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.,... �;��rv. , . . ..__ _ _ , . <br /> . . , . � _ _.. .. <br /> .y. w�� <br /> .{� d� �',r.w�op�d�y.y��'p �.:�. ' � � .... _ - — - .._ _-- _. <br /> .. <br /> �96�v3..i7"-,s7,;4�hT�.,.�iRL:yr.t..�_....- <br /> ' IlQ'.LY.uUn..i1L�-__•._�_.�..��.._- � . <br /> . ..... __ ... .. .. _ .__ .. <br />._._.... ... . _ .... _ __" ._..__. . . . <br /> . 9�-- ios4xo <br /> :;. <br /> S. �b a.prop�y �nwr�nc�t, Horrc►woe shall kcep tha improvements now exisung or hore�fter erectod on the <br /> praperty insured Rg+unst lnss by firc. hxurcis included within ttx term 'exte�odod rnver�ge" ud any Mher hazudR, inciuding <br /> floodi or flc+o�dir�. tor which L.ernfe{requircs iosur�u�oe. This insur�u�ce sFwll be maint�ined io the xnaunts onil for the periods <br /> that fxnder requires.'1'he insurance cardcr providing the msuruoce sh�ll be choxn by Borrower subJect to I.xnder's spprovd <br /> whirh ahall not be unr�easonably withheW. iF Borrower fails to nui►it�in cover�e d,.scribcd aMve. I..r•at:irr mry, �t Lemkr's <br /> option,obtain rnvera�e to protect l.cndsr's rights in the Prqxny in acxoniana with parwgr�ph 7: <br /> All inwrance policies ux1 m�ewais sh�!be�cceptable to Lenckr and shall includo a stRndard mc�ngago cl�use. Lender <br /> shall have the right ta twlJ the policies and renowals. If Lcnder�quiros.Borrower sh�ll pmmptly gi��c to I.erxle��II rcceipls of <br /> Mid prtmiums�nd rcnewat natices. In the event af loss,Horrower shull give prompt notica to the insurnnca camer And I.ender. <br /> I.�oder m�y make proc►f af Inu if ewt made prompdy by&►rrower. <br /> Unless l..ender�nd i3orrower otherwise�gr�in.writing,insurancc pttxxx�is sha��be applied to restor�tion or repair of the <br /> propehy damngod. if the restora�inrr.�r.r.epaif ls cxortnmic�ail.y 1.'rz�sible end Lender's sa�irity Is not lessened.lf the restoa►tion or <br /> rep�ur i�not economicaUy fcasibte or I.end,r�:°s sexur.ity w�r�.Ld.fic lessened,tt�e insu�Ance�m�ceods sh�ll be�ppliod to the sums <br /> socwzed.hy t�is Securily Iiutnun�n�:,. wlxTlTCr�r. nr�e tb�n.du�,.with any excess p�id r�r 13ormwe�r. If Borrowa abandons the <br /> Pt.npe�t�,.or�as not uuwer withlr�3(P�atys a r.nntic;ce frcmz�.ender tTu�t the insurana car.rier. bas�1'femdi to setde a claim,then <br /> I,ender, �:n+ty colloct the insuranoe procads. 1.e►.�ec' ma�r �cse the pmoeeds to repair o+c cescoKe the Pro�rty or to pny swnsc <br /> sa.yecmct by this Socurity Instn�mextc� whe►i►er or na foeR¢we.'Ti;r:"s0-day�,�r,r,d ti;ilt�gice r.�ItM2 tJ:�'F�^.:^S3 give!±. <br /> Unless l.endar�nd Borrow�tu �thenvise agree ia writin�,i.ny application of prc�eoda to peiAr.-p�py�'��tiatl not extcnd or <br /> postpone the due date of the monthlY p�Ymenls refcrted co �r.r.�,�n-�►graphs 1 and 2 or ch�ge the a�oao+v�mt�of the payments. If <br /> under Fsu�aBrapl�2A tM::Property is acquicod by d.er.ir3�er. Bor�rav�7r's right tu any insuracxe poficies aurfl���:<c�ods resulting from <br /> dano�go to the pn�perip prior to tt!e acquisition slwll�xss to Lender to the extcnt of the sums sxurvdi b};;o„i;Sncurity Insuumettit . <br /> imme�f.iait:�^2u.prior to the acquisition. , <br /> ���.rc���cupiu+cy.Pr'a�er�'�don,Msiatentoce ind ProtecRiMn<a ut the Pcoperty, Aorroever's Laan Applieation;�.�.x�ebo�ds. <br /> Bat-�w���s•:=::1w11 oo�upy,establish,ar�d use the Au�perty as B�+���rti,•er's principal rcsidence within siaty days after tl�'e::�e:c^:�n of <br /> • this 5oEurity Instrument and shall continuc to occupy the Prapeny as BorrowGr's principal residencx fmt'.�:Icast d•ro4,��'r after <br /> . the date of oocupAncy. unless Lender otherwisc r�c^i:�tcs in writing, which consent shall not be unrouson�J.