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<br /> � ' � �_ 110�,�
<br /> S,H�rd or ProperZy Imur�aca Bonower shall kap the im�mvements now exis[ing o ftcr arxted on the
<br /> Property inaurnd�galnat lo�s by fce,hazuda includod within the term"ex�ended coveraga" and ou►y other hazards, including
<br /> tloods or flaoding, for which I.ender requlres insurance. Thia inaurance ahdl be malntained in the amaunts and for the perlods
<br /> thu Leider requirc�. The iruuc�nce curier providing the In.turonee shall be chosen by Borrower subjett to L.endePs�ppravat
<br /> whlch �hall not be unre�otu�bly withhald, If Borrower faile to malntain coveragc dGSCribed akwve, Lender may, at Lender'�
<br /> option,obtaip cavera�e to protect I.�nder'a rights in the Property in�ccordance with paragr�ph 7.
<br /> All iniurance policlea uid tenew�ls shall be Acaptable to L.ender and sh�ll include a :t�ndard moctga�e clause. I.ondor
<br /> shdl hrve the ri�ht to hoid the poflcia�nd renew�ls. If I.ender roquire�,Bormwer shall promptly give to L.ender all receipts of
<br /> pald prrmiums and renewal noticr�. ln the event of loss,Borrower shall give prompt notice to the insurance carrier and Len�cr.
<br /> L,aider ao�y uuiice proof of lou it aot m�de prnmptly by Horrower.
<br /> Uales�Lender�od Borrowa otherwix sgrx in writing,inaurula praxds shill be npplied to reatorntion or rep�ir of the
<br /> Property danuged,if the ratoration or rtpdr i�economically fwible aad Leader's security is not lesaened. If the restonuion ot
<br /> reptir l�not economic�lly feasible or Lender's socudty would be leuenod,the insuru�procads shall be appliai to the sums
<br /> secured by tht� Swcuriry Inewment. whether or not then duo, with any excess pald to Borrower. If Borrawer abiu�don� the
<br /> Property, or does not answer withln 30 days a notice from i..emter that the insurance canier hss offered ta settle a claim,rhen
<br /> L,an�kr may collxt the lnaurana pmatda. Lender may use the procxd+to cepalr or restore the Property or to pny sums
<br /> secvred by thla Secudty lnstrument, whether or not then due.The 30�day period wili begin when the notla is given.
<br /> Unles�I.ender u�d Bormwer atherwise agree in writing, any applicuion of proceeds to principal sh�Jl »ot extend or�
<br /> pc�tpone the due dat'of the maiithly pryments aferred to in paragrxph�1 and 2 or ch�nge the artwunt of the payments.lf under
<br /> par�raph 21 the Properry i� acquinA by L,ender, Borrower's right to wy insur�nce policies and procoeda r�sulting from
<br /> d�uns�e w tbe Pmperty prior to che acq►►isition ebell qasa to Lender to the exknt of thc sums secured by this Savrity Inurumeat
<br /> tmmeciiNely prior to Ihe acqui�itioa.
<br /> 6. Oxwpaocy� Praa�tlon,Mdntmance�nd Protection o[We Propertyt Bonbr►er'�I.oan Applk�tioni I�oHI�. .
<br /> Bomowa s1�ill oocupy,atablish,uid uae the Propocty us Borrower'e princlpd raideace within�ixry dayt�tter the cxecution of
<br /> thu Sexurity Inatn�ment�ad shall conticxua to occupy ihe Ptopecry �s Borrower's principal r�sidence for at lwt une yeAr�fter
<br /> tbe date of occup�ncy,unlea�L,ender othenvise igrae 9n writing, which consent sh�ll nat be unreasonably withheld,or wileaa
<br /> �xteauuia� circumatu�cea eaist which an beyond Borrower's control. Borrower ehall not deatroy, dam�e or Impair the.
