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<br /> �':_-"'���::' � . S. Hs�ard or Pe�operty.insareno� Bomower shsll��eep;the�tmpm�temeuts naw�e�dst�ng or de�r tc�ed o�tb+e -
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<br /> - � 3£��",�':�� , progeity insured agaiast toss by fue. �a�rds iaciuded wIthin the t�mmt-'exfend�d�ove�ciga°,and•any at�.�s�s:instizdi�8 ,
<br /> .���:-'�..�;;�•".s. - --$oaosot`t�Sfi�#I�g;;�tiT—�_���tna�.gy.°°-�C��°tt�llmtntair�etl3n.ti�:mmnnnta�for�'pGt3Q�,4_. __- —
<br />_ ` , ,�:, �, � that Le�tdei requires.The insutance carrier pmvEding the insutanoe s�n(1 ee�osen by Bomo�rer subjo�t ta Leader's eppmval . �
<br /> - � ���`. 4 � which s�a1C�aat be un�sonaDly wlthhetd. If$orrower fsils to maintain ooverege describe�atsove..Leuder may� at LQade�'s ' .
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<br /> �-��°4: ��': option,vbtain coverage to pmtecE Lend�r's righis In the Property m�danee wiW paragragh?. , r � - .
<br /> %�'�'� , Ail iusuraaoe c�es and reaewats shalE 6e e co Lender and shall iacl�a smndard mortgage cl�. i�Wer
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<br />- �- . . ..: . sLal!bave the right ta hold tlte poltaes ttad r�ueaals.If Lendca�requires,Boxeowet stmll prumptly give to Lead�r all receipts of' .
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<br /> ;�:��':ti„�w-=;--=- - paid premiums end reuswa!�tices.In tfle event af loss.Borcu�ver shat!give pmmpt.aotice to the imSUiance cattiec and Lender:
<br /> '�` :` Lender may make proof of losg if not made prompdy by Horrower. . � -
<br /> - : �- � '� unless-L�eadcr aad Barnnwe=ut6ecarise_agaee 3n writing.[�ur�►ce�moeeds sStati he appiied t�ce�o;atio�gt iepatr_oF the- .-----.- �-----
<br />- " - '••'> .,. ,-� �P�Y�ged.if the resto:affon or r�air is eoonomically feas�te and Leader's set,vriry is not tesseaeQ.If the c�stoia�on or
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<br /> -:'�_4 .' r�aiT is not eoonomicaUy feasible or I.eader's security woWd be icssened,the insniarice piooe�ds shal!be applied to the sums _ --
<br /> - . ',• �. � � ,. seaired by this Sec�rity Insdmment, whether or net then due.with any excesc paid to Borrower. If Boiruwer ahattdons the
<br /> , _ "';''� ProPertY,or does not ansarer w[thin 30 days a notice t�L ender Wat the ins�aace c�rrier has offered w s�tte a claim,.theo
<br /> :'a'_�.��:�_�� Leader may oollea tl�e.fr�svzance.proceads. Leades may nse the pmaeeds to t�pair ar testoie the Property os co pay sums
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<br /> ��-�.`..:�., ���_ _ secuce�by this Sec9r3yTn�nu�at.cahether or aot ttien due.Ttie 30-day period witl 6egin whea the aotice is given. _
<br /> �;- ` ::•`�: :=,':``,".��;:; Unte� Ledder 'at�4.$orrower o�erwise agreE in wtiting, anY BPPlicatioa of procads to piincipal sLaU nut extead or ---
<br />- ---- ,.-`�,`-� pustponc the dae da�e��il��nthiy payments refemul to ia pacag�apLs 1 and�or cLavge the amonnt of�he-p�ayments.�If. -----
<br />- `�:L'�;v��'. s'L_' •,y:� �d�p��ph 21�ae L�agerty is ac�qvit�ed Dy Lender,Boriower's right to aay insuranoe policies and prooeeds t�esuiten$from .
