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<br /> ', ' S•�sua� or �mpea4y Io3vrease. 8orcower shall tce2p tb�e improvemenu aovr exis•ang or hen.after erected on the ;_
<br /> • Brop�ty insuY+ed a�ainst loss by frue,hazards included within the term 'extended corerage"aad aay other haaards, inciuding _-
<br /> � Aao�s or iloc�ing,for wlush Lea�er cequires iasurance. '1liis iasua�ace sGall be maintaiaed in the amouau and for the geriads j
<br /> • thaz Ixader reqnires. 7�s insuran�e carrier pmviding the insuranc�sh�U b�chos�n by Borrower subj�ct w Lsnder's approval -_
<br /> . � � which shall aot be nnreason�bly withheld. If Barrower fails to maintain caverage described above. I�der may, at Lender's _�
<br /> , � " . optioa.abtava coverage co pmtecc Ixader's rights ia the Froperty in accordaaa�with paragraPh 7. �._
<br /> pll irtsuaa�ce golicies and reaeqvals shall bs acoq�table to Lecder an� shall inslude a staadard mortgage claus�. Leader =
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<br /> shall dave the rip,ht m hold the galicies and reaewals.If Leader requlr�s,Borro�ver shall promptly give to t�nder all�eceipts of
<br /> � � paid premit�ms aad renewal noaces.In r����u�f toss,Borrorrer shall give pmmpt noace to the inaurance carrier and Lender.
<br /> ' � ` Lender raay make pmaf of loss if not made promptly by Borrower. •
<br />- -� �.��': Unl�s Lxa��z and Bormwer otherwise ag�e in writing,inc��rance pm�ds shall be applied io[esLfltatioA or tegair of ihe _
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<br /> �w.��.� ptoperty dama�Pd,if the restoration or repair is�onomically feasible and Lender's security is not less�d.If the nestoration or _
<br /> cepair is aot ecoaomically feasi'ble or Lender's security vronld be lesseaed.the insurance procceds shall be applied to the sums ,
<br /> sec�red by this Serurity Insttum�nt,whether or aot then due,wi�h any cxcz�s Paid to Borrower. If Eorrower aban�ons[he ��:�
<br /> • Progecty+.or daes not answar witbin 30 days a aotioe from L en d er that the inswance cazrieu�haa offered to settle a claim.t1�n :-
<br /> � . l.eu�er m3y callea the insuraace prareeds. Lend�may nse the pmceeds to reg3ir or reswte the Propeny or co p2y sums
<br /> � � secured by this Security Iasnument,w�s t her or aot t han d ue.7�e 3 0 d a y p r r F a d r v i l l b e g i a w�e a t h e n o t i ce i s g i v e n. �=
<br /> ' '� h c�i£a n o f r a�e e d s w prin s i p a l sh�]I aot extend or -
<br /> .: U n tess l x n der a a d B a r t o w¢r o t�e i w i s e a g r e z i n w r i t i n g, a n l'a P P� P =
<br /> ' ' " postpoae the due date of the mo�at�!y �ayments r�`ferced to in paraBraPhs 1 and 2 ar change the amouai of t�e paym�nu. If --
<br /> - -:��, u a d�z�a r a g'�h 2 1 i h e P r 1�..m;:��-i i e d t y ��er,&±r!�c+wPr's ri g ht to any insurance nolicies aad proc�ds resulting fmm _
<br /> �,��, " damage to the Property priar to r,..=�:ns:��sitioa sbaI]pass w L�ee�°L ro the eatent of the stuas secu�ed by Wis SecuritY Ins�nt
<br /> •. •`..�� �� immedisuely prior to the acquisit�..
<br /> • , 6. 4xnPan�9+ �erva"� �aAS�.x-�� end A+nter�ion of t�: Property: Bormwer's Laan Apl;r�tirnz:.
