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<br />_ � R�•RECORUlcG 9g� :i 1Os+°�s ��`
<br /> • .. � . . 98— ic�sz9t�
<br /> 5, Hasrrd or I�roperiy Iaeuronce. Borrower ahall kcep �hc Improvements now ealsting or hsccafter erected on the �
<br /> �<<;�r;p+� Property insurai �gdnst losa by fire, h�z�t�d�included withln the term 'extended covsrage'�nd any o�her h�zards, Including =�
<br /> r� floods or flooding, for which L.ender requlr�s insurance.This tnsunnce shall be mainulned in the azaounts and for the pedods o.,
<br /> � that Leader requiro�. The insurance carrler providing ttu insurutice shdl be chosen by Borrower subject to 1.endeP��ppmval =--
<br />- wnich sh�ll aot tx� uii►�su+,:�iy w:.hhcld. If A:rrouer fail� to maint�in cQeerngc @c!try!�M A*+r��. !ender may, at I.ender's ��:-
<br /> optton.obtuin cav�r�go ta protect I.ender's rights in[he Property in accardance wtth pu�graph 7. �--
<br /> AU tnsurence policles �nd renewals sh�ll be acceptable to Lender and shail inctude a stundard mortgage clause. L�xkr �}`,
<br />- shall h�ve the right to hold the poliaies and nnewala. If Lender nquins,Ilorrower shdl promptly give to Le�cler all reoc'r.pts of `_'.-
<br /> 0
<br />-'�'.• . pAid premtums unncl nnewal notices. In th�event of loss,Borrower shall give pxompt notice:to the lnsurartece carQier aun�d Lender.
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<br />«�.` l.ender may make proof of loss if not mAde promptly by Bonower.
<br />-� '. UNas Lender and Horrower otherwise agrce in wrlttng,ias�u�ce proceeds s�hull bc applie�l ro restoration or repur of the �
<br />"'`' ; • ' I►ro rt od,if the restoradon or repair ie economicsilly f�ssiek wd l.ender's secudty Is na lessened.If the restotation or �,�
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<br /> _�_�� tepair is not economic.�lly feuible or Lender's security wouid De kssened.the insur�nce procCeds shall be agpliod to the sums =
<br /> ' � ' secured by this Securiry Insuument. whether or nor then due. with ony cxau paid to iBorrower. If Bomower abaudum lt►e °_
<br />�.,:��- :a� Prope�ty,or does not answer within 30 diys a not}ce from Lender that the insurnnce cu�rier ha�offera! to settte a claim.then ��
<br /> .' � ' , Ix►�dee a�:y cailc;.t thc .sssurancc pre�s• Lcndcz mp; use the p*�eods to re�air or ratore the Propem or to pay aurns _
<br />-;-���,'.,w� secured by this Securiry Instrument,whetl�er or not then due.The 30-day period will begin w�en the notice is given.
<br />=�' : ., Uniess Lcnder and Borrower otherwise agrec in writing, �ny applicuion af proceeds to principal shall not extend or
<br />�, ��•.�4, � �►ostpone the due date of the monthly payments nferred ta in paragraphs 1 a�c;� vr change t6e amount of the paymena. If
<br />��k� un�er paragraph 21 the P�r�percy is acquired by Lender, Rorrower'4 right to any insiumce policia and procoeds n�ulting ftom e
<br /> dam�ge to the Propctty prior to the acquisition shall pass ro Lender to thc eatent or the aum�sxured by this Socurlty Inatrument =-
<br /> •a'.iAi:�,� immrwaiciy yiivi i�'u`�c wcy�i�:N�.^..
<br /> �`��!�� La,selbrdic}s.
<br />–�:�.; {;., 6. OecuP�»cY,Peesa��dod,Mdata�woce and Protection ot the PrQpatyi Borrowa's Lain AppBcatlon,
<br />��� . Horrower shdl occupy,dtablish,uid use the P��operty as Borrower's principal rafdeace wlthin sixry days aftec tlu executlAn of
<br /> ---`== thi�Securiry Instrument and shall continue to occupy�he�ropecry as Bonuwcc'a pra:;i�,�.i ip:�m,a f�r::3..:�::an:.y�aftcr
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<br />--�°'�;�. the date af occupmcy.unless I.endCr otherwise agrxs in writing,which conaent dhall not be unres�nably withheld,or unle�.+
<br /> ��`%'��� extenuadng cireumstances eaist which ue beyond Borrowe�'s control. Bomower shvl noc datm�, d�m�gG or impai� �be
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<br /> -::r:r�� Property, allow the Property to d�tedonte. or commlt waste on the Property. Borrower shall be in dehult If�ny fo�rteinue
<br /> 4.. 1.. f..._.J���. J l�Iwl.L..l.....w..• 1.i ww��l�3����h�M r�f��
<br />=ti;�–=� -- .. action or procoodiag, whether crvii or criminai, lS UC�YL W111 lll Lt�lWW O�1NY\Y►�1��YY61fMt�L w�+u..........................
