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<br /> �� , per;od.qwrt i.a�de►neq�iLes. 1'6e i�anoe�ier pun►�idi�c the�a�IWI be claeen by eonower aubxct eo Len�la� . �.�
<br /> ai
<br /> = apptovr which�ti'eo1 be uaeaaon�blY wilhheW. !f Bampvser fsila w�ain�ovtnae da�csibod�bawe.LeMet nwy.�t
<br /> , I�e�derl�opliar4 a6tre�covet�e to�t�x�t 1.ende�i ti�hts in the Prc�rty i��with p�n�t►Z -
<br /> ' � All insuc�nce poticiea and nnewals sh�ll be scceptabk to t.ender uid shalt inatudaa sh�ndard mortgage clanse.;l.ender-.
<br /> a1W!I�ve the rieht W hold the podkies an0�wals. if L�ende�requirc�.�orrowe�slwli P�p��Y 8ive to Lender att roccipts �
<br /> p��ACIb1YdLt�li�1CIfCW�I tWtiCQ4. If!tlfC CYM�O��OSS.$OFfONlt S�t9II gtYC�0![i{1l tWIiCC t0 t�C InSLlatiCC CaiT10l apA -
<br /> Istder. Lender msy malce pcoof af loss if tat ntade promptiY bY Bormwer. shafl be a I�al w testorrtion a repus of
<br /> Unkss L.eadec md Banowerod�erwtse agt�x �ccun�u�ib�Lcnder's s�ecurity is aot tes5etrc0. If the
<br /> —_ -.- - - - die plvpesEy�d..if_!6c restor�rian o[repur '
<br /> nestcration a repair is not eeonoiaieally feaciUk or l.endes's security waitd be te5sened.the ins�aoce,proccods sh�If be
<br /> ., applied m the sums secueed,by this Sccuriry Inswment,.wtieti�er or not then due.with arry excess paid to Sorrower. 1f
<br /> 'Bopower aWt�foes the PmpertY�or does not answer witlun 30 days a�otice fmin I.ender that the ins�ran�carcie�has
<br /> offatd to aettle a claim,then L.ender raay colkrt the insur.mce proceods- Lender may nse thc ptoceeds to repais or nstorr
<br /> ' the ptopaty or to pay s�s securod 6y this Socurity Instruannt,whether or not tl�due. TNe 30-daY Pmod will bogin when
<br /> df�nodc�isgivsn. � - - -
<br /> . Uakcs L�ender�ed Bo�rovrer atheiwise agrve in wriciag,aay application of procads co principal shall na extend ar�� _
<br /> � `_ pocipoae the d�ds�e of the nwnthlY WYmrnts refemod ta ia paragiaphs 1 aud 2 ot ch�ge ti�e amo�mt of the ps►yments. if
<br /> . u�der paragraph 21 the Pmperty is acquirod by I.ender.Bortower'�right to any insvr��Pol�cies aad proceeds Rsulting
<br /> ` f�+om d�mage to the Ft�apenY Pria to the aequisYtion shalt pass to i.endec to,tbe extent o€the sumc secured by this Secutiry
<br /> Insmunent immod�atety Prior w the acq°isrtian. -
<br /> . . � p�c�y pe�ervatio�, Msi�teaaoce aad � ot the Yropnt9: BaroWer's Lnn AppUcstia��
<br /> Lea�eiolds. Bo�rower shall occnpy.establisb,an�cue the Propecty as Bo�rower's priacipai reside�re within sixty days after ` .
<br /> the ea�ecutian of.this SecuritY Insm�men�and shall contmae tQ occe�pY the PtnpeitY as Borroaa's principal cesidence far at
<br /> teast one yrar after the date of occupsocy,.unless Leader-att�eiviri.se agnGS in writing, wt�ich consent shall nat be
<br /> � un�easanably withhekl,ar�mtess extenuating cmcumstacxes exist;v�fiich are beyand Borrorvers control. Borrower shaI[nat
<br /> :: '�y.,damaSe ar img:tir the Pmpecty,allow ihe Ara�perty.b deteriorate,6r c�it waste on the Property..ff�rmwer sbati
<br /> '.:�be in default if any forfeiwne actian or prnc�eeding,vuheti�er civi!o�ci�'snal.is�egpn that in Lender�s good�a:�.h judgmenc , �
<br /> :;`;^ould tesult in farfeinne di the Prop4rty or atUerc�ise mate�iafly;'vn�a�.�e.;�cteated by this Securit�4'nswment or
<br /> ;� � k.ender's securiry inte�t•Bormwermay c�uie suah adeFauit 3nd�esnstate,as pravided in para�ra}�h 18.by causing the ac[ion
<br /> --- — .. .or proceeding to be dismissed widi a c�".^a.�that,in t.ender�gaad Faith determination.pciecta8�forfeitmre of the Bormwefs
<br /> -� . _ .interest iii tT�e Propect�.°•.+or•athes�ma:��mgairmetrt af the t�eri created by this Security �t or E.Et�dec�s securiry
<br /> "' • 'interest, Borrawer sC��&.,also be ice default if Bn�rower,dutin� the toan applicaaon pmcess:gave maerially false or
<br /> - -; inaccurafe informaia��s:atements Fa�Lender(or failed to provide Lender with any materia!infarcriauony en cwnnecuan with
<br />:.;;��; . ttse toan er�.��nced by tire Note. ineiuding,but not limited c�.r.�cesentations concernireg Bsrasower's obc�spancy of the
<br />- Fcopettg�s aprincipai cesider�ce. if this Seeurity Instrument is c�a�easehold.Borrower shaEIl�mpiy with alt�.'�e prati��su�s
<br />__ of the lease. Tf Borruwer acquires fee tiQe to the Property.t1�e fea�ofd and the fea tide shall not merge untess�ndec a���
<br /> -= to the merger in writing.
