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<br /> 4.E3re.�iaori ao�d OtLer Bazard Ia�uran�e.Barm�ei s6�ll insure all imprnvements.ua the Property.ahet�nav�r in
<br /> existenoe ar snbseq,�ly ei�ectod.againct a�ry hazards.casu�lties.atd oamtingsacies.inctuding fiie.for which Lendes nx�uites
<br /> �ec
<br /> iimnranse. 'E7}is iasurar�ce shall 6e m�ntainod in the arrioun[s and fos the peciads that Lender m�iires. Sorrower shall aLw �
<br /> � iasuse ai!improvt�n;s an t�e Poaperty.a'hether now in existence or subsoq�dy erect�.a�mt tass by tlonds ta tht extent
<br /> required by the Sesr�asY. AI!insur,�nce shal!6e carried witA comp�nies appmved 6y Lcnder. T6e_iasvranre policies arid a�
<br /> - reaewals shali b�heid 6y LeaQex'and s6all'enclude Ioss payable e2auses in favor of.and in a fo�aa�eptat�le to.Ixnde�.
<br /> ---Y- Ia the e�reat of toss.Barmwer s�ralt give tender i�iate aotice 6y ma�. Lender ma}� m�Ye pmof of toss if not made
<br /> P��Y by�onuwer. Each ictsuraixe oompany eoneemed is flereby authorized and di�ected to make paymein for suc6 toss �
<br /> _—`� directiy w i.euder,iauead of w Borrouer�nd to LeniTer jointly.AII ar any patt of the irouranez proc�zds tnay he applied by � ------
<br /> -- I�der.at its option,eitt�er(a)to the led�sctioa of the indebtedness under the N�e and this Secu�ity'(nstnuuent,firse to any
<br />--= delingaent amounts applied in the order in pa�agraph 3.and thea to p�paYmem of principal.or tb)to the cestoration or r�epair
<br />-�':�.- af d�e damaged property. Any application of t6e praaeeds to the princiPal '�II noL eutend or posrpane the due date of tUe �
<br />-. - monthiy paymmts which an referred co ia paragraph 2.ot eLange d►e amount of such paym�ts.Any excess insurance pmoeeds
<br /> ovez an amount�ryired to paY a11 outstandiag indebtedness undea tt�e Note and t6is Socuriry Insuument shati be paid tn tue
<br />.`3�;r; �flflt�r�E��Y C[Iht�Ed t�leTCtO.
<br />-�i�/T'il '.�,:t':,', , .e�
<br /> [rtsttument or otfter transfer of dde to We Property that ea "�*� t�
<br /> :..t� �: I�;t3�e��r�t af't�reclasure of this Secacity -
<br /> � .. . ,. =.
<br /> `S��` `�.- in�lit��ss,aFt agiii::titIe arui inteflest af Hnrrawer in and to insumace policies in force shall pass to�he pa�haser. --—
<br /> ��,:. . . :c, , � -
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<br /> ;�,Pres�ati�i-�Afaintenance and R�,tedinn aE'tit� Ftepectv#. .Borrowe�'s i.u�n AppGrrt�on: ,� -
<br /> f`� - ��'�'''��P�Y � ---
<br /> -.YS .� i,e�'ts�sds. Bamawer shall occu�y,..esCablish.and use the pm�ty a5 L�t�'?�e�'S�ia"`�ti residence arithin sixty days after =_
<br /> ``° �'� the execution of this Security InsUUment and shall continue to oavpg the g'n,tpeciY as Boi'rower's principal residerkx for at t�st . .��;�__
<br />„�"��,, . —�_
<br /> `� one year.afterthe date of accupancy,unless the Secretary determiues..t�is•c�4uiiement will cause undue hardship for Borrower, .__.
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<br /> :. or �exs eatenuating circumstances eaist which are beyortd fiurrower s control. Borrower shail notify Lenders of any ;:��:;
<br /> � -`•` � extanuilii�g c�rcarnstanees. BaTrnwer shall not commit waste vs cf�troy.dama8e or substantially change the Property or atlow ��;_,.,
<br /> �, the�'jxipc�?y to d�erionte.reasanabte weas and tear exceptect..i:ender may insPect the P�'aperry if the Property is`��ut or �
<br /> _ aba�tiai� or the loan is in default. l.ender may take neasonable action ta protect and preserve such vacant ar afrrud�ned _
<br />„ y � ''��y.� • • Propeirq;Borrower shall also be.in defautt if SarLawer.during tbe toan application process.gave materially false or inacc�rate ,y;:�-�-
<br /> " inforai�si�n or statemr.,nis ta Lender(or failoc�hr�rovide Len�der with any:material information)in m.r�ectian with the toan �= k_.=.
