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<br /> Q. Rasn+/ at � ��1,�
<br /> Avpat� I�tarnaoe. Barcower �h�ll toep the improvema�u now n�or fttx ete�i9d a� t6e
<br /> Property ituwtoA �ai�ut lass by tiro.hazards includcd wlthin the temt 'oxtended ouverage" m�i my aher h�twtds.ircludla{ .
<br /> flood�ar floodln�,for whkh I.ender rcquitce insumnoo. 7hi� in�uranoa ahall be m�intalned in tbe:rt�ounu and tor tbe}�a9odi
<br /> �tlut�.a�de�reqnita. 'fhe in�ur�nae cutrter pmvlding tha in�ur�aco�II bo clwun by Bormwer wbjact ta lrawles's�pprovd
<br /> which dull not be uraa�son�bly withheld. It Ba:mwer fail� to m�intdn oaverage descrfbed �bove. Lp�der m�y� at Lader't
<br /> option,nbtain covaa�e to pmtect LeMer•s rightc in the PrapeRy in�cooManoe with para��xph 7.
<br /> All inauranoo pal�iea and renew�ls slwll be�ceptable to l.ender and sh�ll lnclude a atandud mortga�e dwse. Lencla
<br /> sl�ll havo the rlglq ta he►!d the paliciea and�twd�. If i.uwler roquires.Barmwer ahall pmmply�ive w l.erider d 1 racxipts of
<br /> — - paid pt�emiums and rene�val notices. In the event of loss,Aorrower ahal!�ivo pmmpt aotfcx to the iasuraacx carrier and L.e��drr.
<br /> I.encier nwy rn�lce proof af loss if not m�d4 prampily by Borrower.
<br /> Unlcas Lenda And Hortower otherwlse agrc,e in wdtiny. insurarae procads slWl be applied to restaratian ar r+epair af the
<br /> � Am�r1y damwgod,if tho nestoration or n�ir i�eoonomically feacible and Lender's security is iat lessened,If tho rcstontion or
<br /> repAir is nai a�onomically fwsibto or l.ender's savdry would be lessencd.the insuranoe pr0000dc shWl be Appllod to the sums
<br /> securod by this Securiry Instrument, whether or not �hen due. wilh any excess pxid ta 8arrower. If Borrower abandom the
<br />_ Prope�ty,or does not answer whhin 30 days a nwioe from l.ender that the insuranoe carrier has affered to aeple e clafm,then
<br /> l.aider may oollact tho insu�praceods. I.ender may usa the procads to mpair or restore the Property or to p�y w�tu
<br /> cecurod by thls Searity Instmmcnt�whether or not then due.Tho 30-day pedad will begin when Ihe notice ie given.
<br /> UNess I.ender and Aorrower otherwise ogreo in writing. any applicatlan of procads to principal sh�ll not extend or
<br /> postpor�a the due doto of the momhly payments rofarned to in paragraphs 1 and 2 ar clwnge the Amaunt of the payrnerps. if
<br /> under pamgraph 21 the Property is ac�uined by Lender.Borrowcr's r�gh1 to eny,insurance policies and prooeeds tesulting from
<br /> damage ro the Property priar to the sicqui�ition ahall pass to l.erwlar ta the extent of the:uma aecural by thic Savrity lnsuument
<br /> -_-- = immecliately prlor w the acquisi�ion.
<br /> �t�;:���
<br /> 6.Oocup�ncy,PaservAtlan�Mainteaaroe aad Protection ot the Pr+opeMy;Barrower'�LaAa A�►plicatbn;I.p�e6olds.
