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<br />- �Y ;�dads tAnt�.estder requtces.:'lrie i�tuua�cc��tier pmvididg ths�ris�in�e stisl�sb�.acf�smu b��.f e�t tQ t�eud�:� . - _-_
<br /> --- . • rovsl whtcb shs11 not 6a�w�aspnabty w�ithheld. if 8on�owcr.f�4Is t�aa�nSBJx[�o�ac��sat��aQo�.I:ende�ota�c.et
<br /> - _�_`_�_--��.'���aL�c�:�sr,tge to pn+ol�ct l.sa�:r�i rlght�in th� i� "�d����.. —.__Y------- - _—
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<br /> _ _�: �' . Ai!iastuanso p�llcies.ut�d aenewals steali�ucceptoble to I��anr�s1�:i�ctu�.a scau�d.ud�n�Socicwsc. i ender _.
<br /> _ ;'' ehat�tinve tha rtght co Aold tt�s palicIes an�renewais.:It i:eader n�qttttes:Hu�q���t�11 p�t�pxty�give c�Let�er all reee�tia. -
<br /> ��� 'of paid�Cniums aad�e�aawN natiaca. in ehe dvent ot toss�$aqc4wec e�(g�v��na�t nciece tQ.t�4 insuranca eauixr and�
<br /> - — --+ '� Lender. I�endermay a�e proof oYtoss if not rteade pmmptly by$oirnw��,. •�
<br />_ _ ° � UnIess L¢nder.�d Bo�msver offienvise agre�En Wttting.insurance�ds:shatX.h�applled N.�estaraHan or regaii of .
<br />=— �e Ptapeaty Gamaged,if tne s�astoratton or�egair ia e�:onomical�}f�iD�st�aad,Lcnd�ec��security�is.not�ess�ne0. If ttce
<br />= zesto�ioa orrcpair is nat ecoaomicaliy feasib2e or LeaQer�securhy.wat�2d,b�.leaseneQ�tte�.iastuance pmeeeds shall be �
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<br />- �--- - .
<br /> _ _ .-�'--- --ap�iiet�t�ifla swus s�-by�tis��trity tnsitumen�wie����the�:ttc�:widt'�F•excrss-gaid to-$at�awer�-Il-- - - _. __. ._ ._
<br /> -_ Bomower abandons the Progerty.or does nut austyer wiihiq 3Q,d8.ys a.AOioo��fi�q[t�1.�Ade1�:tlt3t.tht.inc��rsmrA�r� __
<br />- ±^� � - - offef+ed fo s�itta a etai�n.Wen Leader map coltec�tQe Inseuance prac�ds�,.Lersde�maX vss�e pmmxds ta repair or resto:e - -
<br /> _-- �-'��:�• ;` the Pta�perty os w pay suins securEd by this Secwityt 1nst:umetu.whetttet arnot the[�dtt��The 30�ay peiiod will begin aflett
<br /> tae notie�is given. :
<br />- . Ualess I.�nder aad Borrower othetwise agree ia wrIti�ng,any ap �u4at�:of�pzoveeds ta.princJpa�l sha11 not e�ead or —
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<br />- .x •postpone the due date of the monih3Y payments iefened to in paca�t�p�:J ar�d.2 or change the amuaat of the payments. If
<br /> under Raragrsph 21 the Pmperty is acquiied by Lender,.Bonawes�s'rigt�;W:any.•insurdace poiic@es and psaceeds resuIting
<br /> _ _ fmm damagc co dte ProFE�Y Pnor w the acquis�sion shall pass to I.encl�k W.the�exteni of the suazs secured bg d�is Sectvity
<br /> _ . ;,'_�:;' _ InstrumeaLimmediately pxio:w 8►e acquis�'iioa.
