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<br /> . s. �A!�!l��I�'a■OG 80[ldN�!� �1�IC �QIOfFE�i O�IY E7Il�IOt tlf �![OCIOd OQ 1�IC r.
<br /> �IC�Ef[SI IaW[L'���O�t bjl f![�,�tdS IOC�11a0a 1M'11�1IA�t�fC 1u11��Q7[tCO�Od CbYl�7����j/OtbG!'hi�f.�
<br /> fl00d5 O�fl00�111�.fOP WhIC�1�CII�Q I�iE&ILLSY[�OC.�Ili�11WtT�110E 5���!C QM�Iri1�lil t�iG tllWlll�i�fGf f�IG� <
<br /> � tipt I.ender nquins:The it�rance car�er�pruviding thc insurynce siu�ti be chasqn by Borrower subject to i�ender's�p�ovil ` `
<br /> whic6 sl�11 not be uncrsson�bly,witi�beld: If Bom�wer faiis W imi�lai6 covecaEe descriQet!abtivt; I.tfider a�y. at I�kr'a
<br /> optio0.obtaia oovernge to ptotcct i.endeYs rights in the Prope�ty ut acoard�noe�vitn p�ngt�ph T. . � . . .
<br /> . AU insivance policies and nenewais s6�U be xaptabk to Lender md si�li inslude s sta�rti_mxtgage cla�se. I.eader
<br /> � � sh�Ii baKe the rigM eo 6old dre policies and:enewals.If I�nder raquires.Hotrower s�Wt prom�++ttY give w I.eodcr•�11 receipt�of • .
<br /> ''- pa�d Pmmu�and ie�w�i naticts.ia ftr eveot of loss.`Hottawa StWf givC prom�t Aotl/x t0 tllt i�ur�t�'riCr and i.enda: -� .
<br /> � I.eader msy m�te pcoof of loss if oot m�de promptly h}i Borrowa. . � , .
<br /> __.---_ UnTess Lrnder aad Borrowa atT�enrise tgrct in writing.it�ucaare ptocads sb�all.be applied to�on orrsgair oE the _ � __.---
<br /> �Y dam�ai,if tLe t�uaation ur tepair is eaommicalty fe�'bte�od i�er�der's sxurity is not lesxned.If the nsto�atiaa c+r :
<br /> repair is not eo4nomic�llY faw'bk ar Is�ndec's sacuriry�rrould 6e k.s�eaed.tse'i�noce'p�ucbeds s6�li Ue�ppikd to.tbe sums
<br /> . sav�ed bp tLis Sa:urit��.w�hettjer or not the��dae.witti iny excess paed ta Borrower.If Horrower ab�u�OS.the ,
<br /> Pioper�y.or does nat aaswer witLin 30�iys a aotice from I.eoder t�t tbe�ao�casrkr tWts offered to'seule a cl�im,then �
<br /> Leider may c�ol[�oct d�e iasarmce piocoods. I�ender mry use the prooe�ds to repair or restone[tie Propecry or w pay swas '
<br /> sxu�ed by this Secnrity In�am�nt,whetl�er or not thtn dne.The 30-day period will begin wTsen the aotia is givep. ,
<br /> Udas Iender and Bomuwer otherwise agroe in writing, anY �PPlicatiou of proceods to pri�ipal sh�Il not exteud or
<br /> postpone the due date of tlie momhly payments refemed to in paragc�plts 1 aid 2 or ctu�nge the aawutit of the paymee�ts�ff
<br /> under p�r�gr�ph 21 the Pcopeity is acquired by I,er�der.Bonower's cigbt to auy insurance potici�t�nd prvaeds nsutting from
<br /> dupige w tbe Pt�o�eYiy prior W ttie acquisition s[r�U pus ta Lender to 1de e,�tmt of rlie sumc securad by'this,Security Inmuaxnt
<br /> ir�nediatety pcior w et�eacquisition. �
<br /> � 6•OoaiPieey,Prae�Jon,Msfintemnoe aed Prataction aftbe Propaty;Boriuwa's I.oau Appiicatlon►I.�e�olds.
<br /> Bortnviia sh�il occupy.establish.9od use tLe Prope�ty as Borrower's priaeipal residrnce within sixty days after tUe exaution of ,
<br /> � tltis Security Imtruma�t and shal}conti�e to aa;apy ttte Prupe�ty as Bornoarer's princfpal resideiwe for at least one year aftcr
<br /> `f ::'. the dau of oocup�ncy,wdess Leader otherwise agaees in writing,w63ch consent s6aU not 6e unreasonably withhetd,or unless .
