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<br /> f� i _ � � perials thut Lendcr reyuins. Thc inxurur�c rurtier pri�viding thc inruruncc+hull Ne cix���hy Horrowcr,uhj�ct tq L.ender4 �'r
<br /> •.,•^—� uppmval which chull iwt be uaRC�onubly wi�hhcld. If 8cxrowe�fuil+to muin�ain covera�c dcxrlbed ubure,I.ander,mu�,�u �°�'"�`--
<br /> i:; Lender a option.��htuin cuvcrugc w protect Lcndcr:righi�in�hc Property in u�:conlun�c wi�h p:uugraph 7.
<br /> �, •,.:.;�;�•^ .,: �
<br /> � :;;:,r•,;.. All intiuruncc policicx wul rcncwut�yhull f+c ucccp�ablc to Lrnder and+h�ll include a ,tandard mort�age cluuFe. �-ep t
<br /> .i� ' ......; ,hall huvc thr right to h�►Id thc{x�licic+unJ renewuM. If LcnJcr nquirc+,Rurn►wcr+hall prumpily give tu l.cnder ull receipVv _
<br /> .�y: '' �:�'tc��� . ; of�wid premfumr und�newul noticer. In thc cvem oi lo.ti,SaR��wer rholl�;ivc prumpt nutico to Ihs in�urwa:e cturier and �-- .
<br /> � ` . .� e{ Lcmler. Lend�r may muke pnx�f nf lo,.if r�d rnade p�amptly tsy Bam�wcr. �
<br /> .��,.. ... - -- Untc�ti 4cndcr and BoROwrr whr�wi�r ugrc�c in writing, inw�:uuc pr.wccJ,nhull h►: applicd t�restormian u�repnir oi _
<br /> ��' ��'� �he Propeny dwnaged, if the rcxtoratian ar reprir i+ eronumicully Fcu�ihl� unJ ltinJ�r��ccuri�y iti nut le++ened. (I'jhe -
<br /> ' "�"�`� � - re�toralion or rep•rir is n�H ecanomicully fe�.wible or lxnder. +rcurity wuulJ ix� Ictisencai,thc insu�unce pruceed.r�.hAli �+e
<br /> :3 �•.4��s: •►�. _--
<br /> =-_,�R� . •, upplied to the sums +ecured by ihi. Securiiy In+trument, whethcr o� n�d thrn due, wiih :u�y exce., puid tu Barrowe�. It
<br /> --- ----:_�:�°��°'S Borruwer ubandons thc PropeAy,o� dae+ not an,wer wi�hin ��I duyr u naice fmm LenJer thu� the inxurance c+ur�e� haY _
<br /> 4;��w " ^ � oft'ered to senle a claim,then Lender rnuy callctit the in.urunce pr�xcrd.. Lrndcr muy usc�hc pr�xecd�to rep�ir ar re�tcxr �„��_
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<br /> �:�,: �; ., the Praperty or to pay sums secunKl by thir Se�:urity Inx�rument,whethcr ur ni��then Jue. 'i'h�3U-duy�n�xl will begin whFn --
<br /> �•i��." _�„ `'� the�rodcc is given. =..-_-_ ..__ .
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<br /> - Unless Lender vnd BoROwer othorwiu agree in writing,uny applics►lion ut'pr�xcedx to principul shall not exteqd,�r
<br />'���, •. postpone the due date of thc monthly paymenes refemed to in par+►g�phs 1 anJ:o�chan�e the umuunt of the pnymemx. 1f ��'�.•
<br /> _:;4f��' � � � ' � unde�p:uagraph?I the Propeny is ucyuired by Lender, Burrowcr's �ight �o any in�umncc poluicx unJ proceedti resulting ___
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<br /> � irom damage to the Propcny prior�o�he ucyuisrtion xhall pass to Lrnder IU Ihe catem of the sumy�ecured by this Sctiurity
<br /> Y:�,r.�,�,s,.,,,,�. � Msuument immediutely prior to the ucyuisition. �
<br />-�;?;��-: 6. Occu�wncy, Preservation. Malalenonce vad Protection of �he Property: Bor�ower's Loan Appli��tiop:
<br /> ':_�:�- . = �:; LeasehpW,s, Bortower shull cucupy.csuiblish.�nd utie Ihe Property vs Borrowcr;princip�l rc+idon�c wilhin nixly dsiyz uPtqr ` . -- ----
<br /> ",^ � the executiun of this Sewriry In+trumen�and .lu►U continue to cxcupy the F'roperty a.Burrawer ti principul residance far at !
