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��.o �� . - -- - -- --��: -- -_—. ---- , w .3�A!�CE.`^'° ' _' . ' ' . . - — _ __ _. '�- . _ ....-�_ . _t' _'_ '._ ..��- --•_-�._ -- -___ . "i�l�.'^", . . ._ .. . .. ._-��,3_�.__ , _..:_.. ._ . -._ � .... _ ' ' _•,�._:.,y � ��_.� �. .,�ti . 't�y�� . .''i.17riY5l�.Aii- . ..... ..°.. _:. ' "'__=-+.sY�c'-_^: r_.4S . . �, — . . . � • -� _��=...�rn...=__—...�'.- �t�" �Q��t��i 5. }{y�d� �rt�• IawrwuY. Irkni�wer rf�zll kc�p th� in�nu•ea�eats now exi�ting on c�rraftcr ervctc3 on thc Pr<<pen�• insurz�l�aiiut I�us by�r�. Iwar�i� i�xlwic�l w•ithin thc terni "ette�xial�vn•erage" aixl ww utl�er iu�arJs, includi►�t flcxxls a�il�+uiliny. fur which Le�Y3cr ruyui��ti iu�ua►►ke. '1'his i�uurauuc ciull he ouintaii�n.! in the wiwunts;ux! fur the periods ttut l,eixicr rryuircc. The in�uraixe rarrirs ��r��::�lr��th� insur�.au��ful� be d�i»en hy Borru►�•cr whjctit to lwrxlc�'s:y�rav�l MISK{1 �11:I Ril1 bt W1Iti:t-�t1II:1�Il� �ithhzki. !1 8am�u-er fuils tu nwinwin ru�•ecsFe�kurits��1 utkn•e. Leniler may. ut [-e�t v upiiu�.c�uin�overage to protoc�[.c�ki�:r's righcs�in�he Pruperty in sua.r�l:uke w�ith�uragr�h 7. All inwrince policies�xl+'e�tew•als�11 be iceeptable to L.c�xler arul sh:►ll iiuluJe a uatxlurJ nx►rtgage clause. lx�ui�r shall ha�•c thc right to hold the policics an�ren:�21s. If Lendcr rrquire�.Burcuw-er�tuli pn�n�ly��vc w Lender ali rc:�ipts af paiil prcniiuu�.s wxi r�n�wal naiicrs.In th:e��tsu of la�ss,Barrow•er shall give p�umpt iwtice to the insur�u:e csurier yxi L.etYict. Leix3er may mal•e proof of loss iP not made pmmptl�•by Borrowcr. Unless Lender�nd Borcuw�er otheru�isc a,�rae+n,K•riting, insurance praceedc shall be applied to restoration or repair of the (�ropeKy danwgcd, if the reuorWion or repzir is.avix�mically feasible and Lencler's s�xuriry ie ru�t Iecsened.If Qie resioration or npair is not economically fe�sible or Lendcr�S SCStltll)�would be lessenal.the inwrance proceecls shall tx:applied to tiw sums soc�ral by this Securiry Instrumcnt, whz�thes ar nai then due. with ;u�y excess paid to Borrower. If Sorrower abandons t1►e prapeny.or ciaes nat answ'er u•ithin 30 da��s a nc�tice from Lender that the iasurance carrie�haa offem�i to settle a claim,ttun kn�fer may ¢u��xt ihe insurance procecds. L.ender may use tlu proceeds to repair or restore the Frvpercy ar to p�y sunu sccuml by this Security instrument,w�htttt�or not then due.The 30-day pericxl will begin when ttu:notice is�given. Unl�ss i.ender znd BonoK•er ott�tnu•isc c�gree in writing, :ufy upplicution of praceeds to princiFal �I not extend or postpone the due date of the m�anthly paym:nts rr.f�t�red tu in par,►�taphc 1 und 2 or changc the an�cx;.u,c�f the payments. If utxkr paragr�ph 21 the Property is uoquired by Lcsukr,&�nou�er's right to any insur.utice policies and pc�a.txds resulting fram dunage to the Propezty prior to the aoquisition slwll ra.�c to LesxG:r to the extent of the sums secuce�l by tdHS 5eeurity Instrumu►c iaunaiiatcly prior to the acquicition. 6.Oocupsucy,Preservstlaa.Aisintes�auce und Protectian of tbe Property;BorroN•er's I.oan Appiicsttion;l.easeb�idc. Borrower shall cecupy, establish, and use tho Pr��Evcin.�cs ;�Borrower's principal residence within sixry days:,�fter the execution of this Security Instrun�ent and st►�ll continuo ta�xcup3' �§$ProPenY as Borrower's principal residence foo at leact one ytar after the date of occupancy. unless Lendcz otltierw•ise agret�in writinb. which wnsent shall not be unreasonably widil�eW. or unless exte�wating circumstances ezist ��fiw�i.: are beyond Borrower's wntrol. Bonower sl�all not destroy. daa�age or in�pair the Property. allow the Property to dc�sesioratv, or c�s�r.wnit w�ste on the Property. Borrow�er shall bo in default if any forfeiture action or pracading,�hecher civil or criminal, i:h:.