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<br /> , . appcoval vrhich s(�a(1 iac be un�easoaa�ly withhetQ If Bortoarer bils w�i�ua�n raversge d�cn'bed�bovt.[�ender msy:�e . , ,
<br /> i,ender�s option�obtain ooverage m pcotect L.ender�rights iu tl�Ptopett�r in�ceondaiwre with paragaph T.
<br /> � Ail insura�rce poticiesandc+e�w�(s shall be x�.rptub�e to Lsader aod shait mclude�a.standard mottgaStcfause. Lader �.
<br /> — sUaf!fiave the r�8ht to t�d thc poticies ard cenowals. I€�.ender aqui�es.Bam+�a sh�U p�umRttY g►Ye.tu 1.ender al!recei�sts �
<br /> � �P�P�iums and noe9val aotias. In thz event of to�s.8orrower�sltalt give prompt noti�e to the insutance caaier and .
<br /> . ' Lender. L.endu may maice pcoof of Ioss if not made p�mptlY by Botmwer.
<br /> llnkss l..ender�nd Bcxrawre�dhnwise ag�ee in wsiting.in�ur•u�ce praceeds shatl 6e applied to rescoration or repzir of. ,
<br /> • �p�y��j���o�i�or ce�ir�s e�oianvcally teasi6te and Lendei's security is nat tessei�.�sbaft be�
<br /> resiar�tion�a npair is aotecaiomicalty feasi6k or Lender�secwiry wauid be t�ssetied.tht lnsurdnce Pro�eQds
<br /> apptie�;to the surns savnd by this Securicy Insuvme�wEres�tet ar nat then due.wi�any eacess paid to Boriower: If :-.-
<br /> $o4inwcr ab�s tt�e P�ope�ty.oj dces not answer within 30 days a natice from Lendet that the insurrnc�cairier has
<br /> �------ofi��to seule a_claim.then l.ende�may coUect tlr ins�nce pmceeds. Lender may a`se the pc�uceeds to�epair or restonc
<br /> -- ��..�-.. �.e.:
<br /> — - ihe.l�mgertyr or to gay sums sec�utd by tl�is�ecunty Tn.�uumea�WheTheF or�d�f�t�:.'�fie s�+Yi�O�"1z'■�"":•"•r-�. -
<br /> --" — the iwoice is given. .
<br /> - ' Unless Let�der and Borsower a[i�erwise agree in writiag.any appti�ion of pnaceeds ta principal.st�a11�wt eateAd or,,;
<br /> :i::��� pvscpo�x:.tl�e due.°ate'of the monthlY FaYmenrs tefened to io paragaDt�i an�.2 ar change the amounf 4f�PaY��;ff �.
<br /> _ � undec par,�grap�21 the Progeity is acquired by Lerder.Borcower's tight w any insuranc�e policies�and�p�oceeds.ce�iqi!�:,.
<br /> 5oat damage,to the Ptopercy`pR4roa the acquisttion sball.pass to L.eader to 4he exteot of the sacns secured Dy this SecuriEy.