�;:withheld,or unless <br /> ' extc�nuating circumstances exist �v�nich ane bc.3;<<�r:�•'• �Oerower's rnntrol. Bortower shall iwt destrcg�, a��ns�ge or im�air tt�e <br /> Prope�tY� �Ilow tlee Pmpc�ty to d:c�a,,;nr�4e,:�t�v�,frnnit wutc on thc Propeny. Borrower sh�U be in�afe�lt if a�ny,,�'�r�eiture <br /> action or proceoding, whether civi7�ar crim�in�,,�s�eguR thst in Lendci s gwci it.iii��u3 .,:�rit uul:!r�,,.�slt.5a for!'�?i:.�^,;:;of L�+!� <br /> Propaty or othawise macerially impair the lie�t:r:,�:ifed by this Soauriry Instnrment or L.ezder's securit�r,:itAC�+est.Borrdwer msy <br /> cure such a defwlt and reinttate,as providod ire,�;nc��y�tph 18,by uwsing the action or proceodiqg to b�;�i,miseod with a ruling <br /> that, in I.erder's good faith determitu�tion, pmi`'lu�es forfeiture of the Borrower's interest in thc Pn'�p4•tEy or othu �d <br /> impai.ir,r.'�r.�t of the lien craud by ihis Security Instrument or tr.nder's socurity interest. Borrower shsll also be in..defwlt if <br /> &xr�pv;vi;r.,:zi�rieg thc il�n apWicaci�an process,Save materiaUy fclse or inaccuate infomution or stxtanents to Lea���a•��rus.failod <br /> ro pmvide L,endcr�+rek'k�`any macerial Infornwion)in conooction with the lo�n evidencoci by the Nou,including,bu�r.ra•�%tind�od <br /> to,repr+exentations��n�crming Bornowa's oocupancy of the PropeRy as a principal residence. If diis Sccptiry Tiutrut�'ri ie on a <br /> lea,sehold. Borrowe+"slfill oomply with all the provisioas of the lease. If BomowGr acquites fa��ftU;id the P�q�a�ty, the <br /> leaxh�ld�nd the fa tide stWl n�ot merge unless I.c�xler agraes to the merger in writing. .,,• .. �.,� � <br /> 7.Protedion o[I.et�der`s Rig6ta in tLe PropettY.If Borrnwer fails to perform thc orn�s•ci�r.iri�ndag ts oqgMained in <br /> this Security Lnctnunent. or there is a legal proceading that m#y signifiantly sffect l,ender'�s�r�ahts'io the��Rcope�tY(such�s a <br /> proceeding in b�nkruptcy,prob�te. for oontkmnuion or fodeiture or to enfora laws or reguLtions):;d��I�may do md <br /> �aY for w�hateva is neoessary to protat the value of the Property and Lender's rights in the Pmper't�i.'(:�'f�der's acXiures map <br /> iaclud�.�rying any sums securod by � lien which has priority ovcr this Security Tnstrument, �ppe�ri� �n,�4�,�9in8 �;;�, : <br /> �i(e attomeys' fixs and eruering on thc•Fcopeny to u�ai:e•a�irs. Although I.onder may take�ction undu iiten;�;�,�Tr�g�api� . <br /> 7,T..tukier does�wt hav�to do so. '•�: . ' <br /> Any amounts�isbursed by I.er�der undcr thie pan►graph 7 shall become additional debt of Bbetuwer�ecureil bY this <br /> Securiry In�trnment. Unlcss Borrower uKi L,rnder ag[oe to oth�r terms af payment,thcse unounts shia�OU ba�r imerest from the <br /> date of dlsbursement at the Note rntc u�l sh�ll be payable. with interest, upon notice from La��ir��co Bocrowcr reque�tias <br /> payrojenc. � . . . <br /> g,��e L�surance.If L.ender required mortgage irtsurancc as a aondition of�alc�it�the lan aea►rod by this SocuricS' <br /> Instrump�t. Horcr�;w:�r.shall pry the premium�•irsquirod to maintain the r�enng�ge insuretice in affer+t..if, for�ny reason, the <br /> mottgsgc insuraiw:�.:catierage requirod by 1x�cU�cr`lapses or�xases to be in+eh'�ext,�rrowe�shall�q`y'��the premiwa+roquirod to <br /> oMxi�cLwm�ge sUbstantidly.a�ujyplent tQ th� r,n�rtgage insurance previous(y in efftct,at a cou dvMuAt�idly oquivdent to the <br /> oost;R�n ik)c�YOwer of tht moR$�,�'�e�i�n'urge�e'�inviovsly in effect, from an alten�nte inorr,g�ge insuter �pprovdd by Lader. lf <br /> subs{�silly equiv!�lent mort$a,�e ii•c,si�i,'�Covcmge is not avail�ble,Borrower shull pa�ao I.ender each monh a su�•m oqwl to <br /> one-twelflh of thc�+�xrly t�wrtgs�g��r�9U�7U4t.����"�um being psid by 8orcower when tht•;4�ns�nnce mvecogo lapsod',jnr�ea.xd to <br /> be in effect. Lender will accept.s�sc aaid�c'�r,c�r�f:,;ibesc p+ryments ns a loss resrr�.•e�n lleu of mortgage �mwu�. 'Losa resave <br /> '.� � .. ,, F«m 9o2s l/90 <br /> � � , r.o.a�+e ,;�'. <br /> ' � ; . . ,. ' . �' �., . .. � <br />