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<br /> .,��,��, .,,. periods that Lender require9. Thc intiurance cuRierpruviding the inr;uruncc shull be churen by Barrowcr�ubjcct to Lender?s
<br /> :�.".�,�.�._:.t�r.e•;a .,; upprovol which shull nat ix:unrearonnWy withheld. If Barrower fails to m•rimain coveruge dexrit�rd ubove.Lender muy,at �:'"���'=.-:
<br /> -�=ti-�--�:�=��='�'?'� Lender a aplon.obtuin coverage to protect Lender R dgh�a in ihe Property in ucconiunce with purngrAph 7.
<br /> �''a�'` '''•";�h°�'w�:•, •:ri All insurance policiex and rentwuls xFwll he ucceptable�u Lender und shall include u�tandord mongugc clautie. Lender
<br /> ;� ..�..." •. shAll hnvc the right to hold U�c policiex wx!renewLls. !f Lender reyuirex.Borrower+hnll prumptly givc t�i Lendcr ull receip�h
<br /> ;� af paid premiums and renewul notices. In the everM of luss,Borrower shall give prompt notfce tu tix insurunce currier:u�d �t::,._�=�TM�=�-
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<br /> -- b►��. � Lender. Lender may make praof af losc if not madepromptiy by Barrowe�. �"--
<br /> .�:a�u.�`_'d"`: .:.
<br /> Unless Lender und Borrower ahenvise ngrre In w�iiing,in�urance praceed�;►hull he upplicd to re.turutiun��r repair af _.
<br /> ��*�� �?�,."_1��..�-'. the Property damaged, if�he rewtarAtion or repuiris economicully few;ible und Lender; sccuriry is n��t lessencd. If the �_�_--
<br /> �` � ':�r':�y restorAtian or repair is not econamicully fen.gible ar Lendr�'s security wauld be letikoed. �he insurance proceed.r• shull be � _,_ ,_
<br /> •��'�'w.:�,�:..�.,• upplied to the sums recurcd by thix Security Instrumenl,whelher or not then due, wi�h uny excesx puid ta Born►wer. If � ;:,_..-_-=. :
<br />- �.j�`�,,,�;:;;�,.,u � Borrower abanduna the Property,ar daes not su�swer within 3U Jayx n na�ice from l.ender th�t rhe in�urunce currier has "��:�;�����;�_
<br /> ° .. offered to xeule n rinim,then l.ender muy cullect �he in�urance prac:eeds. Lender moy use�he praceeds to rcpuir or retiture "` "•'•''� ''
<br /> �:�>;:�.;,,,_�,
<br /> r, • : �he Property or to ps►y sumx xecured by�his Security Ins�rument.whether or not then due. The 30•day periai will begin when ; .,�.:_;i.''::L
<br /> the notice is given. -- -
<br />��; ." 4,.,,,,, ., Unless Lender and Borrowe�otherwise ugrce in writing,uny upplication of proceeds to princip•rl xholl not extend or �l�:�-:=-�..�:
<br /> ,, , . poxtpone the due date of Ihe monthly puyments referred ta in par.�graphs I und 2 or change�he umount of the puyments. If �---,_„_,w�_.-,
<br /> under parngraph 21 the Propeny ia ucyuired hy Lender,Borrower's right to uny inxurance policies und proceeds resulting
<br /> ° ,,_ fram damuge to�he Propeny prior to the acquisition tihall pag�to Lender to the exlent of the sums xecured by this Securiry �°�'`:.-'1�
<br /> '' ' ' � n , Instrument immedi��ely prior to the ncyuisitian. �,;:',��.__
<br /> � ' 6. Occapancy, Preservatlon. MAintenance and Protectlon oP the PropeMy: Borrower's Loan ApplicAtion; -�-_=--
<br />'.` ° � Leaseholds. Horrower shall accupy,eslublish,und use the Property as BoROwer's principul retiidence wlthin sixty duys ufter �=�k'�--
<br /> - , - - the execution of this Security In�trument:uid shall continue to cecupy the Propeny as Borrower's principal residence for et �-�="-�;;�
<br /> least une year afler the dute of occupuncy. unless Lender otherwise ugrce+ in writing, which canzent shall not be 'r�;:r=_—
<br /> � ' • ' unreasonably withheld,or unless extenuating circumstzu►ces exist which ure beyond Borrow�r's control. Borrower shall not � ,, ...:'-
<br /> ., destroy,dumuge or impuir the Pr��pcny,ullow the Pmpeny to deteriorate,ar commit wutite on the Property. Borrower,hall �^��'��°'"
<br /> , • � '' be in default if any forfeiwre nction o�proceeding,whethe�civil or criminal, is begun thut in Lender's gaad foith�udgment •-��+a.�«.-�"
<br /> � cauld result in forfeiture of the Property or othenvise muleriully imp•rir the lien created by this Security Inxtrument or _ _____
<br /> t ' Lender'.s security interest. Borrower muy cure such a defuult und r�einstute.a.provided in ps�ru�raph I A,by causing Ihe uction ��, ,�`�.:
<br /> or proceeding to be dismissed with a rulin�e Ihat,in Lendcr's gaod fuith determinntion,precluJes forfeiture�f thc Borrowers �.��*�'�'�-`�'_
<br /> _ interest in the Property or other mnteriel impuimient of the lien creuted by thi. Security Instrwnent or Lender's security �^�-=^='�' "
<br /> ��','; interest. Bortower ,hall altio be in default if BaROwer, during 1he loan application process, gave muterially fAl.�e or " ����T'
<br /> ,. �uti��::'
<br /> • . inaccumte informution or stutements to Lender(or failed io provide Lender with uny material infamation►in connection with d�,.__�..-.-
<br /> � the lonn evidenced by the Note, including, but not limited to, representnlions canceming Borrower; occupuncy of the �""'""�"'�.
