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<br /> � ,p�s tWt Leeaer requi�es. 'l1�e ii�aooe cmier poviding tlfe ias�uaooe s1�U be�6osee by e«iower subjocc to i.eedaSs -
<br /> `. = apptavat wh�h sWtl aot be utQe�an�biy witNuiQ. I€Barower.t�ils to m�intain oa�rsrage,described aDovG l�ender may.at
<br /> t.eoderk option,o6tain oove�age w prote�K Lender,'s rights ia the PmpeRy iu acco�d�noe wid�parl�graph 7.� `
<br /> ' �AIi ia�ancc poLcies and reaewaLs�halllx 8cceptable m Lrn+ler ard shall inc�ude a stud�rd mort&�8�ciwse. Lender ,
<br /> still Ifave tha rig��tto tald tbe poticies aad renewals. Tf I.ader cequires.Boaowet shall P�1�Y 8►ve to Lender all eaceipt�
<br /> � of p�id pcaaiuins�nd�encwal noaces- In tbe evrnt of loss.Barowa shail give Qrompt notice to the insu�aact curier�rtd
<br /> � Lcnder.I�eader a�Y�P�of loss if na m�de PmmPtly 6y$o�iawer. _
<br /> -- - � =�Ia{�,Itader aod�cowee.ahetwiss agnx ia writing.insurrnce pmceeds shati be applied co�taatiar or repair oF
<br /> -- tt�e ptvpe�tY.dsrt�ged,if ihe restq�atia�a�epair ts ecoiwmiqUy feasibk and-Gr�dtr�s�svrit�zs t�ot�es��f`d� , _ -.�
<br /> iestaation or�ir is noc econamicatiy feas�k a i.ender'�s�urit�!waild be lessened.d�c iRSUrance poa�eds shail be .
<br /> applied to the sums saured by this S�urity InsavmenE.whetikt or tJot ihert due.with any raccess paid tb Bonower. If
<br /> BoROwer ab�ida�ns the Prapetty.or das not answer within 30 days a notice fiom Lender tbat the insuru�ce�arrier has ,
<br /> offaed to sepie a ciaim,ttren I.�ndet may oollect the inauanx proceeds..Lender may t�se�p�vcads m repair ar�estae
<br /> � tAe Pra�perty a to poy sums socured by thi�Secwity�meat,w6ether or not then due. 71x-34day prnad an'!t begirt when -
<br /> . the aaRice is givea.
<br /> Unkss Lender aad Bara�ver dheri'r'ise agKe in writing,aay application.of prooeeds to principal shall aot aetend or
<br /> " PostPone the due date of thc�aonthly paynxnts referred w in pa�sigraphs 1 a�d 2 oc change�he amount af tbe payments. If
<br />= onder patag� 21 tbe Ptaperty is acqttind bY I.ende►,Bomnwet's rigijt W any iastttance policies and ptocads�wl�ng
<br />_' from damage to the Pmperty prioc to We aaryisitioa shall pacs[u Lender to the exuat Qf t6e sums socured,by this,SecuritY
<br />.�s V - tnst�ament immcdiatety pcioc.to the aoquisitian. • -
<br />;_:µ ' 6r Uenps�c� Preservation, Maieteaaoce aad.Piratatioa of tba Propert7+ Bor�o�eer's I.�n Applicatlon;
<br />-- I.easerold�. Brnmwer s6a11 occupy.est�t►lish.and use the ProptaY as$omawer's gci�rcipal resideace within sixty days after
<br /> __ tbc aaxutioo of this Socurity lasawnent and shaU cattinue t�occupy the Pi�operty ac Borma-er�prineipai nsidence foc u
<br /> kast_onc;yeu aRer d� date of occupancy,.unless I.cnder otherwise agrees in v�t�iting, which consrnt saaU not 6e
<br />-_.�; .. unneasaoaMp withhtld..or�ntess exta�uating c�nvm.stanaes e�rist which ara beyond�qrrowes's control. BocroRrer shaU not
<br /> _ destioY.8ueage a tmR��4�Y•allow the Piope�cy to deteriorate.ar commi�vca'sie an[he Ptoperty:.Bo�aw�er shall ,
<br /> be in defsult�any fixk�tuie actiat oc prooeeding,w�STiec ci+n'l.or crimin�l,is ixgc�i thai ia Leitder's b*aod fa�i�gmem
<br /> could nsutt.i��4rfeiture of the ProperoF.:ar otherwi�ae materiaIIv �rait t6e lieq cieated by ttsss Security Ir.sxinnent or
<br /> l.ender's secucity incerat Bor:ower may cune such a defaultand reia.��as provided in paragira�i&by ca�g the acpon - ----
<br />- - �- or p�ngta,be dismiss�!with a mling that,in Leu�er's gooa f�dete�:�tudes fozfeiture of.d��arrower s. -----_-__
<br /> - . interest in the Peaperty or�t�xr ma[erial�mpairmen►of the lien eceated by t�is.5s�nrity lnstrument or E.e�ec's securiry �__.__-
<br />�. ` � interest. Borrower shall alw be in default if Borrower, during the.,ioan application process, gave mate�ialiji fatse or • _
<br /> inaccurate info�matiog ot sta�ements to L.ender t�failed.tu pnnvide•�.r with any maEerial infmmation?ir►ca�ection wttt�..
