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<br /> "�'pa��c l.maa�eq�aes:91re�a�e cartier pmvipio6 d�e a�wrmce sWU�ut ceo�en uy B«row�a aubjecc io t�mda�a .. . ,
<br /> . �pc�b�va!wbich sMI!aoe be u�a�sanwbly wtthl�c�d: If Bamvre�f�iLt b maintain coverage descn'6cd a6ove,Lender maY,at `.
<br /> ° , ' t�tudeFl�apdoo,abqia covus�e ta plooa,K iROder's tiEhta itit6e Ptcpet{y in acoad�noe with pr�giaph 7.
<br /> Alf�oe pdiaa�d nenewal�sh�i!be aoapubk to l,ender�M sh�ll inctude s ap�ndud matgage cla�se. lxndtt
<br /> s6�!!I�ave d�e dg6t to lx�ld the poiicies ud tenewajs- It Ireader�ei�uirest Bortower sbal�p�mptty�ve to L�ndet aU receipts
<br /> ' �P�P�tums md rencwal n�tices. Ia the evrnt of lass.Barmwer shall give pumpt no�ice ta thr instuaoce curier and �
<br /> Learder. Lender msy m�ke proof of loss if aot made prompcly hy Boriower.
<br /> ' Ualas[.er�dee sna�xtowu othe�wise agroe in�riting,inwraace procasls shalt be�plied w restontia►ar reQaiF of
<br /> die prnpectY dan�gM,if the restaatian or�air is ceonumicaUY fe�sibk artd I.enda's secutityt is aat ksstned. Yf We ,
<br /> nstaatia�or rep�ir is not ecaaomicafty feasibk oi i�dci'�se�wity waild be tessened.tlie tnsurance pmoeedc si�att tte
<br /> �ppftal to tl�e saas secucad 6y t6is Savrity L�amen�whether os not tt�t dut.with�ny excess paid to Bortower. If
<br /> 8acvwer ab�dans the Pe+opetty.os does nat answar within 3U days a nntisa ftom I.ender d�t the ins�aanse rurier l�ac .
<br /> of�eiod to settk a claim,tbat i.e�der may coqect the iawraoce pmceeds. Lender may ase N�e pmceeds to e�epair or zescon
<br /> tbe Propet[y a w p�y s�ns soc�ued by tAis Sacutiry Insfiunen�wheHxr arna t1�t due. 71�e 34day period will beain wbert
<br /> . . ... tbe t�otice is givea. "
<br /> Udas Ltnder and 8amwer otLerivise ag�ee in wripng,�ny applicaaon of proceedg to pri�u.u�ipal shali�t txtend ar _
<br /> pastp�e the d�e d�te af the monthtY P�Y�ts refemed co in pacagraphs 1 and 2 or change tt�e amoiurt of the payrnenta. If
<br /> �P�B�Ph 21 the Fmpe�ty is xqumred t►y Lendex,Bort+nwer's right to any insruance policies and procads resulting
<br /> {ran dunage w the PYOperty pnor to the acquisitioa slwll pass ta Lender w the extent of the sums saa�sed by this Sa�rity
<br /> 1ns�anent:•"••••,�:'••�Y P�+�w tbe acqaisitiun. _
<br /> f� pp��p�rc� Pr�e�vatios, Mai�tea�ce �ud ProtectWs o�the ProperEY; Borrower'a l.o�n Applicatioa;
<br /> I.asel�oids. Boim�wer•st�all occupy.e.stablish,and use the Pmperty as Borrowe;`s.[aiui,�iPal resideacc within siaty days ati�
<br /> tbe e�uec�tian of this Soeurity L�.sauaxnt and st�all coatinue to accupy the P�ity ac Barower's pineipal�sldence for at
<br /> � teast ax yar ARer the d�te of occup�ncy. nNess Lendcr othe�wLse agtefes.in writing. which cansent �hall mot be
<br /> u�sao�hly witN�eld.or unkss extenuatiag ci�umstances eaist which ate bey�Bvrmwer's contml. Bamwer sball not
<br /> • datmy.d�nw8e o�m�air 6�e Pmpe�tY. ow the Pra�erty to dderiorate.or cd�ui�it wasu on the Hamwer shall .
<br /> be in default if any farfeiaae actian a proceedi�'�tiettur civ�or cnminal.iS b�egun that in LenderP k g�faith jadgmrnt
<br /> crouW resuh in fafeituc�e of the Ptop�erty a athet�rse materiaUy nnpair the ii�!cnatod by this Socanty Imstrument a .
