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<br /> -------"'�-' •� , tiCrio�s t�t�Lende�r r�qu�s. '�'he ins�r.�nse ca,rrier prc►viding th_.iresuraac�e sha116e shnse�.�yr.B�na. �z'�-< —
<br /> __ -- . II�J.'CV0.��WZ11C�6 Sh3Il II02�1C 31ri1�3S�IIDI�7 WIt�ld. I�$¢IiaWP�T�I&t0 A131AIA�FF CdVCTd$�Cfi:�iL'�l�' 3�OitC.L�dsr may.u
<br /> ---___-_ � ' fLender'§d�an.b�bi�n caverago W gm't�ct Lender�rigt�s in sh�Pmperty in�zdance wl�i�Ss 7.. . �� : , . .
<br /> --_-°�� . :": � � �1(}is�smranse pnlicies ansl�navr;Js snail be acsept�Ble�o E.endEr sasl.shall incIude A s�►�a�cl:maitguge clause. Les�der,.�'� � • ---
<br /> . sha11 have ipc right�to trotd the pa!icies and renewats: Lf I:eudss.requires.Boirower sh�P�t��►ve to Le�sler fllt rer�t�pts' ,' .
<br /> -�- t`` of paid premiums sipd naewrsl rta�ces. in tIu eveat of ioss.$ormwer st�l3 gve pmutpt.arX�ce ia,the insuiaare caasiar and . � i
<br /> = :��.euder.,:I�ende�may�maY�prtwf a+f,lass if aot msde promptly by�oamwer:
<br /> �� Unxess Lender sud Banawer atflernise agree in�vri�g,insurance p�s shalE b�a�tl3ed.to reswia3ian�or repair ef ' -= _
<br /> ihe Fmperty dam��e@.i€the.se�toration or repair is econ�mirally fensibte a�d Leader�s ser��nty#s aot lesseae�. �€=the:
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<br /> ..��,�'ak��� < . cestoralina ot iepair is,aot ecaaamiealiy feasibie or LQUder�sect�rity worild 6e lessenai,tYi�it��ace Praceeds shali 6e.' � �- -__-�----
<br /> :�,s,� s: ; �' agp2kd[o the s�ts s�cured tiy tf�s'3eomiry�ent,whetaes or uat t�eu due.wi�h�s�g e,x-Lr•.ss paid to 8:as+aw� If - __ .__
<br /> .� ��-x. : Samuwer aGaadans th�Firoperty,or•does Rot answes witttin 30 days a notIce fmm Lesu�;i&�E�ihs inscirdnce ca�ier.has . , �..�---
<br /> —�.�;��:�. . � off�aed to settie a'alaim.thffi Lender may cotiect ihe insumnoe pmceeds. Lender may use tlas.psace�ds to repaic�or res,tor�� -------- ---_
<br /> ---:___--_ the Ptopezty or to pay sums seco�red by Wis Seci.nity lnsuumen�,whether or nnt then due.Tir�3�-d�y prriod�w�l Uegin when ' .
<br /> _-- ---- thc�aottse is given. � . . :. , �. ` -----
<br /> --__----____ � Untess•L.entter and Borrhwer othe►wise agc�ee in writmg.anY s�Plicatioa of p;vice�orls ttc���incipal shall nOi extea�!os . �__--
<br /> _ _ .Pust�wne the dne dat�of the manthiy paymeats zefeaed to ia patagraphs 1�and Z or change 3ta�a.�rtat.mt of the pa�y�aents. 1f - - ---
<br /> _ ;� nnder paiagraph 21 the Property is acquaec!bp L.ender,Bmmwer'�nght to any iasutamoe p�it;irs anA piaceeds resutring -
<br /> ,t i,., from damage to the Ptaperty.prsar to the acqu�tiaa stiall pass w L�ader to the extent of ttu��ums secuied by tbis Secwity � � _ _-
<br /> ss�=c � Iasuument immediatety grior to the acqnisitime. r - ; ` � r���,...-_ --- - --
<br /> —'�'",."�� 6. U c�a s c Y• P r e s e r v a t i n a, M a i n i e n a d ce a n d P r a�ion oi ttte Pra p e r 4 y; Bare�:'s Wau A p plica4ton; --
<br /> -_-=v="°'e1:.;� � i.�a�+ehntd�. Bmmwet ahall occupy,establish,and ase the Property as Boaower's prinsip�l xesid�ise within sixtS►days aft�r —_- --
<br /> - �'� ,.. .the exeeuttan of this Sectuity�nstn�nent and shall continue to axupy the Angerty as Bazrov►e�r!s tniaciPal msidence for at
<br /> t �'�"'`� � l�ast�m�e;yeaa aftet �e date of accapaney. uQless Lender othetarise agrees in writing,:Mitis;h conoem shall nnt he _ .--_
<br /> ` -�r;�, � u�asos�a6ly with(�eld,�r�tess estenuating cim�exist cvhic6 ctre#sej(amd$mrov.EC�s canhn}. Hoc�nwer s�nalL nat _ ` �F
<br /> »�z��. d�stxoY.�oT impa�die Ptape�tv a.�low t��i[y w��s�ar3te,orean�miU�;waste.on.ths.Property. Barcawer��.•� ",,. ,c.�.�f =_.:�.
