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<br /> 5, Ite:arci or Pmpetly insunncr, Dnrrowcr shall kttp ihe impmrenunts now cxistfng or herenRer ertcud on the
<br /> — Propchy insurni ngalnzt Inss hy firc, hara�ds Includal wi�hfn�hc�cnn 'cx�endcA mvc�agc' ond any oihcr hvnrds,including
<br />- Onals or O�nAing, for a•hlch I�enAtr n<ryins insuranR.Thls Insurann:shall bc maintaincd in�hc nmonms,nd for tho perlods
<br />- thai I.cndcr rcqulres.Thc insum�mo cardrr prnviding ihc Insnrancc shail Iw chnscn hy 13nrrnn�cr suhjxi to I.�ndcr's approval —� �� �
<br /> widch shall nai be unrauonably wlihheld. If 13nrro�rer fails ro nwimaim m�mge descrilxd a6oee, Isnder may, at Lende�'s
<br /> op�(on,nMnln rnvo�age to protcct I.cndcr's righis in Uw Prn�xny in aca�nfana witl�pangraph 7.
<br /> -°--- NI insmm�ce pnlicies and renewals shnll be nocep�,bie to I.enJer and shall include a s�a�xlnrJ mm�gage clause. I.ender
<br /> xliall havc thc dght tn hold dK pnlicics aid renewals. (f Lcrxlcr rcyuires,Oorcmrcr shall pmmptly givc to Lendcr nll rcccipis of
<br /> -.--; pald prcrolnms ar.d rcncn•al nntl��.In�hc evcnt o(Inss,Iinrmwcr shall gAa prnmp�nmicc�o�hc Insurance cxrrier an1 I.cnder. _. —_ . ..
<br /> LcnJcr may make pronf ot lou if not mado pmmpily by(lorcower.
<br />--—�-- Unteu I.enJer and Dmmwer m6rnrim agree in wrl�ing, ironrence pmceeds xl�zll he applinf m rutoration or rcpair af the
<br />-�`_''� Propeny damag.d. if ihc rcstaration or n:piir Is crnnomically fa�sihlo nnd Lcnder's securi�y Is not Icssenal.If�he rcstontion or
<br /> ="`" rcpair is na economically fcasibie ar lander's xecari�y would be Icssencd, �he insuranx prncads shall tw npplled to thv sums
<br />_=A� sttured by this Ssrurliy Imm�mcm, wheiher or nnt �hen due, a�ith any execcs paiA m 12orrower. If Dorro�rer .abuedons the
<br /> ��'���3 Prope�tg,or dces na nnsu�er wiiLin 30 days n nmke fmm Lender�6ai�he insurance carricr I�u o(feral ro xeule a ciaim,then
<br /> '-�_�� Lender nuy mltect the insuranco pmceeds. I.ender may use �he procecds �o repair or restore the Propeny or to pay sums
<br /> `- smnd by this Smuri�y Insln:men6�vhcihcror nm dicn duc.Thc 30�day�xriad will begin Nhzn the r.arice is given.
<br />.:�;F':� Unless Lender and 6ortower oihenrfxe agrw In writing, any ,ppifea�ion of promcds to ptincipal slull r.a exlsrcd or
<br />'�'^'+ st re the dcc da�c ot�hc momhi � mcNS rcfcrccd to in m � I �a! 2 or chan �thc anxmm of ttw a nx:nts. If c��
<br />'_:.:a� P° P�• Y P•1' P• •& P� 8' P Y �,?;
<br /> under pangnph 21 the Prnptny Is acqnired by Lertder,IIorro�ccr's right to any insurance policies nnd prMecdz msuhing from �?"�
<br />°;'��,� damage to�ht Proyeny prior m U�e acquisi�ion shaU pau to Le�d�r m�he ex�ent ot Ihs sunu secund bl�this&�tvrity Insirument -
<br />--`;`s;t imn:�i�telyprinnathencquisit:un. —.--.-.
<br /> .-}�i 6.(�rupancy, Mcsen�e�lor�,�Sai�slcoanm and ProtmtEon of the Propetly; dorr�arer's lw�nn Apptica�lon: ar.�aseholds. ;.
<br /> - �Z� lkrrow,r shall ouupy,es�ablislti.�r.d nse�he Pmpeny a�Rurn,wer's principal residenee nichin sisry•Aags n(�er�he exKUUon of ������
<br />"`Qin' ihis S�umy Insuuntem and sha;(tvntinne to scn�py�h:Pmperty as Qorro�ver's principal rcsiArncr for ni leut oneyear aller �`'`�-
<br />��"'�'� the da�e of occupancy, unleu L.:nd.r othrn�is:agrees in�vri�ing,which rnnxm shall not be unrr.�sonably wi�hheld,or unless
<br />��'�� excenuating cirwms�xnces exis� �chirh arc fi��ond Qonon�cr's mmrol. 6orrowcr shall nat d�..iroy. damagc or impafr the
<br /> �-; Propeny, aliow�he Pro�xny m de�crinrnte, or cammil �vas�c un �he Propeny. Dorro�rer shall be in default if any forteitun: ��--
<br /> ��r•.
<br /> �w� adion or procccding,whelher cia�it nr criminal, is bcgun�hit In Lendcr's goad faith judgmrni muld rcsull in forfciwrc of Ihe
<br /> „_P�� Propeny or mhernise materially impitr Ihe Ilen crca�ed by ihi>Security Insuumem ur Lrnder's xcuriiy imens�.Horrower nuy
<br /> _:�j%e� curc such a defenl�:nd refnsiz:e, as provideJ in paragnph 18,by exusing�he r.c�iun or proceeding m 6e dismiued with a mling
<br />;:s.;.
