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<br /> s. H�+a ��fy L�...o.. eor,o+�er�hd� keep tbe impiovemaw ao�► e�d�la� ar na�a.11a�eroaea on rtis
<br /> Pmperty incurod apirat laa by flro.hwud�iaduded withL�tbe tum "eatended covcn�e"and�ny W!K►h�ardi,iacludiq�
<br /> flood�or Qoodir�.for which Lader�ogui�ea inwranoe.71�t inauance ciWl be m�qsiaed in the amaunu md for Ihe period�
<br /> thN L�endet roqui�.71k inwnmoe c�rria pmv(din�the inwru�ce sh�ll be cho�en by Borrawer wbject w L.mder'�aippmvv
<br /> whlch ehell not M�:unro��i+ly wlthheld. If Bixrnw� fdl�to m�intein cnver�ge der�cTihed�bave. L�ender m�y. �t Le�nda'a
<br /> aption.abWn ooven�e w protax Leidet'�ri�hu In the P�uperty in ieca�d�noo with prr�rnph 7.
<br /> All inwranoe pa8cia�nd ra�ewds ihall be aoapt�bl�w Lender ard slall iaclude a ctandord roortg�ge cl�u�e. Lw�ia
<br /> •h�ll h�ve the d�ht w hold the palkia�uxl rcnawds.If I.ader rcquim�Borrower�hall Promptly�ivo w[.eader all rooeipq of
<br /> P�Prcmivau ud reoewal naioea.In the event of lou.Borrower�lul!�ive prompt notioe a the insurance carrkr aad t.ender.
<br /> f l.etider m�y make proof of loss if aot mde prornplly by Bomuwrr.
<br /> Unkxs l�endc��nd Borrowcr othuwise a�ra in writing.inruran�e pnkeeds sh�ll be applied to restor�tion or nep�ir of Ibe
<br /> Property dam�god. if the�ratoration or rcp�fr is oounaNc�lly feasible ard I.eiwier's secu�fty is not lessenad.If the restoruion or
<br /> e�ep�ir i�not aonomk�liy fwible or I.ender't sp,v�ity would be leasened.the insuru�cc pnnceed:WWI bc�pplied to tho cums
<br /> secured by this Securiry In4uument. wheU�er or not thcn due. with wny excess paid to Bortuwer. If Bonower alwidon�the
<br /> Property.or dors not ancwer wltliln 30 daye a ootico from l�etider tl�t the insurarwe c�urler hos offerod to cettle�claim, tba�
<br /> Lrnder may oollxt tho iosur�xx pnoceods. Leider may use the pmooeds to rcpalr or restore the P�+npe�ty or w pay eums
<br /> secured by this Socudty Tnstrume,mt,wheN�er ar tat then due.The 30-day period wlll begin when thc notloB i:given.
<br /> Unless Lender and Bornnwer othorwise agroe in wrlting. a�ry application of pmcada to pritrcipal slwll not oxtend or
<br /> poatpone tha due due of the mauhly payment:�efeRed to in p�gcAphs 1 and 2 or change the amount of the p�ymaua. (f
<br /> . - . . n--- ulMk�pSnglAph 21 IhG P1�o�!!ty is BCquiibd by llifd��. Bomowa's right ta any lnsurance policies aM proceed�nesulting fiam
<br /> Ir(�""
<br /> dame�e w the Property Priar to the acquisidon si�ll pass to L,ender to t4e extent of the sums secured by this Security Iqspument
<br /> ��'� .� immediately prior to the acquisition.
<br /> � �
<br /> •����;-k;. , .�..:.Y 6.Oocuponcy,P�+e�ervatbn�Malotenaoce�nd Protection otthe Pt+nPerh'i Hornower'x I.oan AppBcalloa;I.easelald�.
