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<br />--—_-- -- ---� <, peria�s`t�at�.ea�er te.qa�res• 3�C�.iasuraas��rri,."i:�rovitt'm�tP�e ins�rance�be c���sy-Ht��aviirr�u�,ect to��de,f� : , __
<br />- - _ -- -j , approva�wtz�ch sbali ltot 6c rmr�soa�Sy wid�e2d,�f.�aFiawes fai]s to�cay�ag�descn'b�ii ahr`�*e.E�der in�y.$t�• � . �
<br /> _ -----; 1.Endst�s cgtioa.alitain caveruge w�t�ct Le�iter�rig�its iri the rn ass.r^*+���wi#h P�B��� . ` .. --
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<br /> . A}1 i�uraa�ca p�}u�es r►sd r�wa19 sh31I be axtgt.�blt so I.e�a�shalI i�tclud�a st�ndst�i mar(r�ga�taBSe. I.�ndet
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<br /> ��:s�i11�ave tt�e n�u.in$oI�t�epofiaes aa�d rea�wa�.'[�I.e�Be�ta�ules.Soxtowei sk�l pi�amp�+gmre��ffder���eCeipts ' - -
<br /> _ - � .. Qf paid piemiu�s sud.�1 nat�es. in tJ�e eveYU of loss.Bonawer shall gi�re grampi a�ahce ur tt��c.e rarriee an� : ` .' _
<br /> -� -- Le�t�ez.L�der h�'maS�e�oof af tass if nat m�pmmptlY bY 8a�mwer�. : • � . ` � � . .
<br /> .:> .� � IIntess F�d�r arid BaimweroQeenvis'e ag�e ia vtri�g,insurance pro�eds shaTi bz a}sp}iert ta restora3ion or regair c►�� •
<br /> _ . the�taperty daa�aged,if th�r�s�tora�ian�.sepaa�is ecanumically feasibie ai�Lend2r's se�ity is nat lesseacd. 1g the : -
<br /> ' '"�> �b - � r�tcsr�tioa ar repair is�uot e�armcally fe�'bL or l.eadera secunty v,ro�,be l�sseaect.tfae inswrance pi�aceeds;sY�all 6�
<br /> ��._-, . _ ap�sli�ta t2�s�ms-secauix�Dy sbi�S�rit�.Ii��,c�i�t�_ar aQi_th�n dw�svith�n��xc,ess�raid ta_�aim�+e�_ �f_ _ ..
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<br /> �s ._� �,. �pa��re,r abandons ctw°Frapercq.or d�es aat msswe�withia 30 days a notace fmm Leader that 3he insu'rance canies has "�--- --
<br /> '�;��'`. � offered to s�t3Ie a ciaim.then Lender utay co4ied t�insfira�e proc�ds..Leaitea may ase the proc�ds ao r�pais or sast�
<br /> - t�F�ope►ty or w pay senms securEd by�tus S+�urity Insavmen�whether Qr not th�n duE. The 3�Y P�ad tivill i�egia.whed . • —
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<br /> - i . • iJnless Lender and Qa�mwer othEnviss agc�e in.wrim�,aay applicatiaz►of.p�s w pr�c�ra.t sttall nnt e�cteu�oi: .
<br /> po�ioae the dae date of tha monrhIq paytGests refes�ed m in paragr�phs 1 aad 2 ordrauge the�z of the payments. If .
<br />_ ` j aa�pazagrapl��21 th�Propc-�cY is acquimd by�eader.Barmwer's right to any i���*A+,�golisi�s�;A pmceeds rasulrin�
<br />_ -,�: - . �f�mn damage.to tiie�pzat�pi�ra to ths acquisirian sbaat�pass m�to ti�e eateni of th�st�s s�wned by this Seauitgr
<br /> "�:�;'-:;r:.`-`` Iusnument im��:priar ro�a�iz;r�i.R_
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<br /> �Y�,.��:• .6. O�,��, �'��aud�Protec�ton af��£te P�+op�ty; Bflrro�'s�I.oaa A�plisattaa•
<br /> � , . H�scdnId�. Bt�v�sriaI��y,esta63:�aud use the Pmperty as�mioHier's princ4pa!resid���withiu siiciy days�fter .
