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<br /> ____ A=-:� periuds thal Lendcr reyuires. The in�urunce carricr providing Iho inxuranre r:hall be chosen by,$onawer subjcct to I.cnder:s
<br /> ��{� • approvul which shull not be unrca�onably withheld. If Borrower fuils to maintuin cavemga.dat�cribqd above,Lender may,tu
<br /> __— L.endcr�optian,abtain cove�gc to protec�Lender x righta in�he Prapeny in accordance w;th pv�r�g�7.
<br /> -- All insuronce po8cies und rcnewulx shull be�ucep�able to Lender ancl s;hAl�in�lude A titqndAld mq�gage clause. l.eixier
<br /> �—_�---_�.�� �hull have the right w hold ihe pol icicx vnd renewuls. li Lender rcquitzs.BormwOC shqp iprc►mptly give to Lender all receipts
<br /> =.���:.5;; ' �� of paid premiumti und ren�:wul naiices. In �he event of loss,Barrawer xhull giv�pra�nQCi4�ta tl�t,inxurnnce canicr w�d
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<br /> "'�`'`-':�� Lender. L.cnder may muke prcwf oi la,�s if nat mafe prampdy by Borrower.
<br /> � • Unlegs Lendcr And Barower ahenvls�ugree in writing,inwmnce pnxeeJz�hAll b�s appli�d ta restaralion ar rcpair of
<br /> ���'�`;� tha Pro�;rty dam�gi:d, if Ihc re�turutiun ur repuir ix economirall�� fca.tiible and Lenderti aec�rity is na lesuned. If�he
<br /> �.'` restorAnan or repair is nat ecunomicolly fes�vible ar Lender's security would 6e lexse�d.�Ms ingurWM;e proceeds shall 6e
<br /> - —_-- " .-L'�: � applied tu the sums xecurcd by thiz Security Instrument, whether ur nnt then duu, with uny eacafi��id to Borcower. If
<br /> _=I--��'�`��`; Hortower abandons �he Properry. or daes nw answer within 3U duys u notice fram (.,ender�hat tFMS in.}urance carrier htu
<br /> - ..� offered to settk n claim.�hen Lender moy collect Ihe insurunce pracecds. L.ender muy uxa�he procaads ta repair or restore
<br /> tha Pmperty ar to pay sums secu�ed by thi�Security Insaument,whether or not then duc. The 3Uday psriod will be�in wben
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<br /> � ,'���=..', thc noticc is given.
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<br /> <� y� •� Unless Lender:u►d Burruwer uthenvise ugree in writing. uny upplication of pracecdz ta priocipal xhull nat extend or -
<br /> ,___ °�-�-��•'� poatpone the due date of tha monehly paymems�efermd ta in purngraphs I und 2 a change ttw wnounc af'Ihc payments. If
<br /> — �,,�.,�_ : "=F=-� under pangraph 21 thc ('raperty is Acqufrcd by Lender, eormwer; nghr lo uny intiurunce policieF and pr�xecJ. resul�ing --
<br /> � =�'� �� ' �''` from,rinrna�e ta the Pmpeny pdor ta the ncyuisition shall pasr to l.etder to thr extent of Ihe zum>>ecured by this Security
<br /> '�_- a �
<br /> ��� � • ' la��ument 9mmedinrel cquisition.
