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<br /> � 7�, `��f..Ai��. ��{�11i�����Yi�l���i1Nl{VRG�.���s .
<br /> � .�►,���.u�a��Y�w. �ao��r�r�����a�-�a��.i,ma�rm.y.�c . .
<br /> �< . ..-� t:aodert�opaoa,o6ain cavr�e w�paucc L.eoaers ri�Ets irt�he Prope�cy in a000�d�nce w;t6 p.r�ph 7. :
<br /> Al!i�Qaoce pc�licies aod renewsls al�l!be accept�blc to I.ender and shali�include a stat�dqtd mottgage cfause� I.ender
<br /> ' sLaU�ve tbe ri�t to hoid the poticies aad ieaawals. Ii Irender ra�ui�es,.Bortawer sh�lt P�P��Y 8�ve to Lender�Il rooeips .
<br /> �P�P��uari aad mnewal notices. In the event ot tosss.Bormviter sttalt give pRxnpt notice ta tf�t in�c�triNr and - .
<br /> � L,eeder. Lsndet m�y maice pooF of loss if na madE promPdY by Boimwet. '�
<br /> . <:Unias Gendet�td Bamuwer otherwise agroe in writing.insuranoe proce�ds shaU be applied to nstor.�tion a cepais of. .
<br /> _ ' _ , d�e Prape�ty��.i�dx re�tia���paer is tvoaoenitallg feasibk and L'ender�secunty is:not kstened. .If the z
<br /> - , �stoatian ar repiir is n6t ecoaa�aicalIy fe�'ble or l�nder's secntity wouyd be kssened,tha inwrance praoads`s�116e � �
<br /> . sppliod w ttie smas securod 6y tfis Secucity Instnunent,whet6er or not�hen due,with any�excess pai�to 8�ttuvver. If •
<br /> ` Ba�mwer ab�ndons the Pmpe�tyr.or das mt aaswer within 30 days a iiotice fmin I.ender tI�at tl�e insur.NCe cartier fias r,
<br /> - v�'e�ed to seule a claim.ttKU Lender myy colbct t6e iauir,u�ce pmcads. Lender may use.the pracxeds to�ur ot cestore '
<br /> � ihe @npe�ty ar w pay sums saeuced by this Sxuriry lnsaument�whetiKCa t�ot then due. The 30�day penod v�n71 begin wtieq _ _
<br /> die notiot is given. - . . .
<br /> IlNess Lende�snd Borrower al�erMise agree�writuig.aay applicuinn of pmceeds to principal�hall mt exteod ar
<br /> - postpo�i�e the due daie of the monthtY P4Y���efene4 w in paragcaphs 2�d 2 or c6ange the amouat of thc paymencs. If
<br /> under p�rsgraph 21 the Pmpe�ty is acquiied by l.eodet. 8ormwer�s right ta any insueance policies and proceeds rcsulting
<br /> ' fiom�nage to the Property priar to t6e acquisition shatl pass to Lra�der to the eaunt of the sums sec�ued by t6is Securiry
<br /> � rnsuumaK immediuely prior co the acquisiciort. -
<br /> i. oocupa� Pe+t�errsffoa, Maiatarssce �md Prohctla� of the PropertY; eorrower's Lase Appl�artjon;
<br /> I.ea�eioi�. Bormwer s1u11 acc.upy,establish,and use the Ptoperty as Batrnwer's princip�l residence witlul�sixty days after
<br /> ` the�acceition of tbis Saurity instrumeat and s6a1!cuatinue to occupy tbe Prope�ty as Bormwer's principal residence foc�t .
<br /> teast �oae year afta ihe date of occupancy, unkss Ixnder otherwise agrees in writirg, which consent sGaU �t 6e = �
<br /> � � o�u�easonabty witLheld,or unkss sxtrnuuing ei�osnst�nces exist which are beyond Rormwer s cantroL Bonower shall not
<br /> �Y.�8�a i�P�*the Pcopaty.aIIow the P�operty w detericxate.ar commit waste on the Rapetty. i3amwer shatl
<br /> 6e in defa�lt if any:fafeiture aaian a proceading.whether civi!or cri�ninal.is begun tl�at in l:e�der's good faith judsment
<br /> couW nsult in forfeltws of the Ptoperty or oti�ecwise materialiy impair the liert creata}by this Security [nsuuinemt a �
<br /> l,�nder�securiry intecest. Barrowet may cure such a def�Tt and reinstate.as provided in parrgraph 18.by causing the action
<br /> _ or pcoeeeding to 6e dismissed with a ruling that,in�r's gaad faith determination.pnectudes focfeiture of the BoROwer's .
