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<br /> , � �t3� ����� �----
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<br /> t pereuds that Lender�equires. 'i4�e insvraites casrier�+roviding the instuance 5laull be chasen by Borc��LCr subjeet co t.er.der� -
<br /> . aFpcoval�vhtch shall not be unreasonabty witTiheld. !f�arro�v�r ft��to m�intairt c4�crs�e described ubove.l.aaider tnay.ut ��.
<br /> L.ender�s aption,obtain covemge to protect Lender's ri�hts in the Pcoperty�n stccordanm����p���ph 1.
<br /> A�i insuranee palicies and cenewais sha1162 QCCCpt�l�LO E.CRdCi all$SI13II ti1CIlItfC II SlaStd.1Yd ill0iis3l�'2 CIIIUSC'» Lender �"
<br /> shall have s.he dglu co hoid t�`�e polictes und renewnls. [f Lcttdes reqtai�cs,Bairouer shall pmmptly�ive ro Lender al{receipts �_:•_
<br /> af paid premiums uad rPnewai notices. L�the ev�its of Eoss.Borrorrfer shaIi give�prom�t noticc tb tlte insnrartce c:uries und — .
<br /> Leader. l.endee may mase proo�o f lass i f not m�de p m m p t l y b y B o a s ower. �� �
<br /> � Unless 4ender nnd Sorrotver othenti+lse agree in�vritmg,insumnce proceeds sha1�be aPP�ied ro restotadon or repair of __
<br /> �: � the Prape�y damaged. if the cestomtian or aepair is ecann�susally feasibie nnd Lender s security is rwt tes�ened if the
<br /> - e�stara�ion ar repair�s ac�t ec�rtt�s�ral�y fea,iDfe ar l.�ndea's resut+ty�vauld he tessened.the insurance proceeds shall be �
<br /> • uppli�d to ihe sums secured by this Securiry Insavment.whether ar nos [hen due.�vith eny excess Qaid to Borro�ver. if --=
<br /> • Horeor;es ah�r3vas thY Property.or daes aot answer witIiin 30 days u notice from Lender that the insurunce caarier has –
<br /> • offe*.ed ro settle a ctaim,th:a I.ender may co7lact thx insurance proceeds• Lender may usc the pracaeeds to repair or rasmrc
<br /> the pro�Ry or to pay sums secured by�s Se�ztrigr;n�ument,wheiher or not tI�en due. 71ie 34-day peas�d tvilt•U�gin when
<br /> th�n°tt�e ss g���`°' a lication of mceeds to rinci ai shall not extend or —
<br /> �e
<br /> �� Unless LeBdex and Bmsower athe►wise a�t�in writinS.anY PP P P P ---.
<br /> l���4�=�.thadwa d�a of.tM mon��lp paym�eat�t+efeired to in pamgraptis 1 and 2 ar change the amaunt of the payments. If =_-----
<br /> ��p��yp7�.�1•t}��prop�t�is acquireA by txnder,Barnow•er's nght to any insumnce�olicies and pmceeds resulting
<br /> ��._
<br />. • froYn damage to t�a1'top�rry pnor ta the acquisidon shall pass to Leader to�he extent of the suras secuied by this Seriuity �---
<br /> �� � insuurnent unmadi�iy priar ta the ucqvisirioa. �`-
<br /> `%>,.:' 6. accuPu�cY. Preservatton, Ms�intenance aad ProtectI+on of the Propertg: Bocrowrr's lenan Applicatlan. �..
<br /> �".��", I.xaseftolds. Borrower shall occupy,estaGlish,and use the Propeny as Bativwer's principal residence with�sixty days nftgr
<br /> ti�e pco as Borrowers c al�esidenee for at �-' "`�
<br /> � the executian of this��,-uxi.irj, Insuument and shalt continue to ocsupy perry F� iP
<br /> hi
<br /> . teast one year.a#'n`ii;t��•of accupaz:ry. untess Lxnder othezwise agrees ia .writing, which consent s'nall not 6e . , �.. '.
<br /> mueasonably v�c�'�:'ar tialess extenuating curumstances exist tvd�ich are 6eyond Borrawer�control. Bomnwer shall not _
<br /> x
<br /> �� destn,y,d��+r�hpair the Ptopefty,allow the Froperty w deterieiate,or commit waste on tIle Ptoperry. Boriower shall �"�_'
<br /> 6e,i�e c�fault i�ic�J forFe�wre action or�roceeding,whether civil ar criminal,is begun that in Lender's goad faith judgment
<br /> cc�Ji�:t�suIt in forfeinue of the Property or otherwise materially impair the.[iea created by this Security Instiament or
<br /> • L'�'s security i�4teres� Basrower may cure such a defiuIt and reinsiate,as proYided in paragrapS�18.by causta�tiis action �`"�
<br /> � � or proaedi�g to be dismissed with a ruling that,in Lender'�good faith determinadon.precludes forfeiture of�tC�•I�:rrowet's _
<br /> .. iutes�est in the Property or other materiat i�..aim�ant of the lieu created by this Sv�n'ity Insmu�,!e!'�t�or T.en�er`s seauity �..�..
<br /> �� � interest. . Borrower shall also be in de€v�lpt�.f Borrower. during the toan applicatiore pracess,'�f�11!i:�`�rreateri�ltY faltc or � �_,.
