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<br /> uf�provuf whiLh Yhall nut hr unrt•rs�wably wUhhrt+i, i€H��re�iwrr 1'ailx t�►uiaiid.+it�t o�r.ra�c Fkri•►ilKii aF�«•�:,i� .;��r i��.�,y.��t
<br /> � i.enck�'�optiim,��k+twin d�rvrragr.4n(mNeci l.r.n~lrrti rl�tht+in ihc Pn►Fsrrt�1n xs::+s►ti,+n.r.ENilh E�sur�ra{�l�7.
<br /> • Ail i►uurrnc�c poNcicn�uMi rer�'h�IIY cI1MII k1C�C�C411YhIC(�J CRINICI'�litl tihUII Itlf.'Ititl�tl titsiltd'Jrr,11ri(�(tg,�r�StiUS�. I.c�n:kr
<br /> qh�ll hiv�the ri�ht tn haM ttx pc�icia atMi rr.ncwels. rf l.ender�eyulrc�,Ac„rower sh�tf pn�epiy�iv�:ta l..�nder r91 roc�i�ts
<br /> , �,t'��,�i„rn�����ac Hn+1 sr.�x:wHl nr,tiwev. In�be cvem�f I��s,Ho�n�w�rr tihall{;ive�vro�nEtit neticti ts�thc tr�surn'ris:e��rtlrr nntl
<br /> Lenckr. Le�xier m�y m�lce pr�nf uf(�x if nut m�dc prtiMnp�ly by�rrower.
<br /> [lnles.r I.enclrr sncl Bnrruwer ixhenvi.re agteo in wdting,ihsw�►+x:e�x'oceedw�hdl be sppiied tu rert+uNtiun ar repnk of
<br /> �he ilrnperty damag�d, if thr restor��icm Qr repwir is economically feusiblc uttd l.enctcr!c scxiaiYy is not le��encd, If�he
<br /> rcstoration or rcpair is not ecoryomicdly�rx,ibk or E.ender's sec;unry would be ksyerxd,t1x inzurance proceeci�sh�ll t� _
<br /> applaed to tho sums �secune�l by �his Security Tntiuument. wltetf�ec or tini then due.wi�h tuiy axcess p�id to Bom►wer. ff
<br /> �lorrower abAndons thc Projx:rty,ur daes not answer within 39 days a notire from l.ender thut�hc inr•urnnce runier has
<br /> offercd to�ttle a clnim,tiun t.ccufer iz»>y collect tl�e insurnnce pnxeeds. Lender may use the pr.►ccetls to ieprir or revto�x
<br /> thC Praperty or to puy sun�s securecE by this Sccurity Ynstrument,whether or�wt�hsn due. The 30-ciay pe�9od wii�br.8�o�'�+hcn
<br /> the noticc is given.
<br /> Unless L.ender and Rorrou�er othzrwise agcec in writi��g, :u�y applEcation oF procceds to principal shaii not extend or
<br /> �ostpone the due date of the monthly pnymEnts referrcd to IR paragraph� 1 and 2 ar change the nmount of�he paymen�g. If —
<br /> �nder paragrnph 21 thc Prope;rty is acqufrcd by L,ender, Aorrowcr's• right to any irtsuruncc {►olicics and pra:eeds rcsulting
<br /> from dumage w ths Propert}+prior io the acquisi¢ion Shali pass to Lender to the extent of thc sums sccurc�l by tGis Security
<br /> Inswment immediately prior to the ucyuisition.
<br /> 6. f�:�vp�ncy, i�rca�rr�iiiai, i.;6���t���Qr.ce a�� L':a.�c.€r:� e! th� Pre�rt�; ��rroNes's l,nan Apalication; �-- --
<br /> I.easeholds. iloaower shall occupy,estnblisti,and use the Property as Borrowerk principsi cesidence withia sixty days after �
<br /> the er.ecution of this Secudty lnstrument and sha11 continue to occupy the I'roperty ras Bu[rowerl principal residence for ut
<br /> lenst one year after the date ctf accupancy, unless Lender othenvise age+ees in �vriting, which cansent shall not be
<br /> unreasonabfy withheld,or unless extenuuting circumstances exist which are heyond Borrowcr's control. Borrow•e�sliall not
<br /> destroy,damage ar impair the Property.allaw ttie Propeny tfl detcriorate,or cammit waste on the Property. Borrowcr shall
<br /> be in default if any forfeiture action or proceeding,wliether civil or criminal, is begun that in Lender's good faith judgment
<br /> could result in forFeiture of tlie Property or othenvise materialiy impair the lien created by this Security Instrument or
<br /> Lender�s security intemst. Borrower may cure such n default and t+einstate,as provided in paragraph 18.by causins t8e uction
<br /> or proccecling to be dismissed with a n►ling that,in Lenders good fnith determinati6r�,precludes forfeiture of tlie Borrower's
<br /> intcrest in the Pruperty or other rr:aterial impairtnent of the lien created by this Sccuriry Instrument or I.ender's security
<br /> intet�est. Borrower shal� also be in def�ult if Borrower, during the loan application process, guve muterial7y fulse or
<br /> inaccurate information or st�tements to Lender(or fniled to provide Lender with any mater+nl infonnation)in connection w9th
<br /> the lo.�n :videnced by the No:e, including, but not Iimited to, representations wnceming 8u��vwc,� c,�cu�ar..:� :._`J'�:.
