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<br /> .. � . periods duc l,mder neeqaices. 7he insur�oc id�tt�,i�uranac sha(t 6e,cl�asen b�Bocrowa subjeat�I.rnder's-- . - -
<br /> _ aw�a.uuw�cs n�s`J+=�-- —
<br /> — = i—�--- (111�Ci 5 p(1Lj011.p�ijn COYC'WgC W pI0[GM l.d1dG[S ZI�NS 1I11�IC pIOQGfiy tt1�CCO[�f1�Y Wttlt Q1[�$Ti1Q�17. `. � `
<br /> /w It1.W�311CC�pIICICS�tL�IfW��S�i8{��IG aC�i.'�1jC IO�lRdCC 3Ii�Sh3f31I1C�Q�i.`-$St�71t�t1M)J1$'d�C C�pSC. �DdCT . ' ,
<br /> . sh�ll have dtie rigiu to i�oidthe policies aed renewats. If Lender�equires.Borrower shalf P�P�IY S►�e to lsnder�Il noaipr .
<br /> � � of p�id pcemium�and t+enev6��1 qotias• In the tvept nf[oss,Bom►wer sh�l!give prnmpt notict to t6e insur�oct c�rrier ud
<br /> l.ender.-Lender may tn�c proof of tass if flot made P��I�Y�Y�wer. `
<br /> = EF�skss L.rnder and Borrower otherwfse a�ec in wntiog.I�sur�nee pcoexds si�aU!x•applied to restor�tion a iepwir af
<br /> tl�e ptvpetty damaged,if the testExaarion or n�air is econan�calIy feacible aad t.eader's.security is not lessened. If the
<br /> ' c�storation o�iepair is noe tcarwmic�lly fc�'bk or�.tnder's security woWd be lessened,the it�s�nce pioceeds.siialJ bc
<br /> , �applicd to thc sums sau�ed by this Securiry Iaswment,whether or not theo due.with any excess Qaid to Barnwer. If
<br /> Bo�rowes ab�ndans the PtopeEty.ar does not�nswer vritdin 30 days a natice fcum l�ectder that the insurrnee carrier h9s
<br /> offe�ed to settle a claim.tM�Lender may colicet the insurance proceeds. Lender may use the pcuceeds ta iepair or iestae -
<br /> � tbe Pmpeity ar ta pry smns�by this Security Instrunxn�;whe�er or aut then dne. '�ltt3t�day paiod wiU 6egiawlxa
<br /> thctaticc is giva� .
<br /> =: . E'nkss L.ender at�d t3ottowa ottrciwisc agree in writing,any applicaUOn of pmceeds to prinapal shal!rat exteM or
<br /> ' pc,�one the due datc of the monthly paYinents refemed to in puagraphs 1 and 2 or change�he amount of tiie paymmu. tf �
<br /> • �paragcaph 21 tha PtopertY is acquirsd 6y Esnder.Bormwer�s rigbt to any ensurance policies aud proceeds tesulting : .
<br /> &�z.daznage to the�ropecty prior to tbe acq�isidon shall pass ta Lender to the e�aem of the sams secur�ed by this Secuaty
<br /> - � Instr.ui�ent immed'iate�ty prior w the�cquisition.
<br /> -- 6. Occapsncy. Preservstio4. Msieknance and Protection of the Prnpertv; BorroWe�s l.oau Ap�liar,
<br /> i.easeholds. Bormwe�shall occupy.establish.and use tl�e Ptope�ty as Borcower's�pal residence within sixty�a}s aftec
<br /> _ thc execvtion of this Security in.�trument and shall continue to accupy the Prnpecty aa Barrower s pcincipal izsidenc^t for at
<br /> _ irast one year after the date of accupancy. untess l,ender otherwise agcees in.g.amig, which con.sent shall.imt 6e
<br /> � urircasm�bty withheW.ar unless eztenuating crrcumstances exise which acc beyoad Bui�+owet�cantrol. Bormwer�1 Aot
<br /> -. � , desuoy.damaSe or impair the Properly.a�1ow the Pmperey to deteriorate,or cammi[�r��x on the Property. Bormwec st�all
<br /> °� 6e in defa�it if any forfeiture xtion or proceeding,wheti�er civi}or crimunl.is begun that in Lendec's�good faith judgment
<br /> ;z'` • could resuit in forfeiture of the Property or otherwise materially impair the lien cceated by this Securi'ty Insbrurtient or
<br /> _ ` Lcnder�s security interest 8orrower may cure sucb a default and reinstate.as provided in paragraph IS.by causing the action _
<br />= orproceeding to be d'ismissed with a ruling thai.in LendeF's goad faith determination:preciudes torfeiuue af the Ba[rower:s °' `
<br /> imerest in•the Praperty or other material jmpairment of the lien created by this Securiry insmiment or l.enders secarity _ _
<br /> ; unecest. Borrowcr shall a{so be in default-if Bo►tnwer. during the toan applicution process, gave materially fa�se or -----_
<br /> r+ • inaccurate ic�formation or statements to L.ender(or failed to provide Lender with any materiaf information)in connectizm with ���=
<br /> en
