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<br /> sa�n
<br /> -- periods thxt Lendar�eyuiros. 'ihe insur�u�ce curiar provl�tng the fnwr�noe�hall be cl�aen by Borcuwec wbject w Lendati
<br /> approv�l which st�nll not be un�+easanably withheld. If Barower fAila to maint�in coveage deecdb�d above.Lender may.u
<br /> I.u�derk option,obWn cover��e to prutect Lender�ti�hts!n the Property in accondance with puagn�ph 7.
<br /> All fnsurance policies and renewals shull be acceptabie to I.ender uid stu11 include a standud mortgage slause. Lender
<br /> :hall hRVe the right to hold the polieies md renewals. If Lender roqulr+e�,Bortower th�ll promptly�tve to Lender all roceipu
<br /> of paid premiums and rcnewal natkes. In the event of loss, Borrower xhall�ive prompt notice to the inaurance carrier�nd
<br /> ` Lender. l.crxkr may m:+kc pruuf ut luse if�wt m•rdc promptly by Bdrrowc:.
<br /> � Unler.s Lendar rnd Barrower cxttienvise agroe in writin�.insurAnc:e pmreeds shrll be�pplied to ceato�tlon or rcpair of
<br /> �'• - the Propeny dun�ged. if the rc�►taation or rcpKir ia cranomicNlly feosible und l.cnderk secudty is nw lessened. If �he
<br /> • rcstorAtion or rcpair ix �xN eccx�anicully fca.vible or Lcnderk xecurlty wnuld be Icr�ened.the insutwnce proceeds shatt be
<br /> _____-4,.�� applied to thc cumx ticrurcd by thix 5ocurity In�;trument,whe�hcr or not thcn due,with any excer+s paid ta Botrower. !f
<br /> =-° Bortower Abandonx thc P�aperty.or doey nnt wnxwer wllhin 3A day�► a nake from l.ender thrt the inxurancc carrlcr lux
<br /> =`=��'"''�='� offcrcd ro�ettic u rlaim,thcn l.crukr may c�llect the inxur�nce pnxceda. Lcnder may usc the procecds to r�cpuir or rcstorc
<br /> '° _-�_�—L-=;_� the Property ur to pay xunis recurral by thix 5ecurity lnrtruu�nt,wiuth�r or not ihrn due. The 30�d�y period will begin whca
<br /> �,�,„Y�,,�,� the notice i�glven.
<br /> ��,,, ,=,1_,,.�,..,.: ,.,_ . ,_. , Uniess Lender und Horrower otherwise u�rca in writing,uoy upplic�ticx�af proceeds to principal shall not extend or
<br /> ����*' ..�a;,�: postpone the due dutc of thc monthly paymentx refermd to in parusrrphs 1 and 2 ar change the umount of the payments. !f
<br /> � r�� under 21 thc Pro rt ls nc uired b Lcnder,Borrower5 ri ht to an insurance licies and roceeds resultin
<br /> :u P�S� P� Y 4 Y E Y 1� P S
<br /> ___=.ut-�_�•_..=:L...� from damage to the Property pdor ro tFrc acquisition shull pass to l.ender ta the extent of tbe sums securcd by this Secudty
<br /> - � -� "� Insaument immedi�tely prior to thc acquisition.
<br /> ' � '��.'�'. ?::. „ . 6. Occupwncy� Preservation. M�intenance And Protection ot the Property; Borrower's Loan Application;
<br /> � .`T� ;:•.'•.�..:`T� l.easebolds. Borrower shull accupy,estublish,und use the Property ati BocrowerF princlpal residence within sixty dayK after
<br /> � � • -=`' the execution of this Security Instrument and shall continu�to occupy the Propeny us Borrower's pdncjpal residence for st
<br /> � �, ` least one year ufter the date of accup:�ncy, unless Lender othenvfse �gre�es in writing, which consent �hall not be
<br /> unrensonably withheld.or unless eztenuating circumstances exist which ure beyond Borrower s control. Borrower shall not
<br /> � ;r�._,;�••.•.,��:.�� destroy,damage or impair the Property,al low the Property to deteriorate,or commit waste on the Property. Borcower shall
<br /> � 1 � be ln default if any forfeiture uction or proceeding,whether civil or crimtnal,is begun that in Lender's gaod faith judgment �
<br /> ` ' could result in forfeiture of the Property or otherwise materially impair the lien created by this Security lnstrument or
<br /> . . . ' ' Lender+security interest. Borrower muy cure xuch u dcfault and reinstate,as provided in parngrnph 18,by causing the act[on
<br /> , , . , or proceeding to be dismissed with u ruling that,in Lender!c good fuith determinntion.precludes forfeiture of the Borrower's
<br /> intercst in the Property or other material impairment of the lien created by this Security Instrument or Lender's security --
<br /> intcrest. Borrower shall also be in defuult if Borrower, during the loun application procesti, gave materially false or
<br /> Inuccurate infortnntion or stutements to Lender(or failed to provide Lender with uny materiul informAtion)in connection with
<br /> - - -== ---�— --- ihr ��An ('V}(IPnCP(+ F1�I �hP N�tP, in�ludi»o, hut nnt limited tq repr�sendrtiom concerninn Aorrower� occuQuncy of the
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<br /> Property us A principal residence. If thiti Securiry instrument iti on u Ieusehold,Borrawer shull comply with all the provisions _
<br /> of the lease. If Borrowcr acyuires fcc title to thc Property,the leASehold and the fee title shaq not mergc unlesg Lender agrees
<br /> ta thc mergcr in writing.
