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<br /> - - _ , pericxlx Ihat Lender rr.yuimx. The inxuruiu:e carrler providing�he inKUrance�hull be cha�en by Be►rrower�uhJect to Lenderk
<br /> opproval which chall ua be unreusonubly wilhheld. If Q�xrawer fuilK�o mulntuin cuvrruge de.�rilxd utwve.Lender nwy.�t
<br /> --- L.ender's aption,obluin cove�age to hrotect Lenderk rlghlx in Ibe P�o�xny in a�cordunce wi�h pArugraph 7.
<br /> .� _ All inxuronce policieK und renewuls sholi t+r acceptuNle�o L.rnder aikl xhull include u�tundurd muhguge cluuFe. Lender
<br /> "-�'- xholl havc Ihe�1ght to hold thc policicv aad nncwuls. If LenJcr reyuire+.Borrawer.rhnH promptly givc w Lendcr all rcceipta
<br /> �������� of paid premiums and renewol no�iccr. In Ihc cvent�►f losw,Born►wcr,hAll givc prurnpt nwicc w thc inxurcmce cuRfe��l
<br /> l.ender. Lender may mukc pmuf of la�s if nut mudu prrnnptly by Sorn►wer.
<br /> �� Unle�c Lcnder and Barruwer olherwise ugrec in writing,inwrunre pmi:ecdx shull be Lpplicd�o rcs�nratian ar repair of
<br /> '� the �ny domuged, if the rcxlor+��inn or re�wir iK eronamlcully fcu.ible and Lrndcr+ xccurily is not Ic+�ned. IP thc
<br />: � � I restornt on or�epuir iz not economicully Peusiblc or l.cnderK+ccurity would be Icssened, thc inKUran�c pr�xccds ahall be
<br /> ���- applicd lo the sums secured by thi� Secu�ity Intitn�ment, whether o�not �hea dur, with uny excexg paid to Burrower. If
<br /> �;�''� Borrawer abAndong the Piroperty. ��r dceti not anawer wiihin;(1 duy�u noticc from I..ender�hot �hc Insur.�nce cu�rier huc
<br /> - _-_--�,a. offer+ed ta rettle u cloim,then Lender may c�►Ilect the inwuruncc procredx. Lender muy Use Ihc pracerda to repair or restore
<br /> ',�����:•- the Propcny or to pay sums�;ecured by thiy Securi�y Instrument,whether or no��hcn Jue. The 3lyduy perfod will begin when
<br /> �. . the noticc is given.
<br /> A___-_�a-�,�,�-,�--�_;:- Unless Lender and BoROwe�othcrwis�i�grec in wri�ing,uny upplicu�iun uf prcxceds to principul�hull not extend or
<br /> - •S postpane the duc date of the munthly puymenls rcFerred ta in pumKrs�phw 1 und?nr chunge thc umount of the paymenls. IF
<br /> �"-`___;_,�"��`���-�- under parograph 21 thc F'roperty ic ucquired by Lcnder, Bormwcr: dght to uny inxuruncc:policics and proceeds resulting
<br /> v.x��*��� from dumage w thc Pruperty prior t��thc uryuisitian shull puss to Lender ta the extent of the xum�secured by �his Security
<br /> -�'��`;�s� ' rt Instrumem irnmcJiutely prior to the ucyui�ition.
<br /> _ ""��'���-�' 6. Qecupaacy. Preservptlon. Malntenance aod Protectlon of the Propertyt Horrower'R Loan Appllcatbn;
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<br /> � ,,;�,��b,•t l.easeholds. Borrawe�shull a:cupy.extublish,und uxe the Pn►peAy ux Sorrower+principal re�idence wilhin sixty duys ufter
<br /> _,.,�-_°T'�° Ihe execwion of ehis Security Instrument nnd shull continue to cxcupy the Property us Borrowerk pdncipal residence for at
<br /> � � ° -���� - ;^;``'� Ienst one yea� ufu� the da�e of accup•rncy, unlc�. L.rndrr u�herwi`e agrces in wrfdng, which consent e�hull not be -
<br /> �- '�� � •• � unreASOnably withheld,ar unlc+x extenuuting circumstunce�exitit which nre bcyond Bormwer's romml. Borrawer shull not
<br /> - ,i �'"' destroy,damuge or impuir�he Propehy,ullow thc Property�o deteriorulc. ur commit waMe on the Piroperty. Borrower shull _
<br />'���' , � be in default if uny forfeiture uction ar�rcxceding,whether civil or criminul, is lxgun thut in Lender:good fuith judgment -
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<br /> - • • ��- cauld resuU in forieiture af the Propeny or aherwi�e muteriully impuir�he lien creuted by this Sccuri[y Ins�rument or
<br /> '�'�' .� Lender's security interest. Borrower muy cure xuch u default und rein��ute,a,provided in parugruph 18,by cuutiing the uction
<br /> _ �_n,Y., ,,; .,•�. '; or praceeding to be divmissed wHh U ruling thut,in Lender.gaxl f'uith cietertnination,pmcluJe,forfeiwre of the Borrowerk
<br /> -�—�• ._..��,,,j :.,:;; • intere�l in the Piraperty or other mu�eriul impairment of the lien cre•r�ed by this Security In+trumem or Lender's security
<br /> � �•a . . . interesi. Borrower zhull ulso be in default if Borniwer, during the luun upplicution process, gAVC mutcriully fultie or
<br /> ;r; • �;T�.�;,,� :• inaccumte informu�ion or.tatements to Lender I��r fuiled�o provide Lender with uny muterinl inf'onnution)in connection with
<br />_ —_; y�� :.�,.��,.n tM loun evideneed by the Note, including, bw not limi�ed to, ropm+entution� concerning Barcower: accupuncy oi' the
<br />- Property u�u pmicipul mxidence. If this Secu�ity In�trument ir cin u Ieusehold,Borrower shull comply with ull the provirions
<br />--- .��?�r���°�' of�he leuu. If Borrower ucquitez fee titla to Ihc Pm�xtty.�he Icu�ehold und�he fee tide shutl not me�ge unless Lender agrees
<br /> -- ''"r"��'�'`"` to the merger in writing.
