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<br /> ` � 5. Hn�rd or Froge�q iaseuaace. Bomower shali keep the improvemea[s now existing or Aereafter e�ecced on the r; :. . ;::��';�- '.
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<br /> . �, . pt,uperty i�ured against to�by fre.harards inctnded arithin ths term 'eacended wverage'and any other ha7ards.including �. . �.;. �-.., ` . .
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<br /> . . . : . flaods or itaoding,for�whirb Isnder iequires inauaase.This i�raace sha�l be maintained in t he amounes an d for t he peri o d s� : .
<br /> " that l.eader iequires. �e insuranoe caniet pmviding the insurat[ce shnit be cQosen by Borrowst subjact to Lender's apprav�.! . `��
<br /> • whic6 shall nat 6e�uueasonaEi�withhetd. [f BorronrP�failS to mtiatain.coverage desctided abave. Lender a�ay. at Ixadea''s � � •"« . , .
<br /> � " option.obtain coverage to protoct Lender's rights in the Pto�erty in aaordaaoe wish paragtagb 7_ �'�' , _._ • -
<br /> , A11 insuraace policies aa�tenewals shall 6e aaxpwble to Lende�and sda11 insluds a standan#mart�aga�clAU�c. LeQder�' . , ° _.
<br /> .. st«ail�ave the right to hotd the policies aad renewals.[f l.eader cequires.8orruwer ahaSl pramptTp give to Ixnder ait receipts of� ' t`'`: `
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<br /> paid ptemiums aad reaewal notioes.In the event af[oss.Borrowet shalt give pmmpt nois�to tha in�se carrie�aad lacider. : �:
<br /> Lender may make praof of loss if not mzde pmmptty by Sorro�ver. �
<br /> _.'.� Uniess l.endcr and Borrotiver ott►en�+ise agcee in writing,insur.moe praceeds sti�11 bt appliud to mstoration or repair of the --.. - --- : - -
<br /> -- -- pmpert�r damaged.if the restoratioA or iepair is wnnomicafiy fcasib[c and Lcnder's secutit�►is aut tess�ed.it the restoratio�or > .:.-
<br /> . repair iq not eoonomicalIy feasi'hIe or Lender's securiry woutd 6e te.sscaed.ttte iqs,utapax ptooeeds shall be applied to the swas _ . .. : '.,,4:� ,
<br /> secu�ed by tHis Sea�rity Instnuneat, wiletlter or not then due.witb a�y excess paid co Borrower. If Bormwer abaadasss the . � _ .
<br /> . � ProPerty.or Qaes not aaswer withia 3Q days a natice from Lendgr thut[he insuraacc c�rrier has offered to setde a claim,then . . � ..�
<br /> - [xnder may collea the u�uanoe pmc�eeds. Lsuder may use the pmoz�ds to repair or restore t9e Property or co pay sums •,``. �T'
<br /> • ,r sec�r�d by this Seruriry Insl�ument,cvhether or not then due.7'As 3Q-day period will begin wheu the�sntice is given. " _ .. ;„ ..,
<br /> � ` Ualess Leader and Borrower.otheiwise ag�ee in cv�ting, ang applicarion of praceeds to piincipal shafl Bot e�tead or ,�: �:�;,-,;
<br /> . .•• postgone the due daie o f t he mon t WY Payments te f e m e d to in paragrap h s 1 a n d 2 o r c h a n g e t h e a m o u n t o f t t i e p a y m e n s s. i f � , ����'�" ._
<br /> � �4.� under pata�raph Zt the PropertY is accN»d bY tender,Borrower's rlgdt,[o.any'sasurance policies and pruoeeds resWting fmm. t. . :' y �•, .:°,
<br /> � damage w tffe PraPerty►Prior to the acqnisidon al�all pass te Lgnder w the extent of the sums secured by this Seauiry insuoment� -, •:.{``a_
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<br /> '` • . ���9 P�Or to the acquisition. ' r !.:.
<br /> 6.O�a�pau�y,�.�rvation.b�intenaaoe aud tti�oteci€on oi the Progerty;Hotmwee's Laan Appftcatton.I.easehold9. .;,� ��; �r
<br /> �- Borro�r shall.aavpy,e,sta6Iish,and�se Uce Piopetiy�as 6airower's priacipal iesidence within sixty days after the execatioa of - -�:� . �,�-
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<br /> this See�rity Fasdgment and shall cantinue to oowpy[he.P�uperty as lBnrc�o�wer's pr�acipal nesidence for at least one year after � _`�"'"`-
<br /> . :.� th.da2e of aseu�ity.naless L�dec o[ketwise a�s in•writing►�abl�i�ooasent shall aot be u�asonaisly aIti�held,or unless .. "_: _ "
<br /> --:•, e�uuaa� et�vznstances exist whieh are heyond Boccower's control. Eomnwer shaU not demoy. damage.or•�rnpair the � :, .
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<br /> '. '.,,�' Fm��cty.altow the Pmpert�to deterlorate. or wmmit�waste on the Fmperty. Hacmwer shaU be in defauIt�if'any.furfeivure . ,�
<br /> "` aqton o:pmceeding,w�ett�r civtt or crintival,is begup:that ia Lender's good faith judgment aould�esult in forfeituie of thc •� ��=-�
<br /> ._�. . . .. Property or othetarise materialiy impair tiie•�iea created by this Securiry Iasuum�at or Lcnder's seamty inierest.Eormwer map . °•-
<br /> in h 18 the actiaa or ra �be d''ismissed with a nil'utg �` i.::�,
<br /> -�� e�ue sush a defaWc aad r�instaze,as pmvi,d�i paragcap .�J►cau�ng P ��,; : . .��.��
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<br /> . " ,':Y� t�►at. ia Leoder's goad faith detetminatton. Prectudes forfeiture of the Boirower's interest ia tft�_�coperty or other material . :�.�tik
<br /> � � - impairmeot of thc lien created by this 3ecurity Insuument oz L e n der's security i n teres t.B oxm v r,g r s h a ll a l s o b e i u d e f a u t�i f ''-.;�
<br /> . .. ._ Batiu�ver,dnring the loan appIic�tion.grooess,gave mazcrially fatse or inasturate information ar.. '�ts to Lender(or fa�ed � —
<br /> . . --.--, 'cd�Pi'��+ide Lt�et with any material infat�iit?�y in connectioa with the toan evideaoed by the Nl�;::;J?cluding,but sot liuuf�, ��'`�
<br /> ,,;` to `•. . cAacx� Bormwec'.s � oFthe as a al tesidence.Ur�'�:� `�� � ���
<br /> � ��y p��m► g�n .�ty Insaumeut isuva�
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<br /> � _ . �er�ld, Borriiaver shaU•oomply with�ati' �e pm�risians of the tease. If Bortower ���e in �Fte t `t�
<br /> to the m er iawritia � ' ' . . : : , "`; _
<br /> � �'�atd and tIte fee ade s�aII.�snerge�natess i�a��ees ecg 8: �� .;�.,. . ;: + t . —
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<br /> � '.�.. 7.PtvtedWa oY Lead�'�B#��,ia�R�e Fcu�;t�f�Bomnwer fails to perform the oovenancc and�rd��'� • Y7 =
<br /> --- � • tbis Seeurity Iuspument,or t�;«�.��aeeediag t�at maY signif�c�udy affecc L�eder's rights ia tiie�..y{suc'.��1� �. ' '::l
<br /> _ � . P��B���Pt�Y•P�$���on or forfeiture or to enfo�ce taws or regWations).thea l�enaer may do�;': ,•- -
<br /> r' Pay for whatever is necessa�p rou�,62�i�lue.of tbe PropertY and Lendet's rigAu in the Property. LsRder's actions may ,.�-,- �
<br /> �= iuclude PayInS any sums s��dt.�xr�`�i which has prioriry over this Security Insaument. appearin��3..caurt, paYing • : ,�`":. --�-.
<br /> �c� , reazonable attomeys'fces�d�er.ag+�.,�s;FtopettY:ta,make repairs.Althoup�Lender may take a4'�on .urflr�s°2�is patagrapH i�'p;:R. ::�''
<br /> 7.Leaderdoes not have,tu do so. � ..:;.`•.. � ':,�
<br /> ;-' Any.amnunte disbnrstd by ixnd�c'�r this paragraph 7 sbaU become a�dicional debG� .��fiec�r�bY �t�i�_, _-°
<br /> � .. �•• Security.instrament. Unless Barmwetr an�Z+'�1der agaae to oUier terms of paymenb these am� �E.•�;C'�s�t fra�:l�':� -_ --
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<br />- ��- ,... _� ;:, dare of disbursemeni a1 the:fif�tte rate and si�all be,g�pat►te. with interest. nPoA notuGe fram Le�ar ta'�iricaFu�r,Yeqt3�sr�g • `
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<br /> ,e,F�. . + � 9.Mort�e Iasaranre.r.JTif�.,ender,�mo�gage insurauce as a condition c�,,,r.�� ng the loan sec�trr��!4his SecurIty • :,��
<br /> � � �`��,� Insuument, Bonower shal)�y the�require�to maintain the mortgage insurance itt.��4..iF, t�Y��uiy reason, the .
<br /> � ;�����`` mort e insurance wve � ;'�red�y:.7�der 1 ses or ceases to be fn effea.Boriower s ^h��", �.'�e Pm,�ums requir�ed tu . ---
<br /> � Sag �$ � . � � reviausIy in effe�,as a ecsc:��a�si��;�'�ceuivatent to the . "�`
<br /> , ,�:�:�.� ..- 1. �, obtaia coverage substantiali�%e�tz�ialent rdthe martgage���*� P p � � . .,'' --
<br /> -,....;.: r.ost to Borrawer of the m�age insUtanoe p�eviously ia effect. from an altemate mortgage�t aypmr:�by Lender. If •�� „ , ,... :.
<br /> . subsuwdally gqyiyaient mortgag�iasurau�.�overage is not available.Borrower shall pay to L�di�i��mqb5h a sum equal to �• � �,u •=
<br /> � �r" � one•tavelRh�e�ttt��early.mortgage insnrsaae.pt+emiucn being paid by Borrower when the iasur�a�m�!!#ra�e tapsed orceased co �r � ;,r -`
<br /> _ � ' bo 1p�efFect:�ia�er:aill��aooept.use and i�athete pAyments as a los� reserve in lieu of taony�A�a',�,�..Loss t�.�e .. � � �����. r�-,
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