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<br /> S. HP.zsFd�c�r!'m�erly fr�raace. Bams�cr shall teeeP a�e i�praverr�ats uaw�existin� or eem;afier ereste� an s?�c . , — - -
<br /> � .�ev�eity iq�ucc�against loss by,fir�.hszards tc�Iuded wittun t&_teun"sxteud�cci�er��'����aa�2r haza.*d�.it�u�:.*�
<br /> ,-#tc�a��f t�In�;fox whicn Lendsr rcquims insuran�:inis it�urance shatl�cnsis►t�in�ta ttsa ar��8�tt.faE t�-��.--- �- -------__ .
<br /> ' that Lenct�r•�quines. 'IYte iasuraIICe c�ttier pravidins�ti�insurunce shal!6e chosen by Bormwer subjecc to L�nder's spproval ��_
<br /> v�H:ch.sQ�ll not be unreasoaa�ty withheld. f€Borro�ver f�iL�tu m�ntaii►coveragC desch�0ed aitave. Ler.d�r maY.at Lendet�s
<br /> a�ron.o6t�in coYerage to prflt��rzder's aights in the Pro�rry.��:xordan�c�vitlr para�e�ph 7.
<br /> AIi insuranr�e poficies aixl�euswals al�all 6w acceptab2e to L4ader uacl shall i�clude a st�►dard mort��ge cisuse. Lender . _ __
<br /> � shal[hau°the right ta hoid the poG�ies and�ewals.If Lendee requires,Borrower shall promptiy�ive to Leuder all receipts of
<br /> paid przmiu�cs a�rene�val notices.•In the event of ldss:Borrower shall gice prompt notice to the irss�rance.carrier and Lender. —�_
<br /> i.e�d�msy malce$roaf af iass if sxat a�e pmmgtly by�irflrres. _--_ -
<br /> Unl�Lender mid Bdrsower nthemrise agree in arriring,insaratcce pracee�s shalt be�apPlied to restoratian or repair of the _ -
<br /> Pro�eriy damage�,if the restoiation or tepair is�coaomicaliy feasible and Lendez's securiay is not lessened.If the reswration or = --
<br /> �� . rega3r.is uot eoaaomicalty feasible or Lende:c's security woutd be iessened,the i�uraicce praceeds shall be apglied to the s�uns
<br /> s�red by this Sr.airiry Instrua�ent, whether ar nat then dt�e, with a� excess paid to Burrower. If Bomnwer abaadons the
<br /> PYoperty,or daes nnt ansv�er�vithin 30 days a untire from Lender that the insura�cce cazrier has�offered to settte a claim,dfen �-
<br /> t�der may callect the insEUa►ice pmcee�s. Lcader may cLe ohe proceeds to repair or restore the PFnpzrty or to pay sums
<br /> seru�d isy dus�ty�ent.whether or not then�ue.'f6.e 3f1 day periad will Begin wfien t6e rsnuce is givea.
<br /> � Ualess,L,ersater an� E�rmwc�bthecavise agree in writing, anY aPPlication off prac�ds to principal shall nat exteud or -
<br /> Fostpone tf�ee due daze af t6.�maAthly paymeats referred to in para�iis i and 2 ar cbange the amnunt of tIie p�yments..3�� ,: `��.
<br /> vazder p�agra�h 21 tt�e Pio�e�r;s.acquired 63 L�ender.Horsawer's ri�4t.t�,any'ui,..�'tsr�e Poli.cies�d.proceeds z'e�itiug�:" '::�;',';,____
<br /> � .�ge to the ProPectl'g�ia�,t�tc�e'�uis*_nion shall pass to L.en�er t�t�sr e�teat`4Ei�tte a�'.s�e.t�.;+��t3�is S�is:-�tmst�.�.^`4�'1s: _�__
<br />. . � immediaiefy�#it�e�;�,.�,.` , ;...:: ',, , .•.: : , , •:. , � -- - _
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<br /> � . $;tF��'�,��^.:�c�.�eand F6eieclia�agC���eetyi�orto�r's Sm�m��A�cabion:I.��ib.:. :. : _-- _-- � .
<br /> ���sr-���cs��;esta�tishr and ase t�ta.L?i�pe;ty as Bnrran-e�s gri�cipa!residence within si�.���ays after the executian a� - .
