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<br /> �. NNS�rd ar Property f�aur�nce. Borrower ehali kerp the improvecnent� now exiating or heraRer craKed on che
<br /> Pr,�pedy liix�yrai agpfnst la�s�by 8re. h�zurds inctudrd within tho term"extended caverage" and ony other hawrds, ir�sluding
<br /> IIINNIA Ilf�tNldllt�. li�r which l.cndcr��quires i��xurunce.This Inaurana shail be maintained in the amounts and Por the periods
<br /> �hal l,c�xicr rM�ulrcq.'1'ho insurunre cnrrier providing the Insurnnce shaU be chasen by Borrawcr subject to L.ender•s approval
<br /> wt�lci�ti�+aA �x►t !w unr�uru�iably wilhikid. iF Y3urruwcr fr►i!e W �fwluGJu �ovcrago Jc�rti�:tc!aiwve� Lcrxler may. at Lencle;'s
<br /> ��1iu��.��+tHfn cuvcr�gc h�pmtcct Lenctcr's rights in tNo Propccty in asa�rdauce wtth pnragrap!►7.
<br /> Al) 4n�iuuix�e pnHcie�and renownis ehufl bo nxeptnble t�r Lender urtd shail include a stanidard mortguge clause. Lender
<br /> xh�ii bwve tiw rfght tu hold tha puliric9 and rcncwels.If Lender requires,Borrower ehail prompt�y give to Lender all receIpts af
<br /> pwid prantumo aiHl irncwul�x�tl�+es.In thc event of loss.Horrower ahall give prompt naticc to the Insurana carrier artd I.ender.
<br /> I��N1cr nu�y nwkc pri�►Y of liisq If not madc promptly by Borrowcr.
<br /> Unlcsy I.�n�icr a��liurruwee utherwise agrec in wdting,insurancc procecda shali be applied to restorat�on oe eepair uP th�
<br /> l�r��rty drmxgcsl,if Ihc restamtinn or rcpair is xonomiceUy feus[ble und L.cnder'e saurlty ls not lessened.If We iestoratton or
<br /> re}�ir ix nsit ccnn�mdaAly feusible or Lender's r,ccudty would be lessened, the insurance pmctxde sheli be applied to ihe swns
<br /> �unvl by tttlx SccutUy Inatrumcnt, whether or not then duc. with nny excess psid to Horrower. Ef Borrower�mdons the
<br /> ' Pru�kiiy,i�r d��es nut u�iswer within 30 duys a aotice from l.ender thnt the lnsuratcz currter has offered to settle a claira,then
<br /> I�c�Kler nu�y c�dlect tho innurattcc proreods. I.ender mny use the pracerds to repuir or restore the Propecty or to pay sums
<br /> �caur�yl Ny thtx Sccurity Instrument.whethcr or not thcn due.The 30-day pedod wUl begin whea the Qodce is given.
<br /> { Qnle»w l.c��icr nnd &�rruwer otherwtse ogree in writing. any appllcution of proceeda to prInclpal shall not extead or
<br /> ' p�xtpnne the duc Juto nf th� monthly paymenta refcrred to in paragrnphs I and 2 or change the amount of the payments. If
<br /> � utxtcr n;un�mph 21 Ihe Pn�perty ie acquit+ed by Lender. Borrower's right to any insurance pollcies and proceeds resulting fi+om
<br /> dantngo tn tlto Prapeny pN��r tn the ucquisition shWl pass ta l.ender tA tha extent of the sums secured by thia Seeurity Instmment
<br /> Imnx�tlutcly prl�ir tn thc ucyuisttlan.
<br /> b.tkrupotxy.Preserv�tlm�.Matntenance And Protectlon ot the Property;Borrower's I.oau Applicxttoni Y,easehotds.
