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<br />=.::.-.�-.�„-� �. 1Knzas�l or�nge�4y inst►rar.cr. Soar�scver shali keEp t�e icnprovements amv e�s�t��or heteaRer�ed oa t�; _
<br /> _,.=�� t�aperty insured �aipsi less by firz.Aazards ics4uded�vithin the term "exten�e�ai soverage" aad any atker h�2ards.ir,ct�ding. ; `--
<br /> -__-_— fl�adc�as RnodinS.�er which E,endcr rer�uires insuranse.Th:s insurauce shall b��utaiutaitt�i'in the aatouA'�s anc�fur tt�e Feri�s
<br /> - s - that Lettder eequires.TI�e iasurancc�uner pmv�ding the iasuruAC�shat{be chasen by 8urc�wcr suts�eet to LemdRr`s aP�rOVat �.
<br />�i� rrhieb shalE nnt be ups+easonJily�vithhrld.Jf Yignowcr fails to��uintas�n covee�3e describai abave.I�ter may.at Lender's _
<br />_°.:.`.;r.� option�o�tain aover�e fo prster3 I�nder's rigltts in the Praperty ia nc+cord�tce wfit�p�ra�apJz 7. • , . . .
<br /> ,°��`� � ' A�!i25ur.�nse policies and renewais shall be rsce�itabie to[.ender nad sha31 inctude a standard m.or¢gage cla�ss.t.e�dcr -
<br /> si�ali t�re the r�ht ra t�t�e�li��d r�als.If Len�er tesiuires„I�aum�e�shali pro�gtl�give w Icn�..-�al.[r2celpts of . . .
<br /> -�'-�='�� paid pr�miums�d�eaemal aatises.in the event of ross.8onrao�'sbalt give proanpt notice to the ins�noe carrier ru�!l�a�r.
<br /> ��� . �
<br /> �.`���� Lendes may make praaY of loss if nnt made promptly by Hors+ower: `
<br /> =.�� Untess Leirder and Bo�mwer othemris$agree in cvritiag,ieuuraaoe�raceeds shall be agplied to.ressoratiam ar repair of the
<br />--=�� ProFer�i dama��.if the restoration ar rcpair is acoaomicalty feasi6te an�I.ender's�curitY is not taseaed.If t�g c�sttc�ration or _ .
<br /> "�-'"'_�� �� cepuix is rtot economirafly feasi6te or I.eader's serurity tivouId 6e lesseaed.the i�uraace pnoce�ds shali ise aPP����=�
<br /> -��---- �se�ted hy this Seturity Instnuuent� wh.ther or aoz shen dae.with aay eAcess p�id to Boreawer. If Bormwer abaz�aas"the
<br />:_��„� , Property,os d�es not anstir•er within 30 daps a natice fram�.ender thrst the insuraace carrser�as offe�ed to settte a c(air1,�m
<br />=-•----- lxnder �y collect�t�e iasuianoe Pmce�s. l.ender may use the piaceed.s to r+epair or restorE the Propeaty or w pay sums
<br /> —� � seaued try dv�Secarity Instit�ment.whether or�ot then dne.The•30day period will begin when the notic�::sy giyen. _ .
<br /> y'�=__��,�,��=�� luxtioa of to �tias!nat eatend or
<br />=--ia,� Unless lender uad 8orrower atherwise agtee irw writing, anY apP� P� � P��P?�:,..
<br />=-�==- past�aae the due date of the uzonthlY Qayments refemed co in paragra�hs I �rd 2 or change tl�amow�t:d"r the paymenu. If
<br /> '"'�`� undee paragraph 2t the Property is acqn'sr�d by iender.Boaower's rigt►t to a�ry insurance golicies and prooeeds�Iting fia� .
<br />--�°^y.� damnge to tIie Pmperty prior to the scqai.ytion s�all pa�to Leetder to the eatent af tha sunts secured by this SecmitY Iasut�rit
<br /> -= imm�diately prior to die acquisition. ,
<br /> =1-,�;::�
<br />-_r,c: > ..� 6.tTmcupamcy,�utioa,R+faintenauae aad Frot�rtEo�of the Property,Sorrowe�s Ieaan b$pFcatimn;Leased�otds.
<br /> '�' ��'�` Bprcowet shall accupy.establish.2nd nse the Property as Borrowei s prinripal residence within sixty days after the executipn of
<br />'�.4�,�. 1
<br />���'-:��:. .this Serurity Instmment and shall continue to occnpy the Phnperty as Bflrrowet's prinripal residecce for at teast otte year aRer.. ,
<br /> _n. _. .
<br /> -.��,..
<br />'.=1<.- the date of occapancy.unless lRUder otherwise agre�s in writing.wiuch consent shall not 6e�unteasona6iy witdhel�,or ess
<br />-,-��^ . �. • °-
<br /> - . : _- ezta�uating cires�mstantes exist cvhicfi are b�yvnd Eorrower's control. Borrowes shal! not desimY, � or impair the -" ---_-- -
<br /> . _�s`�;. ..
