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<br /> ��^''�'� $. Hazard or Properiy Wurance. Borrower ehall keep the improveracnts naw�eaisNng or hereafter encted on the
<br /> �`�'"�� Property inauresl egainst toss by 8re,hciznrds included wtthia the term'eatended covernge' and any aiher haznMs, includfng
<br /> `':' ilo�s er ftaa�is8�for�rhir.h LanQsr reqeires iasuraaca.7'dL9 insurencc eh�ll ba mintalned i�th��n►mmtn and for tho perlaia .
<br /> w.� that Ixnder requires. The insurance carrier providing the insuraaae sholl tre chosen by Borruwer�ubject ro Lender'a approval _
<br /> r� wh4ch shall not be unreasonably withheld. If�ormwer fails to naipwlu cwverage descr[bed a6ave,Lender m�y. at Lcnd�sr's
<br /> . option.obtaln wverage to protrxt Lender's rlghta in the Property in uccordauco with pamgeaph 7.
<br /> •:�''"� All insuraua policies and renewals s6a11 be aoceptable to lxnder and �h�il Include a standarA mortgage clause. L.ender
<br /> shall have thg right W kold the galicies and ratt�vtils.If L�sader rees�iir�,Fk+m►�eer she11 promptly�ive to LenQer�Il e+eceipta of ,
<br /> ;.;r.`Y paid premiums and�en�wal aotices.In the event of los�.Borrowex shall gtve prompt uotice to the inaurnttce carrier and Lendcr.
<br />==-�=-- Lender may make proof of loss if not made promptly by Borrowcr.
<br />'�`�_ Ualess l,ender and BotrowPr otherwtse agrx in writing,Insutaacx pmoeeds ahall be applfed to restoration or npait of the
<br />-_-� propeity damaged,if the reatoratlon or rcpuir is eoonomically feasible ead Lender's sec�riry is nnt lessened. I[t�e restoration or
<br />__ .�„� repair ts not economicelly feasible or Leader's securiry woWd be lessenai�the inswance pmcuda shnit he applied to the smns
<br /> sxnred by ihLg�urity Inste�+meat.whether or:.not then due, with any exc,ess paid to Bormwer. IE 9�ara�oieer abaadons the
<br /> Property.or does not answer withiu 30 days a natitx from Leader thnt the insurance csurIer has offered to settla a alFtim.then
<br /> . ' I.ender may callect the insurance graaxds. l;ender may use the praooads w repair or nstore We Proparty or�R�paF �
<br /> "��m,:� secured by this Security Insuument.w?�ether or not then due.'fhe 30-day perlod wlli b�gin when the notitx is given.
<br /> �" "-� Unless Leader and Bormwer otheiw�e a� in writin8� �Y aPP P P B�
<br />..�: ' lication oP roceods to rinai 8hn11 not exten or
<br /> �.�•� �►ostpona the due dau of tlte monthly paymeatcs cafemed to in paragraphs 1 ead 2 or change thB araoant,of the payments. lf
<br />-_;�,� under pazagraph 21 the Praperty is acquitad by Leader.Borrower's right to auy insuraace.polictas and pmcieda resulting from
<br />_���-;�� damage tp tlte Pmpeity Prior to the scquisition shaU pass to Lendee to the extent of the swtts scam�!hy thia Sxurity Inr�vmant _
<br /> .~�`-�� ��Y P�or w the acquisition.
<br />-"„' 6.Accupancy.Prc.se�valloa.Mointenaace and Aotedtoa o4 the ih eiy�ty:Bonriwa's I�an Appllcaiton;Y.�olds.
<br />°�`�`� Bon+oaer shali oocupX.establish,and use the�ssny as Bornower's prinRf(tal�t+�eideaoe within sixty days after the eaeauion of
<br /> -�:��„�,.. chis 5ucuity Insuvxae�¢aad shall oontinue to occvpy the Praperty as Boeaa�er's principal nsidence for at least que year efter
<br /> - --- the daYe of occupaac�'.twIess Leuder otheivvise egc+ees in wddng,wLich ooasent shaU unt,be anreasonabIy wlUahald,.ar wiless
<br />-_v-- e�ctea�zt� dreumstauoes eaist v�JaEch are beyond Bormcver's contml. �orrower sbnll�not destroy. damage oc �� �air tht
<br /> ��'— Prupc�*.aUow the Property to c�tecior�t+e.or oammit wa&ma ou,tha Pnc}�eaty. Boimwer shall be indefault if an;r �feitun
<br /> �='� action ai pmcttding,whether civil or c�imianl.is(tegua thfit in 1�ender's�cad faith judgment cauW t�alt ia farfeityte of the
<br /> == Property or otherwIse materlally impair the Hen ce�ted by thLg Secur�ty L�.unent or L.eader's serut�ltgr rnterest.Bossower may
<br /> _.__,._,,._- cure such a default and reinstate.�,s pmvIded in pa�g�aph 18.by cau�inB t6e actioa or p�uoxdfng to ba�ismissed wtt�a nding
<br /> �.� t�nat, in i�tci's gt�ud faiih tS�cn •_ �Srxlu�fasft'sistcr af she�:m�et's fasers�! it!� _Pr�+??ty�r.utusv nfata�ial
<br /> ` J'� , impairment of the lieu creatod by This Securiry Insuument or Lmder's s�ty intenat. Eo�o�sL.�ft also!x est eiefault if
<br /> - , Bormwer�ducing�tctmtt ePPlicatioa pmass.;,�aoi�materlally false or in�te infocmatIon or s�tate�to Leader<or feiled
<br /> ', w provide I.ender�ckc#aiy matarial informatio?!�p 3n connxtioa wtth the�a�ii evldenced by the Nou.�Crdvt�3ng.but not limited
<br /> � w,apnseatadons c�rcGrniug�anrmver's ox�pancy of tho Rt+ap:aity a4 a p:iacipal reaideace.If this 3xu��y insqroma�fnt is on a
<br />__.'.� t��d. Bortower shali c��2� wttb all the pmvis�ans ��te�e. If Bartorrer ac�uiiss fce title to �e F±�a�r, the
<br /> -`::o�?� leasa'3ir�d and the fee dtle shaU ucr¢e�nrge unlesa I.eader ag[e�:¢co ihe merger in wrtting. ; :
<br /> ,.''�::���� �� 7.Frntecttan of I.eader's Itights in the Prop�ty.If Bormwer fa�s w perfotm the covenaats aad-c�necmen�►i�.h�iicd in
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