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<br /> S. Has�rd a Property Itiurance, Borrower shdl kap thc improWements now exinin� or herc�fter erocted on the
<br /> Pr+op�ty,insurod ydn�t lou by flro, ha»rd� included within the term "extrnded cover�e` u�d�ny other hiu,udi, lncludin�
<br /> nooaa or nooai�, for whkh Lenda roqui�Luur�noe.Thi�inauruks�ll be maintdned in the�mounts uid for the periodi
<br /> that Lender roqulrq. The insuru�oe carrler provldin�the insunnce�htll be cho�en by Borrawer�ubjat to I.ender'��ppr�v�l �p
<br /> whkh aiull aot be unraa�opably wlthheld. If 8orrower fdl�to nuintdn ooven�e de�cribed�bove, l.ender nwy� �t (,ender'� �p
<br /> optbn. obt�in ooverqe�a protecK i.ender'�ri�hu in the Propeny in s000rdu�oe with pen�nph T. �
<br /> Atl fnsuraace policitc arxl ra�cwais�ha11 be wxafx�le w i.en�r and ehall inciude R au�dud moct�q�ciw�e, l.ader.`„�
<br /> ihall baw tbe ri��ht to bold tbe polic{a aad n�ewtl�. If Lender requira. Borrower ihdl P��Y Live ta L,ender�i reoeipu of F.i�
<br /> pald P�+eiaiun�t aM ronewtl ndioa.in the evrnt oi laa,Borrower�hall�ive prompt notia to the in�ur�nce curier and L,ender. Q
<br /> Leader nMy mYce proot of lost If not made promptly by Borroa�er. �
<br /> Unku L,ender and Borrower ottKrwi�e a�ree in writins.insunnoe prooeed��hall be�ppUed t�ratonuion or rep�ir of the �
<br /> Property d�unyed,if tha ratontlon or rep�ir ii eoonomic�Uy feasible u�d i,ender'��eaiHry ii not lasened. If che restoration ar
<br /> rep�lr is not ea000niically fasible or l.ender's security would be lraened, tbe inwru�oe praoeed�:bail be�pplied to the�ums
<br /> u+cu�ed by th4 Sewriry Inurnp►a�t, whether a na tl�ea due, wit6 �ay exoas p�id to Bortower. i[Borrorver�b�ndoru the
<br /> Pt�opaty,or doe�uot aro�►�a within 30 d�y�a notia from I.a�d�er tluit the iawr�oce catrier hu olferod to�ettle a cldm,tha�
<br /> Leider mry wllect the ina�ranoe prooeals. [.ender may use the prooealr w repair or restore tbe Propeny or to pay sums
<br /> txurod by thit Sa;��rity Iaarumrnt.wl�ethe�or rat thrn due. The 30-dry period will be�ia when the notia i��lvea.
<br /> Unlets Lender aod Borrower o�herwiie �ree in Mritiai. �Y +�PPllcation of prooeods to princfp�l shall aot extwd or
<br /> portpone the due date of the monthly p�ymaau nl�erred w in par�r�plu 1 �od 2 or ciuese the�tYwunt of the p�ymenu. If
<br /> uada pan�r�ph 21 the Praperty is�cquired by I,e�der. Borrower's right to my lasuc�ooe policia and procxed�raulting from
<br /> danr�e o�the Property prior w the acquiiitian�hall pw w I.ender to tliee eutent of the wme�ewred by this Security Lutrurtxnt
<br /> immediatdy ptior w t6e ar,qui�ition.
<br /> �. Qoc�tprcy,Awerntfa, M�lataumce and Ptateetioo of We l�ropatyi Borro�►�e'�Lo�e ApplkNioo:La�ioldr.
