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<br /> � S. flR�aird or Prope�ty Inararce. Borcower diQl kesp the improvamen�� now oxi�tina ar herc�fter erected on the
<br /> �y i�.�rea �.��� iow �y n�e, h�za�ds inclwkd within�he �enn 'rxtended corera�e" uid �ny ather h�z�rd�, inciuding
<br /> lloodt or floodin�, !or whlch Lsnder cequlra insur�nce.Thii in�unuxx�h�ll be m�imefned!n ihe�mounta uid fnr�he period�
<br /> th�La�der requira. The insut�nce c.�rrier providin� the insuru�ce�hdi bs ch��en by Botrower wbJect to l.ender'e�pproval
<br /> wbi:h �h�ll nw be unrcawnably withheld. (f l3nrrowcr faili to m�int�in covera�o de�cribed �hove, l.cnder may, at l.ender's
<br /> oplbn,ob�i�cover�e ta protxt l.mder's d�hu fn the F�rapeny in�ecordance wi�h puagr�ph 7.
<br /> All Inc-rru�ct pollcia utid renew�l� shi!! be�czept�ble to l.ender�nd �hdl irklwie� uu�dud mort��e cl�use. Gender
<br /> ah�ll have the ri�l to hold tke pnlicfe�u�d renew�l�, If L,ender rrquirss,Borrower th�ll promptly givc to l.ender all nxxipt�of
<br /> �id prem{ume u�A rcnewal naice�.in the event of In�+,Hern�wr,r ahnit�iyc promp► noticc to thc insurancc carricr and Lcndcr.
<br /> L,ender mty m�k�proof of lou if�wt m�de promptly by B.�rrawer.
<br /> Unleu l,rndcr�nd Bocrower olherwlu e�roe in wdtinj, iniur�procoeds sh�il be�pplied t�rcttor�tion or repair of the
<br /> Propeny dam�nd,if the reatoruion or repair is eoonomicaliy fwible u�d l.ender'��aurity Is not leuened. If the rator�tion ar
<br /> rcp�ir i�not economic�ily fea�ible or Irender's socurity would be lasened. the iruurance procoeds ah�ll be appliod to the wnu
<br /> secured by thii Security Icutrument, whether or not the� due, with any exceu paid io Bon�ower. If Borrower abandons the
<br /> Property,or doa not u�swer within 30 daya a notia fmm Lender th�t the ineurance curier hu otfered to xttle e cltim, then
<br /> Lender nuy callea the iawrance procood�. I.ender rr�uy use the pruceeds to rep�ir or ratoro the Propeny or to pay sumr
<br /> �ecurod by thia Security Irotru�aent,whether ar not then due.The 30-day perfod will be�in when the notia i:�ivrn.
<br /> Unkss La�der and Borrower otherwi�e uigra in writing. u►y applicu�on oC procaxl: to principal shdl not exte�d or
<br /> postpone ihe due due of the monthly paymenta referred to in pan►�raphs 1 �r�d 2 or chan�e the unount of the p�ymena. if
<br /> uader parqrap6 21 the Property u�cquired by l,ender. Borrower's ri�,ht to�ny iruuruwe policia�nd pcoceedt raultin�from
<br /> dun�e a the Property prior to the�cquisition shall pw to Lender to the extent of the wnu�ecured by thi:Securiry Irutruma�t
<br /> immoc3iately priar to tbc acqulcition.
<br /> i. Oaapwcy�p're�eet�tloo.Mai�teowee and Protectlon of the ProPa'i!: Dorto�wer'�Lo�a Applicatba; I.cNCbald�.
