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B..ni�e ri.�e.ey t�we�MC�Buerorra sb�u kaeP� �,aM►existio�o�baaRa a�aea os�ie . <br /> 8[apaty inwrod apimt laas by fut.Iiu�d�.incMded within the tsrm'eatended ooversae'and any otAer 6�rard�.�incinai� <br /> floods ar tiaadie�.tue wh�ch l.trider reqair�s insunna.Thiy inw�tnce s�ii be�d ie the�aa�mts�d fa tA�p�etla�d� . <br /> tfwt l�ender�nquires.'l7�e i�ur�nce cania�roviding the insur�oce sh�p be rhoscn by Borcowqr subjocq to 4ender's a�pp[aval ` <br /> • which ahdl aot be uncrasoeabty witbheW. iF Borrower f�ils to n�ituoin rnverage dacri6od�ve. l.cnder dr�y.W I.e�fer's <br /> optiori.abtrin covenEe w pcotect l,enclec's�ights in the Property In�eeoret��oe with paragnph 7. <br /> �u�t,dwt�nce policies add�w►yts stqtt tfe aaeptabk ta.Le�aa aoa sh�!!incluci�a standua monaage rr,nse. t�nder - <br /> - sh�{I hava tbc rF�ht w i�W the gotic�,�l�s�cnew�is.If Lender reQures.&►rr+ov�er sl�t P�P<<Y 6ivt to t,cmkr aU rercspPcs of <br /> p�id p�emiuim aod rexw�l aotias.Iit the avent of loss.BnROVVer s6�I!give prompt mtico ia tt�e insuranc�c�rritr ut�i�eo3er. <br /> � i.�ader may m�ite pmof oE lass if not Qnde p�+nmply by Borrowrcr. � , � <br /> : Unkss lender a�d Bomnwer at�etwise ag�ee in writiag.incurance procetds shali be applied to resmration or�xpair of the` <br /> piop�ty dsr�ed,it the�eswration or�rep�ur is eoonomtpily fqsibte�ad[.endec's secarity is rot tessenod.ff the nstorarion or <br /> repair is nat 000nomicsJly fasibk or�Lader's savrity watid be kssei�zd.the in5urar�e ptnoeeds sha11 be aPplfed ta the swas.' <br /> socu�+ed by this Savrity 1tss�meent.vvlietiier or rat shea du�.with a�r ei�oess paid to Barmwer. If Bomower a�doa4:tlie . <br /> Property.or does aoE aatiwu within 30 dpys a tatice from`teader tliit the insur.urce ca�eier has o�Feied w seftie'�cl,�um.tha► <br /> I,eader may mlka the ins�uance pmceeds. i.eader may use the proceeds to repair or restoie the Pi»peity"or to_pay:srua�s <br /> savted by tbis Savrity L�mnrne.whethec or uut then du�.17r 30-day period v�n71 begin arhen dse notia is�ive�►. � <br /> iTnless Lemer mrd Borrower utfiervvise ag�ee in writing, anY aPP}ication of prnceods w principat sliatl nat ea�tend or <br /> postpane tba due date of Q�e moNNy paymee�ts tefe�d to m pusgraphs i aod 2 or change tUc amo�wt-of the paymeets. If <br /> under puagr�ph 2!tbe Propeity is aoquit�d 6y Lesder,8ormwu's right w any'insurance policies and proceeds�+esulting fram <br /> da�n�ge w the Pmperty Pnar to ttie aoqnisitian;�aU Pass to I.ertder w d�e exte�n oY tbe suu�s securead by this Socarity Inst�umeat <br /> - im�a�odiately Pnar to the�cquuition. ' <br /> - j i.pacallocY,Prtxrvatio�.blafatesan�e aod Ptnttetion at tLe Propaty;Barrmrds La�n Applk�tioa:i�olds. -- <br /> -_ ; Borrowu si�U occupy.estahiish,aad asc tbe Ptnperey as Bormwer'�principat residence within si�ty�days after We exavtion of <br /> - - f this Sonuity Ias�tmxnt aod shall oonti�e to occupy tl�Pnoperty as Borrowev's principal nsidence for at[e�st orx yeu afta =_-_- <br /> the date of aayi�r,uniess l.tndes�+ise a8�+ees in wrifiag,wfiich consent shall nat be�unreawna6ly withheld.or unless �°_ <br />_ e�ten�pg c3r�umstu�es e�cist wt�eh are beyond Bocrower's comm�l. Borrower shall not destmy. damage or impair the �;-- <br /> , Prope�ty.allow t6e Propercy ta dCteriorate, or commit waste on the Property. Borrower sha11 be in default if aay forfeiture ��'=-- <br /> acrion or procoeding.wi�ether civil ar criminal,is beg�ui that in Iec�der's good faith jndgment cotild result in forfeiture vf the "�'� <br /> ._-^E,-a . <br /> • Pcuperty ar atherwise m3terialiy impair the lien ereated by this Secarity Instniment or Lender's seeurity i�terest.Bormwe�i�ay � -""'�=: <br /> cur+e such a default a�d rsir:state.as pravided in paragrapb 18.by caasing the action or proceeding to he dismissed with a iniing ��'�` <br /> that. in L,endec's goo�.fati"i detetminadon, praci�fodeiture of the Barra�e�s iraerest in the PropeRy or ather material �' <br /> eria �=� -° <br /> ' impairment of the lias a�d by this Security fa.