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<br />=+_'L.::�._=,.:=_1 `iyiLO�Y.��1;.1k..Ct1f�4Y IifA!I�YC±. ���1�III�IIfC:IC:;Ci1L_i�C�ili°iliili?�1l;::il'.IliSi�C:;�jl;l��{i;:(:�lU"L':��Jjl�I:Ill�.t-::::�L!4{i� :.t��1a '.���.'.,:, at��..�
<br /> -- approval which slinbi nnt lsc:unr�:�onably witl�iicici. If f3arruwcr fidl.r•to ntaiatain coverage cesr:rih�t;f�ttwve,�l�.r•�iiler urry,a: �
<br /> ,. L.c�tdcr i npcian,Qbtaii�rnv�ra1 e to protect l.r.nd�i�a rights In thc Property in accnrdancc with psragra�►7. � �
<br /> Ail insurance�licirs and renewals siiall be accegtaUle tu I.endtr und tihail iucludc.t til:l(ldil(lI i11Ci1b�t�C C��IItiC Lfl111It7'
<br /> __ sha19 h�,v���h�right to hUld UeC�wli�tes nnd rcnewals. If L.endcr require�,�(lf(Q1A'ee shall pr�mptjy give to lxnde:all rCCaiptx
<br /> _ .� , of�:•::i•'p._rr__um�c:.^.d renar��.l nnt��P�;, in the cve�t r�f lu�ti,liein�owcr sliall��ive�irn�npt notice to U�c insur;uice a;atricr t�nd , -
<br /> I.cnd��. Lenderms�+mAkr.pmof of loss if noe made prumptly by Borcower.
<br /> Unless �..ender nnd[iurrower otherwisc:agrce in writing,ensurancc prncceds si�all be applied t��restorution or re��air of
<br /> � U,c Property dama�cd. if ehe restnmtlon or rcpuir 1:� cconc�micalty feasiblc cu�d L.c:ndcr; Eecudty iy not Icssencd. (f fhc
<br /> restoration or Rpedr Is iti�t econaniculiy feasible o�•l.cndcrti sccurity wuuld t�c Iesscned,Ihe insurance pra_�eedy nhall be
<br /> upplicd ro�hL surnti Rccured by this Security lnstnmticnt, whethcr ur nut 1!►ci�clue, wi�h any excess paid tc� 13orrowcr. If
<br /> Iiorrowcr abun�lunv thc 6'+n�xrty, .�r�fcx�M1 nnt�u�swcr within 30 dayy a�nnticc frcmi I.cndcr �hat tUc insuru��re rnrricr har•
<br /> •-°-- -° nft:.rctl to�;ritic a claboi,�l:;�z I.cniicr mLf�iQS�OI'I IItL'I114UIili1L'C�1flH'CClIS, I�c�ui�r m:ly IftiQ 1�1C�11'US:CCV9 lQ fCllillf OC fCSi01'�
<br /> �h�:Pn�xrty ur tn pay num�FcctE�cd by lhis Sc4urity Inrirumcnt,whcihcr or nut thcn dua, Tltc 30•du}r perlixl will{xgha when -
<br /> �lic nnci�:c iv Nivcn.
<br /> - 1►nlehv I.cu�ter mtd L�u�euwer othcrwise abrce in wrfllnti. n�iy upj►Ucution of pnkced�to principal shall not ex.�nd or
<br /> (Nitil�11111L`(Ill' duc�I,�tc�,f Ihc�nunlP�l���aymcnts rcfci•red tu in��an�graphs 1 u:�il Z m chnng�thc;imount of thc paymcnts. IF
<br /> uuticr pur�ig�apli :I tlic Pr+�}►�ny is i�cqulrc�l by Lcndcr. Du�ruwcr� rigln w nn�• insuinncc policiss iuid prcececls res�dting
<br /> IYum�l�image to�6e Iho�kr�y prfur ta Uic ncqufsiUon e,hull pnss io Le�der tu the extent of thc sums sccured by this Securiry
<br /> Intitrumcnt inmicilliztcly prior to thc n�:quisitiun.
<br /> - -- 6. (k:cupuncy, PreservAtf�►n, iVialnten�nce and Proteetian oi tF�c Fru�xriy; �ueroY.e��'s I.�aa AppS.ey�:aa; --
<br /> L.easehulds, Uurrowcr shull occupy,cstaUlisii,nnd uxc�hc Property us F3arrowcr's principal residence within sixty days aftcr
<br /> --- — the execudon of this S�curiry Instrument ancf shal! continue to cxcupy tl:e Pmperty as porrower's principal n:sidenee for at
<br /> '�—� lenst une year after the date af occupnncy, uuless Lender athenvtse agrees in writing. which consent shall not lx:
<br /> unrei�sonably withheid,or unless extenuating circumstances exist�vhict►ure beyond Borrower's c�ntrol. Borrower shall ant �
<br /> -___-- - dcstroy,dumngc or impair ihe Propcny, nllow thc Property to dcterioratc,or commit waste on the Property. Borrawer shnll
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<br /> bc In defnult if nny fcrfciture action or procecdin�,wlietlicr civil ur criminal,is be�sun thnt in Lcndcr's gaxl faith judgment
<br /> could re:tiult in forfeiture af the Froperty or otherwise materially impair the lien cmuted by this Securiry Instn►ment or
<br /> - L.cnder's sccurity interest. Dorrowcr mny cure such a defnult and reinstatc,as pyovided in paragraph 18,by causins tlie uction
<br /> or prnccedin�to be dismisscd with u ruling that,in Lcnder's gocxl faith detcrmination,precludes farfciturc of the Bnrrowcr's
<br /> _ -- interest in the Property or uther matcrial impairment of thc licn created by this Security Instrumcnt or Lcnder's �ecurity
<br /> -- ---= interest. Bortowcr slzall also be in defnult if Borrowcr, during the loan application proccss, gavc materiully false or
<br /> ----- `-- in:cccu�are informution or smtements to Lender(or failed to provide Leader with uny material informa[ion)in wnnection with
<br /> •_--_�1r:;� the luan evidence�l by thc Note, including, but not limited in, representations conceming Borrower; oeeupuncy of the �
<br /> -_- Property as a principal residencc. If this Security Instrument is on a lcusehold,Borrowcr shall comply with all the provisions
<br /> _s���°"' of the Icase. If Borrower acquires fee titic to the Property,the Icasehold and thc fee title shall not mcrge unless Lcnder agrees
<br /> �, to the mergee in writing.
