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<br /> . � s.��r h,;:�,F �.��u t��� ���a�.wa�a a°� ..
<br /> Ft+npe�ty ia.urea+�+rine�o�.by rice.i,mrd.lnc/udee,vkhin tlie arm'exkaaea coy�e•�na.ay od�x ti�t.e�e.. iecweiy�� `
<br /> flaods ot Naodinf.fa whicb Lender tbquirca i�.'1'his inwnmoe sl�ll be.rnitMtined iR tht�lmount��rid.fa the periodt •
<br /> ' thart LrndeR'toquires.'Ft�c ii�wttiuwe�uxiet{sravidi�thc i:�wrmce al�U fie cliouen by Borrower�ubject ta Lrndet`s�pprov�f
<br /> . - whi�sIW! rat be un�xan�6ty Wit(�he�d.U Hori�awer fa�'!s to m�iriaio oover�e descdbod�bo++e, Lendet nu�y.at tztxler,�.
<br /> pption�o�ie ooversges to protat f�eiider'$rishts in�he ,Pcoperty in aooQidu�ce rvilh pan�r�ph'�: �
<br /> r1I1 i�ur�noe poticies tnd renew�ls shatl be�axpa�tle m i.ender�nd a1�1!inelude a�d+�td mottj�(e ciwse. l.endet
<br /> slnlf have thie right w hotd ihe policies and re�iewata.If I,ender tequtres.Borrower af�atl promptfy givt m i.e�r�ter��ipts of .
<br /> P�P'��ud renewal notias.In tUe cvent of tosa.BorraWer sh�ll'give q+nmpt aotice to the ins�aace a�arier aod L�eude[.
<br /> l.ecder my.m�ko proof oF toss if na m�de PiumptlY bY Borrower. .
<br /> ' Unkss I,e�dqc�pnd Barowa attiawLse sgcre in wrifmg.+��pmaods�aU be applied to ratontiort or c�epdr of the .
<br /> � Prope�y dan�ed.if the r�estoration or np�ir is a;aamic�lly feui'ble and L�endaPs aecudty Is not leaseoed.If We rdaontica a
<br /> .- tipair is iat 000aomically teasi6lC or Lender's sxurity would b�lessa�ed,the i�anoe p�uoeeds sWl!be+ipplied ta the sua�s
<br /> secnmd by tl�is Socutity Inan�e�nt, w6ether or not thea due,with aay eaoeas pid to Borrowa. If Borruaer�biuidot�s ttie
<br /> _ � _Pioperty,or daes na aacwer v�ridiin 30 days a no6a from Leader tt�at the insuranoe aurier has offtred to seltle a c4im.dKn
<br /> _ - i�ender may collect the insivanoe prococds. I.ender may use the proaeds tvi cepair or nsfon t6e Pmperty or to pay sums
<br /> sea�red by this Security L�shument,whether ur not thrn dac T6e 30�day puiod wiU begin whea the mtia is glven.
<br /> �_f:� Untess Lender aad Bormwer otherarise ag�r.e m wriung.wY appticwon of pcoaaLs to prineipAl shail not eate�!ur
<br /> --�� , postpone the due date of the moaWy paymems cefat�d�o in�s 1 and 2 or d�ge the amount of ihe p4yments.If .
<br />--_- under pan�gtaph 21�the P�npetty is acqniiod by I�eoder,Bonowa's rigLt w any itmtranoe poliaies aod pmoeeds resuiting from
<br /> =�,t:` damage to t6c Prope�ty prior to the acquisition shall pass to l�ender to tdc exunt of tde su�tc so�cuet�by this Seauity In�ent,
<br /> F' immediatclY irtiorto tLe acquisidon: �.::: ,;;-s�;� ; . .::•,;,;:;• ,'.•,";;..
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<br /> _ �.Oaap�ocy,p�rv�tw+Mdntemnoe and P�n6ed�of fir�;.lt�pectl!#..�,�o�iqwa'��oi�o AppUcMlos;Lpaeliolii.�:'�
<br /> - . . Bon+awer ahall ocxupy.Gs�tisb,and use tbe Propeity as��tawer's pri�c3paf,�asid6nae wirl�n sizty dsys�Ra t�e esywtiaa af: �'
<br /> `l� tUiis Se��rity Iastcumc�u and s6a11 cmm�aue ta ocxupy the"flinperty.as�Boiiowsiy�;�tic:pat res�e=far�least no'c ye�,�s, .
<br /> �:.;. . .
<br /> x,.« the date of Qocupancy.unless Lender othetavise agrees in ariting.vahicl��aV�:�not be t�i"re�ca�nably wit6held.ot t�ess.:
<br /> �' cxteauating c�tances exist whic6 a�+e beyord Borrawgr's cqnhrc�I:�;Horr+oi�ver`�stsall txit.`�*3y,�dnm�gc��a iit�iair.'�ie..:.
<br /> .r:j .
<br /> r PiopeRy,allow tbe Property to deteriornte..or rommit'.v'vastt on tfic'P,�c�operty, Boaa�awu sba1l be:ia defeuIt::'ff,.•�►y farf4itare _ . .
