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<br /> -- ' peti0ds thft EtQdet t�0�ltil�Gf: 'IUe imYt7�Ci�iielr pt�DYldll�flfE i11fYt7�OG f�11 bC�6�BOR�MErlY6,�04Y t0�.00del� �
<br /> , apy�rcwai which ahall aoc be uonea�amMy witbhsld. V Barcrrar faiit W ma�at�m cover�e da�cribed above.Leeder rtay.at
<br /> , Lender's optiont obt�in cave�e tQ pro�ecc I.endar's ri�s ia tde PtopettX in accotd�ooe with p�c�ph?. � .
<br /> � All imu�aoce polici�s md�akwals at�il be a�ceP�bie tn Lender aid sMtl include s standud mort�e clw�e. Lend�r .
<br /> s1�aU 6av4 the reglu wl�old dre polkie�md ieaewals. Ii L�ender tequezes.Borrow�er ahall P�P�Y i�ve co Lender ai!i�aeipts
<br /> of p�id premiums mi�eeEw�l eotica. In the event'of toss;Sarower shall giva panpt netica w tbe,L�t�uanc�carrier laQ. , `
<br /> l.eeder. Lender tcjaY maioe P'uof of Ioss if not made�romP�Y bY.Ba�rower •
<br /> �Unkss I.eeda�d Baeawer othenvise ageee in wririna.iawr•u�ct pnnceeds sl�116e applied to�estauioe or�+ep�ir of
<br /> -- die Prvpc�daurtaged,if the�storatiaa c�r cepair is�lty feasibk and l.tader�s secu�iry is not Iesssned. If the'
<br /> � . cestaation a repair is mt ocoaomic�lly feasbk as L,endeiPs secudty wuuW be kssa►ed.the insur�nce'pmceods shW 6e'
<br /> .applied to the sums seaued 6y tbis SdvHty Insnvma�t.whether or aot tbai dne.with any exass paid co Bamwer. If �
<br /> - Boimwer abs�doas tlre Pmper�y.or does noc answec within 30 days a notice fmm Lender that the iasu�ance c�icrkr I�as .
<br /> oH'eRd to settle a ttaim.ma►I.ader may collect:the inwr�nce pcoceeds. Lender msy use the p�uceeds to crpzir oc�estooe
<br /> the Propetty or ta pay sums secun:d iry dds Seca:ig+Insnumen�wbether ot not tbat dqe.Tde 38�day paiod w�H begin wden
<br /> _ the nolice is gicen. �
<br /> Unkss Lender and�arowa atherMr.ise agree in writing,aay application of proceods ta principU shaU not ac�end or
<br /> _ postpone the due dau of the nooathlY I�Y���eferRd w in puagraphs i aod 2 or change the artwunt of tGe paymeats. If
<br /> _- �I�8�Ph 21 the Ptapercy is aequiml by Lender.Barowu�dgdc co aay insur�oce policies and pmeeeds�esutting
<br /> - fiam damage to thr R�oP�Y P�to tir acqaisition sl�ail pasc to L.ender to tbe ex�a�t uf the snms seeuted.by tfiis Sec�uit!�
<br />- incaument immediately prior to d�e a�cquisition. "
<br /> __ - 6. O�capaacy. Pr�rvattoa. Mainunsnoe aed Yrotscbios d the Propbety; Borrower'a I.o�e applie�tioa:
<br /> I.e�eLnlds. Bocmvva s6a11 accupy,es�biish.and usa che Ptvpeity a4 Bamwer�principal iesideac:a wichin sixcy days afcer
<br />=` Uie eaceeimoa of th{s Sxu�iry In.uwneat and sMll condnue to axvpy the Aroperty as Borrower's p�iacipal iesidenca for at �_ .--
<br />- kast ane �tear aRer she due of accupancy. anless Lender ott�ecvvlse ag�es in writing. a+hich conseni shal! aot be ��___-
<br />- u�r,asonably withheid.or onless extrnuuing�exist whic6 a�e beyald Bamwer��sontmL Bormwer�li not =- _
<br /> . destmy�'d�nage or m�pair the Pt�eny.alIoa t6e Ptopeety w deteriaate.or canmit waste on tUe Ptopecty. Bamwtr slall �.—•---
<br />` be ia default if any fafeinue acdon or p�oceeding,whettmr civl ot crimiaal,is begun thu in Lender�s good faith judgment �'==
<br />-- ca�ld result in forfeipm of the Praperty or othera►ise m�teriallY imPu*the lieu C�eated by this Securiry L�suunknt or �-�-:
<br /> r'17R'y?-
<br /> Lender's secu=ity.interast: Bormwer may cure sach a defauteand ceIIlsTate.as pmvided in paragraph I8.by causing tbe action �,��_�A-;.
