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<br />'�°;�•�m;� �seriaes that Lender ce�i�ires. �'ite is�sut�ztce�c�er Drm�vl.c�s�g t�e insutatt�shal}6e chts�n by Bo[�wez svbject ta Ler4�r�
<br />=�r � ` . ` appcov�l w�ich shull not be urtreasana6ly��vrirl�eY� df Botrowex falt9 to mt►�nt�n coverage descrI�e�eCgva.Len�er may.at
<br />==- ' L�ndeT's aptiot4 o'biaia cove�a�e w prRitr.ct Leazdet'�tpgt�ts i���,.Ptapesay in ac�ordance cvith garage�p�b 7:
<br /> S`�,.� ` All insutertce pnllcies aud a:aewaGs��8�accegtaais ta�render mtd stiall ineiude a stanAard mortga�e cIt�.a�se. i�nd�r
<br /> :��'�'�.y � s�all bav�theri�t ta hbld the�oiieieseadnnawuls. Iqi:ender�nquites,B�sowerahall pmmgttY 8iveto Lender a1��Ipta
<br />� �- �—'��Y:,�-. af pa�d pret�iutns and�renewal nQtI�es.:Fn ds$ever�08 Cass.Boso�ver atLait give pmmpt aatir.e to tlte fnstu�nce c�ni�r ead __ __
<br />.'�:. `�:',�;_;�^"::z,� Lendes I.ender m�y maks g�f af lass iff aot n¢acde prom�t�y by Bmrawer. � . ------
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<br /> � �s , ..,.. ..•,k . . ti T n l e s s L e�ep and Batrower athenr,ris�agc�irb writiag,tasuraace proceeds st�atl be apgiied to restoratios�ar cepair o£ �_:�._._�--
<br /> ` _�'��---- -- . -._: i�e prQ�e�t3r�ged,,if the rzstn�or regrsir is ecQt�oaucally feas�2e sand Lea d,�r� I s aa:less�ne d I#t t c e s =-
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<br /> :a .�,`:.,. 4 :, � , testoration or repair is not ecoaamicalIy feasibte ar U:nder�secnrity woald be IesseaeA.the in�waace pmceed�sf�It be� . � � = — _ -
<br /> ',� applied to the sams secmed by this SecuTity Instnz�nea�wDether or not Yhen dne.wittt a�sy.exeess paid ta Boaro�er.. If - -
<br />_. .�� F�� '` . " Bormcver abandons 1�Pmperty,ar dues nna ar3svrer witt�in 30 days a notice fr om L e n der t hat t l te i�suranse s x�r rier has. � -
<br /> r T:�..:," •:,� }„� o�sed to seaIe a ctaim,then Leader�ay co�lect the iasvr�..nee proseeds. Lender inay ase the proo�ds to repai�c�s resio3e __ - -_ _ .. __-
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<br /> :w-;�;�:;,-:�:-.;,:-�-s.:�.;`,='• E@e RvpertY o�m PaY sums secured 6y ti�3s Securicy�r+strumea�.whetger or not t&en due. 'Ihe 3flday period wi3I be�whea v�
<br />__ °�,,� ;; ,' : �:.�� tYasnotice is given. --
<br /> - ��.. Ontess-Leader aad Eorrower.d�rsiise agree in wrivag,any appfication of proceeds tn pmtcipat shall not extend os
<br /> .; , - gostpous die due date vf tf:e cr�a�tY;p�rments Yeferred to in paraBraFhs 1 aad 2 or change the amonnt of the pay�nta. If --- --
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<br /> �mder paiagtaph 21 the Ftvgertgis��s�red bp.Lender.Hasrower's right w.aray ntsuraace policies ane proceeds resuIting �-_----
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<br />_ : ;`h"�` . fmm dasnagc ta t6e Ptope►ty prlor tn tDe scqs��smoa sliatt pass to Lender w ihe eatent of ttr�sums secuied by this SecuritY. �;;-�:,��,s_--•-
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<br /> :;,� Inshument imuted3�i�prior to the acqunsiuon.
