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<br /> � �io��t�e��. 7fie ia��e c�rier pnovi�i��re i�c�s�l�hr�osen a,►Bc�awn se�e«��w 'n�•s
<br /> a�poval wi�icb s6all not be m�asaoabty withheid. tf Batower fails to mai�uaia coverage descn'bed.abave.Lender may.at
<br /> .. I.e�der�option,aM�ia cavengctn p�a�ect l�der�a rigMs in the P�vpMy irt xconis�ice witb p�agrapb 1.. • �
<br /> , /Ul inwtancx policies�d na�cwyis.shaU be acceptabk to i.ender and shaii inclnde a standud mortgage.clanse. Lender
<br /> .. S�I)�YC 1}IL'TJ$11L TO 60W ibC(f0I1ClCS�ICI1CVYaIS. If I.C[!�f TLQUlItS.BOITOWOf SIf�II�OIIIQII�F g1YC W LCOAGI�[COC1pfS _ .
<br /> � , _ °f q�Piemimnc and renew�f noticxs. in the 4vent of tass.Barowa shatt give p�notice tp tbc insnruut carsicr and , '
<br /> ' Leoder_I.eoder may malce proof of loss if not made P�PUY 6Y�wu '
<br /> Unkss l.ender a�d BoQOwrer oth�wise agiee in wri6ag.insurance procads sdall be applied to trstdratian or repur of
<br /> t�e R'oP�tY�g�.if the cex�atioa or tepair is a^oaomica!!� fsasible and Lendtc's sxurity is•not lesseeat. If tbe �
<br /> - tato�a6an or cepair is noc ecoaomically fe�.v'bie or Lender.'s security waaid lx lessened,the insu�ance proeads�sital!be
<br /> � applied to tl�e s�uas sa.v�od by'this Sa�zitY In'stmmEm,whctAer or not tba�due.with any exress paid to Borrqwer. If�
<br /> Bamwer abandons the Piupecty.or does not answer wit8ia 30 days a no[ice from I.ender tbat the insuraoce cairier i�as
<br /> offaod w satle s�ctaan,thai Lender may sotlect the ins�uanoe pcoceeds. L�ender may use the p�ncads to�epair or restore
<br /> tbe Pto�ecty oc to pay sums saeurcd by tbic Security Instrument.wl�ether or not tl�ert due. The 30�day periad will begin when .
<br /> tl�enotice is grven. . . .
<br /> Unkss I�ender and Bamwer al�wise agcec ia writin8,aaY s�pplication of groceeds tu grincipat shall not eatend or �
<br /> postpone the due date of d�e moathlY PaYenentc czfemd to in paragraphs t aad 2 or ehaage the amaant af the psyments. If .
<br /> ...� . .tu�der paragtapL 21 t6e Froperty is acqetirod by Lender.Bormwer's nght to aay insuranca policies and proceeds ttsulting
<br /> _ fmm damage to tbe Pim�ty pnor to the acquisition shall pass to l.eader ta the extent of tde sums seeuced!sy t6is Security
<br />- -. Iaghwnent im�mediately grior ro the a�quisition.
<br /> __ i. OoWpsac�, Yreservstion, M�tsomee a�d Protecpoe d tbe Property, Bonower's Larn Appocatlon: --
<br /> - I.e�el�old�. Bortower st�all occopy.establish.and use the Pkoperty ac Botrower's piincipal residerta within siaty days afur
<br /> =-- � tix executian of this Sa��meint aod shaII cao�nne w accupy t6t Pmpen�ac 8orrower's principa!iesidcnce for at .
<br />--_ [e�st one year at'tes the date of aai;�iaacy. unless Ixnder atherwise agroes in writing. wtuch coasent sMsll not be - - --
<br /> =- — , �, u�ueasonabIg wit6he14 a unkss axie�ting circumstar�ces exisE ahich ar�e beyond Bamwer s conuol. Bormwer s6a11 noE --�-_-
<br />_ - deslmY.damagc ar impair du Ptupetty.allow the�topecty to deteriorate,or coinmit waste on the PropenY. Bomnwt[shall �'-`_'_°_-_
<br /> = . be in defaah if a�ry fafeitu�action or proceeding.whelher civil or criminal.is 6egun that in Lender�s goad faith jud8ment . _--
<br /> - could itsalt m forfeinae nf the Ptoperty or ottterarise matetially unpair the lien created hy this Security Lntrument or . �.
<br /> � Let�kr's securi mt�c�u.Samawer ma cure sucfi a default and reinstate.as vided in h•18. causin the actian ��`-
<br /> cst ,.
<br />_ ry� Y P� P��P bY 8 a��.::�_
<br /> M1�~, or proceeding to ix dismissed with a niling tha�in Lender's good faith detennination,precludes farfeiture of the Harower�s � :-��•. __
<br />. � � intete.st in the Property or other materiai impaiiment af the Gea�eaied by this Security Tnswment or Lender�s security ' -- --
<br /> interest. Bormwer shall also 6e in default if Borrower, duri�.�{�ie loait application�rocess. gave materialty false or ��, -
<br /> inaccarate infomiation ar statements to lxnder`(or faited to pmvi�fi.eader with any matenal infom�ation)in connection with '-`�=��'=
<br />" the toan evi d e�c e d by t h e Note, inc lu ding.but nat limit e d to:teQ►esentations conceming Homnwer's occnpancy o f t h e ��____ .
