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<br /> , 3.ume�e�h,./et,� r.�eaeoG.E�m.ra.at�u toeep u� impev�a�s boa►.wa� ,
<br /> prcpeety imured apic�st bss b�r fiit,lunt+ds inciuded rvithin the term_"exteAded om�erage'aod my otikt 1�.Includie� , `
<br /> ' flouds a flooding.for wfiiclr irender Kquires inw��ce.7Uis itiwraoce sbafl be miitqsineA in the a�tsoueES�d Fcr the peciod�
<br /> `th�I.endet tec�nira.Thc i�catriea providing the iasursece atii�ll be cAosen by Borivwer w6jxt ta l.eeder's ap�piuval `
<br /> which s6all na be unna�onabty withheld. If Barmwer fails to mairtain oovenge descd6od above. I.ender msy,at t.a�der's
<br /> option.ofitaia oave�age to protect i,ender's cig6ts in the Propaty in aooundaace with puaS�f►7-
<br /> Ali intur�ce poliries a�rbnewals shall be�cc�ta6lo w t�ender and sh�ll inclade a s�daM matgage etaust. L�entkr _
<br /> st�li have tbe right to hokf the Poticies aod nnewalz.If Lrender nquins,Bonower shall PromptlY S�ve to I�ender a11 rooeiptc of
<br /> ' �id p[emiums and t�ral aotioes.tn the event of loss.Bomawer sl�aU give p�nmpt notia ta tl�e iawranoe cartier ud I.eoder.
<br /> Leader msy�ke pmof of loss if not madc P�mpttY by Bornnwer. ` � '
<br /> " Unless I�eoder md Bocrowa otherwise agre�in writing.iat�ax p�a�ods sl�li�e appliod to restar�tion oc n�ir of the
<br /> 1'nope�iY dart�8cd.if the Kstoration or repair is 000nomically feasible aad I.ender's security is aot kssened.If the restor�tion or .
<br /> �pair is not aoonanically feas�le or Lrender's soc�uity would be Issuned.the insuranoe proceods sl�all be applied w tho swns
<br /> secnred by this Sxurity Trnwment,arhether or mt then d�u�. wiUl my e�ccYSS�7ud to Bormwa. If Boaower al�ndoas t1�e
<br /> �- p�ope�ty.or does not uuwer within 30 days a i�otice fmm I.ender't6at tbe�ias�uu�oe carrier!ws o�ered w seule a cl�im,t6en
<br /> • Isnder may ooilect We i�uanoe groceeds- l.ender tmy use the procoeds w cepair or�rawne the Fimpe�ty or to pay wms
<br /> saared b3►this Sxurity Iusuittoau,whether or not then due.'i'he 30-day periad wi116egin afien the r�otia is given. .
<br /> Ilnless Ltndec;aad..B�mower otherwice agree in writing.ar►Y application of praaeds to qiacipal shall ant extend or
<br /> postpont the due date of ttic:moatlilY payments nfei�d to in p�ragiaphs 1 and 2 pr clvnge the amount of the paymdilts. If
<br /> under peragrnph 21�tlie,Prope�ty is aoqnined by I�eoder,Borrower's r.ght to auSr ias�uaaoe poticies ud pioceeds�sul6ng froa►
<br /> dau�ge ta tlic P�ope[t�i piior t9 t6e aoquirition s�all pass W l�tnda tn the extent nf ttie�sexvnd b,y tLis Sea�rity Instcumeot
<br /> imt�di�tety pcior to die;acqaisQiod-�: - �
<br /> 6.Ooaip4ncy,Pt+e�'�'vioe,�t�ooC aM Hn4+cdon ot tLe P►+apaiy;Bor�+nwet's Laon Appiicatio�;I.ea�d�ddr. .
<br /> , �Bw'�ower slwll oecupy;estab`lisli;md asa the P�openy as Botmwa's ptin�ipal tesidenoe within sixty dsys aRer the e,xavtioa of � .
<br /> dus Sau;iry Lisaumeai aind;sir�i!oaitinar to oa,upy the Property as Bonawa'S priacipot:esideore fa sc Iau ooe ye�sRa
<br /> the clate of ooia�pau�c.y.:�nless I�3er otberwise agroGS in writing,which rnesooc shatl mt be.uocr�soo�blY�vitLt�eld,or w�ias .
