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<br /> � [�lfi�Ct'S O�QQ.Oai�d COYC[�E t0�QCLI�iSti�$�IL8111�1C�COQ�RY IO iCCO[dilOOC M�1f��I�$I3Q�t�' CI�USC. LC1fdCf
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<br /> �P�P�i�and rrncwal oadces. Ia tt�e event of toss.Bortawer shall give p�o�upt noticx to tbe inwrance curier and;
<br /> ' I.rnder Lender may m�kc ptoof of Wss if notmade Proa!Ptl�bY$O�O�
<br /> IJnkss L�a�der at�d Bo�snw+a Qtbctwise sg�in.wnpng,inwrance proceafs shall 6e applied to testaration or apair af
<br /> �tLe P�ope�ty dam�god.if the testoruipn or repur ts ceawmictillY fqsbk and i.�ader's setnrity is not te.uened. U the
<br /> cestaatiun a npair is mt a:ortamicallY fe�k ot Lsnder's secwiry wautd be lessened,the insurance piaaeds s1�11 bc <
<br /> apphed to tbe sums socuzed bY Wis SecuntY ta�urt�►i.wh�b�or flot thas due,with a�r excess paid te BoROwer. [f .
<br /> HoRUaer abandoac t1u Pmpeny,or does oot answer within 3U days a notia from Lender that the msurancr ca�tier hac
<br /> offerod w settic i claim,tl�ea L�ender may mUxt the insutance proceods•.I.ender may usc the pmcads ta npait ar ctsta�e '
<br /> � Ux property or to pay s�oms sceured by tLis Security ipsuument+wheti�er or flot tUm due. The 3Q-day peripd-vnll beSut a'heu
<br /> the notice u g►vm t�ation of to st�aU not extend or
<br /> Unles�I.ender and Bormwer other�vise ag�ee in rvririag,aay app' P� P�P� --
<br /> postpooe ihe due,date of the monthlY PaY�nts�efemed to in puag�aphs i and 2 or change the amount of tbe g�yments..If
<br /> - mder parsg�apii�1 the Ptopccty is acquired by Lender,Bormwerl right to any ins�nance�olicies aad praceeds re.snitw8
<br /> - -----�—� ----
<br /> � ��ge�o the�ropert�r prinr te tl�e acqwsitton shaU pass w.Lender to the eMent of the sums secuced by this Security
<br /> - - --- - _- - --- -
<br /> -- In.�menc i�runed'ntely p�ior to thc acquisition. � _ . _
<br /> - — f. Ooc�Puc9+ Preservatiow. Maieteeaaee pod Protection ol�16e Propert9; Borro�ru s I.oau Applicatioo:
<br /> Le�ehoi�6. Boctower shall ocxvpy,establish,and ase the PropeRY as Bocmwer's principal cesidence within sixty days afrer
<br /> ac$or�awer� nsidence fac at
<br /> tUe axccatim of this Securiry Inmument aad sdaU rnatinne w occupy tl�ee PropenY writin whieh�ins�ent shall not be
<br /> k.ut one year after the date of accvpaocy,.�mtess Lender othawise agroes 8• -
<br /> -_ '�uueasooabty wid�td,ar uakss exteaua6ng ctrcumstanas exist wbich ue beyand Borrower�s contml. Banawer shal!not ,.
<br />- destroy.dama8e or impair the Pmpaty,allow the PmyertY to deteriorate.a�commit waste on the Pmpaty. Borrower shalt
<br /> -_; .. tie in default if any forfeinne actian a procceding,whether civil or crimina�'is begun that in Lender's gaod faith judgment : —
<br /> � could tesalt in forfeidue of tf�e'Ptpperty or athenvise macerially impair the lien creat�d by this Securiry Insau�a�E ar --
<br />- � � . I.endec�s security interrst. Barrower may cure soch a default and ainsiate.as provided i��araSraPh 18.by eausing die aciion '. �.=.�=-
<br /> - - , • `�.'oi"pmceeding to be dismissed with a n�ing thae,in l.ender's good faith detecmivatian.�secludes forfeItur�of ttte Bor�nwer�s . .. �-3�
<br /> iatectst in the ptoperty or other material impairment of the lien cceated by this Security Instrument or 1.eaderi+security � , . . �,,�-
<br /> - inteces� Bocrower shafl atso be in defauIt if•Borrower.during the loaa application pracess. gave materiaqy falsc ar �_�
<br /> �,� inaccurate infortnation ar statements to Lender(or fa�'ted to provide Lender with aay material infonna6on)in connurion with �_-_�.