<br /> z �be n1 dp�da if eny fa�fei�e actia�c ar,'�*_roceeding,�es ciw�e��itinal.ih�.that�iit=#:�der's gaad€aitPe ju'S���:. � �
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<br /> ,��'s�. ,c<j . �aautd•i2siitt in fotfeitzt�`�¢�the�,�•ot ut�ws��:��i?Sl.y'�aa,'t��ifi`�i,�:ti�t t}��Secuiity`���rs;: r ---_
<br /> �'�`�� ` ��.ender's'sQCUrity.irlt�;:;.�os�w�erax�'��~ete sue1�:��i,.;;3i p�xvi!�}," {�s,�*�tf�.6y�g � _
<br /> t aa�r�:us�ate,a's us, �: . rhe c��� , �,
<br /> �ea�.,������r° ` +:�bt p�a�ediag to be d�-sed�vish���that rx ll:+zx�3:r's good faitb detes�zi��'a,�prectc�s�a�����HarroweYs � -�,„. -
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<br /> I ,,r ��,,t r, ��in.the Frogectq.�z�cttier inata��C.ef the tien cieated`by�Secauiry.Tm-�nu�ae�t or�Qer's&ecuriry. ����•-
<br /> j r� ';��t;:;;` �incecest.. 8ormwer s�3 aLso be in�:.fatilt if�ar�srer,,dtmag ti�e loa'u•�ticafion.pz+o�ss, gave maferi�lly False ar , `�ti �
<br /> ��`�h`� �fY��• ;� ' r }nai;cna^�r^.,.fdima�o�t�s�ments to L.eader(or f�*�w provide ix�r v�rt�:�y materia!intarmation)in ommecaon with ` �, �_�_„;_----
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<br /> $ concemitt Hmmwer's of the { �
<br /> ,�- .. ' �..fi�';�t��s�Y��ace��;i�Note.iacludin ,but aw iimited to. n=Pseseat��s $' ����Y �.� ---
<br /> �� : '�'�•`�.(�t�',�.saF�m'tt�c��paLc�idence. If this Security[nstrument is on a teasehoId,Bormwer ahaDl cAmply with a1II e�e.provisions a ,. �
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<br /> •.;±r<,..�.� .';,.,� ' , of the lease. T1 Bo:r}o��wer acqaires fee title to the Propec[y,the leasehoW and the fee title shall�merge unIess Leader ag[ees �„� ���;
<br /> "'Tf ��`P v.� '.?�, � td���r���nW1g�. -. . . �i�3 .�j .���— .
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<br /> '� � 7. ProtectIoa of Lendcr's RIghts in the Properdy. If Bocroaer faits to perk►�m.th�covenants and agneements ��. F
<br /> ry � S� P s Y B� f'' gh ,,�-_,,;—.
<br /> � contained in this Securi Insuument or there is o le coceedin that ma si flc�tstt affect Lender's ri ts in the ;:. :.:-'�P-'=---.
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<br />_ , Property(sucb as a proceeding in bankruptcy,probate.for candemnation or forFeitur�e or ro c�turec laws or regulations).then ;, �� �ti�=�-�-
<br /> '�'�"` •'��'< �� � Lernier•may do.tinal pay for whatever i.4 necessary to pmtecl the valae of the Fropeny�1 L'ender?s rights in the Property. °°�r��;�'�_
<br />-�;;:,;::,.1,.,:...:.: ,�:° �ender�s acdtins may include.paying eny sums secured by a lien which has priarity�vcr th't+�¢curity Instrumen�n,�peanng .. "�`,'''���`:°—.
