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<br /> � pcdadr thwt l.ender rcyuires�. The inxurancn c�rrier pruvfdin�thc intiuruncr ah�ll bc chu.cn by Borruwcr subJect to Lcn�rb
<br /> ppproval which rhall not bc unn�asa�ably withheld. If Burrowcr fails Iu muintuin coverugr de.+crihed ubovc,Lcndcr may,�t
<br /> — L.ender!�opticx�,ot+�win coverxge b pmtect L.enderk�ight+�in thr�rty in:+�:cnrdwxe with pa�agroph 7.
<br /> All insunuue{x�licie�und renewufx hhall bc w�cc�t�blc tu Len r uncl xhull Mrlude u+tundrrd mi�ngagc rluu�r. l.cndcr
<br /> ,,� xhrll tuive ihc rlght tu holJ ihe policies wul rei�rwal�.. If Lcixkr nyuin�,Hurniwcr.hull pnan�Kly�ivc tu l.cnikr uU recei�Hx
<br /> ��u 'y . ui'paid prcmium��uxi rcnewrl ticxiccti. In stK evcm��f lusti,H�xrowcr�hull y{ivc pron�pt n�Kirc to thc in*uruncc cwricr wxi
<br /> ; Lx�xier. L.ender mwy muke pra�f oi'loz.iF n�x mNCk pn�niptly by B�xmwrr.
<br /> . Unlrs�I.rn�k�u�xl HutYUwcr�wikrwik ugr��in wrlling, intiura�x•c pnwccJti .hull Ik u��lird to rc�tan►tiun or repuir of
<br /> ' ""'"" ..,.;.'�`' . ttw Pr��(�rrty dymugrd. if thr rc�toruti�,n �x rcpuir ix ccunumicul�y Icuzibic aixi l.cndcr� .ccurity i. n��t Ic.Kncd. !t thc =
<br /> ���'�'� rc+UN�tiiMi�x rc{wir is�xK cron�Hnicully fcuxiMc��r I.cn�kr: Kcurity w�wld l+c Ir.+�ncJ. thc inrurcuxc pnx�ceJx shull tk
<br /> ��_ .w.�s►,'��-, u�tieJ ti�the xumx �ecumd hy thi.Srcurity In.trument. wh�iher��r n�►t then due,with uny exrr,. paW tu Burrc�wer. If
<br /> •�-•�,n��;' Bo�n�wcr ut�n�k►nx thc 1'n�pcny,or dacs not iui.r•wcr within �t)day.r• u notirc fram Lcixlrr thui Ihr inauruncr cuRirr hu..
<br /> ofl'errd u�+ettle u cluim,�hen Lendcr muy coUect the in�uranrc pnxecd.. Lender muy u+e the prikecJ.t���puir cx rcstnre
<br /> '' ' .:. •; tltc F'ropeny or to pay nums securcd by thiz Sccurity Inxtrunxnt,whcther or not then duc. TiK 3ll-duy{x�ricxl will txgin when
<br /> c��. ..`�:�:. .�:.,.,
<br /> . ��� • ••��!�x the noNcc 1�givcn.
<br /> -���. . ' Unle�s Lender and Sorn�wer othcrwise ugrec in writing,uny upplication of prcx�tidti to principut xhuli not extrnJ or `
<br /> �x r„J; ..�. � • Ex�stpcxie the due dute of thc monthly payment.rcferrcd to in par.►graphti 1 und 2 0�chs►ngr the umount of the paymcnts. If
<br /> �°•�';�'��t�'_,,,; under parAgruph 21 the Pmperty is aryuired by Lrndcr, Barruwer�right to wiy insuruncc �x�licie.i�nd pnxcrdx resulting
<br /> ��� � fram damngc to thc Property priar to thc acyuisitio�shall pa+s to Lrnder to thc rxtcnt of thc sums ticrured by this Sccurity
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<br /> _ r •* Instrument immediately prior ro the acyuisition. —
<br /> -• .v ,,��:.�,. 6. UccupYncy. PreservAtion. MaiotenAece �nd Protection of the Property: Borrower's Lonn Applicatiunt �n�
<br /> " � � t.eASeholds. Borrawet shall accupy.establish,und use the Property us Borrowerz principal residence within�ixty duyx uftcr __
<br /> ��•�� ' � � the execution of this Securlry Instrumcnt und,h.dl continue to ocrupy the Pr��xrty us Horrower?�princip�d residence for ut d_.
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<br /> Ieust one ye�r after the dute af cxcupuncy, unlcss LenJer otherwi,e ugrees in writing, which consent xhull not he r:=�
<br /> ° � unrcasonably withheld,or unle�s extenunting circumstunces exi+t which urc F►eyond Boriower's r�ntrol. Borrower shull not _
<br /> dextroy,datna�e or impair the PraExrty,allow thc Pm�xrty to dctcriurute,or rommit wnste on thc Property. Borrowcr,hall ='
<br /> ° be in dcfault if uny forfciture uction o�proc:ccding,whethr�civil or criminul,ix begun that in Lcndcr's goad ti�ith judgment °``
<br /> ''' could result in forfeiture af the Property �r otherwise muterially impair the lien creuted by thiti Sccurity Instrument or ...--
<br /> ' ' Lcndcrk ticcurity intcrcst. BoROwcr may cum such a dcfuult anJ rcinstatc,us provided in purugraph l8,hy cuuzing thc u�tion
<br /> � � • � ar proceedins to bc dismissed with u ruling thut, in Lendcr�gcxxi fuith determination,precludes forfciturc of'thc B��rcowcr's '''
<br /> intercst in the Property or other materiul impuirmrm nf the lien creuted hy this Security In�trument or[.ender's security ---
<br /> �� . interest. Borrower shull ulso bc in dcfuult if Borrowcr, during thr toan :ipplication praess, guve mutcrially ful�e or ms'=
<br /> inuccurate information or stutementti w I.ender(or failed to provide Lender with any muteriul information)in ronnectian with �:
<br /> .-•...:.- the loan evidenced hy the Note, including, but not limited to, repretientations cuncerning Bormwe�'s cxcupuncy of the
<br /> Property as u principul_rctiidence. If thi.Security lnstrument iti on u leasehold,Borrower+hall comply with utt thr pmvixionz ""'�_
<br /> -_ --- `—_ -- o�ihe ieu�e. if Borruwrr aryui�c�irr iide tv ti�r PiuE�c:ily.tite ieu�huld:utS tite fe�title:hali not merge unlec�Lendct agncs •
<br /> to the mcrgcr in writing.
