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<br /> -���'''°'"'�?�'�:'. , pedais liwt Lendcr rcyuires. The inarurwxe cs�rricr pmvlding tl�c in�urunre+huil be chnxn by BoRawcr.uhjccl to l.ender h �..�"`',�-.---
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<br /> F;'��''�'°` � uppruval which shull not be unreawnubly withhcld. If'Horrnwer fuila to muimain wve�age de�rihed nbovc,LenJer mvy,al
<br /> - � ''a�� �"t�'' •'�� L.e�Nier i�op�iun,ol►tuin coveroge lo pro�eci Lende�*righ►c in the Proprny in accu�dance wilh paragraph 7.
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<br /> '� �S�tS'•��`t•�"" �n . All inxurance ticies and renewul�:�hall t+e acceptablc�o Lender und+hull include u+tundurd mongaue dnu+e. Lende�
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<br /> , � . . , �hall havc�hr right to huld the policies unJ mnewal�. If I.cnder reyuirex,Borruwcr yhull prompUy give�u LcnJcr ull receipt+
<br /> '�.'`�" �'., of paid prcmium5 und renewul noticex. In the evenl uf Ims,Borrower+hull give prompt noticr�o the in.rurunre curric�su�d
<br /> 'r i4���.._.�' Lender. Lcnder mny mekr pnK.f of los�ii nnt made pmmptly by Rorrower. -_- -- , _
<br /> _�`-��i Unkss Lendc�and Borrower ahcrvvi�e ugree in writing.insurancc pr�xecd+rhall I+e Applicd to n�turu�iun ur repuir of �
<br /> � `'" . ,.. the Piroperty dumaged, if the �extoraiion or mpair i. ecanomically fea.ible and Lender+. �ecurity i.not Ie..ened. If'the
<br /> �• `�`��'��'' reuorAtion ar repair ir nol econcxnicully fe;��ihle ur l.ender;ucur�ty wnulJ lx: Ieti�ned, thc imurunre prcxerdx shall be
<br /> •_•�-,•°;i'�� , upplied ta Ihe sumy secured by �his Securily Inslrumem. whether or na then due, with any exce�a puid w Borruwcr. If'
<br /> T' ` Botrowcr ubandons �he Piropeny,ar da:s not unswer wi�hin 3l1 dayw u notice from I.cnder thut ihe imurunce rurrfer hus
<br /> � � . offered to senle u cluim,then Lender may collect the imur:uice proceed�, L.ender mav use�he prcxeeJ�.to rrpnir c�r re+�are --
<br />���y � � the Property or to p�y sums securcd by tbis Securiry Instrumcnt,whelher or nat then due. The 30-day periad will begin when __ __ ___
<br /> �= thc notice in given. -__----- --
<br /> '�' '• Unle�s Lender und Horrowe�Mlurwi� u ree in writin an u huui�m of rocred+io rin�:i rl +hult noi rx�end nr -
<br /> _' •��,__�,=_-�•':. . � �� ' Y PP�' P p P'
<br />_,:•.;_ ° � paslpone the due date of the munthly puyments retert�:d to m pamgraph+ I und?or chunge ihe s�muunt of the payment�. if _�-__
<br /> ::�� •,;.• `� under pamgraph 21 the Propeny i�acyuired by Lender. Sorrowers right to any insur:uice�liciec and proceed�; resulting
<br /> •� . from damage tu�he Prop�ny prior ta the acyuisition sh�ll pa�s to l.ender to�hr exient of the�cumw secured by this Security
<br />__ ' . Instrument immedfately prior to the ucquitiilion. ���Y�'��
<br /> _ ' 6. Occupaacy. PreservAl(an. Maintenance and Proteclion of the PropeMy; Ba'rower'a l.onn Applicatioa: 4
<br /> - � LxASehold.r. [iorrowor shull occupy.etitabli+h,und urr Ihe Prupe�ly ur Sorrower h pritticipul rcx�dence within.r'ixty days after �,,,n_�; -----
<br /> - � the execution of thix Security Inatniment And shu0 continue to accupy the Propeny a+Bortawer:principal rrxidence fur at �--.�=---
<br />• , �• � • . least one year after the dute oP c►ccupancy, unlesz Lender othenvi�e ogrees in a•riting, which con.r•ent whull not be z'��-
<br /> � unreationubly withheld,or unle.s ex�enuuling circumy�+mceti exis�which ure beyond Borrawer z comrol. Borrower chull not ,tiM
<br />- destroy,dumage or impair the Propeny,ullow the Propeny to deteriurate,or commit wustc on the Pmperty. Borrower tihnll �"` r
<br /> � � �' be in defuult if any forfeiture nctian or p�aceeding,whether civil or criminal,i. begun Ihu�in Lender\€oad faith judgment �'�,
<br /> . " � could resull in forfeiture of the Property or othenvise materially impuir the lien creuted by thi. Secuaty Instnimenl or �y=��,`:_
<br /> . Lender K security interest. Borrower may rure xuch u defuult and reinstute,us pravided in pnragruph I R,by cnusing the uction • .� .
<br /> or praceeding to be dismissed��ith u niling tha�,in Lender i:gaxl ft�ith determmation,precludes forfeiwre of the Barrower's , _
<br /> '�:=-_.-- .
