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<br /> � `� �� �. Rip4ni�e.�ie'�l�+et!►�ora� Boaoxer abau laeep eue�ra�b now:r�a�aii�c�baeaitei elected an�6e � '�
<br /> - FrupatY i�aured�pitnt loss 6y=fue,�uds fncladed�vIt6in tbe tmnn'eaten�ded c+over�g�e+aod aop at6a b�d�,� .
<br /> ;u . fioods�Qaodlna,for�vhich Lsnda cequi�s insanace.This insuiaaa shall be otinained in the amamts aod for die.peria�s:z ,
<br /> t]�ft Leader�qnurc.t.ZLe ituutaoce curiec pioviding the imurAnce sh�!!be cisosen 6y Bar[owa subject to I tader's apponv�l , �
<br /> w1dd�.�I�tkaot be aiupson�biy witfil�eld._If B017bVYCf f7tIS LO IDiida1�11 GOYGW$C dGSCiI�YI ibOYfn LQldtr OIiY,,=La�der's ,
<br /> • °Q'ua°=.°1x�in om'erage fa Fratect I.eeder's rights ia the Propeaty in acc�rdanoe vrit6 parag�aph?. •
<br /> . ` AU insuranoe policics a�tl ienewals shAl!6e aooeptable to i ender a�d sE�ali inelude a stand�d anrtgage ctaose. Irader
<br /> st�ll hav�the rigt�t to�otd the poticies and renewats.if Leoder nqui�es,Noirawer s�Il PromptlY 8!�e to I�eMer al{�of
<br /> _ gri�pemnnims aad mieMat Aotiaes,in the event of lo�.Bo�mwsF shaU giwe prnmpf�otiee io t!�ias�s�anee s�rda aad I�eada. , -
<br /> ' t.ader msY tutke proof of loss if,mt m�de�y by Bartawu. .. . ' • -
<br /> Uni�ess Irnder aad Bormwer otherwise agt�ec irr wridng,insn*��rnoaods shall tie�pplkd to nstoiatiori oi trpair of tt�e �
<br /> PropeRy damaged,if We nstor�tion oc repair is aonomicaUy feasble and I.ender's socurety,is not la4sa�od.If ibe testoration or
<br /> �air is�wt aoomm�iadly fets�te or I�eader's security�imaW be tess�ned,the utwr.u�ce ptoceeds s6at1 he a�ptied w the sums
<br /> _ sa��ad by tbis Secudty Luaument.w6et6er oc�wt thm due, with�nY,exoas p�id to Bocmwer. If Bnrmwer�odoat tbe
<br /> Pmpe�ty.or'does na answer within 30 days a notfa fmm I�erWer tLat We inwrance cartier ha�offeied ta settle a claim,tdea
<br /> i i.eada may ootlect We i�noe pmceeds. Lender may nse tht pracoocis to npair or ratote tl�e Piroperty or to pay suntt
<br /> j sa��by tlfi5 SCC1lilty Tnctn�m�n�,whdlur or not then dne.77ie 30�day periad will begin when the aotice is givrn. -
<br /> I Unlass I eoder�ud Bouower otheiw+.0 agrae in writing, anY aPPliratibn of p�+nceods to principai s6at1 aot extend or '`.''..�'_
<br /> � . pastpone tbe duc date of ttu monthly payments�refemed w in parag�aphs 1 and 2 or change the amoatrt of tBe pay�nents.,If _ `
<br /> 1 �nder p�uagraph 21.the Prope�ty is acquirod by Lender,Borrower's right�o aay insuianx policies and pm�aoods iie,wlting fmm. �.
<br /> �. . .:. daa�►ge to the Pcapetty:prior w the acquisition st�a11 pass to l.endec ta the tauent of tGe sums sau�d 6y this Sxurity lnurument:
<br /> � �mmedi�tety priorio�e aoqulsidon. • . .
<br /> �- :�::,.: : .
<br /> _ �•.��.:�OOs�O�OfOI'C 1Od�plO[El'1�0II O�l�l.'�y's�DOIiq'�S j.W�����.
