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<br /> S. E�ar�rtl or �'mperty In.�ur�nce. Borro+,�ver shall kccp th� improven�ents now cxisting ur hereaRcr Grccted on the
<br /> t�rapctty )nr;urcd agafnst luss by firc. h:ua�ds in�iudccl witt�in t}�c tcrin"cxtcudcd re,vcruga" unil any otltcr l�a�xni�d�:, incii�diny
<br /> flonds or EIaading.far wtii�lLendcr requires lnsut'.�nce. This insurnncc sl�all bc�iaimain��i itt tho amaums+�nd fiu ihu tx�h�i,
<br /> . duu Lender reyuirea.The in�u�wnce corrler provlding ttie inrurnnae ehull bc clu�xn hy&�rrow�r e�bJect tu I.cncicr'e wppmval
<br /> which�shati nnt bo ut�reasnnably withheid. EP&�nowcr failg ta malntuin crneruga describca aM�vc, f M��ter n�ry, at lxrnkr's
<br /> optian.obtAln covenge tU pcocect L,end�r`c�rlghts in the Pmperty in wcaardAnce with pxr�g�uph�.
<br /> Atl lnm�ranee�x►licie.r and rene�vals Rhull be acceptabfe to Lender;uvl shall iucludc a standard �u�n�ago cl�uw:. l�enekr
<br /> sh�il have the dght m hotd thz poiicics uwxi�enewuiR.1!'l.ender requires,l3orrawer shn11 pramptty givo tv i.Crnler ali rc�Yi+Nh ui'
<br /> prid premiums and rcnewal natices. fn the evenf of los.s.8armwer shail glvN pmmpt nallce ta!he Insuraace cxrrier utKt[.endrr.
<br /> Lender may muke proof of lass if nat tnade prumpNy by Bonawer.
<br /> Uniess Lender wtid Bomnwer othenviso agra ln wddng,insurnncc procecds shull bc appltat to restoru[[an or repafr of the
<br /> Property damagal.,if thc restoration or repair Is ecanomicully feasible ar�d Lertdcr's socurity is�ot lesserted. If the restnration nr
<br /> repnl�Is nat economicaliy feasible or Lender's�seauriry would be lessened,th$innut�cunce proceeci.g shall be opplied to the swns
<br /> secured by this Secur�ty Instnunent, whether or rtot rhen due. wtth any oxepss pald to Borrnwer. If Borrower af�andans die
<br /> Propatty.or das not un�war within 30 dayR a notice fram l.ender that fhe insurance currler hea offered to scttle a elnirn,then
<br /> L.ender may collect the in.quranve proceeds. I.�nder may use the proceeds to repair or reswre the 6�raperty or to pay sums
<br /> seeured by thig Securtty Inshument.whether or not thea due.The 30�day period will begin when the nottce is given. .
<br /> Unless Lender and �nrraK�er otherwire agree in wdting. any applic�don of pmcc�eda to principal shall not extead or
<br /> �bstpone ttee due date af the cnoathly payments refened to in paragraphs t and 2 or change the umount of the payment�. Tf
<br /> under paragraph 2I the Praperty is ucquired by I.cnder.Horrower's dght to any insurance policlea und proceeds r�.wulting from
<br /> �"4i> . damage to Ehe Prciperty prior to the acquisit�on shall pass to Lender to the extent of the sums secured by this Securiry Instcument
<br /> '�irifinediuuly priar to the acquisition.
<br /> �,, � .6.Occupancy,Preservadon,Maintenance and Prntectton of the Property;Borrower's I,oan Appltcutton;Leaseholds.
