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<br /> ..; . S. H�sud or Prnpertl �urana• Bor�ower sbxU keep t1�c iwprovenxnte naw exisdug or heteafter erected on the
<br /> pcc�perty insured Agunst los9 by fir�, i►aaards included v+r�thin the tcmi "extended coverage" a�x! any odter hazards, including E�...
<br /> T tloods or flaading, for wldcb Lender requires ituurana. T�IIS IpSqIODC�SitAII bC AlYIQ�9If1Ci1�p lI1C AR10lUll&81KI t0I tbC pCi10lIS
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<br /> + �t p,��r�y�irey.Tl�e insurAnce carrier providing the iasurance s1w11 be chosen by Borrower s�►bject to Lendsr's Approv�
<br /> - ��s�ll not be wur,tson�bly wltbheld. If Borrnwer fAils W mainteln covenge descdbed sUave, Ixader way. �t Leixler's
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<br /> -. � ' ,�� opdon,obG►in coveage to prota:t I..euder'F dghGa la the Propercy in acconlance wlth pxraBraPh 7.
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<br /> , '� •'.�� ; pu��policies wxl reixwala shaQ lx eaaPtstble to Lender und shall include a stnndard mortgage clatise. L.e eI
<br /> shall i�uve tl�e dgttt co hold We�olicies and renewals•If under rxP►tr�,Borrower s�all prompdy give to Leader all receipts of
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<br />_._r;;.... �d F���d nn�wAl mticxs,bn tbe cvcat of loss, Bomnwcr shnll give prompt uoda to the iusurance carrier an�1 I.� Cr.
<br /> ".,. . Leuder may make proof of loss if mt made promptly by Horrower.
<br /> � Unlacs Lender uxt Borrower otheralse Agree in wrldn8, Inhuzance Prc�ede shall be applied to nstarntian or repxir nf the
<br />''�';,•',�.=��. P�riY�8�,if r�lae ce�wradon ar repair is econoniically feaslble anci Lender's security is not lessened.If the rixtotAtion or
<br /> ., ,,�,�r lled to the sun�t9
<br />°.;�:f.-� rep�ir is zat ecomcnically fc�►sible or I.en�ler's securlty would wlth Aay eacrsa p�u'd t Bo�sr If BorroPwer Abandoa4 tbe
<br /> ti����'. �cured by this Security Instcumemlt, wl�ther or uot then due,
<br />:�;�f,;��` Pmperty.or does not xacwer vritkne�n�D duys A mtice from I.ender tLat tLe insvrauce carrior has offered to settle a claira�th�n _
<br /> - .=`= —= Lender mny wllect the insurancc g�roceetls• L�ender msy use the proee�ds to repxir or reswre the Property or to p�y sums -
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<br />- ;w•. secured by this Seciuity Ivst�umt'n�:,Nhether or mt then due. The 30�day��d o,f proceedseto Pn�P� �le�0t extend or
<br /> _,'�": Unless Lendar swd Horrmwea otherwise agree in wrlting� anY aPP
<br /> nts referml to in paraBrnPhs 1+rnd 2 or change the nmouat of ttx psya�ents.If under
<br />;=��u"s�+. Ixsst�nne the due date of the m�ana7i9;5'P�Y� � llcies and. procoed� resuldn8 from
<br /> _=,;:;;:;' � 21 the PropertY is ucu��ciured by I.�nder. Bormwer a rlght to any insurance Po
<br /> -�::`%:� datntg toC the Prop�rSg Pnot to tt�r.xequisidon shall pass w Y..ender to the exteat af the sams secured by tliis Secunty Iasnument
<br /> '"Y> ;mmedi�tely prior w t7�e a,.quisdrion. llc�tion;Leas�holde.
<br /> _�.�1 Borrower's Lo�APp
<br /> _:;;;(� f.OccuPa�ocl'►Pr+7er��tiaa:,P�iaintaana�nd Protedion of the Propc�tY�
<br /> ,,�, Ho�rowex s1�U occuPY,establis�,nnd use the Property as Borrower s principat resldence witl�in sixry days after the oxecudou of
<br /> -`,;`:;:r the P as Borrower's principal residence for at 1cASt one yau aRer
<br /> .;�ti;;:?:`i this SecuritY Instcument�uod shwll eontinue to occuPY ��P
<br /> -�='s'`,,y;� tbe dau of occt�P�ncY,unlas 1.en�er othcrwisc ag«s in =:' ,•��hich cQ3�'�sna11 mt be unreasonAblY withheld,or unless .
