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<br /> , !��MM!1��b�f0{�IhE��C�li�`lp1�Y�.��!ldEf IEQY�IR.BOffOMR sl�fu p101�l�Jr�Y!�l.Hld�l aU!OCllpl� .
<br /> C��pOdq�IKfli�I�fIGNtiI pOt10li.. LI HIO CYlllt CE bffr BO�liilYCd i���YC�l[0!q(�AOti�Y IO tI1C�pl'�.'C�[(lpt il�
<br /> � f.eade�l�derma�m�cP'coEa¢locsi€notnddeprappttYbY.Bo�m�� .. ' ` :- . � . .`
<br /> , �. . Uaka l.eoder aod Dorrower adrcevrbe�pa ie writin�ie�ooe pcoa�k�ll 6e spplied td�eswratiad a tep�ir df
<br /> �tbe Fbo�aty.dao�ed.if the ce�to�tioa or tep�ir is eoonomicalty fe�iMG aM Leaderb aocu�ity is not ks�eoed. If t6e
<br /> ` x�a�a or�ir is aot eca�amicatiy fasibk or Lrenderh secariry woWd be kssa�ed,t6e inwr�oce p�noeeds s6�11 be
<br /> � aPWied W the wmg�au�ed byt this Sec�ity lmtrmnent,whethes or nd tha�du�.wid�any exoas p�id t►�Ba�oMer. If
<br /> . : a�a��s me r�aey,a aoes:aot a�mva�thin 30 days a notice fmm l�enda 8�t d�e inw�anoa caaier lu►s
<br /> offeooa to s�tie.alaim,t6en Ltnder may�ollect u�e inwranoe p�oceeda. l.eoder may ux e�pooeeals w�+�wr or�o�e �
<br /> the Ptoptety or to pay swris aecur�ed by this Sea�rity lnsuumdM,whether or twt tba�due. Tbe 30�day period xn'll besin when ,
<br /> ; lbe notice is pven. . �
<br /> Unkss l.ender aM Banower otherMi.4e�giee in writing,�nY�PPlic�tion of prooeeds w principal shgll aot axtend or
<br /> post�ooe a�e ane aate�tbe mantlay pa�m�eals cefarea w in p�s 1 aaa 2«cl�nge u�e�or tbe psy,�euts. tf
<br /> urder pragroiph 21 the Pmpaty is acquiied by Le�defi Bon�uwer�s riglu to wy mcurmc4 P���P�.��S
<br /> fram d�mge w the Property pcior to the scquisition st�all pus to Lender to the eatrnt of the soms secun�d by this Seceity
<br /> I�tnatKnt imrno�iately prior w ihe acquLsitian. ,
<br /> , ' f. Ooe�ac� Pr�tlo�, Mai��ta�oe aod Prattdiaa ot tbe Pr+npe��ty; $arru�rer*a I.pu AppYatio�;
<br /> i�el�old�. Bomower shall accupy.establish,aad use the PmpeRy as Somnwer�principal nsidax,e within sixty darys after •-
<br /> 8�e exec�iaa of tius Savdty�t and sinll continue w oxupy the Ptope►ty as Bormwa'a principat n,cide�for at � .
