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..:ST'r'3��11i':?::>nw5a,e... ......�...._ - .•_•_----`�—�-------------- — <br /> . <br /> S. �i�ed a propaty Ipqu�nce• Borrower�hsill keep the improvement� now exi�ting ot"II�Feafceril��M� o�.� <br /> propercy iasured ag�inat losa by flro. h�zuda included wEthin the term 'aataMed coveragc" u�d iu►y other huud�, includin� <br /> floods ar tloodin�, for whtch Leader requira�insurana. This in�ur�ncs ehdl be m�inuuned!n the amounu and for the pedads <br /> th�t I.ender require�. Tbe inwrana c,�rtier providins the ituuruxe�h�ll be chosen by Borrower wbJxt to Lender'i �pprov�l <br /> which�htll aot be unn�uorubly wlthheld. If Borrowa fulr to maiatain coverage de�cribed �bove, Lertder miy, at l.ee�der's <br /> optioa,obtain covera�e to protect Lender'�righti in tbe Properry in�ccordu�cr with parx�r�ph 7. <br /> Al[ insuru�oe policies uxf reaewds�hxll be acaptable to L.ender md sh�l in�lude �stAnduil mort��e cl�ueo. L.ender <br /> sh�ll have tLe d�ht to hold the policles u�d renew�ts.If Lender requira,Borrower�hall promptly�ive to C,ender all roxipu of <br /> paid premiums and reaewal notices.ln the event of ln», ��wer eh�ll give prompt notice to the insuru�ce earcier u►d Lender. <br /> Leackr mty malce praof of lous if aot made proa�ptly by Borruwer. <br /> Unlqs l.ender and Borrower othenviK�rce Ln writing, uwrur.e pmceedi aha11 be applied to cator�tioa or np�ir of the <br /> pmpecty dawsed,If the ratoruioa or rep�tr i�ecoaamically fwible�nd Lender'�socurity i�not leuenod.If the ratoretion or <br /> repair ia aot economically fwible or l,ender'�iecurity would be leasenod,the inaurance pcooeeds ah�ll be Rpplied ro the sums � <br /> �aured by thia Socurlty Instrumeat. whether or not thetx due, with u►y exaas p�td to Borrower. If Horrower �butdons tbe <br /> propaty� or doa aot answet wlthln 30 d�ys �notice from l.ender ttut d�e ineuruxx cucier haa offerod to aettle a claim. tden <br /> Lender miy collect tLe iiuurana proceed�. Leader may we We proceeds w repur or restore th� Property or to pry � <br /> secured by tt►ia Secudry Insuuaian�whether or not thai due.The 30-day period will begia when tLe aoticx is giv�n. <br /> Unla+� I.a�der aod Borrawer othecwlse igree ia writin8. aaY application of procoecls to priocip�l shdl not extend�r <br /> poscpone the due date of the awnthly payma►ts referred to in paregr�phs 1 and 2 or ctunge the unount of the p�ymats.If under <br /> . pu�aph 21 the Propaty ii acquitred by L,ender, Borrowu's right to wy iaturanoc policiea u�d proceedi raulting from <br /> . d�av�a to the Pmperty prior w tUe acquiifeion�b�ll pus to L,eada to the exteut of the sums ucured by tLii 5ecudty I�utrumeat <br /> immodiattly prior co the�cquisition. <br /> f.�0[II�IICr►�1R�011���l�C!�1�p['O�EC�jlIY 0��E pt'O�yi BOt'['dN!!�9 T.O�O���i1�00�l.q/ljl0�i. <br /> gonrower shall oc:cupY,establiat�,wd we the Prop�rty As Borrower'a principtd ra�ldence within aixty days�fte,r the aca�tion of <br /> this Security Iauruanent qtld rhall continu�ta oaupy che Property as Bormwer'a principal residence for�t lwt aac year after <br /> tbe d�te of oocupaacy, unlr.ts I.enAar ahe�rviu agrea in Mciting, which consent�ull not be uareuoaably withbeld. or uales� <br /> exteau�tia� circumstanoes exiat which ue bryoad Borrower'a conteol. Bomnwer ahall not datroy, d�ma�e or impair the <br /> Propaty;�llow the Property to deterior�te� or oommtt w�qe oa the Propecty. AorroMer ihsll