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<br /> 9��.os.� �' � 94-�.o�s . .
<br /> S. Huard nr Y�aperty Inss�rnttce. 8arca�wer shali keep tlia t�npmeFments naw xaiet�ng or he�ftxr erated on the
<br /> - ---�_.---�_— �rap:,rty insurrdn�ainst loss Isy firc. Il:l:l.'II1�5IRCIlt�C�Wj1IlI11 4IlC ICf171 "exten�ed r�vcraer"nRCi nny oth�r harards,in.lu�iin�
<br /> tlaads or floaling. for whlch Lender sequires insurance.Thi�ir�5uranca shaRl be rnainta3ned in�he�unts ancl for tho periuds
<br /> that I:er+der«quires.Tho�nsurance catriar pmvfding the insurrnce sMli 6e chos�n by Honower subJect to l.endePa Approv�l
<br /> which shult not be unreasonably withheld. If Boirower fails w rrr�(ntain coverage dascrtba!abc�vx,Lender may. at I,ender'�
<br /> — option,obtxin�nverage to protect Lender's rights in the Property Its accorda�xe with par�gt�xph'7. ,
<br /> All ensurance policies c�nd�enevwals shait I�occeptable to�Lend�r and nhall i�clude s ste,ndard mortgage clause. I.ender
<br /> - � - � —� shall hav�the�iglii to bold tiio palic;��axtct r:a�;wals.If I.c�ul�x r.:�ulcra;flarraw�;r.h�!prampuy�ivc to I.�ttdcr a!1 re�tpt�of -
<br /> paid promiums and renewu!noticos,'ti�it►e event of loss.Barrower shall give pmmpt notice to the insuru�ce carrla�nd I.ender.
<br /> Lander may mako pruof of loss if n�t�iade prom�►tly by Horrower.
<br /> Unless Lender and Eomowcr qthcsrwise agree in wddng.I�SUf'BJtCC pPOC�CdA FI18II bC IIpQI�lX�LO fk4�Ql8[IpD O!['CpYII Of lAC
<br /> Propeny.��m�ed, if the restomtion or repair is economically feasibte and Lender's securIty is not Iessened.If tho restoratiun or
<br /> repair is m�t economically feasible ar L.ender's secur�ty would bo lcssened.the insurancc pfr9oeada shdl 6e applied to the sums
<br />=— — seeured by thts Security iasttument, whethcr or nat then due. with nny excess pAld to Bottptver. IP Barrower abamiuns thc
<br /> Ptopetty. or docs not answer wlthin 30 deys a n�tice from lxnder thut the insurunce cutrlcr has offetod to settle A¢lairn.then
<br /> , Lender may collect the insurnnce proceeds. Lender mny use the pmc�s tu repair ur restore thse Property or ta pay sums
<br />_''' secured by thi�s Serurity Instn�ment.whether c�r not shen due.Tha 30-duy peri�x!witl hegin when Ihe nosico ia�ivcn.
<br /> -= Unless Lcnder and Bonawer oihcrwis�agr�c in writing. ai�y uppliratfan of proards t�� pripcfpal c.hall nut cxtcnd nr
<br /> " — — postpone tho due date oF thc manthly pnymentx rcfemd to in paragrnphs f uod 2 or chungo thc umount of tl�e pAynnentg. I�
<br /> __ _ under paragroph 21 the PrapeRy is acquired by l.ender.Borrowcr'��Ight to nny insururxx pulicics and proceeds resuldng from
<br /> -- dnmage to the Property pdar ta the acqufsition shall puss eo Lsnder to th.extent af the sums Fecured by this 3ecuriry tnstrument
<br /> � immediatety prior ta the aequieition.
<br /> 6.�ocupancy, Preservatton,Qiuintenance und ProteMton o!the Property;Bormwer's Lopn App!lcation;Ges�seholds.