<br /> inaccurate infoimation or statements to��tor failed to provide Lender with any Ynatexia�infarm:�0'ra;�3 in conteection with ' • �`'�:
<br /> tfle loan evidenced by the rtote, inelud��.�but not limited to,mprzsentations coacerc�i��.Harr.r,�V�r's pccupancy bf the . '
<br /> property a�a principal iesidence. If this Secariry Instrument is on a IeasehoId,Bo�rawer�?a�cc�jx{.wieYi all the�,provisions -_
<br /> � of the leas�.If Borrower acquims fee title ta•,�e Ptoperty,the teasehold and the fee fitle shai�'�ce r�r�;�unless Lender agrees _
<br /> • tothemerger.ir��s�iting. :: . �t , .
<br /> 7. Pro'.�d4:'�D O�IRiideP'S RiP�I14S G31:G� �DI��Y• Yf BorroWer fails to perform th��fr�ts and•ag�mt;�r�.�'
<br /> , � r.r:r�'�ine� in this Security Instrum�n5, or th�e is a[e�x! proceedi��that may signifccantIy ai�'��i 1t:t�d�"s�r*'`�.iar_�?!�.?,;:.,;: , .
<br /> � ' L�ta�v�,'rtY(such as a proceedin�in 6anlcruptcy,Pmbate,fr,�r,r�nslemnudon ar forfeituny or to enfa��i;��;pT��!�?isari�th;'i��'�?��::;:::';�..
<br /> � � �� 41�dxr may do and pay for�����+er is necessary t¢��.t the value of the Pmpertyr and Lender�s rights iu�iir�;�!?�-'q'J�:7;��`'�;
<br /> . Le�tder�aetions may inc�ude paying miy s�s securea Lw�~a tien which has priority over this Securiry InsuUrt'.t�aE;:%t�Q�arLnG�'�;;.�: ;
<br /> �� , in court.paying reasonablc atcomeys'fees ittm:�entoring oa the Property tp make repairs.Although I,ender may�ta€t'e a¢tSnn �.
<br /> : ? undertfiis paragraph 7.Lender does not ha�fr���s�o sa. . _
<br /> �. � • Any amounts disirarsed By Lender u¢.:��:this•paragraph 7 shal]b�ome additional deoC of Borcower sECUrzrl by this -
<br /> ` Seenrity 1[acm�mem. Unless�orrower and Lender agne ta other trmis af payment,ch:e amflunts sba116ear interest from the. �
<br /> date of disbursensent at the Nate rate andsZs,!J h�payable,v�ith interes�upon notice C�som Genderro Botrovr�xequessing
<br /> ,�:.;
<br /> . � . payn�cnt. . . :�,,: . • . =
<br /> • 8. iNostg,�ge Insuraase. If Lender m�:'.�d mortgage inst►rartce as a•�;ondirian oF mzkir� �P Laan se��d by this
<br /> ;� � � Security Instrument.Borrower shail pay t�'�e'rr�:.:-s,requimd to maintain the mortga&e insur'.�sae;in eff.:rt,°•.,.;,_�ar.any
<br /> .:�r'i?,�}:°' � reason, ttie mortgage:insur�ce coverage requ�k�1,1�..end.�r lapsts or ceases to h�in affec�:�i�rower at�isi��.;;:�g'?h� --
<br /> '• P;r,�niums required to obtaitr�i:Qveruge suhstan�ally��!�?i��Ient to the mortgage in�ilrr,�:e pre�►ious3y in efi':�:im`iit�;�;ebst . . =--
<br /> . � ��antialiy equivaient•to tlbie+cost to Borrower of the ry�r�r�gage insw'ance previousi�;b��ffect,from an alt��rt��-i�i,,�t'tgage �
<br /> _';�`� insurer approve@ by Len�:: l��'substantially equivaleet irriortgage insurnnce covarage Ys��t nvailable,Bonowe��?�6�i�''�ay to �.
<br /> .r ....
<br /> Lender each montit a sum e�.;,�to one•twelfth of the ye:►rly mortgage insurance premium b:ing�said by�orco�:�h�.ivhen the•
<br /> � instv�acis caverage lapsed nr�ased to be in effect. Lender w�ll acrept,nse and retain th�se paym;c�.'u.s a Ioss reqerve in lieu �.
<br /> •':.,� �� ,
<br /> � • of mart �e insinana:. I.a��s•i�zsetve paymenu may no lon�er be teqqired.at the option of I.Qiudkc+z;if mort�:}stswnnce..,
<br /> • � � coveta e�(in the amount anu:"ar the per�od that Lender requires)provided Ay an insure�ap�vvet`�t�..ender zg�i;}�;�ecomes . =-r'
<br /> �r �� ' available and is obtained.$otxower shall pa.y the premiums reqoired to maintau�mortgpge insuranW e�.�ffeci,orL�provide a �
<br /> ' . �. tass reseive,un6!the requirement for mo�gage insutance ends in accordance with:u►y.�mtten a�+��crrnt betweert Boaower.
<br /> : •f and t�aicr or agpficab2e law. •... , ':�
<br /> � 9 Iaspeclion. Lender or it5 agent muy make reasonable entries upon sind�inspecdons of r..w r rorperty.•Lepder'shelI'� �
<br /> � ' � gaye Borrower norice at the time of or prior to•an inspecdcv�specifying teasonable cause for the inspee��h.. � � :�. '�` `,
<br /> ; f ; 1R CondemnaHan. TYte proceeds of any award ar.�^.1-.».'m far dataages,din:se or consequential,i�cani:+,x�ar•ir�,��rith any�
<br /> . �•� � _� Singk Fi�ily—FwirMaeJFYcAdte M�c IR�IF'URM�.lS7�1'^_�.zi1i»�Uniform Covena�cs 9l90 lpu8e��oI6 Po8�1 . �
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