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<br /> S.Has�rd or Propert�In�urance. Barcawa sh�ll keep the Improvern�nU now eaisting or henat�rr aoctod on the P�o�xnY
<br /> insured�g�inst kus by fire.haraMs included within the term"exunded coverage" end any other hwrds. including tlaods or
<br /> fioo�ling,for which Lencki roquires insurancc. 9his inswnnce shall be mwintainod in the amounts and for tl�e periocis that l.endu
<br /> �uy�,���y��arrkr prov;ding the ins�uu�ce sh�ll be chosen by Aormwer sub}xt w L.cr�der's Approv�l which shall noi
<br /> be urueacon�bly withtxlci. If Borrower f�ils ta rneintain covernge describod abovr,1.ondu may, at l.cndcr',> �}�ir�n.., Wxain
<br /> coveragc to pmtxt I.u�drs's rights in thc Pro{�ry in�cco►.�r.+r,�wi�h��7• ctaiu�. Lcrx,fix�tta�P
<br /> All ir►swsnce policies end rencwAls:�tnatf T�e�ocep�ah�a tra E.er.nrle+�a�d.>I�aJ(1�xGnde�:s�and.a►cd►n�x►,gag�
<br /> havc thc right w hald thc policies�r.cnawa,ls.If,=f.,esn�3a r.rquiAes�1'!�x►.�wer shaJ!!pr�r�?+;CY 8'r.We rra P..ecrEle��lt .m,�ei�rs of�ai�f
<br /> qr.�miums and ra�ewal no�ioes. tn the event af Doss. Boert�wer sl�atD give pro�npk tvo+�e ra iiae insiuAnrx carrier arx3 P.�xler.l�ec
<br /> cr,n�make proof of loss if�aot ir.�adc prort�ptiy by B«mwnu. �
<br /> Uokss I.erncfer and Bwrmwa ott�awise agrx in wripng.insur�.'o procoafs shall bc appGed a rcsWration oQ repair of the _
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<br /> rroperty au�n�4gea,w uie rcai�xaik��ar ic�r aa��,..�.�.:l,y f'u-.�.Y.,.,:.d,.�,:.,.,. � .,,,,,.»: �
<br /> rq�ir is nat oca�ir�li�r fieasibb a Lenda's socurity would be i�s�.a�.ihe insu�anca�roceods shall be s►�liai w tl�e:�cm,a
<br /> cxuted by dux SocWriq� Irtsp�utnent,whettKr a not thdi due, wiQi any exccss paid to Botrowar. If Borrowec abau�do��s ol+e
<br /> property,or docs not mswa within 30 days a n�tia from Lenda that thc insur�ce carria�offered w seuk a claim,!.hen
<br /> � L.er�der n�y cailoct the ias�r�nce procoods.Lendx rtuy use the procads W repa�r o+r restoce Ihe Property or to pay�ia�ns securod
<br /> by this Security Instrument,whcUKr ar nor.ihea duc.11�e 30-day puiai will begin wha�thc notite is giv'tn.
<br /> LJn1�ss l,exider and Borrowu otherwi,s�ar;,r.a ir�writinB,anY APPi6cation of proceods w p�rmer�a,�,shall na eacu7�d or postpone
<br /> �hc due dale of the monthlY Pe►Yma�ts refcrre� eo in p�ragnphs 1 and 2 or change ti�e�nount of qR�Rauyments.If under p�ragraph
<br /> 21 the Propaty is acquired by I.eader.Bortowa's right W my insurance policics and proco�tis r�,sulting from damage to the
<br /> . Propaty prior W the acqui.c+t�an shall ps�W Lencia w�hC oxtent of the sums secura�by this Security Instrwnent immodistely
<br /> prior oo the acqui.dtion. ,
<br /> 6.OCCUp�rar.;ir,I'raerv�tiWr Mai�teOnCllod P'roteCtiO�of Utc�rOpertyi Ba'r'o�vn's LOAn AppliCatior L.d�sellaWs.