<br /> • "`"� 6. Qccv�ant�.Preseeva$on, Matnte�sne2 and P�+utec�foa��f,�the�Pt�,.BosoQeer's I.oan Applicatiau;
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<br /> ��:` �:::__�=:.• � .i.�nid� Bomnwe�shall occupy.establish.attd use the Ptoperty as 8amntver�pziiuipel xesidence�vithin sixty days aRer
<br />_ '-•�`•�.:��� :::,:r�. , the execution of this Sec9uity Instrumeat and shall condaue to accup�tt�:3'top�rty as Smrower�s prin�ci�at residenoe for at =-- _ -
<br /> - {�+a�^��•. teast one year$fter the date of aocupancy, un2ess Lender oih�nvis���es_in,writi�: whish c:onsent shall�aot bo =--- -
<br /> '� ' umeasonabIy withtceld,os unless extenuating circumstances exist.whic�.are beyond Ha�rmw+es§rnntrnL Bm�ower shaft not �'�M.��
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<br /> f r= =�• =��:: destroy.damage or imp3ir the Roper�y,altow the Ptoperty to dMeriasat�or commit waste ou tht Fcopeny. Botrower shall --_-
<br /> �'�..:.,�'` �-: ' . be in defaWt if�nny foifeitvle action or prooeeding.whether civii or cciminai,is begua thai irs Les�der's gaud faitD;sd�tent- _- -_-- ---
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<br />- ��'�`- ' -- - cautd result in forfeitnre of the Aco or oiheiw3se materiail tttt°liex�.ctrute.d.b thus Settui Instrument or - -
<br />_ �,,,.,:,.. , � PcrtY Y imrpair: t Y ty
<br /> � :� - • - Lxnder�s security interest. Boirower may cure such a defa�ils and reinst�es proi ide�!in pamgra�h 18,by causing the actiort -_-
<br />- - or pmoeeding to be disu�issed witD a iuling tdat,in Lender§good fsuW detenni�tion,Pracludes fotfeiture of the Borrowerk
<br /> ��,;Y. � �_ intecest in ttte Ptaperty or other materlal impaument of the tiea cieate�.by this S�cwiry Inguument or Lender�secur�ry —
<br /> ,�- • intec+est. Bomuwer shalt also be in defaWt if Borrower.duric�th�.fmn applicadoa pcncess. gave materiapy fatse o�
<br /> •• , inacacurate infonnation or statements to Lender(or failed ta pravid�E.ettdet with any.aiaterial infonnation)in oonnectiaa uvith --
<br /> ina cura
<br /> : . the loaa evidenced by the Note, inclttding,6ut not lunited to,nepmsentations concerning Boanwer's oocupancy.of tha w�;��,��,::�.�^—
<br /> ' Ptoperty as a priacipal:esidence. If Wis Secuiity Inswmene is on a leiuehoi�Borro�ver shall compty witR sU ths provisions m:�>>=::;.---
<br />--' , • c. . . of the lease. If Borrower aoquines fee titte tn the Property.ttte te�.ce�old 2�die fee dtle ahall not neerge untess Leaderagrreea . �••r�'�
<br />- - -. to the me�r in writing. • "19�`�"�'__---
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<br /> °��� �, 7. i�+ntection oF LendePs Ng6ts in the Property. If.Burro�ver fails ta.p4M'mm the covenants a�d agreetnenta -� -��n�-��
<br /> :' � contained in this Seauity Instcumen�or thece is a Iegal pmceedieg,tb�t,tnay significuntty nffect Lertder's rights in the � � ��=
<br /> _ '::�=�,:`.':. =-' �'` Ptogerty(such as a pmoaeding in banicniptcy,probata,for condemnatio�or farfeiture or ta enforce laws or regulutions),then ' s � -
<br /> •''.=��°: •` �'• Leader ma do and a for whatever is nece m rotect t3t�vatue�of the Pro � .':-�'��°-��
<br /> - , ;�,;_,;,:., •;"°•.: Y P Y �Y P P�Y and Lendex�s rights in the Ptopetty: .���--
<br /> '`'` � t'����0.%""`s` L e n d e r k a c t i o n s m a i n c t u d e a y i n a n s u m s s e c u r e d b a l i 2 a�v h i.h h a s r c o r i o v c r t h i s S e c u ri t I n s tr u m e n�a ' �=•-'�`�
