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<br /> d. ils�ard or Pa+aperty Inaur+nnee. Barmwer ehaU kap the Impinro�rnv aaw exteting or hereaRer erected on Qhe
<br /> Pres�petty ir�ured a�inot loa by tiro�h�rardi Inoluded wlthtu t6e t�rw'oateaded cover�e" and�qy�thar be�uds. inoludin�
<br /> n�a,a:n�a►ng,for whlch lmder roqnlre�lawnia¢e.'fhi�iwunutce duU be a�tfntiiaed tn the amounb�nd for the pnetoda
<br /> tlut Landa� reqoire�. 7tie ina»ru�ee curier prevldi�t�{tde Icwnace�haU be chosea by Bormwer subject to I,ender's�pproval
<br /> whtch�11 not be varea�onably withheld. it 8on+ower tdb to auintafn coven�ge dacribod above. i.a►der aMy, at Lradar•s
<br /> optk�a��oovdsxgo a pn»ec�Y�ender'o rigLw in ihe F:ope�►y�acwrd�ca wt�pa�a�rapS�7.
<br /> All inaurea�,e polleler�ad rmewaL�hall be accepte�le to Lender��hatl inalude��tandard mort�a aLuue. Lendar
<br /> �hnil6�ve the d�ht to hold the pollcier�nd reaewale.If I.ander roqui�e�s,Bormwos ehsll Qromiptly give to Leader�l![eceipta of
<br /> p�td premiumr�ad natew�l nottces.In the evatt ct(os�.Borrnwer ehill give prompt aotice w the iiwnnce carrlor uid Leader.
<br /> Leadar m4y mtice proeEad�oe�it not mdn prom�tly by Boaawer.
<br /> Uata�Lender�ad�BGxrower ot6envi�e aYrae in wrtting, iasur�aee pnoceods ehall bo AppfIed W raatotation or t�epsir of the
<br /> FQ+opeety�ed,it,the reawruIon or repatr ia aaoaomicatly fe4sibla Rad I.ender'e seaurlty ie not tesseacd.Iff tho ocswratian ar
<br /> np�tr is net eio�aomicaliy lwible or Lender'e eeeurlqr wm�ld be I�d,the itsturance proceeds�h�ll bo�pplied to tbe n�ms
<br /> eecund by tht�Sxuclty lnshument.whether or aflo t�m due.with any axorta piitl�ta Borrower. IP Borrowar�baadons We
<br /> Anperiy,or d9e,s aoc an�wer wItl�in 30 ds1Ys a nodaa ftam Leadar tl�aat tha tu�r�etme catrter ttu otFeml to eettle a el�lm,thea
<br /> Leader m�,y coUect the insuraitca proceals. I.wder may ase the proceeda to e+eptir or tostore tho Prop�rty or to pay sums
<br /> eecu:ed by ihis Socurity Imbumeut�whether or not thw due.'lUe 30day peiiod will begtn whea the notico!e given.
<br /> Unlas Leader and Borrower otharwise sgroe In wrItIn8�+�Y aPPlication of prooeeds w prinaipal ehaU not extmd or
<br /> peatpone the dae d�te of tho moathiy paymeats rafetral to in pnrngra�pds 1 md 2 or qh�age t�e amouat of tha paymeate. If
<br /> uader parngiapb 21�the Prnperiy Is uquircd by Lender,Bomnwer•e rlght to aqy ineuraace poUoIea and p:ocecds naulting fmm
<br /> ,,;,,,�, dtm�ge W the Preperiy prior to the aequlaiNon ehall p�sn to Leader W the exteat of the snmv secu�ed by thia SecurIty lnst:umeat
<br /> ' "�i immediately prlor to the acquieitton.
<br /> . �,.�- 6.Oauprncy.P�+cse��atlon.Mainta�ance and ProtecNon of tl�e Property;Borruwer's Lwrn Applicatiom;Leasdiold9.
