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<br /> ��`'�'�-�'-� - periods thut I.ender requlrea�. The in�urnnce carrler providing the inaurunre xhA11 be cho�en by 8arruwcr yubject w l.enJe�k �`�""'`-
<br /> ' upprovul which shull not be unreasonubly wi�hhcld. If BoROwer fuilx tu muinlain cov�ruKe de�cntn:d ubave,Lender muy,ut
<br /> '1i1�� �-' :«..�. •. •1'' L.ender's option,obtafn caveruge to prarccl Lenderk rlgh�,in the Property in uccordunce with purugruph 7.
<br /> �' � 'x All inwurnnce policirs und mnewnl�+hull Fx�ucceptuble�o Lender und.hall inrlude u r�undurd rnnrtguRe rluuxe. Lencier
<br /> •�� — -
<br /> '!�iT�"`^"' � ahull huve the nght to hald the policie�und mnewolti. If Lendcr reyuim�.Borrowcr xhull promptly�sivc lo Lrnder ull mccip�x =--
<br /> ,;;;�;`::�'�g•�;� of paid premiums und renewnl notice�. In the evenl�►f lusw,Horrower sholl give promp�n�nice ta the in+�urance curtic�And
<br /> "� "°h • Lender. l.ender may muke pn�f of Imti if nnt mude pmmptly by B�ROwer. �_�_-- -.�
<br /> � �i��~�r�''�"' Unlexs Lender und BoROwer alherwise ugree in writing,inwurnnce prcx:eeds shull l�upplird tu m,lurAtiun or rcpuir of "�-'-----
<br /> ' � ' �°�`��' the ProQerty dumuged, if the restor+�tion ur �epuir is ecanamically fcu�ihle unJ Lender+ .ecun�y is �x�l Ich,ened. If the
<br /> � � rc4toruuun or repnir is nat econamicully featiible or Lender. securi�y would be lesscned,�he inxurance praceeJs .rhull be �°�=`
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<br /> . , • . � upplied to the sums recurcd by this Security In�trument, whether or na then duc, wi�h uny excess paid to Bormwer, If �-_:---
<br /> - • - . � ^ . Borrower abandans the Property,ar does not unswer witbin 30 duyr a notice from I.enJer thut the in�umnce cumer hati �?:'°�'=
<br />_="� �� • _ ,� offered to setUe a cluim,then Lender may collec�the intiurnnce praceeds. Lender may use the prcxeeds to mpair or rextore !"_"-=--=
<br /> '"� `' . � ° the Pro rt or ta A sums secured b this Securit [nstrumem,whether ar no�then due. The 3(l�du riod will t+e in when
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<br /> �he notice is given. =�•.----- =
<br /> •d >`��,� Unless l.ender and Barrower alhenvi�+e agree in writing, uny upplicution of praceeds�o principnl xhull nat exlend or �����-���,-�-�
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<br /> � � . postpone the due ds�tc of the monthly paymenls referred to in pumgrAphs I und 2 or change the unwum of ihe payments. If �L`--
<br /> �� .. • " under purngrnph 21 the Property is ucquired by Lender, Horrower's ri�ht to uny insumnce policies und proceeds resuUing �:';���=.--
<br /> ` �" • , from dumuge ta Ihe Praperty prior to the ucyuisition shull pass to Lcndcr to the extent of the xumx ticcured by this Sccurity —
<br /> `••.�:�:.::::' .'. .•�,;;�.,:. Instrument immediutely priar ta the ucyuixitian. _--
<br /> �;,;•.��;�`t::: 6. Occupancy. Preservatfon. Maintenance and Protection of the Properly; Bor�ower's Loan Appllcatlo�: "�`"-"' -
<br /> • '- ''�r'� ' '� � - I.w�seholds. Barrower shall occupy,eti�ablish,uixl u�c thc Pruperty u.Burrowrr;principal rr.idence wilhin sixty duys after " �
<br /> ��•":";;� ,: . � .,t•� . the execution af this Security Inxlnimem und.r•hull continue to accupy the Propeny as Borrower's principal re+id�nce for nt `�,�^'��-
<br /> �'`�.;`i:�,`. • •�;�r'•:�i`�._: least one year ufter the dute of occupuncy, unless Lender othenvise ugrees in writing, which consent shull not be � :��: __
<br /> , ,. " unreusonubly withheld,ar unles�extenuu�in�;circ:ums�unrrs exist whKh are beyond Borrower ti cantrol. Barawer rholl not '� _
<br /> � destroy,damage or impuir�he Propeny,ollow the Property to deteriaru�e,or commit wutite on the Property. Borrower sh�ll �,.,,:,���,`-�—
<br /> • ,' `' � be in defuull if any forfeiture nction or proceeding, whe�her civil or criminal,i�begun thut in Lender:goad faith judgment ,�.:'�Y-- �=
<br /> . •" could reault in forfeiture af the Prapeny or otherwize muteriully impuir the lien creuted by thi� Securiiy lnwrument or �;;�;��:- -
<br />. 4 0�'.' '."'"�• Lender's xecurity intere4t. Borrower may curc wuch n defuult und reintitnte,uz provided in pamgruph 1R,by cuusing the action ���_�-
<br /> • �� � or pr�ceeding ta be dismissed with a ruling thut, in Lender's good faith determinotion,precludes forfeiture af the Borrower's ,,t�,,,,
<br /> � " interest in the I'raperty or othcr male�iul impuirmerx of thc lien rmated by this Security Instrument or Lender's securiry _�__
