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<br /> S. fl�rard or Ar+qwsrty Iawttaoe. Hanower rhtll {ceep the impmvenxnti now exiuing ar hereaRer erocted on the
<br /> Pn►perty inaured �in�t!au by fire, tw�anlr includod wlthin thc tcrm "eztendod covcrege"rnd any other hwrd�, in�ludin�
<br /> floods n;floodin�,for which l.andor roquirea inrurance.This insurAnce aiatl be r�ulnlainod In tha amou�t��txl for the p�criods
<br /> that L.eixier requirer. The inw�ncr.carrier pmvidin�{the insu�uxY�slwll t+e ciwr:en by &rrrawer wbjat to Lender'x approval
<br /> which �baU rwt tx un�a�eon�bly withheld. If q��m�wcr f�il�tn rn�intrin mvcr�gc de�ribod�bove, Laixkr mry. u Lender'�
<br /> �ptfon,abt�in cover��e to pratect Leixier'x rlQhtc in the Pmpeny in ucco�unce wuh p�ra�ruph 7.
<br /> All insunu�ce pulicies a�xi rcnew�l�xhull br�cceptwbk w �.eixie��ni�hull include u strnciard mony�ye clause. l.ender
<br /> - �----=�--- rh:�ll iwvc thc ri�lu A►Iwld Aw puliclu aixl t�ukwalh. If L�:talc;r ru{ulrc�, [i�m�uwcc�Iwl l pru��y�t1y givc ta L.cndcr all rccclpts of
<br /> pj►i�i premiums ynd rcnawal notice►. In the event of lass.Horrower�twll�ive prompt natfce tu the lruurar�ce carrier and l.etxler.
<br /> _ l.enciu�iwy�u�kc praof oF loss if mt rtwde prumptly by Borcuwer.
<br /> Unle�a Lender a�xi&nrower otherwise agree in writing,insurance pmceeds shull be applied to restor�tian ar rcpair uf the
<br /> Prc�peny da��wgod,if the rostoratian or repair is eeonomicully fea�cible anci l.ender's saurity is twt Iessened. if the restoration or
<br /> rcp•rir is�wt oconomicully feasible or l.ender's security wauld be Iesseiu�oid,the insuranca procceds shull be appliod to the sums
<br /> Fccurcd by this Sccurity Instrununt, whcthcr or aot thcn duc, with any cxc�ss �rid to Bc�rrawcr. If &►nowcr abandans the
<br /> Property, or does not aaswer within 30 days u notice from I.ender thut the insu�ance carrfer hus oFferod to setUe a rl�im,then
<br /> Lender mry collect the in,urance prucec�l.r. I.encfer mry us:e the praceed+ to repair or resto►�c the Property or to pay sums
<br /> secured by this Security lntitrument, whcther or not then Juc. The 30-day period will ticbin when the nolicc is given.
<br /> Unlesx l.endcr And Bortawcr athenvise agree in writing, any applicution of prcueods to principal shall nat extend ar
<br /> - postponc thc due dsite oP the monthiy payme�ts rcfcrral to in parugraphx I und 2 or changc the amount of the payments. lf
<br /> _- under puragraph 2t the Property is acyuired by Lender, Borrower's right to any insurance policies and procee�s resulting from
<br /> .-",r dumuge to the 1'�operty prior t�the ucquisitian shall p;us t�►l.ender to the extent of the sums securod by this Socurity lnstrument
<br /> immediatcly prior to thc ucquisition.
<br /> 6.Occupancy,PreservAtion,M�►intenwnce and Protection at the Property; Borr�►w�er's I,oan Appl(cAtion;I.easeholds.