<br /> 7. ProtecHon oP l.ender's RiRhts in the Property. If BoROwcr fuil,to pertbnn the rovenants and agrcementti --
<br /> contained in this Securiry Inxtrument,or thrrc i. u Ieg�l prexeeding thut may tiignificuntly uffect Lender's rightx in the �� �
<br /> Property(suen us a prcxeeding in bankruptcy,probatr,for condemnation or forteiture or to enfurcc laws or regulation�).then �,
<br /> • l.endcr may do and pay for whatcvcr i�nrccszury tu protect thc v,dur of thc Pruperry und Lendcr+rightx in thc Pruprny.
<br /> Lendc�'s uctions may incluJe paying any tiume�ccurrd by a licn which hu�priurity ovrr this Securiry Instntmrnt,ap�xaring
<br /> in court, paying rca.onable uuomcy�'fces und �me�ing on the PrupeAy to mukc repsir+.Althiwgh LrnJcr muy tuke uction �
<br /> , . under thiti paragruph 7,Lendcr dcxti ni�t havc to do,o. �:
<br /> _ ' � Any amounts Jitihurticd by Lcndcr unJcr thi� paragraph 7 shull Ixcomr•rdditionid dcht��f Borrowrr tierurrd hy thi� �.s;:;
<br /> =`.;� , � Sccuriry In.trument. Unlrsz Dorruwcr and Lcndcr agrce tu oth�r tcntt�of payment,thcsc am��unts shult ikar intrrest from thr �"
<br /> - date of dixbu�ement at thc N��tc ratr imd .hull bc paynbic,with interctit,upcm notice f'rom Lcndcr to Borrow�r rryurstin�
<br />��. � • puyment. �
<br /> 8. Murt�aFc I�suruncc. IT Lcndcr rcquircd murtga�c in+ur:mcr u� i►condition of m•rking thc li►an scrurcd by thiti 6•--'
<br /> e Security Instrument. Borr��wcr ,hall pay thc prcmium.rcquired to maint.►in thc man�:►gc in+uranrr in efi'rct. If. ti�r any �':
<br /> . � reuson, thc mortgugc imuranrr rovrragc rcyuircd Ny Lcnder lap�rti or cra.cti to tx in rffect. Born,wcr shul� pay thr -.-=-
<br /> . .. . •, '' . prcmium, rcquired to obtuin rovcrug�.uh,t��ntialty cyuival�nt to thr mongagr in.ur.incc prcviously in eftect. at u ro,t -__
<br /> ° substuntially cyuivalent t�i the cnst t�� Burruwcr ��f the mungugc in,ur.►nce pmviuu�ly in eftcrt.fri�m nn alternatr mortgage ==--
<br /> . insurer upproved by Lender. If�ubstantially cyuivalent mongugr insurarnc cuveragr i,not avi�ilablr.Bonower sh:ill pay tc► m-=
<br /> Lender rach month c►tium ryual tu onr-twrlt'th of thr ycarly mongage insurunce premium txing paid by Borrowrr when the -
<br /> , . ��. inzurancc coverugr lupsed ur cei�ud to Ix in eifrrt. Lrndrr will i�rcept,u,r anJ rctain thex r;tymentti a,u 1�»�rc�rrvr in lieu �`;'
<br /> nf mort a c insuruncc. Lo,s rrservc i mcntti mu nu l�m•u Ix rc uimd,ut th�o uun uf Lrndrr, if mon���� imurancr ��-`
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<br /> - roveruge tin thc umnuni and fi�r thc�xriixl that Lcndcr rryuir��s)pruvid�d hy an in+ur�r appru�•rd by Lcnd�r again hcron�cti
<br /> �''° �� uvailablc and ix nbtained.Borrowcr xhall pay thc prcmiums rcyuind to mx�ntuin nwrtg.►gc in,ur:mcr in rffrct,or to pn,vid�n �; `�-
<br /> ' loss reserve,until the requirement for murtgagr intinrancr rnd,in uccordancr with any wriurn agrcrment Fxtwcen Borcuwer _
<br /> . ; �,. � smd Lcndcr or upplirublc luw. "-.
<br /> + 9. Inspection. Lendcr i,r it�agent may makr na,unahlc rntricti upun and im�krtium uf thc Prurerty. Lcndcr.hull
<br /> � '"° givc Borrowcr notice at thr timr of or priur to un in,Exctiun+Excifying rrasonuMc cau,c fitt thr im�xctiun. ��-�,,
<br /> � t0. Condemnation. The prexerds of an�� award nr cloim tiir Q:mv�tc..diRCt��r ran.ryuentiul.in cunncrtion With anv .
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