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<br /> y .��,�� S. Maxard or F3�uperiy Insuraace. Borcower sbali keep the improvements now e�isdn8 e���e�r�x�e _-
<br /> . � ; Pmperty insured agains3 toss 6y fire.ha7a�s�aclude�witiiln the teem "e�nded caveiage°and uny other h�ards.iach�dirig =
<br /> __.. .... ,�:.� . _
<br /> �. � : .•R.. ' ftoods or tlaoding,for whicb Ixndgr requtr�s insvr8►ce.This insutance sha]!De maiauiined�in the aniounts and for the�ods =
<br /> < 'o •;. .��P tt�tt Lender requ�res.The iasuzanee�cgrrter pmviding tke insurance shall be chosen dy 8arrower sub�ect ta 4ender's nppmvai . �-=
<br /> `" whipt►shall aot be wueasonably withhetd. If Borrewer fails ta mpintain eavem�e described ubove. Len�er may. nt �ertder's �
<br /> °` �:. optIan.abm;n rnverage w pmtect Lender's rights in the Ptape�ty ta accordr,nae with paragtYtph 7. _
<br /> �t�: All insur�uice poltcles and r�neNrais sha116e aocep�bie tu Lender.and ahail include 8 ete�►dan!mortgage ctnase. Lend�es
<br /> ��� ` � °' Sh3�I Ik'LVE th8�gllt t0 h0I8 tI1C pOltCl%8IId It'.QCWBIS.If Lender tequires.�omawer shtill pmmptty give to Lettder ati ceceipts of
<br />, '•; `;,��;.,, paid pfemiums and renewal notir.es.ln the event oY toss,Borro�rer aRalt give pmmpt no�foe w We iusnrance carrier end Leader. =.
<br /> ' I�ender may tp�ke proof of loss�if�not made promptty isy Hottower. �
<br /> . � -'`�• Untess l,eader aad Bomnwisr otherwise agree in writing.insvranoe proo�ds shaU be appiied w r�toration or mpair of We :�
<br /> :.�� '� PmPertY damaged,if the resto�ation or�pair is eoonomically feasi6te aa►d Lender's security is aot lesserce,3.If the re�or�ian or
<br />`,� b:,•' . ��'(' . re@atr,is not economicalty feasi'bte or L,ender's securIry would 6e lesseaed,the iasuiance prace�ds shalt be applied to the soms . _
<br /> ���.^,q::,: �.' secured by�this Security Insuumeut,whc,tYher or not then dne.with_any excess paid to Bom�wer. If Borrower abandons the . _
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<br />:,ac;�;,f; ..,t , :' - pcogerty.or does aot answer within 30 days�noiice fmm Lender that the insurance canier has offe�ed to seitle a ciaim.then
<br /> ',��,,- ' ` LendEr may coltecx the insurance pmeeods. Lender may nse the proaeeds w c+�sir or rsswie the Praperty or to pay sums
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<br /> ��- •.�. • secared by this Sewrity Iostiu�ent,whether or aot t6en Que.The 30-day pe�tad m�il begin whea the r,otic�is given.
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<br /> � ,;�-- _ 'Uutess Lendec and Borroa+�r atheiwijse sgt+ee f�writing,a�+ aFPlicutiion�e€proce�m griacipa!shstl nat.extend ar �
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<br /> < Postpone the due dafle of the meinthtY PaYments referred to in paragraphs 1 and 2 or thange tlie�n�nt of the payments. If
<br /> -_ ;:�:..�.� tindet paragraph 21 the Piapecty is acqait+�by l�a�er.Homnwer's right w arry iu�anc�e policies aad pmce�ds resulting&om ' _
<br /> ; . �amage to the Pmperty priflr w We acqui�ition sf�all pass to Lender to the extent of the sums secuned by tl�Ls Security Instmment _
<br /> .: :..�,.."� �_ •itumediately priot W the acquisi3ion. . , _
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<br /> _-` ,: : .,::,� .i: 6.Oocapanty.Prese�vatiaa,Mans�tamoe aad Pmtection of t�ce Pmperty;Bornow�'s H.s�n AppItcattont a.�sehatds.
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<br />-�.:�,"' `"�y -.�s .Borrower shal!oxup�t,esta�lis6,a�a�t�e ProPertY as Botruwer's principal n�sideuoe witbin sixty days after the execntion of .
