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<br /> . paiods thac t.ender nequices. '17tie;nsurance c�r;er prov;eing tt�e u�snxance sh�tl,bcchascn a�r Aonower suujea w teneer�
<br /> ' �OY�WNCI!SZ1iII IIOI 11E UQICYSOIIBUIY VYl1ItTIGM. If B�fiOWU fR1�S tQ rtRtitif�CQV417$G�C.SCn�iaO�t.t,.ender teay.at
<br /> =x' E.mder�optiat.abtain coverage to pmtact l.ender�tights in Ede in�aocQtdat�with paragtap6 7.
<br /> - - Afl insuraaeapoiicies and reaewals shaU be aoce,ptabte ta Le�andsl�W�ircctadc a stani�d mortgagc ciause. Lendar
<br /> sl�ail I�ve the right to hotd the policies and cercwals. If l.ender zcquuus.Batmwat•shall pmmqly Eive w Lender all toceipt�
<br /> of paid prcmiwns aad ten�wa!�totices. In ttie evrnt of tos�.�ongw�sh�tiigtv,e�;ampt notice to thc�nsur.u�ve curier and
<br /> _-= ----Lender. Lender ma�r_make pcuof of lass if not m�de p�nlnly 6Y:8mm�Kei,. --- —
<br /> • Unlesg Lender aad Borrower al�uw�sc agcer in wridng:i�[sura�p4n000ds�shail6e app{ie�t�restaratiaFnor.�o�--
<br /> - � �PMY�8�if the restaration or�+epair is economirati}±;foasihta�nad:t.euder's sec�uity is not tesserod. [f the.
<br /> - �estoratioa or repair is not ecanomicail9 feasible or I.enders seeurity!;wcneld�bt�tesserx�.the insurance ptac�oeds st�a}l bt
<br /> - - applied to the sums sec�red by this Security Instrumen�wheH�er or;�tot,tl�en�due�.with any excess paid to 8omnwer. If
<br /> -= —; � Boao�ver a6ia�dons the Piopeety.or das nat answer wit6in.30'.daY�a<aatice.from Lender•tliat the insuc�xx carrier[ns
<br />-`� offe�ed to seuk a claim.d�en Lender may coUe�t tue insurance ptaceeds:�,.ixnde►t may.usa the�000eds ta repair or Rstaae
<br /> the propetty or to pay sums secund by this Securiry Instsument�Whsthe�ar�nvt thtn due Tbe 30�day penod will begin when
<br /> the notice is given.
<br /> -� Untess Leader and Harrower othetwise s+gree in wridng,•aay��upplisatidn;of proceeds'to princtipal sha11'not exnead or ----
<br /> - postpo¢e the due date of We munthly gayments refetred to in parug�tp�is�!aad�2 or cir�nge the amow►t uf the paprr�t�_if.
<br /> ��p�g�aph 2} the ptoperty is acqnimd by i:ender.Bocmwers_righUta:any insurance paticies aad pmceeds re�t�ng
<br /> . � from dama�to the Ptuperty prior to the acqaisition sttall pass m•Lende�t ta�thG extent af thc sams secttced by>this Secudry -----
<br />'<.i%�� Insw�ecE imqtediatel�r�t,.-;.rs to the acclnisition . —_-
<br /> -;;+i: b,,,.`�Ps�qa�a��ten�cc and Psotectioa��oi�ithb;.Y�v�ty« Bdimawrer.'s.�.oan��APP�+ ==-
<br /> �rr�' l,e�al�-8q�a�s��ac��;�aC"�'.aa�dse the P1�op4ct}�as�8dc�itir s:�iqcipat i�si�ax�*..�n siutg days afrer - -
<br /> yi�i �` � • :. i,�.,C.']fO�LT�IflCd 0�f.�+S�EC#LI?}��'],4�I1SSl�i 2Ii�5.�3ui��iIC[O �' R .� �1iIi�l�,2� � f0[ ` -._
<br /> �aP4�Y r"!�Barro �;s gazr+ f�sidence at
<br /> ,��;i' � .. '. :.:Ieast.mz�,�ea�r:�a�.,Pe �c��-of.�oc�aa..v;un3°�s fx.�sder�.�v'iss��:agr��:up.ai�ting: wt�r�t:.�ns�,:55a1i IIat be. �,,,�$�
<br /> ,t �Y. ;��.v�eas��r„abTy witItBe�t�i.¢±i".�.�ess exte��ci���n�ia.`iCes e�i�s�rhi�'sce:lity�BOrtntti'er's contcaL'i Bqsscr�er shall not - -
<br /> �,, ,Fr ' ��,.dac+�age or�z��';�per�-y�a�aa�Y�ageity�'to itet�ioiatr��Pr,commit waste on the Prapercg;�.�3onvwer shati _
<br /> ,t,t� `' be'r.�+��a�t if any forfe���ar�ssr.�rric�ding.whether c"stii"l.arciimiaa��is begun that in Lender•s goodt faith judgmait �
<br />, .•.' i ,,i';;" _ . } .; �tht�IiErs�crea[ed b this Securi Insuumeat or rw�'s.+,_'
<br /> '.: 'c.ould cesult in farfeittue of the�Ptoperty or otherwise mateda.l}+imp�ii Y tY�
<br /> . :,:;�..Lender�s secarity m�:•�omawer may e�m�ueh a ckfault anA���istat�a�pSavu�2n�a�g�ph:18.by cawsing the accian �::'z�, �
<br /> ,, ;S�,t� ' ,. � ._.
