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<br /> � .. pw;o��Wac t�eader ncwnes. 71ie it�sunnce c�rrier provia;ng�hc�acurance s6all be c6osen by BoROwer subjece to l.enda� .
<br /> i eader �
<br /> } •app[aval which sbatt mt 6e art�easanably withhefd.-If Barower faits to maintain rnverage desci's6ed above.Lendet may.at` .:
<br /> ; I.ender's optivn.obtain ooverage w protect L�ender's rig6ts ia t8e Ptoperty in accord�nce with paragraply 7. .
<br /> �, Atl+��•�poLcies and renewats s6alt 6e acceptabte to l.endcr and s6a1)inctudc a standa�d martgage ctause. [.a�Qer -
<br /> �'� shall have dfe risht w hotd td�e pslicies and tCnewafs. If Lender ieqnices.Bor�+Rivet sBall promptIy give to Lender all reaipts
<br /> of p�id p�emiums and cenewal notices. In the oveat�►f tass.Aorrovrer s6ai1 give prompc statice to tAe insuru�ce�and � .
<br /> - -- --[,ender,_I.ender may make p�oof af toss if not made Pm►nP�tY 6Y��
<br /> ilnkss I.ender and Hotrower ottkcwise ag�ee in_writing.insurance pro�ads shatt be�a�ppti�t ta resuo�atioit���o€ �:
<br /> Ute ptoperty da�naged,if the cestaation or repair is economic�Uy feasible�nd Leoder's security is not lessened if the
<br /> irstaratiun ur s�epair is not eca�orn[esliy feasible or Lender's sesuritjr woaid 6e hssened,the insurance pmcoeds shaU be
<br /> _ � applie�to the sums sewted by dtis Security Inswmen�,whether ar not titen due.:with any excess paid to&xrowe� If
<br /> - — BonowcT abandorLS the Ptuperty.ar does`not�swer within 30 days a naRioc tcom L.ender thu tl�iasu�aac�e c�rier has
<br />-_- _ offesed to seute u claim.t6en Lxndet may coilect t!��insurance praceeds. i.ea�er may usr the pmoads to iepair or restaie
<br /> `c : tl�Ytaperty ar ro pay swns secured 11y ttus Security Instiument,wi�etlter ar not th�n d� 77�30day peria!wi'Ji bega�when
<br />-� � ��. d�ndise is given- �
<br /> " . Unless L�es and Boirower ath�vise agnee in writing,asiy appHcazion of praceeds to princi�a[si�I aot extend or � _______._�_
<br /> � -.' :,..::'-::::, `�postpax the dr,�:�are,of the manihly�.paymerss refemed ta in pazagraph.���Z ar cbange the amount of the Fayments. If
<br /> ,, � <:�ir�i�r patagrap�:2� the Pmpetcy is:�quu���x�o;�ciwer's•:�at any insvrance polisies and praeeeds-resultin&
<br /> _ � :•:ftvan•daini�����Fmperry p�iais'�tbe a��i�:s3�::•�a.ss t�1.�..yr t�tTie Exseat af the sums seciaed bg tEi[�S�usit� - -_-—
<br /> � 1st�tivaientanr,°>�!5are!ypriar,r,�tt��3cqucs~^ar�: ' ::.'.:: • ., :" . . :: ,
<br /> . _ {,:, (k�p�ffi�,pr�i��h3�!1�� an� Psoiet�x�at a��Nte,Prope�;.Ba�o�er's,Lage A�caGoil; � _-
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<br /> . La5�Ibldg.Hacr�a�i�rs�aItuc:.�'s�.i;e�ab�,�s...�cdi�e�.�p�a��4���ss}�suic�atn's"rde��oeis:,s�ts�'��a'fter --
<br />:,�,<< .' � th�Eic�cutioa o��s SezurGty'��,��=sin7�c�fa!ue�.a occapy tbe�co�iic ss�3airnwer's principat�dsuc�for at . ��-�--
<br /> - , ' 7e�si;'tnte• year.a.ster tise�'.k-�Qccvpacu5: tmiess �:ti�r.otherwise agses uz �g, which consent sba4i'not be ��s}-
<br /> �mor�san�b2y withhetd.or unTecs ext�nuatin circumsra�;eaist whicfi are beyond Bortower's control. Borrowec shall rwr . ?�`� -
<br /> $ �F.��_
<br /> deb-tiay;da�nage or impair the Rt�p�it}r:allow the Property to deteriosate,or commit waste on 11te Ptopecty. 8orrower shall . ��_ti.
<br /> �-__�.�
<br /> • be in defauJi if any forfeitatt actian�or m .whether civil or criminal is ure that in Lende�'s ood faith judgment ,-�-�•_�-
<br /> _ proceed' S • 1�g s �,. -:'_
<br /> _ cauld�resuh in forfeiturc of tha Avpprty or otherwise materially impair the lien created by this Security Instrument or � � � .• ._
<br /> • - 1.ende"r's securIty interest Borrnwrr m�y cure such a default and reinstate.as provided in parasraph 18,by caacing the action , . ��,_,��.--• - -
<br /> � t� � or proeeedieg to be dismissod witlt a iuling tha�in Lcndes's goad faitl�determinadon,pr�ec[udes forfeiture of the Bottower's• �
<br /> .' -��;';."' inurest in the Property or other matorial impaim�ent of the lien created by this Security Inctrument or l.ender ti security t� ��
<br /> -i=,�..'.i inteoe.rL Borrawer shAU atso bu iin�defautt if Borrower.during the loan �pplication process, �ve c�aterialiy fatse or _ ;�
<br /> 'r�^�<t�;���?: . inacesrate infocmation or statement�to L.ender(or faited ta ptavide Lender with any material infortnation)in connectiaa�witb ,��`�- ��..:=�
<br /> . , � the taan evidencecl 6y the Nata. irtaludinF. but nat limeted to. representauons canceming Borrower's accupancy of the • °= ;
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<br /> Prop�rty as a pancipal residenee. IF'this Security lastrument is on a teasehold.8orrower shali comply with all the provisions t''M'
<br /> �' �.---�'~' 'o i t h C k�a s e. I f B a rr o w e r a c y u i r�s f e a t i t l c t o t l�c P ro p e n y.Q�f e a s e h o l d a n d t h e fec title shaU not axr ge uNess Lender•r grees !>:;'�� �. _
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<br /> :' '��= ` • to tt�merger io writing. � ----
<br /> . �„ � f: 7. Protectioo of I.endar'g i�i�h�s in the Property. If Bomawer fsuls to perfotm the covenan�c and agrecments _ . -�
<br /> � ,.
