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<br /> ` ,t pericd�d�t 1.,e*der�bq�ees. '!lrc iMwaeae c�ier powidia6 drc'i�oa b!� �'� .
<br /> � � • sbti!6e d�oren Bo�ro�wer 10 Ireadect� ,•
<br /> � : aQpncrvr wGicl�eW!not 6�wrea�ombiY wid�hefd. If Barraw�a fails to niaintaiR c6�rer�e de.+�iGed abw�e.lrenda!E�naY.+K`
<br /> , l.e�derT�opio�,obt�ia core�e tQ p�'o�ect La�deu�i d�hea ia We �n acca�daocr vrith p�r�g+ph� .
<br /> � � i�U i�uuwooe po�icies and trnewals`ah�l be aoceptsbk to Len er�ad slalt include a srandW m�rtgaae ctaase. Lender ;
<br /> � , �btve the ti j6t ta boid ebe policies aad teaekals. If I.pder requices:Bonowei ahall panpttY Sive w L�mder all tticeipts �
<br /> of p�eid p�pai�s�od renewil nat�x�. In the cvait o€W�.8oanwe�sI�W eive prompt.t�otice ta the imwr�x�rier and , � , <
<br /> � � Iaader. Lender nwy make p�ouf af 1o�s it not made P��Y�Y��'� `
<br /> Ueiess Lander a�Bamwer dhernisp,s�ree in wrieing.in�ur�ncs pmcecds st�all be�pp1iM w restoration ar rcp�ir of '
<br /> -- .- �p�p�_d�,iF dx�ion a tepiir Is esawmically feuibk u�d l.ender's security is=nat kssened. If tbe -
<br /> . �atontion ac r�p�ir is not eooeomiciIIy fdsi6Te o'L�e�er's spc�iiy wwW be tesst�Dd.tNG itrsatmK�P��f� .
<br /> applie�to the sums eacut�d by,tdis'Sa'�cy 1�trmneM.svli4fl�ot eot thrn due:wt�1r.�ni►excess paid co Borrower. If
<br /> . 8aeower�i�ndw�s,die Ptopeny.o►does not mswer withie 30 days a.notiea fram t.mde�that the in.wr�nee curiet 6�
<br /> ° , � at'1'e�d to`ieaie a claim.then Lender'may cotloce the inwnnce pnkeeds. Lendei may use the pracee�ic to apw or restare
<br /> t6e Rnpecty a a pay wms�xu�ed by this Secu�ity I�r�u,wi�etha or na thm due. 'li�e 30-dsy periat will begin wha�
<br /> tlieeoticeiipven. - � r- . ,
<br /> . Unles�,lrender aod Bdre�rer udrc�tvist apee in writing,�y katia�of p�oceeds to pru�cipai shall not ea�tead ar
<br /> poqpane 8-ie dua'dde d tbe mo�Mldy pntmmts�efe�d to in 1 an�!2 or changc Ihe iurtount of tLe payments. If
<br /> �nder p�ra�anli 21 the PMaperty is acquire�by Laider.Borcuwer's right to any iawrmce policies and pocecds aewlting
<br /> froa�d�n�e to the Prnperty piwr to the acqnisitian shall pvss w l.ender to the extent of the sums secu�ed by this Socarity
<br /> Iastrua�tM ierne��tely pnor to the acquisition. - -
<br /> ' i. Oec�pnc� P�ins.Mai�te��e�ud Peehdiow ot tMe.Propert�r: Eorro�rer's I.aw /�pplic�fio�:
<br /> i,e�eisl�, ga�ower si�il oaupy.estaW{sb.�nd use the Propetiy as Barower's principal residence withirrsixry dsys after
<br /> ehe exec�on of this socurity k�irumau aiW shall coatinue to axupy ihe Froperty as Borrower�s principal residence for at -
<br /> !art oae qear aRer tbc�d�tc of o�cup�ncy. unkss Lender atherwise agnes u► writing, whicb cpnseat sh�ll not be
<br /> �wrasooa6iy wi�N�eld,ar unkss e�taauating cic�mctaocGS e�ist.which are beyond Bomower s control. Borrower shal!nat
<br /> • de�toy,dm�ge or impa�ir tix Ptoperty,altow the Froperty to deteriotafe.ot commit wute an the Ptoperty. Boriawer shafl
<br /> be In defauft if say farfeitune action ar procading.whenc�r civil a criminal,is begun tha[;n Lender's good faicb judgment
<br /> rnukl�esult ia fafeitune of tlu Property ar aherwisc matecially impair the lien cn�at'ea by this Secu�ty Incwment or �
<br /> l.rnder's security interes� Borrower may cure such a dcfault and ninstate.as provided in paragraph 18.by causing ttje actian
<br /> • ar p�0000ding to bc dismissed with a mting that,in Lenderk good faith determination,qecludes forfeiture of the Barower�s
<br /> ° 'irrtenest"n�the Plv�pe+rty or dheF nwteciat impairment af the liea created Dy tbis Security Iasorumeat nr i.ender's secutiry
<br /> 'ime�s.q.. Bortawer shatl also be in default if Bomower. during the loan application proces.s, gave materially,false or
<br /> inaccurate iafamation or stateaienu to Lender(or faited to pmvide Lencler with any material infbrmatian)in wnrKction with
<br /> ehe toan evidcnced by the Note, iacluding, but nat timited to.npresentations conceming Borrnwera acarpam,y of the
<br /> Pioperty a4 a principal cesidence. If this Secariry In.rlrumetrt is on a leasehold.Borrower shalt comply with all the probisions
<br /> of tbe lease. If Aorcawer acyuires fee tiqe to the Pmpeny.the feasehold and tha fee title shafl not merge unfess Lender agrees
<br /> to the mcrgu in writing.
