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<br /> -_� -- -- -- S:..Hir,��ai or 1Pa�pe�.ImyrsacG 8oztaucr sfi�E��iieep,tba:•ic�aovc�ncata r�Ow exTtt�qg'or�erraft�eru��Riad a�.,#�as ' - .�.--_. ----
<br />- --- - �rap�ity;iqst.u.'�'+�a�nst{ass 6p..��re�hazaTds inciudod wi�the feean,°cait�rid�l covera8e."eu�a�tY utft�r�azaids:insludii,�g,:
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<br /> -- - - ---- ---------- ftasul��r:�T#trdisg.far wliich Lcrlder r�iires�ns��; I4�i,s i�s�±rance s�t,�bv arsifatsitx;r�'in tbe�iamts ati¢�'or ttte pana�e "
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<br /> eha't�L�ntitrcr�ires.The inswance c�rrier psoyfdlag the.insurance abnll ba dc�xro by-Barrourer subject,to�nder's agproval '. .:
<br /> �vhic��sFr�dls�et be nnreasonablq�v�tlilietd.Yf�Box�swer fails 2o�tnziittai�.caver�ge�dfscritied'af�ve� i�cccd�s tnuyr.gt LendePs� .
<br />_�;,;--�--_� optinr,absaiii,saveru�a t�r pratgct t�der's ri�hts ia ihe Fia�yeriy 1�.a�ondattt�svltSa�P�tagraph 7. �.� . : `
<br /> --�-�----- Adl�inzttr4nt�e ptiiicies�d�eaewalsshall be � a..
<br /> =—�- =�,-:�y.- �orept�?e�icr l�dsr a�d stia3i int�hute a s+..��dagd m�xt�+ge e�...,..��e . �
<br />� �'�� sD��li�6av��Iter ' t to hoid tI� � � ti
<br /> �:�� .,n� gQ1'rr�esand reaewats.3f�'Lr:nd�r,�aiaes.�orrower sf�all prymptiy'�tve ta Lrx�derall��ts of _ ._ _
<br /> .�,..�A�'�,-�. p�id�pr�mimns and eeue�val�ottces:In t�e eveni��I�sso�orrovier shall�ive pmmpt noti�w tP�e insuranre'st�^ri�r sum l.eader.
<br />- F:�,. I;�nder ma{�,�21ce praaf of toss if�oi ffiads promptty.i�r,�smvrer. . � � .. . , , , -
<br /> LTn1a�s.��der aad Sarnaniee o+thsr�vise agree in writingv L�sua�rtce pAOOeeds shali i�:ggp�`ta s�sta�tion or repntr of t&e �,
<br />-_- Fropert�,d od,if the r�est+oratioa or as ecaonom��cx+1 feasible oad�dcr' � �
<br /> � s securi is
<br /> �� IY ttnt tessetre�:If
<br />-:�:' _ �inia.n���anamicalt fe�asibJe or LendBr.lS�seeuri ry �e r�tazatcaltar
<br /> �F Y tY,wcsuid�e lessened.t�e i�suraace pc�eds shal!be ap��i��to�:t�swns°
<br />_�. secvr�d by;d�i�'�uitY Ins�nt:.whetl�r�o�,aa��tDetc,duc,witdi a�uf;excgss�p�id�ta Sasower. If Barm4ree,a��rud�na'the
<br /> - Pcopercy;.�ar�itties noi answec,aritb§r�3Q.+day3�a ttatise from Ir.�dc�,t6a6th�.��eueartae.cnrrier has offeied to set�-aca�t��
<br /> _ ..r:_.:. .... - :. .: Lender.ma�j�:.collecx the insuranoe pFoc+eed9..Iiertder,maiy:as�th�.��aCeeds w:rep�t or�rastore the Pragertyr or to paY sut�ea.•.
