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<br /> �� s�all PaY them on time directly tfl t4e geison awed payment Burmwer sball promptiy�omish to Lendrr aottoes
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<br /> '.. �� ' � . . .� of amounts to be paid aader this paragRaph. 1f Borcawei makes these paqments di�r,ctIy,Bonawer shall promptEy � ..,�. ti
<br /> � � fumLsh to Lender receIpts evidenwng the payments. - �' ,
<br /> � � Borrower sltall prompttp discbarge anY lien whicD Las piiorIty aver tfi�s Seauity Iasunment unles5 Bar�wer: (a) . . .<. :_._ ;�-:�:''
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<br /> • �: � �� agees in writing to tlze payatent of t�e obligdtion sera�red iry the Hen in a mamner aaoeptable to Lender;(b)oontests �`� : ..
<br /> _ '_�;�" -, Ia guod faith the IIeu by,or defeads against enfonement of tite Hen in,le�al Praoeedings which in the Lender's opinion _ • .
<br /> -._ :.�" opeiate ta prevent t�e enforcement oP the�Ien:or{cy s�fram the hal�er af che liea an agreement sat€s€actory '-r 4'z .•�c! '--
<br /> : to Lender subordinating thc lfen to t6is Secariry Insuumetu. If I�e�der determines that aay part of the Property is . •:t. r�•-.: .
<br /> • :- subject to a lien which may attain priodty aver this Security Isssuament,l.eader maY 8ive Bormwer a uotice identlfyIng - �. . <.`°. ' :
<br /> � ' � � the lIen. Bortower sLail sattsfy We lien or take one or morc of the act�ons set foith above witbin•10 days of the gtvang . - .
<br /> . •�` of noSce. J.l:: --
<br /> . � , . 5. Har�cd or P�ope�ty Insmaaae. Boaower svall kcep the improveffients now eststiag or hereatter ererted on . _ _-`;=
<br /> _ ' the Progeny Insured agaiast toss by fir�ba7ards inchided aithin the tetm°e�aended caverage°aud auy other hazards, > . `-=°'
<br />= '.s iacinding ttaods or flooding,for ahicD Lendsr reqaires insuranu� 3bis insarauoe shall be maiutatued In the amo�ts ..`<�',;'• ,�`,'_�.�.
<br /> �. . . • . aad for the perIods that Lender r�nires. �e insurance carrIer pmvidtng the insurance sha116e�nsen by Bormwer , -=--
<br /> ' ,' sot�je�t to Lender's appmval wl�Ch shall noa be uareasonably wIthhetd. If Bormwer fa�s w maintatn roverage - . , -_-_
<br />_ . descri6ed abov� Lead$r may,at Ti,.ender's aptton.obtain wverage to prot�t Icndei's rights ia the Property in �::,.�,,:,._-
<br />_ � . aocordanoe with paragraph 7. ��Fa;.:''_
<br /> : .. . . _ All iosuiance poliaes aad reaev�is shau be ac�cepta6le w Lender aad siiaall inciuds a standard mortg,�ge claase. .;:�;r�i�`", .
<br />: �. Lender shall have the rtght to hold the polIcIes aud renewals. If Lender reqoires,Borrowes shall promPUY S�� �
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<br /> _ . L�eader aU reaeipts of gaid premiuuos aad renewal rtotIccs. In the event of 1oss,Bonawer shall give prompt nottoe to ..`.�.,�.: ..��--
<br /> - ` the insurance carrier aad Leader. Leuder may make proof of Ioss if not made pmmptiJi�►Botrowes : �:```;°>.:---
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<br /> �� � Un�ss Lender sud Boaowerotherwtseagcee Inwttting,insorance proceeds s1�a11be appUed to reswration or repair '°�;: �
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<br /> �. � af the PropenY dama8ed.If t8e restoratton or repair Lc ecoaomicalty feasib2e and Leade�s sea�ritq is not lessened. • �:-:,.,�, ��:`:j-_
<br /> , � � '• If t6e resmratlon or repafr Is aot ecoaomicalty feas�Ie or Lender's secmity wontd bc lessened.the insnraace proaeeds '��': �-,�.�.i_
<br /> ;'��°.M.:4�s
<br /> � .' . shall be applted to the snms secared by th�s Sesurlry Insuutaeaz.whether or uot thea due.wIth aay e�ess paid to s_
<br /> .�,: :.. Horrower. If Boaower abaadons tbe Property,or do�s not answer within 30 days a not�oe fmm Lender Wai the �.,..:.J�.y �`'�-
<br /> .j. ��.
