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<br /> . � 98- ��
<br /> �, w�rd or pro�erty luwr�na. Borrower ah�11 �ap tha impcovemenu now existinQ or her+eaRer eroctod on the
<br /> property irteuned egafnit lo�s by flre, hez�rda included within the tertn "easended covera�o" wxl u►y oth�r huuds, including
<br /> dood�or fioodin{, fa which l.esder requic+ca inaur�nce.This inaur�aa ih�ll be m�lntairbd in the amounta a�nd for the perio�
<br /> thu L.ender roquirea.The inaur�r�cs carriet providing the Insur�nce ah�ll be chosen by Borrower subject to Lender's approv�l
<br /> w6ich shall tat be unreae"nably withhdd. If Barrower falls to maintun cover�ge deacribed above. l.ender mxy, at L.cnder's
<br /> option,obt�in coverage to pratect Lender's eights in the Property in�cwrdance with pu�graph 7,
<br /> All insurance policia ar�d renewals sh�ll be�table to Lrnder�nd sh�ll include�a[�ndud mortg�ge clwse. Lrnder
<br /> shall have the right to hold she policiea and renewals. If Lender requires,Borrownr sh�ll promptly give to I.ender all teceipts of
<br /> p�id premiums uid ra�ewL not{ces.In the evrnt of lou,Borrower et►all give prompt notia to the insurmce carrier and I.ender.
<br /> Lender maty malce proof of loss if nat made prompdy by Borrower.
<br /> Llnless L�ender u�d Borrower otherwise agree in wdtin�,inaunu�cc proceed: sh�ll be applied to restoruion or repair of the
<br /> Froperty dacnaged, if the re�totttion or rep�ir is economically feuible u►d I.e�xkr's xcudry is not lessened.If the raroruion or
<br /> repair is not economically feasibk or Lender's security would be le�ened,tlu insurmoe procxed: sh�ll be�pplied to the suau
<br /> securod by this Securiry lastcucne►u, whether or not thm due, wlth aay exau paid to Borrower. If Borrawer�b�odaru the
<br /> pmpecty, or doa na amwer wichia 30 days a notice from l,ender th�t the inwraoa carrler du ofterod to�atle�cldm,ttbn
<br /> Lender auy collxt the iruwu►ce pcocada. I.ender m�y we the pn�ceeds to rep�ir or ratore the Property or w p�y wna
<br /> secured 6y tbi�Secudty Uutrumet�t,whether or not thee due.The 30-day perbad will be�in whea tbe notloe i�jivan,
<br /> Unlas I.ender uxl dorrower otherwi�e qra in wrieint, �r►Y �pplicadon of prc�oeedt to princip�J �hal) not txtend or
<br /> poupope tbe due date ot the taonthly paymenu refercal to in p�rKnipiu 1 md 2 or ch�n�e tbe t�nwuat of the p�ymenu. It
<br /> under pan�r�ph 21 tbe Propecty is�cquired by La�der.Borrower'�rf�ht to ony inwru�oa poUcla and proceed�t re�ultin{fmm
<br /> diun�y{e to the Property prlor to the�cquleitton eball p�ae to lxnder ro the extau oi the wm��ecured by thl�Secutity lmtrument
<br /> immediately prior to ihe uquidtion.
<br /> i.Oa�acy, Pr'enr�stloa,Maistea�nce fad Protecdo�of tbe P�ropa'tr: Dorr+nwer's l.ows Appdcatk+�:iwwMoldr.