<br /> ���F s��occ�y,establls6,and use tbe Propecty as Boziawer's princlpai r�esidence arithin sixty days after tI�e sxecutioa of
<br /> .__ , Wis 5a�riiy I�traitxnt aad shatl continue to occupy the Pivperty as Borrower's principe�t�+esictenx for at Irast uae�}rear aRer
<br /> _ the date of occ�ancy.unless Lendcr otherwise agrees in wridng,which consent shall not 6e nnrq.4onably wit66eld,or unless
<br /> _:;, exteauating ciraia�amces exist whicb are beyond Borrower's conunl. Bonvwer shali not destroy, damsiga or impair the
<br /> _ . . Praperty,aQow'dte.Aroperty to deteriorate,of�mmit waste ae�the P�npesig...Bos�ower shall be in default if a�ry foiftitose �
<br /> -: action or procoeding,whether.civi'1 pr�nal,is begun that in Lender's good fatth jadgment cuuld result in forfeiture of the
<br /> '" Ft�nparty or otheEwise materialty�pair the lien created by this 5a�rity Instrument or I,ender's secarity inttcrst..Borrower rray � �
<br /> _ , . wre sncb a default snd reinstate.as provided in parngraph 18,6y causing the ac[ion or proceeding to be dismissed with a ruling
<br />- - . that. in Ix�er's good faitb determination, praciudes farfeiture of the Bosrawer's interest in the Property or other materiai
<br />- a impaim�ent of the I;en cn�ted by this Securiry Instrument or Lerder's sec�rrity interest. Borrower si�all atsa be in default if
<br /> ,� j Barrower,dnripg ihe]oan application process,gave materially fatse or inaccurate infom�ation or statements to Lender(or failod
<br /> -- � to provide Lerder with arry material information)in cont�ection with the loan evidencad by the Note.including,but nnt�imited
<br />:-:'�3` ; ta,represrntations conceming Borrower's occupancy of the Froperry as a principal residence.If this Secur�ty Instr�nent is on a
<br /> teasehold. Borrower shall comply with all the provisions of the lease. If Borrower acquires fee tide to the Property. the
<br /> , leasehold and the fee title shall not merge unless Lender ag�ees to the merger in writing.
<br /> 7.PtotecNon of I.ender's Rights In t6e Property.if Borrower fails to perform the cavenanis and agreements contained in
<br />- - this Security Instrument.or there is a fegal prnceeding Ihat may signi�cantly affect Lender's rigius in the Propeny(such as a r
<br /> j proceeding in bankruptcy,probate,for condemnafion or forfeiturc or to enforce laws or regulations).then Lender may do and �
<br /> . . � pay for ahatever is necessary to protect the value of the Property and Lender's dghu ur the Property. l�ender's actions may �
<br /> . •�" I include paying ar�y sums secvred by a lien which has pr�ority over this Security Instrument. appearing in couri. paying �_
<br /> •- �- ! ; '• reaconable aKomeys'fees and entering an the Property to make repairs.Although Lender may talce action under this paragraph =-
<br /> . � � 7,Lesx�does rat have to do so. _
<br /> ' Any amounta disburscd by Lender under this paragrap!► 7 sfiall become additional debt of Borrower secure3 by this '
<br /> Security Instrument�Lnless Borrower and Lender agree to ather terms of payment.thesc amounts shall bear interest ftom the ''
<br />'- ` date of disbursemer�at the Note tate and shait be payable.with interest. npon notice fram I.ender ta Banawer requesting �
<br /> - PaYment. -
<br /> - �; f 8.Mortg�ge Insu�nca IP l.ender reqpired rtx�rtgage insurance as a candition of making the loan secured by this Security _
<br /> I Instrum�nt. Borrower shall pay the premiums reqnired to maintain the mortgage insurance in effect. If. for any reason, the -
<br /> • mort�e insurance covcrage required by Lender lapses or ceas�s to be In effect. Borrower shall pay the premiums required to �:
<br /> obtain wverage substantially equivalent to the mortgage insurance previously in effect.at a cost substansially equivalenl to the `
<br /> cost to Boaower of the morlgage insurance previously in effect. fram an altcmate martgagc insurer approved by l.ender. If �'
<br />. , ' substantially equivatent mortgage insurance coverage is not av�iEable.Barrower shall ay to Lender each mnnth a sar.; ual to
<br /> P eg
<br /> : • one-twel.Fth of the yeady mortgagc lnsurance premium being paid by Bonower when the insurance caverase lapsed or cpsed ta !
<br />�. , �
<br /> � - -- - be ia eftect;Lcndcr wj11 asrept,use and retain these payments ac a tass reserve in lieu of mortgagc irnurance. Loss reserve
<br /> � . [:
<br />. r a
<br /> • Form 3028 9190
<br />-. � Page 3 of 6 �
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