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<br /> ._.. . R�.������ngg� ����� � g�,� �����
<br /> ,. . ._ � ' •� g. kaazac�i ur �riv�ru�+ flru�-nra.'�:�: Barsaues �h�!! kerp !he isnprevem?ntg n�w sxiaNng or'hereaftcr erected on d�e _��_ , .
<br /> progerty inaured agc�lnat loss by 4ire. hn7arda ii►cluded withia tho term "extended coverugo' and any other haz�uds. includiag � �,,
<br /> ' flood's or tlood(ng. for wNch Lender requires inaumnce•Tttia tnsumnce ehnll be mnlntained in the amounte nnd for the perlods
<br /> that Lesider requirea.The lasurnnce cfUrler provldlnII the insurance sball be chosen by BArrowee subject to Lender's approvF►1 ,
<br /> . ° which ah�ll not be unrensonubly withheid. If Borrower faila to muiaWln covemgo described ubave, l.ender muy,ut i.ender's
<br /> option,obt�in coveraBe ta protect Lender's rights la the Property in Accordnace wlth pnrograph 7. '�
<br /> /'.Il insurance policles a�td renewels sba11 �c srrcpttibte to Lcnder uad shitll inslude a atandard mortguge cluuse. Lender .`�
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<br /> ' �- shatl huve the rlght to hold the polictes and rertewais.If Lender requires.Borrower ahall promptly giv¢to Lender nll mceipta of -.,��-_
<br /> ' ��~--�f paid prcn►iuins and renewul Aotices.In the eveat of loss.Borrower shall aive prompt notice to the insurance carrler and Lender.
<br /> •• � Lender may make praof of loss If not made promptly by Bonrower. ,;,_��
<br /> � ' UNess L.eader and Bosower othenvise agreo in wdtlna.fnaurance Proceeda shull be applIed to restoratioa or repair of the -
<br /> „ pcopetcy damaged�it tke restoratlon or repalr is eooaoraically feasible t�ad Lender's serurlty ia aot lessened.IP the re�toration or
<br /> repair is not econos�lcaily feasible or Lcadcr's securlty v�ould be lessenod,the insurance pmceeds shatl be aPPlied to tl►e suma —_-
<br /> secured by tbls Security Iasuument, whettter or not then due, with nny eacess pa�d to Eorrower. If Borrower ab�ndons the
<br /> ' Property.or does not answer within 30 days a notl.:e from Lender thnt the insurance carrier has offered to setde a c1aGn. than _-_
<br /> Lender may collect the Inaurance proceeds. L.ender may use tbe pmceeds to repair or restore the Property or to pay suma _.
<br /> �� secured by this Secudty Iqsuvment,whether or aot then due.The 30-day period will begin when tha aotIce is given. � -
<br /> Unless Lender and Borrower othetwise agree in writiag. auy apPitcatton of proceeda to principal shall not eatend or —
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<br /> _ ,;��s�;,i+ lx�atpone the�cs daus of the moatWy paymencs refemed to in paragraphs 1 and 2 or chaaIIe the amount of the paymente. (t �__
<br /> ,��,, under parngtapb 23 the Property is acqult+�d by Lender,Bormwer's ri�t to any insutante 1salictes anti Fmceeds restdting from ----
<br /> ' . •'i�hP darnage to the Property prior to ahe acqutaition sha11 pasa to Lender to tlte e�2��t of the sums cecured by tWs Securiry Iastcument
<br /> � ;,; immediately prinr to the acquitt3�ion. F
<br /> ;1f„�;. 6.Occupancy,PreservatQou.Ms►intenance and P�+atcxtion of the Pi�ope�tyi�rsmwer'a Loan AppU�tion;I.ease�olds.