<br /> �� .+�•�,k�. •
<br /> Boaower�aq occupy.establIeh,and use the Property as Bomower's priacipAl t+esidence wtthin el�cty dsye after the axecudon of
<br /> this Sxurity Inst:umeat�nd ehill wndnue to oaupy the Properiy as Bonow�r•e principal ee�Ideaeo for at leaet oae year aftar
<br /> , f s... the dtte of oceupaney.unl�a Leader othaiwise ag�ee.v ta wrjting, w6ich consent ehsll not be unre�sonably wtthheld,or unless
<br /> ° e�cteauating cL�cumatances eaiet ahicb am beyond Borrower's contnul. Borrower sb�ll not deat�ny. dam�ge or impiir the
<br /> '.��,fi`4; Propeity.aliow the Pmparty to deteriorate. or commtt w�ste on the Property. Bon+owar ahall be in defiWt If�ny forfeiUUe
<br /> �+tc; 'y^�:• ecdon or pt+xaeding.whether eivil or ctlmiaal,te begun that In Lendor's gaod faith judgment coWd nsult in forfeituce of the
<br /> Fropetty or otheraise maurlalty impdr the i�ea eneaud by t�ie Secnrity Insairomeat or Leader's eec�uity intecG.v�Borrower mry
<br /> . ."��, °� eure such a dafiult�nd ninst�to�se provtded fa p�utgeeph 18. by c�using the aeKon or prncading to be diamiesed with a n�ling
<br /> ,��"x�� � � N�t. in Lender's good;fiith determinidon. precludes forfeitwe of the Borrower's intorest in tho Property or other u�terld
<br /> �i;%�••:��." . impadrmeat of ths lien cteited by this Secwity Inahument or Lendar•s exwity iataees� Bort+owet ehall also be 9n defautt if
<br /> �',r il� ' � � Borrowar,
<br /> � ,:�j�; duting tho loan applia�tion pmass.gave matetielly falsa or itncewAte fnfoYmattoa or statemente to Lender{or failed �
<br /> �'¢'':""�:�Yrt i;; to prcvtde Leader with aqy mtterial informulon)ia connecNon with the loan evidenced by We Note�including,but not Umited /r�`
<br /> �- � �;� to. tadons canceming Borrower's occu cy of the Prope:ty as�pslncipal residence.If this Sccurlty Inatcumant is oA a '�
<br /> • rePn�eu Pnn ...-+�.
<br /> �>;�: le�sehold� Bomower shaU coa�ply wtth sll the p:ovieions of the lease. If Bormwer acquIres fee dde w the Proporty, tha .,;,
<br /> ,' "": . ."� .''' lasehold�ad the foe tttle ahaU not
<br /> mergo unless Leador agrees w tho merger in wdNng.
<br /> ;�'";� 7. A»tedtor of I.ende�'s R�6�in the Properly.If Bormwer feile to perform the cavenants and ngi+eements contained in
<br /> �' �;;'' • thie Securlty Instrummb or there is a IeB+�P��B tbst may eignificaatly affxt Lender's righta in the Propeity(aueh as a
<br /> � proceeainq in 6Rnlcn�ptcy.pmb�te�for condemnttion or forfeihue ot to enforce lawa or rogulettons). thea Lender mry do and
<br /> � pay for wt�ataver is aecessary to protect the value of tke Property ead Leader's rlghte in the Property. Lender's acdoas may
<br /> :..,+�n•r� " iaclude P�Y�S any euma secueed by a liw which has priority over this 5ecurfty Instmmeat, aPP�B � ��, PaY�B
<br /> } re�o�ble attomeys'fees aad eat�tag on tho Property to mske ropairs.Although Leader may take aeHon under t6te paragraph
<br /> � + 7,I�eadet doea aot h�ve W do eo.
<br /> �' •'y:�-� �;�� Any amounte disbursed by Lender aader thts paragraph� shall bccome addidonal debt of Bonowor aocue+ed by this
<br /> ��`'�'','" =� Secwlty inateumen� Unlws Bomoaar and Leador ag[ee to other teims of payment� these amounts eha11 beu intcrest from the
<br /> `'•::�;�`_=.
<br /> ^�,�• due of diabureemant at the Note rate and ehall be pay�tblo. with interost, upon notico from Lender to Botrower roquesting
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<br /> �c:.�.`.'�,,1:�• S. Mortga�e L�n�ana.If Leader caluired mortgage insuru►ce e;s a condltion of making We loan securcd by thia Sectuity
<br /> ,:-,� �..; Inattu�ent, Horrowas ahall pay tho pnmiums required w maintain tme m�.rtgage insurance in affcct. If. for any n�son. the
<br /> -:+'�:c:•; :�., mortg��o ins�tranoe eeverage tequired by Leader lapses or cesses to ba in egfeet. ttormwer shell pay the ptamtums requirai to
<br /> k'='::°:�«,=:• obtain cove»ge aubstaatially cquivalwt w the mortgsga insurence praviously ie et�ect,at a cost substaatially equivalent to the
<br /> +'���`�f�';�:`'•;,' cost W Borrower of the moitgsge Insuraaca prevIoualy ia effect. from ap alternfl�e mmtgage tesurer approved by Leader. If
<br /> ti���i.
<br /> �, , �•`�"�' subsqntlaNy oquivdent wostgage insuiance covernge is not available, Borcower ahall pay W Lender each month a snm equal to
<br /> �`::�•'...�~: �=� � ono-twelRh of the ymrly mortgage insuraace pmmium being paid by Borrower whea the famirance coveraga lapsed or ceased to
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<br /> •�:,�,s; . • be in effax.Lender will ucept,use and rehin these payments as a loss reserve in lieu of mo�tgage Insusance. Loss re�erve
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<br /> ���'S flr:}rY.�.�y_f 114- 63 5 Fa,n sozs ��so
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