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<br /> =--=�_������'�';�; '' pesiods thai�Lsn�a teqalrss. The�sur+�ce carrirJ pYavEding tAe utsu�nce sbaU be c�c^�aa��osra��er�xDj�.ct es L�ti�e� � .
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<br />_"_::�.:>r��;+��' ' . ugpruval tvhicb sh�il ent be ynneas�bIy wltnhe2d. If�nrro�cer faits ta maisUa:a mmrers�e�des..�titsed ah�'v�, � ,
<br /> � �.���``�e: � � 4�ndes�ap�soa.obtair►coverag�to protect L,e�der�si�►is in tAo�apertgr iir acxorcl�nce�anth gar�D�t 7• �
<br /> - -_- ; � � . All inswa�.se�pt�licres ssi!n�ct��valg sYzaU be�acCepL-hIe t��.ender tu:d Sh311 uCClud$a sffindaiQ�Oitg$�;e c1aLL5e: L�ider ,
<br />_ -�:�'�,;� . "�_ . shall.have t�e dg�t t�l�O2d t�e�solicIcs e�d t�r.ewals. If Lei�der r�qui�,Baan�ver sAall pminF�Y 8ive w Lendcr ttll rez.,ipt�
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<br /> --_ .., , of aid end rentwal auttees: in the.event of loss,'Boiro�xer ahnit give prompt nn�ce ts ttse insurance.c�ri�r and
<br /> . F gremiu��s nd
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<br /> - Le�der I�:nder tn�y maSce pmof of Wss if r:ot rn�de pmmPtiY by l�asrocver. , �
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<br /> .�.rr`}#?;5�=",- U11ICS3 I&fl�f aiid�6J[OW2!OtI14.lWI5�fl�C lB WIltSDg.insur�:ce prnceed�shall he apg2ied co resWr,�ion ar regur e4 + .
<br /> , . c$e PPs�eity dama�,ned.if thx cestor�tiun or mpair ts ecuno.mic�ISy feasible xnd Lxnder's secUrity i�noi less�ed. If tte ' • -
<br /> �- '`� `,. rrstms3ict��r��i is not c�omir�Iy fes,i6l��os I.e�t���rcurity wor1�6e t�s.�ed.t�e 6n..5uranc�g�ncee�s sh3t1 be - -
<br /> lc'',�' ` �. � sigpHed w tha sums se�aired tsY this SPCUriry ihsur�eat,,wYiether or nut tizen due,cvIrh ar►y excess p�i�ta Bam�wer. I��
<br /> Bortower abandons tlie Fna�erty.or dozs nat answes wi'tbin 3U days u uotice fro'm.1�ea�er that tl�insFu''..n�e�c,�rcies bes
<br />-� :`�-�±�': � offeted to settle a ctaim,tYten Lender may coltect t�ze iasursa�e grnceeds. I:ender may us�t�e praceeQs tm r�air or.iesiaae . .
<br />"`�`�-�``•-���` ttc�ptop�Cry ur ta pay sum.s serumd by this$eavity tastaum�t,w�re�e,r ar ant then due. 'Ifie 30day period�ill6egizt wRen
<br /> t 3..'"„'�'��� the nnYics is given. • ' '
<br /> � `.. . Unless l.eader mui Botmwer athecwise a�rree in writmg.any�agplicatioa af proceeds tn priaci�al sd�all nai eatend�or •
<br /> -'�"����� postpane the due date of the�ontt�ty payments refe.zced to in paragraphs 1 and Z os cnan$�sIie amrnmt o�she paysr�ats. If .
<br /> �;,=<<;:-�r•: >. under garageaph 21 the Property is acq�ired by Lender.Bnuawer's rig�t to any�iasumnce pa�iciss and gmcecds tesulting
<br /> `�'° -_-`'��''�-� from damage w ehe Property(sriar to ttte acqQisitian shaI!pass W Lendes ta the exoeat of th�stans secut�d(sy this Se�curity . � .
