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<br /> 94� 10128i
<br /> pwio��iW Lender royulrc�. 'I1�e insurer�ce carrier pmvidin�the inawance chali bc ctwaen by Borrower wbJoct to Lender9 �
<br /> eppn�vNi whkb�11 not be wueawnably withhuld. If BorroWU failr w m�intaln cover��c descdbed above,Len�kr may.�t
<br /> lwederl�oprian,dNdn cover�e ta protect L.ender's rt$hts in the Propeay in acco�dance with p�ragraph?.
<br /> • l�ll inwrmce policks u�d renew�is ahall be�cccptable to Lendcr ux!�a11 include a atandw�d morsgaQe clNwe. Lender
<br /> �hxll iu�ve the ri�ht to hold the paflcies u�d renewals. if Lcndcr requircc,Borrowcr shall prompt�y give to l.ender dl r�a:Eipt�
<br /> ot{�td promiwnr�uxl rcnew�l naices. ln the event af lass,Borrower shall give prompt notice to the iruiurmce c�utier�nd
<br /> � . [.rnder. Lxnder nwy make proof of lnas if rat made promptly by Borrower.
<br /> _ UnlcKr Lender�nd 8arrowor otherwise ugree in wdting,insuruncc proceeds shall be applied ro rrstoration or repuir uf
<br /> —��� the�rty cfrutt�Yed, if the e+rstoration or r+epair Is econamically feasible and L.enders secudty is not lessentd. If the
<br /> rc►tar�t on ar r�epwir iR nat cxonomiceliy feasibk or I.ender!s security would be lecsenai,the insurw�ce prrxYeds xludl be
<br /> applicd to thc numr xecurcd by this Socudty Instrument, whether or not then due,with any excross p�id to Bnrmwcr. If
<br /> Bwmwer�bAndona the Pn�perty.or das not answer wlthin 30 dnyx a noticc from Lendcr that the inrurance carrler twx
<br /> offercd ta ncttle a claim.then Lender may collect the ineurance ptaceeds. I.ender may usc thc procadx to rcpuir or rcstorc
<br /> �he Property or to pay cums secured by this Securiry lnetrument,whether ur not then due. The 3l�duy pe�od will be�in when
<br /> the nutice iK Riven.
<br /> Unle�►x Lendor und Bartowcr othcrwise Agrce in writing,uny npplicatlon of proceeds to principal shull not cxtend a
<br /> �wrtpone chc duc dutc of thc monthly payments roferred to in puragraphs 1 und 2 or chunge the amount of the puyment�. If
<br /> under para�ruph 21 the Praperty is acquired by Lander, Borrower� right to any insurance policies end proceeda rewtting
<br /> from damagc ta thc Prapcny prlur ta thc acquisitian shnll pass to Lender to the extent of the sums securcd by thix Security
<br /> Inat►ument immediutely priur to the ncquisition.
<br /> 6, tkcupnncy� PreRervat(on, MaintenAnce and Protectlon of the Property; Borrower's l.oan Applkatloa=
<br /> __ l.eueholdw Borrawer shall cecupy.estnblish,and use:the Property as Bocrower:s principul residence wtthin sixty days ufter
<br /> thc execution af this Security lnstrument and shall contlnue to occupy the Property as BorrowerS principal residence for et
<br /> Ievs� one yeur uftcr the dutc of occupancy, unless Lender otherwlse agrees !n writing, which consent shull not be
<br /> unrcacnnubly withhrlJ,or unletiz extenueting circumstances exist which are beyond Borrower's control. Borrower shull not
<br /> dexiroy,dumuge or impair the Propeny,utlow the Piroperty to deteriorute,ar commit waste on ttte Property. Borrower shall
<br /> he in defuult tf uny farfciture actinn ar pracceding, whether�ivil ar criminal.is begun that in Lendcr's gaod futth judgment
<br /> , , could result in furfciture af the Proprrty �� otherwisc mAtcrially impair the lien creuted by this Security Instrumrnt or
<br /> ��"�'� �������`'• `^ Lcndcr's xccurUy intcrest. Borrowcr muy cure xuch a default nnd reinstate,us provided in puragruph IR,by cuusing the action
<br /> or pmcccding to t�c dirmi�K:d with u ruling thut,in l.ender:s good faith determination.prccludes forfeiture of the Borrower4
<br /> �� " �+;,�c�.�;�r��- intcre+t in thc Propeny or othcr muterial impuirment of the lien creAted by this Security Instrument or Lcndcr� xccuriry
<br /> `�;;;.. „�.„.;:�''�.� . intcrcxt. Barrowcr xhull uhn txx i� dcfuult if Borrower, during the loan applicntion process, guve materiully falsc ur
<br /> t��'�` inuccurute infnrmutinn i�r�wtemrntti ta L.ender(or fuiled to pravide L.ender wlth any material infortnntion)in connection with
<br /> . _ . Y.vy�., . '.
<br /> ' ��::A.;.:u,�.+a-'.�L�•�.
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<br /> ..�t' the loun evidenced hy the N�xr, inrluding, but nat limited to, rapresentations concerning Borrower i occupunry of the
<br /> ;:xw°�." �,.•, ';�' Pra{xrty uz u principul rc+idencr. If this Security Instn�ment is on n leaxehold,Borrower shall comply with ull the provision�
<br /> _ • �i ii�iru.r. If$unowrr xyui�r�frr iiilr ti�ilk Ptv��iy,illd ICa��IIuW Ntiil({iZ f�d tlild��iNII il�i iiitibt Uill�tia LZii�i fi�i22i
<br />: • • � � , to thc mcr�zcr in writing.
