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<br /> . _ �� � 1���au�i Q�[waw �-�� ' .
<br /> � 3. � t�rlbleet�.l�ea■ae.Hotr°�ra.'�alt.iceep i�p�o�►�
<br /> . ptape�ty ir�a�aia+t 1�bY fii�e".hmcds indaded.vithin tbe te:m'e�adad oovara�e`s�.�Y atha T�t+ds; i�odi�._
<br /> flood�or floodiei•for�fiicL La�der roq�ires i�ur�o�-'ltiis i�c�e sWll 6e nnintaimd in the amouats`aad for i�he peri�4
<br /> Nut Lader ioq�s.'11f�c iaa�u�nae carrkr P�'id�n8 the iasur�moe sfftll be cfasat bY 8ort�nwa sub1�w La�da's appd�a! .
<br /> ic
<br /> ____. �_ —_ �--__ — • .1=If _---��`fa�7s 1O-in aocadaooe witU�above,L�ed�m�►-�t-Let�der's
<br /> - , ••p[RIOQ.O�7f�ID OOYGT�fD p!O[CCS L�IIdG[S it$�f.41A U1C P[aQEK�t� -T�— CI�St-�.COdC[ "
<br /> � All insur�x Pulicies��raev�sis sdatt 6e�epbble ta L�ada snd shaU_inclade a st�adard mortgaB�
<br /> sh�lt 6avo tLe right ta MId tbe polia�+and�ats.If Leoder nqaic�•Bartnwer shall ptomptlY.Bne to l.ender all�eeeipts of
<br /> p�j¢p�emiums and tenewa{nodces.In d�e ever�of toss.Bormwer shall give pcompt aotia to tbe insuranee carrir,r�rd iesider. •
<br /> I�oder may m�i�a Praof of loss if rioi ntadc piomptiY bY Eonowra. :
<br /> Unie�I.eockr aad Bormwa othrawise�ree�n wnp°8•insivance Pr000eds s�all be aFPlied to restoration or sep�r of the
<br /> propecty damaged,if the zesturadon or repair is eaoaomicaliy►feas3le and I�ender's so�eritY is not lesseaod.If the nstorrtion or
<br /> �pir is uiot e0000mieallY fe�le or Lrnder's,socuritY wuWd�seicssenod,ti�e insnranca Prooeeds slull 6e a�ied w ibe suu�a
<br /> I�mcnent,whetirer or mt tl�en d�;:`��ny excGCS p�id tn Borrowar.if Bormwa�the
<br /> seace��.zhis Sawi�Y 3U da s a aotice from�d�tLe inwr�nx carrier ha�offerod to setde a citi�;tLea
<br /> ' . p��.:�.i�+es not aaswtr withm Y ��.�:����or restae the Pcoperty or W pry sums
<br /> Lrn�t�.�oifaac t!�it�swaooe P'oceedS- riad wilt when thc,aotia is given.
<br /> sed�ti�'ttiis SeauitY In�ument.w1��or mt theri dne.'Cba 3Q-day pe �► si�all-aot eau�d ar
<br /> Urness L�endu and Somnwa otbtraise agree in writiag.a�►Y��PPUcat!on of praxeds to pti�i�l
<br /> ieferrod w ia t �d 2 or dmge the�moam of the paymecrts. If
<br /> - postpone the due d�e of the tnonthlY P11Y�� �S rGwlting from
<br />- vndeF puagr�ph 21 the PropMy is acquind by l.endec.Borroara's right w aay insuta�sce poGcies md proc�eods
<br />'� ds:•�aSe to tl�e PnnpertY Pnor w the xquisition shall pass to T.ender to the extent of the sums savrod by this Socur�ry t�sstrument
<br /> iauaadi�stY prior to the a�Nisition. . •
<br /> �f,Ooc�p�eX.Pt+e�e�vallop.hWMe�aNCe a�d Pt�t�i utWei'.tRLe Pt�opertY����'°�'wtthin s,�ry days s�r t�h'e e�
<br /> = Harmwer shult accupy.estaDlish:.and ase the Prc�pe�tY ���•s nci residence far at te�ct ane ycu after .