be in default if�ny forfelwrs <br /> action ar prooeedicq�w6ether civll or crinun�l� is be�m tlut in I.ender'�good fiiith jodgment could nault ia forfeiture ot tbe <br /> ' propaty or othaw�l�e m�terially Lopair the lien creued by this Security Intuumrat or I.cuder's�ecurlry interat. Borrower may <br /> . wre arch i def�ult�nd reinuate,n pmvided in parasr�ph 18.bY cau+ing the�ction or pc+ooeeding to be di�miued Mith a rnlias <br /> that. ia l�adet'� �ood hith detamiauion, Proclwia forfeiturt of the Hocrower'� inta+eu in the Property or ot6er mataial <br /> iuupainii�iii ut iuc Ilcu ,ri'.+«� b'j Slt9:�.�'3t� Ir�^:�t eS�ind'r'�e�ecurity intenest. Botrn�rer fhall al�o be iil dCfault if <br /> Borro��er,during tbe lan applic�tbn prooess�Bave muerially felee or inacau�te info�ation or uuemeott to I.eader(or fifled <br /> W provide Laidet�vjth my mateti�l informstioa)in oonnxtion wlth the lo�m eYida�oed b'Y the Note,i�ludin��but aot limited <br /> to,repre�tatio�conaxnin�Bamwer's oocupancY of t6a Property�s a princip�l raideaa.If this Secur:fy in�ttumeat is on � <br /> la�oW„�Bormrver �hall mmply vvith tll thc provl�ioas of the leuc, ii�orrowa aoquioea fee tide ta t6e Property, tt�o <br /> le�olc��pd tbe ta tide�li not merje unla�Ixader a�roea to the merger in writin�. <br /> 7.•�P't+oEectbe ot I.esdec's lti�hb i�the Yn�pet�.If Bc�rrower Fiil�to petfo�m the oovwms aod a�teementt 000tained in <br /> : t6i�Securiry Imttuaoa�t, or then u a leW Proceedioa thx maY�i6ni�c�ttY�ct I.eader'�rij6ts in 14e Prope�tY (aw�r � <br /> ptnoeedinj ia b�ntn�tcy. prob�te� for oondemaatiou or fockiture or w enforce lawn or n�uladons).tba►'I�uder mry do�od <br /> pn, ���r�r i�neoeWUy W pc�otect the vdue ot tbe Propaty md I.sader's dahhta in the Pmperty. L,t�oder'a aetioo�m� <br /> �oclude pyin� any wau �ecured bY a lien whkk�ha priority ova t6is Securiry Imtn�meot� appe�riva in ao�t. Pt�'i�n1 <br /> Rcuoo�bk�ornay��feet�ud aMa'ini on the Propacy co m�lce mpaics.Altho�h I.eader mty t�ke action unda l6it p�ra{r�ph <br /> 7.L,mder cba not have to do w, <br /> My unount� d�� bY L.a�der w�der this pata�raph 7 �6a11 beornne additional doM of Borc�ow►a seaized by thi� <br /> . Socurity ln�crumau. UNe�Homower�ad I�der �roe W other terms of puyment� thae�mouna rball bear intaat trom tbe <br /> , d�te of�t �d,the Note r�te aod �lull be pay�bte, �vith intaat. upon uotke from l.eader to'Hotroaer req� <br /> P�Y�• . . <br /> a.Maetpte Jxa�vuasee. If Irender nquired matgage imur�noe as a oondition of mvcing tbe lo�a ixure�by this 5ecvrity <br /> ' �, ��w�„�'�y� .,,,...,iu� .���p .n.iM�ie�]hprtB�C IIWII1110C�Il E�OGt. 1'�� fOf iR� DOYOD��E <br /> r�•,•... Bo�w�er�hall pay the pnmiumt tequired ta <br /> maitpte iaua�na�co�+requirod bY L,eader lap�es or oaue�co bo in effea, <br /> obadn covaa�e a�tW�Y oquivakat to tLe mory�e imur�noe pteviously in elfect.at a caa wbuaatially equivalmt a t6e <br /> oac to Bort�crver of the mort�c ioa�c�toe pc+e+�iowly in effcxt, ttom�m tltun�te mortpge inwrer �ps►rored bY I.es�da. lf <br /> wb�t�ut3�Uy equivi�knt mat�e inwrrma cova�e is aot av�ilable�Hocrmver�ha11 pay w L,enba a�ch a�ooth a am equ�l to <br /> aoe-hveitth of tbe yeurly mocti+�e inwrmce Pcemi�►bd°6 W�bY�'�'a whea the in�uraooe a►ver�l�p�e�oc aea�ed to <br /> be in clYect.L�ender wrill aaept�we�od rdaiu these paymeats� a lou rcaave in lieu of mort�aRe inwraooe. Y�aa re�erve <br /> For��o I_ <br /> ��N�II'E)1�2121.01 hy��d� //�12�,G <br /> M�fj�G.��. <br />