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<br /> ��-�`"�� . � � istsuttu�cazri�r mvidiu the insiarance sIutll.t�chu'sen by�osxh�ver satty�t 2t�T.ea��s �. —
<br />�,�,f+�_.�, ' .� peaiodsthatbendernqaises, 'fha P g — -_—_--
<br /> - :s �-- �i�s,`nt���s�=��i� r n ,If��er.�s Lo R�amta�C4vCia��d�xl'be��h9ve.I�d�s ma�t�_ - r —-
<br /> ��" �r��;�° � Lea�de:�s o�tian,�D+.n9n oov�rage to pmtect Lender's�ights in th�Piaq�tEy e�us�n:daacc�rtth pa�&tapli 7. .
<br /> � • tv�:,r All in§ur.uice p�►l�ci�s and��vals�Fhalt b�ac�eptabYe ta i.ender aa�sball inclecde a sP�ttd�}tnortg�g�clause. Ir,.�der . '_ .
<br />� � '1� , . st�all I�ave tt�e ri�ht to ltofd the polfdes mul ran.ews�.g..if L�nder te,�yuires,Boirc�wet s�all pz�mptiy g�+e ca�aa.l ttc�ipts.,.��
<br /> of paid pxemiums�nr�tenewal�n�r�s. In the eveni of loss,B�rawer si�at1 giva prompt s�qtioe m du i�suYaacc cafficr aad .
<br /> ..�.�=��,"_;�� � • lai�er. I.eade�may mak�pmnf of lass if�not made prosnp8y bg Bo,rcmvex � • • . •
<br /> .�`.��'F:`''�` =.� . Unl�ss Leader a�sd Bamower otherwisz�ree,in c�ting.msv�ce prnaeeds s�ia11'be app1ieA co%�stdrdtion or ct�ias t,�f . . �
<br /> -f�� ���`�., th�`properly damaged.if the r�stoia�tion or'repai=is econamiic"aiiy feasi'SIe sad I.eaderis securi�y is not l�sse�ed: .If ttt� _
<br /> . �, ;
<br /> - -'"_{ -..�-. .` rea^tosaaan or,repag is nrrt�aami�IIy feasibie.or Lender�security wanld Ge Ie�eae�.the insuraus�prateeds sl�ali,is� ° `
<br /> -. _ _� _. � agpli�d ta ttie sums secared by t�Se�zity tnshuwuent,w;�eti�er or aat th2a du�,w�t anp e�s�ac�ttt�ret'�' - ._., � ._ _ .. _..
<br /> ..��y .,. t } �onawer ahaadons the FropertY.or dnas nat answer wNithin 3Q d�ys a nofsce fm�a i.enderibat tt�e insuraaee e�eier 1t�s ' .
<br /> A;c.��`'.=:. .;-,.= vffered ro settte a c1�im,then Lecder may coliect tlie ims�nce pioce�ds. •Lead�r taay use the prac�eds ta repait or es"stort
<br /> ;;�!;�:';�^.?•;•;��'^` . t�e Ptagetty or to pay sums secmjed by ttis 6ecariry Iflsu,nme,�t.arhether or eoi thea dae. 'Ihe 3t!-�fay period e+ill,t�egin whea .
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<br /> _ ��f'jb':`':=�=� iI1E tt0I1CC IS glY@A. .
<br /> ,:�3Y,c°.�,;`;;; . , � Uril@SS LCIIdCf 3IId Borcower oskecarise ag�ee-��xuftbog,any appiieation of proceeds w priscipat svati not exten�cr � ,
<br /> ,:�'�s;r=�`_•�- . gostpone.die due daie of the manthly'payments cefercc�d fo in patagtaphs t aad 2 ar e}iang�the amaunt uf the paytncius. If, : ,
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<br /> Y . .°.z?"�� , Bnder pm�gtap6 21 the Pmgerty is acqaiRd&}r Leusie�Soaawer�s tig�to any ins�uaace poticies.•and gtoceeds r�suuin$
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<br /> ,,., :`r�' ,�. .. ftom damage co tha�toPert3+P�}or to the acqn1�++*�*+si�all pass to Leader W the extent af the sams s�d hy tBis S�y
<br /> ",`, _ ;'`-'u Instnmientimu[ediatet ortothe uian. . : , .