<br /> ' '� c6utd result iafforFeltace of tha`- :;;,'
<br /> � � - action or proceeding,whetl�iclvIl or criminal.is begdn that in L:endct's good faid?; S!nCr�t-�, � ..
<br /> " �`Y .�`;; ; P�perty oc atherwisc mater�atiY impair tl�e:liee ete.�ted.iry`this Security.Instruma�f�r Y:eiidePs secwity inteteat.�urmw�t.m�y�'_. "�:,
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<br /> �; �r�y� ��.. • cvre such e defaillt and c�eimtate.as pm�nded in parsgmph 18,by�causing ti�e aetion or procad�qg ta be diasnissed with A.tatiag ., ,�•
<br /> ,.;,?} 'r, . �,�fr;�;,L . � :.: that.:in,�.ender'sgoqd.��ijbldetem�iriattoil.=lmclndcs forfeituia of tUe Bormwer's iata�st in thc Propeity or.+otlaer�tt .,
<br /> J' ' �.,;:'r�; -,�� - impaimicnt;of tlie(ien;c:reatod�by this Security Insuument or I.ender's securtty interrst. Borrower st�aU also be in defautt�f
<br /> � ��„ . �'{ Bormtiver,dtitidg idt'ioart'�ppiieation process.gave materially felse or inaccurate infomiation or statements w t.endet(oc faited
<br /> ''����r•~'� . t�i pmvide I.endec with any material infom�ation)in oonnoctian with the loan evidencod by tbe Note,.inclt�diag,�but not tim(ted
<br />-ti� -�" - •. -. •' �,« - to.representatiaqs co��xming Borrower's occupancy of the Pnnperty as a ptiqcipal rcsidet�ce.If this Sa�rlty lncumnent is on a
<br />: . � .. , leasehold,Botrower shall comply with all the pmvisions of the lease. If Bomower acquires fee title to the Propecty. the
<br /> : 'r : � , . � leasehold and the fee title shall not merge unless Lender agrees to ihe rt�erger in writing..;
<br /> .. . : ' 7.Nvtedion ot Lende�'s Rights in the Prnperty.If Bonower fails to pedorm the covenants and agroetncnu coatalaod in
<br /> ' ' this Security lnstrument.or there is u legal proceeding that may significantly affect Lender's rights in the Property(such as a
<br />� .. ., • � '- proceeding in bankruptcy.probate. for condemnatian or forfeiture or ta enforce laws or regulatloas).then Lcader may do and
<br />- � ' • ••. pay for whatevcr is necessary to protect the value of the Property aad,Lender's rights in the Property. Ler�der's actions mry
<br /> ' include paying any sums securod by a lien wbich has priodty over'this Serurity Instrumrnt. appeuing in oourt. psying .
<br />: - . ._ -. ..-. reasonable attomeys'fees and entering on the Prnpeny to make repairs.Alihough Lender may take action under this paragr�ph
<br /> - -� •:-- �
<br /> : .. � . 7.Lender does not have to do so.
<br /> . � � � Any amounts disbursed by Lcnder undcr this paragraph 7 shall become additiona! debt of Bonower secured by this
<br /> _ � � :�i'�' . . Security lnstn�ment. Unless Borrower and l.ender agree to other terms of payment.these amounis sluill bear interest from the
<br /> � ``'"; � • date of disbursement at thc Note rate and shaU 6c payable, with interest. upon noticc from LendeT to Borrower nquesting
<br /> _.:.. y',:';�;:: . ._ .. : paytnent.
<br /> :: i%'''".`;.�ti<•i...-'---.._: 8.Moet�ge Insurarxt.bf Lerxler required mortgage insurance as a condition of making the toan securod by this Secnrity
<br />=:r-:��;;.::',' ��1� _�� Instrument, Bortower shall pay the premiums required to maintain the mortgage insurance in effect. If, for any reason.tbe
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<br /> ` •` ' ,,,,.,• ,.� � . martgage insurance ooverage required by l.ender lapses or ceases to be in effect.Borrower shall pay the premiums roguired ta
<br /> :';�`.,�� i�r��; _ ' obtain coverage substantially equivalent to the mortgage insurance previousty in effect.at a cost su6stantialfy equivalent to the '
<br /> �'�;k":.;.�:-�:-� -�-
<br />'.t� � ,,.., ,., - cast to Borrower of the mcrt�;e insurance previously in effect. from an altemate m�rortgage insurer approved by Lender. If
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<br /> ,.:,.;� -�� �a�stantially eqaivatent marr�,insorance coverage is m.at available.Boaawer sha1l{ray to Ixnder each manth.a sum equal to
<br /> `i=���'��'�. . or��twelflh ef tPte peatfy mc��'�aae.insurance premium be:rr�paid by Boaower when the insuranoe coverage lapsed or ceasa{to
<br /> _��;�!i'�:�. . • .,-�i ' . 6e in effect. I�ender will accept,usc and retai��these paycr.snts as a lass reserve in lieu of mortga�e insurance. i,oss rtsent
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