<br /> � y prior to�he a
<br /> �"•��=•° �'' 6. ()ccupancy� Preserv�lion. llfaintenance and P�otectlon of the Property; Bo�raw�'s l.oan Appllc�tion;
<br /> .� .`��r`� �""� ' r � Leasepaidv. Borrower shnll occu establish,and use�h�Pru �l IIS BORQR'Cf S rinci d residence within sixt da s ofter -
<br /> r:v�- . �+:',.w�.:': PY• P� Y P P� Y Y _
<br /> _ - .�-�,�P': •: the execution of this Security Instrument und shull continue�o occupy the Pmperty ati Borrower�prin:ip•rl rexidenre for at
<br /> � _ ,,,��'.'�'"''�'�"` 1�'Ar+t an: yetu uUcr lhe dute uf uccup;uicy. wde+a LCf1�ICf uthCrwitie ug+re� in utiliu�C. whidt �ai�enl +hu l l nu[ b r -
<br /> �� • � "�`;; unneusoaablY withheld,or unless cxtenuzting circum��uncez exivt which arr b�ycxiJ Bwmwer's control. Borrower sball not
<br /> ,_�t �' ..,,::� Y � P P� )•' !� Y Pe Y
<br /> ' �� ;';_.,`. destra ,�I:+ma e or im air�he Pro rt allow thc Pro rt to deteriora�e,or commit w•a,te un tt�Pro n . Borrower shall
<br /> ��, �` bu in defuuic if any farfeiture�ction or pra:eeJing,wheiher rivil or criminal,is lxgun that in l.ender;gnod t�ith judgment
<br /> -J s�-� �` �j�.``�� •� " could rc4ul� in•tortcitur��f the Propeny or otherwi�c muteriully impair the li�:n created by thix Se�urity Ins�rument or _
<br /> ' a � ' ' Lendur4 tiecurity intare�++. Borrower may rure wch a defaul�und rcinstu�e,a�pm�ided in�ra€ruph I R,by cuusing the uction -
<br /> .'�, -,�.,�;- �: � ur prt�eeding ta lxs diami.sed with u ruling�hut,in Leixlrr:g�xxl faiih determinu�ion,prccludea fi�rfei�ure of the BoROwer;
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<br /> :•:�_� interer:t in,tho Prapeny or wher matcrial imp•rirnient of' the lien crru�ed by this Securiry Irntrurrknt ar l.e�der�security
<br /> _'-' � ' „ ' interest. Barrowcr �hall ul.o bc: in defuult if Borcower, during Ihu k�un uppliczuion p►accxs, gave ma�erially fulse or
<br />__-`'' " inuccurrte infortnation or ti�utements to Lender lor i'niled to provide LenJer wi�h uny matcrial ini'ormationl in canneclion wi�b
<br /> •Y' th� lann evidenced by the Note, includin�, but na limited t��, rcpn,en�u�ions roncernin� Bom�wrrk occupanry �f�he
<br /> �` ��,�,�,. h<„,� Prop�;ny us u principul rexidence, Ii�hiti Securiry Inti�rument i�un u leu.eh��ld.Barrawer�hull comply wilh all the provisions
<br /> ���?;.�� '��L' ef ih�lta��. !f Bormwer ucquirt� fc��tilk�N��hP Pn.�xrrty,�ha leu.ehnld imd ths i'ee title�hull n�N meree unless Lendcr uerees __
<br /> -�`�� . .. '� �o tha merger in writing.
<br /> . . .ti•..:�' 7. PrWection oi'Lender's Rigl��i in Ihe Prupe�t,r. IF Borr�►wcr tuil� to �xrlorm the covenunl� unJ ugrcemems
<br /> ' " � contuined in thix 5ecurity Imtrurnent, or th�m is u Iegul prixeeding Ihul may siFnitic:u�tl�• affec� Lender's righls in the
<br /> � Property I�uch ux u pnx��eding in bankruplcy,proh•r�e,for ronJrmnation��r farfciture ur to enfi�rcc law�or regulationti►,then
<br /> , •'�.�•;fs.�,� Lender m•ry do and pay f�x what�v�r is neces+ury to pn�tecl Ihe vulue uY th� f�r+�ny anrl Lender; righlti in �he Pruprrty. -
<br /> f,���•iii:;;., .,•, ,;,, l.ender+artions may include p•rying am•+um.,erured by a lien which har priority ovcr thiz Sccurity Imlrumem,appearing
<br />. .�,;;�:! in roun,paying reusonaMr atuxncy.'fee� and rntering��n the Pn+purty to mukc rcpair+. Althuugh Lender muy tuhe actiun
<br /> ':•;;'":.1 under this pur.�gruph 7.LenJrr Jo�,not havc ta J��w.