�'un tt�at in L.ender's good faith jc�dgnxnt oould result in forfeiture of the propuly or otherwise rnaterially impair th:lien cs�ted by this 5ecurity Instrument or l.ender's securiry�ati:aest.Borrower may cure such a defzult and reinstate,as pro�•ic1oJ in paragraph 18. by cau�ing the actioa or proccxding w be�ssed wiih a nilia8 that, in Lender's good faith determinztioa. precludcs forfeitu.-�;of the Borrower s interest in the Praperty or odtier znatetisl im�paim�ent of the lien cr�ateil by �his 5ocurity Instrument oc I.Erider's security intercst. Borrowu sl�all s�1so be in ci�sult if • Borrower.during the tosrt apQlication pracess,gave material(y false or inaccurate iaformltion or statt��o Lendet�os failed to provide l.eider with an�mstcrial infom�ation)in oonnection with the loan evidenced by the Note. iuciradir.g.iwt not limitod ��tioas ooacemi�g Borrower's oocupancy of the Propzrty ag a principa!residence•If this Secauity Inutumes�t is on a -- ---Ieasehold, Borrower sha!!comgly�rvith all the provisiw�s of the tease. It t�rrovPer xquic�s iee �iiie io iac-r.�c+�y. u,� tcasehold and the fee titl�shall�t merge unless Lender agt+oe.5 to the merger in wriring. 7.Protectioa at I.eoder's Ri,�hts in t4e Property.If Borrower fails to perfonn the oovenanu�ud:greements oont�inod in this Sccuriry Instrument. or there is a lega!pro�ing that may significantiy affect Ixnder's rights ia ite•Property (such as a proceeding in buikruptcy.probate,for conclemt�tion or forfeiture or to enforce luws or regulations), tha� l.ender may do�nd pay for whatever is nocessary ta protect the value of the PropeRy�nd L.ender's rights in tJae Praporty. Lender's xtioas may inclyde paying�ny sums securod by a lien which hzc priority ovor this Security Instrument. apNearing ia court. paying reison�ble attomeys'fces u�d mtuing on the Pioperty to make repairs. Although L,eacler may take xtiou under this para�raph ' 9,Lender doa not 6ave w do w. My amoutus disbursod by I.ettider under this patagraph 7 stt�ll become addiriot�l debt of Borrowu secured by this , Security Inst�vmrnt.Unkss Bomower and Les�der agra to otbcr temLC of paymeat,thae �a�aunts s1�a11 bear interat iroaA che date of disbu�sanent ac thte Not�race�nd sha11 be pzyable. with interost. upan notia from I.ender to Borrower requesdng Payment. - S.119o�t�e�uranoe.lf I.eader required mortgage ins�u~ana ac a cocxiition of malcing the laan sa�tre�d by this Seeurity ' Instn�ax�t. Borrower s1�a11 Qay the premiums required to maintain the mortgage iawr�na in �ffect. If, for gny rcason, the mostgsge insurance co1c.rago requiral by l.ender lapses or oeases to be in effoct,Borcower shall pay the preaniums requu+ed to � obtaiu.co:eraFte substanci�lly equivaient w the mortgage insurance pc�vious{y in effect.at a cost wbstantially equivaleat to tbe ; cost ta Borrower af the mortgage irsurance previoasly in effect. from an alternate mortgage insurcr approved by i�der. if . substantially equir•aleut mortgage inwras�ce co��erage is not available,Bonower sl�11 p�y to Le�►der cach month a sum oqual to oae-twdith of the yr.�ty mortgage insurance premium being p�id by Borror�er when the i�uurance cover�e lapsed or ceased co be in et�x. Isades wztl�oce�t.use¢ud retain these payments as a loss reserve in lieu of mortgage insurance. Loss reser�+e i � • Forra 3G2S 9180 ? Pp�3W0 . r 7 