<br /> , ,��«,;.,. • s after the excastion of ��:._
<br /> . . .;i,.� Bon+ower shall accupy.esteblish.aad usa t�e�toperty as Borrower s grin�ipal residenoe wlthia aixey day
<br /> '����:% thi8 g¢��ulry insuument aad shalt oontlnue to occupy the Property as�orrower's principai residence for at least one year aRec � —
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<br /> the date of occupancy.u n less l xn der a t he r w i s e a g r ce s i a w r t t i n g.w h f c Y s c a n s o n t s h a l i n o t b e u a r e a.g o n a b l y w ithheld�or ualess
<br /> „ ` extenuating circumataaces e�ist whfch are beyond I3orrawer's control. Borruwer Shail not desuoy, deme�e oT impair the Y
<br /> property� aUow the Prop�rty to deteriorate,or cammit waste on the Propercy. BurroweY ahaU be in default iff Any forfeiture
<br /> `' aetion or pmceeding,whether eivU or crlminal.is be8un that ia L+ender's good faith judgment could result in forfeinue of the
<br /> . ,, pt�eperty or othenvlso matei�ially ImAsir the tien created by this 5ecurity Qnsuum'-nt or Leader's securlty Interest.Borrower may
<br /> cure sueb�a defaut[eud eeinstau.as Providcd iu paic�i�3i Ib.!sy c�3ssS t!��tt Qr gr�!'re.�linE to be dismissed wiW tt tulinB , _
<br /> •� .•� Wat. in I.ender's good f�th determinatton,grecludes �aYfeituc+e of the Borrower's iflterest in the Property or other rrcatertal _
<br /> "'`•- . iqipaircaent of the lien created by thls Sec+uity InRtcumant or Len der's sec u r try i nteres t. 8 o r r o w e r s h e i l a l s o b e i n d e f a u l t I i —
<br /> ``'��� , .'.r 1r Borrower�during the loan applicadon pmcess.8ave materlally f�1se or inaxurate InformatIon or statenients to Lender(or failed --
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<br /> '�'��-�'�� w m v i d e L e n fl e�w i t h a n y m atarlal Worannt�an)in conneedoa with the loan evidenad by tho Note,iucluding,but not limited
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<br /> -•�.,, :. .�" '�' w.t'ePreaenwtions r.oncernfmg�8orrower s occupaacy of the Property as a principal�sidence.If thla Securtty Iasuument i s on n
<br /> _ � , leasehold� Borrower sha11 comply with all the pmvisians of the lease. If Bormwer Bcquires fa title to t�e tRopeny. the
<br /> ' leasehold and the fee dtle aball not�nerge unless Lendar�rRS to the merger in wriNng.
<br /> :.�.r�.- :.� ., 7.I'notedlon oI I.ender's Rtg6ta tn the Pt+apr.tty.If Bo:rower fails to perform the covermnts and agreements contained in
<br /> . ' •"'�`�' thia Se�urity rnstmmo�t�or there ia a le�nt prooaedfng that may sigaiticantly affect l.eader's dghts in the PnoPortY(sucl►�s a
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<br /> - _.. :. _`�`'• proxadiag in bauk�uptcy.probute,forcondemnation or forfeiture or co enforce lawa or i�egulattons).thea I,ender may do and
<br /> =_=_;.n::,.�•• � Lender's�ctinns mny
<br /> :_,;,�� pay for whntever Is neoesss�ry to pmtect the value of t3te Pmperty and Leade:'s righea�n We P�'°perty. A in cn�� pAY�B —
<br /> _- : _ - inelude payiug any sum� sscu?ed by a Ilen whtch has prlority over thia Sccurity llnsaument, appeari B �:�_-
<br />-.:,,,?s�--:�±'�� nx�.wnable aitomeys'fees and�nuring on the Pcnperty to muke repafrs.Although Lend�r may wke acNoa under th9a paragraph _ .
<br /> _� � ��•``�� 7�Leader doea noi hnve w do so.
<br /> •• °V+ pny nmounta disbursed by I.end�r under this purugruph 7 shsill become addidonal debi of Soaower secured by lhis
<br /> � ' Securtty Insuument.Unless Sorr�ower end Lender agre�ta other terms of gayment.these araaunta shaU bear inte�at from the _
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<br /> '°` . �. ; date of disbursement at t�e Note rate aad sha11 be p�Yable. va�th interrst, upon nottoe from LendEr to Borrower cequesting �,.;_
<br /> .�%-:.'�' ��. payrment, uot'°.
<br />- � �� " 8.Moiegags Yosurance.If Lender required mortgage insurenc;e as a condition of maldng the loan securod by thta Sea�rity
<br /> �°"'�-,����`:±: Ipauument, �vrrower ahatl pay the ptemiums reqvired to maintain the mortgege insuraace in effect. If. for a�► reasoa. the
<br />--`"'.,�.�"..� �rt e insumnce coverago requic+ed by Lender lapses or ceases to,be ta effect.Bon+ower shall pay the preraiums required w
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<br />_--•--^..� �� obmin oovemge substmuUaliy a�;utvatc�nt to t�c maa��i:�su,ua:e�,re��awiy fa cff�st.ac s coa�tsatfrl4;e�tlfYelont tn thn .
<br /> " � oost to Bomawer of thu mort�age insuranoe previous7- tn effxs� from an altemu2c mortgage insurer upprnved by E�tder. If k.f��":.
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<br /> .,�r:i�;�:��, substantially equivalent mortgage insur^.��e ooverage fe not availuble,Bon+ower shall pay to Leader cach month a sum equal to =,,,,,
<br /> . ;'�(;;•`��";�''; one-tweltth m?ehe yearly mortgege insur�cx premium being pn3d by @orrower when the insurnaec coverag,e lapsed or oeased ro --
<br /> ' . ,'l`�'�; be in effea.H.en�er wt11 acaapt.nse aud mtain these g�y�enta as n loss nsezve in lieu of mortgoge insuraace. I.oss ceseive -;r_
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