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<br /> ' ���--•� � perioda thut l.ender reyuices. The insurunce cArder praviding the insumnce shnN be chosen by 8o er }e u Lender'�
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<br /> ' urprovnl which ehnll not be unrea.ganably withheld. If Bonawe�fuila u�n�uintuin caveruge described abovc,Lender may.ut �'-' ` `
<br /> l.enderk apdon,abtoin cavernge to protect Lender!►rfghta in the Praperty in arcardunce with purugrnph 7.
<br /> � , All in�urnnco poitcies snd renewalx shall be acceptabte ta Lender und xhull include u htundani martgAge clauee. Lender
<br /> �.� shall hnve the dght to hold the policjes and rencwuls. If Lender mquires.Bonower stiali promptly give ta L.ender ali receipts
<br /> _ - - of puid premiums and mnew n l nut iceg. In t he event o f toss,Borrawer s hal l g tve pmmpt nodce to the insurance cwsier aed `— -
<br /> ..�.:. �: � Lender, I.ender may mnke proaf of laxs if nat madc pramptly by Borcower.
<br /> d i, UNet�»Lendcr and Barrower otherwise ugrce in writing,insurnnce proceeds shuti be upplied to restorntion or mpair of � --- - - - �
<br />_ �' � tho Property damuged, if the r�estorntion ar repuir is econamically feusibte und Lenderk xecurtty ia nat 1e5sened. If the - - --
<br /> `.� :.,,: ys � reatoration a�repAir is not ecanamicnlly feusible or Lender� securiry would be lestiened, the insurance proceeds Fhall be
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<br /> � � iI�Y�'P:�.�l� applted ta the suma sccured by thts Secudty Instrument.whether or nat then due,with uny exce�s pa�d to Borrower. If
<br /> • „��;;�.'�,,t,,i�t ;_,� Bortower abandons the Property. or does nat answcr within 30 dnys u notice from Lender thut the insurnnce carrier has __ _
<br /> �;<_+��` •'+;�t1�`� offered to�ettle u claim,then I.ender may collect the insurance proceeds. Lender muy usc the praceeds to rep�ir or restom �°°
<br /> e�''�""`'�;"'-�'�•.`'. the PropeRy or to pay AumR secured by this Security Instrument,whether or not then due. The 30-day perlod wjq begin when �_ ,�—
<br /> ' . «'.� ' �'S` the notice ia given. �----=---'=
<br /> � .� ;. ..::�,tis ���_:°-�-.:_r.=._
<br /> Unless Lender and Horrower otherwise ag�ee in wr�ting,w►y application of procerds to principul shaU not extend or �, �.
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<br /> a `': '� ' postpone the due date of the monthly payments refertrd ta in purngrnphs 1 und 2 or change the amount of the paymentc. If �<-.a
<br /> J� .F�,; •, ' "; . under puragraph 21 the Property is acquired by Lender, Borrowery rfght ta pny insurunce palicies and proceeds resultin� � r�1; ,� ••�.�-
<br /> from damu e to the Pro rt nor to the uc uisltion shull uxs ta Lender ta the extent of the sums secured b this Securl ','�� �"'`�`'� ` -
<br /> ' . 6 Pe Y P� H P Y tY . t+i�siikf�'��;.:
<br /> ' � :'� � •• Insttument imme d iate ly prior to the acqui+itfon. :.ic_-'_��=.r=—_:
<br /> �� � • 6. Occupssncy� Prese�vution, Matntenance nnd Protection of the Propertys Barrower's I.onn Applicatton; •�•��`_`-=__-
<br /> • � - - Leaseholds. Borrower tihnl!occupy,establirh,end use the Property Ac sattower:principul residence within slxty dnys nfter , . •.�'=— _
<br /> -- -" -"��'- the execution of this Secunty Instrument and shalt cuntinue to acupy the Propeny u.+Bu��uwc,;p�.���ipat i�aldcncc far ai =- -_� '"_-�.--
<br /> � ,,: ,° lenst one year after the date of occupuncy, unless Lender othenvise ugrecs in writing, which coment shall not bo ;� -f
<br /> unreasonably withheld,or unless extenuutin�circumstuncex exixt which ure beyand Borrowerk cantrol. Borrower zhall nat ���;+►�:r��...
<br /> '' destroy,damuge or impair the Property,ullow thc Propcny to deteriorute,or commit wa�+te on the Property. Borrower shall '� �'"='A
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<br /> • be in defuult if any farteitum action or proceeding,whether civil or crlminul,is begun that in Lendert good fuith judgment .h
<br /> � could result in forfefture of the Property ar otherwise muteriully impuir the lien crauted by this Security Instn�ment or ;����• �`
<br /> Lender!s secudty interest. Borrower muy cum such u defuult und reinstate,us provided in parngmph 1 S,by causing the action �•"`,�,��
<br /> , , . ' or proceeding to be ditimissed with u ruling thut,in Lendcrk good fuith determination,prectudes farfeiture of the Borrower�s � �
<br /> ° interest in the Pcoperty or other muteriul impuirtnent of the lien creuted by this Security In,trument or Lender!s security "`�;.�..
<br /> interest. Borrower shull also be in default if Borrower, during the loun upplicutton procesx,guve muteriully fulse or -
<br /> �� inuccumte infom�ution or statements to Lender(or fuiled to provide Lender with uny muteriul infortnat ion)in connection wIth " ' '
<br /> the loan evidenced by the Note, including, but not timited to, represeatatians concerning 9orrower� occupuncy of the .
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<br /> FNpCtiy aa U�Ciiii��d!id+It�ztii.d. If ihis accurity Insirurncnt is an a tcaschatd.Bnrroucr�hall cornpfy with alt ihc pmvi�ion; ,;- .
<br /> , of the Icase. If Borrower ucquires fcc titic to the Property,the leusehold und thc fec titlr shall not mcrgc unless Lender ugcres
<br /> • to the merger in writing. ,. _
<br /> � 7. Protection of Lender•s Righ�g in the Pruperty. lf Bomowcr f,�ils to perform the covenants and ngreemcnts •. �,
<br /> contained in this Security Instrument, or therc is u Iegul prcxeedin� that may significantly uffect l.ender's dghts in the ��' �
<br /> Property(such us a pracecdin�in bankruptcy,probute,for rondemnutian or forteitum or to enforce luws or regulations),then ��� •
<br /> . Lender muy do and pay for whutever is necessury to protect the vutue ot thc t'ro�rty und Lender's righis in thr Fruprny. -
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