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<br /> ,�-�,,, :. � � . pez�ods that Leader rec�uir+es Ttre tasnruice c�r pravidiu�the insuraaae shaU�e cdtos�ra By B9nvvrer sub��r cnay�,ag ' ` � ..
<br /> �:���,,��:�-, agpro+ral wi�ch shal!aot he�asa��6Iy wishheld. If Ba�ower fails to ueaintain aaverage d�c�d a�ove. < --
<br /> = -��r. � I�nder s o�oa,ob�a caversgs to'�zatect i�n�rs ri�m tke�pe�y'in asca�wifh�a�h�
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<br /> � All insurauce polic�s and�Yenecval:�hall be ac�psable t�l�nder and sSzaaU inaIude a staadard mart cla�isc.'i.a�dcx�
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<br /> -_ - =~'`��-``� � sh311 bave ttre right eo Swtd aha policies�d cenewals. if Lender reqnires.Batrower s6ati P��Y B+v�to�.�s�all rec�ipts
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<br /> °^.��,��` � �'. , of paid premunns and�wa{aotsses. In cbe eve,�t of iaxs,�mmw2t shall give prampt noti�e Eo the ct�sutano��trriet srd
<br /> ��: ` � • Le�d�r. I.snder may make proof of toss if aot�de prom,�tly by Brnsowea _
<br /> :� •:'�` - . � Unless I.ensIer aad$oTrower oahetwise ap,rr,�in writing,insivance pmceeds shal!be a�rplied to r�swxatioa��air of `.
<br /> .4-: , the Ptoperty damaged,if the rcestaratiaa or t+epair is eoonmaicalIy Feas�Ie mtd Lec�der�s sesutity'Is aot L�. If dxe, •
<br /> - ; ,`� , r�.smrauon ar cepair is not eccmomically,fessibie or Lendar'a se�iiY crantd be tesses�i.c��� '�a�� -- •.- . -
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<br /> '� , �� �< app�ie�tn the�s sea�d E►Y tlns Sec�uitY Ins�t,cvh�her ar aot t�n dus.cvith anY exces�P�d to Batro$-er. If. .
<br />=�_r'�;:'. 'r�.. ., ,..` Barmvrer abaadons the Fraperty.ba dues aot answer wittun 30 days a aotice fcvm i.eader t�.0 ttie insuia�carriet Y�as -.
<br />- ... .. .. . offend w settle a claimi,then L.ender may oollect.tIqe msurance p�8s. Lendes msy use t�e prnCeeQs tv�air'br resti�
<br /> -:'�*+.:"';*`._ ;: the gtopetty or m gay sams se�uaed by this Securiry Instrame�i.wkether oz dat thea due: Th�e 3Q-0aY F��vdtt begm wAea .. .
<br /> � � ' t�nnriceisgiv�uu.
<br /> '� ' < . , ' hcatian a� mce�ds to prinsipa�sFaa�l�ot exund or ,
<br /> F +.: •� .s Uri�P.SS�.PA�&IIa B01i8WCt O1�1ETWifiE BgtEB In tYIILUIg+Sfl}I 3�i � Q
<br /> ��'�'����a'�'�°� e E�e dne date of•the mu�hly payments refe�ed to in pa�a�1 and 2 or change the amo�af the payme�. If .
<br />��;`'.�; _ `'�`;,.`=1 ��gara�h 21 the Froperry is arqnued by Lendra,Borrowe�s��any insarance polisics aod�nsooeeds�saltt�8
<br /> � . fram dam�ta the Ptoperty�ior to�he acq�sition shali pass m�to the extent of.she stuns s�ed by tt�is Secmity
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<br /> �,` ` L t' '. 1ps�amen�uamedi�telX Pnor to the acq�tisitaar�. ' p,,�" *��
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<br /> t � ;��: . • 6 �cy, Fr+�s�6ort.Maint�nce� Pantce.t�.n of tine �pvty:
<br /> F �� I.e�n(ds Boraower shall oocuPq,establisb.and u�e s�P�vperty as Boimwer�s pcincipal n�ideuce within sucty da3rs.sfuz
<br /> as Bosmwer's Rsidenr.�for st
<br />_":r�.: ..�.--��':y;jis.. f�CEEC[�Qt3.Of 1blS SECO,n4}t�AS�PAt 8II�5�1 C0�[fl QGCII�j/i11C PIO�GIIy. Wfi�tl W�11C�1 00!lSG111 5�13u i36[ �!2..;'_��' .
