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<br /> •I 4. COar�; Ucos. Borrowcr shall pay aU taxes,assessments,charges,fines and imposit�ons atuibutable to the ; ;
<br /> Property which may attaln prlority ovet this Sccurity Insuumeat,and leasehold payntents or gcound rents, if any.
<br /> ,... .w^ � Bonowcr shali pay thcsc obligations ia the nianacr provided ia paragcaph 2,or if not paid in Wat manner,Bonower
<br /> ��+ I shall pay them on Ums dlrectly to thc person owed paymcnG Boaower shall promptly furnish ta Leadcr all notices ; �ti';r'�:�','� ,
<br /> ot amounts to be paid uadcr chis paragraph. If Bonower makes[hese paymeats directty, Borrower shall prampdy "' �����•::*°'���,�-
<br /> furnlsh to Lender receipts evidencing the paymon45. - ''�'�`:��;;�t=
<br /> Borrower sdaA prompdy discdarge any Ilen which has priorIty over this Sccurlty Instnunent ualess Borrower: (a) �'�;;;,;�__�=__-
<br /> agrees in writing to the payment of tbe obligatioa secured by the llen in a manner acceptable to Lender,(b)contests .�°:-.�--. _.
<br /> in good feith the lien by,or defeads against enforcemeat of the lien In,legal proceedtngs which in the Lender's opinion ='='_—
<br /> operate to prevent the eaforcement of the Uen;or (c)secures from the h���dler of the lien an a eement satlstacto ��``
<br /> &r IY ,r�>rs---
<br /> to Leader subordinatfng the Uen tu this Securiry InstrumenG If Lender determ�nes that any part of the Property is , �':�_:_
<br /> � subject to a Uen w�ich may attain prioriry over this Security Iastrument,Lender may gn�e Borrower a noticc identifying •f=�,d_
<br /> �^�.
<br /> tbc lica. Bonower shal!satlsty th$lien or take onr,ot more of the actions set forth above wIthia 10 days of tde gfving �";,,,.
<br /> of aodce. ,uw`a'�-.
<br /> S. flaaar�a P�opaty Ia�uraux. Borrower shall keep the Impruv+emenu now eadsting or heteafter erected on „�.��_
<br /> � tho Propetty insured against loss by&e.hazards included within the terw"extended o�verage"and any other hazards, _�;�.
<br /> including floods or Qooding,for whlch Lender requlres insuranoe. This 1ns�crance shall be malntniaed in the aa�ounts .��r=_
<br /> ��a.-.
<br /> � � and for the pedods ctiat Lender requires. The Insuraace rarrier prnvldin��the insurance shsll be chc�sen by Borrower " �•"'
<br /> .��c�
<br /> subject to Lender's approval w h ic h s h a U not b e uareasona b ly wi t h h e l d. !f B o r r o w e r f a i L s t o m a i ntain oovera ge -
<br /> � described above, Lender may, at Lender's option, obtain mverage [o protect Leader's rights in the Property in "�____
<br /> accordaace wtth para$raPh 7. .,w~��
<br /> All insurance pollcies and renevYals sheU be aceeptable to Lender and shall include a standard morigage clause. ' ' `�'"
<br /> �.� Lender shall Ua�+e thr:dght to hold the polictes and rentwals. If Lender requires,�orrower shall promptly give to �;.,�,m_—:�.. .
<br /> __ ._ _ _�.. i ender all receinu of paid premiums and renewal aotices. In We ev�ent vf loss,Bonower shall give ptompt notioe to ��_--
<br /> � the insuraace c�rrler aad I.ender. Lender may make proof of loss it noi taade prompUy by Borrower. ,;_
<br /> Unless I.eader and Bonower othccvvise agree ia wrlting,insucance procceds shall be applied to restoration or repair
<br /> � of che Property damaged, �f the res[oracion or rcpair is eoomomically feasible and Lender's securlty is not lesseaed _ _
<br /> If We restoradon or repair Is aot eooaomically feasible or Lender's security would be lessencxl,the insuran�pro�eeds —
<br /> shall be applied to the sums secured by this Secnrlty Instrnment,whett�r or not then due,with aay excess paid to __
<br /> Borrower. U Borrower abandons the Propeny,or does not answer wi�fiin 30 days a notice from Lender that thc
<br /> insurance carrier has offered to setde a claina,then Lender anay collec[ the Insurance proceeQs. Lender may use We
<br /> proaeeds to repair or resrore We Properry or to pay sums secured by this Security Instrumeat,whether or not then due. 's.
<br /> The 30�day perIod wlli begin when the notice Is given. _
<br /> UNess Lender and�3onowsr othenvLse agree in writing,any appllaidon of proceeds to princlpal shaU not extend
<br /> or postpone the due date of the aionthiy payments tefened to in paragraphs 1 and 2 or change the amount of the _
<br /> • payments. If under paragraph 21 the Property is acquired by Lender,Bonower's rtgttt to aay Insurance poHcies attd
<br /> �• prcweeds resutting from damage to the Property prior to the acqutsitton shall pass to Lender to the cxtent of tha sums
<br /> ' " �" �' ' sec�ued b this Securt Insaument immediate rlor to the a uisition.
<br /> �,��,�;;. Y �Y h'P �4
<br /> r; • 6� pa�pa�cq, Prr�c,�vatioo. Maincen� smd Protoctbn ot the Prapatr Botmiwe�': Loan Applic�t�:
<br /> I�eboW�. Bonower shall occupy�establish,and use the Property as B�nower's princIpal residence within sixty days _
<br />- .: after We eacecution of this Secuzity Instrument and shall oontinue to oocupy the Property as Borrower's prIncipal =_
<br /> - residence for at least one year after the date of axupancy,unless Lender otheivvlse agrees in wr{ting,which wnsent `--�
<br />-�- shall not be uareasonabty wlthheld�or unlcss extenuating cirwnostaaces exLst which are beyond Borrow�r's wntrol. �
<br />'_' ' - Bonower shall not destroy,damage or impair the Propetty,allow the Property to detcriorate,or oommit waste oa the _:
<br /> �. � � ; Propeny. Borrower shall be in default if any forfeiture action or prooeeding,whether civil or criminal,Ls beguu that �� _
<br /> �� ; in L.ender's goad faith)udgment could result In forfeiture of the Property or othe�vvlse matertally impair the Ifea :n�
<br /> � ;; created by tlils Securiry Insuument or L,endePs security interes� Borrower may cure such a default and reinstate�as —��_-_
<br /> ; provided in patagtaph 18.by causing the action or pr000eding to be dismissed wlth a ruling that,in Lender's gaod faith :����=
<br /> � . deterndttation,ptecludes forfeiture of the Bonower's interest in the Property or other material impairment of We lien ';� �-�;
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<br /> N�RAR1LASin61e Fimity-ENIMAfI�HIJIC UNII�ttll IIHSIR[A�iT F�30P8 lV90 �."��;"
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<br /> � �„�syKe�,ux.teome�.i�u Page 3 of 8 _ ;L��71�,' Ty
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