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<br /> . � S.•}tuaM or tropetiy lnii�ry�na, 7krrowcr shill kecp tho Improvcrncros now exlsling or hercaRcr crccrod on�F�c
<br /> Pto�rty Iniurcd s�atnst toss Ay flrc,hnraMs tncluAcd wlthln tho tqm•cxicndcd mvcngd uid anp alkr h»anis, including _
<br /> �toaTs or ilondlog,to�whlch 4orv.lor ru�ulres Insumna.Thls tnsuranre sha!I bc nulnn�ncd!n the�nwums anA(or tho�edods
<br /> thM Ltn�er roqulrcs.9'he Inwnnco arrler provldlns tho lnsuranco shall bc chosen by Ronower wbJcct ro Lcndcr's npprovtl
<br /> whld�shell not lu nnrcuonabty w06LcId. if 1lorrowcr fnits to malmaln rnrorage descdl�ut ahore, l.ender may, at l.ender's
<br /> oplto0,obinln wvcmgo�o prdect[.ender's righls In the Propeny In xcorAanco wliL par�gnph 9.
<br /> AII tnmrnnco ryollclrs and renewats shatl be acaplable to I.ender nnA sl�all Inetude a slnndaM mongage clnuse. I.erder
<br />' uull l�ovo the dgLt to iw13 Qm�llda and renewals.(f I.cndcr raiufrcs, S3orrowcr shall Qromp�ty glve to I.cndcr all rccclps of '-
<br /> - paid prcminms an!fc.newni nqices.in ifio ovrn�oi loss,borrow¢r sha�i give pm,n�pt roeroo to[ho mwnnco carc@�and l.ende�. --
<br /> I.cndcr may moka proof of loss tf no�m�do promlxty by Baroxer.
<br /> Unlcss l.cnder�nd Borcox•or othecwtsn tgce in wtitiag,inviraace pxoce�ds sAali be applitd m resiotatlon or repalr of th,�e
<br /> Properly danuged,If the rcstoraqoa or mpaie is aoocomtcmtty€easib[e a•r,i Lcndcr's security Is not Icsz;r,ad.tf ttee restaeation oR
<br /> np�,SS is not econom1ca11y feasiblo or E.eeMc's socur.ty wou!d�e Resunai,�he Insunnce proeaQs shxll�arpticr!ro che wms
<br /> sacurs6�j this Securlty tnstNnr.ez,wte;ii7:r or r�e �}krt due, wi�h�ny excess paid lo Borcouer. 1£Bocroaer abanrl,ens tt�
<br /> Propttry,or docs not answer wit3ta 30 d�ys x nneW irom LcznScr tlu�the Insurance canler haz of(arod to v:ule a et�tm,them
<br /> I.ender nwy collect�Gz Insnra�;procads. l�rder mry ux the procecds to rcpair or reslorc Ihe i'rnperty er to ,�ay rums
<br />- stcurcd by thls Saurity tasin�rccnt,wM,aher or t�+t N.h�due.The 30day pernoc4 wlll ixgln when�hu rd.i�e ns giren.
<br /> Unlas i.ender and 9orrower ahe�wlee ag�u in wriNng, ,ny zpp73a°:co of pruceeds �o princi�l Jxall nw entend or
<br /> posipono Ihe due d�e of the��unthty�uymems rekmd to 7n paragaphs I and 2 or ctunge the amoum of�he y+xyrmms. [f --
<br /> under pangnph 2t�the Propeny is att�sircd 6y Lender,ilotrouer s dg6t to any insurance policfes and pnxeaU rcsu[aime from _
<br /> danuge to Ita Property prior lo the nrqulsition shall pus to Ixndcr iro ihe exrtim ut thc sunu socurcd by rhis Secnriry fns�mm�nt
<br /> Immedialdy pdor to the xqulsliion.
<br />- 6.Oceup�neY.Preserratlon.Matntrnance an�3 Trotrctln��d!!he RvprrtYi Borrower's I.oan Applleatlon;I.caschalds. �r:�-
<br /> Borron•cr shill accupy,utabl lsh,and au�hc Propr.rty ac Bnmurr's pdnclpil rcsldenu wi�htn sizty days aRcr thc cxorunun of �
<br />- thls Saurity Insuunxnt and shat! c�ntin�e to occupy the Prcqcny az 6orrower's princlpal resldence for a�Icazt one yw�f iRer --
<br /> tta daie of acupaney,unless Len�cr odxrwlse egrees In wri�ing, whlcL mnsent shall na be unreasonably withheld, or uslas
<br /> extenu�ling clrcumstanns exlst �vhirh aze Ceyond ISorcowcr's control. ➢orrower shall nol datroy, d.v�nage or Impalr�he
<br /> Propeny, allow thc Propeny to datedora�e, or commli waste on �hc Propeny�. Borrower shall bc in d4cd� if any forhiwrc _
<br /> acllon or procading, whether citizd or criminil,ls begun tha�In Lender's good faith Judgment eould msult in forfeltum ot ihe —
<br /> Propeny or aherwlse nu!r.rially impair Ihe Iirn crcated by tAls Securi�y Inslmment or Lender's ucuri�y interes�.I3orzovr.r may �_.