<br /> . �:.,'_:.:.:;• least oae erpr aftec tha date af�cy, untess f.eud.�a,a���ise a8cees g.. t .
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<br /> r • • �. t�50D3D�isi Wit�1I101d.OI III1�25S CRtertroatin circanssiaaces eui��ich sue b� d Bauovveas control. Bcumvstr s�ati a�h.�:;;;..
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<br /> .,.,. _ . , .��::.. .- des�o3r;damage or.impair the Ptope:ty.?iMw the Pto�erty tu de�aior��ar��raste an the Fi+ogerty. Borrower :
<br /> - • : 6e um defanit if any forfeitme arnnn or pr�d"u�g.ii��ei civil or ciiminal.is dtai ia laAderg goo�d fa�h lad�nt ,
<br /> - ' ��td:esuIt ia forfeiwre of the Pr+operty or otherwise materially impair the lien cr�ated bq this Security Insecume�ar.
<br /> -- • • i.ender's security interest. Bormwer may cuie such a defanit and reinstate.as piayided�n Faragcaph 18,by�catui�g tise actia�
<br /> . . Ys� ��g to tie dismissed vvith a culing d�at.in Lender�s gond faith detemtinarirn�.piecludes fmfeiture.af the Barrovice:a�� .
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<br /> :__ - ; ; . •- inre�est in tbe Ftoperty or other material impaizment of the liea created by this Secwity Insuumern or Lendet�se�.�^;, - - .
<br /> -. , , � iniemst Borrower shail also be in defa�ilt if Bom�wer:d�ning the Caaa appfi�aticm pracess, Save maie�iallY:`alse cr`
<br /> � , . . . �infarmation or statements to i.eader(or fa�ed to provide Leader with aay material infomiation)in coffiaxiw witt[ : _ �
<br /> � . � �. ' . the loaa evidensed 6y the No2e.including,but noY limited to, iep�eseatations concxtciing Batrmver's occupancY of d�
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<br /> . . ptaperty as a principa!Rsldence. If tbis Seiurity�ent is on a leasehotd,Boimwer shall camply�vitb all the provissans.
<br /> � : • ., of the Iea�e. If Boimwer asqvisps fee dtte to the Property.the teasehotd aad the f�titIe shalt not mmge anle�s i.ender agc��. . ' . •
<br /> � . . . • to the mes��r ia wrifmg. .
<br /> • . .. 7 Protection o!Lead�'s Rtghts in the Property. If Boaower fa�7s m pedorm the ooveaants and ageements _
<br /> . • - cnntauied a►tbis Securrity Insttument.or there is a�al proceeding that may signifccantly affect Lend�r's rights in t�e =°
<br /> . • : . �P�Y(such as a p:ocer.d'mg in hani�uptcY•Prohat�.�for condemnariau or forfeiture ar to enfo�e laws or regulatiansS.then
<br /> .-��� � Lender may do and pay for wbatever is neces�?iy�fa:pmtect the vatae of the Property and I�er's rights in ttie Property.
