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<br /> — `��_�� � 92_i c�ois�
<br /> � � • ' U�auae,,�. Rorrower �hafl kocp the impmvemmts now cxiuiny on c�rca(ter cmclod a+� th�
<br /> == ' S. Ilwtd oe PrbpnlY nther bs+zAnls.includin�
<br /> Pm�ehy inwrod��lass by fire, huanls ineludad wi�hin the term "extendod �'ovcrngc'ancl any
<br /> Qood�or Itaodin�,Por which l.end�cr ro9uircs inwnncc. Thi�inwnuux shall bc maintainod in thc anxwut►ond far�hc periodr
<br /> --y;;;; tb�t Lendar nequires.7'he iowrance cartier pmvldin�the insurrance shall be clwsen by Borrower subjaK�o L.endcr'+opprovd
<br /> ---____-_�:_ � wb{ch tludl nut be unrcaROtwbly withheld.If &MOwcr fails w mairuain a�ver�c describod alx►ve. Lctxlcr mry. �L���`
<br /> �—_�� opUon.abtaln covera�r to pmtoct Le�r'�righls in the Property in accardance with parnRraph 7.
<br /> AH inwrance pdi�ies�m1 rcncw�ls shall be�wxcptoble �a l.erder�nd slu�l includc a st�daR)mc�nQagc cluusc. La�wfer
<br /> .- - - �r�� ivc In l.cn.icr all rc��:ipts�►i
<br /> - '�� �h�ll have Ihe riQM w Iwld the policics nnd renewals.If lxnJrr rrqufres.Bmm�wcr shall promptly g E- - --
<br /> -.---..� p�1 pKmiumc and m�ewal eotices.(n the eveM ai(as.�ruwer slwll �ive pron�pt notice�o the insurnnoe curricr wid L.ender•
<br /> -==�_�'_�� L�ender m�y m�ke pmaf of loss if nat made promptly by Borrower.
<br /> .�,..•
<br /> U�S(,�ndes yu�d Bartowcr othenvise a�roe in writing.insuranc�:proc��,ds sha�l bc aPPli�d 10 rest•,rati�m or npair of the
<br /> -.-'`��,�•�� p�peRy dam�ged,if thc ncstoratian�x rcp�ir is cconomirally i'auiblc and Lender's socurity is nd le�sened.If�hc rcstorotian or
<br /> '^��:A:.T.�h.'1T� �—
<br /> �.� rcpair is not ocawmically fc�sible or Lender's security would be lessenod.the insurance Pnxti'ed�s�w�l bc aPPliad io thc wms
<br /> - - '°"'�'�='-::� socured by this Socurity Ins�rument, whcther or rK.t�hen due. with any ezass pAid to Bam�wer. If Bnrnowcr s�b�ndans the �—
<br /> -�=�;�-� property.or does not aaswer wilhin 30 days a iati�-c fn�m Lender that�he inwram�e camer hag affeml tu scnle u claim, thcn
<br /> -�' - Leeder may rnflocc the insuran�e pt+a'ceds. l.endcr may use the proceeds to repai� or rcstorc the Pn�perty nr to p:�y sums
<br /> tocurod by this Security lnstniment.whcther or not theo due.The 30�day periud will begin when the nWi��e is given.
<br /> - -- -- =-��"Y;� Ualess Lend�r and Borrower otherwise agree in writing. any upplication of p�+u��eds to princip�l shall no1 eztend or
<br /> ---�-� postpone ttre due date oi thc monthlY p�Ymenta rcfemed to in paragropha 1 and 2 or cfwngc the am�unt of the payments. If
<br /> —_�f,�. procccds rewltin from
<br /> •_r under pa�graph 21 �he property is xquirai by l.endcr. BarnnwePc�ight to any insuranoe palicies and B
<br /> --- �* �: . damage to the PropeRy p�or to the acquisi�ion elwlt pass to Lcnder to the extem of the sums cecurod by�hi►Secu�i[y InWmmem �
<br /> - -'�'�' unmediately prior to the acquisi�ion. , —�-
<br /> -�: ---"H'"� �. 6.(kcup�ocy.Praervatloa.lNalnteuance and Protectlon ot t6e ProPa►Y:Bonower s I.oaa AppNt�tbai �ds.
<br /> -:�"�'�;'s:,:.,,, .
<br /> �-�-.- Horrower sFwll aocupy.estab�ish.and ose the P�°PenY as B°m°w'er'a princip�l residence within sixty ds►ys after thc execu�ion a
<br /> =`•:_, ,�. as Borrower's principal residena fo�at least one year afler
<br /> .� �,- this Securiry lnstnunent end shall continue to occupy the PropertY
<br /> -'��-� ' ` tAc date of oocupu►cy.unless l.ender ottrerwise agrees in writing.whirh rnnscnt slwll not be unmA.u►nably wiihheld, or unless _
<br /> -����c�._a�:a9'rf',;,..
<br />--- ��. .�• t,;i eutenuating circum�tances exist which are beyond BorrowePa conlrol. Barrower shall nat destroy, damage or impair the _,
<br /> �'�'w3 property allow the P�operty to deterfuzale. or rnmmit waste on the Property. Borrowc�shall be in defauU if any fi�ri'eiturc ----
<br /> ae�.;:�_ :r�#,�,,;,
<br /> _ ;�r��v,;�lst'4""���'".}��;:i? action or pt�oceedirlg, whed�er civil or criminal,is begun�hat in l.ender's gaod Paith judgment��uld reauU in forfeiture uf the __
<br /> - _'"•+�'�f•r.����:•-i,�•�- propeny or othenvise materi�lly impair the lien created by this Security lnstrument or l.ender's security interest. Borrower may
<br /> - =::xicxl ��.',{�.