<br /> : � the toan evidenced 6y the Note. including. but not limited to,re�ntations conceming Bamwer's occupancy af the , _ __
<br /> ;� prapetty as a p�incipal residence. If this Security Instsuritent is oa a 4ea.�ehold,Borrower st�all comgFy with all the pravisians �,.�-�__�._
<br />= of the kase.'If Barower acquires fee titte to the Propea'tg.tt�e ie.as�a9�aad t1�e fee title sha11 twt merge wstess L.enckr agnes
<br /> � ' to the merger in writmg. ` �
<br /> 'k` ?. }*rvtection at l.ender's Rights ia fhe Property. If Ba^�awet faiTs to perfortn tlte cotenants an��greements �=:'
<br />- ;, - confainest �itris Security Instrument, or there is s►legal procce�.�Wat may signtficantly affect t�dea's,.ri¢�hts in the — _
<br /> ��;f. � � Ptoperty(s�as a.procetding i�bankaptcy.probate.for condemnar'on or forfeiture os to enforce laR•s ai r�!ations).then ��.��
<br /> r ` F ender may do and pay far whatever is necessary to protect the�alue of the Propeity and�.ender°s rig-'Sts�s�e Propetty �,_�;�,:_
<br /> - �` � E.ender's actions may inclade paying any sums secured by a lien which has priority over this Security Instecmer.�appearing :=�;>� •-
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<br /> �" in caurt.paying reasonable attomeys'fees and e�tering on the Pmperty to maice repairs.Althaugh Lender ma�*atce action �:'�"-".''�::: '
<br /> • - under this pazagraph?.L.ender dces not have ta da so. • _
<br /> � Any amounts dtsbu�ed by l.ender under this parugtaph 7 shall become additional debt of�orrower secwed by this =
<br /> ' Security Inst�ument. Unless Barower and Lender agee to ather term.c of paymenG these amott�is sEaif E�ear inten�t from the: _
<br /> date of disbu�ement at the Nae rate and shAll be payable,with interesl.upon notice fram Lea���o Harower requesting, , -
<br /> = �, payment. � � ` ' _
<br /> •• '�� 8. Mortg,��e Insaraaca if l.ender required mc�tsage insurance as a conditian of making tlte laan se:uted by this• - -. -_
<br /> Securiry In�crument,Borrower shal!pay the premium5 requ�red.co maintain the mortgage insurance In effect.�If.for any�, ,.�..T_
<br /> ' • �� reason, the m�rtgage insurance coverage reyuired by Lender lapses ar¢eases to be in effect; Boaower shall pay the,. . ,
<br /> :�•� premiums nquired to obtain coverage substanfially equivalent to the mongage in�urance previoasly in effect,�at a cost •_
<br /> • ' �. substantially equivalent tv the cos[to Horrower of the mattgase insurance previously in effect,from an altematc mortgage • • - -_
<br />_ . _ insurer appraved by Lender. If substantiaQy equivalent mortgage insumnce coverage�s not available.Borrower shal!pay to • -
<br /> • � Ltnder each month a sum equal so one-twelfth af the ycarly mangage insurance premium being paid by Borrower when tJte - � --.
<br /> �:, insurance coverage lapsed ar ceased ta be in effect. l.ender will accepb use and retain these paymenu as a loss resenre in lieu . _
<br /> . �:;'. , of mortgage insura�tce. L.oss te.r•erve payments may no longer be rcyuired.at the option of l.ender,if rt►ortgage ins�rance =
<br />' -n�ti coverage(in the amaunl and far the penod that Lcnder tequire4)pravided by An insurer approved by Lender again becomes . � � .
<br />: .' �'�� �vaitable and is obtalned.Barrower chall pay the premiumc reyuired to muintain mongage insurance in effec�.or to provide a .
<br /> ,���� • toss reservo,until the rcguireme�t for mongage insuraace ends iq accardanrc witb any wntten agreement betw�n Barrower • .
<br /> „-;, . , And Lender ar applica6la law.
<br /> ?- • 9. insptetbn. Lender or its s�gcm may make rcasonabte entrics upm nnd inspectiuns of the Property. l.ender shall
<br /> >;�. �ive Hoaower notice at the tlmo of ar pdor to an inspec�ivn speciiying reasonable cause far the incpection. .
<br /> ' - ''�'M��°�� 10. CondemnaHan. 'I1te pracecds af any award or claim for dumagey.direC�ar cansequential,in connection with uny
<br /> ' • , `'��:�, Single Pemily•.�aeek btae/FreQdk�tac L'�iIYOAN W!iTR1:NE�T••ltnifarmCmcn:mt. 9N9 Iyn�e3njb�Re�►
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<br /> � 'a�' `*� - � rrea�etee en,meas vam.�nc.•
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