<br /> - or ptoceedirtg to be dismissed with a mling that.in I.ender"sguod faiB�detem�ination.pcecludes forfeiwre of the Banower� � _
<br /> detem �____
<br /> intet�est in the Pcopetty or othei maudal impairaieat of dx Uen cn�ated by this Security,L�suumeat or Ltnder's security
<br /> iattres�t. Horrawa shall also be in default if Sormwer;during the loan application process.$ave materially faLse or �'� � ```:
<br /> it�accurate infocmacion or statemrnts to Lender(or faited to pmvide Lender wit11 any material informanoa)in conneetion with �.� ``�:':
<br /> � the Wau�evidenctd by the Not�. jnctuding.but not lirniud to.iepnesentations concemtng Bomower's occupancy of the °'��'"-
<br /> '`• ,Ke::�� Property as a principal cesidenea If this Securicy Insuument is on a leasehold.Botrower shall eomply with all tt�e pravcs�ons .. •• ' .�
<br /> , ti•r:,, •
<br /> 1 �..� of du lease. ff BocrnwEr acquues fee title to the Ptogerry.the teasehold and the fee title sh�ll not merge uNess L.ender agees •-•:',;�.';,�°
<br /> ` w the merger in wra�mg. . ,�.^`,���,��.
<br /> ' ' ' 7. F r o teeti�m f I.a�d e r's R I g 6ts�n t 7�n e�e o p e r t y. I f Borrower f a i l s to p e r fo c m t h t covenanu and a g r a ments '`L'" :''
<br /> ' � l .�. conwiried in this 5�catity insdun�ent.or t�s��:s a fegal procoedin8 diat may significandy affect L�der's rights in the [�`` 1 -_
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<br /> ,.:.-K.::��,:�,;,r, _,, .. PNperiy�(SUCh es 3 pIOCEtdi11$if►bStlkAlpTCy.pr3bau.for coedemnauon or forfeiture or to enforce laws er regulations).then �s:
<br /> �'::� .,` Lendercna doand for P�Y � P�3'-
<br /> �;-.,::��,�;;:�;_z �, Y i�Y whateaer is necessary w pmte��e vaiue of the Pto and Lender's ci u in the Pro '
<br /> = -� •1:�� ' Lendess aCtions snay inciude paying any sums secuzed by a tien which has priority over this Security Inswmen�appea�ing --
<br /> '""�.;_�'.'=�. �i• :' in court.paying reasonable attomeys'fees and entering on the Propeny w make repairs.Atthougf►Lertder may talce action !. ?_ �
<br /> :;�;;;=;; � .. under[his pazagraph 7.Lcnder does not have to do so. F ?�
<br /> � ' " .. Any amounu disbunal by Leader under this paragaph 7 shall become addiuonal debt of$o���er secured by this �. __--._ '., .: .�.
<br /> . ':�,� ' Seeurity Inswmrn� Unless Borrower and Lcnder agrce to other temis of payment,these amounu shall bpr interest from the � , : �;-
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<br /> ��.'���` I- date of disbursement at the Note rate and shall be a able,with interesG u n noace from Lender to Bortower uestin • .�`��`
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<br /> _ ' S. Mortgage I�.wnace. ff Lender res�aired mortgage insuraoce as a candition of malciag the loan secund by this ,• . .;•'r`;'',
<br /> c. ' � .. ��:
<br /> � ..• , Security Instrument,Borrower shall pay the F�emiums required to maintain the mortgage insurance�effect. If.for any
<br /> � ;`�'�t�"'�'� • .g^ reason. the moagage insurance wverage required by Lender lapses or ceases to be in effect. ��arer shall pay the •�
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<br /> �,� 3',�. ; ' premiums required to obtain wverage substanrially eq�nivalent to the moRgage insurance previousIe tin effect. at a cost k .._.•�
<br /> �,%�� ,�t,,,;,�:�;..�; scbsr,anti�lly equivalent to the cost to Borrower of tI:e La�acg�age insurance previously in effecK.from an altemace mortgage '
<br /> :•��.':r�• • ; .; • 6��approved by Lender. If substanqally equivalens t:rortgage insurance coverage is not available,8orrower shal!pay to �: .',
<br /> 4!:',�`! � • ' Le�dar eacfi montl�a sum ual to one•tweifth m�the earl mort a insurance premium being paid by Borrower when the � . ���
<br /> %r;��;. �: � insurance coverage tapsed o�r ceased to be in effera. Lender wiA a cept,use and retain these payments as a toss nserve in tieu • �'• ._ . '�� •�
<br /> -�; of mortgage insurana. Loss nserve paymer.;s enay no longer be requircd.at the option of Lender,if mortgage insurance ' � ��
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<br /> :ti•,,*.;,�: covcrage(in the amount and fot Elte period that Lender requires)provided by an insurer approved by Lender again becomes .,,.,,�
<br />- •�; :����;�• ivailabte and is obtained.Bomm�+e�sliall pay ttte premiums required to maintain mortgage insarance�n effect.or to provide a l .�;i;t'i;;'.
<br /> : '�"�'.' loss resenre.unril the mluinma�tikn mortgage insur.uice ends in acrordance with any written a�reement becween Bomower �. , ::,';�;;;;:;:'':�
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<br />: ;� + end Lender or applicable law. ,. .. . ..
<br />= � ''='F�.°_ 9. Inspeetton. Lender or its agent may make mzsona6le entties upon and inspections of the Property. Lender shall ; ;=�����
<br /> "i •�" •' give$omnwer notice at the time of or prior to an inspecdon specifying reasonabte cause for the inspection. �. "' �• '
<br /> �` � 10. Condemnallon. The�:oceeds of any award or claim for dam�ges.direct ar eonsequential.in conneedon with any ' -� •�``•'!`'' � '
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<br /> ;' Siagbe�anily--Fanak HseJFreddb We 1SUIFORN INSfRUMEN?--Uti�'ortn Covenann f/99 /pa;e 3 of 6 pages) , � ' ,
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