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<br /> QE[�S i�1[j.�qldE�iCQYtlCI- �1C.I�S1�Ca[ilEt�1�111$121G 1pSNhliOC S���CEi05dt�1Y�BOROWCl SYbjCCt t0 LCOt�l.Yt&.
<br /> �pll�p��A1C�f 3biII U0�EC I�pSO11i�Ir Mtlt�lOb. IE BOf1OWE[��lL4 IO Ala11NiL1 COYCCI$E�CS.^[l��TOYQ LC�Cl.IDay1.�t .
<br /> �.l�Cf�S Dpt10t1,Cbpl�COYC[i$Ct0�7lOkC[�.�CIldC?�S p$�IfS 1�1�C�O�C[LX:�R�:Wlt�t Q�f7��. � .
<br /> � ;, AI!;"�.��policias aad nx�ewals sdali 6c ancephbk to i�endtr aid st�U inctude a st�odatd mott8a8e claase. Lender
<br /> shaii have tLe rigtu.to tsold t�e policits ead tsnewaLs. if I.ender ca4uit�.�.Bamwer shaA P�PUY 8�ve to Ltnder aq taxipts
<br /> � of paict pcemiutns�d ien�ewal�. [n`the event of la�.s.BaROwer shaU give proenpt notice to tbe ins�uance camer and
<br /> L.eoder. Lendec rosy r�afcc proof of loss if nat made prcmptly bY Borrower.. ` ,
<br /> ` Unksc l.ender�d Bomovira ahenuise agree in writu�g.ins�ua�p�acads,
<br /> sha11 be applied to resWntion ix sepair af '
<br /> -_ ��nY daa�8'ed.if t6r'irstaation�as rs.p�c is t�Y fe�le aas!I.ender's sssuritY is not I�ss��ed. 1f the _
<br /> restauioo or t�epair is nd eaaiomicaflX feasibk ac l.ender's sectuity would fx lessene4 ttw ins�uance proceeds si�l!be
<br /> � apptiod w tbe sttms savted by this Security Insonmxnt. whether ar mt tbea due,witlt aay escess paid to 8annower. If
<br /> �a�etovrer al�ndoac the Prope�ty.or does not aaswet within 30 days a naice ftom i.ender tbat the ins�uanoe cartier has "
<br /> offend to seak a claiim,then I.ender may colk+et the inwrance Ixncceds. l.ender may use the pmceeds to cepair.or iestwit
<br /> the A+apecty ar w pay sotns saemed by this Stcurity Instrtnnen�whetber or�t tl�en due.71je 30-d�y petiod will begin wbrn
<br /> tLe notice is given.
<br /> Uniass Lsoder aad Bormwer otheirvisc agnx in wtiting,any applicaaon of p�ocads w p�riacipai si�all not extend a
<br /> ' po�tpone the due daoe of the ma�t61Y R�Y�ts nfened to in pacagrapl�s 1 and 2 cx change tbe aaiount of the p�ynxnts. if .
<br />- unaer pan�apn 21 a�e Ftope�e,y is acqu;�ea by l.ender.eorrowa•s r;gnt co aay insurance poli+eiGS ana proceaas resulting
<br /> from daa�ge to the p�operty prwr to tl�e acquisitwn shalt pass so I.ender to tLe eactent of the sums secured by this Securiry
<br />-- taswmeqt i�nediately ptior w tl�e�equisi6an.. .
<br /> p ior
<br /> ' f. Oocnp�cy. Preservstio�. Msi�teoaoce aod Protectioe o�tbe PropeAy: Barmrer's Loas Applia�foo.
<br /> -- I.dtsetiold�. Bonowtr shaU occupy,establish.and use the Ptopecty as Borrower�s principal nsidence within sixty days after
<br /> - - tbe e�cutiun of this Sc�curity Ir�tnur�ene and si�all caadaue to occupy the Ptopetty as Barower's priacipal residencx far at � ,
<br />-- �Ieast aae yrar afur th� date of accupancy,.unless Lei�der ad�ervvise ag�ees in wrtting, which consent str�U twt be = ---
<br /> ruuiescaqibly withhekl.ar unkss extenuuing cacumstances exist w6ich are heyond Barower's air,�rQL Banawer shaU not -----
<br /> = deslmY.damaSe or impair tLe Property.aUow the Prope�ty to ckuriorat�,or eommit waste an ttse L�;�?pecry. Bomawer sh�ll ---
<br /> - be in defanit if any fufeitw�e aetian or prviceeding,whether civfi or criminal,i�be¢im that in l�rndbr's gao�.fa�judgn�en�
<br />- caild nesuit in forfeitut�e of the Pmpecty or wherwise materially impair the !i�ci�ted by this � F.�tt�rment or � ----=_
<br /> l.ender's security intetrst. Bormwer may curr sush a default and reinstace.as pre,�r"�:w�:in paragraph 18.by cacsag tbe action . �;'�;
<br /> ts
<br /> or ptoceeding to_6e dismissed with a mling that,in Lender's goad f�detecm��?�.pe�eeludes forfeitut�of the Barower� �,�r:--,
<br /> interest in the Roperty or othec material impairinent of the lie�i ece by c...�`�-'s':�cnrity tnstruinent or Lender's secutiry. �{�,
<br /> ' intec�s� Bomower shall alsa be in default if 8orrower. during ��oan a��s.ation process. Bave materiayly false or �A�_-�;
<br /> ivatcurate infam�adon or statements w l.endgr(or failed to vide�:ender with�c�ateria}infotmation)in connection with �`-�.M�-°.