<br /> ��';`��`;",�'�'r secure�G aihis�.Seairi
<br /> ��`'��•,s��:..._. S. tY rnstrUmer�t,whctJ�r��:na�thea d"sie.The 30�y�peri¢d wiU.begin when the notice is given.. �
<br /> L�tltfs�.Y:ender aud Bonower ot�ernl¢e ag�e irs writmg, any application of
<br />- ` ��� pastpnna•thb dae d�t�'bf the monthl P��Priacipal�shall not•extead or
<br /> � � Y Pa7+������ ara bs 1 and 2 or �
<br /> "''�''"� P �P d�ange t�e amount oF t6e paymerits. If
<br /> ' . x�}.,._:�`'�,°.: �� PeriY�'�N Y ._ -
<br /> _ . :�;-�;;•_�-;,. uoidm�: h 21 tlte pro u �red 6 Lende�,Borroaer's right to any insurance policies and praeeeds resul6ng fram •—
<br /> :``E`;, �. a the Pm e
<br /> �`,'1`;y.F'�`�.','<.. .;� � t�r� P rtl+Prior to the acquisiEC�t:st�pass to Lender ta t�e eateni of the suau secttr.d by this Security taswment
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<br /> � •":'Y`r�'.'.: �+���V8�Ril�N�8"�RQ3�CC B�E�r P1tR�0t4 O�ULE
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<br /> • ;,,;. ;;; �1 •,•� ,�;I��sitbvveir�l�i('�'!�vPY..estabinsh;and use the Pto e as 6orrower's pimcipal residence aittrin s' � g
<br /> ��;;.Y;Ff.:' . .::f,:. � rty ury days alter th�execution o
<br /> -:.': ,c��s �_-•... <.>,�.•.<, `':.�1�i5 Securi�.�'�menr�il;sh�lU�oantinue to occe�y.the Property as Borrower's prencipal resideace forat least one year aRe�
<br />- r�,.t f.,_.. :.�.. :, ���,*���der otherwise agrees iu wriring,which conseat s6a11 not be u�sonabDy withhe[d, or untess
<br /> _ '�°�%s;i�- ' �� tfis datc o�.
<br />-ti.' `;�r,.`�:' ��.<<`. ��ctenuatin�.q. e�cist which an� he ond Barroaer's -
<br /> , . :.: :�: }'�mstances y oontrol. BorrowRr sha!#nat destiny dama8 im�air tite
<br /> <<: :t�_.::�_,`�.�.::::�.:�.,.w� . � e or
<br />_ ,. ,,`.~ .� p¢rty to deteriorate, or coiumit�vvaste on the PtoPortY- Bosrower sha18 pe iu defautt if an forfeiture
<br />`:,� x �;'-' ".�..' .:,.:;;;, Pt�perty.Z.Fl:�ani.the Pro
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<br /> j.,�d,l�•;�,��;�.��..'?'�,�` �:actian or pi�e�eding,whether civi!or criminal.is 6egua that in Lender's good fa�Judgm�nnt coutd resWt in farfeiture of the� - --
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<br /> . .�";����- '�` ''i;i . • Pmpertp or otherwise materially im�air the lien created by this Security Instivas�mt tn.Y.ender's sewrity irnerest.Bormwer may ----- -
<br /> � � " t� �'��:'�`'�- cure such a default aud�reinstate;as provided in paragraph 18,by caus3ng the action or pmceedin�to be dismissed with a ruliag
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<br /> � �,.r. . . .. that. io [.e�a�i�g's gaod�'aith determinatian;�,prectudes forfeitw��oE�ii�e Borrower's interest in xti;e property or other mates;�! . -
<br /> ,.:,`� ` , . i� � Y LY ty,interest. Eorna�er shall also be in defaulg if �
<br /> ,..,�,,, :.� i p 'rment of the lien created b this Securi Instrument•or.Lender's securi _
<br /> � ,�� " '.. :�t',-�,�' �oirower,during the lonnn agplicdtion process,gave rtwtereally false or inaccuraze aL�ia.,-�nAtion or statements[o�der(or.faited
<br /> - ;��p�'��;<i'''•:.'�,,•;;,::.;;••.-'. .! to provide I.ender with ang material informatson)im rn.�mxGon wsth the loan.��,ce�by the Note.inctud'u�;.'�i�*not�limited =
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<br /> � I,� -f.;�.;���;.;;�:;;;� ; to.representatioas conc�ni�Sorrower's occupaney�c�.'�.Ptoperty,�a princi�3�idence.If this Securlsy i;�,�tt�aat is oa a
<br /> -�-� " � .': � a���5`• l leasehotd. 8a�.-r��u�r sh�l'i;�a� with a1! the rovcs��s of the�Y;:ava. Jf 8orrower ac �res fee titte to t�i:`�iapetty, the �-
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<br /> �'`�'` ?fs��"s• �,.��--�'-���� leasehold ar���J:�.�ee tiile shall not merge untess l.endera,�raes to the r�erger in wridng. ' '�:, �
<br /> -t., •�:� , .�i.c'. rJ .
