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<br /> - , - t�l!1dOdCt 4 ItlS.`�T1C!1{SApy11fQ Cl�T�G[QlOY�lbt IIK11f711CC f11i�1_OC� '��B(1lf�DWCT�CR[O t.11ldCt$ � '
<br /> . ` t�.aQp�wil�ifiiCh Siv1I 1101'ba Yml�sansbiy w'itllheW. If Btxtinra fails W a7aia�atn COVlrMgC desCd6edlbovG Ll�det�ly.�t ►'_
<br /> Lendei's aption.obsin caver�e co psvtcct L,ender�s tights in the Ptopetty in acca�dancr witD p�groph 7. ,,
<br /> ', ot p�id prc�niums and rceew�i n�tioes. M dtie earent of loss.8amwa shait�ive prompc notiac ca the incura�e can�ier�d `
<br /> I.ender. Iiendei may make p�oof ot toss if not tinde pnmptty by Ho�rower. . , . � .
<br /> Unless Leader and Batrower athenwise agexe in vvriring.insuran�e pracoeds st�ll be apQtied co restar�iun or re�Odr of, -
<br /> the Pi�opee fy danaged.iP the restaratioR os repais is eccKwmical[y fGisiD2e and I.eader�securiry is not tesse� U t`he
<br /> - nsta�tiae ar rtpais is aa ecixwmically�fr,dcibk or t.enders sc�uity waatd be tcssaxd.d�e uu�ce pcocetds sR�il be. < •
<br /> . applio3`to tbe smay sceuced by tbis Secw�ity instsument.whether or nat tiien due.with any eaces5 paid tp Borrower.- If
<br /> Bam�rr abandons the Prape�ty:or daes�not ansvvu�vittin 30 days a notice fram Exnder that the insuamce carrier has
<br /> . attexott ta settk a claim.t6en Le�der iaay ooriect the u�nce pcocetds. I.ender may us�ehe pcaceeds ta ie�eir o':eestoie .
<br /> ;ho prq�exig:a to pay wms secu�ed 6y.tUis.Security Inmuma�wt�er or mt then dua 71r 30-day period wili begtn whdt
<br />--- ilie+iotiec is givea �
<br /> Uttks.s.i:rndes ard Bo�rower atherWisc agrae•iu.writing,any aq�pCkation of paceeds to p�incipot shail nw eatrnd ar
<br /> - _- �as[paQe t�daa da�e of d�c�nthty payments c�fe�rat to in�uag,�apTb i aixi 2 or change tt�e smaunt o�the payincnts. if
<br /> -- and���h 21 the QMoperty is acquited by l.ende►.8orrowu's righc to any insurance potieks and procoedc nsuitiag
<br /> --- fmm d�e to ihc Ptopeny piios to the acquisition shaU pass to l:ender to ti�e exteat of t6e sumc stcurod 6y this Sscuriry -
<br /> ''�, i�sup�eritimmodi�Eely,ptiorto ttxacquisition. �
<br />.=�,;'�, i� Oonp�acy,Ptesen'atio�: Maietens�oe asd Protectioai at tDe Propartg: BorroRer's I.an Applicatlo�:
<br /> - :� Leasd�olds..Hoapv��rhalt accupy.establish.aod ure the Property as Bormwu§piinapa�cesid�eace within sixty days afLer
<br /> ,�'�' tht axecution oi this Sxarity tnst�umpu and sh�+tl Continue to occupy tbe Pcoperty as Satuwers princip�t resider�ce far at •
<br />--� itast aie year after t6e date df o�xupaacy. imtess L.eader othetwise agnees in wci�. whicb consent slall nae be. . '
<br /> -'�= uat�b�y.withheid,ar unless extenuatmg einvm�es e�ist which are beyond Bona+cer's conmol. 9arrowet sitAi!•nat
<br /> _ '� - dest�aj,�m�ge a impair the Frnperty.allow the Property to deteriorate.ar cammit w�e an the Ytope�ty. Bo�mwirr shal!
<br /> ���- : l�in dei3utt if aay forfeiture action a �o whether c`rvil or crimiaal.is
<br /> .,��, procced' g, ixgun th3t in l.ender's good faith judgrrrent
<br />- cauld cesult in farfeiture of the Pmperty a othenvise materiaily impdic the lien created by this Security Insuuir�ent a .
<br /> , i.eader3 security.interts� Bartnwer may cuce stch a default and ceinstace,;�.s provided in paragrapb l S,by causing the action
<br /> — _, .� orpROOeed'mgto 6e dismissed with a ruling t[ra�in Lender:s good faith detem�ination.4recludes fafciture af the 8arrowers- ` ;- ..
<br /> inse�est iri the Ptuperty'or other materia! impairtnent of the tien created by this Security lnstrurnent ar L.ender's security • .. --
<br /> , . _�, h�t. Borrower shaU�a1so be m defautt if Borrower. during the loan application proce�.c.gave materially fatse or �
<br /> ': ;r� inaccurate infors�tton or staterts�ts to�.ender 4ar failed to pmvide Lender w�uh any materiui information}�n connection with = ••�
<br /> `•" `� the loan evider�ced�by the Note. includin$. but not limited to. represeataaQns canceming Bortower's occupancy of tt�e� • ---------
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<br /> •,• „t,;�, Ptapecty as a principa!residence. If[his Secusiry Instrument is on a l�flId,Borrower shall compiy with all tlm pravisions
<br /> ,;f�"•-;,;�; '• � of the Tease. tf Bormr�er acyuires fee title to the Property.the leasehold and the fee tide shall noi merge unless Lender agrcec , ,
<br />;,j`:;�a,�_ to tJie merger in�iting. • �
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<br /> .;,r,,,,,+r ,,:�'i.,:,:.7; Prdection�ud�l.eader's Rights ie tht..Pro�� Lt Bptrawe�-;€ac'fs t4 perF�nn the covenant5 and agrecments
<br /> ;;r4:°,r`� � ' :aast?:,�.�ed-in this Secarity Instrument. ur theFw:'is�i�����i�:;�"t��'i•l��.s,•rn:ay si�ifcca�tiy affect l.eindes's rigfitS in tbe•:.� , �
<br /> , ;�ic�„ - �tx�;-=:-
<br /> �,; `: :•.P`a�:ty lFUCbas a prviceeding in banknrptcy.;ro.a�;e:.�ar e��r��'rnaatic��ti1�,.�iEare�rc��e�t`arce[a�ss or reguis�tions).then�.
