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<br /> • S.H�s�rd or�rope�q Insur�rnce. Dorrowcr shall kcep thc improvcmcnts n�w cx� g or cr r cc on thc Propeny
<br /> insurcd ngulnst lass by fuc, hmards includcd within �hc tcim "cxtcndcd covcrugc" und any othcr ha�ards, including[loods or
<br /> tlooding,for which L�tdcr rcquires insurenco.7riis insutnnca shall 6c tuain�ained in 1t►c amounts artd for thc periods that Lender
<br /> rcquirc�.71io insuronca cturicr pmviding thc insuranco shall bc chascn by Bonowcr subjcct to I.cndcPs approval which shall not
<br /> ' bc untcasonably withhcld. If Bo:rowcr [ails to maln4un cavcragc dcscribcd ubovc, Lcndcr may,at I.endcr's aption, obtain
<br /> .�. covcragc ta protcct L.cndcr's right�in tho Yropc►ty in occordancc witD�paregraph 7. .
<br /> Ap insuranco policics and reit�e+w�ls sb�ll bc acccpu►blc to Lcndcr end shall include u standard mostg,a{;c cL�u,sc.l.endcr shall
<br /> havc iho right to hold tho polkies und rencwals. [f Lcndcr roquires,Darrowcr shall promptly givc to i..endcr aU rcxeipts of paid
<br /> ' prcmiums and renowal nodccs.ln tho cvcnt of loss,Borrowcr shall givc pro►npt nopcu to ihc insurancc cnmer nnd 1-cndcr,I.endcr • __.;.L,,;
<br /> may makc proof of lass if not ma�la prompUy by Borrowcr. I ,�'�g F,
<br /> ilnless I.cnder And Bo�s�ower otheawisc agrce in wdting. insurance Procoeds shall bc applied to restoration or repair of�he ;•,-1--
<br /> pro�eity dnrnagcd,if�he resmrntinn or rcpair is oconomically fea�ble snd Lcndr,r's security is not lcsse n r,/d. If the restoration or ���`;_-
<br /> �epair is not ex,onomically fea5ibk�or l.ender's security would be lessened.the insurar►ce proccx�ds shstll b�aPpUed�°�he sums :�:;-__
<br /> secured by thiv Security lnsuum�e+�t, whether or not U�en due.with any oxcess paid w Borrower. If Bore�wer abandons tha _:.y��
<br /> 1�.�,ny, o:dae,y no�answea within 3Q days a noticc from l.cnder ihat t1►c insunu►ce carriei has offered co setile a claim, thcn , q_T.
<br /> • Lcnder may collect tho insuranoe Proceeds.Lcnder may usc tt�e procoods to repair or restorc 1hc Praperty or co pay sums so�uraf ,
<br /> ' �, by thi�Securiry InStrument,whcfhrs or not Ihen due.'[t�e 3Qday period will be8in when the notice is given. ��•���:?-
<br /> Unloss Irendcr and Borcow�es othsm�ise ugroe u►writin8,anY aPPlication of prooards to principal shall not ea�tend or postpone ��:��n��^
<br /> � tho due daUs of Utc monthly paym�ts ca�errod to in pacagrxpl�s 1 and 2 a change the amount of the payments.If under paragraph �.::�,�.:.
<br /> �, 21 tha Prvperty is acciuimd by Lendrr, Aorrawer's right w any insurance policies and proceeds resulting frum damage to the • v�„�,:
<br /> �Y P�to the acquisition slmU p�ss w i.ender w the cater�t ot the sums�ocurtd by�his Security Inswment immedjately
<br /> •�? prior to ihu acqulsition. +:,"��
<br /> 6.Occupancy.W�eservation�Qfnintenance and Protectioo of the Propertyi Borrower's I.oaa Applkationp I.easei�lds• �`A_=�
<br /> ' Bori+ower shnll oocupy.establlsh. and use the Pco�ertY as Borrower's principal msidence within suty days eft�er the ea�ecution of _-
<br /> . �. ihis Seciu+cy Insuum�t and shpil onndnue u�oocupy the Propeny ag Barrower's priacipal residence for at Ieast one year afur 1he =
<br /> 's�te af ��� �nr;, nn4�cc Lend�otherwiSC afi� in writing, whiCh oonsCnt shall not bC unreasonably withhCLd.ot w[tkss
<br /> �� ext�nuuting cin;umstances ealst whlc2i are beyond Burrower's oontroL Bomnwer shall not destroy.dama8e or impair iiwc nvNu�r.
