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<br /> .ai, X[Ktnr�! �� �ap�rty ineur�nt�. DI[tIYOWCY 6Il�U�:YRp th� improveracnts n�w c�tsting or hec�fter emcted �►n tho
<br /> Iru�tih:�ly ia�sui�i.e1��ain5t luyv liy i1ra. hararAs inclnded withln thc�tcsm 'oxtendod caverage" attd.csify ot�or hra,enta, Includir�
<br /> ilikxlx�+r 11�kKllny� f�+r which Lender reyuiree tnsuranee. Thirt in.4urence shsll be maintainod in the amotents smci for tbe periuia
<br /> 1}�nl r,e►hlrr rt��ultr�. 'I'I�e Ineurencn r�tri�er pmvidi�g eh�irtauranco s!uil bo chosen by Barmwe�sabjxt ro l.cnder's ppproval
<br /> whlch rhrll�xM he unre��n►nably wirhMeld. If W�rmwsr �iit�to is�sintdn caverage d�r�bed sbave, LendCr may. pt Lsnder's
<br /> cr�tlnt��nhlaln a►vnra;c ts�pnxe�t I.ernkr'n d$hts ln the Froperty in e�o�9lance with�ragrnph 7. � .
<br /> Atl tnRt+�nc�+�x�Hcin»w��l .e�rewKlr► blu�ll Uu�:+;cc:�tabte ta Y.endar aad sbail irzrl�de a st�a�tu�d nrtnn�n��clRn�. ]Ltn�r
<br /> !{MRII MNVp(IW kIRI1f l0 IN/IO�ISO{1[7IIClC9�1K�TCt1EW�tls.If Lrender�+equirea. Borrower a1�U pmmptLY Sive to L.ender al!rocei�n cif
<br /> pmd prcnilumv utxl retkwel n��icea,iu tti�evant of losa,Borrower ahnll give prompt notica to the ia�urance caeriex and I.ender:
<br /> I,�ndar nwy trt�ko pr�*+t nf loee It aot.medo prnmptly by Aocrawer.
<br /> tlidr��1�etxter rnd Bor�nwcr oti►anvise ngrce In w�[ting.lnaurance pmcada ehail ba aPP�ed W c�sWradon or rapa�r of tho '
<br /> Nn►pnny du�u��al,iC tha rcstorwQlon or repair ie xonnmic.�ity feasfbla and Le�der's sccurity ie not lessencd. If[he reswratioa or
<br /> reJu�ir i��n►ccunomlr�Uy ft�lblo ac Lerrder's r�rtty would!�Icsseaecl,the iasuranes procxds shall be appl3al to the�+uma
<br /> nctinrcvl hy 1h1�i�utity Inetrw�ent. whcther ar not then due, wIth any exeess paid to Borrower. If Bormwer abatdona the
<br /> I�a►perty. ��r d�kM�K+t rnswer wtthin 30 days a natico frem Lender thst the insurance carrlar has offcred to settte a claim;thea
<br /> [xixlrr ou�y culicct tho imurwnco pnxbnclA. Ltnder may usc the proceeds ta rapair or mstone tha Properly or to pay sunns .,
<br /> Ke�urcd by►t►tx 6eeurity fn.rintment,whcther ar not then due. The 30-day period wlll begiA wben the no�ix ia given.
<br /> UnIcA�+ I.e►xier �tx� Aormwet utherwise wgree in wdting, any application of pmcxds w pr�ncipal shaU not exteod or
<br /> pu�tpuna the duo dpto of tho monthly payments referrcd to in paragapl�s 1 and 2 Ar change tbo amauat of the pAyRrents. If
<br /> ui�der parc�anph 21 tha Property is acquirod by Lender.Barrower's xlgttt to any insurance policEes and pmcxe�te rs:s�uiting f�a�
<br /> daaw�o ta tho Pruperty priar to tho ncquisitian shalt pass W L.ender to the extent of the sums secured by t4is Securlky�tashwnenc
<br /> Immaitatcly prlar to eho acquisftion. "
<br /> 6.(Accuponcy,Praiervntlon�MAlntenance and Protatlon o!�6e Yroperty;Borrower'g L�oaa Applications I.�oiiLs+.
