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<br /> . 5. Huxurd nr Pn��xrt�� Inxurnncc. li�,rr��„rr ,hall ticcp thr impru�rnunt, nuH• rv,�in�� nn c�rcaltrr �rcctc�l un thc �
<br /> ' ,� Nruperty intiur���l a�aintit lo�� h�• tirc. har.ir�l+ inrluJcd within thr t�rm "�xtrndcd ruvrr:+E�r° .md .im uthcr h;vurd�, inrlu�in�; —
<br /> , Ilnu�l.ur IluuJing. t��r�tihi�lt l.�n�icr rryuircti in,ur�nrc. 'I'hi� in�uranrr•ludl hr nsunimnr�.l in �hr ,imnuni, :uid fur ilir prrii�dti �'
<br /> thal Lrndr�rcyuirc�.1'hc in,urankc rcn�ri�r pnwidinZt thr in,uranrc+haU h� rhu,rn hy Hurrrucr ,uh�cri ��, Lcn.ler', c�ppn,�ad
<br /> ., ,.,f:.. ���hirh �hall nut hc unrra,ontthl�� withhcld. If f��nruwrr t:iih tu maintain r��vrraEr dr�rrihcJ ahuvr. I.rndr►-ma�,at LrnJrr'� _
<br /> i�ption,ubtain ci�vcragc to pr��tc�t LcnJcr's rightti in thc Pri�perty in acri�rJ:inrr«•ith paraNr:iplt �. -
<br /> ', All insuranc� p��liuicy and rrnewal,�h:dl hc:icrrptuhlc to Lcndcr and tiliall includc ;� .t;mdurJ m�,rt�:igc clau,r. l.��td�r =
<br /> � , shall havc thc ri�ht tohulJ thc�wlicic>.►nJ rcncwuls. If l.enJ�r rcyuin:s.Hurruu�cr�h,dl prumptl�� �i�r cu I-cnJcr all rer�ipts uf _
<br /> paid prcmiums and rene�t'al notitcti. In Ihc cveitt uf luss,Borruwer tihall �;ivc pn�tnpl notiCe lu tha inhursncc carri�r and l.�ndcr. �_
<br /> Lcndcr may makc pr�f uf I��ss if nut muJc proa�ptly hy Borruwcr.
<br /> Unless Lender and Bnrroa•er othcrwise ugrz:in writing, inyuruncc prorccds shall lx:upplicd to rest<�ration ur rcpair of thc
<br /> Property dumaged, ef�he restoration or rcpair i.economically feusible und L.endcr's+ecurity is not lestiened. Itthe restoration ar
<br /> ; � repair is not ernnornical ly feasible ur LenJer's security would be Iesseneti, the insurance pmceals sh�ill be applied tc� the sums _
<br /> - sccurcd by this Security Instrumcnt, whcther or not then due. with any exccss paid to Borr��x�er. If Borriiwer abandons the
<br /> �:� Property, or does not answer within 30 days u notice fram Lender that the insura�ue carrier has c�ffered to setlle a claim, then
<br /> . L,ender may collect the insurance proceeds, Lendcr muy usc the proccedti tu repuir ���� reuore thc Fh-upert}•or to pry sums -
<br /> � secured by this Securiry Instrumcnt,whethcr or not thcn due.The 30-day period wiU begin when the notice is given.
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<br /> Unless Lender and Borrower othenvise agree in writing, any application of procc�eds to principul shall not extend or
<br /> _ ' . . postpone the due date of the monthly payments rcferred to in paragrnphs l und 2 or chungc tho amount o(the payments. If
<br /> ` ��� '� under paragraph 21 the Property is acquired by[.ender.Borro�ver's right to any insurance policics nnd proceeds resulting from
<br /> , . ��,: damage to the Propeny prior to the acquisition shall pass to L,ender to the extent of the sums secutrd by this Security Instrument
<br /> . � � �� immediatcly prior to the ucquisition.
<br /> -• �••.�� 6.Occupancy, Preservation, Maintenance and Protection of the Property: Borro��er's I.oan Application;Leuseholds.
<br /> �_':;�:,,,;,. Borrower shall cxcupy, establish, and use the Property us Borrower's principal residencc w•ithin sixty days after the execution of
<br />�;a„�,. ,ti, this Securiry Instrument and shall continuc to accupy the Pro}xrty us Borrower's principal residence for ut least one year after
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<br /> the date of occupancy, unless L,ender otherwise agrees in writing, which consent shull not be unreusonubly wiihheld, or unless
<br /> ,-•�m�•� � ex[enuaein circumsiencw exi,t wtticft u�e i�e utitj Si�iiuw2C�5 wiitiui. CJTivtt�C7' ;�iu=Z iIOL L�:.Sf:��. �t2ZSa� �! !l:1�T th£
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<br /> T;c•� Property, allow the Propeny to decerior�te. or commit waste an the Propeny. Borcower shall be in default if any forfeiture
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<br /> �>�� . . action ar proce�ding,whether civil ar criminal, is begun that in Lender's good faith judgment could result in forfei�ure of the
<br /> -�='�'''�'•'� Praperty or otherwise materiaUy impnir the lien created by this Security Instrument or Lender's security interest. Borrawer may
<br />-�`-��'�--_ cure such a default and reinstate,as provided in paragraph l8, by causing the action or proceedins to be dismissed with a ruling
<br /> "�"�`�',� that, in Lender's �ood faith determination. pre.cludes forfeiture of the Bonower's intcrest in the Property or other materia!
<br />--'�'��� ' impairment of the licn created by this Security Instrument or Lender's security interest. Bonower sllall al.so be in default if
<br /> ��?�`�� . Borrower,during the loan applicution process,gs�ve materially false or inuccurate information or statements to Lender(or failed
<br />-----�'~�'� to pruvide Lender with any muterial informution)in connection with the loan rvidenced by the Note,including, but not limited
<br /> �,;��'� to, representations conceming Borrower's occupancy of the Propeny as a principal residence. If this Securi[y instrument is on a
<br /> _—:°:o��� '," leasehold, Borrawer shall comply with all the provisions of the lease. If Borrower ucquires fee title to the Property, the
<br /> --_ leasehold and thc fee iitle shall not mergc untess Lender agrees to thc merger in writing.
<br /> ---= 7.Protection atLender's Rights in the Property. If Bnrrowcr failti to perform the covenants and ngreements contained tn
<br /> -= this Security Instrument,or there is a legul proceeciing thxt may significa�itly uffect Lender's rights in the Propeny (such as a
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