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<br /> ;A.6Trc,b7dod�nA Otha liawrd iawrnnce.Bortower�hell insuro all lmprovementa on tAe Pcopeny,whether now�tt '
<br /> - cxlata',Cq otsutisoquCnUy Crcaed.egdast my hereMa,ersu�ltk�,end tonHngenclea,lnetuding flro.-for wht�h LaWu requlree ._._
<br /> Irtsurancq, 1111r iriwrenoe sAatl be mainfatnt0 in�ho emounp�nA tor�ho pertode that I.ender rtquirea. Bo�rower s�all e]so
<br /> Inwr¢et!Itap[Uvemente on tho Propeny,whethm now In exi�tenco or eubuquentiy uectcd,agalrot lau by ttoode to Iho extent _
<br /> rc�dred Dy the 6ec[etary.All lnwrenee shall 6e aanicd whh compnnle�epprovcd by Lerder.7Lo Inmrenco pollcles end eny
<br /> rcnelvais cinll 6e held by I.aYdu and�hell lnclode lose peyablo ctauses In fnvor ot,end In a form�oceptablo to,l.ender.
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<br />�� In H�o event ot lou,Oortowu chall give Lendu Immediete nottoe by mail. Lender may matce praot of los�it not made `� ---�
<br /> --- promptly by Borrower. 6ath insurenco eompany oonamod li hercby euthoriud end dirocted ta make payment tor wch tose
<br /> dlratiy to Leader.instead ot to Bortoxror ad ro I.endu Jolntly.AU ar eny pan of�Iw insurence pcooxd�may be applicd Ay
<br /> Lendcr, et lu optlon, cl�hu(a)�o ehe redualon of the indebtcdneu under tha Noia end thia Sewrfry tiutrumen[.flrt�o eny
<br /> ddinqutnt unouNe eppped in Ne order in�mngrnph 3,end then ro prepayment of prindpal,or(b)ro the rcsro�atlon or repsir
<br /> ot tha dam�gcd Property. Any appliatlon ot the procada to the pdneipat ehdll no[extend or postpone the due date ot�he
<br /> - - monthly pa�menn which aro referted ro in par�greph 2,or change�ho emoune of wch paynMnu.Any cxass insurence proceeda -m-�
<br /> over an ertaunt rcquircd ro pay eil omstnnding indebtcdness under the Note and thi�3eeudty Instrument ehall be pafd ro tho
<br /> entiry legelty enNtled therao.
<br /> In tha avent of forcclasure of this Seaflry Imtmment or other ueaskr of Utle �o the Property�hat oxtinguishp Ihe
<br /> indebtednw,eIl dght. tltie end inrcreat of Ho�rower In end ro Inwrence policiea in force shell pav to�ha purchaser.
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<br />�°°---- S. Occupency, Preaervatlon, Matntenance and Protectlon o! the Property; Borro�rer'e Loun Apptlatlon; --
<br />._ _ _ LeaseAoldv. Borrower iAall ocapy,amblish, end use tho Property es Iiorrowei s prineipal reaidena withln dxry daye tRer - -
<br /> "i.�! the exceutiw of Uii+3ewdry Initrument and�hall contlnue ro occupy the Property az Borrower s principil residena for et Ieast :;;ti��':".
<br /> -- one year after tha d�m of acupancy,unles+the Secreaery daerminen this requirement will cause undue hudship tor Borrower. ---
<br /> �''==P° or unless utenu�tlng circumstanaa exiat which are beyond Oortnwer s wntrol. Horro�ver shetl notify I.endere o( any �;r:''-�.