<br />-_ ` �, protection ot l,ender's Rights in the Property. If Bonower faits to perfortn the caYenants and agreemcn�s
<br />- _ ¢prtaiaed in this Security Instrumeni,or there i.s a legal praceeding that may significantly affect l.endess righu in thc
<br /> _'�' Pmperty(such as a proceeding In banlcruptcy.probate,for condemnation or forfeitu�e or to enforce laws os regulations).ther►
<br />.:���; Lender may do and pay for whatever is nece�.yary ta prcacect the value of the�Propecty and L.enders righu Irt the Pmpetty.
<br /> l.ender's actwns may include paying any sums secured by a lien which has priority over this Security Tastrumen�appearing
<br /> � in cou�t„paying reasanable attomey.c'fees arid entering an the Property to make riepairs.Although Lender may take xtion
<br /> �� under this paragraph 7.I.ender dces not havc to do so.
<br /> � My amounGv dtixbu�ed by Lendcr unM.t this pa►agrapb 7 shall becume additional dc6t af Bomowcr secured by this
<br /> Security lastrument. Unless Borruwer and Lender agree tv other terms of pay mcnt.the+e amounts shall bear interest from thc
<br /> = date of di�bursement at Ihc Nate rate:ind tihall be payabte,with intcre��.upan notice from Lcnder to Borrnwer�equesdng
<br />;;.-�. paYment.
<br />°_ 8. Mortsa�e Insuranee If l.ender reyuired martgage iosurance ac a conditian aP making the loao secumd by Ihic
<br /> � Security instrument,Borrower sh�tl p�y the premiums required to maintain the mortgage insurance in effert. 1f.fur any
<br /> reasan, tlx mortgs�ge in�urance caverage nyu�red by L.ender lap.ces or craye+ to be ia effecti Borrower 4ha11 pay the,
<br /> � � pamiumc required ta obtain roverage �ub�tanti:�lly eyuivatent to the mortgage in�uranre previously in eifect. at a cast
<br />. �• substaatiaAy eqoivs�lent to the ca.rt to Borrowcr af thc mangage inruranre prev�ously in effect.fram an aitemate mortgage
<br /> - insu[er approved by l.ender. If�ubstantially cquivalent martgage imutance caverage�s not availabte.Borrower shall p�y to
<br /> =�,�-. l.ender each month a sum cqual ta ane-►w•clith af the yearly mongage insurance premium i�cing paid by Borrowcr whcn the
<br /> -` .t- insurance coverage lapsed or cea+ed tv t+e in effect. l.ender wil!aceept,use and retain these payments as a(oss rexe�+e in ticu
<br /> _° of mortgage insurance. Losr reserve paymen4�may no f��ngcr i�c rcyuired.at the option nf Lender.if mortg�ge inrurance
<br />- - coverage(in the amount and for thc pcnad that Lendcr myuires►provided by an insurcr apprnved by Lender again beeomes
<br /> availabie and is obtained.Borrow•e��hall p�y the premiums reyuired ta maintaim m�ngage in�urance in effec�ar ta provide a
<br /> - � . toss rescrve.until the requirement for martgage in�uranee end�in accordance�vith any written agreement between Borrower
<br /> ' ' and Lender ar applicabte law.
<br />: • !1, Inspectinn. L�cndcr c�.r its u�e�t may make rea+onahlr enuie�u�n and intipectionr of the Property. l.cnder shall
<br />_ - - -- - -_ - _ ;ice Bnrmu•er nntice ae the tim�of nr pnor to:u�impereian�pecifyine rcawnabic«ucc for Ihe in.rpertion.
<br /> � �,.� IO Condemnatton. 71ic pr�+ceedti of any award or daim fai d.�mage�.direct or am.��uential.in connection with any
<br /> � . �, SingirFamity..iannk�tael}ieddk�lxC�IFO8�t1�tiTRl.�1F.�3'--CnifartnCo�enant� 9;l� iJn�ir9�,/n/+�irrs�
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