<br /> extawatin8 cincumstatioes:caiist which are bryond Borrower's coMm1. Bor�ower shall uot destroy. d�aRn�e ar impait the
<br /> .. Piopecty, allow the Prapecty to deteriorue,or coiprnit wasie on the Prope��r. Becmwer sUal1 be m default if ady fafeiWte
<br /> apion pr proaediag,whether civil or criminal.is begutl that in I.ender's good faifb jndgment cauld re.wlt in foifeitur�e of tI�e
<br /> �'ropesty or othenvise materially imp�ir t6e lien caatod by this Savrity tnstsument or L.eoder's saurity ituenst.Bormwer mry
<br /> � ture sueh a defaatt and reuiaate,as pravided in paragraph!8,by�the acxion ar praoaodiugro be dismicsed ari�h a�ling .
<br /> tltat. in Lender's good.faith determination, pncludes farFeitat�e of tfie Borrower's i�enst ia tBe PivpeKy or other anteri�l
<br /> i -- fmpaiiment of the lien'c�ratod by this Socuriry Ir�strument or l.e�kr's sawriry inuxa�t.Bomnwer s6a11�Ly�s.-�+e iq default if
<br /> i �orrowes,durin8 t6e loan applicatton p�uopss,gavt c�aterlally false or�rate inform�tion oc�cma�ts to:�dec(or f�ed
<br /> ' to'provide I.ender with any material information)in connection witH tt�e loan evideaced by the!!V�'�,including,but not limioed
<br /> ta,rep��atioac wnaming Bomower's oocup�ncy of the Propertg s�a�principal oesidenoe.If tbis Saa�ricy Iastn�ment is on s .
<br /> teasehold, Borrower shall oomply witl�'all the provisions of the te�. If Bormwer acqait+es fee tide to t6e Pmperty, ti� ; , .:.:`F
<br /> teasehoid a�ci the fa atte�not merge untess i.ender agras to the,imerger in�riw�g. ':.
<br /> 7.Prvtation oi I.e�es's RiglWs in the Property.If Borrower fails to perform the covenants and agreements oont�inod ia � ' '
<br /> this Securitg�s�strmnent,or there is a iegal proceeding that may s,ignificandy affect Lender's rights in the Pmperty(such�as�a
<br /> proeeeding in bankcuptcy,prabate, fcr aa�demnation or forfeiture or to enforce laws or tegulations),tlxn Lender mry do and
<br /> pay for whuever is ne�essary to pmtecf�he value a�che Property and Leader's rights in the Pmperty. Lender's saions msY
<br /> ., u�clude paying any sums securod by a lien whicb, fi.� priority over this 5ecurity Inctrument, appearing in oouit, pRyina
<br /> , :ce�somble�ttomeys'foe.a�and entering an the Pmperty'to make rcpairs.Althongb I,ender may taice acaion under this puapap�
<br /> 7,Leidcrdas not have to do so. � �
<br /> My�o�nts disbursed by I.erider under this paragraph 7 shall•become additional debt of Borrower securad bg�s '
<br /> Savrity It�urnent. Urr.less Borrower arW Lender agm to other tem�s of paymentt these amounts shall bear,interest fmba�1ia�.
<br /> date of disbtirsement�:die Note rate and shall 6e paya6le.with interest, apoa r,�ce.from Lender to Boi�u�r.tb�np� •
<br /> PaY�►��- , � . • . . ; ..:,.. .� .
<br /> 8.14jw�gtge inturanee.Tf Lender requind mortgage incurance as a condition o9 making t�ie loan sec�a�Rry'�is�v�l.y '
<br /> Iiutrumtnt.��orrower shall pay the premiums required to maintain the mortgaSe Insurance iri t-ifect. If. �.^c any reason�:'�he
<br /> mortgage i�rsuianoe coverage rcquired by Lender lapses ar cc�ses to be in effect.Borrower sh�dx:{s�},;f.he"pi�ms�quitrd w .•
<br /> � u6tain eaverage substanti�ty equivatent to the mortgage insuren�e preriously in effect.af a cost wbstastiai�y'eq�iv�lent to tl�e
<br /> cost to Borrower of the moRgage insurance previassly i�effect. from an altemate mongage�nwrec apprtN;yd by I.enckr. If
<br /> substantiallg equivalcnt mortgage insur�ax coverage is not avaifable.Bonower shall pay to Lenr�r exh moMh a sum awl to
<br /> onrtwelfth cf the yearly mortgage insitr�*�e premium being paid by Borrower when the insur�cecoverage lapsed or�eased�to
<br /> be in e�'ect.LeMer will acoept.use an�c�ttain these payments as a loss reserve in lieu of r�it�,.age insuranee. I.oss nsave
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