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<br /> . . 9?._.�,e��s� — ._ —_
<br /> • 5. 1G�r�rd or Propetiy Iiuurxnca, Dorrower shall kap thc Improvemcros now cxlsting or htrtallcr creciaf on the
<br /> � Ptopetly Insurt8 agalnst tou by flro.haraMs Includal wlthfn�he lomi'ex�en�S�d mveroge•and any aher hnar�f�, Includlnj
<br /> ftoods or(laoding,tor ufilch Lender ru�nlros Insumnco. Tlds Insumnco shnll be malntalned In ihe enwum+aat fnr tlw pedab ,.______:- -- - ----
<br /> ulet I.eMer rcqulru. 7Fe insuranw cnrrlcr provlding�ho (nsnrenco s6a11 Hc chos;n by Aorrowcr subJttv �o I.cndar'a uppronl �`�
<br /> whleh shill twt be unrtuonably wlthhcld. If 6orrower fnlls ro malntaln covemge deuribed alave. I.enJer may, m I.enJer's ----��
<br /> opNon,obtaln mvcroge to pro�cct I.cndcr's dghts In�ho Propcny in aaordancc wl�h pareBraph 7. __ --
<br /> All Insurance pollclu and ronmvals slmll bo ncccp�nhlo to Lcnder and shall Includc a s�andani nniipago clnusc. I.cndcr �'-+�4a���=-
<br /> shell ha�c tho rlght to holA thc rynllcics and roncwnls.lf F.cnder rcqulrc,Dortowcr shall promp�ly glvo io�.ondcr nll recclp�t af
<br /> pald prcmlums and rcnswal no�lces.In the event of loss,Qorro�ver shnll glve prompi noticc ro�he InRUrnro cnrricr�nd IAnder. �"""�'�-=______ .
<br /> Lander may mxke prootof loss If not nwd¢prornptly by t3ottowcr.
<br /> llnlus I.en�tr and Wirro�vcr o�hcnvlse egrec In w�ltlng,insurana prar...ds shall bc applled�o rcstomilnn or rc�wlr of�he =_ __-_ -
<br /> 3hontny da�naged,If the reatorellon or rc�.ilr Is ecnnom(eatly feaslblo and Lender's seeudly is nol Ieeunaf. If ihu ro�lnm�lon ot _--- -�-_ ___ _
<br /> icgsir is r.ot economtcalty feactble or LenJer's secnriry would be Iessenal,the Insuranee pnmeds shall lw npplled tn tho sums - --
<br /> secured by thls Secudly Instn�mcnt, whether or not then d�m, wl�h any exmss pa1J lo [iorrowcr. It 13orrowcr n6andons thc
<br /> Propercy,or does not r_as�ver wllhln 30 days a noiice from l.ender thm tho Insurnnw carder has otfered�o seulo n clalm.then —
<br /> I.ender m�y mllect the insumnce procceds. Lender mny use ihe procceds to repalr or rcsmrc�he Proparly n� to puy sums
<br /> saurcd by Ihis Suurity insuunxnt,whe�her or no��hen dne.The 30day perlod wlll begln when the no�lco is glven.
<br /> Unless Lender nnd Oortower olherwise agree in wriiins, nny appllcation of procecds ro pdncipal shall nrn ezteM ur =__
<br /> poupone�he duc date of�he momhly paymen�s refertul to in paragrephs I nnd 2 or changc�ho amnunt of�he payn�;ms. 1! — _
<br /> under paragraph 21 �he Property Is acqulred by Lendcr, DorrowePs dght to any Insuranw pollctes nnd proceeds rcsniting from =`- __-
<br /> demnge to the Propeny prlor to Ihc acqulslflon shift p�ss eo Lendcr lo tFe exlent of thc snms sccural by thls Sccurtty Instrunknt L;;���i,:,;.�
<br /> humedi�t.-�y prior to thx ecqulsl�lon. "�."` .
