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<br /> s. eme+�or�h�ere� rn.n�oa Bom�er e�t! iceep tlre �p�aY�cs a�w e�ioE.or 6ere�ft�r«axea ao�re
<br /> �p�Y���°�4�bY�6uar�s iaciuded within tLe uim'extlntle,d eovmtgc'�nd wy ather f�[ds,iuctidii�
<br /> - � Qocds br f�oodioj,for which I�end�er i�nquins iasur�ace,'Ihi�iasanutioe sbalf bc m�intaimd Fn thr'amounts aad for tt�c periods .
<br /> d�t Lender.t�equins•The iasuiar�e carrier pmviding tAe insur�arx shatl be chosea Dy Borrnnwcr subject ta Lender's appraval.
<br /> �s6t1I not be ua�rasonably withhetd. if Bomu�6er faiLs to muntain cove�ag,e descn'6ed above.Leader may.at L�ndePs
<br /> - opaon;o6tvia wversge ta protoct Lsnde�'a rigtiits in thc Propaty w a000n3ance widi paragraph T. --
<br /> A1I,iresuraooe poticies aad ren�wals sin116e aocepta6le.to L�ender and s6a11 include a standard moctgagc clause. I.eodGi �- --
<br /> _ __ . � `s�U 6ave t6e cigiu to 6�Id tl�e poticies and centwaTs.If L�nder rnluims.Borrower sdaU P�Y&Ye to teader aIl reoeipts of �, � _
<br /> - . p���couu��ict�aear�!aatices.�n thc c�ent c�€iass�Bomatver-shall gite proe�rt uMioe w the iawrauce cftttier aAd Lender:. . �-�- -
<br /> -- Leader may mai�e Qcaof of[oss if aot made PromptiY 6y Botrowu. ° �--=--
<br />_ -_ -- Unless Lender aad Bormwer athrRrise agiee in writing.in,wrance pmcetds shal!be apptiod to restoration or repair of the ,� �r�a�-,�rE=�-�==
<br /> - pnupaty d�ntged,if the reamcatioa or repair is aoonomueatly fi�+ib1�aad I�'s secvrity is noE lesseaod.IF the cestocatioa c�r r==_ - _
<br /> _ . _..tepair is not econo�atly feas�l�ie or I.ender's sGcurity.woutd be leascnod,tl�insar�nce proceads.sfiatI be applied to tije su� o___- _
<br /> . sacnnd by this Saariry lastnunea�,wh�ther ar aoi tticn due,with:any e�cess paid to Bormwer. If 8ormwer abanduns tlje �:
<br /> � �'oP�KY.or das•mt answer within 3Q Qays a notica hari I�cMtr that tbt insurance cacrier has offe.cad w settfa a cia�.then �y-�_--_�=—
<br /> �„�a..
<br /> . '' Lt�odcr may collect the insurartcx praoxds. Le�dec.may use the pnaooads w repair or c�are the Property or to pay sums �,:.�-��x,�----.
<br /> -- secur+od 6y tltis Securiry Inshument,w�or unt tAea due_'►1�3Q-ilay period wili begen wf�thc notice is giveur -- ���.='�:-.�
<br /> UWess I.eadcr�nd Bormwer ot�ecwise m writin ,any application of raceods to rinci 1 shall not exteod ar .;`'�`�T�'-�--�=-�_
<br /> �� S Prace.d p pa :-.c--�- ---
<br /> • postponc thc due date of the montbfy paymenu referred to in paragraphs 1 aad 2 or change the amount of tM payments. If .°;:�;�±r:�---_
<br /> . .�� ,. � under patag�apii 21 the pmpctty is acqqired by Lender,Borrower's rigfit to any iasurancc palicies and proceed4 resultiag fmm �s,=,•.:=�`�•
<br /> - �:: j -- �-
<br /> . . damagc to the.�+ape�tg Prior to the acqoisition shalt pass to I.ender ro the extcac af the sum9 sewi�d by this Security L�sarument . -��`` :,
<br /> , <<:- _-
<br />_ _�� IIDIlY�1�L'Iy�LIOC TtS t�BCQUiSitIOD. ` ` -
<br />-.. . `Yx `.�L�y`�4itl0qs�A�HIf11i!AOd PI�EC�QA UL�!P���BOiMrP![�S LOYD A�I�L7N00's IR�OI�4. ..�'.--`�
<br />_� r; Boc�ovrec shaU occupy,establisb.aed use thc P :=�`�; ``.---
<br /> rope�ty as Borroticers�shncipat residence withia sixty days aRer the exerution of .f_•._
<br /> _:�:.'�-:°: -
<br /> ' Wis Sec�rity Iiistrument and shalt continue to oavpy the Prope��.�'s.Borrower's priacipai resideuce for�t least one year after .-�. :---
<br /> i'. � �. .:+�:: tl�e date of occupancy.unles`s I.ender otherwise agrees in writ�r�vhicb consent shall not 6e tmreasonably wiW�etd,or unless � , -p.
<br /> ��_ '`�:;- _ �esteouatiag exist which are 6eyopd Samawer's coaunl. 8orra�ve� shal! not d�stroy, damage or impair the . -_--- �_�'`-`
<br /> _c; �:mn,ndan�c.c • '�.�=
<br /> �- `>i>-:.� .
