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<br /> 5. Hu�Ytit or Propttly lm��ronce. Qorrowa s6a11 kap tho Improvcmcros now ezistlng or herexRer eratrA on tho .
<br /> Propeny insurni ugnlns�loss by firc,hararris induAal althin tho Icrm 'extcndul covemgc'and any ahcr hazuds, including
<br /> - IlMxls or(loodinr,facwLld�I.cndcr rcqulrcs insmm�co,T6ix inanranw:shnll bo nw�inlnircd In�hc ama�ms aM fat U�o pcdutls __.
<br /> � �hu I.endcr rcyuires. Tho Inu�mnro ranicr providing tho �nsnnnce shatl l+c choscn by 13nrrm�•cr su6JcN m LcrvkPs approvnl
<br /> xfiicb sLatl not bc unrcasonaAly wi�hhcld. If lbm�x•cr fnils m maim:�n mvcrngc descdHai nbovc, Lendcr nuy, n� I.cndcPs
<br /> op�inn,ob�ain rnvcrge to protcct I.cMcr's dghu in thc Pmpeny In acconlancc wi�h pangmph 7.
<br /> All insurantx{alicia and rcnewats shill bo aacpaUte lo Le�der ond shall includo n smndnrd nrongage clnuu. Lendtt
<br /> shnll havo Iha dght to hold Uia�Iicics nnd rsnewals.If Lcndcr ttv�ai�u,Uormrvcr shnll promplly givo to Lc�Wcr all rcaip�s of
<br /> — — paid prcmlums and renc�vnl no�iccs.In ihc c�•rn�ot loss,Uorcmver shnll give pmmp�no�iw m the insum'rcc carricr anA I.endcr. °
<br /> ._ I.endcr may mnko proof o(loss if not mado promplly by Dnrcowcr.
<br />--------- Unlus I.endcr and Dorrou��r othcnvlu agrcc In wriifug,Insurnn�v pnxtais shall bc npptiai�u ras��ru�Iun or rtpair of�hu - -
<br /> Pto�.eny damaged.If ihe resiomtton or repair is annomlcaily fa�si6te and I.ender's secudty is not Icssened.If�6e resmmtlon or
<br /> repair[s na emnomtcnity kasibte or Lendels sewriiy woutd be Iexsened,the insunnce procecds s6a11 bo applied a tlie suau
<br />- = socur�Ey thls Sen�rily instnim:nt, xi;ettxr or sot ttwn dua,wiUt any exeess pa:d to Borron•cr. If 13orrou•cr abordo�is tf:a
<br /> -- P�o{aeny,or does no�answtr wi�ht�30 days�na[ce Crom l.ereder that rhe insurusec earrier has offer�d w settte a ctaim,rlun -
<br /> � IRtr,t�r may mltect the insu[anoe promtrts. l.cndcr may usc�he prm�fs to mpair or restorc t7ec Frop:rty or to pay sums
<br /> sttand by ihis Security Instrum�:m,�rhethcr or not then d¢e.'it�z 30-ctay pcdod�rill begin whcn thx noticY is girea.
<br /> -_ Unicss Lcnder ar.d lkrros�cr o�henvise agr�t in �vriting, any applicatian of proatds to prirsipal shall not extcixl or
<br /> — poupon�ths Aue date of @:a monihly paynxnts rckrnd to in pangrsphs 1 ,nd 2 or etungc Ihc anwunt of tht payn�eNS. If _
<br />__ _ urvler yluag�aph 21 the Prepeny is acqn(rcd by Lender.IIorro}.cr s dgM to any insuranR policics and procads rcsulting from
<br /> -•-�� dam�r,to tAe Property prior tn�tre acquisition sha�l pus to Lrnder w�he exlem of ihe sums ucund by this S�rurity fmwment -
<br /> � immedi;nclypNorentheacqidsi�ion.
<br /> � - 6.(kn�panry,[^reservnlion,llJqlntenaixc anJ Prolection oT Ihc Proprrty;9orrowcr's l.oan laGp'.icatlon;Lrnschnids. � �
<br />��?"-._'�'� Ik+rroc+er shall occupy.esiablish,and uce�he Propehy ac Rorrm��er's principal residence wi�hin sixry dnys after iFrexacution of ;`�"
<br />--�— this Sa�nrfty Insdumcm anA ste.�ll wminue to accupy�he Prupeny as 6onower's princip�a!restdence Por at Icas�or.e year utter �".-''
<br />''-� �he dato of occupancy, nnless itiroler mhenvise agrces In�vriting, whkh mncent shall �rot tK anreuonably wl�h7:f0.ar unless `"`
<br />`""° ex�enua�ing circums�anms esi� whlch nrc beyonJ Oorcower's comrol. Borrower shalt �wi drs�my.Jamage nr f<npair the �'�
<br />-�=?f"s;� Property, ellow tim Prop.riy m dc�cdora�e. or mmmil wasle on Ihe Pn�ny. porrower xhall Lt iu dzfaul� if any forfelmro :�".