<br /> ' � � .• °r�;�`•' l.asder�s actions may inctude paying am�.snns s�d by a tien wJucb bas pziority over this Szcudty Inst�umeat,appe� � -
<br />- � . . im caiut�payin8�uona6Ie auomeys'faes and eQt�rusg on the Property`to make cepaus.Althoagi�Lender m�y take actian �_�
<br /> _ - ' ' •, ..� . : under this paragraph 7.Lender dces naz have to do�:. �_=�'
<br /> • . . My amounts disbwsed by I.eaider under this pa+'agiaph 7 shall become addidonal debt of Sorrower secund by ttns
<br /> };•r; : , Sea�riry Instnimem. Unless Borrower and L.ender agcee to other tem�s of paymen�these amounu stiall 6ear i�eerest fmm the . ���
<br /> i�.::, _ • dat°of disburse�ent at the Note rate and shatl be payabte.wiW intecest,upon aorice fram Lender to BormwEr requestinS �
<br /> .• : :' p��� � �•,�'°._
<br />;;f:'�;i':��:��I. .�'� 8. Moi�tgage IasurRUO� If Lender�+equi�ed mortgage ms�nce as a condition of making the loan s�iued by�s �-�-��`°�
<br /> - _ _ .,-�. .:.. i Mo,tg =�-_
<br /> -�-�..•�:��• . j - ` Ses��rity Inswmen� Borrd3?es shaU pay the pmmiums r�quired to m�ntain the mortgage insurance in e�ffec0.: If.for aity --
<br /> �' . -� ' ce�son.the mort�e tnsivance covecage required by I.ender lapses or ceasr.r to be in effec�, Borrowes si�atl pay the «;�,: _
<br /> �' �. � . premiams reqaired to obtain coverage substanbally equivalent to the mar[g3�insurance pieviously in e�oct,at a cost �.�;�-�---
<br />;<ir:�. .. substantially equivalent to the cost co Bnrrower of the mongage insurance previousty in ef�ect.from an adtemate martgage --_---_
<br /> � : • � •� insurer apFmved by Lender. If substazrtialty eqnivalent mortgage insurance coverage�s not available,Bo�ower shall pay to � ::F�T�„o;;,�,,,`_
<br /> - , � Lender each month a sum equal to one-rnrelfth af the��eariy mortgage insar�ce premium bein�paid by Bmrower whea�t[te ��; ,
<br /> i` • � � . '� � nnsnrance cnverage fapsed ar cea�d to be in effect. Lender wdl accept,use and retasn these paymenu as a Ioss reserve in lieu ' . =_-
<br /> - of mortgage insurance. Loss mserve paymrnts may no longer be requued.at d�option of Lender.if�nongage insurance ��-y�
<br /> '."`e��'�-''•�' �
<br /> _•: • � � caverage(m the amm�nt and far the period tttat Lender cequires)Provided by an insurer approved by Lender agaui becomes • ..;'.• ..
<br /> '�_. � . . , ava�able and is obtamed.Bomnwer shall pay the premiums required to mainrain mangage insurance in effect,or to pmvide a ' •
<br /> �= .r: � . toss reserve.until the�equirement for mortgage insurance ends in accosdance with any written ag�eement between Borrower . : �
<br /> ��=� ' � and Lender or applisa6le taw. � . �
<br /> �• - , ' g, Inspection. l.ender or its agent may make n�asona6ie entries upon�td inspecaons of�he Propeny. Lender shall . . -.
<br /> �!' � give 8mrower notice at the time of or yrior to an inspecaon specifying�uoaabte cause for the inspection. � =
<br /> '' ' 10 Coademnatlan. 'Ihe pr�eeds of any award or claim for damages.ditece or cunsequential.in co�eciion with any . r.
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<br />,-'+�: :r:�:•,•..+�,� �. Sing{e Fernl►y»�Gannie 11lae�7r1'sddk f1lac tJh'g'ORM INSTRiJItlENPP--Uaitotm Caven3ntv 9/➢0/pnRr3 oJ6 paget! . ;:'1'`
<br /> ;�:s, t,;t.; • �;. - tieae tet�s erss�+ea�rm■ .
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