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<br /> , 98.. s�.o4��
<br /> �. �rd nr Pmperty In�uraate. Borrower �h�ll keep the improvement� now exiuing or hete�fter erectod on the
<br /> Property imured��alrut losi by tiro, h�ardi included wl�hia the term "extended covenge'ind eny other haza�d�, including
<br /> flood�or tloodin�, [or whlch L.endcr requim insunnce. 'fhis insur�nce ahall be mainteined in the amounts and for the periods
<br /> th�t l.eoder requlres. The iniurana cartier pmvlding tho Inwru�ce eh�ll be cho�n by Borrower�ubJect to Lender's approval
<br /> wbich if►�11 rat be unreswnably withheid. If Borrawer f�ils to nulnt�ln cover�ge doscribed�►bove, L.endor mAy, at l,ender'e
<br /> aption,obtdn covar�e to pratect l.rnda's ri�hta in the Propeny in�ccordance with p�ragraph 7,
<br /> All (nwrance policies �nd renew�l� shdl be�ccep��ble to l.ender uxi�hsll include a a�rd mongage cl�use. l,ender
<br /> shell have the ri�ht to hold the policks nd rcnewdb.If l.ender roqulre�, Barrower�hall promptly give tu l.ender�Il receipt:af
<br /> paid prenuuars and rtnewzl notices.!n �he event of la�, Bocrawer sh«ll give pron�pt noticc to thc insar�ncc c�rricr and Lende�.
<br /> L.ender may m�ice proof of lou if tat mide promptly by Borrower.
<br /> Unlw Lender�nd Borrower aherwiae��ra in writina, in�unnce proceeda shall be applled�o nator�tion or rcpair of the
<br /> Property d�nu�ed, if the ratonuion or rcpalr is economially feuible ud i.cnder'�Kcurity i�na leskned.(f the rcstoruian or
<br /> t�epair i�not economic,�ll��feuible or i,a�der'� security wauld be lasetkd, the insurance proceedi ahdl be applied to the sums
<br /> secured by thi: Secudry Instrument, whetha or not then due, with �ny exceu paid to Boerower. If Borrower abxndcros the
<br /> Property,or does not�rawer within 30 d�ys a nodco from Lender that the insurance carrier h�s offercd to settic a claim, �he»
<br /> Lender may collect tbe insur�nce pracad�, Leaider may use �lse procoals to rep�ir or ratore�he Propeny or to pay sums
<br /> sacured by thi�Securiry Inatrument,whdher or not ttien due.The 30-d�y period will begin when the noticc ia given,
<br /> UNa� l.ender md Bortower atlxrvvi�o �roe in writing, �ny applicatlon of procoed� to princlpal ahall not extend or
<br /> po�pone tt�e due dnte of the monchly p�ymenta nferred to in puu�raphs 1 uxl 2 or chanQe the uriount of thG paymenta. If
<br /> unde�pu��r�pl�21 tho Property L�cqulrod by Lender, Borrower'�ri�ht to my inauru►ce poflcfa and proseeds r�aulting from
<br /> dam��e to tha Propeny prior to che�cqubition atWl pau to Lender to the exteat of the iwns exund by this Security Iruuument
<br /> immedi�tely prior to the acquitition.
<br /> i.Oocrpancr►Yraer�Nion�Ma�alau�ce�nd Pe»tectlon af the Propaty;Borrower'�I.an Applkation;I.weiiohb.
