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<br /> �—�a _ period�that Lender�equirca. The incurance cu�rfer providing�he inaurance yhull be chosen by Barmwer subJcct ta l.ende�k
<br /> upproval whkh chAll not be unrca�a�ably withheld, li 8orrower fails to muintain caveruge desc�ibed above,Lendcr may.�t
<br /> - L,otiderk oplion.abtain cuveruge��protect I.enderk�igitls M the Propeny in c�ccardance with paru�rnpf�7.
<br /> —_.-__ - All insurance policies wid rcnewals shall l+e suceptobir to L.ender und shull include u xt;u�dard mongage cluuce. Lender
<br /> �—=-'�'-G�'� ahall have the�ight tu ho1J�he palicies and renewuls. If l.ender reyuircs.BoROwer shall pmmplly give�o Lender oll rcceiptx
<br /> -= of p�fd premfuma wid rcnewal notices. In the event of los�. Barrawer sholl�ive prompt naice to the insur�nc�e carrier wui �
<br /> ----�:'� l.cnder. l.ender muy make prnai�f lovs if na made pn�mptly by B�xrawer.
<br /> �`F-^--- " � Unless L.enJer wal Borruwer wlMnviw ugr�w fn writing,in�urance pcoceeds shall t+e upplird u�rr�t�xetion nr rcpair of
<br /> -,-��" 11x Property damaged, if�he rcstomtion or rep�ir is economic�lly feasible and Lender�: securi�y ix not lestiened. !f�he �
<br /> restoration or repair ix not econc►mlcAlly feusil+le or L.ender�sc�unry would be lessened,tha insurwKe proceeds ahull he
<br /> �',;��y'��� opplied�o �he sumx isecurcd by this Secu►ity In.r•ttument, whether ar�at then due, wilh any excess paid ta Bomuwer. If _
<br /> --�. Bortower abandon.g the Property, or does .ot Answer wlthin 30 days u notice from Lender that the insurnnce cartier has �
<br /> _ ==•"•� ' ' offered to se�Ue a cluim. then l.ender muy collect the insumnce praceed�. Lender may use�he praceeds ta rcpair or restorc �_
<br /> _ --- .``=-�::; the Properiy ar to pay surns�ecurcd by this Security lo+urument,whe�her or not thrn duc. Tfrc 3Q-day period will begin when �;
<br /> -:--� �.�- '.- the trodce is given. �°
<br /> �- '�`= ' Unle.cs Lende�and Banawe�otherwise ugree in writing,any application of pmcceds to prinripal shAll not extend or
<br /> -;��:��'�'2 ` postponc the due dute of ihe month�y payments retcrred to in pamgmphs I and 3 or change Ihc tunount of the payments. If
<br /> — J r -� �-, u�der pnragraph 21 the Propert� is ucyuircd by l.ender. Borrower!c n�ht to any insumnce policies and praceeds resulting v�
<br /> �"`-�"�_ �� from damage w the Property pnor ta the acquisition shall pass to Lender to the axtent of the sumc secured by Ihis Security
<br /> � ���•;�:,���,, Inswment immediutely prinr to the acquisition. __
<br /> — __-__�,_ 6. Occupancy� PnservAtion, MalntenAnce s�nd ProtecUon ot tMe Property: Borrower's Loan AppUcAdoo:
<br /> -� �=� I.easehold.�. Borrower sh�ll occupy,eata6lish,und ase the Rropeny�Bamower�s principal residence within sixry days after _
<br /> � �A'` _• fl the execution of this Securi[y Instrument nnd chnll conlinue ro uccupy the Propeny us Borrower's principal residea�ti fix at
<br /> �x,� , .., -
<br /> --- - ^-�' �--� IeASt one year after the dsue af occupuncy, unless I.ender othenvise ugrees in writing, which consent shall not be
<br /> ���_•_��� unreasonably withheld,or unless extenuating circumst�uices exist which ore beyond Borrower4 control. Borrower shull not �'=�
<br />�T"!"�"----�"""°,y;,• desuoy,dame�e or imp�ir the Propeny,allow the Propcny to dereriornte,or commit wnste on the Property. Borrower shull '`�"`
<br /> �� ��y.���,�;<., be in defauU if any forfei�ure aclion or proceeding,whether civil or criminal,is hegun that in l.ender�s gaod fuilh judgment �F`:_
<br />=�'�`:;,F. , �;,,:,; could result in forfeiture of�he Propeny or otherwise mc►teriully impair the lien created by this Securiry Instrument or •�
<br /> Lender'.c security interest. Borrower may curc such u defoult and neinstate,as provided in pamgraph l8,by cuusing the ac�ion �` '�
<br /> °�� v�, `� •,:" •� or pracceding to 6e dismissed with a ruling that,in Lender's good foith detenni�utlnn,precludea forfeiture of the Borrower 4 �•-�
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<br /> �� i ��:.,,�:, intercst in the Propeny or other materiul impuirmen[ of the lien creoted by this Secu�ity Instrument or Lende�'s securiry
<br /> '�'` �r„�"., intercst, Borrower ahall ulso be in default if Borrower, during thc la�n upplication proceas, guve muterially false or �,-
<br />-'':��'t• �'"° ' � inaccurate infartnation or statements to l.ender lor failed to provide Lender wHh any muterial informution)in coaneclion with --
<br /> ,a� , �,�°. ,.
