Bomowes shall comply with a!1 the provisions of the te�sa. If Borrotiver acquires fee title to the Pc�nperty►. dta r�;.,. .�."':��i;
<br />- `�. t`�s'` �� ,'c}�f teasehold and the fee dde shall not merge nWe�s l.eader agrees to the merger in writing. • • ��' �.
<br /> 9.PmLedlon oYLeades's . �� �;��-
<br /> Rigdts in the P�+operiy.If Borrower fails to perform the covenants and agreements coatained in .:� �;� �,1�:,,�.
<br /> . :: this Security Instrument,or there is a legal praoe�ding that may significandy atfect Lender's rights in the Propeny (such as a ti;:.. ., ::. �•„ .,.F�'i"
<br /> 1�. ' . -��•a proceeding in dankruptcy.probate,for mademnaHon or forfeitune or to enforce laws or regulatioas?,then i.ender may do and �: ';j��:a;:�;'�
<br /> t ` .� '';`"``� pay for whatever is necessar�+to protect t6e value of the Property and i,ender's rig6ts in the Fra�s-ty. L.ender's aqions may ., � ''`:-�`4t�?:'��.� --
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<br /> _,, � ; include paying aay sums secured by a Jien whicb has priority over this Security Instrumeat. z�ring in court. PaY�S :;'j J;};�"
<br /> '` , � ; �; +� reasonable attomeys'fees and entering on the Property w make repairs.Although Lender may take action uader this paragraph ,.,. .
<br /> ' : ,` � , � . 7.Lender does crot have to do so. `��, .�,'.,;�
<br /> ' ,'��x;�,;,�f��_; �;` � Any amounts disb�6y Lender uader this paragraph 7 shall beoome addidana! debt of Borrower secured Dy this `.� ;.��`,t;�t;�`.� � ..
<br /> �:����:�`'"�`t:� Security In4u¢c�tt. Untess t3a�rower and Lr.nder agree to other terms of payment.these amounts shall bear interest from the ��i�='ti�,Y�`y`•`-��`"•� =
<br /> 'c��d_;��i c.�i -���.d'�•SP.���..�c.:__.:__.-
<br /> -� '�����:;^;,��` date of disbursement at the hote rate s�shall be payable, with interest. upon notice from Lender to Borrower requesting ='�'_:.-`=`.1��,�=• .,.
<br /> :"��.',. � , payment. :�;�t`� . � �' .;'. "
<br /> ,'._::���y�{;''• . •� 8.Mortgage Iasura�If Lender rcquired mortgage insurance as a rnndltioa of making the loan secured by this Socurity .L�y:r • . -; .: `�
<br /> Instiument. Borrower shaiE a the remiums uired to maintain the mort e insurance in effect. If. for an teason, the �''�''';'� ' �' ' �'' '�
<br /> - : 4• .,'••.,:.- ,.•� .,•;.,:. .: P Y P �l 8aS Y ..,1;. .•';�.�_s .
<br /> `•� � ' ���'°��� mon e insarance cove e red b Lender la ses or ceases to be i�effect. Barrower shal! '� • � �� ''
<br /> . � ._�a .;�;:... . �..,:��: Fa8 �b' �� Y A PdY thc premiums requl�[o ;:.::� �_':•`.�.i�ktn'��;'��,., :
<br /> � '�`�'�� obtain covera e substantialt ,�va!er�t ta u��mort a e insurance reviousl in effeci.at a cost su�stantiall � •'��r
<br /> .:` :` _ . . . :.,..t;,: 8 Y ecE � 8 � P Y � Y e4uivalent ta the s,�:,. : ,,t.,4,�� . .
<br /> � �; -,- � ,,,;:;�t,'r, cost to Borrower of the�art�e insarance pre�ioruly in effert. from an altemate mortgage insurer approved by Lernder. If �•:�.:` . •
<br /> • � � substantiall �vatent amrt insnranc�e covera e is not available.Borrower shaU ''"�' ' �
<br /> _',,�4.., , ,<. : Y eqii gege g paY to Lender each montlz a sum eqna!to t`.;�;, � .
<br /> ���<=•��� � ;,«;�"'.. '- `
<br /> r.'= ..• ` , t; one-tweltth of the yearly mangat,e insnrance premium being paid 6y Borrower when the insurance wverege ta.psed or ceased to �' , .
<br /> 5x;.. �:�
<br /> � ���� ,:•`'.' :: ';:,�_',•.;;, be in effect.Lender will accept.use atrd r�n these payments as a loss reserve in lieu of mort�;e insuraace. Loss reserc•e ' ���_�. �
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<br /> � I� : ::S;;.. Form 3028 9190 : •.
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