<br /> '""' ° leaxt one yeur nfter the date of occup:uicy, unles� Lender otherwise ugrccx in writins. which conrcnt tiholl r�4 � ■�- _
<br /> ��•� + • ��' • unrcosonubly wilhheld,or unless extenuating circums�uncrs rxist which use M:yond Horrowe��rantrol. Bonawer shul) nat
<br />_���: : .�k_, . �, • destroy,damage or impair the Property,ulluw tlx� Propeny to Jetcriarutc,or commit wutite un the Propeny. Borcawer shu�l ��•._,
<br /> , , be in defnult if any forfeiture action or pruceeding,whether civil ur criminul.ir�t�e�tun iha�in L.ender ti good faith judg�r►t�,i,x
<br />:'�;�_ _; .��.,,, • ' could result in fort'eiture of the Propeny or �xherwiu materiully imp•rir �hr lien crcuted by ihis Security Intitn�ment �x
<br /> �,E:, �`. � -" " Lender s security interest. Barcower may curr such u defuult und mmxlule,,ax provided in parusruph 18.by cuusi�s thQ actio�►
<br /> �� � . • ..'� � ar proceeding to be dismissed with u ruling that,in Lenderk gaxl fuith dctsrniinuti��n,preclude�foriciture of ths Aorrowers
<br /> �' interest in the Property or other muterial impairment of thc licn creute�! Ny this Srcurity Inswmcnt ar L.cnder:x �ecurity __._
<br /> " ;x„. ,°�• interest. Borrower shull also 6e in default if Borrower, during thc loan upplirutiun pruce�s, gave ma�crially talp�, ar �',��
<br /> �� � " � inaccurnte information or s�utements to Lender lor fniled�o provide l.rnder with uny muleriul infom�uliun)im m�necuap.w�th
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<br /> ::. :��„��� . the loan evidenced by the Note, including, but not limited to. reprexeawtion, ronceming Hormwer+ cxcupuncy af,the �.� _
<br /> F'roperty ati a principaf msidence. !f this Security lnstrument i,on a Ici�u�hr,ld,H��m�wer.hall camQly wilh iill rha proviripns �. ;r;—
<br /> ;rac= �:»•'. ' uf the lease. If Borrawer acyuires fee title to the Piroperty.the leusehold und the fec title�hall nut mcrFc unlesa I.epd�r.agrees _-
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<br /> . . •,. :};` ' �o the merger in writing. �"`�'"'�.
<br /> ' "�'•:�'�_ � ' 7, Protectbn oP Lende�'s Rights in the Property. lf Burrowwr t'uils to 4xdvrm �hc covenunt� und ugrecmecets
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<br /> . ,�. " "i;,��;..,, contAined i�this Security Instrument, or there i+ u legal pnxeeding �ha� may .igmficAntly affect Lenderw ri$hG�in dx �__
<br />-��• � .+�`�•. , ' "�?�;"• Property lsuch as u praceeding in bunkruptry, probate,for condemnation ur forfeiwrc�K to enfarce luws or mgulutioppl,ahen =_
<br /> . � �•. Lender may do and pay for whatever i� nNCr�sury w ptt�tect thc vuluc ol'�he Propnny vnd l.endcra ri�MS in thu.Propecay. —_—__
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<br /> '��;,rj�A _ L.ender's uctiony may include puying uny xums secured by u lirn which has priority cwer thiti Security ln�trumeol.nppeisrin8 �,�.T�
<br /> �. in court,paying reasonAblc uttomeys'Fer.and cntering on the Nmparty ta mukr Rpain. Although l.ender may tuke uslion
<br /> under thix paragraph 7.Lender dce�not huvc todu ui.
