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<br />- �n�s'�«��:. • Period�that�.euder tequia�s. 11�e insw�ce car�ier.pruvidiag t�msut�tce sh�Il�Fttnsen isy Barm��r subjcct ta i,cotder�
<br /> _ -T'NZ`:}y�;... . , angmv$i wh'seb shSll o.Ut be un�ea.s�IIabIy wiihltEld. if Burmwer f8i]S ta Qtain ;n¢ovem�descn'bc.M at�oy�.Leredes may.at
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<br /> T -�.�¢'... L�nder�opsion.o�sin cavera�to pratecx Lender�rgtus in the Ptopertg+in asaoordano�with para�°aph?.
<br /> -� �-'�;�:. t�ll�nsuiattce policles and reaewals sba416e zccepta�2e toi.�ader au�shall iaclude u smndard moitgag�clavse: LeaQe3., .
<br /> _:., "F }-.: sTial}faave the right to hn�d the palicies and renevrals. I�Lender�equirrs.Bbrro�rer sl�Ii pmmpttY Sive to l�snder'nil�t� .
<br /> _��;:i-,.�.,. .,.�
<br />_;; .. ,: ;.., . . af pai�premiums aud�c�aewal notices. in th�eve�t of Ys�ss.Smrawer s3n1��ive�umps a�ce t�the inss�nre catriea'mid ----.
<br />_:�,°4`=:��:�•.;r;. L,eades ixader may make pconf of toss if nat made pmmptly by BQr�owed •
<br /> ` � . Uniess I.es�der and Bonocirer atherwise ag�ee in�vriting,insaiaux pmceeds shalT 6e agr�ied to iestotatica ar 3�pair af . —
<br /> �' --=- ��-`-'--.-L t�Prs�ty dama^�,ed.if the s�an ar reg�sir�s eaonomicatig fzas�3e and IBadEr's sec�.xity is aoi lecse�ed. If.the . .
<br /> .�,;.� " �,' neswratron ai iepair is not ecanvmicatIy feasible ar Leader's fiecmzty wat�td�re lessenEd,the ia�urance pnacee�s si�]1 be
<br />_. _ , app�ie.d to die sums searred tsy this Secwiry Inst�eat,whethep or not then dae,with any excess g�to Bflrh�wer. �f
<br /> -�:,t:, ��_.� `. � Baaower a6andons t➢is Pr+ogeaty.or does uot answer wishin 30 d3ys a n�tice from i.ender thai tha ms�aaee c�reier h3s
<br />-�--�,i�z .:��:,c:..';�.<.: offered to settie a ctaim,thea Lender may col�ct d�e insm�aat�prucaeds. Lender may use t�e prnceeds to depair oi t+�store
<br /> °�°;`�`.:�.'"Y;-�.�.:� • th�property or tn pay sams secum�d by this Sec�airy Tastn�meat.whether or uot then due. 'I�e 3Q-day prrcod wt�l6e�u►when
<br /> �"_�zP;� � :f.-• ...• t�e aotice is p;iv�. • . . . .
<br /> !., ..�>.� .;::�.�.•�.:� Ualess Lender�d Eomnvrer otherwise agtee in wrising,any agpli�an of pmceeds to pr�cignl shail aot exi�d ar .
<br /> „p:;�'s'�3��t`�` . . �stpoae the due date of the monshlY PaYmQnts refe�e�!to in paragrap6s l and 2 ar change tti�annount of the payuxtus..�f
<br /> �� ,��- ;" . nader paragraph 21 t�e.Propeccy is acquired by 4ender..Bo�nwer's righ9 to an}►insarance gofici�.s attsl pmr.eeds�esuIdng. .
<br />= '��•:?"': fi�n damage m Me�perty priar to die acqnisrtion s6a11 pass m Leader tn the extent of the sums secaied try tbis Security.
<br />° +�� '�"y � Instrumenlimmediatey�c o '
<br />-_'�;^;b, '��;i- � p��y,pi,�on, IV�1�£ntemnoe �t@ Protedfan d the Feopertg; Borraws*'s Lu�n APpiicatinn;
<br /> -- ;� i,wseba6i4. BarmV���11�PY•��and nse ths Ptoperiy as Bomnwer's�priasipal resideac�with�t sixty days after
<br />-- -::�;;.�.:�..:_,. •w .
<br />�t:,�:�:i:;..�-,'., the eae.catiaa of tius Seruriry Ins�t and shall coniinue w oce�y tfie PYoperty as Bnimv�er's p�cipal resi��or at �
<br />-- � teast one year aftra'ohe date af ocrupanGyr. imless Leud�r atherwise a�s.in a•riring, w6ich �conscnt shaIl nat be
<br /> " , uu.zasobably wud�heId,ar an2�eue�atmg�exist v�trich are beyond Spmswer`s contnol. Boirawer st��t� .
<br />_ �� �e�
<br />°���.-"a''�,-,-" -_ . .. desuay�damage or impair.dte Pto�rty.alIow.the�}r to.deterioiat�ar commit waste on the Property. Bama�ver shalt
<br /> _ . • be in defanit if any forfeiuue action ar procrxding, er civil or ciim�al.is begun that in LeAder�'good faith judgatent
<br />=_ ;�;=�y,!'.` '. . cauid tesnit in farfeiture of the Property or ottteiwise matereaily impais the lien c�eated lry this S�ty Insuumena ar
<br /> - Lender's sec�uity interest Bdaower may core such a default and zeinstate.as provided�paragraph l$,bY causing ct�aaciIan
<br />-�'�;�"', ; or pm�eding m be dismissecl amh a mting d�at,a�i.ender's good faitb dete�au�tion,pm.�Iudes forfeinue of d►e�o�ma��uer's
<br /> �-� -��' inte�est in the Pmperty ar other.material impaimment af tir.��en eeeated 6y tbis Secccaly Insuument or[.eadet's suuriry .
