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<br /> ,� .�` pa;ods tLac�i.euaer ieq�. 'nfe in�ranoo rairier aoviding me�s5au 6c cr�osen 6y eonower subject ro La►aa's . •
<br /> , appnwal wWc�al�lt not be am�e�sanadt�withheid. [f$ormwer fsils to maintain coverage descn'btd obme,l.ender n�y.pt ,
<br /> - l.mder�aptio�r,abvit�cuvecage toprotect L.andePs tights ia the PtnQetty in Accoidaeoe with psragtaph-7.
<br /> , pp insyrance pol�aa aad r�aiewals shalf be aooeptable to i�ender and s6a11 inciude a sta�Wud ma�igage ciause. Lender
<br /> ` shail have the rigin tu 6oid the poiictes and odjewaLs. if Ltnder toqaires.Borrower sh�U promP��Y S�ve to Lender al�teedps `
<br /> of p�id p�emimis and mxwal noticts..Ia the event of toss.8arowet sh�ll give pcampt ndi�x ta tfie insurance rarrier and -.
<br /> � Lender. Gender may matce proof otloss if aot tnadc�ro�t!Pdy bY BoROwe�
<br /> ' � Unkss Le�der and Barower othe�vise agee in wnting.insurance praceeds shall be�pplisd w restaadon or rcpair of
<br /> — ' .��tbe ptoper�y dut�aged,if d�e restoratioa or reptir is a�r�nsicefly.feasibk.,and I.eade�'s suviitg is dat less�ned if the . _
<br /> < restar�tias ar e�pair is oat ccanomically fea�i6lo a l.eader's security would be lessened.the irtsumnce pcoceeds sha[i be
<br /> �lied w the swns stcurcd bp.this��SeauitY Iamum�nt.whether or not then due.with any excxss paid to Boaower. If
<br /> ' Bor�owet abaadoas tbe Pcopetty,.or does not answer within 30 days a natice from Lertder lhat the insurdnce carritr h,�s
<br /> ` off�ned to seuk a elaiaa.tl�m f.ender may colket ihe insurance pcoceeds- Lender may us�the proceeds m cepair or restoR
<br /> . ' thc Pkopnty or to pay swns�d by tfiis Security[osaument.whetf�or not then due:7'fie 30d�y perial will h�egin when
<br /> -- ' tLe noticc is given. ' `- - shaU not exund af
<br /> �- � [tnkss Ixnder and Bamwa pthenerise agree in writiag.any applu:ation of proceceds to pr6uipal
<br /> -_; postpone tl�e due date of the manddy:payments�ferred to ia pa�ag�aphs 1 and 2 or,change the amount of the payments. If
<br /> _�= aidsr paragrapd 21 the Property.js ace�aired by Lender.Borrower's right ta any iu'sutance policies and proceeds resulting
<br />_ . from damage to ttie Pnnperry prior w the a�eqwsitiaa s6a11 pass to l.e�der to the extent of the sums secu�+ed 6y this Security
<br />-'=�;; � In.s�carrteat immediately priar to the acquisntion.� .
<br />. �, i ` 6. Ocropaocy. Presen�afloi�: '�4,���aad Pro�ctioa ot tbe Pe'Mperty; Bursa�s's t.oae Applicadon: -
<br />_:":���,'� � � r as Bnmower� �esiderzce within si�y days after .