<br /> Borrower sh�ll occupy,aabli�h. �nd we the P�operry�a Borrower'e princip�i residena within siary d�ys�tter the execution of
<br /> thia Security ltuteumeat aod ihall oontinue w oavpy the Propecty u Borrovrer's princip�l raidenoe for u leaat aae year after
<br /> the date of oocnp�ncy,unlesa Lenda c�herwise a�cea in writing, which coaseat eh�ll not be unrcuionably wlthheld, or uuleu
<br /> extenuuin� clrcumsuocsa eziu w6irh ue beyond Borrower's control. Bormwer s6�11 tat datray, dama�e or impair tbe
<br /> Property, aUow ibe Properiy w deterionte,or commit w�ate on t6e Property. Borrower alult be in def�ult if aay forfeiture
<br /> �ctioa or p[aoeedlo�,whether civil or aimintl, is betun thst in L.ender': good faith jud�ment could result in forfdture of the
<br /> Prnperty a aherwise mueri�lly impair tbo lien creuod by thit 5ecurity Insuumeat or I.ender'� security intenat. Bonrnver roay
<br /> curc wch a defi�ult�od r�imtue, as provid�ed ia Pu�rnph 18.by cawin�the�ction or prooeedin�ro be dismiuod with a�ulit�
<br /> tbat. ia L.a�der'��ood faiW deterain�wios�.Precluda fodeitun of the Borrower't inttrest in the Propetty or other autuial
<br /> iropairmeoe a the iiea crp[ed by mis Socuriry tmaumau or i�ender`s �ecuriry ince�eu. �vrro�ver �cail �Lo be iu uefauie if
<br /> Bocmw�er,durinj the loan application piooea,�ave m�teridly false or:insr�ur�te infornution or�t�taments to Leader(a tailed
<br /> to prov[de La�der with any m�teri�l infonnxba)in oonnaxfon wiW thc lwn evidenced Dy the Note. iacludin;,Mu aot litnited
<br /> ; to;t�epro�muciau 000cernia�8orrorver'�oaupaei.y of.tfie Property ea�principal reaidmoe,If thi�Sacuriry Iq'strumait i�on a
<br /> l��eboW..Borr+nwer thall comn1y with all the nmvi�lhe� nf rFu: le� lf Mre»wwr .M.�IM. G�. Nri� �,. .ti. o...r.:w,� .�..
<br /> le�diold aad the fee tide.s6a11 not merseunla� I�a�der a�rees to tbe merger in writin�,
<br /> 7.Y�rof�#!o�of I.eirder'r RI�Yts�the Fr+ope�ty.If Borrower fails to pa�form the coveo�au�nd�nanenu oonulned is�
<br /> thit Secudty lruwmmt. or tbere u a lepl Proc.eediu� ttut auy sf�uificmtly at(oct I.eader'a d�hu ln tbe Proparty (a�c1�r a
<br /> P►��i��'Y�P���for ror�d�n�ioa or focfeiturc or to wfora lawa or re�W�tiom).tl►►ea l.eader mry do�od
<br /> pry fot�vh�terer ie neoeaary w protea the value o[the Property u�d I.e�xler's riahu ia tbe Propeny. I.a�der's�ctioa� taay
<br /> inelude p�yin6 my iurtu �ea�red by rlien which has priority over this Sa�urity In�nua�nt, u�+pa�rlai iu eairt, payiaQ
<br /> reMOaabk sttoinrya' fea and enterfo� aa the Prope�ty to make ra��in.Alchou�h La�da m�tabe action mder thi�para�rnp�
<br /> 7,Larder cba aa tuve w do a. '
<br /> My aaiou�s di�bur�e�i by la►da under this p�ryraph 7 �6�11 beoome additaml debt of Barawar•-a4cured by t6is
<br /> Securiry In�tnuaa�t. Unla�'Barcower ad I.ender�:to otber tennt of�ymeat. thae amounu adll bar'interat ttum the
<br /> d�te of di�burraca►t �t the t�otc;�rne wd.�11 be pry�ble. with intera�t, upon t�otioe trora I.eoder to Boerow�a �eq�wtioa
<br /> WYmera• �
<br /> f.Mortp�e Irnrrece.If I.ead�r roquirod aart�a�e insurma n a condition ot mdtin{t!x ban�ecured Dy�his Secudty
<br /> In�trumert, Bor�uwer�all,pry the premiurtr roquirod to m�int�in tbe wortaage iasuranoe ia e(tect. if, for wy reriwi, the
<br /> na�t�e 1n:ucaaoec�r�g e tequirod 6y I.eMer I�ua or cea�ei w be in etrxt, Borrower �l1 p�y the prcmiuin�required to
<br /> obtain ooverye wba�atWty equiv�lent io �he mort�e Luuru�oe previously in ei'fect,at a cost�ubsuntiAUy oquiv�leat to the
<br /> cat to Borro�rer oi the moctgage lnsurmca.previously in effect, from m altemate mon�s�e i�uu�+er�p�proved by L�eader, lf
<br /> wbuntbJly equivaleat mortg�o ituurance coveia�e u na av�il�bk, Horroaer elull p�y to I.ender exh aaqth a wm equ�!to
<br /> �oae-twelfth ot the yearly nqrtg�ge insurmce prcmium bein�paid by Boreower whea tbe iasunnce oovera�e IAp�ed or ceared to
<br /> , :be in etfect.L.etder will a�cco�t,ux�nd retain thae p�yinenta ai a loss raerve in lieu of toortg�e inaurance. Loas reserve
<br /> . � •• ' Form�O7A �1l0
<br /> �-lRINE)n:t2i.o� �.o.a ur� � . wnw:
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