<br /> yi+yr
<br />.- 6.Occu,�sncy,Areserva0on,M1t�lntename aaid Yn-otec�lon of fhe Propertyi Oorrower's I.oan Appllcatlont I.enseholds� `S>�)�i�Vll.-
<br /> IIorcower sh�dl nccupy,establlsh,nnd use�ho Pro{s:«p ns IIoreowePs prinelpal resldenca whhln slxty days atter the execullon of �f'�';;�_�.
<br /> Wls Securicy taserumen�and shall conqnue lo occupy�he Propeny ns[lorrower's princlpal residenu:for m Ieasl one year alter ��{r�1.4:�.:��:-
<br /> ����4' .4,;�.
<br /> Iho date of acnpancy,unless Lender o�hernlse agrees in�criitng, whlch consent sRall not be unn;asonably wl�hheld,or unless °P��,iti,'s;_.
<br /> exlcnuating c7rcums�ancex extst whlch are bcyond Dorrou�er's control. Oorro��•er shall not dcs�roy. danwge or Impalr thc �S�I?j�_`';;;_�--'
<br /> Property,aflow �hc Propcny to dctedoratc,or commlt ��as�e on the Propeny. Oo�rower shall bo In defauli If any Portelmro .::u;;i:�t•;'s
<br /> aGlon or rucecdin ,xhelher clvll or crlminal. Is be un that in l.endcr's ood fal�h'ud mem widd rcsult In(or(elwrc of�he i,,.t vi�Er�—
<br /> P & B 6 1 3 ��,.�.`,`:ti,"� 'e'471l7!�.
<br /> Propeny or otb:neise matedally impalr tlie Ilen creatal by�hix Security inswment or LeMei s securiiy Interest. Oorrower may :��;:,�/1't},,__ .—
<br /> euro such a d:fa�,.tc end relnstate, as provlded In parograph 18,by caus�r.g�he octlon or procceding to be dlsmisud wl�h o m�ing ��`���^`fr`�tr ,rt��--
<br /> IA�t, In Lender's good faRh detcmifnatfon, prech�cks torfein�re of [hc IbrtowtPs Intcrcs� in�ho Property or othcr maicrlal ��r�lx ^ 'r---
<br /> Imp:lmxnt of Uic llcn crcata!by !.".!:S:acr.c; 3.^�.^.e.m.e.^.!cr Lcr.ACt�sn_rily i.^.lcrcc�, j2nrrowcr chall nlso 6c In detaWt If �Y%�',�t.,., _s�±...�._..
<br /> Borrower,dudng�he Iwn apptication process,gnn ma�erielly false or ineta�mic infomtntion or stxtemenls to Lender(o�fallcd ` t;`'!'��i��; :
<br /> to rovlda Lender wl�h an material informa�loN in connaainn wi�h ihc losn evidaxcd b thc Note. Includfng,bw nol Ilmlted l;y��v � t`��=�H,i::-,_��
<br /> P Y Y 1,,`''"-.
<br /> lo,rcprcsentailons mnaming P.�rrox•er's acupancy of�hc Property aa a prir.cipal restdenta If this Sccud�y Inxltumcnt Is on a �5'�Yin;�Ffy}��.�:•3::
<br /> lee!thold, I3orrowcr shall tomply wi�h n11 the pmvisinns nf Ihe Irn�c. 1f Dorron�er ocquires fec �idc to Wc Propetly, �he ���:�?��S�tij°�i�-`�;t���C?`
<br /> r ,u.�r_.�_,
<br /> Itasehold end�ho fcc fide shall not mergo unle.ca Lender ngrces�o�hc mcrger in wri�ing. (y,�'3�,,1"����!t"^°"`•_
<br /> '!.Protcetlon oE i.ender's RI h4t In the F'ro n}•.7f Borrower fails m rfomt Ihe covenants nnd agrcenxnis contafned In �"_Ij:l.l�i��^i�Y 6�4�::_
<br /> 8 Pe P� S:ik.: �l�.,.: �4
<br /> Ihl9 Secudly Inslruntzn:, or�here Is a Iegel procceding �ha�mxy significamly a(fea Lender's dghts in ihe Propcny(such as e / �n(�'c�ef{,?.��;��
<br /> toccedln In bankm robate,for wndcmnation or forfeiwrc or m enlorce laws or re nlaiions),�Acn Lender ma do end `���"`��`~':� �' '
<br /> � P 8 �.y,p S Y n;%� :..r ,9��.' .,�.'�._.
