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<br /> �. Mi�wrd ue 1�1ropeMy iwrul'�pce. H��rn�wer rh�ll Meep tl�t in�ruven�ents► tx�w exi�tinp or hererher orest�d.na thim
<br /> pr+merty insura9 s�yriti�t It►nx hy Grc,'h�urOH In�ludnJ wlthin 1'!�cer�n "cxtes�de,�i caveru�c" u�sl e�iy other.h�card�. 9ncl�dl� ��
<br /> �Icwds or Iloudln�;fur which Ltndcr cnyuire,� I�zurNncY.'t'hl+�Mwr�rwr eJ�ri!be mrlMrined in ti�e onxwnta��nd for tbg.p�rloAs
<br /> �twt l,sTxitr icyulre�.7'hn inxuraxe c�rriea prcwiQinR tt►a l�wurwnco hhrlt he chuwea by &►rmwer cwl��t w�xmbr'R�pprortl
<br /> which rh�Jl rx�i 1►e un�xwbly wlthheld. !t BtfEtuwor f�ii�tn mdnt�in caver�e deRCribed �bava. t.�sr m�. +it l.�r's.';. .
<br /> oPtiun.ub�ain cuverN�e tu protoct l,ender's riqhta in the E�rapert,y ln rca�rdrusce witA puaqreph 7.
<br /> All ituur�utce p�iicka►�d renew�is xh�ll be aa�ept�le to Lencler uid aiudl inciude a�ct�r�d+�td n�ort�e clw�:i.ender
<br /> hhall havcs th�r1�1�t t��lald the pallcia�anil renew�la�.If I,ender requirr,�.Hormwer ehall pmmptly gi�e ta Lader dl receipt�ot
<br /> paid pnmiams And Knewal i�aticca.In thc event of,lass.$anower ehall�fve pronspl�wticc to the inaaranoe curier�rd Larder.
<br /> Lenciar may s�wko proaf of losy if�o!m�de promptly by Borrower. •
<br /> UNess L,cmder end Borrower othenvise ugrce in writing,insura�ce pmc.oeda shall be appliec0 to restw�tion or rep�ix of tbe '
<br /> Pmperty dumc�ed.if the resta�ratian or repair ls ecanomlcaliy feastble and l.ender's becarity i�ndE lesscnod.If thb i�sWnuion or.
<br /> repair is rat economicully feasible or Lender's sscurity woul4 bc lessened.the jnsarence pnx�s sh�dl 110�Iied to tl�e sud�a
<br /> secured by this Sticurity lttstrw�xnt. whethtr or uc,e t.�an due, wlth any excexs paid to$arrower. If BosroK�ee abatid�ns tbe
<br /> Fropettyo or e�ors not answer within 3U d:�ys a rtotioe fr�cn l.endcr thpt tha incurance carrier hps�fferod to ae�tto a claim.then .
<br /> Lender rnay collect the insurance pnoccvda. L.end�r muy use thc procteda to repair or restvre the Propeity oa•to pay surt�s
<br /> securod by,tk�Secudty InstaumenE.whet3�ec or not then due.The 30-duy p�riod will begin when the notia is given.
<br /> Untess l.cadcr and liorrower ot�ewise ngree ia writing, anY �PPU��on of procecds to pdncIpal stuill c�ut extend oc � �
<br /> pastpose the dae dAte oF the mant�ly pnyment� refemed to in paragra�sh� ! Bnd 2 or change th$�mourts oF tise payrtxnts.IF
<br /> nndcr paragraph 21 the Propecty ls ucqulred by L.ender.Horrower's right to a:�y,fnsurtutce paliciGS aad pmaeds�esultfag frntn
<br /> dainng¢tn the Pcoperty pr�or to the acquisjHon shall pass ta I.ender ta the extenc oB the sums sesund by this Saur�ry Instrumeat
<br /> lmm�dtatuly grIor to the acquisition.
<br /> 6.Qccup�ncy.Preservxtion,Maiatenaace attd ProteMton of the Propertyt Borrower's Loon Apptfcation;I�nx�oldo.
