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<br /> s' . perifi�s tlwt 1Jendet ieqa�es. The ins+u�ooa ca�rier pmvi�n8 the�s�a shall pe tho�sea by BorEOwer snbject to I.eader"� �
<br /> �ppioval vrbich s6aU not be uocessaiabl9 witl�heW. if BoROV�es fa�s to m�ir�tain coverage describ�abp�e.,[�xk�mnY•at .
<br /> ----- ' - --�_iln3ec;aetioe,uhtaiu cov�to urute►x I.en�er's_rig�bts in the A+n�ntq in ac�cardancc with peragrapl►7_
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<br /> ` _ AU u�turanoe ic�es s .�
<br /> sha1�l�ave ihe�eglU to iioW the policies aad renew�ts..If I.rnd�te9ui��.Rorrnwer sh�ll promPt�Y Sive to Lender all ieceipts .
<br /> og paid pcdniums 3dd re�yra(naices. rn the event af loss.�orrower sbalt give prompt natiee to tha insdranee c�rier and
<br /> I.endet.,Lender may maice pmof of loss if not n�ade P�!P�Y.bY Bortvwer.
<br /> , '� � Unkss l.ender and Bocrower otliervvis�agroe in wntin�insurance Pme�dC sh�tt 6e�ppiied to res[oratioa or erpair af
<br /> �p�p�ty`d�nsgq�,if Ritie�estoration ar repa"v is oeonamically Feasib(e and Lender's secarit}r�is,not les�ened. If the
<br /> eestar�tioat or-�epair is not cconanic�lq fe�ibte ar t.ender's secunty woptd be tessc�ed.tiie ins�ttaACe pmcuds shal!6e
<br /> � apQlic�to 11re smns secut+ed by tbis Secur�ty tnst�nxe��vhether or not ttben due.with any exce�s pa�d.to Borruwa. if
<br /> � Barrawer ab�xions the Propercy.or does nut aeswer wit�in 3U days a notice from Lender th�t dx insurance tassier iyas
<br /> o�nr`d to sepie.a cl�im.then Lender u�ay coilect t6e u�surance proczed.a Lender may use the jxnceeds taod re:,�ir or Rst� ,
<br /> the property or to pay sums secured by dds 5a�riry Insu�uaenR whmdxa or not then due. 17x 30day peri . begi
<br /> tUe notice is given: "
<br /> Unless Lenda aad Borrower otherwise agcee in writia&�Y aPPh�°n of Praceeds ta principai sbaU not extend or
<br /> postpane tite due datt of the manthiY WY�ts�c+eferted to in patag�aphs 1 and 2 or change the amount of tve paymen�c. If .
<br /> onder paEagtaph 2l t6e pt�nperty is acquired by I.ender.Bormwes's right to any insvranee policies at�d pmce�s r�tting .
<br /> � fram damaSe to tT�PbpertY Prior ro the xqarsition shaIl pass w Lender to the extem of the�uns secumd b�.this Security
<br /> Instrumenc immediately prior to the acquisirion. , •
<br />_-= f. Occ�pwecy: Pusen'atio�+ M�te�ance�ed Protectioe ot the Pcoperty; Borrower s l.aoa Appiicatioo:
<br />- I,e�olds. Bamwer sball occupy.esYablish.and use the Pmpe�ty as Boinswer's pr►rn:epal residertce wiifirt six�dajrs after - - -
<br />-- ' the e�ceeuc'son of this Security Ins�t and shall continue to ooeupy the Ptopetty as Borrower's principat cesi3eoce for at
<br /> _ — kagt ane yar after the date of occupancy, unless i.ender ahe�wise agrees ia wripng. whicb consent sbatt:nat be
<br /> -_- un�asn�abty withheld,or unless eateQOating cit�cumstances eaist which are beyond Borrower's-conuol. B�roKe�s6a1t wr.
