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<br /> � 4,Pirn.Plaod and Oth�r Heuard IndUrsnce.Rarrow��tasuro aU impravomonte ori tho Fro�ty,whether
<br /> Qow in e�ietcneo or�ubsequently erax�ced, e�ainat any hezarda.casualtIca,end 6ontinger�cles,tnclasling firo, [nr which
<br /> Lcnder a�aquis�+inauranco.'Phie ineur�nce�hilt bo maintalned ln the amaunta and far the period9 thnt Lendar roqulra�. .
<br /> Borrower ehsl!deo inaure dl improvemeate on the Pmperty,Nhethor naw ia eulstetux or subeequently erocted,��{aiat ,.
<br /> loeei by tloode to the erteat�equ�ted by the Secrotary.AIl ineursttca slufl be carr�ed Wlth compuitee approved by I.ender.
<br /> The ia�w,�noe policioe aud�ny reueMale eha11 ba held by Loader and sha11 includa loee pyable claueee in f�vor oi�and�n
<br /> �form scceptable to�Leader.
<br /> Ja tho event oi laee,HorroWer ehall�tve Letcdar immediate aotlse b7r m�tl.Lander ensy maico pcooi oi loeo it rwt
<br /> made promptly by DorroNer.I3acb�nsuraace Company concerned is t�enby�u4horixed and di�aatod to matca p�yrrieat
<br /> for such laes direotly to I.aade�r�instead oi to Borrower and to Leader�ointly.A11 or uay part ai the insuranco procaeda
<br /> aaay bo applied by Lendcr.at tte optton.e�ther(a�w the reducdon oi t�.e Iudebtedac�es undat the Note and thia Sacwlty
<br /> Instrument�ftrat to any dolinquant unounta epplied la the order iA paragcaph 3�aad then ta prep�yment ot prjncipal,or
<br /> (b) to the rostoration or rapair of the dam�Yed Property.My application af the pt�nceeds tn the priaclpel ahill not
<br /> extead or posepnno the due date of tha raoathly psymenta which ue reterr+ed w ia peragragh 2,�or at�nga the aartount oi
<br /> �veh p�ymenta.Aay eYCess insuranco proceals over an amouat roquirod to piy alt outat�adtag Ind�btedneas uader the
<br /> Itote aad tiue Scaur�ty Iastrumeat ehall be patd to the endty lagtUy entitltd therato.
<br /> Ia the evaat of foreolosure of thie Secur�ty Iastru:nent or othar teaaster oi title w the Piroperty tt�at e�tNnguishea the
<br /> indebtedne��all right,dtie and iatorest of Horrower ta aad w iasurauce policiea ia torco s'bati pass to tho purchts�r.
<br /> S.(l�caupsacy.Preservatlon,M�lntenaace arid Pratection oi the Property;Horrower'a I.osn Appllcatton;
<br /> I.easeholds.Bormwer shall occuPY.establiah,ead use the Pmperty as Borrower's prtnctpa�residencx withia slriy days
<br /> aiter the eaecution of this Sa:uritY Instrument and ehall contiaue to occupy the Property as Bonawer's principal
<br /> r�sideaco for et least ono year aft,er the date af oocupaaay�unlesv tha Seeretnry determines thle nquirament will cauee
<br /> • ,,.._,;;:.c�•�� uadue hacdehip tar Horrower�or unEe�s extenuating circumstenxs exist which are beyostd Bomnwer's control.Borrower
<br /> slis]1 notify Lender oi eny extenuating circumstances. Aortower eha11 not commit weate or destroy. damage or
<br /> Y' substantially change the Property or allow the Property to deteriornta�reasonable wear and tear excepted.I.ender may
<br /> : ��►.��r'� iaspect the Prnperty if the Property is vacant or abandoned or the loan ie ia defaul�Leitder may taka reas�nable actton
<br /> :, .� �.; • �..
