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<br /> �. llwrd or pr+oprrry IMpinaoe. 8ormwm �lull keep �he impmvementa no�exiuln�ar herodlar encted on tbe
<br /> Propaty inarod yaimt law by f1ro. h�zru�d� includod within the term"extcnded cover�e"�nd my otha hwtr+d�� iacfuAl�y
<br /> fbod�or Houdin�. ta which Lender roquiro�inwr�nce.Thii inwrar�ee�hall bo nwlnu�inod in the artaunu and for�be p�edod�
<br /> dwt I,endor roquiro�.'11�e inwrance c��rlu provldinQ the inwr+u�ce slwll be cho�en by Bornnwer wbJoct�o I.enda'�+ipproval
<br /> whlch vull not be unro�wrubly wi�htKJd. if Borrower fdl�to m�inWn ooven�e deacdbod�bove. I.ander ap�y,u Laxkr'�
<br /> _ option. oMain oover�e to protect Lender'a rfghu in the Proparty in�cordance wlth paragraph 7.
<br /> All Inwnu�oe poticies �nd nnewd�elu�ll be�ceepuble w L.cnder and�h�ll ineludo a�M mon�a�e clwee. l.ender
<br /> �liall bave t6e dght w hold the poli�ieY iuid rcxKwd�.lf LCnder roquir+a,Bortowcr shrll promptly�ive to Lender WI roceipu ot
<br /> - - - - P�Pr+emiume a�d renewd notica.In Ihe event of lou.Bormwcr dwll�iva prampt ootice w the insuronoe carrier u�d l�ender.
<br /> I�ender m�y mrlca pmof of loa if not mado promptlY by Aornower.
<br /> Unless Lender And Bornawcr otl�erwine agroe in wdting.insu�}nnceods sha116e applied to reatoration or�epair of the
<br /> Propaty dam�ged,if the reawation or repwir i4 000nomic�ily feasible and L.ender's secudry i�not lesscnod.If the ratoratlon or
<br /> -� � �ir is not xonomicalfy feasibie or Lender's saurity would be lessened. Ihe insurance proceods shali bc applieJ lu Ihe surta+ �
<br /> socurod by thia 3ecurity Insdument, whcther or not thcn due. with any eacess paid to BarowK. If Bortower abendonc 1he
<br /> Pnoperty,or daes not a�uwer wittliia 30 dnys a notice fmm Lender that tha insur�ncx carrier hrs offerod to setUe a claim.then
<br /> - LeMer atiy collect �he insur�u►oe p+ocoeds. Lender may uRO tho procoods ta �ir ar restore the Property or to pay suaw
<br /> cecura!by t4in Socurit}r lostrumra�t.whether or not then due.The 30-day periocb will begin wden the notice is given.
<br /> U'das Lader ud 8«rower otheiwise �g�ee in w�iting, any apptica[lon of proceeds w principal sl�ll rat extend or
<br /> pc�snpo�no tbe due date of tho mv�thlg pa}�ments refemed to ia paragraphs 1 end 2 or change the amount oP Ihe pa;�:r�ants. If
<br /> �tnder j+u�groph 21 the Property is aaquired by Le�fer. BorrQwer':r�ght to eny insurance policies end pra�eads r+ew3ting fi+om �
<br /> - de�nnge!o the Propetty pdor to t�e acquisition s6�11 pess to Lender to the eatent of tho aums sacurod by thie Sav�ity InstrumetN =
<br /> i�qu�tiiately ptior to the acquisiti�n.
<br /> '" �6. Oocup�u�y,P�ervado�n,Mainrtenance and Protectiw�at the Ih�oPa'�Yi Bon+nwer's I.onn Appllcadon;I.�olds.
<br /> �?` Bk�r�rnver shall occupy,establish,xnd use the Property As Barrower's principal residence within sixry deys after�he execution of
<br />::i`s this Secarity lasuument w�d siuQl condnue to axupy the Property as Borrower's pr�ncipel residence for at least one yeu aRer
<br /> •� the date of axupancy, unless Lender otherwise agr+ees in wrldng.which consent shall nat be un�asonably withheld.or unless
<br />:.::i2� .
