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<br /> �;.,,�`�T�h' pericxis Ihut Lender requircri. Thc insurance cutrfer providing the insurunce�hall be rhasen by Bormwer subjecl tu l.cnder ic ��,Y, �
<br /> �-?�t;�:,:. , approval whkh xhall nut be unrco�onubly withheld. If 8orrower fails�a muintain raveruge described ulx�vc,L.cnder muy,at
<br /> �`°'�������. "A Lender x option,abtain caveruge tu protect Lender�righla in Ihe Pirupeny in�ucanlunce with pura�gruph 7.
<br /> ��b •�ti:.�" �_'`�`"`:.�'��`'• ; All insurunce policie�:and renewul+��hull be acceptuble to Lenderand tihall include u x�undurd me�rtgage rlause. Lender
<br /> ° '''""� �� ahull huvc thc right ta hald the policies und renewuls. If Lendcr rcyuires,BuROwcr zholl prixnplly glvr io Lcndcr ull reccipix _
<br /> �`�.'�•',.'.'�""'S'�" • ` of paid premiumx und renewol naticec. In the cven�of lo�s,Burcower shull�tive prnmpt notice ro thr inxurunce rurrier wid —•---
<br /> " ^'�'�'"' ' L e n d e r. l.e n dar mu y makc�roof of loyr if nu1 made pmmptly by BoROwer.
<br /> p� �-?;r—'�'�� � Unlcss Lcnder und Borrowrr i�therwi+r ugree in writing,intiuru�uc prixecds tih•rll bc upp lie d lo re�torat ian or repa i r n f �-._ -_ _
<br /> � �•r. -• :;,�: ;, the Propeny dnmaged, if�he rex�oruti�m or reps►ir is ecanumicully 1'eu,ible und Lender..ecurity is rxH letixened. If ihe -
<br /> ' ' " restaratian or reauir i.nat ecanamically feavible ar Lender+ securUy woulJ Ix lesa;encd,thc fn,urwicc proceeds shul)bc =
<br /> � '� • ^ upplied�o the tiums xecured by �hix Security Inwtniment, whether ur nut �hcn due, with uny caceti. puid to Borrower. If ---
<br /> - �:� .. �'`' . ° Borrower abundons the Property,or due4 not unswer within �0 dayx a natice from L.ender Ihul Ihe insurance curtier hus _�
<br /> =-- :,; � offered to settle a cluim,then Lender muy colkct the in�urunce proceeds. Lender may uxe the pr�►ceedti�a repuir or restare `_
<br /> ��� the Property ar to puy rum�secured by this Security InxtNment,whelher or no�then due. The�0-day period will begin when
<br /> ,}; • . =----
<br /> the natice is given. ` ` —
<br /> - �� ' Unless Lender und Bortawer oiherwise ugree in writing, any uppliculion af prcxeeds ta principul shull nat exlend ar �u""__
<br /> `� "' postpone the due da�e of the monthly puyments referred�o in paragraphr 1 ,uxi 2 or chunge the umuunt uf the payment�. If ____-,__
<br /> �A . o ., -• under parngraph 2) 1he Property is ucquired by Lcndsr,Borrawer: riFht to;u�y insurance palicieti und proc:eeds resulting — -
<br /> '�� � � - from dumage to the Propeny prior to th�acyuisUion tihall p:uti ta Le�xler to the extent of Ih�sumx rxcured by thiR Secur�ry ____
<br />-�.:� • - • Inxtroment immediutely prior�o the ucyuirition, ' ��
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<br />�..:, � � 6. Occupancy. Preservatlon, Mpintenpnce and Protection of the Property: Borrower'a Loan Applk�don: �:_..
<br /> - .. - _ LeASehold�. Horrower 4hull occupy,etitublish,und use�he Propeny uti Borrower's principul re,ideni:e within sixty dnys ufler
<br />- ' .. the execution of thic Securily Inslniment und tih;�ll continue to�xcupy the Propeny us Barrower+priacipnl residence fur ul Yir�L�.:-=-�
<br /> lea+t one yeur ufter the dute oi accupancy. unless l.ender otherwise ugrees in writing, which consent shull not be
<br /> unreasonubly withheld,or unless extenuu�ing circ:um�tances exi+t which ure tieyond Barrower's cnntml. Borrower chall not W� �•
<br /> � � des�roy,damage or impair the Property.ullow ihe Pn�perty lo Jeteriurute, or cummit wustc un thc Property. BaROwer shnll � . , . -
<br /> be in defauU if ony farf'eitune uc�ion or prc►ceeding,whe�her civil or criminul,is begun thut in Lenderti gaad faiih judgmen� '_�"-"�``
<br /> . cauld resul� in forfeiture of the Propeny ur othenvise muterinlly impair �he lien creutcd 6y thix Securiry Inxtrument ar ����_
<br /> " ° � Lender's security ioterext. Borrawer muy cure ruch u default und rem�tate, us provided in parugruph Ili,by cuusing the uction =___
<br /> `'�°" or proceeding w be di.misxed with a ruling thu�.in Lender's g�wd fuith cletertninu�ian,precludes forFeiture of the Borrower z �_T__
<br /> ' intercst in the Property or olher muteriul impairment o(the lien creuted by this Securny Instrumrnt or Lender's security _ _ _
<br /> `" inlerest. Borrower shull ulso he in defuult if Borcower. Juring the loan upplicu�ion process, gave muteriully fulse or _