<br />" � interest. Borrower shall al4u be in default if Batmwer, during the loun applicution pracess, �nve muteriully fulse or 'Y�"�,�
<br /> inaccumte infornwtion or c�atemems to Lender lor fuiled to provide Lender wi�h uny material infarmaiionl in cannection with �:��'�'� '
<br /> ' �' the loan evidenced b the Nate, includfn , but nol limited to, re rrsemutiom concernin Borrower'x occu unc of tiie `'+;�"�
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<br /> - Pmpeny ux a principol residence. If�his Security Instrument is an u leu.ehold,Borrower�hull comply with ull Ihe provisions ���L`,
<br /> � of the leuse. If Borrower ucquirex fee title�o the Propeny,[hc leusehald und thc fee title.r•hall not merge unlexs Lender agrees �f---
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<br /> . ta the mergcr in writing. .�.,:.,..,.:._
<br /> 7. Protectlon aP Lender's Rl�hts in the Property. If Bormwer fuil� to perform thc covenunts and agreements '•' •�• -
<br /> •• ' con�nined in this Security Inxtrument, or there is u legul proceedin� �ha� muy zi�enificuntly uffect l.ender; righ�s in the �A:
<br /> �.. �• Prnpeny Isuch us u prcxeeding in bunkn�ptcy,prohat�,for condemnation or forfeiwre or to enfone luws or regulatiom►,then `�:�=�"--
<br /> ,y• • l.ender muy do and puy for wh•rtever is necessury tu protci:t the v:►luc of Ihe Pn�perty und Lender:rights in the Pmpetty. ���"�`'"`
<br />• Lender's uctionx ms� incluJe u in�un wm.ucured b r licn which hu, riorit over thi,Securit In.�rumenl,a urin �����`�T--
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<br /> in court,pnying reu.anuble aui�rneys'i'ce�unJ rmering un�he Pn�Fxny to mukc repair.. AUhough LenJer may tukr aciion ,�,,..�?;�'• `--
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<br /> : under Ihix purug�uph 7,Lendcr Ji►�s not huvc to Jo so. •---..��••-:_-
<br /> , Any umounls Jixbu�xed by l.rndcr under thix parngraph 7+hall hecome uddi�ionul Jebt uf Bormwer secured by this •��r��
<br /> "' �� ' Securi�y Imwment. Unlexs Borrawer unJ Lcixicr u�rce tn�Nher trnm of puymrnt,the�e umuunt+shull beur interctit from thc ,'
<br /> , , . dute of disbur.Kmcnt ut the No�e rute�nd shall t►e pLyablc,with intere.r•t,upun notice fmm Lender ta Bormwcr re.•yuesiing ,,._�,_.. -=
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<br /> „ .. S. Morl�age Insurenre. If Lcndcr r�quirrd mortgacc in.ur�mcr a.u r�mditiun of mukinti the loun+erured by thi.r- •• ;:.,�_ �` `
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<br /> Security Instrument, 8omiwer�holl p•ry�he premiumx myuired w muintuin ihc mimgage imurunce in effect. If, for any •.',�-:__
<br /> •• rcu+on, the m�mFuge in+urnnce roveruge reyuircd hy Lrnder lapse. or rea�rx �o tx in M'frcl, Borrower shull pay Ihe • -_
<br /> •� „ � • premiums rryuircJ �u uhtain covrrugc sub.�un�ially equivalrnt lo the monguge insur�nrc previ��u.ly in effect, u� a co�t a
<br /> subsluntiully ryuivulenl to the co.t a► Biirruw�cr uf tlx mun�.a�r insurunre previuu.rly in rt'Icr�, fnim on oltemute mortgugc "��%`L
<br /> insurer uppnweJ by Lcndcr. If sub�lunliully cyuivalent mungag�in,uranre ruvrragr i�nol available.Borrower ahull p•ry to --�----�_' �
<br /> LenJer r�h m�mth u.um��yual io anr-twrlfUi ul'ihr yrarly nwntiage in.ur.�nce prcmium I�ein�puid hy Borrower when the � ---
<br /> , imurunce co�•rruge lupscd or cr�.ed to Ix in rlTrci. Lendrr will ucrepl.u.c anJ relain�he,c payment,a�•r(u„resrrve in lieu ;,-:,�;i,,=L o`-�—
<br /> ! • �� uf martguge insurunrc. I.o+s rcxrrvc puymcnts may no lungcr tx rcyuirrd, ut �hc option uf LrnJer,if monguge inaurance ,�.,::___
<br /> �,� rovrr•rge lin�hc•rmuunt unJ liir Ihc�ri��l that Lcndcr rcyuirr+l pr���•idcd by an in,urer appn►veJ hy Lcndcr uguin hrromes . ' "*-.
<br /> � �� uvuilublc und i+obluincd.Burn�wcr�hall pay�hr prcrniutm reyuind to maintuin munga�r in�urmxr in cl'frct.ur to provide u '
<br /> � '`'', lo.�rexervc,until the rcyuircment ti�r m�xt�ugc imuranrr rnd,in arrordunce«�ilh nny�erilten agmemcm hriween Borcnwcr
<br /> und Lrnder��r applicuMc luw.
<br /> 9. Inspection. Lender or il�agrnl may mal�.�mawnahlr entric�upuu and in,pection�uf th�Pruprny. Lcndcr�hull t
<br /> , givc Bixmwcr nutirr at thc limr uf i,r prior li�an im�xcti�m.�xcil'ying rc:uonuhlr r:iu.r ti�r thc in.�cliun.
<br /> 10. CondemnalNm. The pr�kerJ�ut'an}• aa;u•J„r cl:um 11,r damuge,.direrl nr run.equrmi��1.in ri�nnec�iun a•iih•rny •
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