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<br /> ,� -- , periuds Ilu�t Lender�eyui►e.r. 7be in�u�uncc caRier provfding�he ineurwke ehall be chu,en by Rartawcr subJcct ta�.ecKkr�
<br /> �"— Mp�+uv�l which cludl nd be unreasonably wi�hheld. If Borrowe�fAilti�o muMtain cuvcruge described abava.l.endcr m+�y,au
<br /> --- Lenderb option,abt�in caver�ge�a pratect Leixfer�rights in�hep�v�erty in accordance whh pars�raph 7.
<br /> - All insw�ancc pnlicies and rcncwul��twll bc�ccplable to Lender w�d�hull includc a a�and�rd matgage clw�se. I.cndeR•
<br /> �g:��] shall huvc tl►c right to hold the policies rnd rcnewal.r. If L.cisder reyuirex.Bortower nhall pramply give�a l.ender all rocei�r,.g�
<br /> = of paid premiums a n d renewu l n o ticea. I n i h d e v e n t o f l o s s,&►r r o w e r.r•h u l l g i v e p ro m p t n o t i c e t o�h e i n s u r a n�:a c a t T i t t w A d�
<br /> --= L,endcr. Lcaier muy m�ice pro�f of lasy if nrn mwde promp��y by Bam►wer.
<br /> '�__—_=n--- �° Unless Lcnder nncf&�rrower dhervv{se ogr�in w�iting.insuronce proceedti shull hc applkd ta rest�tian�x ropai��of
<br /> -- t� Propcny damuged. iP the re4tcx�tion or repair is economically feu.ible s►nd Lender�cecurih��s nw le►�n�i. If:tt�;. �
<br /> --_—� re,tomtion or repuir ib �rot ecc�nomicully feu.,ible or Lender�5ecu�iry wuuld be Irs-cened,the insunuue pnaceed� sha�l:bt
<br /> "_ upplkd to the xums secured by thix Security Inxtrumen�,whether or nat then due, with any excetis paid ta Bamwar• Ii
<br /> _= Borrower al►andons the Propetty. a'da�a na� answer wi�hin 30 duys u notice fmm Lender Ihat Ihe insuruncc cucrier tt�
<br /> -- __-_� uffercd tu sseltle a claim,then i.ender mAy rnllect the intiurunce pra:eecl.. l.endcr may use the proceedx to repair o�rest�e
<br /> _ �hc Hvperty or to pay sums sccured by�his Securiry Instrument.whether or not then due. The 30yday period will begin w�tn
<br /> _-_- _ � �hc aotice i�given. �
<br /> f��F��;;� Unless Lende�and Borrower otherwfse ngrc�in wri�ing.nny nppliru�ion of proceeds to principal Fhall nw extcn�•ar
<br /> _—�-,,.� paslpnne ttie due date af the monthly paymentn referred to in parugraphti I und 2 or chunge tlte�moum af tlx paymcntfi�.if
<br /> _'�;�.,� under pamgmph 21 the Pn►penY �s ac4uired by Lender. Borrawer�right to any intiurance policie.und proceeds �e+sultlt�
<br /> ___ from dnmuge to Ihe f�ro�eAy prior �p�he acyuisition shall pass ta Lender ta the eatent uf Ihe wms secured by lhiti Ser.'uri1Y _
<br /> — InatNment immediutely prior to�►e acqu�xition.
<br /> ___ 6, p���y, preservpUon� INaintenance and Protectbn of the Property: BoROwer's Loaa App�p+tiaa; `_
<br /> --�;',� Leaseholds. Borrower�chall occupy,establinh,w�d use the Prapeny us Borrower;principal residence wiihio sixty days aitu _
<br /> "�-- -___-�'� tl�e eaeeution of this Security tns�rumenl wid sholl continue to occupy the Propeny u, BcHmwrr�prioeipa! �asidenec fM at
<br /> _�__-,•,;,��: .�� le�w one yeu afler the dote of accupnncy, uolesti Lender othenvise �grees in wriring. which concent shall nM be
<br /> -=�-.�?�� unreaconpbly withheld.ar unless ex�enusuing circumstunces exi,t which ure be)'ond Barmwer�conttal• BarmW'er nhxll not ___
<br />-- �...`^�-f: °�' „ desuoy.dnmage or impair�he Piopeny.alluw the Propeny ta deteriorute.or commit wa,�e an the Pmpcny. Bormw•cr shall ,_.
