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<br /> • pericxl,�h�►1 t.end�r reyui�s. "i he iuyuraike c+rik�W�.��iding thc in�ura�irr.hall t►e r1x��en h�Bcrrowrr wb}cr1 tn Le��rt `
<br /> uppn�val whirh.h�U ix,t be unrei+cxlahly withtulJ. 11 tturr.�w•er f•rih tu�uaintrin c���•cr;tge de�ari�l�tan•r. l-enckr myy.ut
<br /> i.e�uu�:.�j��r�,r.:::::ir.c^;,era�;p��,+n+�n�c I.e�Kler�righic in the!'mEx ny in acccxd�uuc w ith paragruph 7.
<br /> . All insuru�xe puiicie��uxf renew•+i��h:►11 b�+uccptabfr tn l.cnder w�ui�t�au i�uiudc a�t:u�da�u���•:�gag•�lau;r. l.r:�±°°
<br /> �h;►il ha�•r thr r�ght ta M,iu�i�{x�iicic.a.�s r:r.c�:�al.. !t'Lcixkr rcyuir�s.Burruu.�er.hall prom{xly give tc�L encier all rereipt+
<br /> ui'p:.�id prcmium�xtxl re;x�wa1 iwiices. !n thc ecrnt c�f lo��, Borrower�hall�ive prexi�pt ni►iice[o Ihr inwranee carrier�ki _
<br /> L.rrs�kr. Le��c#c�nuy nta�;e pronf of lo..if ikK mxtr pr:xnpti� b}�kin.*ruwrr. --
<br /> Unlec�Lrixtcr iuul Bcxruw�er�ul�erwice agrce in wridn�,insur��ee{�rcx�eec3��hali he:�p��lied tu reat�Nation ur rcpai�of �_
<br /> the Wr�rty dan�agcd, ii ti� r�.torati«:: ar repsir is emnc�nucal{y fe:��ible ai►i1 i.c�ulcrs xcurity ic niu le�uned. IF thc =-
<br /> r��toraticu��x rcpair ic nut ecaiamically f:asib� u�Lender� securi�y w•ould be Ie�arned. the in.ur:uue Eua�ccd� .lulE b�
<br /> applied to the sum��ecured by A�i.Secu�ity In�tsument, whether�u ncu then due• w�ith any excess paid to Borrower. lf
<br /> Bacrou•er uhanckxi��►�e 1'ropcnY• or dc�eti iwr an�wer within 30 ci:►ys a ncuice from Lender that the insurance carrier h��
<br /> offercd t���ettle a elaim,th�en 4ender may collect the inuwr:uue proceeda. LerxJcr ntap u.se the pmceed�ta repair ar ressorc
<br /> t���.�y����y�u��u�ure�by thi�Security Insuument.µficther or�ot then due. Th�s 30-day perial a•ill begin when
<br /> the iu�tice ic givcn.
<br /> Un{es� Lencier;uid Batower oihera+i�e agrr•e in writing,any �pp�ieation of peoceedc to principal siu�ll n�t exten oc
<br /> poatponc th�due cfate af thc manthly payment�►'efermd ta in p��a�rapi�a 1 an.12 or change ti�"-amount of thc payments. If `
<br /> under E�agraph 21 1he F'rW�enY �s uc9uired by t..end.r, Bonower�right to any insurance poticies and proceeds resulting
<br /> fro�n dan�e w the Propeny prior to►he acqu�s�t��n'h'U Pass�°Lender to the extent of the sums sec►u�d bY this Security _
<br /> Instrument immrctiately p:�cx'to the;uquisition.
<br /> 6. ()ccup�acv, Prese�vytioo. Mainten�ce aad ��rtvac�Bo�rowe�wincyp�lBrcsidence with�pixAty day�s��
<br /> 1RASCbo(QS. t3orroK�cr�nati an�.uyy.t�tM�1�s�...,s:..sse!!t ---. •
<br /> the execulion of this Secwity instrumcnt:u�d,shal�continue to cecupy che f'ropeny�Boirower's principal resiaence for ui
<br /> lea.�t o+:e year ai'ter the d�te of occupancy. unteas Lendec otherwis.. �grees in writing, which conse�t sF�all not be
<br /> uru�asonably withlxld,or unless�:xtenuating circumstances exist which ure beyo+�d Borrower�control. Borrower shall not
<br /> destroy,damage ar impair the Property.al�ow the ProPeriy to deteriorate.or cammit wa.cte on the Property. Bocrawcr shall
<br /> be in default if any forfeuiu+e accion or Y�u�e�3;r�a.wt'»s1s�:civi!er rri!�inal,ic beeun thai in L.cnder's good fcith judgmcnt
<br /> could result in :orfeiture of the Property or other�'�se muteris�lly impair �}se licn createc! by this Security Instrument or
<br /> Lender�securiry interest. Bortower may cure such u default and ceinstate,as provided in paragrapt►�8•by causing the action
<br /> or procetding to bc dismissod with a rul►ng that,in Lender S good faith determination•precludes forfeiture of the Bomower§
<br /> interest in the Property or other material impaicment of the lien ereated by this Security Instrwnent or L.ender's securiry
<br /> interest. Botrowtr shall aiso be in default if Barower. durin� the loan application peoces-c.gave ma�erially false °r
<br /> inxcurate infumiation or statcments to Lender(or failed to provide Lender with any material inf�armation)in connection with
<br /> the loan evidenced by the Note, including. but not limited to, representations conceming 6ot'rower's oecupancy ef the
<br /> Property as a prineipal resid�nce• 1f th��Secun�Y Instrument is on a leasehold.Borrower sha11 cc�mPly w•ith all the:provisions
<br /> of the lease. If Borrower acquires fee tide to the Propeny,the leasehold and the fee tide shall not mcrgc unless L.ender agrees
<br /> to tbe mergee in writing. If Bom�wet fails to perfom�the covenants and agreemcnu
<br /> 7. Protectio�of Lendt�'s Ri�hts ia the Pooperty.