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<br />-�„z„-,:,,�,,,�.��,. s� . ,:�.�recution of 3hss Sqcuri2��.�tament add sball cominue w occapy t6e�Pt+operty as Boaower's principa!residence fas at
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<br /> -- .;. ��'=� �o� yeat_after'the d�::of occapancgr, imless lxnder othera�ise agrees in.wtfting, �v4�ich cunseat shall not 6e - -
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<br />�' �, � �` ° . i�tiasonab2y w,ithhefd.or.aaIess exteaaatutg cuc�es exisi which are�eyond�orrowerk cvsztroi..BoAav�er shal!nai "�""�`
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<br />-�. �� • ., �, , des�oy,damage ar impau the I3operry,attow the Pioperty to deteriorate,ar eommrt vraste o�tlir., ...P�pe�y. Bormvrer shal� --- ---
<br /> -_ �%��" -�- .�— .: 6e in�efau�i if aAy fqrfeiwre.acaon ar pm�c�eding,whether civl or cnmmal,is begtm that in L�ers�nod faiah jadgment
<br /> : a � ` �s • � :• ---.__.__...contd iesult in focfeiture of the Pmpeny or oti�ernise.mauxially.impa�r the lien ccea�d by�da"s Secarity�ent or . . _
<br /> .-� ���;`� . I.eader's secvrity interest Bomuwec may cu�such a'def�rlt aad teinsta�e,as pravidec�� aragraph I8. caasiag the actian : _-_ -
<br /> ---_ ,�' ,,"�` .•-,: or proc�ediag to be dismiss�d tivith'a nilmg d�in Lender�s good faith grieclades farfeimre of tke Hormwerk • ---
<br /> ...... Ac�►o�een;na_�:rre.
<br />�'`;�'n''�:��;:;- - - ��!� interest in the:Froperry'or o�zs material impaimient of thc lien�eteaLCd 6y tIus.S�itY Inctnn++�^t or I.endet�security � "
<br />�:`Y Y � ;nt.et�est Bairawer shall aLso be us de�'z*�'•t if Bmrocver; during the.,tu�agplic�ittn process. gave matedally�faise or ���
<br /> -�' � irracx�uate mformatian or statemeats to Lec�ei(ar f a i�e d to pravide L e n c t z s i��t b aap i n a t e ri a l"information)in coffiection wiih . -
<br /> �1�.. f-, .. : . -. ,r� the loan evideaoed bp the Not�. inciadia�, but not limited to,re��p�pniauotrs,c�..r.�noing Barrower§ occ an nf the -
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<br /> �.•..''• ; :.. ...';; � as a princip�l iesideuoe. If this Secmily Instmraent is ou a teasehold,Sa�iy�t�•s�a11 oompiy with.all the provisions
<br />_ • • o�2ease. if Borrower�s fee tide to the Prapeny,the teasehold and the fee uEi:�shall not merge untess Lender agrees .
<br />-- � �• • `',, to the naerger in wtiting. ..�. .`�i.
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<br /> � . . 7. Prate�?on af LeIIder's Rig�tS idi':'3he Property. If Bonuwer faits to perform•the ca��enaats aad agteements .
<br /> - . contained in th�Seeuriry Instrument,or s�te is a legal pmceeding that may significantly affr�Lender�raghts in the '
<br /> J? :,;':"' ;•; ':; ''�- PcvPertY(s�tch as�o pmceeding ia banl�aptey,Prob�te.for condemna6on or forfeitute or to enforc��;s��rs or regulafions),then ,' .
<br />_ ;,� 'c�,� '`�. :. '�� I.ender may do and�ay for�vhatever is aeaessary to pmtect dze value of We Properry and Lceder�s rights en the Pcagerty. �'� "
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<br /> . -... �:7��;����?,�:�"�.'' '_. Lettder�actions i�ag irsd�paymg any s�s secuiEd by a Gen wtuch has prioriry over this Securiry Instrument,aPP�B ,.:
<br /> °��'J��'+%°: i�court,pay�'�',�utimeys'fees aua eniering on the Ytape�ty to make repairs.Although�Lender may rake action �i
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<br /> .. under tl�is par��i�i��.�Lendi�t does not have to do so. � � .:�t,.;%_ •.
