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<br /> .:�� 5. �rd ns Frog�t9 � $0inrluded within th�tetm'eutended wverage° aad any other hamrds.inctuding �` �.
<br /> .,� , ,�,, :�'�: ProPertY insured agains��bY fire:l�a�ards
<br /> . �,•.=.`:�`, wsurance.This insuranoe shall be araintttined in the amounts and for the periads �.`�=�,
<br /> � '. .. �..... .,: ,: tIoods or floodiag,for whid�Icad�tequires' ^_- :'.-
<br />- r. . that Lender�.The insu�ce Sarrier providing the ins�ranoe shatl be chosen hy Borrower subject to i.ender's approval _
<br /> Lender may .` . ..:
<br /> ,F � whic6 shall not be unreasonably withheld. If Borrower fails to IIraintain�verage descrihed above. .at Lender's
<br /> �. • ,°.
<br /> z� option,obtain coverage to pmtect Lender's rights ia the 1'=operty in socordanoe anth paragcaPh 1. '` :
<br /> . AU insurance policies and renewats slzatl L+e acoegia6le to Lender aad sh�lt includs ���e�I�er lall receip�u of
<br /> s_ �,°;,.° ,� shall have the rig6t to hold the policies and reaevvals.If Lender requires.Boaower shall p P Y 8i
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<br /> ,`_`.��;`:.; � paid prcmiums and renewal notices.In�he event of lass.Bormwer shall give prompt nntice to the insuiance cezrier and Len�.
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<br /> Lender may maYe pmof of loss if not made pmmptty 6y Borrower. ` �
<br /> • � • � •. Unless�..eader and Borrower otherwise agree in writing.iassrance pracePds shall be applied w restoTation or repair of tFie P_-
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<br /> - `��r;'� propertY damaged.if the reswrarion or repair is eoonomicaliy feasible und Lepder's security is ao3 tessened.If the�storauon or .-:s w_�
<br /> .: : :,'.� �epair is nat�micaliy feasib2e or Leader's secur►tY woutd be tassened.thc insurance Pmoee�s ehall be applied to�I'►e suins ��4�-r
<br /> � L� ` `"`,` ' � s e c u r e d b y t h i s S�c u r i ty L u t�m e n t, w 4 e t her or not theu due, with any exce.ss Qaid to Borrower. If Bormwer a6aadons the ��.,.
<br /> � p�o ,os does not ansaer within 30 days a notice from L,eader that the insuiance canier 1�a s o f fe re d w s e t t l e a c i a i m,t h e a �'.=�r:
<br /> •` �y Lender may ose the pivoeeds to m,pair or restore the Pcoperty or to pay swmg �,�,-;.
<br /> . +.,f Lendec may colle�the insurance pmceeds• �p �,�rhe notice is given. ' `;,. --
<br /> . �.-� secured by this�tyr I�n���.�er or uot then due.The 3 eri�d wili begin �_.`�`_
<br /> �.. �f� , U�tess��!.���+�T othenvise agr� in w�;�';�plicadon of proceeds t��+rincipal shall nat exten� or ,
<br /> 4;
<br /> . ,.� ',r` .�" � 3 � referred w ia pa�.-*e��s I aad Z-oz changa;�a amouat of tfne paymerns. If �s
<br /> ,, ��fi ; pas`tpone the�.:.��t�saonthlY PaYmen�s olic�es and rooaeds r�ulting from � _ .
<br /> .`•� ' cua�r PatagcaP��1 the P.��is acquired bY Leader,�oaower's right w any'c,.�?:�^-ce P P
<br /> r'�fi�%��, ' l dapoage to the��Y Fr"��e;�the aoqaisition shall pass to Lender to the extent of s.''��s soc�ued bY this Security tastnuue�t � -�"'
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<br /> �;;1��lry.�,.. ,u�,:,� Iminediately��ice to the.stoqaisitian. catioa•Leaseholets. "-
<br /> :':.�`;4'�,. � :�'; ";, 6. �y,PresRrvatton,Maintentu►ce and 1'rotedion o�the Ptopert9i Borrawa's lE,�n ApF� +
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<br /> `•'?.ti�''`. . �� Borrower shaii�cccupy.establisb,aad use the Property as Borrower's principa!residence wittvn sixty days aRer the exa.v6oa of' . ... _
<br /> '� ' cu • reaideace for at least one yeat after �-
<br /> �,����• this SecaritY Instrume°t and shal!continue to occupy the Property as Borrovrer s griucipal
<br /> ."�r"'".�'��:-;'�:�;�' ; uj waitin w�ich eor�sent sD�not beum�easonably withhetd or untess ��°-"`-';
<br /> �.• ., �° the date of accapancy,unless Lender otherwise agrees� 8+ ' �;'
<br /> ° �t¢nnating c�tances e�st which are beyond Borrower's control. Borrower sha11 not destroy, damaSe or impair tne �z_,
<br /> ..v.�� � -----
<br /> Prupecty.a11o:..�:.:.Property to d e terio r a t e.or cummit waste on the�Paupetty.Basrower st�6e ip defsult if auy forfei.�ue �._�
<br /> , �� > action or proce�i33ag,whether civii or crinniaat,ts begvn that in L`e�et�goad�ifb judgm��Id result ia forfeiture off,�t.
