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<br /> _ �.:'.�:�; � �efii�l� :.1r.!II itot [3c unrc_�cumbly �vithlicld. If flz�c���^cf f.1i1: to s�i:�int�in covcri±;c c?cscrib.c! .iI:OVC. Le��dcr r�i�y. et �.cn.�l;r:� --
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<br />':i`,:;:�'',�;"-„z'�� ujtliull,cutaFn cuvcm�c tu prntcct I.cudce'y�•i;;lits in tl:c Prap:rty iiz..c�rd,^.izcc uith t;�r�����aph %. �_
<br /> —_ - AII IllSilfQll�C�}UIIC(L'ti :IIIII fL'I1L'W��9 Sllall bc ncceptablc to f.�ndcr and shall hxclude n standanl nuinga�e clnusc. I.ci�dcr --�
<br />, -�-�'-'-�-� ah;ll Piavc►f�e ei b�t tn ltuid thc �nlicics:ntd re�izi��als. I�'I.cnd��re uir��s.IIc��co�:er�3zatl u•om�tly rivo az I�:;ule��;�11 c,:c�ifsts of �':'.
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<br /> -- � paid prcmiurns und renewul itat�ces. In�he cven:of loss,Borrawcr sliall�ivc pcompt r�otice to ti�e iusurance�Mirier anc!l.cndcr.
<br />__ ,� I.cndcr mry m:ilcc prr,of of loss if nai msde�rUmptly by L��:ro:.�er. -
<br /> ---- Untcss Lend�r nnd Horrower atlicnvise vgret in ariting, insurancc procecds shall bc applicd ta scstoraticsn ot•repa�r of th�
<br /> Properfy d�taaEed,if the ressoratiou or rcpair is economically fcasi6De and L.ender's security is not Icsscned.If the restoration oi-
<br /> �---_--- mtuir ic nnt nr�uu�m��dlu f���l.l�n..t���:a .:�... ....:..4. �" ::"'�� �'• �_ u� u.�
<br /> -- _ -,-.. -.� ... ..:�e:...,t .".... ..., .»���w.�u�ii�5i;io�d� �„vowua m�du+ri d}�N�ieu iv iii�aunr,: °
<br /> - -=-� secur.ecl by this Securcty i��strumr.nt, wh�ther or not ttxn due. with uny excess paid to Borro�vea. If 13urrower aUan�fons thc
<br /> ____ -__. Propeny,o.r Joes not lnswer within 30 days a notice from Lender that the insue:�nce carrier h�s offem.d tA setdc.�ctaim, th:�
<br /> — L.ender may collect the insurance procee�s. Lendcr may use th� proceeds to repair or restare th� Ptopr,�y or to p�y sunt,
<br /> __ ___- se�u�ad by this Serurity Instrument,�vhcthcr or not then due.'i'iic 30-day period�vill begin�vhen the notice is�iven.
<br />__��=____a Unlcss I.ender and Borrowcr othcrwisc ag�ee in writin�,any upplication of procceds to principal sliall not extend or =
<br /> postponc the duc date oi the manthly payments referced to irt paraAr,�phs I and 2 or chunge thc:imount of thc payinents.If
<br /> �� undcr parag��pf�?1 the P�opecry is acquirerl by Lender,Borrower's ri�l�t to any insuranee policirs and proceeds resulting�e•om
<br /> damzee tn thc Pr�;x�rty prior to the acquisition slta!!pass to Lecd=r to the extent of th�surns sH.urcd by this Security t�s��a;.�n. _--
<br /> -----= in�mediatcly prior to die acquisition. --
<br /> �'�T-l'- 6.Occupancy�Frescr�atton,Matntenance and Protection ot the PmTrcrty;fiorrower's Lnnn Applic.ltian;�.c�schold�. �
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<br /> - ._�.�v�,,�..��; Burrower shall ocrupy,establish,artd use thc Prc�perty as Borrower's principal mside►�ce within sixty days after the executian of `�°-
<br /> __ p��� this Sccurity Instrument and shall continue to arcupy the Propeny u:,Baaowcr's principal residence for at least one ycar after -_
<br />-�rtx�z�'-• th�datc of occupancy, unless Lt.�:1er othcrwise agrees in�vriting, which wnsent shall not be unreasonably a�ithheld, or unless
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<br /> extenuating circurnstances exist �vhirh are beyond Borrower's control. Borrower sha!! riot destroy, datnage or impair the
<br />_'�'T�°� Propetty, allow thc Prope�ty to dcterioratc, or commit waste on the Property. IIorrowcr shall be in defaule if any forfeiture
<br /> _�:-�=;;.���� action or pruceectin;, whether civil or criminal, is bcgun that in Lender's good faith judgmcnt could result En fodeiture of the ----
<br /> --r�� Prope►ty or othenvis:materiaUy impair the lien created by this Security Insteument or Lender's security iruerest.Borrower rnay �"�
<br /> --`�_�"�`� cure such a defnult and reinstate.as provided in paragraph 18,by causing the actian or proceeding to be dismissed�vith n ruling -