<br /> ' 7. Protectfon of[.ender's Rights in the Property. If Bonower fnils to perform the covenants and agreements
<br /> �' ,�,: co�itained in tliis Security Instrument, or there is a Iegal proceediug that may significantly affect Lender's rights in the _
<br /> '''� � Property(snch as a proccedin�in bankruptcy,probate,for condemnation or forfeiture or to ent'orce laws or regulations),theu -
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<br /> _.;,;;.�.,;:�•��r;� Lender may do and pay for wh�tever is necessary to protect the value of the Property and Lender's rights in the Property.
<br />- --=�� Lender's actions may includc paying any sums secured by a lien which has priority over this Security Instnxment,appearing �`"`
<br /> =.;.:-e::�.;_,.:�..31 ��:�;
<br /> •�_�r:., in court,paying rcasonablc attomeys'fecs and entering on the 1'roperty to make repairs. Although Lender mzy take action
<br />-Y�r�L.`'��� under this paragraph 7,Lendcr does not have to do so. ^
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<br />�y.-.z 9:.k Any amounts disbuned by Lendcr under this paragiaph 7 shall become additional deM of Bor�ower secur�d by this �.
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<br /> ::��-�,rr,x� Secwity Instrument. Unless Bocrower and Lender agrce to other tcrms of payment,these amounts shall bc:u interest from the �_��
<br />_,��•"�'"�'� date of disbutscment at the Note rate.u�d shall be payable,with interest, upon noticc from Lender to Borrowcr reyuesting
<br />.`,;%."�i4-rt,..�`�� payment. _-
<br /> -=_°:.' `. . S. IVTiortgage Insurunce. If Lender rcyuircd mortgage insurunce as a condition of making the loan securcd by this �+ ;.
<br /> --- � 'r'•- +�� Securiry Instntment,Bon•ower shall pay the premiums rcyuired to maintain the mortguge insurance in effect. If, for any ..
<br /> '�,`•m?��� rcason, the mortgagc insurance coverage rcyuired by Lender �apses or ccases to bc in effect, Borrowcr shall pay the �.�+`r
<br />�=,;i°��� : premiums required to obtain covenge substantialfy eyuivalent to the mongage insurunee previously in effect,ut a cost
<br /> """ substantiaUy equivulent to the cost to Borrower of the mongage insur.ince previously in effect,from an altemate mortgage �
<br /> ^•"t'�'� `�*�� insiuer approveci by Lender. If substantially eyuivAlent mortgage insunnce cuvernge is not availuble.Aorrower sh�►II pay to
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<br /> '•_•-• �• Lcnder each munth a sum eyual to one-nvelfth of the yearly mortgage insurancc prcmium being paid by Bonowcr whcn thc _
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<br /> ;'?� ;;�'t�"~{ insurnnce covemge lapsed or cessed to be in effect. Lender will accept,use and retain these payments as a loss rcserve in lieu •
<br /> ` '� ' ' of mortgage insurance. Loss reserve payments may no longer be rcquircd, at the option of Lender, if mongage insurance ,
<br /> -�s'�r�.�-, `!' �' covera�e(in the amount and for thc period that Lcnder requires)provided by an insurcr approved by Lendcr again becomes
<br /> `�::�;�:'„ �_, available and is obtained. Borcower shall pay thc premiums r+eyuircd to maintain mortgagc insurancc in effect,or to provide u
<br /> - ' *: `:� - ' loss reserve,until the requirernent for mortgage insurance ends in accordunce with any written agrc�ement between Borrower
<br />-�`>:`:; .�'�" �_v._� ' and Lender orapplicable law.
<br /> -- 9. It�spectlon. Lender or its agent may make reasona�ile entries upon and inspections of the Property. Lcnder shsll •
<br /> _ � ".� givc Borrower notice at the time of or prior to an inspection specifying reasonuble cause for the inspcction.
<br /> �• �� lU. Condemnntion. 'il�e prozeeds of any awnrd or clnim for damuges,direct or conseyuential,in connection with any .
<br />.--���.�.�,_._:,;•: : Singlc Rtmily•-rnnnle Mne/[•Ycddle Rtnc UNI[�ORM INSTRUMGN'C--Unifortn Covcnants 9/90 lpage.{uf n p�xesl
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