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<br /> ` �s. aw�e±.�e re.�eety Iwr.�oe.Hocer�a,Wn t�Q t6e ieepo�►a� no�►e�e� °r�ar«�fea os`1� ,..
<br /> FlOpCRy OliB[Od�Ilst 103s by C1rC•h�!�IICt11d0�1N/t�ii�tbC te[rt! "CudldOd COYA'M$C��i11y►tlfbE!�fs�
<br /> tbd�ds or tloo�in�.far�hech L�a�der t�equices insunnce.'i�is ir�suranoe st�tl be.n�inhined in tAe smaunts and fa�tie petiods , �
<br /> . xtut La�der rapi�+es..T6e insuraaoe rarrier pcuvidin8 @we in�tirance ahall be chosen by 8orrovrrr subjax to i,ender'a�pqoval �-
<br /> �vhich sinll not be unrason�bty witLheld.If Bonuwer fails to maintain oaverago describod abovt. Leade�may. aR Lender's ,
<br /> � optibe.o6t�in a�ver�to pcutax i�ender's rights in the Pcupatq tn r�oo�rdanao with puigraph 7. • .
<br /> � All ias�uanoe pWkks aod nq:wals ahalt be aooeptabte to I.eider aud si�all inctude a st�ia:d murtgage clause. Lender
<br /> -��sl�al!6ave the ri�ht w Uoid We policies and reaewals.If Leader nquires.Bormwer sh�ll Pnxnpth+Sive io I.eader�11 er�elPts df
<br /> � P�P,�ums and tenevcai mtias.iit tBe eveaE of toss,Bamaw�stqlt giva pYumpt.notiet to'the is�erancc durier and I.�nder._ .
<br /> Isnder may m�gioof of toss if mt m�de proinPdY by Bortowsr. = • ` � • '
<br /> Unlesg I.ender ud Hormwer otberwise agrae in wri�ng,inwra6cc proceods shail6e appliad to ratocation or repair of the .
<br /> � �Y�8�d,if d�e nstoration or re�ir is eoondmicatty feauble ad Lender's seFurity is not IassetkA.If tt�e resWrati4n or
<br /> re�ir is not 000nonac91t9 fe�si6[e or i�ender's st�urity yradd bc tasaenoa,tl�e iawranoe pnx.eetTs siwii be applied w the sums
<br /> sa:uied by:this SocuritY Insuaa�nt,wLeti�or aot tben du�wit�any excess paid w Bocrower. If Bc�rrnwer aDu�dons the
<br /> Pmpaty,ar does not ansvver withi�34 d�ys a notioc fmm isnder�t the insuracice carrier has offec+od to sdtle a claiu�thai
<br /> I.ender may ooUxt the i�uanoe pmceeds. Lmder may use the procads to repair or nstare the Propecty or to pay wtng
<br /> s�d by thi�Saa�rity L�ttunta�t,a�r or not ihen due.The 30�aY Pe►iod wiU begin wt�eo the aotiae is given. •
<br /> � Udess I,eMet:ud Bomower atherwise a�ae in wtiting.�mY applicatioe.of prac�aeds to prinaipat shall nat eatend ar
<br /> p��tp�y�t�e due date ag the moMhiy'paymeots nfemed to in puagraphs I and Z or changt the smount of the paymenu. If
<br /> uoder pacagraph 21�the Property is aoquiral by Lender,Bomnwa's right to a�r insurance policies and proaeds resulting from
<br /> damage to the PropRxty priur w tLe acquisitMA sisall�pass to Lender w the e�ctenc of tiu sums satitred by this Socurity�nsnvmmt
<br /> immediaDely.prkrto theacquisition. --
<br /> • f,paupiiocy;�pt!�vsEion,iNaf�eo�nct aud Ptotedioa ot ti�Prope�tY;Borro�a's�aau Appiicatbn:i�olds•
<br /> . ' Bar�q�eic�ialt aocupy;establish.atid ase the Prnpecty as Bomower's prineipal resideace witlun sixty days after t5e exeaittna of • _
<br /> :..�: � � this Sa?�.y.�.aad shail oti.atinae to oaupy tlx Propeetg as Bormwer's principal iesidaxe f�r at le�o�e���er
<br /> �'-.'tl�e i�te.nf: �.. at�tess�.e.ndei;ot�rwlse agrees in writing.which vonseat shall na��e¢areawnably aFizhl��;.t�`��s . _
<br /> ..�` air the
<br /> '.e��Gn�nB �ir�o�exi�t'whic�t a� f�er�Borrower's control. Boc+�.sbaTE;g��.�sttay. d.�mag+z or�tP . - �.-
<br /> r-- &�iiaw'e�r�iE be��.�.w�t�i€aa forfeitttre ,.:._
<br /> �ci�ppty;a11ow the�Propeitq"to:deteiriocate;oi eaa�it wacte oa the P�opoit�'.> Y . ��,�_:=.