<br /> •' exteuuating circumstarioes e�st whicfi ane beyon��orrower's control. Bormwer shall nat destmy, damage or impair the
<br /> Property, allow the Property to deteriarate.or oommit waste on thc Property. Borrower shall be ia defauIt if any forfeiwre
<br /> xtion or proceeding,.whether civil or crlminal,is begun that in Lender's good faith judgmeut could result in fotfeitune of the � �
<br /> Proporty or olherwise idaterially impaic:i6e liea c�eated by this Secariry Iactcument or LendePs security iatenest.Barmwer may
<br /> wre such a defayit and ninstate,as pmvided in pa�agaph 18,by causing the ac¢io�or piocealing to bc dismissed with a rating _
<br /> ---— .tt�at, in L�ender's good•faith detertnination, prectuQes forfeimre af the Bonoa�a'��nttrest in the Property or other material
<br /> -'---=.---� _- {mpairm�eat uf tEjc lieu created 8y ttiis,Se�:r.ty-tns:r.sr.w.ni or.f�der•s secatitq.inteccs:.Bbrracvec st�tt alsu{�e in defastt if �—: .,--.--.-
<br /> Barrower.during the toan application�acess,gave materiaUy fae�or inaa:vrate iufomtation or statemetus�o�Lec�der(ar failod
<br /> — _ to provide Lender with eny materia!�oE'e�nation)in conneccion with the loan evidenced by the Note,incIi�g,but not timited
<br /> ��� A to.apresenta6ong oonceming Borroaer's occupaney of the Property as a principal residence.Tf this Secu�a,y�tnstrument is on�a . --
<br /> ----•-- � teasebold. Borrower shatl camply whh afl the�risians of the tease. If Borrower acqaiies fee titie,¢�s:ihe Prc�perty. the =
<br /> �;����� leasehold and the fee title shall not merge unless i.ender agrees to the merger in writing. ' . • __- _
<br /> � w,,�r.� , �.-_�_
<br /> , ��_�L 7.ptnt�ction o[I.ender s,Rip,�ts in ihe Property.If Bormwer faiis to perform the covenants and agreem�nu contained in !,,,4_:,
<br /> _ '"Y'�:: •:
<br /> ;, �' �'� this Se�rcty Instrument,or therc is a legal proceeding that may significantly affect Lender's rights in the Properry (such as a �- � .�
<br /> '`rti:�t:•��;�{� • ':�'��•�=��
<br /> :�+��� proceediag in Dankruptcy,probate.for candemnation or forfeiture or to enfo�e laws or regutations). then I.ender may do a�xl -f.n:..
<br /> _.�:•,.
<br /> ':r; " s"•� pay for whatever is n�ssary to protect the value of the Praperty and I,ender's rights in the Property.Lender s.xtions may � _;���
<br /> _ include paying any sums se�vred by a lien which has prlority over this Security Instrument, appearing in oourt. paying ��'`=�-_
<br /> `''=���`- reasonabte attomeys'fces and entering on the Property to make repairs.Although Lendet may take sction under this paragraph ���'�_-�`-`
<br /> � !"' ''::;��=� 7.Lender daes not have to do so. • w{•-,Y`--
<br /> �
<br /> � ',��'� My amounts disbursed by I.ender under this paragraph T shal! become additional d�bt of Borrower secured tsy rcis -�r� ,�
<br /> h.j,r�y, i r . ' —
<br /> -=��'''`.1.'�' "� s.�� Security Instrument. Unless,Borrawer and l.endcr�^r.,e to other terms of pay�rent.these amounts shalt bear interest from ihe � —
<br /> �-}•�-=. • � ••... .
<br /> � �" date of dis6ursement at the Note rate c�nd shall be payable, with ir�terest. upon notice frnm ixnder to$orrower requesting `��,:='�'�-:—
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<br /> -='���-'`� ^ 8.Mortgage L�uraeoe.If t.ender rcquired mortgage ins�.,,�as a mndition of making the loan secure�by this Se�.trity ':�;;r��
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<br /> _.µ,1�,3i�.�,,r, Instrument. Borrower shall pay the premiums required to mainraEn the mortgage insurance in effect. lf. for any reas��r, the �'�,,�
<br /> =�•�us��^:'.� mortgage insurance coverage required by l.errder lapses or ceases to be in eEfc�, Bonower shaU pay the premiums required to �.
<br /> '"_{LiZll!:i�• , ,
<br /> ,�:�';:;'"_.; obtain coverage substantiafly equivalent to the murtgage insurance previousIy in effect,at a coqt substantially equivalent to the •
<br /> �;��;i{��.;�, � , cost to BQrrower of the mortgage insurance previousty in effect, from an altemate mortgage insunr approved by Leader. If . • • �
<br /> �+ '�,"? substant�at� nivafent mort a e insurance cavera e is not avai[;��C�:,8orrower shall a to Lender each inonth a sum al to
<br /> '.i:;•'+ti",�;.';-':'.. Y e9 8 S S P Y � �.�-:-_' .:-
<br /> ���'`_:�,?'L`�1':. otre-twc�ftFt of the yearly mortgage insurance premium beln�p:►id Uy Borrower when the insurance coverage lapsed or ceased to ' ' `�
<br /> �'`����'�� be in effect.Lender will accept,use and retain these payments ac a loss reserve in lieu of mortgage insu.r.;nce. Loss reserve f�.� • , �
<br /> -- .. Fam 3028 9/90 � . �
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