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<br /> C �C�`t - v, :3� � ' �e�s now�ag ar hereafF�a aected on the �
<br /> 5. Ra�rd as 1h�gErty Instnaac�Barmwer shall keep �v . �:.�,�
<br /> :s? ;'�,,`•,��s` ���ag�E j�g�1��I�S lI1C�ItL�C$Wit�J1 i11E LL'1II1�CR[CII�Ed C8Y2l8$Ce 8IId SIIjI�l��St 1flCip�II$ � ' `�--"
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<br /> •'.:;����`::;��'�" fI�ds or IIooding.for ahic8 t+eoder a�quires insumna.This ia�raaoe shail be�ined in the amoums and for the peda�s • ,, .ig.
<br />, ���'�-���`:�£` tLat I�euder cequires.The insnrance carrier pmvidmg the insu�noe shall6e chosen hy Bomower subjecc to I.euder's app:oval =<:�:t
<br /> :F " �v6ich shall not 6e ua�nasonabty wid�held.If Bormwer fa�'!s to maintain coverage described abuve, Ixnder uiay.at L�ender's ''
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<br /> 4�� '`r P`"� aption,obmdn oove'age to pmt�Leader's aghts in the Propects►,in accordanoe with paza$iaph?. � ";
<br /> � �-�- � °a
<br /> . `<<�,, ;�. p ll i a s�u a a e e P o l i c i e s a u d n e u e w�i s shaII be a e c�t a ble Lo Lead�aud shalt inciu�e s sta�+d ma�gagetl�se.Leader ;.r�f- .
<br /> { shaU have dte�ight to hnld the poZicies aad reuewats.If I�ndes tequires,Borrowes sLall prom�tiy give w Lea�der a11 ceceipts of <;
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<br /> _ paid�tremi�s 8ad cienearal aatices.fn the event of loss,Bon�owec sl�alt g'ive pmm}�t notioe w the insarauce canier and Lend�. � � ':
<br /> � � .` --''� �der mayr make praof of Wss if flnt made pmmptlY bY Bormwer• �,:;��'�
<br /> .,�<._. ... � ..�
<br /> •_F;r`-�'.��;:' Untess Leuder and Borrow�otiieecwise�in wriring,iffiuian�piaeeEds shall be applied w re�oraEion or�pair of the _. �.
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<br /> -�r",'`�'.'.'•_:;`-' gmperty damaged,if the teswrntinn or�is eoonomicali�►feasib2e and Le�der's securety fs not lessated.If the restor�tion or --�``:=
<br /> 4 �. �,,
<br /> ' �``',t` �i: tepait is m�t�caliY feasibte or Le�der's s�arit�+woutd 6e IessQaed,the ins�uanc�e Proe�ds sttall 6e applied w the sums
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<br /> ,_�Y �: � securetl iyy this Seauitl+Tasanmen�vrtreWer ar aut then dne,with anY exo�P�d tn Bomower. If Bormwer a h a n d o n s the �� , .�
<br /> ,�;..�.a,.�_. eau , -
<br /> �.,,5�, ,,,. �'��. Q m p e rt y,ur does aot answer wi�30 days a natice fiam Le�der that the a�msnee c�riex Qas offe�w seule a ctaim,thea
<br /> �`��k`�f.. I,¢adet taay collest d�e iasarance Pmoaeds. L.eader maS+use d►e Pmoee�s W regais'or restoce.t�se P r+o p e�t y or to pay sums ;_,�
<br /> t � �' secured by tbis Securiry Instrament,whether or not tirw dne.The 34�day paeriod will6egin when the notice is givea. _ `�r ?:
<br /> I shail aoi extend or
<br /> -,o.::�_.`:..�:: i3ute�i�er and Bekrower o�heraa�seagree ia�.aaY�O�t of pnnoeeds to prindpa ' ��.°
<br /> ` "`� �� gustpnne the dae ciate of the momhty paym�ets referre�w im p�hs�i sud 2 or cimuge the amaunt of the pap�- � , �
<br /> r;�'..;.;�'�''A'�z:�z • ua8er p�21 the Pr+oye.�r is�by LendR.Borrawer's right w aay incivance golicies and proneeds r�su[ting fmm • '.r--
<br />- : ,��-�<",.�" dama e m the Fiuperty prtor to ihe acquisition shaIl pass to Leader ta the exteai of the sums secuied by this Secnritg I�uwneui 's:':
<br /> � a a 4�.. S � . . _ =
<br /> ���:.. � �- anmed'iatelY phor w the acqaisit�oa. .
