'1.. . • ��� �, .:� . ' � — -- , t� - ' '� � .. �-
<br />��� . - :. g�� i���,38 . �.
<br /> �. �4�c1�s pto�4y dn,°�se. BomoNer shall !�the impravements now exisaing or hereu8er erected an Yhe �'--��=
<br /> Pra�Erty in:ti�!a�st Eoss dy fire. ha7ards inctuded adthin the tem�"eateade�cov�e' and any other!►�ards.i��*�►' � �,.�=
<br />' Hoods or fioodEnB.for wttich I.ender requires insuriuccce.This insur.utre shal!be maintained in the amo�ts,,,nd for thr pe�lods �!r`
<br /> th�E l.est�er requi�es.1`�e insurertce catriez praviding the itssurance shall Q�chosen by Bonower subjec4 to Lender's appmval
<br /> — ��ich�ha[!�E�unr�r.abi;W� ff E�m��er fails to r�intain rnve���scribed above. i.eader a�y, aa Lemter's .
<br /> optiop.obtain oavFrage t�pra:ect Lend�r's ri�hts in th�Property in accordaace with Paragraph 7. `_��`�
<br /> Aifl insu�pol(c'se3�renetivals shalC b..acceptaDle to Lerr�der a�id shal! inciude a stan�aid mortgage cisuse. Leudet
<br /> stiall have she right to�old the polia�ans!reneiv�. If i�eader reQuites.Borrawer shall pmmptty give to Lender a11 receipts of �
<br /> , paid pseminms�S ce�earal uotices.In t�e event of loss,Bo�rowet sha11 give prompt notise to the insuraace carrier and Lende�. �
<br /> �� Lendzr rn�y m�Ice proof of toss af noa made p7ompdy by Boreow�r. --
<br /> -=' Untess Le�er umi Bormwer otherwise agee in writing.insurance pnsc�eeds siialt�r applied t�resto�utios�o�e�air of the ���`
<br />� � -
<br /> ::>�� Fr�eaty daimged,if the restorat�on or repair is eooaomicaljy fc.+sibte and l.�nder's sec�crity is not tessened.If the restoiation or
<br /> i` repair is not eaonomiqlly fe�sib1e or Lendsr's security would be tessened,the insuiance proceeds shal)bs appGet!to the sums
<br /> •,�Y� secuted by this Security Insicutnent. whether or not theo due. wiati any exoess paid to Borrower. If Borrower abaadans the
<br /> � � Property,or does not ar�swer�vithin 30 days a aorice ftom Lender that the inswance carrier has offered to seWe a claim,the�
<br /> � Leude�r any oollxt the irtsurance proo:eds. Lettdet may ase the proceeds to repair or restore the Property or to pay sums
<br /> +.='�� sec�red by this SeCVrity inctmmQnt,whether or aot then due.T6e 3Q-day period wiU begin�vtcen the notioe is given.
<br /> �• ?� Untess�er and Borrowu othawise agcee in svriting, any applicadon of prooeeds w princip�I sLall not extend os
<br /> ,`�j� postpo�the due date of the monthty payments referrod so in paragraphs 1 and 2 or change tde amount of the payments. If
<br /> ;;tj aader pazagraph 21 tke ProperCy is acquired tsy Lender,Borrower's right to any insurance pol�aes and pm�xds r�suiting fmm --_
<br /> � dar�tge W the Property prior to the acqaisitIon shall pass w/.ender to ehe extern of the siuns secured 6y t�s Security Inst�unene '°�''
<br /> -� :'� immedlately prior to che erquisirion. , .
<br /> �f'± rP tTc�p�nty,rr�ervattou,nirawc�ana Rt�ot�ion of ene Fropwt�+;sorrmver's toan appltc�ttor�;I�tds: --
<br /> �'"'�i H�ms�s{csr.�hall occupy.estabtlsh,and use 4he Property as Boaower's principal resideace�vithin sixty days aRer the ea�ossu�on of =_-
<br /> �c:i' _ . tWs�Sec�vrity Instn�W*and sLtitl w�nve to axupy the Property as Barrower's prindpat r�;idr,nce fo�at leasi Q�.yc�r a8er .� �..
