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<br /> 98-� �o�s�a
<br /> �, �rd or propMy Inaur�nce. fk�rrower shall keep the lm�rovcnxnts n�w existing or t►enxRcr erected on the
<br /> Pmpnrty insura! again�t loss by fira ha•rkrds i�xludod within the tcrm "cxtendeci craverage" and any othcr hazxrds, including
<br /> flcnxts or tloodin�,for wfiich Lendcr�oquires insur�►ncc. Thiti insurancc ahall bc mAintainod in the amounts arxl for tlw periods
<br /> that Le►xkr requires, 'i'tia insuranro cflrrier providing thc insuramt.sha11 be chosrn by F3orrower subject to Lernicr's approv�l
<br /> which al►e0 not be unreasonnbly wiihheld. if l31lorrower fail� to mnintain cuvrrugtl describeci utwve,Lender muy, at l�nder's
<br /> optwn,ubtain cover�ge to pmtect I.ender's rights in the f'rcry�rty in acrnrdsna with pa�agreph 7.
<br /> All insurance pc�licies und reriewals shall be acexptable to l.ender and shalt include a staixlarcl mortgego clsuse. Lendar
<br /> shall hxve the rish►to hold the palicies and rcnewals. If l.�cnder roquires,&►rrowar shall promptiy give to I.cnder ail roccipts of
<br /> paid premiums and rertewal natias.ln the evont of loss,Fiorrower shull give prompl notice to the insurance carcier and l.c:nder.
<br /> Lernfer ma�r meke proof of loss i.f.nnt►.n9d'e promptly by Aorrower.
<br /> Unies.s�LnKier and Borr.rwcr c�th�r�++ise n8r�e in writing. 'r.nsurance prcxrxxlx sJ�all:be a{�,{�l.i�ed tc>rastoration or r.cpsir atth:e
<br /> property dam�,i.f alte ccslxxalion or, rcpair is econnmically f.e�sibl.e snd.I.ender':s r,c�curi.l:y is n�or.L�sser.�e,d'.If.t6�e r.estor.al:ian oc
<br /> repAir is no�;xcx:►Amirally f:exsi.bf e r�r 1:.endei s�socerity wcwl.c� Fx[csse.rna�tn r.l.ie i.rxsur.u�e prrx�cts ral�aE� fx�I.iecF.co tE►e surr►s
<br /> sec�ered.by r,his Seatc"r.tg iast�m�'rt,wFwtPu�c crr c�t tlren,du�,with any excess paid to FJar.rawor,. If T3ar.�wer adau�doxex tE�e
<br /> prc�rty,r,�*d�s not uiswer withi:n 3Q cfays a red:ice Cr.om[.er.x�er that the insuranee cacr.fer. hais offerocP to settle a cl�icrs, ihen •
<br /> Iader nz;.�� �rollect the insuraiwe pro�ceoc�s. l.trider rray uS'.' •ihe prnceeds to t+epair or �cscore tlee Pr.�opcRy or tQ �ta:y. wtc►s
<br /> yxeac�hvs 2?is Serurity inctntment,wtm�her nr.nr,��hen due.The 3U-dry period will begin when the�en;i�s giver. ,.
<br /> Un(�s Lender and Borrawer ott�erwise �iR�t�':�c' in writing, any application of proceods to prri�i��:�? rru�ti not ex�{2nid or
<br /> postpo�ne.xtt►,�due+d�tc of the montWg �yments roferrod to in pu�graphs 1 and 2 or chunge tt� anra��:rc:���S�ihe paYn,�i�s^,ts• If
<br /> under pat,rK*xaph 2l the Property is ara��airai by Lendcr, Borrower's right ro any e�sarr.ncc poEicies and �m�ds restlh��i�st:from
<br /> dam�ge to•t➢�e Property prior to the acquisition si�all p�ss ta Lerxkr to the extent of the su�n�s socurod by this Security�ir,r,vma�t
<br />. immedi�tely prior to x[hc acquisition.
<br /> 6.Occnp�ocy,P'�+ese�vatlon, MiiMenance a�d Protection of tbe ProPM'tY;Bor�+ower's Lo�n AppUcatloo;I.aae6olds.
<br /> gorrower shall oocupy,est�blish,and use the Property as Bornower's principal rssideooe within sixty days after the execution of
<br /> this Scx�urity�Ins�ttument snd sha[G R�,�ntinue to ocrupy the Propeny as Bomower's Qrincipal resideuce for ot fe�st one yar tRet'
<br /> �d�rt;�occupency.unlas I�er►�5�.;otherwise agrecs in writing,which consent si�all not be unrearonably wlthhd�f,cx unla�
<br /> exterwi�M;ai:�,�; clrcumttances exist wini,:h are beyond Borrowtr's control. Borrower shdl not destroy, dun�e or i�npair the
<br /> �rev,�.ullnw the Prnpedy to dderiorate, or commit wsste on the Proptriy. Bomower shal! be In Riefault if eny,forfeitu�+e , .
