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<br /> perIads t}�at I.ettdcr ecquires. '19i�insurunce ccrricr pri►vlding die insurnne9 fihcsil Bc cL•nsen by I�urruwer:�ubfect t�l.�nderk
<br /> " a�pi»val whtch ehall not tse�nncasonably withlield. �P Horrower fails w mnlntaln covernge d�cribed abovc.Lrndec may.at
<br /> Lender�opttcx4 obtaln cover�ge to proeect L�cn6er9�dghte in Ihe Propeny in accotdance w,tth pamgraph 7.
<br /> All insuranco palicie�end renewalR rhAil be�cceptabla,ta�i.ender and shaU incl�do a sw►d�urd mort�oBe cl�u►se: l.a�der
<br /> chAll havc tht dght to hold the policies and rcnewals. IP I:cndcrt�utres,Bortowm shaJ!promptly give to I.tnderell rcceipta
<br /> aP puid prem[ums and anewal notisea. ln tho event af losA,Bortowa et►all glMe prnmpt notko m the inwtuico carrkr and
<br /> I.cnder. [.et�ior mny make proof of loss if nnt tnuJo pmmptiy by�orrawcr.
<br /> Unless Lertdar and Barower otherwi�e agteo in wdting, insunmce prncad9 shall bo applied to re.rtoiatioei a�-r�:p+i►uf
<br /> !he Pro�erty damaged.if the Kstontton or cep+�ir is eoonomicaDy fe�slbla and L,�ndorb secudty is not leasened. If the
<br /> �storct�on or rop�ir i�not economlcnUy feaglble or Lenderh securlty would be lesscned.the 3nsurance proa�eds sh�ll be
<br /> appUed to the suma suured by thia Securlty Inswmcnt, whether or not then due. wtth eny exccss pa�d to Hamwer. if
<br /> Borrowcr abandons the Pcnperty. or dcea not anawer wtthin 30 daya a notice from Lcnder that the insuran�e eardtr hn.i
<br /> offered to settic n cluim,then[.ender mny�ollect the insw�ncs�prncGeds. Lender muy use the ptoceeds ta repair or rcstaro
<br /> the Property or ta pay sums secund by this Securtty lnstcument,whether or not than due. 'R�e 3E�day pertod aiU be�n when
<br /> the nodce ia�1vea.
<br /> Unles.9 Lender rind'Bomower otherwise ngtrB In writ�ng.ony applicatio»of pioceeds to principal shall not extend or .
<br /> postpone the due date of tlte montQ�ly puyments nefemecl to in parngrnphs [ and 2 or chenge the amount of the payments. If �'
<br /> under parngrnph 21 the Property is ncquired by Lxnder,Bomowerk cight to nny insurance po11c1es tind pmcaeds resuiting
<br /> from dcunoge to the Pmperty prlor ro the acquiaition shull pa.gs to 9a�der to the extent nf the sums secured by ttiis 3acnriry
<br /> Insttument immedIntely prior to the acquisidon.
<br /> 6. Occupancy. PreservaHon, Ma[ntenAnce and Protectian ot the Property; Borrower's Lo�n Application;
<br /> teasedaWs. Sarrowcr shatl occupy,e.gtablish,and use tlse Property as Borrower�s princitrat re.cidencc within siuty daya sRer
<br /> thE executlon of thIs Securlty Insp-ument and shall contlnue to ocenpy the Property as Bomowerh principa!residence for at
<br /> least one yes+r ufter the date of oecupancy. ut�less I.ender otherwlse agrees in v�ritin�. which consent shall aot be
<br /> nnmus9nubfy wtthheld,or unless extenuntln�circumstances extst which�e beyond BorrowcT�control. Borrower shall not
<br /> destroy,dumage or Impa[r the Pcope�ty.nilow the Pmpeitar to deteriorate.or commit waste an the Property. Bfl�rower shall
<br /> „-. �::, ,,. be in default if any forFeimre acd�sn or proceeding.whetherclvil or criminul,is begun that in I.endar�s$ood faith judgment
<br /> could result in farfeiture of the Property or otherwise materi�lly impair the Uen created by this Securlty Insdvment or
<br /> Lender�secioriry interest Borrower may cure such u default arnd�inrtate.as provided jn paragraph l8.by causing ttte ection
<br /> or prooeedins W be dismLssed with a culing thnG in Ixnder�good fuith determ�nation,pnecludes fotfeiture of the Bartowerk
<br /> '�" '�'��•.� interest in the Property or other muterIal impairment of the Iten creuted by this Secnriry Instrument or Lender�s secwrity
<br /> .. interesG Borrower shnU nlso be in defnult if Borrower.during the loan s►ppltcation prncsss, gave maurially false or
<br /> �� ���`� +�, Innccurate informadon ar statements to Lender(or failed to provide Lender with eny matedal information)ia co�ectlon with
<br /> �,�fi.�k�'-�" the loan evtdenced by the Note, including. but not limtte� to, rapresenwdons concemIn� Borrower�s occupancy of the
<br /> � . . ProPertY as a principni residence. if�his Securiry Insccumem is on a tC�in,SJ.Soro�ver shaiS compty sv3sh aH itx�SSrn3siacs�
<br /> '- !'r;��'F''''�^',,K' of the lease. If Borrower ucqutres fee title to the Pmperry.the teasehold and the fee t[tle shail not merge untess Lender agrees
<br /> -•'';.�;:�•��ti�•"• ' w the merger in writing.
