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<br /> � ' �� < + , ' S. ftaraad or Pcoperty Iasnrunce. Borcower s1�lt keep the improvements now exispng or her,mfcer ererted on the V`� `�"a�'�"``�`
<br /> �'=�''`�' :-',.�.��"� ' Property insumd sgainst toss by fire.hazards inclnded within the term"extended coverage" aud any other hazards. inclading a��-_�==__
<br />_t;; � ` . � .� ftoods or flooding. for which Lender requires insnrance.This insarance shaU be maintained in the amounts and for the perinc�s • -'-;`�'_-:�.,-�-- .
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<br /> � � that Lender r�equires.The insurartce rarrier providing the insurance shall be chosen by Borrower subject to i:endes s approval `'a° ` �,��.-._
<br /> ' which shall nat be unmasonably withhetd. if Borr�wer t'ails to maintain coverage described abo�e. Lender may. at Lender's , '.`"' " '
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<br /> ' option,o6taire wverage to pmtect Lender s rigi}ts in tht Peopeety in accordance with paragraP�s 7• - -
<br /> �� Alf insurance polides and renewals shali be acceprable to Lender and shal! inclade a standard mortgage clause. tender t� •��.'`�.�' _
<br /> ' ` ` shali have the right to hold the policies and renEwafs.If Lender requires,Borrower shal{prompdy give ta Le�der ali receipts of n y.� ��� 5
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<br /> _ • paid premiums and renewaZ notices.In the event of 1oss.Bnrrower shall give prompt notice to the iasurance rarrier and Lender. �'�;���_=-
<br /> .� ' F ' Lender may make praof of loss if not made promptly hy Borrbwer. . � �
<br /> ,.�� • �_ _�`•° Unless Lender and Borrower otherwise agree in writing,insurance pmce�ds shaU be appiied[o reswration or repair af the y��$ = �
<br />'�'i�.`�� ` Property damaged.if the restoration br repair is economically feasibte and I.ender's security is not lessened.If the restoration or - __ ---
<br />-�� .'' � `'� ��` repair is not economically feasible or Lender s savrity vroi�ld be lessened.the insw�ance proceeds shall 6e applied w tlte sums -- -- -- -- -
<br />..,`�.. ,�'°� �� _ secured 6y this Security Instrument. whether or not then dae, arit6 any excess paid to Boixower. If Bormarer abandons the °---_= -��
<br /> �: �,,'•' ` ` ` • Property,or does not an5wer within 30 days a notice from Lender that the insuranoe carrier das offered to settie a claim,thea _
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