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<br /> ti. Y lOr.^.RC�CZS•kDS�E:�rBy fiEb:�eesic�a �jnrr�c;er c?��11 Ice_��4i�o ira�ri�vcrn�nt���tn�•� oyir,ti���t;ii�rc:!4'ec:;c.��:ic�',o� I
<br />- �- ;� .;E;�.,y., tho P�'op�rty in�ured ageii,st lo:� Uy Pie�, l�pz�rdn ineludcd wifh�n 4ho eerr�� "c����cnllcd cc�vcrn��" nnd��y otuc;�i:�,.ct,d�, L_ .
<br />''.�'r`w;�;.�r���h inclu�in}�llcxjde or tlooding,far which I.ender rc;quise�insur�►nco.This insuranco ohall be rnainteineci In the acn�►u�its
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<br /> �,�._.�,�,,,��,:;.t, and far tlio pe�iucle tliat I.�nder requires.'I't�p tn�u.rance cnrrinr providing th�lnr�arence chell tsa choscn by arrn�acr
<br />�,,�;,�,._;-:,�„�,�.-.,,: eubJ�x;t to Lender's eppr4vnl which ehell not ho unreason�bly withhe�d.IQ 13orrowar iells to aneintRin cover�go dcecrybed
<br /> � �� s4�ov�,i,endce mny,xt I.andet.'a option,abtein coveaago to pratect i.encler'e rightri in tho Property in accordnnco with �,;:-�-
<br />��:.n�::s.�,�.�s:..:;:� p�ragraph 7. �
<br /> -�-��u:;r�;;p�� All inei�rence policica and renowels ehel!be acceptable to l.ender a�nd ehell include a standerd mortg�ge clause.
<br />-�`;;�� �"�;� •- � Lender ohall have th� cight to hnld the policiee end renewals. If Lc:ndsr r uirca, Ba�rrowcr ehall promptly givo to
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<br /> ` -i ��� t�,� I.�nder all recelpts oi pxid premiums end renowel noticts.In¢ha event ot loa. orrowar ehnll givo prompt nntieo ta the
<br />��� ''• �� � • - ��"�;_:� insuranco csrrler and Lender.I.ercder may mako proo!of loss It not mado promptly by&►rrow�r.
<br />"""°' !� '� ' Unless Y,cnder and Borrowor otherwie,a ngrco in wdting,insurance procv,da ehall be�epplied to restoration or repelr -
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<br /> � � � � of the Propes4y dama�cd,lt the rc�toration ar repsir ie economieally feasiblo and L.�nder'a sacurity ia not lessened.If the
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<br />-•,7.::±; � restoration or rcpair is not economically fc�eible or L.endor's secucity would be lessened,the ineuranco proceode ahe11 be
<br /> : . applied to tha sume secured by thle Security Instrument,whether or not then due,witb eny excess paid to Borrower.If —
<br /> , � Horrower abandone tho Proporty.ar does not enewer Nittein 30 deys a notdce from LPnder that tho insurence carrier hes _
<br /> , offered ta settle n cloim.then Len�er may c�llect the insuranca praceede.Lender may use tha proceeds to repair or
<br />�; , � , r�tore tha Property or to pay eume secured by thie Security Inatrument,whether or not then due.Tha 30-day period will _
<br /> ` tsegIn when tha notice ie given. --
<br /> � �•- � � Unle�� Le�d�r and Borrc�wer otherwise agree in writin�,any spplication of proceedo to principul shell not eYtendor
<br /> �-� �� postpone the dua date of the monthly paymente referred to in paragraptis i and 2 or change tha amount af the payments. __
<br />�'�" � I� under paragcaph 21 the Property ie acquired by Lender, Bonower'e right to any Inaurance policies and proceeds
<br /> re�ulting irom damage to the Pr�perty prior to tha acquisition Ahall pass to Lender to the extent of tha sums secured by E„_�
<br /> • � thie Security lnstrument immediat�ly prior to tha acqrneition.
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