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<br /> � . �� � � 92- 10253� = - --
<br /> � �.�+,.; {xricxlti�hu1 l.cn�kr r.yuirz.. Thc inrur�ncu rumcr pmviding the in.urunrc+hull tk rhuxn by Borr�►v►cr r.ubjccl w Lcnder4 �', ______
<br /> �'�+ '• • upprovul which ahull not he unrcu,�►nuhly wilhhrld. If B�mawrr fuil�tu muimuin covcruge dcuriheJ ulx�va Lcnder may.ot — =
<br /> ' ' '• ' ,ar ,�,w LenJer+option,ot+tuin coveragc lo prutec�LenJcr�right.in thr Pti�perty in uccordunce wNh parngruph 7. _ _
<br /> � e All io+uruncr polirieti und renewul+�hull tx u�ceptuhle io Lender und+hull include u�IwKlurd mungo�ee clautie. Lender ___.
<br /> � , ,hall huve thc right�o hc�ld ihe policic.und renrwul�. IP I.endr�rryuirc..Borrowcr+hall pn►mpdy givc tn Lrnder ull rcceipg
<br /> ' , ,a��:- uf paid premiums And nnewal noticeti. In Ihr rvcnt nt�lu��,Borcawcr+hull givc prampi n��Ncc m�hr in.ru�uncc currier and ___
<br /> .. LenJrr. L�ndcr muy makc praif oi lo.,it'n��nuxk pmmplly by ��rr�+wcr.
<br /> --.. . , • � _ -- Unlc,+l.ruJcr anJ Bunow�r uihcrwi,e.�grcc in w�itin�. iu+ur:uice pr�kced+tihall bc upplicd ta rc,��,rmion ur mpairnt' ��- _av��_
<br /> ° ' •� the Prapehy dumaged. if the resturutiun ur�rprir i,erun��micully 1'ru.iMe anJ l.cnder� �ecuruy i+ nul Iea.ened. If ihe
<br /> ., � '� , re.�urutian or repair iti not ec�+numically tca+ihlc or Lrnder: scrunty wuulJ Fx Ir�scneJ. thc inwruncr pr�xredti rhull 6e
<br /> � ' � • upplieJ io thc sumti +ccured b�• thi� Se�uri�y In+irumeM.wheth�r or not thrn Juc, wiih uny cxrr�. paiJ w 8om�wer. If �,;.---
<br />• `` • � ' Borniwer uh�dons �he Pr�prrty.or dix� ni�� unrwer wi�hin 30 duys a noticr G��m Lrnder tbui �hr imurunce eurrier ha�
<br /> ' •• nffered to�eule a rlaim,�hen l.ender muy c��llrri�he in+urunc�prixrrJ�. Lender muy use the pnxerJs�o rcpuir ur n:titare �-'
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<br /> ° thc Prapeny itt to pay.r•um�ticcured by thi.Sccunly Inctrumcni,whe�hrr�ir nut then Jua. The zl1•day Ex��nl will hcgin whan ___._
<br /> thc noticc is Fiven. �•��=`=_�".
<br /> . Unlexti l.under and Snrtuwer otherwi�e u�rce in writing. uny upplic•rtion al' pmceed�. to principul+hull no�extend or �,�
<br /> ' � pntitpnne thc due Jme of the manthly paymcnt�referted to in parutiruph� I and:ur chung�the umoum ol'Ihc payments. If � — _ ��
<br /> under paragruph 21 �he Property i�acyuir��d hy Lender. Bnm�iw•cr'+ right�o uny inrurnnce {�liciex und pr�x:eedc resulting �k==��� =
<br /> Gom dumuge to ihe Propeny prior tu thr ucyui+iiM►n xhull pa.s to Lender to the exiunt of�he+um.�cured by thir Securily ___
<br /> ' Instrument immediutely priur to the uryuitiitinn. _ __ __.