<br /> r= '� � �" �� Y Pn aaiuis , �"
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<br /> '-�- `:��-`: 6, Qcatp�ncy, YreservaHoa, Matatenaase aad Prat�tion of the Froperty; �orrawer's 1.�u-=APB��+ .
<br /> -� ; x=: ' ��'�-:.` Leasekoids. Borrawer shatl ocatpy,establish,and nse the Pmge�xy as Borrower$p�ipal msidence wiihiit sia�y days a�r
<br /> �`��,X;'.:�'�";-.,,,,';; the execation of this Security Listr+iment and shal}c�n,bmn�w occupyt the Pmpetty as Yimmw�r6 princiQal cesideute for at�
<br /> .�. «. .
<br />-- .._ .° .� : teast ane year after ehe date of oxupaneSr,,imlc�.::u.ender affie�cvise agnaes in'writing, which conseut s�aki nQY he
<br /> -'.;.��•;.,.;.:`:!"�•�'.'. . � umessonably withhe�d,or uniess extennaiin8 cu+c�r�."���es exist which are beyoad.Borrawer's cantrol. Borrqwer shatl.acn
<br /> = ` ,.`� .��. destroy.�age or imgair the Prop�erty,allow the ff�.�..*ty to deteriu#ate.ar commit wasLe ou the Pr+nperty. Barmwer yh�11 , ,
<br /> ---° � _ �:.�-�',�� be nn def�12F3�eny f�feititte action or proce,eding,w�i,ether civi!or c�m�al.is begtm;thas in I.�der's�ood fa�h Ndgaeat . .
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<br /> •� .�: --.----�--couI�resnit itt forfeinue of�the�Property`or bthetwise snaterially imgair the liEa cies�d by tl�is S�'� I�st����
<br /> ', � i ;k, r` Lender's seciuity inteiesG Borrower may ciue such a default aa�1 remstate�as pmvided in parag�ph 18:by c�ng�he acrinn � .
<br /> . or proceeding�be disrr�issed wiBa a mlaig that.in Leader's good faith determu�atton,precludes fotfeiture of tire Baisawer's
<br /> .',' . , inte�est in the Prop�rty or other material imgaument of the tien c�ted by this Secutity Insuament or L.ender'�r,eecui�y .
<br /> ---- --�_�."� intcrost Bortawer sball alsd be ia.default if Bmrower, dw�ag the loan appGcation pmce�s, gave matecial[Y.faIse:at�
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<br /> - � inaccarate info{marioa or statements m Lender(or fa�led tn pmvide Lender with anq mateiial infa�rlation)in cannectian cs�`�'•' ..
<br /> • . � � t6e Wan evidenr.ed by the Note. inclnding, but not limited to, repres.,°ntations canceming Bmr.ower's occap�ncy of tlie .
<br /> `. • . Property as a principalnesidence. 1f tbis Security Ins �*�+ ^t is ori a leasehoId,'Boaawer shall comply�with at�the psavis�ons :
<br /> . '. ' of the iease. If Bmro�*ier acqnires fee tifle to the Fmperty,the ieasehold and the fee tide shall noi merge�tess Lende;ag,a�ees ,
<br /> . . to the merger in writing. ' � � � .
<br /> � 7. Protectton of Lender's Rights in t6e Pro�erty. If II�sower fails to perfor�the caveuazrts andag�ee,mp.nts ' ..
