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<br /> S, Huard ar 1'rYiperty In+ur+�aee. &►ncower sh�ll kap ihe Impmvemenls now axlFting or hercafter ere.;tnl on the
<br /> propeny insural eg�inct los�by firo, hu.ard� includod within the term"txtst►ded cover�ge' and any o�her huuds,including�
<br /> Aoods or flaaling, fnr which Ixnder rcqnires insur�ncs. ThtY lnsur�nce sh�ll t►c m�int�lned In the amounta and (oe Ihe�rlaAsOD _
<br /> thu L:mder teyulrea. The inaur�nce catrlar provldin�the Insurancs sh�ll be chosen by Bc�rrc�wer aubJect to 1.ender's approval �
<br /> which d,all nat be un•reason�bly wl�hheld. [f Rorrower i�ile to m�intdn cnver�ge descriluxl �bove, Lender mny, �t Lencler's .
<br /> opt�on,obtun cove�ge to protoct l,ender's ri�hte in tho Pmpeny ln aceord�nce with pa�agrapi�7. �
<br /> All lnsu��nco {x►licies �nd renewnle ahAll t►c ac:cept�blc to I.ender and shall includc � st�u►dxrd i►�ongage slauu. l.cndcr �
<br /> sh�ll tu�ve the right to hold tlu poUci�s and�n�w�ts. If Lender�+equitra, i3orrower sh�ll prompUy give to Lender xll recNpts af
<br /> pald pe�miums�nct n:new�l notixs.In the eveni:�E tc�ss,Barmwer shdl give prompt notica ta the inauru�ce carrier uid Len,der.
<br /> I,,rndcr may m�kc proof of loxs i1f not m�dc pr�cn�cf,y by Borrowcr. �
<br /> Unlesa L.et►der and Botxo�w�r a�laeiwise�gree in writicRg,insurancc pmceeds sh�ll be a{�pl:i,ed to rc.storation or rcpxir of the
<br /> propert},dun�ged.ni rlbe nestwn�:r.or�or rep�ir is economicatt�r f.eaai�r�e ao��a.en�ier's socuriey is r�at lessemed.lf the restocatiun ar
<br /> �+epxir is not econoenicaJ.IK fessilyd�e or Lender's securiry wo+�e4�!1ye F�ex.srned.rJ�e insurance proceals sha��ba�PPlied¢o tht sums
<br /> securod by this Socurit,� Insccu►nex�t, whether or not thon��e. witb an�r ex�ss paid to Box�wwer. IG'�irrower �buidons thc
<br /> 3';e,�e�t}.or das mot aaswsr v�richim 30 days a notice from�.ece�sr th�t the insuranoe exririer hu affer�d to settle a claim,then
<br /> I,rndc�may Wllcv�.t tiie i�;r.:�.x�:�is. d�cals:r may use the ptooeexis to repair oe ccsr,ore tt�e Pro}xny or to pay sums
<br /> secured by thix Securit�r Instnimen4.wb�tl'►er or.r.xrt then due.The 30�y periad will be�em w�een tlee nocRa 9s given.
<br /> Unleu Lender�und BurrmweR dtl�en�� �a�'rx �n wricing. any�pplication of proceads to pGin�i.�r�C shaU not extend or
<br /> poatpone the dac datc of tE�e�n�'t,ln1Y l�Y�uts refeimd to in puagnphs 1 and 2 or c�eang�e thc ar�n��umt of the pzyments. If
<br /> . u�er aragr�h 21 the propert�r es;xquirod by I.ecNler,8arrowor's dght to�ny insurancc:�uuliciea md procads cesufting from
<br /> dunage to the Proptny prior to�i�,�c��equisition shill pass to Lrnder co the extent of�t�e sr�.��r.�;;ucurui by tbis Security[nsteument
<br /> immediately prior t�ah�¢acquisition.
<br /> f.()ecuplecy,E+mesecvatiw�,l�Wntewnce I�nd Ptotectlw�o[the Pr��xrtyi 1lbrruwer's Lo�n Appllc�tioai La�sdc�lde.
<br /> Borrower shall occ.vpy,establish,�nd use the Fco{xrcY as Borrower'�princi���residence within sixty days after tt►e ezecution of
<br /> thia SeGU:ty insttumene and shaU continue to occupy the Fmperty �s Borrower's princip�l raidena[or u least ot►e yeu after
<br /> the da�c:af occupaucy.unless I�er�der other►�'ise�gras in writing, whkh oonse�►t shall not be unrasonxbly withheld, or unless
<br /> �xt����P��ing c3rsu�saa� �.�»�' u•?�s� �!^!+ Mynnd Borro,;�e�'s controi. Barrower shalt not destroy. dam�&e or i►npdr the
<br /> . Propeny. �1low the P��op�ny t�a thtuiorate, ���;r COmmit w�tte u�h Ihs F�r���ea�ty. Borrow�r shs�ll be in dyfault If�u►y farfeiture
<br /> xdon or proceading,wh�w9vi1 or crlmi�n�..,��5 begun thu in Lender�s,�,���d faiW j�ulgment coulc9,r.r:,r.�t in forfeitun of the
<br /> prope�ty or oehecwiae mueri�l�y n�p�ir the lien c�ested by thia Secudry'!l,,c>r,avit�eat or L.eander's securi��:interest.Borrower mty
<br /> cure such a default and ceinstat�'n nIS�TOVI�IA��C�II I8,by eausing t'tr�aedon er�r�caceeding to be disu�iased with i ruling
<br /> thu, 1a LeM1er's good fxith�de{��,n�nlnatioa, precludes forfeiture of Uie Bor.mwcr'y ar���res� in the Froperty or other mueri�l ,
<br /> impaimxnt of the lirn creuod by thin Savrity Instrument ur I.ender's ae�ti�i3y ini�%est. '��rrower sh�ll atsa be in def�►ult if , .
