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<br /> ,�. �!v .u V�lleIIL9IIdW 6ffiStIII� �1�f�H���OII �� ^-
<br /> ' S:Hesard or Ptaperty►�nsnfa�ce-Barrower shall keeP the impro
<br /> �nsured agaiasE tos by Cre.ha7ards inc�it�sw'anc�Tius insnrance shall be maintaiaedi a the amo�ts� '- r�
<br /> , ..<.. �- ,� the Praperty' ga .,. _
<br /> � ` � � including tluods or flooding.Por wYnch I.en re9 2 .r . :
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<br /> ,:t� ..� and for the Qeriods that Lender requir�s.The insurance catrier grovid'u►g the insuraace shall.be cho�n by Borrower ;�;`i
<br /> ��. subje�t to Lestdea�s approval which sball not be unreasoaably withheld.Ii Borrower fails to maintain�aceo�rdaa�ce With .".;�;�"
<br /> `-.`�_' - above,I,endet nsaY,at Lettder's opt�on,obtaia covetage�Pi''�tect Lendet's nghis uoi the Pcopert9' .,, _
<br /> -- - • ` � paragraph 7. - •.'
<br /> bte to Leader aad st�a11 include a staadard tnortga8e clavse. '�
<br /> ,_: � 4�.;.:` All msurance policies ana renewats shall 6e accepta � �;___
<br /> :'�=.,:>:�..;�,::= Lend�r shall have the right to hold the policies aad senewals.If Lender tequire.s. Borrower sball prampuY ��� . _
<br /> ,,;t�:.;_
<br /> Lender sil receipts o4 paid premiums aud renewal notices.In the eveat of losg.Borrow H��ve prompt notice to the _ --
<br /> - insurance carrier and Leader.Lender map make pr+oof of loss if not made pramPtl�pall be applied to sestoratioa or repair
<br /> Unle�Lender aad$orrower otberwise ag�'ee ia writing,insurance Pracee� s securitY is not lesseaed.If the �_ �.�:
<br /> : erwi
<br /> `.'r,, ':. . .� of the PmpertY damaged,if the resWrationor repair is aannomicaUY feasi'ble a�Lender' ��shaU be �:�-
<br /> '�,.,:. ',:� ,.<:`.;, restoratioa or repair is not ecoaomicallY feasi'b2e or Lende�a securitY would be lessened,the��d�to Borrower.If �-`_ -
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<br /> � ' � ''` applied to the sums secured by tbis Securi� aasover w�in 30 days a non fraas Lender�t1*.aE she'm�surance carrier has -
<br /> .��;:,f ;,;''..��;'� Borrowerabandonstt�eProgertY ceeds to repair or - _
<br /> ' - : offered to settte a claun,�sums secured bY this SecnritY Instr�ment.W�ether�or�aot�due.The 3I)-daY periad wilt .
<br /> �;.-�"; �� ;..:�, . �tore the Pmp�9 or to pay ,
<br /> ' � ' :-< i begia when the notice is g�ven. ' � 8 t�cation of groceedg to P�inciPat sh�ll not escend or __--
<br /> �� �;-.', �;;.'.r Unless Leader and Borrotver otherwis�e a in writing.apY PP� ---
<br /> �. �`_.::�::N;: ��pone the due date of the montUlp paymenta nefen�cd to m ParagraPhs 1 and 2 ar change the amount of the payments. ' :.:
<br /> - <...r, ts I.endes.Bartowe.�a right to any insuraaca poticies aad proceeds
<br /> �_ ._ _ ��u�.des paragraPb 21 the PropertY' ��� tion sHaU pass to Leader to tbe estent of the sums secured by �:" -�`.;
<br /> resulting from damage to the Fropercl�ri�T ta tha acquisl
<br /> �";., tion. � .
<br /> ,.:;.;` this Se�urit9 tnstrumeat immediately p�i�sr io the acqwsi �
<br /> ' •:":;:� 6.Oocopaacp,Preservation,r����and Psotection oi the Propert�B�s�o�v d�wi h npsisty days
<br /> .,.;��,.;. . . as Borrowe�s pnaciPa�sesi �
<br /> Leaseholda Borrower s h a l l o c c u p y.estab l i s 6,and use the Property the Property ea B o r r ower's g r i a c i p a l
<br />`�.�`�-.�= .. `�`-�:�" . after the e�ecution of t5.is�Se�tnit9�a�ens and s3�all continue to accugy in wriUag,which cansent shall .
<br /> residence for at Eeast aae,pear after the date of occupancY.ussless Lender o�r�s�a�
<br /> �. -` :`. ces e�st which are beYond Borrower's control.Borrower
<br /> `� '� `..�;��; not ba vareasvs�ablY withheld.or unless eacenuatingcucumscaa :
<br /> � allow the PropertY to dete�iorate.or commit waste oa the Progerty.
