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<br /> _ -- �rtoda thai[.taQcr.sequires. 'Iht ins�ra�se sartt�r praYidinII 9he insc�aance shaU be chasen�by�or�ae�et..�ubject to Lc�dcr's � . .
<br /> -- approv�l w6ish shall nat 6e ur,�asuna6Sy withhelrL t�Bmrowcr faiLs co.moimain c�ve�e d�scn'�ed ebove,Lendee rnay.c4ss, . 4__-------- -----
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<br /> - l.tader�s optioar obtain caverage to pmtsct L�eadar�a rigtits in t$e Pcopeciy ia accordaacc with parcgr�pt�7. ' , .
<br /> ---_-__ , . All ins�iso�icies an�ienewals�hal1 be uocaptable to i.eMee an�shuli t�clnds�s-mndazd mnttgage clause. d.eriQer.�
<br />- � stiall have t�e rigfit to ha18 thc fSoticies a�td renaaala I€Lendet req�f�es.Btsrrower shall(nompilY give to Len�der`all rea3pts :
<br /> ':���` , . of paid preeniums a�d ne�ewal notices. ia tiie sveat af Ioss,B4icuwer atiall give pmmpt aouoe to the�nseuance cair€er and ' ---
<br />' Lender. i�d�t may make proof of Iass if aat m�de promPtty.6y Ba�rower ' � _ —
<br /> -���� �'`�:' � ' Qnless t.�nd�r gnd$arrower atherwise agte�irJ�vriting,ia,stira��psoceeds sha116�app�ied to teswratian or repair af - _ -----
<br /> t�e P:e�e r t p�A�-r d,if the�ais ar�i&�caa�mniqlly fea�'Me aad Leadet�s�cucit�is noi less�n�. If t�te - _
<br /> - ��.�r��� r�stQrat'son or:epai�,�is not e�onamir.tiify.fsasible ar•I.�nderis sec�rity vrould 6e t�sened,the insusaace pruce�ds shail6e — - -
<br /> ��'..:,�+.�„-�� � .agplie�to the sams secu`zed by this 3"eciuity Insu�ment,whqher or not tben due�svlth eny excess paid to Barrower. �If ----- - -
<br />= .'"�v: �� Bomower abaadons tite Fropezt�+.or does rtot answerviithuj 30 days a t�otice trom.Lead�r that the insurance canier has —
<br /> � • offe�ed to settte.a cietm.-�n I.ender may cottect the.ms�n�r�ce pmceads. Leadec i�y use the proeeeds tv repair or restoie
<br />-� *�`�.���� the Ftopaty ar fo pag s�sns seaued by this Secvrity t++•�„me•t�±.wfieth�a or aui$ie�s 8ue. ;ITYe 30day pe�iod will b2gu�when =____-
<br />-.?�'-`���.�-�`'::�`�F� tS��otic�eisgvea. " . • ' . ----
<br /> - "�-�'�'',a,°�i�"`�`� Unf�E,�rn►.�"a:;r�8oimcsrer otheiarise agree in writing,airy-a�licatian of pruaeeds to gtincipai shall not extend or, - -
<br />- ,� ,.�`'���.�1. gasqroae t�.�'�`�d�vionthlY Pa3'ments refr.rred w i�t paragaphs 1 aad 2 or change the amount of the paymeats. If . .___�---
<br /> � ,ta«F +$, , �g�i�;.��h��:k;t��pert}'is acquired by•Lender�l�ozmwe�s sight w any iusurance policies and psoceeds resW6ng _ __---
<br /> l "- 6c�r�s�:d�a€�ic[�c,�prior w the acqui'sition st�taII pass ta LeRder to the exteut of ttie snms secured'b3+this Securin+ _
<br />�+•�`��' � ta�d�3c�ediatelYF�c at�risi�i =--
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<br />�::=��y°?�.'�•�.�:f'a`� ' 6. �apaacy, Pr�4ervation. ftl�a�ntenanc.e�nd Protect[au of the Property, Borraw2a's I.oan App�an; . __- __ -
<br /> �-��? ��•=:� , •Leasehn�ds. Botmwer shall occupy,estab2ish;and use the Ptoperty as Eormwer�s principat residea�re qrithin sixty days after � =-
<br /> _ - �aim��r.`'rr.r.��.,�� , �. ..._