<br /> Horrowcr ehall orcupy.cstablleh.und�use the Propqrty as Bnrrower's princlpal residena within sixty duys after tbe exoeutfon of
<br /> thia Sccurity 1n5tntmcnt und ehntl contfnue to occupy the Property ne Borrower's pr�acipal msIdence for at teast one y�u after
<br /> the dAte�f r�cupancy�unlese Lender otherwise ngroes in wrlting.which oonsent shall not ba unnasonably wlWheld,or nnlesa
<br /> eztenuatla�g clrcum.gtances exist wMch ure beyond Borrower's ccmtrol. Borrowar shait not desuoy. daunage or im�air the
<br /> Property. allaw tho Property m dcterlortue, nr commlt waate or�the Property. Borrower shall be in default if any foxfeinue
<br /> nctlon ar pmcceding.whether civll ae crimtnal,is begun that irt L,ender's good felth judgment could result in forfeiture oi the �
<br /> Property or otherwise muterialiy impnir th�lien crcatod by thle Security Insuument ar L.ender's securlty lnterest.Borrower may
<br /> cure such u default nnd teinwtate.ag pmvided in paragrapfi f Ec,by caueing the action or proceaiing to be�itnvii�aat�titi a r�tli�$ .
<br /> I that. in L.cndcr'x gaxi fnith determination. precludes f�orfejture of the Borrower's iaterest in the Property or other uoaterial
<br /> impainnent nf the Iten crented by thia Secm�Ity Instrument or Lender's security interest. Horrower.shall also be in default if
<br /> Borrower.du�ing the loun upplicutlon proces�.gave matedalty false or iru�ccurate informatIon or stater�ients to Lender(or failed
<br /> to provide[.en�ter�vith uny matcdal infarmution)in connection witt�the loan evidenced by the Note,includin$�but not limited
<br /> `'' to.representettons oonceming Bortower':occupancy oP the Fraperty es a priacipal residence.If this Securi�ty Insmiment is oa a
<br /> leasehold. Borrowcr ehuli comply with nll thc provtsions of the le�e. IP Borrower acquires fee tide to the Pnop�rty. the
<br /> I leasehold t+nnd the fae title Rhall not mergc unless Lender ctgrees to the merger in writing.
<br /> � 7.Protedbn of Lender'e itights tn thc Property. If Borrower fel�s to perform the covenants aad agreements ooatatned ia
<br /> ;� thla Secudty Instrument. or ther+o Ia a Iegnl pruce�ding that may aignificantly affect Lender's dghts in the Prop�ity(such as a
<br /> �a proceeding in bankruptcy.pmbuto, for condemnntlon or forfeiture or to enforce laws or reguladons). then I.ender msy do aad
<br /> pay for whatevcr is nec�sary tn protect the value of the Property und Lendcr's dshts tn the Property. L.ender's acttons may
<br /> , �' ' include puying any sums e�xurecl by u Iien which hns pr�ority over this Security Inatcvment. ap�esring tn court� paying
<br /> ,t.�;� reasonebte attomeys'fees and entcrin�q on the Property to makc repaira. Although Lender may take action under this paragraph
<br /> �'-,'•"� ' .y � 7,Lender dces not have to do so,
<br /> ,t3��{ .� .:?�: Any amouets disburse,d by I.e�xier undcr this paragrnph 7 shdl become additiona! debt of Borrower secured by this
<br /> ..�:-.:.:�,:.-: Secudry Instrument. Unless&►rmwcr artd Lender agrcc to other tcrmy uf payment� chese amounts shatl bear interest from the
<br /> �L_._��r ,•Y•f dute of disbursement at the Nota rute nnd shull be payuble, with interoest. upon �1ot�ce from Lender to Borrower t+eqttesUing
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<br /> „y,.��,�_.;; - 8.Mortgage invairanee�If Lender requircd mnrtgupe insurance as a comd[t[on of making the loan sacuc+ad y s ty
<br /> ;,�k: , Instrument, Borrower Khali pay ihe prcmiwns rcyuimd to maintuin thc mortgage insurance in effect. If. for any reason, We
<br /> �*•�. �e:� ` . I mortgage insurance covernge reyulrcd by t,cnder lapsc» or�eu�es to be in effect.Borrower shall pay the premiums required w
<br /> �; '��• '� obtc�n cuverage substc►ntiaily equtvulrnt tn the moHgaga In�:urunre prcviously in effect,at a cost substantlaUy equivalent W the
<br /> -���•;:- �� �`± cost to Rorrower uf the mortgu�e insurunce prcvimisly in effect, from on ulternnte mortgage insurer approved by Lender. If
<br /> ��' � - • substentiuily cquivulent mnnga�e insurunce urverugc ix aot uvuiluble,Be�rrower shull pay to I.ender each month a sum equal to
<br /> ��� .� �.:.;;, one-twclfth of the yearly mangagc inxunmcc prcmiwn tkln�puid by Barrowcr whcn the insurance coverage tapsed or ceased to
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<br /> .: .' be in effect. Lender will a��ept. ur�c und retuir�thc�e pi�ynxntx us �+loas rcscrve in Ifeu of mortguge inaurance. Lvss reserve
<br /> • form 3028 9/80
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