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<br /> �� S.Ha�ard or Property Inauaence. Borrower shall keep tho improvemcnts now exisdng or hereafcer erected on the Property �,T;
<br /> � ' '��� insured against loss by fire.hazards includcd within the term extended wvetage and any other ha7atds,including floods or "'
<br /> .'�� floodina.for whi�h Lender re�uires insurance.Th�s insurence shall be maintairted In the amoiutts and for tha perlods that Lertder �:
<br /> � '�$, requires,'Ihe insuranco carrier providing the insurance shall be chosen by Borrower eub}ect to Lender's approvel which shali not �•�
<br /> _ ? ba unreasonably withheld. If Borrower fails to maintain coverage descrIbcd above, Lender may. at Lender's opdon� obtatn f�
<br /> " •'� coveraga to prote�t Lender's rlghts ln the Propercy in accordance with paragwph 7.
<br /> � � AU insurance policics and renewais stiaU be acceptable to I.ender and shall include a standard mortgage clause.Lender yhall __.
<br /> - � havu the rlght to hold the policles and renewals.If Lender requires,Borrower shall prompdy give w Lender etl recetpta of pafd _,
<br />>-.�� _
<br /> pramiums and renev�al notices.In the event of Ioss,Borrower sha11 givs prompt notico to the insurance carrler and L.ender.L.ender �
<br /> �y���� may make prooF of loss if not made pmmpdy by Borrower. _
<br /> UNess Lender and Borrower otherwlse agms in wiitin�.insuiance proceeds shall be applied w m,storadon or repair of the
<br />°,,,�___� property damaged�if the restoralion or repair is economiceliy feasiblo and I.ender's securlty is not lessened.If tho restoratEon or
<br /> - ; repair is not economically feaslble or L,ender's securlty would be lessened,the insurance proceeds shall be applied to the sums
<br /> .� sesured by tdfa Seciulcy Insm�ment, whether or not then due, with any excess paid to Borrower. If Horrower abandona the
<br /> Pcapecty,ar daes not answer within 30 days a nodce from Lender that tHe Lisurance carrier has offere�to seule a claim.then
<br /> ., Lender may coUect the ineuranco proceeds.I.end�r may use tha procecds Lo repair or reswre the Property or w pay sums secured
<br /> ° by this Secutity Instr�ment,whether er not then due.'Thc 30-day per[od will begin when the nodce�S given.
<br /> �.. UQIBSS LCII�Cf 8ild BOI[QW�T OtheIW1SC 8giC8 Itl WiItII18,�Y$PPU��on of proceeds w prineipal shall not extend or postpone
<br /> " �� � the dua data of the manthly payments referred to in paragre�hs 1 and 2 or change tha amount of the payments.If under paregraph
<br /> ":;;,::.:�; 21 tlie Pooperty is acquired by Lender, Brnmwer's right to any insurance polictes and proceeds resultinng from damega to thB _
<br /> ;�'�={;'r.'.. Property prlor w the acquisidon shall pass w J,ender ta the extent of the sums secured by this Security Instrument immedlataly
<br /> �:��� :� .
<br /> --,;�;�,� prlor to the acquisidon. `
<br />;,t:�,•;r_,; 6.Occupancy.Preservetton,Ndaintenance and Protection of tde t�ir�operty. �orrower's L� �N�fIcsttass:L�.���.°
<br /> �°'� . Bomower sha!!occupy.establlsh,end use the Prapc�rty as Bunowes's principal residence within sixry days efter the eacecudon of
<br /> ' L ` this SecnrIty.Insuument and shail continue to c�ccupY the Property as Barrower's principal residence for at least one year after the
<br />-���=� — date of occugancy. �u►less 1.ender otherwise a$re�as in wtid�g. ahich consent shali aut be unreasonably withheld,or unless
<br />�-.�,.�a �' eactenua�ng circumstances exist wluch are beyand Bonrower's control.Bonower shaU not destroy,damage ar impair tke Praperty.
<br /> �'""''•; allow the Property w deterlorate,or comtait waste on the Propeity. Bocrower shaU be in default if any forfeiwre ac�on or
<br />'`'';�..° pmceeding,whether clvil or crimfnal,is begtm d►��► Lender's good faitb judgment cauld result in forfeiwre of the Propecty or
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<br /> _�;�;.f�,;,:.�F� otherwise materlally impair the llen created by this Security Instrument or Lender's securiry interesG Borrower may cune sacb s
<br />_-�r�:� ^� ` default and reinstate.as provided in paragtaph I8.6y causing the acdon or proceEding to be dismissed with a rnllng that,in
<br /> -_::::�;'� Lendea's gaod faith deterniination,precludes forfeiture of the Bo:rower's int,erest in the Property or other materlal Impairtnec►t of
<br /> =-`�,�'.�'� th�ileu cr�ai�d by thio Sxurlty Instxtament or L�ntt�'s sec�.*Ily inre.ne.c4 Borrower sha!!also be in defattlt if Borrower.during the
<br /> -``i`��� loan appl3cadon process,gava materially frilse or inaccurate infarmation o:statements to Lender(or failed W provtde Lenda wlth
<br />•:Q::iv"::_�?.��
<br /> ��� any material infc3rmadon) in conneqion wlth the loan avidenced by the Note, includicig. but not lunited to�representattons
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