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<br /> S. H�sat+d or prnperty 1�unnoe. Aorrnwer dull Icap Ihee imp�rnvements row exi�tin� ar ha+a!!u eroctod on the
<br /> Propeny insurod �imt lo�,v by,(iro,haz�rds includod wiU�in tha tcrm'exlended coveraQe" wd�ny dher haxiuds. lncludin�
<br /> floods ar floadin�,for which Lend�r roquires in�uro�noe.7fiis incuru�oe alwll bo m�inuined in the amounu�nd for thc period�
<br /> tlwt l.en�kr requircr. The inw�a�rrler providin�the insu�noe shall 6e clwRCn hy Bamnwcr cubjoct tu Len�der's�pprovd
<br /> which�hall not be unreasonably withheld. If Barmwer fa{Is to mwintoin ��nvcra�e descril�od wbovo, L.an�kr m�y,at Lender's
<br /> option,abtain oovernge to protect Lender's ri�hts in the Pmperty in acrnrdancc wi�h para�rnph 7.
<br /> '� All insuranco policfer nnd �enewuls ehall be wacptablc to Lender and rhMll iocludc a �tandard moMga�a cUwRe. L.ander
<br /> shall have the right to hold thc policiea nnd renewals.If I.endcr royui�,B�ttruw�r e�lwll promptly give w ls�wfer�I! rca:ipta of
<br /> paid prcmfutrre and renewal noticea. in tha ev6n1�f loca.Bomower dwll Qive pn�mpt nWirs to the in�wrrnce carrier and L�etider.
<br /> l.ender may mnke proof oP loas if not mnde promplly by Bortower.
<br /> �' Unlesa Lendar and Borrower otf�rwise ogree in w�ting.insuru�ce prrxoedR sholl be�ppliod to rcstontion���rcprir of the
<br /> Propeny drunaged,if the reatoration or repnir is economically fea.�ible and L�encftr'r e.ecuNty ia nnt lesscnal.lf the rcstoration or
<br /> r�epair is not oconomically fe�ible or L.ender's secudty would be kRSen�d.�he insucance praceeda�hall b¢applied to the surtts
<br /> , savrad by thix Securiry inattument.whcttucr or not then due, wW� uny e�ccess paid�o Borrowcr. If Barrawer abundons �he
<br /> Property.or does nqt anawer within 30 duys a�wtice fmm Lender thnl the insu�nce caRler has affered to settle a cl�im, Uun
<br /> � t Lender may coliect the insurnncY proceeda. Lender may use 1he proceods to repnir ar rcstore the Property or to pay surtw
<br /> i �' �• socuned by this Security instrument.whether or oot chen due. The 30�day period wlll begin when Ihe notice(s given,
<br /> ..,ti,,,;t Unless I.ender and Borrower otherwtse agme in writing, uny application af proceoda to princlpal shall oot eatend or
<br /> � :nrc �:�
<br /> ,.,,�. '• x postp�xrc thc dus detc of the monthly payments refern� to in paragraphs I wid 2 ot changc thc amaunt af the payments. If
<br /> :F, -'���� - -,�;�'�:::; under pangraph 21 the Property ia ncquired by Lender.Borrower's right to any iawrance policles end proceeds resuldng from
<br /> 4 ,�'i�ii
<br /> F ^ �� �=•'`�>�� • damage to the P�vperty prior W tha acquisition sholl pass to L.ender to the exknt oi the sumr secured by this SecuNty lnatrument
<br /> � •'' '`�,�.� immediately prior to the acquisitioa. �
<br /> �•,• ' �.o.�. ,a 6.Occu�pp�9,Precervation,Mainteaance aad Protection of the Property.Hnrrower a l.o�n Appltcation;l.eareholds.
