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<br /> 5.Hazard or Prpper'tY Ins�re�ce.Bossawes sball keeg the improvements arnv e �orSFer�'[a ter erECted ua ..�: �;'
<br /> ,� the�ro insured s�i�t a s y�.� �s¢'����•,�r�...+ A�r e�d e d c o v e r a g a e a d a n y o t h e r h a z a t d s.
<br /> a including fl�oods or 4laoding,tor which Leader requirea ias�rance.TLis insuraace shall ba maintaiaed ia tha smounta
<br /> ` an d t o r t h s p e r i m d s t b a t L e a�r e q t d r e s•'F!►e i n s u r e n c e c a n i a r F r'o�i��ag the insuranee sLatl b�eha�n by Borrower �-----_
<br /> sub�ect to Lender's appm v a l w h i c b s h a ll n o t b e u p r e a s o a a b l y w i t h h e l d.I f�o r ro w e r�a�s t o m a i n t a i n cav e r a g e d e s a x i h e d
<br /> :, i �' above.Lender may.at LEnder's optioa.obtain ooverage to pmt�t Leader's rights in the Pro�rty in s000rdaace mth
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<br /> ; ��' . P��Ph 7. :
<br /> ,.:� All wsurance Folicies aAd renewals shall be ao�eptable to Lendet and shall include a standard mostgage clause.
<br /> �� : � Lender shall have the rig�►t to hold the golicies aud reaecvals.tf 1.euder requirea.Bsrnawer ahaU pmmptiY 8ive to �� ;,
<br />' . l.ender alt receipts of paid premiums aad reaewal aotices.Ia the svent of loss.Borrower sba11 Ave prompt aotice tn tl►e �?. .�
<br /> �suran,x carrier aad Loader.Leader may make psnof of losa if not made pramptlp bp 8asrnwer. _ _
<br /> �' I Untess Leader and Bosrower otheraiise agree ia writiag,ins�uanca grac�eds shalt be applied to reswration or icpair
<br /> � � :
<br /> of the Properry damaged,if the restoratian or repairis ec.�¢micellY feasi'ble and Lendes'�s�urit9 is not te�ue�i.��he ,�;..,-
<br /> ' �/~ �estoradon ar repais is not e�o�mically feaffib2e ar E.ead,�'s�urity would ba t�ue�.tk���P�ehaiF be „:,� --
<br /> �;.- ��� ,; � a p p J i e��t Q�suua��d b y ttua Sec�uit9 Iastruffieat���ar aot t�ea due.witk�g er�gaid to Enrro�er.If ',
<br /> � �°?s,;:...!: .Y , Boirawer ahaIIdans the PrepertY,or daes aot ans�e��i.���#s a aatice fi vm I�a d e r t b a t t T i e a�s u r a u c e w r r i e r b e s
<br /> �;1 T ". ' ...
<br /> e a daiai.thea-I.end,er mag c�Io�C Ch��:�a�-��tder may o�e the�st�r,�sis w t+ePau or �.�{
<br /> .��f�1' ``• 'r'����rnge�tY'artisp�.ps�meseieuted6g�ss�T��a''�`��br�aa�ob.�di�'€��Fg��`� � _
<br /> pf &`rs+ , ' .;,,� iv17l,'..t't-1�ilUti4'+�tS.$}�- ' ..", �� : ' �� �'� -=
<br /> ��n:r � �� ` �` � ffIIl.��Ed�Ltli4##�t]'�b�'5�1��� : ��j#3��3��. � �
<br /> '"t ����ue�edried�tec����t�&�������lu�i:��ar��Ir�ugcst�� �Y����,,,,sJ,.,. --
<br /> �t�, e 9 f; " YV -Y 'n__a......J�.....feb^.�L BSIp, ��,���U{rea+a m�Rrs:=
<br /> ��,.� ,�X� : �under aragra�5..3�3: t�;L��Is�Y'�.��'�':�•puisv�rcl� ut{garr , --
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<br /> �r1��-`� . . �sltwg from d�ap�ts ui:t3�a Prug�iuiQr ta�t���iu�tioa ahalt�tcn��ta tf.�ex�eatc��'?a"�et�i:..�as setvred by --
<br /> _ this Security�strument immedialsT�*priar to;�uoa.
<br /> � 6.Occupaacy,II'reservation,Maintt�nra�m�mnd Protectloa oi the Property;l�orro,�es���a�p�plication; �-
<br /> " • L e a s eholds.�W���R�b�and usa the Propetty as Horrowe�e pnnclpal ri�idsnve with�n�iYty daps _�
<br /> after tbe esecutioa of this Security lnstnsrrtene and sball cominue to accuPY��P�Y as Borrowet's pnnciPal . _
<br /> . :. :� resideaca for at teast one pear aiter tQe date oi ocxupaneY.�mless Lender otharwlse agreea in wddng,whicb oonseat st�e11
<br /> � , . �-� aot bo unreasoaably withhet0.�unless eates►uatiug ci�umsteacea exist w�tc h at�b e q o nd Borr+�we�'e caatrol.Botrower
<br /> ehall aat dr�tray.damage or iuspair the PropertY,eUow the PropertY w detertosats.or cos+nrnit waste aa tha Pmperty.
