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<br /> �=�� pe�lais�hut l.ender r�equire.r. Ttn�insurnnce carrier provlding Ihe in4urunce bhall he cho.en by wer rub t to l.e rh
<br /> --- appmyal which�hall not be unreasanably withheld, If Bamwer fuilw ta muintain�ovcrogo de�iibed abovc.l.ender mYY•�
<br /> .'4 — --- , L.ender's option,obtain coverage ta protect Len�c�k riKhts in�he Pn�peny in accanlance whh psuogrnph 7. �
<br /> All insurance poNciea wid renew�l++rlwll be+�re��able w l.ender und shull include u�unJual mortgage clause. Lender �
<br /> .�.' �choll hnve thc right to hold the palicic.and renewalw. If l.endcr reyuircs.B��rrower ahAll prampliy give tu Lender all rcccipta
<br /> . - of paid prcmiuma ond rcnewal notire.r. In�he evem of lass,Bcxmwer ahall�{ive prampt natic�e tu the in�urancr caRfer�nd �==-
<br /> L.endec Lcnder muy make pnxii'of Irnw if n�.�mwk pn►mptly by Horrower. —..--
<br /> � Unless Lender suid li�rrow•er otherw�se agrcc in wriUug,in.ur+ukr pr�xc�d�shall bc applirci�n row�xetinn u►rr�{r of Q___
<br /> rN� �he P�openy dwnaged, if�he reti�orutian ur repair ix e�anumically fea.,ihle und Lendcrk sccurity is �xw Icar•cned. li the
<br /> -_ �,_ .���' rcslorotion or repair is not��conanically fcu.ihle a► Lenderk�ecun�y would t�e Ie.wned,ti�inyurunce pmceedx xhatl be �,
<br /> upplied to�he sums �ecurcd by thiy S�tiuri�y Intiuument, whether nr n�N then due.with any ezces+puid lo Botmw�er. If _
<br /> �'���"'�•;;'--- Borrower abandons thc Property.or daw m►t unxwer wi�hin i0 duy�u ncwice from L.ender Ihc�t Ihe insumnce camrr hw �,_
<br /> _�;:��:i;4•,-.,-�;;`'=- offered to se�tle u d�im.then Lend�r mpy collrct�he inxurancr praeeds. Lcnder may uu Ihe proceeds Io rcpai�or restore R�.�
<br /> --� = the Piroperty or to pay wms sccurcd by this Seruri�y Inwrument,whe�her cu not Ihen due. The 30-dvy Periaf will be�in when• �...
<br /> °�=`-�"�. �;-.:�' the notice is given.
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<br /> — '-8``��''�'-` . Unless Lender nnd Barrowcr o�herwi�e ugme in w�riting. uny upplicution of procceds t��prinripul stwll nat extend ar �,,,..
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<br /> �_�—�'='- ;. postpone�tie due date of the manthlY paYmentg referred�o in parugr+phs I anJ 2 or change the amaunl af�he payments. 1 c
<br /> �-•, under ra h 21 the Pro n is uc uired b Lender,Bartower s nght to any in�un+nce pnliciec and pmceeds resultin� __
<br /> .�v;,.�;�.; Pa B�P R Y 4 Y, , __
<br /> ,��.,;_.,. from damage to�he Property prior ta�he acyuisiuon shall p�s to Lende�ta�he eztent of�he sums secured by this Security
<br /> �"`'="""'•° Insuument immediutely priorto the acqu�sitiun.
<br /> ''=t�_::=�����_.�•'•: — -
<br /> _ .,�r.�.�.�t._�{, 6, pccupw�cy� Preservallon. Mofntennnce aad Protectba of the Property: Itorrower's Lonn Applfoattont
<br /> -- ------ l.easedolds. Borrower sh�ll occupy,ecla�hlish,nod use U►e Property s�s Bortowerk principal residence within sixty dayx aftar _
<br />-=-��� ,°=x•'�• �•••4'�T tFie execution of thi�Security Inswment and xhull caMinue to accupy�he Propeny ae l3arrower's principal�iJen�C fur u�
<br /> ;,�::'�� �;.�t:r��-_<,�'=--• least one yeu uUer �he date of occupat�cy, unless Lender aherwi�e ag►�ees in wri�ing, wbich consent shall� not be �
<br /> ,a-,��``, .,l� ^.�:n, . • unreasonably wilhheld,or unless rxtenua�ing circums�tuncew exisl which are beyond Born►werk comrol. Borrawer sh�ll�not �-
<br /> ___- � ;fr;S,���.',:f.. , destroy,dnmuge or impair the Propeny,ullow�he Propeny to deteriarate,or commi�wus�e an the Property. Bormw•er�haU ��Y
<br /> �r '��a f.,. be in default if any for�eiwre action ar proceeding,whether civil or criminal,is begw�tha�in I.ender',goad fai�h judgmenl =-=
<br /> !�� r"'`"•• could resul[ in forfeiture of the Pmpeny or othervvise materinlly impair Ihe lien creuted by thic Security Instniment or �
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<br /> Lenderk secnrity intercct. Borrower may cure such c�default and reinstute,as provided in p�gruph 18.by causin�the actian �
<br /> ���"�;��;;�,.t•, �; ar praceeding to be dismis.r•ed with a ruling that,in Lender's guad faith delemtinution,precludes forYeiture oi tht 8arrowarR
<br /> `'`��''"°� interest in the Property or o�her materiul impuirment of the lien creuted by this Securi�y Inxtrument or l.endet's necuriry —__
<br /> -_�:�,lti..��;. •.,_ ' interest. Borrower shall alw be in dcfuult if Borrower, during the loan app���p��on PfO�'�', g�vc materinlly fulse or
<br /> _ -' :,�,,� ; � inaccurate information or statemen�.s to Lender(or fuiled to provide Lender with uny muterial infonnation)in connoctian with _�
<br /> � .� t • the loan evidenced by the Note, including, but not limited to, reprcsentation4 conceming Borroweri occupancy of the
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<br /> - - .� ` Prapeny as a primipul residencc. tf this�..ecurity lnstrummt is on e IPo�hold.Borrower shull comply wilh ull�tre provlsians
<br /> "�;:�;��t • `' •:,� oi the lease. If Borrower acyuirew fee title to Ihe Propeny.the leosehold nnd the fee title shall not merge unless Lender agrees —
<br />-:j�::;•:. ., . �`z:,.:". to Ihe merger in writing.
