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<br /> , 9, flaxard �r rroperty In�urance. Harrower ehall keep the imp���mr.nU n��w exiFtinR or here+itter oroctad nn
<br /> the C'rnaerty inaurad�Ysiru+t lc�+b��firr,h�xirds inctudeil within the term `extr.ndal cuveraYe" ar�d�ny ntt►ar h�►z�rda,
<br /> • incliKfin� �1cx►de Qr flandinR,ta�which l.ender requireA irteut�t�e.Tnin inaurmce eoiii bo m�inisinai iu iiw:�i:��u��:�
<br /> and for the pef�iade tiurt i.andrr requiree. 'I'ho im+unnco c�rrior provldin�the ineur�ncn Rhall bo chu�cn by k3urroker
<br /> �subject to i.endar e�pQro��al which siutl nnt be unre.reambly withheld.tt Hc�rr�wer[.il�s tu mrintein�vivCreje dw�cril�rd
<br /> atwvc,l.ender m�y, at lxnder e option,obUin ec►vere�o to protxt l.endor'n riRhtn in tha 1'ro�rty in Nccord�ner�ith
<br /> p�ngnph 7.
<br /> All inaur�nce polioi� �nd renew�le shdl 1n�accepubin to I.ender and eh�N include a �sunderd marc��ke cln�.se+.
<br /> l.ender eh�ll have tho riRht to hold the policies and renewale. lt l.ende�requ9res. liarrawer sh.11 rr��mptly �iva :u
<br /> l.ender�II roceipte at p�id promiuma�nd renew�l naticeA.ln the event ot I�x+e,�rmwer sholl�ive pn�mpt nntice tn the
<br /> inRUrnnce carrier�nd I.ender.I.ender m�y m�ke prcx�t nt lnee it not made promptly by�rrower.
<br /> Unlee�+Lender�nd Iiacrower otherwise�gree in�ritin�,ineur+�nce pnxeods ehsil ho�pplied t�rGStarAtian�rro�ir
<br /> nt the PropeMy d�m��ed,if the reetoration or r�p�ir ie economially teasible�nd i.ender's security ie not lcss�,ned.llthe
<br /> t�►toration or rop�ir ia nat economicilly faslble or l.ender's seaurlty would bs leseenod,the insurence pn�ceeds shdl bo
<br /> appliod ta tho sum�s secue+ed by thi�Security Inetrument,Nhether or n�t then d►� with any ex��Mid to Bar�»wer. It
<br /> 13c,rmwer�b�ndane the Property,or doae not anaNer Mithin 30 d�ye a r�oti.ee irom T.cndor that the inaursnce c�rrier has
<br /> ofterod to eettle�cl�im, then I.ander msy collect the inaur�nce proco¢ds.l.ender may use the prceecds to repilr ar
<br /> ra9tore the Property or ta pay Rumr��ecured hy thie Security inatrumen.r,whether or not then due.'Phe 30'd�y period w ill
<br /> t�crin xh�n the natice ie�iven.
<br /> Un�ess I.�nder and&�rro�re+r�r.tucr.wix�a�x in wridn�,any apptication�' to princiµ�l shrll not eztend oc
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<br /> �ao�pane tho d��e d�te ot the n!RO�ehl:yr p��ment,s retemed to in pus�ra�s 1�nd a ctu��rge the arn,µcaunt ui thn pyment�.
<br /> Rt ur►d�r paragrapR �1 tt►e P�a�x is acq,uit¢+c� bY l..ender. BorroNer'� ci�h� ta any inseuy►n�.�a P�ticits md praroe,ds
<br /> resuEten�f�rann dan�eo tcT ttne Prope�rty p,�ior tn the w�uieition a!►�!!�tcr l.osxkr to the eutent o�the sums aeee.xred�►Y
<br /> thiR SecuritX Instrurnen,t imtxeediatel�pn or to the aoqu�eition.
<br /> f,.()ccupancy.P��servatioe.Maintonance sad Prntectiun of tt�e Property;8onower'e l.oan Applicatiaa�;
<br /> Leasebo9di.l3ortower sh�ll occu�ry,establieh�and uee the Property as Baero�er's princip�l resiJence Nithin sirrt!'d�Ys
<br /> after the exxutioe ot thls Sneunty instrumtnt and stuii eontinue to occupy tho P�opsrty �s �arr.s�er;: Fs'a�i~�! -
<br /> residence for at last ono year afier the date ot aocupu�oy,unleae L.ender otherwrise��roes in writins,whiah cansent ehsll
<br /> not be unreasonably�+Ithheld,or unleas��ttentqitin�c�rcumeRancoe azist which aro t�yond Barrower'R control.$arto�►et
<br /> shall not dostroy,dama�a or imp�ir the Property.alloM the Property to dete�pr+t�.a'commit�aste on the Pnape�sy.