<br /> -- destroy.dama8e or impur thc PtopettY.a11ow the Pm�peerty ta deteriorate.or commit waste aa the ProPertY- Bar�nwer sha!! . _
<br /> be in defaWt if any forfeEtute action or proceeding.whether civil or cdininal,is tugun that in Lender's good 6ith�udgmem
<br /> = could cesWt in forfeituc�of the praperty ar othenvise materiatly impair tl�e lien c�eated by ihis Securiry [nstrutnent or
<br /> _� L�rder•s security inte�t Borrower may cur�e snch a default and reinstate.as pcovided in paragraph 18,by ca�sing the actiop ,
<br /> •.� ' or pr+oceeding cfl be dismissed with a ruling tha�in[xnder's good faith detenmination.preeludes fodeitur�e of the Borrower's
<br />_' ' interest in the Propeny or ather material imP�i��t af the lien created by this Security Tnsuument or Lender's security
<br />°'�i<''`� intecest Borcower shatl also be in defauit if Borrnwer. during the loan applicatian process. gave matesially false or __ _
<br />'�"F�`' inaccurate informaaon or statemen�to l..ender(or failed ta provjde Lwtder with any material infartnation)in connection with _
<br /> - the loan evideaced 6y the Note. includitig. but qot limited ta. repnesentations ronceming Barrawer's occupancy of the -----
<br /> Ptropeny as a principal residence. If this Security Instirament•is on a leasehold,Borrower shall comply with all the provisions =-=_
<br /> of the tease. If Borrower acquires fee titte to the Property.the teasehold and the fee titte shaU not merge unless Lender agrees ��-=
<br /> ta the merger in writing. —
<br /> . �, prMedbn of i,�nder+s R�s in tLe Property. If Barrower faits to perfarm tIie covenants and agreements
<br /> contained in this Security instntme.��.•us there is a 1ega1 praceeding that may significa�uly affect i.ender's rights in the ���_
<br /> Propecty(such as a proceedin$9n batdcn►ptcy,probar�for condemnation or farfeiture or ta enfocoe laws ar regulatians►,tUen _
<br /> �� . L.ender may do und pay for afiutever is necessary co protect ihe value of the Prapeny and Lertder:s righrs en•the Property: �=
<br />. ,; l.ender's actions may include paying any sums secured 6y a lien whiclt hax priority over this Security Ic�rflinc�ct.appraring �-t-�
<br /> in court.paying reasonabie attome}� fees and entering on the Property to make repain.Although Lender may take actiun ::3""#;'��^-;,:_
<br /> ' ��: . under this paragapb 7.Lender dces nat have to do so. �� " __
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<br /> Any amounts disbursed by l.ender under this paragraph 7 shall become additional debt oC Borrower secured by tbis _
<br /> ' T Security lnstrument. Untess Borrower and l.ender agree ta ather terms nf payment,these amounts shall bear interest from the , , _
<br /> date of disbussement at the�ate ratr and shall 6c payablc. with intcrest,upon natice from Lender to Batrower reyuesting - __ �__: --
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<br /> . paymen� . ���
<br /> 8. Martgge Irtsuraac� !f Lertder requireQ mortgage insurance ac a condition oi making the loan secur+ed by thi� . ;�.�.,:
<br /> ` • Secu�uy lnstrumen�Barrcr�er s':�[3�S�y the premiums requircd ta maintain�he mongage in�surs�nce in eifect. ]f. for uny _ ____..-,__
<br /> , �" reason. the mortgage irs:s.�a,�� r.a-resage reyuired by l.ender lapses c�r ceasey q� he in effect. Boaower �hall {�ay the ����'- ~�
<br /> = premiums myuired to�'la:z::�':u��erage substantialty eyuivalem to thc mortgage insurance previourly in effect. at a co�t • _
<br /> � `` substanliaHy equivalerct 7�c:,:cast to Bonnwer c-Ethe moagage insurance prevrou�ly in effecb from an altemate mortgage . .. ;����,
<br /> '' ., insurer�ppraved by Ler�?�: If subrtantiaJly eq�.:c.�"�t mortgage in�urance cn�•eruge i�n«t availuble,Borrowcr.rball pay to .:���,�,� •-
<br />'•�'�;:�;'.•,r Lxnder each month a sum c ual to or�-r�clfth of the yearly mangagc imurance prcmium being paid by Borrower when the ��'
<br />=;.�;A;;.�+, N " °•-}r=�=
<br /> ::;.,.t.' , insuranee coverage 15psed or ceased etb�:�=n effect. Lender will accept,uie and�etain 1he+c payments uv u tory reserve in lieu ,.. II.�
<br /> ;` af martgage insurance. ,�.a,ss rescrve paymentti may no Inngcn c�rcNuired.ait�he upti�►n of l.endcr,iP martgage insurance •� ���::_�--
<br /> . cover•►ge(in the amour.a.��(or the periad that L.cnde�reNuircr►pr�►vided by sm in.urer apprnvcd by Lender again bccames ''�-��';:
<br /> avaitAble and is obtainca:�.�arrawer�hall pay the premium.rcquirrd u�maintain mcmgage imurance in el7ect,ar ti�prnvide u ;;, , ''�'`;-` '
<br /> r,; lativ reserve.until thc�::ement far martgagc intiurs�ncc ends in arcurdanrr wi�h:iny wriucn ugrccmcat bctwern Hurrotvcr f`;:� �:','.:_
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<br /> " ,,�s, and Lcndcr ar app lica b fe la�v. � � . -''t:'`:;�
<br /> � 9. lnspecBon. l.ender nr itc agent may make maumablr cntric+upon:md in.pcctinnti oi�he Propeny. Lcnder.rhall � ,' '.,71;:: �
<br /> -. ._ - -_--•� ���' �;ive surrower notice ai th:lime of��r pn��r t��sut inmpectiun tipecil'ying rca�unahl�cau�c fe�r the in�pection. G , ':•
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<br /> - - " - 10. Condemnutian. 'i'he procee<t�of any uwurd or rlaim fur damageti.dir�ct nr cun.cyurntiul.in cannectian�vith any �. .• .
<br /> . ' Singlc Fam+ly..iannk�1:te�ti�atdir 11uc I:�IFIIAH/�ti'f'Rl S1t:�'f--1'�idorm fu�cnam. 9:911 ����i��•s,�i,p,�Le�i � '
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