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<br /> `°°�'� pertods that L.ender trquires. Tke insusance cmrc3er pioviding tho inauranr.0 shuU bu�ho�en by I3arrotivcr�ubject to LQndrrA ��.__—__
<br /> -•- "�°=w`-'����� ' appmval which shnll noi be unreusonably wlthheld. rf�o:rower fails to ms�lntaln covernQe dese�ibed ubove,I.cnder mny�at
<br /> _�.-- .=�:�� fi.ender's optIun.o`utsh�t cav�ragc ta ptatect E.ertd.,–rk r}�ts ia thc�rogerty in eecordence w1t�t pn.rn.graph 7. -
<br /> -_,.�;��.�,r�r°1`- 4 : All insurunce policies nnd renewals sh�ll be acceptable to Lcnder and shatl rinett�de a sturtdard mortgnge clause. Lender - -_
<br /> shsU havs the rigbt to hold tha policIes und renewais. If Lencter requices,Horrower shull promptly give to Lender all recej�ta �
<br /> _.*�-*���:�•.��,� of paid premiums and rertewal notices. In the avent of l�ss.8orrower sha11 gtve prumpt nodce to the in+�uranco currler mid __ Y
<br /> �;.::�,.,,,.�,:;,;,.v,� Lcnder. Lxnder mny mnhe pmof of Eoss if not made promptly by Horrowar.
<br /> ��'�';�'�` '�u�S Unless Lender and Somower othet�vice agree in writin�,insurunce procee�shaU be epplied to reatoratton or t�aps�ir of � � -
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<br /> ,.��:r.'.�`-'�'.ti-,.. -
<br /> : .�.... �' � the Property dama�ed,If the reswration or repair ts economicaUy feasible and Lender`s secudty is not lessened. If the
<br /> •'�; '•. . � �',; reatoration or repair la not econam�cally feas i b le or I.en der�sec u r l ty woa l d be l ess e n e d. t h e insurance procceds ahall be
<br /> .. applied w the sums secured by this Security Insuument, w he t her or not t hen due,w i t h any oxcess p a I d w Bo aower. Lf �-
<br /> Borrower abandons the Properiy. or does not answer wlthin 30 days a nvttce from Lender that the Iasurance carrIer hris
<br /> . offered to settle a claim,then L,ender may collect the insurance proceeds. 1L�a�der may use the proceeds to re�alr or restor� __.__
<br /> thc Praperty ar to pay sums secured by this Secuxity Insmement,wlhethes or euz;tC�en d¢e. The 30-dny�peri�wdl begin wrhem �•_ _
<br /> _ Rhe natice is given. .��3'%�-�;
<br /> l.Tpless L,ender and Bonower utheewis�a re�en writn2 .an u licution of rviceeds to imci al sfiall rzut ext��►d or ��•fti:•��._.
<br /> � $ Y PP P F� P y��_s�i:���-
<br /> pos4pane the due date of the monBIl�ly�aynr.ertts referned to in paragraphs 1 and 2 or chenge the a�coun.t off th�paymen�s. Y� _--.-
<br /> under paragraph 21 the�rog�rry is acguined by Lendeq Bomowerk ri�ht to any lnsurance poticies and proceeds resuldng _
<br /> , � ftom damage to the Ptopeeky prioff eo tFte acquisition shall pass to Lender to the extent of the sums secured by this Security _,___
<br /> .�_t,�:, Insuument lmm�dia4ely pno�co the acquisittan. __Y_
<br /> , ,;�) 6. Occt��uunc�; P'r¢servallon, Matntenance and Protectfon of the Propertq; Borrower's Loan Appfication; ��,
<br /> ,,, �,:�`�},.��TLj.�,,�,.; l.eASrl�uSds. Borrower shatl occupy,establish,and use ti►e Property as Borrowerk pdne�pu!residence within sucty days et�er
<br /> .. �c,o���;�(�.� the execucion og this Security Instrument and shall continue to occupy the Property as Borrower�s princIpal resIdence for at �;��-�
<br /> ���-
<br /> Iea.St one year after the date of occupancy, unless Lender atherwlse agrees in writing, whIch consent shall not be �
<br /> �, unreaxinnably withheld,or unless extenuating circumstances exist whlch are beyond Borrower's control. Borrower shall not �:�,�=-
<br /> �--.:
<br /> deswy,damage or impair the Property,allow the Propsrty to deteriorate,or commit waste ort the Property. Borrower shall - --
<br /> Ue in default if any forfeiture action or proceeding,whether civil or criminat,is begun that in I.enderk good faith jud�ment -- --
<br /> ' could result in forfeiture of the Property or otherwise matcrialJy impair the lien cr+eated by this Security Instrnment or e�=
<br /> - Lender's security interest. Borrowet may cure such a default und reinstate,as ptovided in paragraph 18.by causing the acflon --_
<br /> vr pr�eeding to be dismissed with a ruling that,in Lender's good fuith determination.precludes forfelture of the Bnrrower�s ___—
<br /> interest in the Property or other material impairtnent of the lien created by this Security Insuument or I.ender's security
<br /> interest. Borrower shall also be in default if Bornower, during the loan appltcation process, gave materially false or __
<br /> ` � inaccurate informauon or statements to Lender(or failed to provide Lendcr with any material informatian)in connection with
<br /> �:,',•;:�;,�__ the loan evidenced by the Note, including, but not limited to, representations conceming Borrower!s accupancy of the --
<br /> 'i��•�''' Property ac a principal residence. If this Secunty Instrument is on a leasehoid,Borrower shail compIy with aiI the pruvisiu�is —
<br /> of the lease. If Borrower acquires fee titic to the Property,the lestsehold and the fee title shall not merge unless l.ender agi�ees
<br />=i' ' to the merger in writing. �
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