<br />' `"';;::. - 6. Qccu�ade�, PreservatFn�, N�� aud Pratect�n ot tbe Pe+oper3y; Boraower's Loam Appdfcat�; -
<br /> �"''``' ' �.ea.seholds,,I3csrrower shali occupy,establis�;sad use tke VmpertX as Bormwer�a pcincipal residence witftin sixty days afrRr --—
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<br /> '�,R..: -. .,�, t�:�utian of this Sec�rity Instrome�t�����Py�e Pro�rty as BoAOwer's p�¢cipal residence fos at ,.«_ --
<br /> i-`• `''";'�. ,, .<'1�s�ane year after the date of occ�paacy, uniess [.ender atherwise agrees u:�writing, wfucH consent shal�nvt.6e � ---
<br /> � .� . . . ! .� . . • - wluch sie be ond Bormwer s1ie11 �� �"�°`
<br /> �_,. ._ : . _: :.:.�..�.r..�;;1 .•,'r`• Y an eld.or � � to d eriarate or c�mmit waste Q the Pra,� Bormwer shs� -°-
<br />�;,�;, . -- �---- -- -"t - _ ...�_��y nab �e_orsmpair.stte�+stp�_�ecit+c R'.tuns�an.oP�._�__ � o ......... .... -_—-
<br /> �;�$ri� , .. :�``��� •'be in defauIt if any forfeiwte acaon or ' ,wbether civil or cnm�ta�isiiegun[haf in.�uaei�guod faiit�jR"dg�t�nC� - -_-
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<br />--r. ���',;, '�<, :cauld result in forfeitute af the YropertyF�gerw'��.cnaterially impair th$ lien created 6y J�is Securicy L�smurcent or. ee�:r�
<br /> ,£, � , �% �.ender S sGCiuity intecest. Somuwer ntay cute sach a detault and teuistate,as ptovided�m paragraph 1�,by eausing ttte actina -:
<br />_;�� •,,,, ,� � or pmceeding to 1�dismissed with a coling tlia�in l.ender'�good faith deteimination,Prectades farfeituce of the Boncower�s �N- -
<br />��,� - ' `•� interest iq We Pmperty or other mate�ial impairment of the lien c�eated by this Security Insuumeat ar Lenderls secnrity =
<br /> tsr , 4 ,�y iate�est. Bo�rower shall aiso be in defauit if Bomnwer,durirtg the�aan appGcazia� praoe,�.� gave materialiy false vr
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<br />;si�. � 1f ri� {,. ,�(`, ' �:s.;caaccu�ate infonnation or statements w L.ender(or fa��t�provide Leade�arith any material inFormation)in connec6on with �
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<br />_�.,r, •' � i����°. : ..�17 ,�,::`'. r.:';":�id�e loan evidenced b the Note.inciuding, but ant?ba*:ued to, cepresentations s�anceming Borrower�s occnguacy.of the ,,,rr�;,� �;.
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<br /> ` ' '���,�'� ' t`�t� ; `:'a'c,operty as a principatresidence. If this Securiry��ent is on a teasehotd,E�r�shall campiy with ali t�e ptovisimna '�`` ,
<br /> �o � ��°�--- !�•��' ��• of the lease. If Bomower acquirps fee titte to the Property,the Iease6o.ld aad,t�'aV�it3,e�Sall not me�e uniess t.ender agcees
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<br />����*;,. fi : � , . ri�j� to the merger in writing. ,•..•~�.;::;. :. .;, �•:::�.. .::....;, �. , . . ;�'
<br /> • �' �7. ProtectEon of Lende�'s Rig6ts.fm tse Pe�opertp. If Sc��#ias:fac'��i�;i��Pom�l tF�-ixzu.essants and agmctrtents ,.. :;:�,:'" F ;�';
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<br /> contained in dtis Security Instrument,oc there is a tegal ptuceed=�-.�:,i�ac m�;�:�i�=�icantly aYf�c i.ender�s rights in the u,'� �
<br /> �-,; . - Property(such as a proceedin�in bunkruptcy.probate,for condemnation or forr,��,ia cu ta enforce laws or regulatiflna�than :��;�;,�:��:
<br /> .
<br /> l.ender may do and pay for ahntever is necessary to protect the value of the Pty�t:ty and Lender�s ri u in tha Pro e . ��:';<<-:. :
<br /> '-- -�=--=--...__..._._.. 81i P �Y
<br />- > I.ender's actions may incl�de paying any sums secumd by►a lien which has pnoriry over this Secunty Inshvmen�app�g �f`%' � �
<br /> 'r'� in court,paying neasonable attomeys'fees and entering on the Property to make repairs.Although ixnder may take action i:? � ;�. � ;
<br /> ='�� • under this paragraph 7.Lender does nnt I�ave to do so. '•`�:� ;t":
<br /> �:,�'. Qy . Any amounts dis6ursed by l.ender undet this patagraph 7 shall become additional debt o f Botrower sec u t�e d by t his ,��f:�;;�::;:. ;`� :j
<br /> -. �;E;..;: , . �rity Instmaleut. Unlcss,ttorrower and l.ender agree to.other terms of payment,t��ese amounu shull bear intenest from tlta ���;r:!':�,:•?.:,�.
