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<br /> : ; `��1�j,Lyf�lt I,OQtl�Ilf, 7be lNNtHOCG C�IiIOf QI�DYid111E tbe ilW1ta11�Y slfill bt C1106C�by$OftOwK SYb�OCt t0 j.C11d0i�S :
<br /> ' �appmrra!wl�ch aM�U not be uire�a�ably avit�held. if Bamwec fails m a�ietain cavera�descri¢ed abov�L,ader mal.ar, .
<br /> l;a�e�i optio�o6tainoovaa�r t,q�poact Lendet's rights in the�operty in acca�dance witA paragr�pl�?.
<br /> All i�uraooG polic�es snd miewals shall be acceptabte ta 4ender and shsil iticlude a standa�d rmxtgage claase. l.ei�des �
<br /> ahsil Mve tbe rishe w hdd the poi'rcies u�d ieaewats. If Leider requirea.Barower shatt P�l�jY Sire w f.ender afl ieceipts
<br /> 4f l�rid premi�m�apd raxwal natices. In the eve�of bss.Barower shall give pr�mpt notice w the insurance caniar and ,
<br /> ` i.et�dea. Lsader may mate p�wf of lass if not made P�Y,�Y Bor�ower. � � .
<br /> _ - iJaiess Lender aad Bamwes otlinwlsc�+ec iR writiag,Lunr�ee proceeds sha!!be�spQliea to restaiation c►r�it of
<br /> tbe ptopaig d�ratsed.if th�restaationQr�cepair is ecataaiptly fasib�e aad l�ender�securily is nat kssened. if the .
<br /> ircswrntia�or iep�ir is oot ecaiomically feasble.or I.ender's security.would.6e lessened.the i�uursmce proceedc si�alt be -
<br /> applied to ti�e su�s sec�ced by tl�is Security Insaumen�whether or iwt t1Kn due,with any eacess paid to Bompwer. Jf •
<br /> Ba�mwer,ab�odons tLe Pinpeity.or does na answu within 30 days a notice frab Lender t1�ac the'w`sur.mce�rier bas� �
<br /> offered w sdtte a ciaim,thrn Lender msy cdkct tbe incuraoce proceeds. LCRdCf RIIIjF YSG 1IIG pIOCCl�S[6 ICQ��O[tCSi(�
<br /> ti�e ptvpe�ty a to p�y swrts secured by this Serurity inst�uma��wheti�er or not then due.The 30-day period wilt 6egin wheo .
<br /> the notioe u giYm `
<br /> Unkss i�der aad 8orrurva oti�erwise agroc in writing,any appliration of procoeds to princ:i►p�!shail not extead or -
<br /> postpone tbe due d�se of tiu monthlY payments nfetced to in paragraphs 1 and 2 or change the amount of the payments. If
<br /> . under paagr�ph 21 the Property is acqui�al by l.ender,BaROwer's right to any ipsur.urce palicies and praceeds resnitu�g
<br /> � fivm damage to the Ptoperty Pcior to the aaqwsidon sha41 pass to Lender to the e�ctent of ehe sums secured by this Serurit�
<br /> Tnstrwneot immed'iately prior w the xquisitioo. ' _
<br /> �, .OcapMC9. Presdrvatia. Msi�te�s�ce sad � ot fi�e ProperEqi Borrmver's I.ea� Appikatbo:
<br /> l,ease�oi�s. Boaower shaU accupy,est�6iish,and use the Plopeny ac Borrawers principal residence within sixty days after �
<br /> the exoeutiun of ttl�is Socuriry Insuua�t and shalt continne ta occupy the Property as Barower's principat cesidence for at
<br /> la�st one year afcer,the date of accupancy. unless I.ender otl�wise agcees�ia writing. whieh consent shall not be
<br /> unnason�bly wi�ht�etd,or onfe�extennadng ciceumstanas exist which a�beyond Bortoww:s con�no). Borrower sGall not
<br /> . destroy,damage or impeir the Ptoperty.allow the Property to deteriorate.or commit waste on the Propeciy. Aonower shall
<br /> be in defaWt if ar►y forfeitu�e action or procesding.whether civil or crim'u�al.is bc�un that in C.ender�s good faids judgment .