<br /> . [�3i^.�ta�ent ant4 sha11 cantinue ei�occupy the Fraperi�i as Burrower's principal resideace for ai least.one year ati�z
<br /> tl,�r�at�ot occupancy,unless I.eader otherwise agrees in writing,which wnsent shall not be unreasonably withfield,or unless � __-__ -
<br /> extenuating ciraamstances eziss which are beyond Bormwer's oonuo9. Borr�iver shall not de.�troy. damage or impair the
<br /> , Froperty,allow the Praperty to deteriorate.or comrait waste on the Property. Eorcower shall be in defaalt if any forfeitune • �����_
<br /> action or proceeding.whether civil ar crimuial.is 6egun that in I.eader's good faith judgment wutd result in forfeimce of the ---—'-
<br /> Property or atherwise materiatty impair the lien created by this Securiry Uutrurtient or Leadec's security interest.Borrocvet may -�
<br /> cure such a default end reinstate.as pmvided in para�aph 18,by causing the action or procceding to be dismissed with a ruling ��.�
<br /> that. in Lende�'s gond fa3th determination. precludcs forfeiture oP the Sbnower's interest in the Property or ather materia!
<br /> . impairtnent of thc lien created 6y ihis Securiry [n�trutnent ot I�ender'� security interest. Borrower shall silso be in default iF
<br /> Borcower.during the loah application proaess,gave macetially false or inascurate infom�ation c�r statements to Lender(or failed
<br /> to provide Lender with any material infurmation)in connection with the ioan evidenced by the Note. inclading.Dut not limited .
<br /> to.represertations concerning Bormwei s accupancy of the Property as a principa!residence.lf this Securiry Instnunent is on a
<br /> , leasehnld, Borrower shall compiy with alt the provisions of the tease. IE Bonower acquices fee titte to th� Property, the r '`
<br /> teasehoki and the fee utle shail not merge unless tieader�grces to the merger in writing. '
<br /> � 7.FraL�ciEon oYLender's Rtghts in the Proper4y.If Borrower fails w perfarm the covenants and agreements contained in , . � . ,
<br /> ' tt�is Security Instrument. or there is a legal proceeAing that may significandy affect I.ender s ri�hts in the Property(such as a ��„.t�°': .:
<br /> pmceeding in bankruptcy,probate. for coademnasion or forfeiwre or to enforce lavis or regulations),then I.ender may do and ----=•--;,;.� -�`-
<br /> pay for whatever is necess�ry tfl protecc the value of the Property and I.ender's rights in the Property. Lender's aarons may ��''' %-
<br /> include paying any sums secured by a lien which has priority over this Security Insmiment. appearing in court, paying ' 7�,-- •;� �"�
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<br /> reasonab2e attomw-�s'fees and entering on t�,:Property to make repairs.Although Lender may taG.�4ction under this Daragraph •,r '`�.�"''�`'""'"`'`••=_
<br /> ?,ixnder daes•r�e,:��V..,ce t�d,sso. � . . '- - `��-
<br /> . - Any 2a:c'»rs d'ssbcr�i! by Lender under this �aragrapf� 7 shall beeome additional debt cf Borrower ss�red by rJ:�:� ��"�'�";'._~--��=-•
<br /> Secprity Inst�uers. �Undess l3onower and l.ender�;c�e to other tcrms af a ment,4hese amou�ss shall bw c�.��:est from t9:ti; . • � �` �'
<br /> P Y `���....::
<br /> dase of disbar:;�..�s Et the Note rate a�ri��all be payable,with inr,;�st, upon aotice from I�.�ii.r to Borrower requestsr�, �;�;,:���._: : �
<br /> .:..rze.;
<br /> paym.ent. , ...�. : .. .
<br /> S.�+Iosig��e I��str�n2:Gi Lender required mortg�ge insurance as a conditi6c,i�:f making the loan secured by this Security .•'�::'`�:�'•`�'_. "�';�£
<br /> r,Ft::,,. � � _.+a�?-':w-'- .-
<br /> Inswment, Botrower sha;L` �aL��the premiums required to maintain the mort�;�=r:surance in effect. If.for any reason, the f�i;�?. ; , ;�:•
<br /> : nortgage�insurance covera�::rquired by Lendcr lapses or ceases to be in effect,C�rrower shall pay the premiums required to •'•'�� ;;�'+;'�.,.`-t:-, �
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<br /> obtain caverage snbstantia!4y equivalent to the mongage insurance previously ia effect.at a cost subsutntially equivalent to the : • � '���> � •
<br /> y yf�,lt
<br /> cost to Borrav�er o�the�rrr'.gage insurance previously in effect,from an altemate mortgage insurer approved by l.ender. lf . �;f;��:•, • �
<br /> �r,�stantially equivalent ntv�sge insu�coverage is not available.Borrower shall pay to Lencler each month a sum equF►1 to ' ' •� .
<br /> ��twetflh of the.yeariy n:E�rtgage insurance premium bein�paid by Borrower when the insurance caveraae lapsed or ceased to � �. ' .
<br /> be in effect:Lertder will accept,use and retain these payments as a loss reserve in lieu of rttortgage insurance. Loss resenre • ' . . :
<br /> � Form 3�a8 9/9U�� ' . . . .
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