�mz*ient or Lender s secu�it�'r-i�terest. Borrower shal!atsa be in default if ---'� <br /> Borrower,during tF,e I�.�.ticatinn pr�ee.ss.gave inaterially false or iT�accur:x�:rsformat�on ar statements ta l.ender(or fai�od ��� <br /> - , to pmvide L,ender a-�;�'ir,attri.��F6earatian)in connection with the loan eridetx�ed by the Note,including,but not limitec! -�,�o <br /> to.representaoions�.-��&m+u�"s oecupancy af the Property as a principal sesidonce.If this Security Idstrument is on a ^. `:%° <br /> :����-;- <br /> leasehold. Horrower�`comply arith ali the pravisians of the tease. If Barn.'^wer acquires fee title to the Propercy. the , �.���_ <br /> .. ' teasehotd and the fee tit!e�all nat merge unless l.ender agrees to the merger in v:r"-�ing. � ' <br /> �� 7.Yrotecttoo ot Lertder's Rights in the Property.If 8orrower fails to perf"flrm the covenants and agreemenis contained in _ . <br /> this Security Instrume�.qr there is a legal proceeding that may�i�r.ificandy affect Lender's righu in the Property(sudi as a <br /> proceeding in bankruptcy.probate.fnr condemnation or forfeitur�cc c4 enforce laws or regulatians).then Lender may da and <br /> - - - pay for whatever is a�sy to pratect the valuc ai the Praperiv:s�-tx�s r�hu in the Property.Lender's actions may � <br /> :x:. <br /> include paying any s�s secured by a lien which LT,�c:priarity ovcr this Sa�rit� lnstrument. apptaring in cou». paYinB • <br /> . :, reasanabte anornoys'fees and entering on the Pra�rerr:��o malce repairs. Ai'�r��*�,..::�er may talce actioa urr,ier this paragraph -� <br /> : 7.Lender das not have to do so. .'. 3 , <br /> r;:� Anp amounu disbursed by I.e�:r uneter this paragraph 4�i,�r;!(:becer�e additioa::l�'t of Borrower secared try tfiis • `•" <br /> ,f+;. . ; � - <br />�'��` . Security Irs:rtimeat.Urless Borrawer and L.ender agrec to ather r•�rs ef pa�a:ent,these amaunts shall bear interest frm tho ;.� - <br /> ' - date of disbursement�zi tt�e Ncrte rate and chall be payable. wet6�:,:erest. apan notice from l.ender ro Borrower re��cesting <br /> ' Pal+ment. . � �'°"r�::,,:�:�: <br /> 'r __ _ <br /> - <br /> , S.Mort�e�n�xr.i(ix��Ier requircd mortgage insuranee as a condition of making the laan securcd by this�srity --�..,,;;,4;_ <br /> �� /nstrument, Barrawer shall pay the premiuma required ta mairctun,the nrart�age insurance in effect. If. for any rea.vs�r. the �• _- <br /> ` mortgago insurance cmcrr�e required by Lender tapses or ceases t�be iq eff�.6orrower shall pay the premiums requir•:d to <br /> • obtaln coveragc sabstant#.�fy equivaicnt to[he mort�: in.�urvnce previou�iq u��ffect.nt a m�t substanGailg equivalent to tho <br /> • cost to Bonower af the morlgage insurancc presiru:+;y in effect,from an alter.tate mortgugc insurer approyed by i.ender. it <br /> . "`''L . substantially equivatent rtmrtgage ir�5u�ance cvverAgc is no�available.Borrowcr shaU pay te>l.ender each moath a sum equa)to <br /> , ';t ane•twelfth of the yeurly�riostgage insurance premium being p�i�i by Borrower when the insurance coverage tapsed ar ceased to � � <br /> ' be in effect.Lender wjil acccpt.use:tnd retain these payments as a tc��y resene in lieu ot murtgage insurancc. t.�s.v reserve <br /> _ _ � r <br /> �•:.. farm 3025 9/80 ! <br /> :. �; <br /> � •,;..:;4�T �ayo 3 010 � . <br />. � ����� ' I <br /> i <br /> • .< . _ .. � <br /> _ ._ , Ns4'��'�itt.�_... .�___ ....-,... . . . _ � . . . <br /> . <br /> � � <br /> _J ' <br /> T•� � ' <br /> ..... .. ;. � i'.: �_...._ <br /> . < .�v.�_ . . . .. . . . . . . ' • , <br /> , � . . .Ve � . . . ' � . <br /> ' • .� • �. . � �., ' =.' _ ' . - . .- _ • t. , ' . .•_ . . .. . ._.- . • , . , ..� . . . . <br /> '.. �. l , � <br />-~ , -;i _ _ ' .-__"_ ._ _ ,_ ' , . . . . , - . .. � _ . ' _ � .. <br /> ♦� . r . . <br /> � '_ ' ' "._ . _ ... ' � _ ' __ ". -...__... ._' ' . ' . . • .... . .._ .' . __—__ ' . _ _ '__ _ ._ __.___ y _ . _ <br />