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<br /> ���';�. �.� 92- 1U06"79
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<br /> periad�ihut Lendc�Rquires. Thc inrurwwe cnrricr providin�t�h�innuruncr.hall bc chu�cn hy Bnrrawcr yubjc4t iu Lcndcr�
<br /> ,a:. — a�mvol which shall not be unrea5on•rbly withhcld. It'BorroN�cr fuilti t��muiMuin cuvcrn�r dcscritkJ oMwr,Lenckr muy.ut
<br /> -;�----- , LenJer's option.obtuin coveroge to protect l.endrr w ri�sh��in�he Pm�ny in accordunrr w��n�A����i,�.
<br /> All inzurunet palicieti and renewuh+hull im ucce�MUhle to LeiHler unJ.hull incluJc u ti�undarJ�ui�ng+�ge cluuu. Lender
<br /> '�� ' '` ahall havr the right to h�ld�hc palicie+vnJ renewuk. If Lcndcr reWuirr�.Borr��wcr.hall pr��mptly�:ive tu LcnJr��U nticipt+ __
<br /> =�`� `:��r of puid premiums und renewul natires. In the eveN e�f lu.c. pnrr�►wer xh�ll give pmmpi noticr w ihe in+urwue curricr und `
<br /> • �° l.enckr. Lender may makc pr��i��f lo��if not madc pnimpily by B��ROwcr.
<br /> Unles�Lender wid Bnrrowcr othcnviu ugrcc fn w�dng.in.urancc pnxR�d.shull hc u�plirJ w rc,�u�u�iuu oi repuir of �_'�
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<br /> .;��; ____, � w the f'roperiy dams�ed, if thc rcstoraiian ar rcpnir ix crtmomicully te�..iMe und Lcndrri �ccurity i. iiot Icsrened. If�hc �._
<br /> -�s�"'-as"�w�::���'"!� "'� resturotion or repair is nat economicully 1'ea�ible��r Lender ti�ccurity wuul�l t� Irz.rrn�1,thr imurunce prnceedti �hall be �:_
<br /> ,.��r•k��'�'?: :•� upplied to ti� sums secured by thiti Securiry Ins�rumenl.whe�hcr or nc�t then Jur.with uny eacrtiti paid ta Bom►wer. If �
<br /> � =i� , Borrower ubandons ihe Piropeny,or doe.r• not untiwrr wi�hin 3Q duys a noticc fmm Lcnder �hut thc insurancr currier hu� _ _
<br /> ',� �` , oifered to seule a cluim,�hen Lender ms►y coUrct�he inxurunce prcer��lv. L�nder muy u�e Ihr pnxred�ro n�puir or re.tnre _;v
<br /> °"�'-•`=�='r'�''�' � ' the Praperiy or to pay sums�ccured hy this Securily Imtrument,whether or nut then due. The;l1-Juy prriod will hegin when _ "
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<br /> . ,�,_._ �.,,� . �he notice ic�iven. �::;
<br /> _ ,,,�,;. ..�,;,;,,,�; . Unless Lender and Burruwer olhenvi�c agrec in writing,uny upplication oF prix��J.tu principal tihall not c�tcnd or __
<br /> =� � �.:+*-�;y'�• � postpone thc due datc of thc monthly puymem.ccferrrd to i�i p:�ruFraph� I •rnd 2 or chun�:r the:utu�unt af thc n+iymem.. If �__
<br /> t"* ��-r. ' �„.�„ under pnrugraph?1 the Propeny is ucquired by Lcndrr. Bmm�wer+ right to uny imurunre�licirti anJ prcx:ecds resulting �'�'
<br /> `,''� "`�"�'"�~ from dumage to the Property prn�r to�he ncyui+ition shall pays ta Lender�o�he extent oi'the.um,yecured t+y thiz Securiry �•`--
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<br /> U-,.��;�• ''' Instrument immedintely priur to thr ucyuisition. y�
<br /> �1t�;'�. , ,, 6. Occupxney. Preservation, Maintenonce and Prntectb� of the Propertv: Borrower's Loan Applieation: �;::
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<br /> _- `v'�.�;.•`y�;.,�,�;- I.cs�sehdds. Burruwer�I�ull occupy,cstablish,and uK the Pta}�rty us Borrowcr's principid re.idcnrc wilhin sixty days uRrr �
<br /> ���� the eaeeution af Ihi�Security Instrument und xhull continur to occupy the Propeny us Bortuwer+principul residenre for ut �=
<br /> —a^���tj,''�'°��' ` :"' least one �•ear aiter the date of accupancy. unle,s Lendcr otherwi+r a�rees in writing. which consent shull not be �-'`
<br /> :�v��ii�. '. � 1 h��'�n� �° ' unreasonably withheld,ar unle�s extenuating circums�ance.eair� which ure lxyonJ Bono+��er s cimtml. Bortower,hull nat
<br /> -v--� 4 " ;��`'•"�r� ��, desuoy,damage or impvir�he Praperty,ullow thr Property�to deteriorute.or cammi�w•a.+r on thc Propeny. Borrower,hall
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<br /> �.��� �y��i..�,,;;�4- °�.� be in detiault ii any fnrfeiture aciiun or procceding,whether civil or criminal,iti t+egun Ibui in Lendcry good fui�h judgment �N'
<br /> ���.�, •• � ;:,,�•..tµ;�:,,,_, ,. • coutd result in forFeiture uf the Propeny or otherwise muterially impuir thc lien creuted by thi� Securiry In.trumem ur �,:.
