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<br /> s pedoda IhQt Lender requircs. The fnaurancc csurier providing the insurnnce shell be chosen by Borrawer eubject to I.ender's
<br />__ �ppraval which etwll not hc unrcasonably wUteheld. If Harcower Yails to maintain coveragc dcscribed above.l.ender may.at
<br /> Lander's option.abtain coveraga to protect Lender's righta in thc PropeRy in accordance with paragnph 7.
<br /> -- -� - -. A!)in��reltc!'polEelr!t!nd t�enewal!qhell t+r!wvY(tiAM�tn 1 xnrirr enrl Rhell inchuk a slendanrl mnrtoave r.l�u.ce. l.enrler .
<br /> - -_ - �hall fwvo the right ta hald the policfes w►d renewals. if Lcnder requires�,Borrower xhuil promptly�jve tu L.ender ail re�:�fpta
<br />:-�- -- of puid premiums und renewel noticeg. In tho evcnt of loss.Barrower oh�lt giva pn�mpt notice to the insurnnce cwrler and
<br /> �_ Lender. Lender may muke prouf of loss if not made promptly by Borrower.
<br /> ;..� Unlass Lender and Borrower othcnvisc agrce in writing,insurance pracceds shall be Applied to�estarudon or rcpAir of .
<br /> ihc Pruperty damugecl, if the re.rwratiun or repaie ia ecanomicully fu►sib� und Lendcr's s�cu�ity !s not lessencd. If the
<br /> rcstorwtion or rcpair is nat econamically feasible or Lender'�secunty wauld be lessened. the insurnnce praceeds shall 6e
<br /> - ------ wpplial ro the aums securcd by this Sccurfry Instrument,whethcr or not �hen due. with a�y eacess paid to Borrower. If
<br /> Borrower qbandons the Property,ar dces not unswer within 3Q duya a notice from Lender that the insurunce curcier has
<br /> offe�ed to senle a cluim,then Lender may collect the insurnnce proceeds. Lender may use the proceeds to rcpair or revtom •
<br /> the Propetty or to pay�uma securcd by thi4 Security Instrument,whether or not then due. Tht 30-day period will 6egin when
<br /> -=-=-_= the no�ice is given.
<br /> ���� ` - �`° Unless Lender and Borrower othenvise pgree in writing,any oppiicuiiun of praceeds tu pri�cipal shall not extend or
<br /> postpone�he duo dnte of lhc monthly puyments refemed to in puragraphs 1 and 2 or change the nmount af the puyments. If
<br /> under paragraph 21 the Property is acquired by Lender,Borrower's right �o any insurnnce policies und praceeds rcsulting
<br /> from damage to the PropeRy prior to thc acquisition shall pasa to l.ender to the extent of thc sums rxcurcd by thia Security
<br /> -�°°�•��� Instrument immediately prfor to the ucquisitkn.
<br /> -�-'-�" 6. Occupancy, Preservt�lion, Mwintenpnce and Prolectlon o� the Property; Borrower's l.oan Applicadon;
<br /> _..�.,...�.� Lenseholda Borrower shall occupy.estabUsh.nnd use the Praperty ua Borrower�principal rexidence within sixty days after
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<br /> �"`a"�'--- the execution of this Security Instrument and shall rnntinue to occupy Ihe Property as BorrowerR princ pu res enca ar at
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<br /> "''=��':�8° least one year nfter the date of occupnncy, unless Lender othenvise agrees in wridng, which consent shall not be
<br /> �`'`t �-14 .` unrcasonably wi�hheld,or unless extenuating clrcumstances exist which are beyond Borrower's control. Borrower shall not
<br /> �`""`°�' "-r"�'`'"" destro��.damuge or impair the Property,ullow the Praperty to deteriornte, or commit waste on the PropeAy. Borrower shall
<br /> "���y ";�,;�,,,,.. ' be in default if any forfeiwre action or proceeding,whelher clvll or criminal,is begun that in Lender�s gaad faith judgment _
<br /> >>x= , could rcsult in forfeiture of the Properry or otherwise mnterielly impair the lien created by this Security Instrument or
<br /> _ �,� �� Lender�secudty interest. Borrower muy cure guch u defuult und reinstate,u4 provided in parngruph l8,by causing the action
<br /> '""=`-�'''�='�=°;- or proceeding to be dismissed with a ruling 1hat,in l.ender S good faith determination,precludes forfeilure of the Borrower'a
<br />' , interest in the Property or other material imps�ment of the lien creuted by �his Sewrity Instrumem or I...:nder's secu�ty
<br /> -'.��"���� �j'"� "�� ' inteast. Botrower shall also be in default if 8orrower, dudng th.: loan npplicution pracess, gave materially false or
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<br /> -� r inaccurate information or stetements to Lender(ar fuileJ to pruvide Lender with aoy mutcriul information)in cannection with
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<br /> �.• . .e. �he loun evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the
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<br /> _ �, „r PropeRy as a principul residence. If this Sew�ity[nstnrment is on u leasehdd,Borrower shall comply with all the provisions
<br /> "^"-'�'`-�"= af itx lease. !f Sorsauer scq�ires fee title to the Psnperty.the ksseltold and Ihe f?!�title chall not merge unless L.ender aarees
<br /> �'������� � � to�he merger in writing.
