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<br /> �:�,.----�-- 92- 1 UOf42
<br /> —�� � pedods that l.ender rcquires. 71x insuranco cArricr provjding�he insuronce shell he chosen by Borrowe�subject to Lendsr's �
<br /> -- - ' approva!which zh�ll noi be unrcasonwbiy wlthheld. If Rortawer fails to mainta�n coveroge described abave,Lender muy.at
<br /> ,,,=�� Lender's opUon.obtein cove►age�o protect Lcnder i�rights in the PmpeAy in nccordance with pamgraph 7.
<br /> =�m . All insuronce poUcies ond rcnewals shull be ucceptable to l.ender and�tuill include u xtondard m�rtgege cluuse. Lender
<br /> „���j ehall have the dght ta hold the policies and renewats. If Lender requires.Bartower shall pmmptly give to Lender all receipta _
<br /> - af paid premiums w�d renewal nwices. In the event af loss, Borrower shall give prompt natice�o�he inrurance car�er end
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<br /> ;��,'�,� �.� Lender. Lender mqy m�k�e praof of losc if nat mwle promptly by BoROwer.
<br /> �� �-__---° - - Unless L.en�kr wad�uctAwer atherwlse ugrce in writing,in�umnce prnceeds shall be applied�o restarotion ar repair of —
<br /> .- the Propeny domagied.if�h4 r��tcuation or repair is e¢onamically fcasibla und Lender's security ir: nat lessened. If the �..-_
<br /> restoration or rep�ir is nw econo�►aicAllY feasible ar I.ender�secunty would be lessened, the insurunce pnaceeds shall be
<br /> �=-_:�y�:C: upplied ta the swt►s•socumd by this Seaudty Instrument.whethsr or nat then due, with nny excesx puid to Borrower. If ��
<br /> =_�-=�;,-�•�•" sormwer al�ndons the PmpeRty, or daes not Answer within 30 dnys a notice from Lender that tha insurance carrier has -'�
<br /> ==-'°�#'�',�... ofPered ta senk e clatm,th�n l.ender mvy collect the insurance praceeds. Lender may use the proceeds�o repair or ceator�e �,�
<br /> ��'�` "� the Pnaperty or ta pay sums�ecurpd by thic Sxuriry lnep'ument,whether or nat then due. The 30�day period will begin when �
<br /> ,��: '::•a��+���� �he notice is givcn.
<br /> �;.r. Unkss Lender and Harrc�wcr o1htF►vise agree in wri�ing,any Wpplicutian of proceeds�o principul shull oat extend or �a~
<br /> ��.a_��_� ` pnstpone the due date of the mo�tl�ly payments c�eferrcd ta in paragraphs I und 2 or change the amount af�he payments. If
<br /> =-- __„����;:. under paragraph 2l tha Praperty is ucquired by l.ender, Borrowcr's right to any insurnnce pc+licie.r• and procecds resulting �,,
<br /> ---. i�o... from damuge t�IhC Property prior ta thr ecquisilfon shall pass lo Lender to�he extent af the sums secured hy thix Security ����
<br /> �-�:�:�fy Instrument immcdiately prio�ta�•acqt�isition. --
<br /> - - 6. OccupAacy. P�+userratlaa,,MAintenance and Protection of' the Properly; Borrower's Laan Appflcado�i !�'_-'
<br /> -----�---���'�:�.; I,easehpWs. Barmw�r eh�ll accupy,+rstablish.And use the Propeny ns Borrower's principal residence within sixty days after
<br /> ___ --'`'"$xf,��•="• • the execu�ion of'this Security In.strttment end shall continue to occupy the Prop�rly as BoRawer�s principal�sidence for at �;'-
<br /> --- �E:�.te���,
<br /> _ .. �}t,.� , least q�e year after �he dux of occupancy, unless Lender otherwise agrees m writing, which consent shall not be �:•
<br /> --- �����'�•.•f�-•• unreasonably withheld,ar unitna extenua�ing cit�cumstances exist which are beyond Borrower'.s control. Borrower shall not •. _
<br />=-�'����`.j��� �'4.;:,�'.' destro y,damage or impair�h�s Propeny,allow the Property ta deteriorate,or commit waste an�he Propeny. Borrower shail .ti
<br /> -� - ^'����:r�; be in default,if any fnrFeitura actian or praceeding.whether civil or criminol,is begun I hat in Len der's g o o d fai t h ju dgmen t ,..
<br /> -����a"-'��'-'S'� could �esult in farfeittus of the Property or atherwice muterially impair the lien created by this Security Instrume�t ar �7.