<br /> = t.enderts security iaunst. Barrower may ctttt such a default and ninstate.a4 provided in paragtapb 18,iry ca�sing the action
<br />- a P�ce�in8 ta be dismissod with a ruling that,in l.ender's good faith determination.psecludes forfeiture of the Hamwtr'a
<br />-=- iokrcu in the Property or other mueriai impa�neat a1'ihe Urn creutcd bY this Sau:ity Instnrment or Leader's saauriry
<br /> intaest Bortuwer shail also 6e in default if Bocrower.during tht ta�n applicatioa proctss. gave materially false or
<br />-=-e inACCUrate informatian or stuements to Lender(or failed to provide Lendes with aay material informapon)in co�u�ection wlth
<br />-_ the toan tvidenoed hy tl�e Nate.inclading.b�rt not limittA to. npnsentadons.concerning Bo�wer§,ooaipancy of t6e
<br /> Property as a pruicipal iesidence. If this Suurity Insuument is on a teasehold.Bo�wer shall camply wit6 a1I the provuions
<br /> of the lease. If Borrower acquiies fee tide to the Propeny.the leasehotd and the fee title shall not iaerge unkss Lender agmes
<br /> = to the merger ia writing.
<br /> - • 7. Prot��cHon d I.e�der's Ri�b in the Property. If Bomnwer fails ta perfotm the covenants and agrecme.mts
<br />_ conuaned in this Securiry Instnanent,or tt�enc is a tegal procading that may.•significandy�affect Lender�rights in the
<br /> _ -Pmpeny(such as a procoeding in budcruptcY.pmbate,f�condanaation or forfei�or to enforce laws or regulations),tixn
<br /> �� Lender may do and pay for whatever is r�ecessary to protect the value of the Pf�perty and Lender's rights in the Property.
<br />=���:= L.ender�s actians may inclnde paying any sums sect�reQ by a lien which has priority over this Security Instrument,appeazing
<br />::;;:,;1 in coutt,paying reasonable attomeys'fees and entering on the Property to make repairs.AIthough L.ender may take action
<br />'`;±;�,`; under this pa�agraph 7.Lender dces not have to do so. -
<br /> : '• Any amau�ts disbursed by l.ender under this paragraph 7 shall become additional debt of Borrower secured by this =
<br /> Savrity Instrumen� Untess Borrower and l.ender agree to other terms of payment,these amounu shall bear intenest fmm the =-
<br />_ - due of dlsbuisement at the Note rate and shall be payable.with interes�upan notice from I.ender to Borrower nquesting _
<br /> �� WY��- -
<br /> "�. S. Mortg�e Iasuranca If Lender requi�sd mortgage insurance as a condition of maicing the luan socunA by this
<br /> - Seenrity Instrumen�Borcawer shall pay the premiums required to maintain the rnortgage insurance in effect. I�for any
<br /> nason, the martgaga insurance coveiage required by [.ender lapse.4 or eraces to be in effect. Horrower shall pay the _
<br /> " �mmiums rcquired to�tain coveragc substantiatLc-equivalent to the mo�tgag.:insurance previously in effect.at a cost _
<br />= substantially equivalem t�the cost to Borrawer af ti1e mottgagc insurance previously in eifec�from an altemate martgage °
<br /> ' ��• ' insurcr approved by Lender. ]f substantially equivalent mortgage insurance coverage is not avuilable.Boirower shall pay to -
<br />'i. Lender each month a sum equal tu one-twclith oi'the yearly mortgage insurance premium being paid by Borrower when the -
<br /> :;•'� insurance coverage I:�psed or ceased ta be in effect. l.ender will accept,uso and retam these paymenu as a losa reserve in tieu -
<br /> . of modgage insurance. Losa reservc payments may no longer be required at the aptian af I.ender.ii martgage lnsurarice _
<br /> " coverage(in the amouM and for the periad that Lender requiresl provided by ace�;�surer appraved by Lender again becomes =
<br /> available and is obtained.Borrower sha11 pay the premiums requiced to maintaio mongage insurance in effect.or to pravide a �
<br /> � loss rescrve.until thc rcquiremtnt for anortgage insurance ends iR av�rdancc tvith Any writte�a�eement between Bonower -
<br />'�`:. ,, and Lerider or applicable iaw. . =
<br /> 9. lnspeclbn. l.ender or ita agent may make rcasanAble entries upon and inspections af the Property. Lender shall K
<br /> f �ive Horrower notice at the time of or pnor to an i�.s��:sinn specifying reaxonable cause fnr the inspection. . ��,
<br /> _: --� -- ----_ "" 10. Condetanatiou. '�i�e proceeds of any aw-a3 or ctaim for damages,direct or consequential.in connectian witb arry j;
<br /> . Sing�e F�amfty••iannk!11aeli'reAdie ifac U�lF1�R111V�37BG�fEtiT••Unitorm Covenantx 9l99 �pnRe.�aJb paRe.+l �
<br />' c�ea I�a Nmme�n vmer.�ee.■
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