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<br /> " ' . a. �.�rr.�erey r�a�i� 6orrnrver sLd! iceep tha improvom�ts eo.r,e�istin�oc Ikra�fter eroAea c.tbe .
<br /> — p�np�t�ia�um�spim[.loss tsY'fite.b�ds iecluded within she tam•extended covcra�e'aaa any otLer Nusrds,inctudie�
<br /> � !loads or tloodibB.for w'hicb I.ender naNi�es��u*anoe-'Ihis insur�nce ahai!bc mtintaia�d ie the arn�un�s and fnr th�paiods
<br /> .1�ut I.ea�r tequina.lLe iet�t�ance puriet ptonidins tlrc insutancY sbail bc choseo by�onawu suDject to Leadet's apptovsl ,
<br /> � *rhich s[nil not be ueteiscxnbh►withbeld. 7FBoROVrer faits W anint�ie oovera�.descdbed aDovc, t.ender rt�}.At Lcnder's
<br /> -q�tion.obWn cover�e:to pc�toct Lender's righct ia the Ptdpecty in aocord�nce with puagr�ph 7.
<br /> - All iasnnnae policies aed ra�t�Y��ail be aooeptabk to LeMer and shsU Includa a s�ndird mortg�ge ctaiue..l.esder..
<br /> _ � �li_ln�re the�ht to IwW ttte poticie,s aud mrwsls.If l.snder tequim.�.BOES'QV�lT ShAII�1Nl�Y F�tYC Ifl LNUItf AII CCCC�j1�S Qf.}',
<br /> -- -- - p�id.p�emio��nd renewa!naica.TtIie exea[o-f.ta�:8armvversbatt givcprampe noEicetv the ii►surrnce carrier asd t�endes : __
<br /> l�ade�mry m�he proof of toss if not m�de pmnopHY by Aomswer. .
<br /> unk�Lsnder�od go�roWer otl�ervrise agree in writing,insun�c proceod�shA116e appliod to nstoration or rep�ir of tfie
<br /> , pmp�enY da��od•if ehe�ion or npair is eoononucalty feui6k�td l�det's savrity is not fessaKd.lf the restatatioo or� .�
<br />-_ - - i�ir is not aoonontically fe�ble oc Ia:nder's security wauld 6e ksseued.the insurutce proceed9 sl�ll be apptiod co thc sws�.
<br /> _ — se�vrod 6y this Savrity lnsttumtot. wl�t6er ur twt tba�-due, widt aqy exaess paid.to Bormvrer. If 8orrawer ab�ndans ifie ,
<br /> PiopeRy.or does rat aaswer within 30 days a oatice fmm isader that t!u insur�nce cusier l�s offet+�i to settte a clai�n,t6an:,
<br /> - l�eader�rny eoltect tbe ir�wranoe pmcaQs. Lendes m�►y use t6e procoods to�pair or nstore the Propeccy oK to gay.sums
<br /> - teatced by tl�is Securlty Insttutnent.whetlKr or aot tl�en due.The 3Q-day pettad wilt begin wMn the aatice is given. ---
<br /> tJnless I.ender and Borrower etbecvvise agcoe in writing,any appticati+an of procxeds to principat sh�li not extend ar.:
<br />- poat�one the due d�te of.the,monthlY p�yments refsrrod w in puagr�phs 1 and 2 or change the amount af tUe payments. If� —
<br /> andes�6 21 the Prope�ty is acqvtned,by Lender.8ormwer's right w any insurance pQlicies and praceeds resulting fmm:, : �_
<br />�' s damage w tbe�y prior to t6e acquisifian st�sl!p�ss w E.cader W tiu extent o�tbe amns secured try this Sacurity Ias�ument., --__
<br />�,;� _ �Ype�c.���stio�,�asd i4otedirao[tie R+�e+rt�;Bori+o�rer's I.ws Appli�tio�:Le�seMoids:., - ----
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<br /> :::i � < gacnw�r shall oco�py,sst�btists:�d use ttye�+�eKjr as So�vrer s;�iEi�pd9 residence wit�ia su��s;�af�c ttse e��ion Q�;�;.;' _:.
<br />:�:.,, . . __.
