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<br /> ` , �aa�r�aa�. �t�e�c�r i�a,�e����►�����,e;en w��.
<br /> . .�pp�wal whicb�h,U aot be�nnea[aW�iy wid�he3d. [f Ba�uvrer fu'Is to m�intain caNera�e dacciDed sbove.i.ender mzY•at .
<br /> Le�der's aptian.o6taie oover�e to po�ec�t!eeder's ri=hts in the PtopertX in aroord�noe with paagaph 7- �
<br /> • AIt insurance policiec srd�enewats s1�U be aocep�abk to LeMer and shafl inciud��stanciani nwctgage c1w§e: L.ender
<br /> s6all Gave the ri�t tolioW the paaicies aad�eaew:L9. if Lsnder ra�uircs.Borrower sb�ll pnoa�ptty giye to Leader all�kefpts
<br /> - o f p s W prcmi u m s a n d t e n e w�!n a t i c e s: I n t h e e+r e M a f t a s s.S a mwer s1uf1.g ive p v m p t•notica w the insu�ece curier and
<br /> Lemer. L.etKkt niay makc pcuaf of:oss if e�ot rtnde ptunepdy bY Bo�awer.
<br /> � `l3nkss f.eader and 8orrowa atl�e�wise agrat in evnting.insur�na pmceeds
<br /> st�li 6a apQi'�ed to restor�tion�r cepair oC
<br /> ` , th��toperry Cnng�.if tbe�asion'or sep�air is econnmically fetsiMe a�,tsedr.r�security is not(essenod. 1#the --
<br /> �eswrasioa or rtp�ir is�aoc ecawnicatty frisiDk ar Lendes3 securiry�woutd.be kssa�cd. the insurance proceods s�116e
<br /> ' . appiiod ro tAe s�uns�ocuuod by tbis Securiry tnsuumenG wlxther or not titen due.with any excess paid to Bam�er. Yi
<br /> Hanowtr a�dons the Property.or does not�nswa within 30 days a iwtice fcom L.ender tl�t dx insurar�t caaier h�
<br /> of�'ecea to a Claim.thrn Lender may coliect the.insurance Pmceeds. Leider ma�nse the proceeds[o c�ep.vr or�estore
<br /> ' • the Ptnpaty or tb p�y sum.c secured By�Saurisy Iasuurt�ent,wheUKr a[not tbeet duc The 30�day penod wi116tgin when .
<br /> the no6ce is given. -
<br /> Unkss Lender and Borrowa oti�eswise agree ia_writing.�any applic�iort of procetds co ptincip�!sh�U nat eaoend or .
<br /> pos�pa�e the due date of the monthty p�yments refemod to in paragrapl�1 ud 2 or change the artwunt of the payrt�ents. U
<br /> • under p�tag�aph 2i the Ptoperty is acquirod by L.ender.Bonoweia rigftt to any insurw�ce polic'�es aad proceeds trsulang
<br /> fmm damage to the p�opercyr p�ior w tlie arquisitian ahatl pafc to Lender to the extent o[tbe sums secured by ihis Securiry
<br /> (nsuwnent imnKdiately prior to the acquisition.
<br />`- 6. Oce�p�cy. Pr+�vatio�. Msi�teraa�e a�d tiroteetbs ot t6e Hsapaty: Bareow'er's i.a�u AppikaHon: _
<br /> I.eaaetioid�. Bamwer shall accupy.estaMish,and use�he Ptoperty as Boriower's principat resida�ce withirt sixty days af�cr -
<br /> the ezecudan of this Socuriry insinunent and st�aU contieue w octapX tbe Propercy u 8oaoweca principal cesidcnce for at ---—
<br /> = kast oae yeu after.the date of'occupancy. unkss Lender aherwise agtres in wriring, Wfiirb ronsrnt sha�if na be
<br /> -- wurasonaWy witT�held,or unkss extenwting ci�r,umspnces exist which ue beyand Banower's control. Bortowet shall not E—
<br /> = des�oy.damage or impair the Pioperty,albw the Pmperty to deuriaue.or comn�it waste aa the Arvpetty. Bor�ower sh�11 —
<br /> = 6e iq default if any forfeituee xtian ar praoeeding,wbetlKt civil or criminal.is begun that in l.ender's good faitb judgmenl
<br /> -= caeld result in forfeiture of the Pmpe�ty a ahecwlse materially impair ttx lien crated by this�ecunty last�ume�u a
<br /> - l.ender's sacw�ity inteces�. Botrower may cure such a default and zeinstate.as provided in paragraph 18.by causing the xtian ------_
<br /> - or procading io be dismissed'with a�uling tha�in Lenderx gand faith determ�nation.Prectudes farfeitur+e of the Borrower's ���T
<br /> " iaiense in thc Rope�ty or wher materiai impairment of the�ien created 6y this Securitq tm�a 1.ende��s s��Y � ' ��
<br /> �tenst. Buimwer shall atso be in defauit if Horrower. during the loan apptication process.gave materially false or '�,' _
<br /> = � ' �inaccurate infotmatiun or stafements to Lender(or failat to provide Lender aith any material information)in conauuon with
<br /> :<������?� the loan evidenced by the Nae. including,but not timited to.reprcsentarion9 concemiag Sarower's accupancy of the ----'--_-
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<br /> � of� as a residence. If this Securi lnstrument is on a leasehold.Bottowes shall comply witb aA the pro�+isians ���,„
<br /> y,ease. If B�atawer acquins.fee tide to the Pr•rperty.thc leaselwld and the fee tiUe shall aot merge unless l.ender agrces �`�'
<br />- . to the merger in writiag. . ' -----
<br />' . 7. Yrata�tioa o�Lender's Rights in tUe Property. If Borrower fails to perfartn ihe covenants and agceertknts �_„�..
