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<br /> . . � $..��ag.Fr�p� Ilm�ce. �airo�er`�.hall.li��.ths i�ptaveme,�s���+r�e�sring ar h��aftcr c��tai aa ihe .
<br /> ` � �`�a�;,-rty,.ins�ared a�ainsE tass by fii�.i�azas����ctit6�!wltt�in.ihs teim "�tcsxl�caverz�°�nd aay oihe��ba�rc3s:i�taiudIug
<br /> � �t�unds at itoadiag.farwcaich�ender r�qaires ezts�ct#�ace.1`his in��ia�ee si�lll�maintai�cd in the s�au�ts gcsd fn�tti,�p�iads _.
<br /> t3�at[�rider seqttises.'tRe izcsuruac,�e caq[ier pmr+iding tt�e�nsurauce gl�atl 62 ctiosen 6y Harraw�r snbject to Leader's�gpmvaI � _
<br /> . _ . ,w�+i�tf��.is�t 6e unr�asnuabty Kithheid. If B�m�arcr fails.tv rnainwin ca`vtr.�e des�ribr�aPr�ve, E.eR9er may;,at,L�n�'� _
<br /> � __._�Y.:_,.-- - -��...-�,,,°s'sti o'��t-zs�se . :a��.with �,,.��t�7. , �
<br /> •- .- Y�nrrr. `t+u�, iSF51c"'I'°g"Y.i.�;!'aY.`�v+�r - '�°` ,�` Q'� . .". . . ., -._
<br /> i4I11n,5vrancz.pu7Ici�s uad teaet�ats shul��he acc,prnbFe to.L�nder a�shnll iac�vate a sta�d3Td mqr�a cl�ce.,f� , '} --
<br /> shn19�ve tfar,d�Ftt ro'hold,tDe pa9ici�.s aad mnewuls.If E.ender cequir�.Borra�r shall proazpdy give to I:emder ati receap�s of _� _
<br /> , � . P�d premiums a�d ren�tivai�+�.res.`in tt�e event of loss.B���iver shail�ve pmmpi notice co the inN�*�n�carrier an3�nder.
<br />.. ,� ::#�c.+ci an�an-ake�iianf of Io�s if�at�e gmm�tly by 13nrrnurer.. , . ` . � . . -_ .
<br /> " ` Unless; 'Lendgr ar.d�rro�vet athenvise as�ee in�riting,insurance prooeerds sh�tl�be appii�d to rc�tarat�ori ar regair of ths :
<br /> . PEVperty dam�god,if the resrotallon�r regair is osonomic�lIy feasible ansi Lender's s�curity is"not lessened.If tha restoratian or
<br /> ' r�gair is nai�cmnaft�c,ally feasi�ts ar�ttler's seauity a�t�d�se tess+�ed,the'roraranoe pmc�s sh�tl 6$apglied t+o the sums
<br /> setnr�by t�:s Secutity Instrua-�ni. vlhetlt�r or�noE�ih:.n dne.witt+ aay exass paid to Eorrmver. If Borro�ver atsandnns ths�
<br /> - Praperty,os does nat'answer withiri 3U days a aat�c�fmm.Leader ti�i ttte insurrnnae catrier has offerrd ta settto a claim�then� .
<br /> L�der may:rod.trxt:the insuramce proee�ds. LeadeT m�y use the promesis to repair or.restar� tha Pmperty'or w�PaY �
<br /> seau�hy t6is Secusity Iasimment,whet&er or Qot ehen due.'fhe 30�6�y;p.�ial wi116egin�vhen�tho natica is��var:
<br /> iTn,ess L�d`r aad �orrower othernvise agr� in writing, arry a�p]iratioa of proaeeds to �utcipal shall not extend or •
<br /> p,asspo�the dae dats of the.mqnd�IY P�Y�����to en Par�raPhs 1 and 2 or�change the ammmt of the payinents. If .. �--
<br /> ' ' ��R��Ph Zl'the Pmpe�yr is acquired by L�ief,Harmwer's right w an}xnsurance pollcies aaid proreeds r�ilting�rom
<br /> d2a�$e w tbe.Praperty priar to the acquisitioa slialt p�ss to Lender to the extent of the sums secured by ttus Se�stirity Ins�trument �
<br /> • ' irrtm��i;arPty priol t0 t�E SL'QuiSitI011.' -_ .