<br /> contained in this Security Insuument. or tlurc is a legal praceeding that may significantly affect L.enderY righu in the
<br /> p�.o�Ky���a proceuling in buil;ruptcy.probate,for condemnation or fafeiture or to enforce laws or regul�tions).then
<br /> Le�kr may do and pay for whattver is necessary to protect the value of the Property and 1.ender's riRhis in the ProPerty
<br /> __ L�..,w,,,.+...���.n..,v.include n�yinct atLY suttu secured by a lien which has priority over this Stcurity InsuumentN�appear�nng' .
<br /> in cau�.�ying ;zasa:tiablc atta:aeys'fees and enuring on tt►�flroperry m maie n��:�,�.i,...,..�..-...........sn-; — -
<br /> u�Ier this p�ragraph?.l.ender das not have to do so.
<br /> Any amounts disbwsed by Lender ur►der this paragraph 7 shall become additional debc of BaR°wer secured by tltis
<br /> Security Inst[ument. Unkss Borrower and Lender�gree to other temis of payment.these amounts shall beur interest ftum the
<br /> date of disbw�sement at the Note rate and shaU be payable,with i�ueres4 upa►�ce from Lendec to Borrowet roquesting
<br /> �gnt
<br /> , M�gy�]�nce. If Lencler required mortgage insurance as a caxlitiai of making the�oan secured bY t}us
<br /> Secwity instnunent.Barower stiall pay the premiwns required to�ain the°�°ngage insuranc.'e in eNxG If.for any.
<br /> rcason, the rttortgage insurance cov�rage raquind by I.ender lapses or esases to be in effeet, Bc�rowu�tts�11 Pay the
<br /> pKmiums roquired co obtain coverage substuitial[y equivalent to the mortgage insursu�ce previously in effec�ac a cost
<br /> substantiallY equivaknt to the cou to Bormwer of tt�e mortgage insurance pc+e�iously in effect.from an altemate matBaB�
<br /> insurer approved by Lender. If sub�tandally equivaSent mortgage insurance cocerige is not avail�ble,Bomawer stwli pay to
<br /> Ler,ckr cach month a sum equal w one:-twelfth of the yearly mortgage insurincx Premium Ixing paitd uy B�%v�°t�
<br /> insuruxe cov���{aE,x3:,:tc�:ed te�:n effert I.rn�ier wili accept.use and rcta�n ttiese paymen ��r
<br /> of mortgage insuraoce. Loss reserve paymet►ts may no longer be requircd.at the o�tion aF I.ender.if monBage
<br /> coverage(in the amount�nd for the period that Lender requires)provided by�n insurcr approved by l.endet agtia becomes
<br /> available and is obtaiaed.Barox•er shall pay the premiums required to maituain mottgage insurance m effa:t,or to provide a
<br /> loss reserve,until the requiremau for nwrtgxge inwr�nce e�ds in accord���a°Y"'�'nen agreement between Bormwer
<br /> awd Lender or applicuble law.
<br /> g, Iaspect{ou. Lender or iu agent may ma�:e ceasot�able entries upon and inspections of the Property i.e�es shal�
<br /> give Eorrower notice at the time of or prior to an inspecaon sPec�fYinB*�asonaWe cause for the uupecdon•
<br /> 1Q Co�odemustioQ. 'itu Proc�eds of any av��d or ct�im for dunages.direct or consequendal.itt eonnection with�ny
<br /> SiaY{e F�mily--Ftiek MasEl�Wie Mac UNffORM INSTRUAt�1VT—Uoil'o�m Cove�w+ts 9J9�1 (pa�e 3 ojb paaesl
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