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<br /> � 9$-�(�615�3
<br /> 3� Hat�rd �r pry�perfy l�urance. Borrowdr shAll toe{�lhe Improvements nc�w exluin� ar hen�aRer emted on the
<br /> Pmperty insurai �gniur�t l�nx by Gre. luu�rds ir►�:lucicil wltidn Liti;,tezm "extendcd coven&e"nrnl nny ahtr her�riir�, including
<br /> iloods or flcxding,for which i.endar ra�uira insuruw�,7'tdi incurarnx atWl be muinuined in the amounts�rx1 fi�r the perials
<br /> thAt I.�nder requires. TM insunutice carrier providing the insur�►nce shell be cl�nsen by$orrower subject to L.ender'a appmvd
<br /> which shtll �x►t t�e unr�asonubly withheld. If Borrower fRils to mnintnin covetagc described atwvr.. I.coder mAy, at Lender's
<br /> option,obtain caver�ge to prntoct I.cndePs rights in the Pra�Ry in ac�:ordanec will���xragr�ph 7.
<br /> All i�tsur+�nce policies encl r+enewxls shall be�ccepinbk ta Letxler and �hnll include a standard mortgage clause. Lender
<br /> shnl!furve the riglit tn I�old the pc�licies and rcnew�ls. lf l.endtr nqulres,�iorm�+�er sha![pmmptly give to Lender dl receiptf of
<br /> paid prcmiumss�e+e�ewal nc►tices.In the eveM of loss,Bonower shall give prompc nrN,ice to t,h�insurnrrce carriar and Leixler.
<br /> l..ender m�y m�ice pccao€.of toss if not m�e promptly by Bottower.
<br /> Unles..Rcrrd�er a.mf:ltf�r.mwer otherwise agroe in wri�ing,insnrance proceaF:�:�ttail.t�e a�pl.i,act r.�rrstoration or repair of tha
<br /> 1PmpoctX�ezf.iE t,f.�e resCoration ar repair is eeona�nirat[ly fcasibtr:and A.e��cler.',,r�ecuri,r,y is�mot[�.>senracl.nf ii�restorAtion or
<br /> r.rk�ai.r.'ss e�v�:accxyomricaJ'��f.�asible or Lcnd�r's socutnt:y wr�ld. f5e Gessa�af.,tPr insur�ce Rra.'oeds s�lp be a�Rf?Ii�to the sums
<br /> :_Y;,�w„�w��� ;,ks �.:W;:�r lr�t,�vment. whstleer or noR rh!r.r ��c,. w,ch an�r cxrsr.s.s paid to BorKrawa, ]f BorroNYr at�ndons the
<br /> �ko�xrty,�r l'ra�:.;:e►ot�w�r within 30 daya a�atio� frorm,l.e+r►�er r.har,tiae insur�ix.�carricr F�s uEt'erod to sdde a claim, �hen
<br /> I.erxler miy�tvtf�,�!11he ee�swranoe procoais. l.�nder m�y use the provoeds ta repair or restarr ttse PropertY or ta pap s��ma
<br /> secured by this Savrim T.nsi;m,ament,whcther or nat thKen due.The 30-dny perlad witt bsgin wMn►ho notia is given.
<br /> Urdess i.ender uu� l:t�r.:rower otherwise agroe in wntin8. u�Y appli�tia�of�pra.�oods to principa! stwll not extend or
<br /> postpone the due date of tl�c monthly payments referrod to in p�ngr�hc 1 and r �.�r change the amount of the p�yments• If
<br /> unler pua�r�ph 21 the Property is acquired by Lender.BorrowePs right to any insurxnce policia and pr0000ds resultin8 from
<br /> dattu�ge to the E'roperty prior to the�cquisition shall pass to Ler�der to the exteot of the wms soaurod by this Saurity Insttuma�t
<br /> ;iriamediuely prior�o th�scquisition.
<br /> f.Oeenpu�ey,Pm�eervatlon,NWntednee and R'X+Nt�edbn of tbe Property;Ba�rower's Lo�n ApplkaQf�am�LweMoidr.
<br /> � �rtuwer shall oavpy,euablish.and use the Propert�a.s s:srarrciwu's principal resider�ce within sixty days atler th��xecvtion of
<br /> thls Security Ne+�st�ument and sh�ll continue to oocuPY th� Jf'[op�Ay�;+�arrower's principal res�drnce for�t lebst one yar aftu
<br /> (�1C�C 0:,475(:�.�7;��11Cy.unless[.enUer otherwise agroas in wriii��.�ri�.�;�a��.`yu�Weni shai!noi�:.:�r�.os�l;`.!'ll.�l�2!'�.nr��nle�s ,
<br /> .��uiting k�lrcumstanoes exlsc which are beyond Bomower's cn;r�t�r;�:. �8c►rrpwcr. ,bell not dest�+oy. d�unage of impair the
<br /> �'�iP�;i�erty, allow thb Prupert����'a��.deteriorAtc, or rnmcnit w�stc �n tlsr•��si:�er.��;i:;�,.�;c,wer stwll be in defiult if any forfciture
<br /> '�.•nr.�ci�.in or p�+oceeding. w►�e£�h�zr•Gixil or criminal. is begun thx in Ixnder's goti�h`.1f�r�i°i;:�ivdgment could result io fo�ft,�ture ot the .
