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<br /> ��°������ LOAN PVQ. 1 5 3 9 2 1 4 5 0 2
<br /> All Insuranco pollcles�nd roneuals ohalt be scceptable to Londer and�F►�II includo A stctndard moe4p��a claus�.
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<br /> Lendor shell have the rfghY to hold tho pollclas and renEwalo.If l.endor roqutres,9or�owor�hall pramp4ly givo Qo Londcr `
<br /> ail recelpts o!pald premlums and renewal noticos.In the event af loss,9orrowor sh�ll givo prompt nottce to the
<br /> Insur�nco carrlor u►tid Lander.Lender may make proof of loss ff not made promptly by BoROwer.
<br /> " Untoss Lendsr and Bonov�er athe►wise agree!n writin�,Insurance proceeda shall be applled to restoratlon or repaIr
<br /> .,� ot the Properry damaged,ff the eestoratlon or repalr la economlcally feaslble and Lender's securtry Is not lessoned.If the
<br /> restaratlon ar r�palr I�not oconamically feaslble or Lendor's securlty would be lessenod,the insur�tnce proceeds shall
<br /> bt�ap�lieci¢a th�+su�s aecurad by 4hls Securlty InsYrurnci�4,wticth�r or nai than dua,vaith�ny c�:cc:s�:�!d to Hanower.
<br /> ..�a, If Borrower a4�a.nclons the Propert�,ar does not answer within 30 days a notice from Lander that ths i��ur�ance carrfor
<br /> ha5 offored��a sa4t)a ta cfalm,th�n Lender may colloct the insu�rtce prviceeds.Lendor may use the p7�e�r3s to repair
<br /> ;:��-��F,� ar rssiara th�Proporty or to pay sums secured by thla Security Instrum�nt.�vhather or n�4 4 hon dbra.7 ho 3 0�iay�ar i c�d
<br />,>�t,�;r'r������f wlll bogin when t�o natice la APven. ;
<br /> °�-�-'; •-„`,��r: UNess ILenclor and B�nTr�tivAr ot�notwlse agrAa in writing,any ap�licutlon�r prQ�o�ds to principal s9�a11 not extend or i, .
<br /> ',...�"�'.;'rs..'��'�;�.
<br />-• , '. �;, postPonv th�dua dato oi Y6�o►mon?!hiN p,�yments rdi�rted to In paragraphs 1 Artd 2 or change tho amauM of the �.��
<br /> �; a payment�. If under pa�xgraph 21 tho Pr�perty Is acqulred by Lender,Borrower's right to any insurance pollcles snd ���
<br /> proceeds ras�ittng fram damage to the PropeRy prior to the acquis(tlon shall pass to Lender to the extent of the sums �_-=
<br /> secured by thla Secu►iry Instrun�ent Immedlately prlor to the acqulaftlon. ��;'
<br /> '' e,C3caup�ncy,Preserwtian�MdntenMnc�pnd Protsatlon of th�P�op�rty;Borrow�r'�Lwn Appll�tlon; _-_
<br /> ,"• , LMNho{d�. Bonower shail occupy,establiah,and use the Pruperty as Barro��►er's princlpal rasfdence wfthln ebcty days -
<br /> , � after the executlon of this Secu►ity Instn�ment and ehall continue to occupy the Property as Borrower's principat
<br /> ���� realdence(or et least one ysar after the data of a:ouE►enay,unlesa Lender othetwlse aprees In writlnp,whlah consent
<br /> , ;� ehall not be unreasonably wtthheld,or unt�se eMenuating clrcumsta�tces exlat which are beyand Borrt�w�r'a cc�itfd. f
<br /> Borrower ehell iwt destroy,dama�e or Impedr the Property,ellaw 4he Rroperh►to deterk►rete,or commk waste on the
<br /> Praperty.Borrowar shall be in detault H any forfelture actton or proceeding,whether clvll or crimtnei,I�begun that In __
<br /> Lender'8 yaod tafth Judgmant could result In totiefture of the Property or otherwlse materl�lly Imp�lr the Ilen created by —
<br /> �'� '"� this 8ecurity In9trumaM or Lender's security Interest.Borrower may cure such a defeult and relnstate,ea provfded In
<br /> . •:;' parayraph 10,by causing the actlon or proceeding to tze dl�mlased wfth a�uling thAt,in l.encier's good fafth =.-
<br />' :"'!::'�:-:� : determtnatbn,praciudea forfeiture of the Bono�wer's Interest In t he Property or o t her ma te r i a l Impa trmen t o f t h e I l n n ---
<br /> �^;.}._,��`` created by this Socurfty Instrument or Lender's�ecurity Interest.eorcmvuer shall also bo In de�tault If Borrower,du►ing the _
<br /> loan appllcatbn process,gave materially false or inaccurate Information or statements to Lender(or faNeti ta provide
<br />,;t;r�,x;. Lender with�ny materlal tMormation)In connection with the loan evidenced by the Note,Including,but not Ilmfted to,
<br />-�="f+��` �epresentatlons conceming Borcower's accupancy of the Property ss a p�ie�cipal residence.If thls Secu�ity Instrumertt Is
<br /> _;��;:�.s° , on a leasehold,BoROwer shall ccxmpty wfth all the provlstons a�f s�e lease. If Borrower�cquires tee tlde tu the Pm�rcrey,
<br /> - � " it�l�sohClB�s�:�'!w*.K��r.��°'•�t�Q.�°-'���,laa.a�a�sriAr aareas to t6eo ra�argor In wrfiln�.