<br /> � insurauce canter 6as o�errd w senle a cFaim,then Leader maq�llect thc insuranoe prooeeds. L,cnder may ase the '° '.,�r�,_
<br /> : prooe�ds w repair or restare the Property os w paq snms secared hy Wis Securlty rn���whethea or not then du� :� ,�„y :
<br /> _ -;s The 30-dap perlad wU begtn when the notice is given '�•x��?._`
<br /> � : Untess Lender and Borrower othe�vvise agee ia wrltinp�aay appti�rian of prooeeds to prindpat shau not eatend � . � ��
<br /> � or ae the due date of the mon ents referred to in hs 1 and 2 or c�aa e ttte amonnt of the '��r
<br /> P� �l+P� P��P � , �.::�_�.,��.
<br /> ; � payments. IP under ParagraPh 21 chc Property is acqutred by Lender.Bom�wer's right to aay insntance poltdes and r� ;
<br /> . � - praceeds resWting from damage w t�e Property Prtor to the soquisitton sball pass to Lender to the estent of the sams r �":
<br /> � . , � sccured by thLs S�ariry Instru�uent im.med�atety prlor to the acqoisitIon. . ,:-'�``�=:
<br /> , .. '-;, G �aa�paac�r, Presesvatdon, Ma�nte�aaae and Pi+�te�a of the Piogerty; �ow�'� Loan tisation; . . . . �:>'�"�r
<br />� :. Leaseh�Ids. BonowershaUoccu P�Y P P i�y :.'r�. : '-��_
<br /> py,establlsb,and use the Pro as Boimwer's rIaci al re,sidence witb3l►s days .=':���='=
<br /> . � � after the executian of Wis Seauity Insuaaaent aad shall condnue to oocupy the Propeity as Borrower's prIacipal . . '"r�
<br /> ' resIdence for at least one year afte�the date of oaupancy,unless Lender otheiwfse agrees in wrltIng,which consent . � ,"�=*�<`
<br /> � shall noi be tinreasoaably witfihe2d,or unlesg eatenuating clrcumstan�es e�dst which are beyond Borrower's oonuoL ' . ;�r_.
<br /> � . Bortawer shall not destroy,damage or impair the Property,allow the Yroperty to Qetertorate,or wmmit waste on the , � � .
<br /> Property. Borrower shall be in defaolt if any forfeiture acKion or proceeding,whether chrit or criminal,is begun that ��
<br /> � � � in Lender's good faiW jadg�nent coald result in forfeItare of the Property or oWeiwlse matetlally impair tite lien '. � '�`�'
<br />- ' �± created by tlds Security Iustrument ot Lender's sec�rIty interest Borrower may cure such a default aud�reinstate,as � ` . °.'=
<br /> � ' � � provlded In paragraph 18,by caus9ng the action or praceeding to be dismissed with a ruling t6at,in I.endet's gaad faith ' . "�-';'
<br /> - , � . '1` detcrmination,precludes forteiture ot th6 Borrower's interest in the Property or other mat,erlal impairnient of the llen �__.--
<br /> . , � ' • created try thLg SecvrIty Inswment ar Lender's secartry interes� Borrower shaU atso be in defautt if Borrower,dudng . .. .. ..w�'_
<br /> � � :{ ttce Ioaa application process,gave materlalIy fatse or inacauate information or statements to Lender(or failed w ' .. . : . ' '
<br /> 1 provIde Lender arIth siry material intormatton)in oonnectioa with the loan evidenaea try We Note,incIuAlag,but aot
<br /> .� limited to�representations ooncemiag Bonawer's occupaacy of the Property as a priasipal residence. If tHLs Se�auIty ..
<br />. - � i Insuument is on a leasehoid,Borrower shall aomply altb all the provlsions oY the lease. tf Borrower aoqulres fee dfle � � �
<br /> ` � � 1 to the Property,the leasehold ana the fee dQe shaD not merge unless L.endes agrees to the merger in wridn�. . �
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