<br /> this SuutitY laurument and Shail cnntirwe ta accupy the PropertY P� P�
<br />_=- . the ds�te t�f occuQuw:y.unl�s l.ender athnwisc agreea in writing;which oa4cent shali not bc unrea�onably withbeW.oc'unless
<br /> � � eatenwting circutnst�nces exiat whicfi a[e beyond Bartower's cantrol. Bormwer shall��x►t desuoy. d�mage o► �mpair the _
<br /> -- ,, propatty.aUaw the Pn�pertY to dctcriarate.or cammit waste on the Property. Burmwer s1�1!be in default if any forfeimoe
<br /> action or pracading.whether civil ar ctiminal.is begun that in Lender's gaad faith jadgment oo�id resutt in fodeidue of the
<br /> property or dNerwise m�tenally impair the lien created by tAis 5xurity Instrument or[.ender's security irrterest.Borrower may
<br /> curc such a default and reinstate.as pruvid�cl in paragraph 18.by cat�ing tht ac.tiion or proceeding to be d'umissod with a�ultag
<br /> a
<br /> tbat, in LendePs gaod faith de[ermination. prectudes fodeihue of the Borrower s interest in the Property or other material
<br /> . ;mpaimxnt of the iien ereatod isy this Security lnstrument or[.ender's security irnerost. Bormwer shall also be in defauli if
<br /> Borrower.during the loan appGcacion Process,Save materially false or inacc�uate infam�ion or stateme�is to Le�t�or failod
<br /> to provide i,ender with any material infortnation)in connection with the loan evidenced by tt�e Note,including,bat�t limited
<br /> to�representations conccming Borrawes's accupancy of the Prope►ty as a PrinciPai residence.If this Security lnstnurient is on a
<br /> leasehold, Botrower shall comply with ail the provisions of the tease. If Bonawer acquires iee title to the PmpertY, the
<br /> �'"� leasehotd and the fee title shall not merge untess l.ender agrees to the merger in writing. ' nu�ntainod in
<br /> �,�„ 7.Psoteclion oi I,ender's Rights in the Property.If Borrower fai/s to perform the covenants and agreeme
<br /> this Security Instrument,or there is a lega!proceeding that may significantiy affect Lender's righu in the P�oPertiv(such as a
<br /> _ �- proceeding in bankruptcy.probate,for condemnat:�ar forfeiture or to enforce faws at resutations?,th�Le�er may do and =_
<br /> �' p�r for whatever is necessary to protect the value of the Propert}+ and L.ender's rights in the Praperey.lxnder's actions may
<br /> � - include paying any sums secured by a lien which fias p�i��sy over this Security Inscrument. appearing in caurt. paYinB
<br /> ;�:' reasonable attorneys'fees and entering on the Property to ma3ce repairs.Although Lender may take action under this paiagraph
<br /> 7.Lender dces not have to do so.
<br /> • Any amounts disbursed by Lender under this paragraph 7 shal{ berome addiranal debt ai Botrower socured by tbis
<br /> �. . Secudty Insuument. Unless Barrower and Lendee agree to at�het terms of payment.these pmounts shall bear interest fiom the
<br /> date of disbu�cment at the NAte rate and shal! be paya6le. with interest, upan natice from Lender to Borrower sequesting _
<br /> � �1,. payment.
<br /> }�-, g,Mort�ge InsurAace.lf Lender required mortgage insurance as a wnditlon of making the loan secured by this Security
<br /> � . �3�: Insttumtnt� Borrower shall pay the premiums�ec{uired to maintain the mortgagc insurancc in eifecc. If. for any reason, the
<br /> mortgage insurance caverage required 6y Leader lapses or eeases to be in effect.8orrower shall pay the premiums required to -
<br /> . . �J': obtain coverage substantially eqWvalent to the mortgage insarance previously ia cffcct.at a cost substantially equivatent ta the _
<br /> = cost to Aorrower of the mongage iacurance prevtousiy in effect. from an alternate mortgage insurer approved by l.ender. If �
<br /> '���j�s� *.,..- n , substantiaUy cqulvalent mortgage insurance coverage is not available.Borrpwer�hall pay ta Lendcr cach mnnth a sum equal to
<br /> _ Y��` , one-rivelfth of the yearly moRgage insurance premium being paid by Borrower when Ihe insursu�ce mveruge lupsed ar c�ued to
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<br /> ' ;�'-'�'�;.' •� •- ' be iaf effect.I.ender will accepi.usc and retain these payments as a loss re5erve in lieu nf martgage insurance. Loss rescrve
<br /> Fom�3025 8/90 �;
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