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<br /> � � � ' ��oo�o�o ��.� 1��, 9$—� l0�'960
<br /> ' .S. }�b a Pr�erty 1u�w'�nce, Borrower 1 kap mprovemenu now exittina or heraRer erected on the
<br /> PropenY iruured ss�inst lou by tire, hu�udi included wi�hin the tenr "extrnded cover��e'�nd�ny other haruif�, inciudin�
<br /> fiooda or floadin�, tor which l,eneier requirei imunuke, This inauru�ce sh�ll be.mzintained in the umunts�.�d far�he period�
<br /> thn l.ender require�. The ia+turu�ce carrkc providin�tl�e fnsututa�h�l! be choxn by go�,er�ubject to LendePs appmval
<br /> which shall not be unre�ort�bly withheld. If Horrawer f�lls to m�int�ln covsr�ge dascribod�bave. Lender mAy. at l,ender's
<br /> • optiaa.ohtain wvera�e to protect Lender's rijhu in the Froperry in aocordarke with pu��raph 7.
<br /> Al! inwr�nce �wNcks aad rotxwala ehiJl be�oapt�ble to L�er,der and sh�ll include�stutdud mong�e clause. L,Krxler
<br /> s1W1 bav�the d�ht to hald the pnlicks u�d renew�ls. If L.ender rcquirea. �rrower sh�ll prompdy givc to Letxier all rcafpts of
<br /> Pdd premlw�u md renew�!notica.In tbe evrnt of loss,Bocrower sh�ll give prompt nodce to the Iruunuke carrier md l,ender.
<br /> t.e�der may m�ke proof of loss lf not made promptly by Borrower.
<br /> Unleu Lender md Borrower dherwite�greo la writing, inaur�nce proceods sh�ll be appliud to nstaruloa or np�ir of thC
<br /> Property dama=ed�if the rcatoration or npdr Is aonomical�y feaaible md I.ender's securiry is not le�unud,If the restoruioa or
<br /> �ir it na ec000mically feasible or L,ender'n aecurity would be lesxnecl, the insuru�ce pr,oceedy stWl be�pplied to the swds
<br /> �ecured by thii Security instiument,whettKr or out tlkn due. with �ny eaoe.0 paid to Bocmwer. !f 8orrower ab�ndons tWe
<br /> Pnope�ty. or doa not answer within 30 days a notice from l.ender thu the iasuc•ar�oc curier hu offered to aettle a c]�im, then
<br /> Laader may oollect the inaurance procxeds. i.ender uuy use the proceeda to repair or rastore the Property or to pay sums
<br /> setwred by this Securiry Instn�meat.whetlkr or not theu dut.The 30-d�y period will beQin when the aotioe ii givea.
<br /> UNaf L,eMer�nd Horruwer otherwise agree in writing, u►y �pplicuion of praoeede to priacipal siul! noe eztrnd ar
<br /> l�ostpone tbe due date of the mou[h1Y MYroeats nferrod to in P�8*�P�.� and 2 or chan�e the unouat of tbe paymeats. If
<br /> under para�caph 21 the Property is acquind by Lpider,Borrower'a right°tb�ay inswanoe policia�nd procbed�rcsultin�fe�m
<br /> ��+8��a�Property prior to the acquisition sh�ll pass to Lencleer to tlue extent of the sums secured by thu Security lnutumeac
<br /> immediately prior to the�cqui�ition.
<br /> 6.Ooerp�r�'.YneswWWo+��A�Wate�nce apd Prot�ctfoa af the Prapn�ty:Borrower'i I.a�ApplipiNori I.ereiold�.
<br /> . Borrowa�tull oocupy.ea�ablia6,and we t6e Property�Borrower'�pdncip�l taidence wlthia tixry day=aAer tbe exaa�tloa of
<br /> . thu Sacudry Instrumait ud sb�ll ooetim�e to occuPY the Property u Bormwer'�princip�l raidence for at k,ut ooe yar at�er
<br /> t6e date of ooc�ocy.unku I.axier atbeiwl�e�roes in w{iting� whicb c�o�arent ahili rat be tmrawo�bly witbbeld,or unku
<br /> eactenuatin� ci�cuanuooa exiu which sre beyoad Bormwer's controL Horrower �hall not dan'uY� dam�e or•imp�ir t6e
<br /> Propaty. �lbw the Proppty to detecionue, a commit waste on ctx
<br /> +rctiaa or �Y. [iorrowa�tWl be in detsult if mX.torkinuo
<br /> p[ooeeditlj.whether c1vU or crimitu�l. �t be6ua th�t in L.endet'a good falth ludltment oould�ilt In f�rfi���rr.nt�ti.. ;
<br /> .3:".+�..���"w`,�cwise uaiaiaiiy imp�ir tbe Iioa cruued by tlut Seoudry iristrument or li,eader't�ea�dry Inta�at. 8on�owet mqr�. ,;
<br /> wn wch�defimlt aod ni�tate�aa provided in pv�raph I8, by cawin��the aaion or prooeedio�oo be dismiaed with a rulle�;. '
<br /> tbat. in I.eoder'i sood h'sth determiauion. Procludes torfeltun of tbe Borrnwa'a intet�at in the Property or ader m�terid
<br /> imp�iza�an of the liea ciated.by. thb Savdry lnurument or Lender':�ecurity inte�tt, aorrower ih�ll ala be iu defiult if
<br /> Borio�ver,durin�tbe loan�pplicatibn pmoe��,Save materlally f�lie or ln�ocurr.e iuform�tion or sutemmts to l,eader(or failed
<br /> to Provide I.ender wit6 a�r m�terial inform�toq)in cvmection with tLe'lo�n evida�cod by the Note,docludinj but uot lianited
<br /> to,repspeautiom • ,.