<br /> ° ait�esG Bnrrower s2�aU also be in defaalt if Bormwer. d►aing tfie loan agplIcation process, gave materially fatse ar
<br /> • ' a�accu�ate infam�atinn or statemeots w Lendar(ar failed t4 pmvide Leader with any material infaanati�71 in conneciia�wit#►
<br />- the laan evidencaf by the Note,inciuding, but nnt luaited to.�re.�n tations oo�uig Barmx�s occupaxy of the
<br /> � �... • � Pmpeity as a priacipa!�esideac� If[his Security Instmme�is on a teasehoId,Borr�aa�Lall com�Ip�'sth aIl the grovirions
<br />� of the lea.ee. If Bormwer acquices fee titie to tl�e Property.t�C.I�aseho2d and t6e f�titte�Il not merge untess LEUder ag�ees
<br /> ..,�.�•�.; : , , to the merger in writing. •.
<br /> 7. Pra4e�ion of Lender's Rigb4s in tht Propertg. [f Boiron-er fa�s to perform the covenants and agreemeats
<br /> ,_,.�. • , contaiaed'm tSiis S�urity Instrument,or.theae is a lega!proceeAing•d�.:may sigruficantly affect L+cnder�s rights sn the
<br /> , � Praperty(suc6 as a proceeding u�bankruptcy.probate.for condemnation or forfeitur�or to enfonce taws or reguta�anis).tfie�n ;. �
<br />:""�..: :, L�der�nay dn and pay for whatever Is necessary to protect the value of the Pcopeny and Lender's sights in the�ta�ecty. . `"":
<br /> � '' � I.c�de.r§aaions may inclicde�ying aay sums secured by a lien which't�as priority over this Securiry instiument;appeazing�
<br /> �• �. ��, ,�.�.. ' in coiut,paying reasona�bte attumeys'fees and entering on t4�e Ruperly to make repaiis.Although Lender may t�ce 3crion -_
<br />_^��,,� under thi9 paragiaph 7.Lendet dces not have to do so.
<br /> a
<br /> "'r� � Any amo•.mts disbursed by Lender undt�s this paragraph T shaU 6ecome additional debt of Borrower secured by this
<br />'_��::'� •y r � Security Insuw�sen� Untess Borrower aad I.ecder ag�ee to other tertns of paymen�these amounts shall bear imetest from the
<br />-r��';';°�?.:`�''�`� ' date of disbu�sement at ttte Kote rate and shat!be payab2e.with interest.upon notice from Lender to Barro�rer c�questing �
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<br /> "�`'���" 8. Mdrtgage Insorauce. If Lender required mortgage insurutce as a condirioa bf making the Ioan sec�d i*�3r this
<br /> �-•• "'"°�� " Secusiry lnstrumen�Bmrower shall pay fhe premiums myuiced to maintaui the mottgage insnra�e in effect. if,'fvr any _
<br />--- - - ' " teasan.t6e rtrortgage insarance coverage reqiured by Lender Iapses or ceases�to be in eKect.�firstzovrer shall pap the •� _
<br />_ _ � � �. �. premiums�eqnired to obtain coverage substandal�y eqnivalent to the mortgage insu�nce jr�.wia�i�ly ic� effect, at a cost �; __-
<br /> _- . .� � substantially eyuivalent to the cost to Borrower of the mortgage insurance previonsty imefeecY.fmrn an altemate mortgage -.
<br /> ? � ' . � irisurer approved by Lender. If substanti�lly equivalent mortgage insuiance coverage iK.nn�avaitable,Borrower shall pay to ��.-
<br /> l.eader each month a sum equal to one-twelfth of th�yeariy mortgage insurance premiunti 6eing paid by Brnrower when the �7;
<br /> Y, •�• � insurance coverage lapsed or ceased to be in effect. Lertder wiU accepi.use and retain these payments as a tass cescrve in lieu ''-
<br /> � of mongage iasirrance� Loss r�serve payments may rro longer be reqaited.at the oprion of Lender.i€mortgage insurance .
<br /> n �" � coverage(in qte�mount and for the�riod that Lender requires)provided by an insurer approved by Lender ngain becomes
<br />,'�?�'��x,i,.,�.. • los�reberve�nill ftxs r+�uiretn��nt fo�r�mongage ins�wence en�ds in accordance w�ith any�wntten agreem n�between Bo d er -
<br /> ��`4'�' and Lender ornpplic:ihi�Intv.. . � ,
<br />,:�.� ,, . . .
<br /> ' � • 9 Ins�ter.�frto. Le�tder or its agent may make reasonable enuies upon and inspections of the Proyerty. LendCr shall ,
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<br />-.'��-�: ' � . give Borrower aatice at tice ame Qf or prior to an inspection speci f ying reasonable cause for the inspecti4n. •
<br /> _- � , IO Condemnattoa. The proceeds of any award or claim far damages,direct or consequential,in co�ecdon with any
<br /> �'s�„ ��� "� � Singte Family--Fannle llfaeJFlreQGie Atu I1tiffOA119 L�SI'RU�fE:�l'f'--Uai[arm Covcnana 9190 (page 3 nJb pagesl
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