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<br /> petiu�lr.�hat lanJcr tryuirrv. TIK insura�e carrier providing Ihe Inxunuke Ahull be chcnen by Burruwe�subject to Lendp�R
<br /> • Approval which Aholl nd be unrcaumubly withheld. if Bomowcr fuilti to moinwin roveruge dc+crihed ubnvo, Lcnder may,ul
<br /> -�..�; ,:,'���.. ' Le�uler�op�ian,obtuin cuvem�e ta pnNCCt l.ender�righ�z in�he Pmpzny in accardaoce with pArugruph 7. ______
<br /> "�•�a�o�. All innura�xe pc�licfe�and r�enewul++hall ik ucceptable to Lender ancl shall includc u+tondanl matguge clAUre. L.ender
<br /> r+hall huve the right�o hotd the policios und nnewt►Is. If Lender reyuircx,Borrawer shall pnNnptly givc tu I,ender all receipta =_ -��-�
<br /> �= 'p ' of puid prcmium.und rcnewul naire�. In the event of loxs,Burmwer xhall give prc�mpl nwicr io tM+inwurance cwrier and �
<br /> ., ;.fit.�.ni� �
<br /> .+=,� . -� .�. " •• Lendc�. Le�xkr mu mukc rrn�f ot�lo..iP n��t made m tl b &�m�wer. ���-,:�
<br /> _ . .... _.�......_ Y P F� P Y Y �:__�'==..
<br /> � .;������,n� Unlerx LenJer nnd Borrowe��Hhcrvvitie ugree in writing,in+urance praeed,ahull l+e applic�d io rcawrntian�r repnir af ..�._
<br /> _ , �:__�,. .,, the Pm�eny dnmuged,If the ceslorulian or repair is economicully feusible und Lende�: �ecurity i�ncN leaseaed. �f dte
<br /> " . . � rr��orAtion ar repnir iz not ecanomicully feutiible or Lender�tiecuriry w�wld be IexzeneJ.�h� intiu�anGC proceeds shull bu �.
<br /> - = upplied to Ihe�ums secunrd by thix Security Inwtn�ment,whelber or not then due, wi�h �ny exce��puid to li�owpr. lf_
<br /> _ . . . .. . Bortawer nbandonr the Pniperty.or d�+ no�utiswer within 3U day�� nutirc from I.ender Ihul thu int�umncg currie�haw
<br />::-����� : ^ • ,.�. offeRd to senlr u cluim.th�n Lender muy collect thr inxurunce praceeds. I.ender muy u�e�ha prnGecd�+w repair or reRtorc !'�""`
<br /> -°` ����"�� • • the Propeny ar to pay sums secured by�his Securiry Instrument,whether or not�hrn due. Ttia 3(1-Aay paaod will begin whqp �_ _..�
<br /> z f• ` ° °. � the noticc i�given. !
<br /> -_- �' '' Unles.r• Lender unJ Barruwer otlierwitie agrea in writing,any upplicutiun af proceed�.to prinaipal zhall nos extend or � -
<br /> �• i`�. : P�Po Y P'Y F� R P h• � B P
<br /> �=.��, }_ _�- � ne the due dute of the monthl r ments mierred to in ra ra s I und�or chun e tha amnunt of�he aymen�s. If !T"=-_ _-
<br />_ . ` �'�'��� under pu�ugrnph 21 the Property ix ucyuir�ai by Lender, Borrawer's right to uny insumn4e pc�liuie4 and proceeds rcsulting —
<br />��;.,.: ' � from dnmage to the Praperty prior to the acyuisition shall pass to Lender lo the extent of tha sumK recured by�his Securi�qr� �--
<br /> - - lnsuument immediutelypr�oita U►e ucquisi�ion, r�"-�
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<br /> �^� ° 6. Occupancy. Preservatlon. Maintenaace and Protectbn of Ihe Properly; Bq�nqwtr'9 I.oan AppNr,ati�qp„
<br /> . ' ,,�;=��.•.;`-"' ` I,eASehoWa. Borrower shall occupy.ex�abli,h,and use the Properly us Burtower i prim:ipul rcrid�nq�wilhin�aix{y day►�f'Iqr ° ---T�_
<br /> � Ihe execution of Ihis Security Inslrument und sFwll continue lo occupy the Property u.ti BoROwes's ppn�ippl�+eF�dpnc,� fo�,�t �-ti=
<br /> � ' � • Ieast one yeu s�fler �he dnte of occupancy, unle.s Lender ahenvise ngree� in writing, whiph.cons�nt Fhall�inat be �
<br />' •� '` ` unrea+onably with4eld,or unless extenuating circumswnces exist which are beyond Borrower's ceuttn►I. Ei��rrqweT yhull not �:
<br /> . � • ° �:�. destroy.dwnoge or impalr the Propeny.ullow the Propeny lo deteriornte,or commit woste on th�Pro�rty, Bomower shull =_
<br /> ' � � '' ` be in defuult if any fodeiwre uctian ar proceeding,whether civil or criminal.ix begun�hut in�.�ndurk good faith judgment
<br /> . „ could result in forieiture of�he Property or wherwise muteriully impuir the lien creuted by thiK Securiiy Intitrument or
<br />_ , , . • Lende�b security inlere+�. Borrawe�mAy cure such a defuult und reinstute,u.ti provided in pnrngrnph 18,by causing the aclion �:``
<br /> •• ` • � . or proceeding to be dismissed wiU►u ruling tho�,in Lender's good fuith determinAlion,piecludes forfeiture of the Borrower's �•�
<br /> ' ��� �" imerest in the Pra rt or dher moteriul im irment of the lien creuted b Ihi�Securit Instrumem or Lender's securit ""`�'°
<br /> . . . Pe Y P+� Y Y Y ��,;;;:
<br /> �� • interest. Borrower �hall also be in deYaull ii Borrawer, during the Icmn applicntion procexti, guve materiully fulse or
<br /> , ' • inaccurote informuiion or statemems to Lender lor fuiled to pruvide l.ender wi�h uny materiul informution)in cannec�ion with �`'-
<br /> _�r,ca�i•::;;k; the laan evidenced by the Note, including, but not limited to, repre�emutionr co�ceming Burrower's accupancy of�he ��..—
<br /> . -� ` . ` •' s: Property as a principal rexidence. If�his Securiry Instrument i+on u leu.,ehold,Bormwer shall comply with all the provisions _ ,�:;.,:..F.
