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<br /> . S. Haaard or PtopertY Insnreace.Bosrower shall keep the improvements now esisting or her •• :t
<br /> inst tosq by fire.ha�ards inciudea within the term°estended ooverage'and any other hazatds. ° .�.
<br /> _ `.� ' t l i e P t o p e r t q insured a g a ce.T h i s i n s u r a n c e s h a ll 6 e me�taiaed in the amauats
<br /> ��`�.,F;',. i n c l u d i u g t l o o d a o r tlavd i a g,tor which I�eader raquir�s i��
<br /> -. . and ior the perivds tDat I.ea der requires.T h e i a s u r a a ce c a e r i e r p m v i d i a g t h e i a s u s a n c e s b a l l b e c h o s e n b p Horrower ,:.
<br /> . °: . . s u b j e c t w L e a d e r's a p p r o v a l wtucL eha11 not be unreaso�abty�ith�eld.lf Bprrower faits to meintaia�a a a�r d a n c e with �.:'�;��
<br /> _,Q:� . � to t�c L e n d e r's r i t s i a t h s P ro p e r t 9' . .
<br /> �°.�i�� above.�.en?der may.et Landes's optiva.obtain coverege Pro $b` _ ..
<br /> -- p h . ble so Lender and ebaU iarlude a eteadard mortgage clause. . ' �
<br /> -t . .. ��Allp iasuraace policies aad renewata s�all 6e 9cc�pta Le d Borrower•shatl promptiy give'� ` �_�-�`
<br /> Lender ahaU have the rigat w hold iha palicies aad reaewals.If Lender requirea, rom t notice to the
<br /> • ' I.e,a�der all recaeiPts oi pazd�premiums aad renewal noticea In the eveat of Ioss.Borrawer sha11 give p P _
<br /> .�_.,�:.`��. ., ins�uaace carrier aad Leader.Lender may make praof of loss ii aot made PmmPUY bY�mnwet.
<br /> . Ualess LEnder ead Borrnwer ott►erwise agee ia writing,insurance Ptac��d.g shall ba applied to restosatioa or repair _
<br /> <:;_- � is ecoaomically feasible aad I.endetrs se�urit9 is aot les�eaed.Uthe
<br /> � �� � � of tha Property damaged,if the nstoration or regair would be lessene�,t�e ias�ranve Ps�ceeds shaU be - -
<br /> :F°..� ,� :.;`�� restoration os repair is na t econo m icalt y feasi'ble or Lande�s security d w B orrawer.I f
<br /> . � BPPlied to the eums see�ued 6Y this Securit9 Instru=nent,whether or aot then due,with�anp excess pai
<br /> ar daes aat aaswer within 30 days a notice from Lender that the iasuranc6 carrier bas �.
<br /> _ ; .;�;�•�.' Borrower abandoas the Pmpert9. ,�.I.ende�aaay uss the Proc�ds t°reP�°f -
<br /> � `:r` offesed to settte a claim,th�Lender maY colle�t the iasuraace pra c;:
<br /> , sums secured 1�Y thia Se�uit9 I��ment,�vhether er aot then dt�.The 3�day geriod will `
<br /> � restore4he PmperiY or to pay �
<br /> `:�... ,. . , -
<br /> ?.•:-r;.: . be�a when the notice ia givea . a Iicatioa afi praceeds to p�z.Ypat shall not eatend or
<br /> `^Y • .�;� :�:, Unless I.ender sud Borrower otherwise ag�ea ia writing,anY PP 1 aad 2 or c�tb�asaount of the paymeats.
<br /> . + � postpaaetheduedate o4 t6e moatWY PaY�entsrefe�redw ia para�ePhs hcces au�groceed.s
<br /> ` . y:.. para h 21 the Pro is acquued bY Lenaer.Hormwefs right t�aAy iasusause pd' ' �
<br /> �j.;;,: If vnder �P � ar to tlie tion ahal!pa�w Lender to tiie ea�azoi theairma � .
<br /> resaltis�S from�daa►age to the YtoPertY Pu a��on
<br /> ..;,.� ..�:_ ., `_
<br /> %1;' thie SecuritY I�stcument imtaediately pnos to th$acquist licat�am, ..
<br /> ' ` 6.Occ�pancY.liseservation,lVpaiatenaace aad Protection as Borrow�s piincigat residenc�a w�tth�a sistY d��
<br /> . - `°�`" Leaso�olda.Bonawer eball occupy.esta6lieh.aad use the PropextY -
<br /> :; `�, t esid aball continne to occupy the Propert9 as Botrow PsisuaFal
<br /> °` ' � `� � after tha esecution of this Seo�uity Iastromen
<br /> _.<'�-��,:�:1...�`� �d�for at least one year after the dats oi occupanc9.untesa I.eader otheswise agcees ia writiag,which conseat eh�11 -
<br /> �. . �,...:..
<br /> �'�, ' aot be unressonablp withi�eld,oi unte�eateauating circumstaae�s�W���orate��cammit waste bn the Ptope='�9-
<br /> - . ': �all a+ot desttoY,damage or impair the PropertY.allow the PropertY tbat ia Leader's
<br /> , :��..':,: :'y� Wiuether civil or cttmiaal,ia be8+tn
<br /> . � ;.�:.. Borrower ehaU be ia defavl�i4 suy forPeiwre actian or proc.eediag. � the tien created 1sy ttris.
