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<br /> ' ptfl0(191}IQt IdtldM ICG�UITL'fl. The insurz�nce caMcr provFdtng the insarunce shall bs�choscn by F�om�wee nub]ect ta�.cartrs'a
<br /> Aj�)[1DYa;Wf11C�1 071i1�;tiUi ik teiiicu5uiiit i f"vi�iitii"ti;it�. {i�nnniv'siiCi fa{=o i.'3 iii�lA��CQtiLtBp.°.G�+°"C[«�C"%'=���+=FA°="n2:l:'��:t
<br /> Lentkrb optlon�o�dn cavetn�n to pmtecE lxnd�rk rlglus in the Property in nccqtdai►cs with p�r+tgnph 7.
<br /> Att inKUrancc policics and nnewulw shali be scceptaUlo to I.ender und xhwlt i►iclude a ssanderd mcxtgwge cisu+e, l..ender
<br /> Rh�ll have the dgbR to hold the pnliclee a�d rcnewale. lt'I,cnder t�qnires,Bocrower shall pmmptfY Bivo to LCnder ull rcceiptw
<br /> ox p�id premiuma end mnewat noticea. in tha event oY loss.Bomowec aha11 gt+�e pro�pt nadro tu Iha in�urance c�rrier and
<br /> i.c►►�i.:r. i.�;�ul;.e���zay`z�at:e�SrunF of tass{f aot m;d�prampdy by 8nrro�ver.
<br /> Unkss l,endcr and 89rmwdt otlxrwi�o agnee tn wddng.inKUraa�co procueds shdl be applied ta testor�tlan ar rtp�ir c�t
<br /> the Prope r t y damaged,if the testorudon or repair is economically feustblo ond l.enderb sccurtty ie nat lesscned. IP tt�e
<br /> restaradat or rcputr is not econamtcally feusible or 4enderk secuflty would be leasened,the insurnnco proccedy shnll bc
<br /> Applied to tho�umc�st.sured by this Scearity In�sdument,whether or not then due,wtth any exces.s p�id to Bairorver. �i
<br /> 8orrower aba��dons tho Property,or doea not nnswer w�thtn 30 duys n nottce frnm Lender that thc insumnce cturIcr hns
<br /> � offered to retUe a claim,then Lender mny coAect the insurunce proceeds. Lender may use tha procecds ta repuie ar rcstoro
<br /> IhG Fru�erty ur u�pay �uma secured by thiR Securiry Insuumcn�whether ar not then due. The 3U�day perlod wi11 hoBin when
<br /> the notice!s given.
<br /> Unless Lender and 8orrower athe�wise ust+ee in writing.uny applicndon of procceds to principal shall not extend ar
<br /> postpone the dua date of the monthly pnyments ref�rred to in paragrnphs I und 2 or change the amaunt of 1he puyments. If
<br /> under paragmph 21 the Property i� ncqutred by i.ender. Borruwer�right ta uny insurnnce poltcIes und proceeds resulting
<br /> tram damage to the Pmperty prtar to�tte ucquisit�an shnll pass to Lender to the extent of the swns secured by this Secudsy
<br /> Inst�ument immcdiately prior to the ncquisitton.
<br /> 6. Occupancy, Preservation, Ma�ntenAnce and Protecttan ot the Property; Borrnwer's I.a�n ApplicaUon;
<br /> Lwseholda Borrower shall occupy.establtsl�,und use the Propeny a�Borrowerk pdncipal resldence within six�y dyys ufter
<br /> the executlon of thla Secuxity Insnument nnd shall contlnue to occupy the Propecty ns Borrowe��s princlpal cesidence for ut
<br /> least ane yenr aHer the dnte of occupnncy, unless Lender othenvlse ugrec�x tn wridng. which consent shall not be
<br /> unreasonubly wtthheld,or unless extenuatins cincumstnnce3 exist which are 6eyond Bomawer�s control. Borrower shnll not
<br /> destroy.dumnge or imtwi�the Properry. allow the Froperty to detedorate.or commit waste an the Property. Bomower shall
<br /> be in defuult if nny fudeiture acdon or Rroceeding,whether civil or criminal,is begun thtu in l.ender`�good faith judgment
<br /> aould result in forfeiture of the Property or otherwise materiully impaic the lien created 6y thla Securtry Insuument or
<br /> Lendcr�secur�ry interest Borrower muy cure such a defuult and reinstate,�s provided in p:uagrnph 18.by cuustng the act[on
<br /> or proc�eding to be dismissed with a n►ling thut,in Lender�s�ood fatth determinntion.precludes forfeiturr.of the Horrower�
<br /> interest in the Praperty or other mate�ial imputrment of the lien created by this Security Insnument or Lender's security
<br /> interes� Botrower shall also be tn defuult tf Borrower, during the laan npplication process. g:tve mnteriplly false or
<br /> inaccurnte informadon or stutements to Lender(or fc�led to pmvide Lender with any muter�al informati�n)in connectlon whh
<br /> � Z�.`q�nr���sy t�P H�,�p,;�rp«f�ng, M�t not Itmited to: ceQmsentndons conceming 8orrowet§ occupancy oF ttte
<br /> property as u prinalp�l tesidence. If this Security Instrument is on a teasehold Borrower shnll camply with ull the provistons
<br /> of the lease. If Borrower acquires fee title to the Properry.the leusehold and the fee title shatl not merge unless Lender ug�ees
<br /> to the merger in wridng.
