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<br /> pC1fOdS 1�1.dM�E!R11YIR5. �IC 1�S11fi6L'�G Ci/ll�l plOY[dl�$1�lC IIISiRiqCC 5111��C�i.08tA.���Y.Et fil����l�< `
<br /> appiv�vai which ahaii aot be utYeasaeabty withheld.�If$uRmwer fails to maintaitk�me�'a�e dasc�i4le4_Rbove«l�e�d�er wy�`�t �
<br /> ' I:a�der's option,obro�n coveiage tc prakct L:�ier's rights ia We Ptoperty in a�curt�eF with puagra�tl�7:
<br /> � •All iasunnoe pol�aes�ad renepvals sinq.be aoceppDk to l.ender and shali iAittqid�a statWatd�mqEt$�sl�use. l.ender
<br /> s6�lt�lnve the rtghc ta hoW the policies aad leo�w� If Lender requit+es.Borsawq�,st�}A P�I���t:c�Eaader a!t raeipts
<br /> of p�id p�emicm�s and teanval iwtec�s• Lt t6e tveat of ioss.Borrowu shaq giveip�ompt noctces tp�tltiti itt.wtat�ce catrier aed ' .
<br /> Len�er..L�eodcr may matcepvof of lass if na made P�P�Y by Bonower. - : `
<br /> �� . Unkss I.ender apd Bomower athe�wise agrce in wnting.insurance proceeds.�st�ai�bt applied:trr,�vstor�tion or repair of
<br /> ��P�Y��•�i�ihe 1r:uor+tioii o�iepa�r is ecoaomicalty ftasibte antk7t;ender�sec�itv�•is`r;not�ie`s�enaL if the .
<br /> eesta�tioo ur cep�ir is rwr'ax�QOmicaltY fe�'bk er Lender's socun�y woutd b��tessenat:.tf�et ins�tt�ce�cvaeds sti�l1 bes .
<br /> °applied to tbe swns see�uied 6y thic`S�curitY Instinment,whether ot not then i�te.R�ith•a��eac�s.�aidirx Snrmwer. if _
<br /> Bormwer ab9ndons tLe Ptoperty.or does not�►swer withia 30 days a notice:�irom Lxnder�that�tlxt:ins4r.�ace cariiet has ,
<br /> otteced w seuk a claim,tLrn Lender atay coltect tlie insutaeoe p�ocoed.c. Lenddr,may.usa tha p�acaeits t¢KQ�ur or restar
<br /> the Ptq�ty or to pay sums sav�by t6is Soc�ry Iastrument,whetlter or not t�mdue.The 3Q�ds�;���io�will6egin wiren - .
<br /> the aotice is givea. ' ` :.• —. — —— ' ' � - _ ,
<br /> --
<br /> -.,. _ _
<br /> Unkss l.ender ud Bon�wer atheiv�ise a�cee in wridng.any appticatiar�:pcoceeds to,ptinci��st�all�aot exta�d or
<br />� postpone the duc date of the montHlY PaYmen[��eimed co in parageaphs 1 andt�'+os d�ange the artwun�oEth,e payments. ff
<br /> � ander paragraph 2l the Pmpe�ty is acquire�.R��ender, Horrower�s`right to atiy,irnsurance paHcies.apil poucads resulting
<br /> — .• • fran damage w tl�e Fmpe�ty prioc to the ae�i�si�aalt Qa�to i,�nder w.ti�e�extetpt of.the su�c.seaarsd 6y this Securiry
<br />_ ',;'�'`;-.:� Instrmnent�ately ptiorto tLe acqnisiti�,:� � . -• ..
<br />__ ;r.:.6. Oocupa�c9. Preservatio�.'Msin�e�ance aad Pirotedbn oF tbe PYaptet�'; Borrawev'K I.u� Applicatiooi " .