<br /> ua Pro �-==
<br /> ' �the loan evidenced by the Note, including, 6ut no1 limited to,tepresentations�ceming Borrower's occupancy of tlte -
<br />. Property as a princtpal iesideace. If shis Security Instcument is on a ieasehotd Borrower shalt comply with al!ti�e provisions ��;�-u
<br /> of the lease. If Bonnwcr ac uins fa tide to the Fr .the te�ul�and the fee titte shati nat rnecge uniess Lendec a�s �'""-�'
<br /> 9 M�Y . .
<br />-, to the merger in writing. ' � • • _--- .
<br /> 7. Protecdoe at Lender's Right4 In t6e Property. If�e�.�vwer fails to perform tAe covenants and agmments �•-;:
<br /> : �antained in this Securiry Instrumen�or tt�ere is a legal proceedIng that may sr�ifcantty affec! Lender�s rights m the �__
<br /> ' �'tvpetty(such as a proceed"sng in bankcuptcy.probate:for eandemnation or forfei�re or to enfarce laws or re�ons).tixn �� ,_:
<br /> - �ender may do and pay for whatever is aecessary w pmtect tbe valne of the Pts�e�t�+and Lendec's righis is. "c,�a Pmperty. .,�,.��?'_��-
<br /> �; Lender's acaans may inclu de pay ing any sums secu re d by a lien w hic h has pri a r,t�o v e r t h i s S e c u ri ty I n s t r u m e n�a p p e a na g . <���.�•:.
<br /> in court.�yi�reasonabie uttortieys'fees and entering on the Pr�aperty to make repairs.Although l.ender may take actiaa� ' ''��-;��;���
<br /> ;_ ;>_,.
<br /> � � "?' undet this paragapl►7.Lender dces not have to do so. -_ -
<br /> , �: Any amounts disbu�sed by Lender under this paragraph 7 shall become ad�9itional debt of Botrower secured by this =
<br />- Security inswment. Unless Borrower and Lender agree ta ather tertns of payme�,thesc amounts sha116ear interest from the `:`� .:•t,,�,_�•�'•
<br /> date of disbursement at the Note rate and shal!be payabte.with interesi,upon aooice fmm Lender to Borrowet tequesting � •w_. ._
<br /> PaYmenG . �'�?•.;-. _.
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<br /> - - • 8. MoetRage In�e. lf L.cnder required mortgage insurance a�a candirion of making the loan secared by thls ;=�._ _.,
<br /> ' Securiry Instrument,Botrower shall pay the premiums reyuired to maintain the mortgagg insurance in effect. If.for any `�'°r:'��_�
<br /> ' � . reason. the mortgage insurance coverage requirecl by Lendcr lapses or ceases to be in effect. Berrower shall pay �hc • � . .. � `
<br /> ; �, � - premiums required to obtain coverage substantially equivalent to ihe moctgage in�surance previously in effect. at a cost °�'��• -
<br /> •_!;: �:,�•:.::.
<br /> - �_ substantially equivalent to the wst ta Banawer oi the mortgage insurance previously in effec�.from an altemate mortgage 1°;� ; , �;,_;;�
<br /> �f�,`;{ • �' insurer approved by Lender. If substantiplly equlvalent mortgage iosurance coverage�s not availabte.Borrower shall pay to _;��,;
<br />';��;:;:'.:�, - ,;-. Lendec each month a sum equal to one•twelfth af the yearly mortgage insurance premium being paid by Horrower when the � --'<--':_�
<br /> ;,��. insurance eoverage lapsed ar ceaced ta be in effect. Lender will s�ece�:t.use and resain these payments ag n 1oss.reserve in lieu �,�., ..'.;;X:i
<br /> B�S P'Y Y g � P S S 4�; .`�;°-':_; .
<br /> � of mott e insurance. Las�►retierve a ments ma no lon er be cired,st ttGe o tion of Lender.if mort a e insurance �.-
<br /> ,t
<br /> � .� coverage(in the amount and for the peria)that i.endee�eyuireti)pr��:�':c!by;-:�s irsarcr approved by Leader s�gain 6ecomes R�-r
<br /> - available�3 is obtained.Borrower shall pay ihe pcemi4~�s requir�to mainlai�.::4rtgage insutance in effect,or to provide a �;+' • . '
<br /> •� loss reser�e.:�nti!ihe reyvircment for m�rrga;c insu nce ends in arcordancc with uny written agreement between Borrower .
<br />: � .r'':. :
<br /> {r;, andLen�erurapplicablelaw. �
<br /> • t ���^;F�' 9 Irtspection. Lender or its 2�:�t r.�ay r.�aA�reasunabtc entries uPnn and incpectians af thc Praperty. Lcnder shall
<br /> 3.:,... ..::a:. : . .
<br /> — ,. -- �;:-�._- g'n+e Horiower notice at the time of or pros to:uti ir,s�e;:tion specifying reasonabte e:autic for the inspection. --
<br /> , � ..±��� ' 10. Condemnatlon. The proeeeds of any a�arci ar claim for damages,direct or consryuenNal.in rannectian with any
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