<br /> Borrower�h�ll oocupy. euabliah,�ad uee the Property�Borrower's pdnclpd rcsidence within�ixty days atter tde acecudon of
<br /> tbi� Secudry Inmument ad �hdl coatiaue sa occupy the Propaty u Burrow�er's princip�t raideace for u laut oae year atler
<br /> the date of oaup�ncy. uales+L.ender otherwise agroa ia writing. w6ich cotsknt shall not be unre�uon�bly wlthheld,or unleu
<br /> exteawtio� cimim�ta�ca exi�t which are beyoad Borrower'� ooatrol. Bortower �ll na de+troY, daau6� a im�pai� Ihe
<br /> Propaty. �llow�Property w deteriorue� or oommit w�te ou tbe Pt+oQerry, Botrower �ball be in default if my forfeitute
<br /> actioa or prcxeedin�,whaher clvil or crirainal. is begun that in I.,a�der's�ood faith judament oouid rault in forfdture o[tbe
<br /> Prope�ty or otLerwi�e mueriuly impair the liea creued by thi�Security Inununtnt w[.ender'��ecudry interat.Borm�va m�y
<br /> cuee arc�a default aad reiasute.�u provided in pxratraph 18,bY cawin� tbe�ccion a proceedin�to be dismissed wic6 a rulioj
<br /> �� � �.r�= � ��rh AH�rminatien, »recludes forfeiture of the Botrower'a intereu in tbe Pm{►erty or othar m�teria
<br /> impairnunt of the lien sreated by thi� Sacurity Inscnuneat or I.ender'� aecudry intereat, Borrawec th�ll �I�o be in default if
<br /> Hornower,durin�tbe lo�a applkuion proceas.6ave rn�terially f�lye or lnsxur+te infommtian or uatemaiq to I.eackr(or failed
<br /> w provide l�eader with�ny uuterial infarmation)in ooanection wit6 the Iwn evidezrced by Wo Note.fncladioj.but na limited
<br /> w,rePraentatiani coocemia�Borrower's c�upancy of tLe Propetty�u a principal raWeace. If ihia Savricy Inucumeat is oa a
<br /> lppd�old. Bormwer �ll oomply with �11 the.provisions of tde Iwe. If Borro�ver �cquira fee ddn fo tbe Properry, tbe
<br /> lwdiold�od tbe fee tide ihall not mer�e unlas L�eader qrea w the merEa in wricia�.
<br /> 7.Yrdectlo� of I.oder'i R1�6b ia t6e h�opaty.If Bo�rower fuls to pafocm the coveauus�od�reemeats 000tained ia
<br /> thii Secwity In�wment,or tbene i�a lea�l pcooeedina that uuy :ip►iticantly rffax Lendex't rij4ts in tht Prone�ty(ach n a
<br /> ptnoeedin�in bwkruptcy,Frobatt, for condemnntion or forfettu[c or to enYorce Itrvs or rejulatioas)�the�i l.eoder tdY do�d
<br /> p�y for�v6ueva ia naoatary to p[otat the v�lue of tbe Prope�ty wd I.ender's ri�Ata in the Ptopaty. i�eader's actioor mry
<br /> include payin� my suaa aecured by a lien wWch he� priority over tbi� Secwrity Ia�t�. appeufn� 1n oou�t� WYmt .
<br /> ,�uonawe,ccotoey,�fea wd enterin�aa the PropectY to mwke rep�in.wi�i.a�aa m.y�.c�oo una�r mtr par.�r.p�
<br /> 7,L.eaaer aoea uoc nnve to ao so.
<br /> Mp uno�mts disbursod by Lrndec under thi� F+uaBr�p!► 7 �hall babme addition�l debt of Barrower reCU�ed by this
<br /> Security lo�tnuaac.Unkas Borrower and L.ender�ree to ahcr taaa of p�ymeat,ihae mnouats s6�11.be�r Lste�t fran t6e
<br /> due o!di�burument u the Note rAte end atWl be pay�ble, with interest. uQon notice from L�endec co Bocmw�r tal��f
<br /> WYment.
<br /> S.Mort�e Lear�sce.If Lender requited m�rtg+�e inturance as a oondition of mticing the lom iecured by thit Securiry
<br /> Luw�aau, Bornower ah�ll pry the premiums required to :iWntaia the mortg�ge insurma in ef6ect..If. for+nY reaton, the
<br /> •. moct�e inturwx coverige required by Lendet lipsa or aa:es to be in efta;t. Borrower sball pRy,�the pcemium�roquired to .
<br /> oMain cover�ge subatantWly equivnlGnt to the mortgage insuru�ce previoualy in effect. at�cost subetmtially equiv�leat w tbe
<br /> oost [o Bocrowa of the mortgage lasuranrc previously in effect. from an alternue mortg�ge insunr�pproved by i.eader. If
<br /> wbsunci�lly equivaknc mong�ge insur�nce cov�roge is not�voilable, Borrower shall pay to Lmder tnch moatb a sum equal to
<br /> one-trvel(th of tl►e yarly mortgage insurance prGmium being p�id by Borrower wben the insurance eovera�e l�p�ed a ce�ed to
<br /> be in eftxt.l,ead�r will occept.use and ntain these payments�s a lo�s raerve in lieu of mort��ge insur+u�cx. Las reie�ve
<br /> Monn s1�0
<br /> ��N11NE)�s�tr.o� rp�a a t
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