<br /> , �.�on ar pt�ooeeding,whetller civi`E�oi.crimiital.is t�egun that in L�der's goa��,z`-�`�Sr.�g�e-�ar�i�r�-'=�fatfeiduc of t� tr_•:
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<br /> ' � �i�i'opectyorothavvisemateri811yitt�airthetiencrr�edbythisSocuriryt�c�Pni.orl,�sx�s'.ssecar'ctys�`.�:�:Sorr�c�c�r�, :.::.. . . '��i�-.:
<br /> .��cnr6 such a;defaalt and,rr;�ttstau,as provided in�-�'aph l8,by causing the aciian or proceed'mg to 6e��,`wi�a.r�•� :� . :"��
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<br /> . :thai;;;n.'i�iidex's gooc��faith determinallon, precludes forfeiture of the Borrower's iaterest in the Pmpe�s ar attz�i�erial _,,__
<br /> impaim�eitt oF the Gen created by this Savrity Incawnent or Lender's security interest. Borrower shall aTso be in de1'ault if �_,�
<br /> Borrower,during the loan application praass,gave materially false or inaccurate infomiation or statemeaits to Lender(or failod �F�=
<br /> to provide Lender with�anY material infom�aGon)in conr�ection with the toan evidenced by the Note,inclading,but not limited �.?.:..
<br /> to.representatiops conceming Borrower's occupanFy of the Property as a principal residence.If this See�srity instrument is on a �'
<br /> lease6old, Borrower al�ail comply with all thee provisions of the tease: If Borrower acquires fee title to the Praperty. the t • ''
<br /> leaseBold and the fce title shall not merge unless Lender agrces to the merger in writing. � •
<br /> 7.Proteetbn ot I�ender's Righ�s in the Propnty.If Barrower fails to perform the covenants and agreements contained in
<br /> this Seeurity Instrument.or there is a legal pu►ceeding that may significanUy aifect Lender s rights in the Property (such as a ,
<br /> proceoding in bankruptcy.probate. for wndemnation or forfeiture or to enforce laws or mgulatians),then I.ender may do and -
<br /> � pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. Lender's actians may
<br /> . include paying any sums secured by a lien which has prioriry over this Security Instrument. appeari�g in oourt. paying
<br /> roasonable attomeys'fees and entering on the PropeRy to make tepairs.Although Lender mt�y take action under this paragraph ,
<br /> 7.Lender does not have w do so.
<br />= Any amounts disburse� by Lender under this paragraph 7 snall become additional debt of Borrower secur�d by this
<br /> Security Instrument.Unless Bonower and Lender agree to other tem�s of payment.these a�ourtts shail Fxar imeresx from the �
<br /> date of disbursement at the Note rate and shall 6e payable. with interest. upon notice frc��tr�.�rrower requesting
<br /> PaYment. �
<br /> 8.Mortg,�e Insurat�e.Yf Lender required moregage insurance as a condition of maC:S-:6:e loan'se�:ed by this.Security
<br /> insttumen� Borrower shall pay the premiums required to m�airtain the mort�aae incur,.�ra:.�.:effect. t€, for any r�tson. the
<br /> mo�tgagt insurance coverage required by Lender tapses or ceases to be in ef�:�.Borrawer'skall pay ttie�rtemlums ic�aired to �
<br /> obtain covetage substantially equivalent to the mortgage insurance previoasly in effe�t.at a cost suE�c's�lly eqaiv�tec:t to the
<br /> cost to Borrower of the mortgage insurance previously in effc�ct, from an alternate mortgage insurer approved by �der. If
<br /> substandally equivalent mortfiage insurance coverage is not aL:�Zable.Borrower sttall pay to L.ender each month a sum c�ual to
<br /> , one-twelfth of the yearly mortgage insurance premivm being paid by Borcowcr whca the insurance covcr�;e tapserx cr s�eased to
<br /> be.in effect.Lender will aocept.use and retain these payments as a loss reserve in lien of mortgage insurance. fass reserve �
<br /> Form 3028 8/90
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