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<br /> -- —�'�':; S. �rd or Propeity tasw�ance. Borcower siiati kcep the improveatrnts now existing vr herafier e�ected on the `'. �
<br /> �' � Propecty insured agaenst toss by fue.6a7ards�nrluded within the term'extended coverage"ancl arty other hardrds.inc[uding
<br /> . tloQds ar ftoading.for wiuch Lender requi�es in�u�ano�Tfus iasuraace shali be araintained in the amounts and for the periads
<br /> ' • that Ieader requires.T�e iacur�ce rmrier pmviding the insuraaae sh�l!6e chosen 6y Borrower subject to l.ender s appmval
<br /> • at�ich shall etot be nnreasonably wit6hetd. If Borrower fails uo mainttin coverage.descri6ed above. Lendcr may. at I.ender's
<br /> `,. --- option.obtain rnverage to protect L4nder's rig6ts in the Property in accordance with Qaragraph?. .�<
<br /> �; ,;
<br /> Alt iitisutance poticies and renewals s6a1{.be acaeptahle to Leader:u�d shall indude a standard mort�age clause. Lender ~.�-'
<br /> ��.� " �..� ve to l.ender ali recei ts of
<br /> - - : shall h�ve the right to hoid the pulicies and mnewals.tf�nder requites.Borrower shatt promptiy gi P
<br /> paid premiums and renewal aorices.In the event af toss.Barrower sha!!give prompt no6ce to the auuran�e rarrier and Lender.
<br />: - '';:r--� Len+des may make pmof of loss if aot made promptly by Borrower.
<br /> �_�'��""".' Untess I.eader aad Barr�wer othernrise agrae in writing.inwrano�pmceeds sdall he applied w restoration ar mpair of the ____
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<br /> . -``'�`'��° Progerty damaged,if the restotation or repair is Pconomicalt}r feasi�le and Lendei s sexurity is aot lessened.If tTic restoration or
<br /> " � , u•r:;,:- repair is not ecomo�ticaIty feasi�ble or l,.ender's securiry wouid be lcssened,the insuranoa proceeds shall6e applied to th�sums
<br /> _ - seca�red by this S�ariRy Instrument.whether•or not then due.with any exoess paid to Borrower. If Borrower abandons the
<br /> -. ,-;:4� Pra�serty.or does not answ�within 3R days a�tiae from LRnder that the insutance carrier has offeced to setttc a ctaim.thcct s;`.
<br /> .. Lender may collect the iasut'�praceeds. Lender may:.nse the proceeds to repair or restore tke.Properry or.to pay sams �,;:
<br /> , : secvred by t�S�ty Ih�c,wh�her or�sat then due.The 30-day period will begin when the aotice is given. ` ;
<br /> �.:,: .....` " tJnless.L�eF&nc1���otlter�,�agree in writing, any application of pmceeds to principal shall not extend oc ",,. ;.
<br /> •t-' ..��� :'' ` . Qost�one the dd�d�Af t�:�+ P�'i�uts referred to in paragraphs 1 and 2 or change tlee amount of the p�rments. �f ��'��
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<br /> '. �=,;::��` ;.. (�paragt�iph 21 ttie Pi�(q��s accluir�)bY Lender.Botrowei s right W aay iASUrance policies and proceeds resulting fram ,,,:�:..
<br /> ��t`.�� , •-: to the r�i�so�e isit'tva shall ass to Le�er to the eatent oi the stmns setu�ed by this Security Instr�ment '` -�
<br /> - . '.����,",�.�'� �rti+P , {.:. �N P ne ��:,,,.
<br /> �. . �lY Pnor to the acqu:rsiuoi�. . ..�;� r��
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<br /> � "•J���y,Preservation,Ma9nte�uar�ce and Pente�Ion oitfte PropertY;BoimweTs F�r��PPt€miiaa;Leaseltotds. ..
<br /> '° ����r,i�upY,e�ablish and use tTie Property as Bor�nwer's principal rpsidenoe drithi��i:a��t�ays after the execution Qf. '
<br /> �,:• �;. .yR��S�i��menL and shal!co�e to aa4py�t�P�'toperty as Borrower's Priu}�!t�_E��� r�far at least oae year after. . .
<br /> . � t�§����{��f ec�vpan`ey:u�,�.ender otheRUise agre�r;��raiting.ahiFh c�nnsent shz�lU.�iaA�.�,.'�;-."�'��ly arithhetd,or unless � r :
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<br /> � `�xii�+i4�f����� ces �,whic6 are beyond��r's wntrol. Borrower,�s�ia�'ms;�yi, damage or impair tHe ��
<br /> * �;• �'��` � �
<br /> .: Propertp,�.�;'`P�e Prapect�y`�a�deterioi�ad�qr�caa��d�6aste on the Property. Botr.�u��sls�i,fl��default if any fodeiture... „
<br /> �;;, , action or pnaqaa�.g,whether c.}vi�or.crq�?;:is'6egun thai in Lcmder's good fait�.�fnB�t,�t���ri�result in forfeiture of the ' � -.
