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<br /> . � � � � . � - : � - - � - . - �941t�orro4 _
<br /> �� �m.���. zt������;�,���u��e�s���,b�c i�r�� :`�
<br /> �ppt,oril whicb eh.0 me be wmeasaa�6iy wahbela. Jf aomavrtr raus to tn�intairt cever�ge aescrilxa above;Lendei�m.y,at •
<br /> h I�cnder�a e�ptior�,obsin coverage to p�otecK t�nder's rigius in th¢Rtopeny in ae000d�noe witb p�ragrapb 7. . ,
<br /> All ins�uance poticIes iod neaewds shaU be aaepabk to l�etder and sfuil Ltclude a standanl mortg�ge ctause. Lender
<br /> , shatt Mv�the right co hold d+e policia aeW naewats. If l.ender cequices.Bormwer sball prumpttv give a Lender�It raxipts �
<br /> of paid premiums ut3�eaewaf noticsa. In tdc event of lo5s.Barower shal!give promp notice to the insur�nce cunier and
<br /> �.aider. d.aide'may maice pnoof of toss if nat m�de pramptly by Barvwer. � �
<br /> Unless Isndet and Rorrower othe�wLse agro�in wnting.�nsurance pmceeds shaU 6e appi3ed to testoration a zepaQ of ,
<br /> the Ptaperty da»�aged. if the eestoration or�pair is eoaoomically feasi6le and L.eaider� sec�uity is not itssened.' tf tlae =- -..— _
<br /> cGStaatioa a tepair is mt ecanomicatly fe�'bk or LRnder's sxuriry woWd be tesceaed.the instlrance peoceeds shal}b�
<br /> = ap�pliat to the smns secumd iry this Securety Insuumen�.whether or not thrn duc,with any excess paid to Bortower. If . ; —
<br /> Boma�wer abaada�ns th� Ptoperty:or does nat�svYer widrin 3�days a naice from Lender that the insurance carrier has �°°—_
<br /> offecied w setUe a ciaun,tiKn Leadec may coflect tl�e insurdnce pcocxa[s. Leader may nse the ptooceds to repair or nestone --_===
<br /> _= the Property or to pay sums sa�ed by this Socurity Instrunxnt,whether or not then due.'!�e 30-day penod will 6egin when ��__--
<br /> the naice isgiyea �°-_-
<br /> = Uniess I.catder attd Bamower othetwise agtee in writing,a�y application of pmceeds to principal s6a11 not extend or —_—
<br />__- postpone the due date of the montWy payments refer�i to in paragiaphs i and 2 or change the azno�m!of the payme�nts. Jf ���;,���.
<br />=` uader parag�aplt 21 the Pcoperty is acquited 6y Lender,Bom�wer's rig6i to any insurdnce policies and proceeds r+esulting::>'.... . _ ?*„°-�----
<br /> '� fi�nm daonage_w the Pmpeny prior to the aoquisition shail pass to.Leiider to ihe exteni of the sams sec�ued t�y this Soa�r�.'�: . . �•}Y, ��:';.,
<br />.C• . S . lgf� y .:.�L.
<br /> f � InsEmmedt iinmediauly prior w ti�e aoquisiuon. .. • ,::. •. • : -. �s % �- -
<br /> t f. OoaipsncY, PresawaHon;1�Iaintatanoe.ai� �rot�tian.of tbe P,roperty; Borrovver's:�a�`?�lppiicaoion; �s'f�, xi'�=
<br /> _ �.e�sehQid.�:`.•�8oimwer shall accupY e.stat�?uh;and.as��tt�e Ptu�ty a�S�oao�ec�s pri�cipal res��:iri2lu��.�}days af�er �i;;-;``�� `�-
<br /> � ;� . titg exocatioq�of tlus Security instr�uaent�n�'shall,continue ia�qe�y�Prape�sy-as.BorraR�r?spi�ciga�.�esidence for at ����'�'��°, -
<br /> : :�east oae qr,�',after�lie date of oocupancy; untess•I.ender.Qther�e a��s�n:�iriting, �i�ic� coiiseent sHall not be �`f�,;�p �
<br /> �S t5
<br /> — 'yereasodalsiy.wrthheid.br uatess extenuautig ci�cumstanoe's exist w�uch are beyo�d$orrower�s control. Bdrrower sha11 not i�yr�, .�
<br />=- des�rny,damage or impair tIie Ptope�ty,a11aw the PrqpErty to deteriorate,or conimit waste on the Prnpeity. Bormwer shall ��.�;�• `�
<br />= be in default if any farFeit�ie ac6on or proceeding,w�iether civil pr criminal,is begun that in Lender's good faith judgment �?
<br /> could result in forfeitune of the Pmperty or otherwise materially impair the lien created by this Security Instrument or ��. "` .�. �
<br /> - l.ender§security inte�nest Borrowee may cure such a default and reinstate.as provided in paragraph 18.by causing the action � c
<br /> � or praceeding to be dismissed with a ruling that.in Lender�good faith determinatian.preciudes forfeitum of tbe Barcower's•
<br /> �:,.r: _ .�. -
<br /> r.�. interest in the P r o p e i t y or other materia!i m p a lrment of the lien created b y t6is Secudty Instrumcnt or Lender's securit y --- ----
<br /> ,cf�w '.r
<br /> =� interes� Bomawer shall atso be in defaulE if Baroiver, during the loan application pracess, gave materially false or {. ,
<br /> .��;_ inaccurate infomation or statements ro L.ender(or failed unprovide L.ender with any material inf�rmution)in connect'eon with ' _k
<br /> -'�::x�:,;*; � the tc�at► evidenced hy the Note. including,but not limited to. repmsentations conceming Borrower:accupancy of[he .
