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<br /> � ��°a �,�j�,'��jj�'� I.DAPV N(�. 1 5�s 2 1 4 h o 3
<br /> ' All Inaurdnce g�allclne and ranewals eflall ba acceptsblo tn Lorxtor and nha8 Inciudo a etenti[ird rnnrt{�n�o clpuse.
<br /> •• I.�nder ehdll have tho rlqi�t to tio�d the pollclee a�d renewals.It l.onder raqulroa,9arrower�I�eil��rarnpt�y pive to Lendor
<br /> eil recelpte o�pe�ki premlume and renow�l nWl�ee.In the event of lose,�orrower ahAll hre p►ompt notice to the �
<br /> . fnaurnca cA�t{s�wRd Lcnr�cr.I.�r�Scr rruay rr�:ke praa!a!laas�nai mad�prcmntly t;y�nrrorlcr. `
<br /> � Unleee Lendar erxl 8orrowar o4herwlee apree In writing,lneurance proceedn ehall be a��lnd ta rest�r4tUtn ar rapaIr °
<br /> � ,�' �7 4{i��PO��iy�1a����or3,it tii3 pc�tartton ar rcpalr la:�artomlcJly 4eae}b!o aRd Lender'a cccurfty la rtot Ieo�crt=d.{P th3 �
<br /> reataretlon ar repelr le not ecunamicaily feaelWe or Ler►dei'e sucurity woutcl be lesaened,tl�e Inaurence proe:�ds ehelf -
<br /> �� be appiled tc�th[�aums socured by thle Sec�irity Instrument,whether or not then due,wflh sny exCeoe pRk!t6 B�atroweP.
<br /> . ..��'�: If 8orrowsr abnntfona the Properiy,or does not snswer v�hhln 30 days�notice tram Lender thut th�(nAUrcanao�arvlc�r -
<br /> � -�+;;� has aNered to eettie a clalrn,then I.�nder may cdlect the insur�nce proceedn.l.ondrir may uae the RroaatxlE�t�repalr
<br /> ��,�,�,,,�. o�restore thA Properiy or to pay sums secured by thla Securiry Inatrumant,whfltiiar or not then duo.Thn 3t1•d�ty perlod
<br /> •�ir�•. . wili bepin when the notice la ghron.
<br /> � Unlesa Lender and BoROw�r otherwlse agree In wrfting,any appticatlon o!pr�caoda t�prinaipal shatl nat extond or -
<br /> � `" � postpone the due date of the morrthlypaymente referred to In para�rnpha 1 anci 2 ar chan��tht�amount of the
<br /> � �` paymenta If undor ps�agraph 21 the Property la acqul�ad by Lender,Borrowar's ripht to any Irtnurance pollcles and
<br /> � , ., ;� procaeds resuiting from dam�pe to the Property prlar tp tl�e acquisitlon shall�sean to LendHr to the ext�nt af the sums
<br /> , . ,�, ��;u�au Gy���ia 8ecu�iiy i�s��urnr�►Inrisdlataly F�ivi i'v ihe acqufsftfan. �
<br />.,Y�E�;::,:�;`��: e.Occup�ncy�P�a�vatton,M�Irrt�n�nce�nd Pratactlon of tha ProRert�j;Borr��rsr's l.dm Appfir.�tlon;
<br /> *;�. '��>'','.'� Lenseholds. Borrower shall oc:cupy,estaMish,snd use the Propemj as Burr�wer's principd rr�slde�ce withln stxty dayo
<br />;�E'-�.;,. . .'':: aftef the executlpn of thls Security Instrument and shtati continue 4o uccupy 4hte Fmperty ac Eurr�wer's principal
<br />,, .,rf;';;f�,,��:.,;,.. . reskiencefor et least one year after the date of occupancy,unless Lender MhsnbtF;e agrsas In x+ritin�,whl�h consent
<br /> sl�ail not be unreasonably wiihhdd,or unless extenua4ing clrcumstartces exlst u+hlrh aro asyo�rtd C�nrnYer's contrd.