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<br /> -_`43�wi� f' �' LfS�_e?�jj�lj[P.�l3�C�1Q710T�O�IB8CQ[IiSltEQII. . , .
<br />- - "-= ''-"�, E 6. .Occapancy, Preservatfon. Ma3ntenaac�e an� Srotedtan of the pruperty; S�rra�rer's l.a9n A�pltca}tlonS •
<br /> `�='�:rc �� . •
<br /> �_� � Leasept�.8arrower sh�U occupy.establish,and ase tfie Rropeirt�as Bormwer's pria+.-ipal r�sidence within sRty�days aRet .
<br /> the e��on of this Ses.vrity Insuument aad shall canunue Zo accupy the.Froperty as Borrower's pa�cipal cesid�ne�for at .
<br /> -'_�E;';� ��"�� • least ane year after t&e date of o�pancy,.an�ess l.eader o�t�eswnse agrees a� writin� which cxinsent shalt nat 6e. .
<br /> �T,-`.��"-;: �.` �r�sonably arithheld,or unIess extenuatmg cucumstartces exist wtuch are beyond Sarrow�r's ca�tmol. Bormwer si�aU eot . .
<br />�±{-'•`�=;"=��'�" • . d�soy�damage or impair the pmperty,aDlow the Amperty to deseriorate.or co�w�e on tlse Pivperty. Barcower.�al1
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<br /> .. , ,� .�' � be in defautt if any forfeiturz uction or gtoceeding,whether civi!ar criminal,i3 begm�i ut Lerider,�ga�d faith 1'.�d9�en=
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<br /> � , ,, couId resaIt in forfeitrm of t�e Ptogerty or other�vise materia!!y impniY tT�lien r�ed bY Wis SecuaitY Insttument o�
<br />_,. =.;:.__ . �
<br /> = .•.7,.•�'�="•`• � . Lendes'§secucity inie�est B4rmwox may cure snch a defanit and zeinstat�s�pra�ided i�par.�gnph 18,6Y ca�sing tite a�tian�
<br /> `=,:�'.���=:�-:+ '� , ar proc�ding w 6e disrnissed crit6 a tuling�at.in I.ender's�good faith R�,��• �I�ues farfeitare of the Bea'vwer�s :
<br /> ,. ,'��:�.ti-=` ..: F inte�est in the Propelty or oti�material impaiQment of the.Gen cce�ted try this Se�;i1y Insuvment a1r Lcnder's x�iy , ,
<br /> ^.• ._�;-Y� . �. f inLecest. Boirower shall atso be u� defan(t if Borrower, d�uing the idan applica��.Qrace.ss, �ve a�xt�iY f�s or .
<br /> ' • � inacc�sate information or statements ta Ixnder{or fa�ed to provide LendEr,with any mat�3a1 infa�an)in canneEti�wlth
<br /> .` �::�<.:`s� ''' � � � the loan evidenced by the Note, inctudiaa„i�et aot limited to.r�tafions coacemfn° Bonawer's occupan�}r of the
<br /> "` . � _ � property as a principal reside�ce. Ef tlris S�Instnunent is on a leasehotd,Bo:rower shali complp with all ttte pra�►isions , .
<br />°": "`�;'.�':� .. � � af dce 2easc. IP Borrower acquges fee tifle to'the Prape�ty.c�+e leaseho2d and the fee aitte shal!noi merge untess Lenc►er agrees
<br /> .. , ' ' to d�imesgerin�vriting. .. . . '•,%',
<br /> . ::,:��;t;�::�, :-• � 9. Pratect[on of Ler.d�r'�Rt�tts ia the Property. If Borrower fails to perf."�cm the cavatanu aLd 2F�eats .
<br /> . . contained in this 3ecuriry Ins.�-.:�lent,or there is a tegat pmceeding that may si��ntIy effest Lender�s ri�t;.�in the
<br />-_ -;``��"�'- .�z Prapertyr(such as�Proceeding in banlcsupicY,Probate,for condemnation es forfeuure or tp enforce iaws ur regulations),t1�t
<br /> ��'''• ".� �� Lender inay do isrd pay for w:tatexet is.necessary to protect the valae oE��:e Praperty.and Lendes�s rights in We Ftoperry.