<br /> ' • ±E:aa�:�pa do�anci fot whatever i.c neees. ta cvt��the v�lue c��d�Fro ' �'"���
<br /> :.` Y P�Y � P p,e:��;.�d t.ender's right�in the PropeRy:�
<br /> • . �.��.s actions may,irtclude paying:u�y sums secured by-a tien which hai�;prtoricy-�::w`ti�ia Serurity(nstrument.appeaang• " ':1,`,�`��_;
<br /> , '� �'iai o`i�.:paying n�svnable attomeys'feeti and enterins on the Prapeny to make ce�-��c�a.�thoagt►Lender may take action r���`j,Y�'��•":
<br /> � - � aie�:i this pamgtny}�7��:ender does not have to da xo. . :, :-:''�;;:.'�"�:':`
<br /> : Any amour�t;cti�byrrsed by I.end.r under thi� parugraph 7 shal!bec�Ere��diciors�l�rebt of Bocrawcr secured by this ';,=:�'-:1:':""' _
<br /> � ", Sec[ttity lanrnmen� Utsless Borrowcs and Lender ugrce to ather tcrms of��rEt,ii�ese amounts shall bear interest ftom thv. `:''�:?P,"�c,_�-,:"_.
<br /> ' . � ::. d�e of disbursecnent�at the Natc rate and shall bc payable.with interc�,1,r..q:+��:Q,trc�from i.ender ta Borrowcr mquesting 's.,;::`;�`-:�`
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<br /> ' - ' :•:�u M Insursmce. tf Lender re uired mort e insarance ac a cond''� �s3 n�akin the loan secamd� � ts' *'�� '•'•�� .•-="
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<br /> • $�u�sy ImtNment, Boaower�+hall pay the premiums reyuired to maintain the mortgage insurance in effec� �f.•3or.any _,:,, ;.�,.
<br /> -:��-• , - rea.�iln. the mot�gage in.ruranrc covcragc reqnimd by Lendcr lapses ur cea.ces ta he in effect. Bw�mer s;ralj;s�� tlie �
<br /> - prcmlums reyuired ta obtain rnvcr�ge �ubxtantialiy eyuivalrnt «� the mortgage insurance previous�i}�in:effect,,�:a i�ost� :' � ".�:'�•`'
<br /> . sutntantially equivAlenl to the catit�a Borr��wer of�he mort�age i��urancr previ��u�ly in effect.from zrn,aitema;a mbrt�gd.,�• ' .`:,;,��„��`,'~ .
<br /> , ` ' insr.qc approved by I.ender. If tiubswntiaity equivaleni mprtsagc intiurance coverage i,nnt available.Bacrou�r.tifialt:p�ay9 iq� . ���;;'•,;•r;;:'tiJ,r
<br /> r L.crider each momh a sum eyual ta onc-iwclflh af Ihe yr�.n.:: :nort�age insurancc prcmium Ueing paid by�o'erawv�;a�hen�tha-• •.� '. �'"�—
<br /> �i; insurance caverage lap.ced or cea�eQ ta be in effect. l.end�r�ill arcept.use uad retain these payments�y�5:,���ia�er��i�ditu� ; ''�' �'�"�
<br /> � •�• of mongagc in�urance. l.a��re�crve payments fiay no todget be req;�::e:,':;�e the aptinn��f I.cnder.ii�mni�gpfie'inyumnse. ;'�..; . � •- �"=
<br /> +� ��;�i . � coverage(in ihe amount and fur thc period that l.endcr rcyuircti)prav"r�t�3 E���un inrurcr uppraved bp� �c�rder again becom:e ; �' �;r�! '�� �• �
<br /> • av:.i�ble and is abtaincd.Borrower tihall pay the premiums s�qVired to ma3ntain mangaFe�nsuruncr'rn e:tew�t.ar ta prrn•ide a�• . , ' f`'..�:' �'";>;'�� �`
<br /> E�s��serve.until the re uirement far mart a e invurancd4�r:1<tn accvrdance with an a�itten agnecn:n4 beta•cen�flerraKOr ��'�"` ` "'" '" �
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<br /> - .. • � .� �rciC,enderorapplicablc faw. t,,;�.. .
<br /> '' 9 I n s p e c t i o n. l.en d e r o r i��:�gc n t ma y ma kr r ea�o r,:i�te e n t r i r y u p c m a n d i n�p ec t i��n���f t h:�ro y e r t y. L e n d e r s h a i l' � '•�.�'�`� � �
<br /> • ' �=` �•` .'° give Borrnwe.r n���icr at the timr�►S ur priur ta an in�pecti�m�pecifying rra�unablc cau.r fnr th:i�x�iic�n: ' . ;� • � .
<br /> � , � f" ti;y • lU CondemnaUon. The pr�xced4 uf w�y:���ard ur cL•�im fur dam.+g�ti,dirrrt ur cnn�e��ucneial,in eonnection with any � � , . ' _
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