<br /> } � the loan.evidenced 6y the ftote, including.but not limited to. tepresentations conceming.8urrower's aceupa�.;fif the —__—__
<br /> t..:��. , Ptoperty as a gmscipal residence. tf this Security lnstrument ic an a leasehald.Borrower shall comply with all the�u`visions ___
<br /> � of the Iease.;�If�e�+ower acquires fee title to the Property,the leasehotd and 1he fee title shall not merge untess l.eac�:agrees �
<br /> to tbe merger��:ifing. ` � �---
<br /> _ :T. pr�on ot Lendu's ts in tlte . If Borrower failc to perform�he covenan�c and ag�ents �"�`'-�`_=`
<br /> � . �cm..;a;:ied in ttsi4 Secucity Instrum�r thcre is a f��egal ptoceeding that may signifrcantfy affect Lender:s ri�:in�he , �;�,;
<br /> '' -:;: prbperty(sucii ss�proceeding in bankrupecy.prabate.for condemnation or forfeiture or to enforce laws or regulations),ihen p� i:+�.: -
<br /> � Lender may do��pay for whatever G�:aecessary to protect the value of the Piroperty and Lender's rights in the Property. --� �';-{ -
<br /> ` �= l.ender's actions inay include paying any sums secured by a lien which has priority over this 5ecuriry Instrument,appearing ���='.r .`��
<br /> , in eourt.paying reasonable attomeys'fees and entering on the Property to make repairs.Althougb l.ender may take action ,* ��_�'.� _
<br /> � .• under this parasraph 7.l.ender does not havc to do sa. :�-���: �-
<br /> Any amounGs disbursed by Lender under this paragraph 7 shaU become additional dcbt of Borrower xecured by lhis • ��t'_. ,�
<br />; _, Security InsKrum�,t. Unless Borrawer and l.ender agree to othcr tcrms af payment.t hese amounts s ha i i b e ar interest from t hc '�-n""�:`:-
<br /> date of disburse-snt at the Nate rate and shatl be a able,with intcre.t,u n notice fram Lender to Borrower re uestin `�
<br /> P Y P° N € ;���'".'�-_
<br /> payment. - -
<br /> & Mortgage fnsu�anee. lf L.ender required moa�ge insuronce as a cundition af making the toan secnrt�i by thiti �`s��=^
<br /> .' :,.;�._�.-
<br /> � �` Se::c:^�+ lnstru:*ient,Barrower saall p�ay Ihe premfumti r��rzd to maintain`the marr���:intiurance in effect- iY`_�nr any � ��. .-'"
<br /> ��;� rrasJn. the r.�a;!�ags insurance caverage required by L,z-�t�r lapses or ccases to��•in ei'fect. HOtfPN'er �iiu��'�pay tAe ��, �
<br /> . ���' premiunss r�.�:;��.�.i to obtain coverage substantiully eyuivalent tu the rriortgage intiurance previausly in eifect:at a wtit • � -
<br /> , ".�: subsiantia'�;�c��i�alent to the rast to Barr��wcr of�he mnngage intiur�r<<�:�:evioutity in effect,from an altemate murtgage • -�
<br /> _ insnrer upproved by Lendrr. If tiubrtuntially ec�uivatcnt mongagc insurGra:�:,;overa�e is nW available.Honawer shall.pay to c;:.._�
<br /> � L�ec�C;r each month A sum equ:�l to one-twelfth af the ycarly mortgage i;.�ur�nce prem��:n heing paid by Borrower�vhtn�he �-°:���
<br /> ' � er�s:*�ace caver� e la srd nr c�::,•:ed to he in eifec�. L.ender will acce t.au aacl relain thc,e a ments ay a lasti re�c�v�in lieu '°�"=
<br /> ' S P P P'Y .--'_:s,:_
<br />- a af�m�*tgage insnrance. Lctis n:-�erve paymentr may no longer fx:reyui�s:;'..nt the aptian af Lender, if mottaat-�:�nsurancr '`_�':
<br /> � �. eo��erhge(in che:L��ount and ior the periexl Ihat l.eadcr mquiret)pro�•i44�i!; an in�urc�apprc+ved bc �,s,mder again become� • ,
<br /> • � . 'r- availabte anG's�cl•�,ained.Bnrrower th:�ll puy the premiums nquircd te�r..�.::aain mangage imura^ce i��zifec�.or ta pmvidc a
<br /> " �, tasc reserve.unul the reyuirement fur mangage intiurance end�in ciccordance wi�h any���ritten.i�rce'nienf het�veen�c,rrower �
<br /> • .��. '� a.:�t,endcr or applicabtc law. '
<br /> -- - - 9 Inspectimt. L.endcr or itti agcnt may makc rca�ecr.:hle cntri�w up��n:md inrpuccicin�uf the Property. LenAer.hall
<br /> , • give Borrower r.o!ice ut the tire,e of ar priur to an in�pectin�,�:ciPyin�:rc,�sunable cai��e t'c�r ihe in.pectian. ,
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<br /> � 10 Condet2tnalinn. 71:c:�ra�eds��f any a�vard�lr claim fi►r damaLC�.direct vr cun�rqttential,in connection wilh any
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