<br /> nction Qr,proctodinB, whcther civil or criminal, is bcgun thet in[.er�d�r'6 goad fiith judgment oouid�suit in ioriut+ue oi ine
<br /> ptopen�aat�otherwisc miterially imp�ir the lien created by this Savrity Imtcument or L,�nder's sati�rity inte�+est.Bor��er may
<br /> eurc su.c9t a� ciefault�nd rcinstate.as.}vpvidod in paragraph l�<: ��cYUSing the action or�f:�da'•aetling to be dismissed Mrir't1,u iuling
<br /> that, in�1,���da�'s good f�ith detertn�iriuion, pr�zt�,ules fodeierma�of the Borrower's intccase in the Pmperty or oth"y�t a�ferial
<br /> impairnxnt of tP�e lien cnaited by this Securt��• D::rtttumeM ar i.enc{er's savrity intecest. Borrower shall �lso be in default if
<br /> Bortpv►w,during ihe lan�pplicatian process,,y�;:�e;u+�teri�lly f�lse w inaccurate infom�ation or stAt�nems to I.eider(or fdled ti ,
<br /> tp�rovide Y.end�er with�ny�wterial infon►ytion}`in cau�xtion►.with the lon�evidenceJ by the Not�,incl��ding.but nex limited
<br /> ta.reper,�3enqtions conoerning Borrowu's oocup�ncy of the Q'�ropaty as a princiPa�i rcsidenoe. If this So�urity Instnunent,is on a
<br /> Irysel�ld, Botnnwer sh�ll comply with all the provisic�tn of the leaie. If Borrower acquires fce title:u ttro Pronerty,t4e
<br /> Ipeeh�kl and il�t tee title at�all iat merge unless Lender agrxs to the me�Be�'in writing. �
<br /> 7.���,�.'�R��p�be p��ty.If Borrower fiils to perfocm the covcnenta md�,�teemaxs oontained in
<br />� thi�S�twrity lnst�wnart.or thae is a lcgal pr+a�oodi�8 ttut may significu�tly afCect I.,erade�'s rigbta ini+t�:Property(wcfi�s a
<br />� proc�%�Sn�in baakrupcy.prob�te,for oondereu�tion or forf�jt�rrr.ar to tnforoe Isws nr,ma:�ialations),tl�a�Laader nwy du ud
<br /> p�y f6<v?i7�teva is na�.essary to protect the value of the Pro�er�i and Laxler's dg1KS.e�a:tihe�Prnpaty.Ixnderr's actious may
<br /> irclude paYin6 anY sunn sen►rod by a lien which has prioriry over thj�s.S.-cudty lii�iiu�, �pPe!nn8 in coun, P�Y��'�S
<br /> ra�sonoble atoorneya' foes ud entuing on the Property W malce rq�airs. A�I�'fnr�u�lt Let�k�may takt xY�urda this pr��npt� ,
<br /> 7,[,a�der doea not have to do so. �'
<br /> �,';:ty.amo�uxa disbursod by Ler�da under this par�rxph 7 st�all beoor� additional debt of Borrowa sxund by this
<br /> Secur;�a�,{c�'sttuman. Unless Horrower and [.ender�Bree to ddkr terma of payma►t. tl�ese unou�s shall bar inta�est froaa the
<br /> ��, . .date af''ilisbursana�t x the Natc nue md sl�all be payable, with interest, upon notioe from Lender W Harowu roquating
<br /> .•�,:'•,: PaYn'+crn•
<br /> ' 8.MoNp�e I�ranoe.If L.rnder roquircd mortgege fr►sunnoe as a oondition of mdcing the lam securod by this Secvrity
<br />•� Inuru�rnr,nt� Borrow�r sh�ll pay the praniums requirod tm�tu�l��ain the mortgage ir�uraaoe in effoct. if, far a� �e�on,the
<br />� matg,��r::irouranee ooven�ga requirai by L.ender lupses or eszas;s�to be in effect.Borru�wec stutll pay the preo�iwnn�s_�-:,��cfired tu
<br /> , : obt�ite�'ver�gs substatNi�lly aquiv�lent to the mortg�e ia�ti4SUrx previously in effoct. at a oost substantiaiiy a�iv:;ti:;s¢r.�oo the
<br /> 'r, oost tn Horrower af 3ho mortgage insuran�ti ps�.wiuusEy in'effect� from an alternate mortgage insurer approvod by�;re�dec 1� ,
<br /> a
<br /> � Eu6�1aMi�lly equivaleat n�ort,g�ge irs�rorose cGwerkge is na.availsible,Sarrower sluil!Qay to L,ender each month a stim aqwl tn�'�'�•
<br /> onc-,xr�ilL�,h of the ycartY�6�8'�h��durar�ca ps�err�am tMim�;{elsi.d by Bortower whto:the ins,urance cover�ge lapaexi cx,'�,?taaed to • .
<br /> - ►x nai•i.;t�ttss;:[.�nda�witE aecrpt.u.se��d r+etain ttiac papr.a�a!xrs:<es a loss �eserve ia 1','reu r,�li��aaortgsge insurance.. P..osr�areserve
<br /> � � � � Fam 30Z� !!�6
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