<br />"�:,>, .. �' g o o d faith j ud g ment could�sult ia fotieiture of the Prnpert9 or otherarise materialtY� P� , vcded ia
<br /> ''-'�k;`'°`�.. �'�. .:�r, Se�aurifi�ment or 1Gaad�a securitY interest.Bormwer may c u r e s u c�a a d e f a u l t a n d rematate.ga P m �
<br />:-�;:'-: '. � ;:•.•' ParagraPh 1� bY eausiag the action or proceediag to be dismisged wi2�h s suliag thas, in Lender'8 8aod faith
<br /> determiaation.Preclu+des farfeiture of the Borrowe�'s iaterest ia tha Firoperty or other matQrial iiapairment af the lien�
<br /> , � e
<br /> . �; created by this Sec�r�t9 I n s t r u ra e.°t os L�e n d e i's s e c ar i t y i n t a r e s t.B a i r+u w e r s b a ll alsfl ba in default i4 Bosmwer,during
<br /> .� *�: ve materially falsa or iaaccurate iaiormatioa or statemeaw to Leader (ot f a i 2 e 8 ta _
<br /> .� . the loan appti�ation proc�ss.ga
<br /> � �..,�� „ . .�" � pmv s•de Lender with aaY material iaformatioa)ia conuection with the loau evidenced bY�r�d��c�It tbis�Security : .
<br /> ' . �,.—�� ' limited w,repmsentations concerning Bonower's occupanc�+of the Property as a ps�ittcip ieetitlew _
<br /> ,�`.'��� Instrument is on e leasehold�Borrowet sha11 cosc►PlY W�th all the P�visions of the lcase.IiBorrower soquires
<br /> • thePropert9.theleasehold aud the fee tifleehaU uot mergeunless Lender a�reea to the�m���ffi aad agteemento .
<br /> . 7.Protectioa ot Laude�s Rights in the Property o B°n°�t may sIgu�if'it�ntly affect Lende�'s ri$hte it►the .
<br /> . cantaiaed ia tbts Secarlty Inst�usaent,or there is a tegatate. fo�ndemaation or forfeiture os to en4oroa laws or
<br /> � ._' gtopertp (such as a prosxeding m baakruP�9. t� �the vslue o4 the Propert9 and Lender's -
<br /> . �:`�•,.� ' far what�rer is necessar9 to pro �
<br /> regulations).thea Leader saay do and paq aa sUms secured by a liea which Las prionty over this
<br /> . ,"'�. rig6ts in the Proporty.Leadar's actions maY iaciude paping Y oa tDa Properiy to make repaire. .
<br /> . :t�'��� reasona6le attorr.�fees a�d eaterlaS� —
<br /> �:.�<.�..:. .. �;��,��; SecUntY Instrumeat,$PPearin8 ia court.PaY'��
<br /> � ���'''p� AlthoughLender may tska actiott uader thiaparagrapL 7.I.ender does nothavato do so.
<br /> ����r�� �� �•'' .:'��.� � ` Any amouuts disbursed by Lender under this paragraph 7 sbatl become additioaal debt oi Bonawer ew�red by this
<br /> ' �:•��:�` �.� . en�Uuless Bonower and 1.euder agtes to other terms o4 payment,these amounts ebaU 6ear iatere.at
<br /> - .:,'.: S�uritq Iast�at II IIOt1C8�fOA1 LCIId47 LO B0lt�NCf -
<br /> �".� `.� _'� .� 4tom the datsof diebnssement at t�e Nots rate an�8�1�payable,wishinter�t.�
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<br /> • ,�' '''v'� �peYmea�
<br /> 8.Mostgsge Inso:ancs.U Leader required modgage i�sanee as a cvaditioa of flaakin8 the loaa se�ured by this
<br /> .;�'. �����: Secvrit9 Iastrument,Bafrower s�a11 pey the Psem�ums requued to ma�ata�a tha mortgaga insuranca ia eflect.If.for aaq
<br /> 'v`�� � � � r�son,the mortgage insura�nce coveraga requued bY Lender laps�or ceases to be in eiPect�Bonower aba13 PaY� ___
<br /> � iouslp�etfect,at a cast
<br /> � . uma�equ�ted to obtain coverage substaatiaUp equivatent to the mortgaga insurance Psev = -
<br /> �. : ,:,.;.:� P� i�asuraaae Previovsly ia effect,fscm aa elteraata =. __
<br /> .:}.�::��. . substantialEp eqwvalent to the cusc to Borrower of the mortgaga
<br /> . ',,E.�'Y;�?��' m o rt g a g e i s�n e r a p proved b q I.ender. 1i aubstantially equivalent mortgage insurance covetega ie not available. �._-
<br /> ''` $ornower s9�oU pay ta I�der esoh moath a sum equel to one-twelftb o t t h e year ly m o rt�g e i n s u t a a c e p r a m i u m isein g _
<br /> . - - p n i d b p H o r t o w e t w h e 3 o�Z e insusaaoe covtta g e lapsed ar ees..�d to be in ef��Lender wiU accePt,uss and re�ein tIlese
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<br /> . _ paymente ss�a lass res�rva iu liev of mortg�age msurance. L oss r e s e r v e p a Y m a n t e m a y u o l o n g e r b e s�q u z r e 3. �;_,,
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