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<br /> � �° S. Hnrard or l�mpeMy [n.gurance.B��rmwer shnU keep the impmvcments nrnv cxi ti��r e ����� � �
<br /> � � � g Iierc�Rer erecte� on tPce
<br /> �• �,. P��i►�My jngur�d agninst 1�«hy fire, hur�rds inoluded within the term "extended cuvemge"und uny other ha��rdg, includiflg
<br /> . ., Il��udw or flaading. fur�vhich l.ender reyuitc� inFUrnnoe. This insurancc r;ha11 hc m�intuined in thc umuunts and For the periadx
<br /> thut[.cnder requires.Thc Insue�uicc currler pnividing the lnsumnce shall be rhoscn hy 8arr�wer subJect tu l.ender's npprovril
<br /> °.;Q� which xhuU not be unrcnsnnubly withheld.If Sc►rrowQ�fniis ta mninklin cuveyugc described ubove, i.ender m
<br /> ' . , �ption,abtain caveruge to protect Lender's cfghts in the Property in accordance wlth pumgrnph 7. �S'� At Lender's
<br /> . AU insumnea polieles und renewuls shalt be ucceptuble to L.ender and�hull include A sturtdaM mort�age claus�. i,encier
<br /> shull huve the rlght to hold the�licies and renewttis.If Lender r�:quires,Borrower shuli pramptly give ta I.cnder tt11 reseipis of �°""'
<br /> � puid prcmium::und renewnl natic�es.ln the event of loss,Borrower shull�ive prompt natice ro th�insurance carrier and Lender.
<br /> I.ender may make procif of tocs if not made pmmptly by Horrower. —
<br /> --- Unir�a i,ender and Borrower otherwise u�ree in wdtin�, insurAnce proceeds shall be applivd to restoration or repair of the
<br /> Property dnmaged, if the restorntion or repair is econamically feasible and I.ender's security is not lessened. If the restarntlon or
<br /> repair is not economically fea�ible or i.ender's security wauld be lessened,the insurance proce�eds shall ba npplIed ta the sums
<br /> secured by this Security Instrument, whether or not then due. with uny excess paid to Aorrower. If Barrower ubt►ndons the
<br /> Proparty,or does not snswer witMin 30 dAys a notice from Lender that the insurance carrier has affor+ed to seitfe a clsim. then
<br /> � A.eRder may collect the insurance proceeds. Lendei•may use the procceds ta repair or r+estone tha Pro�rty or to pay sums
<br /> securod by this Security Instrument,whether or not then due.The 30-day period will begin when the noticet!s given.
<br /> , Unless Lender and Borrower otherv�rise agree ;n writing, any application of proceeds ta pdttcipal shell nat extend or
<br /> •� '_� �rostPone the due dtite of the rteonth[
<br /> �� . under S�Pa}rmeacs refemed ¢o i�e paragraPhs 1 artd 2 or change the amount of the paymenhs. If
<br /> �paragraph 21 the Property ns acquired by LeRder.8or:arwer's d�ht to any insurance palfeies and proce�s iesu�ti�g�m
<br /> :.•�:,,°� datn�ge to the Prop�emy prior to the acqaisition s�ait pass tu fxnder¢o the extent of the sums secured by this Security Insttumertt �F v��
<br /> - immediately prior ta�the acquisition.
<br /> •° , 6.Occupancy� Preservation.Maintenanr�an�D Pcoi�tion of the Property;Borrower's Loan Applicattom,D.eas�ltuldv.
<br /> I3orroH•er shal!occupy,estab�ish,and use the Property as�o�r,�wer's principal residence within sixty days a8er the execution of
<br /> � this Security Instrument and shall continue to occupy the Prc�:+cKy as Borrower's principal residence for at least oe�e year after —
<br /> the Jap�of occupancy,uniess Lender othenvise agrees in wr6c�ng, which consent shall not be unreasonably wiehheld,or unless �
<br /> , ex!enuating circumstunces exist which are beyond Borrower's control. Bnnower shall not destroy, damage or impair the
<br /> " Propercy. allow the Property to deteriorate,or rommit wastc on the Propeny. Borrower shall be in default if any forfeiture �,
<br /> action or praceeding, whether civil or criminal, is begun that in Lender's gaod faith judgment could r�ult in forfeitur�e af the �
<br /> ' Property or otherwise materially impadr the lien cmated by this Securiry Instrument or l.emter's security interest. Borrower may ��
<br /> i,��k�;, �_
<br /> cure such a default and reinstate,as p�ovided in paragraph 1 g, by causing the action or prvoecding to be dismiued with a ruling T^�^: _
<br /> �� ,�� that, in Lender's Rood faith determination n=.,._i„d�s forfciiurc af ttrc &�rrower's interesc m the PropPrty or other material
<br /> ^ impa�rment of the lirn created by this 3ecurit} Instrument or I.ender's security interest. �oROwer shaU also be in default if '� ���'��
<br /> , Borrower,during the loan application proces.�,gF�ve materiully false or inaccurate informatiun or statements to Lertde�(or failed • f�.<
<br /> to pmvide L,ender with any materiai intarmation�in cunneca��+:���ith the loan evidenced by the Note,including,but not limited .•M�,;`;;�r=
<br /> to,�epa�esentations conceming Borro�v�r's occupancy of the Pr.�peny ati u principul residence. If this Security Instrument is on a ' �
<br /> leasehold, Borrower shatl comply with a11 Ihe provisianc of the leuse. If Borrower acquires fee ticl< to the Property, the iy�, --
<br /> leasehold and the fee title shall not merge un)�KS Lender agrecs to the merger in writing. o � ` '"
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