<br />-_ " .�old� Bomower sl�all c�ocnpy,establish,artd use the Property as Bamaweci�.pfiacipal resid�nca within suty da�s.�l'ter
<br />--�� =�:�iecutian af this Socurity Instn�ment�int-sisail cantirne to occuPY tf�e Ptnp�it3;as Bortowe�s.pcif�eip�resiQence fur at ( _
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<br /> -"•�" ' -:�,;3�.one year after tbe date of.urc��K',#mless Lender o�erwise ag��in.writin�. which��n.seat shull rwt 6e
<br />_e:� ::•:?,�r�a�abijr withUeid,orunless�!�cuinstances exist whIch aie beyqad�Bomawer'sccmdAC. Sorrower'shatl�not.
<br /> `�; � .• :�Y.�Se or impnir the�:a:%�w.���'te Prape�ty w deterinrate.or comoosit waste on�tlt�Ptqperty. Botrower sha11 . .
<br />;:- `be�'defautt if any forfeitu�e a¢�ist��pCOC�ding,wl�et�e�'ciril ar criminal,is C�;�that.in�I:e�disc�;s.good faith judgment
<br /> F�.:•, . ec�resutt in forfeitune of tCQS'tt�ii�ty,qr otherwise�,�',i:ally impair the lie�.ci��d�by;thim.Securicy ta�ument or
<br /> Lender's securi'ty intem.st. Bor��e��ay.�such a defa�:ai�d.�iastace,•as provcte�S in pars+�rt►R{f�14:.by cnusing the action
<br /> =;:�.;i;: � or proeee�ling to be dismis.�witYe a iulitir�.in Let�s��bd,faccTi�atic�atdqri.gmcludes.fa�re of the Bonowec'� - . . .�
<br /> "'�r�_ inurest in the Praperty or ott�er material impairment of,#��-esi:�.:at•�1?y thi�i;�aecuritK Insuumaitt or Lender,'s security ' �
<br />''`�F;j�;�.': interest Barrower sl�all also be.in default if Borrow�r:;�.^ur�g't3`ie,,t�n app�ikntion process,.gq�re materi�lly fa3�e ar ".:
<br />`'' j' inaaurate informat�oc�or statements to I.encler(or failed r�p�s�:ide Lender with aay,material:infamtAtion).in con�,v!rith;.;�_;°; �
<br /> <<;�rE. ti�e foan evidenced by the Noie:inctuding, but not limited to. repcesentutions,cor�eeming Bnrm�ver's occupaacss���t�;�3,,>•; .,� ' .
<br />:. ;� •`4 Property a5 a princiPal cesidence. If this Secwrity lnstrument is an p teasehold.Ba[owes sba!!camplwi;with all the�n��:?��i�.:, �.. .
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<br /> <<�� of the IeaSe. If Borrower ac uires fee tiUe to the Pro the leasehatd and the fqis citte shall nat• e unless l.encier���� ,. •
<br /> �`r�.fi - a p�3', , "'asg_ • ,, . ,
<br />� ,. �ta the merger ir�writing. , ., , .
<br /> � . 1 � 7. Protedtoa of I.ende�'s Itights.in the Psoper�. if Borrower fail!��ao perform�tha cougnants and agre�-a.�. � '
<br /> ce+iz�ined in this Security Instr.r,�n{.ar tlsere is a le���aceeding that mayysign'sfrcantly:aff�c�[.ender:s ri�,ea.'�e:"":°.'�'':�
<br /> , Fcti*�iy(sucb as a praceedinz a�h�k.rupteq,probate._foc�sx3demnation or forfe'ffu�e orto enfarac�laiws or regulaticv:-�;.+��,r�. :: : _____
<br /> . Le��s may do and puy for wfi-4:�•er is necessary to pru:�;;,ihe value of the Pk�eit�a_�d�llendtma righ�s in the 6fia�i'J_ ,
<br /> , ';, Lender�actions may include paying an�r s.�4 secured by a tien whieh[4�s��i�iity'qyer this Securiry instcument,��p:i..�.g : • ��z.
