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<br />, . ��Wf��I�� �II����Wi IMI�MWL f1i����W LR7R�G�S
<br /> ■ppcwil whkb tMll nat bo.wKeeua�bly�hhelA. If Barzl�fsils to maietiin covet�e deecrfbed�bove.L.eeder mh►,at
<br /> � • Letider's`aptioe.obtaie oovaye W prala.�t t.eaderh ri�At+ie tht�y in ic�.�o�d�ercc with p�ragrapif 7. �
<br /> , All.emwnnce Qolicies�ad m�e�rat�sbdl be acae�t�bie W �nd shdl ipcluQc a ahnd�td mat�e cLu�e. Lendtr
<br /> . ahail htve th�riSAt to boid�e policles aed Rnewats. If l�nder�eq�ic�e.i.BaraWer ah�il panptlY 81ve to LenQer afl rxeipts_
<br /> of paid pami�ms and�enew�!aotla�s: Ue the eveat of bss.°Hcnower sh�ll give p�omp�rdice w the inwranoe ca�ier�nd
<br /> I.ender. i.enrkr may m�tce pmof of loss if not m�de P�Pt1Y bY�w� . ,
<br /> UnAess Lender aod&��mwer aherwise s�ia writins.inwnnce pmccods shaH be�pptied w testastian a rep�ir of
<br /> � . tLe Propetty d�nsgedR if tI�e t�bor�tioo ar tep�ir is ecanoouc�IIy feasiDk and Ltnder�s seaidry is=not kssetted. U die
<br /> resiac�uion ar tep�ir is not eca�omicaily feuibk ar L�d�der�s`aeturiry woul�6e kasenod.th��insut�uue pcoc�eods slWl be
<br /> , �pplie�w tUe sums secvrod tiy this Securiry iiutmmrn�.wh�iher or not thm due.wid�any e�ess paid to Bor�o�wer. If
<br /> . Bqnowec a6andons the,Qtuperty,or daes tat artswa within 30 days a natioe f�pm l,ender tlut the iasurmoe cartier has
<br /> . offe�ed w satle a ciaim,tl�m Lender m�y oollect tLe ins�oce proaeds. Lmder may use the proaeQc to aep�ir ar resta�e
<br /> the Fm�perty ar ro psy sums secucea by this seeuricy L�saurnrnt,wherher o�na then aue. TRe 3a�aay perioa witt begin wben
<br /> - the notice is giv�en. . . .
<br /> Unless�.ender u�d Bomower odxrwise agnoe in writing.�ny�ppiication_of p�aceeds to priocipal si�all not extrnd oa
<br /> ' postpone the duc dau of the monthlY payments tefened w in p�ragr�phs 1 and 2 or change the�nount of the paymeuts. If .
<br /> under parag�aph 21 tbe Ptuperty is acq�cued by L.ender,Bocrower�s nght to any insur,u�ce policies and p�oceeds iesulpag
<br /> fRxn danage to the Pnopeny prior W We acq�isitiao si�ali p�ss to I.ender w the exrcnt of thc svms sxured 6y dns Seciuity
<br /> Instrument immediately pcior to tha u:quisitian. �' � �-
<br /> �• �P�9. ��, Matatesa�ce snd Ptohdion of tLe PropertJ, Borro�rer's I.a�n Application;
<br /> I.e�eiold�. Bomower shall oci,vpy,estabiis6,and use the Ptopecty aS Bort�wer�s pcincipal residence vtnthin sixty days after
<br /> the eaecucian of this Soc�iry Instrument and st�U caapnue to occupy tRe Pmperty as Bamwer�s princip�l zesldence fur at
<br /> teast one year afttr the date of aacup�ncy, untess Lender otherwise a�rees in writing, wluch consrnt stall not be .
<br /> unnasonabiy wit6hetd.or unkss exunuating cineuu�.wances eaist which ace beyond Borrowu's co�orot Bomnwer shall nat
<br /> dGStmY,damage ar impair the Ptoperty.allow the Pmperty w dettrlorate.or canmit w9ste on the Pioperty. Bortower shall '.
<br /> •be in defauit if any fafeitaze action or procccding,whether civil or criminal,is 6egan.tbat in Lender's goad faith lud�nent
<br /> coWd result in forfeihue of tLe Ptoperty or odxrwise materia�Iy impair tho lien c�eatcd by this Srcurity Instrument or
<br /> . l.ender�s security interes� Bortuwer may cure suc6 a defautt and reinstate.as pn�vided'm paragraph 18.hy causing the action —
<br /> � or pcoceedia8 to be dismissed with a ru]ing dtu.in L.ende�'s gaad faith dete�minatiou.pneetudes fv[feitute af tJ�e Bocrower�s
<br /> inteRSt in the Pivpercy or other material impainnent.of ibe lien cirated by this Seciuity lasaimien`t or Lender's secetriry =
<br /> ' interes� Botrower shall also 6e in default if Bairower,daring tl�e toan application process. gave materially faise or
<br /> , inaccurate infortnaaon or stauments to Lender ior failed to pcuvide Lender with any material infom�ation?ir+connution with.
