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,:�"_ r . `;. •. <br /> , �' •.`� ' :; - <br /> �. �_ '- <br /> ' '� _ _ - -4_. - <br /> � ,----_ �� <br /> :�_. _ � �xri�xi�tiwt l.ender roquiror. Thc jnrunroe curier providing the inctuu►ca ch�ll be clwr�n'by Bom�o�r au �Lenderti <br /> approvxi which chail not bo unnaaonpbly withhcld. If Bom�wor fAilc w m�intain covcra�c described above.L.ender rtuy.�t <br /> . I�nderk aption,obt�in cover�ge to protcet l.ender's ri�htc in thc Property in�ccordance with pwraQr�ph 7. <br /> All insurance policiea�rW rcnew�ls�hrdl be accept�ble to Lender and ahtll inetude a standud mort��ge clru�e. l.enckr <br /> xhall havc the right ro hold the policies and rcnew�ls. If Leoder roquirea,Borrower sh�ll promply give to Lender dl rcceipts <br /> of�xid prcmiums and nenewal natices. In the event of loss,BoROwer shall�ive prompt notice W the insurnnco c�rcier ruid <br /> Lender. L.ender may make prcwf of loss if nat m�de ptomptly by Barower. <br /> ��� _ Unless Lender and Do►rower otherwise agra in writing,insurmce proceeds shall tx�pplied to rcstorAtion or ropair uf <br /> — thc Propeny damaged, if the rcstocation or rcp�ir is ceonomic�lly feasible and Lender's security is not Icssened. If the <br /> - _— restoration or repxir is not xonamically fexsible ar Lender�s secudty would be lescened,the insurance proceeds shal!ba <br /> applied to the sums secured by this Securtty lnsuument�whether or not then due.with any excess pnid to Borrower. If <br /> Harower abandons the Pnoperty, or does not answer within 30 days a notice from Lender that the insurance carrier has - <br /> _— offcred to settle�claim.then I.Cnder may collect the insurance praceeds. Lender may use the pracadu to repair or Kstorc <br /> ' the Property ur to pay sums sxured by thts Securfry Inctrument,whcther or not then due. 'Ilie 30-dity period w1U begin when <br /> _� � _____s„_,�_ the notice is Siven. <br /> — Unless Lender and Bomower otherwise agree in wdting.any application of proceeds to pdncipul shall not extend a <br /> postponc the due date of the monthly paymcnts nferred to in paragrAphs 1 and 2 or changc thc amount of the payments. If <br /> under puragraph 21 the Property is acquired by Lendec. Borrower's right to any insurance policIes end proceeds resultIng <br />�_ — — from damage to the Property pdor to the acquisitlon shull pass ta l.endcr to the cxtcnt of thc sums securcd by this Security <br />�.,'�'.�i instrument immeQiately pciur tu U�C a�yuisltIuu. <br />,°;'`.;'•� ' 6. OccupAncy, Preservadon, Matntenance and Prntecttw� ot tbe Property; Bor�ower's Loan Application; <br />- _ I.easehalds. Borrower shall occupy,establish,and use the Property a.i Borrower's principnl residcnce wtthln sfxty days after <br /> � i the axcrution of this Secudry Insuument und shull contlnue to occupy the Penperty as Borrower's principal r+estdence for at <br />_ least ane ycar ufter the date of accupuncy, unless Lender otherwise ngrees in wdting, which consent shall not be <br />- unreazonably withheld,or unless extenuating cjroumstances exist whtch are bcyond Borrower's control. Borrower shall not <br /> , y. , destroy,damage or impair the Properry,ullow the Propecty to d�teriorate,or commit waste on the Property. Botrowcr shall <br /> • be in default if any forFeiture action ar procadtng,whether civil or cr�minal,is begun that in Lender's good faith judgmenc <br />' t. � coutd rcsult in forfciturc of the Propecry or otherwi� matorially impair the lien crcated by this Security Insuument or <br /> � Lendert securiry inteoest. Borrower may cure such a default s�nd reinstate,as provided In parastaph 18,by causing the action <br /> or praceeding to be dismissed with a ruling that.in Lcnder�s gnod faith determination,prccludes fodeiturc of thc Borrower�s <br /> interest in the Properry or other material impairment of the lien created by this Security insirument or Lender's security <br /> ' interest. Borrower shall also be in default if 9orrower, during the loan upplication prot:ess, gave materially false or <br />'- inaccurate infortnation or statements to Lsnder(or failed to provide Lender wlth any materiol information)in connectIon with <br /> the loan evidenced by the Note. including,but not limited to, representations concerning Botrower's occupancy of the <br /> Pmpeny as a princlpal residence. If this Security Instn�ment is on a leasehold,Borrower shall comply with ail the provisions <br /> -- : ,� ' of the lease. If Borrower acquires fee ticic co the Property.