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<br /> < ,periods d�ae Lender rcquines. '�e insuran�x c�rier prQViding�he insurbnoe shall be cliosen by B�xmwec subject tn�.ende;�s
<br /> . , a�xovai w6kh s6a11 not be un�asonably aritht�eld. If Boaower fails w main4tin coverage descri'6cd above.t:a�der hfay.at .
<br /> Lender�aptioa.olxai�n coverage to protect Laider's rigfits ia the Pmperty in accocdancr�vith�P�B�'%��•
<br /> Att iasurauce policies and ceiuwats shall be acceptable to Lender and shall ueciude a standaid mortgago ctause. l.eeder
<br /> — . . �6aIl have ibe right to hoId the policies and renewats. If Ixnder t+equires,Bomnwer sha�i pmmpdy give to Lender all t�eoeipts.
<br /> of paid premiums and n�ewal natices. In the avent of loss,Bo�rower sErall give pcompt notice ta the ins�uance c�iet and•
<br /> Lender.Lender taay make pioof of loss if not made pmmpdY by Barrower.
<br /> ____Y_-_---� � Unles�l.ender aud Boaownr.ad�wise agree in writiug.ius�rraaee procceds.shatt 6e applied to restoration or:epair of � _ —.
<br /> — the Ptopeny.dazaaged,.if the testoration or repair�s ecenomicalIy feasible,and Lender�secarity is not lessened ff the ,
<br /> restoration or repair is not economically_feasible or l�der's security woutc!be tEssec�ed.the�*+��+��+�'°p�nceeds sha11 be
<br /> ---- � appred to the sums secured by Wis Securiry Insirument,whether ar not then dne.witti any exoess paid to Borrower. If ,
<br />_ $ormwer abandons the P[opeity,or dces aot aaswec wishin 3U days a notioe frQm Lendei:�ftat.the insurertce carrisr has . —
<br /> - - offered to senle a claim,then Lender may r.ollect the insurance prtueeds. .i,esedes:may,��gsoo�e3s to�epair or�uote
<br /> - tbe Property or tc►pay swns secured by this Sec�uity Iastrumcnt,whetheroru�tt�ea d� 'tgte 3t�day periad w�t begin w�s —
<br /> , ' . the nonice is given. . .: . � �..., •.. ;.. ,;, - �
<br /> Unless Lender and�Sorrowe��theiwise agFee in writing,any applicatia�af pia�eds to�prss�cipaf shal$not e�or.
<br />' �" postyone the due date of the monthly payments referred w in paragraphs 1 and 2 or cliac�e�te aino�nt o�t6e payr�nss- �f< , --
<br /> uader paragreph 21 the Pmperty is acqaired by Lender.Borrower�right to any�ce�n�cies and pi�teeds�suitutg ; , _ _-- -
<br /> =�; from darnag$to the Propecty prio:to tpe acquisition sball pass to l.ender[a the eactert of the sums secured by this S�t}r �_`_�T,�
<br /> Insmiment immediately prior to the acqaisitiaa. ` =-==_-
<br /> �` 6. Occup�nc9, Preservatjoa. Mainite�aace and Protection at the Proper[y. Borrt►vrer's La�n APP�+ ��='_�--
<br /> �"��� Lea�d�oids. Borrawer shall esqblisik aud use the as Borrowec's rinci residence within sixty da afier .�.�.
<br /> � accupy. �'mp� P P� Y5 �•�--__
<br /> � �:. ` � dte�ezee�ition of this Securiry�nstnsment and shall continue to nccupy the Pto�etty as Borrowec's principal msidence fur at �. _
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<br /> r;� :: ti�st:or,� year aft�.the date of.ooc�cpancy. unless Lende� othenKis� agrees in writing, which causent shall not be � -
<br /> • "`-. . , unseasonably witFibeid,ar untess e�ctenuating•��+�^+�tances exist which are 6xyond Bomower's conmo!_ �orrower shall not . �. "--
<br /> .. . desoong.damage or impair the Ptopecty,allow th��iaperty to deteriorate,or cammit waste on th4 Pmp�ay_ Borrower shalt , ..�:-��-
<br /> � °.�` . • be u�.,'dzfanIt if aay€offeiwre.actian or groceeding.whether civil or crimi�al'.ta begun that in lxnder's gaod f�ith judgment �r�:�—
<br /> ;:�° �;;; cou2d�aIt in focfeitune of the:�openy or otherwise materialty impair the lien create� �y this Security lnstrument or - ?;�':�"-::
<br /> ' � �:`.`i:ZUy.;�x14'i i�, • `j �_���---
<br /> _ �� ,-_�• •�_,, l.ender`s secunty interest. Barrower may cure such a default vsd ninstate.as provided'sn pa-�pf�18 by causing the ac�ian ' _
<br /> , �"��•'�1:•" or�roaee�ng to bedismissed with a iuTing tfiaf,in Lender�good faith determination:precl-,:�`fosfe:wte of the Bormwer's � � :. � �. �
<br /> � r�� � ` .� � inferest in the Fropecty or other material impaisment of the lien created by tfiis Security:Trsu�tunent os I.enders sec�uity �� � �`j�..'�
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<br /> ,- _ s ��'• :� ' interest. Barroarer sBall also•fie in defaul[ if Bornower. during the toart applieation prc�eess, gave�iaterially faLse•or. ..: �... ••-;,•f;,;_r�.��;-�
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<br /> - �::�� * `'•';;.;�.�';,' � inaccarate information or statemen�s to Leader(or failed to provide L.ender vyith an�materia�info:mauon}sn connectian��it� . :��:Fy'<,:;,,,xt.�;