<br /> - aa�n�ained in this Sec�uiry lnstrumen�or there is a tegal procealing that may signifcanity affect Lender's rights �n tlx �---
<br /> Ptopetty(such as a proceeding in bankn►ptcy.probate.far caxkmnation or forfeitun or to enforce taws ar regulatiats).then
<br /> l.ender may do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the Pcoperty. _
<br /> �• Lendcr's actions may inctude payina any sums secured by a lien which has priority over this Security Instrument,appeanng ,e __.,,�
<br /> in coutt,paying reasanable auomeys'fees and entering an the P�aperty to make repairs.Althaugh Lender may take action ,•,.;4.�:;ti.,°-_—��
<br /> , undet this paragrapb 7,Lender does not have to do so. _ _ ;,: �
<br /> � Any amounts disbursed by Lender under this paragraph�shall become additional debt of Borrower secured by this .` • - � --
<br /> Secwity Iashumen� Unless Borrawer and l.ender agree to other tem�s of payment.[hese amounts shall bear intenest from the � •_
<br /> date of disbutsement at the Note rate and shall be payable.with interest,upon notice from Lender to Borrower requesting :, .=�.,;=_-�-
<br />. PaYment. _ ' ' -
<br /> ' � & Mortp•age Insarance. lf Lendcr uired mart a e insurance ac a conditivn of makin the loan secund 6 this � *�`;-='
<br /> reA S g g y '•-�`'-J--
<br /> Securily Insttument,Borrower shall pay the premiums required to maintain the mortgage insurance in effect. IP,far any r`���='-
<br /> rieason, thc mortgage insurance coveragc required by Lendcr tapses m ceasec ia 6e in effect. Borruwer shall pay the . ., - �"_ --
<br /> premiums reqaued to obtuin caverage substsintialiy equivalent to the mortgage insurance previously in effect.at a cost •• ' ��
<br /> � subst�rttialfy eqaivalent to the cost to Borrower of the mortgage insurance previously in effect.from an altemate mortgage • �,,ti_,:,--
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<br />= insurer approved by Lender. lf substantially equivaleac rr�ortgage insurance covera�e is not uvailable.Barrower shall pay to •.•�.�,�
<br /> ' t.ender each manth a sum aal ta one-tweifih of the�•�rT°�mar► e insurance semium bein aid b Borrowes when the '�r''' 'Yr -
<br />- eq t , SaS P., SP Y �''�,� -.....'
<br /> �� - r.�surancc caverage Inpsed ur ceased to be in effect. I.es�±�.:wilt acce t,use and retam these a ments.ac a loss mserve in lieu ,�r:��.,':�°___.
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<br /> ' of murtgage insurance. Loss reservc payments may no longer be required.at the option ot Lcnder,if mortgage insurance . =-:.;,����y
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<br /> -�;,-� : coverage(in tiro�amount and for the pent�d that l.ender requires)pravided by an imurer uppraved by l.ender again becomes
<br /> „ avaitable aad is obtained.Honower shall pay the premiums required to maintain mortguge insurance in effec�or to provide a � ��;�; �
<br /> loss reserve.until the requirement far mangage inrurart:.�end�in uccordance with any written agreement 6etween Bmrawer � . ' '
<br /> . 1 �nd Lender or apPlicable taw. �• '
<br /> . _. r�- 9 lnspection. Ixnd�or its:�gcnt may make reasonabte entries upon and in�pections of tlte Propetty. Lender shall �,� �%��'��' • .
<br /> �����-� • �ve Borrower rtofice at the ti�ne of ar rtar ta an in.r cNan� cif m reasonable cause for the in.��etion. i'•`,�:'��"��,
<br /> -�±x�.si�s,+,+..��:- f P Pe P� Y� S �!• � -"_'-°- - •'-
<br /> - - - -- f ,� l0 Condemnation. 'I'he proceeds of any award or ctains f�ir datnages,direct ur canseytsent�al,io cannection with any - .
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