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<br /> 98-x��sa.s�
<br /> 5, H�nt�rd �►r' H�olxrlY 1�+►�nce• Ek�rrower zhall kcep �he impravcments now eMisting or hercAfter crectai on �he
<br /> Pra�pany ineured��inst 1�,<s by fire, haa.xnls incluclal within the trm� "exttndai coverage" an�l uny o�l�e�•h�uu�ds, i�x;luding
<br /> ttoods or fl�xxling,for which L.encter re�uires tnsurrrne.This in.ura�K�e shAll lx muintained in the umounts rn�1 for ihc pericxls
<br /> tl►ut I..ender reyuires. 7'hC insurn►x:e�arrier providing the insurance shnll bc choscn by Bc�rrower subj��ct ta l.ender's uppn�vrl
<br /> which shall �wt b� unreac�mably «�itl�hcld. !i'Barmwer fails in n�xint�in co��etage dcscribe�i above, l.encler m�y, at I,etxkr's
<br /> option,c�btain coveroge to pmteci l.ender's�ight.r•in the Pmpcny io acairclwncc with puragraph 7.
<br /> All insu;xnce policies anci renewuls shRll he wcce�table to l.e�xfer and shall incluJe a sarxlarcl monbnge clnuse. l.e�xler
<br /> SIIaI)�18VC(I1C fl�'IIl 10 IlOI()lI1C FfQI1CICS pll()ftlliCWAIS. If I.C11(ICI'�'CQU�(CS,Hc»rmwcr sliall pmmpdy giv�tn�.�;�xier all rccci�iF of
<br /> gnirf.pm�nivaar.s.�nrl.r�:n�wal no�ices. In the evr.��r.r�f loss.Hc►+'mwM';,1tall�ti.vr,pmmj►t�x►tice to tha irr.su.r,�nce .rerrier and l..cnd�:r.
<br /> T:.ender.tn:,y inakr,proc�f of las.+if�xn nwcM per�nip�.l.y by 13+cirmwr.r..
<br /> IJnless(..e+xi�cr anct Bnrmwcr othcrwisc agr.+x iir wr.i.r.itt�, i.nsur.a��prnccods shall bc applial ta msconi.ioi.r.r�r. mnair.c�f:tl.te
<br /> prc.�reny danwgecf,iP the restorutinn or re{�+ir. is econr�ni.c�l.ty feasible atxl Lender's securiry is not 1.e��.seuraJ. �f U�e cesioratiun or
<br /> repeir is txH e�:otx►tnically fcatiible or IxtxJrr.'s secu�:ity w��[�,be Iessened,tF�e insurance p►�e.is sh:�Jl.be a�pli.od:ta the sums
<br /> secur�xl by this Szcurity lnstrun�ent, �vhetk:�r c1r «o+ lt�en due, with arty excess paid tu 8on�wer. Cf: 13anoa�er abandons che
<br /> Property.or does not answ�er wi.ii�in 30 ciays a�x►tice from Lerxler that the insurance sarrier has ok7er.rd:to setr,le a daim, thtn
<br /> lxncier mny �collect t�k insura.nce �mca.'ds. l.e�xlrr ma� ii:�: the proceeds to rcpair �r rcstorc thr Pxo{�er.tp w' to pay sumx
<br /> scti.�urod by this Securiry Ins�rU.i�ne+ii:.wht�her or not thcn.du�."P,'Eie:;0-daY P�r�od Wi��be8�n when the nc►tice is�3i.vre►.
<br /> Unlas Lender arni Borr.r�vrer otherwise agrce in wr:i.ti.ug. uny application of procoods to prin�:eRal s�iaif cx�t eztcnd or
<br /> postpon� the due datc uf ttk enonthly paXn��nts refert�cf.t.v i.it�r.sj3ea�tns 1 and 2 or change the mr.xw.ur.of rJre payments. If
<br /> undcr paragrnph 2T.chr.Propeety i•,acyuur.exE b�L.cncber.�l�ww+.�r.nuur.r"s r.i.gP.r.r to any insurance policic�a�xl.pmcc�eds resulting from
<br /> datnage to the Pn�►.t.y�tx.'r.or.ca ch�;a�.'9u���':°'�+?sJi�1L tm�r.a f..e+.xf�ei ec�tl�e extent of 1he sums sacam�d I1y c[�.i.s Se,cvr.iry Instn►mrnt
<br /> immediately prior.i:rn iJx:�q�ii.sii��m. -
<br /> 6.Occupwncy,Rwese►v�tion,Malnten�nce�rnd P�teetian of the Property; Borrower`s Luru�Aq�phcAtion;l.ta:eboia.
