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<br /> - per�i1Yr�t�.�tdei nequ�s- 7he Insu�u�e caalet�v!_din�the insuranoe shtilt�e�chuseu y w�r��,b,�t m i.s�tderl�
<br /> - - .f � app�cul4�t�;.cA sUa11 nnt 6e�asonabty�wltLheid if HormwecfaiIstq�niainmin co`vers�ge 4�6ed al�ve�Lender ma,y.ai .
<br /> _--- 'g '�toa..olHaia eover�ts�pmiect l.eudesh rig6ls in the ip s�co:+3@acc altB�•nnm„�T_ _ _ _ _
<br /> -- - — � --- m�wals shaU be uocepts�ble to Le��d shall hisitzde a stundard�ort$age rEaas� Lender
<br /> — sAal�fr;�x��e ri�t to hitId tAe poliaes aad�tevuuls. If Lcndee;equins:Bon+o�rer shall promptiy�ve�o I.ender all re�eipts
<br /> of past��tuns and mnewat natice.a. In the aveat o't ios�,Bomower sTiatt give pro�dpt aottce m Ne uisuranaa caa�er aad .
<br /> 1.eac�Gr;.l�ader may make prnofaf ioss if not made pramptly by Bo�tower. �
<br />---- - —_= U�4.�ss�o�mwer otherw�e agcee in�vri6ng,in�uraace pra�eeds shall be appli�to reswr,uion ar�pair of -- —
<br /> t�e�r��,dat�ged, if the c�esta�ation o�zepair is eoonomicz+lYy fe�'6Ie and Lenderts �uitY is aot tessene� lf the
<br /> -- restorat�•.os regair is ttut eca�ainicaliy feasi'�te or Lender�sec�Ny woWd be tessaced.the ittsuraase praoeeds shall be __._ — .--
<br />-- a�1�e�'AS�-sums�by tLis Securitjr Instrumens,�vhether or atot thea due.�vith any eaoess paid to-Borra�ver U'r
<br /> '�
<br /> __�-_ _ - �t�es-s�dt�es��tt�--or�ces not�rer-arithia 34�1a no�ee-ftom!eadet ths�the-iasutattc�camiet ttas-
<br />- ' --_= offer�tia s�t2e a ctairn,t�ten l.en�er may oollect the imwraace p� i.ender may uce the pmc�ds to iepair or ieswna — �-
<br />-;f tt�e�aj�r.or to pag swns secured,hy this Sehaity Instiunaent,whether or aot thea due.'TAe 3aday perIod will begin when
<br /> �-�. taeao�e�s�vea. __
<br />- Ua&ss�l.�der.aad Brnrower othenarise agree in wrsting,any application of proceeds to principal sha1J aot eatend or
<br /> - post�ori�t�due date of the ntontlilY Pal►ments�efemed to in paragxaphs I.aad 2 or change the asnotmt of the payments. If _
<br /> - uader b 21 the P�operty is acquued fi�:�nder,•Barrower's rig6[to any insuiauce policies and pmoeeds resWtiag
<br />= frn� � �ta the Property prior to the aaq�n shal{��n Lender to tAe eatent of the st�ms securecl by this Security ��=_
<br /> _ . . - tnm��m�•n.unmediately prior w the acqaisiti�;�e� .:;. ;. . °"_—--
<br /> . 6�.' �cy Preserv$tim�t, Maim and�Prdtabiun af the Property��Bosrowe�s Loan ApplIcaHon• =:�:;��-_`-
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<br /> "�"°'��' I.ee.se�. Bormwe�-shall occ�rpy,estabList��use the Pmperty as Bomawerl,pancipat residence withia sixty days after ` :��-
<br /> ;,;,, �� occ � i -
<br /> ;.��_�:�,:,.. the eaesurio�af this Sacurity In�nunent and's�a'll continue to occupy the�uperty as Borrower�s principal cesidence for at ,� �'�
<br /> _ ` -: ° �. >'' :� [qse oa�.y�ear after t�e date of unless ixnder otherwbse in writin wluch conseni s6aD uot be :- >`•�: _
<br /> �.`: J . ,....; ,:.. - oaupa[1oY• S '�S & i;::t: ,
<br /> '�t��, :;:.,.f`�. uc�reaso�eaDE�r withAeld or uoless.extenuating cine�unstances exist wluch a1e beyond Bom�wer'�conuol. Borrowecsk,all not ::r::��-
<br /> ' ; � .. " destmy�.du�age or impair t�ie G�e�ty.allow the Pioperty ta.�d�teriorate,qt rnmmit waste on the Property. Ha�wer shall T-�_ —�;;.