<br />;,.��, eatenuating circumslanas �exist which aro beyond Borrower's contral. Horrowcr shall not destroy. demage or impwir the
<br /> ,. Property.allow the Property to deleriorate,or commit waste on�he Propeny. Borrower shell bc in defoult if any forfeiture
<br /> action cx proceading,whether civil or criminal,is begun that in Lender's good faith judgment could resuk in forfeiture of the
<br /> Property or otherwise moteri�lly impair the lien creatod by this Secur�ty Instrument or Ixndcr's security interest.Botrower may
<br /> curo such+�defauU and ninst�te.as pruvided in paregraph 18.by cwsing the action or proceediog to ba dismfssad wfth a ruling
<br /> _—__ __-___ that, in Lcndcr's�aod.faith detem�ination, precludes farfeitw+e of the Bormwer's interest in the Property or other materlal _
<br /> ;:4,�� , � impeimxnt of the lien•creatod by thie Secu�ity Instrument or I.ender's secu�ity Interest. Horrower shall also be in default if
<br /> - 8omnwer,dwing the Iwm application pmcess.gave mate�ully false or inacaurate inforn�ation or stetements to Lender(or failed
<br /> �� ta pravide Lender wlth any mAterisl informatian)in connection with che loan evldenced by the Note. including,but not limited
<br /> ,.; � to.repr+esentetio�canceming Borrower's oocupancy of the Property as a principal residenx.If this Securlty Instrument is on a
<br />:;,�;� ��_,y��r, leasehold, Bomower shall comply with all the provi�ions of the lease. If Borrower acquires fae tide to the Pmperty. the
<br /> ""�,,�;°�s•',»' leasehold and 1he fee title shall not merge unle.es I.endcr agrees to the merger in w�iting.
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<br /> ��!��.��,, � 7. Protatian of I.ender's Rights in the Property.If Borrowcr fails to perform the rnvenants and agroemrnts canteined in
<br /> -•��,�',�`��' this Secu�ity Instrument,or tbere is a legal proceeding that rtwy significantly affect Lender's righls in the Property(such as a -
<br /> •'�� � • �'� procceding in bankn�ptcy,probate, for condemnation or forfeiture or to enforce laws or regulations),then[.eider may da and �
<br /> .. ,��,`` :.'�'"�, : pay for whatever i� necessary to protect the value of the Property and Lender's rights in Iha I>roperty. Lender's actions may -
<br />;'`��;,, ��f�,:�.':`;,,;�{ include paying any sums secured by a Ifen which has priority over this 5e�:urfty Instrument, eppearing In court. PaY��B -
<br /> - __ ��«�x_ rcasonabk attornoys'fees a�d entering on Ihe Property to make repairs.Although I.ender mey take acdon under thla parngrnph �
<br /> :r:,:�' -
<br /> �'�t7��;rr,{��.;�';,"'','•; ?.lxndcrdaes not have ta do so. �'.
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<br /> � , .•,•�;.•,,.�N���. Any amounts di�cbursed by l.ender uixler this parugraph 7 shall become addiUonul debt of Borrower secured by this =
<br /> . , H+��'�L7::�•r��. _.
<br /> ; ��,; .�•I+:. .�, • . Secu�ity Instniment. Unless Borrower and I,endcr agree�o other terms af payment. these umounts shall bcur iaterest from the
<br /> u'��`�+�+�^��''" date of disbursement at the Note ratc and shall be payable, with interest. upon notice from I.ender ta Borrower requesNng �-
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<br /> �' . 3«�;:= �. ;..:.. PaYment.
<br />__ ,�';';fr. �,> .,_� 8. Mortgage lnvurance.If Lcnder required mortgage inwrance s�s a rondition of muking the loan secured by this Security _
<br /> t.• ,�;�,, _
<br /> � -�+r:� °•� � Insttument. Borrower shall pay the premiums requircd to maintain the mongage insurence in effect. If,for u�y reason, the
<br /> r.mi p�,.. ...y.
<br /> Il�v .+,Y•! -_
<br /> t ;���,y;;...<. ,•�,. mongage insurance coverage required by l.ender lapses or ceases ta be in effect.Borrower shall puy the premiumrs required to _
<br /> .�.., _
<br /> �':-=�' �'°� �� obtain coverage substantielly equivalent to the mortgage insurance prevbusly in effect,at u rost substantial{y eqmev�Eent to ttk �-
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<br />::�•�FJ ���,j��1:��;�''...•� : wst to Bornuwer of the monguge insurance previously in efiect, from an niternate mongage insurer approved by ixnder. [f ==
<br /> f , .;La:,;':"'.;,. � •v substentiall "-'
<br /> t ;�.,;;,,;,<.,��`''� y equivalent mortgage inuirnnce covert�ge is not Available. Borrower shull pay k�Lcnder rach month a saan equal to -
<br /> ' � ''" '`� ! r� one-twelRh of the yearly monguge insurunce prcmium l►ei�g�pnid by Bonower when thc insurunce coverage Inpsed or ceased to
<br /> � r�;����t'�``t��';�J4t'. j!�' be in effect. l.ender wlll�ecept,use aad re�air,t7�rse paymen�c as a Icr.�. reserve in lieu of mongage insurunce. Loss reserve ---
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<br /> '�;`.•' ''�'.�it''t'','•ir; Form 30T8 9190
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