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<br /> . - -� . . ' . ., � . . .f- ,. . • • a�4 c4� i _
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<br /> . ' . � .�L. f.. _..��
<br /> �t.�'V�r:
<br />— ' � ��Y� �
<br /> . . �or he r erect� an the �----,-=-�„-,;__�
<br /> � the improvemems naw enistin8 �:_. _�-:. ::
<br /> d�anrance. Borrowe� sliaU kee� ,imcinding �•���<
<br /> s aU
<br />- S. �a.�d ot Prc►P�Y �cluded witfun the term "extended coverage" and anp othrs hazards �.i.-y,,;�
<br /> • properiy insured against loss by fue,hazards� ce shall be maii►tained in che amounts and for the g�� � �:..
<br /> m
<br /> � floods or 8oadin;.for which Lender:equires iaswance.'I7nis insuran �,.,,_.-�.;-
<br /> -_ �t Lender Ieqeu� '��u�soe carrier providing the insurance shall be chosen by Borrow�er�VSUb�nd�ffinye��nder s -
<br />�.� whi�h shall nat be unreasonably withheld. If Boaower fa7s to mainmin coverage descn'bed ----
<br /> in acoordar►ce with paragraPh 7. e c(�ase. lxndet ,�"`
<br /> opdon.abtain ooveraae to protea I.ender s rights in the ProPertY� �' .:�_:
<br /> lscies and rerxwals shall be acc�table to Lender and sha11 include a standard�ortLender ali receipts af _.�-
<br /> ' All ins��rance Po� Borrower sha11 prompdy g :.
<br /> ��- shall have the right to hotd the policies and renewals.If L.ender��• ve ro t notice to the insurance carrier and 1.ender. , „�,;�,_-.
<br /> an
<br /> . E_.
<br /> � � p�id Dremiums and renewal notices.In the e"e°t of loss.Borrowes sha11 gi P � _ _
<br /> b Bonower. � �
<br /> Lender may make praof of loss if not made promptlY Y �S�ce proceeds s1�a11 be aPPGed w restotation or repair of the �- --
<br /> . Unless Lender and Borrower otherwise agree in writing. p �nat l�sened.If the restora�ion or �.._.�..
<br /> Property dama�ed,if the restocarion or repair is eoonomically f�s�te and Lend..r's serurity� hed to the sams
<br /> wonId be lessened.the is�surance Proc�ds s�l be a�p.
<br /> 'r is not economic�llY fe�bte ut Lender's securitY �id ta Bflrrower. If Borrower abandons the �-�,
<br /> � Instntment, whether or not then dne, with anY e�ce�P
<br /> h
<br /> . secured bY this SecuzitS+ gp da s a noiice from Lender that���surance carrier has offere�to settte a ctaim,then ,�.
<br /> or to a sums �'--_
<br /> .. Property,or does aat�answer witLin�. L�der may nse the prac�:s�io repair or restore ths ��Y p y �•.
<br /> Ixnd�r may colied �Fa+e insurarse�p eriod will begin when the c�a"i:z is given. ��•;
<br /> sec�..*Ed by dus SecuritY Instru�'x^wflether or not then due.The 30-day p � � , al shall not extemd ar '
<br /> U n l e s s L e nder and Borro'��:'��e a�in writing. a�►Y aPPlication of proceads P �'P
<br /> h s 1 a nd 2 or ct�ange the amaunt of the�mzents. If , ���
<br /> a u re fe r r e d t o i n p a r a g c a p licies an�t����r�'�g f r o m �:<.`
<br /> Pa�nE the due da�of the mo�y P Y� insuraare P� .. ��`
<br /> h 2�vi�e PropertY is acq°�dY Lender.Bomuwer's right t�•say t.-a�s Securicy I�ttument ,..�
<br /> � _ under para�raP sition shall Pass to L.ender[o the er�:�nt of ehe sums secured.,-` � ,,.-�.::
<br /> ..�: �e to ths Pmp�rty pr�or to the acqni ' ,
<br /> �i�'• ' r ITOI�O�}1C SCQIl1S1�^v�- �� �(`
<br /> :,r.,.� ..' is�.�'�lY P �ance and Pcotecii.^g oY the P��e►ty;Sarc�,�er's Loa���-�cati�.5)L��seholds. ,I
<br /> g;�Occu[�.'Y��rvat�• � raiden�'�thin sixtY�:"`�:a��.er��oa of �;;i
<br /> ' Borrowei shali occ�.�y.establish,and use tha PropertY as Bc�rrnszer's Fr c�pa1
<br /> :: ,: �s�rr,e�ver's principai resider�e€�.az l�st�'ae year after ��� :
<br /> this Securit5+ tnstru�ent and shall continue to occupey�thn�F g whicb consent stiall not be unr�sa`a�Iy witLheid, or unless „�.,_ _
<br /> '. `� the dat�of occupancy.unless I.ender otherwise agr e or impair the -
<br /> �-- ertemtaring cucumstances exis2 �c6ich are beyond Banower's control. Borro Hoiro�rn�s�be�_��def�g��►Y f6rfeiture