<br /> _-- r..:� be in d�!€au�1 if any farfeitur�`•�vn or pinceeding.whether civil or��,�,is 6egun thai in Lenders goad fa�t6.�ti�gment ' __
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<br /> - cout�resui! in f�e,of.�e�Properiy orothe�materially.im�ir i� lien created by this S�rily Inst��uriem or ":;�•'� �
<br /> _ ��^. �� '��!���
<br /> : , i.euder�security��:•�onr�w.e�may c�suc�a defaWt and reinst�aa.�rovided in par�aph 18>�:�tl��e actioa �_�
<br /> � � or to 6e a�stvssed��sm..a rulin thair,ui LenQer��d faith �-truaation, tedudes forfei#uie:�i�e�#tia?�Arer's �''��°'!
<br /> _ pracerda�S �, S �� � P '�.'_:= �---
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<br />- . . inoeres�:ia the Ploperty or oUic,�.�aterial impa�;t of�.��c�ate��y this Seturiry lnstniment or Lertd��.s�auity ,�';='-:::-
<br /> � : inoec�ese. Batrower shall also i�e in default i��orraw�a�a'�:��'the.'�oan appIication process, gave.3nateriallyc`�aFse or ,;",•�-
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<br /> inaccupan�i�fottnation or statements to Lender(a� ��ecc�to�rot�txadec�ith any materiat infortaat�zG�-m connection with + 'i;i�� •
<br />_�_ _. +. �... ` tite toafn etiideaced by the Note, including. 6��r�or tin�*:�E,tiai. repms�r.�zons conceming Bomnwerxaccupancy of the 1,��:;° '"`� `
<br /> .'r . � Properqi av�a principal_cesidence. If this Secwiry' InsUUme�e is o�-a teas�kcG�.Borrower shall comply with all the pro�isions ,t_:.: �..�e'•-
<br /> - . of t8e 4�se: If Borrower acqui�+es fee title to the Propeny,�Eie t�s:ital��n��x fee ade shaU not merge unless ixrcd�,r r�ees •�_��-=�
<br /> _. . to t6e�xrgxr in writing. -•.,. . �;::n��;;',c�,�— —
<br /> :' ° � 7:. Pratecttoa of Lender•s Rig�ts in the Pro�ert� ��p�•es a15 to perfa�m the covenants and �.� t•`4�'�;-
<br /> `i . : contaic�ed in this Sc-�curity instrument.or there is a legat'�n�g iC��cr..r.'y.signifccan'dy affect[.�nder's ri��ts zn the ,`ck,,o,, ��,;_
<br /> tai '�.t•::� �,F,,.
