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<br /> . . s �t�ei K tt.�eety Lwe,woe. Baro�a�lau I�ap tbr i�p�avem�ats no�►ad�«,ba�diMr e�aea aa t� ..
<br /> � �Prc�paty ioafted�pioit!m by.f�e.�Lvaeds included w�sdun tbe tetm,'exteeded cov�era�e`aad auy ather�.� ; <
<br /> ` � floo�ls ar 800diu�.fa w�hicb I,ender mpires itnaraooe.'I]�is insunuWe slWl be md�ained in the amowits�od for the periods
<br /> . d�E'i,ta¢et e+equites.�Tht i�tnr�oe��cria qavidin�ibe inslt�ct s6aU Se ch�see`by Hot�uwer sobject w[�ender's.spprov�i
<br /> whic6 alyll not�be unrcsson�ly witl�hetd. if Borrawa fsils to a�ichin�eoverage descdtied above;t.ender mny: �Lafdet's
<br /> uptinn,u6c�i+�aoversgs ta g�utect I�der's rights in the P�npe�ty in accordanoe with p�ragrapf►s. �
<br /> All i�r�aoe policks ud renewats s�ll 6e acoeptable to I.ender and sl�alt inctude a standud murtgag�clanse. Lender ` :
<br /> ` • , sin11 dive the right oo h�W tLe polic€e.a aod rmew�ls.if 1.eMer ceqaires,Bomnwer sfull pminptlY give to�T Snder a{I ceeeipts of
<br /> ` Fud Qm�hiues ud ra�wal aotic�.In tha e,vmt of 1oss.Bnaower s6�11 give prompt noticG w�he inw�oe carrier add I�ender.
<br /> I.endtt msy m�l�pmof.of Ioss if t�nt mtle promptiy by Borrawer. . .
<br /> ,1Tnless Irender�Boimwer otl�erwise agne in writing.insur�wQe FmoeEds shall be apptiad to riestoratjan or ze�ir of t6e ' �
<br /> P�operty dut�ged.if the rawEauon or:epair is eoummical[y fi�'ble and Lender's security is not tessenea.If the�estaration or
<br /> tr�ir is tat eoonomicatly fasibie ot i.adei s sectuiqr.wadd be IGaeeod,the i�pcoceads sl�11 be applied to the s�uns�
<br /> savrod i�y�tbis Saurity Iaucurr�eat. whetber or not tlxn dae, with aay ezoess paid to Borrawer. If�orrower ahandons tl�e . .
<br /> �. Pmpeity.or das na snswer within 30 days a aotia from I.ender tl�at tbe instuana carrier 6as offerod to settle a claim.tben
<br /> L.ender m�y oollect the.insuraoec pm�xods. I�eodec may use the procoais to npair or nstate the Pcoperty or to pay sums
<br /> saatttd by.this Sawit�(L�suument.wtxxher or�wt tl�rn due.TI�a 30�ay period wiU begin when the notice is given.
<br /> Untess La�der and Bomawtr othe�wise agee in wriGtig, any appl'�ati�of procads to prinapal st�all nat extead or
<br /> postpo�the due date of the tdonthly paymeats refer�ed m in ParagraPt�s 1 and 2 or change she amount of tl�e paymrnts.ff
<br /> uMor p�rrgraph 21 the Property is acquirod by Le�er.Borrower's right to a�r ins�uance policies ard proceods�esaltiag fran►
<br /> , dam�ge w the Propeny prior to the acquisition shall pass w LeMer to tl�e exoent of tbe sums saured by this Security Insinunent -
<br /> immodiately prior to the acquisivaa. , _�---
<br /> _ f.OpaPare3'.�eservstion,Maiatenance aod Ptoteition ot tbe Propaty:Bar�o�rds Loao Appiiauloa:Leauhofds- ���_�"�'.--_°
<br /> Borrower s4att axvpy,establish,and use the Propeity as Bocrowa's priocipal nsidence within sixty days after the exxution of =_ --
<br /> this Securiry In�t and shaU caMiau to oauPY��Y as Botrower's principal nside�ae for at least one year after — _--
<br /> 'the date of oocup�.y.uNess Lender otberwise agras in writing,afiich wnsern shall not 6e unrrasonably withheld.or unless ��,�,
<br /> eatenuuing cirrnnutances exist which are beyoad Eorrpwer's control. Borrower shall noi destray.d�tnage or impzir the ��,��;�:.
