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<br /> 5. 31�Mn! or Pro�xrty Innirana. ilorrowtr shail kap�ho improvenxms now cxlsiing or herwfter crttted on �he
<br /> Prop:ny Insurrd agaliut Inss hy liro, harntds lncindal wi�hin ihe t<mi 'extcnAcd avengo'and any other ha7nrds, Includfng _ __
<br /> IloaJs oi OoaJtag,(or wLidi I.ender raryfrrs Insmm�co.This insursnce shnll be mrJr�aincd In�ho nmoums ancl for the periods -----
<br /> �hnt l.uidcr tcqnircs.Ti�o Insn�ina cnrdcr pmviding�ho imnrnncc xhall l�o choscn by Borrowcr su6jcc�m l.cndcr's nppn,val �--__�_
<br /> wldcL shnll nol 6a umeawnably wi�hheld. if Ilormieer fails tm m�iNnin coverago ducrilxd nlwve, LenACr may, m I.ender's �¢`- .
<br /> opllon,o6tnin wvat�ge to proiat I.ender's dphts in�ho Property in accorAnnce nUh p�mgnph T. �,a_
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<br /> All insmm�ce pollcies ancl ruiewais shali Ue aeceptable to Lender nnd shali iaclado n stnndanl mo��gage ctause• Le�tcr .+
<br />- shall 6nvc IhC dglN to holA the policics and rcnew,�ls.If[.endcr rcquires.Rnrro�ecr shall promptly give lo[.e❑der alt rmipn of �"i"i� ti -
<br /> paid premiums nnd ranewal nolicts.Tn Uie evenl of loss,Iforcox'er shall g{vo prouipt r.ottce�o�Re iasurance camer az:d t�er.der. �rl�t�,.--.
<br /> I.ci�dcr may mako proof ot loss if not mndc promp�ly by 8orcnwer. �;
<br /> Unlcss I.emler aad Iiarrowcr othcm9u agrcc In�vriUng,fnsurunce procecds shzll he x¢pti�ro eeuor.xion or rep�is of cAe �
<br /> Propeny dan�.aged,If tho reslonllon or rr{air is oconomically fcasible�ancl t.ender's sacurit•i+sr:c Uss:md.BFtr h�toscr.i��.�r j'""�'O� -
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<br /> repafr is not tconomicnity fa�sibio or I.erdePs securi�y would be IesssncA.ttie invi�aace pronYds sk1'�E G:at^�ir.i ra aSe �um: ���,,{�'n.,}`�?£-�'p ��::
<br /> smurd by this �mriry fnstninum. wl•raher or no� then dua. with any excccc prd m I3onower. If lhxrmier oSanAOnc tht �}��� T �
<br /> Properly,or does not answer wilhin 3D dnys n notico troro Lender ihn�the insn�ance carder has offered ro seids a clr.im, ihrn r ��y
<br /> Lendcr may coltce� tho Insumnce proccods. Lender mny use �Lc pr«eccls m repair or reslorc�he Propeny or to P�Y ��"'« �t��uZ� ,-�
<br /> secund by thix Setudty ttutrumen6 whUher or nol then duo.The 30.Aay period wiii ngin when�he notice is given. �Y��
<br /> Un)eac l.ender nr.d Oorrower othenvise agrce in writing, any npplication of proccods to princlpnl shall not extend or � .
<br /> poxtpoM the due daie of�he mon161y paymems refenul m In parographs 1 nnd 2 or change tho nmonnt of�he payments. If � ��
<br /> � urder.parngmph 21 the Propetty Is ncquired-hy LcnJer,IIorrnwer's rig6t to nny insurance polleles nnd pmcetds resul�fng from lr�i.¢'
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<br /> clndugi to c6e P+o�ny prior io Ihe ncqnisi�ian shall�nss in Isn:Ier�o ihe extent nf ihe sums secnral6y dils Securily Insuument __ �`._tn_.___
<br />. im�lud�at.ly g:'e.v�o the acqulsiAon. :;r .
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<br /> L Oc�epaa.p,srescrvnfion,hfnintennnce nnd Yrotttlim�otihe Propeny;Oarrox�cr's IAnn Appllwi�ton;Leasefiolds. �;��� �
<br /> Dottoacr shnil cxcapy�.cstablish,and use ihe Properry as IbrrowePs principnl residence a•i�hin sixty days nfter Ihe execullon of �t�J�;_F:,-_
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<br /> this Secu.n��tnsmm�rnt nnd slmll cominae in accupy the Pro�x.ny ns�ottower's principal rcatdtnce for nt Ic�st one year nftar : ,._s��, ,__
<br /> lhe dr.te vi xa�p�ncy,unlrss Lender mhenvise ngrees in writing. �ehich consem shall nm bo mircacana6iy�vi�hhelA,or unl.ss ��%r=;,4Ysr:;�_•
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<br /> ox�emia�ing :ircunutanees exisl which aro Iwyond Dorrowet's comrol. Bono�vtr s6a11 not datroy, damage nr impair �he .�;�,;:r..::.r.=_.
<br /> Propeiqr,nfiaa"thF BRopehy to dc�edor��e, or cmnmit waste on �he Propeny. Uo�rower s6a11 6c In defnnit if nny(or(ciwrc �;r.,,
<br /> n.cllon or q:aet�irg.���he�her civll or criminnl, is 6egun that in LcnAcr's goai fai�hJudgnxnt muld rtsuh in forfciwrc of the ��YJ}� -;.=
<br /> Pttyeny o�ahr.iu�is:nt�tcrially Imp�ir the Ilen cre��ted 6y�his Secudly Instrumenl or Lender's stavd�y tnterest.Rorrmeer nmy �.ql:'1���..^.PZ�_:-..