<br /> 7. Ttoteetion o�Leader's Ri�Uts ia tlk Property. If Borrower fails to perform the covenants and agc�eements
<br /> cantaine�u�this Security Instrument,a'thete is a legal proceeding that may sigmficandy affect Lender's rights in the
<br /> � - �mpaty(such as a procoeding in benimiptcy,probate.foc condemnation ar forfeiture or to enforce(aws or regulations),thrn .
<br /> :: Lenckr may do arKf pay fpr whatever is necessary to pnutect the value af the Praperty und Lender's rights in the Property.
<br /> .� Lender's actions may inciude paying any sums secured by a lien which has priority over this Securiry Instruaxn�appearing
<br /> in coiirt.paying reasonabie attomeys'fees and entering on ifie Property to make repairs.Although Lender may take action
<br /> under this paragapb 7.Lender daes not have to do so.
<br /> � . Any amounts disbursed by Lender under this paragraph 7 shal!become additionai debt af Horrower secured by this
<br /> Securiry Iastrument. Untess Horrower and Lender agree to ather tertns of payment.these amounts shall bear interest from the
<br /> date of disbutsement at the Note rate and shall be payable,witb intecect,upon notice from Lender to Borrvwer ru{uesting
<br /> payment.
<br /> 8. 11�rtgs�e lesuranee: If Lender required moRgage insurar►ce as a candition of making the loan securec!by this
<br /> � Securiry Iffsmtment.Barrawer shall pay the premiums required to maintain�he mortgage i�+urance in effect `If.for aay '
<br /> . reasan, the mortgage insurance roverage rcquired by Lender l�set oc ceases to be in effect. Barrower shall pay the
<br /> �nmiums required to abtain coverage substantially cquivalent ta the martgage insurance previously in eifect. �t a cost
<br /> •� �;_bstantially equivate�u uF ehe cost to Borrc�wer af�h�martgage insurance previously in effect,fram an Altemale mongage
<br /> • :-•nnsurer appraved by Le:tu�r. lf substantially equivat�r�*mortgagc insurancc rovrmge is nut avaitabla.Bnrrow•er sfiall pay to
<br /> , . ' Lender each month a sum equal to onea.welfth of the yearly morlgagc insurance premium being paid by Borrower when the
<br /> insurance coverage lapsed ar ceased'tc�l�t in eifect. Lender will acccpt,use artd retain these paymentti uc a lass reserve in lieu .
<br /> oi mortgage insurnnce. i.oss reseroe paymtntti may no longen c�requircd.at the optian oi Lendcr,if mortgage insurance
<br /> caverage�in the amount a�d for the penod that Lender requires►provided hy an in:�urcr�pprovcd by l.cnder again f+ecomew
<br /> � availuble and is o6tained�..Sarrower shall pay the prcmiumc required ta maintain niu�t;age in�urance in effect.ar ta pravide a
<br /> tas.r reserve.until the requFrement far mortgage in�unnre end+in acrnrdance a ftli any written agceement 6etween Burrower
<br /> and Lender or applicabte law. • � ''
<br /> 9 Inspectbn. L,ender or it�a�nt may make rea�anable eatrieti upon and in.pectianti uf the Pcoperly. Lender shatl
<br /> — give Borrower notice at the time of or prior to an in�pectian tipecifying rcasonabie cauye for the intipection.
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