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<br /> — ' . ;period��1 Lenda e�equi�rs- '�'he:ins�aance ca�rier providi��he i�ct ehati 6e,chosert�ry!,Bomewa subject to LendecS� � ;
<br /> < ipp�vral wAich sl�il nat bc wreas�oaab[Y wi�hheW. if Banower f�iFs ta mtintsin cavee�e desccibed sbove.l.ende[m�y.ai
<br /> � (xnder�apti�n.obain covera�e ta ptotect Lender�rigMs in the Pt'operty in ucotdatce v�ith P�raR�pb T• <
<br /> Iti!insursnce policies�td'tax�ls aluiif bc uc•eptabte to Lrnde�a��d shall sncludC a slandud moclgsgt clause. L.erdes
<br /> . 'sh;1l have tAe ri�to FwW tbe poticies orW mrcwals. [f.t�nder req�ites.Barc�wer sM�il pomptlY Sive W Lender all rece� . �
<br /> �u[p�id pemi�un,s and�enewal not�ces. ln ttie evont of loss.Bvmnwct sh�ll give prompt naice to!hc insurance cau�e��d:"
<br /> Lender. l.ender'may m�ict p�oof af loss if nut made jxamptly by Barrow'�t.
<br /> � #i�atess t,�tDa�d Sarowrs al�wtse�Cee in wtiting,iacurarce pracecd4�U be upplicd to rxstarrtioa or repiur��� .
<br /> �he ptope�cy.damaged,if tbe r�or t�epair is economical{} feuibte a�xi l:ender3 secunqr is not tcsvet�ed•sl�ll be
<br /> restor�tian or repa�r is na eca�omically feui6k ar Lender's secunty would 6e ie�sened.the�nwr�nce pca�eQs
<br /> . ����.,s�s se�red by this Saacity Instnunen►.wixther os•noi then dne.with w�y excss.4 paid to Bortawcr. ff
<br /> Borroxrer�idons the PropenY-or does not aiuwer wiihin.30 day�.���xxice from Lender th�t the insucance carrier-h� '
<br /> ofFe�edta setli�rt c�im,tlic�LeadeF inay cottesE thc inwrrrnnce pmceeds::.Lta�der may uss tlte pmCeeds to npair�t�estone `
<br /> che Pmpeny o�ta pny sums secuned by t6is Savriry iasttumenR,wfied�er ar nnc thrn due. The.30-daY Periat will 6egin�vhen . . ,
<br /> - � the notice is giVe�. hon of ceds to aei si�ali not extsr►d or .
<br /> - Unl�ss�uender and Bomawecotherwise agree in writing,any applica' Pm� P� P�. nts. If_
<br />.�.;� � postpaere.the�de�dace oE the maidity p3y�nencc refemed to in P�Y�E�t and 2 ot change the�namt bf the PaYme
<br />-__ under part�phi.2l.tbe Frope�ty is acquired by l.ender.Bortowcrs nght to�ny insurance policies�d proceeds resuIting .
<br /> =''-- &+nm d�nage to the Prope�ty prior to the acquisition shalt�pass to Lenier to tl�e acunt of the�aac secvied hy this SocuptY`
<br />��� Insu�unent immediauty prior to tf ie acqaisition. _. _.
<br />-•1*;. Borroser's l.aan A ,
<br /> - -f. Oappascy, Preserratiae. M�i�aa�ce aud Prdectbn d the PtopertY: PP��°' .
<br /> ` I.esase�oib. Barower s6ai1 occnpy.establish.and use die PtopertY as Borrowe�'s principaE cesideace within sixty days after
<br /> tbe eaecntiat of this Secar'sty Insuume►►t and shall continue w occnpy tt�Pta�rtY us Boaowr.s,'s principal cesidence fa ai
<br /> � kast ooa yeac after ttie dale�of oca�a^cy, unless Lendtr a�cwise agr�xs in writing, attich mnsent•shal! nat Ge
<br /> - •�� u�urcasoi�biy withGeW.ar unless ex �a-c rir.cumstances exist wliich are beytnd Bo�tower�aontrnl. Borrower shall nat
<br /> rei��.,.
<br /> destroY,duna8e or impair the Properc�:�?;���t'a�:ny to deteriorate.a cammit waste an the Pmperty, Eorrawer shaU
<br /> , be.in iiefault if any fcxfeitate actian ci�;�a�xr3��ur.w�he►civil or crlmiru�l, is begun that in Lender's good_faith iudgment ---
<br /> � caatd result in forfeitur�of the Prop�~eq�'r�+'s'�d�'i�e materiaily impair the lien created by this Secazit�[nsuument or �.
