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<br /> ' J��. Borrower st�all kap the iinpnwcntic�us rww cxist+ats or'11�4laRer ic.t on t � � .
<br /> S. IWurd�e' h'upa'�Y
<br /> Pcopeny inwred+y�alnst lou hp fire, huuda includad wltl�in�hc term "cxtenclod covcraee" uKl �u►y othar hu,�rds,Including
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<br /> Itonds or ilooding, tor v�hich l.eader rcquircs in�uru�ce.Th9s insur�nce st►tl�ba mxintdned in the amcwnts utid for the peri :
<br /> th�u I.axler requlres.The insurat�oo exmer providing the insurance shaU be chae�by D�arro�uer subject to l.erxler'+�ppmval
<br /> whlch sh�ll no�be unreascm�bly withheld. (f Burrovvcr fiils tu matnuin co�'enao dcacribed abo�'e, LeTM.}.er may. �t I.ender's
<br /> omlon,obteln coverage to pmtxt Irer�der's dght�in�he NmpenY in�co�da�with pu�aph T.
<br /> All inwe�noc policies and renewal� sh�ll he�ble to Lcnd�r aind chall include a stu�dRrd mong�Be clause. l.cr�dor
<br /> al��11 lurve the ri�l►t to hold tha 4►c►licies u�d nnew�ls. If l,er,�der requires,Bc►rrorver shdl prom�tly give to l�e�der�II roocipts of
<br /> paid prcmiums�uxl re�v�l naNas.In the event af Inss,Bur,cower�h*11�give pcnm�nAt.i,co ta the incuru�ce c�u'rier uid l.ender.
<br /> (,ende�may m�te proof of lou if noe m�de promptly hy Bocr.ow�r..
<br /> Ualess l.eodez a�ad Borrawer att�e�vvise�gra in writing.ixasursn�x�c+aceeds sh�ll I�a�tJ.iaF.co r,GStoration or►rpeir of.r.h�
<br /> .._�Y��� *.€�h�e reseoration or m�ir ic doonamkaJJX tt�siMi�xn�i.en�kr's sa�uvity is nvt t�_ If tba..reaeor.'��..,��
<br /> repair is rxrt e�orriir:a]:!� f.�c.asilt�e or I.,eoder's securicy wr��J�l be kssened. the insurmx H�rrowcrxiC�Bo�r�cx•.�1.�sc'�ns the
<br /> savrod by thiu Scnuity 4r�sr.cwr�mt, wt�ether or not tlxo.�,�e� with �ay exxss paid
<br /> p�opertY. or�ioa mat aiaswer within 30 d�ys�notice from Lender tl�at tha inwr+nce carrier has otfen�d ta settJ'�t���
<br /> l.tnder may cdkct t[x i�ms�ua�aa P�. Lee�der nuy use the proceals to repair or ratore tir� �Y
<br /> securod bY thi�Secwitar lastu�eat,wlKihes o�r t�ot�6�xe dae.7Ue 30-day paiad will be�in whe�th�trat��e is�ivw.
<br /> Unlas La►de��tud Bc�rzo�rer othm�ist a$ra i�.wrietin6, mY �PPlic�tiva ot ptocads to principal sh�ll twt exteeKl or
<br /> P�P� � due due of che x+.�ntWY W�5'
<br /> mp�ts cYferral e�ia paraar�phs 1 aad 2 or ch�aae the anwunt of tbe p�yme+►ts. If
<br /> under puag�xph 21 tGe Propt,'�yY is acquira�bY L�d�,e°ROwer's right to�ny inwrn�a policia and procads raulting from
<br /> cl�nuae to��y p�r to the acquisition stull pass to l.ender tQ che exteat of the sums secured by tbis Security Instrumen�
<br /> immedi�tely�xior to the acquisitian.
<br /> �.Occupwcy►Praa��+1��eaa�ce ud Protectioa of tie Propert�, Eor*'o+�er's Loau�Applkatio�;I�e�c�1�s.