<br /> • I.easeht�lds.Barro�ver shall occ�;_�lish,w��use the Property as BomJ�s principal resIdeace witjria sixty days af:��i=�
<br /> _. --- . eaecut�e�of tbis Securlty in�+,,,r�.�:�;s�all oo�inue to occupy the Propex�y��Soaower's priIICipal n�idzace for at l�n cs�..�
<br /> �"` j�•.. year aft�z u;e date of ocrupanry. �f�:.eader oriierarise agrzes in writing,which aonseni:�ail not bE uareasoaably c+e��etd,
<br /> . , � t or uIII�n.ztenuating circunostares�s�which are beyond$oirower's wntral.Borrower ssall not desuoy.dama�e v-'r,�pair
<br /> . .. the Property,allow the Praperry to::�:r.orate,�commit waste on the Property. Bo:rower sha11 be m default if aay�:r�'n>:ure
<br /> -_- -- = a.ctian ar prncceding,ahether civi7 or crlmiaal,t:�begun that in I.ender's good faith judgment could�esult in forfeiture af the
<br /> .". . : � Prap:tr;or otl�etwise maierially impair the lien created by this Securit3+Insuument or Lender's secariry interist.Bormwer may
<br /> - .: cuie srv�a default and teinstate. �s�rovided in paragcaph 18.by causing the action or praceeding to be disatissed wi�.c�s:tiug —
<br /> •�-'�;�°'`••'-~ that,is L.ender's good faith de'.�nsiisauon. PrecIudes forfeiture of tlt$Borrocver's interest in the Praperty ar otttet tm:�erial
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<br /> :�'�.•;} •:;� ' impairment of the 1��created�;�'.'r.is Security Inst�ent or I.ender's security interest. Borrower shall also be in c:iault if
<br /> '�..`r. . . .• Borrower,durin$t6e`_�an appliqrioa process,gave muterially falseor inr.�r.e^�e information or state�:��s to Lender(or failtd
<br /> .�.1��y�,,r,: �, w pmvide l,ender�i�aay ma•.e.-?�l informarinn)in conaection with thE I�.;�E�;:deaced by the Note,i��a3ing.bIIt RDI IIID12EQ
<br /> .,;vs�,��::.- � w,re�cr�zntations c�cemintl 1�...-�ver's eccupaaty of the Proparty�a rti��;_al resider.se.If this Securiry insuument is on n
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<br /> _�,,";�"���'�'c- lea�n3i�, Barrower shall a�t« �►?th all the provisions of tuz<..:�.. � iwrrower ���c.ires fee tide to the Property, e
<br /> �;:�la:��;ayj� l��ifl and the fe•r�!e shaU z�r.4..arge unIIess I.ensier agxr�s:a :�e�-zr.'�writing.
<br /> -_=_=j w=`�: 7.Protectiton�'"Z eader's R1gh�in t�az LSropert3'.If Borroc�:r!'rz:;`==�fotm the covenants a^��,��naats contain�in
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<br /> ,_.. .�,` this Securiry Insuument. or the�is a legul pr�s�aed3ng that may signi�i:s�:�:.�affect I.ender's rights's.:,r��ProPerty( as a
<br /> ,�.;;;+' �a. pPOCeedin8 in bankruptcy, Pmb��.�oz co�demnation or forfei�W-a or eo enforce laws or regulations),t9ie�n LeadeY coz.:;do awfl
<br /> �_;,�,.v�,;yi�,r:#r pay for whatever is necess�ry to�cviect t�a vaIue of ths Pro�;j an3 Lender's rights in the Property. Lender'a axi�s may
<br /> ..�,��E• p p in court. PaY�g
<br /> �.- iaclude aying aay sums ser�red by a li�sn which 6as riar.r; over t�is Securiry InstNment, ap�rin$
<br /> �:;r�,-�','--�'-"" ' reasonabie attomtys'fees and eatering an t�e Property to make repaiss.N1,9r,�:g,2�I.ender may take a�icm under this paragraph
<br /> --__--� 7,Lender does not bnve to do so.
<br /> ---__= -- Any am4nnts disbu:sed by Ln_nder wtder this paraSraF� � ��.:1 C�s addities.si, �ebt of Saaower secured by this
<br /> - _= Security Instniment. Unless Bo �y.+�end Leader agree to ouer�:r^.._.s a r rayment.th�:�.aunts sha11 bear interest fzom the
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<br /> date of disbvusement at ths Note cate and shall bc payable,G-s.�i=2�;�r Jpon notice f�m Lender to Boaower c�qucsting
<br /> �.��:�_� PaS�t.
<br /> 8.Moitgage insv�nce.If LenAter r�quired moagage*n�+�*�ce as a a:.ndition of maYing the loz.^,.sa,tircd by this Secwity
<br /> �-�s,.� Insmur�ru3. Borrower sha11 Qay t�e pr,:mium3 required to c.�'v-�.}:ain the ir:ortgage insurance in effect. If. for any reason, the
<br /> __.�__.�.�� mort�r�e insurance covtzage re�uiir�9y l�nder lapses or o�.:�to�ln effect, Borrower shall pay the premi�ms rn.�uirod to
<br /> ��,,,;;,_�_��� ohtain cuverage substantiully equivalent tA the mortgage'u'�ua�ae pieviously in eHect.at a cost substantially equi��.'e=s to the
<br /> cast to Bor�wer of the mortgage i;,�vetnce prevIously in effec+t.from at+ alternate mortgage ir�sures z�proved by Leader. If
<br /> � �'�w� subsrantialt valcat mort age in�vrance wverage is aot available. Barrrs�ver shall pay to Leuder car.ir month a su�equal ta
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<br /> ....y_'�>�,,,'�.',..' one•twelfth of the yearly xnott��e i�urutce premium being Daid bY�oao-�;er when the insuranr,e oa-r��e tnpseA oT ceased to
<br /> - � ' be in effe�t. Lender wiB accent. ut��nd retain these paymEnts as a loss resen+e in lieu ef �nortgage ivsurance. Loss reserve
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