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<br /> s. Hasrrd a Propart� I�nnce• Barrower shdi kec�► thC Imprpvements now existiu�or hereaftcr erecttd on the
<br /> PropertY iu�urod y�inu lou by flrc, hwvde included within the term "extrnded caverage" tnd u�y other huuds, Includina
<br /> tloodi or floodin�, tor whkh l.eMer rcqufra iruutu�ce,Thlt iruurance�hall be m�lntainod in the�mounts u�d for the pedads
<br /> t!w t.ender roqulra. The iruuru�cs curie�providin� tho ieswrance �h�ll be chosen by Borrower subject to Lender'��prov�l
<br /> which �hail not be unr+e�wn�bly wi�hheld. If Borrower ful�ta rtuJntain oo�•erage dacribed above, lxnder may, at Lender's
<br /> optioa,abuln cover�e to prcxcet l.rnder'�ri�hu in the Propaty in actordance wlth p�ryraph 7.
<br /> All inwr�nce poikia wd renew�l� �hall be�ocept�ble to ��er�der md sh�ll include a st�ndud mnrtg�e cl�ux, l.ender
<br /> sh�ll h�ve the riaht to held►ha�x►licia tutd renewnl�. If Lcnder nquircs, Borrowcr shall prornpt�y giv�to l.,eeder dl rcceipts of
<br /> p�id peemiwm aod reaewal antioa. In the evau of lou.Borrower th�ll aive pmmpt notia to the iasur�nce curier and l,enckr.
<br /> l.atder m�y m�ke proof of lou if not made promptly by Borrower.
<br /> Ua�es�L,ender�nd Bonnwer otberwix ajra in writia�,inauruxe pmoeod�sh�ll be�ppliod to r�stontion or rcp�ir of the
<br /> Pcoperty danu�ed,if tbe ratoratlon or r�ep�ir!s ec�oaomic�lly fwible�n�!Lender's security is no[lasened, If the ratoration or
<br /> rep�ir ia not eoonomic,�lly tea�ible or L,eMer's savrity wrnrntld be leauned, the insurAnce proceods shall y�;applied to U►e sums
<br /> �oairal by �his Security liutn�ment, w6ether or not thon�x, wlth �ny excas paid to Borrower. If Barrower�bar�do�a the
<br /> Property.or doa not aaiwer wlthin 30 days a aotice froni L,aKkr tlut she imur�noe carrkr 1as offec+ed to xttle�cl�im, tf�►
<br /> ��r �Y �I� � �+�oe p[oceads. Leoder may we tht prooeeds to rep�ir or ratore tAe Pcoperty or ta pny sums
<br /> sxurod by tha SxuMty itturumeat,whether or not t6an due.The 30-day period will bcgin when the notice is�ivea.
<br /> Unk� L�ader +u�d Bormwer otherwi�e agra in writins. wY �pplicatioo of prooeed: to princip�l sh�U not extend or
<br /> p�pone the due date of tbe awntWy paymeau referrod w in par�r�plu 1 �nd 2 or changc the�mount of the payrr�nu. If
<br /> wider pva�r�ph 21 tbe Pruperty U aequirod by L,pder. Borrower's riaht to a�r inauru�a policia md prooeeds raultiag from
<br /> dsma�c to the Ptaperty prior to Ihe aoquuition�hsU p�ss to Laider to the ezteat of thc sums mvred by this Security Inurun�rnt
<br /> immediudy ptior ta tbe aoquitition.
<br /> f.OonPrcy�P1�aertMlal,Mdate�woe a�d Protectllp of the Proper!!'i�*+owe�''s L.u�r Appilp�tlopi I.eddwl�il.