<br /> ��::s%, utenuaHng circumsienep.Bortower shall not commit weste or dutroy,demage or aubstanHally chenge the Propeny or ellow �t_;
<br />'��:*r:� the Property to duulorete,rmsonable wcar end tear excepted.Lender may inspea the Properry if the Propeny ia vuant or �y"<`
<br /> -;"a',� ebandoned or the loan ia in defeult. Lender may teke reasomble actlon to protett and preserve such vecent or abandoned ' -�
<br /> ��;r Propony.Bortower�hall also be in defeult if Borrower,during�he loan�pplication proceu,gave materially fdse or inaavrare �� �•
<br /> -f;�.: InformeNon ar nntemenu ro Lender(or failed ro provide [.ender with any matedal information) in connection with the loan ��
<br /> _,_ evidenoed by the Note:Ineludina, but not lindted ro. rcpreunutions eoncemina Bnrrower•x necua�ncy of�he Propeny a+ a �;�-�"
<br /> �� � pricefpat raldena.If thii Secudty Instrumene la on a leasehold. Borrower shall comply with �he provialona of the leau. If � -
<br /> t�� Bortower xquirea fx tltle a the Praperty,�he Ieazehold and fa title sh�ll not be merged unleas Lender cgrees a�he nxrger fn --
<br />--.�_. writing. ��.:'
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<br /> ���f'� 6. Chergm lo Borto�rer end Protectlon of tander•e Righta in the Property. Borrawer shall pay aIl gnvemnxmel m �"' '
<br /> Sc` munidpal charges, finea nnd Imposiqons thn�re not included tn paragreph 2. Borrower ahall pay �Arse obligetions on time �i4; _'.
<br /> . . dirady ro ihe entiry which ia owed ihe payment. If failurc to pay would adveraely afkct Lender's interest in the Properry,upon ��',` t--
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<br /> :,;,.�''� Lender a roquat BortowercAall promptly fumisli to IxMer receipts evidencing these payments. k�-�.__.
<br /> ;'S.+] {'e" ENii
<br /> y,�,�;� If Bortower falls to m�ke�hese paymenu or�he paymenu requircd by pafagfaph 2,or(eila ro per(arm any o�her corenents `:��;:;�.�.'
<br /> �''7� tnd egrcemrnts mmalned In this Secudry Insimment,or therc is a legal praceeding thet roay significently uffect Lender's rights "� •
<br /> � In the Proputy(auch as a proceeding in bankmprcy, tor condemnation or�o enforcc lews ar reguletions).�hen Lender mry do
<br /> ��t;, end pey wh�Mver Is ncceas�ry to prolay the raluc of�he Propcny nnd Lender s righls in ihe Propeny,including payment of +4r �.
<br /> uxa,heutd insurance and olher itertu mcmioncd in pangrsph l. �
<br /> -wl'�; ,£�.,�>.`.:.
<br /> `-i� Any vnounts diabursed by Lender under�his paregreph ahall become an additionnl debt ot Bnrro�ver a�be securcd by S+ >' '
<br /> -r`� this Securiry Insuument.7Tcse emounts shall beer intercu from thc da�e of disburunknt.m�hc Note reta and at�hc op�fon of �
<br /> ;� ��� Lendcr,shall be immediately duc and payable. �
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<br /> i'.�� 7. Condemnet�on. The pracecds of a�ry award or clnim for dam�ges, dircn or mnuquential, im m�nation .vi�h any �+ `•�-
<br /> 43Ej� condemna�ion or o�her taking of any p�n of tk Pmpeny,or for mnveyanee in place of condemna�ion,arc hercby assigned end =� `
<br /> e � shall bc p�id to Lender to Ihe cztent of ehe(uIl unwunt of the indebtednesc Ihat rcmains unpaid u�er Ihe Nate and this Securiry } �
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<br /> ,�y_� Inatrunmm.Lender shall apply such praceeds m the redunion nf the irdch�edness under�he Nate und�his Security Instrument. .,•,,,,_:
<br />�-°�_�,+;; first ro nny dclinqucnt amoums applial in �hc order prnvidN in paragnph 3, and Ihcn 10 prcpayment of principal. Any
<br /> eppliation of the proccedz to the principal shall not extend nr postpnne the duc date of the monthly paynxms, which ere ,s �-
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