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<br /> .� � peri�ds�hal Lendcr reyuircx. The insumnce crurier providing thC ingurunce tihall t�e chci+en by Bormwer s,ubject lo Lender�
<br /> �:;��:,., nppruvul which sholl nat he unmu�onubly withhcld, I f Bcxruwer Pailw t��mnintAin cuvrrugr descrihed above,Lender may,�t —
<br /> � - Leiuier i+opti�►n,aMuin covemge t��pmtect Lendrr;rightv in�hr t'�uperty in urrurci.uice wi�h p�uagrnph 7.
<br /> �.�.� All inxurance poiicie5 und rcnewul.�hull t+�a�ce�xablc tu Lender unJ�hull includ��u.�unJurd mnrigage claux�. Lender
<br /> shull huve�he righl to hold�hc��licieti wiJ renewak. IP L.cnckr rcyui�c.,B��rr��wcr slwl l pnHnpHy Kivc lu LenJcr all m�ripx ..�_
<br /> �� '.rf;c' of pnid prcmiuma uud renewal nnticex. In thc evcnt uf lo:,.,Barn�wrr K hu l l �eivc pnimpt nutice tu tM insurwue ca�rier wri
<br /> '- L.endcr. Lcnikr muy makc pra►f of losx if n�H muJa prr�mptly hy flnrrowcr. �_
<br /> Unless Lcnder wKi B�►rrower�Nl�erwisc ugrcc in wnting.mr.urun�r pr�xrcd� �Iwll 6c upplird w rc+t�►rrtiuu •K repuir of �-_=
<br /> ' the pn►perty dnmuged, if�he mswra�ion or rcpuir i�: economicully 1'eurihle unJ lxniler� .�rurity ix mN Ie+sened. If ihc
<br /> + �.
<br /> rc�tur�tion or repair in ncN ecunomicully fevsible ar LAmkr's ,�tiuri�y w�wW Me IerK ned. Ihe inrurancc prcxeedti rhuU bc� �u
<br /> � ,;�; �• applied to the sums u�und By lhis 5ccu�ity Inmtrumnnt, whethcr ar niN �hen duc.w i�h any cxre��puid ta Burtower. If ��.,
<br /> _ "����,t..+� 8orrower�b:mdanx the Ropeny. ��r d�x� nw unswer within ill d:rv+ u nuticr Frum Lend�r thu� the mnurutke currier hus
<br /> � � a.:,t� • oifered to setlle u cluiql,then Lendar muy colle�t Ihe in+uranre prcx�edw. �ender may une�hr pnxerdti w rrpair ur n:sturr
<br /> -�.��.�� .� ':`� � the Propeny or to puy�umx secm+ed by thix S�curity In,�rument,whethar nr mu tlx.•n Jue. Tlir 3lMduy peri�d will Ixgin wBan ��
<br /> �;` '""�'"� • the natice is gioen.
<br /> �'o"'''''� ,� Unlexx Lender and Borrower othonvire agree in writiog,uny upplicuiian i►1�pnw:eeds �o principul �h�dl nui extend ar �'
<br /> "�at'-_�. �'��;,;' ' pugtpone the Jue dutc af the moothly puymun�ti refernd ta in pumgraphx I and 2 archung�tha um��um uf thn pUyments. If �
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<br /> �- ..•�,;`4�.; , under pamgrnph 21 the Pmpenv is acyuit+eei by Lenaler. Bunu��•�r. ri�tht to t�ny inwr.�n�� �n►licic�and prnceed�ne.uldn� f�
<br /> .'�' `_ ��Y'.,
<br /> _ �.,,,;��,,�Y from dnmuge to the Propeny pnor t���he acqui.i�inn rhall paxr to Leiulcr k� tho exiont of tha�um�+ecumd by thiti S�rurily �-
<br /> •��`=��y�•�.':; lnrtrumcnt immediutely priar to the acyui�itian. -"`'
<br /> -_ ""�-.L;,--''��_ �.`� 6. Accupaacy, Preservqtion. Muintenance And Proteclton of Iho Property; Burrower'A l.oun ApplfcAt[om. �.�,
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<br /> _�.,iF• .�-,•-, -r-� �. I.caseholda. Bormwer shall accupy,etitpblitih,and uc,c Ihc Pro�xny uti Horn�wcr'�: principul residence withb�+iaty duys a ter �-