<br /> Bortower sh�ll oceupy�esubiL6,xd uee We Proppty as Borrowa't principal residaioe wlthin siaty days�fter tt�e exaution of
<br /> thit Seau�ity Inuninx�at�td thall oontinue to ocxupy the Pe�oper�ty�e Aotmw�er's principal.raicfeiooe for at Iwt oue yar atter
<br /> t6e date of oxu�nc.y� uWeu I,axier olhrnvise�mes ia writins,wbic�con�ent a6a11 not be unnbonably withhdd, a unlas
<br /> ea�teewtinL circuo�t�ooa exist which are bryoed Borrov►aer'� ocx�trol. Borrower �U not dxsvoy. danuige or impair the
<br /> P�ope�ty� dlorv the Pcopetry to detaio��te� or oommlt waste on tbe Propaty. Borrow�er shal! be in defi�ult if
<br /> adioa or prooeedins.rvl�aher civll or criminal, is berua that In L�der's mY forfeiture
<br /> �ood f�it6 jud�na�t oould n�ule w forteiture of the
<br /> Pinqbrty or w6enviu m�terially impair the liea c�wad by thu Searity Inarumeat or I.mder's security intetert. BortoMer may
<br /> w�e a�a dafwlt ind reimtate.a�p�ovided in P�6r�p�1$.bY csusioa the aaiar or pc0000diog to be di:miaed�vith�rulin�
<br /> tl^w iQ�'��........�.... �'�i'.�'. �.."t.,."Ei�.."+a3, 'yicC'a'�i�i,a iiniBiiiiid 6i wc $o[Itlw�e�'s Iace�[Lit in me i'[+0�'Ry Ot Othet mMEfi�l
<br /> It�l'�I Of l�!��1'JI G[C�Od � 1b1� $!q!1'Itr�N1DLYk Of�.Cfldl:l�t �OCL[�ty IQtCICiI. BO[fOWlf i�li�� ��q bC lII ��1 ��
<br /> ��^a���the lao+ippl+c+u�on wooess.tave�uced�lly talse O[tos�oa,r.ce infomoukn a sta�anent:to t�eaaer(or tdlea
<br /> to P�ovide i.eoder with�rry m�taial intoam�ioo)�n connatiaa with tbe lan evideaced by the Noee,includiat�but na limited
<br /> to,��ooaoanirt�bazo�wx's oocup�ocy of tLe Prope�ty at a principal residenes. If this Secudry Inarumeat!s oa a
<br /> 1�o1d. �orto�er �hW oompty �vitb �11 the provuioat of tbe lea�e. If BamwKt aoquit�.+ gre tide to the Propetty� the
<br /> ka�boW�od the ibe titk�11 not qxr�e�u�las l,eader ajreex�o the mersa in�rcidn�.
<br /> 7.lhobcfio�a�I.e�'�RIdMa ir tre rtvpertr. If Bcxrowa fails W pa�form tbc oovauats nd�ro�a 000uioed in
<br /> thi+Seaai'tY Int�omeot.a tbae u a I�pi Prooee'di�K � �Y +�t�t�raotly�tfaa Lader':ti�hU in the
<br /> P1O00°'�t���'Y•P�►�. fa coodemmdon or fortidtune or to en6e�roe Itrvs a �r<aeb a��
<br /> p+y far Mh�tever it nene�ry to pote�ct die vdu�of d�e Pnopaty md Laada's riYhu in�m)� dna l.e�der mq do aod
<br /> • . incJwk P�9'iu� aah' ,u.o;, i�iai�ai by a Iien whidr has peiotky over thi� SewritY I��y. I.eader's�ctf�ts mry
<br /> •. ��'�� ippario� ia oonet. P�D'�
<br /> eataiu�on the Pmpe�ty to m�ke r�in.Ahbouth I.eader mey nire�ctioa uader ddt pica�r�ph
<br /> " � 7,l.eader 6oa not buve to do w.
<br /> Aar amouw di�buriod by l.eaakr uader thi� pan�r�ph 7 �h�ll b000me additloa�al ddx nf Harvw�er recurod by this
<br /> Searity lanrameot. Udeu Borruwer aAd.Laider ap�e w othr tam�of pa�rmea�. t6e�e uoouna ihall bar interac troim tbe
<br /> d�e of dirbune�t at the Note r�tc and�hall be psyabk. �rich intercst, upou notioe fmm Leadcr w l�ocma�a roquatin�
<br /> WY�• .
<br /> i.M�fp�e I�w�oe. If L,eader required mati+ie ineuraax as a oonditioo of m�kini tbe lan�utsd by this Se�c{ty
<br /> Inetrunoeni. Borrower�hall pay �he�p�iniums require� w muiotaia tbe nto�tga�e inau�ooe la ef�eCt. If, for a��. t6e
<br /> ���requimd:b'F lrnder lapks ar owes to be in ef�ect. Bamw�er�ha11 W)'the Pe�miumt tequtrod W
<br /> obWo oo�}a�t subsuotiallY equn'alaNt�to the�nortt�e imua�noe Pre�'lou�lY in effea,at a oaet sub�aotidly equivdeat to the
<br /> •.aat to 8ormwer of t4e morti�t� �u�P��Y in ef[ect. fraa w�ltanate asorts�e iosuret app�oved by l.e�der. lf
<br /> �Y��+��E+���s�e i�not av�ilabk, Borraver sh81 p�y w I.eoder acb rooath a am equ�l w
<br /> 000-t�vdAh of tbe ye�tiy�ioQt�e�aumoe premium beinL P+��9 BomoMer wba�the�---^�oovexaje l�p�ed a cewod w
<br /> be ln etteu.I.eader will aooept,we�re�ain d�ae ptymaus� a fai oexm in liw of mc►�g�e iu�uiaooe. Laa n�serve
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