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<br />    	'•		periods thut l.cnder rcquircs, Thc insur�mcc ciirricr prrniding Ihc insurnncc tihidl hc choscn hy tiorrc�wcr suhj�ct to Lcndcr'+
<br />  	�� �		appruval wbicii shull not bc unrcasnnably witl�hcld. If I�nrrawcr f�iils to muint�tin covcragc dc+crit�cd ahovc, t.cndcr may,ut
<br />    ..     �  		l.citdcr's optiun.obtc�in covcri�gc w protect Lcndcr's rights in thc E'roFx;rty in aicc�rdnnr.c with parzibaiph 7.
<br />       ,�   ;�     		All intiurnnce pnlicies nnd renewalti tihall be ncceptabla to Leiidcr imd xhull include a sumdard mnrt�uge cluu�e. Lender
<br />  	,�'		shall havc thc right to hold thc palicicx and renc+vals. !f Lcndcr rcquir��,[3urruw�r.ha11 prumpNy givr tu Lcndcr i�ll r�ccipts    	�-
<br />    �			of paid premiums i�nd renewul nutices. In the evem�if loss,Uo�rower shiill give prompt naticc tn the insuruncc riuricr wid
<br />° =��'�`•-_� 		Lcndec Lcndcr miiy makc proof af loss if not mudc promptly by Dorro�vcr.
<br />   				dJnle�s Lcndcr and Borrower otherwisc agrec in writing,insurancc procceds shall 6c upplied to reswratiun or repair of
<br /> ,�� ,       	Uic Property dimmged, if the restorution or repair is cconomically feasiblc und l.cndcrti security is not le+sencd.  If the
<br />--- 			revtoration or repair is not economicully feasible or Lenderl,ecurity would be lessened, the insurancc proceeds shall be
<br />     			upplied w the sumr secured by this Security Instn�ment, whether or not then due, with any excess puid to Borrower.  If
<br />  	�  �       	Rorrower uba�tdons the Piroperty, or does not unswer within 30 duyti u notice from Lender that �he insurance currier has
<br />     			offercd to setde i�claim,then Lender may collert the insurance prc>cecds. Lender may use the proceeds to repair ur restom
<br />   •  .  ,     		the Praperty ar to puy sums secured by this Securiry Instrument,whether or not then due. The 30-day period will begin when
<br />    .			thc noticc is given.
<br /> `�				Untess Lendcr und BaROwer othenvise iigrec in writing,any application af procecds to principal shall not extcnd or
<br />   �  `  '   		postpune tlic due date of the monthly puyments referred t�in paragraphs I and 2 ar change U�e Amount of the paymenis. If
<br /> ?�'�l�°:'•';  ,		under  ara ra h 21 the Pro  rt  is ac uired b  Lender,Bortower's ri ht to tu�  msurance   hc�es nnd  raceeds resultin
<br /> ��;°-,,,  			P   fi P     	P� Y �•   4       Y      		8       Y � 	Po� � •      P       	S
<br /> _ � -      		from damuge to the Property prior ta the acyuisition siiall pass to Lender to the extcnt of the sums sccurcd by this Security    	�
<br /> -�:-�,,,:�.:�   		Instrument immediutely prior to the acyuisition. 											_
<br /> :,:=;ti��,:;..•			6.  Occupancy. Preservotton, Mnfnten�nce und P�otecNon of the Praperty; Borrower's [.oan Applicatton;
<br />_  �"`"    		Leuseholds. Bonower shull occupy,establish,and use the Property as Borrawrr's principal residence within sixty days ufter
<br />   t^��_y,:   		the execution af thiti Securiry Instnrment und shull continue to orcupy the Property as Borrower's principal residence for ut
<br />--5,r.�,			least one year after the dute of occupancy, unless Lender otherwise agrees in writing, which consent shall not be
<br />     			unrear•onnbly w-ithheld,or unless extenuating circumstunces exist which ara beyond Borrower's control. Sorrower shall not
<br />       ir.    		destroy,damage or impuir the Propeny,allow the Propeny to deteriorate,or commit waste on the Property. Barrower shall
<br />.',,�`}'''   		be in default if any forfeiture action or proceedin�,whether civil or criminal,is begun thut in Lender S good faith judgment
<br /> :s��;�     	could re;ult in forfeiture of the Prop�rty or othenvise materiaUy impair the lien created by this Securiry Instrument or
<br />_____'�     		Lender's securiry interest. Borrower may cure such a default and reinstute,ati provided in paragraph 18,by cuusing the action
<br />  --���=�*'�     	or proceeding to be dismissed with a ruling that,in Lender s good faith determination,precludes forfeiture of the Borrower's
<br />  -_-_�u�     	interest in the Property nr ather mnterial impairment of the lien created by this Security lnstrument or Lender's security
<br /> -- -�—     	interact.  BorrYnver shall also be in default if Rnrrower; �1nri�a thr �n�� a��ljr3tl�r� �(MPCC' o�qA ;::g:�fl3�lj f�l:.0 aT
<br />    _	�     	inaccurate informntion ar statements to Lender(or failed to provide Lender with any material information)in connection witli
<br />-- -=-=     	the loan evidenced by the Note, including, but not limited to, repres,entatians conceming Borrower's occupnncy of the
<br /> _-=w=---     	Property��s a principal residence. If this Security Instrument is nn a leasehold.Borrower sha11 comply with ull the provisions
<br />     			of the leusc. If Borrower acquires fee titic to the Property,the Icaschold and the fee title shall not merge unlcss Lendcr agrces
<br />     			to the merger in writing.