<br /> ���'��cfl`- k t�. LerxY,x's security in4er�.rt. Borrower may cure such n default and reinatate,as provided in parugraph I8,by causing ihe action
<br /> -':�, " ' '"� '. ��
<br /> _=:N�,�� ' ; . or proceeding ta be dismixsed with a nding thut,in Lender�gax7 fai[h detennination,precluder forfeiture of the Borrower's
<br /> _ , interest in th¢ Pmpetl�'or other muterial impaimien�of�he lien created by ihis Security Instrument or Lender's security
<br /> ��-- �:�;:��.:. interest. Bormwur shall also be in default if Borrower, during thc loun applicatian process, gave muteriully false or
<br /> ""�'°""•• ?;:�.,'.'?�. inaccu�e inform�tian or statements to Lender(or fniled to provide Lender with any ma�ariul informution)in connection wilh '''
<br />__,�;�,�� ° ' � the Ioon.evidenced by the Note, including, but not limited to. representutions concerning Borrower's accupancy oi the �
<br /> �—- ��U:+ pm�,,r�,.�n�a luincilwl recidence. If this Security InStrument is a�a leasehold,Borrower shall camply with nll the provisions
<br /> '':•�`.��'d"�''� �� of the lease. If Borrower acquires fee title to the Property.�he Icasehald and�he tee title shall not merge uniess L.ender agrees __
<br /> 'f�'�+, ,1S'r.�, . �,
<br /> ,:..i to the merger in writuig. - -
<br /> � •�.��...::.�:a: 7. Protection aF Lender's Rights in the Property. If Borrower fAils to perform the covenanls nnd agreements �.�
<br /> "• ` , contained in this Security Instniment, or there is a legal procceding that muy significantly uffect Lender's rights in the —
<br /> � ��•".': � Property(such us o prcxeeding in bankruptcy,probute,for condernnntion or farfeiturc ur to enfarce luws or regulations),then ��
<br /> ' Lender muy do and pay for whAtever is necessury to protect the value of�he Propeny nnd Lender's righls in the Property. �`
<br /> *' o Lender's actions may include puying uny zums secured by a lien which has priority over thi�Security In�trument,nppeuring ��
<br />_� �.; .};�•'.....;,- „ ; �-•
<br /> '- '�� ^' in court,puying reasonable a�tomeys'fees und entering un the Propeny to muke repuir�. Although Lender muy taka uction _
<br /> � ' • �� under this parugrnph 7,Lendcr dce,nut huvc to do w.
<br />- - '•~n�'''• :�" �' � Any emounts di+buned by l.endcr under Ihis parugruph 7 �hull b��:wnc udJilional Jebt of Borrower secun�d by this �_.
<br /> '"-` r :,"�`. .'�� .. Security Instmment. Unlesx Borrowrr and Lender ugrce to other[ermti uf puyment,the�e amounts shall bear inrerest from the �=~
<br /> ��' date of.iisbunement m the Note rute and xh•rll be puyable, with intercst,upon notice f�nm Lender to Borrower requesting �--;-
<br />�"" ..;....�.,, a ment. ��-
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<br /> - �"�'"� S. Morlgoge insuronce. If Lender reyuired mort$age inrumnce as a condition of making the loun secured by this �- -
<br /> . ::f':rt�s�
<br /> �rt., , , ; Security Instrument. Borrower shall pay�he premiums reyuired to maintuin thr mortgoge in,urunce in effec�. If, for any �
<br /> ` � ret�on, the mortgage insurunce covernge rcyuimd by Lender lupxe� or ce�srx to be in effect, Borrower shall p�y the =---
<br /> ='.�:-�: -
<br /> --- : � �� premiums required to ot►tain cuverage subs�antiully eyuivalent to the mongage insurunce previou+ly in et7ctit, ut a cast =_
<br /> - ` aubstantially eyuivulem ta Ihe coxt to Borrowcr of the mongage inzurunce previnusly in effect,from an ullernute mortgAge __
<br /> . •,,,,�;.��,.;,__ Inxurer approved by Lender. If subtituntially eyuivalent rmmguge inxurance coveragr iti not uvailuble.Burrower shull pay to
<br /> " Lender each month u sum eyual to urn-�wclflh uf�hr yeurly mortgagc insurunce premium being paid by Bortower wfu�n the `
<br /> •' ,•�."�.: ' sed or ceused to hr in rffect. Lender will ucce t.u.e:u�J rr�uin these puyment,ati o luss reserve in lieu �;�.
<br />-;•�;, ,r'�",.. inxurunce covemge lup P
<br /> �" - ';;;, ; i����. of mortgoge in�urunce. Loss rexerve puymentx muy no longer be rcyuired,u� the op�ion of Lender,if monguge insurunce _
<br />-iti,,Y ;•��; .���'4,t�� coverage(in the umount und for the period th�t Lender reyuire.l pn�vided bp an in.urer approved by Lender ngain becomes =.
<br /> K.• .s. ;� _ ° , ,},� available and is obtaincd.Bnrrawer.hall pay thc prcmium�rcWuired to mainrrin murtgagr insuruncr in effect,or to provide a _
<br /> - '' •'.' loss reserve,unlil the requircmem tor mongage insumnce end,in uccordance with any written agreement betw��en Borrower �_
<br /> . _ � 'r ��`:':. �y„� und Lender or applicable luw. �
<br /> • `y 9. Inspection. Lender or its agent may make r�u.onuhle cnlries upim und impertian�of the Pmpeny. Lencier shall
<br /> ' • '` give Bormwer notirr at the time of or prior��an in��rtion.�xritying rcu.anuble cau,e tix thr in+�xrtiun. �
<br /> � ��,�u;�i•,; 10. Condemn�tion. Thc prorc�rd.of um�award ur daim f'ur Jama�r�.Jircrt��r ron;cyucmial.in ronnection with any -
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