<br /> ...-�_.;':�riyn:� �L1I. III IRIIfiC['S �oDd faiU9 tieterniinati�tn. nrer.l��dr.c f�r(bin���nf Lh? �^STL':'.'�5�.`. !SlS:!'�°( SSS Z�C Dft3�ft'j GT aniRi i83tci�di ---�
<br /> - �� -��,� impaitment of the lien cttiated by d�is Sccurity Instrument or Lender`s security interest. Borcower shaIl tdso be in default if
<br />- "'�"��''°" Borrower,durin the loan a l�cation rucess, ave materiall falsc or in�ocurate information or statements to L.cnder(.�r failed
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<br />'='--z�-�-"'wn� to Qrovide Lender we�1►any material iaformatiun)in connection with the loan evidenced by the Note, includin�,but not limited —
<br />_�___��"-�� to,rcrresenGztions conceming Qai�ower's occupancy of the Pmpe�ty as a principal msidence.If this Security lnstrumenl is on a �
<br /> �r;;'_ __ Icasc-ir.��cl, Borro�vcr shall comply with all the provisions uf the Iease. If Borro�ver acquires fee title to the Praperty, �he �
<br /> __ ____�,_-� lpsc,�,.Tld and the fc:title shatl nat merge unless Lender agrocs to the merger in writin�.
<br />___�M 7.Pimt�cttaci cS Lender's Righls ln thc I'roperty.If Borrowcr fails to perforni thc covcnants and agreements contained in �-
<br /> -_��� 1:
<br />_--�R,�wa�r� tl�is Secu�ity Instrument, or there is a 1cga1 procecdin� that may significantly affect Lender's ri�hts in thc Proper[y(such as u ,..-,
<br />-�__:�.:r�L=::r„�•� prncc�iing in bankruptcy, probate, for condcronation or forfciture �r to enforce laws or regulations), then Lender r�nay do and
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<br /> �--- -.;.__y�„�. pay for�vl�atever is necessary to protect the v�lue of the Property and Lender's rights in the Propertp. L,ender's actions may
<br />_=T41"'_ °=",=' ineiudc paying zny sums secumd by a lien which hns priority over this Securiry Instrument, appearing in coun, paying
<br />-'"°"""�`"�"`°' reasonsble attorneys'fces and entcring on thc Property to make repair�. Although Lcnder may t��lcc action under this paragraph S"'�
<br /> �~`T`����'��`���[y� %,[.endcr doea not have to do so. '
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<br />�_.R,,;R:t�---- Any amounts disbursed by Lendcr under this parngraph 7 shall hccome additional debt of Borra�ver secu�l by this � ��'
<br />�:u;�,;;'�,�,. Security Instrumcnt. Unless Borr�wer and Lcndcr agrce to other temu of payment,these �unounts shall bear intcrest fr�m the
<br />�.�r:��;;� date of disburscment at the Note rate and shall be payable, with intcrost, upon notice from I.ender to Borrawcr reyucscing
<br /> - :' *�^ paymcnt. .
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<br />�'Y';y�:`��� 8.MoMg�e tr�m�rnnce.[f T..ender required mortgage insurance as a condition af n�aking[he Inan securul by this Security �
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<br /> _-"==::��� Tnstrumcnt, Sorro�ti•cr shall pay the pnemiums rcquired to maimtain the mortgage insurance in effect. If. for any reason, the
<br /> ����� maregage insurance cov�rage crA�uired by L.ender lapses ar ceasPS to be in effect, Borcower shsll pay the pmmiums r�equired to
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<br /> __a,,;,�,;;,� obtain coverage substantinlly equivalent to the mortgage irisurance previnusly in effect,nt a mst substantially cquivalent ro the
<br />?`-�'`�'.�`^' cost to Borrn�ser of the mortgage insurance previously in effect, from a��altematc mon�abe insurcr at�proved by Lendcr. If
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<br /> _,_wF,.��:,� suUstaniially equivalent mort�age insurancc cos�emge is not available,Borrower shall pay to Lcnder e.1ch month a sum equal to
<br /> __ _,_.::"�;�;; on�-twelfth of thc ycarly�ortga�c insur�nce prcmium being paisl by 9orrowcr�vhen tF�c insurance rnverage lapseci or ceased to
<br /> __ _;:;y-.-.- be in effect. I..cnder�vill acccpt,�se and retain these payments as n loss rescrvc in licu of mortgage insurance. Lass rescrvc "
<br /> _ ��,��: Form 3028 9/90
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