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<br />= � : ' S."Hsiz9rd or Ftnperty [nsura�e. Bomower sfiall keep the improvements naw e�nstmg or hereafter erected on tfle �:�._-�'
<br />_'`° • ' � ' , Properry insured against loss Ary fire,hazards included within the tecm "extended coverage"�n+c!any other hazards. including - �',,,P;`�
<br /> T . � tlouds or ftooding, far which Lertder requires insurattce. This insuracrce shall be mairitained in the amounts aitd for the periods �. :�'��'
<br />-+F _ • • that Lender reyuims.The insurance carrier providing the insurance sha3!6e chosen by Bomower subject to Lendei s approval ..:_ �- .� ���
<br /> .. ,,� __ which yhatl nut 6e unmsonably�vithheld. If Borrower faiEs to maintaln oover,�ge describcd above. Lender may, at i.eader s - -- �::�`
<br />� • � option,obtain cmerage to proiext Lender s rights in the Pmperty in accordance with paragtaph 7. �
<br /> - �r:.
<br /> _ . Ali insurance policies and renewats shall be accepiable to Len�ier and shall iaclude a standard mortgage claase. Lender w��. __:
<br />_. shall bave the right to hold the policies and renewals. If Lender reyuires. Borrower shall prompdy give to Lender all receipts of " • "� '�
<br /> =r; ___ � . __ - paid premiums and renewal notices. In the event of tass,Borrower shaIl give prompt notice to ths insurance rarrier and Lender: , �
<br /> . • � . , Lender may make praof of toss if not made ra t1 b Borrower. � �
<br />- . P mP Y Y � '=,�� T.
<br /> 13nless Lender and Borrower otherwise agree in writ�ng. insurance pro�ePds shall be applied to restoration or repair of the �• ' ` � ��;
<br /> ' , , Propeny damaged,if the restoration or repair is economicaUy feasible and Lender s security is not Iessened.If the restoralian or ` ���} �� '
<br /> .�. _ _
<br /> � � •. reQair is not economically feasi6le or Lender s security would be lessened,the insurance prooeeds shall be apptied to the sums � -;•,r N:-'�
<br /> . _ .. . secured by this Security Instrument,whether or aot then due, with any excess paid to Borrower. If Borrower abandons the �•�"r 4.��F � '•�
<br /> : ` Property.or does rtot ancwer within 3Q days a notice from Lender that the insurance prrier has offered to seute a claim,then �;;:�:tT��=.=_
<br /> .. � Lender may collect the insurance proceeds. I.ender may use the proceeds to repair or restore the Pro e or to �'=''�°r��
<br /> P rtY Pa}+ sums � `.,T-s:----
<br /> _ . secured by this Security Instrument, whether or not then due.The 30-day period will begin when the notice is given: . �=;�°-
<br /> � , ` Unless Lender and Borrower othenvise agree in writirag; any agplication of proceads to principal shall nat extead or ��
<br /> , � • . . postpone the due dace of the monthly payments referreit to in paragraphs 1 and 2 or change the amaunt of t6e payments. If
<br /> �`� .. ;_'". undet ar� 21 the Pr+o " ' • • -
<br /> - --� - � R S� � Perty�s-acqwred�byLender.-Borrower's�nghEtoanyinsurance-policies�and�pira�t�t�TesWting""frozii_ ----
<br /> ' •. . � , , damage to the Property prior to the acquisition shall pass to Lender to the extent of the sums secured by this 5ecuriry Instrument.
<br /> , . , immediately prior to the acquisition. •
<br /> ; . . , 6.Otcupancy,Preservation,�Matateaance and Protertlon of the Property;Borrower's Laan Applicat�on;Leaset�alds.
<br /> '�-� Borrower shali occupy,establish,and use the Property as Borrower's prirzripal residence a,ithin.sixty days after the eae+eurio�of
<br />_ � . this Security Instrument and shall c�ntinue to occupy the Property as Borrower's principal residence for at least one year after '
<br /> ' � _ • the date of ocxupancy,unless Lender othenvise agrees in writing,which consent shall not 6e unreasonably withheld.or unless �-'
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