<br /> 6. (kcupAncy. Preserv�lion. Maialenanre �nd Pruteclian oP Ihe Property; Burrower'g I.oun Appllcation: _----
<br /> • - - . IRASCIIOIfIs. Bcxrower shull�xcupy,etitabli+h,wd usc thc Propeny i�+Borrower: principal rc+idencr wi�hin sixty duys ufler
<br /> the execu�ion of this Security In.irument und ,hall con�i�ue�o�xcupy the Piro�rty us Borrowr�'s prirnipal residence forut �,.��::
<br /> lea.gl one eur ufter the dute of occu anc unlcsc L.eneler otherwi+e u rees in writin which cun.ent �hull not be '�=
<br /> y p• y. k t�� �'.��,::. �
<br /> � unreasonubly withheld,nr unle.+rxtenuuting circurnswnce+rxi.r� whirh ure heyond Bom�wer's control. Horrower�hall not
<br /> .' . devtroy,dumuge or impair thc Pra�xrty.ullow thc Prnperty to d�teriorute.ur crnnmit wuste un�hr Propeny. liorrower +lull .,: r -• --
<br /> " be in def•rult if nny iarf'eiture action or prcxeeding, whether civil�►r crimin•rl,ix Negun�hut in l.endcr:F�xKI fuith judgmen� `:'v=�
<br /> - �� could result in fortciture of the Propeny or olhe�wi.e mairriully impuir Ihe lien createJ hy this Scruriry In+trument or `ri�::°'�-_.
<br /> �'� Lender's xecurity interc+t. Borrowrr muy rure such udefuult und rein+�ute,us provided in purvgruph 1li.by cuusing the uclion ^''"r* ' �-:�'
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<br /> + „ , .. or proceedinF to be dismi+sed wi�h u rulin�t�hut,in Lcndcr's good t'uilh determinut ion,precludes foriciiurc��I'�he Borrower's :
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<br /> ' interest in the Piroperty ar rnher muteriul impuim�em��f the lien crcatcJ by thi+ Secunry Intitrumcru ar Lender+ +ecuriry ��
<br /> ' intere,t. Borrower tihull •rltio tx in Jefault if Bc�rtower, durin�! th�: loan upplicution pra:ex,, guve muteri:dly ial,e or ��
<br /> inaccurute ini'�►rmaiian�x+tutemenl.toLcnder(�xfaikd to provide Lender with uny mu�eriul infortnu�ionl in connection with 'r•�_
<br /> �� ' the lo:u� evidenced by the Note, inrluding, hut nal limiled to, reprc�emu�ions coneeming B�uwer� occupancy of the ; .• �
<br /> -- ---- I'm •rt�a�s sincipa! rtsidence. !f thi,S•_�ct�rity Iri�m�nicn�i���n:�le,�.ehnld.Hnrrowcr shull comply wi�h uU the provisions _�' � �
<br /> - F� 5 P ..� _?•.... -
<br /> ',�l' � of thc leuxe. If Borrowcr ucquirr.f'er li�l�Io thr Pre�perty.�he IruschulJ und thc fec tiUe.hall not mergc unles,Lender Agrces ��� ;;:�,::,
<br /> „ to�he merger in�vriting. '' ~
<br /> 7. protection �P Lender's RiRhtx In the Yruperty. It' E3urrower f'ail+ to prriixm the covenanu und ugreemcnt+ �t��;�. •
<br /> corn�ined in lhix Securily Imtrumrnt,ar Ihcre i� a Irgal pr�xeeding �hul muy �i�!n�fw•rntly affect Lenderti rights in thc ���','
<br /> � Pmpeny I�uch as u pr�ccding in hankruptcy,pmhatc.tiir condrnma�ion ur tiirtciturc ix io rnf'orcc luwc or regulaiion,).thcn �,„�•w,,�+:�,_,
<br /> Lcnder muy do und puy fur wha�ever is nece,wry to proicrl thc v;►lue af thr Prapeny und Lender�right.r in Ihe Propeny. , :-:�.:,�
<br /> Lender�actionx may include paying uny �um.+�rurcd hy a licn whirh h.�r priority uver�hi.Serurity Imtrument,uppeurinF ,' ;�`
<br /> ' in court,p•r in r�asonuhle auorne .r'1'ecs•rnJ��n�rrin• on Ihr 1'ro n �o muke m uin.Althou h Lender ma iake action .�=.�:�-,--- '� '
<br /> Y � Y !- I� Y p 8 Y �a.�!•;• ccys..
