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<br /> A�]IIIS�t�11CC QO11��Ct�lid ROEW�f 6�Y1���10 �fl�lhill lliC�lll�!i�fil�tfidl�Q C�Ntffl. �.t�CT
<br /> shsd!dace tbe ri�ta hold the policies and nAew�is. IilredEr iroqaines.Bvrta+�er a6�U piomptlY�ive to Lsnder atl ttrxipts
<br /> , of p�id premiums aed mkwal rattobs. In�he eveat ot los�.BorranYeE shall�ive ppmpt ndlce w th�insunect ayrrier md
<br /> l.c�der.Leider may m�ice poof Qf tas+if eot m�de pmmP�Y M►Barower. � ,
<br />� Unkss Lender aad Bamwer otl�eewise aprce in wiianj.i�marce praceeds�tail be apPtiod ta�estontion a�+ep�ir of
<br /> tHe ptoperty d�maEed.if the�euotatio�oe�epair is ccanonncatty ft�fsibk and Iretider�s secauity u not ksseued. if dre �
<br /> . nstaa[ian ar�pait is na eoanamicaUY fem'bk or Lender�s saronry would be lessa�od..the iawrnoe pmceed+ahall be
<br /> appiied to the sums savted 6v tbis 5ecuritg Itutrumen�whetBer ar not tl�rn due.with sey exa�p�id to Barrower. [f
<br /> Barower abandons tbe Fiopaty.a does aot aeswa within 30 d�ys a notice fmm Lei�der td�t the inwrnce c�rrier has
<br /> offaed to satle a claun,then I.aWer may ooUxt the uisunnce p�oceods. Lendenray nst the p[ocaeds w eepsis a eesWte
<br /> the p�uperty or to pay sums socuKd by this 5ecaricy 6utrmnrn�whether or na thrn du�. The 30day peria!wilE txgin whtu
<br /> tt�notice is givea.
<br /> Unkss.Lad��d Bamwer othe�wise agree iu writiag,mY�plica�on o�p�OCaeds�o P�nciPal ahall aot actead ar
<br /> post�oor the due date of tbe monthiY WY�ts Kfer�ed to N paragaphs i a�2 or cinoge the�nw�me of ihe payments. If
<br /> umder pa�agw�ph 21 ti�e Ptoperty is acquued by LeMer Borrnwer�right to�y inswance policies md pmcoeds�1dnS
<br /> fmm damage W tbe PmpeRy priar W d1e sCqnicitjon sLalt p�ss OD Lender N tbe extenE of the sums secwed by this Sec�ui�y
<br /> fasuv�nt inomediatety prior w dre acquis�Lion. .
<br /> �. Qoc�prne� prda�vada�, Mairteaasce a�d Protecdo� o[the Yraperty; Borrowet's l.ou Ap�o*:
<br /> Le�ol�. BoRawer stuU aeeapg,e�.�td use the Property as Borrower's pcinci�!r���i�s sizty da;�aRzr
<br /> t�e oxecu[ion of this Securiry b�smttnent aod s6aQ coadu�e ta occapy the Pno�eity as Bartpwerk principat�esidmce for su
<br /> � tea.a aoe year a�er the date of oowpancsr, ankss L.ender atherwisz ag�ees in writing, which coasent stiai! not be
<br /> umea9ooaMy witht�el�a onkss euunuatmg einermutancac esist which aR lieyoad Bormwa?s cantroL Boimwa sh�l!na
<br /> destroy:dunage or impair the Pmperty.allow tlu Pruperty W de�erior.ue,a!ca�mmit w�sDe un the Ptoperty. Boe�ower�ai!
<br /> � ', be in defaalt if any forfeidue actia+r or procading.wl�ther civ�a criminal,is begun t6u iri Len�kr�s good faith judg�mdt
<br /> '�• couTd resalt m faifeimre af tbe Ptopetty or otherv�ise mueriaUy impait the lien cnated by ihis Security Instcume�ar
<br /> � Lender's security intecest. Bomawa may c�me such a defanit msd zeinstate.as pravided in puagrapt�IS,6y caa44iag die act�o
<br /> ' or prooecding w be di�nissed with a zuling that,in l,eader's good faith detam�aation,Prtclucies forfeiaue of the Baravwer'�-
<br /> inte�st in the Ftoperty or ottxr mati�ial impaisment of die lien cieated by this Sauriry tnsuw��ent ar i.e9ider�securi3y .