<br /> ' '"� in court,paying reascmable attomey.s'fee5��m�eatering on the P�raperty�ca:isak�<t¢pairs.Althau�h�Lender may takr ac^ian • . , �.���_
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<br />.. � � under this paragraph 7.l.ender Qoes not ha:�L-3�3o so. '� ��=m-^-°
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<br /> Arty amounGs disbuned by l.ender under this paragnph 7 shnll become additios�aE�debt:of.Barmwec securzcl:ry this . .;��;ty�
<br /> • Security lnstct►men� Untess Beria�cr and 1.endetagree:�osher tertns af payment:the�eamauntksDia116cAr intere�:tnxn ihc �T�-M:-'-==-_
<br /> date of disbu�ement at the Note rate and shall be paya�zFr,with.interes�upon�nulicv from�tiendur to Burrourer,-�r.�ning ��-`��-
<br /> payment. ,. ;"t•�I;..'_�
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<br /> • ' 8. Mortg,age Insurance. If Lender.�juimd mortgage insumnce av a ca�dition af m��:ing thc laan secnrcd Isy this -��'_.�---
<br /> .;;� Security instrument, Boaower shaU pay the premiums rc�uimd to mainu�in thv mostgage in�urunce in effecl. If.�Por any '`'`s��_
<br /> t.:-°�•-'—
<br /> �� reason. the mortguge insurar��coverage reyuired by Lr,der lapces a�ceaces ta be in eff�cti,Borrower shall r�y the �F,�,, •�'�_
<br /> P �1 S Y �5` s 8 P Y ` �;'�,�•, .�,
<br /> �,�-. : ' remiums uired to obtain c�veri e subttantiall u�i•�:u;.ent to fhe mort a e in�urs.+�ce ravinu�l in effeert.at'a cost �',r�;�,,�{�f;;r.,
<br /> substantially eyuivatent to the�ost ta Bonower of the mcrc.:age in�urance pnwiau.rljr in effecl;f��m an alternate:n��rtgage •,:;x�';•��,�{�;�+��_..
<br /> � = insurer appraved by Lender. lf substantially equivutent mortgage in�.urance coveroge is nrn availft6le.Bonower shalI pay to ,
<br /> ` • " Lcnder each month a wm equal to ane-twelfih of the yearly martgagc inywanc�•p�emium beinb•pAid by Borrawcr when the �-�r,;''===
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<br /> �;i'`.�; �, insurance coverage lapsed oc cz�sed to be in effect. Lcndet wiH accept,u�:e�nd i�tain Ihe+e p�+yn�unts as a loss resen�e in I4eu Y. .
<br /> '�1'-:.f�.� .. :_
<br /> �.. �. of mortgage insurancr. I.m.,•t,r�xerve�,�yments may na toa�er be re uinJ.at tt�c�� ti�n•��f�L'ender.if mort a e n.r.�:rance ';,;-ti?��,, :, �,
<br /> ,i.;.,, _'" y P S S •� !,;;;,,.1��.
<br /> ';�i�-���.�„ ;� coverage(in the amount a-�!�ti fot the period thai Lender rcqccec�+1 provided by:�n+i�s�urrr apprm•ad�by l.ender agaiea beiromes :y;';,,';.51;�..
<br /> '• ��:��. nvailabte and is obtained.�&&at�wcr shaU pay thc premiums rc�uircJ tv mnimairon���rigagd in•unmNe in effect.or to�ravide a �,
<br /> " :i•,••,. .
<br /> 't r . .r. IOSS iCSCf VC,until the requiremenl for mortgagc in�urunce end�i�uccordance w;tir any�r-ritton�agi�cmcnt bctw�ccn Bortower
<br /> ' � -�-;,�:,,,^F:;. and Lender or applicablc law. • •
<br /> :;,'.•��: 9, lespeeNon. l.ender or it�.agcnt may make rra.�nable entrie.upim and in.pectia�»af ihc Prupcny. Leader shall
<br /> � °:�t,�_=� gi�•e Snrrower notice at the ticna of or prior tn an impecas*n�pecifyinF rcu.onabht cuu+e for thd i��x{x:ctian.
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<br /> �h�,.�,.,;,.:,�' 10. CondemtwNon. 1Tre prcxecd.of any u��arJ��r c�em titt dsunage�.diaret or cim+eqt�entiul.in cunnectEon H ith amy .
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