<br /> Borrower,during the loan applicuion prooess.gave materixlly f�lse or ir,r;�ccurat�t inf�'�iod or stat���:iz.n�s to I.en�kr(or failod
<br /> to pmvide Lender with u�y mateti�l infornuuion)in connection with the P,�ari Evidenae��ry:ahe Note, in�.'udiag,but not llmitpd
<br /> io,�t�ioas oonoeming'�a�;rower's occup�ncy of�he&�rr,perrcy a�a�xinzlp�l reai{�1;enc•e:'lf thia Securiry ImuuaNent is oa�
<br /> lea+e�old, Borrower slull wm�rh,;, with �ll the pmviatona•��oi t�p l��e. 3? Borrowtr,�c,quicea fa tide to tlfe P'1a;�esty. tl�e
<br /> lasdald aod tue fa tide shall tiiw umerge unless l.4nder n8nee.� eo tht nirr;�er in writing. .
<br /> 7.ProRedioo ot I.eade�''s It�hts in the�'�r��paty.If Borrower fa��,¢,n,.pedorm the covanu�t¢�aint!a�meroa�ts conuined ia
<br /> !,:t this 5xurity InstrumaU, or thers is s 1eg�l proceoding th�t may aiy►ifir,qna�y affect I.�nder'a righ�s�in rhe Propeny (such u a
<br /> ± proceoding in b�nloruptcy, pxq,l�r�t2, for condemnation or forteiture or to cniqrce laws�s ay�uluions).then L,ender may do and
<br /> ' p�y for whatever i�neceuxQX.�����prouect the v�lue of the Property�nd LaKier'�ri�hc,�in.t6e Propetty. Lender's actiotu ro�y
<br /> ;, inctude pxyiag an;r �s ��ured by a lirn which ha� priority ovor ttr�:fi,oCUricy �1t�tiument, aPP�+�oB � �� WYaB
<br /> ,rauonable at[orare;���'if��rYd'c�uering on the Propor►y to make cep�(ts. l��1�GhoUgh Lender may take sction under this pu�gr�ph
<br /> 7.I.ender does nq�1�;s�t tb do�o. •
<br /> � Any amount+ o�isberrsa9 by I�ender under this pu�graph 7 sUall become ac�Sjainnal debt of Borrower secured by this
<br /> Scy,:�c��:ty Inttrument. Unless�prowet snd Let►tfer�gra ta�m�t'her terms of pay►t1e��t, ni��se�mounts sh�ll beu inee,��:�c ftom the
<br /> darc of diabursernent u the Nate r+te and shall be payals'ie> with intere�t, v� �ao'tice;fiQm L-rader to Borrorwe,: nequating
<br />_�-�. payment. ,
<br /> `'� S.Mortp�e Ias�aanee.If Lender tet�;w�i:rvc2 mortg�ge insurana�s�co�ndition qf m�king tha Qnaf:t secured by tbis 5ecurity �
<br /> tnsuumeat, Bomawa shall Qaqr che premiumt roquired to cnaintain the mqrtga$e.�r,saL'.�nce in eff�et. !f. for aay reason. tho
<br /> mortgaEe insurnxx oovaa6c ir�y��itnd tsy Lender lapsey or aases to be in effecc,dF�ertnnw¢r shill pay ttie pnmiuw requirod to '�;
<br /> � ob�ain cover�e aubatantiatty�r�r��ivxlrnt to the�aortgage insurance previouslp ix��fit�r.c�.,�t a cost substanti�lly oquivaleat to tiio .� ,
<br /> cost to Borrowar o�f the mor�gage iacurance previously in effect. froc�n au�alS2mat� roortgage insiu�er approvod by I.endu. If, ��
<br /> substuitialy oqa�na�nt mortgage insuraoct cover�qe i�not available,�orr,n��rarea shall pay to Lender each month a sum cqual to �,;;,
<br />-= era;�welfth of the yearly ma�attgage insurance premSum being pud by&atravrer when dhe insuronce coverage lapsod or ceased to
<br /> �r•;i�:�zf.foct. I.znder will acxe�rc,use u�d retain these papimnu.s as a loss nserve i� �.►tu of mortgage insurm�cx. Ilmx� reserve
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