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<br /> � 7. ProtecNon of I.ender's Rights in the Property. If Borrower fails to pedorm the covenants sind ugreements
<br /> —. �, ,~,,•'., contafned in this Securiry Inswment,or therc is a legal proceeding that mny signi�canUy nffect Lender's rights in the _
<br /> Property(such as a praceeding in bunkruptcy,prabate,for condemnation or forFeiture or to enforce luws or regulations).then
<br /> �r, Lender may do ond pay for whatever is necessury to prntect the vplue of�he Property and Lender�rights in the Property.
<br /> a n � LenJ�r's uctiW�s may include paying any sumc securcd by u lien which has prioriry over this Security Inswment.nppearing =
<br /> '= �w``�'�°• '�`��`' in caurt,paying reasonuble at�ameys'fees und cntering on the Property to make repairs.Although Lender may take actian
<br /> ` �� "' �� � �'� � under this parugraph 7,Lender dces not have to do so.
<br /> �' `� ' '"+f ' Any umounts disburred by l.ender under this pnragrnph 7 shall becane Additional debt of Borrower secured by Ihis
<br /> -'�-" .''•"<•' '<' '""�", Secu d ty Insirumen t. Unless 8orrower und Lender a�ree to other terms of pn ymenl,the.tie amounts shull bear interest from the !
<br /> ��d���p, '' date of dixbursement nt the Nae rute and shull be paynble, with intenext. upon notice from Lender to Borrower requesling
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<br />:d�•��y,,�° � P Y B. Mortgage insurence. ff Lender requined mongugc insurance u�u condition of making the loan secured by lhis -
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<br /> Security Insteument, Borrower shull puy the premiums rcyuired to muintuin the mongAge insumnce in effect. If,for any
<br /> - ,,,,,;,,.. ,�,,:m: reason, the mongu�e insurance coverage reyuired by Lender lupses or ceases to be in effect, Borrower shull puy the
<br /> _.,,;,�;,;�;�, ....;j:.. premfums required ro obtuin covernge substantially eyuivulent ro the mortguge insurunce previously in effect, nt n cost
<br /> _ • substantiully eyuivalent to the cost to Borrower of the mortguge insurunce previously in effect.from an ultemate mortguge
<br /> �'�• insurer approved by Lender. If substantfally eyuivulent mortga�:e insurunce coveruge is not nvuiluble,Borrower shull puy to
<br />::�,;�,�. Lender euch month a sum equu!to one-twelfth of the yeurly murtguge insuruncr premium lx:ing paid by Borrower when the
<br /> --��� �, insurnnce covers�ge lupxed or ceased to be in effect. Lender will nccept,uxc und rctain these payments:u u loss reserve in lieu
<br /> ��p •;;- ."- f of mortgage insuronce. Loss reserve paymentti muy no longcr be Ryuired, al the option of Le�xier,if mortgage insurAnce
<br /> :� �. � ' �' covemge(in the amount and far the period thut Lender requirex)provided by un insurer npproved by Lender again becomes
<br /> —' .�!� available and is obtuined.Borrower shall pay the premiums rcyuired a�muintain mongage insm�unce in effect,or to provide a -
<br /> -�.�9G'�;���....,.:. loss reserve,until the requirement tior mortguge insurunce endx in uccordance with uny written ugreement between Bomower
<br /> ° und Lender or npplicAble Inw.
<br /> , " 9. Inspection. Lender or its agent muy mul:e reusonuble entries upon wid inxpecuons uf the Propeny. Lender shal)
<br /> � � give Borrower notice at the time of or prior to un in+pection ti�xrifying reutinnuble cuuse fi�r the inspertion. _
<br />__ l0. CondemnANon. The proceedx of'any awarJ or claim tiir Jama�u,dircct ar runseyuentiul,in conneclion with any
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