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Lp�'�'". - , ..a. '_� <br /> , , , - ... <br /> � ---� , � =`,.� <br /> � --- -- - <br /> � -- . ..---- — - -%--- ----- --- - -----_ �__------- ��rl�� <br /> � ,..,__�� - —�1 <br /> - — 93- �o�3s <br /> - � peciuds[twt nder roquirey. Ti�e insurar�ce cwrier pmvidio�fi�bi�urw�►Y��11 6e chasen Isy Sa��wer su�};;ct to i.cnd�.-rl� <br /> xpprov�l which��il not be un�eanably withheld. If Barnwer fdis w mafntain caven�e da�cdbed�bove,Lade�nuy,u <br /> Lender5�option,obtain coven►ge to protect Lenderh righta in the Property in accw+d�nce with par��raph 7. <br /> All insuruice policies wid rcnew�alc�lull be acceptable to L,en�r wid shall include a uu�dard mort�a�e clxu�e. Lenckr <br /> shall havc the right to hold!he policie�u�d renew�is. If Lender requires,Borrower chdl promptly glve to Lender dl receipts <br /> of paid premiums nnd rcnewAl noticec. ln the event of locs.Borrower:hall ytve grompt notice W the inaur�nce arrier ond <br /> -- l.ender. Lender may malce proof of loss if not m�de promptly by Borrower. <br /> -- - .�.—--__-__ _-- Unless Lendcr und Borrower otherwise agrce in wridng,insurancc procccds sh�lt tx.appJled to restoratton or rcpair of <br /> - __ the Propeny damag�d, if the restoratian ur repair ic economicalty teasible and I.,ender�s security ic na lessened, ti the <br /> _ c+estoratton or repair Is not xon�mically feasibk or Lenderk securlty would be lecsened,the insurance procer„ds stwll be <br /> — npplicd ta the sums secured by this Secudry Inatrument,whether or not then due. wlth any exceas paid to 8ornnwer. If <br /> Borrower abandons thc Property. or does not answer withtn 30 days a noticc from Lcnckr that the insurAnce carrier hes <br /> offered to settle a claim,then Lender may collect the insurance proceeds. Lender may use the proceeds to rcpair or rcstoce <br /> thc Propecty or to pay sums secured by thic Security Instrument,whether or not then due. The 30-day pedod will be�L�wbm <br /> --- —----====�m- the notice is siven. <br /> _— — Unless Lender and BoROwer otherwise agree in writing,any applicutlan of proceeds to princlpal shall not extend or <br /> ' --- postpone thc due date of the monthly paymenu referred to in paragraphs I and 2 or chenge the amount of the payments. If <br /> under paragraph 21 the Praperty is acquired by Lender,Borrower� right to any insurance policies and proceeds resulting <br /> •` --_ �_�= fram damage to thc Property pr�or to the acquisition shall pass to Lender to the extcnt of the sums securod by this Security <br /> - Inxtrument immediately prior to the acquisitton. <br /> _- - - . 6. Occupancy, Preservation, MAlnte�Ance and PrMect(on of the Property; Borrower's Lo�n Applkatton; <br /> - Leaseholda. Borrower shall occupy,establish,and use the Aroperty as Bonower�s principal res(dence wlthin sixty days after <br /> • the execution of this Security Instrument and shalt continue to occupy the Property as Boaower:s principal residence for at <br /> - least one year nfter the date of occupancy. unless Lender otherwise agcees in w�iting, which consent shall not be <br /> unreasonabl,v withheld,or unless extenuating circumstances exist which ane beyond Borrower?s control. Borrower shal!not <br /> �`�����' =� � destro damu e or im air the Pro <br /> , " � Y. g p perty,allow the Property to deteriorate,or commit wnste on the Property. Bonawer shull <br /> _ '����� be in default if any fodeiture action or procecding,whether civil or criminal,is begun that in Lender's good faith judgment <br /> • ���`+'�;�:;.•,:,:._,.. <br /> ��,.;�;:.�;.;,;,,,,....�::�: could result in forfeiture of the !'roperty or otherwise materiully impair the lien creuted by this Security Instrument or <br /> � " Lender'.s security interest Bonower may cure such a defuult and reinstate,as provided in paragraph l8,by causing the action <br /> ���• `•,;;�-ti yi�i �•. or proceeding to be dismissed with a ruling that,in Lender's good faith determination,predudes forfeiture of the Borrower's <br /> ,,,�,Q;1ttt� interest in the Property o� other material impairment of the lien created by this Security Instrument or Lender�s security <br /> • t:•�'?4`.