<br /> intecest. Borrower shall also 6e in defaah if Bomuwer.duriag the loan applicatias pcocess gave maurially faLsc or
<br /> inacc+aate infonnatiou aAr statement�to E.ender(or fa�ed[o prnride Lender witb any muediat;nfamiation)in conrtection w;th
<br /> � . the loan evldeoced by tt,e Na�. including. but naE limited co. representatioas concermng Boimv��err's vcaipancyr of the
<br /> ' Pcoperty as a principal msidence. tf thia Security Uos�ament is os a leasehold.BG�rnwer shall compiy xrith atlthe pcovisivns
<br /> , -�•.� of the lease. If Botmv��acquins fee title to t6e Pcoperty.tUe kasehold aa�d the fa title shali iiot merge un[ess Lerder ag�ees
<br /> . ' to the mecger in writing. -
<br /> • � Protectios at Lender's Rights In ttre Property. If Borrower fa7s to pnform the covenants aad ag�+eemenis . ,
<br /> " .- contatned in this Saeai:hy Iosuumrn�or there is a kgal proceeding chae may si�fic�ntly affect L.�dee�s rights in the
<br /> . Fraperty(sQCh as a�g in banfwptcy.p�v�c,for ccsndemn�tion or fo�feiturC or to enforoc laws or iegutations),theie
<br /> Lender amy do and�g�y far whatever is nece�y t�protacc the value of ds�Prr�peerty and Lerxkr�s rights in.t�e PropertY•
<br /> � l.enders actions may include paying any sums secumd by a lien which has piiority over t(us Serurity Inmument,appearing
<br /> in co�r¢;paying reatonable attortieys'fees and entering on the Propert�r to make iepairs.Althougfi Lender may take aaion
<br /> under this paragraph 7.Lender dces not have to do so -
<br /> Any amounts disbur�ed by Lender under this paragraph 7 shall become addirional debt of Borrawer secureA by this
<br /> Sacurity lnstrumen� Unless Barower and Lender agee to othcr terms of payrnent,thae amounu shall b�r interest from the
<br /> date of disbursement at the Note rate and shall be�ayable,with interest,upon notice from Lender to Ho�rnwer tequesting
<br /> paymen�
<br /> 8� Mo�tgage Insuranea 1€�.ender requited mortgage i�ssszrance as a condition ofrirafiiag the loan secund by,this
<br /> Secmix4���Tnsuumenw Hortower sh,tL`��y the Qremiums req�i�.s���;�msdntain the mongage�a�uance in effect. If:fur,aay
<br />_ rea��;`ii�:.mortgage insurance c5«�ge requurd.by L�'-��apses or ceases to be in et�'ect. Borrower sha11 paF,d�
<br /> ',,�,u.r_�;,requirec!ra abtain co��.�.�.:�;e substam�s�'1 Y;,equivalem to the mortgage insurance previously in effec�ai a,a�st �
<br /> , s�;�sra.�,r.',,:;3y equ�vF,l;a�x ao the cosa��Sorrower��f:�martgage insurance previously in effect.from an oltemate maK�e
<br /> • � ,.;�,i_.s,au:��roved by l.cnder. If sr�z.;�ntially equ:i�it:nt mortgage insurance coverage is not avaiJable.Barrower shali�sr;r� ,
<br />_- -�•, �. be:�r��ch month a sum equal ci��:-twelfth of the yearly�'rnrtgage insurance premium being paid by Borrower a�gas tii� � '
<br /> ' insur�x ooverage lapsed or ceas��u��e in effect. Lender wiiT�ascept,use and retain these paymenu as a toss reserve��SC�
<br /> • of mortgage insurance. Loss res�r:f��ayments may no longer be required,at the option of Lcnder,i#'mru'�,�e insurance
<br /> � coverage(in tlx amount and for the penod that l.ender requires)provided by an insurer approved by s:er�'�gain becomes
<br /> ' available and is obtaiped.Bonowe�•shall pay the premiums required to maintain mortgage irtsurance in effect,ar to provide a
<br /> loss reserve,until the requiremeat£or mortgage insurance ends in accordance with any writtea agreement between Bomawer
<br /> and Lender or applicable taw. '
<br /> � Inspectiote. Lender or a;ti agent may make reasonabic enfies upon and inspections of the Propeity. L.endea�sc�i.�
<br /> give Bcs:�wer aatice�rhe time of or prior to an inspection specifying reasonable cause for the inspection. ' .. ,.
<br /> I4;Camdt��ni. The proceeds of any a.�:r8 or slaim for damages.direct or consequential.in connation wii5 aay
<br /> � Singte Family..Faeek MauFrMdk Ka;�-`IY�FORM IKSTRl7�1ENT-lTnittxm Covcn�nb fr� ra�x�3�1�w.���
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