<br /> � cauld nesult in forfeinue of il�e Propecty or ottierwise materialty;impair the [ien c�ated by this Security Instrament or
<br />=- L.ender's security inte�es� Borrower may c�ire such a default and reinstate.as pnu�idad in paragraph 18,by causing the xtion
<br /> os proceeding W be dismissed with a rulin�that,in Lender's good faith determination,precludes forfeiture of iT�e Horrower's �:� -
<br /> interest in the Property or otber material impaianent of the lien arated by this Security lnstrument or Lender�security
<br /> inucrst Bomower shall also be in default if 8orrower. during the loan�appiication process, gaye materiatly faLse or
<br /> inaccvrate informadon or statemenu to Lender(or faite�to provide l.ender with any material infarmation>in ce�.�ction wrth
<br />- the loan evidericed by the Note, including. 6us na�.`�isited to,representattons canceming Borrower's oec.-�.;�:..zcy af the �
<br /> ` Properiy as a principal nsidence. If this Security Insx�ent i.s on u teasehold.Boaower shall com�ty.witi�aIt:�.r�avisivns .
<br /> of the teas�. b€�ormwcr acquires fee tata�?the Pbperty.the Iease�Jld and the fee titte shall not��us.f�;�der a�•
<br /> to the mergeF in writing. � , •: '
<br />_ • 7. Protectbn at Lender's�Rights'in the Propeety. If Boi�rower faits to perfortn the covenants aad.agm.eme�s':,�
<br /> contained in this Securit�:anstrument.or lhere is a legal proceedins tha[ma} �ificantly.affect Lender's isghts in ttie
<br /> Pcoperty(such as a proc.�.;�g In bankruptcy,probate,for condemnarion or forfe'ts�ar to enforce laws or rege'ationsl,then : _ _
<br /> l.endec ma�da and pay for whatever is necessary to protect the value of ihe Property su►d Lender's•rights in the Praperty. � �
<br /> I.ender's aeoions may include paying any sums secured by a licn which has priarity av.er this Security Insmimeiu.appearing --
<br /> - in cauA.paying reasonablc attomeys'fees and entering on the Property to make repairs.Althougb Lendec may take actian --
<br /> under this paragraph 7.Lender does not have to do so. F
<br /> -_ _ Any amounGs disburscd by L.endcr undcr this paragraph 7 tihall become additiona!debt of Borrower secured by this �
<br /> _ . Securiry Instrumen�. Unle�.ti Horrow+er and Lender agce to other terms of payment.these amoun�s shall t�car interest from the -
<br /> ' date of disbutsement at the Note rate and shall be pay�ble.with interest.upon natice from l.ender ta 8oaower requesting =
<br /> : ;. paymen� � `_
<br />�:�' ' � S. Mortgaae Insuranea Ii Lender reyuired mongage insurnnce ac a canditian of making the loan secumd by this • _
<br />':�;,;, Seeurity Instrument. Borrawer shall pay the premium.c required to maintain the martgage insurance m cifert. If,fi�r any =
<br />' ��` - � teason. the martgage in�rannce coverage requircd by Lcndcr lapses ar ceases co be in effect. Borrower shall pay the -_
<br /> ;.- �premiums required to o;uin caverage substantially equivalent ta the mortgage i:-:+urance previousiy in effect.at:�wst __
<br />'!' '' substantiatiy equivatent to'the cost to Borrnwcr of Ihe mortgage imuraace prev�ur�2y in effect,irom an altematc mortgage =
<br /> �'='_ insuret ap�:�c•ed by l.ender. Ii substantially equivalent martgage insurartce coveragc is not available.8ortower tihall pay to -
<br />�;`-`'•• Lender ea���-onth a sum equal toonc-twclfth of the yearly murtgage insurance premium heing paid by Boaower when the �
<br /> insurunce coverage lapsed or c�eased tu be in effect. Lecdcr wip accept.use and reta:a there payments s��:u lacs reserve in lieu ___
<br /> ''•i of mortgage insuranee. f.oss reticrve paymenic may r��fanger bc�equired.at ch:.���tion��f Lcnder.if mongage insurance 6_
<br />- coverage(in the amount a.Zd for the periad that l.enu:r.rc�yuirc�)pravideci by an i.-�..user approved by Lender again becomes =
<br /> available Futd is obtainecl.Borrawet xhall puy the premiumc required si�maintain inangagc insur:.'�.cc in cl'fcct,or ta prnvidc a .� . `°
<br /> , loss reserve.until the requircmem for cr�o�gage insurance endc in aecc�rdanee with any writtcct wr�ment between Borraa•ec ..
<br /> . and Lender or appltcable iaw. • �`
<br /> -- 9 lnspectlan. LenCcr or its a�rr.i�may makc reason:sble entries upan.u���.,�ecGo:,c�f t:te F'ropctty. Lendcr shall
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<br /> : give Borrower nodee at uze tim.af or pnar to an in�pcction specifying reasqnab'.c c�c:•;fcv qhC i:�pectiun. � t
<br /> 10 CondemnatloR. Thc procced.of any awa.'���r cluim for dumagc�,dir�c�a�con�r4w��tial.in cunr•.�;cinn wilh.:my . �;
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