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<br /> . perioa�tfiat I.ender ieqait�es. �n,e insurancc curies qovia;pg the iAwr�nce shal�be ct�os�a by socrower,subject to t.ende�3 .
<br /> � app�ov91 whi.ci��fyll not bt�rtssoaabtY withdeld. If�arowu faUs to maiatain cQverage descn'bod atwve.:Lender may.at
<br /> Leader§optio{�,obtain coverage io pcotccE La�der's rights in the Property irt xce�tdance wish ParaB�Ph 7. <
<br /> . Ait insurance policies anc�reeewats shall6e ace�ptabte w Lendet aad shali inetude a standa�d mortgage e�use. �.Cnder
<br /> = s6�ll ttave�lie dgbt to hoid the policies am!reaewals. If Lender nequii�es.Bomnwer shalt P�P�Y�et��aderall�+eeeipts
<br /> -- Eof paia premiums aad nmewat nouas. In the event of losc,Borrower sMall give prompt aorice tu.c.� ��caaier and
<br /> � L.ender. l.ender may make pcoof of toss if nnt made P�P�Y�!Y Bomnwer. :`",. ;�' �, =
<br /> -- --- -- - _ _ . Untess Lectder and Botrower otderwise agee ia artit'sn8.�nsu�a��oee�s sh�be�P��:�.'_�?'?'".`�on or cegair of _
<br /> = the Ptope�ty'damaSed,if the restoraeion oc tepait is economicaliy feasibte aud Lender's sec,ti�stg-��u�sened. If tlie
<br /> ___= nstaat�at or iepaic is nat ecaiomically feasible or Lender�securit}wauId be,tessened the itLStira�'�eeds s6af1 be
<br /> _,. applied to the sums securcd by this Security Insuumen�whether or aot then due.with any excess pa:d tio;Barrower. Tf — -
<br /> - Baaower ab�ndons thr Praperty.or cLoes uot aaswer within 30 days a notice fmm Leader that the in�e carrier has�
<br /> offered to settle a claim.t1�t I.endey`may wllect the insuras�ce pmceeds- l.ender may use the pca:ceds to tepair or teswre
<br /> ' tl�e.Propert}i or w pay sums saure8 by this Sacarity Inswumrn�whether ar na thea due 71ie 3Q�day periad will,t�egiu wlxn :
<br /> the rotic�e is given. —
<br />.. ' Unless Lxnder aad Borrowa othecwise agree.in writing.anY aPPtication of pmceeds to pricrcipal s6all nut excend or
<br /> __ postpone die dt�e date of che manthtY PaJ!metus refe�ed ro in paragraphc 1 and 2 or change the amonnt oF the paYments. If
<br /> . = under paragrapl►21 the Prope�ty is xqu�r�d by L�+der:-Bocmever's righf to any i�sura�ce polisies su�d pmcecdc resulting
<br /> :''`: ;. . from damage to the P9roperty prior to the acquisitioa sball pass to Lender to the extent of the suais secured b tHis Security
<br /> y �,�_
<br /> .�.;� Inst�ument immediatety prior to tfie xquisirion. ' - � - , �-�= �
<br /> , �^'`�;=�=
<br /> �,, 6. OcFaPsncl, P�eservatioa. Maietenaace and Pmt� at f�e 1'ropertY: Bonower s Loas Appliatbo: ..
<br /> . . • La�selwtds �ormwet sha}}occapy,establish.and+�ae the RoperiY as�'s principal residence within siaty days after ��:°£;,
<br /> . �f:- � the eaecutian of this Securiry instrument and shalt oa�t:nue f�o ac�iy tj��t�tY as Barower's principa!nsidenct for�t ��,�-�_
<br /> �f:: • �k'�:��::—
<br /> ":::,s`� � least a�e year after she date of accupancy. uit;� �ender otY<ecwise agees m wr►n°S� which.consertt shall na 6e �:,_
<br /> , ��._• unnasonably withheid,or uniess.estenuateng cic�ta�ces exist which are heyond Bomuwet s conerol. Bo�swer shaU not
<br /> �,��,�m=.
<br /> . ' �'` ' destroY,da�nage or impair ihe Property.allow d�Ptuperty to de[eciorate.oc commit waste on the ProP�Y.,Bormwer shall _ �%��=•�--
<br /> ti .�• :�r-- .-:V'�;"`-:' � 6e in default if any forfeiture action or pcoceedinrS=.a�ether civil or criminal.is begun that in l.ender's good faith J�S�� �`_�=��:-
<br /> "�:`°:•'�W��-�• '.`� eould r�esu(t in forfeiture of the Property or ot�+csse materialiy impair the lien eceated by this Seeus�:.ln�ment or °
<br /> . - ' _ _ , 1.e�lder's seFarity inte(est Borrower may cure suc��.,�efault and reinstate,as provided in paragiaph 1 S.by c�c.�g the action •, x � r
<br /> 'on tud�farfeitrue of'tf[e Bormwet's ��'`�,`�.' _
<br /> ' . �• or proceeding to be dismissed with a ruting that,in Lender s good faitb determinan pcec ` , =... - _
<br /> •.��..�'.'�� , � interesE in the Property or other material impairment of the lien created by this Security (nstrument or Lender�s securi�', ";��--
<br /> .�`�_- :'�-•�` � intenest. Burirower sball also be in defaWt if Hormwer,doring the loan application proces.�,gave materialIy`fatse.ar, ;.'r .,`::.;-,==
<br /> � inaccurate informadon or statemenis to Lender(ar faited to provide Lender with any material infarmaUOn1 in connection K�..- �r�: � '°::: e._
<br /> :-�, .:� ,.:,,,,,� the ta'In evidenced by the Note, inctuding.b�t as�c limited to. representauazs conceming Borrower's occupancy of the •-�,;;`: ,;'.�:—
<br /> '`•'�:���� ' Property as a principal residence. If this�Secnsit}.tastrument is on a tea�ehotd S�rrower shaQ wmply with a11 the provisians ;'�-� -_.