<br />� " �_ � ' ' Property allow the Property to deteriorate, or commit waste on the Prapeny. Borrower shall be in default if any forfeiture • R-
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<br /> �*'�=�''' �• action or proceoding,whether civ�l or criminal,is begun that in Lender's goad faith judgment could result in forfeiture of the : ��
<br /> ' ' .�1�1:'{�.�.�� .L . ' �'
<br /> • '��,-�::i'i";;;,. Property or atherwise materially impair the lien created by this Security Instrument or Len�der's security inte�st.Borrower may �;�-��'.� � - ��4�.
<br /> r,._. --
<br /> - :�:'�,'-;,� ':-:� � cure s�Ch a default and reinstate.as�}r�vided in pa..-agraPh 18,be causing the actian or praceeding to 6c dismissed wish a suling A-
<br /> '•' � tHat.:�i�ender's good faith deternz"r�aaon.P�:�u'es forf¢iture of the Bocmwer's intcrest in thc Prop�rty or ather saaterial . " �LL-
<br /> F���� � :d unpa�rmene-of the:D�¢.Ereated by this Secorit�g���t or I.endsr's set-�--�interest. Borrower shat[�`so be iu default if , . -
<br /> ; ,.:._ �: . . '•_ go��er.during the toan application process,gaz z�saterially fa{se or ina�ura,�infomiation or statemer:s ti�Lender tor faited • :.�==` _
<br /> �J�^�_. . z
<br />,,' �.•` "�,-A .--- - w pravi�eLender with any material infom�ationt i�co.�:�ection w�the toan evidenced by the Note,inc(u��,bat not lanited : � ^�t;,a;` �� -
<br /> to.repFUCatations wnceming Borrower's accaparzcy af�he Prop�stp ag a principai residence.If this Security Instrume�t is on a �`���.;:�;;
<br />� � ' • • '. teaseho2�, Borrower shafl comply arith all the�nroti��ioas Af th�tease. If Borrower acquims fee titte td the Property,the . - -
<br /> . � ' leasehold and the fee tidc shall not merge unless Y,�,#:r agrees tv ihe merge�.ir�writing. � • ,! �.__
<br /> � 7:P1�otection oi Lender's Righfs la tbe Pro�erty.If Bonower fails ta perform the covenants and agreements cantained in • � '
<br /> . , � this Secusity Instrument,or there is a lega!praeeeding that may�significantly affect LendeF's rights in the Property f�ch as a '
<br /> - , �- . - proeeed�in bankruptey,probate, for cand.°caaation or forfeiture or to enforce laws or re�sslations),then L,ender may c�o and ..
<br /> -- pay far whateYer is necessary to protect the va{te of the Property anQ Lend:r's rights in the Property. Lender's act:a�s may i ' �4-���::
<br /> ' '' • � includc paying any sunLV secured by a lien a�:It has priority over thbs �urity Instrument, appearing in caurt, paying -
<br /> 1:���;�-,,�,�"'L, - reasonable attomeys'fees and entering on thc Pc��i..�rty to makc repairs.A{ihaugh Lender may take action under this paragraph - ; -
<br /> •• .. • 7,Leader daes not have to do so. ' �
<br /> . • , ��f amonnts disbursed by Lender under this paragrap�'� sfiall become additional debt of$onawer secured by this �
<br /> ' .i�,. .. � : Secaeify Tnstrument. Untess Borrower and Lender agree to other terms of payment.thcse amounts shall bear intcrest from the ,� ,
<br /> ''•*° � ' date of disbursement at the Notc rate and shall�payabte. with intcrest, upon noticc fram l.cnder to Borrower rrynesting �
<br /> :>':,�,�_ � payment. .. .::;--��;:�:
<br /> _ �' : � ' , S.Mortgsge I�orance.lf Lendcr required morsgage en�rancc as a candition of making thc loan secured by this Security ♦ ,���-�,,:`
<br /> ' '-"�-•t.;:.� Instrscttent. Borcawet shall pay the premiums required t�c�:.;�aiq thc mangagc insurar�x;in cffcct. li. for any rcason,the ��;<;;,r.-•�
<br /> . . .,ir�T.�;,::: (� rr'_:;�,:>+;
<br /> •. :.•,:: '• . ttat[g�e insutance coveragc rcquuz�d by l.endce taps�s os aa��s to bc in efPcct.Borcower sfirall pay the premiums requitod to '•���".:,
<br /> . � obtain coveragc subsx�ntially equivalcnt m the rna<�z�e insurancc prcviousf�in effcct,at a cast substantially equivatent to the • ..:
<br />, � .' . cost to Horrower a�tt�e mortgage insurancc pre�':jo:fy in cffect. from am a:carnatc mortgagc insurcr approved by Lender. If .
<br /> • � . . � substan�ally cquivulent mangage insurancc covcragc is not ataitable.Borrowcr shall pay to Lender qch month a su^i ec�ual to
<br /> , one-twe�;h of the yearly mortgagc insurance prcmium bciso�t,�a't�by Borrowcr whcn thc insurance covcragc lapsed v:s�sed to '
<br /> ; . . be ia e�€c,�t.Lender will acccpt,usc and retai»thcsc paymcnts a,; a tasv reserve in iicu of martgage iasurancc. �.c�ss tesesve f
<br /> , , � Fann 3028 8180 �
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