<br /> Y � - '� ��;�^r.;: or p ro c e e di n g t o 6 e d i s m i s s e d w i t h a m i i n g t h a�i n L e n d e r's g o o d f a i l h!d e t e r m u i a t i a a t:p�c i u d e s f a r f e i t u r e o f ih e Burrowerts f,� '� �-
<br /> � �.: :,�,�• intenest in tl�e Property or ather material impaim�ent�of the lien created;b�;thls:Security lnstiument or l.ender's security ;:.'; :. •''_
<br /> � �� �.�J� ��:..
<br /> ,, � intere.n. Boirower shal! also 6e ia defauit if Barrower. during th2?�Ician�applidatian,Qracess. gave materitdlty fatse or s':`'':.:=;.�-:_
<br /> `- �r' ;':� inaccutate info�mation or statemen�c to Lender(or failed to rovide Lertd�k wilh an material Infotm•rtion)i�connectio�with '� .�, -_' `
<br /> ' rr. .���,.�: � • P � ' �
<br /> ����, ��''� �; • tfie toan evidenced by thc Note. inctuding,but not Iimited to. repreeentatian4 concerain� Bmm�wer's• occupancy of the �.':
<br /> �; -
<br /> �9� ��``� Property as a principai residence. !f this Secunry Instrument iz an a l�as4bo�1d4��urrowec�hall'eampiy with all tht provisians -,'�'':`�{:��
<br /> ��s ,'�`�� oF the tcace. If Borrawer acquirex fee title ta thc Property.the feasehotd atsd th�fi�titic�hall nat mcrge unl��l.endcr ogrees -' :�i,,.-
<br /> ,' �" "`.�:�. to thc merger in writing. �"�� �'-"��
<br /> �'��` ?. Protectbn of Lender's RtgMs in the P�operty. If Burtn►r�r�ad��ta ffamt the coverraaw aad a reemrnts -_=.�`: -
<br /> ;w+�iY�. ;�`�. � . f' pc 8 , .- . : --
<br /> �;'��'�,�.�:- : . ' contained in this Secudty tnstrument.or therc is a legal proceecling�th2t�muy.sign�can�iy affi•,�t Lender's rights ia the '. • �_
<br /> ��:��s'� "Vr�"��`- Prapercy(such as a praceeding in banlccuptcy.probate.far condemnatidn•vr.farfeiture or to e�ri'arce laws or regulatians).ttr.n � _:.-- -
<br /> `•''�:"�� Lender may do and pay for whutever i�:necessary to pratect the val�.�of�the�Prapeny an4l.ertdes's ri�his in the Ptaperty. � ��-T;:
<br /> _�:r;:. , _ .. . :u.=
<br /> :.�4{.•..; I,ender's actions may includa paying any sums secured 1sy u lien witiish:G2s p�iarity over this Security lasmtmen�.appeanng �'� -,,;-
<br /> 1;�5+'� ' in caun.payin�reasonable attomays'fech and entering on the Prapeny+•tn�make re�rairs.Althougfi Lender may take ac�ion . , .:t�=r
<br /> i;•.� . s;' -
<br /> ,:�: . under this paragraph 7.Lender daes not have to do so. .