<br /> ��•.. ..,`.�, � . ccntained in this Security InsunmeN,or there is a tegal Pioa3isic?g thai may significanily aff�ct i�endei'�s righis in r�; ,
<br /> . . `: �pmperiy(sach as a pioceedtng in bankn�ptcy,probate,far coh�.'�tion or forfeiture or to enforee laws or,cegulations),t�}° .,
<br />_ . • `...'i.ender may do and pay for whatever is necessary�rn,pmtect ftie valne of the Property and L,en�der's rigtd�irrt,the Property, _
<br /> �• � � '; Lender's actions mag include paying any sums sea..�iry a Fcea which has priority over this Sgc�#�:.L��.�pg�g , '�""
<br />_ � - . in court.PaYin$reasonahle attameys'fees az►d eateruig ar►tke.�i�rty t�m�e repa�s.A�:�s�%�'?�y ta&�actinn
<br /> ,F, : ,. . under this paragiaph 7.Lender does not have to do so. ' .. . � • : , —
<br /> • ' Any amounts dis6ursed by Lender ander dus p2sa�aplt.7'�U become additional debt of Bomos�secured by this
<br /> . '.'_ Secnrity Instrumen�. Ut�ess Borrower ar�d Lender a�ro o:.�es Ler�ns of payment,these amounts shalt b��terest from the . _
<br /> � �� ��•�. ,. date of dis6wsemeni at the Note rate an:!shall be g�able.�vis�intemst,upon notice from Leader to�emu�ver requesting .
<br /> • a ens. . .� . -_
<br /> , • •.,.x. , • p 8. Mortgage Iasura�ice. If I.ender cequired mortgaae;ul.=irance as a condition of making the Iaan secuned by thiis. �
<br /> • ." � Security Iastiument, Bomnwer shatl pay the premiums requ'sre�t�maintain the mortgage insurance in effect. 1f;faz a?�3� —
<br /> ;`.;:'�.. . :.�..}"� reason, the,mortgage insursince coverage �eqain:d hy LendeT tapses or ceases to be in effect. Borrower shall paY:!!?� _
<br /> r
<br /> ' � � � - ptemiums mquired tu obtain wverage substanriallp equivalent to the mortgage insumnce previously in effecb at a.obst ___
<br /> • , substantially equivalent to tIIe cost to Borrower o�dre.mortgage insivance previousty in effect.from an slc�mane martgage � � __-, ,_
<br /> • � � � insuter appmved by Lgnder. If substantialty squivJ.ta:t mortgage in�urdnce coverage is not available.Boaa�sei shall pay to i--�-_
<br /> '`�`� � • Lender each month a sum equal to oae�twelfth of ihe yearly mortgage insurartce premipm being paid by Barca�+er when tlie
<br /> ,' .���s`,i� ��.
<br />_ . :.,<•�. iasuiance coverage tapsed or ceased td ise in effect. Lender will sccept.use and retam these payments as a loss meserve in lieu _���a' �:. .,;;�-�
<br /> '. ' � of mortgage insurance. Loss reserve paymenu may no longer 6e required,at the opdon of l.ender.if�art�age insvraicce -=_
<br /> �� � • coverage(in the amount and for the period thai Lender requic�es)provided by an insurer approved by Lerdrx�:,�ain becames • �. "�`"�"�
<br /> . � ::`•�•'...:-,- .
<br /> '--;�_�::P ' :: ', • availabte and is obtained.Bbrmwer shall pay the p�niums requaed to maintaui mortgage insurance in effea'er to provide a , ,:�'�Y- �- •
<br /> � lou reserve,until the iequirement.for mortgage insurance ends in accardance with any written agreement berween Borrower .
<br /> :,:,,• .. and Lender or applicable taw. ' � „ . . .
<br /> - 9. anspecttoa. Lender or iu agent may make reasona6le entries npoa and inspections of the Property. Lender shal!
<br /> . ..�~�� �.• give Borrower nodce at the time of or prior to an inspection specifying reasonab2e cause for the inspection. _ •^• ,
<br />_ � 10. Condemnatioa. 77►e pmceeds of any award or claim for damages.dimct or consequential.in connectiun with any . .. .
<br /> _ '�,i. • . �+:..�•��I , Single Family—FBnnie llfae/Freddte Mac(JNIFORM iNSTRiJMENT»Unifomt Covrnants 9/90 ICage 3 oj6 page�l ' ' ' .
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