<br /> '��?,-d�erty or othecwise m�t4a3srhlx:atri�tair�he lien croeted by this Socuntp.iostrurntrit m Y�ende�'s sect+�rity iMercst.Bd{rower may
<br /> ;':�citre such a d4fault ud re+rt�ta�t.at yxw�y:i:�is�t in pnrngraph 18, by causong the action or prooeeciiasg.t�be disnussod wNh x rulina
<br /> ,i ���nsir,, in Lr.nder"a good fquih,�slft�rmi��2,i•q•p, prccludes forfeiture:af't9�a Borrower's interest in the Propercy err other materiul
<br /> � .im.piutment uf the lien creu�•�td�by this Sncuriry Inst�r;:�c�A or Lendpr's socurity interest. Borrower shall�lso�l��c in default lf _
<br /> ' ':,�t�a�rs��o�wer,duci�$the Iwn��.�,7i�tion proeess.gave mate�:in�ly f�lse or inaccurate infom�ation or ctatements to Lender(or failed _
<br /> �Cti�xovidc'h:rn�la�with any mrterial int�;�tTnation)in�vqn�ection witip.i;Ew•,�wn evidenc�d by tt�e NMe,including.but not limited
<br /> w� reQrescri�a:ions oonoeming Borroa�er's ncrypancY of the Pmner�;�{��s•zr}+tincipal resida�ce.I�'sh9a Security Instrument is on e
<br /> Ita�d�old. Bdri+bwer sFwll oomply with•at] �,e provisior�u of Iht�U�c:�,�,�Cf Ib�rc�wyr �cquire.t ioe title to tf�e Property. the
<br /> :�FcivehoW and the fx tide stt�ll not merge unit.ss LencicS agras to tFi�G'anai�er ih ir��r3�ii�i;..
<br /> � ?.�tol�tjor ot I.eodeN'S RI�II�!III lb!Pf�O�YlPJ,'Qj�'.i�fl$�TfOWC[�d1I6 W(1C��;qr.rn�d�covenants ard agrarnenes coMained in
<br /> I' Ytu3 Security Inauutn�K.or there is a Icg�l procadiilg 7�:t may sigoificantly AfYcC:t!lz�der's riahts in the Propaty fwcl►�s+�
<br /> procaeding in bankruNtcy.probate,for wnckmrwion�K fodeitu�e or a�o enfurcx luvl+s�or regulntions)�tl�n L.ada may do ud
<br /> �,�
<br /> �y for wtuMever is neassary to protect the value of the Pn�paty ahd lxnder's ri�hts in thc',�'�opeRY. 1.erder's actions m�y
<br /> a��a.lude paying any aur� secured by a lien whic�i h�s prioriry over this Saxfrit3 Imtr►�+��nt, apQuring in court. p�Ying
<br /> ,. �r�.,slrtable anorneys' fea�td entering on the Pro}++��s';t,mtke rtpairs. Althcwgh Len�er may Wce action unda this P��i�
<br /> ,,;�;itldtr t'loes not have to du so. ' �.
<br /> My ';ar.�num.a disbursed by I,ender under this �ragnph 7 stuill become �dditional de�'c�c�i Bnrrowe* securod bY this
<br /> Securixy fri�uumait. Unless Borrower and I.cndec agra to other terms of p�ymnit, these�unai;ir�T sl�all bear interest frnm�Eht
<br /> Jfate uf disbursertrnK �t thC Note rate and sha�l be �yabk, with intec�est. upon notia from �:ender to&►rrower rcquesHng
<br /> •�Y�• �.
<br /> S.Mort�e I�ranc�e.If Le�der roquired miaRg��i�surux�e u a�rnndition of►naki�,�the:lc�ul,�r.n�tut•F����this Sa:uriry
<br /> lnstrument. Barrower �11 pay the pr�rneums roquittid eot�intain the mortgage insur�,f•;a;:c.as�<<�is�<G..�!:. 11�'. �fnc ;rr.:� ras�n. the
<br /> mortgage inwrance ooverage rcquired by Lender Is�ses rirceascs t�be in effect.Borrov4�r:�;�,a�1!:�p.�:�1'ce��CU,smi�uuMS roqui�ed to
<br /> s�t+�tain oovenige wbstu�tiafly oquivalent tu the�xwreyg�e inwranc�e pnwic�sly in effeet.at a c�ost subsburci�il�F��s;tuivalrnt ta the
<br /> •r�,��to Boirower of the mortgage i�uurancc pnwioyi:;ly :n cflfat, from �n alterra,�try mortgige insurer appr�av�,ai,by l.ender. If
<br /> :utibstantially oquiv�lent mortgagt iruurance rnvrr�Z�.��nxat�vail�ble,Borcawer.�x.�i!l pay to C.cnder each montl�a sum oqual ta
<br /> ome-nr�c4ftl:r nf the yearly mc+�t$�.'r.r.rsu:r.�moe p�emia�en btin�paid bY idomts+rer wficn the insu�ce cuverige lapsod or casaN bo
<br /> ht in Offecr,.Lardv aiJ!C ycc�7c.uc�e ae.r.�l�;�Yxin thac paymaKS as �IoRq rrserve in lieu of �aer►tgage insurance. Loss rxservr
<br /> Fam 302S 9190
<br /> r.a3ue
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