<br />   __-			7.  Pratectio�� of[.ender's Rights in the Praperty.  If Borrower fails to perform the covenants cind agreements
<br />  �r�     	contained in [his Securiry Instrument, or there is a legnl praceedtng that muy significundy affect Lender's• rights i�� the
<br />  _____,.:,�     	Property(such as n proceeding in bankniptcy,probate,for condemnation or furfeiture or ro enforce laws or regulations),tl�en
<br />       ;y_;�     	Lender mt�y da and pay for whatever is necessary to protect the value of the Prnperty and Lender's rights in the Aroperty.
<br />   ` ___—     	Lender'.s actions muy include paying any sums secured by a licn which has priori�y over this Securiry Instrument,appearing
<br />     -      -     	in court,paying reasonable attomeys'fees and enecring on the Property to make repairs. Although Lender may take uctlon
<br />     			undcr thts parngraph 7.Lertder does not huve to do,u.
<br />  				Any amounts disbursed by Lender under this paragmph 7 shull become ndditionnl debt of Borrower secured by this
<br />     			Security Instrument. Unless Borrawer and Lender agree to other terms of payment,these amounts shall bear Interest from tha
<br />    -'-`----       	dute of disbursement at the Note rate and shall be payable, with interest,upon notice from Lender to Borrower req�esting
<br />     			payment.
<br />  				8.  Mortgage InsurAnce. If l.ender required mongage insurance as a condition of making the loan securec!by this
<br />    			Security [nstrument, Borrower shall pay the premiums required to maintain the mortbage insurance in effect.  If,for any
<br />    			rc:+son. the mortgage insurance coveruge required by L.ender tapses or ceases to be in effect, Burrower shall pay the
<br />    			premiums rcyuie�ed to obt�in coverage substantially cyuivulent to►he mortgage insuranee previously in effect, at a cost
<br />   _ __-;�;;�,     	substandully equivalent lo the c�st to Bonowcr of the mortgAge insurance previously in effect.from an altemate mortgege
<br />    			insurer approvect by Lender. If substnntially equivalent mortgnge insuraricc coveragc is not avnilablc,Borrowcr shall pay to
<br />       	iLender each month n sum equal to one-twelfth vf the yearly mortgoge insurance pminium bcing paid by Borcower when thc
<br />       	,    	insursnce coverage lapsed or ceased to be in effect. i.ender will accept,use;uid retain these payments ns a loss reserve in lieu
<br />       	�    	of mvrtgage insur,�nce. Loss reserva puyrpents may no longer be reyuired, at the option of Lender, if mortgsge insurance
<br />       �i    	coverage(ln the amount und for the period that Lender mquires)provided by an insurcr nppruved by Lender again becomes
<br />    --  __      	availuhle and is obtained.Borrower shaU pay thc premiums requi��ed to mnintain mortgago insurance in rffcct,ar to provide u
<br />    -_=-�;    	loss reserve,until the requirement for mortg:��e insurance ends in uccordance with any written agreement between Borcower
<br />   =___-_      	nnd Lender or applicub�e Inw.
<br />  .-'`«-+�s�' 		9.  Inspection. Lender or its agent may make rcasonable entrics upon and inspections of d�e Propeny. Lender shall
<br />   :;.��;�    		give Borcower notice at the time of or prior to an inspection specifying reasonable cxuse for the inspection.
<br />  ____��;�;,,,+.     		10. Condemnntjon. The proceeds of uny uward or claim For damages,direct or coeusequential,in connection with nny
<br /> _-���,�,       				Single Runily-•ramde M1fee/rreddlc Mec UNIF ORDt INST�tUMENT••Uniform Cuvenums 9/40 (pugc 3 n�6 pa.qrsl
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