<br /> --- ,�,s...... the execution of�his 5ecuri�y Imtrument und�hull continue�o ixcupy tlx:F'roprrty a� Burruwer's principul residenre for ut _
<br /> leuxt ona year nfler the dute of occup•rnry, unk�s Lender othenvi� u�;rees in wri�ing, whirh ronsrnt shnll nat bc� �-=��
<br /> �'��.,��.^ ':�,f ''�'� . unrc;�.+onably withheld,or unles,extrnualing ci�cum+tuncrti�xi.t which ure txyonJ Bormwer�contml. Borrower tihull nal e_
<br /> =,�, :��. •, .. destroy,d�muge or impair the Pn�pehy,nllow thc Propeny�o de�crioratr,or com�np w•us�r un th�Pro�eny. Borrower+haU �'_,_�
<br /> ��;!y,� a� • be in default if any forfci�uro uction or�xcxeeding,whethrr civil or crimin�l.i.h egun �hu� in Len der k g o a l fui t h ju dgm en t
<br />`��-�"�i , ` � , could rctiult in forfeiwre of the Propeny or othenvise materially impair the Ifen creaird hy thi� Securiry Inti�rument or �__
<br />�„;;� " Lender4 tiecuriry interes�. Borrowar m•ry cure such n defauU und reinslute,a.r pmvidtd in parugrupb IR,by ruusing the iK�ion �_
<br /> -�� � r or proceeding to be diymissed with n n�ling thut, in Lender+gcxxi faith detertninutinn, prccludes farleiture of thc Barrow�er z —
<br />`==-i"-=� •� ' � in�e r es� i n t h e P ro p e A y o r o t h e r m u t e r i a l i m pairment af the lirn rreatcd b y �hi+ Sccurit y Inti�rumcnt o�Lendcr. serurity -
<br /> �."'��'� � •� ' iniere�t. Bortower shall also be in defuuU if Born�wer. during Ihe loun applicaticm prace+ti, guve mutcriully fulw or ��:�
<br /> ' � ��� ��� ' inaccurute inforrnution or s�ntcments to I.encler I�u fuiled to pmvide Lrnder wilh any materiul inti�m�utionl in connecticx�with --'
<br />- �;�.;,;;.•.,;;�:.,,� _ the loan evidenced by the Nae, including, but not limiced io, reprr�entution� c�eming Borroweri �xcup:mcy of ihe _tr_
<br /> �:- `- - ,� -- 1'roperty as a principal�e�idence. ii Ihi�Securiiy iinitwitir�li i��ro a la'.3.ehald.Sormu•cr sh�!!�omp!}�+•,ith a!1 th�provisions --"
<br /> �� of Ihe le�.t. If Bormwer ucyuire.r tee tiUe to�hr Pmperty.the Icusehold and thr fe�tiilc shall nal mergc unlex,Lender agrces �':
<br />`" � :?�''�' ,. to Ihe merger in writing. '-
<br />� • ' ' ' . 7. Prutectton of Lender's RiRhls in the Praperty. It' Bnrn�wer fuils tu perform �hc rovenun�s and uFr��mcnts ;�
<br /> ;,. ' ' . • con�ained in �hix Securi�y In,trument, ar therc i+a Iegal proreeding thut muy signi fkundy ufiect Lender:rights in ihe
<br /> - , �. ' Property Itiuch ati u pr�xteding in tr.mkruptry,pmbatr,for condcmnution or fbrt'eiture�•r lo enti�rce law.ar�egulations6 thrn _
<br /> Lendcr muy Ju und p�y tix wh:ue��cr is necew.i�n•�o proi���thc vulur of�hc Rr��p��rty and Lender.right� in thc Pm�xny. �Y
<br /> �� .. ' � Lendcr�urtionti muy incluJc pa}•ing iiny sum+�ecured by a lien whirh h��+rri�Kity over�hir S�tiuriiy Inxtrumcnt,ap�arin� �:�'_
<br /> � � • in roun.payinE rrv.rn�uble auume��,'fee. unJ enicring i+n ihr I�ru�xhy lo make n�in. Ailhaugh Lrtxier may �ake uclion —
<br /> � ., undrr this purrgruph 7,Lrndcr d�x,not h•rv�to do so.