►he icx�huid m�d ti�c(�x title shali n,�i merge unless Lender s�~•.cs <br /> � t��.? to the merger in writing. <br /> ` � 7. Protection of I.ender's Rights in the Property. !6 f�orrowcr f;iils to perform the covenunts and agreements <br /> �� .;�`7'�'•:u,�;�,.�,��:;; containcd in this Secu�ity Inswment, or ttiere is a 1eca1 procerding that ma} SigniCenntly affect Lender's rights in the <br />;+ .� , • .. <br />_. . � �y:-:� Pmperty(sueh uc u procetding in banlcruptr}•,�►aobate,for condemnation or forfeiture or to enforce laws or regulations),then _. <br /> � �.i�rr:� L.ender may do and puy for whatevet is necessary to protect the valuc of the F'raperty and Lender's rights in the Property. <br /> ' "`�`'t��t_;; Lender's nctions may indude paying any sums securnd by a licn which has priority over this Securlry[nstrument,appearing <br /> ;. a���i��-.^,�, ���, <br /> '' �+?��' ` in coun,paying reawnable attomeys'fees ;mc!entering on the Property ta mukc repairs.Ahhough Lender may take uction <br /> y ;..-•�,;;:.i:, :�' : <br /> .. 15X,;yYt;•,.,,�,��,j under this paragruph 7,Lender does not have tr do,o. <br />� " Any amounts disbuned by Lcnder undcr this �+arAgruph 7 xhall t�ecomc •rdJitional debt of aorrower secured by this <br />=� �:�'.�•...�,.._ Security Instrument. Unlesa Borrower and Lenckr.�gree to other tertns of payment,the,e amounts shall benr intercst from the <br /> ,,. . , . dute of disbursement ut thc Note rate and shali ��ayable,with intrrest, upon notice from Lender to Banower requesting <br /> �tir��-;..-:xr.. , Payment. <br /> ,,�,:,.�.,�r�:y,-R.. , 8. Mortgage Insurance. If Lender required mortgage insurnnce a.ti u condition of maktng the losu► secured by this <br /> • _ . _: ':�, . Sccurity Instrument, Borrower shull pay the premiums required to muintain the mortgugc insurancc in effect. If, for any <br /> ...;��,_ . ..,.. mason, the mongage insurancc coverage rcquired by l.cnder lapseti or cea,es to be in effcct, Borrawer shall pay the <br /> , - : premiums required to obtain coverage sub�tantial!}� equivatent to the mongagr in+urunce previously in effect, ut u co�t <br /> ,;:', substantinlfy equivulent to the cost to Borrower of the mortgage insurance previously in effect,from an ulternnte moRgage <br /> ,••-� . °,:.;�• insumr upproved by Lender. If suMtantialiy equiaalem mortgAgc incurance coverage is not avAilnhlc.Borrower shull puy to <br /> w�'-~�� .r,;�,��'. Lender each month o sum eyual to onz-twelfth of the yearly mortgage insuranre premium being paid by$ormwer when the <br /> ,�,,,,;.,_' ',; insurance coveragc lapsed or ccased to lx in effect. Lendcr wiil ucrept,u.c:md rctain thrsc pAyment+as u loss reservc in lieu <br />��: '='-.'�y of mortgagc insurance. Loss reserve pay�nents m�y no longer Ix requircd,at thr option of Lcndcr, it rnortgage insurance <br /> _ 4�;,;�.,�,. ,- coverage(in the umount and for the period iDat Lender rcyuire�)provided hy un in�urcr approved by Lender again becomes <br /> '_ �_: � available:►nd is obtained.Borrower shall puy the premiums required to mrinrrin mortgage intiuranre in cffect,or to provide a <br /> �i {,�„ h } loss rcserve,until the requircment far mortg�ge insurance ends in arcordance with uny written•rgmement between Borrower <br /> ��r , .,#•; and Lender or upplicable luw. <br /> �- ,,;;*��?,�.r�; 9. Inspection. Lendcr or its agcnt ma� makc rcasonable entrieti upon und im�x:rtion�of thc E'roperty. Lender shull <br /> ��'�. give 8ormwer notice at the time of or prior to an inspection speeifying rea�onable caux fur thr inspection. <br /> '..:�t 10. Condem�atlon. 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