<br /> "�• '��s���;�i.'' ,- �`�'�':: ' 7.P��a�oB Lender's kitghts in tRe Pmgert��rcfi Borrower fails co perfor�the covenants aad ageer�s�:s containad in ' ' ; •• ,
<br /> ''.r �tr,qA��. s`., : ;t:?:,s ; � �s;:�. ,;i
<br /> �€ �, ,� ,: ;�, � .�is Sea�.�i¢:�nstrument:or there is a legal proceedin��;:ac mny significnntly aff:.ct.��:eader s rights in the R�.�ay(such as a i , � °
<br /> ��'j`� �, 'f� '� ; 'pr�a�as�;���i*:�bankruptcy;probate. for cond�mnarion or;urfeiture or.to enforce taa•s or re latdans),then l.eiifi�'ma do and 'rt�f��r,�' �`'
<br /> �„< if. � �► Y x, ;Gt1 r.�;y..�
<br />_ .,.� ,�;', :'`��;�('.'t;�� :�'�a�':�x cc'n�.r�.»er is neoessaiy to p�tect the value of the Ptopecry a��i�der's rights in the Pc4•Pert3+.Leader's actions cr� .t:.;:�:�i''.;';:�-r_-°_
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<br /> `':. �4�r ,y;,;•. ..U.,.1"�.�:;pa�i;�;any sums serured by•a li►�• whfch has priority ove�t�s Sccurity Instruir:e�^:2:appearing in court. payn,�;; ,: � �� �� �_-
<br /> - ,' `.' � ����ab;e�•a��3meys'fees and entering oa¢��:Pmperty to make repuirs:�Atthnugi:��;;�,zder may tatre action under this paragtapt:��' ` �}'�-'
<br /> _ ' ..'` '.� '- : %',S�ender does not dave to do so. � ' , £,lr�L�
<br /> • '. � , � Any amounts disbursed by Lender:uiider this paragraph 7 shall become ac��:�J�na1 de�t of Barrower secured by this ,,�jn��r`:'' .,�
<br /> ' � � �. . Security Ins�nent. Unless Borrower ar�;�:ender agree to other terms of paymes't;':::ese amaires shall bear interest from the
<br /> . ,..
<br /> � • " � � , date of dist�.�r�me�lt at the Note rate a.��s:�all be payable. wiih interest, upon notice from�ander to Sorrower requesting ' �� s
<br /> , , ,,, , -
<br /> :�� payment. . .. �'%�.i+�•��,.�°:.
<br /> , '"` ' ' 8.Mortgage It�sura.¢�e.If I.ender required mar%�:insurance as a rnnditie•�;�a.°making the loan secured by this Secarity ��'�1;: '` � ,: ': ;�''.C'.
<br /> •,,:tia;a,:•;•�. . ... . ,
<br /> , . �-.�irument. Borrower sha[I pay the premiums requiryd!sc� maintai�a?�e mortga��L z�surance in effect. If, for an reason. the t�'•«� =• -° *-°''
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<br /> . '. ' '.tortgage ins�cance coverage required by I.endcr lapses or ceases��c�i'va s1 effect.�ortower shaJl �ay the premiums required to •;.•. �, .. ` :�� '
<br /> • ; . • obtain caver��substantialty cquivalent t�:,t.he mortgage insurance,nr�.��usl �n effect,at a cc�ss�::hstantiall • • ��'a'�s' � '
<br /> . . . Y� y equivalent to the , I�;,� :
<br /> . � . c o s!t o B o r r o�v e r o f t h e m o rt g a g e ins ura.�ice previous ly in e f fect, from an a ltemate mort a e i:�surer a roved b Lender. If � •�''''�`� �
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<br /> �Ets�>�� substanti�lly equivalent mort a e insurance mvera e is not available, Bormwer_.:^. a to L.ender each rrtonth a sum equa!to �'���s:�;;�',-.'�'�;'��,,.,, ; ,
<br /> . f%��',�'3�' f��� one�twelfth of the yeariy saortg�ge insurance premium being paid by Borrower�:���tl�e insurance coverage ta,nsed or ceased to ���;�� �y
<br /> .,.:, . �. : '• ����i:;:_,:��,�,.,1,•1.,....... ...:...
<br /> ' r•' , �•�.:�;�ff' bc in effect.l.ender will arrept. use and rei�in thcse payments ac a las,c resen•c 6ct• 9icu of moRgagc insuranc�:.Loss reserve ' �f} '� 7 'r'�r't+1`�r' ;;.
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