<br /> ' ti :� • s1►aU not destmy.damBSe or impair the Properiy. whether civil ar criminal,is 1�egua that in Lender's
<br /> . - Bonower shall lse in deYault if any forfeiture action or proceedinr otherwise�ally impair the lien aeated by t6ig
<br /> . .�.::�. � good faiW JudBmen�could resutt in forleiture of the Ptupert9'
<br /> ' Security Iastrnment or I.eade�s securltp interesc.Borrowet may cure sucs a de4ault�t, m'�Lend�spgaod fai'th
<br /> . . . - P�B�Ph 18, bY causinS the actioa or praceedinS to be dismissed witft a ruling
<br /> , ;; • e�ludes forieiture of the Barrower's iatesest in the Yroperty or otAer mat�rial impairment of the lien
<br /> �;;F` determinahon.Pr ��ment or I�ender's securit9 intcrest.Borrower shaU also i�ia deiault if Borrower:durin$
<br />- . . y�::,'::� created bY thia Securit9
<br /> the loan applicatioa process.Seve matoiiatly faLSe or inaccurate infosmation or statements w Lendar (or faited to -
<br />_ provide Leader with eaY matenal iaformation)in conaection�s�Pmperc9 as PS riac'b Pal r���•�Sec�mty v
<br /> ,. .� 1imited to.rePresentatioas concerning Bonowei's accupanoY fee tit�e to �;.
<br /> , `,f In,strument is on a teaseflold,Bonower shall comply witb aU the provisions of the leasa.If Borrower acquites _
<br /> . . . ..'':.`.;�ft„ -
<br /> . .;,�,: th+a leasehold and the fee tide ahaU not merge unies.s Leader agtees to t�����a��en�s -
<br /> .�� ,°� .: . ;..� the Propert9� Tf Borrower faila w per�
<br />_ � Z Protection oi Leudes's Bights ia ttte PtopetlY• tcantiy afPect IRadet'e rig�tte in the _
<br /> . . coataiaed ia this Securit9 Instrument,or there is a prgi�ats�fo�vo desanation•a�r forPeiture or w enforce laws or -` �_
<br /> .. , g�opertp (such e» a proceeding ui bankivptcY. tect the value of the Property aud Leadei's .�
<br /> ,,,•.�S regulations)�then Leader may do aad pay for whatever is ae�ar9�P� _
<br /> , : "�`��:'�%, rights ia tho PropertS►.Leade�s actiozas may iacluda paYing ar►Y sums secured by a lien wlnch has Pto m e reptaire- �m�j" _
<br /> ::�;�i'� Se�urity Iasttumen�aPPearin�in coure.�saYing reasonabla attorney�fees aad eatenng on the Property . _
<br /> . .,.`'::;,, ` AltIlough Lender may take action under thie pasegraph 7,l.ender does not hava to do so. . G,..
<br /> �� � �>'f��°`� h 9 ehaU�becoma additiaaal debt oi$ortower secwad bp this -
<br /> 6_`",: • AnY amouats diabursed by Lender under thia paragrap ..--
<br /> �:{;;;�I .�`� , SecuntY IASt�mep�Ualess Borrower and Lendet agcee to other terms of paYment,these amaunts ehaU bear interest =_- `
<br /> . ' from t h e d s t e o f d i a b u r s e s nent at tha Note rate and shall be peyable.with iate�+eas.upon notice�rom Le�der to Bonower p,:
<br /> 5:�.,.. . . , � :
<br /> J,', -.. requestiag f,raYment �nsuranoa es a conditioa oi mekiaS the Ioaa secuted by t3�is Rl -
<br /> �,.�,� �,.. . 8.1�Sart#8a�o Inenraace.If Lender required mostgsga'n .-
<br /> .,.,�:r�� :�: , �' � . --
<br /> :��:,,.� .. � Se.curit9 Instniment,Borrower shall pap the premiums:equired to maintain tha mortgage iasurance in eifect.if.for sny �.
<br /> � reason:ttie mortgage insuraace coverege requue�bp Leader lapses or cea.�lo���f��iously��fect.at a eost :,�:-::.
<br /> .. gremiums r e q u i r e d t o o b t a i n c overa ge substantial3y equivalent to the mortgage vious l sa e f f e c t.f r o m a a a l t e m a t e ;.;-
<br /> �` � substefltially equivaleaE W tha cost W Bortower of t�e mortgap,e insu�suce pre ' Y .
<br /> ort iasurer a roved by Lea�. U substantiallY ec�ssva3e�t �°�R��a ��� COVerege is aot-available. ��._
<br /> . . �'�;`,•�t: ' tn SaS� pp to o�e-a�eUtb of the yearly mortgage insutaaca preauum baiug ��
<br /> . Borrower shall pay to Lender each month a eum�or ceased to be iti eflect.Lendet will accept�use aad retain t¢asa. ` .
<br /> .. ,. . .';.`}� paid 6y�orrower when tha insurance covetage lapsed
<br /> ., . � payments as a loss rPServe in lieu o4 mortgage insurance. Lass reserve paymeats �nay no lon�er be required. ;., -_
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