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<br /> � �;��'%��` ����u:of disbu�ment at tIr�fi�de rate and shall be payz�Ce.with interest.upon errx'.-s from Lender to Borrower requesting � ,,;;�. -
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<br />=:,ic?.i .�r�f�r�i' , 8. 14��a�q��,.ge l�e. If L�:�s cequined mortgs�$e insv.�^�.e�as,�'���an of making the loan secumd3�y th�s. � f _ _
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<br /> ' ��s. Seauity In.�aa^���.�rir.+a;.`r shatl paj���'r�premiums requir+ed t��u.,�`�'r�i��Y,:�:!?'�age ins�.�+n�:e in effec� ,�€•£e�r.�3 -. , � ,�>7 t�'Y,�L�Efd3K _
<br /> D�� � �����1�,+� .r ��`ti �- �, � �
<br /> teason,the tri�',�e��z.�x`arice coverage required by I.ender lap�«�+-r+;:..si:M-:sti-+��be in eff�et,� 8orrower��a; ,w�'re � � 6,��� ;y���� �
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<br /> ,�2,+�, �:f;�;��;:;t.�f;; . premiums required ta aY�t'�in�coverage substantially cquivalent to �.,:�ri�:;�;:�e����:sance previously in eff�c.�C�.rras�• ��"`r `tq�f�,,. �.� �
<br /> . • :.ti 3 . substantiapy equivaier's��#s_d�cost to Borrower of the mortgage msurai:ce�����1/in effect,fr�om an altemacz�".i;age�•� ' � .. '.,���J
<br /> �'�{' � insurer approved bg Le����..If substantially equivalent mongage ins�zrsr�ce co�•�:a�e is not available,Borrower shiill ppy t�, , �•;'�'.��. .. ,.�,.,�....,
<br />.::;�� , • .,
<br /> _a°,.r l.ender each month a susn�ual to one-twelfth of the yearly cnartg�:�si�rance premium being paid by Borrower when t�n_, " •-�� ": '�:�
<br /> -;tr::, : ��,i:` . ' .
<br /> ,.;, � ipsurance co�•erage tapsedcr ceased to be in effect. Lender will acc�:use and retain these payments as a loss t+esenre in tic�u• _ ..�.
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<br /> �y� � of mortgage insurance. La�s reserve payments may co tonger be required.at k�.:aption of Lender,if mortgage insumm,ce 1 •�.•� .
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<br /> � ',, f� ,,;;. c;r,n:erage(ia the amount a�s�f for thc penod that D.ertder r�yuiresl provided by an i'.r'�.�iu-er approved by Lender ag�in becomes�. '��z�+" '
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<br /> ,i�r:<���>�• ;.t��ilable and t�obtained.D'+srrower shall pay the premi,ax�s reyuimd to maintain rrrra�t�.ge insurance in effect,or to ptovid�a:�,; '�� :_ ���'° ����r:;; ,
<br />- ° �'�' '-' loss nserve,until the re uirement for mort e insurance ends in accordartce wit'd:psy written agreement between Borraa:¢�_ " ' �A���.+..� ' � ` '
<br /> .�t;•,' 9 S�S ,, ,, ,;i�,;•.••. .,
<br /> arid I.ender or applicabte luw. . `• � �"`'���'``�, �:�,
<br /> �;.`: ` ' , '•:,l,�.g;•,1..,., .,
<br />_;�•: , : 9. Inspeclion. L.ender or itc agent may make reasonable entcies upon��i:�::spections of the Praperty. Lendershat6. . �;'•• '�:�' ,• � ;�r-'"'' ' •'
<br /> ` ''�,.; give Borrower nouce at the time of or pnor to an inspection specifying reason���E:u�ise for the inspection. ��,� �`�`� � ���:�•%'%��r�`'�"�� ; ,'
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<br /> ,: <<+: • l0. Condemnat�QO. 'i'f�e proc e e ds u f any awar d or c laim for damage��i r�:t��F::onsequen ti a l.i n c o n n e c t i o n wi t h•u n p ` ��J�i�;s'y,, ' '�
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<br /> ,r�' � �`i� � 5iagte Family-iaanie M1fatlFreddie Afu Uti1FmA!d L�S'1'�L'R�ti��-iJni(om►Covenantti 9140 /page 3 oJb paResl ' ,� �'ry;y;.:.' " � 1''
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