<br /> f,,Qc�gancy�Pt�rvatfon,lVffaintenaace and Prote�tinn oP tF�Property;Sormwer's Loan Applla�tioa;Leasei�ids.� , �
<br /> Q,a��}�r shall occapy,establish.and¢se�the Prape�ty as Borrower's priucipal reside.nce wiUun si$'ty d9ys aRer�the executi�i¢�f
<br /> � t��S6ecnrity InstruIIient aad sl+all oontinne ta ese�pY tbe PropBrty as.So�wer's prineipal residence for at�[east ane year�ger..._. �
<br /> . t�e date of ocatpaaey,uniess�I.ender ot@erwise;ugt�es in wriuing.wirich consent shaU not be unmasoaabiy crS�hetd.or wniess --
<br /> .extenuating ciraimstances exist which ar+e beyond Barrower's oontrol. Borrower shall nat destruy. damage�r img-,�;iY�e
<br /> � Property;ailow the Praperty to deteriotate, or rnmmit waste on the Fmperty. Bosroa+er shall 6e in default if azty fork'ei�re
<br /> action or prooeeding,�+rhetfier civil or criminal.is begun thai in Leader's good•faith ju�gment conId result in fwrfeiUUe of the , -
<br /> Pcaperty or atheivr+ise materiafly impair,thg lien cre�ted by ttus Security InstniQient oi I.ender's seauity interest.�ormwer may � '
<br /> cure sucli a dei°auIt and reinstate;as provided in paeagraph 18,by causing the actio�or praceeding to be dismissed with a mling �
<br /> that, In Leader's good;faith determination, precludes'forfeiture of the Boao�se.r's�interest in the Propertyr or•other matetial
<br /> impaim�e�t of the licm cr+�ated by this S�curiry l�stnunsnt br Le��s security interest. Borrowu shall also be in def�sdt,if _
<br /> Bornower,durirtg the loan application pro�ss,gave materially faL4e�oi anacctuate infom�ation or staizmenis to Leuder(or.Eaii�d
<br /> ' tx�pmvide Ixndec witis any material in�ora�ation)in connection nrith t3�e loan evidenced by the rTote, inclu.ding,but not limioe�l
<br /> to,represen4atIons concerain,�Boirower's aocupancy nf the Property.as a principal residence.If th9s Security Instrumeni.is on a ��
<br /> teasehold, Borrower st�all oomply witli all the provisions of the 4ease. If Borrawer acquires fex title to t$e Fraperty. the . _
<br /> lease�otd and che fee tide shall not merge unless I:ender agmes to t���terger in writing.
<br /> 7.1'rotec6ion of I.entTer's Rlghts in 4tte Property.�f Born�a�er�ails ta perform the cnvenants and agreements wntained in, � r-
<br /> this Security Instrument, or there is a legal piviceeding that may si�ificandy affect L'endePs rights in the Prapercy tsuch as a �'-�
<br /> proceeding in banlaupicy,probate, for condemnation or forfeiture or to enforce laws or regWations),then Lender may do.and �=.
<br /> pay for wLazever is necessary to pmtect the value of the Proper6,y and Lender's rights in the Property. l.ender's actions may
<br /> include paying atry �ums sea�red by a lien which has priosit�'csc.�r this Security Inswme�, appearing in court, paying
<br /> c2usonable attomeys'fe�c and entering oa the Praperty to make r„�u{�:Although Lender snay take action under this pacagraph
<br /> . 7,Ixnder daes aot have w do so. ,
<br /> Any amounts dlsbu�spt+t.�•by Lcnds�r under this pa:agraph 't����.1 beoome �dditionat debt of �orrou•�secuce+� by this
<br /> :�.�urity Ins7tnmeut. Unless Borrower ar.d i.ender agree to other.t��,of payment,these amounu shall be�interesc fcom the
<br /> ; date of disbursement at the Note rate�l sha11 be payable. �vitJ�iai:'erest, upon notice from Lender to BflrroweT req�.,.,,�ang ' �`
<br /> � payment. • ' � �`�'
<br /> 8,hi'��e Insurauce.If Lendei iequired mo�age iirsa�w�ice as a condition of making the loan sQCUred by this Security
<br /> � .�:,suvment:•Borrower sFr�1:�pay�tbe premiwns reqt::.Ta�.to maintain the mortgage insurance in effect. lf,.for any reason.the
<br /> �• inortgage insurance ca1,.d�z:�^°..qui�ed.b�:i.ender la�.,�s�r ceases to jae in effecx.Borrower s}ial!pay the pre'tniums required to
<br /> obtain oovetage subsleici�=.�'.�y'eqsiva!��t�,,the mortga�,e incnr�no:.��vfously in effect.at a wst substamially equivaIent to the �.;:
<br /> � � cost to Borrower of the rcr,i^'tgage zn:Uat�previously in eff�ct, i'.rrrn an altemate mortgage ir,swer appinved by l.end.�. If
<br /> �substantially eqnivalent t�%�;age insnr����covera�e is not available,Borrowcr sh�ll pay to L.cnder each manth a sum e�-.:�i to
<br /> one=tc�re}fth of the yearty�ecrtgage�nn,r��p�miv,m f;�ing paid by Borrower when the insurance coverage fw;psed or ceased to -
<br /> 6e in effect.Lender wili'4�vept.use and retaiit these�i�:nents as a..loss reserve in tieu of mortgage ins�>:ce. Loss.reserve ,
<br /> , ; � , . Form 30.�$..a:90
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