<br />• � ' inuccutute infortnutiun or statement+to Lender(or failed w pmvide Lcnder wi�h any muteriul information)in connection with =__
<br /> , the loan evidencrd by thc Note, includinti, but nut limited to. reprc�entA�ions conceming Borrower's occupuncy of the
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<br />•: . ----== ---- F�operty as a principa!re�:idence. !f thiti Sectsrity lns�rumen�i��,n a leu.ehold.Bortower tihall complY wilh all the provisions
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<br />. � . of the Ica�c. If Born�wer ucyuirex fec IiUe to thc 1'ro�x:rty,the leuschold und Ihe fer tille shall not merRe unlesw Lender agreez
<br /> . to�he mergcr in�vriling. v�'�
<br /> ' � •.' .' 7. Protection aP Lender's Ri�MIs in the Property. If Barrowcr Failr to pertorm the covenunlx and �+greements
<br />. • �' contnined in thix Security Inrtrument, or there is u Icgul pra:eeding th:�t muy signi�cuntly utf�:l Lender� righlx in Ihe r y�.a
<br /> ,� .. Property l�uch u.�u proceeJing in bunkruptcy,probute.for condemnution i�r fort'ei�urr or to enforce laws�x re�ulationx),then ���`-°'
<br /> ' Lender muy da und puy for whatcvcr is nece+wury to protect the vuluc of the Propeny und Lenderi:rightv in ihe Prapeny. _�
<br /> • Lender�uction+may incluJe paying uny+umx serured by a lirn which huz prioriry ovcr�his Security Invtrument.uppe�ring _________
<br /> • �� in wurt,puying reusonablc unomcyx'fee+anJ entering nn �he Propeny to mukc repuirs.Although l.ender muy wke ac�ion ____
<br /> � under thix puragruph 7.Lrnder Jocs not huvc to do so. �---
<br /> � Any umoun[�di.burtieJ hy I.ender under thi�purugruph 7 .hull hecomr udditional det►�af Borrower secumd by�hi� �`�'''_=`-"'`_
<br /> . Sccurity Imirument. Unlrti,B�►rrawcr unJ Lcixler ugrce tc►u�her�rrtn+ul'puymrm,these umounu shull hear intere,t from Ihc _ _ _
<br /> . dute of dixbur,rmcnt ut thc Nute rutr und shull hc puyahlc,with intemM, up�►n nwice fram l.cnder to Borrowcr reyuesling ��:;;,�
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<br /> payment. �,r;,.�..,",
<br /> ' . S. MorlgaAe Insuronce. !f Lcndcr rcyuircJ mort�u�tc in�urancc ati a cundition uf muking the loan �ecured by this �.R_-�!
<br /> Security Inx�rument, Borrowcr �hull pay thr prcmium+rcyuired k� muintuin thc mongagc intiuruncc in rffec�. If, 1'or any �S{:�Y_
<br /> ' reuran, the mongugr insurimce cuvcr,ige rryuirrJ hy LenJer lapse+ ��r rcu�e+ to Ix in c:ffect. Bom►wer shull p�y the ��„����
<br /> premiums reyuired �o ulxuin ruvcruge sub.iantially ryuivulem to the ntun�eagc in+uruncr pnvioualy in rt'fect. :11 S1 C051 s��--=^-'
<br /> ' � subrtantially cyuivulenl to the cos� io B��rrawer ul thc monEage intiurunce prrviuutily in effect. from un ahernatc mortgage �� �..��
<br /> ; . insurir opproved by LenJer. If�ub.lantiolly cyuivalcnt murtgugr in.urun�c rnvcrugc i+nut vvailublr.Horrowrr shull puy to � r
<br /> Lendcr each month u�um c uul to onr-twclf�h of�hr carl mun�+��r imurm�cc rrmium Ikin �iJ b Borrower when Ihe ;'�"=--.
<br /> y Y Y b b P R P' Y ;_r�--�:
<br /> insuruncc rovcrugr lupsed orceascd�o tx in rfl'cr�. Lcndcr�vill accrp�.u�r and retain thrsc puymcnt+a.v lo.ti R.erve in licu ; .�"��_�
<br /> , •• .� ot'moAgugc in+ur�nce. Lo�s rcscrvc puymrmti may tx�kmgcr Ix rryuirrd.;�t Ihe upliun nf LenJrr, ii'mortgage insurunce �Lx,�;;;;: '
<br /> � � coverugc(in thc umount and I'or Ihc�ruxl that Lendcr myuirr.l pwvide�i hy:►n in.urer u�rovrJ by Lender uguin become� ,';;,`�;,t::,;:�
<br /> � uvuilnblc:md i,iiblaineJ.Bom►wcr.hull pay thc premium,ni�uired t�,mainlain rourtgage imuruncc m effcr�. �tt tu pn.vide•r
<br /> ' • , loti�re+crvc,until the mquircmem for mortga�r in.urarkc cixls in arr�►rdunrc wi�h uny wriurn a�recmem hrtw��en Hornowcr
<br /> , �' and L�ndcr or upplicaMr law. ' .
<br /> � , � 9. Inspertiun. l.cnJer or ii.•rEcnt may nr.il,r rra.�mahlc cntric.upun;mJ in.pecuun,i,f the Pn,�xny. l.rnJer+hall 4
<br /> , . . glve Bnrn�wcr nolicr aI Ihc tinm uf or prior tu:m im�xrliun ti�xril'yin�t rca.un��M�ruux ti,r thc inti�xrtiun. [�
<br /> . ' 10. Condemnalinn. Thr pnxred.at :m�•aw:ird ur�•I;nnt I�x Jam:i�r�,direct ur run+ri�uential.in cumt�ctiun with;�ny .
<br /> tim�;lr I��nnl�-�Fannle\fae�P'reddk�luel'\IFIIR�t IVti'I'Nl�1h:�'1' �l'uUunnCuccn:mt. y�W �►x�.vr +�,lr�l+ie�'�i
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