<br /> �:�; �::�>';, _�E.easehofds.Bomnwer sUa�accup!�.��b,and use die Pcape[�;��. P�7n�P�
<br /> =- - '.��;` ;`(!�executiaa�af.this See��:��`�.��e,c�t�shaU cvs��to•�.�:the Propeitgas-8omoweis principat ressdence foE.ac
<br /> '� :l'e�st onC c�.-,�'�.�es,�,' s� 8�e.`���cy..vnles..;�q�r.".r�ie.,-�se agie��srk�:xszti�g,�a�it conseat �ali nar t�e
<br /> y� , � `, ` � ,�..a's��'�,-�� ��e�s»�z�,;�tre�. Bocr+pu�er shall n�
<br /> flnYe�s�il����:r:c��.�s.sz�;�zt��.cestw---s' .�5!� -
<br /> ;�.:estmy,�or impac�2'���Y��'�t�YV:�'r�i��r saz"..r�._:��:�'t,e�die L�y�eity. Aorrower sf�:�.;
<br /> .� !�in default if any fo�'fea*.,a�acnia�i�r�.����'ig::t���r er�c'€c�:�'r'.�tal.,��s�xc�i��t,��i3�'s g�od fa.�7��d�te'.s
<br /> �.� r' - �`�'�i f�-iT�C t�Lait����.'1".:=��;',+�D,�Y"i'7Cil�.Q� _
<br /> �. •• «�:nil�iesuli in forfeitw�z of tiie i'rapect�;�?"��?.�`. 3
<br /> .�,
<br /> ��:+� �.ender'ssecuriryinteress. Barruu•ermayeuresucA�&�f,3nft,�,�r��r.asprovt�iaipacapa�L�sc�����=actian -----
<br /> � _ '''": ' _ ::.�� raceeding ta be dismissed with u ru�in�[hv.in Ler�3ir's'guod�2�'1r•�t.�retmination,pncludes€'r�i�.�.�srw.�'r"ae rn.'�rower's --
<br /> n.� � - � . . �
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<br /> mterest in the Property or other material impaimieni of t�ie ren er�ted by this Security� tnstrit��..��r�.e�s,.�,s'secarit�•�• � �.��_
<br /> .` �nteres�t. Borrower shall also ba in default if 8orrawer, during the„loan application QRncess, gave mate�:} false oF �.�, --
<br /> o n _.
<br /> - ��inaceurate infortnation or statemencs to Lender(or failed to pmvide Leiuter witA any materea�informationl in conueclion with __�_
<br /> the loan evidenced by the Note,inciuding, but not limited to, repr8:seritations canceming Borrower's occupanc.y of the � _
<br /> Property as a principa!residenr.e. If this Securiry tntitrument is an a teacehold.Barr�H•��r�h.1i comply with all the provisions
<br /> � ' � tea. . If Borrowtr a uines fee title to the Rnperry.�hc tea.�ehcfld and the fce title yhall not merge unless lxnder agrees ��`_�
<br /> , of the ce cq �s-
<br /> �.� - , to the merger in writins.
<br /> - d•`: . � Z pirdection o�l.endet's Ri�htg in Ihe Pt�perty If Rarr��cr faik to perform thc cavenant.r• and agreementc ar
<br /> E . contained in thi5 Security Instrument, or thcre is a legal pmreoding�hat may yignifiwruly affect Lender ti rights in the �"��
<br /> Pra rc (+uch a.ti u rcx:ccdin in Arnkru t� roh•rtc,far condclntuUmn�r forfeiturc orto cniurcc law.�+t regutatianc>.thca 3:�R-=—�
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<br /> �{�•�x • Lendcr may do and pay fur whutc�cr iti nccc�+;uy to protcci thir valuc af th�Praperty und Cend..�r�ngfitc in thc Prvperty. ;_��`_��__ '�
<br /> � Lender's actianti may include pa}in�any�umti�ecuRd hy u licin which ha�priurity��ver thi,Security I�titrument.Appeanng =''°��'•_
<br /> 7 �.�'�? _ ';�-r��
<br /> -` in coun.paying reatic+nable attornoyti fec�and enterinF un tha f'tn�rty� w makc repain�.Atthough l.ender may take action _ �,.�.__
<br /> �=� � undcr thi. ra�ra h�.Lendcr dcx�not h:wc to do u►.