<br /> under thi�par+�gruph 7,Lrnder doc�nM have to�k��o. '�� �
<br /> Any amoun�x ditihursrd by l.ender un�lrr ihi.paragruph 7 ,hall Ixrumr aciditionul d�bt of Burn�wcr�ecured by Ihi+ .«...�:.f�,�; •
<br /> Sccurity Inslrunknt. Unlr�s Borrua•cr und Lrndcr:�Errc a��nhcr�rmi+uf payment,the�e umountti�hull bcur intrrext from ihe � � ..s:".�'-:=
<br /> , . dute of disbur.emrnt al lhc Note rut�anJ +hull br payuhlr.with imrtext.u�x►n nutirr I'rom l.rnder to Bortower requcxling '� . ,
<br /> payment. � '. _ �
<br /> ' 8. MortgaRe Insuranre. If Lendrr rryuiR d ntuhgtitir in�ur:mcr as a condition of maAing �he loun�ecured hy Ihis �.; •;.;; .,• �...L:��ry.�
<br /> Security Instrumcnt. Bixrower.hall �w�• the premiums rcyuirrd lu maintain 1he mnng+i�:r imurunce in effect. If, for any � � -;�y1�,�:��--
<br /> ', reuuin. the mon�;ugc in.urunc� covcrugr rcyuirccl hy Lrndrr lap.r. or rr:ue. to Ix in effect. Borrower shull puy Ihe R�'�` . , ;,,�.-°�.
<br /> premium+ rcyuimd tu obtuiu c�wrragc ,ub.tami,�l ly ryuivalcnt tu ihr murtgu�:� intiurrncr prrvioutily in ct'i'rc�. ut u cost �.'i4`,;�^�;l,_�
<br /> ' substuntiully cyuivulent lu 1he co.l tu Rarn��vrrof the mortgu�r in.ur:mre previuu�ly in eflcrt. frum un allern•rte mori u e „ �'�•�. _
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<br /> insurrr uppmvrd hy LrnJrr. If,uh.uxuiall�•ryuiv alcnl mongagr in,ur:ux•r cuvcraEc i,nut avuilablc.Bortower shull puy lo ��•-�-�w�
<br /> . LrnJer cach munth a wm cyual t�i onr-twcltlh uf thc�curly mort�!agr in+urancc��rcmium Fxing paid My Barrower when thc . . _i"....,.Y.,....."''-.
<br /> „ insurance rovrrage IapseJ ur cea+rJ to Ix m�I'Icci. Lender a ill accep�.uyr;�nd rrtain the+c p•rymenh i�s a lo„rrserve in lieu T•:�-••.
<br /> of morlgage in.urance. Lu.. re,ervr p:�ymrnl.ma�•nu lunger tx rryuircd. a�ihr upiiun ��t Lendrr.il'mnngage in+urnncc = - ` ,•
<br /> � covcragr lin tix amuun�and tix thr�xri�id thai Lrndcr rcyuirr.�pravidrJ hy an in.w•rr�irrn,vrJ hy Lendcr:�Euin Ixcomc� � :'�'•'":'
<br /> . uvailublc und i,ahtuined.Bon•u���rr.hall��a�• Ihc premium.rryuirrd ta mainlain nian�:ug�in.uru�kr m cffcc�.or�a providc u �.
<br /> loti.r rrscrvc,unlil thr rcyuircmrnt tbr mun�u�c in�ur�►nc�rnd�in arcordancr ai�h am} �vriucn:�grcemcnt tktwcrn Horruwrr •
<br /> and LenJcr or:�rri��.�ni�i�,�.
<br /> 9. Inspection. l.enJer ur it� aE�nt m:�y ma{��rra,unahle rmrir.up��n:m�1 in,peruun.of Ih� Pro�xny. Lrndrr+hall
<br /> givr Borrnwrr nuticr a�ihr linu uf or priurw:m ni.�cli�ai.prrif�in�:ir:�.unahk rau.r I��r�Ih in,�xc�iun.
<br /> 10. Condemnation. �I'hc prixcrd.�d am a�v�ud�,r claim I��r datn:�}�e..dirrct„� :un�ryurnliul.in runncclion with any ;
<br /> tiw�le l�.muh F'uix�fe�1u�1�'rcddiv�tuc l\IF71N\11\S'1'Rl'\1F:\'1' t ud��nn�o�cuan�. 9�411 �p��er?n�n p�cr�i
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<br /> (u 11nNY Y.YI I�YM►:1:44U4�1;1 I.1\IIIb�791-11.11
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