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<br /> — , peciods thu txMer�+equices. The insu�eei7ariK proviainE the Inwr�e sh.tr be cbasen 6�►eanawer subjxt a l.aderT�
<br /> appmw!which sh�U oot b�urueuooably�withlrcid..if Bamwer fiuts ta�aairuain covcra�e QescriQed above.Lender tn*y.�t;
<br /> ' Lendet's optioa.obt�an covera�to protcct Lender�rights in the Properiy in�ccordance with paragraph.?.• •. .
<br /> All insur+tsce polic�es and cenewals shal!Ue acceprabtc tn l.eadct and shall inctude a standard mort�tage dauta l.ender
<br /> ' sfiall lwve the rig6[to hold the policies aurd rcnewals.If Eander requines.�orrower shati pcompty give to Lender ati ceccipts :
<br /> __ of psitt pte�i�t�s�ad�neera!unt.ices,_ta thc cvent of lass.Bormwer sl�T!giv�prompt notice to tfie in�ur�e c�irier and . .
<br /> � Lendet.l,ender may make proof o�loss if not made promixjY by Borrowu. — — -- --
<br /> iTnkss Leridtr and Baaauts atl�visc agsrr-in vuriCsng.ins�irmxe praeeeds ska!!be npplied tu�estaretion ar tep�ir o[ .
<br /> - tl�a Ptnpertu dam�gpl,ff tM cesiarrtioe or tieQair is e�onomiplly feasible and txnder's security is not tesserfed. I@ the . �
<br /> � n�starrtioa oc�epair is mt ecanamisally fe�sible or Ixnder's sccurity wauld be tesseacd.Wc insurrn�.�e proceec�c sdai!he
<br /> applied tn the sums secuted by this Secvrity IasUnnnenr.ufiether or aot then due.with any excess paid to Bortowu. It
<br /> Bampwer abandons the Praperty.a does not answer withi»30 days a notice fmm L+cadet tJ�t the insurance c:uziec has
<br /> offarrd w s�tle a claim.then E.enda may wllect the insurance pmceeds. L.ender may uso the praeads ta[+epais oc trstae
<br /> die Ptapeaty a to pay sums secured by tius Security Inurun�cn�whether ac not tf�t due. The 30�efay peread w�ili degin vvtkrt
<br /> the notice is glveo.:
<br />== — Unkss Lender and Borrower ahe�vvise agee sn writing,any appiiption of proceeds to principat shatl not eatend o�
<br />_— pastpone ihe d�rc date o�the monti�lY payments refern�to in paragr.iphs 1 anA 2 or change the anwu��of the paymencs. If
<br /> -- otrde��agraph 21 the�rupe�is acqnired by Lender,Banower's right to any inswanoe poGcies and proceeds cesuJting
<br /> from damage to thc Property prior ta the acquistition sha11 pass to Lender to the extent af the sams secured bx this Security ,
<br /> - _ I�dumentimmediatelypriortotheacquisiGon. �
<br /> f� Oav�ancy. Preservatia�. Maintenance and Protectioo of t6e Property: Bosror�er's Loan Appliatioo;
<br />.',:� �_ l.estsehoWs. Bomower shall accupy.estabtisb.�,a u�u�er�m�e��e�5 Pri����a���5�a�ys��rc�
<br /> ` the eaecution of this SecuUrity G�nmient aad shall conamie to occupy the Ptoperty as Bwrower's principal residence•for at•
<br />..'. �pst aie year after tl�e date o€accapaacy. untess I.endtr otherwise agrecs in writiag. which consent shall not be _ �
<br /> . .�aa�asarably withhekJ,or unYess extenuating circumstar�ces eaist whicl�are beyond Borsower's ronuol. Bamwer shall not ,
<br /> �d�qy.damage or impair d�e Rv�ercy.aIIo+u tbe Property to deteriorate.or wmmit waste on the Ptoperty. Borrower shall
<br /> - �`; .::�!i�e-��.defauft.if.aay forfeiuue activn or proceading.whether civil or criminal.is 6egua that in l.ender's gaad faith judgment —
<br /> � ;+��=� resuit�qi t'arfeitare af�.P�o�e►t�as otherwise materialty impair the lien c�atec4 6y this Security lnstrument or .�. �
<br /> • � ';f�:r�Qer's secarity intenest. BQCrou zr�tiay�sucb�default and reinstate.as provided in paragaph!S.by causinF the action �,, ���.
<br /> ;�a � � �`i3c�roceeding to be dismisse�,��a rulmg that,in i.ender's good faith determination.�ciudes forfeiture of the Bcxiower's h�;�
<br /> � � ` ' g�rest in ihe Property or other materia!ir+�pairment af the lien created by[i�is.Sscusiry In.strument or Lertder's security • ���;a._=ti
<br /> �- �`__���-�..
<br /> - .- ',�:'erest. Borrowet shall also be in default if Borrower, diuing the tasn applicatfa�s proce.ss. gave material[� fatse or , �.= _
<br /> ` .6�.:�;� ;�, inaccurate information or statements ta Lender(or faited to pmvide Lende�uith any rtia[eria�information)in connection with �;�,�
<br /> - -=�.==�• � �tfie laan evidenced by the Npte. including. 6ut not limited to.rep�iations conceming Horraw•er's- occupancy oP tfie -
<br /> ��":�='`-�' ' �E�CO as a rinci resideace. If this Securit Instrumeeti is on a teasehotd,Boaovicer shail co i�aith ali ihe visinns �`�'"�
<br /> PertY P P� Y mP� F� �,�---
<br /> " � ��*1�:the tease. If Borrower acquires fee titfe to the Propecty.:tfi:Teasehatd and the fee tuie s.-�all nat merge unless Lendesag:ees ----��_
<br /> `.�' ' � 'Tathe merger in writing. ;r
<br /> �r��� ?. Prdecilon ot Lendu's Rights In the Propertj: lf Borr,�H�ar faiLc to perfom� the carenaats and agnements . �=_---
<br /> . . .. 5-r-p�.'�,-«'.�-�,.�� _- _
<br /> ; �,s contained in this Security Instrumen� or dizi.r is a legai proceed"c.��*•�fc�r'may signifcuntly affec4 �der's right�4 in the
<br /> sucfr..,:s.a eedin m b ate.far candemr.�nc forfi�ture or to enfusc���%�?�r re tations),then —�=°•
<br /> `:=i;::;_,� -- _--.- --• re`;.r,�
<br /> ��:� pmPertYt P� S. ���.�4� � :;,�•.