<br /> ,?� . " ', Any amo.�ei�ds�ased by Lender uader this paragraph�shatl become addifional debt of Borrower secuied by this .� '�... ih,s-°� �<,z:y
<br /> ,`• ��'..... , . Secauiry Instrument. Untess Barroiver and Lender ag�ee to other temis of paymea�ih�:amounts s6all bear inteiest from the ;:,, '.`:,• ''• �T�.;;,?=---��,-
<br /> •�'���r1::i� date of dis6uisement at the Note rate and shall be payable.with intetest.upon no�ci Ctwm Lender to Borrower mquesting . .•�,,����`���. : ��.-
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<br /> . . , 8. Mottgage Ia4uraace. If Lender required mortgaga insurance as a condition of matdng the loan secuted.by this `•�`���Fi :��:.
<br /> . : .`�_� Securi Instnuneni,Borrower shall a the emiurtu r uired to maiMain the mart e insuraucc iu effect. If,foz an • .. ..` .a. �'Wr'�,
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<br /> • :�; reason. the mortgage insurance coverage cequired by l.ender lapses or ceases to be un effect, Sorrawer shall pay the _,,:�;.�>:.�.�. � �,;
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<br />- �r ` • p:emiums requited to obtain coverage substantially ec�uivalent to the mortgage insurance previously in effect.at a cost '�� -
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<br /> "'';.;•r<,'�.',,;�,'r�,.�.,�:� ur�,�+�;r:..;� ;
<br /> .r..�� �, . � substamially equivaieat ta the cost to Borrower of the mortgage insurance previously in effec�fr+nm aa attemate mortgage' j`� "��;r ;.,: -° ` -
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<br /> �.';;�;lM1�t�:�;,�: , �;F insuier appruved by Lender. lf subs1andatly equivatent mortgage insurance coveragc xs not available.Borrower shall pay to . .<�,,�,;r�. �..:..;;,_.,;�r�-
<br /> �.fJ� ,r: L e n der eac h mon t h a sum e q u a l to on e-i we l f t h o f t h e y e a r l y m o r t g a g e i n s�u a n c e p re m i n m b e i n g p a i d b y B o r ro w e r w h e n t h e ; ��. � i;';�
<br /> - � � �n'�tr :. . insurauce covera la sed or ceased to be.in effec� I.ender will �",�'�-
<br /> ge p accep�use and mtain tfiese paymertts as a Ioss reserve in lieu . r� .-.;�:.',•
<br /> :`' ?r�:�'�::',: . ' of martgage ins�u�oz. l.ass reserve payments may no lor�ger be required,at the option of Len�LrF if mortgage insurance ��i:��_ '° ���
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<br /> ,,_;a.t:;A"' , •' coverage(in the amount and for the period that Lender requiaes)provided by an insur+er approved hy l.eader again becomes
<br /> '�� tt��`�-�',� ' available and is o6tained.Boirower shall pay the premiums requiied to maintain mort�e ins�uance in effec�or toprovide a . .,�
<br /> ��:,.6�;��;:� .'.. .:�. loss reserve.undl the cequinement for mortgage insurance ends in accordance with a�r�ti�sritten agieement between Borrower - .
<br /> ' � and I.ender or applicable law. ��� '
<br /> s'3. ' • �•s' 9 .Inspection. l.ender or its agent may make reasanabte entries upon and inspections of t�e Property. Lender shall '. � ••�5�;�.�
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<br /> �. give Borrower notiee at the time of or prior to an inspection specifying reasonable cause for the ins�aection. '. • ;�;'���4,.
<br /> �:;'c,•� � '' ' 10 Condemnatlon. '11re praceeds of any awa�d or claim for damages.director sansequential.in connection with any .,,�:. • . �
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<br /> "..:��,`��i�v}'' ,. S�C�mily—6annfe Mae/bintddk Mae UNIFORM INS7'RUM�."VT—Unifortn Covcnantc 9l90 Ipcge 3 of 6 pagesl .,�.c �
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