<br /> � 7. ProtecHon of I.ender•s Ri�;hGs in the Property. If Borrowcr failx co perform thc covenantx and agrcementti
<br /> contuined in this Security Instrument,or there is u Iegal prcxeeJing that muy ,ignificantly affect Lenderk rightx in the —
<br /> Property(such as u proceeding in bankNptcy,probate.ti�r condemnutiun or farteiturc or to enforce luws or regulationx),then —�-
<br /> Lender may do and pay for whutevcr is nccc,sary to protect thr vuluc of the Property und Lcnder's rlghts in the Property. _.
<br /> • Lender�actions ms�y include puying uny�um�srrured by u lirn which huz priority over thi+Security Intinument,appeuring __
<br /> - in coun, paying rcasonuble attomcy,'f'ccti und cntrring on the Property tc� muke rcpuirs. Although Lender rnuy tuke uction �_�
<br /> �• under this paragraph 7,Lender dces not have to do xc►. �_
<br /> Any umounts disbuned by LenJrr under this para�raph 7 shall lxamx udditional debt of Borrower xecured by this �•
<br /> ��' Sccuriry Instrument. Unles,Borcuwcr and Lrndrr s�gnr to other trnn, c�f pirymcnt,thcsc umounts tihull hc�ur intcrcst from the ---
<br /> .�`� dutc of disbur.tiemcnt ut the N�ite r•rtr and shull lx paynblr, with intcrr�t, upon notice fmm Lender ro Borrower reyuesting �-'
<br /> puyment. �.::•
<br /> , 8. Mort�a�e Insurance. If 1..rnJrr requircd numgagr in,uruncr a�a cundition of'muking thc loan sccurcd by this �:-
<br /> Securiry Instrument.Borrower�hall pay thr prcmimns rcyuired to maintain thr mi�ng•rgr in�ur:mce in rffect. It, for uny l�i�
<br /> reation, the mortgt�ge insuranre rovrragr rcyuimd hy l.rnder laput ar ceau+ to fx in effect, Borrowcr shall pay thc
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<br /> , prcmiums rcyuircd to obtain covcragr tiub.tantially ryuivulrnt to �h� monEag� in�urunrr previously in rffcct, ut a co�t
<br /> xubstantially ryuivalcnt to the r��,t to Burrowrr nT thr nuMgagr in,uranrc pr�viau.ly in r!'tcc:t.frum an alt�mate mortgage
<br /> insurcr u rovcJ h l.enJcr. If wh�tantiall c uivalcnt mort�a�c in+uran�:�cuvrra�r i.not avuil•rble.Burrower shull a lo �T�
<br /> PP Y Y 4 t- b b P'y �_,:
<br /> � Lrndrr each munth a sum ryual tu une-twrlfth of tne ycurly nwngugc imur:mre prcmium fxin�paid by Barrower when the --
<br /> inzurance coverugc lupxed or ceased tu Ix in effect. I.rndrr will accept,u�e and mtain thrtir paymrntx ar a lo�ti resrrvr in lieu
<br /> of mortgug�in+uratxr. Lotii reservr payrnent.mi�y no longrr tx r�yuireJ,at the option o1'Lendrr,if mnrtgage intiuruncc
<br /> r�weragr(in the umount anJ ti�r tlx�xriod th.n l.rndrr rrquirr+l providrJ hy an in,urrr approved hy Lender uguin txcometi
<br /> uvailablc and i�obtained.Bc�rrowrr.hull pay thc prcmiwm rcyuired tn maintain mongagr insur:mce in rTfrct.or to providr a
<br /> loss rcscrvc,until thc rrquiremcnt ti�r nx�rtgagc in�urancr rnd+in uccc�rdancc u•ith any writtcn ugrcrmcnt Ixtwccn Borrowcr
<br /> and Lender ur applicublr law.
<br /> ':'� 9. Inspectiun. Lcndrr ur it�agrnt m:ry mal.r rca�unablr cntrir�u�iun:md i�»Exctium uf thr Pro�xrty. Lendrr yhall
<br /> givr Borrrw�r n��ticc at thr timc cif or pri��r tu an im�xrti��n.�xrit'ying r�a,unahl��•au.r tiir th�in,�xrti��n. •
<br /> � 10. Condemnution. Thr pr�xcrd,��f any a�+ard<�r rlaim fur d:�rna�r..direct ur ronxyurntial.in runnrrtion a�ith •rny ;
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