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<br /> � ��'`��''�`�" r� � periodx�hat Lender requirex. The insurnncc c,urier providing the in�uranre+hul l be chu�en by Borrower xuhjcxt lu l.enderk ____._
<br /> �a�""°�-.,.•'�'�M�" ` op�oroval which shall not be unreuxonubly wi�hheld. Ii B�urower fuils�u muin�uin coverAge de+�cribed nbovr.4enJe�may,ut
<br /> • ar}�+�•-���� ••i l.enderR aptian,a!►toin covernge ta protect Lender�rfght.r in the Propeny in accurdunce with paragmpB 7. _--
<br /> ' : � ' ' '° '•. ' All in�urunce policie+tmd renewuls tihall Me arcrplablc�o Lender uml xhall include u stundurd muAgugr rlau�;e. Lendcr
<br /> � � ahall Iwve Ihe right to hold the policirs und renewuls. IF Lrnde�requircs.Bormwcr�hall prumptly givc t��Lcnder ull rcccip�s �,�y__l�
<br /> af puid premium�and renewul notices. In thc event of loys.Borr��wcr+hull give prumpl no�icr tu�he inxuruiur rurrier and �:_�-�:_�
<br /> ^::';,�,_-��`'� Lendcr. Lendcr muy make prcx►f of lo+x if not made pn+mpdy by Borruwer.
<br /> ����►������� •� Unless Lendcr and Bunuwer uthe�w�i�agru in w�riting, insurancc pnxeed+,h�dl he u�lird a� re�toru�ion or rcpair af -�-----�
<br /> . .. ..,.v..ri., ..�',�fA
<br /> 4#'�*'n. �+ �he PropeRy dumaged, if the restora�ion or repair ix ecanamicully feu�ihle und Lendery security is ncit Ic+sened. If Ihe ��=="=
<br /> ��._,..-
<br /> _ ����'�`='`"�'~�._�• restora�fon or repuir is not economicully feucible or Lender's �ecu�ity wuuld be le+xened. �he inr:urunce prcx:eed�xhull be �_�-
<br /> � upplied lo Ihe sums secured by thi�Security Instrumenl, whether or ncx then due,wi�h uny exce��c puid to Borrowrr. If i A
<br /> Borrower abundons �he Property, or does not smswer within 30 day�u notke from Lendcr thut Ihe in�+urunce curtier has ���,����`
<br /> � ' offered to setde a cluim.then Lender muy collect the inr:urance pracceds. Lender mny u+e the pruceedti to repuir or re+�ore ..��
<br /> - � ' �he Property ar to pay sums secured by�his Securily Inxtrumcnt,whether or not thcn dur. The 3p-duy period will begin when
<br /> �=�=,=_-.-
<br /> ' �he notice is given. ��
<br /> � Unless Lender nnd Bortower otlx�nvise ugree in writing, uny upplication of praeed,�o principal shull not extend or ��'.'� �''
<br />. postponc the due dute of the monthly puyments rcfcrrcd tn in p:�rugruphx 1 und 2 ur rhunge�he amount of the payments. If �
<br /> ' . under puragraph 21 the Pn�perty is acyuired by LenJer, Borrower+ right ta uny insurance pcilicies und proceeds rexuUing ���__.__
<br /> '` from damuge lo the Property prior ta tha ocquisition Khall puss�o Lender to the exlent of the sumF xecured by this Securiry �,,,,_
<br /> :,;;;,�; . , Instrument immediutely prior to[he arquisition.
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<br /> ,,:�.';. :. _,� � 6. (kcupancy. PreservAtion, Maintenance �nd Protectlon of the Property: Borrower's Loan Applks�tion; �-
<br /> 1,;1 . I.eaFehold�. Borrower xhall occupy,es�oblish,und usc�hc Property us Borrower's principul rc�ide�xc within xixry duys afler
<br /> ` �'? the execution of this Serurity Ins�rument and�huU continue w�xcupy the Property us Borrower's priix:ipul residence far at �,��_,
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<br /> �``' � lensl one year after the dute of occupuncy, unles� Lender othenvitie ugtees in writing. which consent xhull not be . �r•:
<br /> �� unreusonuhly withheld,or unless extenunting cireumztunces exitit which nre beyond Bortowerl rnntrol. Borrower shull not � :
<br /> destroy,damuge or impuir the Propeny,ullaw t he P ruperty to deteriorate,or cornmit wusle an the Propeny. Borrower shuU �,�`r. _
<br /> be in defuult if nny farfeiture uction or praceeding, whether civil or criminal,is begun that in Lenders goad fuith judgmenl �,,,.,,,,_,--
<br /> � �' e- � � could result in forfeiture of�he Properly or otherwixe ma�eriully impuir the lien crcuted hy this Securit}• InxtrumeM or F;��;:�,�� -
<br /> ° Lender'x security interest. Borrower mAy cure such u defuult und rein�tote,ati provided in purugr�ph 18,by causing the action ��. +
<br /> � or proceeding 10 be dismisxed with a ruling thut,in Lender's gaxi faith determinutian.precludes forfeilure of the Borrower's ' ' ,
<br /> .. " � interes�in ihe Propeny or other mate�ul impuirment of the lien created by thix Security Imtrumrnt or Lcnder�sccurity :�'�,;` -
<br /> interes�. Norrower shall ulso be in defuul� if Borrower, during �he loan upplicu�ion pracess, guve materiully fulx or �;.A;�.�=:;.