<br />-;.,,.„ �haL In Lender's g�wd faid�detemiina�ion, prccludes fodeiwre af the Qnrrower's intere.t lu �he P�upeny or other material
<br /> Im�_imrr.!�f d!^_ Iltn cr�!c! L•;tht:�xu:it� :�st:ur.:c:a- :�;�:i� uaurity Er�;,.a. E;.�-::a;„�Y al;.�Go 1��dcfn�lt If ..-...
<br /> -_;.��j [3arrower,dudng�hc loan applicmlon process,gave nmtcri:dfc false or inaccurate in(am:rion or statenr:ms�o LenJtrror falltd `-=-.
<br /> �'k: �o provide Lender�vi�h ony nu�erial infomeidoa)in cunnecGmi wi�h�he loan evidenmd l�p thc hme,imlud6ig,but no� limittd '` r" --�
<br /> ;`�,,� to,rcprcsenta�ionc conceming 6orrowrr's a�unnacy uf�he Propeny ns n principal msidence. If�his Secvri�y Imtrument is on a � tt� `'
<br /> � leauhold. 6orruwer shall msiply wi�h nll ihr provtsinax of �he leaca If 6orroa�cr acquircs fee �iilc ro �he Propeny, the _`�;,�','�' �
<br /> n;._
<br /> }`:t'] Ieuehold and the fee ii�lo shall nol mcrgc uNeti Lcndcr agre.s�o�hc merger in wriiing. '� -`r:5".
<br /> i ,r;.
<br /> � 7.Proteclian ot Lender's Rights In Ihe Praperty.If Dorro+��cr falls to per(unn ihe corenams and agrcemcnts rn:��ained in '�St� -
<br /> -; thls Securi�y Insuvntem, or�here ic a Iegal procecding thr.t may significamlg a(fec� Lender's righ�s in the Proptny(such az a �. a { �-
<br /> praccecling in bankrup�cy,pruhate,for condemnaiinn or fndcimrc or�n cnfnrcc Ima ar regulaiinns).�hcn Lender nuy dn anJ :�%!??'°- '
<br /> r+,?� p�y Por�ehatever is necess�ry to pro���ci �he value of�6e Pro�xny anJ Lendei s righiz in �he Propeny. Lender's aqions may f s ;f� :f'
<br /> - '_;t includc paying any sums sceural 6y n lien whid� hac priority ovcr �his Stcuriy InsVUmenl, appearing in coun, paying � ' '�
<br /> � .; rcuonable auumcys'fecs anJ cntcring on�he Prnpcny�o n�.ikc rcp�un.Ahhough l.er.der may�aAe aaion undcr�his paragraph f M--
<br /> �x
<br /> �v: 7,Lender does nn�have to do so, r {4�
<br /> l:. Any amoums disbuncd by I.rixlcr unJcr Uiis paragraph 7 ch:dl bccon:c adJiiinm.d Jcbi nf Oarro�cer sccurcJ by �hfs `
<br /> r�5�. Securi�y Ins�mmcr.�. Unlcss fMrro+rcr and Lenter agrce�o u�her ierms o!paymcnt,ihrsr an:uunts zhall hcar imeres�from the �"
<br /> rv da�e of disbursemem ai �he Nom rate anJ sh:dl M payable, wi�h imervs�. upnn nmice irom f.�nJer lo Bormwer rcqucs�ing � �}t ���
<br /> �ri� p�ymcN. r` �
<br /> , _�' 3.\iorlgxge Lunrnnce.If Lendtr reyuind nmrtgage imm�nce aa a cnnJiiion nf r,�..img�hc loan secureJ 6y thisSecuri�y �, "
<br /> �
<br /> .�?.� Ins�nm�cm, Umrn�rcr shall pay thr pramiunn rcquircd m maimain �hc mongagc imwantt in cffa�. If, for any rcunn, ihc -
<br /> mongage inmrar.ce co�-erage r.quired Fy I.en,kr lap.n or ce:�xes�o he in.ffca. 13nrrmrer sh:Jl p:q•�he premiums requireJ�a �.`•�='g,?,-.
<br />+_i:f.� - : ;r��;:. ..
<br /> oblain corerage subsl�mially�rqt�i�alem to ihe mnngage in+uranee preci�mcic in e(ferl.:n a co.l.ub.�amially.quivalent to�he ,,-.S_:__
<br /> .- msl �n Dor(m��cr N Ihr nwnp:�gc inwr.mcc prcviuudy in c(fecl. fmm vn ailttn.�lc mortcagc inwrer approvtd h�• Lrndcr. I( f �Z�}.,
<br /> sub�tan�iall e ui��aler.l mort a . inwr.mee.�nera i i�nm.n.,il:iM1ie. D��lroxet�h.ill pn} In Lendet cach ntnNh a .u:n rqual to ' � -
<br /> ` Y" q F 8' F'
<br /> �� one-iN:lfih n(Iht yeady mm�gage mcurar.c.pcemimn hemg p�iJ hy f3nrrnv.er when�hr inwr.mce co�.raee lapsed nr ma<eJ Io L i.��
<br /> �- be in efftrl. l.tn�er uili accrpl.u+e anJ reiam 1.`_..�p.qmrm.a. a In.. re�r•�c m litu n( n:onga_c �lwranir. LAx. resen�r � :�:'
<br /> ,-,� Form 3018 fl�90 t
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