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<br /> � , p�aods that Laid�r�+eclu�s. 'itie insu:anse c.�rrier pm�idin,g�the insurance sh�ali be chosen by Barmwer subject to Ler�� �
<br /> � mvel wh�ch shali aot be unnasonably withhetd if Bon�wer fails to maintain covcra�a d�sc�alsove.IRUdec may,at
<br /> °t� to I.e�der�s ri m the Frogerty ia accardance with gatagtaph 7.
<br /> � Uender�option,obtain eavera� Prate� $�
<br /> � All insur�ncc po�aes and�ceaew�s stiaalt be�ceptnbie to 1.eAder zmd s3�aU Include a st�ndacd m to gIxnder a1!m�eipts
<br /> ' �il have the rigGt to,hQId tQ�e golicies�d reaewats. I�Lcs�er ieyu'srts.$aaaR�slr..f��xatst�2ly g� . �
<br /> �P�t���td tr..�.'.cr�aatices.'-Ia�eve�t of luss,Bomuwer shall give grompt notice w the insarauce carrier and ._.
<br /> [.endes. Lender anay m�ptnof of toss�aot made pmmPt3Y i?Y Borrou+er..
<br /> . 4Faless'Lender�ad Borrower.a&erivise agt�in`wrinng,insuraace praoeeQs shall 6e agplied to restuh►tio�or repais of
<br /> �prapert�,da�nagc,�l, if the tes�aratton or repvr is ecoaamically feasible aad Lender's s�rity as not t�senea.shall be
<br /> � restorati�n ar regair�s aot,economically fe�sibte os Lender�security woald 6e tessened,the ins�uance Fr�s .
<br /> • ,uppHed w tha snms secamed iry this S�curity Instanmeat,whether or not then due,wltb any excess paid to Bonower. I!'r
<br /> Borrower�doas t}� 1'mpe�tY�or dnes not answer�vithin 30 days a a�tice fmm Lender tbas the ins�uaase�resw�
<br /> �ffae8 to seuIe'a claina.theri Ixnd�s tnay►colkct the uis�aa�ce gmceeds. �.ender ma}+use ttts gmcee�
<br /> t�e prope�ty or to pay soms cdeured hY this secu�fty Insomment.wlietbei os not then dne. 'Itte 30-day penod wilt begin when
<br /> �����`v� � hcation`of ta shal}aat extend or ' •
<br /> � Units�.endEt and Bona�ue=atherwlse agcee ia wri�ag,anX�I+P `PT�� P�F�
<br /> tha due date csf the manthly paymeni3.�eefe�sed w in para�ap�s�nnd Z orchaage the a�a��of the gayments. If,
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<br /> u�gtaph 2I th�Pcet�enY is�qui�d.bY Leader,Bormarer�s ng8t to aay iasurar��policces and ptoaeeds resatan8. . ,
<br /> . fcam damage to t�s FropertY Priar w tDe aaquisition sball pass to Lender te the�xocnt af the snnis secu:ed by this Sec�uitY. .
<br /> Iastruatent im�eGiatety.�ior w the acquisitiam on of the�P�roperty; Borrowea's I.naa APPlicatien;.;;f:_�;;` " , .
<br /> . , 6, pcp�ncy� P►�esexvaHou, 14�Sntenance and Pm�
<br /> � , [.�sc'�n�dQ Bpnpwer sh��Y•establish,aud nse the Prapetty as Eambwet s principat resIdence wittm►sixty d�ys aftCr. �..
<br /> the eaecutian of this Seauitq Instwuent and.sha11 c.�sntinus to occupy dte Ptarpesty as Botnower's principal testdence far ai
<br /> � ' 'teast or�e•yeas aft�tiie d�te of oaupaacy, u�niess Leader athem+ise agtees in wriring, wHich cansent shaU nat be.;. . :
<br /> � nmeasonabIy withhetd�or umless extenuating cir�umstances eaise wWch aze beyand Bonawea�s cantrol. B���aU:i:�• �
<br /> desuoy,damaSe or impair the propeny�altow the P�caperty ta deteriaraie:or�it waste on the�coperty.
<br /> • be iw default if any for�eiture aciion nr proceedia&whether civl or criminal,is be�un that in Lendec's good faitb judgmc�`t
<br /> CaWd restilt in forfe'mue of the.Froperty as othetanse materially.imPasr die liea cr�ated by this Sec�tiiY Inst�meat or�
<br /> Lsnder�secatity inteiest:Borrower may ceue s►tch a defauIt and reinstate.as provided in paragiaph!8,ES►ca�ing the action ,
<br /> or procetding tn be dism�sse�with a niling ihat,in I�nder's good Eaith dstermination,prechides farfeiiuie of the Borrower�s. .
<br /> ' � inoe�.st in tha Pxoperty or other material impairnieut of t�lien created by this 3ecanrity �nshouac.nt or Lendar�s se�.
<br /> inte�est.. $omower s1xa0 also be itt default if Bmmwer,dnring ttte loan applicatian prdcess, gave aiateriaIIy.faLse cvz: .