<br /> �____--
<br /> the loan evidenced by the Note,iactuding. iwt not timited to, npresentations conceming Borrower's occupancy of the
<br /> . Property as a pcincipal r�sidence.:iEthts Security Instrume�rt is an a leasehold,Borrower shall comply with al!the pcavisions ����.
<br /> . of the tease. if Ba+i�awer acquutis fee ritle to the Prope�ty.the leasehold and d�e fee title shall not merge anless Lender ag�es
<br />- � to the merger in'vvri�g. :.� .: . : --- --
<br /> 7, protatio�of Le�dcr ff Rights in the Propert� If Bairawer fa�'Is to perfom� the covea�nts and agreemgnts
<br /> - cantained 'm this Secu.rity Lutr�men�or thene is a Tegai prooeediaa tbat may sign�canily affect Ixnder's rights in the _
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<br /> pro�erty tsuch as a proceediug m bankmptcY.Probate,for cancFem�tion or forfeiture or w enfarce laws or regulatipns).then . q;� L "
<br /> " ,t lxnder may do and pay for wbatever is necessary to pmteci the value of the Ropectg and Lender�rigiits in the P'r°petty - � '`;
<br /> '� ,.;. :, ::
<br /> Lendert acttons:nay inetude pay ing any sums secure d by a tie n w h i c h h a s p ri o ri ty o v e r i h t s S e c u r i ry Instrument,a p p e a r in g .. .�,�;: ..
<br /> in court,paying reasonable attomeys'fees and entering on the PropeRy to make repairs.A(thou�Lender may take action
<br /> � under this paragraph 7.Lender docs not have to do so. � �, �
<br /> Any amounGq disbursed by L,ender under this parapaph 7 shall become additional debt of Bortower secured by this • .,. ,"
<br /> Secudry instrumen� Unless Borrower and Lender agree ta otl�er terms af paymen�these amounts ahall bear interest fro�n tlte _�.,:;.:. ,__
<br /> � � date of disbursemcnt at the Note rate and shall be payable,with interes�upon nouce from Lenderta Borrower ret{ues�ng -= ;'t�:;� ��
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<br /> �• ,.i•.• . S. Martga�e Insurnnce. If Lender rec�Cired mortgage insurance as a condition of making the loan secured by this .. -,_
<br /> � �`= Secnrity Instrumen�Borrower sha11 pay the premiums required to maintain the mortgage insutana in effect. If,for any - _
<br />' • � �.'� reason. the mort�e insurance caverage requ�red by l.ender lapses ar ceases to be in effect. Borrower shall pay the ? .'.,,1,t:�.;�' —
<br /> ' � -�'�. premiums required to obtain coverase subst�ntially ec�uivdRgnt to the mortgage insur�ce previously in effec�ai a cost .� , = -
<br /> • �`�; substandally equivalent to the cost to Borrower of the mortgage insurnnce previously ineffect.fram an a ltemate rnrn*�age' � �� .�,:,� "
<br /> . insiuer approved by Lcnder. If sulxtantialty equivalent mongage insurance coverage is not available.Boaower shalk}�y to '_1��;__
<br /> l.ender each month a sum equal to one-twelfth of the yearly mortgage insurance premium being paid by Borrower when tfie A.
<br /> insutance coverage fapsed or ceased to be in effect. l.ender will accept.use and retain these payments as a loss reserve in lieu �`�';��_�..
<br /> � of mortgage insurance. l.oss rescrvc p�yments may�o fanger be required.at the oplion of Lender,if morcgage insurance ,•;T:_:.:.,,:- __.i:=,
<br /> � - �.; coverage(in the amount and for the period that Lender requires)provided by an insurer approved by Lender again becomes • . . �?�•:��"=�:
<br /> � available and is ohtained.Borrower s6a0 pay the premiums c�yuired to maintain mortgage insurance in effec�.ar to provide$ � '.;;�`�_
<br />- ' '�� � � loss reserve,until the requirement for mortgage insuruncx ends in accordanze with any writien agreervs:�between Barrower • .•-. , 't�
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<br /> :;.K,�;.,.;.,..,.., , and Lender or Applicable law. • . "
<br /> � :�k W.�:' _:•„,�� 9. lnspceNoe. Lender or its agent cyay rnako reaconabte entrirv upon aad inspectionti af the�toperty. l.ender sha11 . . . ,
<br /> ' r�' , ;� ' give$oaower notice ut the timz�of or pnor¢o an inspection spccifying reusonablc causc for the inspection. �:' ;•,`���`.,'• •. • •
<br /> �.ti 20 Condemnatbn. The proceeds of any award or cldim for damages,direct or cc+�seyuential,in ronnection with any ;
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