<br /> � Horrower shall occupy,establish,and use tho Propeny as Borrower's principal r�esidence wlthin sjary dayc after the execution of
<br /> � this Security Instrume�t and shall contfnue to oocupy the Property as Borrower's prfnclpal residence for at least one year aiter
<br /> ---_— the date of ocxupancy,unless Lender otherwise agrees in wdting, which consent slwll not bo unreasonably withheld.or unless
<br /> ----
<br /> --° __..-- - -- eT.tCllU8t� L'�:'C!2".L�:..^�'t_° rr�c� wh�rh wsr� s�.,Qwa o..�......_ ... .... . ...� . . .. . .1....«... rl
<br /> - -- n& , ..,. •.•,•..••�.r., ....n.rcl. 3a.:�u... .,t��!! .,r.. ...,......,. ..s.�ge or Itnpuir tt�e
<br />- Property,allow the Praperty to detedorate, ar commit waste on the Property. Barrower shall bc in default if eny forFeituro
<br /> acdon or pruceeding. whether civll or criminal, Is begun that in Lender's good faith judgment could r+esult in forFeiture of the
<br />- Property or otherwise matedally impair the lien created by this Secudty Inslrument ar L.ender's socu�ity Interest.Barrower rtwy
<br /> • cure such a dcfault and reinslate,as provided in pamgraph 18, by causing the actian or pracoeding to be dismfssed wilh a ruling
<br />�'' that, in Lencler's good faith determinetion, precludes forFeiture of the Borrower's interest in ihe PropeRy or other mworial
<br /> irs���meni of ihe liett rreated by ihis S�:u�Siy Luiruu�eui ur Lc�Ktnr'� �exuriiy iniercsi. Harrnwer shaii aiso be in defauit ii
<br /> Borrowcr,dudng the loan applicatian pracess,gAVe matcrially false or inaccurate inforn�a�ian or stwements to Lender(or fallod
<br /> _ to provide Lender with any material infarmation)in cannection wilh the laan evidenceci by the Note, including,but not limited
<br /> ' ��(-,� , n,t to.representations concerning Bonower's occupancy of the Pmpeny as a principal residence.If this Socurity Instrumem is on a
<br /> I '`�'�'' leasehdd, Homnwer ahall comply wlth All thc provisions of the lease. If Borrower acquires fee titlo to the Pro rt the
<br /> .f,� ,'
<br /> ,.':���.,,1,.i�,;�� � y�
<br /> �,�;;�v��;.:1;�. leasehold and the fee title shell not merge unless I.ender agrees to the merger in w�lting.
<br /> �"r����;��li�. � 7,prntectb�of I.ender's Rights in the Property.lf Borrower fails ta pert'omi the covenants and agreemcnts rontuined in
<br /> ��•r',';;�v�r�j; ��s SeCUtily Inetniment, or there is a legal proceeding that may signilicantly aty'ect I.ender's rights in Ihe Property (such as a
<br /> "',�'.`�a.t,� pra�uding in bankruptcy, probate, for condemnalan or Forfeiture or to enforce lewa or regulutions). then Lender may do and
<br /> 'S�-'_��'v' �� fcx w•hatever is neces to rotect the value of the Pm n nnd l.ender's ri hts in�he Pro rt I.ender's Actidnr ma
<br />= k;; • P�Y �Y P Pe Y 8 pe Y• Y
<br /> •�k;�'_ include payi�g any sums secured by u lien which hac p�inri�y over this Security Inatrument. eppearing in court. paying
<br /> �` reason�bie auarne s' fees an�l enterin on the Pro rt ro make re irs. Althou h L,ender ma tak6 action under this
<br /> Y 8 P� Y Pe 8 Y Pareg�aph
<br /> 7,l.erider does not have to do so.
<br /> � - Any Atnounts dinbursed by Lxnder under this paragraph 7 shall become wiJitiui�al debt of Borrow.� secured by this
<br /> ,;,y,y,:y Security InstrumeM. Unless Borrowcr nnd l.cndcr ogrce to rnhcr terms of pnyment,these amoun�s shnll bear interest from the
<br /> :�.:t��-��a date of disbursement at the Note rnte und shall be payable, with inlerext, upun naice from I.ender to Borrower requesting
<br /> �. ,.F.;;.x,�..
<br /> _s.�.. payment.
<br /> t��'4.... .
<br /> -•� • 8. MortgAge Insurance. If Lender required mortgage insun►nce us u rnndilion irt'muking Uie loan secured by this Security
<br />:;;�, ' :�,' Instrumea, BoROwe� shall pay the premiums required to maintaiu Ihe mortguge insurance in cffect. If, for any reason, the
<br /> �•' �•%�•���= mortgage insur:u�ee co��erage rcquired by I.ender lapses or ceaties to be in effecl, Borrowcr tihull pay tlx premiums required to
<br /> ` ^,.b.l�•���'•��•-'_
<br /> � ..,_:L.;�;��;;, obtain coverage sub�taotially equivalem to�he mortgage insurunce prcviuusly in effect,vt u cost suhstantinll��equivalern to the _
<br /> :� . F��•• ros� to 8arnnwer of the mortgage insurance previnusly in efl'ect, from un nllernute m�mgage inwrer approved by Lender. If
<br /> ,�, � d subst,�ntially equiv�tent mortgage insurance ruverage i,nu�availublr.Borrower�hull pay to Lendcr each month a xum equal to �
<br /> '� �'' , nne-tweHlh of'the yes�rly mongage inxurunre prcrnium being puiJ hy&irrnwer when the in�urunce coveroge IApsed or ceused to °
<br /> be in effect. [.ender will accept.ure and retuin the�e puymcnts uti a losti re�crvr in lieu ol' murtguge insurunce. l.us� retierve
<br /> . -�_� _
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