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<br /> S. HNt�rd or 1'roperty Ia�uraace. Horrower shill keep tho impruvements nc�w'eYisting or hel Tte�—ererG�-�an
<br /> the Nro�arty inaured i�ainet loee by firc, h�z�rcia include����ithin the term "ert�ndec9 ctivsr�p" �nd�ny other ii�x�rd�,
<br /> includin�flc�oda or ticx�din�, tor wh�oh I,ender requiros in�sur��ce.'Thie inaunnve eh�ii bn m�intained in tha amaimta
<br /> nnd tor the perincl�th�t I.ender roquirea. Tlie ineur�nce c�rrier pro��idin� tM �nsuran:e esh�ll ix chu�n hy Hormwer `
<br /> subject to I.encier's Approv�l which nhill nat be unrca�cmabl}�withheid.Jt l3orrowor foile to m�int�in cuvee��o de,x:�ii�d
<br /> above, Lender may,�t l,ender'e option,obUin covenee to pmtact I.and�r n ri�hte in the Propetty in�ccordaoce with
<br /> pera�raph 7.
<br /> A11 ineurance polictee �n�renew�ls stull be i+ceept�ble ta Londar�nd ahsl) includo A etsncf�rd mr�rt�a�e cl�uee.
<br /> I,onder shall h�ve the ri�cht to hold the palicies and rQnewals. 1t l.ender roquiroo, 13ormwer ehdl pmmptly aive to
<br /> I..ender all roceipte at p�id premiums�nd renew�l nutices,In the event ot lone,I3orrower stt�ll Qive prompt notice to tho
<br /> irun�remb urrier and Lender.l.cnder mey mnro proot of loeiv if not made pramptly by Borrover.
<br /> Unlese I.ender�nd I3arro�eir ot��envise��ree in�ritin�,ineunnce proceod+s shdt be tpplled to roet�ratian o�rop�ir
<br /> ot tAe FceisertY deme�od,it the r.estvar�tian ar repeir is ecr,�irami.caliy te�sibie�nc}T�ender s secucity is not lese�n.ed,It the
<br /> t'C8t01'StfOfl.Of CC�I:t k$1lOL E(.�QfK?[k1tr.:atly 1f�ausi?s�o ar Lerndcr,°�r�ecrxi.tX r�+JLc3 bo 1!r,,secrtcd,the inaurance procaedn shall be
<br /> �pplied ta the s��ms�ecuced�y this S�ecv�iity Ir.nstr►a�nn.ex►t�wMrmtl�r.or. aot tlh�cn c���,�e��vi.th�rty ettcaes paid ta&�r.r.owdr...If.
<br /> BorraWOr abandons tha P'topercY.oc doas not�nswer wethin.30 ds}��n.Qtr".retccnm.l,,ender ttut the inaut�nice catrci:er. h�s
<br /> ••��C�w L^v w�LiC L L'ii.i.''Jt� :�:r"•'•1�rvi�e ma��ll�1j the Ii1Rt1F�fK.`C DR'O�CG'C�6.�t(�EC !1'!Iy ��eo the proceeds to�r.e�er. or.
<br /> :Gste;c!he Pmperty or to ry�v gums:sxur�od by this Securit!Instrumerct,wfi�etAeR or ar.At than due.'Che 3Q'cLy peri.vd�il l
<br /> be�n when the notice is��ven. •- .
<br /> Unless La►der�nd Borrowet��%7h�r�ise�Kq°�»writine,�ny applicuianof proo�cde to principal ahaU nat cxtend ar
<br />� postpone the due datc of the monthlv pysm?,caas scferred to in pua�aphs 1 and 2 or cri�n�tAe smount of the Eseyments.
<br /> ' I[ undet pua�raPh 21 the Proporty 3e ar�a��•e�i by L�ender. Borrower's ri�ht to tny insuru►ce polioios ind procoede
<br /> reaulxin�fmm dam��e W ihe Pto{!r�'tY P*YQ�tio tho�oqui,ai;tion eh�ll pase to Lrnder to the aitent o#tho suma mecurod by
<br /> . this Security Inatrument imrnod'a�4aSy prior w tho acyui�i�i��.
<br /> 6.Occup�ncy,Pre�erv��(a��'n.�M�inten�nx aad PtuYectioo o�the Property;Banower's I.o�n Applicatloa;
<br /> I,ea�ehaldr. Borrawor shall oceli�y''.�blieh.and uee the Propr:rty�a:�:ElorroNer'e princip+l ro�sidencc within sirty days
<br /> atter the exocution of this S�c,iyr'tty Inetrumcnt and shall oontint�e s;_.accupy tha Proparty as Borrower's prit►cip�l •
<br /> reRidet�a for at le�et one yr,arellY�drthe dste ot oocupncy,unleee Lenr7er dthenvige��reee in Nritin�,which oonaent ehaU �
<br /> not ba etelteasonably Nithhelal,r,z u �ess entenuatinQ circumsuncss eYist Mhich are beyond BorroMer's control,��troMec
<br /> _ �h•!1 Y,���a iinatmy,damage or i�n,.��c the Yroperty,ailoN the Property to cktaior�te.or commit Maete on th%�1,7Y.uperty.