<br /> •Pcopeity or o�arise materi�i�impaiir����r cceated•�`�'this Security inswmeut,var•�I:�r,adat's�eCatnry interest.Eomowe�may • ! .�x�.:
<br /> cur�e suc6 a default and tein�as provi;�in pa.�a�..+�t?}-18,by catising the action��rloceedirig to iie dismissed with a ruling� ;i .
<br /> � t�t,in l.en�er s good faith determittsttIc�?�,'�+�dsffm�:ituie of the Borrower's interest in��:.�roperty.i�r`;iM,.,her material �;:��
<br /> t�js ` ia�patraiem.of the lien created by th�. 'a�'or Leader s security interest. Bortdiv�ri�,'rall alsu�b�lsp default'�.°. , ;�,� �
<br /> ��i`.� .,B,ornuwe�.daring the toau a�plicauan P��. ��jy fatse or�inaccurate infom�ion.ea��z� .'�ec(os�'� �
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<br /> ` t . vide Lender with material iitf'a .'�t an th the loan evidenced b the.N3z�" � * 'bx(L hoi.f:r�c� ::
<br /> ��o anY rr�?�?s�. �".�� Yri Y. :���'��+, .�� _
<br /> ,. � rib,.�epreseutarionsconcemingBomower'&c�ia�cy�G�9n�l�erty.a�aprincipzt;+�si���.,:��.i:�f��'.,�..',�'fin-9S�nent�r�8� � . .,�,�
<br /> Y ;�r:' i`c.�ehald. Borrower shall�comply tvlflt?,�i�::'?�te PTOVis�;��.��ihe°!�.'.If B��o?�-.mc�s:�ee''r�r�e'rs���te:�'eoperty v� ;; -
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<br /> .. � feasehold aad the fee title sha31 not me��tucl�Lender agi�.a to t&��+�r»s wr.��. ,. ;:U S ,. _ --
<br /> ' �' 7.Rotection af I.ender's Rightg fi�'�'Pmperty.If Borrower f�stb perform the covec.�,Fe�ed•egreemerits cuntaine�Ytq3 ;� ".
<br /> '�� j��- this 5etwi Insuument.or thece is a i � roceedin that ma si ficantly affect l.eader's ri'`�s`in the Pro erty(such as a , .R�--
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<br /> proceeding in banktuptey.p�+obate.for caademnation or forfeiture ar to enforce laws or regulations).thea Lender�sty do acuf '-` -
<br /> • � �" � pay for whatever is necessary to pmtect the value of the Property and Lender's rights in the P�nperty.Lender's actions may �� `
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<br /> " � �;��.: inelude paying any snms secured by a:Iien which has priority over this Security Instrument>�,a�►ptaring in court. paying —
<br /> � ''�` reasflnabte attameys'fas and entering aa;ttr2 Roperty to make repairs.Altfiough Lender may ta8_+�::�on under this parag�spb
<br /> '��� 7.�eader does not have to do so. ' : { � =
<br /> ' Any amouats disbursed by i.epd�r'Iit�3rc'�this�graph � shaU become additianal debt of Bonower seasred by this
<br /> ' . Scz.wity instrument: Unless Barro�ver and..�.�er,z��t�M�ther terms of payment, these amounts shaU bear interest frnm the � _
<br /> . �'�', dz�`of disbursement at the Note mte and;?�'���e'�osr���with�inu�est, upon norice frum L�ader to Borrower requ�in�. ••;;,�_;;w�:
<br /> payment. ;�. +� '�� � ..', . �.;'...: �•, �:i;�';�: ;�
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<br /> -� 8.Mortg�ge Ittsvreace.If Lender tt'����9��mortgage insuraRC��r��e�condirion of making the loan secured 6y this Sea.tu���, .'� ,�
<br /> . �, �` �� •Instrumen� Borrower shall pay the preirit��:re+quired to maiatain the mortgags o?��ce in effect. If. for any rason, the �
<br /> -- � , v r uired 4 la ses or ceases to be in effect.�r�'ower shall �the remiums uired to „�"�
<br /> . mortga�e insuran�e co erage eq by e�e� p , p�Y P �1
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<br /> � , ob�n wverage substantially equiwalent Wi94�trtnrtgage insnrance pn�viously in effeq.at a wst substantially equivalent to the �� ::s
<br /> . � ,�•;�`� , ' oost to Borrower af the mortgage insurr�it�,�'reviousty in effec�. from an attemate mortgage i;p�uer appraved tiy I.e�er.'�� '. i�.�__
<br /> °`r• 'sr:, , substantially equiva2ent mortgage iasur.ejif�e iavciage is not available.Bnrrower shall pay to Lect�t��.each month a sum eqaa3�h� �
<br /> � . •;���',��: � •• ���ae-twetfth of the yearly mortg�e innui�.�piemium being paid by Borrower when the insnia�i�coverage tapsed or ceased to _
<br /> ' � � � ',,�e�n effep.Lertder wiil ar:c�SE,'use�1nd,tietain these payraents as a tos4 reserve in..:;�i��of moitgage insurance. Loss resenre ..
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