<br /> ;� ,t,-.•_ e�iderx:eci-�y the Nate. includi�,but wt limited to. represeatations cvrsi�r.ng Borcower's ocaipa�r��vf the Pra,pr.sty as a . �,..._
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<br /> � „ . pmncijsa�l�resideace. If this Seaitiiy tnsuument is on a Ieaseirislkf.8�rmm�ve�'41ia11 cnTqify�v�th the pro�isions of"�.IL�se.If s - _
<br /> . � �arrs�ver.;�uires'�se titte ta t�Ze L�iroperty,the leasehoid anA f�utte si�all:ri3�:+Te met�ei��u�!�ss I.ender agrees to s�m►�er in ;r�.p� :-
<br /> _, :���; , writin�. , . � . ,���``�:�
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<br /> ''"��x••"` � � �r�arges to Borsdwer pnd Protedian of Lender's Rights in the 17�roperty. Borrower shali pay al!govem:ffeaal ar� ; -
<br /> � •. �t+ �.-. munic3 char es, fines and im ositions that are not inctuded in paragraph 2. Borrawer shall pay these obligati�sil�:��)r,�sme : , x ���#��Srj��,,
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<br /> �;;�%:,':�:=_ �' directiq to the entity which is awed the payment. Ii failure to pay would adversely affect Lender s interest in the ero�sx}�•..`�Qon • �.f•;i''`�;�`
<br /> _ _ `�' �� ` Lender's request Borrower xhali promptly fumish ta Lender receipts evidecu:m�these payments. ' ::,�'�r •� -.' �•„�,��=
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<br /> ••; * . li Borrower fails to make th:se payments or the payments required by�:s�gtaph 2,or fails to per:ssi:Y any ott�r+�?venants � • • �. :�
<br /> and agreements contained in this si:v^urit lnstrument,ar there is a le al roceedin that rsa ci nifieantl affeet Lei��e�'�ci ts .;r�'r,���;��s�;:i�',� _�
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<br /> � in the Pro rt (such as a roce.3i'�n in bankru icy. for condemnatian or to enPorce laws or regulationsl,then L�caiT3ca�►i'tay do •":�;;;;+�'r:�:�;�.���
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<br /> �� '•`�`�`'i and pay whatever is neces ary to F:otect the v ue af the Praperty and i.�r:der's rights in the Property. including payment of . , ��' -_
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<br /> `�'`�li��,�'• '� � � taxes.hazard insurance and other iteras mentioned in para�raph 2. • � . � ,.,-�
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<br /> �'�` Any amaunis disbursai by �Ca.°nder under this paragra�ii sh;ill'bc+a3iii►�an additiana{debt of Borrower and 6�'y�a.cred by � 'v�_
<br /> . this 5ecurity Instrument.These an�uunts shal!bear interese fi»�n��fic al4�u:ijr•disbursement.:�t the Note rate.and at tu:cp�ion of �� . - z�
<br /> � ' l.ender.shall be immediately due�nd payabie. � � ; ,". ' =i`�=
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<br /> - ?�"r.�,: 7. CandetnnaNan. The prqer.e.�s�f a�iy,:iward or claim for d;�n»H��_� direct �r cansequentizl.��A� cannectian �a:�'� z� , , ,; �:..
<br /> 'v.= candemnation ar other taking of�ny>>:�art of the Ptoperty. nr far a>nvey:�u.�i:iai Place of��,:r.demnatinn.are hereby a��a:�::,�a� ' �`r.,..E;,. ' _
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<br /> ' ��' �''�i�"�?= shall be aid to l.cnder ta the exl��ri of thc fu11 amount of'the indebicdnes4 t�at rcmai�ts u���s�id under the Nate and e.�F���r.c;irity ;;c��T'�Y;', �
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<br /> :;�;;�, ' .ir.:• '. •: Instrument. Lender shall appiy sach pracceds ta thc reductiun of Ihe inddiluSnes.r urtder che Note and thic 5ecuriry �ns:�::ment.
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<br /> ;. s ;�a:,: ':, . 6rst to any detiitqiit.�nt amaunts applied in the ��rder pmvided in parng���t� 3. and ihen ta prepayment oP principa�l. Any � .
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<br /> --;�t�; . ��'� . application of the��tnceeds to the princiya) shall nc►t extend ur po�tpane t1�e due dute nf the man�hly p�yments, wh3ch ait ��
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