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<br /> 3, Applicellon ut Peymenta. All payments rcceivcd by the Lender undcr the Noto or this S�ci!rity
<br /> Instrumenl shnll bc nppHeJ by thc Lcndcr to tl�c T�lote or Morlgngc In sue6 otder af npplication ns lhe L.endcr mny
<br /> : dctennino. .
<br /> ; 4, Llen�. Trustor ahnll promptly discherge any lien which has prioriry ovor�f�is Security lnatruinent �nless '
<br /> � 1'nistor: (n)eRreea in writin�to Qie pnyment oF the obligntfan secured by the Ii�n In a mnnncr accepteble lo Lendcr,(b)
<br /> • conicats in good fnilb thc lia�by,c�r dcl'cnds ngninsl cnlirrcemenl of Ilic Hcn in� Icgnl prucccQings which in Ihc I.cnder'S
<br /> ;;,w..�" ► opiniun aperale ta prevent lhe enforcement o(lhe lien;or(c)secures frrnn lhe holder�f the lien nn egreement sa�isfaclory
<br /> •--.�• �''�' ' lo Lender subordinating the lien to ihis Security I�istrument. If Lender delerniines that nny parl of the 1'roperly is subject
<br /> to a lien wh4ch mny attafn prioriry over this Security Instrument, Lender may�ive Truslor o notice identifying thc lien,
<br /> ` Trustor shall satisfy the Ifen or take one or more of tlie nctio�is set forth above within 10 dnys of Q►e giving of notice.
<br /> ,. � 5. Hezard or Pro�erly In�urnnce. Trustor shall keep the imQrovements now existing or hereaftcr erected .:�.;1'.;:
<br /> ` � on the P�operty insured egainst loss by fire,hazards included within the tenn"extended coverage"And any other ha�ards, �•
<br /> ��� including tloods or tlooding,for which Lender requires insurance. 9'his insurance shall be mnintained in the amminisand �f,_,-:
<br /> � for the perfods that Lender requires. The insurance carrier providing tlie insumi�ce sl�all be chosen by 1'rustor subject to --
<br /> Lcndcr's approval which sh�ll not be unrcnsonably withheld. li"I'rustar teils tomaintain coverage described ubove, Lendcr ��
<br /> � may,at l.ender's option,obtnin coverage to protect Lender's rights in the Propedy in accordance wit��parAgreph 7. --�
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<br /> All insurnnce pulicies anJ renewals shnll be acceptnble to Lender and 9hnll include s stnndnrd mortsage cl�use. �r_.
<br /> Lender shail hnve the right to hold the policies and renewals. if Lendcr requlres.Tiustor shall promptly give to I.ecider all
<br /> receipts of paid preiniums end renewnl notices. In Ihe event of loss,1'rustor shall give prompt notice to the insurnnca _
<br /> � canier and Lender. Lencter mny mnke proof of loss if not mnde promplly bv 1'rustor.
<br /> , . Unla�Lcnder nnd 1'rustor otherwise agree in writing,(nsurance praueds shall bo applted to restoration or repair
<br /> of Ihe Property dameged,if ti�e restoratlo�t or�epalr I�economicnlly feasiblo nnd l,ender's security i�uo�le�sened. If ti�e
<br />' ��• realornlion c�r repnlr is nnt economicnlly fensihlo or I.enJer'�securiiy would 6e I�ssaned, d�o insurnnce prnceeJ� �nay. nl
<br />__ it�e olition of the I.ender,be npplied lu U�e sums secnred by U�is Sccurity lustr�nnenl,whetl�cr or nut then due,witli uny
<br /> �F"�" `�� ' exces�p�id lo'frustor. If'Trustor nbandm»�I►e Propeiiy,or daes not Answer�vitldn 3U unye a noticc irom t.enJcr inat ii�o
<br /> � �, , b»urnnce canier he� offered to setUe n clnim,Qten L.ender mny collect tlie insurnnce procceds. Lender mny use the
<br /> prc�ceeda to repnir or restore the Property or to pny swns secured by this Sece�ri�y Instrument,whether or not lhcn dua'i'he
<br /> � �-� : ,, 30-day period will bcgin when the notice is givcn.
