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<br /> � ` ' �.S..H�ar�ar Fi3i�+F�a.�.�. �nwea�!1 k�g t�e im�rdv��s r�w•cr.i��;Q�hss�fter�.z�ts�fi c�tbe. `� _
<br /> , �i�e�tY i�snr�l agaiast ta^.�s��y•fue.�ar�is.in�hcd��rithin t�icrr�,°Exc�td�so�e�e'end.a�c�r�i�s¢s+.ic�t�:ding �� '. - - -
<br /> ftoada or IInading.for�vflicl►I,c�er�quirs insuraatoe.'8his insurance sHat!t�,mainSait�d,i:t ths,amauats ai�sl fei tht pca�qds.
<br /> .==�t l.eadL�t�uires.3g:e iasys��csrrier providtao i9�a in.5iirauce shs!be chusen by 6orru�srer subjx-i to Lcne�sr's agpmv�! ,
<br /> � • artuch sfiall nQt be unte�onahly withhetd. [f�rrAaer fai�s to mvniai�caee�age describe�.zbave.Let�ma�r:�.t i�'s,. ``
<br />` , .aption,,mt�-aia coverage tQ pmcsct Lc�ider's rigkts in.ths�mperty in aceordaacc with par,tg�p��. � , '
<br /> AIi'iasurt..nce poGcies and cenr<<rais•�a�1!}e�eptahie to t�es�ttd�atl incS�e a ssaadard�rt�age ciause. Len�er
<br /> sf�nii E�ve tlts rigbt to hotd thB palicies and rz�+ivals.ig I.ender requkrs.Borro�uer shall,�uampttY give to I.e�.er a1J r°..ceipts of
<br /> paid psemiwns an�renevral nauocs.In the ever�af lass.Borrowcr s�all,�ivo prom7st notiee eo che t�sara�c oarrics and t�endcr. _
<br /> Le.�d,."r s��c prcmf c�f l�3s�F�t mx�te p�tiy by.8�aower. . , -' � ' • - .
<br /> . � .Uales�i�nder asd Barcawer othetwis�agree in vrritiag.iasurnacc pmceeds snaU be applied to resturetiaa ar regair of the � —
<br /> FxopeRy damaged,if tIIe ressnraion or repair is ecoanm?rally feasibte aad Leadei s security is qat les�enQd.If ih�Nstosation or
<br /> repair is not eaonomicaUy feasiblg or Leadea's security wauid De[es�eaed.tlie insursnce,pmceeds s5all be appLed to GBs sums . .
<br /> secvre8 by ti�is Security Insuurue�. whether or not then due. witts any excess paid to Bamlwer. If Bomawer abandons tiiee
<br /> Pragerty,nr dnes.nnt aasK•er wiEbin 30 days a notite fro�Leader that tfle Insurauce Gzirier has offere�to sgttle a daim,then
<br /> Leader may aolle,ct the i�sur��praceeds. L�eridsr m3y.use the:praoeeds to t�pair or restore eh�Frnpertty ar to pay sums
<br /> secared by this 5ea�rity Inswment.wheth�r.ar not thea due.l7ie 30�da3t�eriod wiU.begin�vhen t�ieltta�-is given.
<br /> Uflless Leader and Borrovirer othe�wisa agrec in writiqg,anY.�[ication of proceeds td�priacipa�.si�all noY e�aeu�or : -
<br /> pastpone t�e d�date of the manthIy paymcnts referred to in para„�raphs 1 and 2 or chaage th�amaruid,af ttce paymcnas. [f ,
<br /> uades Paragraph 2l the Praperty is acguired by Leadec.aorn��res's rigi�t ta any ins�anre policics arxt�raceeds msulting`from
<br /> da�tge w the Pmperty prior to the acquisitian sball.gass to L�der w the e�ent of the sums serared Dy this Sec�triry�nstruinent __
<br /> • � �,nm�t�arPty grtor to e�p�,quuisition. .. ----
<br /> � 5.Occ�nsy,Preservatloa,Mafateaanre and I�iect�on of the Properiy,Bormwes's Laa�e Appltcation;L�botds. � -__�
<br /> . . Ba:rowec sA.alt o�upy,establisli,aud ase the Pmperty as Bosrowe:'s prin�ipal residruce within sixty days after the esecutiaa of _
<br /> this Secu�i=y,Inyqunxem and sball continue to occ�p*J chs,d�roperty as Bormwer's prineipal resider.ce fflr at teasc�one yeaa after
<br /> she date af occupaacy.umtess I.eader otherwi�e agrees jA wtiting.�which wnsent shaU not 6e anmasoaably withtteld.ar untes4 =-=
<br /> :'�xtennating cucumsFances eaist w6ic6 are �eyond Eo3rovrer's r.onuol. Bormwer shall not destmy. damage or impadr the — _
<br /> �Ptaperty.allow the Progerty to deteriorate, or commit waste on the Propercy.Borc�wer sha11 6e in default'if auy forfeiture �.�,,,t�4=�
<br /> artion or Fmceeding,whetIler civit ar criimna}.is begnn that in Lender's good faith pudgment cauld result in forfeiture of the ��`��- -
<br /> • .Property or otherwise materially lmFair the lien created by this Securiry Ipstrume�or Lender's securiry ipterest. Eorrower may �
<br /> � care such a defautt and c�instate,as provided in paragrapb 18.by causing the action or proeeed'mg to be dismi�sed with a tuling ,��
<br /> ulin
<br /> ;i3;at, in Lender's good faith detesminatioa, prectudc�forfeiture af the Borrower's interest tn[be Property or other material "
<br /> a
<br /> �unpairment of the lien cceated by this Seeurity Instmmerit or i.ender's security interest. Sorrower s�all also be in defanit if
<br /> � Barmwea.du.��ing the loan application p�cess,gave materialIy falsa ar inaccurate information or statements to I.�nder(or faileQ
<br /> to pmvide Lender with any material information)in connection witt►the Ioan evidenced by the Note,including:but not limited �
<br /> � eo,representations wnce�ssng Borrower's occupancy of the Property as a principal residence.If this Security Instrument is on a �
<br /> � leateHold. Bormwer sP.alY.�romply with ull the ptovisions af the Iease. If Borrovrer acqu9tes fee titte to the Property. the �
<br /> . •s
<br /> leusehold and the fee tide s5al!not merge un[ess Lxnder agrees t�the,merger in�vriting. _ �
<br /> 7.Ptatect�oa mf LeadePs Rt�ts im the Property.If Borrower faits to perform the cavenants and a�teements cantalss�d in��� , _ •, . , ' '.-'
<br /> this S�euriry lnsmunent. oathere is a tegal proceeding that map significantly affc�t Lender's i3;,�.ts�in�the��Property:Es*1sh as a � 4�wr±+ —
<br /> �roceeding in bankraptcy.probaze. for condemnarian.or forfeiture or to enforce laws or reguI��:ss1.1h¢n Lender rn�;�;c�and•� ;`r'�'"` �-''
<br /> _ �«�:--
<br /> ''s%y". -
<br /> {�ay for�vhatever is necessary to protect the valae af the Property and l.ender.'s rights in the Properry.I.Q.�der's ac�ian"s may r=,,;;y, �
<br /> �.uTCluda payin$ any snres secured by a lien which has priority over this Security Insuur��:, appeari��:n �ur�. gaying • �''"'� ��`��'
<br /> rea�onabte aitrmeys'fees and entering on the Property to make r�;uirs.•Althou�h l.ender maq r.,�.�e action under this parag�aph �='-'�;�'�_
<br /> 7.Leader de��ot 6ave.to do so. � " ��_=
<br /> My��vnto dis#sr�ed by Lender under this paragraph 7 �sw2:! beoome additional de63 of Borrower secured by this . =�r'!�,��-"...�,._-
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<br /> Security instrument. Uai�Sorrower and Lender agree to otCer terms of pays��,these amounts shalt bear interest from the ��:;,.:` �. �
<br /> date of disbursement at the Note rate and shaU be payabte, with int0res� updca�notice from Lender to $orrower reqaesting J`::`�' '::�,;�
<br /> payme�n. •. . . �°,�,:.�,::. .,.• +:..��:.,_
<br /> �f. �. �.�. '.�b��\_eI rr:.
<br /> S.Mortgage Iastaraace:If Le�:equired mortgage insurance as a wndition of making:r�'.ioan setured by this�u�ity .t;. ,..�dr
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<br /> lnsm�ment, Borrower shall pay the�;�iums requir,ed•to maintain the mortgage insurance m effect. If. fot siny re�z�. the 'k•:�,�..;:�;•'.
<br /> I1
<br /> mort e inserance wve e uued b Lender 1 ss or cesses to be in effect. Bnrrower shali the r,�iums r ir�d to 'r `' ''''.'fy, • .
<br /> s� �s � ' y � �y � � . . . .,.. ..
<br /> ubtain coverage�substaavalty equivalent to Ihe mortgage insurance previously in efFect.at a cost substanti�l�r equivater.t'to the ,.. �•
<br /> cosi to Borrower of the mortgage insurance previousIy in effect, from�altemate mortgage insurer approved Dy Lead.cr.. If . •
<br /> substantir�lg+equivatent mart$age insurance coverage is not available,Borrower shall pay to Lender each month a sum eQisr•.t to � "� � ' .
<br /> one�twelfth of the yearty mortgage insurance pmmium being paid by Bonower when the insutance wverage lapsed or ceased to ' • ',.
<br /> be in effect.Lender wilt accept, use aad retain these payments as a loss reserve�y�.�lieU of�•tnartgage insurance. Loss reserve . ' .„ ' ,
<br /> Form 3�28 9190 � .� . �. � .
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