<br /> • • Any umounl+di+bur+eJ by LenJrr under thi. paru�raph 7,hull Ixcumr �iJdi�iimul JeM of Borruwrr+ecured by tbis
<br /> , �� " . Serurity Instrumenl. Unles,B�xrc�wcr und LrnJrr u�!rcc Ii�uUicr�enm ol'p:q�mrm.�hex am�►un1�shull heur interext from Ihe
<br /> �� d•rte of di�bunement ut the Nwc ratr unJ �hall Ik puyablc,wilh intemsl,u�m nolicc from Lsnder tu Burrower rryur,tin� _
<br /> ' p•rymcm.
<br /> .� S. Mort�oQe In�urance. I(Lrndcr rcyuireJ mortgagc inwrcmrr u, a cundi�i�m��f m��king thr loun�rrurr�i hy ihis
<br /> ° Serurity Inslrument. Borrowcr sh•rll pay�the prrmium.rcyuircd lu maintain ihr nwnguuc innurancc in effect. If. ti�r any
<br /> '., n�usim. Ihc nu�n�agc in,ur�mcc uuvcrage rcyuimd h�• Lcndcr liip.r, or rc:urti lu Ix� in el'1'crl. Burro�ver ,hall puy Ihe _
<br /> . • premiwm rcyuinJ ta c�btain cu�•cru�c +uh.twnially� ryui�•alrnt tu Q�r man�atr inr.urancc previau.ly in ct�frct. at a co.1 °
<br /> . xubx�untially cyuicalrnt tu the cuyt�u Hurcu«er ul th�mcm�a�c in��rnnie prrviuuhl� in r(ficl.fmm:oi•rlternate mim�a�r _
<br /> ' • insurer uppravcd by LenJcr. If�utnt:�ntiully cyuiv�Icn1 n�ungagr imur�nu ruvrr:igr i.not:wuilaMr. dunu��•rr.hull pay�o
<br /> � ,�E.<,; LenJcr cuch munth a sum cyual lci ane-Iw�ltih ul'thc y�arly manguNr in�urancr prcmimn Ixing p:iiJ By Burrowcr �vhrn the
<br /> �• . . ....`��; � inxurancc covcragc IuperJ or cca�cJ tu tx in cfl'rrt. Lrndrr��ill urcrpi.u,c anJ irlain ih.,r puymcnl,a.a lu..n,rr�•e in licu
<br /> ' . � ' e: ' of mongugc insuranrc. Lu., m,�rvr paymcnt+ ma)' nn lungcr Ix r�yuirrd.a� �hr upiiun uf L�ndrr. il'monguge in,ur:mc� _
<br /> • �;=.. rover•rgc lin thc amoum and ti�r�he�xri�Kl Ihut lxndrr rryuire,l pro�id�d b�•�in in,ur�r appruved My Lendcr again I+�ci►nx� �
<br /> arvuilahlr and i,uhiuinrd.Brn•rowcr.liall puy ihc prrmiwn.rcquir.J to nuiintuin mun�:age in.ur:mrr in rffcrt,ur lo proviJr a
<br /> � ,x�f lo,ti rcserv��.unlil Ihc rcyuircmcnt fur nwhgage in�ur:mrc rndti in ncc�,rdancr�viih am ��rittrn a�irrmrnl txtwecn Hurmwrr !
<br /> .`"'," und Lendcr iir applicaMr luw. i
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<br /> ' ' �.s+,`•�' 9. laspectinn. Lrndrr ur it,agem may mahr na�unahlc cmri�ti upun:md in,�krti��o�of dir 1'it��xm•. Lcndcr,hall �
<br /> , , givc Barrmc�r nutirr a�th�Iimeof'�n•prinr tu an in.�xilinn�prril'�inp rca.nn:d•lc c:ui.r I„r ihr in.�xr�i�m.
<br /> . IU. Condemnylion. Thr pr.xrrd.�,t'am :�a:�rJ nr�laim I�rr dam.�c�w Jirrri�n•cun.r��u�mial. in cannrctinn ��ith am� _
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<br /> .. �.: •. Smµlcl•.�oulv—Fonnlc�1uc�Freddlc�1•rr l\IFIIN\I I\�'1'Nl\I!:\f l'mtunn l o�cnam. 4,411 �p,�,,.t.���,��.�;,.� n
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