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<br /> �.,'� � ,"��,:. Borrowor shAll oaupy.estwblish.and use[he Pruperty as Borrower's pr�ncipal reside,nce wfthin siaty dayc afler ttliee euecudan of
<br /> .. - •'-"`��, , thie Secudty Instn�ment end shalt coMinue to oaupy�he Property as Borrower's principal residence for at least one year after
<br /> - � .a�:�?;"'� . tha date of axupan�y. unlesa Lender otherwise agrea in writing,which oonseM shall not bo unrcasoiwbly withhoW.or unlas
<br /> '��c.`.•d *'• •M
<br /> �-�a •,,r,��,., ;r;�:'=� " ex�enuating cireumstances eaist which are beyond Borrower's crontrol. Borrower shell not destroy. daraage or impafr �he
<br /> ' �• � Property.allow the Property to detcrlorate, or wmmit waste on the PropeRy. Borrower shall bc in default if any forFeiture
<br /> -• ;;��.�'�,;,.;.`:..;,;�:; action or procoeding, whether civil or criminal.Is begun thet in Lender's good faith judgment could rcsult in forfeiture of 1he
<br /> ;��•"���r;:�•• ;. Property or otftervvise mate�ially impair the lien crcated by this Secur�ty instrument or Lender's security interest.Bormwer mwy
<br /> . ,.°.�`'' 'r . cure such e default and refnstate,as pmvided in puag�raQh 18,by cauaing the action or proceeding to be dismissed witF�a mling
<br /> . � � ,;' �� ,���• � thet. in Lender's good.faith determination, precludes forfeiture oP the Bortower's intemst in the Property or other meterial
<br /> � '.';';t, -, "': �. impairment of�he lien created by this Secur�ty Instrumant or L.ender's securiry interest. Borcower sha11 also be in defAUlt if
<br /> `• � '- ;�➢���'%,{�,�� I Bomower,during the loan applicatio�process,gave materially false or inaccurale inforniatbn or slatetnents to i,ender(dr faflod
<br /> � ° '��'^•�!+�i. r; to provjde[.ender with any matedal informetion)in rnnnection with the loan evidenced by the Note.includlog,bui not limitad
<br /> �'� // Iy�•/:ttY.�.�•-"• I �
<br /> �c� " � to.representationa concerning Borrower s occupancy of the Property as a principal residence. If this Securlty lnatrument is on a
<br /> . ' "•�:" �.' Icasehold, Horrower shall rnmply with all the provisions of the lease. If Borrower acquires fee title to the Property. the
<br /> +• • leasehold and the fee title shall not merge unless I.ender agrees to thc merger in writing.
<br /> �• • , . 7.Protectbn of I.ender's Rlghts In the Praperty. lf Borrawer fails to perfom�the covenants and sgreements contained in
<br /> � � ' this Security instrument,or there is a legal procaeding thnt may signific�ntly affect Lender's rights in the Property(such as a
<br /> �� •'..'• • procoeding in benkruptry.probate, for condemnation or forfeiwre or to enforce laws or regulations),then Lender rnuy do and
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<br /> �� , '!�.��,,,.iT� puy for whatever is necessary to protect the valne of the Propeny nnd Lender's rights in the Property. L.ender's actions moy
<br /> �{,��' , • : ,~•,�; include paying uny sums secured by a lien which has priority over this Security Instniment, appearing in murt, paying
<br /> . j , •- •... '•:�'_�;'. � reasorwble anomeys'fees and entering on thc Property to make repuirs. Although C.ender muy teke gction underthis paragrAph
<br /> �lrf .,,��,f' ;''.`: 7.I.ender daes not have to do sa.
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<br /> ;�''" �„'-' 't'����''` . Any umaunts disbursu3 by l.ender under this paragraph 7 shall become udditional debt of Borrower securcd by this
<br /> ��, ' •- " Securiry Instrument.Unless Borrower and Lender agrre to other terms of payment,thece umounts shall bear in�erest fmm the
<br /> � dute of disbursement at the Note rate and shall be payable, with interest, upon natice from l.ender to Borrower requesting
<br /> _ PaYment.
<br /> �' • � 8.Mortgage InsurAnee.If l.ender reyuircd mortgage intiurance us u cunJi�ion of muking the I�wn secured by tNis Security
<br /> �'� ��y I Instrument. Borrower sh�ll pry the premiums req��irod to maintuin the mortgagc imurancY:in effect. If, for any reason. �ha
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<br /> � _ ' mortgage insumnce coverage required by L.ender lapses or ceaces to be in eifert,Borrower shc�ll puy ehe premiums requircd to
<br /> � �... ;�'n��?�,, :� obtuin rnverage su6stantinlly equivalent to the mortgage insurAnce previourly in effect,ut u cost su6stantiully equivalent to the Y
<br /> .., , cost to Borrower of tl�e mortguge insurance previously in effect, frum an ultemute mongage insurer approvcd by l.ender.lf
<br /> '..�, , ` , . , substantiully equivelent monguge intiuranre cuvemgc is nu�availubl�, Bormwer�hull p•ry tii Lender cach munth a sum equal to ' f;
<br /> ;t � � one-twelflh of the yearly mortguge insurunce prcmium heiog paid by &►rrower when the insurance coveruge lapsod iir ecased to
<br /> �Z : be in effect.l.ender will acrept, use und rewin these payments as a loss rexrve in lieu of nwng:�e inyuranoe. Loss reaerve
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<br /> !('',f(� � s . ' Fam 3028 9190
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