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<br /> _ . ` ��c Le�td�+r ttquums. The i�a�x.ttiltri�et�ii�p��i4ing tttc inwr�oe sbalt be ciiosen by eonower sueject co l,s�ndtr�s . .
<br /> ' app�aral which siuiti aat 6e�re�o�bij,-a�it�t1; t/;btntraRer fuls to mainrain rnverage descabed abavr,l.ender cnay.at ,
<br /> I�ender�s option,abtain coverage to pcanec�i:��ri�fi in tht Pmpr�ty in accadance with pa�grrph 7.
<br /> ' � ..AU ins�uance poticies aad�ev��stc�lf t�a�p�0e�►1e�to�i.endes�nd shall include a standatd mo�tgage ciause. l.ender .
<br /> , st�!!Aave ttie�ight ta hoW ih+rpotieies�a�dt�a�t�,.l�.i��!�Soaawer shatt pramPtly L�ive to ixader atl�eceipt4 . . '
<br /> of p�id prcmiurtu and tenewa'�naiecs. Ih ttc��c��tntt►i�.Q�ss.Borrower sAall give p�+ompt notice to the i�surance cartier and ,
<br /> . Lender. Le�der:maymalcepcoofoYiossitr►t►�mMkpac+t►syxiYby�Bomnwer. � ,
<br /> Unkss LeqdGr and Qormw�er wherv�w+c�ro�.ii�;K�(a?&insurnnce pcoceeds s6alt 6e apptied[o trstoracion ar re�ir of , _
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<br /> � ` the properiy dam�gdl.if the rtstor�a�an�o�:�a►ii;ix:�icalty teas�'bte and Lender`s-security+s nat iessenW. ff the . .
<br /> � nestmatiun�ar repair u not econaricall�.fe�ts�''t►�e•c►1.�rr�security a-oulA be kssened.the insut�u�ce proceeda shatl be _ —
<br /> applied to�the smns sec�m�by tlti�Sexunt��:ibct�umr�►tr�t�ether ar not then due.with any caces.c paid m Honower. If
<br />_ - Bamwer ab�►d�ns the Property,oo daea n��anx�er:�ai�in 3D days a notice from.Lender ttmt tfie iasu�ar�ce r.urier 6as
<br />- - � offend to senla a c[aim.thm L,cnd�r m�y.ai��t4o�intiai�t�nce proceeds. Lender may use the procecds[o�epair or restor�e
<br />°- . � the Prupetty a to pay snms saccuedb�,tt►uS'Gt�iti�:tits9ttvnen4�tKtt�er ar nat the�►due. The 34day period will begin wheo
<br />�-- tbe aoua is given. . :::>:�•.
<br />�_ Unless Lerder and Bo[�o�e�att�etv�ss�c���'o`•wiiting,any applicatiort af pracceds tcs principa!shalF�w[e�aend�ar,
<br />-`..,, past�nne the due date oE thc mac�;t�tl;Pa?��'t teferred w in P�B�P�t and 2 or change the amount of the Qayments. IF
<br /> :�: under paragrnph 21 ti�.Pmpercy;is�ntt!t!ti};Lender.Bomawer's ri�ht to any insur.utce policies and pmceeds resuiting -
<br /> -+_. from damage ta tiie Fi+opert3r pciao�att��quisit�ra�st�U pass ta Lendgr to the extent af the sums secured By this Sccurity ---
<br /> - � instruc[�t immediareLxpr�ocoatt� '' �an. ' , —.__,_-_
<br />° � Oocapa�e�. Pnsrnsl'�,r�.;• ainte�nce.�ad Protectlop o�tl�e Property: Borrovre�'s Loan App{katioo; �T�:,
<br /> I.tasebolds. Bocrowec sAal� ;e'stablisb.aad use the Praperty�Borrower's prinipal residertce within sixry days after ���_
<br /> �PY �Y' P��P� ��..��:
<br /> the executian of tllis Seeuiisl�l3�nent and stall continue to the as Bosrower's i res:dence for at �y,-
<br /> ° te�st a�e yeu aftee tSre c�i-`of occupancy,.unless Lender otherwise agrees in writing, which consent shall not be ���-�_"
<br />.: ��' unrrasonabIy withi�L�;aa e�'ess eatenuating ctrcumstarkes exist whicb am 6eqond Barraarer's comrol. Ba�rrnver shall nat ,.��:TM
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<br />�•'°•�'� desnoy�d�nage or ics�c�+a�i�e Property,aliaw the Pcaperty to deteaaate,or commit waste on the Property: Borrawer shail z�:
<br />;•�:;� be ia defaute if attg•f�3rbii�'re actiort or proceeding.whether civil or criminal.is begun that in Lender's good faith judgment =��.