<br /> ;'�,�•�, ••r • ` �der may do and pay for�vhatever is r��ary t��SCV�ecx the value af thc Property and l.endrrs�cits irt the Property. � �;
<br /> ` ``����`�` 's f�er's actions may inctude paying any s;:;_.s s;c4�t 6�;:•tien which has priarity over this Security Insmimen�appeanng . r�� � -
<br /> ' �'� -,-; � '� u�*�un,payiag reasonabte attomey.s'fees an3 enierina a,�the Property to make repairs.Althau„rh l.endet may take actcon ;.
<br />•`,+`'•'.` '�` '� ;�•�_, . ; s�r•„er this paragraph 7.Lender da:s not ira;:����o so. . . • . •
<br /> r�'''' ` ' Any amounts disbursed by l.ender r;zsa�+�'}is para�raph 7 shal}6�:crnc additianal debt of�a.�wer secured by this
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<br /> , 4; ,: ��.,-,� ���f :.. . ,� S:.curity lnsuument. Uniess$orrower ar:�C.er�u:`c agree to other term�af�y�ment.the�e Amounts�.a�.�S�3ear interest from the :••,
<br /> ' ;,: • �, � , ii:�?e of disbursement at the�'✓�e rate and sf�afi be paya�S�,..u•ith intereyz.apon natice from Lcaderr3 Borrowcr rec�e�.ting � .�,;,�;,,
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<br /> � � �i".^�: -;:r.���:7 '� , . � S, Matgage iosur".mra�.:.�f Lender reyuired moit�,,`~:insurance as a con4�:x�of making the laan secar�,�"r"-�s � ' `':t�'4+;^;,' ��
<br /> ` = = _�''-'�- ' Securiry Instn�ment.Borro�:s3:~;.�tal!pay the prcmiums reyuired to r�t'ain the r.:o:;�age imurance in effect. if.�for artX.
<br />:�',,:`-;'.;. � "�j: �••.�..�,�-,� ` rcason, the mortgage insur�t:e caver.�ge requirui by Lendet lap�:.�.cr. .ceareti to he in effect. Barrawer �hail pay ti:e �
<br /> ;:�.;; ,,..•':,:,,• premiums required to obta�.?-�:�vernge sub�tantially eyuivalent to a��r�r��.�rtgage inyurance previausly in effect.at a casx � .
<br /> '�:is�>.".; • -xubstantially equivalent to ii;���st to Borrower af the maRg�e ins�:�;�prcvio4�';� in effect.fram an altemate mortgage � . _
<br /> � '';�;�:,;g:.:. , er.�surer appraved by Lende.: G�substantiaUy equivatent rr.urtgage inyurance cover,��,�not.rvuilable.Barrower shall pay tn •
<br /> �; •r'°a��; •: [.ender each manth a sum v�?ual'ta one-twelfth af the�::.�clj�mnrtgage j�surnncr pr•.;�s;"sum 6eing paid by$orrower when the =
<br /> ,,;'�",, �" ��;{� ,�,�},i : ' insurance coberage lapsed or ceased to he�n:�-.'fect. Lend��r will ttccer r:c;::and retain these payment�a�a loss reserve in lieu � .�'•
<br /> � ., _. , of martga�e�r�vrance..l.ac.c reserve�;-�.�+a-o.+,may na Ioager he fis.:�rair:d.at the option as l.ender, if moAga�,e insurance '
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<br /> � ��"; c�vera e(in the amount and ior the Ld��`�-��ndcr r+•�.�.:e�) �•viu:t b an in�urcr a ravcd h l.cndcr a :�in berome�
<br /> � . �'' k�", • w•=allabie und is obtained.Bocrnwer!�haU pap thq prcrr:r�,~��re:��ire�;�maintaim m�r�_age inrur+ncc m effect.or to°r�:yz;d�a ._�,.: : ' _.•�i:, ',
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<br /> ,, ,t, toss reservc.until thc rcquir:2ttent for mortgage in.rur.tr,:�:�.�-i,".�in aerntdance w•ith a�r� °�tidttcn agrccmcnt betwce�.�a�'owcr ' '�;r-,�;,:,:�,�•
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<br /> �. , and Lendcr or applic�blc lacr. < <
<br />;� .,r,. " •. - � ;. :';;':r:�•.- . .
<br /> ,;.�};, . ��.;,. ,. . 9 lnspection. Lcndcr or itz agent may makc rca+onabfc cntri���pun and intipectiom of thc Pro}xrty. Lcnder�hall � ,Y:,!_,
<br />':,"f,,:�• . • givc Borraw��r rbticc at the timc uf or prior cci an intiJxc�iun.�x�if�is���^�s,�roahl�cautic fur Ih�inti�csion. 1 '•ti. .
<br />� '��, ' ���'";'�':--� 10 Condemnatbn. Thc pnxcrQ��uf any:►aard c�r claim f„rc�..n:;t:c�.direct ur con�cyu�r.c:,;:4.tn cannrctian with any � � � '� '.
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