<br /> ';�,, .. • ' ' • inuccurute infortnution or wtatementx ta l.ender lor fuiled to provide Lender wi�h unv muteriul informutionl in connection w�ith �.ti S,z,` ��
<br /> the loun avidenced hy the Nate, including, but nol limited tn, repretientn�ians ronceming Bomnwer's occupuncy of 1he ��
<br /> -- Prapcqy a�a princlpal sesedence. !f�hi�SP���ry�y In�trument is on a Ieu�ehold.Horrawer�hall comply with oll�he provisians � �
<br /> ° of the Icase. If Borrowcr ucyuire�fer title to the Propeny.�he le�schold und the fee ti�le+hall not mergr unlesx Lender ngrees `� ,,��;+;.`
<br /> to the mer@er in wri�ing. �s{i'•~r-
<br /> ° 7. Protection oP I.ender's Ri�hts in the Property. If Borrowcr Frils lo perinrm the covenunts and agreeme�[s ��•
<br /> � " contuined in this Securi�y Inxlrumcnt, or there i. u legul pr�xrrding �hut may significuntly affect Lender� rightn in Ihe ��•
<br /> • �' Propeny(such ux u praceeding in Bunkruptcy.probute,fc�r condemnution ur i'orteiiu�nr io enforce luws or mguluuon�),�hen R�d�i:vk
<br /> . , Lender muy do und puy for whutevrr is ncrestiuq� to proteci the vuluc ot'tl� PropertY und Lender;right. m the Pmperty, �—.--;:��,5��,_
<br /> " Lender's ucti�m+muy include paying uny+um. �crund b��u licn which hu�prii�rity over�his Scwrity Instrumen�,appe+►nng �,��'�l_
<br /> •' � �` � ' in coun, paying mu.onuhle uttorneyy'fces und cntcring on thc Pn�eny to mukc�epain.Alihough Lrndcr muy tak� aclion
<br /> ° under this purugruph 7,Lender di�ex noi huvc to do.o.
<br /> . � � Any amount�diyburxed by Lender unJer thi� purugruph 7 ,hull hrrome udditionul debt of Borrower ,ccured by this �•�`',�•`-
<br /> Security Inxtrun�en�. Unlew.Bomiwcr und Lender uFrcc�o�nher temi+of puyment,�hc�e amiwnt��hall beur int�rcst from the
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<br /> •� dute of dixhunement at tha Nolc r��r und�hull he payaMr.«•i�h intcm+t, upun natic� Im�n Lcndrr tu Borrower reyucsting ::'�;,:�.=
<br /> °' . • pc+yrn�nt. ��:�:',
<br />' 8. MortgaRe Insurunce. If Lender mquircJ murlga�c in+urcmcr a�a ciu�di��on nf muking thr loun securcd by this z, �."�'S:
<br /> � � Security In+tnimrm. Burrower shall pay Ihr premiumti rcyuircd In muinl.�in thr murtgugr insurnnce in cft�ect. Ii.tor ony �3;-,-:..�.�
<br /> � muu�n, rhe mortgugc insurancr covrrngr reyuimd by I.enJrr Inp�c+ ��r ccu�es to hr in effect. Borrower shull ��.�y Ihe W-:�•.;��
<br /> premium�required t<� oblain rovrro�r +uh+tan�i�dly eyuiv:drn� to �he mungu�� in+urance previuu+ly in ei'fect, ut u cosl .
<br /> ' � wbstnntiully ryuivuAm to the ruxt w Borruwrr ot'the mort�agr in.urance pr.:viou.ly in rticct,frorn un uhemutc mortguge ,
<br /> inxurer upprovrJ by Lendre If suh.tunliully cyuivalent mort�:agr inwrnnce rovcriige i.n��t uvuilaM�.Bormwer shull pay to r.•;.�.t_�_.
<br /> Lcnder e:ich month u�um equul to onr-twrlflh of thc yrtirly m��ngagc intiuronrc prcmium t�ing puid by Bormwer whrn the �
<br /> .. . • inxurunce cmeragr lupsed or ccuseJ�o lx in effeci. l.ender will uccept.u�c:m� re�iiin thc,�paymcnt�a,u lu+.rr+erve in lieu ' ��-�ss
<br /> , . � of monguge insurunce. L�►,.re.rrvr paymen��muy no lungrr ik rcyuircd.ut ihr optian uf LenJr�,il'monguge inzurunce , ,
<br /> mverogr lin thc►�m�►un�unJ tin•�hr Fxn�xl ihnt Lrndcr reyuirr.l pruviJeJ M�•un imuror ap�xuved by Lendcr uguin lx�cume� �
<br /> avuiluble and iti��btuincd.Borrowrr.hull piiy thr preroium.rryuircJ 1a muimrin mongage in.urarKe in rt'Icrl.i�r to provide•r
<br /> ` • luss re�crve,umil the rcyuiremenl for mort�+ige in.urimcc eix1+in ncconlunce�viih an}• wriuen ugrermrnt Mriwrrn Borrower
<br /> und Lendcr or appliruhle luw.
<br /> • 9. InKpe�tinn. Lcndcr nr il�agcnt muy mukc rcuwir.�Nk rnlrie.upun :md in+�xcti:m. uf thc Pruperty. L.enJrr shall i.
<br /> give Borrawcr nnticr a�thc tinu uf ur prior to un in.�xrtian+perit'ring rea.unahle rau�e li�r mc in.�x rli��n. !
<br /> .. ,. IU. Cundemnutiun. Thr pr�xccJ.��f�im aw•ard or rlaim tin daroa�:r,.�linct u� run,rqucmial.in cunnectiun with unY ;
<br /> tir.�gk•t�rnul� •-F'annlc�tue�h'rcddlc�1LC l VIFOR:1111ti7'Nl�IF.�'!••1'm�ann c'o�.iwni. 4�411 ,���w•?��r h rr�w•,�
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