<br /> :, ..�:-, ,_._ �
<br /> � •.:��,:��_,, Pro p e r t y as a princip�l residertce. If�his Security Instrumem is on a teasehald.Borrawer tihall com ply with all the pmvi�inns �
<br /> '^� �'�� of the lease. li Borruwer acquires fce tidc to ihe Property.thc leasehold and the fce tiQe shall not mergc unlcss�Lender agrees � �
<br /> ' ^ �r,?�= to ihe mergcr in writing. .
<br /> :?�:'-'�...: ,:"•._' 7. PrMtctbn o�Leader's Ri�Bts in the Property. If Borrower fails to perform the covenants and ageements ' '
<br /> - _£ ,,�`-�' contained in this Security InstrumeN. or Ihere is a te�al proceeding ttiat rt�y significa�rtly affect Lenders rights in the �
<br /> ,;Y;,���,�;,=;; Property(sucb as a praceeAing in banlwptcy.probate,for condemnation or forfeiture ur to enforce laws or regutations).then • T
<br /> � • ��',�i.,��.�,-.,-:�� • Lender may do and pay for whatever is necessary to protect[he vatue of the Property and Lender's dghts in the Property. �� ---�--� ��- �
<br /> �' • ''�• � • l.ender�actions may�nclude payins nny sums secured by a lien which has priority over this Security tnstrument,appearing
<br />_ ��=;���j�::":,=a in coun.paying reasonaDle anomeys fees and entering on the Property to make mpairs.Aithough Lender may talce action �. � - _ �
<br /> �2�r�r_s� .•=�` � under this paragraph 7.l.ender does aot have to do so. ;
<br /> ;ApJ��`,�,: , �. Any amounis disbursed by l.ender under this paragraph 7 shall become additional debt of BurroK•er�cuced by this - - - ,
<br /> - �:1�"-'" Secoriry Instrument. Unless Borrower and Lender agree to other terms of payment,diese amounu shall beac interest from the .
<br /> �1 �'�''�'' '`'i date of disbursement at the Note rate and shall be payable,with intemt,upon nouce from Lender to Bortower requestiag �
<br /> _ -�.;Y_.;;�',,>u'.. ' °:.:
<br /> : =r��-`; �"�. paymem. �:, :.�. ��'f``;
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<br /> .:�5:.:._,.-': . ' 8. Mortgage Insuraace If Lender required mortgage insurunce as a condic�on of making the toan secured by this ,�,A;�;;�. � .
<br /> ' �'�-���;.:�'; ,�_ S�curity Instrumen�Bonower shall p�y the pmmiums required to maintain the urwrtgage insurance in effe.�. If. for any ��:�_:;?::, �
<br /> � •' ;•`';. rrason, the mortgage insurance coverage required by l.ender lapses or ceaces �o be in effect. Borrower shall pay the ;�;''��` ��� • '
<br /> '�if�"='`� •��` ' ' premiums required to obtain coverage subtitantialty equivalent to the mortgage insurance pmviousty in effect.at a cost
<br /> �. ,� . .
<br /> F;. .;;. :.: :.,
<br /> ��`��+���� " substantially equivalent to the cost to Borrower of the mortgage insurancc pmviou.r•]y�in effcct.from an at[ernate mortgage � : • 3
<br /> �. ',.:. .
<br /> .�,,.;. - •. , , insur�er approved by Lender. If substantially equivalent mortgage insurance cot�erage is not available.BoTra�.t�shall pay to ';, �
<br /> �""r:'�' Lendcr eacb month a sum equal to one-twelflb of the�•early mortgage insuranoe�:emium being paid by Bnr��%ar when the ;t;.: � .�
<br /> ��_>,�.,�T;;:�, �� insurance coverage lapsed or ceased to be in effect. L�•:der will accept.u.se and scrain these payments av a lo�s reserve in lieu f . .
<br /> , � �, _
<br /> i•: � of mori a t insurance. Lo.0 reserve a ments ma 'no fon er be r u�red,at ifie o tion of Lender,if mort e insurance
<br /> -:�--- — � '- �t,. S 8 P Y y' 8 �i � P �o ..__....
<br /> `�`�';,�' coverage(in the amount and for the period that Lender requires)providcd by an insurer approved by Lerider again b e comes ` � +�:.
<br /> - �-''�: << ayailable and is obtained.Borrower shatl pa y the premiums re quired to maintain man ga ge insu�ance in effect,or to provide A I
<br /> ���i�"` loss nserve.until thc � . .
<br />_,� ..;., , tequitement far mortgage insurance ends in uccordance with nny written agreement between Borrower E �
<br />'-�' "' • and Lender or applicable law. }
<br />- �'�'`y�'` 9. . InspecNon. Lender or its agent may make reasonabte entries upon and inspections of the Property. L.cnder sha11 f����.��_ �
<br /> �"`�` �j;• give Borrawer notice at the time of or prior to an inspection specifying reasonable cuuse for the inspection. • �� --�
<br /> _ 10 Caademnation. The proceeds of any award or ctaim for damages,dimct or runsequential,in connecteon with any �.. ' .
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<br /> �� — SingteFrmi(y–PanekMadFreddkMaclINIFORMIYSTRU�IEN7'•-UnitormCovcnanta 9/90 /pa,qe3nfepa�eeal . •
<br /> � cirx t�s EuvNes vanr���e.� �.
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