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<br /> � ° . S. H�cd or �ogzr4y Inst�mare. 8ormwu shall kccp thc impno��cm�:ms rta�v et:�tir.,�:ur h�reafter e�ned on the -
<br /> ' Property insured a�ain�1 loss by fire, hazards included within[he tcrm 'extcnded rm•err.�e"arr;:an}�other har.�rd�, including =
<br /> ..' .� .; floctds Qr flaading. for w�hich l.ender rcquires iasurance. 'fhis insumnce shall bY mair.t,;i_�ed in sk�s-�unounts and fi�r the periods =
<br /> . , that Lender requires.The insur,ene2 uirrier proeiding the insurance shall be chusen by Br,:rcnrrr•,�s'.+;:�t to i.ender's approval � _
<br /> `• � �t �. ; whirh st►all rtu16e unreasonably �vithheld. If Borm�ver f�ils to maintain cuverage d:ticriEti:G af°�w:�. Lender may.at l..en�2i s ��.
<br /> , •'' �`', ` oPtian.obtsin rnverage to pratect l.ender's rights in the Properry in nccordanaz with parc�:�a'3. p
<br /> �. �� ° All insuranee polieies and rene�vals shall be accepta6l�to Lender and shall incl�:a scamfc+rd mortgage clause. Leader Q
<br /> ' ' '. �� � shali have th..right to hold the policies ar�d renewals.If Lcndcr rquires.Bnrrow•er,hal!Qrnwti�I�•.�;��a to L.ender all receipts of __
<br /> • paid premiums amf rene�rai rtotices.In the event of loss, Sorron•er sh�ll give prom�:rt�si:r.r.o t�es��4mnCe carrier and Lender. � -
<br /> ` • .' Leatder may make proof oF loss iF nat mzde prompily by Borrotver.
<br /> •a: ,'•� Unless Lender and Eoao�var athemise agre�in.vriang,insumnce prooeeds shal➢b�:a�?,:�'Stu":�testoration or repair of the ,� --
<br /> ���4 Property damaged,if the restoration or repair is eronomicxlly feasiblc and l.ender s sr�auit��is rs�t�.sserc�d.If the rescoration or -
<br /> �:,�.,�+�� repair is aot economically feasible or Lercder's securiry�vonld be i�;sened,the insu�sr�ce p�crecdrt sh�ll6e app9ied to ehe sums -
<br /> � secured t�y� cltis Socurity lnswment, whether or not then dus,with any excess paic�to Bcmrr.yet. If Borrnwer abandons the
<br /> ��.� � Praperty, ar does not answer�vitLin 3�days a notice frnm Lender thQt the insurar.ce ca�riu twg�:+€Te.�ed co senle a claim.then
<br /> - � : ixnder may ooliect the insulance proceeds. Lensier may use the pr�aoe�ds to reQair or r�t�rr�t�ir Properry or to pay sums
<br /> - _:;:..�,.-
<br /> _ -`�. � setumd by this Security Insiiurnent.�sheth�r or not then due.The 30-duy period�vil!be�n v.h�:r.`R�t.uatice is given.
<br /> '� ''���� Unless [.ender and Barrower otherwise agreee in writing.airy application of p.m�:ceris tu g�in:ipal shall not extend or
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<br /> ' pastpone the due date of the monthly payments referred ta in paaugraphs 1 ar�d 2 oT c�c�e tYrt.w_rv�unt of the payments.If
<br />- � under paragraph 21 the Pnaperty is ac:quired by Leader. Bormw.,r's right to any icsurEUS:e p�tici�F•aEr1 procads resuloing fram
<br /> _ � " damage to the Pcoperty prior to the acquisiaon sh�i pass to LeudeT w the extent af ttue sum�serxcTCd'Yy this Sec�rity Inswmeat
<br /> ''` ` immediately prior to the arquisidon.
<br /> 6.Q�rupancy,Pres�vatFon,Maintenaaoe aad L��4tan of the Property;Bmro�'s Lccun Appllcation;I.easeholds.
