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<br /> -- �'�•• '• periodn thut l.e�uicr reyuirc«. The inxurunce currier providin�t�he inwurance sholl be cbusen by Borrowcr subject�i�L�nder:v
<br /> �� '�y�' u roval whieh chall not be unreu�onubly withheld. If Borrower fuils tu muintafn c�veruge dexerit+ed utx►ve.Lander muy.ut
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<br /> '��'�i.;hk.:...,��� • Lenderb option,aMain coverage tc►pratect Lcnder's ri�hls in the Propeny in accurduncc with purugraph 7.
<br /> • • All in�urunce policieh and mnewalw xhull be accepluble to Lender und shull inrlude a stund�ud mnrtgago cluuxc. Lender
<br /> ' shall huve the right tu huld ih�pc►licies und renewuly. !f Lender reyuircs,Burrawer shull prompdy givc to I.cndcr all recciplti __
<br /> .,,��"t� ,�f , of pad premiumx und renewal noticew. In the event��f loss,Borrower whull�ive prompt notice ta�he in�urnnce cAmer wKf —
<br /> �-'�- � Lender. Lender may makc praaf of loss if not made pramptly by Bormwer.
<br /> .Y•� fi .�� Unless Lender und Barrawer athenvine Agree in wn�ing,insurance praceeds shall be applied�o re�+torutiun ur rcp•rir uf �— --�--�--
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<br /> the Propeny damugad, if the rerrorA�ion or repuir is economicaUy feurible s+nd Lender's security is nat Iesrened. If the
<br /> ,�'u " restorutiun or repair is not economicully feuxible or Lenderk xxunly would be Iesxened, the insunmce pnxeeJs�hull be
<br /> "�"'�•`'�7'"'•' �'.'` applied to the xum+ secured by Ihis Security Inxtrument, wlather or na then due, wi�h wiy excesx puid to Barrower. If�
<br /> � . - ��. Borrawer ubandons the Piroperty. or dces not onxwer within 30 doyx u notice fram Lcnder that ihe insumnce curricr hati ��,,,__
<br /> --- � offered to setde a cloim,then 4ender muy collect ihe insurancc prixeeds. I.ender m:►y u5e the prcxeed+to repair or rextore �-�.;-
<br />��°a•� - � • the Propeny or to pny�umw secured by this Securiry Inwrument.whether cx not then due. 7'he�0•duy pericxl will begin when =,_ _
<br /> —�_� : .:��'� � � the notice i�given. ��`
<br /> -��` , ��'- Unless Lender und Bortower otharwiFe agree in w�iting, uny applicu�ion of prcxeedx to principul shull nnt extend or o"° �
<br /> , pos�pone the due dnte of the monthly payments rcferreJ tu iu paragraphs I und 2 or changc the umaunt of the puyments. If �=--_-
<br /> ",.�,' .• . B Qs�,�T�.
<br /> � „ •.•x+�• - • under pumgruph 21 �he Prapeny is acyuired by Lender, Barn►wer's righi to nny in+uranre policie�und proceeds rexul[in
<br /> _��� �„ . � „ from dwnoge to the Propeny prior to the ncquisi�ion shull p•rss w L.cnder lo the extent of the yumx secured by�his Securiry �._;
<br /> - .+ '�'`:.�,, Instrumant immediately prior to the ucquixition.
<br /> � ' �..-�n.v�:+�::;stii. •• 6. O c c u p anc y, PreservAtlon, Malntenance end Protectlon oP the Prope�ty; Borrower's I.oan Application: �s•i.�;-
<br /> ��-�� - - � Leasehold�, Burrawer xhull occupy,cxtublish.and use the Propeny as Banower;principa l re+i dence w i t h i n s i x t y d a y s a f t e r __ _�_
<br /> " ° �� '� , • the execution af�his Security Instrument and shull continue to occupy the Praperty as earrawcrti principal residence ior nt ""-��^t._
<br /> � lea�t one yenr afler the date of occupancy, unlexs Lender othenvise aRrees in w�iting, which consent shall not be ;�,'. b4��-..