<br /> ,�.���, ,;,��- �,,•� Borrower shel!uccupy,eawblish,and use the Properry au Borrower's princi�ml residence within sixty dayc uRer�he execution of '
<br /> i • " � this Securiry [astrvment and shall continue to occupy the Property ax Burrower's principnl recidence far at leost one year after
<br /> �;�.��°i ""`�iE'" the date of axupancy,unless Lender otherwise agrees in writing.which consent shall not be unre.a�onably withheW.or unless
<br /> , :.•;;'"'..�. eatenuating circumstances exist which are beyond Borrawer's control. Borcower shall not destroy. domage or impair the
<br /> ' • ' . Propeny, allow the Propeny to deterforate, ar commic waste on�he Pmperty. Born�wer shull be in defoult if any farfeiturc
<br /> � . � ection or proceeding. whether civil or criminal, is begun thut in Lender s good faith judgment could reeult in forfeiture of ths
<br /> . � ' Property or othenvise materially impair the lien cres►ted by this Security In�stmmen�or Lende�s�ecurity imerest. Bornower muy
<br /> ' �.•j„� s� cure such a default and rein�tutu.as provided in poragraph 18,by cousing the action or praceeding to be dismiRSed with u ruling
<br /> • -�,;, �� tMat, in Lender's good�faidY dat¢rmination. precludes Porfeiture of the Burrower's Inlen�t 1n the Propeny or aher materi�i
<br /> ; . impuirment of the lien c�atad by thi� Security inFtcumcot ar L.cnder's,ecuri�y imorcr�t. &�rrawer ahall alru�bc in doFnult if "R
<br /> � � � Borrawer.during the loen•applicotion process,gave mna:rially fulne or inaccurats information or stutements to Ixndar lor fvil�sd
<br /> �(. ; � �. , to provide Lender with any materiul informotion)in connecticxi wi�h thu I�iun evicknceJ hy the Note,including,bw na limitad
<br /> •. • , .. to,representations cancerning 8orrower's occupnncy of the P�uperty ue u principul residence. If this Securiry InFtrument iy un a
<br /> ;�: '����' . , • lea.sehold. Borrower shall comply with all the provisianF of the leare. IP Burrower acquiren fee tidc �o the Properey, tlta
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<br /> �: .���: .,.�- leasehold ond the iee tidc shall not merge unless I,endcr agreex to thc mcrger in writinp.
<br /> �• �- 7.Protecliaa oP I.ender's Rlghts in the Properh�.lf Ban��wer fuilc to perform the cnvenuntn und ugrsementx conluinad in• .
<br /> •`��+ - this Security lnstrument, nr there is a l��ul proceeding that may tiignificuntly affect l.ender'w ri�hle in thcr Aroperty I.ruab�wa a '"�'`
<br /> ,� � . ' �„ .. �• praceeding in bpnkruptcy,probnte, for candemnntion or forfciture or �o enfarcc luws or regulu�ion►�►, than l..ender may d��ond A,a
<br /> ��' pay for whatever is necessary to p�otect �he vulue of the Propeny anJ I.i:nJ�:r'x ri�h�x in thc Propeny. Lendar'.s actfans may ;,,,�:,s
<br /> �'•" include paying any sums secuced by a licn which hn� priarity over this Security Ins�niment, appearing in court, paying
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<br /> �' ' U reasanable uttomeys' fees and entering on the Propeny 1a makc rcpair,.Altlaugh L.cndor mi�y tuke uction undar 1hiN pursgiaph
<br /> u
<br /> , _ 7,l,ender does ncx have to do so. �'����
<br /> t � Any amaunts disbuned by Lcndcr under this paragraph 7�hall became aJJitional Jab1 nf &�rrower secu�d by this
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<br /> � . .. - Sacurity instruntcnt. Unlcss (kirr��wer unJ Lrudrr agr�r t��olhrr I�nttr uf puym�nl. Ih��c amuwU+.+I�uti beu� iu[u��t fr��nt Ihe
<br /> date of disbur.cement ot the N�nr ratc and �twU be }�ayahle. with interest,upon n�dicr irom Lcndcr to Burmwcr rcyucsting �
<br /> _ I�Yment.
<br /> � • 8.Morlga�e Insuranee.If Lendcr required mungagc in,ur:�nce u+a rondili.x�uf muking th�luun srrur��i by this Sccurity
<br /> . ' . Instrument, Borrower shull pay �he premium� reyuireci t�� maintain the mort�a�c inwranrc in cl'fert. It', fur any reaxin. �he
<br /> � mnrtgage intiurnnre c�wcragc reyuireJ hy Lender lap�es or ccu�rs i��tx in ef(�rt. B�►rn►��rr.hull puy thc prLmiurns reyuiRd to
<br /> ! � � ., obtnin coveroge substuntiully eyuivulent to the mongugr inYUrUnce pr��•iuusly in cl'Iccl,u�a cu+t.ub��untially eyuivulen� to the �.
<br /> cost to Borrower af thc monguge in�uranre prc�•iausly in etl'crl. fn.m an •rltrrnatr m�ingagc inyurer approved by Lcndcr. If �i
<br /> . � subtitantially equivulcnt mortgugc inrurance cu��cra�:c is m►t uvailaMe, &�rcuu•rr�hall pa�•tn LrnJcr rarh munth a tium equal ta �,��
<br /> � `, � one-twelfth of thc ycurly mongagr intiurAnce premium tking paid h}• B��rmwcr N Ikn�Ik in�uraixc ru��cragr I;�ps�•d�r�ru�ed to ;
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<br /> { �?::•. . be in effect. I.ender will ucccpt. use und�etc�in these paymcmti u. u I���. rr�cn�e in Ii�W of nu�rtguke in.urance. Iw», re+erve +
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<br /> Fo�m 3028 9/90
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