•`•`!���•'•`:?1�� intemst. Borrower shall also be in defuult if Borrower, during the laan application process, gave materially false or <br /> - �•�:'•�! � ��{i� inaccurate information or statements ta I.ender(or failed to provide Lender with any material inforrnation)in connecdon with <br /> ' ' °���+;;����•�;`'�%'''1;25:a thc loan evidenced by the Nate, including, but not limited to, representations conceming Borrower's occupancy of the <br />_ •'..r:�,`�'��t�! � • = Property as a principal residence. If this Security Inswment is on a leasehold,Borrower�hall rnmnly with nli the�mvisi�ns <br /> """' - ''"'` -�'� � of the lease. If Borrower acquires fec title to thc Property,the leasehold and the fee tide shall not merge unless Lender agrees <br /> �` " � � to the merger in writin�. <br /> � � � 7. Protection of I.ender's Rights in the PropeMy. If Borrower fails to pe�farm the covenants and agreements <br /> ' contained in this Security Insuument, or ihere is a legal proceeding that may significantly uffect Lenderl rights in the _. <br /> • �.- '� Property(such os u prceeeding in bankruptcy,probute,for condemnntion or forfeiture or to enforce laws or regulntions),then <br /> .. . Lendcr may do and pny for whntever is necessary to protect the value of the Property and Lender's rights in the Property. <br /> Lenderc nctions muy include paying any sums xecured by a licn which has priority over this Security Instrument,appeAring <br /> �- ' in caurt, paying reasonable attorneys'fees und entering an the Property to muke repuirs. Although Lender mey take action - <br /> -. � -�• •- . .- under this paragraph 7.Lcndcr docs not havc to do tio. <br /> - 1 � Any umounts di�buned by Lender undcr this paragraph 7 shnll become additional debt of Borro�ver sccured by this <br /> r' � ' Security Inswment. Unle�s Borrower und Lender agree to other terms of puyment,thc,e umountti shall benr interest from the <br /> ,4 ' � "' '` d•rte of disbunement at the Note�ate and shull be payuble, with interest,upon notire from Lender to Borrower requesting -" <br /> , . . puyment. <br /> ' 8. Mortga�e Insurunce. If Lendcr myuired mortgage insurance a� a condition of making the loun secured by this <br /> Security Instrument, Borrower shall pay the premiums required to maintain the mungage imur.►nce in effect. If, for uny - <br /> ' i reason, the mongage insurance coveragc reyuimd by Lender lapses or crases to he in effect. Borrower shall pay the <br /> � '�����' pmmiums rcyuired to abtuin coverag�r substuntially eyuivaicnt to the mortgage insurance previously in effect, at a cost <br /> � ,ubstantiully equivulent to the ca.t to Borrower of the mortguge insurunce previ�u,ly in effect,from an ulternate mortgage ' <br /> insurcr Approved by Lrnder. If xubstantially eyuivulent mortgagr insurance coverage i.not avAilable,Borrower shull pay to - <br /> Lender each month u sum eyual to one-twelfth of thr ye:uly murtg•rgc inzurance premium being paid by Borrower when the <br /> _ ��ir ' insurance covcrage lapsed ar ceuud to be in rffect. Lender will ac�ept,usc and mtain thexc payments ax a loss reserve in lieu <br /> ' •�.,. � of mortg:tge intiurance. Loss reserve payments may no longer be reyuimd,ut the�iption of Lender,if mortgage insurance _ <br /> < , coverage(in the amount und for the period thut Lender royuirex)providrd by un insurcr upproved by 1_ender again becomes <br /> .�.. ��`4. avuilahle and is obtained.Bonower tihuU pay the prcmiums rcyuired to maintain mortgagc �murance m effcct,or to provide a = <br /> •_ '' losti reserve,untit the myuirement for mongage imurunce ends in arcordance with uny written ugreement between Bonnwe� <br /> :� • and Lender or applicuhlr luw. <br /> '� 9. Inspection. Lendcr or itx•rgent may makc rcatiunablc entriex upou and impections of thc Praperty. Lender shall - <br /> ��r `•�'�- � give Borrower notice at thc time of or prior to an inspection tipecifying rca.onablr rausr for the inspection. <br /> _� 10. Condemnution. 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