<br /> Hormwer�halt accupy.establish,and use the Properry us Hotrower's pdrtctpal residence within stxty days efter the executioa of
<br /> Y`�;` this Sccuritp tl�strument and shaU continue to occupy the Property as��8nrrower's princtpal msidence for at least one year after
<br /> the dute of acwpuncy.untess I.ender ath�nvise ag�+ees in writing,which consent shatl not be unreasonably withheld,or uniesa
<br /> extenuating cit�umswnces exist which u� beyond Borrower's corttrol. Borrower shall not destray, damage ar impair the
<br /> Properry.allow the Propeny to detedomte,or commit waste on the Property. Borrower shatl be in defnult if any farfeiture
<br /> uctton or procecding, whet�s:�civil or criminal.is be�un that!n Lender's gaod faith judgment could result in forfeiture of the
<br /> Property or otherwise muterialiy impair thc lien created by this Security Instrument oe I.ender's secudry interest.Borrawer rr�ay
<br /> f cure such a defautt and t+einstute.as provided tn parngraph 18.by cuuscng the action or praceeding to be dismissed wtth a rpling
<br /> that. fn Lender's good t'aieh determinatlon, prectudes forfeiture af the Borrower's interest in the }'ropercy ar other matedal
<br /> impairtnent of the lien cie��tc� by this Secudty Instniru►ent or Lender's security lnterest. Borrower shtill ulao be in default if
<br /> Borrowsc,dudng the loFU�t�p;p:icutian proccss,gave mAte7aully false or inaccu�ate informatioa or statements�to�l.ender(or falled
<br /> to pmvide Len�2r with any muter�fll information)in cannection with the l�an evidenced by the Note,.includin�.but not Ilmited
<br /> to.repneseRt�i��ns conceming Borrower's occupancy of the Properry as a priacipal residence.If this Security Instrument ts on a
<br /> leusahold, Borrower shall comply with nll the pt�ovisiuns of the lease. If Borrower acyuires fee title to the Property, the
<br /> leasehold and the fee title shall not merge unless Lendcr�,rrees to the merger in writing.
<br /> 7.Protedion of Lender's Rights in the Propecty.CS 8onower fai(s to perform the cavenants und agreements contained in
<br /> this Securlty Instrument. or there is u legal proceeding that may signitZcnntly affect I.ender's r�ghts in the Property (such as a
<br /> pr000eding in bankruptcy.probate, for condemnation or forfeiture ar to enforce laws or cr�ulations), then Lender may do iu►d
<br /> pay for whatever is necessary to protect the vulue of the Property and L.ender's dghts in the Propzrty. Lender's uctions may
<br /> include paying any sums secured by a tien which hbs pdority over this Seeurity Instrument. appe:uing in coun. pJSying
<br /> reasonuble attomeys'fecs and entering on the Properry to make rep:iirs.Although Lendcr muy take nction under thls parngruph
<br /> 7.Lxnder does not httve to do so.
<br /> Any c�mounts disl.+ursed by Lender under this parngroph 7 shull t�ecome additional debt af Borrower secur+ed by this
<br /> Security Instnunent. ��nless 13c�rrower nnd Lertder a�ree to oil�cr terms of pay�rtent.these amounns shall bcx�r interest from the
<br /> clute of disbutsement ut the Noie cate and shall be payable, �vlth interest, upon notice from Lender to Borrower requesting
<br /> payr�xnt.
<br /> 8.Mortgage It�curance.If Lertder required ntocyru�e insurance as u mnditinn of making the loan secured by this Security
<br /> Inswrnent. Bomower shull pay the premiums required to matntain the mortgage insurar�ce in ePfect. If. for su�y reason,the
<br /> mortguge tnsuou�oe cnvernge reyulred by L.ender�agses or ce�sc�s to be in effect. Bormwer shall pay the premiums req�irad to
<br /> obtain coverage subatantially equivalent to the mortgage insurnnce previously in effect,at a rnst su.bstantialty c�quivalent to the
<br /> cost to Borro�ver af the mortguge iosurnrtce previously in effect.from an attemate mongage insure�upproveci by I.ender. If •;
<br /> gubstantitilly equivalent mortsa�e insurance mverage is not avnilable.Borrower shall pay to L.ender each month u sum equat to
<br /> one-twclfth of thc yearty mortguge insamnce premium being paid by Bomowcr when the insuranoe covernge lupsRd or ce3sed to .`�
<br /> be in eFfea. tznder will aocept.use a�d c�etain these paymenu as a loss raetve in lieu of mortgage insurance. Loss rtserve �;�'
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