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<br /> � ` �OOdi 0[tiI10�,!0[�1.t'Od![10{�11ni�G.`�t�014t�IL�E`S��6C�d�l1Ed lD.t��OE�WIfS i���1C plf�p�6 �
<br /> " tlf�Ld1�Ct t�t[CS.�iC�I�IICE l�[lCF�tOVl�ioj ihG IOWt7N10C 5�.1 lft CbOQEII�$Of[01�YCf Sll�ft%t0�RB�C�`s iQ�f��� .
<br /> `whid��1!oot be�ombly rvithl�eW.�`If Hoetvwq fat'(s to m�ntain oov�mge deacn'i�ed at,�ov�.�ender mqi.at I.e�de�'a, �
<br /> . aptioe,abt�in ao+r�to pcotect Itode�s rialKs in the F�opaty in accad�etx rrith p�taph 7. � . '`
<br /> � . �RU�oe�pdicies ard mrwsis s1�1 be aoceptwbk�to Lender aa�sbtl!inciude a staida�d.m�s ct�wa t�er '
<br /> .- ab��ave tbe ri�t ta b6W the policies�ad�t�vin�i�:"If I.eader:eq�tues.Bo�'rnwer shti!peQ�npttq pve to f.ea�kr ait ieceipts o€
<br /> pid p�miums aod�rinerYal notic�es.Ia We event of lose.Ba�uwet sbtU give p�t mtict eo We imur�rK+e caerier�od t�odes.
<br /> I,ender mry m�tce proof of Iosg if mt made P�'�PUY bY�- . .
<br /> � Unksc Laide�c iod Honutira athenvise spee in writin�.iewtaaoe p�ocaeds a6�U be�pplied W ecstoration or�ir of the
<br /> PmpettY dati�ed.if die nstoe�tioo or sep�ir is 00000mic�ily Lq�sible�od I.e�det's sea�rity is aot leareaed.U d�e t�ac�tbu oc .
<br /> �dr is not aonooa�cally fas�'6le ar lsader's saviiry�voaW be le.ssaed,tbe in�ranoe pE+ueeeds s�lt De ypplibd ta t6e w�m
<br /> sacur�ad by tbis Seauity Im�cume�t,whether or mt tltin doe.�vith a�y eatast pid to Horioxer.Tf BamMer ab�ndou�fhe
<br /> Pmperey.or does not answer wit6in 30 dsjrs a notice from Lender tl�t tLe insuranoe c�vrier i�oNaed w sdtle a claim.tLea
<br /> �.ender may oolket the i�unne.��oceeds. Lada mry ase the prooec+ds w�epair or ciston We�ruperty or to qy swms
<br /> sesv�d by t6is Seauity I�,wtktber or not tben due.'1Le 30�day period�rill begin wLeo We no6ce Is�iven.
<br /> , Udess I.a�der ud Borirowu otl�erw�.�greo in writing, anY appli�ti�af pcvoea�s w l�riociPV sl�ll dot extmd or
<br /> , P�d�e due tWe of tLe moattdy payments deftned to ia pa�1 aud 2 ot c�age the atmunt of tLe py�meats. If
<br /> onder pArage�p6 21 tLe PioQeny is xq�ired bY t.eridac,.Bormwe�.i�t to a�r insur�nce poticie.s aod p�noeads nsultin8 fmm
<br /> dan�gcto ihe Pidperty prior t�the acquisition shal�p�t�i�ta ihe exteM af tbe swoos secu�d 5y t6is Securiry I�ument., �
<br /> . �mediateiq Prkfr.to tbe acquisitian. :, � . , . . . .� :: .,..:.�.. .
<br /> . f.Oonp��y.lhr�aa�ons Maf�a aod Pt+atei�oroEtie Aopertyi Bor�oee�s Iau Applintio�;Leakidds.