<br /> {l�ttnowcr ehuil�xcupy,cytubHnh,nnd ur,c the Property ua Borrower's pdncipul residence within sixty days after the execntion af
<br /> � thle kcurUy Insintnunt nnd Khall continuc to nccupy the Property as Borrower's prlacipai residence for at least one y�ear efter
<br /> IUe dutQ oP�xcupaimy,unleKy I.cndcr��therwise ugrcxs in wrlting� which consent 6ha1!not be unrmasonably wItbheld,or uuless
<br /> c�trnunting cfnumstnnec� exist which arc bcyand 8orrower's wntr+nl. Horrower shall not destroy. d�mege or impair the
<br /> {'nqk�riy, nllmti Ilie Pn►perty tu detcriumtc,or cammit wuste on the Property. Borrower shall be in default if any forfeiture
<br /> a�tion nr�rnw:caling.whetAer rivit��r crfminnt, Ix begun that tn l.ender's good ta�th judgment could msult in forfeiwre of the
<br /> 1'r�►�x�rty,v�Nitcrwine mutednily impuir the licn creLted by thia Securlty Instnrment or I.ender's security interest.Borrower may
<br /> � l'llll`!4lll'I)[I IIC�AUII UI11J I�CIIISIUIC,us provldcd in puragrnph 18,by causins the actton or procee�in�to be diamissed wIth a iuliag
<br /> � Ihi►t, In l.ciNl��r'H g�wxt fuith dctcrmin�dun, precludcw forfeiture of the Borrower's intcrest in the Property or otlier meterIal
<br /> ImpahnKnt uf iho licn crruted by this Secur{ty Instrument or Lender's secudty interest. Borrower shell also be in default if
<br /> '�i' l��rr�rwer,during the hian iippHcatiim pmcexs.guve muterl�Uy f11se or inaccurnte infomtntion or statements to L.ender(or faIled
<br /> ��t• ' ta pr�wfdc I.cixlcr with uny matcri�d intbrmution)in wnnection with the loan evidenced by the Note, including,but not Ilmited
<br /> tu.rcpresentutions cuncendng&irniwer'x occupartcy af the Property as a princlpal resldence, If this Security Instrument ja on a
<br /> Icaxhol�l, tl�,tn�wer whuU mmply with ull the provistons of the lea.�e. If Borrower acquires fee title to the Property, the
<br /> � Icasch�►Id u�x1 thr(ce dtic�;hull nnt mcrgc unless l.ender ogrees to the merger in writIng.
<br /> 7.ihnteetton nf I.ender•x Btghtn tn the i'roperty.If Borrower fails to perform the covenants end agc�aements contained in
<br /> �hly Securlty Imtrument. �ir tttcrc iR u Iegul proceeding that may signjficantly affixt Lender's rights in the I'roperty tsuch as a
<br /> ; pnKCCding in hunkfup2cy, pr��hiite, fnr curniemnutinn or forfeiture or to enforce laws or regulutions). then I.ender may do and a.'
<br /> " I p�y for wliutcvcr fx�xYr�rury ta pmtcrt the vuluc of the Property and Lender's rishts in the Pc+operty, I,ender's actions may
<br /> ^ -- � include paying uny tium� nccured by n licn w6ich has �riority �ver this Secudty Instrnment, appear�ng in court. paying :I
<br /> " � rcas�mubie uttnnuyA'fccx uixl cntcri��g on the Property to make repuirs.Although Lender may take actton under this paragraph ���;�
<br /> .f,p�,:. ���ti � 7,I.endcr d�Mw nut havc ti►do nn. '��;�
<br /> ;;•t:'��• � Any i►nv�unty dlxburxcd hy L.endcr undcr thiy pamgrnph 7 shull become additional debt of Bomower secured by tlris �-_:
<br /> u�-:e�c. ; Seeurity lmtn�nMnt. l)nics�Ilutr��wcr iuxt I.cnJcr ugrcc to other terms of payment. these amounts shatt bear interest from the ='�''
<br /> - �i"= ' date uP dinhttns¢mrt�t nt Itte Notc r�1tc nnd nhall bc payublc, with intcrest. upon nodoe from Lender to Borrower requesting
<br /> �'� � paynxnt. � '`'�;
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<br /> ,,�`.". , A.I►lortK�e Intittr�it�re. If I�nder rcyuired monguge inaurunce us a condition of makin�die loan secured by this Security ? ���`
<br /> '.�. _"• Ins�runtcnt, Nnrn�wcr�t�all p:�y�hc prcmiu�ns rcyuircd to mainWin the m�rtgage insutance in effect. If, for any reason, the
<br /> .�i 1:: I nn�nguge h�+ur.utiv�ruvrrn�e rcyuiad hy l.cndcr lapscx iir ccu+es to bt in effect.Borrower shall pay the premjums required to
<br /> �- '� � nMnfn eovct� te nuh`tctntinil �. uivulen�to the mort c insurance reviousl tn effect.ut a cost substnntiall
<br /> �;�•:---�� � Y '4 6�F3 P Y Y equivalent to the
<br /> cosi tu li�nt��wet�►f Il�c mortgage in�utunce F►reviuuwly in effect, from an ulternate mortgage insurer npproved by I.ender. If
<br /> " •'�.�r � huhstautiulty eq��iviil���tl nwuE�ul�r in�uruncc c�►vrccige ia not uvuftuble. Horrower shull puy to I.ender each�nonth n sum equal to
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<br /> � ,.• •„ i un�•turlQh oi'rttr •carl otu�t ; s�In�ur�ui�e remiutn bcin aid b Borrower when the insurance rnvera e l ed orceased to '
<br /> � : ��� ! tw fn�fteci. I.ea�te�wll)urre►t,use cu�d rctafn these a ment�us u loss rcserve in lieu af mort a e insurance. Loss mserve
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