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<br /> ' ' ""�'�'�� periads thut Lcndcr reyuires. The intiuriuKe curricr praviding thu inKUruncc�hall he chuscn hy BoROwrr+ubjcct to Lcndcrk �
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<br /> ' ��.�rt,�r��•••.• opprovel which xhall not be unreasonubly wilhheld. If Banower fuil�ta muiniain coveruKr de+cribed ulx►ve,Lender may,ut �u:__�
<br /> . � Lenderk option,obtuin coveruge to protect L.ender:righ�s in tha Prapeny in ucrarduncc with purugroph 7. —_ __
<br /> .��{.:,,;L :i,' All inaurance policies and mnewolx shull t+e acceptable to Lender und tihull includc u�Wndard mortguge cluu+x. l.ender —
<br /> •-E- � �hnll hnve the rfght to hold the policies und mnewAls. If Lender reyuires,Borruwer.hall promptly givc t�►l.cnder ull rcceiptr �" —
<br /> _ .,�;,., ,.• • of pafd premiums and renewul notice,. In thc rvent ot lo�s,Borrowcr,hull giv�promp�noticc to the in+urAnce currier and
<br /> — • s -''�°��- - Lender. L.ender rnny mnke pra.if of lozs if nat mude promp�ly by Borrower. � �
<br /> ' ', °" � �4, , Unlcss Lcnder und Borrower�Nherwi�e n�ree in writing, insurance pnx:ec�,�I�ull Ix•rpplicd ro rcstnralion or repair of �^_ -��__�� _
<br /> . s the pr o Q eny dumaged, if thc restorution or repuir ix economicully feusiblc und l.cndcr'� +ccurity i, nut Ic.�eneJ. If ihc
<br /> rextorauon or repair is not ecanomicu l ly fea+i b le or I.en der's s e c u r i l y w o u l d l�l e ti s e n c d. �h e i n s u r o nce pruceeds shull be
<br /> a�� , � upplied to the sums secured by this Securi�y Instrument. whelher or not Ihen due, with uny exces, puid to Burrower. If — _
<br />^�� Horrower nbpndons the Piroperty, or dce� not smgwer within iU duyti u notice irom l.ender thu� the in.urunce currier has �___
<br /> - ' offered to settle A claim,then Lender muy collcct the insurunrc proceeds. l.endcr muy use�he prex:eedti to repuir or rrx�ore a 1���-
<br /> �....,.,=-�--
<br /> ' ' the Property ar to pay�ums secured by thi�+Securiry Instniment,whether o�not then due. 7'he 30-duy pericxl will I�gin when �„ ___._
<br /> . -• . thr naice is given. �_--' -_
<br /> .� Unlecx Lender unJ Borrower otherwitie Agree in wriiing, uny upplicution of proceeds to principal.hull not extend or �,�_4._
<br /> ' � • poxtpone the duc date of the monthly payment+referred to in purugrophs I und 2 ar chungc�he umaunt of the puyment,. If �,-�,
<br /> under purugraph 21 lhe Property is ucyuired by Lender. 8orrower's righ� to uny insurunce Fwlicirs und pr�xeeJs resultinS i
<br /> � ' from damnge Io the Property prior tp�he ucquisition ahall pass u►Lender to ihe extent of the sumx secured by�his Security �:`-�;y`�
<br /> Instrument immediately prior tu�he acyuitiition.
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<br /> 0 6. Occnpaucy. Preservation� Maiatenance and Protection oF the Property: Borrower's Loan Appllcatlan; �{.�___���
<br /> ' � LewseholdA. Bartower shull cxcupy,extublish, und utie the Properly us Borrower's principul residence within sixty day.r• after �,`,-.T
<br /> '" " the execution ot'Ihi+ Securiry Instrumen�uixl whall continue to occupy the PropeAy us Bonower's principal residence for nt ��-= _..__�.
<br /> lea�t one year ufter the dute of occupuncy. unlesx Lender o�henvi+e ugrec+ in writing, which cansent xhull not be .s�'�=' s
<br /> " .. . , unreasonubly withheld,or unleys exienuuting circumstancec exiti�which are heyond Borcower'.s conual. BoROwer shull nat .'i�� �.�..—
<br /> dcstroy, dumage or impuir the Praperty,ullow thc Property ro detcriorutc,or cornmit wa,te on�he Property. Borrower shall `':;�=,".'_'. --�
<br /> ' be in default if any forfeiture uctian or proceeding, whether civil or crimins�l,is begun that in Lendar's gc�«i foith judgment ,
<br /> ,.;•: :._
<br /> could result in forf'eiwre af the Propeny or otherwi,e materially impuir thc lien created by this Securily Instrumeat or ,�a�i�-+�;����
<br /> , � ' Lender's security interest. Burrower muy cure�uch u defuult und reintitute,us provided in puragr►�ph IR,by cuusing Ihe action =��� _
<br /> . , _ or praceeding to 6e dismissed with u niling ihut,in Lender's ga�d fuith de�emiinutian,precludes forfeiture of the Borrowert ��'��'-' -
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<br /> interest in the Propeny or other muteriul impuir+nent af the lien creuted by this Security Inx�rument or Lender� security ,v„•n�-.
<br /> intereu. Bcxn►wer shull alxo ix: in defuul� if BoRawer,during the loun t�pplicutic�n procexs, guve muteriully fulxe ar ����!
