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<br /> c� ` pllfOdS 1�1it�.CfldCf.lOf�111R5. �IC�Ci[I!C[�vldU1$t6t 11�i7�G S�fi��bG CfI0.5GI1�►BOROWet Stlb�l.'Ct Ib�!'lll��� ` '
<br /> • iQQNY�WIUC�t SII��IOt bE[m[C�W1tI1�1CId. If BOfidWli f81IS L4�lA1�1�COYCI'1.$C�l,4Cf1�GCd A�YQ�i.a�det n�y.p ` .
<br /> � i.ender�s optia►,�in cove�age ta prutect I.enacrs rights in tbe Ptoperty in accoMatKY with paragraph T.' � .
<br /> � ' - AA�cc pdiicies aad reawat4 sl�all be acceptabte to Lender and sh�il include�s[anda�d mortgagc clausc. Linder
<br /> shail have tbesi�ht to hold the policiss�qd reoewals. If Iktder rQquines.Botrower shail P�MIY&ve ta Lende��11 meiptr
<br /> of paid p�emi�nu aAd zenewat noticcs. tn the event of ioss,Borcowcr shatt give qvrapt naice to.the insuro�xY carrier anA •
<br /> � �ender. Lender may mai�e proof of Iass if aot made pranptty Dy Bamnwer. ' ,
<br /> � Unkss Lender ane!Baurower othe�►vise agr+�oe in writing.insurance praceeds sh�ll he appliod to cesux�tian or.repair nf
<br /> Ufe praperty damagad,.if tbe nestoration or repair is evonomically`feasibte and Lender's-serunty�not tesu�..ti titr . .
<br /> restaration or iepais is not eca�omicalty fe��2e ar I.ender's sec�uity wouid 6e te;�se�i�e insutance proceedg.sh�116e
<br /> � apptied to the smns sec�ued by this Securiry Insutune�►f,whether or not then due,with�ury excess paid to&Krowee: tf • .
<br /> �onuwec ab�ndoos the�R+uperty.or does not answer within 30 days a�mtice from Lend�r that�iawrunce cartier hay .
<br /> — offeerd tp:settt�a ciaim..then I.ender.may rnllect the insuranoe prace�s: Leader may use the proceeds ta rcpait or�rstae ;
<br /> - — tt�C Pres�eit�;ot to pay sums secuced b.�iTj�is Sacurity�tai�ent,_wbethes or�tot d�en due. 'i'tie 30�day periocf will hegin whrn
<br /> 3- tfie�wn:�is givea. ' • . - ,
<br />;s-- — Un�ss Lender an¢�o�rawec ott�vviseag..���x�g.aay appliration of procceda to prinCipAl shaH�noi�cxt�nd R<< ;
<br />_ •�;:�igone the dae date:oF.�b�moadilg PaaYr�s�Yo ia ParaB!�Phs 1 and»or changc the amaunt�pf fha g�ya�ents. If
<br /> z�.;r�?nder�r�pl�2! the Piape�°is���.ed is���er.•Boiiotiicrs right to any insurance policies and,pmceeds tewtti�g
<br />` .,��i�:ta tltie Prropeity prn���.xa=acqui�shali pass io l.ender to the extent of the sums secured by this Securiry
<br />_. Iti�it.:,^*i�:`,�;im�edia�ely,pi�artRt'��tt�- '-:z=°=.:.:: .�.... . . .
<br /> � .6::,� ' ��.11laiate�� Ptoteclion ot tUe Property; Barrower's �.opn Appikatba;
<br /> '�1��+_.: .. � t�•
<br /> . l.tASe6�'r:f$ort�t+�.�:�i..~�.:�Stablish.a�;��;t2se Pivpetty as Borrower's prinsipai residence within sixty days after�
<br /> - tltie e�cecuuah of tifisf5�£i�r.:q.7�nt,and sir���aa�nue to arcupy the Rro�►e�ty as Borrower's principal residerrce for at
<br />- 1� �•: :� ��r;r�e::��;:�;��tpancy, yi��s Le�xier`cstt�envue agrees in wrivag. which conseat shali na 6e
<br /> unreasa�withhe�:4k�s�.�..'�.�tu►S c�rcurr�s[attices exi�?��ith are beyond Borrawers controt. Barowet shali rwt
<br />= desnoy.,�.�age or�i�e .'���allnw the Property��e:iorate,or commit waste on the Property. Bomower shalD: ---
<br /> " - , be in,�e`�2t:if,aay:fn.-��actra'if�it pcoeeediag,whetl�er es��'or criminai,is begun that in l.ender's gaad faith judgment
<br /> ca�sis�':ia forfezairz csf the Propeny or otheiwise mateiiatly impair the lien created�fiy this Securiry insUUment or ____
<br /> • '°�.' Leipc3zr-?s:seiurity i�L<8omower may ture such a default and reinstate,as provided in paragraph 1R,by causing the action --.—_—_
<br />- - or peni ',�';ng to be�i�s�issed with a mling t6at.i�l.ender's gaad taith determinalion,precludes forfeituce of the Borrow�r?s �� -"
<br /> ��.��...�
<br />- - ' int�iii;the Pco{�ecty or ather inaterial impairment of the lieti ctrated by this�Security instrumem or Lender�security , ����¢"•
<br /> ,�_� � in��t.;:$ormwer shall also be in default if Borrower, during�t he loan app tication pracess, gave a teria l ly f a h e a r ����-=-
<br /> `° - .: inaccaii�ate informatic►��sr statemen�s to Lender f�fasled to pcovide Lender with any materiai information�rsin connectian Kith ��1`���_
<br /> �`; � �altr laan evidenced�:b�•:he Note. includin�.but.ra;�.�`�nnited m, representatiaas conceming BarroHer:s occupancy of ihe , i r;
<br /> • ' t�--•. ;Ruperty as a princ��3al r�sidence. If this Security " 'r^��ent is on a teasehold Borrawer sbati comply with a!1 the provisiunv _ _ _
<br /> of the tease. If BamQa�e.r-acquires fee title to ihe PruFerty,the te�sehold and the fee title shali not merge unless 4ender agrres� , ---------
<br /> , f�z to the Fae�ger in wrT�;�:. • ; "_ ,
<br /> � �, �rptectb��i�:ender's Sng6ts in ihe Property. �rf�arrower fails to perfonn tbe covenantc and agrecments �"`'w�{
<br />., '�=' contai�ed�is►this,S�a�~"s[� Instrumeint. or therc is a legal �rai�ir�ng that may significantly affect l.ertder+ ri6ht+in the �=
<br /> '�� • Property(such as a pr�'r"xding in banlcruptcy.pro6ate,for condemnatian or forfciture or to enforce laws or.re ulutions).then � �-�
<br /> .�.: :
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<br /> �;�°`�•�r Lender m�y do and pay fot wi�atever is necessary to pratect the value of ihe Praperty and l.endcr's rights�n the Propeny. . - :�-:, -
<br /> Lenders actians may include paying any sums secured by a lien which hac priority over this Security Intitrument.uppcaring . ' • __
<br /> in caurt:�paying reasanable uttomeys feey and entering on the Property to make repairs+.Atthough Lender may takr actinn �
<br /> .�,' r:�;�:;;°� under this�ara�raph 7.Lcnder dces not havc to do sn. -.