<br /> 9. Protection of I.cnder's Rights in the Property. If Borrower fnils to perfoisn the covenants and agreemerets
<br /> contuir.ed [n this Security Cnswment, or there is u le�nl pr+nceedin� that may significandy uffect L.ender� tishts in the
<br /> Property(such ns u proceeding In bankcuptcy.probate,far condemnutton or fodeiture or to enforce Inws or regulations),then
<br /> 4ender may do and pay for whatever is necessary to protect the vulue of the Property and Lertder�s rights in the Property.
<br /> Lender�s ncttons may include payIng any sums secured by a lien which has pdodry over thIs Security Instrument,appeanng
<br /> in couR,paying ra�sonable attomeys'fees and entering on the Pr�perty to muke repairs.Although Lender muy toke acGon
<br /> under this paragraph 7,Lender daes not have to do xo.
<br /> Any amounts dishursed by Lender under chis parngrnph 7 sha11 become addidonW debt�f Bormwer secured by this
<br /> SecurIry InsuumenG llnless Borrowerand Lender agree to other tetms of payment.these amounts shait bear interest from the
<br /> date of disbwsement at the Notc r�►te and sha[I be p�yable,with inte�+es�upon notice from Lender to Bomower requesdng
<br /> payment.
<br /> 8. Mortgage Insmraa�ae. i�Lender requiccd mortgage insurance a5 u condidon of making the loan secured by this
<br />- Security instrument, Borrower shail pay the premiums requIred to maintuin the mortgage tnsumnce in effect. If. for any
<br /> reason,the mortgage insw�artce caverage required by Lender lupses or ceases to be in effect, Botrower shali pay the
<br /> premi►uns mquired to obtain cover�yge substantlalty equlvnlent to the mortguge insurnnce p�evioasly in effect,nt a cost
<br /> substantiully equivulent to the coct¢o Sorrower of tha moctguge Insurance previously in effect.from an altemute mortgage
<br /> insurer appmved by l.ender. If substantially equivalent mortgage insurance coverage is not available.Botrower shaU pay to -Y
<br /> Ixnder each month a sum eyual to one-twelfth of the yearly mortg�ge insurance premium bein�paid by Borrower when the .�
<br /> Insurnnce coveroge lapsai or ceased to be in effect. L.ender witl accept.use and mts�in these payments as a loss resen+e in Ileu
<br /> of mortgage insurance. I.oss reserve payment�mny no longer be required.ut the optton of Lender.if mortgage inswunce ,:t�;
<br /> coverage(in the amoant and for the period that Lender requires)provided by an insuier nppmved by[xrtder a�ain becomes
<br /> available and is obpined.8onower shall pay the premiums required to maintain mortgage insurance in effect,or to provide n ,
<br /> loss reserve,until the requirement for mortgage insurance ertds in accordnnce with any written ugreement between Borrower
<br /> and[.end�r or appUcable law.
<br /> 9 Iaspection. Lender or its agent may make reasonable entries upon and inspections of the P�operty. Lender shall
<br /> give�orrower notice at the time of or prior to an inspection specifyin�rPason¢ble cause for the inspection.
<br /> ;;�+;• 10. Condetmnadon. 71�e procecds of Any awu�d or cluim for damages,direct or consequentinl.in connection with any .
<br /> Singtc Fnmily—Eannle MnelFYtddfe Mnc UNII'ORM INS7'RUMENT--Uniform Covcnonu 9/90 (pagt.i nj6�wRea1
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