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<br /> �. HaxnrA or Pru�erly �n��r�nee. Borrawer Fhal! ka�the imAm�°emrnts now eaisting ar hertafter erect�ct on�h�
<br /> PmJ�crty Insurcd�gein�t lnsv by Gre, h:va►rds includcd vrIthin►hc term "extended cavemgc"and any othcr h�uaidc. inciuding
<br /> flrxxls or Ii�xxiing,fut whirh l.ender rtquires inwraixa This insuranc�et►al!be maintuined in Qie omouats Ynd for tt�periodn
<br /> thxt l.ender rcqaires.Tho insurancc carrfer providing the.iasurar�ce shall be choxn by�omnwcr suaJut to I.�ndcr's approva!
<br /> whirh sh�ll not bc unr+caAO��ly withheld. If Snrrawer fails to maintuin rovrtugo dcscr�b�►i abavc, Lender nwy, at l.ctwkr's
<br /> option,abtein caventge to prottct[x�xier's rlghts in thc Property in accatdpnce with palagraph 7.
<br /> All lnsurattcs pnllc�cs and ree.�tval�shall br,r.ccept:�hlc tn i�r.nder end shall include a Ftnminrd nxirtgAgc clAu.so. la:ndcr
<br /> shall huve the tight ta 1►nld the patictes and renewals.[f Ltnder requias.8orrowcr shall promptly give ta Lender ntl roaipts of.
<br /> paid p�emlu�s und rtnewul notlres.In the cvent of loss.Borrower shall give prompt natice to the Msurance rarrler and l.ender. .
<br /> Lcndcr may mlkc prmF of Inss if not tnade prampdy by Barrower.
<br /> Unlcss I.e�xicr and Rorrowcr otherwiso ugrtx ln wrlting,insumncc praxeds chnit be applied t�r�staradon or c�epair of the
<br /> Prapeny dumaged.if the restoration or rcp�ir is economically feasi6le and Lender's securlly is nas lessenal.If the restoration Ar
<br /> repuir Is not emnomically feasih�e or Lender's tsocurity w�uld I+c fe.c.censd,the insurunee procads shali b�appliod to the sums
<br /> sec,yirod by this Securfty instrument, whether ur not then due,with nny excess paid ta Bnmawer. If Borrower abandans the
<br /> Pmpet4y,or does n�oi unswer within 30 days a natice from Lender that the insurance currier has uffered to settle a claim,then
<br /> Lender may collect the insumnce pracerds. Lender may use the procecds to repair or restore the Property or to pay sums
<br /> secured by this Secudry Instrument,whether or not then due.The 30�dny period will begin when the notice is stven.
<br /> Unless Lender ancl Bormwer otherwise agree in writing, any applicadon of prnceods to principal shall not e�tend ar
<br /> postponc the due datc af the monthly puyments tefemal to In paragt�aphs 1 And 2 or chunge the nmount of the paymenta. If
<br /> under paragraph 21 the Property is acqutrc�cl by lxrnler,8urruwee's risht tu any insurance poficics erid pr+�crcds r�sutting from
<br /> dwnage to the Pwperiy prtor to the acquisltlon shatl pass to Lender to the extent of the 5ums secu�ed by this Security Instnunent
<br /> immedtately prior to the ucquisition.
<br /> 6.Oa�pancy,Presecvatton,Matntenance aad Protection of the Property;Born►wer's l.oan Appl[catfon;[,easeho[ds.