<br /> � , � �' the loan evidenceQ by the Note, including,6ut not limited to representatians�ancc.'mi�,Sorro+�er's occupancy af'ihe �� ?�' _'�'
<br /> %l':�`ti-.;` ".f" , Property as a princiQal residence. If this Seccmty Inswment is an a teasehotd.Borsow•er siia,`F.cu�ply uith atl tfie pra��sions • . ' � , ~,;.• .,,�
<br /> •.• . t:';`£,�s';r;f �,, . of the Jease: If Borrower acquires fee titte to the Property.the teasehold and the.fe�title slralY r,at merge tinless Lender agtees ;�:�.� =.>�..,�`
<br /> t .� . - to the merger in writing. -- -
<br /> � �4 4;:'� 7. Pmtection of Lender's Rtghts in the Piroperty. If�ormwer fails ta perform fhe covenanGs and agreements '` _ _
<br /> -' ` - ` conlaitted in this Secutit Insuumen�or there is a le 1 roceedin that ma si iticant affect Lender:s ri ts in the . .'`�='"�-�-
<br /> ; � �,, , •,-.. Y Sa P S Y S� �Y P� �:._:: �=
<br /> . . Property(such as a pcoceeding in bankruptcy,probate,for condemnation or forfeiture or to enforce laws or regulations?.then . '�+�a_
<br /> . i.ender may do and pay for whatever iti necessary to pratect the value of the Property and Lender:s rights in the Properiy. • � �:�_
<br />= • � . • Lender's actions may includc paying any.r•ums secured by a lien which hac priarity aver this Security lncwment.appearing < • ,;.' `:'�'
<br /> • • ." in caurl,paying reasonabte attameyti fec�and entering on the PiropeRy ta make repairs.Althaugh Lender may take actian _ . j��
<br /> � ' under thiti paragraph 7.Lender daes not havc ta do so. , .: '�
<br /> ' � Any amounts di+bursed by t.cnder undcr thiti paragraph 7 tihall becomc additiona!de6t af Borrower secured by thi.r• . 'J,.}�y
<br /> • . • � 5ecurity Instrumcnt. Unicss F3orrawcr und L,cndcr agrrc t��othcr terms��f payme�t.the�e amounts shail bear interest from the -
<br /> � ' date of disbursement at thc Note rate and tihall be payable.with interetit,upan natice from l.ender to Borrower requesting • i
<br /> � . s:. :� .' , p3yment. � _ _
<br /> • � : � • S. Martgage Insurartee. If Lender reyuired mortgage insur;uue�.s a condition af making the loan secured by this � �.. --
<br /> . '• Security in�trumenl. Borrawcr shall pay the premiums rcyuircd to maintain ihe mortguge intiurnnce in effect. ff.fot any ' .•
<br /> , � . reason.the mongage insurancc caverage rcquired by Lender lapscy ar ceaser, to be in eifect. Borrower shall pay the � ; ,..
<br /> premiumw ceyuired to abtain coverage substantially equivalent to the mortgage insurance previoa�:ly in effect, at a cost . •:
<br /> ' " , subtitanti�lly cyuivatent to the ca�t to 8anower of thc mortgagc insurancc previously in effect,from an aitemate mortgage �; ; � ?
<br />' . �. insurer a roved b Lender. If sub+tantiaU e uivalent m�»�a�e insurance covera c is not available.6orrower shail a to -=f°`
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<br /> . -�`� � l.ender each momh a sum eyua)to anc-iwclflh af the ycarly mortgagc intiurance premium being paid by Barrawer when the �•� ,:�_;«�.
<br /> •�•.,.,,,,..:
<br /> • insursnce coverage lapscd ar ceased tu be in effect. Lendcr wiil accrpt.uae and retain tflexe payments as a iass resetve in lieu � � .._�.,; ,
<br /> � � of mortgage insurance. Los.c recervc p�ymenu may na tongcr bc rcquired.at the aptian af l.cnder.if mortgagc insurancc 1 . ' `
<br /> . , � ': coverage(in the amaunt and for the petiad that Lender rcquires)pravidrd by an;n�.urer approved by Lender again becomes t . : , � , .
<br />_ _ _ .. . available and is obtained.Bc�rrawer�hall pay thc prcmium+�cquircd to maim�im m�ngase in.urance in effect,or to provide a E '
<br /> • toss re�erve.until the reyuirement fnr mangage intiurance ends in arcordancc a i�h any wrir,en agreement between Barrower ;, � _.
<br /> ' and Lxndcr or applicuble law. : .
<br /> • ' 9. ln.qpectlon. Lender c�r itti:�gcnt muy m;�kc rcati�►nablc cntric�upan and in.Pecr.o�ti of the Propeny. Lcnder shall � .
<br /> . give Borrower notice at thc time af or prinr to an inspection�perifying rcasonabfe cau�e f'or c�::inspecticm.
<br /> ' , 10 Condemnation. Thc prcxeeds of any award ur cl.�im for damage�.direct ur cor.�;a{ucntial.in cannection with any '�
<br /> , . timgic F:,m�ty-•}annie tfaNF'rcddk slnc I��iiFl)R�11�titRl 1fEV'f••Umf�vm Covrnantr 9/90 Ipe�qr;�Jh�,�,qc�i �
<br /> . �eee�Iatts Baa�a Yarne.hx.f •
<br /> To lKdrr I:all lJ1W;:iQ?J7J O VrLt 61&79f�117! �
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