<br /> to deteriorate. or cammit w�.�'.' on the PcapertY. �--.:.-_::
<br /> .. � praNerty, allow the PropertY t�at in Lender's good faith jadgment could resuIt in fQrfeiUUe of the
<br /> �� whether civil or criminal,is begun '�'°�
<br /> action or proceed:�.,�. Instmmeut or Lender's securiig i�teiest.�OC�ower may -- - -
<br /> this Security ta g��;ismissed witb a mlin$ —
<br /> ecur in
<br /> property or oi�.^�%:�-��terially impair the li:n created h 18,bY causesig the adioA or prac�S or other material
<br /> ' �za�ch a de�n a.'�d reinstate.as Provided in pazagr'dP
<br /> . ' . �2:;,iti Lender's .gaod faith determinau'Son�,n reclutnd�o�e ar I�nder�'s�security in �terest. Borrow s1�all also be in defanit if
<br /> impaztment of the lien created bY ttus tY to L�d�(or failed �
<br /> t�e loan apPlication pracess,gave maceri�tiy false or inaccurate infonnation or statements ���:
<br /> �2
<br /> : Borrower.dusing. r'` "
<br /> � ����o�,������ection arith the loan evidenced by the Note,including�.b��i�� ����:
<br /> � .' to provide E.end�,�► Y , of the Propert3►as a Pnnr�Pa1 res�dence.If this SecufltY
<br /> to.representationseonceming Borrower s oc�p�Y fee tide to t6e PropercY• t6e ___
<br /> • leasehold. Borrawer shaf! comgly with all t�e pravisions of the lease. 1f Bonowet acquires �. _ ._
<br /> leasehoid ansl the fee tide shall not merge unless Lender agrees w the merger in writing. ' -
<br /> grec.
<br /> � ts in the PeopertY.If Borrower fails W P�orm the oovenants and agreements contained ia
<br /> � 7.Pra�ecdon of Lender's tt�h � that may signifu�n�lY af�e�t Lender's a�hts in the Propen5► (sucb as a �_'
<br /> � . ��is S�urity Instrument,or there is a lcgal proceed� g
<br /> • mceeding in bankruPtcY•probate. for co�Ci'.�nadon or forfeiture or.w enfoTOe taws or resutatioa�a, �n�s actlons maY �
<br /> . p to rotect the value of the PropertY and u.ender's rights in the Pr�?t�Y• . �court, PaY�
<br /> ��.. �� , pay for whatever is necessarY P p -.r.. Insuumeci. -s�p�►v� �-_
<br /> . � irs;lude payiag any sums socured bY a tien wtucA has rioriry ov,�: ,.�is SecuritY y2;�acrion undec t�s pSraBrapb.
<br /> on the ProperiY 4lthou 1�maY �,�•;
<br /> to�ake repaix5__ St►
<br /> a
<br /> � reasonabte attorneys'fees ard enterin8 , :. • . , .:� r��--
<br /> � • 7.Lende�does nat hava to do so. er uader tivs paragraPh 7 shall become additioaal de�C eyG�orrow�r secuted by i�his =:
<br /> Any amounts disbnrsed by IRnd `�° '
<br /> � - �ity Instrument.Unless Borrower and Lender agce to other terms of paymeII Q�ce�°�e�t Bosrower►�e9ue5 g a"'
<br /> . . . . date of dis6ursement at the Note rate and shaU be payable, with interest,upo (�,,
<br /> ��ra:
<br /> . payment. toan secvred bY this 5ecurity .
<br /> e insurance as a con�l�tion of maY�n�the = -
<br />,. , , �.MAttg�ge InsueAace.If Lender reyuired mortgag in�`cect. if, for any reason,the �,.
<br /> .�.:� rarai�u^s recluired to maintain[he mortgage insunuce
<br /> ''`�? Tnst�ument, Bonower shatl pay ehe p
<br /> ':,;
<br /> . . �o�tgage insuranoe coverage required by Gatrn;.er tapses insurance previ us y in effect�at a ca�:��bstantiaUy equiv ent w the
<br /> ult�ain coverage substanrially equivalent to tf:e mcrtga�. roved by Lender. if _
<br /> .., � �ost to Borrowe.of t�e mortgabe insurance�4ra�'icu:,Sy�i.�3 effecA, �rom an altemate mon o��nder eeach month a sum eclual to .�_
<br /> .,.,�Y:r ' • substantialty equivutent mortgage insurance covecs►ge is noi av�d ti e Bo�aower hen the insutarrae coverage�P�or cease4 tfl
<br /> .. :��tb� ono-tweffth of the yeariy mortgage insur�x�plemium being F Y. � e insurance. Loss r�a��� ,.-
<br /> �'',�y be in effec,t.Lender will aocept,use and c�s�in these PaY�nents as a loss resetve in tian of cnar�f. 8 � Form 8028 8�s0 ir,
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