<br /> eum sxch n drinteF,za1 r,fnsla�o,as provided In pnmgraph I8,hy cnustng Iht nUionor ptoeceding to At dismisscd wiih o ruling `�?y���t� :
<br /> - �Yn;, ir L.r,���'s a.�.M ..�,Ah dc.crmi::atton, pn:�t.des (erkfture er�he 4nrrnw�rr's imerc.n in the pm��erry or odier mn�crial .jN.xeft, �.-
<br /> im airment of tho lica creatal b thiR Secudl Ins�mment or Lerder's xecuri�• iracrest. Uorrower shnl!afso be in defauh if xv:�y,s•,;,;;,�
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<br /> Rorrower,during the lo�n applica�lon process,gavo matcdaily fnlse or Innccurtne infomtnUon or amtemeNS to Lcnder(or fniled ."���y -
<br /> �o pmrtdo Lender�vith nny motedal Infomiatim�)in eonncaion with tho loan evidenced by�ho No�o,Including,6ut nol limiled t},�i1f�� -
<br /> to,rcprexemailons mnceming fiottower's occupancy of�he Property�s n principnl rtsidence.If�hfs Secudty Insimmen�Is on n ��✓in�,.:<.�-.
<br />- Iwsehold, Oorro���cr shall eomply �ci�h all dm provlsions of ihe Icnse. If Dnrmnrr n uires feo tl�le to the Propeny. �ho �'�=�^=a"--
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<br /> Icaxhold nnd thc(cc thlc shall no�mergc unlcss I.endcr egmes ta�hc mcrgcr in wdiing. ��p;3$r';.._.
<br /> 7.1'rofalion of i.ender's Rlghts in the Property.It 6nrmwa lnile ro perfomuhe cm•enants nnd a recments mmaincJ in `°'���"``��:��
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<br /> �his Secudty Inswment,or�herc is n Iegal procecding thai m:ry signfflcamly a(fec�Lender's dghis in�he Propeny(such as a er.',•��j.,�.•,{y
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<br /> praccdfng In bankmptcy,probatc, for condc�uw�lon nr fodciwrc or to cnfarcu laws ur regulatlonsL d�cn Lcnder may du ond ti�_�.;S,..fst�,,:-
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<br />= psy for wha�ever Is necessary�o prota�ihe vuluc uf�6e Pro�xny und Lender's righ�s in ihe Propeny. I.cnder's ac�lons may �i�:4VZ�'��� "`:
<br /> include paying nny smns securtd by o lien whfch hns prinrity uver thls Securi�y Instmmem, nppearing in mun, paying �d;i.5, V,?::—
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<br />= reasonable miomcys' fees and eNCring on�he Propeny�o make npafn. Mthough I.ender may�ako nc�lon under this pvugmph y�.,,��_,},._t_,,
<br /> 7.Lea3cr docs nm havc�a do so. i''�;��S`t� .
<br /> Any amouns dis6ursed by LenJer under �his parngnph 7 shnll becnme aJdi�ionnl deb� af Ilortm�•er secuRd by ihis �,rlr ,;M1 ''_
<br />- Sceuriry lnamm:rtt. Unless Oorrowcr and Lcndcr agrtc�n other tcrms uf paymcnL ihcxc mnoums shall bav imcres�from thc S.A y, _
<br />_ datC of JisLurscnxra :r: tt,e Nolc rotc and shall bc payable. �vith imcresi. upnn nmicc fmin Lcndcr �o Qorrower r•qucsUng �ti��'L� , �-
<br />_ paynxnt. fnEgq t ,.,
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<br />= 8.Atotlgege insurenet. IY Lender rtquimt�a:ngage inxuranm as a mndiAnn of making the luan secured by�his Security �{T;v , -
<br /> Inswment. Dorro�rer xhall n tF.e umiunit nr�ired w maimain the mon a e insurnnee in effect. If. for en reasnn, �he P:1«c�%}�5�f1:`�,:�
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<br /> - moitgagc Insunnce co�tagt reqcire 1 6� Isndrr Ixp.es or mascs�o bc in effcctE IloRmvcr>hall pay�he premiums rcquired m <?±�+ -
<br />' ob�ain mvcra � su!�uan�iali e uiralem�o�hc mnn a e insuranir rceiausl in cffa�, m a cosi su6.tamiall e uivalem m�he �e.%-��;�?>.'�
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<br /> - msl lo Dorrmver ol�he mnngnge incuranm prcrianly in effecl. from an aherna:c mortgage insurer nppro��ed hy l.ender. If �c,;•%vr�.? -.
<br />- subsurttially ei uiralent ma� � r insuanR corera�e is not asnilnble. Oormwer s6�ll ia lo LenJer chh mnNh a sum equal lo �;,(:=�'�="''�'�"
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<br /> - one-h•rl(Ili nf Ihe)eady mm�gage msurance prcmium fking�,•,d hy Uurm��cr��I�an i6e m.�..t..r.e w�tragt lapxd or ttased lo nr� r�;1����-,.
<br /> = be in e(lic�. Lendrr��'ill.^.crep�. u.c:md rciain thn.pa�mcm+:n .i In.s rcsen�e in li.0 o( n:ort�xgr irourance. I.nts rc.erce t'���� .
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