<br />`�`���1, � .;:_ • caut�result ic� focE:mii�of the Property oT otherwise materially impair the lien created by thi�+Security Iattrument or - r� ,,,.3_� _,_-
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<br /> .,:��i,, Leader's secaric��idtro:s4:��orrower may cure sucb a ctefault aad reuistate,as provided i��segaph 18.by caasing the action ,
<br /> ' - • oE proceuiin�e�taed"�tt�ssed with a suli[�g that.in[.e�x's good faith determination.�tudes forfeitum of tl�e Borrnwers _ _ —
<br /> �.•�':� �� interest in the Fl+3pccer�jc�a other material impairment of the lien created fn-ihis Security[nstrumeni or I.ender's security � ,� '
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<br /> ,,;:� - � � interest. Barzv�xee.shali atso 6e in defautt if Sorrower. during thc Imn application proces�. gave materi�lly falsc or
<br /> ..�'.�..�'� inaccucate inPc�matinit or statemeRts to L.ender{or failed ta provide l.ender w�th any matesial infomsaaon}in connectio�s with .�` '��';•`�
<br /> � �` the [oan evidcnced by the 1Voce 6utuding, but not limited to, repretientatiorts conceming Bomower's• occupancy a�-the .. � __
<br /> ,.:;� Ropert�as a Arincipat residence. If this Security Ir�strumeni ix on a te�asehotd,8oaower shall comply with all the pruvi.�aas :... ;, _,,y,�:��
<br /> of the lease. 1€Barower acquires fee titte to the Plropeny.the lea.sehold and the fee title.shall not merge untess Lender agrees �r�s�:_�: �.• -=_-
<br /> ;;:;• , . to the merger in wrs:ag. � . : .`_, >;`_^ -
<br /> � t f ` 7. Pratectjon of l.eader's�tights in•the Property. ff Borra�ver fail�ta perfnrm the Fovenants and agreemen�S � •:�
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<br /> . �,,.:., � contair�ed in this Security Insuuc.rw�� or these is a legal pror�eediag that may si�ificantty affect Lender's• rights izt the : _ . . �
<br /> �1,rY1l.�.�,.. ' pcvpecyy(such a�a proceedic�:r.�:�nkr�rptcy,probate.for coc�3etinatian a�farfeiture or co rnfame laws or regu}atioi�.�i.Uxen . ^::•_,._.�:.��
<br /> - �'°;``�= {.etn�er inay da aad faru3�tec�et ic neces�, to ec�t��cutue c�f the Fro und Ixnder's ri s m the PIv �'�.�;'����-.i
<br /> � . ,�. ___ P�Y '�Y P� I�Y �• �'' '�t:<�,�,:,,.,,.,�� :
<br /> . '.���� t�� �.>;�;: , Lertder's aclions m�ati°Include paying any sums secured by a li:i a1rich has priority aver this Security Instrument,aQ�ng ,,.,,,-:, _
<br /> ?ir �- .- �_ � � in cauri,paying n�sonable attomeys'fees and entering on the Property to make repair.:.Although Lender may take�on • -,. �
<br /> •� �'';� t . =` ' undesihis pamgrnph 7,Lender doec not havn tada sa. ��' . "�.'.°� '
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<br /> ' � �ny amaunts disbursed b}•�.ender undar lhi�pazagrap'�7 shall becnme additional debt of Borrmver secured br::i�i+ �.._