<br /> a�.�.,,�.n,.tl ax.�uoy.aablish.�ad use the ProQe�tY u B°�rowe�'s p�+nCi�al�s��within sixty days aftex the execation of
<br /> �tw'.uw.!Cr»!L`�� ^!�yr�r sfttr
<br /> t6is Sxurity las�mu:ment and shall oontiaue a occupy the Property a.c efo�mw�cr'a p�i,oa:ijui«a "'
<br /> the d�te of oau�:�as�y. �1as L�a�der o�herwise a6ras iu writiug.whide oonseat sd�l!ncN be wunea�on�bly witl�eW�or unless
<br /> ex[eau�tit�g eircoimutaoas exist which ace beyoad Rotrowe�'s wntrol. Borrower shall iwt datruy. dam�e or i►nQair the
<br /> Pro�erry. dlow tbe PropenY to detetiorate,ar oomm:it wa►ste on the Pro{xctY. Borr°we�'st►all be in def�ult if�ay forfeiture
<br /> ,.�:n�a or proaaiing,wUeth�r.ravil or crimin�l, ia begun:�a.rar,in Lcnder's 600d faith judgma�t oouW result in ff�adtiture oi the
<br /> Priapaty or t'�he�wiK m�tcr6�J1�� impair the liea cra►ted b�s tta,Sewriry Imtn►me�t or I�ender's socoriry intarat. N.�xrower m�Y
<br /> 18, causing t6e aaion or proceeding to be dismissad with a�ulins
<br /> curc sueh�deFNnnt md reinri�,�s provided in puaar�h bY or dkr material
<br /> that, in i.enda's good faith determin�tlon, Prxludes forfeitun of llre Borrower's ic►tereat in �be PrapertY
<br /> inopa�rm�eot of the lien ccraMOd b'Y thi�Securiry Inttrumeai or L,eoder',�a�rity interest. Borrower�hall elso b�e in default if
<br /> DormMer,durinb the lwn a�a�e,e�tiun prooess,Eave m�te[n#lly f�lae or inam�rxe �niormatlon or statetneats to lstxkc(or failod
<br /> W providc l.�eader with uir waxt�cxia!informxion)in c.onna�,awn with il�e lo�n evidt►iu�d by tl�e Not�.includia6.��1 0�
<br /> to,nP�entations conatain��orrower's oocu�aocy of the Property�s x prtacipal raidenoe. If this Securiey
<br /> leasehold, Barca�ver shal� coroP�Y Wi� �� � P�'ovisbas of the le�se. If Borrower soqu�ires fa tide to the PtopettY. the
<br /> lezsehold�nd tA�ke title sh�l1�uot maBe u�as�er t�grees to tbe roerga in writing. �a���in
<br /> 7.Prot�dow o[I�a•".s�ii�hts ia the Pru�C*h'.nFf'9ocrowe�Is to perform the coveaaats and agramea� such as a
<br /> thia Sxuriqr Ias*�ument, or zhere is a le�a!pt�a,�ooding�t�hat may si ficantly iffect L.ender's rights in tht!'r�►o�"c�."+Y�
<br /> proceedin�rn�.��T�'�ptc�,�p��� �a�an,mrl�qmatwn or f�orteitun or ta eaforce lan�s or regulat�c��s), ���Y��
<br /> pay for vrh�ux+;�.r is n�cessuy to Protxt ¢��:e v�lue of the Propeny rmd I�kr'a rights in the I�,�, . . _
<br /> include p�YimF anY wcas xcured bY a licro which h�t prioriry ova thia Secudry Iastiumrnt. appearin8 in wuzt, W�}�',:e:z,
<br /> reaoonable atior�xys' fea and entering on the Property to m�lce cep�irs. Althcwgh Lender maY take aetion undar this puagraF+h
<br /> 7.LaWer daa not hrve to do so.
<br /> Any�rtul� disbui�sed by Lender w�der this puabrsiph 7 shall become addition�l debt of Bor�ower soc;ured by this
<br /> �ri�yr lns�r�c.:nt�t. Unlesa Borrower azd Lender a8ree to other c�r.�;�•-�of payment,thtx amc�unts shall beu interest frorn n�
<br /> cl�tc of dititM'�:RCment u the Note rate arel�shall be p�Yabk, aiQ►�a�r.�rrat, upon no�tia from �.rr�r to Borrower reque�•�:�r�,
<br /> �:atg;�leent.
<br /> �. Mwtp�e i�rance. [f Lender required nx�;n:;ti�g�insurance u a condition of m�lcing the loan ucar�t:•t���his Security
<br /> [nstcumeot„ t�r.cROwer shall pay the premeuvns ttKgcvlm�:;�o mainain tbe mortgage insurance in efioct. If, fu�t any rr.zson, the
<br /> mongage ienc�l�r,,i�:e coverage roquired b�y 1Lemder l:qsses ur ceases AQ be in effxt, Borrower shall�+�y the premium�caluired to
<br /> obtain cov���t a;;'oatantially equivalent r.�cr W4e ct�rtgage insuz'ancr�1�:!eJ:iously in effect, at a casn ss,ui�tanti�lly equivalent r,�+i:+�tt:
<br /> cost to Borron�ra of the mic+�tgage insurance previRUS4Y i.�effect. 'fr���.�n an alternate tnottgage�ta��;�' appraved by I.em�Ves. I!f•.
<br /> sr,ibatontioliy equiv�lent m:c�:�;�:sge inwrance coveraae is root av�ilable,Borrow�� sh;�':t�t�y to l�ende�each ma�:rrt�tta 2 s�at-�;;1��a tn
<br /> ooe-tw�ejfctu of ttoe ytariy�mr;rtgaga insurance premium being paid hy�rrow�er wi�,.:;a�e insura�xx covsra�e O;e1 p5t5(i Q'iU.'s�e;uail Zo
<br /> be in etq(xp.Lcnder will accept,asc uu!crtain tLese Wyroe�ts as x kus «se�ve in lieu of uartgage insuratfce. 1ASS it�:s�:^'�
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