<br /> l3orrower sh�U accupy.establisb.and use rhe�FropeKy a4.Bomawds princlpal trsidenoe wiWin sixty days aftet ibe exautioa of
<br />=- thia Suurity Iawument aad shall oonti�e to occ�i�r`.tite Property as Borrower's principal msidence for at leaat one year after
<br />- �_� the ctau of occuparky,unless Lender atlxiwise agco►s uz writing,wtuch oonsc�nt shall mt be uareasonably wit6held,'oi�mtess
<br />�'t extenQating cinviastanoes e�st,whic4�ace beyom3 �.*�rower's contml. Bormwer shal! aot destmy. damage or impait the
<br />�;� Pmperty,allow the Praperty to deteriec�e,or commit waste na ti�e Property. 8ocmwer shall be in defauit if�ny'forfalu�
<br /> a¢tian or pra¢oeding,whether civil ot crimi�l,is beguu that in:Ea�er's good faith judgment could res�It in forfeitune of t� _
<br /> - Property or otherwise mautiaily impair the lien created by this Sep�x'ity Insuument ar Lender's seciuity in�.Bomnwerft�y�
<br />- . aucs sack a default a�rei�ate,as provided in paragtaph I S.by c�using the action or proceeding to be dis�nT�d with a� �
<br /> tEsat. in I,ender's good fai�s•'determination, precludes forfeitute,ef tha Borrower's ir►tetest in ti�e Pioperty.9r oWer m�s'z1
<br /> ' _ i�af the lien cieaced by rlvs Sea�rity Inst�vment or I�'s security interest. Borrower shalt also be in def�lt.sf
<br /> _ . 8orrower.:during the loan applicati6m�Srocess;gave materially fa1�e ct inacxurate infom�ation or stateaxnts ta Lender(or f�:'Ied
<br /> t to provide l.ender with any cnaLeaaL i�;;riaasian)ia c�cnection wid�cue loan evidenced by the Note.incladi�r,6ut not limiEed —_
<br /> to,rePcaseatations conceming Sorrowet's oa~�.`p�rcg ou r�e Pmpc��a princ�pai neside�xe.If this Securiry I�swment is on a —
<br /> . � , : _ . Ieacehold, Borrower shalt oomply R�°�a1t the pru�isions of t}ie tease. If Borrower acq�ires fee title ta th� Property. the �`
<br /> ��� .'� ' teasehotd and the fee title shall not mergeunless Lender agrees to t'��merger in writing. �:'='—
<br />_ .',t,.,�, S'�;;•, �_"3:; s s.'"�ra.'"
<br /> �, • 7.Protectton ot Lender s Rig6ts u►the Property.If Borrowe�€�u7s to perform the wvenants and agreements oontaiaed ia , ;�_�•
<br /> ���,�'s�� � �- this Security Instniment, or there is a legal praceeding that may sis frcantly affect Lender's righu in the Property(suc��a �~�r�:
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<br /> ':�'�:�°':� �. • .., proceeding in.bankruptcy,probate.for condemnation or forfeiture or to enforce laws or regulations).theo l.ender may do and _�.,��.,:,
<br /> � ��-^; . - .
<br /> ;�•:�.},, : , pay far whatever is necessary to protect the value of.the Property and Lender's rights in the Property. LeadePs actions muy _�`�,.�,_"-
<br /> --���r.�;-•;.;` �.• � include paying any sums secured by a iien which has priority over this Security Instrumeat. appearing in court. payi� -�-==-
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<br /> .._ ' ` . -' �• � reasonable attomeys'fees and entering on the Property to make mg�rs.Although�.ender may take action under this paragraph ' `5`.:`_�s_;;,
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<br /> ., � . . ..:�,,. 7.Lender daes not have to do so. � k '�'::�;..-_
<br /> , :;�: .°'. ' My amounts disbursed by Len� a�der this�zragraFt� i sti;11 becorrte,additional debt of Borrower secured by this
<br /> ` • � '''' Security Instrument.Unless Borrower�.-s�i.ender a�ra�za o�.��c c�^s of payme�,ihe�e amounts shal{bear interest from the
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<br /> ,'`;` �. ' date of disbursement at the Note rare z�shall tre ��a�.e. a-cc.T� i:x:rest. upem�:.tix frcm i.ender to Borrower requesting
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<br /> _._ '';'s:�::� .`', ..,_,:<;� payment. ' •
<br /> �,�.:...•.� : •
<br />- _�f'_..;r..;.u:,:_;.. . S.bfo�g�ge Insurante.If Len�er i'equired mortgage insur�.rw:zs a conC:�:�ici vf making the loan secured by this Security
<br /> . - Instrument. Bornower sh�it a the eq �' �- --�'-. �±' .:--
<br /> ��` • � y premiums r uired to maia�:°.the mort ^_� �surance in effect. If. for any.reason.the t ,
<br /> ' '�`�'�r+�,. :�.,.'`:', mortgage insurance ca�er.;�:reqirired by Lender lapses or ceases to be in effect.P.E:rrower shall pay the premiums required to � ' •
<br /> ��;���: oblaip¢ove�ge subsi2.*��;;dT.y equivalent to the mortgage insurance�reviausiy in effect,at a cost substantialty equivalent to the � ' i '�. •
<br /> �;t'�! .. �'r, i�.•�' � • ' _
<br /> ^•��+'`�t':.� =� cost to Borrovver af the mortgage insursncz previously in effea. fr�m an a lternatc mortgage�i�sumr apprav e d by L e n der. I f '-� - � --•�
<br /> '.;...•� ., , ..,r,�•�,
<br />' -'� . '. , , •�• , substantially equivaent r.iprtgage insurzce coverage is not avail�[�,Banower shall pay to[.ecdcr each month a sum eqoal to �: - �
<br />: � ' one�twelfth of the yearly ir,ortgage insurance premium being paid by Bonower when the insurance wverage lzpsed or ceased to � .
<br /> , be in effxt.Lender wi[l 4axpt.use and retain these payments as a loss reserve in tieu af mortgage insunrr:e.'Loss reserve i, .
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<br /> '. , - ' Pam 3028 8/90 •
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