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:� „'•'� • . .t;'E•' „�� ,` � �w.:,._"` ._,_ ,-.�a�tirr,i�tar�.:: � , • ' , . ; .;__ - � . 97�/D�//,s = S. �rd or Property Insurance. Bonower shall kap the improvemcnts now exisdng or hereafter erected on the ;, properry insured against]oss by flrr, hazards included wlthin the term"extcaded coverago" arid any other hazards, including � ,.; flooda or ilooding,for which I.ender requires insurance. This lnauranca ahall be aai�►tained in the amounts and for the periods that�ander requirea. The insuraitce eaRier providing the lnsurAnce ahall be chosen by Borrower subJect to L.ender's approval ,.,�a«"" which shall not be unreasonably withheld. If Borrower fails to maintain covernge described above. L.ender may. at Lender's ��'''�' option,obtaia coverage to protcet L.endePa dghts in the Property ln sccordance with paragraph 7. _ pU insurance policies and renewals shall be acceptable to L.eader and sha11 include a standard mortgage clause. l.ender shaU bave the right to hold the policies and renewals.If Lender requires,Bonower shall promptly give to Lender aU receipts of patd premiums and renewal aotices. In the event of loss,Borrower shall give prompt notice to thc lasurance carrier and Lender. _:._ Lender may make proof of losa if not made promptly by Bono�ver. :� Unless L.ender and Borrower othenvise agree 1n writin8�insutancc Pr°cceds$hal�be applied to restoradon or npair of the - i pmperty damaged,if the nstoradon or repair is economically feasible and I.�nder's securiry ls not lessenod.If the restoradoA or repair is aot economically feasible or Lender's secudry would be lessene�. the insurance procee�a shall be appiied to the sums ¢ secured by,this Security Ipsuument. whether or not then due, with any ezcess paid to Boaower. If Borrower abandons thc _ propercy,or does aot aaswer within 30 duya a notia from Lander thut the insurance carrier has offered to settla a ciaim. then _ Lender may collect the iasurance pmceeds• I.�nder may use thc preceeds ta rapair or resrore the Property or to pay sums � _ securcd by th�s Security instrument.whether or not then due.The 30-day period wUl begin whea the notice is glven. :: Unless i.ender and BonoRSr otherwise agree 1n writing, any applicatlon of proceeds co principal shall not eatend or _ postpone the dua datc of che m��':hly payments refeaed to in paraBraPhs 1 and 2 or change the amount of the payments• If :. — � ' " is ac uirW b L.ender. Borrower's rlght to any insurance policies and proceeds resulting from � • ' under paragraph 21 the Propeny' 9 Y ��=�. '�.':1. ,. . � . � ,�,.•" damage to the Property prior to the acquisidon shall pass to Lender co the extent of the sums secured bY this Securiry Insuument �-=