<br /> =:-:-s•;��w -� 6,p a c u p�a c�,PtPServation,Meiut�ance and Protecxton of t6e Property:Borrow�'s Loaa AppQeatto�Le�hotds. � ".
<br /> " i ':�
<br /> .<,.�u�LL. `-� BOItOwCi S�l OCCa1pj/s�db�1s 8IId DS161hC�lOpC[ty&s�DIlOwel 5 pIHIG11����Y L�i'3�����di!4f —
<br /> `�`�:�'`:.;'�ti,°`;: �is S�arity.�astr�t and shali oont�aue w occupy the Pmperty as Boaower's prindpal resideuce for at least ane yea aRer . ,.<
<br /> ��.-' '-:�:�f�. the date of accupaury.nntess Lender ot�ise agrees in wriUing,whtch c�nnsent sBaU nat�re as�east►nah1Y withdetA+°r�iess � �:=.`.
<br /> �'. r���. exte�aating cina�tanoes exist whlch ar�beyond Bom�wer's coatrol..Borrower shaU not destroy, damage or Impair the �`
<br /> � - r:;,, to detaiorate, or co�t wxaisste on the Propeaty. Borrawer si�atl be in defantt if any forfeitute �^
<br /> "_"�_--- . , Fropetry.attaw the Property te =
<br /> ` �: ��:��.�;,- action or pmceed'mg,wbett►er civit or crimina�,is beBcm�Wat in Le�der's good faitb judgmeait oontc�tr�rit in fo�te�nf t&e �,��:
<br />,'',.''�,.<,::- '��. � Pr,ogecty or othetwise matec�aily impair tbe'lien c�ated bY tliis Secauitq Instraa�csrt or Lcmdea's secarity�Horrowet may --
<br /> -:;`°;�'•`:• cnre�sacfi a defaWt and re�state.•as provided in paragraPh t8,bY c�sing the,�a+oa os groceeding to be di�.aith a,s+�g _
<br /> �;� - •that. i�t k�ettder's gaod faith de�tmitmdnn.Precltedes forFeirare of tfle HamOwer�s i�er�t in ttte�Propefty ui o��� � _..
<br /> --_"t.=:�._�:�.,�_: -
<br /> ,.:• , •.r•i: �1T1Y1�OS'��P.Z�Cn'Ct�B(1�I�IL4 S�tY�S�CA�OF L..�Cr�3 S2C�Ity ;IIfCIeSt.BOIS�OWB[8�8IS0�L'.�1D dCtII8l1���' T_._
<br /> � ,... Borr�wer.diuing Uie toan appiication process.gave materialtY.fatse or inacx�te infnrnoatiars or s�ta to Lender(or faitoa � = =
<br /> :x ,,�
<br /> .'`:..;;�':.'4;:.�- to p r o v z de Lender wlth anyr material information)in conaecxio�witii the loan evideaced try the Note,i�tclnding,hat uot limited , ' �r-
<br /> � ` ' t�re,prese�at�ons conceminS Horrower's occupancy Of the�ropectY as a Piincipa!�ideace•Zf tHis Se�ch►�Instrumeat ls on a , _
<br /> � ., {,.
<br /> s S : teasebotd. Eorroouer shall comply�wit6 aU t�e pmvi&iaas of the tease. If Sn�rawea acqaires fee ti�te aa t�e P t o p e�t y.. ti�c --
<br /> as _ _
<br /> " : , teasehoid and the fe�titie sTmit aat merge un[e�Lender agrees to the uierger in wzitiIIg. . . . . � � �.