<br /> Borrower shaU occupy,est:►blish,and use the Property u,&►rrower's principul resideixe within sixty duys after the execution of
<br /> �` this Security lnstrument and shall continue to uccupy thc Property as&xrower's principal reaidence Fo� at Ieast one year after
<br /> ' the date of occuFwncy. unless L.ender othenvise asrees in writins. which consent �hall not be unreasonabfy withheld.or unless
<br /> extenuuting circum+tances exist which are beyond Borrower'r cantnil. &�rrower sh:tll not detitroy. damage or impair the
<br /> � Property, uilow the Property tu deteriorate, or c�immit wustc on the Property. Born►wcr�hull bc in default if Any forfeiturc
<br /> - action or pruceaiing, whether ci��il or criminal, is begun that in L.ender's gaxl faithjudgment could result in forfeiture of'the
<br /> . Praperty or othc�wise materially impair the lien creutcd by tbis Security Instrumcnt or L.cndcr's sccurity interest. Borrower m•ry
<br /> ' cure such a default and reinstate,as provided in purugraph 18,by causing the action or pracec�ing to be dismissed with a tviing
<br />� �' � - � ' tha[, in Lendcr's good faith determination, preciudes forfeiturc of the Horrowcr`s ineerest in the Propeny or other materiai
<br /> ���,� impairmcnt of the licn created by this Security i�strument ur l.ender's sccurity interest. Borrower shall alxo be in default if
<br /> '� � � � � `�'� Boaower,during the loan application process,gave materiully ful.e or inaccurute informatinn or statements to I.ender(or failed
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<br /> to provide L.ender with any material information)in conncction with the loan cvidenced hy the Note,including, but not limited
<br /> ' .�,;:,•'-; to,repre.sentations concerning Borrower's accupanry of the Property as u principal rcsidence.If this Securiry Instrument is on a
<br /> _ .m ;«._.x..•.:.- `
<br /> � � y�z�,x,,:_,..r„S: Ieasehold, Borrower shall comply with uU the provisiuns of ihe Icace. If &�rrower acquires fc�e title to the Property. the
<br /> a � ., e. leasehold and the fce tide shall not merge unless Lender ugrces tu the mergcr in writing.
<br /> '� ` '����.''��" 7.Protection of Lender's Ri�hts in the Property.If Burrowcr fails to perform thc covenants and agreements c�nwined in
<br /> .. '�`r.-�•:,�s�
<br /> this Security Instrument, or there is u Icgul pnxecding thut may significantly affect Lender's rights in the Property (such as a -
<br /> �: ,y��,�� proceeding in bunkruptcy, probatr, tix co�idemnation or fiufeiture or to enforre taws<ir regulation�l, then I.ender may do and _
<br /> - �""""' ` pay for whatever is necessary to prutect the valuc nf the Pro�xrty and Lender's rights in the Property. I.ender's actions may
<br /> ,a- c.�iw;:,�::�_.� •..
<br /> •�}• yxy�,}}�,a�:���':�� includc paying any sums scrured by a i�cn whirh hus prioriry �rver thic Security [nstrument, appearing in court, paying
<br /> - � ye��rt!�>`�tt4ar �.
<br /> reationable•rttorney.s' fees and entcring on the Prop�:rty to make repair+. Although l,cnci�r may takc uction under this paragraph
<br /> .��.�'a.'�'�.,,., -
<br /> ,.,�t,u,,,,;.,�,,,.�•,�,�.��.� 7. l.cnder docti nat havc t��do so.
<br /> - .i•�;,; :- '.� -• Any umountc diaburseJ by Le:ndcr under thiti p•rragruph 7 ,hall becomc additio�ial debt ot&�rrnwer secured by this
<br /> ", `'�'`�`' Security Instrument. Unlesx Bc��rower und [.cnder agrce to�nhrr tcrm,of paymcnt,thcu anxwnts,hull beur interest frum the
<br /> ''�� •s�: datc of Jixbursemcnt ut the Note rate unJ shall be payublc, �vith intcrest. upon nrnicc from Ixnder to Bonower requesting
<br /> `�'p�:,"".` , puymcnt.
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<br /> . _,�,�:,._ '. 8.MortAage Insurance.If[.cnJer reyuired m��ngage inwrarne us u ronditi�in of rnuking the loan tiecurod by this Scrurity
<br /> ' � � Instrument. Borrower sh�ll pay the premiums requircd to nmint�in thc m��rtgugc in�uranre �n eftert. It, t�r uny rcaK+n, the -
<br /> � � ` �`�'�� mon�u c in,uranre covera c rr uircJ b LcnJer lu u,or ccatic� to hc in effect, &+rrower shall av thr remiums re uiral tc�
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<br /> - obtuin covcruge tiuhstantially equivalent to the mortgagr inwranrc previous�y in eff��t, •rt a rost wb,tuntially eyuivulent ro the
<br />" "�'�;"�. t` ci�st to Borrowcr of the mottgagc insurancc pttviously in rff'cct, frc,m un ultcrnatc m�mgugc imurcr apprcweJ by I.rndcc If
<br /> • '�`' �ubst:�ntially cyuivalent mortgage insurance rc�vera�r is nut uvail•rhlr, Borr�iwer shall p��y t�� Lender rach month a wm eyuul to f
<br /> ' . onc-twelf'th uf the yearly numgage inwranre premium hcin� paiJ hy &�rrow•er whcn the intiurancr cuvcrage lapsed or cea�eJ to
<br /> ° be in effect. Lcndcr wilt accept, usr and rrtain thc,r paymrnt,;�� u lo.. rr�crvc in licu c�f mottgage insumnre. L�ns rescrvc
<br /> F'
<br /> _ � Form 3028 8180 �
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