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. :.;,,; <br /> . w�! . ... <br /> �! t � �:. . �. i� v� ,pK- - <br /> , <br /> . - , . . .... .... .. .. .. _ . ... ...._..urc_"_�- <br /> -�-�•• �:-f' �• 6 �• . . . .._ .. . - _"'- <br /> .. . � .. ' ,� '. , .. .:i�.'j:.•'a`i„—.c,�.ii <br /> � � . . . . .., . -..t°.,y,'�5'iv'� .. ... .4"vy-���y;'iZ��'' .'- '�_T--•--- -i--.—,�.—�-�-Y.. - ".?.. - �--. <br /> �. � . c.�._.� -.. . � <br /> . �... .•.:'V+i�.<�Y•4�-:e. t.•. ,..•� �.. � .. .... .. .. .. .. .. . . . .. .... ',.�` <br /> " • � ' . _'. '. . .... ........ <br /> .. k:l..n..:_ -___'-__.'.'.......'_._'._'_... . ... � � � <br /> _.. ... .-.. ' ,r. <br /> g�_ i��;��� . <br /> 5. Hn�.��rd or i'r�►perty IliSliiilitCC. Hurru�:�cr +hall kcep thc improv�nicnts n��w rri�ting ur h�:rca(tcr crcctcd on [hc <br /> Praperty intiureJ a�,uinst lo,y hy fire. hui,ird+ included within the tcrm "ext�nJed cuveruge" and airy uther hura►rds. including <br /> flo�ids ur Ilonding. liu whidi I.endcr rcywrc�in+urancc. "1'hi,in+urancc tihnll hc maintuincd in thc:imountti und for thc periods •4 <br /> that l.cndcr r�yuirc,. Thc in,uranrc carricr pl'uviaiing dtc illyur�InCC shall hC chn+�n hy Hurru�vcr ,uhjcct to lAndcr'+upprirv,�l <br /> wl�ich sh,dl ni�t bc unrc.iaunably withh�IJ, If liorrowcr I,ulti tu muintuin cuve��ge:den�ribcd abu�c. Lcndcr map, at Lcndcr's <br /> •, ' '� �� optinn. ubtain cuvcragc to protcct Lendcr',ri�hts in thc Prnperty in accordancc�vith puragraph 7. <br /> ' All insurancc pulicic+�uid rencwals shull hc ucccptublc to Lcndcr and shill includc a tiUmdard mortgugc cluusc. Lcndcr <br /> ��,"y,' shall havc the right to hold ihc p��licics und rencwals. If Lcndcr rcquirc+. Borroo•cr shall pramptly givc w Lender ull rcccipts of , <br /> •- paid prcmiums und rencwal noticcs. In thc cvcnt of lo,s, Borrower shall give prompt nutice to thc insurancc curricr und l.ender. <br /> Lendcr may makc prouf of loss if not madc promptly by Borrowcr. �-� <br /> � Unlcss Lender and Borrower otherwise agree in writing, insurance prucecrl} �hall he applicd to restoration ur repair of the <br /> �� Property damagcd, if thc�cstoration ur repuir is economically fcasible and Lc��ider'�+ecurity is nat Icsscncd. If thc restorution or <br /> repnir is not ecc�nomicully feasible or Lender's security would be lessened, the insurance procu�ds shall be applied to the sums <br /> secured by this Sewrity Instrument, whcther or not then due, with any exccss paid to Borrower. If Borrower abandons the �•:- <br /> Property,or does not unswer within 30 duys n notice from Lender that the insurance carrier hus offered ta setde a claim, then !�, <br /> - Lender may collcct the insurance proceeds. I.ender may use the proceeds to repair or restore the Praperty or to pay sums � - <br /> �� - .. .- secured by this Security Insiniment,whether or not then due. The 30-day periodwill begin when the notice is given. ___. <br /> Unlcss Lender and Borrower othenvisc ngree in writing, any application of proceeds to principal shall not extend or =_ <br /> postpone the duc date of the monthly paymcnts referred to in paragraphs 1 and 2 or change tlie a�nuunt of thc payments. If <br /> �_;:, <br /> e under paragraph 21 the Propeny is acquireci by Lender, Borrower's right to any insurance policies and proceeds resulting from ��r-�- <br /> � ' � ' damage to the Property prior to the acquisition shall pass to Lender to the extem of the sums secured by this Securiry Instrument 1;,�` <br /> � � immediately prior to the acquisition. ��� <br /> . , ? 6. Occupancy,Preservation. 141aintenance�nd Protection of the Properly; Borro�ver's LoAn Application; I.easeholds. � <br /> _, ,�; Borrawer shall occupy,establish,and use the P�operty as Bonower's principal residenee within sixty days after the execution of _ <br /> � this Security Instrument und shall continue to occupy the Praperty as Borrower's principal residence for nt least one year after � <br /> - `� the date of occupancy, unless Lender otherwise agrees in writing, which cons��nt shall not be unreasonably withheld. or unless <br /> � '�'' extenuating circumstances eYist which are beyand Borrower's control. 