<br /> 11 Property or otherwise matedally impair the lien created by this Securfry Instrament ar Lender's securiry intereat. Borrower mxy
<br />-=�� cun such a default uM reinstate.�.s provided In guagraph 18,by causing the actior��r proasclnng to be disaussed with a ruling
<br />=-�"�:'� Wu, in Lender's good faith determination. procludes forfeiture of the Borrow�r's intenst i•n the Pmpetty or other matedal
<br />�"���"� impurment of the liea created by this Securlt}� Wtrumeat or Lender's socurity inurcst. Borrdwer ahall also be in default lf
<br />��� ': IIonower,dur[ng the loan application process,g�ve muerially f�lae or tnacxur�ue iafom�ation or stuements ta I.ender(or fdled
<br />_-�=� to provide I.eader with any matedal information)in connection with tha loan evidenoed by the Note.including,bat not limited
<br /> -- to,reptesentutona concerning Borrower'e occup�ncy of the Propaty a+a priacip�l raldena.If this Secur[ty Iaattunaa�t is on a
<br />�° leauhold. Borrower shall comply wfth all the provIstons of the iwe. If Borrower acqutnes fx dde to the Property, the
<br /> leasehold and the fea dde sh�ll not taerge uNess Lender agreea to the merger in writing.
<br /> --- 7.Protection ot I.euder's Rights in the Propaty.If Borrower faila to perform the coveaanW�nd agroeroente oons�ined ia
<br />—'� � thia Securlty Instrument. or then is a legal proceeding that may aignificantly affzct Ieader's rlghts in the Pro(xrcy(tuch�s a
<br />�""`� pmcaKiing in baakruFtcy,probate, for condemnadon or forfeitnn or to eaforce lavus or regulatfons),then I.endar mry do�nd ;
<br /> ---= pay for whatever is nec�ssary to protect the value of the Property and Lender's rig6u in thG Property. Leaderb actlons may
<br /> -= � include paying �ay aums secured by a liea which has pdorlty over this Securiry Insuumsnt, appearing in eourt, payiug
<br /> nasonable attorneys'fas and catering on the Property to make repairs.Although Lender mey uke actIon under this paragr+iph
<br />__--- � 7,I,tnder cioes not have to do so. _
<br /> - Any amounts disbursed by Leader under this paragraph 7 sha�l become addltional debt of Borrower aecured by this
<br />�.,;,-��:� Security Instniment. Unless Borrower and I.ender agnx to other terms of payment,thGSe amounts shdl beu interest from the
<br />--��� date of dlsbursement et the Note rat�e and shall be payable, with intenst, upon nodce fro7n Lender to Porrower roqucsting
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<br /> R*:�;;;•.�;. S.Mort�age Insur�nce. If Ixnder requirad mortgage insurana as a comlidon of makiag the loan sea�rsd by this Security
<br /> ����:;�:r• Instrument. Borrower shall pay the pretniums required to maintain the mor�gnge lnsuranct in effxt. Df, for any ru�son, the _
<br /> �a; •. .r.
<br />_+,_;�� mortgage in�tuance coverage tequired by Lender lapses or ceases to be in effect, Borrower s'r+all pay tha premiums requiral to
<br /> "':f�': �btain coverage substand�lly equivalent to the mortgage insurana previously in effat, at a c�aubstaaGaily equivaleoti to the
<br />`.i•':r ...:.,' cost to Borrower uf the awrtgage insurance previoualy in effect, from an altemate mortgage insurer approved by Y.�nder. If
<br /> �_'.;.: , substantially equivalent mortgage insurance covcr�ge is not available,Borrower shall pay to Lender esc6 naonth�svm ec�ual to
<br />;�:•• one-twelfth of the yeu'ly mortgage insurance premium being paid by Borrower when�he insurance caverage]opsed or ceaxd to
<br /> - be in effax.I.ender will accr.pt,use and ntain these payments as a loss reserve in lieu of mortgage ins�u�nce. i.oss reserve
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