<br /> . . �nt immediateiy priar t�L�e acquiniia�
<br /> - _ :.:6,"Orcupaacy. Prrservatioa„ M�intt�ance and Protectiun ot iJ�e,Prapecty; Borrar�e�'s l.os�n.Appligation:
<br /> - La�sel�oia.c. Bomawer shall occuPY.esta�'and use the PropenY asr Bor[�Wu s V�ixipal residence withiR siaty days after
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<br /> . sI�e execution of this Security 1n.mtimMtt atid shaU contiuue to accup}t ti�e.f�iupcTty ss Rotr+ower's prineipal tpsidence for at
<br /> '"`� . te� one year after,the dau.of occupaixy, untess Lender otherwise agr�es in writing. which consent shall not 6e _-
<br /> - '� w�asonabty withheld.or unless�teuuating cilcumstances exist whi�h are beyorsJ,Bormwer's conirol. Rarrower shall rnot . ---
<br /> . dr�coy.damag�or impair the Ptopercy.al[ow the Ptnperty ta deteriorate�_or commit waste on the Fropercy. 9arower slwll _�
<br /> `..�:�°. 6e in defau�i;��y f�'�w���or praceeding.whether civil or cri�f�sai:is begun that in Leadec's gna�faith judgment , RA�=
<br /> a'���;- '" �'� • ` could resutt,i�a,f.�stfeitwe of.the Ptoperly oc otherwise materially imp�r the lien created by this Securiry Instrument or �
<br /> ` 5;; �•�: � ¢ cace such a default s�nd reinstate,as rovided in h 18,b causin the aetion ���'
<br /> LenSlePs�ecutity interest. Bacmwer may ce s n p P�S�p S' g
<br /> .- - : ' a��mceeding to be dismisse�!�ith a ta��i�st.in Lender�good faitb determination,pceciud�s forfeiture oF the.Botrowe�'s... . , ��n i '_
<br /> '�� � iru�sest�n the Pcopercy or c�rm�er%°...,�sr'�pairment of the lien created by ihis Security Insuumcm or Lendety security ", �, ��
<br /> � :�f ;. �•'t--. `� interest. Borrower st�all alsa 6e•�s.��"`�=."t.�t Boaower.during the loan applicatioa process. gave materiafly false or `, � ��
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<br /> inaccimte infortnation ur state�e.-�s x��!�?'(or faited to pravide Lerrder with any material inforination)in ron�a�a ivit�..��. ,;��•��,�-.=.�
<br /> � z' � ` . Slte loan evidenced by the Noxe. �c;�_�'�=:but not limited to,repmseutations conceming,Burrov:er's.occa�+sy of t�e` :�� T -
<br /> � � �-� • �' � • •"�o�erty as a principal reside��e:If this Security Instrument is on'a teasehold,Borrower shat!coesrgly aith ali the Emovis2oris ;- . `: � �--�
<br /> a�IIhe tease. if Borrower a c q:�.�fee title to the Properry.the leasehold and the fee t i t ie s ba k�no(nierge unless L.esr�r a g rc es �`, ,,,�
<br /> . co-the merger in writin�. �' . r= •
<br /> . ;t.:°. � ` � Protection,of Ix�'s Rights iri the PropertY !f Bor►vwer fails to�r:oria the covenants and ageementc . '.� °,, �
<br /> �' :=�.-=--
<br /> '•; � , • • contair�ed irr ttris•Sccurity.Ynstnrment, er t�e�e is a tega)proceedia�:f1�.ma si�ifica:�cty aff�e?,L.ender's rights in the -r. :_�
<br /> . ,r..�y:::__
<br /> -� prapeny(scetr as�Qcoceedirtg in banfcrup.c�:'�robate.fac condemrrs�io�r;crr f�r�eriture 6r to e�farce ta:��or reguiations).thecF . ::;1 �.� .:k��,
<br /> r �==�:� : ; : • },��r may cfm<,a3 pay for wfiatever is r�ssary to proteet the vaiae�c£t3e Propecnr and l.e�rdeE'.s righty in�he Propqrty. � E . �
<br /> ' + ''";;,%� ;;� _ _ l:ender's actions may include paying any�+�asns secured by�tien whic:z��s priority oter thir Security In.strumen�.appeuring • . �'•��•
<br /> ��, �;;� ' in raun.payi?:i ceasonable attomeys fees and entering on the Propeny to make repaiPS.Althougb l.ender may take,action .•�
<br /> "�,., r under this para�a�s�7.i.ender dces not hace to do so. •
<br /> , • ~����" Any am�arts disbursed by Lender under this paragrrph 7 Shzll.6ecomc additional debt af Bartower secured by this .;'-�;�
<br /> � �S 'n.r.-* • � . Security Instruirwrtt. Unless Borrower�nd L.ende�agree ta othcr term9 af payment,these amoun�c shal)belr interest from Ihe �,;._,.,
<br /> . , ' � 4 - .`� date of disbunement at the Note rate and sh�ll be payabtc.with intere.+t,upon noticc from l.ender to Barrower reyuesting : , . • `�_=--
<br /> ° ��' ��. payment.
