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••�.r�•r�'� -F � .�� w.,.... .�iL.dc�..�,. _.. , � �. i .v - . _ __. __—__ - �a �- � ? '.,L.�7F ' .rt . . . ; � �e�_ _. -...._. 1 Y�+• ` i t' i . J 4 l F�•�f�i�- •� _ . _ - . ��. . -. . . . ...� ._"'" __��.�.�.�.�.....��..4..�..:_�... .•.-._4..:1 . .: . ' w�..--. ._... .f�.Ir.... .�'_... . � — — �—=i'�'�fiSCCi...�_�.� _ _ . -_ �..._L . _. � n�.. 1�'7`799 S. H�rd or PropertY Inwra�lll.! Bonower shall kcep the impravements�cxisting o 6cre.aftcr erected nn the Property insured against loss by fire, haxnrds included within the tcrni "extended coveragc" and any other l�uzurds, including ilcxxis ar ilaxlins, for which Lcndcr rcquir�s insurance.This insurnncc shall bc maintaincd in the:unounts tutd for thc peric�ds that t.ender reyuires. The insunutire cunlcr providing the insurn�ce shall be chosen by Borrower subject to I.cnder's uppmval which shall not be unreasanuhly withheld. If Rc�rrawer fails to nwintain coveroge describ�xf above, I�nder muy, ut I.ender's option.obtai�coverage t�pratect l.ender's rights in the Property in accordnnce with paragraph 7. All insurance pnlicies and renewuls Fhall be acceptable ta l.tnder and shall include a standard mortguge clautie. [.ender shall huve thc right to hold thc pollcics arn1 renewnls.If[.cixlcr requires, Borrawer shall pramptly givc to i.ender all reccipts of puid premiums und rcnewul notices.In tlie event of loss. Ik�rrow�r shnll glve prompt notic.^,to the insurnnce can3er nnd Leixier. — I..ender may make praaf of loss if nat made promptly by Borruwer. Unless Lender und Barrawer otherwise ngree in writing.insurance proceeds shall be applied ta restorntion or repair of the Property dan�aged.if the restoration or repair is economically feasible and l.ender's security is nat lessened.If the rostaration ur repair is not economically feasible ar [.ender's sccurity would be lessened,the insurance praccxds shnll bo applicd ta the sum.g secured by this Security I�strument, whether or not then due, wlth any exeess paid to Barrower. If Borrower Abandons the PrapeRy,or docs not unswer within 30 duys u natice from Lcnder diat the insurance carrier has offered to settic a claim, then 1,er►der may callect the insurance prceeods. Lender may usc the pror.ceds to repair ar restore the Property or to pay sums socunxl by this Security Instrument.whether ar not then due.The 30-ciay period will begin when the notice is given. Unless i.endcr und Borrower othcrwise Agrce in writing, nny app!lcation of proceeds to principal shall not extend or postpone the due date of the mantiily payments referced to in psuugraphs l and 2 or change the umount of the puyments. If under paragraph 21 the property ts acyuired by Lender. Dorrower's right to any insurance policies and proceeds resulting from damage ta the Property prior to the acquisitlon shall pass to Lender to the axtent of the sums secured by this Secudty Instrument immediately priur to the acquisition. 6. Occup�ncy,l'reservation,Maintenance s�nd Protection of the Pmperty;Borrower's Loan Application;I.es�seholdc. Borrower shall oocupy.establish.and use the Property as Borrower s principal residence within sixty days after the exuuttan of this Security Instrument and shall continue to occupy the Property as Borrower's principal residenc;e for at least otns year after the dute of occupancy,unless Lender atherwise a�rees in writing.which consent shal!not be unreawnably withheld. or unless oxtenoating circumstances exist which are beyond Borrower's wntrol. Borrower shall not desuoy. damage or Impair the Property. allow the Property to deteriorate. or commit waste on the Properry. Borrower shall be in deiault if any forfeiture uction or proceeding, whether civil or criminal, is begun that in Lender's good fatth judgment could result in forfeitun of the Property or otherwise materially impair the lien created by this Security Iusuument or I.ender's securiry int�rest. Borrower may cure such a default and reinstate.as provided in puragraph 18,by causing the action or pmceading to be dismissed with a ivling thut, in Lender's good faith determtnadon. precludas forfeiture of the Borrower's interest in the Property or other material impairment of the lien create� by this Socudry Inswment or L.enders securiry imeresc. 8orn�war si�alt;�tx,�i� �etault If Barrower.during the loan epplication process,gave materially false or innccurate infarmation or statcments to Lender(or feiled to provide Lender with uny material information)in connxtion with the loan evidenced by the Note,including,but not limltod to.representetions concerning Borrower's occupancy of the Property as n principal residence. If this Security Instrument is an a leauhold, Borrower shall comply with all the provisionS of the lease. If Borrower acquires fee tide to the Pmperty. the leasehold and the fce title shall not merge unless I.end�r agrees to the merger in wridnR. 7.Frotec4bn ot Lender's Wg6ts in the PtopeKy.If Bonower fulls to perfom�the covenants and agroementa containod in this Security Instrument, or there is a legal procee�l�ng thai may aigni6candy affect Lender's rights in the Prope�ty (such as a pmceodtng in bankmpecy,probate, for condamnation or forfettun or to enforce laws or regulations).then Lender�nay do end pay for whatever is necessary to piotect the value of the Property and Leader's rights in the Property. I.�nder's ections may include paying any sums secured by a lien which has priority over this Socudty Instnunent, appeuing in court, paying �rasonable attomeys'fees and entering on the Propocty to make repairs. Although I.end�r may take action under this pRragrnph 7.Lender does not have to do so. . Any acraunts disbursed by Lender undeR thIs paragraph 7 shell bocame additional debt o1'Borrowec secured by this Sccurity Instrument. Unless Borrower and Lender ugree to other terms of payment, these amounts shall bear iatercst from the date of disbursement at the Note rate and shall be payable,with interest, upon nodce fmm Lender to Borrowor roquesting ' paYment. 8.Mortgage Insurance.If Lender required mortgage insurance aS a a►ndition of making the loan socured by this Socurity Instrument. Honower shall pay the pnmiums required to maintain the mortgage insuranoe in effect. If, fnr any �e�son,the mortgage insurance coverage required by I.ender Iapses or oeas�s to bc in offect. Bonower sh�ll pay th�premlums requirod to obtain coveragc substantially equivalent to the mortgage insurana pnv�ously in effect,at a oost substantially eyuivalent to the cost to Borrower of the mortgage insurance previously in effect,from an alternate mortgage iasunr approved by Lendu. If substantially equivalent mortgage insurance coverage is nut available,Borrower shall pay to I.ender tach month a suca equrl to ane-twelfth of the yearly mortgage insuranco premium being paid by Borrower when thc insui�nce coverage lapsod or ceased to be in effect.Lender will acapc.use and retain these payments as a loss rcserve in lieu of mortgage insuranee. Loss reserve Form 3028 ifYO r.�sae . �: