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<br /> _ °� _��`�- . S. biaaard ae � Ia�tum�e. Boauwer shsil I�ep the Im�rovemeats aow eaistiqg or herEatter ereaed on the '� ,:.�:'-
<br /> a Roge[iy itLSysed sgai�l4!iR3S D�y SIZ.ha�aad5 insluded ozthin s4e term 'ext�uded co�erage'and any o�her i�a-r�nis. in�iadiqr .; >� .° � �:t`�+2-
<br /> ` ,.�< ?ti, � tioodg or IIa�dia�.for�ti�hich Lender[e�uIres iusuranoe.This iaauante sha�l be maintained in the amovnts and for the periuds ••'�•,:��.. " . n`_
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<br /> ^ ` ' , � • t�at LeaQea rec�ui�es.Ttt�ias�uanoe cattier pmviding th�ins�uartce sball be chosea by Borrower subjerx to LaWer's appmval - .;;``�•°�
<br /> � �' � . , ',� w�irh sflalt noa be mueacflnably withhe�d. if Bommver fails co maintain cov�age descrihad above. lxader may,at Lrader's �' .`c�
<br /> ,. .. � ��,, { oprion.a6�aia coverage ca pmces�l.ead�r's aig�ts in the Prope�cy la acoordanse with paragra�h�. '°„:«,�:-.•.�:.�.,-.
<br /> .:;; ��= , ' � :. ...., All insurance poTcdes and r�sewals shall be aeo�table w Leuder and sh a l l i a d u d e a s m n d a r d a�ortga�e c lanse. [�e n d e r '.:<. : ' .
<br /> � �f=-_.� shaU 6ave the sight ta ho,ct the�2icies and ma�vats.If Leuder requires.�orrowpr strall promptty give m Lrnder a11 mxipts of _ - :;��� ,
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<br /> . pabd preminms and ren�al aotices.I[t The twCrit of toss.Bottowet Shall$ive promgt IIotioe to thB incnranse Cazr[ei aIId L C I t dCT. '�'S�_ �f
<br /> , � < l.eader may make proof of los4 if not made pmmptly hy Bor�awer. �F'
<br /> . :, . .�-=•.;� UnEess L�ea�er and Soima�er otherwise agree ia writing,iasurano�praceeds shall be applied to rescoration or repair of the _ - �.'. ��,
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<br /> ,--' .=-; FzoPe�tY damaged.if th�reswrasion at repair is ecouomicalty fease'bte aad lea�ler's seauiry is a o s l e s s e n e e d.I f t h e r e s t o r a t i on o r - `� ,_=__-
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<br /> - . - ;:� mPair is not economieally tean'ble or ix�r's securiry would be lesseaed,the ins�rance pmcecds shall be applied to the sums ' _.
<br /> . . � _'=�..� soasred t►Y this Seauity Insuumeni. whether or not then dus. rnith aay excess paid t+o BomaAer. If Borrower ahandons the . ' "' �'
<br />_ •• - pmperty,or does aot answer within 30 days a notice from Leader that the insur�nce r�arrisr 6as o�ered to seitte a claim.then "::�"``-`,'•�`~• _
<br /> `.x�� Leuder may coli�t the iasntanee pmcxeds. Lender may use the pmceeds to repair or reswre the Propeity or to pay sums '
<br /> , ,t�" secu�by this Seauiry tas�t,whether or not then duc.The 30-day period will begin when the uotice is given. ,�
<br /> i�'� Unt�ss Isnder aad Borrower otheTwise agzee in wririnS,�Y aPPlication of pr�ceeds to prinripai shail ¢ot extend or ==
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<br /> ,.: � postp�ne the due date of the monthly payments referred to in paragaphs I and 2 or c�ange tbe amonmt of tI�e ga�ents. If ..:,';�;`.," ,.
<br /> � ;::;�: under paragraph 21 the Prnpetcy is acquued�y IRU@er,Boaower's right to aay insurance policies and pmc�s rr�vlttng fmm : .:::�!`. *<ie;_`�..
<br /> " -^� i damage ta t6e FroP�cqr Faor to t1►e acqaisition s6aFF g�to Leader to che er.�at of the sums s�by th��y,I�ucQ�at �r � - --
<br /> . ;�j:; �iateiy priarta-the�on. , �m �_,,,f 7����/�.,�, ]���,�p`�''p�� : � ,�`(;s.