<br /> �r:,�;;;.: .. . B���wer shal not destroy,d�mage or tmpAlr the Propa•r�j,allatv�he Property to aEe4ertur�e�3,�commit w��ta on the
<br />°-`+1�'���~' •a P�operry.Ba1�a�+rer ehail be in defauit N���toNekur$��tion ot�,r¢c�2ding,vvhether civU crr r.r`mSnal,lo beg�on that in
<br /> ��� �� Lender's go�gafth Judgment could ress��R in Yu�feft�tre af the Prd�aos�7�r othenNise materf�Sl+i,ar3nlr the Ilen created by _
<br />::;;;�,��?4;;:=� thts Securiiy��as�ment or Lender's secus•tt�Interesi.9orrowar may cure such a default e�rai`natate,as provided in
<br />-:..,�,,�i���: �arragraph 18,by causinp t�+.�s actlon or prt�ceed(ng t0�a dlsmissed wYh a ru�i�r�ihat,In Lender'a good taRh
<br />:;;�t;.;<;ti,,, , e]�Terminatlan,precludes fa�?afture of tho BoROwer's 9ntorest In the Property er��her material Impalrment of tha Ilen -
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<br />_:,,�f�. z. �r�ted bythla Security Instrument or Lender's securtty►interest.Bonower shaff a9sr�be In default if 8orrower,dudng the
<br />- , �, loan appi�at�an procesa,gave materlally false or Ina�curate iniormatian or statemente to L�rsc9�r(or faNed to provkie
<br /> ''".`;_ . :.; Lender w�th�ny materlal info►matlon)In connoction wfth the loan evidenced by the Note,lncfu�rl.ng,but not�Imited to,
<br /> ���y:= :� ra��AUg�ta[7rv�o��rg�!!I���►��xvaPs mncu�ncv af t�o Propertv as a p�inalpal resldonce.M thls Secudty Instwnent is
<br />-="=���i�.�:'� on a�leasehai�,Horrawer s?�all comply wfth a i the p��vlalo�3 ot the lease. If Borrt+wer acqulres fee tftie to 4he Property,
<br /> =��''`� 4ha Ieaseho�d and the foo tfNe shall not merge unless�.onder agrees to the merger In writing.
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<br /> -��� . 7.Prot�4�an of UndK'�Rqhb In ths Propety. Ii Bonow�r fef{s to perform the ca�ceneo�ta and agre�am�nte
<br /> __-��= contained In this Securit�Instnament,or there Is a legal praceeding that may slgn�icaMiy affe�t 1.ender's rtghts In the
<br /> - -,-• = Property(suCh as a proceeding In bankn�ptcy,probate,tor condemnatlon or forteiture or to enforce laws or
<br /> -- repulations),then Lender mnay do and pay for whatever Is necessary to protect the value of the Property and Lerxler's
<br /> ��� ►i�Me in the Property.Lender's actbna may In�lu:e paylnp any sums secured by a Ilen whlch has pNority over this
<br /> - Securky InetrumenQ,uppaaring�n court,paylny reasonable�ttomeys'fees snd erYtedng on the PropeRy to meke
<br /> repalra.Aithouph Ler�der may take actbn under thls paragraph 7,Lender does rtat have to do so.
<br /> My emounte dlsburaed by Lender under thie paragraph 7 shall become addRlonel debt of Borrawer secured by
<br /> ,� this Seaurity Inatrumcin2.Unless 8orrowrer and Lsnder aprea to other terma of payment,theae emotmte shall beer
<br /> IMeroad trom tFie date d disbursemer�et tit�Note rate flnd shefl be payable,with Interest,upon not�e trom l.a�'xler to
<br /> Borrowerre4���9 PeYm�
<br /> !.Morfppa Irwuranc�. It lender raqu(rod mortga�e Insurance as a conclftlon of makanp the loan securad by ihls
<br /> Secu�lty Instnament,Borrowsr shell pny tt►e promiums requtred to matntatn the nwrtga�e Insurance tn efFect.(f.fa eny
<br /> reasw�,the mort�ape Inau�enc�coverege requlred by Lsncler lapaea or ceases to be In effect,Borcower shell pay the
<br /> prem(uma required to obtaln caverage substantially equNalent to the mortgage Insurancepr�ou sly In e�f�ect,at e cost
<br /> _.� sul�►�Ily equivetent to the cwt to Bortower of the mat�age Insurance p►eviously In e�f from Rn altcamate
<br /> mort�efle insurer eppraved by Lender.If substantlally e�quNaleM mortgage Insurance caverage la not avallahle,
<br /> Borrawer ehell peiy to Lender each manth a sum eqtjal to one-twefRh of the yearty mort�e�e insuranca prennlum 6aing
<br /> —�-``-� peld by 8ar�owst whAn the tnsurnnce covorage lepsed or ceaeeci to be In eifect.Le+�der wql eccept�use ar�i�etaln th�sv
<br /> � s aa a loss res�rve In Ileu of inextg�ge Inswance.Loss reserve payments may nv lor►per be raqutred,at the
<br /> - o�d l.ender.If nwrtgage Insurance cave►age(In the artoourn and tor the pedncls tha4 Lender rAqWres)provlded by
<br /> �n aras�rerepproved by Lender ageln b�cort�es avaNable and Is obtalned. Bor�ower shall pny the premlums requked to
<br /> �A�ntatn mortgage tnsurance in eHect,or to provide a loss reserve,uMq the requlrert�n for mortgage Insurance erxls
<br /> _— br�accordance with any written agreemeM between Borrower and I.ender or appl{cable law.
<br /> �. Intp�c4ion. Lender or tts ageM may make reasonabie enMos upon and Inspect{ons of the Proporty+. Londor
<br /> :��� sna�l ghre Borrower nntice at tho time of or prior to Qn inspoctlon spectfying reasnnnble cause for tho Inrp��ilon.
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