<br /> �� inkr+est fn the Propeny or other ma�eriul impnirment of�he lien cmated by this Secunry Imtrumrnt or Lendrrs �ecurity r;��;�
<br /> • , ' , „ , " interest. Borrower shull alsa he in defuult if Borruwer, during the loan applicution proce,,, gnve muteriully false ar �--
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<br /> � inaccurn�e information or s�alements ta L.ender lor fuiled�o provide Lender with uny mo�erial infarmntion)in canneclion with �-_=---
<br />� � • � � the loun evidenced b the Note, includin , bu� not limited to, re rcsentations rnncerning Borrawer i cecupancy af the �`�°�''�' �
<br /> ,�°'' • PropeRy us n principal rewidence. If Ihis Segurity Inzuumen�ix on u I u.ehnld.Barower shnli compiy wi�h uil�he pravi+iun+ � :
<br /> ' " of Ihe leuxc. If Borrowcr acyuire.r•fee title to the Property,the leauhold und the fee title�hull not merge unlebK l.ender agrecs `
<br /> � . tothe merger in writing. �:'�,�,
<br /> ,�•.; 7. Protectton oP I.ender's Rishts in the Property. If Borrower failc; to pedorm Ihe covenuntti and u recment. --*r�-�---:.-=--
<br /> b� �:_• tr.�s —_
<br /> cantuined in thir Security Inxtrument, ur there i+a legul pnxeeJing that mny +ign�ficunUy aife;t Lender's rightw in Ihe �� ,�
<br /> , Propeny(�uch ux u praeeding in bunkruptcy.probate,far condemnuticxi or fnrfei�urc or la enforce luw�or regulu�ionsl,then �^___v
<br /> " Lender may do•rnd pay far whatever is nece+sury to protect thc valuc of the Prapeny nnd Len�r.rightw in thr Propeny. -
<br /> ' Lender K uclion�muy include puying uny,um,�rcurcd by u lien which hu�priority over thiv Serurity Instrumenl,appeuring �""'-°�-�
<br /> ` in raun,paying rea,onahle utlomeyx'fce.and cntering un tlx�Propem•to m•rke repuin. Allhough Lender muy luke�ction --�--•—---�
<br /> under thix purngraph 7,Lender dner;not huve ta do+o. �"j`-�
<br /> � . Any amount+di+huned by Lender under Ihiti puru�;ruph 7 .hull become uJdilionul debt of Bi�rruwer.ecured by this c:•a••--
<br /> Security Inztn�menl. Unless Borruwcr unJ LenJer ogrce Io uther lemn oi paymenl.�he�c umourn�shall bcar interezt from the ��`-`�''��'�
<br /> � . date of disbursemcnt rt the Nae ralc and.h•rll t+e payablc,wi�h imercst,upnn notire from Lendcr lo Borrower reyuesting ����M_=_-
<br /> pnyment. ��-�;�
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<br /> S. Mootgage Insuranre. If Lender reyuimd mongugc in.uruncc uti u ronJition uf muking the loun ,ecured by Ihix �,� • _
<br />� , � Se�urity Ins�rument. Bortowcr shull pay the prcmium.reyuireJ�o mainiuin the monga�e intiurun�e in rffecl. If,for nny -� �
<br />• . ' neuxon,the mortguge insurance �•ovcruge reyuired by l.cndcr lap�e. or ccu�rs tu he in effect. Borrower shull puy the =�—��.:":_: _
<br /> � premium� reyuired to obtuin covrroge rubziantiully cyuividem to the monga�,c imurunce prcvioutily in effect, A1 A COSI ' „ �-
<br />' � subslantially eyuivulenl la the co,t to Born�wer of thr mon�•r�c in,urunce�mviously in rffrct, fn►m an altemate mortguge �
<br /> .' inxurer approved by Lender. If tiuhsiuntiully eyuivulrnt mortga�r inzurance rovrrage i+not available.Borruwer xhnll p•ry to ,:y-u:.y---
<br /> . Lender cuch month a�um cyual lo on.:-twrlfth of thr ycarl�•munFage insur:mrr premium tking puid by Burrower when the ���- -�
<br />- � • insurwtce cover,�ge I�pnrd iir rcuscd tu lx in e1Trc6 Lrnder W ill arrrpt.u�c anJ rciain thc�paymcnt.u.u lus.re.crve in lieu .�w�F
<br /> �:-:�.-�_--.
<br /> . . . of morlguge imurrnce. Lors re.crve paymrnty nta� no I��ngrr h� required,rt thr��p�iun ot Lcnder,if mortgage in+urunce �-=-__--
<br />. coverage lin the umount and far the�rial�ha�LrnJrr reywr�+1 pru�•ided hy an in,urer t�pprovcd hy Lrnder•r�ain becomes ;._,,:'^_.:�,..
<br />' � uvuilubk und i.r abluined.Borruw�r shull puy the premium�reyuircd�a maintuin mortga�c in+urancr in rl'1'rct.ur to provide u ,
<br /> ' loss re+erve,until�hc myuircment tiir nwnga�e imur.mre rnd�in uccordanrr with any wriucn ugnemem Ix�N•ecn Bormwer
<br /> and Lcndcr ur appliruM�lau•.
<br /> ' 9. Inspection. Lrnder ar i1�a�em ma} mal,e rca.unahlc rmnr.upun and in.Exruun, uf the Prnprrt�•. Lcnder+hall
<br /> j:1VC BOfrtNCYf IloUl'C.11 Ih�limc of or priur to an im�xriiun��rif��ing na,onublr cau,e ti�r the in,�xrtiun.
<br /> r 10. Cnndemnation. Thr pnxcrd�ol.my :�u:�rd ur rlaim t�,r J;nnagr+,direc�ar cun.cyucnuul.in cunnec�ion with uny E
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