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<br /> }�;�s�� 7,Pro4ection of�.�ender's RIgM�tn thA Prop�rty. If Borrower faNs e�+�er�exm tha cavenants un�Eqreements -_
<br /> �`�., ,+,� contalnod In thls Securtty Instrurr�n4,or there Is a logal praceeding that r�ay signHicantiy atfect Lenol�r's ripMa In the =
<br /> � ' +� � v Property(such as a praceeding In banktuptcy,probata,for condemnatlan�r fo►feit�re rar to enforce[aws or
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<br /> regutatbns),then Lender may do and pay for whatever Is necessary to protect the v�;•�.o:of the Prapsrty and L�nder's
<br /> :==_`���;� tights In the Propetty.Lender's aotlons may Includ�paying any sums sectar�cl by a Ilen which has prloritY over this
<br /> °`� Secu�ity Instrument,appearing In court,paying reasonable attomeys'teea�nd eMerinfl on the Propetsy Eo make
<br /> �-�_ repalrs.Although Lender may tako actlon under this paragraph 7,Lender does not have to de so.
<br /> --;:��� Any amounis disbursed by Lender under thls paragraph 7 sF�ll faecome nddftlor�!�eM of Borrawer securod b�
<br /> - thls 3ecurtty Instrument.Unless Bonawer end Lender agree to other terms of payment,4hese amounts Qhall boar
<br />-�='���__��� Inierast ftom the date of disburse�ern at the Note rate end sha11`ba�aay�hte,with interost,upon notice fram Lendur tcr
<br /> �orrower requesting liaYn►ent.
<br /> � e.N9ortgaq�In�urenc�. It Lender requlred mortga�e Insurance ea a condition of mak(np ti�e loen secured by thla
<br /> - Security InstrumeM.�6orrower sha11 psy the premlums requlred to malntaln ti�a mortgage Insuranco En effect.If,for any
<br /> ------r:-� reaeon,the mortgage Inaurance ooverage required by Lender lapses or caases to bo In effect,8orrower shall pay the --
<br /> --- "'��� premlums required td obSaln coveTac�e substantlally equh►alent tv the mortgeg9 insurancer prevlously In effect,at a aost _
<br /> substsr�tlall,y equNatont to the cost to Borrower of the mortgaga lnsunnce prevlously In effeci,from an attemate
<br /> -- mortgage tnaurer approved by Lender.If sut�stamEaliy equivateM mortgage Insurance coverage Is not avaltable,
<br /> __- BorrowAr ahall gay ta Lender each month a sum equa!to one-twelith ot the yeady mortgage Insurance premlum being
<br /> pald by Banower when the Insurance coverage iapsed or ceased to be In eNect.Lender wlll accept,use and retain these
<br /> __-�._ paymeMs as a loss reserve fn Ilsu of mortgage Insurance.Loss reserve payments may no longer be requlred,at ttie __
<br /> option ot Lender,if mortgage Insurance coverage(in the amount and for the periods g�nt Lender requlres)proM1�Gc�ri k�y
<br />___—_—_— an insurer approvod by Lender agaln becomes avallable and lo obtairoed. Borrc�wer shall pay the prem!ums required to
<br /> malr�taln mortgage insurance In effect,or to provide n losa ressrve,unt�QP�e requirarnent tor mortgage Insuranco ends _
<br /> — (n accnrdance with any written agreement between Borrower snd LerxDs�or ag�p11c�3�e law. -
<br /> -�:1,� 9. Ins�ction. Lamctor or Its agent may make reasos�abte eMrtes u}x�n and Ins ectlons of tNe Prope�ty. Lender
<br /> _ � __ shail give Borrawer notice at the time of or Nrlor to an Inspec2lon speclfying reasoraa�le cause tor the Inspectlon. __
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