<br /> �41{„� cuoe:uch a defauft and reiaswte,as provided in parograph 18,by causing the xtion or proceeding to be dismic.�i with a rulinB -
<br /> _ • -_ -_ - �� in kn�C�', gou3 faith dctcrmis�tion. pcecludes forfeill�m of the Borrower's interest in the Pmpcny or cwher maUerial _
<br /> ��.��.�
<br />'��`���m�;� -•� impairment of the litn creatcd by this Securiry Instrument or Lender's security interest. Bnrrowe�shall nlso be in default �f --
<br />`�����. �� '''•�� Borrower.during the loan application process,geve materinlly false or inaccur�te infarn�ation or Ftatements ta I.ender(or failed
<br />`?Kv. , ti�
<br /> F•.� � , �'>.�'�;; to provide Lender with any material information)in connection with[Be loan evidenced by the Note,i�uluding,but na limited
<br /> �,,...,;dc�`� to.represenwtions rnncernio8 B omoW'er's occu p a r►c y o f t h e P r o p e r t y s�s a p ri n c i p a l r e s i d ence. If this Securiry lnstrumem is on a -
<br />'';�,-;;r � . �easehold� Barrnwer sFwll comply with nlf the provisions of the lease. If Borrower acquires fee title to the PropertY. the
<br />;it;,;•� � "� '��,, k�asehold and the fee title shall not merge unless l.ender agrees to the mcrger in writing. --
<br /> ,;,. „�- . ,- 7.Protectlon of Lender's Wghts in the Prnperty.�f Borrower fails to perfarm�he covec�nts ami pgreemcnt�containcd in -.�
<br />:,,,,�.�'� .r��..:...r�;��. this Security Instrument. or there is a legal procceding that may significantly affect I.ender's rights in�he Property lsuch as a ��,.
<br /> °�s= ' 3,rv�w�..:ti:�;, proceeding in bankruptcy,probate, for condemnation or Porfciwre or ro enfarce laws or regul�tions), then I.ender may do am1 _
<br /> ���'.....,�64„�. --._ -
<br /> : :« : � �, , pay for wtutever is nrcessary to protect the vulue of the Property and l.endcr's rights in the Property. L�:nder's Lrtions m�+y
<br /> �`� •• '� include payin$ any sums tiecured by a lien which hus prinrity uver thic Security Instrument, uppeuring in ��uuN. paying
<br /> •.:,�;` 'r,,._ ,.�� :ec
<br />''�' '�`'�°''�"��' ` reasonable anomeys'fees end entering on the Property lo makc repairs.Although Lcndcr may takc actian undar this pamgreph
<br /> �� �.
<br /> �`�"�'�'� �� ' 7, lender dces not have to do so.
<br /> - ,.,r��• '• � ? i�E,��
<br /> �"" ,�;4;;{� Any a�rwunts disbursed by l.ender undcr this paragrapb 7 �hall become uddition�l dcbt of Borrower scxurcd by this -
<br /> • `7 .� •1-';�i'•' Security Instrument. Unless Borrowcr and Lcndcr agrce ro other terms of payment, thesc amounts shall bcar intercst from thc --•-
<br /> *.` .,I,l�� --
<br /> • '-'• '���•'.''<• date of disbnrsemcnt at the Note rate and sh�ll bc payable, with interest, upon noticc from L.ender to Bomowcr r�ucsung
<br /> f'„a ,..•�.r i i;".,, PaYment.
<br /> �,�,�+-:,��' �'" -=--
<br /> ,t„til��a,t� 8.Morlgage Itt�urance.If Le�er reyuirai mongage insurunce as a comlition uf making the loan secured by this Security s�r-
<br /> . �"�`"'.:,..y,:;r..
<br /> , tt.,.`�,`-.. Instrument, Barrowet shall pay th�:p�emiums rcquired to maintain the mong•rge imuruncc in effect. If, for any reasan, �hc ���
<br /> .. mortgage insurance coverage rcquired by Lender lapses or cesi.+es to bc in effa:t.Borniwcr shall pay the prcmiums rcquired ta �`_�
<br /> '; `�i'�t, ' r,�." � obtain coverage substantially equivalent to the mortgage insurunce prcviously in cffcxt, at u rnst �ubstantially eyuivalent ta the -.-___
<br /> ° , � cost to Borrower of the mong�ge insurance pn:viously in effect, from an altern•rtr nx�ngage inrurer approved by Lender. If �.�r�
<br /> substantially equivalent mortgage insurance covcrage is not available.&►rruwer�hall pay to Lcnder e•rch munth u�um equal w ;;.
<br /> . one-twclfth of the yearl�'mortgagc insurance prcmium bcing paid by &�rr�iwcr whcn thc imurancc covcragc lap�cd or ceaacd tc� 1"
<br /> . . be in effect. l.ender will eceept,use and retain these paymemti as a lacti rcurve in lieu of murtRage insurance. I.cns re�erve �. Y�
<br /> „ , .' Form 302t lIf10
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