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<br /> � S. �ur�persy�Issuran���ormwer sifal! �eeg!6�.I�xav�enis¢ow existirtg or i��er�e�c`tet� ,
<br />_ -- - --- _ .� pmperty�asyu�agaiast�ioss by f�,hazards in�iu�e�Within�3ie term°eict�xted.00vera$e"and e�hy oxhet 1�zards,iudt�di�a� --
<br /> - � , �tloads�or ftoodfng,for wlucIi I.endei requires ipsarattee-Tnis�u�sucfutoe'shalf 6e maintaItted in¢3�e&�o'±mts and#or Che pzr�ods <
<br /> - that i.eader requires.T�cs ia�uranoe cataier providing the insuiauce shatt be chosen by Barrovrer suHjoct ta Lendet's ap�Yal '' `
<br />- _ - — � which sha�d not be unreasonabIy wiftiltei�: If Barcoiver falls ta maiausin aoverta�ge.descrits�ed a6ov�,Lentier�y.a�Le�tsler's
<br /> � -' option.obiain coverage td protetq Lend�r'a tight�in ths P�bpecty in aecordaace wiW pazagr2ph 7. � �. . . . ,
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<br /> , �` ,` . AIt insiu:uice poficiss and c�icewals sha1�6e aoceptable to Lea�er�nnd s�a11 iaciude a standard trcortga�e clmis�. LetWet
<br /> ..
<br /> �..'.. . ���,., .' shal!have thz tight to ho2d ihe policies and renewa3s.If,Leader requircg.Borrower sha}1 promptty give to Gender all rec;eipis of � _
<br /> _ " 4 �:_��;�.s. p�id premiums artd tenewal nattces.In tlze event of tou.Borro�aier shali give pmmpt notioe to t3ar inswance caziier and Lend�et. -
<br /> ?:� - = I.ender may make praof af toss if aot a�ade promgtly by Borrower. � ` `. � . ` - -- . _.
<br /> ,�'"� ji ''•_ � � ifntess L,ender snd Bomower atkenvise agc�in writing,insuraace pmceP,ds shall be applied ta r�#oratioa.or repair af die - ---- --
<br /> ,:u�. .Yi bM. . ��.——
<br /> ; ��:r��;;�.��'ti_- ' Properry datnaged,ef tite restoration or repair is eoonomically feasible and I.ender's sec�rity ls not tesseisea.If the reatoration or
<br /> �_-f�:��:�;." eepair is noi c.eonomically feasible or I.ender's secxuiry wauid be iessened.the iR��ra.,ce prooaeds shall 6e applied to the swn.s - _
<br /> -sf.'=.-�'�v"��.",.•:` secure�t b �this Security Instrume�t, whether os not then due, aritii sug excess paid to 8ornawer. 1P Bor�ower a�aitdons the __
<br /> ta:;°,:.,:.': ..:-:,� Y
<br /> : ��:` .- property.or daes not answer within 3a d$ys a nodce from Lender that the uwuance rartier has offered w settle a clai�i,then
<br />_ �."°;�_,_•':°: ., . .:.; Leader may collect the insurance pmoeeds. Lender may use dtc prooeeds to repair or restore the Property or to paq suIDS .
<br /> • secured by this Seaviry Iastrument,whethet or not then due.T6e 30�day period wil}begin when the aaiice is giveo. __
<br />�� ' ' . � •:•�:•.. . : Uniess Lender and Borrower otltenvise agtee in wcitin8. anY aPPlication of proce�ds to princypal shall uot extend or =--__
<br /> ``'�'.': " : '' -" post�raae t�ne�a date af the montWy payments iefeired to in paragmphs.1 and Z or change the amount of the pay�ents. tf
<br /> ��:, ,.' , � .
<br /> - � ' �7 • uader�raph 21 the Property is acquired by iender.Borrower's right W any insurartce poticies and piaceeds cesuiti�g from
<br />��::� f 4A;�`�rf damage r'c►the Property prior to th�acquisidon shall pass ta I.ender W the extent of the suuis secared by Ebis Security Insir[[meat `.,•• t :�
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<br /> —` ";.,,:', immediately prior w the acq�isision. � , ";f,�s
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<br />�_ � ;:;��_�'r��; � • 6.�,iipaaCy.Preservation,Ib�int�suce and Ptote�io�of the Property;Borrow�'s�.o���t�Hcatimn;d�s�oids.. c �•��,�_-_-
<br /> '.> , ,�:,� �._ � �_.,.,.
<br /> :�'k ., Borraw�.:shall occupy.establish.au�E use the Property as Bormwer's principa!nesidence witbin siaty days after tf�ex�,?pn oE °�,.;f`. � _
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<br /> ' ' _"_:._,. _ .__ . . _._ .__... . ...'.7'_"'.,�_'�' _ "' ' _ "— '_.
