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<br /> _�-A��.�i s.Haxara ar Propeny[.wn�ee, Eorcowu�nau kap tho tmpcovanenn now exiainj ar haat�a ee+ecEad an d�e PcopAny _
<br /> � inwrod�insz la�sss by C�rc.h�z�rGs tncludal within ihc tum "wc�endod covcr�ge"and any rnhar ha�xds�inciudins tlooda ar
<br /> �;,�=,� . fiooding,fc�r which Lende�roquitq insumioo.This Ins�uaa�'.e stull be msinuLned in tha ttma�nu and fat the puk�ds tbat l.�ndet —_
<br /> <:jm�._:.;��.'-• rcquL�.Tho insuranco c�rriea�mviding the inturu�co►tu11 be Choaea by Barowa subjoct t�Lenda�'s wpgooval which si�l�nut
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<br /> ...:,:p; ':e be unrea�on�bty withhekf. xt garowa f�il� w mainuin covutga ckacribed Wwve� I�ender may� at Lendee'e opdon. i
<br /> .:. �''` � covurgn W(xotcct Lcndtt's tigttts in the Ym�tY tn�admca with p�gr�h 7. --
<br /> s,�r:�;_
<br />._.:"l p'vil,��` 'r�.
<br />.N,.,,�.�:: •, Rll ingunujce policia and nsnewals stu11 ba axe�tebb w i.endu and shall lnciude a stndxd�natg�ge claux.I,a�der�tU
<br /> '��'�"'���;'.�... ' havo the dght w hoW tho pc�Uc"scs cnd re�uwals.If�.aKlu roqulre�.E�orro�ver at►�11 IxomW1Y 8lvc tn I.axkr�Il ra�of�id
<br />=.;w.��t:�:. .,:
<br />., ,.;z: , ;"�, ; �° premiucns md renewal nc�ices.In U�e event of las�,�omawa siu�tl$ivc pmmpt notica W tha inwrance carr�a and lrender.I,e�nfer
<br />` -.�'':.,, b Borro+vet.
<br />._�.�, n;,� ' mgy malco prnQf of bss if not mado P�P�Y Y
<br /> .°, �,, �, Unkss Lcader and Hormw¢r od�awi�o�groc in writlrtg�icuurance�proceods�hall ba oppUed c��rs�o�tbn or npRir of�ha
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<br /> _�;:�� pc�ty demagcr�,�f thc re�tbn or�air is oconomi�ully feuibb snA L�cr�der's axurity u not ies�aiod.If t#�e re�eatian a
<br /> - , ,;* rcpair is not ccoaomicaliy feasi6]o dr Lendar's socurity wouW be kssened,the insurance perneod�ahall bo�ppllod W the awr►� _
<br />_R;H "' . . . socured by this Sacur[ry faswment, wt�t�el or not theti dua�with eny�aceess�aid ta IIamwa. If Sacrowa atwtidoni tha
<br /> .....--.:-- -.- Pmpe�ty.or docs not enswer wItliln 30 days a notice from Lcndu�1�at the insura��ce canicx ha�s ofie� to seqk a cisim,�ha► _.
<br /> =-:t�_ _ r....a..�....wn��tiy:,�..•'.:«��^'."'"°'�. r�.tnr may use the�ro�'.eEd.9 to[CD7i[0[[CStO[0 Ii10 F[OpeYiy ar[lu{�1y Slifils�S�i;uii-� - -
<br />. _-'__'__'.':__'_ a.�auv�ti�w) N•..�v........._..__ —_
<br /> „ by this Securlty u�stiument,wheiher ur not then due.'Ihe�-day period wil!t►egin when the natke is givai. --
<br /> �',::�'t s' : lJnlcss Lettder and Bomnwer othetwise ag�ee in writin8�enY aPPlicadan of praca,d�tn p;incip�l st�ll not oxt�d or posq�one
<br /> ,,.,_�..
<br /> . ;:,t�;�;•,•r, tho due da�e of t;�e moathly payments refeired w in pueg,�sptzs 1 end 2 or change the amount of tho payments.If uadu�gnph
<br /> ,:��`::�,, 21 ►he Property is acquimd by Lender, Borrower's right w tu�y inswiu�c��sa4eies snd prou�s r�uttL�tg frem c.'s.mage W ttse =_
<br /> ., . .:..::�.: � .
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<br /> • ;. ,;,,,:t:; ProPUtY Driar to the xq�dsidon shall pass W Lender u� the extent of u;e s�u-as srcured by Lhs�ec�sity L��ln!menr immr,tuvety � _..