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<br /> : : �2:_ ;�"u�;�a;�;� . in court,paying reasanabte attameys fees and entering on the Pcop�rty.ta make repairs.AltRough l.ender may take acurnt `'�`•`•��
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<br /> ':.:A:::, :,�� � .'-.,z��.�sc,,: under this pamgraph 7.Lender does not have to do sa� ;'�•`:,`:��i i�,..,.��_-
<br /> ..::;s ti�'.<i Any amaunts disbursed by l.crtder under this par��aph �shall�become additional debt of Bomnwer sacsuied 6y thia ,�., , _��;.,t�,!;�`r;:����_
<br /> � • s �:�;- Securiry Instrument. Unless Borrower and Lender agre:eo olher tetrag of paymertt,these umounu shall beaz hu.�mst from the ;; � ` • � '�-
<br /> � �;;:.°;.�: date of disbursement at the Note rate and shall be s�53:,�vitfi irmerest,u a notice from Lender to Bo���:s:e uostin ��°,:;;,���r•'";
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<br /> ,� • paytnent. ' ;,:.i:;�;�;�,.�,j' ,--
<br /> ' - _ � 8. Mot�age Iasurane� [f Lender requued mortgage insurance as a condition af maIcing th�ta�s secured by tlris � < ;`�� r��r� .. ;:;;
<br /> Securtty Insuument. Borrower shail pay the premiums�equired ta maintain the mortgage insurance in effect. If,for any � ' �''� �'°` '
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<br /> R ,�;�,.;r, � _ reason. the mortgage insurance cover�ge required by Lender lapses or ceases tp be in effect. Horrower shull pAy the �•• ,..•.. • , .:�_ . ,:
<br /> ��. .v?•' ���� premiums required to ob�zan wverage substantialty equivalent to the mortgage insurance previoucly in effect.at a cost �!- ' ...: > • :�,'�
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<br /> ;,_^��_����: substantially equivalent to the cost to Borrower of the mongage iavurance previously iR effect,from an altemute moRgpge _ .:�•_..;...::� . . _
<br /> -�-'-�-�='���r1�" insumr a roved b Lender. If substantiall e uivalent mort a insurartce covera e is nol available,Bortower shult a to . �W.���.T '•�
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<br /> Lender each month a sum equal to one-twelfth of the yearly mongag�in:�urance premium being paid by Bnrrower when tha �
<br /> _ ' . � �� ���` insurance coverage lapsed or ceased to be in eifect. Lender wili accept,use und retain these payments ac a loss reserve in lieu � °` • �
<br /> ;� ; of mortgage insurance. Loss reserve payment4 may no tongcr be reyuired,at the option of Lertder,if mortgage insumno� • • % ' �'• �, � �
<br /> ' ' �°'�• coverage(in the amount and for the period that Lea�r requires)provided by an insurer approved by Lender aguin bccomes
<br /> `• "; � ��'.''_ available and is obtained.Horrower shaFl pay the pre�r+ium9 reqn�a�r!to maintain mortgage insurance in effect.or ta provide a : .. ��•-� �- .
<br /> ' -u:',� ' lass reserve.until the requiremeut for tnvngage insurance enCs in accord�ttcc with any written agceeme�t between Borrou�e� . ' � . �
<br /> f� .. .,l•�� - and Lender or s►pplicable taw. ' � : � .
<br /> ' ' 9. Ittspectlon. Lender or i�s agent may make masonabte encrieb upon and inxpections oi the Property. lxndet shadl � .
<br /> ' '�'�;r ;�; �' give Borrower notice at the time of or prior to an irrspection speciiying re�sunubte cau�e far the inspection. �:$;: • •
<br /> '; ` ��'•`, � 10. Condemaallon. The procecdti of nny awurd or claim for damabes.direct or conseyuential,in connectian with c+ny ��:;:. . '
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