<br /> '; � this 3e�auIty Instcunnwt arad sBaU comfIIUe to oocugy the Property as Bormwer's�acfpa}res�teuce for at ieast one year after
<br /> �` �'� _the date of occupaucy,v�IIe��.ender ethe�wise agrees'ia writing.wEdch concen¢s�not be anmasoaably witbheld.or ualesa _
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<br /> ;_ . s,;� . excen�ating cirtumstanoes�ist whici��e beyuAd Bomuwer's wntrol. Borra�;:�haIl not d�tray. dama�ge ac �mpair the
<br /> ':. ���:`� � �P�Y•alt�rs'v.'.t�e pmPr�ty to deterituate, or commit waste on ttie Propeny:�b5rrower s4�,Ee�•in default if eqy farfeiuue
<br /> �Y R�,a scdo»or g�jug,idhemer dvil or cruninal,is begnn thac in I.ender's good faitl��udgm��e�2d�suIt ia farfeiture of#se
<br /> ' `�� PropertY or othernise�y impalr the llen cr�4ed'�iy this`Security Tnsuumsnt or Lender''s:ah urity uuaest.Borrowei m�y
<br /> } '� •�� .st�re sucb a defauIt and c��te.as pmvided in para�apb 18,by causing the a��s�r pmce�to be d���ed vrith a niling -
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<br /> ` '��( ��„ :.°�Tiat, in Leader's gaad�#�d�ermination. ptec�a-tdes forfeiture of the Bono�x'�:�Gaest��a¢ie Propert�:�r adier mate�al � -
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<br /> :,, �..�;��. ��j ��Impairment of the lien cre�ted by t6i�.�curity�I�snrament or Lender's se�r►ry z�r�t.So�o?xer slfalt also be.in defai�lt if . _
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<br />- �•�;;�.,� Borrbwer.during the toan a�pticatia��s,'ga�e materiatly l�se or inacc�te�or�ost t�r statements ta Lender(or fai3ec� .
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<br /> �. tn pm�ide I�nder with a,e3r�aterial information)in ivm�eQion wIth the loan evi�:�by the Note,incIuding,but not limited
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<br /> ' '"j'`� to,�entatio�canoe�ca-���orroares's aocupaacv of the Property es a priuua�p�r�sidenoe.If this Secairity Insdument is on a -_
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<br /> ,. .,;,+:� � Ieacehoiil, Eurrawer st�.Q',`�mp1Y aritb aU [he pravisions of the lease. If B��er acqaires fee afle to We Pmperty, the ---
<br /> .�: r:�;- � Ieaseho2d a��'c�fee atlesLall not raer,e:unless Lender agrees to the mecger in wri�ing. � �:,,._
<br /> :-::,:�". ,:�� :� `'; . � �9.P�iott oP Lettaks's$tg@is�a 315e Prn�erty.If Borrower feils to perform the oovena�is and ageements contaime�in
<br /> L '�,„� - . � tiris Security�Insuument,•#ar'.?here is a.i�al praceEding tbat may SigniRcaatiy a�'ect Lender's r�ghts•in We ProPertY<such�s a
<br /> � � � { pmoeeding in bsalanptc� ..�Date.fat coademnation or forfe;ture or w eofatce l�aas os regutations),thea�nder may do and
<br /> , � pay for wt�atever is�s,'m�W protect the value of the Pcoperty and L,ender''s ao.gLts in the Pmgerty. L�rder's actions may
<br /> ' inctade paying any suar�s seia�red 6c;.�liea wPuc,h das pao�Ity over thia Seauity Instnunent, aPPeariuS in oowt, P�ying . .
<br /> ;.,>: �:,��'���' ' . zeasonable attorneys'fees and cnten��m i the pruperty to make repaira:Althwgh I.ender may take acxion uader this pa�agrapL
<br /> - . ',.. .; ",: ,� 7.Lender does not have�o i�q 90.
<br /> �'�:�i-.:�<t:�.�• Any amawus dis�6�ty Lentder under this paiag�apb 7 shall beooa�e addit�onal debt of Sorruwer secured tiy ttis
<br />_ , ' I Seairity Instmmene. Uc�r�ss�orrower and Iender a�ttee to otQer terms of payment,tttese amounis shal!bear imerest from the
<br />-- � =:•. -:� date of dis6wsement at iiie Note�ate and s1ia1!be payable. wiW interest. upon notire from Leader to Boiraveer req�ttng
<br /> -,'''`_ ': ' 1 P�n�- •
<br /> � ' 8:M�o�e�su�ace.tf Lender required mortgage insuiance as a oonditlon of matring tse toan seaued by this SecurIty
<br /> • �� `y Insuumeat, Borrower si�atl pay the premiums tequireif to maintaln,the mortgage ins�rance ia effect. If, for eny reason, the
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<br /> � � ��1. mortgage�ii�sivanoe coverdge requLed by Lender lapses or oeases w be in effect,Borrower shal!pay We premiums r�equired to. _
<br /> . � : -� ` obtain cove�age subste�tialty eciuivalant to the raortgage insaranee previously ia effect.at a oost substantially.equivalent to the
<br /> � � . � .:� cust to Borrawer of ths mmtgage insu:ance p�evIousiy in effect. from an atteroate martgage insurer approved by Lender. If
<br /> _, a substrmtialSy equivalent mortgmge insuianoe,caveeage is not avstliable.Borrower shal!pay to LenQer ea�h montA a sum equal to
<br /> ' . � >�a one-twelfth of the yeazly mmt�ge insurance premium•being paid by Borrawer when ttte insvra�ce roveraga tapsc�or oeased to
<br /> • ;, ;j be in effect.Lender will accept,as�e end cetain these payments as a toss.re.serve in lieu of mortgage �nsuran�e. Loss reserve _.
<br /> .. . . � . .:� • . . Fortn 8�28 9180
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