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<br /> ��:��:+`r;,�;,,„���..;� S. Ziaz�pd ar Prog::a4y Ir�u�ar.�. I3orroEVer shAl! ke�ep t1�a impmvemente ttotv existin� on c�fe�fter erectu! on th� __-
<br /> n,_��y� Property insnred against loss by fire. hauada included withln the term "extended�ovcraRe"Anci �ny othtr hnzar�s.Inclading
<br /> - - - -==-°'� Rouds�,fton�iing.for which lRnder re�uires insuranee. Tb;4 insurnnec+shnll lte mafntaln�!in tl�e nmaunta t�ttd fi�r th�g�sladc �_ ,
<br /> --:_�_�;,�y� that l.ender reyuires. 79�e insurartce ccurier provbding the insurnnoc shall bo chaccn by Rotrower fiubJect ta I�nder's�p�rav�l
<br /> �---=-= which shall rtot 6e unrensonubty wfthheld. If Borrower fuils to muintnin coveruIIe described aboWe, Letuler mny. nt Lender's
<br /> : :�,___.���;� optton,obtain covernge to protect I.ender's rights in the Property tn accordnnee wlth pura&raph 7.
<br /> y �-�., Ai! insurmice po{icies ajed renewx{s shatl be�ccepiable to Lcndcr und sti�i! Liciudc a s4vzdnrd n►or�gagc clause. I.ender
<br /> ,.__�r��,� shall have the right to hold the policies and renewuls. If Lender requi�e.v,Barrower shull pmmptiy give to Lender a11 roceipts of —
<br /> - `__���°.,�„� paid premiums and renewul notl�.es.In the event of loss.Borrawer shall give prompt notice t•�the insurortce c.�rrier nnd l.ender.
<br /> -`"""'"p`J'�y",{�'"''�� Lender rtusy make proof of loss if not made promptiy 6y Bor•ower. -
<br /> —•S"�T f„�
<br /> -`�=���;-��;� Untess[,ender and Borrower otherwise agree in writing,fisurnnce praceads shall be applied to r�storatian or repair of the
<br /> J�'�.4�`' ..��:� Prope�ty damn�od,tf th�reswration or eepair is economicapy feasible and Lender's s�curity is not lessened.If the restoratlon or
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<br /> =-- �i:��, repair ts nat economicatly feasible or leYr.der's security would be Icssencd. tha insurance proceeds shal)be appltrxl to the sums ---
<br /> :=�,�4'�+����;';:. ,. secu�r.d by this SECUrity Insnum�nt, wPedher or aot t�en due, with any excess paid to Borrowr.r. If Bomower abandons the
<br /> , ��:� ";��'� Penperty.or daes nai ansvr�r wieivn 30 d.�ys�aatic¢from L.ender tluit the insurance currfe�tuw offered to settle a ctaim.then
<br /> . _ �' � �.� L,ender may ooDEece ehc inse�eaace pnaceads. fl.ertder crray i�se the Qracee�s to mp�aie or restore the Property or to pay suma
<br /> • .�y�, Eecured by this�ecvrity Ic�s¢uument,whenfms wr not tken dae.The 30-day gedai will Qiegnn wh¢n thee nottce is given.
<br /> �+- �� � F iF�.i, Unless Lemder art:3 �rrower otherernsr agree in evri¢irtg, any application oi g�c�¢seads co principal shall rtot ext¢nd or
<br /> �:'}.E�:.s;••,f • postpone the due date of tt'�e monthly payments refemmd to in paragraphs I art�2 or c4iange t[�r�amount of the payments. If _
<br /> ,�1;�'t���$ 'k�t'°`'�. P $ P �nY 9 Y S Y Po P � • •
<br /> �:���� �,. under ara ra h 2t the�ra �s ac uired b I.ender. Barrower's rt ht to un insueance 4ccies and rooeeds resultln from
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<br /> �;;qy�,�r .�� �;V dnmage to the Property prior to the acquisition shall pass to I.ender to the extent of tPee sinms ss�urod by ihis Secudty Instrument —
<br /> � `°''�� immadiately prior to the acquisition. ___
<br /> ..,� � 6.Oecupancy,Preserora¢�r�n,Maiu�¢enance and Protection of the Propecty;Borrower's 9.aau�Application; Leaseholds.
<br /> :}� Borrower shall occupy,estalblu�'�,and use the Property as Rarrower's principal residertce withire sixty days after the exeation of
<br /> ..,,,� � ., this Serurity Instrument arts�shall continue to occupy the Property as Borrower's prnRCipal residence for at�e�as,t one year after '"
<br /> :?'i�}.�>. the date of occupancy,unless Lender othenvise agrees ia writing,which consent sP��CI rtot be urtreasonably withheld.or unless -.