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<br />�_...��.''� � o,_;y.���v,{S,�, �.�;' Lenderk securiry interes�. Borrower muy curr such A defuul� und reinstMe.us provided in purugraph 18,by cuusing the action a��+�
<br /> ,,,_,_� ' �;:i:��•N,��d � or proceeding to bc dismi.sed with a ruling thut. in Lender's gaxl fuith detenninution,preclude�fortciturc of thc Borniwcr's �
<br /> -�y%�a. ,i:`',�t.: . interert in the Propeny or other mu�criul impairmen� al'the licn rrcutrd hy ihis Scrurity In+trumcnt ur Lcnder's ,ecuriry �,
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<br /> - •' fntereyt. Borrower ,hull alxo bc in defuult if Borr�iwer, during the loun application process, �tuvc muterially ful�e or
<br /> ,'��� , ` '`'"°'�• inaccurute infurmutian or+tulements to Lender(or fuiled�a provide Lendcr wilh any muterinl infarmu�ionl in conneciion with �m'
<br />"�'�`����;;�.,;y�1,:,�,i,,,�.:' the loun rvidcnced by thr Nate, including, but not limited lu. Rpre�entutions conreming Borrowerti occupuncy of the __
<br />°4"—' �.� .�� � . Property ns o principul re.idence. It�hiti��curiry In�trumen� i.�m u icu+rhoiJ,S���ower.hali ccxr.ply uith a!I she prc�i�isions
<br /> of the leuse. If Bartawer ucyuircs fce ti11e to Ihe Pro�xrly.thr leuschold and thc f'ec�iUe shull nol merge unle�s Lender agrees �
<br /> :` "" to thc mergcr in writing. �.
<br /> w � "'• ' " 7, Protectlon of l.ender's Rlphts in Ihe PropeHv. If Borruwcr tuilti �o p�rf�rm the c��venunts und ugreemcnts
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<br /> _� ,;. contnined in �his Security Imtrument, or therc i.r• u IeKul pnkreJing thut muy signifirandy ul'feci Lender; righ�x in the _
<br />�:;_;;. , �'°.1 �� Prapeny(4uch ux a pnxerJin�in buukrup�cy,prof+atr,for rundemnution or fbrfciturc or to enforcc luw,or rcgulutiun,l.thrn
<br /> =t�5 • . l.ender may do and pay for wha�ever i,nrrrs�uq�ti�pro�ect thc valuc of the F'rupeny und LenJcr;rights in 1he Pru�xhy. �.='
<br />��;,. , LenderK uc�ians may inrlude paying:uiy�um,,ccureJ hy a licn ahich hu�prioriry over thi�Securiry In,wment,appeurmu ��,;
<br /> ..;z- ; . in coun.paying rcusarrMc•rttarney.'fe�ti :�nJ rnlering�m the F'mpeny �o mukc rcpair�. Al�huugh Lendcr may wke urtion �_
<br /> - .,�:;�' under thix paragruph?.Lcndcr d�x+not havc to du,n. .