<br /> ' � � � • Any umoums di+buned by Lender underthis purograph 7 �hull hccumr udditiunnl Jebt af Norrowe��ecu�e� by this -��'--"'-��.'-�
<br /> � . „ , Security Instrument. Unle,.Borrower;+nd Lrnder u�rce w othcr temi.of paymrnt,the�c umuumz.hull bcur in�ercst from thn —_.__._
<br /> � � - dute of ditiburzement ut thc Note rate und+hull he puyablc,wilh intcrese, up�m�wticc from LenJe�to Bormw�r reyucsting '�'-;�'-=�.__
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<br /> ���'`; S. Mort e Insurance. If Lrndcr re �red mort a e insurancc :�.u condition uF muking the loi►�tiecur�c� by this ,.��
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<br /> � ,+,� " Security Instrument, Borrower .hall pay the �reniium,rcyui�cd Iu niaintain thr mi�n�uge insurancr in effec1. If„fur any _.•;�,._
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<br /> •. •��: reaxon, the mongu�e insurunce coverage rrquired Ny LrnJcr Ia�psc� or rraus tu he in rffect, Bormwer tihull,puy the
<br /> �'�'`'" , ' � premiums rcyuired to obtain rovrrage �ubsl:ntiully equivulent to �hc murtg�gr in+ur�nm previou+ly in �ffect, at a coxt
<br /> ,;,,, ��,. �.•.�.r-.:'
<br /> � �>`�*.��` •• subslantially eyuivAlcnt to the cosl to BoROwer of�hc mun�uge in.uruncc previuu�ly in eff�cl,from an uhemu(e mon�age ' � ti�
<br /> - � insurer upproved by Lender. If tiub,tuntially ryuivalrnt mungugc in�urwirc c�wrrake i�nut uvuilabla, 9orrower shnll pay ro
<br /> • � � r eui:h month u sum c ual 10 onc-iwelfthi�f'Ihe •earl mon�ugr imur.mcr premium beiug paid by I3wrowrr when the �.,��-^�*�?.J��
<br /> Lende y 5 Y
<br /> _ • • insurance covrrage lups�d or reused to he in rt'(ect. I.cnJer will accept,u,�:mJ rr�ain d�c��paymenl,u+�la�s reserve in lieu ��•a'`
<br />� `' of mortgage insururnr. Los,rccerve payments may no lung�r Ix required,u�the u�ian ut'Lender, if mqpg+�8e insurance � • • ,
<br /> o " .� coverage(in Ihe nmount and for thr perioJ th:u Lcnder icyuir�x)pruvidec!hy un in�urer�pprv�ved by l..endKr again become. , -
<br /> nvuilable und is obtaincd.Bunowcr tihall pay th� prcmiwn+reyuircJ ta m�mtain rnongag�intiuruncc in�ffr�:t.�r to providc•r �
<br /> ' loss rescrvc,until the rcyuirement for m��rlgu�:e insurunc��nd.in ucrurdunre Nith um wrinrn a�rccmunt l�et�uecn Bvrrower . . •�-.
<br /> • , und Lendcr i�r applicabl�law. �,
<br /> 9. Inspection. LenJer ur its a�enl muy mal.c rcu��mahle entrir,up�m and in.{�rtiun+uf tha Pro�xrty. Lcnder shall
<br /> give Bortowrr nuticr at thc timr of ur pri�x w an in��xciion��xril'ying rra�unuhlr rau,�tix ihc in,�xctiun, '
<br /> „ 10. Condemnatbn. The proceeJ�of any�n�:�rJ ur cl:iim li�r d:una�c..dirurt ur c��n�cyucnual,in�:onnectiun with•rny .
<br /> tiin�le hamdy--F'nnnM Vweh'rrddk�fac I�NIF(IN�11�tiTlil\tk\'1'..1 nd�mo Co�rnant� Y•911 ��N�4r!��►n/+�+eru '.
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