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<br />_ -- - - . � pe;ibds t�at L�.entCt r€�t�r�s,''ll�e-finsur�c ca�icr�viding�.�sis�'ss�a.dt�l be cft�3eit by Born�t�xi st�bje€t..�±�.+e�c,ie�'s .
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<br />_ .� a�nvat,which'shaft ant be�aQably�vithh�id..1fi�orsawer faits t�mai�taia cov�rli�gc d�scri6cd atluvg.tx�dt�t il�wy:at .
<br />-— ` .`Lct�d+:r s opti�n,���uv,er��tcs pr�tect;�.ea�r's�P,gRis{�r t�c�rropc�y�e nccarta�wftis�ra$c�yptt 7: ° ,
<br /> - - ° • ' Ast insuranc�pofi�i�s a�rxt ret�sis�l bc uc.�eptabt�ta F.er.�g s�rd shsll is�lude o�.a�ir�rr�g��slaus.,ti 1�er�dcr � . .
<br />- _ _ ' , sE�all Q�hve thc right to haf�t,he polieles and nncwaLs. If Lcnder�equit�ss;�ore+a�r s1�11 promptty.gi�e t4 I,�t�r a1!rEoelptY ..
<br /> - �- a�ya's�!premiums a�t cees�eewaJ nntices. In tt[�evr,�t.af tass.Borrawer r,�a�g��'�ps'mngt n�ica c�!cfic i�si�aacc cssrier.mid�:. .
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<br /> - � !enst:r. �;er.der�q m�,proof o�Mss if aat naa�e Pro�itIY 6y Horrawer. : � ._ ` `.` ,
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<br />_ � E1nless L�stder nns3 8asmwer�att�.ct�rise agtce in�vating�insurance gracxeds s�aU he�pplied w restoraEion or�epair o� ..
<br /> 'J '�� the,l�ragirty. ed, if the rzstoratt$n ar repsit is ecan.omicxilly feasible and�adea's secu�ty is aot tessene�: I€tits
<br /> --— ` msto�ar�,is n&t ec�t�om�caily fcssbte�r Irendetis sec�nt}!�vdutd be Iessen�.tit2 insux�i:ce pia�s s�all f�te
<br /> .• .�-�- �..t *.. - �- Iced ta the surtm ses�ir�s! this Secunsy Instii�ment,w�ei�ter or ttot t�ten dut�with•ariy exc�ss p�t4 Bo,'�iw��. �f - - - _ ._
<br /> ,.:e�:•.,_ aPD' �' � . -
<br /> �„� -- � Bmrower abaadons the I�togerty+'or does'not answer.within 3�daya s notice ftam I.enQ�thaY tPie�n�++�n�carrier irds , •
<br />- `� offered m settle u ctsum.tf�e�s Lender ai�y cQlfect ths tasnrauce pro�eeds. Le�tdea may use the prvee�ds ta repair oFrr�oace. —
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<br /> - - the P+'uPeriY or to pay swns secured�y this 5eciuity EnsvaDieat.whether ar not then due 'ihe 34-Qay periq�will 6egin�vhen '
<br /> ' � ttae r.otice is given. ' � - • � • } ` .
<br /> _ . Untess Leader and Bamaw�r atfiarnise a�ee in writiag,auy applicarion of proseeds to QrinciQat s1�nsst exte�d or .
<br />_ � Postg�o��e the�e date of the moA�Y F�ems tuferred to in para�eap�s 1 aad 2 or chat�ge tite amwnt of We payments. If.
<br />_ , .ander patagraph 21 the Property is acquirAd by Laadet,�mrawer�s righi to azzy u�surance policies aed p'mc�ds reseIting
<br /> -`*- - � #ram dama�e to the Ftop�itY Prior to ti�e acqui�ition shalt:pas's us Lender.to the ext�nt of the sum�secaied b�r this Securiry `
<br /> - � � �� ' �nstnmtetu itnmediately pzior to the acqUisition . . .
<br /> ' . 6. O,ccap�+eY. Preservattoit, Maint�aance and Pratecfiton mf tfte Pcopertp; Bosrawer's LoaYt AppfYe�#on; ' .
<br /> - � i.easehotc�s. Borrower siial?accajsy.espbiich,and vse t6e Pmperty as Borroa�ex�s principat residence arithin sixty days after
<br /> s�_�::��,--,�-:�,..-� , t�e ezec�tion of this Soetuiry InstnuIIent aad sgtal�continue to oc�cupy the Property as Bqrrotver's priacipal sesidence for aE _
<br />-���;;T;��=�:` -:�:�r�^ least one year after tH� date of occupancy, ualess�Lender otherwise agrees �n writing, wl�ich consent sHall nat be . _
<br /> a..�`°'�^�;°`.'•,.. �mxeasonably withheld,or unlesc euenuapng cuc�unstances exist w6ieh ara beya�nd Barrower's 5onuol Bm�tower shall.not.
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<br />- -���r:,.,_; de or air the .allow t�te to de�riorate ar commit waste on W� Boaower s�atl
<br /> _r�.,,::�"��s�: s3�c+Y,dama$e imP PtoF,enS' , Pm�enY , .