<br /> P�aperty,�1bw the Pcnperty to deteriotate.ot commit waste on the Pcopetry. Sotrower shall be in default if any forfeitun , �''�°'`� y'�-_
<br /> � actian or proaadiag,whether civil or criminal,is begun that in Lender's good faith jud�ment c�nid resutt in forfeitnre of tire '.��j :=
<br /> � or atberwise materiall im r the lien created b this Security Insuumeat or I.ender's savrity interest.Bonower may � �' -
<br /> proPenY Y� Pti Y ..:<<�.�.: �
<br /> cure such a defanTt aud reit+state,as provided in paragraph 18.by causing the action or proceeding to be dismissed with a tuling �—
<br /> that, in Lcndei's good.faith detenaination, pr�c[udes forfeiruce of the Borrower's intere.st in the Property or other material =�
<br /> � ' impaim�ent of the lien¢n�tod by this Securiry Instiumera or Lender s security interest. Borrower shall also be in defauit if
<br /> Borrower.during the toan apptication procesc,gave materially false or inaccutate information or statements to I.ender(or failed �;��;,+•-F.��;
<br /> to provide Lender with any materiat infom�ation)in coru�ection with the loan evidenced by the Note.including,but�t lemited E P'�``�`'r•—
<br /> F-: ./�;1�YLi:�
<br /> to,representations concernin�r Bonower's oca�a�of the Property as a principal nsidence.lf this Securiry Instrument is on a _s::,�:._,.---_
<br /> leasehold. Borrower shall cor�?y arith a� tfte'provisio�of the lease. if Borrower acquires fee titte to the Property. the _ `�<=; ; � �-
<br /> teasehold and the fee 6de shall s�ot�erge r:s�s Lender agrees to the merger in writing. : �
<br />- 9.Protection ot Lendei's ts ia the Pro rt .If Borrower fails to rform the wvenants and ments rnntained in ' • � �j.�'�•
<br /> � Pe Y Pe a� � � � :1-
<br /> ,this Security lnsuument,or theaa is a legal proceeding c.�aat may significantly affect Lender's rights in the Propea�(such as a 4 �. •�� ;�. ,.;�;_
<br />= proceeding in bankruptcy.probate,fot condemnation or fo:r'eiture or to enforce laws or regutatio�),then Lender may do and � - ; : �
<br /> pay for whatevec is noces.gary to pmtect the value of the Property and Lender's righ�s in the Property. Lxndei s acrions may � �'
<br />- includ� any sums secured b a lien which hac narit over this Securi Instniment. appearing in court. paying � •. .. '� �' `
<br /> PaY�nB Y P� Y h' t .
<br /> reasonable aaomeys'fees and entering on the Praperty to make repairs.Althout;h Lender may take action under this paragraph � �.•,,;,,; . .'�-
<br /> 7.Lender dces not have to do so. � ����� ' �
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<br />- Any amow�ts disbutsed `i�� I.ender under tfiis paragraph 7 shall become additianal debt of Bortower secured by titis �;h�s!;�:,,:•,;�,-•-
<br />- Securi lnstrument. Ontess Sarrower and I.cnder a ee to other tcrms oP ment.these amounts shall bear interest from the `.;;�iE�;�:;;;'.:..:`
<br /> ty &r PaY . ;a,+ , �`� -
<br />- date of disbursement at the Note ratc ancC �t'r�'.1 be payable. with interest. upan notice from Lender to Borrower requesting `�i;;;, .. �
<br /> payment. ' „ ,'s,.:.;�'.•
<br /> - 8.Mortg�ge Insurat�ee.If Lender rec��::ed mort�e i�surance as a condition of�r�;;�c:^.�the toan seeured�y r,3zis Security •.._::��• -::
<br /> ' Instrument. Borrower shall pay the premiums requir�x�baaintain the mortgage ia�u-c=w;x i:►efferi. If. for anyr mason. the ���,�
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<br /> mortgage insuraru;e coveragc required by Lender lapses or,�ases to be i�effec:t,Bonawer sha'11 pay the premiums required ta � E -: , '
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<br /> obtain coverage s�stantially equivalent to tke moRgage insurance pre��ia;:sly in effect,at a cast substantially equivalent to the � � . . ;�
<br /> cost to Borrowe:of the mortgage insurar�y.eviously in effect, from an alternate moagage insurer approved hy Lender. If : ' , ._
<br /> substantiaUy equivalent mortgage insuranee caverage is not available.Borrower shall Qay,to Lender pch month a sum equal ta ' •
<br /> ane-twelfth of the yearty mort��ir.surence premium being paid by Bonower when the insurance coverage lapsed or ceased to ��� �'���� ���. �
<br /> be�n effect. Lender will acce��..�se and rerz::�these Qayments as a loss reserve in lieu of mortgage insurance. Loss reserve ��
<br /> ' Form 3028 9190 ;�:, `; ' , 5'
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