<br />_��"�"�y'�7'�� °'� ?, Protection of I.ender's Righfa in the Property. If Borrowcr Fuil. to perf'orm the crnenumz unci ugrecmems
<br /> �.'� . . contained in this Security Inxtn�mem, or thcrc is u Iegul prorceding that muy ,igni�cantly ufi'ect Lendcr'x rightx in thc
<br /> ` �r� � Property(�uch us u proceeding in bankn�ptcy.prob•rtr,for ronikmnutinn o�forteitun or�o enforce laws ar regulutions).Ihen
<br />` - � Lender may do and puy for whutevcr is nercxxury to protect �he valuc of�hr Property und Lcndery righ�+ in the Property.
<br /> `'" "•" ' Lender:actions ma includc u in�un tium,tirrurrd b u licn which hu+ riorit ovrr�hi+Scrurit Instrument,u urin� -
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<br /> " ' in couA, paying reawnable uttomey�'1'ee+und cntering on the Prop�:ny to muke repuin.Although Lender muy luke uction `
<br />;'-w •-v�,�. • undcr this purug�uph 7,l.endcr Jcx:x rwt hovr ai do xo.
<br />"'vti� °�� . � Any am�wnts ditihur.cd by l.rn�kr undrr this pur•rgruph 7 +hull lxrromc uddi�ionul debt �if Borcower �ecured by this
<br /> - - � �• � Security Imtrument. Unlc.s Borruwcr und L�ixlcr ugrcr tu utlxr�enn.of puymrnt.�hc+c umoun�z shull lxar imem+�frnm the
<br />:,��_ � • dntc of disbunement ai ihe Nute rutr unJ xhall he puyuhlc, wilh intercxt, upon rn�ticr t'rom Lcnder lo Bortxiwcr reyuc.ting
<br />.���, .� . .. puyment.
<br /> -- 8. Mortgage lnwranre. If Lcnder requircJ murlgugc inwr:mcc us u r�mJilion oY muking thc loun secured by this
<br />:`,'°y� • Security Inwtrument, Borrowrr shull pay thr premiums rnquired k� main�uin the mongugr intiurunre in eftect. If, far uny
<br />= `'�� '���� reuxon, the mongugr insuruncc ruvcrugc rcyuircJ hy Lender lap.c�or rrusrs to in in cffecl, Borrowcr shull pay the
<br /> - �:�`�•'' premlumx requimd to oMtuin rovcru�!c tiubs�umiully eNuivulent to dx mongu�c imurunre previou.ly in effect, ut a ru.t
<br /> `rt�% ' ' ' subrtunliully eyuivulent to�he cuxt to Borrowcr af thc man�ugc in,uranc�prcviously in ct'icct, frum un ultrmalc mon�uge
<br />��'';��c�, •` .. imurer upproved by Lendcr. If sub.tuntially cyuiv�drm mong•r�c insuranre ruvcru�r i.not uvailable,Borcowrr ahall puy tn
<br />;- '• .. Lender euch month u sum ryuul to anr-twrltih i�i'�hr yearly montiugc in.urunrr premium Ixing puiJ by Borrowcr wlxn thc
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<br /> insurance covcrnpc lupud��r cru�eJ to tn in�ffert. Lcndrr�vill acrepi.u,r imJ rct:�in�hru poymrm.nti u I��..rrxrvr in lieu
<br />_-.,;..•. uf mart�tuge insur•rncr. Lii., rc,rrvc puymcnts muy nu lon�cr Ix rcyuirrJ.ut ihr uptiun uf Lrndrr, if moriguge in�urancc
<br />=_�:�:��i °�, �•�.-.- ., caveruge lin the amount und tiir the perind th•rt Lrndrr rrquirc.)pr�►vi�kd by u�i in.urer apprav�d by Lender aguin tx�com�+
<br />:-�:�..,� • .: avuilablc und i,obtained.Borcuwcr�hull puy thc prcmium.rrquiRd tn ms�imain murlgaNc inwrvnrc in rfl'rcl.�►r N�praviJr u
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<br /> :1 '.: �a`"�' loss resrrve. umil thr reyuin►nent li�r m�m�ei��c insurunrr rnd�in accorJ:u�re wiih nny writ�rn ugrcemrnt tktween Bnrmwer -
<br /> .� � , anJ Lcnder or upplicublc luw.
<br /> . 9. Intipeetiun. Lendcr ur it�u�rnt muy makc reasimi�hlc cmric.up�ai and ins�xclii�m uf thr Pr�i�xrty. Lrndrr shall
<br /> � give Borcow�r noticc a�thr tim.��I ur pri�,r w un in,�xrtiun.�xrifying rea.uni�hlr ruu,�ti�r thr in,�xrlion, -
<br /> 10. Condemnotion. Thc prixcaJ�ol':my:���•:rrd��r rlaim lirr damagr,.dircc�„r rumcyucmiul.in rannrctNm wiih uny
<br /> . . Sfn�lc Frioih--M'unnk�1w/Flrcddk�fur I'\IF11R�11NtiTRC\1F.1'1' •l'minm�Cu�rnunt. Y;411 qr,rer?nle��,�xr.i
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