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<br /> ' periadg that i.endcr►rqutrc�. Thc Ins�unnoo carcicr pmviding tho inyua�nco xliull t+o choscn by Eluttowcr RubJcct tu l.cndcr'�
<br /> nprmv�d which Rhutl nat tw unrcasunably wlttihelA. If Barrawer fails ta mnlntnln cuvcraqc dcscrlbed c�bove,L.ender mt►y,ttt
<br /> i.enderk opdnn,obtafn cuvcmqu toprotect L.�nderh righta in tho Pru�e►7Y In aacurdance�yj�h Pi�n�Lmph 7. ,-_
<br /> • All lneuranco polictc�and renowalR ehwli ba accoptubto ta l.cmdcr und Rhnll includo u etanda�d morlgogo cluuxe. Lc:ndcr
<br /> Khull huve the dght to hold the policles and e+Fnownlx. lf l.ander requime.Borrower shull promptly givc ta i.endor uli rcceipts
<br /> of puid premiuma nnd ronewat notices. In tfie evcnt of loag.�orrower ehnll giva prompt nodce to tho (naurance carder artd
<br /> l.ender. Lender may muke prc�of of loss i!not mado prompdy by Bon+nwer.
<br /> Unless I.ender ond Bortower otherwise ngreES in vrrittng.lnsurance proceed.4 ehalt be applied to restoration or repnir of
<br /> the Propecty dmm�ged,if the restorutIon ar repufr ia economtcally feaRibte nnd I.ender's secudty la not lessened. Ii the
<br /> restoratton or repair is not eCanomlruliy feosible or Lendert�security woutd He lessencd,the insumace prc�eeds sh�ll be �
<br /> upplied to the sums escurwd by thls Seeutity InAuument,whether ar not then due, with cu►y excess paid to Borrower. lf
<br /> Bosower ubundons the Property.or does nat anawer wlthi� 3D daya a notica from I..ender that the mauraace cArrier has
<br /> offered��or to a�au�ms secured by thiA Secudty Instrumen whe��or not then dua uTha 30duy Pedod will�be8ln Wh n
<br /> the ProPertY P Y
<br /> t�►e notice ia given. Iieatlon of rnceeda to pdacipal s4►alE rtoe extend or
<br /> Unless Lender ar.d IDorsower othenvise agree in wdtln8��Y°pha 1 and 2 or chunge the aznount of the pa�nente• If
<br /> pastpane the dur u�ate of¢i�e�onthly paYtnents�eferred to in(��P Iicies and roee�uls resulting -
<br /> under paragraph 21 the P9operty is acc�uined by Lender,Borrower�s right to any tnsumnce po P
<br /> from dumage to thE Pa+ope�ty pnor to the acquisldon shall pass to l,ender to the eatent of ihe sums secured by this Security
<br /> Instnunent immediately prior ao the ucyuisi¢ion.
<br /> 6. Occnpuncy, Preservation, Maintenance aud Protectton of the Proptrty; BoreovYer's I.oan Applicatimn;
<br /> �.�seho[de. Borrower steall occupy,establ�sh,and usa the Pavperty as BrnmWe�'�S Pn�ncBorrower�s p�ncipa�l resld nce fortat
<br /> �tha."eaecudon of this Secwrity Insuument and shall continue W occupy the ProP�rtY
<br />- � � least one year after the date of occupt�cy, unless Lender otherwisc agrees in wrltlt►S• which consent shall not be
<br /> • unreasonably withheld or uNess extenuneang clrcumaeances exist which are beYond Bomower's control. $0 Borro er�shail
<br /> destroy.damage or impair the Preperty.a11v�v the Praperty tu deteriorate,or commit waste on thE EtopertY•
<br /> � �it+a.in defauit if any forfeiture nction or proceeding. wh�her civll or criminal,is 6egun thet in I.etqtlor'a g°od faitt►Judgment
<br /> oor�ld t+esWt in forfeiWC�of the Property or otherwlse materiaUy impair the lien created by t�ois Se�urlty Instnunent ot
<br /> �nd�rb seciuity in�erea�••S�rmWer may cure such a default And reinstate.es Providell in�e ����t�nf�the orro eQI� �
<br />_ or proceecliq8 ro bo Qlsmfsse�!with a ruiing�hat.in Le�«iar�gocd fa:�:�'.�n�F Insmiment or L.ertder�secur�ry . � `
<br /> . interest in�tlte.�'c+opgrty:ar wther ma�eriAl impaiiment of the l�en raeAted by this'S�curity