<br />:z;�!': . ���Qf ,
<br /> : ;� occupancy,ualess I.ender atherwise agraes in wreting,which consent shaD not be�nreaw�ly witbhe!►�,cir,uni�s
<br /> "��f ctuenuating eir�umstauees exist tivhieh ace beyond Bomswer's canuof. Borrower shall not destroy, dama�e or.u�.,�s�tlte
<br /> :;F'r' Fmperty. allow the Pragerty to d��iotase.or oosnmit waste on t6e Praperty. Borra�r�shall be.in defauIt if anf E?�fFeitarC , ��
<br />.,: ;.: action or praceeding,whether civll oi criminal,�s began Wat in Lendei's gaad faith j�t couid resvlt in farfeituts of the
<br /> .�' Pra or otherv�ise materiall air the lien created b this Security Instrumem ar Le��r's securi mterzst.Borrnwer . �
<br /> _ P��Y Y�P � Y ty' may . ,:� :'�, .�.--
<br /> cure sucfi a default and reinstate,as provided in paragsaph 18.by causing the aciion or proceeding to be dismissed with a rnlIng ..'.;;;:�-;�.; �-m--
<br /> ' �o��•
<br /> ` dist. ea llr�d�.'s�if faiti�determination, Precludes forfeaWre of the Bonower•s inte,��t in the Propesty or other maderiat �::�.::.:'�--'-=.-
<br /> ` af tIie,lir�t createci 6 �13s Sexwi Instru�cent ag�cder's secam isiterr�t::ct�rrower shall also be in default if ' '==-',
<br /> . impair��. �=i• �Y ty r ---
<br /> "� Bacra�sr,:�tui��r tl;i':f�an ap�:io�ri�prooes�.gave materiallX false or inacc�iate iaform�iii.5s:.or statencents to Lender(or failed � �:;�
<br /> ,tl �° W��.�;Lender'��y•mati�3°mformationj�m conaecrion with the loas�evidenced 6;��.ti.I�Yote.L�icfudiag,but not limitad
<br /> 'r�,� ` : '• to.r�'_�ysentations�cttita:cming Bomower's ocat�c�.y of the Properiy as a principal residance:If this Sr��t�ity Insuvment i$oa 3 � ��
<br /> ,,(s.t�':�". I�as�t.�, �orroarer•r�r11 comply with all'the prbvisioas of We lease. Yf Eossower asq�.ires fc�tiite to the PSoperty. th�..:.,,,:� `-
<br /> T{!`, l;,�rd:v�'snd t�e f�dtle shall not aaerge untess I.end�r agrees ta the marger in ,;' g. �` ;;r � � _
<br /> �,;.'�: � 9.Paatation of Le�cr's Ytights ia.tl�e�roperY3.1f Bormwer fails to perfoim the���nants at�d agreemeats .:;;.' u� � �"
<br /> !.. this Security Instrament, or there is a legal proceeding that may significantJy affect Lender's righu in the Property i�as� .�.-
<br /> �..; : proceeding in bankruptcy,probate.fos oondemnadon or forFeiaue ur to enforce laws or regu4ations),then Lender ma}r:�o a�£',.;�,;�,"�:� �
<br /> pay for whatever is ttecessary to protert the valae of Ehe Property and Lender's rights in the Praperty. L.et�der's actlofLS inay�°��;�.;`.�
<br /> inelu�ie psying aay sums secw�ed by a liea� ahich has priority over this Security Ins�ument, appcarinS in cou.�rn,�tsyiqg �� ��:
<br /> ' , rea,o�±9e attameys'fees aad ente:ing on the Property to make repairs.A1tUaugh Y.endec drs�q take aciion aader tl�js����►g�p� �;.�.:,
<br /> ' � 7.Led�t�ir'does not have w do so. . . �. ., ., � � . � -
<br />_ - 'f r: , • . ..,�,:. • F�`".-_
<br /> . ��i:�.. :::.�:., � �ti,..'�r amaant�iifshu�aet�try�La�der nnde�;th9s parsgrapl�? shall�bec�ome.additiotf�}�8ebt af�d�i�wer secur�by•J�is.''4°;;?: _---
<br /> , �,
<br /> _ .`;., � . Secu�i��F�sut�xu;Q��:�i�'i�i(:as.�orrower and f.t�'ns ugaee to other tem�s of�ss�.?�tr t}�;.�unounta�f.�iiY�'�Caear int�r��ctal th�i�;..,::�;. —
<br /> : ` date ti�h.�Q?'`.• •►�4!rre.•^�iu:'�ai the Nni�:�,t�',�aad�sha11 be payable.with intetest, �:s�:rQ:'c�-t�i�as Lender to Borrewex;�rx�ri�x,atti� .,
<br /> PaSmi�:��:;., , .. � . . . . :•�,. . .
<br /> 8.Mortg,ag�Ynsuranr.e.il;�'�`er required mortgage insurance 3s a conditlon.of ina7ring tt�e toan secure�by aflis��s�ty:;.,...,.'• _,__�
<br /> '�� insuument, Borrawsr sS�all paq�;r'.�preariums reqaired W maiatain tt�e mortgage insurance in effeci. If. for any n�ason, the '�.;�'';: �
<br /> .- ��-; mort�e insnranr�cu�t'er�ge requised by I.eader lapses or oeases to be in effect,BorrowEr shall pay the premiuias requireQ to -�'+-,;;� .
<br /> ' � `- ' obtain coverage su��;l:�tially eziaiw�sJent tu the mortg�qe insurance greviously in efifect.:itG a oost substat►tially equi�atent to the z ::-.
<br /> � , � cost to Bonower of the mortga�r�i�r.saraace previovsJy in effea, from an attemate m�i�s:ge.insurer apprnved.hy.•fUender. If
<br />:' .{ �;_ ., sa�,,^tu:siaily equivatent mort�tge�sumncs coverage is not available,Borrower sha:t����Fo Lender eacf�momh a srr�t��equal to � .
<br /> °�i.;. :; one-tarelftU of the y�:,��yr martgage insaraace preinIum being paId by Bano�rer+�t�i tii�insurance cove,rase[�psed or oe�ased to
<br /> f �r'•;'','•. ba xn effect.Lendcr c�9ii a
<br /> :.,�.. . . ecept,qse and retain these payments as a loss rescnv.e irt.fi� .�f mortgage iisurance. Loss resetve
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