<br /> _ - l,ender's�curiry interest. Borrower�:��re such a defanit and reinstate.as provided in paragraPh 18•by causing tiie actian ��; •
<br /> -- or ing ta be dismissed with a r�'r.u�;that,in tec�derS gtwd faith detertn�o�►.p�tudes forfeituru of�he Borrower s- - �`��_�I
<br /> interes�t 'in the Pt�nperty or o t h er mat��J �mPairtn�� o f t h e l i e n c m a t e d b y t h i s S e c u n ry I n�s t r u m e n t o r L e n d e r s s e c u n t y . _:� -_
<br /> .f•- interest. Bocrower sha11 afw be ia�iefault if Borrower, during the loan�u��ication pracess.gave materially false or -_..��; =
<br /> inaccujate infortnauon nr statements to L.ender(or f�i te d to provi de L ender witTa�t t nZ�.m�ceriul informatioa)in connection witfi . ��';_:•��_
<br /> tf�e �oan evidenced by ti�c Note. including. 6ut nat {imited to,representarions conceming Borrawer's accupancy of the ';1,��,_.,:;
<br /> ria� p�qpert�r�a principa�te�idence. lf thi`s Security Instn�me►►t is on a teasehotd,Borrower sl}a1k�KiQ►ply with all the provisions - •'' . ``�:�_�
<br /> '`` ' of tHe te�-If Bormwer acquires fee ritle tn the P�+npeRy.the leasehald and the fee tille sha:i:nas�inerge unless L.ender ag� . _____-
<br />•,i�„ . � ., , • —=_�
<br /> � ''�xr� , r :to ttte zr.ecger in writing.. � � � ' ��.°_
<br /> ,. ?. p�tectbn ot Leqder's Ri�fits in the P�'optrly. If Borrawer fails to peA'otm'the covenants a�d agreemen:s:;. ,
<br /> �� � .;�,cantained in this Security lnsqvmen� or there is a tegai proceeding tha�may sign�fcantly affect l.eadtrl�.righls in the � - -
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<br /> f, . ' Property(such as a proceeding in bankruPtcy.prabate,for condemnation ar forfeiture or to enfarce faws or regulatians?,then ;k��.�;�,�
<br /> �,{,., Lender may do und pay for whatever is necessary to protect th�value of the Property and l.etider's righ�c in the Properry. f- --,F.._
<br /> . '��;t .• Lender�actioac may include payin�any sums secured by a lien which has priority aver thi�S:�:urity Imtrumen�appeanng
<br /> f��' ` in couA.paying reasona6le attomeys'fees and entering on the Praperty to make repairs-Ai�inugb l.ender may ts�ke action �
<br /> • `�;-;� -� under this paragraph'�.l.�nder does not have to do so. �--.---- _' • '' ` :e' •
<br /> ! "' iJV.I;�.�� . .
<br /> , � ;�. . Any amaants dists:�-sed by L.enQ..r under this paragraph 7 shall becoine a��irianal debt of Borrawer secured by this
<br /> ::,.,,:,.
<br /> ���� Security In.strument_ i,`r,4..�s Borrowe�and Lendcr agree to nther terms af paym�nt,these amd.�nt4 shall bear interest in+m the '� � �h:..�
<br /> :,, � ; Fz.,,. .
<br /> - '�`• date of di.�wrsemens at the Nate rzre ar,�•xhall be payable.wilb int..�res1,upon natice from 4:ea�Qer tn Boaower reque�ting ?
<br /> , '. ;��F� . Pa9�'�- : . _ �
<br /> g. ..�4�e xnspr�ne� ►f�ti:i Yeqs�s�,3 r�v�rtgage�i:�:.�'ance a�a condition af making the taan securcd by this' -°�'=
<br /> ="'�'�' Cs�r,ro,u•er sha;F�pag the'pr�r_�i:;n;rcyuirec!1a maintain�:rnortgage insurunce in effess. If.for any . _ ,
<br />_ 5ecurity�sstnimer.�°..
<br /> ��'g '�'`;�,� ieason, tfie mortgag•r x.-:::...-�a�ce co�.e.:'afie requc�•r 3�h}r l.cn der lapses or ce��•,t n b e i n e f f�c t. 8 o r r ouer-sha11 pa y thc
<br /> � ' ' � premiums required ��t�'.;ew.�s co�ed;,�e�hub.rtan►iaify equivaleat to ihe mor�„�:r,,'�in�urance previously in effect.at a cast
<br /> v�: substantially eyuivatent to the co��za$ormwer af the mortgage insumnce pr��tourly in effect.fram an attemate mortgage �:;_
<br />_ 'i; .• insurer approved try Lender. It�cb��nti:►Oy cquiv�lent mortgage intiurance ca'vemgc�s nat available.Borrawer rhall pay ta .
<br /> .. �::
<br /> Lender each manth a sum cquat to one-twclfth of Ihe ycady martgagc in.ru►ar.�x premium t+cing paid by Bonowcr when the : .m,
<br /> � iosurs+nce covemge Ixpce�or reased ta be in e(fect. I.ender will accept,u�e•rr�+.�~?ain these paymen�c ac u lass reserve in lieu , ����
<br /> . �':' . ,F-?_:
<br /> �t�: af m�rtgage insur.�tcce. Lo�s rese�e paymenh may nn ionger 6 c rcyu i r e d: .:�:E r:o p t i a n n f L c r t d c r.if mon ga ge insurance `�. .,.,..,.
<br /> ;,;� � caverage�:��sshe amaum and for c"�2eziad that Lcndcr rcyuirest provided b;k�^�insurcr apprnvcd by Lender again becomcc , �'!.•'��,�'•�t'�;..,_
<br />`.?� '��. 3vaila�l;��d i.y obtained.Bormwcw,:�c�.}1 pay thc prcmium�r�y1::�=ut:?o maintain mongage in:.u.�anee in effecti.ar to proviQr a ' '�'' •�"7;;
<br />• � ��+1��. loss res�e.until the requirement f�.�'mnrtgage in�urunce ends;�:is;ord•rnce wifh amy writt�a►agreemcnt Uetween Borro���s • .. .'.`�.°
<br /> • '.t,^�.� '• • ' and Lerxler or applirabte law. � �
<br /> 4��� •T � � �� " 9 InspecNon. l.cnder ur its a�ent may make rc�a���nable er.tries upon�,i in�pcctie�m uf!hc Pro�n�•. Lcndcr�hall . -
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<br /> '`,. , R�:=• give Bonawer notice at thr limr of er.�riar�o anir..Et.ction�pecif}er�cw�onaC��e cause for the im�xctinn. .
<br /> , . �•,;�?li��,., 10 Condemnallon. The prcw��:of smy award or dain�f€+s 8�.m..��e�.ciirerl or wn�eyuenti:+l.in ennncetion with any
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