<br /> :n""� exte�tln8 clrcumsauces exist which are beyond Borrower's control. Borrower sh�ll not dzstroy, daaoage or impair We
<br /> --_--= propecty, allow the Pmp�i►y' to deteriorate, or commit waste on the Property. Borrower shall be in defsult if xny farfeiture
<br /> %�� acdon or pmcealin6. whetlKr civll or crlmii�al,is ixSun that in Lender's good faith judgment could nsult in forGeiture of the
<br /> zk�� Pcop�nry or otherw3se mAtte�Ily�►I��uea created by this Sec+uity lnsuument or L.ender's security interest.Borcower way
<br /> cure such R defiult and�einctxte�as pmvided in paregraph 18,by causin8 the acdon or pra:cedin8 w be dismissed wlth a culin�
<br /> tlut. in Lenckr's goad faith determin�ion. proeludes forfeiwre of the Borrower's interest in ttx Pmpecty or othec�teri�
<br /> impwizment of the lien creatal by this SecuritY Tnsuumeat or L.ender's secudry inurest. Borrower shnil stso be 1n dafiwlt if
<br /> Borrower.ducin8 tLe laa�pplkadon process.BAVt materially false oa iiwccurate Infom�aHoa or st�tements to Lender(or fiiled
<br /> to provide Le�er with aay u�ateri�l infomasdon)in wnaecdon with�a p�����ence.If thLs•iSec�u1rld�8��°�limited
<br /> to.rePreved�don9 co�erdog Borrow�r's occupancy of the PropertY
<br /> le�ehoW, Borrowor s6sU comply with �11 the pmvisioac of tLe le,�se. If Bormwer acquires fee dtla ro tbe PropertY� tLe
<br /> le�adwld and the fee tide sEnll uot merge unleas I.ender I��wer fAils to perform the covenaius and egrxments cot�ined 1n
<br /> 7.P�'O�CCH00 OI I.![1�6 ILI�IA u1E P['O�y.��y�gnificxady af�'ect I.eader's righa in the ProPeet3►(��+a
<br /> ..�� this Secutity Iast�uuueut. or thete is x legal proce�18
<br /> :�� pcoceedtng in b�nlavptcY,Probate.for candaaw►don or forfeiture or to enforee I�ws or ngulsttions)�then�ndee dom mty
<br /> P�Y for wbattver is �cestuY�o Protect the value of the Property and I.��er's dghts ia tt►e PropertY• ln court� WY�
<br /> iuclnde pay[n� wl► s�tms secured by x lien wl�ich has priorlty over this Securlty Iasuument, s►pPcatlUB �
<br /> re�oa�ble�uor�ys'foes uid ontotin8 oa the Pmpe�ty w make repnirs.Although I.onder msy caYe action under diie par+�Ph
<br /> _ — 7�Lender does not bxve Go do ev. g 7 st�all become sdditional debt of Horrower secund by this
<br /> — Any �mrnwts dlsbuts+ecl by Lxnder undar this P�B�+P
<br /> Savdtl►Ia�trunnwt. Unless Borroarer and Lender�to ottkr tezms of payment. these emounts shall bear interes�frrnu the
<br /> date of disbur9ement at tLe Note rau ud s�►all be psyable, with interest,upon nodce from Lender to Bormwer requesting
<br /> --- — WYment. .
<br /> ----= S.Mort�a�e Insuranoe.If Lender requind moztgage msumnce as A condidoa of maldng cbe loan secured by cYda Sec ty
<br /> �."." --= Iastnunant, Bonower shall paY the Prwiiwns re9uired ta tnalntain the mortgage iasuraucc in effect. If� for any [aason, tha
<br /> - -- mortgage iuturxnce wvC�aSe requiral by Lender lapses or aasea to be ln effect,Borrower shall pay the pmniums��wred�W
<br /> —_ — oM�ia coY�rage e�Tabr�nti�lly equivalent to the mortgage incurance Prevtously in offect, at a cost substantislroy��� ��er. Yf
<br /> -__-,=i_.= cost to Bormw�r cuff rhe mongxge iacunwce pr�►iously in effect, from an alternato mortgage insuc+er aPP Y
<br /> __ ��,�� ��q��ly�,;yy�n�rnoce�age intivrance coverage is n�t available,Borrower shall pay to Lender ea�h month s sum equal to
<br /> -.-`,��y�[�
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<br /> A,.,ti;,R.,.���� oue-twelfth of the yeuly mal�tgage insuiance prem�um being psid by Borrower when tt►e ipsurance coverage lapsed or ceas to
<br /> �-'.�r,»--�r be;n ef�ect,Lendor will�ccept,use and retain thcse PaYments as a loas crsen+e in lieu of mongage insurnnce. Loss reserva
<br /> =--�:;�d�,[� Form 3 8180
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