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<br /> `;�s':: - :, . Se..�,-�y 9nsmrmen� Unlcss Borrowzr and l,endsr agtee to w:�rr:tertns af payment,these as�oant�shall hear interest fiv�che , ,. • -:--
<br />'�'�`'���-�� -r��� '�� � date of�disbursement at[he Na::rate and xhall be a abte.�z�h interest.u n notice fr��l.ender ta Boaawer r a�iin � ' � ;
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<br />, , ,;.,:,�y -.:�. payment. � _ . . • . '__
<br /> . I�'��� �� � � 8. Mortg�e.�u�uranc� if Lender requ�red martgage insur.mcc a:u cnnditian of making t�s Fo�,:n serured by this - � --
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<br /> "`��� � "� . Security Instnimem. Baaower�,°,�1 pay the p:c�rnium�rcyuim.d ta maintain the mar.gag�insurartce i�effect.' if.{�r any
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<br /> � , resison. the mortguge insura::ce a�serage required by Lender lap.res or reaser ro � "s�effeci. aarrawcr whait y�.�the , .:�;°'
<br /> `-`' � premiums required tn obtain ea��:ege suhstantially cquivatent to the mongage in.�.^.:uf�:�pr�wiously in cffect. .c.�.cast.' ' t�'s�';��';
<br /> � {r:;-.''•,, � substantialty equivalent m the a�cg to Barraa�er of ihe mongagc insurance prcviousty ;:effect,fram un altcmate murtgage t'`
<br /> � insurer approved bti�i.ender. If substantialty eq;rivatcnt martgagc insurance cc�veragc:.^�i available.Barrawer shall p•ry to �=- ����J
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<br /> '"`.� ;x�}�y�` � Lender cach mor�a sum eq�:.;to one-tweifth of the yt�arl y mortgagc insurance prem:urr�being paid hy Hnrrower when the , ��:.�;`''`_
<br /> '+%�� -:�.��'� � in.vuranee ro��era�e 4apsed ar e�:�d ta be in efferi. Lender will accept,u�e und retain ei��::payment�ay:�los.rcKCrve in lieu , � ' ���"'r
<br /> '�'?. :�'"��•,�._::, of c=��age inssraarc. La.t re�::n�e payment�may no tungcn c�u�uircd.at ihe o�*enn�:if Lendcr.if murlgage in�,ancc �. • •., w-_ �
<br /> • ��.s:��`.-•,.-.., coL•e*2�a lin the ar�ount and forthe perial that Lendcr ceyuirc.r)ptavldcd by:�n insu:<�c�,�,'avcd by l.ender again IT;:�mes � - . _
<br /> ���:� •� •':;�ns= Av�ilabte and ic o57wiaed.Borr�w�er�haU pay the premium.rryuired to maint.�in morlgsg�rr,.urance in effect,nr tn�:�,c'sde a � ,..
<br /> -. ::�= lakc rcticrve.unta5 crr requirrmcnt fur mung::�r intiursmce rnd.in accurdancx u ith any«r�ttcn agreen:.,�.�etwccn Borrnwcr � ` - .. .'';
<br /> , • ., and Lendcr or�pplicabte law. � �' '.;
<br /> 9, lnspechon. Lender ar its agcnt may makc rcasonabtc cmriry upon and in.pccti�m uf the i'��vs,�.y. Lender+hall � , .�E;:�-
<br /> ive Borrower notice at the ti�af.or not to an in� ctiun y cif ui�reatianable cuutie tc�a ihe im �tion. �� �
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<br /> �h • 10 Condemnation. Tt1:prnceed���f any award or cl�im�(i���dAm��ge�.dirrct ur cc,n.eyuential.in cnane�;iian�wieh.�nny ' . .• '
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