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<br /> � `�� f �' S. Ha�l or Peoga�ty In4nsaaso� 8otro�rer stutlt tceep't�e impmvemeats aow exLs�iag or hereaRer esected aa tAe .
<br /> `'``: Pmpe�y insamd ag�si toss t►y fitc.bazards fnsludeQ within tde telm"�wvetttge'aqd any other hazat+ds.iast�dieg
<br /> ,'x`: 4';�..'Ff,� . R�Or�,far w�ich t�endec requir�imsuraac�7Y�is iawra�ce sttaall6e maiatairie�in the amnums amd tos tfle periads
<br /> ����,�. . � that l.ender re�uir,�s.TGe ensuraaoe carrier pmviding the insurance shalt be cho�ea by Borrawer evDjecc to f.e►tder's a{sprovat
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<br /> ., �u � whic�shall�not be t�onnbly wid�heId. If�rrower faiYs ta mai�tn oovetage described above. L�sder may.at icmdsr's
<br /> =-.`'���' option,obi�n coverageto protect LmBer's tigitts i�i1�e Fraperty in ac�ordans�ve�tL paragrayt�?. -
<br /> �'� � Ail iasurdaoe,policies aud�ewats sha�1 b$aooe�►table ta Lender and s9�aU.iacbtde a staadaid motigage ctause. Leoder
<br /> .` �`� s�all have the egbt w Ituid tI►e pa�ilcIe.s and renewals:!g Lender requites.Bonnwer s�aU pmmpUY Bive toleader al!�eceipis of �
<br /> . `,.• ':���;.:;:;,`�� paid pcemi�s and reuewal natices.In t�event of toss:Barrower sba1I ginre pmmpi antice to ihe ins�urmsc��carrier ard t cuder.
<br /> ,;'�` �," <�<,3� � Lemder may make proaf af toss if uoi made promp8y by Hmm�wer.
<br /> :. ;.'' ,:., � Qnless Iaa�der aad�izawer at'hera+ice agcr�in writing;insutanoe prooe�ds sLall 6e applied ta restoration or repair of tLs:
<br /> ``":�..� �.:.:�= l�co�pje�rty damagrd,if t�e�an ar repair is eoonornic�lly feasIbls�,nd Lendet's sec�arity is uo�Ie�eaed.If the cestoration or .
<br />' �,`4 � �4� IC�6�f IS�Z ecoaomicaily f�ie orl.ender's seexirity wonId 6e te5sened,the�nsumnce praceeds sBa1I be appliod ta the smms '
<br /> • . ,, ',�, sec�ied 6y mis&eauity Insuument,ahetAer oe aot then due,wit6 a�ry eae�s paid M Bomawer. If Butmwer abaadorts the .
<br /> `s:�.� ' Property.or does itoi answer g7tYiin.3�days a notice fmm I.ender ttisi t11e�eo carrIer has offe.r�w stttte a ctaua,then .
<br /> -�;�;.;_,r:.�, I�eader may ca1�the insivanoe proceeds. Lxuder may use tIIe pmceeds m mpair or r�wre the Fropetty or ta pay sams
<br /> . .,�: �secated by tfiia S�arity Ins�nmem,aheiher or nnt tHen due.The 30�day periad a+ill begia cirhen the nosioe is given.. .
<br /> , Untess Lendec au3 Bmrnwet otheryuise�agce�tn wtitfi�,anl►�pHc�oa of prace�:to p�inc'spa)shaD not extea�or �
<br /> �. '���,� •: P�P��.ti?�due date of�lte rco�tht�payiaeppts refeAred to ia gazagrapbs 1 and 2 or d�ahe amount of'the payments.If
<br /> . ,.,:,: ,� usWer.F^�21 ths P r+n p e s i y is.�i i r E d.6y•I�adet.�ariower s right W ariy i�csu�auoe l�es and Pmc�g r�Wtin$fram
<br /> , •a ;� . < '_ dama�e to tfle Progcrtg�r to tlre�oa shaU pass w Lzader m the e�t of tLe sums secured hy.this Security Y a s tr a m e c t t .
<br /> �:�: �irtmte�iaLeIy prim ta t�ee�uisiuon. � �
<br /> "� ',�.�,;,, . ' 6:Ocs�paazy,l�►at�o�a,M$iatenan�aad Ptole�toa of th�ff1a�Ey;8oa�ra�+er's Laan A��tEon;leeaseitoidg.
<br /> .i� `• ,�• , ����` Boaower shaU ao�apy,estaDlish,and�nse t�e property as Borrower's prinapat residence wlthm suty days�fter tLe execuiion of �
<br /> - �'tbis�yi Lutnmrent and sBaII oonWmie to oc�Y��P�Y��2S RomswefSpiinripat r�sidense farat te�t ot�e� . _._ .
