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<br /> ,`.�� 92-10 0256
<br /> ��� ' p:ricds�ha�Lender rcyuirea. The in�urance cc�rricr pmvidMg Ihc in�urunrc�hull be ciw.en by Borrow•cr�ub�c�tn L.enderk
<br /> =_= approvul which ihall not be umm�sonably wUhheld. If Bcxmwcr 1'uil��o mulnwin cuvcrngc dexriheJ�Uove,Lcndcr nwy,W
<br /> Lender K opiw�,obtain coverrge�o protect Lender i��ighl�in the R.��:hy in acrordu�ce with p•rrugruph 7,
<br /> a' All insur�nce paliriex w�d renewulx whall 6e skceMublc lu l.ender um1+hull include�+iundani munguRr clause. Lender
<br /> xhall ho�•c Ihe right to huld Ihe policies and renewul.. !f Lender nyulr�..���rmwcr�hull prnm�ly�tivc U�Len�ler ull r�.�eipt*
<br /> _�;: af pnid prcmiums and renewal nwices. 1��he event af Ivss.B�xruwr��hull give pmmpt nntice k►�he Inxur,uke carrier und
<br /> ,,; .�. , Lender. l.cndcr may muke pmot'oi lo,w if not rnucie pmmpdy by Baxrower. =v
<br /> .`�;. ',' . %}-, Uole«Lender anJ&►rrower wherwik agrri in aritiu�C. In�ur;uicc pracecd+shall he applied to tti��nrminn�n rrp�ir i►f �-- -
<br /> e,�� �hePropeAy d�magcd. if the t+e,�oru�ion or repair is economically iearihle u�xl L.eixicr:��curi�y i� n�N Ic+yrncJ. If Ihc
<br /> "'���'t., � restonuic►n or re ir iti nut ecanamirally Pea�ible or Lendcr's sccurity w�wld bc I�.+ened,thc imuru�xc pnxced� xhull Ix� —
<br /> .:�•'� "�';�``? P� �+a--:-
<br /> • ____ �•'^•',:'.c ° � upplied ta the sums r,ecured by �hi� Securily Inclrument,K•h�iher or nut Ihen duc,w�ith uny cxccw. paid �o Bom�wer. If ,...r.,.•.
<br /> =,=-`• T�'?:^=t`"�`" � Barcawer al►andons the Propeny,or dne�i�►t answ�er w•ithin �0 cluyr u n�xfc�fn�m Lender that ihe in4u►uncc currier hu� ;
<br /> -=�°,°'`;' offered to setde u cl�im.�hen Lender mny coHe�t the in+urance prcKecd�. l.ender muy u�e the proc��als to repair or mvtore • -�=
<br /> �`�-: . . . the Propeny ar ta pay cum�secured by�his Security In�niment.whe�her or nat �hen du�. The:�ll-day peri�xi will hegin whcn '��=`'-
<br /> =�?.:.. ,. •.
<br /> -�'�,�.` -_ , . . the notire i�given. �'�-�_ `
<br /> __ , , -�e� Unless Lender ond BoROwer otherwiu •rgree in wriling.any upplirulian af pmc��eJ�eo priixipul xhull not extend ar �`,:.,��-_
<br /> -_-_ =-�._-ti t.,,�,,,, poxtpone�he due dute of the m��nthly paymentx refrrred to in pamgmpb+ I and 2 or changc thc wimurn ot'ihc payments. If
<br /> —�--"-�;:°•-�• under purngrnph 21 �he Pmpeny is acquired by Leader, Burruwer�right to uny intiurunre pulicic, und pr��ceeeds rewlting �_-
<br /> ���`�������'�,"� " '�"� fimm ds�mn e to the Pm n riar to the uc uisition shall .s to Lendrr to�he extenl of Ihe sums wcured by thix Secu�ity ���
<br />--- =.,y,:... ; .��..�.. B Pe Y P N !�� sx-s:�._
<br /> _��,�,.:,•.�..�� :' n Instrume�t immediAtely prior ta the aryuitiilian.