<br /> ? . �exe�cution of this S�+Instramem�d shall continue to oocupy the Progetty as Bo:rowet�ptiacipat msidense for at e�i�. --
<br /> '_,.���.- C�'ast one aR�t��'dl�e of a an unless Lendra otfieawise in writin which conseat.sFtall.noi be -
<br /> rt��t o Year ccuP cY, aS� P• , --
<br /> "��� _51'_ « .:a��rasdnably withlieids;��I°ss eatenuating cincttmstar�oes exist which ate heyon�Bosower's canlmL.Bot�lsr�hatl nat _ . •,�,�"r•
<br />�i: `'��k�' '. • -_..-_:- : _. � . . ._ . � �Ilowthe�ra eity-to-deteriaeate.-or-commu.tvaste-on_the.Piopesty.._[�B'?r�r'beer�haall _ _ .� _
<br /> . ' '�r • t�����.f��acu�o�ri ' ahether civ�1 of criminal;is that in L'end��s goad��;:n,�sen�` ' •�{� °- --
<br /> Prooeed�ng. begnn .,
<br /> ;`�Y�� F cQutd t�;tii�,�.,�tc�of the Praperty or othetwise tnaterial�r.,-,�„�iar the Iien cceated by this Secarity',..�-...,.��'+�r `(
<br /> `���� ;�.endefs�iaa�',�.in'Le�t���orcower may cure such a defauIt and�e'°s�slt�,as pmvcdtxl in paragraQh 1S,by�..��'iP�e��u,-�t�s F ` �, - _-.�
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<br /> ;����jF ' . .. rnc ,. .''•`'t`�be disriis..-qed a+ith a ruting that,in L.ender's good fa:�d�te�Cr.,�ciud�es,foifeicace cEt�i�prry,.�?� �. _��F
<br />�.f;�.���+��;. �`�'� __. . ' �a�tere t�f:�'mgea'ry.ai-other materiai uhpai�ent af the lien cre�ted by tbss:.?�:??i�.��SSUV�Eat..ax`'�r'3�,�3� �' .... . � .------- __
<br /> �rn,��2F� � ,��!`� intet�2sk.,�,:i�atrrfier sh� $1so bz in default ff Bannwer, during;*c�tnan�2�*'y,,�a�t£3q.�rvui�.f�F;z,aro�i31�3;�3�.:a� •( ;, �.�G�� —
<br /> ,•�,,'"•'':��� „,,, ipaa�2t�&iC�[i�ic+rbcr statements t�b E�ir�er tar failed w provicte L.ers'.er wit11. F�r�'eri�ir,farri�#.'�n m cu�setun� af� � � (` '�pf�
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<br /> „����"�i,f ,�>;,:.��.;. ��� x�Atate.aodi�itsg,6ut not limited ro.re�s�enta6ot}s ec�zeming Bnirower's occnpanry of the• ;4s� � 1
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<br /> .,l'��.�s�}i;�„� ;; ::i�percy as� .' . ��#�uae. If this Security Instrument is on a IeaseholQ,Bar�a�er shall comp3y with all the provisians ��;;::: F �_
<br /> , r t�,.',.:; ' � ttPtt�1Case. If�c acquires fee tide to th�Frapert}r,th�leasehold and the fee 2iti�sha11 not merge unless I.cnder agrees ��'•�'
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<br /> � • , ��t 7�protecH�on of�l.ender's Rights in tSie Properly. If Borrawer fails to perform the covenants and ageements �� �. �� � `��j
<br /> conrained in this Security Instrument,or theie is a legal proce�ding that may significantiy affect Lertder's rights in t6e �
<br /> _ � � � pfrioperty(such as a pmceeding in bantcruptcy,probate,for condemnarion or forfeiture or to enfinee laws or reguladons),then - __
<br /> : � a for whatever is necess to rotect the value oY the Pro e and l.erider's ri �c in the Prope . �' �� ' �� -
<br /> I.ender may do and p y ary p P nY Sh nY. . . --
<br /> _ � �. l.ender's actions may include paying any sums secured by a lien which has priority o�er this Security Inst�umenG appearing �� ,, ,�' �'.
