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<br /> , 'tbe i�sur�c�trierp�viding the insucanoc sh�lt be chosen by Bb�`�j�CtTo�en�sr� .
<br /> , ' d�at[.eo��
<br /> � �al wldch slnll aat 6e unrea�sa��My witht�eld. If Hamwer fails to m�int�n coveragt�es�ihed�b��.��y:� . ,
<br /> : —s�Q.�.N;�n-o�+tai����?�-�Ir�dec's-nFhts-�i the Ropect�in accoidanre_ P�fB�'�� �s,y:=-�
<br /> wit _ -
<br /> ---°=- � • --• _.-......,.�.,.�-.a��� — �
<br /> �p�Iicies and reneviials sLail!x xc�pta to rt�". ' . �'••��"-"'•--�--_
<br /> � shall tr�vt the tighttb hold thr poficies and€�uewals. (f lxnder ce�luires.BaROwer shal[P�P�jY�ve ta Let�der alt recetpts
<br /> . S ;°
<br /> � of paid p�iun�s and Rnewa�nntices. 1n.the event af loxs.Borrower shaU give pnnmpt norice to thc insunnc�c�rrie�atd. ,
<br /> • L.eader:l.ender may make pmuf of iass if rtut madt panpUy by B�x�or�er. .
<br /> m
<br /> � Unkss i�det an4 Bam�erer�hecwise agree in wnting.insurance praceeds sha116e applied ta testuration or teptir
<br /> ` the p�operty dart�ged,if the �esco�rion or nepair is econumicalty feasibie and ixrtder's�'urlty is not icsscned. If she.
<br /> ' � • :.restoration oc repair is�t acanomicaUy fe�sibk or Lender's security would be lessened.the insuAnce pmceeds st�all be .
<br /> applied to tIr s�ans saured by this Secariry (nsuumen�whether or not tlx�due.with�ny eacess paid to Boriower. If
<br /> g�.�w���pt,c�peny,o�r does not answer,within 34 days a naice from Lendcr that the insurrnce•saciier has
<br /> offeRd to settk a ctaim.tben Lender may ooliect the insuranc'e Pro�eed.s. Lcnder may u.�e the prueeeAs ta r+epair or rcstoce
<br /> �he Ampeity or to pay sums socured by this Security Insawnent�whether or nat then due. 'i'f�e 30-day periad rvili begin when
<br /> _ fhe�wtice is given.
<br />-- Unkss Lettdtr atd Barower otl►erwise agr�ee in writing,any appliption uf�eeds to p�incipa!shaU not extertd�a
<br />--- pastpooe the due date of the montNY PaYmenu referred to in paragraphs 1 and 2 or change the amouat of t6e payments. if
<br /> -- ,,,,de��ra�aph 2}�c prnpeny is acquired by txnder.Bomnwer's rigt�t to any i�.s�rrnce.policies and proceeds resulting
<br /> - fran damage to d�e ptnpeety prior to the acquis�t�an shali�c to ixrstec to the extent ot'the sums secased DY tlds Security
<br />-°- � 'tnstrumcnt immediatety griar to the acquisitian. ��
<br /> - � Oanpaecg' Pcesa�vatioe.establis�se the PnopectY as Bortower's p�r'mc�'ipal r�idence a7�in s'��af�r ____.---� -
<br />;,;'�i �,�. Bor�owershaUaccupy.
<br /> .�-' the execntion of this Security[nsRumeat and shall con[inue to accupy the Prope�ty as Bormwer's pr jncipal oesidence fur at
<br />'.";'z_ 1� �,y���, �he date of occ�pancy. �m1�s 1��r ��rise agrees in writing.�which cansent shall aa be —
<br />- un�aoabty�witl�held,ar unless eatenuating circumstances exist which are beyond Barrawer's control. Borrawer shalt nac
<br /> destmy,damage ar impair tl�e Pt'openY.a11ow the PrapeRy to deteriorate.or commit wa�Ze on the Pt+nperty. Borrower shaU
<br /> 6e��efaalE if any forfeitute actian or proceeding.wl�ether civil or ccimit�al.is beSun lhat in l.ender's good faith judgment
<br /> c4ndd resufe.in forfeiture of the PropenY or othecwise materially impair the lien cr�eated by this Security Instrument ar !=�
<br /> Lendds se�scriry inte�est. 8orrower may cure such a default aad reinstate,us provided in p�aragraph 1 S,by causing the actior�
<br /> . ��;_..
<br /> - " •�- ' or praae�ing to�e d i s m�s s e d w i t l►��l i n g d�a G m L e'�d e*s g°°d���a n.p�l udes forfeiture of the Borrower's . .f`�'=
<br /> �-:' � interest in[Iie Ptoperty ar other material impairment of the lien created by this Security Instru�eni or[.ender§securiry f••%£'.°`-.,
<br /> I
<br /> ' s`::- iaterest. Bortower shall also be in deFault if Borrower. during the loan applicaeion praCess. �ve materially false'or '.,_,.��__�
<br /> - inaccurate informatian or ststemenu to Lender(or failed to provide Lender with any matecial infortnaaon)in connection witb f :.:_}�:_,;--_
<br /> �-� ��`� the loan evidertced by the Note.including. but not limited to, representatiaac conceming Borrowers occupancy of the ..; r .•.
