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<br /> - � lt�e�`�e le+�pt�Iwei■be.Boaares a6at1 treep we iaape�creme,sits�aa+v a�is�ar I�ee�a�iet ae��ed ai�he
<br /> 'Frapaty iewied,�pii�rloas by fu�.6aatds iod4ded�in the.teco�'extended cmet�e'�rd�ey,ptl�a�ar+r�.i�cir�
<br /> =Qnods or�ioo��,fa.�ich i�le�e�equire,+is��uoe.This issur�noe�haU be�sia�anea iu d,e�muunts�od�ar tbe pedad�
<br /> ` ;i�t t.eaier requitms:'lbt�imu�nee carriec p[a'ridiu�tbe iawt�twe sLti�be chosen by S�oa�er a+�hject w IradeYs app�v�ral
<br /> �;aption.abfaib covers�e to'pnPfd�t I�eod�et's,ri�i��te P�vpert9.in ac��l�oce wit6 ptngr�ph 7. � � : -
<br /> Alt irour�eoe polic3es and trnewais shatl6e aocept�bk tQ l.e n d e r a n d s h�l l iac t u d e a s t m c l a c d m o c t g a g e cfause. Leader
<br /> :atWl bnre the r�Eht W hold the policks aai�s.If E�eader requins,Bomawer shail pramptFy give w Lsnder all reoeipts of
<br /> -- ;,pJ�!pxmtiuea and t+�+ail�aoqca.Ia t6e eveot of loss.Bonmwer sdAU give�t naioG ta the iasur�nc�e carrier ao�Leader.
<br /> :;Leedec mtX m�Trt propf of Wss if not mide pmmptl�►�by Horr+ower. � -
<br /> dnkss Isader aod Borndwer dhecwise agr�x ie+�r�ting,in.wiwoe procadg s6�ll 6e appliod w testontion or c+e�air_of the
<br /> -- 4.PtvpettY dam�ged,if the trstoation or nepair is eaohomic�lly fea�hk auct I�ender's senirity is not tessened 1f the re�atiou a
<br /> ?:ts�ir is nat eoononually fe,�sibk or Ieodes`s securiry viroytd 6e t�d.tLe�p�ooeods shall be appliod tP the aoms
<br /> - - :�seaaed byr this Security Ia�um�ut,whd6es or,mt then due,with any esee.ss paid to Botmwer. If Bo�ower�ab�doos the
<br /> - `;:!'�agc�;,-u�+!Qes nat am�ver'witl�io 30 drys a uoticc fmm�Leb�er tl�t the imvtaooe cacner has otTe�ai to`settle a claim,then _ �_ _
<br /> --- :�.eudes may ooltact the in�rmce prooads. Leuder may use t6e pe»oeeds to t�air or�sta�+e the Pioptity oc to gry sums
<br /> ��d�tneQ by t6is Seattity tamummt,whether or not dxn dae.Tbe 30-0ay period w�71 btgin when the notice is givea.
<br /> :;:-n Unku Lendec�od Bor�wer otfxrwise�e in writing, aaY sPP��ioa of p�aoaods ta.pri�ipal shall.,not eactend oc
<br /> ;postpaoe the due d�te of the monthly payments tefercoQ to in p�agraphs l aod•2 or change the amount ot".t�payments. tf
<br /> - ;tmder pan�r�ph 21 tlic Prapetty is acquired by Lendcr,Hornawer's right to any insnrance policies and prooet�l��sultuig frnm
<br /> :tl�mage to the Yropeny prior w the uquisition si�aU p�.cc to Iender to the extent of the sums sauzed by Wis S�y Tnspnimeat
<br /> '���Y Prfior w tMe�cquisiaoa. , -`:��::
<br /> ' .-f.Qoc�pMicy P��bs Maietewioe aad Protedioo ot t6e Haru�rds I.o�n �Le�old�. _
<br /> . . �9� APP�k�ifri..,
<br /> .`Ba�to�ver si�ii oavpy.esatilist�and nse the Pmperty as Sorruwer's principal nesideace within sixty days s�i�ex�cat�srsvf —
<br /> �_:
<br /> . s�ts Sewtity Iastnimrnt aqd sl�il cont�re to ocwpy the Pmperty as Borrower's pcincipal�oe for at lea��de�eu�r
<br /> _ �'tbe date af occupancy,ualess Lendec o�ise agiees in writing,wluch coasent sl�all not.be anre�sonably�e1d,or unless =
<br /> ' : ��ea�auatiag circurnstaaces exist.which ate:�eyond Borrowec's oontm►. Borrower st�all not destroy. dam�:or,impair We �,-^�
<br /> _ -- �toperty,allaw the Property to`deteria�ate,-or canmit wacte on the.Pmpeicy.Bocrowa sdalt be ia defaut�-i��aay farfeitiuic ='�--`-
<br /> �action or procoeding,whethet civil ar cn�iaal,is begun that in i.ender's goad faith judgment could result in torfeituc�e of the �._�
<br /> � caal
<br /> -��.'� '::�;;. :Pcopecty or ottierwise materially impair�te�n createdby tUis Security Insttument or Lender's sep�rity intcrest.Bomuwer may ��
<br /> ` �.�* -
<br />__ '. ;,� . ' > . :cdre svch a defaWt and reinstate,as prmR�in para�rapb 18.by causing the action or proceeding to be dismfssed with a taling � ���
<br /> -s°_�.=_ ,,. �t6�t,'in�Lender's good faith determinatian, Preciudes.fndeiture of the Borrower's intenest in t6e Property or other material �-- —
<br /> '� � .