<br /> ',,. � �w �hQ propecty to deu�iorato.ar commit waste a► the Propeiry. Barower shall be in default if any fodeidue action or
<br /> ,�;,;,` pm000d�ig,whether civil os aimin�l,is begun tl�at in I.endci�s g�od faith Judgment oould result in forfeiture of�he Property or
<br /> � ' othccwis�e mateci�llY imPair tho liai cmated by�his Security L1st�i�ment or Lender s scx.�irity i�terest.Bortower may cure such a
<br /> cksfauIt and reinswte� as provido3 in paragraph 18.by causing ttze action or pn�ceeding to be dismi.csad w7th a ruling that,in -
<br /> I.endcr's good faith determir►�ilon,precludes forfeiwre of the So�'ower's interest in thc PropeitY ar oct�er raaaterial impaument o.
<br /> � the lien creat�d by this Socuriry Inmument or l.ender's security inunst Barower st�all also be in default if Bomower�during the
<br /> k�an a�,Plictuion process,Bave m�tIIiaUy faLse or u�aocntate in6oQanation or stattmsnts to Lender(or failed to provide I�endes wit�a
<br /> any matecial infom�ation) in onr�nncdon with ihe loan evidencod by th�s Note, including, but not limited w. reprr.sentaUOns
<br /> ��.`: , oonce�ning Borrowrr's oocupmcy of the Property as a principal residence.If this Security Instivment is an a leas�lwld,Bormwu --
<br />',, +.;�;�,.: shnll comply wilh all the ptavi.�ions of the lease.IF�arower acqaiires fee tiile so thc Prope�ty.the leaset�ofEl and thc fee dtle shall
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<br /> .,. noi arcrgc unless Lender�to t he rt�erga in wri ti ng.
<br />-�°`""'�'`::;,'"` 7.Protection of I.ende�'s f8t�hts in the Property. If Barowa failv to perfocrn Ihe covenants and a�eemeats coatained in
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<br /> -. •�.i�r. this Sec�sriry Instrurt►ent,or dituu is a IeB�P��B that ma� significanily affect L.ender's rights in the Pc�pe�ty(such u a
<br /> :' ' ��g��ptcy.Prabst�,for condemnation a fafeitwa or co enforce laws or re�lations).then Lender rmay do and pay __
<br />;:T;.,,, ._: fa ahatever is ncx�.vsery w Pmtxt the valur.of the Pcoperty a�ed Lender's ri,�hts in the Propercy.Lender's action�may�inc� �
<br />- ...... paying any sums secn�rod by a lien which has prnoriry over th�s Sec:urity Ynstrument, ePP��B in oourt,PaY 8 - -
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<br /> -��c'.::^= .. au�rney�'fas and entaing on t��e l�ro no muke re Al¢twugh L.cnder ma take acaon under this paragrap _
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<br /> �`.���:., dass noct d�avc to do so. _
<br /> "'' Any amounts disbur�by L.erde�under this paragraph 7 shall become addidonal debt of Botrower scxured by this Security _
<br />_ '� . Instr�men4 Untess BorroLV�r and Lender agree�o o�her teims of pnyment, these amounts shall bear interest from thc date of —
<br />-�y='t•f... disbursement at the Noto rnyo and shaU be payablc,with interest,upon noticce from Lender to Bo�rnwet requ�tin8 PaY�� —
<br /> � ' � 8.l11�ortgage Ies�no�. If Lender reyuired mon�age insuranoa as a oondition of making the loan secu�d by this Security ----
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<br />- Instr�urn�nt, Barower sh�91 pay the prccniums requirc� to main4ain the mortgage ir+surance in effec�If. for any r�-�son,the _ -----
<br /> � mo�ctgage insucdnce cavaagd n:quired by I.ender Llpses or ceases co be in effoct,Boaawer shall pay the premiums r�guired to �_�-yA_.-.
<br /> � obmin cove�age substanti�ly equivaknt to t!►e mortgage ins�uanee previously in effect,at a cost substantially equivalem to the •-,.��-�
<br /> � + cost to Botrower of tht m�age insurance previously in effeat,from an �il�eaaate m9rtgage insurer approvcxl by I.ender. If �,_..7,
<br /> . . yvb�tantially equivalent mart���i�swance coverage is not availsible. Bopmwer shru�l pay to Lcnder each month a sum oqual to `.,;:';:.:,
<br /> one-twelftt�of the yearly man�ss isisuca�►ce pm,�nium being paid by Boaowa when the iosurance coverage lapsed or oeased to
<br /> , . ba in cffect. Lcnder will c�rxep�use and retain these paymcnt� as a loss mscrve in li�of�o�tgage insurance. Loss reserve , ,,. ,
<br /> Form 302a 1190
<br /> �•6R(NE)te2�2�.0� r■p.ao�e mmu�: i .,
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