<br /> � _r. ". � cs;.eader's s�carltY i�erest.Borrower i�ay --——
<br /> `�'t%",'�?':�± , or otlierarise ma�rially tmpair the lien created by tbis Sea�:t9�n5u'� ---
<br /> ,1;�,, . �OP�Y e h tS,b caasia$the action or pmcee�ing to be dismisred wItb a ruling = -
<br /> � ;�, : ' wre such a defanit and reinstate.as provided in paraST�P . Y :;,�";`�
<br /> .. � that, in Lerzc�r's good faith determinadon.Precludes forfeiture of the Borrower's interest in the Progerty or other material i�,�-_
<br /> � � impairment�J�he lIen created by this Secarity Insuumeut or t�.��r's sewriry iateresc. Borcower shal!aiso be in default if ---
<br /> • ` gamower.during the loau applicaiion prar.ess,gave materiallY falsz ax inaavra�e information or atatements to Lez►der(or failed
<br /> ..�.�'�:,• --._._
<br />_ , .,. • .. •; '� to provide Lender with any material informadon}in�on wit�s i�e loan evktenced bY the�Nate,inctuding.6ut not Ilaonted ---_-
<br /> � .: to,rePresertaaons conceraing Boaower's oxupancy of the Yroperty as a principal residence.If this Securiry Instrument is on a
<br /> ' leasehotd. Bonflwer sha11 comply with all the provisions of the trase. If Borrower acqn3res fee title w the Property. the _-_ -_-
<br /> �' .� leasehold a:v��'�:fee atte shtill not merge unless Lei►der agrec.s to Y�e merger in writing. ��_ _
<br /> . � .�.,�`• 9.pn¢�i�n of I.eude�s Rlgh3s�Ce�e ProPerh'.If Borma�r faits taperform the covenants and agreemeius cantained ia
<br /> '�-• :: . .'�:�.:` t�s Sscyrity i�n�ment�or thpre is a leg�l proc�ng tirat may���SCandy a� Leruter's rights in the ProPettY (suct►2s a —
<br /> ::!�1..�:`• :� ;:. �S u►l�eT�kr'�z�.C�' �
<br /> ���� �k , . obate, for candemnation Qa forfeiture or to enfoace����,os regutati�ns).then Lendet maY do aad�
<br /> � ; :'r���:, pay t�or arh�e�e7 i§nece.ss�sy to pratect tAe vatae of tte Property and Lender's c��:ts in tde Pcoperty. Lender's actioas may _
<br /> e< � Inst��n, ePPearin8 in cawR, Payin�
<br /> , ` incfude pay��'any sio�mmg secared by a� �ien which has prlarity p er this SocuritY
<br /> � ' �j,, reasonable a��meys'fees and entering on the Ptop�rty to make repaits. Althougb l.endes may r�.c+e asxion under this Pata��A -- -.-.
<br /> � � 7,Lender daes nut have to do sfl. ' '
<br />- � pny amounts disbursed by Leader aader this puragraph 7 sha11 ixxome�dd��ional dei't of Borrower s�ure.d by this W,, _
<br /> � Seairit7►Insmsment. Untess Borrower and Lender agree to other temis of pay�9 these amounts shall bpar interest from the � tF�---
<br /> .�i�. .� .'� ' date of disbv:sement at the Note rate aad shall be payable. with fnterest, upon�norice from l,ender to Borcower requestia� ^ ._
<br />_- .'.: • , • . PaY�ent• '� �.-
<br /> ' . . -,.• ;, 8.�Vlostgage Insuraace.If Lender re�uie+erl mostgage insurauc�rs a oondition of malcing the loan secured by this Secusity �F
<br /> Insmiment. Bonower shall pay the prcmiva�s req�ired to maintain the mort;,ag� insurana 3n effect. If, for�reasor�� ��_�;:
<br /> . mortgage insurance c�verage mquired by Lender lapses or ceases to be in ei�e�x.�IDorrower shatl pay the'premi reqni �::`._
<br /> � .. . � obtain cosea�e substanGally equivalent to the mortgage insurauoe�:eviously i�effect,ai a cost substantially equivalen!to the F__;..
<br /> � � � cost to Sorrower of the mortgage inswanoe previously in effcxC. f�n,m an attemate mortgage insurer approved by I.en�er•If �.,_,,.
<br /> � substmmally equivatent mortgage ins�rance coverage is not availab!:,Borrower shall pay to Lender eacb month a sum eqr�l to �;4
<br /> •• ane-tsvelfth of the yeariy mortgage insurance premiom being paid by Bonow�r w�en the insurance coverage tapsed or c��to . �,-:::
<br /> ' � ,, be in eftect.Lender will accep�use and retain these payments as a loss mser��e in lieu of mortgaSe insurattoe. Loss sesen'e , �,,.
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