<br /> Aorro�ver ah�►II be in de[�u1t ii any tocfeixu�e�ction or proceedin�,whether civll aK criminal,is be�un th�t in Lmder's
<br /> �ood laith judement could rasult in tocteituro of the Pro�erty or other�viee materidly imp�ir the lien created br thie
<br /> Security Instrument or I.ender's exurity int�rost. BorroMer may curo euch a detault�nd reinstate, as provided in
<br /> Qaraltc�ph 18, by �uBin= the action or pr�xaxding to be dismiaeed Mith a rulin� that, in I.ender'n Yovd t�ith
<br /> determination,ptecludes forteiture o[ti�o Bixro�er's internst in the Nropercy or otixr mataiai im�irmrnt oi ii�o ii�n
<br /> � „ created hy thiR Security Instrumcnt vr I.eridePs exurity interoet.BorroMCr ehall slao be in detauit if,�in�m�ro►. durin�
<br /> � the lan applicaxior► proc�ss, ga�e materidly talee or inaccurate iniorm�tion or at�tcment�to �.e+�er(ar�aakd 1u
<br /> ' '� �rovide Lender with�ny mat�rial information)in oonnection xith the!wn evidenced br the No.ta��e��luili�,•�not
<br /> , � limited to, repr,esc�:r�.�����t�s Lonarning Borrawe's'�occupu�cy ot the PropertY e�a Princip!res�d�r���:::ft thi �uuj�i,tY ;:
<br /> �natrument is�n�I�risz�?iold.Borrower shalt conn�ly with ail the pmvisions ot the luse.It Borraw�f�3w�quircs�bc_title t'o'{,,
<br /> " •� the Pro,���ty.tf►e leasehnYd snd tl�e#�e title at�tilt nas iner�e unlees I.enda�a�to tho mer�er in writin�. ,`.'� . :�
<br /> ?.,'�'�ro�toetion of I.endor s I�nsbts in�/!ie'�'roperty. If Borro�rer tails w pertorm the ooven�nts snd s�tPemcx�u
<br /> contain�c3`In thia Security lt�strv��m�:or thtrcis a le�al ptoceedine that m�y eijriaficnntly attect Lender ti n�hts in�J�e
<br /> Property (such �s a.,proceedit►g�dri bu�kruptcy. pcobate, tor condemn�tton or 'tarteituro or to en[oroe la��n or
<br /> ro�ul�tions),then I.�endac,m�y do and psy to�,whatever is nooedeuy to p�otect the value ot the Pcoperty at�d La�der'a
<br /> ti��te in the Propw�ty.:�:�nckn''s sctions m�y itrclude pRyin��ny a��m�s s►��Orod by,a lion which 1►u�prlority uva this
<br /> �i�air�it�r Ya►strumrnt,.��earin�in court,pyin�re�sonable attornays'fe��nd entat�in�on the Pnoperty to make rapaira.
<br /> Atthough L�endec may take action undec this para�rapt�9,Lender�nRtthrve to da so.
<br /> ;, Any amounta d'pbureed by Lendec undor tlus p�r�a�raph 7 e�fiall become�dditlontl debt oi Botmwer exu�ed,by,tlue
<br /> '.Securiry In�trumen��,l�tlesR BorruMer tnd l,ender aaree to other terrr►.s:ot`p�Yment,thoae amountx eh�ll beac;�nt�reec
<br /> trom the date ot di�fi�rsement at the Nou ate'a•tid ahall be p�yable,�v�t�i�tarast,upon notia trqm�l�ndec,'�o�arrc►wer ,
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<br /> �1 �P�Yment. , .: '�'
<br /> , '• �. 8. Mort�sje�nsuraaee..,1t�I,ender�'e9utred mortg��e ineur�noo as'i+cbndition pf m�king thd��oan eec�Grg c�7'by thls
<br /> Security[nstrumsent,Aorrodeur,sh��il p�Y the premiums raiuiirod to maint+4in the iii�ctga�ine�rana�n ettect.If;ta any
<br /> �, reaeon, the mo�tQa�o,�naur�n�q;covera�e requirui by I.ender lapee.s or ce�see to�Iia ia�efteat; ��n+ower a�ll pq the
<br /> promiuma requioed�t»bhtsin�Ovet��e aubst�n4ietly eguivalent to the mort��e insur�nce previausly,tn etiect,st�oaet
<br /> , subetmtidly equ[v�i�rat'ta.ti�..COgt to BorrbWe� af tho mort�a�e insurenx previously in atfect, from an sltemato
<br /> ��:. ,' mortyp��e,insurer approved by tendcr. [t sub'stenti�lly•equivale�xt mort�age insurance ooviceaQt is not a�v�il�ble,
<br /> $c�rr4�(et shalt py to I.ender�qach snonth�sum equai;to ona-tweltth ot the ye�rly mort�age inaurance premiurn bein�
<br /> pid by�,��orrower when the irieurance vavanQes lapeed or;cbnsed to be in ettect.I�eaidGr will avoept,us�end retwin theee
<br /> ;,' '' payments as a losa reserve in lieu of innrtge�e �nsut�ince. I..a�s reservc �ymante m�y no Innger be required,
<br /> .' •, . �- • . F�nw ��t. !/!1
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