<br /> wre such a default end rcins�a�e,ns�qrovided In paragrsph I8,by caustng the zetlon or proceedh�g to be dismisscd with a ruling --
<br /> irw�, in iender`a good iaifi dcre�miaaiion, precivacs ior(ciwrc of thc I3nmvier's Intercsl In �hc Prop.:rry ar o�hcr mafedal -_
<br /> Impalm�ent of the licn crcated by �hls Securi�y insuument ar Lender's sccuriry imercsL I3orrowcr shalt u,o be in defxuh If —
<br />- Sortower,dudng�he loan appllcation process,geve nurcrially false or inaccurate Infomiatton or stntenxms�o Lender Qmrtiled _.-.
<br /> to provlde I.endet wi�h any materiaf xz,'omettino)in connec�ion x:[:2�i5c loa�evldcnced by the Nota Includir.g,but r�vs;�niicd ;=�-.
<br /> to,rcpresentadons mneeming�orra��ir's ocrupaacy of the Pro,erty az a prinaipal rcsldenm. ff�his Securi!y 3nsWment is on z ='`�
<br /> ItueholA, 6onower shall comply wi�h all th:psovisions of the lease. Tf 8ottuu�er acqulres fx �ittr co �he Propeny, �he ;=��
<br /> Icaschold and�hc(cc tttic shall not mcr6�untcss l.endcr agms to�hc mes��*�writlnS• �%f�`�
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<br /> 7.MoleNlon of Lender's Rlghts In Ihe ProperlyJf Dorrower fails to�uio�m the mvenams and agruemcnts mntainod in ��i•
<br />' thls Saurily(nsttunxn6 or tham is a lagal proccaling�hat may signlfican:Iy n:kd LcidRr'F rights in�hc Propeny(s�¢h as a �:..-
<br /> protteding In bankruplcy, probate. A4 condemnatlon or forfci¢nre or tn er.(wce laws or regata�lons), �hen Lender may do and �'�'-°�
<br /> pay for whatever ic necessary�o pto:eci ihe vyue of tl�e Pro}tr�y anJ Lens:r'x rights In�he Propeny. Lender's ac�ions may Frc.
<br /> (nclude pay(ng ony son,s securctl by a Ilen which has priori�y ovcr thi.Ssurity InsWmem, appearing In eoun, pryin6 ?:-_`
<br /> rcasonablc atiomcys'tirs and cntcring on�hc Propeny m makc rcpairs.Although Lcndcr may takc ac�ion undcr�his puregrsph !°;`--
<br /> 7,Lcr.det docs not havc to do w. �<<`
<br /> 1ny amounls dlsburstd by Lendcr under �hls �ngr:�h � shxll bccomc additiowl deb� of I3mTOU•cr securedi by�hls p`:�^•�
<br /> Secud�y Inswnxnl. Unlcss Dorro�ver and I.enQer agrec�o nfirr tertns of paymem,thcx amoums shall bcar Imercst from�hc k:
<br /> dete of disbursemem at the No�r, rote and sha!! 6e pa��able. �vi�h in:eres�,upon no�ice trom Lendtt m 6orrower requuting �^:���'�
<br /> paymcnt. --
<br /> 8.M1loHgage Insunnm.If Lendzr requinvl mongage ir,surance az a condition af nuking ihe loan urured by thts Seturity "'�'�'.
<br /> Insftumen�, Oorrower shall pay �hc p;emiums rcquired Io mvimain �he mongage imucance in etfec�. If, for any reasoe,�he �':--
<br /> mortgage Insumnee eoverage rcqulted 6y Lender lapses or naces �o be in effac6 Qorruau shall pay the prcmiums rcquirod to ��s�,;�_
<br /> obtain mverege snb.ta��ully cquivelem�o�he��rsrcgage insurance previoiulr�s zffocl, ul a cosl subs�amially equivalenl to the 3i.-�_;
<br /> mst ro Oorrower esi ch:mongage insurance preriously in effec�. from an ulrcrna�e mqn�age insurer approved by Lender.If ;;�-_:
<br /> substantially cquiva'ent mongagc insuranoc cm�cregc is not e��ailabtc.Iiorro�cer shall pay�q�cndcr caeh momh a sum cqoxl to ���=-
<br /> onc-1welRh o(�he y.ady mongage in�urence p:�mium Ming peid by Oarrowcr when lhe inwranm mvcr�ge lapxd or ceazcd ro rs��
<br /> be in e(fett.Lendtr will xmpl,use and re�ain these papmems a+ a lass rcacr+r in licu of mnngage inwrance. Loss reserve —
<br /> Fam 3026 lri0 `�` -
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