<br /> � "`►�- 6. (kcupAOCy. Preservation. Nai�tenance and Protection of tqe Prope�ty: Borrower•s Loan ApplicnNon; �''."'��---
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<br /> I.eASehold�. Rormwer shall cecupy,estublish,and u+e the Propeny ux Burroweri principnl residence wNhin+ixty duys ufter ,; `
<br /> �, the execulion of this Security Ins�rument And shull cominue w cecupy the Roperty ns Borrower:principul rexidence far vt •:•-� ��
<br /> ��-.�� , k,-: ^:',,;-� least one y�eur ufter the date af occupancy, unless Lender atherwis�e agrce� in writing, which consent shull no� he �v;�;'�_�'°
<br /> � '• • ^ � unreaxonuMy wi�hheld,ar unleti�extenuAtinF circum+lancex exist which ure beyand Bormwerz can�rol, Borcower.hall not •`';�
<br /> _ � de�troy,damuge or imp•rir the P�ropeny.ullow the Pmperty�o de�eriuratc,arcommit wa.�e��n the Piropcny. Bormwcr xhall t�:�'�`
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<br /> �• '��ti"� :, be in defuult if any forfeiturc nction or p�oceeding. whether civil or c�iminul, i+begun�hai in l.ender:gaod faith judgmenl _�'__ �
<br /> " could result in forfeiture of�he Property ar ahenvi�e materially impuir ihc lien cnuted hy �his Security Instrumen� ��r �_�H,;,�_,_`
<br />=•_ � , rf� o,�' � " Lender's securiry interest. Borrower may cur� such u defuul�und rein��ute,us pruvided in pan�ga+ph 18,by cauxing the uction ._
<br /> �� . ' ' nr pmceeJing to!k dismi��ed wi�h a ruling thu�,in Lender's good faith detcrminution,precludes forfeitwe of thr Borcowcr; �
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<br />- � imerest in I he P roperty ar al her mn teriu l i m p ui r m e n t a f t h e l i e n c r e u t e d b y t h i. Se curil y Iourument ar Lender's securit y �� ��
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<br /> "'' � interest. Borrower rhull ul.o be in defuul� i( Rorrower,durin� �he loun upplicaii�n proress, @ave muteriully fulu: or l ti�41.w._.,-
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<br /> inaccurnte infarmu�ion or s�u�emeni+to Lender lor fuikd to provide Lender with uny mu�erial inforniati.ml in cannection wi�h , •�,::.:
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<br /> �.� =n.��r�,., the lonn evidenced by the Nae, including, twt not limited lo, represen�diam roncernin� Bom►wer� cxcupunry of Ihe �;,,�•
<br />_ -- . Pioperty as a principa!rc�idence. !f this Se�urity Instruin��nt i•��n:�IP��vhnld. Rmm.�wer shal 1 com�►ly wilh nll 1he provisions "�,�,.;.
<br />- •�� �� of thc leu+e. If Borrowcr ucquirex(ee tille lo Ihc Pn�peny,lhe len+ehnld nnd thc fce litle nc�ll �xx mertie unless L.cndcr ugrces ��
<br /> , . . �o the mergcr in wri�ing. !.�•'.�.',
<br /> 'y"'• '�-� '' 7. Protection oP Lenrler's Rights In the Property. If Bam�wrr(ui l.t� pertbrm �he cnvenant�und ugreements `�%�
<br />, . ''��� contuined in thic Security In.trumern,or there iti u Ie�ul p��xeeding thm muy .ignificunNy uffect Lender; rightx in the '�+.s�;
<br /> .. - ' Pmperty(such os u procerding in bankn�ptcy, prob•rte,for cnndemtwtion or forteiwre or to enfarce laws or rtgulaliom),Ihen �r, �;
<br /> " .; " l.ender muy du and pay for whu�evrr i. nccrswry to prute�l Ihc vulue�of Ihe Properly and Lendcrs right.in thc Prupeny. •�r-�• ��
<br /> ° Lender's uclionz ma inrlude u in un tium.tircunJ b u lirn w•hich hay riurit • over Ihiti Securit Ins�rumcnt,u nrin i;; ��;••���
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<br /> � in court,paying reuwnuble auorncyti'ferx und c���ering cin ihc Nrc�peny to muke r�puir..AI[hough Lender muy lake action .j;�;;s1 ..