<br /> �. � � in couri.paying reasonable attomey.s fees and entering an the Praperty to makc repair�.Atthougb Lender may tatce action � .
<br /> . . . under this paragmph 7.Lender does nat have ta do sa. �;".,�'° �
<br /> ,, ' My amaunts disbursed by Lender under this paragraph 7 shall become additional debt of Buirower secured by this 4' �y�`:.':_.'
<br /> • • " . Security Insmiment. Unless Borro�ver and I.ender agree to oiher terms of payment,these amountv Shall bear interect hom the -j: ��
<br /> ' date of disbuisement at the Nate rate and shall be a able,with interes�u on notice from Lender to Bomawer ucstin � `
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<br /> 8. Mortgage Insnrance. If Lender mquired mon�age insurance ac a condition of making the loan secuced by this �;,y . �,�.:,
<br /> t�;�`" • Secwity inswmen�Borrower shall pay tho p�niums required to maintain the mortgage,insurance in effect. If.for any ;;'.;i:�,'" � ''`�`���`��-
<br /> neason. the mortgage insarance coverage required by Lender lap.ces or ceaces to be in effect. Barrower shall pay the . -�_:��":_.` . _ --'"''
<br /> : ... ,. . -;
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<br /> -. •� � ,�� `• premiums requ'ued to obtain coverage substantiaily equivalent to the mortgage insurance previuvsly in effect,at a cost '' ��- -�
<br /> � � "�� substantiall uivalent to the cost ro Bormwer af the mort e insurance reviousl in effect,from an altemace mort e I �""� ` -'���"`A°
<br /> . y eq SdS P Y £aS ��; ., .;i.:;.:.0
<br /> • � � • insurer approved by Lertder. If substantially equivalent mortgage insuran¢e coverage is not avaitable,Borrower shaU pay to :I ,:.�--s�
<br /> ... ... .: ... . . . ; ��. -
<br /> �'� �� , .� ' Lender each month a sum equal to orte-twelfth of the yearly mortgage insurance pmmium being paid by Bortower when the � "': _
<br /> '�,,�°�., ` insutance coverage lapsed or ceased to 6e in effect. Lender will accept,uce and retain these paymen�s ac a toss reserve in tieu l 1'.•�.;: . . _
<br /> . � af mortgage insuratcce. Loss reserve payments may no longer be required,at.the option of Lender,if mortgage insuranee -r - � �`•'`, :`
<br /> covetage(in the amount and for the period that Lender requires)provided by an in�urer approved by Lender again becomes �';':i � _.
<br /> �' available and is abtained.Barrower shall a the mmiums re uired to maintain mortga e insurance in effect,or to mvide a ';`,` ' -
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<br /> ' �. toss reserve,until the requuement foe mortgage insurance ends in aceordance�vith�ny written�greement between 8orrower `'�' �_
<br /> . � . • .�hd Lender or applicabie taw. �, �-�
<br /> ,:�:. �- ��-, �- 9 Ipspection. [xnder or its agent may make reasonablc entrtes upon and inspections of the Pruperty. Lender shall ���
<br /> `���f ' give Botrower notice at the time of o�prior to an inspection specifjin�reasonable cause far the inspection. r'-
<br /> ` � „ � � 10. Coademnallo[t.�`Che proceeds of any aw�rd or claim for dwmages,direct or conseyuential,in connection with any ' 'I
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