<br /> tea�t one year ofter tbe date of occupancy, nakss Lender otherwise ag�+ees ia writiag, wiuch conseat sluli noE be
<br /> uraeasaiawy,w;thhew,or unles.s exc«�wtirig a�exisc whicte an:.beynna Borrowcr'�oonaol. Eomnseret s8au not `
<br /> de�nqy.dsmagt or impa'v the Pfnperty,altaw the Punpeny to'deteriaatc.or cammit wacte on the Prnpeey. Bamwer shall
<br /> be in defanit if a�ry forfeiture actioa or psacooding,whetfxr civil or crim�al.Is 6egun that in l,.ender�s good f�itb judg�aent
<br /> cuald nsult in forfbit�me of the Property or otherwisc materiaUy impair ttu lisn cieated by this Sacurity In.�trurtxnt•or
<br /> La�der's security intensG Boaower may care such a default aind reingtate,as provided in paragrapii 18.by causing the action
<br /> or p�+ocading to 6e dis�missed with a ruling that,in l.ender s'good faith determination,p�+ecludes forfeiture of the Bono�ver's
<br /> . interest in the FiopeKy or other�al impainnent of the lien cn�ted by this Security Instrument or i.ender's security �
<br /> intenest. Bonaa�er shal} also be in default if Barrower. during the loan applicatian pracess, gave materially false or
<br /> inaccutate information or statanents to l.ender(or faited to provide Lender with any materia!infom�ation)ir�tonnaKion with
<br /> the loan evidenioed by tfie Note,including,but not limited to. repmsentations conaming Barower�s axapancy of the
<br /> Pe�erty as a pr;ncipU tesidape. If this Securiry Insuumar¢'ss on a leasebold,Boma�rerstrall coraply with all thep�uvisioas �
<br /> af'li�e lease. If Bom�wtr aoqaires fee tide to the Property.�tr teasehold and the fce title s�all not merge uniess I.ce�a[es ag�ees
<br /> to ihe merger in writiag. ,
<br /> • � Prot�eaioa of I.eadtr's Rigbts ia t6e Property. if Borrower fv'ls to perform the co��ai�ts�ami aguements �
<br /> contained in this Secur�ty lnstrument,or there is a legal proceeding that may sigaificandy affect Lei�der�s rights in the
<br /> Property(such as a'piaceedimg in banktuptcy.probate,for condemnation or forfeitu�orto enforce laws or reguEa4ons).then
<br /> Lender may do ar[d pay fw�whatever is neces.5ary ta protect the v�lue of the Pcoperry and LendePs righu in the Pcapercy.
<br /> Lender�actions may include paying any sums secured by a lien which has priority over this Security Insuument,aippeari�
<br /> in couit,paying reasonable attomeys'fees and enteri�g on the Property to make repairs. Although Lender may take action -
<br /> under this paragraph 7.Lender daes not have to do so. _
<br /> Any amounts disbutsed by Lender under this paragraph 7 shall become additionai debt of Borrower secured by this ,
<br /> 5eturity Instrumen� Untess Bocrower and i.cnder agree to other terms of payment,these amounts shal!6ear interest from the =
<br /> date of disbursement at the Note rate and shall be payable.with interest,upon notice from Lender to BoROwer requesting -
<br /> paymen�
<br /> _ ' S. Movtgage Insurana. If Lender required mortgage iosurance ac a conditipn of making the loar�secused by this -
<br /> � Securiry Instrument, Borrower shall pay the premiums required ta maintain the martgage insurance in effecb If.fo�any =
<br /> reason,the mra�age insurance caverage reguimd by Lender lapses or c�es to be in effect. Borrower shall pay the :
<br /> piemiums requurA to obtain coverage substantially equivalent to the mortgage it►surance previously in effec�at a cost :
<br /> substandally equivalent to the cost to Borrower of the mortgage insurance previoucly in.iffect.from sin attemate mortgage =
<br /> . insuret approved by Lender. if substantiaily equivalent mortgage insursnce coveragz is�t�i available.Horrower•shall pay to =
<br /> Lender eacli momh a sum equai to one-twelfth of the ycazly mortgage irtsurance premi�m 6eing paid by Borrower when the �"
<br /> insurance coverege lapsed or seased to be in efPect. Lender will accept.�.e and rraain ihese paymen�.c as a lozs reserve in lieu =.
<br /> of mongage insvr�nce. l.oss reserve payments may no longer be requieed.at the oytian of Lender.if mortgage insurance
<br /> covexage tin tlie amount and for the period that Lender re�quire4)provided by an insu*es�ppraved by[.ender agatn becomes -
<br /> av��able and is obtained.Horrower sltall pay the premiums aequired to maintain mort�age insurance in effect,or to provide a =
<br /> 7oss reserve,until ihe requirement for mortgage insurance ee�ds in accordanre with any wri[ten agreement between Borrawer
<br /> 'and l.ender or applicable law. �
<br /> 9. Iuypeetbo. Lender or iu�gent may make reasonable entries upcm and inspection�of the Propeny. Lender shall
<br /> give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection.
<br /> l�. Coademeation. The proceeds of any award or claim for damages,dir�ect or canscynential,in connection with any
<br /> . 5inale F�mily--Faenk MadFlreddk!Nac UNIFI)RM INS"fRUS1EN7'--Unifrnm Covc�nts 9190 fpage 3��Jb paRe�l '
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