<br /> ' " ��'� • of the leose. If Borrawer acyuire+fee title to the Property,the leasehold und the fea�ide�hull not merge unless l.ender agrees �;r�
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<br /> '',���":`i'.. • lo the morger in writing. -"-° ---
<br />' s� ` ' 7. Protection of Lender's Rights in the Property. If Bam�wer fails a perform�he covenunts and agreements �il��-=
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<br /> • contained in �his Security In�trument, or there is u Iegul proceedinp thu� may significun�ly affect Lender3 righ�s in the �-� _ --
<br /> • Pmperty(such as a prcxeeding in bunkruptcy,probntc,for condcmnutiun nr forFeiture or�o enforce luws or regulntions),thsn -- --
<br /> Lender mny do nnd pay for wha�ever i�neressury�o protect the vnlue of�he Propeny and Lender's rights in the Propeny. «^
<br /> : . Lender's uctions muy include puying:u�y xums secure�i by u lien which hu�priarity over thix Security Inytrument,appeuring
<br />: ,. _ , in court,puyins reasunuble aitorneyti'fee+ und cntcring on thr F'ropcny to make rcpairs. Alihough Lender may takc uction -
<br /> ;��,�, . ti�;,,�, under this paragraph 7,Lender doe+nut huve to do so. �• "'---
<br /> - � ::.;.. Any umountx di,buned by l.encler under lhiz puru�ruph 7 shull become additionul deM��f B�xrower secured by this �=-
<br /> ':?����� Securiry Inzlrument. Unletis Borrowcr unJ LenJer agrce�u uther ic�tin.of paynxni,�hex amountx shull bcar interest from the �-.;�„:'==.
<br /> , ,�:. � dute of disburu:ment vt the Note r�tr and shall he payahle,wilh inlcre.t,upon nwice from(.e�der 10 Bomower requesting �•--��
<br /> �,;�i�:' Payment. `.�:�:.
<br /> � �' 8. MoHgage Insuranee. If Lender reyuind mortgagc imuranre a,a conJitiun of making the loan secured by d�is �'-.',�' �-
<br /> � •• . . Security Instrument, Borrower shall p•ry�he premiums required to muintuin the mnrtgu�?� in+urunce in effect. !f,for any �`'���"
<br /> . •• reuson, �he mortgage imur:urcc coverugr required by Lcnd�r lup�c, or reusc� to Ix in cffect, Borrower shull pay tha R---4--"��
<br /> ", �-:�;';'-• premium+ required to abtain coveruge sub.�antiully eyuivalem �o �he murtguge inwr�nce previously in effect, at a rost �---•°-�—
<br /> � ' . ,::�,;:,4,t._ 6�':a�:�'`
<br /> •-� . substnntially eyuiv�lent to the co.t to Borrower��f the morlgugr insurunce prrviuu.ly in rffect, from an altemute morlgage --•,,��r.�-
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<br /> ; , , insurer upprovcd by Lender. If subs�s�miully ryuivalenl mongugr in.urunre r�weragc i,not uvai luhlc.Born►wer�hull puy to -r-..;�
<br /> ", . Lender ench month u sum equul to une-lwcltih of�he ycarly monFu�r inwmncc prcmium tking paid by Borrower when the �';Y
<br /> �.,, insurnnce coverage lup.r•ed or ccuseJ to 1�in effect. Lrnder will urcepl,u�r und rctuin thrx paymenls as u loss reserve in lieu . ' r,:�---_:.
<br /> ", of morigage inxurwrce. Loss re�rrve payment.may no I�mger Ik requirrd. a��hr��ptinn uf Lendrr,if mnrtgage imurunce • �
<br />: • ;��";'• coveruge(in the umounl t►nd tiir the p�riixl thal Lcnder reyuim.)proviJed by;m in�urer•rpproved by Lender again become,
<br />„ . °�"' avuilnble:►nd ix obtained.Bonower.hall puy�he premium.rcyuirLJ lu muinluin mongugr in+urcmce in effect,or to provide u '
<br /> loss rescrve,until Ihe requiremeni I'.�r monguge insurance rnds in ur�ixduncc a•ith�m��wriucn a�mement betwecn Borrowcr �
<br /> � und Lender or upplicuhk luw.
<br /> 9. Inspectinn. Lender or itti agent muy makr rea+onuhlr entriec upun:ind in.�xrtion.oP thc Pni�xrty. L�nJer shull �
<br /> . give Bonower noticc a�thc timc of or prior to an in,�xcti�m.�xrif�•ing rc:�,�maMr rau,r tbr thr in.�xr�iun. '
<br />- 10. Coademnation. Th�: procc�il.���t'uny award ur rlaim ti�r dam�iEr.,dirrct ur r„n.cyurntic►I.in conn�rtiun with any
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