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<br /> periodr�hu l�endet aquira. 71M imur�no�cartier provWin�tbr imw�nor�hrll be cbose��by Ban�ow�wb w C�intMrY .
<br /> •pw����wi na��e�o�.ay w� u s�wa wu a�a��►era�e ao�nea�ow,t,e��..r
<br /> LarderS�option�a6ui1�Covet�e W prolect l.enderti�i�Ab in Nfe�rty fn�ccatd�wlth p�nsraph 7.
<br /> Ail inwtinoo policios and nnewab alul�be�ooeptrbie to �nd sh�l1 lecluda��t�rd mortY�e clwre. I.onder '
<br /> rhali hwo the�ht to hold the palicks md renawab. if L,aidcr requi�.Horrowu�lWI promplY�ive to l.a�dor dl roosipl�
<br /> of pdd premtums rnd rciawd notk�. In Ihe ovant of lou.Hamwer�hdl�ive p�wppt�w�ice w ibo wur�ncs c�erier�wl
<br /> � , l�nder. Lender m�y mdce proot ot los�it twt m�de P�P�Y b!'�Wa.
<br /> -_- .----- .__.... _: Unle.vs Lender and BorrovMer aherwlee agreei in wriling.in,wriutoe �Q 6a�pplled w rr.staratian ot rep+�i�at
<br /> �heptoperty datu�od. if!he ratoation a�ep�it ao�wmkally f ble aid 4enderA�ocwity ie not les�ncd. {f qb
<br /> �Rtotati _on w repair is not oconamicAlly fea�iblo or I.endcrl�cecurity would be leueood.�hc inwr�utce ptocoedr�h+dl be
<br /> �pplied to the�ums securcd by th1�Securiry Instrurtie�M.u�hether oo no1 tt�en due.with�ny exoea�pRid to Bamwer. If
<br /> Bonower ab�tidoro the Propeity.or does not auwer wilhin 30 daya a notice from Lender �Iw tla` inwnu�oo cartkr lus
<br /> offered to cqtle a claim,�hen Lender m�y collxt 1he in:urance proceeda. L.ender may uce Ihe proaeds to�e r or rcstote
<br /> theprope�ty or to p�y�wm�ocurod by ihiR Security lnawrt�ent,whelher or not tha�due. '11ie 30day pedod 11 beain when
<br /> tbe aatfce is glvea.
<br /> Unkss Lender nnd Borrower otl�erwlse a�nee in wdtin8,anY applicatfon of p�oceeds to principal shall not oxtend or
<br /> postpane the due dote�P Uw monthly pxyments�femed to in puagraphs 1 and 2 oc chan�e�ho wnount of the payments. lf
<br /> under para�aph 21 the Property is AcquiRd by[.ende�.Borrower�right to any insurance policies and procoeds rewlting
<br /> from dwnage to the Pr+operty prior w the acquisidon�iwll pus to Lender to the cxtent of Ihe+�um��ecured by�hfa Security
<br /> lnstrwnent lrtunediately prlor to theecquisition.
<br /> ' 6. Oocapaacy. Prsse�ttoa. MAlatea�nce pnd Prateciba ot the PropeMyi 8orrower'a I.o�tn Applkationi
<br /> Leaoeholds. Bormwer ehall accupy,establish,and uae Ihe Property as Bomowerk principal residence within aixty dayr after
<br /> - -- 1he execut�an of Ihis Security Instrument and shal!continue to occupy tha Property as Borrower�principal raidenee For at
<br /> least an� year nAer the date af occupancy, unless Lender otherwise ngrees in writing. which consent shull not be
<br /> um+easanably withheld.or unless extenuating clrcumstances exist which we beyond Borrower�conlrol. Borrower shall not
<br /> destroy,damage or impnir the Property,allow Ihe Propeny to deteriorate,or commit waste on the Property. Bortower shell
<br /> � be in default if any forFeitu�e uction or proceeding,whether civil or criminal,lc begun thnt in I.ender�s good faith judgment
<br /> could reault in forfeitwe of the Propeny or otherwise matedelly impnir the lien created by thi�Secu�ity lnsuument or
<br /> l.enderl�securiry inter+est. Bomower muy cure such a default and reinstate.as provided in�wragraph 18.by causing 1he action
<br /> or praceeding to bo dismissed with a�uling that.in Lender's good failh determins�tion.pnecludes forfeiture of the Bmrower'a
<br /> intercst in the Propnty or other mwtedal impai�ment of the Nen creuted by this Security Inswment or l.enderk securiry
<br /> interesti Bortower shali also be in default if Bormwer. dudng the loan applicatian pracess, gave materielly fulse or
<br /> -_- —, inaccurate infom�ation or swteme�t�to l.ender(ar failed to provide Lcnder wlth uny matedul information)in connectian wlth
<br /> ------=--3--�_• � d�e logn evidenced by the Note. including. but not limited to. represenu�t�ons concerning Homowerk cecupency of the
<br /> - Property as a principal rcsidence. If this Secudry Instrument is on a leasehold,Borrower shnll comply wlth all the provisions
<br /> ,,,.,,,,� of the leasc. If Bonowcr ucquirea fee tiUe to ihe PropeRy,the Icasehotd and the fee titk shaii not merge nniess Lender a�rees
<br /> -T---.�,::;���:�i�*� w[he mcrger in wri�ing.