<br /> d�j.�;�t� to protect aad preserve such vacant or abandoaed Property. Borrower ehell elso be fn default if Borrower,during the
<br /> ••` ���-��:::�; loan appli�ation process,gavo mntarially false or inaccurata iatormation or statamenta to Lender(or failed to provIda
<br /> .f�,>`:;:.�;;:��n,! Lender wit�aay mntariel informadon)�a conaection wIth the loan evidenoed by the Nota.including.but not Itmited to.
<br /> :,�;. ���sentaticsns aanc�ug Barrarter's accngsQSy ai xhe Pro�rty ae$gri�ge! r�I�!�+.If thie S!��rl*�I��n�ment is
<br /> ;��:_-�.,� .r: on a leasehold�1'tower shall coznply wIth the provtsions of tha leasa.It Borrower acquites 4ee title to the Praparty.the
<br /> •�r�� S � leasehold and tee title ehall not ba merged uriless I.endsr agees to the merger in wrldng.
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<br /> `��'G�;^,`''��:'.;; 6. Chartes to Borrower apd Protection of I.ender's Rlghts in the P'top�rty. Bonower ehalt pay ell
<br /> � '�+ � ."),''�l},x F.
<br /> ����� ' overnmeata]or munici cher positions that ere not included ia p�a
<br /> r�...; •;,s;���: 8 P� �� 4inea and im P�aB�Ph 2. Borrowar ehall y
<br /> s� :�-•�.���.� these obli�atlona oa time directly tn tha entity which ia owed the payment.If feilure to pay wotald adversely affect
<br /> ��;,
<br /> ' ��'•`��!: Leuder's intorest�n tha Property.upon Leader's request Borrower shall promptly turnish to I.ender reosipta avideac�ag
<br /> ����r�M��,aK n thGSO p3yYri4�lts.
<br /> .�L�T/'!�''M".�� '+.'tt.
<br /> 'xz�'.�,-.,�`�,�,� Ii BurrAwer feila to make thesa payineata or the paymenta required by paragraph 2,or feIls to geriorm any other ��'?
<br /> � . :,��'� covenezets aad agre�menta contained in this Seourity Instrumant,or there ia a legal proceediag ttiat•tnay sigaificantly
<br /> �ti�' etiect Leades's rIghte in the Proporty (such as a proceedtag ia bankruptay,tor condomastion or to eniorce laws or ���_,
<br /> '�' ' regulations).thon I.ander may do aud pay whatever is aecessary to protect tha value oi the Property and Leader's righta
<br /> ���' �b in the Praperty�iacludiag paYmeat oi taxes.hezard insunaace and other items mentia�aed in paragraPh 2.
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<br /> ,.���,{�� emounts dIebursed by Lender under this paragraph shall become an additianal debt of Horrower ead be ,�+,��
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<br /> �.., °�!,�;.;�,.,n_,, sxw�ad by thie Secw�ity Instrument.These amounte shell bear laterest fram the date oi disbursement,at the Note rate.
<br /> ;.;-'<<:'.
<br /> ead at the option of Lender�ehell be immediately due and payable. _-
<br /> .��,.,-.,.�?„tt .
<br /> +:,-� °�'�- 7.Coademaatioa.The proceeds of eny award or clai�tor damagea,direct or consequemtial.in coanectioa with
<br /> �.�.q�A
<br /> �:►�,'_.:•':� any condernaation or other taktng oi any part of the Proper4y,or tor conveyance in piace c�i candemnation,are hereby
<br /> ���=.��:�'. assigaed aad eHall be gaid to I.ender to the eatent of tha full emount of the indebtodn�.a that r�naia�s unpaid uader tha
<br /> .��;�� ,t. � Nute and this Secwity Instrument.Lender shall apply auch proceeds to the reducdon oP the iadebted��iutder the Nota s-,
<br /> ,o ��, and tnis Securlty Instrument�first to eny deliaquent amounte applie�in tha order pmvided in paragraph 3.and then to �'
<br /> �;,.,,:�ti:;�:.:. prepayment of principal.Any applicatioa of the proceeds to the principal shali not esa�nd or postpone tha due date of
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