<br /> , �Y : ,•' Property,allaar the Properiy to deteriorate.or commit�vaste an the Pro�erry. Eorrower shall be in defautt if any fort'eiture
<br /> - acrion or proceeding.whether civil or criminai. is begun that in Lender's guad faith judgment could resuit in forFeiture of t�te �-�——_
<br /> •':���'� �. � Propecty or othenvise mateiially impair the lien created by this Security Instrurttent or I.eader's security interest.Bortawer may
<br /> ;:,A`;�'�::::�' cure such a default and reinstate.as p:ovided in paragraph i S,by causing the action ar proceeding to be disnissed with a ralin� _
<br /> %��� thai. in Lender's good faith detemiination, prectudes forfeiture of the Eorrower's imerest in the Propesty or other material _ —
<br /> '`�'•'"` ' impairmeat of the lien created by this Security Instrument or Lender's securitg+ interest. Borrower shali zlso be in default if -- --
<br /> .�..;�,.: rrr-':
<br />;:;�;;�;• . Borrower.during the loan applicati�n process.�ave materially false or inaccuraEe infomiation or state�ns.�fn Lender(or failed __
<br /> ���t,'-:y: to provide IandeT with any materia!infom�ation)in conneciian with the loan evidenced by tite Note,inriut:ir�;,6ut not lituited.
<br /> .._s��„;- to.repn�senta6ons conceming Borron�er's aceupancv of the Pro�erty as a principal residence.If this Secarity Insormuent is on a �� ,
<br />°�:�%'�` leasehold. Bortower shal�wmply with al1 the provisions of the lease. If Borrawer acquires fee title to the Propetty. the d,,,
<br />`;=;=°���" leasehold and the fee tltte shatl nat merge unless Lender agrees to the rnerger in writing. ;='';
<br />='r_�,..,: -
<br /> �-,;�F�� ?.Protectioa of l.pnder's Rlgi►ts in ttte Property.If Borrower fails to perform tHe covenanu and agreemenu conta[ned'm � > i
<br /> �• this Security Instr�ment, or there is a legal proceeding that may significandy affect Lender's righu in the Property(sush as a • �
<br />-__ �� proceadia�in banEcraptcy.probate.for condemnation or forfeiture er to enforce laws or regulations).then Lendet tnay do and � _"
<br /> . �'';-
<br />_�"-�`-�_ pay fos whatever is necessary to protect the vatue of the Property and Lender's righu in the Property. Lender's actions may ' '�'--
<br /> ----` include paying suiy sums secured by a lien which has priority over this Seca�riry InsUvment, appearing in court, paying �•� �°�•
<br /> �__.__— ,f.��:;- ;,
<br /> =��a"=`�� reasonable attorn��ys'fees and entering on the Pmgerry ro make repairs.Although Lender may take aaion under this paragraph � --- ��
<br /> -��r.�:.: 7.Le�er Qoes not have to do so. : " -' '-�
<br />=i .�+--:.: �i•, t•. �
<br /> ��� } Any a�aounts disbursed 6y T.arrder unde.this paragraph ? shall become additional� debt of Boaower securad by this .���:,"s ? �#=:�� .
<br />-'�;�: _
<br /> Secvrity Insttume�t. Unless Borrawer and ixcder agree to other tertns of payment, these�3urnunts shall6eas interesE from the . h�� �'•,-::�f'''_
<br /> ' ' . .s_,
<br /> __;•���,.;_� date of disbursement`at the Note rate and shail fte payable, with interest. upon notice from l.endcr to Borrower requestin� °'�: �-=a�;e-;�-
<br /> :,:r,°.< : . payment. � r
<br /> ;;�.�:y:l:.:.,. . • �'�►� .'�o,��::
<br /> _ S.Mort�age Instt!~aaee.If Lender requirc;d'rtwngage insurance as a condition of makirtg the loan sc-c.vred by this S�curity
<br /> Instrument. Bosrower•shall pay the premiums required to maintain the mortgage insurance in effect. I�for any reason. the . .
<br /> �'�:��n:�`-- mortg�irrsurance coverage requi�by l.ender lapses or c�e�to be in effect,Bosrower shall pay the premiums requited to , ° :
<br />==uM--x� �
<br /> ""�'�;-� obtain covemge su6st�►tially equivalent to the mortgage insurance previously in effect,at a cost snbstantially equivalent to the� . '�.•. . � ��
<br /> ''�'�'':" oost to Borrower of the mortgage insurnnce previr.usly in effect, from an altemate mortgage insurer a�:proved by Lender. If • �'
<br />�'_�'`_;S4s.;s� P
<br /> ,�g�;-- substantially eqvivalent mortgage insurance coccr,��:is not available. Borrower shall pay ta L.ender eac�s rwonth a sum equal to . . . . -
<br />�=-.�� ane-twelfth of the yearly mortgag�ia�surance p•r�aiar:�being paid by�orrower when the iasnrance wvera�e fapsed or aeased to .. . �
<br />=�--="==� be in effect.l.emder will accept.c�e asd retain th�e�ayments as a loss reserve in lieu of mortgage insurance. Loss reserve . . .. ,-
<br /> �-�^.:� Form 3028 9/90 • � �
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