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<br /> - . ;�` <, 1.llr�.l�l�i.■i OIYr��i�ae+a Lrl.[�rt�.Hormw�et sUaiu fn�e an;,op�a�remad.c oa aie�P�io�aty,�now is .
<br /> inwtanoe. 77�is in�ao slr�U be tmuintaia�d_in the ansoaus aad;fa the paiads tb�t I.eacler_tequues. �o�mwq•stnll also
<br /> � iowta at1 imp�wements no the Pn�percy.w}�Cj�ier nuw ia�xistrnce or subsa�[Y��.�l�bY���to thdficGa�t.
<br /> `rapind by t6e S�aeary.`All it►s�uanoe stiai�6e curied witb oampanies apptov�od by I.eifdet:`lbe iaw�anot.poTicies apd 7Kty..
<br /> reoewats shall b��heid 6y I.ada md s6�11 i�lude toss poyaWe cians�s in fivor ot.�ad in s form xoepti6te at.Leader.
<br /> � In th��:vent af loss;Bonower shall give Laider imrtiedi�ta notice`by ma�. rt.eoder may make pra�f of toss�not m�de
<br /> P�'�P�Y bY�Bonawrcrlf�arL i�asmp�ny oon4emed is ha+eby wthorizod ard d'�mted to maice paYmenC for sucb loss
<br /> d'u,cet1Y tn Isnder.iatt�ad of w.Bormw4r ancl to l�ndec jointly. Ali ar arty patt of the iawsatsce prc�000tts may be applied bY
<br /> lsn�er.at its uption,eitLa(a)to thc raduction of tlie.ir�debtod�es.s uoder the Note and this Sowrity tattrumea�.first to a�ry
<br /> deGnqytat�mourts�PPtiod in tbt oNer in p�ragraph 3.�md thp�ta p�ymeAt af princip�},ar(b)to Ehe r�stu�ati�on ar rep�ir
<br /> , of the danwged PropertY• AnY.ppplication.of the pmc�ds to tbe pliacipal sit�l not,extend or postpoa�e the dae date of the
<br /> : ��X P�Y�S!!�whic6 s�+e referrt�w iq Qar,�apf�2,or c�ge the unwnt of such pa�rmaus.Any ewess iasur�oce prcxxeds
<br /> __ - mra an amount mquited ta p�y all autstanding.iadebtedaesS unde�r cbe Noce and this,Se�vrity Instnuaent sh�U 6e paid ta tde
<br /> ��S'�Y ea�tiitted thereto.
<br /> - -. , In tt�c avait o[for�eclosure of this Security Iastrumcrrt ar otimr aansfer of tide:to the Property tiru estiaguSshes tde
<br /> indeMednss.all right.tide and interest of BormwCr in atd to iasura�e policies in fone shal!pass to the punhaser..
<br /> .c 5. tlasp�acy, Reee�vado�. bl�tapmte�and P�otect�oa ot tMe.:��: ��'s i� �P� . '
<br /> l.auMli. B�e�sl�a!!oocupy,estabtis6.and ase ibe PropeRy�Bocrp��s�;�,x►nciPai Tesidence wi(6in sixtY dsYs aftt� .. ...�:
<br /> � ti�e e�avtion of tbis Savrity lpstntmcnt and shatl c�antirwe to axlc�y,tha Pmpert�`�:s Borrawe�'.s principai zssicknoe for ror,�; . :;�.
<br /> ane yar afte�the date of accupancy.wiless ti�e Secretary de�nt�t�is rcquirement wil!�e nndue 1�ardsbiP far Aor�ii�er.%: �,� .
<br /> -- or wiless.esta�ating ci�cumuanoes e�dst which art Qeyoad��B'ot�wer's vontrol_ Boaa� shall notify Ixnders d���i. �
<br /> -= . _ e�ating cireumst�•N� Bomawer st�ail tu8 c¢��.�:i+r,d.��vY.damage or substantially change tbe Propeny.,nr:.�� -
<br /> --- the Propetty to deteriorate. reasoroble weas a�i:�..�er,�"�'�ider may inspect the Ptoperty if the Property is vacan[or - _
<br /> _- — abandoned�r the loan is ia default..Lender ma�::� ��'�ion to pratect and pn�serve such vacant or a6andoned`
<br />- Property.�orrawer shall also 6e in default:if Aor�iwer,dn�ing�li�att appliqtian p�acess,gave materiaity false ur inaccurate
<br />-���'�: infomm[ion or sratements to Lender(ar fa�'ted to grovide Lendei with any material informaqon)In rnnnection with ttie taan
<br />-•__:?;- evidenced by tLe Note. including.6ut not limited�ro�:;.repngentations annceming Bomnwer's occapancy of the Propetty as a
<br /> = Principat residence. Ii this Securiry In�trumem is ai�lydsehold. Horrowes shall comply.with the provisions of the tease. If
<br /> _ Boaowes xqaires fce title to the Propercy.the leas�toid and fee ride shall not fre rtterged uales.s Lender agrEes to the merger�n
<br /> =M;-: — writing.. . . . . • .
<br />-i�• �> .
<br />;".:is'� •. , 6:t�agea to Borrowa And Pc�ection ot Lendec's�.in tlx Prapnty.Borro��et shall pay aU govemmertt3E or �
<br />- muiriapal cbarges. fiaes aad impasitions that are rtu��i�st'ut�d.ia.paragraph 2. Borrower shall pay these obligations on time �'`
<br />� direcdy to the entity which is oweA the payment.if faiture to�.y w auld adversely affect Lender's interest in the Property.upon , a�`
<br /> ' Ixnder's request Borrawer shall prompUy furnisb to I,ender receipi�s•evidencing these payments. `_.
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<br /> If Borrower faits to make thesc payments or ihe payments reguired by paragraph 2,or faits to pedorm any ather cavenants -
<br /> and agreements cantained in this 5ocurity Instrument.ar�here is a legal proceeding that may significantly affect Lender's rights �i
<br /> - , in the Property(such as a proceeding in bankruptcy.for candemnation or to enforce faws or regulatlons).then I.ender may do -
<br />- . _ and pay whacever is necessary to pro[ect the vatue a�the Property and txnder'4 righ�c in the Propercy,including gaytarnt af �i;�
<br /> . laaes.haz,ard insurance and other items mentiot�f in parag�aph 2. ��-
<br />� - Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrawer and be stxun:3 by �'_
<br /> ~ ' this Securlty/nsm�ment.These amoun�s ahall beas irterest fram the date of disbursemcnt.at the Noie rate.aad at the o�tiun of
<br />``� "' Lender.shaq be immediately due aad payable. • . --
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<br /> � 7. Caodmm�Non. The Qrcaee��i�flf any award ar claim.for da�nages. dir�:ct or cansequential. in oonnectioa witf�any �;
<br /> _ .candemmtion or other taliing'ot'�u�part nf the Propc�ty.o�t`or ronvc.�y�in place af mndemnation.are hetebg Asssgnod and �_
<br /> shall bc paid ta Lend�r to�A.e exterF oi the full amoun�ot the indebtedness that remains unpaid under the Nae and this Security ,.:
<br /> �;•� in�trument. l.cndcr stnl!a��y's:��tt�:roceedc to the reduction of the indebtcdness uncies thc Nnte and this Securiry lnstrument. �
<br /> � ,r. fimt to nny delinquent �wr,css:r.ts appti�d in thc nrdcr providcd in paragraph ;. smd then to pmpayment of principal. Aay
<br /> application of the procc�,t.S�ta cty�p�tuipal shall nat extend ar pnytp�ne the due date c�f thc monthly payments, which ate
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