<br /> $ocro�vtr shell bp••3�detault if tny for{eitur.e action or proceedin�,Nhether dvit or crirriitui,xe be�un tba iin x:�endo�'e
<br /> � '� �ood faith jud�txSRnt could result in fot[�pot�ar�.ot the Property or oth�rnviae materiaily i rnpir tha lien croated by thia �•
<br /> .�:' , Security Inatrurhn;:,s ur Lember'e aecurit��i,�iaroas. Borrower rn�y �v�rr,.' such a deiault �d n�aa,astate, �a pnividefi! ia• ,.,
<br /> - p�ra�rtph 18, by"ciu�in� the action or pr�.�eeding it�•:t� diemin'snd with a rulin� ttut, in I.en3er's •��iri�,il�:isi'iD�� •
<br /> �,� ,; de�tormsnatiun,procludas torfei�i+�e of the Aorro�or'e ifi�cane:�in the 1'roperty or otfier material impairntef.r.'tc•��`F�iliti7iFn "
<br /> crc[:e,d:by thia Sba4rity Inatrumtnt or[.endcr's exurity i�n'�ete$t.Bottower shall i1�o be in def�ult it Bonaiut�;,r, c��rin� .
<br /> the loan appljcmt:���n.Qrocaes, 8ave m�terially telse ar ineccucato�j�n?rirnn�tion or suuments to I,cnder (cir'la�led.tra.•�;'
<br /> prov�de Lender�7;�:;,c!�any►naten�t intorrf�xtio•n)in connxtion with 3he•7c�n evidenood by ti►a N�te,includin�,but,rl�o;if
<br /> - ' limited to,r�pi�a9entations ooncot�in��rrower's oocupncy of ttt?�'�f.roperty aa� pcincipd reeidena. Ii thie Security�. .
<br /> lnstrument is on a la+oehold,k3orri��ra shdl comply Nith all the pro�+iAions of the�e�ee.I!BorroMOr aoquiros ieq title to'
<br /> ,= the property,the lweohold and ihe ta title shall not mer�e uuleee L,end�er a�roee to the mer�a in writing. •, � �
<br /> ;.,; � 7.Protect#un of I.eader'�Ri�hts in t6o Property. It Borm�ltr,fa�le co pertonn she oavenants and a;��ementa
<br /> �<< � contained in this Security Inetrument,or{hEre is a I��al prooeedinK;Bhat m�y ai�ific+ntly d[ect L;ender'e ri�hta in the
<br /> ,�:{ . pm�rty (such •af, a pr+oc�vedin� in barikrupky. probato. for cor�zlemn�tion or todeiture.�aa; ti� entorce laMS or
<br /> `r ' tvgulattpns�.then Lender m�y do and pwy for Nhatever i�qeree�ry,io,procect the v�lue of�f�o!f���r�i�Y w�d Londer's
<br /> ���• tights in the Propa'ty.I.endet's�ctirms m�y inciude paying xhy�u�e securod by.R 1i�:wna�c`fi'3�s priqr�t{f over this
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<br /> $ecurity�Irtstrurntnt,sppetrir►�in oourt. p�Yin�reaeonable sttorneys' ee6 and enursng oto'the� Y to'rF1a'ce tepaira.
<br /> `:;�_ plthou�h Lender n�ny take iction under thia p�ra�raph 7,I.ender dcr.s not h�ve w�eo. . �
<br /> :`�, My�moi�nt�diebureed by Ler►der undec this pr+�raph 7 shal!b�xbme�ddition�l debt ot'r.�otroNec eecured by this
<br /> �� Security Inrtrument.Unlaee Hotrownr and Lendet aeroe to other terrn�of payment,d►ese uinamts etull be�r interest
<br /> - trom the date ot diaburxmont•et the Notc nte�nd ehall be paysble,with interest,upon nodce fmm La�der to Borco�er
<br /> �s roRu�tin�PeYment.
<br /> _q� 8.Mat't=+�e Iasursace.It I,ender raquired mortg:i;o insurance�s:conditior�ot riaikin�ihe lwn secured by thie
<br /> �?, Security instrurm�nt,Barrowtr shall pay the premiume requirod to m�intain the mortpee insulrance in dtect.If,ior any
<br /> '• re�sdn, the rnortzagrs itussitat►cd cov:ts,�e requtmd b�,�.snr3er 1��or ce�ees w be in btfao t,��!moMer ehall p�y the
<br /> '�� promiums roquired W obtain�ce�'era�e si�bstaatiaJt�•ec�uiveltn't te tihe mart��e insunncx pt�.v.i4,':s7y in etfect,at a cost
<br /> � subst:ntidly equivalent tu :fie�ast tn Borrower Afi the mortpQe inavruio� previou�ly in'eY�?x��t,ir�m en alte�rnate
<br /> � mort�a�e insuror approve�d �y L.endrr. lt substant;al7y equivalent mortp�e i�csnvarm� is,n�� �wilable,
<br /> .,,, BorroNer sh�ll�xay ta T.�ec►der erch mo�a�c�h n sum equal to one-t�vel�th of the ye�rly mort��e nnrtn�be prcmium ban�
<br /> �'.� paid by Borrower wk�en the inaurana ce�reragC lapeod or cxased tcn�hz in ettxt,l.ender will a4cc:p2,ust and retain tha�
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<br /> pryments as a loas re+�erve in lieu of mort�aye in.4uran�. L�a� :��eaerve poyments mty nn lon�er !x; requiroi4,
<br /> F�r� Hi� !/!�
<br /> ' ���1�21t►O1 ��N 7�f� IMtINk
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