<br /> 8ortower�all ooeupy�aqblish,and uae the Properry�u Borrnwa'�princip�l raidence within sixry day�afler the euocutioa of
<br /> tl�Sacurity iwteumeat and shdl oontinue to ooccx�py tbe Poopa�ty u Bore�owu's princip�l raida�oe for at lt�st oae yar�lter
<br /> tb�d�te of ooa�pew.y.unku L.ax{er otherwiu�rea in wrilin�.which coniau�hall not be un�rauon�Wy withheld,or unlw
<br /> ex�aoatio� d�waatanoes exi�t w6icfi �re bryond Bo�maer'� oontrnl. Bomnwer �U aot dcstroy. dam�;e or impalr the
<br /> P¢+npe�ty� alb�v the Property W deterior�te. or oommit w�ste on the Pnoperty. Bamwer eball be in default if any for[dtuoe
<br /> action or prooeedin�.MMber dvil a criminal,i�bejun that in I.eader's�ood hith jud�a�eat couW rault in forfdtue�e of the
<br /> Pnoperty or aberwire n�erlilly imp�ir t6e lien created by thu 5ecurity Inuiva�t or I.eader's�awdty int�erat.Borrower m�y
<br /> cun wc��dei;�uii m;�eimi.ie,as pmviKiad in p�r�npb iss.uY puaiat tee�ctfoa or pnuoeedin�w be diimlMed witb�tulinj
<br /> tbat,in Laa�der's �ood taith dNernain�tloa. Proclude� forfeftuc�e of the Borrower'� �nret�ea in the Proporty or a�er m�tm�id
<br /> imp�irme�at ot tbe liea craMed by thie�Soturity Inu}umeat or L,ender'i�eoudty inte�at. 9orrnwer�II ala be in dafault ii
<br /> �*���i��:+���Probeas.t�ve materWly fal�e or inaoauue informetion or sutemmts W L.aider(or f�iled
<br /> to povide[mder wtm my n�waial ml�orm.aon)u►amneaion with th��o.n evweeoea by the Nae, in�audie�.bnc noc�rmitea
<br /> �O• �P�°0R�C0O0�O�t ��r'��P�Y bf tbe Property as�prlocipal e+esideace. It t6is Seairity lmtrumeot b oa a
<br /> Ie�6oW, Borru�or ibdl aoaiply with �ll tbe provi:bo� ot the laie. If Horrorva acqul�a fa title w tbe Ptopaty, tbe
<br /> le�ioid ad the Ibe tlde�h�ll not ma�e ualeu Laider a�cees w tbe ma�er in wrltIn�.
<br /> 7. fi�ta�tior u�[.e�eler't Rf�W i�tre ifropatr.U Bocrowar failt to perform the ooveniuib�nd�aaeaa ooatdad ia
<br /> Wfs�eaaity I�aiuo�at. or�tLa�e b�1K�Pro��� �Y �fic�mQy dCoct Leader'�rl�bn ta the P�apaty (a��a
<br /> P�m�P�Y:p�e. fa condeem�tbn or forfeiture a to ea}bra l�a re=ul�Ham). then Lktider may do aod
<br /> py tor wvqiwr h neoewty ro proDpct rhe'value of tbe Pnopecty:wd L,eader's d�hu ln tbe Pi+operty.L�dc�'s'�ctio�t mry
<br /> IOChdO QQ►�if�'�' fllmi �OiCllt+Od by i�•��CD W�Cb hi7 p[jOtlty OVCt dllf $QC,Ui�IY lOSt1UnICGt. �fpEW1j-��$1�COYRt...1MY�
<br /> IO��G�t0�����EEt�AQ latC[IL�d1!b0 PCCpC[tyt IO I�ICC IL�Ii.AIfb011d1�[IdCi Olty(�C�Ct;00 LMICS t���f�
<br /> 7. IAMEI dOOI 110t btY!M-.d0.�0� � . , .
<br /> � wnfOYOfi �Il!'J0�'� �.E�CT W1dCr t�1�}l� 7 �� b00DpIG ��t�00� � O��IO�YCi �OL711+Od �l (�f
<br /> $OR�r�fl�. UO�Ciy BOflO�YCt�L.d1�GC�l�C W OVlx lE[ID�Ot�01l�fI, �hC�C iA10WIltt t��bCx�'pt f[Otl1 1�lC
<br /> d�e+e ot dirb�u�aneot +u tbe Note rak aad �6a11 be payable, witb intaeat, upon natioe f�our� T,a�da� w,Bort+o�a requatin�
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<br /> � Mw�fp�e L�wta�nce. If[.e�det roquired mortRye inarance as�oandition ot maung t4e lom�eared by thb Secvdty
<br /> �1t�eot� Borc�ower t�a1l pay t6e prostiwm raquiret! w tn�intaia tLe moct�t ��urana in effax. it, fa any teaqn, tbe '•• •
<br /> man�e ioa+nooe oo�'a�a�e c+oquirad b�r l�eader 1�or oea�e� to be in et[�ct. Borrow�er�h�il'pry tLe p�+emium�requi�+ed w �
<br /> obt�oovera�e wbsGmtially equivaleat to tl�e moct�aat ina�ao�oe pnviou�ly ia effea�at a cat wbrtaatWly equiv�k�nt to t6a '.
<br /> oo�t a BoRVwer of tbe mort�ye imurance previausly in efhcx. from�a altau�te mocti�e inauer appe+oved by L,endrr. 1f ��
<br /> wbqrati�lly equiv�leat mon�a�e inaraoce ooverase is aot av�ilabk� Boctvwer ahill pty to Leader a�moatb�wm w �
<br /> oae�t+�e1M ot the yauly aoo�t�e Inaumoe F���t P�bY 8orrorva whed the imur�noe ooven�e Uip�ed or ared w �
<br /> be in ef'kcx. I.a�der�vill sooept,u�e md ra�ip t6ae pqmeats d Y loa reum in lia ot mortp�e iawraooe. i.oa racrve
<br /> ��srtlME)ha,�►.o� I�a�� M�o
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