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<br /> this Secun Instnrment and shalt+�vnhnue to occu the Pro as$orrowet s nnc� residence�for at Ieast one ear "'`�-� -�- -
<br />_ — , � -�� �. t]!. PY Pe�J+ P Y '.,:;:�,�;. � _-
<br /> , .. the date of oaupanc�,unless Ler.dev othetwise ag�ees in writ�ng,which eonsent shall nat be unreasauubly wiWheld.or unless�'r.`��:°,':.•.. `�='--
<br /> � .�, , ,; , • extenuating ciicumsta�Yces e�isr wtrich are beyond Borrower's contral. �ofrower shall aot.destroy, damage or impait the .�' � `� ,__
<br /> ���,�• •- �� � �.:;'• � �Pm�perty, altow!he Property to.��riorate, or commit waste an the Prnperty. Borrower shati 6e in default if aay forfeiture ' �,��
<br /> '�T•��-�'� ''`� action crpmoeeding,whether ci:.��+�z criminal.is 6egun that in i.ender's good faith}udpnent rouid.result in forfeiture of the � �------
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<br /> ' Propem��`c othenvise materialIy s"uri�aaiF the lien created by this Security Instrument or Lender's serarity inierest.Borrower may �_`r'=�=-
<br /> .`'�`�' . � cure � �defaalt and reinstate.a5 provided in ara h IS,b causin the action or. roceedin to be dismissed with a nilin �
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<br /> � . that, in•:L'.ender's gaod�aith determination. precludes forfeiture of the Borrower's interest in the Property or other material �-�'�;-=
<br /> �* � � �-'- �� - impaim�}of the lien created by.ihis Se�vrity Instrument or Lender's security interest. Burtower shail atso be in dcfantt if � �''� r
<br /> -`�''?S's��.�u�i�.:
<br /> ,.;�`,;;�,�i �'- Borro�.r�;,��aring the loan applic&uttn process,gave materially false or inaccurate infomiation or statements to Lender{or faited :;�;�, :;;�
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<br /> � '° ' to p�ti:i.i��.tnder with any mnter�;information}in connection with the loan evidenced by the Note,irtcluding.but n+as limited . �.;�:,J.
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<br /> ,';',; . ': to,tepie'sentations conceming�Barrower s accupancy of the Ptoperty as a principal residence.If this Security lnsuumeat is on a ,. ,:,�.�.
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<br />- ' leasehold. Borrower shall compty with all the provisions of the lease. If Barrower acquires fee title to the Property; the ���`. �.:
<br />- - - - -� -���� - leasehold and ttie fee title sha11 not merge ur�iess Lender agrees.ta the merger in writing. `� � ` '�� -
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<br /> ! ' � 7:Protectlon of I.ertder's Rtghts ia the Property.Ii Burmwer fails to perform the covenants and agreements contained in
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<br /> - '• '.. � this Sea�ui.'�r InstPument,or there is a legay proceeding that may si�nificantly affect Lender's rights in the Propetty(such as a t-�
<br /> �i�-_';,_:,:� , proo�a�in bankruptcy.probare. for condemnation or farfeiture or to enforce laws or regulations),then I.ender may do and : , -=-
<br /> ' � pay for a•h�tever is necessary to protect the value af tha Property and Lender's rights in the Property.I�nder's actians may , _ ��'_
<br /> `� , � inetude �aying any sums secured by a lien which has priority over this Security instrument, appearing in court. paying ' �--
<br /> � , rea.vei:w�i1?r attomeys'fees and entering on the Propeng ta n�ake repairs.Although Lender n�ay take action under this paragraph � .�'" __.____
<br /> .� - : F:r,;r;•- ake :. ,;°�, T,r�-- --
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<br /> .•;;f�3��;'..,�,;; 7.�.e�f:�r�3oes not have to do so. ..••�� .y tr,.f,;�.�._:r
<br /> ''"'�4' " - amounts disbursed b Lender under this ara z ': shall become additicral''3ebt of Barrower secured b this ''i`�t'i��������''`�
<br />- ' � : -- ..:�����-i- .:: �?,�sa:�;•� 9 P S� y ,r,�t��l�;� ' =i`�;�=T==_'
<br /> `' Security instrument. Unless Borrativer and Lender agree to other terms cf�-ment,these amounts chall bear interest from 9he :�<+��_='=�=
<br /> . . r.._ : '.. . , :�-, .•.f
<br /> `s, • , date of disbursement at the Note rate and shall be payable, with interest.:��.�an noticc from l.ender to Borrower requesting � • �%'f'��"=`
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<br /> • .' �'4.1s�rtgage pasurance.lf l.ender required mortgage insurance a�a conditian of making the loan secured by this Seturity •� � ' . ��� _ ._•
<br /> • � la��i. Borrower shall pay the pmmiums required to maintain the mortgage insurance in effeci. lf, for any reason. the ..:: ,. ' ` � .��
<br /> � ;-�.• � � � ' .�;i,��,�..�;e insurance coverage required by Lender lapses or cea.ses to be in etfect.Borrower rhali p:�y the premiums required to •° , , ,: �;f�a:,,._
<br /> } - � '.� ,c�+tizri�coverage substantially eyuivalent to the mongage insurance previansty in effect,at a cast substantially equivatent to the � ;.:��'r:`�';:--;
<br /> , •'tis, • . ca�ur�r3orrower of the martgage insurance previausly in eft'a:t, from an altemate mortgage insurer approved 6y�.ender. If t_ ': � `
<br /> ' ',=�}l:ti" � 54L"^7:�J:49.LI UIYAICIII R10Ti a@ ItISUI'3i1CC COVCiB B IS QOt 1C;;aL�:bte.Sorrower shall a to Lendcr each tnonih a swre � ual to 'r:;'Y .,
<br /> :;'r,:;t#;;v . . Y�1 S 8 S �,.. P Y � ..� • ;,s��4{���4r, :.
<br /> •x,�,�r S, ane Ct F.l'f"t'h o f t he year ly martgage insurance premium being�a!i��+y Borrower w hen t he insurance coverage laps e d�.r�a�s e d to :,,,���.�r,�?;. ;. _ _ .
<br /> ':•j: ' ., be in effect.l.ender will acoept.utie and retain these paymer,t��n a lass reserve in lieu of mortgage insurance. W�ss. 'reserve ''t�i;�.,;J•�'' :
<br /> • . � Farm�Q�8 9190 '.?.`� . '''"i.
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