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<br /> � �
<br /> D. IlW�rd oe Property Inwrance. Borrower fiall kkp �ho Improvemcme now exiaqng nn c�renlYer eroaed on the
<br /> Propenylnsured ogdnst Iasf by 11ro, hazards includM wiihin tho�crm 'extended wverage' and eny o�hcr hnvnrde, Including
<br /> n�a�or nwain�,for whicb I.ender rcqulra insurancc.Thle Insuraixo shall bo meimnined In�ha amnunte nnd for t6o pedode
<br /> � �hnt I.ender rtquirw.Tha I�surenw cnrricr prov�ding�he fnsumncc shall be chnsen by Itorrowcr subJca to I.cndcr'e approvnl
<br /> � which shail tat bo unrtasanabiy wltliluid, If Oortnwcr fails�o malntsin coverago dcscribcd above. Lcnder may, at Lcnder'e
<br /> � option,obtain rnvcrugo to proicct Lcndcr'e dghts In tlie Propeny in accor�nnce with p�ragmph 7.
<br /> � All Insuranw�llciee ond raicwate shnll be acceptablc eo Lcndcr and shall include u standard mongago clause. Lcnder
<br /> shall havo IAe righ�In lio�d the policies nnd rcnewab.It Lender rcqulres,Oorzowet shail prompity glva to Lender ell recelyta ot
<br /> _ peld premlunu and rcnexal notices.!n t6e event of loss,Dottou•cr shnll give prompt noticc ro the insnrence certier and Lender. -- --
<br /> � Lender nuy n�ake proof o(loss I(not made promptly by Uorrowcr.
<br /> I Uniess Lender and Qovower mherwl»ngreo In wd�ing,lasurunco procecds shall bo applicd ro restomtlon or repalr of�lie
<br /> - Propcny damagod,if U�o rcsmrs0on or rcp3ir is cconomiwlly fensibio and Lender's suudly(s not Icssened.If tho resroratlon or
<br /> repair is not emnomiradly feasiblo or tander's security would bo Ieuened,ihe insumnee procecde sbnll bo apptled ta�ho sunu
<br /> secured by thb Secudty Insimmen4 whether or no� then duo, with any eacas paid to Dovower. 1f Dortower abandann �ho
<br />- �--�---� Propeny,or does not answer�vithin 30 days a notice from Lender�ha�the Insuror.m ca�er has offercA to scnle a olalm, thcn
<br />�'�""-' Lender nuy collea �he Insurance proccedc. 4ender may uso �ho proceods to repair or aYtorc tisz Pmpeny or to pay sums
<br /> -��,��; saurcA by this Sccurity Instmnxnl,whether or nm then du¢.Tho 30-day periad�vill Degin�rAen the r.otiee is gtven. -
<br />�,N„m�: Unlas Lender and Dorra�ver o�hendse agree In wdting, any ,ppiintion of procoeds to pri�cipil shall not extend o7
<br /> Pk��` s� ne�he due da�o of tlic monthl a ments rcferted to in i n hs I and 2 or ehan e the nmoum of tiee mema. Ii ' -
<br /> . J.•• . P� P� YPY P�8•D 8 RU' _r _
<br /> s-��,� under paragmph 21 iha Propeny Is ecquind by Ler.der,Borro�vcr's right to eny insurancv polida+enA proceeds msulling from �� _.
<br />-;_:����,_,_:, damnge m�ha Propeny pdor to Ihc acquisition shall pus w Lendcr to the exlent of�hc sunu sceured by Ihfs Senviry Insttumem
<br />_':.--;4`^':`�": imnxdiatelypriorto�heacquisition. - - --
<br /> ' �:�d;�t''t,�s�• �.Oceupency,Pra�rvaUon,�falntenamm�nd Protatlon of thc IRaperiyt Borrox-er's Loan Appliwqon�I.easeholds. -
<br /> �;q?��y'�t" 6orroirtr shall occupy, u�n6lish,nnd use ihe Property ns�ortower's princfpal residrnce within sixiy days atter�he execuNon of _
<br />-.%h<,:t" --
<br />�� �: ,-.y;:� �his Securil Inserument and shall rnntlnue�o ocw �he Pro rt ns Oorro�ver's dnci �1 residence tor ai leas�one ear eRer ---
<br /> _"_".�n.....� Y PY P� Y P P Y = -
<br />=�j<'.5-:�;y'F�. Ihe dale of occupancy, unless Lender o�henvise ngr�in writing, whieh mncem shall not h unreaaonably wi�hheld,or unless ---
<br /> � -'^ ^ � extenuating circums�ances exist �vhich ere beyond 13orrower's rnntrol. [iorrower shall nol dzs�roy, dan�age ar impa(r �he
<br /> ���ji�:��i:; Propeny, ellow ihe Property Io dcterloraic, or rnmmi� �vaste on �he Propeny. 6orrower shall be in defeult if eny Podeimre
<br /> �'�.4'=: ectlon or proceeding, whe�her civil or criminal, is begun tho�in Lender's good fai�h Judgmenl cauld resuh In forfeimre of the
<br /> �`.`J�'�';:<�-;-�s, Propeny or o�hernise malerially Impafr Ihe lien crcated by this Securi�y Inswment or Lender's securiry intercsl. Oortower may
<br />' '� cure such a detault end reins�ate,as rovided in ara ra h f 3,b causin the ac�fon or roceedin �o be dismissed with a rulin
<br /> ni- -,"'i:�,.'�- P P 8 P Y 8 P 8 8
<br />='""•{�`.:'+"�-; �ha4 In Lendcr's good falth detcrmhm�ion, precludes fodcimr. of�he Rorrower's imcrcst in �hr Propcny or o�hcr ma�e�lal — -
<br /> _-., �� �i�;�- impalmcn!of(he lim crwteA by tliis 3ea�riq� ins�rumcm or Lrndcr`s securi�y intcres�. uortm�er shail aim bc in ticieult It � --�-.�� '
<br /> `��-'��••��-':��' Dorrower.durin �hc lom a Ilca�ion romzc, nve materiall false nr inaaumie informatian or s�atements ro Lendcr(or fnilW �;-�
<br /> ��.;.,.. .;�, �. 8 PP P E Y �...�rs:-:
<br />-;�ti';".ro:-t . �o provide Lender wi�h eny matcrial in(omimloN im m�ncc�ion witl��hc loan evidcnmd by�hc Nme,including,bui not limf�ed -;�„i.-A�. .