<br /> ::'--�'�:•�=-�:._. :. ' , in court,payins reasonabte uttomeys'fcr�s and entcrfng an the Pra{�erry to m3k�regairs. A�thaagb LcnQcr may take ac:tion, '�� :r��-_-=--
<br /> ` �• •� under this paragrtsph 7.Lendes dces nqt have to do so. • •� ���:'�'��`
<br />'e ��-•�°•�� Any nntounts dis6ursed by Lender under this paragraph�sh�lt 6ecome additiolw! drtu of Borrower secused by this " ' -�.`'�Fv
<br />•,-''���:�.� ' Security Insttumen� Unless Bormwer and Leadcr agee to other terms of p�ymcnt,these asnar�arsts shall bear interest from the �� �� '�';'�t`•�
<br /> `�`-t�' '�'•��� � r � date of disbursement at the Note rate aad shall be payable.with interes�upon notice froa�Lrnder to Borrowet cequesting . �+�: _r-�=--
<br /> _�.�,�-��,�,:L:•�:sr.; r,;.; paymenL . ' � ��`
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<br /> 8. Mostgage Insur�atsca If Lender required rr�ortgage msurance as a canditiora oF'm�1cL�g the loan secured by this �/��;
<br /> ;.�#�! ^, --.°t� Security Instrumen�Borrower shall pay the premiums required ta mauitain the mortga�,e in3�nce in effect. If.for any �.v , •�
<br />'�;_.;;;,.-`r:,:.� := n�son. t�e mortgage inswance cove�e mquired by Lender lapses or ceases to b� in�effect. Bonower shall gay the :•.ti'- ��-:�r.
<br /> �':' p�miams required to obtaiu coverage substantially equivaleat to the mvrtga�e instu�nce pr$yiously in effec�at a wst ��" �..? �
<br /> ��=-; ,. .
<br /> � •. : substantialIy equivalent to the cost to Borrower of the mongag�insurance previously in�ffea.from an altemate rnortgage _ �`�``c "�
<br /> `°'-Y'"•�''�` �'°i%� . iasurer appmved by Lendet. If substantially equivale�rt mortgage insurance coverage is mn.available.Bomower shaU pay to � .,"'�• .� _��:
<br /> :`•6;;;,; .. ,•:•
<br /> .;,^,=t: a;�;i��?4 �:� . Lender each momh a sum equai w u�e-twelhh of the yearly mortgage insurarcce premi�an b:ing paid by Bosrower when the . , .:..��1;�;.�:;•,`'-=
<br /> :__ �-p• . ;��,�:;�;4'•.� � insuraace wvetage lapsed or ceased r�Tse in effect. Lender will accep�use and retairs these pay�raents as a loss reserve in lieu ;'r.r,'� �
<br /> - . ,=�;1�7:: of mongage insuran�. Loss teserve pay�nents may no longer be required.at thc op�'sar�vf�l.ender.if mortgage insurance :. , ,•�, . °f�, ;
<br />. ;`v'�.. ' ,'..' ' ' coverage(in the amou�and for the period that I.en�,r requires)provided by an insueer a�,xaved by Lertder�ain becaraes
<br /> -�''-``_ ' �'•.''':� ; available a�td is obtaiRed.Horrower shalt pay the piemiums required to mnintair►mrntgage+inry�nce in effesx,vr to provide a , �: . . . ...�,; '.
<br /> -,:�.:- �'•- :'. ` '. ' � toss r�serve.until tha mquirem�nt for mortgage ins�ance ends in acco:dance with any ar�ttxa agreement betu�een Horrower ��.•',. , .
<br /> t;�� , and Le��er as applicable law. . � •
<br />'�;;�, . `.�' • 9. IflspeGion. Lender or its agent may matce reasonable entries ugon artd irl9pecti,:r¢��of tt�e Property. Lender shall - , . .
<br /> - _ - ••�• : `, give Borrower notiee at the time of or Qrior to an inspection specifying reasonabte cause fa��ttu�inspection. �
<br /> " ' 10. Condemnattoa. The proceeds of any awazd or claim for dameges,dir,:ct o:ca�saecYtential.m comtection wttt�any • •�:
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