<br /> Borrawcr shall occu�y.estublish,and use the Property as Borcawer's principal residence within sixty duys after the eaecudon af
<br /> this Secudty Insuument und shall contlnue to oecupy the Pmperty as F3orrower's pdncipat restdence for at least one year after
<br /> th�dute of ar.cupsncy. unless Lcnder othenvise Ag�ees in writing. whlch consent shnll aot be unrcasonubly withheld.or unless
<br /> extenuating circumstances exist which ure beyond Borrower's control. Borrower shall not desttoy. d�mage or Impair the
<br /> Propeny.allow the Praperty to deteriarnte, or commit waste on tho Property. Borrower shull be in default if any forfeiture
<br /> actiun or ptoceeding.whether civil or criminal.is begun that in Lender s gcx�d faith judgment could cesult in forfMtu�+e of the
<br /> Property ar otherwise en:iterlutty impair the Iien created by this Securiry Instrument or I.ender's security interest.Borrower may
<br /> cvrr suct�u�te3uuii mid iei��siete.iLi pfo�i3�d i��g�aP�`t t 3.ST�CdilSlti�i}iC dCi38ti 8T�fIIt'�C��ft$!D 5C���:stts:et!s.�}s!t s sts!'sng
<br /> that, in Lender's good f�ith detertnination. precludes forfelture of the Borrower's inrerest in the Property or other matertal
<br /> impairr�nt of the lien created by this Security Instrument or Lender's security intemst. Borrower shall also be in default if
<br /> Borrower,during the loan appliration process.suve materially false or inaccurate informutian or staterr�ents to Leader(or fsiiled
<br /> to provide i.ender with any material information)in conrtection with the loan evidenced by the Note,including,hut not limitett
<br /> to. represenwtloas conceming Borrower's occupancy of ihe Property as a principui residence.[f this Security Instcument is on a
<br /> leasehold, Borrower shall rnmply wtth all the provisions of the lease. [f Bonower acquires fee title to the Property, the
<br /> leasehold and the fee title shall not merge nnless L.ender agrees to the mergcr in writin�.
<br /> 7.Protectton of I.ender's Rtghts in tde Property.If Borrower fuils to perform the cavenan�s und agreements contained in
<br /> this Security Instrument,or there Is a legal proceedin�thnt rrwy significantly affect Lender's ri�hts in the Property (such us a
<br /> praceeding in bankruptcy.probate.for condemnution or forfeiture or to enforce inws or c�e�ulations), then L.ender may do end
<br /> pay for whatever is necessary to protect the value of the Propecty end I.ender's rights in the Property. I.ender's acttons may
<br /> include paying any sums secured by a lien which has prior�ty over this Security Instrument. appearin� in court, payfng
<br /> reasonuble attoreteys'fees und entering on the Property to m�1ce repairs. Although L,ender muy take actton under this paruIIraph
<br /> 7, Lender does not have to do so.
<br /> Any amounts disbursed by Lender under this paragraph 7 shall berome additionu! debt of Borrower secured by this
<br /> •;��n�•�,, Secudty Instrument.Unless Borrower and Lender a�ree t�other terms uf payment,thesc amounts sh�il bear interest from the �,_
<br /> � .��;'. , .. date of disbursement at the Note rate and shall be payublc, with interest. upon notice from L.ender to Borrower requesting
<br /> y,,_,.•:�� payment.
<br /> ` '`��`�� 8.Mo e Insurnnce.If L.ender uired mort u e insursnce as n condition of makin the loan secured b thts Securit
<br /> ,�•�„•.-.:_ .. rtBeS reQ � S E Y Y
<br /> :;f';- '- instniment. Borrower shall ppy the premiums require� to m�intain the mortga�e insurance in effect. If, for any cr�ason,che
<br /> •� '. mortgage insurance rnvernge required by I.ender lapses or ccuses to be in effect. Borrower shull pay the premiums rrquired to
<br /> "�": obwin coverage substantially equivalent to the mortgage insurance previousty in effect,at a cost substantially eyuivalent to the �c�;,��
<br /> "''`� oost to Bomower of the mortgagc iasurance previously in effect, fmm an uttcrnate mort�a�e insurer approved by I.ender. If ��
<br /> �•r'.::.,.�
<br /> '{h"'"� i-'" substuntiully equivalent mortgn�e insurunce coverage is not availuble.I3orrower shall pay to Lender each month a sum equul to
<br /> ir�.:..':.��'}:''� ,
<br /> ,� . , one-twelflh of the yearly mort�age insurance premium being pald by Borrower when the insurnnce cnvern�e lapsed or ceased to ,
<br /> ;��°'t" ���� � ' � be in effect. Lcnder wiil accept,use and retain these payments as a loss reserve in tieu of mortgnge insurance. I.oss reserve ���!,
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<br /> ,i�,"•7 �i Form 3028 9190 �r;:;
<br /> �{••:.• .�,'1r�f��j, Popo 3 of 8
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