<br /> ,�'�' prior to the acquisi6an. _
<br /> _- = R:e�ecunancy;Pre.servatba�IViiintenance and ProtectFon ot the Property: Bormwer'a Loaa Application:Leasehotd�. _
<br /> aoirower sha11 occupy.establish�an�d use the Property as Bom►wer's principal reside,nce witriin sixty days efi�the execution of
<br /> ��� '' this Securiry Insmuncnt and shall contiaue t�o occupy the Property as Borrower's pcincipal reside,na for ct kast ona yeu aft�er the
<br /> �;.
<br /> date of occupancy. unless Len�er otherwise ogrnes in wri6ng, which conseat shail not be unreasonably withheld,or unless _.
<br /> � eatenualing circumstances exist which are beyond Bocrawer's cantrol.Bonrower shall not destroy.damage a Imjmir the Propeity. _-
<br /> . allow �he Proparty to dcu�iorr�te,or comaut wast,e on the Propeaty. Barower shall be in default if any forfeiwre actioa a _
<br /> pmceeding,whether civll or criminal.is heg�n that in I.ender's good faith judgment could result in farfeiture of the Propaty a ---�
<br /> � othawise�aterially impair the lien creatat by this Securiry Instcument or Lender's securiry interest Bocrower maY cure su�ch e
<br /> , .. defeult and reinstatc.av provided in parngraph 18.by causing the action or proceeding u► be dismL�i with a ruling thai,in �s�
<br /> � Lender's good faitb deter�ination,precludes farfeiUUC of the Bocrower's interest in the Property or otha material impaimknt af
<br /> " the lien cmated by thfs Security Insuument or Lender's sccurity interest Borrower shall also be in dGfault if Borrowei,dnring the � .
<br /> •. " loan application process,gave materially faise or inaccurate informadon or statements w Lendu(or failed 2o provi�e Lender with ;.
<br /> any matedal informa6on) in connecdon with the loan evidenced by the Note. including, but not iimited to,representadons
<br /> " concrining Bonower's occupancy of the Property as a principal residence.If this Security Instiument is on a le�old,Borrower
<br /> � � �� • shall comply with all the pmvisions af the lease.If Botrower ar,quires fee dde to the Property,the I�sehold and the fee tide shall
<br /> .. not merge unless Lender agees to tite merger in wrating.
<br /> � =s 7.Protection ot I.eoder's Rtghts in the Propel't9. If Borrower fails to perform the covenants and agreements contained 'a�
<br /> � this Se�uriry Inshument,or�ltere is a legal proceeding that m�y slgniticandy affect Lender's rights in the Pro�perty(such as a „
<br /> • '.;� prooeeding in baz�kruptcy.probate,for condemnation or forfeitaue or w enforce laws or regiiladons),then Lender may do and pay
<br /> for whatcver is necessary to prouxt the value of the Property ar�d Lender's rights in thc Property.I.ersder's scdons may utclude
<br />�;; � •� paying any sums secur�d by a lien which hav priority over this Securlty Instmmen� appearing in court, paying ra;asonable
<br />: auomays' fees and enterir�g on ihe Pcolxrty to make repairs. Although Lender may tnke acdon under this parag�caph 7,Lender
<br /> does not have W do so. `
<br /> , My amounts disb�rsed by Lender under this paregraph 7 shaYl become additional debt of Bortower secured by this Security �
<br /> InstiuumenG Unless Borrower and Lender agc:e to other terms of payment,iheso amounts shall bear interest from the date of �
<br /> m
<br /> - disbursemeat at Ihe tlote ra3e and shall be payable,with interest,upon nodce from I.ender to Borrower req�aesung paymen� !
<br /> ` 8.Mortgage Insc�ranca If L.ender cequire,ci ra�ongage insurance as a condiaon of making the loan secured by this 5ecurxry �
<br /> Insuvment, Borrower shall pay the premiums required w mnlntaic► the moctgage insutt►nce in effecG If,for any rc�son.the �
<br /> • mortgagc insurancc coverage required by Lcndcr lapses or ceases to be in cffcct,Borrower shall pay the premiums reyuired to i
<br /> oblain covcrage substanpally equivalent to the mortgage insw�►cc previously in effect,at a cost subsrantielly equivalent to the
<br /> • cost to Borrawer of the rnortgnge insurance previously in effect, from an F►ltemate mortgage insurer approved by Lender. If j
<br /> �'� ' substantially equivalent martgage insurance covem�e is not ttvailable,Bonower shal!pay to Lend�r each month a sum equal tn
<br />- , onGtweW►of the yearly moRgage insurance premium being pvJ by Borrower when the irrsur�nce coverago lapsc:�d or ce�sed to :
<br /> � �� �� be in effec� Lender will accept,use and rerair►these payments as a loss reseYVe in lieu of mortgage insurance. Loss re.a:rve
<br /> - =-_=- ,_-
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<br /> Form SQ2@ 9�90
<br /> ., .. . (�•8R(N�)(0212) Pap�3o10 tnmab: ,
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