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<br /> =�;?`��,''. �=.A;.;�r. 7. Protection of I.en�er's Rfghts in the Property. If Borrower fuils to perfoan th�covenents and agrecments
<br /> L�.;::• �--•'{;����;. contained in this Securiry Instiument. or there is u legal proceEding that mc�y slgnificaaUy affect I.enderk righu in the
<br /> r'�•�''�' '� ' Property(such ns a procceding in bAnkrupuy,probate,for condemnntion or forfeItune or to enforce laws or reguladona),then
<br /> �"t;�•�.a�.:- ' .�'�': I.ender ma do and u for whatever is neces tu rotect the value of the Pro and Lender�s ri ts in the Pro
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<br /> �:+r�c���..;;,;.,:.:.,..��.. Lender`s actions mny indude paying any sums secured 6y n lien which has prioriry over this Security Insuument,appearing
<br /> .vr�;;r��:;.. �:;�r, in court.paying reASOnable attomeys'fees and enterin�on the Prope»y to msdce repairs.Although Lender may take acdon
<br /> ;�;�;,,;,��. . ;;.�„ under this para$raph 7.L,ender does not have to do so.
<br /> �r-•• My amounts disbursed by[.ender under this parngroph 7 shall become additional debt of Borrower uxured by this
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<br /> � y�.: �r • i Securicy Instrumen� Unless Borrawer and L.ender s►gc+ee ro olher terms of paymenG these amounts shall bear interest from the
<br /> �"`'"'^'�-�"'�~�� dnte of disbu�sement at the Note aate and shall be�eayable,with intere.�t. u�n nodce fmm Lender to Borrower requesting
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<br /> �='r:»�•w•�:.;�=• ; 8. Moctgage Iasurance. Df Lender i+equired mortgage insurance as a condidon of making the loan secuned by this
<br /> •��v••:�- Security Inst�umen� Borrower shAtl pay the pmmiums required to main►ain the mortgage insurance in effec� If.for any
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<br /> .'fi� . ° re.ason. the mortgage Insurance coverage requic+ed by Lender lapses or ceases to be In effect, BoYrower shall pay the
<br /> `` . ,' • ''�S' premiums required to obtain coverage substsintially equivalent to the mortgage insurance previously in effecG at a cost
<br /> �' � substeattally equivulent ta the cost a Borrower af the mortguge insurance previously in effect.from an altemate mortgage
<br /> ��• � � "' • insurer approved by L.ender. If substantially equivnlent mon�uge insurance coverage is not uvuilnble, Bocrower shaU pay to
<br /> M} • L.ender each month a sum equal to one-twelith of the ycurly mort�age insurnnce premium being paid by Botrower whem the ,�
<br /> , insurance covernge lapsed or ceased ro be in effect. Lender will uccept,use and retain these paymenu as n loss reserve in fieu �,
<br /> of mortguge insurnnce. Loss reserve pnymen�c mny no longer be rcquir+ed,ut the opGon of Lender, if mottgage insurance
<br /> �- ' coverage(!n the amount and for the period that Lender rcquires)provided by an insurer approved by Lertder a�Gn�n becomes
<br /> ,N•"_ " availuble and Is obtained.Borrower shall puy the premiums tequ[red to maintaln mottgage insurance in effect,or to pruvide a �,;�
<br /> loss rese�ve.undl the requirement !or mortgage Insurunce ends in xcordance with uny written ugreement between Barower -
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<br /> `,`;� 9. InspecUon. Lender or Its ugent may makc reasonable entrles upon and inspecttons of the Property. Lender shall
<br /> �� give Borrower notice ut the time of or prior to an inspacdon specifyin�reasonable cause for the inspection.
<br /> 10. Condemnation. The proceeds uf any uwnrd or claim for damuges.ditect or consequential,in connection with any
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