<br /> couoetoinj Borrowes':occupmcy of the•Pi'nP��Y u a D��P+�e�aidtnoe. If thii Sau�ity�i�on� •
<br /> leareqold. Bornower �ball oomply wlt�h �il We provi�rlons•of tbe Iwa If Borrower aoguira fa dtk to tbe Property� ebe
<br /> Iwehald aod tbe fee dde thall uot ma�e uNa�I.eoder'�groc��to the akr�er in writinQ.• • °� .
<br /> 7.1'w1�fi�p.ot Le�der'a Ri�q 1�tlie h�operty.ItBonvwer faili to paform the cavemots�nd�a 000ained ia �.�.
<br /> WL Secwity Instriimeat. a tbere is a lejtl pxuoeedin�thac may�ignific�ndy�ea I.eader's ri�6p�in die �
<br /> �'P�Y (t11Ch if s �ti�::;
<br /> ;'; P�d1ni i�b�nk�t�Y.P�'��. fa�or forfeit�re or to enforce Vw�or n�ul�tkrm), iben Laada mty do aod '
<br /> �� �: P�Y!or M6Mever is nxeu�ry tn�protect tde vdue of tl�e I+coperty �od l.ender's ri�6a�in tbe�Propeety. L,eader's sctlone mry
<br /> ioclude payiat +nY w� �oc�md by x liea which h+w.pri0rity over this Security Inmumeat. �ppe�ei� in on�a�t. t�Y�t
<br /> iea�oo+bk�ttorneys'tea�od eaiacin�oe the.Propecty W make repairs.Altdou�h Lader mry uke�etion uodet tbif'Wryra�i
<br /> . 7.I.ender doee not have to do�o. •
<br /> AnY amawta dt�buned Dy I.eoder uader thu par�,r�ph 7 sbrll beoome additbn�l debt ot Bocrow�er iecured by tl�L
<br /> Secvrlry lnqrummt. Unfat Borrowu wd Lc�ler�c+ee w vthtr teran of p�yynient� the�e�mounts shall bar iata�at from the
<br /> d�of di�biu�dmait �t the Nae rate�od dWl be pay�blc,ivlth interat. upon notke from La�der to Bocro�rex�.:requntin�
<br /> ➢�Y�•
<br /> ••Mart�a�e Ia�a�ee.If I.ender raryired nwctpge insur+ooe a�a t�odiition of makio�tbe lan iecured by t6i�Security
<br /> Instn�meac� Borrowa ahalt pay ehe prcmium� nequirai to mdnuin tbe mort�e inwranue in eflax. If. for any re�oa. t6e
<br /> mort�e in�uraoa ooverqe requic,ed bY I�nd�r ��+or aau�to be in eftect, Borrow�r shall pry the pe+��ryie� ro
<br /> ob�aln ooverqe�ub�anti,lly equivalent co�he mon�e i�uuru,oe previuwly in rfkcx� �t a oat wbwntidly equiwiat w the
<br /> oo:t to Barmwer of the mortia�e in�uaaoe Previowly in effect. fmm m alteroue nwRp�e in�ura�proved by L�cfar. If
<br /> wba+ntivly equivdent mort�a�e insura�ce coveraQe is not avail�ble,Horrowec�11 pry w L,eada pch mootti a am eqwl w
<br /> ooe-tw�dfW of tt�e Y�Y�ni+�i��Ptsmium bein�p�id by Bocmwer whea tbe insuraooe ooverye I�p�ed or c�eued to
<br /> be in effect.l.erider will acoept�uee aad retain tbae paymonts at a losa reutve in lieu of mon=a=e imuraooe. Lo�s t�e�erve
<br /> ��f1�lE!aiisi.oi ►a�102� �/�0
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