<br /> •":,s`.=t.� - L�ender�s astions ma�include��g any sarns secured by a lien which has prianty or�s this Security Instrument,a;.�pearing• ': .
<br /> .:-'`i��;�,;.�.0:'`:
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<br />''..,, in conrt.paying reasonabls attomeys'fees and entering on the Property to matce repai.�s.Although I.ender may�F.��ction
<br />°�='�_.��?:��r.s' .: under this paragiaph 7.Lender dces not have to do so.
<br /> ;==��_;��: ;- � Any amounts disbursed by Lender under this paragraph?shall becoine addirional debt of Borrowu secure�by this
<br /> -.: . �.,�
<br /> _ `�; ;.. •�• • Security Instrument. Uniess Barrower and Lc-a�+er ags�e to other temrs of payment,these amounts shat�6ear interest from the
<br />�:.:Y'.JViin��P�'�..1' .
<br /> ��.-� datc of disb�usement at the Note rate and shail be payable.arith interest.upon norice fmm Lend�r to Borrower requesting
<br />_:.:-��-. z�_ .. .
<br /> �,.: ,:�:,: � � paymen�. , •
<br />:T;;,���;,�• „-{ . , �. Mortgage Iasuraac�•Jf Lender reqnired mort��:insutanre as a conditior�of making the loan seciried:;�syr this .
<br /> ��.- s.; ,'.
<br />�::.����(a�. ; � . •Se,auity Insmuaent.Saim�ver�xlt,all pay the premiums required to maintain tke mon�B insurance in effect. If-,fr,;r any
<br /> • reason, the mortgage insuran� coverage required by L.ender lapses ar ceases to t�s:.�n.'effect, Borrower shaU pay the'
<br /> �''�'"`',�� ' ps�miams requrr�d ro obtain coverage sub�tantialty equivalent to the�vrtgage in�� previnusly in effect.at a cast
<br /> � substanfially eqnivaient to tfie cost�o Borrower of the mortgage insuiance previovsly ist effect.from an altemate mortgage
<br />- � ���:',�: ".•. �. . insuter appmved 6y Lender. [g'substandalty equivalent mortgage insuraace covecage is.r.ot available.Bormwer shaA pay to
<br /> Lendes each month a sum equal to one-twelfth of the yearly mortgage insurance premisrm being paid by Boaower when the _
<br /> ' • insurance cove¢age tapsed at ceased to be in effect. Lender will accep�use and retain these payments as a loss reserve in lieu _
<br /> 3�S
<br /> f- • • • . of martgage insurance. Loss reserve payments may no longer be cequired,at the option of Lender.if mortgage insumnce
<br /> coverage(in the arnount and for the periad that Lendet tequires>pmvided by nn insurer approved by Lender again becomes -
<br /> � . availab2e�nd is obtained.Borrower shal)pay the premiams requiied to maintau�mortgage inswance in effect.or to pravide a _-
<br /> � �� lars reserve,until tl�e requirecneas for martgage insurance ends in accordance with any written ag�eement between Borrower
<br /> ':.�-�:'•��°; : . : an�L.ender ar applicable law. -_
<br /> ��t�'e�:-�'- 9 Insped�on Leitdec�or its agent may make reasonable entries upon and inspecdons of the Property, i.�der shall _
<br /> . •� °.,��_�,:�;�� give Bomnwer rotice at the time of or prior to an inspection specifying reasonable caus�for the inspection. '�;
<br /> , ;.;���::::-;�, 10. Coad�znattoa. 'Rie proceeQs of any award or claim for damages.direct or wnsequential,tn connection with any C=-
<br /> 'y" �G'�.•.�F' , _
<br /> '�-;.�r: t; Singic Family--Fanak 6lnd61�eGGle At2c UN[FdRM INS7'RUMENT--lJnifotm Covenants 9l90 (pa�e 3 ojb page.rl �'.
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