<br /> , � Any amoum+di,buncd by l.cnJ�r undrr thi, purugruph 7 +hull Ixrc�mic uddi�ional dcht uf B�xrower�ecureJ hy Ihi� __
<br /> ' � Sccurity Imtrument. Unlc..B��rcowcr tmd Lend�r agrcr t����thcr�cm�.uf paymrm,thc.c amount.tihall ix�iv inlcrost frrnn Ihr —°
<br /> , „ date of Jisbursement ut thr Notc rutc unJ shull he��uyub le, wit h intcmxt,u��n nu�icr Irum LcnJcr ui B�►rruwcr requc�ting �4-
<br /> �� ° payment.
<br />.•�-:;• .,�= S. Mort�a�e Inqurance. If LenJer rcyuired mnnNa�cc imurtmcc a+ :�ronJiiion of mal.ing Ihr luun +�cured hy �hi+ �_
<br /> -•� ' • :,,,,,,. • Security Ins�rument. Burrawer.rhull puy tlx prcmium+required w muin�ain thc nwngugc imurunce in rffert. If, fi�r any �'•
<br /> .� • :..,° .. .` neu�on. the mongage insurunre roverugr rcyuircJ by l.enikr lap��ti ��r rra�c� to hc in efte�t. Borrnwer �hall puv Ihc �_
<br />`.��;`.`<, pnmiums rcynired to ubwin covrrogc sub,�unti;01�� cyui�•ulcnt tu thc nionga�r in,uranrc pre��iou.ly in clTrrt. at a rrnt �-
<br /> S''�.•" :: , � • sub�luntiully¢yuivalent lo Ihe co�t to Bi�rruwer of�hc nw��tga�!r in,urmire pnvii►usl�• in cl'frrt.from an ahemutr mongage �- -
<br />�..'�-�•� :°'��. ., • , insurer upproveJ hy I..endrr. If xuhtitunlially cyui�•ulcnt mi�rtgagc imurunr�ro�•rragc iti nu�uvailahlc. B��rruwcr xhnll pay tc► J—
<br /> • s ,. LenJ�r rach monlh a wm ryual tu one-twclf�h of thr y�carly nx�ngugc in�ur.mrc premium i+cing paiJ by Borroacr when Ihr ��"`
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<br /> 'y;;:: ,;.• .;�.',M_,�;�; in�urunce roveragc lapxcd or cr•r,cJ io Fx in rffrr�, Lrndcr will arrcpt.u,c anJ rrtain the�c paymenh a,u loti.rr+erve in licu �`_
<br /> �_�.:.h.; :.��,�� � of mortgage inxuronce. Lu,. rcticrve payment� may nu longcr tx reyuircd. +U 1he��ption nt'Lendrr. if murtuagc insur�nrc —
<br />;'ti•,F�;�;< ; ..� . rnver.igc(In the amowu•rnJ li�r ihr ri�x1 Ihat Lcndrr rc uire.l ravided hy:m in�urrr si ru�•cd M•Lendcr u�•rin lxcomrti �°-
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<br /> � '�� ` uvuil•rble and i,nbtuincJ.Born�wrr+hall r:►y Ihc(xrmiunu reyuir�J tu maintnin nwngagr in.ur:inrc in cl'Icrt.ur to pravid�a
<br /> .. . .. ,�F,�k•�� ' k»s reserve.unlil the rryuirenxnt ti�r nu�rtg:►ge in�urancc cnJ.in ucr�xd:mcr��ilh un� wriUrn a�:ircmrnt Iklw�cen Borrowrr
<br /> •.?..:.Y•�'`,f . and Lcndcr or appliruM�lu�v.
<br /> ,' �L';` 9. IncpeCtion. LrnJer or it�agcnl may mal�r rca.un:ihlr entricti �q�nn and in,rertian. ul Ihr f'ru�,cny�. Lrndcr.hall
<br />' �',. . give Borro�ver nMice ut Ihe titne nt�ur��rinr lo:m in.�krliun,�xcif}�ing rea.unahlc�:�u,�•litt Ihr in�perliun.
<br />- • ;,�;.;� 10. ('undemnyfion. 7�he pnxcc�l,�,1 am•:n�arJ��r rl:mn tur�iainurr,.Jirr.•1 nr.um..µienual.in�uiuurtinn u•ith um� ��
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<br /> ,"�!��.• �a�al I.11�•.Nu•:nrv 4 ra�_InC� .
<br /> �:;',ji ;�;�, . n��n�w,�.ui �w.�r.�►,:sn--►n�c�u�.i�n•iisi �.
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