<br /> �.�::,,�.�.:_.
<br /> Propeny as n principal resider.ce. If thiti Securiry lns�rument is on a leusehold,Borrower shull comply with All�he provisions �. ,.•_
<br /> - = uf thr leusc. li 8urrower zayuires iee[ide to�he Pmpeny,�he ieuschoid un�i�hn i'cc tiUn.iwii nu�u�ergc uulr:�,Lcu�kr+p:rc�, ���- .�°�-
<br /> to the mer�er in wri�ing. ----
<br /> 7. Protectton of I.ender's Rightx in the Property. If Borrowcr failx to pertorm�hc covenAnts und ugreements '�
<br /> ' contained in �hi. Security Intitruinent,ur there i,� legrl proceeding ihat may xigmficantly uffect Lendrr's riRht, in the �:;. ' '�i`
<br /> . Propeny(surh s�s a proceeding in bnnkrup�cy,proha�r, f�xcondemnatiun ur furteiture or lo enfuRe lawx or regulutionzl,then -'''-�-`5`'�`---
<br /> l.ender muy do and puy for whutever is nece.sary b prwert�hc vulue of�he Propeny and Lendcr:rights in�he Propeny.
<br /> • � ' Lender:uclions muy include puying�ny sums,ecured by u lien which hu.prioriry ovrr this Security Instrument,uppearing �'L��3�
<br /> • ' in coun,pnying rea,onublc uuorneyr'feey and entering an Ihe Pmpeny to mukc repairx. AUhaugh Lender may take uction ___�U?'
<br /> , under this purugruph 7,l.cnder dcex not have t��do+u, �..�54.';�'i=_
<br /> �';�a�-�._
<br /> Any amounh disbuned by LcnJcr under�his purugruph 7 .hull lxcumc udJitiunul debt of Borruwcr tiecured by this *,�„4�ta�.�.
<br /> - Security Imlrument. Unless Borcowcr anJ Lender agrcr la uther Icnn+oP paymcnt,�hese umourn�shull brur interetit from the . �
<br /> date of dixhurscm�:nt at the Nnte rale w�d ,nun ne�uy;�ni�, with intercsl. up�m notice from Lender to Borrower reyuesting . . -
<br /> .. puyment.
<br /> „ S. Mort�age Insurance. II'L�nJrr n�yuired mixlEuge in.ururxc a+a cunJitiim��f making tlk loan tiecured by this x _
<br /> , � Securiry Inslrument, Borrower+hall pay tlx pre�nium,reyuireJ tu maintuin Ihr mohgage in�urunce in effect. If, for uny �°
<br /> reuson. �he martguge in+urunce rovrrugr rNyuir�J by LenJer laptic. or cru�e. k► t►r in eftect. Borrower tihull pay the -°
<br /> �' � prcmiums rcyuimd to obwin covcragc�uh.tunliully�yuiv:�l�nt t�► thr motlgagc inwruncc prcviiw.rly in rt'icct, a1 a riixt " ' -
<br /> ' substantiully equivalent to the crn��o Bmrower ot'�hc nx�ngugr in.urunr�prcviuu.ly in et'fect.Frum an ulternatc murt�euge ,, `s._
<br /> • , • insurer upproved by Lender. If suh.tumially cyuivaknt mortgage imur•rncr ruvrragr i�nc�t avuiluble.Borrower.hall pay ro . ;.:��;..;r,;;;, —
<br /> ��n.,. , Lender each mon�h u sum cyu•rl to onc-twrlith ui'�hc ycarl� mongagr in+urance pnmium Ixing paid by Burruwer when the __�<�.'�=="
<br /> insuruncr coverugr lapxed or ceusrd ti�Ix in�f'1'ec1. Lrndrr will uccrpt,u�r und retuin thr,r paynknt+n�u lass rcserve in I ieu "''i:`:':r,,.:
<br /> . , of mong�gr in.uranre. Lo,s re.ervc p•rymenh muy no longcr lx rcyuired,u�thr uptiun uf LcnJer,if murt�agc insurunce .. - —
<br /> • coveruge(in the umounl unJ for Ihe Exri�xi that LctMler reyuirc.l provideJ My an imurer approveJ by Lrnder uguin become, � • - _
<br /> � � . uvuiluble und i�obluined.Borrower+hull p:ty thr premiwn.rcyuir�d ti�muintain nwngu�r insurunce in effect,or to pmvide u
<br /> ' � .: los.reservc,until thc reyuirement far inung�ige in.urance end.in accunlunre wi�h any wriuen:i�:rcemem lxtw•cen Bormwer � �
<br /> und Lcnder or upplicablr law.
<br /> ` 9, Inspection. LcnJcr or i1s;��;cnt rna} makc rc•r+onuhlr rmrir�upun :md in+p�rti��n+uf thc Pruperty. Lcndcr�hull �
<br /> give Burrowcr nolice ut Ihe tim�ul'or p�ior tu an in.�cti��n.�xcifying rea.onaMr cau,e li�r�he in.�xrtion. "'
<br /> , 10. Cundemnallon. The pnxred.��f any a�►att1 ur�lairo tur d:una�!e+,dirrr�ur ron.eyucmial,in runnectioo with uny ,
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