<br /> � ^--�=� Any amountc disbuned hy Leader under thic paragraph 7�hall becomr additianal debt of Borrower securrd by thiy :
<br /> • . ' ! •' � Security[n�trument. Unless Borrowcr and Lcndcr agree to ather temn af paymene,thetie amauntv shall brar iatere�t frum ihc '��. • - _
<br /> �'°= date of disbursement ut the Notc rate and sh�lt bti payabfe.with interest,upon noticc fram 4ender to Bnrrowcr rryucsting ,
<br /> • . ; S � payment. ' -
<br /> ��;; .� S. Mort�Ae lnsurance. fFLa,.*ider reqair�d mortgage in.=�rance ar p ronditian at m:tking the loan secured hy thi.
<br /> �l ' �• Security t�n�trument..Borrower r�h:!'.,pay the premiums rcqaise;tv sstaintain�he mortgage imurance in cffcct. If, far any '
<br /> ��;. ...�
<br /> ' ��•��' � reASOn.u'�:•mortga�e�nsurancc ca�erage rcquire3:by Lertde: �ap,es or ceatie� ta hc in cffcct, Borrc�wcr tihall pay the ..
<br /> '���� = premiesrns.required r�,obiai�caver�gc .rubuantia;�� eyuivulen[ to the mort�.ge in�usancc prcviautily in effect, at a cost . ;
<br /> • '�'�"?': substanti��f niva'.ent to the caxt to 8orrower of ihe moR a e insurarrce r�riau�l �n effect.frnm an altemate man�a�e , -
<br /> ���. :j:;: ' insurer,��aYed by l:cnder. Ii'yubstantialty equivalent ma ga�e;:��uranre cac��rag�i�not available,Borrower shall p y U► . . t.
<br /> � ""`'°" Lender e�:.�month a sum cqual to ane-twelftb of the ycarly mo*'���ir��ura:��premium Neing paid by 8��rrawer when thc ,
<br /> .;;�;,.��, Msurar.�..average t:�4ed nr ccaticd to bc in effcct. i.ender wiil flr:�r�:.u.c;z::�.rctain the+c paymrnt�a�a losti rctiervc in ticu � ' __
<br /> �t�-"�.-�-_, of mortgage insur�r:,�c, l.oss rc�crve paymentti msy no tonger�:requirc�at tae option uf i.cndcr.iP m�mgage in.urancc .-
<br /> �`'r ' caverage(in the aanv�;::4 and far ihe pctiod tltat(..e:r3er require�)provided bti:��r-imurer apprc�ved hy t,rnder ag.�in Ixrume. , ,
<br /> ' '�, -iG;; � available aad is ahta::�:ci.Barrower shall pay ih°p:�!iums reyuire3 s�r.;i'sn:a:.�'sttntig.�ge imurance in eifect,or to pmvide a
<br /> .�
<br /> � ����.• , tos.v reserve.until thc rcquiremcnt t�-r.ior�gage i�irur:�nce end�i^::�:ci:s::ce a ith any written agrcrmcnt lxtwecn&m��wcr
<br /> • 1'�.,'•'?�.:. and l.er.der or applicablc law.
<br />. .'r•iCti'�.
<br /> • ��?;'•^ 9 Inspectiun. l.cnder or ir,a;�ent may make reasoc�ahic•�r:-rir+;�pr,n and in�pcctii�m uf'thc ProEnr�y. l.cnd�r tihall
<br /> �`'�: : ... givc 8�mower nutice:�c the time��f ar prior to an i��,p�tion sfnnc:fvia�rea�cr^k!:cauu f��r�h�impectian.
<br /> �:_,.••. .. 10 Condemnatian. The prckcedti af tui3•auar�c�r clai�ti,r dama�c�.dicect ur cun�equential.in cannectiun with any ,
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<br /> SinFIC Fim(sh•,.Fnonk�lue'iredQie Sfac 1�t6'leNt�tt��'1'Hl'S1V.�'f--l�nit'��rm('oticnam� 9;90 �r,�c�.+�,fi,�„���, � .
<br /> � . ',:i:,'-:'_. frtr.d 1.Or+6u.larsf Vutm�.In� � � ..
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