<br /> -"-���"� 7. Protectlan of Lender's Rights in the Property. If Borrowcr fuils to perForm the covenunts and ugrcements
<br /> conmined in thiR Security Instrument,or�here is u legul prareeding that mny significAntly uffect Lander!s rights in ihe
<br /> a,'��: ' Property(such as�proceeding in bankruptcy,probate,for condemnation or forfeiture or to enforce luw�or raguledonx),then
<br /> —_—_ ____.._,:.r L.ender mny da and pay for whntever is nece4sury to protect �he vulue af the Property nnd Lender�s rights in the PropeRy.
<br /> �F� �� Lenderh actions may include puying nny sums secured by�lien which hus piiori�y over this Security lnstrument,appeuring
<br /> �ir� j����� in court,payfng reawnublc attomays'fees ond enterfng an ihe Properry to moke repain.Although I.ender may take uction
<br /> ��. .Y� under this paragmph 7,Lender dcex not hAVe to do so.
<br /> My amountx disbuned by Lendcr undcr this purngrnph 7 shall bc�:ome udJitionnl debt of Borrower secured by this
<br /> Securiry Insln�men�. Unless Borrower and Lender ugree to uther tcrms of pnyment.thexe umoun4ti shull bear intemxt from thc
<br /> date of diRbursemen� at�he Note rutc und shall be puyuble,with interest,upon notice from Lender lo Borrower requecting
<br /> � •' ""� �� � payment.
<br /> �' �' � �� 8. MoMg+�ge Insurance. I(Lender rcquired mortguge insurunce ac n condition of muking the loun secured by this
<br /> Secutity Instrument, Borrower shall pay the premiums reyuired �o muiotain�he monguge insumnce in ef(ect. If.for uny
<br /> , ` ;;;^�� reason, the martgage insurnnce rnvernge �equired by Lender lup.,es or ceu,e� to 6e in efkc�, Borrower sholl pay the
<br /> '''` premiums required to obtuin coverage sub�tuntially eyuivulent to the mongagr intiurunce previously in effec�, A1 8 COR�
<br /> � - aubstantiully equivuleat to the cost to Borrower of the mortguge insuruncc prcviou�ly in effect,from un oltemute mortgoge
<br /> ��'' insurer opproved by Lender. If xubuantiully cquivalent mortsagc insuruncc cavcmgc Is not uvuilable,Borrower shull pay to
<br /> -���,�' l.endor each month a sum eyual to one-twelf�h of the yeurly mortguge inxurance premium being puid by Borrower when the
<br /> - insurance coverage lopsed ar ceASed to be in effect. Lender wlll uccept,utie:u�d rctuin�hrtie paymemx ox a loss reserve in lieu
<br /> �°',��;��:``�',:` ' B � P Y Y R' 9 P 8 8
<br /> .._a_ of mort a e insurance. Loss reserve u mentx ma no lon u be re uired,u� the o tion of Lender,if mori a a inauroncc
<br /> �^�:."^^r.�''�� covernge(in the emount end for the perial thut Lender rcyuirex)pmvided by un insurer s►pproved by Lender ngain becomex
<br /> �;,,,��;ti�Y��'� uvuilable and is obtuined.Bomnwer shull pay the premium�rcyuired to muintnin mortgnge inxuron�e in eFfect,or to provide n
<br /> ,U�A:�-�-- loss reserve,nntil the requirement for mortgage insurnnce end�in uccordnnre with uny written agreement between Borrower
<br /> �:,F���rr - + and l.ender or applicuble luw.
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<br /> ;���,,, " 9. Inspeetlon. l.ender ar iG�ugent may malce n:asonuble entrie�upon und impec�ions of the Propeny. Lender�hall
<br /> ���;��.�r,.;�r,;, give Bomower natice at the time of or prior to an inspection specifying��eusonablc ruu.e for the inspection.
<br /> -_-_ - � lY. Coodemnptioo. The proceed.g of any Awurci or cluim for Jumugex,dirert or conreyueminl,in connection with any
<br /> _��.y.
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