<br />:;<<�:�•,'•; • ` 7, protectbn of l.ender's Rlghts in the Property. If Borrower fails to perfortn Ihe coeenants nnd agrexments !�-�•�
<br />`=:'�y��'� �`�`�� ' contained in this Securi�y lnstrument, or �here is a kgal proceeding �hut mAy significantly nffact Lender's rights in the �:--
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<br /> it�;:�' �''ti:��f,:t�s��� ' PropeAy(such as u praceeding in bankruptcy,prubate,for condemnation or forfeiture or to enforce Iaw•s or regulations),then �.__
<br /> ;'4..,. , . �.� Lender may do nnd pny for whAtever is necessary to pmtecl the value of the Pruperty and l.ender's rights in the Propeny. —
<br />_,:��,, , ,{ �� , Lender's nctions may include paying uny sum�secured by a lien which hns prioriry over this Security Instmment,appearing
<br /> _ � � , in court,pnying reASOns�ble ultomeys'fees und emering on the Property to molce repairs•Although Lender may tal'e nction Y
<br /> _ _ -�r�}., ..;.•, under this parugmph 1,Lcnder doe+not huve tu do s�i. �`�:
<br /> •;t•.;th, - Any omounls disbuned by Lender undcr Ihis paragrrph 7 shull become addilional de6t of Barrow•�r xc:urcd by this a
<br /> -• c'�*4;�� Security Inxtrument. Unlesti Borrower und Leixler ug�ee to other tenns of payment.�hese wnounts shall bear ime�est from the _
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<br />., date of disbursement ut Ihe Note rute and shull 6e payable,with interest,upon notioe fmm Lender to Bmm�wer requesting �,
<br /> ';�:Y•. yt�e . W►Yment. �s�
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<br /> . • .�_. �'��.r•% 8. MorlgaRe Insurance. If Lender reyuircd mortguge inxur:mce ax a condillon of making the loan secured by this �_
<br /> .. ;;���� . `` Securiry lnstrument,Borrower shull pay the premiums requircd to maintuin thc mortguge insurunce in effect. If, far any _,_
<br /> renson, the mongnge insurnnce coverage required by Lender lupses or ce:�ses ta be in effect, BnrmeLr shall pwy the �;_•--
<br />.-�,;.='�; -��k . premiums reyuired �a obts�in coveruge xubst:mtiully equivalent ta �ix: mongage insurunce previously in effect.at u rost ��
<br />� . ' subsluntiully equivs�lent to tfie cort ta Borrower of the monguge insurance previously in effoct, frnm an ultemate mong�ge _;;d.
<br /> - ��" insurcr npprovcd by Lender. If subsl:mtially equivulem mongagc insurunrc rovc�uge iti not u�•ailnble. Bnrmwer shall puy to __
<br /> :�'��;;°� .` , Lender euch month u sum eyual ta onc-twelfih of thc ycurly monguge insuruncc premium being paid bp Bnrrower when�he �
<br />;�_.�';�.: insurance coveruge lap.ed or ceuxed to be in rffect. LenJer will accept.u,r und retum the+e p3yments ar•a loss rezerve in lieu --_
<br /> . ot mongage insurunce. Losr rexerve puymems may no I��n�cr be required.ut the aptian of Lender, if mortguge insurance _
<br /> coveraRe(in the umount und fi�r the period th�t Lcnder rcyuires)prrnidcd by•rn intiurcr appraved b}� Lrnder again 6ecomes -�_.•,
<br />.',^, , . „ ,. .�,,.` avniluble and is obt�incd.Borrower,hall pay the p�emium+rcyuircd to muintuin mungage imuruncc in effect.or to provide u
<br /> bxs reserve,un�il the reyuirement for mon�uge insurnnce enJ.in ncrordanre with uny written•ugreement betwren Borrower
<br /> �,;-. ..�;:� .:� and Lender or applicable luw.
<br /> ' �' 9. Inspection. Lender or it,ugent may muh�nationuble rntric.u�xm and in.{kc�iom of�he Pm�rty. Lender.hall �� .
<br /> � . give Bortower notice at the time of or priur to an im�xciion.�x�ifying rca.onaMe cau�e i'or the im�etiem,
<br /> ;�;:. 10. Condemnation. Thc pnxecdx nt'any awurJ ur rluim for damuge,.dirrrt or comeyuentiul.in connection w•ith un).
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