<br /> �tij��v actlon ar praceding, ���F.nher civfl or cdnilnal, is bcgun Uia�(n LenJer's g��d faiih juAgncent cnuld ruull in forfeflurc of Ihc � -'
<br /> ��,�y Proprrty or o�he�vise matertall��impaG the Iien created by dds Security Ins�mment or ten�er's sccurity imera�.13orrox•er n�ay �` �
<br /> ;ryY;, eum xsh n defeuh nnd reiac�a�s,u provided in paragraph I8,by caus6ig�he ac�fon or pn.eeeding to be dismissed with o n�ting --
<br /> sy=���� �hc4 (n i.cMcrk g�wd faUfs Z7e.�rmina�ion, pnrludcs forfefturc of Ihc flarowar's in��csf In �hc Propcny or mlmr matcrial �.-���
<br /> � �ir.� Impaimient of th {ien crenlxd by�his Securi�y Insirmnent or Lender's ze.urily inrcrs^. Dnrrou•er xi�ll elso be in defauit if v :-:
<br /> - Dorrox•er,during th�loan a,�,�lic,�ton process,gave macedally falu or fnaaumtu InPnrmau,n or s�x.ert�:n�a�o Iweier(or failed r:�:
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<br /> „�� to proriAe I.ender with aqy nxe�crial Inform.^.�ion)In connec�ion wiih�he loan evidencrd 6} tht Nnte,inciudiag,bat r.ot lintlled
<br /> L�c�'seJ� Ia,rc,�xstr.IOilons concemSng Da:mwer's acupancy of�he EY.+�erty os n princfpal resrtrn:.. )f�hisSeceri:y Ins�mmem Is on a �`�-�.
<br />-�s:iv.4,.(tj, Iea.chd�A, Oprrnx�er <hall cnnn;} wf�h all �he pmvixlon. 01 �h.t icn.:e. If Qarrower acqufrcs fet ti�l. tn �he Properiy, the L�,-,-
<br /> :�%-�s(�,f leas�'hoid nrA�is;t�r tiile shall r.rx nxrge unles>l.ender agretc in a:�:a:eri,�c in wriiing. k-
<br />--'-==�r�?f'! 7.i'raleCtian+it Lender's Alg6ts In Ihe f'ra�xrly.I((3orm�cer Poiix io perPomi�hc covenams ar.il agrecmen�s comnincel in
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<br />�_��-;;;v;;; thli-Sx.�:�itr Insumncn6 or�her:is a Iegnl procttding�hat rt.ny xignifimndy affat Lendcr's dgh�s in�hc Propeny(such tis a s "-
<br /> "r:a�se [_`�.
<br />;e�.�u�� prcketting In bankrup�cy,prol�x�e, fer rnndemnatlon or foRCitucr nr m enforee laws or regula�lonc), �hen Lender may do and !_,..
<br /> �q y� pv� fnc whaicvcr Is nacssnry In Sro�ta �hc valuc of thc Froprny nnd Lcnder's righ�s in thc Propcny. Lcndcr's aaions may '�
<br /> „ �' includa paying any sun� sauraA Ay a licn which has prinri�y ovcr ihis Sccuriiy Instrumcm, appearing in couri, paying
<br /> 1��� rcuonable m�amcys'fees m�d en:tring on�ht Propeny to nuke repain.Although LenJer may�ake ac�ion under�his paregraph
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<br /> , 7,Lcr.dcr docs not have to da sn. ,,;
<br />=:�:v;'�� Any .mounts disbursed b}� i.znder under this par,�rph 7 shall become addi!to�al debt of�o�rower seaved by this `-='
<br /> �.,, -!?� Secuei�y Inswmem. Uidess Dm.ro�eer xnd Lender agree to c::nrr terms nf paymen4 i[rcs.amuums shall lx.�t imerc.v!rom �he � -
<br /> '^,� Jatc of disbursement at the No�e rate anJ shall be payuh)c. wi�h iMere�:, upon noti:r from Lencler to Omrower rcques6ng t` _�
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<br /> tF7�.� F, tlfotlgngc insumnce.It Lendcr rcquind mungage insuranm as a mndi�ion of m�king�hc loan securcd by�his Sccurity t _:
<br />_;.,�:� In:4rumem. Dorrm�cr shall pac :fi; prcmiwns rcquGad Ia maimain Ihc mongapt ia.�«axc in effttt. If, for any reason, the -
<br /> _ +?,;:. nnug.:,e inscmnce rovcrage nyi�ircd by Lender lapus or ceases m be in c(Rn, tla:rn•ner shall pay tlie premiunu requircd to -
<br /> ��w_�d, ob7nir.coveng:subs�amially equivalem m thr mangagc inxumncc prcrim:d� in c(fcrL at a cosl wbs��mially cquiralem to the ' -
<br />��r,rp}'/� rns� to 90::o«�rr.,i�he mongagc incma:ar rrcviously in cffcct, fmm�s ahamm. nmtlgagc inn�rc< ;pproved by Lcndcr. If s'-'��'.
<br />"=,`•�oCS;a su�stxn:inih aqui��alem mongage imu::�occ m•eragc i�noi ;rcailablc. Qormucr.hall rrr ro I.endc�rach month a sum equal to ��1'=".
<br /> .;a•7 oin��v.eif:h of�F.e y�eariy mongag.insuwr.m premium being paid by Borm�rer�rhrn ih:in.urance cuveregc lapsed or ce:ud lo �"'.�
<br />�.;:i.;-.i� L+.�a;ien.LerArr��•ill accep�,c>r anJ rc�ain these payment.a. a loss rcscrce in lieu af mongaFr inwranee. luss resen'e s;;,-.
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