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<br /> �` t � � � %�' �on ui prooeedirs���asi���s�aival s��qur:dia�iu Lead�S g*�8t'�lud��cauI�.ro���af tise , w„�, _
<br /> A�"� '�:;�i;�e�..�f� � ,.��4�+�•mir�r.�,esR����.auyimpaSrtl[eI'�ax��i�Gp't�tiss�c�nuii�'�'orlxndet'ssecurity'�di�."�urmwetmag .•' t•,�,","_-
<br /> f :' F>`'`�� " �' ��e sad�r�i�e,i.�1i::�,�;t��istate,as pmvyded in par�h•IS.bY�gt��siim or proceeding to be dis�ss�d a+ith a ruling .�
<br /> '.:`'` � �`}��-,tun,�ani�r'srgavr£��ith determinatton,p�ecl�sdes forfeiture of the Bormwer's interest in che P�opere5►�r other material ' , �..�_:-
<br /> .. . '' 3omp�s�at of the lien created by th9s Serurity Ituu�meat or I.ender's'secudty intecest. Bomawer shail also be in default if , ;. ':��-
<br /> -. � :``.': Bormwes,during the loaa application process.gave materially falsc or inaccarate infor�mation or statemeats to Lender(or'failed
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<br /> ...�;�": w pmvide I.eader with aay materfat iafmmation)in connectian with the lo�nn evid�aced by the Note.includlag,but aat limited _
<br /> . __..'-.,`,..,,�J;.;� to.rePresentazians concemiag Borrower's occupancy of the Praperty as a principal residence.If tDis SPCnriry Instnunent is on a � ,
<br /> � "''� leaseIlald, Borrower ahali wmply with all the provisions of the lease. If Bo�m�xer acquires fee title to the Properry. the � . ,,�_
<br /> ' � ' teasehold aad the fee dde shall not merge uatess LeQder agreps to tAe merger in wricing. ' �� ` °
<br /> . .� "� � 7.Ptotedton ot I,ende�'s ldtgt�ts tn t6e Progerty.if Borrower fails eo perform tht covenaitta aad a�metacnts conteirted in „=: . _—_
<br /> � -- . � 4� tbis Sec�uIty I�sstNment.or.tAEre is a It�al proce�fing that may signlfccantiy affect Lender's tights in t�e Property tsuch as a -�
<br />�' ' , � proceeding in banluugtcy.probate. fot coademnation or forfeiture or to enfone lawa or cegulatioas). tLen Lender may d�aast�A �:;'���:�_�
<br /> pay far whatever is necessary to protea�he va�ue of the Progeny aatf t,cnQer•a dghts in the Pcoperty.Lender's actioas may � �`�-
<br /> • � � :• .:..:s?� inetude payiAg any sums se�ured Qy a-7ien wAich ttas prlo�ity over this S�urity Instrumena. aDpeazin8 ia cour�. D�8 -_-_�_
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<br />- ,•,._, .>....' reasoaa3�e x�a7ueys'foes an0 ecctriag oa�he Property ro rr.�ke r�irs.Atehovgb Lender raay taSce ze�ion u�der tLis p�ragraph ----;.,:�,
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<br /> � '`'� 7,L�r�er does aot Qave to do so: `
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<br /> '' , ,�: }� Any amoimts disbuase!!DY I�ader uffier thfs para�h 9 sball berome addlti�al debt o!Sarmwee secar�by tbis < ��
<br /> ;�,��`' * gree to otIlec�ecn�s of t r'`•, --
<br /> r �•�,, Seaui:y�n�n�-Ua.ess Bmmwer xa�LenQer a paymen.t�ese amaaats ekail bear iruereat frosa lt�e - .
<br /> � .. ..,!��;�' . dat:°of disiNrasement at ttie Nott race acd sbaA be payable, witb interest, upon aodce fs�m Lead�to Borrower requesti�g .:r:��#r�'':_.
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<br /> ' ' �r���Y S.Mort�ge Insina�ce.IY L�r��uired martgage insurance as a conditioa of maTdBg the Ioas�secured by this Securiry
<br /> :�'•'`°�`;`r; . � . �armwer sha1D pay th�.ps�iums r�quired to maintaim the mortgage insurau�e in effeet. IP. for any reason. the =` :;.�
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<br /> ,: �r � mortg,age insnrance ce�terage reguirad by L��ta 3�ses or ceases to be im efP�t,Borruwer s1�a11 pay slae�prtmiuma reqirired to . -� ,;. _
<br /> �,.,� . '.�r, . oistain coverage suissqnpaliy equ9valent to the�age ias�aace prEViou3S`y in effea,at a wst su�seaa�ra?Iy equivaIeat to the , :•, '�'" ':-_
<br /> ' ...�`. -"' '`..; � cost to Bamawer of the mortgage ias�r.auce prz;�:�Iy ia effea.from an aiteraate mortgage iasiuer x�+ove�t 6y Leader. Ii �
<br /> . - . ''.��?, `.' suisstantially equivalent mortgage umsuraace coverage is aot available.Borrower shaA pay to Icnder ea�momb a swn equal to .. . . � .
<br /> -,' . . ;���.; � one tweif�h of the yearly mortgage uuuraace precium being paid by Bmrower when the��+�*�±+s:coverage lapsed or aeased to ,, �'�` �: .
<br /> s ., :"�:, �� _ be ia effect.Lendes aritl accept.use aad r�taut t�pay�ents ag a ioss resenre imm lieu aP mortga�e :A���^��. Loss reserve �� ` --
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