<br /> - . ;;r.";''-°l;-;: th �8 8� `'-' -
<br /> ,. _ of the lease. If Borcuwer acqoir�s fee�'.e�.��e Property. e teasehold and the fee titfe shall na[m e un1�s Lender a _-
<br />, .: �. to the merger in writing. . , `d , :-�"_—
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<br /> �`-���� 7. Protection of I.ende►'s�s 6u't�Property. If Borc�nwec faits to perform thc covenants and agreemerrts -�-�-
<br /> `, -•`� ` �_ contained in this Securi I�strumenE, or'i:tc�is a te aI raceedin that ma si ificant affect Lencter�s ri dts in the ., . �._�*::--
<br /> s. ?. . tY� S P S Y � tY` &
<br /> _ ., Fraperty(�uch a�a proceeding in bankruptcy,pak�-�.:�ot condemnation or farfeiture or to enforce laws or re�cciarians),ther► ��►'.,_
<br /> " Lender may do and pay for whatever is necessasy crs protect the.value of the Property and l.ender's• rights ies.�►e Property. , : '�`-'�
<br /> . � " .,;•.�;. Lendert actions may inctude paying any sums secured by a lien which has pdority over this Security lnstrument,appeanng =
<br /> � �. �.'i � in coun.paying rea5onabte attaraeys'fees and entering on the Praperty to make repairc.Although Lender may take acrioa ..
<br /> � under this pazagrapb T.Lender does not have ta da so. ,:•�.�' � '-
<br /> �. Any amonnts disbuised by ixnder under this par.�raph 7 shali become additional debt of Borrower secured by tTris 1,_ ,.,;
<br />- - � .. � Security Instrumen� Unt�s Barcower and Lender agree to other tertns of paymem,these amounts shall bear interest from the ��.1 ..
<br /> � •. • date of disbur�ement at tiie�•Note rate and shall be payabte,with interest.upon noticc from l.ender to Borrower requesting :;� . ��� _
<br /> p�yment. •-
<br /> �,. ' �� • '.:1i:"'%;. 8. Mortgage Insnraaee. 6f�nder required mortgage insurance as a condition af making the loan secured by t6is ,:,,,�•.' `
<br /> ; . :''°`.•�`'. Security Instrument,Borrcm-er s'.-.�F-,r.ay thc prcmiums reyuired ta maintain the mortgage i�sursutre in effec� If.for any � ::;��;:.
<br /> � • '%% reation, the moRgage �.�-^3..ee•sati�rage rcquie3.hy Lender lapses or cea5es to he in effecl. Bnrro�s•e� shall pay the r' • .
<br /> , '���' . `� premiums required ta o��covesase substant'r�.'`n�equivalcnt to thc murtgage insurance previously in.effect, at a cast r
<br /> . . substantiaily equivalent to the cost to Borrawer at the mo»gage in+urance previou+ly in effect,from an atte�mate mortgage . : . .
<br /> -�•� ' • _ insurer appraved by Lender. if substantially eyuivalent mongage insurance coverage iv nat available.Boaower shall pay to �:;,,_
<br /> �'-': .�. �- Lende�eath month a�um cyual to one-twclftb of the ycarly mortgage intiur�nce premium being paid by Barrawer when che • . ;,.�.,
<br /> insurance cover�ge lapred or ccased ta he in effert Lender will accept,use and mtain these paymeats a.c a 1o.r•s rescrve in fi�� • __
<br /> :' • of mortgage inxunuice. Loss rc�erve paymems may no tongcr bc reyuired,at thc optian of Lender.if mortgage insuruace
<br /> • . . coverage Iin the amouM and for the permd that Lendcr reyu'aes)provided by an insurer approvcd by l,ender again becomer .
<br /> available tind is obtained.8nnawer sha0 pay the prcmiumc requircd ta maintain mongagc�n�urancc in effcct.or to provide a � . .
<br /> . n
<br /> ;.,; loss reserve,umii the requirement for ma»g:►ge in�urunce cnd�in accordunce with uny wriucn agrcement betwcen 8onower
<br /> . and i.enCer or applicabte taw. � ` •
<br />, • . ,� • 9 inspectiod. L.crtder ar it+a�ent may n�ake rrasunabtc entrics upo�artd in�pectiun.af Ihe Praperty. l.crtder shall �
<br /> ' ' ' give Borrdwer notnce az che time of or priar ro:��in.pectian w�xrifying reawnable causc for the impection.� � ,
<br /> _,. 10 Condemnation.�The prveeect.i�f z�,:award or claim f��r damages,dircrt ar con�equemial.in etmr,eeiion tvith any
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