<br /> Borrower shall occupy,estublish.and use the Property as Borrower's princlpal residence wtthin sixry days efter the execuflon of
<br /> t�is Security Instrument and shall continuc to acrupy the Property as Borrower's principal residenoe for ut least one year after
<br /> the date of occupancy. unless Lender otherwise agrees in wdting,which consent shal! not be unmasonably withheld.or unles,s
<br /> extenuating circumstances exist whtch are beyond Horrower's conuol. Borrower shall not destroy, damage or impair Ihe
<br /> Property.ellow the Property to deterioratc, or commIt waste on the Property. Borrower shall be in dafault if any forfeiture
<br /> action or proc.�+eding�whether civil or crim3nal, ls begun that In Lender's�ood fatth judgment could result in forfetture of the
<br /> PropestY or oth�rwise mater�a!!y isngalr tti�lien sreated by tf�s Ssrsirisy Inscr�eni Qr I�r's�cusitY�uLeress.8o�s�er ss�s�
<br /> cure such a default and reinstate.us pmvided in pnragraph 18,by cuusing the acdon or proc�ing to be dismissed with u iulin�
<br /> that, tn Lcnder's �ood taith determination, precludes forfeiture of the Borwwer's interest cn the Property or other materiat
<br /> impairment of the lien created by this Security Instcument or L,ender's secur�ty interest. Borrower stuill ulso be in default if
<br /> Borrower.during the loan applicut�on pracess. gave m.n�xrialty false�r inaccurate information or statements to i.ender(or faila!
<br /> to provide Lender with any mutedal information)ivn connection with the loan evidenced by the I�Tote,inclusling.but not limited
<br /> to,representations concerning Borrower's occupancy oF the Property as a pdncipal residence. If this Security InshutRent is on a
<br /> leasehold. Borrower shult comply wicli ull the provistons of the lease. If Borrower acquires fee tItle to the Praperty, the
<br /> leasehold and the fee title shnll nat mcrge unless Lcnder agree�to thc merger in wr�ting.
<br /> 7.Protectton of Len�er's Rights in tde Property.If Bornower fnils to perform the covenants end agreements cor�iaed I�s
<br /> this Security Instrument.or there is a legal proceeding that may signifecantly affect Lender's ri�hts in the Property(such as a
<br /> pinceeding ln bankntptcy.pmbate. for condemnadon or forfeiture or to enforce laws or regulatioas). then Lender may do ancl
<br /> pay for whetever is necessary to protect the value of the Property and I.ender's rights in the Property. Lender's actions may
<br /> include paying any sums secured by a lien which has priority over this Security Instrument, appearing in cowt, paying
<br /> re�on�ble attorneys'fees and entering on the Proyerty to make repatrs. Although Lender may take aMion under this paragrepta
<br /> '7.I,ender does not have to do so. �
<br /> My amounts disbursed by Lender under this paragraph 7 shall become addidonal debt of Bonower secur�ct by this
<br /> Sec�rity Tnshvment. UNesa Borrower and Lender agree to other terms of payment,these amounts shail b8ar jnten�t from the
<br /> ��� date of disbursement at the Note rate and shull be payable, with interest, upon notice frora�L.ender to Borrower mquestin�
<br /> payment.
<br /> 8. Mortga�e InsroFUttce.If Lertder re�uired moctgage insurance s�.s a condidon of makin�the loan secured by this Secudty
<br /> instrument,Bornower shall pay the premiums required to maintein the mortgage insurnnce in effett. If, for any reason. the
<br /> o '�' mortgage insurance coverage requireci by Lender Inpses or ceases to be in effect, Borrower shall pay the premiums required to
<br /> obwin caverage substentially e�uivalent to the mort�age insurance previously in effect,at a cast substantislly equivalent to the
<br /> � cost to Horrower of the mortge�e insurunce previously in effect, from an alternate mortgage insurer approved by I.ender.If
<br /> - ��;:a substantially equivalent mortgage insurnnce coverage is not av�iiable. Borrower shall pay to Lender each month a sum equal to ��
<br /> „.,� j,'' , one-tweifth of the yearly mortgage insurance prem[um betng paid by Borrower when the insurance coverage lapsed or ceased tn •�;�,
<br /> pr.v r
<br /> .<�°+>::..:�. be in effect.Lender wlll uccept,use and retain these payments as a loss reserve in lieu of mortgage insurance. Lass reserve
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