<br /> � � .• the date of oixnpancy,untess Lender othrawise agrees iii midag,,whic�cu!�#sha11 not De ann�asunaHly wit3theId,or unless •
<br /> � • ;`��'�. "..� extenuatin� ci�a�stanoes'exist wiucU ste beyond Barrower's onnttoi,.'°�a��et shall pot destroy. iL�age as mmpair the'
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<br /> `�:',.;,��.� ptaperty,.aliow the�COFe�ty w deteriorate,or oommit wastc on t1�e I'io��iBomuwes s6all 6e in default if any forfeiwra
<br /> r F�,i �r�F '. actian.as�"�oneeding;ahether civit.us crimin�l,is began that is�.I�uder's�aa,�,�tH,jr.rQgm�t oonId'resnit ia farfeiwre of,the
<br /> ; � � Fmperr}r or other�vise materialiy ia�pair�ihe lien created by ihis�a.-ti�.Insst�i or��tlt�t''s stauisy inierest.Boaower may
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<br /> aue such a defaalE en�reinstate.as pi�+avided in paragraph 18,by�usi�t��tion or•p�ng W 8e dismissed wiW a nilin$
<br /> ' ' =:: that. ta Lender's���uitly detemnination. Precludes forFeitrm of ihe�gaaxu�er's�interest in th���a;-��=- - -
<br />-..,,: �`� � ` impailmeat of:Irz�i�ta.oa,eat�d by ttiis Secarity Instrament ot Lender's so'ati�►tY�interc.�l.Boaower stq.�.a�so be in defantt ff
<br /> -:-t�:'.:-.;=��_ . Benswer.duri�g t�e�to�application pmcess.&�ve wateria�ty faiss or ir�accarate informat�oa at sta�ra��tsto Leader(�r fa�ied
<br /> :, �.:; � , w pmvide I..ender arith aay materiai infom�aBon)in coane�tion witb the loan evidenoed by the Note,utcIndiag,6ut ttot limitted
<br /> , • '. , , ` to,rePresentatIong cona.-ming Bormwer's occupancy of tha Propemy as a principal residence.If Wis Securiry Insuument is oh a
<br /> ----- —�'�: teasehold,'Borcowei sha11 comply wIt6 aIl the provtsions of the iease. If Eorrower acquires fee titl�w the Piopesty. the
<br /> . ,.. .<�,':' leasehold aad the�'ee tide shall Bot merge imtess Lender agrees to the merger in writing. • . . ,
<br /> ,�.,.;;,���:`�.';,,� � � 7.Ymtectfon of Leinder's Yiights W t6e Pi+operty.Tf Borrower faila to perfosrn the c�venauts aad:�auet�ts comtaiaed in
<br /> " � �S�„�y tn�n,�m�nt,or thee�a is a.2ega1 proceeding that may signifirantly affect Lender'$rights in t�e ProP�Y(���.a
<br /> "'`�'� ��`� bate,f�.condemnation ot forfeiptu�or to eaforce taws or ons).thea Ixnder ma do and
<br /> ...-�?�4,�.- Pru�:ic,cba�µpuy,pio t�?� Y
<br /> .,� # . pay for wtra�ar is :nt��ssary to prot�t the value of the Prapr�and I.ender's rights i�ii�.�oFertY.Ixnder's asaons may ,
<br /> ��;:_: .
<br /> :�. - � i�ctude paying any�a�a sesured by a Iien whic# h�s �i�,uri�?,ov.er this �e�urity Insttuateni. app�ultt3.in oautt. DaY�&
<br /> - ?� : reasonabie attoms�±c"°6�.s and entering on the Propr�t.y�ta.qndL�i�pairs.Attruri?�Ixnder may take actfa�.�ter tbis paragapb '
<br /> ;.';.,;.•:.�,:, ,� . `• ,.. •.. , ' � ,: ,
<br /> . :�;;;��'� .: „ 7.I.eader�oes aot have to Qo so. �• . ,
<br /> " �°� `1 Acy.;ama�tss disbwsed�by Leader uuder this para�•rapit���shal! Oecame additiona!d�Dt of BoiroMer �tred,.�y this
<br /> ��',� . Sr.curity•�ss'hument. UNess Bosrower and Lender agiee w other terms of
<br /> i��`,y , �'r• . PaYment.tttese amounts s6aE�6cxs iaitet��,w*•a the
<br /> -. ::„r,�: �. ;;,,r date of dr�outsetnr�t at th�Note tate.and shail.�payable.witb interest,upon notice from Lxndet ta i�zrowerre�nesting .
<br /> � ' �}.� paymenc,',,; . . : .' . ' '•. : �. ..
<br /> �, $,�' '��.�e.,araace.If Leader required mortgag,e ins�rance as a coadition of makIa�the Wau's�b}r this Security. .
<br /> ��t��tilij i.."�
<br /> � Instnu�►ent. BorrotV�F shalt paY the Premiums r�equurd to ma9ntain the mortgage insurance in effea. If,far aay reason.the
<br /> .. �r`��'•: . :��° . mort�age insura�e r�esage require�6y Lendet layses or ceases to be iu er�ect,Bomower shall pay t4se preariums r¢qnired to
<br /> ag
<br /> � �"� �obtain coverage se�i�ally eqaivalent to the inartgage insurance prevlonsly in effect;at a oast snbst�.r.ifafiy equivatent to the �
<br /> .:.> ` oost to BoYrower a�_�e mortgage insurance Drevfously in effect, from an aIternate mortgage insurer appra++ed by I�;u2er.If
<br /> . :: ,# substant�:fy equivalem mortgage ins�raaoe ooverage is not availabie.Boaower sha11 pay W I�nder each month a sum equat to
<br /> , .. •�� or�-twelRh of the yearly mortgage iasurance premium being�aid by Honawer when tUe i���*a�es coverage lapseQ or ceased to
<br /> � � be in effect.Lectder will aaoept,use ffiui n�sin the�e payments as a Ioss reserve in lieu of mori�e insurance. Loss reserve
<br /> ' � ' j Fartn 80Z8 8190 "
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