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<br /> ° �-�- ....__..be in defauIt if any forfeitare acuon or_piocxxd�g._vchether civii or caminal,is begun ti�at ia Le�der�goo� aith,Eudgmemt
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<br /> could result�i�fort�itiue of the PiopertY or otherw'ise maiedally�impair the&en cmated tiy this Secarity Iastmment or
<br /> �:'��- :•-.•-`�"',:" � Lendet's secarity inteiest Bosmwer may cWre such a default arid reinstate.as pmvided in 18,b causin the acfion
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<br />� ��`��"7,��:~`',..•,, . or pnaceeding w be dismissed with a niling thst,in Lender's gaod faith detemtinatinn,Pnxludes fa:feiture of t1t�$oaovuer�
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<br /> �r.;:;>:.: •- inset�st in t&e 1'roperty or oWer inaterial icnpaimient of the lien created by this Securiry UisOniment or l.ender's securlty -
<br /> .'` � �TE��:`- • iate�es� Bormwer shall also be in defas�it if Bormwer. during the 1oan application process,�gave maoeriaUy false or . -
<br /> ',�%�,��.+_� . ..�:-� inaccurate information or stateineaes to tender(or faited to provide Lender with.any fnaterial iufosmation)ue coiinectioa aith
<br /> �'Y`'`.'��;'�:.,-,' ,; the loan evidenced by the 1Vot�, including,6ut not timitod to. iepresentations conceming Borrawers occupaacy of the
<br /> � � � Property as a principa4 cesidence. If this Security insuument is an a leasehold,Borrower shall wmpJ}�with all the provisions -
<br /> '��`� • �� ', ''= '' of.dze�iease. If Boimwer acquims fee tifle to the Property,the leasehold and the fee due shall not metge unless Lender�grees
<br /> - -- - : Y�';: �;r- �.�'m�er in writing. ' ' . . _
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<br /> ' � '1. Protectfon af Lend�'s:�ig�tg in the Property. �f Bax�ower fails to,pez�ncrn the covenants and ag�nents _
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<br />- . . . '• cqntained in this �curity Instr.is�ent, dr there is a legal proceeding that trray signifcandy affect Lender's rights;fi�the
<br /> �,,;;; -;..:'_.;.��: ' � Praperty(such as a.graceeding in bank►vptcy,probate,for condemnadon a��nue or to enfo�e laws or regutauons),then �_�
<br /> - - . r.. r �.LendQr may do and pay for whatever is necessaty to protect the value of ffr.�Froperty and Lender's righis in the Propetty. �,.. �
<br /> . . � L�eteder's actions maX irsctude paying any sums secured by a lien which has priority over t his Security i nstrumen��aring __ F'
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<br /> . � , , � in c�a�paying reasonabie attomeys'fees and entering on the Property to make repairs.Althong6 Lender may ta�e�ctson ` -?}
<br /> � . • � uader this paragtaph?.Lender does not have to do so. , v"�"�
<br /> � ' � Any,amounts disbutsed by Lender under this pazagrapb? shall become additional debt of Borrowqr secured by this T;`�'"_'``-;�;y `
<br /> r` � ��� � Secari TnstrumenL Unless Borrower and Lender� to other terms of a ent,these amaunts shall't�interest�from the M:' '
<br /> - . date.af dishursement at the Note rate and shall L�¢�able,wlth interestPupon nouce from Lender to�es�vwei requesting ";".�`•��-',="�-�'�"
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<br /> '�ts �•� t�:' Mortgage Insurnnce. if Lender requiced mortga�;�►nsnrance as a condition of making the toan secur�by this s�'�---
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<br /> � � ``"��'" Security Instrument,Borrower shall pay the premiums requized to muintain the mortgage insurnnce in effect. IP.�ar any =t'a�, �•1„-.—
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<br /> ''"`-�`'``�'' �� ""` . teason. the mortgage insurance coverage required by Lender lapses or ceases to be in effect. Borrower shall pay th0 �"='
<br /> ' Premi recl � Y�W �S P Y � s4 -��`�`;�'ue�_
<br /> ums uired to obtain covera e substantiall uivalent to the�rc a e insurance reviousl �n effect. at a co f-�.'�:1;_._-_�—_-=-_--,°
<br /> � �° � � substantialj uivalent to the cost to Bort+ower of the mort a e insu�xce viousi m effect,firom�:al[emate mort a e �' '�'°�x��_=�_ -
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<br /> . ' � insurer approved by Lender. If s�ebstantiafiy equivalent martga�e insur.,nte coverage�s not available.Borrower sh�EII pay to ;� :1- �yeo --°'
<br /> " ' LeRder each month a sum equal to one-twelfth of the yc�rLy moa�age insurance premium being paid by Borrower��n the ��'��"'"
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<br /> - � ss rese�e in lieu . -�.;:..�:�'�
<br /> "�,�� • •,. . , insurance covera�e lapsed or ceased to be in effect. Lender F�l��ccept,use and retau�these payments as a lo , ;,;•..�:,,�:�.---
<br /> �•'`� � • of mort�age insurance. Loss reserve payments may no longer be rey�►i�,at the option of Lender,if mortgage insurance � =
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<br /> •:�r.•;�• . '. � , coverage(ln the amount and for the period th:s 6.ender requires)pmvided by an insurer approved by Lertder again becomes � ; •:.;:,.���s?�
<br /> available and is obtair[ed.Borrower shall pay the premiums r��ired to m2sitain mortgage insurance in effect,or to provide a • � • ''`. .
<br /> �.��','�;'•'',;;'�' loss reserve.undl the requiremenc for mortgage insurance er,ds in accordance with any written agreement between L€orrower. , ',�'� �
<br /> . ���.'��,�.� . andLenderorapplicablelaw.
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<br /> •� : 9 Inspect'con. Lender or its agent may make reasonaL•Ie entries ug�n and inspections of the Property. Lender shali •
<br />._ • ' give Borrower notice at the time of or prior to an iuspecqon specifying re�e�able cai►se for the inspection. .. '
<br /> 10. CondemnatEon. The proceeds of any award or claim for damages.ditect or consequential.in oonnectiort-with any • '�'�'•?�
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