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<br /> periods th�t i.etider tequires.�Tha insurante caakr pcoviding the insurance s[tall be�'hosea by$otrower subject w Lsoder's
<br /> . 8E1pfOV�WAICII SII��[fOf I7C DIQ�dSOI13DIyt WItIITlG1A. I�BOR0IYC[f81IS[O 1It31QI31Q CQVfl3gt dCSCtI��I10YC.LC[IdEf tOiyf.�[ , .
<br /> I�a�der's aptiaR obtain cov�age Ca Pmtect Lender�rights in the Property i�accoidar�with pazagraph 7.
<br /> Al1�sar�mce poliaes and n�newats stult�be acceptable w Lender and shall inctude a st�ndard mortgage darts� I.snd¢r
<br /> -- - = shall have tt�e right to hold the policies and�eaewaLs. If[xMer�q�es.Bomnwer shall prvmptlY give ta Lender alt receipts �__
<br /> -_ � of paid premiums and miewal notices.�In[i�e event of tass.Borrower shatl give pmrapt notise to,the insurrncc carrier and -
<br /> - — ' Lehder. �endet tnay rna�ce pcoof of tass if not made ptomptly by Horrower. � __ —
<br /> —. . ____._.__ ..__ _
<br /> - -- tTntt�s Lender and Borrawer otherwise ag�ee in writing,in�uanoe proceeds sftatl be appti�d ta restoratian or repair of - �------ - ------
<br /> = the propeny damaged,if the restoration or repair is economiuilty feasibte and Lender's security is na tessened. If tbe
<br /> — �= cesrwaaon ur repair is not ceonotnically feasiDk or l.ender's secunty woWd be lessenod.tfte insurance proceeds shail 6e _
<br /> - apptied to the sums srcured by this Secudty Instrument.whether or not then due.arith any ea�cess paid to Bomnwer. IP ---- _
<br /> Borrower abandons the Property.ar das not answer within 30 days a notice from Lender that the insuranee paier has _—__--- _
<br /> offered to settle a claim.Men i.ender may coltect tiie inswance pmceeds..Lender may use the pmceeds to repair or iestore -- - -
<br /> •��` � We Ptaperty or to pay sums secured by this SesuRty insa�en�,witet[�s�nvt thea due. Tde 30-cia��aod�vilt begin when ��°__---
<br /> '� the notice is given. . � .-.�� � .. " —
<br /> Ualess Lender and 8orrower otbenvi.�agtee ia'�'�ng��vm�€@�c�ds to�s sEe�P�nw�eztead as - — --
<br /> - postpone the due date of tLe monthlY PaY�c�-*tefer�Ua� '�a�155"L��2 ar ct�.ange ffi�e a-�r;��f a�e�y�-. tf ,�„
<br /> '. =�r� ._ . . _ � _ ..,;'��3 ai���ts tes� " —
<br />. • .under.�a�agcapf�.21 the Propetty is acqwxc�cfi.tiy�.tRider Snrrowers sr�tP���'��',�,?� � �g =—" — --
<br /> _ •{ ; �3��t*�zhe Pto�teriy prior to the-acquisition strati pass to.Lender to the.esa�.?.�s�"t�s�� oG.-�f irg.��s�aritY ,�'� _�_-
<br /> � ' Tjs�imaier�ia:teig pcfast�c6e aequisition. ' . ' . � � • .�� �
<br /> , _ . ' ;...:.. 6w..:(�p�y, 1�ce�vation. Maintenanee aad Protection of We Prop�.�:B�a�ce�Ts �aas �fi.ra�ion: s. ' �4.v� e
<br /> � .-._ . .,-.
<br /> �.a : � �otr�. T�&r�ers£�fE bccupy,estabtish,and use the Propetty as Bomawer's pr�-•ipal resi�..z��m�s-��•��aher o�,,#,.
<br /> •=',�,Y; . �d�r::.���'�*��Seevrity Instrumrnt and shall cant3nue to occaPY��PenY�Horrawer��n-���aa.L�for at � � ��,Fi • _
<br /> �jrr r:_
<br /> �>.�._''` � :(��:�:'��er [he date of occupancy, untess T.ender atfierwise ag�ees in writing. wiuch rai�ser.c,,��r•rat be ,�i�f�
<br /> .. '�. .` :u�.,�san�tiJy d�he1�ar anle.ss extenuating circumstances exist wfdch are beyond Barrower's ec�nuol. Bormp'ersl�a��t �, s-'�
<br /> � � �;"''�. cl:.,st�o'. e or the allow the Pro ta deteriarate,or commit waste on the Boixower shall ''`�" -
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<br /> . .�tY'':. ,_ Y �8 �P� �rtY. P�Y. Pr°P�ny . .}:�z.;,_'_-_
<br /> .;>�,t _x; r. � bc iii defa�ilt if any fadeinrie action or pmeeeding.whether civil ar criminal.is begoa that in l.ender's gaod faith judgment :��?'.- '
<br />, , ..cauld resnit in forfeiture of the Prnperty ar otherwise materially impair the tien created by ihis Serurity lnstrument or '? ; , ---
<br /> . - � �.;:�;:_'-_..: �- Lertdec's secwrity interest. Barrower may cuce tiuch a defauft and reinstate.as provtdod in P�S�Ph.IB;6y causing the action . .. — -='�� .�
<br />• � '"'' ' or pcaceeding to be d"umissed with a ruling that.in Leader's good.faith determina6on.prectudes forfeiture of the Borrower's . `__
<br /> ' , inre�t in the Property or other material impairment af the lien created by this Security Instrument or Lender's security -�=
<br /> � �� ` ` �� � interest. Borrower shall alsa be in default if Botrowe�;during the loan application process, gave materially false or • _�'� ;
<br /> ;:;;;,." . , � inaccurate information or statements to Lender(or faited to provide Lender with any materia!information)in connection with � ��
<br /> .. .�, " �'�:
<br /> !'`:'.._< �.: :..'.' `- the loan eviderteed by the Note.including.but not timited to. repnesentauons concerning Bormwer's occupancy of ti�e � � � �`;�--
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<br /> .�,� , _ ,.� , Property as a principal residence. If this Security lnstrument is on a leacehold.Borrower shall comply witb all the provisioas , ¢
<br /> '�,:'.�i;:,� .''� �.!�r<<�': of the Tease. ff Borrawer acquires fee t�8e w the Property.the leasehald and the fee title shaU nat mecge uniess Lender agrees . .' �"`.`
<br /> � °�,f:s:r�;�r;;`:;_� ' to the merger in writing. ' • �`.=
<br /> `�'.�,c�:<:'•�•• < 7. Prottctian ot l.ender's Rights in the.,Propesty. !f Borrawer fails to perfomt the wvenants and agreements - m—
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<br /> • coatuined in this 5ecuriry lastrument�at there is a legal proceeding that may significaatly affect Leader's rights in the . -�'f,_
<br /> f, � f • �� �• Property(such as a proceeding in bankrupuy.probate.far condemnatian or farfeiture or to enforco laws or regulations),therr , , �' ��='
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<br /> � Lender may do And pay for whatever is necessary to protect the vAlue of the Property and l.ender+righGc in the Prapeny. �.,'��y:
<br /> ' ' ' [.enders actions muy inciade payins any sums secured by a lien which has priarity over this Security Instmmen�appearing . ' --
<br /> ` in court,paying reasonable attomeys'fecr and entering on the Property ta make repain.Atthough l.ender may take action � . . _
<br />, . � � under this paragraph 7,l.ender daes not have to do so.
<br /> � �, • . _ " 's d nder this ar h 7 shalt hecome additional debt of Borrower secured b this � .�
<br /> Any amounts d�.bursed 6y I.en er u p asrap Y ,
<br /> Security Inst�ument. Unless Horrower and Lendcr:�grcc ta athcr tertn.�of pnyment.these amounts shap bear interest from the . • _
<br /> , datc of disbursement At the Nate rate and shall be pay�bte.with interest.upon naticc fram l.endcr to Borrower requesting �' � �
<br />,,.,:._.. . , payment. , `-
<br />.;,,,:;� ' �.�� �'' 8. Mortgage Insurance. lf Lettder required mortgvgc inauranco ati n condltian of mAlcing the loan secured by this � '.°��
<br />;,;,,;,; ` : :`��•�• 5�..~�rity lnstncmen�Borrawer�hatl pay the premium.�required to maintain the mortgage in.rurance in effect. li,for any . 3
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<br /> � ";•�r •; - n,.r...y�.�he martgage insurance caverage reyuired by f.ender tapses or ceases to be in effecl. 8orrower shall pay the ; .
<br />',`;';.�-�, s ' .. ��;, i�;�c�quired to obtain caverage substantialty equivatem to the martgage inyurs►nce previously in effec�at a cost :
<br /> ,;.�„ � . • � .�,,;�� s�.�:�e*.,�.�s.i?�ti1.ecraivalen�to the w�t ta Borrawer af ihe martgage insurance previously in effect,from an altemate mortgage .
<br />�:�'.<<`�'' .. , •,,� s.r�.::�,s2A;s:�;vzd by Ixnder, lisubstantiaity equivalent m�rtgage in.r-uranro coveragc i.ti nat availabte.Borrowcr shall pay to � _ ,•� �
<br />�;L°,; '� � ��:sr each manth a sum cyual to one-twelfth of thc ycariy mortgagc insurancc premium being paid by Borrower when the . .-
<br /> •`�,�::;�i:• � ��i-�nce caverage lapsed ar eeased to be in effect. Lender will accept.use and retain th:�c paymentc a.c a lazc resecve in lieu . -
<br /> � '�`'�'•'�+��������-�� �` v:martguge insurnnce. Lass reserve payment�may na tanger bc reyuired,ut the aption af Lender.if mortgage inwurancG � •
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<br /> • � covernge(i�.o°a amount and fcsr the pe�iod that Lender requiresi prav���d by an iosurer appravrd by�.ender Again becnmes
<br />;�.'(��; . - ��`:•�:;�;:.� . available z:�i?�:��btained.gnrrawer sh�11 pay the prcmiums rcyuired to��ir.tain mortgage insurance�neffect.ar ro provide a � � ° � �
<br />?��,.-�; aosy reserve.t:.iil ihe requ:re.^.*.em for mortguge in�urance ends in.tcc��rdancc with any written agreement 6etween 8orrower ;
<br /> . • • ;,;r,�Lender or applirabte t^s:�: � .
<br /> � 9. lnspeetion. Le•:r$�s.�:itti ager.t may muke rr.i.runabie entriey upun anQ impecciuns of'the f'rapedy. Lender�hall ; .
<br />;;,,,;. ��t;�Bonoayr.�;ticc at tt:��ir.,:of or c;�5�r wti un inxpecdun,�xrifyin�rcus�enublc ruu�c fi�r the i�spc:cainn. � '
<br /> 1d dt�cv�nallon. 'Th:�ri�c�:.�.c�5 r�ny uward��r cluitn ti�r dam��ex.dircct or cun�c��ucnliai,�rt cannectian with suiy ,
<br /> • � . ' 5:::,x::,r.:i. •livna�:MvrlFicddk RfsK fIKItQN'�3 Qrti7'RUb1iNT••UniformCovenaiu. 9,'40 ipa�;.•?n/aixigee► �.
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