<br /> •the toan eridenced by the Note, inciuding, but aot limited w, cepresenta�ions corrceming Bormwer's wxupancy of the � °-
<br /> ' Property as a prineipal residenoe. If this Secnrity Inswment is on a leasehoid,Bomnwer shall comply witli all the provisions —
<br /> of the k�se.'If Borrower acquires fee title to the Property,the teasehald and the fce dtle sball not merge antess Lender agrees
<br /> . `to the r.,�rger in wridng
<br /> - 7. Protectbn d Leeder's Rig6ts in t6e Property. If Borrower fails to perform the covenants and agr�eements , -�-
<br /> . . ooatained ia this Security Inswmea�or there is a 1ega1 proceeding that may significantly affect Lendec's aghts in the --.
<br /> Property�such as a proceeding in haaiauptcy,probate,for condem.caation or forfeiture or to enforce Iaws or reguladons),then :•`•`
<br /> Lender mnay do and pay for whatecvr is necessary to pmtect the vatne of the Hvperty az�d Lender�s rigMs in the Property. -:-,i:
<br /> Lender's actions may inctude payin�any sums secured by a lien�ich has priodty over this Securiry Insuumen�appearing
<br /> in court,paying reasonable attomeys'fees and entering on the Properry to make mpairs.Although Lender may take action ,
<br /> under this paragraph 7.L.ender does not have to do so. .
<br /> Any amounu disbur.sed by Lender under this paragraph 7 sha11 become additional debt of Bormw�sQCUred by this
<br /> Secudty InstrumenG Unless Borrower and Lender agree to other t�-e�r.�s of payment,these amounts shall bear interest frora the
<br /> date of disbussement at the Note rate and shaA be payabte,wit�n i�ns�rest,upon notice from Lender to Borrower iequesid�ng
<br /> paymeQS.
<br /> S. �loAgage Insaes�nce. If Lender required rnoctgage insurance as a condition of making the loan secured by tltis �
<br /> Security Instrument. �nower shall pay the prerr,i���s required to maintain tt3e mortgage insurance in effect. If.for any ,...
<br /> reason.t3�e moRgage "rnsurance coverage requirec3 by l.ender lapses or cea.czs to be in effec� Borrower shail pay the �,,.,
<br /> premi�:a�s tequired to,obtain coverage substantia1ly equivalent to the mortga�� insurance previously in effect. at a wsi •�
<br /> substan��➢y equivatem to the cost to Bomuwer of the mortgage insurance previously in e:€sct.,from an attemate mortgage • •
<br /> insurer approved by Lender. if substantially equivalent mortgage insurance wverdge�s R�i asailabte,Borrower shall pay to �
<br /> I.ender each month a sum equal to one-twelfth of the yeArly mortgage insura��premium E+ei*ig paid by�a:sower wheq the ;" "-
<br /> . insurance coverage lapsed or ceased to 6e in effect. Lender will�ecept.use and aLrain these payments as n�ass teserve in lieu �f`� .
<br /> of mortgage insurance. Loss reserve payments may na tonger be required,at the option of Le�►der,if�naitgage insurance �'•.•�
<br /> ' coverage(in ihe amounC and for the period that Lender requires)g��uviAed by an insurer appraved by Len�`r again beca�nes• ,
<br /> availabie and is obtained.Borrower shall pay the pcemiums req�:sLt1[o maintain mortgage��s�a�ance in effect.or to pra�id�z .
<br /> toss reserve.nnfil the reyuirement for mortgage insurance ends in accordance with any writt�agreeme�et beiween Borro��r
<br /> ' and Lender or applicable taw. , �
<br /> 9 lnspectioe. Lender or its agent may maEce reasonable entries upon ar�inspections of the Yro�r. Lender shall ;� .�
<br /> give Borrower notice at the time of or prior to an inapection specifying reasonab:=cause for tHe inspectio:a.
<br /> 1Q. Condemnation. The praceeds of any award or ctaim for damages.direct or conse�r.^.tial,in connection with any
<br /> Singk Famity-Faeek MadFreddk Mac 11NIFOAM INS'1'RI,'HENT••lJniform Coven�ts 9�'!! (poRe 3 aJb pagesl "
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