<br /> Property, �Ilow the I'roperty to detrriorate, or commit waate on tLe�Property. Borrower shall be in default If uiy focfeiture
<br /> acdon a proceedia�,wheWe�civil or criminal,is begun thut in Leuder's good futh judgment could result in forfeiture of the
<br /> Property or othenvise mueri�lly+.mp�ir the lien creAted by this Secucity Insccument pr I:ender'a securiry interat. Borrower msy
<br /> cure such a default aod reinatate;�e provided in para�raph 18,by causing the acdon or.proceeding to be dbmi�d With a rulin�
<br /> tlut, in 1�cWer'�aoad f�ith deter�iiaNion, praluda fodeitun of the Bocrower's intenst in the Property or ntLer m�terial
<br /> i�:i.:�� of:�S:eu crc.:s:,� by thi:�xuzir;In:t�s�rstt ar Ltr,�;:'a s,M:rir�intcr-»t. Ecrrc�:s ohaff at:a� in�;.`�i: ;f
<br /> Borrowa, durini the lo�n applic�tion proaso.�ave materidly f�lae or inroat�u infornution ot aatemeuti to L,eoder(or iWed
<br /> to,provlde La�der with�ny m�teriil infornution)in cannection with the lon evldenoed by the Note, includin�,�tzut not limitad
<br /> ta,repcaentxiom ooaariilnj Barowa's occupuuy of tbe•['ropecty as a priacip�l realdence. Ii this Security In:*,rurnent i�on a
<br /> Ie�ehold, Borrower �hall com�ly with all the provialons of the Iwe. lf Borrower acquirea fa tide to the•�roperty, the
<br /> lea�hold wd the fa title thall not merge unlea�Lender agrxs to the ptqrger In writicg. .
<br /> 7.Protectfw ot I.t�der's RI�6p in�the Property,�IF Bornawer falls to perform the covea�aet imd agrxmaits coatained ia
<br /> thi�Secudcy Insuument, or thoa is �legal proceeding th�t�mny signifieu�tly affect Lender'a ri�hu in the Prapercy (:uch�s a
<br /> pmceedin� iu bamtruptry, probate, for condemrution oi farfeitun or to entorce lawa or ngulujow), then Leoder may do aod
<br /> pay for wh�tevt+r i� r�ooes�ary fo protat the v�lue of We Propecty uid I.eader'a riyhts in the Property. I.ender'��ctlon�may
<br /> include paying �anyr �umt eecured by a lieu which h� prioriry oveX thii 5�ecuriry Inanuneat, �ppearin� in oouzt, pyin�
<br /> re�otuble attoi?�ey�'fas antl e�tains on the Propecty to m�ke rep�ira.Altbou�h Ltader may t�ice�ction uader thL para�raph
<br /> 7.1.EadCt dOC�ilOt h�YC t0 QO 9p.
<br /> My aroounts di�buraed by L.eader under thu parAgr�h 7 sLall baome addjtion�l debt of Borrower eecured by tWt
<br /> Savdty insuutna�t. Unlesa Bormwa u�d Leadsr�rec•to�ther tetma of pryment,thete utw�iaq�hall beu interest from tbe
<br /> d�te oi disbiasein�ent u the Note rnte wd shall be p�yable, with intCcea�t�upon aotioe from L,andet to Bocmvv�er nquat�.
<br /> P�Y�� . ..
<br /> a.Mort�wte I�nra If Lectider nquirod mortgagclruvru�ce su�coodiNon of mticing the lo�n eecured by.Wi�Sewdty� '
<br /> Inraum�ut. Borrower �h�ll pay the prcmiwns required to:m�intain tbe mongaye inauraoce iu effect. If, !or uiy re�we, the
<br /> mort�aje inwrance cuverage required by l.ender laQ�ar ceaaes to be in etf�ct,Borrower ahall pay the pnsmiwau required to
<br /> oMiin coverqo subst�ati�lty equivalent to the roartgage insurance previowly in effect, at t co:t tubuandally equivdeat w tbe
<br /> cou to eortower of tbe moctgage insurance pnviowly in effect, from an dteraate mortgage insurer approved by I.eader. if
<br /> aubu�ntWly equivatmt mortg�ge insuruace coverage is not av�il�b!e,Borrower tball pay to Lrnder each month a tuar eqwl to
<br /> one-twelfth of the y�uly martgage i:uurance pnmium beiag paid by Borrower w6ea the uuucancx coverqe l�peed or cwed to
<br /> be in etfect.Lrnder wiil accept. use and nuin theae puyments as a loaa reaerve in lleu of mortg�ge in�urance.�Ims re�ecve
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