<br /> .�..,�..�:'.-:�, ��7.P�+tite�ari of I.�dcr's Ri�hts ia the Yroperty.If Borrower faiJs to perform ttSe oave�ants and ag�ments comaine�in ��
<br /> `��=..0,�°'�.,�;`,_� , tTnis Soauiry Instr�ment,or there is a tegal proceed�ng tliat may sigaiffc�uly affut I.ender's rights�in"tite Pmperty(such as a
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<br />' �. ` . .t•,r , �p��b$�ba�nptcy,pro6ate;for condemnation or farfeitane or.W e�oro��aws or.iegulations),then Lender may d6 and _--
<br />���.'.'':��.•-�����'�r� � � � � for wbatever is ne�1+to Pmtect the vaine af the Pwpeity and Lende�s righta in the Pmpe�ty.Lender's actions may
<br /> ..,,.. ,. ,...
<br /> :f:� ��r� , ��. . : itudud� PaYln�aaY.smns aecared by a I�em whicb hag pstotity over this SecorIty �ttmeW. aPPeadng.�.coart. P�S: . --
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<br /> __:e-��.,�°-.�`,.�-: ressona#�1e aaomeys'fe4s and.astering on the Praperty w maioe re�sits.AltbongL I.eaWer may tatce asxtQn nnda this�amg�aph.
<br /> _ Ly�. s .� 7.I�3er does not hav�todo so. . . � : . :
<br /> :°°r'r,=,..-��,.x '.' �Arry araonnta disbais�by Lender umder tlus pazagraph 7 si�'aU became•additional.debt of Botrower sequed t►Y th3s ---
<br /> °'-�,_`;;',,�:i:'. . Se�urity L�suumea�Un2ess Boaawer and Lender agree w osher.tenns of pay�ent�tliese aa;omus•shall bear Interest from 1he . . ---
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<br /> - �''`'�` date of disbursetnent at the Nute rate and sbaU be Dayabte. with inferest,Wan aotioe from I.�der w 8ormwer requ�ig •
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<br /> '•'J•s,.1.'��.':• _' '� $•MOT�C�SUI�IIOC.�l.CAdEL fC(ji1�AIOIt$8$8�l1SU18riCC 8S 8 OOII�I�QII Of�$itlB ZO2a 84C11T0d�}I 1�8.�iCC�Ii�/ _—v
<br /> :_�,�. , � °,.;,� �,g�r s�a!!�a�r t1�e premiuma requi�ed to maintain the mortg�e.insurance u►effec4.�If. for any reason, the _-
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<br /> ;:;�.':,. ,.�. �: � � • .acortgage iasuranoe asv�rage r�qai�d Dy Lender la�ses or ceases w be�n effect,Borrowet st�all pay the premtums mqai�ed w. �-
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<br /> .-`-'�-�:��''::`' �� obtaiu caveasge snbstmttially equivate�u to the martgage insw�ance prrviousty ia effect,at a aost snbsqatiaUy oqniva�ent to the --
<br /> ':;`�..�,,::::. r..,.: ; _�-.
<br /> ,:;�T � cost to Sofrower of�die mortgage insurance prevtously in effe�t, fmm en alternate mmtg,age lnsi�ret approved bp Lemder.If -
<br /> � .• . ..:;�� i �.,...
<br /> substaatially equivalau mortgage�insurauce coverage ia not avait�le.Borrower shall pay to Lender each month a snm ei�aal w T
<br /> �,�:::��+..:'::- -�<'�'�.? . onp�twelfth of tLe yearly mortgage.insnrance premium belag paid by Borc�wer ahen the insorauoe coverage lapsai br cesse�W , �-;�`
<br /> . �
<br /> ` � ��� ,t .:.�9� be in ef�ect.Lender wilt aaept,use and retaia these paYments as a loss rese�ve in llea� of �nortgage iusaraace. l.ass reserve . �:.
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