<br /> Prope�ty as a principal residence. If this Security Instrument is on a leasehald.Borrower shult comply with all the provisions
<br /> of the lease. If Horrowcr acquires fee titic to the Properry.die teasehold and the fec title shall not mergc unless i..cndcr agrces
<br /> ta the nierger in writing. __
<br /> 7. Protection oP Lcnder's RigBnts in the Pronerty. If Borrower fails to perform the covenants and agrcements
<br /> contained in this Security Instntment, or there is a Iegal proceedin6 that may signiGcantly affect Lender's• right; in the =Y
<br /> Property(such as a procceding in bankruptcy,probate,for condemnation or farfeiture or to enf�rce luws or regulauons).then --
<br /> Lender may da and pay for whatever is necessary to�rotect the value of thc Properry and Lendcr's righGs in the Property. _
<br /> Lender's actions may include payinB any sums secur��l by a lien which has priority over this Security Insmimcnt, appearing �«,,
<br /> in court,paying reasonable attomeys'fees and entering on the Property to make repairs.Although Lender muy take action �:" :
<br /> under this paragraph 7,Lender dces not have to do so. �==�
<br /> Any vnounts dis6ursed by Lender under this paragraph 7 shall become additional debt of Borrower secured by this �,
<br /> Security Instrument. Unless Rurrowcr:uid Lender agree to other tertns of payment,these amounts shall bettr intercst from the ��'.
<br /> datc of disbunement at the Note rate and shall bc paynble,with intcrest, upon nvtice from Lcnder to Borrowcr rcquesting �_
<br /> payment.
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<br /> 8. Mortgage Insuranee. If Lender required mortgage insurance as a condition of making the loan secured by this �-:
<br /> Sccurity Insttument, Borrower shall p�y the pmmiums rcquircd to maintain Q�e mortgagc in.,urance in effcct. If,for any
<br /> mason. the mongage insurarece c�verage require d by Lender lapses or ceases to ba in eifect, Borrower shall pay the '`,
<br /> premiums mquired to obtain coverage substantially equivalent to the mortgage insurance prcviously in effect. at a cost �"'�
<br /> substantially equivatent to the cost to Borcower of the�nortgage insurance previously in effect, from an altemate mortgage � `,
<br /> insumr approved by Lendcr. If substar�tially equiv:ilent mongagc insurnnce coverage is not available.Borrower shall pay to ��
<br /> Lcnder cach month a sum equal to one-nvelRh of the yearly mort�age insurance pmmium being p�id by Borrower when the
<br /> insurance coverage lapsed or ceased to be in effect. Lender will accept,use a�td retain these pa��ments as a lo.r•s mserve in lieu •
<br /> of mortga�e insurance. Loss reserve payments may no longer be required,nt the option of Lcndcr, if mortgage insurance
<br /> coverage(in the amount�nd for the period that Lendcr requires)provided by an insurcr npproved by Lender again becomcs
<br /> available and is nbtained.�orrowor shall pay the premiums rcquircd to maintain mortgage insurance in effect,or to provide a y
<br /> loss reserve,until the rcquirement for mortgn�e insuranee ends in accordance with any written agmement between Borrower �1
<br /> an�Lendcr or applicablG law. ��
<br /> 9. Inspec4ion. Lcnder or its a�;cnt may make reasonable emries upon and inspections of thc Property. Lender sha7] I
<br />= give Bo�rower notice at lhe time of or prior to:m inspection specifying masonuble causc for the inspcction. f
<br />_ 10. Condemnation. The prQCeeds of any aw�rd or claim for damages,direot or consequential,in conae�tion with any �
<br /> Singlc F�mily--Eannte Mac/FYcddfc Muc UNIGORM1!INSTRUD9EN7'--Unitortn Covensnts 9/90 fytiRP.�njb inaRrs)
<br />- GiwY,tnics 6uslnr,�1'aci�,Ir.�■
<br /> To OiGer Call:111005349393 0 PA1t 814701•1131
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