<br /> Borrower�hall oavpy,eatabljsh, and uae the Property ae Borrower'�princip�l raidena within tixty days�fter the exavtion ot
<br /> thi�Security lnucumeat u�d sh�ll continue to occupY the Pmperty a�Borrower'a principal rcaidenx for at le�t one year aRer
<br /> tbe d�te of aocup�ncy,ualai l.cnder otlurwite sgrea in writing, which oonant shall no�be unc�won�bly Mithheld,or unlas
<br /> extenuatiaQ circw�tancxs exiat which ue beyond Borrower's control. Borrower �h�ll not datroy, �am�e or impair We
<br /> Property,�Ilow the Pmperty to deteriorue.or commit waste on the Property. Borsrorver�hall be ia defwlt if u►y forfeiture
<br /> �cxion or procadin�, w6ether civil or crimin�l, i�be�un thu in l.ender':�ood faith judamart oould result in forfeiture of the
<br /> Pro�perty or olberwiie materially impair tho lien cre�ted by this Sxurity Instiumr.nt or Lender's�urity iniereu. Bo�mwer inay
<br /> ctue such a defwlt�nd reiwtate,ae providod in paryraph 18,by cawip;the sctioa or proceeding w be diuniwed witd a rulin�
<br /> t1pt� in Lmckr'a eood faith determination, Piecluda forfeiture of the Borrawer'� iacnat in the Propaty or ot6ar m�terl�l
<br /> :�i.�r» �f t�!i�crN�.+b; shi: ��srit� :n:xss�s as :.er.:x': :.,..--u.-ity ;nt—.;rc:i. �..���w�ii :ix,� L,�.:uii ii
<br /> Bormw�e��durin�tbe lam application proceu. tave msterially falie or inaocurate infor�tioa or qateq�nts oo Lender(or(Wed
<br /> to provide ixr�der rvith ury materid infoana�don)ia oonnaxlon with the lo�a evidencod by the Note. Includin�,but aot limitod
<br /> to,rapramtatioos conarnint Borrerwer's oavpancy o!tbe Properiy�s a priocipal raldence. If thlt Secudty Inttrumau is on a
<br /> lea�sbold, Borrower ahall oomply with all the provixiau of tbe Iwe. If Borrower acquiree fx title to t�e P�operty the
<br /> 1c�a�lwld�od tbe tee cide�ull aot merge wilas I.ader agrea to the roerjer in writing, �
<br /> . 7.Arote,etlo�o[I�a�d�r'�Ri�bb h tbe Propaty.[f Borrower faiir to pedorm tlue oova�ants aod a�rx�nnents oonaiood in
<br /> �' Wit Security Imtrumeat, or there is a legal.pcoc�oeding thu m�y sigruficmtly affect I.aMer'a ri�6u in tbe Proporty(auch�s a
<br /> p�octedioi in b�otruptcy, prob�te, for conde�nnation or forfeiture or to enforce l�NS a rejuluiod�),tben I.eader may do and
<br /> pay for wbs[ever i�neoewry a pmcea�he value of ehe Propercy �od I.ender's riQhu in�he Propecty. L�ender•s actlon: may
<br /> iaclude P�Y�t +�' sums Recurod by a llea whice�i hia-priority over this Sacurity Inat:unKnt, �ppearin� in oouit� WYini
<br /> rea�oo�ble auoruey�' foa and eatering on We Prnperty to,make re�in. Altbou�h I.eader mry uke�aion unde!this pra�niph
<br /> 7.L,eader doia�not have w dn w.
<br /> Aay amouna disbuned by I.axitr undor Wis pu�raph 7 ah�ll become additioaal ddx of Borrowa �ecured by'.this
<br /> Securiry Lacrument, Udaa Bort+ower md�Y.tnder�groe to other terms of paymeat, tbe�e unc�uats�tl beu intarea h+om tbe
<br /> datc pf di�bunemeat x the Nde rue and :hall be pa3�able, wiW interat. upoa notia from Lender to Bocrower �+equeatiu�
<br /> puymeat•
<br /> i.Mortia�e I��oee. If L.ender roquired nwetga�e inaurmoe as a condition of a�alcing the loan secured by t61s Secutity
<br /> lnururr�nt, BoRO�ec �htly pay the premiums requircd to m�intaib the mortgage insuruxe in effea. If. for my re�wn, tbe
<br /> m�oet�e inwnnoe coven�e required by L,ender lapks or a�sa to be in effoct, Hormwer shall pry the premiumt roquiral to
<br /> obtdn ooveraje subetantially tquiv�leat to tbe mort�e ansur�nce previoualy in eftoct,u �ooat sub�t�nti�lly eqWv�leat fa tGe
<br /> oou to Bomuw�a of tbe mortgage inwr�acx previauly,in effect, f�um an altemate nart��e insurer�ppevved Dy La�der. It �
<br /> nibwoti�lly equivtkat awrtgage inwraooe covarage i:nnt av�il�ble,8orrower ahhall p�y to Ixader each month a aim p�i�o
<br /> one-twelA6'qf•1he'ye�ulY�B+�6e uuuru�a premium bein��r�id by:�orrower when the inwratwe ooveraRe I�ped or oea�ed ta
<br /> be in effat. I.eiider will ao�ept,use u�d retain theee ptymtnts w a los raerve in tieu of mortgsge insur�ope. [;ou re:erve
<br /> �aoxt sno
<br /> ��dllfNE)tsnf 2►.0� r.o.a a� r�nw.:
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