<br />=_= � . Boitow�r shall oc�cupy.establish.and use the Pmgerty sa 8arr�wer's principat r�id:m:e wi.hin:�i_rR�:�isys atter the execution of
<br />_ ` 'f . this 3e�rity Inswment and shall vantinue to oa�y�a Pra��rar.,� �Homower's p_*irici�f r�i�:t,ct� for at lea��t one year aRer
<br /> _. - - the date of occupartcy.tuiless Lender otherwise as�e�in�vriring, �vhich oons�cst shaIl r►r�t hr:tuu�aacYizably withheld,ar unless
<br /> ;_•E.-�.- extenuating circumstanoes exist which are bcyo�3 Sorrower's control. Sorrovrr,� sts3ll {ict ciccitoy. damage or impair the
<br /> -„�.�,:� Property. allow the Pinperty to det�riorate,or�:mmit waste on the Property. Bozrotitirr a9tati:ba:in dzfa��ft if any forfeiture
<br /> �;'-;,,j; � action or proee�ding,�vhettcer civil ar rrimit�l,is begun that in Lender's go¢d f�ith j�a��a6 ctnal3 result in forfeiture of the
<br /> �: Property or otheraise materially i�w t3ie lien c�eatec!by this Seauiiy Instruir.ent os Lenrles's sx�vity interest. Borrowet may
<br />�-n=�n:-� - cune such a default and reinstate,zs�mvi�ed in�.a�ph 1�.by caasing tfie actio�oi p.rnce�ir{�Lo be dismissed with a niling
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<br />-��;-. that, in i�ender s gvod faith detennination. pt�u�es fotfeitu�e of the Borrovsrer's in�::z�3 in.tFt�Progerty or other material
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<br /> •T impairment of the lien cieated by this Secwity P�-hum�nt or Lender's s�auity ir�r•:rcrot. Bcarm��,r shal!also be in dafault if
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<br /> r„,�,�="�'� Borrower.during the loan appliratiui psvoess,gave mzterialiy false or inaccu�infammban+X6,€t�tencents W Lender(or failed
<br /> __.� �'�= to provi�.LeMe��vith any materi.:.irrffarmation) in conn�ction with tt�e loan ev::r.nsed hry 2t�r�'trr:s,incIading,but noi limited
<br /> --°-``'� to,r�epr�eatations oonceming Barro�ve:'s occupsucy of thE Pro}�rty as a Qrincnpal r�i��rer'se:..lf:dds Securiry Inswmsm is on a
<br /> °-�°"Vw�� le3sehold. Borrower shall comply with all th�r�-r: :sions of the lease. If So�ro���ec �r.c�r.i�c��fan ade to the Prop�rty, the
<br /> -�;_.y����� lease�old and the fee dtte shall not m:rge unless G�.�c�agnees to the mergcr in ti�ritinC.
<br /> - 7.ProtecHon oi Leader's Rfght�in the Prt:,�t�_�.f��.;sr.��+er fails to pesfo�n�ir....cr.r,r,.��agd ageements wntaiaed in
<br /> - this Security Inswment. or there is a i��l proa°e�ia�ws:»:�:; significantly�a€lect Lstad:t's�iglr's in the Property(such ag a
<br /> _-�� prooeeding in banktupuy,pmbzt3,far�a��r.-�en or forfeiture or to enfozx la•r�:*�rr�ilµ�ion3),then Lender may do and
<br /> � '�''��"�a pay for whatever is necessary to prari���:�::.e�•.�',o�•�:�:f the Property and IPndac's r3gt�'s in ti:Ptopsrty. Lender's actions may
<br /> '=-r-.":'.°� inciude paying any sutns secured �3� � L�.�;:.��_ has priority over th'c.3 Srsw-it} L�,suu:neni, app°.aring in court. Paying
<br /> —_ _ reawnable sitomeys'fees and ea:.:�ir.�;�:m the Pc;�rty to make repairs.Alt'.u��s�,Ji Lsr.�d�mu:take astion under this paragraph
<br /> 7.Lender does not have to do so.
<br /> Aay amounts disbursed by Lend� under thls parngraph 7 shal� ts�.co-�e artr3L�,-ior.,�i dt�:c of Borrower secnre� t�+ �is
<br /> Security Instrvment.Unless Borro�ver and l.end2�agee to other temss o£�saycrwr�t;tn�se amoums shall bear interest frcex the
<br /> date of disbnrsement at th�Note mte and shall ha payable. with intcr�t,u�n:��r.at.ioe from Lensier to Borrower requesting
<br /> payment. -
<br /> 8.A4ortgage Insuranoe.If Lcnrdei requirod mortgage insur�ce as a oo:sd:uut�of maki=.g tlt.laan secured by�hi�S�s��tiry
<br /> == Instrument, Borrower shall pay the premiums require�to main�in the mIIngpg�: insur^4cr.e in effect. If, for any r�,aa� the
<br /> ----------_--- moagage insurance ooverage re,quirod by Lende:1a�s�ar ceases to be in efPrct.Borrower sh�l p3y the premiums rc�uired to
<br /> obtain ooverage substan:ially equivaleat to th�m�*�ag�i�urance pr��riawdy in effect,at a cost substsnsialll:equivalea�t to the '•
<br /> _= oost w Borrower of the mortgagz insumnce pteviously in effect, fro:rn an �l�tnate mortga;e iruurer a�oved by Lender.If
<br /> ___ substantially equi+alent mortgase insuran�e wve�ge is aot avxilable. BsPrrn,e�shal!pay to LensleT each mont�a sum�+sal to
<br /> �°"'-�""�' one-twelfth of the yearly mortgag�:insum�sse premium being p�d by B�:rr�atc�*fhen the insumnse ooverage lapsed or��to
<br /> - -__=�� be in effect. Lender will accepi,use ar�]retain t�c:�¢payments as a lo�s r�cn•e in lieu of man�g:. insurance. Loss reserve
<br /> — - — ' Form 3�28 919fl
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