<br /> • ,,, - . under thir�:►rugraph 7.LrnJcr d�xs nw ht�vc tc�Jo.o. .+�_'_4-
<br /> • , Any umounts disbuncd by l.enikr umkr thi� paragnipfi 7.hu11 hrc�Nn� additNmul JeM��f Born�w�r�ecumd by 1hi� ,�.-., _�
<br /> Sa:urity Imtrument. Unlc.s B��rrowcr and LrnJcr ugree eonth�ncrm�of puymcnt,Ihexe•rmc�unt,tihall heur in�eresl from the �,�r"�Y�
<br /> • Jate ot dirbunement ut �he Nule ratc and shull tx puyuhlc,with imcR.�,upcin nnticr 1'rom Lender to B�rmwer reyucsling �,.;,._�_'
<br /> , • ,�:�. � f�aYment. ,. ...e,
<br /> ° 8. Morfga�e Insu�once. If Lcndrr rryuimd murtgu�!c in�uruncc u+a rnndi�ion of makin�ihc loun serured My this ��;;�'�?"
<br /> " Security In.Irumen4 Burrower �hall pa�• the prcmium+ rcyuireJ ta maintain tlk monguge insu�uncc in effert. If. fi�r uny —° - :;;
<br /> '� reusan, ihe monguge inxuraixr coveri�ge reyuinJ hy Lender I.�pces ur cease� to Ix in rffecl. Ba�m►wer shull pay Ihe �;�;,".�.,'
<br /> ' ii�'U premium+myuircd to obtuin covcragc xuhstuntially cyuivalem tci thc m�xl�age in+uran�c previnu�ly in cffrct, ut a cusl .,,�
<br /> . . " ,. �'� subtitnntiully cyuivulem�n Ihe co.t to Borrow�r ol'tFk monguge i�nurance previuusly in M'tcct. from un i�ltems�te mortguge �;�,;_,..,.
<br /> ;�„ insun:r appnwcd by Lrndcr. It'suh�tumiall�•cyuival�m nwn�agc inwruncc cnvcrogc i�nut availabk. Bnrrowcr xhall puy to �`•:'��
<br /> �4�': .. Lenckr r:Kh momh u.um rqual tu one-twelfth uf the yr:uly m�x��.agr in.urrnce premium Iwing puW by f3�,rrower when the ���•�_
<br /> �`'5.-:_•-,
<br /> F insuruncecovrrage IapxJ urccu,eJ tolx inrt'tert. Grn�irrN�ill;��cpt.u,r�n�i r�ii�in�h�,�puy�»�n��u,a I�i��r�sNrv�in lieu ;f:�.+�._
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<br /> .,'';:� . ,.�.0 , a .�ti � of mortgagc in+urunrc. Lo,x rc,crvr puymcnt�muy no I�x��rr l+�rcyuircJ,ut�h�: opti�m of Lrndcr. it'm��nguge insurunre •
<br /> - , „ covcruge(in thc umounl unJ 1'or thc 4xr�ixl ihal Lrnder rcyuire�l rrm•idrd hy :m in.urcr upprovrd by Lender u�uin lxcome�
<br /> ,. • ,,,i uvnil:�hlc ond i�oMtuinrd.Bi�rrowcr shall pay thc prrmiu�n.rri�uir�d tu muinlai n mangugr in�uranrc in cfl'�:c�.or 10 providc�� .
<br />' ;;'t,{;y ~ lox+reservc,until thc rcquiremrm fc�r m��ngu�.r in.urance cnd.in :Krardunrc��•ilh :my wriu�n agr�rmem helwecn Bormwcr ' ,
<br /> . und Lrnderur applirublr luw, ,��,��.
<br /> ,, .. 9. Inspecfion. Lendrr irr il� ageia�nia�mal.c rcu.�,nuhk rn�ri�,u�xm :md in.prr�H�n,�if Ihc Pnip�rly. L�nder shal) '
<br /> , .� � ' '� give Bormwrr notice u��hr lim.��f ur prii�rl��an im�xr�iun.Excil'}ing rca.�Niuhlc.•uu.c lircllir in.�xrti��n,
<br /> • ' `5'�'`:: 10. Condemnation. Thr pnxcrd. uf am a��ard ur rlaim li�r damage�.�lircct„r r�aiu.�ucntial. in c��nncr�ion with uny
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