<br /> � :`�::- :.impaim�ent of the lien c�ed by this Secarity Iamua�ent or I.ender's security interest. Borrowec st�all also be in default,if -
<br /> "��� ---
<br />'"f' . Borrowec,during ihe foan a�plication praccss,ga"ve at�erially falsc or iaaccurate information or statements to l.euder(or failed
<br />:�;;, ��.�
<br /> = �.''•,;;�w!.k • • ra�ude�.ender with aa�i mattrial infe�i�ion)in connection with the toan evidenoed by the Nate.including;but nat limited �_��-
<br /> r,',;.: ,- .;�3; aa�s co in $arrowei s' of the Pro as a rinci residence.If tfns Securi in4uument is oa a �=—
<br /> ��;, �.,�" � S �`'rP�Y P�Y P P� LY � .—,a
<br /> � � I =i' = ��51d, �arrower sl�all c�inply with�,xlG r�e prerc�s of the lease. If Bomnwer acquires fec ritte ta'tho Property, the -
<br /> , � L � ]i�e7wld and the fee titie sFal not merge�::.:pss L.e�3:�-�;rces to the mecger in writing. � �'� �4•• �-,��,q`�-
<br /> - ' � • ' , 7.Pcotectlon of I.mder's Rights in fl�e Propert�:if Boaower fails to perform the covenants aad a�reemtmts contained in '�'�Y
<br /> '• . . - �: this Security lnstrument.or there is a leg�t�zacreding that may signif candy affect Lender's rights in the Property(such as a . .;, �_
<br /> '� `�' raceedin in banktu t ,probate,for coRdemnation or forfeiture or to enforce laws or regulations), then Lender may do and � ��`'�u
<br /> , , �-, N• P S P�Y .. . '`;!�;'-
<br /> `';"�'''� •� : pay for whatever is neassary to protect the value af t'�g Property and Lender's righu in the Pmperty. lxnder's act�ons may '—_-.-
<br /> '�.:�_...
<br /> "'�"' ` : inciude paying any sums secured by a lien whic:� f'i��:�riorlry over this Scarrity'In�trument, appearing in caurt, paying � ��� �•
<br /> . �;�s.$�;_
<br /> •`--"_'�� :. . reasonable attorneys'fees and entedng on the Prop����*�alce repairs..Although i�nder may takc action nnder this paragraph •_���;�..
<br /> �;�� �;T-;�;,,;,1 7,I.cnder dces not have to do so. � � . . . .. ` ` � . �';"r,��T�--
<br /> , .:. �` . . Any amounts disDursed.+s-s� Le���..n z�:�.r this.�.�graph 7 sf1.�t1::'�ecome adaitional d'd5r_��£Borrower secured by t� �'� �"-;i'��i`� fr
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<br /> ' � T� � ,;S 5ecuriry Ia,cr�ent. lJnless�rc�civ�t�1�t..°nder�ce:io other ter_�y of paynre:LC..these a�c�+xrn:s�shall bear interest frv�-.:Iye �•i' �,'� '
<br /> �,,.; . ._ �. �
<br /> .:;;,,., '�`;rK;: - �'}�:e of di.Lxii��:nent at ti�e ��:=iate�,:'sl�all bc��-ah1c. with interest. upo;�.�atice from Lender to Bortower roqae�iag �;'�-.n:
<br /> ' �:•.sert. , . .� ' . � . � ��
<br /> I'�.. '� 1 l " • 8.��g�1��e.?'f Lenc:ec u��ind mortgage insaranre as a condition of making the loan secured by this�Sec�z�it�� . �i, �
<br />`i�':' :: ' Instrument.��c.o^�•er sr.�.L�aY E'te p�+er,�u��':s required to maiqt2rr�i�'s�mortgage insurance in effecx. If.,for any reaso�i..ttse ,"::�.. .
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<br />�'��i, " flwrtgage ins::r�Cctv.�:,���..quir�4br�'�.:.der lapses or ceases.,s L'•4'in effect.Botrower sha11 pay the prem?;:ms required to �• ,,.,,��y,,.,
<br /> �i'�• "' � 'tv�'; - _ � � abtain coverage substanfr;�l:Ly��ivale:s•�a t:�e moK��.,insuranc�previously in effoct,at�cost substantlall��a�:sivalent to the f!i,;:;.;1�
<br /> -,�;; �` �, <;:• ' east to Borrower af the r.��gage iarazr'nce prcw•��,y�;tJ:�:s'in effcct, fmm an aitcmate mortgagc insurer apprd��.i by Lender. If ���;�;�r '
<br /> � '` � substant1a11 uivalent moR a e ins�.ih°r,n:e'covera�:;as�not available,Borrowcr sir:lt to Lender each month a sum va!to ?}�`••` ',` ;
<br /> Y�l S 8 �.''. PaY �l �:�i.�;�
<br /> •- �'�� .. ' one-twclfth of thc ycarly mortgagc ir�axc,��,ptemi�:i being paid by Borrowcr when the insurance coverage lapsed or ceascit rn . f •;?":;:�.��,
<br />',,` �'' , 't�``%�'� bc in cffcct.Lendcr wiA accep�,use x:�J:t,±�'z:n thzsc�za�ments as a Ioss rescrve in lieu of mart�ge insurancc. Loss resrrFr• j �`j+�;;,
<br />�.r. '.��� , . • � `� ' FO�n1302a 9/80 ' �: '
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