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<br /> poy for whatevcr Is nacssary to protcet Uic value of�hc Pro�ny nnd Lcndcr's dghis fn �he Propeny. Lender's aaions may � =. . - ;;i},,.�
<br /> Ineludo p�ying eny sums saured hy a Ifen which has priori�y over �hls Seturity Inswmrm, nppcaring In coun, payfng �'�t�r:_�'%��,�;:�"<�.-
<br /> reawn�blc a�tomeys'tas end entcring on thc Prnpeny to m�kc repairs.Al�hough Lendcr nmy iakc nnion ur.dcr this paragraph !i:c�.:`{"Y^{f`+�;t`:--
<br /> 7.IAtMtr docs nd hare to do so. �,�'-..'.;l`,�S,.�
<br /> �'9i '�'.i��'�s��.Y'.�*;-.
<br /> Any amounts di:bnaed by Lender under �hls paragraph 7 shall become addillonAl debt of Itorrouet secured by thls 't �'?.��;�,���e;�r,;r;�
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<br /> Setud�y Inslmmcm. L',less Dorrowcr and I.erdcr agrce to o�her�enns of payment,�heu an:mm�s shxq bcar Intcres� from�hc :�,�y(44::,-f}._;`^�;:"�:
<br /> d��a o(dlsbursemcnt at �he hote mtc and sLall b. paynblc. �eith imares�.upon nmice (rom Lendet lo Dorrowcr requesling +Sk'S;,':t}'����;.'';��-
<br /> paynxm. �,�`�`�;"'k��¢{�t;f ',;
<br />- 8.6toNgage Iaaurnnce. If Cender rcquired mongage insurance as a cor.diiion nf making�he loa�secured by this Securi�y R�L__n e '~L�i�S 7i�
<br /> In�tnmKnL 13orrower shall a �hc remiuma re uircd �o maimnin �he mnn n c insurancc in cffecl. If, for an rcason. �he y�� ft�`'t "_
<br />- P Y P 9 6 8 y ��.- � S � �. �,i`"
<br />- nwngagc Insurance corcroge requircd 6y Lcr.dcr lapses nr ccases m bc in effeci,ilorrowcr shall pay�M1e prendums requircd to ct;:F�;z �,�;.�.•� ->.
<br /> oblaln coverage subs�udally cquivalent to�ht mongage insurance prcviousl}� in ctfcct.a� n ms�Eubs�antially cquivalem�o thc �}}'f' ' �f �i,��;�. _
<br /> cofl lo pofmwc�o(Ihe mongagc insurnnre prerionsly in e(fcc�. fmm an r.11crnai. mnngagr in�urer appm�•ed by I.endcr. If �,��a ,'� �
<br />` wbslaml�lly eqalvalcm mongage insunnre aoverage is not availablc,Borroi�ror shall pay�o lcr.der ezrh momh a sum cqual to G.�_`!c.":' ' 'F'�^� `. �
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<br />.3 onC•Iwt1011 ohhe)'eatl)•mottgage insur.ince prcminm heing paid by llntrouer �ahen Ihe insurnr,ct corerage lapstd or ecased lo °'`:'`-'-t%'�;-��;'-_t: :`
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<br />_ ba In efktl. ItnJer wlll nccep�,use ar.d rctain�hese payments ax a loss resen•c in Iieu n( mongage insuranee. Lozs rescrve s'3�;'�''�, �'r'2„ ,
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