<br /> .. . . ��. . • . ��'--
<br /> ., .w�" ;• • 8. MoAgage lasur�noe. if l.ender rcyuired mnrtgage insurancc ac a rortdjtion of making the loan xecute,d by this
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<br /> ' � " Sccurity Instrument. Barrc w��shall pay the premiums reyuired to maircain the mc�r�;age i�.+ucancc in effect. li,for any : . .-.�-�_
<br /> '�"` ,� t'`��='-�'t'���..�,.�, reason. the m a e insurance covrra�e rc uired b l.ender la .ey crr c:c�res to be in effec�, Borruwer shaA pay the •.'�:�•�`
<br /> -,;.:Y ..f<t.::�• �:=.S a �{ Y Pt t.,.�i�2,:SSps.
<br /> 3- """' premiums rea�:�°d to obtain coverage �.:i3atantially equivatcnl to the rr.arc�agc intiurance preYiausly in cffcc�. at a cost :. v•�: s;;•,-
<br /> ^• substantially ec,aNUlem to t[�z co�t to Barrowcr of the mortgage in�Wrsrcz previously in ei'fcct.fmm an a�tcmate mongage • • r•��'��
<br /> �`.'a',jR..i�- 'I'' in�urcr appra��ed by Lendec_ 4f substanti�lly equivalent rr�:rt�age imu�anre cnverage i�nrn availabic.Bortuwer tihall pay to , ` :�x.�'.�=
<br /> " " Ixnder each�f`ontb a sum ey�a1 ta one-twelflh ai the ycarty mongage in�arance preminm heing paid by Borrow�er when the `'* �-=�'
<br /> �`�';��,�;. '
<br /> . -.. insqtaqce ru�e*age tapsed or ceased to t�e in effect. Lender will accept.ure and retain theyr p�ymenty as a tasc re�erve in lieu
<br /> � :?. � af martg�e irr�.•rancc. L�,.reserve paymcnt�may na langer t+e ceyu6red.at thc optiun of l.eruf�'.if mortgagc inrumncc ��.1.�..�',*:•
<br /> T:,;. -••<��*��:.:
<br /> • �[��rr„ '., wvetage(i�t the amaunt z.;fi f;�F the pcnod that Lendcr rcyuircy)prov i�ii�i 6y an imur�r appraved liu Lcnder aguin became� f � . , ,� t, .. .
<br /> . ,,>,-4_,�..•. •. . available und is abtaincd.�.''f3�r7u•cr shall pay the prcmium�rcquircd to,i:�aiNaim m�rtgabc�ntiurai:u:i:i effcct.Ur to pravidc a
<br /> ' '�+ "•�- � lasti reyccve,untii the requic�:ent for mortgage in�urancc crtd.in uca+rdance with��written agrcemem Met�veen Boaower �,.;.,;
<br /> ..�: .
<br /> . ,.•. . • . , and L.endet or applicablc 1a�x. .
<br /> 9 Inspection. L.endcv or itti agent mry makr rcawnablc eatri��upon and in.peciion�.of Ihc Praperty. l.endcr�haU F �
<br /> , ',. ,. : � give Bocrmver noticc at the timraf or prior to an im�xrtiun�pecifyin=.ru::,onable cau+e far ihe in�pection.
<br /> . �:.:;;�. 10. Condemnation. 1'he pr�xced.of uny:��tiard�rr claim fi�r dan���e�.direcl ur caa�eyuenti3f.in cunnection with�ny �
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<br /> ' � ��4��� ' � ' IdfJi L�(9 BLLVIII�P�fYl�q.IOf.� • . . •
<br /> . � � • . io IY.dH C.N l�lMl;it60".S4't I�i".tt 61679PI/:i1 . E ' . . . .
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