<br />�,�.���F., the loan evidenced by the Note. including, but not Nmited to, representations conceming Borrower:s occupuncy of the -
<br /> -s- -- �`".� Propersy as s principsl rtsidenct. ]f this S!�c��rity Inan�ment i�on n leasehold.Bortower shull camply with all the provision� --�-
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<br /> ;,,_; ,, of the leuse. If Bormwe r acquire�fee tiUe to�he Propeny,the leusehold and the fce title shall not merge unless Lender agrees Y�:__
<br /> �a�� ',`.��•}�•'• ' to the merger in writing. `'`��
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<br />�;.;� ��s { ' 7. Arotectioa of Lender's Rlgbts in the Property. If Borrower fails to pedorni the covenunts and agreements _
<br /> „ ���"1 � �+ contained in this Security lnstrument, or there is a Iegul proceedioF,thnt mAy sisnificantly affect Lender ti rights in�he �::.
<br /> _;�,�R,�,nf,3�,��`� ,.,� '_°��'�',",�' Property(such ar a praceeding in bankruptcy,probate,fnr condemnatian or forf�iture ar to enforce laws or regulutions).then .g�
<br /> -�-�'�`S•f'?��• � Lender may do and pay for whacevcr is necessary to protect the vulue oi the Nrapeny and Lender:s rights in�he Property. �-
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<br />�� s�� • � . Lender's i+ctions may include paying nny sums secured by u lien which has priarily over this Security Instrument,nppeAnng ;,��...
<br />'�'r in court,pAying re�.tionnMe attomeys'fees und eniering on the Property�o muke repair�. Although Lender may tnke ac�ion i:r
<br />� � 4'��. •t �y~�i•• d.. -_
<br /> ��`.''� .�r o.,:f.�'-s under this paragmph 7,Lender does not have to do so.
<br />--, ��, 4 Any amounts disbursed by Lender under this parngruph 7 shull become additionul debl of Borrower secured by thiF ��
<br /> Security instrument. Unless Borrowcr und Lender ugree to othcr termx of pnymem,these amounts shall benr interest from the �:,
<br /> • t ." � dute of dixbur:cement at the Note rute and sh•rll be paynble, with imeres�,upon notice from Lender ro Borrower re.quesling
<br /> _ � `* payment. ����
<br /> �� '� o S. M o r t g a g e I n s u r a n c e. I f L e n d e r r e y u i re d m o n F a g c i ns u r u nce u,u c�ndi�ic►n of makin g the loun secured by�his
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<br /> -T„ , � �'" 'tl��' Security I��strument, Bortower shaU ppy the premiums required �o mvintuin the monguge insurancc in effect. If,for any �:__
<br /> " � � reoxon, the mongs�ge insurance coveruge required by LenJer lupses or ceuses to be in effect, Borrower shAll pay �he �,
<br />, :t;�_ � `�,�: •�'`''� premiums required to obtain coveroge xubstuntially eyuivalem to the morlgage insurunce previously in effect, Al A COSI
<br />` y_:;,� ;ti,�;,�� .' ' substuntially equivsilent �o the cost to Borcower of Ihc mortgage inxurance prevfau�ly in effect,from an ulternate mortgage �:�.
<br /> _ ��j���t����, '�_' insurer approved by Lender. If substuntially eyuivuleni mortgage insurunce coveroge ix not uvuil•rble,Bormwer shull pay to
<br /> v�'�;'t.' 'Si�t���. ,"�°. � Lender eACh month a sum equal to onc-iwelflh uf Ihr yearly nwrtguge insurunre premium t�eing paid by Borrower when Ihe �__
<br />� -_- =>,ur�- insurnnce coverage IupseJ or ceased to bc in effcrt. Lender will ucccp4 usc unJ retain Ihcsc payments ati a loss reserve in Ileu _
<br />===��-�Q•�'±^S""'. , .' of mortgage insurunce. Loss reserve puymentti muy no lon�er t�e rcyuired,ut the nption of Lender,if mongage insurance �.
<br /> -_ 7..'�` ,� ' coveruge(in the umount and for�he period that Lender rcyuirc.)pmvidcd by an insurcr upproveJ by Lender�gain 6ecomes
<br /> ,:=• . avuiluble und is obtuined.Borrower shull p•ry the prcmiums rcyuireJ to muint�iin mongage inwranre in cffecl,or to provide e �
<br /> � ,�;;_ loss rexerve,until the requirement for mortguge in�urance enJ.r in ucrnniunce with�ny wriuen ngreement between Borrower �;;-.
<br /> .. ' and Lender or npplicable law. �-
<br /> ' 9. Inspection. Lender or i�s ugcnt may make reu.onable rntric�upun und in.Exctionti of thc Pruperty. Lender shall ��-
<br /> ' give Borrower nolice ut the iime of ur prior to un incpectiun�{►�rifying rcuumahle cuux for thr in+�x:etion.
<br /> ' 10. Condem�nlion, The pr�xeed.of'any �iw:�rd nr claim ti�r dumagec,dircct or comeyuenlinl,in connection with any �
<br /> =•��,.. Singlc fimiily--FLnnitt�toelFtcddle Mac UNIFIIR�t Ititi'fRUl14:yT••UNturm Cuocnrm. 9I90 r/r,��e J,Jn�,Rrs� 4'r:.,
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