<br /> ' Ptoporty as a principal residence. If this Secudry Insmlment is an a`Ceasehotd.Borrower shall compty with a11 the provisions �:�<.�:';_
<br />- of the kase.If Borrower acquires fee tide to the Pcaperty.the ka.�i'auTd and the fee dtle shal!nnt merge unless l.ender agr�xs �`�"
<br /> , : to the��:n writing. : . � :. �_��
<br /> _ 7. Etmfsctfon ot Leader's Rigi6is in tbe Property. If Sc�=xo:wer faits to perfom�2�covenanu and agreemertts -�.°`;��_�_-
<br /> , contairied��this Securiry Instrument,or thcrc is a legal proc�g�hat may.s*.�nificantly'affect l.enders rights in the �-�°;�-
<br /> �,-=�-3_
<br /> - Property(such as a proc�eeding in bantcruptcy.pro6ate,for condemr�an or fof�s.2 or to enforce laws or regalations),then :`���'":.
<br /> proc e
<br /> Lender m� do and for whatever is nece� to tect the��a'_�e of the x and Lender's ri u in the Pro ''r`"'�''��• -`-
<br /> Y DaY �Y P� �"�Y Sh P�3�• ;t."=y.-i...�. .
<br /> . , Lender�.�rtions may include Raying any sunu secured by a lien��ch has pdority over this Sec�uity lostrumenti uppeating - "�;+.''-:
<br /> ; in coittt.g�ying reasonable attomeys fees and entering on the Pn�crty to make repairs.Although Lender may take action , . `-��
<br /> F ' uMer thFS paragraph 7,Lender dces not have to do so. ' . _ ` -
<br /> • L Any amounts disburved by Lender under this paragraph 7 shall become additional debt of Borrower secured by this • '
<br /> Security lnstrument. Unfess Boaower and Lender agree to ather terms of payment,these amounts shall bear interest fram the f•��.' i" °
<br /> ` � dau of disbursement at the Nate rate and sha11 be payable.with interest,upon notice from Lender to Borrower requesting - ' _
<br /> paymenG ��_.
<br /> � 8. Moetgage Insurance. If Lender reyuimd mortgage insurance as a condition of m,:�'cin�the loan secured by this • ����-
<br /> • Security Instcument,Borrower shalf pay the premiums required to muintain the mortgage ir.�rance in effect. If.for any � ' �
<br /> rrason, the mortgage insurance cewerage reqaired by l.ender lap.ces or ceases to be in effect. Borrower shall pay the +' __
<br /> premium.q reyuired to i?I:aain coverage substantially equivalent to the mo»gage insusance previously in effect. at a cost � =
<br /> ,. substantially equivalent tu the cast to Borrower of thc moagage insur�nce previoucly in effect,from an altemate mortgage ,�'"1' � .. -°
<br /> insurer approved by Lender. If substantially ec{uivalent mortgaga incurance coverage is not ava'ahle.Bortower sha11 pay r,�: , -
<br /> � Lender each manth a sum equal ta one-twelfth of the yearly mortgage insura�ce premium beir�paid by Borrower when r�. �, ;=�-r�-�=t.'
<br /> . . insurance coverage lapsed or ceased to be in cffect. Lender will uccep4 use and retuin these pa}T:nt�as a loss reserve in tieu:: '� d
<br /> of mortgage insurance. Loss reserve payments may ao tonger bc required.at the aptian of Ixnder.if mort�age insurance' " _:u �;.
<br /> . � •coverage Iin the amount and for the penad ehat Lend�reyuires�pcovided hy an in�urer approved by L,encfec�;ain becomes '�. � °
<br /> available sind is abtained.Hotrower shall pay the prz::�`ums reyuired to maintain mortgage insura.�ce in eff c`w ur to provide a �' ., .
<br />. lass reserve.until the requirement fav m�ngage insurance end9 in accordance with any writtea�rreement between Bortower. � , . •�:�;�
<br /> ' � and Lender or applicable law. �� ,`'�',':'"
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<br /> �.�-..r:• :'-. =;.: 9 inspeetion. l,ender or it��Dent may malcc rcasanabie cntries up�n:u�d in�pccti�ns uP ihe Pruperly. l.ender sh�ll • ' � •
<br /> � ' " " ive Bonawer notice at rI?e time oF or nor t�an ins ction s ^ if�n rr+�nnabEe r�use for the ins ctivn. �= --�_ -' �
<br /> ''� '�'��`'''"� g 10. Condemeativa. 7'he proceedv of any a�vafl�hf Cl:llp 1 P f(Iamages,dir��i ar canscyucm al,in cnnnection with any `y"••��
<br /> i',,:' „•,�;�-�._�. �
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