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<br /> : _Y�, S. Hazord or Proporty Ineureaae.Borro�ver shal! keep the impmv�manta now existing ar hereafter erected on __
<br /> the Praperty iasured ugrunst loss by fire,hezards included rvlthin the term "extended cc�verago" and any ather hazarda, �
<br /> . -=�: `'��- inatuding tlondR or flooding,for which I.ender requires insui-enca. This iasuranca ahall be mainteiaed ia the amauate
<br /> •,,,,<, . K;; and fot the perIads tMt Leader requires.Thv insuraaca carcier providing the insuraace ahell b�chosen by Horrower =-
<br />'"�' ` g BubJeot to Lender's approvai whioh el�ll not be unreasonably witt►held.If Borrower fails to maintafn coverage desctibed `-
<br /> �;. ': s abave,Lender may,at Lender'8 option.ob4ain coverage to parotect I.ender's rt�hta in the Property in occordeace vJith F
<br /> ` ''�� ParaBraPh 7. _
<br /> ,�, All inaurance policie.s and renewals shall be acceptable to Leader end ehall lncluda a standard martgage clausa.
<br /> Lender ehaU hava tb:e rIght to hold the pollcies end renewals.IP Lenderrequires, Bonower ahall promptly give to
<br /> LendCr oll receipte of paid premiume aad renewal aoticea.In tLa avent of loss,8orrower ahall glve prompt aotice to tha
<br /> �..• . insuranca carrIer and Leader.L.ender rttay maka praof of lass i i not made promptly by Borrower. -
<br /> ,�: Unless Lender aad Borrower otherwisa agee in writing,in9uraace pmceeds shell b�applied to restoratioa or repair
<br /> ot the Property damaged,if the testoration or repair is econouaiceU y isasible and Lender's securitq ie not leaseaed.If the
<br /> _?� reatoration or repair is not ecoaamlcally feasible or Lender's sccurity would be lesseaed,the Insw�ance proceeds ehall be
<br /> } applied to the sums secured bp this Se�udty Inatrumenc.whether or not then due,with suy excess paid to Borrower.Ii _
<br /> �'�' ` Bata�ower abaadons the Proporty,ar does aot easwer within 30 days a notice irom I.ender that the insuraace cartier has
<br />:��';;•.,'�., oYfered to settle a claim,thaa Lender may coUect the insurance proceeds.Lender maq use the praceeds to repair or
<br />_�,�_:;., restore the Property or to pay sums secured bq this Security Insuument,whether or aot then due.The 3a'day period will
<br /> : , begin whan the aotice is given.
<br />'�,.._�;,i;'.' Ualess Lender aad Bonower otherwise ageee in writing,any applieation of proceeds to principal shall not extead or
<br />�;.��.,.� pustgoae the due date oi the monthly payments refened ta ia paragraphs 1 and 2 or change the nmount of t�e paym�nts.�
<br />�f��'�r-` Ii't�nder pazageph 21 the Property is acc}uired by Lender, �orrower's right to any insorance policies aad psocee�s .�
<br />�``'""•'''�` � r�ult�g fmm�damage w the Property pnor tn the aca�uisitios�,ehut3 paEa to Lender to the esteat of the suma sectar�rd bF.' .
<br />-���•`� t6is Securaty In�ts�ument immediateIq prior to the acquis�8tan. . �
<br /> � I 6.Occu aucy,Pseservatioa,Maintenance and Parot��om►a�dhe Proporty;Bonocver's tnaa Applicat�on;
<br /> �=-'�� L,areeholds.�nower shall occupY.establish,aad use tk��P�ty as Borrower's priacipal residenca within sIat9 days
<br /> s`�"'�`�� af,tar tha executioa o4 this Security Instruanent and sti�Ill at�atiaue to occupy the Propertg es Bortower's priacipal
<br /> -"��,�'� reslaaace for at least ane year after tha date of occupanop.vniess I.ender otherwise agrees in writing,which oopseat sball
<br />.�a;;;-� aat be unreasonably wIthheld,or unless estenuatiag circamstaaces exist wtuch are beyoad Borrower's coatrol.Borrower
<br />';;,__�� shall aot destroy.damaga or impair the Property,allow the Property to deteriorate.or commit waste on the Praperty.
<br />;;��� Borrower ahall be in default if anq forfeitura action or proce�ding,whether civil or crimiaal.is begua that in I.ender's
<br /> :rL�.:����a goqd faith judgmeat could rosult in forYeiture of the Property or othetwisa materiaUy impair the liea cteated by this
<br />- ,��'� Saaurity Instrumeat or Leader's security intorest. BoM'ower may cure such a defsnit and roinstato� as provided ia
<br />°��t���� ngr,ogtaph 18, by cau�ing the acNoa or proceeding t� be dismissed �►ith a ruling that. in Lender's good faith =
<br /> _ -_ _� dat�cnaiaatign,preclt�de�forteiture oi the Honower'e inteteef in t�e Proper.tg or other materi�t impairment of the iia►
<br />-`'`�:��� cneated by t6is SBCUrity Instrument or I,eader's security in4es�est.�vrrower shell also ba ia detault if Bortowet.during '
<br /> �=w-�� .
<br /> _ ti�e 2oaa•application pmcess, gave materially false or iatacaurate iaformation or statements to Leader (or failai ta ,
<br />_-�•�•�j rc�vil�e Y.ender with an,y matenal information)in cozinection wIth the loan evidenced by the Note,iacludiag,but aot:' ..�;
<br /> �'!��
<br /> . .�.te�to.represeatations coacxrning Borrovrer's oceuPaaaY of the Propertq as a priacipal residence.If this Security,�.�".�:
<br /> In�'tsiiment is oa a leasehold,Borro�er shall comp2q i�vith al!�he Pruvisions of the lease.If Bortower acquires fee.titletp'�-;�_
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