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<br /> Q. 1{ttstd ar prnpply 1p�p�poe. Horrower�hall kxp�be improvane�r now e�isUn� or he►eAfle�eraied on �ho
<br /> Pnop�oitY inwrod y�in�t loa by Qro.lu�auu�da includod wi�hin the term 'atendod oovcr�e'aod any ahar hpa�nds, including _
<br /> Aopd�ar Aoodln�. for which La�der roqui�ea inwrat�oe. Thir inwranoe�h+�ll bo mointafned in the amc�uniR w�d for�he pe�iodr
<br /> th�l I.a�der roquirsa.The inwranoe cartia provldit�!he inw�rtwll be choren 6y Hurn►wtr subjec� t�lwnder'�u�rn��nl
<br /> which d�ll not bo unrauo�wbly withheld. If Harrower Pails to mairn�in rnvemge dexc�lbed above. l.ender�nay. w t.�afer's
<br /> aption.ablain oove�e ta proloet Lender's�i�lqs in the Propaty{n acmtdancY with p�rr�raPh 7.
<br /> All inw�polkkx�nd renow�ls shall be�captabb ta I.ende�and sh�ll include a standard martgngc clause. l.ender
<br /> - �^---`_--__-" �fWl hwa the ri�ht u�hold the polides and renawde. lf l�ender rcquircs.Barrawc�siwll promptly give tu Lenkr ull rece(ptb af
<br /> paid prcmiumc�nd rcnewd na�ica.fn tho evau af Irns. &►rrower�lall�ive promq notioe to�he inRUr�noe ca�rler ond l.ender.
<br /> I.ende�may mal�e proaf af las�if iwt myde promp�ly by Borrower.
<br /> - Unlcs�Leeder�nd Borrower othetwlce�roe in writing.insuranoc procoodR Rhall be uppliod to n�wrotbn or rcpair af the
<br /> Property dam�ged.if Ihe restorAtion or rcpair is econanically feasiblo w�d Lender's r�ecudty is not Iessenod.iF�be cestoir��iou a'
<br /> tep�ir i�aot a�aqtnically fwibk or l.endc.�r's secuc�y weuld be tesse�r�.Rlte ic�sur�oce pcoc�ds s6a11 be�p�lie�w�Cnc�
<br /> ------- �ocua�od R�r A4is Saruri�r nn�v�enc.w0iethrer or ma tAen dae. +�iACn amy excess p�idi to�o�wer. pfi 6�rcrower aDar�us 4he
<br /> Proparty.or daes�nt auocrrer within 30i d'aWs r not6�.�i'nom L�eMer rtFrat a!r insw�ra�ce caurier bw�s 4�e+r�d co eeR�te�cG�:oec.rdten
<br /> A.nr�er na� c�oR�acR 1M i�zr�caoc�s. �ndea m�,y usc U�e�evorreds to c�ep�c or n�st�+�e tltie I'ruperty or to pay�sums :
<br /> sacuocod Ibry c6��Sawhy�st�umeni.whe¢her or not then due.'!'P�e 3�-dag period will begin when thc notice iR siven.
<br /> _ lialess t�eader xml Borrawer otherwl.se Agrec in wridng. any application af proceeds to principal shall not extend or
<br /> -- ,: poetpa�e the due clate ot 1he monthly payments refctred to ln pnragmplis 1 and 2 or change the amount of the puymeNS. If _
<br /> __..,�
<br /> - �• , unde�pur�groph 21 the Piroperty is Acquirod by I.�nder� Homawer's right to any insurance policies uncl pracecxls resultiag f�om
<br /> _ �..�.,. .__: _—.._
<br /> -- ' Aemr+�P fi the Pro�rly„ti�r t�1he Rrqtlisition aha!!�to I.etKltr to Ihe extent ef!he sems se�u►r+d by this Secudty Inctrument _
<br />��'"".:,..'�": immcdiately prior ta the acquiaition. .
<br />_-•,�w�;i+ �� 6.Oocupancy,�'nesQrvAtion.Maintenonce und Prntectlon ot the Proper4y:Borrower's Loan AppNcntieni 1.mceliold�.
<br /> ----- _ _-= Borrower shall occupy. eswbllah,and use the Pmperly es Borrower'R priaclpal residenoe wlthin sixty days afler�he axecuUon of
<br />---���.�T� T-��,� this 5ecutity Inslruma��wd shall conlioue to occupy the Ptapeny as Borrower's pdncipal r�esidence for at leas�one year afier
<br /> " the dau of aocupwncy, unlass Lender Whenvfse agroes in wdting,which oonaem shAll not be unreasonably withheld,or unlas
<br /> extenuating cin.vmclences exlst which are beyond Borrower's control. Barrowe� shall oot destroy. demego or impai� tho
<br />"�' Propeity.nllow the Pmperty to dete�lamto, or vammil wnuo on tho Pmpeny. Borrowes rhall be in dcfault ii any forfeiwm
<br />-��,� �clian ar praoeediag.whether civil ar crlminal.ic begun thwt in LcndePs good f�ith jud�ment oould rewlt in forf'eiiurc of 1he
<br /> -, — PmperiY or athenvlce materially impair the lien croatod by�his Socu�ity Instrument or l.ender's�writy loterest.Borrawar may
<br /> - _ _ _ __ _
<br /> cure such�defrult and reinc�ate.ar provfded in parrgr�ph 18,by causin��he xlian or procc�ding ta bc dismi�sal wilh�tilin�
<br />_- th�t. in L,ender's Qoad fiith ddermfnuian, pneolude�forl'dlure oP Ihe Borrower's intercst In Ihe PrapeKy at uthsr m�tcrl
<br />-: impaimicnt of the Ifen crcatod by Ihis Security Instrument ur Lcndcr's r�ocurity i�tercxt. Barrower Fhall also 6c in default if
<br /> �� Borrower,dudn�the loan Lpplla+tion pnuess.gave tna�erfully falce or itwccumte infumwtion or stutementx�o Lrnder(or fAiled
<br /> - ta pravlde Lendet wilh nny m�terial in(omutian)in conne�llan wilh the laan evidenced by�he Note,including,but nnt limilod
<br /> ta,nepnesm�ions aonreming Borrower's accupuic�•oi the Propeny as a principal residenre. If thls Secudty It�.unimcnt ic on a
<br />�,-� leasehold, Borrower ahall comply wlth all tho proviefonq of �he 1eac�. If Barrawer xquires foe title to the Pmperty, �he
<br /> IeasehoW and tho feo title shall not mcrge unless Lender ugra:s to the merger in writing.
<br />' 7.P+iWaetian ot I.euder's Rlght�in the Prr►perty. If&►rrower feils tu perform the covenants w�d agreemeixs containcd in
<br /> thir Sacurity Inswment.or�here is a leg�l praceoding ttwt ms�y significantly affect I.ender's righta in the Property�such as A
<br /> proceeding in b�nk�uptcy,probate, far condemnation ar forfeiture or ta enforce laws or regulotions), then l.ender may do and
<br /> a�•�� pay for wFwtever is necessary to protect the value of the Property and l.ender's righus in the Property. l.ender's actfons mey
<br /> �;%�p� include paying any su� sea�ired by a lien which haS priotity over this Security l:�strument, aFpeazing in court, paying
<br />_'�'�'`�'ii�� reasonuble attorne s fees and enterin on�he 1'ro R to m�lce ai�s. Aphou h l.ender rtw talce tretion und�sr Ihis ro
<br /> ,�;n��[a��+�� Y � 8 p@ Y reP S Y P�AB Ph
<br />_-���.�:::;`� . 7,Lender daes not have to do so.
<br />- -- - - --- Any amounts disbursed by L.ender under this parng�uph 7 shnll become additional debt af Borrawer secured by thic
<br />--=:-~ � Securlry Instrument. Unleas Borrower and l.ender agree to other tcrms uf payment, these amounts ahall bear in�erest from the
<br />�;�,�'�e��4 _�' date of disbursement ut 1he Note �ate and shull bc payable, wi�h inlcrest, upon notice from l.ender to Borrower requestinQ
<br /> ,;�A --_.._,�� �Inent.
<br /> � 8.Mortga�c Insuntx+e.lf l.ender required mortgage in5u�unn:as n condition of making the loan secured by this 5ecurity
<br /> -�°=�,s •• � • Instrument. Bonower sh�ll p�y the premium� required to maimuin the mortgAge insurance in effect. If, for any reason, the
<br />�'''' ti ''� • moRgage insurance coverage required by I,ender lops�ar ceages to be in effect. Borrower shull pay the premiums nqufred lo
<br /> �r:�.�_'.:� � �br++in a�v�r�g�eubslan�iwlly eyuiv�lem tu U�e muriguge imuru�ke prc�iuusly in r1YcY1.�l a c�al�ub�tantially c.�yuivuleni lu Ihe
<br /> - �;;;;�':� . rnst to Bormwer of the mon a e insurnnce reviousl �n effect, from an niternate nu►rt o e insurer a rcwed b lxroder. If =
<br /> • ,� _a'., B R P Y � R 8 PP Y _
<br /> subs�ontially equfvalent mottgoge incurance rnveruge is nat nvailablc,&�rn►wer shull puy ta lxnder each month u sum eyual to
<br />' •�� .i.��.;: .. �_. ane-twelfth oi Ihe yearly mongoge inwrance premium t�eing paid by &►rn►wer when the insurunce ra�•ernge Inpsod or ceused to =
<br /> � '�"�'" - be in effect.l.ender will�ct�epl, use end retuin these payn�ntF us a lo�.� n�en�e in licu of mortgugc insurnncc. [.oss scscrve -
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