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<br />-�»��+°,: •�����x•.� .� S. Haznrd ar Pro�erty Insarnnce. Hnnower shall keep the improvements no�v existing an c�rcaftcr crectcd an t1�c �-
<br />::M_. , Propcny insurcd against loss by firc, hazar�s includcd within thc tenn "extcnded covcragc"nnd arty o,hei liuzards. inc[udin�
<br />= . , ` floocis or flouding, for which Lender requires insurance. Titis insurunce stfall be inaintnined in the amaunts and ti�r the periods
<br /> ' � that Lender requires. Tlie insurance carrier Froviding tiie insurance shall be chosen by Rorrower suhject w Lender's apEsro�al —
<br />�•`:`�s,'='}'''�-�!�;°.i�'� which shall not bc wtircasonably wiQihctd. If Borrower fuils tu maintain covcragc described abavc, I.cndcr mcty, at Lcndcr's
<br /> . ° npticin,c►ht�in covcrage to rrotect l..cndr,r's righcs in thc Amperty in accordmice with para�raph 7. ,
<br />_ ; ,ti; �',:`��,:':,. � All insurance policics nnd renewals shall be accepk�ble to Lender and shull include n standard n•Angage ciause. L,ender
<br />'. � � �, � shnll have the right to I�nld tlie pulicics aud rencwals. if I.ender requires, Bnrrower shall promptly givc to[.cnder all receip�s of
<br /> ,. " paid prernimns and renewal notices. In the event of loss, Barrower shall give prompt no�ice to Aie insurance carrier and Lendee.
<br /> • l.endcr inay make proof of loss if not made promptly by Horrower.
<br />" ��� . Unlcss C.cndcr and Borrower athenrise agrce in writing, insuranse proceeds shall be applied to restoration or repair of tfYc
<br />� ` .: Property damagecl,if tlie restorution or repair is economically feasible 1nd Gender's sesurety is not lessened. If the restorntion or
<br />_ •• .. .. repair is not economically feasible or Lender's security wauld be l:.ssened,the insurance procoeds shall be applied tu the su�ns
<br /> • � ' secured by this Security Instrument, whether ar not then due, with any excess p�d to Burruw+er. If Borrawer abandot�s tSie
<br />' � Property. or daes not answer within 30 days a notice from L.ender that the insurance clrrier has offered t�settle a claim,then
<br /> l.ender may collect th� insurance procecds. I.ender may use the proce:ds to repair or restose the Property or to pay sums
<br /> , ' sccurcd by tliis Sccurity Instrument, whether or not then due. The 30-day periad tivill be�i�when the notice is given. —
<br />` � ' Unless Lender and 8orrower otherwise agree in writing, any application of proceeds to principal shull not extend or
<br /> � postponc thc duc datc of thc monthly paymcnts rcfcrra;d to in paragraphs I and 2 or change the amoens of We pnyme�tts. if .
<br /> under puragraph 21 the Propeny is acquired by Lender, Borrower's right to any insurunce policies and proceeds reulting from
<br /> ' - -„ damagc to the Property prior to thc acquis;tion shaU pass to Lender to the extent of the sums secured by this Security Instrument
<br /> �� „ imir�ediately p►ior to the ncquisition. —
<br /> • �• 6.Occupancy,Pireservation� Maintenancc nnd Protection of the Property;Borro�ver's LoAn Applicntlo�i;L.eASe�olds.
<br /> �� Borrower shall occupy,establish,and use the Property as Horrower's principal residenee within sixry days after the execution of °-
<br /> this Securiry instrument and shall continue to occupy the Propeny as Borrower's pr.r.;.ipal raidence for at least one year after
<br /> the duie of occupancy, unless Lender atherwise agrees in writing, which consent shall not be unreasonably withheld, or unle�s
<br /> • extenuating circumstunccs exist which are bcyond Borrower's control. Borrower shall not destroy, damage or impair the
<br /> '� • ' Propeny, allow thc Property ro detcriorate. or commit wuste on the Propeny. Borrower shall bc in default if any forfeimre
<br /> ' action or proceeding, whether civil or criminul, is begun that in Lender's�ood taith judgment cauld result in 9'orfeiture af the
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<br /> � ; cure such a defuult and rcinstate,as provided in paragraph 18,by causin$the action or proceeding to be dismissctl with a rulipg
<br /> that, in Lciider's goad fnith detcrmination, precludes forfeiture of thc Borrower's interest in the Property or othcr material
<br /> impairment of the lien creuted by this Securiry Instrument or Lender's security intei�est. Borrower shall also be in default if --
<br /> Borro�ver,during the l�an application process,gave materiully false or inaccurate information or statemenGs to C.ender(or failed _
<br /> ` to pro��ide L,ender with any material information)in connection with the loan evidenced by the Note, including,but not limited
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