<br /> interest in thc Pc�perty or other material impaim►ent of the"iien created Gy�his Security Tnstrument or L:ender's seeuritq �
<br />- intercs�t. Borc+awer shall atso be in default if Borrawer. duriag the loan applieation process. gave materiatiy false or
<br /> inaccurate ul'form�tion or statements to Lender Eor faited tv provide Lender with any material information)in connection�.vith �
<br />= the loan evidenced by the Note. including,but not tiusized to. repcesentations conceming Borrower's occupancy of ihe '
<br /> - Property as a principal residence- If this Secucity lastr�.�t is on a teasehotd.aorrower shall cbmply with a11 the pmvisions
<br /> _ of the kase. �€$orrower acyuires fa titfe ta the Proper#y,the tcasehold and the fee titte shalt not merge nnless Lcnder agrees
<br />= . to the mergec�writing. `
<br /> -- — 7. Protectton ot I.ender's Rigl�ts 7u t1�e�r�rty. If Barrower fails to perform the covenanu and agreements
<br /> = contained in this Security Instamen� or ihere is�Gegat.praceediag that may significantly affect l.eader's ri�ts in ihe
<br /> � Pmperty(such as a proceed'mg in bankruptcy,probate;for oondemnation ur fotfeiture or to enforce laws ar regufi��►s?.then
<br />_-_ iLender may do and pay`fa�.Rfiatever is necessary to pratect the value of the Pco�ty and l.ender�s righss ia t���t+a�erty.
<br /> Lender's actions may include paying any sums se�•ured by a lien which ha4 priority over this Security Instrumer�appearia�
<br />�=�;�•r in court,payir�g reasonable attomeys fees And entering on the Property to make iepairs.Although Lender may take acti�i _ .
<br /> under this parngraph 7.Lender daes not have to do so.
<br /> Any amounu d�sbursed by Lender under this paragraph? shall become additional debt of�orrower secured by this _.
<br />_ , Security Instrument, Unless Borrower and l.cnder agree to other terms of payment.these amounts shap bcar inte�st from thc -
<br />_;� date of disbursement at the Note rate and shall be payabic,with interest�upan natice from l.endcr to Borrower requesting
<br /> paymen�
<br /> S. 14lortg,sge lnsurance. If Lender required mortgage insurance ac a condition of making.the loan securcd by this
<br /> . Secuiity Instrument.Borrower shall pay the premiums ceyuired tu maintain the mortgage insura,��e in effec� If.for any
<br /> re�son, the mortgagc insurar!ce coverage required by l.ender lapses or ceases to be in effec� Borrawer shall pay the _
<br /> _ premiumc requisz�l to obt�..�rr rovemge substantially eyuivalent to the mortgage e.z.-�.erance previously in effe:t..at a cost -
<br /> �astantially equtvalent to t�fie wst to Borrower oi the mongage insurance previoct��in effect.from an alterts�snortgage =
<br /> :: S::sum appro��e3 by Lender. if suhxtantially equivalent mortgage insurancc coveragc is not available,Borrower�hall pay to
<br />���'�. t,ender eac�tt a�a:th a sum equal to one-iwelfth of the yrarl y mortgagz i�4urAnce premium being paid by Borrower when the '
<br />' ;-� �surance cxs�i;�ge lapscd or ceased to be In effeet. Lende�wiA acccrr.�.Ye and retain thesc payments uc a loss reserve in lieu _
<br /> , af.:nortgage insurance. Loss reserve payments may ao Icr.�er be required,at the option af Lender.if moRgage insurance -
<br /> � a��erage(in the amount and for the pericxl that Lender�-�r'res>provided by�insurer appraved by Lender again 6ecames =
<br />= a:ailable and is obtained.Barrawer shall pay the premiums reyuimd to mainG�in mangage insurance in effect,or to provide a =
<br /> - foxv reserve.unu!thc requirement for mo 'rt�,e insurance ends in acc6'rwancc with any written agreement between Borrower =
<br /> und Lender or applicable law. , _
<br /> _ ' 9 Inspection. Lender or its ageni s�:�sy make rea.�onable entrc.upon and impcctians of thc Propeny. LenJer shall =
<br /> Lave Borrower natiee at the time of or prior to an inspecti�.:�.specifying masonabte c�use for the inspection. �
<br /> 10 Coademnatlon. '}1te procecds of any.iward i:r'c.aim for damages,direce or can.reyuential.in connection with any ,:
<br /> ' Singte F:unily--Fannk M�elF�rddro�1ac UNIi11R�1.l�tiTltl%�tEtiT••Uni(urmCovcn:uih 9l9D lyu,pr3 oJb�xi,te.�l
<br />� - C�rta1 t�ie B�Ints�f'ums,toc.■ _ .
<br /> 70 IR�Arr Wlt.13�D:�70?393�YA�81&19t4I31 . .
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