<br /> pr�perty as a principal aesidence. If this Secu�iry instrument is on a teasehold.8orrower shap campty with all the provisioils , �,:� y��;;-=
<br /> ;.�:;t;�, of the lease. If Borrowec acquires fee titie to the Property.the te�e6��i and the fee titte shall not rrterge untess Lender ag�es --3���=
<br /> ,`-_,
<br /> -�'.c-
<br /> .'r;.�};; to the merger in writing. .;���'`.
<br /> ���'s: �� prdection o[l.ender's Rights in the Property. !f Bpmower faits to pecform the covenant�ti and agreements �;_,y ,
<br /> ;"�,, : s' `"_T`��_
<br /> , r:, ,� � ' �eontained in this Security[nstrumen�or then is a iegat praceed"m€that m�Y��n"ificantly affece i.�nder's rigt►ts in the .
<br /> ;�.,'' �' �,;; p+ropetty(such as a praceedinD in bankruptcy.pra6aie.fur condemnation or fodeiture ar to enfarce laws ar regulatians),then ..r�#� .;�
<br /> . ;;=:� Lender may do and pay for whatever is necessary ta protect the value of the Praperry and len�zr's rights in the Property ,:„�,_ _
<br /> .-.:, : 7,-. � . .
<br />.�',:.��,::, ,_. . , ��;� . l.ender's actians may include paying any sums secured by a lien which ha�priority wec this Seca�ity tnstrumeni,appeanng
<br /> ' � in court.paying reasonable attomeys'fees and entering on the Praperty to mulce repairz. Attho�f..ender may take action _
<br /> -R -.rir:'=°.�r�.t, ' under ihis pasagraph 7,Lender dcx�not have to do so. , �
<br /> .`x ,'�4 � . .i �
<br /> _,• - .s; , Any amounts disbuned by Lrnder under this paragraph 7 +hall become additionai debt of$orrawer r�sred by this � �
<br /> • Security Mstrument. Unless Borrower and i:ender agree co other terms of paymem,the.re amounts sha8 bear inter�st from the
<br /> , - ,;; ' date of disbunement at the Note rate and shail bc payabte,with interc+t.upon naticc from l.ender ta SorraKer reyuestir�
<br /> .. .�;': L paymen� -
<br /> ` � 8, :��rtga8e Insurance. lf Lender reyuired martgagc insurance as a cortditian af mnkins the loan secur.ed by this
<br /> � ' � ��-� �' Security �i�strument.Borrower shali p�ay the premium�requircd to ms�inwin the martguge insurance in effcct. If,far anti ;;. . ,
<br /> -;r.�.:. .
<br /> � - "``'" • ' reason, t�c �to»gage in�urance caverage requircd by l.ender lupses or cc�a.+e+ tn be in effcct. Borrawer shali pay the � � .
<br /> _ `, � ,',
<br /> . ' -Y��;�:.'�L pmmiurros r��i:red to abtain coverage substantia[ty uyuivalem to the mongage,:n�urance previ�+uyly in effect.at a cost ,'; .
<br /> ;;;;:;- substAntiaCl�:cy�,uivatent ta thc cost ta Horrowcr vf the martgngc in�urancc previnutify in cffect.from an altemate martgage J�
<br /> � 's"''' "' insurer aF�.�vvcd by l.endcr. lf substamially eyuivalem mangagr inKUrance coverugc iy nat avaif�ble.Borrower shall pay to .. �
<br /> . ,•� -� ;. l,ender esich mamh a sum cyuul to one-twciPth csi thr yearly mur[g:La insurancc premium beiag�aid by Barrawcr when the ;�._ �
<br /> _ ' �. ' . � ,
<br /> . . insurance coverage lapsed or cea�ed ta t+c in effect. l.�mder will aecept,u�c�nd reta�n these paymenty a�a toss reserve in lieu
<br /> � � vf mortgage insurance. l.u��rc�erve Qayment�msy m►tonger be reyuired.at the aptiun of Lender. ii mortg�ge insurance .
<br /> +� ��v�.,, cnvcrage tin the amount and fnr the periexf�ha�Lendc7 reyuirc�l purvided by an imurer:�ppraved by l.en�ier again bccome� ,
<br />. �'�2���, � available Artd is ubtaincd.8orrowcr�hull pay the prcmiums requircd u�maintain mvrlgagr imu�ance in cffcc�,or to pravide�
<br /> ..,'.��.� `�1`��..= loss reserve.until lhe reyuirement fnr mortgagc in�ur.mce citd�in accordance«�i�h any�vrittrn a�reement heuv�en Barro���s ,
<br /> . and Lcndcr or applecablc law. � •
<br /> - ,•*��i___ � � 9. InspccNon. lxndcr or its agcm may makc ret�+onablc cntric.upun and in�pcctinnti uf'thc Pmperty. L.cndcr�fia:C ; , •
<br /> . ,�.+�':, .� - give Barrawer�utieeat the tim.af orprier tu.m intipection tipecifying reau�nable cau�c Pi►r tl�e incpectinn. .j.,.�„.
<br /> .�r�2t,-- � . 10. Condemnation. Thc puxccd.uf auy.nv:�rd��r claim fur d:�magc.r.dtrcet�ir conti�yu�t�r:at.in ccsmrecimn�ith�my � •:-:-:--
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<br /> Smglcl'.uiuty••YannkStar�ircAAk�fvcUNtF11R�11Vtifttl'31Er'1'•-Uuitoro►('o:rnam. yl9p ry�ucr±�/��lw�A�`� �I� '
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<br />� . . . tu IMIrNaI}Lf1065:4U�r,l'JI:;Y1!l f1167l1141�; i , ' �' .
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