<br /> � ��� � P�'b P
<br /> ' �.:,., � Any amauntti di�buned fiy I.r•nder undcr thir parrgraph 7+hall become additiana!dcbt nf BoRawer secured by this .���r ;�'
<br /> • • ' Security lastrumenG Unlotis 8orrower•rnd l.endc�ugrea tu oth�r tcrms of paymene,thesc amount+tihall hcar interest fmm the .:�L=�
<br /> r,.:, ' ;�+
<br /> datc af disbursement at the Nuto ratc and yhall iw Paya�hlu:with intere�t.up�n notire fmm Lender to Bormwer reyuesting ��
<br /> • � ::� ` payment. . '1 ;:�.
<br /> D4- '..; 8. Mortgage lnsur�nce. li Lendcr nc�uired�ariLagc insuranc�a�a candninn af making the laan secured by this � ; � -,�._�
<br /> -- � ' Security lnstrumen� Horrawer shall pay the premiumy requtrrd ta maintain tfie marig�e inyurance in effect. If,for any ; •�kY. � -��-
<br /> ��� :_ .�' r•`� .` _rY3,iwr»
<br />. reasan. ihe martgagc in�urance coverage reyuin:d by Lender tapse� or ceate�: to be in effect� Borroa•er�hall Qay the r.,�. : � • __
<br /> _;�`• . prcmiums reyuired to abwln coverage substanii:tlly eKui�ulent ta thc mongage in+urunce precinutity in effert. �t a caet �� � . ��.,
<br /> , _p��:',' � substantially eyuivut�nt to tho cast to Borrc�K;.°r of the mortg:ige imurancr prev�au�ly in cffect.fEOm an altemate martgage , .� �+'t-_'�""r.�:
<br /> •.------
<br /> ��� - insurer approved by l.ender. If subsiantialty�equiv�tent mortgage imurance coverage is not avai[;itte,Borrower�hall pay to .,,t
<br /> ' �"t•'•�
<br />' ' l.endec eacb manlh a�um equal to ane-twElfth of shr yr�.�rty mortga�e intiurance premium beinc�s�by Borroa•er when the ,' ,,,.
<br /> • . �~V� insurnnce caverAge lap�ed ar ccaud to t+o in uifert. Lender a•ill acccpt.utie und retain the+e payments�+a to��re�erve in tieu � ' ��,-`=
<br /> .�i�•` • ;;:�. .
<br /> � ..�.. of mortgage insurance. Lasc rrxrvr{rrymuntti may no tc�nger he required, at 1he��puun uf Lender,if moM��_"insurance (.;. ',.`F,., ,
<br />::,`
<br /> -�'=�;���. coverage Iin the amaunt snd fi�r Ihc pqnod tha��endcr rcyuirr�►protiAcd by an insuror approved.by I.cnder a�a;n becames , - ,
<br /> ' -�,x � available and is abtained.Borrawer�•5.f11 pay tha pnmiumy reNuir<d 2omaimain mon��ge m�urance in eifect,or co provide a .
<br /> �_ = '- loss reserve.until the req��immenufor murtguge inyus��nco cnd�in accord:u�cc with��np wriucn agreement betueen Horrower , •
<br /> '«� r..,. . .. ,. .
<br /> �� . .%�'-w� .� � and Lcnder or applicabtc Inw. ,
<br /> 9. lnspecNon. l.ender c�r it��agcm mi�y makc rcasnnable cntric�u{wn and in�pectianti nf thc Praperty. Lcrtdcr thall
<br /> � givc Borrnwcr noticc nt Ihc tittw of i+r pr�or u�sm intipcctiun tipccif>'ing rra+nnablc cau�c ti+r thc in+�xc�ion. �
<br /> • ' • I0. Candemnattun.�'fNo p�►xeedti uf:my uward ur cl:+im tar d:unagr�.ditece ur c�m�eyueniial.in c��nnectiun with any �
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<br /> . . • , . Irtr,d I:�tn Bu.:nrc�t�m..Inr � ` '' •. .
<br /> � . .• - ,. � Tu�Rn.71.16 H'AM).'..167i9:1 i 7 V�11 Ii16741dT{I �
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