1Borrower shall not destroy, damage or impair the <br />• • . � Pr��+eny: ntlow the Propeny to detcriorate, or commit waste on the Property. Bonower shaU be in default if any forfeiture <br />_' �' �` action or proceedi�g, whether civil or criminal, is begun that in Lender's good faith judgment coutd result in forfeiture oi che <br /> :-��•�•- , r:, Property or otherwise matcrially impair the lien created by this Security Instrument or L.ender's security interest. Borrower may <br /> ,;"::�;���.,•.� s• cure such a default and reinstate,as provided in paragraph 18,by causing the action or proceeding to be dismissed with a ruling <br />:.;Kt�y�+;s � thnt, in Lender's good faith determination, precludes forfeiture of the Bono�ver's interest in the Property or other materinl <br /> :l'��j�';r,��; r. <br />_,.�..,,, ,�;,, ;.; impairment of the lien created by this Security Instrument or Lender's securiry interest. Borrower shall alsa be in default if <br /> ._.af t�:� � Borrower,during the loan application process,gave muterially fatse or inacceirale information or statements to Lender(or failed <br />`��--,�-.�,� <br /> �.q�•�,,.`�,� to provide Lender with any material infonnation) in connection with the loan evidenced by the Note, including,but not limited <br /> : `°'�'�7&�, to, representations concerning Bonower's occupancy of the Property us a principal residence. If this Security Instrument is on a <br /> ,�'%_� leasehold, Borrower shall comply with ull the provisions of the lease. If Borrower acquires fee title to the Property, the <br /> "`_.���:i.�i' leaschold and the fce tide shall not merge unless Lender agrees to thc merger in writing. <br /> :��,—,ro.fl�• <br /> --- -.,���� 7.Protection of Lender's Rights in Ehe PropeMy. If Borrower fails to perform the covenants and agreements cantained in <br /> _-_`r,1�' this Securiry Instrument, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a <br /> -•--- proceeding in bankruptcy,prabate, for condemnation or forfeiture or to enforce laws or regulations), then I.ender may do and <br /> __�___—= pay for whatever is necessary to protect the value of the Property and l.ender's rights in the Property. Lender's actions may <br /> — include paying any sums secured by a lien which has priority over this Security Instrument, nppearing in court, paying <br /> ---- reasonublc attorneys'fees and entering on the Property to make repairs. .Althaugh Lender may take action under this paragruph <br /> _,�:;._:�,:�.,, �- <br /> _____-`_�--� 7, L.ender does not have ta do so. <br /> ;`�?��' Any amounts disbursed by Lender under this paragraph 7 shall became additional debt of Burrower secured by this <br /> _=-__= Security Instrument. Unlcss Borrower and Lender agree ro other terms of payment, these amounts shall bear interest from the <br /> date of disbursement at the Note rate and shall be payable, with interest. upon noticc from I.ender to Borrower requesting _ <br /> -=R=�n%= payment. <br /> -=___:;� S.Mortgage Insurante.If Lender required mortgage insurance as a condition of making the loan secured by this Securitg+ <br /> ��� <br /> ---r�T instrument, Borrower shall pay the premiums requircd to maintain the m!�ngage insurance in effect. If, for uny reason, t e <br />--'����,, mortgage insuranee coverage required by L.ender lapses or ceases to be in effect, Borrower shall pay the premiums required to <br /> - '_"'',,,7r obtain coverage substantially equivalent to the mortgage insurance previously in effect,at a cost substantially equivalent to the __ <br /> "�' �`' ''���` cost to Borrower of the mortgage insurance previously in effect, from an ahemate mort�age insurer approved by Lender. If — <br /> :' ?�: '`��;;,• ,, substantially equivalent mort�age insurance coveragc is not available, Borrawer shall pay to L.ender each month a sum eyual to _; <br /> one-twelfth of the yearly mortgage insurance premium being paid by Bonower when the insurance coverage lapsat or ceased to :F;.- <br />` -" be in effcct. L.cnder will accept,usc and retain these paymcnts as a loss rese�ve in lieu of mortgage insurance. [.oss reserve � <br /> �;,,, Form 3028 9l90 �!.��' <br /> . . . .. . Papo 3 ef 0 �_. <br /> .- . -- �J. <br /> . ,�---------�����3r.- . -.:a;r�„� . . .. .. . �� . � ,yr .. .. ,� .. <br /> . .. .. . ' - ,. � �.. .� . . <br /> � " " � , <br /> • � ,f '+�•• = '�,�� . <br /> . . ' .. .rN'i��'�. d . _ . . .. . .. <br /> . . . - �� � ��.-t� '��.vf r.t. <br /> . .• , . � .• � _ __ ... . �_._. -.._. <br />