<br />- _ ,. °`�;F`' � `_ damage to the Pronettyi�iior m the acquisition st�ali p�to I.ender to ihe exteat of th�sums secared by this Secwrity Iastr�ment - ---
<br /> � ,:.K°; iam�ia3el�r prior w the acquisiuon. • -`� —
<br /> �:': :_�=�''°: :.� .:'.`��. - Ma�iso.±an��d Proteeilou oYth2 Ptopeiiy;�oRC��uoen A 1tC8tI01r�Rtds:'
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<br />__�;:�,�-��'z_w��,':--- ' .Bc�t�r.��r�sha}!oxupy.estabfish.and use the Proge�iy as Borrower's principal r�sideace���sixtY da1+s after thc�e�a�on af ,�_=�--
<br /> i° �: •.�il�ns�Secur[ty Iasuument and sGall w�nue to vs�,the I�mperty as Bonowea�s�i�c,ipaT��esidence foz at least one year after �
<br /> �.` �'�:t8e.date af uttvPanCY.aaless Lender otherwisg�In arriting,which caa��s�ati not.Ese,qnreasonably withhetd,or untess
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<br /> . �i'. ext ,� 'ae:,cirwmstano�5.�is� wti:r�_.are Hey-riisd Horrower's cont�ol. Borriiwer sha�F'��estroy. damaSe or iarjr.t,ti the -_—_-
<br /> Pmpe�,a�low the 1'tugecty ro�_*�te,or oommit waste on the Property.Bono�c��St be in default if any ftr�eitute , _=
<br /> •• . ,`` action or�iroo�ding.wi�tiz�er civ�c�c�i�nal.is,6eguu that in Lender's guas��th jadga��conld resuit in forfeituie of the � _
<br /> �`_. . - . property or otliecwise i�^.�ai�atlyi i�i the liea�+i�ad by this Securtry 1ns�t or I.ender's seauity intetest Bomuwer may - • --
<br /> ' � ". cure such a default and iemstate.as�'videdin.par�aph 18.by causing the ac'tion or proc�eding to b�di�sed with a niling - — __
<br /> _ '�'�~' �,� `;��;�` .,' that. in Lender's good faith deterc�ee�oa, p�;�es forfeiture of the Borrower's itetec�st.'�a-the Pra�eeay�or other t�teria! . --�--�
<br /> ' � �;, ,,F�,�k:..-?.,, impairment of the lieu c�eated by x�s Secuary Insuvment or i.ender's security interest.�wer s1mlF�.aiso.be��.tit if
<br /> - F.� . . . Sorrower,dwip the loan licatiu�.� ---
<br /> '... .'�.`�� c S aPP ��+�aatetiallg fatse or inaa�rate infom�at�,c�cz�+ar�eiitc fo Leader.i�e�aEailed --
<br /> ? � .•s,:. , to provide Lender with any material i�ormauun�ia czi„nection with the luaII evidemoed by:tPi�:�'ote;�t�ch�ng,but ai�_�'mited ° -
<br /> . r . to.representations canceming Borrower's aavpaac�cz€the Proger�y as a p�resideace:.IE ihis S�}�Tnstrumeut�s vn a r
<br /> ;: ,'� teacehotd Bormwer shall co 1 avitD all the visions of B�tease. If��er aa^�s fee ti8e fo.the Pro the �
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<br /> =" �;.�..:� •,��:;. � leasehotd and the fee dde shall not isi�ge unless I.ender agnees w c6e merger in wcit;rig. . ��.. ~:`3�-----==_
<br /> : ; : .- ..�.�':':.�;;•:,'•`, 9.Yrotedioa oY Lender's Iiigt�in the Peoperty.If Borrower fails to perform the c��ants and agreements conta�ted in ;:�,�,: ._--
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<br /> thls Security Instrumen�or there is a legal proceeding that may significantly affect Lender s rights in the Prnperty(sucb as a "�
<br /> � ; .� � � proceeding in bankruptcy.probate,for condemnation ar forfeiture or to enforce laws or regulauons).then Lender may do and � . �� � : �
<br /> ' • pay for whatever is n � .° � `��'�
<br /> ; j , „ .. ecessary to protect the value of the Property and l.ender's rights in the Property. Lender s actions may
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<br /> . j , , � include paying any sumv secured by a lien which has priority over this Serurity Insutu�nt. nppearing in court. payiug , ��
<br /> . ' reasonabie attomeys'fees and enteri�s�on tha Prope�ty to make repairs. Although Lendet r�y taka action under this pazagaph �s;:��;`�::-
<br /> ; i;:. • � ' ' 7.l.ender does nat have to do so. �. .
<br /> : ' '.� • � � . Any amounu disbursed by Lender uader tlta paragraph 7 shall become additional debt of Boaower secured by this _
<br /> ? . Securiry Instrument. UNess Borrower and Ixrtder a�ree to other terms of payment.these amounts shall bear intet�st fmm the . _- _
<br /> ' date of disbursement at the Note rdte a�d shalt i�payable. aith.interest. upon notice from L.ender to Borrower t�q�t� ',.�=�-_
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<br /> •:. '� �� . Payment. � � -"_==
<br /> �� ` ' 8.Mortgege Insurartee.If L.ertder rec(uired mortgage insurance as a con�er.on of making the loan secured by this Sesui'ity -�=� �_—
<br /> �'i� Instrument. Borrower shall pay the�zemiums required to maintain the mortgage insurance in effect. if. for any m.ason. the � °
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<br /> • �;�r" ..;� , mortgage insurance rnverage reyuirad by l.ender lapses or ceases to 6e in effect.Barrower shal!pay the premiums required ta `,'.;s•::
<br /> =. ���• ��..���.:_`;��;,�` obtain rnverage substantially equivate�ct to the mortgage insur•utazpreviously in effect.at�sost substantially equivaler��s�:the .� :.3����:.
<br /> _ •.t+�� • . cost to Bomower of the mortgage ir.�:sance previously in effec�from an altemate mort� insurer approved by l,e�er. If .;�,_�..;
<br /> � ��`;•��°'•: substantially equivalent mortgage in�.rance wverage is not avaitable.Boaower shall pay�o�I.ender each month a sum equa!to
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<br /> :; f `' . � �� • ' on�twelfth of thc yearjy mortg�e ir,x�rancae premium being paid by Boaower when the insurance mveiage lapsed or ceased to . ...
<br /> ;� • 6e in effect.I.ender wili aa�aept.ase and retain these payments as a loss reserse in lien of mortgage insurance. Loss reserve �'
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