<br /> ' inaccurute in(ormution or statements ro Lender lor fuiled to provide L.ender wi�h any muteriul informntionl in connecuon with .�;���-,
<br /> �� the loan evidenced by the Note, including, hut nut limi�ed to, reprc,entulion. concerning Borrower's a:cupuncy of the �
<br /> _ _ Propeny us u principul residence. If thi�Security Inxtnimem is on u leu�ehold,BaROwer xhull comply with all the prov isiom s.,:... ��.•,,,
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<br /> af the leuse. If Borrower acyuirer fee title to the F'ro�x:ny,ihe ieuschold und�hn fec titla.ha{I noi mergc unlc:::Lender agrces �t�����,_
<br /> ' to thc merger in writing. �. �. �
<br /> ' •� 1. Protectbn of I.ender's Ri�hts fn Ihe Prope�t�. If Burrower fuilti�o perform thr covcnun�. unJ ugreernentx _ . I
<br /> � " contuined in ihix Security Inztrument,or the�e i� a kgul pr�ecdinF thut muy yignitirunNy ul'fect Lender; rights in the .. _
<br /> ' � " Property(+uch as u pr�eeding in bunkruptcy,probute,for cundemnu�ion or foHeiture or w enforce luws or regulutions>,►hen ; y "
<br /> . Lendcr muy du and puY for whu�evcr i.nccrswry t��prcHCCt �he vuluc of the Propeny und Lcnder's rights in�hc Pmpeny. �
<br /> Lender's uctions muy inrluJr puying any �um�xecurcJ hy a lirn wl�irh huti priority over thi+Secu�ity Instrumenl.+�ppearin� .. �
<br /> in coun,payin�rcusonuhle�twmry�'fce,wiJ cnt�rinE �w the Property�o muke repairx.AlthouEh Lrnder may tuke :�ciion . , _ �„�_�
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<br /> underlhiz purn�ruph 7.l.cndrr dik.uut huvc to do.o.
<br /> Any arnoumx disbuncJ by LenJer unJrr this parugraph 7+hall lxcume sKiditionul Jrhl of Bormwer�ecured by this � S; _ _,,�;a*,��_
<br /> . Sccuriry(nswrnent. Unlex,Burr��wcr and LcnJrr ugrcc toother�cnnx of ptrymcnt,thcse umuuntti.hull lxur intcretit from thc ,�__
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<br /> dute uf Jisbunrment ul thc Nac ratr und xhull be puyuhk, with imrrest, upnn noticc frum Lender to Borrawer reyuesting t': „,.-S�L-
<br /> puymcnt. , ,.atm:.__
<br /> 8. Martgase Insuranre. 11'Lcixier reyuirrJ m��rlgaEc in.uruncc a�a conJitiun oF inaking the loun tiecureJ by thix , y `.�
<br /> Scrurity In�lrunxnt, B��rn�wcr tih•rll puy tln� prrmiwn. rcyuireJ w maintuin tlx mortgugc in�urunce in cffecl. U',for any ,r�.�_.�._----
<br /> , reuson. thc mc�rtguge in,uruncc covcru�r reyu�red by Lcndcr lap,c� or ccu,c� tu tx in efl'c�t. Borrower shall pay the :�,:t�,:.�--
<br /> premiums reyuired �o ohtain cuveruge .ub.tuntiully eyuivalent iu thr mungagc in+uruncc prrviou.ly in rttert. •rt u co.t "•_�=_y=
<br /> subsl�ntiully eyuival�nt li►the cu+1 ti�Bnrmw�r oi'thc nHttlgugc intiuranrr prrviou.ly in rff'rcl.t'rom un altrrnute monguge � �
<br /> imurcr•rpproved by Lender. If.uh+tantit►Ily ryuivalcn� nx�rtgage in,urancc cuverugr i+not.rvailnhle.Burrower shull pay to ��---
<br /> Lender euch m�m�h u.um eyuul tu�mr•►welf�h uf�h���c.+dy munEi►�e in,urance premium Ixin�;paiJ Ny Bormwer when the _,•,�.:•�..`
<br /> . insumncc ruvcr•rgr lupsed or ccu.cd t��Ik in effcrt. Lcncicr aill:Krept,wr and rclum the.r paymrnl+a,u lu.ti rc.rrve in licu k �'� q+ra
<br /> � �.4'�►�....:-
<br /> . of murtgaga insurance. Lo.�rcxrvc paymenl, may no Uxi�.rr Ix� reyuircv.�t thr option nl'Lrndrr, if mort@uge insurance ,�...r- - -
<br /> a�veru�!c lin thc�m�wnt unJ f��r tlx�Exriud that Lrndrr rcyuirr��pro�•ideJ hy an in.urer uppruveJ b�• Lrndcr ugain lx:come� . ..
<br /> uvuilable unJ i�nbtuincd.Burrowcr.hall pay the prrmiurn�rc��uirrd w maintuin m��n�:agc in,urance in effect,ur tu pruvide u � r -
<br /> I�»+msrrvc.un�il thr rcyuircnxnt for monEa�c imurcmcr end.in acrurdancr�aith any wriucn agrremrnt fxtwecn Bormwcr
<br /> and LcnJer or applicahlr laH•. '.
<br /> 9. Invpection. LrnJrr or il+ agcnt m:iy makr rru•miaMr rmrir+urun and in,�xcliun,i�t'dt� F'ruExny. Lrixlcr�hall �
<br /> . givc Borruwcr nnlicr.0 thc timr ul'nr pn��r�u :m in,�xrliun.�xcil'y ing rea,unaMc r.w.r ti�r U�r in,�xrtiun.
<br /> 10. C:ondemnulion. 7'Itc pr�k�rJ, uf:ui�•u�v:ud�x rlaim ti�r damagr,.�lircct ur rnn.uyurntial.m cunnrrtiun with any �
<br /> ti�nFlel•.nnd� Funnk\toeiFY�ddiellucl\IFUR�II\ti'IRl �1t:V'1 ..1'nUurmt'�aricmi. 9�'M� �pu¢r±"I�'h+v�'`� �
<br /> � 4n•al I.�►r.Nua4x�u lutm.Im � .
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