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<br /> 98-ios�o
<br /> 5. H�rd or PropeKy Insurance. Bormwcr sl�al! kap the im�rovements raw existing or hereafter erectal on►he
<br /> Pro�eny insurcd egainst loss by fire, hezartis included within ihe term "exlendcd ca�•eragc" a�xl any other har.a�is, inclu�ing
<br /> � floads or flcxxling, for wh�ich Lender requires insurance.This insuraixe shnll be mxeNni�leJ in the umounts a�x!for the prricxis
<br /> �ht►t Lendcr requires. Thc insvr.a.n�.�c ca}rricr providing the insurance shall be chosen by Aormwer subject to Lcnder,'s a{xproval
<br /> : �vttich :�ha11 not b� rar��:;��h1.T��°r.i.t:l;:hejci. If Norro�ver fnils tR m»inrain crovrra,e �l�Ix�rJ rr�ove. ).ender me.y, ;Nr��.rat�'?er's
<br /> � e�laon. oMai.n,ci�ver.agc t,n�crar;er.tT.a�'�.r,'s tigh.ts i.n the Proped.}r in aGCO+�rlance witJn�n;�ra{.�r.7. �;. ';Y:••';,� .
<br /> . Ae.l.l irr:��.ran�e �J,S,c•Pr�s:ia:x�:,r�.nri�yrhZ�sJial.l. be accernahl.�I:a f..er.�der vnd.s)ha.l[i:rrcl¢��i:e a. sla�td�r.d: mor.t:gag¢c'�Mil��'. 1aCnit:;:'.� ' �
<br /> . ,. . . �• sfi,aJ.I Er�ve titie right ta}�S�ttit�,�r�7icies a,�d cen�waJs..If:L.�ixJ:er, r.�.q+tires. Horrower slu(l prcn�+�i,l�y give to I.onder�11�xceci;�?�§t�Y• ' ''
<br /> � paid prFw;�iiuems a�x1 r+enrwal natic'e:�,ln:che event uf Ioss,Bornrwcx shall give pmmpt notice t�the insurance curriet And xr:�iler.
<br />,�+•• � � Lcnder m�y make proof of lass if t1�t�:m�de pmmptiy by Horrawer:
<br /> � Unless Lcndcr a�xl Aorrower othemise ngcee in writing,insurancc proccocls shsll be applial to r+estoration or rep�ir of 1h�
<br /> ' Property dameged, if the restoration dr npair is ccor►omically feasible ar�d l.cnder's saurity is not leasened.If the rtstontion or
<br /> ; repair is not ecanomically kasible or Gender's socudty would be lessenod,the Insurance proca�s atiall be�pplied to tUe wms
<br /> � socurod by this Security Instrunxnt, whether or not then due, wi:h any excess paid ta Borrowe�. if Bornower�n the
<br /> ' Property,ar das not rnswer within 30 days a rx�tice from I.ender thet thr insuru�ce c�rrier tuis ofYered to eattle�cl�im. then
<br /> Le�der auy collect the insunnce prooeeds. Lender rn�y u�e the pn�aods ta rq�ir or ►estorc the Property or to p�y wm�
<br /> ' L_.L»�__�_. L_.�.l..� TL�'fA.l.... .1��7 '1� l.�i�...L�«�L�..��7��1.wl..�..
<br /> lO�:YfK1 Oy 11116 JCtiYtI{y IIRt1Y11Rlll� WIKN1Cf ln IRM NIG��UYG. uw✓arw� µu��u:riu K���1 w�KJI YM�IwlpN:�a�nM�.
<br /> Unlauc i.eoder uMi Bortuwer otherwiec �tx� lu writir�Q, any �ppl{c�tEon af proreed� w principal chall noi txtet�d ar
<br /> pvs�pane the due date of the monthlv poyments rcferrai ta in pprr,�r�ahs I and 2 cx cfw�e Ihe urxwnt of the p�yma�u. If
<br /> , unda p�n�nph 2! the Pmpeny la�cquirod by Lender. Borrower's ri�ht Ia�ny inwimee policies and prooe�eds resttldng trom �
<br /> darn�e to tMe Propeny prior to�Acqui:ition shell pass to Lender to the ax�ent af tl�ewnu sacured by this Securiry Inutuma�t
<br /> ; itttmrdi�tdy�►rinr m the acqui�itien.
<br /> i, Oocupncy, Preoerv�Hon,Malntenanoo wnd Protection o[tbe Propert�;Borrowa''�e Lo�n Appllcatlon;L.euehdds.