<br /> . 7. !'rotectton of I.ender's Riuhts in thr Property. If Borrower fuils to perform the cuvenants und ugrc�:ments
<br /> ,, contuinrd in thi+ Srcurity In.trumrnt, or theR is a Iegal prcxeeJing thut muy tiignifirantly affect Lrnder's rights in the
<br /> Property I�uch us u pnxeedin�in hankruptcy,pruhatr,for condemnution or forfeiture or to enforcr luws or regulations),then
<br /> Lender muy do�nd puy for whiUrv�r i.ncrr+.ury to protert the v,Qur of the Property und Lender's rights in the Prop�:rty.
<br /> ' Lcndcr's urtion.muy includr paying uny,wn.zrcu�cd by u licn which hus priority ovcr this Security Instrument,uppcuring
<br /> . in cautt,puying rcuxonuhlc uuorncy�'f'rrti imd rnicrin�on thc Properly to muke repuin. AlthouFh Lendrr mny tnkr;�rtion �
<br /> . undcr this paragruph 7.L.cndrr d�x,nut huvc tu d�i�o.
<br /> ,,, • , Any umounts di+hur+cil My Lcndcr uiidcr thi� para�:rupli 7 zhull hcromc udditionul dcbt c,f Borrowcr .ecurcd hy thi.
<br /> '. � Security lnxtrument. Unlc�.Horruwrr and I.rnilrr sigree tu other tcrmti nt puyment,1he�c.imounts.hall t�car intcretit f�om thc '---
<br /> :� date ot'Jisburseument ut the Note rut�und .h:dl tx p�rynhlr,with int�rc.t,upcm notire frc�m Lendcr to Borrower reyue+ting —_
<br /> puymcnt. �.,.,..
<br /> 8. Mortgage Insurunce. II'l.cndrr rcyuircd murtgugr intiuruncr a.a cunditicm�if mnking thc loan secured by this �-t<<�
<br /> ' , � Security In.trumrnt. Bonower�hall pay the pretnittm.r�quired to muintain thc mortguge inxurunce in rffect. If, for .u�} —"
<br /> rca,on. thc mongagc inwriuirr cuvrr:�gr rryuircd My [.rndrr lap,c, or ccuscti to ix in etCect. Borrawcr shull puy thc �1:
<br /> - ' premiumx r�quired to ohluiu covcra�:r �uh�tanlially cyuivulcnt tu [hr nturtgugc insuratt�c pruviously in cffcrL at :1 Cost " '__
<br /> subtituntiulty equivul�nt tu thc r�+.t tu Finrn���cr ul Ih�mortgugr imur:mcc previou+ly in effect. fr�+m an ahcmatc mongagc �
<br />• „ insurcr appmvcd hy Lrndrr. If,uh.tsmtially ryuivulrnt nwn�aigr in,uranrr rovrrngc i.rn�t m�iilahlc�.Barr��wcr�hull pay to __
<br /> Lcnder cach month a,um ryu;il to�►nr-taelllh nl thr ye��rly mi,rtga�c in�ur:mcr premium Ixing paid by Borrower when the ��-_
<br /> insurunrc rovcragc lup,cd ur era,ed tu Ix�in rl Irrt. I.rnder���ill arccpt.u�r and rcG�in thc�r paymrnt�ati a loti,n.crvr in liru �_-
<br /> .u,;-
<br /> of mortgagc imuri►nrc. Lu.�rr.rr�r paytnrnh nm� n�� I„ng�r tx nyuircd,ut Ihr�,ption of Lrnder.it'murtgagc imuaunc
<br /> covcragc(in thc umuun�and liu•tlx �kri�xl tlr�t 1 rn�lrr �«�uirr�►pr��vidret hy :m intiurrr appruvcd by[.rndrr aguin tkrotn« �:`'.
<br /> � " uvailuble anJ i.uhtuinr�l,Nurruwrr.h;dl�r.�� tl�r pr.•mium.re��uired tci nu�intaim m�rtgaEr imur:incr in eftcct.i,r to pruvidr a
<br /> lo�,resrrvr.until thr rcyuir�mrnt lur m��rt�:;�����n.ur;inrr rnd.m nrr�ttd+tncr with+�ny wrinen ugreetnent txtwecn BuROwer
<br /> und Lrndcr ur applicablc la��•. �
<br /> • 9. Inspt�ction. l.rndrr ur it,.i�rnt in;�� mal��•i.•:i,�m;�hlr entrir,upun :u�d in,pertiun.ut'thr Pr��perty. Lrndrr�h:+ll
<br />, ' givc Borro�srr notirr at thr tirnr��f ur�,ri�n tu an ro.�x•,n��n.�k��tymg rc;i.�,naMlr r:ui�c li�r thc insExrtion. ��
<br />, � 10. Condemnation. 'fhr�,r�xcrd.„1:�m a«.u�l�n rLum I��r d:ima�r,.�lirrrt ur run,eNucnii:Q.in runnrcti�>n N•nh any� �
<br /> . SmFk I.wul� Fannlr Nur t�•eddN��fae 1�ItI1N�11\5'fltl'\1F.X'f..l'nil��mi<'���.nant. 4i4(1 ��tirer t,��apie�•�i r
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