<br />- - - i6is S�brity Iasamnent aad s[sa���ti�i�'�o ae�pg tBe,�'a5 H�'rro�vu's priacipai:izsi.Geace'�o{aa.i"ea��az�,a�r after.:° ��__._._
<br /> ' �` ��
<br /> ' a��v�s,�vhich canseat shal�n6t be unxeasanabT3r v�r '` �oq unless ��- -�-�-
<br /> . • t�c�of occugaocy,unIess 1L�n3�.b�eis�+rse`g�es . . -•_ _
<br /> `• ' y,��,, or�it t11C; , i€#a;_�
<br /> ..,..t�t�;fatiag �aasi�,w�i��a:ti��re'���is+er?s'�Fantrol...Bomnwer.sDall.uat destia s:h„�: -
<br /> , ���: '' `:,, . "pr�ity altow ttie� ta c�t�inra�,ar••camiriiit a�on�&e YmPectY.Borrower sha1C be in default i�a��.`�eituse ,: .. ,;�� �E� kt_
<br /> :c.. ' �3 _
<br /> 'i- �,�� ��4 ax procad'mg,vvT�as�i us�ximi�;-is��a��''S goo�faith judgment cautd result in fosfe3�z af�he �..:
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<br /> Proa3ty ar otheraise materiaY�j�air the lien created isy€�.:�Seiasrity IaStniment or i�ender's seeurity interest.Hon�wes�nay-: ' �,, :
<br /> iaY
<br /> ' .;: �. eace such a def�ult And refinstate,as provided in P�Sr+Ph I�3�bY c�using t6e aepon or proceoding to be dismissed witEs a n�tin�. :';'`,k�.--
<br />' h. � ' t6at,in l�etsder's good faitt�determination, preclud�s forfeiture of tht Borrower's inteces! in the Property or ather macerial� �=---
<br /> �=
<br /> ` impaim�eat of the lien created by this Socurity Instrument or Lender's security inte�e.ct. Borrovirer shall alsa ba in default if� -- ___-
<br /> . �:r Borrower,'during the laan applicacion process,gave materially false or inacc.unte infom�ation or staterttenGs to l.ender(or failad -�'�=�'r-=
<br /> �:-�_
<br /> • _ to provide i�ender with any nr+terial infocmation)in connectian with the loan evidenced by t6e Natc.iacluding,but nat limitcd <� �--;._
<br /> �: K to,representations conceming Borrower's occupancy oi the Praperty as a priaciput t�side�ca.If this Secnrity lnstntmetit is on a : �,r;': :
<br /> N�.�; .. �:-`.. - ac�N P� Y �.�°�.�-- -
<br /> feasehold. Borrawer shall comply with all the provisions of 1he lc�se. If BoRawar irc.w fcc Ntte ta the Prt� rt . thc�, , _
<br /> �";;-;-�; •;_ teasehold and the fee tltic shall not mergc unlcss Lec�der agrees to thc mcrgcr in wdting. ..,
<br /> ,�:��,='...a 7.pnotatloa ot l,ender's Rights In the Propecty.lf Borrowcr fails to perfarn�thc cavcnantti and agreements cantainc!d in�� .. : . .
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<br /> - this Securiry lnst�ument.or there is a legal procecding that may sig,nifccanUy affecl l.ende�'s rights in tt�e Praperty(such as a. • . ,
<br /> • .;_,„-��;.,�� proasding in bankcuptcy,probatc. for candamnation ar forfciture ar ta enforcc laws or regulations),then Lcnder m�y da And•�•.
<br /> ;�„�y�`_ pay fos whatever is necessary to protect the value of the PropcAy and l.endcr's rights in thc Property. Lender's actians may:�, __.
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<br /> y...�: ' ine t u d e paying any sums se,cuur e d by a l i e n w h i c h h a s p r i o ri t y o v e r t h i 9 S e c u r i t y I n s t r u m e n t. a p p e a ri n g i n c o u n, p�yin g��
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<br /> ' %+�����'% reasonable attomeys'fee.s and entering on the Propeity ta make repairs.Althaugh I.ender mAy takc action under this paragraph��s ��.
<br /> ��i,y: a'i.�:i':. ',' r �
<br /> 7.Lender does not have to do sa. � i ,
<br /> :°',��;�' . _� � Any amotmts disbursed by Lcnder under this pz�raph 7 shall berNmo additional debt af Banower secured by thi�� �• .
<br /> �;.�',-��``�`.� Secttrity lnstrumi.mt. Uniess BoROwer and l.en�er aeree tbother tetms of payment,thesc amounts shall6ear mterest fram th�� .
<br /> � s.r n_.
<br /> f-.Y,;�„ ctafe of disbursemt�t at the Note rate and st�:ril be pa��a�1e, with intcrest, upon notice from l.cnder to 9orrower requ�tins� .
<br /> . . • yayrtient. ,, _.
<br /> � - • 8.Mort�e i�nae.IIf l.ender reqaired moregage insurance as a eondition of making the loan secur0d by this Securin���,•. ' �, ;�.. :.'�
<br /> "•�= '""�:�'�' � Instrument, Borrower shall pay.the premiums requiced tamaintain thc mnrtguge 3nsurance in effect. If, for any �e�son.,thu�• E .
<br /> ���� � ' .
<br /> mortgage insurarw�sovcrage required by Lender lapses ar ceascs to be in effet�.Banowcr shall pay the premiums�equired tot•: f ,`
<br /> �'t:s''�'" abtain coverage subs[antially equivalent tv ths tnartgage insurance�rev�e�s�ty in effect.at a cast�ubstantially equiva:ent to thu, �.• �
<br /> �,;,'..s,��....
<br /> . ' .'.' ' cost to Honower of thc mortgagc finsurance previousty ia effect, fram�.altcmato maRSagc insurrr appravec!(sy,I.endet-�If�
<br /> � � substantially equivalent mortgage insurance covcrage is n�a a�aitable.Bonower shall pay u�Lender cach mon:h�furn cqual to � � •
<br /> � �� � one•iwelfth of the yeatly martgage insurance premium bei:�paid by Borrower when tho insurancc coverage ta�sr.�or ce�ased ta I .
<br /> .'�_• -- • .. be ln effect. Lcnder will accept.usc and retain thosc paymen�c as a tnss rescrn in lieu of m�Rgaga insurance. tass rexerve��
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