<br /> - �sarowcr siwii�eupy,e.ii�roiiii�,�Mi w�ttw :"�.� :.s E�:ra���'s r�.lrru�mik#enCe Withi[l Sl7ttV I�VS alld[lI1C GXCCUt10C4 Q�I�
<br /> , this Seeuriry In.etrument�►mzl slWl continue w oaupy 11ae�°mapaty u Bexrower's prnrtr.ci�a�i resicla�ce for at leut one year dux tl� _
<br /> dYe of occup�ncy, unk�s 'L•cndtx ahawise �geo�s ir� a�r:ling. which consrnt shs11�sx be uncealo�ably withhcld, or un{ess
<br /> , exlenu�ling circumstanxs�vsist which ace beyond Bomaw�:;r'.s control.Bacrowu shall not dastroy,d�mage or impoir the PropcRy. —
<br /> allow the P�a�ereY ta deterkx+�e. or commit wasu r�ni �he Propaty. Borrowcr s1u�ll be in ek��n:�iat if any forfaWre actlw�ar
<br />� . p�t�oding.��rriher civil or crimin�l,ic begun�hat in IC.e�der's good faith judgment could r�cuill.in Tor[eiwre of the P[o{x.rty or
<br /> c�it:crwise�it►�erially imp�ir the lien created by thi�Sc�;i�,�nrP �nsarument or I.eruler's s�car3ty intit�c�.�otmwar�ay cure such a
<br /> � ci•�tault and:nzinsiate., �s {xovided in paagt�h 18,by u�a�ing �he accicx�or proce�,nsng co be dLsm�.aod vntic.a�uung �c,u�
<br /> I�a�der's goiidf fi�ilh ddamination.Precludes fafoituro of the Bormwer's in�xest in!he PropaiY ot dher mater�ifl9�rrepeirtnent ot
<br /> � the lien cnatq�!�by U►u Socurity In�tcument oe l�+�da's aocuriry intcrest.Sorrower styll ala bc ln a�eJF�ult if Bcx�wcr.during d�e
<br /> ?, lom apptic�tkxn proce��Save m�teri�lty f�lse a in�ccur:le infoRnHion a statenx,nts b L�der(ar f�ikd w provide Lader with
<br /> :�. �►y mMa'ir1 infomiation) in oonnoaic�n with d�c b�n evida�cod by the Note� including. but not limited to:�rtp�qiti�ns
<br /> ,� concerning Bamwa's oocuponcy of the Prop�erty as a princip�l resideece.If this Socurity Instnunent is on a lamet�old,Barrower
<br /> sh�ll comply with all the povisions of the leas�[f Borrower ecquires[ee ritk to the Pro{xrtY,the Icasetiold and 1he fa titk sh�U
<br /> not merge un�4ss Lu�da'agrees oo the merga in writiag.
<br /> 7.ProlesQ�iup of l.eadG''s RigMb is tMe Propertr. If Bottowu fails to pafam the coverwin7s and�groanents Cptpined in
<br /> . this Sociuity'9nstrumai� or�t�ae is a l�gil Procoed�►'►�that may signiPicandy�tfect i,erKfer's rignts in the Pro�aty (suc6 as a
<br /> �xcKxeding in��kruP�Y.P��•fcx�o�forfeiture or to cnfcxcr.4ws ar ttigul�tions)�tt�Ira�der�may do md PaY
<br /> � far whatever 3s rioctss�ury.to}�ro�oct the vallue o[tln F'topw�ty and L��da's rights in the Pn�patY•L,aK1er's acdons rrwy include
<br /> . p�ying any sums sxurod by a lien which tw priority ova ttiis Socuriry Instruma�t, appe�rinB ►� caui,P�Y�g �bk
<br /> ', atuxneys'�ft�es�nd enl�xing on the Propcxty to inake rq�irs.AY�hcxu�;lh 4.es�der may tahe action uader Ihis p�n�ph 7.L.ender
<br /> doGS not hss�c�to do so.
<br /> � MY ai7?ounls disbursed by Lender unda' this pragrApt�7 shall bocome siddi�o-���u��d debt of Bomower socured by this Security
<br /> 7netnuna�E.'.17ti1ess Bamowa� And L.end�.r�gra to otfKt tams of paYment,thcse �unamts sh�U bav intenst from the date of
<br /> di�bur�an¢anie ni the Note rate and vWl be pyaDle. wi�h inta+wt,upon notice fmm L�ender to Borrawu ra1�8 WY�G
<br /> e.l►�ax�t:�;n�e Insurana. If Le[�fer roquitad mortg�e insurance as a condidon of malcin$.mhe loan socuroel by thiv Socurity
<br /> ilm�i,iumcnA'�orn�wer st�aU p�y the premiuriu roquir�d to maintain the mortBs�Be insur�nc� i� .oFfec� [f. fa any reaan.the
<br /> :rs,nr�gage•i�surwice covuage requirod by Lcadx la{�s���r¢rases to be in affoct,.lb�c,r�t�wcr dh:i'1�1 pay the premiums roquired to
<br /> y�kti,�c..�,ti�ge subsuntially equiv�lent W the mortgage��n.r•urance previously in clbicc'w at a cnst substantiaHl.y��oe��civalent to the
<br /> • cosc w?�r,arn;usu�of the mortgige insuranc� previously in effect,[rom an altematC mortgagx oms�ra aFr�::6y Lenda. If
<br /> sub�tantiaWt}r�cquivaknt mortgage insuranoe covcrage is nat�vaa0�h7e�12i�arrowa�ha11 pay to I.e�dfcr ach monlh s sum eq�l tp
<br /> one-twelfth of the yearly mortg�ge insusanc� qanium beiog paid l�l�'�o:�:rsl+xer wll?,en the insurance covuage I�paed cx a�ed!rEa
<br /> 6e in effec� L.endex wiu accepl, use and cet�n ihese pvymrnts u a loss res�r,+�r;�i�r•.ticu of mongage insur�ece.l..o�s res�e -
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