<br /> lnteresG Bbrrowet sba11 ulso„be in dstY�nit if Borrower. dur3���he 7aaz► aP,plie�►tion process. gave macedally false or•
<br /> inaccurate informatioh or staYCU�ents to I�ndp�r tor failadto,psavnti:�.reaa¢er w11h�u►Y rnace�e��0�$aon)in connection with . •
<br /> tha loan evidenced by tho•�(ote, incluAnlg,�ut not�imited ta. r�p�itsentadona concerning Bormwer's accuPaa�S' of the
<br /> property as a princtpal r�ssidence. If this.Securlty tnstnimenc is on a leasehotd,Bo�mwer shall comply with ali dcB provisionR
<br /> of the lesee. if Bomower acquires fee dtle to the Property.the ieasoboid and the f�ee citle shnll na merge unless I.ender ug�+ees
<br /> w the aurger in writing� If Bomower fails to perfomt the �ovennnts und agrcements
<br /> 7. protection ot Lender's Rights in the Property. �� ma si ificantl affect Lender's rights in the
<br /> containM in this Securhy In�tiument�or there Is a legal proc�eding Y 8� Y
<br /> P�ropeity(such as a pracuding in bankniptcy�probate,for condemnatton or fodelNra ot�d Le d r's d�hts inuthe PmPe�rtY
<br /> Lendea may do and pay for whutever is necessary to protect the vsilue of the PropertY
<br /> I.ender`s acttons muy include payins uny sums secumci by a Uen which h�make�re�a��Altt��g�h 1�•�nder mayt�tak a�ction
<br /> in court,paying nasonable nttomeys'fees and entering on the Property P
<br /> under this patograph 7,Lender das not huve to do so.
<br /> Any amounts disburscci by I.e�►der nnder this pumgruph 7 shall be�ome uddltional debt of Borrower secund by this
<br /> Security Inswment. Unlesss Borrower and Lender agree to other terms of payrcnent.thesB amounts shstll bear interest from the
<br /> date of d[sbursement at the Note xate and shalt be payable.wlth interes�upon notice fmm Lender to Horrowet requesting
<br /> paymen� •
<br /> 8. Mos�figage Insurance. If Lencler recluimd R►°rt8age insurance as u condidon of making the loan seCUred by s
<br /> Security Insuument,Botrower shNt pay the premiums required to maintciin the mortguge inaurertce tn effect. If, for nny
<br /> reason, the mortgage insurance coverage required by Lender Iapses or ceases to be in effeciousi�in effect,at n cost -
<br /> " premiwns nquired to oMain covern}�C suUxWutially cquivalcnt to the uiortgage insurRnce � Y
<br /> substsndally equlvoleni to the cost to Bonower of tAe mortga�e ins�rartce previovsly in effecK.fmm un alcemate mortgage
<br /> inst�rer approved by Lender. If sabstac►tia11Y e�lutvalent mortgage insurance coverage is not aveilahie,�ormwer shall pay to
<br /> Lender each month a sum equal to one-twelfth oF the yearly mortguge insurnnce premium b$ing paid by Born►wer when tha
<br /> inswance coverage lapsed or ceesed to be in effect. i.ender wUl a¢cept,ase and retain these payoaents as a loss reserve in lieu
<br /> of martguge Insurance• Loss ce.senre PaYments may no longer be required.et the option of Lender.if mortgnge insurance
<br /> covemge(in the amaunt and for the pedod that Lendet t�qulres)provided by an insurer upproved by Lender a�ain becames
<br /> _ loss resenre unp'1 thonrequirement for mangage in�surance ends in a tcco�ance t�h�u►Y`"dtten e8�emant between Borrower
<br /> -- and Lender trr upplicuble law. I,ender shail
<br /> 9. Imspscttnn. Leader or its agent muy make reosonable entries upon and inspecdons of the AY►perty.
<br /> � give Bornower noHce at the dme of or pnoc to an inspection specifying reu�anable cause for the Inspecdon.
<br /> - 10. CondemnatEon. The proceeds of any awnr+d or claim for damages,direct or conscque�ndal,in connection with nny
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