<br /> iizacc�uate infasmatirx�or statemants to Lender(or fatlefl tu provide Lender wItb any aniterial�nformati�sn}in oaamcctian wis� �
<br /> � the toan evideaced by the Nate, inctuding,but not�limiud to.reprh..sentations coacemin$Buaower�s oc�.r�,'��Y�f the
<br /> p�perqr as a�►rencjpal residence. If this Secarity Instrument is on a leasehold.Boirower shall cam�ly with al3�t�",��rav?s��ns
<br /> . Qg t�e;teasa, dg Batroar�r acquues fee 6ite to the Propezty,the IeasehoId aad the fee dde shall aot merge unIes3�.�dei agr�.'�:';. .
<br /> • to the�rger in.wriqng., • . . . . ��:`•: .
<br /> . . � FrelceUan ot Lee�der's Ittghts fn the Propeety If Bomaaer fa�s to perfosm th$w�r.n�nts and agieemrs�fi�::�;:,
<br /> canttine�in this SatuitY Insnument,�r these is a iegal procee�inS that may significantly s�fPeet l.euudtr�.tights cn'tiie'
<br /> ' propecty(such as a pmcading in banksug'te�y.Probate,for condemnatian ar forfeit+u+e or to enforce laws or regutationa),tt�en
<br /> I.eqder may do and pay for whatever is necessary to pmtect.tlre valtte bf the Property,aad Lender�rights ia the Ptopetty.
<br /> Lender s actions may Inclndc paymg ar►Y�ms secured by a hen wtsich has prioriry oves ��tY �Ins�►�t,�8
<br /> to malce cepairs. Y.e
<br /> ip.cou;t,paying reasanable auomeys'fees and enuring on the Y,mpcccy •
<br /> � under this F�S�W!�,Lender does not have.w do so. � .
<br /> ' .Any atndunts disbursed 6y Lender under this puta$raPh 7 shaIl hecwme additional dpbt vf Bari'owe�.rsecum�by this � .
<br /> ",Security Tnst�µmea�t Un2ess Borrower an�Lender agxee to od}er terms of paymen�these amaunts shall beJi'iaflGrest ftan tho . .
<br /> � �date of disbursement at tfie Note rate aad shall,bt pgYable.with intetest,upon nau�from Lender fo��?�i.�r ttqoestin,g•
<br /> . PaY��c:,..�.• '
<br /> 8. i�t��rt'4i�Sa Ynsurana. If L�es nquired moitgage insurance as u condition�of'tna�iit,o the loan secuced bY�3ii.n�
<br /> S�ir;�vJnent,.Barrower shall gay the pxemi�m�s required to mainiain the ma�gage l'nst�nce in affec3. �f,far a�ig,i`- ,
<br /> �eason, th�morty�ge insurance coverage reguited by I.ender lapses or ceases e�o be in effect.Botrower shaU pay the
<br /> . premiums required tm obiAin Coverage•substantialJy equivalent to t}�e mortgaga insvrbnce p�+e�+io�sly�n effe�t.at e cost
<br /> � SUbSt�Rtj3ljy P,�JUIY81CJIt tD d1C COSC t0 Do1ilnMer OY Fa'i8 tT}GSt$.1�E Q• rye pr�vinasly in effect.fro.m an altemate mo:tgage .
<br /> insuner a�vtd bq Lender. If substar�ally equivadent mortgaga insuruice coverage is nat avaituble,Borrower shaIl.pay to �
<br /> � txnder�:tr:lb manth a svm equal eo o�-2welfth nf the yeazly mortgage insurance premiwn lxing Pa�d fiy Barrower wben the '
<br /> irtsu'ran�e srovernge tapsed or oeased to be In effect. Lcnder wili acxept,uss arid retain tEu,se payments as a tass teserve in lieu _ _
<br /> �� r�f raortg�ge inswance.,�ss reserve payme�ts may no lonper be rec�u+e�.at the option of Lender,if mpct,gage insurance
<br /> �;soverat,1s(in the Saia�t;�d fos the period that l.ender�quues)Provided by�µr.sutzr ePDrovcd by Leiu�ra:,�gain becotnes
<br /> � availa`�e��d is obtaisied„�Borma+er shall pay the preminms nequined ta maintaici r��tga�e insursn�i*�e�':��c to provide a
<br /> � 'loss�r���,antil the nquir�i►xnt for mortgage insurance ends in accordance with'aay wrtr�n:.'o�eme�s 1�tvc'den Barc+�wes
<br /> and Le^.�'r.��r applicable law. � . .
<br /> g � tQSpcction. i.ender or ets agent may maYe teasonab;e��es apon a,�d inspectiors.�,�'tt►e Pmpx:sy_ Lendcr�shall
<br /> � give Borrower aotice at tl�e tIme of or pdor to en in.�ion specitying reasona�'�•cause for ihe insnesrion: , '
<br /> 10. �Caademnatton. The procee�s of any a�s W°�J or claam for damages,diroct or consequeniial,m oc:t��ion with any
<br /> � � � Singie p�m3tyr..i7mnie Mae/F1'e�fine Mtc UNIFORM IN;CfRUMEN'�--Unifom Covm�nts.9F�0 (pagt 3 oj6 pagt�)`
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