<br /> � '''"""'S�'�� be in defuuU if any farfeiture nction or praceeding,whe�her civil or criminal, is t+�gun that in Lender�gnod fs�ith JudF�nent �
<br /> ���,;�� �{, ;
<br />-- ; �''� cou l d rrcu l t in fo r f'ei w r e a f t h e P m p e n y a r o t h e r w i s e muteriull y im pnir�he lien cne�t.d by �his Security lnsttument ar �
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<br /> - rt,; Le�der y security interest. Borrower may cure such u default nnd rein+tute,us provided in pu�graph 18,by rausing th�t artion _
<br /> �g:�;;4T� or praceeding w be di.mi�;xYi with a nding thot,in I.ender+good f�i�h determination,precludes fort'eltu�e af�he Barmw�e*i v
<br /> ;�s;y-�--�=n � irtterctit in the Pmperty or other material impuirment of the lien creuted by this 5ecurity Iastrument or Lenderi �;ecurity —
<br /> intercst. Horrower shall ul.o be in dufuult if Bamwcr, during �he loun applicution proccxs. gave msueriallp false or �
<br /> '`�� inaaurate informntion or x�ntemen�s to Lender(or failed to provide Lender with any material infarmationl in c�nn�'r:�ion W�th
<br /> ��` Ihe lonn evidenced by the Note, including. but not limited to, repreuma�ion.r conceming Bormwer� oa:u,rae�:)' of the
<br /> _ -� Propeny as a prinripAl residence. If thih Securiry Imtrumen�ix on a Ieu�hold.Bnrmwer shall comply with a11 thr pmvisinns
<br /> y r``"��_-� of rhe leas�. If Borrower acyuirt� iee tille to the F'mpeny.the leuseix�id und ihe fee�itir,Iw�i �wt�xrgc ur.:..:�..3.rn�er uams
<br /> v. ��. -
<br /> --_�_":�,�,,, ... to the merger in wri�ing. -
<br /> —,��'.� •. 7. Proteetbn of l.ender's Righlx in the Property. If Bormwrr fuils �o�x:rform �he coven:u�t, :u�d agreemem�c _
<br /> ' co�lained in this Securiry In�hument, or therc i. u legal proceeding th�� may �ig�ificuntl�•uffect Lend�:ri right� in the ``
<br /> " properry(cuch as a praceeJing in bankruplcy,prohate,fnr condemnalian or forfeuure ur lo enforce luw��or regulat�aml,���
<br /> ,,��l�llw�';,. :..••�.� -
<br /> - � •�,. � ;�.�a l.ende�r may do and p:►y far whutever is nece��ary�o protect thr vLlue of thc Pmpeny aixl Lend�rk right� in th� I'mpertY• _
<br /> �-'%� °�`•'o�r • • '"" ' Le�dert actions may include payinF uny tium+u:cured by a li�n N•hich hu+priority over�hi.Secu�ity InxlrumeM.appeuring _-
<br />-`'�= ��rr��^��+�'�• in coun,puying reawnuble uuomey�'fees und rntrring on �he Pmpeny to makr rcpairs.Althuugh LenJrr may wlct uction -
<br />_�o��Y��_ .�d� F under this parngraph 7.Lendcr does not huvc to do w. -=
<br /> Any amounts dixbuned by Lendnr under thi.paragr�ph 7 shull hecnmc uJditi�mal deM�if Bnrmwee urured by thiz .t.,
<br /> _ ���� �1'16'� . �" .1M� Security Instrument. Unlc+s Bwrciwrr und Lender agrre tu��ther icmi.uf paymcnt,thc.e amountc�hall beur inter�.tit from the _
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<br /> a• �`•-{--,' dute of dixbursement a��he N�we rate anJ.rhull bc payablr,wilh interes�,upun notice fmm I.encicr to Bormw�r rcyuesting
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<br /> `'��'�-'� �`� 8. MoMgage Insuranee. If Lrnder reyuired mongug� in+ur�mcr u.u coix�i�i�m of mrlcing thc Icun secured by thix =
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<br /> Securiry Insuument. Bormwcr+hull puy the prcmium. rcyuirrd t�� muintain thc munga�c inYurunce in effn:t. If', for nny
<br /> °���-'�`�,;`•';:" ' reason, Ihe mortgagc imururne coverugc reyuinJ hy Le�xier lapk+ or c�a�cti to tx: in eff�y:t. Bormwcr shall puy the =
<br /> --J�����•;;�5;�:�;�� premiumz reyuired u�oMuin covera�e tiuhstantially ryuivulrnl lo the m��rtgage in,uratk� pre.viou�cl}' in effect. at u co�t _
<br /> � '' `r�;'�� ' suMiantiully equivulent to the m�t to Borcower uf�he monEage in�urance previou.ly in eft'�t�, from an atttmate mongage =
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<br /> _ ;1�,. ,,� „ � � insurer upproved by l,ender. If�ubstuMiully cyuivalent mohgugc in�urunrc cover.��e i+na available.Born�wer.hall pay to .�,
<br /> ��,�,r _. . Lc:nder euch month a sum eyuul to nne-Iwelflh uf ihe ycurly mungugr in,uranrr prrmium bcin�prid�y Bnrtower when the
<br /> -,;.;.;;, ,,,;�,,,,,,;.,;;;....r. insurancr covernge lup+ed or ceuseJ to tm in effer6 LenJcr�vill ucrept,u��anJ reiain th�:,e p•ryn�:nt.a.a lox.rcscrve in lieu
<br /> _;,:;;= :•��•=-� � of mortgage insurunce. Losx reserve paymen►. muy no longer ix� rcyuireJ, a� �hc uption��f Lender, if mongage insurunce _
<br />-`• ' coveruge(in the wnounl und fur the pe:riod thut Lendrr reyuirc�l pnwideJ hy un imurer up�►ro��.d by Lrnder u�!•rin berome� —
<br />"'� " � uvailuble iutd is obtuined.Born�wer shull puy Ihc premimu.rcyuircd a�mnintain inurtg:�uc inrurunrc in effecl.or tu provid�•r
<br /> �.'�� " �r lo,s reserve,until the rcquirement for mimguge intiurance cnJ+in urronlanrr N itli an� Kntten u�rcemrn�t+etween Barrower _
<br /> �•i . .'�• and Le�xlcr or upplirabk luw. _
<br /> ' ��' :,� 9. Inspection. Lcnder or it�agrn� muy mukc Ra,on•rblc rntrir.u�m anJ inti�x:rliom ul'tlk Pro�xny. Lcnder�hall _
<br /> � , . .,° give Bom►wer notir�at thr tim:oF or pri��r to un im�xcti�Hi+�ritj inp rr�aunublr rausc litt thc imFxrtion. :
<br /> '., l0. Condemnt�tinn. Tlx prcxeed+��f an�•a�vard ur rl:�im li�r damagrti.Jirrc�.,r cnn.cyuential.in cunner�iun wi�h uny �
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