<br /> ' eztenuating circumstances exist which are beyond Borrower's cantrol. Borrower shall rtuL dectroy. damage or impair the
<br /> ° Properry, allow the Property to deteriorate, or rnmmit waste on the t'roperty. Borrower shall be in default if any forfeiture
<br /> action or procceding,whether civil or criminal, is begun that in I.ender's good faith jud�ment could r�ult in forfeiture of the
<br /> - ' Property or oth�rwise materially impair the lien created by this Security Instrument or I.endePs security interest.Borrower may
<br /> �,µ � cure such a deiauit and reinstate,as prnvided in pa�agraph i 8,by causing ehe accion or pmceeding to be dismissed with a ouling '
<br /> %' '�'?f �' that, in Lender's good�faith determination, precludes forfeiture of the Borrower's interest in ihe Pmperty or other material
<br /> . !�'�1rr, impairment c�f the lien crcated by this Security Instrument or I.ender's security interest. Borrower shall also be in default if
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<br /> ,,`t�""',;'�%p�'::,{S, Borrc��ver.durirt�the loan appliration pracess,gave materially false or inaccurate infom�ation ar s¢atements to I.ender(or falled
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<br /> ,..2,�, '�`.,,;�.�,,,l1 rto pmvide Len�er with any material information)in cannection with the loun evidene:ed by the Note,including,but not limited
<br /> .:;iti�F•,•. �.,,,,.{yt,� � cu, repn�.n�..iic��cs c�uncerecatg Borcower's occupancy of che Property as a principal re5idence. If this Securiry Inc�nrment is on a
<br /> . • ;i�;�;���,,�, lraseholJl. 4�:�r.^-+..� shatl comply with all the provisions of the Iwse. If Borrawer acquires fee title to the F'roperty, t6�e
<br /> , , ,i,��t�{J� leasehold a�o-a ct.:F�r aiele shalf not mergr unless I.ender agr�eec to the merger in writing. ___
<br /> ti.r;,��,' �;. 7.Protectiun u�?limart�er's Rights ln the Propert��.If Borrower fails to perform tl�e covenants and agreements containcd in —:-�
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<br /> .r•�.r this Securiry Instrumett�.�Tr chere is a Iegal proceeding that may significantly affece l.ender's rights in the PropeRy(such as a
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<br /> `•�,.�Si:i: ::`'.Er;. procceding in bankrups�}_ �mbute, for condemnation or fc�rfeitum or to enforcc laws or mgulations), then Lender may do and �'f`��"
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<br /> • .;. .f};:,r.�.;�� pay for whatever is neces,�n, to pmtect the vatuc of thc Pmperty and L.ender's rights in the Property. L.ender's r.Mions muy ��
<br /> �;''�•"'' include a �n an sumti �ecured b� a lien u�hich has norit over this Securit Instrument, a n in court, payin
<br /> L,�•`;,- P Y� F Y P � Y Y PP� g S
<br /> �rit'.;¢�' reasonable attorneys' fees and entcrie�,rrz thc Property to mal:c repain.Although[.ender may take action under this paragraph
<br /> ,�,•; 7,Lender does not have t���!:�cu.
<br /> Any amounts di.l��r.��,C �� Lxrt�lLr under th�• c�.aragraph 7 �ha1l tk�ome aJditiunal debt of Borrower secured by this
<br /> '''"' Securit insttuntent. l.REr..��rrot,er ac��L,ender a•ree to othe�terni.��f a ment, the�e amounts shall bear interest from the
<br /> , ,��y,�., y. � P.�. ,.
<br /> �° �. :- date of di.:`nxn.:�nent �c u.�e Notr rau� :uxi .ha11 be px�•ahie. ��ich ia:�re+t, upon notirc froin i.ender �o Borrower requesting o
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<br /> payment.
<br /> � 8.1lortga�e irtes�ea�a,a�ir.if I..c�der rcyuir�ti!mortgage in,uranre u.a cun�letee�n s�f mal:ing ihe toan secural by thi�Security °
<br /> '.;:`t Instrument. Borrower ska9J ��• the premium+ reyuircd a� m•rintain the m��rt�ar�c irn.arance in effect. If. for any reason, the �S
<br /> ''' mortgage ir�curactte co�eragt iryuimd b�•Lendrr Isp.c���r rea.c.�to lx m rffert. �:�rm�.rr.'�all pay the premium�:required to
<br /> ,'!�s' obtain rn�•erage �ub•tantially equi�alent ta the miing:�gr in.uranre�rc�iou�lq in effi�t, st a��,�a .uhstantially equivalent tc�e[te
<br /> '�'� mst to Borm���er of the memgage imuranre pre�i��u.h in cffetit. 6r<cm an altemate mc�n_a��crr.urer appmved by Lender. If
<br /> �utxtanliall� equi��alcnr.amTrtgsge in�uran�c�u�crage i. not a��ail�Me. &�rrm�cr.h;�ll pa� tu Lender each month a sum equal to
<br /> onc-twelfth o!thc�•e��rtr rr.hmgage in.ur.m�r pmmium hemg paid M �,�mDaer e.h�n the inwran�r�r��erage I:�psed or rea.se�i to '}�
<br /> ' be in effe�t. Lender uill arrcpt. u�e and nta�n th�yr pa�ment.a+ a I���. r��re��n I�eu of murtgage imurance. Loss cievtne �••,
<br /> Form 302t� �'9�
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