<br /> � �. � •� � Prapert,yr f such as a�roceeding in bankruptcy.probate.for con�.�.nat�orc c�6�"�:�v�or(o.ienfor+ce�laa�s cr�s�gul�t:�s�.�,then � �i4.��`,;�.�,.< ;�A,_
<br /> �' Lead�may do an�pay for whatever is necessary to pratecC�3:value of tT�:�erty::�r3 l�ende��ri`�.ia ctr�i�erty � ;��? r�' : =�� -
<br /> . � �; � Lende��actions may include paying any sums secuml by s F��-r which 6as prioriry ovc-�c�u��ecurity�..�t;a�,,smg S,?���z ��.?�'.�• _
<br /> ia coart,paying reasona6le attomeys'fees and entering on tt:��Properly to make tepairs,��titough Lepder may.take action ,�: ;�:�,•;•� �sR:
<br /> �, ' under t�.caparagcaph 7.Lender does not have to do so. - -F��-�:_�
<br /> � , ' Any amounts disbursed by Lender under this paragraph�7 xhall become addicional debt of Borrower secured�by this �;���,�'`.. •' .;. �` -
<br /> Securit���strument. Unless 8omnver and Lender aLerce to other teirns of payment,thece amounts shal!6ear interest fram the f '�� � ��
<br /> �� date oP disbuRement at the Note rate and shall be payable,with interest,upon notice from Lender to Bomower requesting �<�'. � ' �
<br /> `, paymertc i:• : •
<br /> & Martgage Insurance. If Lender�equired mortga�ansur�snce as a condition of making the toan secured hg this `j • _
<br /> S Securit�i[�strument.Bortower shall p;sy the premiums req¢r.c93 to maintain the mongage insursnce in effect. If for any �• ': ,
<br /> �� �. reason, t�4e mortgage insurance coverage rcyuired by Ler,e���lapses or cea�es tv be in effect. Borrawer shap pay the i . � . .;,_
<br /> , � � premia�a required r�o obtain coverage �ubstantially eyuivaler.[.to the rnerr�ge insurance pmviou�ly in effctit. at a cost • .
<br /> substanr3:taly eyaiva!�:t to the cost to B��rrawer oi the mortg•��r ia�uc�ce�viousiy in effect,from an altemate mo�tgage � . '`�=
<br /> � �; _ • insurer a�roved by Lender. IP suN�tantialty equivalent mortrts•>r�rf.ccr:rcu:�-�.�vcra e i�r,n�avaitubte,Borrower shall a to ����. ��,; �; " •• '�`
<br /> :` r,_- - b' F Y e�;r � _ .
<br /> '�� • Lender each month a�um equal ta one-t�velfth af the yearh•rr_�rc:ag�iascc�zce premii�m�Ying paid by Borro�ver when the � ' �
<br /> imuram�wverage lapxed or cea.ed w be in effect. Lcadrr x 11 aceept.u�e WRd retain tF�e�•_�ayments as a lo�s reserve in lieu �' . �>•'- �-� � ,:
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<br /> �ti• �� of rnort�age in.urance. l.asx reservc payment+ ma}•no lonr:r(�reyairui_at the option of Lender,if mortgage insurance s � � , � _°�j�;'<
<br /> � �� �. covera�(in the amount and for the{kriWi that Lender requirrs►pravidcd L-}•an insurer appmved by Lerider again becometi �.`�� . . �.:`�':�,
<br /> � � „ _ avaita6l�•and is obtained.Borrower rhall pay thc pmmiums��ed ta maintain mart€agc intiurance in effe�:�ar ta provide a t .�;..
<br /> � ' loss r+��eove,until the mquirement for mongage in.urance ern1,i�uccordance with�ny v�rt�:n agreemem bet�veen I3�rn��ver , . . . �
<br /> �: � and Len�r or applicable law. � � '
<br /> %, 4. It�spectIon. Lender or it�:�;ent may make�caaaa::.bLe enirie. upon and in+p��:uc�,of'thr Piropeny. Lend:F shall t• �
<br /> ' �. give Borcower rtotice at the time of or prior to:in inspectivn,�cifying rea�nnaMe cau�tcr ihe in+pectian. '��
<br /> ` j .. �. lUt Coadeinccation. The pratied,of:u►y a�tiard or ctai:n for d:unugc^-.�direct or rontieyucntial,in�.wntt�ctiorr�viih an�• �
<br /> � timglc F.unil�•-Eannie�f:m:Fredd��t:nc 1.!�tFUR�11�si'Rl�fE\T..1'r,d;n Cu�cnant� 9�4D ip�ic�.t�,/n p�er.� �
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