<br /> _ Bormwer shul!aaupy.establish.and usc the Property ns Borrower's prtnclpal tesidenco within sixty duys after the exxution of
<br /> ' this Securiry [nstrument und shall continut to occupy the Properry as Borrower's principul restdena for at least one yesir after
<br />� o the dute of occuparicy, unlessti Lender otherwiso agrees in writing, whIch consent shnll not be unreasonQbly wlthheld,or ualess
<br /> extenuating circumstnttees exist which sue beyond Borrower's control. Borcower shall not destroy. damage or impair the
<br /> Ptoperty. allow the Property to deteriorate, or commit waste on the Property. Bon+ower shall be in default if uny farfeiture
<br />=`- action or proceeding,whether clvil or criminal, js besun that in Lender's�ood faith judgment could result in forfeiture of the
<br /> Property or othernise muteriaUy impair the licn created by tliis Sbcurity Instrument or Lender's security interes4.Borrower may
<br />�.:
<br /> cure such a defawlt and reinstate.as provided in paragraph 18.by causfng the acdon or procee�itng to be dismtssed with a mliag
<br /> -- � that. i� �,encter's gooa faitt► deternunaaon, precludes forfeiture of the Harrower's inteiesc in ciie Property or other matrriai
<br /> impairment of' the lien created by this Security Instcument or Lender's security irtterest. Borrower ahall also be In deiault if
<br /> Borrower.during the loan appliration process,gave materially f�se or inaccurate information or statements to Lender(or failed
<br /> to provide Lender with any mateda!informution)in connection wipi the laan evidenced by the Note,including,but aot limtied �
<br /> _. to,representations coqcgming Borrower's occupancy of the Propeny as a principal residence.If this Seruriry Insmiment is on a
<br />__ leasehald, Aorrower shall comply with all the provisions of the lease. If Borrower acquires fee tide to the Property, the
<br /> "' leasehotd and thc fee title shall not merge unless Lender agreES to the merger In writin�.
<br /> - 7.Peutectlon of Lender's Rights in the Property.If Borrower fails to perform the covenants and agrPements contained in
<br /> this Security Instrurnent�or there is a le�al proceeding that may si�aificantly atiect Lender's ri�hts in tD�e Aroperty(such as a
<br />�:�; proceeding in bunkruptey.probate. for condemnAtion or forfeiture or to enfarce laws or re$ulattons),then Lendec may do and
<br /> '`. pay for whatever js necessary to protect the velue of the Properry and Lendcr's rights in the Propecry. lxnder's actions may
<br /> _; , includo pnying any sums secured by a IIen which has priorlty over this Security Instnimeut. appearing in court. paying
<br /> rc�sonable attorneys'fces aad entering on the Property to makc repairs. Althou�h Lender may take action under this paragrapb
<br /> -__.�:�� 7,Lender does not have to do so.
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<br />- �•�:; Any amounts dtsbucsed by I.ender under this paru�ri+ph 7 shali becnme additional debt of Borrower secured by tf�is
<br />: Securlry Insnument.Unless Bonower and Lender agc+ee to other terms of payment, these amounts shall beur interest from the
<br /> date of disbursement at the Note rate and shall be payuble, with interest, upon notice from Lender to Borrower requesting
<br /> �� � paymenE. -
<br /> �`-• - "�� ' 8.Mort�age Insurance.If I.ender required mort�a�e insurence ns a conditian of makfng the loan secured by tt►ia Securiry
<br /> -�J" �� Instrument,Borrower shall puy the premiums required to maintein the mortgage insurnnce in effect. If, for any reason, the
<br /> � `' �"� -"� mortgn�e insurance coverage required by Lender lapses ar ceases to be in effect. Borrower shall pay the premiums required to
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<br /> '�':; .r• obtajn coverage substantially equivulent to the mortgage insurnnce previously in effeci.at a cost substuntiully equivalent to the _
<br /> �rr:� cost to Borrawer of the martgage jnsurnnce previously in effect, from an altemate mortsage insurer approved by I.ender. If -
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<br /> .��n�-�'�ry��ip oneRlwelfth of�the�earl mmortaa e in urance�rem um be n aVaid b,�Borrower when the insuranceecovcra e!a sed our ceased to �
<br /> w:..':",'":.::.� 3� Y 6 g P E P Y g P =
<br /> • • �,„,�;�` be in effect.Lender will accept,use and retain these payments av A IOSS mserve in lieu of mortsuge insurance. Losa reserve
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