<br />���y` �'�" "r-' m, repreunlaUans conceming ftortowch occupancy nf�he Property as n principal residence. If�his Securi�y Inswmem is on n ���'r»''=—
<br /> ,.- .�
<br /> 7i}:�..y;�P.;'.;.. .. �,t.,,,...�
<br /> � � ,. Ieasehold, Uorrower shnll camply �ei�h all �he provixions of�he Iease. If Onrrmrer ncquires fce �i�le w the Propeny, �he . � - -
<br /> ' �� - lessehold and�he fce�iUe sh¢II no�mer e unless Lcndcr a rces�o�hc mcr er in writin �
<br /> � . �- ;��'� 6 B E 6• b�r.. ..t;:f.. ',ig—
<br /> 7.Protectlon ot Lender's RI hls In Ihe Pro rl If Uorrnwer lails m rfami�he covenams nnd a rcemems cumained In "��-�� �• "--
<br />;f:�,:li..:."'` � 8 P�' Y• IK' 8 .. :�_:l,�F-.
<br /> Ihis Sceurity InsuumrnL ar Iherc is a legal procecding�hat may significamiy affecl Lender's rights in Ihe Propeny(such as a �;� � - - >, i�`
<br /> .� !,.^ procecding in bankruptcy,proba�e, for rnndemnaiinn or furfeimrc or�o enforce la�vs ur rcgulatioaq, �hen Lender nwy do mid _.'.;��.c., . , t-•-'r
<br /> r_'...�_t, �..k;,li�t�;.:;
<br /> -. `n:� ,-. .�,_ p�y for whmever is neeessary m pro�ect �hr ��alne of�he Prapeny and Lender's righls in �he Propeny. Lender's actlons may .),;;�--�
<br /> --�,.,.'- inetude paying any sun�s secured by a lien «�hich has prinri�y aeer �his Sceuri�y Insuumenl, nppearing in coun, paytng �,J s �� `� F:� `.
<br /> + " rpsmuble atmmayi fces and cmcring nn�he�ropeny m maAC repairs. Alihough lsndcr m.ry�ake ncdon under�his paregreph ;��+f'���"f��n1�- �.�
<br /> _�:' 7.Lendrr docs nnt have�o do so. ��; � �f'>( -:�i'
<br /> ti - ��:5, Any omoums dixbursed by Lendcr undrr thi. par.�graph 7 .hall bemme xJAiliunal deM of Oorro�rer s.turcd by Ihix ;i?; }` ��n)t�� �`�.-_
<br /> � � - .; $ecurily Instmmenl. Unicss Onrn�wrr and I.endcr aFrcc lu nlher Icnns nf paynsnl. Ihe�c amnunL shall hcar imcrec� Gnm�he �-,:Tf
<br /> - , ,j� date of dishurs.mem nt �he Nme n�e mid .hall he payable. wiih imere+t. upm nutice fmm Lrnder in 6orro�cer reques�iug kk ''
<br />'�.f� �� i ' Paymem. � .
<br /> J��zY;}„��f��}'y' 8.Aforlgn�e Insurance.I(Lender rcyuind mnngage in.uranm a.a innJition a(m:�king�he I��an xcured Ur�his Securily - °:,, ,r-<
<br /> ;;;�_�i�t�'.''�f� instrumenl. Uorrower shnll p:n� �hc preiniums reyuin� m maimain ihe mungage ir..unn�r in ef(n��. If. for :�ny rcaann. the '�.._-,.-�i:. v':I�''�c �
<br />`'�-:�:' .:���`;{ mortgage insur:mcc mvcr:igc rcyuirrJ by I.rnder lap..c.or rcatir.�n ik in eff.a. Dorrnuer.hall pa�� ihc premiwn.rcquircd lo - -
<br />-":.}'.. -. ab�ain m�trnge subtianiially equivnlcm In�hr mangage inwrancc prerinu.lp in cf(en.:n :�cnq wM�amially cyuivaltnl lo the '+�1:,`-�
<br /> ms� �o Borroner of�hc moriFape irouran:r previnuQy in effea. Irm:i an ahem:nt mnngag. in.urtr approceJ hy Isnder. 1( - . .
<br /> - . . wh4tamially equivalem mnrlg:�Fe inwranc.crnrnge i�no�:�aailnhle. Bnrra��er.h.dl pa��io lAnder.ach monlh a.nm eyual In � - . .
<br /> � or.r-nrtlflh of�hc yrady mnnga}r in+ur.ma prcmium hcing paiJ M flurrmccr��hcn Ihr iu.uranac crncragc Iap.cJ nr cca+ed lo , .
<br /> .. .. bemeffMLl.cndensillaircp�.ucrandre��inthexparmenha. alu.. rcvncin lien of mnngair inuranm. La.. rrscnc � . 'y�.-.��:�.:�,�.
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<br /> Fo�m 3028 fl�90 - .f'
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