<br /> Borrower d►xll nocupy,establish,and use the Property ax Bonower's princip�l n�sidcr�ce within siaty d�ys aQer the execution af
<br /> �his Security Inttrurtxnt snd stull continue to occupy the I'roperty as Bornowar's principal�sidenca for at leact une yea��fler
<br /> IhC due of oavpancy,unless Lender aherwise agroes in writing, which con�cnt shall not be unneasonably withField.ar unleeu�
<br /> extaiueting circvmst�nces exi�t whic�� are beyond Bomqwer's coMrol. Borrower shall not destroy, ds►ru�ge or impair the
<br /> Property, ellow�he IM�perry to detcrio�ate, or commit w�cte on the Pr�operty. Borrower sh�ll be in default If eny forfeiture , ,
<br /> �. �_.4__ •� • �a � :►� � .� nn 1 n�t�n�Af f
<br /> i�i.�anhi aii piuii�fii��ivi�cu�a Ct�i�v�"i:iiY�cli"iw1. �t+�i.�Uii i�i:t iii�.;.i.�tl' ^p"...^.:.f S j�t,.:..;,.5...s d z�sIt in ferf_'_s._ .�
<br /> � Pnoperty or otLerwise mu'rially impnir the lien cieated by this Socurity Inswment or Leinde�i"s security interest.Bormwer mty
<br /> cun such�def�ult�nd reinstate,a�pr�oy�8ed 9n 4��ragraph 18,by causing the action or pnoreeding to ba dismissat with a ruling
<br /> � tt►at,in Lei�dcr's good faith dcterrnination, pra:IdSles forfeiture of the I3orrowa's intenst in the P��perty or othCr mataial �
<br /> � impiimx�nt of the lien created by;tliis'.aecuriry lt�trument or�I.ender's saurity intercst.1lorrower shall•also be in dsfault if
<br /> � Borruwer,during the loui appticallon,pnxxss;gave matarially false or inaaurate infom�atiun or statema►ts to L,�nder.(ur fdlod
<br /> � to provide I.ender with any material informuion)in oonnection with th� loan evid�nad by�tlu Note, including,but riof'tiMited
<br /> i ro. repnuntations eonaming Borrower's occupancy.of the Property aa+�prinCi�tal residence• If this Security Iniaument�is on a
<br /> lea.xhoid, Barrowee.sFwl! c�omply,with all the Ptpvisions of the Iease. If•�+�n9wer acquires foe tide to the Pe+opaty, che );.%;`;
<br /> . �,.,��:
<br /> .� � leaxhold�nd the fee GUe ahtJl not•metgo unleaA 1.axkr agnxs to t¢e mergu it� wnting, . , ���'
<br /> 7_ P»t�etluo of I,e�ler'e El�ghts•in�ti���'irnpeKy.if Borrower fRils to perfomn the cove�nAnts and agcnen�codaimd in �
<br /> , this Sa.�u'sty Ir�etrument, or ttxr�is,n.legal'proceeding ttu�t may significandy afTect l.ender's•rights in the Property (wch�t a
<br /> , . proceeding in banl�nrptcy, penbetq;;for Gondemnatjon or farfeiturc or to enforce I�wa or rcgul+uiom), then L.ender my cb ad
<br /> pay tor wbate��ar is �sary to i'atec,E��t�in'valuc�f the Property and L,erder'a rigNs in thc Pr+operty. I.ender'a wctions mty
<br /> � "' Include Eaying u►y sums secu��by,�e� litn�which has priority over this Security[nstrumart, �ppeaing in raan, pYing
<br /> reaaaiaWe+�ttomeys'foai and entering on the Prvperty to make repafcs. Althoug6 L.eoder may take action undrr this p�u�taph
<br /> 7, I.a�der dc►es no/have to do so,• '��
<br /> f Any an�ms c�isburaed by_i.xnda under this psrograph 7 shell.becoma eddipoiul debt�of Borrowa sxu�rd bv this
<br /> i Security Inctrurtler�t. I7nless:Ho'rcower and I.ender agree to other temns of payma�t. t6ese unounts s1++�1 beu interest from the •
<br /> dRte of distwrse�t►ent•nt'the Note�x�te nrxl shrll be payable, with intqrrst,upon ndicr frvm Ltix!e!�'?q Borrowa requeating � ,
<br /> P�a'mCnt. �' . , , ,;i,.,'+'• -
<br /> , B. Mo�ttqe Inurxna. If•t�endec requi�ed mortgage insur�xx es a condition oFm►�kira��ahe:�i�ic'socured by ehis 5ecurity
<br /> Instmcnent, 8ortower siudl pay�i�ie��remiums requirod to m�int�in the mortgage insN'r.�u�cc dt���irffticYi;�f, for�ay reaon,tbe
<br /> � mtmgage insurnnce coverage requixed by I.ender�lnpscw�r ceases to be in effect,Harrcr+���shal];}�Ay. the:,pranium� required co
<br /> obtrin cmerage substandally equi'vAient to the mortgage insutarxx previou�ly in:f�,�.,3l�A!Ct)SC yW'�S�tt�nfjdly equivalart to the
<br /> � cost to Aornower of the mort�pgc•ansurnnce proviously in effect, from an dternate ��ir��zg�';;t��itd�is,`;•ti�mved by I.endec. If
<br /> � suUstanNrlly cquivalent mongagc i;�surancc coverage is not availqble,Borrowcr shall yai�o-�4'f,��t:�n��c'yt,�t���nlor�th a sum eqwl W
<br /> onctwelRh of INc yearly mort�ago insuranc�e�rcmium b�ing puid by Bornower when tht irlwrance•.a'�wax�e lapaod or oe�red to
<br /> be inetfxt. Lcndcr will acapt,use and retein thcsc payments�s a Ioss xrservc in lieu of mortgage��tnsu�noe. Lou raerva :;:;;:�:"��
<br /> � Fam 302� YIY!1 .
<br /> _ Pey�3 of 6
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