<br />, Ebmow�r shxll occupy,establish,s►nci use the Proporty as Bormwor's principal residenc�e within�c�,xcy�la�:�after the execution of
<br /> th3s Sc:�:sit�I�:ss:ts:::cat a.sx!c�A�l r.�,ntinue to oc:.upy the Property�Borrower's principal residetxr,e f�r at least one yar after
<br /> the d�te of occupanr.y,unlcss I.ender otherwise agrees in writing, which rnnsent shxU not be unreasonebly witi�neid.or unlcas
<br /> exteauating circumstnnces exist which are beyond iiorrower's control. Eforrower shall not deslroy, damage or imp�►ir the
<br /> Aroperty, allow tl�e Amperty tn deteriorate, or commit wnste on the Pmpr.rtY. Borrower shall bc in default if any forfeiture
<br /> action or proc�aling,whett�er civil or criminnl, is begun ttiat in Lender's gcwd faith judgment could result in forfeitu�e of the
<br /> property or oUiorwixc matcrially impair the licn crcntai by this Security Instn►m�nt or l.ender`s secut�ey�interest.Borrower may
<br /> cu�such a defauh atxl rtinstute,as provided in parngrnph 18,by causing tha ection or proceoding to 4�e cEismissed with a n►ling
<br /> ' , ,thar, in Lernier"s good fuith determination, procludrs f'orCciture of thc Borrower's interest in the E►Qaperty or other mattdal�
<br /> .i�pnipttxnt oF the lien crcatcd 6y this Security Instrument or Lender's security interest. Botrower shall alw be in defiult it' �.
<br /> � Bortower,during tho loan appllr.ation process,gave materially false or�►wocurate inforniatiun or statept�ms to I.tr�der(or f�iled
<br /> • to provide Lenci�r with any material inforn�aticm�in connection with the lonn evidencal by the Note;3nclt�ding,but not limited
<br /> to,•�presentations corjcerning Borrower's acc►�pnncy of tho Propeny ns a p�i�wipal rasidence.If tbis`Security[nstn►ment is on a�•
<br /> lari$thnld, Borrowor shall comply with xll the proviaions �e�' the Iw�t. IT Liorn�wer r�equires fa`tide to the Property, the
<br /> leaikeiaafc�and the fet title shxll eiot merge unless Leoder��QCC:�to the mergcr in writiug. �
<br /> 7:Yrote�ien o!I.ender's Rlghte in the Propc+'tv.if�Aus�a�owCr fct��s to perfomt•t!he covtn�nts�ur��d a�rx�ents rnnuuned�n
<br /> this Security Instrs�ment. or there is a I�.�al pr«:eeding that may significantty affat Lender's rigHta in the Property (such as R
<br /> p��ing iY�bpidtruptcy,probate, for cnndemnation or forfeiture or to enforce laws or negulation4), thrn Lender may do ad
<br /> puy for whacevcr is nocc.csar,v to protect the value of th� Properry and LendcPs rights in thc E'roperty. Lender's actions may
<br /> i�dude psying any sunu sec:ured by a lien which has prioriry over this Security Tnstrument, appcaring in oourt, pny�t►g
<br /> rcASOnable attorneys'fces arKl cntering un the!'roperty to make rePa�rs•Although Len�er may take a��tion under this paragraph
<br />- . 7.L.ender dcxs'nut[k►ve to do so.
<br /> ,•,�ny arnin+�e7s disbursed by I.ender under this paragraph 7 shall hccomc additionul debt of Ibrmwer securod by this
<br /> ;;;-a;:�,rir.y Instrument. Unlcss Bormwer and Letxlcr agra to other terms of payment,these amiwnts shall bear int�rest fmm the
<br /> r�'ie of disbursement at the e��•«ce ratc and shell be payablc:, with int�rest, upon nc�t+re from Lender to Bormwer nqu�ating
<br /> l�Yment.
<br /> +;� S.Ma�cR�:�,�e Insurance.lf Lender ra�t►irod mo�t8age insurance as a conditiop of mak�ng the xoan secured by this Secutity.
<br /> � Instrument.Jf�,r.�*�ower sl�all pay the premiums raquired to msintain the mongaKe insurunce in eft'�ect. If, for any reasnn. tlie
<br /> na►urtgagc insu�oncc coverage royuired by Lender lapses or aas�s to be in effcct,IB�t�rrawer shaU pay thc prcmiums rcquirai tc+ ,
<br /> -ia�Mu:in,cover.�e substantialEyr�c�U�valent to the mortgage insurance previously o�r.�tfarct.�t a cost substantially e�xeHalent to the •
<br /> • cos; �a Bocrawer of tl►e rrx+rt^�:�ga i�uurance previously in effect, from an alte�at� martgage insurer approva,��y� Axndsr. I�'
<br />;.{ su?�ntasdiail3� c��:.rcvalent mongage insur�,nce unvcrage is not available.Bormwer sh.ail pay to i�der each month a sur.m oq�uS a�a ''
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