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<br /> w svall not e uareasonabty cvithheld.If Borrower fails to maiatatn covereSe desraIbed above.Leader may.at Lendds
<br /> -" — optian.o6rain coverage to pratect i.e�de�r"s eigJ�ts in tho P�,._-�ty ia�esorQatice�ith para�h 7. � -- - �
<br /> ., . A11�n�rance po�cirs�d r�ewats shall 8e aaepmble w L,ender and ahall tadude a sraadard mor�age ctauae.Lender shaU : � �—
<br /> . . . , have the right to hold We poIIdes aad renrwais. if Lead�requires.8orso�er sHall promPtl9 8ve to Leader ali reatpts of .._ °'-� �'
<br /> _.._ . .. . ,. . �_._`".-,:�:: �
<br /> pa£d premiums and renewal aotfas. ia t�a eveat of loss. Bossower sha21 give prompt aoHce to rhe tasnrance carrFer and �-,��.:.`
<br /> . - . LeQder.Lender may matce proof of loss ifaot maQe pmmptty by Horrower. '�� "4�"-`
<br /> � ,y Le T�.°���;�-
<br />. . Un3ess Leader and$orrower otherwise ag�ee in wtidag.instisaaae pro�ds shall be applied w restoration or repair of Yhe ..�.�x
<br /> ;' ,.. . :�'`�� � FroPerty'dama8ed.if the sestoratioa or repair is economicalIy feasible aad Leader's se�u�ciry is aot lesseued.if the restosatioa e�,V > _
<br /> �,--- __--
<br />, " or sepa�r is aot economically feasihte or l.eader's sec�aity wontd be lesseaed.th�insa,vance proceeds shail be appFed w the �-���
<br /> � ' sams secured Dy tYds Secusity Instrumen�whether or not then due.with aay eacess paid to Borrower.If$orrower ab�udons �':.����-'"'"�"�-"�-
<br /> ;. : -_., .� � -- thct Praperty.o:does not aaswer withiu 30 days a no8ce from Leader tbat tIIe;++�,�++ce carcier haa off�ed W seule a claim. -
<br /> ' •� : � ., then Lender maq colleet the�n�+,•a�proceeds. Lender may use the proceeds w repair or reston the Frapezry or w pay ��:°=--__
<br /> ' ` � sama secured by t2�is Seauit�L�tr�meat.wIIether or not thea dae.The 30-0ay perIod w�2 hegiu wLen the notic�is given. �Ll-
<br /> �� . ' • Uatess Lender�.d Borrower otherwise agree iri writing.as�►aPPlicatian of proceeda w prIncupal shati uot eareud or postpoas ��:-.
<br /> . •. ;„�',.� � the due date of the monthIy papmeats sefemd to ia paragraphs 1 and 2 or change the amonnt of the paymmfs. If uader °�` _
<br /> '� •;.. : ` ..F�TaBTaPb 21 the Propertp is xz�uired 6q LeaGer.Bosrower's dght w any ins�rance polides aad proeeeda resWt3ng firom �'""-
<br /> ,� .: � , �+ ;:.r, �. --�-
<br /> : ---- . -•-- --.--..._ .. . �a8e-ta the.P�4P.�Y..Pnas tp,the.RCquisciian_shari�ass to l.eader w ths e.�2 of ehe sum's secamd by tk�3ec.uritg ---.- _
<br /> �, Iasuumentlmmediate131 PTI acquisi -. ----. ..__..._ ...- - - --- .-- - �_-
<br /> _ ... . or w the tion. � _
<br /> . � �� . 6. OoeapancY, Presavadon� M�iat�ce atd Protectfan of t�e Pm�periy; Borrowers Laaa Al�plicatiaa; __-
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<br /> Leasehalds.Bonowea shall occa�}r.�5s�h.aad use the Property as Bonotver's psindpal residehce aith9u eiaty daye aiter ---
<br /> �• .•:. •.� �:. , the eaecuuoa of this Se�aniry Insuument�d shall ooatiaue to occupy the Property as Bonower's Pr�dpa�res2denca for at =_-
<br /> - -- ._• •- - ,teast one ye�after tha date oYoccupancy.�tess L e n der-o t h e t w i s e agrees i a�vritiag,whlch conseat aipaII not be uureasonably �'�'—
<br /> . ' • withheld.or unless estenuatir�g circumstaaces eaist wLicb are 6eYond Borroaver's ooa+.2�L Borrower sbari aot desttoq,dama8e ������,,,."�'
<br /> ' � • or atr tlte Pro ,a1toW the Pro to deterlorate.or commit waste on the Fro Borrower shaU be ia defauit if aay �i'-'-"
<br /> imP � PenY P�9 P�Y• �:,
<br /> ' , � • : ' fo�'einn�a acfloA a:proceediag. whether c.YS-� or crhnfinal.is beg�m tbat In I.ender's good tai@s juctgment cantd result la • `-��r'
<br /> :_. �. _ . :.._ . forfetture of the Property or odierwise c�z�Fallp impait the lien cre�bq this Security[ns�xnt or Leudsr's secutity =:..=�..