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<br /> '..,i�;;,. „�•..° Any umoun�s di.6urud hy l.ender undcr thi.�arugraph 7 +hall txcumc adJNiunul debt id'BurcaWtr�ccured Ny �hix E_
<br /> .`".. ,, Security Instrument. l►nlcs. Barr��wcr unJ Lcndcr agmr w u�hri Ir�m.��I'paymcnt.dK.c amuu�il.,h:dl tkar intcr:,t t'rum thc �rL
<br /> '_ � •,;rj';1{� Jatc of dishuna:mcnt ut Ihc Nute ra�e unJ tihall Ix payablr.with int�rc,t,uExNi nutKC lium LrnJcr���Hurrower r��yursting —
<br /> � ,j;� � ;, f,.,...,5; u mrnt. �
<br /> '. •� `�?�?i�;`�; p y S. MoMgaRe Insurance. If LenJrr reyuircJ mon�agr in.uruncc us a candiiiun af muking �hc loan �ecured hy Ihis �°r
<br /> • . ° • :► Security Instniment. Borrowcr yhull pay the prcmiurn.rcyuired to muintuin �he na�rega�:r in.urunce in efi'eci. If, tor any �;
<br /> , � • '' , reuson. Ihe morlguge inwrunce covrrage reyuireJ hy Lcndrr lap�e+ or r�ase� tn tx in effrrl. Rarrower xhull pay ihe v
<br /> '"� . . . ` prcmium. rcyuired tu nbt�in rover;�gc ,ub+tanti�dly eyuivulent tu Ilx mortgagc in�urrncc previoutily in effect, ul u co+t �•-
<br /> , ';�, : ' tiubstuntiully equivulent 10 the ro,t to Born�wrr of Ihc nwnEagr intiurtrnc�rrcvii�u�ly in rl'fcc1.I'rom un altemate m�,ngagc �-"1��
<br /> ��.�- ',�'�''' � in.un:r oppruvcJ by l.ond�r. If,ub�tunli�dly eyuivalent mon�age insuraixe raver.i�e i.n��t nvailanle.Burr��wer shall pay 1u �-:�
<br /> ° ' Lender each momh a wm ryuul�u�mr-iw�lfih��f thc ycurly mung:�gc in+uramc{�remium 1►cing paid by Borrowcr whrn Ihe
<br /> � • � 1�� •c•r�rd w�i n cfPrct. Lendrr�cill ur�r 4 usr und retnin 1 ihxc paymcnl,as u Im,R�crvc in Ucu �,�
<br /> ^ '�.,�. in.urance coveru�.e lap�e� r� p =_
<br />- � • � ;1 %r • •• • of mortFage insurance. Lnss reurvr paynunt� may �x►I�ntgrr Ix r��yuircd. iu 1he��+tiun ol Lcndcr.it'mongage intiur:uicc
<br /> � , `�_' A ; roverugc lin Ihe amount unJ Ihr lNc�xrN�J Ihat l,cnder reyuirrsl pravideJ ha•�m inwr`r;�pprovcd hy Lrncler ngain I+cronks
<br /> uvuilable and is uhtuin�d.BoRw�•�r tilc+ll puy Ilt��xernium�rcquired�u maint:�in nian�.��!e inua:�nrr in rt'tec�.nr u�provid¢a �.�',
<br /> .. . lox�reserv�.umil�he rryuirrn�rn[ for mongagr inwrance end•in arcorJanru with�xq ��•ritt�n agRemrm Ixtwecn B�,rrow�r �t'
<br /> .° .. unJ Lrnder ur uppliraMc luw.
<br /> . .. . 9. In�tpecfiun. LenJ�r or it�aEem inay nwkr na.unalilr emric.u�x►n an�i imrccti�m+uf�hr Pr���xr1y. L.enJor,hall �..
<br /> ; give Bortowrr nuti�r:u ihr lim.�.f ar priur to an im�xcti��n.�xril�ing rr:non.�hlc cau.�ti�r Ih�in.�xrtiun. �
<br /> ., ` �, '* IU. Cundemnation. 7'hc pr�xrrJ.��f,im aw;ird or clairo lur d;niiaEr..Jirrct nr run.ryurntial.in rannccti��n ►vith•rny.
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