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<br />-::�a'•{`;p;.�r�: Unless l.ettder,Trustor and Borrower otherwisa agree in writing,enyepplication of proceeds to principel shell not
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<br /> � extcnd or postpone the due date of the monthly payments referred ro In paragraphs 1 and 2 or change the emount o t o
<br />�-s.��..'r=_�""", payments. If under parn6reph 21 the Property is acquired by Lender,Trustor'�riglit to any insun►nce policies and proceeds
<br /> '^'-'"";""� resuiting f�otn J�mnge to the Property prior to Q�e ncquisition shall pass to Lender�o the exteut of Qie sums secured by this
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<br /> v� Security Instrumau immedietely prior to the acquisition.
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<br /> -"""'°"'—— 6. Occup�ncy, Preservat3on, Mrintenauce �n� Protecllon ot thc Property; Trustor'� Lonn
<br /> _:"�';��� AppllcaUon;Lcaschald�. 1'ruslor eball occupy,eslablisl�,nnd uso thc Propcdy ns Trustnr's rasiJcncc and sl�nll cu��tlnua to
<br /> _,r_.,:�� . occupy the Propeny es Trustor's principal residence for at Ieast one year af3er the date of occupnncy, unleas I�nder
<br /> – �� otherwise egrees In writing,which consent shall not be unre�sonably withl�eld, or unless extenuating circwnstnnees exist
<br /> __..,�,;,a:�—■ whlcl� ere beyond'Trustor's control. 'fn�stor shell not destroy, dam�se or impnir tl�e Property, allow the Pre+p�ny lo __
<br /> "--=t=��':��11•� Jeteriornte.ar commii wnste on the 1'�operty. 'Pruslor shn11 be in defnult ifnny furl'eiture action or proceeciiug, �rhetf�cr
<br /> ei_��,k.�,:�s civil ot cr3minal,is begun that in Lender's good faith Judgment could result in forfeiwre of the Property or otherwise
<br /> �•;,, p, meterially impair Aie lien created by this Securfty Instrument or Lender's security interest. Trustor mey cure such a default
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<br /> =-����':' end reinstate,as provided in parngrapl� 18, by cnusing the action or proceeding to be dismissed wi�h n ruUng�hnt� h�
<br /> '_�,�� Lend�r's gaod faith determinntion. precludes forl'etwre of thc Trustnr's interest in the Property or other materinl
<br /> '�"� impairtneiet of the lien cteated by this Security Instrwnent or Lender's security interest. '1'rustor shall nlso be in deflult if �
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<br /> "R'"°'°'"� Trustnr,during thc loan opplication process, gnve materfally felse or innccurate infonnation with respect t� ihis Securfty _
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<br /> :�G;;,;•`;...ti,':,� . lnstrument,such as false representations conceming Trustor's occupancy ofthe Property es a residence.
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<br /> .�: r�f� ' 7. Protectlon of Lendcr'e Rlghta In the Property. If Trustor fafls to perfonn thc covenams nnd �
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<br /> , �greement�contatned In this Security Inatrument,or there ts e lagal procceding that may signific�nUy nffect l.ende�'�rights -
<br /> `�.,:�� , in lhe I'roperty (such as n proceeding in bankruptcy, probate, for condemnntton or forfeiwre or to enforce laws or _
<br /> - � �•�, re.gulutlm�s),tl�en Lender mey do end pay for whntever is necessery to protect the value of lhe Praperty flnd Lendcr'�rigliLs �_
<br /> • , in the PropeAy. Lenders nction�m�y include paying any su►ns secured by e licn which hns priority over tliis Securily __
<br /> .��. ...;. '. Distrument,appNnring In court,puying reasonable nttonieys'fees and cntering on the Property to make repairs. Alihough �;.,'
<br /> •.-�R ° "� l.cnder moy tnko aclion under tft(s pnragrc►pli 7,Lendcr does not have to do so. "
<br /> ` " �,;�• r Any emounW disbutscd by I,ender undcr C�is pnrng�aph 7 shall buomo additional debt secured by thls Seaurity '
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<br /> . Instrument. Unless tlie'I n�stor nna Lenaer ngrea co o►ner iernis oi paymem,mesa unw���.����a����p� �uic�w� uvo��n�> an�c E---.
<br /> • . . of disbursement nt the Note rete c�nd shnll be peynble, with enterest, upon notice from Lender to Trustor requesting E
<br /> paymeiit.
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<br /> 8. Mortgnge Insurauce. Lender has not required morigage insurance ns a condition of mt�king ihe loan •
<br /> � ' - secu:ed by this Security Instrument.
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<br /> • 9. ln�pectlon. Lender or its o6ent mny mako reasonable cntrics upon and inspections uf the Property.
<br /> Lender shnll givo Trostor notice at tho time of or prior to nn inspec�fou specify ing reasoneble cause for tlie inspection.
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