<br /> -_=-___= g�mw�gZ1 tw in defatilt it atfy fotfeitute sctioa or P�.whBtheT clttty or CtItASIISI.is beguA t1�at ia l�d�s =-
<br /> .� ` � g o nd tsith j ud gmznt c;ould result in iorPeiture o4 the Property or other�vise materiaity impair�fse tien crw�i o� `�ds _
<br /> � � gecuri.ty Instrument or Lende�e securltS► interest. Bonower may cure suc h a d e ta u l t an d r e i u s t a t e.a s p r o v i d e d ia
<br /> �ti:,.�. . ..'. •. .�_� paraga�h 18. bY eauging tAe aetton or qroceediA$,to be dismisr,ed with a rulinII that, in LEader's gaod falth
<br /> � �, � determtnadon.preclu�des iorfeiture ot the BorraNer's mterest in sha PropeRy or atbor macerial irnpairraeat o T t h e tiea
<br /> • " �:� •t created by this Security Iasttutneat ot Lender's security iatern,at.Borrower ehall efso ba in default it Boseower.dwiag ,
<br /> . - ..-� the loan applicatior� pracess. gave_rmaterially false or inaccurau intormatton a:etatements to Lander Iar feited to
<br /> . : :c P�v i d e L e a Q e r w i t l�aa y material�Afortr�ation�ia onar.aetl�n anth the loaA evidencod�►.the Not�.inctudiag,�not ��""
<br /> „ : • , f es e ruc� resi 8 c�e.I P t A i s S e c t i r i t l i -
<br /> l�m►ted tfl,repr�sentations coneernia8 8arrow�r's oa+�paaey a�!tts�PropertS► Fc► p a i a,,.,_
<br /> � �',:�„;,.:`,�._ � �l l n s s r u�r nenS ss on 8 leasehold.Borrower alss�l�wrnpiy��ith all tbie�Stommo�oi the less�.I8 Bflsroar¢r aoquites��titlota =
<br /> ,"�,`�z ;. ;.., onT,��srtdesa wt90 inerger ia writiag. _ _
<br /> �,1�;,•.;; the Pruperty�tAe teasehotd ar.di thci fev titloeliai�Aot mer� � _
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<br /> <<�.,.:�.:::.f, :< . 9.Y'ro3�ctioa oi Leade�'S Ri�ESIaz tQc IIfrope�y�.�!8onower f�t�t,a pedo�sa tlto aavenanss en8 a�ts _
<br /> �t that mag sigaifiada*�afPect Lendes's tig:Sts�tt the
<br /> :�::'ti.. • � contained in tids Security Isisd�ur:seai,Qr ttaere is a Iegat Orooeedsag _ .
<br /> �-'";�' < Prapercy► (sucb as a proceedi� is� baaueuPtc9. probate► for coademnatioa ar forPeiture or ta enfosace Iaws or '
<br /> . . . .. regulatioae).then Le�ader may do er�py 4or whatever ia aeces�ary to ptotxct the value o4 tAa Propetty and Leader's �
<br /> _�;; rights in the Progerty.Lender's actioas may inelude Paris►g az►Y sums eacured bY a Iien wnicA Aas priorlty over tbis t- .
<br /> a'�r+° Security Instsument.aPPearing ia court,Daying s+easonabte attomeyd feee sad entering on the Yroperty to maice repaire. � ._
<br /> ++ . .� `� Althou g h Lender may teke action undes tlua paragsaph 7.Lendee does aot have w do so. ► .:-
<br /> . ' • h 7 s h e U b e c o m e a�I d i t i o a a l d e b t o i B o s r r,w e r�b y thie .-
<br /> � � An�eraounts disbursed by Leader u n d e e t b i s patagraP `�:..
<br /> . . � Securify�Tnsceument.Unless Bonower and�er�d�r ag�ee w other tentis of paqment.tAese amoua��tiall bear iaterest � _:_
<br /> . s trom the data o�d i s bursemea t a t t ha N o t e r a t e a s�s 1 u�U b a p a q a 6 l e.w i t b i a t e r e s t.u P n'a�aotice irom LEnder to Borrowes �;_.
<br /> ,��`, '� :� , � requestingpay�ent. � � �-
<br /> .. . . � : t 8.l�ortgage Ineurance.If Leaaer rec,us'•�mortpga insureace as a coaditioa oi meking tha toaa secused bY this
<br /> to maiarain the morcgage insu:aace in efiecc.If,foraaY �..,,_
<br /> '� ' .... �:� Security Instrumeat,Bon+nwer shall pa4Y t�e�rem:utr.o reqwred �""" .
<br /> �t u�u.r.���y L,ender lapses or oeasea to ba in eflect;HonoArer a�all pay the E_,
<br /> � ���<,;`,�.;� ., ... reasoa� the mortga�e ineWance cnverag�s+aq, �; valent w the mort iasurance pteviausly�n effeet.at acost ��.---
<br /> �. :;f,.�,.,�;, ! •.: —
<br /> ,ti�' . . premiums re�uired to obmin�eovcsraIIcs suUetane�nt�'q equi � -
<br /> � � substantiolly equivr�lonr to�ttte cnsa te�Borrower of ttze mortgage iasuranoa previously in e4£ect,from aa attem�te
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<br /> '=�;,i��• :; � e insurer�sppnoved bg i:,end�r. Ii substantiaUy equivalent mortgage ins�rtastce coverage ia not availablo,
<br /> mortgag
<br /> Bonower sha11 pay�w Lender eaeh month a aum equat to one-twelfth of the yearly mortg,age iasurance premium beiag ,
<br /> � p�d ents�as a oss�ecen►e i�n�liev ofVmor�tgage�lnsuran��Losa reserve�paymeata�m Y�•1 ger 'be required. :
<br /> , paym
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