<br /> �}�..s,.,.1, -:,.: • ' ''' - .,..
<br /> ,,;1:;�'.;:,= �,�: '• My amounts disbarsed tsy Lender under this paragraph,7 shallibecom�additianal debi af Borrower setu[�ed by this - . _
<br /> :,•��,•--. • Securiry Insttumen� Unless 8orrawer and l.ender agree ta othe�terms of-p�ymeaw ihe�e amounu shall 6ear interast from t�CC .:_�_.:
<br /> `�.�;-_��. � date of disbussement at the Note rate and shail be payable,wit6•interast.iupOn notice frrnn Lender ta Borrower requestins . :;�,r_
<br /> '`, ;!,,.���.:;';:.,:,:• •- paymcnt. ` ;�.: . ___
<br /> ��••,'• �:-. � -.�•`�, 8. Mortgage i�rancqe. If[.ender req�s,:�mortgage iasurance•uv a canditiart of maDcing the loan seeuced by ihis .- .
<br /> � �,,,,. . ., ,.::.'u�;. .
<br /> ;.;s `;;i;:";.,,.•:,•_. Secu6ty (nstrumen�8orrower shat�pay ihe prer�iams requue�ta maintain�the rtianga��insuranre in effect lf.for any ��� , .
<br /> � � �n reason. the mortgage in�araace c��veta�e rec;sir:d by l.ertdev lapses or c�ses ta f+e �n effect. Bomswer sha11 pay tha ,�.�
<br /> : �.:;�:� :.;,.',..;�:.., , ..
<br /> �:,� .�;f��:�%4r.i••;,,.:•:,�<�; . premiums required to obtain coveraz� su'�tan;s yly equivalent tb tht�mvttg�g.•insururr;e previausly in effect. at a cost � .•y`.�-_
<br /> ;'���'� � � substantially equiva�sr:�to the cost to Borrorves�.:he mortgage insursusce prevencrsty in effcct,from an attemate mortgage :+ ,.
<br />+ '` :'��:rx'��<,;;�;,��. insurer approved by�nder. If substantiatty cc�v:✓alent martgage in�unutce covc�a�e is not availabte,Borr�u��.r shali pay to ; . . -
<br /> ��'���;;��:'::'-� ' Lender each month a sum equal to cr.ce-twelfth af the yeady mortgage inwurwese ptemium beiag paid by Banawer when the ,` .. ',•.;'`,;i;,';,,�.-
<br /> '�.,c��l .t£'`r�v�;;;,;' , •+ ...
<br /> - . � •���•• � insurance coverage tapsed or ceasee@ ea be in effect. l.ender wi11 accepti.'u�e and retain theu�pa�,�inenxc a�a loss reserve in lieu 4 ;"� �_T
<br /> � °'�t�`�^;': .� of martgage lnsurance. Loss reserve paymcncti may no tanger be rvyuir�d,':u the opiian a5�.ende�,if moAgage insurunce ,'i ' °';'�:�:Y, ;- -
<br /> ' coverage(in the amount and for the periad that C.e::der rcyuirest prnvicl.d by an insurer approved try Lertdrr t+gain becomes ,f`' .-
<br />' '` � - ` ' available and is obtained.Horrawer shall p�y ihe pr�mium�required•tn maintain mort�ge intiufance in effect,or to provide a ; ,
<br />,�. ' loss rexerve,until the requirement for martgage imurance ends in accurdattce cvith any written agrcement between Borrower � ,
<br /> Artd i.ender or applicable I:�w.
<br /> ' • . • 9. inspectbn. Lender or it�agent muy makc rcasanable erttriex upon�fmd inspections af the Prnpeny. Lender sha11 ` •
<br /> � giv�Bonowc►natice at the tlme of or pnor to un insprrtiun sQccifyin�a ra4vunabte cau4c fur thc inspcction. �
<br /> 10. ConQemnaUon. Thu proceedti oi;my t�ward or claim fnr d�inagex,direct ur conscyuential,in conrtectinn with any .
<br />.. � Sln�le F'amtty..Faaale�ltidireQAk Nuc Gti1F(IpN l.VS1'RCNEtiT••l�nitom�l'��venant!� 4/90 rya��r���f/+ruxext ��
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