<br />' ` ;�-�,:�.�.;�_.��. c�sntained in this Security in��tncmont.or them is a fegal proceeding that may signiticantly affect Lenders rights in the ;«;;�
<br /> ;�;�f� '�r� PtapCrty(such as a proceeding•m bunkcuptcy.probate.for condemnation or farfeiture ar ta enforce iaws or regWadons�.then ' . .: �•
<br />: • Lcrtder may do and pay for whntav�r.is nececsary to protect the value of thc Property and i.ender:s righxs in the Propesty. c ?Y'`
<br /> ��:' r��.. Lknder's actions may inctude puying�any sums secared by a lien which ha�priority over this Securlty/nctrument.appeatting � �
<br /> ' `�.'�'�:-�` ��° ^ in cow't.paying reasonabte atrocrtayA'fees and entering on the Propeny to make reQairs.Althaugh l.ender may tatcy action ,
<br /> � •'� `° °. • under this paragrapb 7.l..ender does not have to do so. • ' � --
<br /> �_�=,�;'-�:� My amosmts disbursed by 4�..•nder undcr this paragraph 7 shall become additiana!debt of Borrower secured by this ' � ��''
<br /> �'� �;�-.�•�� Security lnsuument. Unless Bomr?�*�r and i.ender agree to other terms af payment.these amounu shali bear interest fram the ;;',"�;; , , r"
<br /> ���i,��''�x;•;;-', dat�af diaburrsement at the Note�+t�te and shall be payabie.with interest,upon no[ice from Lendes to Borrower requeating '• .i;'•:��'•� � ��-
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<br /> � '"`Ph`���{�+''�` 8. Mo r t g a ge Insurene�•I f•l.en der require d maza g:�e insuranc e ac a condirian of makin g the ioan secured b y this � "���':�..""
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<br /> �,;;.,, Security tnsr.vment,Borrower ah�11�pay the premium.g re�u#red ta maintain the mvrtgage insurance in effect. If.for any
<br /> ''�`'•;� � �s`��4 S�:;,';�. teason. the mr;rr a e in.�aranco cavcra e r uired b Lender la ses ar ceases tn be in effect. Borrawer shali a the � . ���'�'' •
<br /> .,ti:y � 8 S �1 Y P P Y €:'.. � .
<br /> �`�• '` ;;��;:�';���'c.�� premiums required to abtain�•:ouerage substantialiy equivalent to�he mortgage insurance previously in effect. at a cost ��°:;`';., .
<br /> substantialiy equivalent to tha•cost to 9orrower of the mongage insurance prev�ousiy in eft'ect,from an attemat�martgage � ->'�'+• ��-�
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<br /> �,,�,`��,�TM�,.��_ .. ,: insurer approved by lxnder.. I��rabstanti311y equivatent��ngage insurance roveragekFnnt avaitable.Barrower s�'S�pay to ;:•,;;,.7, .: u;_
<br /> ;.x6.?�,{: ,;: I' Lender each month n sum equal to ane-twelfth of the yrarly mortgage insurancc prernium being paid by Borro�ef ufien the � � ��r
<br /> ,- " insurance caverege tapxeA ar ceu�.d to be in effect. Lender will accepi.use attd retain these paymeri�.+as a toss r��:ve in lieu _. � :
<br /> . .`� �•� of mortgage insurance. Loss n�crve payment�may no longer be reyuired.at ihe aption of l.ender,if morrgagc insurance � a �
<br /> ��a.•-;.�'.'::;.;ti` : eoverage(in t he amou n t a n d Cd r,�c p e»oct that Lcmder r e quires)provided b y An in�urer u p proved b y Lender aga,�n�ecomes . „
<br /> "�'`'`-"�,'J`'�'- t�vail�ble and is obtained.Bomi:v�r xiwlt pay the premiums required to mainwin moMgage insurance in effec�,ar to��ovide A '
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<br /> "'*' ��"`� � • tass reserve,until ihe rcquit�mpnt for mortgage insurancc endti in accordance with uny written agreement betwee7 Borrower . _
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<br /> %f • and l.ender or applicablv iaw.�•
<br /> �'` ' 9. lnspc�tlon. Lcndot or iGc agent may m�tce reasonablc cnirie.upon and inwpectianx of ihe Property. l.ender shall f
<br /> . . ,. ,.� .
<br /> '`''�'� give Borrower noticc at thn timo�f or prior ta an inxpec�ion sperifying reau+nable c.w�c for the inspection. I:
<br /> .,.:
<br /> • . s� . �, . 10. Condemnatlon.�.The�prc�eeeds of uny s�ward or claim for d.�mage:..dirrct nr conseyuential,in connectlon with any I
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