<br /> • unreasanably withh�ld,a�unless extenuuting clrcumstances exi,i which ure beyond Bonawer ti control. Borrower shall not ....���`,.-„ .•_;,i;
<br /> ' . destroy,dumage or impair the Property,allow the Propeny tadeteriorate,or ccxnmil wuste on Ihe Praperty. �orrower�hall ���K,�.\,.,i.;.
<br /> � ��� �� be in default if any fart'eiture uctian or praceeding,whother civil arcriminal, is begun thut in L.ender's good faith judgment �����;,�;,,,.,�
<br /> •' .. could result in forfeiture of �he Property or o�herwise muterially impuir thc lien rmuted by thix Security Instrument or ,.H.,��t.�,. ,:r,"y_
<br /> ' �I � ' • . Lenderi;secu�ity interest. Barrower mny cure such u defuult und rein+�ute,nx provided in puragruph 18,by causin€the actian .,�,;.,;.•�,.•--�
<br /> ' or p�aceeding�a be dismixsed with a ruling that,in Lender K good fai�h detem�inution,precludes fort'eiture of'the Bomower's .;,���M„,,_
<br /> � interest in the Propeny or nther mn�erial impAinnant oi the lien crcated hy thiz Security lnvtrutnent ar l.ender's securiry ;��_ � ..-
<br /> ' interest. porruwer shull ulso be in default if Borsowar, durinR th�: lo•rn applicution praex,, guve muteriully falu� or ;�•:�;'•
<br /> -• inaccurate infbrtnution qr xtatements�o Lendnr(or failed ta provid¢Lender with uny m�teriul informution►in connection wiih •
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<br /> ;,.�: ., th�s loun•evidenced by the Note, including, but not limited lo. rep�s:enrotionw conceming Borruwcr: accupuncy of the "�;��'�-:a
<br /> - . Proporty us a principal reti�dcnce. If lhiti Sccuriiy it�.tii�uma�ii u i�B a lcarchnld.8ormvrcr�;hal!:omply ti+ith a!!!!u prnvis4cm� •�.+��=-'=-. _
<br /> of thc leuxe. If Borrowcr ucyuires fee tiUe to thu PrMx�dy.the Icaiselxrld und thc fec tiNc xhull nut mcrge unlesti Lender u�rees �.'�`L�_'"�
<br /> . to thv m�rgcr in writing. �'�"_._`: —
<br /> � 7. Protectlon uf I.ender'� RiRhlg In Ihe PropQrty. I( Burruwcr 1'uilr to �Abnn thc covcnum� und aFrecments ,,
<br /> .. " contuineJ in thi.r Sccuri�y Ins�rumrn�. ur Ihrre i.u Icgul pnrc:redin�t �hu� muy +i�nihcundy uticrt l.ender+ �ight+ in �he _� ,
<br /> Prop�:rty I+uch a�u pnKCeJing in hankruplry.pniha�c,liw rundumnntinn or liirtcitur.��r tu rnlime luw�ur rcµululi�►n+l.thrn ��
<br /> l.cndrr may du und pay ti�r whu�rvrr i,nrre.,ury tu prwau�thc �•:duc of�hc 1'm�xrrty:+nd Lrndrr+ri�ht� in�hr 1'ropcny. �-��
<br /> • Lendrr:uctiun.muy inrluJr paying uny�um.ururrd by u li�n which hur.priuril� avor Ihi.ticrurily Im�rumem,uppeunn�: E,;��,.._
<br /> , in cuurt,paying rcuumuhl�uuomcy.'tre.und emerin�•�H� tM: 4h+c�wny in��wku repuir+. Aqhaugh Lcnder muy tuke uc�kun �;,:T•_
<br /> .. under thir parugraph 7.l.rnJrr dik+n�►t huve a�du,u. �'i'.:
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<br /> � Any amountti Ji.burud by Lendci�undrr thiy paru�rc�h 7 �.hall txtrum�:•r�ldifimul Jcht��f Burri�wcr ucurcd by Ihi� � . ,
<br /> � . S�wuri�y�Inslrument. Unle+,Borrowrr unJ Lcndrr a�.n�e a��nhur t�rtnti ul payn+unt.�ixtnv um��unl+,hull ik•rr inlen+l from�he ' � =r
<br /> dal�ol dishur�emrnt ut the Now rutc •rnd xhull he puyublc,with inta��:ni,u�en�xvi�:u fnnn Lender�o Borruwer rcque+ting �:�_�,,,�
<br /> ' pnynv�nt. • ,. : �-
<br /> 8. MortgaRe Insurunce. If LenJar rcyuimJ mwhgaga in.rurinuu as u�vn�litian nT muking�hc loan necured by thix
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<br /> ' Security Inrtrument. Borrowrr+hull pay tFv: premiumy rryuir�l �u maineain�ha mvngugc inxurunce in effec�. If, for uny ,••,.-, �
<br /> � reuson. 1he mongu�e in.urwue coveruge mquired My LenJrr lapveti un�:cura.�s t�� bc in et'firt. Borrower shull pay the �::'`��°,=°--
<br /> premiums rcyuircd tu obtain cover•rge suhslunti:dly cyuiv:de�n t��ihe mo►tpa�e in.�runce previously in effert, at n cost `?.<;���,:;_:
<br /> � ' substuntially eyuivalrnt to thc c��st lo Borrowcr iif thc mortgagu inrurotrwe prr�iou.ly in effert.Yrom un ulternate mortguge zi�x;�,.�—
<br /> •� • in�urer upproved by l.ender. If sub�tuntially eyuivalcnt mungago in�urunc�caverugr i.not a�vailable, Burtower shull puy w ,t;,���w`r=--
<br /> ' Lender eurh month a.um rquul to onr-twelflh��t'�hc ycarly murtgagc imuruncc prcmium ix ing paid by 13ormwer when the
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<br /> ' � in.rurunce covc�uge lupxed or crused to bc in cffrrt. Lcndcr will urccpt,u+e and rc�uin thes�paymrnt.a�a lu�s rcserve in lieu :-;;;,,-- •
<br /> • `. af mortg;�ge insurunce. Loss re.crvc puymrnt�may no longer ix reyuired, ui thc�►pliun uf Lrnder, it mongage insur:uice ;:a:-�-•-
<br /> coverugc lin the amount und for thc{xruxl Ihut Lcndcr reyuires►pmvidrJ by an inwnr i�pprovcd by Lcnder ugain t+�comex " �`^�� -_
<br /> � • uvuilable und is obtuincJ.dorrmvrr�hall p.q'1he prrmium+rcyuirrJ t��mainl.�in mortgagr in.uranre in cffcct.or to provide� ' .
<br /> losn rexcrve.until the reyuiremrnt 1'or mimEugc in.urnnre rnd� in:KCi�rdanrr N•ith tu»•w•riurn ngrcemenl tx:twecn Borrowcr
<br /> " and Lendcr or applicablc luw.
<br /> , 9. Inspection. Lcndcr or il,agcnt mu�•muhc rru.unahk emric.u�xm anJ in.prclium uf�hr!'ruprrty. Lrndrr .hnll
<br /> , . givc Borrmvcr ix,tic�nt Iha timr al'ur prinr to an im�xctiun��:cifyinN nu+onahk rau.c tiir thr in,�xrtion. j
<br /> ; 10��Condemnatlon. '1'hr prucecd+ul'uny a��:�rd��r claim fnr d;unag�,.Jirrrl ur runuyucntial.in runncction wi�h any �
<br /> timElcF.�mil.�•-Fannlc�fuMFrcddkNucl'11F11fl�f IVti'1'Nl'�1F.�i1' .l�mlunut'o�.nam. Yiyp �p,ip,•t,��r��r,��r��
<br /> •� , - ��rc.d I.,►��Hrio-�F�m��.Mr � •
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