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<br /> .. S.N�ud or Peoperty In�waaco.Borrawrat at�11 keep the ienprnvemrnte noW�tati on c�n�iter areated on
<br /> " � the Pt+operty Ineu�ed�inst laes b�ti%lu�rde inaluded Mithiaa the teim"e:teaded aover�e�and+s,�►otber�u�ud�. �°�.f,"`. _
<br /> .. iaaludia�tlaodo or iloodin�,�or NhtrJi Lander requtne Inaurince.Tl�te tnauraeu;e sh�ll be maiat�ined ia the amounts cr �, K ;��'�—_—
<br /> --,--„ � and for the perla@a�tt�t L�,1dc�c��-utc�.Thz��u�aieee e�xr �tlr�Is�s+lra�e e1�11»e+�s by Bas:+eerer �':,_�, .L.W
<br /> :,;c���, .� e�abject to L.ender'8 ap�rovsl wWoh sh�ll nat be unar�oa�E�1y�vlt4ihel��d It�armoNar iaile to mdntain coveva�e deaedbcd �,',;x��'`"'i � ��
<br /> . „ , :. �bove.Leader m�y.at I.esider'e op�ton,obt�ia oovera�e to prot�ct I.ender's rt�lh�in tt�o Proporty Ia aceo:dsrae v�►Ith .�,���1=:°-�
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<br /> � ; ' P�'+�PbL�suranae poltctas and roae�v�ls stuli be aa�xptable to I.ender md eha11 inaluda a s�r�dte+�mc�tp�e elauea. .• , ,.-:.--y=`
<br /> aa x�
<br /> L e u d e r e h s l l l u v e t h e r i�ht to hold the p o�ialas aad nae�ala u Leader Borroxer eb�lt ptomptly�ive�w . „ �,' :..�.=-`
<br /> � � � Pt'� Pt :•�:,n:;,-.,�_._.
<br /> �. � Lender aU rexipta of petd prerniums aad reuewal notteae.Ia tbo eveat of loea, rroRer e2u11 ve m ao t toe to t h e � '--�=".
<br /> _ -°-- insurar�oe aw_rr�er en�L�encler.I.,ortA�r may reake prnof oi laee tf aot made ps+cmptly bq Horronret. � �- .�r,,+�_
<br /> ' Unleea Lender aad Bosrower othetwiae agroe ia wrlda�,Insursneo stiall be a ied to restorattoa►or t�_�ie ' �-
<br /> � � of the Pe�oparty d�ma�ecl,ii the n�ooratdoa or repair ia eooaomtcaUy feasIb�I a�nd Lnader's e�eaurlty�e aot leeeenal.IQ the �: �, - '� � - _
<br /> restoratian or repoir ia�aat a�nomir�lly f�ible ar I�euder's eecur�tq�auld be la�od,the iasur�aoe preoeeds st�all be ��'` `�'.
<br /> a
<br /> •�pplied to the sums secnw�d by th3s&curIty Iastrument�Whether or aot tbea dae,wIth any aacoees pai��8orroxcr.U �� ; ,
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<br /> , BomnNar abindons the�.�rt�oes aot anawer aithia 30 days a notia tro�Lender ttu�t the i cerriet 1ua
<br /> �, � offer�ed w settlo a cld�,3Dexa 11�n�a s+nay ooltect the iam�ranoe procroe�.II�eder may uee the jn+000eda to e+�p�ir or ,. _
<br /> r�stora tIlore�pertf►or to pay sanr�e�a�an�+od by this 3acudty Ineitrument.w�Ellaxr ma m�s tkten due.The 30-day pert�a�IED i� � •� , �
<br /> begt�n�b�a Rha�oe is�Iven. � � a
<br /> ,'. ,.., �;,.;;� �1n8�Lestdar aad$ormarer�4�cviae a�e iqn wdtiasg,�'a�l'IIcat3�mm o4 topriacipat shelt aot ea�.�rdlat , �_,,;��,`�"�;,�..T
<br /> . �c�tp�n ne the due date oi the moathlY ya+�+mea�r,a e+a4mtred tm in�ageag�lw Il aci� or chu�ge the unouat oi the pa� �::y .j3;r;.�.;�
<br /> . . lf wederp�ag�aph 21 t�a Prnperty is aequdrr� by Ltader. lBoarower's rdght w any iasuranoe policies and Fnmo�eds :::.� �` . :. ._�;,,s-1-:'
<br /> � fie` �i'_'
<br /> result�from datnage to the Pmpertp prior t�4ha aoquisitioan s�aall pase w Lereder to the emnt of the sums�by► , __-__ _:
<br /> � ��� thia Szc�ea��r Inswment immedietr�0y p�or w the acqu�mt�on. �,:;�;�'�"
<br /> ,' ;. fn.�upsacy.Preaervatiaa,A4aiateaam�ce and Protee�t�on oi the Propertyt�0rrower's Loaa Ap l�cafta�n: f . . >c�:,,����;'�-
<br /> '..�-.��:„.. � � ..rJ1Z�Y:?�a;tt--'
<br /> "�;';:' I.easeD�ml�s.Bore+nwer ehe11 oc�cupp.establ�eh.s�t�se the Pi+operty as Bon+mwer's primxtpel restdence wit}iiu slrty dsps 1,. 1 :"��:�_
<br /> effter the execudoa o4 t�is SecwIty Iustrumens gn� shall ooaUnue to�+opy ti►�Froperty as Borrower"s princip�Il ':"- ��`�� �:-
<br /> g�ancy�unlesa Lender etDn�r�isc e in writi which oonseni ahalIl ,''"'�• �,`.:�
<br /> ' nesidenca for at leest one yeat after the dute of��e �8 AB. ;,�,� .,
<br /> not be t�+�snaably withheld,ot unless erte�unting circunns�awts exist wbiah are b�D�Bonowet's control.B�aor °' ��"�=�'
<br /> slul!ao4 d�estroy�damnge or impair the Praperty.ailoa tQro��oeKy to deteriorate,�aa ro�mrnit waste on tho Ft�g�rty. � .•;� �
<br /> � Borrowea��c11a11 be ia defaWt if any forteiture aation or prmaeadim�g,whather civil or ctirn�aal. is begoa tUat in Iander's ---
<br /> good iaith judgment oould result ia farfeiture ot tha Property or otherwiee materislly impsir the lien enated by this t �, .. `
<br /> � ritY Instrumtsnt or Lender's eecurity interese. Horrower may cute sucb a defaWt aad reinstate, as providod ia . �� ":
<br /> p�ragra�h 18. bys catming the actiaa or proces�ing to be disntissed with a rutin� thet, ia Lender's g�d faiil�a �-- �`"�
<br /> `��".;� detetrmnetion,procludea iorteiture of the Borrower's intere�R ia�the Pt+op..,-tty or other�rnnatatIal impaictnent o4 tihe lien , �
<br /> :�,;,:' crea4ed by this SecurIty Instrument or Lender's secority inteme,.*�.Borrower shell elso�in default if Bomower,�ia�ring �. , .�
<br /> � tha loan application process. �ave materielly falsa or inaocaera8e iniormation or stat,�ments to I.ender (or fa8U�c1 to �„ '.`;�;�
<br /> provide Lender with aay materiel iaformation�iaa connection with the Iceaa�evidenaed by the Note.including,bea2 not l. . � �
<br /> '' �ianited to. tePtesentntiona ooncerning Horrow¢r's occupancy oi the Pro�scg as a principal reaidenoe.If ttua Sectnritq ii �.��
<br /> � irnstrument is on n leasehold,Borrower shall corr�ply with all the provieiords oi:the lease.Ii Botrower aoquirea fee titl¢t� ' �•�?`:�;� �
<br /> the Property,the leasehold and the fee title shall nnt metge wn��sa Lender agroes to the mnerger in writing. � " ��•� �
<br /> 9.II°a�otectioa of Leader's Aights i0 the Propertq.IQ B�rrower fails to perforew the vovenants and agceemz¢nts ' �
<br /> amntained in this Security Instrument,ot there is��x�a1 proc4eding that may eigniticantly atfact Lv�tdet's tighta im IIh� � , .
<br /> �ropertq (such as a gnro��eading in bankrupazu, �robate, ior vondemnation or forfeiture or � enforae laws or
<br /> � regulations).thea Lend�r may do snd pay for whatever is nece�ary to.protect the value ot the Pr�y and Len�er's '•
<br /> ' rights ia the Property.Lender's actions may inclvde paying any sums secw�ed by a lien ahich has priority ovsr 3his ;' ;�;J`
<br /> Security Instrument,appearin�in�co�an,paying reasonable a¢�t�orneys'tees and entering��the Property to maka m��irs. ''
<br /> Although Lender may take acuon�tnc�der this P�&'8Ph 7,Lender does not have to do s�. �!°� ..
<br /> Any amounts disb�ssed by Lemder under this paragraph 7 shall becorrne a��itiomal debt oi Borrower eecured by tiiis _
<br /> Security Insttumettt.L�m4ess�rsmwer and Lender agree to other terms off�nya�nent,theee amounts shatl bear intetest �',� .
<br /> irom the date of disburserrcera3 ea s�a�hote rate and shall be payable.with i�II�rest.upor�notioe irom Lender to Botrower �
<br /> re9uGStinB PsYment. ;:i.r.;_,�, ,. ,�,.;
<br /> 8.Mortgage Ineunatx.Yf YRnder required mortgage isasureace as a condition o?+making tha loan secured�y 4his �'•:•�:�;�'+'�; :
<br /> Security Instrument,Borrower sha�i pay the premiuma c+aq�ei�¢d to maintaia the mottgage insuraace in etiect.I�.4�r aay �'•i;,'<��'`.'`���� �
<br /> i�,i,N`►� inort��isrsussnce c�"::�b r=;�.��rr! b; Lendr_�la�cec �r cea�to be in eHect,R�+r*oa!�r Rhall �y tM� .�;:,r�'�•:
<br /> premiuma required to�btain coverage subscantially equivalcant tn the m�gage insurance previousHD an effect.at a cost . '�'.`x~��`'
<br /> � substanEfiatidy equivslent to the c�st to BorroWer of the im�rtgage insurance previousiy�n effect, �rom an aEternate ''��
<br /> mortgage •inaunr approved by II.ender. If substantially eLluidalent mortgage insua�sna coverage is not a�sai�able.
<br /> Bomower shall pay to I.ender each month a sum equal to cm���veltth of the yearly m�u�tgage insurance premiueou�eing , ,
<br /> , �� .� paid by$orrower when the insurance coverage lapsed or ceased to be in effect.Lender will accept,use and retaia theee
<br /> , ':'.� paYmenis as a lobs resecve in lieu of mortgage insurance. Loss resrr�e paymen�s may reo U�nger be requirad.
<br /> ', .
<br /> • ' FwM 89881 !/!0 .
<br /> �—�{A{�tYtOb401 v�D.3 0+0 InitEOOs
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