<br /> ' ' � {ntetest Boaower may cure such a defauit and reiastate,as provfided ia paragrt�h 18.by causiag��actioa or proceeding to r- �%`�'�
<br /> � , be dismissed avith a ruliag t�at.ia 1.ender's good Paitb det8rmtaation.preciudes fo�aire of the Barrowe�s iaterest ia the ��; . .
<br /> � � • Froperty or other materi9l iss�airment of the lien created bq th9s Seauit}r lasuuu�eat or Lender's securIty iatetest Borrower �
<br />� � . � shaU aLso be ia default if Borroaver.dwIag the loan applicatlon process.gave materialiq false or iaaccurate taformadon or � - .
<br /> . � statements w Lender(or faited w provide Leader wIW any mateeial iafosmaaoa)in ooanecBon aeith the loaa evideaced by the
<br /> � .. , -. Nou,Iacludla8+but aot limited w.repnseatatIona eoacemiag Borrower's accupaury of ttte Property as a prindpal resideace. __
<br /> , � ,�:' . � U tbls Security Inshvment is on a Ieasehotd,Borsower aLall compty with aII the provisions of the lease.If Bonower acqulres '
<br /> _ , . , fee ritla w We Property,tha leasehotd aad tha fee Stle shall aot merge unless Lendes agrees w the merger ia writing. . � �
<br /> ,.
<br /> : . : 7.$rolectioo of I.�ldeYs Ptights in the Property.(f Borrower faits to perform the covenaats aud ageements wntained in • =�'=-
<br /> • , this Secarity instvmen�or there is a Iega!proceediag that may sige�ifipntty affect Lender's stghts ia the ProPert9(such as a t �.=�
<br /> YI
<br /> . ' � . proceediag ia�.:.ktuptry,probate.for ca-'���+Hon or fosfeiture or to eaforce lawa or regt�laflons}.�en Lender may do and �:�
<br /> pay for whatcver is necessary to�rotect L'�e value of the Prop e r t y azcd II�eaCer's rights in the Pro�..-.y.Lender's•actions may ��+z--s—
<br />_ , ;�� , ". . include payistg aay sums s�aed by a lIeci which has priority over t4is Sectuiry Instrwnea� aPPearing in court.yaying .��::•=h.�r�:�
<br /> ` `.'`'��' nasonable auora fees ..�d ea on the Pro to�make ai�s. Althou Lender ma taks actioa under ih3s �';�`�,��;'�.,.�_�
<br /> . - �� ' �8 P�3+ � 81� Y t�,��,..
<br /> ` . • para8raph T.I.�der does not have w do sc.. . ^ r'
<br /> � f ��..
<br /> � _ . � � :° Aay amounu d3stiwsed by L.endes uad� •�s paragraph 7 shall become additioaal debt of Borrower seaued by this Securiry .�'��.�...`.�°
<br /> �C � IasuumenL tlntess Borrower and Lender a ee w other tcm�s of a en�these amouats shaU bear inurest from the date of • � ' ���'�-u
<br /> dis6uraement at the Note sate aad ahall be pa�yable.with interest,upo noflce from Leader to Borrower requestlag gaymen� • P{�'-.: -:�� FK-+
<br /> ; F"" ' .
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<br /> -� 8.Ma�tgage Insuraace.IP Lxader required mortgage insurauce as a condidon of makiag the loan secused by t'ais Securiry �.::�1';;�.`.°: . .
<br /> lnsuumen�Borrower ahall pay the premi�ns required to maintaia the mortgage iasuraaec in effec� If.for aay reason,the �;��',,:�'' . �
<br /> 'j � , . '. _ mortgaga instQanca coverage required by 1'i.euder lapses or cease.+w 6e ln e$ect,Borrower shaU pay��premiums recrytred to . •�•
<br /> ' • � . . obtain coverage substandally equivaterit to ttte mortgage insurance prevIously ia effect.at a cost su6stanHally equlvaIent to the , f `
<br /> '. ��. ,F . cost to Borrower of the mortgage iasuraace prevtousJy in effect.from an alternate laortgage inswer approved by Lender.If ' � �
<br /> • . � substandaliy equivatent mortgage insurance coverage is aot avaitabte,Hoaower shall pay to Lender each month a sum equal _ '
<br /> - � • ' to one-tweItth of'the yeariy mortgaga lnsuraace premium bdag paid by Bonower wheu the inswaace coverdge lapsed or ..
<br /> . • ceased to 6e 9a e!t'ect I.euder will aocept,use and retain these payments as a loss resetve in lieu of mortgage insurance.Loss ,'
<br /> _.� .. � � resmre payments may no!oz►ger be required.at the opflon of Lertder.if rnortgage insurascce coverega(in the amount and for : .
<br /> . ,, ., the pddtiaod that LenQes requ3res)provided by au inswer approved by Lender again becomes availabte an� is obtained. ,,,
<br /> �'� ' Borrower shall pay the premiums reyuired to maiataia mortgage insurance in effec�or W provlde a loas reserve.until the �
<br /> ' # _ . . requiremeat for mortgage iaewaace eads ia accordance witb any writfen agreement between Borrovrer and Lender or : . �
<br /> :� ' ; appllea6le law. '
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<br /> �� 3Gf��i[mtry-iNYA/i111i1C UNIFORY IN9TRUlIEHT FOAlO 302e �8f80(Ptgs 9 of 8 Oaqts) � .
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