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<br /> . 9�,� 1 :
<br /> S. li�a�rd or Property ln�ut�nce. Horrower ehdl koep tho improvcmaiite naw oxieting orTieru rOStod on _
<br /> ',''' " th�Proporty inaured��ainst loee by tfre, hszards includod within the term "oxtendod cov�rego"and any o4h�r ha;urda, �
<br /> . including tla�.:or f1oa3Ing. tor��hich Lcnder requires insurnnce.This incurnnce chall be maininined in the nmounta �
<br /> ; '�,� �nd for tho periode that Lander requires. The insuranco carrier pmviding the inaurance ehtll bn choeon by Borrc�wer _
<br /> '� �ubjact to Landor'e tpproval which eh�ll not be unreesonably withheld.If Borrowor fail�to maintain covorege described
<br />,.,� nbove,Lendor mey,et Londer'e option,obtain coverage to protxt Lender's rights in the Property in accordance with =
<br /> _ paragraph 7. -
<br /> s=r" All inauranco poUcies and renewale shall bo accoptablo to L,onder ind ehe11 include a�:sndard mortgage cleuse. -
<br /> � Londor ehell have tho right to hold tho policios and c+enowalo. If Lender requires, Borrower shall promptly give to
<br /> . •� I.endor all rocelpta oi paid premiuma nnd renewsl nacices.In the event ot tose,Harrowor ehall give pca:�pt nfltice to tho
<br /> ` ineurance carier and I.onder.Lender may make proc�f ot l�se it not made promptty by�lorrower.
<br /> ;>-•��,',y . Unlese Lender snd I�orrower othcrwieo aqroo in wciting,Insurance proceeda shall be ip�iied to res:�r�tian or repair
<br />;�.�;,:'j> , � . of tho Propecty damaged,lt the restoratton ur repair is economically feasiblo and I.ender E.�.�ity ia not Qe�eried.Ii tba
<br />_": ,�,!-�; : . rartoration or repair ie not economicdly fe�siblo or L.ander'8 security would be lessenal,tito'snsarance prcxeeds�hall�e
<br />-``'4;'1;�,;` appliod to the e�ime eecured by thie Security Instruinent,whether or not then defo,with my eYCese paic7�v�iarrower.If
<br />-v`��:����• Borrower abandane the Proporty,or dcxa not mawer aittiin 30 daya�notioG Pr�^r.Lender that the insumrr,�s carries hae -
<br /> ---�',h':�' _.
<br />,.•_;`��,;;y,�.�� ofierod to sattlo a claim,then Lender may collect thtl insurance prcee�acts.E.rs.:cier m�ny uea tha�rocee�;a to repair or =
<br /> -°�.;.;s,,, restore tho Prpperty or to pay sums eocured by thie Security Insrn::.xcnt.whethor or not than duo.The 3Q'day poriod will
<br />��':;i. . begin when tho notice is given.
<br />_._;�;;Y;,,_,_ [lnless I.ender and Horrower otherwiso agree in writing,any appfi:ation of procads to principal ehell not ertend or =
<br /> _�=--�"- postpone the due date of the monthly paymente referred to in paragrapt►d 1 snd 2 or chango tho amount of tho paymente,
<br />'`''��°i` ' I[undet pttagraph 21 the Property ie acquired by Lender, Borrawer'e right to any lnaurnnce policies and pmceeds
<br /> �`-L� � resulting from damage to the Property prior to the acquieition ehell pese to I onder to the eYtent of the sums eecured by
<br /> -'�-�`v��� thie Security Inst�ument immedlately prior to the acquisition.
<br />-:�,t:l��., 6.Occupancy,Preaerv�tion,M�Iatoaince�nd Protaction of tho Property;Borro�ver's Lwa Application;
<br /> - Leaseholdt.Borrower eh�ll occupy,establish,end u�the Property�a Borrower'e principal residence withia sirty days
<br /> -=:.�s��,•,� dter the execution of thie Socurity Inatrument and shall contInue to occupy the Propertv ea Borrower's principal
<br /> �?;;,�,,� residanco for at leaet ono year efter the dste of occup�utcy,unlese Lendet othorwise agrees in writing,which consot►t shall
<br /> - not oe unre��onabIy wiinhcld.or unl�e o:teuuaung c,-�cLUme�eu�c;cn vuni wiu�u src ooy�iw iueiv�'rce n wuuv2.uva ivTiroi
<br /> --=,"` t`� . sh�ll aot destroy,damege ur impair the Property.ellow the Ptnperty to deteriorate�or cornmit waeie on the Property.
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