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<br /> ..��-�..,�,�r=� perlais ihat Lcnder reyuim�. The intiurance carrfer provfdin�Ihe intiurwKe bhull be chuscn by Burrowcr�ubjcct w Leoder�
<br /> upprovAl which�holl no1 be unreasonably wUhheld. li'Borrower f'alls�to muinlain caveroge described obove.Leixler ms�y,nt
<br /> ----- _..�.:�.'� Lender R option,obwjn coveruge to p�olect Lender w�ghty 1n the f'��pehy in�u:cordance w nh parugrnph 7.
<br /> — -�; �, All insuranre polfcics nnd renewals whull he�kcept�lsle tn Lender and shall include u slwxlard nwngage clause. Lerukr __
<br /> �����,.;•- shall have the righ�tu hald the puliciew W�d renewul,. If Lcnder R�yufn�y.Borrowcr shaU pmmptly g�vc ru Lender All rctiei�s
<br /> ��.- _ af paid premiuros wxi renevyul npticcx. In the rvcm uf Imx. B�xrawer+hall givc p�o�npt nc��ire to thc inaurwuc cwrler aral
<br /> �.�r„'� Lemier. Lender may muke pnx►f oi Imx if not mwie promplly by Burtower.
<br /> _�:,��-, ' • Unlr+�lxnder wr�d Burrawcr utlkrwise agme in writing,in�urnnrk pr�xeeJs tihall i+e applied to rcsux:uion ur repair of c_�_
<br /> --��`�6��'"' �•�' thr. RoQerty damagcd, if the resturatinn or re�i� i. ecunomically feayiblc nnd L.ender� xeeurity ir nu� le„ened. If�he
<br /> � .� � ,�, - } res�orution or rep•rir i,not econamically fcuvible ur Lender a sccuri�y wauld be Ic:�sened,the in�urunce prcueeda�hull be
<br /> "_�'�"i�!�'�� , upplied to�he sums x�ured by �hi+ Serunry In�tn�mem. whe�her nr nw �hen due,wilh uny eaceti�paid tu Borrawrr. If
<br /> ��" T"'�'�'�'-. Bonvwer ubsmdons the Prop�rty,ur das nut antiwrr within 3l1 day. u notice fiom l.eixler�hat the imuruncv �e�has
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<br /> :�;t,ti.,��,._, ,_;�, offered to r,etNe u cluim,then Lender may collect the in+umace proceedc. I-cnder may use thc prucecJs to rep�ir or r�r►om
<br /> ;��c+;�,�n.L;�*.,Y ttie Prupeny or m pay wmy�ureQ by this Secunty Insuument.whettx:r or nat then due. The i(►-day periad will brgin when
<br /> �;.�i:�t .�°a s:� � ' the nodcc is given. —" `
<br /> ""�'� �' ��`''' Unless I.cnder and Borrower o�henvi� agree in wri�inc.nny upplicu�ion af pracccds ta principal qlwll nut e�tend or
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<br />�'�'`.'�£r:J�"'•" ;'`;�►�: °� u�c�ds er�nara ra h�I[hef�Pr.��y i�'Yacr ui�t b l.c d c�Borrpower'.��c nh ht �o�ny in urunic d1eli�iey anJ f troreedsme�uUio =
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<br /> - '�'"`"`�°` ''` . "'� from dPamage o the Pnuperty pclur t4 he xyuiginun�:hall pucs�o I.ender to�he extent of ihe�ums K�cu�by Ihis Securiry —'!"
<br /> - �:,,,.�,,.�L..;�.� lnstrument immediately prior w�he acqui�iiion. go�wer's Lo�n A Ica�lai;
<br /> ,_:,;�.:::•; �� 6. Oocupaacy, Pressarv�llon. Malalena�ce s�ud Protectbn at Ihe PropeHy: PW
<br />_ —" ':° ','. t"� ' LeacelwWs Borrower shall ixcupy.es�ablieh.and u+e the Property as Bormwer's principal residence wi�hin sizty dayg afte�
<br />-�^`! :~``=�4�: -:�� �he enecutian of thi� Security Innuument und shall continue ta occupy the Pruperty u+ Bunuwers principa t rc sidenee for at 6 -
<br />"a,� .'•h:::�i:� ..
<br /> ' ..�; ;. least one yeu afler the dpte of cucupancy, u�lecs Lender othorvvise agr�ces in wriling, which consent shull not be
<br /> �i �"t'°�.�•�•� ' ' unreasonubly withheld.nr unless extenuu�ing circumstAncex exist which ure beyond Sorrawer+control. Bo�rower shall not
<br /> ILL;,� J'.:�,•, '�;;•'"., � des�roy,d;urwge ar impair the Prop�:rty,ullow�he Propeny to deteriora[c.or commit wasie an the Propeny. Borrower shall _
<br /> -__-- - :1' ' , be in defnult iF any forFeiturc ac�ion or praceeding,whether civil cx c�minal,is begun that in L.enderk good faith judgment
<br /> •.;;v� • could resul� in forfeiture of the Property or utherwi� materiully impair the lien created by this Securiry Inswment or
<br />'.=�e' • �.-���`" Lender's security intereR�. Borrower may cure such a defAUlt and reinswte.s►s provided in paragraph 1R,by cuusmg the action
<br />°°�� � ' or proceeding ta be di�mis�ed wilh c+�uling thAt,io Lender;good faith detem�inaiion,precludes forfeitu�of�he Borrower s
<br />_` ` ° '� � " . interest in the Property or oiher muleriul impairment of Ihe lien cremed by thi4 Security Inst�umen[ or Lender's scecurity
<br /> 't�� interest. Borrower slu►11 AI50 be in default if Borrower. during the loan applicution prceess, gave materiully fulsc or
<br /> ' inuccurute infamution or staements;to L.ender lor fuiled to provide Lender wilh any ms�terial informalionl in connection with
<br /> '' � ` the loun evidenced by�he Note, including, but not limited�o, repmsentations conceming Borrower's occupsu�cy of the _
<br /> '__ - �- --_ ��rt��g�#Rri�(�5��rrcidence. If thix Seeurity Inswment is on a le�.�ehold,Borrower+hull comply with aU the pm�isiom � -"�_
<br /> � :- AS �
<br /> � ' of the lease. Ii Barrower:uquires fee iiQe ta the Property,the kuschold and Ihe fee title shall not merge uniegs i.ender agrccs
<br /> to the merger in writing.
<br /> " ° • 7. Protectbn ot l.ead��'R Rights fn the Property. If Borruwcr fhik to perform ihe covenants und.agreemeats =_
<br /> � „' ' • wntained in this Securi�y Insuvment, or there is u IeRal praeeding that mAy signifcantly affect Lender's rights in the
<br /> � Property(such a�•r procecding in hankn�ptcy.pmba►e,for ecMdernna�ian u�forfeiture or to enfo�e laws or regulutions),�hzn
<br /> . Lendcr muy do und pay for whatevcr ir necessasy io pn�te.�:t ihe value af the Property und LenAer�rights in the Property.
<br /> Lender's actions muy include puying any+ums tiecurcd by:i lien whirh has priority aver this Security Intitrument,uppeanng �""�
<br /> . � in coutt,puying rcutionublr uttomcys'fee�and e�rering on the F'tapeny�o moke repuir.s.Although I.ender mry tsike actiun �-W�,�°
<br /> ; �;�,�,;;, under thi�;parograph 7,Lender d�ex not huve to Jo,u. __
<br /> Any amounts disbursed by I.ender under thi.p;uugrt�ph 7 +hall b�.�;ume additiunal drbt of 8omuwer+ecured by thi�„ "
<br /> • " • Sccuriry Instrument. Unlesti Bom►wcr und Lender agrre to c�iher tcnn�nF payment,�hese++moun�s shull t+eur imerest from the r��
<br /> ' „ dute of disbursen�ent ai the Note rutc und.hall tx puyubk_wi�h in[eretit. upnn notice t'rom Lender to Bormwer reyue,rting _
<br /> ,- •..f• payment. - -
<br /> ° 8. Mortg�ge Insurance. If Lcnder reyuircd mnnFsige in+uruncr a+a ronJiti�n��f muking Ihe lo:u�secured by this
<br /> �_ . Security lntitrument. Borruwer +hall puy ihe premium��equimd tu main�uin �he mortguge inxurunce in�ffect. If,fur.uny ,._
<br /> •' •� _ reucon, �he monguge imumncr cuvcrage reyuir�d hy Lender lapse+ or cea.c. to t+e in effect, Hortower shall pa� the �"
<br /> . . ' premiumt requircd to ubtain coveruge su6�tuntiully cyuival�nt �u the mongagr insurunce pre��iou�ly in effect,ut u cost �
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